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☆ Hong Kong is becoming a hub for financial crime, US lawmakers say
▼ + stars: | 2024-11-26 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business relationship with the Asian financial hub. “We must now question whether longstanding US policy towards Hong Kong, particularly towards its financial and banking sector, is appropriate,” they added. Rubio, a fierce critic of Beijing’s crackdown on Hong Kong, has sponsored legislation that sanctioned Chinese and Hong Kong officials for alleged human rights violations in the city. This has massive implications for US businesses with big exposure to Hong Kong,” Fish said. “Sadly, the idea of Hong Kong as autonomous from China is now a farce … US companies need to understand that their Hong Kong operations will likely fall under increased scrutiny.”

Persons: Janet Yellen, ”, “, Donald Trump, Hong Kong, John Moolenaar, Raja Krishnamoorthi, Trump, Marco Rubio, Rubio, Scott Bessent, Isaac Stone Fish, Bessent –, ” Fish Organizations: Hong Kong CNN, CNN, US Treasury Department, Hong, European Union, Treasury Department, Republican Rep, White, US Locations: Hong Kong, Beijing, China, Washington, Hong, Russia, North Korea, People’s Republic of China, Iran, Ukraine, Russian, United Kingdom

☆ Scott Turner, a former NFL player and Trump’s pick to lead Housing and Urban Development, faces a difficult task
▼ + stars: | 2024-11-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

Donald Trump ran on the promise of steep government budget cuts, and some industry experts believe money flowing toward HUD could be on the chopping block. The housing agency provides rental assistance for low-income households, administers mortgage insurance to prospective homeowners and enforces fair housing law. During Trump’s first term, his office repeatedly sought to make steep cuts to HUD’s budget, though they never passed Congress. If Trump successfully implements budget cuts “there will be longer waiting lists for housing vouchers. Liz Osborn, the vice president of policy at Enterprise Community Partners, a nonprofit focused on home access and affordability, said that HUD budget cuts in Trump’s second term aren’t a guarantee, though.

Persons: Scott Turner, Donald Trump, ”, Bob Greenstein, Turner, Ben Carson, Trump’s, Carl Harris, ” Harris, Bob Broeksmit, Broeksmit, Trump, Ginnie Mae, ” Broeksmit, Elon Musk, Vivek Ramaswamy, that’s, Howard Husock, Biden, ” Husock, Husock, Liz Osborn, “, ” Osborn, ” Turner, ” Trump, JPMorgan Chase Organizations: CNN, Department of Housing, Urban Development, Brookings Institution, NFL, National Association of Home Builders, HUD, Mortgage Bankers Association, Federal Housing Administration, “ Department, Government, American Enterprise Institute, Enterprise Community Partners, White, Economic, Scott’s, Urban Institute, JPMorgan Locations: America, Trump’s

The developers would only need to reveal the training material that is “sufficient to identify with certainty” whether the copyright holder’s works were used. Failing to comply would create a legal assumption — until proven otherwise — that the AI developer did indeed use the copyrighted work. Sen. Peter Welch, D-Vt., who introduced the bill Thursday, said the country must “set a higher standard for transparency” as AI continues to integrate itself into Americans’ lives. “We need to give America’s musicians, artists, and creators a tool to find out when A.I. Companies that rely on human creative labor have tried to take on AI developers as well.

Persons: Sen, Peter Welch, ’, ” Welch, don’t, Oscar, Julianne Moore, James Patterson, Radiohead’s Thom Yorke —, Welch, Recording Academy — Organizations: Artificial Intelligence Networks, New York Times, Street Journal, Screen, American Federation of Television, Radio Artists, American Federation of Musicians, Recording Academy, Universal Music Group, Warner Music Group, Sony Music Locations: deepfakes, California

As President-elect Donald Trump’s choice to lead the CDC, Dave Weldon, a former congressman from Florida and a physician, is positioned as an important anti-vaccine ally for Robert F. Kennedy Jr., Trump's pick for health secretary. The CDC is responsible for tracking and responding to infectious diseases, developing vaccine guidelines, collecting and analyzing health data and managing public health emergencies. The CDC provides vaccine recommendations for the public, including the pediatric vaccine schedule, which is followed by schools and parents. “This puts CDC, and HHS, in the driver’s seat for determining vaccine recommendations going forward,” she said. As HHS secretary, Kennedy could replace members of the ACIP with anti-vaccine advocates who make recommendations that the CDC approves, Reiss speculated.

