New York Times Washington bureau chief Elisabeth Bumiller sent out the following on Wednesday:
We’re excited to tell you that Kate Kelly, who covers Wall Street for the Business desk, will join the Washington bureau in September to write about lobbying, big money and the world of influence.
For the last four and a half years, Kate has written about the personalities, banks, hedge funds, profits, losses and regulation of Wall Street. She has tracked the influence of firms like Goldman Sachs and Blackstone in New York and in Washington. She has written about a billion-dollar bet traders made against U.S. malls, the xenophobic culture that pushed banking’s only Black chief executive out of Credit Suisse and, with Mark Mazzetti, a Trump administration tipoff that prompted investors to short the market during the early stages of the pandemic.
Before joining The Times, Kate worked for more than six years as an on-air television reporter at CNBC, appearing on the channel’s daytime programming with news, interviews and analysis. Prior to that, she spent a decade at The Wall Street Journal, where she covered Hollywood, finance and the markets.
Kate has won a Livingston Award for a three-part series on the fall of Bear Stearns, as well as two Gerald Loeb Awards. In 2019, she was part of The Times team that won a Robert F. Kennedy Human Rights Award for coverage of the war in Yemen.
She is the author of the best-seller “Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street” and the co-author of “The Education of Brett Kavanaugh” with Robin Pogrebin. She has a bachelor’s degree in history from Columbia University.
In the bureau, Kate will work with our master of lobbying coverage, Ken Vogel, as well as with Eric Lipton and other reporters on Dick Stevenson’s enterprise/investigative team. She starts September 20. Please welcome her!