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Andrew Harnik | Getty ImagesPresident-elect Donald Trump's return to the White House is poised to have big impacts on consumer health care. CMS, in turn, administers the Affordable Care Act marketplace and the Children's Health Insurance Program (CHIP), among other endeavors. A spokesperson for Trump's transition team did not respond to a request from CNBC for comment about the President-elect's health policy plans. Still, it's a 'big' gamble to forgo health insurance Around 3.8 million people will lose their health insurance if the subsidies expire, the Congressional Budget Office estimates. Short-term health insurance plans offer coverage for limited amounts of time, and typically on fewer medical services than comprehensive coverage.
Persons: Donald Trump, Andrew Harnik, Donald Trump's, Michael Sparer, Sparer, Trump, Robert F, Kennedy Jr, Kennedy, who's, Mario Tama, Cynthia Cox, I'd, Cox, Sabrina Corlette, Georgetown University's, Corlette, Carolyn McClanahan, Larry Levitt, Levitt, enrollee, they're, Yasin Ozturk, Biden, It's, Organizations: Base Andrews, Getty, Affordable, Trump, Republican, Columbia University, of Health Policy, Management, of Health, Human Services, Medicare, Services, CMS, Children's Health Insurance, Washington Post, The Washington Post, CNBC, Providence St, Mary Medical Center, Finance, American, ACA, Cox, Congressional, Office, Republicans, Center, Health, Georgetown, Georgetown University's McCourt School of Public, Planning Partners, Medicaid, Social Security, Maskot, of Columbia, U.S, Capitol, Washington , D.C, Anadolu Agency, GOP, Corlette, pharma, Centers Locations: Base Andrews , Maryland, U.S, Duluth, Apple Valley , California, Jacksonville , Florida, Washington ,
Tech billionaire Elon Musk and his business empire stand to reap massive rewards if former President Donald Trump returns to the White House. Elon Musk joins former US President Donald Trump during a campaign event in Butler, Pa., on Oct. 5, 2024. “I love Elon Musk,” Trump said at a rally in July. It’s not clear how Musk and Trump would navigate the ethical questions around a possible government role for the tech billionaire. “He would be in much less trouble in a Trump administration because Trump shares his hostility to regulation and regulators,” Richard Pierce, a law professor at George Washington University specializing in government regulation, told NBC News in an interview earlier this year.
Persons: Elon Musk, Donald Trump, Musk, Trump, Vladimir Putin, SpaceX, ” Musk, Brian Hughes, , ” Hughes, Justin Merriman, ” Trump, , walling, Kamala Harris, Harris, Biden, Larry Krasner, ” Richard Pierce, John Raoux, Angela Aneiros, ” Aneiros, Tesla, There’s, SpaceX countersued, • Tesla, ” SpaceX, Starlink, Justice Department —, Tucker Carlson, Carlson, he’s, SpaceX’s, Kamala Organizations: Tech, Trump, Musk’s, SpaceX, China —, U.S, Wall Street, NBC News, Boeing, Fox News, Bloomberg, Getty Images Trump, D.C, Trump Organization, Budget, America PAC, Philadelphia, George Washington University, Tesla, Co, Kennedy Space Center, Gonzaga University, university’s Center of Law, & Commerce, Justice Department, National, Traffic Safety Administration, Securities and Exchange Commission, Street, Justice, Employment, Commission, National Labor Relations Board, SEC, Twitter, Federal Communications Commission, Federal Aviation Administration, FAA, Safety, Health Administration, NLRB, Reuters, Defense Department, NASA, International, White, National Space Council Locations: China, United States, Taiwan, Ukraine, Washington, Trump’s, Pennsylvania, Butler, Pa, Palm Beach , Florida, Texas, California, Cape Canaveral, Fla, Los Angeles, Austin, Mars
AOC is behind a new bill to create a federal social housing developer. Unlike traditional American public housing, which is usually reserved for low-income families, social housing is intended to be mixed-income. But some pro-housing policy experts — who subscribe to the YIMBY, or Yes in My Backyard, movement — are skeptical that a federal social housing authority makes sense. Related storiesGallagher, a Democrat who represents gentrifying neighborhoods in North Brooklyn, was struck by the stability created by social housing in Vienna. Congress would likely not support a federal social housing authority until there is evidence of its success at the state level.
