Economic news
US FDIC sexual harassment prevention deficient, watchdog says
2024.08.01 12:14
(Reuters) – Efforts to prevent sexual harassment at the U.S. Federal Deposit Insurance Corporation, a top banking regulator, remain deficient despite promises in recent years to address the persistent problem, the agency’s Office of Inspector said in a report released Thursday.
FDIC Chairman Martin Gruenberg agreed to step down in May after a scathing independent probe found pervasive instances of sexual harassment and racial discrimination at the agency, where he has held top positions for much of the past 20 years.
President Joe Biden has tapped Christy Goldsmith Romero, currently a member of the U.S. Commodity Futures Trading Commission, to replace Gruenberg and her nomination is pending before the U.S. Senate.
