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Search resuls for: "Trump Administration"


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A trucking giant is in danger of shutting down for good, leaving 30,000 unemployed, WSJ reports. The Trump administration approved a $700 million CARES Act loan to the company in 2020. The company laid off hundreds of nonunion employees on Friday, and 30,000 more are in danger of losing their jobs. The Teamsters told union members that the "likelihood that Yellow will survive is increasingly bleak" in a memo on Friday, per The Journal. The act deregulated the trucking industry by letting trucking companies to set their own rates.
Persons: Trump Organizations: Yellow Corp, Morning, Yellow Corporation, Walmart, Home, Wall Street, Defense Department, Teamsters, Customers, Motor, Act Locations: Nashville
CNN —The Biden administration on Friday proposed modest increases to fuel efficiency standards for the vehicles most Americans drive. The proposal fits alongside the administration’s push for increasing the share of electric vehicles on the roads. A nearly 700-page document outlined the potential options, including the administration’s proposal for increasing car fuel efficiency standards annually by 2% for cars and 4% for light trucks. The Environmental Protection Agency, which calculates the fuel economy estimates shown on vehicle window stickers, uses different tests that result in more realistic estimates. Soon after taking office, the Trump administration re-wrote the more stringent Obama administration’s proposal.
Persons: CNN —, Biden, that’s, Chris Harto, John Bozzella, , Dan Becker, Harto, Pete Huffman, Trump Organizations: CNN, US Department of Transportation, Environmental Protection Agency, Consumer, EPA, Alliance for Automotive Innovation, Center for Biological, Natural Resources Defense Council, Democratic, Republican, Obama
It would also limit the need for environmental reviews for projects that federal agencies deem to have significant and long-lasting positive impacts. NEPA is a bedrock environmental law that requires environmental reviews for major projects, and is a frequent focus of litigation that can delay projects for years. The White House said the proposed rule "would fully implement and build upon new permitting efficiencies" directed by Congress in this year's debt ceiling law. The rule would build on initial work to reform the NEPA process finalized last year, when the White House reversed a Trump administration overhaul of the process. Last year's changes required federal agencies to consider the “direct,” “indirect,” and “cumulative” impacts of proposed projects or actions, including a full evaluation of climate impacts.
Persons: John Podesta, Joe Biden’s, ” Podesta, Kevin Cramer, Ben, Clark Mindock Organizations: Council, Environmental, White House, NEPA, Congress, Trump, Republican, Senate Environment, Public, Committee, Sierra Club, Thomson Locations: U.S
Reuters analysis shows a massive jump in the assets of emerging market (EM) mutual funds and exchange traded funds (ETFs) that exclude China as U.S. and European investors turn more wary of being exposed to the Asian giant. Other investors are simply moving to markets with better growth prospects, such as Brazil. The scale of change needed in global supply chains could drive such capital flows for the next decade, he said. The iShares MSCI Emerging Markets ex-China ETF , the world's largest emerging market ex-China ETF whose biggest holdings are firms in Taiwan, South Korea and India, attracted a record $1 billion net inflow in the first half of 2023, the data showed. "China is the one major country that investors are most concerned about in EM," said John Lau, portfolio manager for Asia Pacific and emerging market equities at SEI.
Persons: Aly, Malcolm Dorson, John Lau, Goldman Sachs, Jeffrey Jaensubhakij, , Benjamin Low, Donald Trump, Joe Biden's, Biden, Wong Kok Hoi, Summer Zhen, Vidya Ranganathan Organizations: REUTERS, Global, China ETF, China, Asia Pacific, SEI, Stock Connect, Morningstar, China Opportunity Equity Fund, Fund, Boston, Cambridge Associates, CSI, Nikkei, Investors, Reuters Graphics, APS Asset Management, Thomson Locations: Shanghai, China, HONG KONG, U.S, Mexico, India, Vietnam, Brazil, New York, Taiwan, South Korea, Asia, Singapore, Indonesia, Japan, Hong Kong, Canada, “ U.S
Other investors are simply moving to markets with better growth prospects, such as Brazil. The scale of change needed in global supply chains could drive such capital flows for the next decade, he said. The iShares MSCI Emerging Markets ex-China ETF , the world's largest emerging market ex-China ETF whose biggest holdings are firms in Taiwan, South Korea and India, attracted a record $1 billion net inflow in the first half of 2023, the data showed. "China is the one major country that investors are most concerned about in EM," said John Lau, portfolio manager for Asia Pacific and emerging market equities at SEI. “U.S., Canadian, and some European investors are exiting China due to political pressure.
