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☆ Jamie Dimon suggests he will remain at JPMorgan for a very long time
▼ + stars: | 2024-10-11 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

Jamie Dimon said he expects to stay at JPMorgan "for a long period" rather than join the government. One way that Dimon might do that after stepping down as CEO is to stay on as chairman. "I intend to be doing what I'm doing — I almost guarantee I'll be doing this — for a long period of time, or at least until the board kicks me out," he said. (The firm has previously said it intends to separate the CEO and chairman roles after Dimon steps down.) The Wells Fargo analyst on Friday suggested Dimon has been commenting on government pontifications in the past year more than at any other time in his career, raising questions about his political aspirations.

Persons: Jamie Dimon, —, Dimon, isn't, Lloyd Blankfeld, David Solomon, I've, wouldn't, Goldman Sachs, he's, Wells, Warren Buffett Organizations: JPMorgan, Service, JPMorgan Chase, Citi, Bank of America Locations: Wells Fargo, American

Like the presidential contest, the Senate race offers deep contrasts in a state that’s been divided neatly in half for years. We want to have a lawfully run election,” Lake said. In 2022, Lake challenged her loss to Hobbs, taking it all the way through the Arizona legal system. “It’s going to be a tight race,” Lake acknowledged. In 2018, Gallego rallied alongside Sen. Bernie Sanders, I-Vt., in Phoenix, saying facetiously: “President Trump is going to build a wall.

Persons: Kari Lake, Ruben Gallego, Sen, Kyrsten, Gallego, Katie Hobbs, Kamala Harris, Joe Biden, ” Gallego, Harris, Biden, “, haven’t, Lake’s —, Donald Trump’s —, John McCain, McCain, ”, Ruben ”, Paul Hickman, —, he’s, Kate Gallego, Trump, Lake, Hobbs, ” Lake, “ It’s, I’ve, Bernie Sanders, It’s, Donald Trump, they’re “ Organizations: PHOENIX, White, Trump, NBC News, Democratic, Arizona Republican, Republicans, Independents, McCain, Phoenix, Congress, Lake, Senate, Republican, Phoenix Fox, AARP, Harris ’, Democrat Party, Congressional Progressive Caucus, “, Phoenix Police Association, Justice Department, Phoenix Police Department, Phoenix police, NBC, Arizona Police Association Locations: PHOENIX — Arizona, Scottsdale, “, Arizona, Congress, Vietnam, American, Colombian, Ukraine, ”, Israel, Taiwan, Maricopa County, Iowa, Gallego, Phoenix

☆ Supreme Court returns to work with an eye on a post-election storm
▼ + stars: | 2024-10-06 | by ( John Fritze | ) edition.cnn.com time to read: +8 min

And Trump is all but guaranteed to resurface at the Supreme Court in coming weeks to clarify the sweeping criminal immunity the court bestowed on him in July. “As matters stand now, this feels like the court is keeping its powder dry in case the election explodes,” Carter Phillips, a veteran Supreme Court litigator, told CNN early last week. A poll released by the Annenberg Public Policy Center on Wednesday found 56% of Americans disapprove of the Supreme Court. Take, for instance, Trump’s ban on travel from predominately Muslim nations, which made repeat trips to the Supreme Court. The Supreme Court has already dipped into next month’s election in a few emergency cases, two of which involved third-party candidates trying to remain on state presidential ballots.

Persons: Kamala Harris, Donald Trump, Trump, ” Carter Phillips, litigator, Biden, Roe, Wade, –, John Roberts, “, ” Lisa Blatt, Roberts, William Rehnquist, Gore, George W, Bush, Sandra Day O’Connor, ” David Cole, it’s, Ketanji Brown Jackson, ” Organizations: CNN, Biden, Alcohol, Tobacco, Firearms, Explosives, ATF, Trump, Annenberg Public, Center, New York Times, Federalist, Chief, ACLU, Georgetown Law, Republican, Democratic, “, Supreme, Human, Department, CBS News Locations: Louisiana, Texas, Mexico, Bush, Tennessee

☆ October surprises are piling up, but a toss-up race seems impervious to shocks
▼ + stars: | 2024-10-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +14 min

The trio of tests facing Harris comes with potential economic, political and humanitarian consequences if the administration errs. And the new scrutiny of Trump’s behavior after the 2020 election could cause some voters to again question his fitness for the Oval Office. Former President Donald Trump speaks during a campaign event at Dane Manufacturing in Waunakee, Wisconsin, October 1, 2024. NONE OF THIS HAPPENED WHILE I WAS PRESIDENT!” Trump wrote on Truth Social on Tuesday. But Trump has already tried to manipulate the tragedy for political gain, accusing Biden of “sleeping” following the storm.

