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Search resuls for: "of Governors"


11 mentions found


Democrats Push to Fill Postal-Service Board Seats to Stymie DeJoy, Reverse Cuts
  + stars: | 2020-12-04 | by ( Gabriel T. Rubin | ) www.wsj.com sentiment -1.00   time to read: +2 min
LOUIS DEJOY, the Republican donor-cum-postmaster general, was a top target for Democrats who accused him of slowing down mail ahead of an election with record absentee voting and instituting cost cuts that worsened services. Postal Service Board of Governors, and can’t be directly fired by a president. Trump Republican appointees hold a 4-2 majority on the board, which can have up to three more governors. Incoming top committee Republican Sen. Neither Peters nor Biden has directly called for DeJoy to step down, as some progressive Democrats have.
Persons: LOUIS DEJOY, Joe Biden, DeJoy, can’t, Sen, Gary Peters, Biden, Republican Sen, Rob Portman, , Peters, David Partenheimer Organizations: Republican, U.S . Postal Service, of Governors, Trump Republican, Georgia, U.S . Senate, Democrats, Homeland Security, Governmental Affairs Committee, Postal Service, USPS, Democratic, U.S . Postal, Senate Locations: Washington, U.S
REUTERS/Erin Scott/File PhotoThe vote was 48-47, with not a single Democrat supporting him and only one Republican voting against him. Waller is the St. Louis Fed’s research director and would be the fifth pick of outgoing President Donald Trump for the Board of Governors, whose members sit on the U.S. central bank’s policy-setting committee. The Fed is also supporting the economy by buying $120 billion in Treasuries and mortgage-backed securities each month. Michelle Bowman, the most recent addition to the Fed’s Board of Governors, was sworn in 11 days after her confirmation vote. Trump, who will be succeeded by President-elect Joe Biden on Jan. 20, had also nominated his former economic adviser, Judy Shelton, to the Fed board, which has one vacant seat remaining.
Persons: Christopher Waller, Erin Scott, Waller, Louis Fed’s, Donald Trump, Michelle Bowman, Louis, James Bullard, “ Chris, ” Bullard, Trump, Joe Biden, Judy Shelton, Shelton, Rand Paul Organizations: WASHINGTON, U.S, Senate, Federal Reserve’s Board of Governors, Capitol, REUTERS, of Governors, Investors, Fed’s, Louis Fed, Fed, Republican Locations: Washington , U.S
A Trump Fed Pick Squeaks Through Senate Confirmation
  + stars: | 2020-12-03 | by ( Jeanna Smialek | Emily Cochrane | ) www.nytimes.com sentiment -1.00   time to read: +1 min
Mr. Waller, a regional Fed research official, had been up for Senate confirmation alongside Judy Shelton, whose long-held preference for some type of gold standard and apparent skepticism of Fed independence hurt her chances of confirmation. Mr. Waller made it through, but just barely, with a nearly party line vote of 48 to 47. Senator Rand Paul, a Kentucky Republican, joined Democrats in voting against Mr. Waller. The board will have one remaining open slot if Ms. Shelton is not confirmed. The White House announced that it would tap Mr. Waller and Ms. Shelton in mid-2019, but their nominations — long treated as a pair — faced a roller-coaster confirmation process as senators grappled with misgivings over Ms. Shelton.
Persons: WASHINGTON, Christopher Waller, Trump, Joseph R, Biden, Waller, Judy Shelton, Rand Paul, Jerome H, Powell, Shelton, Mitch McConnell Organizations: Federal, of Governors, Kentucky Republican, Mr, White House Locations: Kentucky
President-elect Joe Biden has announced his nominees to fill key several key Cabinet posts, but who are the Trump appointees who will remain at the top of some of America's other government institutions? Given Trump's abuse of campaign finance laws, Congress should carefully examine his FEC nominees and continue monitoring the commission's actions and inaction in a post-Trump world. Unlike many other Trump appointees, OGE Director Emory Rounds has performed admirably during the first three years of his five-year term. However, given Trump's demands for political loyalty from his appointees, Congress must carefully review whether Trump's IG appointees and nominees demonstrate a fidelity to the public that their roles demand or allegiance to the president who appointed them. While several of the Trump appointees who will remain in government can play a crucial role in that work, others have undermined our institutions and resisted reform.
Persons: Donald Trump, Joe Biden, Trump, General Louis DeJoy, DeJoy, , Henry Kerner, Kerner, Trey Trainor, Emory Rounds, demoting IGs, aren't, surrogates, Biden Organizations: White, Trump, U.S . Postal Service, Postal Service, of Governors, Postal, OSC, Commission, FEC, Congress, Government, Jan
Biden is considering regulatory veteran Gary Gensler, who worked for both the Obama and Clinton administrations, for Deputy Treasury Secretary, they said. Kenneth Chenault, who spent nearly 40 years at American Express, is also being considered for a top economic policy position, they added. President-elect Joe Biden is considering Roger Ferguson, Gary Gensler, and Kenneth Chenault for some of the top economic policy roles in his administration, CNBC reported Wednesday, citing sources close to the matter. Former American Express CEO Chenault, who has sat on boards including at Facebook, Airbnb, and Berkshire Hathaway, could also be in the running for another economic policy position, the sources said. Kenneth ChenaultJustin Sullivan/Getty ImagesFormer American Express CEO Kenneth Chenault is also under consideration for a top economic policy position, the sources said.
