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☆ Trump’s wealthy Cabinet picks will have to divest. But the rules make that a potentially lucrative prospect
▼ + stars: | 2024-11-28 | by ( Allison Morrow | ) edition.cnn.com time to read: +8 min

Federal ethics laws require those senior government jobs in the Cabinet and beyond to divest their individual stock holdings, lest anyone be tempted to abuse their position of power to juice their personal investments. “The rule of thumb is, recuse or divest,” said Jordan Libowitz, vice president for communications at Citizens for Responsibility and Ethics in Washington, or CREW. “The more complex your assets are, the harder it can be to divest from them. Although the president isn’t subject to conflict of interest laws, most presidents have adhered to them anyway to avoid any appearance of impropriety. Given Trump’s own disregard for ethics rules, it’s not clear how, or even whether, his Justice Department would enforce the criminal conflict of interest laws that his Cabinet picks are subject to.

Persons: who’s, Nixon, Donald Trump, Howard Lutnick, Linda McMahon, —, ”, Jordan Libowitz, Scott Bessent, haven’t, Bloomberg —, Lutnick, Cantor Fitzgerald, Newmark, it’s, ” Robert Rizzi, isn’t, Trump, disentangle, Rizzi, ” Rizzi, John Paulson, you’re, ” Libowitz, George W, Hank Paulson, Goldman Sachs, he’d, JD Vance, he’s, Libowitz, “, ’ ”, didn’t Organizations: New, New York CNN, Treasury Department, titans, Citizens, Forbes, Bloomberg, Government, Key Square Capital Management, Holland, Knight, Treasury, Bush’s, Wall, Trump Media, Technology, Department, FBI, Trump Locations: New York, Washington, Cantor’s, Washington ,

☆ Rudy Giuliani's mother-daughter defamation victims still haven't received millions of dollars of his assets
▼ + stars: | 2024-11-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

Thanksgiving is the one-month anniversary of Giuliani's deadline to turn over assets. Ruby Freeman and Shaye Moss have received a car and apartment without the paperwork to sell either. Freeman and Moss have subpoenaed the elder Giuliani's tax accountants, Mazars, USA, to see if he declared gifting the rings to his son. AdvertisementA bankruptcy judge dismissed the bankruptcy case within six months, citing Giuliani's "failure to provide even basic disclosure" of his assets. "The car keys without the title is really meaningless, US Court Judge Liman told Giuliani's attorney Joseph Cammarata.

Persons: Rudy Giuliani, Ruby Freeman, Shaye Moss, It's, Moss, Giuliani, Freeman, Joe DiMaggio, Donald Trump, livestreams, Giuliani —, —, DiMaggio, Baseball Hall of Famer Reggie Jackson, Judith, Rudolph Giuliani, Judith Nathan, Aaron Nathan, Jacquelyn Martin, Lewis Liman, Andrew, Donald Trump's, Trump, Lauren Bacall's, Lauren Bacall, Judge Liman, Joseph Cammarata, Liman Organizations: Mercedes, New, Yankees Stadium, Baseball Hall of Famer, AP, Mazars, Southern, of Locations: Georgia, Manhattan, New York City, Ronkonkoma , New York, Long, Florida, USA, Washington ,, United States, of New York

☆ 6 charts show why Gen X is so bummed about money right now
▼ + stars: | 2024-11-28 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

AdvertisementAs many Americans struggle with a high cost of living, Gen X is in a particularly tight spot. Gen X has the highest income of all but also the highest debt. As a Bank of America Institute research note said, Gen X has seen its discretionary spending drop the most of all generations. The analysis attributed that, in part, to Gen Xers trying to sock away more for retirement and investing more. AdvertisementBut as Bank of America notes, Gen X is in the "sandwich" phase of life: Some are juggling supporting adult children and older relatives.

