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ISTANBUL (AP) — A year ago, a devastating 7.8 magnitude earthquake struck southern Turkey and northwestern Syria, causing widespread destruction and the loss of over 59,000 lives. Photos You Should See View All 45 ImagesThe disaster led to a massive international rescue and aid operation involving dozens of countries and organizations. The World Bank estimated the damage caused at $34.2 billion in Turkey and $5.1 billion in Syria. The East Anatolian fault system, where the disaster occurred, is near where the Anatolian, Arabian and African tectonic plates come together. The East Anatolian fault had last seen a quake of magnitude 7 or greater in 1822, when at least 10,000 were killed in Syria’s Aleppo.
Persons: Mehmet Ozhaseki, February’s, transgressors, Abby Sewell, Suzan Fraser Organizations: , Turkey's, Interior Ministry, United Nations, World Bank, Food Program, WFP, Associated Press Locations: ISTANBUL, Turkey, Syria, Turkey’s Kahramanmaras, Idlib, Aleppo, Istanbul, Elazig, Hatay, SYRIA, Brussels, Beirut, Ankara
ANKARA (Reuters) - Turkey on Saturday handed over keys to newly-completed homes to some of those left homeless after last year's devastating earthquake, one year after the country's deadliest disaster in its modern history. Powerful quakes on Feb. 6, 2023 in southern Turkey killed more than 50,000 people in 11 provinces and left millions homeless. Some 75,000 houses will be delivered over the next two months, Erdogan said, adding that the government planned to deliver a total of 200,000 houses this year. Around 680,000 homes were destroyed in the earthquake region, Urbanisation Minister Mehmet Ozhaseki told reporters on Friday, adding that 390,000 families are registered to receive houses to be built there. After the earthquakes, Erdogan promised 319,000 new homes by February 2024 and a total 680,000 a year later.
Persons: Tayyip Erdogan, Erdogan, Mehmet Ozhaseki, Huseyin Hayatsever, Alexandra Hudson Organizations: Saturday Locations: ANKARA, Turkey, Hatay, Israel, Gaza
Trump Casts Long Shadow Over Immigration Deal
  + stars: | 2024-01-22 | by ( Lauren Camera | Susan Milligan | Jan. | ) www.usnews.com   time to read: +9 min
The dynamic is particularly unpleasant for House Republicans, many of whom would much prefer the hard-line border security bill they passed last year on a party-line vote, known as H.R. Donald Trump, Donald Trump, Donald Trump," she said while campaigning in New Hampshire last week. Even GOP Sen. Lindsey Graham of South Carolina, who has taken pains to support Trump, has called for House Republicans to back the border deal. “To those who think that if President Trump wins, which I hope he does, that we can get a better deal – you won’t,” Graham recently told reporters. So if you think you’re going to get a better deal next time, in ’25, if President Trump’s president, Democrats will be expecting a pathway to citizenship for that,” he said.
Persons: Donald Trump, Ron DeSantis, he’d, , It’s, Chip Roy, , Roy, , Andy Biggs, Trump, Joe Biden, that’s, Christopher Devine, Devine, Senate – Arizona's Kari Lake, Pennsylvania's Mehmet Oz, Georgia's Herschel Walker –, parroted, Nikki Haley, Who, Sen, Lankford, Mitch McConnell, James Lankford, ” McConnell, GOP Sen, Lindsey Graham of, ” Graham, Trump’s, Mike Johnson, Organizations: Republicans ’, Senate, GOP, Republican, Florida Gov, House Republicans, Texas Republican, Arizona Republican, White, Republican Party, Democrat, House, Republicans, University of Dayton, Trump, Virginia, South Carolina Gov, United States Senate Locations: Ukraine, Israel, There’s, Texas, New Jersey, Washington, Virginia, Kentucky, Louisiana, state's, Down, Wisconsin, Trump's, Florida, New Hampshire, James Lankford of Oklahoma, Lindsey Graham of South Carolina,
What to watch on Election Day
  + stars: | 2023-11-07 | by ( Gregory Krieg | Arit John | Daniel Strauss | ) edition.cnn.com   time to read: +10 min
CNN —Abortion rights are on the ballot Tuesday as Americans head to the polls for state and local races that will set the stage for next year’s presidential election. (Both oppose abortion rights.) Abortion (literally) on the ballot in OhioThe 2022 midterm elections showed that when abortion rights are on the ballot, voters overwhelmingly favored protecting or expanding access. This is the only abortion rights ballot initiative before voters this year. Though not explicitly on the ballot, abortion has featured prominently in the campaign, with Beshear arguing that Cameron will double down on the commonwealth’s already harsh restrictions.
