WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) Board of Directors has taken a bold step towards addressing workplace concerns, establishing a special committee to oversee an independent third-party review of the agency’s culture.
The move comes as a response to the need for a safe and inclusive working environment, with the FDIC emphasizing that sexual harassment, discrimination, and other misconduct have no place in their organization. The Board is committed to identifying and addressing the root causes of these issues and promoting accountability.
Directors Jonathan McKernan and Michael J. Hsu have been appointed as co-chairs of this special committee. They will be joined by up to three non-voting members, likely from outside the FDIC, to ensure a diversity of views. The review is set to be fully independent, with findings reported directly to the special committee.
The Board’s statement reads: ‘All employees at the FDIC need to feel safe and able to speak out if they are subject to, witness, or encounter inappropriate behavior in the workplace.’ This commitment underscores the FDIC’s dedication to fostering an environment that supports its mission of maintaining stability and public confidence in the nation’s financial system.
While this review is underway, the FDIC Board acknowledges the nearly 6,000 professionals who work at the agency, praising their contributions to its important mission. This proactive step by the FDIC signals a commitment to transparency and accountability, aiming to set a new standard for workplace culture in government institutions.
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Last Updated: November 21, 2023
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Key Facts
- Agency: FDIC
- Category: Public Corruption|White Collar Crime
- Source: Official Source ↗
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