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☆ What Trump's pick for Treasury secretary could mean for global markets
▼ + stars: | 2024-11-25 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Scott Bessent speaks at the National Conservative Conference in Washington D.C., Wednesday, July 10, 2024. Dominic Gwinn | Afp | Getty ImagesFinancial markets on Monday welcomed President-elect Donald Trump's pick for U.S. Treasury secretary, with currencies across the globe rallying on hopes that hedge fund manager Scott Bessent can take some of the sting out of Trump's more extreme economic views. "Trump's pick for Treasury Secretary has swelled investor sentiment further with stocks on Wall Street looking set for another flurry of gains," Susannah Streeter, head of money and markets at Hargreaves Lansdown, said in a research note. While many economists are skeptical about the effectiveness of tariffs, Bessent has defended them as "a useful tool for achieving the president's foreign policy objectives." Some strategists expect Trump's Treasury chief pick to be welcomed as good news for Asian currencies over the coming months.

Persons: Scott Bessent, Dominic Gwinn, Donald Trump's, paring, Trump, Bessent, Susannah Streeter, Hargreaves Lansdown, Scott Bessent's, George Soros, Trump's, Scott Spratt, Donald Trump, Brandon Bell Organizations: National Conservative Conference, Washington D.C, Afp, Getty Images, U.S, Treasury, Treasury Department, Connecticut, Key Square, Trump, Hargreaves, China News Service, US, Rabobank, Trump's Treasury, Societe Generale Corporate, Investment Banking, Asia FX, SpaceX, Via Reuters Locations: Washington, London, Xinfeng County, Ganzhou City, Jiangxi Province, China, U.S, Mexico, Treasuries, Brownsville , Texas

☆ Jim Cramer examines Wall Street's reaction to Trump Treasury secretary pick
▼ + stars: | 2024-11-25 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday reviewed investors' reaction to President-elect Donald Trump's latest cabinet pick, hedge fund manager Scott Bessent. His takeaway is that Wall Street believes the potential Treasury secretary will be a prudent force in the administration. "What matters is that this Treasury secretary designate is a serious person, not unlike Steven Mnuchin before him," he said "And those who believed Trump couldn't get a dollop of rigor in the cabinet — well, they've been proven wrong." Cramer also pointed out that Treasury yields fell, with the 10-year sliding to about 4.28% when investors were worried about it hitting 4.5% a few days ago. "That's where Scott Bessent, the Treasury Secretary designate, comes from, so the fence sitters and skeptics are jumping on the Trump bandwagon as if the president elect said, 'higher stock prices and lower taxes for all.'"

Persons: CNBC's Jim Cramer, Donald Trump's, Scott Bessent, Steven Mnuchin, Trump, they've, Cramer, George Soros, Bessent, Shinzo Abe, That's Organizations: Dow Jones Industrial, Treasury, Trump

☆ Menendez brothers to appear in court Monday for status hearing
▼ + stars: | 2024-11-25 | by ( Zoe Sottile | Jean Casarez | ) edition.cnn.com time to read: +8 min

The brothers, currently incarcerated in California, may appear virtually or in person for the status hearing, scheduled to start at 10:30 a.m. local time. “I believe they have served enough time.”Erik Menendez, left, and Lyle Menendez. The Menendez brothers filed a habeas corpus petition shortly after the docuseries was released, citing Rosselló’s allegations as well as a letter from Erik Menendez to his cousin that they say references the abuse. Los Angeles County District Attorney George Gascon speaks during a news conference to announce a decision in the case of brothers Erik and Lyle Menendez. Mike Blake/ReutersWhat comes nextGascón’s failed reelection bid has cast some uncertainty over the Menendez brothers’ fate.

Persons: Lyle, Erik Menendez, Judge Michael Jesic, ’, Jose Menendez –, Menendez, Erik, George Gascón, “, Gascón, Nathan Hochman, ” Erik Menendez, Lyle Menendez, Jose Menendez, Kitty Menendez, ”, ” Gascón, “ Menendez, Roy Rosselló, ” Erik, Attorney George Gascon, Mike Blake, Gascón’s, Hochman, ” Hochman, Gavin Newson, Newsom, CNN’s Eric Levenson, Cindy Von Quednow, Dalia Faheid, Taylor Romine Organizations: CNN, Los Angeles District, Los Angeles Superior Court, Prosecutors, California Department of Corrections, RCA Records, Netflix, Attorney, LA District Attorney, Gov Locations: California, Beverly, San Diego, Los Angeles County

