Katanga Johnson - Profile and Journalist Details
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Verified
Banking Regulation Reporter, Bloomberg News
Washington
Beats
Business, Personal Finance Technology, Legal RightsScience, Law Climate & Environment
During the pandemic we don't cover sports.
Content
By Lydia Beyoud Verified, Katanga Johnson Verified| Bloomberg News Verified The latest firings will likely add to ongoing court challenges over the president’s authority to remove senior, Senate-confirmed officials from their roles at independent agencies. (Bloomberg) -- President Donald Trump ousted two Democratic members of the National Credit Union Administration Board, adding to a spate of recent firings as he continues to assert more control over independent agencies.
By Katanga Johnson Verified| Bloomberg Law Verified The Federal Deposit Insurance Corp. is looking for ways to cut staffing by as much as an additional 20% as part of Elon Musk’s DOGE cost-cutting, according to people familiar with the matter. The Department of Government Efficiency has echoed President Donald Trump’s demands that the plan be submitted by Monday to the White House’s Office of Management and Budget, said some of the people, who asked not to be identified discussing nonpublic information.
By Lydia Beyoud Verified, Katanga Johnson Verified| Bloomberg News Verified The latest firings will likely add to ongoing court challenges over the president’s authority to remove senior, Senate-confirmed officials from their roles at independent agencies. (Bloomberg) -- President Donald Trump ousted two Democratic members of the National Credit Union Administration Board, adding to a spate of recent firings as he continues to assert more control over independent agencies.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981