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☆ 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

☆ Trump’s influence already generating drama among world leaders as G20 gets underway
▼ + stars: | 2024-11-18 | by ( Kevin Liptak | ) edition.cnn.com time to read: +5 min

It was just one example of Trump casting a long shadow over a pair of world leader summits taking place in South America this week. Yet to many involved in the discussions, the episode suggested the contention that colored world leader summits during Trump’s first presidency may be poised to return. “You can already see the Trump effect taking hold,” one Western diplomat said as the summit was getting underway. “Trump will only cause more divisions, and more divisions mean less leverage and less influence,” the official went on. “President Biden is that president, he will be handing off power in January, and it will be up to a new administration to decide what to do with it.”

Persons: Rio de Janeiro CNN — Donald Trump’s, Javier Milei, it’s, Trump, Joe Biden, Tulsi Gabbard, Pete Hegseth, Xi Jinping’s, Biden, ” Xi, Jake Sullivan, Xi, Donald Trump, Alex Brandon, Milei, Trump’s, ” Biden, “, “ Trump, ”, Jon Organizations: Rio de Janeiro CNN, Argentine, Trump, APEC, Fox News, Pentagon, White House, GOP, AP, “ Conservatives, Sunday Locations: Rio de Janeiro, Argentina, South America, Peru, Japan, South Korea, China, Lima, Rio, Paris, Ukraine, Russia, Moscow

☆ Trump doubles down on provocative Cabinet picks as their fates hang in the balance
▼ + stars: | 2024-11-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Not all of Trump’s picks are causing uproar. But in a conventional administration, controversies raging around at least four key Cabinet picks would be seen as a disaster. The president-elect’s son explains the planGaetz and several other Trump picks have caused consternation in some circles given the questions about their qualifications and past behavior. That’s what the American people want.”It would take a handful of Republican senators to block the most provocative Trump nominees early next year, given that Democrats are likely to vote en masse against them. If he’s qualified, he’s qualified.”Missouri Sen. Eric Schmitt said he believed Trump’s nominees would get confirmed.

Persons: Donald Trump, Matt Gaetz, Tulsi Gabbard, Pete Hegseth, Robert F, Kennedy Jr, Hegseth, Trump’s, Intrigue, Gaetz, —, Kennedy, Florida Sen, Marco Rubio, Trump, he’s, ” Johnson, South Dakota Sen, John Thune, Mike Johnson, CNN’s Jake Tapper, “, ” Sen, Adam Schiff, Jim Himes, they’re, Matt Gaetz —, Robert Kennedy, Tulsi, ” Trump, Donald Trump Jr, ”, Sen, Markwayne Mullin, “ I’ve, … I’ve, Matt, ” Missouri Sen, Eric Schmitt, Alabama Sen, Tommy Tuberville, Pennsylvania Sen, John Fetterman Organizations: CNN, Washington, Republican Senate, Office, Fox News, Florida Republican, of Justice, Department of Health, Human Services, Senate, Trump, South, Louisiana Republican, California Democrat, Democrat, House Intelligence, Sunday, Connecticut Democrat, CBS, Republican, Fox Business, Oklahoma Republican, Press, ” Locations: Gaetz, — Russia, Washington, Florida, South Dakota, “ State, Louisiana, United States, California, Connecticut, ” Missouri, Alabama, Pennsylvania

☆ Trump picks former congressman and Fox Business host Sean Duffy as next Transportation secretary
▼ + stars: | 2024-11-18 | by ( Kate Sullivan | ) edition.cnn.com time to read: +3 min

CNN —President-elect Donald Trump announced Monday he has selected former congressman and recent Fox Business co-host Sean Duffy to serve as the next secretary of the Department of Transportation. He most recently was co-host of Fox Business’ “The Bottom Line,” after first joining Fox News as a contributor in 2020. Wednesday marked his last day appearing on Fox Business, and he interviewed for the role of transportation secretary later in the week, according to a source. In the role, Duffy would takeover the department from Secretary Pete Buttigieg, who was named to lead the department in February 2021. Campos-Duffy is the co-host of “Fox & Friends Weekend,” where she worked for years alongside Pete Hegseth, Trump pick for defense secretary.