☆ 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

☆ How the Trump administration and congressional Republicans may crack down on pro-Palestinian protesters
▼ + stars: | 2024-11-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Simone-Weichselbaum.Jpg | Simone Weichselbaum | ) www.nbcnews.com time to read: +14 min

Some of the nation’s leading civil rights groups told NBC News that they are gearing up for a flood of legal battles to protect the protesters. Under Rubinstein, America First Legal has in the past year filed four lawsuits that provide a glimpse into how the Trump administration could differ from its predecessor. America First Legal alleges in the suits that the State Department, the Justice Department, the Department of Homeland Security and the Department of Education have protected pro-Hamas extremists. Rubinstein in an interview brought up an additional law he expects a second Trump administration could enforce. The Knight Institute said although it expects the new Trump administration to aggressively police speech, it is prepared to fight back.

Persons: Donald Trump, Trump, they’re, Biden, he’s, ”, Ben Wizner, Sen, Joni Ernst, Ernst, CUAD, ” Ernst, Elisha Baker, Reed Rubinstein, Stephen Miller, Miller, Rubinstein, “, ” Rubinstein, aren’t, Department didn’t, Spokespeople, SJP, Edward Ahmed Mitchell, Mitchell, Joe Biden, ” Mitchell, Vince Warren, Esther, —, ” Warren, Knight, Jameel Jaffer, Wizner, isn’t, ” Wizner, Kenneth Marcus, George W, Bush, Louis D, Marcus, Marcus ’, ” Marcus, Trump’s, ” Trump Organizations: Republicans, Trump, NBC, Hamas, U.S . Justice Department, U.S, NBC News, American Civil, Technology, ’ Biden, Justice Department, . Immigration, Customs Enforcement, “, FBI, Columbia University, Columbia University Apartheid, Flyers, U.S . Education Department, America, Washington , D.C, State Department, Department of Homeland Security, Department of Education, Department, Foreign, Education Department, Chicago, Department of Justice, Chicago Police Department, Center for Constitutional Rights, ACLU, Islamic Relations, Muslim, ”, Republican, Trump Justice Department, Heritage Foundation, Knight, Biden Treasury Department, of Education’s, Civil Rights, Brandeis Center for Human, of Education, The, Education, Republican Party, Jewish Locations: Gaza, Washington, U.S, ’, Iowa, Washington ,, FARA, Chicago, Israel, Vietnam, York

LAS VEGAS — Max Verstappen clinched his fourth Formula 1 world championship Saturday night under the bright lights of Sin City, cementing his standing among the legends of the sport. What a season,” Verstappen said while still in his car over team radio. 2024 F1 World Drivers Champion Max Verstappen celebrates after the F1 Grand Prix of Las Vegas on Saturday. Mark Thompson / Getty ImagesThe international sport has brought a new level of glitz and glamor — and a title-decider — to Las Vegas. After winning seven out of the first 10 races, Verstappen has won just one of the last 12 races.

Persons: Max Verstappen, McLaren's Lando Norris, Norris, Verstappen, Michael Schumacher, Lewis Hamilton, Sebastian Vettel, Alain Prost, Juan Manuel Fangio, “, ” Verstappen, It’s, ”, Sylvester Stallone, George Russell, Hamilton, Ferrari's Carlos Sainz, Mark Thompson, ” Paris Hilton, McLaren, Sainz, Charles Leclerc, “ It’s, ” Norris, Max, Red Bull, Mercedes, Sergio Perez, Austin —, Nevada’s Clark, Daniel Towriss, Michael Andretti, Bull, Ford, it's Organizations: VEGAS, Bull, Mercedes, Las, Las Vegas, ”, NBC News, Venetian, Bellagio, Ferrari, Vegas, Prix, Andretti, GM, FIA, Associated Press, Formula, Liberty Media, Department of Justice, Verstappen, McLaren Locations: Sin City, Las Vegas, Las, Vegas, United States, Miami, Nevada’s Clark County

☆ Christian Louboutin wants to keep his favorite holiday spot special — but it's on Harry and Meghan's radar too
▼ + stars: | 2024-11-24 | by ( Maria Noyen | ) www.businessinsider.com time to read: +4 min

Christian Louboutin opened a small hotel in Melides, Portugal, and plans to open another. Advertisement"People are touched by authenticity and we need to keep it that way," Louboutin told Bloomberg. AdvertisementJust a 15-minute drive from Melides lies Costa Terra, a 722-acre luxury resort community and gold club built by US real estate developer Discovery Land Company. Related storiesRepresentatives for Costa Terra did not immediately respond to requests for comment. "Tourists come here for the beauty of this place," Louboutin told Bloomberg.

