Republican Louisiana Sen. John Kennedy on Thursday questioned Federal Deposit Insurance Corporation (FDIC) Chairman Martin J. Gruenberg during a Thursday hearing about his leadership at the agency.
The FDIC’s workplace culture is plagued by inappropriate conduct, including “sexual harassment, discrimination, and other interpersonal misconduct,” according to a recent report by law firm Cleary Gottlieb Steen & Hamilton. Kennedy was incredulous that Gruenberg believes he is the ideal person to run the FDIC and told him he should resign. (RELATED: ‘We’ve Got Some Cleanup To Do’: Former FDIC Chair Says There Will ‘Probably’ Be More Bank Failures)
WATCH:
.@SenJohnKennedy grills FDIC Chair Martin Gruenberg: “You believe you’re the person to clean up the FDIC?”
Gruenberg: “I do, Senator.”
Kennedy: “Do you also believe that Elvis is alive?”
Gruenberg: “Not…
