Financial Censorship After Capitol Riot ‘Truly Chilling,’ Says OCC Chief Brian Brooks
“Money might be controlled by a handful of elites,” the departing bank regulator said at a Wednesday event. “Crypto is about freedom.”
Tesla plowed $1.5 billion into bitcoin, ETH futures went live on CME, Brian Brooks comments on dollar debasement.
The rule would have prohibited U.S. banks from denying services based on ideological factors.
The company said Monday the former U.S. banking regulator will serve as its first independent director.
Brian Brooks finalized the controversial Fair Access to Banking rule in what could be his last act in office.
Acting Comptroller of the Currency Brian Brooks will be stepping down on Jan. 14, he confirmed Wednesday.
The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.