Acting Comptroller of the Currency Hints About Possible Operational Resilience Regulations

On March 12, at the Institute of International Bankers Annual Washington Conference, Acting Comptroller of the Currency Michael J. Hsu discussed the importance of operational resilience in the banking sector and hinted that potential regulations aimed to promote the same may be forthcoming.

Comptroller Hsu defined operational resilience as a bank’s ability “to prepare for, adapt to, and withstand or recover from disruptions.” These disruptions can stem from external events like natural disasters, bad actors, pandemics, or global conflicts, or … Read the rest

Federal meat inspection has failed to adapt to operational environment

Editor’s note: This is the first of a four-part series.

I had two simultaneous careers: the U.S. Army Reserve and the USDA’s Food Safety and Inspection Service (FSIS). I graduated from the U.S. Army War College (USAWC) with a masters degree in Strategic Studies. I earned a bachelors of science, Doctor of Veterinary Medicine, and masters in Veterinary Pathology with a minor in Meat Science. I participated in strategic planning on two general staffs. I was an Inspector-in-Charge in slaughter … Read the rest