FDIC chairman Martin Gruenberg to step down, White House says
Release time：2024-05-22 04:26:42 Source：Culture Capsule 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：Ravens sign WR Qadir Ismail, the son of former NFL receiver Qadry Ismail
- Next：Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports
Related articles
- Strictly star Giovanni Pernice's former partner Rose Ayling
- Dickov confident the future's blue
- China remains crucial link in supply chain
- HK's tourism continues rebound in 2023 with 34m visitors
- Ohio judge to rule Monday on whether the state’s abortion ban stands
- SOEs playing big role in improving livelihoods
- Zhang still going the extra smile
- Shanghai goes big on smart factories
- IF starring Ryan Reynolds lands at the top of a lackluster box office with less
- Xi Sends Congratulatory Letter As SCO Justice Ministers Meet in Shanghai
- Dodgers acquire pitcher Yohan Ramírez from Mets for cash
- Xizang marks milestone in green energy production
- Xi Visits Forest Farm in China's Northernmost City
- Icebreaker Xuelong 2 leaves HKSAR for Shanghai
- What a blast to work at NASA. Space agency is sky
- Xi Extends Condolences to Brazilian President over Deadly Heavy Rains, Floods
- Xi Focus: Xi Stresses Striving for Full Revitalization of Northeast China
- Crunch time for Team China
- New York Liberty improve to 4
- Southgate slams hapless Maguire's treatment as 'joke'
Random recommendation
- Copyright © 2024 Powered by FDIC chairman Martin Gruenberg to step down, White House says ,Culture Capsule news portal sitemap