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Postal Service. Trump nodded toward a possible move to privatize the Postal Service at a news conference at his Mar-a-Lago residence in Florida. Asked about the agency, Trump said privatization was “not the worst idea I’ve ever heard,” adding that “we’re looking” at it. The Postal Service did not immediately respond to a request for comment on Trump's remarks. The Postal Service ranks second only to the National Park Service in popularity among government entities, according to a survey this year by the Pew Research Center.
Persons: Donald Trump, Joe Biden, Trump, I’ve, , Postmaster General Louis DeJoy, Biden, Anton Hajjar, Governors —, Hajjar, , DeJoy, Gerry Connolly, Biden’s Organizations: U.S . Postal Service, Trump, Postal Service, Governors, Postmaster, Senate, Monday, American Postal Workers Union, National Park Service, Pew Research Center, Republicans, Washington Post, of Governors, FedEx, UPS, Locations: Florida, U.S, Hajjar, D
Now, Americans may have to actually brace for stagflation — something the nation’s economy hasn’t experienced in over half a century. Just over a month from now, Trump will have the power to levy tariffs on other nations at the flick of a pen. When the Fed responded to high levels of unemployment in the 1970s by cutting rates to relieve pressure businesses faced, it later had to contend with higher inflation. The path to stagflationThe tariffs Trump has floated aren’t inherently inflationary, Michael Feroli, chief US economist at JPMorgan, told CNN. But higher tariffs can quickly fuel cascades of price increases if Americans expect higher inflation because of them and demand higher wages, which, in turn, could result in businesses continuing to raise prices.
Persons: Jamie Dimon, JPMorgan Chase —, , ” Dimon, Jerome Powell, , Donald Trump, Trump, ” Powell, Marty Lederhandler, it’s, It’s, Michael Feroli, Feroli, Stagflation, Wells, Organizations: New, New York CNN, JPMorgan, Wall, Fed, Trump, CNN Locations: New York, stagflation, New York City, U.S
A NY judge Monday denied Trump's demand that his hush-money case be dismissed on immunity grounds. Judge Juan Merchan said the SCOTUS immunity decision found a president is not above the law. Donald Trump's 11th-hour bid to toss his hush-money case prior to Inauguration Day — on presidential immunity grounds — was rejected Monday by a Manhattan judge. Presidential immunity does not apply to the hush-money case because the case hinged on "decidedly personal acts," Merchan found, agreeing with arguments by Manhattan District Attorney Alvin Bragg. They also argued that presidential immunity, as bestowed by SCOTUS in June, extends to presidents-elect.
Persons: Juan Merchan, SCOTUS, Donald Trump's, , Prosecutors, Trump, Monday's, Merchan, Attorney Alvin Bragg, Stormy Daniels, Trump's, Hope Hicks, Hicks, Merchant Organizations: Trump, Manhattan, Attorney, Lawyers, White House, Prosecutors Locations: Manhattan, United States
Opinion The Editorial Board ThePresident’sArsenalIn the United States, only the president can decide whether to use nuclear weapons. On the campaign trail, Mr. Trump commented on the peril posed by the rest of the world’s growing nuclear arsenals. This article is part of the Opinion series At the Brink,about the threat of nuclear weapons in an unstable world. Now it will be the job of President Trump to pull the world back from the brink. Referring to Mr. Putin, Mr. Trump said in 2023, “He goes, ‘You know, we’re a great nuclear power.’ He says that publicly now.” Mr. Trump added, falsely: “He never said that when I was here.
