Comptroller of the Currency John Dugan says OCC supports establishing a systemic risk regulator. OCC also supports stabilizing and winding down non-banking entities that hold great systemic risk, such as AIG. FDIC says it completed the sale of IndyMac Federal Bank to OneWest Bank, FSB, on Thursday. NCUA’s Sheila Albin, associate general counsel for the credit union regulator, testified before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit on legislation designed to aid consumers.”]
Source: https://www.bankinfosecurity.com/regulators-testify-on-capitol-hill-a-1302