PBGC Nominee to Navigate Concerns Over Agency’s Pension Bailouts

The nominee to head the federal government’s private pension insurer stands to lead an agency that is flush with cash, but first she must confront criticism of its work, including scrutiny of a mistaken overpayment of bailout funds to a Teamsters’ plan.

Deva Kyle has an insider’s view of the Pension Benefit Guaranty Corporation, as a former agency employee for 13 years who has also held government roles at the Treasury Department and the House of Representatives.

If confirmed by the Senate following her July 11 nomination, Kyle would bring a different background to the position than former director Gordon ...