Ernst: Enough of the FDIC's Frisky Business

Press Release

Date: Nov. 29, 2023
Location: Washington

"The Wall Street Journal's recent exposés--based on the accounts and experiences of more than 100 current and former FDIC employees, most of whom are women--revealed this reprehensible behavior is not only being tolerated, but rewarded. The world now knows what the women of the FDIC have known for more than a decade: you and your predecessors have utterly failed them.

The FDIC has the legal authority to fire individuals who engage in misconduct and disregard for the well-being of a banking institution. These same standards should be applied to the employees at the FDIC who engaged in this revolting behavior.

The civil servants these monsters abused are owed more than just an apology, they deserve justice. The women of the FDIC will not have justice until every perpetrator of criminal activity, past and present, receives a verdict from a jury of their peers…If you do not aggressively pursue each of the allegations and proactively share the findings with law enforcement, Congress, and the American people, I will. You can take that to the bank."


Source
arrow_upward