Remove tag comptroller
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Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick Yellen Leary Of Crypto

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Former Ripple advisor and Treasury Department official Michael Barr is anticipated to head the Office of the Comptroller of the Currency (OCC) under President Joe Biden. COVID-19’s Price Tag Leaves Large Hospitals At Financial Risk. Plus, the chief of the CFPB stepped down at Biden’s request.

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Ivalua Launches Gov’t Procurement Tools Amid NYC Debacle

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.” Ivalua is facing criticism over its contract with New York City, a project whose price tag has inflated to $47 million as Ivalua is commissioned to develop an eProcurement system for various government departments of the city. The project began in 2016 with a price tag of $30.5

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals

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The stories come with significantly different price tags: $185 million and $13 billion. The move also means that, as LendingClub had applied for bank charters in the past (with the Office of the Comptroller of the Currency), it decided to buy its way into deposits and checking. Call it a tale of two bank deals.

Banking 97
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The Public Sector Takes The Lead On eProcurement

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Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs.

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Pew Talks Payday Loans

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Over the course of that experience, they paid $520 on average, which is much more than the $55 price tag that gets quoted.”. The Solution Set — If One Is Possible At All . The problem with the situation noted above, according to Bourke, is mostly one that centers on consumer knowledge. And that second question, Bourke said, is the harder one.

Banking 41
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Mr. Sloan Goes To Washington

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The regulatory actions against Wells are likely to continue, as a “person familiar with the matter,” — thus, an unnamed source — told the Journal that the Office of the Comptroller of the Currency (OCC) may force out additional executives or directors of the company.