Persons: lister, Prince Harry, Meghan Markle, Louboutin, Christian Louboutin, Victor Boyko, It's, Mike Meldman, George Clooney, Harry, Eric Charbonneau, Paris Hilton, Sharon Stone, Costa Terra, Amancio Ortega's, Vitor Paiva, Engel, Völkers, Paiva Organizations: Bloomberg, Dior, Discovery Land Company, Casa Amigos, The Telegraph, Archewell, Getty, Costa Terra, Vanguard Properties Locations: Portugal, overtourism, Melides, Tropez, Alentejo, St, Costa, Montecito , California, Colombia, Comporta, Portuguese

☆ Max Verstappen wins fourth straight World Championship as George Russell takes victory in Las Vegas
▼ + stars: | 2024-11-24 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +5 min

CNN —Max Verstappen claimed his fourth consecutive Formula One World Drivers’ Championship at a breathless Las Vegas Grand Prix that saw George Russell take victory for Mercedes. Verstappen came into the weekend knowing that all he needed to do to win the title was finish in front of his championship rival Lando Norris. The reigning champion snatched the advantage in qualifying, starting the race in fifth ahead of the McLaren driver in P6. Song Haiyuan/MB Media/Getty Images“Congrats to Max, I’m disappointed I’m out of it, but Max deserved to win it,” said Norris. “He drove a better season than I did, he deserved it more than anyone else, Max just doesn’t have a weakness.

Persons: Max Verstappen, George Russell, Mercedes, Verstappen, Lando Norris, Red, Norris, Michael Schumacher, Lewis Hamilton, Juan Manuel Fangio, Alain Prost, Sebastian Vettel, Mike Blake, Hamilton, “ It’s, ”, Max, I’m, “, he’s, Vegas Russell, Charles Leclerc, Russell, Rick Scuteri, “ I’m, we’ve, Lewis, ” Russell, Ferrari’s Carlos Sainz, Red Bull Organizations: CNN, Las Vegas, McLaren, Red Bull, Reuters, Prix, Brit, Mercedes, Sky Sports, Constructors, Ferrari Locations: Vegas, Austria, Sin City, Qatar, UAE

☆ Economists say Trump's immigration plans could deepen US demographic challenges
▼ + stars: | 2024-11-24 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Donald Trump's plan for a sweeping immigration crackdown involving mass deportations has been described as potentially inflationary, but economists say it could exacerbate another problem America faces: an aging population. He will deliver," Karoline Leavitt, a spokesperson for Trump's camp, told BI in an email when asked about the potential impacts of Trump's immigration policy. AdvertisementBerube said immigration is thought of as a band-aid to demographic problems since immigrants tend to be younger, which offsets the aging population. AdvertisementSectors with a high proportion of undocumented immigrant workers, like construction and agriculture, could see the number of workers fall. Bush Administration, thinks Trump's immigration policies will have a mild economic impact, partly because he doubts immigration will fall over the long term.

Persons: Donald Trump's, Alan Berube, Trump, Berube, Karoline Leavitt, José Torres, Torres, Todd Buccholz, George H.W, Buccholz Organizations: Brookings Institution, Center for Migration Studies, Brookings Metro Berube, Brookings Metro, Republican, Centers for Disease Control, Immigrants, Pew Research, Interactive, White House, Bush Administration Locations: America, Brookings, Bush

☆ One of Trump's cabinet picks shows how making it easier to build homes is a rare point of bipartisan agreement
▼ + stars: | 2024-11-24 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Doug Burgum, Trump's nominee for Secretary of the Interior and "energy czar," won praise from pro-housing advocates from both parties earlier this year when he made the case for denser, more walkable, mixed-use communities. Advertisement"He's been a champion of zoning reform and parking reform and transportation reform," Chuck Marohn, the founder of the urbanism nonprofit Strong Towns, told Business Insider. Doug Burgum — President-elect Donald Trump's pick to lead the US Department of Interior — reflects the growing bipartisanship around deregulating housing. At the same time, the housing shortage has begun to impact communities across the country rather than just large coastal metros. While Republicans use language about private property rights, free markets, and deregulation to make a case for YIMBY policies, Democrats talk about racial equity and environmental sustainability, Nolan Gray, research director for California YIMBY said.

