Reported 8 months ago
Christy Goldsmith Romero is expected to have enough votes to become the U.S. Federal Deposit Insurance Corporation chair, but the confirmation process might be prolonged due to likely resistance from Republicans and industry groups. The nomination is significant as it could stabilize the agency's leadership before the upcoming elections. While Goldsmith Romero is generally seen as a non-contentious pick, contentious Senate dynamics and high-stakes issues at the FDIC are expected to slow down the process, potentially leaving the current chair hanging on for a few more months.
Source: YAHOO