As the term of Comptroller of the Currency Thomas Curry expires and with no replacement in sight, the OCC could be headed toward a showdown with Congress over the agency's decision to issue special charters to fintech companies.
Curry announced in October that the OCC would be developing guidelines for companies that wanted to receive the new charter. The agency solicited comments, and more than 100 people responde.
In March, the OCC published a draft supplement to its licensing manual, which contains existing regulations for chartering national banks.
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