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Germany's Merkel laments influence of big business on Trump
  + stars: | 2024-11-23 | by ( ) www.cnbc.com   time to read: +1 min
Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over U.S. President-elect Donald Trump a "huge concern". In an interview with the news magazine Der Spiegel published on Friday ahead of the release of her memoir, Merkel said the job of politics was ultimately to balance the interests of ordinary and powerful citizens. "If this ultimate recourse is influenced too strongly by companies, whether through capital power or technological capabilities, then that is an unprecedented challenge for all of us," she said. She cited the example of Musk, chief executive of Tesla and SpaceX, who was tapped by Trump to co-lead a new Department of Government Efficiency that the incoming president has indicated will operate outside the confines of government. "If a person like him [Musk] owns 60% of all satellites orbiting in space, then that has to be a huge concern for us in addition to the political issues," Merkel said.
Persons: Angela Merkel, Elon Musk, Donald Trump, Der Spiegel, Merkel, Musk, Tesla, Trump Organizations: Elon, SpaceX, of Government Efficiency
The results of the study, published Thursday in the journal Science, surprised whale researchers because they suggest the creatures can hear at much higher frequencies than expected. Scientists had never captured baleen whales and tested their hearing before because the animals are so large it could be dangerous to both the whales and researchers. Scientists know, from recordings and other observations, that baleen whales rely on hearing for social communication and that it’s important to their survival. Minke whales were a good target for audio testing because they’re the smallest baleen whale and a species whose hearing scientists don’t understand very well. He said the Minke Whale Hearing Project is on hold, but he’d like to pursue the topic further if he could secure funding.
Persons: , Dorian Houser, , Susan Parks, , that’s, ” Houser, ” Parks, Houser, Regina Asmutis, Silvia, ” Asmutis, Asmutis, Brandon Southall, ” Southall, Southall Organizations: Marine Mammal Foundation, Mammal, Syracuse University, Conservation, Locations: Norway, New York, Norwegian, Lofoten, North America
WASHINGTON — The Supreme Court could further weaken the power of federal agencies by agreeing on Friday to hear a dispute over a Federal Communications Commission program that requires companies to subsidize telecommunications services in underserved areas. The FCC case raises two interlinked issues, one of which concerns the broad question of whether Congress exceeded its powers. The FCC turned to the Supreme Court after the New Orleans-based 5th U.S. The Supreme Court earlier this year issued a series of rulings against federal agencies, including one overturning a 40-year-old precedent that gave leeway to agencies to interpret laws written ambiguously. Three of them serve on the Supreme Court.
Persons: WASHINGTON —, Andrew Oldham, Donald Trump's Organizations: Federal Communications Commission, FCC, Consumers, Research, Universal Service Fund, Universal Service Administrative Company, New, Circuit, Conservative, Oldham, Trump Locations: New Orleans
The Texas Board of Education narrowly voted Friday to allow Bible-based curriculum in elementary schools. Greg Abbott has voiced support for the lesson plans, which were provided by the state’s education agency that oversees the more than 5 million students in Texas public schools. Staci Childs, who is an attorney and a Democrat who voted against the Bible curriculum at Friday's hearing, said she believes it will be challenged in court. The new Texas curriculum follows Republican-led efforts in neighboring states to give religion more of a presence in public schools. The Texas Education Agency, which oversees public education for students statewide, created its instruction materials after a law passed in 2023 by the GOP-controlled Legislature required the agency to do so.
Persons: Greg Abbott, Staci Childs, Matthew Patrick Shaw, , Mary Castle Organizations: Texas, of Education, Texas State, Republicans, Republican Gov, Republican, Vanderbilt University, The Texas Education Agency, GOP Locations: Texas, Oklahoma, Louisiana
A recent Israeli airstrike in Syria killed a senior Hezbollah commander who helped plan one of the boldest and most sophisticated attacks against American troops during the Iraq War, according to a senior U.S. defense official. Ali Mussa Daqduq had been captured by U.S. forces following the 2007 raid in which militants posing as an American security team killed five U.S. soldiers. It was not immediately clear when the strike took place, where in Syria or whether it targeted Daqduq specifically, the senior defense official said. The elaborate raid Daqduq helped plan was carried out at a U.S.-Iraqi military complex in Karbala on Jan. 20, 2007. The facility was part of a series of compounds known as Joint Security Stations in Iraq, where U.S. troops lived and worked with the Iraqi police and soldiers.
