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☆ China relations 'top of mind' in election, says Brookings' Michael O'Hanlon
▼ + stars: | 2024-11-05 | 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 EmailChina relations 'top of mind' in election, says Brookings' Michael O'HanlonMichael O’Hanlon, Brookings Institutions director of foreign policy research, to discuss what foreign relations are most at stake for the U.S. election, how China relations could play out in either election outcome, and more.

Persons: Brookings, Michael O'Hanlon Michael O’Hanlon Organizations: China, Brookings, U.S Locations: China

Ms. Harris starts out with 226 likely electoral votes compared with 219 for Mr. Trump, with 93 votes up for grabs. Scenario 6 Or by winning Pennsylvania, Michigan and either Georgia … Or by winning Pennsylvania, Michigan and either Georgia … Scenario 7 … or North Carolina. Ms. Harris and Mr. Trump have been campaigning hard and often there, and Democrats hope that the favorable governor’s race could help them. Scenario 5 … like Arizona, Michigan and Wisconsin … … like Arizona, Michigan and Wisconsin … Scenario 6 … or Arizona, Nevada and Pennsylvania. The Harris campaign is taking a similar approach, focusing on white college-educated women, who currently favor Ms. Harris by 29 points.

Persons: Brandon Bell, Harris, immovably, Donald Trump, Kamala Harris, Biden, Trump, Trump’s, Harris –, Trump’s resiliency, Harris’s, William Frey, Michael Dukakis, Josh Shapiro, JD Vance, Mr, Bill McInturff, there’s, –, Joe Rogan’s, Doug Sosnik, Bill Clinton Organizations: Trump, Electoral, Democrats, Republicans, Democratic, Mr, Sun, Electoral College, NBC, Black, Brookings Institution, Michigan, …, Republican, Biden Locations: Virginia, Minnesota, Georgia, Arizona , Nevada, North Carolina, Pennsylvania, Michigan, Wisconsin, Arizona , Georgia, Nevada , North Carolina , Pennsylvania, Wis, Mich, Pa, Nev, N.C, Ariz . Ga, Ariz ., Arizona, Nevada, Wisconsin . Pennsylvania, …, … Georgia, Arizona , Michigan, Pennsylvania , Michigan

☆ Two Washington Post writers who resigned over Bezos’ non-endorsement join The Atlantic
▼ + stars: | 2024-11-01 | by ( Brian Stelter | ) edition.cnn.com time to read: +3 min

New York CNN —Two veteran writers who resigned from The Washington Post over its non-endorsement decision are joining The Atlantic. Robert Kagan and Danielle Allen are coming aboard as contributing writers, The Atlantic’s editor-in-chief Jeffrey Goldberg said Friday. Kagan, a Post opinion editor-at-large and senior fellow at the Brookings Institution, resigned within minutes of learning the news. More than 250,000 Post customers cancelled their subscriptions in the wake of the non-endorsement, according to reporting by NPR and the Post. For The Atlantic, the Post imbroglio is also an opportunity to attract talent.

Persons: Robert Kagan, Danielle Allen, Jeffrey Goldberg, Jeff Bezos, Donald Trump, Bezos, board’s, Kamala Harris, Kagan, “ Bezos, ”, “, Goldberg, Harris, ” Goldberg, Allen, Trump, Barack Obama, ” Allen Organizations: New, New York CNN, The Washington Post, Atlantic, Post, Amazon, Brookings Institution, Trump, NPR, CNN, Harvard University, Washington Locations: New York

☆ America won the war on inflation. You still think the economy stinks
▼ + stars: | 2024-10-31 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

Although sentiment is improving (more on that soon), poll after poll suggests that Americans hold largely negative views about the US economy. And the US economy remains a job-creation machine, adding 368,000 jobs per month on average during the Biden administration, a record high. But they’re still growing at a 3.9% adjusted rate, according to the Department of Labor. A recent study from the Brookings Institution, released last week, found a correlation between economic sentiment and political affiliation with the party in control of the White House. When Trump took office, Republican economic sentiment surged, while Democratic sentiment cratered.

