By Pete Schroeder WASHINGTON (Reuters) -The U.S. Senate voted on Thursday to confirm Jonathan Gould as head of the Office of the Comptroller of the Currency, the agency charged with monitoring large national banks. Gould, who was confirmed by a vote of 50 to 45, previously served as chief counsel at the OCC from 2018 […]
U.S.
US Senate confirms Gould to serve as large-bank watchdog
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By Pete Schroeder
WASHINGTON (Reuters) -The U.S. Senate voted on Thursday to confirm Jonathan Gould as head of the Office of the Comptroller of the Currency, the agency charged with monitoring large national banks.
Gould, who was confirmed by a vote of 50 to 45, previously served as chief counsel at the OCC from 2018 to 2021.
Most recently, he was a partner at law firm Jones Day in Washington, and before that worked for crypto firm Bitfury as its chief legal officer. In 2018, Gould was chief counsel for the Senate Banking Committee under then-Chairman Mike Crapo, an Idaho Republican.
In his new role, Gould is expected to join Trump administration efforts to curtail bank regulations and oversight, as part of a bid to spur economic growth. His confirmation was met with quick praise from the banking industry.
“We look forward to working with Comptroller Gould on a number of important regulatory issues in the years ahead, including advancing a rational regulatory framework that promotes a resilient and healthy national banking system,” said Rob Nichols, president and CEO of the American Bankers Association, in a statement.
(Reporting by Pete Schroeder; Editing by Richard Chang)