Persons: Roe, Wade, Tate Reeves, Democrat Brandon Presley, Reeves ’ foibles, Elvis Presley, , Former City Councilmember Cherelle Parker, Sheila Jackson Lee, Sen, John Whitmire, Gabe Amo, Republican Gerry Leonard, David Cicilline, Glenn Youngkin, Youngkin, He’s, he’s, what’s, don’t, hasn’t, Court’s Dobbs, Mike DeWine, , Andy Beshear, Daniel Cameron, Beshear, Cameron, John Fetterman, Mehmet Oz, Daniel McCaffery, Max Baer, Carolyn Carluccio, Brett Favre, Brandon Presley, Presley, Reeves Organizations: CNN, Democrats, Republicans, Court, Democrat, Republican Gov, Former City, Republican, Democratic, Rep, House, Virginia Gov, Senate, Delegates, PAC, Kentucky, Kentucky Kentucky Gov, GOP, Trump, Beshear, Black Republican, Pennsylvania Democrats, NFL, Mississippi Public, Black, Southern Democrats, Southern Democrat, NJ Democrats, New York GOP, New Jersey Legislature, New York City Council Locations: Kentucky , Pennsylvania, Virginia, Ohio, Ohio –, Mississippi, Pennsylvania, New Jersey, New York, Philadelphia, Houston, Rhode Island, state’s, Richmond, Kentucky Kentucky, Kentucky, Southern, Presley . Mississippi, NY, Gotham
However, as the head of the world’s largest hedge fund, McCormick oversaw massive investments into US exchange traded Chinese companies and holdings, according to a CNN KFile review of the hedge fund’s holdings. I held deep reservations about Bridgewater’s exposure to the moral and patriotic hazards of doing business in China,” McCormick said in September 2023 before officially launching his campaign. That amounts to a 108,000% increase in Chinese holdings over a five-year period. In 2017, Bridgewater reported investing in just one US exchange traded Chinese company; by the final quarter of 2021, its holdings included 47 Chinese companies. McCormick’s hedge fund also held an additional $779 million indirectly in Chinese companies through their investments in exchange traded funds.
Persons: David McCormick’s, McCormick, ” McCormick, Hugh Hewitt’s, CNN’s KFile, Bush, Mehmet Oz, Oz, Democrat John Fetterman, Bridgewater, Elizabeth Gregory, , he’s, Ray Dalio –, thievery ”, Organizations: New, New York CNN, US, CNN, CCP, Bridgewater Associates, US Securities and Exchange, Bridgewater, Republican Party, Republican, Democrat, Chinese Communist Party, US Commerce Department Locations: New York, Pennsylvania, hardliner, China, McCormick’s, United States, Xinjiang,
Sen. John Fetterman says it can be tough being away from his family. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementDemocratic Sen. John Fetterman says he understands how his colleague Sen. Mitt Romney can find parts of living and working in DC isolating. Fetterman told the publication that he still struggles with missing his family, even as he returns to his more unconventional roots inside the Capitol. Fetterman says it was never his goal to fully fit into the clubby mood that personifies much of official Washington.
Persons: Sen, John Fetterman, Fetterman, , Democratic Sen, Mitt Romney, Romney, he's, Mehmet Oz, Bob Menendez, Joe Manchin Organizations: Pennsylvania Democrat, Service, Democratic, Washington, Democrat, Navy Yard, Capitol, MLB's Washington Nationals, Senate, New, New Jersey Democrat Locations: New Jersey, West Virginia, Washington
[1/5] A new building for earthquake survivors is under construction in Diyarbakir, Turkey August 26, 2023. With work underway on a fraction of the planned new buildings in the devastated city of Adiyaman, Kaplan fears a long wait together with his disabled wife and other survivors. One senior government official with direct knowledge of the reconstruction plan said the target could be missed, citing insufficient fresh funding to hold new tenders amid rising costs. They both said the effort had taken a blow when fewer companies bid for the reconstruction tenders after a post-election economic policy U-turn in June sent the currency plunging. "Our budget resources have been prepared for this huge, comprehensive project and can be updated when necessary," Erdogan's office said.
