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☆ House Ethics panel to meet on Trump attorney general pick Matt Gaetz report Wednesday
▼ + stars: | 2024-11-18 | by ( Dan Mangan | ) www.cnbc.com time to read: 1 min

The House Ethics Committee will meet Wednesday to discuss its report on former Rep. Matt Gaetz, who has been tapped by President-elect Donald Trump to be the next attorney general, NBC News reported Monday. Several key Republican senators want the report on Gaetz released to the Senate for their consideration on whether to confirm him for the AG post, if and when Trump formally nominates him. The Ethics Committee had been investigating Gaetz for alleged sexual misconduct and potential illegal drug use, and other actions. The panel had been scheduled to meet last Friday on the report but postponed that session. Gaetz, who represented a Florida congressional district, resigned abruptly from the House last week after Trump said he would nominate him for AG.

Persons: Matt Gaetz, Donald Trump, Gaetz, Trump Organizations: NBC News, Senate, Trump, AG Locations: Florida

☆ What is impoundment? How Trump thinks he can control spending without Congress
▼ + stars: | 2024-11-18 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —“Impoundment” is another word that Americans may need to learn in the vernacular of President-elect Donald Trump’s second term. Trump took the time to record a video about impoundment during the Republican primary season, and he promised seizing control over spending from Congress would be a top priority if he was elected. Impoundment occurs when Congress appropriates money that the president then declines to spend. As a result of these standoffs, Congress passed a law to curtail a president’s use of impoundment, particularly for policy reasons. The Impoundment Control Act of 1974 did a lot more than that, however.

Persons: Donald Trump’s, ”, Trump, Thomas Jefferson, Richard Nixon, Nixon, Volodymyr Zelensky, Joe Biden, Trump’s, “, Vivek Ramaswamy, Elon Musk, DOGE –, Ramaswamy, ” Ramaswamy, Matt Gaetz, Jimmy Carter, It’s Organizations: CNN, Senate, Republican, Congress, Congressional Research Service, Office, Capitol, Supreme, overreach, Elon, “ Department, Government, Alcohol, Tobacco, Firearms, Explosives, Ramaswamy, Department of Education, Nuclear Regulatory, Trump, FBI Locations: Mississippi, Louisiana, France, Ukraine, Trump’s, Ohio, Washington

☆ Musk's DOGE wants to 'delete' entire government agencies. Here's where the most people are employed and what they make.
▼ + stars: | 2024-11-18 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

AdvertisementTrump picked Elon Musk and Vivek Ramaswamy to co-lead DOGE, a new government efficiency commission. Their aim is to cut government spending, and one idea they've floated is to ax federal agencies. Almost half a million people were employed in the Department of Veterans Affairs, while the Department of Education had just over 4,000. Most departments had six-figure average salaries, with the Department of Education and the Department of Energy having the highest averages. AdvertisementWhile DOGE can advise Trump on agencies to cut, the president-elect cannot act on it alone — making major changes to federal agencies would require congressional approval.

Persons: Elon Musk, Vivek Ramaswamy, they've, Elon, Ramaswamy, Karoline Leavitt, Vance, Trump, Musk, Ronald Reagan Organizations: Trump, GOP, Government, Fox News, Management, Department of Veterans Affairs, of Education, Treasury Department, Internal Revenue Service, Department of Education, Department of Energy, Washington DC, Grace Commission, Social Security, Medicare, Social, asheffey Locations: Elon Musk's, Washington, Grace

Andrew Harnik | Getty ImagesPresident-elect Donald Trump's return to the White House is poised to have big impacts on consumer health care. CMS, in turn, administers the Affordable Care Act marketplace and the Children's Health Insurance Program (CHIP), among other endeavors. A spokesperson for Trump's transition team did not respond to a request from CNBC for comment about the President-elect's health policy plans. Still, it's a 'big' gamble to forgo health insurance Around 3.8 million people will lose their health insurance if the subsidies expire, the Congressional Budget Office estimates. Short-term health insurance plans offer coverage for limited amounts of time, and typically on fewer medical services than comprehensive coverage.

