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☆ Asa Hutchinson to run for president, urges Trump to drop out
▼ + stars: | 2023-04-02 | by ( Doina Chiacu | ) www.reuters.com time to read: +3 min

"I have made a decision, and my decision is I'm going to run for president of the United States," Hutchinson said. Trump remains popular among many Republicans despite becoming the first former U.S. president to be indicted on criminal charges. "I think it's a sad day for America that we have a former president that's indicted," Hutchinson said. Asked whether Trump should step aside, Hutchinson said, "Well, he should, but at the same time, we know he's not." Hutchinson was a former head of the Drug Enforcement Administration and a Homeland Security official under President George W. Bush.

☆ Republican Hutchinson to run for US president in 2024, urges Trump to go
▼ + stars: | 2023-04-02 | by ( Doina Chiacu | ) www.reuters.com time to read: +2 min

WASHINGTON, April 2 (Reuters) - Former Arkansas Governor Asa Hutchinson announced his 2024 U.S. presidential candidacy on Sunday with a proclamation that set him apart from other current or potential Republican candidates: former President Donald Trump should step aside from the race. "I have made a decision, and my decision is I'm going to run for president of the United States," Hutchinson said. "I think it's a sad day for America that we have a former president that's indicted," Hutchinson said. Asked whether Trump should step aside, Hutchinson said, "Well, he should, but at the same time, we know he's not." Former Vice President Mike Pence and current Florida Governor Ron DeSantis are considered as possible candidates.

☆ Mike Pence gambled his career to become Trump's successor. Now he can't even find a lane to compete against his former boss.
▼ + stars: | 2023-04-01 | by ( Madison Hall | ) www.businessinsider.com time to read: +6 min

Mike Pence gambled his future to become President Donald Trump's running mate and vice president. Two years after leaving office, it appears all for naught, as he can't seem to find a lane to compete against his former boss. This, in part, led to some Trump supporters storming the Capitol whilst chanting "hang Mike Pence." But despite this, Monmouth University polling from March 2023 shows him lagging behind other prospective candidates, like DeSantis and Trump, in favorability polls among evangelical Republicans. According to Morning Consult's surveying, Pence once again received the second-most "unfavorable" polling behind only former Rep. Liz Cheney.

☆ Apple awkwardly pushes into buy-now-pay-later
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, March 29 (Reuters Breakingviews) - Apple (AAPL.O) is late to the buy-now-pay-later party. If anyone can help validate the product, it’s Apple, but times are considerably tougher. Apple will be well-versed in these risks, but a bigger crackdown is probably coming. What’s more, shifting consumer sentiment and a cooling economy could hurt demand and increase the risk of bad loans. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Some Republicans are suggesting that the Nashville shooter's reported trans identity played a role in causing the deadly incident
▼ + stars: | 2023-03-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

The Nashville shooter identified as transgender, according a police statement Monday that was later walked back. Some Republicans, including JD Vance and Marjorie Taylor Greene, are suggesting the shooter's trans identity played a role. We aren't aware of the shooters intentions in terms of gender identity," a Metro Nashville Police Department spokesperson said. As details of the shooter's identity began to emerge, some prominent Republican elected officials zeroed in on Hale's reported transgender identity. "How much hormones like testosterone and medications for mental illness was the transgender Nashville school shooter taking?"

☆ Debt ceiling standoff: McCarthy laments lack of progress
▼ + stars: | 2023-03-28 | 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 EmailDebt ceiling standoff: McCarthy laments lack of progressHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Vivek Ramaswamy, Strive Asset Management, and former Sen. Heidi Heitkamp, D-North Dakota. debate the debt ceiling standoff.

☆ Bitcoin is a solution looking for a problem
▼ + stars: | 2023-03-24 | by ( Anita Ramaswamy | ) www.reuters.com time to read: +3 min

Since his Miami proclamations, bitcoin’s price has fallen by nearly 40%, though in the last few weeks after Silicon Valley Bank’s failure it has had a resurgence. At first glance, his prediction seems wildly optimistic but directionally reasonable – bitcoin has surged by over 35% since SVB’s collapse on March 10. What’s more, bitcoin may never have surpassed $60,000 to reach its highest-ever price level in 2021 had the Fed not kept interest rates consistently low. It’s the prospect of lower rates – not the lack of government stability – that is opening the door to riskier bets like those on bitcoin. Gold is a tangible asset, unlike bitcoin, and that’s precisely what makes it an inflation hedge.

