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☆ Trump needs to make Treasury Secretary decision very quickly, says Punchbowl News' Jake Sherman
▼ + stars: | 2024-11-21 | 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 EmailTrump needs to make Treasury Secretary decision very quickly, says Punchbowl News' Jake ShermanJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss the Trump administration's pick for Treasury Secretary, some of the controversial figures in the Trump cabinet, and much more.

Persons: Jake Sherman Jake Sherman Organizations: Email Trump, Punchbowl, Punchbowl News, Trump, Treasury

The Cantor Fitzgerald CEO has led and been the public face of Trump’s transition. As co-chair of Trump's transition, Lutnick has been an outspoken advocate for Trump’s agenda, including explaining how he plans to use tariffs once in office. Lutnick is the CEO and chairman of financial services titan Cantor Fitzgerald. Adam Gray / Bloomberg via Getty Images fileLutnick has been at Cantor Fitzgerald since the early 1980s when he graduated from Haverford College in Pennsylvania with an economics degree. Lutnick was working at Cantor Fitzgerald when terrorists targeted New York’s World Trade Center towers on Sept. 11, the firm's headquarters.

Persons: Donald Trump, Howard Lutnick, Cantor Fitzgerald, Lutnick, Adam Gray, Trump, Lutnick's, Elon Musk, evincing Organizations: WASHINGTON, Commerce Department, The Commerce Department, Bloomberg, Getty, Haverford College, New, Trade, Punchbowl News, Trump, Treasury, Elon, ‘ Department, Government Locations: United States, New York, Pennsylvania

The Cantor Fitzgerald CEO has led and been the public face of Trump's transition. As co-chair of Trump's transition, Lutnick has been an outspoken advocate for Trump's agenda, including explaining how he plans to use tariffs once in office. Lutnick is the CEO and chairman of financial services titan Cantor Fitzgerald. Lutnick has been at Cantor Fitzgerald since the early 1980s when he graduated from Haverford College in Pennsylvania with an economics degree. Lutnick was working at Cantor Fitzgerald when terrorists targeted New York's World Trade Center towers on Sept. 11, the firm's headquarters.

Persons: Howard Lutnick, Cantor Fitzgerald, Donald Trump, Lutnick, Trump, Lutnick's, Elon Musk, evincing Organizations: Republican, WASHINGTON, Commerce Department, The Commerce Department, Haverford College, New, Trade, Punchbowl News, Trump, Treasury, Elon, Department of Government Locations: Madison, New York City, U.S, United States, Pennsylvania, New York

☆ House Speaker Johnson calls ethics report on Matt Gaetz a 'rough draft' and says it shouldn't be released
▼ + stars: | 2024-11-17 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

House Speaker Mike Johnson said Sunday that House Ethics Committee's probe into Matt Gaetz, President-elect Donald Trump's pick for U.S. attorney general, is a "Pandora's box" and said the report from it should not be released. The House Ethics Committee was investigating allegations that Gaetz engaged in sexual misconduct, illicit drug use and other wrongdoing. I don't think we want the House Ethics Committee using all of its vast resources and powers to go after private citizens, and that's what Matt Gaetz is now," Johnson said. Gaetz's resignation effectively ends the Ethics Committee probe because the panel's reach is limited to members of the House. On Friday, a lawyer for a woman told the Ethics committee she saw Gaetz have sex with a minor, NBC News reported.

Persons: Mike Johnson, Matt Gaetz, Donald Trump's, Gaetz, Johnson, Gaetz's, Gaetz didn't, Department of Justice —, Joel Leppard, —, Kevin Breuninger Organizations: Republican, U.S . Capitol House, U.S, Louisiana Republican, Punchbowl News, Department of Justice, NBC News Locations: Washington , U.S, Louisiana, Florida, Orlando

☆ How Democrats can still flex power in Trump's Washington: From the Politics Desk
▼ + stars: | 2024-11-14 | by ( The Politics Desk | ) www.nbcnews.com time to read: +11 min

In today’s edition, senior national political reporter Sahil Kapur examines the way Democrats can still exert some power in Donald Trump's Washington. How Democrats can still flex power in Trump’s WashingtonBy Sahil KapurRepublicans have won full control of Washington, but Democrats will retain two key levers of power to shape legislative outcomes in Donald Trump’s second term. That margin is slimming further as Trump plucks House members for administration jobs. The last two years showed how chaotic and dysfunctional this GOP-controlled House can be, even when the stakes are low. The Ethics Committee has jurisdiction over only sitting House members.

