Republican FDIC Board Members Call for Broader Oversight of Misconduct Probe at Agency

Two Republican members of the Federal Deposit Insurance Corp. board on Wednesday called for the board—not just the chairman—to oversee an investigation into allegations of harassment and discrimination at the agency.

“The conduct reported by The Wall Street Journal earlier this week has no place at this agency or anywhere in the workforce and should not be tolerated,” Vice Chairman Travis Hill and Director Jonathan McKernan said in a joint statement.