He will retire from the plan at the end of the fiscal year after three decades of service.
The bill would raise the excise tax levied on annual private university endowment profits in line with the corporate tax rate of 21%.
A recent executive order directs federal agencies to launch civil investigations concerning DEI policies at private sector institutions, including large universities and foundations.
The outsourced cio firm has promoted a partner and head of its client portfolio management group to co-cio, effective Jan. 1.
The retirement system will also see its executive director resign on Friday after less than a year in the role.
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