U.S. Senate Committee on Banking, Housing, and Urban Affairs

05/07/2024 | Press release | Distributed by Public on 05/07/2024 17:50

BROWN STATEMENT ON INDEPENDENT FDIC REPORT

May 07, 2024

BROWN STATEMENT ON INDEPENDENT FDIC REPORT

WASHINGTON, D.C. - Today, U.S. Senator Sherrod Brown (D-OH), Chair of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement regarding the independent review of the Federal Deposit Insurance Corporation's (FDIC) workplace culture.

"The FDIC needs to be fixed. The women and men who work there deserve better," said Brown. "Chair Gruenberg must accept responsibility and must immediately work to make fundamental changes to the agency and its culture."

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