Persons: Stringer, Ismet Kaplan, Tayyip Erdogan, Erdogan, Kaplan, Bayir, Adiyaman, Turkey's, Mehmet Ozhaseki, Arvid Tuerkner, Mert Arslanalp, Erdogan's, Arslanalp, Mehmet Simsek, Simsek, Tahir Tellioglu, Tellioglu, Umit, Ezgi Erkoyun, Nevzat Devranoglu, Jonathan Spicer, Frank Jack Daniel Our Organizations: REUTERS, Rights, Reuters, Union of Chambers of Turkish Engineers and Architects, Coordination Council, European Bank for Reconstruction, Erdogan's AK, Istanbul's Bogazici University, TAG, Construction, Thomson Locations: Diyarbakir, Turkey, Rights ISTANBUL, Adiyaman, Netherlands, Belgium, Syria, Hatay, Malatya, Gaziantep, Istanbul, Ankara
Dave McCormick struck an old "Issues" page from his website, including a section on abortion. He's mounting a second Senate bid in Pennsylvania as the GOP mulls a shift in abortion messaging. "Dave is staunchly pro-life and believes that life begins at conception," read the old "Issues" pages, according to the Internet Archive. "I do accept three exceptions... rape, incest, and the life of the mother," McCormick told attendees, according to the audio. A broader shift in abortion messagingMcCormick is launching his second campaign as party leaders and strategists mull a shift in messaging on abortion.
Persons: Dave McCormick, McCormick, , Dave, Mehmet Oz, Sen, Bob Casey, Elizabeth Gregory, hasn't, Gregory, Casey, Roe, Wade, @SenBobCasey, Ronald Reagan, Donald Trump, mull, Republican Sen, Kevin Cramer of North, David McCormick, Maddy McDaniel, It's Organizations: GOP, Service, Internet, Life, Bridgewater Associates, Trump, Democratic, NBC News, Republican, NBC, Republicans, Pennsylvania Democratic Party Locations: Pennsylvania, Washington , DC, Kevin Cramer of North Dakota
HARRISBURG, Pa. (AP) — Republican David McCormick is expected to announce Thursday that he will enter Pennsylvania's U.S. Senate race and make his second bid for the office, this time to take on Democratic Sen. Bob Casey after losing in last year’s crowded Republican primary. McCormick's aides have sent invites to a “special announcement” by McCormick at the Heinz History Center in Pittsburgh at 5 p.m. McCormick, 58, was heavily recruited to run again by the party establishment and, thus far, has a clear GOP primary field. He is a stalwart of Pennsylvania’s Democratic Party — the son of a former two-term governor and Pennsylvania's longest-ever serving Democrat in the Senate. McCormick, who grew up near Bloomsburg, is the son of Pennsylvania’s first state university system chancellor.
Persons: David McCormick, Democratic Sen, Bob Casey, McCormick's, McCormick, Casey, West Virginia —, Republican Sen, Pat Toomey, Donald Trump, Mehmet Oz, John Fettermanbeat Oz, , Joe Biden, Scranton . McCormick, Pennsylvania’s, George W, ___, Marc Levy Organizations: , Pennsylvania's, Senate, Democratic, Republican, Heinz, Center, Associated Press, White, West Virginia, Democratic Party —, Star, FreeMarkets, Bridgewater Associates, Twitter Locations: HARRISBURG, Pa, Pennsylvania's U.S, Pittsburgh, Pennsylvania, — Montana , Ohio, West, Pennsylvania's, Scranton ., Bloomsburg, Connecticut
"Obviously, he's a candidate who has completely united the grassroots," a national Republican strategist, speaking on condition of anonymity as he was not authorized to discuss the candidacy, said. In a background call with reporters, a McCormick campaign strategist said the candidate "will address" those concerns "head on and directly." And the McCormick campaign strategist said the candidate will enter the race with the support of each Republican member of Pennsylvania's congressional delegation. "Dave McCormick has done a remarkable job of unifying the grassroots in Pennsylvania," Montana Sen. Steve Daines, chairman of the National Republican Senatorial Committee, said in a statement. "His ability to unite both the grassroots and the establishment is extremely impressive," the national Republican strategist said.