Persons: Donald Trump, Andrew Harnik, Donald Trump's, Michael Sparer, Sparer, Trump, Robert F, Kennedy Jr, Kennedy, who's, Mario Tama, Cynthia Cox, I'd, Cox, Sabrina Corlette, Georgetown University's, Corlette, Carolyn McClanahan, Larry Levitt, Levitt, enrollee, they're, Yasin Ozturk, Biden, It's, — Organizations: Base Andrews, Getty, Affordable, Trump, Republican, Columbia University, of Health Policy, Management, of Health, Human Services, Medicare, Services, CMS, Children's Health Insurance, Washington Post, The Washington Post, CNBC, Providence St, Mary Medical Center, Finance, American, ACA, Cox, Congressional, Office, Republicans, Center, Health, Georgetown, Georgetown University's McCourt School of Public, Planning Partners, Medicaid, Social Security, Maskot, of Columbia, U.S, Capitol, Washington , D.C, Anadolu Agency, GOP, Corlette, pharma, Centers Locations: Base Andrews , Maryland, U.S, Duluth, Apple Valley , California, Jacksonville , Florida, Washington ,

☆ Matt Gaetz: Florida court fight gives insight into the House review of sex allegations
▼ + stars: | 2024-11-18 | by ( Paula Reid | Tierney Sneed | ) edition.cnn.com time to read: +9 min

The House Ethics Committee probe into Gaetz, initially launched in 2021, ran into several obstacles, including a lack of access to records collected by a federal criminal investigation into Gaetz. In addition to the House Ethics Committee investigation, Gaetz was separately investigated by the US Justice Department for alleged sex trafficking, obstruction of justice and other potential crimes, but prosecutors declined to bring any charges. The House committee abandoned plans for a closed-door meeting Friday, when lawmakers were expected to consider the release of the report. When asked about the friend’s claim she had sex with Gaetz, Dorworth suggested in the deposition that both women made up their stories. Resignation brings House probe to a haltThe House Ethics Committee probe was started by House Democrats in 2021 but was put on hold while the Justice Department completed its criminal investigation.

Persons: Donald Trump’s, Matt Gaetz, Gaetz, –, Trump, “, ” Gaetz, ”, Joel Greenberg, Greenberg, Gaetz –, Kevin McCarthy, Christopher Dorworth, Dorworth, Johnson, Tapper, ” Dorworth, CNN’s Casey Gannon, Annie Grayer Organizations: CNN, President, Florida Republican, US Justice Department, Committee, DOJ, Department, Trump, Florida House, Justice Department, Miami Herald, House Democrats, Hill Locations: Florida, Orlando federal, ”, Seminole, Bahamas

☆ Trump picks former congressman and Fox Business host Sean Duffy as next Transportation secretary
▼ + stars: | 2024-11-18 | by ( Kate Sullivan | ) edition.cnn.com time to read: +3 min

CNN —President-elect Donald Trump announced Monday he has selected former congressman and recent Fox Business co-host Sean Duffy to serve as the next secretary of the Department of Transportation. He most recently was co-host of Fox Business’ “The Bottom Line,” after first joining Fox News as a contributor in 2020. Wednesday marked his last day appearing on Fox Business, and he interviewed for the role of transportation secretary later in the week, according to a source. In the role, Duffy would takeover the department from Secretary Pete Buttigieg, who was named to lead the department in February 2021. Campos-Duffy is the co-host of “Fox & Friends Weekend,” where she worked for years alongside Pete Hegseth, Trump pick for defense secretary.

Persons: Donald Trump, Sean Duffy, Duffy, Duffy’s, ”, “, ” Trump, Pete Buttigieg, Elaine Chao, Duff, Rachel Campos, Campos, Pete Hegseth, Trump, CNN’s Brian Stelter Organizations: CNN, Fox Business, Department of Transportation, Congressional, Fox News, Trump, Republican, ”, Competence, Competitiveness, Beauty, National Security, ESPN, Fox, MTV, “ Fox, Friends, Republicans Locations: Ashland County , Wisconsin

Speaker Mike Johnson on Sunday left the door open to adjourning Congress so President-elect Donald Trump can appoint his Cabinet nominees outside of the usual Senate confirmation process if necessary. Both chambers usually gavel in for pro forma sessions even during times of recess specifically to prevent the president from making recess appointments and bypassing congressional approval. President Barack Obama once tried to use recess appointments and was rebuked by the Supreme Court, which said in 2014 that recesses needed to be 10 days or longer for recess appointments to be legal. Johnson isn’t the only Trump ally who has left the door open to using a recess appointment to confirm Trump’s Cabinet picks. “I have literally not discussed one word about the ethics report, not once, and I’ve been with him quite a bit this week,” Johnson said.

