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About

Jonathan McKernan

Jonathan McKernan

Jonathan McKernan was sworn in as a member of the Board of Directors of the Federal Deposit Insurance Corporation on January 5, 2023. Mr. McKernan previously was a Counsel to Ranking Member Pat Toomey (R-PA) on the staff of the Senate Committee on Banking, Housing, and Urban Affairs from 2021 to 2022. He also has served as a Senior Counsel at the Federal Housing Finance Agency from 2019 to 2021, a Senior Policy Advisor at the Department of the Treasury from 2018 to 2019, and a Senior Financial Policy Advisor to Senator Bob Corker (R-TN) from 2017 to 2018.

Prior to his government service, from 2007 to 2017, Mr. McKernan was an attorney in private practice focused on matters under the banking and consumer financial laws.

Director McKernan also serves as co–chairman of a Special Committee overseeing an independent third-party review into allegations of sexual harassment and professional misconduct at the FDIC, as well as issues relating to the workplace culture at the agency.

Mr. McKernan holds a Bachelor of Arts and Master of Arts in economics from the University of Tennessee and a Juris Doctor with High Honors from the Duke University School of Law.

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Speeches, Statements & Testimony

Statement by Jonathan McKernan, Director, FDIC, Board of Directors, on the Proposed Brokered Deposit Restrictions
Statement by Jonathan McKernan, Director, FDIC, Board of Directors, on the Final Guidance for Resolution Plan Submissions of Triennial Full Filers
Statement by Jonathan McKernan, Director, FDIC, Board of Directors, on the Proposed Amendments to the Change in Bank Control Act Framework
Statement by Jonathan McKernan, Director, FDIC, Board of Directors, on the Proposed Amendments to Industrial Bank Rules
Joint Statement of Michael J. Hsu and Jonathan McKernan, Directors, FDIC Board of Directors before the Committee on Financial Services, United States House of Representatives
Remarks by Jonathan McKernan, Director, FDIC Board of Directors on "Oversight of the FDIC's Failed Leadership and Toxic Workplace Culture" before the Committee on Financial Services, United States House of Representatives
Statement by Jonathan McKernan, Director, FDIC, Board of Directors, on His Proposal to Enhance Monitoring of Compliance with Passivity Commitments and Other Conditions in FDIC-Control Comfort
Statement by Jonathan McKernan, Director, FDIC, Board of Directors, on the Proposed Statement of Policy on Bank Merger Transactions
Remarks by Jonathan McKernan, Director, FDIC Board of Directors, at the Session on Financial Regulation at the Annual Meeting of the Association of American Law Schools
Remarks by Jonathan McKernan, Director, FDIC Board of Directors, at ISDA’s Conference on Trading Book Capital: Basel III Implementation
Joint Statement by Vice Chairman Travis Hill and Director Jonathan McKernan on Independent Review of FDIC Workplace Culture
Statement by Jonathan McKernan, Director, FDIC Board of Directors, on the FDIC Workplace Culture
Statement by Jonathan McKernan, Director, FDIC Board of Directors on Climate Risk Guidance
Statement by Jonathan McKernan, Director, FDIC, Board of Directors on the Final Rule Implementing the Community Reinvestment Act
Remarks by Jonathan McKernan, Director, FDIC Board of Directors, at the New York State Bar Association and Mayer Brown on the Basel Endgame and Long-Term Debt Proposals
Statement by Jonathan McKernan, Director, FDIC Board of Directors, on the Proposed Guidelines Establishing Standards for Corporate Governance and Risk Management
Statement by Jonathan McKernan, Director, FDIC Board of Directors, on the Proposed Guidance for Resolution Plan Submissions of Triennial Full Filers
Statement by Jonathan McKernan, Director, FDIC Board of Directors, on the Proposed Resolution Submission Requirements for Certain Insured Depository Institutions
Statement by Jonathan McKernan, Director, FDIC Board of Directors, on Reinstating Board Oversight over Failed-Bank Resolutions
Statement by Jonathan McKernan, Director, FDIC Board of Directors, on the Proposed Long-term Debt Requirements for Certain Banking Organizations
Statement by Jonathan McKernan, Member, FDIC Board of Directors, on the Proposed Amendments to the Capital Framework
Statement by Jonathan McKernan, Director, FDIC Board of Directors, on Third-Party Risk Management Guidance
Statement by Jonathan McKernan, Member, FDIC Board of Directors on the Proposed Special Assessment
Statement by Jonathan McKernan, Member, FDIC Board of Directors, On Resolution of First Republic Bank

Last Updated: June 12, 2024