Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Board of Directors - Jelena McWilliams

Jelena  McWilliams the 21st Chairman of the FDIC

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.

Speeches & Testimony
June 12, 2019 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation at the CATO Summit on Financial Regulation: "If You Build It, They Will Come"; Washington, D.C.
June 4, 2019 Remarks by FDIC Chairman Jelena McWilliams at the Community Development Bankers Association Peer Forum and Membership Meeting
May 29, 2019 Remarks by FDIC Chairman Jelena McWilliams and Director of the Division of Insurance and Research Diane Ellis on the First Quarter 2019 Quarterly Banking Profile
May 16, 2019 Statement of Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation on Oversight of Prudential Regulators: Ensuring the Safety, Soundness, and Accountability of Megabanks and Other Depository Institutions before the Committee on Financial Services; U.S. House of Representatives
May 15, 2019 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
April 16, 2019 Statement by FDIC Chairman Jelena McWilliams on Notice of Proposed Rulemaking: Dodd-Frank Act Resolution Planning
April 16, 2019 Statement by FDIC Chairman Jelena McWilliams on Advance Notice of Proposed Rulemaking: IDI Plans
March 29, 2019 Statement by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation, Notice of Proposed Rulemaking: Revisions to the Supplementary Leverage Ratio to Exclude Certain Central Bank Deposits of Banking Organizations Predominantly Engaged in Custody, Safekeeping, and Asset Servicing Activities
March 29, 2019 Statement of Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation: Issuance of a Notice of Proposed Rulemaking on Recordkeeping for Timely Deposit Insurance Determination
March 21, 2019 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation on the "Principles of Supervision and Your Value to our Nation's Banking System" at the Banking Institute sponsored by the University of North Carolina School of Law; Charlotte, North Carolina
March 14, 2019 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation at the National Diversity Coalition Washington D.C. Town Hall Meeting; Washington, D.C.
March 11, 2019 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation at the Institute of International BankersAnnual Washington Conference; Washington, D.C.
February 21, 2019 Remarks by FDIC Chairman Jelena McWilliams and Director of the Division of Insurance and Research Diane Ellis on the Fourth Quarter 2018 Quarterly Banking Profile
January 31, 2019 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation at the Florida Bankers Association Leadership Dinner, "Banking on the American Dream"; Miami, Florida
January 11, 2019 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation at the American Bar Association Banking Law Committee Annual Meeting, "Principles of Supervision"; Washington, D.C.
December 18, 2018 Statement by FDIC Chairman Jelena McWilliams on the Update of Projected Deposit Insurance Fund Losses, Income, and Reserve Ratios for the Restoration Plan to the FDIC Board Meeting; Washington, DC
December 18, 2018 Statement by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation, Proposed 2019 FDIC Operating Budget Meeting of FDIC Board of Directors; Washington, DC
November 28, 2018 Keynote Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation, to 2018 Annual Conference of The Clearing House (TCH) and Bank Policy Institute (BPI)
November 20, 2018 Statement by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation, Notice of Proposed Rulemaking: Proposed changes to applicability thresholds for regulatory capital requirements and liquidity requirements
November 16, 2018 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation, at the Federal Reserve Bank of Chicago Thirteenth Annual Community Bankers Symposium "Back to Basics"; Chicago, Illinois
November 15, 2018 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation, at The Office of Financial Research and the University of Michigan's Center on Finance, Law, and Policy Fourth Annual Financial Stability Conference; Washington, D.C.
November 13, 2018 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation, at the Federal Reserve Bank of Philadelphia, "Fintech and the New Financial Landscape"; Philadelphia, Pennsylvania
October 18, 2018 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation, "A Call to Action: Why We Need Effective Deposit Insurance Systems" at the 2018 IADI Annual Conference and 17th Annual General Meeting; Basel, Switzerland
October 15, 2018

Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation: "Preparing for Cross-border Resolution Together" at the Single Resolution Board Conference; Brussels, Belgium

October 3, 2018 Remarks by Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation: "Trust through Transparency" at the Federal Reserve System, Conference of State Bank Supervisors, and Federal Deposit Insurance Corporation 2018 Community Banking in the 21st Century Research and Policy Conference; St. Louis, MO
October 2, 2018 Statement of Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation on the Implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act before the Committee on Banking, Housing, and Urban Affairs; U.S. Senate
August 23, 2018 Chairman Jelena McWilliams’ Opening Statement Second Quarter 2018 Quarterly Banking Profile
Skip Footer back to content