FDIC Fiasco: A Failing Report Card

Inspector General Strikes Back

Inspector General Jennifer Fain sends a scathing memo to Chair Martin Gruenberg revealing allegations of misconduct by senior FDIC officials not reported in a timely manner.

Probe Points and Clicks

The Office of Inspector General is delving deep into allegations of sexual abuse and harassment at the FDIC aiming to shed light on the dark corners of misconduct.

Culture Clash

A report uncovers a toxic culture at the FDIC where over 500 employees allege a workplace ridden with harassment discrimination and Gruenberg's short temper tantrums.

Gruenberg's Endgame

Gruenberg's resignation in the horizon leads Republican lawmakers to demand immediate departure setting the stage for a political showdown over the FDIC's leadership.

Biden's Next Move

With Gruenberg on his way out President Biden gears up to nominate his successor and navigate the choppy waters of FDIC leadership amidst controversy.

House of Cards

The GOP led House Financial Services Committee summons Gruenberg and FDIC officials for a showdown on June 12 escalating the battle over the probe's findings.