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WASHINGTON — An ex-Army soldier who was previously court-martialed for shooting a handcuffed Iraqi civilian was sentenced to over four years in federal prison on Monday for assaulting officers during the Jan. 6 attack on the U.S. Capitol. Richmond was sentenced to 51 months in federal prison after he pleaded guilty earlier this year to a felony count of assaulting, resisting or impeding an officer with a deadly weapon. Both the prosecution and defense agreed that Richmond's sentencing guidelines were between 51 and 63 months in federal prison. Another Jan. 6 rioter, Christopher Maurer, was sentenced to 50 months in prison on Monday after pleading guilty earlier this year to assaulting, resisting, or impeding officers with a deadly or dangerous weapon. President-elect Donald Trump has described Jan. 6 defendants as "warriors," "unbelievable patriots," political prisoners and “hostages," and said he would "absolutely" pardon some, if not all, of the Jan. 6 defendants.

Persons: WASHINGTON —, Edward Richmond , Jr, Richmond, sleuths, “ Buff, herder, Zade, Prosecutors, John D, Bates, Christopher Maurer, Mauer, “, Enrique Tarrio, Donald Trump, Vance Organizations: WASHINGTON — An ex, Army, U.S . Capitol, Capitol, FBI, Prosecutors, District, Boys, Trump, NBC, White Locations: WASHINGTON, WASHINGTON — An, Washington

☆ There's a gender gap among news influencers on social media, new Pew data shows
▼ + stars: | 2024-11-18 | by ( Dan Whateley | ) www.businessinsider.com time to read: +5 min

AdvertisementMen far outnumber women as news influencers on social media, per a new Pew Research Center study. That gender skew is showing up again in the latest platform for news: social media. That gender gap stands out for a few reasons:First, there's a much narrower gender divide (51% male and 46% female) among working US journalists, per a 2022 Pew survey. In Pew's analysis, there was a much smaller (and flipped) gender gap in the overall audience for news content on social media among young people. YouTube had the biggest gender gap, while TikTok's was minimalThe gender divide among news influencers was fairly consistent across all platforms in Pew's study.

Persons: Walter Cronkite, Edward R, Murrow, Mark Penn Pew, Izea, influencers, Donald Trump, JD Vance, Joe Rogan, Adin Ross, John Della Volpe, bro, Trump, Kamala Harris, Alex Cooper, Influencers, Nabela Noor, Chip Somodevilla, Harris, Howard Stern, Galen Stocking, TikTok's Organizations: Pew Research Center, Pew Research, Journalism, Pew, Harvard Kennedy School Institute of Politics, Democratic National Convention, Spotify, Apple, YouTube

☆ Meet the top 4 candidates Trump is considering for Secretary of the Treasury
▼ + stars: | 2024-11-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +8 min

AdvertisementLast week, Trump was said to be deciding between two leading candidates for Treasury Secretary. Here are the top picks Trump is reportedly now considering for Secretary of the Treasury. Kevin WarshKevin Warsh, center, is rising as one of the candidates for Trump's Treasury Secretary. AdvertisementMarc RowanMarc Rowan isn't said to be actively lobbying for Treasury Secretary, but his aides have reportedly been in touch with the Trump administration. Drew Angerer/Getty ImagesBessent, 62, was one of the original frontrunners for Trump's Treasury Secretary.

Persons: Trump, Kevin Warsh, Marc Rowan, Donald Trump, Robert F, Kennedy Jr, Florida Sen, Marco Rubio, Janet Yellen, he's, it's, Kevin Warsh Kevin Warsh, Tasos Katopodis, Warsh, Morgan Stanley, George W . Bush, Axios, Jerome Powell, Marc Rowan Marc Rowan isn't, PETER, Getty Images Rowan, Rowan, Rowan isn't, Howard Lutnick Howard Lutnick, ANGELA WEISS, Cantor Fitzgerald, Lutnick, Linda McMahon, He's, Vance, Elon Musk, Musk, Scott Bessent Scott Bessent, Drew Angerer, Bessent, George Soros, Soros, Breitbart, Kamala Harris, Joe Biden's, MAGA Organizations: Treasury, White, Department of Health, Human Services, State Department, Trump, Street, New York Times, Trump's, Federal Reserve Board, Getty Images, Apollo Global Management, Apollo, Times, Bloomberg, Madison, Garden, AFP Lutnick, WWE, Hamptons, Apple, World Trade, Key, Capital Management, Reuters Locations: Florida, America, Lago

