OCC LogoNEWS RELEASE

Comptroller of the Currency

Administrator of National Banks

NR 2004-25



FOR IMMEDIATE RELEASE Contact: Kevin Mukri
March 25, 2004(202) 874-5770

First Senior Deputy Comptroller Julie L. Williams Sets the Record Straight

Regarding Nature, Consequences of OCC’s Recent Preemption Regulations

 

New York—Julie L. Williams, Chief Counsel and First Senior Deputy Comptroller, today delivered the attached speech to a Financial Services Forum held by the New York Bankers Association.

           

 

 

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The OCC charters, regulates and examines approximately 2,100 national banks and 52 federal branches of foreign banks in the U.S., accounting for more than 55 percent of the nation’s banking assets. Its mission is to ensure a safe and sound and competitive national banking system that supports the citizens, communities and economy of the United States.