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West Palm Beach, Florida CNN —President-elect Donald Trump has named Steven Cheung as his White House communications director, promoting the campaign spokesman to one of the top communications roles in the White House. During Trump’s first term, Cheung served as director of strategic response. “I am thrilled to have them join my White House as we, Make America Great Again!”The position of White House communications director is separate from the role as White House press secretary, though people have served both roles simultaneously in the past. Both he and another White House communications director, Stephanie Grisham, have since broken from their former boss. Prior to working on Trump’s first campaign, Cheung was a spokesman for the Ultimate Fighting Championship.
Persons: Donald Trump, Steven Cheung, Cheung, Trump, Sergio Gor, Gor, “ Steven Cheung, ” Trump, , Anthony Scaramucci, Trump’s, Stephanie Grisham, Dana White Organizations: Palm Beach , Florida CNN —, White House, CNN, America, White, UFC, Republican National Convention, Arlington National Cemetery, Army Locations: Palm Beach , Florida, Arlington
“We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting,” the so-called Department of Government Efficiency said in a post on X. Musk and Ramaswamy have called for sweeping changes such as mass layoffs and deep cuts to federal programs. On Wednesday, Musk called for cutting grant money to nonprofit groups. Thousands of people have been replying to the DOGE account on X, including with suggested spending cuts. The DOGE account said Thursday that it was grateful to people for expressing interest in helping and that now it needs full-time staff.
Persons: Elon Musk, Vivek Ramaswamy’s, , Vivek, Musk, Donald Trump, Ramaswamy, Tesla, ” Ramaswamy, Trump, , It’s Organizations: Government Efficiency, Elon, SpaceX, Trump, Republican Locations: America,
"OMG," a current senior Justice Department official said. Another Justice Department employee said, "I’m struggling to find words." "And look, he is uniquely qualified," that Justice Department official said, snarkily. A current senior Justice Department official "did not see this coming," while another called it "absolutely unbelievable." A former senior Justice Department official, meanwhile, said in a text message Gaetz's selection "cannot be real."
Persons: Donald Trump's, Matt Gaetz —, ” Gaetz, , Gaetz, I’m, Kevin Dietsch, Ray Epps, Brandon Straka, , Trump, Matt, ” Said Organizations: WASHINGTON, Justice Department, Trump, FBI, Department, Justice, U.S . Capitol, Republican National Committee, Democratic National Committee, Senate, Department of Justice Locations: Florida, United States, Pennsylvania
Matt Gaetz, President-elect Donald Trump’s pick to run the Justice Department, has previously been investigated over allegations of sex trafficking of a 17-year-old girl — a federal probe that ultimately did not yield criminal charges. Rep. Matt Gaetz, R-Fla., at the Republican National Convention in Milwaukee on July 16. Greenberg pleaded guilty in May 2021 to several crimes, including the sex trafficking of a 17-year-old girl. Stephen Alford, 62, of Fort Walton Beach, Florida, said he could help the Matt Gaetz secure a presidential pardon, authorities said. Matt Gaetz has said the allegations stemmed from the extortion plot.
Persons: Matt Gaetz, Donald Trump’s, Gaetz, , , Angela Weiss, , Joel Micah Greenberg, Gaetz’s, Greenberg, scoffed, Don Gaetz, Stephen Alford, Alford, Robert Levinson, Matt Gaetz’s, Biden, Joe Biden, ” “, ” Gaetz Organizations: Justice Department, Capitol, Justice, DOJ, Republican National Convention, Getty, NBC News, , Politico, Gaetz, FBI, Fort Walton Locations: Florida, Milwaukee, Bahamas, Seminole County , Florida, Fort, Fort Walton Beach , Florida, Iran
WASHINGTON — A triumphant President-elect Donald Trump huddled with House Republicans before their leadership elections Wednesday and threw his support behind Speaker Mike Johnson, a key ally, as the GOP prepares for unified control of government next year. Trump, the 45th and future 47th president, got multiple standing ovations from rank-and-file Republicans at the meeting. After the event with Republicans, Trump headed to the White House for a meeting with President Joe Biden. House Appropriations Committee Chairman Tom Cole, R-Okla., said Trump's meeting with Republicans was less about specific policy proposals and more of a "rah-rah address." Even before Trump's endorsement, Republicans were expected to nominate Johnson to continue as speaker in the 119th Congress.