Persons: X, Gen X, Xers —, they're, Xers, Gen Xers, I'm, Wendy Graham, Barbara Lose, Graham, who's, Xer Organizations: Federal Reserve Bank of Philadelphia, Philadelphia Fed, Bank of America Institute, of Labor Statistics, Bank of America, University of Michigan's Locations: Philadelphia, Florida

☆ Will TikTok be banned? Here are the latest details on the app's legal fight to stay in the US and Trump's options
▼ + stars: | 2024-11-28 | by ( Dan Whateley | ) www.businessinsider.com time to read: +7 min

The US government is on track to force the app out on January 19, the day before Donald Trump takes office. There's a possibility that President Joe Biden could extend that deadline by 90 days, but he hasn't said he will. AdvertisementBut will a TikTok ban actually happen? While there is bipartisan support in Congress for a TikTok ban, support for a ban is fading among the American public. Some members of Congress have raised concerns that TikTok could be used as a CCP propaganda tool.

Persons: Donald Trump, Joe Biden, hasn't, Read, Amanda Perelli, TikTok, Matthew Schettenhelm, Trump, I'm, G.S, Hans, Nathan Posner, Getty Images Trump, ByteDance, John Moolenaar, Shou Chew, Chip Somodevilla Organizations: Business, Appeals, District of Columbia Circuit, DC, Bloomberg Intelligence, DC Circuit, Pew Research, Trump, Department, Congress, Cornell Law School, Washington DC, Anadolu Agency, Getty Images, Rep, Chinese Communist Party, CCP, Foreign Locations: TikTok, Los Angeles, Washington, United States, China, US

☆ The battle against 6% broker fees isn’t over after a surprise 11th hour court filing
▼ + stars: | 2024-11-28 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

CNN —The US Department of Justice threw even more doubt into a new way of paying for real estate brokers this week, raising concerns about a recent wide-ranging legal settlement. The new rules included in the settlement represented the biggest upheaval to the US real estate market in a century, sowing worry among real estate professionals. The NAR settlement was originally announced in March, and the new rules took effect in mid-August. “This is an important moment for NAR members, home buyers and sellers, and the real estate industry,” said NAR President Kevin Sears in a statement about the settlement approval. Rob Crawford, the owner of Florida real estate firm Loch Realty, said he has heard of real estate brokerages weighing whether to leave the organization.

Persons: Realtors —, ”, Leo Pareja, Kevin Sears, Department’s, –, Tanya Monestier, “, Rob Crawford, Crawford, ” Leslie Heindel, hasn’t, ” Heindel, Heindel Organizations: CNN, US Department of Justice, Realtors, eXp Realty, National Association of Realtors, NAR, Justice Department, DOJ, University, Buffalo School of Law, Loch Realty Locations: Missouri, Florida, Loch, New Orleans

☆ DOGE: How far could Elon Musk and Vivek Ramaswamy go to cut federal regulations?
▼ + stars: | 2024-11-28 | by ( Tami Luhby | ) edition.cnn.com time to read: +6 min

CNN —Elon Musk and Vivek Ramaswamy intend to lean on two recent Supreme Court rulings that they argue will make it easier to tear up a multitude of federal regulations. However, multiple legal and regulatory experts told CNN that Musk and Ramaswamy are misinterpreting the decisions, which could actually make it harder to overturn existing rules. Slashing needed workersWhat’s more, the endeavor would require a lot of assistance from agency staffers – the very workers that Musk and Ramaswamy have promised to cut. For instance, in a town hall on X last month, Musk repeatedly criticized government regulations, citing their interference with his companies. “It’s quite arduous getting regulatory approval,” Musk said while discussing his Neuralink startup that develops implantable brain-computer interfaces.

Persons: CNN — Elon Musk, Vivek Ramaswamy, Donald Trump, Raimondo, Ramaswamy, won’t, ”, James Broughel, hasn’t, ” Musk, Trump, Nicholas Bagley, “, Richard Pierce Jr, ” Broughel, ” Trump, Broughel, Biden, Joe Biden’s, Musk, ” CNN’s Tierney Sneed Organizations: CNN, Government, Environmental Protection Agency, Loper Bright Enterprises, Competitive Enterprise Institute, ’, Street, Congress, University of Michigan Law School, George Washington University, of Economic, Public Citizen, SpaceX Locations: West Virginia

