Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho), member and former Chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs, issued the following statement on the White House's intention to nominate Travis Hill to serve as a Member and Vice Chair of the Board of Directors at the Federal Deposit Insurance Corporation (FDIC).
“Travis is a highly talented, respected individual who is exceptionally qualified to serve as Vice Chair and a Member of the Board at the FDIC. Throughout his time at the Senate Banking Committee and the FDIC, he demonstrated an understanding of the need to tailor regulation to risk in order to promote economic lending, and safety and soundness. He also helped to pass legislation making it easier for consumers to get mortgages and obtain credit, while also increasing important protections for veterans, senior citizens, victims of fraud and those who fall on hard financial times. I congratulate him on this well-deserved nomination.”