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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is likely to 'go on hold' with rate cuts after June 2025, says Comerica Bank's Bill AdamsMatt McLennan, co-head of First Eagle’s global value team, and Bill Adams, chief economist at Comerica, join CNBC's 'The Exchange' to discuss the Fed's path for rate cuts, what they see in recent economic data, and more.
Persons: Bill Adams Matt McLennan, Bill Adams, CNBC's Organizations: Comerica
The last major IPO of the year has priced on an up note , and IPO investors are hopeful it will mark the end of three painful years of sub-par IPO raises. IPOs in 2024: A few winners, but mostly forgettable For most investors, 2024 has been a great year. IPO investors, however, have less to cheer about. IPO YTD mountain Renaissance IPO ETF Of those that did go public in 2024, there were a small number of standouts. Winners included social media platform Reddit , AI and cloud infrastructure firm Astera Labs , cloud data management firm Rubrik , financial management software firm OneStream , and healthcare payments software firm Waystar .
Persons: Greg Martin, hasn't, Martin, Matt Kennedy, Del, Kennedy, Rainmaker's Martin Organizations: Nasdaq, Rainmaker Securities, CNBC, IPOs, Renaissance Capital, Tech, Astera Labs, UL, Ingram, SpaceX, Reddit, Epic Locations: landscapers, Del Monte
Sky-high credit-card interest rates are not popular. "He said, you know what, credit-card interest rates, which in some cases right now are 20, 25%, should not be higher than 10%. The average credit-card interest rate for new card offers is 24.43%, according to LendingTree — up about 10 percentage points from a decade ago. "Obviously, the interest rates have to respond to changing market conditions, and we've definitely seen that happen. A rate cap isn't the only solution to America's ballooning credit-card-debt problem and just how expensive it is to carry debt.
Persons: everyone's, Donald Trump, Sen, Bernie Sanders, Trump, Sanders, Elizabeth Warren, Matt Schulz, LendingTree, we've, Julie Margetta Morgan, Margetta Morgan, Schulz, Chi Chi Wu, Elon Musk, Wu, Banks, it's, Natasha, Janet Yellen, Aaron Klein, Barack Obama, Klein, Alexandria Ocasio, Cortez, they're, Warren, Carter Dougherty, Emily Stewart Organizations: White, Business, Politico, American Bankers Association, LendingTree, Consumer Financial, Federal Reserve Bank of New, Trump, Chi, National Consumer Law Center, Yale, Washington, Brookings Institution, Department, Treasury, Consumer, Financial Reform, Republicans Locations: Federal Reserve Bank of New York, Alexandria, Washington
But facing reelection in two years in a conservative state, Rounds is the target of Trump allies trying to get him to fall in line on those picks. In a chamber where lawmakers often pride themselves on their independence, Republican senators insist that they aren’t feeling the outside pressure. Most of Trump’s selections don’t currently appear in serious danger of losing GOP support, although many senators aren’t officially backing Trump’s picks ahead of formal nominations and confirmation hearings. For their part, several Republican senators told CNN this week they don’t believe that an outside pressure campaign will influence their votes. The Maine Republican told reporters after the meeting she questioned him on issues related to allegations of heavy drinking and sexual misconduct.
