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☆ Student-loan borrowers can expect 2 of Biden's key debt relief efforts to face roadblocks under Trump
▼ + stars: | 2024-11-11 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

President-elect Donald Trump is unlikely to continue Biden's student-debt relief efforts. Two of Biden's debt relief plans remain blocked in court, keeping borrowers in limbo. "He's throwing money out the window," Trump previously said of Biden's debt relief efforts, also calling broad relief "vile" and illegal. If they secure the majority in both the House and Senate, legislation to rescind Biden's debt relief efforts has a chance of being signed into law. For now, millions of borrowers remain on forbearance as they wait for the courts to decide what will come of Biden's broader debt relief efforts, leaving their timeline for repayment in limbo.

Persons: Donald Trump, Trump, —, Joe, Biden, hasn't, Karoline Leavitt, Vance, Mike Pierce, Pierce Organizations: Service, GOP, Education Department, Public, Business, Trump, Protection, Republican, Senate

☆ New Zealand’s leaders formally apologize to survivors of abuse in state and church care
▼ + stars: | 2024-11-11 | by ( Story The Associated Press | ) edition.cnn.com time to read: +2 min

And it should never have happened,” Luxon said, as he spoke to lawmakers and a public gallery packed with survivors of the abuse. An estimated 200,000 people in state, foster and faith-based care suffered “unimaginable” abuse over a period of seven decades, a blistering report released in July said at the end of the largest inquiry ever undertaken in New Zealand. “For many of you it changed the course of your life, and for that, the government must take responsibility,” Luxon said. “Words do matter and I say these words with sincerity: I have read your stories, and I believe you,” he added. Of 650,000 children and vulnerable adults in state, foster, and church care between 1950 and 2019 — in a country that today has a population of 5 million — nearly a third endured physical, sexual, verbal or psychological abuse.

Persons: Christopher Luxon, ” Luxon Organizations: New Zealand AP, Zealand’s Locations: Wellington, New Zealand

☆ President Trump made many tax cut promises. Even with GOP sweep, they won't be easy for Congress to keep
▼ + stars: | 2024-11-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +15 min

"Look at which tax cuts were getting the most focus on the campaign trail. A traditional GOP tax policy might be thought of as favoring business tax cuts. "The top priority is extending the Trump tax cuts and the signature part of his program. Notably, House Speaker Mike Johnson has voiced support for the traditional view of funding tax cuts through economic growth. Individual tax cuts versus Social Security, business tax breaksHistory shows that when it comes to the battle between individual and business tax cuts, contrary to popular perception, individual tax issues are always politically dominant issue.

Persons: Donald Trump, Mnuchin, Stamper, Dustin Stamper, Grant Thornton, Rohit Kumar, Mitch McConnell, Trump, Kumar, Mike Crapo, Mike Johnson, It's, PwC, Biden, John Paulson, Paulson, Elect Trump, Joe Manchin, Kamala Harris, Elon Musk Organizations: Van Andel, Trump, GOP, Representatives, Idaho Republican, Senate, Capitol, Social Security, Child Tax, Corporations, New York Times, Republican, Social, Tax, Republicans, Democrats, West, CBO, IRS, Defense, Federal Reserve, Washington , D.C Locations: Grand Rapids , Michigan, U.S, Idaho, West Virginia, Washington ,

☆ Trump's tariffs will make it hard for automakers — including Tesla — to set up shop in Mexico
▼ + stars: | 2024-11-11 | by ( Tom Carter | ) www.businessinsider.com time to read: +7 min

Analysts said tariffs on cars imported from Mexico would have dire consequences for US automakers. Tesla announced in March 2023 that it was planning to build its seventh gigafactory near the industrial hub of Monterrey, Mexico. Trump vowed to clamp down on automakers building cars in Mexico on the campaign trail, and the prospect of new tariffs could force US automakers such as Tesla to make some hard choices about operational or planned factories in Mexico. Analysts told BI that the tariffs floated by Trump would deter automakers such as Tesla from investing in Mexico. Other automakers have expanded their presence in Mexico, despite the uncertainty of the election and the prospect of tariffs under a second Trump term.

