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Hirsh Vardhan Singh announces gubernatorial candidacy in New Jersey

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Hirsh Singh
Hirsh Singh

Hirsh Singh announced his candidacy for governor of New Jersey. If elected, he’d become just the third Indian-American governor in U.S. history. Photo: singhfornewjersey.com

NEW YORK (Diya TV) — Indian-American entrepreneur Hirsh Vardhan Singh has officially announced his candidacy for governor of New Jersey, running as a Republican on the platform of reducing the state’s property taxes and bringing the state to the forefront of technological development.

Singh faces a multitude of tough opposition at the June Republican primary. There are currently four Republicans vying for the party’s nomination to succeed Gov. Chris Christie: Assemblyman Jack Ciattarelli, Lt. Gov. and Secretary of State Kim Guadagno, Nutley Commissioner of Public Affairs Steven Rogers and businessman Joseph Rudy Rullo.

He announced his candidacy earlier this month and asked the New Jersey electorate to give his fresh ideas a chance.

“We’ve tried bankers from Goldman Sachs before and we’ve tried lawyers. Now if you give me the support I bring my engineering background as a problem solver,” he said.

Singh, a New Jersey native who was born in Atlantic City, earned his engineering degree from the New Jersey Institute of Technology. “It’s time to scale back government interference in our lives and get back to our motto of ‘Liberty and Prosperity’,” he said.

If elected, Singh would be just the third Indian-American in history to be elected governor of a state in the U.S. Former Louisiana Gov. Bobby Jindal was the first, followed by former South Carolina Gov. Nikki Haley, who graduated to her current post as the U.S. ambassador to the United Nations under President Trump.

New Jersey has one of the highest concentration of Indian Americans in the nation. According to 2010 Census figures, New Jersey had the third largest concentration of Indian Americans after California (528,176) and New York (313,629). The state has seen its Indian-American population skyrocket nearly 80 percent since 2000.

“I was making a lot more money in the private sector. I was doing a very good job. The idea is to help our people and improve the state,” Singh said in a recent interview to SNJ Today.

While announcing his candidacy, Singh said New Jersey’s greatest problems are those that come as a result of a flawed philosophy of government that’s held by the state’s leaders. He said the solution can be found in the state’s motto: Liberty and Prosperity.

“Through liberty we attain prosperity,” he said.

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FTX’s Nishad Singh got $543 million loan

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More fallout from the FTX cryptocurrency platform collapse. Court documents show its affiliate Alameda Research loaned executives like Sam Bankman Fried $1 billion and more than $500 million to Indian American Nishad Singh, FTX’s top engineer. FTX’s interim CEO says never in his career has he seen such complete failure of corporate controls and a complete absence of trustworthy financial information. The company filed for Chapter 11 bankruptcy after it was unable to come up with customer funds.

Elizabeth Holmes was sentenced to more than 11 years in prison after her conviction in January for defrauding investors while running the failed blood testing start up Theranos.In her trial, Holmes alleged she was in the midst of a decade-long abusive relationship with her then-boyfriend and Theranos COO Ramesh “Sunny” Balwani. The Indian American was also found guilty for his role in this fraud and will be sentenced later.

Starting next month, India will assume the G20 presidency for a year and chair more than 200 meetings, leading the way for global economic growth. Prime Minister Narendra Modi said his country’s leadership here will be inclusive, ambitious, and decisive.

Ravi Kapur contributed to this report.

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Arvind Venkat & Tarik Khan win Pennsylvania State seats

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WASHINGTON D.C. (Diya TV) – Looking back at the midterm elections, Arvind Venkat and Tarik Khan made history as the first South Asian Americans elected to the Pennsylvania State Legislature. Advocacy group Indian American Impact played a major role on the ground, saying it trained and mobilized 200 volunteers to go door-to-door, to engage voters and provide info they needed to elect new leadership.

After 35 years, the Nancy Pelosi era is officially coming to an end. The speaker from San Francisco announced she’s bowing out of leadership, but will retain her House seat. The midterms cost Pelosi’s Democratic party the House and effectively ended her speakership.

Two former Indian American executives at Meta Platforms will launch a new non fungible token start up for creators. Kirthiga Reddy and Saurabh Doshi have raised more than $8 million for their new company called Virtualness. But they are facing headwinds as the FTX cryptocurrency exchange collapse is putting pressure on the entire industry.

Ravi Kapur contributed to this report.

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Meet FTX insider Nishad Singh

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SAN FRANCISCO (Diya TV) – The controversy around failed cryptocurrency exchange FTX continues to captivate the world. Part of the scrutiny is now on the people involved, including Indian American Nishad Singh. According to new reports, this techie was part of FTX’s inner circle, which lived together and ran the cryptocurrency empire from the Bahamas. The software engineer was also reportedly aware that FTX secretly transferred customer funds worth billions of dollars to its sister firm Alameda Research. Currently, no one is facing any criminal charges. Diya TV featured Singh more than a decade ago for running ultra marathons as a 17 year old getting ready for college. 

Former President Donald Trump has officially announced he is running for president in 2024, marking his third bid for the White House. Trump had been hinting at this announcement for months, as the embattled former president faces multiple criminal and civil litigations and as his party is grappling with a worse than expected showing in the midterm elections. 

At the G20 Summit in Bali, world leaders including Indian Prime Minister Narendra Modi and U.S. President Joe Biden are coming together to condemn the rising threat of nuclear weapons as Russia’s war against Ukraine continues to raise tension and anxiety around the world.

Ravi Kapur contributed to this report.

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