Top Democrat Criticizes Report on Sexual Harassment at FDIC Amid Calls for Martin Gruenberg to Resign

Ms. Waters claimed the report places the focus for ’tone at the top' on the FDIC’s current leader while ignoring former chairs.

House Financial Services Committee Chair Maxine Waters (D-Calif.) during a hearing in the Rayburn House Office Building on Capitol Hill, on May 12, 2022. Chip Somodevilla/Getty Images

Congresswoman Maxine Waters (D-Calif.), the ranking Democrat on the House Financial Services Committee, has criticized a newly published investigation into claims of sexual harassment and misconduct at the Federal Deposit Insurance Corporation (FDIC).

In a press release on Thursday, Ms. Waters called the probe by law firm Cleary Gottlieb Steen & Hamilton into workplace culture at the agency “troubling.”