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At the same time, they've been taking tens of thousands of dollars in corporate PAC money — some of which may be ending up directly in the senators' bank accounts. This story is available exclusively to Business Insider subscribers. Between the 2022 election and the end of 2023, Vance has used $78,000 in corporate PAC contributions to repay campaign debts, while Mullin has done the same with $45,000 in corporate cash. Mullin did the same with 19 corporate PACs, including ConocoPhillips, ExxonMobile, and GlaxoSmithKline. He also promised not to take corporate PAC money during the GOP primary, only to reserve that pledge during the general election against Democratic Rep. Tim Ryan, who did accept corporate PAC money.
Persons: , JD Vance, Markwayne Mullin, they've, Vance, Mullin, Sen, Ted Cruz, Elena Kagan, Cruz, Jordan Libowitz, Republican Sen, Ron Johnson of, Ron Johnson, Shawn Thew, who's, Tim Ryan, didn't, Vance's, Saurav Ghosh, Ghosh Organizations: Service, Sens, Indiana, Business, Texas Republican, Finance, FEC, Citizen, Washington, Capitol, Republican, Getty, Pro, Comcast, Intel, General Motors, Walmart —, ConocoPhillips, GlaxoSmithKline, GOP, Democratic Rep Locations: Ohio, Texas, Ron Johnson of Wisconsin, AFP, Oklahoma, The Ohio, ExxonMobile
Expect to see a record rate of CEO turnover this year, PwC's Tim Ryan said at Davos. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "We will see more turnover in the C-Suite in the next 12 months than we have ever," Tim Ryan, PwC senior partner, told Business Insider at the World Economic Forum in Davos , Switzerland this week. CEO turnover is already high. AdvertisementCorrection: Thursday, January 18, 2024 — This article has been updated to reflect Tim Ryan's current title, which is senior partner at PwC.
Persons: PwC's Tim Ryan, , Tim Ryan, PwC, Ryan, you've, You've, isn't, Gray, Chris Licht, GameStop's Matthew Furlong, Jeff Shell, Ron Shaich, Tim Ryan's Organizations: Davos, Service, Economic, NBC, Economic Policy Institute, East Locations: Davos, Switzerland, PwC
Opinion: Biden is in trouble
  + stars: | 2023-11-10 | by ( Julian Zelizer | ) edition.cnn.com   time to read: +7 min
The theory is that, by focusing on reproductive rights, as well as other issues that have strong national support, such as fighting climate change, the Biden campaign will be able to overcome the challenge posed by the president’s low approval rating. There are also serious questions being raised about whether abortion rights are as motivating for voters as some Democrats think. But when it comes to a national election featuring two candidates, abortion may just be one of many issues, with differing political impacts, he argued. According to a New York Times/Siena College poll, former President Donald Trump is currently ahead of Biden in five out of six battleground states. With key voters saying they trust Trump more on issues including immigration, the economy and national security, Biden could be in serious trouble in Arizona, Georgia, Michigan, Nevada and Pennsylvania.
Persons: Julian Zelizer, Joe Biden, Kamala Harris, Biden, George W, Bush’s, Massachusetts Sen, John Kerry, Bush, Hurricane, Kerry, , David Leonhardt, Tim Ryan, Vance, Leonhardt, Donald Trump, Trump Organizations: CNN, Princeton University, The New York Times, America, Democrats, Republican, GOP, Kerry, Swift, Veterans, Truth, Texas Air National Guard, US Air Force, paragon, Fox News, New York Times, Democratic, Ohio, Siena College, White, Trump Locations: Virginia , Ohio, Kentucky, Massachusetts, Iraq, Vietnam, Michigan, Arizona , Georgia, Nevada, Pennsylvania
The CNN poll finds that 25% of voters believe Biden has the stamina and sharpness to serve effectively, while 53% say Trump does. The CNN poll encapsulates this potential dilemma for voters. And given his national approval rating in the CNN poll of only 39%, any economic downturn next year would be disastrous for him. Voters see Trump as a stronger leader, suggesting that bluster and threats are more convincing than Biden’s nuanced approach. Latino voters favor Biden over Trump by only four points compared to 33 points in the 2020 election.
