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Last Updated, Nov 17, 2023, 12:15 AM
Republicans Heap Pressure on FDIC’s Gruenberg Over Claims of Toxic Workplace 


Updated Nov. 16, 2023 7:15 pm ET

WASHINGTON—Republican senators called for Federal Deposit Insurance Corp. Chairman Martin Gruenberg to resign, while the GOP members of the agency’s board called for him to recuse himself from an investigation into allegations of a toxic workplace at the bank regulator.

The comments came after The Wall Street Journal reported on allegations that Gruenberg had turned a blind eye to misconduct at the agency and revealed that the work environment had driven many female bank examiners to quit over the years. The agency canceled a public meeting of its board that had been scheduled for Thursday. 

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