Trump Bank Regulator Faces Inquiry Into Legality of Job Status
- Treasury inspector general to review acting OCC chief Noreika
- Noreika lashes out at Democrats who prompted the examination
Keith Noreika, acting Comptroller of the Currency, speaks during a Senate Banking Committee hearing in Washington, D.C., on June 22.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
The Treasury Department’s independent watchdog has begun reviewing whether a top Wall Street regulator is improperly holding on to his job, as the official under scrutiny lashed out at Democratic lawmakers who prompted the examination.
Treasury Inspector General Eric Thorson has opened an “inquiry” into whether Keith Noreika’s unusual employment status has expired, making him ineligible to remain acting chief of the Office of the Comptroller of the Currency, Thorson’s office confirmed Thursday.