FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-22 04:26:29 Source：Earthly Exploits 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：Fresh heartache for cancer
- Next：Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
Related articles
- Bichette has 4 hits, Berríos snaps 4
- AU officials laud China's support to promote health in Africa
- Mental health review to follow Sydney stabbing attack: Australian PM
- Iranian FM, EU foreign policy chief discuss Iran's retaliatory attack against Israel
- These hilarious notices will make you do a double take
- Megan Fox reveals what she REALLY thinks about her Love Is Blind's 'look
- Death toll in airstrikes on E. Syria rises to 15
- 249 mln women covered by maternity insurance in China
- David Ortiz is humbled by being honored in New York again; this time for post
- Grimes screams on stage after having 'major technical difficulties' during chaotic set at Coachella
- Bichette has 4 hits, Berríos snaps 4
- China to further boost employment
- Taiwan body donates cultural relics to national heritage administration
- Russia says int'l cooperation necessary in fighting terrorism
- Forensic psychiatrist reveals the different types of stalkers
- Emily Ratajkowski bares her toned tummy in a white tube top as she strolls NYC with her dog Colombo
- Mental health review to follow Sydney stabbing attack: Australian PM
- China launches new remote sensing satellite
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East
- Trump hush money trial: Why Americans can't see or hear what's going inside court
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,Earthly Exploits news portal sitemap