On June 5,2017, President Donald Trump nominated Otting to become the Comptroller of the Currency, responsible for overseeing federally-chartered banks, savings associations, and federal branches of foreign banks operating in the United States.
On June 5,2017, President Donald Trump nominated Otting to become the Comptroller of the Currency, responsible for overseeing federally-chartered banks. The OCC supervises nearly 1,400 national banks, federal savings associations, and federal branches and agencies of foreign banks operating in the United States.