Persons: CNN — Sen, Mike Rounds, Donald Trump, Rounds, doesn’t, Pete Hegseth, , ” Rounds, Sen, Joni Ernst of, MAGA, don’t, aren’t, Trump’s, Samuel Corum, “ We’re, Trump, , Matt Gaetz –, Republicans –, Tulsi Gabbard, Kash Patel, Tulsi, , we’ve, “ Gaetz, Maine Sen, Susan Collins –, Hegseth, I’ve, John McCain tanking, Thom Tillis, , Lisa Murkowski, Collins, it’ll, Don’t, ” Murkowski, Ernst, he’s, Ernst’s, Defense Department . Sen, Joni Ernst, Vivek Ramaswamy, Andrew Harnik, Charlie Kirk, Hegseth’s, Brenna Bird, Breitbart, it’s, ” Bird, ” Trump, ” “, she’d, ” Collins, ” It’s, Texas Sen, John Cornyn –, ” Cornyn, Veronica Stracqualursi, David Wright, Danya Gainor Organizations: CNN, Trump, South Dakota Republican, Pentagon, Joni Ernst of Iowa, GOP, Senate, Capitol, Getty, Advisers, Republicans, RFK, Drug, Administration, Republican, Cabinet, Trump’s Cabinet, Fox News, Defense Department ., Iowa, Maine Republican Locations: Dakota, Washington , DC, Hegseth, Trump, Maine, North Carolina, Washington, Alaska, Capitol, Iowa, Texas
“The only certainty is that new tariffs will be costly for the United States,” the researchers concluded. More than half (56%) of shoes sold in the United States are made in China, the trade group said. China’s “dominant position” in toymaking would be difficult to replicate in a way that meets US product safety standards, the Peterson Institute research found. The United States relies on Mexico for 89% of its imported avocados and 91% of foreign-grown tomatoes, according to the US Department of Agriculture. On the campaign trail, Trump vowed to make prices plunge and stressed that his tariff plan would not reignite inflation.
Persons: Trump, Donald Trump’s, , It’s, ” Karoline Leavitt, Vance, Steve Madden, Cole Haan, China’s, Julieta Contreras, Mary Lovely, Jing Yan, , ” Trump Organizations: New, New York CNN, Peterson Institute for International Economics, CNN, Peterson, , Footwear Distributors, Retailers of America, Nike, United, Peterson Institute, US Department of Agriculture, NBC, Locations: New York, China, United States, Canada, Mexico, toymaking, , AutoZone, Columbia
The United Kingdom on Wednesday indefinitely banned new prescriptions of puberty blockers to treat minors for gender dysphoria. The announcement comes a week after the U.S. Supreme Court heard oral arguments in a case involving state bans on puberty-suppressing medication and other forms of transition-related care for minors. Puberty blockers are commonly prescribed to transgender children in countries throughout the Western world to delay the onset of puberty or pause it as it is transpiring. A temporary ban on new puberty-blocker prescriptions for British minors experiencing gender dysphoria was already put in place over the summer. The U.K. ban comes as the U.S. Supreme Court weighs the constitutionality of a Tennessee ban on gender-affirming care for minors.
Persons: Wes Streeting, Dr, Hilary Cass, Cass, , ” Iris Duane, Organizations: U.S, Supreme, England’s National Health Service, Health, Social, Human Medicines, Labour, Britain’s Locations: Kingdom, Britain, Tennessee, U.S
WASHINGTON — Top Republicans are divided over the best strategy to advance core components of President-elect Donald Trump’s agenda when the party gains a slim majority in Congress next year. “My goal is to make sure we’re successful on making sure Trump’s tax cuts are made permanent and extended. I have tax cuts. “We should be doing the biggest reconciliation package you possibly can conceive of the first time around. I’m not sure you even get the second reconciliation package,” Biggs told NBC News on Tuesday.
Persons: Donald Trump’s, Jason Smith, Smith, ” Smith, I’ve, John Thune, ” Thune, , “ We’ve, Mike Johnson, Trump, Johnson, Trump's, we’re, we’ll, Kristen Welker, , Stephen Miller, Russell Vought, Matt Gaetz, Elise Stefanik, Mike Waltz, Corralling, Warren Davidson, Andy Biggs, he’s, I’m, ” Biggs, Biggs, James Comer, Tim Walberg, Jason, ” Walberg, Greg Murphy, Biden, ” Murphy Organizations: WASHINGTON —, Trump, Republicans, Democratic, GOP, , NBC News, Army - Navy, Republican, NBC, Press, White, Management, First, Conservative, Energy, Commerce, Locations: Florida, New York, Ohio, Arizona, , Ky
But let’s remove the name Bill Belichick and replace it with Coach X. Here is who North Carolina just hired:• Coach X has never coached a day in college football. • Coach X made his first post on Instagram — which he referred to as Instaface at the time — on Sept. 4 of this year. It would be an NFL program at a college level.”AdvertisementNo question, player development is crucial to success as a college coach. The college coaching landscape is currently in a bridge process, following the exits of national championship coaches Saban, Brown and Jim Harbaugh.
