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☆ Speaker Mike Johnson is screwing up Republicans' hopes of separating Israel and Ukraine aid — but they don't seem to mind
▼ + stars: | 2023-10-31 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

Republicans have been trying to make sure that Israel and Ukraine aid are voted on separately. But Johnson's Israel bill is toxic for Democrats and increases the chance that the GOP gets jammed. AdvertisementAdvertisementMany Republicans really, really don't want to have to vote on a bill that includes both Israel and Ukraine aid. It would've been passed the House by an overwhelming bipartisan vote and applied significant pressure to senators who want to keep Israel aid linked with Ukraine aid. Nonetheless, Johnson's bill makes it only more likely that anti-Ukraine aid Republicans get rolled.

Persons: Johnson's, —, Biden, Republican Sen, Roger Marshall of, Marshall, would've, Mike Johnson, Chuck Schumer, Mitch McConnell, McConnell, Johnson, Sen, Ted Cruz, Cruz, Josh Hawley, Missouri, Israel, JD Vance, Ohio, Vance, aren't, We've, Ron Johnson, it's Organizations: GOP, Service, Republicans, Republican, Israel, Democratic, Internal, Kentucky Republican, IRS, Democrats, Biden, today's GOP Locations: Israel, Ukraine, Johnson's Israel, Taiwan, Roger Marshall of Kansas, Ted Cruz of Texas, Wisconsin, today's

☆ Morgan Stanley’s James Gorman Picked a Good Time to Leave
▼ + stars: | 2023-10-28 | by ( Telis Demos | ) www.wsj.com time to read: +1 min

James Gorman has spent nearly 14 years as Morgan Stanley CEO. Photo: Michael Bucher/The Wall Street JournalJames Gorman guided Morgan Stanley through years of superlow interest rates and booming stock markets. His successor, Ted Pick , might have to come up with some new ideas for a new era. Gorman, who will step down at the end of the year after almost 14 years as chief executive, bet big on wealth and asset management by absorbing all of Smith Barney and later buying E*Trade and Eaton Vance. And by valuation, Morgan Stanley has often been the leader of the pack, generally trading at a higher price-to-book ratio than even JPMorgan since the start of last year.

Persons: James Gorman, Morgan Stanley, Michael Bucher, Ted Pick, Gorman, Smith Barney, Eaton Vance, JPMorgan Chase Organizations: JPMorgan, JPMorgan Chase ’

☆ Republicans are desperate for attention — and it's decimating their ability to govern
▼ + stars: | 2023-10-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +15 min

In the end, the only man who could unify House Republicans behind him was a relatively little-known and mild-mannered evangelical Christian from Louisiana. AdvertisementAdvertisementAs the speaker saga wore on, it provoked questions among some House Republicans: How could it be that they had failed to elect a speaker for so long? While Gaetz maintains otherwise, his angry GOP colleagues have plenty of evidence to make their case that it was an attention ploy. Rep. Matt Gaetz surrounded by reporters and cameras after the House voted to oust Kevin McCarthy from the speakership. The attention economy doesn't preclude an ability to govern — an effective politician might seek to harness their celebrity towards worthy ends.

Persons: Mike Johnson's, Matt Gaetz, Kevin McCarthy, Garrett Graves, Sen, Thom Tillis, Madison Cawthorn, Tillis, Drew Angerer, Greg Murphy of, Nancy Mace, McCarthy, Mace, I'm, Win McNamee, Josh Hawley, Ronald Reagan, Donald Trump's, Nicole Wallace, Obama, JD Vance, Ohio, Vance, Ted Cruz, Jose Luis Magana, denialism, Jim Jordan, Marjorie Taylor Greene, Brett Kavanaugh, Jen Psaki, Symone Sanders, it's, Rep, Alexandria Ocasio, Cortez, Kelly Armstrong, Adam Schiff, Chip Somodevilla, Bob Good, Virginia, Gaetz, —, Ken Buck, Colorado, Hawley deadpanned, Mike Lawler, I've, Cruz, Buck, Joe Biden, Liz Cheney Organizations: Republicans, GOP, North Carolina Republican, Getty, Twitter, South Carolina, Republican, Rep, Fox News, Republican Party, Conservative Political, Conference, AP, Cannon, South, Democratic, Supreme, Biden, MSNBC, Democrats, Capitol, New York Post, Colorado Locations: Louisiana, Florida, Greg Murphy of North Carolina, Missouri, Hollywood, California, South Carolina, Alexandria, Cortez of New York, Ukraine, New York, Ted Cruz of Texas

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 19, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOct 27 (Reuters) - Morgan Stanley (MS.N) gave its incoming CEO Ted Pick and the two other executives considered for the top job one-time bonuses of $20 million each, the bank said in a filing on Friday. The three-decade Morgan Stanley veteran started his career at the bank and came up the ranks to run trading, equity capital markets and fixed income. It is unusual for Wall Street CEO candidates to stay on if they are not selected, and the bonuses offered at Morgan Stanley break from that tradition. Since becoming CEO in 2010, Gorman has transformed Morgan Stanley, creating a wealth management behemoth and making transformative acquisitions of broker E*Trade and asset manager Eaton Vance.

