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☆ Elon Musk endorses Trump's transition co-chair Howard Lutnick for Treasury secretary
▼ + stars: | 2024-11-16 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

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

☆ Elon Musk throws his weight behind Howard Lutnick over Scott Bessent for Treasury secretary
▼ + stars: | 2024-11-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

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

☆ Some of Trump's key cabinet picks provide clues to how his administration will approach the business world
▼ + stars: | 2024-11-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

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

☆ Elon Musk may already be overstaying his welcome in Trump’s orbit
▼ + stars: | 2024-11-13 | by ( Dasha Burns | David Ingram | ) www.cnbc.com time to read: +6 min

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

☆ Startups are ready to thrive under Trump, but some uncertainty remains in a key corner of the space
▼ + stars: | 2024-11-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

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 . What's on deck:Markets: The Wall Streeters advising Trump's transition team on key economic appointments . But regulators launched investigations and filed lawsuits against Big Tech during Trump's first term. News briefTop headlinesAdvertisement3 things in marketsChip Somodevilla/Getty Images; Getty; Rebecca Zisser/BIWho Trump is turning to on Wall Street for advice.

Persons: —, Drew Brees, Donald Trump's, Elon, Jenny Chang, Rodriguez, Donald Trump, Elon Musk, Trump, Samantha Stokes, Riddhi Kanetkar, Helen Li, Biden, Lina Khan's, Money, Chip Somodevilla, Meta's Mark Zuckerberg, JD Vance, Khan, Zuckerberg, Amazon's Jeff Bezos, OpenAI's Sam Altman, Somodevilla, Rebecca Zisser, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Blackstone, Steve Schwarzman, Charles Schwab, Herb Sutter, Ken Griffin's, Sutter, he's, Jordan Strauss, Elon Musk's, Reddit, Lebaredian, Chelsea Jia Feng, Kamala Harris, it's, Dan DeFrancesco, Grace Lett, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Super Bowl, Tech, Trump, Microsoft, Nvidia, Big Tech, Wall, Citadel Securities, White, BI, Google, Veterans, World Meteorological Organization Locations: States, Anthropic, Reddit's, New York City, State, Azerbaijan, New York, Chicago, London

☆ Elon Musk exerts deepening influence on Donald Trump’s presidential transition
▼ + stars: | 2024-11-10 | by ( Kaitlan Collins | ) edition.cnn.com time to read: +3 min

But the one person who has loomed over it all and has exerted a great deal of influence is Elon Musk, according to multiple sources. Trump put the call on speaker, and Zelensky thanked Musk for his help providing communications to Ukraine through the billionaire’s Starlink internet service. As of mid-October, Musk had donated nearly $119 million to a political action committee he set up to support Trump, according to Federal Election Commission filings. The day after the election, investors sent shares of Tesla up nearly 15%. That lifted the value of the 411 million shares that Musk owns outright by more than $15 billion and marked a two-year high for Tesla shares as a whole.

Persons: Donald Trump’s Mar, Elon, Trump, he’s, Musk, Volodymyr Zelensky, Zelensky, Sen, Rick Scott, Howard Lutnick, Cantor Fitzgerald, helms, CNN’s Tara John, Victoria Butenko, Nic Robertson, Kristen Holmes, Jeremy Herb, Kayla Tausche, Evan Perez, Chris Isidore, Jack Forrest Organizations: CNN, Trump, SpaceX, Tesla, Mar, GOP, Florida Republican Locations: Palm Beach , Florida, Ukraine, Florida

☆ Trump still hasn’t signed ethics agreement required for presidential transition
▼ + stars: | 2024-11-09 | by ( Betsy Klein | Alayna Treene | ) edition.cnn.com time to read: +6 min

As president, Trump repeatedly came under fire from ethics groups for potential conflicts of interest relating to his businesses and brands. A source familiar with the process acknowledged that details are still being worked out with the Biden administration regarding the ethics agreement, which is required by law under the Presidential Transition Act and which applies to all members of the transition team. Updates to that bill requiring the ethics pledge were introduced by Trump ally Sen. Ron Johnson, a Wisconsin Republican, and signed into law by Trump himself in March 2020. The Trump team ignored a pair of key preelection deadlines to unlock transition activities with the Biden administration’s General Services Administration and the White House. The ethics agreement was also due by October 1.

