Business & Lobbying

Trump selects ex-banker to oversee Wall Street

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The White House has clarified that President Trump’s nominee to run a U.S. regulator office didn’t actually attend Dartmouth College, Bloomberg News reported Friday.

Joseph Otting, Trump’s pick to run the Office of the Comptroller of the Currency, listed a degree on his resume from the “School of Credit and Financial Management at Dartmouth College.”

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But that school was never affiliated with Dartmouth and no longer operates in any Dartmouth facilities.

“Joseph Otting is not a Dartmouth graduate,” Dartmouth spokeswoman Diana Lawrence told New England Cable News on Wednesday. “Dartmouth does not have a school of credit and financial management.”

In fact, the school is actually a four-week program spread over two years run by the National Association of Credit Management (NACM), a nonprofit Maryland organization that certifies professionals in the credit management field with a continuing education course, which describes itself as “the leader in executive education for the credit and financial management community.” 

When Otting attended the school, it was operated on a Dartmouth campus.

Otting, who has a bachelor’s degree, would be the first comptroller in decades to not hold an advanced degree.

The Graduate School of Credit and Financial Management, one of the NACM’s job-training programs, is currently run out of the American University campus.

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