Persons: Donald Trump, Elon Musk, —, Tesla, Trump, It's, Donald Trump's, Alex Brandon, Musk, Sam Fiorani, Fiorani, Ford, David Whiston, Scott Olson, BYD, Stephanie Brinley, Alanis King, Brinley, Stellantis Organizations: Service, Mexico —, AP, UBS, Trump, AutoForecast Solutions, General Motors, Ford, Getty, Toyota, Tacoma, Nissan, Volkswagen, BYD, Chrysler, Street Journal, BMW, P Global, Toyota Tacoma, GM Locations: Mexico, Monterrey, Detroit, United States, Cuautitlan, Toluca, San Luis Potosí

For some who’ve run afoul of Trump, the election results have sparked fresh worries that he may enter office looking for retribution. During the campaign, Trump has made different statements about whether he might target people who’ve upset him. Rep. Jim Jordan, a staunch Trump ally in Congress, said he doesn’t expect any of the prosecutors to face reprisals over Trump investigations. One former Trump White House official who has publicly spoken against Trump described feeling “scared” and declined to let their name be used. Now Fanone says he is hunkering down in his Virginia mountain-area home for fear that Trump could weaponize the police.

Persons: WASHINGTON, Olivia Troye, Trump, “ I’m, I’ll, ” Troye, “, He’s, he’s, he’ll, Joe Biden, Biden, ”, haven’t, Nancy Pelosi, Adam Schiff, Jack Smith, Smith, Jim Jordan, ” Jordan, Richard Nixon, ” Nixon, Mark Zaid, ” Zaid, Michael Cohen, Cohen, Alvin Hellerstein, who’ve, yank, JD Vance, Joe Biden’s, Hunter, Vance, podcaster Joe Rogan, ” Larry Pfeiffer, won’t, aren’t, ” Trump, Schiff, Pelosi, Dan Goldman, Trump’s, ” It’s, it’s, Michael Fanone, Fanone, “ I’ll, Hunter Biden, what’s, “ We’re, they’re, John Bolton, Bolton, Ronald Reagan’s, I’m, Susie Wiles, Pat Summerall, Jared Moskowitz, Aquilino, ” Gonell, Kamala Harris, Gonell Organizations: Trump, Democratic, White, Fox News, Sunday, CNN, Washington, CIA, Los Angeles Times, New York Democrat, Joe Biden weaponized, Department of Justice, Justice, Trump White House, D.C, Washington Post, Justice Department, NFL, ”, U.S . Capitol, Capitol Locations: United States, America, California, Manhattan, U.S, Virginia

☆ Inside Mar-a-Lago, the chaotic Trump epicenter: patio pitches, transition meetings and rogue guests
▼ + stars: | 2024-11-10 | by ( Kristen Holmes | ) edition.cnn.com time to read: +4 min

And some Mar-a-Lago members have been offered money by those seeking to be taken to the club as a guest and rub elbows with Trump, three sources familiar with the situation told CNN. There are no restrictions on who members can bring as guests, and outsiders are trying to take advantage of that while it still holds. Advisers insist that Trump’s transition is much more orderly this time around, and by all accounts, the transition itself has steered clear of the chaos. Trump advisers have held formal meetings with the transition team and the president-elect during the day at the resort, presenting him with plans for policy and personnel. Mar-a-Lago, the stone-walled oceanfront estate that Trump labeled the “Winter White House,” has long been a source of headaches for national security and intelligence professionals.

