chairman

Former NJ GOP chairman calls for action on unidentified drones: ‘Blow one out of the sky’

TRENTON, N.J. — Former New Jersey GOP Chairman and one-time gubernatorial candidate Doug Steinhardt called for decisive action regarding mysterious drone activity along the state’s coastline, suggesting that unidentified drones should be shot down if they are not American assets. Steinhardt expressed concerns over a lack of transparency from both state and federal authorities, emphasizing the potential risks to national security. Speaking in an interview on Fox and Friends, Steinhardt criticized officials for dismissing the ongoing drone activity as non-threatening without providing detailed explanations. “If these are not American assets, then we need to get our assets into the air

Read more

Jackson Democrat Allegedly Candidate Taps Former Disgraced Planning Board Chairman for Campaign

JACKSON, NJ—Jackson Township Council Candidate Hope Drew is running under the banner of “Conservative Common Sense,” but an investigation revealed she is neither conservative nor commonsense. Drew, a lifelong registered Democrat, according to New Jersey’s election registration record, is not a ‘conservative’ or a ‘Republican’ according to state and county voting records. Records show that she has been a registered Democrat for over ten years. As of August, she did not change her party affiliation to Republican. Her common sense is being questioned because she has reportedly tapped Tzvi Herman, the former Jackson Township Planning Board chairman who resigned amid

Read more

Chairman of New Jersey Young Republicans Arrested for Sexually Assaulting Sleeping Man

WEST MILFORD, NJ — Matthew Conlon, a 32-year-old councilman from West Milford, is facing legal repercussions after being accused of inappropriate conduct toward a 20-year-old man earlier this month. The incident, which allegedly occurred on February 4, has led to charges of fourth-degree criminal sexual contact and harassment against Conlon. Conlon is also the chairman of the New Jersey Young Republicans. The allegations surfaced when the 20-year-old victim reported to the police that Conlon had “sexually violated” him while he was asleep at a friend’s house. The case is under investigation by the Passaic County Prosecutor’s Office Special Victims Unit

Read more

Former Housing Authority Chairman Sentenced to 10 Years for Fraud and Bribery

CENTRAL ISLIP, NY – Cornell Bozier, the former Chairman of the Board of Commissioners at the Village of Hempstead Housing Authority (VHHA), was sentenced today to 10 years in prison by United States District Judge Joan M. Azrack. Bozier was convicted on charges of conspiracy to commit honest services fraud and three counts of federal program bribery following a jury trial in April 2019. Bozier exploited his position to orchestrate a complex bid-rigging and kickback scheme, diverting nearly $1 million in federal funds intended for housing improvements for the low-income, disabled, and elderly residents of Hempstead. This corruption not only

Read more

Republican China committee chairman Gallagher retiring from US Congress

By Patricia Zengerle WASHINGTON (Reuters) – U.S. Representative Mike Gallagher, who chairs the House select committee on competition with China, said on Saturday he will not run for re-election, four days after he was one of only four House Republicans to buck party leadership and vote against impeaching President Joe Biden’s top border official. Gallagher, 39, a four-term House member and former Marine Corps intelligence officer, issued a statement noting that the authors of the U.S. Constitution had not intended elective office to be for a lifetime. “Electoral politics was never supposed to be a career and, trust me, Congress

Read more

Swiss National Bank chairman expects inflation to rise

ZURICH (Reuters) – The Swiss National Bank expects inflation to rise, Chairman Thomas Jordan said in an interview to be broadcast later on Monday. The SNB has been broadly successful in tackling Swiss inflation through a combination of interest rate hikes and also by relying on the high value of the Swiss franc to reduce the price of imported products “We have VAT going up, we have rents going up again and also electricity prices – that all suggests that inflation will go up again, but it shouldn’t go above 2%,” Jordan told Swiss broadcaster SRF. Inflation was 1.7% in

