The 174-page report detailed alleged misconduct, including FDIC head Martin Gruenberg’s temper and verbal abuse|Brookings Institution|CC BY-NC-ND 2.0
Martin Gruenberg, head of the Federal Deposit Insurance Corporation (FDIC), will resign following an investigation that revealed widespread sexual harassment, discrimination and bullying within the agency.
The 174-page report by law firm Cleary Gottlieb Steen & Hamilton detailed alleged misconduct, including Gruenberg’s temper and verbal abuse.
In a Monday statement, Gruenberg said he is prepared to step down once a successor is confirmed. His decision to delay the resignation sparked criticism from both sides of Congress.