Critic of regulation likely to become next head of FDIC

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US president Donald Trump’s nominee for the role of chair of the Federal Deposit Insurance Cooperation (FDIC) looks likely to receive confirmation from the US Senate in the coming weeks.

Jelena McWilliams, who currently serves as executive vice-president and chief legal officer at Fifth Third Bank, has been called before the US Senate as part of the appointment process.

During the Obama administration, she worked closely with two Republican senators who are noted critics of the tighter

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