Persons: Aly, Malcolm Dorson, John Lau, Goldman Sachs, Jeffrey Jaensubhakij, , Benjamin Low, Donald Trump, Joe Biden's, Biden, Wong Kok Hoi, Summer Zhen, Vidya Ranganathan Organizations: REUTERS, Global, China ETF, China, Asia Pacific, SEI, Stock Connect, Morningstar, China Opportunity Equity Fund, Fund, Boston, Cambridge Associates, CSI, Nikkei, Investors, Reuters Graphics, APS Asset Management, Thomson Locations: Shanghai, China, HONG KONG, U.S, Mexico, India, Vietnam, Brazil, New York, Taiwan, South Korea, Asia, Singapore, Indonesia, Japan, Hong Kong, Canada, “ U.S
Former first lady Melania Trump has not been a major presence on the campaign trail. People close to the first lady brought up tell-all books which cast her in an unfavorable light. Per The Times, Melania Trump had a sometimes strained relationship with Ivanka Trump — her stepdaughter — and son-in-law Jared Kushner. And Wolkoff's book, "Melania and Me: The Rise and Fall of My Friendship with the First Lady," also presented Melania Trump unfavorably. While Melania Trump has so far chosen not to join her husband on the campaign trail this year, she is poised to be a more visible presence next year.
Persons: Melania Trump, Donald Trump's, Ivanka Trump, , Jared Kushner, Melania Trump's, Stephanie Grisham, Stephanie Winston Wolkoff, Trump, Melania, Wolkoff, Ron DeSantis, Sen, Tim Scott of Organizations: Service, White, New York Times, Times, Melania Trump, Republican, Gov Locations: Wall, Silicon, Florida, Tim Scott of South Carolina, Iowa , New Hampshire, South Carolina
Rep. Marjorie Taylor Greene was kicked out of the House Freedom Caucus earlier this month. She reportedly first found out about the decision as she scrolled Twitter on the House floor. The ouster came after she developed a close working relationship with House Speaker Kevin McCarthy. 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 PolicyRepublican Rep. Marjorie Taylor Greene reportedly learned that she'd been booted from the hard-right House Freedom Caucus only after seeing her own name trending on Twitter. Greene, who by then had a strained relationship with many members of the Freedom Caucus, reportedly told another conservative lawmaker that the group "doesn't care about" her bill.
Persons: Marjorie Taylor Greene, Kevin McCarthy, she'd, Greene, Scott Perry, Kevin McCarthy's, Georgia lawmaker's, Trump, Staff Reince Preibus, State Rex Tillerson, Mark Esper —, Donald Trump, Lauren Boebert, McCarthy Organizations: Caucus, Twitter, Service, Republican, New York Times, Freedom Caucus, White, Staff, State Locations: Wall, Silicon, Scott Perry of Pennsylvania, Georgia, Colorado
The number of migrants apprehended at the southern U.S. border has plummeted over the past two months, in spite of expectations of a big influx after the lifting of Title 42 in May. Perhaps the biggest reason for the drop, officials say, is that President Biden’s stringent new asylum rules have effectively turned migrants away. Today, that policy was struck down by a federal judge in California, dealing a major blow to Biden’s efforts to manage immigration along the southern border. The groups argued that the policy left migrants vulnerable during long waits in Mexico border towns and that it mimicked a Trump administration rule that had already been blocked. The judge — Jon Tigar, an Obama appointee — sided with the advocacy groups, writing that the policy was “both substantively and procedurally invalid.” He however stayed his order for 14 days, giving the Biden administration time for an appeal.
