Obama holdover at bank agency ousted by Trump

Treasury Secretary Steven Mnuchin named a banking lawyer to run the Office of the Comptroller of the Currency on a temporary basis, removing an Obama administration holdover from one of the U.S.’s top financial regulators. Simpson Thacher & Bartlett partner Keith Noreika was appointed acting comptroller, the Treasury Department said in a statement Wednesday. The decision means Thomas Curry, who has led the OCC since 2012, will have to leave the agency at the end of the week. “Keith Noreika has d...

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