Read more

Florida police clear state’s ousted GOP chairman in sexual battery investigation

By Brad Brooks (Reuters) – Police in Florida said on Friday they have cleared the ousted chairman of the state’s Republican Party on sexual battery allegations but asked prosecutors to review their investigation of a possibly illegal recording of a sexual encounter. Christian Ziegler was accused in October of rape by a woman who previously had a sexual encounter with him and his wife, according to a warrant issued by a Florida Circuit Court in Sarasota. The Sarasota, Florida, police department said in a written statement they also investigated Ziegler for suspected “video voyeurism” after the woman accused him of

Read more

UBS chairman sees possible ‘upside’ to bank’s return on equity target

ZURICH (Reuters) – UBS’s return on equity may be higher than currently expected, once the integration of its former rival, Credit Suisse, has been completed, its chairman said on Wednesday. “We have given a 15% target exit ROE at the end of 2026 as a guideline and obviously there may be upside on that,” Colm Kelleher said in an interview with Bloomberg in Davos. Switzerland’s largest bank said it will announce a three year strategic plan in February alongside its fourth quarter results. The bank has been working to integrate its former rival and has began merging teams and reducing

Read more

ABB chairman sees limited impact from Red Sea disruptions

By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) – Swiss engineering group ABB sees limited impact from disruptions in the Red Sea on its supply chains, Chairman Peter Voser said in an interview on Monday ahead of the World Economic Forum’s (WEF) annual meeting in Davos. “I think for ABB, it has less of an impact because our components and products are produced where we are selling them,” Vosser told the Reuters Global Markets Forum in the Swiss ski resort. When asked about which market will grow at the fastest pace by value and size, Voser highlighted India, calling

Read more

Florida Republicans replace party chairman under rape investigation

(Reuters) – Florida’s Republican Party on Monday ousted their chairman as police investigate a rape accusation against him, switching leaders a week before Governor Ron DeSantis faces his first test in his quest for the GOP presidential nomination. The Florida GOP said in a post on X that it elected Evan Power as its chair. Power, who had served as vice chairman, will replace Christian Ziegler, who was accused in October of raping a woman with whom he and his wife had previously had a sexual encounter, according to a search warrant issued by a Florida Circuit Court in Sarasota.

Read more

Senate Foreign Relations Chairman Says Ukraine Aid More Important Than Border Security

Senate Foreign Relations Chairman Says Ukraine Aid More Important Than Border Security Arjun Singh on December 14, 2023 Senate Foreign Relations Committee Chairman Ben Cardin said on Thursday that sending aid to Ukraine is more important than border security. Since the Ukraine-Russia war began in 2022, the United States has provided over $75 billion in aid to the country. Republicans have opposed Senate Democrats’ proposed $61 billion aid package to Israel unless it is accompanied by border security reforms amid a surge in illegal immigration at the United States’ southern border with Mexico. “Ukraine,” said Cardin, in response to the

Read more

UBS chairman says Swiss financial regulator needs more teeth

ZURICH (Reuters) -UBS Chairman Colm Kelleher has called for the Swiss financial industry regulator FINMA to be given more powers after the downfall of Credit Suisse showed the authority lacked sufficient “teeth.” “People should be looking at giving the regulators more teeth,” Kelleher said at the FT’s Global Banking Summit in London on Tuesday. “It is obvious that in the case of Switzerland, FINMA did not have sufficient teeth at the time.” “We have to try and help them find that,” he added. UBS Chief Executive Sergio Ermotti previously said he sees merit in making targeted adjustments to the regulatory

Read more

Reckitt names insider Darroch as new chairman as Sinclair to retire

(Reuters) -British consumer goods company Reckitt said on Wednesday Chris Sinclair planned to retire as chairman after nine years, and would be succeeded by Jeremy Darroch at the end of its annual general meeting in May 2024. The latest appointment follows changes in top management at the firm this year. In August, Nike’s Shannon Eisenhardt was named finance boss months after insider Kris Licht was appointed CEO-designate. Darroch, who has served on the board of Marks and Spencer, joined Reckitt’s board as a senior independent non-executive director last November, the maker of Durex condoms and Lysol cleaning products said. (Reporting

