What's Up Doc?
Looks like the White House is all set to nominate markets regulator Christy Goldsmith Romero as the new Federal Deposit Insurance Corporation chair amidst a scandal involving sexual harassment and misconduct at the top banking regulator.
On the Double!
The administration is in a rush to push through President Joe Biden's regulatory agenda and major bank capital hikes just ahead of the U.S. presidential election but details on the hearings are still up in the air.
Bunny Business
Goldsmith Romero and Kristin Johnson both Democratic commissioners are in the spotlight for key roles with Johnson lined up for the Assistant Secretary for Financial Institutions at the Treasury Department.
Election Frenzy
With the looming November general election time is running out for Senate confirmation as Senators eye campaigning at home rather than dealing with Washington politics.
Breaking News!
Formal announcements about the nominations are on the horizon with speculations swirling about upcoming White House announcements and Senate confirmations.
That's All Folks!
It's a race against time for the White House to fill the FDIC chair role amidst political pressure and the upcoming general election keeping everyone on their toes in the world of banking regulation.
White House FDIC Chair Nomination Scandal Election Banking Regulator Democratic Commissioner Regulatory Agenda Senate Treasury Department
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