Comptroller of the Currency

American  

noun

1. an official of the U.S. Department of the Treasury who regulates the national banks and administers the issuance and redemption of Federal Reserve notes.

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Etymology

Origin of Comptroller of the Currency

First recorded in 1870–75

Example Sentences

During the past year, the Office of the Comptroller of the Currency has granted full approval to one crypto firm, and conditional approval to at least four others, to establish a national trust bank.

From MarketWatch

Comptroller of the Currency Jonathan Gould’s views on digital assets and innovation have ruffled the feathers of some in the banking industry.

From The Wall Street Journal

“I take a broad view of what banks are about,” said Gould, who leads the Office of the Comptroller of the Currency, in an interview with The Wall Street Journal.

From The Wall Street Journal

The company submitted its application to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. last Tuesday, but shares fell across the three-session stretch that followed.

From MarketWatch

In December, the Office of the Comptroller of the Currency signed off on plans from five crypto companies including Circle and Ripple to establish national “trust banks.”

From The Wall Street Journal