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CBA Statement on McWilliams Nomination
WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on President Donald Trump’s nomination of Jelena McWilliams to serve as the next chair of the Federal Deposits Insurance Corporation (FDIC):
“Jelena McWilliams possess a unique combination of policy, regulatory and banking experience. I am confident her background and leadership abilities will be a tremendous asset to the agency, the industry it oversees and bank customers. Appointing officials with real-world industry experience is one of the most important steps for implementing balanced and effective regulations.”
NOTE: McWilliams is the chief legal officer at Fifth Third Bank based in Cincinnati, Ohio, and a member of CBA.