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New FDIC chair sworn in

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New Federal Deposit Insurance Corp. Chairwoman Jelena McWilliams was sworn in Tuesday.

McWilliams, President Donald Trump’s nominee for the job, succeeds Martin Gruenberg, the FDIC’s chairman since 2012.

A member of the FDIC board since 2005, Gruenberg could stay on as vice chairman.

Read more from The Hill.

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