{"id":34783,"date":"2021-01-15T12:44:49","date_gmt":"2021-01-15T10:44:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34783"},"modified":"2025-08-28T22:10:51","modified_gmt":"2025-08-28T19:10:51","slug":"brian-brooks-resigns-as-head-of-the-occ-blake-paulson-to-become-acting-comptroller-of-the-currency","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/brian-brooks-resigns-as-head-of-the-occ-blake-paulson-to-become-acting-comptroller-of-the-currency\/","title":{"rendered":"Brian Brooks resigns as head of the OCC; Blake Paulson to become acting Comptroller of the Currency"},"content":{"rendered":"<p>On Thursday, January 14, Brian Brooks resigned as head of the Office of the Comptroller of the Currency (OCC) within the U.S. Department of the Treasury.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Brian P. Brooks to Step Down, Blake Paulson to Become Acting Comptroller of the Currency on January 14, 2021 <a href=\\\"https:\/\/t.co\/bGpnNapT1F\\\">https:\/\/t.co\/bGpnNapT1F<\/a><\/p>\n<p>\u2014 OCC (@USOCC) <a href=\\\"https:\/\/twitter.com\/USOCC\/status\/1349501741625008129?ref_src=twsrc%5Etfw\\\">January 13, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Brooks described the regulator as &amp;quot;the most extraordinary of the federal agencies&amp;quot;. He said the OCC team had ensured the safe and sound operation of the U.S. banking system for decades to come.<\/p>\n<p>Blake Paulson, the OCC&#8217;s chief operating officer, became Acting Comptroller of the Currency.<\/p>\n<p>Information <a href=\"https:\/\/u1f987.com\/en\/news\/occ-chief-brian-brooks-to-step-down-reports-say\">about Brooks&#8217;s resignation<\/a> appeared on January 13.<\/p>\n<p>Under his leadership, the OCC allowed banks to provide custody services for cryptocurrencies, <a href=\"https:\/\/u1f987.com\/en\/news\/u-s-regulator-allows-banks-to-hold-stablecoin-reserves\">to hold the collateral for stablecoins<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/us-regulator-authorises-banks-to-issue-stablecoins\">to issue<\/a> them.<\/p>\n<p>In November 2020, six members of the U.S. Congress <a href=\"https:\/\/u1f987.com\/en\/news\/us-lawmakers-criticise-regulator-for-focus-on-cryptocurrencies\">criticised the regulator&#8217;s work<\/a> for its heightened focus on cryptocurrencies.<\/p>\n<p>Follow ForkLog for updates on <a href=\\\"https:\/\/twitter.com\/ForkLog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, January 14, Brian Brooks resigned as head of the Office of the Comptroller of the Currency (OCC) within the U.S. Department of the Treasury.<\/p>\n","protected":false},"author":1,"featured_media":34784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[36,26],"class_list":["post-34783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-regulation","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=34783"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34783\/revisions"}],"predecessor-version":[{"id":34785,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34783\/revisions\/34785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/34784"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=34783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=34783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=34783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}