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☆ Billionaire Ken Griffin says good programmers' days are numbered. Here's what will make a coder stand out.
▼ + stars: | 2023-06-08 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Ken Griffin spoke to the newest class of Citadel interns at the Four Seasons on Tuesday. The CEO said generative AI is changing the game and it's harder than ever to stand out as a programmer. Billionaire Citadel founder Ken Griffin says the days of the good programmer are numbered, and generative AI is the reason why. "Programming is going to be a big target for generative AI," Griffin said, according to people who heard him speak. The days of 'I'm a good programmer' are becoming numbered."

Persons: Ken Griffin, Griffin Organizations: Citadel, Citadel . Billionaire Citadel, CNBC, Citadel Securities, NASA, US Army Locations: Fort Lauderdale, Wall

☆ Don't bank on AI predicting the stock market anytime soon
▼ + stars: | 2023-06-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +2 min

But for those on Wall Street, one question of AI reigns supreme. At least, that's according to Wall Street vet Marty Chavez. "There's a really profound technical reason why the AIs, I think, are not going to predict the stock market," said Chavez while speaking at the Bloomberg Invest conference in New York. But cats are not the same as the stock market (in case you were unaware). "The stock market is notoriously not a stable distribution."

Persons: Marty Chavez, Chavez, who's, Goldman Sachs, didn't, we've, —, you've Organizations: Wall, Sixth, AIs, Bloomberg Invest Locations: New York

☆ Analysis: Trauma of Japan's deflation battle keeps BOJ wary of policy shift
▼ + stars: | 2023-06-08 | by ( Leika Kihara | ) www.reuters.com time to read: +5 min

Having taken part in Japan's battle with deflation as BOJ board member from 1998 to 2005, Ueda knows all too well the danger of a premature exit from ultra-loose policy. Wary of a wobbly recovery, he opposed the BOJ's decision in 2000 to raise short-term rates to 0.25% from zero. On the surface, conditions for phasing out a portion of the BOJ's massive stimulus appear to be falling in shape. To be sure, Ueda has left scope to tweak YCC in case inflation continues to overshoot the BOJ's forecasts. In a group interview last month, Ueda said the BOJ could tweak YCC "if the balance between the benefit and cost of our policy shifts."

Persons: Ueda, Kazuo Ueda, Haruhiko Kuroda, Leika Kihara, Sam Holmes Organizations: REUTERS, Bank of Japan, Companies, Thomson Locations: Japan, Tokyo, TOKYO, U.S, China

☆ Microsoft, Google strategy to test AI search ads irks some brands
▼ + stars: | 2023-06-08 | by ( Sheila Dang | ) www.reuters.com time to read: +6 min

[1/2] Google, Microsoft and Alphabet logos and AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. Microsoft is testing ads in the Bing AI chatbot, which began rolling out to users in February, by relocating some traditional search ads and inserting them into the AI responses, the company said. In a May interview, Google’s general manager of ads, Jerry Dischler, said the tech company would also use existing search ads to experiment with ad placements within the AI search snapshots, an early-test feature called Search Generative Experience that first became available last month. Microsoft and Google said existing guard rails on their search engines, including lists of blocked keywords to prevent ads from appearing on those queries, would also apply to their AI search features. Three ad buyers said they were concerned about Microsoft’s lack of transparency reporting, or reports that can show what search terms triggered a brand’s ads to appear in generative AI experiences, or how the ads performed versus traditional search ads.

Persons: Dado Ruvic, Google’s, Jerry Dischler, Jason Lee, Wells, Wells Fargo, Lynne Kjolso, Bing, ”, Samantha Aiken, Max, can’t, Kjolso, Sheila Dang, Kenneth Li, Matthew Lewis Organizations: Google, Microsoft, REUTERS, Reuters, MAGNA, Bing, Horizon Media, Thomson Locations: Anthropic, Corona, Wells Fargo, Dallas

☆ The US government just declared war on crypto
▼ + stars: | 2023-06-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In less than 24 hours, the SEC filed lawsuits against some of the biggest players in crypto. First came Binance, the world's largest crypto exchange, and its outspoken CEO and founder Changpeng Zhao. The SEC drew a line in the sand for the entire crypto ecosystem: It's our way or the highway. Too many things that make crypto special — anonymity, decentralization — are exactly the type of things financial regulators hate. Here are two experts both issuing warnings about the stock market.

