Powerful Bank Regulator to Retire - NYTimes.com
A senior Wall Street regulator will step down next month as her
agency undergoes a makeover, ending a nearly two-decade career as one of
the banking industry’s most powerful and yet polarizing watchdogs.
Julie Williams, the chief counsel of the Office of the Comptroller of the Currency,
announced on Monday that she would leave the agency on Sept. 30. Ms.
Williams, who also twice served as acting comptroller, said she would
officially retire at the end of the year.
Working behind the scenes in Washington, Ms. Williams was
intrinsically linked to the agency. A skilled lawyer with a mastery of
esoteric financial minutiae, Ms. Williams positioned herself as the
go-to adviser. In recent months, she has led the agency’s effort to
write new rules for Wall Street and played a role in dissecting the
multibillion-dollar trading loss at JPMorgan Chase.
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