☆ Musk's DOGE wants to 'delete' entire government agencies. Here's where the most people are employed and what they make.
▼ + stars: | 2024-11-18 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

AdvertisementTrump picked Elon Musk and Vivek Ramaswamy to co-lead DOGE, a new government efficiency commission. Their aim is to cut government spending, and one idea they've floated is to ax federal agencies. Almost half a million people were employed in the Department of Veterans Affairs, while the Department of Education had just over 4,000. Most departments had six-figure average salaries, with the Department of Education and the Department of Energy having the highest averages. AdvertisementWhile DOGE can advise Trump on agencies to cut, the president-elect cannot act on it alone — making major changes to federal agencies would require congressional approval.

Persons: Elon Musk, Vivek Ramaswamy, they've, Elon, Ramaswamy, Karoline Leavitt, Vance, Trump, Musk, Ronald Reagan Organizations: Trump, GOP, Government, Fox News, Management, Department of Veterans Affairs, of Education, Treasury Department, Internal Revenue Service, Department of Education, Department of Energy, Washington DC, Grace Commission, Social Security, Medicare, Social, asheffey Locations: Elon Musk's, Washington, Grace

☆ What the next Trump presidency could mean for US education
▼ + stars: | 2024-11-17 | by ( Katie Lobosco | Devan Cole | ) edition.cnn.com time to read: +12 min

Here are some of the things Trump has pledged and how or whether they could become reality:Abolishing the Department of EducationPledge: Trump has repeatedly said he will close the federal Department of Education, sending authority over education back to the states and saving taxpayer dollars. Trump has distanced himself from the policy paper, but a CNN review found that at least 140 people who worked in the first Trump administration were involved. How it could be done: It’s not clear how the Trump administration could achieve these goals. But the new Trump administration could set certain requirements that schools must meet to receive federal funding. The Trump administration could decide to rescind the repayment plan, which was created by a regulatory process.

Persons: Donald Trump, ”, “, Trump, Joe Biden, Betsy DeVos, Robert Enlow, Brian Snyder, ” Trump, Derrell Bradford, Biden, it’s, It’s, Vanessa Kelly, Thomas Toch, Georgetown University’s, ” Toch, Gene J, –, doesn’t, Congress –, Trump’s, Obama Organizations: Washington CNN —, ”, Department of Education, of Education, Education, Labor, Department of Health, Human Services, Heritage Foundation, CNN, of Education’s, Civil Rights, Department of Justice, Department of Treasury, Base Andrews, Reuters Universal, Trump, Vance, “, Fox Business, Republican, Children, IX, GOP, Biden, Department, Justice, Georgetown, Georgetown University’s McCourt School of Public, Penn State University, 8th, Public, Congress Locations: Maryland, Washington

☆ How different a commander in chief will Trump be?
▼ + stars: | 2024-11-17 | by ( Peter Bergen | ) edition.cnn.com time to read: +27 min

On the face of it, there are sizable differences in foreign policy between Trump and President Joe Biden. In October, the Biden administration again helped to intercept a barrage of around 200 Iranian ballistic missiles, which also caused minimal damage to targets in Israel. Bringing US troops homeIn 2020, the Trump administration signed a US withdrawal agreement from Afghanistan with the Taliban. But after McMaster was pushed out of office in 2018, the Trump administration negotiated with the Taliban the withdrawal agreement of all US forces from Afghanistan. Nonetheless, the incoming Trump administration seems intent on resurrecting Schedule F, an executive order issued in the last months of the first Trump term.

