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.
Category: Appointments and Executive Changes
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Two Litigation Partners Depart Paul Weiss
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
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
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
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
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
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
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
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.
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Trump Threatens to Fire Powell if He Does Not Resign From Fed
Although Jerome H. Powell’s term as Fed chair officially ends on May 15, he can stay on as a governor until 2028 and said he would not leave until a criminal investigation was over.