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Category: Appointments and Executive Changes
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A Fed governor plans to resign, giving Trump an opportunity to shape central bank.
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
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Trump, Claiming Weak Jobs Numbers Were ‘Rigged,’ Moves to Fire Labor Official
Economists said ousting the head of the Bureau of Labor Statistics could undermine confidence in government economic data.
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Ozempic Maker’s Stock Plunges 20% After Profit Warning
Novo Nordisk slashed its financial forecasts as it struggled to fight off competition in the United States. It also named a new chief executive, who highlighted the “urgency” of the moment.
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CBS News Names Tanya Simon Executive Producer for ’60 Minutes’
Tanya Simon, who has worked on the show for over two decades, will take over at a time of significant change for the network.
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The Fed Renovations Fueling Trump’s Anger at Jerome Powell
President Trump is set to visit the central bank’s construction site on Thursday with administration officials amid allegations that the costly project has been mismanaged.
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Supreme Court Lets Trump Fire Consumer Product Safety Regulators
The court’s order was the latest in a series of emergency rulings on the scope of the president’s power over independent agencies.
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Film Forum Director to Step Down
Sonya Chung, who assumed the role in 2023, is leaving after just over two years. No reason was given for her departure.
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Film Forum Director to Step Down
Sonya Chung, who assumed the role in 2023, is leaving after just over two years. No reason was given for her departure.
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Trump’s War With Powell Throws a Little-Known Planning Board Into Scrutiny
The National Capital Planning Commission has become pivotal in the administration’s campaign to discredit Jerome H. Powell, the chairman of the Federal Reserve.
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Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope
The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.
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Will Investors Ever Believe Trump’s Threats Against Powell?
President Trump has become more hostile to the Federal Reserve’s chair. Markets aren’t worried yet, but some on Wall Street are getting more concerned.