The decision to end the inquiry into Jerome H. Powell’s handling of the Federal Reserve’s renovation could allow Kevin M. Warsh, the president’s pick for Fed chair, to be confirmed.
Category: Appointments and Executive Changes
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Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell
The New York Times – Business: -
How Kevin Warsh Could Shrink the Fed’s Footprint in Financial Markets
The New York Times – Business:President Trump’s nominee to become the next chair of the Federal Reserve wants to overhaul the central bank, including its more than $6 trillion balance sheet.
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Two Litigation Partners Depart Paul Weiss
The New York Times – Business:Kannon Shanmugam and Masha Hansford are the latest in a string of litigators who have left the influential New York law firm.
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Heidi O’Neill, Formerly of Nike, Will Be New Lululemon’s New CEO
The New York Times – Business:Heidi O’Neill will join the maker of yoga pants and other athletic clothing in September.
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Kevin Warsh, Trump’s Fed Pick, Has Tough Task Shedding ‘Sock Puppet’ Label
The New York Times – Business:Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel doubts that he would yield to President Trump’s demand for lower rates.
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How Apple Became a $4 Trillion Company Under Tim Cook
The New York Times – Business:If the Steve Jobs era was defined by technological innovation, the Tim Cook period was one of exceptional financial growth.
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Kevin Warsh, Trump’s Pick to Lead Fed, Faces Senate at Tricky Moment
The New York Times – Business:Kevin M. Warsh has enough support to become the next chair of the Federal Reserve, but a criminal investigation into the central bank stands in his way.
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Democrats Make Final Push to Delay Confirmation Hearing of Trump’s Fed Pick
The New York Times – Business:Kevin M. Warsh is scheduled to testify on Tuesday despite an ongoing criminal investigation into the chair of the Federal Reserve that stands in the way of a smooth transition.
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Ford Says Doug Field, Who Led Company’s E.V. Push, is Leaving
The New York Times – Business:Doug Field, a former Tesla and Apple executive, had returned to Ford Motor in 2021 to help develop new electric models and software.
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Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
The New York Times – Business:Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that.