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New York CNN —There’s a popular idea in political discourse known as the horseshoe theory. The idea is that if you map ideologies on a horseshoe-shaped spectrum, the far right and the far left are actually more closely aligned than the centrists on either side. Missouri Republican Sen. Josh Hawley is another young buck (44 is the new 24 in Congress) who’s all-in on Trump and positioning himself as an advocate for workers. “Pro-worker is raising the minimum wage, ensuring people get overtime, supporting paid sick and family leave,” Terri Gerstein, the Director of the NYU Wagner Labor Initiative, told CNN. “Playacting as working class by dressing up in jeans and acting aggrieved doesn’t do anything for real working people who are struggling.”
Persons: CNN Business ’, New York CNN —, we’ve, Ohio Republican Sen, JD Vance, , Donald Trump’s, Vance, Reagan, Lina Khan, Biden, ” Vance, Wall, Massachusetts Democratic Sen, Elizabeth Warren, New York Times ’ Ross, Bernie Bros, ” Vance isn’t, Missouri Republican Sen, Josh Hawley, who’s, Hawley, , Democrats –, , Rupert Murdoch, Ken Griffin, Trump, Liz Shuler, “ Sen, he’s, ” Terri Gerstein, NYU Wagner, “ Playacting Organizations: CNN Business, New York CNN, Ohio Republican, Yale, Silicon, Massachusetts Democratic, New York Times, GOP, Missouri Republican, Trump, Democrats, Time, ” Media, Washington Post, AFL, , NYU, NYU Wagner Labor Initiative, CNN Locations: New York, Silicon Valley, Massachusetts, American
But the race between Vance and Ryan remained extremely competitive until the end, even as other statewide Republicans had easy victories that year. While Vance won the race that November, the extent of his struggles was on full display on election night. AdvertisementRyan was undoubtedly a strong candidate, but Vance's underperformance relative to other Ohio Republicans was quite stark. But in urban and suburban communities across Ohio, Vance was swamped by Ryan in the Senate race. In the Cincinnati area, where Vance lives, Ryan won populous Hamilton County by nearly 16 points.
Persons: , Donald Trump, Sen, JD Vance, Vance, Trump, Tim Ryan, Ryan, Ohioan Sen, Sherrod Brown, Joe Biden, Mike DeWine, Dayton Mayor Nan Whaley, Dave Yost, Frank LaRose, DeWine's coattails, Ukraine — Vance, Roe, Wade —, Mitch McConnell of, John Thune of, Republicans aren't Organizations: Service, Ohio Republican, GOP, Democratic, Business, Republicans, Democrats, Ohio, Buckeye State, Republican, Dayton Mayor, Ohio Republicans, Independents, Senate, Ukraine Locations: Ohio, Mahoning, Michigan , Wisconsin, Pennsylvania, exurban, Cincinnati, Hamilton County, Franklin County, Columbus, Cuyahoga County, Cleveland, The Ohio, Ukraine, Sens, Mitch McConnell of Kentucky, John Thune of South Dakota, Trump, Rust
Vance flew to San Francisco to hold a fund-raiser for Donald J. Trump and to host a private dinner afterward with two dozen tech and crypto executives and investors. The location was the opulent Pacific Heights mansion of David Sacks, an entrepreneur and podcaster whom Mr. Vance had met through the tech investor Peter Thiel. Mr. Vance, now 39 years old, had worked for one of Mr. Thiel’s investment firms in San Francisco in 2016. During the $300,000-a-person dinner that night, Mr. Trump, seated between Mr. Sacks and another tech investor, Chamath Palihapitiya, informally polled the room about whom to choose as his running mate. Even with another vice-presidential hopeful, Doug Burgum, the governor of North Dakota, in attendance, Mr. Sacks, Mr. Palihapitiya and others all had the same answer: Pick Mr. Vance, they told Mr. Trump, according to two people with knowledge of the exchange.
