top1playtoearncryptogames| The Federal Deposit Insurance Corporation is shocked to expose a sex scandal, and Chairman Grunberg resigns

On Monday local time, Federal Deposit Insurance Corporation Chairman Martin Gruenberg announced he would resign after revelations that the company's working conditions were harsh, putting the regulator at the center of a fierce political battle and sparking calls for him to step down.

Grunberg, 71, is under increasing pressure after a scathing report detailing widespread sexual harassment and discrimination at the bank regulator during his tenure.

Earlier this month, the law firm Cleary Gottlieb Steen & Hamilton reached the above conclusion after a months-long investigation into a media report that female FDIC employees faced a "sexualized boys club environment" based on testimony from more than 500 people.

The investigation listed these behaviors that occurred under the noses of multiple FDIC leaders over decades, but did not find Grunberg himself to engage in harassment or discrimination, but listed examples of his tantrums with employees and questioned whether he was the best person to push for change.

Since the law firm's report was released on May 7, Grunberg has vowed to address the agency's problems and apologized to employees multiple times. Last week, he told lawmakers, including Brown, that he was the right person to lead the agency through cultural reform.

Grunberg said in a statement Mondaytop1playtoearncryptogames:"In view of recent events, I am prepared to resign my duties once a successor is confirmed."