gruenberg, let me start with you. i associate myself with all of the deep concerns expressed in the findings of the report, including those expressed by senator warnock. i have been listening to her testimony before i got here. i think each of us who ask you this question are repeating the question, because we want your personal commitment to following through right away in implementing all of the recommendations and i just want to say that we will be watching like a hawk to make sure this happens. do i have your personal commitment that you will immediately implement these reforms, so that we can change the culture at the fdic? i think you care loudly and clearly that that will be an absolute requirement going forward. vice chair barr, i want to pick up on a couple of questions that some of my colleagues have asked. i want to start with the issue of implementation of section 956, which as you know was required under the bill passed over a decade ago and am glad to see signaled their intent to propose the rule and i k

gruenberg, i would. but the only person are who can fire mr. gruenberg is president bi biden. no one at the white house wants to talk about this. no one seems interested in firing chairman gruenberg or demanding his resignation. instead -- and president biden won't even address it. he sent a spokeswoman out to suggest that president biden has not fired mr. gruenberg because, quote, chairman gruenberg apologized and has committed to the recommendations that have been provided by the independent report. let me get this straight. chairman gruenberg is going to implement the recommendations, which investigated the abuse while he was chairman of the fdic. let's take a look at a few of the recommended changes that president biden thinks chairman gruenberg is qualified to implement. one recommendation that the report includes says the fdic must work to protect the victims of sexual harassment, discrimination, and bullying. you think? how is mr. gruenberg who issued a statement today i might resign as soon as the senate confirms my successor. how is mr. gruenberg who's proven for more

gruenberg: yes, i do. mrs. wagner: did it ever once occur to you that something highly inappropriate was going on at these offices? mr. gruenberg: the kind of deep-seeded workplace culture did not come through in those visits. mrs. wagner: you got to be kidding me. why? how could you not know? you've been there on the board 19 years and you are telling me that you've never heard a single story of harassment and, sir, i remind you, you are under oath. mr. gruenberg: congresswoman, i understand the question and why you ask it. in those visits i met with employees, rank and file employees. it simply did not come forward. mrs. wagner: well, this report has some of the most horrific h.r. abuses that i have ever read in my life. we can talk all day about your personal management problems and that i find appalling also. but what's more concerning is the complete ignorance and the -- of the well-being of the employees that you're entrusted with leading and the fact that you don't even visit or talk to them -- once a ye

will -- math group gruenberg will step down -- matt gruenberg after a report that the fdic has been gruenberg's want grady trimble is with us now on this story. what's the white house saying about it, grady? >> reporter: the president will put forward a new nominee for fdic chair soon. martin gruenberg released a statement saying he'll step down once a successor is confirmed. until that time, he says, i will continue to fulfill my responsibilities as chairman of the fdic including the transformation of the agency's workplace culture. pressure on gruenberg to resign has been building since two grueling congressional hearings last week. lawmakers pressed him on the sexual harassment, stalking and if bullying at the finishing dic under his mel helm as well as gruenberg's own anger issues. >> you've led the agency for 10 of the last 13 years. we've had significant bank failure withs. do you think -- failures. do you think that the fact you respond to bad information by attacking or yelling at the person presenting that that information makes those people less willing to present if bad i

likely not happen if gruenberg were pushed out.de this point today that it's a sort of political calculus by democrats in not coming after gruenberg harder. i think you did see a lot of democrats on the house side be pretty harsh in their criticism. there are at least two house democrats who now seem to be, you know, indicating that they would support him resigning and a couple others who said they had serious doubts. but i think on the senate side you saw democrats take a much more measured approach in the hearing. laura: and greenberg apologized, saying he will change the culture, that he'll take an anger management course. what reaction, though, are you hearing, and do you think that he's done enough to save his job? rebecca: it looks for now like his job is safe. there may be other shoes to drop here. the house is investigating. they've been speaking to fdic employees, the inspector general has said it's investigating, so more could come out on this. but absent additional political pressure from democrats, i'm not sure what wou

gruenberg admits he contributed to that with his own anger issues. angry and upset and who could not control his temper. extremely difficult and volatile. by today gruenberg acted calm and apologetic in front of congress, but his sorries not getting hip much sympathy. him much sympathy. >> the fact that you've not yet resigned proves that you take no responsibility for your actions. this includes your, mr. chairman, your verballing hi abusive behavior. i'm giving you an opportunity to say you're going to seek anger management counseling. are you -- do you intend to do that? >> i'm happy to -- >> no, no, i'm asking what you intend to do. >> reporter: democrats stopped short of telling gruenberg to go, but hay did put him through the wringer for his bad behavior. >> if i'm going to be honest, i'm pisseded off. i heard people saying upset, appalledded. i can't sit up here and say that i'm all right with it, because i'm not. >> reporter: and the big question is, is president biden all right with it. he's the only one that can fire him is since gruenberg