Persons: Donald Trump, It’s, Trump’s, Trump, ” Mr, , , Vladimir Putin of, isn’t, Yoon Suk, Volodymyr Zelensky, Barack Obama, Kim Jong, Masoud Pezeshkian, Putin, Mr, we’re, Xi Jinping, hasn’t, James Martin, Robert O’Brien, , O’Brien’s, O’Brien, benignly, they’ve, Ronald Reagan’s, Christopher Miller, Edward Markey of, Ted Lieu, He’d, Dwight Eisenhower, Nikita Khrushchev, John F, Kennedy, swaggering, Ronald Reagan, Mikhail Gorbachev Organizations: . Air Force, Arsenal, White House, U.S . Air Force, Service, . Service, Vandenberg Space Force Base, Vandenberg Space Force, United, Biden administration’s, South, NATO, America, Soviet Union, Cuban Missile Crisis, International Physicians, Prevention, Hiroshima, Air Force, Nuclear Weapons, Nuclear Forces Treaty, Politico, Planet Labs PBC, James, James Martin Center, Nonproliferation Studies, Middlebury Institute of International Studies, Heritage Foundation, Vandenberg, Foreign Affairs, Russian, Air, can’t, Pentagon, U.S . Army Special Forces, Trump White House, Edward Markey of Massachusetts, Republican, Congress, Minuteman, ., Marshall, Nazis Locations: California, United States, America, China, Russia, Great, Vladimir Putin of Russia, Ukraine, India, Pakistan, Korea, Gaza, Israel, Iran, Japan, Germany, Poland, Hiroshima, Nagasaki, New York, North Korea, Nevada, Washington, States, U.S, Ted Lieu of California
WASHINGTON — TikTok on Monday asked the Supreme Court to block a law that could potentially ban the video-based social media app, which has millions of American users. TikTok has challenged the law, saying it violates the free speech rights of the company under the U.S. Constitution's First Amendment. TikTok asked the Supreme Court to act by Jan. 6. If the Supreme Court temporarily blocks the law, it would tee up a final decision from the justices on whether the law passes constitutional muster. The individual challengers filed their own application at the Supreme Court.
Persons: WASHINGTON — TikTok, Joe Biden, Donald Trump, ByteDance, TikTok, Jan, Michael Hughes, Trump, Shou Zi Chew Organizations: Monday, Congress, Foreign, U.S, Supreme, Inc, Appeals, District of Columbia Circuit, TikTok's Locations: American, U.S, Florida
China's retail sales grew 3% on-year in November, missing expectations and showing weak demand. The property crisis and low consumer confidence are dragging down China's economic recovery. AdvertisementIn November, China's retail sales — a measure of consumption — grew 3% from a year ago, according to official data released on Monday. Related storiesChina is mired in an epic property crisisChina is grappling with a years-long property crisis. China's retail sales data came about a month ahead of President-elect Donald Trump's inauguration.
Persons: Lynn Song, Song, Vishnu Varathan, Donald Trump's, Trump, Hong Organizations: Reuters, Mizuho Securities Locations: China, Greater China, Beijing, Asia, Japan
After the January deadline, US app stores and internet services could face hefty fines for hosting TikTok if it is not sold. TikTok wants Supreme Court to freeze lawCongress passed the ban with bipartisan support earlier this year and President Joe Biden signed it into law in April. If the Supreme Court does not intervene, the ban would take effect a day before Trump takes office. Attorneys for TikTok are asking the Supreme Court to temporarily block the ban to give the company time to ask the justices to review their challenge to it. But First Amendment protections are not absolute, and the DC Circuit unanimously upheld the law on national security grounds.
Persons: Donald Trump, TikTok, Shou Chew, Chew, Trump, ” Trump, Kamala Harris, ByteDance, Joe Biden, , Elena Kagan, Organizations: CNN, Lago, Monday, Trump, Congress, DC, DC Circuit Locations: United States, Trump’s Florida, Washington
TikTok on Monday asked the Supreme Court to block a law that could effectively ban the popular social media app in the United States by Jan. 19. In its request Monday to the Supreme Court, TikTok's lawyers wrote, "Congress has enacted a massive and unprecedented speech restriction. The company's attorneys argued there is a "strong public interest" in having the Supreme Court review the appeals court ruling upholding the law in question. "The Act will shutter one of America's most popular speech platforms the day before a presidential inauguration," the filing said. In a statement posted on its X social media account, TikTok Policy said, "The Supreme Court has an established record of upholding Americans' right to free speech."
Persons: TikTok, Jan, Donald Trump, Shou Zi Chew, Trump, Joe Biden Organizations: Monday, NBC News, Google, Apple, U.S, U.S ., Washington , D.C, Foreign, Congress Locations: Washington , DC, United States, Trump's, Lago, Palm Beach , Florida, Washington ,
Meet the Press – December 15, 2024
  + stars: | 2024-12-15 | by ( ) www.nbcnews.com   time to read: +53 min
SEN. LINDSEY GRAHAM:Yeah, I'm in a good place with Pete, unless something I don't know about comes out. Unless somebody is willing to come forward, I think he's going to get through. If he's, if he’s called to do something, he's going to do it, all the way. So I – I think he's going to have a hard time doing this. He was very clear, “no,” when I asked him should President-elect Trump, his administration, jail the January 6th committee members.
