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The West WingOne of Trump’s most important picks will be his White House chief of staff. Karoline Leavitt, who was Trump’s campaign spokeswoman, is being considered as White House press secretary – a job that typically is the most public-facing position in the White House. National security postsTrump has suggested his national security team would be tasked with reassessing the United States’ posture toward Ukraine and Russia, China, Iran, and the simmering conflict in the Middle East. The debate over a renewed Trump’s “America First” agenda is expected to pit Republican national security hawks against the party’s isolationist wing. Secretary of state and national security adviser will be among the most hard-fought positions to stand at the forefront of those shifts.

Persons: Donald Trump’s, Trump, Howard Lutnick, Linda McMahon, John McEntee, Cliff Sims, Ross Werner, Goldman Sachs, Trump’s, John Kelly, Susie Wiles, Wiles, Russ Vought, Brooke Rollins, Bob Lighthizer, Karoline Leavitt, –, Musk, Robert F, Kennedy Jr, Elon Musk, helms, Kennedy, ”, Ken Paxton, Matt Whitaker, Jeff Sessions, Sen, Mike Lee of, of National Intelligence John Ratcliffe, Mark Paoletta, Kash Patel, Patel, Christopher Wray, James Comey, Jeffrey Jensen, Louis, Bill Barr, Jensen, Michael Flynn, Barr, Florida Sen, Marco Rubio, Tennessee Sen, Bill Hagerty, Richard Grenell, Grenell, ” Arkansas Sen, Tom Cotton, Keith Kellogg, Ratcliffe, Gina Haspel, Cotton, Mike Waltz, Mike Pompeo, Elise Stefanik, She’s, Morgan Ortagus, David Friedman, Kelly Craft, Scott Bessent, “ He’s, MAGA, he’s, Elon, Hank Paulson, George, Jay Clayton, Lighthizer, McMahon, Doug Burgum, flinch, Jamieson Greer, CNN’s Kevin Liptak, Alayna Treene, Hannah Rabinowitz, Kylie Atwood Organizations: CNN, Trump, White House, Heritage Foundation, White, Pentagon, West, America, Policy Institute, RFK Jr, SpaceX, Senate, Republicans, PAC, Department of Health, Human Services, Environmental Protection Agency, Department of Agriculture, Justice and Homeland Security, of National Intelligence, Conservative, FBI, Republican, Central Intelligence Agency, CIA, New York Republican, House GOP, United Nations, UN, State Department, Soros, Goldman, George Bush’s, Department, Chinese Communist Party, Securities and Exchange Commission, Treasury, Commerce Department . North Dakota Gov, US Trade Locations: Trump, Central Park, Texas, Mike Lee of Utah, Beach, St, United States, Ukraine, Russia, China, Iran, Florida, Tennessee, Japan, Germany, ” Arkansas, Barr, UN

☆ What we know about the transition so far
▼ + stars: | 2024-11-06 | by ( Betsy Klein | ) edition.cnn.com time to read: +6 min

Representatives from Trump’s team met with federal agency transition planners last week to discuss “post-election readiness,” according to a White House official. GSA “is prepared to provide services to the Trump transition team once an MOU is executed and services are accepted,” a GSA spokesperson said. The federal transition coordinator, a White House spokesperson told CNN, is “actively working” with the president-elect’s transition team to complete its MOU. Trump’s transition team also has not met that deadline. The Agency Transition Directors Council, co-chaired by OMB deputy director Jason Miller and the GSA’s federal transition coordinator, Aimee Whiteman, began meeting monthly with career representatives from each agency.

Persons: Donald Trump, Biden, ” Max Stier, Stier, “ The, ”, Linda McMahon, Cantor Fitzgerald, Howard Lutnick, Harris, Jason Miller, Aimee Whiteman, Valerie Boyd, Barack Obama, Joe Biden, Obama, Trump, ” Trump Organizations: Washington CNN —, Trump’s, White, Public Service, CNN, “ The Biden, Trump, Office of Management, Budget, General Services Administration, Republican, Democratic Party, OMB, GSA, Small Business Administration, ”, House, Activity, Center, Partnership for Public Service

☆ Trump, surrounded by pro-crypto advisors, signals a 'step change' for the industry, says Galaxy's Novogratz
▼ + stars: | 2024-11-06 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

It's the dawn of a new day for the crypto industry with Donald Trump now the president-elect of the United States, said Galaxy Digital's Michael Novogratz, calling out the numerous crypto advocates that have advised him. "We've got a Congress that is moving our way, we've got a president that's moving our way, and so for Galaxy and the crypto industry, that couldn't be more optimistic," he said on CNBC's "Squawk Box" Wednesday morning. "Those three positions, with someone who's open minded to crypto … changes everything," he said. And all of a sudden we'll start seeing decentralized systems launched and work so this is really a step change." The shift won't happen overnight, Novogratz warned, but as Trump starts to appoint people into various positions of leadership there will be "a substantial shift in the energy of this industry."

