FDIC Chairman Resigns After Agency Rocked By Workplace Harassment Report
Federal Deposit Insurance Corporation (FDIC) Chairman Martin Grunberg announced Monday that he is resigning following an external investigation into workplace harassment and misconduct. Gruenberg tendered his resignation on Monday after the report was released. according to to the New York Post.of report The Cleary Gottlieb Steen & Hamilton law firm cited harassment and misconduct from […]
Democrats Putting Politics over Protecting FDIC Workers
Republicans said Monday that the Biden administration is putting politics above protecting employees at the Federal Deposit Insurance Corp. (FDIC) as Democrats seek to secure control of the embattled agency. FDIC Chairman Martin Gruenberg said he would step down once a replacement has been chosen. “In light of recent events, I am prepared to step […]
FDIC Chair Martin Gruenberg to resign after sex-harassment scandal at agency
Federal Deposit Insurance Corp. Chairman Martin Gruenberg finally announced his resignation Monday following a months-long scandal over sexual harassment and other misconduct at the top banking regulator. Gruenberg said he will step down from his role once a replacement has been confirmed. The White House will name a replacement for Mr. Gruenberg, deputy press secretary […]
Senate Banking chief calls on Biden to replace FDIC chair after sexual harassment probe
Senate Banking Committee Chairman Sherrod Brown (D-Ohio) on Monday called on President Biden to replace the chairman of the Federal Deposit Insurance Corporation (FDIC) following reports of a toxic work environment at the agency. Mr. Brown is the most senior Democrat to seek the resignation or replacement of FDIC Chairman Martin Gruenberg, the Democrat whom […]
Sen. Sherrod Brown calls for Biden to replace FDIC chairman to fix agency’s ‘toxic culture’
The most powerful Democrats in Congress on banking and financial issues on Monday called on President Biden to replace the chairman of the Federal Deposit Insurance Corporation, calling it dysfunctional and calling for “fundamental changes to the FDIC.” ” was necessary. Sen. Sherrod Brown (D-Ohio), chairman of the Senate Banking Committee, criticized Chairman Martin Gruenberg […]
Senators allege partisan politics, double standards in response to FDIC scandal
Republican and Democratic senators on Thursday accused each other of playing partisan politics in response to reports about a toxic workplace culture at the Federal Deposit Insurance Corporation (FDIC). Republican lawmakers across the board are calling for FDIC Chairman Martin Gruenberg (Democratic) to resign, but there is disagreement within the Democratic Party over the response, […]
FDIC Chair Gruenberg refuses to resign
Check out what’s being clicked on FoxBusiness.com Federal Deposit Insurance Corp. Chairman Martin Gruenberg vowed Wednesday to skeptical lawmakers that he would address not just his own conduct, but also the deep cultural problems at his agency. But lawmakers expressed doubts about whether the banking supervisor, who has held leadership roles at the agency for […]
FDIC Chair Martin Gruenberg scolded for ‘hubris’ by Rep. Patrick McHenry after sexual harassment report
Martin Gruenberg, chairman of the embattled Federal Deposit Insurance Corporation (FDIC), was fronting the House Financial Services Committee on Wednesday morning following a scathing report of widespread sexual harassment and discrimination at his agency. I took a seat. “Coming to the floor today is not an act of courage. It’s an act of hubris,” Financial […]
FDIC Chair Martin Gruenberg apologizes for toxic workplace culture
Federal Deposit Insurance Corp. Chairman Martin Gruenberg vowed Wednesday to skeptical lawmakers that he would address not just his own conduct, but also deep cultural problems at his agency. But lawmakers expressed doubts about whether the banking supervisor, who has held leadership roles at the agency for nearly two decades and has been the subject […]
Democrats Face Steep Hurdles to Replace FDIC Chairman in Wake of ‘Abusive’ Conduct at Agency
President Joe Biden and Congressional Democrats have released an explosive report detailing “abuses” and “unprofessional conduct” at the Federal Deposit Insurance Corporation (FDIC), which oversees the Federal Deposit Insurance Corporation (FDIC). If the company decides to replace Chairman Martin Gruenberg in response to this, it will likely face a high hurdle. House Republican Tom Emmer […]