FDIC Chairman Gruenberg is ready to step down post confirmation of a new successor amidst criticism over a toxic workplace and doubts about his capability to reform.
Sen. Brown demanded a change in FDIC leadership, emphasizing the need for a new leader to address the toxic workplace environment and prioritize staff wellbeing and agency's mission.
Gruenberg, previously reluctant to resign, now agrees to step down once a successor appointed to carry out FDIC workplace culture transformation.
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