. >> earlier today, the chair of the fdic, martin gruenberg and michael barr appeared before the senate to if found continued sexual -- harassment at the agency. watch at 9:00 eastern on c-span. >> joining us now is a professor of law, civil rights■i and socil justice at georgetown university. the author of a book, "white space, black hood." it has been 70ears since the supreme court gave its decision in brown v board of education. haseen the lasting impact? >>ost lasting impact is that brown captured the imagination of a new gener of young people who were to believe -- i am a free and equal citizen. be able to go to school institution in america on a nonracial basis. institution on a nonracial basis. that inspired people like my parents and that culminated in a social and the civil rights act of the 60's. only after that social revolution that the court be enforce brown. brown gets actively enforced by federal courts in 1968-1988 where you have this golden age of school integration which i benefited from. born and raised in huntsville, alabama. i am a proud, young baby br.we d public s

gruenberg june who eric lander is? >> no i'm not familiar progress former director of the office of science and technology policy. june who martin stickman is? >> and no servitude inspector general for nine states railroad retirement board. if you do not know who either of these art you may not know what they have in common. both were either fired or resigned for mistreating their staff. mr. lander resigned in february 2022 after reports reportsurface he bullied and mistreated subordinates. mr. stickman was subject to investigation like the one the fcic just underwent it. .that investigation found he create a quote toxic work environment and engaged and inabusive treatments." mr. biden fired him two months ago. you probably remember on the day before his inauguration present biden they have zero tolerance policy for this kind of behavior. you ever work with me and i hear you treat another colleague with disrespect or talk down to someone, i will fire you on the spot. note if, and, or butts." so these two men lost their

gruenberg today. also testifying at the federal oversight hearing, michael barr and acting comptroller michael sue. you are watching live coverage on c-span3. >> we are waiting for the senate banking committee to get underway. testifying today, fdic chair, martin gruenberg, michael barr, and michael hsu. martin gruenberg was facing a bipartisan grilling yesterday over a report that found pervasive harassment and mistreatment of employees at the agency. democrats yesterday blasted gruenberg's leadership and openly questioned whether he should stay at the agency but stopped short of joining republicans and calling for his removal, which would lead to a crackdown on big banks and halts financial rules opposed by the industry. that, from politico. today senate lawmakers are expected to continue the questioning. senator brown is chair and tim scott of south carolina is the top republican on the banking committee. you are watching live coverage on c-span3.

mcconnell: yesterday, fdic chairman martin gruenberg announced he was prepared to step down from hisition and expressed pride in maintaining public confidence in the nation's banking system. unfortunately, there is little such confidence in his ability to foster a safe working environment for the agency's empl employees. but despite alarming reports about rampant sexual harassment, abuse, and retaliation at the fdic, is senate democrats in position to insist on change have actually pulled their punches. instead of calls for m mr. gruenberg's prompt resignation, we've heard everything from confidence in his ability to lead charge at the agency to delicate suggestions that the president nominate a new chair. the senior-most members of the banking committee apparently can't bring themselves to call a spade a spade. surely, their reluctance has nothing to do with the fdic's line of succession, which would fill a vacancy with the agency's distinguished vice chair, who happens to be a republican. surely, our colleagues won't play politics in the face of such glaring failures of leadership

the agency's chairman, martin gruenberg is now facing calls to resign.z reports, his resignation could change the fdic's plans for regulating banks. >> that's right. this all comes after a recent audit and major news investigation found serious problems with the fdic's replace culture including pervasive sexual harassment, bullying and disk termination on the basis of gender, race and sexuality for decades. martin gruenberg has spent the last two days trying to convince lawmakers on capitol hill that he should keep his job. but that did not stop the bipartisan wave of anger and reprimands. >> the level of intimidation that is embedded in the culture after a decade of your leadership you can't just u nravel or unscramble that egg. you have heard me say this to you directly. you -- you should resign. your boys do not have confidence in you. >> we are joined by an investigative reporter who broke the wall street journal. thanks so much for joining the newshour. you published a story in november of 2023 after speaking with more than 100 fdic employees includ

