Blake Paulson Explained

Blake Paulson
Office:Acting Comptroller of the Currency
President:Donald Trump
Joe Biden
Term Start:January 14, 2021
Term End:May 10, 2021
Predecessor:Brian P. Brooks
Successor:Michael J. Hsu
Education:University of South Dakota (BS)

Blake Paulson, is an American career national bank examiner, who was the Acting Comptroller of the Currency in 2021.[1]

Paulson became Acting Comptroller of the Currency on January 14, 2021, upon the resignation of Acting Comptroller of the Currency Brian P. Brooks. As Acting Comptroller of the Currency, Mr. Paulson was the administrator of the federal banking system and chief officer of the Comptroller of the Currency (OCC). He held the position until May 10, 2021.

Early life and education

He has a Bachelor of Science in business administration from the University of South Dakota.

Career

Paulson joined the Office of the Comptroller of the Currency in 1986 in Sioux Falls, South Dakota.

In the 1990s, Paulson was the assistant deputy comptroller for midsize bank supervision where he was responsible for a portfolio of national banks with total assets between $10 billion and $30 billion.

In April 2020, Paulson served concurrently as the chief operating officer (COO) of the OCC and senior deputy comptroller for midsize and community bank supervision. As COO, he was responsible for OCC management operations, oversight of staff responsible for systemic risk identification and analytical support, and the Specialty Supervision System. He was designated the chief national bank examiner.

In his role as senior deputy comptroller for midsize and community banks, Paulson was responsible for supervising 1,100 national banks and federal savings associations, and 1,600 OCC employees. Prior to that, he served as associate deputy comptroller and later, as deputy comptroller for the agency's Central District where he was responsible for the oversight of community banks and federal savings associations, independent data service providers, and trust companies across the upper Midwest.

On May 10, 2021, Paulson was succeeded in his role as Acting Comptroller of the Currency by Michael J. Hsu.[2]

Notes and References

  1. Web site: Blake Paulson . OCC . January 26, 2021.
  2. Web site: 2021-05-07. Michael J. Hsu to Become Acting Comptroller of the Currency May 10, 2021. 2021-05-28. www.occ.gov. en-US.