Persons: Donald Trump, Kamala Harris, Biden, Hurricane Helene, Trump, Jack Smith, ’, Harris, Kamil Krzaczynski, Trump’s, ” Smith, Smith, ” Trump, Steven Cheung, JD Vance couldn’t, Augusta Mayor Garnett Johnson, Brendan Smialowski, Joe Biden, Helene, Amir Cohen, Hassan Nasrallah, Benjamin Netanyahu’s, Netanyahu’s, Netanyahu, “, ”, There’s, egging Netanyahu, Spencer Platt, “ Donald Trump …, Still, Mandel Ngan, they’ve, Brian Kemp, ” Biden, we’re Organizations: CNN, Oval, Dane Manufacturing, Getty, Trump, ”, Radical Democrats, Republican, Augusta, Democratic, White, Reuters, Wednesday, Democratic Party, Port, International Longshoremen’s Association, Biden, Republican Party, GOP, Raleigh Emergency Operations Center, Pentagon, National Guard, Georgia Republican Gov Locations: Hurricane, Waunakee , Wisconsin, AFP, Meadowbrook, Augusta , Georgia, Iran, Israel, United States, Tehran, Russia, Ukraine, Ashkelon, Lebanon, Gaza, Islamic Republic, Washington, Michigan, New York, Newark, Staten Island , New York, Gulf Coast, Raleigh , North Carolina, Georgia, North Carolina

☆ 4:30 a.m. wakeups and scary speakers: Inside Apollo's tactics to prepare its workers for an uncertain future
▼ + stars: | 2024-10-03 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +7 min

Rowan said the firm is testing new tactics to motivate employees to "play to win." Here's how and why the firm has turned to frozen yogurt and 4:30 a.m. wakeups. 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 . Advertisement"We believe that assets are what is going to be scarce rather than capital," Rowan said, referring to an environment of more limited investment opportunities.

Persons: Rowan, —, Marc Rowan, We've, Lehman, I've, They're, it's Organizations: Service, New, Apollo, Nvidia, that's

☆ Chuck Todd: Harris avoids some big questions, but Trump’s lack of control costs him
▼ + stars: | 2024-09-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Chuck-Todd-Circle-Byline-Template.Jpg | Chuck Todd | ) www.nbcnews.com time to read: +9 min

It wasn’t until Trump’s closing statement that he tried to effectively pin Vice President Kamala Harris to President Joe Biden’s administration. Not only did Trump fail to connect Harris more directly with the Biden years, but so did the questions. And Harris certainly took advantage of every opportunity to turn many of the questions directed at her or the Biden-Harris administration back on Trump. And Harris also benefited because the moderators didn’t always follow up with her when she didn’t answer their questions directly. (Again, Trump didn’t acknowledge any failures in his administration other than the people he fired, and Harris didn’t seem to hug the Biden-Harris record very much.)

Persons: Donald Trump, Trump, Don’t, Kamala Harris, Joe Biden’s, Harris, Biden, It’s, goad Trump, Biden’s flameout, Hillary Clinton, didn’t, “, won’t, Biden —, Harris didn’t Organizations: Biden, Trump, Trump Republicans Locations: Harris

☆ Trump repeats false claims that children are undergoing transgender surgery during the school day
▼ + stars: | 2024-09-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Matt-Lavietes-Byline-Jm.Jpg | Matt Lavietes | ) www.nbcnews.com time to read: +5 min

Former President Donald Trump repeated his false claim that children are undergoing transition-related surgery during their school day, worsening fears among some conservatives that educators are pushing children to become transgender and aiding transitions without parental awareness. What the hell is wrong with our country?” Trump said Saturday at a campaign rally in Wisconsin, a vital swing state. About half the states ban transition-related surgery for minors, and even in states where such care is still legal, it is rare. The law limits the instruction of sexual orientation and gender identity in school and has been replicated in states across the country. Half of all teachers polled, including 62% of elementary school teachers, said elementary school students should not learn about gender identity in school.

