Jeffrey P. Naimon quoted in American Banker article, "OCC’s ‘fair access’ rule could be short-lived under Biden”
American BankerJeffrey P. Naimon
The American Banker article, “OCC’s ‘fair access’ rule could be short-lived under Biden,” discussed the likelihood that the Office of the Comptroller of the Currency’s fair access rule will be repealed or abolished altogether under a Biden-appointed comptroller.
Naimon noted, “There's a reasonably good likelihood that OCC leadership appointed by President Biden will put the effective date of the rule on hold while they further consider it, even though it’s now been finalized. You’ll often find that done when a new administration of a different party comes in and seeks to address a rule recently put into place by the old administration.”
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