FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-21 23:54:30 Source：World Wander 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：Analysis: Larson enters conversation with Verstappen as best drivers in the world
- Next：Kristin Cavallari, 37, ignores critics of her age
Related articles
- Britain's new bonkers EV: Callum Skye is an £80k electric buggy built in Warwickshire
- Dr. Cyril Wecht, famed forensic pathologist who argued more than 1 shooter killed JFK, dies at 93
- Indonesian police raid drug lab in Bali villa
- I'm a forensic researcher who studies rapists
- Iran helicopter crash: President Raisi, the supreme leader's protege, dies at 63
- Hairdresser introduces chat
- Violent protests continue in Pakistan
- 8 watches owned by Formula One great Michael Schumacher are going up for auction
- Benedict Cumberbatch looks suave as he joins his co
- Notorious people smuggler wanted in Europe arrested in northern Iraq
- Jerry Seinfeld's stand
- Why taxpayers shouldn't have to fork out for entitled millennials' lavish weddings
- Intel exec on bringing artificial intelligence into the workplace
- Evri issues warning over huge rise in smishing scams
- Climber found dead on Denali, North America's tallest peak
- People told me I looked deformed after my cosmetic procedures
- 20 of the best villas in Portugal (from £27 per person a night)
- Collapsing billboard kills 3 and hurts 59 in heavy rains in Mumbai. Scores might be trapped
- Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
- Whoa Nelly! Rose Zhang wins Founders Cup to end Korda’s record
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,World Wander news portal sitemap