Persons: Trump, Jon Tigar, , Biden Organizations: U.S Locations: U.S, California, Mexico
A federal judge struck down on Tuesday a stringent new asylum policy that officials have called crucial to managing the southern border, dealing a blow to the Biden administration’s strategy after illegal crossings by migrants declined sharply in the last few months. The rule, which has been in effect since May 12, disqualifies most people from applying for asylum if they have crossed into the United States without either securing an appointment at an official port of entry or proving that they sought legal protection in another country along the way. Immigrant advocacy groups who sued the administration said that the policy violated U.S. law and heightened migrants’ vulnerability to extortion and violence during protracted waits in Mexican border towns. They also argued that it mimicked a Trump administration rule to restrict asylum that was blocked in 2019 by the same judge, Jon S. Tigar of the United States District Court for the Northern District of California.
Persons: Biden, Trump, Jon S Organizations: United States, Court, Northern, Northern District of Locations: United States, Northern District, Northern District of California
At first glance, Jill Biden’s work on her trips overseas appears to be rooted in the traditional duties of first ladies: She has cheered on American Olympians in Tokyo, made a secret trip to Ukraine to meet with the country’s first lady and attended the royal wedding of the crown prince of Jordan. But in a host of speeches delivered overseas, including in Namibia and France, she has also used her platform for more political purposes, including making her case that President Biden has promoted democracy and revitalized global relationships strained by former President Donald J. Trump. In Paris on Tuesday, the first lady’s presence was a reminder, as the 2024 presidential campaign heats up, that Americans may again be choosing between the two men. Dr. Biden was there to deliver remarks for the official return of the United States to UNESCO, several years after the Trump administration pulled the country — and its funding — from the group. She was also there to deliver a White House message that Mr. Biden had united allies against what she called “Putin’s unjust war” in Ukraine.
Persons: Jill Biden’s, Jordan, Biden, Donald J, Dr, Trump Organizations: American, Trump, UNESCO Locations: Tokyo, Ukraine, Namibia, France, Paris, United States
The Education Department finalized a rule to allow state oversight into federal student-loan servicers. The rule is intended to protect borrowers from misleading behavior or inaccurate payment counts. The department concluded that the Higher Education Act of 1965 allows states to play a role in regulating federal loan servicers to better protect borrowers from misleading behavior. "States may consider and adopt additional measures which protect borrowers and can be harmonized with Federal law," it said. The notice does have some limits on what states can do, like ruling a federal loan servicer in a state cannot continue operations.
Persons: Joe Biden's, Miguel Cardona, Donald Trump's, Betsy DeVos, , servicers Organizations: Education Department, Service, Joe Biden's Education Department, Federal, Higher, Department, servicer Locations: Wall, Silicon, Federal,
The complex interplay between the transition, policy, economic performance and consumer preferences have made it harder than ever to forecast gasoline demand. Since then, the post-pandemic transition to a hybrid workplace has cut fuel demand for commuting. With the difficulty of predicting where gasoline demand goes from here, the EIA has revised its forecast several times this year. In January, it pegged demand this year at 8.74 million bpd, a fall from 8.76 million bpd last year. JPMorgan estimates that efficiency gains and EV sales wiped around 100,000 bpd from gasoline demand last year.
Persons: Aimee Dilger, Ciaran Healy, Healy, Joe Biden, Barack Obama, Biden, Alex Hodes, Patrick De Haan, Shariq Khan, Simon Webb, Marguerita Choy Organizations: REUTERS, U.S, International Energy Agency, Energy Information Administration, EIA, Reuters, IMPACT, JPMorgan, Trump, EV, Environmental Protection Agency, Reuters Graphics U.S, StoneX, Thomson Locations: Wilkes, Barre , Pennsylvania, U.S, Midwest, Paris, Russia, Ukraine
Jeff Bezos is playing an increasingly active role in operations at The Post, The New York Times says. Bezos has sought to make The Post an international force and has encouraged digital experimentation. Patty Stonesifer, the interim chief executive for The Post, told The Times that Bezos was thrilled with "every dollar invested" in the company. Bezos encouraged digital experimentation when he first bought the newspaper, angling to make The Post into an international powerhouse. After Bezos' initial purchase of The Post, his influence was less visible in the newsroom, according to two individuals who spoke with The Times.
