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Indian-American nominated to key administration post in US


Washington: Assigning a key duty to yet another Indian-America in his government, the US President Donal Trump on Friday nominated Bimal Patel as the Assistant Secretary of the Treasury for Financial Institutions.

Patel, who lived in Georgia, is having experience of working in financial advisory and regulation sector and is currently serving as Deputy Assistant Secretary of the Treasury for the Financial Stability Oversight Council of the country.

He worked with O’Melveny and Myers LLP before being inducted in the US Treasury Department, the White House said.

Similarly, Patel also worked as a senior advisor to Director Jeremiah O Norton on the Board of Directors of the Federal Deposit Insurance Corporation, as per the report. Later, he entered into teaching profession and joined as an adjunct associate professor at Stanford University.

After passing out his BA from Stanford University, Patel earned his MPP from the Kennedy School of Government at Harvard University and later did JD from the Georgetown University Law Center, says reports.

Patel is considered as an expert in banking regulation.

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