Sheila Bair

Quick Facts

Full Name	Sheila Bair
Occupation	Economist
Date Of Birth	Apr 3, 1954(1954-04-03)
Age	70
Birthplace	Wichita
Country	United States
Horoscope	Aries

Sheila Bair Biography

Sheila Bair is one of the most popular and richest Economist who was born on April 3, 1954 in Wichita, United States. Sheila Colleen Bair (born April 3 1954) was the 19th Chair of the U.S. Federal Deposit Insurance Corporation (FDIC) at the time of the time she took on an active part in the response of the government in the aftermath of 2008’s crisis. She was appointed for a five-year period on June 26th of 2006 . She was appointed by George W. Bush.

As of 2009, Bair received the honor of being named among Time magazine’s “Time 100” most influential individuals. in 2008, Bair placed first in The Wall St. Journal’s annual “Women to Watch List.” Both in 2008 and 2009 Forbes listed her as the second-highest-powered female on the planet, just behind German Chancellor Angela Merkel. Forbes also described the FDIC Office in the form of “the last stop for capital-starved banks (and their insured customers) before going under.”

Bair left the FDIC on July 8, 2011, when her five-year term expired. She became a senior advisor to The Pew Charitable Trusts in August 2011. She is founding chair of the Systemic Risk Council, a volunteer effort formed by the CFA Institute and the Pew Charitable Trusts to monitor and comment on regulation. Her New York Times bestseller Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself was published September 25, 2012. Bair has also written two books for children that encourage savings: Rock, Brock and the Savings Shock (2006) and Isabel’s Car Wash (2008). Since leaving government service, Bair has served as an independent director on a number of corporate boards including Host Hotels (2012 to present) Thomson Reuters (2014 to present), Banco Santander, (2014 to 2015), the Industrial and Commercial Bank of China (March 2017 to March 2020), Bunge LTD (November 2019 to present) and Fannie Mae (Aug 2019 to present). She was criticized for joining the board of Santander, a Spanish banking group, which critics viewed as inconsistent with her public views on the “revolving door.” She has also served on a number of nonprofit boards, including as a founding director of the Volcker Alliance, the Center for Responsible Lending, the Rand Corporation, and the National Women’s Law Center.

On March 29, 2012 Bair was honored by the Romney Institute of Public Management (BYU Marriott School of Management) as the Administrator of the Year.

The year 2009 was the time that Bair got the Consumer Federation’s Philip Hart Public Service Award.

Sheila Bair Net Worth

Sheila Bair is one of the richest Economist from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Sheila Bair 's net worth $5 Million. (Last Update: December 11, 2023)

Bair is from Independence, Kansas. Her dad, Albert, was a surgeon. The mother of the family, Clara, was a housewife and nurse. She graduated with a Bachelor’s Degree in Philosophy at the University of Kansas in 1975 and then worked as bank teller for a short time, before obtaining an J.D. in law from the University of Kansas School of Law in the year 1978. The following year, she was enlisted to serve as counsel by senator Bob Dole, a Republican from the state of Kansas and was selected to be counsel for his team in Washington.

Before her position at the FDIC, Bair was the Dean’s Professor of Financial Regulatory Policy for the Isenberg School of Management at the University of Massachusetts Amherst, the position she had been in since 2002. Bair also served as the Assistant Secretary of Financial Institutions at the U.S. Department of the Treasury (2001 until 2002) and Senior Vice President of Government Relations for the New York Stock Exchange (1995 until 2000) and a Commissioner as well as acting Chairman for the Commodity Futures Trading Commission (1991 until 1995) as well as Research Director as well as Deputy Counsel and Counsel of Kansas Republican Senate Minority Chairman Bob Dole (1981 to 1988). While a professor, Bair also served on the FDIC’s Advisory Committee on Banking Policy. Bair was also a candidate for an appointment to Congress. U.S. Congress (she lost the 1990 Republican nomination for the 5th Kansas district by 760 votes to Dick Nichols). Bair started her career at the General Counsel’s Office of the previous U.S. Department of Health, Education, and Welfare.

In a fictional TV movie about the crises, Patricia Randell played Bair in the 2011 HBO movie Too Big to Fail, based on the popular book of the same name by New York Times journalist Andrew Ross Sorkin.

Height, Weight & Body Measurements

Sheila Bair height Not available right now. Sheila weight Not Known & body measurements will update soon.

Who is Sheila Bair Dating?

According to our records, Sheila Bair married to Scott P. Cooper. As of December 1, 2023, Sheila Bair’s is not dating anyone.

Relationships Record : We have no records of past relationships for Sheila Bair. You may help us to build the dating records for Sheila Bair!

Facts & Trivia

Sheila Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in United States. Sheila Bair celebrates birthday on April 3 of every year.

What is Sheila Bair doing now?

Since leaving government service, Bair has served on a number of corporate boards. She is currently on the boards of Bunge Limited, Lion Electric, and Fannie Mae. In November 2020, Bair was named the first woman Chair of Fannie Mae’s board of directors.

Who is Sheila Bair?

Sheila Bair. In 2020, at age 66, Bair became the first female chair of the mortgage loan company Fannie Mae after serving on the board since 2019. She was chair of the Federal Deposit Insurance Corp from 2006 to 2011, a crucial role during the 2008 financial crisis.

Who was president during FDIC?

Signing the 1933 Act On June 16, 1933, President Roosevelt signed the act that created the FDIC.

Does the FDIC still exist today?

Since 1933, no depositor has ever lost a penny of FDIC-insured funds. Today, the FDIC insures up to $250,000 per depositor per FDIC-insured bank. An FDIC-insured account is the safest place for consumers to keep their money. Learn more about deposit insurance here.

How many banks failed 1933?

Between 1930 and 1933, about 9,000 banks failed— 4,000 in 1933 alone. By March 4, 1933, the banks in every state were either temporarily closed or operating under restrictions. On March 6, the day after his inauguration, President Franklin D.