Persons: Sahil Kapur, Donald, Donald Trump's Washington, Matt Gaetz's, Robert F, Kennedy Jr, Donald Trump’s, Robert Garcia, “, Sen, John Thune, ”, Chris Van Hollen, Van Hollen, Patty Murray, Richard Hudson, Trump, Donald Trump, it’s, it’ll, Tony Gonzales, Matt Gaetz, Ryan Nobles, Julie Tsirkin, Frank Thorp V, Kate Santaliz, Gaetz, Justice Department —, they’ll, Joni Ernst, John Curtis, → Trump, Berkeley Lovelace Jr, Dasha Burns Trump, Kennedy, Bill Cassidy, Tulsi Gabbard, Pete Hegseth, Elon Musk, Vivek Ramaswamy’s, 🗞️, Tim, lea Organizations: NBC, White House, Capitol, Republicans, Health, Human Services Department, Sahil Kapur Republicans, Trump plucks, ”, Republican, Senate, GOP, House Republican, Justice Department, NBC News, Committee, Punchbowl News, RFK, Human Services, Department of Health, Food and Drug Administration, Education, Labor, Pensions, “ RFK, Trump, Elon, of Government, Cabinet Locations: Donald Trump's, Trump’s Washington, Washington, “, Texas, Florida, Congress, Iowa, Utah, Elon, usk

WASHINGTON — Republican senators are preparing for a robust vetting of Matt Gaetz, President-elect Donald Trump's pick to lead the Justice Department, with a keen interest in details from a House Ethics Committee investigation into the former congressman from Florida. The Ethics Committee has jurisdiction only over sitting House members. Many Republican senators, including members of the GOP-led Judiciary Committee that will oversee Gaetz’s nomination for attorney general, said they'll want to see the details of the House Ethics investigation into Gaetz. But Gaetz's resignation complicates things, and the House committee hasn't indicated what it will do. Asked directly if he'd vote to confirm Gaetz, Cramer said the Florida congressman would have to make it through the Judiciary Committee first.

Persons: WASHINGTON, Matt Gaetz, Donald Trump's, Gaetz, Justice Department —, Trump, they'll, Sen, Joni Ernst, John Curtis, “, hasn't, Bill Boner, Buz Lukens, John Cornyn of, he'd, ”, Cornyn, it’s, ” Cornyn, ” Sen, Lindsey Graham, ” Graham, Trump hadn’t, Matt, Chuck Grassley, we’ve, ” Grassley, , Grassley, Susan Collins, Collins, Kevin McCarthy, Lisa Murkowski, Gaetz's, Ernst, He’s, JD Vance, Kevin Cramer, we’re, —, Cramer, McCarthy, I’ll, he’s, Mike Braun, I’m Organizations: Justice Department, NBC News, Republican, GOP, Committee, Punchbowl News, Judiciary, “, Department, NBC, Republicans, —, Trump Locations: Florida, Congress, Iowa, Utah, Ohio, John Cornyn of Texas, Maine, Pennsylvania, Alaska

☆ Trump AG pick Matt Gaetz under scrutiny as House Ethics report on sex, drug claims takes focus
▼ + stars: | 2024-11-14 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

The surprise announcement Wednesday, and Gaetz's swift resignation from Congress, also drew attention to a House Ethics Committee probe into allegations that Gaetz engaged in sexual misconduct, illicit drug use and other wrongdoing. "I think there should not be any limitation on the Senate Judiciary committee's investigation, including whatever the House Ethics Committee is generated," Cornyn told reporters on Capitol Hill. We would support the House Ethics Committee immediately releasing their report," John Clune, a partner at Hutchinson Black and Cook, wrote on X. Gaetz's resignation effectively ends the Ethics Committee probe, because the panel's reach is limited to members of the House. The Ethics panel was slated to meet Thursday behind closed doors, a source familiar with the situation told NBC.

Persons: Donald Trump's, Matt Gaetz, Gaetz, Sen, John Cornyn of, Cornyn, Department of Justice —, Gaetz's, John Clune, Cook, Michael Guest Organizations: Senate, Republican, Capitol, Department of Justice, Hutchinson, Punchbowl News, Committee, NBC Locations: Florida, John Cornyn of Texas

☆ Elon Musk and MAGA's next big fight: Who replaces Mitch McConnell?
▼ + stars: | 2024-11-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Elon Musk and other MAGA figures are onto a new fight: Who will be the next Senate Majority Leader. John Thune and John Cornyn. AdvertisementWith President-elect Donald Trump now on his way to the White House, his allies are settling on a new target: Getting a loyalist installed as Senate Majority Leader. Ahead of Mitch McConnell's long-awaited retirement from leadership, Republicans are set to choose a new leader on Wednesday of this week. John Thune of South Dakota, John Cornyn of Texas, and Rick Scott of Florida.