Persons: Joe Biden, Roger Ferguson, Biden, Gary Gensler, Obama, Clinton, Kenneth Chenault, Ferguson, Gensler, Janet Yellen, Chenault, Berkshire Hathaway, TIAA, Barack Obama's, Gary Gensler Gary Gensler, Chip Somodevilla, Bill Clinton, Hillary Clinton's, Goldman Sachs, Kenneth Chenault Justin Sullivan, Read, Airbnb Organizations: Federal Reserve, of Governors, National Economic Council, CNBC, American Express, Teachers Insurance, Economic Council, Commodity Futures Trading, Treasury Department, Former American Express, Facebook, Berkshire, Treasury, Fortune, Harvard University, Governors, Barack, Board, Getty, Business, Commodity Futures Trading Commission, United, Financial Markets, Domestic Finance, MIT Sloan School of Management, IBM, Procter, Gamble, General Catalyst Partners Locations: United States, Berkshire
WASHINGTON (Reuters) - Democratic President-elect Joe Biden began naming members of his Cabinet on Monday, appointing experienced foreign policy and national security experts to key posts in line with his pledge to restore the United States’ global ties and standing as a world leader. NATIONAL SECURITY ADVISER: JAKE SULLIVANBiden’s national security adviser when he served as vice president to President Barack Obama, Sullivan also served as deputy chief of staff to Secretary of State Hillary Clinton. He was named Biden’s national security adviser on Monday. Senator and Secretary of State Kerry will act as “climate czar” in the Biden Administration, the president-elect’s campaign announced on Monday. CHIEF OF STAFF: RON KLAINA longtime Biden adviser with experience in responding to the Ebola pandemic, Klain was picked for the chief of staff role that sets the president’s agenda.
Persons: Joe Biden, Ron Klain, Larry Downing, Biden, ANTHONY BLINKEN, Barack Obama’s, Blinken, JAKE SULLIVAN, Barack Obama, Sullivan, Hillary Clinton, ALEJANDRO MAYORKAS, Mayorkas, DACA, AVRIL HAINES, Obama, Haines, LINDA THOMAS, GREENFIELD, Greenfield, KERRY, State Kerry, , Kerry, Janet Yellen, Donald Trump, Lael Brainard, Brainard, Sarah Bloom Raskin, Michele Flournoy, Bill Clinton, Biden’scampaign, Tammy Duckworth, Duckworth, Sally Yates, Yates, Doug Jones, Jones, Tommy Tuberville, Elizabeth Sherwood, Randall, Biden whenhe, aninitiative, Sherwood, Arun Majumdar, Stanford University’sfaculty, Jay Inslee, Inslee, Heather McTeer Toney, Toney, Mary Nichols, Michael Morell, Morell, Vivek Murthy, Murphy, Mandy Cohen, ofNorth, shehas, Cohen, David Kessler, Kessler, RON KLAIN, Klain Organizations: WASHINGTON, Democratic, REUTERS, White, OF STATE, State Department, Immigration Services, Obama, Mayorkas, CIA, Columbia University, UNITED, GREENFIELD Biden’s, United Nations, Thomas, KERRY Former U.S, State, Biden Administration, TREASURY, Thursday’s U.S, Brookings Institution, Republican, Federal Reserve Boardof Governors, internationalaffairs, Vanguard, Defense Department, U.S, Senate, U.S . Senate, Georgia Institute of Technology, Google, Stanford, Clean, Force, California’s Air Resources Board, Beacon Global, Human Services Department, Centers, Medicare, Services, FDA, OF Locations: States, Washington , U.S, Cuba, United States, Black, Africa, Saharan Africa, Paris, Maryland, Illinois, Iraq, Alabama, U.S, Washington, Kenya, France, Portugal, Nigeria, Senegal
Judge rules against Trump global media chief after firings
  + stars: | 2020-11-21 | by ( The Associated Press | ) www.nbcnews.com + 0.00   time to read: +3 min
The ruling effectively bars U.S. Agency for Global Media CEO Michael Pack from making personnel decisions and interfering in editorial operations. Pack, a conservative filmmaker, Trump ally and onetime associate of former Trump political adviser Steve Bannon, made no secret of his intent to shake up the agency after taking over in June. In July, Pack had ordered an investigation into the posting of a video package featuring now President-elect Joe Biden on a VOA website. Fourteen senior VOA journalists sent a letter to management in August protesting Pack’s actions, including the dismissal of foreign journalists and his comments denigrating VOA staff, which they said were endangering their colleagues and the international broadcaster’s credibility. The global media agency did not immediately respond to a written request for comment on the ruling.