Persons: Donald Trump, Michael Novogratz, We've, we've, that's, Novogratz, Joe Biden, Trump, JD Vance, Peter Thiel, Howard Lutnick, Cantor Fitzgerald, Sen, Elizabeth Warren, Biden, Gary Gensler Organizations: Galaxy, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Street, Bank of New, Silicon, SEC Locations: United States, U.S, Bank of New York

☆ Company executives are speaking out on Election Day: Starbucks' Howard Schultz calls for a peaceful transition of power
▼ + stars: | 2024-11-05 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +9 min

Business leaders are speaking out on Election Day — including Starbucks founder Howard Schultz. AdvertisementElection Day has finally come, and executives at some of the biggest companies are speaking out — with former Starbucks CEO Howard Schultz urging a peaceful transition of power and Elon Musk reiterating his support for Donald Trump to the end. Major players like Musk and Blackstone CEO Stephen Schwarzman have previously endorsed former President Trump. "Once every vote is counted and certified, we must accept the results of the election and ensure the peaceful transition of power," he said. In addition to re-posting several pro-Trump messages from other X users, Musk wrote a few election-related posts of his own.

Persons: Howard Schultz, Schultz, Elon Musk, Reid Hoffman, Harris, —, Donald Trump, Stephen Schwarzman, Trump, Mark Cuban, Kamala Harris, Insider's Bryan Metzger, he's, Howard Schultz Howard Schultz, Spencer Platt, Joe Biden, Hillary Clinton, Reid Hoffman Reid Hoffman, Kimberly White, Hoffman, " Hoffman, Marc Piasecki, Musk, Joe Scarborough, Vinod Khosla Vinod Khosla, Steven Ferdman, Vinod Khosla, Kamala, Khosla, Robert F, Kennedy Jr, Cantor Fitzgerald, Howard Lutnick Howard Lutnick, ANGELA WEISS, Howard Lutnick, Lutnick, Palmer Luckey Palmer Luckey, Oculus, Patrick T, Fallon, Palmer, Luckey, Walz, Andrew Bosworth, JOSH EDELSON, Getty Andrew Bosworth, Bosworth, Eli Lilly, Lockheed Martin, General Mills, Johnson Organizations: Starbucks, Trump, Service, Blackstone, Getty, LinkedIn, Greylock Partners, Liberty, SpaceX, Elon Musk Elon, Tesla, Pennsylvania, Billionaire, Sun Microsystems, Wall Street, Philadelphia Inquirer, Financial Times, Bloomberg, Anduril Industries, Meta, Big Tech, National Association of Manufacturers, General Motors, Penske, Panasonic Locations: Jerusalem, Fortnite, AFP

GOP senators and top aides say the race could go either way. Scott, who is a McConnell critic, has been more willing to fall in line with Trump than Cornyn or Thune over the last several years. Both Thune and Cornyn are closely politically aligned with the longtime GOP leader. Asked if he would like to get more public endorsements from GOP senators, Thune said he is not asking anyone to do that. They also point out his remarkable ascent – he defeated then-Senate Democratic Leader Tom Daschle in 2004 and is now on a path to possibly becoming GOP leader.

Persons: Mitch McConnell’s, Donald Trump, Sen, John Cornyn, John Thune, McConnell, Trump, Cornyn, Joe Rogan, ” Cornyn, Thune, they’ve, Howard Lutnick, Linda McMahon, Rick Scott, Scott, ” Scott, Laura Loomer, Markwayne Mullin, he’s, “ I’d, ” Mullin, Jonathan Ernst, “ There’s, ”, West Virginia Sen, Shelley Moore Capito, John Barrasso of, Barrasso, Cornyn’s, “, ” Thune, don’t, —, I’ve, MAGA, — Trump, ” Trump, Kristi Noem, Kristi, GOP Sen, Tim Scott of, Anna Moneymaker, Steve Daines, Thune’s, Tom Daschle, Biden, Vance Organizations: CNN, GOP, Senate, Trump, Mar, Trump voters, ”, Republicans, U.S, Capitol, Johns, Republican, Thune, National Republican, Committee, “ Liberal, South Dakota Gov, RINO, U.S . Senate, South Dakota, New, Senate GOP, Democratic Locations: Reno , Nevada, Austin , Texas, Texas, Lago, Washington, Florida, Washington , U.S, West Virginia, John Barrasso of Wyoming, United States, South Dakota, U.S, South, “, Tim Scott of South Carolina, New Hampshire, Washington , DC, Montana, Michigan , Indiana , Nevada

Kennedy, who ran for president as an independent this year before dropping his bid and endorsing Trump, has long spread conspiracies and falsehoods about vaccines and other public health matters. Asked Sunday whether banning certain vaccines would be an option during a second term, the former president didn’t rule it out. “Well I’m going to talk to [Kennedy] and talk to other people, and I’ll make a decision, but he’s a very talented guy and has strong views,” Trump said. Robert F. Kennedy Jr., a vaccine skeptic, could be poised to play a central role in health if Trump is re-elected, according to NBC reporting. “You know, it’s possible.”Major public health groups support water fluoridation, and health groups also emphasize that the practice is safe.

Persons: Donald Trump, Robert F, Kennedy Jr, Kennedy, Trump, didn’t, ” Trump, Rebecca Noble, “, ”, Howard Lutnick, Joe Rogan, Ohio Sen, JD Vance, Trump’s Organizations: NBC, NBC News, Trump Locations: Arizona, Ohio

"He can do anything he wants," Trump said. The CDC has routinely said that the worst side effects from Covid vaccines are not worse than the potential effects of the Covid virus. And, Covid vaccines do not increase the risk of death, while the Covid virus does. In August, he suspended his own independent presidential campaign and endorsed Trump. “The only thing President Trump and his campaign team are focused on is winning on November 5th," Trump campaign senior adviser Jason Miller said in a statement Friday.