Persons: Joe Biden, Biden, Donald Trump, Trump’s, Andy Beshear, Glenn Youngkin, let’s, ” Biden, Trump, demonization ”, , hasn’t, he’s, MAGA, there’s, trimmer, Will, abate, Tim Ryan, CNN’s Wolf Blitzer, it’s, , , Bacon, , doesn’t, Bill Clinton, Barack Obama’s, Jimmy Carter, Obama, Clinton Organizations: CNN, Democrats Tuesday, Biden, GOP, Democratic, New York Times, Siena College, Trump, Democratic Gov, GOP Gov, Republican, , Former Democratic, Hamas, Voters, Black Locations: Ohio, Kentucky, Virginia, America, New York, Ukraine, Israel, Nevada, Georgia, Arizona, Michigan, American, Gaza
As companies look to deploy generative artificial intelligence across their businesses, leaders run the risk of leaving the bulk of their employees behind. That's a mistake that will cost companies dearly, according to PwC's Tim Ryan. Since generative AI burst onto the business landscape last November, CEOs have been trying to understand the impact the technology will have on their companies. He knew the only way to quell that worry was to train them on the new technologies PwC was using. Upskilling was very important because we were sensitive to what our people were feeling, and that was worry."
Persons: Tim Ryan, Ryan, he's, Upskilling Organizations: Workers Locations: PwC
Don't expect any change, Biden advisers say, until after decisions are handed down in those trials. However, sustaining that strategy, during the most contentious and consequential judicial actions in U.S. presidential history, will be severely tested in the coming months, political strategists say. Expect Trump to use a series of criminal trials from New York City to Georgia and Florida in the months ahead to fuel a campaign deeply rooted in grievance politics. The White House and the reelection campaign are content to use the upcoming months - when Republicans are embroiled in a nasty nominating race - to pitch Americans on the success of Biden's economic policies, interviews show. Instead, the reelection campaign will try to draw attention to differences between the two candidates, officials say.
Persons: Donald Trump, Mario Anzuoni, Donald Trump's, Joe Biden, Biden, “ It’s, , Jimmy Seagull, Trump, perp, Karen Finney, he'd, — Barack Obama, George W, Bush, Bill Clinton, Jimmy Carter —, Tim Ryan, , Ryan, Jarrett Renshaw, Heather Timmons Organizations: REUTERS, Republican, Trump, Democratic, Democrats, Republicans, Trump . Democratic, Thomson Locations: Los Angeles , California, U.S, New York City, Georgia, Florida, Ohio, America, United States
Ohioians issued a resounding rejection of a GOP-led gambit to stymie abortion rights. It also seems pretty clear that more than a year removed from Roe's reversal, Americans remain animated about the future of abortion rights. Just under 642,000 Ohioans voted early, smashing turnout in recent elections, The Columbus Dispatch reported. In comparison, 263,000 Ohioans voted early last May in races that featured contested US Senate and gubernatorial races. The early turnout for Tuesday's special election is more than four times the amount of early votes that were cast in statehouse primary races last year.
Persons: Ohioians, Frank LaRose, Tim Ryan, Sen, JD Vance, Jason Stephens, Dave Wasserman, Vance, It's, it's what's Organizations: GOP, Republicans, Service, Republican, Ohio Dems, Ohio Democratic Party, Twitter, Cincinnati —, Ohio State University, The New York Times, Democrat, Ohio Capital, Ohio Republicans, Columbus Dispatch, Ohio GOP Locations: Wall, Silicon, Ohio, Columbus, Cleveland, Franklin County, Franklin, Delaware County, Ashtabula County, Kansas, Arizona
The 10 Senate seats most likely to flip in 2024
  + stars: | 2023-04-30 | by ( Simone Pathe | ) edition.cnn.com   time to read: +19 min
The GOP needs a net gain of one or two seats to flip the chamber, depending on which party wins the White House in 2024, and it’s Democrats who are defending the tougher seats. Jim Justice announcing his Senate bid in West Virginia – the seat most likely to flip party control in 2024. In a presidential year, the national environment is likely to loom large, especially with battleground states hosting key Senate races. Two businessmen with the ability to tap into or raise significant resources could be in the mix – Eric Hovde, who lost the GOP Senate nomination in 2012, and Scott Mayer. Still, unseating Cruz in a state Trump won by nearly 6 points in 2020 will be a tall order.
Some of the most recent private equity recruits will rake in nearly $200,000 in base pay alone. Among the firms recruiting are Bain Capital, Blackstone, and KKR & Co. — three of the largest private-equity firms in the world based on funds raised in the last five years. These private-equity firms, along with others, have increasingly accelerated their recruiting timelines to get ahead of competitors, as Insider previously reported. To woo promising junior talent, private-equity firms offer sky-high salaries and even more enticing bonus propositions, much like in investment banking, from which these firms cull most of their talent. Oaktree Capital ManagementOaktree Capital Management was founded in 1995, and has $170 billion in AUM, according to its website.
