Prominent leader of financial services watchdog resigns after report found it was riddled with a ‘misogynistic’ and ‘good ole boys club’ culture
Fortune - 2024-05-20T23:17:00.000Z

New leadership is needed to fix the “toxic culture” at the FDIC, said Sen. Sherrod Brown on Monday.

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By FATIMA HUSSEIN (Associated Press) WASHINGTON (AP) — An independent review of the Federal Deposit Insurance Corp. ‘s workplace culture describes an environment that fostered “hostile, abusive, unprofessional, or inappropriate conduct,” and questions whether the agency’s chairman is credible to lead the agency through a cultural transformation. The report released Tuesday by law firm Cleary […]
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