Freddie Mac-No Politics (FMCC)

[navycmdr]

Calabria on X ...

What does OCC stand for?
The Office of the Comptroller of the Currency (OCC) is an independent bureau of the U.S. Department of the Treasury. The OCC charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks.

Has Congress ever eliminated an agency outside of a crisis?

— Andrew Ackerman (@amacker) May 9, 2024

What about also giving the Fed's supervision responsibilities to the OCC? I get that one supervises holding companies, the other (federally chartered) banks. But it seems duplicative. Thoughts?

— Aaron (@Appellor_Aaron) May 9, 2024

Lol. Fair enuf.

— Andrew Ackerman (@amacker) May 9, 2024