Trump Taps Travis Hill as Acting FDIC Chair

Travis Hill Photographer: Amanda Andrade-Rhoades/Bloomberg
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President Donald Trump picked Travis Hill to serve as the acting head of the Federal Deposit Insurance Corp., according to a statement.

Hill, a Republican, served as FDIC vice chairman. He criticized some of the proposals championed by former FDIC head Martin Gruenberg, who departed the agency on Jan. 19.