Michael Bradfield appointed FDIC General Counsel MortgagePress.comMichael Bradfield, Sheila C. Bair, FDIC, FDIC Board of Directors
FDIC Chairman Sheila C. Bair has announced the appointment of
Michael Bradfield as the agency's new general counsel. The
appointment was unanimously approved by the FDIC Board of Directors
and is effective immediately.
Chairman Bair, in announcing the appointment, said, "I'm very
pleased to have Mr. Bradfield join the FDIC. His depth of knowledge
of domestic and international banking issues as well as his
extensive expertise at the Federal Reserve Board and the U.S.
Treasury will serve the FDIC well at a critical time."
The FDIC General Counsel is in charge of the Legal Division,
which is responsible for legal work on regulatory issues, as well
as FDIC transactions, litigation, and corporate and commercial
claims. The Legal Division currently has 520 employees
While a partner at Jones, Day, Mr. Bradfield concentrated on
domestic and international banking, mergers and acquisitions,
federal bank regulatory matters, and international trade.
Mr. Bradfield served as General Counsel of the Federal Reserve
Board in Washington, serving as counsel to Chairman Paul Volcker
and Chairman Alan Greenspan. He was responsible for the legal work
of the Board, including the legal aspects of monetary policy
formulation, regulation, litigation, enforcement, administration,
Before becoming the Federal Reserve's General Counsel, Mr.
Bradfield was in private law practice with Cole Corrette &
Bradfield. From 1968 to 1975, he served as Assistant General
Counsel of the Treasury Department where he participated in the
formulation of international monetary and trade policy. He also
worked with the Multilateral Development Banks and the
International Monetary Fund.
Mr. Bradfield received his BA from Union College in Schenectady,
New York, and an MA in International Affairs and a JD from Columbia
For more information, visit www.fdic.gov.