WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said abuses documented in a report on workplace problems at the U.S. Federal Deposit Insurance Corporation were “totally unacceptable” and not in line with the Biden administration’s core values.
Yellen did not reply when asked after an event in Fredericksburg, Virginia if FDIC Chair Martin Gruenberg should resign after an independent report by law firm Cleary Gottlieb found he had engaged in bullying and verbal abuse.
But she made clear the reported behavior at the agency was not acceptable.
(Reporting by Andrea Shalal)
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