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Published 12 days ago

FDIC Investigation Finds Culture Rife With Sexual Harassment, Discrimination

  • Female FDIC employees faced sexual harassment, including lewd comments and naked photos from senior bank examiners, causing many to leave the agency.
  • An independent report revealed widespread sexual harassment, retaliation against complainants, and lack of action by FDIC leadership.
  • FDIC Chair Gruenberg acknowledged the report's findings of mistreatment, fear, and anger among staff, prompting a need for cultural transformation.
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