The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.
Category: Appointments and Executive Changes
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Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify
The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks for its next leader.
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The New New Celine: Michael Rider Subverts the Status Quo
Oversize jackets, men’s leggings and a lot of gold chains: Michael Rider’s debut subverted the wardrobe status quo.
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Anna Wintour Cedes Vogue Editor in Chief Title But Will Retain Editorial Control
American Vogue will create a new role, “head of editorial content,” beneath Ms. Wintour, who is giving up her editor in chief title. She’s not leaving, though.
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Investors on Edge About a Potential Shadow Fed Chair
Traders have moved on a report that President Trump is again weighing a shake-up at the central bank that could undermine market confidence.
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Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates
The Fed chair will tell lawmakers that the central bank can wait to see how President Trump’s tariffs affect the economy before lowering borrowing costs.
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Second Fed Official Indicates Support for Faster Rate Cuts
Comments from two officials, both appointed by President Trump, suggest a split among policymakers.
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French Luxury Giant Kering Taps Auto Executive as Its New Leader
The former chief executive of the carmaker Renault will replace Francois-Henri Pinault as the struggling company seeks a turnaround.
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‘Trump Inc.’: Filings Show Staff Profited From Being in the President’s Orbit
A constellation of companies and groups paid President Trump’s supporters before they took jobs in his White House, according to new disclosure statements.
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Washington Post Names Adam O’Neal as Opinion Editor
Mr. O’Neal, a correspondent for The Economist, will be in charge of championing “personal liberties and free markets,” the section’s new direction laid out by Jeff Bezos.
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New York Times Names Ligaya Mishan and Tejal Rao as Co-Chief Restaurant Critics
The pair, Ligaya Mishan and Tejal Rao, are part of an effort to expand starred restaurant reviews across the country, the company said.
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Who Will Replace Elon Musk as the Leader of DOGE?
Joe Gebbia, a close friend of Mr. Musk’s, is expected to be a part of a small council of advisers that will oversee the Department of Government Efficiency.