Donald Trump Appoints Jonathan Gould to Lead Office of the Comptroller of the Currency
President Donald Trump has appointed Jonathan Gould to lead the Office of the Comptroller of the Currency (OCC), signaling a shift towards crypto-friendly regulations. Key points include:
- Gould previously served as Chief Legal Officer at Bitfury and has experience at the OCC.
- His leadership is expected to mirror former comptroller Brian Brooks, who supported crypto-friendly initiatives.
- Gould's expertise is seen as beneficial as Congress discusses new rules for stablecoins and digital markets.
- Trump has also nominated Paul Atkins for the SEC and Brian Quintenz for the Commodity Futures Trading Commission (CFTC).
- These appointments aim to create clearer policies for banks and crypto businesses in the US.
The government plans significant changes to financial oversight, including a proposed merger of the FDIC and OCC under the Treasury Department. This could simplify banking regulation and reduce bureaucracy.
Acting head of the CFPB, Russell Vought, has shifted focus by directing employees to halt supervision and enforcement actions, while Trump nominated Jonathan McKernan to lead the CFPB.
The developments are closely watched by stakeholders, particularly in the crypto sector, as they may pave the way for a more innovation-friendly regulatory environment in the US.