Persons: , Kamala Harris, Alexandria Ocasio, Cortez, Sen, Tina Smith, Minnesota —, Emily Gallagher, Gallagher, Hillary Schieve, Jenny Schuetz, Shane Phillips, Schuetz, Tricky Organizations: Democratic, Service, — Rep, New, Democrat, Yorkers, Brookings Institution, Lewis Center for Regional Policy, Homes, US Department of Housing, Urban Locations: Washington, Alexandria, Minnesota, Austria, New York, North Brooklyn, Vienna, Rhode, Atlanta, California, Montgomery County , Maryland, Reno , Nevada
In Los Angeles public schools, transgender students have equal access to facilities like bathrooms. Smaller amounts of federal money could also be withheld through presidential executive action. Still, Mr. Carvalho said he had no plans to rethink the district’s policy on gender identity, even if Mr. Trump is elected. The money contributes to the salaries of teachers, which can help lower class sizes in schools where students are struggling academically, Mr. Carvalho said. For some disabled students, federal dollars support personal aides who attend class alongside them.
Persons: Donald J, Trump, Alberto Carvalho, Philip Cheung, Carvalho, Organizations: White, Los, The New York Times Locations: Los Angeles, Los Angeles and New York, Washington
SpaceX compared itself to another space company in its lawsuit against a California agency. Phantom Space CEO Jim Cantrell, a longtime colleague of Elon Musk, supports SpaceX. AdvertisementCantrell told BI that the company got approval for 12 launches at a separate Space Launch Complex at the base. The space rocket company says in the lawsuit that the commission was trying to "unlawfully regulate space launch programs" at Vandenberg military base. Driesen pointed out that SpaceX's lawsuit emphasizes an administrative law claim that federal law prohibits the commission from interfering in the company's launch plan.
Persons: Jim Cantrell, Elon, , Elon Musk, Vandenberg, Cantrell, Eugene Volokh, Volokh, David Driesen, Musk, Driesen Organizations: SpaceX, Phantom, Service, California Coastal Commission, Vandenberg Space Force Base, Business, United States Space Force, Vandenberg, FAA, Elon, California Coastal, UCLA, Hoover Institution, Stanford University, Syracuse University Locations: California
Tesla's robotaxi will almost certainly face safety and regulatory questions before it comes to market. Waymo and Cruise have also encountered regulatory challenges with their autonomous vehicles. It has a permit to test autonomous vehicles with a driver on public roads in the state. "It's a problem of their own making," Phil Koopman, a professor at Carnegie Mellon University and an expert in autonomous vehicle safety, told Business Insider. A Waymo autonomous self-driving electric vehicle.
Persons: Tesla's, Cruise, , Tesla, Elon Musk, You'll, Sjoerd van, Waymo, Phil Koopman, Koopman, PATRICK T, FALLON, Uber, Kyle Vogt Organizations: Service, Warner Bros, Wal, Getty, California Department of Motor Vehicles, Carnegie Mellon University, NHTSA, Cruise Locations: Burbank , California, California
Baseless conspiracy theories about weather modification and false claims about disaster relief efforts have continued to spread on X in recent days, with misinformation about Hurricane Milton adding to a mountain of false rumors about Hurricane Helene and its aftermath. Greene has not deleted her posts referencing the conspiracy theories. In response to the challenges to Greene’s false claims, her deputy chief of staff, Nick Dyer, defended them, saying that she was actually the victim of conspiracy theories. “So when these people are espousing misinformation and conspiracy theories, then it’s like, ‘Oh, OK, well, maybe it’s true. FEMA is working to slow the spread of hurricane misinformation online.
