The chair will step down in February, more than a year before her term ends.
The Trump-appointed chair of the Federal Deposit Insurance Corporation will resign more than a year before her term ends, she announced Friday evening, following a public spat with some FDIC board members over bank merger rules.... [+]FDIC Chair Jelena McWilliams will step down from the agency — which insures U.S.
FDIC’s board of directors for more than 15 years, and former President Barack Obama made him the board’s chair in 2012.
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