[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 1574 Introduced in House (IH)]
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118th CONGRESS
2d Session
H. RES. 1574
Calling for the removal of Federal Deposit Insurance Corporation
Chairman Martin J. Gruenberg from his position, effective immediately.
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IN THE HOUSE OF REPRESENTATIVES
November 15, 2024
Mr. Huizenga (for himself, Mr. Barr, Mr. McHenry, Mr. Hill, Mr. Lucas,
Mr. Sessions, Mr. Posey, Mr. Luetkemeyer, Mrs. Wagner, Mr. Williams of
Texas, Mr. Emmer, Mr. Loudermilk, Mr. Mooney, Mr. Davidson, Mr. Rose,
Mr. Steil, Mr. Timmons, Mr. Norman, Mr. Meuser, Mr. Fitzgerald, Mr.
Garbarino, Mrs. Kim of California, Mr. Donalds, Mr. Flood, Mr. Lawler,
Mr. Nunn of Iowa, Ms. De La Cruz, Mrs. Houchin, and Mr. Ogles)
submitted the following resolution; which was referred to the Committee
on Financial Services
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RESOLUTION
Calling for the removal of Federal Deposit Insurance Corporation
Chairman Martin J. Gruenberg from his position, effective immediately.
Whereas Martin J. Gruenberg has served as the Chairman of the Federal Deposit
Insurance Corporation for nine of the last thirteen years;
Whereas Martin J. Gruenberg oversaw and contributed to the toxic and abhorrent
workplace at the Federal Deposit Insurance Corporation;
Whereas Martin J. Gruenberg was credibly accused of mistreating his staff;
Whereas Martin J. Gruenberg's treatment of staff has led to continued staffing
shortages and retirements;
Whereas Martin J. Gruenberg's treatment of staff prevented the agency from
effectively supervising banks, which contributed to the failure of
multiple financial institutions;
Whereas Martin J. Gruenberg's failure to address workplace issues jeopardized
the safety, soundness, and stability of the United States financial
system;
Whereas Martin J. Gruenberg has prioritized partisan rulemaking over
collaboration to rectify a toxic workplace for the staff of the Federal
Deposit and Insurance Corporation; and
Whereas Martin J. Gruenberg should not be the person to lead a cultural
transformation at the agency: Now, therefore, be it
Resolved, That the House of Representatives calls for the removal
of the Federal Deposit Insurance Corporation Chairman Martin J.
Gruenberg from his position, effective immediately.
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