×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: james clinger | nominated | fdic

WH Nominates Longtime Govt Staffer James Clinger to FDIC

WH Nominates Longtime Govt Staffer James Clinger to FDIC
(AP)

By    |   Friday, 16 June 2017 08:56 PM

Longtime government staffer James Clinger has been nominated to chair the Federal Deposit Insurance Corporation, the White House announced Friday.

Clinger has served as the chief counsel for the House Committee on Financial Services since 2007, and before that he spent two years as the deputy assistant attorney general during former President George W. Bush's administration.

Clinger previously worked for the House Committee on Financial Services from 1995-2005.

Clinger's nomination stipulates that he serve six years on the FDIC beginning Nov. 29 — including five as chairman — and requires Senate confirmation.

The FDIC regulates the banking industry and provides insurance for deposits to banks. It also helps limit the effect on the economy when a bank or thrift institution fails.

© 2022 Newsmax. All rights reserved.


US
Longtime government staffer James Clinger has been nominated to chair the Federal Deposit Insurance Corporation, the White House announced Friday.
james clinger, nominated, fdic
119
2017-56-16
Friday, 16 June 2017 08:56 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved