Jelena McWilliams, an immigrant born in the former Yugoslavia who moved to the U.S. on her 18th birthday, has been a quiet force for years in shaping Republican policy on the banking industry. Her stature is about to expand greatly. President Donald Trump, who has set a broad agenda to loosen financial regulation, nominated her last week to lead the Federal Deposit Insurance Corp., one of the biggest jobs overseeing the U.S. banking sector. The Senate must vote to confirm her before she can begin.

Source: Wall Street Journal December 08, 2017 11:26 UTC