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At Build to Last 2026, Saint-Gobain Vietnam announced it has achieved “Zero Carbon” manufacturing for its DURAflex fiber cement sheet plant in Quảng Trị, with no carbon emissions for Scope 1 and Scope 2. The company said it is the first in its industry to reach this milestone. The Zero…
The Senate Banking Committee’s confirmation process for Federal Reserve chair nominee Kevin Warsh has hit delays, prompting questions about how quickly the chamber can confirm a candidate nominated by President Donald Trump.
Warsh was initially expected to appear before the committee on April 16, following an April 9 schedule announcement. That date has since been canceled, though the hearing is still expected to occur in the near future once required procedures are completed.
The committee has not yet received Warsh’s mandatory financial disclosures. Under committee rules, materials such as asset and financial-interest declarations must be completed before the official hearing schedule is set.
Warsh’s disclosure file is described as particularly complex. He is married to Jane Lauder, heir to Estée Lauder, and his estimated wealth is about $1.9 billion. In a 2006 nomination, his disclosure listed nearly 1,200 assets, most tied to his family.
President Trump nominated Warsh last month to replace Chair Jerome Powell, whose term ends on May 15, 2026. The administration is aiming to complete the confirmation process on time.
Since leaving the Fed in 2011, Warsh has worked in investing for the family office of billionaire Stanley Druckenmiller and has participated in multiple technology ventures, including an investment in Palantir.
Beyond the administrative disclosure delay, political factors are also complicating the process. Republican Senator Thom Tillis said he would not support any candidate for Fed chair until the Department of Justice ends the criminal investigation related to Powell.
Tillis and Powell both argue the investigation is politically motivated and could undermine the central bank’s independence. Federal prosecutors, however, say the investigation remains ongoing, contributing to a stalemate.
The combination of incomplete disclosures and the dispute over the Powell-related investigation presents a significant challenge to President Trump’s plan to influence monetary policy through new Fed leadership.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
