FDIC Chairman Jelena McWilliams announced her resignation on Friday after warning that Democrats had launched a “hostile takeover” of the agency.
McWilliams resigned in an open letter addressed to President Biden.
McWilliams was appointed to the position in 2018 by President Donald Trump. “When I immigrated to this country 30 years ago, I did so with a firm belief in the American system of government. During my tenure at the Federal Reserve Board of Governors, the United States Senate, and the FDIC, I have developed a deep appreciation for these venerable institutions and their traditions. It has been a […]
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