DIRS.INFO The most relevant business & tech news

☆ Student loan payments are back. Here’s where some Americans are trimming their budgets
▼ + stars: | 2023-10-11 | by ( Alicia Wallace | ) edition.cnn.com time to read: +14 min

Student debt relief activists participate in a rally at the US Supreme Court on June 30, 2023 in Washington, DC. “Of course, the lowest-earning households still collectively owe around $7 billion a year in student loan repayments. After the Supreme Court dashed any hopes of loan forgiveness, more Americans started making loan payments before the official repayment period, as well as interest, kicked in. “It’s just all the supplemental spending, a lot of that will disappear so that we can make room for the [student loan] payments,” he said. Jonnisha McCleod was able to wipe out $12,000 of her student loan debt.

Persons: Minneapolis CNN —, they’re, ”, Justine Lyons, “, pesky, Lyons, — Lyons, Robin Nathan “ It’s, you’ve, it’s, Kevin Dietsch, Emerson Sprick, Biden, Sprick, Shannon Seery, Wells, ” Seery, Nancy Vanden Houten, Brian Snyder, Snyder, “ It’s, Megan Lopez, ” Lopez, you’re, Logan Ricketts, Jamie, they’ve, ” Logan, Jonnisha, ” McCleod, ’, McCleod, Jonnisha McCleod, I’m, “ I’m, Katrice Williams, Williams couldn’t, Edna Monroy “, Williams Organizations: Minneapolis CNN, National Student, Federal Reserve Bank of New, US, Biden, New York Fed, Coalition, Department of Education, Education Department, CNN, Oxford, Oxford Economics, SAVE, Cleveland State University College of Law, Trump Locations: Minneapolis, Decatur , Georgia, States, Federal Reserve Bank of New York, Washington , DC, Wells Fargo, Baltimore , Maryland, Las Vegas, Cedar Park , Texas, Omaha , Nebraska, undergrad, Cleveland , Ohio

The Hamas terrorist attack on Israel is reprehensible. Israel is under heavy attack right now by Hamas and taking action to defend itself and its people. Israel has every right to defend itself.”Sen. Jon Tester, Montana Democrat“I strongly condemn the terrorist attacks launched by Hamas against our ally Israel. I will continue to closely monitor the situation.”Sen. Maggie Hassan, New Hampshire Democrat“Hamas’s terrorist attack on Israel is nothing short of horrifying. Israel has every right to defend itself from this unjust war.”Sen. Ron Wyden, Oregon Democrat“The terrorist attack on Israel is appalling.

