Martin Gruenberg is set to exit as FDIC Chair, with Representative Tom Emmer blasting him as “an architect of Operation Chokepoint 2.0.”
Martin Gruenberg, the chair of the Federal Deposit Insurance Corporation and alleged “architect of Operation Chokepoint 2.0,” has reportedly announced he’ll retire on Jan. 19 — a day before Donald Trump is inaugurated as president.
Reuters reported on Nov. 20 that Gruenberg, a Democrat, confirmed his departure in a message to FDIC employees, saying that he had informed the outgoing President Joe Biden of his decision.
Republican House Representative Tom Emmer blasted Gruenberg on X in response to the news, claiming he was “an architect of Operation Chokepoint 2.0 and drove the FDIC into the ground, failing to protect his own employees from the toxic work environment that he cultivated.”
