On the recordMarch 14, 2013
It is wholly unacceptable for an institution, its officers, or employees to provide false or misleading information to the OCC and its examiners.
Source
congress.govIt is wholly unacceptable for an institution, its officers, or employees to provide false or misleading information to the OCC and its examiners.
Stating the unacceptability of providing false information to regulators.
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Thank you for the opportunity to discuss those provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act that reduce systemic risk and improve financial stability.
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Generally speaking, I think the principle is clear from the Constitution that the Federal law supercedes conflicting State law.
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