Jon Burns

Money Moves

Non-executive chairman, OceanFirst Financial board

OceanFirst Financial closed its $579 million purchase of Flushing Financial on June 1. Warburg Pincus holds one of the 17 seats on the combined bank's board, giving the firm a governance role alongside its $225 million equity stake.

Updated Jun 2

New Capabilities

Leading scientific program for LuSEE-Night

The cosmic Dark Ages were a 200-million-year stretch after the Big Bang — just hydrogen gas, no stars. No instrument has ever detected light from this period: Earth's atmosphere blocks the radio frequencies, and human electronics drown out the faint signals.

Updated May 23

Rule Changes

Advancing competing property tax cut proposal

A Georgia Senate committee voted 6-3 along party lines to eliminate the state's income tax by 2032, starting with exempting the first $50,000 for individuals and $100,000 for couples in January 2027. The move would immediately blow a $3 billion hole in the state budget mid-fiscal year, eventually eliminating a $16 billion revenue stream that funds schools, healthcare, and infrastructure.

Updated May 19