☆ Four Democratic lawmakers targeted with threats while home for Thanksgiving
▼ + stars: | 2024-11-28 | by ( Zachary Cohen | Holmes Lybrand | ) edition.cnn.com time to read: +4 min

CNN —At least four Democratic representatives from Connecticut said Thursday they were targeted with bomb threats while home celebrating Thanksgiving with their families. Reps. Joe Courtney, Jim Himes, John Larson and Jahana Hayes each issued statements revealing they were targeted with bomb threats, prompting law enforcement to respond. In each case, law enforcement ultimately found no evidence of a bomb and all four lawmakers have reported their families are safe. In a statement to CNN, US Capitol Police said they are investigating the latest round of threats against Democratic lawmakers. Andrew McCabe, a former FBI deputy director and CNN contributor, said he was not surprised by yesterday’s threats.

Persons: Sen, Chris Murphy’s, Joe Courtney, Jim Himes, John Larson, Jahana Hayes, Donald Trump’s, ” USCP, Himes, Courtney, Hayes, ”, Andrew McCabe, It’s, ” McCabe, “, Jack Smith, Tanya Chutkan Organizations: CNN, Democratic, Hartford, US Capitol Police, House Intelligence, Connecticut Congressional, FBI, Trump Locations: Connecticut

☆ US economy could face higher inflation and slower growth when Trump takes office, 'Dr. Doom' economist Nouriel Roubini says
▼ + stars: | 2024-11-28 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

AdvertisementNouriel Roubini thinks higher inflation and slower growth are coming on the back of Trump's policies. "Some of the economic policies may lead to higher economic growth," Roubini said, pointing to Trump's push to loosen regulation and slash the corporate tax rate. "But unfortunately, many of the other policies have the implication of higher inflation and lower economic growth." AdvertisementOther forecasters have also warned of the potential for higher inflation in Trump's second term. Trump, though, has repeatedly disputed the idea that his policies are inflationary and said he would lower prices for Americans.

Persons: Roubini, Roubini —, Doom, —, Trump, Taylor Rogers Organizations: Bloomberg, Social Security, Committee, Federal, Deutsche Bank, Trump, White, Republican National Committee Locations: stoke, Mexico, Canada, China

☆ Sriram Krishnan is leaving Andreessen Horowitz and is reportedly in talks to join Elon Musk at DOGE
▼ + stars: | 2024-11-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

AdvertisementSriram Krishnan, a general partner at Andreessen Horowitz, is leaving the firm at the end of the year. Krishnan has discussed joining Elon Musk at the Department of Government Efficiency, reports say. Krishnan has supported Musk in the past and worked at various Big Tech companies. Sriram Krishnan, a general partner at Andreessen Horowitz, is leaving the firm and has had discussions with Elon Musk about joining the Department of Government Efficiency, reports say. Krishnan joined Andreessen Horowitz, also known as A16z, in 2021 and has worked as a crypto investor at the firm.

Persons: Sriram Krishnan, Andreessen Horowitz, Krishnan, Elon Musk, He's, What's, I've, he'd, Donald Trump's, Andreessen Horowitz didn't, Trump, Musk, Vivek Ramaswamy, Joe Lonsdale, Marc Andreessen, Bill Ackman, Travis Kalanick —, Steve Davis, Antonio Gracias, Shiba Organizations: Elon, Department of Government, Big Tech, Twitter, Meta, DOGE, Business, The Washington Post, The Boring Company

☆ CNBC Daily Open: U.S. inflation edged up but investors aren’t fazed
▼ + stars: | 2024-11-28 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Mike Blake | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The SPDR S&P 500 , an exchange-traded fund that tracks the broad-based index, traded around 22.6% fewer shares than its 30-day average. In fact, traders boosted their bets that the U.S. Federal Reserve will lower rates by 25 basis points at its December meeting. "Today's data shouldn't change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management.

