Martin J. Gruenberg Net Worth 2023, Age, Wife, Children, Height, Family, Parents, FDIC

Read about Martin J. Gruenberg net worth, age, wife, children, height, family, parents, salary, FDIC and party as well as other information you need to know.

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Introduction

Martin J. Gruenberg is an American attorney who serves as the two-time and current chairman, as well as three-time acting chairman, of the U.S. Federal Deposit Insurance Corporation (FDIC).

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Early life

Name	Martin J. Gruenberg
Net Worth	$5 million
Occupation	Attorney
Age	69 years
Height	1.75m

Martin J. Gruenberg net worth

Martin J. Gruenberg was born on April 4, 1953 (age 69 years) in Maryland, United States. He is the son of American parents. Gruenberg received an A.B. from Princeton University’s Woodrow Wilson School of Public and International Affairs. He received a J.D. from Case Western Reserve University School of Law in 1979.

Career

Martin J. Gruenberg served as senior counsel to Senator Paul S. Sarbanes (D-MD) on the staff of the Senate Committee on Banking, Housing, and Urban Affairs (Senate Banking Committee) from 1993 to 2005 before joining the FDIC Board.

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Gruenberg also served as Staff Director of the Banking Committee’s Subcommittee on International Finance and Monetary Policy from 1987 to 1992. He served as chairman of the executive council and president of the International Association of Deposit Insurers from November 2007 to November 2012.

He has served on the FDIC Board of Directors since August 22, 2005, with confirmations by the Senate on July 29, 2005, by voice vote, on March 29, 2012, by voice vote, and on December 19, 2022, by a vote of 45–39.

From the beginning of Martin J. Gruenberg’s tenure on the board until his first Senate confirmation as chairman in 2012, Gruenberg served as the Senate-confirmed vice chairman. He served as acting chairman under President George W. Bush from November 16, 2005, to June 26, 2006, until the confirmation of Sheila Bair.

Gruenberg also served as acting chairman under President Barack Obama from July 9, 2011, to November 28, 2012. In 2011, Obama nominated Gruenberg for a full five-year term as chairman and was confirmed by the Senate on November 15, 2012. He served as chairman of the FDIC from November 28, 2012, to June 5, 2018.

In December 2019, Martin J. Gruenberg became is the longest-serving director in FDIC history, surpassing Preston Delano, who served in his capacity as Comptroller of the Currency from 1938 to 1953.

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Under President Joe Biden, Gruenberg served as acting chairman for a third time beginning on February 5, 2022. Biden nominated Gruenberg for a second full term in November 2022, and the nomination was confirmed by the Senate on December 19, 2022. Gruenberg was sworn in for his second Senate-confirmed term as chairman on January 5, 2023.

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His remarkable achievements have earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most influential attorneys in the US. He stands at an appealing height of 1.75m and has a good body weight which suits his personality.

Wife

Martin J. Gruenberg is a married man and has kids with his wife.