FDIC

FDIC Chairman Martin Gruenberg announced he will resign following an investigation that uncovered widespread sexual harassment at the agency, bowing to bipartisan pressure for new leadership. 

Today’s News  A recent investigation into the Federal Deposit Insurance Corp. (FDIC) has uncovered a pervasive culture of sexual harassment, discrimination, and misconduct within the agency. Conducted by law firm Cleary Gottlieb Steen & Hamilton, the report paints a troubling picture of a workplace where wrongdoers often evade accountability, with some even being promoted or […]