Trump Names Fracking CEO Chris Wright as Energy Secretary Pick
President-elect Donald Trump has selected Chris Wright, CEO of Denver-based fracking company Liberty Energy, as his nominee for Secretary of the Department of Energy.
Wall Street Opposes Potential Federal Reserve Independence Erosion
Elon Musk's support for reducing Federal Reserve independence faces opposition from Wall Street, citing potential market disruptions.
Trump's Return Signals Shift in Energy Policy Landscape
President-elect Donald Trump's return to office is expected to bring significant changes to energy policy, with implications for deregulation and the fossil fuel industry.
Federal Reserve Maintains Independence Amid Political Pressure
Federal Reserve Chair Jerome Powell affirms the central bank's independence, stating he won't resign even if pressured by the incoming administration.
OpenAI Considers Shift to For-Profit Structure, Potentially Boosting Altman's Control
OpenAI is reportedly planning to restructure as a for-profit benefit corporation, which could increase CEO Sam Altman's decision-making power and wealth.
Biden Administration Explores Sovereign Wealth Fund for Strategic Investments
The White House is considering creating a US sovereign wealth fund to invest in national security interests, including technology, energy, and critical supply chain components.