Persons: Ali Mussa Daqduq, Daqduq, Jacob Noel Fritz, Brian Scott Freeman, Shawn Patrick, Johnathan Bryan Chism, Johnathon Miles Millican Organizations: Pentagon, Security, Provisional Joint Coordination Center, Spc, Force, country's Revolutionary Guard, Quds Force, U.S Locations: Syria, Iraq, U.S, American, Iraqi, Karbala, Jan, Iran
WASHINGTON — Former Rep. Matt Gaetz, R-Fla., said Friday that he doesn't plan to rejoin Congress after he withdrew his name from consideration to be President-elect Donald Trump's attorney general amid sexual misconduct allegations. "I'm still going to be in the fight, but it's going to be from a new perch. I do not intend to join the 119th Congress," Gaetz said in an interview with conservative commentator Charlie Kirk. "I’m going to be doing whatever he asks of me, as I always have. The Department of Justice had also been investigating Gaetz on sex trafficking allegations, but chose not to pursue charges against him.
Persons: Matt Gaetz, Donald Trump's, I'm, Gaetz, Charlie Kirk, , I’ve, President Trump, ” Gaetz, Trump that’s, Kirk, Kevin McCarthy Organizations: WASHINGTON, Congress, 119th, United States Congress, NBC, Florida Republican, Gaetz, of Justice, Trump, U.S . House, House Republican Conference Locations: Northwest Florida, Florida
Under the Rome statute that created the ICC, its signatories are obliged to carry out arrest warrants, no matter the rank of the accused. Mohammed Deif was accused of crimes against humanity and war crimes, including for his role as a mastermind of Oct. 7. Some European countries have not said whether they would arrest Netanyahu if he visited, including a number of Israeli allies. ​Britain respects the independence of the ICC, Prime Minister Keir Starmer’s spokesperson said, but did not say whether Britain would arrest Netanyahu. Netanyahu and the other two Israelis facing the arrest warrants join a group that includes Russian President Vladimir Putin, who has been subject to an ICC arrest warrant over alleged war crimes in Ukraine since last year.
Persons: Benjamin Netanyahu, , Yoav Gallant, Mohammed Deif —, Netanyahu, Viktor Orbán, Hungary, , Joe Biden’s, , Gallant, Mohammed Deif, Keir Starmer’s, Petr Fiala, Alexander Schallenberg, Omar Al, Israel, Pope Francis, Vladimir Putin Organizations: Israeli, U.S, Criminal Court, Government Press, AFP, Getty, ICC, World Health Organization, Austrian, International Court of Justice Locations: Gaza, Ireland, Netherlands, Hungary, U.S, Tel Aviv, The Hague, Rome, Israel, Britain, France, Paris, Sweden, Norway, Czech, Austrian, Gaza City, AFP, South Africa, Ukraine
Here are eight health claims — with little or no scientific evidence to back them up — that Oz made over the years. Green coffee extract, the ‘magic weight loss cure’In 2014, Oz went to Washington to seek help fighting internet marketers who were using his name and image to sell weight loss products. Senators provided several examples from Oz’s own show, but much of the hearing focused on his claims about green coffee bean extract. The BMJ study from 2014 found that the majority of Oz’s health recommendations touched on nutrition and dietary advice. (The research shows no evidence that HCG is an effective weight loss tool.)