Persons: CNN —, Donald Trump’s, Trump, “, ”, Susie Wiles, —, Melania Trump, Elon Musk, Robert F, Kennedy Jr, glitzy, CNN’s Kevin Liptak, Casey Tolan, Isabelle Chapman, Nelli Black Organizations: CNN, Mar, Trump, Service, Tech, Republican Locations: Palm Beach , Florida, Palm Beach, Lago

☆ Trump ‘most likely’ needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests
▼ + stars: | 2024-11-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Sen. Rick Scott, R-Fla. — one of three lawmakers vying to succeed Sen. Mitch McConnell, R-KY, as Senate majority leader — suggested Sunday that Trump would probably need Congress' help. "The tariffs, that most likely is going to require 60 [votes in the Senate] unless there's some way we can get that done through reciliation with 51 [votes]," Scott said on Fox News "Sunday Morning Futures." It avoids a filibuster, which requires 60 votes to overcome. Trump has vowed across-the-board tariffs of 10% to 20% on all imports arriving into the United States and at least a 60% tariff on Chinese imports. Economic experts dispute whether Trump's tariff plan, especially the tax on global imports, can be done via executive action.

Persons: Donald Trump, Sen, Rick Scott, Mitch McConnell, —, Trump, Scott, He's, Alan Wolff, Jason Furman, Obama Organizations: Fox News, Representatives, Deere & Co, World Trade Organization, Trump, Harvard University, of Economic Advisers, CNBC Locations: United States, Mexico, U.S

☆ In Brazil, the US election is inspiring hard-right ‘Trump of the tropics’ supporters to ‘complete our mission’
▼ + stars: | 2024-11-10 | by ( Julia Vargas Jones | ) edition.cnn.com time to read: +8 min

CNN —Since President-elect Donald Trump’s political comeback on Tuesday, Brazil’s former President Jair Bolsonaro and his supporters have celebrated his victory as their own. In many ways, nowhere has Trump’s political strategy been more rigorously mirrored than in Brazil. At the Trump watch party in Mar-a-Lago on election night, Donald Trump Jr. posed for a photo with his Brazilian counterpart, former first son and congressman Eduardo Bolsonaro. Eduardo Bolsonaro, member of the Brazil Chamber of Deputies, speaks during the Conservative Political Action Conference at the National Harbor, in Oxon Hill, Maryland, on Feb. 24, 2024. Eduardo spearheaded the creation of CPAC Brasil, a Brazilian adaptation of the US Conservative Political Action Conference.

Persons: Donald Trump’s, Brazil’s, Jair Bolsonaro, Bolsonaro, Trump, Trump’s, “ Trump, Donald Trump Jr, Eduardo Bolsonaro, Eduardo, Steve Bannon, Matt Schlapp, Bannon, ” Bannon, “, Marjorie Taylor Greene, George Santos, Nikolas Ferreira, Jose Luis Magana, María Elvira Salazar, Jason Miller, Luiz Inacio Lula da Silva, Evaristo Sa, ”, Ferreira, it’s, Trump “ Organizations: CNN, Trump, CNN Brasil, American Conservative Union, United Nations, Organization of American, Conservative Political, Brazil’s, Elon, US Conservative Political, Conservative - Liberal Institute, Congress, Getty Locations: Brazil, Mar, Lago, United States, ”, Organization of American States, Oxon Hill , Maryland, Florida, Brasil, Brasilia, AFP, Washington

☆ Qatar threatens Hamas with expulsion, officials say
▼ + stars: | 2024-11-09 | by ( Keir Simmons | Gabe Gutierrez | ) www.nbcnews.com time to read: +7 min

As a consequence, the Hamas political office no longer serves its purpose." Qatar agreed and told Hamas’ political leaders about the decision about 10 days ago, the U.S. official said. A Hamas official contacted for comment did not respond. “Its recent behavior dealing with Hamas is telling.”Israeli Prime Minister Benjamin Netanyahu and other Israeli officials have also criticized Qatar for not forcing Hamas into an agreement. Hamas’ leadership is divided between a military wing, based in Gaza, and the political bureau, whose top officials have been based in Qatar.