Persons: Donald Trump’s, Dave Weldon, Robert F, Kennedy Jr, Weldon, Kennedy, ”, Dorit Reiss, “, Donald Trump, Tim Shortt, Reuters Kennedy, Weldon ‘, Trump, wouldn’t “, Jennifer Kates, Kates, Reiss, doesn’t, ” Reiss, Dr, Peter Hotez, “ We’ve, that’s, ” Hotez, we’ve, “ Who’s Organizations: Centers for Disease Control, of, CDC, Department of Health, Human Services, Senate, U.S, HHS, University of California Law, Trump, Florida Today, Reuters, NBC News, Global Health, HIV, Democratic, Affordable, Texas Children’s Hospital, Vaccine Development, World Health Organization Locations: Florida, U.S, of Florida, Francisco, Melbourne, Fla, Texas, pertussis

“In four years, the world could be literally at 180 degrees.”Following Trump’s re-election victory, many immigrants are worried a second Trump term would introduce restrictions on the H-1B visa program, like he attempted to do during his first term. Can I be deported?”The H-1B, or high-skill visa program, is overwhelmingly used by Indians. “They do have the power to heavily audit firms and make life very difficult for companies that are hiring H-1B workers,” Khanna said. While it would dent the tech sector, everyday South Asians working in the U.S. would be targeted, despite their immigration status. “That anti-Asian phobia, anti immigrant phobia is going to be impactful in spite of having full legal status,” Syed said.

Persons: Donald Trump, “, Trump’s, Trump, ”, Shakeel Syed, Stephen Miller, Miller, “ Stephen Miller, Gaurav Khanna, Vivek Ramaswamy, Elon Musk, Berry Appleman, ” Khanna, “ I’m, she’s, Khanna, Syed, ” Syed Organizations: Trump, Cabinet, South Asian Network, Trump’s White, University of California, of Government, Leiden, Trump’s Department of Homeland Security Locations: New York, San Diego, Lago, Florida, U.S

WASHINGTON — Special counsel Jack Smith filed motions to drop all federal charges against President-elect Donald Trump regarding his mishandling of classified documents and his effort to overturn his 2020 presidential election in the lead-up to the deadly Jan. 6 attack on the U.S Capitol. But the circumstances have," the special counsel added. Special counsel regulations require Smith to file a report to the attorney general explaining his charging decisions before he steps down. In a decision that legal experts widely criticized and that Smith vowed to appeal, Cannon found that Smith had not been properly appointed as a special counsel. Trump spokesman Steven Cheung said in a statement, “Today’s decision by the DOJ ends the unconstitutional federal cases against President Trump, and is a major victory for the rule of law.

Persons: Jack Smith, Donald Trump, Trump, Richard Nixon, Robert Mueller’s, Trump’s, Mueller’s, ” Mueller, ”, “, ” Smith, Smith, Tanya Chutkan, Aileen Cannon, Cannon, Trump's, Steven Cheung, he’s Organizations: WASHINGTON, U.S Capitol, Justice, Trump, Government, DOJ, DOJ's, NBC News, Supreme Court, American People, Republicans, Justice Department Locations: Miami, Florida, United States, Washington, Jan

☆ California Gov. Gavin Newsom says state will provide rebates if Trump removes tax credit for electric vehicles
▼ + stars: | 2024-11-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +2 min

Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump's incoming administration does away with a federal tax credit for electric vehicles. "We will intervene if the Trump Administration eliminates the federal tax credit, doubling down on our commitment to clean air and green jobs in California," Newsom said. The federal rebates on new and used electric vehicles were implemented in the Inflation Reduction Act that President Joe Biden signed into law in 2022. Those potential changes could limit the federal rebates, including by reducing the amount of money available or limiting who is eligible. This isn't the first time California will be taking action against the Trump's administration concerning clean transportation legislation.