Persons: Donald Trump, Mehmet Oz, , he’s, Trump, Oz, Melania Trump, Kedric Payne, Richard Besser, Robert Wood Johnson, ” Besser, Dr, Besser, ” Karoline Leavitt, Vance, “ Dr, Trump’s, it’s, , Sen, Claire McCaskill, ” McCaskill, , Joe Vinson, Bryan Burnham, Harriet Hall, kaempferol, , Tim Sullivan, ” Sullivan, ” Oz, “ Life’s Organizations: Medicare, Medicaid Services, CMS, Robert Wood Johnson Foundation, U.S . Centers for Disease Control, NBC News, Federal Trade Commission, Washington Post, YouTube, Vox, The Washington Post, National Institutes of Health, Nutrition, Cancer, Drug Administration, FDA, CBS News, Business Locations: Washington, U.S, New Jersey
When we asked CNN readers for their questions about the incoming Trump 2.0 administration, we got a lot of nervous and scared feedback. AshleyPresidents have wide authority to declare a national emergency. Trump declared a national emergency when he was president the first time in order to unlock border wall funding that Congress refused to give him. Some states with Republican governors have already deployed National Guard troops to the border. Read more answered questions on Trump here.
Persons: Donald Trump’s, Ashley, Trump, Joe Biden, Read Organizations: CNN, Trump, Security, Ashley Presidents, National Guard
The Kremlin said Friday that its attack using a new ballistic missile was a warning to Ukraine's "reckless" Western allies, the culmination of a week of escalating threats from President Vladimir Putin. The latest round of saber rattling from Putin and Kim has come during a week in which the war in Ukraine passed 1,000 days and with Washington preparing for a change in leadership. Still, Western officials and many analysts have sought to play down what they said was a clear effort to intimidate Kyiv and its backers. And a top official in U.S. ally South Korea shone new light on what Kim may be getting out of his Putin partnership. But the U.S. official said Russia would not be able to bully Ukraine, the U.S. or other countries helping Kyiv fend off invading Russian forces.
Persons: Vladimir Putin, Kim Jong Un, Putin, Kim, Dmitry Peskov, Russia can’t, Peskov, Volodymyr Zelenskyy, Shin Won, sik, Donald Trump, , Farah Dakhlallah, Biden Organizations: Washington, Russia, National Security, Emergency Service of, Getty, NATO, U.S Locations: Moscow, Pyongyang, North, U.S, Washington, Ukraine, Russia, Dnipro, Korea, North Korea, Sumy, Emergency Service of Ukraine, Anadolu
“Police officers must respect people’s civil and constitutional rights and treat people with dignity,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division in a statement on the report. “After an extensive review, we found that police officers in Trenton routinely failed to respect the Fourth Amendment rights of those who call Trenton home. Also, the report noted, since 2021, accusations of officer misconduct has cost the city more than $7 million to resolve lawsuits. “When police stop someone in Trenton, our investigation found that all too often they violated the constitutional rights of those they stopped, sometimes with tragic consequences. “Even prior to the USDOJ review, the City and the [Trenton Police Department] had already begun to change policies and practices that prioritize community safety, accountability, and respect for civil liberties.
Persons: , Kristen Clarke, ” ‘, stomped, Clarke, Philip R, Sellinger, Reed Gusciora, ” Gusciora, Organizations: Federal Department of Justice, Trenton Police Department, U.S . Constitution, U.S . Department of Justice, “ Police, Justice Department’s Civil Rights Division, Trenton, Justice Department, , U.S, District of, Trenton Mayor, Constitution, Internal Affairs, Department of Law, Public Safety, Department of Community Affairs Locations: Trenton , New Jersey, U.S ., Trenton, Trenton , NJ, District of New Jersey, City
“In this time, it’s extremely important that we bring the voices of Afghan women forward,” Yousafzai said in a Zoom interview with NBC News. (The militant group Tehreek-e-Taliban Pakistan, also known as the Pakistani Taliban, is a separate organization from the Taliban in Afghanistan, but a close ally.) “The Taliban are attempting to make women invisible, in a way,” said Yousafzai, who graduated from Oxford University in 2020. Mani, who also serves as a producer, said she was working on a different documentary in Afghanistan when the Taliban takeover happened. “We need women’s demands and rights to be on the agenda where the future of Afghanistan is being discussed and decided.
