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News Now

Washington
OCC chief counsel former acting comptroller to retire
WASHINGTON (8/15/12)--Office of the Comptroller of the Currency (OCC) Chief Counsel Julie Williams, who twice served as Acting Comptroller of the Currency during her 19 years at the agency, will step down from her position on Sept. 30, the OCC announced this week.

Williams will retire from public service at the end of this year, the OCC added.

Williams briefly served as acting comptroller in 1998 and between October 2004 and August 2005, and served as chief counsel for four Comptrollers of the Currency.

The OCC in a release noted Williams' work to strengthen bank privacy policies and protections and her advocacy of extending the Federal Trade Commission Act's ban on unfair and deceptive practices to protect bank customers. Williams has also called for improved consumer disclosures and, more recently, has worked on several Dodd-Frank Wall Street Reform Act projects, the OCC release added.

Current Comptroller of the Currency Thomas Curry said Williams' "contributions to the agency and her role in the world of financial services regulation have been extraordinary."

Deputy Chief Counsel Daniel Stipano will serve as acting chief counsel between Oct. 1 and the end of the year. Deputy Chief Counsel Karen Solomon will take on the role of acting chief counsel on Jan. 1, and serve in that capacity until March 31, while the OCC searches for a full-time chief counsel.


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