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WASHINGTON — House lawmakers are expected to vote Thursday whether to compel the Ethics Committee to release its report on an exhaustive, yearslong investigation into former Rep. Matt Gaetz, R-Fla. Two Democrats — Rep. Sean Casten of Illinois and Steve Cohen of Tennessee — on Tuesday offered resolutions focused on the Gaetz report. But no Republicans have stated they want the report released, arguing that the Ethics Committee only has jurisdiction over sitting members of Congress — not ex-members. House Democrats tried to do the same thing in September 1996, pressing the Ethics Committee to release a report from an outside counsel about its investigation of then-Speaker Newt Gingrich, R-Ga. The Ethics Committee released an initial staff report the following December examining allegations that Boner misused campaign funds, failed to disclose gifts and accepted bribes.
Persons: Matt Gaetz, , Gaetz, Donald Trump's, Trump, Michael Guest, Sean Casten, Steve Cohen, Tennessee, , Cohen, Newt Gingrich, Bill Boner, Boner, Mark Foley, Organizations: WASHINGTON, Republicans, Justice Department, — Rep, Tennessee —, Florida, Trump White House, Senate, GOP Locations: Gaetz, Illinois, Nashville
AdvertisementCitadel CEO Ken Griffin's Stegosaurus fossil will be displayed at the American Museum of Natural History. Citadel CEO Ken Griffin's Stegosaurus fossil has found a temporary home at the American Museum of Natural History. It will arrive at the American Museum of Natural History as part of a special loan from Griffin, who purchased it during a Sotheby's auction for $44.6 million in July. AdvertisementThe fossil will go in display at the American Museum of Natural History on December 8, 2024. AdvertisementCitadel Ken Griffin purchased the fossil for $44.6 million in July 2024.
Persons: Ken, Griffin, Jason Cooper, TIMOTHY A, CLARY, Ken Griffin, Sean M Organizations: Citadel, American Museum of, Apex, Getty, Museum, Paleontology Locations: Manhattan, Morrison, Dinosaur , Colorado, AFP, Decatur, museum's
Biden’s senior aides inside the White House have been deliberating for weeks about the possibility of issuing preemptive pardons, according to the sources familiar with the discussions. One former senior White House official said aides inside the White House and across various federal agencies are intensely worried about the possibility that the incoming Trump administration will prosecute anyone deemed as having antagonized the president-elect. “Why not do it?”A White House spokesperson declined to comment. The former White House official who spoke to CNN, who is intimately familiar with the workings of the White House counsel’s office, said it would be typical for Siskel and his team to first put together a detailed memo to be presented to Biden. “It’s just such a different use of the pardon power,” said Neil Eggleston, former White House counsel to President Barack Obama.
Persons: CNN —, Donald Trump, Joe Biden, Biden’s, Trump, Liz Cheney, Jack Smith, Biden, , , Ed Siskel, Jeff Zients, Siskel, pardoning, , Smith, Emboldening Trump, Hunter, Hunter Biden, There’s, James Biden, hasn’t, Trump’s, “ It’s, Neil Eggleston, Barack Obama, Attorney Alvin Bragg, Fani Willis, Cheney, Nancy Pelosi, Adam Schiff, Kamala Harris “, Iowa pollster Ann Selzer, Harris, Hillary Clinton, James Comey, Andy McCabe, weren’t, John Kerry, Joe Scarborough, it’s, FWD.us, Kayla Tausche, Curt Devine Organizations: CNN, Biden White, Trump, Republican, Trump ., White House, Politico, White, DC, GOP, , Justice Department, federal, Department, Manhattan, Attorney, Iowa pollster, Truth, Democratic, FBI Locations: Washington ,, Washington, , Fulton County, Russia, Ukraine, Iowa, Iran, DC, Zoë
CNBC's Jim Cramer told investors not to get greedy and instead take profits in stocks that have run up substantially — especially recent IPOs like Reddit whose valuation is starting to feel "a little excessive." It's currently difficult for companies to go public, because they can raise as much capital as they need privately without having to endure mass scrutiny from Wall Street, Cramer continued. According to Cramer, people will start to sell top IPOs when more begin to debut on the market, with investors trying to raise money for the next big deal. However, he continued, it seems a new IPO cycle is not going to hit Wall Street anytime soon. "Yes, there's a good chance that you won't make as much money because of what I'm saying," Cramer said.
