Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

FAA chief Whitaker to step down in January when Trump takes office

by
December 13, 2024
in Investing
0
FAA chief Whitaker to step down in January when Trump takes office

By David Shepardson

WASHINGTON (Reuters) -Federal Aviation Administration chief Mike Whitaker, who has overseen the agency’s response to significant safety issues at Boeing (NYSE:BA) since a mid-air emergency in January, will step down when President-elect Donald Trump takes office next month.

SpaceX CEO Elon Musk, a close adviser to Trump, in September called for Whitaker’s resignation and harshly criticized the FAA’s decision to impose a $633,000 fine on SpaceX after the agency said the company violated launch license requirements.

Trump has said he plans to oust many officials before their terms expire but had not specified plans for the FAA.

Whitaker, who was confirmed to a five-year term as FAA administrator in October 2023, will leave his position on Jan. 20, the day Trump is inaugurated for his second term in the White House.

“As I conclude my time at the FAA, my confidence in you to meet our safety mission has never been stronger,” Whitaker said in a memo to employees on Thursday. 

Former U.S. Representative Sean Duffy, who is Trump’s nominee to head the Transportation Department, told Reuters in an interview on Thursday that Trump will nominate a new FAA administrator “who is strong and capable and ready to roll.” He added that a deputy would be in place on Jan. 20 to oversee the agency.

Duffy said he wants to make sure the FAA has enough air traffic controllers and “that we have safe planes coming out of Boeing.”

The FAA also said Deputy Administrator Katie Thomson will step down on Jan. 10, which will mean Mark House, the agency’s assistant administrator for finance and management, will be the agency’s senior acting official during the transition.

Whitaker told Reuters last week that he was unsure if he would stay beyond Jan. 20 as conversations with the transition team continued. 

 His tenure has been consumed with addressing Boeing safety issues after a door panel missing four key bolts blew off an Alaska Airlines 737 MAX 9 jet at 16,000 feet (4,877 m).

U.S. Senator Tammy Duckworth, a Democrat who heads a subcommittee on aviation, said she was saddened about Whitaker’s departure and praised his oversight of Boeing. “I hope the effort he spearheaded on that front will continue,” she said.

The FAA chief took the unprecedented step of capping Boeing’s production at 38 737 MAX planes per month in January and has insisted the company make dramatic safety improvements before he would restore authority.

Whitaker, who announced another audit of Boeing in October, has said it could take five years for the company to reform its safety culture, but noted the planemaker has deployed a new parts management system and improved training.

He has also dealt with continuing air traffic control staffing issues and a series of near-miss incidents that have raised safety concerns.

This post appeared first on investing.com
Previous Post

US stock futures steady as rate cut bets persist; Broadcom soars on upbeat outlook

Next Post

Macy’s says internal control not effective after employee made entries to hide $154 million

Next Post
Macy’s says internal control not effective after employee made entries to hide $154 million

Macy’s says internal control not effective after employee made entries to hide $154 million

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Trump says he believes Hegseth ‘100%’ on Venezuelan drug boat strike denial amid allegations

Trump says he believes Hegseth ‘100%’ on Venezuelan drug boat strike denial amid allegations

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Trump says he believes Hegseth ‘100%’ on Venezuelan drug boat strike denial amid allegations

Trump says he believes Hegseth ‘100%’ on Venezuelan drug boat strike denial amid allegations

December 1, 2025
Trump gave Maduro ultimatum to flee Venezuela as land operations loom: report

Trump gave Maduro ultimatum to flee Venezuela as land operations loom: report

December 1, 2025
Trump says ‘don’t read anything into it’ when asked about declaring Venezuela’s airspace closed

Trump says ‘don’t read anything into it’ when asked about declaring Venezuela’s airspace closed

December 1, 2025
Trump envoy Steve Witkoff heads to Moscow as Ukraine peace talks gain momentum

Trump envoy Steve Witkoff heads to Moscow as Ukraine peace talks gain momentum

December 1, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Trump says he believes Hegseth ‘100%’ on Venezuelan drug boat strike denial amid allegations

    Trump says he believes Hegseth ‘100%’ on Venezuelan drug boat strike denial amid allegations

    December 1, 2025
    Trump gave Maduro ultimatum to flee Venezuela as land operations loom: report

    Trump gave Maduro ultimatum to flee Venezuela as land operations loom: report

    December 1, 2025
    Trump says ‘don’t read anything into it’ when asked about declaring Venezuela’s airspace closed

    Trump says ‘don’t read anything into it’ when asked about declaring Venezuela’s airspace closed

    December 1, 2025
    Trump envoy Steve Witkoff heads to Moscow as Ukraine peace talks gain momentum

    Trump envoy Steve Witkoff heads to Moscow as Ukraine peace talks gain momentum

    December 1, 2025

    Top News

    Trump says he believes Hegseth ‘100%’ on Venezuelan drug boat strike denial amid allegations

    Trump says he believes Hegseth ‘100%’ on Venezuelan drug boat strike denial amid allegations

    December 1, 2025
    Trump gave Maduro ultimatum to flee Venezuela as land operations loom: report

    Trump gave Maduro ultimatum to flee Venezuela as land operations loom: report

    December 1, 2025

    Latest News

    • Trump says he believes Hegseth ‘100%’ on Venezuelan drug boat strike denial amid allegations
    • Trump gave Maduro ultimatum to flee Venezuela as land operations loom: report
    • Trump says ‘don’t read anything into it’ when asked about declaring Venezuela’s airspace closed

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.