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It also paves the way for Biden and Vice President-elect Kamala Harris to receive regular national security briefings that Trump also gets. The Biden transition team said meetings would begin with federal officials on Washington’s response to the coronavirus pandemic, along with discussions of national security issues. Slideshow ( 7 images )Two Trump administration officials said the Biden agency review teams could begin interacting with Trump agency officials as soon as Tuesday. “This is probably the closest thing to a concession that President Trump could issue,” said Senate Democratic leader Chuck Schumer. He named Jake Sullivan as his national security adviser and Linda Thomas-Greenfield as U.S. ambassador to the United Nations.
Persons: Donald Trump’s, Joe Biden, Trump, Biden’s, Biden, Antony Blinken, Emily Murphy, Kamala Harris, Murphy, Emily, ” Trump, , Chuck Schumer, Don Beyer, Jake Sullivan, Linda Thomas, John Kerry, Janet Yellen, Alejandro Mayorkas Organizations: White, Trump, Republican, Democratic, State Department, General Services Administration, GSA, Michigan, Twitter, Biden, Obama, Commerce Department, Democrats, Republicans, United Nations, Treasury, Department of Homeland Security Locations: WASHINGTON, WILMINGTON, Del, Trump, Michigan’s, Greenfield, U.S
After weeks of delay, the head of the General Services Administration informed President-elect Joe Biden on Monday that the official governmental transition process has been approved. In her letter, Murphy also denied that she had been under pressure from the White House to delay the process. Read Murphy's full letter here:The Biden campaign celebrated the news in a statement. "Today’s decision is a needed step to begin tackling the challenges facing our nation, including getting the pandemic under control and our economy back on track," Biden transition adviser Yohannes Abraham said. "This final decision is a definitive administrative action to formally begin the transition process with federal agencies.
Persons: Joe Biden, Emily Murphy, Biden, Murphy, Trump, Emily, , — Donald J, Read, Yohannes Abraham said Organizations: General Services Administration, GSA, House, White House, Trump
Stocks set for higher open as Trump administration begins transition
  + stars: | 2020-11-24 | by ( ) www.cnbc.com sentiment -0.56   time to read: 1 min
Stocks set for higher open as Trump administration begins transitionU.S. stock futures climbed early Tuesday in relief over the Trump administration's move to begin the transition process. CNBC's Brian Sullivan reports.
Persons: CNBC's Brian Sullivan Organizations: Trump
GM Stops Backing Trump Administration in Emissions Fight With California
  + stars: | 2020-11-23 | by ( Mike Colias | ) www.wsj.com sentiment -0.99   time to read: 1 min
General Motors Co. will no longer back the Trump administration in its legal battle to strip California’s authority to set its own fuel-efficiency regulations, saying GM’s goals for green cars are aligned with the state and the new Biden administration.
Persons: Trump, Biden Organizations: Motors Co
The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military ties, restricting them from buying a range of U.S. goods and technology, according to a draft copy of the list seen by Reuters. Ten days ago, he unveiled an executive order prohibiting U.S. investments in Chinese companies that Washington says are owned or controlled by the Chinese military. The pending list comes after the Commerce Department expanded the definition of "military end user" in April. Besides the 89 Chinese listings, the draft rule also designates 28 Russian entities, including Irkut, which is also aiming to break into Boeing's market with its MC-21 jetliner development. The 117-company list is "not exhaustive," the draft rule said, and is considered an "initial tranche."
Persons: Trump, Donald Trump, Kevin Wolf, Wolf Organizations: Reuters, U.S . Department of Commerce, Commercial Aircraft Corp of China, Boeing, Airbus, Aviation Industry Corporation of China, U.S, China, Commerce Department, police, Commerce, Federal Register, General Electric, Honeywell International, AVIC, GE, Honeywell Locations: Beijing, U.S, China, Washington
Moncef Slaoui, the head of Operation Warp Speed, said Sunday he has been told not to share any confidential information about the COVID-19 vaccine program with President-elect Joe Biden's team. Slaoui said he would be "happy" to work with the new administration on Operation Warp Speed, which is bankrolling vaccine efforts. Moncef Slaoui, the chief scientific adviser to the Trump's administration COVID-19 vaccine effort, Operation Warp Speed, has said he is not allowed to share any confidential information about the program with President-elect Joe Biden. Operation Warp Speed hopes to help drug companies deliver 300 million coronavirus shots by January 2020. Insiders reveal the future of Operation Warp Speed minus Trump.