Persons: Jeff Bezos, Bezos, Trump, Patty Stonesifer, Stonesifer, Graham, cratered, Sally Buzbee —, Marty Baron —, Fred Ryan —, , Sally Quinn, Ben Bradlee, haven't Organizations: The New York Times, Amazon, The Washington Post, Post, The Times, Times, The, Washington Post
Mark Meadows admitted there was little evidence of 2020 election fraud, The Washington Post reported. In a text, the former White House chief of staff said his own son was not finding much proof. But despite his diligent efforts to pressure election officials to find evidence of "fraud," Mark Meadows privately acknowledged there was little to support his boss's sweeping claims, The Washington Post reported Saturday. The Post did not reproduce Meadows' text, writing that it was described to the publication by "people familiar" with the investigation into the January 6 insurrection. According to the newspaper, Meadows' text prompted a joking response from the White House attorney, who asked if his son could help find all the other voters Trump would need to have won the 2020 election.
Persons: Mark Meadows, Donald Trump's, Meadows, Trump, Brad Raffensperger, Jack Smith Organizations: Washington Post, White House, Service, Trump, Post Locations: Wall, Silicon, Atlanta, Georgia
King, an active-duty U.S. Army soldier serving in South Korea, sprinted into North Korea while on a civilian tour of the Demilitarized Zone on the border between the two Koreas. Washington is fully mobilized in trying to contact Pyongyang about him, U.S. Army Secretary Christine Wormuth said on Thursday, but North Korea had yet to respond. At that time, U.S. officials had just concluded an initial nuclear agreement with North Korean leader Kim Jong Un's father, Kim Jong Il. Warmbier was eventually returned to the United States in a coma in 2017, but died days later. "Here's the response we got: one missile launch after another," referring to repeated North Korean missile tests.
Persons: Travis King, Christine Wormuth, Joe Biden, Trump, It's, Thomas Hubbard, Bobby Hall, Kim Jong Un's, Kim Jong Il, Hubbard, King, Mickey Bergman, Bill Richardson, Bergman, Jenny Town, Charles Robert Jenkins, , Tae Yong, Otto Warmbier, Warmbier, Otto’s, Fred, He’s, Antony Blinken, Biden, Blinken, Simon Lewis, David Brunnstrom, Idrees Ali, Don Durfee, Stephen Coates Organizations: Army, U.S . Army, U.S, North, Koreans, United Nations Command, Richardson, . Army, Reuters, Aspen Security, Korean, Thomson Locations: United States, North Korea, South Korea, . Washington, Pyongyang, U.S, Washington, North, Korea, Koreans, Sweden, New York, Jenny, Korean, Korea's
An Untested Judge in the Trump Documents Case
  + stars: | 2023-07-21 | by ( Robert Draper | ) www.nytimes.com   time to read: +1 min
Judge Aileen M. Cannon, a previously obscure Trump judicial appointee, has been viewed with incredulity by much of the legal establishment ever since she issued a ruling temporarily halting the federal investigation into the former president’s handling of classified documents. After a conservative appeals court slapped her down, Democrats said she was either incompetent or some kind of black-robed Trojan horse for the MAGA movement. “The notion that she’s inexperienced is misplaced and ignores her exceptional résumé before taking the bench,” said Jesse Panuccio, a prominent Florida defense lawyer who served in the Trump administration as acting associate attorney general. “It also penalizes her for being a mild-mannered woman. Over two hours, she left little doubt as to whose courtroom it was.
Persons: Aileen M, Cannon, MAGA, , Jesse Panuccio, Trump, Judge Cannon Organizations: Trump Locations: Florida, Fort Pierce, Fla
We continue to have a deeply divided Congress and electorate, a good chunk of which is still maniacally in Trump’s corner. A Biden-Trump rematch feels like a concession, as if we couldn’t do any better or have given up trying. The sentiment most Democrats seemed to muster in Biden’s favor while he was running was that he was inoffensive. Democrats and the media seem to have become more vocal in pointing out the hazards of Biden’s advancing age. When asked point blank whether it’s time for him to step aside, Biden said, almost tangentially, “I just want to finish the job.”
