John Dugan assumed office last week as the 29th Comptroller of the Currency, after the Senate confirmed his nomination on July 29. Prior to his new post, Dugan was a partner with the Washington law firm Covington & Burling, where he served as coordinator of the firm’s Financial Institutions Group, specializing in financial institution regulation. He was an assistant secretary at Treasury during the administration of Pres. George H.W. Bush.