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WASHINGTON — President-elect Donald Trump announced on Wednesday that he wants ally Kari Lake to serve as the next director of the Voice of America, a federal network that's part of the U.S. Agency for Global Media. VOA representatives did not immediately respond to questions about the processes for nominating and approving a new director, as well as what Trump's announcement could mean for the employment of the current director, Michael Abramowitz. Lake taunted journalists as being "fake news," saying during the Republican National Convention that they have "worn out your welcome." Trump previously faced criticism for his 2020 appointment of Michael Pack to head the U.S. Agency for Global Media. The president-elect's post about Lake came alongside a handful of other administration announcements on Truth Social.

Persons: Donald Trump, Kari Lake, Trump, Michael Abramowitz, Lake, VOA's, Michael Pack, Pack, Leandro Rizzuto, Peter Lamelas, Daniel J, Newlin, Michael J, Rigas Organizations: WASHINGTON, of America, U.S . Agency for Global Media, Social, Liberty, Fake News, Phoenix Fox News, Arizona, Republican National Convention, VOA, Organization of American Locations: Arizona, KSAZ, Organization of American States, Argentina, Colombia

Business executives, health insurance industry employees and law enforcement officers have reported facing threats and harassment following the capture this week of the man charged with fatally shooting UnitedHealthcare CEO Brian Thompson. The attorney for the suspect, Luigi Mangione, 26, an Ivy League graduate, has said Mangione intends to plead not guilty to all charges. Social media posts Wednesday showed images of “wanted” posters put up in Manhattan that featured photos of the CEOs of at least two health insurance companies. One of the companies named in the posters declined to comment, while the other did not respond to a request. “I had another one say, ‘This is why y’all’s CEO was shot, and if you’re not careful, you’re going to be next,’” the employee said.

Persons: Brian Thompson, Luigi Mangione, Mangione, “, ” “, ”, Kathryn Wylde, —, ” Wylde, ” Rebecca Weiner, ” Weiner, It’s, you’re, ’, “ I’m, “ We’re, We’re, ” Mangione, Josh Shapiro, Derek Swope, We’ve, ” Swope, Thomas Dickey, Wylde Organizations: Ivy League, Partnership, New, New York Police, Washington , D.C, Atlantic Council, Gov, Altoona Police, NBC News Locations: New York City, U.S, Manhattan, Washington ,, Altoona , Pennsylvania, Pennsylvania, “, New York

WASHINGTON — A Republican former House member and three current members of Congress from Utah invited a Jan. 6 defendant to President-elect Donald Trump's inauguration, according to a letter filed by the defendant's lawyer. Jan. 6 defendant Russell Taylor organized a group of “fighters” to travel to Washington, D.C., on Jan. 6, 2021, in response to Trump’s tweet telling supporters the day "will be wild." Russell Taylor, right, makes an obscene gesture, obscured by NBC News, at the Capitol on Jan. 6, 2021. On Jan. 6, 2021, after the Capitol attack, Taylor wrote in a message that he "was pushing through traitors all day today." In the interview, Trump said members of Congress who served on the House Jan. 6 committee "should go to jail."

Persons: WASHINGTON —, Donald Trump's, Jan, Russell Taylor, ”, Taylor, Dyke, Huish, Royce Lamberth, Russell, Andrew Caballero, Reynolds, Chris Stewart, Stewart, Mr, They're, I've, District of Columbia Stewart, Russ ’, WE, Lamberth, He's, Trump Organizations: Republican, Washington , D.C, Capitol, U.S, District, NBC News, Getty, Politico, Trump, District of Columbia, Patriots, Press, Washington Locations: Utah, Washington ,, Washington, Congress

Bill Belichick is a college football coach. College football is not the junior varsity version of the sport. The most important thing to him is that he’s going to coach football again. Nicole Auerbach is the Lead College Football and Basketball Insider for NBC Sports. For the latest news in college football, as well as coverage of the 2024-25 College Football Playoffs, subscribe to Rushing the Field with Auerbach and Joshua Perry on Apple, Spotify and YouTube.

