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 […]
18 States Sue Biden Administration over Transgender Workplace Mandates

On Monday, 18 states filed a lawsuit against the Biden administration, accusing it of illegally enforcing pro-trans rules against businesses and their employees. The attorneys general of 18 states, mainly Tennessee, lawsuit It argued against the Equal Employment Opportunity Commission (EEOC) and the Department of Justice, arguing that the government was attempting to “enact comprehensive […]
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 […]
Congress should reject the Democrats’ workplace micromanagement bill

Union leaders are important financial supporters of the Democratic Party; billions of dollars Union dues paid to Democratic Party candidates each election period. To keep the gravy train moving into the 2024 election cycle, Senate Democrats have introduced a new bill that would give bureaucrats and union leaders sweeping new powers over workplaces. Republicans should […]
Franchises unbowed by Biden’s push for easier workplace unionization

Business franchising in America continues to increase, with almost a solid decade of recent growth. The number of franchise establishments grew from 697,943 in 2013 to 806,270 a decade later, and will rise to an estimated 821,589 establishments this year, according to Statista data. Franchised businesses are often stereotyped as fast-food establishments. The type of […]
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 […]
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 […]
FDIC chair apologizes to staff after probe finds toxic workplace culture

FDIC Chairman Martin Gruenberg said Tuesday that a law firm’s investigation confirmed a report alleging widespread sexual misconduct, lewd behavior and retaliatory administrative actions at the federal banking regulator. He then apologized to the staff. “I would like to once again express my deepest regrets to those who have experienced sexual harassment or other misconduct […]
Fani Willis’s former boyfriend Nathan Wade defends workplace romance with Trump prosecutor

Former Fulton County special prosecutor Nathan Wade defended his romantic relationship that threatened to derail one of four criminal trials involving former President Donald Trump. Wade said his relationship with Fulton County District Attorney Fani Willis wasn’t out of the ordinary for any workplace in the country, after he was forced resigned from the Fulton […]
New federal transgender rules place women’s workplace rights ‘under attack,’ EEOC commissioner charges

The Equal Employment Opportunity Commission faces backlash with new guidance detailing how employers can be held liable for harassment if they require employees to use the restroom that corresponds to their biological sex. caused it. “Women’s sexual rights in the workplace are also under attack from the EEOC, the federal agency responsible for protecting women […]