The Office of the Comptroller of the Currency published a statement from Comptroller Jonathan V. Gould at a Financial Stability Oversight Council meeting outlining the OCC’s work to reset the risk tolerance for the federal banking system and to reassess the agency’s post-2008 approach. The review spans the OCC’s chartering, regulatory and supervisory framework, with the stated aim of ensuring the federal banking system remains relevant and fulfills its mission. Gould also indicated the OCC will work with other FSOC members on reforms to the broader financial services system.