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“President Trump is going to hit the Justice Department with a blowtorch, and Matt Gaetz is that torch,” Steve Bannon, Trump’s former White House strategist, told NBC News. Sen. Lisa Murkowski, R-Alaska, said she didn't think Gaetz was "a serious nomination for the attorney general." From bitter experience, Trump knows that he needs an attorney general he can trust implicitly, and it might be worth the political capital to battle for Gaetz's confirmation. Little happened in Trump’s first term that angered him as much as Attorney General Jeff Sessions’ decision to recuse himself and appoint a special counsel to investigate whether there were links between his 2016 campaign and Russia. In Gaetz, Trump would get an attorney general who has said Trump won the election that year, as well as an iconoclast who shares his willingness to upset the status quo.

Persons: Donald Trump, Trump, Matt Gaetz, Steve Bannon, Trump’s, Pete Hegseth, Tulsi Gabbard, Tom Homan, Kristi Noem, Mount Rushmore, James Mattis, Mattis, John Kelly, Kelly, who'd, Hegseth, Donald J, ”, Max Stier, Gaetz, Kamala Harris, Sen, Lisa Murkowski, Kevin Cramer, Jeff Sessions, I’m, ” Trump, Robert Mueller, William Barr Organizations: WASHINGTON, Justice Department, Defense, Justice, White, Department, White House, NBC News, Fox News, Democrat, Trump, South Dakota Gov, National Guard, Partnership for Public Service, Senate, Republicans, FBI, CDC, ATF, DOJ, NBC, Washington Locations: Afghanistan, Iraq, Alaska, Russia

☆ Trump victory may give TikTok a lifeline to remain in the U.S.
▼ + stars: | 2024-11-14 | by ( Jonathan Vanian | Jonathan Vanian Is A Technology Reporter For Cnbc.Com | ) www.nbcnews.com time to read: +6 min

In April, President Joe Biden signed a law that requires China’s ByteDance to sell TikTok by Jan. 19. Although both Republicans and Democrats supported the Biden TikTok ban in April, Trump voiced opposition to the ban during his candidacy. At TikTok, meanwhile, Chew has remained quiet since Trump’s victory, just as he had been in the lead-up to Election Day. In his March interview with “Squawk Box,” Trump said Meta, which owns Facebook and Instagram, posed a much bigger problem than TikTok. Since launching his TikTok account in June, Trump has amassed over 14 million followers.

Persons: Donald Trump, Tim Cook, Meta’s Mark Zuckerberg, Jeff Bezos, Shou Zi Chew, Joe Biden, Jan, Trump’s, Trump, CNBC’s, “, Kamala Harris, “ We’re, Trump hasn’t, Vance, Karoline Leavitt, ” Leavitt, TikTok, Jeff Yass, Sarah Kreps, Chew, Long Le, Le, “ He’s, ” Le, ” TikTok, ” Trump, ”, Mark Zuckerberg, Cornell’s Kreps, Zuckerberg, ” Kreps, ” Meta, Milton Mueller, ” Mueller, Sen, Rand Paul, “ They’re, he’s Organizations: U.S, U.S ., Apple, Google, White, Democrats, Biden, Trump, Democratic, CNBC, Republican, Susquehanna International Group, NBC, Cornell University, Santa Clara University, Facebook, Meta, Georgia Tech’s School of Public Locations: U.S, Chew, TikTok, ByteDance, Yass, China, Ky

"OMG," a current senior Justice Department official said. Another Justice Department employee said, "I’m struggling to find words." "And look, he is uniquely qualified," that Justice Department official said, snarkily. A current senior Justice Department official "did not see this coming," while another called it "absolutely unbelievable." A former senior Justice Department official, meanwhile, said in a text message Gaetz's selection "cannot be real."