Persons: Doug Burgum, Donald Trump's, Burgum, Chuck Marohn, it's, Doug Burgum —, US Department of Interior —, Scott Olson, Marohn, millennials, It's, Bryan Caplan, Nolan Gray, California YIMBY, Gray, Emily Hamilton Organizations: North Dakota Gov, homebuilding, US Department of Interior, George Mason University, Democrats, Republican Locations: Fargo, Bismarck, Strong, California

☆ Verstappen captures 4th F1 championship after Mercedes sweep of Las Vegas Grand Prix
▼ + stars: | 2024-11-24 | by ( ) www.cnbc.com time to read: +7 min

2024 F1 World Drivers Champion Max Verstappen of the Netherlands and Oracle Red Bull Racing celebrates in parc ferme during the F1 Grand Prix of Las Vegas at Las Vegas Strip Circuit on November 23, 2024 in Las Vegas, Nevada. Max Verstappen cruised to a fourth consecutive Formula 1 championship on Saturday night by finishing fifth in the Las Vegas Grand Prix. The Dutchman started fifth but was already up to second by the 10th lap around the street circuit that includes the famed Las Vegas Strip. Verstappen asked at the Bellagio what time it was, noting he was in Las Vegas and "I'm very thirsty." The trio of races in Miami; Austin, Texas; and Las Vegas are more than any other country.

Persons: Max Verstappen, Verstappen, Lando Norris, McLaren, Red Bull, Norris, Christian Horner, George Russell, Lewis Hamilton, Hamilton, Sylvester Stallone, Carlos Sainz Jr, Charles Leclerc, Oscar Piastri, Max, he's, Verstappen's, Terry Crews, Russell, he'd, Crews, Verstappen wasn't, Sainz, Leclerc, Sebastian Vettel, Sainz's, Vegas, Michael Andretti, Andretti, Dan Towriss, Mark Walter Organizations: Oracle Red Bull, Las Vegas, Circuit, Red, Ferrari, McLaren, Bellagio, Sainz's Ferrari, General Motors, Los Angeles Dodgers, Cadillac F1, Liberty Media Locations: Netherlands, parc ferme, Las Vegas , Nevada, Brazil, Abu Dhabi, Qatar, Las Vegas, United States, Miami, Austin , Texas, Vegas, American, Indiana

☆ I made Dolly Parton's sweet potato casserole for Friendsgiving. It disappeared within minutes.
▼ + stars: | 2024-11-24 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: 1 min

AdvertisementDolly Parton and her sister, Rachel Parton George, released a cookbook called "Good Lookin' Cookin'." It features an entire section with Thanksgiving recipes, including sweet potato casserole. Related Video An American tourist and a local find the best pie and mash in LondonShe also loves cooking with her family, even releasing a cookbook with her sister, Rachel Parton George, earlier this year. Luckily, "Good Lookin' Cookin': A Year of Meals" features a section dedicated to Thanksgiving dishes. When I saw the Parton sisters had their own sweet potato casserole, I knew I had to make it for Friendsgiving.

Persons: Dolly Parton, Rachel Parton George, Carl Dean, Miley Cyrus, Parton Locations: London

☆ Max Verstappen clinches fourth F1 championship as George Russell wins Las Vegas GP
▼ + stars: | 2024-11-24 | by ( Madeline Coleman | ) www.nytimes.com time to read: +6 min

LAS VEGAS — George Russell may have won the Las Vegas Grand Prix, with Lewis Hamilton beside him on the podium for a Mercedes 1-2 finish. In previous years, he won races by a significant margin, like a 33-second gap when he won the 2023 Hungarian Grand Prix. Verstappen’s resilience pays offVerstappen had to battle more later in the year, failing to win a grand prix in 10-race weekends. The U.S. Grand Prix saw Verstappen and Norris battle once again, going wheel-to-wheel and avoiding contact but not a penalty. Max Verstappen during the F1 Grand Prix of Las Vegas in Las Vegas, Nevada (Clive Mason/Getty Images)A championship decider under the lightsComing into the Las Vegas Grand Prix weekend, Norris seemed to accept his first F1 title fight may end in defeat would happen Saturday evening.

Persons: George Russell, Lewis Hamilton, Max Verstappen, Verstappen, Mercedes ’ Toto Wolff, Max, ”, Wolff, that’s, Mercedes, McLaren’s Lando Norris, Norris, McLaren, “, ” McLaren, São Paulo, Bull, Clive Mason, Oscar Piastri, Charles Leclerc, Pierre Gasly, Carlos Sainz, Leclerc, Sainz, Ferrari wasn’t, Gianpiero, Ferrari, Lando Norris, Nico Hulkenberg, Haas, Yuki Tsunoda, Sergio Perez, Red, Mark Thompson Organizations: Tire, LAS VEGAS, Las Vegas, Ferrari, Briton, Miami, McLaren, U.S, Verstappen, Las, Getty, “ Locations: Brazil, Austria, Singapore, Mexico, Las Vegas, Las Vegas , Nevada, Piastri

