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 […]
Trans middle school athlete whose presence stirred protests is accused of sexual harassment

West Virginia high school track and field athlete Adalia Cross is joining a national Title IX lawsuit alleging that she was sexually harassed by a 13-year-old transgender teammate during practice and in the school locker room. BPJ, which refers to the transgender athlete at the center of this allegation and another lawsuit in West Virginia […]
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 […]
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 […]
NY Times editorial calls out chaos, failed leadership at colleges: Led to fear, harassment of Jewish students

The New York Times editorial board on Saturday criticized U.S. university administrators for letting anti-Israel protests get out of hand, leaving both Jewish students, faculty, and protesters “harassed.” “They are in direct danger,” he said. editorial They argue that students have the right to free speech and protest, but university leaders should intervene when disruption […]
Miss USA 2023 Noelia Voigt Resigns, Claims Toxic Work Environment Including ‘Bullying and Harassment’

Noelia Vogt, last year’s Miss USA pageant winner, resigned from her position this week, claiming she suffered “bullying and harassment” during her tenure. In her resignation letter, which was obtained by multiple news outlets, Noelia Vogt singled out Layla Rose, the president and CEO of Miss USA and Miss Teen USA, and said Rose was […]
Labor Secretary Dodges On Whether She’ll Probe Federal Entity Over Alleged Sexual Harassment And Bigotry

Acting Labor Secretary Julie Su declined to commit to investigating the Federal Deposit Insurance Corporation (FDIC), which is facing accusations of sexual harassment and discrimination. The FDIC’s culture is plagued with various inappropriate behaviors such as “sexual harassment, discrimination, and other interpersonal misconduct,” according to a Tuesday report by law firm Cleary Gottlieb Steen & Hamilton, […]
Eclipse CEO steps back amid harassment allegations – The Block

Eclipse CEO Neel Somani said in an X post Thursday that the company will “reduce its role” in Layer 2 projects, shortly after sexual harassment allegations against him resurfaced. But that doesn’t mean he won’t continue to be hands-on with Eclipse. “I never stepped back from my role,” Somani told The Block, hours after posting […]
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 […]