Persons: Belichick, Bill Belichick, X, Mack Brown, Nick Saban, , Tom Brady, Bill Callahan, Charlie Weis, Herm Edwards, Lovie Smith, Jonathan Daniel, Getty, He’s, Pat McAfee’s, , aren’t, Brown, Jim Harbaugh, Kirby Smart, Dabo Swinney, Smart, Dan Lanning, Steve Sarkisian, Kenny Dillingham, Deion Sanders, Spencer Danielson, Matt Campbell, Marcus Freeman, Shane Beamer, Eli Drinkwitz, Rhett Lashlee, Jon Sumrall, Fran Brown, Curt Cignetti, Jeff Monken, Chris Klieman, Lance Leipold, Scott Frost, Lincoln Riley, Sarkisian, Josh Heupel, — Weis, Les Miles, Edwards, Mike Riley, Karl Dorrell, Meech Robinson, Andy Lewis, Grant Halverson Organizations: UNC, Bowl, Navy, , NFL, West, Notre Dame, Arizona State, Saban, Jackson State, USC, Nebraska Locations: North Carolina, Carolina, Arizona, Illinois, Notre Dame and Kansas, Washington, Georgia, Ohio, Jackson, Nebraska, Texas, Kansas, Colorado
CNN —Former England rugby player Tom Voyce is believed to have died after his car was swept into a river, local authorities have said. Officers have since recovered his car in northeast England, but Voyce is still yet to be found. Members of a search and rescue team during a search operation for former England rugby player Tom Voyce. “Our thoughts and prayers are with the family and friends of Tom Voyce at this extremely challenging time,” England Rugby wrote in a post on X, formerly known as Twitter. “One of life’s wonderful humans… I can’t express my sadness right now,” he wrote, with a picture of Voyce training for England.
Persons: Tom Voyce, Tom, Storm Darragh, Voyce, Owen Humphreys, Tom’s, , , Matt Dawson Organizations: CNN, Former England, Northumbria Police, Officers, Wasps, London, Harlequins, England rugby, Press Association, England Rugby, England Locations: Northumbria, England, United Kingdom, Bath, Gloucester,
New York CNN —A former Florida-based TD Bank employee was arrested for his alleged role in a massive money-laundering scheme by drug cartels for which the US government previously fined the bank $3 billion. The arrest follows the record fine TD Bank faced in October, after the US Department of Justice said it had “long-term, pervasive, and systemic deficiencies” in its procedures for monitoring transactions. More than 90% of transactions went unmonitored between January 2018 to April 2024, which “enabled three money laundering networks to collectively transfer more than $670 million through TD Bank accounts,” according to a previous legal filing. It’s rare for the government to go after an individual bank employee in this kind of case. In October, TD Bank CEO Bharat Masrani said in a statement: “This is a difficult chapter in our bank’s history.
