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Following the Senate confirmation of FDIC board members, including FDIC Acting Chairman Martin Gruenberg’s nomination for chairman, ICBA released a statement pledging to work with the officials on behalf of the nation’s community banks.
ICBA Statement: “ICBA will continue to ensure that the community banking perspective is voiced as we engage with Chairman Gruenberg and the full FDIC board on policy matters that affect community banks and the customers and communities they serve,” ICBA President and CEO Rebeca Romero Rainey said.
Votes: Gruenberg’s nomination to the board passed Monday night on a 45-39 roll-call vote. His nomination for chairman, along with the nominations of Republicans Travis Hill and Jonathan McKernan for FDIC vice chairman and FDIC board member, respectively, passed via voice vote.
Board Makeup: The votes will round out the FDIC board of directors, marking the first time since 2015 all five of the board’s positions have been filled.
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ICBA and other groups requested a meeting with members of Congress to discuss a Treasury Department proposal that would reduce access to services provided by Community Development Financial Institutions Fund-certified depository institutions.
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Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Senate confirmation of President Joe Biden’s nominees to the Federal Deposit Insurance Corp. board of directors.
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The Independent Community Bankers of America (ICBA) and other groups today requested a meeting with members of Congress to discuss a Treasury Department proposal that would irreversibly harm access to services provided by Community Development Financial Institutions Fund-certified depository institutions.
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Dec 20, 2022
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