Treasury Dept. OCC Proposed Budget of $1.14 Billion Funds Bank Supervision Through Industry Assessments
Targeted News Service
Copyright © Targeted News Service, 2026
Copyright © Targeted News Service, 2026
2026-04-11
Targeted News Service
WASHINGTON, April 11 -- The U.S. Department of the Treasury Office of the Comptroller of the Currency proposed budget for fiscal year 2027 totals $1.149 billion in obligations, dedicated primarily to supervising and regulating the Nation's banking system. Unlike most federal agencies, the OCC does not receive appropriated funds from Congress; instead, it is fully funded through assessments and fees paid by the financial institutions it supervises, along with investment income.
The e . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, April 11 -- The U.S. Department of the Treasury Office of the Comptroller of the Currency proposed budget for fiscal year 2027 totals $1.149 billion in obligations, dedicated primarily to supervising and regulating the Nation's banking system. Unlike most federal agencies, the OCC does not receive appropriated funds from Congress; instead, it is fully funded through assessments and fees paid by the financial institutions it supervises, along with investment income.
The e . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com