Nonilex , to random
@Nonilex@masto.ai avatar

Chair will resign after an outside report found of a “misogynistic” & “patriarchal” culture at the regulator.
… announced Mon he would resign once President appoints & the Senate confirms a successor….
An independent investigation led by an outside law firm found rampant instances of workplace conduct…, incl’g , & inappropriate supervisor-subordinate relationships….

https://www.washingtonpost.com/business/2024/05/20/martin-gruenberg-fdic-resign/

cgervasi ,
@cgervasi@fosstodon.org avatar

@Nonilex I know know nothing beyond what I've read in the NYT, but I wonder if some of the criticism of #MartinGruenberg is political because the financial industry opposes the FDIC's increased capital requirements and the Wall Street Journal originally drew attention to the issue.

jik ,
@jik@federate.social avatar

@Nonilex wow, something Democrats and Republicans agree on, how novel

DemocracyMattersALot , to random
@DemocracyMattersALot@mstdn.social avatar
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