Persons: Moncef Slaoui, Joe Biden's, that's, Slaoui, Joe Biden, he'd, Biden, Donald Trump, BioNTech, Read Organizations: NBC's, Press, ABC, Biden, NBC, Pfizer, Food and Drug Administration, Trump, Moderna, New York Times, University of Oxford, AstraZeneca Locations: United States
General Services Administration chief Emily Murphy on Monday told President-elect Joe Biden that the Trump administration is making federal resources available for his transition into office. The letter marks one of the first clear indications of the Trump administration acknowledging defeat in the 2020 election. Murphy said in her letter to Biden that her decision frees up more than $7 million in federal funding for his transition. After withholding those funds for weeks after news outlets projected Biden would beat Trump, the low-profile agency was suddenly thrust into the spotlight. CNN first reported the GSA letter to the president-elect.
Persons: Joe Biden, Emily Murphy, Trump, Murphy, Donald Trump, Biden, Rudy Giuliani, , Emily, Read Organizations: Trump, General Services Administration, Monday, Electoral, New York, Biden, GSA, House Democratic, White House, CNN Locations: Wilmington , Delaware, Pennsylvania, Georgia, Michigan
Stock futures rose in overnight trading on Monday following a strong session on Wall Street boosted by positive vaccine news. Futures on the Dow Jones Industrial Average gained 160 points. S&P 500 futures rose 0.4% and Nasdaq 100 futures climbed 0.3%. The move higher in futures came after General Services Administration chief Emily Murphy told President-elect Joe Biden that the Trump administration is making federal resources available for his transition into office. The Dow rose more than 300 points for its best day in a week, while the S&P 500 climbed 0.6%.
Persons: Emily Murphy, Joe Biden, Trump, Stocks, Dow, Russell, Janet Yellen, Biden, Ed Mills, Raymond James, Goldman Sachs Organizations: New York Stock Exchange, Stock, Wall, Dow Jones Industrial, Nasdaq, General Services Administration, Biden, Investors, AstraZeneca, Pfizer, BioNTech, Moderna, JPMorgan, CNBC, Johns Hopkins University, Dick's Sporting Goods, CNBC PRO Locations: Washington, U.S, Nordstrom
The Trump administration allows President-elect Biden's transition to begin after weeks of denialCNBC's Kayla Tausche reports the General Services Administration has informed President-elect Joe Biden that the Trump administration is ready to begin the formal transition process. She joins Shep Smith for more details.
Persons: Trump, Kayla Tausche, Joe Biden, Shep Smith Organizations: General Services Administration
WASHINGTON — President Trump’s government on Monday authorized President-elect Joseph R. Biden Jr. to begin a formal transition process after Michigan certified Mr. Biden as its winner, a strong sign that the president’s last-ditch bid to overturn the results of the election was coming to an end. Mr. Trump did not concede, and vowed to persist with efforts to change the vote, which have so far proved fruitless. But the president said on Twitter on Monday night that he accepted the decision by Emily W. Murphy, the administrator of the General Services Administration, to allow a transition to proceed. Hours later, he tried to play down the significance of Ms. Murphy’s action, tweeting that it was simply “preliminarily work with the Dems” that would not stop efforts to change the election results. Still, Ms. Murphy’s designation of Mr. Biden as the apparent victor provides the incoming administration with federal funds and resources and clears the way for the president-elect’s advisers to coordinate with Trump administration officials.