Persons: Hakeem Jeffries, “, Steve Scalise, ” Kevin McCarthy, ” Chuck Schumer, –, Herzog –, ” Mitch McConnell, ” Tom Emmer, ” Katherine Clarke, ” Dick Durbin, ” John Thune, ” Sen, Debbie Stabenow, Michigan Democrat “, Israel, Amy Klobuchar, Mark Warner, Elizabeth Warren, Massachusetts Democrat “, Bernie Sanders, Cory Booker, Cory Booker , New Jersey Democrat “, Joe Manchin, West Virginia Democrat “, Tammy Baldwin, Wisconsin Democrat “, Gary Peters, Gary Peters , Michigan Democrat “, Catherine Cortez Masto, Brian Schatz, Hawaii Democrat “, Jeff Merkley, Oregon Democrat “, John Barrasso, Joni Ernst, Iowa Republican “, Sen, Shelley Moore Capito, West Virginia Republican “, Steve Daines, Montana Republican “, Mike Lee, Mike Crapo, Chuck Grassley, Tommy Tuberville, Katie Britt, Lisa Murkowski, Dan Sullivan, Kyrsten, Mark Kelly, John Boozman, Tom Cotton, Arkansas Republican “, Alex Padilla, Laphonza Butler, California Democrat “, today’s, Michael Bennet, Colorado Democrat “, John Hickenlooper, Richard Blumenthal, Connecticut Democrat “, Chris Murphy, Tom Carper, Delaware Democrat “, Chris Coons, Marco Rubio, Rick Scott, Jon Ossoff, Georgia Democrat “, Anat Sultan, Raphael Warnock, “ I’m, Mazie, Tammy Duckworth, Todd Young, Mike Braun, Jerry Moran, Kansas Republican “, Hamas’s, Roger Marshall, Netanyahu, Rand Paul, Kentucky Republican “, Bill Cassidy, John Kennedy, Susan Collins, Maine Republican “, Ben Cardin, Maryland Democrat “, Chris Van Hollen, Ed Markey, Tina Smith, Minnesota Democrat “, Roger Wicker ,, Roger Wicker , Mississippi Republican “, Cindy Hyde, Josh Hawley, Eric Schmitt, Jon Tester, Montana Democrat “, Deb Fischer, Nebraska Republican “, Pete Ricketts, Jacky Rosen, Nevada Democrat “, Jeanne Shaheen, Jeanne Shaheen , New Hampshire Democrat “, Maggie Hassan, Maggie Hassan , New Hampshire Democrat “, Bob Menendez, Bob Menendez , New Jersey Democrat “, Martin Heinrich, New Mexico Democrat “, Biden, Ben Ray Lujan, Kirsten Gillibrand, New York Democrat “ I'm, Thom Tillis, Ted Budd, North Carolina Republican “, John Hoeven, John Hoeven , North Dakota Republican “, Kevin Cramer, Sherrod Brown, Ohio Democrat “, J.D, ”, Vance, James Lankford, Markwayne Mullin, Israel –, Ron Wyden, Bob Casey, John Fetterman, craven, Jack Reed, Sheldon Whitehouse, Lindsey Graham, Tim Scott, South Carolina Republican “ I’m, Mike Rounds, South Dakota Republican “ Shocked, Marsha Blackburn, Marsha Blackburn , Tennessee Republican “ Israel, Bill Haggerty, Tennessee Republican “, John Cornyn, John Cornyn , Texas Republican “, Ted Cruz, Mitt, Vile, Peter Welch, Vermont Democrat “, Tim Kaine, Patty Murray, Washington Democrat “, Maria Cantwell, Ron Johnson, Wisconsin Republican “ Israel, Cynthia Lummis, Wyoming Republican “, Jim Jordan, Jared Moskowitz, Abigail Spanberger, Elissa Slotkin, Don Bacon, perpetrating, Cori Bush, Missouri Democrat “, Kevin Hern, Kevin Hern , Oklahoma Republican “, ” Rep, Ritchie Torres, Ritchie Torres , New York Democrat “, Michael McCaul, Michael McCaul , Texas Republican “ I, Ilhan Omar Organizations: Palestinian, Hamas, Biden, House, Michigan Democrat, Minnesota Democrat, Virginia Democrat “, Senate Intelligence, Massachusetts Democrat, Islamic, Cory Booker , New, Cory Booker , New Jersey Democrat, West Virginia Democrat, Wisconsin Democrat, Gary Peters , Michigan Democrat, Nevada Democrat, Hawaii Democrat, State, Oregon Democrat, John Barrasso , Wyoming Republican, Iowa Republican, West Virginia Republican, Montana Republican, Utah Republican, Idaho Republican, Alabama Republican, Alaska Republican, Alaska Republican “, Arizona Democrat, John Boozman , Arkansas Republican “, Jewish, Arkansas Republican, California Democrat, Colorado Democrat, Connecticut Democrat, Delaware Democrat, Israel, Florida Republican, Georgia Democrat, Hawaii Democrat “, Indiana Republican, Indiana Republican “, Kansas Republican, Kentucky Republican, Louisiana Republican, Maine Republican, Maryland Democrat, Roger Wicker , Mississippi Republican, Smith , Mississippi Republican, Josh Hawley , Missouri Republican, Missouri Republican, Montana Democrat, Nebraska Republican, Jeanne Shaheen , New, Jeanne Shaheen , New Hampshire Democrat, Maggie Hassan , New Hampshire Democrat, Bob Menendez , New, Bob Menendez , New Jersey Democrat, New Mexico Democrat, New, New York Democrat, United, North Carolina Republican, John Hoeven , North Dakota Republican, Kevin Cramer , North Dakota Republican “, Ohio Democrat, Vance , Ohio Republican, James Lankford , Oklahoma Republican, Oklahoma Republican, “ Hamas, Rhode, Lindsey Graham , South Carolina Republican, South Carolina Republican, South Dakota Republican, Marsha Blackburn , Tennessee Republican, Tennessee Republican, John Cornyn , Texas Republican, Ted Cruz , Texas Republican, Vermont Democrat, Washington Democrat, Wisconsin Republican, Wyoming Republican, ”, Ohio Republican “, Missouri Democrat, Kevin Hern , Oklahoma Republican, Ritchie Torres , New, Ritchie Torres , New York Democrat, Jewish State, Michael McCaul , Texas Republican Locations: Israel, United States, Tehran, The United States, Iran, Michigan, U.S, Minnesota, Massachusetts, Vermont, Cory Booker ,, Cory Booker , New Jersey, West Virginia, Wisconsin, Gary Peters , Michigan, Nevada, Hawaii, Oregon, John Barrasso , Wyoming, America, Iowa, West, Montana, Iranian, Utah, Idaho, Alabama, Alaska, Alaska Republican “ America, @Israel, Kyrsten Sinema, Arizona, John Boozman , Arkansas, Jewish State, Arkansas, Saudi Arabia, California, Gaza, Colorado, Connecticut, Delaware, Florida, Georgia, Mazie Hirono, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Palestine, Roger Wicker , Mississippi, Smith , Mississippi, Josh Hawley , Missouri, Missouri, Nebraska, Jeanne Shaheen ,, Jeanne Shaheen , New Hampshire, Maggie Hassan , New Hampshire, Bob Menendez ,, Bob Menendez , New Jersey, New Mexico, New York, North, John Hoeven , North, Kevin Cramer , North, Ohio, Vance , Ohio, James Lankford , Oklahoma, Oklahoma, Pennsylvania, Rhode Island, Lindsey Graham , South, South, States, Marsha Blackburn , Tennessee, Tennessee, John Cornyn , Texas, Ted Cruz , Texas, Mitt Romney, Virginia, “ Hamas, Washington, Wyoming, Ohio Republican “ America, Kevin Hern , Oklahoma, Ritchie Torres ,, Ritchie Torres , New York, Michael McCaul , Texas

