July 7, 2024
Funds

First woman CEO receives CHIPS Act funding

Good morning, Broadsheet readers! Wall Street Journal editor-in-chief Emma Tucker speaks amid employee unrest, AI chip veteran Simona Jankowski is leaving Nvidia, and Jessica Gomez is the first woman to lead a recipient of CHIPS Act money. Have a wonderful Wednesday! – A first in CHIP funding. President Joe Biden signed the CHIPS and Science

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Mortgage

Donald Trump Policies ‘Risk’ Big Mortgage Rate Increase, Economist Warns

Former President Donald Trump‘s policies “risk” a big mortgage rate increase, economist Lawrence Summers recently warned. Trump, the presumptive GOP presidential nominee, will likely go up against President Joe Biden, the Democratic incumbent, in November. While the two duke it out for a potential second term, Trump and his supporters have made Biden’s economic policies,

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Finance

Prominent leader of financial services watchdog resigns after report found it was riddled with a ‘misogynistic’ and ‘good ole boys club’ culture

After a probe into the workplace culture at the Federal Deposit Insurance Corporation found rampant sexual harassment and male employees run amok who were rarely held to account, the regulator’s leader is stepping down.  While FDIC chair Martin Gruenberg managed to hold onto his post for several weeks following the report’s release, he failed to

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