WASHINGTON - The nation's top thrift examiner is resigned to the idea that his agency isn't long for this world.

"There really appears to be no need for separate regulation of the thrift industry" once its insurance fund and national charter are merged with banks', said John Downey, director of supervision at the Office of Thrift Supervision.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.