Persons: Gavin Newsom, Donald, Newsom, Joe Biden Organizations: Trump Administration, Ford, General Motors, Trump, Associated Press, Los Angeles Times Locations: California, United States

Will Trump’s former defense lawyer protect the Justice Department from Trump? Justice Department attorneys now hope that Trump’s pick for the critical No. 2 position at the department — Todd Blanche, the president-elect’s defense lawyer — can help protect the department’s career civil servants from Trump. Blanche served as Trump’s lead criminal defense lawyer in the Stormy Daniels hush money case brought by Manhattan District Attorney Alvin Bragg. Incoming district attorney Nathan Hochman, who is set to take office Dec. 2, has said he needs to review the case before he makes a decision.

Persons: Todd Blanche won’t, Menendez, Will Trump’s, Mark Peterson, Matt Gaetz, Donald Trump’s, Trump, Pam Bondi, Todd Blanche, —, Blanche, Daniels, Attorney Alvin Bragg, Blanche won’t, he’s, Read, Republican Sen, Bill Hagerty, ’, Ted Soqui, Ted Erik, Lyle Menendez’s, Kitty Menendez, George Gascón, Nathan Hochman, Ding Liren, Dommaraju, Leon Watson, Magnus Carlsen, Ryan Sun, AP Saquon Barkley, Greg Rosenstein, artment of, Fr e Organizations: Trump, Department, Justice Department, Manhattan, Attorney, DOJ, of, Republican, Cabinet, Trump’s Cabinet, Los Angeles District, Beverly Hills, Incoming, NBC News, Chess, AP, Eagles, ams, Fr Locations: Florida, Trump, Southern, York, Beverly, India, China, Singapore

The Congressional Black Caucus will boast a record 62 members for the next session of Congress, contributing toward the highest number of Black federal lawmakers in history, according to the organization. In all, 67 Black people will serve in Congress. Five Republican members are not listed as members of the CBC. According to its website, members of the CBC currently represent 120 million people in the U.S. and 41% of Black Americans. “Despite the Republicans having the House and the Senate” next session, she said, “you feel good about what these historic number of Black Congress members can do in terms of helping influence what comes down the pipe.”Rolling Sea Action Fund is a hybrid PAC that raises money for Black congressional candidates as well as for ads and other election expenses.

Persons: Kamala Harris, Gregory Meeks, Donald Trump, “ We’ve, ” Meeks, “, Meeks, Trump, ”, you’ve, Trump’s, Mehmet Oz, Linda McMahon, “ We’re, Niccara Campbell Wallace, Wallace Organizations: Congressional, Five Republican, CBC, House Foreign Affairs, NBC News, Congressional Black Caucus, Americans, Congress ’, Trump, NBC, Congress, Republicans, Senate Locations: U.S

After announcing he would not return to Congress, Matt Gaetz appears to be trying out a new career option: creating personalized videos for his fans on Cameo. Gaetz, a former Florida representative, joined the platform Friday, a day after he withdrew his name from consideration to serve as President-elect Donald Trump’s attorney general amid sexual misconduct allegations. There, he’s been doling out paid holiday wishes, marriage congratulations and career pep talks. “Trump nominated me to be US Attorney General (that didn’t work out). “Look, I know your politics and mine may not align specifically, but you know, our career trajectories might not be either.

Persons: Matt Gaetz, Donald Trump’s, he’s, ”, “ Trump, Kevin McCarthy, Gaetz, Vance, Justice Department —, Gaetz’s, Cameo, It’s, ” Gaetz, Trump, MAGA, … Kamala Harris, George Santos, Santos, Rod Blagojevich, Rudy Giuliani, Giuliani, Michael Cohen, Sarah Palin, Corey Lewandowski, Tomi Lahren Organizations: Trump, Justice Department, Republican, Illinois, New, New York City, Fox News Locations: Florida, United States, New York, Georgia, Alaska

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicroStrategy acquires 55,500 more bitcoin amid stock volatility: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Bruno Caratori, Hashdex co-founder and chief operating officer, discusses post-election crypto investment trends and his outlook for the industry under the incoming Congress.

