Washington D.C. – In a shocking move, the Federal Deposit Insurance Corporation (FDIC) Board of Directors has created two new, independent offices to handle claims of harassment and discrimination within the agency. But insiders claim the move is little more than a PR stunt, and that the real issue of harassment and cover-up continues to plague the FDIC.
The new offices, the Office of Professional Conduct (OPC) and the Office of Equal Employment Opportunity (OEEO), will be responsible for intake, investigation, and reporting of complaints of harassment, discrimination, and retaliation. But sources within the agency claim that the real power remains with the FDIC’s leadership, and that they will do everything in their power to cover up any wrongdoing.
“This is just a smoke screen,” said one insider, who wished to remain anonymous. “The leadership at the FDIC is still in charge, and they will do whatever it takes to keep their secrets safe. We’ve seen it time and time again – a new office is created, a few PR statements are made, and then business as usual continues.”
The FDIC’s leadership has long been accused of turning a blind eye to harassment and discrimination within the agency. In 2024, the agency’s Board of Directors approved the creation of the two new offices, which will be led by new corporate officers appointed by the Board.
The OPC will operate under the FDIC’s Anti-Harassment Program Directive and will serve as a single point of entry for employee complaints of harassment and other interpersonal misconduct. The OEEO will operate under several statutes enforced by the Equal Employment Opportunity Commission and will serve as a single point of entry for employment discrimination claims.
But even with the creation of these new offices, insiders claim that the culture of harassment and cover-up remains entrenched within the agency. “It’s business as usual at the FDIC,” said the insider. “They’ll create a few new offices, make some PR statements, and then go back to business as usual. Nothing will change.”
The FDIC’s Board of Directors has a history of being slow to act on allegations of harassment and discrimination. In the past, the agency has been criticized for its handling of high-profile cases of misconduct, and for its failure to hold executives accountable for their actions.
The creation of the OPC and OEEO is a step in the right direction, but it remains to be seen whether the agency will actually hold its executives accountable for their actions. One thing is certain, however – the FDIC’s leadership will stop at nothing to keep their secrets safe.
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