Federal Deposit Insurance Corp. Chair Martin Gruenberg will not appear before the House Financial Services Committee next week for further oversight hearings, despite a demand from Chair Patrick McHenry (R-N.C.) in late May.
Next week, two FDIC board members — Director Jonathan McKernan and acting Comptroller of the Currency Michael Hsu — are slated to testify. But Gruenberg, who was also requested, will not attend next week, according to three people familiar with the planning.