Persons: Hurricane Helene, Marjorie Taylor Greene, , Greene, , Joe Biden, Greene’s, “ It’s, Hugh Willoughby, , ” Willoughby, ” Leila, Nick Dyer, Milton, Hurricane Milton, Donald Trump, Jim Jordan, Elon Musk, Angelo Fernández Hernández, Shauna Bowes, ” Bowes, ’ ” Bowes, Helene, Deanna Criswell, ” Criswell Organizations: X, NOAA, National Oceanic, Atmospheric Administration, Republican, Florida International University, Hurricane Research Division, NBC, University of Washington’s Center, Hurricane, FEMA, U.S . Ohio, Federal Emergency Management Agency, Services Program, Customs, Disaster Relief, Congress, DHS, Institute, Strategic, ISD, Homeland Security, Vanderbilt University, North Carolina Department of Public Safety Locations: Florida, Saginaw , Michigan, U.S, London, Asheville , North Carolina
Opinion | Why Trump Can’t Shake Project 2025
  + stars: | 2024-09-22 | by ( Ezra Klein | ) www.nytimes.com   time to read: +3 min
That, after all, is what Project 2025 was actually meant to be. When he said, during his debate with Kamala Harris, that he hadn’t read Project 2025 and has no intention of doing so, I believed him. But Project 2025 — and much else like it that has gotten less press — is more than a compendium of policy proposals: It is an effort to build a deep state of Trump’s own. This is the problem groups like Project 2025 set out to solve. Behind the policy playbook sits a database of around 20,000 applicants ready to be part of the next Trump administration.
Persons: Donald Trump, Trump, Kamala Harris, Coke, It’s, Mike Pence, Reince, MAGA, Steve Bannon, Stephen Miller, Nikki Haley, Jared Kushner, Gary Cohn, Read, Katy Talento, playbook, Organizations: Fox, Friends, H.R, McMaster, Council, Republican Locations: Washington
Stagecoach Group, a UK-based travel company, first launched Megabus in the UK in 2003 and then brought it to the US in 2006. Along with Greyhound, Megabus became one of the two mega-carriers in the United States. The intercity bus industry is not in complete disarray, but things are not going great there. Bus industry insiders also note that they're often treated as an afterthought by policymakers even though they carry tens of millions of people each year. He emphasized that bus travel can be environmentally sustainable, too, compared to everyone driving their own cars or flying.
Persons: Megabus, Andrew Savikas, Peter Pan, John Stepovy, FlixBus, Joseph Schwieterman, Schwieterman, hadn't, Scott Michael, it's, Michael, Kai Boysan, BoltBus, Fred Ferguson, who's, Ferguson, It's, They've, They're, I'd, Wanderu, Stepovy, Emily Stewart Organizations: Coach USA, Equity, USA, Stagecoach Group, Greyhound, North America, DePaul University, Stagecoach, Fullington Trailways, US, United Motorcoach Association, FlixMobility, Flix, American Bus Association, Lake Holdings, Alden Global Capital, Atlantic City, Day, Labor, Business Locations: Los Angeles, Chinatown, Busbud, United States, Asia, Flix North America, Wanderu, Philadelphia, Dallas, Chicago, Cleveland, Boston, New York, FlixBus
A Biden campaign event on Sunday in Harrisburg, Pa. Democrats have made abortion a key issue in campaigns ever since the Supreme Court overturned Roe v. Wade. In his 2016 presidential campaign, Mr. Trump pledged that he would appoint multiple anti-abortion justices to the Supreme Court, with a goal of overturning Roe. When the court’s Dobbs v. Jackson decision in 2022 ended the constitutional right to an abortion, Mr. Trump took credit. “Ask yourself: Who do you want in the White House — the man proud to overturn Roe v. Wade, or the president fighting for your rights?” the ad’s narrator says. Mr. Biden’s campaign, under intense scrutiny after his debate performance, has sought to keep the focus on Mr. Trump.
