Paramount Television President Amy Powell has been fired after making inappropriate comments, the movie and TV studio’s Chief Executive Jim Gianopulos told staff Thursday.

In a memo obtained by The Times, Gianopulos told staff multiple people raised concerns about Powell’s unspecified comments last week, sparking an internal investigation by the company. It was not immediately clear what Powell said that led to her ouster, but a person familiar with the matter said she made racially charged remarks in a meeting attended by multiple people.

“Having spent the past several days conducting a thorough investigation into this matter and speaking to those who were present, our Human Resources and Legal teams came to the same conclusion, and we have made the decision to terminate Amy's employment, effective immediately,” Gianopulos said.

Powell has denied making the insensitive comments.

“There is no truth to the allegation that I made insensitive comments in a professional setting — or in any setting,” she said in a statement. “The facts will come out and I will be vindicated."

The firing comes a month after Netflix ousted its chief communications officer for using a racial slur on at least two occasions in the workplace. Company CEO Reed Hastings said in a memo to employees he dismissed Jonathan Friedland after deciding that what he said wasn’t “in line with our values as a company.”

Powell was named president of the Viacom Inc.-owned Paramount Television in 2013, picked by then-CEO Brad Grey to ramp up the storied Los Angeles studio’s efforts for the small screen.

Powell, who began her career at CNN, joined Paramount in 2004 after working in interactive marketing at Sony Pictures.

Under her tenure, the studio’s TV division produced shows such as “13 Reasons Why” for Netflix, “School of Rock” for Viacom’s Nickelodeon network, and “The Alienist” on TNT. Its upcoming shows include “Tom Clancy’s Jack Ryan” on Amazon.

“While it is incredibly difficult to part ways with a valued member of our community, it is imperative that we uphold our values and ensure that all employees feel safe and included in the workplace,” Gianopulos wrote to staff.

“Importantly, I want to take this opportunity to remind everyone of the type of company and culture we’re committed to building at Paramount,” Gianopulos added. “It’s one of inclusion, honesty and accountability — where diversity is critical to ensuring that all ideas, backgrounds and perspectives are embraced and respected.”

https://www.latimes.com/business/hollywood/la-fi-ct-amy-powell-paramount-20180719-story.html

>>2220386

I think there will be a shift also to credit unions and smaller community/regional banks as part of the structural changes. Just a hunch given the small changes already made in the background.

Executive Order establishes new NCUA seal

Posted December 12, 2017 in Top News Stories

President Donald J. Trump has signed an Executive Order establishing the new official seal for the National Credit Union Administration, the agency announced today.

also:

The National Credit Union Administration revealed “its sweeping regulatory reform plan” on how it can honor President Donald Trump’s order to massively scale back government regulations.

The plan upholds one of Trump’s first executive orders that he announced back in January. In the order, he asked that for every one new regulation issued, at least two prior regulations be identified for elimination. And the costs of the planned regulations need to be prudently managed and controlled through a budgeting process.

There is one major disclaimer in Trump’s order though: It doesn’t apply to independent agencies, which is explained more in-depth here.

The NCUA, along with the Consumer Financial Protection Bureau, the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, are all independent agencies.

So while they are not required by law to honor the order, they could choose to honor it in spirit, a move the NCUA chose to do.

At the time of the announcement, J. Mark McWatters, who was appointed by Trump, was only acting chairman of the board. He was officially named chairman of the NCUA board in June.

Now about half a year later, the NCUA released a package of regulatory reforms recommended by an internal agency task force and is inviting credit union stakeholders to read and comment on it.

The task force recommended changes that would be adopted in the coming four years to clarify, improve, revise, or eliminate regulations.

The board already approved the plan, and it is posted in the Federal Register for a 90-day comment period. The full reform can be read here.

“The need for a forward-looking regulatory structure that offers meaningful relief without undermining safety and soundness is quite clear,” McWatters said, “and these recommendations serve as a roadmap for a thoughtful process to achieve that goal.”

“This undertaking represents a more significant and comprehensive regulatory relief effort than the agency has pursued in the past. We initiated this effort in the spirit of the administration’s executive order requiring regulatory review, even though the NCUA is not covered by the order,” McWatters said.

>>2220572

My take is that it's just limited immunity as it pertains to Manafort's charges. Perhaps they told Podesta that if you testify here to put Manafort away and since we have enough shit on you for many other shady dealings to put you away for the rest of your life, we won't

bring up the kiddie stuff?

It also brings up the Podesta bros again into the public conversation and makes everyone defend them.

>>2220614

Not sure, but it could all be bullshit too since no one's actually seen the immunity deal and at this point it's pure speculation on everyone's part.

Guess we'll find out soon enough