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Former Comptroller of the Currency Rejoins Covington

Jaclyn Jaeger | December 20, 2010

Former Comptroller of the Currency, John Dugan, will be rejoining the law firm of Covington & Burling as a partner in the firm's Washington office beginning in early January. He also will chair the firm's financial institutions group.

As Comptroller, Dugan headed the agency that supervises over 1,500 national banks and federal branches of foreign banks, which together hold nearly two-thirds of the assets of the U.S. commercial banking system.  He also served on the board of directors of the Federal Deposit Insurance Corporation. During his five-year term, he led the Office of the Comptroller of the Currency (OCC) through the financial crisis and ensuing recession that resulted in extraordinary regulatory and supervisory actions for national banks of all sizes, including government assistance provided under the Troubled Asset Relief Program;...
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