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Sheila Bair
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Sheila Bair
Chairman of the Federal Deposit Insurance Corp.

Amid mounting concerns over the housing and financial markets, FDIC chief Sheila Bair has emerged as a leading figure in the high-profile battle against foreclosures by arguing that the federal government should do more to modify troubled loans.

Audio Commentary

Photo: Jeffrey MacMillan for USN&WR
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"While there are no magic bullets and a multiprong effort is indeed needed, the core issue is lowering borrowers' monthly payments."

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Bio

Date of Birth: 4/3/1954
Hometown: Independence, Kan.
Education: B.A. in philosophy, University of Kansas; J.D., Univ. of Kansas School of Law

Trivia

Sheila Bair once worked for what prominent former senator from Kansas? (Bob Dole)

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