Sheila Bair
Sheila Bair | |
|---|---|
Bair in 2016 | |
| 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 (born April 3, 1954) is an American former government official who was the 19th Chair of the U.S. Federal Deposit Insurance Corporation (FDIC) from 2006 to 2011, 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. 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.