Persons: Dan DeFrancesco, we've, Al Pacino, Michael Corleone, Changpeng Zhao, bitcoin, it's, Gary Gensler, Goldman Sachs, Gensler, FTX's Sam Bankman, Fried, Binance, Kim Kardashian, Mike Coppola, Kim K, It's, Hafize Gaye Erkan, she's, Serta Simmons, LIV Golf, Michael Klein, Jeffrey Cane, Nathan Rennolds Organizations: Paramount, SEC, Netflix, Getty, SKKY Partners, First, Goldman, Party, PGA, LIV, LinkedIn Locations: outflows, First Republic, Republic, California, New York, London

Amazon remains dominant in e-commerce and cloud computing with Amazon Web Services. "But what we've seen recently is a company simply pursuing too many ideas, with weaker ideas taking away the oxygen, capital, and most importantly focus from the truly disruptive initiatives that 'only Amazon can do.'" Amazon shares are up 50% year to date, but they've underperformed top peers by about 52% over a five-year period, he said. Amazon should "divest, seek outside funding, or trim spend" in health care and its nascent low Earth orbit satellite venture, called Project Kuiper, Shmulik wrote. He pointed to Amazon's multiyear effort to break into health care, before abandoning efforts like its Care telehealth service, Halo health and fitness band, and a joint health-care venture called Haven.

Persons: Bernstein, Andy Jassy, Mark Shmulik, —, Google —, Shmulik, Jeff Bezos, Jassy, Bezos, irrelevance Organizations: Amazon Web, Microsoft, Google, Amazon Locations: New York, Haven

☆ CNBC Daily Open: New highs for the S&P and Nasdaq
▼ + stars: | 2023-06-07 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Knife River Corporation CFO Nathan Ring, rings the bell on the floor of the New York Stock on June 01, 2023 in New York City. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Despite stumbles in some big-name stocks yesterday, markets managed to climb as the uncertainty of previous weeks dissipated. Apple shares dipped 0.2% as investors digested information on the technology giant's new mixed-reality headset.

Persons: Nathan Ring, Goldman Sachs, Samik Chatterjee, Coinbase, weren't fazed, — Organizations: New York Stock, CNBC, Apple, Worldwide Developers, JPMorgan, Boeing, BMO Capital Markets, Nasdaq, Dow Jones, Fed Locations: New York City

☆ CNBC Daily Open: Troubled economies, calm markets
▼ + stars: | 2023-06-07 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Despite stumbles in some big-name stocks yesterday, U.S. markets managed to climb as the uncertainty of previous weeks dissipated. Apple shares dipped 0.2% as investors digested information on the technology giant's new mixed reality headset. The CBOE Volatility Index, a measure of investors' 30-day expectations and typically seen as Wall Street's fear gauge, dropped to 13.96 yesterday.

Persons: Goldman Sachs, Samik Chatterjee, Coinbase, weren't fazed, —, That's Organizations: CNBC, Apple, Worldwide Developers, JPMorgan, Boeing, BMO Capital Markets, Nasdaq, Dow Jones, Fed Locations: Lianyungang Port, East China's Jiangsu, U.S

☆ North American lobster industry confronts 'ropeless' traps after whale entanglements
▼ + stars: | 2023-06-07 | by ( Lauren Owens Lambert | ) www.reuters.com time to read: +7 min

That is a large number, given there are fewer than 350 North Atlantic Right Whales remaining, including just 70 breeding females, say regulators, researchers and conservationists. North Atlantic Right Whales who live off the eastern North American coast stretching from Florida to the Canadian Maritimes provinces are now on the verge of extinction. Traditional lobster fishing uses traps that sink to the ocean floor and are connected by a rope to a buoy floating at the surface. Ropeless gear, by contrast, only deploys a rope and buoy to the surface when its owner activates a release trigger by remote control. When the 2,100 square-kilometer zones are shut, only harvesters with ropeless gear are allowed to fish there, Gilchrist said.