Persons: Donald Trump, Biden, Trump, Trump’s, Sen, Ron Johnson, Valerie Smith Boyd, Boyd, Max Stier, Joe Biden’s, Stier, ” Stier, ”, Jeff Zients, Howard Lutnick, Linda McMahon, Jamie Raskin, ” Raskin, George W, Al Gore’s, CNN’s Arlette Saenz, Fredreka Schouten Organizations: CNN, Trump, Wisconsin Republican, Truth, Biden, Services Administration, White, GSA, Center, Public Service, Public, “, Vance Locations: Wisconsin, Maryland, Florida

☆ The Wall Streeters whispering in Trump's ear
▼ + stars: | 2024-11-08 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

Trump's transition team is turning to Wall Street titans for advice on key economic appointments. Howard Lutnick, transition team co-chair and bank CEO, is turning to friends for advice. Wall Street is eager to have its opinion heard. AdvertisementTrump's transition team did not respond to Business Insider's request for comment. Here are some of the key players with Wall Street connections now offering advice to the Trump administration:

Persons: Howard Lutnick, Scott Bessent, Gary Cohn, John Paulson, —, Donald Trump, Cantor Fitzgerald, Lutnick, Trump Organizations: Wall Street titans, Service, Wall Street, Wall Locations: New York

☆ Tom Lee says bitcoin could hit six figures before year-end
▼ + stars: | 2024-11-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin is just getting started after its postelection rally, according to Fundstrat's Tom Lee, and is still on track to hit six figures by the end of the year. "I think because [it's] post-halving and now bitcoin is becoming a lot more relevant ... the regulatory overhang is diminishing — that there's a lot of upside from here." The flagship cryptocurrency climbed to fresh records this week after President-elect Donald Trump' s victory, which was widely anticipated as a bullish catalyst for the crypto industry at large. During Trump's campaign for reelection he promised the crypto industry a more favorable regulatory environment that would include appointing a more crypto-friendly leader to chair the Securities and Exchange Commission. Bitcoin is up 79% this year, compared with the S & P 500's 25% gain.

Persons: Bitcoin, Tom Lee, Donald Trump, It's, Lee, JD Vance, Vivek Ramaswamy, Cantor Fitzgerald, Howard Lutnick, Robert Kennedy Jr, it's, Sen, Elizabeth Warren, Biden, Gary Gensler Organizations: Treasury, Securities and Exchange Commission, SEC

If chosen, Wiles would become the first female White House chief of staff in history. “The team of rivals concept did not apply here.”"Susie is as good as they get," a second Trump campaign official said. A third Trump campaign official said Wiles is already playing the de-facto chief of staff role and that staffers widely want her to get the job. “She would be everybody’s number one pick, but it’s his decision,” the first campaign official said. Other names actively under consideration for the White House chief of staff role include Brooke Rollins, a former top White House aide to Trump who now leads the Trump-aligned America First Policy Institute, and former House Majority Leader Kevin McCarthy.

Persons: Donald Trump’s, Susie Wiles, Wiles, ”, Susie, She'd, Trump, “, I’m, Trump's, Cantor Fitzgerald, Howard Lutnick, Linda McMahon, Pat Summerall, they’ve, ” Trump, Matt Gaetz, Lutnick, Butler , Pennsylvania —, McMahon, Brooke Rollins, Kevin McCarthy, Rollins, McCarthy Organizations: White, Trump, NBC, Democratic, White House, Policy Institute, Fox News Locations: Thurday, American, Florida, Butler , Pennsylvania

☆ How Elon Musk stands to cash in on Trump's presidential victory
▼ + stars: | 2024-11-07 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +10 min

Jim Watson | Afp | Getty ImagesAs Donald Trump celebrated his presidential victory early Wednesday morning, Elon Musk was right there with him. Elon," Trump said onstage at his Mar-a-Lago resort, thanking the world's richest person for spending two weeks campaigning in Pennsylvania. Musk's investment in Trump is already paying off, even though Trump doesn't take office until Jan. 20. Musk was introduced by Cantor Fitzgerald CEO Howard Lutnick, who called the Tesla CEO the "greatest capitalist" in U.S. history. Having a role in a bespoke commission could give Musk power over federal agencies' budgets, staffing and the ability to push for the elimination of inconvenient regulations.

