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Sheila Bair, who was chair of the FDIC through the 2008 financial crisis and was one of the most prominent voices from government at that time, posted on Twitter on Monday that it would be best ...
FDIC Chair Martin Gruenberg said Monday that he is prepared to step down less than a week after he rebuffed bipartisan calls to resign, a shake-up that could have implications for an aggressive ...
Federal Deposit Insurance Corporation Chairman Martin Gruenberg announced Monday that he will resign, after a recent probe found a widespread culture of sexual harassment and discrimination at the ...
Scott, who called for Gruenberg to step down in December when the initial allegations were made public, is now calling for the Banking Committee to hold a separate hearing on the FDIC's workplace issues. Gruenberg has been been involved in various levels of leadership at the FDIC for nearly 20 years, and this is his second full term as FDIC chair.
The FDIC’s proposed changes to bank merger guidelines could also be imperiled if Gruenberg were to step down without a replacement. Former FDIC Chair Sheila Bair, a Bush appointee who called on ...
Martin James Gruenberg (born April 1, 1953) is an American attorney who previously served as chairman of the Federal Deposit Insurance Corporation (FDIC). [1] Gruenberg previously served as FDIC chairman from 2023 to 2025; 2012 to 2018; as well as on an acting basis from 2005 to 2006 and 2011 to 2012.
Kennedy (R-LA) asked Gruenberg, adding, “you're not going to be able to clean up the FDIC because you’re going to be too busy defending yourself in court." Gruenberg heard similar comments to either step down or make serious reforms from Democrats and Republicans on Wednesday, when he appeared in front of the House Financial Services Committee.
He announced in May he would step down once his successor was confirmed, but the Senate has yet to advance Biden's pick, Commodity Futures Trading Commission official Christy Goldsmith Romero.