Persons: CNBC's Jim Cramer, Cramer, he's, it's, It's, there's, Reddit Organizations: Wall, Astera Labs, Healthcare
For everyday consumers, the simplest way to send encrypted messages or make encrypted calls is to use communications apps like Signal or WhatsApp that have implemented end-to-end encryption between other Signal and WhatsApp users. Both apps also allow users to make encrypted phone calls with other users through the internet. If iMessage users text other iMessage users or Google Messages users text other Google Messages users, those chats are automatically encrypted with the Signal protocol. For phone calls, Google and Apple offer encryption if the calls are made through their internet-connected calling apps — Google Fi and FaceTime. In some circumstances, affecting members of both the Trump and Harris campaigns, as well as the office of Senate Majority Leader Chuck Schumer D-N.Y., they were able to listen to phone calls.
Persons: FBI — it’s, Harris, Chuck Schumer D Organizations: FBI, Telecommunications, Microsoft, Google, Rich Communications Services, Apple, Salt Typhoon, Verizon, Lumen Technologies, D.C, Trump, China Locations: U.S, Washington, Western, China
Since Donald Trump announced Kash Patel as his pick for FBI director, a 2023 podcast interview he did with fellow Trump loyalist Steve Bannon has circulated far and wide. I don’t know what that looks like." He said some of Patel’s remarks shouldn’t be taken too literally, comparing them to his own. “I don’t know how you can roll back those kinds of vile, vicious comments. “I don’t know how someone can be a credible director of the FBI having made those comments.”
Persons: Donald Trump, Kash Patel, Steve Bannon, Patel, “ We’re, Joe Biden, ” Patel, Trump, Bannon, , , “ I’ve, Trump’s, MAGA, Christopher Wray, Shawn Ryan, ’ ” Angelo Carusone, “ He’s, ” Carusone, “ Kash Patel, ” Alex Pfeiffer, “ Kash, Biden, provocateur James O'Keefe, O'Keefe, Barack Obama, Mike Davis, he’s, Patel’s, shouldn’t, Davis, ” Patel’s, Sen, John Cornyn, Cornyn, “ That’s, ” Sen, Peter Welch, Mazie Hirono, hasn’t, Hirono, Richard Blumenthal, Conn, Department of Justice — it’s, Blumenthal Organizations: Trump, U.S ., NBC News, FBI, Republicans, Washington , D.C, Media, America, DOJ, , Veritas, GOP, intel, Committee, NBC, Department of Justice Locations: U.S, Washington, Washington ,, America, Texas, Hawaii
AdvertisementHoward Lutnick opened his wallet and Rolodex to turn Newmark into a commercial real estate success. In 2011, the billionaire arranged for his affiliate financial company, BGC Group, to purchase the New York-based commercial real estate services firm Newmark for an undisclosed sum. The results have turned heads in the ultra-competitive real estate business. "It's one of the best positioned real estate players today," Goldfarb added, noting that he has an "overweight" – or buy – rating on Newmark stock. In 2014, Newmark purchased Grubb & Ellis, a commercial real estate services firm, out of bankruptcy.