Persons: Elon Musk, MAGA, Sen, Rick Scott, Sens, John Thune, John Cornyn, Trump, —, Donald Trump, Mitch McConnell's, John Thune of, John Cornyn of, Rick Scott of, Scott, Tucker Carlson, Robert F, Kennedy, Jr, Scott isn't, Kevin McCarthy, there's Elon Musk, Musk, Elon, Trump's, Cornyn, they'll, McConnell, that's, That's Organizations: Service, White, Republicans, Trump, GOP, Business, Senate Trump, Capitol, Republican, Punchbowl News Locations: Sens, John Thune of South Dakota, John Cornyn of Texas, Rick Scott of Florida, Florida, Texas, Ukraine

☆ Deleted tweets, canceled events, erased endorsements: How Republicans are fleeing from Mark Robinson
▼ + stars: | 2024-09-24 | by ( Andrew Kaczynski | Em Steck | ) edition.cnn.com time to read: +7 min

She also deleted a post calling Robinson “North Carolina’s next governor.” Buckhout appears to have deleted five tweets in total. Dave Boliek, the GOP candidate for state auditor in North Carolina, appears to have deleted a Facebook post featuring Robinson from August 2024. Dave Boliek, who is running for state auditor, deleted a post showing him and Mark Robinson together in August. Outside of North Carolina, national Republicans and conservative activist and advocacy groups have distanced themselves from Robinson. Bill Lee, the chair of the Republican Governors Association, also pulled his endorsement and canceled a RGA fundraiser in Greensboro, North Carolina.

Persons: Mark Robinson, Robinson, Laurie Buckhout, ” Buckhout, Dave Boliek, Sen, Lisa Stone Barnes, Bill Ward, Stacie McGinn, ”, Allen Chesser, McGinn, I’m, ” Hal Weatherman, “, Thom Tillis, CNN’s Manu Raju, we’ve, ” Tillis, Robinson doesn’t, Ted Budd, Virginia Foxx, hasn’t, Foxx, Brian Kemp, Bill Lee, Vance, Trump, –, Josh Stein Organizations: CNN, Republicans, Republican, NAZI, US, Congressional, House, GOP, Wayback, State, District, North Carolina Republicans, North Carolina, Punchbowl News, Gov, . Tennessee Gov, Republican Governors Association, Trump, Dakota, National Rifle Association, Facebook Locations: North Carolina, North Carolina’s, Carolina’s, Mecklenburg County, South Mecklenburg County, Washington, North, Georgia, Greensboro , North Carolina, Wisconsin, Johnston County , North Carolina

☆ There's a lot of concern among Republicans that Trump is saying more ludicrous things: Jake Sherman
▼ + stars: | 2024-08-12 | 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 EmailThere's a lot of concern among Republicans that Trump is saying more ludicrous things: Jake ShermanJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss the state of the 2024 race, how Kamala Harris has invigorated the Democratic base, details of her policy platform, and more.

Persons: Trump, Jake Sherman Jake Sherman, Kamala Harris Organizations: Republicans, Punchbowl News, Democratic

☆ How Trump could replace JD Vance if the Ohioan's terrible polling continues
▼ + stars: | 2024-07-25 | by ( Alice Tecotzky | Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

While Trump insists he's sticking with Vance, the senator's poor polling combined with Vice President Kamala Harris' momentum has led some to ask: Could Trump replace Vance? The Democratic and Republican National Committees have separate rules governing how they fill vacancies of presidential or vice presidential nominees. Related stories"I think sometimes what people forget is that people start voting in September," Dacey told Business Insider. It would be, he said, "extraordinarily disruptive" both logistically and politically to replace Vance as the vice presidential nominee. In 2020, there were rumors he would replace former Vice President Mike Pence on his ticket.

