Podcasts about deputy comptroller

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/Press ReleasesSecretary Bessent Announces Intention to Appoint First Deputy Comptroller of the Office of the Comptroller of the CurrencyFebruary 7, 2025WASHINGTON – Secretary of the Treasury Scott Bessent today announced his intention to appoint Rodney E. Hood as a Deputy Comptroller and to designate him the First Deputy Comptroller of the Office of the Comptroller of the Currency (OCC). In this role, Mr. Hood will also serve as Acting Comptroller of the Currency.“The strong leadership and career experience of Rodney Hood will strengthen the OCC's efforts to ensure the safety and soundness of the banking system while also enhancing economic growth," said Secretary Bessent.“I remain steadfastly committed to serving the American people and the banking system by creating a regulatory structure that fulfills our obligations, fosters innovation, and promotes financial inclusion, including those Americans who have been debanked and underserved,” said Mr. Hood.The OCC is a bureau within the Department of the Treasury, and the Comptroller of the Currency is appointed by the President with the advice and consent of the Senate. By statute (12 U.S.C. § 4), the Treasury Secretary is responsible for appointing up to four Deputy Comptrollers of the Currency and designating one as the First Deputy Comptroller. During a vacancy in the position of Comptroller, the First Deputy Comptroller possesses the powers and performs the duties of the office of Comptroller.Mr. Hood was previously confirmed by the U.S. Senate in 2005 and again in 2019 to serve on the National Credit Union Administration Board. In 2019, President Donald J. Trump designated him as Chairman of the NCUA Board.  Before entering public service, Mr. Hood held senior roles in retail finance, commercial banking, affordable housing, and community development at JPMorgan Chase, GE Capital, Bank of America, Wells Fargo, and North Carolina Mutual Life Insurance Company.A North Carolina native, Mr. Hood holds a bachelor's degree from the University of North Carolina at Chapel Hill.

##HEZBOLLAH:The time for the remedy is now. Gen. (Res.) Amir Avivi is the founder and chairman of IDSF -Israel Defense And Security Forum. During his service, Amir held a series of senior roles in the IDF, including Deputy Comptroller of the Security Forces, Director of the Office of the Chief of Staff, Deputy Commander of the Gaza Division, Commander of the Sagi Division, Commander of Battalion 605 and Commander of the School of Combat Engineering. https://www.nytimes.com/2024/07/11/world/middleeast/escalation-between-israel-and-hezbollah-puts-pressure-on-gaza-cease-fire-talks.html 1881 BEIRUT

 Economic crimes such as money laundering and corporate fraud affect the country's socio-economic fabric and economic security. India has diverse legislative measures and state agencies in place to tackle such crimes. In this episode of Police Chowki, Shrikrishna Upadhyay quizzes two experts who have worked in the field, Dr. Pravin Tiwari (full-time member of the National Financial Reporting Authority and former Deputy Comptroller and Auditor General of India) and Mr. Javeed Ahmad (former IPS officer and DGP of Uttar Pradesh) on various aspects of economic crimes and the challenges in combating them. Do check out Takshashila's public policy courses: https://school.takshashila.org.in/courses We are @‌IVMPodcasts on Facebook, Twitter, & Instagram. https://twitter.com/IVMPodcasts https://www.instagram.com/ivmpodcasts/?hl=en https://www.facebook.com/ivmpodcasts/ You can check out our website at https://shows.ivmpodcasts.com/featured Follow the show across platforms: Spotify, Google Podcasts, Apple Podcasts, JioSaavn, Gaana, Amazon Music Do share the word with your folks!See omnystudio.com/listener for privacy information.

Over the past year, the national bank regulators' oversight of Silicon Valley Bank, Signature Bank, Silvergate Capital and other banks that failed has been criticized. Reports of a toxic workplace at the FDIC have come to light. And the OCC hired a Deputy Comptroller and overseer of fintech who had easily discoverable falsehoods on his resume. Michele Alt, cofounder and managing director at Klaros Group, explains what this might mean for banks in the coming year.

**This interview was recorded several months ago, prior to the recent barbaric attack by Hamas on Israel.  Although current specifics of the war are not discussed, the problems Israel faces and the solutions General Amir Avivi offers are as relevant and important today as ever.**Brig. Gen. (Res.) Amir Avivi is the founder and chairman of IDSF.During his service, Amir held a series of senior roles in the IDF, including Deputy Comptroller of the Security Forces, Director of the Office of the Chief of Staff, Deputy Commander of the Gaza Division, Commander of the Sagi Division, Commander of Batallion 605 and Commander of the School of Combat EngineeringAmir's organization, IDSF, is a group of 16,000 reserve officers and operatives from all branches of the Israeli security forces dedicated to guiding the narrative of Israel's national security needs and ensuring that Israel's security in the homeland of the Jewish people is never taken for granted.At the core of IDSF lies the belief that Israel's security must be anchored in its ability to protect itself, by itself, while actively thwarting threats to its safety. The authoritative voices of well-known military veterans, media personalities and national security experts, are key in disseminating our security strategy for the State of Israel.The movement welcomes all those who identify with the message and founding principles, without prejudice to religion, race, gender or rank.