Persons: Donald Trump's, Matt Gaetz —, ” Gaetz, ”, Gaetz, I’m, Kevin Dietsch, Ray Epps, Brandon Straka, “, Trump, Matt, ” Said Organizations: WASHINGTON, Justice Department, Trump, FBI, Department, Justice, U.S . Capitol, Republican National Committee, Democratic National Committee, Senate, Department of Justice Locations: Florida, United States, Pennsylvania

Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, has said that he believes women should not serve in combat and that he wants to see the military purged of “woke” officials who support diversity, equity and inclusion initiatives. Neither Fox News nor Trump’s transition team immediately responded to requests for comment about Hegseth’s on-air remarks about the military. Hegseth was an Army National Guard infantry officer, serving tours in Afghanistan and Iraq and at Guantánamo Bay, Cuba. “I’m straight up just saying that we should not have women in combat roles,” Hegseth said on the podcast. “Who?” Sen. Bill Cassidy, R-La., said on Capitol Hill when he was asked Tuesday evening about Trump’s picking Hegseth.

Persons: Pete Hegseth, Donald Trump’s, “, ”, Trump’s, Hegseth, Trump, Pete, Shawn Ryan, CQ Brown, ” Hegseth, hasn’t, Qassam, Edward Gallagher, “ They’re, Gallagher, Richard Spencer, Daniel Penny, Penny, Jeffrey Prosperie, ” Prosperie, Matt Gaetz, Sen, Marco Rubio, Democrat Tulsi Gabbard, I’m, he’s, Gretchen Carlson, Hegseth’s, Brian Kilmeade, ” Sen, Bill Cassidy, “ I’m, Mike Rounds Organizations: Fox News, Trump, “ Fox & Friends, Fox, Army National Guard, Defense Department, Joint Chiefs of Staff, Air Force, Pentagon, U.S, Navy SEAL, Marine, Associated Press, Democrat, Weekend Fox, Defense, Friends, Hegseth’s Fox News, Senate, Capitol Locations: America, Afghanistan, Iraq, Guantánamo Bay, Cuba, U.S, Iran, New York City, Marco Rubio of Florida

☆ Matt Gaetz, Trump’s pick for attorney general, had been a subject of a sex trafficking investigation
▼ + stars: | 2024-11-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Tom_Winter_Nbc_News.Jpg | Tom Winter | ) www.nbcnews.com time to read: +4 min

Matt Gaetz, President-elect Donald Trump’s pick to run the Justice Department, has previously been investigated over allegations of sex trafficking of a 17-year-old girl — a federal probe that ultimately did not yield criminal charges. Rep. Matt Gaetz, R-Fla., at the Republican National Convention in Milwaukee on July 16. Greenberg pleaded guilty in May 2021 to several crimes, including the sex trafficking of a 17-year-old girl. Stephen Alford, 62, of Fort Walton Beach, Florida, said he could help the Matt Gaetz secure a presidential pardon, authorities said. Matt Gaetz has said the allegations stemmed from the extortion plot.

Persons: Matt Gaetz, Donald Trump’s, Gaetz, “, ”, Angela Weiss, ’, Joel Micah Greenberg, Gaetz’s, Greenberg, scoffed, Don Gaetz, Stephen Alford, Alford, Robert Levinson, Matt Gaetz’s, Biden, Joe Biden, ” “, ” Gaetz Organizations: Justice Department, Capitol, Justice, DOJ, Republican National Convention, Getty, NBC News, “, Politico, Gaetz, FBI, Fort Walton Locations: Florida, Milwaukee, Bahamas, Seminole County , Florida, Fort, Fort Walton Beach , Florida, Iran

WASHINGTON — A triumphant President-elect Donald Trump huddled with House Republicans before their leadership elections Wednesday and threw his support behind Speaker Mike Johnson, a key ally, as the GOP prepares for unified control of government next year. Trump, the 45th and future 47th president, got multiple standing ovations from rank-and-file Republicans at the meeting. After the event with Republicans, Trump headed to the White House for a meeting with President Joe Biden. House Appropriations Committee Chairman Tom Cole, R-Okla., said Trump's meeting with Republicans was less about specific policy proposals and more of a "rah-rah address." Even before Trump's endorsement, Republicans were expected to nominate Johnson to continue as speaker in the 119th Congress.