Persons: sneezes, Trump, Donald Trump’s, Joe Biden, —, Biden, Trump’s, shored, Donald Trump, Xi Jinping, Andrew Harnik, ”, Benjamin Netanyahu, Netanyahu, Ahmad Gharabli, Israel, Jared Kushner, Qasem Soleimani, Mike Huckabee, Israel — Huckabee, David Friedman, Reagan, JD Vance —, H.R, McMaster, Nikki Haley, Mike Pompeo, Haley, Pompeo, Elise Stefanik, Mike Waltz, Florida, George W, Bush, Pete Hegseth —, Lloyd Austin, Jim Mattis, Robert Gates, John Ratcliffe of, Tulsi Gabbard, Vladimir Putin, Basher al, Assad, Putin, Diego Fedele, Ukraine doesn’t, John Bolton, Mark Rutte, Tom Homan, Homan, ” Trump, CNN’s Priscilla Alvarez, “ It’s, Maura Healey, Stephen Miller, CBS’s, Camp David, It’s, Kim Jong Un Organizations: CNN, Trump, NATO, Ukraine, White, of, Biden, CIA, Liberation Army, Center for Strategic, International Studies, Obama, Getty, West Bank, Abraham Accords, Arkansas Gov, US Defense Intelligence Agency, ISIS, McMaster, UN, GOP, Republican, Special, House Armed Services Committee, Pentagon, Fox News, Senate, Republicans, US Civil, Policy, State Department, Department of Homeland Security, Policy Institute, Rep, House Intelligence, NATO Trump, US Congressional Research Service, Joint Assault Brigade, National Police, of Homeland, American Immigration Council, NBC News, US Bureau of Prisons, Massachusetts Gov, National Guard, Congress, Washington Post, H.R, North, America Locations: Paris, Russia, China, Beijing, South China, United Kingdom, Australia, Taiwan, Washington, United States, Gaza, Lebanon, Iran, Iranian, Syria, Israel, Yemen, Jerusalem, AFP, Iraq, Saudi Arabia, Afghanistan, Pakistan, John Ratcliffe of Texas, Hawaii, Ukraine, Dnipro, Soviet, Toretsk, Crimea, Japan, NATO, “ Russia, Baltic, Western Europe, ”, Korean, North Korean

☆ 4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help
▼ + stars: | 2024-11-17 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AdvertisementHigh housing costs, driven in large part by a shortage of homes, are keeping inflation sticky. Economists say Trump's proposals are a mixed bag; some could help housing costs and some could hurt. Ultimately, housing policy experts and industry leaders say housing costs will largely depend on how much new supply can be delivered to the market, which is suffering from a severe shortage of homes. Federal housing assistanceDuring his first term, Trump repeatedly proposed major cuts to housing assistance for households with low incomes or members with disabilities. This would make it harder for lower-income Americans to afford homes and slow down affordable housing construction.

Persons: Trump, Donald Trump, Karoline Leavitt, Vance, Jim Tobin, Tobin, Maurice Page, JD Vance, they're, Anirban Basu, Biden, Ben Metcalf, Metcalf Organizations: Federal Reserve, Trump, National Association of Home Builders, Biden, Administration, Nevada Housing Coalition, Business, Energy, Associated Builders and Contractors, Economic, of New, Reserve, UC Berkeley, Immigrants, Republican Locations: Nevada , Arizona, Utah, of New York, China

While Gaetz’s ability to be confirmed appears on the rocks among Senate Republicans, President-elect Donald Trump’s team remains confident he will eventually be confirmed, even if it’s after an ugly battle. Gaetz and Trump attorney Todd Blanche are moving full speed ahead on trying to fill out the Justice Department, according to sources familiar with the planning. In his few terms in the House, Gaetz has often been embroiled in controversy. The attorney, John Clune, also called for the release of a House Ethics Committee report detailing the committee’s investigation into Gaetz, which has been ongoing for several years. Since the Truth Social post, Trump has not asked for any specific Cabinet pick, including Gaetz, to be confirmed via recess appointment.

