Federal Deposit Insurance Corp. (FDIC) Board Vice Chairman Thomas M. Hoenig recently announced that he would be stepping down upon completion of the sixth and final year of his term.
Hoenig has expressed support for certain provisions of S. 2155 that benefit community and regional banks, but noted concerns about its proposal to roll back heightened restrictions placed on the country’s largest financial entities.
Find out more about Hoenig and his retirement from the board.