Nov 26, 2023 | Economy News
FDIC Launches Committee Investigating Alleged Boys’ Club Culture Of Sexual Harassment, Partying The Federal Deposit Insurance Corporation (FDIC) has taken action by forming a special committee to investigate allegations of widespread sexual harassment, misogyny, and a...
Nov 26, 2023 | Economy News
In a joint statement released on November 16, 2023, Vice Chairman Travis Hill and Director Jonathan McKernan of the Federal Deposit Insurance Corporation (FDIC) acknowledged the challenges the organization is facing and announced an independent review of the workplace...
Nov 26, 2023 | Economy News
FDIC Chair Martin Gruenberg has refused to resign despite calls from lawmakers. In a video message to FDIC staff, Gruenberg took responsibility for the agency’s culture, which was brought to light in a scathing report by The Wall Street Journal. The report...
Nov 26, 2023 | Economy News
The Federal Deposit Insurance Corp. (FDIC) has appointed Jonathan McKernan and Michael Hsu as co-chairs of a committee established to oversee an independent third-party review of the agency’s workplace culture. This move comes in response to recent allegations...
Nov 26, 2023 | Economy News
In a decisive move towards ensuring a safe and inclusive workplace, the Federal Deposit Insurance Corporation (FDIC) Board of Directors has established a special committee to oversee an independent review of the agency’s culture. Amid concerns of inappropriate...
Nov 15, 2023 | Economy News
Press Release: FDIC Issues List of Banks Examined for CRA Compliance The Federal Deposit Insurance Corporation (FDIC) has recently released its list of state nonmember banks that were evaluated for compliance with the Community Reinvestment Act (CRA). This list covers...