Persons: Elon Musk, Donald Trump, Jim Watson, Elon, Trump, Musk's SpaceX, Musk, surrogates, Tony, Cantor Fitzgerald, Howard Lutnick, Lutnick, Biden, Tesla, Sergio Flores, Geoff Orazem, Orazem, Vladimir Putin, Xi Jinping, Bill Nelson, Putin, Tenet, JD Vance Organizations: Republican, Afp, Getty, Trump, U.S, Tesla, SpaceX, Twitter, Department of Government, SEC, Environmental Protection Agency, Federal Aviation Administration, IRS, Microsoft, Meta, U.S . Army, National Security Agency, FedScout, NASA, U.S . Air Force, Space Force, Federal Emergency Management Agency, National Labor Relations Board, Street Journal, NBC News, Tenet Media, Department of Justice, Putin, Kremlin, PAC Locations: Butler , Pennsylvania, Lago, Pennsylvania, China, Hurricane, New, Puerto Rico, Meta, U.S, Taiwan, Russian, Ukraine

☆ Battles from the Mar-a-Lago patio: How Trump’s staffing has already turned into a war
▼ + stars: | 2024-11-07 | by ( Kaitlan Collins | ) edition.cnn.com time to read: +3 min

Those hushed discussions have now morphed into an all-out battle that is playing out directly from the patio of Trump’s Mar-a-Lago Club in Palm Beach, Florida. And one of the biggest battles that emerged – over chief of staff – has since been resolved. Trump on Thursday named his campaign manager Susie Wiles to the role, touting her as the first woman to hold it. But that contest had previously boiled down to two names: Wiles and Brooke Rollins, who served in Trump’s first term and runs the America First Policy Institute. Occasionally over the past few months, Trump floated names as possible administration picks, but he would not engage further.

Persons: Donald Trump, Robert F, Kennedy Jr, Donald Trump Jr, Tulsi Gabbard, Tom Barrack, Howard Lutnick, Linda McMahon, Trump, Elise Stefanik, –, Susie Wiles, Wiles, Brooke Rollins, Rollins, Priebus, it’s, he’s, Steve Contorno, Kaanita Iyer, Kristen Holmes, Jeremy Herb, Kayla Tausche, Evan Perez Organizations: CNN, Trump, Lago, Lutnick, New York Republican, GOP, United Nations, Policy Institute Locations: Trump’s, Palm Beach , Florida, Florida, Trump

☆ Trump, surrounded by pro-crypto advisors, signals a 'step change' for the industry, says Galaxy's Novogratz
▼ + stars: | 2024-11-06 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

It's the dawn of a new day for the crypto industry with Donald Trump now the president-elect of the United States, said Galaxy Digital's Michael Novogratz, calling out the numerous crypto advocates that have advised him. "We've got a Congress that is moving our way, we've got a president that's moving our way, and so for Galaxy and the crypto industry, that couldn't be more optimistic," he said on CNBC's "Squawk Box" Wednesday morning. "Those three positions, with someone who's open minded to crypto … changes everything," he said. And all of a sudden we'll start seeing decentralized systems launched and work so this is really a step change." The shift won't happen overnight, Novogratz warned, but as Trump starts to appoint people into various positions of leadership there will be "a substantial shift in the energy of this industry."

