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Trump picks ex-banker Otting to regulate Wall Street at OCC

Thursday, June 8, 2017 - 05:50

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Mr Otting will also become a member of the Federal Deposit Insurance Corp's board and the Financial Stability Oversight Council.

Washington

JOSEPH Otting, a former lieutenant of Treasury Secretary Steven Mnuchin's at OneWest Bank, has been tapped to lead a US regulator that oversees more than 1,000 lenders - including Wall Street giants.

US President Donald Trump plans to nominate Mr Otting to run the Office

sentifi.com

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