Persons: KRISTEN WELKER, Chris Wray, he’ll, Donald Trump's, Kash Patel, KASH PATEL, SEN, LINDSEY GRAHAM, AMY KLOBUCHAR, Biden, ANITA DUNN, Lindsey Graham of, Bernie Sanders, Bashar al, Assad, there’s, Austin Tice, PRES, JOE BIDEN, Debra Tice, Ryan Nobles, Amna Nawaz, Ashley Etienne, Harris, Peggy Noonan, It’s, Kristen Welker, Trump's, Trump, Pete Hegseth, Tulsi Gabbard, Hegseth, Joni Ernst, PETE HEGSETH, THOM TILLIS, LISA MURKOWSKI, Hunter Biden, Anita Dunn, Christopher Wray, CHRISTOPHER WRAY, I’d, FBI Hoover, Patel, Graham, SEN.LINDSEY GRAHAM, Bashar Al Assad, , King, Jordan, Pete, , Kavanaugh, Justice Kavanaugh, we're, I've, He's, We’ll, he's, Lisa Murkowski, Thom Tillis, Donald Trump, LINDSEY GRAHAM Well, J, Edgar Hoover, Comey, – SEN, , you've, Stephen Miller, President Trump, Merry, Sanders, Press . SEN, BERNIE SANDERS, It's, ? SEN, Kristen, Lindsey Graham, Biden's, Hunter, DAVID MUIR, Will, Kristen –, Putin, Brian Thompson, Elizabeth Warren, ELIZABETH WARREN, Warren, , Elizabeth –, There's, Am, Yep, ” KRISTEN WELKER, We're, We'll, Austin's, Tice, DEBRA TICE, Austin, NBC News's Richard Engel, Sahar, Richard, we’re, They've, they're, we've, Richard Engel, Travis Timmerman, it's Austin, it's, Travis, let's, he’s, Kristine, Bill Clinton, Roger, Joe Lieberman, JOE LIEBERMAN, there's, TIM, You'll, Kamala Harris, ” Peggy, Ryan, RYAN, Matt Gaetz, Robert F, Kennedy Jr, Amna, – AMNA NAWAZ, AMNA NAWAZ, Wray, Peggy, PEGGY NOONAN, sparky, Ashley, ASHLEY ETIENNE, Tulsi Gabbard's, I'm, Joe Biden, Gaetz, – KRISTEN WELKER, – there's Organizations: FBI, Trump, White, Vermont, NBC, Capitol Hill, PBS, Wall Street, Press, Capitol, Army - Navy, Fox News, Iowa, Senate, Republican, TRUMP, ISIS, Defense, intel, United States Senate, Press ., Justice Department, ?, Biden, FDR, RFK Jr, State Department, Austin, U.S, Hostage, NBC News, Wall Street Journal, America, Republican Party, Department of Health, Human Services, RFK, Bureau, Democrats Locations: Lindsey Graham of South Carolina, Syria, Washington, U.S, America, Europe, Saudi Arabia, UAE, Israel, United States, Turkey, Afghanistan, Russia, Russian, Vermont, New Jersey, East Coast, American, Damascus, Austin, Lebanon,
"It is clear that China is setting the stage to increase stimulus in 2025, potentially to counteract any adverse trade policies from the incoming Trump administration," Costello said. Cambridge Associates is neutral on Chinese stocks, wanting to see more evidence of a pickup in growth. "With recovery of China's hospital procurement for medical equipment from September, we foresee a growth rebound for the China medical device sector in 2025," the HSBC analysts said. Snibe, traded in the Shenzhen market, can see 19% earnings growth, with Mindray profits expected to climb 15%. In contrast, this year's rally in Chinese stocks could snap multiple years of declines.