An audit by the NYS Comptroller found that many air-polluting facilities across New York are not properly monitored for their compliance with regulations. A particular concern was the negative impact on environmental justice communities. TIna Kim, Deputy Comptroller of State Government Accountability, talks with Mark Dunlea for Hudson Mohawk Magazine.

If you're not familiar with the Office of the Comptroller of the Currency, you will be after this episode of Biz-eWerk. Scotty Duncan, Assistant Deputy Comptroller, tells us more about his role and especially how the OCC works with United States banking institutions. --- Send in a voice message: https://podcasters.spotify.com/pod/show/biz-ewerk/message

Maura Hayes-Chaffe is the Deputy Comptroller for Audit in New York City.This episode has snippets from the full episode recorded for The Performance Audit Report.

Derren Burrell is the Founder & President of VVC, and also serves as Managing Partner. Before this role he served as the Chief Operating Officer for TAG Resources, LLC, a fiduciary outsourcing company with over $2 billion in assets under management. He is an Accredited Investment Fiduciary, Certified Defense Financial Manager, and Level 3 Certified in the Secretary of Defense Financial Management Program. Prior to his retirement from the Air Force, Derren was the Resource Director of the White House Communication Agency. He worked directly with senior White House staff, Congressional, comptroller, United States Secret Service, Department of State, and Defense Information Systems Agency staff in all aspects of financial and contract management in support of the President, managing nearly $350 million. While in this position he was selected for the rank of Colonel but decided to retire and move to Knoxville and into the private sector. Highlights of his 21-year military career include being deployed to Iraq as the Deputy Comptroller, United States Forces and in Afghanistan as the Resource Director, NATO Air Training Command. In this joint capacity he managed over $20 billion in U.S. appropriated funding in support of U.S. operations within the Iraq and Afghanistan Joint Operations Areas. He also served at the Pentagon as the flying operations analyst for the Air Force, where he was responsible for the largest Operations & Maintenance budget account in the Air Force, over $15 billion. He has been a squadron commander for both finance and wing staff agencies, and was a deployed Comptroller on the front line in Operations SEA SIGNAL, SOUTHERN WATCH, ALLIED FORCE, NEW DAWN, and ENDURING FREEDOM. Derren graduated from The Citadel with a BS in Business Administration, holds a MS in Cost Analysis from the Air Force Institute of Technology, and a 2nd MS in Human Resources from Central Michigan University. Connect w/ Derren: Web: www.veteranventures.us/ LI: www.linkedin.com/in/derrenburrell Connect w/ Jovica Djurdjevic: Web: www.workwithjov.com Email: info@workwithjov.com LI: http://linkedin.com/in/jdjurdjevic

On this episode we talk to Tina Kim, Deputy Comptroller, Division of State Government Accountability, New York State Comptroller, about their Smart Audit initiative! It seeks to integrate advanced analytics with high performing teams.

This week, it's an honor to welcome QBE's Chief Risk Officer John Langione to The FourBlock Podcast. In conversation with co-host and FourBlock Founder Mike Abrams, John shares insights from his incredible career, beginning with his work in the public sector at the New Jersey Office of the Attorney General's Division of Criminal Justice through his transition to the private sector and the insurance industry, to his role today as the Chief Risk Officer for QBE's North American and Bermuda Operations. In this episode, John and Mike discuss some of the cultural changes that John had to navigate when making the switch from the public to the private sector and some of the similarities between that career transition and the military to civilian transition. They then dive into the insurance business, with John providing perspective on the industry, what people need to do to be successful in it, and some good places to start for veterans looking to break into the insurance industry. John also shares his advice for operating within a larger company and starting something new within it. To close out the episode, Mike asks John to talk about his role as executive sponsor for QBE's Valor Business Resource Group, which supports various veteran-related causes and helps to provide an organized means for employees to participate in a broad array of veteran's related supporting activities and events. John joined QBE in 2010 and was named Chief Risk Officer in 2012. In his role at QBE, John is responsible for overseeing that an effective risk management framework is in place to support all dimensions of QBE's operations including strategic and business planning processes. He is also one of the executive sponsors for QBE's Valor Business Resource Group, whose mission is to foster a respectful and inclusive environment that welcomes QBE's veteran and military-affiliated employees and provide opportunities for their support and networking. Previously, John served as Senior Vice President, Internal Audit. John has nearly 30 years of experience in insurance, finance and risk roles. Prior to joining QBE, John was the Deputy Comptroller, Financial Controls with AIG International and the Senior Vice President, Financial Controls at ACE Insurance. He has served as a partner in Ernst & Young's Advisory Services Group providing risk, controls and internal audit support for various financial services organizations. He also held positions with State Farm Insurance, Prudential Insurance and the New Jersey Office of the Attorney General, Division of Criminal Justice, where he led criminal investigations within the organized crime and racketeering bureau as well as the major frauds unit. John received his MBA in Professional Accounting from Rutgers Graduate School of Business.   ABOUT US Welcome to the FourBlock Podcast, a show that examines veteran career transition and the military-civilian divide in the workplace. General Charles Krulak coined the term "Three Block War" to describe the nature of 21st-century military service defined by peace-keeping, humanitarian aid, and full combat. But what happens next? Veterans are often unprepared to return home and begin new careers. We call this the Fourth Block.  FourBlock is a national non-profit that has supported thousands of transitioning service members across the nation in beginning new and meaningful careers.  Mike Abrams (@fourblock) is an Afghanistan veteran, founder of FourBlock, and author of two military transition books. He represents the military transition perspective. Lindsey Pollak (@lindsaypollak) is a career and workplace expert and New York Times bestselling author of three career advice books. Lindsey represents the civilian perspective of this issue.  Veterans, explore new industries and make the right connections. Find a career that fits your calling. Join us at fourblock.org/ Sponsor our program or host a class to equip more of our veterans at fourblock.org/donate. Follow FourBlock on Social Media  LinkedIn Facebook Instagram Twitter Podcast episodes are produced and edited by the Columbia University Center for Veteran Transition and Integration.  

