OCC payments charter proposal raises questions about what is a bank ...Middle East

Recent moves by the Office of the Comptroller of the Currency are forcing Congress to ask a deceptively complex question: What is a bank? Acting Comptroller of the Currency Brian Brooks proposed a rule over the summer that would create a new kind of bank charter for national money transmitters. The federal charter would allow some payment […] The post OCC payments charter proposal raises questions about what is a bank appeared first on Roll Call.

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