“Marty, you’ve heard me say this to you directly: You should resign,” Sen #TimScott (R-SC), the top #Republican on the #Senate #Banking Cmte, said. “Your employees do not have confidence in you. And this is not a single incident. This spans over a decade+ of your leadership at the #FDIC.”

Sen #SherrodBrown (D-OH), chair of the Banking Cmte, called on Mon for “new leadership” at the FDIC to “fix the agency’s toxic culture & put the women & men who work there —& their mission— first.”

#Gruenberg

“These incidents, & many others like them, did not occur in a vacuum. They arose w/in a workplace culture that is ‘misogynistic,’ ‘patriarchal,’ ‘insular,’ & ‘outdated’— a ‘good ol’ boys’ club where favoritism is common, wagons are circled around managers, & snr executives w/well-known reputations for pursuing romantic relations w/subordinates enjoy long careers w/o any apparent consequence,” stated the report, conducted by the #law firm Cleary Gottlieb Steen & Hamilton.

[yuck]
#FDIC #Gruenberg