FDIC Faces Inside Reckoning Over Poisonous-Tradition Allegations

The Federal Deposit Insurance coverage Corp. is going through an inside reckoning over allegations of widespread harassment and discrimination, with many staff left skeptical in regards to the company’s dedication to overtake its tradition.

Within the weeks since a Wall Avenue Journal investigation revealed that a poisonous tradition on the FDIC had prompted many feminine financial institution examiners to stop over time, there have been inside debates over who ought to oversee an exterior investigation and blowback from staff on a number of division-wide calls.