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Office of Thrift Supervision: Difference between revisions
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* In 2008, then Treasury Secretary [[Henry Paulson]] proposed merging the OTS with the [[Office of the Comptroller of the Currency]].<ref>{{cite news |last1=Westbrook |first1=Jesse |last2=Vekshin |first2=Alison |date=31 March 2008 |title=Paulson Plan Endorses Fed's Enhanced Market Authority |url=https://www.bloomberg.com/apps/news?pid=20601087&sid=aZ.m2Z1hfGoY&refer=home |url-status=dead |work=Bloomberg |archive-url=https://archive.today/20130121011600/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZ.m2Z1hfGoY&refer=home |archive-date=21 January 2013 |access-date=7 January 2010 }}</ref> | * In 2008, then Treasury Secretary [[Henry Paulson]] proposed merging the OTS with the [[Office of the Comptroller of the Currency]].<ref>{{cite news |last1=Westbrook |first1=Jesse |last2=Vekshin |first2=Alison |date=31 March 2008 |title=Paulson Plan Endorses Fed's Enhanced Market Authority |url=https://www.bloomberg.com/apps/news?pid=20601087&sid=aZ.m2Z1hfGoY&refer=home |url-status=dead |work=Bloomberg |archive-url=https://archive.today/20130121011600/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZ.m2Z1hfGoY&refer=home |archive-date=21 January 2013 |access-date=7 January 2010 }}</ref> | ||
* On 17 June 2009 President [[Barack Obama]] announced that he would ask the [[United States Congress]] to merge OTS into the Office of the Comptroller of the Currency, which regulates federally chartered banks.<ref>{{cite news |title=Obama Sought a Wide Range of Views on Finance Rules |last=Labaton |first=Stephen |newspaper=The New York Times |date=17 June 2009 |url=https://www.nytimes.com/2009/06/17/business/17regulate.html}}</ref> | * On 17 June 2009 President [[Barack Obama]] announced that he would ask the [[United States Congress]] to merge OTS into the Office of the Comptroller of the Currency, which regulates federally chartered banks.<ref>{{cite news |title=Obama Sought a Wide Range of Views on Finance Rules |last=Labaton |first=Stephen |newspaper=The New York Times |date=17 June 2009 |url=https://www.nytimes.com/2009/06/17/business/17regulate.html}}</ref> | ||
* In 2009, both the House and Senate proposals included merging OTS with the Office of the Comptroller of the Currency.<ref>{{cite news |title=20 ways US House, Senate financial reforms differ |url=https://www.reuters.com/article/idUSN2919483620100106 |work= | * In 2009, both the House and Senate proposals included merging OTS with the Office of the Comptroller of the Currency.<ref>{{cite news |title=20 ways US House, Senate financial reforms differ |url=https://www.reuters.com/article/idUSN2919483620100106 |work=Reuters |publisher=[[Thomson Reuters]] |date=6 January 2010 |access-date=7 January 2010}}</ref> | ||
* In 2010, the US Senate passed legislation that would strengthen oversight of large financial institutions, but would continue to allow smaller banks to shop for their own regulator, a loophole sought by the [[Independent Community Bankers of America]] and the [[American Bankers Association]].<ref>{{cite news |title=New financial rules might not prevent next crisis |last2=Jacobs |first2=Stevenson |last1=Wagner |first1=Daniel |agency=[[Associated Press]] |date=23 May 2010 |url=http://www.sify.com/finance/new-financial-rules-might-not-prevent-next-crisis-news-international-kfyaElehaadsi.html|archive-url=https://web.archive.org/web/20190621045012/http://www.sify.com/finance/new-financial-rules-might-not-prevent-next-crisis-news-international-kfyaElehaadsi.html|url-status=dead|archive-date=21 June 2019}}</ref> | * In 2010, the US Senate passed legislation that would strengthen oversight of large financial institutions, but would continue to allow smaller banks to shop for their own regulator, a loophole sought by the [[Independent Community Bankers of America]] and the [[American Bankers Association]].<ref>{{cite news |title=New financial rules might not prevent next crisis |last2=Jacobs |first2=Stevenson |last1=Wagner |first1=Daniel |agency=[[Associated Press]] |date=23 May 2010 |url=http://www.sify.com/finance/new-financial-rules-might-not-prevent-next-crisis-news-international-kfyaElehaadsi.html|archive-url=https://web.archive.org/web/20190621045012/http://www.sify.com/finance/new-financial-rules-might-not-prevent-next-crisis-news-international-kfyaElehaadsi.html|url-status=dead|archive-date=21 June 2019}}</ref> | ||