Foster Applauds Nomination of Christy Goldsmith Romero for FDIC Chair, Urges Swift Senate Confirmation

Washington, DC – Today, Congressman Bill Foster (D-IL), Ranking Member of the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, issued the following statement after President Biden nominated Christy Goldsmith Romero to be Chair of the Board of Directors of the Federal Deposit Insurance Corporation (FDIC):

“I deeply respect that Ms. Goldsmith Romero spent a decade of her career cleaning up after the financial crisis and is well aware of the damage that an under-regulated financial system can inflict on businesses and families. This appears to be an excellent appointment, and I urge the Senate to proceed swiftly with the confirmation process.”

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