Global indices provider settles SEC charges for disclosure failures. MSRB seeks comment on amendments to dealer notification requirements. SEC to raise qualified client threshold for performance-based fees. Firm settles FINRA charges for OBA violations. GAO recommends CFPB assess impact from fair lending reorganization. OCC names new Deputy Comptroller and Chief Counsel. Comment deadline extended for banking agencies' request for information on AI.

Derren Burrell, Lieutenant Colonel (Retired) has over 25 years as a professional financial manager in both public and private sectors. He is the Founder & President of Veteran Ventures Capital, LLC, an investment and consulting firm focused on scaling veteran-owned and led businesses. In this capacity, he oversees all aspects of the company operations and fund management of the $100M Veteran Fund I. Prior to this he served as the Chief Operating Officer for TAG Resources, LLC, a retirement service company with over $2 billion in assets under management (AUM), where he was responsible for tripling the AUM and doubling the company. He is an Accredited Investment Fiduciary, Certified Defense Financial Manager, and Level 3 Certified in the Secretary of Defense Financial Management Program.Prior to his transition to the private sector in 2015, Lieutenant Colonel (Ret) Burrell was the Resource Director of the White House Communication Agency. He worked directly with senior White House (WH) staff, Congressional, comptroller, United States Secret Service, Dept of State, and Defense Information Systems Agency staff in all aspects of financial and contract management in support of POTUS. While in this position he was selected for the rank of Colonel but decided to retire from his 21-year military history and transition to the private sector.Highlights of his military career include being deployed to Iraq as the Deputy Comptroller, United States Forces – Iraq, and in Afghanistan as the Resource Director, NATO Air Training Command – Afghanistan. In this joint capacity, he led the 34- person J8 directorate (Iraq) and the 4-person J8 office (Afghanistan) in planning, resourcing, and executing $20 billion + in the U.S. appropriated funding in support of U.S. operations within Iraq and Afghanistan Joint Operations Areas. He was also stationed at the Pentagon as the flying operations analyst for the Air Force, where he was responsible for the largest Operations & Maintenance budget account in the Air Force, over $15 billion. He has been a squadron commander for both finance and wing staff agencies and was a deployed Comptroller on the front line in Operations SEA SIGNAL, SOUTHERN WATCH, ALLIED FORCE, NEW DAWN, and ENDURING FREEDOM.He is a graduate of the Citadel and past recipient of several awards including the Defense Meritorious Service Medal, Air Force Commendation Medals, Joint Service Achievement Medal, Air Force Budget Officer of the Year twice, Air Force Financial Management Officer of the Year, Comptroller of the Year, and USAFE James E. Short Award for Outstanding Contribution to Mentorship and Career Development.Derren is married to the former Gloria Frey and they have 5 children: Lydia, Luke, David, Rebekah, and Nathanael.Target Industries - Defense / Aerospace / Governmental (National Security, etc) sectorsConnect On LinkedIn - https://www.linkedin.com/in/derrenburrell/Link To Website - https://www.veteranventures.us/

In this special episode, Deputy Comptroller Sharonne Bonardi chats with her predecessor and mentor Linda Tanton about being the first female Deputy Comptroller, the challenges she faced in breaking that barrier and the changed roles of women in leadership over the years.

