President Donald Trump announced he has chosen his candidate for the next Federal Reserve chair, with Kevin Hassett seen as the likely nominee, who is expected to push for interest rate cuts. The selection requires Senate confirmation and could influence market rates and economic policy.
President Donald Trump has renominated Jared Isaacman to lead NASA after previously withdrawing his nomination due to concerns over his past associations, highlighting Isaacman's space experience and connections with Elon Musk.
Paul Ingrassia withdrew his nomination to lead the Office of the Special Counsel after GOP senators expressed opposition due to his controversial statements and racist text messages, highlighting challenges in recent political appointments under the Trump administration.
Paul Ingrassia, Trump's nominee to lead the whistleblower office, withdrew after racist texts he sent surfaced, which included offensive remarks about Martin Luther King Jr. and self-described Nazi tendencies. Key Senate Republicans opposed his nomination, and he cited a lack of support as the reason for withdrawal. His past investigations and questionable texts raised concerns about his suitability for the role.
Sen. Rick Scott announced he will oppose Paul Ingrassia's nomination to lead the White House Office of the Special Counsel due to past racist and antisemitic remarks, amidst ongoing Senate hearings and concerns over Ingrassia's past statements and actions.
The race to succeed Jerome Powell as the Federal Reserve Chair has been narrowed down to five finalists, as the process to select a new leader for the U.S. central bank continues.
President Trump nominated Travis Hill, the acting chair of the FDIC, to be the permanent chair of the US bank regulator, with Hill known for rolling back some recent banking regulations and seeking to ease enforcement if confirmed by the Senate.
The White House withdrew Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission amid opposition from crypto industry figures and traditional gaming sectors, as the administration considers new candidates to oversee the agency's expanded role in regulating digital assets.
The White House is considering additional candidates, including crypto-focused officials like Michael Selig and Tyler Williams, to lead the CFTC as the confirmation process for Brian Quintenz stalls, amid ongoing discussions about the agency's increased role in digital assets and recent resignations leaving it understaffed.
Senate Republicans aim to confirm Trump's Fed pick, Stephen Miran, by Monday to participate in a crucial interest rate meeting, amidst a tight legislative schedule and political negotiations.
A senior Trump official stated that President Trump has not yet decided when to nominate a replacement for Federal Reserve Governor Lisa Cook, amid ongoing legal and political tensions surrounding her potential firing, with Trump indicating he has a candidate in mind but awaiting legal judgments.
President Trump's nomination of E.J. Antoni as head of the Bureau of Labor Statistics has faced widespread criticism from economists across the political spectrum, who question his qualifications and warn that his appointment could undermine the reliability of vital economic data.
Donald Trump announced the nomination of Tammy Bruce, a former Fox News commentator and current State Department spokesperson, as the US deputy representative to the United Nations, praising her patriotism and potential to represent the country effectively, despite her lack of prior foreign policy experience.