Martin Gruenberg, Chair of the FDIC testifies before the Senate Banking, Housing, and Urban Affairs Committee on Capitol Hill on May 16, 2024 in Washington, DC.
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- FDIC chairman Martin Gruenberg said he will resign after report on poor workplace culture.
- An investigation found the FDIC's culture misogynistic and insular. Wrongdoers were not punished.
- President Joe Biden will nominate a new FDIC chair, who the Senate would then vote on.
The...