☆ All’s fair in love and stablecoins
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, March 22 (Reuters Breakingviews) - If a stablecoin isn’t first, it’s last, as Circle has learned this month. The company that issues USDC lost its peg to the dollar earlier this month because of worries about the $3.3 billion it held at Silicon Valley Bank. Though Circle recovered the funds from the bank, customers pulled $6 billion from it, according to Bloomberg. Circle Chief Executive Jeremy Allaire, in contrast, does regular rounds in Washington and has argued for regulation. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Trump is surging in 2024 polls ahead of a possible indictment: Monmouth University poll
▼ + stars: | 2023-03-22 | by ( Madison Hall | ) www.businessinsider.com time to read: +4 min

Prior to news of a possible indictment, a poll showed support for former President Trump's 2024 run was surging. 41% of GOP respondents in the Monmouth University poll wanted Trump as the 2024 Republican nominee. According to the poll, when Republican respondents were asked who they'd like to see as the Republican nominee in 2024, 41% said Trump compared to 27% for Florida Gov. Monmouth University's not the only pollster showing Trump in the lead — a recent Morning Consult survey showed that 54% of potential GOP primary voters said they'd support Trump in the runup to the election. And despite a looming possible indictment, there isn't a lot of evidence that support for Trump will dwindle.

☆ Microsoft should throw billions at Apple to make Bing the default iPhone search engine, says a former Google exec
▼ + stars: | 2023-03-22 | by ( Hugh Langley | ) www.businessinsider.com time to read: +2 min

A former Google exec thinks Microsoft should outbid Google to land the default iPhone search spot. Landing the default search spot on the iPhone could disrupt Google's search dominance. If Microsoft wants to really throw Google's business into turmoil, it should offer Apple billions of dollars to become the iPhone's default search engine. Google currently pays an estimated $15 billion a year to be the default search engine on the more than 1 billion Apple devices globally, including the iPhone. While Google has launched its competitor to ChatGPT, known as Bard, it is not currently integrated into Google Search.

☆ Trump's legal troubles are threatening to upend the 2024 GOP race, and he's not even charged
▼ + stars: | 2023-03-22 | by ( Kimberly Leonard | Oma Seddiq | ) www.businessinsider.com time to read: +14 min

Former President Donald Trump faces possible criminal charges as he's running for president. "If it's a circus, there's only one ringmaster and that's Trump," said GOP pollster B.J. Operatives thinking of ways to land punches on Trump say GOP primary candidates could argue that he would lose the general election because of his legal troubles. Political insiders widely concede that a potential indictment — and how Trump responds — could still backfire on GOP challengers and strengthen Trump. While the circumstances surrounding the 2024 primary are uncharted territory, polling shows a cohort of GOP voters has grown weary of Trump and is seeking an alternative.

☆ Trump is 'going about business as usual' and enjoying higher polling on the day he claimed he'd be arrested, his lawyer says
▼ + stars: | 2023-03-21 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Donald Trump said he would be arrested on Tuesday. Trump is "going about business as usual" and enjoying rising poll numbers, his lawyer said. A Secret Service officer stands in front of former President Donald Trump's Mar-a-Lago estate, Tuesday, March 21, 2023, in Palm Beach, Florida. Alina Habba, an attorney for Donald Trump, arrives at Trump Tower in New York, Tuesday, March 21, 2023. AP Photo/Bryan WoolstonOn Truth Social, Trump spent Monday and Tuesday bragging about his poll numbers and criticizing Bragg.

