Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial firms backpedal from D.E.I. promises.
Category: Appointments and Executive Changes
-
CFPB Employees Left Stranded and Confused After Stop-Work Orders
Since the acting director of the Consumer Financial Protection Bureau issued stop-work orders, employees have been trying to decipher exactly what they mean.
-
Trump Strengthens Grip on Kennedy Center as 18 Trustees and Chairman Are Removed
Board members appointed by former President Joseph R. Biden Jr. were scrubbed from an official roster on the center’s website, along with the chairman, David M. Rubenstein.
-
36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, student loans and other areas affecting Americans’ financial lives.
-
Green Energy Ambitions of European Companies Take a Beating
Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.
-
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.
-
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.
-
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.
-
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.