Persons: WASHINGTON —, Donald Trump, Mike Johnson, Johnson, Trump, Elon Musk, Vivek Ramaswamy, Kamala Harris, Joe Biden, Tom Cole, Troy Nehls, Nehls, Andy Harris, , Kevin McCarthy, McCarthy, Scott DesJarlais, — Harris, Dusty Johnson, , Harris, We've, Steve Scalise, Tom Emmer, Sen, John Thune of, Mitch McConnell of, Elise Stefanik, Lisa McClain, Kat Cammack, Rand Paul, Rick Scott, Richard Hudson of, Blake Moore of, Kevin Hern, Gary Palmer of, Palmer, Hern, Erin Houchin, Mark Alford of, Mariannette Miller, Meeks, sidestep, Trump's,  Johnson Organizations: Republicans, GOP, Hyatt, Capitol, Trump, NBC, Tech, “ Department, Government, White, Rep, House Republicans, HFC, Caucus, Freedom Caucus, Main Street, Stefanik, Republican, United Nations, National Republican Congressional Committee, Oklahoma, Committee, Reps, Mar, Republican Party, Congress Locations: Washington, Mar, Florida, Texas, America, John Thune of South Dakota, Mitch McConnell of Kentucky, New York, U.S, Lisa McClain of Michigan, Sens, Ky, Richard Hudson of North Carolina, Blake Moore of Utah, Gary Palmer of Alabama, Indiana, Mark Alford of Missouri, Iowa
Trump is rolling out new nominees for his administration. Here are the GOP senators to watch in the next several months. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementStill, there will be a handful of senators to watch as the Senate begins holding confirmation hearings in January.
Persons: , Donald Trump, Trump, Biden, Sen, Marco Rubio, Pete Hegseth's, Matt Gaetz's Organizations: Trump, Senate, GOP, Service, Democratic, State, Defense Locations: Marco Rubio of Florida
Independent Presidential candidate Robert F. Kennedy Jr. gives a keynote speech during the Bitcoin 2024 conference at Music City Center July 26, 2024 in Nashville, Tennessee. President-elect Donald Trump said Thursday that he will nominate vaccine skeptic and conspiracy theorist Robert F. Kennedy Jr. as secretary of the Health and Human Services Department. Kennedy, 70, is the son of Robert F. Kennedy, the late U.S. attorney general and Democratic senator from New York who was assassinated in 1968 by a gunman in Los Angeles as he ran for president. "I am thrilled to announce Robert F. Kennedy Jr. as The United States Secretary of Health and Human Services," Trump wrote in a post on his Truth Social site Thursday. Stock prices of vaccine makers fell earlier Thursday on reports that Trump would tap Kennedy for the HHS post.
Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, John Kennedy, Trump, Matt Gaetz, Gaetz Organizations: Music City, Health, Human Services Department, Food and Drug Administration, National Institutes of Health, Centers for Disease Control, Democratic, United, Human Services, Public Health, HHS, NBC News, FDA, CDC, Republican, Department of Justice, Trump Locations: Nashville , Tennessee, U.S, New York, Los Angeles, combatting
Amazon representatives met with the House China committee in recent months to discuss lawmaker concerns over the company's partnership with TikTok, CNBC confirmed. A spokesperson for the House Select Committee on the Chinese Communist Party confirmed the meeting, which centered on a shopping deal between Amazon and TikTok announced in August. The agreement allows users of TikTok, owned by China's ByteDance, to link their account with Amazon and make purchases from the site without leaving TikTok. "The Select Committee conveyed to Amazon that it is dangerous and unwise for Amazon to partner with TikTok given the grave national security threat the app poses," the spokesperson said. Representatives from Amazon and TikTok didn't immediately respond to a request for comment.
