Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Governance topic
No spam. Unsubscribe anytime.
Hill says FDIC will work with current board; vacancies are an administration decision
Summary
Asked whether vacant FDIC board seats undermine legitimacy, Chairman Travis Hill said board composition and nominations are decisions for the administration and that he will work with the current three‑member board; he did not describe policy changes or resignations.
Reporters asked whether the administration’s decision not to fill current FDIC board vacancies affects the legitimacy of board decisions. Ebrima Santos Sanneh of American Banker asked why seats remain unfilled and whether that matters for the agency’s authority.
Chairman Travis Hill declined to comment on personnel decisions by the administration, saying those questions are “above my pay grade.” He said he is focused on working with whoever serves on the board and that a three‑member configuration has occurred previously. “From my perspective, I’m here to work with whoever is on the board,” Hill said.
Hill did not indicate any immediate change to how the board will operate or any planned departures; he deferred questions about nominations and timing to the White House and other administration officials.
