Martin Gruenberg

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Biden will name new boss soon to lead 'toxic' FDIC

FDIC chairman Martin Gruenberg — widely criticized for a toxic workplace at the agency — said Monday that he's willing to step down once a successor is confirmed by the Senate. Win McNamee/Getty Images hide caption

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Win McNamee/Getty Images

Politics

Biden will name new boss soon to lead 'toxic' FDIC

May 20, 2024 • FDIC chairman Martin Gruenberg says he's prepared to step down once a successor is confirmed. Gruenberg has been widely criticized for fostering a toxic workplace at the agency.

Toxic culture is the norm at the FDIC, outside review cites 500 employee complaints

Federal Deposit Insurance Corporation Chairman Martin Gruenberg apologized to employees Tuesday, after an outside review found a toxic workplace culture at the agency. Saul Loeb/AFP via Getty Images hide caption

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Saul Loeb/AFP via Getty Images

Business

Toxic culture is the norm at the FDIC, outside review cites 500 employee complaints

May 7, 2024 • A law firm investigation of the FDIC documents a toxic workplace culture where hundreds of employees complained of sexual harassment, discrimination and other misconduct.