Persons: Matt Gaetz, Donald Trump’s, Todd Blanche, Blanche, Trump, ”, JD Vance, Gaetz, Matt, ’, Mike Johnson, John Clune, ” Sen, Lindsey Graham, Johnson, “, John Cornyn, Sen, Kevin Cramer, Michael Guest, ” Cramer, Gaetz —, Democratic Sen, Richard Blumenthal, we’re, Tom Williams, Vance, Cramer Organizations: Republicans, Department of Justice, NBC, Trump, Justice Department, NBC News, Trump —, Capitol, House, ”, Democratic, …, Washington , D.C, Inc, Getty, Pennsylvania’s Senate, GOP, Truth Social Locations: America, Texas, Orlando, Washington ,, Pennsylvania’s

SPRINGFIELD, Ohio — In the months leading up to Election Day, political signs and billboards dotted much of the landscape surrounding this town in southwestern Ohio. Residents, tired and frustrated after their hometown became a national flashpoint in the election over immigration, were trying to move past the intense scrutiny and refocus on the future. We have to live with it,” Jean Philistin, a Haitian resident of Springfield, said of Donald Trump’s victory. After the election, NBC News returned to the town and spoke with more than a dozen residents who offered a mix of hope and fear about the weeks, months and years to come. Mostly, they were hesitant to talk about the election even after its decisive conclusion.

Persons: ” Jean Philistin, Donald Trump’s, “, Trump, Sen, JD Vance Organizations: Trump, NBC News Locations: SPRINGFIELD , Ohio, Ohio, Haitian, Springfield

☆ Donald Trump’s plans on immigration are coming into focus
▼ + stars: | 2024-11-16 | by ( Priscilla Alvarez | Phil Mattingly | ) edition.cnn.com time to read: +6 min

Plans also include bringing back family detention, which has been widely criticized by immigrant advocates and a practice that President Joe Biden ended. Greg Abbott on the border, according to two of the sources. The people shaping operational plans are well versed on the immigration system, particularly Homan, who was also the architect of family separation. He also held a senior role at Immigration and Customs Enforcement during the record level of deportations under the Obama administration. The immediate focus is about who’s already here,” according to a source familiar with the plans.

Persons: Biden, Donald Trump, he’s, Trump, Trump’s, Joe Biden, “, ” Trump, Vance, Karoline Leavitt, Damon Hininger, ” Hininger, Tom Homan, Stephen Miller, Kristi Noem, Miller, Rodney Scott, Michael Banks, Greg Abbott, Homan, He’s, Obama, ”, Kathleen Bush, Joseph, Barack Obama’s Organizations: Washington CNN, Trump, Homeland Security, CNN, ICE, South Dakota Gov, Department of Homeland Security, Biden, US Border Patrol, Texas Gov, Immigration, Migration Policy Locations: United States, Mexico, –, “

☆ Elon Musk endorses Trump's transition co-chair Howard Lutnick for Treasury secretary
▼ + stars: | 2024-11-16 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Elon Musk at the tenth Breakthrough Prize ceremony held at the Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California. On Saturday, Elon Musk shared who he is endorsing for Treasury secretary on X, a cabinet position President-elect Donald Trump has yet to announce his preference to fill. Musk wrote that Howard Lutnick, Trump-Vance transition co-chair and CEO and chairman of Cantor Fitzgerald, BGC Group and Newmark Group chairman, will "actually enact change." Lutnick and Key Square Group founder and CEO Scott Bessent are reportedly top picks to run the Treasury Department. Musk, CEO of Tesla and SpaceX, also included his thoughts on Bessent in his post on X.

