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CNN —Two women who claim they were paid for sex by former Rep. Matt Gaetz provided House ethics investigators with “numerous” photos related to time they spent with the Florida Republican, a lawyer for the women said Tuesday, including from an alleged 2019 trip to New York. The women additionally provided the House Ethics Committee with selfies Gaetz is said to have sent them, according to their lawyer. They also testified that they sent nude photos to Gaetz, sometimes at his request, Leppard said. Leppard’s account of the testimony provides more insight into the evidence the House committee collected in its probe, which was conducted in addition to a criminal investigation by the Justice Department. “What I’m telling you is just a fraction of the evidence that’s available, of the thousands of documents” the House obtained, Leppard said.
Persons: Matt Gaetz, Gaetz, Joel Leppard, CNN’s Erin Burnett, ” Gaetz, Leppard, selfies Gaetz, Donald Trump, “ Merrick, , Mike Speaker Johnson, Gaetz . Leppard, CNN’s Annie Grayer Organizations: CNN, Florida Republican, Fox News, Justice Department, Gaetz Locations: New York, York
Los Angeles CNN —Los Angeles officials on Tuesday moved to cement the city and its schools as sanctuaries for immigrants and LGBTQ youth as the city positions itself to push back strongly against President-elect Donald Trump’s platforms on immigration and gender. The Los Angeles City Council, which represents the second-largest US city, unanimously voted to adopt a “sanctuary city” ordinance that prohibits city resources from being used in immigration enforcement or to cooperate with federal immigration agents, unless required by state law. LGBTQ advocates also fear his presidency will result in wider restrictions on transgender people and rollbacks of protections for other LGBTQ groups. Los Angeles City Council members listen as a man speaks in support of a proposed "sanctuary city" ordinance at City Hall on Tuesday. Teachers and administrators will receive training on how to respond to federal immigration personnel who request information about students and families or who are trying to enter school property.
Persons: Donald Trump’s, Karen Bass, They’ve, Jackie Goldberg, Hydee Feldstein Soto, ” Bass, , Gavin Newsom, Trump, Tom Homan, Etienne Laurent, , Homan, ” Homan, Curren Price, ” Price, Goldberg, stokes, Rocío Rivas, ” Rivas, Brendan Carr Organizations: Los Angeles CNN, Los, Los Angeles City Council, Los Angeles Unified School District, Republican, Trump, Bass, City, Democratic, Los Angeles Police Department, Trump -, Customs, Getty, “ Fox, Friends, Los Angeles Unified, Teachers, Department of Education, CNN, Federal Communications Commission, of Education Locations: Los Angeles, Los, , Wisconsin
Advertisement"Wicked," directed by Jon M. Chu, is a film adaptation of the iconic stage musical — well, just act one. Directed by Jon M. Chu ("Crazy Rich Asians") and starring Broadway and pop music's biggest legends — Cynthia Erivo and Ariana Grande, respectively — "Wicked" is a stunning act of adaptation. The stage musical version is also an adaptation, the looser kind, of Gregory Maguire's novel of the same name. AdvertisementAs in the stage musical, Glinda lends Elphaba the ugliest hat in her closet for a party. In the end, though, "Wicked" is one of the best musical adaptations recently put to screen.
Persons: Jon M, Chu, Cynthia Erivo, Ariana Grande's, It's, Broadway, Ariana Grande, Gregory Maguire's, Dorothy's, Glinda, Winnie Holzman, Dana Fox, Ariana, Giles Keyte, Erivo, doesn't, She's, Grande, aplomb, Jonathan Bailey, sycophants, Bowen Yang, Bronwyn James, Oscar, , it's, Elphaba, — it's, Peter Dinklage, Michelle Yeoh, Jeff Goldblum Organizations: Shiz University, Broadway, Universal Pictures, Universal
New York CNN —“Morning Joe” co-hosts Joe Scarborough and Mika Brzezinski announced Monday, in dramatic fashion, that they went to Mar-a-Lago last week for a fence-mending meeting with President-elect Donald Trump. According to two sources with direct knowledge of the matter, Scarborough and Brzezinski were credibly concerned that they could face governmental and legal harassment from the incoming Trump administration. For that reason, there are a wide range of feelings about the “Morning Joe” meeting, according to half a dozen employees who spoke on condition of anonymity. Shortly after the Mar-a-Lago meeting was publicized, lawyer and MSNBC host Katie Phang posted on social media, “Normalizing Trump is a bad idea. On Monday afternoon, Scarborough posted a link on X to a Fox News story about his meeting with Trump.
