The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.
Category: Appointments and Executive Changes
-
Warsh Clears an Early Hurdle on Path to Fed Chair
The New York Times – Business: -
New Disney Boss Is Tested by Trump and His Administration
The New York Times – Business:Josh D’Amaro, who took the helm in February, will have to lead Disney through surprising new scrutiny from the president.
-
Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts
The New York Times – Business:The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell presides over what is likely to be his last meeting as chair.
-
Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell
The New York Times – Business: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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.