Persons: Bill Belichick, Belichick, Stephen, it’s, Winslow Townson, He’ll, Nick Saban, Deion Sanders, ” Belichick, Pat McAfee, Nicole Auerbach, Auerbach, Joshua Perry Organizations: North, NFL, New England Patriots, University of Washington, College, New York Jets, Gillette, Belichick, Patriots, Hill . Media, UNC, National Football League, Lead College Football, NBC Sports, Football, Apple, Spotify, YouTube Locations: Foxborough, Chapel Hill, Colorado, Hill

☆ I moved from Idaho to Dubai with 3 teenagers. It was challenging as a single mom, but it was worth it.
▼ + stars: | 2024-12-12 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

In May 2023, Jennifer Kusch relocated to Dubai for a job opportunity. Kusch moved from Idaho to Dubai with her kids in 2023. They also covered the flights and most of my kids' school fees. AdvertisementThis has all contributed to why they now love Dubai. At this point, however, I love Dubai and our quality of life here.

Persons: Jennifer Kusch, Kusch, Dr, Seuss, We're, Am, I'm, Dubai Organizations: Warner Bros Locations: Dubai, Idaho, Texas, Abu Dhabi

☆ SpaceX's tech-billionaire astronaut, Jared Isaacman, says his future missions are a 'question mark' now
▼ + stars: | 2024-12-12 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

The billionaire Jared Isaacman said his Polaris missions with SpaceX are "a question mark" now. AdvertisementJared Isaacman has flown two SpaceX missions to space and is slated to fly two more. However, Isaacman may no longer fly those missions now that President-elect Donald Trump has tapped him to lead NASA. SpaceXThe program is scheduled to fly two future missions, including the first human flight aboard SpaceX's Starship mega-rocket. "The future of the Polaris program is a little bit of a question mark at the moment.

Persons: Jared Isaacman, Donald Trump, Isaacman, Elon Musk's, John Logsdon, Logsdon, SpaceX's, George Nield Organizations: Polaris, SpaceX, NASA, Polaris Program, SpaceX's, Reuters, Space, George Washington University Locations: Orlando

☆ How Trump's 'border czar' is envisioning his mass deportation plan: From the Politics Desk
▼ + stars: | 2024-12-11 | by ( The Politics Desk | ) www.nbcnews.com time to read: +11 min

In today’s edition, political embed Alec Hernández sifts through 20 interviews Donald Trump's incoming "border czar," Tom Homan, has done to get a clearer sense of his mass deportation plans. Plus, chief political analyst Chuck Todd breaks down the opportunities and challenges facing Mike Duggan's independent bid for Michigan governor. In the past month, he has done at least 20 interviews, which have all been reviewed by NBC News. Tasked with coordinating Trump’s core campaign promise of a mass deportation, Homan has used the appearances to begin detailing how the efforts might take shape and how the administration will move its plan forward. While they are far from painting a complete picture, the interviews have given more specifics than have been offered about the deportation policy in the past.

Persons: Alec Hernández sifts, Donald Trump's, Tom Homan, Chuck Todd, Mike Duggan's, Alec Hernández, Donald Trump’s, Homan, Trump, “, David Webb, The Defense Department “, ” Homan, noncooperation, “ I’ve, you’re, ”, Read, Mike Duggan, he’s, Gretchen Whitmer isn’t, Jocelyn Benson, Garlin Gilchrist, Duggan, there’s, aren’t, Dan Gilbert, Jamie Dimon, Gilbert, Dimon, Benson, Gilchrist, Pete Buttigieg, —, Chuck → 🗞️, ️, ej, ove Organizations: NBC, White House, Capitol, Michigan, Senate, White, NBC News, ., The Defense Department, Fox Business, Cooperation, Trump, Democratic, ICE, Fox News, Detroit, Democrat, Gov, Rocket Mortgage, JPMorgan Chase Locations: Washington, Michigan, Detroit

WASHINGTON — In legacy mode, outgoing President Joe Biden’s White House is warning the Republicans who are about to take power against repealing his biggest achievements. During his 2024 campaign, Trump said, “We will rescind all unspent funds under the misnamed Inflation Reduction Act.”Republicans won a 53-seat Senate majority and a slim House majority of 220-215 in the 2024 elections. Other Republicans say there are plenty of other places for the GOP to find cuts to finance their multi-trillion-dollar effort. Murphy said he also favors slashing Affordable Care Act subsidies under the Inflation Reduction Act, which the Biden administration has used to limit insurance premiums for many in the middle class. “I think a lot of it needs to go away.”Asked whether the slim margins could hinder House Republicans when it comes to passing the major party-line measures, Rep. Byron Donalds, R-Fla., said it’s a familiar dynamic for them.

