Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
Gruenberg’s decision to resign comes fewer than 24 hours before the long-time regulator is expected to testify before the House.

Gruenberg says White House’s quiet on his tenure

News: The embattled chair of the Federal Deposit Insurance Corp. told us the White House has not been in contact about his ability to lead the agency as it navigates an ongoing crisis.

In a brief interview this afternoon, we asked Chair Martin Gruenberg whether the White House had communicated anything about its faith in the long-time regulator to continue leading the agency as lawmakers demand changes at the FDIC.

Gruenberg replied: “No.”

Subscripion logo

Become a Premium Policy member to continue reading The Vault

Join The Vault
Already a subscriber? Log In

Presented by Wells Fargo

At Wells Fargo, we cover more rural markets than many large banks, and nearly 30% of our branches are in low- or moderate-income census tracts. What we say, we do. See how.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.