Short bio
Michael J. Hsu served as Acting Comptroller of the Currency from May 2021 to February 2025. As Acting Comptroller, Mike was the administrator of the federal banking system and chief executive officer of the Office of the Comptroller of the Currency. During that time he also served as a Director of the FDIC, a member of the Financial Stability Oversight Council, and chair of the Federal Financial Institutions Examination Council.
Prior to that, Mike led the GSIB supervision program at the Federal Reserve. He also prudentially supervised the large independent investment banks while at the Securities and Exchange Commission. During the Global Financial Crisis, he worked at the Treasury Department, followed by a stint at the IMF.
Currently, Mike is a fellow at the Aspen Institute, member of the Bretton Woods Committee, and advisor to central banks, companies, and non-profits. He collaborates with a range of stakeholders on facilitating responsible AI adoption by regulators and financial institutions.
Long bio
Michael J. Hsu served as Acting Comptroller of the Currency from May 2021 to February 2025. As Acting Comptroller, Mike was the administrator of the federal banking system and chief executive officer of the Office of the Comptroller of the Currency (OCC). During a period that included the crypto crash of 2022 and the banking turmoil of 2023, he also served as a Director of the Federal Deposit Insurance Corporation (FDIC), a member of the Financial Stability Oversight Council (FSOC), and chair of the Federal Financial Institutions Examination Council (FFIEC). Mike delivered over forty speeches, sharing bold ideas and engaging stakeholders on a wide range of topics, including financial stability, artificial intelligence, financial health, bank-fintech partnerships, and trust and fairness in banking.
From 2010 to 2021, Mike served as a Senior Associate Director in the Division of Supervision and Regulation at the Federal Reserve Board of Governors. In that role, he helped stand up and lead the supervision program for global systemically important banks (GSIBs), implemented post-crisis regulatory reforms, and forged close working relationships with international regulatory peers.
Mike also prudentially supervised the large independent investment banks while at the Securities and Exchange Commission from 2004 to the 2008 Global Financial Crisis (GFC). During the GFC, he helped stand up the Troubled Asset Relief Program and oversaw AIG while at the Treasury Department. Following that, Mike assessed financial stability risks at the International Monetary Fund. He started his career as an attorney at the Federal Reserve Board of Governors in 2002.
Currently, Mike is an Aspen Institute Finance Leaders Fellow, a member of the Bretton Woods Committee, and an advisor to central banks, companies, and non-profits. He collaborates with a range of stakeholders on facilitating responsible AI adoption by regulators and financial institutions.
Photo
Mike Hsu 