CoinVoice has recently learned that Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), has announced he will resign the day before Trump takes office (January 19). Democrat Gruenberg confirmed his departure in a message to FDIC staff and stated that he has informed the soon-to-be outgoing President Biden of his decision.

The Federal Deposit Insurance Corporation (FDIC) is responsible for insuring deposits, reviewing and supervising financial institutions for consumer protection purposes, and managing failed banks, thereby maintaining the stability of the American financial system and public confidence. [Original link]