Persons: Dave McCormick, Sen, Bob Casey, McCormick, Republican Mehmet Oz, I've, Doug Mastriano, he's, Casey, McCormick —, George W, , Oz, Donald Trump, Trump, Pat Toomey, John Fetterman, Fetterman, Mastriano, Montana Sen, Steve Daines, Dave, Bob Casey Sr, Joe Biden Organizations: Republican, GOP, Keystone State, United States Senate, Republican Party, Army's, Airborne Division, Wall Street Republican, Associated Press, AP, National Republican Senatorial, Republicans, Trump, Washington , D.C Locations: Pittsburgh, Pennsylvania, U.S, New Jersey, Connecticut, Montana, West, Washington ,, Harrisburg
Here’s a look at what to expect on election night:ELECTION DAYThe special election for Pennsylvania state House District 21 will be held on Tuesday. WHAT’S ON THE BALLOTThe Associated Press will provide coverage for the special election in District 21, which is the only race on the ballot. WHO GETS TO VOTEVoters must be registered in House District 21 to participate in the special election. DECISION NOTESUnder its current boundaries, District 21 heavily favors Democrats. In the 2022 general election in District 21, the AP first reported results at 8:39 p.m.
Persons: Sara Innamorato, Lindsay Powell, Chuck Schumer, Hakeem Jeffries, Pittsburgh Mayor William Peduto, Erin Connolly Autenreith, Thomas Connolly, Innamorato, Hillary Clinton, Joe Biden, Sen, John Fetterman, Mehmet Oz, Pennsylvania, John Galloway, Frank Perman, Autenreith, Perman, Powell, it’s Organizations: WASHINGTON, Representatives, Democratic, Republican, Allegheny, Republicans, U.S, Pittsburgh Mayor, Shaler Township Republican, Pennsylvania House, Rep, Pennsylvania, Press, WHO, House, AP, Pennsylvania’s, Pennsylvania Department, State’s Locations: Shaler Township, McKees, Allegheny County, Pennsylvania, Pittsburgh, Etna, Millvale, District, Shaler, underperform
HARRISBURG, Pa. (AP) — Republicans trying to recapture the U.S. Senate majority have the candidate they want in Pennsylvania. Almost since the moment he lost last year's Senate GOP primary, McCormick has floated the possibility that he would again seek the party's nomination for the U.S. Senate, this time to challenge three-term Democratic Sen. Bob Casey. “At this point, if Dave McCormick doesn't run, it'll be the biggest head fake in Pennsylvania political history,” said Vince Galko, a Republican campaign strategist based in northeastern Pennsylvania. For a party that has struggled — both nationally and in Pennsylvania — with nominating polarizing and badly flawed candidates for Senate, some in Pennsylvania worry that another fringe candidate could capture the nomination and embarrass the party anew if McCormick doesn’t run. If McCormick doesn't run, some party officials worry about the caliber of available alternatives at this relatively late stage.
Persons: David McCormick, McCormick, Democratic Sen, Bob Casey, Dave McCormick doesn't, it'll, , Vince Galko, Donald Trump, Joe Biden, , , Rob Gleason, Mitch McConnell —, “ That’s, Sam DeMarco, Dave, Dave McCormick, he's, Mehmet Oz, Oz, Democrat John Fetterman, Biden, Casey, Trump, lustily, ” McCormick, , Gleason, DeMarco, Linley Sanders, Marc Levy Organizations: , U.S, Senate, GOP, U.S . Senate, Democratic, Republican, White, Labor, National Republican Senatorial Committee, Fund, McCormick, Allegheny County GOP, Republican Party of Pennsylvania, Trump, Democrat, Publicly, Associated Press, NORC, for Public Affairs Research, Trump Republicans, Twitter Locations: HARRISBURG, Pa, Pennsylvania, Allegheny County, U.S, Washington
Stormy Daniels says she does not believe Trump weighs 215 pounds. His weight and height were released after he turned himself in in Fulton County, Georgia, authorities Thursday. This would mean Trump lost 25 pounds and grew an inch since he last reported his measurements in April. AdvertisementAdvertisementAccording to the jail records, the former president is 6 feet 3 inches tall and weighs 215 pounds. AdvertisementAdvertisementAccording to the jail records the former president is 6 feet 3 inches tall and weighs 215 pounds.