Persons: explainers, Bruno Caratori, Hashdex Organizations: CNBC Crypto, CNBC

☆ The US is on the cusp of a nuclear renaissance. One problem: Americans are terrified of the waste
▼ + stars: | 2024-11-25 | by ( Ella Nilsen | Bill Weir | ) edition.cnn.com time to read: +11 min

This is one of several misconceptions about nuclear energy: America’s nuclear waste is not buried in a mountain or tucked at the bottom of a deep, rocky cavern. That is almost entirely because Americans are by and large opposed to living anywhere near nuclear waste, and suspicious of governments’ or utilities’ attempts to assuage nuclear fears. The byproduct of nuclear energy is still associated with atomic bombs or nuclear meltdowns. On the threshold of America’s nuclear energy renaissance, federal officials are pleading with communities to say yes to storing spent fuel. No state has yet raised its hand to store the country’s nuclear energy waste, despite the lucrative deals it could foment.

Persons: BUCHANAN, Trump, Homer Simpson, ”, Paul Murray, Murray, Brian Vangor, Julian Quinones, Bill Gates, James Kenney, Nathan J Fish, Matt McClain, Bob Bell, Canada –, Allison McFarlane, –, Harry Reid, Bob Riha Jr, ” Murray, “, Sergio Flores, Kenney, ” Thoreau, Ezekiel Gonzales, Frank Rusco, Alvin W, Mike Stewart, Greg Piefer, Democratic Sen, Ben Ray Lujan Organizations: New York CNN, US Energy, CNN, New Mexico –, Manhattan Project, New Mexico’s Environment Department, Cruces Sun, Trinity, White, Washington Post, US, US Nuclear Regulatory Commission, Las Vegas, Supreme, Regulatory, Bloomberg, Getty, Taxpayers, Office, Alvin, Shine Technologies, Democratic Locations: New York, York, China, Georgia, Pennsylvania, New Mexico, Lea County , New Mexico, Cruces, New mexico, Finland, Sweden, Canada, Nevada, Las, British, France, Japan, Texas, Midland , Texas, Mexico, Thoreau , New Mexico, “, ”, Waynesboro , Georgia, Ben Ray Lujan of New Mexico

CNN —Even before special counsel Jack Smith formally asked that his criminal cases against Donald Trump be dismissed, it was already guaranteed the president-elect would never see a jury. “I would fire him within two seconds.”In the end, though, Trump didn’t need to sack the special counsel to kill the two cases. Attorney General Merrick Garland is expected to publicly release it, as he has with past special counsel reports. What to do next in the case will be a question for the incoming Trump Justice Department. But a new chapter has already opened for several members of the Trump legal team who have already been rewarded with plum positions in his incoming administration.

Persons: Jack Smith, Donald Trump, Smith, Trump, Justice Department’s, pardoning, –, “, ” Trump, Hugh Hewitt, Jack Smith ”, Smith’s, Donald Trump's Mar, Pam Bondi, ” Bondi, General Merrick Garland, John Roberts, Sonia Sotomayor, ”, Judge Cannon, Aileen Cannon, Cannon, Walt Nauta, Carlos De Oliveira, ” Smith, Monday’s, Todd Blanche, John Sauer, Emile Bove, Blanche, CNN’s Paula Reid Organizations: CNN, Trump, Justice, Department of Justice, Supreme, Trump’s, Trump Justice Department, DOJ Locations: Lago, DC, Florida, –, Smith’s, Washington ,

☆ Warren Buffett just shared his most detailed plan yet for his fortune when he dies
▼ + stars: | 2024-11-25 | by ( Bryan Mena | ) edition.cnn.com time to read: +10 min

Courtesy of Susie Buffett Laila Buffett poses with her three children -- from left, Roberta, Warren and Doris. Courtesy of Susie Buffett Buffett teaches a class at the University of Nebraska-Omaha. Courtesy of Susie Buffett Buffett married his first wife, Susan, in 1952. Courtesy of Susie Buffett Buffett poses for a photo in 1980. Daniel Acker/Bloomberg/Getty Images Buffett attends the world premiere of "Becoming Warren Buffett," a documentary about his life, in 2017.

