Kirsten Gillibrand, Joni Ernst introduce bill to strip federal pensions from convicted sex criminals in wake of FDIC sexual harassment report
Sens. Joni Ernst (R-Iowa) and Kirsten Gillibrand (N.Y.) are introducing legislation this week that would force federal employees convicted of certain sex crimes to have their pensions forfeited. . Federal agents convicted of treason, sedition, espionage, and other acts of subversion have already Banned From receiving pensions saved by taxpayers. The bill, called the “Prohibit […]
Top Democrat stands behind FDIC chief
In a statement, Waters slammed the third-party investigation into sexual harassment and misconduct at the FDIC, saying it has disproportionately focused on the agency’s current Democratic leadership and that his investigation argued that it was not enough. republican party predecessors. Waters admitted, cultural flaw He told the FDIC that the report “‘Tone at the Top’ […]
Biden’s Labor chief calls FDIC revelations ‘clearly horrific’
Acting Labor Secretary Julie Su said in a hearing Thursday that the revelations arising from the major banking regulator’s investigation into sexual harassment and discrimination allegations are “obviously horrifying.” During a tense interrogation by U.S. Sen. John Kennedy (R-Louisiana), Suh was questioned about the investigation into the Federal Deposit Insurance Corporation (FDIC), which has a […]
Maxine Waters backs FDIC chair after sexual harassment report
The top Democrat on the House Financial Services Committee said an independent investigation into sexual harassment and fraud at the Federal Deposit Insurance Corporation (FDIC) has disproportionately focused on the agency’s current Democratic leadership, and his Republican predecessor. He strongly criticized the third-party investigation, arguing that it was not enough for the government. In a […]
FDIC chair faces calls to resign after sexual harassment reports at regulator
Federal Deposit Insurance Corporation Chairman Martin Gruenberg said in the wake of a scathing 234-page report released Tuesday that reveals widespread sexual harassment and other misconduct plaguing federal banking regulators. Calls for his resignation are pouring in. The damning report, released in November by the law firm Cleary Gottlieb Steen & Hamilton and inspired by […]
FDIC Probe Shows Sexual Harassment, Toxic Workplace
Federal Deposit Insurance Corporation (FDIC) Chairman Martin J. Gruenberg attends a meeting of the U.S. Treasury Department’s Financial Stability Oversight Council in Washington, DC, December 14, 2023. (Photo by Drew Angerer/Getty Images) OAN’s Chloe Hawkswell5:45 PM – Wednesday, May 8, 2024 The Federal Deposit Insurance Corporation (FDIC) fails to provide a safe workplace due to […]
FDIC chief facing pressure to resign after scathing report
A damning report about the profligate work culture at the Federal Deposit Insurance Corporation (FDIC) confirms that years of sexual harassment that has plagued the agency has been uncovered, prompting top banking regulator Martin Gruenberg to facing pressure to resign. Following an investigation by the law firm Cleary Gottlieb Steen & Hamilton, top Republicans on […]
FDIC probe finds widespread sexual misconduct: sources
A damning independent report released Tuesday says the Federal Deposit Insurance Corporation must undergo sweeping reforms to address widespread sexual harassment and other misconduct, raising questions about the future of the banking regulator’s leadership. is being cast. The report, conducted in November in the wake of a Wall Street Journal investigation, cited testimony from more […]
Republicans Call on FDIC Chairman to Resign in Wake of ‘Abusive’ Conduct at Agency
Republicans on Tuesday called for FDIC Chairman Martin Gruenberg to resign over a report detailing “hostile, abusive, unprofessional, or inappropriate conduct” at the agency he oversees. I asked for An independent review of the Federal Deposit Insurance Corporation (FDIC), conducted by Cleary Gottlieb Steen & Hamilton, was described as “hostile, abusive and unprofessional.” The report […]
Revelations from the FDIC report on sexual harassment, toxic workplace
An investigation by a law firm finds that the Federal Deposit Insurance Corporation fails to provide a safe workplace from fear of sexual harassment, discrimination and retaliation, and calls on federal banking regulators to make “necessary” cultural and structural changes. Ta. review, conducted by Cleary Gottlieb Steen & Hamilton, harshly criticized the FDIC’s toxic work […]