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ABA: The American Bankers Association
Statement

ABA Statement on FDIC Chairman McWilliams

"Throughout her career in public service, FDIC Chairman Jelena McWilliams has exemplified competence, professionalism and dedication. In leading the FDIC since 2018, she has worked hard to build consensus around sound banking policies. Her efforts during the ongoing pandemic have allowed banks of all sizes to serve as a source of strength for the economy, while maintaining their commitment to safety and soundness. We appreciate her willingness to listen to all stakeholders in addressing policy issues, and particularly appreciate her strong support for initiatives to reduce the number of unbanked Americans and promote financial inclusion. We thank Chairman McWilliams for her service at the FDIC and wish her well in her next endeavors. We also look forward to working with the new leadership at the FDIC in pursuit of commonsense banking rules that will continue to promote economic growth and opportunity."

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $23.7 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $19.6 trillion in deposits and extend $11.8 trillion in loans.

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Blair Bernstein

(202) 663-5468

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