Persons: Vance, Donald J, David Sacks, Peter Thiel, Trump, Sacks, Chamath Palihapitiya, Doug Burgum, Palihapitiya Organizations: Trump Locations: San Francisco, North Dakota
Senator J.D. Portraying himself as a child of Appalachia with a deep appreciation for the “grit in the American heartland,” Mr. Vance effectively framed his nomination as one for Mr. Trump’s white, working-class political base. He said he would be guided by the lessons learned from “Mamaw,” his deeply religious, foul-mouthed grandmother who raised him, and the memories of the friends and acquaintances from his old neighborhood who died of drug overdoses. “I pledge to every American, no matter your party, I will give everything I have,” Mr. Vance said. “To serve you and to make this country a place where every dream you have for yourself, your family and your country will be possible once again.”
Persons: J.D, Vance, Donald J, , Mr, Organizations: Republican National Convention Locations: Ohio, Washington, Appalachia
J.D. Vance’s A.I. Agenda: Reduce Regulation
  + stars: | 2024-07-17 | by ( Cecilia Kang | ) www.nytimes.com   time to read: +1 min
Vance, Republican of Ohio, is a strong skeptic of regulating artificial intelligence. He’s also in favor of reining in Big Tech, companies he says have grown so powerful that they stymie smaller companies’ ability to succeed. That seeming contradiction could play a role in shaping the Trump administration’s stance on A.I. And he has strong ties with some of the tech industry’s most powerful backers, many of whom fund smaller A.I. Last week, during a committee hearing on privacy and A.I., Mr. Vance accused Big Tech companies of predicting that A.I.
Persons: J.D, Vance, He’s, Donald J, Trump, Vance —, , Lina Khan Organizations: Republican, reining, Federal Trade Commission, Big Tech Locations: Ohio, Big Tech
Read previewUsha Vance's classmates at Yale Law School didn't know much about her politics. Less obvious, however, is Usha Vance's political orientation and relationship to the newfound national spotlight. In 2022, two colleagues at the firm described Usha Vance as liberal or moderate to The Times. When JD Vance was himself running for Senate, Usha Vance appeared in his very first campaign ad, sitting in front of a bookshelf and talking about their three children. AdvertisementWhile Usha Vance's political orientations and interest in life as a national figure remain foggy, her devotion to her husband has seemed strong since her days at Yale Law School.
Persons: , Usha Vance's, Yale Law School didn't, Marvin Lim, Usha, Elliot Forhan, Usha Chilukuri, JD Vance, Lim, Usha Vance, Vikram Rao, Gabriel Winant, Vance's spokespeople, Vance, SCOTUS Brett Kavanaugh, John Roberts, Munger, Olson, Blake Masters, Vance hasn't Organizations: Service, Yale Law School, Democrat, Business, New York Times, Times, Yale, Cambridge, The Times, Tolles, GOP, American, Newsmax, Fox & Friends, JD, Republican, Convention Locations: Georgia, Ohio, San Diego, Arizona
Thiel went on to cofound Founders Fund, a venture capital firm that has helped launch companies like SpaceX and Airbnb. Thiel's also a partner of Founders Fund, a venture capital fund based in San Francisco. After facilitating talks between Trump and now Sen. JD Vance, Thiel gave a record-breaking $15 million to Vance's campaign, the largest donation ever given to a single senate candidate. Thiel later told The Atlantic he was taking a break from politics. While his and Trump's relationship has reportedly soured, Trump's recent announcement of Vance as his vice president pick has put Thiel back to playing kingmaker.
Persons: Thiel, Chip Somodevilla, Thiel's, Donald Trump, Hulk, Sen, JD Vance, Vance, kingmaker Organizations: cofound, Fund, SpaceX, Airbnb, Getty, Thiel, Bloomberg, Facebook, LinkedIn, Founders Fund, Gawker Media, Gawker, Trump, Business Locations: San Francisco
Vance Will Introduce Himself to American Voters
  + stars: | 2024-07-17 | by ( Matthew Cullen | ) www.nytimes.com   time to read: +1 min
Vance is 39 years old and has spent just 18 months as the junior senator from Ohio; he had never even attended a national political convention before this year. But tonight, the newly minted Republican vice-presidential nominee will introduce himself to millions of Americans as one of the party’s most powerful figures. You can expect Vance to use the prime-time address to tell his personal story, our political correspondent Michael Bender told me. So far, Vance has received a mostly warm welcome in Milwaukee, where the party’s convention is in its third day. “We’re at a moment in time right now where Trump can do no wrong in the party’s eyes,” Michael said.