Persons: Matt Weber, lobsterman, Lauren Owens Lambert, ”, Charles Mayo, Rob Morris, “ We’re, Edgetech, lobsterman Kyle Murdock, Weber, Brett Gilchrist, Gilchrist, “, Michael Moore, Lawrence, Richard Valdmanis, Deepa Babington Organizations: REUTERS, Seafood Watch, Atlantic, U.S ., Atlantic Right Whales, National Oceanographic, Atmospheric Administration, Whales, Canadian, Center for Coastal Studies, NOAA, Canada’s Fisheries, Reuters, Fisheries, Oceans, Oceanographic, Thomson Locations: Monhegan, Maine, U.S, MONHEGAN, Monterey, U.S . East Coast, North Carolina, Florida, Cape Cod , Massachusetts, ” Washington, Ottawa, England, Massachusetts, Canada’s Gulf, St, Lawrence, Fundy, Oceans Canada, Gulf

☆ New Homo Naledi Cave Discoveries Upend What We Know About Being Human
▼ + stars: | 2023-06-05 | by ( Aylin Woodward | ) www.wsj.com time to read: 1 min

Researchers inside a cave system known as Rising Star, located near modern-day Johannesburg. Photo: Mathabela TsikoaneDiscoveries from a subterranean cave system in South Africa are prompting paleoanthropologists to rethink what makes us human. New findings reveal a small-brained human relative known as Homo naledi buried its dead and carved symbols on walls inside the system. Both these behaviors were previously associated with our species or the big-brained Neanderthals with which we interbred.

Persons: paleoanthropologists, naledi Locations: Johannesburg, South Africa

☆ Europe's insurance tech startups raised $2.2 billion in 2022. Here's 19 of the burgeoning sector's hottest companies to watch this year, according to VCs.
▼ + stars: | 2023-06-05 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Insurance tech in Europe had its second-best-ever year in 2022, raising $2.2 billion, per Dealroom. The age-old insurance industry has long been battling upstarts promising to upend the sector. The first wave of insurance tech startups birthed a bevy of now-public companies like Lemonade, Metromile, Hippo, and Root, many of whom are now struggling to justify valuations in the wake of creeping losses. Insider asked Europe's venture capitalists to pick out some of the insurance tech startups they expected to thrive in 2023. Here are 19 European insurance tech startups to watch in 2023:This article was originally published on May 23 and most recently updated on June 5.

Persons: upstarts, Root Organizations: Insurance, Venture Locations: Europe

☆ Nikki Haley town hall: What to watch for
▼ + stars: | 2023-06-04 | by ( Gregory Krieg | ) edition.cnn.com time to read: +8 min

Nikki Haley entered the Republican primary in February with a call for “generational change.” But her message has largely been drowned out by former President Donald Trump and Florida Gov. Here are four things to watch for:What kind of abortion law does Haley want? We’re not even close to that on the Republican or Democratic side,” Haley recently told CBS News. “Why try and divide people further?”During her time as governor of the Palmetto State, Haley signed a 20-week abortion ban. Late last month, Republican Gov.

Persons: Nikki Haley, Donald Trump, Ron DeSantis, Haley, upend Trump, Joe Biden, Haley’s, Trump, Mike Pence, Chris Christie, I’m, We’re, ” Haley, Henry McMaster, Marjorie Dannenfelser, Susan B, Anthony Pro, ” Dannenfelser, “, Biden, ”, DeSantis, Vladimir Putin’s, MAGA, –, influencer Dylan Mulvaney, Bud Light, Mulvaney, Will Haley Organizations: CNN, Former South Carolina Gov, Republican, Florida Gov, Trump, Republican Party, United Nations, New, New Jersey Gov, Democratic, CBS News, Palmetto State, Republican Gov, America, Confederate, Capitol, Conservative Political, Conference, Social Security, GOP, Medicare, Fox News Locations: Iowa, New Jersey, Washington, Ukraine, Vladimir Putin’s Russia, South Carolina

☆ Opinion | States Are Stifling the Voices of Cities and Their Voters
▼ + stars: | 2023-06-03 | by ( The Editorial Board | ) www.nytimes.com time to read: +4 min

By reducing the right of localities to make their own decisions, Texas has joined dozens of other states that have asserted their dominance over cities in recent years through a practice known as state pre-emption. One watchdog group has counted more than 650 pre-emption bills in state legislatures this year; the large majority have been introduced by Republican lawmakers to curb policymaking in cities run by Democrats. But conservatives used to champion ideas like local autonomy, devolution and even block grants as a way of weakening centralized control. What’s now become clear is that Republicans dislike local control if they are not in charge of it. Restricting these ballot measures is fundamentally about depriving voters of a way to put a check on legislators, regardless of ideology.

