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Dems question acting comptroller's special government employee status

Six Democratic senators wrote to Department of Treasury Inspector General Eric Thorson to investigate Acting Comptroller of the Currency Keith Noreika's special government employee status.

The senators — Chris Van Hollen of Maryland, Elizabeth Warren of Massachusetts, Robert Menendez of New Jersey, Sherrod Brown of Ohio, Jack Reed of Rhode Island and Catherine Masto of Nevada — said Noreika's status as a special government employee should have ended on Sept. 12.

In their letter dated Oct. 16, the group said a special government employee can be "retained, designatied, appointed, or employed to perform temporary duties, with or without compensation, for not more than 130 days during any period of 365 consecutive days."

Treasury Secretary Steven Mnuchin appointed Noreika as Thomas Curry's successor when he stepped down on May 5. According to the senators, Noreika is on his 164th day in office as of Oct. 16. The group further said the Department of Treasury's interpretation that only business days would be included in the 130 days is in violation of the law.

In connection with this, the senators urged Thorson to review Noreika's participation in key decisions since Sept. 12, as well as his authority to be a voting member of the Financial Stability Oversight Council, among others.