Senate Approves Nominee to Head FDIC

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00020042-senate-approves-nominee-to-head-fdic/

Sheila Bair, a former assistant Treasury secretary and a professor at the University of Massachusetts, has been named by President Bush and the Senate as the new head of the Federal Deposit Insurance Corp, according to an Associated Press story.

Bair wasn?t alone in receiving new governmental posts from the current administration. She was joined by James B. Lockhart as director of the Office of Federal Housing Enterprise Oversight; Kathleen Casey as a member of the Securities and Exchange Commission; and Robert Couch as president of the Government National Mortgage Association, known as Ginnie Mae.

You can read the full story at Senate Approves Nominee to Head FDIC.