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☆ How Trump's rich Cabinet members could save millions thanks to a little-known tax break
▼ + stars: | 2024-11-19 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

AdvertisementTwo of the reported candidates for Treasury Secretary made their fortunes on Wall Street, including billionaire Apollo CEO Marc Rowan. Eligible federal appointees can defer capital gains taxes indefinitely when they sell stock or other assets in order to avoid a conflict of interest. As a top earner in New York, they would normally have to pay more than $3 million in capital gains taxes. The sum that would have been spent on capital gains taxes is now free to compound and grow. The IRS allows investors to defer capital gains taxes in other scenarios that are deemed outside their control.

Persons: Donald Trump's, Trump, Howard Lutnick, Cantor Fitzgerald, Major Trump, Chris Wright, Marc Rowan, Bush, Goldman Sachs, Henry Paulson, George H.W, Bob Willens, You've, Scott Bessent, frontrunners, eyeing Rowan, Kevin Warsh, Morgan Stanley, Warsh, Jane Lauder, Rowan, Ed Renn of Withersworldwide, Penny Pritzker, Mark Parthemer, Willens, Renn Organizations: Commerce, of Energy, Treasury, Executives, Columbia Business School, Federal Reserve, Government, IRS Locations: George H.W . Bush, New York

☆ More than 400 economists, former White House advisors endorse Harris, warn against Trump policy agenda
▼ + stars: | 2024-09-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Democratic presidential nominee and Vice President Kamala Harris speaks to members of the media upon her arrival at Joint Base Andrews in Maryland on Sept. 22, 2024. More than 400 economists and former White House policy advisors announced their support for Vice President Kamala Harris over former President Donald Trump in an open letter Tuesday. "It is a choice between inequity, economic injustice, and uncertainty with Donald Trump or prosperity, opportunity, and stability with Kamala Harris." Some on the list, such as Biden's former National Economic Council Director Brian Deese, have already been advising the Harris campaign behind closed doors. Sean O'Keefe was deputy director of the Office of Management and Budget in former President George W. Bush's White House.

Persons: Kamala Harris, Donald Trump, Joe Biden, Barack Obama, Bill Clinton, Jason Furman, Roger Altman, Clinton, Penny Pritzker, Obama, Alan Blinder, Brian Deese, Harris, Sean O'Keefe, George W, Bush's, Phillip Braun, Ronald Reagan's Organizations: Democratic, Base Andrews, White, Republicans, Harvard, of Economic, Obama, Federal Reserve, Federal Trade Commission, Consumer Financial, Bureau, CNN, Economic, Republican, Management, Economic Advisers Locations: Maryland, U.S

☆ Over 400 economists and ex-officials endorse Kamala Harris
▼ + stars: | 2024-09-24 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —More than 400 economists and former high-ranking US policymakers are endorsing Vice President Kamala Harris and her vision for the American economy, according to a document announcing the endorsement seen by CNN. “The choice in this election is clear: between failed trickle-down economic policies that benefit the few and economic policies that provide opportunity for all,” the endorsement document reads. Harris plans to roll out new policies on what she calls the “opportunity economy” during a speech in Pennsylvania, another key battleground state, on Wednesday. Several notable economists threw their weight behind Harris, including University of Michigan economist Justin Wolfers and Claudia Goldin, who won the Nobel Prize last year for tracking women’s labor participation and the evolving wage gap. The endorsement argued that Harris has a “proven track record of economic leadership,” crediting her with efforts as vice president to lower costs, cut taxes and raise wages.

Persons: Kamala Harris, Harris, Donald Trump’s, Brian Deese, Obama, Jason Furman, Bill Daley, Penny Pritzker, Clinton, Robert Reich, Alan Blinder, Donald Trump, ”, Trump, Sean O’Keefe, George W, Justin Wolfers, Claudia Goldin, Marty Walsh, Deval Patrick, Larry Summers, Robert Rubin, Mark Cuban, James Murdoch, he’s, Bill Ackman, Peter Thiel, Tesla, Elon Musk, ” Harris, Jamie Dimon, Dimon, Jeffrey Sonnenfeld, Sonnenfeld Organizations: New, New York CNN, CNN, Federal Reserve, Management, NASA, University of Michigan, House, Labor, Massachusetts Gov, Democratic, JPMorgan Chase, JPMorgan, Wall Street, Trump, Yale, That’s Locations: New York, Georgia, Pennsylvania, United States, America, Dimon

