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Administrative Resignation Regulatory Agencies

Cadwalader, Wickersham & Taft LLP

Vice Chair Brainard Resigns from Fed to Head Up NEC

Federal Reserve Board (“FRB”) Vice Chair Lael Brainard submitted her resignation from the FRB earlier this week, effective on or about February 20. Vice Chair Brainard is resigning from the FRB to become President Biden’s...more

Orrick, Herrington & Sutcliffe LLP

Wilson to resign as FTC commissioner

On February 14, FTC Commissioner Christine Wilson announced plans to leave the agency. Wilson penned a Wall Street Journal op-ed, in which she took issue with a number of FTC Chair Lina Khan’s initiatives, including Khan’s...more

Orrick, Herrington & Sutcliffe LLP

Jelena McWilliams to resign as FDIC chairman

On December 31, Jelena McWilliams announced her resignation as FDIC Chairman effective February 4. McWilliams, who was appointed in 2018, noted in her resignation letter to President Biden that throughout her tenure at the...more

Ballard Spahr LLP

David Silberman resigns from CFPB

Ballard Spahr LLP on

David Silberman, who has served as the CFPB’s Associate Director for Research, Markets, and Regulations since 2011, announced that he has left the agency to become a part-time senior advisor to both the Center for Responsible...more

Ballard Spahr LLP

NY DFS Superintendent Vullo announces departure plans

Ballard Spahr LLP on

Maria Vullo, the current Superintendent of the New York Department of Financial Services, has announced that she will leave DFS on February 1, 2019. ...more

Ballard Spahr LLP

Federal court asked to decide who is CFPB Acting Director

Ballard Spahr LLP on

Last Friday, November 24, effective at midnight, Richard Corday resigned as CFPB Director.  Earlier in the day, the CFPB issued a press release announcing that Mr. Cordray had named Leandra English, the CFPB’s Chief of Staff,...more

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