Otting on banking regulation reform

Comptroller of the Currency Joseph M. Otting submitted written testimony and an oral statement to the Senate Committee on Banking, Housing, and Urban Affairs discussing the common-sense, bipartisan reforms that are reducing unnecessary burden on banks while ensuring they operate in a safe, sound, and fair manner along with the implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018, the condition of the federal banking system, and risks the agency is monitoring.