Persons: Donald Trump, Jimmy, ” Trump, Trump, —, what’s, ’, ”, Karoline Leavitt, Kate King, Trump’s, Ron DeSantis, Marjorie Taylor Greene, “ Organizations: Liberty, American Association of Medical Providers, NBC, National Association of School Nurses, Democratic, Republican National Convention, DeSantis, Pew Research, Education Department Locations: Wisconsin, U.S, Florida’s, kindergartners

☆ Why 'fake heiress' Anna Sorokin, quietly released from house arrest, can compete in 'Dancing With the Stars' with an ankle monitor
▼ + stars: | 2024-09-04 | by ( Caralynn Matassa | Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

On Wednesday, ABC announced that Sorokin — who in 2019 was convicted of conning banks, hotels, and individuals out of money by posing as a European heiress named Anna Delvey — would join the cast of "Dancing With the Stars" season 33. Sorokin finished her prison sentence (which she previously called "a huge waste of time") for her crimes in February 2021. Shortly after she was released from prison, an immigration judge put her under house arrest in New York and banned her from using social media. Related storiesAnna Delvey having to wear an ankle monitor in her #DWTS promo photo is absolute perfection. Advertisement"Dancing With the Stars" season 33 airs September 17 on ABC and Disney+ and streams on Hulu the next day.

Persons: —, Anna Sorokin, Sorokin, Anna Delvey —, Jenn Tran, Tran's, Joey Graziadei, Phaedra Parks, Anna Delvey, Anna, John Sandweg —, Sandweg, She's, Pornhub, Kelly Cutrone Organizations: Service, ABC, Business, Netflix, Customs Enforcement, ICE, Barack, New, Disney, Hulu Locations: European, York, Immigration, United States, New York

☆ Russia is putting up a stiffer fight in Kursk and is sending well-equipped soldiers, says Ukrainian commander
▼ + stars: | 2024-08-23 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Read previewA Ukrainian drone battalion commander says Russia is putting up a stronger fight in Kursk and is sending well-equipped soldiers to the region. AdvertisementThey are now dug down in cellars north of the town of Sudzha, deploying reconnaissance and strike drones to assist Ukrainian forces in their advance, it said. Ukraine's army chief, Oleksandr Syrskyi, said on Tuesday that Ukrainian forces were 22 miles into Russia. US officials told CNN last week that Russia appeared to be diverting thousands of troops from Ukraine into Kursk. It remains unclear exactly how many soldiers Russia is redeploying to Kursk from the main 600-mile front line in eastern Ukraine.

Persons: —, Oleksandr Syrskyi Organizations: Service, Regiment, Wall Street, Business, Institute for, CNN, Russian Presidential Administration Locations: Russia, Kursk, Ukraine's, Sudzha, Russia's Kursk, Ukraine, Russian, redeploying

Leavitt later clarified, "As President Trump said numerous times during the press conference, the questions being asked were difficult to hear. His position on mifepristone remains the same — the Supreme Court unanimously decided on the issue and the matter is settled." Also at Thursday's press conference, Trump was also asked how he planned to vote in Florida’s ballot initiative this fall to expand abortion access. In June, the Supreme Court ruled that the plaintiffs did not have standing to win the case, preserving access nationwide to abortion pills. At the time, RNC spokeswoman Danielle Alvarez said in a statement: "The Supreme Court has unanimously decided 9-0.

Persons: Donald Trump, Trump, Karoline Leavitt, Leavitt, ” Harris, Walz, Julie Chavez Rodriguez, Trump's, Roe, Wade, Danielle Alvarez Organizations: NBC News, Food and Drug Administration, CNN, Trump, NBC, Heritage Foundation, Alliance for Hippocratic Medicine Locations: Lago, Florida, Texas

Former President Donald Trump on Friday said he would no longer participate in a September debate on ABC, opting instead to accept Fox News’ offer to debate Vice President Kamala Harris on Sept. 4. The network pitched two of its anchors, Bret Baier and Martha MacCallum, as moderators, which Trump agreed to in his Truth Social post. In a tweet posted Saturday, the vice president said, "It’s interesting how 'any time, any place' becomes 'one specific time, one specific safe space.' Sen. Jon Ossoff, D-Ga., who spoke at the Harris rally, said Trump was “too scared” to debate the vice president. He’s scared.