Persons: Trump’s, Joseph R, Biden, Trump, Emily W, Murphy, Biden “ Organizations: WASHINGTON, Twitter, General Services Administration, Trump Locations: Michigan
President-elect Joe Biden's policy proposals aim to stamp out racism and discrimination, two issues that plague the housing industry. In addition to appraisals, Biden plans to allow the Office of Fair Lending and Equal Opportunity to enforce settlements against lenders who have discriminated against borrowers. Bring back the Fair Housing ActHe would also re-implement the Affirmatively Furthering Fair Housing (AFFH) provision of the Fair Housing Act, which was introduced by the Obama administration but then suspended by the Trump Administration in July 2020. The Fair Housing Act, according to the United States Department of Justice, protects people from being denied housing based on race or color, religion, sex, national origin, familial status, or disability. A recent Forbes article said that the dismantling of the Affirmatively Furthering Fair Housing (AFFH) provision followed criticism that there were "too many hoops to jump through in order to get funding."
Persons: Joe Biden's, He's, Joe Biden, Biden, he's, appraisers, Jefferson L, Sherman, Junia Howell, Mick Mulvaney, Obama, Solomon Greene, Forbes, Miriam Axel, Lute, Shelterforce, Natalie Campisi, Axel Organizations: Fair, Brookings Institution, Appraisal Institute, Jefferson, Trump, Financial, American Banker, Trump Administration, Housing, United States Department of Justice, Forbes, National Housing Institute, Income Housing Coalition, Local
Twitter, Facebook to hand over @POTUS account to Biden on January 20
  + stars: | 2020-11-21 | by ( Aakriti Bhalla | ) www.reuters.com sentiment -0.99   time to read: +2 min
REUTERS/Tom Brenner(Reuters) - Twitter Inc and Facebook Inc will transfer control of the @POTUS account to the Joe Biden administration on Jan. 20, the social media companies said on Saturday. The @POTUS account on both platforms is the official account of the President of the United States. It is separate from the @realDonaldTrump Twitter account and the @DonaldTrump Facebook page that U.S. President Donald Trump mostly uses to write his posts. “Twitter is actively preparing to support the transition of White House institutional Twitter accounts on January 20th, 2021. Politico reported earlier that the handover of the @POTUS Twitter handle requires no sharing of information between the outgoing Trump team and incoming Biden team.
Persons: Joe Biden, Tom Brenner, Donald Trump, , Facebook, Biden, Kamala Harris, Trump Organizations: National Governors Association, REUTERS, Twitter Inc, Facebook, Twitter, White, National Archives, Reuters, White House, Obama Administration, Trump Administration, Politico, Trump, Biden Locations: Wilmington , Delaware, U.S, United States
WASHINGTON (Reuters) - Washington is poised to designate four more Chinese companies as backed by the Chinese military, sources said, curbing their access to U.S. investors as the Trump administration seeks to cement its hawkish China legacy in its waning days. The additions would bring the number of Chinese companies affected to 35. The growing defense department list will likely add to tensions between the world’s two largest economies, which have been at loggerheads over the coronavirus and China’s crackdown on Hong Kong. Congress and the administration have sought increasingly to curb the U.S. market access of Chinese companies that do not comply with rules faced by American rivals, even if that means antagonizing Wall Street. In August, U.S. Securities and Exchange Commission and Treasury officials urged Trump to delist Chinese companies that trade on U.S. exchanges and fail to meet its auditing requirements by January 2022.
Persons: Trump, Aly, , Mike Gallagher, Biden, Joe Biden Organizations: WASHINGTON, Bund, REUTERS, Department of Defense, SZ China Telecom Corp, China, HK, Communist Chinese Military, Pentagon, People’s Liberation Army, Reuters, Chinese Communist Party, Democratic, U.S . Commerce, U.S . Securities, Exchange Commission, Treasury Locations: Washington, China, Shanghai, HK, U.S, Beijing, Hong Kong, American
Trump administration issues two rules aimed at drug prices
  + stars: | 2020-11-20 | by ( Reuters Staff | ) www.reuters.com sentiment -0.96   time to read: 1 min
U.S. President Donald Trump speaks about prescription drug prices during an appearance in the Brady Press Briefing Room at the White House in Washington, U.S., November 20, 2020. REUTERS/Carlos Barria(Reuters) - U.S. President Donald Trump on Friday said it was issuing two new rules that are aimed at lowering drug prices for the Medicare program, including one aimed at making sure pharmacy benefit managers pass after-market rebates onto seniors. The second rule is aimed at aligning the prices paid in the United States to those paid in foreign countries, he said.
