FDIC Chair Gruenberg resigns amid toxic workplace crisis

The Federal Deposit Insurance Corporation Chair Martin Gruenberg announced his resignation this week in the wake of a workplace probe, which uncovered a troubling culture of sexual harassment and discrimination at the agency. However, Gruenberg will remain as chair until a successor is confirmed.delves into the details, providing insight into the potential implications Gruenberg's resignation could have for future policies at the FDIC .

Now speculation is it would be a woman ordinarily a confirmation process and getting someone confirmed can be a very long drawn out process and adding insult to injury. While Democrats favor strong rules, both the FDIC and the fed have said they are in the process of broad material changes for these said rules.

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Source: Insurance Report (insurancereport.net)

Federal Deposit Insurance Corporation FDIC Sexual Harassment Jennifer Schonberger Resignation

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