WASHINGTON, D.C. – The Senate Banking Committee this week approved the nomination of Martin Gruenberg to be the permanent head of the Federal Deposit Insurance Corporation (FDIC), along with approving two other FDIC nominees.
Mike Calhoun, president of the Center for Responsible Lending (CRL), issued the following statement:
Martin Gruenberg is a well-qualified, experienced financial regulator with a strong track record of protecting depositors, taxpayers, and consumers. We urge the full Senate to swiftly confirm Mr. Gruenberg, along with vice chair nominee Travis Hill and board of directors candidate Jonathan McKernan, so that the FDIC will have a full board with whom we can work to try to create a fairer, more inclusive financial marketplace.