Persons: —, Sen, JD Vance, Donald Trump's, Trump, Vance, Kamala Harris, Amy Dacey, Dacey, Kenneth Mayer, Mayer, Glenn Youngkin, Harris, Mike Pence, he's, George McGovern, Thomas Eagleton of, Eagleton, McGovern Organizations: Service, Trump, Republican Party, Business, Democratic, Republican National Committees, Republican National Committee, Democratic National Committee, Sine Institute of Policy, American University, University of Wisconsin -, CNN, Punchbowl, Republican National Convention, Gov, Fox News Locations: Ohio, University of Wisconsin - Madison, Virginia, Thomas Eagleton of Missouri

☆ JD Vance has some ideas on how to get Americans to have more babies
▼ + stars: | 2024-07-16 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewSen. JD Vance, now a vice-presidential nominee, has some strong opinions on how America can better support families. Vance, the author of "Hillbilly Elegy" and a former venture capitalist, has been outspoken about his views on family and birth rates. "We should worry that in America, family formation, our birth rates, a ton of indicators of family health have collapsed," Vance said in 2021 remarks. But Vance's actions as a senator suggest some support for Democratic policies, such as an expansion of the child tax credit. Vance expressed support for the credit, saying at the time that "we're the party of families," Punchbowl News reported.

Persons: —, Sen, JD Vance, Vance, He's, he's, we're, would've, Democratic Sen, Ron Wyden, Jason Smith —, Joe Biden, Biden Organizations: Service, Business, Republican National Committee, Social Security, Democratic, Tax Relief, American Families and Workers, Republican, Punchbowl Locations: America, Ukraine, Washington

☆ Every single Democrat I've talked to off the record has said Biden should step away: Jake Sherman
▼ + stars: | 2024-07-09 | 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 EmailEvery single Democrat I've talked to off the record has said Biden should step away: Jake ShermanJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss the state of the 2024 election, whether President Biden continue in the presidential race, and more.

Persons: I've, Biden, Jake Sherman Jake Sherman Organizations: Punchbowl News

☆ White House to nominate Goldsmith Romero soon, aiming for July hearing, says Reuters source
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: +2 min

The White House will nominate markets regulator Christy Goldsmith Romero as Federal Deposit Insurance Corporation chair imminently as it targets the week of July 8 for her first hearing, a person with direct knowledge of the matter said on Wednesday. The White House will nominate markets regulator Christy Goldsmith Romero as Federal Deposit Insurance Corporation chair imminently as it targets the week of July 8 for her first hearing, a person with direct knowledge of the matter said on Wednesday. The White House declined comment. She had been lined up for the Treasury role before Gruenberg succumbed last month to political pressure to resign. Punchbowl News earlier on Wednesday reported that the White House would announce Romero's nomination on Thursday.

Persons: Christy Goldsmith Romero, Sherrod Brown, Joe, Goldsmith Romero, Martin Gruenberg, Kristin Johnson, Spokespeople, Brown, Johnson, Goldsmith Romero's, Gruenberg Organizations: Federal Deposit Insurance Corp, Federal Deposit Insurance Corporation, imminently, White House, Democratic, Banking, U.S, Commodity Futures Trading Commission, Treasury Department, Treasury, FDIC, Labor, Street, Punchbowl Locations: Washington , DC, Washington

☆ Trump insulted Milwaukee and then things got strange
▼ + stars: | 2024-06-13 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Read previewFormer President Donald Trump on Thursday reportedly insulted Milwaukee, the site of the Republican National Convention in just a few weeks. "Milwaukee, where we are having our convention, is a horrible city," Trump told House Republicans during their closed-door meeting, according to PunchBowl News. President Trump did not say this," Rep. Bryan Steil of Wisconsin, wrote on X, quoting PunchBowl reporter Jake Sherman's initial tweet. AdvertisementSteil later told a local TV station that Trump "wasn't talking about the city, he was talking about specific issues in the city." "We were having broad conversation about the challenges we face in as a country, in particular the challenges we've seen in Milwaukee," Steil said mentioning issues with elections, crime, and public schools.

Persons: —, Donald Trump, Trump, Alice Cooper, helpfully, Rep, Bryan Steil of, Jake Sherman's, Steil, we've, Bryan Steil, KKPKpWCisE — Matt Smith, Trump's, Steven Cheung, it's, Sherman, Biden, he's, Gwen Moore of, QRfgwbETV7 — Joe Biden, Milwaukee Mayor Cavalier Johnson Organizations: Service, Republican National Convention, House Republicans, PunchBowl News, Business, Trump, GOP, Milwaukee, Republicans, White, Milwaukee Mayor Locations: Milwaukee, Bryan Steil of Wisconsin, Wisconsin, New York, Gwen Moore of Wisconsin

