WASHINGTON May 3 The government will announce a
new interim boss for the Office of the Comptroller of the
Currency (OCC), a key banking regulator, later this morning,
U.S. Treasury Secretary Steven Mnuchin said on Wednesday.
Mnuchin also told a conference of community bankers that
President Donald Trump had signed off on a nominee to fill the
role of vice-chair of supervision at the Federal Reserve.
Mnuchin did not say who the nominee was. Reuters had
previously reported that Randal Quarles, who worked as under
secretary for domestic finance at the Treasury under President
George W. Bush, was a leading candidate for the role.
(Reporting by Pete Schroeder. Editing by Carmel Crimmins)