Persons: ”, Biden, Israel, Yahya Sinwar, “, Mohammed bin Abdulrahman, Thani, Karim Jaafar, Trump, Hersh Goldberg, Khaled Meshal, —, ’, Abdel Kareem Hana, Sen, Rick Scott, Qatar’s, ” Scott, Benjamin Netanyahu, NATO Ally, Ismail Haniyeh, Masoud Pezeshkian Organizations: NBC, Hamas, Qatar, U.S, Qatari, Qatar's, Getty, U.S ., NBC News, Biden Administration, NATO, Foreign Relations, President Locations: Israel, U.S, Qatar, Gaza, Egypt, Thani, AFP, Doha, Cairo, Deir al, Turkey, United States, Washington, New York, Tehran, Iran, Lebanon

“We’re going to be asking everyone who sells drugs, gets caught, to receive the death penalty for their heinous acts,” he added. President Joe Biden had campaigned on passing legislation to eliminate the death penalty at the federal level, but pulled back on that in office. Biden’s aides say he supports death row inmates serving life sentences without probation or parole. Meanwhile, the Justice Department under Biden and Garland has not sought the death penalty in federal cases that could have warranted it, and has even withdrawn death penalty sentences in about two dozen cases that it had inherited. There are currently 40 inmates, all men, on federal death row, according to the nonpartisan Death Penalty Information Center.

Persons: Donald Trump, ” Trump, “ We’re, ”, Trump, Yasmin Cader, Grover Cleveland, William Barr, “, Joe Biden, General Merrick Garland, Biden’s, Garland, Lee Kovarsky, Biden, Kovarsky, “ they’re, can’t, Ruth Friedman, ” Friedman, Friedman, Robert Roberson, Robert Dunham, ” Dunham, Dunham Organizations: Center for Justice, Equality, U.S, Department, Biden, Boston Marathon, University of Texas School of Law, Punishment, Trump, Trump’s, Federal, Habeas, Republican, Democratic, National Registry, ACLU Locations: Alabama, South Carolina, Pittsburgh, Texas

☆ Rep. Jared Moskowitz says police alerted him about a 'potential threat' on his life
▼ + stars: | 2024-11-09 | by ( Zoë Richards | Zoë Richards Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Rep. Jared Moskowitz of Florida said Friday that police notified him this week about an arrest in connection with a “potential threat on my life” in his district, which covers parts of Broward and Palm Beach counties. Moskowitz, a Democrat, said in the Friday statement that the Margate Police Department notified him about an alleged “potential plot” on his life on Monday, a day before Tuesday’s general election. “I am deeply worried about congressional member security and the significant lack thereof when we are in the district,” Moskowitz said. “Political violence has no place in our country,” Gimenez said in a statement. In another instance of threatened political violence, President-elect Donald Trump also faced a pair of assassination attempts in July and September.

Persons: Jared Moskowitz, Florida, Moskowitz, Tuesday’s, “, ” Moskowitz, John Lapinski, Maj, Alain Banatte, Lapinski, ”, Carlos Gimenez, ” Gimenez, Democratic Sen, Jacky Rosen of, Donald Trump Organizations: Margate Police, Margate, NBC, Alcohol, Tobacco, Firearms, Explosives, U.S . Capitol Police, U.S, Attorney’s, Southern District of, FBI, Florida Republican, Democratic, Jacky Rosen of Nevada Locations: Broward, Palm Beach, Margate, Israel, Southern District of Florida, Florida, Nevada

☆ Australia wants to ban kids under 16 from social media as world governments seek to crack down on the 'addictive' apps
▼ + stars: | 2024-11-09 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +5 min

Australia plans to ban social media for users under 16, Prime Minister Anthony Albanese said. AdvertisementWith young people using social media more than ever, and those social media companies perfecting the algorithms that keep them engaged, concerns about social media addiction are taking root all over the world. Now, Australia wants to ban social media for everyone under 16. Australia's social media ban will be introduced into Parliament during its final session this year, which begins on November 18. If passed, social media companies will have 12 months to figure out how to keep minors off their apps before the law is enforced, he said.

