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Ex-NCUA chief tapped to be OCC acting comptroller

Summary by bankingdive.com

Rodney Hood, who took the helm of the federal banking agency Monday, said he “will work diligently to promote a regulatory environment that is effective without being excessive.”

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bankingdive.com

Ex-NCUA chief tapped to be OCC acting comptroller

Rodney Hood, who took the helm of the federal banking agency Monday, said he “will work diligently to promote a regulatory environment that is effective without being excessive.”

13 days ago

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LexBlog

Treasury Secretary Bessent to Appoint Rodney E. Hood as First Deputy Comptroller of the OCC

On February 7, Secretary of the Treasury Scott Bessent announced that he will appoint Rodney E. Hood as a Deputy Comptroller and designate him as the First Deputy Comptroller of the Office of the Comptroller of the Currency (OCC). This means Hood will also act as the Acting Comptroller of the Currency. Hood replaces Michael Hsu, who was appointed by former President Biden on May 10, 2021, to serve as Acting Comptroller of the Currency. Hsu serve…

12 days ago

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Safeguard Properties

Rodney E. Hood Announced as Acting Comptroller of the Currency

Industry Update February 7, 2025 Source: Office of the Comptroller of the Currency The U.S. Department of the Treasury announced the appointment of Rodney E. Hood as Acting Comptroller of the Currency, effective February 10, 2025. U.S. Secretary of the Treasury Scott Bessent designated Mr. Hood pursuant to his authority in 12 U.S.C. 4. “I am grateful for the trust of Secretary Bessent and will work diligently to promote a regulatory environment …

13 days ago

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themortgagepoint.com

Rodney Hood Named Acting Comptroller of the OCC - The MortgagePoint

Rodney E. Hood, Acting Comptroller of the CurrencyThe U.S. Department of the Treasury has announced the appointment of Rodney E. Hood as Acting Comptroller of the Currency (OCC). U.S. Secretary of the Treasury Scott Bessent designated Hood pursuant to his authority in 12 U.S.C. 4.“The strong leadership and career experience of Rodney Hood will strengthen the OCC’s efforts to ensure the safety and soundness of the banking system while also enhanc…

13 days ago

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Executive Gov

Rodney Hood Named Acting Comptroller of the Currency at OCC

The Department of the Treasury has appointed Rodney Hood as acting comptroller of the currency and first deputy comptroller of the Office of the Comptroller of the Currency. Hood, who assumes office immediately, replaces Michael Hsu, who served in the role since May 2021, OCC said Friday. The new appointee is responsible for managing the federal banking system and overseeing OCC operations. Effective Regulatory Environment In a statement, Hood v…

13 days ago

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PYMNTS.com

Banking Sector Vet Rodney Hood Named Acting OCC Head

One of America’s main financial regulators has a new acting director. Treasury Secretary Scott Bessent announced Friday (Feb. 7) his plans to appoint Rodney Hood to serve as the first deputy comptroller for the Office of the Comptroller of the Currency (OCC). In this position, the announcement said, Hood will serve as acting comptroller of the currency. “The strong leadership and career experience of Rodney Hood will strengthen the OCC’s efforts…

14 days ago

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