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Story highlights Trump is looking to attract union members, who have traditionally voted Democratic. CNN —Former President Donald Trump Wednesday met with Teamsters union leaders and members in Washington as his campaign tries to drive a wedge between President Joe Biden and one of his most loyal constituencies: organized labor. The Teamsters have twice endorsed against Trump, backing Hillary Clinton in 2016 and Biden four years later. “We’re not ceding any territory, any group, any demographic to Joe Biden,” one senior Trump adviser said of the campaign’s outreach to working class voters. The group said Biden had been invited to its headquarters on the same day as Trump.
Persons: Trump, Biden, Donald Trump, Joe Biden, Sean O’Brien, , John Palmer, , ” Trump, Nikki Haley’s, ” Haley, Olivia Perez, Cubas, , Robert F, Kennedy Jr, Cornel West, Asa Hutchinson, Marianne Williamson, Dean Phillips, ” O’Brien, Shawn Fain, Sean O'Brien, Sara Nelson, Elizabeth Frantz, Reuters O’Brien, Sen, Markwayne Mullin, O’Brien, Mullin, Vermont Sen, Bernie Sanders, Hillary Clinton, “ We’re, Fain, Cole Scandaglia, ” Fain, ” Biden, Kara Deniz, CNN’s Arlette Saenz, MJ Lee Organizations: Democratic, Teamsters, United Auto Workers, CNN, Biden, Trump, United States Army Veteran, Republican, ” Former South Carolina Gov, GOP, UPS, Arkansas Gov, Teamsters Union, UAW, Capitol, Reuters, Oklahoma Republican, Drake Enterprises, Ford, General Motors, National Labor Relations Board, Department of Transportation, Auto Workers, Automobile Manufacturing Industry Locations: Washington, Michigan , Wisconsin, Pennsylvania, Lago, United States, Arkansas, Minnesota, Washington ,, Oklahoma, Vermont, Detroit, Michigan
Republican presidential candidate Vivek Ramaswamy Photo: Elizabeth Frantz for The Wall Street JournalVivek Ramaswamy , a biotech company founder who spent heavily from his own fortune to finance his Republican presidential bid, suspended his campaign in the 2024 primary race Monday after a disappointing finish in the Iowa GOP caucusesHaving failed to sell himself as a next-generation version of former President Donald Trump, Ramaswamy endorsed Trump as he left the contest.
Persons: Vivek Ramaswamy, Elizabeth Frantz, Donald Trump, Ramaswamy, Trump Organizations: Wall, Republican, Iowa GOP Locations: Iowa
FBI Director Christopher Wray attends a House Homeland Security Committee hearing examining worldwide threats to the U.S., on Capitol Hill in Washington, U.S., November 15, 2023. “Stripping the FBI of its 702 authorities would be a form of unilateral disarmament,” Wray will tell the Democratic-led Senate Judiciary Committee during an oversight hearing, according to excerpts of his testimony released by the FBI. A bipartisan team of U.S. lawmakers introduced legislation last month to impose new limits on searches of Americans' communications and prohibit so-called "backdoor" searches which invoke foreign intelligence justifications to spy on Americans. Wray plans to tell the Senate panel that the FBI will be “good stewards of our authorities,” citing reforms he said the FBI has already made in response to criticism of law enforcement’s use of the law. Reporting by Andrew Goudsward Editing by Don Durfee and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Persons: Christopher Wray, Elizabeth Frantz, ” Wray, Wray, Donald Trump, Joe Biden’s, Hunter, Andrew Goudsward, Don Durfee, Kim Coghill Organizations: Homeland Security, Capitol, REUTERS, Rights, Foreign Intelligence, Democratic, FBI, U.S, U.S . Capitol, Thomson Locations: U.S, Washington , U.S, United States, Iran, China
[1/3] File photo: The flags of the United States and India are displayed on the Eisenhower Executive Office Building at the White House in Washington, U.S., June 21, 2023. Last week, the U.S. Justice Department alleged that an Indian government official directed an unsuccessful plot to assassinate a Sikh separatist on U.S. soil, while it announced charges against a man accused of orchestrating the attempted murder. U.S. officials have named the target of the attempted murder as Gurpatwant Singh Pannun, a Sikh separatist and dual citizen of the United States and Canada. The Indian government has long complained about the presence of Sikh separatist groups outside India. They also discussed developments in the Middle East, including the Israel-Hamas war, plans for a post-war Gaza and recent attacks on commercial vessels in the Red Sea, the White House said on Monday.
