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This 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. Individual stocks sway indexesOn Monday, the S&P 500 rose 0.4% and the Nadaq Composite added 0.6%, mostly spurred higher by Tesla . Shares of Goldman Sachs and Salesforce fell, causing the Dow Jones Industrial Average to drop 0.1%. Autonomous vehicles on the agendaTesla shares jumped 5.6% after it was reported that President-elect Donald Trump's incoming administration plans to draw up a federal framework that will regulate self-driving vehicles.
Persons: Goldman Sachs, Salesforce, Donald, Howard Marks, Goldman Organizations: CNBC, Tesla, Dow Jones, China's CSI, Nasdaq, BDO, Vice, JPMorgan, UBS Locations: Asia, Pacific, Hong Kong, China China, China
At the time, she said, a doctor told her: “The only option for Derek is a face transplant.”Derek Pfaff with his mother, Lisa, before his face transplant procedure. Mayo ClinicPfaff, 30, is now one of just several dozen people in the world who have successfully received a life-changing face transplant. Among them are Aaron James, who received the world’s first whole-eye and partial face transplant, and Katie Stubblefield, who was the youngest person to receive a face transplant in the United States. Before his face transplant surgery, Derek Pfaff was missing several parts of his face. You are restoring, bringing in fully formed facial parts.”Dr. Samir Mardini led the medical team that performed Pfaff's face transplant in February.
Persons: CNN — Derek Pfaff, , , Pfaff, Jerry Pfaff, Derek Pfaff, Lisa Pfaff, Derek, ” Derek Pfaff, Lisa, Mayo Clinic Pfaff, Aaron James, Katie Stubblefield, “ There’ve, Samir Mardini, Mayo, Mardini, – they’re, it’s, ” Mardini, Dr, ’ Pfaff, , ” Pfaff, Sanjay Gupta, Lisa’s, ” Lisa, “ We’re Organizations: Lifeline, CNN, International Association for Suicide Prevention, Befrienders, Mayo Clinic, World Health Organization, US Centers for Disease Control, CNN Health, Detroit Lions football Locations: Harbor Beach , Michigan, United States, Rochester , Minnesota, Mayo
U.S. President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, D.C., on Nov. 13, 2024. Congressional lawmakers will soon debate expiring tax breaks and new promises from President-elect Donald Trump. With a majority in the House of Representatives and Senate, Republican lawmakers can pass sweeping tax legislation through "reconciliation," which bypasses the Senate filibuster. But choosing priorities could be difficult, particularly amid the federal budget deficit, policy experts said Tuesday at a Brookings Institution event in Washington. Legislators will be "representing their districts, not their party," Howard Gleckman, a senior fellow at the Urban-Brookings Tax Policy Center, said Tuesday in a panel discussion at the Brookings event.
Persons: Donald Trump, Howard Gleckman Organizations: Republicans, Hyatt, Washington , D.C, Congressional, Republican, Urban, Brookings Tax Policy Center, Finance Locations: Washington ,, Washington, Brookings
AdvertisementLast week, Trump was said to be deciding between two leading candidates for Treasury Secretary. Here are the top picks Trump is reportedly now considering for Secretary of the Treasury. Kevin WarshKevin Warsh, center, is rising as one of the candidates for Trump's Treasury Secretary. AdvertisementMarc RowanMarc Rowan isn't said to be actively lobbying for Treasury Secretary, but his aides have reportedly been in touch with the Trump administration. Drew Angerer/Getty ImagesBessent, 62, was one of the original frontrunners for Trump's Treasury Secretary.
