FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-21 21:27:39 Source：Earthly Exploits 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：Here comes the char
- Next：Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry
Related articles
- Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
- Policies can create growth momentum
- Phillies put hot
- Horrifying moment car rams into ultra
- Sarah Jessica Parker divides opinion with enormous hat on set of And Just Like That
- Brewers' Jakob Junis hit in neck by line drive in batting practice, taken to hospital
- Iowa lawmakers address immigration, religious freedom and taxes in 2024 session
- Stalker bodybuilder, 32, is branded a monster by his girlfriend after he smashed up her house
- Colin Jost left red
- GOP lawsuits over voting creates shadow war ahead of the election
- Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
- 'Openly Jewish' charity chief says Met boss Mark Rowley has 'failed abjectly' to stand up for Jews
- Facing pressure from rights groups, World Bank suspends funding for Tanzania tourism project
- Fish farm develops into tourist hotspot in exploration of modern aquaculture
- Macron is making a surprise trip to New Caledonia amid deadly unrest and indigenous frustration
- Orioles put outfielder Austin Hays on injured list and cut Peyton Burdick
- Is Hayley Atwell pregnant? Tom Cruise's ex, 42, cradles her tummy during romantic Venetian mini
- Policies can create growth momentum
- Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue
- Seattle hospital won't turn over gender
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,Earthly Exploits news portal sitemap