Persons: TKWY, Mike Blake, David Alcaly, Scott Helfstein, Chris Verrone, —, Jeff Cox, Scott Schnipper, Alex Harring, Sean Conlon Organizations: Reuters, CNBC, Dow Jones, Big, Nasdaq, U.S . Federal, Lazard Asset Management Locations: Encinitas , California, U.S, Big Tech

☆ Shohei Ohtani: Los Angeles Dodgers star seeks $325,000 worth of baseball cards from his ex-interpreter
▼ + stars: | 2024-11-28 | by ( Associated Press | Story The | ) edition.cnn.com time to read: +3 min

AP —Baseball star Shohei Ohtani wants his former interpreter to hand over hundreds of thousands of dollars worth of baseball cards he says were fraudulently bought using his money. The legal filing alleges Mizuhara accessed Ohtani’s bank account beginning around November 2021, changing his security protocols so that he could impersonate him to authorize wire transfers. By 2024, Mizuhara had used that money to buy about $325,000 worth of baseball cards at online resellers eBay and Whatnot, according to the court documents. Ippei Mizuhara, the former interpreter for the Los Angeles Dodgers baseball star Shohei Ohtani, leaves federal court in Santa Ana, California, on June 4, 2024. Earlier this year, Ohtani and the Dodgers won the World Series, and the baseball star won his third Most Valuable Player award.

Persons: Shohei Ohtani, Ippei Mizuhara, Mizuhara, Michael G, Freedman, Shohei, Damian Dovarganes, Ohtani —, — Organizations: —, Los Angeles Dodgers, Derby, American League MVP, Los Angeles Angels, MLB, NBA, NFL, Dodgers Locations: Santa Ana , California, Arizona, Japan

☆ FTC opens broad antitrust investigation into Microsoft
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter told Reuters Wednesday. The investigation was approved by FTC Chair Lina Khan ahead of her likely departure in January. The FTC fielded such complaints last year as it examined the cloud computing market. The FTC has demanded a broad range of detailed information from Microsoft, Bloomberg reported earlier on Wednesday. In 2019, the Pentagon awarded it a $10 billion cloud computing contract that Amazon had widely been expected to win.

Persons: Lina Khan, Donald Trump, Satya Nadella, Trump, JD Vance Organizations: U.S . Federal Trade Commission, Microsoft, Reuters, NBC News, Republican, FTC, Amazon, Google, European Commission, Bloomberg, Big Tech, Facebook, Meta, Apple, Amazon.com Inc, U.S, Trump, Pentagon, Web Services

☆ Judge finds New York City in contempt over jail conditions, moves closer to a federal takeover
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +5 min

A judge on Wednesday found New York City in contempt for failing to staunch violence and brutality at its jails, a scathing ruling that puts the troubled Rikers Island jail complex on the verge of a federal takeover. It would not involve a takeover by the Justice Department, nor would the city’s jails become part of the federal Bureau of Prisons. Nineteen people died in custody at Rikers Island in 2022. There has been “no substantial reduction in the risk of harm currently facing those who live and work in the Rikers Island jails,” the judge wrote. Under a plan approved by the city council in 2019, New York City is legally required to shutter Rikers Island and replace it with four smaller and more modern jails by 2027.

Persons: Laura Taylor Swain, leadership’s, Swain, Eric Adams, ” Swain, Jan, Emery Celli Brinckerhoff Abady, Maazel, ”, “, Benny Boscio, Adams Organizations: New, ”, Justice Department, of Prisons, Legal Aid Society, city’s Department of Correction, Democrat Locations: New York City, Manhattan, East, Rikers

An Arizona man has been arrested after he allegedly posted videos online that showed him brandishing an AR-15-style rifle and threatening to kill President-elect Donald Trump and members of Trump's family, authorities said. Manuel Tamayo-Torres posted videos on a "near-daily basis" in which he accused Trump and the president-elect's family members of kidnapping and sex-trafficking his children, according to charging documents filed in federal court in Arizona. The documents don't identify Trump by name but they describe "Individual 1" as a former president and current president-elect. Tamayo-Torres also posted a video on Nov. 21, saying Trump's "whole family is going to die," according to the charging documents. Last year, he was served with an order of protection by his ex-wife, the court documents say.