Persons: Roe, Wade, Biden’s, Donald J, Trump, Dobbs, Jackson, Biden, , , playbook, ” Lauren Hitt, Kamala Harris Organizations: Biden, The New York Times, Mr, Republican, Heritage Foundation, Trump Locations: Harrisburg, Pa
What’s open and closed on Juneteenth 2024
  + stars: | 2024-06-19 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +2 min
Here’s what’s open and closed on Juneteenth 2024. TD Bank, which has remained open in previous years, will also be closed Wednesday. Schools and government agenciesFederal offices will be closed on Juneteenth. In 2023, at least 28 states recognized Juneteenth as a public holiday for which state workers received a paid day off, according to a Pew Research analysis. RetailersMost major retailers and grocery stores will be open on Juneteenth.
Persons: New York CNN —, Gordon Granger, Abraham Lincoln, , Juneteenth, Here’s, CNN’s Harmeet Kaur Organizations: New, New York CNN, Black Americans, Union Army, Washington DC, Black American, United States Postal Service, UPS, FedEx, Nasdaq, New York Stock Exchange, Federal Reserve, Chase, Bank of America, TD Bank, Pew, Walmart, Target Locations: New York, United States, Galveston , Texas, Juneteenth
Opinion: Don’t focus on bracing for a Trump win
  + stars: | 2024-06-17 | by ( Dean Obeidallah | ) edition.cnn.com   time to read: +6 min
The article also cited an organization that is preemptively hiring a new auditor in case Trump were to direct the Internal Revenue Service to target the group during a second term. Trump is telling anyone who will listen what his dark goals are for a second term — from mass deportations to the construction of expansive detention camps for migrants to expanding his presidential power. Even the strategy detailed in Sunday’s New York Times article, which included using the courts to slow down a second-term Trump agenda, is far less likely to be successful this time. One reason for this is that in his first term, Trump was able to confirm more than 200 federal judges including three US Supreme Court justices that he personally appointed. That is why second-term resistance strategies only divert resources from the more pressing imperative at hand: keeping Trump from winning a second term.
Persons: Dean Obeidallah, Trump, ” Dean Obeidallah, Jay Inslee’s, Donald Trump, , There’s, , , scoundrels, I’m, stymie Trump’s, Aileen Cannon, Arizona Sen, John McCain, Dan Newhouse, David Valadao of, Mitt Romney, Trump’s, Mitch McConnell — Organizations: CNN, The New York Times, Democratic, ” Dean Obeidallah CNN, Washington Gov, Trump, Internal Revenue Service, Conservative Political, Republicans, Sunday’s New York Times, GOP, MAGA Republicans, Senate, Twitter, Washington Locations: ” America, , Wisconsin, American, Sunday’s, Arizona, David Valadao of California
And what would the upfront costs be to upgrade your system to allow for faster charging, if desired? Do the math on upfront cost, EV vs. hybridIf it's still a toss up between an EV and a hybrid, next consider upfront costs. By contrast, the average starting price for a hybrid car is $33,214, according to iSeeCars.com, a car search engine. Search for available auto rebates and incentivesIf you're leaning toward an EV, but still find the upfront cost daunting, look for possible rebates. He points to a study by Argonne National Lab that shows scheduled maintenance costs per mile are significantly lower for an EV versus a traditional hybrid or plug-in hybrid.
