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Gruenberg told us the White House has not been in contact about his ability to lead the agency as it navigates an ongoing crisis.

Democrats plot Gruenberg defense as GOP cranks up pressure

News: The Democratic leadership of the House Financial Services Committee is pitching its rank-and-file members on a defense of Federal Deposit Insurance Corp. Chair Martin Gruenberg.

We obtained a committee memo sent by Democratic staff that lays out the playbook for how some members, led by Rep. Maxine Waters (D-Calif.), will attempt to defend Gruenberg, who will testify in the House tomorrow. He’s expected to receive an all-time grilling from Republicans and even some Democrats.

More news: Senate Banking Committee Ranking Member Tim Scott (R-S.C.) told Gruenberg he should resign during a phone call with the chair this morning.

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It’s taking the IRS years to process a small business tax credit. 1M+ small business owners who filed for the Employee Retention Credit are stuck in backlog or waiting on payment for their claims. Tell the IRS to lift the moratorium now.

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