Persons: Biden, He’s, Trump, Biden’s mutter, , Ruth Bader Ginsburg, Dianne Feinstein, Biden shouldn’t, Nicolle, Fareed Zakaria, Biden waded, Xi Organizations: Biden, Trump, Blacks, Democrats, MSNBC Locations: Trump’s, China
The potential charges listed in the target letter suggest the special counsel will prosecute a bigger case against Trump than the former president’s team was expecting, given the evidence they are aware of. That has led to questions if there is evidence or testimony they don’t know about, the sources said. Trump’s team of lawyers and advisers have tried to keep close tabs on investigation. The former president’s political action committee has underwritten legal costs for multiple witnesses, which has given them some insight into what has been shared with Smith’s team. Trump said on social media Tuesday that he received a target letter from Smith on Sunday, a signal that charges in the case could be coming soon.
Persons: Donald Trump’s, Jack Smith’s, Trump, Smith Organizations: CNN, Trump, Smith’s, Street, Department Locations: United States
WASHINGTON, July 18 (Reuters) - Former U.S. President Donald Trump said on Tuesday he had received a letter from Special Counsel Jack Smith stating that he is a target of a grand jury investigation into efforts to overturn the 2020 presidential election result. Officials have testified that during his final months in office, Trump pressured them with unsubstantiated claims of widespread voter fraud. stating that I am a TARGET of the January 6th Grand Jury investigation," Trump wrote on his Truth Social media site. In his Truth Social post, Trump said Smith's office has given him "a very short 4 days" to appear before the grand jury in the probe. But he said the cumulative impact of the cases against Trump could deter some moderate Republicans and hinder his chances in the general election.
Persons: Donald Trump, Jack Smith, Trump, Joe Biden, Smith, Peter Zeidenberg, Aileen Cannon, Biden, Pat Cipollone, Mike Pence, Rudy Giuliani, Stormy Daniels, Trump's, Steve Scalise, Matt Dole, Ron DeSantis, Dole, Sarah N, Lynch, Jacqueline Thomsen, Katharine Jackson, Moira Warburton, Rami Ayyub, Nathan Layne, Doina Chiacu, Howard Goller, Daniel Wallis Organizations: Former U.S, U.S, Capitol, Biden's, Social, Republican, Democrat, Washington , D.C, White, Georgia Supreme, Trump, Trump's Republican, Thomson Locations: Former, Florida, Washington ,, New York, Georgia
elites” and his disappointment in Mr. Trump for failing to fire Dr. Anthony S. Fauci, who helped lead the Covid-19 response in the final year of the Trump administration. On Tuesday morning, Mr. DeSantis discussed military policy outside Columbia, the capital of South Carolina, a state that is dependent on military bases and has a large veteran population. Mr. DeSantis has avoided mainstream news outlets, hoping to take his message directly to conservative audiences. Large donors have met in recent days with Mr. Scott and the wealthy entrepreneur Vivek Ramaswamy. The DeSantis political operation may be strengthening its jabs against Mr. Trump.
Persons: DeSantis, Trump, , Anthony S, Fauci, Jake Tapper, Scott, Vivek Ramaswamy, Kim Reynolds Organizations: Chinese Communist Party, , CNN, DeSantis, Politico Locations: Tega Cay, S.C, North Carolina, Columbia, South Carolina, West Columbia
The Commerce Department blacklisted two European cyber firms that build spyware software, the Commerce Department announced Tuesday, including technology hawked by both firms that was used to surveil Meta users and reportedly at least one Meta employee. The software exploited vulnerabilities in Android and iOS software and deployed hundreds of spoof Meta accounts to surveil activists, politicians and journalists around the world. Meta in December 2021 warned thousands of Facebook users that they'd been targeted by spyware-for-hire software, including Predator. The New York Times reported extensively on Intellexa's Predator product, and the company's efforts to sell it to a Ukrainian intelligence agency. Intellexa's Predator was also used by Greek intelligence to spy on a Meta trust and safety employee, the Times reported.
