WASHINGTON — Comptroller of the Currency Thomas Curry told a room full of state commissioners Wednesday that regulators need to "step up their game" rather than get caught up in competition between state and federal agencies.

In an unusually candid speech, Curry told state examiners that he was concerned about their lack of financial resources, arguing it could cause them to become too dependent on shared examinations with the Federal Deposit Insurance Corp. and the Federal Reserve Board. He also stoked renewed fears about competition over charters since examination fees are a main revenue driver for many regulators.

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