FDIC’s Hill Faces Discontent over Workplace Culture Effort, Job Cuts

Sen. Kennedy Now Backs FDIC Nominee

Sen. John Kennedy, R-La., said he now supports President Donald Trump's nominee to lead the Federal Deposit Insurance Corporation. Kennedy previously withheld his vote for Travis Hill until the agency provided a detailed account of how it addressed widespread workplace misconduct. "I intend to vote to confirm Mr. Travis Hill as FDIC Chairman," Kennedy said. "This is no country for creepy old men." As part of his support for Hill, Kennedy's offic…

FDIC’s Hill faces discontent over workplace culture effort, job cuts

Republican Sen. John Kennedy threatened to vote not to advance the acting chair’s nomination over “pretty words” but a lack of action. Sen. Elizabeth Warren slammed lagging updates on workforce reductions.

Hill’s FDIC Confirmation Hits Wall Amid Misconduct Fallout

Sen. John Kennedy, R-La., declared Thursday that he will withhold his vote for President Donald Trump's nominee to lead the Federal Deposit Insurance Corporation until the agency provides a detailed account of how it has addressed widespread workplace misconduct. Kennedy's move puts Travis Hill, the current acting chair of the FDIC, on uncertain footing in the Senate Banking Committee, potentially threatening his path to full confirmation. Durin…

'I have had enough': Senate Republican tells Trump nominee 'I wouldn't vote for you'

A Senate Banking Committee hearing grew heated when Sen. John Neely Kennedy (R-La.) erupted at one of President Donald Trump's nominees to head a key federal agency.Politico reported Thursday that Kennedy became visibly frustrated with acting Federal Deposit Insurance Corporation (FDIC) chairman Travis Hill while questioning him about FDIC workplace culture. Kennedy repeatedly pressed Hill on his plans for making the FDIC a less hostile workplac…

'I have had enough': Trump nominee gets a tongue-lashing from Senate Republican

A Senate Republican gave President Donald Trump's nominee to lead the Federal Deposit Insurance Corporation, or FDIC, a tongue-lashing on Thursday over allegations of widespread misconduct at the agency.Sen. John Kennedy (R-LA) expressed his annoyance that acting FDIC Chair Travis Hill — who Trump wants to lead the agency permanently — said no changes were underway after an external investigation in 2024 revealed "pervasive sexual harassment and…

Kennedy threatens 'no' vote for Hill over workplace scandal

Sen. John Kennedy, R-La., asked acting Federal Deposit Insurance Corp. Chair Travis Hill, who has been tapped to lead the agency permanently by President Donald Trump, for a report within 30 days about progress made in the agency's sexual harassment scandal, saying his vote is contingent on that report.