Persons: Kamala Harris, Joe Biden, Biden, Trump, Covid, That’s, Donald Trump, they’re Organizations: CNN, Bureau of Labor Statistics, Gross, Economic, International Monetary Fund, Labor, BEA, US Department of Housing, Urban Development, Bank of America, Brookings Institution, White, Democratic, Republican, Democrat

☆ What a Trump or Harris presidency would mean for your tax bill
▼ + stars: | 2024-10-31 | by ( Juliana Kaplan | Bryan Metzger | ) www.businessinsider.com time to read: +8 min

Trump's plans could mean tax hikes for lower earners; Harris' proposals would target higher earners. This is the fourth in a five-part series about the impacts either a Trump or a Harris presidency could have on US consumers. Trump has proposed extending his slew of tax cuts from the Tax Cuts and Jobs Act of 2017 — also known as the "Trump tax cut." But another part of Trump's tax policy — his plan to levy universal tariffs on all US imports — could end up undercutting this positive impact. AdvertisementTrump has floated lifting the $10,000 cap on the State and Local Tax deduction, known as SALT, from his 2017 tax bill.

Persons: Trump's, Harris, —, you'll, Trump, He's, Garrett Watson, Harris hasn't, she's, Benjamin Page, Biden, Walz, Ernie Tedeschi, Watson, Tedeschi Organizations: Service, Business, Trump, Social Security, Taxation, Economic, Tax Foundation, State and, Urban, Brookings Tax, Yale Budget Lab, White House Council, Economic Advisers, Finance Locations: California , New Jersey, New York, Congress

☆ How a Trump or Harris presidency could impact the future of AI
▼ + stars: | 2024-10-31 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

Business Insider spoke to five experts about what a Trump and Harris presidency would bring for AI. AdvertisementReese worked at the Department of Homeland Security during the final year of the Trump administration. "When I worked under the Trump administration, there was actually quite a bit of activity, they were very active," he said. Whether Trump or Harris wins the White House, Etzioni and Bailey said that having AI experts in the administration is crucial. Among the few upsides Bailey sees to Biden's executive order is the call to have agencies appoint AI directors.

Persons: Trump, Harris, —, Kamala Harris, Donald Trump, Darrell West, John Bailey, Biden, Taylor Swift, Trump hasn't, Joe Biden, overreach, Nicholas Reese, Bailey, Biden's, Megan Shahi, Oren Etzioni, Etzioni, Joe Biden's, Reese, they're, Shahi, — Bailey, Tony West, Uber — Harris Organizations: Big Tech, Service, White, Business, Center for Technology Innovation, Brookings Institute, American Enterprise Institute, New York University, Emerging Technology, Department of Homeland Security, Technology, Center for American Progress, Allen Institute, Republican, Security, China, Trump, National AI Research, Harris Locations: California

☆ Millennials Are Staring Down 40 and It's Making Them Terrified
▼ + stars: | 2024-10-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

The modern 40 means having toddlers running around, buying your first home, and, at last, catching up on retirement savings. "By the time you're 40, 45, you can't sing, and you can't play guitar; maybe it's time to give up on your aspirations of being a rock star." At work, you realize you're protected from age discrimination, which you feel like you're still much too young for. When we're young, we're happy — and then that declines, bottoming out in middle age, about 40 to 50. The question isn't just whether my 40 will look like my parents' 40 — it's also whether it will look like the 40 of everyone from my high school.

