New York CNN —
President Joe Biden has nominated Christy Goldsmith Romero as chair of the Federal Deposit Insurance Corporation.
The announcement comes after current FDIC Chair Martin Gruenberg said he intended to resign once a successor is confirmed by the Senate following a scathing independent investigation detailing pervasive sexual harassment, discrimination and bullying at the agency charged with regulating the banking sector.
Goldsmith Romero, a Democrat, served as special inspector general for the Troubled Asset Relief Program at the Treasury Department that was borne out of the Great Recession. In that role, she was responsible
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