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Jonathan V. GouldComptroller of the Currency
Since the Great Financial Crisis, half of community and small banks have disappeared under the weight of overregulation. President Donald J. Trump and Secretary of the Treasury Scott Bessent are leading a community bank comeback by unleashing Parallel Prosperity for Main Street and Wall Street.
The Office of the Comptroller of the Currency (OCC) recognizes the importance of safe and sound community banks that support customers and communities across the nation and is taking action to address the specific challenges for community banks by rightsizing regulation and tailoring supervisory activities to ensure these vital institutions continue to grow and meet the needs of the customers and small businesses they serve.
Expands eligibility to extend exam cycle to every 18 months, reducing burden and yielding cost savings
Provides a simple measure of capital adequacy for community banks and reduces regulatory burden
Proposed simplified process would reduce burden by providing clarity on the measurable goals and components of a strategic plan
Secretary of the Treasury Scott Bessent and Comptroller Jonathan V. Gould highlighted the Trump Administration's efforts to alleviate regulatory burden on community banks, drive economic growth on Main Street, and protect America’s financial system from illicit activity during remarks at the Arizona Bankers Association Roundtable on August 6, 2026. View the full remarks here.
In April, Comptroller Jonathan V. Gould and U.S. Representative Carlos A. Gimenez joined community bankers in Miami, Florida, at Interamerican Bank, an institution founded by Cuban exiles and celebrating its 50th anniversary.
Comptroller Jonathan V. Gould met with local community banking leaders in Roanoke, Virginia, on July 23, 2026, to discuss how the OCC is continuing to help their institutions and Main Street thrive by reducing decades of undue regulatory burden.
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The OCC is taking action to address the specific challenges for community banks by rightsizing regulation and tailoring supervisory activities.