Persons: you've, touchpoints, Carol Graham, they're, Hannes Schwandt, Millennials, they'd, that's, Jean Twenge, Gen X, Silents, Graham, Justin Balik, it's, Oz, Kelly, She's, —, It's, They're, We're, Instagram, Gen Zers, Lindsey Anderson, Anderson, midlife, Gen, Emily Stewart Organizations: AARP, Brookings Institution, grays, Northwestern University, Facebook, University of Maryland, Business Locations: midlife, Schwandt, New Jersey, Massachusetts, I'm

☆ Arizona is the epicenter of the debate over how Trump's mass deportation plan would hit the economy
▼ + stars: | 2024-10-30 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +12 min

Donald Trump proposed mass deportation to lower housing costs and boost job opportunities. AdvertisementThe mass deportation of people living in the US illegally has been one of the cornerstones of the Republican presidential ticket leading up to the November election. Many Democrats say mass deportations would hurt businesses and employment opportunities for all Americans, in addition to separating families and displacing millions of people. She told BI that a mass deportation would devastate the agriculture, construction, and hospitality industries. AdvertisementHow much a mass deportation would cost the governmentThe Trump campaign has talked little about how mass deportations could be implemented and on what scale.

Persons: Donald Trump, —, Trump, Kamala Harris, Biden, Harris, Douglas Nicholls, Nicholls, Regina Romero, Romero, " Romero, Duncan Braid, Braid, Davis, Chloe East, Taylor Rogers, Trump's, Rogers, hasn't, Marcus Noland Organizations: Service, Republican, Pew Research Center, Business, Pew Research, Trump, Immigration, Customs, American Compass, University of California, Brookings Institution, ICE, New York Times, American Immigration, Taxation, Economic, Manhattan Institute, FEMA, RNC, Peterson Institute for International Economics, American Immigration Council, Peterson Institute Locations: Los Angeles, Springfield, Aurora, Ohio, Colorado, Arizona, Yuma , Arizona, Mexico, Yuma, Tucson, Reading , Pennsylvania, US, Aurora , Colorado

☆ AOC and progressive allies want the federal government to build over a million homes. Even YIMBYs don't think it's a good idea.
▼ + stars: | 2024-10-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AOC is behind a new bill to create a federal social housing developer. Unlike traditional American public housing, which is usually reserved for low-income families, social housing is intended to be mixed-income. But some pro-housing policy experts — who subscribe to the YIMBY, or Yes in My Backyard, movement — are skeptical that a federal social housing authority makes sense. Related storiesGallagher, a Democrat who represents gentrifying neighborhoods in North Brooklyn, was struck by the stability created by social housing in Vienna. Congress would likely not support a federal social housing authority until there is evidence of its success at the state level.

Persons: —, Kamala Harris, Alexandria Ocasio, Cortez, Sen, Tina Smith, Minnesota —, Emily Gallagher, Gallagher, Hillary Schieve, Jenny Schuetz, Shane Phillips, Schuetz, Tricky Organizations: Democratic, Service, — Rep, New, Democrat, Yorkers, Brookings Institution, Lewis Center for Regional Policy, Homes, US Department of Housing, Urban Locations: Washington, Alexandria, Minnesota, Austria, New York, North Brooklyn, Vienna, Rhode, Atlanta, California, Montgomery County , Maryland, Reno , Nevada

☆ The electorate is changing. Here’s what that means for Trump and Harris
▼ + stars: | 2024-10-22 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +21 min

He also found that women will comprise nearly 52% of all eligible voters, which should help Harris. (North Carolina is the sole swing state where he found that they had increased as a portion of eligible voters since 2020.) The groups that Harris needs to give her winning margins are the non-White and college-educated White voters (especially women in each case). “I think Gen Z women, including White women, are very committed to an inclusive democracy,” she said. But this history clearly shows it is likely that the changes in the composition of the eligible electorate Frey has documented will closely track the shifts in the configuration of the actual electorate.