☆ Former commerce secretary: Harris is not anti-business
▼ + stars: | 2024-09-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer commerce secretary: Harris is not anti-businessPenny Pritzker, former secretary of commerce and founder and chairman of PSP Partners, joins CNBC's 'Money Movers' to discuss how VP Kamala Harris can fight the perception that inflation soared during the Biden administration, how Harvard is combatting antisemitism on campus, and more.

Persons: Harris, Penny Pritzker, Kamala Harris, Biden Organizations: Former, PSP Partners, Harvard

☆ Alan Garber Will Stay On as Harvard’s President
▼ + stars: | 2024-08-02 | by ( Alan Blinder | More About Alan Blinder | ) www.nytimes.com time to read: +1 min

Harvard University said on Friday that its interim president, Alan M. Garber, would lead the university through the 2026-27 academic year, offering a dose of stability to a campus rocked by turmoil. Dr. Garber took over at Harvard in January when Claudine Gay resigned after weeks of criticism over her testimony at a congressional hearing about antisemitism on campus and accusations of plagiarism in her academic writings. Penny Pritzker, senior fellow of the Harvard Corporation, the university’s highest governing body, said in a message to the campus on Friday that “interim” would be dropped from Dr. Garber’s title “to recognize his distinguished service to the university and to underscore our belief that this is a time not merely for steady stewardship but for active, engaged leadership.”The university said it would begin a search for a successor to Dr. Garber in 2026. This is a developing story. Check back for updates.

Persons: Alan M, Garber, Claudine Gay, Penny Pritzker, “ Organizations: Harvard University, Harvard, Harvard Corporation

☆ Alexa Von Tobel Is the Super Connector of New York's Buzzy Tech Scene
▼ + stars: | 2024-07-31 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +11 min

Inspired Capital co-founders Lucy Deland (left), Alexa von Tobel (center), and Mark Batsiyan (right) speak to portfolio companies at the firm's annual founder dinner in June 2024. Born and raised in Jacksonville, Florida, von Tobel attended Harvard University, where she graduated with a degree in psychology. AdvertisementInspired Capital co-founders Alexa von Tobel and Penny Pritzker. Inspired Capital founding partners Mark Batsiyan, Lucy Deland, Alexa von Tobel, and Penny Pritzker. Although von Tobel was on vacation outside the country, she stepped away from a fancy dinner to take McNulty Rojas's call and brainstorm solutions.

Persons: Alexa von Tobel, she's, Lucy Deland, Mark Batsiyan, It's, von Tobel, Capital's, who's, Zuckerburg, I've, Morgan Stanley, —, LearnVest, Batsiyan, Alexa, they'd, von Tobel's, Penny Pritzker, Obama, Brynne McNulty Rojas, — von Tobel, McNulty Rojas, Habi, Tobel, Von, Deland, it's, von, McNulty, hasn't, guac, She's, Benjamin Vandiver, Ivan Zhao, Lindsey Vonn Organizations: Flatiron, Business, New York VC, Harvard University, Facebook, Harvard Business School, Accel Partners, American Express Ventures, Northwest Mutual, LearnVest, Ventures, Northwest, Capital, Harvard, of Commerce, America Fund, Tiger Global Management, II, Alexa, Inc, Magazine, Winder, New York Locations: Jacksonville , Florida, New York, Deland, Miami, Latin America, York

☆ Harvard ‘absolutely failed’ to comply with unprecedented subpoena in antisemitism probe, House Education Committee chair says
▼ + stars: | 2024-03-05 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Rep. Virginia Foxx, the Republican chairwoman of the House Education Committee, said Tuesday that Harvard University has failed to comply with her unprecedented subpoena for documents on campus antisemitism. Harvard turned over another trove of documents about campus antisemitism to Congress on Monday evening. Foxx argued that heavy redactions by Harvard made several documents “useless,” while many others were duplicates of documents previously submitted. The Education Committee did not detail specifically which steps lawmakers are now considering to enforce its subpoena. “Harvard denounced antisemitism on our campus and have made clear that the University will continue to take actions to combat antisemitism in any form,” Newton said.