Persons: Howard Lutnick, Newmark, Lutnick, Trump's, Howard, Barry Gosin, Donald Trump, Cantor Fitzgerald, Elon Musk, Barry, Alexander Goldfarb, Piper Sandler, Goldfarb, Cantor, Gosin, Mark Weiss, Scott Panzer, JLL, Panzer, Grubb, Ellis, Piper, David Falk, Falk –, Falk Organizations: Business, New, Cushman & Wakefield, Newmark, Cushman &, Economic, Newmark's Locations: Washington, Wall, New York, America, Cushman & Wakefield, Davos, Switzerland, Newmark's New York
New “eco-district” Mareterra, which has been built into the Mediterranean Sea, expands the microstate’s land mass by almost 15 acres. Inaugurated by Monaco’s Prince Albert II on Wednesday, the €2 billion ($2.1 billion) luxury development features a marina, seaside promenade and swathes of new high-end housing. The new development features more than 100 new luxury apartments in one of the world's most densely populated places. Land is notoriously scarce in Monaco, which has a long history of building into the sea. MareterraEarlier land reclamation efforts attracted the ire of environmentalists worried about the impact on Monaco’s marine life, which today includes 60 species of coral.
Persons: Knight Frank —, Monaco’s Prince Albert II, Le Renzo, Renzo Piano, Mareterra, Norman Foster, Tadao Ando, Knight Frank, Grimaldi, Prince Albert II Organizations: CNN, Pompidou Locations: Monaco, Tuscany, Italy, Mareterra .
But that was a long time ago — all the way back in September — and a quite a lot has changed. What happened in the two-ish months between the Times’ story and today is pretty simple: Trump won reelection, obviously. Trump also welcomed his faithful “first buddy” Elon Musk into his inner circle, where Musk appears to be relishing his role as a kind of gatekeeper for executives hoping to snag an audience with the president-elect, per the Wall Street Journal. To be sure, plenty of companies are still committed to DEI programs, and not all executives are morphing into insufferable suck-ups. That could be the key to Meta’s future growth as it contends with TikTok and YouTube’s stranglehold on Gen Z.
Persons: Mark Zuckerberg, he’d, Zuck, ” “, , Donald Trump, Clare Duffy, Trump, Zuckerberg, ” Elon Musk, Sam Altman, , Joe Biden’s, tweeting, ” Shaun Harper, Nathaniel Meyersohn, ” Zuckerberg, TikTok Organizations: New, New York CNN, The New York Times, Meta, Times, Street Journal, Walmart, Pride, University of Southern, Trump, CNBC, Facebook Locations: New York, Washington, , University of Southern California
For roughly a decade after that first auction, he continued to broker deals the conventional way — for American sellers, Aussie-style auctions were a tough sell. Real-estate auctions are a time-honored tradition in Australia, dating back more than 200 years to its days as a British colony. But in times of healthy demand for homes, auctions can deliver benefits for sellers looking to ride out the frenzy. "I don't think the American consumer is ready for auctions yet," says Rob Hahn, the CEO of Decentre Labs, a company he started in 2022 to bring online real-estate auctions to the masses. The biggest beneficiaries, Duby tells me, may just be real-estate agents: When buyers and sellers are shuffled through this murky process, they'll look for a professional guide.
Persons: Evan Duby, Duby, Sellers, haven't, Kenneth Lusht, they've, Tim Quirk, Quirk, — Quirk, Mike Russo, , Rob Hahn, Hahn Organizations: nab, eBay, Pennsylvania State University, Auction.com, Decentre Labs Locations: Brooklyn, Australia, Melbourne, British, New South Wales, Victoria, Massachusetts, Bethesda , Maryland, American, States
Constellation Brands announced Tuesday it will sell its Svedka vodka brand to New Orleans-based spirits company Sazerac. Constellation's wine and spirits business has been dragging on the company's strong beer portfolio, which includes Modelo and Corona. In the second quarter, the company's wine and spirits shipments dropped 9.8% year over year, the company reported. Constellation's spirits portfolio will continue to own including High West Whiskey, Mi Campo Tequila and Casa Noble Tequila. Bernstein called the news "a clear positive for Constellation," saying the company's wine and spirits weakness has dragged on the beer business.
