The Republican Chair of the
However, McWilliams is now outnumbered on the
Gruenberg, who previously Ran the agency under
McWilliams’ unexpected Resignation will hand full control of the Agency to
All this should be easier with McWilliams out the way, Analysts have said. Earlier this month, she tried to Block efforts by the Board’s Democratic Members to solicit Public Feedback on Changes to Bank Merger Rules, which
“Chair McWilliams started a political fight she couldn’t win,”
McWilliams did Not say why she was Resigning and could Not immediately be reached for comment on the Public Holiday.
“Throughout my tenure, the agency has focused on maintaining and instilling confidence in our banking system while at the same time promoting innovation, strengthening financial inclusion, improving transparency, and supporting community banks and minority depository institutions,” she said in a statement.
Analysts have previously suggested Gruenberg could be Renominated to Run the Agency for another Five-year term.
Other Names floated by Analysts and Washington Insiders to replace McWilliams include: Mehrsa Baradaran, a Law Professor, and
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