The White House believes the US Federal Deposit Insurance Corporation (FDIC) needs a "fresh start" with new leadership free of the agency's long-standing cultural issues, a White House official said on Tuesday.

White House calls for fresh start at FDIC amid sexual harassment scandal

Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), has initiated his resignation following the release of a negative report detailing pervasive sexual misconduct and a "patriarchal" culture at the organisation.

Top US banking regulator resigns amid reports over toxic workplace culture

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White House calls for fresh start at FDIC amid sexual harassment scandal

Top US banking regulator resigns amid reports over toxic workplace culture