The inspector general’s office will conduct a special inquiry “to report on the leadership climate at the FDIC with regard to all forms of harassment and inappropriate behavior,” an IG spokesperson said. The watchdog will also review the FDIC’s sexual harassment prevention program.

The FDIC is now under investigation from at least three separate entities in response to a series of reports in the Wall Street Journal that outlined workplace misconduct allegations stretching back years. The FDIC initiated an independent investigation by the law firm BakerHostetler, and House Republicans are seeking interviews and documents from the agency.

[Interesting that this is coming to light in a Biden administration, but it may be a much longer-standing problem at FDIC. — Ed]