Politics9/1/2025Bloomberg

Starmer Taps Shafik as Adviser After Tumultuous Columbia Stint

Starmer Taps Shafik as Adviser After Tumultuous Columbia Stint

Keir Starmer, the UK Prime Minister, has appointed Minouche Shafik as his chief economic adviser. This move brings significant international financial experience to Downing Street, but it also raises concerns about Shafik's previous stint as the president of Columbia University in New York, which was marked by controversy. Shafik's appointment is seen as a strategic move to strengthen Starmer's economic team and provide expertise in navigating complex financial issues. Her extensive background, including roles at the World Bank and the Bank of England, is expected to contribute to the government's policymaking process. However, Shafik's time at Columbia University was not without its challenges, and her departure from the institution has been the subject of scrutiny. This appointment may reignite discussions about her leadership during that period and the potential implications for her new role in the UK government.

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