H. RES. 1574 is a resolution introduced in the House of Representatives that calls for the immediate removal of Martin J. Gruenberg from his position as Chairman of the Federal Deposit Insurance Corporation (FDIC). The resolution lists several reasons for this call, including allegations of a...
Simple Explanation
H. RES. 1574 is a plan asking to take Martin J. Gruenberg out of his important job because he's not doing it well, which is making things tough for the people who work there and making some banks fail. People in charge think it's not safe for him to keep leading, but they haven't said who could take his place or how this change would happen.