Persons: CNN —, Donald Trump, Kamala Harris, demographer William Frey, Frey, Whites, Liz Cheney, Trump, Ronald Reagan, Reagan, Harris, Harris ’, Trump’s, don’t, ”, Manuel Pastor, Pastor, “, White, she’s, Joe Biden, Biden, Patrick Ruffini, Republican pollster, “ Trump, ” Ruffini, Gen, millennials, Melissa Deckman, ” Deckman, Michael McDonald, McDonald, Barack Obama, NORC, Catalist Organizations: CNN, GOP, White, Trump, Whites, Keystone State, Harris, Metro, Nevada . College, Equity Research, University of Southern, Republican, “ Party of, Religion Research Institute, College, University of Florida, Center for American Women, Rutgers University, Rutgers Center, Pew Research, Democratic, Pew, Edison Research Locations: Philadelphia, Detroit, Milwaukee, Arizona, Nevada, Michigan, Wisconsin, Pennsylvania, North Carolina, In Michigan, In Pennsylvania, Arizona , Georgia, North Carolina . Arizona, Georgia, Nevada and Arizona, University of Southern California, “, ’, ”, White, Michigan , Pennsylvania, Trump

☆ Social Security's retirement trust fund may run out in nine years. Here's how the next U.S. president may address that
▼ + stars: | 2024-10-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +7 min

As more retirees start to claim Social Security, there are not enough workers contributing to the program to make up for that increase in benefit payments. But the trust fund Social Security relies on to pay retirement benefits is projected to be depleted in 2033. watch nowBoth presidential candidates — former president Trump and Vice President Harris — have vowed to protect Social Security benefits. "Seniors should not pay tax on Social Security," Trump wrote on July 31 in all capital letters on social media platform Truth Social. Ending taxes on Social Security benefits would move the insolvency date of Social Security's trust fund closer by over one year, according to the Committee for a Responsible Federal Budget.

Persons: Donald Trump, Kamala Harris, Allison Joyce, —, Donald Trump —, Trump, Harris —, Jason Fichtner, Mike Blake, Howard Gleckman, Gleckman, Harris, Kevin Lamarque, Joe Biden, Biden, Governor Walz, Mia Ehrenberg Organizations: Art House Theatre, Bloomberg, Getty, Social Security Administration, Democratic, Republican, Social, Social Security, CNBC, Center, Alliance, Lifetime, Income, Trump, Reuters, ABC, Finance, Urban, Brookings Tax, Brookings, U.S, Union, Employers, Center for Economic, Research, Washington Democrats Locations: Fayetteville , North Carolina, Coachella , California, U.S, Detroit , Michigan

☆ Politics and monetary policy: Dangers of meddling with the Fed
▼ + stars: | 2024-10-18 | 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 EmailPolitics and monetary policy: Dangers of meddling with the FedDonald Kohn, Brookings Institution economic studies senior fellow and former Fed Vice Chair, joins 'Squawk Box' to discuss the dangers of presidents and other politicians meddling with the Fed.

Persons: Donald Kohn Organizations: Brookings, Fed

☆ A Black conservative radio host invoked 'field' and 'house' slaves in arguing why some Black men back Trump
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Unknown.Jpeg | Curtis Bunn | ) www.nbcnews.com time to read: +5 min

Black conservative radio host Shelley Wynter drew outrage from many when he broke down the Black male electorate in the U.S. into “house African Americans and field African Americans” during an appearance Wednesday on CNN. “This race is between house African Americans and field African Americans, and field African Americans are voting for [Donald] Trump.”During enslavement in the U.S., “house slaves” worked in the main house and generally performed indoor tasks. At the same time, Wynter’s comments highlighted the intensity surrounding the Black male vote and how influential it may be in November. “It just does a disservice to all of us, both as voters and as Black Americans. “There’s nothing that compares to enslavement in the United States or for Black Americans,” he said.