Read more

Monmouth GOP Chairman Needs to Explain Disastrous Loss to Murphy Democrat Vin Gopal

FREEHOLD, NJ – Vin Gopal is a staunch ally of Governor Phil Murphy. He has supported most of Murphy’s radical political agenda, including the gasoline-powered car ban, offshore wind energy, COVID-19 lockdowns, and sanctuary state, and he served as chairman of the Veterans Commission when the governor forced state-run homes to take in COVID-19 patients. On Tuesday, Gopal’s slate trounced Republicans. He did this by blitzing messaging that painted him as the fiscally conservative and responsible candidate and branded Steve Dnistrian as a shady wind-energy secret operative. Essentially, he flipped the script on his Republican opponent and it worked. Instead,

Read more

New York Political Party Chairman Admits to Child Sexual Abuse

ERIE COUNTY, NY – Gerald Steven Pigeon, known as Steve Pigeon, a 63-year-old resident of Niagara Falls, entered a guilty plea to a count of First-Degree Sexual Abuse, a class “D” violent felony, before State Supreme Court Justice M. William Boller on Monday. The plea by the ex-political party chairman came in advance of a scheduled jury trial set for next month. The incident, which occurred between November and December 2016, involved Pigeon subjecting a child under 11 years old to sexual contact within Erie County. The child was an acquaintance of Pigeon. Upon sentencing, scheduled for December 22, Pigeon

Read more

Swiss National Bank Chairman defends handling of Credit Suisse crisis

By John Revill BERN (Reuters) – Swiss National Bank (SNB) Chairman Thomas Jordan on Wednesday defended the central bank’s handling of the Credit Suisse crisis including handing out emergency cash to the stricken lender contrary to its normal rules. The SNB bought time for a solution by providing massive liquidity for Credit Suisse before UBS bought the bank in March, Jordan told an event in Bern. The acquisition of the fallen 167-year-old lender prevented a global financial crisis, he said. “The SNB’s willingness and ability to provide liquidity was crucial in managing the acute crisis at Credit Suisse and thus

Read more

Former Chairman of 1 Global Pleads Guilty to Running $250 Million Securities Fraud Scheme

MIAMI – Carl R. Ruderman, 82, former chairman of 1 Global Capital LLC (“1 Global”) pled guilty yesterday to a $250 million securities fraud scheme. Four of Ruderman’s co-conspirators have already pleaded guilty for their role in this fraud, including two lawyers who provided him with false legal cover to skirt federal securities laws. Ruderman pled guilty to conspiracy to commit securities fraud, in violation of Title 18, United States Code, Section 371. In his plea agreement, Ruderman agreed to a sentence of 5 years, the statutory maximum, and to a forfeiture money judgment of over $250 million.   1 Global

Read more

China expels former Bank of China chairman from Communist Party

SHANGHAI (Reuters) – China’s ruling Communist Party has expelled the former chairman of the state-owned Bank of China from the party, accusing him of illegal activities and taking bribes, the top anti-graft watchdog said on Saturday. Liu Liange was accused of illegally granting loans and causing significant financial risks, the Central Commission for Discipline Inspection (CCDI) said in a statement on its website. He also brought prohibited publications into the country and illegally took bribes and accepted entertainment at private clubs and ski resorts, said the commission, which is responsible for tackling corruption in the 97 million-member party. Reuters was

Read more

China Evergrande chairman under scrutiny on suspicion of illegal crimes

(Reuters) -China Evergrande Group said on Thursday authorities have informed the embattled property developer that its chairman Hui Ka Yan has been subject to mandatory measures in accordance with the law due to suspicion of illegal crimes. Trading in the company’s shares was suspended earlier in the day after a report that its chairman had been placed under police watch. Evergrande said shares will remain suspended until further notice. With more than $300 billion in liabilities – roughly the size of Finland’s gross domestic product – Evergrande has become the poster child of a debt crisis in China’s property sector,

Read more

Explainer-What’s in store for China Evergrande with its chairman now under police watch?

