The current and most recent former comptrollers of the currency testifed in the second of three days of hearings held by the bipartisan Financial Crisis Inquiry Commission (FCIC). John Dugan, the current comptroller John Dugan, talked about his office’s oversight over Citigroup during the recent financial crisis. The Comptroller of the Currency is part of the Treasury Department, which regulates all national banks. 
Congress formed the ten-member FCIC in May 2009 to examine the causes of the financial markets meltdown.