Persons: Aaron Costello, Stocks, Trump, Costello, Biden, Donald Trump, CNBC's Jim Cramer, Xi Jinping, Karoline Leavitt, Xi, Paul Christopher, Christopher, Wells, Downside, — CNBC's Michael Bloom Organizations: Cambridge Associates, Ministry of Finance, HSBC, Imaging, New York Stock Exchange, Fox News, Macro Research, Reuters, Citigroup, Wells, Wells Fargo Investment Institute Locations: Asia, Beijing, China, Shanghai, Shenzhen, U.S, Wells Fargo, Hong Kong
Insider Today: Tech's new biggest argument
  + stars: | 2024-12-15 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
This post originally appeared in the Insider Today newsletter. DOGE today, gone tomorrowElon Musk and Vivek Ramaswamy are promising to make sweeping changes through the Department of Government Efficiency. AdvertisementThe Department of Government Efficiency, or DOGE, has arguably garnered more attention than Trump's plans for tax cuts, tariffs, and immigration. To get a better sense of what DOGE might ultimately do, we mapped out all the areas Musk and Ramaswamy have hinted at making cuts. A Pimco economist highlighted DOGE as one of the key ways Trump can reduce the risk from America's soaring debt.
Persons: Elon Musk, Vivek Ramaswamy, Dia Dipasupil, Anna Moneymaker, Natalie Ammari, isn't, Donald Trump, Ramaswamy, Trump, Luigi Mangione, Brian Thompson, Mangione, Jonathan Moscrop, Rebecca Zisser, Gordon Singer, Elliott, Paul Singer, Singer, What's, Gordon ., Kyle Vogt Organizations: Business, Spotify, Department of Government, President, Government, Bank for International, Altoona Police, Getty, Ivy League, Elliott Management, Kruze Consulting, TRITON, University of Miami T.J, Oracle Locations: Baltimore, American
Getting into the governor’s race, top Harris advisers believe, would require making her intentions clear at the latest by the summer of 2025. “Running for governor would be a step down, and it would interfere with her ability to run for president again,” the person said. More than one person has noticed she has not shut down the conversation when the topic of running for governor has come up. To run for governor now would be to go for a job Newsom is done with – and likely while watching him make an expected run for president of his own. If she decided to run for governor, I’m sure we would have a conversation first,” Kounalakis said.
Persons: Kamala Harris, Joe Biden, Harris, Donald Trump, , , , “ I’m, Trump, Biden’s, there’s, swirled, Richard Nixon, Grover Cleveland, , Biden, Arnold Schwarzenegger, Ronald Reagan, Jerry Brown, There’s, Gavin Newsom, Newsom, California Harris, that’s, Katie Porter, Gov, Eleni Kounalakis, ” Kounalakis, Antonio Villaraigosa, Toni Atkins, Rick Caruso, “ Kamala Harris, Ro Khanna Organizations: CNN, California, Democratic, California Democratic, Naval, White, Electoral College, Naval Observatory, Biden, Trump, Senate, University of California, Los Angeles, California Democrats Locations: Washington, DC, California, Irvine, , Los Angeles
Hegseth’s book is an odd mix of slogans and unsupported assertions about the purportedly “Marxist” and “woke” US military. CNN asked the Trump transition for comment on the claims made in Hegseth’s book. In his book, Hegseth is very exercised about the role of women in combat because he says women are less effective fighters. There could also be a battle over the question of “Who lost Afghanistan?” — which Hegseth squarely blames the generals for. In his book, Hegseth is silent on the big issues that a future secretary of defense might have to face, such as the Chinese possibly invading Taiwan.
Persons: Pete Hegseth, Donald Trump’s, Jim Mattis, Lloyd Austin, Leon Panetta, Robert Gates, Hegseth, , , it’s, Charles “, ” Brown, Brown, Mark Milley, Trump, Biden, Joe Biden, Trump’s, Xi Jinping Organizations: CNN, Washington, Fox News, Pentagon, RAND, Joint Chiefs of Staff, US, Joint Chiefs, US Special Forces, State Department, National Guard, Associated Press Locations: United States, Afghanistan, Iraq, Bear Stearns, New York City, Jerusalem, Washington ,, Taiwan
Big Tech companies and CEOs are already lining up six-figure donations to Donald Trump's inauguration. There are virtually no limits on inaugural donations, meaning Big Tech companies can cut massive checks. Big Tech companies and the moguls behind them are preparing to make six-figure donations to President-elect Donald Trump's inaugural committee. This time, Trump's inaugural offers one final major opportunity for CEOs to curry influence with the president-elect at his peak. AdvertisementRepresentatives for Amazon, Meta, and Trump's inaugural did not immediately respond to a request for comment from Business Insider.