Persons: Joe ”, Joe Scarborough, Mika Brzezinski, Donald Trump, Scarborough, Brzezinski, Trump, Elon Musk, Matt Gaetz, Gaetz, , Katie Phang, Chuck Rocha, Joe, Mika, Jeff Jarvis, , White, Steve Bannon, Bannon, Andrew Weissmann, Ari Melber, they’re, Fox, ” Scarborough, Jeff Bezos’s, board’s, Kamala Harris, Bezos Organizations: New, New York CNN, Mar, Lago, MSNBC, CNN, Scarborough, Trump, Democratic, ” Veteran, Fox, Washington Post Locations: New York, Scarborough, America,
And Gaetz himself has been making calls to GOP senators and visiting his own loyalists in the House GOP. The pressure is all building ahead of a planned Wednesday meeting of the House ethics panel, which is expected to discuss the fate of the report. But privately, Republicans on the panel are signaling that they could bury the report as Gaetz and Trump are making direct appeals. In a call last week to GOP Sen. Josh Hawley, Gaetz urged him “to give him a shot,” Hawley told CNN. Meanwhile, nearly 100 House Democrats are calling on the House Ethics Committee to “immediately” release the report.
Persons: Matt Gaetz, J.D, Vance, Donald Trump’s, Gaetz, GOP Sen, Chuck Grassley, we’ve, ” Grassley, “ You’ve, , Sen, John Kennedy, Pete Hegseth, Elise Stefanik, Doug Collins, Trump, Lindsey Graham, Judiciary —, Josh Hawley, , ” Hawley, Hawley, Mike Simpson, ” Simpson, , Simpson, Kevin McCarthy, “ Matt, Rogers, Gaetz wouldn’t, Tim Burchett, he’s, Glenn Ivey, Ivey Organizations: CNN, GOP, Capitol Hill, Republican, Trump, Louisiana Republican, Fox News, Department of Defense, United Nations, Veterans Affairs, Judiciary, House, Caucus, Missouri Republican, Republicans, Armed, Democrats, Capitol, Florida congressman, ” Democratic, Maryland Locations: Trump, Louisiana, United, Gaetz, Florida
But it also complicated the diplomatic dance leaders attending the G20 summit must partake in as they navigate the complex geopolitical dynamics of the bloc. Lavrov attended the G20 in place of Russian President Vladimir Putin, who faced questions about whether he could be arrested for war crimes on international soil. In his remarks at the close of the summit, Lavrov also hailed the German government’s refusal to send Taurus cruise missiles to Ukraine as a “responsible stance,” TASS reported. There had been hope among western officials of a strong statement denouncing Russia’s invasion at the conclusion of the summit. American officials were unsurprised to learn Moscow had updated its nuclear doctrine following Biden’s decision on long-range missiles.
Persons: Russia “, Sergey Lavrov, Lavrov, Vladimir Putin, Volodymyr Zelensky, Putin, , Biden, Donald Trump, Olaf Scholz, Emmanuel Macron, It’s, Trump, Mike Waltz, , , We’ve, I’m, Jon Organizations: Rio de Janeiro CNN, West, White House, ” TASS, Ukraine, NATO, Fox News, Trump Locations: Rio de Janeiro, United States, Ukraine, Russia, Russian, Rio ., Moscow, Rio, Florida, New Delhi
Walmart – The retail giant gained about 4% after posting fiscal third-quarter results that surpassed Wall Street's estimates. Although the company reported a top- and bottom-line beat in the fiscal third quarter, it estimates sales will fall year over year. Super Micro Computer — The server maker soared around 26% after announcing BDO as its new auditor. Super Micro also provided a plan to the Nasdaq on how it will stay in compliance with exchange's rules. Symbotic — The automation technology company surged 28.5% after beating expectations for revenue in the fourth fiscal quarter.