Persons: TikTok, China's ByteDance, didn't, Joe Biden, Jan, Donald Trump, CNBC's, Trump, Jeff Yass, , Jonathan Vanian Organizations: Dublin City Centre, Amazon, House, TikTok, CNBC, Chinese Communist Party, Bloomberg, Republican, Susquehanna International Group, NBC Locations: Dublin, Ireland, House China, U.S, ByteDance, Yass
Republican presidential nominee and former U.S. President Donald Trump and Senator Marco Rubio (R-FL) react during a campaign event at Dorton Arena, in Raleigh, North Carolina, U.S. November 4, 2024. Jonathan Drake | ReutersPresident-elect Donald Trump's choice of Sen. Marco Rubio as his secretary of State, arguably the world's most important diplomat, could change the dial when it comes to the U.S.' relationship with both its enemies and its allies. You know, adversaries are uniting — in North Korea, Iran, China, Russia — [and] increasingly coordinating," Rubio said. US Senator Marco Rubio speaks during a campaign rally for former US President and Republican presidential candidate Donald Trump in Doral, Florida, on July 9, 2024. And I think that's what [former President] Donald Trump is trying to say," Rubio said.
Persons: Donald Trump, Marco Rubio, Jonathan Drake, Donald Trump's, Sen, Rubio, Trump, " Rubio, Marco, Trump's, Giorgio Viera, China Rubio, Wei Dongsheng, State Rubio, Mark Wilson, Masoud Pezeshkian, Hassan Nasrallah, Nasrallah, Angela Weiss, Donald Trump —, Ukraine It's, It's, Mike Segar Organizations: Dorton, Reuters, State, Senate Intelligence, Foreign Relations, Trump, White, Allies, CNN, Republican, AFP, Getty, U.S ., Science & Technology, Visual China, Rubio, China, Politico, White House, U.S, NBC, PPL Center, Afp, Russia, NBC News, Republican National Convention Locations: Raleigh , North Carolina, U.S, China, Iran, Ukraine, Russia, North Korea, Doral , Florida, Beijing, Communist China, JIUJIANG, CHINA, Jiujiang, Jiangxi Province, Washington, Israel, New York, Washington , DC, Gaza, Lebanon, Florida, Allentown , Pennsylvania, Tehran, Milwaukee , Wisconsin
The Boston-area university’s denial followed a reported claim by one of its professors that the political science department would no longer facilitate internships at Moulton’s office. “We have reached out to Congressman Moulton’s office to clarify that we have not — and will not — limit internship opportunities with his office,” the university said in a statement. Moulton’s office also shared a transcript of a voicemail that it said was left by Art, the contents of which were first reported by The Boston Globe. He did confirm to the Globe that he had called Moulton’s office about blocking student internships. The Harris campaign did not immediately reply to a request for comment.
Persons: Seth Moulton, Moulton’s, Moulton, Kamala Harris, , , I’m, ” David Art, “ I’m, Sydney Simon, ” Moulton, Harris, Tom Suozzi, ” Suozzi, “ Kamala, Trump, ” Harris, Sam Alleman Organizations: Tufts University, Center, New York Times, Democratic, , Times, Tufts, NBC News, Art, The Boston Globe, Globe, AdImpact, Facebook, Pew Research Center, NBC, MSNBC, NBCUniversal, Trump, Democratic National Convention, Republican National Convention Locations: interning, Boston, New York
WASHINGTON — Over the last two years, a narrow Republican House majority has fought bitterly over everything from electing a speaker, keeping the government functioning and even passing symbolic messaging bills. Now, Republicans have clinched at least 218 seats to win a House majority, NBC News projects, but it’ll be another small one. “The House has always been a chaotic place, will always be a chaotic place. And here in the Senate, obviously, we continue to have a number of tools to exercise.”There is precedent for a narrow House majority delivering major legislation. ‘Trump is so volatile’Rep. Steny Hoyer, D-Md., a former House majority leader, told NBC News that nobody knows what to expect from the new GOP trifecta.
Persons: it’ll, Donald Trump, Will, it’s, Tony Gonzales, Mitch McConnell, John Thune, Rob Bresnahan, ” Democratic Sen, Chris Van Hollen, Joe Biden’s, , , Dusty Johnson, Robert Garcia, ” Garcia, Rosa DeLauro, “ We’ll, midsession, Biden, Mike Johnson, Richard Hudson, ” Hudson, we’ve, Ken Calvert, ‘ Trump, Steny Hoyer, Trump, ” Hoyer, Mark Pocan, Michael Waltz, Elise Stefanik, they’re, they’ve, ” Pocan Organizations: WASHINGTON, Republican, Republicans, NBC News, , Democratic, GOP, Trump, White House, ” Democratic, Senate, 119th Locations: Washington, Texas, Ky, Pennsylvania, Maryland, Connecticut, Ukraine, Russia, North Carolina, R, Los Angeles
Former Vice President Mike Pence was, for most of their four years together, a loyal partner who helped smooth Trump’s dealings with establishment Republicans and evangelical conservatives. “It compresses things,” said Joel Goldstein, a vice presidential scholar and professor emeritus at Saint Louis University. At one point, polling showed him to be one of the least-liked vice presidential candidates over the last 30 years. And during his own presidency, Biden tasked Vice President Kamala Harris with the tough-to-define and tough-to-evaluate assignment of tackling the root causes of migration from Mexico and Central America. He also was the last sitting vice president to win the presidency.