Persons: Elon Musk, Donald Trump, Musk, Howard Lutnick, Vance, Cantor Fitzgerald, Scott Bessent Organizations: Academy Museum of Motion Pictures, Trump, Newmark Group, Key Square Group, Treasury Department . Musk, SpaceX Locations: Los Angeles , California

☆ The election is over, but bettors are still wagering on these 8 political predictions
▼ + stars: | 2024-11-16 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

AdvertisementPrediction markets made a splash during 2024 Presidential election. Billions of dollars were bet on the presidential election outcome via prediction market platforms like Kalshi and Polymarket this year. Here are some political bets to watch on Kalshi and Polymarket now that the presidential election is over. Johnnie Izquierdo/Getty ImagesCurrent odds: Yes (32¢), No (69¢)Betting volume: $285,843Trump ends Gaza war by first 100 days? Mostafa Bassim/Anadolu via Getty ImagesCurrent odds: Yes (47¢), No (54¢)Betting volume: $267,997

Persons: Kalshi, Mike Tyson, Jake Paul, Donald Trump's, Gavin Newsom, Josh Shapiro, Gretchen Whitmer, Pete Buttigieg, Andy Beshear, JD Vance, Anna Moneymaker, Vivek Ramaswamy, Ron DeSantis, Donald Trump Jr, Marco Rubio, Donald Trump, Robert F, Kennedy, Kevin Dietsch, Elon Musk, Steve Bannon, Jared Kushner, Ben Carson, Ken Paxton, Betsy DeVos, Ivanka Trump, Oleg Petrasiuk, Matt Gaetz, Trump, Tom Williams, DOUG MILLS, Karoline Leavitt, Scott Jennings, Tucker Carlson, Alina Habba, Kari Lake, Peter Doocy, Johnnie Izquierdo, Mostafa Bassim Organizations: Democratic, Republican, Libertarian National Convention, RFK Jr, Trump, 24th Mechanised Brigade, AP, United, Trump's, Getty, George Washington University in, George Washington University in Washington DC Locations: Trump's, Ukraine, Florida, Gaza, George Washington University in Washington, Anadolu

☆ Why Trump and Elon Musk want key administration officials to be confirmed without a floor vote
▼ + stars: | 2024-11-16 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

AdvertisementDonald Trump wants the next GOP senate leader to give him greater power to staff vacancies. Trump wants to use the president's recess appointment power in a major way. Like Trump, Musk is a big believer in flexing the recess appointment power. Related storiesIn his push for recess appointment power, Trump argued it was about ensuring he could staff up in a timely manner. Officials installed via recess appointment can only serve until Congress' next session.

Persons: Donald Trump, Trump, Elon Musk, Matt Gaetz, Robert F, Kennedy Jr, It's, Casey Burgat, Sen, John Thune of, Mitch McConnell of, Thune, Bret Baier, JD Vance's, Ronald Reagan's, hasn't, Kennedy, Sarah Binder, George W, Bush, John Bolton, Don McGahn, McGahn, Ed Whelan, Whelan, Burgat Organizations: White, Trump, Human Services, GOP, Legislative, George Washington University's Graduate School of Political Management, Fox News, Republicans, Center, Biden, Brookings, United Nations, Public Policy Center Locations: Washington, Florida, John Thune of South Dakota, Mitch McConnell of Kentucky

☆ Before politics, JD Vance had a career in venture capital. Here are the startups he's invested in.
▼ + stars: | 2024-11-16 | by ( Madeline Berg | Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

JD Vance is a man of many careers: attorney, author, senator, vice president-elect, and, perhaps less well-known, venture capitalist. For about six years between graduating from law school and becoming a United States senator from Ohio, Vance held various positions in the space before eventually starting his own fund, Narya Capital. Vance co-founded Narya Capital in 2019After two years, Vance broke out on his own, cofounding Narya Capital in 2019 with investments from Thiel, former Google CEO Eric Schmidt, and VC veteran Marc Andreessen. According to his vice president and senate disclosure forms, he has a stake in Narya Capital Fund I, Narya Capital Fund II, and Rise of the Rest Seed Fund. AdvertisementHis stake in Narya Capital Fund I is worth between $500,001 and $1 million.

