Gruenberg Bows to the Pressure; Plans to Remain Until New FDIC Chief is Confirmed

Also, Fed's Barr details plans for liquidity rules

The slow-motion car wreck unfolding at the FDIC is finally careening to a stop. But clearing the wreckage is likely to take a while. 

Martin Gruenberg’s late afternoon announcement that he would step down – pending the confirmation of a successor – came hours after a key senator, Sherrod Brown, called for “new leadership” at the agency. Sources say other…