Persons: Donald Trump, Sean Duffy, Duffy, Duffy’s, ”, “, ” Trump, Pete Buttigieg, Elaine Chao, Duff, Rachel Campos, Campos, Pete Hegseth, Trump, CNN’s Brian Stelter Organizations: CNN, Fox Business, Department of Transportation, Congressional, Fox News, Trump, Republican, ”, Competence, Competitiveness, Beauty, National Security, ESPN, Fox, MTV, “ Fox, Friends, Republicans Locations: Ashland County , Wisconsin

Speaker Mike Johnson on Sunday left the door open to adjourning Congress so President-elect Donald Trump can appoint his Cabinet nominees outside of the usual Senate confirmation process if necessary. Both chambers usually gavel in for pro forma sessions even during times of recess specifically to prevent the president from making recess appointments and bypassing congressional approval. President Barack Obama once tried to use recess appointments and was rebuked by the Supreme Court, which said in 2014 that recesses needed to be 10 days or longer for recess appointments to be legal. Johnson isn’t the only Trump ally who has left the door open to using a recess appointment to confirm Trump’s Cabinet picks. “I have literally not discussed one word about the ethics report, not once, and I’ve been with him quite a bit this week,” Johnson said.

Persons: Mike Johnson, Donald Trump, ” Johnson, “, he’d, Trump, Johnson, Barack Obama, Trump’s, , Oklahoma GOP Sen, Markwayne Mullin, It’d, ” Mullin, Hakeem Jeffries, Chuck Schumer, Dick Durbin, Matt Gaetz, Gaetz, There’s, I’ve Organizations: Sunday, “ Fox, Supreme, , Oklahoma GOP, NBC, Press, GOP, Democratic, Trump’s, House, CNN Locations: Washington, , Oklahoma, D, Gaetz

Former Fox News host Pete Hegseth’s attorney on Sunday confirmed to NBC News that Hegseth, whom President-elect Donald Trump has named as his candidate for defense secretary, paid a woman an undisclosed amount after she accused him of sexual assault. “In 2023, Hegseth paid the complainant as part of a civil confidential settlement agreement and maintains his innocence,” Timothy Parlatore, Hegseth’s attorney, said in a statement. He also denied that the encounter between Hegseth and an unnamed woman, which she alleges happened in 2017, was sexual assault. Parlatore’s statement comes after The Washington Post on Saturday reported that a friend of Hegseth’s accuser sent a memo to the Trump transition team detailing the allegations. Authorities in Monterey investigated the allegation in 2017 and did not file charges against Hegseth.

Persons: Pete Hegseth’s, Donald Trump, “, Hegseth, ” Timothy Parlatore, Parlatore, ”, he’ll, Sen, Markwayne Mullin, ” Mullin Organizations: Fox News, NBC News, Washington Post, Trump, California Federation of Republican Women, Authorities, Hegseth, Senate, NBC, Press Locations: Monterey , California, Hegseth’s, Monterey, United States

☆ Meet the Press – November 17, 2024
▼ + stars: | 2024-11-17 | by ( ) www.nbcnews.com time to read: +58 min

And by the way, I do believe that President Trump has the ability to pick some really, really good people. We've seen what they've done to President Trump, we've seen the attacks that they continue to go after him with. That's - that’s being taken completely out of context. And President Trump hasn't been the one that weaponized the DOJ to go after his political enemies. I think that's a pretty controversial pick, from whatever pronoun that he or he - he or she decides to use.

