Key Democrat backs embattled US FDIC chief amid harassment scandal

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Key Democrat backs embattled US FDIC chief amid harassment scandal
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What's different a year after the wildfires? | SaltWire #novascotia #firefighting #wildfires #news - Maxine Waters, the top Democrat on the U.S. House Financial Services Committee, expressed dismay on Thursday at reports of sexual misconduct and other workplace problems at the U.S. Federal Deposit Insurance Corporation but stopped short of calling for the chair's resignation.

Support from Waters, a key Democratic player in congressional oversight of the agency, which is charged with helping ensure the stability of the U.S. banking system, will be crucial in helping Gruenberg survive calls for his ouster.

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