Persons: Shelley Wynter, Wynter, Sarah Sidner, Malcolm X, ”, Donald, Trump, “, Sidner, Michael Blake, Barack Obama, Shelley Wynter Show, Lesley Mac, Mac, Rashawn Ray, ” Dr, ” Wynter, ” Malcolm X, Malcolm, they’re, —, ” Mac, Donald Trump, ” Ray, Wynters Organizations: CNN, NBC, “ CNN, Central, Democratic, Republican, Brookings Institute, Black, Brookings, Jets, Giants, Democrat, Trump, “ Locations: U.S, Atlanta, Brooklyn, America, United States, Black

☆ America's chipmaking push will continue no matter who gets elected
▼ + stars: | 2024-10-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

US efforts to produce semiconductor chips will continue regardless of who wins the election. AdvertisementNo matter who wins the presidential election this November, President Joe Biden can rest easy knowing one thing: The US's chip manufacturing push isn't going anywhere. The US has seen its share of overall chip production fall from 37% of the world's supply in 1990 to 12%. While many factories remain under construction, the federal funding has already helped boost US chip production. According to a report published last year by the trade and lobbying group Semiconductor Industry Association and Oxford Economics, the US semiconductor industry will face a shortage of 67,000 workers by 2030, including technicians, computer scientists, and engineers.

Persons: Harris, Trump, —, Joe Biden, Biden, Kamala Harris, Donald Trump, Stephen Ezell, Anna Kelly, Kelly, Arizonans, Chris Miller, Mark Muro, Dylan Patel, SemiAnalysis, Ezell, Muro Organizations: Service, Trump, Information Technology, Innovation Foundation, ITIF's Center for Life Sciences, Biden, Republican, Intel, American Enterprise Institute, Brookings Metro, Apple, Nvidia, Democratic, Semiconductor Industry Association, Oxford Economics Locations: Arizona, USA, China, Taiwan

☆ Apple's Made-in-the-USA chips signal a turnaround for the US' big semiconductor bet
▼ + stars: | 2024-10-16 | by ( Jacob Zinkula | Alistair Barr | ) www.businessinsider.com time to read: +7 min

AdvertisementThe US's efforts to produce more semiconductor chips have encountered some challenges over the past few years, but the tide may be turning. In 2022, President Joe Biden signed the CHIPS Act into law, which included $39 billion in manufacturing incentives for chip production in the US. Last year, TSMC announced that the official opening of its first Arizona fab would be pushed back from 2024 to 2025. TSMC's production of Apple chips is good news for Americans hoping to land jobs in the industry, Patel said. He said he thinks TSMC's production of Apple chips would bode well for the future.

Persons: TSMC, Biden, It's, —, Tim Culpan, Culpan, Tim Cook, Dylan Patel, SemiAnalysis, Mark Muro, Apple, Harris, Joe Biden, Arizona hasn't, it's, Morris Chang, Patel, Muro, bode Organizations: Apple, Service, Brookings Institution, Biden, Management, Workers, Brookings Institute, Semiconductor Industry Association Locations: Arizona, Taiwan, Phoenix

☆ Why working-class White women could be so decisive this fall
▼ + stars: | 2024-10-15 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +19 min

Those working-class White women loom as a critical, potentially even decisive, factor in Trump’s third White House bid. But while White women with a college degree have trended toward the Democrats in the presidential campaigns since then, the White women without a college degree have moved sharply in the opposite direction. She acknowledges that Trump’s alarms have resonated among working-class White women, especially older ones. Not only college-educated White women, but also the equivalent White men were much more likely than the blue-collar White women to express positive views about Harris and negative ones about Trump, Gallup found. “I think there is a lot of implicit [gender] bias with” these working-class White women, Lake said.

Persons: Kamala Harris, Donald Trump’s, Trump, Joe Biden’s, it’s, Harris, Harris doesn’t, ”, Lake, “, Evelyn Hockstein, Reuters “, Bradley Beychok, Beychok, gee, ” Beychok, Donald Trump, Roe, Wade, Bill Clinton, George W, Bush, Al Gore, Chip Somodevilla, Barack Obama’s, Hillary Clinton, Clinton, Biden, – Harris, ” Lake, Republican pollster Christine Matthews, William Frey, ” Trump, Julia Demaree Nikhinson, –, Jackie Payne, Payne, pollsters, Jon McHenry, McHenry, Joe Biden, Mathews, Matthews, Vance, ” Matthews, White, Gallup Organizations: CNN, White, Electoral, Democrats, Trump, Democratic, PAC, Reuters, American, Republican, Edison Research, Pew Research, Michigan, Quinnipiac University, Marquette Law School, Metro, Dodge, Airport, Biden, New York Times, ”, Times, Gallup Poll, Gallup Locations: Michigan, Pennsylvania, Wisconsin, Michigan , Pennsylvania, Flint , Michigan, Reading , Pennsylvania, Southern, Philadelphia, Juneau , Wisconsin, Siena, White, Wilkes, Barre , Pennsylvania

