By Neil Roland ( October 30, 2026, 19:50 GMT | Insight) -- California should exempt its federally chartered banks from a 2023 law requiring disclosure of greenhouse gas emissions, US Comptroller Jonathan Gould said, citing an “undue burden” on the firms and a distraction for bank management. Gould, the head of the Comptroller of the Currency, said in a letter to the California Air Resources Board that federally chartered banks are governed by “a robust framework” of federal laws that pre-empt conflicting state laws. “The OCC will evaluate CARB’s implementation of the disclosure laws to determine whether further action is necessary to provide federally chartered banks with certainty as to the application of the law,” he said.California should exempt its 1,000 federally chartered banks from a 2023 law requiring disclosure of greenhouse gas emissions, US Comptroller Jonathan Gould said, citing an “undue burden” on the firms and a distraction for bank management....
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