Congressman Lynch (D-MA) supports crypto pilot program for the Currency Comptroller Office

posted 4 months ago
Chair of FinTech Task Force, Congressman Stephen Lynch (D-MA), stated he thinks it is ‘great’ that the former chief legal counsel of Coinbase, Brian Brooks, is now the Acting Comptroller of the Currency of the OCC.

When asked how Acting Comptroller Brooks would balance the oversight of large federal banks with crypto alternatives, Lynch said “It’s just great. There are too many bankers and US agency leaders that did not grow up with this stuff and are afraid of change, which is to our detriment… Maybe we can help get these financial markets to give this stuff a try.”
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