☆ Trump's looming indictment causes his feud with DeSantis to boil over into insults and insinuations about a 'porn star' and 'underage' classmates
▼ + stars: | 2023-03-21 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

The Trump indictment news put DeSantis on the spot, given he's expected to run for president. "I don't know what goes into paying hush money to a porn star to secure silence over some type of alleged affair," DeSantis said. "But when he can actually make a positive difference — whether that's the Silicon Valley bailout or the Trump indictment — he shuts up for political convenience. Asked about the battle, DeSantis' political team pointed to the governor's comments Monday saying that he would not participate in helping Bragg with an extradition. Ron DeSantis' interview with the New York Post.

☆ Ryan Reynolds flexes as corporate convert
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, March 20 (Reuters Breakingviews) - For Hollywood star Ryan Reynolds, dealmaking may be more lucrative than Deadpool. One more transaction like this, and Reynolds could find that he has a real future outside of the acting biz. For Mint, Reynolds has described the marketing strategy as “scrappy”, and he has done some catchy things, like appearing alongside T-Mobile’s chief executive in a video announcing the deal and leaving voicemails for customers. Showing success outside of the lifestyle category – in mobile – is validation for the actor, but a differentiating factor might have been Reynolds’ ownership stake in Mint. Converting that stake into a lucrative deal, twice, suggests that Reynolds could be more than just a pretty face.

☆ DeSantis breaks his silence on the 'manufactured circus' around expected Trump indictment: 'I don't know what goes into paying hush money to a porn star'
▼ + stars: | 2023-03-20 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +6 min

Ron DeSantis of Florida has ended his silence on former President Donald Trump's expected indictment by a Manhattan grand jury. Amid criticism from Trump and his campaign, DeSantis generally has stayed away from hitting Trump directly. "I don't know what goes into paying hush money to a porn star to secure silence over some type of alleged affair. The Trump campaign hit DeSantis over the weekend when he failed to issue a statement as news swirled predicting Trump's expected indictment this week. You're not fooling anyone," tweeted Liz Harrington, Trump campaign spokeswoman, referring to DeSantis' promotion of his new book, "The Courage to be Free."

☆ The battle over ESG investing
▼ + stars: | 2023-03-20 | 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 EmailThe battle over ESG investingMartin Whittaker of Just Capital and Strive Asset Management’s Vivek Ramaswamy join NBC’s Brian Sullivan and ‘Last Call’ to debate the value of ESG investing.

☆ Will a Trump indictment impact the debt ceiling debate?
▼ + stars: | 2023-03-20 | 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 EmailWill a Trump indictment impact the debt ceiling debate? Former White House Chief of Staff Mick Mulvaney, Strive Asset Management’s Vivek Ramaswamy and Symone Sanders-Townsend, spokesperson for Vice President Kamala Harris, join NBC’s Brian Sullivan and ‘Last Call’ to discuss the potential indictment of former President Trump for making hush money payments to porn star Stormy Daniels.

☆ A prominent Iowa conservative says evangelicals have not forgotten that Trump blamed the pro-life movement for GOP midterm losses
▼ + stars: | 2023-03-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Bob Vander Plaats told the NYT that evangelicals took note of Trump's remarks on the 2022 midterms. Trump will need to secure robust support from social conservatives to win the Iowa caucuses in 2024. "It showed a character thing with Trump that he cast the blame on the pro-life movement," Vander Plaats told the newspaper. "If you're trying to win the Iowa caucuses, I would not put that base under the bus." "For the former president, winning the Iowa caucuses is everything," Vander Plaats told The Times.

☆ Former Trump campaign advisor says ex-president wants 'someone cut from the same cloth' as his 2024 running mate
▼ + stars: | 2023-03-18 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Trump wants a VP running mate with more similarities to himself as he looks to 2024, per an ex-advisor. "Trump's going to be looking for someone cut from the same cloth he is," Michael Caputo told the AP. Trump has reportedly indicated an interest in selecting a female running mate. "I think the president learned a lot from his experience with Pence," Caputo, who was a 2016 presidential campaign advisor for Trump, told the news outlet. Ron DeSantis, the only other Republican who now threatens Trump's dominance in the nomination contest, has not yet officially announced whether he'll pursue a 2024 presidential campaign.