Persons: WASHINGTON —, Donald Trump, Mike Johnson, Johnson, Trump, Elon Musk, Vivek Ramaswamy, Kamala Harris, Joe Biden, Tom Cole, Troy Nehls, Nehls, Andy Harris, “, Kevin McCarthy, McCarthy, Scott DesJarlais, — Harris, Dusty Johnson, —, Harris, We've, Steve Scalise, Tom Emmer, Sen, John Thune of, Mitch McConnell of, Elise Stefanik, Lisa McClain, Kat Cammack, Rand Paul, Rick Scott, Richard Hudson of, Blake Moore of, Kevin Hern, Gary Palmer of, Palmer, Hern, Erin Houchin, Mark Alford of, Mariannette Miller, Meeks, sidestep, Trump's, Johnson Organizations: Republicans, GOP, Hyatt, Capitol, Trump, NBC, Tech, “ Department, Government, White, Rep, House Republicans, HFC, Caucus, Freedom Caucus, Main Street, Stefanik, Republican, United Nations, National Republican Congressional Committee, Oklahoma, Committee, Reps, Mar, Republican Party, Congress Locations: Washington, Mar, Florida, Texas, America, John Thune of South Dakota, Mitch McConnell of Kentucky, New York, U.S, Lisa McClain of Michigan, Sens, Ky, Richard Hudson of North Carolina, Blake Moore of Utah, Gary Palmer of Alabama, Indiana, Mark Alford of Missouri, Iowa

The Oklahoma school district where a transgender student died this year after an altercation in a bathroom violated federal law by mishandling sexual harassment allegations, according to an investigation by the federal Education Department. The department’s Office of Civil Rights opened an investigation into Owasso Public Schools in March following a complaint from the Human Rights Campaign, the country’s largest LGBTQ advocacy organization. A photograph of Nex Benedict is projected at a candlelight service in Oklahoma City on Feb. 24. The department said the district failed to respond to sexual harassment allegations repeatedly over three years, in violation of Title IX regulations that were implemented in 2020. The new regulations require district staff members to explain the process to file Title IX complaints or promptly contact complainants to discuss supportive measures like counseling or schedule changes.

Persons: Nex Benedict, Nate Billings, Benedict, Sue, “, ”, Jordan Korphage, Margaret Coates, ” Coates, ” Kelley Robinson, ” Robinson Organizations: federal Education Department, Civil Rights, Owasso Public Schools, Human Rights, HRC, Owasso High, The Oklahoman, USA, U.K, Education Department, Owasso Public, District Locations: Oklahoma, Oklahoma City, America

☆ Gary Gensler says he was 'proud to serve' as SEC chair, defends his approach to crypto regulation
▼ + stars: | 2024-11-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

U.S. Securities and Exchange Commission Chair Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, D.C., on Sept. 27, 2023. Securities and Exchange Commission Chairman Gary Gensler spoke this morning at the Practising Law Institute's 56th annual conference on securities regulation. "It's a remarkable agency," Gensler said of the SEC, which he has led since April 2021. Gensler made only passing reference to his most controversial disclosure rule, on climate change, which has been challenged in court. Defense of crypto stanceGensler offered a full-throated defense of his approach to crypto.

Persons: Gary Gensler, Gensler, It's, bitcoin, clearinghouses, I've Organizations: . Securities, Exchange, Financial, Capitol, Washington , D.C, Securities, SEC Locations: Washington ,

☆ Amazon was questioned by House China committee over 'dangerous and unwise' TikTok partnership
▼ + stars: | 2024-11-14 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon representatives met with the House China committee in recent months to discuss lawmaker concerns over the company's partnership with TikTok, CNBC confirmed. A spokesperson for the House Select Committee on the Chinese Communist Party confirmed the meeting, which centered on a shopping deal between Amazon and TikTok announced in August. The agreement allows users of TikTok, owned by China's ByteDance, to link their account with Amazon and make purchases from the site without leaving TikTok. "The Select Committee conveyed to Amazon that it is dangerous and unwise for Amazon to partner with TikTok given the grave national security threat the app poses," the spokesperson said. Representatives from Amazon and TikTok didn't immediately respond to a request for comment.

