CC: Et al. included POTUS, who makes selections to the board.
The Board of Directors of the FDIC is the governing body of the FDIC. The board is composed of five members, three appointed by the president of the United States with the consent of the United States Senate and two ex officio members. The three appointed members each serve six-year terms. No more than three members of the board may be of the same political affiliation. The president, with the consent of the Senate, also designates one of the appointed members as chairman of the board, to serve a five-year term, and one of the appointed members as vice chairman of the board. The two ex officio members are the Comptroller of the Currency and the director of the Consumer Financial Protection Bureau (CFPB).
As of March 2019, the members of the Board of Directors of the Federal Deposit Insurance Corporation were:
Jelena McWilliams – Chairman of the Board Vacant – Vice Chairman Martin J. Gruenberg – Internal Director Joseph Otting – Comptroller of the Currency Kathy Kraninger – Director, Consumer Financial Protection Bureau[8]
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