I. Management's Discussion and Analysis
The Year in Review
Overview
During 2018, the FDIC continued to fulfill its mission-critical responsibilities. In addition, the agency adopted and issued proposed rules on key regulations under the Economic Growth, Regulatory Relief and Consumer Protection Act (EGRRCPA) and the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA) and engaged in several community banking and community development initiatives.
Cybersecurity remained a high priority for the FDIC in 2018; the agency worked to strengthen cybersecurity oversight, help financial institutions mitigate risk, and respond to cyber threats. The sections below highlight these and other accomplishments during the year.
In May 2018, Jelena McWilliams was confirmed as the 21st Chairman of the FDIC, and has met with bankers from across the country in the intervening months to discuss the diverse needs of bank customers and how to meet those needs.
Picture provided by the Kansas Bankers Association
Chairman Jelena McWilliams, with bankers from New Hampshire, Iowa, and Kansas.