FDIC failed to timely report senior official misconduct allegations, according to internal investigation.

The US Federal Deposit Insurance Corporation (FDIC) failed to report allegations of senior officials' misconduct in a timely manner, according to a new memo from the agency's internal watchdog. The FDIC has been under investigation for sexual abuse and harassment within the organization. An April report concluded the FDIC failed to provide a workplace safe from sexual harassment, discrimination, and other interpersonal misconduct.