Persons: Anthony Albanese, —, " Albanese, Albanese, Jackie Hallan, Hallan, they're, Antigone Davis, Davis Organizations: Service, Australian, TikTok, Guardian, Reuters, Associated Press Locations: Australia, United States, Kentucky

☆ Democratic governors and AGs prepare for battle with Trump administration
▼ + stars: | 2024-11-09 | by ( Eric Bradner | ) edition.cnn.com time to read: +8 min

Newsom is far from the only Democratic governor preparing to take on Trump. In blue states like Illinois, Massachusetts and New York, officials are already vowing to mount legal and policy fights against the incoming Trump administration on issues like abortion rights, environmental regulations, gun control, immigration enforcement and more. But the second Trump era will offer Democratic officials opportunities to showcase their own leadership as they position themselves for potential future runs. A less combative toneSome Democratic governors, including those widely seen as potential 2028 presidential contenders, did not immediately take aim at Trump’s incoming administration. “Finally, let’s root for the success of the new administration and keep working together to get things done.”Pennsylvania Gov.

Persons: Donald Trump, Trump, Gavin Newsom, —, ” Newsom, Newsom —, ”, Newsom, Kamala Harris, Harris ’, Joe Biden’s, J.B . Pritzker, “, ” Pritzker, Kathy Hochul, Letitia James, Maura Healey, Wes Moore, ” Moore, Gretchen Whitmer, Harris, Josh Shapiro, –, Tim Walz, JD Vance, he’s, ” Walz, Andy Beshear, Beshear, we’re, Trump —, ” Beshear, ” Josh Stein, don’t Organizations: CNN, Democratic, California Gov, Republicans, Trump, Democratic Party, Illinois Gov, New York Gov, MSNBC, Maryland Gov, ” Michigan, Minnesota Gov, Arizona voters, ”, Democrats Locations: California, Illinois , Massachusetts, New York, Illinois, Washington, Massachusetts, Pennsylvania, Minnesota, “ Minnesota, Arizona, ” Kentucky, North Carolina

☆ Democrats learned the wrong lessons from the last midterms: From the Politics Desk
▼ + stars: | 2024-11-08 | by ( The Politics Desk | ) www.nbcnews.com time to read: +12 min

In today’s edition, chief political analyst Chuck Todd explains why the results of the 2022 midterm elections were a mirage for the Democrats . Democrats did well in the 2022 midterms despite Biden, not because of him or his pro-democracy messaging. But Democrats managed to hold onto Senate seats in two states Trump carried, Michigan and Wisconsin. In the House, Republicans had a 212-201 lead, with 22 races yet to be called as of Friday afternoon. Read more →Trump won Nevada, NBC News projects — the first time a Republican presidential candidate has done so since 2004.

Persons: Chuck Todd, Kristen Welker, Donald Trump, Adam Edelman, Bill Clinton, Barack Obama, Joe Biden, Kamala Harris, Clinton, Obama, Biden, ’ “, Court’s Dobbs, Dobbs, Trump, Chuck →, “, …, It’s, ” Trump, ”, I’m, ‘, We’re, Donald Trump’s, Gavin Newsom, JB Pritzker, Illinoisans, Kathy Hochul, Read, abi Organizations: NBC, White House, Capitol, Democratic, GOP, Democrats, Trump, Black, Asian, Senate, Republicans, NBC News, Nevada Senate, House, Gov, ”, New York Gov, Initiative Locations: Pennsylvania, Georgia, Arizona , Nevada , Michigan, Wisconsin, West Virginia , Montana and Ohio, Michigan, Arizona , Pennsylvania, Nevada, South America, In California, California, ” Illinois

In President-elect Trump, these ascendant insurgents across the pond see a key ally, someone who shares their mix of authoritarianism, populism and extreme hostility to immigration. “We have big plans for the future!” posted Hungary’s Prime Minister Vikor Orbán, an influential Trump friend and ally, calling it “a much needed victory for the World!”Orban visited Trump at his Mar-a-Lago resort in Florida earlier this year. Hungarian Prime Minister Viktor Orban at an EU Summit in Budapest on Friday. The AfD is an anti-immigration, anti-Muslim political party that is being monitored by the country’s domestic intelligence agency for suspected extremism — something it denies. Argentina’s far right, libertarian president, Javier Milei, told Trump he could “count on Argentina to carry out your task.” And Israel’s ultranationalist National Security Minister Itamar Ben-Gvir reacted with a “Yesssss.”

