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Senate Banking Committee Chair Sherrod Brown (D-Ohio) called on President Biden on Monday to replace the chair of the Federal Deposit Insurance Corporation (FDIC) in the wake of reports of a toxic workplace environment at the agency.



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Key Senate Democrat calls for new leadership at FDIC

The most powerful Democrat in Congress on banking and financial issues called for President Joe Biden to replace the chairman of the Federal Deposit Insurance Corp_ on Monday, saying the agency is broken and there must be “fundamental changes at the FDIC.”

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Top Democrat calls for Biden to replace FDIC chairman to fix agency's 'toxic culture'

Senate Banking Committee Chairman Sherrod Brown called for new leadership at the troubled Federal Deposit Insurance Corporation Monday, urging President Joe Biden to immediately nominate someone to replace current Chairman Martin Gruenberg.

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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 Ban…

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The White House says FDIC chairman to step down following report on agency’s toxic workplace culture

The most powerful Democrat in Congress on banking and financial issues called for President Joe Biden to replace the chairman of the Federal Deposit Insurance Corp. on Monday, saying the agency is broken and there must be “fundamental changes."

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Sen. Sherrod Brown, a Democrat who heads the Senate Banking Committee, is calling for a leadership overhaul at the Federal Deposit Insurance Corporation following a scathing 234-page report released last week that detailed pervasive sexual harassment, discrimination and bullying at the agency.

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Senate Banking Committee Chair calls for ‘new leadership’ at the FDIC following scathing report

By Elisabeth Buchwald, CNN New York (CNN) — Sen. Sherrod Brown, a Democrat who heads the Senate Banking Committee, is calling for a leadership overhaul at the Federal Deposit Insurance Corporation following a scathing 234-page report released earlier this month that detailed pervasive sexual harassment, discrimination and bullying at the agency. Brown stopped short of explicitly calling for FDIC Chair Martin Gruenberg, who was appointed by Presi…

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Sherrod Brown, the most powerful Democrat in Congress on banking and financial issue,s called for President Biden to replace the chairman of the Federal Deposit Insurance Corp. on Monday, saying the agency is broken and there must be “fundamental changes at the FDIC.”

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Murdoch family

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Top Democrat calls for Biden to replace FDIC chairman to fix agency’s ‘toxic culture’

Senate Banking Committee Chair Sherrod Brown (D-Ohio) called on President Biden on Monday to replace the chair of the Federal Deposit Insurance Corporation (FDIC) in the wake of reports of a toxic workplace environment at the agency. Brown is the highest ranking Democratic lawmaker to call for the resignation or replacement of FDIC Chair Martin…

Senate Banking chief calls on Biden to replace FDIC chair after sexual harassment probe

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NEW YORK (AP) -- The most powerful Democrat in Congress on banking and financial issues called for President Joe Biden to replace the chairman of the Federal Deposit Insurance Corp. on Monday, saying the agency is broken and there must be "fundamental changes at the FDIC."

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Senate Banking chief calls on Biden to replace FDIC chair after sexual harassment probe

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