Persons: Donald Trump, Kamala Harris, Joe Biden, “, Biden, ” Trump, George Stephanopoulos, Trump, Harris, Bret Baier, Martha MacCallum, Michael Tyler, “ Donald Trump, ” “, ”, he’s, Eric Baradat, Harris ’, Sen, Jon Ossoff, “ He’s, “ Donald, Maria Bartiromo, I’m Organizations: ABC, Fox, Democratic, Fox News, Trump, CNN, NBC News, Getty, Republican, Fox Business Locations: Pennsylvania, Atlanta, AFP, Harris

☆ What the presidential election could mean for Social Security and Medicare
▼ + stars: | 2024-08-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +5 min

Kevin Lamarque | ReutersWhen it comes to the November election, there is one issue that is at the top of voters' wish lists: Social Security. It polled 1,831 adults age 18 and up who "currently receive or expect to receive Social Security." Experts say the post likely refers to the taxes Social Security beneficiaries may owe on their benefit income. Exactly how much Social Security beneficiaries pay in taxes is based on their "combined income," which includes adjusted gross income, nontaxable interest and half of their Social Security benefits. Yet in a March CNBC interview, Trump said he would consider cutting "entitlements," which may refer to Social Security, Medicare or Medicaid.

Persons: Kevin Lamarque, Emerson Sprick, Biden, Joe Biden, Nathan Howard, Sprick, Robyn Patterson, Patterson, Trump, Donald Trump, Elizabeth Frantz, CNBC's, Harris, Kamala Harris, Megan Varner Organizations: Reuters, Social Security, National Institute on Retirement Security, Nationwide Retirement, Social, White, Medicare, Trust Fund, Congressional Republicans, Security, Biden, CNBC, U.S, Center, Getty Locations: Falls Church , Virginia, U.S, Russia, Washington , U.S, Harrisburg , Pennsylvania, Georgia, Atlanta , Georgia

☆ Energy analyst discusses what a Trump presidency could mean for the oil industry
▼ + stars: | 2024-07-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy analyst discusses what a Trump presidency could mean for the oil industryPavel Molchanov, managing director and equity research analyst at Raymond James energy group, says "it may be that Trump wants even more drilling activity, but of course that's not up to him or any presidential administration."

Persons: Trump, Pavel Molchanov, Raymond James Organizations: Email Energy

☆ ‘Morning Joe’ backlash is latest mess for NBC and Comcast executives
▼ + stars: | 2024-07-17 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

Joe Scarborough, speaking alongside co-hosts Mika Brzezinski and Willie Geist, offered viewers a peek behind the curtain into the conspicuous decision-making process that transpired over the weekend. Without “Morning Joe” airing on Monday, viewers rebelled against MSNBC, opting to change the channel, Nielsen data indicated. The move to bench the “Morning Joe” crew, after all, didn’t happen in a vacuum. Which is why, perhaps, Comcast is involved in cleaning up the “Morning Joe” mess. I’m told that the company’s president, Mike Cavanagh, rescheduled meetings on Tuesday to grapple with the fallout stemming from the “Morning Joe” commentary.

Persons: CNN — Cesar Conde, —, Joe ”, Donald Trump, Joe Scarborough, Mika Brzezinski, Willie Geist, Scarborough, “, Lester Holt, Savannah Guthrie, Joe, ”, ” Scarborough, Joe Biden, Nancy Pelosi, Conde, Trump, Brian Roberts, Roberts, ” Trump, radicalizing, Donald Trump Jr, Sarah Huckabee Sanders, it’s, I’m, Mike Cavanagh, bode Organizations: CNN, MSNBC, NBC, Group chairman’s, Nielsen, NBC News Group, Comcast, RNC, NBCU, — Locations: Scarborough, Savannah, Acela

CNN —A federal judge on Monday dismissed the classified documents case against Donald Trump, a shock ruling that clears away one of the major legal challenges facing the former president. In a 93-page ruling, District Judge Aileen Cannon said the appointment of special counsel Jack Smith violated the Constitution. She did not rule on whether Trump’s alleged mishandling of classified documents was proper or not. Even though a trial before the presidential election was considered highly unlikely, many legal experts had viewed the classified documents case as the strongest one of the four cases that were pending against the former president. Smith had charged Trump last year with taking classified documents from the White House and resisting the government’s attempts to retrieve the materials.