Persons: Trump, Kevin Warsh, Marc Rowan, Donald Trump, Robert F, Kennedy Jr, Florida Sen, Marco Rubio, Janet Yellen, he's, it's, Kevin Warsh Kevin Warsh, Tasos Katopodis, Warsh, Morgan Stanley, George W . Bush, Axios, Jerome Powell, Marc Rowan Marc Rowan isn't, PETER, Getty Images Rowan, Rowan, Rowan isn't, Howard Lutnick Howard Lutnick, ANGELA WEISS, Cantor Fitzgerald, Lutnick, Linda McMahon, He's, Vance, Elon Musk, Musk, Scott Bessent Scott Bessent, Drew Angerer, Bessent, George Soros, Soros, Breitbart, Kamala Harris, Joe Biden's, MAGA Organizations: Treasury, White, Department of Health, Human Services, State Department, Trump, Street, New York Times, Trump's, Federal Reserve Board, Getty Images, Apollo Global Management, Apollo, Times, Bloomberg, Madison, Garden, AFP Lutnick, WWE, Hamptons, Apple, World Trade, Key, Capital Management, Reuters Locations: Florida, America, Lago
Rowan and Warsh shake up Treasury raceFew of the unfilled positions in Donald Trump’s cabinet are as important as Treasury secretary. Allies of two candidates, Howard Lutnick, the transition co-chair, and Scott Bessent, a top economic adviser, publicly stumped for them this weekend. Musk threw his support behind Lutnick over the weekend, calling Bessent “business as usual,” an especially cutting criticism in the Trump camp. Loeb backed Bessent, arguing that choosing Lutnick might rattle investors, including in the $28 trillion market for Treasury bonds and notes. That said, Bessent is also being floated for positions such as chair of the White House’s National Economic Council.
Persons: Rowan, Warsh, Donald Trump’s, cloudier, Howard Lutnick, Scott Bessent, Marc Rowan, Kevin Warsh, Elon Musk, Dan Loeb, Musk, Bessent, Trump, Loeb Organizations: Times, Apollo Global Management, Fed, Treasury, White, Economic Council
President-elect Donald Trump's flurry of announcements regarding Cabinet nominees has left investors with one unexpected headache: a suddenly cloudy picture of who will take the all-important position of Treasury secretary. One somewhat new name to emerge into the Treasury conversation is former Fed governor Kevin Warsh. However, the Wall Street Journal reported Sunday that Warsh also has emerged as potential Treasury contender. Yields took another leg higher on Monday amid the Treasury uncertainty. However, Fundstrat research chief Tom Lee said that once the Treasury nominee issue is settled, that should restore some market confidence.
Persons: Donald Trump's, Trump, Scott Bessent, Sen, Bill Haggerty, Howard Lutnick, Elon Musk, Powell, Stocks, Kevin Warsh, Jerome Powell, Warsh, Evercore, Tom Lee, Lee Organizations: Key Square Group, Federal Reserve, Treasury, Trump Trade, Trump, Wall Street
Dollar sitting pretty, yen bears wary of Bank of Japan hawks
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: +3 min
Yen bears were tense in case Bank of Japan Governor Kazuo Ueda used a speech later Monday to flag a possible rate hike in December, in part due to the weakness of the currency. Markets imply around a 55% chance of a quarter-point rate hike to 0.5% when the BOJ meets on Dec. 19. Against a basket of currencies the dollar held at 106.730, having touched a one-year top of 107.07 on Friday. The rally has coincided with a savage swing in 10-year Treasury yields, which have climbed 70 basis points since the start of October, fuelling a 5.4% rise in the U.S. dollar index . Analysts generally assume Trump's touted policies of tariffs, reduced immigration and debt-funded tax cuts will be inflationary, so limiting the scope for further rate cuts by the Federal Reserve.
Persons: Kazuo Ueda, Ueda, Donald Trump's, Katsunobu Kato, Jonas Goltermann, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent Organizations: Bank of Japan, U.S, Japanese Finance, Capital Economics, Trump, Federal Reserve, Central Bankers Locations: U.S, Japan, Canada
After announcing a swathe of names for his Cabinet, president-elect Donald Trump appears to be conducting auditions for his Treasury Secretary. AdvertisementHere's some of the best commentary we've seen about the race to be the next Treasury Secretary. Blowups somewhere are inevitable, and a Treasury secretary needs the experience to deal with the fallout in a way that reassures markets. There could now be a contest for Treasury Secretary where … the no1 job is reassuring the markets. In return he might be rewarded with the job of treasury secretary.
Persons: Donald Trump, Scott Bessent, Howard Lutnick, Marc Rowan, Kevin Warsh, Cantor Fitzgerald, Trump, Rowan, Apollo, Jay Powell, Warsh, Powell, hasn't, Kyle Bass, Mike Allen, You've, Ian Bremmer, Marco Rubio, Mike Waltz, Biden, Mr Lutnick, Mr Trump, … Mr Lutnick, , Mr Lutnick's, John Thune, Jeff Stein Organizations: Key Square Capital Management, Apollo Global Management, Federal Reserve, New York Times, The Times, Times, Hayman Capital Management, X, Trump's, Treasury, CNBC, Trump, Fed, White, National Economic Council, Eurasia Group, Bloomberg, The, The Washington Post Locations: X U.S, Eurasia, Washington, United States, The Washington
AdvertisementMen far outnumber women as news influencers on social media, per a new Pew Research Center study. That gender skew is showing up again in the latest platform for news: social media. That gender gap stands out for a few reasons:First, there's a much narrower gender divide (51% male and 46% female) among working US journalists, per a 2022 Pew survey. In Pew's analysis, there was a much smaller (and flipped) gender gap in the overall audience for news content on social media among young people. YouTube had the biggest gender gap, while TikTok's was minimalThe gender divide among news influencers was fairly consistent across all platforms in Pew's study.
