The Trump administration appears to be preparing to transfer employees from the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau to the Office of the Comptroller of the Currency as part of a broad reshaping of bank supervision.
The OCC has created email distribution lists for FDICTransferees@occ.treas.gov, CFPBTransferees@occ.treas.gov, and CFPBTeam@occ.treas.gov, according to Outlook templates obtained by Bloomberg Law from multiple sources at different agencies who were granted anonymity to prevent retaliation.
The potential reshuffling comes as President Donald Trump and his team purge the FDIC and CFPB workforces—part of a broader campaign to slash the federal bureaucracy.
The ...
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