Persons: Young, Symbotic, AeroVironment, Donald Trump's, Robert F, Kennedy Jr, Blackwell, Sarah Min, Samantha Subin, Hakyung Kim, Sean Conlon, Brian Evans, Michelle Fox Organizations: Walmart, BDO, Ernst, Nasdaq, Revenue, Wall, BioNTech, ISI, Department of Health, Human Services, Nvidia —, Nvidia
Robert F. Kennedy Jr.'s proposed appointment to lead the US Department of Health and Human Services could have big consequences for a booming weight-loss market. AdvertisementHis likely appointment comes at a pivotal moment for the weight-loss industry, as long-lasting shortages of drugs like Ozempic come to an end. When Farmbox launched in 2014 to deliver healthy food boxes and educate consumers about nutrition, "nobody wanted to invest in us," Tyrner-Dolce said. Doug Mills-Pool/Getty ImagesKennedy's crusade against Big Food could run up against Trump's pro-corporation agenda, though. AdvertisementWeight-loss companies could get more attention — at a costKennedy's focus on holistic chronic disease care, including obesity care, could see a renewed funding rush to the space.
Persons: Trump, Robert F, Kennedy Jr, Kennedy, he's, Obama, Ashley Tyrner, Dolce, Farmbox, FarmboxRx, Michelle Obama, SAUL LOEB, Kennedy's, Jeff Nobbs, Nobbs, Doug Mills, Elon Musk, Donald Trump Jr, podcaster Joe Polish, Brooke Boyarsky Pratt, There's, Knownwell Pratt, Pratt, John Stanford Organizations: Human Services, US Department of Health, National Institutes of Health, Food and Drug Administration, Trump, Big Pharma, Senate, Novo Nordisk, Centers, Medicare, Services, Getty, Street, Department of Health, US Department of Agriculture, Shack, Business, Big Food, Trump's, KFC, McDonald's, Fox, FDA, Moderna Locations: Pennsylvania, Washington
Trump escalates test of strength over Gaetz pick
  + stars: | 2024-11-19 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +10 min
Video Ad Feedback Lawyer describes client's testimony in House Ethics Committee investigation of Gaetz 03:04 - Source: CNNThe Ethics Committee report has quickly become the first big crisis of the nascent second Trump administration. A small handful of Republican senators would be needed to defect in order to block Gaetz’s nomination when the party controls the Senate majority next year. GOP senators could pay a price for a prolonged confirmation fightIf Trump sticks with his pick, Republican senators feeling the MAGA movement’s pressure could be forced to defend Gaetz for weeks. Maine Sen. Susan Collins told CNN’s Raju that it would be “helpful” to see the House Ethics report. “Whether we get the ethics report or not, the facts are going to come out one way or the other,” Cornyn said.
Persons: Donald Trump, Matt Gaetz, Joel Leppard, CNN’s Erin Burnett, Gaetz, Mike Johnson, Trump, Dakota Sen, Kevin Cramer, ” Cramer, CNN’s Manu Raju, MAGA, Cramer, Pete Hegseth, Robert F, Kennedy Jr, Florida Republican –, Capitol Hill, it’s, Washington Trump, Bill Clinton, Zoë Baird, Kimba Wood, Maine Sen, Susan Collins, CNN’s Raju, Texas Sen, John Cornyn, ” Cornyn, , Johnson, Susan Wild of, won’t, , ” CNN’s Kristen Holmes, Axios, Kennedy, Hegseth, Tulsi Gabbard, It’s Organizations: CNN, Florida Republican, Justice Department, Trump, Gaetz, Fox News, Human Services Department, GOP, Capitol, FBI, Democrat, , National Intelligence, Senate, Republican, North Dakota Republican Locations: Dakota, Washington, Texas, Susan Wild of Pennsylvania
Jack Black, who starred as Dewey Finn, is still a successful actor and musician. Jack Black in 2004 and 2023. Dave Hogan/Getty Image 2004 ; Albert L. Ortega/Getty Images 2023Prior to rocking out and pretending to be Mr. Schneebly in "School of Rock," Jack Black already had an impressive career. The actor also starred on HBO's "Tenacious D," which chronicled a fictionalized version of his rock duo with Kyle Gass. Outside of acting, Black and Gass have released several Tenacious D albums and videos.
