After pledging to resign due to an investigation into the workplace, Federal Deposit Insurance Corporation Chairman Martin Gruenberg is preparing to remain in power for the foreseeable future, people familiar with the conversation told The Wall Street Journal.
Law firm Cleary Gottlieb Steen & Hamilton concluded its investigation into the FDIC workplace in May, finding that 500 individuals, close to one-in-ten employees at the entire agency, had experienced some sort of “sexual harassment, discrimination and other interpersonal misconduct” in the workplace. Following the report and a congressional hearing, Gruenberg announced May 20 that he would resign from his post once a successor was named. (RELATED: Biden’s Next Big Nightmare Could Be Brewing In Aftermath Of Federal Sex Scandal)
After his resignation announcement, Gruenberg told his senior staff that he is planning to stay…
