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WASHINGTON - JUNE 30: Outgoing Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair testifies during a hearing before the Senate Banking, Housing and Urban Affairs Committee June 30, 2011 on Capitol Hill in Washington, DC. Bair warned... View Photo »
WASHINGTON - JUNE 30: Committee ranking member Sen. Richard Shelby (R-AL) (R) speaks as Chairman Sen. Tim Johnson (D-SD) (L) and Outgoing Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair (C) listen during a hearing before the Senate... View Photo »
Federal Deposit Insurance Corporation Chairman Sheila Bair (R) greets committee chairman Senator Tim Johnson (D-SD) (L) and ranking member Senator Richard Shelby (R-AL) (C) as she arrives to testify before the Senate Banking Committee on Capitol Hill... View Photo »
Federal Deposit Insurance Corporation Chairman Sheila Bair (R) receives a note from an aide as she testifies before the Senate Banking Committee on Capitol Hill in Washington, June 30, 2011. Bair said lawmakers are playing a "dangerous game" by raising... View Photo »
Federal Deposit Insurance Corporation Chairman Sheila Bair ponders a question as she testifies before the Senate Banking Committee on Capitol Hill in Washington, June 30, 2011. Bair said lawmakers are playing a "dangerous game" by raising the... View Photo »
Federal Deposit Insurance Corporation Chairman Sheila Bair smiles as she takes her seat to testify before the Senate Banking Committee on Capitol Hill in Washington, June 30, 2011. Bair said lawmakers are playing a "dangerous game" by raising the... View Photo »
Outgoing Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair testifies on Capitol Hill in Washington, Thursday, June 30, 2011, before the Senate Banking Committee hearing on the condition of the FDIC. View Photo »
WASHINGTON, DC - JUNE 24: Federal Deposit Insurance Corporation Chairwoman Sheila Bair speaks at the National Press Club Newsmaker Luncheon June 24, 2011 in Washington, DC. Bair, in one of her final appearances as head of the FDIC, spoke and fielded... View Photo »
U.S. Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair gestures as she testifies before the House Oversight and Government Reform TARP, Financial Services, and the Bailout of Public and Private Programs Subcommittee hearing on Capitol Hill... View Photo »
FDIC Chairman Sheila Bair prepares to testify before the House Oversight and Government Reform TARP, Financial Services, and the Bailout of Public and Private Programs Subcommittee hearing on Capitol Hill in Washington June 22, 2011. View Photo »
Sheila Bair, Chairman of the Federal Deposit Insurance Corporation smiles during a House Financial Services Committee hearing on financial regulatory reform on Capitol Hill in Washington, June 16, 2011. View Photo »
Daniel Tarullo, (C) Governor on the Board of Governors of the Federal Reserve System speaks alongside Treasury Undersecretary for International Affairs Lael Brainard (L) and Sheila Bair, Chairman of the Federal Deposit Insurance Corporation during a House... View Photo »
Sheila Bair, (L) Chairman of the Federal Deposit Insurance Corporation, speaks alongside Mary Schapiro (C), Chairman of the Securities and Exchange Commission and Gary Gensler, chairman of the Commodity Futures Trading Commission during a House Financial... View Photo »
Sheila Bair, (C), Chairman of the Federal Deposit Insurance Corporation, speaks alongside Daniel Tarullo, (L), Governor on the Board of Governors of the Federal Reserve System, and Mary Schapiro, Chairman of the Securities and Exchange Commission during... View Photo »
(L-R) Daniel Tarullo, Governor on the Board of Governors of the Federal Reserve System, Sheila Bair, Chairman of the Federal Deposit Insurance Corporation, Mary Schapiro, Chairman of the Securities and Exchange Commission and Gary Gensler, Chairman of the... View Photo »
WASHINGTON, DC - MAY 26: Federal Deposit Insurance Corporation Chairman Shelia Bair talks with the House Financial Services Committee's Financial Institution and Consumer Credit Subcommittee Chairwoman Shelley Moore Capito (R-WV) before a hearing on... View Photo »
WASHINGTON, DC - MAY 26: Federal Deposit Insurance Corporation Chairman Shelia Bair prepares to testify before the House Financial Services Committee's Financial Institution and Consumer Credit Subcommittee on Capitol Hill May 26, 2011 in Washington, DC. View Photo »
Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair testifies on Capitol Hill in Washington, Thursday, May 26, 2011, before the House Financial Institutions and Consumer Credit subcommittee hearing on oversight of the FDIC. View Photo »
Federal Deposit Insurance Corporation Chairman Sheila Bair responds to a question during her last scheduled news briefing at FDIC headquarters in Washington May 24, 2011. U.S. bank earnings reached their highest level in the first quarter since the... View Photo »
Federal Deposit Insurance Corporation Chairman Sheila Bair listens to a question during her last scheduled news briefing at FDIC headquarters in Washington, May 24, 2011. View Photo »
Sheila Colleen Bair (born April 3, 1954) is the Chairman of the U.S. Federal Deposit Insurance Corporation (FDIC). She was appointed to the post for a five-year term on June 26, 2006 by George W. Bush. Bair will also serve as a member of the FDIC Board of Directors through July 2013. In 2008 Forbes ranked her as the second most powerful woman in... Full Article
WASHINGTON - JUNE 30: Committee ranking member Sen. Richard Shelby (R-AL) (R) speaks as Chairman Sen. Tim Johnson (D-SD) (L) and Outgoing Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair (C) listen during a hearing before the Senate Banking, Housing and Urban Affairs...
View Photo »Federal Deposit Insurance Corporation Chairman Sheila Bair (R) greets committee chairman Senator Tim Johnson (D-SD) (L) and ranking member Senator Richard Shelby (R-AL) (C) as she arrives to testify before the Senate Banking Committee on Capitol Hill in Washington, June 30, 2011. Bair...
View Photo »Federal Deposit Insurance Corporation Chairman Sheila Bair (R) receives a note from an aide as she testifies before the Senate Banking Committee on Capitol Hill in Washington, June 30, 2011. Bair said lawmakers are playing a "dangerous game" by raising the possibility that the U.S. debt...
View Photo »WASHINGTON, DC - JUNE 24: Federal Deposit Insurance Corporation Chairwoman Sheila Bair speaks at the National Press Club Newsmaker Luncheon June 24, 2011 in Washington, DC. Bair, in one of her final appearances as head of the FDIC, spoke and fielded questions regarding both the U.S....
View Photo »FDIC Chairman Sheila Bair prepares to testify before the House Oversight and Government Reform TARP, Financial Services, and the Bailout of Public and Private Programs Subcommittee hearing on Capitol Hill in Washington June 22, 2011.
View Photo »Sheila Bair, Chairman of the Federal Deposit Insurance Corporation smiles during a House Financial Services Committee hearing on financial regulatory reform on Capitol Hill in Washington, June 16, 2011.
View Photo »Daniel Tarullo, (C) Governor on the Board of Governors of the Federal Reserve System speaks alongside Treasury Undersecretary for International Affairs Lael Brainard (L) and Sheila Bair, Chairman of the Federal Deposit Insurance Corporation during a House Financial Services Committee hearing...
View Photo »Sheila Bair, (L) Chairman of the Federal Deposit Insurance Corporation, speaks alongside Mary Schapiro (C), Chairman of the Securities and Exchange Commission and Gary Gensler, chairman of the Commodity Futures Trading Commission during a House Financial Services Committee hearing on financial...
View Photo »Sheila Bair, (C), Chairman of the Federal Deposit Insurance Corporation, speaks alongside Daniel Tarullo, (L), Governor on the Board of Governors of the Federal Reserve System, and Mary Schapiro, Chairman of the Securities and Exchange Commission during a House Financial Services Committee...
View Photo »WASHINGTON, DC - MAY 26: Federal Deposit Insurance Corporation Chairman Shelia Bair talks with the House Financial Services Committee's Financial Institution and Consumer Credit Subcommittee Chairwoman Shelley Moore Capito (R-WV) before a hearing on Capitol Hill May 26, 2011 in...
View Photo »WASHINGTON, DC - MAY 26: Federal Deposit Insurance Corporation Chairman Shelia Bair prepares to testify before the House Financial Services Committee's Financial Institution and Consumer Credit Subcommittee on Capitol Hill May 26, 2011 in Washington, DC. This was Bair's last appearance...