Persons: Virginia Foxx, Foxx, ” “, ” Foxx, Harvard, –, “, Alan Garber, Penny Pritzker, There’s, Jason Newton, “ Harvard, ” Newton Organizations: CNN — Rep, House Education, Harvard University, ” “ Harvard, Ivy League, Harvard, Harvard Corporation, Harvard Management Company, CNN, University Locations: Newton

☆ Facing unprecedented subpoena, Harvard submits more documents to Congress in antisemitism probe
▼ + stars: | 2024-03-04 | by ( Rene Marsh | Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Harvard University turned over another trove of documents about campus antisemitism to Congress on Monday evening in response to an unprecedented subpoena from the House Education and Workforce Committee. Harvard was facing a 5 pm ET Monday deadline to respond to the subpoena, the first issued since the House Education Committee was founded in March 1867. “Harvard has produced documents in response to the Committee’s subpoena,” Nick Barley, a spokesperson for the House Education Committee, told CNN on Monday evening. “The Committee is currently reviewing those documents.”If Harvard had not responded, the committee would have had to consider further steps to enforce its subpoena. “Harvard denounced antisemitism on our campus and have made clear that the University will continue to take actions to combat antisemitism in any form,” Newton said.

Persons: It’s, Virginia Foxx, “, Nick Barley, Jason Newton, Harvard, “ Harvard, ” Newton, ”, Alan Garber, Penny Pritzker, Foxx Organizations: CNN — Harvard University, House Education, Workforce Committee, Harvard, “ Harvard, CNN, Monday ., University, ” Harvard, Harvard Corporation, Harvard Management Company Locations: Newton

☆ House committee issues unprecedented subpoenas to Harvard in antisemitism investigation
▼ + stars: | 2024-02-16 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —A congressional committee investigating campus antisemitism took the unprecedented step of issuing multiple subpoenas to Harvard University on Friday, compelling the Ivy League school to turn over documents lawmakers are seeking. Three different Harvard officials are being subpoenaed: Alan Garber, Harvard’s interim president; Penny Pritzker, the billionaire leader of the Harvard Corporation, the governing board of the school; and N.P. The subpoenas order the Harvard officials to produce a series of documents by 5 pm ET on March 4. That list included meeting minutes since Hamas’ October 7 terror attacks on Israel and communications by university officials related to antisemitism. “Given the breadth and extensive nature of the information Harvard has provided to the Committee, it is unfortunate that the Committee has chosen to issue subpoenas,” Swain said.

Persons: Virginia Foxx, ” Foxx, Nick Barley, Alan Garber, Penny Pritzker, Narvekar, Foxx, Jonathan Swain, “, ” Swain, Swain, ”, “ Harvard’s Organizations: New, New York CNN, Harvard University, Ivy League, Rep, House Education, Workforce Committee, Harvard, CNN, Education, Labor, Harvard Corporation, Harvard Management Company Locations: New York, Israel

☆ House gives Harvard one-week deadline to turn over antisemitism documents or face subpoena
▼ + stars: | 2024-02-07 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Turn over a trove of documents about antisemitism on campus or face a subpoena. “If the above priority requests are unfulfilled by the deadline set above, the Committee is prepared to issue a subpoena,” Foxx wrote. Garber, who replaced Claudine Gay after she stepped down last month, has signaled Harvard will cooperate with the House investigation. That document is a set of recommended goals and steps to address antisemitism by Harvard’s antisemitism advisory group. Most of the documents Harvard has turned over are publicly available, including more than a thousand pages of student handbooks and university rules, according to the House committee.

