Santa Ono rejected for University of Florida presidency amid conservative backlash
The Florida Board of Governors, which oversees the state's universities, voted 10-6 against Ono, who was most recently president of the University of Michigan. The University of Florida Board of Trustees had voted unanimously in May to approve Ono as the school's 14th president, and it is unprecedented for the governors to reverse such an action.
Ono's proposed contract included a number of ideological requirements, such as how well he stopped programs that focus on diversity, equity and inclusion, or DEI. He was to cooperate with Gov. Ron DeSantis' Office of Government Efficiency — similar to the office created by President Donald Trump — and appoint other university officials and deans who are 'firmly aligned' with Florida's approach.
Several prominent conservatives raised questions about Ono before the vote over pro-Palestinian protests, climate change efforts, gender ideology and DEI programs at the University of Michigan and his previous academic positions.
These actions, Republican U.S. Sen. Rick Scott of Florida said on the X social platform, show 'he is willing to appease and prioritize far-left activists over ensuring students are protected and receive a quality education.' Others raising objections include Donald Trump Jr. and Florida GOP U.S. Reps. Byron Donalds, Greg Steube and Jimmy Patronis. Donalds is a Republican candidate for governor.
Writing in Inside Higher Ed, Ono said he supported DEI initiatives at first because they aim was 'equal opportunity and fairness for every student.'
'But over time, I saw how DEI became something else — more about ideology, division and bureaucracy, not student success,' Ono wrote, adding that he eventually limited DEI offices at Michigan. 'I believe in Florida's vision for higher education.'
DeSantis, a Republican who has pushed reforms in higher education to eliminate what he calls 'woke' policies such as DEI, did not take a public stand on Ono but did say at a recent news conference that some of his statements made the governor 'cringe.'
Ono faced similar pointed questions at Tuesday's meeting — especially from former Republican state House speakers Paul Renner and Jose Oliva — leading board member Charles Lydecker to object to the procedure.
'We have never used this as a forum to interrogate. This is not a court of law. Candidly, this process does not seem fair to me,' Lydecker said.
Oliva, however, questioned how to square Ono's many past statements about hot-button cultural issues with his more conservative stance now that he sought the Florida job.
'Now we are told to believe you are now abandoning an entire ideological architecture,' Oliva said. 'We are asking someone to lead our flagship university. I don't understand how it becomes unfair.'
Ono was to replace Kent Fuchs, who became the school's temporary, interim president last summer after ex-U.S. Sen. Ben Sasse stepped down. Sasse left the U.S. Senate, where he had represented Nebraska, to become the university's president in 2023.
Sasse announced in July he was leaving the job after his wife was diagnosed with epilepsy.
Later reports surfaced that Sasse gave six former staffers and two former Republican officials jobs with salaries that outstripped comparable positions and spent over $1.3 million on private catering for lavish dinners, football tailgates and extravagant social functions in his first year on the job.
Ono is also former president of the University of British Columbia and the University of Cincinnati.
i.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 minutes ago
- Yahoo
Data Engineer Interview Prep Course 2025 - Interview Kickstart Data Engineering Program for AI Governance and AI Data Infrastructure
Santa Clara, Aug. 05, 2025 (GLOBE NEWSWIRE) -- As artificial intelligence continues to influence decision-making across industries, ensuring responsible, transparent, and ethical use of data has become paramount. At the heart of effective AI governance lies a strong data engineering foundation, capable of managing data lineage, integrity, compliance, and scalability. To empower professionals for this mission-critical role, Interview Kickstart offers its Data Engineering Interview Masterclass, a career-transforming course designed to equip engineers with the skills needed to build trustworthy AI-ready data infrastructures. To learn more about the course, visit: AI governance is no longer an abstract concern; it is a tangible need for organizations relying on AI for high-stakes decisions. From healthcare to finance, regulatory frameworks demand auditable, explainable, and secure data practices. The Data Engineering Interview Masterclass by Interview Kickstart directly addresses these needs through a comprehensive, industry-benchmarked curriculum that blends foundational data structures and algorithms (DSA), modern system design, and domain-specific data engineering techniques. The course runs for 15 weeks, with live evening and weekend classes tailored for working professionals. Students also benefit from pre-recorded video lessons, weekly assignments, and hands-on learning. Designed for both aspiring and current data engineers, as well as software engineers, database admins, analysts, and data architects, the program builds a robust understanding of modern data pipelines, governance frameworks, and scalable systems essential for AI governance. What makes this program truly impactful is its focus on personalization and long-term support. Students get 1:1 coaching sessions from seasoned FAANG+ data engineering professionals, gaining practical advice and technical insights grounded in real-world experience. These sessions serve as a critical support system for learners to solve doubts, receive personalized feedback, and refine their interview strategies. In addition, Interview Kickstart provides