As he ends an extraordinary five-year term as Comptroller of the Currency today, Eugene A. Ludwig makes no apologies for expanding bank powers or goading the industry into more community-based lending.

In an interview, Mr. Ludwig shrugged off criticism leveled by lawmakers who think he repeatedly exceeded his authority, pointing out that the Supreme Court has upheld in four unanimous rulings his decisions affecting bank sales of annuities, insurance, and other products.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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