Comptroller of the Currency

noun

1. an official of the U.S. Department of the Treasury who regulates the national banks and administers the issuance and redemption of Federal Reserve notes.

Word History and Origins

Origin of Comptroller of the Currency¹

First recorded in 1870–75

Example Sentences

In February, the Office of the Comptroller of the Currency, one of the regulators of big national banks like Wells Fargo, terminated a consent order that had been in place since September 2016.

From Seattle Times

On Thursday, the bank’s main federal regulator, the Office of the Comptroller of the Currency, fined the JPMorgan $250 million over the omissions.

From New York Times

He also oversaw the Office of the Comptroller of the Currency, one of the banking industry’s primary regulators, during the Trump administration.

From New York Times

Representatives for the F.D.I.C. and the Office of the Comptroller of the Currency, another banking regulator, declined to comment.

From New York Times

Barr, the Federal Deposit Insurance Corporation's Martin Gruenberg and acting Comptroller of the Currency Mike Hsu appeared before the Senate Banking Committee for the first time since proposing the "Basel III Endgame" rules in July.

From Reuters