Mr. Hassett’s evolution from conservative economist to defender of the president’s economic agenda has raised questions about how he would lead the central bank.
Category: Appointments and Executive Changes
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F.D.A. Turmoil Keeps Spotlight on Its Commissioner
The agency’s high-level turnover and conflicting policy decisions on drug oversight have fueled concerns about the leadership of Dr. Marty Makary.
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BP Names New Boss After Its C.E.O. Steps Down
Meg O’Neill of Australia’s Woodside Energy will lead the London energy giant, replacing Murray Auchincloss, who will exit after less than two years in the role.
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Next Fed Chair in ‘No-Win Scenario’ as Selection Process Draws to a Close
The person picked to replace Jerome H. Powell will be thrust into a credibility problem that will be difficult to escape.
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Boston Globe’s Former Top Editor Returns
Brian McGrory led the news organization for a decade until he departed in early 2023.
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Calvin McDonald, Lululemon CEO, Will Depart Yoga Clothing Maker in January
The maker of yoga clothing is looking for a new leader after public pressure from the company’s founder.
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Fed Divisions Underscore Challenge for Trump’s Next Chair
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.
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Trump’s Search for Powell’s Replacement Adds to Cacophony Around Interest Rate Decision
The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank.
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Coupang C.E.O. Resigns in Fallout Over Massive South Korean Data Breach
Coupang said Park Dae-jun would step down to accept “grave responsibility” for the leak that exposed information on nearly 34 million customer accounts.
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Chip Company Plotted to Send Technology to China, Ex-C.E.O. Says
The former chief executive of Nexperia, a Dutch chipmaker, said Dutch officials had known for years that the company’s Chinese owner sought to move its technology to China.
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USA Today’s Top Editor Departs, the Second in Less Than Two Years
Caren Bohan, who was named editor in chief in September 2024, will no longer continue in her role “effective immediately,” the company told employees.
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Supreme Court Struggles With How to Insulate the Federal Reserve From Politics
The president seemed poised for a big Supreme Court win letting him remove officials without cause. But the justices appeared to struggle with how to insulate the Federal Reserve from politics.