Persons: Virginia Foxx, Foxx, ” Foxx, Alan Garber, Penny Pritzker, Garber, Claudine Gay, Crimson, “, ” Organizations: CNN, House Education, Workforce Committee, Harvard University, Wednesday, Harvard, Ivy League, Harvard Corporation, Defamation Locations: Israel, Harvard

☆ Harvard taps ex-Merck CEO Ken Frazier to join embattled board
▼ + stars: | 2024-02-05 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —Former Merck CEO Ken Frazier and KKR co-CEO Joseph Bae are joining Harvard University’s top board as the Ivy League school seeks to turn the page on a tumultuous period. Harvard announced the changes on Sunday evening, saying Frazier will start Wednesday to fill the open seat on the Harvard Corporation, the powerful yet secretive board under fire its handling of the recent controversies. Frazier, who graduated Harvard Law School in 1978, served as CEO of Merck and sat on the board of ExxonMobil, is widely respected in the business community. In 2017, Frazier quit former President Donald Trump’s manufacturing council in response to Trump’s initial failure to condemn white supremacists. Bae graduated from Harvard in 1994 and today he’s one of the most powerful private equity executives in the world.

Persons: Ken Frazier, Joseph Bae, Frazier, Bae, Paul Finnegan, Claudine Gay, ”, Alan Garber, Penny Pritzker, ” Harvard, Pritzker, megadonor, Gay, Donald Trump’s, Catalyst, Garber Organizations: New, New York CNN, Merck, KKR, Harvard University’s, Ivy League, Harvard, Harvard Corporation, Corporation, Democratic Party, Harvard Law School, ExxonMobil Locations: New York, Asia

☆ Bill Ackman accuses Harvard of ‘election interference’ and Mark Zuckerberg wades into board battle
▼ + stars: | 2024-01-29 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Each January, Harvard University alumni are eligible to gather enough signatures to run for the university’s Board of Overseers. Mark Zuckerberg is throwing his support behind former Facebook exec Sam Lessin, a venture capitalist calling for significant reform to Harvard. Ackman, who led the campaign to oust former Harvard president Claudine Gay, is drawing attention to the tedious process of gathering signatures from alumni. “In the securities world, the SEC would come in an prosecute a company that made it this difficult to vote for an alternative slate,” Ackman wrote. It’s not more complicated than that.”During the virtual event on Friday, Zuckerberg said Lessin is the “type of person” he’d want governing Harvard.

Persons: Mark Zuckerberg, Sam Lessin, Lessin, Penny Pritzker, Bill Ackman, Ackman, Claudine Gay, Gay, “, ” Ackman, ” Harvard, Bill, ” Lessin, ”, they’ve, Zuckerberg, Josh Kushner, Alfred Lin, Mark, He’s, It’s, Sam, ” Zuckerberg Organizations: New, New York CNN, Harvard University, university’s, Harvard, Facebook, Harvard Corporation, SEC, “, CNN, Sequoia Locations: New York, Harvard, Israel

☆ Larry Summers blasts Harvard over antisemitism: ‘I have lost confidence’
▼ + stars: | 2024-01-22 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Famed economist Larry Summers slammed Harvard’s top leaders on Sunday over concerns about how the Ivy League school is fighting antisemitism. Summers, a former president of Harvard, strongly criticized the selection of Harvard professor Derek Penslar as the co-chair of a newly-formed presidential task force on antisemitism. “I have lost confidence in the determination and ability of the Harvard Corporation and Harvard leadership to maintain Harvard as a place where Jews and Israelis can flourish,” Summers said in a post on X, formerly known as Twitter. The task forces will be charged with examining bias, determining root causes and compiling recommendations to combat hate. “As things currently stand, I am unable to reassure Harvard community members, those we are recruiting or prospective students that Harvard is making progress in countering anti-Semitism,” Summers said.

Persons: Larry Summers, Harvard’s, Summers, Derek Penslar, “, ” Summers, Claudine Gay, Clinton, Obama, Penslar, ”, ” Penslar, Israel, Israel’s, Bill Ackman, “ Harvard, Alison Frank Johnson, Steven Levitsky, stnd, ” Alan Garber, ” Garber, Penny Pritzker Organizations: New, New York CNN, Ivy League, Harvard, Harvard Corporation, Twitter, Jewish Telegraphic Agency, CNN, American Academy for Jewish Research, North America ”, The Corporation Locations: New York, Israel, Gaza, North America

