Martin Gruenberg is still the leader of the Federal Deposit Insurance Corporation, an agency that supervises U.S. banks, but after a bipartisan grilling on Wednesday by members of a House committee overseeing bank regulators, he appeared to be hanging on by a thread.
Democrats expressed dismay over his responses to the crisis at his agency, after a scathing report of a culture of widespread sexual harassment and discrimination.
One congresswoman appeared to call for him to resign, as Republicans have been doing for months.
“Personally, I do not have confidence that you can continue to lead in this role,” Representative Ayanna S. Pressley, Democrat of Massachusetts, told Mr. Gruenberg during an exchange.
(Two other federal bank regulators, the acting comptroller of the currency, Michael Hsu, and the Federal Reserve vice chair, Michael Barr, also offered testimony on bank regulatory matters, but much of the committee’s focus was on the F.D.I.C.)
Persons:
Martin Gruenberg, Ayanna S, Pressley, Gruenberg, “, Michael Hsu, Michael Barr
Organizations:
Federal Deposit Insurance Corporation, Federal Reserve
Locations:
Massachusetts