Persons: Donald Trump, Michael Novogratz, We've, we've, that's, Novogratz, Joe Biden, Trump, JD Vance, Peter Thiel, Howard Lutnick, Cantor Fitzgerald, Sen, Elizabeth Warren, Biden, Gary Gensler Organizations: Galaxy, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Street, Bank of New, Silicon, SEC Locations: United States, U.S, Bank of New York

☆ Trump claims presidential win. Here is what he promised the crypto industry ahead of the election
▼ + stars: | 2024-11-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

Former President Donald Trump arrives for his campaign rally at the Trump National Doral Golf Club in Doral, Florida, on July 9, 2024. Getting that money required him to make big promises pertaining to the crypto industry. "For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin," Trump said during his keynote speech. Trump pledged to maintain the current level of bitcoin holdings that the U.S. has amassed from seizing assets from financial criminals. "On day one, I will fire Gary Gensler," Trump said, referencing the Joe Biden-appointed SEC chairman who has taken an aggressive approach to crypto regulation.

Persons: Donald Trump, Joe Raedle, Elon Musk, Robert F, Kennedy, Jr, Cantor Fitzgerald, Howard Lutnick, Trump, MicroStrategy, Gary Gensler, Joe Biden, Gensler, Crypto, haven't, Sen, Elizabeth Warren, Bitcoin, Jerome Powell Organizations: Trump National Doral Golf Club, Getty, Republican, Strategic, White, U.S . Marshals Service, U.S . Securities, Exchange, SEC, Trump, Lago Club, Riot, Marathon Digital Holdings, Radical Communist, Federal Reserve Locations: Doral , Florida, Nashville, United States of America, Germany, America, Palm Beach , Florida, China, Russia, USA

☆ Trump’s second term will look nothing like his first
▼ + stars: | 2024-11-06 | by ( Kevin Liptak | Kaitlan Collins | ) edition.cnn.com time to read: +10 min

CNN —Donald Trump’s election victory will return him to the White House, but both his allies and detractors have made clear his second time around will look nothing like the first. Instead, Trump has found himself relying on people like Donald Trump Jr., Elon Musk and Susie Wiles throughout his third run for the White House. Elon Musk takes the stage during a campaign rally for Donald Trump at Madison Square Garden in New York City, on October 27, 2024. Anna Moneymaker/Getty ImagesRobert F. Kennedy Jr. attends a Donald Trump campaign rally at Macomb Community College in Warren, Michigan, on November 1, 2024. Attorney General William Barr listens to President Donald Trump speak at Mary D. Bradford High School in Kenosha, Wisconsin, on September 1, 2020.

Persons: Donald Trump’s, Trump, Kamala Harris, —, recriminations, They’ve, Ivanka Trump, Jared Kushner, surrogates, Kushner, Donald Trump Jr, Elon Musk, Susie Wiles, Donald Trump, Anna Moneymaker, Robert F, Kennedy Jr, Chip Somodevilla, Kennedy, Jr, Biden, Trump’s, He’s, hasn’t, Todd Blanche, Emil Bove, Susan Necheles, Spencer Platt, he’s, Bill Barr, “, William Barr, Mary D, Mandel Ngan, Cantor Fitzgerald, Howard Lutnick, John McEntee, ” Trump, ” Organizations: CNN, White, Republican Party, Trump, White House, Madison, Macomb Community College, RFK, of Health, Human Services, FBI, GOP, Trump Republicans, Supreme, Manhattan Criminal, Justice Department, Bradford High School, Getty, Fox News Locations: New York City, Warren , Michigan, Washington, Kenosha , Wisconsin, AFP

The West WingOne of Trump’s most important picks will be his White House chief of staff. Karoline Leavitt, who was Trump’s campaign spokeswoman, is being considered as White House press secretary – a job that typically is the most public-facing position in the White House. National security postsTrump has suggested his national security team would be tasked with reassessing the United States’ posture toward Ukraine and Russia, China, Iran, and the simmering conflict in the Middle East. The debate over a renewed Trump’s “America First” agenda is expected to pit Republican national security hawks against the party’s isolationist wing. Secretary of state and national security adviser will be among the most hard-fought positions to stand at the forefront of those shifts.