Persons: Joe Biden’s, Biden’s, ” Andrew Bates, Donald Trump, “, Trump, don’t, we’ve, ” Bates, Sen, Thom Tillis, ”, Greg Murphy, Murphy, Biden, Byron Donalds, it’s, ” Donalds Organizations: Big Pharma, White House, NBC News, Biden, Republicans, Trump, GOP, ” Republicans, Medicare, Republican, Finance, Democratic Locations: WASHINGTON, China, ”

WASHINGTON — FBI Director Christopher Wray plans to resign at the end of the Biden administration, as President-elect Donald Trump takes office, Wray told bureau employees on Wednesday. "I mean, it would sort of seem pretty obvious that if Kash gets in, he’s going to be taking somebody’s place, right?" Trump said, responding to a question about whether he would fire Wray if he didn't resign on his own. Wray, a Republican, was appointed by Trump in 2017 after the then-president fired James Comey as FBI director. And what absolutely cannot, must not change is our commitment to doing the right thing, the right way, every time."

Persons: Christopher Wray, Biden, Donald Trump, Wray, “, I’ve, ” Trump, Kash Patel, Trump, Kash, James Comey, Comey's, Robert Mueller, Mueller, —, that’s, ” Organizations: WASHINGTON, NBC, Republican, Trump, FBI, Capitol Locations: Mar, United States

WASHINGTON — A massive defense policy bill on track to clear the House on Wednesday includes a ban on gender-affirming care for children of servicemembers — a provision that sparked opposition from the top Democrat on the House Armed Services Committee. The sweeping must-pass bill — known as the National Defense Authorization Act or NDAA — was negotiated between senior House and Senate lawmakers. “[B]lanketly denying health care to people who need it — just because of a biased notion against transgender people — is wrong,” Smith said in a statement Tuesday. The NDAA, which authorizes appropriations for the Defense Department and sets defense policies, expires at the end of the year. However, House and Senate negotiators couldn't reach agreement on "sufficient pro-life protections," the speaker's office said.

Persons: WASHINGTON, servicemembers, —, Adam Smith, ” Smith, Mike Johnson, Smith, Johnson, Hakeem Jeffries, Sarah McBride, couldn't Organizations: House Armed Services Committee, National Defense, Armed, Senate, Defense Department, Senate Armed, Johnson Locations: D

When Syria’s new interim prime minister, Mohammad al-Bashir, chaired a Cabinet meeting in Damascus on Tuesday, hanging behind him was the flag of the country’s suddenly victorious opposition. That path will largely depend on Hayat Tahrir al-Sham, the rebel organization that led the charge into Damascus and is now stewarding Syria’s political overhaul. Its leader, Abu Mohammad al-Jolani, said a decade ago that there would be no room for religious minorities in the Islamist Syria of which he dreamed about. The leader of Syria's Islamist HTS group, Abu Mohammad al-Jolani, at the Umayyad Mosque in Damascus on Sunday. Aref Tammawi / AFP - Getty ImagesSome observers, such as Gerges, see the interim prime minister as little more than an Jolani figurehead.

Persons: Syria’s, Mohammad al, Bashir, Assad, Muhammad Haj Kadour, Abu Mohammad al, Jolani, Ahmad al, ”, Bilal Sukkar, trepidation, Nael, ” Sukkar, Fawaz, Gerges, “, ” al, Della Sera, “ God, Aref Tammawi Organizations: Getty, Harvard Divinity School, London School of Economics, Islamic State, U.S, NBC News Locations: Damascus, Syria, Hayat Tahrir, Homs, Sunday, AFP, United States, Al Qaeda, Syrian, London, Idlib, Italian, Washington, Umayyad, Idlib province

Tasked with coordinating Trump’s core campaign promise of a mass deportation, Homan has used the appearances to begin detailing how the efforts might take shape and how the administration will move its plan forward. Homan has not been as direct as Trump has about how he sees the military’s role in the operation he will oversee. Tom Homan, who does not have to face Senate confirmation, has been going on Fox News and other conservative outlets to talk about Trump's plans on immigration. Funding mass deportationA major outstanding question, however, remains how the incoming Trump administration would fund a deportation scheme at that large a scale. “For those governors and mayors who are saying they’re going to stop Tom Homan, they’re going to stop President Trump: Shame on you,” Homan said on Fox News on Nov. 20.

