Martin J. Gruenberg
Martin James Gruenberg is an American attorney who has been chairman of the Federal Deposit Insurance Corporation (FDIC) since 2023. Gruenberg previously served as FDIC chairman from 2012 to 2018; as well as on an acting basis from 2005 to 2006 and 2011 to 2012.
Some of the key events about Martin J. Gruenberg
- 1993Appointed as General Counsel of the FDIC
- 1997Became Vice Chairman of the FDIC Board of Directors
- 2005Served as Acting Chairman of the FDIC for the first time
- 2011Nominated by President Obama to serve as Chairman of the FDIC
- 2012Confirmed by the Senate as Chairman of the FDIC
- 2012Implemented reforms to strengthen financial regulation following the 2008 crisis
- 2013Faced criticism for the FDIC's handling of Operation Choke Point
- 2014Oversaw controversial regulations on payday lenders
- 2015Led efforts to improve cybersecurity in the banking sector
- 2015Criticized for the FDIC's slow response to cybersecurity threats
- 2017Served as Acting Chairman of the FDIC for the second time
- 2018Faced scrutiny over the FDIC's oversight of Wells Fargo's misconduct
- 2019Criticized for not doing enough to address discrimination in lending practices
- 2020Faced challenges in managing bank stability during the COVID-19 pandemic
- 2021Criticized for the FDIC's approach to cryptocurrency regulation
- 2022Appointed as Acting Chairman of the FDIC for the third time
- 2022Confirmed by the Senate for a second full term as FDIC Chairman
- 2022Involved in a public dispute with FDIC board members over merger review process
- 2022Faced controversy over the FDIC's handling of the failure of Signature Bank
- 2023Criticized for the FDIC's response to regional banking crises
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