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What will be the outcome of the sexual harassment probe involving Martin Gruenberg by the end of 2024?
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FDIC•House•Martin Gruenberg•Senate Banking Committee•Sherrod Brown•Biden•Sheila Bair•Gruenberg•Tim Scott•Democrats
Resolution / Starting Odds
Exoneration of Gruenberg • 33%
Gruenberg found culpable • 33%
Probe inconclusive • 34%
Official report release or credible legal/news sources
Story
Senate Banking Chair Urges Biden to Replace FDIC Head Martin Gruenberg Amid Sexual Harassment Probe
May 20, 2024, 02:27 PM
The FDIC is facing significant scrutiny over its workplace culture, which has been described as toxic and rife with sexual harassment, bullying, and other forms of misconduct. During a heated House hearing, FDIC Chair Martin Gruenberg resisted bipartisan calls for his resignation. Senate Banking Committee Chairman Sherrod Brown has called on President Biden to nominate a new chair for the FDIC, citing the need for fundamental changes within the agency. This follows a report and congressional hearings that highlighted the issues and led to a decline in the FDIC's ranking of employee happiness. Former FDIC Chair Sheila Bair has also urged Gruenberg to step down for the sake of the agency and its employees. Senator Tim Scott criticized President Biden for not acting sooner, accusing Democrats of prioritizing their progressive regulatory agenda over the safety of FDIC employees.
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No action taken • 25%
Code of conduct recommended • 25%
Formal reprimand issued • 25%
Referral for further legal action • 25%
Allegations proven true • 33%
Allegations proven false • 33%
Inconclusive findings • 34%
No Charges Filed • 33%
Charges Filed • 33%
Settled Out of Court • 34%
No action taken • 33%
Reprimand issued • 33%
Forced resignation or impeachment • 33%
Meta found at fault • 33%
No fault found • 33%
Investigation inconclusive • 33%
Yes • 50%
No • 50%
No Misconduct Found • 33%
Misconduct Found, No Consequence • 33%
Misconduct Found, Consequence Imposed • 33%
No charges filed • 33%
Charged but not convicted • 33%
Convicted • 34%
No further action • 33%
Internal disciplinary actions • 33%
Public apology or retraction • 34%
No legal actions taken • 33%
Settled out of court • 33%
Court verdict • 34%
No significant action • 33%
Recommendations for sanctions • 33%
Formal charges against involved individuals • 34%
Cleared of all allegations • 33%
Findings of misconduct but no charges • 34%
Findings of misconduct with charges • 33%