The Exchequer Club of Washington D.C. is a group of individuals whose primary professional interest is in the field of national economic and financial policy. Our membership includes more than 300 senior professionals from trade associations, federal regulatory agencies, law firms, Congressional committees, and the national press.
Our Current Officers
Michael J. Hsu, Acting Comptroller of the Currency, will be our guest speaker at the Exchequer Club meeting on Wednesday, September 15, 2021.
Mr. Hsu became Acting Comptroller of the Currency on May 10, 2021, upon his designation as First Deputy Comptroller by Secretary of the Treasury Janet Yellen pursuant to her authority under 12 USC 4.
As Acting Comptroller of the Currency, Mr. Hsu is the administrator of the federal banking system and chief executive officer of the Office of the Comptroller of the Currency (OCC). The OCC ensures that the federal banking system operates in a safe and sound manner, provides fair access to financial services, treats customers fairly, and complies with applicable laws and regulations. It supervises nearly 1,200 national banks, federal savings associations, and federal branches and agencies of foreign banks that serve consumers, businesses, and communities across the United States and conducts approximately 70 percent of banking activity in the country. These banks range from community banks serving local neighborhood needs to the nation’s largest most internationally active banks.
The Comptroller also serves as a Director of the Federal Deposit Insurance Corporation and a member of the Financial Stability Oversight Council and the Federal Financial Institutions Examination Council.