They accuse FDIC Chairman Martin Gruenberg of contributing to ‘a toxic workplace environment’ at the agency.
Five Republican senators on the Senate Banking Committee have demanded that Federal Deposit Insurance Corp. (FDIC) Chairman Martin Gruenberg resign over workplace misconduct allegations.
They cited Wall Street Journal reports that uncovered the FDIC’s years of mishandling sexual harassment and discrimination allegations and Mr. Gruenberg’s role in dealing with these cases during his tenure.
“The allegations detailed in these press reports are deeply disturbing and unacceptable at any workplace, let alone a federal agency,” the letter reads.
Mr. Gruenberg allegedly had “a reputation for bullying and for having an explosive temper” at the agency, which resulted in at least one probe being launched against him after he berated a female employee while he was vice chairman, according to the letter.
“According to these…
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