Persons: Jack Black, Dewey Finn, Dave Hogan, Albert L, Ortega, Schneebly, He'd, Guy, HBO's, Kyle Gass, Black, Kong, Nacho, Kung, He's, Gass, Donald Trump, Mario, Ireland's JOE he'd, Mike White Organizations: Getty, of, School of, Mario Bros Locations: Orange
The ‘Trump dance’ takes the sports world by storm
  + stars: | 2024-11-19 | by ( Ben Morse | ) edition.cnn.com   time to read: +5 min
CNN —A dance popularized by President-elect Donald Trump appears to have taken the sporting world by storm, after multiple US athletes across the country brought it out to celebrate plays this weekend. At UFC 309 on Saturday, with Trump in attendance, Jon Jones commemorated retaining his heavyweight title by busting out the dance before acknowledging Trump at ringside. I thought it was a pretty fun dance. “It’s not a political dance. 10) said his 'Trump dance' was 'not a political dance' and was 'just for fun.'
Persons: Donald Trump, Nick Bosa –, , , , ” Bosa, Bosa, Jon Jones, Trump, Jones, Chris Unger, Za’Darius Smith, Brock Bowers, Calvin Ridley, Bowers, Safid Deen, “ I’ve, Deen, Charley Hull, Louis, Christian Pulisic, Pulisic, “ It’s, ” Pulisic, Jamie Squire, Colin Kaepernick, LeBron James, Scott Jennings, Jessica Tarlov, , ” Tarlov Organizations: CNN, President, YMCA, The, White, San Francisco 49ers, Trump, Niners, Tampa Bay Buccaneers, Bosa, San Francisco Chronicle, NFL, UFC, Detroit Lions, Las Vegas Raiders, Tennessee Titans, USA, Raiders, Pelican, soccer, Jamaica, CONCACAF Nations League, Republican, Fox, Fox News Locations: British, Florida, St, America
President-elect Donald Trump on Monday named former congressman and Fox Business host Sean Duffy as his pick for transportation secretary in the next administration. In a statement announcing Duffy, Trump described the Wisconsin Republican as a "a tremendous and well-liked public servant." "During his time in Congress, Sean was a respected voice and communicator in the Republican Conference, advocating for Fiscal Responsibility, Economic Growth, and Rural Development," Trump said. He stepped down in September 2019 after saying he learned that his child would be born with a heart condition. Duffy first gained attention after appearing on "The Real World: Boston," a reality TV series on MTV, in 1997.
Persons: Donald Trump, Sean Duffy, Duffy, Trump, Sean Organizations: Monday, Fox Business, Wisconsin Republican, Republican Conference, Rural, Financial Services, MTV Locations: Wisconsin
In today’s edition, national political reporter Ben Kamisar examines how House Republicans are growing increasingly aligned with Donald Trump. “One of the main takeaways from this cycle is that the Democratic Party has a lot of work to do on how we’re reaching voters,” Democratic strategist Christina Freundlich said. It’s one more thing a narrow House Republican majority will have to work through early next year. The remaining House Republicans are going to have to summon a different level of unity than they have managed recently to move the party’s legislative agenda. Martin O’Malley, a onetime presidential candidate, announced he’d enter the race for Democratic Party chair, but many more names are already circulating.