Persons: Morgan Stanley, Brendan McDermid, MS.N, Ted Pick, Pick, Andy Saperstein, Dan Simkowitz, James Gorman, Jan, Morgan, Gorman, Wells, Mike Mayo, Brian Moynihan, Jamie Dimon, Eaton Vance, Tatiana Bautzer, Lananh Nguyen, Manya, Anil D'Silva, Richard Chang Organizations: New York Stock Exchange, REUTERS, Wall Street, Reuters, Bank of America, JPMorgan Chase, Trade, Manya Saini, Thomson Locations: New York City, U.S, New York, Bengaluru

☆ Opinion | The Reactionary Futurism of Marc Andreessen
▼ + stars: | 2023-10-26 | by ( Ezra Klein | ) www.nytimes.com time to read: +4 min

I think the Republican Party’s collapse into incoherence reflects the fact that much of the modern right is reactionary, not conservative. It’s a coalition obsessed with where we went wrong: the weakness, the political correctness, the liberalism, the trigger warnings, the smug elites. The Silicon Valley cohort Andreessen belongs to has added a bit to this formula. Rather, it’s the pairing of the reactionary’s sodden take on modern society with the futurist’s starry imagining of the bright tomorrow. So call it what it is: reactionary futurism.

Persons: Jordan Peterson, J.D, Vance, Peter Thiel, Donald Trump, Patrick Deneen, ” Mark Lilla, “, —, ”, else’s, Andreessen, Nietzsche, ” “, John Galts Locations: incoherence, It’s

☆ Morgan Stanley's Pick and Gorman talk succession, strategy and challenges
▼ + stars: | 2023-10-26 | by ( Tatiana Bautzer | Thomson Reuters | Tatiana Bautzer Is A U.S. Banking Correspondent At Reuters In New York. She Previously Covered Banks In Brazil | ) www.reuters.com time to read: +3 min

Companies Morgan Stanley FollowNEW YORK, Oct 25 (Reuters) - Morgan Stanley's (MS.N) current CEO James Gorman and incoming CEO Ted Pick spoke with Reuters about the company's leadership succession and strategy. On strategy: "There is no change in strategy. JAMES GORMANOn Pick: "We picked (Pick) because he's had a long history of showing he's an exceptional operator. It takes, it takes enormous resilience and mental toughness, and he's got that." I chair Columbia Business School, I have a role at University of Melbourne, and I'll do a bit of that.

Persons: Morgan Stanley, Morgan Stanley's, James Gorman, Ted Pick, Gorman, we've, James, Smith Barney, Eaton Vance, We've, Andy Saperstein, Dan Simkowitz, Dan, Andy, JAMES GORMAN, he's, Ted, Tatiana Bautzer, Lananh Nguyen, Sonali Paul Organizations: Reuters, TED, Columbia Business School, University of Melbourne, DOJ, SEC, Thomson

☆ Comments on Morgan Stanley naming Ted Pick as CEO
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +3 min

The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in New York, U.S. April 17, 2017. REUTERS/Shannon Stapleton/File photo Acquire Licensing RightsOct 25 (Reuters) - Below are some quotes from banking observers and CEOs about Morgan Stanley's (MS.N) naming of insider Ted Pick on Wednesday as its chief executive officer effective Jan. 1, replacing long-time leader James Gorman. DAVID SOLOMON, CEO, GOLDMAN SACHS"First, I want to congratulate James Gorman for his very successful run as CEO at Morgan Stanley. James has been a remarkable CEO, a builder, a competitor, but also a great friend. I also congratulate Ted Pick on his appointment as the incoming CEO.

Persons: Morgan Stanley, Shannon Stapleton, Morgan Stanley's, Ted Pick, James Gorman, BRIAN MULBERRY, MOODY'S, STEPHEN BIGGAR, Eaton Vance, DAVID SOLOMON, GOLDMAN SACHS, James, We're, BRIAN MOYNIHAN, KENNETH LEON, MARK NARRON, FITCH, Saeed Azhar, Nupur Anand, Lananh Nguyen, Rod Nickel, Sonali Paul Organizations: REUTERS, ANA, Gorman, Wealth, OF, Thomson Locations: New York, U.S

☆ Blake Masters is running for a Phoenix-area House seat — but he lives over 100 miles away in Tucson
▼ + stars: | 2023-10-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

But he lives in Tucson, more than 120 miles away from Lesko's Phoenix-area House district. Abe Hamadeh, the 2022 GOP nominee for attorney general, is already running for the seat. In 2022, Masters, Lake and Hamadeh ran as a unified ticket. In 2022, Masters benefited from millions in outside spending from tech billionaire Peter Thiel. AdvertisementAdvertisementAs of the end of September, Masters' Senate campaign owed more than $820,000 in debt, most of which was owed to Masters himself.