Persons: It’s, What’s, ”, Clarence Anthony, we’ve, that’s, MAGA Organizations: Republican, Republicans, Democrats, National League of Cities, “, Florida Legislature, Nashville Metro Council, Republican Party Locations: Texas, South Bay, Fla, Florida, Tennessee, Nashville, In Ohio, Arkansas, Kansas, Kentucky

☆ Watch: Senate Passes Bill to Suspend the Debt Ceiling, Avoid Default
▼ + stars: | 2023-06-02 | by ( ) www.wsj.com time to read: 1 min

Big Tech Relies on Outsourcing. Facebook content moderators hired by a third-party contractor in Kenya are suing over working conditions. The contractor involved denies the allegations and Facebook parent Meta is arguing it shouldn’t be involved in the lawsuit. The outcome of this case and two others could have a profound impact on big tech and the industry’s outsourced workforce. WSJ South Africa-based business reporter Alexandra Wexler joins host Zoe Thomas to explain.

Persons: shouldn’t, Alexandra Wexler, Zoe Thomas, Daniel Irungu Organizations: Tech, Facebook, Meta, WSJ Locations: Africa, Kenya

☆ Satellite Images Reveal Russian Defenses for Ukraine Counteroffensive
▼ + stars: | 2023-06-02 | by ( ) www.wsj.com time to read: 1 min

Persons: shouldn’t, Alexandra Wexler, Zoe Thomas, Daniel Irungu Organizations: Tech, Facebook, Meta, WSJ Locations: Africa, Kenya

☆ NATO Turkey: Alliance is in a race against time to save itself from a major embarrassment
▼ + stars: | 2023-06-01 | by ( Luke Mcgee | ) edition.cnn.com time to read: +8 min

CNN —NATO officials are in a race against time to avoid the embarrassment of seeing the alliance miss its own stated aim of admitting Sweden to the alliance by July 11. Sweden has a permanent delegation at NATO and is considered a close partner to the alliance, meaning joining should be relatively straightforward. The second is that Turkey isn’t the only fly in the ointment: Hungary also objects to Sweden joining NATO. Sweden joining NATO would be the latest in a long list of good news stories for the alliance since Russia invaded Ukraine. That’s precisely why officials are so concerned about Turkey vetoing Sweden’s accession on NATO’s own timetable.

Persons: it’s, Recep Tayyip Erdogan’s, Christine Olsson, Erdogan, Putin’s, Putin, ”, “ Erdogan, Yves Herman, –, Emmanuel Macron, Turkey vetoing Organizations: CNN, NATO, Russia, Kurdistan Workers ’ Party, Turkish, Reuters, TT, Agency, AFP, Sweden –, European Union, Diplomats, US, EU Locations: Sweden, Finland, Ukraine, Russia, Turkey, East, Europe, Ankara, Turkish, Stockholm, Lithuanian, Vilnius –, Atlantic, North Korea, China, ”, Eastern European, Brussels, Hungary, United States, United Kingdom, Asia

☆ Watch: Biden Falls at U.S. Air Force Academy Commencement
▼ + stars: | 2023-06-01 | by ( ) www.wsj.com time to read: 1 min

Persons: shouldn’t, Alexandra Wexler, Zoe Thomas, Daniel Irungu Organizations: Tech, Facebook, Meta, WSJ Locations: Africa, Kenya

☆ Firms are bringing production back home because of the Ukraine war, China's slowdown — and TikTok
▼ + stars: | 2023-06-01 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

Earnings calls discuss 'reshoring'A number of banks noted mentions of the domestic manufacturing trend in U.S. earnings calls for the most recent quarter. And we have never … got the target right," McRaith told an audience at a supply chain conference organized by software company o9 Solutions in April. Bill McRaith Former chief supply chain officer, PVHMcRaith, a former chief supply chain officer at Tommy Hilfiger-owner PVH , said the apparel industry both over-orders and under-orders stock by about 20% to 25%. If we build an economy based on electrification and batteries, it's going to be really important to control our own supply chain. "If we build an economy based on electrification and batteries, it's going to be really important to control our own supply chain," he told CNBC's "Street Signs Asia" in April.