Persons: Donald Trump’s, ”, Vikor Orbán, Trump, ” Orban, András, “, László, aren’t, Viktor Orban, Petr David Josek, Geert Wilders, Giorgia Meloni, Alice Weidel, Stefan Keuter, Christoph Reichwein, Siegbert Droese, ” Stefan Keuter, Vladimir Putin, Putin, Keuter, “ Trump, Javier Milei, Itamar Ben, Gvir Organizations: Trump, Hungary’s, Fidesz, NBC, EU, Washington, WIN, Getty, NBC News, Young Republicans, Nazi, National Locations: Lago, Florida, Budapest, Netherlands, Italy, Washington, Rome, Germany, Essen , Germany, Ukraine, Europe, Argentina

☆ South Korea’s president denies wrongdoing in growing scandal around him and his wife
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +6 min

SEOUL, South Korea — South Korean President Yoon Suk Yeol denied wrongdoing on Thursday in a burgeoning influence-peddling scandal involving him and his wife that is severely hurting his approval ratings and providing political munition to his rivals. The political firestorm coincides with South Korea facing a slew of critical foreign policy issues, such as Donald Trump’s election win to become the next president of the United States and North Korea’s reported entry into the Russia-Ukraine war. The opposition party alleges that the conversation proves Yoon provided Myung with political favors in return for free surveys. Lee, a firebrand lawmaker who narrowly lost to Yoon in the 2022 presidential election, is undergoing four separate trials over corruption and various other allegations. Yoon noted that North Korea’s arsenal has significantly advanced since Trump’s diplomacy with Kim collapsed in 2019.

Persons: Yoon Suk, Donald Trump’s, Yoon, Kim Keon Hee, Myung Tae, Myung, “, ” Yoon, ”, Kim Young, Lee Jae, Lee, Yoon —, Shigeru Ishiba, Trump, Kim Jong, Kim, ” “, Biden Organizations: South, People Power Party, Democratic Party, firebrand, Trump, North Locations: SEOUL, South Korea, United States, North, Russia, Ukraine, Washington, Tokyo, Seoul

☆ Former CIA officials worry Trump could politicize and weaponize intelligence agencies
▼ + stars: | 2024-11-08 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +11 min

Yet Durham found that no senior FBI or CIA officials had committed crimes. Former intelligence officials disagree on whether Trump would seek to use the spy agencies against domestic political opponents, and if he did, how the intelligence workforce and courts would respond. Presidents face few legal constraints when it comes to their authority over the intelligence agencies, legal experts and former senior officials said. Supporters of Trump say dire warnings about the future of the intelligence agencies under a new Trump administration are hysterical and overblown, and that his record at the White House shows that he strengthened the spy agencies. “And the other is the risk that the intelligence agencies will be directed to do things that are either unlawful or inappropriate.”

Persons: Donald Trump, Kash Patel, MAGA, Gina Haspel, Patel, Trump, Marc Short, Mike Pence, Mike Pompeo, Dan Coats, ”, José Luis Villegas, ” Trump’s, Joe Biden, Brian Hughes, Justice Department —, Vladimir Putin, “, ” Trump, Putin, Devin Nunes, John Ratcliffe, Robert O’Brien, Sen, Marco Rubio, Robert Mueller's, Hillary Clinton, Bill Barr, John Durham, Durham, Steve Bannon, ” Bannon, Nixon, Chip Somodevilla, Trump’s, Glenn Gerstell, ” “, Robert Litt, ” Litt Organizations: Lawmakers, CIA, Justice Department, White House National Security Council, NBC News, “, Texas, FBI, Trump, DOJ, Democratic National Committee, Trump White House, Washington , D.C, National Security Agency, White House, National Intelligence, NBC Locations: Minden, Nev, Russian, Moscow, Helsinki, Devin Nunes of California, Russia, Vietnam, Washington ,, ”, Virginia

Trump is also wary of special elections to replace sitting lawmakers, especially in the Senate. has conveyed that he is not interested in entering the Trump administration, according to three sources familiar with the decision. Sessions, an adviser to Trump in 2016, was one of his earliest supporters when Trump elevated him from the Senate to run his Justice Department. The special election to replace him also turned into a centerpiece of Democratic organizing against Trump. Though the GOP won the special election narrowly, Republicans lost Price's congressional seat in the midterms and then watched Georgia turn blue in 2020.

