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Board of Directors

Jelena McWilliams

Chairman
Federal Deposit Insurance Corporation

Last Updated: March 31, 2021
Jelena McWilliams

Jelena McWilliams was sworn in as the 21st Chairman of the FDIC on June 5, 2018. She serves a six-year term on the FDIC Board of Directors, and is designated as Chairman for a term of five years.

Ms. McWilliams was Executive Vice President, Chief Legal Officer, and Corporate Secretary for Fifth Third Bank in Cincinnati, Ohio. At Fifth Third Bank she served as a member of the executive management team and numerous bank committees including: Management Compliance, Enterprise Risk, Risk and Compliance, Operational Risk, Enterprise Marketing, and Regulatory Change.

Prior to joining Fifth Third Bank, Ms. McWilliams worked in the U.S. Senate for six years, most recently as Chief Counsel and Deputy Staff Director with the Senate Committee on Banking, Housing and Urban Affairs, and previously as Assistant Chief Counsel with the Senate Small Business and Entrepreneurship Committee.

From 2007 to 2010, Ms. McWilliams served as an attorney at the Federal Reserve Board of Governors, where she drafted consumer protection regulations, reviewed and analyzed comment letters on regulatory proposals, and responded to consumer complaints.

Before entering public service, she practiced corporate and securities law at Morrison & Foerster LLP in Palo Alto, California, and Hogan & Hartson LLP (now Hogan Lovells LLP) in Washington, D.C. In legal practice, Ms. McWilliams advised management and boards of directors on corporate governance, compliance, and reporting requirements under the Securities Act of 1933 and the Securities Exchange Act of 1934. She also represented publicly- and privately-held companies in mergers and acquisitions, securities offerings, strategic business ventures, venture capital investments, and general corporate matters.

Ms. McWilliams graduated with highest honors from the University of California at Berkeley with a B.S. in political science, and earned her law degree from U.C. Berkeley School of Law.

State Visits

As part of her Trust through Transparency initiative, Chairman McWilliams is meeting with stakeholders in every state.

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Photos

Photos of the Chairman are available for download. This includes her formal portrait which is available in three sizes.

If you have any other requests for photos, please email Communications@FDIC.gov.

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Speaking Requests

If you would like the Chairman to speak or attend an event, please complete the request form. We will review and get back to you as soon as possible. To check on the status of an invitation, please call (202) 898-6993 during regular business hours (9:00 am to 5:00 pm ET).

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Speeches & Testimony

March 31, 2021 Statement by FDIC Chairman Jelena McWilliams at the Financial Stability Oversight Council Meeting
March 25, 2021 Remarks by FDIC Chairman Jelena McWilliams at the Women’s Economic Empowerment TechSprint and Conference
February 23, 2021 Remarks by FDIC Chairman Jelena McWilliams and Director of the Division of Insurance and Research Diane Ellis on the Fourth Quarter 2020 Quarterly Banking Profile
January 25, 2021 Statement by FDIC Chairman Jelena McWilliams on Treasury Secretary Dr. Janet Yellen
January 25, 2021 Statement by FDIC Chairman Jelena McWilliams on National Credit Union Administration Chairman Rodney E. Hood
January 21, 2021 Statement by FDIC Chairman Jelena McWilliams on Chairman and Chief Executive of the Commodity Futures Trading Commission Dr. Heath P. Tarbert
January 21, 2021 Statement by FDIC Chairman Jelena McWilliams on CFPB Director Kathleen Kraninger
January 19, 2021 Statement by FDIC Chairman Jelena McWilliams on the Changes to Supervisory Appeals Process
January 14, 2021 Statement by FDIC Chairman Jelena McWilliams on the Acting Comptroller of the Currency Brian P. Brooks