Persons: Washington CNN — Warren Buffett, outlive, ” Buffett, I’ve, ”, Buffett, — Susie, Howard, Peter Buffett, “, “ I’ve, Susan Thompson Buffett, Melinda Gates, Warren Buffett, Nati, Laila, Howard Buffett, Susie Buffett, Ernest, Susie Buffett Laila Buffett, Warren, Doris, Susie Buffett Warren Buffett, Susie Buffett Buffett, Susan, Peter, Lee Balterman, Salomon, Marcy Nighswander, AP Buffett, Buffett's, Mark Peterson, Curt Hudson, Arnold Schwarzenegger, Kathy Willens, Chris Machian, Dave Weaver, Michael Israel, John Sleezer, Bill Gates, Mario Tama, Barack Obama, Obama, doggedly, isn't, Jim Watson, Daniel Acker, Harry Benson, Getty Images Buffett, Astrid, David Cameron, Brendan Hoffman, Kristoffer Tripplaar, Alamy Buffett, Scott Eells, Chris, Franklin, Ndamukong Suh, Charlie Munger, Scott Olson, Huang Jihui, Jason Miller, Adam Jeffery, Hillary Clinton, Kempin, Forbes, Andy Kropa, Scott Morgan, Reuters Buffett, Andrew Harrer Organizations: Washington CNN, Berkshire Hathaway, Susan Thompson Buffett Foundation, Melinda Gates Foundation, Bloomberg, University of Nebraska -, Getty, Federal Reserve, AP, Omaha for Berkshire, California Gov, Wall Street, Schwarzenegger's, Kansas City Royals, Kansas City Star, Girl Scouts, Buffett, Microsoft, Getty Images, White, British, Woodrow Wilson High, Washington, Forbes, Harlem Globetrotters, Cleveland Cavaliers, Moon, NBA, CNBC, Reuters Locations: Omaha , Nebraska, Omaha, University of Nebraska - Omaha, Omaha for, Woodstock, Trenton , New Jersey, New York, AFP, Berkshire, Washington , DC, Illinois, Sun Valley , Idaho

☆ Inside the Trump-Fueled Lobbying Frenzy From Mar-a-Lago to Washington
▼ + stars: | 2024-11-25 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +9 min

Never before, lobbyists say, has the geographic center of power shifted so dramatically with the arrival of a new administration. By leveraging his access to Trump, Ballard Partners was able to compete with the old white-shoe lobbying firms that have been the industry's dominant players for decades. Corporate clients need lobbyists who appreciate that Trump is "disrupting the status quo in Washington," Sayfie, the Ballard lobbyist, says. Some major companies, lobbyists say, have been caught off guard by the rapid pace of Trump's transition moves. Those who bankroll his staff and travel before he takes office, lobbyists say, stand to build connections and curry favor with the once and future commander in chief.

Persons: Donald Trump, Bill Helmich, Trump, Evan Power, who's, MAGA, Justin Sayfie, we've, Andrew Jackson, Trump's, Brian Ballard, Ballard, Jeffrey Brooks, Adams, Reese, Susie Wiles, Pam Bondi, Alex Brandon, Matt Slocum, Colin Roskey, Dave Wenhold, Miller, There's, Scott Mason, Knight, John Deere, Mason, Dave Levinthal Organizations: White House, Business, Florida GOP, Mar, Trump, Republicans, America, Washington, Ballard Partners, Google, American Airlines, Honda, Reynolds American, Geo Group, American Health Care Association, White, Facebook, Washington D.C Locations: Washington, —, Florida, Palm Beach, Doral, Mar, Holland