☆ Here's who would benefit from Trump's proposed tax break on car loan interest
▼ + stars: | 2024-10-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Trump's proposed tax break would make interest on car loans fully tax deductible. That tax break lets homeowners deduct annual mortgage interest payments from their taxable income, thereby reducing their tax bill. Few taxpayers claim itemized tax deductionsTo get the deduction, car owners would need to itemize their tax return to include their borrowing costs. About 14.8 million federal tax returns, or about 9%, claimed an itemized deduction on their 2021 federal tax returns, according to the most recent IRS data. An itemized tax break on car loan interest "would help only a fraction of taxpayers," said Leonard Burman, an institute fellow at the Urban-Brookings Tax Policy Center.

Persons: Donald Trump, Sarah Rice, Trump's, Experian, It'd, Seiberg, Trump, didn't, Erica York, —, Leonard Burman, Burman, York, it'd Organizations: Detroit Economic, Bloomberg, Getty Images, Federal Reserve Bank of New, AAA, Trump, Cowen Washington Research Group, Republicans, CNBC, Finance, Social Security, Taxpayers, Tax, Center, Federal Tax, Urban, Brookings Tax Locations: Federal Reserve Bank of New York, Detroit, York

☆ Elon Musk is on track to become a trillionaire by 2027. Here's why the rich keep getting richer
▼ + stars: | 2024-10-12 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +3 min

Elon Musk is on track to become the world's first trillionaire by 2027, according to a recent report from Informa Connect Academy. Of the world's billionaires, Musk is the closest to that 13-figure mark, and his wealth is growing. At the start of 2020, Musk was worth about $28.5 billion, according to the Bloomberg Billionaires Index. "Over the past quarter century in particular, changes in tax policy have made it much more difficult to tax the rich," Sabelhaus said. Watch the video above to learn more about how the rich keep getting richer and what it means for the U.S. economy.

Persons: Elon Musk, Musk, Jeff Bezos, James Pethokoukis, Pethokoukis, John Sabelhaus, Sabelhaus Organizations: Informa Connect, Bloomberg, American Enterprise Institute, Federal Reserve, Brookings Institution Locations: U.S

☆ Trump promises new tax relief for car loan interest and citizens living abroad
▼ + stars: | 2024-10-10 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

CNN —Former President Donald Trump unveiled yet another set of targeted tax break proposals on Thursday, doling out more promises of relief as Election Day draws ever closer. Speaking before the Detroit Economic Club on Thursday, Trump promised to make the interest paid on car loans fully tax deductible, similar to the popular existing deduction for mortgage interest. They raped our country.”One tax expert questioned why Trump would limit the benefit just to car loans. “Once and for all, I’m going to end double taxation on our overseas citizens,” he said in a video released Thursday. Currently, some Americans living abroad must pay taxes to both the United States and to the country where they reside.