Nina Mohanty is a "visionary". Specifically speaking, she is one at the upcoming "Women's Economic Empowerment TechSprint & Conference", which she now showcases in our podcast, providing awareness to our audience on this great initiative brought by the Alliance for Innovative Regulation (AIR) in partnership with the UK's Financial Conduct Authority (FCA). We invited Francesca Hopwood Road and Jo-Ann Barefoot to tells us the goals, operations, and available resources created by this initiative to our audience. More on the initiative here: https://regulationinnovation.org/womens_empowerment_sprint/ More on our guests:Jo-Ann BarefootJo-Ann is the CEO & Founder of AIR - the Alliance for Innovative Regulation and host of the global podcast show Barefoot Innovation. A noted advocate of “regulation innovation,” Jo Ann is Senior Fellow Emerita at the Harvard Kennedy School Center for Business & Government. She has been Deputy Comptroller of the Currency, partner at KPMG, Co-Chairman of Treliant Risk Advisors, and staff member at the U.S. Senate Banking Committee. She's an angel investor, serves on the board of Oportun, serves on the fintech advisory committee for FINRA, is a member of the Milken Institute U.S. FinTech Advisory Committee, and is a member of the California Blockchain Working Group Advisory Board. Jo-Ann chairs the board of directors of FinRegLab, previously chaired the board of the Financial Health Network, and previously served on the CFPB's Consumer Advisory Board. She was a co-founder of Hummingbird Regtech.Linkedln: https://www.linkedin.com/in/jbarefoot/ Francesca Hopwood RoadFrancesca leads the FCA's RegTech and Advanced Analytics function responsible fordeveloping and embedding data science, machine learning, and artificial intelligence tools and capability across the organization. She also runs the FCA's RegTech activities, including the FCA's TechSprint events, the first of their kind convened by a financial regulator. Since joining the regulator in 2010 she has led a number of strategic transformation programmes. Prior to joining she worked in the third sector and private sector using data and intelligence to identify and mitigate harm for consumers.Linkedln: https://www.linkedin.com/in/francesca-hopwood-road-ab040b15/

Mar. 19, 2021 - When you do your taxes this year, you may notice an option to donate money to an organization or cause. However, new findings from the state Comptroller's office show that this money has been slow to roll out in some cases. Maria Doulis, Deputy Comptroller for Budget and Policy Analysis, explained the situation.

In this new episode of Breaking Banks, JP Nicols is joined by friend and regular contributor Jo Ann Barefoot, Chair of the Alliance for Innovative Regulation, CEO of Barefoot Innovation Group, host of the Barefoot Innovation podcast, and former Deputy Comptroller of the Currency to discuss a new era ushering in Joe Biden’s White House. What does this mean for fintech and banking?  Then stay tuned as Jason Henrichs hosts Jacob Haar, managing partner of Community Investment Management, an impact investment firm that provides debt capital to fintech companies to support underserved small businesses. Jason and Jacob explore the role of impact investors, responsible fintech, and public policy in financial inclusion during the time of COVID-19.

Feb. 5, 2021 - What happens when a locality in New York is under fiscal stress? Elliott Auerbach, Deputy Comptroller for the Division of Local Government and School Accountability, gave us a primer on the process.

Born in Mandeville Jamaica March 1985. Moved to Bronx NY at the age of 6. Went to PS 103 elementary school on carpenter Ave in the Bronx. Moved to Mount Vernon, NY in the sixth grade. Went to Mount Vernon public schools for middle and High School. Went to Lehman College graduated cum laude with a degree in economics. Later attained a J.D from Albany Law School. After Law School started teaching criminal justice at Rockland BOCES. Took a civil service exam for senior accountant in the Mount Vernon Comptrollers office. Scored in the top 3 and instead of being offered the senior accounting job was appointed to the position of 1st Deputy Comptroller by the City Comptroller at the time, Maureen Walker. 1st Deputy Comptroller comes with a great deal of responsibility being 2nd in charge of the entire City’s finances. Worked in that capacity from 2014 to 2018. In 2018 the former Comptroller lost her elected seat to the current Comptroller Deborah Reynolds. In this change in administration, Reynolds let me go and brought in her own team. Started working as the fiscal analyst for the Westchester board of legislators. After two years working for the board of legislator I was offered a job as a senior budget analyst for Westchester county’s budget department this is the position I currently hold. Closing Word by Inky Johnson: “Control the Controllables” --- Send in a voice message: https://anchor.fm/whataword/message Support this podcast: https://anchor.fm/whataword/support

Lisa Craven visits Lobby Land. Lisa has been around the capitol for a while, and while she is not a lobbyist she has trained staff that turned into successful lobbyist. Lisa is currently Deputy Comptroller and Chief of Staff to Texas Comptroller Glenn Hegar. 