Persons: Elizabeth Frantz, Jon, Gurpatwant Singh Pannun, Hardeep Singh Nijjar, Joe Biden, Jake Sullivan, Bill Burns, Antony Blinken, Biden, Ajit Doval, Kanishka Singh, Leslie Adler, Lincoln Organizations: Eisenhower, White, REUTERS, Rights, White House, U.S . Justice Department, Indian, U.S, National, Thomson Locations: United States, India, Washington , U.S, U.S, New Delhi, Canada, Vancouver, China, Israel, Gaza, Red, Washington
Former Federal Reserve Chairwoman Janet Yellen was sworn in as secretary of the treasury in 2021, becoming the first woman to hold that spot. She has also chaired the White House Council of Economic Advisers. Elizabeth Frantz for The Wall Street Journal
Persons: Janet Yellen, Elizabeth Frantz Organizations: Federal, White House Council, Economic Advisers, Wall Street
Rep. George Santos (R., N.Y.) delivered a speech this week in which he said it would be improper for lawmakers to vote to expel him before the legal process fully plays out. Photo: elizabeth frantz/ReutersWASHINGTON—The House is set to vote Friday on whether to expel embattled Rep. George Santos over allegations the New York Republican stole money from his own campaign and committed other misdeeds, in what would be only the third expulsion from the chamber since the Civil War. A two-thirds House supermajority is required to remove a member, meaning that 290 votes would be needed to oust Santos if all 435 House members vote. Most Democrats are expected to back expulsion, leaving Santos’s hopes in the hands of his GOP colleagues. While many Republicans support the move to remove Santos, some—including Speaker Mike Johnson (R., La.
Persons: George Santos, elizabeth frantz, Santos, Santos’s, Mike Johnson, Organizations: Reuters WASHINGTON, New York Republican, GOP Locations: N.Y
Rep. George Santos (R., N.Y.) delivered a speech this week in which he said it would be improper for lawmakers to vote to expel him before the legal process fully plays out. Photo: elizabeth frantz/ReutersWASHINGTON—The House voted Friday to expel embattled Rep. George Santos over allegations the New York Republican stole money from his own campaign and committed other misdeeds, in only the third expulsion from the chamber since the Civil War. The vote was 311 to 114, just slightly more than the two-thirds House supermajority required to remove a member. While Democrats and many Republicans supported the move to remove Santos, some—including Speaker Mike Johnson (R., La. )— had expressed reservations about expelling him before his criminal case had been resolved.
Persons: George Santos, elizabeth frantz, Santos, Mike Johnson, Organizations: Reuters WASHINGTON, New York Republican, Republicans Locations: N.Y
He has admitted fabricating much of his biography, and federal prosecutors accuse him of laundering campaign funds and defrauding donors. At least 77 Republicans, along with the chamber's 213 Democrats, will have to vote for expulsion to meet that threshold. House Speaker Mike Johnson told reporters on Wednesday that he had reservations about the vote, but had called on members of his party to "vote their conscience." On the House floor on Thursday, Santos said, "I have been convicted of no crimes. Before Santos' win in 2022, the district was represented by Democrat Tom Suozzi, who unsuccessfully ran for governor.
Persons: George Santos, Elizabeth Frantz, Republican George Santos, Santos, Mike Johnson, Democrat James Traficant, Goldman Sachs, Nick LaLota, Kathy Hochul, Tom Suozzi, Suozzi, Makini Brice, Andy Sullivan, Moira Warburton, Scott Malone, Jonathan Oatis Organizations: Rep, U.S, Capitol, REUTERS, Rights, Republican, U.S . House, Republicans, Santos, Democrat, New York University, Citigroup, Republican Party, White, Democratic New York, Thomson Locations: Washington , U.S, U.S, New York City, Long, OnlyFans, Civil, New York, Washington
U.S. officials, after learning about the plot in late July, demanded that India investigate, a senior administration official said. High-level meetings and pledges of closer cooperation have continued, with Biden's secretaries of state and defense visiting Delhi this month. A senior U.S. administration official called the assassination plot a "serious matter" and said Washington expects India to stop such activities, even as the Biden administration pursues "an ambitious agenda to expand our cooperation" with India. Biden has made a priority of nurturing ties with India, hoping to counter China’s ambitions in Asia while drawing India away from Russia as the U.S. seeks to isolate Moscow over its invasion of Ukraine. "Both the U.S. and India realize that they need each other, perhaps the U.S. a bit more than India."