Persons: KRISTEN WELKER, Donald Trump’s, SEN, LISA MURKOWSKI, SUSAN COLLINS, KEVIN CRAMER, JOHN BOLTON, Trump’s, Trump, MIKE JOHNSON, JOHN, CHUCK SCHUMER, DONALD TRUMP, Hakeem Jeffries, Markwayne Mullin, Amna Nawaz, Eugene Daniels, Jen Psaki, Lanhee Chen, it’s, Kristen Welker, Donald Trump, Matt Gaetz, Gaetz, who's, we're, Mike Johnson, Johnson, MATT GAETZ, Robert F, Kennedy Jr, Kennedy, he's, ROBERT F KENNEDY JR, I'm, I've, LEX FRIDMAN, Trump's, Pete Hegseth, Hegseth, ” Hegseth, SHAWN RYAN, PETE HEGSETH, Mullin, Press . SEN, MARKWAYNE MULLIN, Kristen, you've, Kristi Noem, Matt Gaetz's, they're, Matt, Here's, We've, we've, Biden, Hunter Biden, didn't, Trump hasn't, Garland, Pete, Bobby Kennedy, Bobby, Rachel, Sam, There's, Pete Buttigieg, Let's, Kristen –, there's, let's, Chuck Schumer, Obama, Canning, we'll, He's, Jeffries, HAKEEM JEFFRIES, Roe, Wade, Pelosi's, Pelosi, It's, Nancy Pelosi, Jim Clyburn, Steny Hoyer, That's, should've, Kamala Harris, it's, Matt Gaetz –, Tulsi Gabbard, Debbie Wasserman Schultz, DEBBIE WASSERMAN SCHULTZ, Assad, She's, Dick Durbin, Donald Trump's, Politico “ Playbook, AMNA NAWAZ, Jim Mattis, Rex Tillerson, John Kelly, Eugene, EUGENE DANIELS, –, Susan Collins, hasn't, LANHEE CHEN, aren't, Doug Burgum, Marco Rubio, Elise Stefanik, Jen, JEN PSAKI, – AMNA NAWAZ, that's, Thune, Biden's, George W, Bush, Joe Biden, JOE BIDEN, – I’ve, —, – JEN PSAKI, Elizabeth Warren, Bernie Sanders, We're, We'll Organizations: GOP, Democratic, Oklahoma, PBS, White House Press, Hoover Institution, Press, NBC, Department of Justice, Mar, FBI, CDC, ATF, DOJ, NBC News, Republicans, of Health, Human Services, Defense, Fox News, Police, Republican, Pentagon, Press ., Trump, Senate, Biden, White, Justice Department, America, Senate Armed Services Committee, The Washington, HHS, of Energy, Department of Transportation, RFK Jr, ’, House Democratic, Democracy, REP, House Democrats, Social, Medicare, Democrats, Committee, of, Politico, Stanford University, Trump’s, Gaetz, Department of Defense, Office, Mr, Republican Party, Democratic Party Locations: Washington, America, Florida, Monterey , California, States, Oklahoma, Russia, United States, Afghanistan, Iraq, New York, American, Syria, Russian, Will, California, –, Trump

☆ Trump transition team compiling list of current and former U.S. military officers for possible courts-martial
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +5 min

The Trump transition team is compiling a list of senior current and former U.S. military officers who were directly involved in the withdrawal from Afghanistan and exploring whether they could be court-martialed for their involvement, according to a U.S. official and a person familiar with the plan. The Trump transition team did not immediately respond to a request for comment. Afghan applicants crowd into the Herat Kabul Internet cafe seeking help applying for the Special Immigrant Visas program in 2021 in Kabul, Afghanistan. It’s not clear the Trump administration would pursue treason charges, and instead could focus on lesser charges that highlight the officer’s involvement. A military transport plane launches while Afghans who cannot get into the airport to evacuate are stranded in Kabul, Afghanistan, in 2021.

Persons: “, Matt Flynn, Paula Bronstein, Donald Trump, ”, Joe Biden, Biden, Pete Hegseth, ” Hegseth, Marcus Yam, capitulating, It’s, Trump, Howard Lutnick, George Floyd Organizations: Trump, U.S, U.S ., Biden, Fox News, Warriors, Pentagon, Kabul International Airport, Los Angeles Times, Getty, Islamic State, NBC, Democratic Locations: Afghanistan, U.S, Herat Kabul, Kabul, United States, Syria

CNN —President-elect Donald Trump’s defense secretary pick, Pete Hegseth, paid a woman who accused him of sexual assault in a settlement agreement that included a confidentiality clause, according to Hegseth’s attorney. Attorney Timothy Parlatore said Hegseth denies assaulting the woman and has characterized the October 2017 incident in Monterey, California as a “consensual sexual encounter.”Monterey city officials last week confirmed that local police had investigated “an alleged sexual assault” involving Hegseth. The woman, whom CNN is not naming because she is an alleged victim of sexual assault, did not respond to subsequent requests to be interviewed. Hegseth was a speaker at a conference held by the California Federation of Republican Women at a hotel during the timeframe when the alleged assault took place. Trump’s announcement was swiftly followed by news of the alleged sexual assault, catching the president-elect’s transition team off guard, CNN reported Friday.