☆ What Uganda’s war on second-hand clothes means for fashion
▼ + stars: | 2023-09-25 | by ( Sarah Kent | ) edition.cnn.com time to read: +8 min

Camille Delbos/Art In All of Us/Corbis/Getty ImagesSo Kolade turned to something that was available in abundance: second-hand clothes. “I have declared war on second-hand clothes to promote African wear,” the President said during the opening of 16 factories at an industrial park late last month, according to Ugandan newspaper Daily Monitor. Ugandan fashion house Buzigahill give new life to second-hand clothes through patchworking and splicing pieces together. According to the Uganda Dealers in Used Clothing and Shoes Association, there are a huge number of jobs directly and indirectly involved in the second-hand clothing supply chain. “It is clear that the second-hand clothing trade is broken because the firsthand clothing trade is broken,” said Ricketts.

Persons: Bobby Kolade, Camille Delbos, Kolade, patchworked sweats, Yoweri Museveni, Martin Kharumwa, ”, Corti Paul Lakuma, Bales, Andrew Caballero, Reynolds, Uganda’s, Buzigahill, Liz Ricketts, Ricketts Organizations: CNN, The, Fashion, Ugandan, Daily Monitor, East African Community, Policy Research, Greenpeace, Bloomberg, Getty, European Union, European Environment Agency, Uganda Dealers, Association, European Locations: Berlin, Kampala, Entebbe, Uganda, Turkey, China, East, Europe, East Africa, Philippines, Indonesia, Rwanda, Kenya, Tanzania, Ugandan, Accra, Ghana, Africa, Kantamanto, California

☆ UK government under pressure to take tougher line on China amid spying allegations
▼ + stars: | 2023-09-13 | by ( Luke Mcgee | ) edition.cnn.com time to read: +9 min

Sunak’s predecessor Liz Truss called for the government to formally designate China as a threat to the UK. Florence Lo/APUnder the radarBut back to the question at hand: should the events of the past few days affect the UK’s official policy? Despite the arrests, observers believe it is unlikely there will be a sea-change in the UK government’s policy on China. The allegations that China is spying on the UK, in the very heart of Britain’s democracy, is of course a very real concern. But it will not be a surprise to the government, which has baked it into British foreign policy.

