FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-21 22:25:31 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：Devout Christian doctor, 68, who punched dementia
- Next：Target starts price war with Walmart by slashing the cost of 5,000 popular items
Related articles
- Padres second baseman Xander Bogaerts leaves game against Braves with shoulder injury
- Basketball competition participated by local residents held in Hangzhou
- Chinese border region not affected by radiation source in Russian city: Authorities
- Iraq signs MoU with German, U.S. companies on associated gas utilization
- Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
- Hong Kong Customs busts largest gold
- Universities urged to help students grow
- One in 10 Germans becomes victims of identity theft: survey
- Cruise worker 'murders newborn son on board ship': Shocked co
- China sees steady progress in diagnosis, treatment system: health official
- Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
- HK deputies urge for linking GBA's finance, healthcare and sports sectors
- Rare, endangered plants reintroduced into China's Three Gorges Reservoir area
- Bahraini marathon runner Kimutai suspended three years for doping
- Company wins court ruling to continue development of Michigan factory serving EV industry
- 8 people confirmed dead after ship collision in south China
- French president calls again for ceasefire in Gaza
- Chang'e 6 to carry foreign science payloads
- Kate Hudson hits the stage to debut songs from her new album Glorious at star
- FISU Games torch relay highlights global youths' determination to chase dreams
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,Stellar Saga news portal sitemap