☆ Where is Silicon Valley's J. Pierpont Morgan?
▼ + stars: | 2023-03-17 | by ( Anita Ramaswamy | ) www.reuters.com time to read: +3 min

After withdrawals lashed the banking system in 1907, financier J. Pierpont Morgan corraled his peers into using their own money to calm the crisis. The contrast with Silicon Valley – which is also embroiled in the ongoing firestorm – couldn’t be more stark. Startup and technology firms’ cash crunch precipitated the fall of Silicon Valley Bank and its parent SVB Financial (SIVB.O), which in turn sparked panic in the financial system. Silicon Valley is fragmented and built on an individualistic ethos. Real, toothsome regulation might force Silicon Valley’s great minds to realize how interconnected their ecosystem is.

☆ Gen Z congressman Maxwell Frost calls out Biden for breaking climate promise to young voters that helped him win in 2020
▼ + stars: | 2023-03-15 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +6 min

President Joe Biden's positions in recent weeks have put him at odds with some members of his party. That includes Rep. Maxwell Frost who says Biden broke his promise to young voters. Rep. Maxwell Frost, the first Gen-Z member of Congress, says he is "very disappointed" in Biden for approving the $8 billion ConocoPhillips Willow oil project in Alaska, one of the largest-ever drilling projects on federal land. In November, Frost praised Biden in an interview with CNN, saying: "He's been unafraid to put forth bold, transformational ideas and policies, and that's really what excites young voters." When contacted after the Willow project decision, which Bowman opposed, he said his thinking had not changed.

☆ The Fed has been playing God with the fat finger for too long, says Vivek Ramaswamy
▼ + stars: | 2023-03-15 | 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 EmailThe Fed has been playing God with the fat finger for too long, says Vivek RamaswamyVivek Ramaswamy of Strive Asset Management and former Senator Heidi Heitkamp (D-N.D.) join Brian Sullivan and 'Last Call' to discuss whether Covid stimulus went on too long.

☆ After Ron Desantis got testy over a reporter’s question about Ukraine, he told Tucker Carlson the war should not be a US priority, moving closer to Trump’s position
▼ + stars: | 2023-03-14 | by ( Kelsey Vlamis | Hannah Getahun | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Ron DeSantis has previously avoided taking a hard stance on the US's Ukraine policy. On Monday, DeSantis said in a statement the Ukraine war is not of "vital national interest." The US has since provided Ukraine with billions of dollars of military aid, which has had bipartisan support. For Biden and his European allies, support for Ukraine is framed as a vital part of protecting the sovereignty of the country. Prominent House Republicans Rep. Mike McCaul and Rep. Mike Turner have even called on Biden to increase existing support for Ukraine.

☆ SVB is the first social media bank run in history. The crisis will change the banking industry forever.
▼ + stars: | 2023-03-14 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

It's an all out bank run," founder Howard Lerman tweeted on Thursday when SVB was trying to raise new capital. "The thing about a bank run is that there's no upside to keeping your money in the at-risk bank," wrote Xavier Helgesen of Enduring Ventures the same day. Another deleted tweet says, "As one of probably the few founders to go through a modern bank run, get your money out now. Some tech types who banked with SVB have even deleted tweets they put out in support of the bank. 'MONDAY, BLOODY MONDAY'Meanwhile, Jason Calcanis and David Sacks, tech founders turned investors, have been tweeting about little but SVB since Thursday.

☆ GOP presidential contenders cast blame for Silicon Valley Bank collapse
▼ + stars: | 2023-03-13 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Former President Donald Trump and other 2024 Republican presidential hopefuls spoke out over the weekend on the failure of Silicon Valley Bank , offering early hints of their varied approaches to the markets. Silicon Valley Bank, or SVB, was shuttered by financial regulators last week, marking the largest failure of a banking institution since the 2008 financial crisis. Nikki Haley on Saturday night declared, "taxpayers should absolutely not bail our Silicon Valley Bank." "Now depositors at healthy banks are forced to subsidize Silicon Valley Bank's mismanagement.

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