Persons: Donald Trump, Trump, Steven Mnuchin, Ben Carson, Jeff Sessions, recusing, Tom Price, Ryan Zinke of, Roy Moore, Moore, Sen, Eric Schmitt, Marco Rubio, Tom Cotton, Mike Waltz, Mike Pompeo, Trump’s, Cotton, Bill Clark, Donald Trump Jr, ”, Rubio, “, I’m, ” Rubio, Pompeo, Sessions, Price, Zinke, Rick Scott's Organizations: White, Treasury Department, of Housing, Urban, Republican, Trump, CIA, Getty, Trump Jr, coy, NBC’s, Senate, Congress, Justice Department, GOP, Republicans, Interior Department Locations: Alabama, Ryan Zinke of Montana, United States, Georgia

AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.

Persons: —, Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon

☆ ‘Death by a thousand cuts’: How experts warn Trump could use an authoritarian playbook to go after the media
▼ + stars: | 2024-11-08 | by ( Hadas Gold | ) edition.cnn.com time to read: +8 min

Trump has praised the leaders of many of these nations, especially Hungary’s far-right prime minister Viktor Orbán. Those angles include attacking journalists, discrediting their reporting, applying pressure on media owners to induce self-censorship, launching legal challenges, and leveraging wealthy allies to buy up media outlets to turn them into government mouthpieces. Those outlets were then centralized into the powerful media conglomerate, the Central European Press and Media Foundation (KESMA). That hub now controls roughly 500 outlets, Wójcik said, “consolidating the majority of pro-government media under a single entity.”The few remaining independent media outlets that continue to operate in the country “face challenges, including legal obstacles and broadcast license denials,” Wójcik said. Kamenchuk also expressed optimism that the “levers and limits” on the executive branch enshrined in US law will work to protect the free press.

Persons: Donald Trump, Trump, Sharon Moshavi, “ It’s, ’, Viktor Orbán, “, Moshavi, ” Moshavi, Olga Kamenchuk, Kamala Harris, Harris, ” Kamenchuk, ” Anne Applebaum, ” Applebaum, who’s, Orbán’s, Anna Wójcik, Orbán, Wójcik, ” Wójcik, Mikhail Zygar, Der Spiegel, Vladimir Putin, ” “ Putin, ”, Putin, A.G . Sulzberger, ” Sulzberger, Applebaum, it’s, Kamenchuk Organizations: New, New York CNN, International Center for Journalists, Northwestern University, The Washington Post, Los Angeles Times, Kozminski University, “, Central European Press and Media Foundation, “ Journalists, CBS, New York Times Locations: New York, Europe, United States, Russia, Hungary, India, Poland, Washington, authoritarians, Russian

☆ ChatGPT rejected more than 250,000 image generations of presidential candidates prior to Election Day
▼ + stars: | 2024-11-08 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. OpenAI estimates that ChatGPT rejected more than 250,000 requests to generate images of the 2024 U.S. presidential candidates in the lead up to Election Day, the company said in a blog on Friday. The rejections included image-generation requests involving President-elect Donald Trump, Vice President Kamala Harris, President Joe Biden, Minnesota Gov. The number of deepfakes has increased 900% year over year, according to data from Clarity, a machine learning firm. Lawmakers have been particularly concerned about misinformation in the age of generative AI, which took off in late 2022 with the launch of ChatGPT.

