ReportWire

Tag: Political Appointments/Terminations

  • Zelensky’s Top Aide Resigns as Corruption Probe Deepens

    The departure of Ukraine’s top negotiator—the president’s right-hand man Andriy Yermak—comes at a pivotal moment for the country.

    Ian Lovett

    Source link

  • Opinion | Israel Proves the Danger of an ‘Independent’ Justice System

    The Supreme Court could be enabling a criminal conspiracy to prosecute IDF reservists unjustly.

    Avi Bell

    Source link

  • Israel’s Top Military Lawyer Steps Down Amid Leak Controversy

    The official resigned after an investigation was launched into her alleged role in authorizing the release of footage that appeared to show soldiers assaulting a Palestinian detainee.

    Feliz Solomon

    Source link

  • The Effort to Court Trump Abroad: Deals, Flattery and Jet Fighters

    KUALA LUMPUR, Malaysia—World leaders have developed something of a blueprint for President Trump when he comes to visit: produce a lavish welcoming ceremony and launch a charm offensive in hopes of securing relief from U.S. tariffs and demands to spend more on defense.

    Recent overseas trips have involved escorting Air Force One with jet fighters during its final approach and lining red carpets with uniformed soldiers and traditional dancers. Upon Trump’s arrival, foreign hosts often exalt him for his role in reaching a significant trade or peace deal. There have been repeated pledges to nominate the president for the Nobel Peace Prize.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Alexander Ward

    Source link

  • Macron Reappoints Prime Minister Who Just Quit 

    PARIS—French President Emmanuel Macron has reappointed Sébastien Lecornu as prime minister, a post he quit less than a week ago, ratcheting up fears of continued political paralysis in France.

    In reinstating Lecornu, a close ally, Macron risks deepening the frustration of lawmakers in the fractious National Assembly, particularly leftist members who have demanded a break with the past.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Noemie Bisserbe

    Source link

  • France’s Macron to Name New PM, Shelving Threat of Snap Elections

    PARIS—President Emmanuel Macron is moving to name a new prime minister rather than calling snap elections, an approach that buys time for the country’s political establishment to pull France out of its fiscal disarray.

    Macron had been wielding the unspoken threat of dissolving the National Assembly and holding parliamentary elections after his latest prime minister, Sébastien Lecornu, abruptly resigned Monday amid bickering over his cabinet choices.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Stacy Meichtry

    Source link

  • An Isolated Macron Is Pushing the Limits of France’s Political System

    PARIS—French democracy wasn’t built for the crisis that’s enveloping the presidency of Emmanuel Macron.

    In an effort to pull France out of its fiscal spiral, Macron is exhausting a battery of tools available to him under the constitution as guarantor of France’s modern Fifth Republic. He dissolved a rowdy National Assembly last year only to see voters elect an even more divided lower house of parliament. Since then, he has appointed one prime minister after another, only to see them felled in confidence votes or resign.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Noemie Bisserbe

    Source link

  • Jim Jordan nominated for speaker by House GOP amid worries over government shutdown and support for Israel

    Jim Jordan nominated for speaker by House GOP amid worries over government shutdown and support for Israel

    Rep. Jim Jordan won the nomination Friday to be speaker of the U.S. House of Representatives after launching a fresh bid for the position, as analysts warned that the process of finding a replacement for former Speaker Kevin McCarthy was preventing the Republican-run chamber from addressing crucial matters.

    Jordan, an Ohio Republican who chairs the House Judiciary Committee, said “yup” on Friday morning when he was asked if he was running again for speaker after House Majority Leader Steve Scalise, a Louisiana Republican, ended his bid late Thursday.

    House Republicans voted in favor of Jordan in the afternoon, with 124 supporting him and 81 backing another candidate for speaker, GOP Rep. Austin Scott of Georgia, according to multiple reports. Republican lawmakers then left for the weekend and were expected to reconvene Monday.

    Rep. Austin Scott, a Georgia Republican, also spoke to reporters about the House speaker position on Friday.


    Getty Images

    Scott, who has been in office since 2011, said in a post on X that he wanted to “lead a House that functions in the best interest of the American people.”

    To become speaker of the GOP-led chamber, a candidate must earn the support of a majority of House Republicans. Jordan has crossed that hurdle but now must prevail in a vote on the House floor. Scalise bowed out of the running after it appeared he did not have sufficient support for a floor vote.

    See: House speaker election — how it works

    “[W]e need to be unified and get to the floor, and we want that to happen as soon as possible,” Jordan told Cleveland.com before the GOP vote on Friday.

    Scalise’s decision to drop his bid “delays the resumption of meaningful legislative
    business at least well into next week,” Benjamin Salisbury, director of research at Height Capital Markets, said in a note on Friday.