Persons: Donald Trump, Carlos Barria Organizations: White, REUTERS Locations: Brady, Washington , U.S, United States
Lawyers for U.S. Homeland Security whistleblower get security clearances
  + stars: | 2020-11-20 | by ( Mark Hosenball | ) www.reuters.com sentiment -1.00   time to read: +2 min
FILE PHOTO: U.S. Department of Homeland Security emblem is pictured at the National Cybersecurity & Communications Integration Center (NCCIC) located just outside Washington in Arlington, Virginia September 24, 2010. REUTERS/Hyungwon KangWASHINGTON (Reuters) - Lawyers for a former Department of Homeland Security intelligence chief who says he was ordered to skew intelligence to support Trump Administration political messaging have been granted high-level security clearances, one of the lawyers told Reuters on Friday. DHS approval of Top Secret clearances for two lawyers for whistleblower Brian Murphy means that the lawyers should be able to access classified materials Murphy worked on when he served earlier this year as acting DHS undersecretary for intelligence and analysis, said Mark Zaid, one of Murphy’s lawyers. Zaid said DHS is still working on a Top Secret clearance for a third Murphy lawyer. The House Intelligence Committee, led by Democrat Rep. Adam Schiff, planned to conduct a closed-door deposition of Murphy in September but postponed the session while Murphy’s lawyers awaited security clearances and Murphy sought access to documents he worked on in his previous position at DHS.
Persons: Hyungwon Kang WASHINGTON, Brian Murphy, Murphy, Mark Zaid, Zaid, Donald Trump’s, Chad Wolf, , ” Wolf, Adam Schiff, Schiff, ” Zaid Organizations: . Department of Homeland, Cybersecurity, Communications Integration, REUTERS, Department of Homeland Security, Trump Administration, Reuters, DHS, House Intelligence Committee, Democrat, Spokespeople Locations: Washington, Arlington , Virginia
FILE PHOTO: Senator Lamar Alexander (R-TN), delivers a statement during a U.S. Senate Hearing at the U.S. Capitol in Washington, D.C., U.S., September 23, 2020. Alex Edelman/Pool via REUTERS/File PhotoWASHINGTON (Reuters) - Retiring Republican Senator Lamar Alexander on Friday said that the Trump administration should provide President-elect Joe Biden’s team with all materials, resources and meetings necessary for a smooth transition. “If there is any chance whatsoever that Joe Biden will be the next president, and it looks like he has a very good chance, the Trump Administration should provide the Biden team with all transition materials, resources, and meetings necessary to ensure a smooth transition so that both sides are ready on day one,” Alexander said in a statement posted on Twitter.
Persons: Lamar Alexander, Alex Edelman, Trump, Joe Biden’s, Joe Biden, ” Alexander Organizations: U.S, Capitol, Washington , D.C, WASHINGTON, Republican, Trump Administration, Biden, Twitter Locations: Washington ,
WASHINGTON — President-elect Joe Biden and Vice President-elect Kamala Harris will meet in person Friday with House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer in Wilmington, Delaware. Their meeting comes as Congress finishes up its lame-duck session and Democrats and the White House have been unable to find a compromise on another Covid-19 relief package. Biden and Harris will be working closely with both Democratic leaders in the new Congress in their efforts to pass some of the new administration's legislative proposals. Biden served with both Pelosi and Schumer in Congress and Harris has been in the Senate representing California since 2017. Biden also spent his time as vice president during the Obama administration using his experience on Capitol Hill to help negotiate legislation.