Persons: Donald Trump, Manuel Tamayo, Torres, Trump, Tamayo Organizations: Trump, Desert Diamond, Facebook Locations: Arizona, Glendale, Southern California, California

Several of President-elect Donald Trump's planned Cabinet nominees and administration appointees were subjected to bomb threats and "swatting" attacks Tuesday night and Wednesday morning, a spokesperson for the Trump transition team said. These attacks ranged from bomb threats to ‘swatting,’" transition spokeswoman Karoline Leavitt said in a statement. Three senior law enforcement officials briefed on the swatting incident involving multiple Trump allies told NBC News that these were not credible threats. The FBI said in a statement it “is aware of numerous bomb threats and swatting incidents targeting incoming administration nominees and appointees, and we are working with our law enforcement partners. New York State, County law enforcement, and U.S. Capitol Police responded immediately with the highest levels of professionalism."

Persons: Donald Trump's, ‘, Karoline Leavitt, JD Vance, Trump, Elise Stefanik, Stefanik, ”, who've, Jack Smith Organizations: Trump, NBC News, Secret, FBI, United Nations, New, U.S . Capitol Police Locations: Washington, New York State, U.S, New York, Georgia

☆ Man already serving 30 years for murder charged in connection to the March 2022 disappearance of Louisiana mom Ella Goodie
▼ + stars: | 2024-11-27 | by ( Kyani Reid | ) www.nbcnews.com time to read: +3 min

On November 21, a man was formally charged in connection to the disappearance of 32-year-old Ella Goodie. In October 2022, Ella’s case was featured in Dateline’s ‘Missing in America’ series. Dateline spoke with Ella’s friend Felicia Broussard, who said she last spoke with Ella on March 8, 2022. In April, 2022, the Louisiana State Police posted about Ella’s disappearance. Anyone with information regarding Ella’s disappearance is asked to call the Louisiana State Police at 318-484-2194.

Persons: Ella Goodie, Ella’s, Felicia Broussard, Ella, Felicia, Dereck, Brandon Francisco, Francisco, Brian Cespiva, Cespiva, Dateline Francisco, Brandon Jermaine Francisco, “ Organizations: Louisiana State Police, Audi, Dateline, Attorney’s, Western, Western District of Locations: Texas, Lafayette , Louisiana, St, Joseph , Missouri, Louisiana, Dereck Senegal, U.S, Western District, Western District of Louisiana

☆ Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
▼ + stars: | 2024-11-27 | by ( Jeff Cox | Jeff Cox Is A Finance Editor With Cnbc.Com Where He Covers All Aspects Of The Markets | Monitors Coverage Of The Financial Markets | ) www.nbcnews.com time to read: +3 min

The personal consumption expenditures price index, a broad measure that the Fed prefers as its inflation gauge, increased 0.2% on the month and showed a 12-month inflation rate of 2.3%. Both were in line with the Dow Jones consensus forecast, though the annual rate was higher than the 2.1% level in September. The annual rate was 0.1 percentage point above the prior month. Odds of a quarter percentage point reduction in the central bank’s key borrowing rate were at 66% Wednesday morning, according to the CME Group’s FedWatch measure. The release follows consecutive rate cuts by the Fed in September and November totaling three quarters of a percentage point.

Persons: Dow, Stocks Organizations: Federal, Commerce Department, Dow Jones, Nasdaq, Treasury, Fed, Labor

☆ California man is indicted after allegedly trying to fly with 71 pounds of meth-soaked clothes, including a cow onesie
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Daniel Arkin | ) www.nbcnews.com time to read: +1 min

A California man was arrested at Los Angeles International Airport after he allegedly tried to check two suitcases filled with clothing soaked in methamphetamine, including a cow pajama onesie, federal prosecutors announced Tuesday. Prosecutors have indicted Raj Matharu, 31, with one count of possession with intent to distribute methamphetamine, according to a Department of Justice news release. Matharu is scheduled to be arraigned Monday in U.S. District Court in downtown Los Angeles. Officers field-tested a sample of the residue, which yielded positive results for meth. The total weight of the meth-soaked clothing items was roughly 71.5 pounds.

