Joe is a partner in our Banking and Financial Services and Finance, Risk and Restructuring Practices based in the firm’s Washington, DC office.
He specializes in digital assets, focusing on helping financial institutions navigate the opportunities and challenges related to stablecoins and tokenized deposits in light of the recent GENIUS Act. Joe is an expert in bank supervision, regulation, and risk management, with experience in examinations, regulation, and chartering.
Before joining Oliver Wyman, Joe served on the official staff of the Federal Reserve Board of Governors. Most recently, he helped build and lead the Novel Activities Supervision Program, which supervised banks engaged in crypto, distributed ledger technology, and fintech activities. In that role, he played a key part in the Fed’s policy and supervision of banks’ involvement in crypto-asset custody, stablecoins, and tokenized deposits.
The passage of the GENIUS Act has created a transformative moment in how value is stored and transferred, with massive implications for banks, payment providers, and investors. I want to help clients find opportunities and solve challenges related to stablecoins, tokenized deposits, and crypto
Joe previously led the policy planning team that helped the Federal Reserve develop its policy strategy for emerging issues domestically and internationally. He also has experience leading stress test modeling teams and developing rules related to stress testing and capital planning.
Joe holds an MPP from Georgetown and a BA from Duke University. He lives in Washington, DC, with his wife and their two elementary school-aged boys. When he isn’t thinking about distributed ledgers, he is an avid gardener and Buffalo Bills fan.