FDIC's chair Sheila Bair to step down in July
The announcement that FDIC Chairman Sheila Bair will be stepping down on July 8th, while expected, has sparked a larger discussion on the need to fill key positions across the government's regulatory agencies.
Federal Deposit Insurance Corp. Chairman Sheila Bair defended the Dodd-Frank financial overhaul before a conference of community bankers Tuesday, chiding industry officials and lawmakers who have complained that regulators are moving too quickly in implementing the new law.