Persons: TikTok, China's ByteDance, didn't, Joe Biden, Jan, Donald Trump, CNBC's, Trump, Jeff Yass, —, Jonathan Vanian Organizations: Dublin City Centre, Amazon, House, TikTok, CNBC, Chinese Communist Party, Bloomberg, Republican, Susquehanna International Group, NBC Locations: Dublin, Ireland, House China, U.S, ByteDance, Yass

The 10-year Treasury yield sat near flat at 4.449%, near its highest point since July. The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The moves followed Fed Chair Jerome Powell's speech in Dallas Thursday, where he told business leaders the cenral bank doesn't need to quickly cut interest rates. "The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said in prepared remarks. The speeches come as investors and economists scrutinize what President-elect Donald Trump's return to the White House could mean for U.S. interest rates.

Persons: Jerome Powell, Jerome Powell's, Powell, Adriana Kugler, Donald Trump's, Dow Jones, —, Sarah Min Organizations: Treasury, Federal, Fed Locations: Dallas

☆ These Trump loyalists flocked to the courtroom for his criminal trial this year. Now, they've been named in his new administration.
▼ + stars: | 2024-11-14 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Various GOP figures showed up at the courtroom to support Donald Trump during his trial earlier this year. Four of the loyalists who rallied behind Trump during the trial have already been tapped for roles in his incoming administration. The Trump allies who supported him in court and have now been named to his administration are:JD Vance attended Trump's hush-money trial. Vivek Ramaswamy called Trump's hush-money trial "a politicized persecution" when he showed up at the courthouse. The congressman supported Trump in court during the hush-money trial on May 16.

Persons: Donald Trump, Trump, —, Todd Blanche, Emil Bove, Dean John Sauer, JD Vance, Mark Peterson, Vance Ohio Sen, Vance, Michael Cohen, Cohen, Trump's, Matt Gaetz, Victor J, Matt Gaetz Trump, Gaetz, Vivek Ramaswamy, Curtis Means, Elon Musk, Ramaswamy, Mike Waltz, Michael M, Mike Waltz Trump, Waltz Organizations: Service, Trump, Florida, Vivek, GOP, Department of Government, NY Locations: Manhattan, Washington

☆ Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies
▼ + stars: | 2024-11-14 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Gold prices extended their decline to a near two-month low Thursday amid risk-on sentiment and as the dollar continues to strengthen following Donald Trump's election victory last week. He elaborated that gold prices are likely to trade lower as U.S. equities rally on prospects of lower tax and regulations. In spite of the slide in gold prices, market watchers are still optimistic on the fundamentals of the bullion. The underlying drivers of the gold market are still in place, Layton said. A mix of rising debt, geopolitical tensions and central bank demand are expected to support higher gold prices, said Canaccord Genuity.

Persons: Donald Trump's, Maximilian Layton, bitcoin, Trump, Layton, Commonwealth Bank of Australia's Vivek Dhar, Nicky Shiels, Canaccord, Trump's, Canaccord Genuity Organizations: Co, New York Mercantile, White, CNBC, U.S, Commonwealth Bank of Australia's, MKS Locations: Bangkok, Thailand, U.S, bitcoin, Central

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. This time around, Trump's tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. Salesforce : Not a Trump stock, but it wasn't a Kamala Harris stock either. Constellation Brands : The Mexican beer importer has been punished on fears about what Trump's tariff and immigration proposals could do to its business. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Donald Trump's, Trump's, Abbott, Trump, Hock Tan, Tan, We'll, it's pricier, Morgan Stanley, Wells, Kamala Harris, Agentforce, That's, Biden, Dover, Eaton's, Elon, Waymo, JD Vance, we've, Linde, that's, Eli Lilly, Robert F, Kennedy Jr, Kennedy, Lilly, Mark Zuckerberg, Zuckerberg, Goldman Sachs, shouldn't, Nextracker, Brian Niccol, Niccol, Stanley Black, Decker, TJ Maxx, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Abbott Laboratories, Abbott Labs, White, Biden, AMD, Trump, Wednesday, Broadcom, VMWare, BlackRock, Costco, Coterra Energy, Coterra, DuPont, Disney, GE Healthcare, GE Aerospace, Google, Honeywell, Elliott Investment Management, Linde, Microsoft, Big Tech, Apple, Meta, Financial Times, Nvidia, Palo Alto Networks, Yum Brands, Taco Bell, Constellation Brands, Management, TJX, Marshalls, Jim Cramer's Charitable Locations: China, India, Missouri, Wells Fargo, BlackRock, Shanghai, Dover, U.S, Palo, HomeGoods

