Jelena McWilliams on Tuesday was sworn in as the 21st Chairman of the Federal Deposit Insurance Corporation. She succeeds Martin Gruenberg, who had served on the FDIC Board since August 2005, as vice chairman and acting chairman before becoming Chairman on Nov. 29, 2012.
McWilliams was appointed by President Trump to serve as chairman of the FDIC for a term of five years and a six-year term on the FDIC Board of Directors.

