A resolution expressing the sense of the Senate that President Joseph R. Biden must dismiss Chairman Martin J. Gruenberg from his employment at the Federal Deposit Insurance Corporation.

SRES 742 is a non-binding Senate resolution demanding President Biden dismiss FDIC Chairman Martin J. Gruenberg. It cites a May 2024 third-party report finding Gruenberg failed to prevent workplace harassment, allowed misconduct without discipline, and fostered a toxic environment where employees feared retaliation. The resolution states Gruenberg no longer holds the Senate’s confidence due to his leadership, which the report linked to a lack of trust in addressing misconduct. It calls for his immediate dismissal to address FDIC leadership failures.