Persons: ’ eduction, , Sahra Mani, Sharifa Mowahedzada, Zahra Mohammadi, Taranom Seyedi, ” Yousafzai, , Yousafzai, Malala, Bryan Bedder, Laden, Donald Trump’s, Joe Biden, Mani, Jennifer Lawrence, Lawrence, Justine Ciarrocchi, ” Lawrence, coldheartedness, ” Mowahedzada, Zabihullah Mujahid, ” Fereshta Abbasi Organizations: Apple, NBC News, Oxford University, Al, U.S, United, Associated Press, Human Rights Watch, Human Rights, Malala Locations: Pakistan, Afghanistan, Swat, Taliban Pakistan, American, Al Qaeda, United Nations, Qatar, Western
North Carolina lawyer Katie Jenifer is trying to prepare one year’s worth of estrogen for her transgender daughter. If the Trump administration still allows trans people to change the gender marker on their passport, Greenesmith said, it might require them to provide proof of gender-reassignment surgery, putting gender-marker changes out of reach for the majority of trans people. There is no existing policy that would allow the government to require people to turn in “X” passports, for example. Katie Jenifer and her transgender daughter, Maddie, at the White House for a Pride Month celebration in June. If that were to happen, she could lose access to health care.
Persons: Ash Orr, Katie Jenifer, Belle, they’re, Donald Trump’s, Heron Greenesmith, ” Greenesmith, Trump, Greenesmith, , , ” Trump, Sasha Buchert, ” Buchert, Stefani Reynolds, I’ve, ” Orr, he’s, Finn Franklin, ” Franklin, “ I’m, ” Finn Franklin, Finn Franklin Franklin, He’s, Maddie, Jenifer, Katie Jenifer Jenifer, ” Jenifer, Trevor, Orr, Bennett Kaspar, Williams, Aldita Gallardo, Gallardo, wasn’t, ” Gallardo, Dahlia Belle, she's, Belle “, ” Belle, it’s Organizations: NBC News, Transgender Law Center, , Medicare, State Department, Lambda Legal, Getty, Trans, , Rogue Community College, Oregon Health & Science University Hospital, Oregon Health, OHSU, Trump, White, Holler Health, Transformation Fund, Emergent, Transformation, U.S, House, Transgender, Society Locations: Virginia, Carolina, Oregon, Massachusetts, U.S, Morgantown , West Virginia, West, “ West Virginia, Grants Pass , Oregon, Washington , Oregon, California, Portland, . North Carolina, West Virginia, Los Angeles, Oakland , California, Louisiana, Birmingham , Alabama, Jacksonville , Florida, Portland , Oregon
The Summary Environmental organizations are preparing to push back against the incoming Trump administration. Environmental groups are already gearing up for legal fights and soliciting donations accordingly. Environmental groups are gearing up to push back against the incoming Trump administration, which they expect to make sweeping policy changes more quickly than was seen when Donald Trump took office in 2017. The first Trump administration took at least 74 actions seen as weakening environmental policy, according to a tracker from the nonpartisan Brookings Institution. A cadre of environmental groups filed suit, and the monument was fully restored by Biden in 2021.
Persons: Trump, pare, Donald Trump, Joe Biden’s, Sean Hannity, Doug Burgum, Chris Wright, , Brett Hartl, Trump’s, “ We’re, Andrew Wetzler, it’s, Biden, Jillian Blanchard, , ” Blanchard, Barack Obama, George Frey, Ethan Aumack, “ I’ll, ” Aumack, Wetzler, ” Wetzler Organizations: Biden, Infrastructure Investment, Jobs, Fox News, North Dakota Gov, Institution, Center for Biological, Natural Resources Defense Council, for Biological Diversity, Heritage Foundation, Good Government, Trust, Republican Party Locations: Southwest, Utah, Blanding , Utah, Arizona , Georgia, North Carolina, Washington
Tech billionaire Elon Musk, the owner of social media platform X, criticized proposed legislation in Australia that aims to ban social media for children under 16. The legislation, which was introduced in Parliament by Australia’s center-left government on Thursday, is among the world’s toughest on social media. Other countries have tried to impose limits on social media for children, including the United States which requires technology companies to obtain parental consent to collect data from children under 13. This is not the first time Musk has been publicly critical of the Australian government over tech regulation. At the time, Albanese called Musk an “arrogant billionaire who thinks he is above the law.”In September, Musk called the Australian government “fascists” over plans to crack down on misinformation online.
