FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-21 22:24:27 Source：Stellar Saga 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：Celebrity tequila brands, like George Clooney
- Next：'Real life' Martha from Baby Reindeer's million
Related articles
- Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
- New Godzilla x Kong film tops China box office
- Emperor Qinshihuang's museum launches online ticket platform for overseas tourists
- Padres break loose for 6 runs in the 5th inning and go on to beat the Brewers 7
- Celebrity tequila brands, like George Clooney
- Bayer Leverkusen win first
- Teixeira brace sees Shanghai go top in CSL
- International destinations excited to welcome back Chinese travelers
- Cannes 2024: Studio Ghibli takes a bow with an honorary Palme d'Or
- Rural basketball tournament eyes interactions with NBA
- Eleanor Tomlinson puts on a leggy display in sparkly black minidress as she joins co
- New Godzilla x Kong film tops China box office
- Sport climbing season kicks off in China
- Maglev line opens to tourists in Fenghuang
- Adams, Reyna, Turner, Ream are US concerns ahead of Copa America
- Mets' turnaround from 0
- CBA: Beijing, Shanghai to face decisive G3
- New recruiting programs put Army, Air Force on track to meet enlistment goals. Navy will fall short
- Biden says Brown v. Board of Education ruling was about more than education
- Bodies of 3
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,Stellar Saga news portal sitemap