FDIC Chair’s Resignation Pressure Rises With Key Senate Democrat Urging Change

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Senate Banking Chairman Sherrod Brown wants Martin Gruenberg to step down as head of the Federal Deposit Insurance Corp. and urged President Joe Biden to “immediately” nominate a replacement.

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FDIC's Gruenberg rebuffs bipartisan calls for his resignation as new banking rules loomFDIC Chair Martin Gruenberg rebuffed calls to resign during a heated House hearing Wednesday, as he pledged to fix a toxic workplace culture while his agency...
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