Strength in Numbers! Former Fed and Treasury Leaders Urge Supreme Court to Block Trump’s Attempt to Fire Lisa Cook A powerful coalition of former economic leaders — including every living former chair of the Federal Reserve, multiple ex-Treasury secretaries, and top… The post Strength in Numbers! Former Fed and Treasury Leaders Urge Supreme Court to Block Trump’s Attempt to Fire Lisa Cook appeared first on Shine My Crown.

Strength in Numbers! Former Fed and Treasury Leaders Urge Supreme Court to Block Trump’s Attempt to Fire Lisa Cook: A powerful coalition of former economic leaders — including every living former chair of the Federal… #StrengthInNumbers #FederalReserve #SupremeCourt #EconomicLeadership #Trump

"Rajan warns that US innovation & economic leadership rely on foreign students; current policies may jeopardize this advantage. " #EconomicLeadership https://fefd.link/iO2wg

Outsider vs veteran: Who will lead Thailand’s central bank? By Kitiphong Thaichareon and Thanadech Staporncharnchai BANGKOK (Reuters) -A former private sector executive with experience of handling major state-owned financial institutions and a long-time central banker who could maintain continuity are in the race to become the next governor of the Bank of Thailand. A seven-member panel this week shortlisted two candidates to replace Governor Sethaput Suthiwartnarueput who ends his term on September 30. Vitai Ratanakorn and Roong Mallikamas, respectively, offer a choice between an outsider governor who could be more amenable to the government and an institutional stalwart with experience in economics and financial policy, according to three people, including economists and a government source. Finance Minister Pichai Chunhavajira will pick one of them to propose to cabinet for approval before being sent to the king for royal endorsement. The cabinet is due to meet on Tuesday and Pichai has suggested the announcement could be made around his trip to the United States next week for trade talks. The candidates and spokespersons for Thailand’s finance ministry and central bank declined to comment. The new governor will take the reins at a time of global trade turmoil and a raft of domestic challenges in Southeast Asia’s second-largest economy. Vitai, 54, president and chief executive of Government Savings Bank, Thailand’s largest state-run lender, could be better aligned in working with the Pheu Thai party-led government, which has been struggling to fire up growth, three people said. "A central bank led by Vitai could be more flexible and adopt a broader perspective," said Piyasak Manason, head of economic research at InnovestX Securities. With degrees in economics and law from Thailand’s Chulalongkorn and Thammasat universities, Vitai spent time working in the country’s private sector before becoming Secretary-General of the Government Pension Fund, which manages assets worth about 1.4 trillion baht ($43 billion), in 2018. In 2020, he was appointed by the government to lead the Government Savings Bank. "Vitai will be able to work well with the finance ministry and this minister because they have been working together for a while," a finance ministry source told Reuters, asking not to be named, because they were not authorised to speak to the media. Thailand’s economy has lagged regional peers as it struggles under high household debt and borrowing costs, and slowing tourism, a key growth driver. The government has been pressing the central bank to cut rates to support the economy. The BOT has some operational independence, but the government appoints its chief and approves its inflation target. Last week, on a Thai financial daily’s YouTube show, Vitai outlined the need to continue reducing rates to support a stagnant economy. "Proactive easing is important. It is not another one or two cuts," he said. "We may have to reduce them for a long time and deeply. So, from 1.75%, if you ask me personally, I think it can go down much further." On Wednesday, the central bank left its key policy rate steady at 1.75% after two consecutive cuts earlier this year, seeking to save some policy ammunition if needed to help growth amid trade uncertainty and renewed domestic political turmoil. HAWK AND DOVE Roong, 56, is an old hand at the central bank, where she has worked for nearly three decades and is currently a deputy governor, supervising matters related to financial institutions. In her previous positions, Roong’s responsibilities have covered macroeconomic and monetary policy, and financial markets. Within the finance ministry, there is some trepidation that Roong would largely continue Sethaput’s approach. "Roong is outstanding in terms of qualifications and work experience at the central bank," said the finance ministry source. "But she may adopt a policy that is not different from before." The central banker, who served as a Senior Executive Vice President at the state-owned Krungthai Bank between 2017 and 2019, holds an undergraduate degree from Harvard University and a Ph.D. in economics from the Massachusetts Institute of Technology. "Roong is a very capable person but too much BOT DNA and thinking," said an economist at a major bank. "Roong is more hawkish while Vitai is more dovish to accommodate the government." ($1 = 32.57 baht) With KTB making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed KTB alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including KTB, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is KTB poised for similar growth? Don't miss the opportunity to find out.

Click Subscribe. #ThailandEconomy #CentralBank #FinanceNews #EconomicLeadership #BankingSector

Beyond the Border: How Canada Can Redefine Global Trade Le.. As global trade dynamics shift, Canada stands at a pivotal juncture. Beyond reacting to external pressures, we're proactively reshaping both our internal policies and international strategies to claim...

📈 Canada’s Next Trade Power Move?
Ending internal trade barriers by July 1 + leveraging 50 global FTAs = a bold new era.

🇨🇦 We’re not reacting—we’re redefining.
By @RobertArthursIntl
🔗 bit.ly/WBNTariffs05...