approximate asked chairman gruenberg of the agencies among themselves decided in fact they're going to tweak this rule and make it final and not re- propose yes or no question. >> note center. >> there are substantial changes need to be made of this rule many believes this rule should be re- proposed. all three if you are a member as you probably heard secretary yellen's call last week that we need to establish a federal bailout fund and shoot here and thatcomment vice chair? >> i'm not sure i would've characterize the comment in that way. i did issue a report on non- bank you've got a risk associated progress it should wt call for a federal bond to support them in case they got into financial trouble? >> the report had a set of recommendations. one was for congress to think about industry funded liquidity facility. >> omit reclaim my time on that. let me remind all of you why are we in this boat? because it dodd frank pushing a mortgage servicing business out of the depository institutions that were regulated had regular supervision and shifted it to the non- bank sector would you say

martin gruenberg to resign? to quit? >> i think, senator, you said that the complaints have been made to the proper federal agencies. >> not yet, but they are coming. i am asking you, what are you planning on doing, if anything, because it does not sound like you are planning to do anything to help these young female employees. >> i am happy to make sure that the eeoc is aware. >> you will not do anything about it as labor secretary. >> let me say this, mr. senator, i know that the people need a very strong department of labor. our authority to investigate, and to end bad labor practices are bound by the authority that is given by you. these investigations occur at another agency. >> you are not going to do anything, are you? >> i will. >> you are not going to do everything within your power to help them. >> thank you, senator kennedy. we are going to begin a second round of questions. i do understand that some people are trying to return to their opportunity to do their first round. for far too long, many americans were

gruenberg called the findings sobering and pledged to make changes. more than a century, the boy scouts of america will change its name, to simply, scouting america. the rebrand reflects the organization's shifts toward inclusivity, namely, allowing girls to join its ranks. in an interview, president and ceo roger krone said, in the next 100 years, we want any youth in america to feel very, very welcome to come into our programs. and, on wall street: stocks mostly drifted in lackluster trading. the dow jones industrial average gained 32 points to close at 38,884. the nasdaq fell 16 points. the s-and-p 500 added 7. still to come on the newshour. president biden denounces the rise in anti-semitism in a speech marking holocaust remembrance day. a look at whether campus protests against the war in gaza qualify as civil disobedience. and, anita hill on the overturning of harvey weinstein's rape conviction and what it means for the me too movement. >> this is the "pbs newshour" from weta studios in washington, and in the west, from the walter cronkite schoo

gruenberg came after he testified last week on capitol hill before house and senate lawmakers.ou can watch either of those hearings on our website c-span by typing fdic in the search bar. >> this week on the c-span networks -- the house and senate are in session. the house will take up legislation clarifying the securities and exchange commission and the ability to regulates a it's and cryptocurrency and the senate will take a revote on an immigration bill that was blocked earlier this year. secretary blinken will testi two congressional committees to discuss s department's proposed 25 dget and the state of ameca democracy and global instability on tuesday before the senate foreign relations committee and then on wednesday before the house reign affairs committee. on thursday, northwestern university president michael schill, rutgers university president will talk about the anti-semitic protest on their campus before the house education and workforce committee. and beginning friday, live coverage of the three-day libertarian convention. friday speakers include 2024 independent

the white house confirmed that martin gruenberg will step down once his successor is appointed. his departure comes after a report cites alleged incidents of stalking, harassment, homophobia, and other things at the federal agency. the report was based on more than 500 complaints from employees. >> well, the nation's midsection is expected to get slammed by a new round of severe weather today. more than 50 million people are at risk. last night baseball-sized hail cracking a car's windshield. an intense line of thunderstorms is expected to push through iowa and missouri this afternoon, reaching chicago and milwaukee later on this evening. tomorrow severe weather will flare up in texas, arkansas, and oklahoma, and extending all the way north to buffalo. >>> coming up, arizona police rush into a home to save a baby who was shot during a domestic violence incident. >>> and a former red sox pitcher is arrested. the disturbing charges he's facing. facing. if advanced lung cancer has you searching for possibilities, discover a different first treatment. immunotherapies work with your

martin gruenberg is currently serving his second term as head of the bank regulator.e's come under fire in recent months after an external review found evidence of a toxic workplace culture, including reports of employee mistreatment and sexual harrassment. in a statement, gruenberg said that "in light of recent events, i am prepared to step down from my responsibilities once a successor is confirmed." a federal judge is reopening the sentencing hearing of david depape, the man convicted of attacking nancy pelosi's husband paul with a hammer. depape was sentenced friday to 30 years in prison, but the judge said she erred in not offering him a speaking opportunity before sentencing, as the law requires. a new hearing is scheduled for may 28. and a wall street related passing of note. ivan boesky has died. a central figure to the insider trading scandals of the 1980s, he was also the basis for the michael douglas character gordon gekko in the film "wall street." boesky made his fortune betting on corporate takeover targets, often with the help of illegaly-obtained infor