Persons: Vance, Michael Bender, Donald Trump, , ” Michael, ” Vance —, Organizations: Marine Corps, Yale Law School, Trump, Senate Locations: Ohio, Milwaukee
Vance did his initial walk-through of the Republican National Convention stage this week after he was named Donald J. Trump’s running mate, the Ohio senator was joined not just by aides and event organizers. He was accompanied by a man who had pushed behind the scenes as hard as almost anyone to put him on the ticket in the first place: Donald Trump Jr. When they each deliver a prime-time address on Wednesday night, the moment will mark not only Mr. Vance’s national debut but the unquestioned arrival of Donald Trump Jr. as a political force to be reckoned with in his own right. The younger Mr. Trump is now the rarest of political creatures: a top confidant not only to the Republican presidential nominee but also the vice-presidential nominee. Soon after Mr. Vance got the call from the former president that he would be on the ticket, one of the first outbound calls he made was to the younger Mr. Trump to thank him for his help, according to a person with knowledge of the call.
Persons: J.D, Vance, Donald J, Donald Trump Jr, Trump Organizations: Republican National Convention, Republican Locations: Ohio
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Read previewOhio Sen. JD Vance, former President Donald Trump's VP pick, has made his hawkish views on immigration central to his transformed political persona. In the past, Vance has also blamed the housing affordability crisis largely on high interest rates. AdvertisementThe Trump-Vance housing policy recordTrump hasn't talked much about housing policy on the campaign trail, despite arguing that Biden hasn't done enough to control housing costs. AdvertisementTrump doesn't support upzoning to legalize denser housing construction in low-density neighborhoods — a key part of the solution to the housing supply shortage, according to experts. He claimed Biden wanted to "abolish" the suburbs by encouraging more affordable housing construction.
Persons: , Ohio Sen, JD Vance, Donald Trump's, Vance, Trump, Biden, Trump's, hasn't Organizations: Service, Business, NPR, Department of Housing, Urban Development, Center, Budget, HUD, Trump Locations: Ohio, Mexican
At the outset of Christopher Marlowe’s late 16th-century play “The Tragical History of Dr. Faustus,” the scholar at the center of the tale abandons all the learning he has mastered. Law, philosophy, medicine — none of these have fulfilled his boundless ambition. Vance of Ohio, who on Monday was offered and accepted the invitation to be Donald Trump’s running mate. What he has renounced in the process is in the public record for all to see. Mr. Trump’s White House tenure, he said, had changed his mind, but it’s hard to take the senator entirely at his word.
Persons: Christopher Marlowe’s, Dr, Faustus, , ” —, J.D, Vance of Ohio, Donald Trump’s, Vance, Trump, Hitler, Trump’s Organizations: Republican
Following the horrific shooting at the Pennsylvania rally, Trump and his campaign team have been talking about calling for unity and saying they’re going to focus more on that. Vance is not a unity pick. He is not who you would reach for if you were really trying to bring together lots of different pieces of the electorate. He tends to be a partisan, feisty figure, so I will be interested to see how they balance these things in his speech. I’m watching it on TV, like God intended.
Persons: Trump, Vance, Isaac Jones Organizations: Pennsylvania Locations: Milwaukee
Ethereum co-creator Vitalik Buterin on Wednesday cautioned against voting for political candidates based solely on whether they have adopted a "pro-crypto" stance. The best example of this is, predictably, modern Russia," added Buterin, a Russia-born coder who built ethereum in his late teens. Buterin did not single out any names in his post of either political candidates, or of those opting to support them. It comes in stark contrast to the Joe Biden White House, which has been seen as hard on crypto. However, the perception that Biden is anti-crypto and Trump is pro-crypto has some Biden allies concerned enough to take their case directly to senior White House officials.