☆ Cabinet confirmation process and recess appointments, explained
▼ + stars: | 2024-11-14 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +11 min

Rather than face the humiliation of a rejection vote in the Senate, Cabinet nominees are more frequently withdrawn when it becomes clear they cannot be confirmed. Here’s a look at the Cabinet confirmation process, why it exists, where it’s gone wrong and how Trump wants to find a way around it. Presidents like Ronald Reagan, Clinton and both Bushes did use recess appointments, although usually for positions below the Cabinet level. While Democrats can no longer filibuster Cabinet nominees, they can slow the process down. Then, the Senate rejected Taney when Jackson put him forward for a Supreme Court nomination.

Persons: George H.W, Bush, John Tower, ”, Tower, Matt Gaetz, Donald Trump’s, Gaetz, Department of Justice –, Trump, Robert F, Kennedy Jr, Kennedy, it’s, Bill Clinton, Zoe Baird, Joe Biden, Biden, Trump’s, Sen, John Thune, Ronald Reagan, Clinton, Mickey Kantor, Barack Obama, Senate can’t, …, Republicans don’t, Mike Johnson, Let’s, Johnson, Edward Whelan, Roger B . Taney, Andrew Jackson, Taney, Jackson, Martin Van Buren, England . Taney, Scott Organizations: CNN, Pentagon, Florida Rep, Department of Justice, Senate, Former House, of Health, Human Services, White House, United Nations, CIA, Law, Public Service, Democratic, Partnership for Public Service, Office, National Labor Relations, US, Senators, Republicans, GOP, Trump, Republican, The Washington Post, Bank of, Federal Reserve, Taney Locations: Texas, Geneva, United States, The, England

☆ Trump's transition team aims to kill Biden EV tax credit: Reuters
▼ + stars: | 2024-11-14 | by ( ) www.cnbc.com time to read: +3 min

Win Mcnamee | Getty Images News | Getty ImagesPresident-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S. EV transition. Representatives with the Trump transition and Tesla did not immediately respond to requests for comment. The alliance last month in an Oct. 15 letter urged Congress to retain the EV tax credits, calling them "critical to cementing the U.S. as a global leader in the future of automotive technology and manufacturing." Trump's energy transition team views the consumer EV credit as an easy target, believing that eliminating it would get broad consensus in a Republican-controlled Congress as part of a larger tax-reform bill.

Persons: Joe Biden, Biden, Win Mcnamee, Donald Trump's, Tesla, Elon Musk, Joe Biden's, oilman Harold Hamm, Doug Burgum, Mary Barra, Ngan, Trump, Donald Trump, Allison Robbert Organizations: White, Washington , D.C, Getty, Reuters, Trump, EV, Motors, Continental Resources, North Dakota, General Motors, Chevrolet Silverado, Huntington Place Convention, Afp, Alliance, Automotive Innovation, Tesla, Republican, Republicans, Hyatt Locations: Washington ,, Detroit , Michigan, Florida, Washington , DC

☆ Matt Gaetz would oversee US prisons as AG. He thinks El Salvador’s hardline lockups are a model
▼ + stars: | 2024-11-14 | by ( David Culver | Rachel Clarke | ) edition.cnn.com time to read: +4 min

CNN —As he stood inside the echoing hall of the prison, Matt Gaetz seemed impressed. It was July, and Gaetz — who will oversee the Federal Bureau of Prisons if he becomes attorney general — was visiting El Salvador’s notorious Terrorism Confinement Center (Cecot), where gang leaders and murderers are locked up and from which they are never released. “This is the solution” for El Salvador, Gaetz added, in a video released by Bukele. That trip came just a month after Gaetz, Donald Trump Jr. and others traveled to Bukele’s second inauguration. Gaetz founded a congressional El Salvador caucus with Democratic Rep. Vicente Gonzalez of Texas in July in a rare moment of bipartisanship.

