The Japan TimesMay 21, 2024
Martin Gruenberg will step down as head of the Federal Deposit Insurance Corp. after a report on the toxic working environment at the bank regulator put him at the center of a heated political fight. https://www.japantimes.co.jp/business/2024/05/21/fdic-toxic-workplace-report/ #business #us #fdic #sexualharassment #martingruenberg
FDIC chair says he’ll step down after toxic workplace report

The chair faced mounting pressure to quit following a scathing report that detailed allegations of harassment and discrimination at the bank regulator during his tenure.

The Japan Times
Show threadCharles J Gervasi ⚡🛡️🥥May 20, 2024
@Nonilex I know know nothing beyond what I've read in the NYT, but I wonder if some of the criticism of #MartinGruenberg is political because the financial industry opposes the FDIC's increased capital requirements and the Wall Street Journal originally drew attention to the issue.
NonilexMay 20, 2024

#FDIC Chair #MartinGruenberg will resign after an outside report found #evidence of a “misogynistic” & “patriarchal” culture at the #banking regulator.

#Gruenberg… announced Mon he would resign once President #Biden appoints & the Senate confirms a successor….

An independent investigation led by an outside law firm found rampant instances of #abusive workplace conduct…, incl’g #SexualHarassment, #stalking & inappropriate supervisor-subordinate relationships….

https://www.washingtonpost.com/business/2024/05/20/martin-gruenberg-fdic-resign/

FDIC Chair Martin Gruenberg says he will resign after hostile workplace claims

An outside report had found evidence of a “misogynistic” and “patriarchal” culture at the banking regulator.

The Washington Post
Democracy Matters May 20, 2024

Senate Banking Chair Brown calls on Biden to replace embattled FDIC head https://www.politico.com/news/2024/05/20/brown-calls-on-biden-to-replace-embattled-fdic-head-00158864

#MartinGruenberg #FDIC #ToxicWorkplace #SherrodBrown #Ohio

Teene ZahidAug 21, 2023
#2023BankingCrisis issue (Part 2):
#Oil:- Crashing!
#NaturalGas:- Crashing!
#Gold:- Crashing!
#RealEstate:- Crashing!
#USD:- Crashing!
@FDICgov Chairman #MartinGruenberg: Can someone buy the #FDIC's #USD150 billion+ loss as "BONDS"?!
August 11-21 estimated loss = #USD22 billion)!