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Martin Gruenberg resigns as FDIC Chair by end of 2024?
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Senate Banking Committee•Sherrod Brown•Joe Biden•FDIC•Martin Gruenberg•Federal Deposit Insurance Corp•Brown•Gruenberg•House•Democrat
Resolution / Starting Odds
Yes • 50%
No • 50%
Official FDIC announcement or credible news source reports
Story
Sherrod Brown Urges Biden to Replace Martin Gruenberg Amid Toxic FDIC Workplace Report
May 20, 2024, 02:53 PM
Senate Banking Committee Chairman Sherrod Brown has called on President Joe Biden to replace FDIC Chair Martin Gruenberg following a report that revealed a toxic workplace environment at the Federal Deposit Insurance Corp. The report detailed widespread allegations of sexual harassment, bullying, and discrimination within the agency. Brown, after chairing a recent hearing and reviewing the independent report, emphasized the need for fundamental changes at the FDIC. This call for new leadership has been echoed by other lawmakers amid bipartisan pressure for Gruenberg to resign. Despite these calls, Gruenberg has rebuffed demands for his resignation during a heated House hearing on Wednesday. The Democrat's call comes as criticism mounts over the administration's handling of the FDIC's progressive regulatory agenda.
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Current FDIC Deputy Chair • 33%
A member of the House Financial Services Committee • 33%
An external candidate with a regulatory background • 34%
Christy Goldsmith Romero • 25%
Martin Gruenberg • 25%
Another Biden Nominee • 25%
Another Trump Nominee • 25%
Current Vice Chair of FDIC • 25%
A former FDIC executive • 25%
A financial regulatory expert • 25%
Other • 25%
Apology Issued • 50%
No Apology • 50%
Current FDIC executive • 33%
External candidate from a financial institution • 33%
External candidate from academia or non-profit sector • 34%