thejapantimes, to business
@thejapantimes@mastodon.social avatar

Martin Gruenberg will step down as head of the Federal Deposit Insurance Corp. after a report on the toxic working environment at the bank regulator put him at the center of a heated political fight. https://www.japantimes.co.jp/business/2024/05/21/fdic-toxic-workplace-report/ #business #us #fdic #sexualharassment #martingruenberg

Nonilex, to Banking
@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/

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