Persons: Blake Masters, Debbie Lesko's, Kari Lake, —, there's, Masters, doesn't, I'm, Abe Hamadeh, Hamadeh, Lesko, Ben Toma, I've, Sen, Josh Hawley, JD Vance, Peter Thiel, Thiel Organizations: GOP, Service, Twitter, US, Arizona's, Commission, US Senate, Trump, Arizona House, Lake Locations: Tucson, Lesko's Phoenix, He'd, Arizona, Phoenix, Arizona's 8th, West, Scottsdale, Missouri, Josh Hawley of Missouri, Ohio

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 19, 2022. Saperstein, who leads wealth management, will remain co-president and head of wealth, and take on additional responsibilities overseeing investment management. Simkowitz, head of investment management, will become co-president and head of institutional securities. GORMAN'S LEGACYGorman joined Morgan Stanley in February 2006 and was named co-president the following year. Gorman "guided a traditional, white-shoe investment bank through a transformative and successful evolution into a diversified, dynamic wealth management institution," said Ana Arsov, managing director at Moody's.

Persons: Morgan Stanley, Brendan McDermid, Morgan Stanley's, Ted Pick, James Gorman, Gorman, Andy Saperstein, Dan Simkowitz, Pick, Brian Mulberry, John Mack, Brian Moynihan, Jamie Dimon, Eaton Vance, Stephen Biggar, Biggar, bachelor's, Ana Arsov, Manya Saini, Niket, Tatiana Bautzer, Lananh Nguyen, Nupur Anand, Saeed Azhar, Megan Davies, Anil D'Silva, Devika Syamnath, Sonali Paul Organizations: New York Stock Exchange, REUTERS, Wall, Zacks Investment Management, Wall Street's, Bank of America, JPMorgan Chase, Trade Financial Corp, Eaton Vance Corp, Argus Research, University of Melbourne, Columbia University, Thomson Locations: New York City, U.S, Wall, Gorman, Australia, Bengaluru, New York

☆ How Morgan Stanley exec Ted Pick rose from 'rough edged' deal junkie to CEO
▼ + stars: | 2023-10-25 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +21 min

Editor's note: Morgan Stanley announced on October 25 that Ted Pick would replace James Gorman as CEO. Employees knew they were getting promoted if Pick told them to wear a tie the following day, an ex-managing director recalled. While Morgan Stanley currently trades at a premium among its Wall Street peers, its enviable success isn't thanks to Pick. Gonzalo Marroquin/Patrick McMullan via Getty Images Show less Morgan Stanley investment management head and dark horse in the race for CEO, Dan Simkowitz. Despite enjoying the stock price gains under Gorman's reign, plenty of longtime employees want another dyed-in-the-wool Morgan Stanley loyalist, according to a former senior executive.

Persons: Morgan Stanley, Ted Pick, James Gorman, Pick, Gucci loafers, Blackstone, Tony James, Morgan, Gorman, Andy Saperstein, Dan Simkowitz, John Mack, Ted, James, Phil Purcell, Mack, Purcell, Merrill Lynch, Paul Taubman, Colm Kelleher, coheads, Gonzalo Marroquin, Patrick McMullan, Saperstein, Euromoney, Parker Gilbert, He's, John, cohead, Bolu, Goldman Sachs, Pablo, tony, Betsey Kittenplan, Smith Barney, James cochairs, Jim Breyer, Anna Wintour, John Mack pranking Pick, John Waldron, I'm, Howard Marks, Bill Parcells, atta, Brian Moynihan, aren't, David Solomon, Jamie Dimon's, Eaton Vance, he's, you've, Richard Drew, —, Hayley Cuccinello Organizations: Employees, Archegos Capital Management, Blackstone, McKinsey, Getty, Middlebury College, China Construction Bank, Harvard Business School, Mitsubishi, Wall, Autonomous Research, Anguilla, Agricultural Bank of China, Capital Management, Metropolitan Museum of Art, Vogue, New York Rangers, Oaktree Capital Management, Bloomberg, Staten, Disney, JPMorgan, Trade, AP Locations: China, Beijing, Manhattan, New York City, Caracas, Venezuela, Brookville, tony Long, hcuccinello@insider.com

☆ How to choose the right 5G infrastructure provider for your business
▼ + stars: | 2023-10-24 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +4 min

But finding the right infrastructure provider to support your organization can be tricky. But how can you separate the wheat from the chaff and pick the right infrastructure provider for you? "First and foremost, when selecting your 5G infrastructure provider, evaluate the longevity and reliability of their solutions," Vance Tran, a cofounder of the tech-advisory website Pointer Clicker, said. "For enterprise-centric private 5G deployments, it is essential to choose a provider that has considered the nuances of the enterprise world," Parm Sandhu, the vice president of enterprise 5G products and services at NTT Ltd, said. "That means the private 5G must be an extension of the existing LAN."

Persons: —, Fabio Giust, Giust, Vance Tran, Pointer Clicker, Parm Sandhu, Sandhu, downscaling, Alan Jones, you've Organizations: Service, 3GPP, NIST Secure Software, NIST, NTT Ltd Locations: Ireland

☆ Eyeing dividend-paying stocks? Don’t rush to pick up the richest yielding names
▼ + stars: | 2023-10-23 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Today's higher interest rate environment drives home the reason why investors should scrutinize stocks offering tempting double-digit yields. Digging beneath the surface Multiple factors may contribute to a stock touting high dividend yields at first blush. First, there are dividend sustainers – companies that have made steady payments for years, including Merck , Johnson & Johnson and Southern Co . Investors who want to hunt dividend payers shouldn't go for the biggest yielders, but instead look for names that are in the second or third quintile among dividend payers, he said. "For many investors, you can get a pretty good dividend play and a good yield through ETFs at a low cost," said Ebersole.

