SIFMA Statement on Confirmation of Jelena McWilliams as Chair of the FDIC

Washington, DC, May 24, 2018 – SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., president and CEO of SIFMA, on the confirmation of Jelena McWilliams as Chair of the Federal Deposit Insurance Corp. (FDIC):

“SIFMA congratulates Jelena McWilliams on her confirmation as Chair of the FDIC. We look forward to working with Ms. McWilliams on issues of importance that will ensure our financial system continues to operate effectively to help stimulate the economy and promote job growth.”

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SIFMA is the voice of the U.S. securities industry. We represent the broker-dealers, banks and asset managers whose nearly 1 million employees provide access to the capital markets, raising over $2.5 trillion for businesses and municipalities in the U.S., serving clients with over $18.5 trillion in assets and managing more than $67 trillion in assets for individual and institutional clients including mutual funds and retirement plans. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.