Hoenig Starts Six-Year Term at FDIC

Tom Hoenig now officially designated as vice chairman of the Federal Deposit Insurance Corp. and will serve a six-year term ending on March 29, 2018.

Hoenig previously spent 38 years at the Federal Reserve Bank, most recently as president of the Federal Reserve Bank of Kansas City, reaching the organization’s mandatory retirement age of 65 in October 2011. Soon after Hoenig retired, President Obama nominated him for the FDIC board.

Read more on Kansas City Business Journal.

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