Persons: Donald Trump’s, Trump, Howard Lutnick, Linda McMahon, John McEntee, Cliff Sims, Ross Werner, Goldman Sachs, Trump’s, John Kelly, Susie Wiles, Wiles, Russ Vought, Brooke Rollins, Bob Lighthizer, Karoline Leavitt, –, Musk, Robert F, Kennedy Jr, Elon Musk, helms, Kennedy, ”, Ken Paxton, Matt Whitaker, Jeff Sessions, Sen, Mike Lee of, of National Intelligence John Ratcliffe, Mark Paoletta, Kash Patel, Patel, Christopher Wray, James Comey, Jeffrey Jensen, Louis, Bill Barr, Jensen, Michael Flynn, Barr, Florida Sen, Marco Rubio, Tennessee Sen, Bill Hagerty, Richard Grenell, Grenell, ” Arkansas Sen, Tom Cotton, Keith Kellogg, Ratcliffe, Gina Haspel, Cotton, Mike Waltz, Mike Pompeo, Elise Stefanik, She’s, Morgan Ortagus, David Friedman, Kelly Craft, Scott Bessent, “ He’s, MAGA, he’s, Elon, Hank Paulson, George, Jay Clayton, Lighthizer, McMahon, Doug Burgum, flinch, Jamieson Greer, CNN’s Kevin Liptak, Alayna Treene, Hannah Rabinowitz, Kylie Atwood Organizations: CNN, Trump, White House, Heritage Foundation, White, Pentagon, West, America, Policy Institute, RFK Jr, SpaceX, Senate, Republicans, PAC, Department of Health, Human Services, Environmental Protection Agency, Department of Agriculture, Justice and Homeland Security, of National Intelligence, Conservative, FBI, Republican, Central Intelligence Agency, CIA, New York Republican, House GOP, United Nations, UN, State Department, Soros, Goldman, George Bush’s, Department, Chinese Communist Party, Securities and Exchange Commission, Treasury, Commerce Department . North Dakota Gov, US Trade Locations: Trump, Central Park, Texas, Mike Lee of Utah, Beach, St, United States, Ukraine, Russia, China, Iran, Florida, Tennessee, Japan, Germany, ” Arkansas, Barr, UN

☆ What we know about the transition so far
▼ + stars: | 2024-11-06 | by ( Betsy Klein | ) edition.cnn.com time to read: +6 min

Representatives from Trump’s team met with federal agency transition planners last week to discuss “post-election readiness,” according to a White House official. GSA “is prepared to provide services to the Trump transition team once an MOU is executed and services are accepted,” a GSA spokesperson said. The federal transition coordinator, a White House spokesperson told CNN, is “actively working” with the president-elect’s transition team to complete its MOU. Trump’s transition team also has not met that deadline. The Agency Transition Directors Council, co-chaired by OMB deputy director Jason Miller and the GSA’s federal transition coordinator, Aimee Whiteman, began meeting monthly with career representatives from each agency.

Persons: Donald Trump, Biden, ” Max Stier, Stier, “ The, ”, Linda McMahon, Cantor Fitzgerald, Howard Lutnick, Harris, Jason Miller, Aimee Whiteman, Valerie Boyd, Barack Obama, Joe Biden, Obama, Trump, ” Trump Organizations: Washington CNN —, Trump’s, White, Public Service, CNN, “ The Biden, Trump, Office of Management, Budget, General Services Administration, Republican, Democratic Party, OMB, GSA, Small Business Administration, ”, House, Activity, Center, Partnership for Public Service

☆ Company executives are speaking out on Election Day: Starbucks' Howard Schultz calls for a peaceful transition of power
▼ + stars: | 2024-11-05 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +9 min

Business leaders are speaking out on Election Day — including Starbucks founder Howard Schultz. AdvertisementElection Day has finally come, and executives at some of the biggest companies are speaking out — with former Starbucks CEO Howard Schultz urging a peaceful transition of power and Elon Musk reiterating his support for Donald Trump to the end. Major players like Musk and Blackstone CEO Stephen Schwarzman have previously endorsed former President Trump. "Once every vote is counted and certified, we must accept the results of the election and ensure the peaceful transition of power," he said. In addition to re-posting several pro-Trump messages from other X users, Musk wrote a few election-related posts of his own.