Persons: Tom Tugendhat, Tugendhat, Rishi Sunak, Premier Li Qiang, ”, Sunak’s, Liz Truss, Iain Duncan Smith, UK’s, Oliver Dowden, James, Han Zheng, Florence Lo, —, Peter Ricketts, “, doesn’t, ” Ricketts, Christopher Furlong Organizations: London CNN, Sunday Times, Conservative, CNN, Premier, Embassy, Metropolitan Police, Conservative Party, of, People, parliament’s Intelligence, Security, British National Security, Getty, Russia, Diplomats Locations: China, Beijing, New Delhi, London, gossiping, Europe, Hong Kong, South China, Taiwan, Westminster

☆ Americans Are Losing Faith in the Value of College. Whose Fault Is That?
▼ + stars: | 2023-09-05 | by ( Paul Tough | ) www.nytimes.com time to read: +2 min

Economists have a term for the gap that exists between the incomes of college graduates and high school graduates: the college wage premium. When employers want more college graduates, the premium goes up; when there is a surplus of college grads, the premium goes down. In theory, today’s sky-high college wage premium should mean a surge of young people onto college campuses, not the opposite. But as a measure of the true value of higher education, the college wage premium has one important limitation. Unlike the college wage premium, the college wealth premium looks at all your assets and all your debts: what you’ve got in the bank, whether you own a house, your student-loan balance.

Persons: Bill, Louis, you’ve, Louis — Lowell Ricketts, William Emmons, Ana Hernández Kent — Organizations: Federal Reserve Bank of St Locations: St

☆ Scientists solve octopus garden mystery
▼ + stars: | 2023-08-23 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —Deep-sea octopuses are typically solitary creatures that inhabit frigid waters in one of Earth’s most challenging environments. By nesting at hydrothermal springs, octopus moms give their offspring a leg up,” explained Barry, who was the lead author of the study. However, the water temperature in cracks and crevices at the octopus garden reaches about 51 degrees Fahrenheit (11 degrees Celsius). MBARIUnderwater technologyThe researchers at Monterey Bay Aquarium Research Institute and their colleagues at other institutions used state-of-the-art underwater technology to understand the octopus garden. MBARIFaster brood times in the octopus gardenWith this information, scientists pieced together why the octopus are attracted to the site.

Persons: Monterey , California —, ”, Jim Barry, Barry, Don Ricketts, We’ve, ” Barry, it’s, Davidson Organizations: CNN, Aquarium Research Institute, Researchers Locations: Davidson, Monterey , California, Monterey, Central California, Costa Rica

☆ Cadella Marley: Bob Marley instilled a love of football in his daughter. Now she’s changing the lives of women and girls in Jamaica
▼ + stars: | 2023-07-22 | by ( Matias Grez | ) edition.cnn.com time to read: +12 min

“I’m reading it … I’m like: ‘Wait, Jamaica has a women’s football team? Six years earlier, in 2008, underfunding had led to the Jamaican Football Federation (JFF) disbanding the women’s national team program. The women’s team disbanded again in 2016, but Marley never wavered in her commitment to the program. Marley’s work has helped not only improve standards and conditions for players, but also helped shift the country’s attitude towards the women’s national team. Qualifying to the knockouts will be difficult, but more history, this time a first Women’s World Cup win, is a real possibility.

Persons: Bob Marley, Cedella, “ Daddy, ” Marley, “, Ziggy, Steve, Pelé, Cadella, Joe Maher, underfunding, Marley, Ziggy Marley, Damien, –, Cedella Marley, Angela Weiss, ’, Havana Solaun, Khadija ‘ Bunny ’ Shaw, Jamaica's Khadija Shaw, Alfredo Estrella, Hue Menzies, Michael Ricketts, ”, Chinyelu Asher, ’ ” Asher, Asher, Bob Marley's, hasn’t, “ I’d, England’s Lionesses, I’ve, Bob Marley Foundation “, “ It’s Organizations: CNN — Football, CNN Sport, Soccer, Jamaican Football Federation, women’s, Bob Marley Foundation, Jamaica's, Getty, Ajax, Adidas, Friendship Sports, Havana, Manchester City, Super League, CNN, ” Reuters, Jamaica Locations: Jamaica, Caribbean, Amsterdam, Netherlands, Australia, New Zealand, Italy, Brazil, AFP, United States, France, Panama, Fort Lauderdale , Florida, Costa Rica, Kingston , Jamaica

☆ Millennials aren't as rich as they were a year ago. Here's why.
▼ + stars: | 2023-06-28 | by ( Jacob Zinkula | Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

The average millennial's net worth grew from $64,000 to $111,000 between the first quarter of 2020 and 2022. But just two years later, as of the first quarter of 2022, the average millennials' net worth surged to $111,000. As of the fourth quarter of last year — the most recent measure – millennials' average net worth had fallen to roughly $106,000. And what are the key factors that could impact millennials' wealth trajectory in the years to come? According to Ricketts, millennials' net worth has "plateaued" — rather than notably declined — over the past year.

