FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-22 04:14:52 Source：Stellar Signals 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：Digital technologies restore looks of 2,200
- Next：'Real life' Martha from Baby Reindeer's million
Related articles
- Pregnancy app used by the NHS accused of 'imposing gender ideology'
- Princess of Wales Kate having chemotherapy after cancer discovery
- Christopher Luxon arrives in Wellington ahead of potential coalition announcement
- Companies 'not interested' in public
- Julian Assange's five
- Public sector workers 'angry, annoyed' at government job cuts
- Alleged MediaWorks hack sees 2.5m Kiwis' data stolen
- Gunmen kill at least 60 in attack at concert hall near Moscow
- Investigators return to Long Island home of Gilgo Beach serial killing suspect
- Electoral Commission probes concerns about voting at Te Pāti Māori candidate's marae
- Celebrity tequila brands, like George Clooney
- Public sector workers 'angry, annoyed' at government job cuts
- Auckland's rail operators promise city's trains will run more smoothly
- The 96th Annual Academy Awards
- This Week: Home sales, Fed meeting minutes and consumer sentiment index
- Harris blames Trump for abortion ban in Arizona
- Ministers to mark 75 years of NATO, discuss more support for Ukraine
- 'More than safe passage, a destination'
- Digital technologies restore looks of 2,200
- Killer whale vs shark: Solo orca eats great white
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,Stellar Signals news portal sitemap