All articles tagged with #nomination
President Trump's nomination of Kevin Warsh to chair the Federal Reserve could signal a shift in monetary policy and spark market volatility, depending on Warsh's views on rates and regulatory policy, with potential implications for Wall Street.
Sen. Thom Tillis says Kevin Warsh’s bid to be Fed chair could face a long confirmation due to restrictions on a nominee’s business life, and he will oppose any Fed confirmation until the DOJ resolves its investigation into Chair Jerome Powell, casting doubt on Warsh’s path as Trump’s pick awaits Senate action.
President Trump said he intends to nominate Brett Matsumoto, a former BLS economist now with the White House Council of Economic Advisers, to run the Bureau of Labor Statistics, replacing Erika McEntarfer. Matsumoto has a decade-long background in price index measurement at the BLS and previously served at the CEA; the nomination follows controversy over a prior pick. The BLS is a nonpartisan data agency, and the move comes as payroll data revisions for 2025 are expected to show slower job growth.
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.
Donald Trump withdrew the nomination of EJ Antoni, an ally, to lead a U.S. statistics agency, amid political controversy.
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.
The Senate is expected to confirm a Trump adviser to a top role at the Federal Reserve, marking a significant political appointment.
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.