Persons: Elizabeth Frantz, Nikhil Gupta, Joe Biden, Narendra Modi, Biden, Modi, Lisa Curtis, Hardeep Singh Nijjar, Canada’s, Happymon Jacob, Richard Rossow, Ashley Tellis, David Brunnstrom, Simon Lewis, Krishn Kaushik, Jonathan Landay, Trevor Hunnicutt, Don Durfee, Gerry Doyle Organizations: Eisenhower, White, REUTERS, Rights, Federal, New, New York City, Indian, White House, CIA, Washington, South, National Security Council, Canada, Jawaharlal Nehru University, Washington's Center, Strategic, International Studies, Biden Administration, Carnegie Endowment, International, U.S, Thomson Locations: United States, India, Washington , U.S, U.S, China, Manhattan, New York, New Delhi, Delhi, The U.S, Central Asia, Asia, Russia, Moscow, Ukraine, York, Canada, Vancouver suburb, Gujarat
Watchdog to Probe FBI Headquarters Selection Process
  + stars: | 2023-11-30 | by ( Sadie Gurman | ) www.wsj.com   time to read: 1 min
FBI Director Christopher Wray has cited a potential conflict of interest in the site-selection process. Photo: elizabeth frantz/ReutersWASHINGTON—A government watchdog is launching an investigation into how the Biden administration chose a suburban Maryland site for the FBI’s new headquarters after Director Christopher Wray and Virginia lawmakers accused a political appointee of inappropriately interfering with the siting decision. Robert Erickson, acting inspector general for the General Services Administration, told lawmakers Thursday his office would immediately probe the decision to relocate the Federal Bureau of Investigation’s main campus to Greenbelt, Md., after a decadelong drama that engulfed the site-selection process.
Persons: Christopher Wray, elizabeth frantz, Biden, Robert Erickson Organizations: Reuters WASHINGTON, General Services Administration, Federal Bureau Locations: Maryland, Virginia, Investigation’s, Greenbelt, Md
"This is bullying," Santos said at a news conference outside the Capitol. His fellow Republicans have scheduled a vote on his expulsion on Friday. Santos survived one expulsion vote earlier this month, but faces longer odds this time. Santos declined to comment on that report, but said he was not wearing anything purchased with campaign funds. Santos predicted he would be forced out in Friday's vote and said he was proud of his record in Congress.
Persons: George Santos, Elizabeth Frantz, Representative George Santos, Santos, Jamaal Bowman, Bowman, Goldman Sachs, Makini Brice, Andy Sullivan, Susan Heavey, Scott Malone, Nick Zieminski, Jonathan Oatis Organizations: U.S . Rep, U.S, Capitol, REUTERS, Rights, Representative, Republicans, Congress, Democratic, U.S . Constitution, Representatives, New York University, Citigroup, Republican Party, White, Thomson Locations: Washington , U.S, Congress, New York City, New York, U.S ., Civil
CNN —For nearly a decade, US Coast Guard leaders have concealed a critical report that exposed racism, hazing, discrimination and sexual assault across the agency. That investigation found that serious misconduct had been ignored and, at times, covered up by high-ranking officials, allowing alleged offenders to rise within the ranks of the Coast Guard and other military branches. The Coast Guard said this week it had enacted or partially enacted 60 of 129 recommendations, including additional training and additional support services for victims. The Coast Guard did not comment on concerns that problems remain at the agency, or the statistics or examples cited by CNN. Yet to this day, none of the accused service members from her case have faced any consequences.
Persons: , Linda Fagan, , Admiral Linda Fagan, Bonnie Cash, Fagan, Kimberly Young, McLear, Bonnie Watson Coleman, ” Watson Coleman, Elizabeth Frantz, General, , “ We’ve, we’ve Organizations: CNN, US Coast Guard, Coast, Coast Guard, Trust, Homeland, Coast Guard Academy, US, Guard, Retired Coast Guard, Department of Homeland, Department of Homeland Security Locations: Black
[1/2] The office door of U.S. Rep. George Santos (R-NY) is seen the morning after two Democratic lawmakers moved to force a vote to expel Santos from the House of Representatives, on Capitol Hill in Washington, U.S., November 29, 2023. The motion requires a two-thirds majority in the House, which Republicans control by a narrow 222-213 majority. Republicans are divided on whether to expel Santos because he has not been convicted of a crime, the speaker said. The bipartisan Ethics Committee on Nov. 16 released a report on allegations that Santos committed campaign finance fraud. A vote on Nov. 1 to expel Santos failed because Republicans need Santos' seat to protect their narrow House majority, which empowers them to block much of Democratic President Joe Biden's legislative agenda.
