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’ focuses solely on the Democratic chair, under whose leadership the agency has received the highest ratings from staff, and that the activities of the previous two Republican members” is completely ignored,” he said. Chair. ”
Her support for Gruenberg puts her at odds with some of her colleagues on the House Financial Services Committee, particularly Rep. Bill Foster (D-Ill.), the top Democrat on the Financial Institutions subcommittee. There is.
Foster said earlier this week that he was “appalled” and “deeply disturbed” by the extensive sexual harassment and discrimination described in the report by law firm Cleary Gottlieb Steen & Hamilton. They called for Mr. Engberg’s resignation.
A number of Republicans in the House and Senate have already called for Gruenberg, a 20-year veteran of the FDIC who has held multiple positions within the agency, to resign.
A culture of sexual harassment and intimidation is a problem at the FDIC. many yearsa report by the regulator’s inspector general issued in 2020, documents it as far back as 2014.
The Hill’s Tobias Burns has the latest.
