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Ernst: DOJ Must Investigate FDIC Chairman, Hold Criminals Accountable

No amount of mops could completely clean the FDIC frat house.

WASHINGTON – After yesterday’s report on the culture of misconduct at the Federal Deposit Insurance Corporation (FDIC), U.S. Senator Joni Ernst (R-Iowa) continued her calls for Chairman Martin Gruenberg to resign and demanded that President Biden order the Department of Justice open an investigation with real consequences.

jke fdic

Watch her full remarks here.


Following reports of sexual harassment and discrimination at the FDIC, Ernst was one of the first senators to call for FDIC Chair Martin Gruenberg’s resignation. In November 2023, she followed up by conducting critical oversight of this behavior at the FDIC and demanding any evidence of criminal wrongdoing by agency employees be turned over to the Department of Justice and local law enforcement for potential prosecution.

When the FDIC blew through her deadline for a response without answering her oversight questions, she introduced legislation to ensure federal employees and contractors who are found guilty of sexual misconduct face serious consequences for their actions, including termination.

After an FDIC senior official’s guilty plea on child pornography production charges, Ernst followed up on her promise to hold bureaucrats at the FDIC accountable for its culture of sexual misconduct and called on them to clean house.