Finance
US Senators Ask FDIC’s Inspector General to Probe Hiring Freeze
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Elizabeth Warren and three other US senators are asking the Federal Deposit Insurance Corp.’s inspector general to probe whether the agency’s decision to rescind more than 200 bank-examiner job offers threatens the stability of the banking system.
In a letter to FDIC Inspector General Jennifer Fain, Warren and other Democratic members of the Senate Banking Committee asked that she conduct an evaluation of the decision by FDIC Acting Chair Travis Hill, a Republican, following a move by the administration of President Donald Trump to impose a hiring freeze across the federal workforce.