Persons: Donald Trump, Aileen Cannon, Jack Smith, ” Cannon, Cannon, Trump, ”, Smith, –, Clarence Thomas, James Pearce, “, Justice Department “, it’s Organizations: CNN, Republican National Convention, Truth Social, Justice Department, White, Trump, DOJ, United, United States Attorney Locations: Washington , DC, Georgia, New York, United States

☆ Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadership
▼ + stars: | 2024-07-13 | by ( Ron Insana | ) www.cnbc.com time to read: +4 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. The S&P 500 is up nearly 18% in 2024, while the Nasdaq Composite is up 22% in that same time frame. Americans have often been accused, especially by those living abroad, of having a rather narrow view of the world. But President Xi Jinping's "party over prosperity" political model continues to dampen enthusiasm among both foreign investors and domestic consumers. There may be a day that that becomes true and other economies and markets may prove more alluring, but that day has yet to come.

Persons: it's, Xi Jinping's, It's, Dorothy Gale of, Ron Insana Organizations: New York Stock Exchange, Nasdaq, U.S, National Institution for Finance, Development, Monetary Fund, Overseas, Treasurys, U.S ., CNBC Locations: New York City, U.S, Japan, Argentina, Turkey, China, Shanghai, Italy, Spain, America, Dorothy Gale of Kansas

☆ Opinion: Public schools are not Sunday schools
▼ + stars: | 2024-07-03 | by ( Opinion Amanda Tyler | ) edition.cnn.com time to read: +6 min

CNN —It has been an especially active few weeks for news about religion in public schools. Public schools are not Sunday schools, and families should feel free to send their children to school without worrying about state officials interfering in their choices about religious instruction. These politically conservative state officials are seemingly making a show of testing the limits of government-sponsored religious instruction and exercise in public schools, emboldened by the US Supreme Court’s recent decisions. Like religious instruction in public schools, the public funding of religion undermines fundamental principles of religious freedom for all. By merging religious and political authority, taxpayer funding of religious schools threatens the rights of people of all faiths — and those of no faith.

Persons: Amanda Tyler, Jeff Landry, Ryan Walters, ” Amanda Tyler, Kennedy, Walters, beholden, ” Walters Organizations: Baptist, Religious Liberty, Christian Nationalism, CNN, Texas Education Agency, Louisiana Gov, US, Twitter, Oklahoma Supreme Court Locations: Louisiana, Oklahoma’s, Kennedy v, Bremerton, Kentucky, Texas , Louisiana, Oklahoma

Birds fly outside the U.S. Supreme Court on the day justices issue orders in pending appeals in Washington, U.S., June 24, 2024. Republican lawmakers and the U.S. Chamber of Commerce praised the Supreme Court decision Friday overturning the so-called Chevron Doctrine, which for four decades led judges to defer to how federal agencies interpreted a law when its language was not clear. GOP lawmakers said the 6-3 decision by the Supreme Court undid a precedent that they argued had unjustly strengthened the power of unelected government officials. "After forty years of Chevron deference, the Supreme Court made it clear today that our system of government leaves no room for an unelected bureaucracy to co-opt this authority for itself," McConnell said. "It's a huge blow to the administrative state in Washington, D.C. No one elects bureaucrats to make these decisions," Cotton said of the decision, which overturned the Supreme Court's ruling in 1984 in a case known as Chevron v. Natural Resources Defense Council.

