Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Remembering Frank Gehry, legendary architect of Guggenheim Museum Bilbao – The Art Newspaper

December 7, 2025

Comment | Fine balance: fairs up the exclusivity while appealing to younger clients – The Art Newspaper

December 6, 2025

‘Drastic turmoil and change’: Tokyo show explores Japan’s post-war society through its art – The Art Newspaper

December 6, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Stocks
Stocks

Senator wants Boeing CEO to testify as she prepares new FAA legislation By Reuters

News RoomBy News RoomJuly 11, 2024
Share
Facebook Twitter LinkedIn Pinterest Email

By David Shepardson

WASHINGTON (Reuters) -U.S. Senate Commerce Committee chair Maria Cantwell said on Thursday she has asked Boeing (NYSE:) CEO Dave Calhoun to appear before her committee as she prepares legislation that would boost Federal Aviation Administration oversight of planemakers.

Calhoun appeared before another Senate committee on June 19, but Cantwell told reporters she expects the outgoing chief executive will also appear for a future hearing before her committee. She said it might need to wait until the National Transportation Safety Board holds an investigating hearing Aug. 6-7 on the Alaska Airlines Boeing 737 MAX 9 mid-air emergency.

“Our job here is why did the FAA drop the ball? What is it that we have to do to ensure that the FAA does its job?” Cantwell said. The FAA and Boeing did not immediately comment.

Cantwell said she will also soon release proposed FAA legislation to require the agency to use safety management systems (SMS) and that there is a question about why the FAA did not have a more robust system. “It’s really important to have an oversight system that does work,” Cantwell said.

Last month, FAA Administrator Mike Whitaker told the committee the agency was “too hands off” in oversight of Boeing before a mid-air emergency in a new 737 MAX 9, acknowledging inadequate oversight in the Jan. 5 incident in which a door panel blew out during the flight.

In April, the FAA said it was finalizing new rules requiring charter, commuter, air tour operators and aircraft manufacturers to implement SMS systems.

SMS systems are sets of policies and procedures to proactively identify and address potential operational hazards. U.S. airlines have been required to have SMS since 2018 and some aerospace companies, such as Boeing, already voluntarily have SMS programs.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

The Fed’s biggest decision this week could have nothing to do with interest rates

Carvana gets a spot in the S&P 500 ahead of these tech stocks

Opinion: The Fed is running into a wall of its own making

SpaceX may be worth more than half of Tesla — with a sixth of the revenue

Opinion: I tried to donate my crypto to charity. Here’s what I learned.

This crazy chart shows just how much cash OpenAI is burning as it chases AI profits

The last holdout on MP Materials’ stock has turned bullish

Opinion: If AI is taking our jobs, then why are office vacancy rates falling?

‘China’s Nvidia’ shows that the global chip race is heating up as it basks in post-IPO glow

Recent Posts
  • Remembering Frank Gehry, legendary architect of Guggenheim Museum Bilbao – The Art Newspaper
  • Comment | Fine balance: fairs up the exclusivity while appealing to younger clients – The Art Newspaper
  • ‘Drastic turmoil and change’: Tokyo show explores Japan’s post-war society through its art – The Art Newspaper
  • Driving in Van Gogh’s footsteps: the 1907 book that imagined a dream art pilgrimage – The Art Newspaper
  • The Fed’s biggest decision this week could have nothing to do with interest rates

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

Comment | Fine balance: fairs up the exclusivity while appealing to younger clients – The Art Newspaper

December 6, 2025

‘Drastic turmoil and change’: Tokyo show explores Japan’s post-war society through its art – The Art Newspaper

December 6, 2025

Driving in Van Gogh’s footsteps: the 1907 book that imagined a dream art pilgrimage – The Art Newspaper

December 6, 2025

The Fed’s biggest decision this week could have nothing to do with interest rates

December 6, 2025

‘Myths and realities of our everyday’: comprehensive book marks Susan Ressler’s 50-year career – The Art Newspaper

December 6, 2025
Facebook X (Twitter) Instagram
© 2025 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.