a 6-month support period that enables participants to retake classes, revisit course material at their own pace, and receive continuous career guidance. This ensures that learners are not just prepared to crack tough interviews but are also future-ready to contribute meaningfully to AI governance systems in large-scale data environments. AI governance requires more than policies—it needs infrastructure. Data engineers are tasked with building that infrastructure, managing data lineage, implementing data access controls, and ensuring models are trained on unbiased, high-quality datasets. The Data Engineering Interview Masterclass helps learners develop these core skills, empowering them to become key enablers of ethical and compliant AI systems. Beyond technical mastery, the course includes career coaching that focuses on interview preparation, behavioral questions, and real-world case studies relevant to modern data engineering roles. With 15 live classes, mock interviews, and a structured roadmap, students are well prepared to pursue high-growth roles at leading tech firms, startups, and enterprise-level AI teams. Data engineers are now seen as strategic contributors to AI-driven innovation, and their ability to design systems that align with governance principles is crucial. Interview Kickstart's course equips professionals to rise to this challenge—not just by teaching them how to build data pipelines, but by helping them understand the "why" behind each technical decision, especially in the context of compliance and ethical responsibility. In a world where the impact of AI is increasingly scrutinized, those who can bridge the gap between raw data and responsible AI deployment will be in high demand. Interview Kickstart's Data Engineering Interview Masterclass positions its learners right at the center of this transformation, with the tools, mentorship, and confidence to thrive. For more information, visit About Interview Kickstart Interview Kickstart, founded in 2014, is a trusted upskilling platform designed to help tech professionals secure roles at FAANG and other leading tech companies. With over 20,000 success stories, it has become a go-to resource for career advancement in the tech industry. The platform offers a flexible learning experience with live classes and over 100,000 hours of on-demand video lessons. This ensures learners have the tools they need to dive deep into technical concepts and refine their skills on their own schedule. Additionally, 1:1 coaching sessions provide personalized support in areas like resume building and LinkedIn optimization, enhancing each learner's professional profile. ### For more information about Interview Kickstart, contact the company here:Interview KickstartBurhanuddin Pithawala+1 (209) 899-1463aiml@ Patrick Henry Dr Bldg 25, Santa Clara, CA 95054, United States CONTACT: Burhanuddin PithawalaError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo
2 minutes ago
- Yahoo
Former CNBC pundit and fugitive sentenced to prison for bilking investors out of millions
James Arthur McDonald Jr., an investor and financial analyst who frequently appeared on CNBC, was sentenced to five years in prison for defrauding investors in a multimillion-dollar scheme, the United States Attorney's Office said on Monday. McDonald, 53, a former San Gabriel Valley resident, was the CEO and chief investment officer of two Los Angeles-based companies: Hercules Investments LLC and Index Strategy Advisors Inc. In late 2020, McDonald adopted a "risky short position" betting against the U.S. economy following the presidential election, with the idea that the combination of the COVID-19 pandemic and the election would trigger a major sell-off in the stock market, according to the Justice Department. However, when the expected market drop did not happen, Hercules' clients lost between $30 million and $40 million. McDonald "solicited millions of dollars' worth of funds from investors" for the purposes of raising capital for Hercules at the start of 2021 after clients complained to the firm's employees about their losses. However, in doing so, McDonald "misrepresented how the funds would be used" and failed to disclose the firm's massive losses. According to the Justice Department, McDonald obtained $675,000 from "one victim group" and then misappropriated most of the money including spending $174,610 at a Porsche dealership and transferring an additional $109,512 to the landlord of a home he was renting in Arcadia. McDonald also defrauded clients at Index Strategy Advisors, his other firm, said the Justice Department, using less than half of $3.6 million he raised for trading purposes on personal and other expenditures. McDonald commingled clients' funds with his personal bank account and used the money to buy luxury cars, pay his rent, make credit card payments, pay off Hercules operating expenses and "to make Ponzi-like payments" to Index Strategy clients — including paying some of those clients using funds from other clients. Prosecutors claimed that McDonald caused his victims more than $3 million in losses. 'To his victims, [McDonald] seemed to embody the American Dream,' prosecutors argued in a sentencing memorandum. 'But looks can be deceiving, and as [McDonald's] victims learned, their trust had been betrayed.' In November 2021, McDonald failed to appear before the Securities and Exchange Commission to testify about the allegations he had defrauded investors, and remained a fugitive until last June when he was found at a residence in Port Orchard, Wash. At the time of his arrest, law enforcement found a fake Washington, D.C., driver's license with his photograph and the name "Brian Thomas." In April 2024, a U.S. District judge found McDonald and Hercules liable for violating federal securities law and ordered them to pay millions in disgorgement and civil penalties. McDonald pleaded guilty to one count of securities fraud in February. He will be ordered to pay restitution in this case before a United States district judge at a later date. Sign up for our Wide Shot newsletter to get the latest entertainment business news, analysis and insights. This story originally appeared in Los Angeles Times. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 minutes ago