Persons: Joe Biden, Kamala Harris, Nancy Pelosi, Chuck Schumer, Biden, Harris, Pelosi, Schumer, Obama, It's, Mala Adiga, Dr, Jill Biden, Carlos Elizondo, Cathy Russell, Louisa Terrell, Legislative Affairs . Sen, Mitt Romney, Donald Trump, Sen, Lamar Alexander, Emily Murphy Organizations: WASHINGTON, Democratic, White, Office, Legislative Affairs ., Trump Administration, Biden, General Services Administration, Trump, Economic Cooperation Locations: Wilmington , Delaware, California, U.S, R, Utah, Asia
President Donald Trump's administration is ready to help distribute coronavirus vaccines across the United States should regulators grant emergency approvals, Operation Warp Speed advisor Dr. Moncef Slaoui told CNBC on Friday. Pfizer will directly ship its own vaccine, although Operation Warp Speed can provide the company logistical help, the Associated Press reported. Coronavirus vaccine or vaccines, if approved, would be limited at first. He also touted the developments around Operation Warp Speed, contending one or more safe and effective vaccines may be available "in a short period of time." However, earlier this week, Slaoui told CNBC he hopes Operation Warp Speed is able to smoothly pursue its goals despite a new administration.
Persons: Donald Trump's, Moncef Slaoui, Slaoui, BioNTech, Albert Bourla, Mike Pence, Joe Biden, Biden, Trump, We're Organizations: CNBC, Trump, Pfizer, U.S . Food, Drug Administration, Associated Press, Sky News, Health, GlaxoSmithKline, FDA, Moderna, NBC News Locations: United States, U.S, Covid, Massachusetts
“That especially should be true, for example, on vaccine distribution.”Their comments follow those of other Republicans who were more forceful in their criticism of the president on Thursday. Senator Mitt Romney of Utah said the president was trying to “subvert the will of the people,” and Gov. Any deadlock will most likely be taken to the state Court of Appeals, seeking an order to force the canvassing board to certify the election results. If the board still refuses to certify after the court order, Gov. But they also sent a message about what they stand for, at a moment when Michigan Republican officials are facing pressure from all sides on the vote count.
Persons: Joe Biden, Mr, Alexander, Mitt Romney, Larry Hogan, Maryland, Trump, Norm Shinkle, Gretchen Whitmer, Steve Liedel, Gossett, Mike Shirkey, Lee Chatfield Organizations: Trump Administration, Biden, Republican, of, Democrat, Senate, Michigan House, Michigan Republican Locations: Utah, Michigan, Lansing
Trump administration does not support lockdown, school closures: Pence
  + stars: | 2020-11-19 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: 1 min
U.S. Vice President Mike Pence leads a briefing by the White House coronavirus task force in the Brady press briefing room at the White House in Washington, U.S., November 19, 2020. REUTERS/Leah MillisWASHINGTON (Reuters) - The Trump administration does not support another lockdown or school closures to stem the spread of the deadly coronavirus, Vice President Mike Pence said on Thursday, even as infections have hit record highs in recent days in the United States. Pence made the remarks during a coronavirus task force briefing, in which he also highlighted rising positivity rates for coronavirus tests administered across the country.
Persons: Mike Pence, Brady, Leah Millis, Trump, Pence Organizations: White, REUTERS Locations: Washington , U.S, Leah Millis WASHINGTON, United States
WASHINGTON (Reuters) - Officials from President Donald Trump’s vaccine distribution effort have not briefed anyone on President-elect Joe Biden’s transition team, and have no plans to do so, a Democratic U.S. senator said after a White House call Thursday. A woman holds a small bottle labeled with a "Coronavirus COVID-19 Vaccine" sticker in this illustration taken, October 30, 2020. REUTERS/Dado Ruvic“Just off a conference call with Trump Administration vaccine distribution team,” Senator Chris Murphy said on Twitter. “They confirmed that they have not briefed anyone on President-elect Biden’s team and have no plans to do so. Asked for comment, White House spokesman Brian Morgenstern did not address whether Biden’s team would be briefed, saying vaccine distribution plans from the Centers for Disease Control and state governors were publicly available.
