Sheila Bair

Sheila Bair
President of Washington College
In office
August 1, 2015 – June 30, 2017
Preceded byJack Griswold
Succeeded byKurt Landgraf
Chair of the Federal Deposit Insurance Corporation
In office
June 26, 2006 – July 8, 2011
PresidentGeorge W. Bush
Barack Obama
Preceded byMartin Gruenberg (Acting)
Succeeded byMartin Gruenberg
Assistant Secretary of the Treasury for Financial Institutions
In office
July 2001 – June 2002
PresidentGeorge W. Bush
Preceded byGregory Baer
Succeeded byWayne Abernathy
Chair of the Commodity Futures Trading Commission
Acting
In office
August 21, 1993 – December 21, 1993
PresidentBill Clinton
Preceded byWilliam Albrecht (Acting)
Succeeded byBarbara Holum (Acting)
Personal details
Born
Sheila Colleen Bair

(1954-04-03) April 3, 1954 (age 70)
Wichita, Kansas, U.S.
Political partyRepublican
SpouseScott Cooper
Children2
EducationUniversity 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]

  1. ^ "Presidential Nomination: Sheila Colleen Bair". The White House website via Archives.gov. 2006-05-01. Retrieved 2009-03-08.
  2. ^ Howard, Theresa (2008-10-03). "FDIC's Bair emerges as key player in bank rescues". USA Today.
  3. ^ "FDIC: Board of Directors & Senior Executives". Fdic.gov. Archived from the original on 2010-11-23. Retrieved 2010-10-17.
  4. ^ "FDIC: Board of Directors & Senior Executives". FDIC. Archived from the original on 23 November 2010. Retrieved 9 July 2011.
  5. ^ Dash, Eric (9 May 2011). "F.D.I.C. Chairwoman to Leave in July". The New York Times. Retrieved 23 September 2020.
  6. ^ Seltzer, Rick (2 June 2017). "Bair Resigns From Washington College". Inside Higher Ed. Retrieved 23 September 2020.