Embattled FDIC Chair Gruenberg says he will resign Jan. 19. The decision averts what could have been a potential legal fight if Gruenberg were to stay and be immediately fired by President-elect ...

FDIC Chair Martin Gruenberg will resign before President Trump takes office. Gruenberg was accused of spearheading Operation Chokepoint 2.0. Gruenberg’s resignation paves the way for a potential ...

Gruenberg has been at the FDIC since 2005 and is the longest-serving FDIC board member in the agency's 89-year history. During that time he served as its chair twice — once under President ...

Following the report, FDIC Chair Martin Gruenberg testified to Congress on the issues in May, but outgoing House Financial Services Committee Chair Patrick McHenry, R-N.C., and other Republicans have ...

In coming days, the FDIC will waive several requirements in the plans banks are required to draw up for an orderly wind-down, should a bank fail, the acting chair said on Tuesday.

Gruenberg, a Democrat, said he would resign effective Jan. 19, the day before Trump’s inauguration. “Earlier today I informed the President that I will retire as Chairman and Member of the ...