Benjamin W. McDonough is the Senior Deputy Comptroller and Chief Counsel at the OCC. Mr. McDonough oversees the agency’s legal and licensing activities, including legal advisory services to bank supervision and policy, enforcement, litigation, agency administrative matters, legislative initiatives, the chartering of new banks, and changes in structure and activities of existing banks. He serves on the OCC’s Executive Committee and provides counsel to the Comptroller and other senior executives. He assumed this role in June 2021.
Before joining the OCC, Mr. McDonough served as Associate General Counsel at the Board of Governors of the Federal Reserve System (Board). While there, he worked on a variety of matters, including providing legal advice to the Large Institution Supervision Coordinating Committee Operating Committee and to the Board’s stress testing program.
Mr. McDonough holds a joint juris doctor/master of public policy degree and a bachelor of arts degree from the University of Michigan.