Persons: JD Vance, — “, Vance, , Donald Trump, Trump, , Jordan Wiggins, “ He’s, Al Gore, Bill Clinton’s, Joe Biden, Barack Obama, Obama, Grover, Mike Pence, Pence, Trump —, Joel Goldstein, Tim Walz, JD, ” Wiggins, ” Vance, isn’t, “ JD, ” Vance hasn’t, Gore, George W, Bush, Dick Cheney, Biden, Kamala Harris, Harris, I’d, George H.W, George H.W . Bush, Ronald Reagan, Reagan Organizations: Republican Party, Trump, Jan, U.S . Capitol, Saint Louis University, Senate, Democratic, Minnesota Gov, NBC, Press, GOP, The New York Times, Central America, NBC News, Republican National Convention Locations: Ohio, Cincinnati, Grover Cleveland, Iowa, New Hampshire, Minnesota, Clinton, Mexico, Central, George H.W .
Former Rep. Tulsi Gabbard (R-HI) takes the stage during a Republican presidential nominee, former U.S. President Donald Trump campaign rally at Lancaster Airport on November 03, 2024 in Lititz, Pennsylvania. President-elect Donald Trump on Wednesday said that he will nominate Tulsi Gabbard, a former House Democrat who became a high-profile Trump supporter, to be director of national intelligence. "For over two decades, Tulsi has fought for our Country and Freedoms of all Americans," Trump said in a statement. In August, she endorsed Trump, began working as a co-chair for his transition team and helped him prepare for his debate against Vice President Kamala Harris. Before campaigning for president, Gabbard served in the House from 2013 to 2021 and was vice chairwoman of the Democratic National Committee from 2013 to 2016.
Persons: Tulsi Gabbard, Donald Trump, Tulsi, Trump, Gabbard, Kamala Harris, Joe Biden, George W, Bush, Bashar al, Assad, We've, Trump's Organizations: Republican, Lancaster Airport, Democrat, Trump, Freedoms, Intelligence, Democratic Party, Republican Party, Democratic, Democratic National Committee, Army Reserve, Democrats Locations: Lititz , Pennsylvania, East, Africa
"Investors should take advantage as munis are poised to deliver good performance into year-end and 2025, in our view," he added. Interest income from municipal bonds is free of federal income taxes. Further, if the investor resides in the same state that issues the bond, the interest income can be exempt from state taxes. Both of those tax cuts could reduce muni bond demand, Li said. As for any potential changes in the individual tax rate, UBS' Mukherjee doesn't necessarily see a big impact on demand.
Persons: Sudip Mukherjee, Mukherjee, Yingchen Li, Trump, Li, Donald Trump, Bank of America's Li, downgrades Organizations: Federal, UBS Global Wealth Management, Bank of America, muni, Republicans, Senate, Democrats, GOP, UBS, Investment, Bank of America's
I was in the White House before. The Bidens have similarly spent significant time at the family’s Delaware homes, though the White House has been both Joe and Jill Biden’s primary residence on weekdays for the past four years. I don’t feel that way,” Melania Trump told Fox News’ Ainsley Earhardt last month. The prospect of a first lady declining to live full time at the White House offers a remarkable break in precedent but should not be surprising to those who have long observed Melania Trump. In this May 2018 photo, Melania Trump arrives during a "Be Best" initiative event in the Rose Garden of the White House in Washington, DC.
