News summary
U.S. Treasury Secretary Yellen stressed that the White House must act quickly to nominate new candidatesurhaibingoChairman of the Federal Deposit Insurance Corporation.
Newsletter text
[U.S. Treasury Secretary Yellen emphasizes the importance of nominating FDIC chairman] U.S. Treasury Secretary Janet Yellen spoke on May 25, urging the White House to determine the new chairman of the Federal Deposit Insurance Corporation (FDIC) as soon as possible. Yellen believes that the rapid advancement of the nomination process is crucial to the integrity of the U.S. financial system and public confidence.