Biden to nominate Christy Goldsmith Romero as FDIC chair after abrupt departure of predecessor

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Biden to nominate Christy Goldsmith Romero as FDIC chair after abrupt departure of predecessor
U.S. NewsJoe Biden
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President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Greunberg as head of the Federal Deposit Insurance Corporation.

FILE - The Federal Deposit Insurance Corporation seal is shown outside its headquarters, March 14, 2023. The White House announced Thursday, June 13, 2024, that President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Greunberg as head of the FDIC. that led to him to resign.

“She has proven herself to be a strong, independent, and fair regulator who is not afraid to do what’s right," said Sen. Sherrod Brown, D-Ohio and chair of the Senate Banking Committee, in a statement. Complaints included a woman who said she was stalked by a coworker and continually harassed even after complaining about his behavior; a field office supervisor referring to gay men as “little girls;” and a female field examiner who described receiving a picture of an FDIC senior examiner’s private parts.

“FDIC employees deserve a safe workplace that allows them to focus on their important mission to safeguard our country’s financial security. Unfortunately, under the leadership of Chairman Gruenberg, that hasn’t been the case,” said Sen. Tim Scott, the ranking Republican on the Banking Committee, in a statement.

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