Persons: —, Millennials, Matt Schulz, Schulz, Lowell Ricketts, Louis Fed, Ricketts, millennials, Gen Organizations: Service, Federal Reserve, St, Fed Locations: millennials

☆ Eurovision: The coronation may have passed off peacefully. But song contest could be a bigger headache
▼ + stars: | 2023-05-10 | by ( Luke Mcgee | ) edition.cnn.com time to read: +8 min

London CNN —Britain’s security services are quietly relieved that the coronation of King Charles III passed without major incident – save for some accusations of heavy-handed policing. On the face of it, the stakes associated with the grand final of the Eurovision Song Contest would not appear to be particularly high. For that reason, British security officials are more exercised than they might otherwise have been about a kitschy musical competition. “On one hand you have thousands of people enjoying the nightlife, which means potential of physical targets and organized crime. This year’s event is, at its heart, a partnership between the UK and Ukraine, two major thorns in the Kremlin’s side.

Florida lawmakers sent DeSantis a bill that would let him stay governor while running for president. "I don't think we have seen a six-month stretch that has ever been this productive in the history of our state," DeSantis said at the Florida Capitol in Tallahassee on Friday. Should DeSantis be successful in a presidential run, he would follow in the footsteps of Democrat Bill Clinton and Republican George W. Bush. Ron DeSantis speaks during an election night watch party at the Convention Center in Tampa, Florida, on November 8, 2022. During a press conference in Panama City, Florida, on Thursday, DeSantis continued to play coy about his intentions.

April 28 (Reuters) - A federal judge in Denver on Friday rejected a Catholic medical center's bid to block Colorado from banning an unproven treatment meant to reverse the effects of a medication abortion drug. Medication abortion begins with the drug mifepristone, which blocks action of the hormone progesterone, crucial for sustaining pregnancy, and is completed with a second drug, misoprostol. Proponents of medication abortion reversal say that if a woman changes her mind after taking mifepristone but before taking misoprostol, the pregnancy can be continued by administering a high dose of progesterone. Mifepristone is the subject of a heated legal battle as anti-abortion groups seek to pull it from the market. Republican state legislatures have also taken steps to restrict access to the drug, while Democratic legislatures have sought to protect it.

☆ Disappointment for King Charles as first overseas visit as monarch is postponed
▼ + stars: | 2023-03-24 | by ( Michael Holden | ) www.reuters.com time to read: +4 min

LONDON, March 24 (Reuters) - King Charles' first state visit to France as British monarch, postponed on Friday because of widespread social unrest, was supposed to be an occasion celebrating a new chapter of harmony in relations between London and Paris. "The king and queen consort were of course very much looking forward to the visit," a Buckingham Palace source said. On the first state visits of his reign, the new monarch and his wife Camilla, the Queen Consort, were going first to France before heading on to Germany. Now it jars with the angry mood in France," Peter Ricketts, a former British ambassador to France, told Sky News. Both the palace and Macron said they looked forward to the postponed trip going ahead in the future when dates can be found.

☆ Insiders were stepping up and buying this week at these regional banks and niche financials
▼ + stars: | 2023-03-17 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

The banking crisis drove regional bank stocks sharply lower this week, but many insiders took advantage of the turmoil to scoop up shares of their own institutions in what may prove a vote of confidence. Shares of regional banks slumped as the collapse of Silicon Valley Bank left investors worried that other regional banks might face similar balance sheet issues, a possible mismatch between long-dated assets and short-dated liabilities. Regional banks had regained some ground Thursday in anticipation of a group of 11 banks stepping in to First Republic by depositing $30 billion for at least 120 days . Charles Schwab Notably, Charles Schwab CEO Walt Bettinger bought 50,000 shares Tuesday, worth nearly $3 million, for his personal account. Valley National Bancorp Ira Robbins (CEO) bought 5,000 shares Wednesday Jennifer Steans (Director) bought 150,000 shares Tuesday Eric Edelstein (Director) bought 20,000 shares Tuesday Melissa Schultz (Director) bought 15,000 shares Tuesday Jeffrey Wilks (Director) bought 8,000 shares Tuesday Marc Lenner (Director) bought 5,000 shares Tuesday Suresh Sani (Director) bought 5,000 shares Tuesday Valley National Bancorp saw a rush of insider buying this week, including purchases by its CEO and several directors.