Persons: Bond, Charlie Gaffney, Gaffney, Eaton Vance, Jamie Ebersole, Kim Abmeyer, Morgan Stanley, shouldn't, Ebersole, Morningstar's Bryan Armour, VIG Organizations: Utilities, Morgan Stanley Investment Management, Ebersole, Abmeyer Wealth Management, Investors, Costco Wholesale, Merck, Johnson, Southern Co, Apple, Exxon Mobil, Walmart Locations: Southern

☆ Peter Thiel was an FBI informant. Here's how you could become one.
▼ + stars: | 2023-10-22 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +5 min

Billionaire megadonor and Trump supporter Peter Thiel became an FBI informant in 2021, Insider reported. What does an FBI informant do? The main responsibility of an FBI informant is, as the name suggests, to provide information and intelligence to the bureau. According to an internal FBI guide, the FBI can recruit lawyers, reporters, clergy members, prison officials, and even minors and individuals who live overseas. They "will be either an 'FBI source' or a 'former FBI source' and, in turn, his or her conduct or misconduct will reflect upon the FBI."

Persons: megadonor, Trump, Peter Thiel, —, J.D, Vance, Blake Masters, Charles Johnson, Johnson, Thiel, Johnathan Buma, They'll, it's Organizations: FBI, Service, Intercept, intel, CHS Locations: Arizona, Silicon, Los Angeles

☆ See how SpaceX's Starship rocket design has evolved through the years, in photos
▼ + stars: | 2023-10-22 | by ( Marianne Guenot | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +9 min

AdvertisementAdvertisementElon Musk is expecting SpaceX's Starship mega-rocket to take to the skies again, months after the ship blew up on its first-ever attempt to reach orbit. SpaceX's Starship stacked atop its Super Heavy booster near Brownsville, Texas. Originally teased under the name Mars Colonial Transporter, Starship's first rocket design was called "Interplanetary Space Transporter" as SpaceX realized its ambitions went beyond transport to Mars. 2019: Starhopper reaches 492 ft in flightSpaceX's Mars Starship prototype "Starhopper" hovers over its launchpad during a test flight in Boca Chica Trevor Mahlmann/ReutersThe first Starship prototype wasn't really a Starship at all. The first full-fledged Starship prototype to really catch some air was called Starship serial no.

Persons: Elon Musk, —, Musk, Gwynne Shotwell, BFR, Boca Chica Trevor Mahlmann, Twitter Musk, SN15, Starship's, Ashlee Vance Organizations: Elon, SpaceX, Service, Mars, Reuters, Super, Boca Chica, Raptor, Twitter, Mk1, Popular Mechanics, ambitiously, Engineers Locations: Brownsville , Texas, Starhopper, Boca Chica , Texas

☆ Tesla gets US assist in lawsuit challenging Louisiana direct-sales ban
▼ + stars: | 2023-10-20 | by ( Mike Scarcella | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +3 min

Tesla is suing the Louisiana Automobile Dealers Association, members of the Louisiana Motor Vehicle Commission and a group of dealers. The Justice Department and lawyers for Tesla said U.S. civil antitrust law does not require a showing of intent. Adding that requirement would "improperly" restrict antitrust law, Justice Department lawyers told the appeals court. Tesla countered in the appeal that Louisiana car dealers had "agreed with one another to harass Tesla with baseless investigations and drive it out of the state." The case is Tesla v. Louisiana Automobile Dealers Association et al, 5th U.S.

Persons: Tyrone Siu, Tesla, Elon Musk, Sarah Vance, Vance, Ari Holtzblatt, Wilmer Cutler Pickering Hale, Dorr, Mark Beebe, Adams, Reese, Paul Clement of Clement, Murphy, Matthew Mandelberg, Read, Mike Scarcella Organizations: Tesla, REUTERS, Tyrone, U.S . Justice, Louisiana Automobile Dealers Association, Louisiana Motor Vehicle Commission, Department, Circuit, Appeals, Justice Department, Louisiana Legislature, Louisiana Automobile Dealers, 5th U.S, Reese For Louisiana Automobile Dealers, Thomson Locations: Taipei, Taiwan, New Orleans, U.S, Louisiana, Michigan, 5th, States

☆ Analysis: The number one takeaway from President Joe Biden's Oval Office address
▼ + stars: | 2023-10-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

“I know these conflicts can seem far away, and it’s natural to ask – why does this matter to America?” Biden said. Biden’s decision to combine aid requests for Israel and Ukraine will trigger a fierce political clash in Washington. Hell no.”Polls show that Americans do not necessarily buy Biden’s position that the threats to Ukraine and Israel are the same. Biden’s address, with the familiar backdrop of US and presidential flags in the Oval Office felt like a throwback to an earlier age — when presidents would interrupt primetime on the handful of TV channels at a moment of national crisis. Like President Harry S. Truman, Biden’s trips to the bully pulpit are marked more for simple truculence than linguistic eloquence.

