Congress unites while grilling FDIC chairman for two days over report indicating toxic work culture

Congress unites while grilling FDIC chairman for two days over report indicating toxic work culture


Lawmakers on both sides of the aisle came together to grill the Federal Deposit Insurance Corporation chairman for two days in a row. An independent report revealed shocking findings from employees, which claimed sexual harassment and discrimination among women, gay people, and minority groups, with the claim they were only hired as a result of being a “token” of a quota to fill.

House Financial Services Committee Chairman Patrick McHenry (R-NC) cut to the chase on day one of the hearing when he addressed Martin Gruenberg. “You’ve failed your employees, your agency, and the American people,” he said. “The FDIC must be held to the same standards of conduct it imposes on the entities it regulates. The agency’s culture must be overhauled.”

On Thursday, Sen. Tim

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