Persons: Elon Musk, , Anthony Albanese, Albanese, Musk Organizations: Tech, Facebook, Australian Locations: Australia, Australia’s, United States
The first emperor penguin found in Australia has been released after spending 20 days in the care of a wildlife expert, the Australian government said Friday. The bird, nicknamed Gus by its caretaker, was released from a vessel off the southern coast of Western Australia on Wednesday morning, according to the state’s Department of Biodiversity, Conservation and Attractions. The team initially weighed the penguin at about 50 pounds, only around half the weight of a healthy male. “Good luck, Gus,” Biddulph shouted with a smile after the penguin dived into the water and swam away from the vessel. Don’t stop for anyone.”It remains unknown how the bird ended up arriving in Australia from its icy Antarctic home.
Persons: Gus, Carol Biddulph, , ” Biddulph, Biddulph, Don’t Organizations: Western Australia, state’s Department of Biodiversity Locations: Australia, Western
The DEA concurred with most of the report’s recommendations but declined to comment. That employee was being paid by the DEA a percentage of the cash seized, the IG found, and had received tens of thousands of dollars over several years. In some cases, the DEA has seized money only to have judges order the government to return it. In 2020, NBC Los Angeles reported that $82,000 was seized by the DEA from an elderly man and his daughter in Pittsburgh. “It’s like I was mugged on the street.”USA Today reported in 2016 that, over a decade, the DEA seized more than $209 million in cash from at least 5,200 people at 15 busy airports.
Persons: General, Lisa Monaco, , Justice Department “ Organizations: Drug, Administration, Department’s Office, Task Force, Department, Justice Department, Institute for Justice, DEA, Transportation Security Administration, NBC News, Prosecutors, NBC, ” USA Locations: Cincinnati, New York, New Orleans, Columbus , Ohio, NBC Los Angeles, Pittsburgh
But what is the debt brake and why is it so contentious? Germany's debt brake, or 'Schuldenbremse,' is a fiscal rule that forms part of the German constitution. In some exceptional circumstances, the debt brake can be suspended — this happened for example during the Covid-19 pandemic. watch nowWhen the debt brake was first implemented, its advocates argued that it would ensure a sustainable, responsible approach to public finances and spending. Critics meanwhile, say the debt brake is too restrictive, and that it has hampered investment which is necessary for a successful future.
Persons: Olaf Scholz, John Macdougall, Christian Lindner, Scholz, Lindner, Philippa Sigl, CNBC's Annette Weisbach, Holger Schmieding, Carsten Brzeski Organizations: Bundestag, Afp, Getty, Former, Green, European Commission, CNBC, ING Locations: Germany, Russia, Ukraine
London CNN —The coronation of King Charles III and Queen Camilla held in May last year cost British taxpayers £72 million ($91 million), an amount some have labeled excessive. The £72 million spent on the coronation could have paid for 24 million free meals for schoolchildren in London, based on the city government’s current budget of £3.00 ($3.75) per meal. Some additional spending came from the Privy Purse, the monarch’s private source of income, a royal source told CNN. “Plans (for the coronation) were scaled back,” the royal source told CNN. The culture department, in its accounts, said it had underspent its budget on the coronation by £2.8 million ($3.5 million).
Persons: King Charles III, Queen Camilla, Queen Elizabeth II, Finnbarr Webster, , Graham Smith, Sovereign Grant —, Sovereign Grant, , Elizabeth II’s, Max Foster Organizations: London CNN, Department for Culture, Media, Sport, Home Office, Volunteers, Republic, CNN, Sovereign, CNN’s Royal Locations: United Kingdom, Weymouth , England, British, London, Lancaster, London’s Westminster
Microsoft President Brad Smith has urged Donald Trump to protect the US from Russian, Chinese, and Iranian cyber attacks. He said that Joe Biden's administration had made "tremendous progress" on the issue, but added that more steps were needed to dissuade and deter countries from "unleashing these cyber attacks." Smith's appeals come as the US faces an ongoing wave of cyber attacks that have targeted government agencies, election campaigns, and businesses. and in some cases even facilitated" such attacks, Smith told the FT. The review found that a Microsoft security breach by a Chinese-affiliated hacking group in 2023 was "preventable and should never have occurred."
