OCC names Senate Banking lawyer its No. 2

WASHINGTON — A top Senate Banking staffer has been named to the No. 2 position at the Office of the Comptroller of the Currency.

The OCC Wednesday named Jonathan Gould, previously the chief counsel for the Senate Banking Committee, as the senior deputy comptroller and chief counsel at the agency. In his new position, Gould will oversee all the OCC’s legal functions, including regulating banks, and will advise the comptroller and senior agency officials.

Comptroller of the Currency Joseph Otting
Joseph Otting, comptroller of the U.S. currency, speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, Oct. 2, 2018. The hearing focused on implementation of a new law easing Dodd-Frank Act rules on community and midsize banks. Photographer: Andrew Harrer/Bloomberg

“Jonathan’s extensive background in banking law and regulation, together with his impressive relationship-building experience throughout Washington and the banking industry, bring tremendous value to the OCC and its efforts to promote the agency’s important mission, policies, and programs,” Comptroller Joseph Otting said in a press release. “We are pleased to add someone of Jonathan’s caliber to our agency and our executive team.”

Gould moved to the Senate Banking Committee in February 2018, after more than three years as a director at BlackRock, where he was a regulatory adviser to financial firms.

Before that, Gould was a director at Promontory Financial Group, where he held various regulatory adviser roles for nearly seven years. He also served as counsel to the Senate Banking Committee under then-Chairman Sen. Richard Shelby, R-Ala., from September 2005 to February 2008.

Gould is taking over the OCC’s No. 2 position after it had been temporarily filled by senior staff for about a year following Amy Friend’s retirement in November 2017.

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Compliance Financial regulations Policymaking Joseph Otting Senate Banking Committee OCC BlackRock
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