Persons: Mike Johnson, Donald Trump, ” Johnson, “, he’d, Trump, Johnson, Barack Obama, Trump’s, , Oklahoma GOP Sen, Markwayne Mullin, It’d, ” Mullin, Hakeem Jeffries, Chuck Schumer, Dick Durbin, Matt Gaetz, Gaetz, There’s, I’ve Organizations: Sunday, “ Fox, Supreme, , Oklahoma GOP, NBC, Press, GOP, Democratic, Trump’s, House, CNN Locations: Washington, , Oklahoma, D, Gaetz

Following Trump’s decisive election victory, many DOJ officials and career staffers were already nervous about the possibility that they would be targeted by Trump loyalists, particularly members of Congress. “Everything we did was above board,” said a former senior FBI official, who has started contacting lawyers because he expects to be prosecuted himself. “Agents have to do 20 years,” the former senior FBI official said. DOJ and FBI officials say that the Trump investigations were carried out properly. Now, a new group of DOJ and FBI officials are facing the prospect of hefty legal fees as well.

Persons: Trump, Matt Gaetz, ”, elect’s, beholden, Gaetz, “, “ Trump, Wally Skalij, Weeks, Stephen Cheung, Witch Hunt, ” Cheung, Stephen Gillers, General Merrick Garland, Trump’s, Garland, Mike Davis, Jack Smith, Smith, Donald Trump, Jacquelyn Martin, Ilya Somin, ” Somin, Robert Mueller, Paul Manafort, Bill Barr, John Durham, Russia’s, Durham, Jack Smith’s, ” Gillers, Captain Ahab Organizations: Justice Department, FBI, Trump loyalists, Trump, “, DOJ, Los Angeles Times, Getty Images Trump, New York University Law School, ”, DOJ DOJ, Department, Justice, George Mason University, Russia, CIA, NYU Locations: Coachella , Calif, Washington, Gaetz

But many Republicans and Gaetz allies have touted his aggressive style as an essential attribute for an attorney general. The president-elect filled some of those spots Thursday evening, appointing a series of his own personal lawyers to run key sections of the Justice Department. Trump also announced his selection of Emile Bove, another member of his criminal defense team, to be principal associate attorney general. Now, while some of his colleagues in Congress expressed skepticism of his pick as attorney general, they said they are prepared for a detailed confirmation process. As attorney general, Gaetz would be in control of the FBI investigative files that detail the evidence the bureau uncovered.

Persons: Donald Trump, Matt Gaetz, Trump, Gaetz, there’s, John Morgan, doubters, Morgan, ” Morgan, “, General Merrick Garland, Joe Biden, Todd Blanche, Emile Bove, ”, AnchorsGordon didn’t, Lawrence “ Larry ” Keefe, Keefe, Ron DeSantis, Feedback Sen, Klobuchar, —, Michael Cohen, Sen, Rick Scott, ” Gaetz, Hunter, Hank Johnson, Kevin McCarthy, Liz Cheney, Gaetz didn’t, South Carolina Sen, Lindsey Graham, Bill Barr, Joel Greenberg, CNN’s Kristen Holmes Organizations: CNN, Justice Department, Trump, Florida Republican, Prosecutors, Federal Bureau of Investigation, Alcohol, Tobacco, Firearms, Explosives, Drug Enforcement Administration, Democrats, Capitol, Senate, Panhandle Republican, Truman, Florida State University, & Mary Law School, AnchorsGordon, Florida Panhandle, Partners, Florida, Northern, Northern District of Florida, Vineyard, Tallahassee statehouse, Republican, Florida Bar, Florida Republicans, Washington Elected, White, Republican Party, House Republican, Union, House Intelligence, Democratic, Judiciary Committee, FBI, South, Garland’s Justice Department Locations: Congress, United States, Trump’s, Florida, Gaetz, Manhattan, Northern District, Texas, Tallahassee, Washington, Wyoming, South Carolina

☆ The crypto industry plowed tens of millions into the election. Now, it’s looking for a return on that investment
▼ + stars: | 2024-11-17 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +10 min

Crypto super PACs spent heavily on Republicans as well as key Democrats, including two who won open seats in the US Senate, Elissa Slotkin in Michigan and Ruben Gallego in Arizona. How Washington regulates the industry has enormous consequences for this burgeoning sector, along with the 52 million Americans who now hold digital assets. “The strategy is to have as many conversations with as many people in the Trump orbit as possible so that everyone has an understanding of what the crypto industry is most interested in,” she said. They also helped finance Fairshake, a crypto industry super PAC launched last year that was active in congressional contests. An industry super PAC spent $40 million to back to Republican Senate candidate Bernie Moreno in Ohio, who ousted three-term Democratic Sen. Sherrod Brown.

