Priority Open Recommendations: Office of the Comptroller of the Currency

Summary

What GAO Found In May 2025, GAO identified three priority recommendations for the Office of the Comptroller of the Currency (OCC). Since then, OCC has not implemented any of these recommendations. GAO is highlighting the following three areas that warrant timely and focused attention: Analyzing regulations, Financial technology lending, and Addressing blockchain technology risks. Addressing GAO's recommendations in these areas could help OCC assess whether its rules have had their intended effects and inform future rulemaking, provide lenders greater certainty about their compliance with fair lending and other consumer protection laws, and identify and respond to blockchain-related risks in a timely manner. Taking action to implement all of GAO's open priority recommendations would directly support OCC's mission. Why GAO Did This Study Priority open recommendations are the GAO recommendations that warrant priority attention from heads of key departments or agencies because their implementation could save large amounts of money; improve congressional and/or executive branch decision-making on major issues; eliminate mismanagement, fraud, and abuse; or make progress toward addressing a high risk or duplication issue, among other benefits. Since 2015, GAO has sent letters to selected agencies to highlight the importance of implementing such recommendations. For more information, contact Dan Garcia-Diaz at garciadiazd@gao.gov.