Statement from American Fintech Council (AFC) CEO Phil Goldfeder on Travis Hill’s Confirmation as Chairman of the Federal Deposit Insurance Corporation (FDIC)

“Congratulations to our great friend and partner Travis Hill on his confirmation as Chairman of the Federal Deposit Insurance Corporation (FDIC). Our collaboration with Travis started many months ago as acting chairman, where he proved immediately to be a pragmatic, forward-thinking leader with a clear understanding of how responsible innovation can expand access, strengthen consumer protections, and modernize financial services.

“At a time when families are relying on new financial tools to manage everyday expenses and build long-term financial stability, strong and engaged leadership at the FDIC is essential to maintaining trust in the banking system, protecting consumers, and ensuring regulation keeps pace with how families actually use financial services. Chairman Hill has demonstrated a commitment to regulatory clarity and collaboration with banks and responsible fintech partners alike working to deliver safe, affordable, and transparent products in a rapidly evolving marketplace.

“As a standards-based organization that embraces appropriate regulation, AFC and our members look forward to continuing our work with Chairman Hill to support a resilient, competitive financial services ecosystem that protects consumers while encouraging continued responsible innovation.”

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