United States:
Senate Confirms New FDIC Chair
29 May 2018
Cadwalader, Wickersham & Taft LLP
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By a vote of 69 to 24, the Senate confirmed Jelena McWilliams as Chair of the
FDIC. Ms. McWilliams takes over the role from Martin Gruenberg.
Ms. McWilliams worked previously as the Executive Vice
President and Chief Legal Officer of Fifth Third Bank in
Cincinnati, Ohio. Prior to that, she worked in the U.S. Senate,
first as Assistant Chief Counsel of the Small Business and
Entrepreneurship Committee, and then as Chief Counsel and Deputy
Staff Director of the Committee on Banking, Housing and Urban
Affairs.
Ms. McWilliams also served as an attorney on the Federal Reserve
Board of Governors. She started her career in private practice as a
corporate and securities lawyer.
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