Thomas Hoenig Biography

Thomas Hoenig has over 40 years of expertise in the fields of economics, central banking, commercial bank supervision, and executive leadership. He is now regarded as one of the most credible and important thought leaders on the US financial system and economy. At the Federal Reserve Bank of Kansas City, where he started his career as an economist in 1973, Mr. Hoenig held a series of senior leadership and research supervision posts, including president and a chief executive officer from 1991 to 2011. From 2012 until 2018, Mr. Hoenig held the position of Vice Chairman of the Federal Deposit Insurance Corporation (FDIC), where he shared leadership of the organization's insurance and bank resolution activities. Over the course of his career, he has pointed out issues and proposed fixes for some of the most pressing difficulties the US financial system and economy are currently experiencing. He put out specific suggestions to lighten the regulatory burden on business, particularly as it related to regional and community banks. He worked with hundreds of institutions that were under intense asset quality and liquidity pressure and observed several economic and financial waves of panic throughout his career. He got the Independent Bankers of America's Main Street Champion award in 2011 as thanks for his efforts.

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