Comptroller Jonathan Gould

I was pleased to convene Tuesday’s Financial Literacy Roundtable at the Treasury Department with fellow regulators, community banks, credit unions, and international banking institutions to discuss innovative approaches to advancing financial literacy and expanding economic opportunity for Americans. Thank you to our regulatory counterparts and the institutions that shared incredible insights, successful programs, and their experiences from the constituencies they serve. Today’s discussion reinforced the importance of regulators hearing directly from those on the front lines about what is working, where challenges remain, and how we can foster an environment in which financial literacy initiatives continue to grow and make a meaningful difference for the future generations of America.

Today @SenateGOP, along with the Democrat who put country before political ideology, confirmed @POTUS's nominee Kevin Warsh as the next Chairman of the @FederalReserve. Chairman Warsh will usher in a new day at an institution that is in need of accountability, sound policy guidance, and the renewed sense of purpose to help guide our economy. His chairmanship opens the door and lays the groundwork for every American family to build and grow in the world's greatest economy.

Last week, I joined community bankers in Miami at Interamerican Bank, a remarkable institution founded by Cuban exiles that is celebrating its 50th anniversary this year. Grateful to the Velasco family and their team for hosting. Your family’s story is inspiring, and a genuine example of the American Dream.  Thank you, @RepCarlos , for helping organize the roundtable and for your continued leadership on behalf of South Florida’s communities.

Last week, I was proud to welcome @USComptroller to Wyoming to see our state’s thoughtful digital assets framework firsthand. Wyoming built this foundation nearly a decade ago, and it’s a model for what we’re building at the federal level today.

Last week I joined @SenLummis, @GovernorGordon, @UWyonews and leaders from public & private sectors to discuss the state’s forward-thinking approach to digital asset regulation and bank supervision. We can learn a great deal from Wyoming’s pro-growth environment and the opportunities it creates for businesses and consumers alike. Thank you for the warm Wyoming welcome and insightful discussions!

The United States should not be ceding digital asset innovation to other countries due to regulatory uncertainty. As @SecScottBessent notes, clarity is what keeps markets and the companies, capital, and technologies behind them here at home. A clear framework is how we ensure American dominance in financial innovation and uphold @POTUS vision of U.S. leadership in the global economy.

.@USTreasury @SecScottBessent NAILS IT! Let’s make this happen, @LeaderJohnThune, @SenJohnBarrasso, @SenatorTimScott & @BankingGOP! 💪 “[C]ongress must pass the Clarity Act. Senate floor time is scarce & now is the time to act.” @POTUS @realDonaldTrump wsj.com/opinion/digita…

Financial literacy is most effective when tied to access and participation. Thank you to @SecScottBessent for your continued leadership in this area. Community banks play a major role, and at the OCC, we are working to ensure the framework supports that mission alongside the FDIC’s education initiatives and Treasury’s Financial Literacy and Education Commission.

Thank you @SecScottBessent for convening the recent FSOC meeting. We unanimously approved publishing proposed guidance that would bring more discipline to the nonbank designation framework, return to an activities-based approach, work more closely with primary regulators, and make clear that cost-benefit analysis matters. Addressing risks at their source and using designation authority carefully and deliberately will help support a stronger banking system, a healthier economy, and durable financial stability.

"What we don't want to have happen... [is a situation] where only the very largest banks engage in those activities or take advantage of [new technology]... I'd prefer not to create any incentives that promote or create a two-tier system." @USComptroller @USOCC

Congratulations to @federalreserve, @USOCC, and @FDICgov, on today’s Basel Capital Proposal. Today’s outdated capital requirements are needlessly complex and misaligned with their actual objective. Rather than solving for safety and soundness, they are pushing lending out of the regulated banking system while simultaneously impeding economic growth. The last Administration aimed to hijack the Basel modernization effort to reverse-engineer ever-higher capital requirements without rhyme or reason. Under President Trump’s leadership, we have taken a principled and calibrated approach that simplifies capital requirements and fosters a level playing field for banks of all sizes. If finalized, this proposal would advance those goals, fostering economic growth through our regulatory regime. Today is an important step in the regulatory reset our Administration is working towards, marking meaningful progress toward a financial system that builds Parallel Prosperity for Main Street and Wall Street.

The OCC is reinvigorating new bank formation by returning to form and established procedure. For the first time in nearly four years, a full-service national bank opened for business in America, and the OCC is committed to diligent and timely action on current and future applications.

.@USOCC's @USComptroller addressed the steep decline in new bank formation at the #DCBlockchainSummit and how the agency is working to turn it around.

It was a pleasure to join Andrew Olmem for a fireside chat at @IIBnews' Annual Washington Conference. Foreign banking organizations continue to see the opportunity and strength of the American economy and provide a meaningful source of credit for U.S. borrowers to invest back into communities nationwide.

Federal preemption is a powerful enabler of local and national prosperity and growth.

Tailored regulation focused on a bank’s business model strengthens our banking system.

Our community banks serve the people and sectors that keep local economies and Main Street businesses thriving.   Today's final rules advance our work to deliver fit-for-purpose regulation that reduces unnecessary burden, levels the playing field, and better mobilizes capital toward communities across the United States.