Persons: Walter Cronkite, Edward R, Murrow, Mark Penn Pew, Izea, influencers, Donald Trump, JD Vance, Joe Rogan, Adin Ross, John Della Volpe, bro, Trump, Kamala Harris, Alex Cooper, Influencers, Nabela Noor, Chip Somodevilla, Harris, Howard Stern, Galen Stocking, TikTok's Organizations: Pew Research Center, Pew Research, Journalism, Pew, Harvard Kennedy School Institute of Politics, Democratic National Convention, Spotify, Apple, YouTube
The Trump transition team is compiling a list of senior current and former U.S. military officers who were directly involved in the withdrawal from Afghanistan and exploring whether they could be court-martialed for their involvement, according to a U.S. official and a person familiar with the plan. The Trump transition team did not immediately respond to a request for comment. Afghan applicants crowd into the Herat Kabul Internet cafe seeking help applying for the Special Immigrant Visas program in 2021 in Kabul, Afghanistan. It’s not clear the Trump administration would pursue treason charges, and instead could focus on lesser charges that highlight the officer’s involvement. A military transport plane launches while Afghans who cannot get into the airport to evacuate are stranded in Kabul, Afghanistan, in 2021.
Persons: , Matt Flynn, Paula Bronstein, Donald Trump, , Joe Biden, Biden, Pete Hegseth, ” Hegseth, Marcus Yam, capitulating, It’s, Trump, Howard Lutnick, George Floyd Organizations: Trump, U.S, U.S ., Biden, Fox News, Warriors, Pentagon, Kabul International Airport, Los Angeles Times, Getty, Islamic State, NBC, Democratic Locations: Afghanistan, U.S, Herat Kabul, Kabul, United States, Syria
CNN —Running back Ashton Jeanty continued his standout, historic season on Friday, setting a single-season school rushing record and helping No. 13 Boise State Broncos to a 42-21 win over San Jose State on Saturday. Such has been his consistency that Jeanty has recorded a 100+ yards game for the 10th consecutive game – a Mountain West Conference record. Currently, Boise State is 9-1 on the season, and 6-0 in Mountain West play. “All the past running backs are great and amazing but to keep the legacy and tradition going of running backs at Boise State is a big deal to me.”
Persons: Ashton Jeanty, Jeanty, Jay Ajayi’s, Pro Bowler Derrick Henry, , Spencer Danielson, ” Danielson, ” Ashton, Eakin Howard, Barry Sanders ’, Maddux Madsen, ” Jeanty, Organizations: CNN, Boise State Broncos, San, San Jose State, West Conference, University of Alabama, Pro, Boise State, Boise State's, Getty, Boise State’s, West, FBS, Broncos, UNLV, San Diego, Rebels, San Jose Locations: San Jose, Boise, San Diego State, San Jose State, Jeanty
AdvertisementMarc Farrell became Starbucks' youngest vice president at the age of 33. He left to launch his rum brand, Ten To One, which counts Howard Schultz as an investor. AdvertisementMarc Farrell left behind his role as Starbucks' youngest VP to launch his own rum brand. On the surface, a global coffee giant, and an up-and-coming rum brand don't seem to have much in common. Don't wait until the product is perfectAt Starbucks, Farrell was he was very well paid and great colleagues and mentors.
Persons: Marc Farrell, Farrell, Howard Schultz, Jack Sparrow, Marc, Kwesi Farrell, Gabrielle Wesley, Schultz, Ciara Organizations: Starbucks, Mars, Harvard Business, Michelin Locations: Trinidad and Tobago, Mars Wrigley, America, Caribbean, Seattle, Trinidad, Korean, New York City
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
On the right, familiar conspiracy theories about voting popularized by President-elect Donald Trump continued to circulate. NewsGuard said there was “no evidence” that Starlink was used to interfere with the presidential election in Trump’s favor. As the 2024 election results were reported, social media users on the left began to speculate about Musk’s role in vote counting. “Kamala Harris left us a breadcrumb,” one TikTok user said about the updated language on the fund’s website in a video that received over 700,000 views. CISA responded to this speculation on its website’s “Rumor vs. Reality” resource, where it has debunked election misinformation.
