washington jam clinger pick president donald trump june head federal deposit insurance corporation announce wednesday withdraw name consideration ask remove president pick head u.s. bank regulator cite family-related issue ... sense regret ask white house withdraw nomination conclude family-related obligations prompt leave government service early year grow challenge interim incompatible demand lead important federal agency like fdic clinger say statement clinger spend two decades republican staff member house financial service committee nominate post june withdrawal setback trump administration president say top priorities include ease rule bank sector spur economic growth fdic chairman play key role supervise bank well determine large financial institutions credible live will detail could take apart financial crisis martin gruenberg current fdic chairman appoint president obama plan serve term expire november leave committee november clinger serve committee chief republican counsel since 2007 time staffer panel go back 1995. spend two years serve deputy assistant attorney general justice department 2005 2007. shortly clinger nominate senior administration official tout extensive experience bank policy brief call reporters describe pragmatic well-informed policymaker trump 's pick head u.s. bank regulator withdraw