Persons: Donald Trump, Cybersecurity, Smith, Brad Smith, Trump, Joe Biden's, Christopher Wray, cyberattacks, Satya Nadella Organizations: Microsoft, Financial Times, Cyber Safety Locations: Russia, China, Iran
AdvertisementMick Mulvaney said he doubts Musk can cut $2 trillion from the federal budget, per NYT. Mulvaney also told clients he doesn't think Musk will be around long enough to his cuts through. Musk and Ramaswamy outlined their cost-cutting plans in a recent opinion piece. Mick Mulvaney, President-elect Donald Trump's second chief of staff, doubts that Elon Musk will achieve his lofty goal of slashing $2 trillion from the federal budget, sources told the New York Times. Musk founded SpaceX with a goal of colonizing the Red Planet and wore an "Occupy Mars" shirt at a Trump rally in October.
Persons: Mick Mulvaney, Mulvaney, Ramaswamy, Donald Trump's, Elon, Musk, Elon Musk, Vivek Ramaswamy, doesn't, David Sacks, Palantir, Joe Lonsdale, he's, Cantor Fitzgerald, Howard Lutnick Organizations: New York Times, Actum, Times, SpaceX, Trump, Department of Government, Management, Street
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMartin Marietta CEO Ward Nye on impact of incoming administration on existing government investmentsWard Nye, Martin Marietta Chairman & CEO, joins 'Closing Bell Overtime' to talk government investing and what a new administration means for its business.
Persons: Martin Marietta, Ward Nye Organizations: Martin
Jr. is a lot smaller than between them and most of the people Trump or the Republicans are naming. Who would have thought Trump would name a pro-choice Health and Human Services secretary? I want an Operation Warp Speed — for everything. Operation Warp Speed to me was the one policy you simply could not deny that Donald Trump got right. That is the one policy Trump is razing to the ground and disowning, salting the earth over.
Persons: Matt Gaetz, Robert F, Kennedy Jr, Donald Trump’s, R.F.K ., Trump, Donald Trump Organizations: Department of Health, Human Services, R.F.K, Democrat, Democratic Party Locations: H.H.S
Hong Kong CNN —In the summer of 2018, when former President Donald Trump launched a trade war with Beijing, the Chinese economy was riding high. There was even talk it could soon overtake the United States as the world’s largest. But last year, Mexico overtook China as the top exporter of goods into the United States, according to the Commerce Department. China had held that perch for 20 years before its exports to the United States fell by 20% to $427 billion last year. Women walk at a fashion accessories store displaying a poster to promote Singles' Day discounts at a shopping mall in Beijing, China, on November 11, 2024.
Persons: Donald Trump, Trump, , Dexter Roberts, Joe Biden, Matthews, Wang Shouwen, ” Andy Rothman, , Liza Tobin, Calvin Klein, Tommy Hilfiger, Beijing’s, don’t, Sean Callow, Callow, Andy Wong, Rothman, Xi Jinping, Larry Hu Organizations: Hong Kong CNN —, Trump, Atlantic Council, Commerce Department, Matthews Asia, Treasury, CNN, PVH Corp, Bain & Company, ITC Markets, US, Peterson Institute, National Bureau of Statistics, Gross, Macquarie Bank Locations: China, Hong Kong, Beijing, United States, Mexico, Lianyungang, US, Xinjiang, , Shanghai, New York,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow SpaceX, Tesla, xAI and X may benefit from Elon Musk's position as head of government efficiencyAs head of the Department of Government Efficiency, Elon Musk has promised to slash $2 trillion from the federal budget. One way he's suggested doing this is by consolidating some of the country's over 400 federal agencies, many of which regulate his companies.
Persons: Elon Musk, he's Organizations: Tesla, Elon Musk's, Department of Government Efficiency
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