Persons: Mitch McConnell, McConnell, Suzanne Clark, Clark, Jeff Holmstead, Bracewell, Holmstead, Chevron, Sen, Tom Cotton, Raimondo, Cotton Organizations: U.S, Supreme, Republican, U.S . Chamber, Commerce, GOP, Air, Environmental Protection Agency, Fox News, Loper Bright Enterprises, Constitutional, Chevron, Natural Resources Defense Locations: Washington , U.S, Ky, Washington ,

The plea deal allows Assange to avoid prison in the US and return to his native Australia. “That never came up in our conversations,” said David Stilwell, the State Department assistant secretary for the Pacific region during the Trump administration. Sessions’ focus on national security-related leaks was “probably one of the reasons why the [Assange] case had more traction,” Hickey told CNN. Hickey said he was not involved in the Assange case when he was a senior official at DOJ’s National Security Division from 2016 to 2023. Stilwell, the former State Department official under the Trump administration, pushed back on the Assange plea deal.

Persons: Julian Assange, Assange, Biden, Trump, ”, David Stilwell, Anthony Albanese, Joe Biden, General Merrick Garland, Chelsea Manning, Manning, Barack Obama, Obama, Trump’s, Jeff Sessions, Adam Hickey, ” Hickey, Hickey, “ Assange, who’s, Mayer Brown, Garland, Andrew McCabe, “, it’s, ” McCabe, Stilwell, ” Stilwell, Bradley Moss, would’ve, ” Moss, ” CNN’s Zachary Cohen, Marshall Cohen, Kevin Liptak Organizations: CNN, United, Wikileaks, State Department, Australian, Justice Department, FBI, Northern, London’s, US Justice Department, White, Pentagon, Army, Assange ., Department, Obama, Biden, DOJ’s National Security Division, Protect Journalists, Amnesty International, American Civil Liberties Union, Computer, Ecuadorian Locations: United States, Washington, London, Stockholm, Quito, Ecuador, Australia, Pacific, Virginia, London’s, Northern Mariana Islands, Iraq, Guantanamo, Washington ,

☆ Far-right blogger Jim Hoft used The Gateway Pundit's company funds to buy himself a Porsche and an oceanside Florida condo
▼ + stars: | 2024-06-18 | by ( Jacob Shamsian | Jack Newsham | ) www.businessinsider.com time to read: +5 min

Hoft appeared to view the distinction between his personal finances and TGP Communications, the now-bankrupt corporate entity that owns The Gateway Pundit, as little more than a formality. Both he and his brother, Joe Hoft — a Gateway Pundit cofounder — took loans from the company, he said. AdvertisementSome of the creditors suing The Gateway Pundit claim the bankruptcy is a legal maneuver to try to escape from accountability in other courts. Coomer has also sued Hoft after The Gateway Pundit falsely accused him of being on "a conference call filled with Antifa-sympathizing callers" to rig the election. He used the company to give himself an $800,000 loan to purchase a condo in 2021 in Jensen Beach, Florida, he said.

Persons: —, Jim Hoft, Hoft, Joe Hoft, We've, Ruby Freeman, Wandrea Moss, Eric Coomer, Freeman, Moss, Donald Trump, Rudy Giuliani, Coomer, Louis Organizations: Service, TGP Communications, Business, Voting Systems, New, New York City, Porsche, Trump, White House, US Trustee's, Pundit Locations: Florida, Georgia, New York, Jensen Beach , Florida, St

☆ Years of scrutiny for a president’s son culminate in guilty verdict
▼ + stars: | 2024-06-11 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +4 min

Hunter Biden’s ex-wife, his ex-girlfriend, his brother’s widow – with whom he had an affair – and his daughter all testified. Hunter Biden was administratively discharged, which is standard procedure when an officer fails a drug test. Did Joe Biden profit from his son Hunter’s career? It is a trade-off Hunter Biden has been experiencing for years. When Joe Biden was tapped as Barack Obama’s running mate in 2008, they made a point about not consorting with lobbyists.

Persons: CNN — Hunter Biden, Biden, Read, Hunter Biden’s, –, Donald Trump’s, That’s, Trump, Hunter Biden, Joe Biden, Volodymyr Zelensky, Joe Biden’s, Hunter, “ dishonorably, “ Hunter Biden ”, Hunter’s, James Biden, Barack Obama’s Organizations: CNN, Trump, Navy Reserve, Republicans Locations: Delaware, New York, Los Angeles, Ukraine, Ukrainian, China

☆ FDIC chairman Martin Gruenberg to resign following investigations into sexual harassment at the bank regulator
▼ + stars: | 2024-05-21 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

The report also probed FDIC chairman Martin Gruenberg's strong temper. Staying in office would prevent FDIC vice chairman Travis Hill, a Republican, from becoming the agency's acting chairman. The White House said that President Joe Biden would soon nominate a new FDIC chairman and that it expects the Senate to move quickly to confirm the nominee. "I accept the findings of the reports and as chairman, I take full responsibility to anyone who has experienced sexual harassment, discrimination or other misconduct at the FDIC," Gruenberg said at the hearing. Investigators said they set up a hotline in mid-January and received more than 500 complaints — largely from current employees — about sexual harassment, discrimination, and other issues.

