JPMorgan head of regulatory policy leaves for lobbying group

JPMorgan’s head of regulatory policy is leaving the bank to run one of the major Wall Street lobbying groups.

Bloomberg News reports that Gregory Baer will join the Clearing House Association October 5 as its new president, the group said in a statement Friday.

The Clearing House is best known for providing the legal underpinnings for banking industry challenges to key rules issued by the Federal Reserve, the Office of the Comptroller of the Currency and other agencies.

'Greg is a seasoned industry executive with deep regulatory policy skills', Brian Moynihan, CEO of Bank of America and chairman of the Clearing House’s supervisory board, said in the statement. 'He will be a strong leader'.

To access the complete Bloomberg News article hit the link below:

JPMorgan's Policy Chief Will Lead Wall Street Lobbying Group

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