Vedder is an international business-focused law firm serving sophisticated clients of all sizes and industries from offices across the U.S. and in the UK and Asia.

A Business Focused Law Firm With a Global Reach | Vedder

On Thursday, July 10, 2025, the U.S. Senate confirmed Jonathan Gould to serve as the next Comptroller of the Currency in a 50–45 vote.  Gould will succeed Acting Comptroller Rodney Hood, who offered his congratulations and praised Gould’s regulatory philosophy, stating that “Mr. Gould understands the critical importance of right-sizing regulations to be appropriately tailored, embracing innovation in the banking sector, and ensuring fair access to financial services.”  As Comptroller, Gould will also join the Board of Directors of the Federal Deposit Insurance Corporation, positioning him to influence interagency regulatory priorities.Gould brings to the role of Comptroller a mix of public and private sector experience.  He previously served as a senior deputy comptroller and chief counsel at the Office of the Comptroller of the Currency during the first Trump Administration.  Following his time at the agency, he was the chief legal officer at Bitfury Group Ltd., a company focused on crypto technology and services, and most recently he was a partner at Jones Day.His confirmation has been particularly welcomed by the crypto industry as well as by traditional financial institutions, with the American Bankers Association issuing statements of support.  Senator Mike Crapo (R-Idaho), Chair of the Senate Finance Committee and former Senate Banking Committee Chair, applauded the appointment in a recent statement, noting that “[Gould’s] extensive background, including his firsthand experience at the OCC, means he’ll be ready to hit the ground running as Comptroller.”In written responses to the Senate Banking Committee during his nomination process, Gould outlined his regulatory philosophy.  He expressed support for a reassessment of the Basel III Endgame proposal, emphasizing the need for alignment with U.S. economic interests and laws.  Gould also highlighted the importance of a diverse and dynamic banking sector, with specific attention to the need for increased de novo bank chartering activity and voiced his support for bipartisan legislative efforts to establish a clear regulatory framework for stablecoins and promote responsible onshore financial innovation.If you have any questions concerning the above, please contact your attorney at Vedder Price or one of the authors.

Jonathan Gould Confirmed as Comptroller of the Currency

Related Capabilities

Related People

Stay up to date

Related Capabilities

Related People

Stay up to date

Slide Menu

Slide Search