Persons: Donald Trump, Kamala Harris, Sam Howard, NewsGuard, Elon Musk’s, Starlink, Max Read, ” Read, , , denialism, ” NewsGuard’s Howard, ” Howard, Howard, Trump, weren’t, Musk, Joe Rogan, Theo Von, Harris, “ Starlink, Elon Musk, Jen, “ Kamala Harris, CISA Organizations: President, Facebook, NBC, Institute for Strategic, NBC News, Trump, Conservative, , Cybersecurity, Infrastructure Security Agency, Fund, Republicans, Street Journal, Democratic National, Harris, Democratic Party, FBI Locations: NewsGuard’s U.S, U.S, Wisconsin, Trump’s, Pennsylvania, California
Sean Antone, 19, Benjamin Brandenburg, 18, and Logan Clark, 19, were taken into custody a little over a week after the Salisbury Police Department announced the arrests of 12 Salisbury University students in the Oct. 15 assault. Antone was arrested by the Howard County Police Department on Nov. 7, authorities said in a news release. Brandenburg was arrested by Salisbury police on Wednesday, and Clark turned himself in to Salisbury police on Thursday. Police said they were contacted by university police on Oct. 31 about an alleged assault at an off-campus apartment complex for college-aged students. In a Nov. 7 letter, Salisbury University President Carolyn Ringer Lepre called the incident "an act of visceral hate" and said the fraternity was placed on suspension.
Persons: Sean Antone, Benjamin Brandenburg, Logan Clark, Antone, Brandenburg, Clark, Detectives, Carolyn Ringer Lepre, Steve Rakow, Riley Brister, Rakow, Ryder Baker, Bennan Aird, Cruz Cespedes, Dylan Earp, Elijah Johnson, Zachary Leinemann, Cameron Guy, Jacob Howard, Eric Sinclair, Patrick Gutierrez, Dylan Pietuszka, Lepre Organizations: Salisbury Police Department, Salisbury University, Howard County Police Department, Salisbury police, . Police, Police, Sigma Alpha Epsilon Locations: Maryland, Salisbury, Brandenburg
Elon Musk at the tenth Breakthrough Prize ceremony held at the Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California. On Saturday, Elon Musk shared who he is endorsing for Treasury secretary on X, a cabinet position President-elect Donald Trump has yet to announce his preference to fill. Musk wrote that Howard Lutnick, Trump-Vance transition co-chair and CEO and chairman of Cantor Fitzgerald, BGC Group and Newmark Group chairman, will "actually enact change." Lutnick and Key Square Group founder and CEO Scott Bessent are reportedly top picks to run the Treasury Department. Musk, CEO of Tesla and SpaceX, also included his thoughts on Bessent in his post on X.
Persons: Elon Musk, Donald Trump, Musk, Howard Lutnick, Vance, Cantor Fitzgerald, Scott Bessent Organizations: Academy Museum of Motion Pictures, Trump, Newmark Group, Key Square Group, Treasury Department . Musk, SpaceX Locations: Los Angeles , California
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
AdvertisementOne Starbucks customer has been working on visiting every Starbucks store since 1997. Later this month, a man named Winter plans to set foot in his 20,000th Starbucks store. AdvertisementAt the time, new Starbucks stores were popping up around the US, and Winter said he visited stores around Dallas as they opened. He logs each store visit in a Microsoft Access Database and on his website. Related storiesNot all Starbucks stores that Winter visits are as welcoming as that Houston location where he played chess with friends back in 1995.
Persons: Winter, I'm, Brian Niccol, Howard Schultz, he's, He's, Niccol, baristas Organizations: Starbucks, Business, Microsoft, Niccol Locations: Houston, Plano , Texas, Italy, Arkansas , Oklahoma, West Texas, China, Dallas, Japan, South Africa
Musk wrote on X that Cantor Fitzgerald chief executive Howard Lutnick would "actually enact change." Lutnick and Key Square Group founder Scott Bessent are leading contenders for the role. Elon Musk on Saturday said that Cantor Fitzgerald CEO Howard Lutnick would "actually enact change" should he be tapped as President-elect Donald Trump's Treasury secretary. Advertisement"My view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change," Musk wrote. My view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change.