Persons: Donald, Joe Biden’s, Dado Ruvic “, Chris Murphy, , Biden’s, Gustave Perna, Moncef Slaoui, White, Brian Morgenstern, Slaoui, ” Morgenstern, Biden, Emily Murphy, Trump Organizations: WASHINGTON, Democratic, REUTERS, Trump Administration, Twitter, Centers for Disease Control, Trump Tuesday, General Services Administration, Biden Locations: Democratic U.S, United States, Washington
WASHINGTON (Reuters) - Officials from President Donald Trump’s vaccine distribution effort have not briefed anyone on President-elect Joe Biden’s transition team, and have no plans to do so, Democratic U.S. senators said after a White House call on Thursday. A woman holds a small bottle labeled with a "Coronavirus COVID-19 Vaccine" sticker in this illustration taken, October 30, 2020. REUTERS/Dado Ruvic“Just off a conference call with Trump Administration vaccine distribution team,” Senator Chris Murphy said on Twitter. “They confirmed that they have not briefed anyone on President-elect Biden’s team and have no plans to do so. Asked for comment, White House spokesman Brian Morgenstern did not address whether Biden’s team would be briefed, saying vaccine distribution plans from the U.S. Centers for Disease Control and Prevention and state governors were publicly available.
Persons: Donald, Joe Biden’s, Dado Ruvic “, Chris Murphy, , Biden’s, Gustave Perna, Moncef Slaoui, ” Murphy, White, Brian Morgenstern, Slaoui, ” Morgenstern, Kamala Harris, Biden, Trump, Emily Murphy Organizations: WASHINGTON, Democratic U.S, REUTERS, Trump Administration, Twitter, U.S . Centers for Disease Control, Democratic, General Services Administration, Biden Locations: United States, Washington
Trump Administration to Release New Rules Reducing Drug Costs
  + stars: | 2020-11-19 | by ( Stephanie Armour | ) www.wsj.com sentiment -0.99   time to read: +1 min
The plans, slated to be announced in the White House Rose Garden, have been a signature pledge of President Trump’s since his 2016 election campaign. Both rules are expected to be final, meaning they have completed the required public comment period and can take effect immediately. Drugmakers, pharmacy-benefit managers, and others in the pharmaceutical industry had lobbied over the two rules. Ending the rebates would save the drug companies billions of dollars they pay to the middlemen in Medicare, the federal health-insurance program for seniors and the disabled. An earlier version of the rule was withdrawn in 2019 because some White House advisers raised concerns about actuarial reports showing it could increase Medicare premiums.
Persons: Trump, Trump’s, Drugmakers Organizations: Pharmacy, Medicare Locations: U.S
Census Snags May Delay Results Beyond Trump Administration
  + stars: | 2020-11-19 | by ( Paul Overberg | ) www.wsj.com sentiment -1.00   time to read: 1 min
Snags in processing the results of the 2020 census may delay its first results long enough to prevent President Trump from carrying out his plan to exclude unauthorized immigrants from the population-based calculation that distributes seats in the House of Representatives and votes in the Electoral College. In a written statement Thursday, Census Bureau Director Steven Dillingham cited “anomalies” discovered in processing, which began after counting ended Oct. 15. “I am directing the Census Bureau to utilize all resources...
Persons: Trump, Steven Dillingham, Organizations: Electoral
senator says Trump vaccine distributions team hasn't briefed Biden Just off a conference call with Trump Administration vaccine distribution team. They confirmed that they have not briefed anyone on President-elect Biden's team and have no plans to do so. It also saw a 28 percent increase in Covid-19 cases in the last few weeks. Share this -Diversions and transfer delays plague hospitals overwhelmed by Covid-19 cases With Covid-19 cases on the rise in all 50 states, the burden on hospitals has led to an increase in diversions. Wisconsin set a new record for daily Covid-19 cases on Wednesday, counting 8,510, according to NBC News' tally.
Persons: Trump, hasn't, Biden, Biden's, Chris Murphy, Michael Murphy, Sioux Falls , South Dakota Mayor Paul TenHaken, “ We’re, TenHaken, Dr, Michelle Bache, AnnElizabeth Konkel, Ringo H.W . Chiu Organizations: Trump Administration, Navy, Sioux Falls , South Dakota Mayor, Elkhart General Hospital in, NBC News, The U.S, Department of Labor, Dodger, Motorists Locations: Sioux, Sioux Falls , South, Covid, Elkhart, Elkhart General Hospital in Indiana, Wisconsin, Mexico, New Jersey, Iowa, Minnesota, In Oklahoma, Puerto Rico, The, Los Angeles
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