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☆ Trump says he doesn't 'believe' Americans will pay more under his tariff plan but 'can't guarantee anything'
▼ + stars: | 2024-12-08 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

But, he told Kristen Welker on NBC's "Meet the Press" on Sunday, "I can't guarantee anything." "I can't guarantee anything," Trump told "Meet the Press" moderator Kristen Welker in his first major network television interview since the November general election. "We took in hundreds of billions of dollars and we had no inflation," the president-elect told Welker. "We're subsidizing Mexico, and we're subsidizing Canada, and we're subsidizing many countries all over the world. AdvertisementAcross the United States, Trump cut into traditional Democratic advantages with working-class voters and minority groups, with many siding with him at the ballot box over his focus on inflation.

Persons: Trump, Kristen Welker, Donald Trump, Welker, Justin Trudeau of, Trudeau, Claudia Sheinbaum, Kamala Harris, Joe Biden's, Harris Organizations: NBC, Trump, Mar Locations: Canada, China, Mexico, United States, Justin Trudeau of Canada

☆ Can Trump save TikTok? Here's where his cabinet picks stand on a TikTok ban.
▼ + stars: | 2024-12-08 | by ( Kenneth Niemeyer | John L. Dorman | ) www.businessinsider.com time to read: +3 min

AdvertisementPresident-elect Donald Trump's views on whether TikTok, which a Chinese company owns, poses a threat to the United States have shifted 180 degrees. In 2020, Trump unsuccessfully sought to ban TikTok in the United States but has since had a change of heart. Some of Trump's top cabinet nominees support a TikTok ban. TikTok has denied accusations that it influences content inside the United States or is addictive to children. A spokesperson for TikTok told Business Insider that the TikTok ban law was "conceived and pushed through based upon inaccurate, flawed and hypothetical information, resulting in outright censorship of the American people."

Persons: Donald Trump, Trump, he'll, Donald Trump's, TikTok, Biden, Sen, Marco Rubio, Marco Rubio of Florida —, Trump's, Brendan Carr, Carr, John Ratcliffe, Ratcliffe, Doug Burgum, Kristi Noem Organizations: America, Federal Communications Commission, Republican, Heritage Foundation, Fox News, Homeland Security, TikTok Locations: United States, Marco Rubio of Florida, Beijing, TikTok, North Dakota, South Dakota

☆ Kamala Harris' campaign has $1.8 million left in the bank after spending over $1 billion to defeat Donald Trump
▼ + stars: | 2024-12-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

The Harris campaign has $1.8 million cash after spending over $1 billion in the 2024 race. Throughout her campaign, Harris raised more than $1 billion, a stunning figure that mirrored the quick rise of her campaign. New federal filings show that the Harris campaign had $1.8 million remaining in the bank after spending over $1 billion against Trump in the presidential race. The Trump campaign raked in nearly $87 million during that same period and spent $113 million, the president-elect's campaign filings indicated. AdvertisementBusiness Insider reached out to the Harris campaign for comment.

Persons: Harris, Donald Trump, Joe Biden, Kamala Harris, Trump, Biden Organizations: Democratic, Trump, FEC, New York Times, Republican National Committee Locations: Georgia, Pennsylvania

☆ National security advisor Jake Sullivan says Biden told him to oversee a 'massive surge' of weapons deliveries to Ukraine before his term ends
▼ + stars: | 2024-12-01 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Jake Sullivan told ABC News that Biden aims to help Ukraine "strengthen' its position. National security advisor Jake Sullivan on Sunday said President Joe Biden was doing what he could to "strengthen" Ukraine's position as the commander-in-chief prepares to leave office in just under two months. "And President Biden directed me to oversee a massive surge in the military equipment that we are delivering to Ukraine so that we have spent every dollar that Congress has appropriated to us by the time that President Biden leaves office." Last month, Biden greenlighted Ukraine's use of powerful US-supplied ATACMS long-range missiles to strike inside Russia. Advertisement"I've encouraged the Ukrainian team to engage the incoming team as well as to engage all of our allies and partners, because, again, on January 21, the war in Ukraine doesn't just go away," Sullivan told Karl.

