ABA Statement on Senate Confirmations of FDIC Chairman and Board Members

“We congratulate Martin Gruenberg on his confirmation to serve again as FDIC chairman. We appreciate his years of public service at the agency and his willingness to consider industry perspectives even when we don't always agree. We look forward to working with Chairman Gruenberg on a range of policy issues including our shared commitment to bringing more Americans into the banking system.

“We also congratulate Travis Hill, who will serve as vice chair, and Jonathan McKernan on their confirmations to join the FDIC’s board of directors. They will bring valuable experience and skills to the board, and we appreciate their willingness to serve in these essential roles. Importantly, today’s confirmations mean that the FDIC will now have a full board for the first time in many years, allowing for a wide range of perspectives as it pursues its mission of ensuring that the U.S. banking system remains the strongest and safest in the world.”