Persons: Ben Kamisar, Donald Trump, Kristen Welker, Mark Murray, Kamala Harris, Harris, Trump, Christina Freundlich, , Steve Schale, Barack Obama’s, Joe Biden, , ” Schale, Sen, John Fetterman, Sahil Kapur, Syedah Asghar, Ryan Nobles, Kyle Stewart, Mike Johnson, We’re, ” Johnson, Donald Trump’s, you’d, , Matt Gaetz’s, Elise Stefanik, Mike Waltz, Pete Hegseth, Brendan Carr, Carr, Johnson, ann o, lea Organizations: NBC, White House, Capitol, Republicans, Press, Democrats, Democratic Party, Democratic, PAC, Kyle Stewart Congress, “ Fox, Republican, NBC News, Trump, Fox News, Federal Communications Commission’s, adjourning, gov Locations: Florida, Gaetz
WASHINGTON — Congress faces a Dec. 20 deadline to fund the government and avert a shutdown, and Speaker Mike Johnson says House Republicans will probably push the fight into early 2025 rather than reach a full-year funding deal this year. And then then we should be actually working on the next year’s appropriations.”But even if they push the fight to early 2025, Republicans won’t have full control over spending decisions. Government funding legislation is subject to the 60-vote threshold in the Senate, which top Republicans have promised to preserve. That means they’ll have to reach a deal with Democrats, who currently control the Senate and want to pass full-year funding this year, not in 2025. “The bottom line is we’ve got to control spending and not allow there to be a runaway spending bill in December,” he said.
Persons: Mike Johnson, , We’re, ” Johnson, Donald Trump’s, you’d, Donald J, Trump, Robert Aderholt, there’s, it’ll, ” Aderholt, Trump’s, ” Sen, John Boozman, ” Boozman, Republicans won’t, Patty Murray, Susan Collins, We’ve, I’ve, , Pete Aguilar, “ Mike Johnson, Chip Roy, Boozman Organizations: WASHINGTON, “ Fox, Democrats, , Committee, Republicans, NBC, GOP, CRs Locations: WASHINGTON —, Maine, Texas
KYIV, Ukraine — The Ukrainian capital was blanketed by darkness Monday, even as residents were bolstered by a sense that their American allies had — finally — seen the light. "It is excellent news for us and a significant move," Kyiv resident Maryna Vlasenko, 39, told NBC News. She also bemoaned the lengthy process and the continued limits on Ukraine's use of the long-range weapons, however. A charred vehicle sits outside a residential building in Sumy, Ukraine, after a Russian missile strike Sunday. “Ukrainians don’t have the luxury of waiting while Russia continues killing civilians in Mykolaiv, Sumy, and pushing on the eastern front,” he added.
Persons: , Joe Biden, Donald Trump, Maryna Vlasenko, ” Vlasenko, , Kyiv's, Kim Jong, Alfons Cabrera, Volodymyr Zelenskyy, Vlasenko, Dmitry Peskov, Biden, ” Trump’s, Mike Waltz, , John Hamilton, Michael Bociurkiw, “ They’re, ” Frank Ledwidge, Ledwidge, “ It's, Vladyslav Faraponov, Donald Trump’s, Faraponov, don’t, Daryna Mayer Organizations: Kremlin, NBC, Ukrainian Emergency, Getty, Army Tactical Missile Systems, White, Rossiyskaya Gazeta, Fox &, U.S . Army, Army Tactical Missile, Council’s Eurasia, England’s University of Portsmouth, Institute of American Studies Locations: KYIV, Ukraine, Russia, Russian, Odesa, Kursk, U.S, Moscow, Ukrainian, Sumy, Kyiv, Washington, Florida, AFP, , British, Mykolaiv, Hong Kong
Labor leaders say Democrats need to rethink their approach to working-class voters. Former Fox News host Pete Hegseth’s attorney confirmed he paid a woman after she accused him of sexual assault. He also denied that the encounter between Hegseth and an unnamed woman, which she alleges happened in 2017, was sexual assault. 🏈 The Kansas City Chiefs’ undefeated season is no more as the Buffalo Bills beat their AFC rivals 30-21 at home. Bills quarterback Josh Allen threw for 262 yards with one touchdown and one interception as Buffalo improved to 9-2.
