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Goldman Sachs executive Beth Hammack to head Cleveland Fed

Beth Hammack, a Goldman Sachs executive and longtime financial industry leader, will become the next president and CEO of the Federal Reserve Bank of Cleveland, leading the central bank’s district. Announced Wednesday. Hammock will succeed Loretta Mester, who will retire on June 30. She will officially become the 12th president of the Cleveland Fed on […]

SBF’s top FTX executive Ryan Salame to be sentenced

One of Sam Bankman-Freed’s top executives who pleaded guilty to financial crimes following the collapse of cryptocurrency exchange FTX is scheduled to be sentenced on Tuesday, the first of several company executives to find out how much time they will spend in prison for their roles in the company’s collapse. Ryan Salameh, co-CEO of the […]

Morgan Stanley’s James Gorman stepping down as executive chairman at year’s end

Morgan Stanley Chairman James Gorman informed the bank’s annual shareholder meeting on Thursday that he intends to step down on Dec. 31. The former CEO said his successor, Ted Pick, who took over as chief executive earlier this year, had “completed successfully.” The bank’s shares fell nearly 2 percent to close at $98.92. James Gorman […]

Klaus Schwab to Step Down as WEF Executive Chairman

Archie globalist and World Economic Forum chairman Klaus Schwab has reportedly informed staff that he will step down as WEF executive chairman. The 86-year-old self-styled King of Davos announced in an email to staff on Tuesday that he would no longer be running the world’s most prominent globalist advocacy organization, although he may remain in […]

Biden’s executive privilege over Hur audio, but not transcript, draws scrutiny

President Joe Biden‘s assertion of executive privilege over special counsel Robert Hur’s audio recording of their classified documents interview sparked criticism from Republicans and legal experts after the president previously waived his privilege of the interview transcript. A few hours before the House Judiciary Committee‘s hearing to hold Attorney General Merrick Garland in contempt over […]

Republicans ‘Absolutely’ Advocating to Challenge Biden’s Executive Privilege

Rep. Kelly Armstrong (R-North Dakota), a member of the House Judiciary Committee, said Republicans will block President Joe Biden from using executive privilege to release audio recordings of his interview with Special Counsel Robert Hur. He said he “absolutely” disagrees with that.Appeared in Breitbart News Saturday. Armstrong said the full chamber will consider holding Attorney […]