Persons: Donald Trump, Gary Gensler, Biden, Crypto, Elissa Slotkin, Ruben Gallego, Sam Bankman, “ Crypto, ” Kristin Smith, we’ll, that’s, ” Smith, ”, Smith, Dan Gallagher, Paul Atkins, Atkins, Gallagher, Bitcoin, Trump, –, It’s, Barron, Steve Witkoff, multibillionaire Elon Musk, Cantor Fitzgerald Howard Lutnick, Carlos Barria, Reuters Howard Lutnick, Cantor Fitzgerald, Marc Andreessen, Ben Horowitz –, Sergio Gor, Andreessen, “, Tyler, Cameron Winklevoss, Musk, Katie Porter, Massachusetts Sen, Elizabeth Warren, Porter, Adam Schiff, Bernie Moreno, Democratic Sen, Sherrod Brown, Brown, Moreno, Colin McLaren, ” Robert Weissman, Andreessen Horowitz, Kara Calvert, CNN’s David Wright Organizations: CNN, Trump, Securities, Exchange Commission, Industry, Crypto, Blockchain Association, SEC, Token Alliance, Liberty, Liberty Financial, of Government, Republican, Reuters, Venture, Biden, PAC, Democratic Rep, Democratic, Banking Committee, Commodities Futures Trading Commission, Cedar Innovation Foundation, Consumer, Public Citizen Locations: Washington, Michigan, Arizona, Madison, New York City, U.S, America, Bitcoin, Massachusetts, California, Ohio

☆ How different a commander in chief will Trump be?
▼ + stars: | 2024-11-17 | by ( Peter Bergen | ) edition.cnn.com time to read: +27 min

On the face of it, there are sizable differences in foreign policy between Trump and President Joe Biden. In October, the Biden administration again helped to intercept a barrage of around 200 Iranian ballistic missiles, which also caused minimal damage to targets in Israel. Bringing US troops homeIn 2020, the Trump administration signed a US withdrawal agreement from Afghanistan with the Taliban. But after McMaster was pushed out of office in 2018, the Trump administration negotiated with the Taliban the withdrawal agreement of all US forces from Afghanistan. Nonetheless, the incoming Trump administration seems intent on resurrecting Schedule F, an executive order issued in the last months of the first Trump term.

Persons: sneezes, Trump, Donald Trump’s, Joe Biden, —, Biden, Trump’s, shored, Donald Trump, Xi Jinping, Andrew Harnik, ”, Benjamin Netanyahu, Netanyahu, Ahmad Gharabli, Israel, Jared Kushner, Qasem Soleimani, Mike Huckabee, Israel — Huckabee, David Friedman, Reagan, JD Vance —, H.R, McMaster, Nikki Haley, Mike Pompeo, Haley, Pompeo, Elise Stefanik, Mike Waltz, Florida, George W, Bush, Pete Hegseth —, Lloyd Austin, Jim Mattis, Robert Gates, John Ratcliffe of, Tulsi Gabbard, Vladimir Putin, Basher al, Assad, Putin, Diego Fedele, Ukraine doesn’t, John Bolton, Mark Rutte, Tom Homan, Homan, ” Trump, CNN’s Priscilla Alvarez, “ It’s, Maura Healey, Stephen Miller, CBS’s, Camp David, It’s, Kim Jong Un Organizations: CNN, Trump, NATO, Ukraine, White, of, Biden, CIA, Liberation Army, Center for Strategic, International Studies, Obama, Getty, West Bank, Abraham Accords, Arkansas Gov, US Defense Intelligence Agency, ISIS, McMaster, UN, GOP, Republican, Special, House Armed Services Committee, Pentagon, Fox News, Senate, Republicans, US Civil, Policy, State Department, Department of Homeland Security, Policy Institute, Rep, House Intelligence, NATO Trump, US Congressional Research Service, Joint Assault Brigade, National Police, of Homeland, American Immigration Council, NBC News, US Bureau of Prisons, Massachusetts Gov, National Guard, Congress, Washington Post, H.R, North, America Locations: Paris, Russia, China, Beijing, South China, United Kingdom, Australia, Taiwan, Washington, United States, Gaza, Lebanon, Iran, Iranian, Syria, Israel, Yemen, Jerusalem, AFP, Iraq, Saudi Arabia, Afghanistan, Pakistan, John Ratcliffe of Texas, Hawaii, Ukraine, Dnipro, Soviet, Toretsk, Crimea, Japan, NATO, “ Russia, Baltic, Western Europe, ”, Korean, North Korean

