Secretary Yellen Announces Intention to Appoint Michael J Hsu as First Deputy Comptroller of the Office of the Comptroller of the Currency marketswired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketswired.com Daily Mail and Mail on Sunday newspapers.
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This report provides a snapshot of the US Executive Branch
priorities via daily schedules and the prior day s press
releases.
POTUS Schedule
9:30 a.m. EDT - The President receives the President s Daily
Brief | Oval Office
10:30 a.m. EDT - The President speaks with NATO s eastern
flank Allies, who will be meeting in a virtual summit of the
Bucharest Nine (B9) | Roosevelt Room
1:15 p.m. EDT - The President delivers remarks on the economy;
The Vice President also attends | East Room
Looking ahead, on May 12, the President will host a
US Executive Branch Update – May 10, 2021 Tuesday, May 11, 2021
This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases.
POTUS’ Schedule
9:30 a.m. EDT – The President receives the President’s Daily Brief | Oval Office
10:30 a.m. EDT – The President speaks with NATO’s eastern flank Allies, who will be meeting in a virtual summit of the Bucharest Nine (B9) | Roosevelt Room
1:15 p.m. EDT – The President delivers remarks on the economy; The Vice President also attends | East Room
Looking ahead, on May 12, the President will host a bicameral, bipartisan meeting at the White House on the American Jobs Plan.
Yellen, a former Fed chief, appointed Hsu to be first deputy comptroller of the currency and said he will become the acting comptroller upon taking office Monday. Hsu was previously the associate director of the Fed’s division of supervision, leading efforts to oversee major banks.
“It is a tremendous honor to serve as Acting Comptroller of the Currency alongside those who ensure our federal banking system operates in a safe, sound, and fair manner,” Hsu said in a Friday statement released by the OCC.
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“I appreciate the confidence Secretary Yellen has shown in me by appointing me to this important post.”
Date
07/05/2021
U.S. Treasury Secretary Janet L. Yellen today announced her intention to appoint Michael J. Hsu as a Deputy Comptroller and designate him the First Deputy Comptroller of the Office of the Comptroller of the Currency (OCC). Mr. Hsu will serve as Acting Comptroller.
“Today, I’m pleased to appoint Michael Hsu to the post of First Deputy Comptroller of the Office of the Comptroller of the Currency. When Mike takes office on Monday, he will assume the role of Acting Comptroller,” said Secretary Yellen.
“Mike has devoted his career to the stability and supervision of America’s banking system. He is among the most talented and principled regulatory officials that I have had the pleasure of working with, and I am confident he will execute this role with integrity and efficiency.”