Fed Chair Jerome Powell tests positive again for COVID-19
Federal Reserve Chairman Jerome Powell tested positive for the coronavirus on Thursday and is now working from home, a Fed spokesperson said in an emailed statement. “Chairman Powell tested positive for the coronavirus late yesterday and is exhibiting symptoms.” In line with guidance from the U.S. Centers for Disease Control and Prevention, he is working […]
Republican chair investigating Chamber of Commerce in seismic K Street shift
Ten years ago, it would have been unthinkable for a Republican committee chairman to investigate Washington’s largest business advocacy group. But times have changed. House Ways and Means Committee Chairman Jason Smith (R-Missouri) asked the U.S. Chamber of Commerce Foundation to answer questions about the more than $12 million it received from the left-leaning nonprofit […]
FDIC Chair Gruenberg refuses to resign
Check out what’s being clicked on FoxBusiness.com Federal Deposit Insurance Corp. Chairman Martin Gruenberg vowed Wednesday to skeptical lawmakers that he would address not just his own conduct, but also the deep cultural problems at his agency. But lawmakers expressed doubts about whether the banking supervisor, who has held leadership roles at the agency for […]
FDIC Chair Martin Gruenberg scolded for ‘hubris’ by Rep. Patrick McHenry after sexual harassment report
Martin Gruenberg, chairman of the embattled Federal Deposit Insurance Corporation (FDIC), was fronting the House Financial Services Committee on Wednesday morning following a scathing report of widespread sexual harassment and discrimination at his agency. I took a seat. “Coming to the floor today is not an act of courage. It’s an act of hubris,” Financial […]
FDIC Chair Martin Gruenberg apologizes for toxic workplace culture
Federal Deposit Insurance Corp. Chairman Martin Gruenberg vowed Wednesday to skeptical lawmakers that he would address not just his own conduct, but also deep cultural problems at his agency. But lawmakers expressed doubts about whether the banking supervisor, who has held leadership roles at the agency for nearly two decades and has been the subject […]
Balance of power: Senate GOP’s campaign chair cautiously optimistic about retaking majority in 2024 elections
Senate Republican campaign manager Steve Daines declined to talk about a red wave this fall leading to a Republican majority in the chamber. “I want 51 people. That’s a majority,” the National Republican Senatorial Committee (NRSC) chairman told Fox News Digital this week when asked what he was aiming for in the November election. . […]
Nobody knows what Paramount chair Shari Redstone wants to do with conglomerate
Remember Byron Allen? You know, the loquacious media executive who infuriated Paramount’s shareholders by saying he wanted to buy Paramount from Shari Redstone for a whopping $30 billion. Paramount’s market cap of just under $10 billion reflects the melting ice on most of its programming, so it sounded like a pretty good deal. Well, no […]
House Education Committee chair demands answers after Northwestern University caves to anti-Israel agitators
Rep. Virginia Foxx, RN.C., chair of the House Education and Labor Committee, sent a letter to Northwestern University leaders on Friday demanding answers about the agreement with anti-Israel agitators. In his letter, Fox announced that the committee had launched an investigation into the university’s “failures to address anti-Semitism and protect Jewish students.” She is requesting, […]
Maxine Waters backs FDIC chair after sexual harassment report
The top Democrat on the House Financial Services Committee said an independent investigation into sexual harassment and fraud at the Federal Deposit Insurance Corporation (FDIC) has disproportionately focused on the agency’s current Democratic leadership, and his Republican predecessor. He strongly criticized the third-party investigation, arguing that it was not enough for the government. In a […]
FDIC chair faces calls to resign after sexual harassment reports at regulator
Federal Deposit Insurance Corporation Chairman Martin Gruenberg said in the wake of a scathing 234-page report released Tuesday that reveals widespread sexual harassment and other misconduct plaguing federal banking regulators. Calls for his resignation are pouring in. The damning report, released in November by the law firm Cleary Gottlieb Steen & Hamilton and inspired by […]