#CanadaTrade #FreeTradeAdvantage #GlobalGrowth #MarketExpansion #EconomicLeadership

Business Leaders Express Growing Concern Over U.S. Competitiveness — Leadership Now Project On the eve of the Trump administration’s 100-day mark, a new poll from the Leadership Now Project and The Harris Poll reveals mounting concern among U.S. business leaders—regardless of political affil...

New @leadershipnow.bsky.social poll:

84% of business leaders concerned about political climate's impact on business. Policy uncertainty is forcing companies to withdraw guidance and delay investments. We need predictable policies for U.S. business to thrive. bit.ly/42Yiu9N #EconomicLeadership

Anna Nordstrom appointed as permanent head of New York Fed’s Markets Group Investing.com -- The Federal Reserve Bank of New York announced on Monday that Anna Nordstrom (NYSE:JWN) has been appointed as the permanent head of its Markets Group. Nordstrom, who has been with the New York Fed since 2008, was serving as the interim leader of the Markets Group since December following the resignation of former Markets chief Michelle Neal, which took effect in March. Nordstrom has held numerous roles in the bank’s work on financial markets. Since 2023, she has served as the Head of the Domestic and International Markets function within the Markets group. Nordstrom also spent 15 years leading the New York Fed’s International Markets function. Her international experience extends to roles at the European Central Bank, the International Monetary Fund, and the Central Bank of Sweden. John Williams, New York Fed President, praised Nordstrom in a statement, noting her dedicated public service and deep understanding of financial markets and operations. He also highlighted her extensive engagement with central banks and market participants worldwide. The Markets Group at the bank oversees a wide range of central bank operations. It interfaces directly with financial markets and manages the implementation of monetary policy. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Click Subscribe. #AnnaNordstrom #NewYorkFed #MarketsGroup #FinanceNews #EconomicLeadership

9/10 Carney argues his financial background makes him uniquely qualified: "It's a question of management and focus, and one of the things that I bring is experience in managing and focus on budgets." He emphasized the difference between operational and capital spending.
#EconomicLeadership

1️⃣8️⃣ Global Leadership Through Economic Openness
By eliminating barriers and embracing global economic integration, the U.S. sets a model for sustainable prosperity and stable international economic relations. #EconomicLeadership #OpenEconomy

4️⃣ The Unique U.S. Economic Position
The U.S. generates ~25% of global output ($28 trillion GDP), dominates global equity markets (~45%, $49 trillion), and has ~40% of global bond markets ($53.1 trillion). This is unmatched economic clout. #USMarket #EconomicLeadership

2/9 "There may be some tough days ahead, but I also want to reassure that we are prepared," Carney said, drawing on his experience leading central banks during the 2008 financial crisis and Brexit aftermath.
#EconomicLeadership #MarketPreparedness
#MarkCarneyForPM
#CDNpoli
#CanadaStrong

4/8
The former central banker's economic credentials appear perfectly timed as Canada faces recession risk from US tariffs. His extensive crisis management experience has made him "the most trusted federal leader" to navigate the current trade crisis.
#EconomicLeadership #TradeWar #CDNpoli

💼 Trade wars make headlines, but cooperation builds legacies. 🌍🚀

Tariffs disrupt. Partnerships fuel growth, innovation, & resilience.

If you could shape international trade, what rule would you create to promote collaboration? 🤔

#TradeNotWar #GlobalBusiness #EconomicLeadership

People are hurting, and it’s only downhill from here with cons slashing safety nets and Freeland freezing spending. Let’s call in Carney—he steered us through 2013, he can handle the Musky-Rump chaos. #EconomicLeadership #PolicyMatters

Absolutely. The contrast couldn’t be clearer: Trump handed billions to the wealthy with minimal returns for the economy. Meanwhile, Biden’s investments in infrastructure and clean energy are driving real, sustained growth that benefits everyone—not just the 1%. #EconomicLeadership #FactsMatte

Congress chief Kharge writes to PM Modi, seeks site for Dr. Manmohan Singh’s memorial - Yes Punjab News Congress President Mallikarjun Kharge urges PM Modi to set up a memorial for Dr. Manmohan Singh at his final resting place, honoring his contributions to India’s prosperity.

Congress chief Kharge writes to PM Modi, seeks site for Dr. Manmohan Singh’s memorial yespunjab.com?p=76538

#ManmohanSingh #CongressPresident #MallikarjunKharge #PMModi #MemorialRequest #DrManmohanSingh #FuneralArrangements #IndianStatesman #EconomicLeadership #GlobalRecognition #DrSinghLegacy

RBI गवर्नर शक्तिकांत दास को लगातार दूसरे साल ग्लोबल फाइनेंस से A+ रेटिंग मिली RBI Governor Shaktikanta Das earns 'A+' rating from Global Finance for the second year, praised for exceptional economic leadership.

RBI गवर्नर शक्तिकांत दास को लगातार दूसरे साल ग्लोबल फाइनेंस सेA+ रेटिंग मिली
www.newsfeedindia.in/2024/08/rbi-...
#ShaktikantaDas #RBI #GlobalFinance #EconomicLeadership #MonetaryPolicy #IndiaEconomy #CentralBank #GlobalRecognition