Persons: Donald Trump's, Sam Altman, Jeff Bezos, Mark Zuckerberg's Meta, Trump's, Craig Holman, Holman, you've, Jeff Hauser, Sheldon Adelson, Trump, OpenSecrets, Obama, Hauser, Mark Zuckerberg, Hunter, Zuckerberg, Priscilla Chan, Bezos, Kamala Harris, Altman, Elon Musk, Joe Biden's, Biden Organizations: Big Tech, Meta, Public Citizen, Vegas Sands, Trump's, Trump, Tech, Google, York, Amazon, Washington, Microsoft, The New York Times DealBook Summit, America, Business Locations: Washington, Trump's Washington
Trump's decision to invite China's Xi Jinping to his inauguration surprised many observers. When President-elect Donald Trump invited China's President Xi Jinping, the leader of the US' biggest geopolitical rival, to his January inauguration on Thursday, it came as somewhat of a surprise. But Trump has long reveled in unpredictability, and has often balanced his confrontational China policies with years of lavishing praise for Xi. AdvertisementSome see Trump's invitation as the latest power play designed to imbalance Xi and reset US-China relations. All of this makes it highly unlikely that Xi will want to come to the US to clap as Trump is sworn in as president.
Persons: China's Xi Jinping, Trump, Donald Trump, Xi Jinping, Xi, Kerry Brown, Ali Wyne, Wyne, Neil Thomas, Thomas, Trump's, Brown Organizations: China's, Asia Pacific, Chatham House, Lau China Institute, King's College, Crisis, Asia Society, Center for, ABC News, Nvidia, Trump, Bloomberg Locations: China, London, Trump, Center for China, loggerheads, Russia, Ukraine, Taiwan, combatting
When Donald Trump clinched a decisive victory in the 2024 presidential election last month, Stanley Black & Decker executives knew they had a problem on their hands. The day after the Nov. 5 election, Club stock Stanley Black & Decker declined nearly 2%. Stanley Black & Decker, founded in 1843 as Stanley Works, is one of thousands of companies mulling over strategies to offset the kind of pressure that rising tariffs would present. Since labor and property are less expensive in the world's second-largest economy, big companies like Stanley Black & Decker have historically moved production there to save money. Stanley Black & Decker power drills are displayed for sale at a Home Depot store in Colma, California.
Persons: Donald Trump, Stanley Black, Decker, Patrick Hallinan, Trump, Garth Hankinson, Jim Cramer's, Goldman Sachs, Joe Ritchie, that's, Ritchie, Hallinan, That's, there's, Stanley, Jim Cramer, Jim, David Paul Morris Organizations: Stanley, Constellation, Modelo, Jim Cramer's Charitable Trust, CNBC, Club, U.S, Trump, Materials Conference, Lowe's, Home, Goldman's, Industrials, Bloomberg, Getty Locations: Mexican, Corona, Pacifico, China, New York City, Goldman's U.S, Colma , California
A man walks by the Bank of America headquarters in New York on July 18, 2023. Bank of America, the second-largest U.S. lender, and investment bank Goldman Sachs plan to contribute to President-elect Donald Trump's inaugural committees, but have yet to decide on the amount, spokespeople for each bank said Friday. BofA, along with JPMorgan Chase & Co, were the two largest bank contributors to Trump's 2017 inauguration. Bank of America contributed $1 million to both Trump's first inaugural fund and to President Joe Biden's in 2021. JPMorgan donated $500,000 for Trump's 2017 inaugural festivities.
