Christy Goldsmith Romero, the Biden administration’s nominee to lead the Federal Deposit Insurance Corp. (FDIC), has pledged to investigate and address the agency's internal culture if confirmed. During a July 11 hearing, she emphasized the need for potential removals due to reported conduct within the agency. Additionally, Goldsmith Romero expressed support for banks taking custody of digital assets, stating that crypto should be treated as a business like any other. She believes it is not the FDIC's role to dictate which industries or companies banks should serve.