CLEVELAND — Matt Dolan, who lost a raucous Republican Senate primary in Ohio last year, will run again in 2024, this time seeking to unseat longtime Democratic incumbent Sherrod Brown. Dolan will announce his candidacy this week, he told an Ohio GOP official in a voicemail Sunday that the official shared with NBC News on the condition of anonymity. Dolan, a state senator whose family owns the Cleveland Guardians, would likely be the first candidate on the GOP side to officially declare. Other Republicans closely looking at the race include Ohio Secretary of State Frank LaRose and Bernie Moreno, a businessman who briefly was a Senate candidate in 2022. Ohio State Senator Matt Dolan, a Republican candidate for U.S. Senate in Ohio, speaks in Cleveland, on April 28, 2022.
The new Congress, which begins this week, will have five politically-split Senate delegations. But in the new Congress, which begins this week, only five states will have split Senate delegations: Maine, Montana, Ohio, West Virginia, and Wisconsin. AP Photo/Matthew BrownMontanaDemocratic Sen. Jon Tester and Republican Sen. Steve DainesTester was first elected to the Senate in 2006 and secured reelection in both 2012 and 2018. Tom Williams/CQ-Roll Call, Inc via Getty ImagesWest VirginiaDemocratic Sen. Joe Manchin and Republican Sen. Shelley Moore CapitoManchin is perhaps the nation's most recognizable moderate Democrat, having single-handedly scuttled Biden's Build Back Better agenda in December 2021. WisconsinRepublican Sen. Ron Johnson and Democratic Sen. Tammy BaldwinThe Badger State is often home to some of the closest races in the entire country.
Incoming Sen. JD Vance continues a tradition of celebrities who broke into Republican politics. Their pre-congressional careers include stints on Broadway and reality TV, and in blockbuster movies. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyNewly minted Republican Sen. JD Vance of Ohio won't just be replacing retiring Sen. He'll be joining the cadre of right-leaning actors, singers, and reality TV personalities who traded on their celebrity to secure a spot on Capitol Hill. Here are five other cultural figures, listed by when they joined Congress, who beat Vance to the punch of becoming Republican lawmakers.
AP Photo/Andrew HarnikGeorgia2012 margin: Romney +7.8%2016 margin: Trump +5.1%2020 margin: Biden +0.2%For decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won the state by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. AP Photo/Matt RourkePennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%Biden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. AP Photo/Andy Manis, FileWisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%2020 margin: Biden +0.6%Wisconsin is one of the most politically-divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.
PwC's US chair, Tim Ryan, said leading through change was the toughest challenge for CEOs. Ryan said the "war for talent isn't going away" and urged leaders to focus on the future. "What every company is trying to do is to get their people to do things differently," Ryan told Insider. Did all the things work the way they're supposed to?" Several companies have brought back CEOs to lead through turmoil because there's a "desperate need to reframe management," Ryan said.
For the past three cycles, chair of the Democratic Congressional Campaign Committee, a leadership post, had been elected by rank-and-file Democrats. But members recently voted to reinstate a rule that gives the party’s leader the power to select the chair, putting the decision in Jeffries’ hands. House Republicans last month elected Richard Hudson of North Carolina as their campaign chief for the 2024 cycle. We went 35-4 in the front-line races.”But several Democrats think a different approach is needed, and they are urging Jeffries to look outside the Democratic Caucus. “It should be someone who can really campaign well, who is familiar with the process and dynamics of the House.
The Republican Party will end the once promising 2022 cycle having failed to reach many of its goals. This is not how the Republican Party envisioned 2022. In particular, many GOP candidates, including Walker, continue to underperform in fastly growing suburbs. It's all about the candidatesGeorgia Republican Senate nominee Herschel Walker speaks with supporters during a campaign rally in Milton, Ga., on November 21, 2022. While several Republican hopefuls have illustrated that suburban voters are not unreachable, Trump-backed hopefuls have routinely struggled.
Republican leader Kevin McCarthy is struggling to secure the 218 votes he needs to be elected speaker of the House in January. In this game of chicken, if the conservatives don’t blink and McCarthy refuses to back down, it could result in a chaotic floor fight with House members taking multiple votes for speaker — something that has not happened in a century. The House was called to order at noon and the chamber moved to the first order of business: electing the speaker. The House held three more unsuccessful votes for speaker that day before adjourning just after 2 p.m. The date was Feb. 2, 1856, two months after the first speaker vote.