View Photo »An aide brings water to Federal Deposit Insurance Corporation Chairman Sheila Bair (R) as she holds her last scheduled news briefing at FDIC headquarters in Washington May 24, 2011.
View Photo »U.S. Federal Deposit Insurance Corporation Chairman Sheila Bair (L), Securities and Exchange Commission Chairman Mary Schapiro (C) and Commodity Futures Trading Commission Chairman Gary Gensler talk prior to testifying before the Senate Banking Committee hearing on oversight of Dodd-Frank...
View Photo »WASHINGTON - MAY 12: (L-R) Deputy U.S. Treasury Secretary Neal Wolin, Federal Reserve Chairman Ben Bernanke, Federal Deposit Insurance Corporation Chairman Sheila Bair, and Securities and Exchange Commission Chairman Mary Schapiro testify during a hearing before Senate Banking,...
View Photo »WASHINGTON - MAY 12: Federal Deposit Insurance Corporation Chairman Sheila Bair (L) and Securities and Exchange Commission Chairman Mary Schapiro (R) testify during a hearing before Senate Banking, Housing and Urban Affairs Committee May 12, 2011 on Capitol Hill in Washington, DC. The...
View Photo »U.S. Federal Reserve Chairman Ben Bernanke (L) looks on as Federal Deposit Insurance Corporation Chairman Sheila Bair (R) testifies before the Senate Banking Committee hearing on oversight of Dodd-Frank Wall Street reform and consumer protection implementation, on Capitol Hill in Washington...
View Photo »U.S. Federal Deposit Insurance Corporation Chairman Sheila Bair (L) smiles with Securities and Exchange Commission Chairman Mary Schapiro (R) as they arrive to testify before the Senate Banking Committee hearing on oversight of Dodd-Frank Wall Street reform and consumer protection implementation,...
View Photo »WASHINGTON - MAY 12: (L-R) Deputy U.S. Treasury Secretary Neal Wolin, Federal Reserve Chairman Ben Bernanke, and Federal Deposit Insurance Corporation Chairman Sheila Bair testify during a hearing before Senate Banking, Housing and Urban Affairs Committee May 12, 2011 on Capitol Hill...
View Photo »WASHINGTON - MAY 12: (L-R) Deputy U.S. Treasury Secretary Neal Wolin, Federal Reserve Chairman Ben Bernanke, Federal Deposit Insurance Corporation Chairman Sheila Bair, Securities and Exchange Commission Chairman Mary Schapiro, Commodity Futures Trading Commission Chairman Gary...
View Photo »Outgoing FDIC Chair Sheila Bair testifies on Capitol Hill in Washington on Thursday, May 12, 2011, before a Senate Banking Committee hearing on the status the Dodd-Frank implementation.
View Photo »Sheila Bair, chairman, Federal Deposit Insurance Corporation speaks at the Independent Community Bankers of America's (ICBA) 2011 National Convention and Techworld in San Diego, California March 22, 2011.
View Photo »U.S. Federal Deposit Insurance Corporation Chairman Sheila Bair (L) and Securities and Exchange Commission Chairman Mary Schapiro (R) arrive for a meeting of the Financial Stability Oversight Council at the Treasury Department in Washington March 17, 2011.
View Photo »Sheila Bair, chairman of the Federal Deposit Insurance Corp. , speaks during a Reuters Finance Summit in Washington on February 28, 2011.
View Photo »Sheila Bair, chairman of the Federal Deposit Insurance Corp. , speaks during the Reuters Future Face of Finance Summit in Washington February 28, 2011. Bair said a lack of international coordination and the economic recovery could hinder new capital rules.
View Photo »WASHINGTON, DC - FEBRUARY 23: Federal Deposit Insurance Corporation Chairman Sheila Bair walks through a projector's light beam after holding a news conference at the FDIC February 23, 2011 in Washington, DC. Bair announced the bank and thrift industry earnings for the fourth quarter...
View Photo »WASHINGTON - JUNE 30: Committee ranking member Sen. Richard Shelby (R-AL) (R) speaks as Chairman Sen. Tim Johnson (D-SD) (L) and Outgoing Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair (C) listen during a hearing before the Senate Banking, Housing and Urban Affairs...
View Photo »The FDIC has a long history of stability and safety