Persons: Bill Newlands, Newlands, Campo, Casa Noble, Bernstein, Nadine Sarwat, Morgan Stanley Organizations: Constellation Brands Inc, Constellation Brands, Constellation, Modelo, Marque, Comfort, Morgan, Morgan Stanley Global Consumer, Retail Conference Locations: New York, New Orleans, Corona, Buffalo
He remains one of the richest people on the planet, if not the richest, even with the loss of a 12-figure pay package. With the package thrown out, Musk has essentially not been paid since the last of the stock options awarded to him in a 2012 pay package vested in 2018. There were undoubtedly a range of healthy amounts that the board could have decided to pay Musk,” she wrote. Get a new pay packageRather than settle for slightly less, Musk could negotiate an entirely new pay package starting this year. Even before the decisions against his 2018 pay package, Musk had been talking about his desire for a new pay package that would give him even more control over Tesla.
Persons: New York CNN — Elon, isn’t, he’s, Chancellor Kathaleen McCormick, Kimbal, McCormick, cosplaying, Musk, shouldn’t, — he’s, Donald Trump, Elon Musk, Brandon Bell, she’s, , Tesla, ” Musk, Julia Demaree Nikhinson, Forbes, Jeff Bezos, Mark Zuckerberg, Trump, Carlos Barria Organizations: New, New York CNN, SpaceX, Boring, Tesla, , of, Bloomberg, Forbes, Facebook, Elon, America, Reuters, Invest, Microsoft, Apple Locations: New York, Delaware, Tesla, Meatpacking, of Manhattan, Texas, Bezos, Palm Beach , Florida
Were the ceasefire to collapse, he said, “there will no longer be any exemptions for the State of Lebanon. The United Nations peacekeeping force in Lebanon, UNIFIL, said Israel had breached the ceasefire agreement “approximately 100” times since the truce went into effect. “Both the French and the Americans didn’t really like it,” Smotrich said, referring to Israeli strikes on Lebanon since the truce. Under the agreement, Lebanon would implement a more rigorous supervision of Hezbollah’s movements south of the country’s Litani River, to prevent militants from regrouping there. “We will act with full force to enforce all the understandings of the ceasefire agreement, and we will respond with maximum response and zero tolerance,” Katz said.
Persons: ” Israel Katz, Israel Katz, Elad Malka, Matthew Miller, Bezalel Smotrich, Israel’s Kan, Israel, didn’t, ” Smotrich, Benjamin Netanyahu, Smotrich, Mount Dov, ” Katz Organizations: CNN, 146th Division, Israel Defense Forces, State, , Israeli Defense, Division, Ministry of Defense, United, Israeli, United Nations, Lebanese Health Ministry, IDF Locations: Israel, Lebanese, Lebanon, , State, Beirut, Dahiyeh, retaliating, United States, UNIFIL, , Israeli, Syria
New York CNN —Cargill, the megasized Minnesota-based food production giant, is laying off about 5% of its global workforce as food commodity prices drop. Cargill is America’s largest privately held company, according to Forbes, and is also the world’s largest agricultural commodities trader. In a statement to CNN on Monday, the company said the changes are part of “a long-term strategy” set earlier this year. In simpler terms, the company is the middleman distributing grains, meat and other farm products around the world. It had profited heavily during the pandemic and its aftermath, thanks to inflation and geopolitical turmoil throwing food prices into disarray.
Persons: New York CNN — Cargill, Cargill, Forbes, Brian Sikes Organizations: New, New York CNN, CNN, US Department of Agriculture, Bloomberg Locations: New York, Minnesota, , North America, Atlanta
AdvertisementBrian Chesky and Nvidia's Jensen Huang avoid one-on-one meetings with subordinates. "You become like their therapist," Chesky told Fortune. Yet one person who studies meetings said making an employee feel heard can have "amazing" outcomes. Meetings are the main way Airbnb's Brian Chesky gets work done. Although he has many direct reports, Nvidia CEO Jensen Huang also prefers to skip one-on-one meetings.