☆ Elon Musk said the F-35's makers are 'idiots' for still building manned jets as drone tech rises
▼ + stars: | 2024-11-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementElon Musk criticized the F-35 program on Sunday. The GAO expects the F-35 program to cost about $2 trillion over its entire lifespan. The billionaire reposted a video montage of coordinated drone swarms on X, writing: "Meanwhile, some idiots are still building manned fighter jets like the F-35." Meanwhile, some idiots are still building manned fighter jets like the F-35 🗑️ 🫠pic.twitter.com/4JX27qcxz1 — Elon Musk (@elonmusk) November 24, 2024It's unclear if Musk intends to use his new position to impact any plans or costs for the F-35, the Pentagon's most expensive fighter program to date. AdvertisementMusk has said before that the US should consider remote-piloted alternatives to manned jets, both to keep up with the rise in drone warfare but also to help Air Force procurement stay competitive.

Persons: Elon Musk, Musk's, Trump, Donald Trump, emoji, Musk Organizations: GAO

☆ Scott Bessent: CEOs relieved about Trump pick to lead Treasury
▼ + stars: | 2024-11-25 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Business leaders say they are relieved President-elect Donald Trump made a safe choice to lead the Department of Treasury after more unconventional selections to other cabinet posts. Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that will face almost immediate deadlines and pressures. “Bessent is reasonable and pragmatic.”JPMorgan Chase CEO Jamie Dimon, one of the most powerful executives on Wall Street, is a fan, too. And for this key position, Trump opted to go with a pick that is not expected to draw a contentious confirmation battle. Trump instead picked Lutnick for Commerce secretary, another key role, though not as prominent as Treasury.

Persons: , Donald Trump, Scott Bessent, “, ”, Jeffrey Sonnenfeld, Jamie Dimon, Dimon, he’s, Jim Rogers, Jim Chanos, Stanley Druckenmiller, George Soros, Trump, Smoot, Hawley, ” Sonnenfeld, Larry Kudlow, Bessent, Biden, Kudlow, Cantor Fitzgerald, Howard Lutnick, Elon Musk, Sonnenfeld, Anthony Scaramucci, Jay Timmons, Mike Pence, ” Timmons, Timmons, Larry Summers, Clinton, CNN’s Fareed Zakaria, Summers, ” Tony Carrk, “ Scott Bessent’s Organizations: New, New York CNN — Business, of Treasury, Democrats, Yale Chief, Institute, JPMorgan, Wall, CNN, Federal Reserve, Congress, National Economic Council, Trump, Commerce, Treasury, Treasury Department, National Association of Manufacturers Locations: New York, ”, China

☆ Nancy Mace, now targeting transgender lawmaker, called herself ‘pro-transgender rights’ in 2023
▼ + stars: | 2024-11-25 | by ( Andrew Kaczynski | ) edition.cnn.com time to read: +4 min

In July 2023, Mace described herself as “pro-transgender rights” and voiced support for children exploring their identities, such as by changing pronouns, hairstyles or clothing. Just a month after describing herself as “pro-transgender rights” and supporting children exploring their identities, Mace spoke out against transgender women competing in women’s sports. In texts with CNN, Mace reiterated her past support for LGBTQ rights, including voting for same-sex marriage. Mace, however, also described transgender individuals as needing to “seek help.”“Voted for gay marriage twice. “I strongly support LGBTQ rights and equality,” she said at the time.

Persons: Nancy Mace, ”, Sarah McBride of, Mace, ” Mace, Johnny, Jill ’ —, ” “, “, …, they’ve, Mike Johnson, McBride, “ I’m, Speaker Johnson Organizations: CNN — Republican, South Carolina Republican, Capitol, Democratic Rep, Republican, CNN, Capitol and, Louisiana Republican Locations: Sarah McBride of Delaware, Louisiana

☆ Matt Gaetz is now hinting that he plans to run to succeed Ron DeSantis as Florida's governor
▼ + stars: | 2024-11-25 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

AdvertisementMatt Gaetz withdrew from his attorney general bid on Thursday. But he's since hinted on X at a possible 2026 Florida governor run. Former Rep. Matt Gaetz's bid for attorney general may have been short-lived, but he appears to have his sights set on another big career move. In a Saturday tweet, Florida State Rep. Anthony Sabatini posted on X his prediction that Gaetz would be the next governor of Florida. After Gaetz withdrew, Trump wrote on Truth Social that he appreciated Gaetz's "efforts."

