Jelena McWilliams, appointed by President Donald Trump in 2018 as chairwoman of the Federal Deposit Insurance Corporation, has resigned from her post, just weeks after warning of a “hostile takeover” of the agency’s leadership by Democrats.
In a letter Friday to President Biden, McWilliams, a Serbian-born lawyer, and an immigrant to the U.S., said she would be leave at the beginning of February.
“Serving the American people alongside the dedicated career professionals of the FDIC has been the highlight of my professional life,” she wrote.
The letter did not specify a reason for McWilliams’s resignation. But in a Wall Street Journal op-ed in mid-December, she had warned of a “hostile takeover” of the agency’s board by Democratic officials.
Those officials had been butting heads with McWilliams in recent weeks over various procedural issues related to the leadership of the board.
Rohit Chopra, the director of the Consumer Finance Protection Bureau and a member of the FDIC board, had claimed earlier in December that McWilliams was stymying efforts by him and other Democratic-aligned officials to review bank merger rules.
This article was originally published by Just the News. Read the original article.

JusttheNews.com is committed to just reporting facts from journalists with a long record of public trust and excellence. In an era where opinion and supposition are too often substituted for fact and where journalists rush to get things first and hope their stories are correct, JusttheNews.com tries to stand out by returning to the bedrock promise of getting news first, but first getting it right. We try to deliver exclusive news you can trust.