☆ Jim Risch: Top Republican on Senate Foreign Relations panel threatens to block committee action over ICC sanctions bill
▼ + stars: | 2024-06-11 | by ( Ted | ) edition.cnn.com time to read: +3 min

But Democratic Sen. Ben Cardin of Maryland, who chairs the Foreign Relations Committee, criticized the House measure as a “divisive partisan bill” and said he is trying to reach a deal with Republicans to move bipartisan sanctions legislation. “Defending Israel from this flawed and biased prosecution deserves the same united support we share for the entire US-Israel relationship,” he said. “Political maneuvering by Republicans have made a bipartisan bill more difficult, but I have continued talks with those Republicans who are genuinely interested in a bipartisan path forward.”Cardin met with Senate Majority Leader Chuck Schumer on Tuesday afternoon. “If we’re going to get to the finish line, we’re going to need a bipartisan bill,” he said. We work well together.”Risch posted of X that he looks forward to the ICC legislation being on the agenda of the committee’s next meeting.

Persons: Republican Sen, Jim Risch’s, Suzanne Wrasse, Risch, Democratic Sen, Ben Cardin, ”, Israel, ” Cardin, Chuck Schumer, Cardin, Joe Biden, “ Sen, I’ve, ” Risch Organizations: CNN, Republican, Senate Foreign Relations, International Criminal Court, Hamas, Punchbowl News, ICC, Senate, Republicans, Democratic, Foreign Relations, “ Locations: Israel, Idaho, Ben Cardin of Maryland

☆ Being convicted of a felony isn't a good thing 'no matter how you spin it': Punchbowl's Jake Sherman
▼ + stars: | 2024-06-03 | 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 EmailBeing convicted of a felony isn't a good thing 'no matter how you spin it': Punchbowl's Jake ShermanJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss the fallout from former President Donald Trump's guilty verdict, the impact on his fundraising efforts, state of the 2024 race, and more.

Persons: Jake Sherman Jake Sherman, Donald Trump's Organizations: Punchbowl News

☆ Democrats deeply regret not taking the border more seriously in Biden's term: Punchbowl's Sherman
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDemocrats deeply regret not taking the border more seriously in Biden's term: Punchbowl's ShermanJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss the chance the border bill passes through Congress, Democrat's stance towards border policy, and how likely a new candidate emerges after the presidential debate.

Persons: Punchbowl's Sherman Jake Sherman Organizations: Punchbowl News Locations: Congress

☆ Marjorie Taylor Greene dares Mike Johnson to kick her off committees again: 'Badge of honor'
▼ + stars: | 2024-05-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

House Speaker Mike Johnson might start cracking down on Republicans who defy him. MTG, who's forcing a vote to try to oust Johnson this week, doesn't seem to mind. AdvertisementRep. Marjorie Taylor Greene is daring House Speaker Mike Johnson to kick her off of her committees again. Speaker Mike Johnson is talking about kicking Republican members off of committees if we vote against his rules/bills. Related storiesA person familiar with Johnson's remarks told Business Insider that they were hypothetical and referred to changes that House Republicans may make under the next Congress, rather than in the immediate future.

Persons: Mike Johnson, Johnson, —, Marjorie Taylor Greene, Chuck Schumer, Biden’s, It’s, Marjorie Taylor Greene 🇺🇸 ( Organizations: Service, Georgia Republican, Republican, Republicans

☆ Congress returns to Washington: Here's what to watch for
▼ + stars: | 2024-04-29 | 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 EmailCongress returns to Washington: Here's what to watch forJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss what to watch on Capitol Hill as Congress returns to Washington this week, the fate of House Speaker Mike Johnson, reports of Trump allies drafting up plans to erode the Fed's independence, and more.

Persons: Jake Sherman, Mike Johnson Organizations: Punchbowl News, Capitol, Trump Locations: Washington

Right-wing lawmakers are ramping up their threats to remove Speaker Mike Johnson from his role after Johnson’s supporters pushed him to make it harder to oust him from the speakership. The House is finished with floor action for the day, which means that the earliest that Greene could make a motion to oust Johnson would be on Friday. At one point, Johnson was surrounded on the House floor by a number of far-right lawmakers in a heated discussion. Democrats weigh how to proceedThe House Rules Committee is meeting Thursday morning to begin considering the foreign aid bills. One thing that is hanging over discussions is that many Democrats view Johnson as a more honest broker than McCarthy.