Persons: —, Martin Gruenberg's, Gruenberg, Travis Hill, Joe Biden, Cleary Gottlieb Steen, Hamilton Organizations: Service, Federal Deposit Insurance Corporation, Business, Democratic, Wall Street, Republican, Journal, Senate, FDIC

☆ What Donald Trump might do if he wins a second term in 2024
▼ + stars: | 2024-05-20 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +11 min

Read previewIn January 2025, Donald Trump may be sworn into office as the 47th President of the United States. Another Trump term, on the other hand, would likely entail a radical reversal from not just the previous four years, but even from Trump's first term in office. While not exhaustive, here's just some of what to expect in a second Trump administration. Miller told The New York Times that a second Trump administration would build "vast holding facilities that would function as staging centers" on "open land in Texas near the border." According to Bloomberg, Trump wants to extend those cuts in a second term.

Persons: —, Donald Trump, Joe Biden, Biden, Trump, Trump's, That's, mifepristone, Stephen Miller, Miller, Alex Wong, Nixon, shouldn't, he's, Israel, there's Organizations: Service, Business, Trump, The New York Times, Heritage Foundation's, Senate, Federal Communications Commission, Federal Trade Commission, Federal Reserve, Congress, TIME, Republican, National Guard, United, Department of Justice, Capitol Police, Atlantic Treaty Organization, State Department, Pentagon, Bloomberg, American, Security, Social Security, CNBC Locations: United States, Texas, CPAC, China, Ukraine, Gaza, Israel, Europe, Washington ,

☆ U.S. energy panel approves rule to expand transmission of renewable power
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: +6 min

Republican Mark Christie opposed the rule, dismissing it as a gift to solar and wind power operators. Many power companies and Republican-led states don't want to spend money on new transmission lines or upgrades for renewable energy, creating conflicts with Democratic states that have ambitious clean-energy goals. The rule is intended to streamline how power lines are sited and how costs are shared between states. It could accelerate construction of new transmission lines for wind, solar and other renewable power and add huge amounts of clean energy to the grid. The new rule "will improve regional transmission planning, break down barriers to grid buildout and support the delivery of more affordable and reliable power,″ Zaidi said.

Persons: Joe Biden's, Willie Phillips, Allison Clements, Republican Mark Christie, Phillips, Christie, ″, Biden, Ali Zaidi, ″ Zaidi, Clements, Heather O'Neill, Chuck Schumer, Schumer Organizations: Federal Energy Regulatory Commission, Democratic, Republican, Energy Department, FERC, Advanced Energy Locations: Washington, U.S

☆ The FDIC is a 'boys club' where some senior execs pursued romantic relationships with their staff, says new report
▼ + stars: | 2024-05-08 | by ( Meghan Morris | ) www.businessinsider.com time to read: +4 min

The Federal Deposit Insurance Corporation, or FDIC, has a "patriarchal" culture, according to an independent report. The bank regulator took no action on dozens of harassment complaints and moved wrongdoers around. The report said the FDIC has dismissed myriad harassment complaints and that wrongdoers are moved around internally or promoted. AdvertisementThe independent investigators spent nine pages discussing FDIC chairman Martin Gruenberg's conduct. The FDIC did not immediately respond to a request for comment from Business Insider sent outside standard hours.

Persons: —, Cleary Gottlieb Steen, Hamilton, Martin Gruenberg's, Gruenberg, Travis Hill, Karine Jean, Pierre didn't Organizations: Federal Deposit Insurance Corporation, Service, Wall Street Journal, FDIC, Democrat, Republican, White, Business Insider Locations: wrongdoers, Gruenberg

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