Overview

• Gruenberg to testify before Congress, pledging to address misconduct issues at the FDIC.
• Over 500 employees reported instances of harassment, discrimination, and retaliation.
• An independent review highlighted a 'hostile, abusive, and unprofessional' work environment.
• Gruenberg faces calls for resignation but aims to implement all recommended changes.
• Democrats face challenges in replacing Gruenberg without disrupting financial regulatory agenda.