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HR at the US FDIC Contributed to Culture Problems

HR at the US FDIC Contributed to Culture Problems

by Starling Insights

Starling Insights Editorial Board

Feb 12, 2024

Observations

US FDIC Regulatory Trends The Era of Accountability Culture & Consequences Toxic Culture

As reported by the Wall Street Journal's Rebecca Ballhaus and Joe Palazzolo, leaders in the two departments at the US Federal Deposit Insurance Corporation (FDIC) responsible for addressing harassment complaints have faced several misconduct allegations of their own over the past few years.

Since 2018, at least 12 managers in HR and the Office of Minority and Women Inclusion have faced accusations of harassment and bullying from their employees. Current and former FDIC employees told the WSJ that the turmoil within these departments contributed to the widely reported cultural problems that have plagued the agency.

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