A new report entitled “Chinese Technology Platforms Operating in the United States” sets forth a framework for understanding the various threats posed by Chinese-owned technology platforms operating in the United States and for assessing the various costs and benefits of proposed responses to these threats.
George Shultz, the Reagan administration secretary of state who made it his mission to bring about freedom for Soviet Jewry, lived in the Bay Area for three decades before his Feb. 6 passing at age 100.
The Hoover Institution at Stanford University, where Shultz had been a distinguished fellow for decades, announced his death.
“I had the privilege of working for and with George Shultz for over 36 years,” said Abraham Sofaer, who served as legal adviser in the State Department under Shultz, and who is today the George P. Shultz Distinguished Scholar at the Hoover Institution. “He cared deeply about human rights, helped liberate Soviet Jewry, and supported Israel. But make no mistake, this was because of his underlying belief in freedom, limited government, private property, and the rule of law. His partnership with President Reagan in ending the Cold War was possibly the greatest single advance for human freedom in history.”
Economist served under three U.S. presidents, left mark on business school
George Pratt Shultz, a former University of Chicago Booth School of Business professor and dean who led a distinguished career in government, business and academia, died Feb. 6 at age 100.
Shultz was one of only two Americans to have held four different federal cabinet posts. He helped President Ronald Reagan resolve the Cold War as U.S. Secretary of State a role he filled after stints in the Nixon administration as labor secretary, treasury secretary and director of the Office of Management and Budget. He also served as a senior staff economist on President Dwight D. Eisenhower’s Council of Economic Advisers.
GOP Lawmakers Warn Fed Against Greening of US Banking System
WASHINGTON Soon after the November 2020 presidential election, the Federal Reserve declared climate change as a potential threat to financial stability and joined a network that advocates for using levers of financial regulation to address climate change.
A group of Republican lawmakers is among critics who argue that central banks should not “weaponize” their authority to force banks and private companies to defund fossil fuel industries for political purposes.
The Federal Reserve Board announced on Dec. 15, 2020, that it formally joined the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), which was established three years ago. The NGFS promotes green finance and aims to develop recommendations for central banks “to manage risks and to mobilize capital for green and low-carbon investments,” according to its website.