Acting FDIC Chair Promises ‘Wholesale Review’ of Regulatory Priorities

Travis Hill detailed new priorities for FDIC oversight, focusing on mergers, technology, and bank failures in 2023 in order to grow the U.S. economy.

Federal Deposit Insurance Corporation in Washington on Jan. 14, 2025. Madalina Vasiliu/The Epoch Times

The new Federal Deposit Insurance Corporation (FDIC) acting chair under President Donald Trump laid out a series of priorities aimed at streamlining the agency’s approach to bank oversight in a statement on Jan. 21.

Travis Hill was appointed Monday by Trump to succeed Martin Gruenberg in an acting role. He has previously served as the FDIC’s vice chair since 2023 and was a senior adviser to then-Chairman Jelena McWilliams.