The Federal Deposit Insurance Corporation named five new members to its Systemic Resolution Advisory Committee on Thursday… [including] former President at Goldman Sachs and White House National Economic Council, Gary Cohn. Comprised of 16 members total, the Systemic Resolution Advisory Committee provides guidance to the FDIC on systemically important financial institutions. The committee was created as part of the Dodd-Frank Act. “The FDIC is fortunate to have these distinguished individuals join this advisory committee,” said FDIC Chairman Jelena McWilliams in a statement. “Their collective knowledge will be a tremendously valuable resource for us to draw on.”
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