Persons: Donald Trump’s, Pete Hegseth, Timothy Parlatore, Hegseth, “, Parlatore, – “ contusions, Trump, ”, ” Steven Cheung, CNN’s Kyung Lah, Scott Glover Organizations: CNN, Fox News, Washington Post, Hyatt Regency Monterey, California Federation of Republican Women, Hegseth, Pentagon, United, Defense Locations: Monterey , California, Monterey, Hyatt Regency Monterey Hotel, Spa, Monterey City

☆ The hidden dangers of parabolic stock moves — and how to best handle them
▼ + stars: | 2024-11-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

People always ask me why I dislike parabolic moves. In other words, parabolic moves force you to be a trader. I will fight no one who wants to buy Palantir because I sense that one will be the last name to go down. But parabolic moves are intoxicating. If we just had the 10-year bond move to 5%, I wouldn't even bother addressing the hidden dangers behind parabolic moves.

Persons: —, it's, Nvidia disappoints, Elon Musk, Robert F, Kennedy Jr, that's, Buffett, Warren, didn't, Fox, Richard Nixon, there's, Jim Cramer's, Jim Cramer, Jim, Alex Karp, Stefani Reynolds Organizations: York Stock Exchange, Nvidia, GameStop, SpaceX, RFK Jr, Health, Human Services Department, Apple, Amazon, Fox News, Republicans, Justice Department, Nuclear ETF, Jim Cramer's Charitable, CNBC, U.S, Senate, Intelligence, Capitol, Washington , D.C, Afp, Getty Locations: There's, Washington, 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

☆ Costco's founder met Jeff Bezos for coffee—his advice helped turn a near-death Amazon into a $2 trillion business
▼ + stars: | 2024-11-17 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

After 30 years in business, Amazon is a $2 trillion behemoth and one of the world's largest retailers. Some critics believed Amazon was doomed to never recover, but founder Jeff Bezos turned things around — with some helpful advice from Jim Sinegal, founder of rival retailer Costco. Amazon, Bezos added, would always aim to be the second type of company. Bezos credited the rebound to lower prices and promised to eliminate unnecessary costs in order to make more discounts possible, the Times reported — a similar strategy to Costco's. And what really drove it was lower prices for customers…" Bezos told Fox News in January 2002.

Persons: Amazon, Jeff Bezos, Jim Sinegal, Bezos, Barnes & Noble, Brad Stone, Sinegal, Stone, Jeff, We've Organizations: Costco, Barnes &, Amazon, The New York Times, Sales, Times, Fox News, Amazon Prime, CNBC Locations: Amazon's, Bellevue , Washington

☆ Doctors say RFK Jr.’s anti-Ozempic stance perpetuates stigma and misrepresents evidence
▼ + stars: | 2024-11-17 | by ( Meg Tirrell | ) edition.cnn.com time to read: +9 min

Sanjay Gupta Reports: Is Ozempic Right For You?” at 8 p.m. Sunday, November 17, on CNN. Even as they agree that it’s important to address growing rates of diabetes and obesity, doctors in that field say Kennedy’s plans miss the mark. Not everyone with obesity will want the drugs, and for some, they may have strong side effects such as nausea. Doctors who treat people with obesity suggest that fixing the food system shouldn’t be mutually exclusive with using weight-loss medications, when appropriate. “But a lot of his thinking is like ‘A plus B plus C plus miracle, and you’ve got an answer.’”

