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Waters acknowledged the report’s findings about the FDIC’s workplace are “troubling.” But then proceeded to blast the investigators’ focus on Gruenberg.
The Vault
May 09, 2024

Maxine Waters attacks FDIC report, Gruenberg works the Hill

The House’s top financial services Democrat attacked an independent review examining allegations of workplace harassment at the Federal Deposit Insurance Corp.

In a statement, Rep. Maxine Waters (D-Calif.) blasted investigators at Cleary Gottlieb for focusing on the tenure of FDIC Chair Martin Gruenberg and not former Republican appointees like Jelena McWilliams and Sheila Bair.

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