February 07, 2022
Today, Senator Chris Van Hollen (D-Md.) joined his Democratic colleagues on the Senate Banking, Housing, and Urban Affairs Committee, led by Chairman Sherrod Brown (D-Ohio) and including Senators Bob Menendez (D-N.J.), Mark Warner (D-Va.), Elizabeth Warren (D-Mass.), Tina Smith (D-Minn.), and Raphael Warnock (D-Ga.), in issuing the following joint statement regarding Marty Gruenberg stepping into the role of Acting Chairman of the Federal Deposit Insurance Corporation (FDIC). Gruenberg, a former FDIC Chairman and Vice Chairman, has served on the board since 2005.
“The FDIC Board must continue its important work helping banks and communities as our economy recovers from COVID-19. Marty Gruenberg has had years of experience shepherding the FDIC through difficult economic times and recoveries, leading on important rulemakings following the financial crisis, and holding hundreds…
