U.S. Senate Committee on Banking, Housing and Urban Affairs Chairman Tim Scott issued a statement following President Trump’s selection of Rodney Hood to serve as Acting Comptroller of the Currency, congratulating Hood and setting expectations for the Office of the Comptroller of the Currency’s (OCC) supervisory focus. Scott highlighted Hood’s career emphasis on expanding access to financial services and improving financial inclusion, while underscoring the OCC’s role in chartering and supervising national banks. He said he expects Hood to keep the agency “singularly focused” on its mission of safeguarding the safety and soundness of the U.S. banking system.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2025-02-07
U.S. Senate Committee on Banking, Housing and Urban Affairs chair responds to President Trump's selection of Rodney Hood as Acting Comptroller of the Currency
U.S. Senate Committee on Banking, Housing and Urban Affairs Chairman Tim Scott congratulated Rodney Hood on his selection as Acting Comptroller of the Currency by President Trump. Scott emphasized Hood's focus on expanding financial access and inclusion, and expects the Office of the Comptroller of the Currency to maintain its supervisory role in ensuring the safety and soundness of the U.S. banking system.