A 30 Year History of the Financial Crisis

Thomas M. Hoenig, Former Vice Chairman of the Federal Deposit Insurance Corporation and Former President of the Federal Reserve Bank of Kansas City, shared his experience handling the financial crisis. 

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About Mr. Hoenig

Thomas HoenigThomas M. Hoenig was the Vice Chairman of the FDIC from November 30, 2012 to April 30, 2018. Concurrently as Vice Chairman of the FDIC, he also served as President of the International Association of Deposit Insurers (IADI) from 2015 to 2017. Prior to joining the FDIC Board, from 1991 to 2011 Mr. Hoenig was the President of the Federal Reserve Bank of Kansas City and a Member of the Federal Reserve System's Federal Open Market Committee. Mr. Hoenig was with the Federal Reserve for 38 years, beginning as an economist and then as a senior officer in banking supervision during the U.S. banking crisis of the 1980s. Mr. Hoenig received a doctorate in economics from Iowa State University.