Persons: Donald Trump, Robert F, Kennedy Jr, —, Tucker Carlson, Kennedy, Trump, “, Carlson, Joe Rogan, Vance, he'd, I’ve, I’m, he's, Tulsi Gabbard, Howard Lutnick, Lutnick, Bobby Kennedy Jr, Karoline Leavitt, Jason Miller, Bobby Kennedy, ” Organizations: Fox News, Trump, Covid, Centers for Disease Control, CDC, NBC News, Food, Democratic, Department of Health, Human Services, Department of Agriculture, CNN, National Institutes of Health, NBC, RFK Locations: Arizona

On the campaign trail, both Trump and Kennedy have pitched a “Make America Healthy Again” movement. However, he wasn’t sure how Warp Speed would apply to childhood chronic diseases — or in what way Kennedy would be helpful. If the plan goes forward, Kennedy’s mandate would be an “all-of-government-project” and allow him to marshall resources from all of these agencies for childhood chronic disease. What’s still to be determined, Altman said, is how much — if any — authority the Warp Speed role would give Kennedy to command agencies such as the FDA or CDC. Trump transition co-chair Howard Lutnick also praised Kennedy in an interview with CNN Wednesday night, and questioned whether vaccines are actually safe.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, Paul Offit, denialism, ” Offit, Robert Redfield, John ., ” Redfield, ” Trump, Karoline Leavitt, He’ll, ” That’s, marshall, —, “, ”, Drew Altman, What’s, Altman, ” Altman, Eric Hargan, Robert Redfield –, Redfield, Howard Lutnick, Sidney Miller, Russell Brand, Brand Organizations: Centers for Disease Control, Trump, Children’s Hospital of Philadelphia, NBC News, RFK, Department of Health, Human Services, CDC, Food and Drug Administration, National Institutes of Health, Department of Agriculture, HHS, Senate, FDA, CNN, Addiction Locations: U.S, Sidney Miller of Texas

☆ Howard Lutnick: Trump transition team co-chair endorses Kennedy anti-vax theories and says he would be able to access health data
▼ + stars: | 2024-10-31 | by ( Shania Shelton | ) edition.cnn.com time to read: +4 min

Lutnick also said tech entrepreneur Elon Musk would “help” rather than serve in the government if Trump wins. Lutnick could hold serious sway over which prospective candidates get in front of Trump as they vie for key positions in the federal government. Kennedy on Monday told supporters that Trump has promised to give him sweeping power over multiple agencies if the former president wins the election. Trump has previously told CNN he would consider appointing Kennedy to a role in a potential second administration. Kennedy serves on Trump’s transition team and has been campaigning as a surrogate for him in key battleground states since exiting the presidential race.

Persons: Vance, Robert F, Kennedy Jr, Trump, Donald Trump, CNN’s Kaitlan Collins, ” Howard Lutnick, Kennedy, “, Lutnick, Elon Musk, ” Lutnick, “ Let’s, Bobby Kennedy’s, ” Kennedy, Collins, “ He’s, CNN’s Zachary B, Wolf, Aaron Pellish Organizations: CNN, Trump, Department of Health, Human Services, HHS, FDA, Monday, CDC, Centers, Disease Control, Food, Drug Administration, National Institutes of Health, USDA, Department of Agriculture, SpaceX, Tesla Locations: United States

☆ Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
▼ + stars: | 2024-10-29 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Tesla and SpaceX CEO Elon Musk speaks at a rally for former US President and Republican presidential candidate Donald Trump at Madison Square Garden in New York, October 27, 2024. Former President Donald Trump's top allies and surrogates, like Tesla CEO Elon Musk appear to accept that the Republican presidential nominee's policy plans could trigger a short-term economic thunderstorm. But they contend it will be worth the sunnier long-term outlook. "Correct: If I raise the tariff on just this particular idiosyncratic product, yes, right, it will be more expensive," Lutnick said in a Thursday interview on CNBC's "Squawk Box," responding to a question about whether universal tariffs would effectively become a short-term sales tax. Trump's running mate, Ohio Sen. JD Vance, has also nodded to the potential consumer pain of Trump's vision for across-the-board tariffs, though he hedged that it would be worth the possible benefits.

Persons: Tesla, Elon Musk, Donald Trump, Donald Trump's, Musk, Trump, Cantor Fitzgerald, Howard Lutnick, Vance, Lutnick, Trump's, Ohio Sen, JD Vance Organizations: SpaceX, Republican, Madison, Tesla, Trump, Press Locations: New York, U.S

☆ Elon Musk says at a New York Trump rally that he could save the country $2 trillion through a department of efficiency
▼ + stars: | 2024-10-28 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Elon Musk on Sunday briefly spoke at a campaign rally for Donald Trump in New York. In his speech, Musk said he'd save the US $2 trillion through a department of government efficiency. Musk and Trump have both suggested that Musk could be a member of Trump's cabinet if he's reelected. "I think we can do at least $2 trillion," Musk replied, receiving cheers from the crowd. Musk and representatives for the Trump campaign did not immediately respond to a request for comment from Business Insider.

