Acting Comptroller of the Currency
Michael J. Hsu is the Acting Comptroller of the Currency and serves as the administrator of the federal banking system and chief executive officer of the Office of the Comptroller of the Currency. The OCC ensures the U.S. federal banking system operates in a safe and sound manner, provides fair access to financial services, treats customers fairly, and complies with applicable laws and regulations.
As Acting Comptroller, he also serves as a Director of the Federal Deposit Insurance Corporation and is a member of the Financial Stability Oversight Council and the Federal Financial Institutions Examination Council. Prior to joining the OCC, he served as an Associate Director in the Division of Supervision and Regulation at the Federal Reserve Board of Governors. In that role, he chaired the Large Institution Supervision Coordinating Committee Operating Committee, which has responsibility for supervising the global systemically important banking companies operating in the United States. He also co-chaired the Federal Reserve’s Systemic Risk Integration Forum, served as a member of the Basel Committee Risk and Vulnerabilities Group. His career has also included serving as a Financial Sector Expert at the International Monetary Fund, and as a financial economist at the U.S. Department of the Treasury helping to establish the Troubled Assets Relief Program, and the Securities and Exchange Commission overseeing the largest securities firms.
Mr. Hsu holds a bachelor of arts from Brown University, a master of science in finance from George Washington University, and juris doctor degree from New York University School of Law.
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