Persons: Elon Musk, Musk, Cantor Fitzgerald, Howard Lutnick, Scott Bessent, Donald Trump's, Trump, Bessent, Republican Sen, Lindsey Graham of, Semafor, Graham, igGLZOJ8wz — Elon Organizations: Elon, Key Square, Group, Republican, Street Journal Locations: Lindsey Graham of South Carolina, South Carolina
The Summary Trump plans to tap Robert F. Kennedy Jr. to be his health and human services secretary. Kennedy has spread misinformation about vaccines, fluoride, raw milk and other topics. Kennedy has also referred to the Covid vaccine as “the deadliest vaccine ever made,” despite data showing it’s overwhelmingly safe. As many as 30 states allow raw milk to be sold, but the FDA regulates its sale across state lines. But Kennedy has cast doubt on those findings, claiming without evidence that the drugs were discredited because various groups stood to make money off Covid vaccines.
Persons: Trump, Robert F, Kennedy Jr, Kennedy, Donald Trump’s, ” Trump, Trump’s, Andrew Wakefield, “ I’m, , Howard Lutnick, glyphosate, hasn’t, haven’t, ivermectin, podcaster Joe Rogan, Elon Musk Organizations: NBC, Centers for Disease Control, FDA, National Institutes of Health, Medicare, Services, NBC News, Trump, CNN, CDC, European Union, International Agency for Research, Cancer, Environmental Protection Agency, American Academy of Pediatrics, National Cancer Institute
Then, less than six hours after giving birth, O’Neil was wheeled through the labor and delivery unit to go home. Racial disparities persist, she added; for Black people, the preterm birth rate is 1.5 times higher than the rate among all other babies. Many of the regions with high preterm birth rates are maternity care deserts, Williams said. The US cities with high preterm birth rates also are “areas where there are many chronic conditions and patients living with a greater number of things like hypertension, diabetes, obesity – those are all drivers of preterm birth as well,” Williams said. “Every pregnant woman who lives in a maternal health care desert should be provided with access to a health care app that is monitored by remote providers.
Persons: CNN —, , Ashley O’Neil, O’Neil, Jorge, , , Vinson, ” O’Neil, , Amanda Williams, Williams, ” Williams, Gilbert, ‘ We’re, Lori Tremmel Freeman, prematurity, We’re, ” Freeman, Amanda Shafton, ” Shafton, Telehealth, ’ O’Neil, Kolin, Ashley ONeil, I’ll, ’ ” Kolin, don’t, O’Neil’s, Dr, Sanjay Gupta Organizations: CNN, US Centers for Disease Control, Dimes, United, Detroit, Cleveland, Affordable, Medicaid, National Association of County, City Health, Hospitalist, , OB, CNN Health Locations: Maryland, , United States, Mobile , Alabama, Ramapo , New York, Irvine , California, Gilbert , Arizona, NICU, Kolin
Bill Ackman's Pershing Square doubled down on Nike and Brookfield in his concentrated portfolio last quarter. The high-profile investor boosted his investment in Nike drastically in the third quarter, making the bet worth $1.4 billion, according to a regulatory filing. The bet was only worth about $220 million at the end of June. Nike is in the midst of a broader restructuring after it shifted its strategy to sell directly to consumers. Pershing Square also boosted its bet on Brookfield last quarter to a stake worth $1.74 billion, making it the second biggest holding behind Alphabet.
Persons: Bill Ackman's, Elliott Hill, Howard Hughes Organizations: Bill Ackman's Pershing, Nike, Brookfield, Pershing, Microsoft, Brookfield Asset Management, Hilton Worldwide, Restaurant Brands, Canadian Pacific, Canadian Pacific Kansas City Locations: Canadian Pacific Kansas
Trump’s transition team includes close to 100 people, with some working at Mar-a-Lago and others at the campaign office in Palm Beach and in Washington. Andrew Harnik/Getty ImagesInside Trump’s transitionTrump’s transition effort had begun with relatively orthodox choices — including Wiles, who led Trump’s campaign, as chief of staff. Much like his defense secretary pick, Trump had also grown frustrated with his options for attorney general. The role of attorney general has long been viewed by Trump as one of, if not the, most important positions he would fill. CORRECTION: This story has been corrected to properly reflect the process by which Donald Trump considered candidates for attorney general.
