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Gruenberg’s decision to resign comes fewer than 24 hours before the long-time regulator is expected to testify before the House.

FDIC chair backpedals mid-hearing on personal conduct history

The embattled chair of the Federal Deposit Insurance Corp. had to revise his testimony before the House Financial Services Committee in the middle of an oversight hearing.

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Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.

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Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.