In this episode, Miguel Armaza sits down with Jo Ann Barefoot, CEO & Founder of the Alliance for Innovative Regulation and host of the podcast Barefoot Innovation. Jo Ann is a famous advocate of “regulation innovation,” and is one of the most active and visible fintech leaders working to improve and modernize financial regulation around the world. She is also a Senior Fellow at the Harvard Kennedy School Center for Business & Government and in the past was Deputy Comptroller of the Currency of the United States and a staff member at the U.S. Senate Banking Committee. Jo Ann Barefoot Jo Ann Barefoot is CEO & Founder of AIR - the Alliance for Innovative Regulation and host of the global podcast show Barefoot Innovation. A noted advocate of “regulation innovation,” Jo Ann is Senior Fellow Emerita at the Harvard Kennedy School Center for Business & Government. She has been Deputy Comptroller of the Currency, partner at KPMG, Co-Chairman of Treliant Risk Advisors, and staff member at the U.S. Senate Banking Committee. She’s an angel investor, serves on the board of Oportun, serves on the fintech advisory committee for FINRA, is a member of the Milken Institute U.S. FinTech Advisory Committee, and is a member of the California Blockchain Working Group Advisory Board. Jo Ann chairs the board of directors of FinRegLab, previously chaired the board of the Financial Health Network, and previously served on the CFPB’s Consumer Advisory Board. She was a Cofounder of Hummingbird Regtech. About Alliance for Innovative Regulation AIR is a nonprofit dedicated to modernizing the financial regulatory system. We believe that the regulatory framework needs to migrate from a largely manual to a Digitally-Native Design. This will ensure financial stability, protect consumers from harm, promote financial inclusion, curtail financial crime, and enable continuous innovation. AIR works at the intersection of technology, innovation, and regulation to help regulators better understand emerging technologies that can help improve financial health. Examples like cash-flow underwriting can expand safe and affordable credit to people with no credit history, increasing credit access and a creating a more fair financial system. AIR’s Regtech Manifesto Financial regulation needs to convert from analog to digital design. This seminal thought piece calls for gradual, but urgent, conversion of the financial regulatory system to a “digitally-native” framework. The Manifesto is a Request for Comments (RFC). It calls for discussion about a system that will be rebuilt over time to leverage the power of digitization and make regulatory outcomes better, faster, and cheaper, all at once. Join the conversation.

On this episode of the cavnessHR podcast we talk to Derren Burrell – President and Founder of Veteran Ventures Capital https://www.cavnessHR.com jasoncavness@cavnessHR.com @cavnessHR  across social media @jasoncavnessHR across social media Sign up to join the cavnessHR waitlist at https://cavnesshr.co/nrw Derren Burrell, Lieutenant Colonel (Retired) is the is the Founder & President of Veteran Ventures Capital, LLC, an investment and consulting firm focused on scaling veteran-owned and led businesses. In this capacity he oversees all aspects of the company operations and fund management. Prior to this he served as the Chief Operating Officer for TAG Resources, LLC, a retirement service company with over $1.5 billion in assets under management.  He is an Accredited Investment Fiduciary, Certified Defense Financial Manager, and Level 3 Certified in the Secretary of Defense Financial Management Program.  Prior to his transition to the private sector in 2015, Lieutenant Colonel (Ret) Burrell was the Resource Director of the White House Communication Agency. He worked directly with senior White House (WH) staff, Congressional, comptroller, United States Secret Service, Dept of State, and Defense Information Systems Agency staff in all aspects of financial and contract management in support of POTUS. While in this position he was selected for the rank of Colonel but decided to retire from his 21-year military history and transition to the private sector.  Highlights of his military career include being deployed to Iraq as the Deputy Comptroller, United States Forces – Iraq and in Afghanistan as the Resource Director, NATO Air Training Command – Afghanistan. In this joint capacity he led the 34- person J8 directorate (Iraq) and the 4-person J8 office (Afghanistan) in planning, resourcing, and executing $20 billion + in U.S. appropriated funding in support of U.S. operations within the Iraq and Afghanistan Joint Operations Areas.  He was also stationed at the Pentagon as the flying operations analyst for the Air Force, where he was responsible for the largest Operations & Maintenance budget account in the Air Force, over $15 billion. He has been a squadron commander for both finance and wing staff agencies, and was a deployed Comptroller on the front line in Operations SEA SIGNAL, SOUTHERN WATCH, ALLIED FORCE, NEW DAWN, and ENDURING FREEDOM.  He is a graduate of the Citadel and past recipient of several awards including the Defense Meritorious Service Medal, Air Force Commendation Medals, Joint Service Achievement Medal, Air Force Budget Officer of the Year twice, Air Force Financial Management Officer of the Year, Comptroller of the Year, and USAFE James E. Short Award for Outstanding Contribution to Mentorship and Career Development.  Derren is married to the former Gloria Frey and they have 5 children: Lydia, Luke, David, Rebekah, and Nathanael.  We talk about the following: His company, Veteran Ventures Capital Why it is important to invest in Military Veteran led companies How to do your pitch deck What makes him say yes or no to an opportunity to invest Derren's Social Media  Company website: https://www.veteranventures.us/ Company LinkedIn: https://www.linkedin.com/company/veteran-ventures-capital-llc/ Company Twitter: https://twitter.com/VenturesVeteran Company Instagram: https://www.instagram.com/veteran_ventures/ Company FB: https://www.facebook.com/veteranventurescapital/ See acast.com/privacy for privacy and opt-out information.

On this week's episode, we talk about the state of Metro's finances with deputy comptroller Jason Mumpower and The Tennessean's Metro reporter Yihyun Jeong. They discuss the ins-and-out of this ongoing issue that must be addressed before the early part of 2020 or face the comptroller's office taking over. They also delve into calls for making changes to Nashville's financially distressed water department, which officials say will require a multi-year rate hike.  We also break down a recent opinion from Tennessee Attorney General Herbert Slatery regarding an opinion related to Rep. David Byrd, who is facing allegations of sexual assault from three women dating back to the 1980s. 

