Tag Archive for: OCC

...But the push to rein in regulators is about more than a specific rule or law. The effort also includes changing the relationship between banks and government regulators, giving less discretion to government representatives and more latitude to bankers...

The Fed's mandate to ensure the safety of banks "justifies all sorts of secret, behind the scenes arm-twisting," said Paul Atkins, head of the financial consulting firm Patomak Global Partners and former transition adviser to Trump. The regulators' involvement "provides challenges for people trying to operate," he said.