James E. Smith | |
Order: | 23rd Comptroller of the Currency |
Term Start: | July 5, 1973 |
Term End: | July 31, 1976 |
President: | Richard M. Nixon Gerald R. Ford |
Predecessor: | William B. Camp |
Successor: | John G. Heimann |
Office1: | Chair of the Federal Deposit Insurance Corporation |
Term1: | March 16, 1976 - March 18, 1976 |
Preceded1: | Frank Wille |
Succeeded1: | Robert E. Barnett |
Birth Date: | 29 September 1930 |
Birth Place: | Aberdeen, South Dakota |
Death Place: | Bethesda, Maryland, U.S. |
Nationality: | American |
Occupation: | financial consultant |
James Enlo Smith (September 29, 1930September 23, 2020) was Comptroller of the Currency of the United States from 1973 to 1976.[1] Smith was born in Aberdeen, South Dakota.[2]
James E. Smith was Deputy Under-Secretary of the Treasury before being named Comptroller by President Nixon. The explosive growth of banking in the 1960s and 1970s was changing the face of banking.
In response, Smith led a review of the agency's examination practices, which changed the way the agency did business: more emphasis was placed on assessment of a bank's own policies, procedures, decision making, and management information system, and the importance of training and career development for national bank examiners was recognized. After his resignation, Smith became a financial consultant. Smith died on September 23, 2020, at the age of 89.[3]