Persons: Joe Biden’s, Biden, ” Biden, “, beseeched, ”, Vladimir Putin, Donald Trump, Biden –, Trump, he’d, Putin, “ Joe Biden, Xi Jinping, Sergei Lavrov, Israel, MAGA, Kevin McCarthy, CNN’s Priscilla Alvarez, –, Ohio Republican Sen, J.D, Vance, ” Vance, John F, Kennedy, Harry S, Truman Organizations: CNN, America, Trump Republicans, Hamas, Republican House, GOP, Ohio Republican, Trump, CBS Locations: America, Israel, Ukraine, Gaza, Russian, Russia, Washington, Afghanistan, Beijing, North Korea, Iran, Chicago, China, Ohio

Chesebro was the third of 19 codefendants in the Georgia case to make a deal, a monumental legal and personal blow to Trump, who highly prizes loyalty among his associates. Another former Trump lawyer, Sidney Powell, entered into a plea deal Thursday, following a September deal by a lesser-known bail bondsman, Scott Hall. While other defendants – especially Trump – have pushed for later trial dates, Chesebro insisted on his right to a speedy trial. Jury selection for his case started Friday, and Chesebro entered into the plea deal hours after potential jurors filed into the courthouse. The Chesebro deal could be the third domino to fall against Trump and other high-level defendants such as former Trump lawyer and New York Mayor Rudy Giuliani.

Persons: Kenneth Chesebro, Donald Trump's, Chesebro, Trump, Joe Biden, Sidney Powell, Scott Hall, –, Fani Willis, Willis, Rudy Giuliani, Joyce Vance, ”, MAGA, Michael Cohen, Arthur Engoron, Engoron, Chris Kise Organizations: Trump, Biden, Biden's, U.S . Capitol, Act, New York, MSNBC Locations: Georgia’s Fulton County, Georgia, Fulton County, New York

☆ Mitt Romney says Ron DeSantis 'looks like he's got a toothache' when smiling for selfies with Iowa voters: 'There's just no warmth at all'
▼ + stars: | 2023-10-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

In a forthcoming book, the Utah senator says DeSantis "looks like he's got a toothache" in selfies. He also pondered whether DeSantis, who's "smarter than Trump," is ultimately more dangerous. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "He looks like he's got a toothache," Romney observed about DeSantis' selfies with voters in Iowa, adding of DeSantis generally: "There's just no warmth at all."

Persons: Sen, Mitt Romney, Ron, he's, —, Ron DeSantis, McKay Coppins, Romney, Donald, Trump, DeSantis Organizations: Trump, Service, Florida Gov, Utah Republican, POLITICO Locations: Utah, selfies, Iowa, Romney

☆ Exclusive: Tech billionaire Peter Thiel was an FBI informant
▼ + stars: | 2023-10-19 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +12 min

Another source close to Thiel told Insider that while they could not confirm that Thiel was a CHS, Thiel did speak to Buma occasionally. "[They] will be either an 'FBI source' or a 'former FBI source' and, in turn, his or her conduct or misconduct will reflect upon the FBI." Drew Angerer/Getty ImagesAs a CHS, Thiel was assigned a code name and an internal serial number to track his reporting. Thiel, Johnson said, was directed by the FBI not to report on his interactions with Donald Trump or other US political figures. Johnson told Insider that he brokered an introduction between Thiel and the FBI special agent who would become his handler.

Persons: Peter Thiel, Trump, Thiel, Johnathan Buma, Charles Johnson, Johnson, MAGA, Donald Trump, Drew Angerer, Scott Horton, Buma, Sen, J.D, Vance of, Blake Masters, —, Vance, Joe Biden's, Vance of Ohio, Anna Moneymaker, Masters, Mithril's, Matt Gaetz, Gaetz's, Ginger Gaetz, Bill Barr, Rudy Giuliani, Alex Wong, Jeffrey Epstein, Enrique Tarrio, Tarrio, Mattathias Schwartz Organizations: FBI, Buma, CHS, Trump, Trump Tower, Republican National Convention, Joe Biden's Department, Getty Masters, Mar, Masters, Pentagon, CIA, National Security Agency, US Army, NSO Group, Forbes, Mithril, Clearview's, Committee, Capitol, Founders Fund, Boys Locations: Los Angeles, Germany, United States, New Zealand, Malta, Silicon, Vance of Ohio, Arizona, Palantir, American, Russian, Atlantic City, schwartz79@protonmail.com

In Ohio, Jordan is a hometown boy whose Ohio State University wrestling coach title, conservative policies and never-say-die persona on Capitol Hill have earned him more devotion than he's currently receiving in Congress. It was a common theme on a cloudy fall day in downtown Urbana, Ohio — an oasis of cafes and antique stores in the sprawling, rich farmland that makes up most of Jordan’s district. Sherry Vaught, a Democratic mayoral candidate in Mansfield, had harsh criticism for the Ohio congressman as his possible speakership looms. JD Knopp, an 18-year-old resident of Mechanicsburg, Ohio just outside Urbana, said he thinks Jordan will make a great leader for a divided Republican party. Whether Jordan becomes speaker won't affect his opinion, but it might change how he views those who keep the congressman from winning the speakership.