Persons: Washington CNN — Melania Trump, she’ll, Jill Biden, Joe Biden, Donald Trump’s, Melania Trump, Trump, “ I’m, ” Trump, Donald Trump, Jill Biden’s, Barron, Barron Trump, ” Melania Trump, Ainsley Earhardt, … He’s, , Kate Bennett, Melania Trump’s, Biden, children’s, Al Drago, Bennett, , Stephanie Grisham, , Stephanie Winston Wolkoff, Winston Wolkoff, Laura Bush, Michelle Obama, Rosalynn Carter, “ wasn’t, Rebecca Wright, that’s, ” Bennett Organizations: Washington CNN, CNN, White, Fox News, Mar, New York University, Trump, White House, CNN White House, , Bloomberg, Getty, East Wing, SSRS, Palm, , Republican National Convention Locations: Washington, New York City, Palm Beach , Florida, Lago, Bedminster , New Jersey, Delaware, Florida, New York, Madison, West Palm Beach, Rose, Washington , DC, McAllen , Texas, Palm Beach and New York, Milwaukee
While oil stocks tend to follow the direction of crude prices, the energy sector has gained 3.6% since election day, slightly outpacing the S & P 500. Conflicting signals The crude futures market and the oil and gas stocks appear to be taking different messages from Trump's victory. Since the election, natural gas stocks have been big winners on the prospect of more pipeline permitting. The oilfield services companies are also major beneficiaries under a Trump administration, West said. Oil surplus headwind More ominously, an oil and gas production boom under Trump would lower crude oil prices and likely act as a headwind for the industry.
Persons: Donald Trump's, Brent, Andrew Dittmar, Trump, Dittmar, Biden, James West, EQT, Kinder Morgan, West, Baker Hughes, Halliburton, Lee Zeldin, Zeldin, Russia —, Morgan Stanley, Wells, Roger Read, Darren Woods, I'm, Woods, CNBC's Organizations: West Texas Intermediate, Enverus Energy Intelligence, Republican, White, American Petroleum Institute, Oil, Gas, ETF, Interior Department . Offshore drillers, Noble Corporation, Evercore ISI, Pipeline, Williams Companies, Cheniere Energy, Industries, Trump, SLB, New, New York GOP, Environmental Protection Agency, Fox News, Biden, EPA, " Companies, Investors, Department of Energy, CNBC, Exxon Mobil, Exxon, Chevron, White House, Capitol, ISI Locations: China, Gulf of Mexico, Tidewater, Transocean, Gulf, Trump, New York, U.S, Saudi Arabia, Russia, Wells Fargo
Republicans will keep control of the House of Representatives, NBC News projected Wednesday. Going into the election, House Republicans aimed to expand their razor-thin majority of 220 seats, compared to the 212 held by Democrats. That threadbare GOP majority gave Democrats high hopes to flip the chamber. Despite the massive fundraising effort, Democrats failed to gain the 218 seats needed for control of the House. In Pennsylvania's 8th Congressional District, Republican Rob Bresnahan unseated incumbent Democratic Rep. Matt Cartwright, and in the state's 7th District, Republican Ryan Mackenzie defeated incumbent Democratic Rep. Susan Wild, two particularly competitive races.
Persons: Mike Johnson, Donald Trump, Kamala Harris, Amy Walter, Republican Rob Bresnahan, Matt Cartwright, Republican Ryan Mackenzie, Susan Wild, Tom Barret, Elissa Slotkin, Trump, Barack Obama's Organizations: Republican National Convention, Republicans, Representatives, NBC News, Republican, GOP, Senate, Democrats, NBC, Congressional District, Democratic, Michigan Senate Locations: Milwaukee , Wisconsin, state's, Michigan
“Absolutely everyone is calling,” Collinson told CNBC. “Firms are prepared,” SUNY Buffalo finance professor Veljko Fotak, one of the authors of the 2021 study, told CNBC. “The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail. On Thursday, Steve Madden pledged to reduce its Chinese imports by 45% over the next year in anticipation of Trump’s tariff plans. There’s got to be some way to help companies like that,” Sorini of Sorini, Samet & Associates told CNBC.
