The Senate voted to confirm Jelena McWilliams to replace Martin Gruenberg as chair of the Federal Deposit Insurance Corp. (FDIC). McWilliams fills the final key bank regulator seat for President Donald Trump’s administration.
McWilliams has garnered strong support from the industry she now will be regulating, both for her experience as a bank executive and working within the government.
Find out more about why the industry is excited that she will be leading the FDIC.