Persons: New York CNN —, Leonardo Ayala, , Ayala, Bharat Masrani, CNN’s Matt Egan, Jordan Valinsky Organizations: New, New York CNN, Bank, US, of New, US Department of Justice, Treasury, CNN, Court, New Jersey US, TD Bank, US Treasury Department’s, Network, US Justice Department Locations: New York, Florida, of New Jersey, Doral , Florida, Miami, New Jersey, Colombia, United States
Inflation ticked up in November as expected
  + stars: | 2024-12-11 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +2 min
Inflation increased as expected in November. The Federal Reserve will likely decide to cut interest rates in the last FOMC meeting of the year next week. AdvertisementThe consumer price index increased 2.7% from a year ago as expected, higher than October's 2.6% rate and the highest reading since July, when the rate was 2.9%. jumped, then policymakers at the Federal Reserve will start to look at the US economy with a bit more caution," Colyar said. AdvertisementCME FedWatch showed after the new inflation data was published traders expected a nearly 100% chance of an interest rate cut of 25 basis points next week, up from a nearly 90% chance before the report.
Persons: Matt Colyar, Colyar, Cory Stahle, Stahle Organizations: Federal Reserve, Moody's, Federal
Three-Stock Lunch: Macy's, Mondelēz, & Broadcom
  + stars: | 2024-12-11 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Macy's, Mondelēz, & BroadcomMatt Maley, chief market strategist at Miller Tabak and Company, joins CNBC's 'Power Lunch' to discuss three stocks.
Persons: Broadcom Matt Maley, Miller Tabak Organizations: Broadcom
Since long before the election, they’ve been poring through Project 2025 — it’s helpful, several Democratic governors told CNN, to have a blueprint in public. Laura Kelly, the chair of the Democratic Governors Association. Plans for Trump underway for monthsMany Democratic governors had been working on plans well before even President Joe Biden dropped out of the presidential race and Vice President Kamala Harris became their party nominee. They’re coming to this weathered with the experience from the first Trump term. Michigan Gov.
Persons: Donald Trump’s, they’ve, They’ve, , Laura Kelly, JB Pritzker, postelection, Jared Polis, Pritzker, Joe Biden, Kamala Harris, they’re, Trump, Emmanuel Macron’s, hasn’t, Gretchen Whitmer, Mike Pence, weren’t, Rebecca Wright, Whitmer, Donald Trump, ” Whitmer, I’ve, we’ll, Tim Walz, Harris ’, , Kathy Hochul, ” Hochul, Matt Meyer, Beverly Hilton, Richard Nixon, Nixon, ” — Walz, he’d, Martin O’Malley, Austin Steele, Gavin Newsom, Andy Beshear, Josh Shapiro, Wes Moore, Jay Inslee, Trump’s, , Lindsey Wasson, Inslee, Bob Ferguson, , ” Inslee Organizations: Los Angeles CNN —, Democratic, CNN, Trump, White House, National Guard, showdowns, Kansas Gov, Democratic Governors Association, Illinois Gov, Colorado Gov, Senate, White, Notre Dame, Mar, Michigan Gov, Convention, United Center, Michigan, Biden, Gov, Penn, New Yorker, Delaware Gov, Beverly, Golden Globes, Former Maryland Gov, Democratic National Committee, Minnesota Gov, Howard University, Kentucky Gov, Maryland Gov, Democratic Party, Washington Gov Locations: Kansas, Indiana, Illinois, Covid, Michigan, Chicago, Los Angeles, , Minnesota, York, New, Delaware, Washington ,, California, Polis , Pennsylvania, Seattle, Washington, Pearl
New York CNN —Corporations are scrambling to protect their senior executives as police warn of an elevated near-term threat against business leaders. People are on high-alert,” Keith Wojcieszek, global head of intelligence at Kroll, told CNN in a phone interview. The mood changed dramatically in a very short period of time,” said Krummrich, whose firm protects corporate executives, their families and residences from threats. One executive at a major bank told CNN that the UnitedHealthcare CEO killing made plain the risk facing senior leaders in Corporate America. He’s a guy who went through a similar upbringing that many corporate executives did,” said Krummrich, referring to the infamous Unabomber.