    A similar warning came from Greg Valliere, chief U.S. policy strategist at AGF Investments. The House has had a temporary speaker — GOP Rep. Patrick McHenry of North Carolina — since Oct. 3, when McCarthy was ousted in a historic vote.

    “This paralysis in the House is becoming a serious issue, as major legislation has stalled,” Valliere said in a note. “A government shutdown can’t be ruled out as the next deadline approaches on Nov. 17. More aid to Israel and Ukraine is widely supported in both parties and in both houses, but can this funding overcome procedural hurdles in the House?”

    Related: Kevin McCarthy’s ouster means chance of government shutdown next month ‘just went up to 80%,’ analyst says

    One betting market, Smarkets, was giving Jordan, a co-founder of the hard-line House Freedom Caucus, a 42% chance of becoming speaker. The Ohio congressman “faces difficult math,” as at least five Republican lawmakers are expected to vote against him on the House floor, and their ranks “may balloon by the time a floor vote is called,” Height’s Salisbury said.

    Other options that have gotten attention include giving more power to McHenry, the temporary speaker, or making a bipartisan deal on a speaker.

    U.S. stocks
    SPX

    DJIA

    COMP
    closed mostly lower Friday, with the selling blamed in part on the Israel-Hamas war.

    Now read: What U.S. political dysfunction means for the stock market and investors

    Source link

  • A 96-year-old federal judge is fighting to keep her job

    A 96-year-old federal judge is fighting to keep her job

    As Americans debate whether President Joe Biden, at 80, is too old to run for a second term, here comes the story of a 96-year-old federal appeals court judge fighting to keep her job.

    Pauline Newman, a judge based in Washington, D.C., was suspended from her job earlier this week under an order from the Judicial Council of the Federal Circuit.

    The order praised Newman for serving “with distinction” over her nearly 40-year tenure and for being “a highly valued and respected colleague,” especially in regards to her work relating to the U.S. patent system. But it also pointed to “evidence of memory loss, confusion, and lack of comprehension” in the judge’s work.

    “Unfortunately, earlier this year mounting evidence raised increasing doubts about whether Judge Newman is still fit to perform the duties of her office,” the order said.

    Newman, who was appointed to the job in 1984 by President Ronald Reagan, has refused “multiple requests to discuss the matter,” according to the order. It was also noted that the judge “was responsible for extensive delays in resolving cases and appeared unable to complete her opinions in a timely fashion” despite a reduced workload.

    According to ABC News, Newman has “pushed back against allegations” and has said that she wants to resolve the matter in a cooperative way. ABC News also reported that Newman’s attorney, Greg Dolin, plans to fight the issue and will file a petition for review with the Committee on Judicial Conduct and Disability.

    MarketWatch reached out to Dolin for comment but didn’t receive an immediate response.

    Newman is not the oldest person to have served as a federal judge. That honor goes to Wesley E. Brown, who was still on the bench a month before his death in 2012 at the age of 104.

    Source link

  • U.K. deputy prime minister to resign after investigation into bullying complaints

    U.K. deputy prime minister to resign after investigation into bullying complaints

    LONDON (AP) — U.K. Deputy Prime Minister Dominic Raab resigned Friday after an independent investigation into complaints that he bullied civil servants.

    Raab’s announcement on Friday came the day after Prime Minister Rishi Sunak received findings into eight formal complaints that Raab, who is also justice secretary, had been abusive toward staff during a previous stint in that office and while serving as foreign secretary and Brexit secretary.

    Raab, 49, denied claims he belittled and demeaned his staff and said he “behaved professionally at all times,” but had said he would resign if the bullying complaints were upheld.

    Sunak received the report Thursday morning and was carefully considering the findings but didn’t immediately make a decision, spokesperson Max Blain said.

    Source link

  • Germany’s defense minister resigns amid Ukraine criticism

    Germany’s defense minister resigns amid Ukraine criticism

    BERLIN (AP) — German Defense Minister Christine Lambrecht has resigned following persistent criticism of her handling of military modernization programs and the country’s arms deliveries to Ukraine.

    Lambrecht said in a statement Monday that she had submitted her resignation request to Chancellor Olaf Scholz, saying that “months of media focus on my person” had stood in the way of a factual debate about the military and Germany’s security policy.

    “The valuable work of the soldiers and many people in my department must stand in the foreground,” she said.

    There was no immediate word on a possible replacement.

    The 57-year-old has been defense minister since Scholz became chancellor in December 2021. Critics have long portrayed her as out of her depth but Scholz stood by her, describing her last month as “a first-class defense minister.” Pressure on her mounted recently after an ill-judged New Year’s video message.

