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Jelena McWilliams
Jelena McWilliams (; born July 29, 1973) is a Serbian-American business executive and a former chairman of the Federal Deposit Insurance Corporation. She was nominated to the position and to the FDIC Board of Directors by President Donald Trump, and the Senate confirmed her appointment on May 24, 2018. She was sworn in as chairman on June 5, 2018. Previously, McWilliams was executive vice president and chief legal officer of Fifth Third Bank in Cincinnati, Ohio. She resigned from her position as chairman of the Board of the FDIC on February 4, 2022. Early life and education Born Jelena Obrenić ( sr-Cyrl, Јелена Обренић) in Belgrade, Serbia, in the former Yugoslavia, McWilliams traveled to the United States at age 18 as part of a high-school exchange program. She attended the University of California at Berkeley for college. She funded her education by working a series of minimum-wage jobs. She wrote her thesis on the war in her native Yugoslavia.Rexrode, Christine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is a State-owned enterprises of the United States, United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this has been increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the government of the United States, and according to the FDIC, "since its start in 1933 no depositor has ever lost a penny of FDIC-insured funds". Deposits placed wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Of America
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five major island territories and various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's third-largest land area and third-largest population, exceeding 340 million. Its three largest metropolitan areas are New York, Los Angeles, and Chicago, and its three most populous states are California, Texas, and Florida. Paleo-Indians migrated from North Asia to North America over 12,000 years ago, and formed various civilizations. Spanish colonization led to the establishment in 15 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republican Party Of The United States
The Republican Party, also known as the Grand Old Party (GOP), is a right-wing political party in the United States. One of the two major parties, it emerged as the main rival of the then-dominant Democratic Party in the 1850s, and the two parties have dominated American politics since then. The Republican Party was founded in 1854 by anti-slavery activists opposing the Kansas–Nebraska Act and the expansion of slavery into U.S. territories. It rapidly gained support in the North, drawing in former Whigs and Free Soilers. Abraham Lincoln's election in 1860 led to the secession of Southern states and the outbreak of the American Civil War. Under Lincoln and a Republican-controlled Congress, the party led efforts to preserve the Union, defeat the Confederacy, and abolish slavery. During the Reconstruction era, Republicans sought to extend civil rights protections to freedmen, but by the late 1870s the party shifted its focus toward business interests and industrial ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Shelby
Richard Craig Shelby (born May 6, 1934) is an American lawyer and politician who served as a United States senator from Alabama from 1987 to 2023. First elected to the U.S. Senate in 1986 as a Democrat, Shelby switched to the Republican Party in 1994. Shelby is the longest-serving U.S. senator from Alabama in history, serving exactly 36 years. Born in Birmingham, Alabama, Shelby is a 1957 graduate of the University of Alabama. He was admitted to the Alabama bar in 1961 and earned an LL.B. from the University of Alabama School of Law in 1963. Shelby served as a Tuscaloosa city prosecutor from 1963 to 1971. He also worked as a U.S. magistrate for the Northern District of Alabama and as a special assistant Attorney General of Alabama. Shelby served in the Alabama State Senate from 1970 to 1978, when he was elected from the 7th district to the United States House of Representatives. He served in the House until 1987; during his House tenure, he was among a group of conservati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Senate Committee On Banking, Housing And Urban Affairs
The United States Senate Committee on Banking, Housing, and Urban Affairs (formerly the Committee on Banking and Currency), also known as the Senate Banking Committee, has jurisdiction over matters related to banks and banking, price controls, deposit insurance, export promotion and controls, federal monetary policy, financial aid to commerce and industry, issuance of redemption of notes, currency and coinage, public and private housing, urban development, mass transit, and government contracts. The current chair of the committee is Republican Tim Scott of South Carolina, and the Ranking Member is Democrat Elizabeth Warren of Massachusetts. History The committee is one of twenty standing committees in the United States Senate. The committee was formally established as the "Committee on Banking and Currency" in 1913, when Senator Robert L. Owen of Oklahoma sponsored the Federal Reserve Act. Senator Owen served as the committee's inaugural chairman. Jurisdiction In accordance w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Senate Committee On Small Business And Entrepreneurship