Persons: Elon Musk, Donald Trump, Musk, he's, —, Elon, Tesla, he'd, Howard Lutnick, Cantor Fitzgerald, Lutnick, Harris, Trump Organizations: Trump, Service, SpaceX, Biden, Department of Government Efficiency, Business Locations: New York, United States, United States of America, Trump's

☆ Elon Musk took the stage at a Trump rally to talk about taxes and the 'Department of Government Efficiency'
▼ + stars: | 2024-10-28 | by ( Katherine Tangalakis-Lippert | Cheryl Teh | ) www.businessinsider.com time to read: +5 min

Elon Musk briefly spoke at a campaign rally for Donald Trump in New York on Sunday. Musk said he'd save the US $2 trillion through a department of government efficiency. AdvertisementAt a campaign rally for former President Donald Trump in New York on Sunday, Elon Musk said he'd save the United States $2 trillion through a department of government efficiency. "I think we can do at least $2 trillion," Musk replied. Musk and representatives for the Trump campaign did not immediately respond to a request for comment.

Persons: Elon Musk, Donald Trump, Musk, —, Howard Lutnick, Cantor Fitzgerald, Lutnick, Tesla, Harris, Trump, he'd, Musk's, Kamala Harris Organizations: Service, Sunday, SpaceX, Biden, Department of Government Efficiency, Trump, Social Security, Small, Budget, Street, Trump Musk, America PAC, The New York Times, Siena College Locations: New York, United States, Pennsylvania, Trump's

☆ Union rank-and-file workers will vote for Trump, says Trump transition co-chair Howard Lutnick
▼ + stars: | 2024-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnion rank-and-file workers will vote for Trump, says Trump transition co-chair Howard LutnickHoward Lutnick, Cantor Fitzgerald chairman and CEO, BGC Group CEO and chairman, Newmark Group chairman, and Trump-Vance 2025 transition team co-chair, joins 'Squawk Box' to discuss the state of the 2024 election, his support for former President Donald Trump, impact of Trump's tariff proposals, and more.

Persons: Trump, Howard Lutnick Howard Lutnick, Cantor Fitzgerald, Vance, Donald Trump Organizations: Union, Group, Trump

The Many Links Between Project 2025 and Trump’s WorldFormer president Donald J. Trump has repeatedly claimed that he had nothing to do with Project 2025, the Heritage Foundation’s conservative policy initiative to reshape the federal government. But Project 2025 has numerous ties to Mr. Trump and his campaign, a New York Times analysis has found. L. ZorcJump to the full list of authors, editors and contributorsSpokespeople for Project 2025 have denied that they are advocates for any particular candidate, and Project 2025 has no official ties to the Trump campaign. To limit the appearance of connection, Mr. Trump’s transition team has been excluding prominent people linked to Project 2025 from its preparations. Project 2025 additionally calls for the dismantling of the federal Education Department, which Mr. Trump has also pledged to do.

