← Back to Influence MapView all tracked agencies →
Office of the Comptroller of the Currency
Government BodyFederal bank regulator that charters, regulates, and supervises national banks. Under Acting Comptroller Brian Brooks (2020-2021), issued interpretive letters enabling banks to custody crypto.
crypto
Given
$0
Received
$0
Connections
5
Votes
0
Regulatory Capture Assessment
Regulatory capture occurs when a regulatory agency advances the interests of the industry it is meant to oversee. The indicators below track evidence of capture for this agency. According to the academic literature (Stigler 1971, Carpenter & Moss 2013), captured agencies exhibit declining enforcement, revolving door personnel pipelines, and rule-making that favors incumbents over public interest.
Industry connections
0
Enforcement actions
0
Revolving door
2
Relationships
| Type | Connected To | Details | Source |
|---|---|---|---|
| proposed_rule | National Bank and Federal Savings Association Digital Activities | OCC proposed rule: National Bank and Federal Savings Association Digital Activities | Source |
| oversees (target) | Senate Banking Committee | Senate Banking Committee has jurisdiction over the Office of the Comptroller of the Currency | |
| Employed by (target) | Jonathan Gould | Jonathan Gould nominated as Comptroller of the Currency | |
| Employed by (target) | Brian Brooks | Brian Brooks served as Acting Comptroller of the Currency (May 2020-Jan 2021). Issued interpretive letters allowing banks to custody crypto and hold stablecoin reserves. | Source |
| oversees (target) | House Financial Services Committee | House Financial Services Committee has jurisdiction over the Office of the Comptroller of the Currency |