madam speaker, the time has arrived for the fdic chairman martin groundberg to -- gruenberg to resign or be fired. i yield back. the speaker pro tempore: the chair recognizes the gentlewoman from illinois, mrs. ramirez, for five minutes. mrs. ramirez: i ask unanimous consent to address the house for five minutes. mr. speaker, in recognition of jewish american heritage month i rise today to honor my constituent, a long time descendent of our multicultural, multiracial democratcy, naturalla brahmasble. naturalla has dedicated her entire life to organizing multicultural interfaith coalitions for economic and racial justice. and for the last 10 years, marla has been a passionate voice for jewish neighbors leading the community organizing team at the jewish council on urban affairs. through these efforts he she has helped achieve significant victories for a community, for our city and our state. ending cash bail in illinois. protecting affordable housing units across the city of chicago. expanding medicaid coverage for undocumented immigrants. and making sure that our communities understan

annocer: reuters is reporting on fdic chair at martin gruenberg, annncing his plan to resign after reportsf employee mistreatment ansexual harassment at the fdic came to light. he said heould remain at the position until the new successor is confirmed. a white house spokesperson confirmed president biden will soon put forward a new nominee for fdic chair. the announcement came after he testified last week on capitol hill before house and senate lawmakers. you can watch either of those hearings on our website, c-span.org, by typing"fdic" in the search bar. announcer: on tuesday, secretary of state antony blinken will testify about his recent trip to the ukraine, the ongoing fightingetween israel and hamas, in the president 20 budget request. watch live covera from the senate foreign relations committee on c-span3,, c-span now, our free mobile app, or online at c-span.org. ♪ announcer: c-span is your unfiltered view of government. we are funded by these television companies and more, including sparklight. >> the greatest town on earth is the place you call home. at sparklight, it is our home

it makes you wonder if the scripts were flipped and gruenberg were a republican what all these democratart: they would not. thanks very much. one real estate billionaire is preparing a bid to buy tiktok. lauren: you might know him as the former dodgers owner, a nonprofit called project liberty that formed a consortium to buy tiktok an incredible opportunity to catalyze an alternative to the current tech model colonized the internet. the white house is getting breakdance until january 19th to sell tiktok or ban it. the value of that business is between 20, and $100 billion. the drama over it is not over. 8 creators are suing the biden administration over this potential ban, it threatens our free-speech and love this, it should is a discrete medium of communication than that's become part of the american life. the biden campaign is on tiktok, have to be there because that's how people get information. they are admitting the lawsuit is part of the american life. having said that how do you ban it. stuart: what do you say? >> it's possible they find somebody who wants to buy it. what i feel

barons of the wall street journal, mark gruenberg, staying on as an important decider of which capitalinto action. who are the most important people we should be watching? rodgin: the effort is being led by the federal reserve. they are going to want to get the other two government agencies, the prudential bank regulators, involved. the fbi see and the occ -- fbi see and occ -- fdic and occ. jamie dimon bus efforts have been echoed by inserted efforts from the regulatory agencies in the halls of congress, the media, and with the administration. david: and all of those comments are having an effect. we heard from the vice chair now that we should expect a substantive revisions to the proposals. what do you expect to come out? rodgin: so, i agree that there will be substantial revisions and that those will be in the component parts and therefore in the overall outcome. the agencies have a real dilemma, here. number one, they can't simply adopt a final rule. that is susceptible to legal challenge because significant changes typically were ira new proposal, not just adoption. or they can r

. >> earlier today, the chair of the fdic, martin gruenberg and michael barr appeared before the senate to testify on an independent investigation that found continued sexual -- harassment at the agency. watch at 9:00 eastern on c-span. c-span now, or online at c-span.org. >> joining us now is a professor of law, civil rights and social justice at georgetown university. the author of a book, "white space, black hood." it has been 70 years since the supreme court gave its decision in brown v board of education. what has been the lasting impact? >> the most lasting impact is that brown captured the imagination of a new generation of young

white house officials saying president biden will name a replacement for gruenberg soon.resident, what it may mean for the middle east, president biden's commencement address and, oh, yes, the former president's trial in new york. sg these two every thursday. help fuel today with boost high protein, complete nutrition you need... ...without the stuff you don't. so, here's to now. boost. let's get started. bill, where's your mask? i really tried sleeping with it, everybody. now i sleep with inspire. inspire? no mask? no hose? just sleep. learn more, and view important safety information at inspiresleep.com ♪ my back got injured very bad. i was off work for about a year. i heard about relief factor from my wife... i took it every day, three times a day, for three weeks. ...look at her and i said, "the pain is gone." and she said, "i'm glad it helped." i said, "no, you don't understand. it's gone." you, too, can feel better every day with relief factor, a daily supplement that fights pain naturally. call or go online now and get 35% off your first order. >> i'm here instead

