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Thursday

26 November 2020

Trump Nominates Crypto Supporter to Serve as the Head Bank Regulator for 5 Years | BTCMANAGER

Trump Nominates Crypto Supporter to Serve as the Head Bank Regulator for 5 Years | BTCMANAGER


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During his little stint as the acting head of the federal agency, he has looked to carry out reforms that favor the industry.

His nomination by President Trump still requires the Senate to confirm him before he becomes the official Comptroller of the national bank regulator.

Brooks has worked on various government boards, serving as Executive Vice President and General Counsel of the Federal National Mortgage Association (FNMA).

Since then, Brooks has kickstarted various crypto reforms that would help the industry players have a sound environment to carry out their businesses.

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