Persons: Stormy Daniels, Trump, Daniels, Donald Trump, Tiny, Evelyn Hockstein, TikTok, Muhammad Ali, Thor, Chris Hemsworth, Mehmet Oz, Ronny Jackson Organizations: Trump, Service, Centers for Disease Control, Republican, Fair, REUTERS, New York Times Locations: Fulton County , Georgia, Wall, Silicon, Fulton, Manhattan, Iowa, Des Moines , Iowa, U.S, Georgia
Social media users are calling out former Vice President Mike Pence for his new campaign video. The clip features Pence pretending to pump gas into his truck, when he's clearly not. He talked about energy prices for a full minute, but failed to pay for gas or squeeze the pump handle. "Hey, everybody, Mike Pence here," he said in the video, grabbing a gas pump nozzle. People commenting on his video also noted that Pence neither paid for his gas nor selected the fuel he wanted.
Persons: Mike Pence, Pence, he's, Joe Biden, Mike, Mehmet Oz's, Donald Trump, Nikki Haley, Vivek Ramaswamy Organizations: Service, Twitter, White, GOP Locations: Wall, Silicon, United States
[1/2] U.S. Senate Minority Leader Mitch McConnell (R-KY) speaks to the media after the weekly Senate Republican caucus luncheon with Republican leadership Senator Steve Daines (R-MT) and John Thune (R-SD), at the U.S. Capitol in Washington, U.S., February 14, 2023. It underscored that a high-quality candidate is crucial," Senate Republican leader Mitch McConnell said in an interview. Thirty-four of the 100 U.S. Senate seats will be up for grabs next year. In the 2022 congressional elections, Trump backed controversial Senate candidates including Oz in Pennsylvania and former football star Herschel Walker in Georgia, who both lost to Democrats. Had Republican candidates prevailed in those races, the party would have emerged with a Senate majority.
Persons: Mitch McConnell, Steve Daines, John Thune, Evelyn Hockstein, Daines, David McCormick, McCormick, Mehmet Oz, Donald Trump, John Fetterman, Dave, He's, Trump, Joe Biden, McConnell, Biden, Herschel Walker, Gary Peters, Ron DeSantis, Tim Sheehy, Sam Bowman, Jim Justice, Sheehy, Jon Tester, Matt Rosendale, David Morgan, Jarrett Renshaw, Will Dunham, Scott Malone Organizations: U.S ., Republican, U.S, Capitol, REUTERS, Democrats, Senate Republicans, Pennsylvania, Republican Senate, Democratic, Reuters, National Republican, TRUMP, Trump, Senate Democrats, Navy SEAL, Bridger Aerospace, Caucus, Senate, Thomson Locations: Washington , U.S, WASHINGTON, Montana, West Virginia, Nevada, In Pennsylvania, Arizona , Georgia, New Hampshire, Montana , West Virginia, Ohio, Arizona , Michigan, Montana , Nevada , Ohio, Pennsylvania, Wisconsin, Georgia, Florida, Washington, Philadelphia
The political network financed largely by billionaire Charles Koch is launching a wave of digital ads targeting former President Donald Trump. The ads argue that if Trump becomes the Republican nominee next year, it will lead to President Joe Biden winning reelection. One of the spots, titled "Only Way," has a voiceover saying, "The only way Biden wins is if we nominate Trump again." All of the Koch digital ads cite public polling that say how key voters don't want Trump to be president again. The ads are also targeting voters at a tumultuous moment for Trump.
Persons: Charles Koch, Donald Trump, Trump, Joe Biden, Koch, they've, Strong, Biden, Herschel Walker, Sen, Ron Johnson, Mehmet Oz, Bill Riggs, Riggs, Emily Seidel, Ron DeSantis Organizations: Republican, Prosperity, Koch Industries, of Commerce, CNBC, Trump, Biden, GOP, White, Senate, Commission, PAC, Georgia Republican Senate, Pennsylvania Republican, NBC, Florida Gov Locations: China, Georgia, Iowa, South Carolina , New Hampshire, Nevada, Washington
Both Haley and Ramaswamy are trailing former President Donald Trump, according to the latest public polls. Team Stand for America's filing says the group received individual donations from wealthy donors ranging from $5,000 to $16,600. The joint fundraising committee finished raising over $4.3 million, while the Haley campaign itself brought in around $5.1 million, according to FEC records. Team Stand for America transferred about $1.8 million to the Haley campaign on March 31, according to the records. Leonard Stern, the CEO of real estate firm Hartz Mountain Industries, contributed the same amount as Hamm to Team Stand for America in March.