Persons: Biden, Jake Sullivan, Trump, Joe Biden, Sullivan, Jonathan Karl, Donald Trump, Volodymyr Zelenskyy, I've, Ukraine doesn't, Karl Organizations: ABC News, Sunday, Russia Locations: Ukraine, Washington, Israel, Russia, Ukrainian

☆ Here's the state of the last uncalled House race and why it's important
▼ + stars: | 2024-12-01 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Republicans are headed into 2025 in control of the presidency, the Senate, and the House of Representatives. But there's still one outstanding House race yet to be called. Gray has 105,083 votes, compared to 104,856 votes for Duarte, according to the California Secretary of State's office. The race is a rematch of their 2022 contest, which saw Duarte ultimately defeat Gray by 564 votes out of nearly 134,000 ballots cast. Due to the number of competitive US House races in California, a state with over 22 million registered voters, control of the chamber can theoretically rest on the Golden State alone.

Persons: John Duarte, Democrat Adam Gray, there's, Donald Trump's, —, Adam Gray, Gray, Duarte, Kamala Harris —, Mike Johnson, Elise Stefanik, Trump, Michael Waltz of Florida, Matt Gaetz, Johnson Organizations: GOP Rep, Democrat, Senate, Democratic, Golden State, California, GOP, Republican, United Nations, Trump, Republicans Locations: California, Merced County, Madera County, Fresno, San Joaquin, Stanislaus, Louisiana, New York, Florida, Washington

☆ Trump taps Tiffany Trump's father-in-law as his advisor on Arab and Middle Eastern affairs
▼ + stars: | 2024-12-01 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

AdvertisementPresident-elect Trump has picked Massad Boulos to be his advisor on Arab and Middle Eastern affairs. By tapping Lebanese American businessman Massad Boulos as his senior advisor on Arab and Middle Eastern affairs, Trump is bringing on board a key campaign surrogate whose son Michael is also married to his daughter Tiffany. "Massad is a dealmaker, and an unwavering supporter of PEACE in the Middle East," Trump wrote on his Truth Social platform. During the 2024 campaign, Boulos traveled throughout Michigan to promote Trump's candidacy among Arab American and Muslim voters, The New York Times reported. Ivanka Trump, a senior advisor in Trump's first term, is not expected to be a part of the second administration.

Persons: Trump, Massad, Boulos, Michael, Donald Trump's, Tiffany Trump, Donald Trump, Massad Boulos, Tiffany, —, Kamala Harris, Joe Biden's, Harris, who'll, Charles Kushner, Jared Kushner, Ivanka Trump, Trump's Organizations: Trump, Democratic, Arab, Associated Press, The New York Times, Saturday Locations: Gaza, United States, reverberating, Lebanon, Yemen, Syria, Israel, Arab American, Michigan, France

☆ Trump is now threatening 100% tariffs on the BRICS group — which comprises 9 emerging market countries
▼ + stars: | 2024-11-30 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

President-elect Donald Trump on Saturday lashed out at the BRICS group of emerging market countries, threatening to impose 100% tariffs if they try to "move away" from the US dollar. "The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER," he wrote. AdvertisementDuring an October summit of the BRICS nations, Russian President Vladimir Putin accused the United States of "weaponizing" the dollar. Trump pressed the three countries on the flow of drugs and illegal migrants coming into the United States. Trudeau's office said in a statement that the prime minister and Trump "shared a productive wide-ranging discussion."

Persons: Trump, Donald Trump, Vladimir Putin, Justin Trudeau, Canada's, Trudeau, Trump's, Claudia Sheinbaum Organizations: Trump, Saturday, United, United Arab Emirates, U.S, International Trade, Associated Press Locations: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, United Arab, America, Russian, United States, Canada, Mexico, American, Lago, Florida, Mexican

☆ How economic concerns and low voter turnout in Democratic strongholds helped Trump win
▼ + stars: | 2024-11-30 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

AdvertisementIn the 2024 election, Donald Trump won 312 electoral votes to Kamala Harris' 226 electoral votes. President Joe Biden's 2020 win in Arizona was a huge victory for Democrats. So far, Harris has earned just under 75 million votes, compared to a little over 77 million votes for Trump. For example, Harris won Philadelphia, the most populous city in Pennsylvania, by a hefty 79% to 20% margin. But in 2020, Biden won Philadelphia 81% to 18%.

