Name: FDIC Chairman Recants Testimony on Toxic Workplace Investigations
Uploaded: 2023-11-15T19:44:00Z
Duration: 1 min 6 s
Description: Federal Deposit Insurance Corp. Chairman Martin Gruenberg denied being subject to investigations for inappropriate workplace conduct at a House hearing, but later recanted his testimony, citing a 2008 investigation. Photo: Alex Wong/Getty Images

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Federal Deposit Insurance Corp. Chairman Martin Gruenberg denied being subject to investigations for inappropriate workplace conduct at a House hearing, but later recanted his testimony, citing a 2008 investigation. Photo: Alex Wong/Getty Images

https://m.wsj.net/video/20231115/c2483519-bb5c-4dd9-b207-dc1d8bdff6f7/1/hls/manifest-hd-wifi.m3u8

FDIC Chairman Recants Testimony on Toxic Workplace Investigations

There's a lot of discussion about your agency. I was just wondering, since you've run the agency, been there for 20 years, have you ever been investigated for inappropriate conduct during your time at the F-D-I-C? Pardon me?

No. Mr. Chairman.

All right, well, I appreciate your candor. I believe the workplace culture starts at the top. As I understand it, Chairman Gruenberg, you'd like to correct the record

If I may, Mr. Chairman, thank you. You asked me a question earlier and just for to be specific and for clarification. In 2008, I was interviewed pursuant to a review done in response to a concern raised by an employee, and I'm not aware of anything that came out of that review, but since you asked the question earlier, I just wanted to respond clearly for the record and we'd be glad to provide you any additional information relating to that.

Thank you. Thank you. And thank you for consulting with counsel and coming back and correcting the record.