Persons: Matt Gaetz, “, ”, Gaetz, Donald Trump’s, Gaetz —, —, El Salvador’s, El, Nayib Bukele, Trump, Bukele —, Bukele, Donald Trump Jr, Vicente Gonzalez Organizations: CNN, Federal Bureau of Prisons, El, Supreme, Time Magazine, Democratic Rep, Vicente Gonzalez of Texas, Representatives, State Department Locations: United States, El Salvador, Central, South America

European markets closed higher on Thursday as traders digested a slew of earnings and assessed fresh inflation data for a signal on the possible trajectory of interest rate cuts. The pan-European Stoxx 600 provisionally ended the day 1.08% higher, with all sectors and major bourses trading in the green. Shares of Burberry jumped more than 22%, after the British luxury house announced a sweeping overhaul strategy to stem declining sales. Investors are assessing the likelihood of another interest rate cut by the U.S. Federal Reserve in December after the latest U.S. inflation data. U.S. stocks were little changed Thursday, while Asia-Pacific markets traded in mixed territory overnight.

Persons: Donald Trump's Organizations: Burberry, Siemens, Bilfinger, Merck, Fincantieri, Metro Bank, Aviva, Deutsche Telekom, U.S . Federal Reserve, Federal Locations: Veon, Asia, Pacific

☆ Here's what the U.S.' enemies — and allies — might see from Marco Rubio as secretary of State
▼ + stars: | 2024-11-14 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Republican presidential nominee and former U.S. President Donald Trump and Senator Marco Rubio (R-FL) react during a campaign event at Dorton Arena, in Raleigh, North Carolina, U.S. November 4, 2024. Jonathan Drake | ReutersPresident-elect Donald Trump's choice of Sen. Marco Rubio as his secretary of State, arguably the world's most important diplomat, could change the dial when it comes to the U.S.' relationship with both its enemies and its allies. You know, adversaries are uniting — in North Korea, Iran, China, Russia — [and] increasingly coordinating," Rubio said. US Senator Marco Rubio speaks during a campaign rally for former US President and Republican presidential candidate Donald Trump in Doral, Florida, on July 9, 2024. And I think that's what [former President] Donald Trump is trying to say," Rubio said.

Persons: Donald Trump, Marco Rubio, Jonathan Drake, Donald Trump's, Sen, Rubio, Trump, " Rubio, Marco, Trump's, Giorgio Viera, China Rubio, Wei Dongsheng, State Rubio, Mark Wilson, Masoud Pezeshkian, Hassan Nasrallah, Nasrallah, Angela Weiss, Donald Trump —, Ukraine It's, It's, Mike Segar Organizations: Dorton, Reuters, State, Senate Intelligence, Foreign Relations, Trump, White, Allies, CNN, Republican, AFP, Getty, U.S ., Science & Technology, Visual China, Rubio, China, Politico, White House, U.S, NBC, PPL Center, Afp, Russia, NBC News, Republican National Convention Locations: Raleigh , North Carolina, U.S, China, Iran, Ukraine, Russia, North Korea, Doral , Florida, Beijing, Communist China, JIUJIANG, CHINA, Jiujiang, Jiangxi Province, Washington, Israel, New York, Washington , DC, Gaza, Lebanon, Florida, Allentown , Pennsylvania, Tehran, Milwaukee , Wisconsin

☆ New Zealand MPs disrupt parliament with haka to protest Indigenous treaty bill
▼ + stars: | 2024-11-14 | by ( ) edition.cnn.com time to read: +2 min

REUTERS —New Zealand’s parliament was briefly suspended on Thursday after Maori members staged a haka to disrupt the vote on a contentious bill that would reinterpret a 184-year-old treaty between the British and Indigenous Maori. Rulings by the courts and a separate Maori tribunal have progressively expanded Maori rights and privileges over the decades. Parliament was briefly suspended as people in the gallery joined in, and shouting drowned out others in the chamber. ACT New Zealand leader David Seymour said people who oppose the bill want to “stir up” fear and division. New Zealand's parliament was briefly suspended on Thursday after Maori members staged a haka to disrupt the vote on a contentious bill that would reinterpret a 184-year-old treaty between the British and Indigenous Maori.

