Former FDIC Chair Sheila C. Bair to Join Pew as Senior Advisor

WASHINGTON, July 8, 2011 /PRNewswire-USNewswire/ -- The Pew Charitable Trusts announced today that former FDIC Chairman Sheila C. Bair will be joining its staff as a senior advisor providing advice and counsel on the ways that federal, state and local governments can best ensure fiscal and economic stability and family financial security. 

Ms. Bair's extensive career in banking and finance has demonstrated her commitment to serving the public interest – from Capitol Hill, to academia, to the highest levels of government. Before joining the FDIC in 2006, she was the Dean's Professor of Financial Regulatory Policy for the Isenberg School of Management at the University of Massachusetts-Amherst since 2002.

Other professional contributions include serving as Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury (2001 to 2002), Senior Vice President for Government Relations of the New York Stock Exchange (1995 to 2000), a Commissioner and Acting Chairman of the Commodity Futures Trading Commission (1991 to 1995), and Research Director, Deputy Counsel and Counsel to Senate Majority Leader Robert Dole (1981 to 1988).

"Pew is delighted and honored that Former Chairman Bair is joining us to work on a range of economic policy initiatives," said Rebecca W. Rimel, Chief Executive Officer of The Pew Charitable Trusts. "She will be an asset to our ongoing projects as well as assist in exploring new lines of work. Her distinguished career in public service as well as her expertise and knowledge of economic policy and financial markets will be a benefit to Pew, its work and the citizens we serve."

The Pew Charitable Trusts, through its Pew Center on the States and Pew Health Group, is a leading source of independent analysis and research on federal and state economic policy issues and has advanced significant financial consumer protection initiatives.

Former FDIC Chairman Sheila C. Bair said, "I'm proud to be joining an organization with such a strong legacy and non partisan reputation.  This is an exciting step, and I look forward to continuing to advance good public policy goals through my work at this prestigious organization." 

The Pew Charitable Trusts is driven by the power of knowledge to solve today's most challenging problems. Pew applies a rigorous, analytical approach to improve public policy, inform the public and stimulate civic life. We partner with a diverse range of donors, public and private organizations and concerned citizens who share our commitment to fact-based solutions and goal-driven investments to improve society. www.pewtrusts.org

SOURCE The Pew Charitable Trusts