☆ The cult of the ‘Spoons’: Inside the spartan, cavernous pubs that divide Britain
▼ + stars: | 2024-11-23 | by ( Will Noble | ) edition.cnn.com time to read: +15 min

Wetherspoon pubs are an institution in the UK. More than 800 Wetherspoon chain pubs freckle the country — from The Muckle Cross in Scotland to The Tremenheere in Cornwall. The Moon Under WaterA Wetherspoon pub (now closed) featuring the face of chain founder Tim Martin on its sign. Recalling a well-meaning yet beleaguered teacher from his childhood, Martin renamed the pub “Wetherspoon.” (The “J D” was a nod to J.D. “The thing about Wetherspoons pubs which differentiates them from many is that they have a very wide cross-section of customers.

Persons: London CNN — Utter, ”, George Orwell, ” Orwell, Orwell, Francophile foodies, Oxford marmalade, Biscuits, boozer, cobbling, Tim Martin, Alex Davidson, Wetherspoons don’t, Alexander Graham Bell, Sir John Borlase Warren, Tim Martin’s, Martin —, New Zealand —, “, serendipitously, Martin, Boss ” Hogg, “ The Dukes, Hazzard, George Orwell’s, ” Martin, Mortimer, ‘ ahh, I’ve, George Orwell ’, Stout, Waters, Gareth Fuller, questing, Angus, you’re, Maureen McLean, “ Mate, Wetherspoons ”, ‘, ’ ”, Thomas Frost, Orwell’s, drunks, ” Tim Martin, benedict, tipple —, Ale, Whatever’s, it’s, Boris Johnson, Henry Nicholls, Nigel Farage Organizations: CNN, London CNN, “, Oxford, Stroud, Crosse, Royal Victoria, rowdies, London's, Airport, PAL, YouTube, European Union, Getty Locations: London, Britain, Scotland, Cornwall, “, Yorkshire, England, Swansea, Edinburgh, Nottingham, Muswell Hill, North London, Norwich, New Zealand, Stroud Green, Watford, Ramsgate, City of London, Kent, Scottish, ”, Wetherspoons, Liverpool, Gatwick, South London, AFP, British, Clacton, Poland, Ireland, America

☆ How Max Verstappen can become a four-time F1 world champion at the Las Vegas Grand Prix
▼ + stars: | 2024-11-23 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +5 min

CNN —Max Verstappen has the chance to add to one of the most entertaining Formula One seasons in recent memory by becoming a four-time World Drivers’ Champion at the Las Vegas Grand Prix. How to watch the Las Vegas Grand PrixThe 22nd race of the 2024 season gets underway at 10 p.m. PT on Saturday/1 a.m. Norris needs to outscore Verstappen by at least three points to extend his challenge to next week’s penultimate race in Qatar. If both fail to score points, Verstappen will be crowned champion. “I just want to focus on the weekend and try to have a good performance,” the 27-year-old said ahead of the race weekend.

Persons: Max Verstappen, McLaren’s Lando Norris, George Russell, Ferrari’s Carlos Sainz, Pierre Gasly, Charles Leclerc, Verstappen, Norris, Lewis Hamilton, Rick Scuteri, McLaren, Oscar Piastri, Ferrari’s Sainz, Leclerc, Russell, Hamilton, –, Red Bull, “, you’re, ”, Brit, ” Verstappen, Mark Sutton, Max Organizations: CNN, Las Vegas, Brit, ESPN, International, Red Bull, Austrian, “, McLaren, Getty, we’ve, Constructors, Ferrari Locations: British, Sin City, Qatar, Spain, Vegas, Miami –, “ Brazil

☆ Bitcoin vs. gold: State Street worries the crypto rally's allure is distracting precious metal investors
▼ + stars: | 2024-11-23 | by ( Krysta Escobar | ) www.cnbc.com time to read: +2 min

The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors' George Milling-Stanley warns cryptocurrency plays don't offer the stability of gold. Milling-Stanley's comments came as his firm's SPDR Gold Shares ETF (GLD) celebrated its 20-year anniversary this week. It is the world's largest physically backed gold ETF, and it's up more than 30% in 2024. "But they called it mining because they wanted to seem like gold — maybe take some of the aura away from the gold."

