Comparison of Financial Institution Regulators' Enforcement and Prompt Corrective Action Authorities

GAO-01-322R: Jan 31, 2001

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GAO reviewed the legal authority allowing federal bank regulators, the Office of Federal Housing Enterprise Oversight (OFHEO), and the Federal Housing Finance Board (FHFB) (collectively referred to as financial institution regulators) to take action on capitalization and safety and soundness issues affecting the institutions they supervise. Concerns were expressed that OFHEO and FHFB may not have the same supervisory and enforcement powers as the bank regulators. GAO found that the financial institution regulators have similar but not identical powers and authorities. Each financial institution regulator administers its own statutory scheme that contains authority to address unsafe and unsound conditions and practices, as well as certain violative conduct.

Mar 19, 2018

  • Ampcus, Inc.
    We deny the protest.
  • AMAR Health IT, LLC
    We dismiss the protest because our Office does not have jurisdiction to entertain protests of task orders issued under civilian agency multiple-award, indefinite-delivery, indefinite-quantity (IDIQ) contracts that are valued at less than $10 million.
  • Centurum, Inc.--Costs
    We grant the request.

Mar 15, 2018

  • ORBIS Sibro, Inc.
    We sustain the protest in part and deny it in part.

Mar 14, 2018

Mar 13, 2018

Mar 12, 2018

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