Acting Comptroller Issues Statement on Court Decision Regarding ‘Madden’ Rule

Acting Comptroller of the Currency Michael J. Hsu issued the following statement regarding the decision issued by the District Court for the Northern District of California in the litigation challenging the Office of the Comptroller of the Currency (OC…

Acting Comptroller of the Currency Michael J. Hsu issued the following statement regarding the decision issued by the District Court for the Northern District of California in the litigation challenging the Office of the Comptroller of the Currency (OCC) rule to clarify the permissible interest on transferred loans.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2022/nr-occ-2022-13.html