Persons: Pete Hegseth’s, Democratic Party ’ Donald Trump, Chip Somodevilla, Kamala Harris ’, , Brent Booker, ” Booker, Mike Johnson, Trump, Brendan Carr, Roy Rochlin, Donald Trump, , Parlatore, Dick Schoof, Nora Achahbar, NFL Gregory Bull, Greg Rosenstein, hird, 🐆 Organizations: Labor, Former Fox News, Union, Democratic Party, ’ International Union of, , Trump, Federal Communications Commission, Justice Department, FBI, Trump Pentagon, Fox News, NBC News, Washington Post, Authorities, Hegseth, Getty Images, Dutch, NFL, Los Angeles Chargers, Cincinnati Bengals, Sunday, NBC Locations: Amsterdam, Netherlands, West Palm Beach, Fla, Biden’s, ’ International Union of North America, Afghanistan, Hegseth’s, Monterey , California, Anadolu, Getty Images Amsterdam, Moroccan
Not all of Trump’s picks are causing uproar. But in a conventional administration, controversies raging around at least four key Cabinet picks would be seen as a disaster. The president-elect’s son explains the planGaetz and several other Trump picks have caused consternation in some circles given the questions about their qualifications and past behavior. That’s what the American people want.”It would take a handful of Republican senators to block the most provocative Trump nominees early next year, given that Democrats are likely to vote en masse against them. If he’s qualified, he’s qualified.”Missouri Sen. Eric Schmitt said he believed Trump’s nominees would get confirmed.
Persons: Donald Trump, Matt Gaetz, Tulsi Gabbard, Pete Hegseth, Robert F, Kennedy Jr, Hegseth, Trump’s, Intrigue, Gaetz, , Kennedy, Florida Sen, Marco Rubio, Trump, he’s, ” Johnson, South Dakota Sen, John Thune, Mike Johnson, CNN’s Jake Tapper, , ” Sen, Adam Schiff, Jim Himes, they’re, Matt Gaetz —, Robert Kennedy, Tulsi, ” Trump, Donald Trump Jr, , Sen, Markwayne Mullin, “ I’ve, … I’ve, Matt, ” Missouri Sen, Eric Schmitt, Alabama Sen, Tommy Tuberville, Pennsylvania Sen, John Fetterman Organizations: CNN, Washington, Republican Senate, Office, Fox News, Florida Republican, of Justice, Department of Health, Human Services, Senate, Trump, South, Louisiana Republican, California Democrat, Democrat, House Intelligence, Sunday, Connecticut Democrat, CBS, Republican, Fox Business, Oklahoma Republican, Press, Locations: Gaetz, — Russia, Washington, Florida, South Dakota, “ State, Louisiana, United States, California, Connecticut, ” Missouri, Alabama, Pennsylvania
AdvertisementVivek Ramaswamy, cohead of DOGE, said he expects to recommend the wholesale closure of some agencies. Vivek Ramaswamy said to expect the abolishment of entire federal agencies as part of a sweeping restructure envisioned by DOGE. AdvertisementOn Sunday morning, Ramaswamy appeared on Fox News and was asked about DOGE's plans for the future of federal agencies. Maria Bartiromo, the Fox host interviewing Ramaswamy, mentioned the Department of Education as a possible cut, but Ramaswamy instead answered in general terms. Eliminating federal agencies could be a hard ask though.
Persons: Vivek Ramaswamy, cohead, Ramaswamy, Elon Musk, Trump, Donald Trump, Maria Bartiromo, Jack Newsham Organizations: Department of, President, Fox News, of Education, Fox, Republican, Congress, Nuclear Regulatory Commission, FBI
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
The 30-year-old, Hillsborough, New Jersey, native started playing piano and saxophone in elementary school and continued playing in various school bands through high school. Nelson has since built a bustling career as a live performer, playing piano and saxophone at "an average of 80 events a year," he says, mostly weddings. By fall 2019, after reaching out to local New Jersey DJ companies to let them know he was interested in playing events, he was "doing about two, sometimes three" events per weekend, he says. Jason Nelson playing sax at a wedding. Jason Nelson playing sax at a wedding.
Persons: Jason Nelson, Nelson, Michael Romeo Organizations: Rutgers University, Barnes & Noble College, DJ, New Jersey DJ, Fox Photography Locations: Hillsborough , New Jersey, New Jersey
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
CNN —President-elect Donald Trump’s Cabinet picks are unique for many reasons. Kennedy brings his addiction worldview to prescription drugs such as those overseen by the Food and Drug Administration, which he would oversee if confirmed as HHS secretary. But Musk denied allegations of past drug use as reported in The Wall Street Journal early this year. Federal employees are barred from taking illegal drugs, and there are no reports to indicate that any of Trump’s Cabinet or other administration picks are using illegal drugs. CNN has reported that this year, Trump’s team is bypassing long and cumbersome FBI background checks for some of his Cabinet picks.