☆ Harvard submits plagiarism investigation documents to Congress
▼ + stars: | 2024-01-19 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —Harvard University submitted a trove of documents on Friday to House lawmakers investigating the plagiarism scandal surrounding former President Claudine Gay. Nick Barley, a spokesperson for the House Education and Workforce Committee, told CNN that lawmakers are “currently reviewing” documents related to the plagiarism investigation Harvard sent ahead of a 5 pm ET deadline. The Harvard Crimson previously reported that the university submitted documents to the committee on Friday. But, following the hearing, Gay began to draw widespread criticism over accusations of plagiarism, including multiple instances of missing quotation marks and citations. Notably, the university called those corrections “regrettable,” but found they did not meet the punishable threshold of research misconduct.

Persons: Claudine Gay, Nick Barley, “, Harvard, Virginia Foxx, Penny Pritzker, Gay, Gay’s, Israel – Organizations: New, New York CNN — Harvard University, House Education, Workforce Committee, CNN, Harvard Corporation, Harvard Crimson, Harvard Locations: New York, Harvard’s

The idea of using Russia's frozen assets is gaining new traction lately as continued allied funding for Ukraine becomes more uncertain and the U.S. Congress is in a stalemate over providing more support. Bipartisan legislation circulating in Washington called the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act would use assets confiscated from the Russian Central Bank and other sovereign assets for Ukraine. Belgium, which is holding the rotating presidency of the European Union bloc for the next six months, is now leading the talks on whether to seize Russia's assets. Belgium is also the country where most frozen Russian assets under sanctions are being held. Maria Snegovaya, a senior fellow at the Center for Strategic and International Studies, cautioned that if Ukraine's immediate needs aren't met, “no amount of seized Russian assets is unfortunately going to compensate for what may happen."

Persons: — It's, Volodymyr Zelenskyy, “ Putin, ”, ” Biden, Penny Pritzker, “, Nicholas Mulder, Vladimir Putin, Shalanda Young, ” Young, ” Sergey Aleksashenko, Treasuries —, Konstantin Malofeyev, Alexander De Croo, De Croo, Maria Snegovaya, aren't, Ellen Knickmeyer, Lisa Mascaro, Seung Min Kim, Zeke Miller, Aamer, Sam Petrequin, Jamey Keaton Organizations: WASHINGTON, Russian Central Bank, U.S ., U.S, ., ”, Ukraine, Russia, Cornell University, Washington, Russia's Central Bank, White, Management, Russian Central Banker, Russian, Justice Department, State Department, European Union, Belgian, Center for Strategic, International Studies, Associated Press Locations: United States, Ukraine, Davos, Switzerland, Ukrainian, Washington, “, America, Russia, Russian, U.S, China, Frankfurt, Belgium, Brussels

Political Cartoons View All 253 ImagesZelenskyy is following that up with his first trip to Davos as president after speaking by video in previous years. The corporate chiefs will hear “what kind of immediate assistance is needed” and lay out how private and public sectors can help Ukraine rebuild one day, forum organizers say. The session will draw NATO leader Jens Stoltenberg, German Vice Chancellor Robert Habeck and U.S. envoy for Ukraine's economic recovery, Penny Pritzker, among others. While the geopolitical situation has oozed gloom, businesses appear more hopeful — in part from prospects that artificial intelligence can help boost productivity. Leading Western stock indexes shot up in 2023, and falling inflation raised hopes of a decline in interest rates.

Persons: Volodymyr Zelenskyy, Zelenskyy, Jordan, Premier Li Qiang, Ursula von der Leyen, Jake Sullivan, Donald Trump —, Putin —, White, Viola Amherd, Jens Stoltenberg, Robert Habeck, Penny Pritzker, Gitanas Nauseda, José Manuel Albares Bueno, Satya Nadella — Organizations: European Union, Russia, Hamas, Premier, United States, Ukraine, —, Bruins, Spanish, Microsoft Locations: DAVOS, Switzerland, Swiss, Davos, United States, China, Qatar, Zelenskyy, Russia, Bern, Ukraine, ”, East, Europe

☆ Top diplomats meet in Davos on Ukraine 'peace formula'
▼ + stars: | 2024-01-14 | by ( ) www.cnbc.com time to read: +2 min

