Derek Kan
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Derek Kan
Derek Tai-Ching Kan (; born August 15, 1978) is an American businessman and government official who has served as a governor of the United States Postal Service since 2022. He served as deputy director of the Office of Management and Budget in 2020. Kan served as the under secretary of transportation for policy from 2017 to 2019. He was confirmed by the Senate four times. In the private sector, he has worked for various tech startups, Bain & Co., Elliott Management, Lyft, Oaktree Capital Management, and Toll Brothers. He is an alumnus of the University of Southern California, the London School of Economics, and Stanford University. Career Kan became a Presidential Management Fellow at the Office of Management and Budget in 2004. From 2006 to 2010, Kan was as a policy adviser to Senate Majority Leader Mitch McConnell. Kan served as chief economist for the Senate Republican Policy Committee. He served during the 2008 financial crisis and the implementation of Dodd-Frank ...
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Board Of Governors Of The United States Postal Service
The Board of Governors of the United States Postal Service is the governing body of the United States Postal Service (USPS). The board oversees the activities of the Postal Service, while the postmaster general actively manages its day-to-day operations. The board directs "the exercise of the power" of the Postal Service, controls its expenditures, and reviews its practices and policies. It consists of 11 members; 6 are requisite to achieve an ordinary quorum. Of the 11 board members, 9 are the presidentially appointed governors, 1 is the postmaster general, and 1 is the deputy postmaster general. The 9 governors elect the postmaster general, the chairman of the board as well as the USPS inspector general; the governors and the postmaster general elect the deputy postmaster general. No more than five governors may belong to the same political party. The board also has the power to remove all of these officers. The Board of Governors is comparable with the board of directors ...
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Master Of Science
A Master of Science (; abbreviated MS, M.S., MSc, M.Sc., SM, S.M., ScM or Sc.M.) is a master's degree. In contrast to the Master of Arts degree, the Master of Science degree is typically granted for studies in sciences, engineering and medicine and is usually for programs that are more focused on scientific and mathematical subjects; however, different universities have different conventions and may also offer the degree for fields typically considered within the humanities and social sciences. While it ultimately depends upon the specific program, earning a Master of Science degree typically includes writing a thesis. The Master of Science degree was introduced at the University of Michigan in 1858. One of the first recipients of the degree was De Volson Wood, who was conferred a Master of Science degree at the University of Michigan in 1859. Algeria Algeria follows the Bologna Process. Australia Australian universities commonly have coursework or research-based Master o ...
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Elliott Management Corporation
Elliott Investment Management L.P. is an American investment management firm. It is also one of the largest activist funds in the world. It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limited. The Elliott Corporation was founded by Paul Singer, who is CEO of the management company, based in New York City. As of the first quarter of 2015, Elliott's portfolio is worth over $8 billion. By 2009, over a third "of Elliott's portfolio was concentrated in distressed securities, typically in the debt of bankrupt or near-bankrupt companies." The firm moved its headquarters from New York City to West Palm Beach, Florida in 2020. Overview Singer created Elliott Associates in January 1977, starting with $1.3 million from friends and family and choosing the Elliott brand as it is his middle name. In its earliest years, the firm focused on convertible arbitrage. Since the 1987 stock market crash and early 1990s recession, however, ...
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Silicon Valley
Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley. The term "Silicon Valley" refers to the area in which high-tech business has proliferated in Northern California, and it also serves as a general metonymy, metonym for California's high-tech business sector. The cities of Sunnyvale, California, Sunnyvale, Mountain View, California, Mountain View, Palo Alto, California, Palo Alto and Menlo Park, California, Menlo Park are frequently cited as the birthplace of Silicon Valley. Other major Silicon Valley cities are San Jose, California, San Jose, Santa Clara, California, Santa Clara, Redwood City, California, Redwood City and Cupertino, California, Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zürich, Switzerland, and Oslo, Norway), accor ...
