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White House Nears Decision on New FDIC Chair Amid Misconduct Findings

Current FDIC Chair Martin Gruenberg to resign following revelations of widespread harassment and delayed reporting of allegations.

  • White House may announce nominee for FDIC chair as early as next week.
  • Gruenberg's resignation follows an independent investigation revealing extensive misconduct at the FDIC.
  • Republican lawmakers are pushing for Gruenberg to step down immediately.
  • Inspector General's memo highlights delayed reporting of misconduct allegations involving senior FDIC officials.
  • Potential nominees include Kristin Johnson, Christy Goldsmith Romero, Nellie Liang, Adrienne Harris, and Sandra Thompson.
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