Persons: Luke Sharrett, Savita Subramanian, Ryan Grabinski, they're, Bill McRaith, McRaith, PVH, Tommy Hilfiger, we've, Shein, Jade Gao, it's, Keith Phillips, Joe Biden, CNBC's, Elon Musk, Phillips Organizations: European Union, Bloomberg, Getty, Bank of America, UBS, Securities, o9 Solutions, CNBC, AFP, U.S ., Reshoring, EV, U.S, EVs Locations: China, Ukraine, U.S, Europe, Brazil, Guangzhou, U.S . U.S, Corpus Christi , Texas, Tennessee, United States

☆ 10 Things in Tech: Mark Zuckerberg and Jeff Bezos are ripped, tech workers work less than 4 hours per day, and tech's Texas real-estate invasion
▼ + stars: | 2023-05-31 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

OpenAI, the company that created the chatbot, won't share the books it used to train ChatGPT. But a group of researchers discovered a method of quizzing the chatbot to figure out which books it has read. Many tech workers are only productive for four hours per day. In an anonymous poll, nearly 45% of tech workers said they spent four hours (or less) on "focused work." Only around 25% said they worked eight or more hours per day.

Persons: I'm, Siu, Hannah Towey, Robyn Phelps, Moby Dick, Harry Potter, Sherlock Holmes, Adam, Matthew Busch, Mark Zuckerberg, Jeff Bezos, Zuck, Bezos, Peek, Austin Evans, Evans, Mercedes, Diamond Naga Siu, Alistair Barr, Nathan Rennolds Organizations: American, Pacific Islander Heritage, Ikea, The Washington, Getty, NASA, US Air Force, Pacific Command, Pentagon Locations: Sweden, California, Swedish, EVs, . Texas, scrawny, San Diego, San Francisco, London

☆ Wall Street: All aboard the Goldman jet
▼ + stars: | 2023-05-29 | by ( Lisa Ryan | ) www.businessinsider.com time to read: +3 min

Today's a doubleheader of a holiday — Memorial Day in the US and the spring bank holiday in the UK. Because who doesn't want to dive into the inner workings of Wall Street on a holiday? Prestigious Wall Street banks are ditching marijuana testing for job seekers. ChatGPT could upend jobs across Wall Street. The Rainmakers: Top investment banks still pushed blockbuster deals over the line in what was a tough year for M&A.

☆ Behind the Scenes: Midnight Calls and Marathon Meetings, Night After Night
▼ + stars: | 2023-05-26 | by ( Katie Rogers | Luke Broadwater | ) www.nytimes.com time to read: +1 min

On Capitol Hill, the delicate talks to avert default on the government’s debts this week took place over middle-of-the-night video calls, marathon meetings in an opulent conference room, and at least one early morning bike ride. At the White House, evening tour groups were diverted from the West Wing because President Biden was in the Oval Office with his chief of staff and other advisers, who needed his quick feedback. But all of the talking has so far failed to produce a deal to raise the country’s debt limit, raising fears of a potentially catastrophic default that could upend financial markets, spike interest rates and end in a downgrade of the nation’s credit. The negotiators got a bit of breathing room on Friday afternoon, when Treasury Secretary Janet L. Yellen said the United States could run out of money to pay its bills on time by June 5 — a slight extension from the previous forecast of as early as June 1.

☆ Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer
▼ + stars: | 2023-05-25 | by ( Elaine Glusac | The New York Times | ) www.nytimes.com time to read: +27 min

Illustration by Yukai Du Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer With the travel season in full swing, we compiled a guide to help you navigate the year’s most hectic time in the skies. If you don’t care which beach, shop around.” If you haven’t booked summer flights, do it now. For one, avoiding the airports with the highest levels of delays and cancellations last summer may be a good idea. They’re also getting longer inside airport lounges, longtime havens from the masses clogging the terminals at peak times. Standard membership in Priority Pass, a network of 1,300 airport lounges, starts at $99 a year, with each visit costing $35 at that level.