☆ Spirit sign 15-year-old Ricketts, youngest-ever contracted in NWSL
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +1 min

March 3 (Reuters) - Washington Spirit have signed 15-year-old Chloe Ricketts on a three-year deal, making the midfielder the youngest-ever player to have a National Women's Soccer League (NWSL) contract. "The vision and infrastructure of our club make this signing possible, and we are look forward to Chloe developing and becoming an important player and teammate for our team." Ricketts will continue her education virtually, as the Spirit look to bounce back from a disappointing 2022 that saw them finish 11th in the top-flight U.S. women's league. "The opportunity to join the Washington Spirit on a professional contract is a dream come true," said Ricketts. Reporting by Amy Tennery in New York Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

☆ A Senate hearing on drug trafficking shows how meaningless the world 'cartel' has become
▼ + stars: | 2023-02-26 | by ( Steven Dudley | Insight Crime | ) www.businessinsider.com time to read: +12 min

During a recent Senate hearing on fentanyl trafficking, lawmakers and officials used the word "cartel" 90 times. InSight Crime analysisA Sinaloa Cartel leadership chart from November 2015 with "El Chapo" Guzmán and two of his sons, Ivan Archivaldo and Jesus Alfredo. The Sinaloa Cartel, for instance, has at least three major poles of power, each of which is controlled by different leaders. Sinaloa cartel chief Joaquin "El Chapo" Guzman arrives in New York after his extradition in January 2017. Milgram, for instance, pointed to the DEA's laser focus on the Sinaloa Cartel and the CJNG as the path to success.

☆ Carbon-Credit Raters Aim to Assess a Notoriously Opaque Market
▼ + stars: | 2023-02-07 | by ( Shane Shifflett | Dieter Holger | ) www.wsj.com time to read: +7 min

Carbon-credit-rating firms aim to give buyers confidence in assessing the unregulated market for carbon offsets, voluntary credits that can help companies fulfill their decarbonization promises. Traders, online marketplaces and corporate sustainability departments are typical customers for carbon-credit ratings, but companies increasingly encounter the scores through intermediaries selling the offsets. Sylvera Ltd., one of the carbon-credit raters, said that less than a third of projects aimed at preventing deforestation are high quality. The market for voluntary carbon credits topped $2 billion in 2022, according to publisher and researcher Ecosystem Marketplace. BeZero has fully rated around 280 projects, Calyx around 260, Sylvera around 115 and Renoster has fully reviewed nine.

☆ Pete Ricketts is sworn in as Nebraska's next senator
▼ + stars: | 2023-01-23 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

US VideosPete Ricketts is sworn in as Nebraska's next senatorPostedNebraska's former Republican Governor Pete Ricketts was sworn in on Monday (January 23) as the state's next U.S. senator by Vice President Kamala Harris, after being appointed to fill the seat left vacant by former Senator Ben Sasse.

☆ Former Nebraska Gov. Pete Ricketts to Fill Vacant U.S. Senate Seat
▼ + stars: | 2023-01-12 | by ( Shannon Najmabadi | ) www.wsj.com time to read: 1 min

Jim Pillen speaking in Lincoln, Neb., after the Nebraska gubernatorial election was called in his favor in November. Nebraska Gov. Jim Pillen on Thursday appointed his predecessor to fill the U.S. Senate seat vacated by Ben Sasse , a Republican who resigned earlier this month to become president of the University of Florida. Pete Ricketts , a Republican who served two terms as Nebraska’s governor, will hold the seat until a special election is held in 2024 in the solid conservative state. He would have to run again in 2026 to serve a full six-year term in the Senate.

☆ Nebraska Gov. Pillen appoints former Gov. Pete Ricketts as Ben Sasse's Senate replacement
▼ + stars: | 2023-01-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | Summer Concepcion | ) www.nbcnews.com time to read: +5 min

Ricketts, a Republican like Pillen and Sasse, will serve two years ahead of a 2024 special Senate election. Sasse, a vocal critic of former President Donald Trump and his supporters, officially resigned from the Senate on Sunday. Pillen said Ricketts was tapped for Sasse’s seat after more than 100 people applied and nine were interviewed. Following Pillen’s remarks, Ricketts thanked the governor, saying he was proud to support his campaign, and also thanked Sasse for his service. A top political ally of Pillen, Ricketts endorsed Pillen to succeed him and was a favorite to replace Sasse.

