Tag Archives: board

Trump Administration Fires Most of Puerto Rico Oversight Board  The Wall Street Journal Trump admin dismisses all Democrats from Puerto Rico’s financial oversight board  NBC News Trump fires 5 members of Puerto Rico’s financial oversight board  CBS News New Fortress rises as Trump administration fires most of Puerto Rico oversight board  MSN White House Upends Puerto Rico Oversight Board With Mass Firings  Bloomberg.com Source link

Sylvette Santiago, a spokesperson for the board, did not immediately return a message seeking comment on whether the board members would fight the decision. Meanwhile, Rep. Nydia Velázquez, a New York Democrat, criticized the dismissals though she acknowledged what she said were “serious and longstanding concerns” about actions the board has taken, including implementing austerity measures. “This sudden purge by …

President Trump fired five of the eight members of Puerto Rico’s Financial Oversight Management Board, which oversees the U.S. territory’s budget plan. The island has been trying to find its way to fiscal solvency after struggling with its debt for years.  Mr. Trump dismissed the board’s chairman Arthur J. Gonzalez, Cameron McKenzie, Betty A. Rosa, Juan A. Sabater, and Luis …

SAN JUAN, Puerto Rico (AP) — The Trump administration has dismissed five out of seven members on Puerto Rico’s federal control board that oversees the U.S. territory’s finances, sparking concern about the future of the island’s fragile economy. The five fired are all Democrats. A White House official told The Associated Press on Tuesday that the board “has been run …

David Ellison‘s Skydance Media today unveiled the full slate of director designees for the new Paramount Skydance. They will be elected and begin serving on the Paramount board effective at the closing of the proposed merger Thursday. The board will consist of 10 members with Sherry Lansing, former chairman and CEO of Paramount Pictures, one of three independent directors with …

Tesla’s board has approved the award of $29bn (£22bn) worth of shares to its chief executive, Elon Musk, after a US court ruled against a previous pay deal for the world’s richest person. Musk will pay $2bn to buy 96m shares in the electric carmaker at the same price per share as a 10-year pay package agreed in 2018, which …

Washington — Federal Reserve governor Adriana Kugler will step down early from her post on the central bank’s board, the Fed announced Friday, creating an open position for President Trump to fill. The vacancy comes at a critical time for Mr. Trump, who has pressured the Fed to cut interest rates. Kugler’s replacement will sit on a 12-member committee that …

George Mason board votes to end some DEI efforts, approve raise for president  The Washington Post George Mason U. president gets raise from the board as the university is investigated by Trump administration  WTOP Despite federal investigations, GMU president will remain in role, receive pay boost  Virginia Mercury George Mason President Holds Job After Attacks on His Diversity Views  The New York Times Opinion …

Fed Governor Adriana Kugler announced Friday she is stepping down from her position earlier than expected, giving President Donald Trump the chance to expand his influence over the central bank as he calls for a revolt against Chairman Jerome Powell. In a post on Truth Social before Kugler’s announcement, President Trump took a jab at Powell, saying he must “substantially” …

There were fears from supporters of George Mason University’s president Gregory Washington that he was going to be fired Friday amid a series of investigations from the Trump administration into hiring practices at the university. Instead, the Board of Visitors voted to give him a raise. There were fears from supporters of George Mason University President Gregory Washington that he …