FDIC Chair Resigns, Claims Democrat Hostile Takeover

Effective February 4, Jelena McWilliams will no longer be the FDIC Chair.

That announcement is concerning for two big reasons.

First, she was the only Republican on the board.

Second, she is now claiming that the Democrats on the board conducted a hostile takeover that is forcing her out.

Big Problems

Trump appointed McWilliams, so we knew she was going to have a hard time from the outset.

She was the only Republican on the panel, which is what led to the problems.

According to McWilliams, the Democrats on the board were trying to circumvent her authority regarding policy.

In her resignation letter, she stated, “Of the 20 chairmen who preceded me at the FDIC, nine faced a majority of the board members from the opposing party, including Mr. Gruenberg as chairman under President Trump until I replaced him as chairman in 2018.

“Never before has a majority of the board attempted to circumvent the chairman to pursue their own agenda.

“This conflict isn’t about bank mergers.

“If it were, board members would have been willing to work with me and the FDIC staff rather than attempt a hostile takeover of the FDIC internal processes, staff and board agenda.”

Joe Biden will now appoint her replacement, giving Democrats complete control of the banking system without any pushback from the minority at all.

When you consider how radical Joe Biden’s financial appointments have been to this point, this is beyond problematic.

We now have to hang on the hopes that at least one Democrat will push back against any radical appointment of Biden’s until Republicans can take back the Senate and lock down these seats until 2024.

Are you worried that Joe Biden may put a radical socialist in charge of the FDIC?

Tell us your thoughts in the comments section below.

Source: Fox News

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20 Responses

    1. And she just gave them complete control, her resignation. Do they leave when times get tough?

      1. I have said that many times, if you leave when they try to destroy America who is going to stop them? At least hand in there to find out what nefarious plan they have hatched and report it.

  1. BETTER PREPARE AS THE WAR STARTS
    AS PREDICTED IN THE BIBLE
    THE CRIMES AGAINST HUMANITY WILL INCREASE AND THE DEMON RATS WHO ARE IN CHARGE WILL GET WORSE
    THE WORSHIP A DEMON FALSE, FAKE IDOL WHO HATE GOD AND THERE FOR
    GOD WHO IS TRUE , JUST , HOLY WILL GIVE THEM OVER TO A DISQUEST, REPROBATE, DEPRAVED, UNHOLY VIEW OF LIFE , MINDSET
    THIS IS HOW GOD JUDGES
    HE LET S GO AND YOU COMMIT SIN OF YOUR OWN FREE WILL
    THIS IS WHY
    GOD DOES NOT DO THIS CRIME TO YOU
    YOU ARE LEFT TO YOUR OWN DIMISE
    SEEK GOD, CRY OUT TO GOD FOR FORGIVENESS
    ASK JESUS CHRIST TO BE YOUR SAVIOR , BE YOUR LITE , AND YOU MUST BELIEVE WITH YOUR WHOLE HEART THAT HE IS AND WILL SAVE YOU
    ETERNAL LIFE
    THEN YOU WILL BE FREE
    FREE NOT TO SIN
    FREE NOT TO FOLLOW THE EVIL WHO LEAD PEOPLE TO HELL AND DAMNATION
    FREE TO WORSHIP THE TRUE , ONLY ONE AND ONLY GOD ,
    READ . SEEK AS GOD TO REVEAL HIMSELF TO YOU

  2. Amen, and thank you for these beautiful and inspiring words. God has already blessed us, with people like you. To spread his words!

  3. You got Old demented J O E and Camala Hairless Now you rr going to get someone who will control money in this country. You better believe Christopher says above and turn your thoughts to GOD and not the communistic Demo rats that are in control now. You people have the control but you are afraid to use it. About 60 million people in this country say ” if you don’t mess with my family, my kids, my job, and my,dogs, beer or wine, I don’t care what they do to you.

    1. A good start for us conservative Bible believing Christians would be 2 Chronicles 7:14, “If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.”

      While this primarily concerned the ancient Israelites, I believe it is still profitable and applicable for the Christian Church today.

  4. It only gets worse,You can’t expect anything good from Biden and democrats.Take over and destroy
    God is in control my advice is stay in prayer.We will have nothing is his agenda..

  5. Corn Pop isn’t doing anything; he may well not know anything about it he will sign anything put in front of him by the communist radicals around him. The military will half to step in at some point Thay must know how dangerous he is to this country.

  6. One more step in the CCP takeover of America with the backing of the treasonous Bidens, Gates, Fauci and the democrats. It is time the patriot military stepped in and emptied the swamp into Gitmo for trials and hangings.

    1. You don’t have to worry about trials and hangings if you make corpses out of them all !!! IT’S TIME TO UNLEASH THE SOLDIERS OF THE LORD !!!! FJB !!!!

    2. Should we really want a military coup in the US seeing as how history has taught us that most military coups result in tyranny?

  7. I totally agree w/each one; God is in control and we must as Americans “ALL” Pray and stand together !
    This EVIL which is in our Government can only be fought with knowing and Praying to GOD “Jesus Save Us from these EVIL DEMs and RINOs” The FBI, DOJ, AG, CIA, Generals, MEDIA are “ALL” corrupt Hypocrites and out to get AMERICANs.
    So, Please America stay strong and PRAY.
    We, still have Jordan, Cruz, DeSantis, Abbott and Johnson who are strong “Thank YOU JESUS” Please protect these individuals and our FOX and News Max outlets.

  8. I look at it like this, if these people are going to do something, they better get it done before the midterms of 2022!!
    There is going to be a hell of a shellacking in the Democrap party. I wish I was elected president, it would be soooooo much fun to walk into the office of each one of the democraps in the FDIC, and say “you’re fired, get out”. And it would continue until there wasn’t a Democrap left that I had the authority to fire, then I would weaponize the DOJ to go after the rest. EVERYTHING, and I mean EVERYTHING this corrupt *administration has done, I would completely reverse!!
    Hey, don’t be upset with me, the stupid democraps that are in charge now are the ones who set the precedent!!
    LET’S GO BRANDON!!!!!!!!

  9. Now the Democrats can destroy the banking industry and take over our banking accounts. I am sure they will dip into our money and steal as much as they can. 1st question: “How much did you make? 2nd question. “Send it in.”

  10. The democrats have taken one more step in total control and that is not good news for the country I guess our only hope now is to turn back to God and ask for his forgiveness

  11. Rosie46

    Should we really want a military coup in the US seeing as how history has taught us that most result in tyranny? Should we want to send US citizens to GITMO for military tribunals and executions in violation of constitutional protections and US law?

    Should we have animus for the Constitution and US law? What treason is and where it’s found in US law? Is aliteracy and benightedness about such concepts conducive to constitutional conservatism? Should we advocate such conduct in the name of the Republic what we want or need?

    Please take some courses on the Constitution, US governance, and US history from Hillsdale College, a conservative constitutionalist Christian college which are online and free. You’d, as I have, find them most instructive.

    You’d learn about the rights and protections Americans have from government overreach and tyranny, or at least once had. You’d learn about the corruption and degradation of the Bill of Rights and which, if any (only 1, the Third – so far), are still intact. You’d also learn about the concepts of constitutional Due Process.

    Benightedness and aliteracy shouldn’t be desired so as to repeat alt-right approaches to ending what’s left of a once Constitutional Republic with a free market capitalist economy.

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