Persons: Donald J, Trump, Kevin D, Roberts, Edwin J, Trump’s, Albrecht Mark Albrecht, Anderson J, Anderson Jeff Anderson, Anton Michael Anton, Antoni A, Arthur Andrew Arthur, Atkins Paul Atkins, Axelrod Julie Axelrod, Bacon James Bacon, Baehr James Baehr, Baker E, Erik Baptist, Bennett J, Berlau, Berman Russell Berman, Bhagat S, Billy Stephen Billy, Bishop Brad Bishop, Bixby J, Blackman J, Jim, Bovard, Bowman Matt Bowman, Bradbury Steven G, Bradbury, Brashers J, Bronitsky Jonathan Bronitsky, Brosnan Kyle Brosnan, Brown R, Burkett Robert Burkett, Burley Michael Burley, J, Butcher, Mark Buzby, Byfield, Byrd David Byrd, Campau Anthony Campau, Carroll O, Cass B, Cavanaugh Brian J, Cavanaugh, Chretien Spencer Chretien, Christensen V, Coates Victoria Coates, Ellie Cohanim, Cohen Ezra Cohen, Colby Elbridge Colby, Comstock Earl Comstock, Correnti Lisa Correnti, Crowley Monica Crowley, Cunliffe Laura Cunliffe, Sergio de la, Ruyter, Del, Dennis Irv Dennis, DeVore J, Dickerson, Ding Michael Ding, Dodson, Dave Dorey, Eden T, Edgar Troy Edgar, Edlow Joseph Edlow, Ehlinger Jen Ehlinger, Ehrett, Eichamer Kristen Eichamer, Eitel Robert S, Estrada, Farkish Thompson, Feere Jon Feere, Fisher Travis Fisher, Fishman George Fishman, Ford Leslie Ford, Friedman Aharon Friedman, Frohnen J, Frushone Joel Frushone, Fulton Finch Fulton, Gabel Caleigh Gabel, Gaiser Alexandra Gaiser, Garza P, Geller, Gillen J, Gilmore James S, Gilmore, Ginn Vance Ginn, Alma Golden, Gore, D, Greenberg Dan Greenberg, Greenway, Greszler, DJ Gribbin, Grisedale Garrison Grisedale, Grogan Joseph Grogan, Guernsey J, Gunter Jeffrey Gunter, Guy Joe Guy, Guzman Joseph Guzman, Hanania, Harlow David Harlow, Harvey Derek Harvey, Hayes, Edie Heipel, Hemenway Troup, Hoekstra Pete Hoekstra, Hoffman T, Homan Tom Homan, Horner Chris Horner, Howell Mike Howell, Huber Valerie Huber, Hughes Andrew Hughes, Humire, Iacovella, Israel K, Ivory R, Jankowski Roman Jankowski, Jay Carafano James Jay Carafano, Jones, Kao J, Kelson Jared M, Kelson, Kilmartin Ali Kilmartin, Kirchner Julie Kirchner, Kish, Klukowski Kenneth A, Adam Korzeniewski, Bethany Kozma, Kozma Matthew Kozma, Krein, Kurtz, LaCerte David LaCerte, Larkin P, Lawrence Paul Lawrence, Lawrence III James R, Lawrence III, Legates David Legates, Lewis B, Lieberman J, Ligon John Ligon, Lim Evelyn Lim, Lorraine Viña Morgan Lorraine Viña, Loyola Mario Loyola, G, Malcolm J, Masterman, Matthews Earl Matthews, Mauler, McCall, McCotter Trent McCotter, Meadowcroft Micah Meadowcroft, Meese, Melugin, Mermoud, Miller, Mitchell K, Kevin E, C, Morell Clare Morell, Morgan Mark Morgan, Morgen Hunter Morgen, Morrison J, Moy, Murray R, Nabil M, Nasi L, Niemeyer Lucian Niemeyer, Nazak, Milan Nikolich, Nuebel, Kathy Nuebel Kovarik, Orr, Owcharenko Schaefer Nina Owcharenko Schaefer, O’Brien, Michael, Pedersen Leah Pedersen, Pillsbury Michael Pillsbury, Pizzella Patrick Pizzella, Porter K, Kevin Preskenis, Pryor Pam Pryor, Pyle J, Ratcliffe John Ratcliffe, Ray Paul Ray, Reddan J, Richards J, Richardson Jordan Richardson, Richwine Jason Richwine, Ries Lora Ries, Rios, Mark Robeck, Rockas James Rockas, Royce R, Rubinstein Reed Rubinstein, Ruger, Ruse, Sadler J, Sanders, Carla Sands, Sauve, Schaefer, Schuck Matt Schuck, Schwab Justin Schwab, Schweppe, Scribner, Selnick Darin Selnick, Sewell K, Sgamma, Sharp J, Shelton Judy Shelton, Simington Nathan Simington, Smith Loren Smith, Smith J, Spencer A, Spero Adrienne Spero, Spoehr, Onge C, Stanley Chris Stanley, Stannard Paula M, Stannard, Steiger William Steiger, Stein, Stephany Saunders, Stewart Corey Stewart, Stull Mari Stull, Sullivan Katharine T, Sullivan, Swearingen, Sweeney R, Swope Robert Swope, Szabo Aaron Szabo, Katy Talento, Tata Tony Tata, Thurman Todd Thurman, Tolman K, Tonnessen Kayla M, Trotter, Troy C, Tufts Clayton Tufts, Valdez, Mark Vandroff, Vaughan J, Venable, Vollmer, Wallace DeWitt C, Wallace DeWitt, Walsh E, Walsh Erin Walsh, Ward, Waters, William Salter M, Williams Michael Williams, Wolff J, Wolfson Jonathan Wolfson, Alexei Woltornist, Wuco Frank Wuco, Ybarra J, Zadrozny John Zadrozny, ”, John McEntee, James Bacon, Reagan, Howard Lutnick, Joseph R, Biden Jr, Dennis Dean Kirk, Kirk, Mr, “, JD Vance, Roberts’s, Kevin Roberts, Rick Dearborn, Russell T, Evan Vucci, Paul Dans, Dans, Ken Cuccinelli, Christopher Miller, Chip Somodevilla, Samuel Corum, The New York Times Christopher Miller, Biden, Miller’s, Skinner, Gene Hamilton, Hamilton, ” President Biden, Ben Carson, Todd Heisler, Jonathan Berry, Carson, Stephen Moore, Peter Navarro, Navarro, Karen Kerrigan, Ken Cedeno, Edwin Feulner, Robert Bowes Organizations: Heritage, New York Times, Mr, Leadership, Trump, Ivory, Loyola, Poole, Royce, Tufts, Heritage Foundation, The New, The New York Times, Washington Post, Associated Press, White, White House, Republican, Management, Defense , Homeland Security, State, Homeland Security Department, Defense Department, Twitter, State Department, Justice Department, ”, federal Education Department, Urban Development Department, Republican National Convention, Center for American Progress, Small Business Administration, Small Business, Entrepreneurship Council, Federal Communications Commission, Federal Trade Commission Locations: Guernsey, The New York, Palm Beach, Fla, Southern

☆ Small caps just hit levels not seen in nearly three years
▼ + stars: | 2024-10-17 | by ( Fred Imbert | Kavitha Shastry | ) www.cnbc.com time to read: +2 min

Small-cap stocks are looking very good right now. Lower rates can boost smaller companies by allowing them to borrow money for cheaper and expand their businesses. Smaller companies are more vulnerable to economic cycles. Despite this recently strong performance, small caps are still lagging their large-cap counterparts for the year. To be sure, some on the Street are pointing to another driver for small caps: the potential of a Trump victory on Election Day.

