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Brian Brooks steps down as head of the Office of the Comptroller of the US Currency


On Thursday, January 14, Brian Brooks stepped down as head of the Office of the Comptroller of the Currency (OCC) at the US Treasury.

Brooks called the regulator “the most extraordinary of federal agencies.” According to him, the OCC team ensured the safe and reliable operation of the US banking system for decades to come.

COO Blake Paulson became the acting head of the department.

Brooks’ resignation appeared on 13 January. Under his leadership, the OCC allowed banks to provide cryptocurrency custody services, store collateral for stablecoins, and issue them.

We will remind, in November 2020, six members of the US Congress criticized the work of the regulator for the increased attention to cryptocurrencies.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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