OCC Denies Plans to Consolidate Federal Banking Regulators

Feb. 20, 2025, 3:53 PM UTC

A federal banking regulator is denying it has any plans to receive transferred employees from other agencies that have been targeted by workforce cuts in recent weeks.

Email lists at the Office of the Comptroller of the Currency for transferees from the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau raised alarm among employees concerned about agency consolidation, but the OCC said at least some lists were created years earlier.

The OCC had set up email lists for potential transferees from the FDIC and the CFPB, according to Outlook templates obtained by Bloomberg Law from multiple sources at ...

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