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Statement by Chairman Martin J. Gruenberg on FDIC Board Creating a Special Review Committee

November 21, 2023

For Release

I support and welcome the action by the FDIC Board today establishing a Special Review Committee consisting of FDIC Board Members McKernan and Hsu to direct and oversee an independent, third–party review of the FDIC’s workplace and culture, and delegating to the Special Committee the full authority to do so. I will play no role in overseeing the review. I thank Board Members McKernan and Hsu for assuming this very important responsibility.

Last Updated: November 21, 2023