FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-22 02:09:23 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：Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
- Next：Brewers starter Joe Ross leaves after first inning vs. Marlins with lower back strain
Related articles
- Defending champion South Carolina to open season in Las Vegas against Michigan
- Call for schools soft drink ban renewed after government implements cellphone ban
- EDITORIAL: BOJ must ensure price stability after change in monetary policy
- Ruby Franke: Parenting advice YouTuber given maximum sentence for child abuse
- Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
- EDITORIAL: Sustained wage hike trend also vital for smaller companies
- EDITORIAL: Hong Kong’s security ordinance will strangle city’s society, economy
- Harrison Ford's Star Wars script sells at auction
- Target starts price war with Walmart by slashing the cost of 5,000 popular items
- Internal Affairs Minister Brooke van Velden's emergency services levy briefings kept secret
- Defending champion South Carolina to open season in Las Vegas against Michigan
- Media minister Melissa Lee says interviews would have been 'boring'
- London police say chemical attacker presumed dead
- Government 'looking at' mining on DOC lands
- Kid Rock 'uses N
- RTHK using AI presenters to 'enhance productivity,' relieve staff shortage
- EDITORIAL: Shinkansen extension raises concerns about costs, impact
- 100 days since Hamas attacked Israel, triggering war in Gaza
- Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit
- US Supreme Court lets $2.46 billion Boy Scouts sex abuse settlement proceed
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,World Wander news portal sitemap