The House Financial Services Committee plans to open an investigation into the Federal Deposit Insurance Corporation (FDIC) in response to recent reports that the banking regulator fostered a toxic work environment plagued by sexual harassment and misogyny. The investigation will focus on the allegations of “widespread and entrenched misconduct and toxic work environment,” as well as the potential impact on “the safety and soundness of the banking system,” the top Republican members on the panel announced on Friday. In a letter to FDIC Chairman Martin Gruenberg, Financial Services Chairman Patrick McHenry (R-N.C.) and Subcommittee Chairmen Bill Huizenga (R-Mich.) and Andy Barr (R-Ky
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