The U.S. Senate Committee on Small Business and Entrepreneurship is a standing committee of the United States Senate. It has jurisdiction over the Small Business Administration and is also charged with researching and investigating all problems of American small business enterprises. History Special Committee to Study Problems of American Small Business On October 8, 1940, the Senate established the Special Committee to Study and Survey Problems of Small Business Enterprises (also known as the Special Committee to Study Problems of American Small Business). The committee was chaired by James E. Murray (List_of_United_States_senators_from_Montana, Montana. The other members of the special committee were: * Francis T. Maloney, List of United States senators from Connecticut, Connecticut * Arthur Capper, List of United States senators from Kansas, Kansas * James M. Mead, List of United States senators from New York, New York * Tom Stewart (politician), Tom Stewart, List of United St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Senate
The United States Senate is a chamber of the Bicameralism, bicameral United States Congress; it is the upper house, with the United States House of Representatives, U.S. House of Representatives being the lower house. Together, the Senate and House have the authority under Article One of the United States Constitution, Article One of the Constitution of the United States, U.S. Constitution to pass or defeat federal legislation. The Senate also has exclusive power to confirm President of the United States, U.S. presidential appointments, to approve or reject treaties, and to convict or exonerate Impeachment in the United States, impeachment cases brought by the House. The Senate and the House provide a Separation of powers under the United States Constitution, check and balance on the powers of the Federal government of the United States#Executive branch, executive and Federal judiciary of the United States, judicial branches of government. The composition and powers of the Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve Board Of Governors
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the Senate for staggered 14-year terms.See It is headquartered in the Eccles Building on Constitution Avenue, N.W. in Washington, D.C. Statutory description By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country". As stipulated in the Banking Act of 1935, the chair and vice chair of the Board are two of seven members of the Board of Governors who are appointed by the president from among the sitting governors of the Federal Reserve Banks. The terms of the seven members of the Board span multiple presidential ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hogan Lovells
Hogan Lovells ( ) is an American-British law firm co-headquartered in London and Washington, DC. The firm was formed in 2010 by the merger of the American law firm Hogan & Hartson and the British law firm Lovells. As of 2024, the firm employed about 2,800 lawyers, making it the sixth largest law firm in the world. In 2022, Hogan Lovells was ranked as the twelfth largest law firm in the world by revenue, generating around US$2.6 billion. Revenue per lawyer exceeds US$1million. Hogan Lovells claims specialization in "government regulatory, litigation, commercial litigation and arbitration, corporate, finance, and intellectual property". History Hogan & Hartson Hogan & Hartson was founded by Frank J. Hogan in 1904. In 1925, Hogan was joined by Nelson T. Hartson, a former Internal Revenue Service attorney, and John William Guider. Hogan & Hartson then went into partnership in 1938 with Guider as a silent partner. In 1970, Hogan & Hartson became the first major firm to establi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palo Alto, California
Palo Alto ( ; Spanish language, Spanish for ) is a charter city in northwestern Santa Clara County, California, United States, in the San Francisco Bay Area, named after a Sequoia sempervirens, coastal redwood tree known as El Palo Alto. The city of Palo Alto was incorporated in 1894 by the American industrialist Leland Stanford and his wife, Jane Stanford, when they founded Stanford University in memory of their only child, Leland Stanford Jr. Palo Alto later expanded and now borders East Palo Alto, California, East Palo Alto, Mountain View, California, Mountain View, Los Altos, California, Los Altos, Los Altos Hills, California, Los Altos Hills, Stanford, California, Stanford, Portola Valley, California, Portola Valley, and Menlo Park, California, Menlo Park. As of the 2020 United States census, the population was 68,572. Palo Alto has one of the highest costs of living in the United States, and its residents are among the most educated in the country. However, it has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morrison & Foerster
Morrison & Foerster LLP (also known as MoFo) is an American multinational law firm headquartered in San Francisco, California, with 17 offices located throughout the United States, Asia, and Europe. History In 1883, Alexander Francis Morrison (1856–1921), an alumnus of the University of California, Berkeley, and Hastings College of the Law, founded the firm's oldest ancestor in San Francisco under the name O’Brien & Morrison.O’Hara, Eileen, et al. (2006). Morrison & Foerster LLP: The Evolution of a Law Firm. RR Donnelly. pp. 5 His aim was to practice "principally in the line of corporation business."McAfee, David (July 21, 2014)California Powerhouse: Morrison & Foerster Law360. Retrieved November 18, 2015. In 1891, Morrison formed a partnership with Constantine E.A. Foerster (1860–1898). However, Foerster died in 1898 at age 37 from tuberculosis. After his death, other attorneys came in as partners and the firm's name changed several times over the next two decades. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