☆ Biden allows Ukraine to use U.S. arms to strike inside Russia
▼ + stars: | 2024-11-17 | by ( ) www.cnbc.com time to read: +4 min

Ukraine plans to conduct its first long-range attacks in the coming days, the sources said, without revealing details due to operational security concerns. Russia has warned that it would see a move to loosen the limits on Ukraine's use of U.S. weapons as a major escalation. Some congressional Republicans had urged Biden to loosen the rules on how Ukraine can use U.S.-provided weapons. Russia is advancing at its fastest rate since 2022 despite taking heavy losses, and Ukraine said it had clashed with some of those North Korean troops deployed to Kursk. Despite Zelenskiy's pleas, the White House had been reluctant to allow U.S.-supplied weapons to be used to strike targets deep inside Russia for fear this could escalate the conflict.

Persons: Joe Biden, Volodymyr Zelenskyy, Joe Biden's, Donald Trump, Trump, Richard Grenell, Grenell, Biden, Zelenskiy, Alex Plitsas, Radoslaw Sikorski, Putin, Sikorski Organizations: U.S, State Department, Trump, Biden, Korean, Atlantic Council, Bradley Fighting Vehicles, Abrams Tanks, White Locations: Ukraine, Kyiv, Russia, Korean, Washington, Ukrainian, U.S, Kursk, HIMARS

WASHINGTON — President-elect Donald Trump’s consistent campaign pledge to impose sweeping tariffs on products imported into the U.S. is likely to face stiff challenges in court and potentially pushback from Congress. There are potential legal limits to Trump’s authority, even though he has said he would unilaterally impose the increases. But a broad array of tariffs on allies “could cross the line,” especially as the Supreme Court has taken a generally pro-business stance in recent years, he added. During the Biden administration, the Supreme Court embraced a theory called the “major questions doctrine.” Biden’s ambitious plan to wipe out billions of dollars in student debt was one of the proposals the Supreme Court faulted. The Supreme Court declined to take up the issue.

Persons: Donald Trump’s, Trump, he’s, Joe Biden, ”, Alan Morrison, “, ” Morrison, ‘, ” Trump, Ed Brzytwa, Brzytwa, Sen, Rand Paul, Rick Scott, ” Scott, Petros Mavroidis, ’, Jennifer Hillman, Hillman, Biden, Matt Priest, “ We’ll, ” Priest Organizations: WASHINGTON, China . Industry, George Washington University Law School, Chicago Economic Club, National Bureau of Economic Research, Federal Reserve Board, Consumer Technology Association, “ Consumers, CTA, Fox News, Sunday, Republicans, Columbia Law School, Georgetown Law Center, of International Trade, Trump, Appeals, Federal Circuit, Supreme, Federal Communications, Federal Energy Administration, Footwear Distributors, Retailers of America Locations: U.S, Congress, China, United States, Ky, Canada

☆ How Elon Musk's Department of Government Efficiency could actually work
▼ + stars: | 2024-11-16 | by ( Alice Tecotzky | Katie Balevic | ) www.businessinsider.com time to read: +10 min

Trump has flirted with changing budget laws, but experts told BI that could cause a massive fight. Despite its name, the DOGE will not actually be a government department, as departments are permanent and can only be created by Congress. "The Department of Government Efficiency (DOGE) will ultimately be staffed and dedicated to this mission," Brian Hughes, a spokesperson for Trump's transition team, told BI in a statement. "It just doesn't work, unless you decide to start cutting Social Security benefits or Medicare, at which point all hell breaks loose," she told BI. Trump, Musk, and Ramaswamy may try to circumvent the congressional obstacles standing in the way of their cost-cutting agenda.

Persons: Trump, Donald Trump, Elon Musk, Musk, Vivek Ramaswamy, Ramaswamy, Jim WATSON, Musk's, Elaine Kamarck, Bill Clinton, Kamarck, Brian Hughes, Barney Frank, Douglas Holtz, it's, Lisa Gilbert, Holtz, Eakin, he'll, they're, Gilbert, Brandon Bell, It's, aren't Organizations: Government, Wednesday, Department of Government, GOP, Trump, Brookings Institute, Social Security, Department, Government Efficiency, Congressional, Office, Management, Public Citizen, White, Bloomberg, SpaceX

☆ Donald Trump’s plans on immigration are coming into focus
▼ + stars: | 2024-11-16 | by ( Priscilla Alvarez | Phil Mattingly | ) edition.cnn.com time to read: +6 min

Plans also include bringing back family detention, which has been widely criticized by immigrant advocates and a practice that President Joe Biden ended. Greg Abbott on the border, according to two of the sources. The people shaping operational plans are well versed on the immigration system, particularly Homan, who was also the architect of family separation. He also held a senior role at Immigration and Customs Enforcement during the record level of deportations under the Obama administration. The immediate focus is about who’s already here,” according to a source familiar with the plans.

