Current location:Earthly Insights news portal > business
FDIC chairman Martin Gruenberg to step down, White House says
Earthly Insights news portal2024-05-21 21:49:21【business】1People have gathered around
IntroductionNEW YORK (AP) — The White House said Monday that the chairman of the Federal Deposit Insurance Corpo
NEW YORK (AP) — The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down, a departure that follows the release earlier this month of a damning report about the agency’s toxic workplace culture.
The White House said Martin Gruenberg will step down once a successor is appointed and that President Joe Biden will name a replacement “soon.” The announcement came after the top Democrat on the Senate Banking Committee earlier Monday called for Gruenberg’s removal.
Biden expects the FDIC “to reflect the values of decency and integrity and to protect the rights and dignity of all employees,” Deputy Press Secretary Sam Michel said in a statement.
The FDIC is one of several U.S. banking system regulators. The Great Depression-era agency is best known for running the nation’s deposit insurance program, which insures Americans’ deposits up to $250,000 in case their bank fails.
Address of this article:http://france.majalahburung.com/html-97d399595.html
Very good!(5619)
Related articles
- The government wants to buy their flood
- Xi Story: Suzhou Embroidery Epitomizes Resilience, Patience, Perseverance of Chinese People
- A glimpse of begonia flowers in the Palace Museum
- Apps simplify expense steps for foreign users
- Ohio judge to rule Monday on whether the state’s abortion ban stands
- Xinhua Headlines: Russia, Ukraine to meet at Ukrainian
- Xi Sends Congratulatory Letter to First High
- Orders surge at China's small commodity hub as Paris Olympics approaches
- Analysis: Larson enters conversation with Verstappen as best drivers in the world
- 3D printed storage box to further propel China's lunar mission
Popular articles
Recommended
Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports
Xi Sends Congratulatory Letter to Event Marking 70th Anniversary of 'Icebreaking Mission' in China
3D printed storage box to further propel China's lunar mission
Chinese dancing master Yang Liping gives performance in Tianjin
I visited the most crowded island on Earth
Spring scenery across China
Installed capacity of wind farms in Tianjin reaches 1.296 mln kw
Highlights of semifinals at BWF Korea Open Badminton Championships 2022
Links
- Chris Pratt spends Mother's Day with wife Katherine Schwarzenegger and mother
- Stock market today: Asian shares mixed in muted trading after Wall Street barely budges
- New Mexico forges rule for treatment and reuse of oil
- Gucci hosts star
- Washington's series opener at the Chicago White Sox has been postponed by rain
- Arkansas and coach John Calipari will face former team at Kentucky in SEC next season
- GameStop, AMC stocks surge as Roaring Kitty returns
- Incyte, Squarespace rise; Chimera Investment, Amazon fall, Monday, 5/13/2024
- Prince Harry's memoir Spare beaten in every category it was nominated for at British Book Awards
- Reds' TJ Friedl placed on injured list with fractured left thumb