Fathead minnows were exposed to a known thyroid peroxidase (TPO) inhibitor, MBT.
Reductions in whole body thyroid hormone (T3, T4) were observed.
Follicular cell hyperplasia and increased TPO mRNA suggested compensation.
Anterior, but not posterior, swim bladder inflation was delayed and/or impaired.
Non-thyroid mediated actions of MTB on swim bladder inflation cannot be ruled out.