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

1993
Appointed as General Counsel of the FDIC
1997
Became Vice Chairman of the FDIC Board of Directors
2005
Served as Acting Chairman of the FDIC for the first time
2011
Nominated by President Obama to serve as Chairman of the FDIC
2012
Confirmed by the Senate as Chairman of the FDIC
2012
Implemented reforms to strengthen financial regulation following the 2008 crisis
2013
Faced criticism for the FDIC's handling of Operation Choke Point
2014
Oversaw controversial regulations on payday lenders
2015
Led efforts to improve cybersecurity in the banking sector
2015
Criticized for the FDIC's slow response to cybersecurity threats
2017
Served as Acting Chairman of the FDIC for the second time
2018
Faced scrutiny over the FDIC's oversight of Wells Fargo's misconduct
2019
Criticized for not doing enough to address discrimination in lending practices
2020
Faced challenges in managing bank stability during the COVID-19 pandemic
2021
Criticized for the FDIC's approach to cryptocurrency regulation
2022
Appointed as Acting Chairman of the FDIC for the third time
2022
Confirmed by the Senate for a second full term as FDIC Chairman
2022
Involved in a public dispute with FDIC board members over merger review process
2022
Faced controversy over the FDIC's handling of the failure of Signature Bank
2023
Criticized for the FDIC's response to regional banking crises

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

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