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FOR IMMEDIATE RELEASE
July 21, 2011
Contact: Robert M. Garsson
Acting Comptroller Provides Senate a 'Progress Report' on OCC's Implementation of the Dodd-Frank Act
WASHINGTON — Acting Comptroller of the Currency John Walsh today gave members of the U.S. Senate a progress report of the agency’s initiatives undertaken to implement the Dodd-Frank Act. In testimony before the Committee on Banking, Housing, and Urban Affairs, Mr. Walsh focused on the integration of the staff and functions of the Office of Thrift Supervision; efforts to support the Bureau of Consumer Financial Protection; OCC’s contributions and participation in the Financial Stability Oversight Committee; efforts to strengthen risk-based capital, leverage, and liquidity requirements; and the agency’s progress on key rulemakings.
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