Persons: Brian Thompson, ” Keith Wojcieszek, Kroll, ” Wojcieszek, Thompson, Wojcieszek, Seth Krummrich, , , Krummrich, Eduardo Jany, Jany, Luigi Mangione, “ He’s, Ted Kaczynski, floorplans, Fred Burton, Burton, ” Jany, he’s, Bill George, we’ve, George, UnitedHealthcare, , That’s, don’t, It’s Organizations: New, New York CNN, Corporations, CNN, , The New York Police Department, Service, Security, Global Guardian, US, News Corp, Corporate, Ivy League, Secret Service, Diplomatic Security Service, US State Department ., Columbine, NYPD, Companies, Harvard Business School, UnitedHealth Group Locations: New York, Midtown Manhattan, Corporate America
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Video: ‘Wanted’ posters for CEOs appear in New York
  + stars: | 2024-12-11 | by ( Matt Egan | ) edition.cnn.com   time to read: 1 min
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It follows that credit card rates spiked along with the Fed’s string of 11 rate hikes starting in March 2022. But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average credit card interest rate fell by just 0.13%. For some retail credit cards, interest rates are still rising. The average retail card rate increased by more than a full percentage point over the past year, according to Bankrate. McBride advises consumers against signing up for a store credit card with a high rate during the peak shopping season.
Persons: , Greg McBride, ” McBride, Matt Schulz, LendingTree’s, ” Schulz, McBride, Cardholders Organizations: Federal, Fed, CNBC, Consumer Financial, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York
A Trump transition official disputed this arrangement. “President Trump has nominated highly-respected leaders who will serve our nation with excellence. “Whatever her partisan alignment, there is no question in President Trump’s orbit that Gabbard is 100% aligned with the MAGA movement and the America First agenda of President Trump. He and his team remain committed to her successful nomination,” the transition official told NBC News. Similarly, McConnell would be hard-pressed to allow Gabbard’s efforts to move forward, despite so far having kept his comments about Trump’s nominees private, one of the sources said.
Persons: Tulsi Gabbard, Donald Trump’s, Gabbard, Bashar al, Assad, Gabbard’s, Pete Hegseth, Trump, Hegseth, Republican —, MAGA, Roger Stone, , ” “, Sen, Tom Cotton, JD Vance, Cotton, Matt Gaetz —, Mitch McConnell, McConnell Organizations: Capitol, Defense Department, NBC News, Republican, Trump, Democrat, Democratic, Republicans, Trump’s, NBC, Press, incoming Locations: Russia, Hawaii —, America, Ukraine, Ky
Vice President Mike Pence and Speaker of the House Nancy Pelosi preside over a joint session of Congress on January 6, 2021 in Washington, DC. “I don’t make decisions based on who is the president,” Ford said. The federal election subversion indictment against Trump, filed by Justice Department special counsel Jack Smith, has already been dismissed. And while the Georgia case against Trump and his 14 co-defendants remains in limbo, the state likely won’t move forward with charges against Trump while he’s the sitting president. “It all speaks to the uniqueness of the legal issues surrounding President Trump,” said Elliot Williams, a CNN legal analyst and former Justice Department prosecutor.
Persons: Mike Pence, Nancy Pelosi, Erin Schaff, Donald Trump, can’t, Aaron Ford, ” Ford, , Mark Meadows, Rudy Giuliani, Boris Epshteyn, Jack Smith, Trump, , Elliot Williams Organizations: The New York Times, Democratic, Trump, CNN, White House, Justice, Justice Department Locations: Washington , DC, Georgia , Michigan, Arizona, Wisconsin, Nevada, Georgia
Because you've seen hundreds of PowerPoint presentations since your sixth-grade science-fair days, you instinctively know this one's going to take the full hour. Nearly four decades after the launch of PowerPoint, the slide deck remains one of the most dominant forces shaping how we think — and don't think — about our work. Jeff Bezos, Elon Musk, Sundar Pichai, and military top brass have been bad-mouthing and even banning slide presentations from meetings, instead favoring memos or even old-fashioned, visual-aid-free, raw-dogged discussion. Microsoft estimated that 30 million PowerPoint presentations were being made every day. AdvertisementI hate the way people use slide presentations instead of thinking.