Persons: George Milling, Stanley, cryptocurrency, It's Organizations: Street Global Advisors

The Summary Environmental organizations are preparing to push back against the incoming Trump administration. Environmental groups are already gearing up for legal fights and soliciting donations accordingly. Environmental groups are gearing up to push back against the incoming Trump administration, which they expect to make sweeping policy changes more quickly than was seen when Donald Trump took office in 2017. The first Trump administration took at least 74 actions seen as weakening environmental policy, according to a tracker from the nonpartisan Brookings Institution. A cadre of environmental groups filed suit, and the monument was fully restored by Biden in 2021.

Persons: Trump, pare, Donald Trump, Joe Biden’s, Sean Hannity, Doug Burgum, Chris Wright, ”, Brett Hartl, Trump’s, “ We’re, Andrew Wetzler, it’s, Biden, Jillian Blanchard, “, ” Blanchard, Barack Obama, George Frey, Ethan Aumack, “ I’ll, ” Aumack, Wetzler, ” Wetzler Organizations: Biden, Infrastructure Investment, Jobs, Fox News, North Dakota Gov, Institution, Center for Biological, Natural Resources Defense Council, for Biological Diversity, Heritage Foundation, Good Government, Trust, Republican Party Locations: Southwest, Utah, Blanding , Utah, Arizona , Georgia, North Carolina, Washington

☆ Trump expected to nominate Scott Bessent for Treasury secretary
▼ + stars: | 2024-11-22 | by ( Alice Tecotzky | Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

AdvertisementTrump is preparing to nominate Scott Bessent, a billionaire investor, for Treasury secretary. President-elect Donald Trump is reportedly preparing to nominate Scott Bessent, a Wall Street veteran and campaign ally, for Treasury secretary, one of the biggest Cabinet prizes. AdvertisementBessent, 62, founded and runs the macro hedge fund Key Square Group and emerged as a key economic advisor to Trump on the campaign trail. Known for his interest in niche economic data, Bessent helped draft speeches and write policy proposals for Trump's economic ideas. Dubbed a "Trump whisperer" by Forbes, Bessent has signaled support for some of Trump's key proposals.

Persons: Scott Bessent, Bessent, George Soros, Donald Trump, Trump's, Trump, Al Gore, Soros, James Rogers, hasn't, John Freeman, he's, — Trump, Jerome Powell's Organizations: Trump, Wall Street, Group, GOP, Democratic, Street Journal, Yale, Soros Fund Management, Republican, Soros, Mar, Forbes, CNBC, Federal Locations: South Carolina, New York City, Charleston , South Carolina, Southampton , New York

☆ Why some U.S. companies are scaling back DEI programs
▼ + stars: | 2024-11-22 | by ( Delon Thornton | ) www.cnbc.com time to read: +1 min

Donald Trump's election has left some concerned that his policies could harm diversity, equity and inclusion initiatives, especially given some of his outspoken Cabinet picks and his interest in potentially dismantling the Department of Education. Though some companies are pulling back, many still view DEI as essential. DEI became a top priority for U.S. companies after the 2020 protests following George Floyd's murder. But in the past couple of years, some of these same companies like Google, Meta , Lowe's and Ford have scaled back their DEI initiatives, citing political pressure, high costs and economic uncertainty. Watch the video above to find out more about why some companies are pulling back from DEI initiatives.

Persons: Donald Trump's, Mary, Frances Winters, George Floyd's Organizations: of Education, The, Companies, Harvard Kennedy School, Fortune, McKinsey Institute, Google, Ford

Precincts where Harris gained or lost votes compared with Biden in 2020 A New York City map full of inverted orange triangles indicating precincts where Ms. Harris lost votes compared with Mr. Biden in 2020. Precincts where Harris gained or lost votes compared with Biden in 2020 Map zooms to Corona in Queens, showing many inverted orange triangles indicating precincts where Ms. Harris lost votes compared with Mr. Biden in 2020. Precincts where Harris gained or lost votes compared with Biden in 2020 The map pans east to Flushing, where many inverted orange triangles indicate precincts where Ms. Harris lost votes compared with Mr. Biden in 2020. Precincts where Harris gained or lost votes compared with Biden in 2020 The map shifts to University Heights in the Bronx, where large orange inverted triangles indicate precincts where Ms. Harris lost votes compared with Mr. Biden in 2020. Precincts where Harris gained or lost votes compared with Biden in 2020 The map shifts to East Harlem in Manhattan, where large orange inverted triangles indicate precincts where Ms. Harris lost votes compared with Mr. Biden in 2020.

