FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-22 02:47:27 Source：Stellar Stories news portal
NEW YORK (AP) — The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down, a departure that follows the release earlier this month of a damning report about the agency’s toxic workplace culture.
The White House said Martin Gruenberg will step down once a successor is appointed and that President Joe Biden will name a replacement “soon.” The announcement came after the top Democrat on the Senate Banking Committee earlier Monday called for Gruenberg’s removal.
Biden expects the FDIC “to reflect the values of decency and integrity and to protect the rights and dignity of all employees,” Deputy Press Secretary Sam Michel said in a statement.
The FDIC is one of several U.S. banking system regulators. The Great Depression-era agency is best known for running the nation’s deposit insurance program, which insures Americans’ deposits up to $250,000 in case their bank fails.
- Previous：Culture festival showcases integration
- Next：Four people killed in a house explosion in southwestern Missouri
Related articles
- Flight attendant reveals why plane passengers should NEVER fall asleep before take off
- Google is combining its Android software and Pixel hardware divisions to more broadly integrate AI
- Taylor Swift teases Fortnight's black
- The US attempts a new military deal with Niger in a last ditch effort to stay
- The government wants to buy their flood
- Texas Attorney General Ken Paxton can be disciplined for suit to overturn 2020 election, court says
- California court to weigh in on fight over transgender ballot measure proposal language
- Man United player Garnacho apologizes for liking critical posts about Ten Hag
- Demi Moore, 61, says full
- The 20 best shows to watch On Demand this weekend
- Jodie Turner
- Claire Danes carries umbrella for bundled
- The Walking Dead star Tom Payne 'unexpectedly' welcomes TWINS with model wife Jennifer Akerman
- California court to weigh in on fight over transgender ballot measure proposal language
- Rays opening
- Taylor Swift teases Fortnight's black
- Eric Bana gets animated during AFL game between the St Kilda Saints and the Western Bulldogs
- 5,000 flee military raids on villages in Myanmar’s Sagaing region — Radio Free Asia
- BBC Countryfile star Adam Henson's wife wrote heartbreaking goodbye letters after cancer diagnosis
- NWSL champion Gotham FC sign German goalkeeper Ann
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,Stellar Stories news portal sitemap