Persons: Sam Altman, ChatGPT, Donald Trump, Kamala Harris, Joe Biden, Tim Walz, JD Vance, OpenAI, Alexandra Reeve Givens, Trump Organizations: Minnesota Gov, Lawmakers, Center for Democracy & Technology, CNBC Locations: Minnesota

☆ Australia proposes ‘world-leading’ ban on social media for those under 16
▼ + stars: | 2024-11-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

“Social media is doing harm to our kids, and I’m calling time on it,” Albanese said at a news conference. A number of countries have already vowed to curb social media use by children through legislation, though Australia’s policy is one of the most stringent. No jurisdiction so far has tried using age-verification methods such as biometrics or government identification to enforce a social media age cut-off, two of the methods being trialed. Mick Tsickas / AP“The onus will be on social media platforms to demonstrate they are taking reasonable steps to prevent access,” Albanese said. Last year, France proposed a ban on social media for those under 15, though users were able to avoid the ban with parental consent.

Persons: Anthony Albanese, ” Albanese, Albanese, ”, Mick Tsickas, Michelle Rowland, Rowland, TikTok, Elon Musk’s, Sunita Bose, “ Organizations: Liberal Party, Australian, ”, Facebook, YouTube, Digital Industry Group, Google, DIGI Locations: SYDNEY, Australia, Canberra, France, United States

☆ Trump is retaking power with a much more obedient GOP this time
▼ + stars: | 2024-11-07 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

But over four successive election cycles — the 2018 midterms, the 2020 election, the 2022 midterms, and this year's election — Trump has steadily remade the party in his image. Related Video Chaos reigns at GOP debate as Trump skips out"This Republican Party is not the Republican Party of 2010," said Daniel Schuman, a Congress expert and the Executive Director of the American Governance Institute. While Senate GOP Leader Mitch McConnell's disdain for Trump is well known, his two most likely successors — Sens. That includes all but two of the 10 House Republicans who voted to impeach him after January 6. One proxy for this divide is the issue of Ukraine: Just over half of House Republicans voted against a more than $60 billion Ukraine aid package last year, while most Senate Republicans voted for it.

Persons: —, Donald Trump's, Trump, — Trump, Daniel Schuman, It's, Paul Ryan, Mike Johnson, Ryan, Johnson, he's, Mitch McConnell's, — Sens, John Thune of, John Cornyn, Ryan Williams, Mitt Romney's, Schuman, Brent Griffiths Organizations: Republicans, Trump, Service, GOP, Republican, Republican Party of, American Governance Institute, Senate, Republican Party Locations: Manhattan, John Thune of South Dakota, Texas, Congress, Ukraine

☆ The Federal Reserve gives Americans another interest-rate cut
▼ + stars: | 2024-11-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

The Federal Reserve cut interest rates by 25 basis points on Thursday. AdvertisementAnother interest-rate cut is headed Americans' way. On Thursday, the Federal Open Market Committee announced a 25-basis-point interest-rate cut after a 50-basis-point cut in September. AdvertisementGiven the lag in monetary policy, the interest-rate cuts won't give Americans immediate relief on their credit cards, housing, or car loans. Still, some Democratic lawmakers urged the Fed to implement another 50-basis-point cut to give Americans more financial relief.

Persons: —, Donald Trump, Trump, Matthew Ryan, Jerome Powell, Milton, Helene —, Elizabeth Warren, John Hickenlooper, Powell Organizations: Reserve, Service, Federal, Market, Trump, Boeing, Fed Locations: Sens

☆ Australia proposes ban on social media for children under 16
▼ + stars: | 2024-11-07 | by ( ) www.cnbc.com time to read: +1 min

Shoppers use their phones as they walk past the entrance to a Myer department store, owned by Australia's biggest department store chain Myer Holdings Ltd, in Sydney, Australia, November 1, 2017. Australia Prime Minister Anthony Albanese said on Thursday the government would legislate for a ban on social media for children under 16, a policy the government says is world-leading. Australia is trialing an age-verification system to assist in blocking children from accessing social media platforms, as part of a ban that could come into force as soon as the end of next year. "Social media is doing harm to our kids and I'm calling time on it," Albanese told a news conference. Albanese cited the risks to physical and mental health of children from excessive social media use, in particular the risks to girls from harmful depictions of body image, and misogynist content aimed at boys.

Persons: Anthony Albanese, Albanese Organizations: Myer, Australia's, Myer Holdings Ltd, Australia Locations: Sydney, Australia

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