Barr, Huizenga Demand Gruenberg Recuse Himself from Independent Investigation, Produce Documents and Witnesses for Testimony

Letter

"As you are aware, the Committee on Financial Services has opened an investigation into the FDIC's toxic workplace. I write to ask that you recuse yourself from any oversight or control over any investigation that you may have initiated or organized with an "independent" outside entity. I further ask that: 1) the terms, conditions, work plan, and work parameters associated with any independent outside investigation of the FDIC's toxic workplace initiated by the FDIC be provided to Congress; and 2) the full Board be responsible for overseeing the outside entity's investigation.

I am concerned that your ability to oversee a truly independent investigation that is in the best interest of the FDIC and the banking system is limited. Your conspiracy to engineer a coup against your predecessor, a first-generation immigrant woman, amplified and reinforced a culture of workplace hostility toward women. The hostility of those actions undertaken by you and fellow Democrat-appointed regulatory officials sent a clear signal throughout the FDIC that diversity, equity, and inclusion can and will be abandoned in favor of self-interest. Moreover, this posture sends the message that hostility toward women can and will be adopted, if that is what it takes to get ahead. This posture is at the heart of the recent WSJ articles depicting widespread toxic culture at the FDIC, and one that you continued to perpetuate in order to assume your current position.
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As the Financial Services Committee investigation proceeds, please allow FDIC staff to be open and transparent. Please, also, provide the Committee upon receipt of this letter with any documents that form a contractual relationship between the FDIC and any outside firm that you arranged to investigate the hostile workplace culture at the FDIC, including the terms set for the outside investigation."

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