FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-21 21:02:49 Source：World Walkthrough 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：BBC Countryfile star Adam Henson's wife wrote heartbreaking goodbye letters after cancer diagnosis
- Next：Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
Related articles
- Tom Brady and Jay
- Kenya declares public holiday to mourn flood victims
- Advocates ask Supreme Court to back Louisiana's new mostly Black House district
- Selena Gomez says she is releasing her pent
- How Diddy made himself the 'victim' in apology video where he does not mention ex
- A cargo plane make an emergency landing at Istanbul Airport after front landing gear fails
- Families of the victims of attacks on displaced people in Congo mourn their dead
- The Met Gala's flowery theme went in all directions
- Brazil replaces injured goalkeeper Ederson in Copa America squad
- Police launch probe after man in his 20s found shot behind the wheel of a locked car
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Chinese leader Xi Jinping set to meet Serbian officials on the second leg of his Europe tour
- The Met Gala's flowery theme went in all directions
- Prada focuses generational transition on artisans, expanding production and workforce in Italy
- Socialite Jasmine Hartin enjoys beach snuggle with electrician hunk
- Met Gala 2024: Photos from the Mark Hotel
- Rojas and France help the Mariners knock off the Twins 10
- TikToker reveals the 'dystopian hack' that snuck her résumé past AI bots and landed her three jobs
- Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
- Selena Gomez says she is releasing her pent
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,World Walkthrough news portal sitemap