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US Congressmen Demand Briefing on FDIC Culture

US Congressmen Demand Briefing on FDIC Culture

by Starling Insights

Starling Insights Editorial Board

Nov 15, 2023


Earlier this week, The Wall Street Journal published an article outlining allegations of a "toxic atmosphere" rife with harassment and partying at the US Federal Deposit Insurance Corporation (FDIC). Following these revelations, three Republican Congressmen on the House Committee on Financial Services — Patrick McHenry, Bill Huizenga, and Andy Barr — have sent a letter to the FDIC's Office of the Inspector General (OIG) demanding a briefing on the agency's workplace culture.

"Numerous disturbing allegations have been made regarding the Federal Deposit Insurance Corporation's (FDIC) workplace culture," the letter reads. "Reports allege that the agency maintains a culture that perpetuates sexual harassment, misogyny, and other acts of misconduct – a severe departure from the agency's effective operations to execute its mission."

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