Persons: Russell, IWM, JC O'Hara, Roth MKM, Eric Johnston, Cantor Fitzgerald, Donald Trump, Kamala Harris, Cantor, Howard Lutnick Organizations: Federal Reserve, Fed, Insight Enterprises, Trump Locations: China

“To date, GSA has entered into an MOU with the Harris transition team outlining the terms for space and services, and is prepared to provide services to the Trump transition team once an MOU is executed and services are accepted,” a GSA spokesperson said. The Harris team has also submitted its ethics plan; the Trump team has not. The federal transition coordinator, a White House spokesperson told CNN, is “actively working” with the former president’s transition team to complete its MOU. Inside Biden administration preparationsThe Biden administration began preparing for this transition in 2023, starting with the appointment of a federal transition coordinator, a senior career official who serves as the main liaison between the candidates and eventual president-elect. “We were waiting for the phone calls [from the Trump team], waiting for people to show up, and they never did.

Persons: Donald Trump’s, Max Stier, “, ”, Trump, Chris Lu, Barack Obama’s, Harris, Biden, Linda McMahon, Cantor Fitzgerald, Howard Lutnick, Joe Biden, Yohannes Abraham, ” Stier, Stier, Chris Christie, Christie, Mike Pence, Obama, Jason Miller, Aimee Whiteman, Valerie Boyd, Bush, John McCain, Lu, George W, Al Gore’s, Harris ’, Boyd, Trump’s, –, you’re Organizations: CNN, Public Service, White, Office of Management, Budget, General Services Administration, Republican, Democratic, ’, Trump, Small Business Administration, Association of Southeast Asian Nations, GSA, ”, House, New, New Jersey Gov, Biden, Activity, OMB, Center, Partnership for Public Service, Senate Locations: Indonesia, New Jersey, Florida

Cabinet secretaries came and went in a Trump administration marked by head-spinning turnover. McMaster and John Kelly, all of whom were generals before they took high-ranking positions in the Trump administration. Another post that would loom large in a Trump administration is that of secretary of homeland security. Advisers to Trump’s transition include his sons Donald Trump Jr. and Eric Trump. Trump’s transition team is assembling small teams of people who would help shepherd nominees through to Senate confirmation.

Persons: Donald Trump, Trump, —, Hillary Clinton, Chris Christie, They've, ”, Max Stier, it’s, ” Stier, Kamala Harris, Harris, “, ” Sen, Mitt Romney, ” Romney, James Mattis, John Kelly, Romney, won’t, William Barr, Jeff Sessions, Mark Esper, Marc Short, Mike Pence, Sen, Lindsey Graham, ” Graham, Marco Rubio, Bill Hagerty of, Robert O’Brien, Mike Lee, Ken Paxton, — I’m, Dick Durbin, Tom Cotton, Mike Waltz, Mike Pompeo, Thomas Homan, Homan, ” Homan, “ Trump, Howard Lutnick, Cantor Fitzgerald, Linda McMahon, Lutnick’s, McMahon, Lutnick, Donald Trump Jr, Eric Trump ., Robert F, Kennedy Jr, Tulsi Gabbard, Doug Hoelscher, Hoelscher, Lisa Murkowski, Susan Collins of, Luther Strange, Strange, Roy Moore, Moore, Doug Jones, hadn’t, ’, President Trump, that’s, Stier Organizations: WASHINGTON, White, Former New Jersey Gov, Trump, Public Service, Democratic, H.R, McMaster, Senate, Trump White House, Republican Sens, White House, Harris, Committee, CIA, Customs, Republican National Convention, Small Business Administration, Trump’s, America, Office, Intergovernmental Affairs, Republican, Alabama, Democrat, Brookings, Capitol Locations: Washington, R, Utah, Marco Rubio of Florida, Bill Hagerty of Tennessee, Texas, Milwaukee, Hawaii, Alaska, Susan Collins of Maine, Alabama

The largest single-contributor donations went to MAGA Inc., the super PAC backing Trump, with Wisconsin roofing billionaire Diane Hendricks, a prolific GOP megadonor, giving $10 million to the group. On the Democratic side, tech entrepreneurs were the biggest donors to FF PAC, also known as Future Forward, a super PAC backing Harris’ presidential bid. Moskovitz donated $3 million to FF PAC, while Hastings, Jeff Lawson and Erica Lawson each gave $1 million. Super PACs like FF PAC and MAGA Inc. are havens for prolific political megadonors like Hendricks, Lutnick and Hastings because, unlike campaigns and their affiliated committees, super PACs don’t have limits on how much individuals can donate. Yass and Uihlein are both major GOP megadonors who have given to Club for Growth and other conservative groups for multiple election cycles.

Persons: Kamala Harris, Donald Trump, Diane Hendricks, Howard Lutnick, Cantor Fitzgerald, Paul Singer, Annette Caldwell Simmons, Harold Simmons, Warren Stephens, Harris, Leon Neal, Dustin Moskovitz, Reed Hastings, Twilio, Jeff Lawson, Erica, Moskovitz, Erica Lawson, Hastings, Joe Biden, Hendricks, Jeff Yass, Richard Uihlein, Amos Hostetter Jr Organizations: Democrats, Republicans, Federal, MAGA Inc, PAC, Trump, GOP, Elliott Management, Stephens Inc, Democratic, FF PAC, Facebook, Netflix, Growth, Susquehanna International Group, for Growth, House, Congress, Continental Cablevision Locations: Wisconsin, Hastings, Lutnick, Yass, Uihlein

☆ You can't produce inflation without printing money, says Trump transition co-chair Howard Lutnick
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou can't produce inflation without printing money, says Trump transition co-chair Howard LutnickHoward Lutnick, Trump-Vance transition co-chair and CEO and chairman of Cantor Fitzgerald, BGC Group and Newmark Group chairman, joins 'Squawk Box' to discuss the state of the 2024 election, Trump's economic plan, and more.

