Tag: Appointments and Executive Changes

Alexander Acosta Won’t Be the Last Trump Official to Resign

And then there were none. O. K., “none” is a bit of an exaggeration. But with Friday’s inevitable resignation of Alexander Acosta, President Trump’s secretary of labor, it is reasonable for the public to be asking: Who the heck is running the federal government? All the best people. That’s what Candidate Trump promised the nation […]

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Acosta Resigned. The Caligula Administration Lives On.

On Monday, Donald Trump disinvited the then-British ambassador, Kim Darroch, from an official administration dinner with the emir of Qatar, because he was mad about leaked cables in which Darroch assessed the president as “insecure” and “incompetent.” There was room at the dinner, however, for Trump’s friend Robert Kraft, owner of the New England Patriots, […]

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Hospital C.E.O. Resigns and 23 Employees Are Fired After Doctor Is Charged in Murders

The chief executive of an Ohio health care system announced his resignation and the termination of 23 employees on Thursday, one month after a doctor who worked for the hospital was charged in one of the largest murder cases in the state’s history. Ed Lamb, the chief executive of Mount Carmel Health System, said in […]

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In Firing Central Bank Chief, Turkey’s Leader Trades Credibility for Growth

LONDON — Turkey’s president, Recep Tayyip Erdogan, abruptly fired the central bank chief on Saturday, dealing a new blow to the institution’s credibility while threatening to intensify the nation’s wrenching economic crisis. The move, made in the early hours of the day by presidential decree, was the latest evidence of Mr. Erdogan’s unequivocal dedication to […]

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Chief During Turmoil at Children’s Hospital May Be Next UNC President

As the University of North Carolina begins its formal search for a permanent president, a likely top candidate is the former head of the state-owned medical system, which is now being investigated over turmoil at its children’s hospital during his tenure. Dr. William L. Roper, who since January has been interim president of the university, […]

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Lagarde Departure Stirs Succession Speculation at I.M.F.

WASHINGTON — With Christine Lagarde, the current leader of the International Monetary Fund, poised to become the next president of the European Central Bank, the big questions on Wednesday were who would succeed her and whether the United States would break with tradition and try to install an American in the post. On Tuesday, European […]

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In Tense Times, ‘Call in the Woman’: Lagarde Will Lead the E.C.B.

During a recent appearance on “The Daily Show,” the host Trevor Noah asked Christine Lagarde if she was familiar with the “glass cliff.” It is the phenomenon, he said, of handing a job to a woman at a hazardous moment, making her success highly improbable, and giving men some deniability. Hadn’t Ms. Lagarde landed on […]

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Trump Taps Two New Fed Nominees

WASHINGTON — President Trump said he planned to nominate Christopher Waller and Judy Shelton to be on the Federal Reserve Board, tapping contrasting choices for the two remaining open seats on the central bank’s seven-member board. The president tweeted his intentions on Tuesday evening. Mr. Waller, who is the executive vice president at the Federal […]

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N.R.A. Donor Directs a Revolt Against a ‘Radioactive’ Leader

NASHVILLE — Even as the National Rifle Association has been consumed by relentless and increasingly public infighting, Wayne LaPierre has maintained a firm grip on its leadership. Now one of the gun group’s major benefactors says he is preparing to lead an insurgency among wealthy contributors to oust Mr. LaPierre as chief executive, along with […]

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Trump Pick to Lead F.A.A. Faces Scrutiny From Senate Democrats

President Trump’s choice to lead the Federal Aviation Administration is facing resistance from Senate Democrats, adding more uncertainty to an agency already under pressure after the deadly crashes of two Boeing jets. Stephen Dickson, whom Mr. Trump tapped to lead the F.A.A. in March, retired from Delta Air Lines last fall after 27 years at […]

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The Welcome Humiliation of John Bolton

Say this for Donald Trump. He may be transforming American politics into a kleptocratic fascist reality show and turning our once-great country into a global laughingstock, but as least he’s humiliating John Bolton in the process. Many people who get involved with this president end up diminished, embarrassed or, in quite a few cases, indicted. […]

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Buy Low-Tops, Sell High-Tops: StockX Sneaker Exchange Is Worth $1 Billion

Nic Wilkins started selling parts of his sneaker collection online two years ago as a way to make some extra cash in college. The hobby took off and this year, he expects to move 10,000 pairs of shoes. His anticipated take is a 25 percent profit from over $1 million in sales. The main website […]

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Kenneth Lerer Steps Down as BuzzFeed Chairman

Kenneth Lerer, a prolific investor who helped found HuffPost, has stepped down as chairman of BuzzFeed, the viral-happy website that has lately experienced turbulence after a sharp rise in prominence. Mr. Lerer’s departure, which was first reported by Axios on Tuesday, was confirmed by two people with knowledge of the matter who declined to speak […]

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Trump’s Feud With the Fed Is Rooted in Presidential History

President Trump has made heckling the Federal Reserve, and its chair, Jerome H. Powell, something of a sport. He has berated Mr. Powell for raising interest rates and taking steps to end a crisis-era stimulus program, likening the Fed to a powerful golfer who has “no touch” and cannot win. The past provides some precedent […]

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Condé Nast Sells W Magazine; Stefano Tonchi Out as Top Editor

The magazine giant Condé Nast said on Tuesday that it had found a buyer for the bimonthly fashion title W, one of three publications the company put up for sale last year in the face of significant financial losses that forced it to adopt a series of cost-cutting measures. The company acquiring W, Future Media, […]

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A Plan to Mine the Minnesota Wilderness Hit a Dead End. Then Trump Became President.

ELY, Minn. — In the waning months of the Obama administration, a Chilean conglomerate was losing a fight with the United States government over a copper mine that it wanted to build near a pristine wilderness area in Minnesota. The election of President Trump, with his business-friendly bent, turned out to be a game-changer for […]

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Nissan Reappoints Saikawa to Board as Shareholders Hammer Renault

YOKOHAMA, Japan — Nissan’s embattled chief executive, Hiroto Saikawa, was re-elected to the company’s board on Tuesday, during an annual meeting in which shareholders vented their anger at the scandal-wracked company’s French partner, Renault. Mr. Saikawa apologized on Tuesday to shareholders gathered at a hotel in Yokohama, where Nissan is based, for the company’s financial […]

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New N.R.A. Lawsuit Implicates Group’s Second-in-Command

The palace intrigue at the National Rifle Association deepened late Wednesday night as the gun group filed court papers accusing its second-in-command and top lobbyist of complicity in the recent failed coup against its leader, Wayne LaPierre. The accusation came in a lawsuit in New York State Supreme Court against Oliver North, the N.R.A.’s former […]

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Mark Esper, Named as Acting Defense Secretary, Brings Military Background to the Job

WASHINGTON — Mark T. Esper is a 1986 graduate of West Point, where his classmates included Mike Pompeo, now the secretary of state. He was an Army infantryman who fought in the gulf war. He went on to work for a conservative think tank, then as a lobbyist for one of the nation’s largest military […]

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Shanahan Withdraws as Defense Secretary Nominee

President Trump on Tuesday pulled the nomination of Patrick M. Shanahan to be the permanent defense secretary, saying on Twitter that Mr. Shanahan would devote more time to his family. Mr. Trump named Mark T. Esper, the secretary of the Army and a former Raytheon executive, to take over as acting secretary of defense. He […]

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