The head Democrat on the House Financial Services Committee criticized a third-party investigation of sexual harassment and misconduct at the Federal Deposit Insurance Corp. (FDIC), The Hill reported.
Rep. Maxine Waters, D-Calif., argued that the investigation focuses disproportionately on the agencies current Democrat leader and less on his GOP predecessors.
In a statement Thursday, the committee’s ranking member acknowledged cultural deficiencies at the agency, which were highlighted in the report by law firm Cleary Gottlieb Steen & Hamilton, but defended FDIC Chair Martin Gruenberg, even as he faces bipartisan pressure to resign.
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