Persons: WASHINGTON, Donald Trump’s, Michael Pack, Trump, Steve Bannon, Pack, , Beryl Howell, Pak, Joe Biden, Biden ”, ” Lee Crain Organizations: of, U.S . Agency for Global Media, Radio Free, Radio Liberty, Middle East Broadcasting Networks, Open Technology Fund, VOA, Republicans, District of Columbia, Broadcasting, of Governors, Locations: Radio Free Europe, Radio Free Asia, U.S
President-elect Joe Biden said Thursday that he has decided whom he will nominate for Treasury secretary, and that he will make the announcement in the coming weeks. “You’ll soon hear my choice for Treasury, either just before or just after Thanksgiving,” Biden told reporters in Wilmington, Delaware. Going into Thursday, Biden’s team had signaled to allies in the business community that he had whittled down his list of options for Treasury secretary to at least three names, according to people briefed on the matter. He has experience as vice chairman of the Board of Governors of the Federal Reserve. “The way the Federal Reserve has been approaching dealing with the dollar, I think has been in a positive direction,” Biden said.
Persons: Joe Biden, “ You’ll, ” Biden, , Biden’s, Lael Brainard, Roger Ferguson, Janet Yellen, Yellen, Ferguson, Biden, Jerome Powell’s, it’s Organizations: Treasury, Democratic Party, Federal Reserve, of Governors, Governors Locations: Wilmington , Delaware, TIAA
VIENNA (Reuters) - The U.N. nuclear watchdog and the United States pressured Iran on Wednesday to finally explain the origin of uranium particles found almost two years ago at an old but undeclared site that Israel has called a “secret atomic warehouse”. FILE PHOTO: An Iranian flag flutters in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria September 9, 2019. IAEA inspectors went there in February 2019 and took environmental samples that showed traces of processed uranium. An IAEA report last week said further analysis of the Turqazabad samples found “isotopically altered particles of low enriched uranium”. Similar particles were found in Iran in the past, linked to secretly imported centrifuge components originally from Pakistan, it added.
Persons: Leonhard Foeger, Benjamin Netanyahu, Rafael Grossi, , Organizations: International Atomic Energy Agency, IAEA, REUTERS, United Nations, of Governors Locations: VIENNA, United States, Iran, Israel, Vienna, Austria, Tehran, Pakistan
Senate Majority Leader Mitch McConnell surprised observers when he announced plans to hold a floor vote on Shelton’s confirmation this week during the lame-duck session of Congress. When Harris changed her plans to vote against the nomination, the final vote became 50-47 to block the nomination. This raised the likelihood that confirmation would come down to a tiebreaker vote cast by Vice President Mike Pence. Shelton's nomination passed the Senate Banking Committee this year along party lines, with all 12 Democratic members in opposition. Stifel chief economist Lindsey Piegza said the cracks in Shelton’s Republican support indicated “growing concern” about the potential politicalization of monetary policymaking.
Persons: Judy Shelton, Donald Trump's, Kamala Harris, Mitch McConnell, McConnell’s, Lisa Murkowski, McConnell, Mike Pence, Tennessee’s Lamar Alexander, Shelton, Mitt Romney, Susan Collins of Maine, Alexander, Rick Scott, Chuck Grassley, Harris, Mark Kelly, ” Kenneth Kuttner, “ She’s, , “ Sen, Sen, ” Karen Shaw Petrou, , ” Petrou, Shelton's, Lindsey Piegza, ” Alexander, Kuttner Organizations: Federal Reserve, of Governors, Republican Senators, Republican, Republicans, Senate, Republican Iowa, Arizona, Democrat, Williams College, Federal Financial, Banking, Democratic, White, Federal Reserve Board Locations: Covid, Alaska, Utah
Ryan Smith, the 42-year-old CEO and co-founder of online survey software company Qualtrics, has agreed to buy a majority stake in the NBA's Utah Jazz in a deal worth $1.66 billion, ESPN reported on Wednesday. In doing so, Smith will follow in the footsteps of fellow tech billionaires Mark Cuban (Dallas Mavericks) and Steve Ballmer (Los Angeles Clippers) as the latest tech billionaire to buy an NBA team. The deal values the Utah Jazz franchise at just above the most recent estimate from Forbes ($1.55 billion, in February). In 2018, German software giant SAP bought Qualtrics for $8 billion, turning Smith into an instant billionaire. Within a year, Scott was recovering from his cancer treatments and the pair already had 20 clients signed up for subscriptions to their online survey product, according to TechCrunch.
Persons: Ryan Smith, Smith, Mark Cuban, Steve Ballmer, Gail Miller, Forbes, Miller, Scott, Jared, Stuart Orgill, he'd, Smith's, Qualtrics, Ryan Smith, Smith, Jared, Stuart Orgill Organizations: Zions Bank Basketball, NBA, Utah Jazz, ESPN, Dallas Mavericks, Los Angeles Clippers, NBA's, of Governors, Jazz, Forbes, CNBC, Millers, Brigham Young University, BYU, SAP, Hewlett, Packard, Salt Lake Tribune, TechCrunch, Northwestern's Kellogg School of Management, Google, Utah, NBA, ESPN, Forbes, The Millers, Hewlett-Packard, California, Google Locations: Jersey, Salt Lake City , Utah, Utah, Provo , Utah, Provo, Palo Alto , California, Salt
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