WASHINGTON (AP) — Federal Deposit Insurance Corp. Chairman Martin Gruenberg sat for a second day of grilling Thursday on Capitol Hill, this time at the Senate Banking Committee, after a damning report about the agency’s toxic workplace culture was released last week.
The hearing was called to address oversight of financial regulators, including the Office of the Comptroller and the Federal Reserve, but two days of testimony have largely focused on the workplace culture at the FDIC and failures, according to the report, by Gruenberg to prevent hundreds of instances of harassment and discrimination against employees.
An independent review of the FDIC ‘s workplace culture released last week describes an environment that fostered “hostile, abusive, unprofessional, or inappropriate conduct,” and questions whether the agency’s chairman is able to lead the agency through a cultural transformation.
Related articles:
Related suggestion:
Nevada Supreme Court rejects teachers unionArkansas and coach John Calipari will face former team at Kentucky in SEC next seasonNew Mexico forges rule for treatment and reuse of oilMumbai Billboard collapse: At least 14 killed, 74 injuredWestminster Kennel Club: At the 148th show, a display of dogs and devotionJimmy Dunne resigns from PGA Tour boardIncyte, Squarespace rise; Chimera Investment, Amazon fall, Monday, 5/13/2024Attorney says settlement being considered in NCAA antitrust case could withstand future challengesAttorney says settlement being considered in NCAA antitrust case could withstand future challengesShort drives in go
2.429s , 6497.2890625 kb
Copyright © 2024 Powered by FDIC chair is grilled on Capitol Hill after report outlines agency's toxic workplace culture ,World Window news portal