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StableFinanceReported 2026-09-30 04:00

Comptroller Issues Statement Against American Express Resolution Plan

Comptroller Jonathan V. Gould of the OCC voted against a resolution plan for American Express and reaffirmed the need for reforms to Dodd-Frank Act Section 165(d) resolution plans, citing opacity and uncertainty.

Why it matters. Regulatory actions can significantly impact financial institutions and their operations.

01

Who it touches

  1. 1American Express
  2. ← sanctionsFact
  3. serves →Fact
    3consumersMarket
  4. ← partners withFact
    4FiservCompany
  5. ← sanctionsFact
  6. serves →Fact
    6sellersMarket
02

Evidence

  • OOCC news releasesRegulator2026-09-30 04:00
    WASHINGTON—Comptroller of the Currency Jonathan V. Gould today issued a statement on his vote against a joint resolution plan letter from the Federal Deposit Insurance Corporation and the Federal Reserve Board to American Express and reaffirmed the need for reforms to Dodd-Frank Act Section 165(d) resolution plans.
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  • OOCC news releasesRegulator2026-09-30 04:00
    Excerpts from Comptroller Gould’s remarks are below. His full statement can be found here .
    View source