Former Coinbase Lawyer Becomes Head of Major US Bank Regulator Next Week

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The Treasury Department's announcement of the same hire highlighted Brooks’ work on speedy delivery of the Paycheck Protection Program. He came on at the OCC as lockdowns to prevent the spread of COVID-19 in the U.S. were just taking hold. Alongside heightened attention U.S. lawmakers are paying to digitizing the dollar for aid distribution amid the pandemic, Brooks’s advancement at the OCC reads as a step in the direction of crypto-facilitated aid.

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