The outgoing board chairman of the federal bank deposit insurance fund is planning an “exit interview” of sorts the day before she formally exits, the agency said Monday.
Jelena McWilliams, chairman of the Federal Deposit Insurance Corp. (FDIC) Board, will participate in the “conversation with Jelena McWilliams” Thursday at the Bipartisan Policy Center (BPC). Her remarks will be followed by a moderated question-and-answer session with BPC President Jason Grumet. The topic, the agency said, will be the regulatory environment for financial services and “other topics related to economic and banking policy.”
McWilliams announced her resignation one month ago (on New Year’s Eve), telling the White House in a letter it would be effective Feb. 4. She gave no indication why she was resigning, three-and-a-half years into her five-year term (she was nominated by President Donald Trump [R] in December 2017 and confirmed by the Senate in late May 2018). She wrote that it has been “a tremendous honor to serve this nation” and that she “did not take a single day for granted” during her service.
The session, which gets underway at 2 p.m. ET (and is scheduled to run for 45 minutes), will be livestreamed via the Internet on BipartisanPolicy.org, the FDIC said.