Persons: Donald Trump’s, Tom Homan, Homan, Trump, Sen, JD Vance, Ohio, ” Homan, Fox News ’ “ Hannity, “, we’re, ”, “ Ingraham Angle, “ I’m, they’ll, Joe Biden, Lloyd Austin, Biden, David Webb, The Defense Department “, Melina Mara, I’ve, “ I’ve, Phil McGraw, Phil, McGraw, we’ve, you’re, Jesse Watters ’, Pam Bondi, It’s, Greg Abbott, ’, José Raúl Mulino, Eric Adams, Adams, Adams “, We’re, I’m, Ingraham, Kristen Welker, noncooperation, they’re, doesn’t Organizations: Senate, White, ICE, Trump, NBC News, “, Fox News, Democratic, Defense, The Defense Department, DOD, Washington, Getty, Fox Business, CBP, Customs, Cooperation, White House, Jesse Watters ’ Fox News, Gov, New York, Yorkers, Republicans, Politico, CBS, ’, NBC, Press Locations: Eagle, , Texas, New York, Chicago, “ Chicago

☆ Chuck Todd: Is the rise of the independents coming? An experiment is brewing in a key battleground
▼ + stars: | 2024-12-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Chuck-Todd-Circle-Byline-Template.Jpg | Chuck Todd | ) www.nbcnews.com time to read: +14 min

So to say Michigan Democrats were shocked by the mayor's decision to go independent is a bit of understatement. In my experience, most independent candidates who previously ran and won as Democrats or Republicans but then switch do so out of some political necessity. For the less politically engaged, a category that includes many key swing voters, this is a very appealing elevator pitch. But not every state party will be as desperate as Kansas Democrats were in accepting a party-switcher as its party savior. Ultimately, the national environment has never looked more enticing for independent candidates to disrupt the two-party duopoly.

Persons: Donald Trump's, Mike Duggan, he’s, Gretchen Whitmer isn’t, Jocelyn Benson, Garlin Gilchrist, Duggan, —, Harris, they’d, there’s, aren’t, Dan Gilbert, Jamie Dimon, Gilbert, Dimon, Benson, Gilchrist, Pete Buttigieg, Simone Biles, Sen, Angus King, Lowell Weicker, Joe Lieberman, Jesse Ventura, I’ll, Trump, MAGA, hewing, don’t, Dan Osborn, Don’t, GOP Sen, Pete Ricketts, Bill Cassidy, Cassidy, Steve Hilton, David Cameron, Arnold Schwarzenegger, There’s, Thom Tillis, Tillis, Ted Budd, Laura Kelly Organizations: Detroit, Democrat, Democratic, Gov, Policy Conference, Biden, Michigan, Duggan’s, Rocket Mortgage, Republicans, JPMorgan Chase, ”, Republican, GOP, Senate, Trump, Fox, MAGA Republican, Kansas Gov, Kansas Democrats, Trust Locations: Washington, Michigan, Detroit, Maine, Connecticut, Jesse Ventura in Minnesota, Nebraska, Louisiana, California, North Carolina, Florida , Texas, New Mexico , Colorado , Iowa , Connecticut , Illinois, New Jersey, Kansas

Police believe the shooter left the city, triggering an intense manhunt that led to the arrest of Luigi Mangione, 26, at a McDonald’s in Altoona, Pennsylvania, days later. He is seen on video getting off a bus at the Port Authority Bus Terminal at 42nd Street and Eighth Avenue. 7:30 a.m.: He is seen in the vicinity of the George Washington Bridge, near a Port Authority bus station. Wednesday, Dec. 4-Monday, Dec. 9Before his arrest in central Pennsylvania, Mangione spent time on both ends of the state, authorities said. Tuesday, Dec. 101:40 p.m. Mangione struggles with guards as they try to lead him into Blair County, Pennsylvania, court.

