Current location:politics >>
FDIC chairman Martin Gruenberg to step down, White House says
politics832People have gathered around
IntroductionNEW YORK (AP) — The White House said Monday that the chairman of the Federal Deposit Insurance Corpo ...
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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Storyline news portal”。http://hungary.cassettedesign.com/news-31b399661.html
Related articles
China vows to actively promote restoration of int'l flights
politicsBEIJING, May 18 (Xinhua) -- China's civil aviation authorities have committed to boosting the freque ...
【politics】
Read moreMexico recovers bodies likely those of missing surfers
politicsMEXICO CITY (AP) — Three bodies recovered in an area of Mexico’s Baja California state are likely to ...
【politics】
Read moreA look at commencement ceremonies as US campuses are roiled by protests over the Israel
politicsCommencement ceremonies are being held at colleges and universities across the U.S. As many campuses ...
【politics】
Read more
Popular articles
- College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
- German teen turns himself in over attack on European election candidate
- Miami is hotter than ever! Here's what to do in America's most exciting city
- Boeing locks out its private firefighters around Seattle over pay dispute
- Forensic psychiatrist reveals the different types of stalkers
- Keith Urban shows off his bulging biceps and rockstar tattoos in a tight black T
Latest articles
Sienna Miller's lookalike daughter Marlowe, 11, makes her first ever red carpet appearance
Could your doctor be GOOGLING you? Calls for crack down on unspoken habit
Biden has rebuilt the refugee system after Trump
King Charles fears he's 'letting everyone down' if he can't carry out his public duties
Abbey Clancy, 38, shows off a new set of train track braces as she's left red
Amy Dowden shows off her toned and tanned figure in a cut
LINKS
- Popular TV Drama Turns Spotlight on Preservation of Shanghai Dialect
- Laba Festival Gathering for Migrant Children in Xi'an
- People Prepare for Upcoming Chinese New Year Across China
- Efforts to Improve Lives of Those with Disabilities Lauded
- Are Americans feeling like they get enough sleep? Dream on, a new Gallup poll says
- Popular TV Drama Turns Spotlight on Preservation of Shanghai Dialect
- Rural Tourism Sees Robust Growth
- North China's Flower Economy Booms Ahead of Spring Festival
- Art Reshapes Rural Scene in SW China Village
- Zheng reaches Australian Open semifinals after fighting win