Sheila Bair: “Bull by the Horns” | The Diane Rehm Show from WAMU and NPR.
Sheila Bair describes the 2008 financial crisis and its aftermath as she saw it during her time as chairman of the Federal Deposit Insurance Corporation. She explains why the U.S. financial system is still at risk and tougher regulatory reform is needed.
Sheila Bair is the former Chairman of the FDIC (Federal Deposit Insurance Corporation). In 2008 and 2009, Forbes named her the second most powerful woman in the world (behind Germany’s Angela Merkel), and in 2009, Time named her one of its “100 Most Influential People.” She has been covered—and lauded—everywhere from The New Yorker to The Washington Post to The Wall Street Journal and has received numerous awards for her leadership of the FDIC, including the Kennedy Library’s Profiles in Courage Award. Prior to assuming her post at the FDIC, Bair served as a top advisor to former Senate Majority Leader Robert Dole, as Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury, and as Senior Vice President for Government Relations of the New York Stock Exchange.