On this week's episode, we talk about the state of Metro's finances with deputy comptroller Jason Mumpower and The Tennessean's Metro reporter Yihyun Jeong. They discuss the ins-and-out of this ongoing issue that must be addressed before the early part of 2020 or face the comptroller's office taking over. They also delve into calls for making changes to Nashville's financially distressed water department, which officials say will require a multi-year rate hike.  We also break down a recent opinion from Tennessee Attorney General Herbert Slatery regarding an opinion related to Rep. David Byrd, who is facing allegations of sexual assault from three women dating back to the 1980s. 

Nina was born and raised in Lawrence, Kansas, and can often be seen wearing KU gear.  She graduated Cum Laude from The University of Tampa with a Bachelor of Science in Finance in 2000.  She was also designated as a Distinguished Military Graduate (DMG) while being commissioned into the United States Army as a Second Lieutenant in the Finance Corps.  She served in the U.S. Army as a Finance Officer from 2001 to 2008, serving in multiples capacities such as Detachment Executive Officer and Disbursing Officer for the 126th Finance Battalion in South Korea, Army Element Commander and Chief of Operations Division at the Defense Finance and Accounting Service (DFAS) in Orlando, Deputy Comptroller for 5th Special Forces Group and Comptroller for the Iraqi Special Operations Forces while deployed in Iraq, and Financial Management Company Commander at Joint Special Operations Command (JSOC) at Fort Bragg. After ending her term of service as a Captain, she was sought after to become a site lead and project manager for a Defense Contractor, where she opened a site in Alaska, set up operations and procedures, and hired and trained the staff to complete the mission.  Additionally, she was responsible for the establishment, implementation and data migration of a central platform (Salesforce.com) for use by multiple offices. Nina is passionate and driven to learn and help others heal. Physical pain was a significant part of her life since 2006 and following her time in Alaska, her journey to heal herself and help others do the same led her to become a Certified Rolfer, Licensed Massage Therapist, Certified Personal Trainer, Certified Corporate Wellness Specialist, Certified Yoga Teacher, and Integrative Nutrition Health Coach.  She also opened a healthy food truck, Thrive Street Eats, in attempt to provide the healing foods that she recommended and couldn’t find nearby.  She recognized that her passion to heal others was a stronger personal passion, and therefore, she decided to pursue another passion of Real Estate as a career.  Nina's thoughts, talents and experience of successes and failures have all led her to where she is at this moment in her career. She is a proud Veteran and out to helps others whenever she can. 

