Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

FDIC Workplace Culture

Director Jonathan McKernan
 Statement  
November 15, 2023

Recent reporting on the FDIC should shock us all. A full accounting is required. As initial steps, I urge that the FDIC board: 
 

  1. Release victims from their confidentiality agreements
  2. Figure out why no perpetrator was fired—even one who texted nude photos to co–workers
  3. Expand the investigation to cover workplace culture
  4. Ensure the investigation is truly independent by forming a board committee to direct the outside law firm’s review

 

It is important that the FDIC board itself—not FDIC management—direct this investigation. It is hard for an agency to investigate itself; this review is more likely to be objective if the outside law firm is directed by a committee of independent FDIC board members.

Last Updated: November 15, 2023