Persons: onesie, Prosecutors, Raj Matharu, Matharu, Martin Estrada, “, ” Matharu Organizations: Los Angeles International Airport, Department, Justice, United Airlines, Central District of Locations: California, Los Angeles, U.S, Sydney, Australia, Central District, Central District of California

☆ D.C. protested Trump's first term. Now, Washingtonians worry he'll crush them in his second.
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +7 min

But as president, he’ll have direct authority over only one — his once-and-future home of Washington, D.C., where city leaders are bracing for his wrath and hoping for the best. “A second Trump presidency presents risks for D.C., which lacks the protections of statehood and full home rule,” Del. Its limited self-government is derived from Congress and can be rescinded whenever the president and Congress wish. And he could deploy more federal law enforcement officials, as he did during the Black Lives Matter protests of 2020. “The first priority and responsibility of the D.C. Police must be to the residents of the district.”

Persons: Donald Trump, he’ll, Trump’s, Trump, “, ” Del, Eleanor Holmes Norton, Muriel Bowser, Bowser, ”, —, Karoline Leavitt, MAGA, Court’s Roe, Wade, ” Bowser, Bill Clinton, Norton, federalize Organizations: Washington , D.C, Trump, White, District of Columbia, D.C, NBC News, of Columbia, National Guard, Metropolitan Police Department, Republican, Financial Control Board, FBI, Republicans, Congress, Democratic, of Columbia Financial, Control, Police Locations: Washington ,, ”, Washington, Trump

In our society and our culture, and therefore in our politics, there is a growing comfort in the “ends justifies the means” mentality. (Trump’s pick, Pete Hegseth, has denied an alleged sexual assault described in a 2017 police report and was never charged.) “You crossed the line,” Holly Hunter’s character screams at William Hurt’s character, who responds: “It’s hard not to cross it. And wouldn’t it be a shame if the electorate decided that politics now belongs to the low-character crowd. For what it’s worth, I do think our political leaders and public servants should be of a higher-than-average moral character.

Persons: Logan, Jake Paul, Donald Trump’s, Pete Hegseth, Robert F, Kennedy Jr, Kennedy, ”, I’m, Bill Clinton, John F, don’t, —, There’s, Holly, William Hurt’s, We’ve, Richard Ben Cramer’s, let’s Organizations: Pentagon, Happy Locations: We’re, American

A U.S.-brokered ceasefire between Israel and Hezbollah takes effect. Winter weather is forecast for Thanksgiving. Ceasefire between Israel and Hezbollah takes effectA United States-brokered ceasefire between Israel and Lebanon’s Hezbollah militant group in Lebanon has taken effect a day after President Joe Biden announced the agreement. Meanwhile, the National Weather Service warns that a pair of weather systems were expecting to bring an “Arctic outbreak” across parts of the U.S. into the weekend. Here’s what else is in store for holiday weather and travel.

Persons: Joe Biden, Biden, “, Benjamin Netanyahu, Hassan Nasrallah, Israel —, Ronald Reagan, Roberto Schmidt, Donald Trump’s, Clinton, they’re, — they’re, they’ve, Jeffrey Gahler, ” Critics, Trump, Jack Smith’s, Susie Wiles, Guess, Hunter King, Tyler Hynes, Joshua Haines, Taylor Swift, Travis Kelce’s, Hallmark’s, Donna Kelce, — Angela Yang, Here’s, Elizabeth Robinson Organizations: NFL, Kansas City Chiefs, Lebanese, NBC, Israel Defense Forces, Ronald Reagan Washington National Airport, AFP, Getty, Newark Liberty International, FAA, National Weather Service, Rockies, Customs, ”, White, Sunshine State, Hallmark, Hallmark Media, Chiefs Locations: U.S, Israel, United States, Lebanon, Lebanese, inbox, Iran, Gaza, Tehran, Ronald Reagan Washington, Arlington , Virginia, Central, Southern California, Michigan, New York City, Harford County , Maryland, Trump’s, Trump

“I’ll be withdrawing my name from consideration to serve as Attorney General,” now-former Florida Rep. Matt Gaetz posted on social media. Once the nation’s largest swing state, Florida is now stocked with Trump allies and a comfortable home turf for Republicans. It’s a state Trump won by more than 10 percentage points, up from his three-point win in 2020. “You need an Attorney General on Day 1 to be able to executive your plan,” a Trump official said. “I am kind of surprised other states are not pushing back harder, but they just are not.”“But that kind of makes sense to a degree,” Iarossi added of the state Trump won easily.

