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WASHINGTON, DC - DECEMBER 14: Chairman of the Federal Deposit Insurance Corporation (FDIC) Martin J. Gruenberg attends a meeting of the Financial Stability Oversight Council at the U.S. Department of Treasury on December 14, 2023 in Washington, DC. The group has published their 2023 annual report, which takes a look at the past year in climate, banking, cybersecurity, artificial intelligence, cryptocurrency and other issues. (Photo by Drew Angerer/Getty Images)

NEWS HEADLINES: FDIC Probe Shows Sexual Harassment, Toxic Workplace – One America News Network

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Chairman of the Federal Deposit Insurance Corporation (FDIC) Martin J. Gruenberg attends a meeting of the Financial Stability Oversight Council at the U.S. Department of Treasury on December 14, 2023 in Washington, DC. (Photo by Drew Angerer/Getty Images)

OAN’s Chloe Hauxwell
5:45 PM – Wednesday, May 8, 2024

The Federal Deposit Insurance Corporation (FDIC) has failed to provide a workplace safe from sexual harassment, discrimination and fear of retaliation.

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On Wednesday, Senator Joni Ernst (R-Iowa) touched on the 234-page report that was released on Tuesday.

She said that the rot is much more pervasive than she initially thought, adding that the toxic culture has been driven from the top down.

FDIC chair Martin Gruenburg apologized to his staff on Tuesday saying that the report presented a “sobering look” into the corporation’s culture.

“To anyone who experienced sexual harassment or other misconduct at the FDIC, I again want to express how very sorry I am,” Gruenberg wrote. “I also want to apologize for any shortcomings on my part.”

He pledged to his employees to implement the report’s recommendations.

Ernst recommended that Joe Biden orders a DOJ investigation.

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