White House Nominates Christy Goldsmith Romero as FDIC Chair to Replace Gruenberg

Reported 7 months ago

The White House has nominated Christy Goldsmith Romero as the new chair of the Federal Deposit Insurance Corp. (FDIC) following the scandal-induced resignation of Martin Gruenberg. Goldsmith Romero, currently a commissioner at the Commodity Futures Trading Commission, has over 20 years of experience in federal attorney and financial regulation leadership. The nomination has received criticism for lacking state bank supervisory experience, with calls for the Senate to explore her positions on critical matters affecting the dual-banking system.

Source: YAHOO

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