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The White House says FDIC chairman to step down following report on agency's toxic workplace culture

NEW YORK (AP) — The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down, a departure that follows the release earlier this month of a damning report about the agency’s toxic workplace culture. The White House said Martin Gruenberg will step down once a successor is appointed and that President Joe Biden will name a replacement “soon. " The announcement came after the top Democrat on the Senate Banking Committee earlier Monday called for a...

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