Persons: Donald Trump, Kamala Harris, Trump, Joe Biden, Harris, Joe Biden's, Demetrius Freeman, Getty Images Trump, Biden, SAUL LOEB, —, Mike Pence Organizations: Democrats, Washington, Getty Images, CNN, Trump, Arizona, Phoenix, Getty, Democratic, Biden, Peach State, Philadelphia, NBC News Locations: Arizona, Maricopa County, Maricopa, Nevada, Philadelphia, Wisconsin, New Jersey, New York, Georgia, Peach, Michigan , Pennsylvania, Detroit, Pennsylvania

☆ Why Trump is threatening Canada with tariffs
▼ + stars: | 2024-11-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

AdvertisementPresident-elect Trump on Monday threatened to impose 25% tariffs on imported goods from Canada. In making his statement on Truth Social, Trump criticized Canada over immigration policy and drugs. President-elect Donald Trump this week has made waves with his vow to impose new tariffs on imported goods from Canada, China, and Mexico, which also happen to be the United States' top trading partners. "Canada places the highest priority on border security and the integrity of our shared border." "In addition, the CBSA [Canada Border Services Agency] is continually strengthening its ability to detect opioids through enhanced inspections at ports of entry, detector dogs, and emerging technologies, preventing opioids from entering and leaving Canada."

Persons: Trump, Donald Trump, Justin Trudeau, Canada's, " Trudeau, he'd, Jake Colvin, Chrystia Freeland, Dominic LeBlanc, Trump's Organizations: Social, Canada, Toronto Region Board of Trade, US Border Patrol, Customs, Border Patrol, New York Times, NPR, North American Free, National Foreign Trade Council, Canada Border Services Agency, Business, Trump Locations: Canada, Toronto, China, Mexico, United States, apprehensions

☆ Trump's pick for Treasury secretary shows there's a limit to Elon Musk's influence
▼ + stars: | 2024-11-23 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Musk recently said his choice for the influential Treasury secretary role would be Howard Lutnick. As President-elect Donald Trump assembles the key players to drive his new administration's agenda, Elon Musk is rarely far away. Trump tapped hedge fund manager Scott Bessent, the founder and chief executive of Key Square Group, to be his next Treasury secretary on Friday. Bessent, a Wall Street veteran and a top economic advisor to Trump, emerged as a favorite of the president-elect while on the campaign trail this year. The Wall Street Journal reported that Trump sought advice from Wall Street leaders for the Treasury spot, and his advisors told him that analysts would view Bessent as a stabilizing figure.

Persons: Elon, Donald Trump's, Musk, Howard Lutnick, Trump, Scott Bessent, Donald Trump, Elon Musk, Vivek Ramaswamy, Bessent, Cantor Fitzgerald, — Organizations: Mar, UFC, of Government Efficiency, Trump, Key Square, Wall Street, Senate, Street Journal, Treasury, Business Locations: Lago, Florida, New York, Trump's, United States

AdvertisementPresident-elect Donald Trump has started making picks for key cabinet positions and other White House jobs. He started by naming Susie Wiles his chief of staff, making her the first woman to hold the role. Here's a running list of those Trump has tapped for his administration. Now that President-elect Donald Trump has secured another four years in the White House, he's beginning to staff his administration. AdvertisementHere's a running list of Trump's staff picks, who will determine everything from his daily schedule to the ins and outs of finance, defense, and education.

Persons: Donald Trump, Susie Wiles, Here's, Trump, Trump's, Matt Gaetz Organizations: White Locations: Florida

☆ 7 key details from Elon Musk and Vivek Ramaswamy's DOGE plan
▼ + stars: | 2024-11-20 | by ( John L. Dorman | Alice Tecotzky | ) www.businessinsider.com time to read: +8 min

On Wednesday, Musk and Ramaswamy outlined their vision for DOGE, which Musk previously said would cut $2 trillion from the federal budget. Ron DeSantis' Presidential Announcement with Elon MuskTheir opinion piece, published in the Wall Street Journal, is lengthy and dense, filled with Supreme Court rulings and decades-old statutes. Musk and Ramaswamy wrote that their goal for deep reform will be rooted in two Supreme Court rulings. Musk and Ramaswamy make it clear that by eliminating federal regulations, there should also be "mass head-count reductions across the federal bureaucracy." Musk and Ramaswamy note that Trump has implied that the statute is unconstitutional and predict that the Supreme Court would agree.