Persons: Sanjay Gupta, Robert F, Kennedy Jr, Donald Trump’s, —, ” Kennedy, Greg Gutfeld, Kennedy, European Union “, Ozempic, ideation, Michael Osterholm, ” Osterholm, “, Trump, he’s, Kennedy’s, Josh Green, that’s, Kennedy —, ”, Jody Dushay, Dr, Angela Fitch, “ We’ve, ” Fitch, we’ve, ‘, ” Dr, Daniel Drucker, ” Drucker, don’t, they’re, Fitch, Doctors, Elon Musk, who’s, ” Musk, It’s, he’d, you’ve, ’ Organizations: CNN, US Department of Health, Human Services, Fox News, Novo Nordisk, Danish Medicines Agency, European Union, US Food and Drug Administration, Infectious Disease, University of Minnesota, FDA, US Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, HHS, Hawaii Gov, Environmental Protection Agency, BMI, Harvard Medical School, Beth Israel Deaconess Medical, Fox, CNN Health, NPR, Trump Locations: Denmark, America, Hawaii, Samoa

☆ Elon Musk downsized Big Tech. Can he do the same to Big Government?
▼ + stars: | 2024-11-17 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +11 min

And to run the new cost-cutting department, Trump tapped the businessman he calls the world's "greatest cutter" — Elon Musk. If you're looking to take a chainsaw to the federal government, Musk seems perfectly suited to the job. When it comes to federal spending, one person's waste is another person's bread and butter. And his massive investments in electric vehicles and social media are dependent on all sorts of federal spending and oversight. Musk has acknowledged that Americans will feel "hardship" as a result of the cuts he wants to see implemented.

Persons: Donald Trump, Trump, Elon Musk, Musk, cochair, Vivek Ramaswamy, Ronald Reagan —, There's, Michael Morris, Morris, it's, Andy Wu, Linda Bilmes, Ronald Reagan, Joel Friedman, Brian Hughes, DOGE, Reagan, Ramaswamy, It's, Sam, Uncle, Elon Organizations: Department of Government, Twitter, Tesla, SpaceX, Defense Department, IRS, Columbia Business School, Harvard Business School, Government, Harvard Kennedy School, Office, GAO, Fox News, Budget, Federal Aviation Administration, Veterans Administration, — Locations: Ecuador, Independence

WASHINGTON — President-elect Donald Trump’s consistent campaign pledge to impose sweeping tariffs on products imported into the U.S. is likely to face stiff challenges in court and potentially pushback from Congress. There are potential legal limits to Trump’s authority, even though he has said he would unilaterally impose the increases. But a broad array of tariffs on allies “could cross the line,” especially as the Supreme Court has taken a generally pro-business stance in recent years, he added. During the Biden administration, the Supreme Court embraced a theory called the “major questions doctrine.” Biden’s ambitious plan to wipe out billions of dollars in student debt was one of the proposals the Supreme Court faulted. The Supreme Court declined to take up the issue.

Persons: Donald Trump’s, Trump, he’s, Joe Biden, ”, Alan Morrison, “, ” Morrison, ‘, ” Trump, Ed Brzytwa, Brzytwa, Sen, Rand Paul, Rick Scott, ” Scott, Petros Mavroidis, ’, Jennifer Hillman, Hillman, Biden, Matt Priest, “ We’ll, ” Priest Organizations: WASHINGTON, China . Industry, George Washington University Law School, Chicago Economic Club, National Bureau of Economic Research, Federal Reserve Board, Consumer Technology Association, “ Consumers, CTA, Fox News, Sunday, Republicans, Columbia Law School, Georgetown Law Center, of International Trade, Trump, Appeals, Federal Circuit, Supreme, Federal Communications, Federal Energy Administration, Footwear Distributors, Retailers of America Locations: U.S, Congress, China, United States, Ky, Canada

Trump wants Gaetz confirmed “100%,” a source told CNN. He also believes Gaetz is uniquely positioned to defend the Trump administration on television, an attribute prioritized by the president-elect. Trump’s pick for deputy attorney general — his defense attorney Todd Blanche — will carry out the day-to-day work of overseeing the Justice Department’s more than 40 agencies and 115,000 employees. In recent days, Gaetz has been reaching out directly to Republican senators, according to a source familiar with the efforts. The Democratic-controlled Judiciary Committee formally requested the House Ethics Committee report already, but Democrats will lose control of the committee in January.