Persons: Donald Trump’s, Pete Hegseth, Tulsi Gabbard, Matt Gaetz, , Trump, firebrands —, elect’s, MAGA, , , ” Trump, Joe Biden, Mike Johnson, South Dakota Sen, John Thune, Elon Musk, Tesla, he’d, strode, Chris Christie’s, Susie Wiles, Wiles, Donald Trump, Andrew Harnik, Monday Trump, Florida Sen, Marco Rubio, Gabbard, Steve Bannon, ” Bannon, Donald Trump Jr, Richard Grenell, Rubio, Tony Hinchcliffe denigrated, JD Vance, Vance, Brian Snyder, Department —, Kamala Harris, Mark Paoletta, Andrew Bailey, Justice Department —, Jeff Sessions, William Barr, Department’s, Kevin McCarthy, Todd Blanche, Blanche, Nathan Howard, Gaetz, McCarthy, ” Gaetz, Gaetz’s, “ We’re, ” Johnson, Trump’s, Alaska Sen, Lisa Murkowski, Justice Department . Maine Sen, Susan Collins, Texas Sen, John Cornyn, Thune, Sen, Mike Rounds, ” Rounds, Kaitlan Collins, Annie Grayer, Danya Gainor, Holmes Lybrand, Dana Bash, Haley Talbot, Jeremy Herb, Katie Bo Lillis, Ted Barrett, Manu Raju, Sarah Ferris, Pamela Brown Organizations: CNN, Fox News, Hawaii Democratic, Republican, , Wednesday, Washington, Hill, South, GOP, Elon, House Republicans, DC, SpaceX, Department of Government, Trump, New, New Jersey Gov, Mar, Hyatt, Monday, Democratic, Army National Guard, US Army Reserve, America, Florida Republican, Tony Hinchcliffe denigrated Puerto Ricans, State Department, Base Andrews, Reuters, Department, Justice Department, White House, Republicans, Capitol, U.S . Capitol, Senate, Justice Department ., Texas, South Dakota Republican Locations: Florida, Washington, South Dakota, Trump’s, New Jersey, Palm Beach, Washington ,, Syria, Russia, Tony Hinchcliffe denigrated Puerto, Madison, Maryland, U.S, Missouri, Manhattan, Trump, Alaska, Justice Department . Maine
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident-elect Donald Trump is quickly fleshing out his cabinet, giving a sense of what his second administration will look like. Now he's Trump's nominee for defense secretary. AdvertisementTreasury secretary — TBD: Trump's pick for his top economic advisor is being closely watched considering the key role the economy played in the election.
Persons: , Donald Trump, Trump, JD Vance, Let's, — Matt Gaetz, Kevin McCarthy, Gaetz, he's, he'd, Mike Johnson, He's, State — Marco Rubio, Rubio, Pete Hegseth, Slaven Vlasic, Hegseth, Hegseth's, Scott Bessent, Howard Lutnick, Cantor Fitzgerald, Bessent, Lutnick, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Trump, Republicans, Senate, Department, Justice, State, Fox News, Getty, Defense, Army Locations: Florida, Silicon, China, Taiwan, Ukraine, Russia, Poland, Israel, New York, Chicago, London
In a statement, Trump-Vance transition spokeswoman Karoline Leavitt said, "Elon Musk and President Trump are great friends and brilliant leaders working together to Make America Great Again. Elon Musk is a once in a generation business leader and our federal bureaucracy will certainly benefit from his ideas and efficiency." An adviser to Trump said that Elon Musk would join Trump in a meeting Wednesday with Republican lawmakers ahead of leadership elections. In posts on X in the past week, Musk has pushed various policy ideas including deporting immigrants and slashing government spending. On Sunday, one of Trump's grandchildren, Kai Trump, posted a photo on X of herself with Musk, writing that Musk was "achieving uncle status."
Persons: Elon Musk, Donald Trump, Vivek Ramaswamy, Musk, who've, they're, he's, Trump, Vance, Karoline Leavitt, Volodymyr Zelenskyy, Elon, pester Trump, Elon doesn't, Cantor Fitzgerald, Howard Lutnick, Kai Trump Organizations: Trump, Tech, SpaceX, Department of Government, America PAC, Mar, Ukrainian, Republican, PAC, West Palm Beach Locations: Butler , Pennsylvania, U.S, Beach , Florida, Pennsylvania, West Palm Beach, Mar, West Palm, Austin , Texas
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