Persons: Jim Jordan, isn't, Jordan, Donald Trump —, He's, he's, “, ”, Betty Lemmon, Jordan's, Joe Biden, Cynthia Leach, Jordan “, Russell Dye, Dye, Sherry Vaught, he’s, Vaught, Herb Asher, Sen, J.D, Vance, ” Asher, JD Knopp, Knopp, ” Knopp, ” ___ Samantha Hendrickson Organizations: —, Democratic, Freedom Caucus, House Republicans, Ohio State University, Trump, Jordan, Associated Press, Capitol, Republican, Social Security, U.S . House, The Ohio State University, America Statehouse News Initiative, America Locations: URBANA, Ohio, Washington, Champaign County, Jordan, Urbana , Ohio, Jordan’s district, It's, Ohio’s, —, Mansfield, Mechanicsburg , Ohio, Urbana

☆ This Morgan Stanley veteran is ready to be CEO — it just might be somewhere else
▼ + stars: | 2023-10-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +16 min

Morgan Stanley CEO James Gorman plans to retire by May 2024. "Cross-pollinating key leaders across our major businesses further knits the Morgan Stanley culture," Gorman wrote in a memo at the time. Morgan Stanley, which was the lead underwriter, had to step in to prop up the stock. In 2010, Morgan Stanley was picked as one of two lead underwriters — the other being JPMorgan — for the IPO of General Motors. With Morgan Stanley at the top of its game, breaking up this well-oiled team could be disastrous.

Persons: Morgan Stanley, James Gorman, Ted Pick, Andy Saperstein, Dan Simkowitz, He's, Simkowitz, Eaton Vance, Pick, Morgan, Getty, Dan, doesn't, Gorman, Morgan Stanley's, Saperstein, executive's protégé, Andy, Alex, Brown, Ted, she'd, Simkowitz's, Dean Witter Reynolds, Eaton, Calvert, Ruth Porat, Bob Scully, Fannie Mae, Freddie Mac, Will Dotson, Dan Akerson, TIMOTHY A, CLARY, Erik Gordon, Dodd, Frank, David Bieri, Gonzalo Marroquin, Patrick McMullan, Paul Taubman, Colm Kelleher, coheads, John Mack, Phil Purcell, Hayley Cuccinello Organizations: Disney, Harvard, McKinsey, Columbia Business School, Maccabiah Games, Team USA, Maccabi USA, Trenton Almgren, Davis, Lucent, Verizon, Mesa West Capital, JPMorgan, Calvert Research, Management, Facebook, Massachusetts Securities Division, Treasury, JPMorgan —, General Motors, Government Motors, General, New York Stock Exchange, Getty, University of Michigan's Ross School of Business, Citigroup, Virginia Tech, US Securities and Exchange Commission, United States Attorney's Office, Southern, of Locations: Bloomington , Indiana, Trenton, New York, Tokyo and Hong Kong, Boston, Washington, Switzerland, of New York, hcuccinello@insider.com

☆ One of Marjorie Taylor Greene's top priorities in a new speaker is advancing a bill to restrict trans children and adults from receiving gender-affirming care
▼ + stars: | 2023-10-10 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

Rep. Marjorie Taylor Greene said that the next speaker needs to support a restrictive bill of hers. The bill would prohibit any "taxpayer-funded gender-affirming care" as well as care for minors. Introduced in June 2023, Greene's "Protect Children's Innocence Act" does far more than simply limit children from accessing gender-affirming care. AdvertisementAdvertisementIn actuality, according to a press release from her own office, it prohibits any "taxpayer-funded gender-affirming care," forbid "institutions of higher education" from teaching about gender-affirming care, and restricts any foreigner who's performed any form of gender-affirming care on a minor from entering the United States. Greene's interview on Sunday with Fox News wasn't the first time she's brought up her legislation in relation to the House speaker vote.

Persons: Marjorie Taylor Greene, —, Maria Bartiromo, Kevin McCarthy, Greene, who's, Republican cosponsors, Sen, JD Vance, Greene's, she's, Donald J, Jim Jordan, Steve Scalise —, McCarthy, Matt Gaetz Organizations: Republicans, Rep, Service, Fox News, Republican, Trump Locations: United States, House

The Hamas terrorist attack on Israel is reprehensible. Israel is under heavy attack right now by Hamas and taking action to defend itself and its people. Israel has every right to defend itself.”Sen. Jon Tester, Montana Democrat“I strongly condemn the terrorist attacks launched by Hamas against our ally Israel. I will continue to closely monitor the situation.”Sen. Maggie Hassan, New Hampshire Democrat“Hamas’s terrorist attack on Israel is nothing short of horrifying. Israel has every right to defend itself from this unjust war.”Sen. Ron Wyden, Oregon Democrat“The terrorist attack on Israel is appalling.