Persons: Donald Trump, Nicole Bivens Collinson’s, Collinson, Sandler, Travis, Rosenberg, ” Collinson, Trump, ” David French, , ” Ron Sorini, ” Sorini, Veljko Fotak, ” Tiffany Smith, Karoline Leavitt, ” Leavitt, Steve Madden, There’s, Organizations: CNBC, Wall Street, National Retail Federation, Samet, Associates, Republican Party, White, SUNY Buffalo, National Foreign Trade Council, Trump Locations: China, America
Mike Huckabee as the U.S. ambassador to Israel, a high-profile diplomatic posting in a tumultuous region. On the campaign trail, Trump, a close ally of Israeli Prime Minister Benjamin Netanyahu, has vowed to put an end to the conflict. “I am pleased to announce that the Highly Respected former Governor of Arkansas, Mike Huckabee, has been nominated to be The United States Ambassador to Israel,” Trump said in a statement. He loves Israel, and the people of Israel, and likewise, the people of Israel love him. Huckabee's daughter, the current Arkansas governor and a former Trump administration official, Sarah Huckabee Sanders, was also a top surrogate for Trump.
Persons: Donald Trump, Mike Huckabee, Benjamin Netanyahu, Huckabee, Trump, , ” Trump, “ Mike, Israel, Mike, Sarah Huckabee Sanders Organizations: Arkansas Gov, Huckabee, Hamas, Qatar, Republican, Trump, United, Republican Jewish Coalition Locations: U.S, Israel, Jerusalem, Gaza, Lebanon, Pennsylvania, Arkansas, United States, Faith
In Trump’s second term, czars will reign
  + stars: | 2024-11-12 | by ( Kayla Tausche | ) edition.cnn.com   time to read: +5 min
CNN reported on Friday that Burgum was under consideration for a role as energy czar. “It’s sort of the conservative version of [the Biden administration’s senior climate advisor] John Podesta,” one of the sources said. Burgum had been in contention for a Cabinet-level position, like running the department of Interior or Energy, CNN previously reported. It also means those candidates – not burdened by a lengthy Senate confirmation process – can launch their work on day one. Alex Wong/Getty ImagesThe term “czar” has come to refer to a political appointee with a specific problem to solve.
Persons: , Doug Burgum, Donald Trump’s, Burgum, John Podesta, , ’ ”, Alex Wong, Barack Obama, Joe Biden, czars, Trump, Trump’s, Elise Stefanik, Stephen Miller, Tom Homan, Homan, , ” Trump, Robert F, Kennedy Jr, Kennedy, you’re Organizations: CNN, Trump, North, Biden, Interior, Energy, North Dakota Gov, Republican National Convention, State, Treasury, Republican, United Nations, White, Customs, Department of Homeland Security, Former ICE, Border Control, Trump Administration, Aviation Security, Truth, Locations: North Dakota, Milwaukee , Wisconsin, Guantanamo, Trump
Miller was a powerful White House aide in Trump’s first term, authoring much of his most fiery scripted rhetoric as a speechwriter. Yet despite these draconian visions, there’s uncertainty about how far Trump will go in his deportation program and whether it matches his dystopian speeches. Many Democrats and Republicans could agree on Trump’s vow to start by deporting criminal undocumented migrants — the easiest part of his plan. Trump’s critics and vulnerable undocumented migrants, however, will find little in the president-elect’s new staff picks to offer them comfort. In every incoming presidential administration, staffing is important and provides ideological clues to how a White House will act.
Persons: Donald Trump, he’s, Elon Musk, Stephen Miller, he’d, Tom Homan, Trump, Marco Rubio, CNN’s Kaitlan Collins, Rubio, Donald J, ” Rubio’s, Elise Stefanik, Mike Waltz, ” Rubio, Lee Zeldin, Zeldin, , don’t, James Comey, Susie Wiles, Homan, Miller, George W, Waltz, Donald Rumsfeld, Robert Gates . Homan, Alyssa Farah Griffin, ” Griffin, CNN’s Erin Burnett, Trump’s, there’s, , , ” Miller, Trump . Chad Wolf, ” Wolf, CNN’s Jake Tapper, Biden, Vladimir Putin, Volodymyr Zelensky’s Organizations: CNN, it’s, White, Fox News, Democratic, Republican, Republican National Convention, The New York Times, GOP, United Nations, New York, Florida, New York Rep, Environmental Protection Agency, FBI, Senate Foreign Relations, Intelligence, Harvard, Bush, Wing, Customs, Army, Trump White House, CBS, Trump, Conservative Political, Conference, Trump ., Hamas, Democratic Party, Biden Locations: Washington, Lago, Trump’s, Madison, Florida, America, China, Zeldin, Afghanistan, East, Africa, Ukraine, Gaza, Israel, Europe
The power grab over rare-earth minerals in Central Asia could be among the issues he will seek to exploit. AdvertisementA power struggle over rare-earth mineralsAt stake for the US in Central Asia is not just political power but access to the region's reserves of rare-earth minerals such as uranium, lithium, and tantalum. Rare-earth minerals are needed to make all sorts of products, from F-35 stealth fighters and smartphones to internet fiber-optic cables and MRI machines. It produces around 60% of the world's rare-earth minerals and processes nearly 90%, according to the Center for Strategic and International Studies. "There are rare-earth minerals worth exploring/exploiting, and if the US/EU could strike a major deal with [Kazakhstan's capital] Astana, this would certainly contribute to breaking China's monopoly," said Wolff.
