Dr. Anthony Fauci, who serves as chief medical adviser to President Joe Biden, has announced that he will step down in December after more than five decades of service in the federal government.
Dr. Fauci will also resign as the director of the National Institute of Allergy and Infectious Diseases and chief of the NIAID Laboratory of Immunoregulation.
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Political News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.