Today: October 11, 2024
Today: October 11, 2024

Biden nominee for FDIC pledges 'complete overhaul' of agency

FILE PHOTO: Signs explaining Federal Deposit Insurance Corporation (FDIC) and other banking policies are shown on the counter of a bank in Westminster
July 10, 2024
Reuters

(Reuters) - President Joe Biden's nominee to take over the U.S. Federal Deposit Insurance Corporation is pledging to help remake the agency's workplace culture following a sexual harassment scandal that saw its current chairman offer to resign earlier this year, according to prepared testimony released late on Wednesday.

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