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Political Appointments
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Karoline Leavitt to step down as White House press secretaryLeavitt is leaving the podium after roughly 18 months as one of the youngest press secretaries in White House history. The exit lands amid a broader reshuffle of Trump's communications operation he…Anwar's daughter steps back from party leadershipNurul Izzah Anwar takes leave from her role amid political setbacks for Malaysia's ruling coalition, adding pressure on her father's government.Schwartz confirmed as CDC directorThe confirmation went through despite a hearing widely seen as a stumble, a sign the Senate math mattered more than the performance. Public health officials will be watching his first policy moves …Mamdani keeps New York's business establishment at arm's lengthThe mayor is declining the usual courtship rituals with corporate leaders, a break from City Hall precedent that shows how he intends to govern relative to Wall Street's expectations.Fauci pleads the Fifth in front of the SenateAnthony Fauci invoking Fifth Amendment protection at a Senate hearing on Covid origins and policy is a significant escalation from his previous congressional appearances, where he defended the reco…IBM's CEO admits the culture was too slow, right as Macquarie hands the reins to a fresh faceIBM's chief executive conceding publicly that company culture was too slow to change is a rare admission from a firm that's spent a decade insisting its transformation was on track. Macquarie, mean…Defence stocks jump on hopes John Healey has Treasury backing to spendBAE Systems and Babcock shares climbed on speculation that Healey's move to the Treasury signals a chancellor sympathetic to raising defence spending beyond the current 2.5% of GDP target, rather t…Burnham's chancellor pick spooks the gilt market before he's even unpackedGilt yields moved before John Healey had finished his first briefing, which shows markets are pricing a looser fiscal stance rather than reacting to a change of face at the top. Healey inherits a T…Thailand's stock market flips from regional laggard to leaderThai equities were the region's worst performer for most of the past two years, weighed down by weak tourism recovery and political instability, and now foreign funds are piling back in on valuatio…Nigel Farage is resigning his seat to force a by-election. The timing is calculated, not impulsive.Farage's decision to quit as MP for Clacton and force a by-election is a deliberate political manoeuvre rather than an exit from politics: Reform UK will field him again, using the campaign as a na…Bezos cracked the Trump code and Blue Origin is the proofJeff Bezos has spent the past eighteen months methodically repositioning himself as an acceptable recipient of federal largesse, and the contract flow to Blue Origin confirms the strategy is workin…The Supreme Court ringfences the Federal Reserve, for nowThe US Supreme Court has blocked Trump's attempt to remove Federal Reserve Governor Lisa Cook, drawing a specific constitutional line around Fed independence that the same Court's earlier ruling on…A decade after Brexit, the City is drawing up its wish list for the next PMWith UK political succession now a live question, the financial sector is doing what it always does in interregnums: publishing demands dressed up as analysis. The City's priorities, broadly, are r…Starmer out: sterling takes the hit the gilt market refused toKeir Starmer has resigned as Prime Minister, ending a tenure that never found its footing between a mandate it had and a public it lost. The pound fell on the news while gilts held, which tells you…Disney faces licence review after Kimmel clashThe Federal Communications Commission ordered an accelerated review of Disney's eight ABC television licences one day after Trump demanded Jimmy Kimmel's firing. The review targets Disney's corpora…Vox becomes kingmaker in Spain's biggest regionVox increased its seats to 15 in Andalusia's regional election, giving the far-right party decisive power over Spain's most populous region after the conservative PP fell short of a majority. The r…Senate confirms Warsh as new Fed chair to succeed PowellThe former Fed governor returns to lead monetary policy as inflation pressures persist.Milei ally demands transparency as graft allegations pile pressure on Argentine presidentA senior congressional ally urged Chief of Cabinet Manuel Adorni to disclose his finances amid federal investigation for illicit enrichment, marking the first public friction within Milei's liberta…Warsh denies Fed independence concernsKevin Warsh rejected accusations he would be Trump's 'sock puppet' at the Federal Reserve, defending his potential nomination during Senate questioning.California Democrats hit snag filling Swalwell seatInternal party disputes over the safe Democratic district slow what should be a routine appointment process.