Tuesday , 21 May 2024
Home Finance Republicans Heap Pressure on FDIC’s Gruenberg Over Claims of Toxic Workplace 
Finance

Republicans Heap Pressure on FDIC’s Gruenberg Over Claims of Toxic Workplace 


Updated Nov. 16, 2023 7:15 pm ET

WASHINGTON—Republican senators called for Federal Deposit Insurance Corp. Chairman Martin Gruenberg to resign, while the GOP members of the agency’s board called for him to recuse himself from an investigation into allegations of a toxic workplace at the bank regulator.

The comments came after The Wall Street Journal reported on allegations that Gruenberg had turned a blind eye to misconduct at the agency and revealed that the work environment had driven many female bank examiners to quit over the years. The agency canceled a public meeting of its board that had been scheduled for Thursday. 

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Finance

More Cheese, Please: Farmers Are Squeezing Cows for Fattier Milk

Americans are eating more cheese and butter. That has dairy farmers scrambling...

Finance

South African opposition seeks to build on Cape Town success

Cape Town mayor Geordin Hill-Lewis gazed from the window of his office...

Finance

Japanese stocks rally as investors’ rate rise fears wane

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT,...

Finance

European Banks Brace for Testing Times After Peak in Interest Rates

Jan. 12, 2024 10:52 am ET European banks head into 2024 with...