Persons: Donald Trump, doling, Trump, ”, “, Howard Gleckman, ” Gleckman, “ You’ve, Kamala Harris, CNN’s Ali Main Organizations: CNN, Detroit Economic, NAFTA, Trump, Brookings Tax, Security, Congress, Committee, Budget Locations: Michigan, Mexico, Canada, Shanghai, Sterling Heights, ”, United States

☆ Deloitte feels the wrath of Trump world over leaked JD Vance messages
▼ + stars: | 2024-10-08 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

CNN —Trump allies are calling for the federal government to punish Deloitte after an employee at the consulting firm apparently shared his private messages with JD Vance. The Post did not reveal who corresponded with Vance, now Trump’s running mate, and leaked those communications. “Maybe it’s time for the GOP to end Deloitte’s taxpayer funded gravy train?” Trump Jr. wrote on X, noting that Deloitte receives billions of dollars in government contracts. Trump Jr. told CNN he was speaking his mind as a private citizen. Neither Trump nor Vance have publicly threatened Deloitte, and it’s worth noting that Trump Jr. has indicated he does not plan to serve in the federal government.

Persons: CNN —, JD Vance, Donald Trump, Trump, Vance, Donald Trump Jr, ” Trump, Jason Miller, Trump Jr, “, ”, Kamala Harris, ” “, GOP Sen, Eric Schmitt, he’s, ” Jeffrey Sonnenfeld, John Deere, Davidson, ” “ Donald Trump, ” Richard Painter, George W, Bush, ” Painter, Painter, MAGA, Jonathan Gandal, Yale’s, ” Norman Eisen, it’s, ” Eisen Organizations: CNN, CNN — Trump, Deloitte, Washington Post, GOP, Trump, Department of Defense, Internal Revenue Service, Department of Homeland Security, Trump Jr, White, Yale, Leadership, Department, Google, Apple, Harley, US Postal Service, Motors, University of Minnesota, ”, ” Trump Jr, Post, Wall Street, ” “ Deloitte, “ Deloitte, Brookings Institution, DOJ

Assuming the Senate continues confirming pending nominees when it returns in November, the next president is poised to inherit the smallest number of judicial vacancies since when George H.W. 'Set their sights on getting judges confirmed'The amount of judicial vacancies at any one time is fluid and can rise or fall based on circumstances. During his four years in office, Trump appointed 234 federal judges, the second-highest amount by a one-term president. “If Trump is elected, the judiciary becomes the Trump judiciary,” said Maggie Jo Buchanan, managing director of Demand Justice. Some Republicans believe that tradition will continue in the coming years, which could limit the amount of judicial vacancies the next president is able to fill.

Persons: WASHINGTON, Republican Donald Trump, Kamala Harris, hasn’t, Ruth Bader Ginsburg, Amy Coney Barrett, It’s, IIl judgeships, Joe Biden’s, George H.W . Bush, Biden, Chuck Schumer, “, ” Schumer, Schumer, ”, Thomas Jipping, —, Jipping, they’ve, Trump, Russell Wheeler, McConnell, Barack Obama’s, Wheeler, ” Wheeler, Ronald Reagan, Maggie Jo Buchanan, Harris, we’re, John P, Collins Jr, Dick Durbin, Sen, John Kennedy, Durbin Organizations: Republican, Congress, Senate, NBC News, Republicans, Supreme, The Heritage Foundation, Biden, Brookings Institution, “, Committee, Trump, Demand, Appeals, The George Washington University Law School, Administrative, U.S, Courts

☆ Iran strikes could result in new chapter for conflict, says Brookings' O'Hanlon
▼ + stars: | 2024-10-01 | 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 EmailIran strikes could result in new chapter for conflict, says Brookings' O'HanlonEd Mills, Raymond James Washington Policy analyst, and Michael O’Hanlon, Brookings Institution director of foreign policy research, join CNBC's 'The Exchange' to discuss Iran's attacks on Israel, the potential impact to markets, and whether the U.S. will get involved.

