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International Business Times
International Business Times
World
Daniel AVIS

US Bank Regulator Grilled Over 'Toxic Culture' At Agency

Martin Gruenberg rebuffed calls for his resignation from the Federal Deposit Insurance Corporation (FDIC) (Credit: AFP)

US lawmakers attacked the head of a top financial regulator for a second consecutive day on Thursday over his agency's failure to deal with workplace misconduct, including discrimination and sexual harassment.

Republicans on the Senate Banking Committee called on Federal Deposit Insurance Corporation (FDIC) chair Martin Gruenberg to step down after an independent report found that the agency, set up to protect bank deposits, had failed to tackle workplace misconduct issues going back years.

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