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John Cunningham Dugan Edit Profile

officer , Under Secretary of the Treasury

John Cunningham Dugan, American lawyer, former federal agency administrator. Bar: District of Columbia 1981. Member of District of Columbia Bar Association, Federal Bar Association, American Bar Association (member committee on banking law).

Background

Dugan, John Cunningham was born on June 3, 1955 in Washington, District of Columbia, United States.

Education

Bachelor of Arts in English Literature with high distinction, University Michigan, 1977. Juris Doctor cum laude, Harvard University, 1981.

Career

The Comptroller of the Currency is the administrator of national banks and chief officer of the Office of the Comptroller of the Currency (OCC). The OCC supervises more than 1,500 federally chartered commercial banks and 50 federal branches and agencies of foreign banks in the United States (as of January 31, 2010), comprising more than half the assets of the commercial banking system. The Comptroller also serves as a director of the Federal Deposit Insurance Corporation, the Federal Financial Institutions Examination Council, and NeighborWorks America.

In September 2007, Comptroller Dugan was appointed Chairman of the Joint Forum, which is a group of senior financial sector regulators from the United States, Canada, Europe, Japan, and Australia that deals with issues common to the banking, securities, and insurance industries, including supervision of conglomerates. Comptroller Dugan was the Under Secretary of the Treasury for Domestic Finance in 1992 and served in Department of the Treasury from 1989 to 1993. Before that he was minority counsel and minority general counsel for the United States Senate Committee on Banking, Housing, and Urban Affairs, from 1985 to 1989.

Before serving as Comptroller, Dugan worked for 12 years as a lobbyist representing the banking industry. He is a graduate of the University of Michigan, with a JD from Harvard Law School. Mr. Dugan is married with two children.

Dugan acted as chairman of the Joint Forum on the Basel Committee on Banking Supervision from 2007 through December 2009. According to an interview of Steve Eisman, John Dugan is culpable for elements of the subprime mortgage crisis.

Achievements

  • Bar: District of Columbia 1981.

Membership

He also served as director of Minbanc, a charitable organization, and was a member of the American Bar Association's committee on banking law.

Connections

Married Beth Dugan; children: Claire, Jack.

spouse:
Beth Dugan

child:
Claire Dugan

child:
Jack Dugan