Persons: JD Vance, Vance, doesn't, Peter Thiel's, Steve Case's, Boston —, Thiel, Eric Schmidt, Marc Andreessen, Narya, Vivek Ramaswamy's, Nayra, Luke Schroeder Organizations: United, Narya, Mithril, Narya Capital, cofounding, II, Narya's Capital, US Space Force Locations: United States, Ohio, New York, Silicon Valley, Boston, Narya, ValueBase, PitchBook

☆ Meet the Americans stocking up on cars, skincare, and toilet paper ahead of Trump's potential trade restrictions
▼ + stars: | 2024-11-16 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

For some, the fear of tariffs means stocking up on cars, skincare, and hair products. But following Donald Trump's presidential election victory, Hull heard that car costs could surge if his tariff plans are enacted. On the campaign trail, Trump proposed a 60% tariff on imports from China and 10% to 20% on goods from other countries. AdvertisementConsidering the larger scale of Trump's proposals this time around, trade experts have identified goods, including car parts, apparel, and electronics, as products at risk of getting more expensive under Trump's tariff proposals. With so much uncertainty regarding Trump's tariff proposals, it's difficult to plan.

Persons: Donald Trump, Kristen Hull, Donald Trump's, Hull, Trump, She's, I'm, Indi Dutta, Gupta, Karoline Leavitt, Vance, she's, Dutta, Marissa Garcia, Trump's, Peterson, Garcia, Beatrice Barba, Barba, Lisa Evans, Jonathan Gold, it's, Ford Organizations: Biden, Hull, Business, Georgetown University, Roosevelt Institute, Trump, Discovery, American Progress, National Retail Federation, jkaplan Locations: China, Columbia, Southern Indiana, Jacksonville , Florida, Los Angeles

☆ 7 ways a Trump administration could affect your finances
▼ + stars: | 2024-11-16 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

Here are seven ways a Trump administration could affect your personal finances. During Trump’s first term, the 2017 Tax Cuts and Jobs Act temporarily expanded the child tax credit from $1,000 to $2,000. “He will deliver.”TaxesThe Trump administration is expected to focus on extending tax cuts introduced by the Tax Cuts and Jobs Act that are set to expire in 2025. The Trump administration wants to “promote choice and competition” and make health care more affordable, according to his policy platform. The Trump administration will likely cut red tape to encourage business and real estate developments.

Persons: Donald Trump, he’d, Trump, JD Vance, Maria Castillo Dominguez, —, Karoline Leavitt, Vance, “, ” Leavitt, Alan Auerbach, Social Security Trump, Biden, Berkeley’s Auerbach, Joe Biden’s, ” Auerbach, “ They’re, ”, Trump’s, Auerbach, Sarah Lueck, ” Trump Organizations: CNN, Social Security, Jobs, Valoria Wealth Management, Trump, Urban, Brookings Tax, Tax, UC Berkeley, Center, enrollees, Republicans, Public, Consumer, National Retail Federation, Health, Republican, Center for Budget, Medicare, it’s, Housing

☆ Trump's plans to change healthcare could slash insurance for some low-income Americans and retirees
▼ + stars: | 2024-11-16 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Trump said he plans to change the Affordable Care Act, which provides healthcare for 45 million Americans. AdvertisementDonald Trump's return to the Oval Office could mean changes to Americans' healthcare coverage, based on his previous comments and actions while president. AdvertisementAs president, he will also have the power to influence America's healthcare landscape, including insurance coverage, drug price negotiations, government health and safety regulations, and reproductive healthcare access. Any changes to Medicaid and Medicare under Trump could also cause those with ACA insurance see a reduction in their care options. This could mean some Americans on ACA plans could face higher out-of-pocket costs and fewer in-network care options.

Persons: Trump, Donald Trump's, Barack Obama, Ji, Joe Biden's, Robert F, Kennedy Jr, Kennedy, Karoline Leavitt, Vance Organizations: Affordable, ACA, of Health, Human Services, Congressional, Office, Business, Trump, Georgetown University, DC, Insurance, Department of Health, Congress, Republican, House

☆ Zelensky says Ukraine war will end ‘faster’ under Trump presidency
▼ + stars: | 2024-11-16 | by ( Sophie Tanno | Maria Kostenko | ) edition.cnn.com time to read: +1 min

CNN —Ukrainian President Volodymyr Zelensky has said Russia’s war in Ukraine will end “faster” when Donald Trump takes over as US president. Trump, who was elected for a second term earlier this month, has repeatedly claimed that the Ukraine-Russia war would not have started if he had been president. In July, he said he could settle the war in one day. Throughout his campaign, the president-elect and his running mate, JD Vance, cast strong doubts on continued US commitment to Kyiv. The war has been ongoing for more than two and a half years, following the large-scale invasion of Russian forces in February 2022.