Persons: Goldman Sachs, Donald Trump's, BofA, Trump's, Joe Biden's Organizations: Bank of America, U.S, JPMorgan Chase &, JPMorgan, Federal, Commission, Trump's Locations: New York
CNN —Nearly three dozen of President-elect Donald Trump’s picks to serve in his incoming administration donated to his campaign or to the deep-pocketed outside groups that worked to elect him, a CNN analysis of federal campaign records shows. In all, the SpaceX and Tesla chief executive donated more than $277 million to federal elections this cycle, the lion’s share of which – more than $262 million – benefited Trump. “Millions of Americans fed up with failure in the White House and federal government joined President Trump in the movement to restore our nation’s greatness. The total donations from Trump’s current Cabinet picks marks a surge from Trump’s first term. McMahon was the largest donor among Trump’s Cabinet picks and the second most generous contributor, after Musk, among the administration members announced through Tuesday, the review found.
Persons: Donald Trump’s, Elon Musk, , Linda McMahon, Trump, Elise Stefanik, Mike Waltz, Musk, Brendan Glavin, ” Glavin, , ” Brian Hughes, McMahon, Joe Biden’s, Cantor Fitzgerald, Howard Lutnick, Scott Bessent, Georgia Sen, Kelly Loeffler, Loeffler’s, Jeff Sprecher, Sprecher, Caitlin O’Dea, Loeffler, Trump’s, Kamala Harris, , Fred Wertheimer, ” Musk, Tom Davis, Warren Stephens, Charles Kushner, Kushner, Tom Barrack, Steve Witkoff Organizations: CNN, Trump, Education Department –, New York, Florida Rep, of, Capitol, SpaceX, Tesla, White, SBA, White House, Inc, PAC, Cabinet, Treasury Department, Small Business Administration, Trump MAGA Inc, Intercontinental Exchange, New York Stock Exchange, Democratic, Democracy, Republicans, ambassadorships Locations: Georgia, Virginia, Europe, Arkansas, France, Turkey
Some schools are specifically advising students to arrive before President-elect Donald Trump’s inauguration on Jan. 20. The University of Southern California, Cornell University, Harvard University and the Massachusetts Institute of Technology are among the schools that have advised concerned students to return to campus early. Though it’s unclear whether Trump will reinstate the ban, students have expressed concern over past controversial statements he’s made about deporting protesters on college campuses. For Chinese students especially, this post-Covid fear coincides with a dip in their enrollment numbers at U.S. schools. “Given the tensions with China and the large number of students from China, there is this uncertainty,” Khanna said.
Persons: Tracey Pauline Albert, Donald Trump’s, ” Albert, , ” Tracey Pauline Albert, Albert, Cornell, , Gaurav Khanna, Joe Biden, Trump, he’s, ” Trump, ” Khanna Organizations: Columbia University, Columbia, University of Southern, Cornell University, Harvard University, Massachusetts Institute of Technology, Public Administration, NBC, Trump Administration …, Global Affairs, University of Massachusetts, Harvard, Cornell, University of California, Locations: India, University of Southern California, U.S, San Diego, Canada, New Jersey, China
Trump advisers are still solidifying their approach to January 6, 2021, pardons, several people in touch with the transition told CNN. And defense attorneys are scrambling to get clarity and convince the incoming administration that their clients are deserving. In a Time Magazine interview conducted last month and published Thursday, the president-elect said he would look at rioters’ cases individually. “If they were non-violent, I think they’ve been greatly punished,” he said. A handful of lawyers representing Capitol rioters told CNN they’ve been reassured by at least one Trump transition staff member that the January 6 pardons will happen quickly after the inauguration, in an attention-grabbing move by Trump that he is prioritizing.
Persons: Donald Trump, Trump, , “ I’m, , CNN they’ve Organizations: Capitol, CNN, Trump
Tech previews their Trump 2.0 playbook
  + stars: | 2024-12-13 | 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 EmailTech previews their Trump 2.0 playbookCNBC's Deirdre Bosa joins 'The Exchange' to report on Big Tech's donations to Donald Trump's inauguration and how it could be a preview of the relationship under the president-elect's new term.
Persons: Deirdre Bosa, Donald Trump's Organizations: Tech, Trump, Big
It's not new for rich people and big companies to donate to presidential inaugurations. That's at least in part because it's so public — the money is less important than the message. They're all donating $1 million to Donald Trump's inauguration fund. Which is why we can see it's also not unheard of for Big Tech companies to make inaugural donations. AdvertisementThere's also the fact that while Trump and his allies continue to insist that they want to cut regulations, they also insist that they'll be cracking down on Big Tech.