Persons: Trump, Howard Lutnick Howard Lutnick, Vance, Cantor Fitzgerald Organizations: Trump, Newmark Group

☆ JD Vance's Wall Street allies raise millions for the Trump campaign
▼ + stars: | 2024-09-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

Wall Street relationshipsOne of Vance's earliest interactions with Wall Street came shortly after the November 2016 presidential election, when he headlined a lunch in New York to discuss his newly published memoir. John Underwood, a longtime managing director at Goldman Sachs, encouraged his allies to support and raise money for Vance's Senate campaign, according to people familiar with the matter. He told them the Trump campaign would need "hundreds of millions of dollars" to compete with Vice President Kamala Harris' fundraising surge. The Ohio Republican's opposition to Wall Street was on full display during the Republican National Convention in Milwaukee in July. "Wall Street barons crashed the economy and American builders went out of business," Vance said in his nomination acceptance speech.

Persons: Vance, Marco Bello, Sen, JD Vance, Donald Trump's, Scott Bessent, Morgan Stanley's Jonathan Burkan, Cantor Fitzgerald, Howard Lutnick, Norm Champ, Keith Rabois, Jacob Helberg, J.D, Champ, Sander Gerber, Gerber, Goldman Sachs, Ohio Republican Sen, Rob Portman, John Underwood, Underwood, Steve Case, Trump, Omeed Malik, Emil Henry, Henry, Bush, Ted Virtue, Woody Johnson, Clifford Sobel, Richard Kurtz, Kamala Harris, Harris, Malik, John Paulson, Reuben Jeffery III Organizations: Republican U.S, Reuters, Ohio, Trump, Vance, Securities and Exchange Commission, CNBC, Hudson, Hudson Bay Capital, Netflix, Allen & Company, Ohio Republican, Senate, AOL, Tiger Infrastructure Partners, New York Jets, Hamptons, Valor Capital, Rockefeller & Co, Wall, Republican National Convention Locations: Kenosha, Kenosha , Wisconsin, U.S, New York City, Hudson Bay, New York, Ohio, Sun Valley , Idaho, Washington, Milwaukee

☆ How Trump was 'orange-pilled' by three bitcoiners in Puerto Rico and the promise of $100 million
▼ + stars: | 2024-08-26 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Earlier this year, Bailey promised to turn out $100 million and 5 million votes for Trump. Hoyos-López, Bailey's neighbor, had been recently orange-pilled, and was anxious to help out any way she could in getting Trump to Nashville. At the conference, Hoyos-López, Fabiano and Bailey worked to stage a second roundtable with Trump. To Fabiano, Bailey, and Hoyos-López, the stakes couldn't possibly be higher, as Democratic nominee Kamala Harris gains momentum in the polls. Less than a week after leaving Nashville, Fabiano, Hoyos-López and Bailey were back together closer to home to process all that had happened.

Persons: Dolly Parton, Donald Trump, Trump, conferencegoers who'd, Harris, Gary Gensler, CNBC hasn't, Keanu Reeves, Amanda Fabiano, Tracy Hoyos, David Bailey, Bailey, Fabiano, David, I've, Nashville ., Amanda, Hoyos, López, She's, Donald Trump's, Jon Cherry, He'd, Sen, Elizabeth Warren, Michael Saylor, he's, Emily, " Hoyos, Paul Grewal, Cantor Fitzgerald, Howard Lutnick, Rock, Billy Ray Cyrus, bitcoiner Tracy Hoyos, López Trump, Kamala Harris, she's, bitcoiners, Lopez Organizations: Broadway, Music City Center, Republican, Biden, SEC, CNBC, Washington Post, The Washington Post, BTC Inc, Trump, Wall Street, Miners, Lago, Music City, Getty, Riot, Marathon Digital Holdings, Scientific, Solana, Libertarian National Convention, Bitcoin, Mar, Nashville, Bitcoin Conference, Trump White Locations: NASHVILLE, Tenn, —, USA, Nashville, Puerto Rico, Nashville , TN, California, Guaynabo, San Juan, Manhattan, Trump, bitcoin, Egypt, New York, Palm Beach , Florida, Nashville , Tennessee, China, America, San Francisco, López, Japan, Hoyos, U.S, American, Puerto Rican

WASHINGTON — The Harris campaign has tapped Yohannes Abraham for a top role in the presidential transition team, according to a source familiar with the planning. Covington and Burling LLP, the law firm where former U.S. Attorney General Eric Holder works, will help the transition team get set up. Abraham's appointment comes as the General Services Administration prepares to engage the Harris and Trump campaigns in the presidential transition process. Federal law related to presidential transitions stipulates Sept. 1 as the deadline for GSA to enter into formal agreements with presidential transition teams. Several former Trump administration staffers are part of the groups behind Project 2025, but McMahon and Lutnick haven’t been connected to the effort.