Persons: Volodymyr Zelensky, Donald Trump, Suspine, Zelensky, “, ”, Trump, JD Vance Organizations: CNN, White Locations: Ukraine, Russia, Kyiv, Russian

☆ Turns out America elected Elon Musk, too
▼ + stars: | 2024-11-16 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

Now that Trump has won, Musk is seemingly attached to him — in public and behind the scenes. At the moment, it also looks like they've elected Elon Musk. And Musk is relentlessly promoting Trump on Twitter, the site he bought in 2022 and renamed X. Related storiesPresident-elect Trump on Elon Musk: "He likes this place. He first floated the idea of having Musk run a government efficiency office in early September, but it wasn't a focus of his rallies and pitches.

Persons: Trump, Musk, we've, Donald Trump, they've, Elon Musk, there's, Vivek Ramaswamy, that's, Vladimir Putin, Volodymyr Zelenskyy, He's, can’t, I'm, It's, We've, David Nasaw, tycoons, William Randolph Hearst, Andrew Carnegie —, Trump's, Kamala Harris, Vance, Tim Walz, — I've, haven't, Tesla, Esther Crawford, Theodore Roosevelt, Hearst, Franklin Roosevelt Organizations: Elon, Trump, Department of Government, Twitter, New York Times, Times, United Nations, Mar, City University of New York Graduate Center, Musk, US, SpaceX, Carnegie Locations: Iran, Trump's Florida, Texas, Mexico, Florida, Madison

While Kamala Harris made history, Vivek Ramaswamy became a household name, and Usha Vance debuted to a tepid national audience, many everyday South Asian Americans were experiencing something altogether different. As these political leaders saw their profiles rise, everyday South Asian Americans experienced increased racism, with anti-South Asian posts online doubling over the campaign season, a new report found. Threats of violence against Asian Americans are up 17% from the baseline, and a vast majority of those threats were directed at South Asian Americans, the data revealed. Still, his Indian American identity has drawn fire. “South Asians, we don’t voice, we don’t make noise, we just silently are suffering,” she said.

Persons: Kamala Harris, Vivek Ramaswamy, Usha Vance, “, ”, Pawan Dhingra, it’s, Manjusha Kulkarni, Harris, ’ ‘, ’, ” Sona, ‘, ’ ”, Donald Trump ., Laura Loomer, JD Vance, Marjorie Taylor Greene, ” Dhingra, —, “ Kamala Harris ’, Sangay Mishra, she’d, Trump, Harris “, Vivek, Nick Fuentes, Ramaswamy, Ann Coulter, Elon Musk, Dhingra, It’s, Payal Sawhney, she’s, Sawhney Organizations: Amherst College, South Asian, Trump, Democratic National Convention, Republican National Convention, South, Drew University, NBC, GOP, Elon, Indian, “ Locations: South, India, Georgia, “, New Jersey, Indian, Indian American, U.S, ” Los Angeles

☆ Trump's plan to build more homes on federal land could push prices higher, UBS says
▼ + stars: | 2024-11-15 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +5 min

Trump's plan to transform federal land into housing will be costly, given minimal existing infrastructure, UBS says. Those policies, plus a set of potentially inflationary proposals, could drive up both home prices and mortgage rates, they say. Trump's plan to transform federal land into more housing seems particularly challenged, the analysts say. The higher rates will likely continue the housing lock-in effect, where existing homeowners prefer to remain locked in at their current lower rates. In prepared remarks on Thursday, Fed Chair Jerome Powell said the US is in no hurry to cut rates, signaling that mortgage rates could stay higher for longer.