Persons: Biden, Donald Trump, he’s, Trump, Trump’s, Joe Biden, “, ” Trump, Vance, Karoline Leavitt, Damon Hininger, ” Hininger, Tom Homan, Stephen Miller, Kristi Noem, Miller, Rodney Scott, Michael Banks, Greg Abbott, Homan, He’s, Obama, ”, Kathleen Bush, Joseph, Barack Obama’s Organizations: Washington CNN, Trump, Homeland Security, CNN, ICE, South Dakota Gov, Department of Homeland Security, Biden, US Border Patrol, Texas Gov, Immigration, Migration Policy Locations: United States, Mexico, –, “

Trump wants Gaetz confirmed “100%,” a source told CNN. He also believes Gaetz is uniquely positioned to defend the Trump administration on television, an attribute prioritized by the president-elect. Trump’s pick for deputy attorney general — his defense attorney Todd Blanche — will carry out the day-to-day work of overseeing the Justice Department’s more than 40 agencies and 115,000 employees. In recent days, Gaetz has been reaching out directly to Republican senators, according to a source familiar with the efforts. The Democratic-controlled Judiciary Committee formally requested the House Ethics Committee report already, but Democrats will lose control of the committee in January.

Persons: Donald Trump, Matt Gaetz, Trump, Gaetz, ” Trump, Trump’s, Todd Blanche —, Justice Department’s, ” Gaetz, “, ”, Sean Spicer, Gaetz’s, Pete Hegseth, Robert F, Kennedy Jr, Tulsi Gabbard, Kennedy, Sen, Lisa Murkowski, Susan Collins of Maine, Joni Ernst, “ He’s, North Dakota Sen, Kevin Cramer, Kevin McCarthy, Oklahoma Sen, Markwayne Mullin, CNN’s Manu Raju, ” Mullin, Mullin, Mike Johnson, Mike Rounds, John Cornyn of, ” Rounds, Chuck Grassley, Grassley, John Thune, Thune Organizations: CNN, Department, Senate, Justice Department, Trump, Justice, Fox News, Hawaii Rep, Republican Senate, Republicans, Republican, North Dakota, Democratic, GOP Locations: Florida, Alaska, Iowa, Oklahoma, John Cornyn of Texas

We had no income tax, and all we had was tariffs.”That’s why some Wall Street titans are trying to push for Bessent. Kyle Bass, a billionaire hedge fund investor at Hayman Capital Management, said Lutnick doesn’t have the composition to lead the Treasury. “Scott Bessent is eminently more qualified than Howard Lutnick to run the U.S. Treasury,” Bass posted on X Wednesday. A full week after appearing to decide on nominating Bessent, Trump interviewed him again at Mar-a-Lago. A key Cabinet player, the Treasury secretary advises the president on economic and fiscal matters, including spending and taxes.

Persons: Donald Trump, Elon Musk, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent, ” Musk, —, Bessent, ”, Kyle Bass, Lutnick doesn’t, “ Scott Bessent, ” Bass, “ Scott, I’ve, Bass, Dan Loeb, Scott Lincicome, Lutnick, “, Cheney, Lutnick —, Dick Cheney’s, George W, Tennessee Sen, Bill Hagerty, Larry Kudlow, Kudlow, Steven Mnuchin, Mnuchin Organizations: CNN, Trump, “, Wall, Fox News, titans, Hayman Capital Management, Treasury, U.S . Treasury, Cato Institute, Federal Reserve, Peterson Institute for International Economics, National Economic Council, America, Policy Institute, Fox Business, Bessent, Mar, Republicans, Treasury Department Locations: America, United States

☆ Trump's plans to change healthcare could slash insurance for some low-income Americans and retirees
▼ + stars: | 2024-11-16 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Trump said he plans to change the Affordable Care Act, which provides healthcare for 45 million Americans. AdvertisementDonald Trump's return to the Oval Office could mean changes to Americans' healthcare coverage, based on his previous comments and actions while president. AdvertisementAs president, he will also have the power to influence America's healthcare landscape, including insurance coverage, drug price negotiations, government health and safety regulations, and reproductive healthcare access. Any changes to Medicaid and Medicare under Trump could also cause those with ACA insurance see a reduction in their care options. This could mean some Americans on ACA plans could face higher out-of-pocket costs and fewer in-network care options.

