President Joe Biden has nominated international security expert Christine Wormuth as the new Secretary of the US Army.
This the first time in the U.S. history that a female is appointed to this key post. If confirmed, she would be the first woman to hold the third most senior civilian position in the Department of Defense.
Defense Secretary Lloyd J. Austin described her as "a true patriot with a dedicated career in service to America and the nation's security".
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.