Current location:business >>
FDIC chairman Martin Gruenberg to step down, White House says
business66People 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.“Worldly Wave news portal”。http://cameroon.antjekoch.com/article-08a699968.html
Related articles
I visited the most crowded island on Earth
businessLikened to a giant armor-plated turtle because the tin roofs are so tightly packed together, Migingo ...
【business】
Read moreScores of Syrians return home after years at camp housing people linked to the Islamic State group
businessAL-HOL CAMP, Syria (AP) — Scores of Syrian women and children linked to the Islamic State group left ...
【business】
Read morePoland detains and questions Russian man who illegally crossed from Belarus
businessWARSAW, Poland (AP) — Poland’s security officials said Wednesday that a 41-year-old man from Russia ...
【business】
Read more
Popular articles
- Patrick Reed withdraws from US Open qualifying and ends streak of playing the majors
- Former corrections officer sentenced to 4 years for using excessive force
- The Latest
- Freya Allan goes braless in a long
- Harris accepts debate invite to face off with Trump's VP pick, which may come at convention
- Advocates ask Supreme Court to back Louisiana's new mostly Black House district
Latest articles
Nina Dobrev hospitalized with a neck brace due to serious e
2 young children die after being swept away by fast
Police launch probe after man in his 20s found shot behind the wheel of a locked car
Families of the victims of attacks on displaced people in Congo mourn their dead
Dali cargo ship is finally brought back to port
Astroworld crowd surge: 9 of 10 wrongful death suits have been settled
LINKS
- More Chinese people hit road for Dragon Boat Festival
- Macao announces schedule for election of Chief Executive Election Committee
- China's job market stable
- China draws with Singapore in 2026 FIFA World Cup qualifier
- State Councilor stresses need for elderly care meal services, continuous post
- Obstacles remain as women seek more leadership roles in America's Black Church
- Instagram, Facebook. Which rivals would benefit if TikTok is banned?
- Humanitarian crisis in Gaza exposes Western double standard on human rights
- Jiangsu edge Guangzhou to snap 17
- Arrest warrant issued for man in fatal shooting of off