Washington, D.C. (Oct. 28, 2025) — The Independent Community Bankers of America (ICBA) today encouraged Senate Banking Committee members to advance the nomination of Federal Deposit Insurance Corporation Acting Chairman Travis Hill to serve as FDIC chairman.
In a letter to the committee ahead of today’s nomination hearing, ICBA expressed support for Hill’s nomination, citing his distinguished career in the Senate and senior leadership at the FDIC as well as his understanding of the importance of community banks in supporting local communities.
“Mr. Hill is well prepared to deal in a thoughtful and informed manner with numerous critical, emerging policy questions before the FDIC,” ICBA President and CEO Rebeca Romero Rainey said in the letter. “These include advancing tiered regulation, challenges to America’s longstanding separation of banking and commerce and ensuring that any reforms to our deposit insurance system promote depositor confidence and curb the harmful advantage enjoyed by too-big-to-fail banks.”
ICBA looks forward to final Senate confirmation of Hill’s nomination and to continuing to work closely with Hill, the Trump administration, and the 119th Congress.
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.