Republicans weighing 2024 Senate bids in key states haven't settled on Donald Trump for 2024. "As Senate Republican's primary dynamics get messier by the day, Senate GOP candidates are in a lose-lose situation when it comes to Trump," said Nora Keefe, a spokesperson for the Democratic Senatorial Campaign Committee. Representatives for the three GOP prospects and the Senate GOP campaign arm either did not elaborate or respond when asked for comment. Rep. Mike Gallagher, a potential Senate candidate in another battleground state, Wisconsin, has repeatedly said he would not support Trump since the Trump supporters stormed the US Capitol in the January 6 insurrection. I stand by what I said," he said during an Axios forum when asked if he would support Trump if he becomes the nominee.
Sen. Bob Casey, D-Pa., on Monday announced he will seek a fourth term in the battleground state next year as Democrats fight to keep their Senate majority. "I'm running for re-election because with so much on the line for Pennsylvania's working families, I want to keep delivering results for Pennsylvania," Casey said in a statement announcing his re-election campaign. No other candidates for the 2024 Pennsylvania Senate race have been officially announced. During his time in the Senate, Casey has joined Republicans and other Democrats to negotiate bipartisan bills. Casey, who has long held anti-abortion views, had a complicated stance on the government's role in abortion rights.
"I had stopped engaging some of the most — things that I love in my life," Fetterman told CBS News. "The whole thing about depression is that objectively, you may have won, but depression can absolutely convince you that you actually lost. Fetterman revealed that between the November 2022 election and his swearing-in ceremony in January 2023, his depression began to accelerate. Last year's Pennsylvania Senate election, which was an open seat contest as a result of then-Republican Sen. Pat Toomey's impending retirement, was seen as one of most competitive races in the country. But Fetterman won the race 51%-46%, picking up a critical seat for Democrats and affording the party an expanded 51-49 majority in the upper chamber.
Senator John Fetterman has been discharged from hospital where he was treated for weeks for depression, his office said on Friday, adding he will return to the Senate mid-April. Fetterman's depression is now in remission, his office said in a statement, citing a doctor. Fetterman had checked into a Washington-area hospital for treatment for clinical depression in mid-February. Fetterman, who suffered a stroke last May and later acknowledged he had "almost died," has faced challenges adjusting to life in the Senate during his recovery. During the course of Fetterman's depression treatment, his speech abilities also improved as he worked with speech-language specialists, his office said on Friday.
GOP leaders are seeking out wealthy Senate candidates to counter Democratic fundraising successes. In recent cycles, some GOP candidates have used outside spending to mitigate spending disparities. Last year, Democratic Senate nominees in the six most competitive races outraised their GOP counterparts by $288 million, per Politico. The well-known doctor poured $26.8 million of his own funds into his unsuccessful Senate campaign, according to OpenSecrets. Dolan, who put more than $10.5 million into his 2022 Senate bid, could face Democratic Sen. Sherrod Brown.
Sen. John Fetterman has been hospitalized for clinical depression since February 15. Casey is coordinating with Fetterman staff on constituent services issues and legislative priorities, according to recent reports, but doesn't call Fetterman directly so as not to disturb his ongoing recovery. Some of the others working hard to meet that internal standard include legislative assistant Madeleine Marr, a former aide to Democratic Sen. Maggie Hassan of New Hampshire. Conservative commentator Stephen L. Miller has been more blunt, accusing Fetterman's staff of unduly wielding power in his absence. "John Fetterman's chief of staff is not an elected senator," Miller wrote in an op-ed run by the Delaware Valley Journal.
Former President Donald Trump on Friday shared the broad strokes of an ambitious plan to build 10 new "Freedom Cities" and beat China in the development of flying cars. Another plank of Trump's plan, detailed in a less-than-four-minute video shared by his campaign, is for the federal government to boost investment in flying personal vehicles. "I want to ensure that America, not China, leads this revolution in air mobility," Trump said in the video. Trump's video also teased a "major initiative" to lower the cost of living, with a focus on lowering the costs of buying a car building a single-family home. Days earlier, Trump unveiled a protectionist trade agenda featuring "universal" tariffs aimed to encourage domestic production.
The firm's CEO, Nir Bar Dea, said in a memo that it would lay off employees and restructure. Bar Dea had been a rising star at Bridgewater, which has transitioned leadership in recent years. Former co-CEO Mark Bertolini is also stepping out of the role and returning to Bridgewater's board as an independent director, leaving Bar Dea as sole CEO. "Over time, we expect this platform to produce the next round of growth in the business," Bar Dea wrote. 'Finding a home'As far as high finance executives go, Bar Dea has an unexpected background.
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