Rebroadcast: Diane Rehm Interviews Sheila Bair | WAMU 88.5 - American University Radio

Rebroadcast: Diane Rehm Interviews Sheila Bair

Diane Rehm talks with Sheila Bair, who recently stepped down as chair of the Federal Deposit Insurance Corporation. The agency watches over banks and insures deposits. Bair played a key role in the Obama administration's response to the financial crisis that began in earnest in 2008. Bair has been credited with sounding the alarm on sub-prime mortgages. She has also clashed with other regulators - and the White House - and remains opposed to bank bailouts. Reflecting on the tumultuous period she served, she said the FDIC's job is "to protect bank customers, not banks."


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