Persons: Matt Gaetz, Ron DeSantis, Matt Gaetz's, Anthony Sabatini, Gaetz, Sabatini, Donald Trump, Vance, Trump, Matt, DeSantis, Jeb Bush, I'm, Charlie Kirk, Ginger, George Santos Organizations: Gov, Florida State, DOJ, Gaetz, CNN, Trump, Administration, Elon, Trump ., 119th, Business Locations: Florida, Florida's

☆ A hybrid-car comeback is in the making — and it could be great news for your wallet
▼ + stars: | 2024-11-25 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

As EV sales slowed this year, major automakers had to reckon with their lofty goals and adjust for shifting customer bases. Toyota, which was once criticized for its slow adoption of EV technology, is now enjoying big increases in hybrid sales. That is elevating the brand's cache among green-car shoppers in general, with Toyota often at the top of brand considerations for EV shoppers today. The company has said that Ford's hybrid cars are converting more car buyers than any other segment. AdvertisementFord also announced plans in August to replace two electric three-row SUVs with hybrid models.

Persons: they're, Ford, Kelley, Donald Trump, Trump, Biden, Elon Musk, Trump's Organizations: EV, Automotive, Companies, Tesla, Toyota, Ford, JD Power, GM, North, P Global Mobility Locations: North American

☆ Travis Kalanick, Marc Andreessen, and other Silicon Valley leaders are reportedly getting involved with Elon Musk's DOGE
▼ + stars: | 2024-11-25 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk and Vivek Ramaswamy are making plans for The Department of Government Efficiency. Several notable Silicon Valley figures are involved in plans for the department, per the Journal. Musk has said he wants to cut $2 trillion from the federal budget to make it more efficient. Elon Musk and Vivek Ramaswamy are starting to shape the Department of Government Efficiency, or DOGE, and they appear to be turning to Silicon Valley leaders for support. DOGE, headed by Musk and Ramaswamy, is set to be an advisory group outside the government.

Persons: Elon Musk, Vivek Ramaswamy, Musk, Steve Davis, Antonio Gracias, Joe Lonsdale, Marc Andreessen, Bill Ackman, Travis Kalanick —, Shiba, Vivek Organizations: The Department, Government, of Government, Boring Company, Street Journal, Twitter, Elon, Ramaswamy, Business Locations: Silicon

☆ Opinion | Republicans Freak Out Over Trump’s Choice for Labor Secretary
▼ + stars: | 2024-11-25 | by ( Farah Stockman | ) www.nytimes.com time to read: +1 min

It might be the most shocking news yet to come out of this roller-coaster of a transition: After weeks of choosing cabinet secretaries who seem determined to destroy the agencies they will lead, Donald Trump announced the choice of a secretary of labor whom many American workers actually like. His pick, Representative Lori Chavez-DeRemer of Oregon, who just lost her bid for re-election, was one of only three Republicans to cosponsor the PRO Act, which protects workers’ right to organize. She also cosponsored the Public Service Freedom to Negotiate Act, which requires all states to recognize public-sector unions. In fact, Chavez-DeRemer, the daughter of a Teamster, has such a pro-union record that some Republicans are in a full-blown panic about her nomination. Senator Bill Cassidy of Louisiana wrote on X that he plans to question her about her support for “Democrat legislation in Congress that would strip Louisiana’s ability to be a right to work state, and if that will be her position going forward.” The New York Post ran a headline quoting conservatives calling her “toxic” and “unserious.”