    Lambrecht’s resignation comes at a sensitive moment, as Scholz faces mounting pressure to make another significant step forward in German military aid to Ukraine by agreeing to deliver Leopard 2 battle tanks. Earlier this month, Germany agreed to provide 40 Marder armored personnel carriers and a Patriot air defense missile battery to Kyiv.

    Germany has given Ukraine substantial support in recent months, including howitzers, Gepard self-propelled anti-aircraft guns and the first of four IRIS-T surface-to-air missile systems. But critics, some inside Germany’s governing coalition, have long complained of Scholz’s perceived hesitancy to step up aid. Lambrecht was overshadowed on the issue by the chancellor, who made most major announcements.

    Lambrecht was then Finance Minister Scholz’s deputy before being appointed justice minister in 2019. She also was minister for families and women in the closing months of then Chancellor Angela Merkel’s government.

    She was respected in those roles but was widely viewed as one of the Scholz government’s weakest links at the Defense Ministry.

    The notoriously unwieldy department has a history of diminishing ministers’ reputations.

    Its importance increased with Russia’s invasion of Ukraine. That prompted Scholz to announce a special 100 billion-euro ($108 billion) fund to upgrade the German military, the Bundeswehr, which has suffered for years from neglect and in particular from aging, poorly functioning equipment.

    Last month, Lambrecht dismissed suggestions that the government had been too slow to get going on its spending drive. She said officials have moved fast but that “such projects must be carefully negotiated — this is tax money.”

    The minister also drew criticism for hapless communication, starting with a January 2022 announcement that Germany would deliver 5,000 military helmets to Ukraine as “a very clear signal that we stand by your side.”

    In April, she took her 21-year-old son along on a military helicopter flight, which became public when he posted a photo to Instagram that it turned out the minister had taken herself. Her ministry said she had applied for permission and paid the costs herself, but critics said it showed poor judgment.

    An amateurish New Year’s video message on her own private Instagram account prompted new opposition calls for Lambrecht’s departure and strained political allies’ patience.

    It showed a barely audible Lambrecht speaking against a backdrop of loud New Year’s Eve fireworks in a Berlin street.

    “A war is raging in the middle of Europe,” she said. “And connected with that for me were a lot of special impressions that I was able to gain — many, many meetings with interesting, great people.”

    Source link

  • Why Kwasi Kwarteng could not survive the battle with the Bank of England

    Why Kwasi Kwarteng could not survive the battle with the Bank of England

    Jeremy Hunt was appointed U.K. chancellor of the exchequer on Friday after Kwasi Kwarteng was sacked in response to the market’s rebellion over his tax-cutting budget.

    Kwarteng lasted just 38 days, the second shortest tenure for the office in history. It was Prime Minister Liz Truss who wielded the knife. But, arguably, it was Bank of England Governor Andrew Bailey who set up the hit.

    Simply put, in the fight between monetary and fiscal policy, Threadneedle Street has taken out Downing Street. Once Bailey stood his ground, Kwarteng was toast.

    To explain, a quick recap. Kwarteng’s recent budget containing £45 billion in tax cuts, mainly funded by more debt issuance, came at a time when government borrowing costs were already rising as the Bank of England raised interest rates to combat inflation at 40-year highs around 10%.

    Indeed, Kwarteng’s proposals were seen juicing up spending just as the BoE was trying to damp demand in its efforts to push inflation back to the 2% target. The market recognized this dichotomy and rebelled, realizing that it faced more debt sales and even tighter monetary policy.

    The resulting selling by over-leveraged pension funds caused a crash in gilt prices and surging yields to multi-decade highs, threatening to break the U.K pension system. Bailey stepped in to calm the markets by pledging a bond buying package of up to £65 billion — right around the time when he had planned to actually sell gilts as part of quantitative tightening.

    It worked, mostly. But, keen to ensure the City of London would undertake the necessary deleveraging quickly, and it would not be infected with moral hazard, Bailey said the support would end on Friday October 14th.

    And this week he stressed it would definitely end on Friday.

    So, to the present. What Bailey’s insistence meant was that the BoE, via monetary policy, was done helping. If the bond market was still to be worried about the situation when it opened on Monday, then it would have to be the fiscal side that changed.

    And for the fiscal side to shift it would mean the removal of the tax-cutting elements that so rattled investors. Some, like the axing of the top rate of personal tax, had already been reversed. But more needed to be done to try and recover a sense of fiscal prudence.

    And that, inevitably, meant the removal of the author of the budget: Kwarteng.

    Shortly after his departure, Truss announced that she was seeking to calm markets and had decided to cancel the corporation tax cut that had been a cornerstone of the budget. The proposal, delivered just 21 days ago, was now an ideological husk.

    Source link