May 3, 2017 / 12:56 PM / 3 years ago

U.S. to unveil new interim boss at OCC on Wednesday -Mnuchin

WASHINGTON, May 3 (Reuters) - The government will announce a new interim boss for the Office of the Comptroller of the Currency (OCC), a key banking regulator, later this morning, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.

Mnuchin also told a conference of community bankers that President Donald Trump had signed off on a nominee to fill the role of vice-chair of supervision at the Federal Reserve.

Mnuchin did not say who the nominee was. Reuters had previously reported that Randal Quarles, who worked as under secretary for domestic finance at the Treasury under President George W. Bush, was a leading candidate for the role. (Reporting by Pete Schroeder. Editing by Carmel Crimmins)

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