American Banker, March 30, 2023, OCC’s Hsu: Fairness As Important To Bank Health As Safety And Soundness
“It is precisely during times like these — when the world is fixated on financial and systemic risks — that issues of fairness can get pushed to the bottom of the pile and ignored,” Hsu said in his prepared remarks before the National Community Reinvestment Coalition’s Washington summit Thursday. “We need to be able to walk and chew gum at the same time — i.e., maintain a laser focus on effective financial risk management and work to ensure fairness.”