Ukraine's President Volodymyr Zelenskyy speaks during a joint press conference with Lithuania's President (not in picture) in Vilnius, Lithuania, on January 10, 2024. Ukraine pushed ahead with its peace formula to end nearly two years of war with Russia with a meeting of national security advisers from around the world in Davos on Sunday. Switzerland, which hosted the NSA representatives, said the Ukraine peace talks aimed to finalise principles "for a lasting and just peace in Ukraine" at the level of national security advisers. The role of the Global South in Ukraine's peace formula talks has come into focus in Davos. It is unclear, however, if countries in the Global South agree with that as a peace formula.

Persons: Volodymyr Zelenskyy, Volodymyr Zelenskiy, Zelenskiy, Andriy Yermak, Penny Pritzker, James O'Brien, Jake Sullivan, Antony Blinken, Nuhu Ribadu, Yermak Organizations: Lithuania's, Sunday, Economic, U.S, State, Eurasian Affairs, National, NSA Locations: Vilnius, Lithuania, Ukraine, Russia, Davos, Switzerland, Africa, Latin America, East, Asia, Swiss

☆ Bill Ackman, taking a page from his Wall Street playbook, backs rebel candidates to join Harvard’s board
▼ + stars: | 2024-01-10 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

The move by Ackman takes a page out of the playbook that made him successful on Wall Street. Normally, candidates for the 30-member Harvard Board of Overseers are nominated by the university’s alumni association. However, Ackman is now backing four write-in candidates, all graduates of Harvard and Radcliffe College, Harvard Business School or Law School. “We truly feel called to do this now,” Leslie, who has spent 20 years in the US military, told CNN in a phone interview. Calls for change at HarvardNew members are elected to the Harvard Board of Overseers each spring.

Persons: Bill Ackman, Ackman, Claudine Gay, Logan Leslie, ” Leslie, Harvard, Leslie, he’s, “, He’s, Julia Pollak, CNN she’s, ”, Pollak, ZipRecruiter . Pollak, ” Ackman, Zoe Bedell, Alec Williams, Penny Pritzker, Jeffrey Sonnenfeld, Sam Lessin, Pritzker, Lessin, ” Lessin Organizations: New, New York CNN, Harvard University, Ackman, Harvard, Ivy League, Radcliffe College, Harvard Business School, Law School, CNN, US Navy, ZipRecruiter, Reuters, of, Navy Seal, Navy Reserves, Harvard Corporation, Gay, Yale Locations: New York, Ackman, Northern, South Africa, Eastern, of Virginia

☆ Harvard board accepts Claudine Gay's resignation 'with sorrow.' It says she was subjected to 'deeply personal attacks.'
▼ + stars: | 2024-01-02 | by ( Clementine Fletcher | ) www.businessinsider.com time to read: +5 min

While the Harvard Corporation and faculty members backed Gay, the pressure continued. First and foremost, we thank President Gay for her deep and unwavering commitment to Harvard and to the pursuit of academic excellence. She believes passionately in Harvard's mission of education and research, and she cares profoundly about the people whose talents, ideas, and energy drive Harvard. An economist and a physician, he is a distinguished and wide-ranging scholar with appointments at Harvard Medical School, Harvard's Faculty of Arts and Sciences, the Harvard Kennedy School of Government, and the Harvard T.H. While President Gay has acknowledged missteps and has taken responsibility for them, it is also true that she has shown remarkable resilience in the face of deeply personal and sustained attacks.

Persons: Gay, Claudine Gay's, Alan M, Garber, –, missteps, Provost Garber, of Harvard College Penny Pritzker, Timothy R, Barakett, Kenneth I, Chenault Mariano, Florentino, Tino, Cuéllar Paul J, Finnegan Biddy Martin Karen Gordon Mills Diana L, Nelson Tracy P, Palandjian Shirley M, Tilghman Theodore V, Wells, Jr Organizations: Harvard Corporation, Harvard Community, Harvard, Social Science, of Arts and Sciences –, FAS, Harvard Medical School, Harvard's, of Arts and Sciences, Harvard Kennedy School of Government, of Public Health, of Harvard College Locations: MIT's, Chan

☆ Fact Check: US representative for Ukraine’s economic recovery not convicted of treason
▼ + stars: | 2023-11-16 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

U.S. Special Representative for Ukraine’s Economic Recovery Penny Pritzker was not arrested and convicted on charges of treason, contrary to an article circulating on social media making this claim. The claim is “categorically false,” a U.S. State Department spokesperson said to Reuters in an email on Nov. 14. Real Raw News, the Army JAG and the U.S. Department of State did not immediately respond to Reuters’ requests for comment. Pritzker was not convicted of treason. This article was produced by the Reuters Fact Check team.