Persons: Howard Schultz, Schultz, Elon Musk, Reid Hoffman, Harris, —, Donald Trump, Stephen Schwarzman, Trump, Mark Cuban, Kamala Harris, Insider's Bryan Metzger, he's, Howard Schultz Howard Schultz, Spencer Platt, Joe Biden, Hillary Clinton, Reid Hoffman Reid Hoffman, Kimberly White, Hoffman, " Hoffman, Marc Piasecki, Musk, Joe Scarborough, Vinod Khosla Vinod Khosla, Steven Ferdman, Vinod Khosla, Kamala, Khosla, Robert F, Kennedy Jr, Cantor Fitzgerald, Howard Lutnick Howard Lutnick, ANGELA WEISS, Howard Lutnick, Lutnick, Palmer Luckey Palmer Luckey, Oculus, Patrick T, Fallon, Palmer, Luckey, Walz, Andrew Bosworth, JOSH EDELSON, Getty Andrew Bosworth, Bosworth, Eli Lilly, Lockheed Martin, General Mills, Johnson Organizations: Starbucks, Trump, Service, Blackstone, Getty, LinkedIn, Greylock Partners, Liberty, SpaceX, Elon Musk Elon, Tesla, Pennsylvania, Billionaire, Sun Microsystems, Wall Street, Philadelphia Inquirer, Financial Times, Bloomberg, Anduril Industries, Meta, Big Tech, National Association of Manufacturers, General Motors, Penske, Panasonic Locations: Jerusalem, Fortnite, AFP

GOP senators and top aides say the race could go either way. Scott, who is a McConnell critic, has been more willing to fall in line with Trump than Cornyn or Thune over the last several years. Both Thune and Cornyn are closely politically aligned with the longtime GOP leader. Asked if he would like to get more public endorsements from GOP senators, Thune said he is not asking anyone to do that. They also point out his remarkable ascent – he defeated then-Senate Democratic Leader Tom Daschle in 2004 and is now on a path to possibly becoming GOP leader.

Persons: Mitch McConnell’s, Donald Trump, Sen, John Cornyn, John Thune, McConnell, Trump, Cornyn, Joe Rogan, ” Cornyn, Thune, they’ve, Howard Lutnick, Linda McMahon, Rick Scott, Scott, ” Scott, Laura Loomer, Markwayne Mullin, he’s, “ I’d, ” Mullin, Jonathan Ernst, “ There’s, ”, West Virginia Sen, Shelley Moore Capito, John Barrasso of, Barrasso, Cornyn’s, “, ” Thune, don’t, —, I’ve, MAGA, — Trump, ” Trump, Kristi Noem, Kristi, GOP Sen, Tim Scott of, Anna Moneymaker, Steve Daines, Thune’s, Tom Daschle, Biden, Vance Organizations: CNN, GOP, Senate, Trump, Mar, Trump voters, ”, Republicans, U.S, Capitol, Johns, Republican, Thune, National Republican, Committee, “ Liberal, South Dakota Gov, RINO, U.S . Senate, South Dakota, New, Senate GOP, Democratic Locations: Reno , Nevada, Austin , Texas, Texas, Lago, Washington, Florida, Washington , U.S, West Virginia, John Barrasso of Wyoming, United States, South Dakota, U.S, South, “, Tim Scott of South Carolina, New Hampshire, Washington , DC, Montana, Michigan , Indiana , Nevada

Kennedy, who ran for president as an independent this year before dropping his bid and endorsing Trump, has long spread conspiracies and falsehoods about vaccines and other public health matters. Asked Sunday whether banning certain vaccines would be an option during a second term, the former president didn’t rule it out. “Well I’m going to talk to [Kennedy] and talk to other people, and I’ll make a decision, but he’s a very talented guy and has strong views,” Trump said. Robert F. Kennedy Jr., a vaccine skeptic, could be poised to play a central role in health if Trump is re-elected, according to NBC reporting. “You know, it’s possible.”Major public health groups support water fluoridation, and health groups also emphasize that the practice is safe.