Persons: Hakeem Jeffries, “, Steve Scalise, ” Kevin McCarthy, ” Chuck Schumer, –, Herzog –, ” Mitch McConnell, ” Tom Emmer, ” Katherine Clarke, ” Dick Durbin, ” John Thune, ” Sen, Debbie Stabenow, Michigan Democrat “, Israel, Amy Klobuchar, Mark Warner, Elizabeth Warren, Massachusetts Democrat “, Bernie Sanders, Cory Booker, Cory Booker , New Jersey Democrat “, Joe Manchin, West Virginia Democrat “, Tammy Baldwin, Wisconsin Democrat “, Gary Peters, Gary Peters , Michigan Democrat “, Catherine Cortez Masto, Brian Schatz, Hawaii Democrat “, Jeff Merkley, Oregon Democrat “, John Barrasso, Joni Ernst, Iowa Republican “, Sen, Shelley Moore Capito, West Virginia Republican “, Steve Daines, Montana Republican “, Mike Lee, Mike Crapo, Chuck Grassley, Tommy Tuberville, Katie Britt, Lisa Murkowski, Dan Sullivan, Kyrsten, Mark Kelly, John Boozman, Tom Cotton, Arkansas Republican “, Alex Padilla, Laphonza Butler, California Democrat “, today’s, Michael Bennet, Colorado Democrat “, John Hickenlooper, Richard Blumenthal, Connecticut Democrat “, Chris Murphy, Tom Carper, Delaware Democrat “, Chris Coons, Marco Rubio, Rick Scott, Jon Ossoff, Georgia Democrat “, Anat Sultan, Raphael Warnock, “ I’m, Mazie, Tammy Duckworth, Todd Young, Mike Braun, Jerry Moran, Kansas Republican “, Hamas’s, Roger Marshall, Netanyahu, Rand Paul, Kentucky Republican “, Bill Cassidy, John Kennedy, Susan Collins, Maine Republican “, Ben Cardin, Maryland Democrat “, Chris Van Hollen, Ed Markey, Tina Smith, Minnesota Democrat “, Roger Wicker ,, Roger Wicker , Mississippi Republican “, Cindy Hyde, Josh Hawley, Eric Schmitt, Jon Tester, Montana Democrat “, Deb Fischer, Nebraska Republican “, Pete Ricketts, Jacky Rosen, Nevada Democrat “, Jeanne Shaheen, Jeanne Shaheen , New Hampshire Democrat “, Maggie Hassan, Maggie Hassan , New Hampshire Democrat “, Bob Menendez, Bob Menendez , New Jersey Democrat “, Martin Heinrich, New Mexico Democrat “, Biden, Ben Ray Lujan, Kirsten Gillibrand, New York Democrat “ I'm, Thom Tillis, Ted Budd, North Carolina Republican “, John Hoeven, John Hoeven , North Dakota Republican “, Kevin Cramer, Sherrod Brown, Ohio Democrat “, J.D, ”, Vance, James Lankford, Markwayne Mullin, Israel –, Ron Wyden, Bob Casey, John Fetterman, craven, Jack Reed, Sheldon Whitehouse, Lindsey Graham, Tim Scott, South Carolina Republican “ I’m, Mike Rounds, South Dakota Republican “ Shocked, Marsha Blackburn, Marsha Blackburn , Tennessee Republican “ Israel, Bill Haggerty, Tennessee Republican “, John Cornyn, John Cornyn , Texas Republican “, Ted Cruz, Mitt, Vile, Peter Welch, Vermont Democrat “, Tim Kaine, Patty Murray, Washington Democrat “, Maria Cantwell, Ron Johnson, Wisconsin Republican “ Israel, Cynthia Lummis, Wyoming Republican “, Jim Jordan, Jared Moskowitz, Abigail Spanberger, Elissa Slotkin, Don Bacon, perpetrating, Cori Bush, Missouri Democrat “, Kevin Hern, Kevin Hern , Oklahoma Republican “, ” Rep, Ritchie Torres, Ritchie Torres , New York Democrat “, Michael McCaul, Michael McCaul , Texas Republican “ I, Ilhan Omar Organizations: Palestinian, Hamas, Biden, House, Michigan Democrat, Minnesota Democrat, Virginia Democrat “, Senate Intelligence, Massachusetts Democrat, Islamic, Cory Booker , New, Cory Booker , New Jersey Democrat, West Virginia Democrat, Wisconsin Democrat, Gary Peters , Michigan Democrat, Nevada Democrat, Hawaii Democrat, State, Oregon Democrat, John Barrasso , Wyoming Republican, Iowa Republican, West Virginia Republican, Montana Republican, Utah Republican, Idaho Republican, Alabama Republican, Alaska Republican, Alaska Republican “, Arizona Democrat, John Boozman , Arkansas Republican “, Jewish, Arkansas Republican, California Democrat, Colorado Democrat, Connecticut Democrat, Delaware Democrat, Israel, Florida Republican, Georgia Democrat, Hawaii Democrat “, Indiana Republican, Indiana Republican “, Kansas Republican, Kentucky Republican, Louisiana Republican, Maine Republican, Maryland Democrat, Roger Wicker , Mississippi Republican, Smith , Mississippi Republican, Josh Hawley , Missouri Republican, Missouri Republican, Montana Democrat, Nebraska Republican, Jeanne Shaheen , New, Jeanne Shaheen , New Hampshire Democrat, Maggie Hassan , New Hampshire Democrat, Bob Menendez , New, Bob Menendez , New Jersey Democrat, New Mexico Democrat, New, New York Democrat, United, North Carolina Republican, John Hoeven , North Dakota Republican, Kevin Cramer , North Dakota Republican “, Ohio Democrat, Vance , Ohio Republican, James Lankford , Oklahoma Republican, Oklahoma Republican, “ Hamas, Rhode, Lindsey Graham , South Carolina Republican, South Carolina Republican, South Dakota Republican, Marsha Blackburn , Tennessee Republican, Tennessee Republican, John Cornyn , Texas Republican, Ted Cruz , Texas Republican, Vermont Democrat, Washington Democrat, Wisconsin Republican, Wyoming Republican, ”, Ohio Republican “, Missouri Democrat, Kevin Hern , Oklahoma Republican, Ritchie Torres , New, Ritchie Torres , New York Democrat, Jewish State, Michael McCaul , Texas Republican Locations: Israel, United States, Tehran, The United States, Iran, Michigan, U.S, Minnesota, Massachusetts, Vermont, Cory Booker ,, Cory Booker , New Jersey, West Virginia, Wisconsin, Gary Peters , Michigan, Nevada, Hawaii, Oregon, John Barrasso , Wyoming, America, Iowa, West, Montana, Iranian, Utah, Idaho, Alabama, Alaska, Alaska Republican “ America, @Israel, Kyrsten Sinema, Arizona, John Boozman , Arkansas, Jewish State, Arkansas, Saudi Arabia, California, Gaza, Colorado, Connecticut, Delaware, Florida, Georgia, Mazie Hirono, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Palestine, Roger Wicker , Mississippi, Smith , Mississippi, Josh Hawley , Missouri, Missouri, Nebraska, Jeanne Shaheen ,, Jeanne Shaheen , New Hampshire, Maggie Hassan , New Hampshire, Bob Menendez ,, Bob Menendez , New Jersey, New Mexico, New York, North, John Hoeven , North, Kevin Cramer , North, Ohio, Vance , Ohio, James Lankford , Oklahoma, Oklahoma, Pennsylvania, Rhode Island, Lindsey Graham , South, South, States, Marsha Blackburn , Tennessee, Tennessee, John Cornyn , Texas, Ted Cruz , Texas, Mitt Romney, Virginia, “ Hamas, Washington, Wyoming, Ohio Republican “ America, Kevin Hern , Oklahoma, Ritchie Torres ,, Ritchie Torres , New York, Michael McCaul , Texas

