Current location:politics >>
FDIC chairman Martin Gruenberg to step down, White House says
politics876People have gathered around
IntroductionNEW YORK (AP) — The White House said Monday that the chairman of the Federal Deposit Insurance Corpo ...
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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Series news portal”。http://uganda.gigirondeau.com/html-42d499531.html
Related articles
Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
politicsNoel Gallagher has insisted he would still back Tony Blair for PM - as he warned Keir Starmer not to ...
【politics】
Read moreHong Kong lawmaker's petition opposing Gay Games is prejudiced, activist says
politicsA Hong Kong LGBT+ activist has said that a lawmaker’s petition opposing the city’s co-ho ...
【politics】
Read morePolitics updates: Follow updates for the latest on government targets
politics...
【politics】
Read more
Popular articles
- Flight attendant reveals why plane passengers should NEVER fall asleep before take off
- New video of 'human bear' waving emerges as expert weighs in with verdict
- Concorde makes journey along New York's Hudson River
- VOX POPULI: The war in Ukraine enters its 3rd year with no end in sight
- Abbey Clancy, 38, shows off a new set of train track braces as she's left red
- VOX POPULI: Voters won’t forget ‘politics of oblivion’ in the next election
Latest articles
Rays opening
HKFP Lens: Hong Kong photographers document their last moments in the city
Russia election: Arrests for vandalism as ballot boxes targeted in Putin vote
One dead in Northland crash
Macron is making a surprise trip to New Caledonia amid deadly unrest and indigenous frustration
Pressure grows on Angela Rayner to quit as Labour deputy leader over housing row police probe
LINKS
- Woman, 38, screamed 'my leg, my leg' after being hit by stray bullet in Stamford Hill 'drive
- One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts
- Revealed: The most and least common four
- As Zambia schools take on climate change, one teen is spreading the word in sign language
- EPHRAIM HARDCASTLE: The King is not shy of hitting Prince Andrew where it hurts
- New Kansas abortion clinic will open to help meet demand from restrictive neighboring states
- South Korean court rejects effort to block plan that would boost medical school admissions
- Texas man accused of killing New Mexico women and kidnapping an infant faces federal charge
- Who is Robert Fico? Slovakia Prime Minister shot multiple times
- Will Rory McIlroy's divorce have an eye