Persons: Brian Chesky, Nvidia's Jensen Huang, Chesky, they're, Fortune, Jensen Huang, Huang, Steven G, who's, Rogelberg, Aditya Agarwal, Agarwal Organizations: Nvidia, Stripe, University of North Locations: University of North Carolina, Charlotte
CNN —House Minority Leader Hakeem Jeffries is facing his first big leadership test in the new Trump era as congressional Democrats push for a shakeup in their party’s approach to countering the incoming president. A number of Democrats who were once willing to wait their turn on the leadership ladder have suddenly lost their patience. Two other Democrats are vying to replace Rep. David Scott, who is 79, at the House Agriculture Committee. Democratic Rep. Dean Phillips, whose longshot primary challenge to Biden quickly failed, praised his colleagues for taking on committee leadership. Throughout the impeachment investigation, Jeffries appeared to defer to committee Democrats at every turn and only got involved when needed.
Persons: Hakeem Jeffries, Trump, Donald Trump, Joe Biden, Jeffries, Jamie Raskin’s, Jerry Nadler, Raskin, ’ Nadler’s, , ” Raskin, Jared Huffman, Jamie Raskin, Tom Williams, Nadler, It’s, Raul Grijalva, who’s, Grijalva, David Scott, Dean Phillips, Biden, I’m, ” Phillips, Jim Jordan, James Comer, Tasos Katopodis, Comer, “ Jamie Raskin, ” Huffman, Nadler —, He’s, Stephen Lynch, Gerry Connolly, Alexandria Ocasio, Cortez Organizations: CNN —, Democrats, Democrat, White, Trump, Jeffries, Democratic, Judiciary, CNN, Natural Resources, Agriculture, Biden White House, Rep, Capitol, Republican, Republicans Locations: Trump’s Washington, Washington ,, Alexandria
An ex-Meta exec in charge of the company's crypto Libra, later renamed Diem, says its shutdown was political. Meta's former head of its Libra project says roadblocks from regulators effectively shut down the company's cryptocurrency effort — and the way he sees it, it was "100% a political kill." AdvertisementLibra was a stablecoin digital currency project announced by Facebook in 2019 to provide financial services to billions of "unbanked" people around the world. AdvertisementMeta CEO Mark Zuckerberg testified before Congress about the company's financial services plans a few months after Marcus. Zuckerberg said during his appearance before lawmakers that Facebook would drop out of the Libra project if it didn't gain the approval of US regulators.
Persons: Diem, David Marcus, , Libra, Marcus, Jerome Powell, Jay Powell, Janet Yellen, wasn't, Sen, Sherrod Brown, Brian Schatz, Mark Zuckerberg, Zuckerberg, Donald Trump, Benoit Coeure, I'm, Meta's, that's, Lightspark Organizations: Meta, Diem Association, Facebook, Libra Foundation, Mastercard, PayPal, Uber, Spotify, Bank, Banking Committee, Financial, Diem, US Treasury, Business, Fed, Libra Association, Visa, European Central, U.S ., Cambridge
CNN —Actor James Van Der Beek said he is selling signed “Varsity Blues” merchandise to help families struggling with the cost of cancer treatments, following his revelation last month of his own cancer diagnosis. Van Der Beek announced last month that he’s been getting treatment for colorectal cancer. “There’s reason for optimism, and I’m feeling good.”Van Der Beek has six children with his wife Kimberly. In “Varsity Blues,” Van Der Beek plays an academically minded backup quarterback for his small-town high school football team during a difficult season. Costs for cancer treatment in the US can take a huge financial toll on patients and their families.
