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The Latest Breaking News from Board of Governors

U.N. nuclear watchdog urged to rebuke Iran, a U.S., European draft shows

The United States, France, Britain and Germany are pushing for the U.N. nuclear watchdog's Board of Governors to rebuke Iran for failing to answer longstanding questions on uranium traces at undeclared sites, a draft resolution seen by Reuters showed.

Reuters

UN Nuclear Watchdog Reports Scant Progress in Standoff with Iran

Iran has not credibly answered the UN nuclear watchdog's long-standing questions on the origin of uranium particles found at three undeclared sites despite a fresh push for a breakthrough, the agency said in a report seen by Reuters on Monday. The lack of progress could set up a new diplomatic…

Asharq Al-Awsat

National faculty group criticizes political interference it says is damaging UNC System

RALEIGH, N.C. — A national organization of university faculty members released a report Thursday criticizing the University of North Carolina System, saying it violates standards of shared governance, threatens academic freedom and fosters institutional racism.

Tribune News Service

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Which Federal Reserve Members Move The Markets Most With Their Public Comments?

When Federal Reserve members talk, investors listen. Some Fed members understandably tend to move the stock market more than others.

Benzinga

Will Smith Banned From Oscars Events For 10 Years

The Board of Governors for the Academy of Motion Pictures Arts & Sciences (AMPAS) has voted to ban Will Smith from all of its events, including the Academy Award ceremony, for the next 10 years.

Benzinga

Professor Seán Daly appointed as new Master of the Rotunda Hospital

He will fill the role for seven years commencing in January 2023

Dublin Live

Will Smith refused to leave Oscars after Chris Rock slap, Academy reveals as it considers expelling actor

Will Smith broke the Academy’s code of conduct, but did not leave Sunday’s ceremony when asked

The Independent UK

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Editorial: How bad was the financial aid fraud at California’s community colleges? We still don’t know, and that’s a problem

It’s not the fault of California’s community colleges that fraudsters filed thousands of fake student applications, many through bots, early during the pandemic. At least 65,000 of them included documents requesting financial aid as federal relief money flowed to colleges. At the time, campuses were closed, classes were held online,…

Los Angeles Times

Even with a ratings win, Oscars lose with Will Smith’s slap: ‘Everyone was disappointed’

LOS ANGELES — One day after Will Smith struck Chris Rock across the face during Sunday night’s 94th Academy Awards, the shock waves from what some were calling “the slap heard around the world” continued to reverberate throughout Hollywood.

Los Angeles Times

Movie academy condemns Will Smith’s Oscars slap, launches investigation

LOS ANGELES — Following Sunday night’s stunning altercation at the Oscars, in which Will Smith slapped Chris Rock over a joke about Jada Pinkett Smith, the motion picture academy announced Monday it is conducting a formal review of Smith’s conduct.

Los Angeles Times

Dozens of Calif. community colleges failed to turn over fraud data on possible fake enrollment

LOS ANGELES — Despite a request last August from the chancellor's office that all 116 California Community Colleges report on enrollment fraud involving fake student bots, nearly 40% of campuses failed to submit any information, deepening concerns among the Board of Governors on Monday about the extent of possible wrongdoing…

Los Angeles Times

What Is the Federal Open Market Committee (FOMC) and What Does It Do?

What Is the Federal Open Market Committee (FOMC)? How Does It Work?The central bank of the United States is known as the Federal Reserve. While it operates independently of the federal government and has no political affiliation, it may be one of the most powerful committees in the world. The…

The Street

Raskin pulls nomination to Fed Board over opposition to her concerns about climate crisis

Sarah Bloom Raskin has withdrawn her nomination to the Federal Reserve’s Board of Governors, That's according to a person familiar with the matter who requested anonymity before an official announcement

The Independent UK

Raskin pulls nomination to Fed Board as GOP, Manchin oppose

The Independent UK

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The Independent UK

Raskin nomination for Fed in peril as Democrat opposes pick

Sen. Joe Manchin, a West Virginia Democrat, says he opposes the nomination of Sarah Bloom Raskin to a key position on the Federal Reserve’s Board of Governors, endangering her prospects of winning Senate confirmation

Reuters

EU says leads walkout from IAEA board over 'unacceptable' Russia remarks

The European Union led a walkout of delegates from a meeting of the U.N. nuclear watchdog's Board of Governors on Wednesday in protest at "unacceptable" remarks by Russia, the EU ambassador to the International Atomic Energy Agency said.

Reuters

Britain, France, Germany call on Russia not to add conditions in Iran deal

The European parties negotiating the revival of the 2015 Iran nuclear deal warned Russia on Tuesday not to add conditions that would complicate reaching an accord, they said in a joint statement to the U.N. nuclear watchdog's 35-nation Board of Governors.

Reuters

Very little time left to save Iran nuclear deal, U.S. says

There is very little time left for diplomacy to revive the 2015 Iran nuclear talks, the United States said in a statement to the U.N. nuclear watchdog's 35-nation Board of Governors on Tuesday.

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Reuters

Purpose of suspected N.Korean enrichment plant's annex still unclear -IAEA

The purpose of an annex being built next to a suspected uranium enrichment plant at North Korea's Yongbyon nuclear site remains unclear, U.N. nuclear watchdog chief Rafael Grossi told a meeting of his agency's Board of Governors on Monday.

Reuters

IAEA board 'deplores' Russian invasion of Ukraine, only two votes against

The U.N. nuclear watchdog's Board of Governors backed a resolution on Thursday that "deplores" Russia's invasion of Ukraine and urges it to let Ukraine control all its nuclear facilities, diplomats said.

Benzinga

What Is The FOMC?

The Federal Open Market Committee, or FOMC, is the Fed's chief body for monetary policy. Its voting membership combines the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York and four other Reserve Bank presidents who serve one-year terms on a rotating basis…

Reuters

IAEA Board will not vote on Ukraine resolution until Thursday -diplomats

The U.N. nuclear watchdog's 35-nation Board of Governors, which is currently holding an emergency meeting on Ukraine, will not vote on the draft resolution criticising Russia that was submitted to the meeting until Thursday, three diplomats said.

Benzinga

'A Right Money Man': A Look At Andrew Brimmer, The First Black Fed Governor

As the Fed faces increasing pressure to address the highest U.S.inflation rate in 40 years, Benzinga takes a look back at a historic member of the Board of Governors of the Federal Reserve.

Chicago Sun-Times

Congress must do its part to make sure Postmaster DeJoy does his job

The Senate has failed to consider Biden’s nominees to the USPS Board of Governors, leaving it ill-equipped to hold DeJoy accountable and ensure quality mail service.

The Independent UK

Fed nominee Bloom Raskin pledges not to 'direct loans'

Pushing back against critics, a key nominee to the Federal Reserve’s Board of Governors says in testimony before a Senate panel that she would not make it harder for any industry to obtain bank loans

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