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Financial Services Law Insights and Observations

Brian Brooks named acting Comptroller, Otting steps down

Federal Issues OCC Fannie Mae

Federal Issues

On May 21, the OCC announced that Comptroller of the Currency, Joseph Otting will step down from office on May 29, and Brian P. Brooks will become acting Comptroller of the Currency. Brooks currently serves as First Deputy and Chief Operating Officer. Prior to joining the OCC, Brooks was Chief Legal Officer of a digital currency exchange, and prior to that, he served as Executive Vice President, General Counsel, and Corporate Secretary of Fannie Mae.

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