Persons: WASHINGTON, Harris, Yohannes Abraham, Abraham, Kamala Harris, Donald Trump, Covington, Burling, Eric Holder, Holder, Biden, Rod Lamkey, Trump, Linda McMahon, Howard Lutnick, Cantor Fitzgerald, McMahon, Lutnick Organizations: Association of Southeast Asian Nations, ASEAN, U.S, Burling LLP, State Department, National Security Council, General Services Administration, Trump, GSA, Foreign Relations, Reuters, Washington , D.C, Small Business Administration, Trump White House, Democrats Locations: U.S, Indonesia, Jakarta, Asia, Dirksen, Washington ,, USA

☆ Inside the Worst Three Weeks of Donald Trump’s 2024 Campaign
▼ + stars: | 2024-08-10 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +1 min

The Aug. 2 dinner at the Bridgehampton, N.Y., home of Howard Lutnick, the Cantor Fitzgerald chief executive, was a high-powered affair. Among the roughly 130 people who dined under an air-conditioned tent were some of Donald Trump’s wealthiest supporters, including the billionaire hedge-fund financier Bill Ackman, who sat next to the former president, and Omeed Malik, the president of another fund, 1789 Capital. Some guests hoped Mr. Trump would signal that he was recalibrating after a series of damaging mistakes. He did not. According to two people present, Mr. Trump himself also brought up his remark, made two days earlier at a gathering of the National Association of Black Journalists, in which he had questioned Vice President Kamala Harris’s racial identity.

Persons: Howard Lutnick, Cantor Fitzgerald, Donald Trump’s, Bill Ackman, Omeed Malik, Trump, Lutnick’s, “ We’ve, Kamala Harris’s Organizations: National Association of Black Journalists

☆ Trump's bitcoin strategy was shared behind closed doors with CEOs who raised $25 million. Here's what he told them.
▼ + stars: | 2024-08-01 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +15 min

Bitcoin 2024 attendee wears "Make Bitcoin Great Again" baseball cap. Trump said on Saturday that his campaign has raised $25 million from the crypto industry since it began accepting cryptocurrency donations in May. "Make Bitcoin Great Again" hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. "The rules will be written by people who love your industry, not hate your industry," Trump declared that afternoon in the main auditorium as he warmed up the crowd. As Riot's Les put it, "I think the core message that we communicated to President Trump was, 'This is your industry leadership group.

Persons: Donald Trump, Jon Cherry, Donald Trump White, Tyler, Cameron Winklevoss, Paul Grewal —, David Sacks, Cantor Fitzgerald, Howard Lutnick, Cynthia Lummis, Bill Hagerty, Marsha Blackburn, Vivek Ramaswamy —, Kid Rock, Billy Ray Cyrus, Jason Les, Fred Thiel, Zach Bradford, Chris Cook, Amanda Fabiano, Michael Saylor wasn't, Saylor, Trump, That's, Donald Trump's, Les, he's, litigator, Tracy Hoyos, Cyrus strummed, " Hoyos, López, Hoyos, Cyrus, López Trump, Marathon's Thiel, Thiel, David Bailey, Bailey, Sen, Elizabeth Warren, Gary Gensler —, Kamala Harris, Cook, Saturday's, CleanSpark's Bradford, Riot's Les, indoctrinating, Bradford, they've, It's, we're Organizations: Republican, Getty, Music City Center, GOP, Gemini, Trump, U.S ., State Department, Marathon Digital Holdings, CNBC, Music City, Riot, Attorney, Bitcoin, BTC Inc, U.S . Securities, Exchange, US, Bloomberg, indoctrinating Trump, Industry, Mar Locations: Nashville , Tennessee, San Francisco, Nashville, Mar, Lago, U.S, San Bernardino County, López

☆ Harris VP short list stacked with contenders who can raise big money
▼ + stars: | 2024-07-29 | by ( Brian Schwartz | ) www.cnbc.com time to read: +9 min

Both of these lawmakers have two things in common: they are among those being considered to be Vice President Harris' running mate and can help raise a boatload of money for her heading into November. Trump is raising big moneyDespite Harris' momentum, Trump is still raising a lot of money. The Harris campaign figures cannot be independently verified either, until Aug. 20, when her campaign disclose its financials. "Vice President Harris has directed her team to begin the process of vetting potential running mates," the Harris campaign said in response to a request for comment. Shapiro is one of the more moderate contenders to be Harris' running mate.

Persons: Kamala Harris, Vincent Alban, Josh Shapiro, Mike Kempner, Sen, Mark Kelly, Harris, Shapiro, Kelly, Tim Walz, Pete Buttigieg, Joe Biden, Donald Trump, Trump, JD Vance, Mike Belshe, Cantor, Howard Lutnick, Kempner, Kevin Mohatt, Mike Bloomberg, Jennifer Duda, Forbes, Duda, — Harris, luncheons, Amanda Andrade, Kyrsten Sinema, Walz, Sarah Traxler, Nicole Neri, Buttigieg, he's Organizations: West Allis Central High School, Reuters Pennsylvania Gov, Hamptons, CNBC, Minnesota, NBC News, Trump, Republican National Committee, Federal, Commission, U.S, Reuters, Pennsylvania, Bloomberg, New, Republican, Associated Press, Rhoades, Technology Inc, OpenSecrets, Employees, Microsoft, Apple, Federal Communications, National Education Association, International Brotherhood of Electrical Workers and International Brotherhood of Teamsters, Wall Street Democratic, Democratic, PAC Locations: West Allis , Wisconsin, U.S, York, R, Ohio, Silicon Valley, New Jersey, United States, Water, Pennsylvania, Philadelphia , Pennsylvania, California, New York, Israel, Gaza, Arizona, Washington , U.S, Mexico, Minnesota, Minneapolis , Minnesota

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