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Republican members of the House Financial Services Committee called on FDIC Chairman Martin Gruenberg to appear before the committee next month if he has not stepped down before then.
Details: All 29 Republican members of the committee signed the letter, which asked Gruenberg to immediately resign or appear before the committee on Sept. 19.
Background: President Joe Biden on June 13 nominated Christy Goldsmith Romero to replace Gruenberg, who announced in May that he would step down once a successor is confirmed. Goldsmith Romero testified at a Senate Banking Committee nomination hearing last month and would need to be approved by the committee and the full Senate to be confirmed.