D-Day for Gruenberg: FDIC Chief Set to Face Hostile Lawmakers
Also, tough day in court for Nasdaq's board diversity rule; Cook hopeful that Finra will win constitutional challenge; Fed and OCC schedule hearing on Capital One-Discover deal
In nearly two decades at the FDIC, Martin Gruenberg has never faced a test quite like he will tomorrow. His job, literally, is on the line.
There’s no doubt that the embattled chairman, who is set to appear for the first of two days of congressional testimony, will face a hostile audience. House Financial Services Committee Republicans see blood in the w…