Persons: George Santos, Santos, Elizabeth Frantz, Republican George Santos, Mike Johnson, Johnson, Hermes, Joe, Goldman Sachs, Katharine Jackson, Moira Warburton, Scott Malone, Andy Sullivan, Grant McCool, Jonathan Oatis Organizations: U.S . Rep, Democratic, Capitol, REUTERS, Rights, U.S . House, Republican, Justice Department, Citibank, New York University, Thomson Locations: U.S, Washington , U.S, New York City, New York, OnlyFans, Washington
The flags of the United States and India are displayed on the Eisenhower Executive Office Building at the White House in Washington, U.S., June 21, 2023. REUTERS/Elizabeth Frantz Acquire Licensing RightsNEW DELHI, Nov 29 (Reuters) - India will formally investigate security concerns aired by the United States in a warning to New Delhi about its links to a foiled plot to murder a Sikh separatist leader, the foreign ministry said on Wednesday. The Financial Times newspaper on Nov. 22 first reported the thwarted plot against Pannun in the United States. The White House said it was treating the issue with "utmost seriousness" and had raised it with India at the "seniormost levels". The foiled plot and the U.S. concerns were reported two months after Canada said it was looking at credible allegations linking Indian agents to the June murder of Hardeep Singh Nijjar, another Sikh separatist, in a Vancouver suburb.
Persons: Elizabeth Frantz, Biden, Gurpatwant Singh, Pannun, Hardeep Singh Nijjar, Narendra Modi's, Antony Blinken, Lloyd Austin, Sanjay Verma, India’s, Verma, Krishn Kaushik, Shivam Patel, Clarence Fernandez Organizations: Eisenhower, White, REUTERS, White House, Financial Times, U.S, Indian, Reuters, Defence, CTV, Thomson Locations: United States, India, Washington , U.S, DELHI, New Delhi, China, Delhi, U.S, Canada, Vancouver, . New Delhi, Canadian, Ottawa
U.S. Senate Majority Leader Chuck Schumer (D-NY) looks on, following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., November 28, 2023. "Today, too many Americans are exploiting arguments against Israel and leaping toward a virulent antisemitism. The normalization and intensifying of this rise in hate is the danger many Jewish people fear most," he wrote. The Senate leader planned to give a speech on antisemitism later on Wednesday. His comments came as the Senate planned to consider legislation including aid for Israel and Ukraine as soon as next week.
Persons: Chuck Schumer, Elizabeth Frantz, Schumer, Israel, she'd, Doina, Dan Wallis, Jonathan Oatis Organizations: U.S, Capitol, REUTERS, Rights, Democrat, New York Times, Senate, Defamation League, Jewish, New York City's Queens, Israel, Democratic, Thomson Locations: Washington , U.S, U.S, Gaza, Israel, Ukraine, United States, New York, New York City's
WASHINGTON, Nov 29 (Reuters) - The U.S. House of Representatives is expected to vote on Friday on whether to expel scandal-plagued Republican George Santos, who faces criminal corruption charges and new accusations that he misspent campaign money, according to Republican aides. The motion requires a two-thirds majority in the House, which Republicans control by a narrow 222-213 majority. Santos' district, which includes a small slice of New York City and some of its eastern suburbs, is seen as competitive. The bipartisan Ethics Committee on Nov. 16 released a report on allegations that Santos committed campaign finance fraud. A vote on Nov. 1 to expel Santos failed because Republicans need Santos' seat to protect their narrow House majority, which empowers them to block much of Democratic President Joe Biden's legislative agenda.
Persons: Republican George Santos, Santos, Mike Johnson, Johnson, George Santos, Elizabeth Frantz, Hermes, Joe, Goldman Sachs, Katharine Jackson, Makini Brice, Scott Malone, Andy Sullivan, Grant McCool, Jonathan Oatis, Daniel Wallis Organizations: U.S . House, Republican, U.S . Rep, U.S, Capitol, Democratic, Representatives, REUTERS, Justice Department, Citibank, New York University, Thomson Locations: New York City, New York, Washington , U.S, OnlyFans
The growth pace, which was the quickest in nearly two years, however, likely exaggerated the health of the economy last quarter. Economists polled by Reuters had expected GDP growth would be revised up to a 5.0% rate. Inventory investment added 1.40 percentage points to GDP growth, instead of the 1.32 percentage points estimated last month. Higher wages contributed to the economy growing at a 1.5% rate last quarter, the fastest in a year, when measured from the income side. That suggested trade could be a drag on GDP growth this quarter after being a neutral factor in the April-June period.