Persons: Donald Trump, Matt Gaetz, Trump, Gaetz, ” Trump, Trump’s, Todd Blanche —, Justice Department’s, ” Gaetz, “, ”, Sean Spicer, Gaetz’s, Pete Hegseth, Robert F, Kennedy Jr, Tulsi Gabbard, Kennedy, Sen, Lisa Murkowski, Susan Collins of Maine, Joni Ernst, “ He’s, North Dakota Sen, Kevin Cramer, Kevin McCarthy, Oklahoma Sen, Markwayne Mullin, CNN’s Manu Raju, ” Mullin, Mullin, Mike Johnson, Mike Rounds, John Cornyn of, ” Rounds, Chuck Grassley, Grassley, John Thune, Thune Organizations: CNN, Department, Senate, Justice Department, Trump, Justice, Fox News, Hawaii Rep, Republican Senate, Republicans, Republican, North Dakota, Democratic, GOP Locations: Florida, Alaska, Iowa, Oklahoma, John Cornyn of Texas

☆ Trump made a lot of tax promises. Can he keep them?
▼ + stars: | 2024-11-16 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

Although Trump claims that his plan to raise tariffs will replace the revenue lost to these tax breaks, experts say that’s not possible. President-elect Donald Trump's tax proposals could cost trillions of dollars. In addition to eliminating taxes on certain income, Trump also floated making interest paid on car loans fully tax deductible; getting rid of the controversial cap on state and local tax deductions; ending the double taxation on Americans who live abroad; exempting police officers, firefighters, veterans and active-duty military from federal income tax; and even exploring jettisoning the federal income tax itself. Though his campaign didn’t release details on the proposal, Trump indicated that he would eliminate both federal income taxes and payroll taxes, which fund Social Security and Medicare. Virtually all tipped workers would get some tax relief if Trump also gets rid of payroll taxes on tips, the Tax Policy Center found.

Persons: Donald Trump, ” Karoline Leavitt, Trump, Marc Gerson, Miller, ”, Gerson, Donald Trump's, Jabin, Idaho Sen, Mike Crapo, Mandi Critchfield, Spokespeople, Jason Smith, Chris Campbell, ” Campbell, Republican Sen, Ted Cruz of, Byron Donalds, “ Sen, Brendan Duke Organizations: CNN, Social Security, Trump, GOP, “, Fox News, Capitol, Washington D.C, Republicans, Washington Post, Getty, Senate, Missouri Rep, Republican, Incamera Solutions, Yale University, Center, Rep, Center for American Progress Locations: Washington, Idaho, Nevada, Ted Cruz of Texas, Florida

☆ 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

☆ This is the anti-ESG venture capital firm that Donald Trump Jr. is joining instead of taking a White House role
▼ + stars: | 2024-11-16 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump Jr. will not take on a White House role, opting instead for the VC firm 1789 Capital. The venture capital firm that Donald Trump Jr. is reportedly joining eschews investments that push social and environmental issues and instead focuses on what it calls "EIG," or entrepreneurship, innovation, and growth. Like 1789 Capital, Trump Jr. has long been a proponent of the parallel economy, also called the "patriot economy," a term used by MAGA conservatives to refer to businesses that align with their traditional values. And Trump Jr.'s connection to Malik, the president of 1789 Capital, includes the pair's mutual support of a parallel economy platform called PublicSquare. Representatives for Trump Jr. through the Trump Organization and the Trump transition team didn't respond to a request for comment from BI.