Persons: Donald Trump’s, Matt Gaetz, It’s, , Gaetz, Robert F, Kennedy Jr, Kennedy, Kurt Andersen, ” Elon Musk, Matthew Perry, Joe Rogan’s, Musk, Larry Kudlow, Hunter, Hunter Biden, Trump, Fred, Theo Von’s “, ” Von, Von, Sackler, Xi Jinping, Biden, Joe Biden, Florida’s Organizations: CNN —, Drug Enforcement, Department of Health, Human Services, Harvard University, Food and Drug Administration, Fox News, “ Department, Government, NASA, SpaceX, Street, Trump, CNN, Biden White, of Justice, Supreme, Purdue Pharma, Republican Locations: Florida, South Dakota, China, Mexico
Trump Media & Technology Group — Shares in President-elect Donald Trump's media company pulled back roughly 5%. Although the stock has been increasingly volatile in the wake of Trump's election, it has gained more than 52% in 2024. Redfin — The online real estate company's stock slipped 3.4% following a downgrade at Goldman Sachs to sell from neutral. CVS Health — Shares of the drugstore operator jumped nearly 6% following a decision to add four new board members in a deal with Glenview Capital. Moderna — Shares of the biotech company jumped more than 5% after HSBC upgraded the stock to buy from hold and said it views the stock as being undervalued.
Persons: Donald Trump's, Donald Trump, Chris Wright, Wright, Baird, Goldman Sachs, Wells, Needham, Piper Sandler, , Alex Harring, Sean Conlon, Hakyung Kim, Pia Singh, Michelle Fox Organizations: Spirit Airlines —, Trump Media & Technology, Liberty Energy, Goldman, CVS, Glenview Capital, Aetna, U.S . Securities, Exchange, Nasdaq, Moderna —, HSBC, Warner Bros, , National Basketball Association Locations: Wells Fargo
Investors may like AT & T for its juicy dividend, but the underlying shares also have "significant upside" ahead, according to Goldman Sachs. The Wall Street investment bank sees a number of factors at play that should boost returns for the Dallas-based telecom giant, which pays a dividend yield of 4.89%. Overall, Schneider anticipates sustained EBITDA growth of 3%, which is 100 to 200 basis points faster growth than Wall Street is currently modeling, he said. That sustained improvement on EBITDA growth should warrant a higher multiple over time, he added. The stock, which hit a 52-week high on Monday, is up 37% year to date, excluding the dividend.
Persons: Goldman Sachs, Goldman, James Schneider, Schneider, T's Organizations: Dallas, Verizon, Mobile Locations: United States
It was just one example of Trump casting a long shadow over a pair of world leader summits taking place in South America this week. Yet to many involved in the discussions, the episode suggested the contention that colored world leader summits during Trump’s first presidency may be poised to return. “You can already see the Trump effect taking hold,” one Western diplomat said as the summit was getting underway. “Trump will only cause more divisions, and more divisions mean less leverage and less influence,” the official went on. “President Biden is that president, he will be handing off power in January, and it will be up to a new administration to decide what to do with it.”
Persons: Rio de Janeiro CNN — Donald Trump’s, Javier Milei, it’s, Trump, Joe Biden, Tulsi Gabbard, Pete Hegseth, Xi Jinping’s, Biden, ” Xi, Jake Sullivan, Xi, Donald Trump, Alex Brandon, Milei, Trump’s, ” Biden, , “ Trump, , Jon Organizations: Rio de Janeiro CNN, Argentine, Trump, APEC, Fox News, Pentagon, White House, GOP, AP, “ Conservatives, Sunday Locations: Rio de Janeiro, Argentina, South America, Peru, Japan, South Korea, China, Lima, Rio, Paris, Ukraine, Russia, Moscow
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