Persons: YYou've, It's, you've, Jeff Bezos, Elon Musk, Sundar Pichai, Edward Norton —, , Norton, Nick Cogan, Steve Jobs Christina Farr, it's, — it's, there's, Edward Tufte, PowerPoint's, Tufte, what's, Steve Ballmer, Steven Ferdman, Steve Jobs, I've, Gilboa, I'm, Zeck, Robert Wolfe, Jeffrey, Edward Norton, they'd, Wolfe, PATRICK T, FALLON, Floyd, Olive, Jennifer Egan's, Egan, Alison Blake's, we're Organizations: Microsoft, Space Shuttle Columbia, Amazon, Los Angeles Clippers, Google, Getty, Space Corporation, Bravo, Goon, NASA Locations: Zeck, OpenAI, BarkBox, storytime, Aviv, Gilboa, CrowdRise
The case for Donald Trump’s tariffs
  + stars: | 2024-12-10 | by ( Matt Egan | ) edition.cnn.com   time to read: +9 min
Moore, who used to unabashedly favor free trade, said Trump convinced him that tariffs can be used as a negotiating tool. Trump’s recent threat to impose a 25% tariff on all imports from Canada got the immediate attention of Ottawa. It’s possible that Trump 2.0 uses tariffs, or at least the threat that he’ll impose tariffs, to get Mexico, Canada, China or other countries to address legitimate issues such as drug trafficking. Even Moore conceded that using tariffs to threaten BRICS nations is a “very, very flawed strategy” by Trump. During Trump’s first term, everything from US autos and soybeans to whiskey were targeted with retaliatory tariffs.
Persons: Donald Trump, Trump, ” Stephen Moore, Trump’s, Moore, , , ” Karoline Leavitt, Vance, , ’ Christine McDaniel, George W, Bush, George Mason University’s, McDaniel, Justin Trudeau, Trudeau, Stephen Moore, Samuel Corum, It’s, Erica York, York, ” York, There’s, Dean Baker, I’ll, Baker, Joe Biden, ’ Trump, ” Baker, Smoot, Hawley, ” Moore Organizations: New, New York CNN, United, CNN, Trump Economic, Trump, Washington, Canadian, Pacific Partnership, Heritage Foundation, Getty, Commerce Department, Tax Foundation, Economic, Policy Research, European Union Locations: New York, United States, Mexico, China, Canada, Ottawa, Mar, Japan, Tokyo, Beijing, United Kingdom, Rust, Brazil, Russia, India, South Africa
(Hegseth has denied any sexual misconduct and was not charged over a 2017 incident in California). “When voters select a president, they are selecting that president’s vision for a cabinet that will enact his agenda,” Bird wrote. She voted with Trump consistently during his first term and twice voted to acquit him in impeachment trials. Al Drago/Bloomberg/Getty ImagesEach of the picks is on record as vigorously criticizing the departments they were picked to lead. They’ve bought into Trump’s claims that he’s an innocent victim of persecution by the “Deep State” — intelligence agencies, bureaucrats, senior officials and Washington journalists.