Persons: Donald Trump Jr, Omeed Malik, Tucker, EIG, —, Tucker Carlson's, Donald Trump's, Omeed Malik —, Christopher Buskirk, Malik, Buskirk, deglobalization, MAGA, Trump, Malik didn't, Tucker Carlson, Jordan Cohen Organizations: The New York Times, Bloomberg, Trump Jr, Bank of America, Farvahar Partners, Trump, Republican National Committee, New York Stock, Time Magazine, Tucker Carlson Network, Fox News, Trump Organization Locations: The Florida, Beach , Florida

We had no income tax, and all we had was tariffs.”That’s why some Wall Street titans are trying to push for Bessent. Kyle Bass, a billionaire hedge fund investor at Hayman Capital Management, said Lutnick doesn’t have the composition to lead the Treasury. “Scott Bessent is eminently more qualified than Howard Lutnick to run the U.S. Treasury,” Bass posted on X Wednesday. A full week after appearing to decide on nominating Bessent, Trump interviewed him again at Mar-a-Lago. A key Cabinet player, the Treasury secretary advises the president on economic and fiscal matters, including spending and taxes.

Persons: Donald Trump, Elon Musk, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent, ” Musk, —, Bessent, ”, Kyle Bass, Lutnick doesn’t, “ Scott Bessent, ” Bass, “ Scott, I’ve, Bass, Dan Loeb, Scott Lincicome, Lutnick, “, Cheney, Lutnick —, Dick Cheney’s, George W, Tennessee Sen, Bill Hagerty, Larry Kudlow, Kudlow, Steven Mnuchin, Mnuchin Organizations: CNN, Trump, “, Wall, Fox News, titans, Hayman Capital Management, Treasury, U.S . Treasury, Cato Institute, Federal Reserve, Peterson Institute for International Economics, National Economic Council, America, Policy Institute, Fox Business, Bessent, Mar, Republicans, Treasury Department Locations: America, United States

“We know they can do it.”More than 300,000 women served tours of duty in Iraq and Afghanistan, Manning said. More than 9,000 women received Army Combat Action Badges for “actively engaging or being engaged by the enemy,” according to a 2015 report by the nonpartisan Congressional Research Service. Two were given a Silver Star, the third-highest military combat decoration, for “gallantry in action,” the report said. Manning said another 383 women were awarded a Purple Heart — the nation’s oldest military award, which recognizes sacrifice and heroism. “To cast this wide net and say women shouldn’t serve in combat — well, guess what?

Persons: Pete Hegseth, Donald Trump’s, ”, hasn’t, ” Hegseth, Shawn Ryan, Ben Shapiro, “ I’m, Ash Carter, Shapiro, “ shouldn’t, Lory Manning, Manning, “, Allison Jaslow, Jaslow, ” Jaslow, Trump, Hegseth, Steven Cheung, Trump’s, Sen, Tammy Duckworth, ” Duckworth, Raquel Durden, shouldn’t Organizations: U.S, Army, NBC News, Fox News, Pentagon, Army Rangers, Green Berets, Navy, Marine Corps, Air Force, ”, Defense Department, Service, Congressional Research Service, Star, Afghanistan Veterans, Army’s Ranger, Republican, Army National Guard, CNN Locations: U.S, America, Iraq, Afghanistan, California, Guantánamo Bay, Cuba

Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense and a former Fox News host, was investigated in 2017 over "an alleged sexual assault" at a California hotel that was hosting a gathering of Republican women, police said Friday. The National Federation of Republican Women was holding a convention at the hotel at the time, according to the organization's website. Fox News, the National Federation of Republican Women and Hyatt Regency hotels did not immediately respond to a request for comment. Hegseth's last day at Fox News was Tuesday, the day of Trump’s announcement, the network said earlier. He began working at Fox News in 2014 and began co-hosting “Fox & Friends Weekend” in 2017.

Persons: Pete Hegseth, Donald Trump’s, Hegseth, “, ”, Timothy Parlatore, Parlatore, Steven Cheung, Trump, Cheung, Hegseth's Organizations: Fox News, Republican, Monterey police, Police, Hyatt Regency Monterey, Del, National Federation of Republican Women, Vanity Fair, Trump, United, Defense, Fox, Hyatt Regency, Army National Guard Locations: California, Monterey, Hyatt Regency Monterey Hotel, Del Monte, Afghanistan, Iraq, Guantánamo Bay, Cuba

☆ Athletes from five universities file Title IX suit in transgender volleyball controversy
▼ + stars: | 2024-11-15 | by ( Nbc Bay Area Staff | ) www.nbcnews.com time to read: +5 min