Persons: Donald Trump’s, “ I’ll, ”, Matt Gaetz, “, ” Gaetz, didn’t flinch, Trump, Gaetz, Pam Bondi, It’s, Evan Power, “ Trump, Sen, Marco Rubio, Mike Walz, Dave Weldon, Nick Iarossi, Iarossi, Susie Wiles, Trump’s, James Blair, Wiles, Blair, Tony Fabrizio, Brian Hughes, Danielle Alvarez, Alex Garcia, “ Susie, Brian Ballard, Bondi, Trujillo, Katie Wiles, “ It’s Organizations: Mar, Trump’s, Florida Rep, DOJ, Congress, Trump, Republicans, Republican Party of Florida, White, Gaetz, State, for Disease Control, Washington, BGR, Florida GOP, Florida, Ballard Partners, Continental, Organization of American, NBC News Locations: Palm, Florida, “ Florida, Lago, Bondi, Miami, Washington

After a lengthy delay, President-elect Donald Trump’s transition team has signed a memorandum of understanding with the White House, allowing the next administration to coordinate with federal agencies. Trump’s incoming White House Chief of Staff Susie Wiles said in a statement the memo’s signing allows for “critical preparations” to begin. During the campaign, Trump's team had blown past an Oct. 1 deadline to enter a memorandum of understanding with the White House. The agreement with the White House outlined that Trump must publicly post his ethics plan for the transition team on the GSA website. The Trump transition team and the Justice Department did not immediately respond to requests for comment Tuesday evening.

Persons: Donald Trump’s, Susie Wiles, ”, Trump, Joe Biden’s, ” Wiles, Trump’s, Jamie Raskin, Raskin, Sen, JD Vance, Ohio, Saloni Sharma, Sharma, White, ’ ” Sharma Organizations: White, General Services Administration, Democrat, Maryland, NBC News, GSA, Trump, Justice Department, FBI Locations: United States

An appeals court on Tuesday agreed to dismiss charges related to Donald Trump’s alleged mishandling of classified documents, effectively ending Special Counsel Jack Smith's prosecution of Trump. A spokesperson for Smith’s office declined to comment. Federal prosecutors in August had asked the U.S. Court of Appeals for the Eleventh Circuit to restore the case. The two remaining criminal cases, the New York case involving hush money payments and a Georgia election interference case, are also in limbo. A New York judge ruled last week postponed Trump's sentencing in that case which was previously scheduled for Nov. 26.

Persons: Donald Trump’s, Jack Smith's, Trump, Tanya Chutkan, Aileen Cannon, Trump —, can’t, Smith, Stormy Daniels, Fani Willis, Willis Organizations: Trump, U.S, U.S ., Appeals, Eleventh Circuit, Department, NBC News Locations: Lago, Florida, York, Georgia, New York, Fulton County

☆ In an F-35 funding fight, Musk will need to win over a skeptical Congress and Trump
▼ + stars: | 2024-11-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk sharply criticized the F-35 stealth jet and its builder, Lockheed Martin. Musk could target the expensive program as part of his efforts to cut federal spending under Trump. Congress has historically valued the stealth fighter flown by three military branches despite its problems. His comments suggest he could be eyeing the $2 trillion F-35 program, and possibly other fighter jets, for potential spending cuts. In fact, the House's defense spending bill for the 2025 fiscal year called for more F-35s than what the Pentagon initially requested.

Persons: Lockheed Martin, Donald Trump, Elon, Musk, Trump, Elon Musk, ANGELA WEISS, Samuel King Jr, President Trump, Clawson, Michael Bohnert, Bohnert, Cmdr, Darin Russell, Stacy Pettyjohn Organizations: Elon, Trump . Congress, Pentagon, Congress, Getty, Trump, Department of Government, Department of Defense, Lockheed, US Air Force, Navy, Air Force, Marine Corps, RAND Corporation, US Navy, Defense, Center, New, New American Security Locations: New American

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