Jonathan McKernan | FDIC.gov
Summary
An FDIC.gov biography says Jonathan McKernan was sworn in as a member of the FDIC Board of Directors on January 5, 2023. McKernan previously was Counsel to Ranking Member Pat Toomey (R-PA) on the staff of the Senate Committee on Banking, Housing, and Urban Affairs, a Senior Counsel at the Federal Housing Finance Agency, a Senior Policy Advisor at the Department of the Treasury and a Senior Financial Policy Advisor to Senator Bob Corker (R-TN), and earlier practiced banking and consumer financial law. From November 2023 to May 2024 McKernan co-chaired a Special Committee of the Board that oversaw an independent third-party review of allegations of sexual harassment and professional misconduct at the FDIC. The page lists speeches and statements dated January 5, 2024 through December 27, 2024 and was last updated December 27, 2024.
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Jonathan McKernan was sworn in as a member of the Board of Directors on January 5, 2023. Mr. McKernan previously was a Counsel to Ranking Member Pat Toomey (R-PA) on the staff of the Senate Committee on Banking, Housing, and Urban Affairs. He also has served as a Senior Counsel at the Federal Housing Finance Agency, a Senior Policy Advisor at the Department of the Treasury, and a Senior Financial Policy Advisor to Senator Bob Corker (R-TN). Prior to his government service, Mr. McKernan was an attorney in private practice focused on matters under the banking and consumer financial laws. From November 2023 to May 2024, Director McKernan served as co–chairman of a Special Committee of the Board that oversaw an independent third-party review of allegations of sexual harassment and professional misconduct at the FDIC, as well as issues relating to the FDIC’s workplace culture. Mr. McKernan holds a Bachelor of Arts and Master of Arts in economics from the University of Tennessee and a Juris Doctor with High Honors from the Duke University School of Law. Download Photo Speeches, Statements & Testimony December 27, 2024 Monitoring the Passivity of Index Fund Complexes: Vanguard’s New Passivity Agreement November 12, 2024 Progress toward Overdue Accountability September 17, 2024 Oversight of Culture Transformation Efforts September 17, 2024 Final Statement of Policy on Bank Merger Transactions September 17, 2024 Proposed Recordkeeping for Custodial Accounts August 28, 2024 Prompt Accountability for Misconduct by FDIC Executives July 30, 2024 Proposed Brokered Deposit Restrictions July 30, 2024 Final Guidance for Resolution Plan Submissions of Triennial Full Filers July 30, 2024 Proposed Amendments to Industrial Bank Rules July 30, 2024 Proposed Amendments to the Change in Bank Control Act Framework June 12, 2024 “Oversight of the FDIC’s Failed Leadership and Toxic Workplace Culture” June 12, 2024 Joint Statement before the Committee on Financial Services, United States House of Representatives May 7, 2024 FDIC Special Review Committee Releases Independent Report on Workplace Misconduct and Culture April 25, 2024 Proposal to Enhance Monitoring of Compliance with Passivity Commitments and Other Conditions in FDIC-Control Comfort March 22, 2024 FDIC Special Committee of the Board of Directors Appoints Three Non-Voting Members March 21, 2024 Proposed Statement of Policy on Bank Merger Transactions February 15, 2024 Special Committee Provides Update on Third-Party Review January 5, 2024 Remarks at the Session on Financial Regulation Last Updated: December 27, 2024
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