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buckeyeguy2010  
#1 Posted : Thursday, June 30, 2011 6:31:29 PM(UTC)
buckeyeguy2010

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Am I not correct that FDIC is in the process of getting a new director since the term of Shelia Bair is expiring?
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Outsider2  
#2 Posted : Thursday, July 07, 2011 10:43:16 PM(UTC)
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That is correct.  The current Vice Chairman, Martin Gruenberg, has been nominated to become Chairman.
jacksonjosaf  
#3 Posted : Wednesday, April 11, 2012 4:56:21 PM(UTC)
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Oh..New news for me..when will Martin Gruenberg becomes the Chairmen??
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TheRealOrange  
#4 Posted : Thursday, April 12, 2012 8:08:45 PM(UTC)
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jacksonjosaf wrote:
Oh..New news for me..when will Martin Gruenberg becomes the Chairmen??
 
Acting Chairman Gruenberg was recently confirmed as an FDIC Director, but not as Chairman.  It looks like the Chair, which still may be Mr. Gruenberg, will not be appointed until after the election in November.
 
"But in an unusual move, the Senate did not confirm Gruenberg as chairman of the FDIC, or Hoenig as the agency's vice chair. Instead, the chamber left Gruenberg as the agency's vice chairman, allowing him to continue to lead the agency in an acting capacity."
 
"But it also likely reflects the political realities of a presidential election year. Confirming Gruenberg as chair of the FDIC would have left him as leader of the agency for several years, well into a potential Republican administration, should the party's presidential candidate win the election this year."
 
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