Persons: Yukai Du, we’ve, haven’t, Hopper, What’s, ”, Laura Lindsay, Ted Rossman, Priceline, Mr, Rossman, Charlotte Douglas, Toronto Pearson, it’s, “, Carter Langston, Rhonda Lawson, C.B.P, you’ve, you’re, You’ll, Lawson, Emmanuel Macron, Tomasz Pawliszyn, Jamie Larounis, Larounis, they’re, SITA —, They’re, Eric Goldmann of Atlanta Organizations: Bureau of Labor Statistics, Google, Miami, JetBlue, Heathrow Airport, Amsterdam Schiphol, Gatwick, Air Canada, Labor, Newark Liberty International, La Guardia Airport, Kennedy Airport, Reagan, Miami International, Orlando International, Boston Logan International, Charlotte Douglas International, Toronto Pearson, Federal Aviation Administration, Washington , D.C, Customs, Western, Gulf, Phoenix, Transportation Security Administration, Global, Border Protection, Clear, PreCheck, Heathrow, Air, SNCF, U.S . State Department, Smart, Union, Travelers, New Tech, Airlines, Lufthansa, Siemens, Alaska Airlines, KLM, U.S . Bureau of Transportation Statistics, Apple, The Department of Transportation, American, Venture, Dallas Fort Worth International, JPMorgan Chase, Club, Chase Sapphire Reserve, Americas Locations: Europe, United States, Asia, San Francisco, Jacksonville, Fla, Miami, London, Amsterdam, U.S, La, New York, Washington, Charlotte, N.C, Newark, Orlando, Toronto, Sydney, Jakarta, Frankfurt, Munich, Heathrow, Washington ,, States, Denver, Seattle, Reno, Nev, Gulf Coast, Atlantic, Houston , New Orleans, Atlanta, Luton, T.S.A, ’, noncitizens, France, Britain, Italy, Germany, Berlin, Dutch, Swiss, Delta, United, Hong Kong, Dallas, Boston, North, Central, South America, Dallas , Newark

☆ Who's going to work on all these AI projects at the big banks?
▼ + stars: | 2023-05-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Everyone seems to agree that artificial intelligence is going to upend Wall Street. Insider's Paige Hagy and Bianca Chan have a fascinating story on how AI talent doesn't seem to be sticking around at big banks. What's even more foreboding is that AI talent isn't leaving for other banks. But struggling to hold on to AI talent seems especially concerning when one considers what's at stake — like, uh, humanity — and the speed at which it'll happen. Here are the three reasons banks can't seem to hold on to AI talent.

☆ Supply chain scrutiny may upend EU solar ambitions
▼ + stars: | 2023-05-23 | by ( Lisa Jucca | ) www.reuters.com time to read: +5 min

Western nations are rushing to install more solar panels to reduce their dependency on polluting fossil fuels like gas and oil. Yet a rising legislative tide aimed at ensuring companies’ supply chains are free from forced labour and other abuses presents a mounting challenge for Western utilities. Bernreuter estimates that non-Chinese solar-grade polysilicon is enough to produce 40 gigawatts of solar panels per year. Banned materials include polysilicon, an ultra-pure form of silicon, that is the key raw material used to make solar panels. The European Commission published in February 2022 a draft proposal aimed at forcing companies to better police their global supply chains.

CNN —South Carolina Sen. Tim Scott on Monday will formally enter the Republican presidential primary as he seeks to upend a contest that has so far been dominated by coverage of former President Donald Trump and Florida Gov. The most prominent Black figure in the Republican Party, Scott will address supporters at his alma mater, Charleston Southern University, in his hometown of North Charleston. In 2010, he became the first Black Republican elected to the US House of Representatives from South Carolina in more than a century. Years later, after being appointed to his Senate seat (he won a special election to retain the seat), Scott made history as the first Black US Senator from his native South Carolina. “We know how dangerous Tea Party extremist Tim Scott is,” South Carolina Democratic Party chair Christale Spain said in a statement.

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