Persons: Elizabeth Frantz, Christopher Rupkey, There's, Conrad DeQuadros, Jeffrey Roach, Lucia Mutikani, Chizu Nomiyama, Paul Simao, Andrea Ricci Organizations: REUTERS, Commerce Department, Gross, Commerce Department's, Analysis, Reuters, Federal, United Auto Workers, Treasury, Brean, BEA, Fed, LPL Financial, Thomson Locations: Arlington , Virginia, U.S, WASHINGTON, New York, Charlotte , North Carolina
U.S. Senate Majority Leader Chuck Schumer (D-NY) looks on, following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., November 28, 2023. "To us, the Jewish people, the rise in antisemitism is a crisis. A five-alarm fire that must be extinguished," Schumer said in an emotional, 40-minute Senate speech. Immediately after the speech, Senate Republican Leader Mitch McConnell, who often jousts with Schumer over the events of the day, praised his remarks, saying, "I stand with him in condemning this hatred." Schumer cited boycotts and vandalism against Jewish-owned businesses "that have nothing to do with Israel" and Jewish students being harassed and assaulted on college campuses.
Persons: Chuck Schumer, Elizabeth Frantz, Schumer, Mitch McConnell, Israel, Doina Chiacu, Richard Cowan, Dan Wallis, Jonathan Oatis Organizations: U.S, Capitol, REUTERS, Rights, Democrat, Jewish, Republican, Defamation League, FBI, New York Police Department, New York Times, Times, Democratic, Thomson Locations: Washington , U.S, Israel, United States, Ukraine, U.S, Gaza
The quickest growth pace in nearly two years reported by the Commerce Department on Wednesday, however, likely exaggerated the health of the economy last quarter. Economists polled by Reuters had expected GDP growth would be revised up to a 5.0% rate. The upward revision to growth last quarter reflected upgrades to business investment on structures, mostly warehouses and healthcare facilities. Inventory investment added 1.40 percentage points to GDP growth. Profits rose at a 0.8% rate in the second quarter.
Persons: Elizabeth Frantz, Christopher Rupkey, There's, Gregory Daco, Jeffrey Roach, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: REUTERS, WASHINGTON, Commerce Department, Gross, Commerce Department's, Reuters, Federal, United Auto Workers, Treasury, Federal Reserve, Fed, LPL Financial, Thomson Locations: Arlington , Virginia, U.S, New York, EY, Charlotte , North Carolina
IMF, World Bank and BIS in first 'tokenisation' collaboration
  + stars: | 2023-11-28 | by ( ) www.reuters.com   time to read: +2 min
Cecilia Skingsley attends a session on central bank digital currencies at the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 14, 2022. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - Three of the world's cornerstone institutions - the International Monetary Fund, the World Bank and the Bank for International Settlements - are to work together for the first time to "tokenise" some of the financial instruments that underpin their global work, a BIS official said on Tuesday. The trio will also work with Switzerland's central bank which has been pioneering tokenisation, the process of turning conventional assets into uniquely coded "tokens" that can be used in faster new systems. Their collaboration will initially focus on simple but still paper-based processes such as when richer countries donate into some of the World Bank's funds to support poorer parts of the world. She also touched on the new breed of central bank digital currencies (CBDCs), repeating calls for some global rules and technology standards so they can work across the world and with existing payment systems.
Persons: Cecilia Skingsley, Elizabeth Frantz, Skingsley, Marc Jones, Matthew Lewis Organizations: International Monetary Fund, World Bank, REUTERS, Bank for International, BIS, Atlantic Council, Thomson Locations: Washington , U.S, Washington, London
U.S. Rep. George Santos (R-NY) leaves the Capitol after a series of votes, in Washington, U.S., November 15, 2023. The motion requires a two-thirds majority in the House, which Republicans control by a narrow 221-213 majority. Democrats Robert Garcia and Dan Goldman, the lawmakers who filed Tuesday's resolution, introduced resolutions to expel Santos earlier this year that were referred to the House of Representatives Ethics Committee. Santos survived a vote to oust him on Nov. 1, but on Nov. 16, following a scathing report by the Republican-majority Ethics Committee, its chairman, Michael Guest, filed his own motion to expel Santos. If expelled, Santos would be only the sixth lawmaker to be ousted by a vote of the House.