- Yahoo
Major analyst resets gold price target after shocking economic data
Major analyst resets gold price target after shocking economic data originally appeared on TheStreet. In times of inflation and economic turbulence, some investors turn to gold as a safe haven. Many experts and veteran analysts agree that gold is a solid long-term investment. It usually acts as a hedge amid geopolitical and fiscal challenges. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 However, one of the most successful investors of our time, the legendary Warren Buffett, avoids investing in gold. In fact, he considers it useless. But why? He once said gold 'doesn't do anything but sit there and look at you.' While this is literally true (except the looking part) and Buffett's investment strategies shouldn't be questioned, patient investors who have invested in gold in 2024 or at the beginning of 2025 have been rewarded. Compared to the same time last year, gold prices are now more than 40% higher. A considerable jump happened in April. This followed President Donald Trump's tariff announcement on so-called 'Liberation Day,' showcasing gold's dependence on economic and political changes. To understand how impressive a more than 40% return is, we should compare it to other assets, such as stocks or major indexes. For example, the S&P 500 is up 22.05% over the past 12 months. However, such a significant gain may not happen often enough to make gold the only investment in a person's portfolio. Many experts recommend a diversified portfolio, which means no more than 10% invested in gold. A 40% return over the past 12 months is not bad for a yellow metal that does nothing, but will it continue to go up? Earlier this week, commodities analysts at Citigroup offered their projections. Citi raises gold outlook on harsh U.S. economic instability Citigroup Inc. revised its projections for gold, now expecting it to reach a record high in the short term, influenced by the crumbling U.S. economy, rising inflation, and ever-changing the next three months, gold is expected to trade between $3,300 and $3,600, partly due to U.S. import levies averaging higher than the expected 15% analysts wrote in an Aug. 4 note, as reported by Bloomberg. 'The market has been concerned about a U.S. recession due to high interest rates for the past three years, buying gold to hedge the downside risks,' analysts, including Max Layton, wrote. 'This fear has likely only increased over the past six months given President Trump's largest-in-a-century trade tariff agenda.' In June, the bank projected that gold would trade between $3,100 and $3,500. Now, it is resetting the gold price target, expecting a weaker dollar and inflation challenges to continue in the second half of the year. "U.S. growth and tariff-related inflation concerns are set to remain elevated during 2H'25, which alongside a weaker dollar, are set to drive gold moderately higher, to new all-time highs," the bank said, as reported by Reuters. More Economic Analysis: GOP plan to remove Fed Chair Powell escalates Federal Reserve official gives green light to July rate cut Trump deflects reports on firing Fed Chair Powell 'soon' Former Federal Reserve official sends bold message on 'regime change' After reaching a peak of $3,500 an ounce in April, according to JP Morgan, gold's price has been relatively stable, and Citi's new projections are similar to those of other major analysts. Depressing U.S. outlook unites analysts on gold price projections The majority of Wall Street analysts are bullish on gold prices. Goldman Sachs analysts projected in June that gold would end the year at $3,700 per ounce, based on strong central bank demand, reports Invezz. Reuters' poll of 40 analysts and traders revealed an average forecast of $3,220 per troy ounce, up from the $3,065 they predicted three months ago. A troy ounce is slightly heavier than a standard ounce, equivalent to 31.1 grams, versus 28.35 grams. Moreover, Fidelity International recently said gold could reach $4,000 an ounce by the end of 2025, as the Federal Reserve cuts rates, the dollar declines, and central banks keep adding holdings, reported Bloomberg.J.P. Morgan Research projects prices will average $3,675 an ounce by the final quarter of 2025, rising toward $4,000 per ounce by the second quarter of 2026. U.S. investors who invested in gold might feel slightly conflicted when hearing the news of this commodity's price increase. While they are earning a profit as gold's price rises, the U.S. economy is likely struggling. For example, an investor might seem to have gained 10% on their gold investment, but if the dollar weakened over the same period by 5% due to inflation, the investor's real inflation-adjusted gain would be much less. Or while an investor might be pleased to have profited from a gold investment, they might have lost their job due to labor market challenges caused by a weak economy. Nonetheless, a gain is a gain, especially in times of recession. Key concerns causing higher gold price projections: Inflation; Steep tariffs on exports from many trading partners; Weaker U.S. labor data in the second quarter of 2025; The weakening dollar; Political instability. Gold was trading at $3,383.86 per ounce during Aug. 5's morning analyst resets gold price target after shocking economic data first appeared on TheStreet on Aug 5, 2025 This story was originally reported by TheStreet on Aug 5, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data