Persons: Ethereum, Vitalik Buterin, Buterin, Putin, Donald Trump, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Donald Trump's, Ben, Marc Show, Horowitz, Joe Biden, They've, They're, Andreesen Horowitz, Coinbase, coder, Tesla, Elon Musk, Peter Thiel, Tyler, Cameron Winklevoss, Trump, , Sen, Elizabeth Warren, bitcoiners, JD Vance, Vance, Biden Organizations: Republican National Convention, U.S . Securities, Exchange Commission, Federal Deposit Insurance Corporation, Trump, Trump —, solana, Internal Revenue Service, Libertarian National Convention, Republican, Joe Biden White, SEC, Biden, White House Locations: Milwaukee, U.S, Russia, San Francisco, Washington, Mar, Nashville , Tennessee
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe'll return to more 'normal profits' in small caps when rates lower, says Charles BobrinskoyCharles Bobrinskoy, Ariel Investments vice chairman, joins CNBC's 'The Exchange' to discuss opportunities outside of semis, whether the small cap trade will hold value in the long term, and the market impacts of a potential Trump-Vance administration.
Persons: Charles Bobrinskoy Charles Bobrinskoy, Ariel, Vance Organizations: Trump
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVice President candidate Sen. J.D. Vance speaks at Republican National ConventionSen. J.D. Vance, Vice President candidate, speaks at the Republican National Convention after being named Trump's running mate.
Persons: Sen, J.D, Vance, Republican National Convention Sen Organizations: Republican National Convention, Republican, Convention
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJ.D. Vance's wife, Usha Vance, introduces her husband at Republican National ConventionUsha Vance, wife of Vice President candidate J.D. Vance, speaks at the Republican National Convention in Milwaukee, WI.
Persons: Usha Vance, J.D, Vance Organizations: Republican, Republican National Convention Locations: Milwaukee , WI
There’s No Zealot Like a Trump Convert
  + stars: | 2024-07-17 | by ( Jess Bidgood | ) www.nytimes.com   time to read: +1 min
Today, I’m looking at how the Republican National Convention has become a conversion story. His long history of disparaging Trump, whom he has called an “idiot” and “cultural heroin,” does not make him less suited for elevation within his party. Rather, it makes him a better avatar for the tale Trump wants to tell. Vance is a political convert, whose remaking of himself and his political image in order to thrive in Trump’s Republican Party proves and reinforces Trump’s power. And he will serve as a capstone for a convention that has been a conversion story unto itself.
Persons: J.D, Vance of Ohio, Donald Trump, Trump, , Vance Organizations: Republican National Convention, Republicans, Republican Party Locations: Milwaukee
Greg Landsman is interviewed in his Longworth Building office, Washington D.C., on November 3. Tom Williams/CQ-Roll Call, Inc/Getty ImagesThe assassination attempt on Donald Trump “overtook” conversations about whether President Joe Biden should drop out of the presidential race, Democratic Rep. Greg Landsman of Ohio said on CNN Tuesday. On “CNN This Morning” Tuesday, Kasie Hunt asked Landsman, “Are you ready to tell President Biden that you think he should step aside?”“No. First and foremost, what we all witnessed on Saturday was this, an attempted assassination on … former President Trump’s life,” Landsman responded. “My concerns about the president’s ability to make this case against Donald Trump, I’ve expressed those concerns to leadership,” Landsman said.
Persons: Greg Landsman, Tom Williams, Donald Trump “, Joe Biden, Ohio, Landsman, , Biden, Donald Trump, Kasie Hunt, , Trump’s, ” Landsman, I’ve, Hunt, JD Vance, Vance’s, Trump Organizations: Washington D.C, Democratic, CNN, Democratic Congressional, Democrats Locations: Washington, Ohio
J.D. Vance’s Chance
  + stars: | 2024-07-16 | by ( Michael C. Bender | ) www.nytimes.com   time to read: +1 min
Trump chose Senator J.D. With Vance’s hardscrabble upbringing and Trump-aligned ideology, the senator is Trump’s attempt to appeal to those voters. Instead of balancing the ticket with someone who could expand Trump’s appeal to new voters, Trump has anointed the senator as the future of the Republican Party. The party that Trump took over in 2016 — one guided by establishmentarians like Mitt Romney, Paul Ryan and John McCain — is now unrecognizable. (As an author and private citizen, Vance said in 2016 that Trump might be “America’s Hitler.” Later, as he ran for office, the Ohioan embraced Trumpism.)