Persons: James Van Der Beek, Van Der Beek, Dawson, , “ Moxon ”, Jonathan “ Mox ” Moxon, , Van Der, he’s, “ I’ve, ” Van Der Beek, Kimberly, Paul Walker, Jon Voight, Ali Larter, Amy Smart Organizations: CNN, American Cancer Society, American Cancer Society Cancer Action Network Locations: , United States
CNN —Donald Trump has selected his son-in-law Jared Kushner’s father, Charles Kushner, to serve as the next US ambassador to France, the president-elect announced Saturday. Trump described Charles Kushner as a highly successful business leader, philanthropist and dealmaker, with deep experience in the real estate industry. Kushner was pardoned by Trump in 2020 after serving a prison sentence following a conviction on federal charges. Kushner hatched an elaborate revenge plot to target his brother-in-law, William Schulder, a former employee turned witness for federal prosecutors in their case against Kushner. Since Trump left office in 2021, Kushner and his wife, Ivanka Trump, have moved to Miami and largely exited politics.
Persons: Donald Trump, Jared Kushner’s, Charles Kushner, Trump, Charlie, Ernst & Young, ” Trump, Kushner, Chris Christie, , William Schulder, Schulder, Jared Kushner, he’s, Ivanka Trump, Trump’s, CNN’s Pamela Brown, Katelyn Polantz, Kevin Liptak, Kylie Atwood, Ali Main Organizations: CNN, Kushner Companies, Real, New, New Jersey Entrepreneur, Ernst, . Holocaust Memorial Council, Port Authority of New, Port Authority of New York &, NYU, Federal, Trump, Affinity Partners, Washington Locations: France, New Jersey, Port Authority of New York, Port Authority of New York & New Jersey, Miami, China
The debate has grown most intense in recent days as dozens of Democrats have been privately pressing Representative Jamie Raskin of Maryland to challenge Representative Jerrold Nadler of New York for his position as the top Democrat on the Judiciary Committee. They are doing so out of concern that Mr. Nadler will be ineffective in pushing back against any efforts by Mr. Trump to abuse his power. Mr. Nadler, 77, the dean of New York’s congressional delegation, has made it clear he has no plans to step aside. And while Mr. Raskin, 61, is mulling a challenge, he has not yet decided whether to pursue one, according to colleagues familiar with his thinking who spoke on condition of anonymity to discuss the matter. “As a New Yorker, I have stood up to Donald Trump my entire career,” Mr. Nadler wrote in a letter to colleagues announcing his run for re-election to the post, in which he emphasized his history of going after Mr. Trump.
Persons: Donald J, Trump, Jamie Raskin, Jerrold Nadler, Nadler, Raskin, Donald Trump, ” Mr, Organizations: Republican, Committee, Yorker Locations: Maryland, York
Many parents struggle with putting their smartphones down and paying full attention to their kids. He only works in his home office, going in there for emergency calls or after his kids go to bed. AdvertisementTeens aren't the only ones who are heavily enticed by smartphones; plenty of parents struggle to put their devices down, too. AdvertisementThat's why Glassdoor CEO Christian Sutherland-Wong has a simple rule at home: he doesn't answer texts or emails in front of his kids. He works remotely from his home office, which makes it easier to pick up on work once the kids are asleep.
Persons: Christian Sutherland, Wong, " Sutherland, Sutherland Organizations: CNBC, Pew Research Center
Here are nine key senators to watch in the nomination battles. The incoming majority leader is nobody’s idea of an ultra-MAGA Republican, but he understands his assignment: advance the Trump agenda. Does he choose to be a heat shield for members who quietly want to buck Trump without doing so publicly? The answers will set the tone for a long-awaited new era facing the Senate GOP. Sen. Mitch McConnell, R-Ky.McConnell is the ultimate free agent as he relinquishes the job of Senate Republican leader after a record 18 years.