“Sandboxes.” “Greenhouses.” “Pilot tests.” “Labs.” These are not words we normally associate with financial regulation. Yet suddenly, all over the world, regulatory agencies are giving these novel names to a new,  unconventional kind of initiative. The break from tradition is being driven by a realization:  they are going to need to find new ways to do their jobs well, in the face of fast-moving technology change and fintech innovation. My guest today oversees one of these fascinating programs -- Abu Dhabi’s Reglab. He is Wai-Lum Kwok, Executive Director for Capital Markets at the country’s Financial Services Regulatory Authority. The world’s most famous regulatory sandbox is run by the UK’s Financial Conduct Authority (which was inspired, in turn, by the CFPB’s Project Catalyst in the United States). We will have a podcast this fall with the FCA, which has just put out a new progress report. Speaking as a former regulator myself -- I was once Deputy Comptroller of the Currency -- I view the FCA’s effort as a remarkable case of regulatory leadership. (Here’s an article I wrote about it for Fintech Law Report.) When the FCA’s initiative was launched it quickly caught the attention of other regulators around the world. As of today, approximately twenty countries have some form of innovation hub or sandbox underway or on the drawing board, including notably Australia, Singapore, and Hong Kong. The Aspen Institute will soon issue a report with a global overview, which we’ll link to in this episode’s show notes when it’s published. These sandboxes have a wide variety of designs and specific objectives. As Wai-Lum explains in this episode, the Abu Dhabi initiative accepts a wide range of companies and gives them two years to demonstrate that their innovations will be beneficial and safe. The Abu Dhabi approach, like the UK’s and others, links to a wider national strategy to attract capital and companies wanting to do business in a regulatory climate that welcomes responsible innovation. Some of these countries are cultivating regional and even global leadership positions in fintech. Note that we recorded today’s episode late last year. In May of 2017, the Abu Dhabi Reglab announced its first cohort of companies. We had this conversation in the bustling exhibit hall at the Fintech Festival sponsored last fall by the Monetary Authority of Singapore (think about that for a moment -- a central bank ran a 14,000-person fintech meetup, and this year’s will be even bigger).  Our discussion was short, but the topic is one of the most important ones we’ve ever discussed on Barefoot Innovation. I’ve been thinking hard about how regulators are going to keep up with technology innovation in finance, and the answers are not going to be easy. Our regulatory frameworks are designed to be deliberate -- and therefore slow-moving. And to be conservative, and to focus on preventing risk, not fostering change. Some countries have mandates to foster competition, but most, including the United States, don’t. I’ve been researching this challenge in the book and paper I’ve been writing for the past two years as a Senior Fellow at the Harvard Kennedy School Center for Business and Government. Over that period I’ve talked with regulators, innovators, and incumbent companies throughout the United States and all over the world. I’ve come to an opinion that might be controversial, but here it is. I think regulators will not be able to do a good job of overseeing emerging technology change, unless they create mechanisms for doing empirical testing. I think sandboxes, in some form, are not just helpful, I think they’re necessary. Of course, it’s far too early to tell how well they will work and which models are best. The regulators running them emphasize that they are figuring this out as they go along. No one thinks sandboxes are panaceas. Nevertheless, the very process of undertaking these experiments is moving a community of regulators forward in deeply understanding fintech innovation -- both its promise and, importantly, its perils. Despite the sandbox movement sweeping the world, the term sandbox, itself, has fallen out of favor among many in the United States. For one thing, sandboxes sound, well, unserious. For another, there has been talk of using sandboxes to waive or suspend consumer protection rules while companies experiment on real, live human customers. In practice, such suspensions aren’t happening anywhere to my knowledge, but the issue is obviously politically sensitive. (Also, Innovate Finance in London is working on a “virtual sandbox” that could work by modeling innovations using pooled data, so that real consumers would not be affected). So, fine. Let’s not suspend consumer protections (even though a lot of these laws don’t actually protect people very well). And let’s call these initiatives greenhouses, or pilots, or, as Abu Dhabi does, laboratories. In our conversation, I told Wai-Lum that I too came up with the name “RegLab” for a project I’m working on, exploring the idea of creating a non-profit that could function as an interagency regulatory sandbox in the United States. The U.S. is unique in the world in our dizzingly complex, fractured regulatory structure (five federal financial supervisory agencies, plus dozens of other federal agencies, plus 50 states). We’re going to have to figure out two things -- how to coordinate a coherent fintech regulatory strategy and how to keep up with exponentially growing technology change. If we don’t, we’ll lose our global competitive edge. There is much more to say on all this -- again, I think it’s one of the most important issues facing the regulatory community -- and we’ll have more shows on it coming up. For now, please listen to my fascinating conversation with Wai-Lum Kwok about the Abu Dhabi RegLab. More about Wai-Lum Kwok Wai Lum joined the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) in June 2015.  He heads up the Capital Markets division responsible for admission and supervision of financial market infrastructures and capital market intermediaries.  The division also regulates the offering of securities, collective investments schemes. Wai Lum also spearheads FSRA’s strategy and efforts to support the supervision of innovation in Financial Technology (FinTech) and development of the FinTech ecosystem in ADGM. Wai Lum has more than 10 years of supervisory experience.  Prior to ADGM, Wai Lum served as the Director of the Capital Markets Intermediaries Division of the Monetary Authority of Singapore.  Wai Lum graduated from Imperial College, London with an M.Eng in Electrical Engineering and holds an M.Sc in Applied Finance from the National University of Singapore.  He is a CFA charterholder. More links  The Abu Dhabi Reglab -- www.ADGM.com, or email fintech@ADGM.com  ADGM’s Reglab consultation paper  My podcast on sandboxes with BMO’s Nitish Pandey June 2017 Treasury Department  summary of proposed financial reforms including enhanced interagency coordination Bill proposed by Congressman Patrick McHenry (in last Congress) to require financial regulators to coordinate on fostering innovation More for our listeners Please remember to review Barefoot Innovation on ITunes, and sign up to get email notifications for new podcasts, the newsletter, and blog posts at jsbarefoot.com.   Also go to jsbarefoot.com to send in your “buck a show” to keep Barefoot Innovation going, and join my facebook fan page. I hope you’ll also follow me on twitter. Support our Podcast Meanwhile, watch for a summer of amazing shows, including CFTC Acting Chairman Christopher Giancarlo; John Ryan of the Conference of State Bank Supervisors; and breakfast in London with the one-and-only Brett King. And watch for our special show that I recorded at the ABA’s Regulatory Compliance Conference in Orlando, including a talk with Andy Sandler and one with Gene Ludwig and Allistair Renee of Watson Financial. Here’s my perhaps counter-intuitive takeaway from the ABA conference:  #ComplianceIsCool! Subscribe Sign up with your email address to receive news and updates. Email Address Sign Up We respect your privacy. Thank you!

