FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-21 21:51:22 Source：Culture Corner 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：US overdose deaths dropped in 2023, the first time since 2018
- Next：Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
Related articles
- Colton Herta shows speed as Honda fights back in penultimate Indy 500 practice session
- LeBron James UNFOLLOWS Diddy on Instagram after video of assault on ex
- Sarah Jessica Parker divides opinion with enormous hat on set of And Just Like That
- I'm a cruise ship worker...these are the FIVE things smart passengers always do onboard
- Company wins court ruling to continue development of Michigan factory serving EV industry
- Dali cargo ship is finally brought back to port
- These hilarious notices will make you do a double take
- Christopher Reeve Super/Man documentary
- Bichette has 4 hits, Berríos snaps 4
- Celebrity tequila brands, like George Clooney
- Kid Rock 'uses N
- China vows to actively promote restoration of int'l flights
- How Robert F. Kennedy Jr. could make the first debate stage
- Auburn running back Brian Battie on ventilator after weekend shooting in Florida, coach says
- Ship that caused Baltimore bridge collapse has been refloated
- Grant Shapps vows he WILL find more planes for mass parachute drop to mark 80th anniversary of D
- Iran helicopter crash: President Raisi, the supreme leader's protege, dies at 63
- Ravens sign WR Qadir Ismail, the son of former NFL receiver Qadry Ismail
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Germany's foreign minister visits Kyiv as Ukraine battles to hold off a Russian offensive
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,Culture Corner news portal sitemap