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Bain & Company
Bain & Company is an American management consulting company headquartered in Boston, Massachusetts. The firm provides advice to public, private, and nonprofit organizations. One of the Big Three (management consultancies), Big Three management consultancies, Bain & Company was founded in 1973 by former Group Vice President of Boston Consulting Group Bill Bain (consultant), Bill Bain and his colleagues, including Patrick F. Graham. In the late 1970s and early 1980s, the firm grew rapidly. Bill Bain later corporate spin-off, spun off the alternative investment business into Bain Capital in 1984 and appointed Mitt Romney as its first CEO. Bain experienced several setbacks and financial troubles from 1987 to the early 1990s. Romney and Orit Gadiesh are credited with returning the firm to profitability and growth in their sequential roles as the firm's CEO and chairman respectively. In the 2000s, Bain & Company continued to expand and create additional practice areas focused on working ...
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ...
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Whitehouse
Whitehouse may refer to: People * Charles S. Whitehouse (1921–2001), American diplomat * Cornelius Whitehouse (1796–1883), English engineer and inventor * E. Sheldon Whitehouse (1883–1965), American diplomat * Elliott Whitehouse (born 1993), English footballer * Eula Whitehouse (1892–1974), American botanist * Frederick William Whitehouse (1900–1973), Australian geologist * Jimmy Whitehouse (footballer, born 1924) (1924–2005), English footballer * Mary Whitehouse (1910–2001), British Christian morality campaigner * Morris H. Whitehouse (1878–1944), American architect * Paul Whitehouse (born 1958), Welsh comedian and actor * Paul Whitehouse (police officer) (born 1944) * Sheldon Whitehouse (born 1955), American politician from the state of Rhode Island * Wildman Whitehouse (1816–1890), English surgeon and chief electrician for the transatlantic telegraph cable Places ;in the United Kingdom * Whitehouse, Aberdeenshire, location of the Whitehouse ...
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NARA
The National Archives and Records Administration (NARA) is an independent agency of the United States government within the executive branch, charged with the preservation and documentation of government and historical records. It is also tasked with increasing public access to those documents that make up the National Archives. NARA is officially responsible for maintaining and publishing the legally authentic and authoritative copies of acts of Congress, presidential directives, and federal regulations. NARA also transmits votes of the Electoral College to Congress. It also examines Electoral College and constitutional amendment ratification documents for prima facie legal sufficiency and an authenticating signature. The National Archives, and its publicly exhibited Charters of Freedom, which include the original United States Declaration of Independence, Constitution of the United States, United States Bill of Rights, Emancipation Proclamation (starting in 2026), and ...
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Senate Republican Policy Committee
The Senate Republican Policy Committee is the policy research arm of the Republican Conference. Its predecessor, the Senate Republican Steering Committee was formed in March 1944 after Leader Charles L. McNary's death. It became formally funded and renamed the Policy Committee in 1947 along with its Democratic counterpart, the Senate Democratic Policy Committee, after the Legislative Reorganization Act of 1946. Funding for staff of both party policy committees comes directly from the legislative branch. According to '' Congressional Quarterly'', "the Policy Committee is in effect a legislative think tank A think tank, or public policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governme .... The committee organizes the prominent Tuesday lunches with summaries of major bills, analysis of roll call votes and distri ...
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Mitch McConnell
Addison Mitchell McConnell III (; born February 20, 1942) is an American politician and attorney serving as the senior United States senator from Kentucky, a seat he has held since 1985. McConnell is in his seventh Senate term and is the longest-serving senator in Kentucky history. He served from 2007 to 2025 as the leader of the Senate Republican Conference, including two stints as minority leader (2007 to 2015 and 2021 to 2025), and was majority leader from 2015 to 2021, making him the longest-serving Senate party leader in U.S. history. McConnell holds conservative political positions, although he was known as a pragmatist and a moderate Republican early in his political career. He led opposition to stricter campaign finance laws, culminating in the U.S. Supreme Court decision '' Citizens United v. FEC'', which partially overturned the Bipartisan Campaign Reform Act (McCain-Feingold) in 2010. McConnell worked to withhold Republican support for major presidential initia ...
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