Top FDIC official Milhorn takes job leading state bank-regulatory group

FDIC
Federal Deposit Insurance Corp. Vice Chair Travis Hill's deputy, Brandon Milhorn, has been named CEO and president of the Conference of State Bank Supervisors, effective Dec. 4. Milhorn had previously served in top roles at the FDIC under former Chair Jelena McWilliams.
Bloomberg News

WASHINGTON — FDIC Vice Chairman Travis Hill's top staffer Brandon Milhorn is taking a new job as president and CEO of the Conference of State Bank Supervisors — a leading voice for state bank regulators.

"On behalf of the Board of Directors, we are excited to welcome Brandon Milhorn as our next CEO," said CSBS Board Chair and North Dakota Department of Financial Institutions Commissioner Lise Kruse in a press release. "The Board and staff look forward to working with him in service to our members nationwide and in collaboration with our partners in Washington." 

Milhorn, who joined the FDIC as Hill's deputy in February, is slated to assume his new position Jan. 1. Milhorn had previously worked at the FDIC in various leadership positions under former FDIC Chair Jelena McWilliams. According to the release, Milhorn brings over two decades of experience in the advocacy, policy, legal and regulatory fields, including stints with defense contractor Raytheon and over a decade as counsel to the U.S. Senate's Committee on Homeland Security and Governmental Affairs, the U.S. Senate's Committee on Intelligence and the CIA.

Milhorn, who is a Tennessee native and graduate of Cornell Law School, succeeds James M. Cooper, who is leaving CSBS after being named CEO last year following the sudden death of CSBS President John W. Ryan in May 2022.

"CSBS members serve as the cornerstone of the dual-banking system, supervising the financial services that are the lifeblood of the United States economy," said Milhorn. "For more than a century CSBS has provided the advocacy, education and infrastructure critical to support our members' vital mission. I am honored to join the dedicated CSBS team as its next CEO, and I am grateful for the trust of our members and the Board of Directors." 

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