The Bipartisan Policy Center today announced that Roy Woodall, Jr., the first independent member of the Financial Stability Oversight Council (FSOC), is joining the organization as a fellow. In this role, he will provide his insight and expertise on insurance regulation, financial stability, and pensions.
“Roy is a terrific addition to BPC’s work on economic policy. His years of experience in both industry and government provide him with an exceptional understanding of insurance regulatory issues. He will be of great value to our research and recommendations,” said Shai Akabas, BPC director of economic policy.
Mr. Woodall has enjoyed a long and distinguished career, serving in both the private and public sector, including positions under Republican and Democratic administrations. He held leadership positions, serving as the Kentucky insurance commissioner, president of the National Association of Life Companies, and chief counsel for state relations at the American Council of Life Insurers.
Woodall became an insurance consultant for the Congressional Research Service in 2001. A year later, he joined the Treasury Department as a temporary employee to assist in implementing the Terrorism Risk Insurance Act of 2002, and became the first employee of the Federal Insurance Office. Most recently, Woodall served from 2011 until 2018 as the sole independent voting member of FSOC, which was established by the Dodd-Frank financial regulation reform law.