Persons: Donald Trump, , Vladimir Putin, Xi Jinping, Xi, Putin, he'd, Wilder Alejandro Sánchez, ALEXANDER RYUMIN, Emmanuel Macron, Olaf Scholz, John Herbst, Stefan Wolff, Wolff, Herbst, Trump Organizations: Service, Putin, The Republican, Biden, Getty Images, Center for Strategic, International Studies, University of Birmingham, BI, Trump, EU, Astana, Central Asia Summit, Getty Images Central, Central, China Locations: Russia, China, Central Asia, Mongolia, Saudi, Getty Images China, Kazakhstan, Uzbekistan, Xian, Shaanxi, FLORENCE, Ukraine, Soviet Union, Washington, Moscow, Beijing
AdvertisementUS stocks have been on a tear since Trump's win. "Let me tell you something: If Trump enacted 50% of what he's saying, you'll have a stock market crash, the likes that you haven't seen since the 1920s," Scaramucci said. You'll crush the economy; you'll crush our tax revenues; you'll flip upside down the job market," Scaramucci said. "They will not be ready for that, and so the stock market will have gotten wrong the current movement." "My guess is that the stock market aficionados, the stock market experts, are probably right," Scaramucci said.
Persons: SkyBridge Capital's Anthony Scaramucci, Trump, there's, Scaramucci, , Anthony Scaramucci, it's, Bitcoin, Donald Trump's, didn't, David Bahnsen, he's, — Elon Musk, Elon, Tom Orlik, David Kelly, ​ ​, Susie Wiles Organizations: Service, House, SkyBridge, Business, Nasdaq, Russell, Trump, Bloomberg Economics, JPMorgan Asset Management, Republican
10'000 Hours | Digitalvision | Getty ImagesCurrent borrowers should remain entitled to reliefWhile the program remains in effect, borrowers are entitled to the relief, said Betsy Mayotte, president of The Institute of Student Loan Advisors, a nonprofit. "PSLF is written into federal law, by a Republican president, and it would take an act of Congress to eliminate it." That means current borrowers would still be able to work toward loan forgiveness under the program. "So, worst-case scenario, it would be for loans made on or after the date of such a law enactment," Mayotte said. "Most likely the change would apply only to new borrowers," Kantrowitz said.
Persons: Betsy Mayotte, Mark Kantrowitz, Kantrowitz, Trump Organizations: Getty, The, Student Loan Advisors, Republican, Republicans, Senate, GOP, Finance, CNBC Locations: Mayotte
Representative Michael Waltz (R-FL) speaks on Day 3 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 17, 2024. President-Elect Donald Trump has picked Rep. Mike Waltz, R-Fla., to serve as his national security adviser, according to four sources familiar with the decision. The role of White House national security adviser does not require Senate confirmation. Waltz joins New York Rep. Elise Stefanik as the second House Republican to be tapped by Trump for a post in his new administration. Trump selected Stefanik to serve as U.S. ambassador to the United Nations.
Persons: Michael Waltz, Donald Trump, Mike Waltz, Waltz, Vladimir Putin, Elise Stefanik, Trump Organizations: Republican National Convention, Green Beret, Armed Services, Foreign Affairs, Intelligence, Street Journal, NSA, China Task Force, Republicans, NPR, U.S ., White House, New York, Republican, Trump, United Nations Locations: Milwaukee , Wisconsin, U.S, Afghanistan, East, Africa, China, He's, Ukraine, Russia
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