Persons: Donald J, Trump, George H.W, George H.W . Bush, Harris Trump, Red, Kamala Harris, Joseph R, Biden, Jr, Vincent M, Harris, Clinton Organizations: Bronx, Bronx MANHATTAN QUEENS Harris, Bronx MANHATTAN QUEENS Harris BROOKLYN STATEN ISLAND Bronx MANHATTAN QUEENS Trump BROOKLYN STATEN ISLAND Trump, Democrats, Republican, Democratic, New, Queens −, Brooklyn −, Manhattan, −, Yorkers, Democratic Party, Heights, Borough Park, Mr, Harris, Harris Trump Borough Park, Corona, Queens, Harris Trump Locations: Bronx MANHATTAN, Bronx MANHATTAN QUEENS Harris BROOKLYN STATEN, New York City, George H.W ., Red Hook, Brooklyn, Riverdale, Bronx, Manhattan, Queens, York City, Corona, Flushing, Upper Manhattan, East Harlem, Harlem, Clinton Hill, Harris Trump, Woodhaven, Richmond Hill, Elmhurst, Gravesend, Heights, Tremont

CNN —President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury. A key Cabinet player, the US Treasury secretary advises the president on economic and fiscal matters, including spending and taxes. Bessent would be the first out gay Treasury secretary, as well as the first LGBTQ Senate-confirmed Cabinet member in a Republican administration, according to The Associated Press. Compared to Lutnick’s more aggressive campaign for the role, Bessent led a more understated quest for the position. All of the names Trump put out Friday night had been decided by the afternoon, the sources said, but he wanted to name his Treasury secretary first before publicly releasing his other decisions.

Persons: Donald Trump, Scott Bessent, “ Scott, ” Trump, Scott, ” Bessent, Trump, George Soros, Bessent’s, Bessent, Pete Buttigieg, ”, Howard Lutnick –, Lutnick, Cantor Fitzgerald, fides, MAGA, Elon, Steven Mnuchin, Mnuchin, Kayla Tausche, Matt Egan Organizations: CNN, Department of, Treasury, of Innovation, Capital, U.S, Reserve, Square Capital Management, Soros Fund Management, Democratic, Senate, Republican, Associated Press, Biden, Wall Street, Trump, ”, Financial Times, CNBC, Soros, United, Republicans, Treasury Department Locations: United States, United States of America, China

☆ Opinion | We Wanted a New Republican Party. Trump Delivered.
▼ + stars: | 2024-11-22 | by ( Ross Douthat | ) www.nytimes.com time to read: +55 min

Barack Obama was elected president, and the mood in the Republican Party picked up on the mood you’ve already described. But in the end, what he did electorally was not in that election to build the pan ethnic working class Republican Party. But at the very least, there was the conventional wisdom was that the Republican Party had to move substantially to the left on immigration. I just think that if the Republican Party is not the party of private property and wealth building, so I don’t think. Is there any chance that the Republican Party is about to not be the party of private property and wealth building No, no, I think you’re right.

Persons: I’m Ross Douthat, Donald Trump didn’t, Trump, I’ve, Reihan Salam, Reihan, George W, I’m, pry, Ross, Ross Douthat, let’s, Bill Kristol, Bush, Boomer, Giuliani, Ronald Reagan, wasn’t, Bill O’Reilly, Ross Reihan, Bush’s, Barack Obama, Obama, That’s, Mitt Romney, Paul Ryan, Ryan, Rush Limbaugh, notionally, Jeb Bush, Marco Rubio, Bill Clinton, Donald J, Let’s, it’s, It’s, ”, Donald Trump, Rudy Giuliani, Will, electorally, Romney, we’d, didn’t, Pat, John McCain, Frank, Kavanaugh, Trump’s, George Floyd, Biden, hadn’t, progressivism, premised, ender, New Party ”, ryan, neoliberals, Steve Bannon, Steve Moore, we’re, Moore, Bannon didn’t, COVID, JD Vance, Elon Musk, Musk, he’s, Vance, hasn’t, Clinton, Hillary Clinton, Margaret Thatcher’s, Reagan, Roosevelt, Republican policymaking, we’ve Organizations: New York, Republican Party, Manhattan Institute for Policy Research, New Party, New York Times, Harvard Institute of Politics, Harvard, The, Democratic, Great Society, Republicans, Republican, Reagan Democrats, Tribune, Trump, Perot, Tea Party, Party, Social Security, Grand New Party ”, Romney, Obama Trump voters, GOP, Amnesty, Reagan, Biden, American, America, romney, Infrastructure, Clinton Democrat, Uc Locations: Washington , DC, Northwestern, Washington ,, New York, Washington, Iraq, America, “, China, American, United States, Clinton, it’s, Nevada