Persons: Elon Musk, Vivek Ramaswamy, Ramaswamy, Musk, Ron DeSantis, Loper, Raimondo, Chevron, Trump, haven't, DOGE, Musk's, Tesla, overreach Organizations: Department of Government, Florida Gov, Elon, Street, Management, Environmental Protection Agency, Chevron, Natural Resources Defense Council, Congress, Corporation for Public Broadcasting, Public Broadcasting Service, National Public Radio, Social Security, SpaceX, Trump, Musk Locations: Florida, America, West Virginia

☆ Trump expected to nominate Howard Lutnick for Commerce secretary: reports
▼ + stars: | 2024-11-19 | by ( Geoff Weiss | John L. Dorman | ) www.businessinsider.com time to read: +1 min

AdvertisementTrump is expected to nominate Howard Lutnick for Commerce secretary, according to the WSJ and CNN. Lutnick had previously been viewed as a frontrunner for the position of Treasury secretary. President-elect Donald Trump is expected to tap billionaire finance executive Howard Lutnick as his next Commerce secretary, according to the Wall Street Journal, CNN, and Axios. Commerce secretary will be a pivotal role in the Trump administration, given economic concerns played a key role in fueling Trump's victory. He's known Trump for decades, and has hosted fundraisers for the president-elect and appeared on TV as a surrogate.

Persons: Howard Lutnick, It's, Lutnick, Donald Trump, Linda McMahon, Trump, Cantor Fitzgerald, Elon Musk's Organizations: Trump, Commerce, WSJ, CNN, Wall Street Journal, WWE, World Trade Locations: New York, Commerce

☆ Photos show Donald Trump and Elon Musk's post-election bromance
▼ + stars: | 2024-11-19 | by ( John L. Dorman | Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

AdvertisementIn the two weeks since the election, Elon Musk and Donald Trump have been pretty much inseparable. The Tesla CEO is set to co-lead the Department of Government Efficiency in Trump's second term. It's been two weeks since President-elect Donald Trump won another four years in the White House. Tesla CEO Elon Musk has been by his side for much of that time. Here's a look at Trump and Musk's whirlwind post-election partnership in photos, from boxing matches to golf games, with an eye on governing in between.

Persons: Elon Musk, Donald Trump, Musk, It's, elect's, Elon, Trump Organizations: Department of Government, Trump, Republicans, NBC

☆ Elon Musk and Vivek Ramaswamy want to 'delete' parts of the US government. It won't be easy.
▼ + stars: | 2024-11-19 | by ( Alice Tecotzky | John L. Dorman | ) www.businessinsider.com time to read: +7 min

AdvertisementElon Musk and Vivek Ramaswamy are set to co-lead the DOGE in President-elect Trump's second term. In their roles as co-leaders of the forthcoming Department of Government Efficiency, Elon Musk and Vivek Ramaswamy have vowed to "delete" government agencies, much like a line of code. "Or does it mean that a different federal agency will assume the responsibilities of collecting income taxes?" Allison Robbert-Pool/Getty Images"The president can't 'delete' departments — or even almost all of government's subunits. Kettl said that any effort to delete the functions of a department is "an even bigger battle" than trying to delete a department itself.

Persons: Elon Musk, Vivek Ramaswamy, Trump's, Ron DeSantis, Kevin Kosar, DOGE's, Ramaswamy, Donald Trump, Mordecai Lee, aren't, haven't, Kosar, Allison Robbert, Donald Kettl, Elaine Kamarck, Bill Clinton, Kamarck, Kettl, Lee, they've, nix, it's Organizations: Republicans, of Government Efficiency, Elon, Florida Gov, American Enterprise Institute, Fox News, Internal Revenue Service, Federal Bureau of Investigations, Alcohol, Firearms, Tobacco, Department of Education, University of Wisconsin -, Trump, Republican, University of Maryland, Brookings Institute, of Education, Farmers, of Agriculture, USDA, Conservative Locations: Florida, University of Wisconsin - Milwaukee

☆ Federal jobs are known for their stability. Now they could be in jeopardy as Musk pushes for deep spending cuts.
▼ + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Tech: We're in the middle of a white-collar recession, and tech workers are shouldering much of it . We're in the middle of a white-collar recession, and tech workers . AdvertisementElon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Tech jobs are mired in a recession. White collar hiring is in a huge slump, and tech workers are some of the hardest hit .

Persons: Trump hasn't, Tesla, Chelsea Jia Feng, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Allison Robbert, Scott Bessent, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Kevin Warsh, Trump, Goldman Sachs, Morgan Stanley, Natalie Ammari, Uber, Verily, —, Rebecca Zisser, Elon Musk, Bluesky —, Jake Paul's, Netflix's Jake Paul, Mike Tyson, wasn't, Donald Trump's, Satya Nadella, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Google, Trump, Tech, Getty, Elon, Department of Education, Veterans Affairs, Department of Government, Social Security, Medicare, Twitter, Getty Government, Allison, Treasury, BCA Research, Goldman, BI, LinkedIn, Microsoft, China Economic, Security, Walmart Locations: Washington , DC, China, Brazilian, New York, Chicago, London

☆ Gen Z fell in love with government jobs. Elon Musk's budget cuts might upend them.
▼ + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +3 min

Elon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Business Insider's Ayelet Sheffey and Madison Hoff have a breakdown of the number of employees and salaries at different government departments . Veterans Affairs was the largest employer — 486,522 workers — and more than double the second-biggest department (Homeland Security's 222,539 employees). AdvertisementGovernment jobs' potential reckoning is happening after the public sector got a ton of attention this year. Pay in the public sector largely lags behind private-sector jobs, but that's somewhat offset by good benefits, retirement plans, and job stability.