Persons: you've, Aston Martin, Sandeep Rao, there's, Rao, Steve Christensen, Maxwell Woody, Woody, Albert Gore, ZETA Organizations: Ford, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, Gallup, New York, EV, Chevrolet, Department of Energy, Battery Coalition, Progressive Casualty Insurance Company, of Michigan, University of Michigan, Argonne National Lab, Honda Locations: U.S, California, Florida, Texas
Rep. Lauren Boebert voted against a bill containing $20 million for the district she's abandoning. "Can't wait for the ribbon cuttings and to see these priorities come to fruition," she said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEarlier this month, Rep. Lauren Boebert voted against a must-pass government funding bill that contained more than $20 million for the Colorado district she's now abandoning. AdvertisementBoebert was among 40 House Republicans who voted on March 6 against the so-called "minibus" — which funds vast swaths of the federal government — despite having secured federal funding for their districts.
Persons: Lauren Boebert, , Boebert, Sleepy Joe, Nancy Pelosi —, It's, it's, she's, Ken Buck's, who's Organizations: Service, Republicans, Green, Deal, Green New, GOP, Rep Locations: Colorado, Wolf
Robert Hur, who had been appointed to investigate whether Biden mishandled classified documents, wrote that the president couldn’t recall in an interview with prosecutors the date when his adult son, Beau, died of cancer. And Biden recalled the specific date that Beau died, although he briefly wondered aloud about the year as the conversation toggled between various events. “Oh, God, May 30th.”A White House lawyer interjected by saying, “2015.”“Was it 2015 he had died?” Biden asked. Beau died while Biden was serving as vice president, and his deep sorrow helped deter him from running for president in 2016, when Trump ultimately defeated Hillary Clinton. Biden mentioned the death during an interview that Hur conducted on Oct. 8.
Persons: Joe Biden’s, Biden, Robert Hur, couldn’t, Beau, ” Biden, Hur, Hur didn't, , interjected, ” “, affirmatively, Donald Trump, Hunter, Trump, Hillary Clinton, , “ Beau, Hunt, ” Hur, ____, Zeke Miller Organizations: WASHINGTON, National Guard, Senate, Locations: Virginia, Iraq, Charlottesville , Virginia
9 to 0 — I’m going to say that again — 9 to 0, ruled that states can’t keep Donald Trump off their ballots. It’s how — Trump has said to his loyalists, I am your retribution, so maybe we should just look at this as a blueprint for retribution. He’s going to end up — when he gives his big convention speech, he’s going to end up making promises on economic policy, domestic policy, and so on. ross douthatSo here’s why I’m sort of — Carlos, especially to your point — like, trying to focus us on the sharpest possible conflicts. But if most of the country’s political and emotional energy is instead focused on Trump himself, rather than real, actual debates, then I think Trump is winning, period, and the country is losing.
Persons: carlos lozada, polgreen Wow, ross douthat, lydia polgreen, Kiefer Sutherland, carlos lozada Totally, michelle cottle Perfect, lydia polgreen You’re, Kiefer, I’m Ross Douthat, michelle cottle I’m Michelle Cottle, carlos lozada I’m Carlos Lozada, Lydia Polgreen, michelle cottle Chin, Biden, lydia polgreen It’s, , can’t, Donald Trump, Grover Cleveland, michelle cottle, Jesus, Donald Trump’s, Carlos Lozada, it’s, Carlos, ross, carlos lozada You, , Trump, Nikki Haley, carlos lozada Yes, He’s, United States — carlos lozada, carlos lozada Harold Meyerson, , Harold — carlos lozada —, michelle cottle —, — Trump, Trumpism, lydia polgreen Trump, carlos lozada —, part’s, michelle cottle You’re, Lydia, let’s, Michelle, — ross douthat Michelle, michelle cottle Oh, Hillary Clinton, — ross, lydia polgreen Get, michelle cottle Mexico’s, Mike Shear, Julie Davis’s, ” ross douthat, carlos lozada Michelle, michelle cottle I’m, George Floyd, I’m — ross, polgreen, I’m, — michelle cottle, he’s, lydia polgreen I’m, Dobbs, ross douthat Carlos, we’ve, unquote, carlos lozada Well, carlos lozada He’s, — carlos lozada Boo, Matt Iglesias, That’ll, that’ll, Peter Navarro, doesn’t, there’ll, lydia polgreen There’ll, carlos lozada Ross, there’s, ” michelle cottle, lydia polgreen Couldn’t, John Roberts, Peter Baker, Susan Glasser’s, Maggie Haberman’s, — michelle cottle Beat, ross douthat —, It’s, Asli Aydintasbas, she’s, Ross, Viktor