Persons: Gina Raimondo, , Cytrox —, they'd, Tal Dilian, Intellexa, Biden, Trump Organizations: Commerce, The Commerce Department, Commerce Department, Industry, Security, Citizen Lab, Export, Meta, Facebook, Israel Defense Forces, The New York Times, Times, Huawei Locations: Davos, Switzerland, Greece, Ireland, Hungary, North Macedonia, Ukrainian
They thought Trump was history. But a second term might be different. I’ll predict that anyone who thought the Trump presidency was disastrous — and polling shows that includes many Americans and most citizens of America’s allies — will find Trump 2.0 even more cataclysmic. Trump now has a strong operation in developing meticulous plans for a possible second term. Before the 2020 election, I wondered if Taiwan might survive a second Trump term.
Persons: Frida Ghitis, Joe Biden, Donald Trump, Trump, , , thrall, , Vladimir Putin —, Putin, Biden, Xi Jinping, Hong, Kim Jong Un, reelect Organizations: CNN, Washington Post, Politics, Republican, GOP, Trump, Department of Justice, Capitol, Congress, Republican Party, NATO, Twitter, Facebook, White, America Locations: Netherlands, Europe, South, Ukraine, Russia, Kyiv, Crimea, NATO, Taiwan, Beijing, China, Koreans, North Korean, South Koreans
In the classified documents case, Trump received a target letter from the special counsel’s office on May 19. Three days after that, on June 8, the grand jury returned an indictment against Trump and his co-defendant and aide Walt Nauta. The special counsel has also probed Trump’s knowledge that he lost the 2020 election, pressure within the Justice Department to help with efforts to overturn the election and fundraising efforts after the election. Giuliani’s lawyer, Robert Costello, told CNN that Giuliani has not received a target letter. The grand jury investigating 2020 election interference is meeting Tuesday at the federal courthouse in Washington, DC.
Persons: Donald Trump, Jack Smith, Joe Biden’s, ” Trump, Todd Blanche, Trump’s, Smith, Trump . Trump’s, Trump, Attorney Alvin Bragg, Walt Nauta, Fox News ’ Sean Hannity, Mike Pence, Rudy Giuliani, Robert Costello, Giuliani Organizations: CNN, Joe Biden’s DOJ, Sunday, Trump, Trump ., Manhattan, Attorney, Justice, Fox News, , United, Constitution, Joe, Electoral College, Justice Department, House Locations: Bedminster, Iowa, Washington , DC
Demetrius Freeman/The Washington Post via Getty ImagesHow are the two loan forgiveness actions different? There are four of these plans, which aim to make loan payments more affordable for lower earners. That law gave the president power to revise student loan programs during national emergencies. The Trump administration had leveraged the Heroes Act to implement a student loan payment pause at the onset of the Covid-19 pandemic. However, Congress has already authorized loan forgiveness relative to income-driven repayment plans, dating to when it created them in the 1990s.
Persons: Joe Biden, Education Miguel Cardona, Demetrius Freeman, , Biden, hasn't, Virginia Foxx, Abby Shafroth, who've, Trump, Shafroth, Kantrowitz Organizations: U.S, Education, Washington, Getty, White, U.S . Department of Education, Department of Education, National Consumer Law Center, National Consumer Law, of Education
Marjorie Taylor Greene stars in a new rap music video in which she is declared "MAGA's MVP." Florida-based rapper Kurt Jantz, who goes by Forgiato Blow, released a new music video on Sunday dedicated to the Georgia representative. Throughout the video, Greene silently nods her head next to Jantz or remains in the background, sitting on a throne or atop a red convertible. Marjorie Taylor Greene🇺🇸 (@RepMTG) July 16, 2023This is not the first time Greene has tried to insert herself into hip-hop culture. "We don't care if you're white/Don't care if you're black/We don't care if you're gay/We're all under attack," they sing.
Persons: Marjorie Taylor Greene, MAGA, Marjorie Taylor Greene's, she's, Kurt Jantz, Forgiato Blow, Marjorie, RINOs, Greene, Jantz, Greene's, Joe Biden, , Marjorie Taylor Greene 🇺🇸 ( Organizations: Trump, Service, Georgia, Twitter Locations: Wall, Silicon, Florida, Georgia
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