Brown Statement on FDIC Nominees
WASHINGTON, D.C. — U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, released the following statement after President Biden announced the nominations of Jonathan McKernan and Travis Hill to be board members of the Federal Deposit Insurance Corporation (FDIC).
“The FDIC keeps our banking system safe, insures our deposits, and helps support our nation’s smallest banks. It requires experienced leadership and a board that will focus on protecting our economy from risks, increasing access to affordable financial services to consumers, and ensuring that banks honor their commitment to communities across the country through the Community Reinvestment Act,” said Brown. “I look forward to reviewing and evaluating these nominees’ qualifications and experience to determine if they are the right fit for the FDIC.”
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