While the PTI issued an internal memo to establish a chain of command, some of the party leaders criticised the move as an effort to run the party like an “army unit” and argued that differences of opinion are the “beauty and plus point” of the organisation. The leaders believe that the internal memo is undemocratic and ensures one-man rule instead of decentralisation. They also claimed that the original constitution of PTI had a core committee and nothing like a political one. PTI Information Secretary Sheikh Waqas Akram stated that “the internal memo was the need of the hour and was issued by Additional Secretary General PTI Firdous Shamim Naqvi to streamline recent issues faced by the party.” The memo, available with Dawn, states that in the centre, provincial presidents and general secretaries or equivalent office bearers will report to the party’s secretary general. Similarly, at the provincial level, the regional president and general secretary will report to the secretary general of the party on organi...
Kevin Hassett, a White House economic adviser, has reportedly emerged as a leader among the Trump administration’s short list to replace Jerome Powell. US President Donald Trump is slated to choose a new Federal Reserve chair by Christmas, and the frontrunner, Kevin Hassett, could be a boon for the crypto industry. Hassett is a White House economic adviser who has reportedly emerged as a strong candidate for the Fed chair position. He is the director of the National Economic Council and oversaw the digital asset working group directed by the White House earlier this year. Trump has been trying to increase his administration’s control over the Federal Reserve, the country’s central bank, thereby expanding the White House’s influence over monetary policy. Read more