Persons: Te, David Seymour Organizations: REUTERS, British Crown, ACT New Zealand, New Zealand’s rugby, Parliament, New, Coalition, National Party Locations: Waitangi, New Zealand, New, Wellington

☆ These Trump loyalists named to roles in the new administration once flocked to a courtroom for his criminal trial
▼ + stars: | 2024-11-14 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

Four of the Trump loyalists who rallied behind him during the trial have already been tapped for roles in the president-elect's incoming administration. AdvertisementThose Trump allies include:JD Vance attended Trump's hush-money trial. AdvertisementGaetz was among an entourage of rank-and-file House Republicans who showed up at Trump's hush-money trial in support of the then-presidential hopeful. AdvertisementVivek Ramaswamy called Trump's hush-money trial "a politicized persecution" when he showed up at the courthouse. The congressman supported Trump in court during the hush-money trial on May 16.

Persons: Donald Trump, JD Vance, Matt Gaetz, Vivek Ramaswamy, Mike Waltz, Trump, —, Mark Peterson, Vance Ohio Sen, Vance, Michael Cohen, Cohen, Trump's, Victor J, Matt Gaetz Trump, Gaetz, Curtis Means, Elon Musk, Ramaswamy, Michael M, Mike Waltz Trump, Waltz Organizations: Service, Trump, Florida, Vivek, GOP, Department of Government, NY Locations: Manhattan, Washington

☆ FTX is suing super PACs and dark-money groups to claw back over $38 million in political giving
▼ + stars: | 2024-11-14 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com time to read: +4 min

They're seeking $38 million paid to PACs and political nonprofits ahead of the 2022 elections. The lawsuits are seeking some $5 million from four groups affiliated with Democrats and $1.8 million from FWD.us, a bipartisan nonprofit founded by Mark Zuckerberg. A Republican super PAC also led by Law, the Senate Leadership Fund, received $3.5 million in FTX funds in August and October 2022 that a separate lawsuit argues must be returned. "We're reviewing the complaint and will take appropriate action," a Senate Leadership Fund spokesperson, Torunn Sinclair, said. AdvertisementThe lawsuits say the donations were intended to burnish the image of FTX and Bankman-Fried in political circles.

Persons: Sam Bankman, Ryan Salame, —, Mark Zuckerberg, Steven Law, Torunn Sinclair, Fried, Anthony Scaramucci, Binance, Crypto.com, It's, FTX, Doug Kelley, Sinclair, Todd Schulte, FWD.us, Salame Organizations: FTX, Republican, PAC, Law, Fund, White House, SkyBridge Locations: FWD.us, FTX, Salame

☆ We're homeowners in Mexico and renters in the US. It's allowed us to live the best of both worlds for 20 years.
▼ + stars: | 2024-11-14 | by ( Louisa Rogers | ) www.businessinsider.com time to read: +5 min

My husband and I rent an apartment on the northern coast of California and own a home in Mexico. We live in Mexico's Guanajuato part of the year and love its walkability and vibrancy. AdvertisementMy husband and I, who are 82 and 73 respectively, love being renters — but we also own a home outside of the US. For over 20 years we've split our time between our rented apartment on California's northern coast and our 150-year-old adobe house in Guanajuato, Mexico. We often spend spring, summer, and fall in California before heading down to Mexico around Thanksgiving to live in our house until it's time to fly back.

