Alex Barrage, a partner in Troutman Pepper Locke’s Financial Services Industry Group, was quoted in the February 6, 2025 Banking Dive article, “Concerns Mount Over FDIC Staffing Challenges.”
Bank examiners go through “a rigorous and continuous training process,” Alexandra Steinberg Barrage, a partner at law firm Troutman Pepper Locke and former FDIC executive, said in an email. Cultivated over time, their expertise is guided by senior examiners with decades of training and experience under their belts, she said.
“Losing the pipeline of young talent coupled with an exodus of the most highly experienced retirement-eligible senior examiners poses an even greater challenge to the FDIC’s ability to meet its mission,” Steinberg Barrage said. “It hampers the ability of supervisors to ensure banks remain safe and sound, and also the ability to identify and address risks early enough to mitigate the risk of bank failure.”
