The White House has announced the names of two Republicans who President Biden is nominating to serve as members of the FDIC Board of Directors.
The FDIC Board of Directors has five members, two of whom are the Comptroller of the Currency and the CFPB Director. Currently, there are only three members, all of whom are Democrats (consisting of Acting Chair Martin Gruenberg, Acting Comptroller Michael Hsu, and CFPB Director Rohit Chopra). … Continue Reading