Federal Deposit Insurance Corporation Chairman Martin Gruenberg is out amid scandals over the agency’s toxic environment. A tardy, though welcome, demand for his resignation came Monday from Senate Banking Committee Chairman Sherrod Brown (D-OH). The problem is that Gruenberg won’t leave his post until his replacement is named. This is a convenient way to protect the destructive Biden regulatory banking agenda.
Left-leaning lawmakers stayed mum for months when they had a chance to send a clear signal that sexual harassment, discrimination, and retaliation are not tolerated in any federal body. By dragging their feet, they sent the message that wrongdoing gets a pass when the ringleader is advancing their preferred policy agenda — no matter how it may harm consumers and victims. Conservatives have been calling for his immediate ouster, and the Left can right its wrongs by demanding that Gruenberg leave now and take with him others at the FDIC who have yet to be held accountable.
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