Persons: Donald Trump, he’s, Trump, J.D, Vance of Ohio, Vance’s, Vance, MAGA, establishmentarians, Mitt Romney, Paul Ryan, John McCain —, Hitler Organizations: Republican Party, Republicans Locations: Trumpism
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow record highThe Dow Jones Industrial Average closed at an all-time high after former President Donald Trump survived an assassination attempt. Trump lauded at RNCFormer President Donald Trump was cheered and celebrated at the Republican National Convention in Milwaukee, his first appearance since an assassination attempt at a Pennsylvania rally. [PRO] 'Super 8'UBS has updated its "Super 8" list of top Asian tech stocks, seen as alternatives to the US "Magnificent Seven."
Persons: Donald Trump, Russell, Jerome Powell, Trump, JD Vance, Ohio, Elon Musk, Powell, you've, Larry Fink, Fink, bitcoin, CNBC's, Donald Trump's Organizations: CNBC, Dow, Dow Jones, Nasdaq, Treasury, Federal, RNC, Republican National Convention, Sporting, Trump, BlackRock, CSI, Nikkei, UBS Locations: U.S, Milwaukee, Pennsylvania, Asia, Pacific, China, Hong
Read previewThe wife of Corey Comperatore, the man who was killed during the assassination attempt on former President Donald Trump, told The New York Post in an interview on Monday that the former president had not yet contacted her since the shooting on Saturday. Corey Comperatore, a 50-year-old former fire chief from Pennsylvania, was a supporter of Trump and attended the rally with his wife and daughters. Helen Comperatore told the outlet that, at that point, she had not heard from Trump. Helen Comperatore told the Post her family did receive a call from President Joe Biden, but that she did not speak with him. She told the Post she is voting for Trump but that she is not very involved in politics.
Persons: , Corey Comperatore, Donald Trump, Helen Comperatore, Trump, Biden, Sen, JD Vance, Ohio, Joe Biden, Vance Organizations: Service, New York, Trump, Business, The New York, United States Secret Service, Republican National Committee, GOP, Republican, FBI Locations: Pennsylvania, Trump, Butler , Pennsylvania, Milwaukee
Vance as his running mate and a possible successor to lead the “Make America Great Again” movement. The 39-year-old served in Iraq and later went to Yale Law School, where he met his wife, Usha Vance. (She resigned from her role as a trial lawyer at Munger Tolles & Olson after Vance joined the ticket.) Vance rose to national prominence after publishing the best-selling memoir “Hillbilly Elegy.” He worked at Mithril Capital Management, a venture capital firm co-founded by Peter Thiel, and Steve Case’s Revolution. Vance is close to the libertarian wing of the tech industry.
Persons: Donald Trump, Vance, He’s, , he’s, Usha Vance, Olson, Peter Thiel, Steve Case’s, Thiel, Eric Schmidt, Marc Andreessen, David Sacks Organizations: Trump, Yale Law School, Mithril Capital Management, Ohio Senate, Republican National Convention Locations: Iraq, Munger, Silicon, Ohio
"I didn't mean — I didn't say cross-hairs. At several points in the interview, Biden expressed frustration with how the media has covered Trump. 28 times, it's confirmed, he lied in that debate," Biden said. At the end of the interview, Biden asked Holt to come and talk to him sometime about "what we should be talking about." Similarly, in that interview, Biden was soft-spoken and misspoke at times.
Persons: , Joe Biden, there's, Biden, NBC News's Lester Holt, Donald Trump, he's, Trump, Holt, Nancy Pelosi's, it's, Sen, JD Vance, Ohio, Vance Organizations: Service, NBC, White, Business, Trump, Democratic Rep, CNN, GOP, Biden Locations: America, Milwaukee
“I fully endorse President Trump and hope for his rapid recovery,” Mr. Musk wrote on X, the social media platform he owns, sharing a video of Mr. Trump raising his fist. In more than 100 posts after the shooting, Mr. Musk further stepped up his political speech. And on Monday, after Mr. Trump announced that Senator J.D. Vance of Ohio would be his Republican running mate, Mr. Musk posted congratulations and said it was an “excellent decision by @realDonaldTrump.”With those moves, Mr. Musk, 53, entered uncharted territory. He broke with tradition set by the leaders of other major social media firms, none of whom have endorsed a presidential candidate.
Persons: Donald J, Trump, Elon Musk, , Mr, Musk, J.D, Vance of, @realDonaldTrump Organizations: White, Republican Locations: Pennsylvania, Vance of Ohio
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