Persons: Mike Johnson, Johnson’s, Johnson, Kevin McCarthy, Marjorie Taylor Greene, Greene, “, Matt Gaetz, Derrick Van Orden, Gaetz “ tubby, ”, Van Orden, ” Greene, “ Mike Johnson, CNN’s Manu Raju, “, it’s, Anna Paulina Luna, ’, Luna, Dan Kildee, Pramila, ” Jayapal, Mike Quigley, ” Quigley, Jared Moskowitz, McCarthy, he’s, CNN’s Haley Talbot Organizations: CNN, Louisiana Republican, Georgia Rep, Republicans, Punchbowl News, GOP, Republican, Conservative, House Democratic Caucus, ” Democratic, Democrat, Democratic Locations: Louisiana, Ukraine, Israel, Taiwan, Washington, “

☆ House Speaker Mike Johnson plans to split foreign aid bills: Here's what you need to know
▼ + stars: | 2024-04-16 | 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 EmailHouse Speaker Mike Johnson plans to split foreign aid bills: Here's what you need to knowJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss House Speaker Mike Johnson's plan to split foreign aid bills, whether the Speaker's post is in danger, and more.

Persons: Mike Johnson, Jake Sherman, Mike Johnson's Organizations: Email, Punchbowl News

☆ TikTok is circling the wagons ahead of a potential ban
▼ + stars: | 2024-03-13 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

This story is available exclusively to Business Insider subscribers. The company plans to exhaust all legal avenues before considering being split from Chinese company ByteDance, Bloomberg reported, citing people familiar with the matter. AdvertisementIf TikTok loses its legal battle, ByteDance, its parent company, must divest the social media platform. This could also prove challenging, as the Chinese government has said it opposes a forced sale of TikTok. TikTok did not immediately respond to a request for comment from Business Insider.

Persons: —, Joe Biden, Shou Chew, Sarah Kreps, Shu Jueting, TikTok Organizations: Service, Senate, Business, Punchbowl News, Bloomberg, Wall Street, Tech, Institute, New York's Cornell University, CNN Locations: United States

☆ Sprouts of Hope in a Gloomy Media Landscape
▼ + stars: | 2024-03-12 | by ( Katie Robertson | Benjamin Mullin | ) www.nytimes.com time to read: +1 min

But there are some signs of hope. The new class of news start-ups — Puck, Punchbowl News, The Ankler and Semafor are among the most prominent — have kept spending down and hired carefully. They have attracted top journalists by putting them at the heart of the enterprise, sometimes as part owners in the companies. “There was possibly a mismatch 10 or 15 years ago between funding structures and media companies,” said Jon Kelly, the co-founder and editor in chief of Puck, whose 14 reporters write about topics including politics, finance and media. “And I think that the entire industry has learned from that.”

Persons: —, fatefully, ”, Jon Kelly, Puck Organizations: Punchbowl News Locations: Punchbowl

☆ House GOP pushes ahead with TikTok bill despite Trump opposition
▼ + stars: | 2024-03-11 | by ( Melanie Zanona | Haley Talbot | ) edition.cnn.com time to read: +6 min

And he recognized that TikTok was a national security threat, and we are proceeding, because that threat continues today,” she said. Nowhere in the bill does it say Tiktok,” Pence told CNN. The measure’s fate, however, is less certain in the Senate, but Scalise told CNN he’s had conversations with senators who are “interested” in the legislation. While many senators told CNN they were still reviewing the legislation Monday night, there is a core group of senators who have expressed support or openness to the House bill. “He’s wrong,” Roy, a House Freedom Caucus member, told CNN.

Persons: Donald Trump, Cathy McMorris Rodgers, TikTok, ”, “ I’m, there’s, McMorris Rodgers, “, Morgan Griffith, doesn’t, Jeff Duncan, CNN he’s, we’ve, ByteDance, ” Duncan, “ We’ve, Greg Pence, Bill, can’t, ’, ” Pence, Steve Scalise, Scalise, Shou Chew, Chew, Mariannette Miller, Meeks, Chip Roy, ” Roy, it’s, Tik Tok, Bob Good, Troy Nehls, Trump, ” Nehls, CNN’s Sam Fossum, Manu Raju, Lauren Fox Organizations: CNN — House Republicans, House Energy, Republican, GOP, of Justice, Energy, Commerce, ”, Caucus, CNN, Chinese Communist Party, South Carolina Republican, Republicans, Punchbowl News, Trump, Rep, Iowa Republican, Texas Republican, Communist, Texas Rep Locations: United States, Virginia, Indiana, Texas, China

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