Persons: George Santos, Elizabeth Frantz, Santos, Robert Garcia, Dan Goldman, Michael Guest, Hermes, Makini Brice, Moira Warbuton, Scott Malone, Grant McCool Organizations: Rep, REUTERS, Rights, . House Democratic, Republican, Capitol, Justice Department, Thomson Locations: Washington , U.S, New York City, New York, OnlyFans
Here's what you need to know:WHAT ARE CARBON OFFSETS? Supporters of carbon offsets see them as key means to help meet these goals. At the COP26 climate summit in Glasgow, negotiators reached a breakthrough agreement to regulate trading of carbon credits, in schemes first envisioned in Article 6 of the 2015 Paris Agreement. Separate from the offsets trading envisioned under the Paris Agreement, there are two existing types of carbon markets – compliance and voluntary. It is not yet clear how various existing carbon markets might play into the U.N.-run trading scheme, which also would depend on national laws.
Persons: Chris Pryor, Elizabeth Frantz, WHAT'S, Marco Berg, Gilles Dufrasne, IETA, Jake Spring, Kate Abnett, Susanna Twidale, Katy Daigle, Josie Kao Organizations: New England Forestry Foundation, REUTERS, KliK Foundation, BE, Carbon Market Watch, Compliance, European Union, London Stock Exchange Group, Thomson Locations: New, Hersey, New Hampton , New Hampshire, U.S, Glasgow, Paris, U.S ., California
[1/3] An employee hiring sign is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. So far, he said at a Boston Fed labor market conference earlier this month, measures like the employment-to-population ratio largely have not behaved differently for key racial groups, for women versus men, or among those with different education levels. Research has since tended to suggest that there may be untapped pools of labor that only become available when the job market is tight - an argument for keeping monetary policy looser than not. The labor market recovery so far has been "remarkably equitable," she said. Pandemic-era programs threw a safety net under many families, and the tight job market that has since developed helped many get a foothold, Rouse said.
Persons: Elizabeth Frantz, William M, Rodgers III, Rodgers, Torsten Slok, Jerome Powell, quartile, Chris Wheat, Cecilia Rouse, Joe Biden, Rouse, what's, we're, Howard Schneider, Dan Burns, Paul Simao Organizations: REUTERS, Rights, Institute for Economic Equity, St, Louis Federal Reserve, Boston Fed, Blacks, Apollo Global Management, JPMorgan Chase Institute, Workers, Reuters Graphics, of Economic Advisers, Brookings Institution, Thomson Locations: Arlington , Virginia, U.S, joblessness
OpenAI CEO Sam Altman testifies before a Senate Judiciary Privacy, Technology & the Law Subcommittee hearing titled 'Oversight of A.I. But on Friday it was the earnest Altman who was upended after OpenAI’s board, in a surprise move, stripped him of his CEO title and directorship. Directors of the company, now worth about $80 billion, cited a failure to be "consistently candid in his communications." Further details of what finally led to the ouster of Altman were not immediately clear Friday. “You and a small group of rebels get the space to solve an important problem that might otherwise not get solved."
Persons: Sam Altman, Elizabeth Frantz, Sam Altman’s, Altman, Elon Musk’s, , what’s, ” Altman, Satya Nadella, OpenAI, , Greg Bensinger, Diane Craft Organizations: Privacy, Technology, Intelligence, REUTERS, Microsoft, Wednesday, Google, Stanford, Thomson Locations: Washington , U.S, OpenAI, San Francisco, St, Louis , Missouri
The House Ethics Committee said it found evidence that New York Rep. George Santos “blatantly” stole money from his campaign, prompting the lawmaker to say he won’t seek re-election in 2024. Photo: Elizabeth Frantz/ReutersWASHINGTON—The House Ethics Committee said Thursday that it found substantial evidence that Rep. George Santos (R., N.Y.) stole money from his campaign and committed other misdeeds, igniting new calls for his immediate expulsion by colleagues and prompting the embattled lawmaker to say he won’t run for re-election. “Representative Santos sought to fraudulently exploit every aspect of his House candidacy for his own personal financial profit” and “blatantly stole from his campaign,” the committee’s report said. The committee said Santos’s conduct “warrants public condemnation, is beneath the dignity of the office, and has brought severe discredit upon the House.”
Persons: George Santos “, Elizabeth Frantz, George Santos, Santos, , Organizations: New York Rep, Reuters WASHINGTON, Locations: N.Y
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