Persons: Trump, Donald Trump's, Barack Obama, Ji, Joe Biden's, Robert F, Kennedy Jr, Kennedy, Karoline Leavitt, Vance Organizations: Affordable, ACA, of Health, Human Services, Congressional, Office, Business, Trump, Georgetown University, DC, Insurance, Department of Health, Congress, Republican, House

Latino voters overall were more than a quarter of Arizona’s electorate — Gallego won them by 22 points while Harris carried them by 10 points. As for Latino men, Trump won them by 12 points nationally, marking a stunning 35-point swing from 2020 that powered him to victory in key states, according to NBC News' exit polls. But Gallego held his ground with Latino men, winning them by 30 points, exit polls showed. Men — Latino men — were feeling very insecure about their positions in the family because they wanted to make sure that they’re providers and providing security and economic security. He outperformed Harris among voters who cited the economy as their top concern, exit polls showed, and covered off the vulnerability that sank many Democrats, including Harris.

Persons: Ruben Gallego, Donald Trump, Kamala Harris, — Gallego, Harris, Trump, Gallego, —, ” Gallego, Ariz, Mario Tama, ”, it’s, Republican Kari Lake, president’s MAGA, Biden, “, ” Trump, Lake hasn’t, isn’t, Kari Lake Organizations: WASHINGTON, Democratic, outperforming, NBC News, ”, Republican, Congressional Progressive Caucus, Trump, NBC, Democrat Locations: Arizona, Arizona’s, Guadalupe

“We know they can do it.”More than 300,000 women served tours of duty in Iraq and Afghanistan, Manning said. More than 9,000 women received Army Combat Action Badges for “actively engaging or being engaged by the enemy,” according to a 2015 report by the nonpartisan Congressional Research Service. Two were given a Silver Star, the third-highest military combat decoration, for “gallantry in action,” the report said. Manning said another 383 women were awarded a Purple Heart — the nation’s oldest military award, which recognizes sacrifice and heroism. “To cast this wide net and say women shouldn’t serve in combat — well, guess what?

Persons: Pete Hegseth, Donald Trump’s, ”, hasn’t, ” Hegseth, Shawn Ryan, Ben Shapiro, “ I’m, Ash Carter, Shapiro, “ shouldn’t, Lory Manning, Manning, “, Allison Jaslow, Jaslow, ” Jaslow, Trump, Hegseth, Steven Cheung, Trump’s, Sen, Tammy Duckworth, ” Duckworth, Raquel Durden, shouldn’t Organizations: U.S, Army, NBC News, Fox News, Pentagon, Army Rangers, Green Berets, Navy, Marine Corps, Air Force, ”, Defense Department, Service, Congressional Research Service, Star, Afghanistan Veterans, Army’s Ranger, Republican, Army National Guard, CNN Locations: U.S, America, Iraq, Afghanistan, California, Guantánamo Bay, Cuba

That unit has brought forward more than 1,500 cases in the “most wide-ranging investigation” in the history of the Justice Department. Nicole Reffitt, a supporter of the Capitol defendants, told NBC News she is pleased with the Gaetz pick. “We need a fighter in leadership, and that’s why I’m backing Matt Gaetz for Attorney General,” Evans wrote. One of Gaetz’s podcasts featuring Beattie was titled “Fedsurrection,” a nickname generated by far-right extremists who have portrayed the Capitol attack as an inside job, without evidence. Not one is a member of Antifa or a FBI agent.”On the first anniversary of Jan. 6, Gaetz held another news conference to “expose the truth” about the attack.

