Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.
Category: Appointments and Executive Changes
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S.E.C. Moves to Scale Back Its Crypto Enforcement Efforts
Some in a special unit of 50 lawyers and staff members that had been assigned to regulate cryptocurrency are being reassigned in the agency.
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Trump Administration Fires Consumer Bureau Chief Rohit Chopra
Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive enforcement and expansion of consumer protection laws.
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Rohit Chopra of CFPB Expected Trump to Fire Him Right Away, but He’s Hanging On
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
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Lutnick Grilled on Trump’s Tariffs and China During Confirmation Hearing
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his financial ties in a nomination hearing Wednesday.
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Democrats to Question Commerce Nominee’s Web of Financial Interests
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, is set to be questioned by the Senate in a nomination hearing Wednesday.
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Kenichiro Yoshida Will Step Down as C.E.O. of Sony
Kenichiro Yoshida, who has led Sony since 2018, will be succeeded as C.E.O. by the company’s chief financial officer.
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Marshall Project Names Katrice Hardy as Chief Executive
Ms. Hardy, now the executive editor of The Dallas Morning News, will lead the business and newsroom sides of nonprofit news organization.
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The $8 Billion Children’s Vaccine Fund Kennedy Would Oversee
If confirmed by the Senate to be the nation’s health secretary, Robert F. Kennedy Jr. would have vast powers over immunization policies for children and adults.
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Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
