The move would be the Wall Street firm’s latest retreat from diversity mandates that its chief executive, David Solomon, had once made a priority.
Category: Banking and Financial Institutions
-
Goldman Sachs to Drop D.E.I. Criteria for Board Members
The New York Times – Business: -
Goldman Sachs General Counsel Kathryn Ruemmler Resigns Over Epstein Ties
The New York Times – Business:Kathryn Ruemmler, a former top Obama administration lawyer, is out at Goldman Sachs after emails showed a friendship with the sex offender Jeffrey Epstein spanning many years.
-
Europe Worries Trump Poses Threat to Its Financial and Tech Sovereignty
The New York Times – Business:European leaders have been compelled to address the possibility of once-remote risks to the financial networks and technology that undergird their economies.
-
Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims
The New York Times – Business:Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
-
Federal Debt to Hit Record Levels, Budget Office Warns
The New York Times – Business:President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.
-
A Hawkish Kevin Warsh at the Fed Could Haunt Bessent
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
-
For Hassett, Loyalty to Trump Became a Liability in Fed Race
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
-
Trump Picks Kevin Warsh as Next Fed Chair
If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace Jerome H. Powell, whose term as chair ends in May.
-
President Trump Wants Lower Rates. Warsh Could Have a Hard Time Delivering.
Kevin M. Warsh, whom Mr. Trump tapped to become the next chair of the Federal Reserve, could face fierce resistance if he tries to pursue substantially lower borrowing costs.
-
Trump Picks Kevin Warsh as Fed Chair
If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace Jerome H. Powell, whose term as chair ends in May.