☆ Cleveland Browns edge past Pittsburgh Steelers in snowy Thursday Night Football showdown
▼ + stars: | 2024-11-22 | by ( Jacob Lev | Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —The weather at Huntington Bank Field was the main talking point as the Cleveland Browns hosted division rivals Pittsburgh Steelers on Thursday Night Football. Steelers kicker Chris Boswell opened the scoring with a 48-yard field goal in the second quarter. 1st quarter 🆚 4th quarter pic.twitter.com/yjG7f0pHjU — Cleveland Browns (@Browns) November 22, 2024Despite the conditions, Cleveland extended its lead in the fourth quarter after Browns quarterback Jameis Winston dove into the endzone for a two-yard score and later successfully completed a two-point conversion to make it 18-6. Pittsburgh Steelers players Nick Herbig and Patrick Queen celebrate a fumble against the Cleveland Browns in the fourth quarter. — Cleveland Browns (@Browns) November 22, 2024As Cleveland celebrated the win, it appeared Steelers wide receiver George Pickens and Browns cornerback Greg Newsome got into scuffle, but it was quickly broken up.

Persons: Nick Chubb, Chris Boswell, Chubb, Cleveland, Myles Garrett, ove, lew, ake, ickens, eason, alf, ike, enver Organizations: CNN, Huntington Bank, Cleveland Browns, Pittsburgh Steelers, Browns, Steelers, ard, ust, ue O, eads Locations: ried, ife

☆ British royal residences are hosting Christmas events for the public this year
▼ + stars: | 2024-11-22 | by ( Kathy Rose Obrien | ) edition.cnn.com time to read: +7 min

But times have changed and many royal residences are getting into the holiday spirit by opening their doors to the public for a range of festive events. And this winter there are exclusive guided tours at Buckingham Palace, Windsor Castle and the Palace of Holyroodhouse. Here is our selection of Christmas offerings fit for a monarch:The Sandringham EstateThe Sandringham Estate is in Norfolk, eastern England. There’s also a Christmas tree maze and a new tree house this year, plus marshmallow-toasting by the firepits. Historic Royal PalacesAt Hillsborough Castle, Northern Ireland’s royal residence, the 100-acre gardens are putting on an after-dark winter trail inspired by the 12 Days of Christmas.

Persons: King Charles, Queen Victoria, Prince Albert –, King Charles ’, Prince Harry, Meghan Markle’s, Queen Elizabeth II, George’s, Queen Mary, Scotland David Cheskin, Santa Claus, Mary , Queen of, you’re, Lottie Longman, Robin, You’ll, London James Linsell, Princess Victoria’s, Palaces Henry VIII, you’ll, Henry, Warders, England, Henry VIII – Organizations: CNN, Sandringham Estate, Robin Chapel Choir, Hillsborough, Northern Ireland ., Palaces, Northern, London . Historic Locations: Buckingham Palace, Balmoral, Palace, Windsor, Holyroodhouse, Sandringham, Norfolk, England, Sandringham Estate Sandringham, Windsor Castle, London, St, Edinburgh, Scotland, Santa, Belfast, Northern Ireland, Hillsborough Castle , Northern, Kensington, Hampton, Richmond, Thames

☆ Xi was unusually frank in spelling out China's 4 'red lines' for the US, a clear warning for Trump's China hawks
▼ + stars: | 2024-11-22 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Xi outlined China's "red lines" for the US, including the country's rights to development. He told Washington not to cross "four red lines" — which analysts say is a clear message for the incoming Trump administration. Foreign Minister Wang Yi has warned about not crossing Beijing's "red lines" in the past. AdvertisementXi's language raised some eyebrows, with analysts calling it "harsh" and deeming China's foreign ministry readout "strikingly negative" in some sections. Related storiesXi named Taiwan President William LaiOf the four "red lines," Taiwan is the most sensitive issue between the two countries, as Xi has repeatedly said over the years.

Persons: Jinping, Biden, Xi, Xi Jinping, Joe Biden, Washington, Trump, Igor Khrestin, George W, Khrestin, it's, Wang Yi, Florida Sen, Marco Rubio —, Beijing —, Jersey Lee, William Lai, William Lai Ching, Democratic Progressive Party —, Lai Ching, Lai, Tsai Ming Organizations: Trump, APEC Economic, Bush Institute, Trump Administration, Business, Beijing, State, Lowy, Democratic Progressive Party, Taiwan's National Security Bureau Locations: Beijing, China, Lima , Peru, Taiwan, Florida, United States, US, Ukraine

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