Persons: Brookings, Ed Mills, Raymond James Washington, Michael O’Hanlon, CNBC's Organizations: Brookings Institution Locations: Israel, U.S

☆ Fixing Social Security funding woes requires addressing immigration 'fraud,' Vance said. Here's what experts say
▼ + stars: | 2024-10-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +12 min

Trump in March said on social media platform Truth Social that Democrats are "killing Social Security and Medicare by allowing the invasion of the migrants." The earnings suspense file is an electronic holding file for wage items where names and Social Security numbers on Form W-2s do not match the Social Security Administration's records, an agency spokesperson said via email. "Immigration, in general, has a very positive role," said Sam Gutterman, chairperson of the American Academy of Actuaries' Social Security committee. The Social Security Administration in an email explained that there are strict rules about who can legally receive benefits and Social Security numbers. "The Social Security Act does not permit payment of benefits to noncitizens residing in the U.S. if they're not lawfully present here," a Social Security spokesperson said.

Persons: Sen, JD Vance, Alex Wong, Donald Trump, Kamala Harris —, Vance, Harris, Tara Watson, Watson, Andrew Biggs, General, Jeffrey Brown, Brown, I've, " Biggs, Sam Gutterman, Renata Miller, they're, actuary, Stephen Goss, Goss Organizations: Radford University, Getty, Social Security, Medicare, Republican, Trump, CNBC, of Homeland, Brookings Institution, Immigration, Immigrants, American Academy of Actuaries, Taxation, Social, someone's Social, American Enterprise Institute, Social Security Administration, Social Security Administration Office, Finance, American Academy of Actuaries ' Social Security, Department of Health, Human Services, HHS, Department of Homeland, SSA Locations: Radford , Virginia, U.S, misdirection

☆ America's rivals are piling on the pressure all at once
▼ + stars: | 2024-09-26 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. These incidents over the past few weeks highlight how US rivals and foes are increasingly challenging the American-led global order as threats multiply worldwide. Russia, Iran, China, and North Korea have deepened their security ties as they simultaneously present Washington and its allies with new dilemmas that strain the US military. North Korea has remained firmly committed to maintaining its nuclear status and strengthening its arsenal despite intense international pressure. Much to the frustration of the US and its Western allies, North Korea has provided artillery and missiles.

Persons: —, Michael O'Hanlon, Vladimir Putin, Xi Jinping, SERGEI GUNEYEV, Putin, John Kirby, Pierre Crom, Israel, Kim Jong Un, David Lammy, AP Robert Gates, George W, Bush, Barack Obama Organizations: Service, Business, Brookings Institution, Getty, Russian Defense Ministry Press Service, Ukraine, White, National Security Council, North, renegades, North Korea —, Washington, Korean Central News Agency, Korea News Service, AP, Washington Post Locations: Russia, Iran, China, North Korea, Washington, Hawaii, Japan, Philippines, South China, Pacific, United States, America, Moscow, Russian, Kyiv, Tehran, Gulf of Aden, Gaza, Israel, Red, Korea, Ukraine, NATO, Europe

☆ How Austin, Texas Cut Home Prices, Built Houses, and Stopped a Crisis
▼ + stars: | 2024-09-25 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

But as other pandemic Zoomtowns continue to see increases in prices and rents, Austin stands alone in its change of fortune. Housing in Austin has been through so many extreme distortions that nobody really knows what "normal" even means anymore. All told, Austin's housing stock has ballooned by more than 76,000 units since 2020, an 8.34% increase that includes single-family homes, condos, and townhomes. Considering the size of the Austin market, moving the stock of homes by nearly 10% is a colossal feat. Related storiesNobody watching the Austin market should be having flashbacks to the Great Recession.

Persons: Austin, homebuyers, homebuilders, Zillow, Elon Musk, Joe Rogan, Homebuyers, Keith Hughes, I'd, That's, Jason Lewris, Lewris, Doreen Sidney, Austin wasn't, Austin's homebuilders, Freddie, Sean Kelly, Rand, Freddie Mac, Jenny Schuetz, homebuilding, Kelly, he's Organizations: Austin, Oracle, Facebook, Google, Elon, Census, Parcl Labs, Federal Reserve, San Antonio —, Austin ., Freddie Mac, Brookings Institution Locations: California, Austin, Real, Texas, Francisco, San Francisco, San Antonio, Boston

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