Persons: —, we've, MARCO BOTTIGELLI, vibrancy, isn't, We've, viniendo Organizations: Service Locations: California, Mexico, Mexico's Guanajuato, Eureka , California, Guanajuato, Humboldt County, Humboldt Bay, Eureka

☆ I stayed in a 540-square-foot luxury tent at the edge of Africa's Serengeti National Park. The lodge was stunning, but the safari perks were the real highlight.
▼ + stars: | 2024-11-14 | by ( Monica Humphries | ) www.businessinsider.com time to read: +9 min

At the edge of Serengeti National Park sits TAASA, a luxury safari lodge. The lodge sits near three ecosystems: the Serengeti National Park, the Maasai Mara National Reserve, and the Ngorongoro Conservation Area. A pair of zebras and a lion in the Serengeti National Park in Tanzania. In Serengeti National Park, night game drives aren't permitted. I whispered the words to myself on game drives and woke up to the lyrics in my mind some mornings.

Persons: —, Jambo, Habari, Mzuri sana, TAASA's, May Simon, Simon, TAASA, Monica Humphries, Mikindo, Logolie Milya, Sam, Milya Organizations: Service, Toyota, Cruiser, Business, Mara, Reserve, Rovers Locations: TAASA, Tanzania's Lobo, Lodge, Ngorongoro, Tanzania, Ololosokwan

☆ The US-China tech race is moving from chips to the raw materials they're made of
▼ + stars: | 2024-11-14 | by ( Huileng Tan | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

In the race against the US for global tech supremacy, China has the upper hand in at least one critical area: rare earths. AdvertisementFor more than a year, Beijing has slowly been tightening its grip on critical minerals and rare earths. Now, there are fears that China could tighten the global rare earths supply chain even more. China's rare earth dominanceChina has long dominated the rare earths market due to supply, low labor costs, and lax environmental standards. In 2022, the US Department of Defense awarded $45 million to MP Materials for rare earth oxide processing, and in 2023, it awarded over $288 million to Lynas USA to set up commercial-scale rare earth oxide production facilities.

Persons: Deng Xiaoping, —, Rick Waters, Donald Trump's, Louise Loo, Zongyuan Zoe Liu, Chris Tang, Nick Vyas, USC Marshall's Randall R, Vyas, he's Organizations: European Union, World Trade Organization, US Department of Defense, Materials, US, White, Nvidia, Taiwan Semiconductor Manufacturing, Oxford Economics, Greater China, Council, Foreign Relations, Soviet, Bloomberg, AMD, USC, Kendrick, Supply Chain Institute, Bureau of Industry, Security Locations: China, US, Beijing, Japan, USA, Eurasia, Washington, Taiwan, Greater, Soviet Union, North Korea, North Vietnam

☆ Biden set to meet with world leaders who have already moved on to Trump
▼ + stars: | 2024-11-14 | by ( Kevin Liptak | Kayla Tausche | ) edition.cnn.com time to read: +7 min

In one, Biden arrived as the confident statesman burnishing a legacy and preparing to hand off to his vice president. In the other, he was faced with anxious world leaders and fresh questions about whether, as he’d spent four years claiming, “America was back.”He wanted the first. Denied a victory lap on the world stage, Biden will instead use his time in Peru and Brazil this week for reflection and looking ahead. No longer viewed on the world stage as the American president who defeated Donald Trump — and his “America First” ideology — for good, Biden will find himself amid leaders who are already moving on. As Biden was preparing to depart following his meeting with Trump, his top national security aide said his message to the world wouldn’t change, despite Trump’s election.

Persons: Joe Biden’s, Biden, burnishing, he’d, ”, Donald Trump —, Trump, “, Xi Jinping, trilateral, isn’t, he’s, Jake Sullivan, it’s, Biden’s, “ We’re, Emmanuel Macron, –, Barack Obama, Xi, Obama, ” Xi, Ben Rhodes Organizations: Peru CNN —, Trump, US, APEC, White, World Bank, CNN Locations: Lima, Peru, South America, America, Brazil, Palm Beach, Rio de Janeiro, DC, China, Japan, South Korea, Trump, Europe, Pacific, United States

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