FDIC Chair Faces Pressure From Lawmakers to Resign Over New Misconduct Claims

FDIC officials encouraged Chair Martin Gruenberg to recuse himself from any investigations or reviews.
FDIC Chair Faces Pressure From Lawmakers to Resign Over New Misconduct Claims
Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation, testifies before the House Financial Services Committee in Washington on Nov. 15, 2023. Madalina Vasiliu/The Epoch Times
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Martin Gruenberg, Federal Deposit Insurance Corp. (FDIC) chairman, is facing growing pressure from Republican lawmakers to resign over additional claims that the top U.S. banking regulator tolerated a toxic environment and inappropriate behavior.

Two reports published by The Wall Street Journal last week revealed a climate of alleged workplace misconduct and sexual harassment. According to the newspaper’s reporting, which featured interviews with more than 100 current and former employees, an agency official left a voicemail cursing at an employee.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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