Jeremiah Norton

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Jeremiah Norton
Occupation Board Member
Employer FDIC
Website www.fdic.gov

Jeremiah Norton is a a member of the Board of Directors of the Federal Deposit Insurance Corporation.[1]

Prior to joining the FDIC board, he was a JP Morgan Chase executive director. He was nominated by President Barack Obama in early February 2012 to fill an open position on the five-member board at the Federal Deposit Insurance Corporation (FDIC). His nomination was confirmed by the U.S. Senate on March 29, 2012.

Background

During his time at JP Morgan, Norton advised institutions on mergers and acquisitions. Before that, he was deputy assistant secretary for financial institutions policy at the U.S. Treasury Department from 2007 to 2009.[2] There he advised former Treasury Secretary Henry Paulson during the financial crisis. Norton was key to the TARP bank bailout and the takeover of Fannie Mae and Freddie Mac.[3] Norton also worked as a banking staffer for Rep. Edward Royce.[4]

Education

Norton received a juris doctor degree from the Georgetown University Law Center and an A.B. in economics from Duke University.[5]

References

  1. Prominent Role for Leverage Ratio in Capital Framework. Harvard Law School.
  2. U.S. Senate confirms top bank regulators. Reuters.
  3. Meet Jeremiah Norton: Wall Street banker, bailout architect, and Obama’s latest nominee. Washington Post.
  4. J.P. Morgan Banker Selected for FDIC. WSJ.
  5. FDIC-Board of Directors. {{{org}}}.