Persons: Elon, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Department of Education, Veterans Affairs, Department of Government, Social, Medicare, Twitter Locations: Washington , DC, Elon Musk's, New York, Chicago, London

☆ Democrats are hoping blue states can hold the line in their battle against Trump's second-term agenda
▼ + stars: | 2024-11-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

AdvertisementDemocrats hope blue states can be the party's redoubt against Trump's second term. Democrats are also lining up lawyers to stymie Trump's agenda and planning for 2028. And as Trump's first term progressed, Democrats remained laser-focused on opposing him. The newspaper reported that advocacy groups are rallying hundreds of attorneys to fight Trump's agenda from the start of the president-elect's second term. Pritzker pledged to work with the Trump administration but also called himself a "warrior" for his state.

Persons: stymie, Kamala Harris, Joe Biden, Donald Trump, Trump's, Skye Perryman, Harris, Trump, Gavin Newsom, JB Pritzker, Gretchen Whitmer, Newsom, Pritzker, Illinoisans, Whitmer Organizations: White, Democratic Party, Democratic, The New York Times, Trump, US Supreme, Times, Democracy, Illinois, Michigan Locations: Washington, California, Michigan, Illinois, Sacramento

☆ Elon Musk throws his weight behind Howard Lutnick over Scott Bessent for Treasury secretary
▼ + stars: | 2024-11-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Musk wrote on X that Cantor Fitzgerald chief executive Howard Lutnick would "actually enact change." Lutnick and Key Square Group founder Scott Bessent are leading contenders for the role. Elon Musk on Saturday said that Cantor Fitzgerald CEO Howard Lutnick would "actually enact change" should he be tapped as President-elect Donald Trump's Treasury secretary. Advertisement"My view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change," Musk wrote. My view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change.

Persons: Elon Musk, Musk, Cantor Fitzgerald, Howard Lutnick, Scott Bessent, Donald Trump's, Trump, Bessent, Republican Sen, Lindsey Graham of, Semafor, Graham, igGLZOJ8wz — Elon Organizations: Elon, Key Square, Group, Republican, Street Journal Locations: Lindsey Graham of South Carolina, South Carolina

☆ AOC asked voters why they backed her candidacy and Trump's reelection. They said the economy and Gaza.
▼ + stars: | 2024-11-11 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

AOC during a recent Instagram Q&A asked voters why they backed her candidacy and Trump's reelection. Ocasio-Cortez strongly backed Harris and stumped for the vice president during the 2024 campaign. AdvertisementMany voters who split their tickets between Ocasio-Cortez and Trump or other Democratic candidates and Trump pointed to two key issues: the economy and the conflict in Gaza. And the vice president sought to reassure voters concerned over the Israel-Hamas war and the plight of Palestinians that she would work to secure peace in the region as president. The president-elect made major inroads, notably in several Democratic-heavy states, as many voters remained frustrated over the direction of the country.

Persons: Cortez, Harris, —, Kamala Harris, Alexandria Ocasio, Donald Trump's, Trump, Joe Biden, ⬇️, nsB6X05Fp2 — Sidney D Johnson Organizations: Service, New York Rep, New, Congressional, Trump —, Democratic, Trump, Dem, dems Locations: Gaza, Ocasio, Alexandria, Cortez, New York's, Israel

☆ The blue wall was Kamala Harris' clearest path to the White House. Here's why it faded away.
▼ + stars: | 2024-11-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Harris would have secured the presidency if she had won Michigan, Pennsylvania, and Wisconsin. Related VideoHere's why Harris ultimately faltered in the trio of blue wall states. Related storiesTo secure the presidency, candidates must win at least 270 Electoral College votes, and Harris won 226 to Trump's 312. AdvertisementHarris spent considerable time campaigning throughout the blue wall states, but her 107-day candidacy was a sprint. In Wisconsin, Trump won 51% of union households, compared to Harris' 49%, according to Edison Research.