Persons: Donald Trump, Matt Gaetz, JD Vance, Sen, Susan Collins, Trump, Collins, Lisa Murkowski, Murkowski, Trump’s, That’s Lisa Murkowski’s, Wade, John Thune, Mitch McConnell, Ky, McConnell, Will McConnell, MAGA, He's, Gaetz, Tulsi Gabbard, Thom Tillis, Tillis, won’t, Bill Cassidy, Cassidy, Robert F, Kennedy Jr, , John Curtis, Mitt Romney, Curtis, Utah GOP Sen, Mike Lee, He’s, , Carlos Curbelo, “ I’m, ” Curtis, Will Curtis, Romney, John Fetterman, Fetterman, , that’s, Mehmet Oz, “ He’s, they’re, I’m, ” Sen, Jon Ossoff, He’ll Organizations: WASHINGTON, Republican, Republicans, Trump, Democratic, Collins, MAGA Republican, GOP, AG, NATO, Health, Education, Labor, Pensions, Human Services, Utah GOP, NBC News, Capitol, NBC Locations: Maine, Alaska, Roe, Russia, Trump's, North Carolina, Utah, R, Florida, Trump, Israel, Gaza, Georgia
CNN —The morning after Donald Trump was reelected president, Justices Samuel Alito and Elena Kagan began jousting more than usual. More than other justices on their respective sides, conservative Alito and liberal Kagan are sharp-tongued strategic questioners. As usual, Alito and Kagan began referring to each other’s questions but with barely a glance toward the other at their elbow. Skeptical of the litigants’ case, Alito asked their lawyer Deepak Gupta why Huang would have put out financial information that could be quickly exposed as wrong. Then Alito said, “Well, I don’t want to derail … Justice Kagan had a number of hypotheticals, but I don’t want to interrupt that.”Kagan seemed miffed, but only slightly.
Persons: Donald Trump, Samuel Alito, Elena Kagan, Alito, Kagan, Trump, Anthony Kennedy, , ” Alito, you’ve, ” Kagan, it’s, gesturing, John Roberts, improvidently, Jensen Huang, Deepak Gupta, Huang, Gupta, “ Huang, , “ You’re, ” Gupta, Biden, Elizabeth Prelogar, Bostock, Biden’s, John Sauer, Sauer, Noel Francisco, Francisco, Amy Coney Barrett, Dobbs, George W, Bush, Alito’s, “ Sam, ” Bush, Barack Obama, Adam Unikowsky, Edmund LaCour, LaCour, “ Let’s, , general’s Organizations: CNN, Kagan, Trump, Meta, Investors, Facebook, Cambridge Analytica, Amalgamated Bank, Department, Nvidia, Texas Rangers, Philadelphia Phillies, Alabama, Alabama Supreme Locations: America’s, Trenton , New Jersey, Swedish, Clayton County, Bush, Alabama
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 Goldman Sachs analysis also described Trump’s tariff announcement as “more reminiscent of the first Trump administration, when such tariffs were announced as a negotiating tactic.” Trump ultimately declined to impose some of his proposed tariffs. The unprecedented policy required migrants to stay in Mexico for the duration of their immigration proceedings in the United States. On the campaign trail, he frequently pledged to use tariffs as a negotiating tool to bend China and North American countries’ policies to his will. His advisers have acknowledged privately that tariffs could be more urgently slapped on Canada and Mexico, as Trump seeks to fulfill his campaign pledge to renegotiate his own free trade agreement. But Lutnick added that Trump wouldn’t seek to slap price-raising tariffs on goods that aren’t made in the United States.
Persons: Donald Trump’s, , , Goldman Sachs, Matt Priest, Trump’s, Trump, ” Trump, Stephen Miller, Mike Pence, Claudia Sheinbaum, ” Sheinbaum, Joe Biden’s, , Howard Lutnick, Lutnick, aren’t, ” Lutnick, it’s, CNN’s Matt Egan, David Goldman Organizations: CNN, Trump, Footwear Distributors, Retailers of America, General Motors, Stellantis, Ford Motor Company, North American Free Trade, Detroit Economic, CNBC Locations: Mexico, Canada, China, United States, North, America, , Washington, Mexican
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