WASHINGTON, D.C. – U.S. Senator Jerry Moran (R-Kan.) issued the following statement today following President Obama’s nomination of Tom Hoenig to become the Vice Chairman of the Federal Deposit Insurance Corporation (FDIC):
“I commend President Obama on his fine choice for this important job. I appreciate Tom Hoenig as a friend, advisor and independent thinker, and believe his experience and character will be of value to the FDIC Board as they continue their important work.”
Mr. Hoenig worked at the Federal Reserve Bank of Kansas City for nearly four decades, spending the last 20 years as President before retiring from that position on September 30, 2011. He is a graduate of Benedictine College in Atchison, Kansas.