White House Goes Back to the Future With FDIC Chair Pick Gruenberg

White House Goes Back to the Future With FDIC Chair Pick Gruenberg


CoinDesk
2022-11-14 22:27:59

President Joe Biden has chosen to nominate Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg to return to the chairmanship he held in previous administrations. The FDIC will have a key role in how crypto will mesh with the U.S. banking system and significant influence over how stablecoin rules are eventually implemented.