Orbán, Joe Biden, ideologues, ross douthat Lydia, — carlos lozada, ross douthat Go, nope — ross, Miley Cyrus, it’s Truman, I’ve, lydia polgreen There’s, Bilbo, Martin Freeman, michelle cottle Big, michelle cottle Carlos, We’ve, carlos lozada You’re, We’ll, lydia polgreen Bye Organizations: New York, Republican, New York Times, Siena College, Trump, Heritage Foundation, Leadership, GOP, Republicans, HHS, Department of Health, Human Services, Department of Life, CDC, Department of Justice, Justice Department, National Guard, of Homeland Security, Democrats, Politico, America, United States Constitution, Swans, East, Brooklyn, Northwest Missouri State University, carlos lozada Business Locations: New, America, Douthat, , Washington, United States, lydia polgreen Get Mexico, Francisco, China, Turkish, Turkey, Manhattan, Brooklyn
Climate change has been described as a ticking time bomb, the threats of which extend beyond ecosystems and biodiversity to big financial impacts on households and the U.S. economy. Here's what to know, according to Rumbach and David Pogue, host of the podcast "Unsung Science" and author of "How to Prepare for Climate Change: A Practical Guide to Surviving the Chaos." Both experts were interviewed by CNBC during a recent discussion about climate change and its impact on personal finance. "Over time, each incremental increase in climate change is going to up the economic cost bit by bit," Rumbach said. But there are also steps they can take to prepare for the worsening effects of climate change.
Persons: Andrew Merry, Andrew Rumbach, David Pogue, Tim Wright, Rumbach, Pogue, There's, Justin Paget, Digitalvision Organizations: CNBC's, Finance, White, Urban Institute, CNBC, Bloomberg Creative, Bloomberg, Census, Getty, Starbucks, Urban Locations: U.S, Florida, Louisiana, New Orleans
For an example of how climate change is increasingly becoming a flashpoint in the culture wars, Germany is a good place to start. Meanwhile, Spain’s far-right Vox party vowed to defend the country against “the new climate religion.”But to understand why climate change and the culture wars have become so enmeshed globally, experts say the United States probably holds the key. It’s effective, it does scare people.”The origins of the climate culture war in the US lie in the early 1990s, when a new push for global climate action collided with big geopolitical change, McCright said. Lightning rod for right wing mediaConservative media has played an outsized role in fueling culture war narratives, according to experts. Fox has “been laying the groundwork necessary for positioning climate policies as a culture war issue for a long time,” she said.
Persons: , stoked, , Miranda Schreurs, Anger, Green, Kristin Brinker, Jörg, Stephan Lewandowsky, Rishi Sunak, , ” Sunak, Vox, Ron DeSantis, ” DeSantis, Aaron McCright, McCright, ” McCright, , Brandon Bell, Lewandowsky, “ you’d, ” Alec Tyson, Alexandria Ocasio, Cortez, Sen, Ed Markey, Allison Fisher, Fisher, Fox, didn’t, Ed Matthew, Matthew said, Jennie King, ” King, Germany —, Matthew of E3G, ” Schreurs, “ it’s Organizations: CNN, Green Party, Technical University of Munich, University of Bristol, British, Justice, Florida Gov, Republican, Michigan State University, Oil, Republicans, Pew Research, Pew, Conservative, Massachusetts, Green, Deal, Fox, Media, Institute for Strategic Locations: Germany, Charlottenburg, Berlin, Europe, United States, West Texas, Florida, American, Kyoto, Soviet Union, Federal, Midland , Texas, Alexandria, Cortez of New York
WASHINGTON (AP) — Lawyers for Donald Trump are raising new challenges to the federal election subversion case against him, telling a judge that the indictment should be dismissed because it violates the former president's free speech rights and represents a vindictive prosecution. Special counsel Jack Smith's team urged a judge last week to reject that argument and is expected to do the same for the latest motions. It is routine for defendants to ask a judge to dismiss the charges against them, but such requests are rarely granted. In Trump's case, though, the challenges to the indictment could at a minimum force a delay in a prosecution that is set for trial in Washington next March. Political Cartoons View All 1215 Images“The fact that the indictment alleges that the speech at issue was supposedly, according to the prosecution, ‘false’ makes no difference,” the defense wrote.
