President-elect Joe Biden has announced a new director of the National Economic Council in Brian Deese, the current head of sustainable investing at BlackRock, CNBC reported. The appointment doesn’t require Senate confirmation and shows the focus Biden has had thus far on fighting the COVID-19 pandemic as well as...
President-elect Joe Biden rounded out his economics team on Monday (Nov. 30) by appointing two women to top posts. He also officially named Janet Yellen, former head of the Federal Reserve, as treasury secretary. “Biden is sending a clear message that economic policymaking in his...
165 business leaders joined together on Monday (Nov. 23) to call for a peaceful presidential transition of powers, labeling it necessary for the “economic recovery and revitalization” of the U.S. The executives, including Ajay Banga, CEO of Mastercard; Laurence D. Fink, CEO and chairman of...
Janet Yellen is the incoming Biden administration’s pick to be Treasury secretary, according to a new report. President-elect Joe Biden plans to nominate Yellen, the former chair of the Federal Reserve, to head the Treasury, a key post amid a time of economic turmoil, The...
Could a cliff-hanger of a presidential election turn out to be a buzz killer for the holiday shopping season? A recent survey by Adobe Analytics found that just over a quarter of consumers surveyed – 26 percent – said the election would impact their holiday...
Voters in California, who backed a far-reaching digital privacy law two years ago, are now facing a war of words over a ballot measure that would update that law. The so-called Proposition 24 has drawn fire from some consumer and privacy advocates, the Associated Press...
Makan Delrahim, the U.S. Justice Department’s top enforcer of antitrust laws, is likely to leave his post early in calendar 2021 regardless of the outcome of the Nov. 3 presidential election, Reuters reported on Thursday (Oct. 8). Reuters said the Justice Department did not immediately...
In a unanimous, bipartisan vote, a U.S. Senate Committee ordered the CEOs of Facebook, Google and Twitter to testify on Capitol Hill about a federal law that protects tech companies from liability on the removal of third-party content, CNBC reported. The Senate Commerce Committee wants...
Six months after the Democrat-controlled House passed a $3.2 trillion coronavirus stimulus package, Senate Republicans say they are prepared to vote on their version as early as this week. CNBC reported that U.S. Senate Majority Leader Mitch McConnell (R-Kentucky) said the chamber will consider a...
