Executive Order on Ensuring Robust Consideration of Evolving National Security Risks by the Committee on Foreign Investment in the United States – The White House

Executive Order on Ensuring Robust Consideration of Evolving National Security

By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 721 of the Defense Production Act of 1950, as amended (50 U.S.C. 4565) (section 721), and section 301 of title 3, United States Code, it is hereby ordered as follows: Section 1.  Policy.  The United States welcomes … Read more

Hartford HealthCare CIO Firing Blindsides Investment Committee | Chief Investment Officer

When Hartford HealthCare fired its CIO, David Holmgren, the move surprised the system’s investment committee, who describe the rationale for removing him and his team as “unclear.” But panel members note that the action capped nine months or so of “friction” between Holmgren and management.   Three committee members say in interviews that they had … Read more

‘Everyone Was Shocked’: Investment Committee Members Resign After Hartford HealthCare Fires Staff, Hires Morgan Stanley

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Five members of Hartford HealthCare’s investment committee have stepped down after the organization suddenly terminated its entire investment staff and hired Morgan Stanley to serve as its outsourced chief investment officer.  Wesleyan University CIO Anne Martin, General Electric CIO Harshal Chaudhari, Cynthia Steer, City of Hartford director of investments Gary Draghi, and committee chair David … Read more

Van Hollen, Cardin Announce Over $10 Million in Direct Investments for Anne Arundel County and Southern Maryland Included in Key Committee Legislation | U.S. Senator Chris Van Hollen of Maryland

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August 31, 2022 WASHINGTON – Today, U.S. Senators Chris Van Hollen and Ben Cardin (both D-Md.) announced the inclusion of $10,170,000 in direct federal funding for local projects in Anne Arundel County and Southern Maryland within the Senate Appropriations Committee’s proposed annual funding legislation for fiscal year 2023. The projects encompass a wide array of local … Read more

Van Hollen, Cardin Announce Over $15 Million in Direct Investments for Western Maryland Included in Key Committee Legislation | U.S. Senator Chris Van Hollen of Maryland

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August 31, 2022 WASHINGTON – Today, U.S. Senators Chris Van Hollen and Ben Cardin (both D-Md.) announced the inclusion of $16,892,000 in direct federal funding for local projects in Western Maryland within the Senate Appropriations Committee’s proposed annual funding legislation for fiscal year 2023. The projects encompass a wide array of local and regional priorities, ranging … Read more