The national banking regulator’s financial inclusion program – dubbed Project REACh (Roundtable for Economic Access and Change) – is now under the umbrella of the Office of External Relationships and Strategic Partnerships, the agency’s acting leader said in a speech Thursday.
Rodney Hood, acting comptroller at the Office of the Comptroller of the Currency (OCC), told a meeting of the National Community Reinvestment Coalition (NCRC) of a “restructuring” that includes creation of this “new” office, which he said will be led by Andrew Moss, Hood’s acting chief of staff and OCC’s National Director for Project REACh (a title Moss has held previously and in tandem with Director of Minority Outreach).
“Andrew will be responsible for developing our comprehensive financial inclusion strategy,” Hood said in prepared remarks. “This office will also engage with critical external stakeholders to identify economic barriers, build partnerships, promote education, and encourage responsible innovation to foster increased inclusion in the federal banking system.”
Acting Comptroller Encourages Innovation to Foster Financial Inclusion
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