Persons: Donald Trump, Robert F, Kennedy Jr, Kennedy, Trump, didn’t, ” Trump, Rebecca Noble, “, ”, Howard Lutnick, Joe Rogan, Ohio Sen, JD Vance, Trump’s Organizations: NBC, NBC News, Trump Locations: Arizona, Ohio

"He can do anything he wants," Trump said. The CDC has routinely said that the worst side effects from Covid vaccines are not worse than the potential effects of the Covid virus. And, Covid vaccines do not increase the risk of death, while the Covid virus does. In August, he suspended his own independent presidential campaign and endorsed Trump. “The only thing President Trump and his campaign team are focused on is winning on November 5th," Trump campaign senior adviser Jason Miller said in a statement Friday.

Persons: Donald Trump, Robert F, Kennedy Jr, —, Tucker Carlson, Kennedy, Trump, “, Carlson, Joe Rogan, Vance, he'd, I’ve, I’m, he's, Tulsi Gabbard, Howard Lutnick, Lutnick, Bobby Kennedy Jr, Karoline Leavitt, Jason Miller, Bobby Kennedy, ” Organizations: Fox News, Trump, Covid, Centers for Disease Control, CDC, NBC News, Food, Democratic, Department of Health, Human Services, Department of Agriculture, CNN, National Institutes of Health, NBC, RFK Locations: Arizona

On the campaign trail, both Trump and Kennedy have pitched a “Make America Healthy Again” movement. However, he wasn’t sure how Warp Speed would apply to childhood chronic diseases — or in what way Kennedy would be helpful. If the plan goes forward, Kennedy’s mandate would be an “all-of-government-project” and allow him to marshall resources from all of these agencies for childhood chronic disease. What’s still to be determined, Altman said, is how much — if any — authority the Warp Speed role would give Kennedy to command agencies such as the FDA or CDC. Trump transition co-chair Howard Lutnick also praised Kennedy in an interview with CNN Wednesday night, and questioned whether vaccines are actually safe.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, Paul Offit, denialism, ” Offit, Robert Redfield, John ., ” Redfield, ” Trump, Karoline Leavitt, He’ll, ” That’s, marshall, —, “, ”, Drew Altman, What’s, Altman, ” Altman, Eric Hargan, Robert Redfield –, Redfield, Howard Lutnick, Sidney Miller, Russell Brand, Brand Organizations: Centers for Disease Control, Trump, Children’s Hospital of Philadelphia, NBC News, RFK, Department of Health, Human Services, CDC, Food and Drug Administration, National Institutes of Health, Department of Agriculture, HHS, Senate, FDA, CNN, Addiction Locations: U.S, Sidney Miller of Texas

☆ Howard Lutnick: Trump transition team co-chair endorses Kennedy anti-vax theories and says he would be able to access health data
▼ + stars: | 2024-10-31 | by ( Shania Shelton | ) edition.cnn.com time to read: +4 min

Lutnick also said tech entrepreneur Elon Musk would “help” rather than serve in the government if Trump wins. Lutnick could hold serious sway over which prospective candidates get in front of Trump as they vie for key positions in the federal government. Kennedy on Monday told supporters that Trump has promised to give him sweeping power over multiple agencies if the former president wins the election. Trump has previously told CNN he would consider appointing Kennedy to a role in a potential second administration. Kennedy serves on Trump’s transition team and has been campaigning as a surrogate for him in key battleground states since exiting the presidential race.

Persons: Vance, Robert F, Kennedy Jr, Trump, Donald Trump, CNN’s Kaitlan Collins, ” Howard Lutnick, Kennedy, “, Lutnick, Elon Musk, ” Lutnick, “ Let’s, Bobby Kennedy’s, ” Kennedy, Collins, “ He’s, CNN’s Zachary B, Wolf, Aaron Pellish Organizations: CNN, Trump, Department of Health, Human Services, HHS, FDA, Monday, CDC, Centers, Disease Control, Food, Drug Administration, National Institutes of Health, USDA, Department of Agriculture, SpaceX, Tesla Locations: United States

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