Welcome to the Tearsheet Podcast. I'm Zack Miller. If you want to drill deeper into the topics we discuss weekly here on the show, check out our latest event, Tearsheet Money. We'll be convening June 5th in New York City to hear about the state of the art in fintech and read some of the industry tea leaves with talks from senior executives at firms like JP Morgan, BlackRock, Silicon Valley Bank, Umpqua Bank, and Citizens. I'm excited — I hope you'll join us. Go to http://www.tearsheet.co/events to learn more. I think you can still qualify for early pricing. This week's guest on the podcast is Jo Ann Barefoot. She's the CEO of Barefoot Innovation Group, where she writes, speaks, and advises on technology and regulation, in the U.S. and globally. Jo Ann is a Senior Fellow at Harvard University's John F. Kennedy School of Government's Center for Business & Government. Previously, she was the first woman Deputy Comptroller of the Currency. Jo Ann is also the host of the**** **Barefoot Innovation (http://www.jsbarefoot.com/podcast/) **podcast**.** You can get this episode of the podcast, as well as 150 previous episodes in our archive, at our website, www.tearsheet.co. If you get value out of these episodes, please take a minute to rate us on iTunes. Doing so, helps other people find us. We're also available on SoundCloud. Also, if you're not signed up for our newsletter, subscribe now. 10,000 industry professionals read our Tearsheet newsletter every week to explore the impact technology is having on the financial services industry. http://www.tearsheet.co/subscribe Here's Jo Ann.

I’m delighted to be able to share with you this very special episode of Barefoot Innovation, because my guest is the 30th Comptroller of the Currency, Thomas J. Curry. Our conversation is a particular treat for me, because I myself am a proud alum of the OCC. Many years ago I was the first women Deputy Comptroller of the Currency and also the youngest to serve in that role. My worldview has always been shaped by that experience – by the agency’s tradition of excellence, the weight of its mission, and the talent of its people, including, now, its far-flung diaspora. At the Comptroller’s office in southwest Washington, I think everyone probably notices the interesting juxtaposition of its modern architecture and bright, open work space on the one hand, with its prominent display of the historical portraits of former comptrollers on the other. Those portraits embody a legacy that dates back to the Civil War. Congress passed the National Currency Act of 1863 to replace the existing, unstable system of bank notes – hence the agency’s non-descriptive, rather archaic name. For listeners who are not steeped in bank regulation, this is the primary regulator of all national banks. It’s an independent bureau of the Treasury Department, and is called, for short, the “OCC,” for Office of the Comptroller of the Currency. It is our oldest bank supervisory agency. The OCC has 4,000 employees, in 91 locations (including London). It oversees more than 1,600 national banks and federal savings associations and 50 federal branches and agencies of foreign banks. It charters federal financial institutions, supervises them for safety and soundness, and retains some consumer protection responsibilities even after most of that role transferred to the Consumer Financial Protection Bureau. It also retains regulatory power under the Community Reinvestment Act. The blending of old and new reflected in the oil paintings is a metaphor for the thing that prompted me reach out to Tom Curry. Last summer, he established an OCC task force on Responsible Innovation, asking a team of his senior leaders to undertake a focused examination of how technology is reshaping financial services, and how best to regulate the huge changes ahead – the kinds of issues we talk about in this series.  The team is exploring this inflection point in finance. How is technology likely to disrupt the traditional banking industry? Will banks – especially community banks – lose market share  to innovators, including those with simple, mono-line strategies and relatively low regulation? How should regulation protect consumers? And remember, this is a prudential regulator, and so they are especially grappling with the question of how best to protect the financial system itself. As you will hear, Tom Curry has many preliminary thoughts on those questions. He cautions against getting swept up in innovation fads, some of which end badly, as recent history has shown. He also talks candidly about the fact that regulators are not wired to look at the upside opportunity of change – they are culturally primed to see the risk in things, to say “no.” Shifting that mindset will be a challenge. He believes the future lies in collaboration – that traditional institutions and innovators together can lead the industry toward a future of responsible innovation, one that works for customers and communities and for providers. He said, “We’re still early in the process, so I can’t tell you exactly where we’ll end up,” but he has made a priority of understanding these new trends, including positioning the OCC to “quickly evaluate those products that require regulatory approval and identify any risks associated with them.” Before joining the OCC in 2012, Mr. Curry served as a director of the FDIC beginning in January 2004 and as Chairman of the NeighborWorks® America Board of Directors. He previously served five Massachusetts Governors as the Commonwealth's Commissioner of Banks and as First Deputy Commissioner and Assistant General Counsel within the Massachusetts Division of Banks. He entered state government in 1982 as an attorney with the Massachusetts’ Secretary of State’s Office. A veteran of the dual-banking system, Mr. Curry also chaired the Conference of State Bank Supervisors and served on the State Liaison Committee of the Federal Financial Institutions Examination Council (FFIEC), including as chairman. Even back in my days at the OCC, we saw ourselves as innovating in a time of rapid change in technology and industry structure. My own unit was an innovation – I led the establishment of the initial OCC consumer protection function. The OCC itself was old then, and is older now. It was and is a learning organization, about the evolving financial system and about how to regulate it. I’ve been able to talk with most of the members of the new innovation task force, and I’m extremely impressed with what they’re doing. Even the bitcoin blogosphere is excited to see what they have in store. So please enjoy this unique opportunity to hear from one of our preeminent financial regulators, Thomas Curry. And, as mentioned in the episode, click below to find: Remarks by Thomas Curry before the Federal Home Loan Bank of Chicago on Responsible Innovation 2013 amendments to third party vendor management guidelines The OCC’s white paper on community banks Please subscribe to the podcast by opening your favorite podcast app and searching for "Jo Ann Barefoot", or in iTunes.