Persons: —, Donald Trump's, homeownership, Trump, JD Vance, Vance, homebuyers, Jerome Powell Organizations: UBS, Service, Builders

Trump nominated Wray in 2017 after firing James Comey, but he began to sour on him before he left office in 2021. The 10-year term is designed to keep the FBI director position insulated from political whims. “Kash is frightening at the bureau,” one source familiar with internal deliberations about the role of FBI director. Trump also briefly considered installing Patel as deputy FBI director in the closing weeks of his first administration. The deputy FBI director job is a career position, and not a political appointee, and Attorney General William Barr helped talk Trump out of putting Patel at the bureau.

Persons: Donald Trump, Kash Patel, Christopher Wray, Patel, Matt Gaetz, Tulsi Gabbard, Trump, Mike Rogers, Mark Morgan, Jeff Jensen, Louis, Mike Flynn’s, he’s, –, John Ratcliffe, Wray, James Comey, “, Elect Trump, ”, Karoline Leavitt, Vance, Jensen, Rogers, Morgan, “ Kash, ” Patel, Steve Bannon’s, Devin Nunes, Nunes, Gina Haspel, – Patel, William Barr, Wray isn’t, CNN’s Kristen Holmes, Manu Raju Organizations: CNN, FBI, Republican, Customs, Trump, intel, DOD, CIA, House, National Security Council Locations: Mar, Lago, Trump’s, Russia

☆ Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle
▼ + stars: | 2024-11-15 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Details on the proposal are scant and some Democrats have called the overtime tax promise "as fake as his tan." "As part of our additional tax cuts, we will end all taxes on overtime," he said at a rally in Tucson, Arizona. Among these, 82.1 million were hourly workers and 15.6 million were salaried workers, the report said. Meanwhile, about 7% of hourly workers and 70% of salaried workers do not qualify for FLSA, the report said. For example, would it be designed as just an income tax or would it be a payroll tax exemption as well?

Persons: Donald Trump, Trump, Karoline Leavitt, Vance, There's, Russ Fulcher, Joseph Rosenberg, FLSA, John Ricco, Alex Muresianu, Muresianu, Rosenberg Organizations: Cobb Energy Performing Arts Centre, Republican, President, Trump, Fair Labor, Brookings Tax, Department of Labor, FLSA, Yale, Lab, Tax Foundation, Social Security Locations: Atlanta , Georgia, U.S, Tucson , Arizona, Idaho, Alabama, Wisconsin, DOL

WASHINGTON — Republican senators are preparing for a robust vetting of Matt Gaetz, President-elect Donald Trump's pick to lead the Justice Department, with a keen interest in details from a House Ethics Committee investigation into the former congressman from Florida. The Ethics Committee has jurisdiction only over sitting House members. Many Republican senators, including members of the GOP-led Judiciary Committee that will oversee Gaetz’s nomination for attorney general, said they'll want to see the details of the House Ethics investigation into Gaetz. But Gaetz's resignation complicates things, and the House committee hasn't indicated what it will do. Asked directly if he'd vote to confirm Gaetz, Cramer said the Florida congressman would have to make it through the Judiciary Committee first.

Persons: WASHINGTON, Matt Gaetz, Donald Trump's, Gaetz, Justice Department —, Trump, they'll, Sen, Joni Ernst, John Curtis, “, hasn't, Bill Boner, Buz Lukens, John Cornyn of, he'd, ”, Cornyn, it’s, ” Cornyn, ” Sen, Lindsey Graham, ” Graham, Trump hadn’t, Matt, Chuck Grassley, we’ve, ” Grassley, , Grassley, Susan Collins, Collins, Kevin McCarthy, Lisa Murkowski, Gaetz's, Ernst, He’s, JD Vance, Kevin Cramer, we’re, —, Cramer, McCarthy, I’ll, he’s, Mike Braun, I’m Organizations: Justice Department, NBC News, Republican, GOP, Committee, Punchbowl News, Judiciary, “, Department, NBC, Republicans, —, Trump Locations: Florida, Congress, Iowa, Utah, Ohio, John Cornyn of Texas, Maine, Pennsylvania, Alaska

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

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

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