The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down in the wake of a damning report about the agency's toxic workplace culture .

FDIC Chair Martin Gruenberg is also a focus of the report, which claims he treated staff in a "demeaning and inappropriate manner." Latest U.S.

The agency unveiled several deregulatory measures at a Tuesday board meeting, including a measure to tie regulatory ...

The FDIC is one of several 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 ...

More than 100 million American households have money in bank accounts protected by the FDIC. The agency’s chairman, Martin Gruenberg, is facing calls to resign after a recent audit and major ...

The FDIC released proposed guidelines a year ago aimed at strengthening governance and risk at the banks it supervises, the majority of which are state nonmember banks. The guidelines apply to ...

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 ...

FDIC Chair Martin Gruenberg to resign after damning workplace harassment probe Allegations of widespread sexual harassment and misconduct within the agency led to calls for Gruenberg to step down.

News; Business; FDIC chair’s resignation pressure rises with key Senate Democrat urging change May 20, 2024 Updated Mon., May 20, 2024 at 6:03 p.m. Senate Banking Chairman Sherrod Brown wants ...

Rep. Bill Foster (D-Ill.) called on FDIC Chair Martin Gruenberg to resign on Tuesday after a law firm’s investigation confirmed a report of rampant sexual misconduct, lewd behavior and ...

FDIC hunting for extra 20% staff cut as DOGE descends on agency, Bloomberg News reports. By Reuters. April 11, 2025 12:50 AM UTC Updated April 11, 2025 The Federal Deposit Insurance ...