Political Quotes

“Mr. President, I rise to speak in support of the nomination of Mr. Joseph Otting to be Comptroller of the Currency. The OCC's mission is to ensure that the financial institutions it oversees operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with the applicable laws and regulations. The OCC is responsible for overseeing the supervision of all national banks and Federal savings associations as well as Federal branches and agencies of foreign banks. The OCC also plays an important role in identifying and responding to emerging threats in our financial system. Mr. Otting is exceptionally qualified to lead the OCC as its comptroller. His unique expertise and understanding of the banking sector has been shaped by over three decades of firsthand industry experience. Mr. Otting has held positions at large regional and community financial institutions, including key leadership positions. In fact, he has touched virtually every segment of the industry, working in consumer services, business services, human resources, compliance, audit, and many others. His understanding of how banks work and knowledge of the laws and regulations governing the financial sector was evident throughout his nomination hearings. I was also encouraged by Mr. Otting's statements about the importance of ensuring that all Americans have access to banking products and services. Mr.…”