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Contact: Robert M. Garsson | March 31, 2003 | (202) 874-5570 |
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WASHINGTON
Julie L. Williams, First Senior Deputy Comptroller and Chief Counsel for the
Office of the Comptroller of the Currency, delivered the attached testimony
on the subject of regulatory burden relief before the Subcommittee on Financial
Institutions and Consumer Credit of the House Committee on Financial Services.
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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 nations 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.
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