Acting Comptroller Williams Issues Statement Regarding

FDIC Proposal to Expand Special Examination Authority

WASHINGTON – Acting Comptroller of the Currency Julie L. Williams spoke today in opposition to a proposal to expand the Federal Deposit Insurance Corporation’s special examination authority. Her statement at the FDIC board meeting is available on the OCC’s web site at: www.occ.treas.gov.

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The Office of the Comptroller of the Currency was created by Congress to charter national banks, to oversee a nationwide system of banking institutions, and to assure that national banks are safe and sound, competitive and profitable, and capable of serving in the best possible manner the banking needs of their customers.