02:53 PM EDT, 05/21/2024 (MT Newswires) -- The US Federal Deposit Insurance Corp. requires a "fresh start" with a new chairperson coming from outside the leadership that was in place amid allegations of sexual harassment and other misconduct within its ranks, Reuters reported Tuesday, citing a White House official.

On Monday, current FDIC Chairman Martin Gruenberg said he is prepared to resign after a successor is confirmed.

The FDIC did not immediately respond to MT Newswires' request for comment.

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