The White House may choose a candidate to succeed the current chair of the Federal Deposit Insurance Corporation (FDIC) as early as next week, as more evidence of agency failures surfaced on Friday.

FDIC Chair Martin Gruenberg announced he would resign if a successor was confirmed by the Senate.

Republican demands for Democratic President Joe Biden to dismiss Gruenberg may intensify after the FDIC’s internal watchdog announced it was not promptly notified of misconduct charges involving senior FDIC officials.

The White House is under pressure to appoint a replacement for Biden’s position soon and maintain his strategy for financial regulation, which includes significant increases in bank capital.

Two sources with knowledge of the situation claim that Kristin Johnson, a Democrat and member of the Commodity Futures Trading Commission (CFTC), is one of the contenders.

The FDIC has provided a statement stating that the organization looks forward to coordinating and developing a process for notifying the Office of Inspector General of any allegations of misbehavior by senior FDIC officials.