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Seidman said he was offered the FDIC's top job.

April 03, 1985

William Seidman, dean of the Arizona State University business school, emerged as President Reagan's apparent choice to become the next chairman of the Federal Deposit Insurance Corp., according to the Phoenix Gazette. Seidman told the newspaper that he had been offered the FDIC chairmanship and intended to take the job, "subject to the usual checks and my confirmation by the Senate." Seidman, who served as an assistant to President Ford for economic affairs, will replace William Isaac, a Carter Administration holdover whose six-year term at the FDIC expired more than a year ago.

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