All posts tagged: nominates

South Korea nominates Han Seongsook to be next prime minister

South Korea nominates Han Seongsook to be next prime minister

Published by Sam Flores

Election officials sort through ballots at a counting station for the local elections in Seoul on June 3, 2026. (Photo by Pedro Pardo / AFP via Getty Images) Pedro Pardo | Afp | Getty Images South Korean President Lee Jae Myung has chosen Han Seongsook, the country’s minister for small and midsize businesses and startups, to be prime minister, the presidential office said on Sunday. If approved by parliament, Han would become South Korea’s first female prime minister in 20 years. Han, who had also previously served as chief executive of South Korean internet giant Naver, is expected to lead the country’s AI transformation, South Korea’s presidential chief of staff Kang Hoon-sik said at a press briefing. “Han will be able to transform South Korea’s economic growth – driven by the semiconductor boom and rising exports – into inclusive growth that reaches everyone, including small and medium-sized enterprises,” Kang said. The role of prime minister is largely ceremonial and administrative under South Korea’s presidential system. Choose CNBC as your preferred source on Google and never …

Taiwan Ruling Party Nominates Lawmaker Sanctioned by China for Taipei Mayor

Taiwan Ruling Party Nominates Lawmaker Sanctioned by China for Taipei Mayor

Published by Sam Flores

TAIPEI, May 13 (Reuters) – Taiwan’s ruling Democratic Progressive Party (DPP) ⁠nominated ⁠lawmaker Puma Shen on Wednesday ⁠as its candidate for Taipei mayor, a man who has been ​sanctioned by China for what Beijing has described as his support for “separatism”. Taiwan, which China views as its ‌own territory, holds key mayoral ‌and county chief elections in November, which while mostly focusing on local issues will offer ⁠a gauge ⁠of party support ahead of the next presidential vote in early ​2028. Taipei Mayor Chiang Wan-an from Taiwan’s main opposition party the Kuomintang (KMT) will present Shen a stiff challenge given opinion polls have favoured Chiang’s chances at re-election. President Lai Ching-te, who is also DPP chairman, told ​a news conference to introduce Shen as the candidate that he was a “first rate talent” ⁠who ⁠understands how hard it was ⁠for Taiwan ​to transition from authoritarian rule to democracy. “He also understands that the greatest threat to democracy ​and human rights still ⁠comes from China, and so he has actively engaged in efforts to counter cognitive …

Trump nominates Dr. Erica Schwartz for CDC director, calling on former deputy surgeon general

Trump nominates Dr. Erica Schwartz for CDC director, calling on former deputy surgeon general

Published by Sam Flores

President Donald Trump announced Thursday that he was nominating Dr. Erica Schwartz to lead the Centers for Disease Control and Prevention. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Schwartz served as deputy U.S. surgeon general during Trump’s first term. “Erica graduated from Brown University for College and Medical School, and served a distinguished career as a Doctor of Medicine in the United States Military, the Greatest and Most Powerful Force in the World, and then served as my Deputy Surgeon General during my First Term,” Trump wrote on Truth Social, adding, “She is a STAR!” Trump also announced his pick of three top health officials: Sean Slovenski, a healthcare industry executive, as the CDC’s chief operating officer; Dr. Jennifer Shuford, commissioner of the Texas Department of State Health Services, as the agency’s chief medical director; and Dr. Sara Brenner, principal deputy commissioner of the Food and Drug Administration, as senior counselor for public health for Health Secretary Robert F. Kennedy Jr. “This is a team with great …

Trump officially nominates Kevin Warsh as Federal chair

Trump officially nominates Kevin Warsh as Federal chair

Published by Sam Flores

Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images President Donald Trump on Wednesday officially nominated Kevin Warsh to be the next chairman of the Federal Reserve. Warsh, if confirmed by the Senate, would succeed Fed Chairman Jerome Powell, for a four-year term. Trump’s nomination was transmitted to the Senate, the White House said in a statement posted online on Wednesday. That transmittal came more than a month after Trump first publicly announced he wanted Warsh as the Fed chairman. Sen. Thom Tillis, a North Carolina Republican, has said he would block Warsh’s nomination from proceeding in the Senate until a federal criminal investigation of Powell by the U.S. attorney’s office in Washington, D.C., is dropped. Read more CNBC politics coverage Tillis’ stance could prevent the nomination from being considered by the full Senate. Powell said in mid-January that he was under investigation …

Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ

Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ

Published by Jenni Sidey

It’s not just Trump who is stacking his central bank with uberdoves. After plunging yesterday following a Mainichi report that Japanese Prime Minister expressed concerns at more BOJ rate hikes, the yen has tumbled more, sending the USDJPY as high as 156.80 this morning, the highest since Feb 9, after the Takaichi administration announced two nominees to succeed the outgoing BoJ Policy Board members later this year, both of whom have a history of dovish commentary. Toichiro Asada was presented as a successor to Asahi Noguchi (whose term ends on March 31st), and Ayano Sato has been presented as a successor Junko Nakagawa (whose terms ends on June 29th). In both cases, the nominees’ comments over recent years had leaned towards a pro-reflation and pro-accommodative-policy stance, though neither has directly opined on the current stance of BoJ policy as of yet, according to Goldman’s Stuart Jenkins.  The outgoing Board members Noguchi and Nakagawa are both generally seen as being on the dovish end of the committee though, arguing for a more limited compositional shift in …

Macron nominates budget minister as top government auditor

Macron nominates budget minister as top government auditor

Published by Sam Flores

Amélie de Montchalin, France’s minister for public accounts, at the Assemblée Nationale in Paris, January 13, 2026. JULIEN MUGUET FOR LE MONDE A new political appointment is taking place at the top of one of France’s most prestigious and scrutinized institutions. After naming Richard Ferrand as president of the Constitutional Council in 2025, President Emmanuel Macron is set to place another close ally at the helm of the Court of Auditors: the current minister for public accounts, Amélie de Montchalin. The nomination was first reported by Le Figaro. She will be the first woman to lead the Court of Auditors since the institution was established by Napoleon Bonaparte in 1807. The Court is responsible for auditing the use of public funds and sanctioning misuse in its judicial capacity. At 40, de Montchalin will also be the youngest person ever appointed to the role, which has usually gone to men between the ages of 50 and 60. Her appointment as first president, as the role is officially called, is expected to be confirmed on Wednesday, February 11, …

Trump nominates Kevin Warsh to replace Powell as Fed chair | Donald Trump News

Trump nominates Kevin Warsh to replace Powell as Fed chair | Donald Trump News

Published by Sam Flores

United States President Donald Trump has nominated former Federal Reserve Governor Kevin Warsh to head the US central bank when current Federal Reserve Chair Jerome Powell’s term ends in May. The announcement on Friday caps a months-long, highly publicised search for a new chair of the Federal Reserve, widely regarded as one of the most influential economic officials in the world. Recommended Stories list of 3 itemsend of list It comes amid Trump’s public pressure campaign on Powell, whom he appointed during his first term but has repeatedly condemned for not cutting interest rates at the pace the president would like. “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best,” Trump posted on his Truth Social site. “On top of everything else, he is ‘central casting,’ and he will never let you down.” The statement referenced the apparent compromise Warsh represents. The 55-year-old is known to be in Trump’s orbit and has recently called for …

Indonesia President Prabowo nominates nephew as central bank deputy governor

Indonesia President Prabowo nominates nephew as central bank deputy governor

Published by Sam Flores

JAKARTA: Indonesian President Prabowo Subianto has nominated his nephew to join the central bank’s board of governors, his spokesperson said, amid growing concern about its independence as the government seeks more support for ambitious economic targets. Investors have worried that independent monetary policymaking in Southeast Asia’s largest economy might be under pressure as Prabowo targets economic growth of 8 per cent by 2029, from about 5 per cent now. The rupiah currency hit a nine-month low on Monday (Jan 19) amid uncertainty from a new US tariff policy, concerns over Indonesia’s widening fiscal deficit and news of the central bank nomination. Prabowo’s nephew Thomas Djiwandono, currently a deputy finance minister, is one of three nominees whose names have been submitted to parliament, presidential spokesperson Prasetyo Hadi told reporters. The nomination follows the resignation of Bank Indonesia’s (BI) deputy governor Juda Agung, he said, before the end of his tenure in 2027. Finance Minister Purbaya Yudhi Sadewa said Agung will join the finance ministry, representing a swap of top officials that would not hurt the independence …