Persons: Donald Trump, Lori Chavez, Chavez, Bill Cassidy, ” Organizations: PRO, Public Service, Democrat, New York Post Locations: Oregon, Louisiana, Congress

☆ Trump’s determination to install controversial picks faces next test
▼ + stars: | 2024-11-25 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Gabbard and another contentious Trump pick — Pete Hegseth, who has been tapped to lead the Defense Department — came under sharpened scrutiny Sunday as the spotlight shifted from Matt Gaetz, Trump’s toppled choice to be attorney general. Trump’s pick of Hegseth is also facing uncertainty after the release last week of a 2017 police report detailing an alleged sexual assault in California. But the withdrawal of Gaetz — who was already widely disliked in Congress — may leave senators feeling they owe the president-elect on his other highly controversial choices. Trump’s new selection for attorney general, Pam Bondi, is meanwhile being welcomed by many Republicans, suggesting she’ll have an easier path to confirmation than Gaetz. But that would still leave the question of who is acceptable to Trump while being confirmable in the Senate.

Persons: Donald Trump’s, Tulsi Gabbard, Pete Hegseth, Defense Department —, Matt Gaetz, Trump’s, ” Democratic Sen, Tammy Duckworth, Bashar al, Assad, she’s, Republican Sen, Markwayne Mullin, Dana Bash, Duckworth, Gaetz —, Pam Bondi, general’s, ”, Russell Vought, Trump, Tesla, Elon Musk, Vivek Ramaswamy, Scott Bessent, Howard Lutnick, Cantor Fitzgerald, They’ll, Mike Waltz, ” Trump, Vladimir Putin’s, —, he’s, Julian Assange, Edward Snowden, Gabbard, ” Sen, Adam Schiff of California, Gabbard’s, Mullin, “, ” Missouri Sen, Eric Schmitt, Tennessee Sen, Bill Hagerty, she’d, Hagerty, ” Oklahoma’s, James Lankford, Bashar, Lankford, Bondi, We’re, ’ ” Lankford, Christopher Wray, Kash Patel, Patel, Trump’s MAGA, CNN’s Kaitlan Collins, ” Patel Organizations: CNN, Trump, Defense Department, CNN’s, Union, ” Democratic, Republican, Fox News, Justice Department, Management, GOP, Treasury, “ Fox, Florida Republican, Electoral College, Senate, Democratic, US, Transportation, Trump’s “, House Intelligence, Press, Oklahoma Republican, Army, ”, NBC, ABC, “, intel, CNN Bondi, of Justice, FBI, Fox Business, Department of Justice Locations: CNN’s “ State, The Illinois, Washington, California, Florida, Ukraine, Moscow, Russia, Hawaii, Syria, Russian, Duckworth, “ State, Oklahoma and Missouri, ” Missouri, Japan, United States, Lago

☆ Opinion | Donate This Holiday Season. Biodiversity Needs Your Help.
▼ + stars: | 2024-11-25 | by ( Margaret Renkl | ) www.nytimes.com time to read: +1 min

This article is part of Times Opinion’s Giving Guide 2024. Read more in a note from Times Opinion’s editor, Kathleen Kingsbury. Making a discernible, measurable difference to my wild neighbors is an act of resistance, too. To create a microhabitat that sustains your own wild neighbors, you’ll need to grow the endemic flowers and shrubs and trees they evolved alongside. And those plants evolved to feed some other continent’s creatures.

Persons: Read, Kathleen Kingsbury

☆ Judge agrees to dismiss Donald Trump's 2020 election interference case
▼ + stars: | 2024-11-25 | by ( Ryan J. Reilly | Ken Dilanian | ) www.cnbc.com time to read: +5 min

A Florida judge dismissed the case, but Smith's office had sought an appeal. But the circumstances have," the special counsel added. Now the same OLC opinion is preventing Smith's case from going forward. Following Trump's re-election, the special counsel's office was caught between "two fundamental and compelling national interests," Smith's team wrote. Special counsel regulations require Smith to file a report to the attorney general explaining his charging decisions before he steps down.

Persons: Jack Smith, Donald Trump, Smith, Tanya Chutkan, Trump, Joe Biden, Richard Nixon, Robert Mueller's, Trump's, Mueller's, Mueller Organizations: U.S Capitol, NBC News, Justice, Trump, Government, DOJ, DOJ's Locations: Washington , U.S, U.S, Miami, Florida, United States

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