“It’s disappointing it’s come to this point,” she said, calling it a "failure at every level of leadership.”The Mountain West Conference said it is taking the suit’s allegations seriously. “The Mountain West Conference prioritizes the best interests of our student-athletes and takes great care to adhere to NCAA and MW policies,” the conference said in a statement to NBC Bay Area. Already, four teams in the Mountain West Conference — University of Nevada, Reno; University of Wyoming; Boise State University; and Utah State University — have forfeited games against the SJSU Spartans. Separately, Southern Utah University, which is not in the Mountain West Conference, forfeited a match. A member of the Spartans volleyball team joined the suit last month, claiming that having a transgender teammate is unsafe for her, her teammates, and opposing teams.

Persons: Brooke Slusser, “, ” Slusser, Marshi Smith, it’s, ”, ” SJSU, Melissa Batie, SJSU, Smoose, I’ve, Smith, Utah State University —, Gloria Nevarez, Nevarez, ” Nevarez, ’ Organizations: San Jose State University women's, Mountain West Conference, California State University, Mountain West Conference —, Fox News, Independent, Women’s Sports, West Conference, NCAA, NBC, ” San Jose State University, NBC Bay Area, Spartans, Fairfield University, College of, Cross, Cornell University, Mountain West Conference — University of Nevada, University of Wyoming, Boise State University, Utah State University, SJSU Spartans, Southern Utah University, Spartans volleyball, University of Nevada, Mountain West, Associated Press, ” Locations: NBC Bay, ” San, Reno, Nevada , Idaho , Utah, Wyoming

Pete Hegseth, President-elect Donald Trump’s pick for defense secretary, was involved in a police investigation into an alleged sexual assault in 2017, local officials in California confirmed on Thursday night. A spokesperson for the city government of Monterey, California, said its police department had investigated “an alleged sexual assault” involving Hegseth, a Fox News host and Army National Guard veteran. The statement said that there were no weapons involved, but there were injuries — “contusions to right thigh” — without providing additional details. Describing Trump’s early selections for his administration as “high-caliber and extremely qualified,” Trump’s communications director defended Hegseth in a statement to CNN. Hegseth has vigorously denied any and all accusations, and no charges were filed,” said Trump communications director Steven Cheung.

Persons: Pete Hegseth, Donald Trump’s, “, Hegseth, — “ contusions, Trump’s, “ Mr, ”, Steven Cheung, Susie Wiles, Timothy Parlatore, ” Parlatore Organizations: Fox News, Army National Guard, Hyatt Regency Monterey, California Federation of Republican Women, Facebook, CNN, Trump Locations: California, Monterey , California, Hyatt Regency Monterey Hotel, Spa, Monterey, Monterey County

☆ Woman told House Ethics Committee she saw Gaetz have sex with a minor, lawyer says
▼ + stars: | 2024-11-15 | by ( Casey Gannon | Kaanita Iyer | ) edition.cnn.com time to read: +3 min

CNN —The attorney who represents two women who were witnesses in the House Ethics Committee probe into former congressman Matt Gaetz said Friday that one of his clients told the panel she saw the congressman having sex with a minor. “My client testified to the House Ethics Committee that she witnessed Matt Gaetz having sex with a minor,” said attorney Joel Leppard, whose clients sat for closed-door testimony before the committee as part of the now-dropped investigation into the Florida Republican. The Justice Department deemed the files too sensitive to release even to the House Ethics Committee. And House Speaker Mike Johnson said Friday he does not think the panel’s findings should be released and that he was “going to strongly request” the committee not do so. CNN’s Hannah Rabinowitz, Evan Perez, Annie Grayer, Manu Raju and Lauren Fox contributed to this report.

Persons: Matt Gaetz, ”, Joel Leppard, ” Gaetz, Gaetz, “ Merrick, Donald Trump, Gaetz’s, Leppard, Mike Johnson, Trump, Pete Hegseth, CNN’s Hannah Rabinowitz, Evan Perez, Annie Grayer, Manu Raju, Lauren Fox Organizations: CNN, Florida Republican, ABC News, Department of Justice, Senate, DOJ, Justice Department, Democrats, Republicans, Fox News Locations: Florida

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