Persons: Penny Pritzker, “, ”, Janet Yellen, Letitia James, Pritzker, Read Organizations: Special, Real Raw News, “ JAG Convicts U.S, Raw, U.S, Treasury, New York, Corps, JAG Corps, U.S . Army, U.S . State Department, Reuters, Real Raw, Navy JAG, Ukraine’s Energy, German, Washington D.C, Army JAG, U.S . Department of State, Thomson Locations: United States, U.S, Ukrainian Embassy, Washington

☆ Biden Taps Penny Pritzker to Drive Ukraine’s Economic Revival
▼ + stars: | 2023-09-14 | by ( Michael Crowley | More About Michael Crowley | ) www.nytimes.com time to read: +1 min

The appointment comes as attention in the United States and Europe increasingly turns toward Ukraine’s survival in economic as well as military terms. Her brother, J.B. Pritzker, is the Democratic governor of Illinois. Ms. Pritzker started several business ventures of her own, and as President Barack Obama’s commerce secretary from 2013-17, she was known for her close relationships with business leaders across the United States. She played an important role in Mr. Obama’s rise through Illinois and national politics, using her contacts to help raise hundreds of millions of dollars for his campaigns. In a January 2020 endorsement of Mr. Biden’s presidential candidacy, she noted that she had known Mr. Biden for more than 20 years.

Persons: Blinken, Pritzker, ”, Ms, J.B, Donald, Barack Obama’s, Biden’s, Biden Organizations: World Bank, Russian, Democratic Party, Democratic, Hyatt, Microsoft, Carnegie Endowment, International Locations: United States, Europe, Ukraine, Chicago, Illinois

☆ US-China decoupling stems from economic and security issues 'bleeding together,' says Penny Pritzker
▼ + stars: | 2023-03-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUS-China decoupling stems from economic and security issues 'bleeding together,' says Penny PritzkerPenny Pritzker, former U.S. Commerce Secretary and PSP Partners founder and chairman, joins 'Squawk Box' to discuss International Women's Day, Pritzker's thoughts on the decoupling of China and the United States and more.

☆ Claudine Gay to be Harvard’s 1st Black president, 2nd woman
▼ + stars: | 2022-12-15 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

Harvard University announced Thursday that Claudine Gay will become its 30th president, making her the first Black person and the second woman to lead the Ivy League school. Gay, who is currently a dean at the university and a democracy scholar, will become president July 1. With Gay’s appointment, women will outnumber men as chiefs of the eight Ivy League schools. Gay will be the only Black president currently in the Ivy League and the second Black woman ever, following Ruth Simmons, who led Brown University from 2001 to 2012. Gay’s early challenges could include fallout from the Supreme Court’s review of the use of race in admissions.

[1/2] Claudine Gay, Dean of the Faculty of Arts and Sciences, speaks during the 368th Commencement Exercises at Harvard University in Cambridge, Massachusetts, U.S., May 30, 2019. REUTERS/Brian Snyder/File PhotoBOSTON, Dec 15 (Reuters) - Harvard University on Thursday named Claudine Gay, the school's dean of Faculty Arts and Sciences, as its 30th president, the first Black person and only the second woman to hold the job. Gay, the daughter of Haitian immigrants who joined Harvard as a professor in 2006, succeeds Lawrence Bacow as president of the prestigious, nearly 400-year-old Ivy League university. Gay, 52, will step into the job in Cambridge, Massachusetts as the university faces challenges to its admissions policies. Harvard argues that eliminating race as a consideration would hamper its efforts to create a more diverse student body.

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