By Scott Murdoch SYDNEY (Reuters) – The chairman of China Evergrande Group has been placed under police surveillance, Bloomberg News reported on Wednesday, raising more doubts about the embattled developer’s future as it also grapples with mounting prospects of liquidation. Evergrande is the world’s most indebted property developer and has been at the centre of an unprecedented liquidity crisis in China’s property sector, which accounts for roughly a quarter of the world’s second-largest economy. Once China’s top-selling developer, Evergrande’s financial crisis became public in 2021 and since then it and a string of its peers have defaulted on their offshore

Read more

Menendez Steps Down as Senate Foreign RElations Chairman, Temporarily

Arjun Singh on September 22, 2023 Democratic Sen. Robert Menendez of New Jersey will temporarily step down as chairman of the Senate Foreign Relations Committee after he was indicted by federal prosecutors in New York on Friday, according to a statement issued by Senate Majority Leader Chuck Schumer’s office. Menendez, the three-term senior senator from New Jersey, was indicted by a grand jury in the U.S. District Court for the Southern District of New York on federal corruption charges, being alleged to have accepted bribes in cash, gold bullion and a luxury car in exchange for shaping U.S. foreign policy

Read more

Qantas chairman refuses to quit amid investor pressure – ABC News

(Reuters) – Australia’s Qantas Airways’ chairman has refused to step down even as investors continued to demand his resignation amid a slew of scandals that have affected the carrier, ABC News reported on Thursday, citing an interview to a radio program. The company is facing a regulatory lawsuit accusing it of breaching consumer law by selling fares for 8,000 flights that were cancelled in mid-2022, leading to the abrupt resignation of CEO Alan Joyce. In his first interview since these allegations by the country’s competition regulator in late August, Chairman Richard Goyder said he has confidence in the Qantas board

Read more

Senate Confirms Charles Q. Brown As Chairman Of The Joint Chiefs Of Staff After Schumer Brings Vote

Senate Confirms Charles Q. Brown As Chairman Of The Joint Chiefs Of Staff After Schumer Brings Vote Arjun Singh on September 20, 2023 The Senate confirmed Gen. Charles Q. Brown, Jr. as the chairman of the Joint Chiefs of Staff after a monthslong hold on his nomination by Republican Sen. Tommy Tuberville of Alabama. Brown, who currently serves as chief of staff of the U.S. Air Force, was confirmed by a large margin in a bipartisan vote of 83 to 11, which was allowed to proceed after Senate Majority Leader Chuck Schumer invoked cloture. His is the first high-ranking military

Read more

Trump-Appointed Judge Gives Former Proud Boys Chairman Longest Prison Sentence Of Jan. 6 Defendants

Trump-Appointed Judge Gives Former Proud Boys Chairman Longest Prison Sentence Of Jan. 6 Defendants Katelynn Richardson on September 5, 2023 A federal judge sentenced former Proud Boys chairman Enrique Tarrio to 22 years in prison on Tuesday, according to multiple reports. The 22-year sentence given by District Judge Tim Kelly, a Trump appointee, is less than the 33-year sentence sought by prosecutors but still the longest of any Jan. 6 defendant, according to multiple reports. Three other Proud Boys leaders who were convicted by a jury of seditious conspiracy alongside Tarrio in May, Zach Rehl, Joe Biggs and Ethan Nordean,

Read more

Intesa Sanpaolo chairman sees limited impact from Italy windfall tax

CERNOBBIO, Italy (Reuters) – The chairman of Intesa Sanpaolo sees no cause for alarm over the impact of the windfall tax on Italian banks and said it would probably cost Italy’s biggest bank less than 1 billion euros ($1.08 billion). “There will be an effect but I don’t think it will have alarming consequences because Italian banks are robust and the important thing is that the market is competitive,” Gian Maria Gros-Pietro told reporters at the European House Ambrosetti business forum in Italy on Friday. Gros-Pietro later told reporters that the bill was likely to be under a billion euros

Read more