People

Sheila Bair

Sheila Bair

Formal First Name
Sheila
Link
Dates
4/3/1954 - present

Sheila Bair was the 19th Chair of the U.S. Federal Deposit Insurance Corporation. In response to the financial crisis, she developed innovative and stabilizing programs that provided temporary liquidity guarantees to unfreeze credit markets and increased deposit insurance limits. Her work at the FDIC also focused on consumer protection and economic inclusion. Bair has demonstrated experience in banking and finance, academia, and the highest levels of government.

Professional Experience


Academic History

  • Bair has been recognized for her innovative initiatives to make college more accessible and affordable.
  • She is a frequent commentator and op-ed contributor on financial regulation and the student debt crisis.
  • In 2007, she was a prescient advocate for systematic loan modifications to stem the coming tidal wave of foreclosures.
  • She championed the seminal research on small-dollar loan programs, and the formation of broad-based alliances in nine regional markets to bring underserved populations into the financial mainstream.
  • She has appeared as a guest on Real Vision.


APPOINTMENTS

  • Bair is the founding chair of the Systemic Risk Council, which monitors and advocates for reforms to promote financial stability.
  • She is a founding board member of The Volcker Alliance, established to build trust and promote high standards in government.
  • She also serves on the board of Paxos, a blockchain technology trust company, and as an advisor to several fintech startups. 
  • She also serves as a board member and advisor to various public and private companies, including Fannie Mae Corp.


HONORS

  • 2nd Most Powerful Woman in the World by Forbes Magazine, 2008 and 2009
  • Distinguished Achievement Award
  • Association of Education Publishers 2005
  • Personal Service Feature of the Year
  • Author of the Month Awards
  • Highlights Magazine for Children 2002, 2003 and 2004
  • The Treasury Medal 2002
  • University of Kansas Women’s Hall of Fame
  • Distinguished Kansan Award from the Native Sons and Daughters of Kansas in 2011
  • Women to Watch List by The Wall Street Journal 2008
  • Time Magazine’s “Time 100″ most influential people in 2009
  • John F. Kennedy Profile in Courage Award
  • Hubert H. Humphrey Civil Rights Award
  • Better Business Bureau’s Presidents’ Award 2010