December 15, 2020 Statement by FDIC Chairman Jelena McWilliams on the Notice of Proposed Rulemaking on Computer-Security Incident Notification at the FDIC Board Meeting
December 15, 2020 Statement by FDIC Chairman Jelena McWilliams on the Proposed 2021 FDIC Operating Budget at the FDIC Board Meeting
December 15, 2020 Statement by FDIC Chairman Jelena McWilliams on the Combined Final Rule on Brokered Deposits and Interest Rate Restrictions at the FDIC Board Meeting
December 15, 2020 Statement by FDIC Chairman Jelena McWilliams on the Final Rule for Parent Companies of Industrial Banks and Industrial Loan Companies at the FDIC Board Meeting
December 11, 2020 Remarks by FDIC Chairman Jelena McWilliams, ‘From Principles to Practice: Improving and Modernizing Bank Supervision,’ Federal Reserve Board Conference on “Bank Supervision: Past, Present, and Future”
December 3, 2020 Statement by FDIC Chairman Jelena McWilliams on FSOC Annual Report
December 1, 2020 Remarks by FDIC Chairman Jelena McWilliams and Director of the Division of Insurance and Research Diane Ellis on the Third Quarter 2020 Quarterly Banking Profile
November 20, 2020 Statement by FDIC Chairman Jelena McWilliams on the Interim Final Rule to Temporarily Change Asset Thresholds for the Applicability of Certain Rules
November 12, 2020 Statement of Jelena McWilliams Chairman Federal Deposit Insurance Corporation on Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions During the Pandemic before the U.S. House Committee on Financial Services
November 10, 2020 Statement of FDIC Chairman Jelena McWilliams on the Oversight of Financial Regulators before the Senate Committee on Banking, Housing, And Urban Affairs
October 20, 2020 Statement by FDIC Chairman Jelena McWilliams on the Final Rule on Net Stable Funding Ratio: Liquidity Risk Measurement Standards and Disclosure Requirements
October 20, 2020 Statement by FDIC Chairman Jelena McWilliams on the Final Rule on Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies, Certain Intermediate Holding Companies, and Global Systemically Important Foreign Banking Organizations; Total-Loss Absorbing Capacity Requirements
October 20, 2020 Statement by FDIC Chairman Jelena McWilliams on the Interim Final Rule on Applicability of Annual Independent Audits and Reporting Requirements for Fiscal Years Ending in 2021
October 16, 2020 Remarks by Chairman Jelena McWilliams to the 10th Annual Consumer Research Symposium
October 8, 2020 Remarks of FDIC Chairman Jelena McWilliams to the SRB Annual Conference 'Resolution Readiness: Adapting to our Uncertain World'
September 25, 2020 Statement by FDIC Chairman Jelena McWilliams on FSOC Activities-Based Review of Secondary Mortgage Market Activities
September 15, 2020 Statement by FDIC Chairman Jelena McWilliams on a Restoration Plan for the Deposit Insurance Fund
August 26, 2020 FDIC Chairman Jelena McWilliams on "Creating a Financial System of Inclusion and Belonging"
August 25, 2020 Remarks by FDIC Chairman Jelena McWilliams and Director of the Division of Insurance and Research Diane Ellis on the Second Quarter 2020 Quarterly Banking Profile
August 21, 2020 Statement by FDIC Chairman Jelena McWilliams on the Request for Comment on Changes to Supervisory Appeals Process
July 24, 2020 Statement by FDIC Chairman Jelena McWilliams on Final Rule: Section 19 of the FDI Act
June 25, 2020 Statement by FDIC Chairman Jelena McWilliams on the Final Rule: Federal Interest Rate Authority
June 25, 2020 Statement by FDIC Chairman Jelena McWilliams on the Final Rule: Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships with, Hedge Funds and Private Equity Fund
June 25, 2020 Statement by FDIC Chairman Jelena McWilliams on the Final Rule and Interim Final Rule: Margin and Capital Requirements for Covered Swap Entities
June 22, 2020 Statement by Chairman McWilliams on the Final Rule to Mitigate the Impact of PPP Lending on Deposit Insurance Premiums
June 16, 2020 Remarks by FDIC Chairman Jelena McWilliams and Director of the Division of Insurance and Research Diane Ellis on the First Quarter 2020 Quarterly Banking Profile
June 02, 2020 Remarks by FDIC Chairman Jelena McWilliams at the Olympia Snowe Women's Leadership Institute Graduation
June 01, 2020 Statement by FDIC Chairman Jelena McWilliams on Acting Comptroller of the Currency Brian P. Brooks
May 28, 2020 Statement by FDIC Chairman Jelena McWilliams on Comptroller of the Currency Joseph Otting
May 20, 2020 Statement by FDIC Chairman Jelena McWilliams on the CRA Joint Proposed Rulemaking
May 15, 2020 Statement by FDIC Chairman Jelena McWilliams on the Interim Final Rule: Temporary Exclusion of U.S. Treasury Securities and Deposits at Federal Reserve Banks from the Supplementary Leverage Ratio for Depository Institutions
May 13, 2020 Statement of Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation before the Subcommittee on Consumer Protection And Financial Institutions, Committee on Financial Services; U.S. House of Representatives
May 12, 2020 Statement of Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation on Oversight of Financial Regulators before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate
May 26, 2020 Statement by FDIC Chairman Jelena McWilliams before the Financial Stability Oversight Council
March 18, 2020 Statement by FDIC Chairman Jelena McWilliams on Square Financial Services
March 18, 2020 Statement by FDIC Chairman Jelena McWilliams on Nelnet Bank
March 17, 2020 Statement by FDIC Chairman Jelena McWilliams on the Notice of Proposed Rulemaking: Parent companies of industrial banks and industrial loan companies; FDIC Board Meeting
February 25, 2020 Remarks by FDIC Chairman Jelena McWilliams and Director of the Division of Insurance and Research Diane Ellis on the Fourth Quarter and Full-Year 2019 Quarterly Banking Profile
January 30, 2020 Statement by FDIC Chairman Jelena McWilliams on the Notice of Proposed Rulemaking: Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships with, Hedge Funds and Private Equity Funds; FDIC Board Meeting; FDIC Board Meeting
January 30, 2020 Statement by FDIC Chairman Jelena McWilliams on the Final Rule: Amendment to Securitization Safe Harbor Rule

Op-Ed/Letters to the Editor

Date Title Publication
July 1, 2020 BankThink: FDIC chief on why call reports are getting a makeover American Banker-Online
October 4, 2019 Regulators need new approach to innovation American Banker-Online
December 6, 2018 We can do better on de novos American Banker-Online
October 29, 2018 I know what it feels like to be unbanked American Banker-Online