According to BlockBeats, on July 11, the U.S. Senate confirmed Jonathan Gould to lead the Office of the Comptroller of the Currency. Gould joins the list of Trump administration officials who support easing regulations on national lending institutions and advocate for cryptocurrency assets. The Senate approved Gould's appointment with a vote of 50 in favor and 45 against.
Gould previously stated that since 2008, banking regulators have sometimes tried to eliminate risk rather than manage it, which has hindered banks' ability to perform their functions. Earlier this year, the Office of the Comptroller of the Currency announced that it would no longer review the risks associated with banks doing business with controversial clients.