☆ Former Nebraska Governor Ricketts to become U.S. senator
▼ + stars: | 2023-01-12 | by ( Katharine Jackson | ) www.reuters.com time to read: +1 min

WASHINGTON, Jan 12 (Reuters) - Nebraska's former Republican Governor Pete Ricketts is due to become a U.S. senator after being appointed on Thursday to fill the seat left vacant by Republican Senator Ben Sasse. In an anticipated move, Nebraska's Republican Governor Jim Pillen announced the appointment of his predecessor at the state Capitol on Thursday morning. Ricketts, 58, served two terms as Nebraska's governor, wrapping up his second term last week. The senator was one of seven Republican senators who voted to impeach then-president Donald Trump. Ricketts' appointment will not alter the balance of power in the Senate.

☆ One of the most powerful rich families in American politics just got their son in the Senate
▼ + stars: | 2023-01-12 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Ricketts' family owns the Chicago Cubs and has broadly supported conservative causes. Ricketts will replace former Republican Sen. Ben Sasse who left the chamber. Pete Ricketts will be joining the US Senate, an appointment that caps his political comeback and cements his family, which owns the Chicago Cubs, as one of the most powerful forces in American politics. Sen. Deb Fischer, a two-term Republican incumbent and loyal ally of Senate Minority Leader Mitch McConnell, is also up for reelection then too. Along with owning the Cubs, the Ricketts family has long been among the biggest funders of Republican campaigns.

☆ Republican Ben Sasse says he's 'sad' for 'needy and desperate' Trump in parting shot before leaving the Senate
▼ + stars: | 2023-01-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

GOP Sen. Ben Sasse offered a parting blow to Trump as the Nebraskan leaves Congress. Sasse, who is moving on to academia, said it's "sad" the former president is so "needy and desperate." The Nebraska Republican also praised Trump for appointing conservative judges. Sasse formally resigned from the Senate on Sunday to become the next president of the University of Florida. Ricketts ran unsuccessfully for the Senate in 2006, losing handily to then-Democratic Sen. Ben Nelson.

☆ Republican Sen. Ben Sasse officially steps down, opening up appointment to seat
▼ + stars: | 2023-01-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | Summer Concepcion | ) www.nbcnews.com time to read: +3 min

Sen. Ben Sasse, R-Neb., an outspoken critic of former President Donald Trump, officially resigned from the Senate on Sunday as he prepares to step back into academia as president of the University of Florida. The state's previous governor, Republican Pete Ricketts, has said he would seek the appointment. The university’s Board of Trustees later approved Sasse as the school's next president despite vocal opposition from some faculty and students. Sasse frequently aired grievances with Trump as well as his supporters in the Republican Party. “Those lies had consequences, endangering the life of the vice president and bringing us dangerously close to a bloody constitutional crisis,” Sasse said at the time.

Another focus of the conference was “electability,” with many Republicans expressing increased interest in making sure that candidates who emerged from primaries were best positioned to win in November. Pete Ricketts, who just finished a term as RGA co-chair, suggested that the group could get more involved in primaries. The RGA did spend to defend incumbents facing primaries but now may consider spending in open races. “The idea that Trump would make an announcement yesterday — and I’ve been proven right, because it’s barely a story — it was just stupid,” he said. It’s clearly from a position of weakness, and for his own self-serving purposes, whatever they may be legal or otherwise.

☆ Republican Jim Pillen faces off against Democratic state Sen. Carol Blood in Nebraska's gubernatorial election
▼ + stars: | 2022-11-08 | by ( Hanna Kang | ) www.businessinsider.com time to read: +3 min

Explore more race results below. Republican Jim Pillen is running against Democratic state Sen. Carol Blood in Nebraska's gubernatorial race. The race is pegged as "solid Republican." Prior to being elected to the state senate, Blood served two terms on the Bellevue City Council as the at-large representative. What experts sayThe race between Pillen and Blood is rated as "solid Republican" by Inside Elections, "solid Republican" by The Cook Political Report, and "safe Republican" by Sabato's Crystal Ball at the University of Virginia Center for Politics.

Search resuls for: "" Ricketts"

25 mentions found