Speaking to reporters this week, Brown reaffirmed that he intends to seek a fourth term. Jai Chabria, Vance’s chief campaign strategist, said he expects the “floodgates to open” with candidates eager to take on Brown. Dolan’s pitch to county chairs this week leaned into frustrations that Republicans have vented toward Trump after disappointing midterm results. For Brown, this year’s midterm elections in Ohio have yielded a more unpleasant set of questions than the last. “He is a different beast than Tim Ryan, because Tim Ryan was a Xerox of a Xerox of Sherrod Brown,” Chabria said.
Donald Trump announced on Tuesday that he's running for president again in 2024. Trump's 2024 campaign comes as he faces escalating federal and state criminal investigations. Trump cast himself as the lone panacea to a long list of ills on a "quest to save our country." Supporters wait for the arrival of former President Donald Trump during an event at his Mar-a-Lago resort on November 15, 2022 in Palm Beach, Florida. Grover Cleveland, of the National Democratic Party, was the only president to serve two non-consecutive terms in the White House.
Vance has come to the defense of former President Donald Trump. Vance, the Republican senator-elect from Ohio, defended Donald Trump for the GOP party's losses in the 2022 midterm elections as critics place the blame largely on the former president. Vance was one of the many Republican candidates endorsed by Trump, who also quipped that Vance was "kissing my ass" for support. Vance declared that the Republican Party "more than ever" needs Trump who is expected to launch a 2024 presidential run on Tuesday. "Our party has one major asset, contra conventional wisdom, to rally these voters: President Donald Trump," the senator-elect said.
Peter Thiel, president and founder of Clarium Capital Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, on Thursday, April 7, 2022. Billionaire and Republican megadonor Peter Thiel's $32 million investment in the 2022 midterm elections saw mixed results, as two of his former employees split U.S. Senate races that will help to decide control of the chamber. Thiel instead opted to pile more money into Republican Blake Masters' bid to unseat Democratic Sen. Mark Kelly in Arizona. Thiel jolted Masters' Senate bid early on with a $15 million donation to a pro-Masters super PAC during Arizona's primary election, according to Federal Election Commission records. Records show that Thiel contributed similar amounts to Republican Reps. Mike McCaul, Chris Stewart, Michael Waltz, Tom Cole and Mario Diaz-Balart.
Talent and Leadership
  + stars: | 2022-11-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTalent and LeadershipPwC US Chairman Tim Ryan is someone who spends a great deal of his time thinking about how we work today–from the importance of building diverse, inclusive teams to leadership to how companies can meet employees where they are to reduce churn and retain top talent. In this interview, we'll dig deep on some of the top issues facing employers today and get his insights on how you can navigate the current climate to build for success.
GOP Rep. Liz Cheney is a fierce critic of former President Donald Trump. On Thursday she said the 2022 midterm elections marked a "victory for team normal," reports said. Cheney endorsed three Democrats in the midterm elections, two of whom won. "Well, I think that it was a clear victory for team normal," Cheney said. "We believe in standing up for the Constitution, and for the Republic and a real rejection of the toxicity, and the hate, and vitriol, and of Donald Trump."
WASHINGTON — The losers of this year’s midterm elections are winning praise for doing something that would be entirely unremarkable in another era — admitting defeat. Of course, dozens of Republican candidates who questioned the legitimacy of President Joe Biden’s election won on Tuesday and will end up in Congress, including Ohio’s J.D. This year, Trump helped Cox defeat a well-connected moderate in the GOP primary to run for governor of Maryland. “I will pray for them and their new role for all of us.”Most losing Republican candidates followed scripts more like Cox’s than Trump’s. Michigan gubernatorial candidate Tudor Dixon initially said Tuesday night that she wanted to see more results before admitting defeat.
As the political world settled in for a long wait to know who will control Congress, Republicans began finger-pointing Wednesday about whether former President Donald Trump was to blame for their lackluster election night. The Georgia Senate race is headed to a December runoff, NBC News projects, making it increasingly likely control of the upper chamber won't be decided until then. "Now that it’s obvious the @gop should expel the Trump family from its future lexicon," Trump critic and Republican Rep. Adam Kinzinger of Illinois tweeted Wednesday morning. Vance at an Ohio Republican Party election night watch party in Columbus on Tuesday. Will Hurd, a former Republican congressman from Texas, tweeted of the election results, "It’s the candidates, stupid."
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