Persons: Donald Trump, Jack Smith's, , , , ” Smith's, Trump, Democrat Joe Biden, Smith, “ Biden’s, Biden, ___ Richer Organizations: WASHINGTON, , Biden, Department, Democrat, Capitol, Justice Department Locations: Washington, Boston
AdvertisementAdvertisementThe 2024 presidential election is quickly approaching — and there's a lot on the line for student-loan borrowers. While most federal borrowers were not required to make any payments for nearly three years of President Joe Biden's first term, they were also hopeful for broad debt relief. Now the Education Department is in the process of crafting a new plan under a different law. Here's what Republican presidential candidates are saying about the Education Department — and how it could impact millions of student-loan borrowers. And while private banks administer non-federal loans, borrowers with private debt often face higher interest rates without the option for federal relief.
Persons: , Joe Biden's, Biden, Donald Trump's, Betsy DeVos, Ron DeSantis, Education Department —, Nikki Haley, Tim Scott, Chris Christie, Vivek Ramaswamy, Ramaswamy, Thomas Massie, Massie, Pell, Ronald Reagan Organizations: Department, GOP, Education Department, Service, Republican, Federal Department of Education, of Education, Education Department —, Internal Revenue Service, Department of Commerce, Energy Department, Education, Washington, Federal Locations: Florida, Washington ,
Brad Gerstner, founder and CEO of private investing firm Altimeter Capital, says the U.S. is increasingly becoming a country of haves and have-nots. "I think in this country, everybody knows the wealth gap is at historic levels," Gerstner said last week at CNBC's Delivering Alpha investor summit. To close the gap, Gerstner says, American policymakers must harness the power of what investing sages have called the 8th wonder of the world. "The most powerful thing we have in the world to shrink the wealth gap is compounding," Gerstner said. "I started building this little snowball at the top of a very long hill.
Persons: Brad Gerstner, Gerstner, Warren Buffett, " Buffett, aren't Buffett Organizations: CNBC's, Alpha, Berkshire Hathaway, Invest Locations: U.S, haves, Invest America
Staff, meanwhile, have been forced to put their real jobs on hold to prepare for the looming shutdown. National parksThe National Park Service plans to close its parks and furlough park rangers if the government shuts down on Sunday. During the 2018-2019 shutdown, the parks themselves remained accessible, but without most services. Some presidential libraries would remain open as long as they have sufficient funds, but others would close and research services would be reduced. A shutdown would result in a "data blackout" of critical economic statistics that influence markets and businesses around the globe.