. >> the white house announced that martin gruenberg will leave the federal deposit insurance corporationnce a successor is appointed. a report from a law firm last week documented more than 500 complaints from employees about stalking, harassment, homophobia and other issues. members of congress began calling for greenberg's resignation from the banking regulator. following that report . the biden administration is calling on water utilities to better protect themselves from hackers. the environmental protection agency warns that cyber attacks against water utilities across the country are becoming more frequent, more severe and that many utility companies are not meeting simple security goals, including failing to change default passwords or cutting off access to former employees. the epa says a successful cyberattack could threaten a community's access to safe drinking water. >> coming up, a big step completed today at the baltimore port when it comes to that devastating bridge collapse, how explosions were used to help move the process forward and a quick reminder that you can get ktv

. >> thursday, fdic chair martin gruenberg, federal vice chair michael barber and comptroller of the currency michael suda testify about financial oversight. a recent independent investigation found continued sexual harassment and discrimination at the fdic. watch live before the senate banking committee beginning at 10:00 a.m. eastern on cpn -- c-span three, c-span now, our free mobile video app or online at c- span.org. >> now they've wrecked their country so they want to come here and collect our welfare instead. so no asylum cases. >> most people come here to make a better life, if not for them, for their kids. my italian grandparents never spoke english. i never had a conversation with them and yet they made america great. >> this friday, author ann coulter and columnist saw rabbi murray delete recent magazine's nick lesbian the young turks for euchre over the question should the u.s. shut its borders. the debate is moderated by barry weiss. watch it friday at 9:00 p.m. eastern on c-span and online at c-span.org. >> c-span is your unfiltered view of government. we are feared and

martin gruenberg says he'll stay on until a replacement is named the white house says that's going to happen soon. the latest data shows inflation easing. things are getting better, but a number of big chains say they're seeing pullback from american consumers tired of high prices and shrinking products mcdonald's, home depot, starbucks all saying the same thing. target says it will lower some prices to get people back into stores. what's behind this decision by target? consumers have been showing since the inflation surge of a few years ago, very strong price fatigue, increasingly, we're seeing it especially lately for sort of the middle income consumer who may be more likely to be shopping at somewhere like target. well, that's ahead on today. meantime, we're learning more about what happened between openai and the actress scarlett johansson. we talked about this monday that openai was removing an ai voice that sounded very much like johansson's voice. johansson now says. openai asked her to do the voice, but she said no. they asked again. she said no. again. the company went with a

stepping down at the fbi see, martin gruenberg, following a scathing report detailing allegations of harassment and discrimination during his tenure. it came from a months long probe into a journal article about female bank examiners facing a sexualized boys club environment. the white house said that they would move quickly to nominate a successor. jamie dimon says that succession plans are well underway at jpmorgan chase, telling shareholders that senior individuals at the bank are being paired his eventual departure. the 68-year-old think that the timeline five years anymore, making reference to a long-standing tradition of saying that his retirement is five years away, no matter who asked. now we have a different answer from the man himself. lisa: at a time when they rearrange some of the management i'm elevated it to the top ranks. when he said he's not ready to wear the jersey and put it on every day and get on the field, he's not gonna. annmarie: exactly, he still says he has the energy though he saying it not five years anymore, timetable looks less, but says he still has the

then fda see chair martin gruenberg testifies on deep-seated workplace culture issues at the agency atght hearing before the house financial services committee. later, house speaker mike johnson delivers a tribute to fallen police officers during a prayer vigil on capitol hill. ngress returns this week for legislative business and votes, thnal work week before the memorial day break. the senate returns tomorrow at 3:00 p.m. eastern. senators to vote on ju nominations for u.s. district and circuit courts. later in the week, chuck schumer plans edule a procedural revote on i bipartisan b security bill blocked this the house is back on tuesday at noon eastern. lawmakers will consider bipartisan legislation dir the justice department's inspector general duct inspections of all federal prisons, and make recommendations to congress to y problems. later, ember's legislative character -- and thedity futures trading commission role in regulating digital assets and crrrency. watch live coverage ofhe house on c-span, the senate on c two, and a reminder that you can watcof our congressional covera