Persons: Brian Thompson, Thompson, UnitedHealth, Luigi Mangione, Kenny, Joseph Kenny, “, ” Kenny, ”, George Washington, Mangione, Josh Shapiro, Shapiro, he’s, George Bivens, “ We’ve, Derek Swope, Jessica Tisch, “ It’s Organizations: Port Authority, New York police, New, New York Hilton Midtown, Police, Eighth, Hilton, ” New York Police Department Chief, Sixth, Park West, Columbus, ”, Altoona, United, Altoona Police, New York, New York City Police Locations: Manhattan, New York, Pennsylvania, Altoona , Pennsylvania, New York City, Atlanta, Amsterdam, Central, Philadelphia, Pittsburgh, New, Altoona ., Blair County , Pennsylvania

WASHINGTON — Top Republicans are divided over the best strategy to advance core components of President-elect Donald Trump’s agenda when the party gains a slim majority in Congress next year. “My goal is to make sure we’re successful on making sure Trump’s tax cuts are made permanent and extended. I have tax cuts. “We should be doing the biggest reconciliation package you possibly can conceive of the first time around. I’m not sure you even get the second reconciliation package,” Biggs told NBC News on Tuesday.

Persons: Donald Trump’s, Jason Smith, Smith, ” Smith, I’ve, John Thune, ” Thune, ”, “ We’ve, Mike Johnson, Trump, Johnson, Trump's, we’re, we’ll, Kristen Welker, “, Stephen Miller, Russell Vought, Matt Gaetz, Elise Stefanik, Mike Waltz, Corralling, Warren Davidson, Andy Biggs, he’s, I’m, ” Biggs, Biggs, James Comer, Tim Walberg, Jason, ” Walberg, Greg Murphy, Biden, ” Murphy Organizations: WASHINGTON —, Trump, Republicans, Democratic, GOP, “, NBC News, Army - Navy, Republican, NBC, Press, White, Management, First, Conservative, Energy, Commerce, ” Locations: Florida, New York, Ohio, Arizona, ”, Ky

☆ Former top Biden aide slams Hunter Biden pardon rollout strategy
▼ + stars: | 2024-12-11 | by ( Samantha Waldenberg | Betsy Klein | ) edition.cnn.com time to read: +3 min

Washington CNN —One of President Joe Biden’s former top communications advisers ravaged the president’s messaging rollout strategy around his decision to pardon his son, Hunter Biden, lambasting the situation as “exceptionally poor timing” in a major public rebuke of her former boss. Dunn was a deeply loyal aide with a big-picture view of Biden’s strategy – with a hand in nearly all aspects of his political life. The president has said he made the decision over the Thanksgiving holiday weekend while with family in Nantucket. A new CNN/SSRS poll released on Wednesday shows that just one-third of Americans (32%) approve of the president’s decision to pardon his son, while 68% disapprove. The White House has defended Biden’s decision, with press secretary Karine Jean-Pierre arguing that President-elect Donald Trump would not slow down in pursuit of bringing charges against Hunter Biden in the future.

Persons: Joe Biden’s, Hunter Biden, “, Kash Patel, ’, Anita Dunn, Maggie Haberman, Dunn, Biden, Kamala Harris, ” Dunn, Hunter Biden’s, ”, Karine Jean, Pierre, Donald Trump, ” Jean Organizations: Washington CNN, CNN, New York Times, Biden, White Locations: Nantucket

☆ The biggest supermarket merger in US history is dead
▼ + stars: | 2024-12-11 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Albertsons is terminating an attempted takeover by Kroger a day after a federal judge blocked the deal. The suit marks a decisive end to the largest proposed supermarket merger in US history. AdvertisementAlbertsons said Wednesday that it is terminating Kroger's attempted $24.6 billion acquisition, a day after a federal judge blocked the deal due to antitrust concerns. Albertsons' Moriarty called Kroger's approach to getting regulatory approval "willfully deficient" and said the suit is intended to "protect the interests of our shareholders, associates, and consumers." The suit marks a decisive end of the largest proposed supermarket merger in US history, which faced challenges from the Federal Trade Commission and two US court cases.

