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FDIC Chief Under Fire Over Allegations of Widespread Harassment

Bipartisan lawmakers call for investigation, Gruenberg faces calls for resignation

  • Lawmakers from both parties are calling for an investigation into allegations of sexual harassment and workplace misconduct at the Federal Deposit Insurance Corporation (FDIC).
  • FDIC Chair Martin Gruenberg is facing calls for his resignation following reports that the agency failed to eradicate widespread harassment in its workforce.
  • Gruenberg has been accused of playing a personal role in cases of alleged harassment and discrimination.
  • Republican members of the House Financial Services Committee have publicly announced a probe into the allegations.
  • Democratic members of the Senate Banking Committee have requested an investigation by the FDIC's Office of Inspector General.
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