Military promotions, including for the chief of naval operations, have been held up by a single senator because of abortion policy. "It could make our response significantly less effective" and imperil aid to both Israel and Ukraine. That followed the sending of a U.S. aircraft carrier strike group and military aircraft closer to Israel as a show of support. The United States is also supplying Israel with munitions and other military supplies, Defense Secretary Lloyd Austin said. "This kind of situation is what many were worrying about, with all the holds on nominations and military promotions.

Persons: Joe Biden's, Israel, Sen, Jack Reed, Israel –, Reed, Laura Blumenfeld, Blumenfeld, Biden, Benjamin Netanyahu, “, Lloyd Austin, Jonathan Lewallen, –, Donald Moynihan, Moynihan, Rand Paul, J.D, Vance, Tommy Tuberville, Tuberville's, Chuck Schumer, …, Gerry Connolly, Lewallen Organizations: Rhode Island, Armed Services Committee, United States Central Command, GOP, Johns Hopkins School, International Studies, State, Palestinian, U.S, Hamas, Defense, University, Tampa, Georgetown University, Senate, Kentucky Republican, Ohio Republican, Alabama Republican, Military, White, New, New York Democrat, Joint Chiefs of Staff, Army, Marine Corps, Virginia Democrat, House Foreign Affairs, MSNBC Locations: Israel, Kuwait, Oman, Lebanon, Egypt, U.S, Palestinian, Ukraine, United States, France, Germany, Great Britain, Kentucky, China, Ohio, Alabama, New York, Virginia

☆ Opinion: McCarthy’s downfall offers a clear lesson for Republicans
▼ + stars: | 2023-10-06 | by ( Stuart Ross | Opinion Geoff Duncan | ) edition.cnn.com time to read: +6 min

CNN —As the dust settles on the tenure of former House Speaker Kevin McCarthy, there are lessons the Republican Party should learn. As the Republican caucus considers its next steps, they must choose a leader whose stewardship signals a clear break from the past. Here are the ways that Trump triggered the events that fueled McCarthy’s downfall. In 2022, Republican Senate candidate Herschel Walker, a former football star whose controversial candidacy was fueled by his connection to the former president, met the same fate. Fast forward less than a year and Trump was nowhere to be found when McCarthy’s fate as speaker hung in the balance.

Persons: Geoff Duncan, Kevin McCarthy, Geoff Duncan Geoff Duncan, Donald Trump’s, Trump, Jim Jordan of, That’s, McCarthy, MAGA, Matt Gaetz, Republican Sens, David Perdue, Kelly Loeffler, Herschel Walker, Vance of Ohio —, Gaetz, Marjorie Taylor Greene, speakership, Joe Biden, “ Organizations: CNN, GOP, America’s Conservative Party, Republican Party, Republican, Trump, Republicans, Senate, ” Voters, Democratic, Trump - Locations: Jim Jordan of Ohio, Florida, Georgia, Arizona , New Hampshire , Ohio, Pennsylvania, Washington ,

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