Persons: Kroger, Tom Moriarty, Albertsons, Moriarty Organizations: Albertsons, Kroger, Federal Trade Commission Locations: Delaware, Washington

☆ Bill Belichick agrees to deal to become UNC football head coach
▼ + stars: | 2024-12-11 | by ( The Athletic College Football Staff | ) www.nytimes.com time to read: +16 min

The opportunity to do so comes in Chapel Hill, where the Tar Heels have not won a conference title since 1980. Belichick, 72, spent some time in college football this year at Washington, where his son Steve Belichick joined the Huskies as defensive coordinator under first-year head coach Jedd Fisch. Bill’s father, Steve, worked in college football for more than 40 years (including a stop at UNC). Belichick spent some time in college football this year at Washington, where his son Steve Belichick joined the Huskies as defensive coordinator. After Brown was fired, Cunningham appeared on UNC’s “Carolina Insider” podcast and detailed what he was looking for in the Tar Heels’ next football coach.

Persons: Brendan Marks, Michael Silver, Jeff Howe, Dianna Russini Bill Belichick, “, ” Belichick, Mack Brown, Belichick, Tom Brady, Don Shula, Brown’s, Steve Belichick, Jedd Fisch, Belichick’s, Mike Lombardi, Lombardi, Bill’s, Steve, Nick Saban, Saban, –, Steph Chambers, Pat McAfee, ”, Bill Belichick, Brown, Jon Sumrall, Tommy Rees, Glenn Schumann, Jeff Monken, — Dianna Russini, Bubba Cunningham, Cunningham, UNC’s, ” Cunningham, we’ve, Lee Roberts, “ Bill Belichick, it’ll, Grant Halverson, Robert Kraft, Maddie Meyer, Brady, —, oster, orth, ake, ince, isited, anders, ure, addie M eyer Organizations: NFL, New England Patriots, University of North, Athletic, UNC, Chapel, Patriots, Huskies, North Carolina, Washington, Belichick, UNLV, Cleveland Browns, Baltimore Colts, Detroit Lions, Denver Broncos, New York Giants, New York Jets, Browns, Shula’s NFL, Atlanta Falcons, Jets, Chicago Bears, New, New Orleans Saints —, Tulane, North Carolina’s, Trustees, UNC’s “, Carolina, College Football, College isn’t, Tampa Bay Buccaneers, Naval Academy, IF, ust Locations: University of North Carolina, Chapel Hill, North, New England, Washington, Alabama, North Carolina, New Orleans, Georgia, Carolina

☆ Ukraine supplied Syrian rebels with drones and operators for the offensive that toppled Assad last week: report
▼ + stars: | 2024-12-11 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

The Ukrainian aid played a modest role in toppling him, Western intel sources told the outlet. Ukrainian intelligence supplied Syrian rebels with about 150 drones and 20 drone operators last month, shortly before the offensive that toppled Syrian dictator Bashar Assad last week, The Washington Post reported, citing sources familiar with Ukrainian military activities. AdvertisementThe military aid played a modest role in ousting Assad, Western intelligence sources told the outlet. On Sunday, Syrian rebels led by the Islamist group Hayat Tahrir al-Sham overthrew Assad after a lightning two-week campaign that caught the world off guard and ended Assad's 24-year rule. Ukraine's intelligence services didn't immediately respond to requests for comment from BI.

Persons: Hayat Tahrir, Sham, Bashar Assad's, Bashar Assad, Assad, Sergey Lavrov, Alexander Lavrentyev, Alexander Libman, Libman Organizations: Washington Post, Western intel, Post . Business, Russian, TASS, Directorate of Intelligence, Free University of Berlin, Maxar Technologies, BI Locations: Ukraine, Western, Syrian, Russia, Ukrainian, Sudan, Idlib, Syria's, Syria, Russian, Africa, Hmeimim, Tartus

☆ There's one final way Biden can fund Ukraine's fight against Russia, researchers say
▼ + stars: | 2024-12-11 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

The Biden administration should seize Russia's frozen assets held by the US, two researchers say. President Joe Biden's final move to help Ukraine should be to seize Russia's reserve assets held by the US before the start of Donald Trump's second term, two researchers wrote this week. "Saudi Arabia, for example, has threatened to sell its European debt holdings if Europe seizes the frozen assets." The US wouldn't be completely alone in doing so — both Canada and the United Kingdom appear willing to seize assets held in their countries. Russia has warned of retaliation if its frozen assets are seized, cautioning that it could seize Western-owned corporate assets still in the country.

