February 04, 2022

Toomey Applauds McWilliams’ Tenure at FDIC

Washington, D.C. – U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) released the following statement regarding the resignation of Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams.

“Jelena McWilliams is a dedicated public servant who has spent over a decade defending free markets and promoting sensible financial regulations. As Chairman of the FDIC, she worked cooperatively to strengthen the safety and soundness of the banking system, and did so on a bipartisan basis. I thank Chairman McWilliams for her distinguished service and wish her all the best in her future endeavors.”