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Federal Deposit Insurance Corp. Chair Martin Gruenberg announces plans to resign once successor is nominated, confirmed

Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg announced Monday that he will step down as soon as his successor is confirmed by the Senate, after multiple reports revealed a culture of sexual harassment, misconduct and retaliation at the agency under his leadership. Gruenberg’s announcement comes after months of pressure from members of Congress and […]

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 […]

Pro-Israel protesters call on ‘traitor’ Chuck Schumer to resign: ‘Chuck the Chuck’

Dozens of Israel supporters protested outside the office of “traitor” Senate Majority Leader Chuck Schumer in Manhattan on Friday, calling for him to resign after accusing him of “conspiring” against Israel, and anti-Semitism They asked people to remain silent as the outbreak raged across campus. The demonstration came days after a New York state senator […]

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 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 […]

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 […]

Dean Phillips becomes first Democrat to call for Cuellar to resign

Rep. Dean Phillips (D-Minn.) on Friday became the first Democrat to call for Rep. Henry Cuellar (D-Texas) to resign in light of the Department of Justice (DOJ) indictment against him and his wife. Became a member of the Diet. “While the bar for federal prosecution is high, confidence in our government is low,” Phillips wrote […]