Persons: Donald Trump’s, Pete Hegseth, Kash Patel, Tulsi Gabbard, Robert F, Kennedy Jr, Trump, MAGA, Sen, Joni Ernst, Hegseth, Matt Gaetz, Ernst, who’s, Pete, Donald Trump Jr, Joe Biden’s, Lloyd Austin, Steve Deace, ” Deace, , , ” Bird, Trump’s, , Patel, Gabbard, Kennedy, Al Drago, They’ve, James Mattis, State Rex Tillerson, John Kelly, Steve Bannon —, Kash, Bannon, Deace, Patel —, Bashar al, Assad, Donald Trump, Chip Somodevilla, CNN’s Manu Raju, Susan Collins of, Lisa Murkowski, it’s, Republican Sen, Lindsey Graham, Obama, Raju, Tennessee Sen, Bill Hagerty, CNN’s Jake Tapper, He’s, she’s, Edward Snowden, Julian Assange, ” Hagerty Organizations: CNN, Pentagon, Iowa, Fox, Iowa Republican, Blaze, Trump, NBC, GOP, FBI, Health, Human Services Department, Capitol, Bloomberg, Getty, State, White House, Trump Cabinet, Monday, Senate, The New York Times, Macomb Community College, Hegseth, Fox News, Republican, Democratic, South Carolina Republican, Tennessee, US Army Reserve, , Biden Locations: Iraq, California, America, Washington, Trump, Warren , Michigan, Afghanistan, Susan Collins of Maine, Alaska, Hawaii, Iran, Japan, Russia
CNN —The cast of “Friends” is well known for being besties, but that developed over time. During an appearance on Dax Shepard’s “Armchair Expert” podcast, “Friends” star Lisa Kudrow shared that the “six-way relationship” shared among cast members Jennifer Aniston, Courteney Cox, Matt LeBlanc, David Schwimmer, Matt LeBlanc, the late Matthew Perry and Kudrow “took some work.”The key, she said, was in their communication. “I had to learn to be like, ‘Can I talk to you about something?’”The actress said she learned from some of the cast members who she felt were better at it than her. “I saw it modeled really well by Courtney and Jennifer and Matt,” Kudrow said. We are a family,” the surviving cast members said in a joint statement released after Perry’s death.
Persons: , Dax Shepard’s, Lisa Kudrow, Jennifer Aniston, Courteney Cox, Matt LeBlanc, David Schwimmer, Matthew Perry, Kudrow “, didn’t, ” Kudrow, , Courtney, Jennifer, Matt, Kudrow, Perry, “ I’m Organizations: CNN, NBC, Netflix
Phil Murphy, a Democrat, signed a law Monday prohibiting public schools and libraries from banning books and protecting librarians who obey state law. “Across the nation, we have seen attempts to suppress and censor the stories and experiences of others,” Murphy said in a statement. New Jersey is the third state to sign a law prohibiting the banning of books at public schools and libraries, following Illinois and Minnesota. The new law is set to take effect in a year from the governor’s signing. However, the state education commissioner and the New Jersey state librarian are permitted to start implementing it immediately “as may be necessary,” the law states.
Persons: Phil Murphy, ” Murphy, , Jeenah, Toni Morrison’s “, Maia Kobabe’s, George M, Kevin Dehmer Organizations: New, New Jersey Gov, NBC, Bloomberg, Getty, PEN America, American Library Association, American Locations: New Jersey, New York, . New Jersey, Illinois, Minnesota, ” New Jersey
Republican National Committee Treasurer KC Crosbie told fellow members Sunday night that she is running for RNC co-chair to replace Lara Trump, who said Sunday night she is stepping down from that post. We accomplished all three,” Lara Trump wrote in an X post Sunday night announcing she was leaving the post. It’s unlikely anyone would be able to secure enough support to replace Lara Trump without the explicit approval of Donald Trump or his team. Crosbie was elected to serve as Kentucky’s RNC committeewoman in 2012 and picked to serve as the organization’s treasurer in June 2023. Most of the Trump family and many major supporters have publicly said that they support Lara Trump getting the appointment.
Persons: KC Crosbie, Lara Trump, Trump, ” Crosbie, , Donald Trump, Michael Whatley, ” Lara Trump, Crosbie, ” Lara Trump's, Ron DeSantis, Marco Rubio, Donald Trump's, we’ve, , that’s, Lara Trump’s, General Ashley Moody, Gov, Jeanette Núñez, Paul Renner, Jose Oliva, Cord Byrd, James Uthmeier Organizations: Republican National, RNC, NBC News, , Florida Gov, Fox News Locations: Kentucky, Florida
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