Persons: Harris, Donald Trump, —, Kamala Harris, Hillary Clinton, Joe Biden, Trump, Tim Walz, ANGELA WEISS, Harris didn't, Alex Brandon Harris, Biden, Dane County, Trump's, EVELYN HOCKSTEIN, wasn't Organizations: White, GOP, Service, Democratic, House, Office, Minnesota Gov, Getty, Electoral, Michigan, Trump, Pennsylvania, AP, Edison Research, Oakland County, Republicans, Arab, Detroit, Teamsters, International Association of Fire Fighters, Democrats Locations: Michigan, Pennsylvania, Wisconsin, West Allis , Wisconsin, The Milwaukee, Wisconsin , Michigan, Oakland County, Detroit, Montgomery County , Pennsylvania, Philadelphia, Dane, Madison, Waukesha County , Wisconsin, Milwaukee, Bucks County , Pennsylvania, Saginaw County , Michigan, Gaza, Dearborn —

Former President Donald Trump bested Vice President Kamala Harris in the 2024 presidential election. Trump won largely by breaching Democrats' "blue wall." The ex-president will now return to the White House after being ousted by Joe Biden in 2020. In defeating Vice President Kamala Harris, Trump will return to the White House after voters ousted him from office in the 2020 election. Trump's return to the White House is also poised to have profound effects on the judiciary.

Persons: Donald Trump, Kamala Harris, Trump, Joe Biden, —, Joe Biden's, Ron DeSantis, Nikki Haley, Biden, Harris, Clarence Thomas, Samuel Alito Organizations: Service, Fox News, CNN, NBC News, CBS News, ABC, Trump, US, GOP, UN, Democratic, GOP megadonors Locations: Wisconsin, Florida, West Palm Beach , Florida, America

☆ Trump wins Georgia, a key victory in the hotly contested purple state
▼ + stars: | 2024-11-06 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Donald Trump has won the state of Georgia. Trump won Georgia in 2016, but Joe Biden flipped the state in 2020. AdvertisementFormer President Donald Trump has won Georgia, according to CNN and NBC News. In 2020, Joe Biden narrowly defeated Trump in the state, eclipsing the Republican by almost 12,000 votes out of nearly 5 million ballots cast. In the 2022 midterm elections, Warnock defeated the GOP candidate Herschel Walker, securing a full six-year term in the Senate.

Persons: Donald Trump, Joe Biden, —, Trump, Kamala Harris, Harris, Tim Walz, Brian Kemp, Stacey Abrams, Raphael Warnock, Jon Ossoff, Ossoff, Republican Johnny Isakson, Warnock, Herschel Walker Organizations: Trump, Georgia, Service, CNN, NBC, Republican, Democratic, GOP, Democratic Party Locations: Georgia . Georgia, Georgia, Atlanta, Augusta, Columbus, Savannah, Minnesota, South Georgia

☆ Trump wins Pennsylvania, the most important swing state in the 2024 election
▼ + stars: | 2024-11-06 | by ( John L. Dorman | Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Donald Trump has won Pennsylvania. With 19 electoral votes, the state was highly coveted by both Trump and Kamala Harris. AdvertisementFormer President Donald Trump has won Pennsylvania, the pivotal swing state that was the most coveted state on the electoral map this year. With this victory, called by Fox News, CNN, and NBC News early Wednesday, Trump has secured the state's 19 electoral votes. Elon Musk, who donated over $100 million in favor of electing Trump, also campaigned in the state for the former president.

Persons: Donald Trump, Trump, Kamala Harris, —, It's, haven't, Joe Biden —, Josh Shapiro, Shapiro, Harris, Elon Musk Organizations: Pennsylvania, Service, Fox News, CNN, NBC News, Trump, Delaware —, Keystone State's Democratic Locations: Pennsylvania, — Michigan, Wisconsin, Scranton, Delaware

Detailed below is how a Trump presidency is expected to impact American wallets. Trump's plan to cut the corporate tax rate is generally viewed as bullish for earnings, particularly for the consumer-discretionary, communication-services, and financial sectors. Trump's plan for universal tariffs is seen as offsetting a positive tax impact and would be especially costly for lower-earning Americans. Trump has proposed expanding the child tax credit, which currently provides up to $2,000 per child. In August, the vice presidential candidate JD Vance floated a child tax credit proposal that would include $5,000 per child for families of all income levels.

Persons: Donald Trump, —, Trump, bitcoin, Vance Organizations: Trump, Service, Biden, White Locations: Americas

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