Persons: Matt Gaetz, Donald Trump, Gaetz, “, ”, —, Trump, he’ll, Nicole Reffitt, Guy Reffitt, “ Trump, ” Nicole Reffitt, ” Derrick Evans, rioter, ” Evans, — he’s, antifa, ” Gaetz, Darren Beattie, Beattie, Ray Epps, Epps, Marjorie Taylor Greene, Tami Perryman, Jan Organizations: WASHINGTON, Florida Republican, Capitol, Justice Department, Prosecutors, NBC News, Trump, J6, Trump White House, RNC, DNC, FBI, D.C, Gaetz’s, DOJ, NBC Locations: Florida, United States, America, Gaetz, Washington, Congress

Democratic Rep. Josh Gottheimer of New Jersey announced Friday that he would seek to become the Garden State's next governor, entering what is expected to be a crowded Democratic primary field. Gottheimer has represented his state's 5th Congressional District, which lies in northern New Jersey, bordering New York, since 2017. But one distinguishing feature of his campaign, Gottheimer said, is that he is "focused like a laser beam on the need to lower your taxes and lower your costs." "He stands up for what he believes, and you can count on him to deliver," Berry said in the campaign video. Rep. Mikie Sherrill, D-N.J., who has served alongside Gottheimer since 2019, is another name that has been floated in the state as a potential candidate in next year's race.

Persons: Josh Gottheimer, Phil Murphy, Ras, Steve Fulop —, Gottheimer, Donald Trump, Trump, Mary Frances Berry, Berry, Mikie Sherrill Organizations: Democratic, Congressional, Democrat, Jersey City, doer, U.S . Commission, Civil Rights Locations: New Jersey, New York, Newark, Ras Baraka, Jersey, D

☆ Elon Musk is looking for DOGE cuts. A GOP senator's list caught his eye.
▼ + stars: | 2024-11-15 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Musk reposted on Wednesday a list of cuts from Sen. Rand Paul, a longtime critic of the federal budget. Elon Musk is on the hunt for federal spending to cut — and a Republican senator's list caught his eye. A prior report highlighted $50 million of US funding for Tunisia's tourism industry, meant to help it increase visitor numbers through 2026. AdvertisementThe 2023 report outlined a USDA study on whether Labrador fur color affects their body temperature, while the 2022 report highlighted a Cornell University study on social communication between parrots. But Musk has emphasized his desire to do identify wasteful spending in public, culminating in a leaderboard of spending deemed wasteful.

Persons: Elon Musk, Donald Trump, Rand Paul, Sen, Rand Paul of Kentucky, crosshairs, Musk, Vivek Ramaswamy, Paul Organizations: of Government, DOGE, Republican, Department, Government, Musk's America PAC, America PAC, Department of Homeland Security, Department of Transportation, Cornell University, National Institutes of Health, NIH, National Institute of Allergy Locations: Sen, Esna, Egypt, Labrador, South Carolina

☆ Russians focus on Musk as they assess incoming Trump administration
▼ + stars: | 2024-11-15 | by ( Sebastian Shukla | ) edition.cnn.com time to read: +4 min

CNN —As US President-elect Donald Trump continues to make heads turn with nominations for key roles in his incoming administration, Russians are trying to understand the appointments and what impacts they might have for Moscow. Waltz also described Russia as “a gas station with nukes” in an interview with NPR on November 4. Asked about how they viewed the incoming administration and future relations between old adversaries, people were a little more divided. “Trump said that ‘I will do everything for America’, but he did not say a word about Russia,” Sergey told CNN. But I hope, that there will be a good agreement between Russia and Ukraine.

Persons: Donald Trump, Evgeny Popov, Mike Waltz, Donald Trump’s, Waltz, Vladimir Putin, Popov, Trump, Olga Skabeeva, Tulsi Gabbard, Gabbard, ” Skabeeva, Elon Musk, Vivek Ramaswamy, Elon, ” Elena, “ Trump, ‘, ” Sergey, Vladimir Kostyukevich, Joe Biden, Elena, “, ” Tatiyana, ”, Kostyukevich Organizations: CNN, TV, Duma, Ukraine, NPR, Republican, Kyiv, of, Twitter, America Locations: Moscow, Ukraine, Russia, Russian, Israel, Palestine

☆ Older voters prioritized personal economic issues, helped Republicans win on Election Day, new AARP poll finds
▼ + stars: | 2024-11-15 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

the answer for many older voters ages 50 and over was "no," according to a new post-election poll released by the AARP. Almost half — 47% — of voters ages 50 and over said they are "worse off now," the research found, while more than half — 55% — of swing voters in that age cohort said the same. Among voters 50 to 64, Trump won by seven points. With voters ages 65 and over, Vice President Kamala Harris won by two points. Interviews were conducted with 2,348 "likely voters" in targeted congressional districts following Election Day between Nov. 6 and 10.

Persons: Donald Trump, Trump, Kamala Harris, Fabrizio Ward, Bob Ward, Ward Organizations: AARP, Finance, Research, Republican Locations: Bethlehem , Pennsylvania

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