Persons: Donald Trump, that's, Biden, Joshua, Armando L, Sanchez, Pete Buttigieg, they're, White, Treasury Department furloughed, shutdowns Organizations: Yosemite, Fresno Bee, Tribune, Service, Getty, White House Council, Economic Advisers, Management, Staff, National Park Service, Park Service, Department of Interior, NBC, Congressional Research Service, National Zoo, U.S . Holocaust, Museum, National, Science, National Science Foundation, National Institutes of Health, Centers for Disease Control, Prevention, FBI Agents Association, FBI, Air, Transportation Security, LaGuardia, TSA, O'Hare International, State Department, Consular, Education Department, AmeriCorps, Agriculture Department, Assistance, Women, Small Business Administration, Federal Housing Administration, Social, Consumer, Food and Drug Administration, Consumer Product Safety, Environmental Protection Agency, Occupational Safety, Health Administration, Labor, , Social Security, Medicare, Treasury Department, Foreign Assets Control, Russia Locations: El Capitan, Yosemite Valley, Washington, Civil, U.S, Europe, Southeast Asia, New Mexico, shutdowns, New York, Chicago, Russia, Iran, Ukraine
Mark Meadows wants his criminal case moved to federal court, under an Obama-appointed judge. A federal judge may be more sympathetic to arguments that he's immune from the case, experts say. Meadows, Clark, and several other defendants have asked to have their cases removed to federal court. "A federal court judge might be more sympathetic to some of their federal constitutional defenses that they might want to raise," Ratakonda told Insider. A state court proceeding would also take in jurors from Fulton County, which voted overwhelmingly for Biden in 2020.
Persons: Mark Meadows, Obama, Trump, Mark Meadows —, Donald Trump's, , Barack Obama, Fani Willis, Jeffrey Clark, Joe Biden's, Meadows, Ronald Carlson, it'll, Mai Ratakonda, Ratakonda, Steve C, Jones, Clark, David Shafer, Cathleen Latham, Biden, Donald Trump, Sarah Silbiger, Norm Eisen, Brad Raffensperger, they're, Eisen, Azmi Haroun Organizations: Service, Meadows, Justice, Trump, University of Georgia School of Law, United Democracy Center, White, Prosecutors, Georgia, States United Democracy Center Locations: Wall, Silicon, Fulton County, Trump, Georgia, Joe Biden's Georgia, Meadows, Clark
Jordan, who sits atop the powerful House Judiciary Committee, has embarked on a fishing expedition at Facebook, demanding Zuckerberg turn over reams of internal documents that pertain to Meta’s content moderation decisions. In effect, Jordan is coercing Zuckerberg into turning over documents that will then be used to mendaciously smear the Meta chief’s company. Meta, for its part, had previously said it had already turned over thousands of pages of documents and was cooperating with the committee. Most news organizations gave Jordan’s “Facebook Files” entry little attention on Thursday. In this case, the awesome powers of the federal government are being weaponized to threaten Zuckerberg into handing the information over.
Persons: Jim Jordan, Mark Zuckerberg, Jordan, Zuckerberg, coercing Zuckerberg, Meta, ” Jordan, Joe Biden, , Hunter Biden, — Jordan, X’d, Biden, Jordan’s, Donald Trump, Federal Government — Organizations: CNN, Ohio Republican, Meta, Judiciary, Facebook, Elon, GOP, White House, White, Twitter, OF, Fox News, Federal Government Locations: Silicon, Jordan
When RFK Jr. jumped into the Democratic presidential race, his last name immediately turned heads. But controversial remarks have hurt him among Democrats, while GOP voters feel the opposite way. In a new Morning Consult survey, RFK Jr. is underwater with Dems but is viewed favorably by GOP voters. Among likely GOP voters that month, Kennedy Jr. was seen favorably by 42% of respondents, with 25% viewing him unfavorably. DeSantis on Wednesday floated Kennedy Jr. as someone he'd consider for a role at the Food and Drug Administration or the Centers for Disease Control and Prevention should he win the presidency.
Persons: Robert F, Kennedy Jr, Joe Biden, Kennedy, baselessly, Kerry Kennedy, Joe Kennedy III, Debbie Wasserman, Schultz, Schultz of Florida, Donald Trump, Ron DeSantis, DeSantis, Organizations: RFK Jr, Democratic, GOP, Service, Biden, Republican, The New York Post, Federal Government, Republicans, Schultz of, COVID, Gov, Food and Drug Administration, for Disease Control Locations: Wall, Silicon, Florida
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