Gould stands by OCC decision to end exams for reputation risk
Comptroller nominee also blames SVB failure on poor supervision, not tailoring rule
Jonathan Gould, the nominee for US Comptroller of the Currency who previously served as chief counsel for the agency, said at his March 27 confirmation hearing that he supports the OCC’s decision to drop reputational risk from supervisory examinations.
Some US lawmakers claim regulators have used the idea of reputational risk to pressure banks into denying services to firms operating in cryptocurrency markets. At the hearing, the Republican Senate banking committee chairman Tim Scott reminded
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