Persons: Biden, Joe Biden's, Donald Trump's, Trump, Joe Biden, Maximilian Hess, Carey K, Mott, Hess, Hungary's, Janet Yellen Organizations: Policy Research Institute, Yale Program, Kremlin, Kyiv, Seven, Russia, European, Western, Bloomberg Locations: Europe, Ukraine, United States, Moscow, Saudi Arabia, Germany, Canada, United Kingdom, Russia

☆ Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
▼ + stars: | 2024-12-11 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

The U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the shortfall topped $1.8 trillion, the Treasury Department reported Wednesday. For the month, the deficit totaled $366.8 billion, 17% higher than November 2023 and taking the total for the first two months of the fiscal year more than 64% higher than the same period a year ago on an unadjusted basis. Outlays totaled $668.5 billion, or nearly $80 billion more from a year ago. On an adjusted basis, the deficit was $286 billion and has totaled $544 billion year to date, an increase of 19%. The Treasury Department expects to pay $1.2 trillion this year in total interest on debt.

Persons: Outlays Organizations: Treasury, Treasury Department, Fed, Social Security Locations: Washington , DC, U.S

☆ China's Nvidia probe a 'meritless' play for leverage, says think tank vice president
▼ + stars: | 2024-12-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's Nvidia probe a 'meritless' play for leverage, says think tank vice presidentStephen Ezell, vice president for global innovation policy at the Washington-based Information Technology and Innovation Foundation, discusses the motivations behind China's antitrust probe into American chip giant Nvidia.

Persons: Stephen Ezell Organizations: Nvidia, Technology, Innovation Foundation Locations: Washington

FBI Director Christopher Wray walks into a secure information area (SCIF) ahead of a closed-door security meeting on Capitol Hill in Washington on September 25, 2024. FBI Director Christopher Wray said Wednesday that he will resign by the end of the Biden administration next month. Trump in November announced his intention to nominate Kash Patel as FBI director. Patel is a former federal prosecutor and a Trump loyalist who has been critical of the FBI. Trump, who was president at that time, nominated him to the post after firing James Comey as director.

Persons: Christopher Wray, Biden, Donald Trump, Wray, Trump, Kash Patel, Patel, James Comey, I've Organizations: Capitol, Federal Bureau of, Trump, FBI, White Locations: Washington

☆ Trump to be named Time’s ‘Person of the Year’ for second time
▼ + stars: | 2024-12-11 | by ( Steve Contorno | Kristen Holmes | ) edition.cnn.com time to read: +4 min

CNN —Donald Trump once publicly speculated that Time would never name him the news magazine’s “Person of the Year.”Now, the honor will be bestowed on him twice. Trump’s 2024 selection mirrors his first recognition in 2016, when Time named him Person of the Year after his unexpected rise to the presidency. Despite the magazine’s dwindling circulation, Time’s Person of the Year remains an annual cultural touchstone and the distinction has become an obsession of sorts for Trump throughout the years. Despite his regular criticism of the media, Trump has regularly granted access to legacy outlets – including Time. Every US president since Franklin Delano Roosevelt, except Gerald Ford, has been named Person of the Year at least once.

Persons: Donald Trump, Trump, Taylor Swift, Kamala Harris, Angela Merkel, “, ”, –, Harris, Franklin Delano Roosevelt, Gerald Ford, Joe Biden, Ivanka Trump, Betsy Klein, Hadas Gold Organizations: CNN, New York Stock Exchange, Time, Trump, The Washington Post, Occupy, Twitter Locations: Germany, Beach

☆ Luigi Mangione-themed merch is popping up all over the internet — and platforms are slapping down many listings
▼ + stars: | 2024-12-11 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

It doesn't ban the phrase "Deny. Retail platforms like Amazon, Etsy, and eBay are slapping down merch listings that glorify Luigi Mangione — the suspect in the killing of UnitedHealthcare CEO Brian Thompson. On Etsy, products were being offered with Mangione's likeness and the phrase "Deny, Defend, Depose," BI sister site Morning Brew reported. A "Free Luigi" shirt is among the Luigi Mangione-themed items popping up on Etsy. ScreengrabAnd an eBay spokesperson told BI that items that "glorify or incite violence" are prohibited from its marketplace.

Persons: Luigi Mangione, Mangione, Luigi Mangione —, Brian Thompson, —, Elon Musk, they're, Luigi Organizations: eBay, Morning, The Washington Post Locations: American

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