This biographical article is written like a résumé. (October 2020) |
Sheila Bair | |
---|---|
President of Washington College | |
In office August 1, 2015 – June 30, 2017 | |
Preceded by | Jack Griswold |
Succeeded by | Kurt Landgraf |
Chair of the Federal Deposit Insurance Corporation | |
In office June 26, 2006 – July 8, 2011 | |
President | George W. Bush Barack Obama |
Preceded by | Martin Gruenberg (Acting) |
Succeeded by | Martin Gruenberg |
Assistant Secretary of the Treasury for Financial Institutions | |
In office July 2001 – June 2002 | |
President | George W. Bush |
Preceded by | Gregory Baer |
Succeeded by | Wayne Abernathy |
Chair of the Commodity Futures Trading Commission Acting | |
In office August 21, 1993 – December 21, 1993 | |
President | Bill Clinton |
Preceded by | William Albrecht (Acting) |
Succeeded by | Barbara Holum (Acting) |
Personal details | |
Born | Sheila Colleen Bair April 3, 1954 Wichita, Kansas, U.S. |
Political party | Republican |
Spouse | Scott Cooper |
Children | 2 |
Education | University of Kansas (BA, JD) |
Sheila Colleen Bair[1] (born April 3, 1954)[2] is an American former government official who was the 19th Chair of the U.S. Federal Deposit Insurance Corporation (FDIC) from 2006 to 2011,[3] during which time she shortly after taking charge of the FDIC in June 2006 began warning of the potential systemic risks posed by the growing trend of subprime-mortgage-backed bonds, and then later assumed a prominent role in the government's response to the 2008 financial crisis. She was appointed to the post for a five-year term on June 26, 2006, by George W. Bush through July 8, 2011.[4][5] She was subsequently the 28th president of Washington College in Chestertown, MD, the first female head of the college in its 234-year history, a position she held from 2015 until her resignation in 2017.[6]