The Federal Financial Institutions Examination Council announcedMonday that Comptroller of the Currency Thomas J. Curry has beennamed chairman for a two-year term.
|He succeeds NCUA Chairman Debbie Matz as chairman of the combined regulatory group.
|This marks the fifth time the OCC has led the council. The FFIECalso named Daniel K. Tarullo, member of the Board of Governors ofthe FederalReserve System, as its new vice chairman for a two-yearterm.
|“It's truly an honor to be named to the chair of the FFIEC,”Curry said. “I want to express my appreciation to Chairwoman Matzfor her service to the FFIEC over the last two extraordinary yearsin our industry.
|“As the FFIEC looks to the future, I will continue to work withmy colleagues to help ensure uniform examinations and standardsthat balance the financing needs of families, communities andbusinesses while preserving the safety and soundness of the bankingsystem.”
|The FFIEC currently consists of six voting members: theComptroller of the Currency, FDIC chairman, NCUA chairman, ConsumerFinancial Protection Bureau director; chairman of the State LiaisonCommittee; and a member of the board who is appointed by thechairman.
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