Persons: It's, Mark Zuckerberg, Jeff Bezos, Mark Zuckberg, Sam Altman, Donald Trump's, Sundar Pichai, wouldn't, Trump's, Joe Biden's, Uber, Altman, Trump, , Zuckerberg, Bezos, There's, Donald Trump, Tim Cook, I've, Cook Organizations: Trump, Big Tech, Microsoft, Google, Washington, Apple
Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos have a particularly sketchy past with President-elect Donald Trump. Meta donated $1 million to the inauguration, the company confirmed to CNBC, weeks after Zuckerberg dined with Trump privately at his Mar-a-Lago resort. Trump has been a vocal critic of tech companies, and he signaled earlier this month that he won't shy away from antitrust enforcement. The incoming president nominated Gail Slater, who advised Trump on tech policy during his first term, to head the Department of Justice's antitrust arm. In his first term, Trump repeatedly attacked Bezos and his companies, Amazon and The Washington Post, accusing them of dodging taxes or publishing "fake news," among other things.
Persons: Donald Trump, Mark Zuckerberg, Jeff Bezos, Sam Altman, Elon Musk, Trump, " Altman, Altman, Meta, Zuckerberg, Gail Slater, Bezos, Trump's Organizations: National Guard Association of, United States, 146th General Conference & Exhibition, Place, Amazon, America, CNBC, Trump, Wall Street, Tech, Little Tech, Truth, Meta, Washington, U.S . Postal Service, Department of Defense, Musk's SpaceX Locations: United, Detroit , Michigan, Lago, Little
OpenAI CEO Sam Altman was the latest to give $1 million to Trump's inaugural fund. Tech leaders are angling to get or stay in his good graces and help shape his administration's tech policy. The president-elect is receiving donations to his inaugural fund from the likes of Mark Zuckerberg through Meta, Jeff Bezos through Amazon, and OpenAI CEO Sam Altman. AdvertisementMeta confirmed to BI earlier this week that it's donating $1 million to Trump's inaugural fund. Spencer Platt/Getty ImagesZuckerberg and Trump shared dinner at Mar-a-Lago last month months after Trump had threatened to imprison Zuckerberg if re-elected.
Persons: Donald Trump, Sam Altman, Donald Trump's, Mark Zuckerberg, Jeff Bezos, Meta, it's, OpenAI's Altman, Altman, OpenAI, Trump, , Sundar Pichai, Spencer Platt, Zuckerberg, Nick Clegg, Bill Ackman, Jane Fraser, Brian Cornell, Michael Miebach, Goldman Sachs, David Solomon, Hans Vestberg Organizations: Tech, Meta, Amazon, Financial, Fox News, Trump, White House, Big Tech, CNBC, Google, Justice Department, Chrome, New York Stock Exchange, Getty, Mar, Lago, Pershing, Citigroup, Mastercard, Verizon Locations: Mar
U.S. President Donald Trump, right, and Xi Jinping, China's president, walk past members of the People's Liberation Army (PLA) during a welcome ceremony outside the Great Hall of the People in Beijing, China, on Thursday, Nov. 9, 2017. During his election campaign, Trump had threatened to impose tariffs in excess of 60% on China. Earlier this month, the Joe Biden administration announced broader restrictions on U.S. exports of advanced memory chips and chipmaking machineries to Chinese companies. President Xi reiterated on Tuesday that he had "full confidence" to achieve this year's growth target, calling the country "the biggest engine of world's economic growth." Overtures but not capitulationEarlier this week, CBS reported that Trump had invited the Chinese leader to attend his inauguration next month.
Persons: Donald Trump, Xi, Qilai Shen, Xi Jinping, Kenneth Jarrett, Jarrett, Shen Meng, Trump, Joe Biden, machineries, Daniel Balazs, Sam Radwan, Derek Scissors, Gabriel Wildau, Teneo Organizations: People's Liberation Army, PLA, of, People, Bloomberg, Getty, U.S, U.S ., China Business Council, Albright, Trump, America, Chanson, Rajaratnam, of International Studies, Nvidia, CNBC, CBS, American Enterprise Institute Locations: Beijing, China, U.S, Washington
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