Lawmakers are investigating the Federal Deposit Insurance Corporation (FDIC) following allegations of sexual harassment, discrimination, and bullying within the agency. The man in charge of the FDIC, the key federal bank regulator, was grilled during a hearing on Capitol Hill.
Accusations of pervasive sexual harassment and discrimination, as well as the bullying of lower-level employees, have prompted calls for the FDIC chair to resign. The allegations have raised serious concerns about the work environment and culture at the federal agency.
