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One of the architects of that plan for a Trump second term said as much in a video last year for the Heritage Foundation. Reissuing Schedule F is part of a roadmap, known as Project 2025, drafted for a second Trump term by scores of conservative groups and published by the Heritage Foundation. The new rules would not fully block reclassifying workers in a second Trump term. Greene said she worries for federal workers who might face the same choice in a second Trump term. The project includes a personnel database for potential hires in a second Trump administration.
Persons: Donald Trump, it’s, , Trump, Joe Biden, Donald Moynihan, Georgetown University's, ” Donald Moynihan, ” Moynihan, “ It’s, , Russell Vought, , you’re, Doreen Greenwald, Moynihan, Kenneth Baer, Barack Obama, ” Kenneth Baer, Peter Orszag, Pete Souza, Robert Shea, Eva Shea, George W, Bush, Laura Bush, Tina Hager, ” Biden, Baer, George Frey, ” Trump, Max Stier, Verna Daniels, ” Daniels, Catherine Greene, ” Greene, Tom Bewick, NIFA, ” Bewick, we’ll, Greene, Biden, “ We’ve, He’s, Hillary Clinton, he’d, James Comey, Bill Barr, Barr, Jeffrey Clark, Clark, Mark Meadows, Stephen Miller, Peter Navarro, he’ll Organizations: CNN, United, Republican, Democratic, Trump, , Georgetown, Georgetown University's McCourt School, Public, Georgetown University, Heritage Foundation, Management, Budget, of Justice, FBI, Environmental Protection Agency, Vought, National Treasury Employees Union, OMB, White, Personnel Management, Land Management, Department of Agriculture, Kansas City, Partnership for Public Service, Government, Office, GAO, Economic Research Service, National Institute of Food, Agriculture, USDA, National Institute for Food, NIFA, Applied Economics Association, BLM, Getty, Department of Justice, Justice Department, Univision, Justice, Department, U.S . Justice, Center, Washington Post, National Security and Intelligence, of Homeland Security, of Education and Commerce, Federal Communications Commission, Federal Trade Commission Locations: United States, Washington, Georgetown, , Colorado, DC, Kansas, Colorado, Virginia, America, Grand Junction, Washington ,, New York City, New York, Georgia
I created my TikTok account at the pandemic's start while stuck at home with nothing to do. This story is available exclusively to Business Insider subscribers. What was true for me, at least, was that TikTok took hours away from my day. A better work-life balanceOther Gen Z TikTok addicts who spoke to the Journal shared similar concerns. TikTok did not respond to a request for comment from Business Insider.
Persons: , TikTok, it's, It's, Alistair Barr, there's, Zuckerberg, Z, Keilah Bruce, Gautam Mengi, Will, I've Organizations: Service, Business, Street Journal, Elon, Twitter, Wall Street
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Donald Trump mocked Bill Barr while thanking him for his endorsement in the 2024 election. The former US attorney general has grown critical of Trump but pledged to vote Republican in November. Trump said he would withdraw a previous insult calling Barr "lethargic." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer US President Donald Trump mocked former US attorney general Bill Barr while thanking him for his endorsement in the 2024 presidential election race.
Persons: Donald Trump, Bill Barr, Trump, Barr, lethargic, Organizations: Trump, Republican, Service, Fox News, Business
Here are six things I'd never do on a cruise after working on them for three years. So, even though I enjoy lobster, I stick with the items without the upcharges. Related storyI prefer to buy as I go and take advantage of happy hour and other drink specials that are available on certain cruise lines. AdvertisementSome cruise lines are better than others at wiping down commonly touched surfaces, but I don't take any chances. Wear my room key around my neckI never walk around the ship with my room key around my neck, and I especially never do this when on land.
Persons: , it's, I've, norovirus, I'd, Tammy Barr Organizations: Service, Business Locations: Manhattan
Tesla's US electric vehicle market share has grown to 51.3%, despite numerous challenges. Tesla's US market share actually grew in the first quarter. Related storySince the end of September, Tesla's share of the US EV market has grown by 1.3 percentage points to 51.3%. The next closest rival is Ford, with a meager 7.4% market share. These stats say more about the general sorry state of the US EV market.
Persons: Elon, , Tesla, Elon Musk, Cox Automotive's Kelley, Tesla's, That's Organizations: Service, Cox, US, Hyundai, VW, BMW, Ford, Rivian Locations: Polestar, China
An AWS spokesperson said in an emailed statement that the company has introduced more cost-effective options for moving data. As of March, AWS had removed Snowmobile from its website, and the Amazon unit has stopped offering the service, CNBC has confirmed. Andy Jassy, now Amazon's CEO, called it the Snowmobile, and said the company would be using the truck to help customers speedily transfer data to Amazon Web Services facilities. "We intend to make sure that Snowmobile is both faster and less expensive than using a network-based data transfer model," Barr wrote. Clients generally find that sending data to AWS online is more economical than using Snowmobile, the company said.
Persons: we've, Andy Jassy, Jassy, Jeff Barr, Barr, Maxar, There's, we're Organizations: AWS, CNBC, Amazon Web Services, Amazon, Microsoft Locations: Las Vegas
The stolen election falsehood that dominates the GOPJohnson’s willingness to lend the authority of his office to Trump’s “election integrity” campaign shows how Trump’s stolen election conspiracy theory has consumed almost every pillar of power in the GOP. Trump and Johnson are also expected to relitigate the 2020 election during Friday’s press conference, a Trump adviser told CNN. “IT’S SO THEY CAN VOTE, VOTE, VOTE,” Trump said on his Truth Social network in December. Two days after the election, Trump declared, “If you count the legal votes, I easily win. “I support President Trump, I’m one of his biggest fighters here in Congress.
Persons: Mike Johnson, Donald Trump, Trump, Aileen Cannon, Trump’s, Johnson, , CNN’s Kristen Holmes, Fredreka Schouten, CNN’s KFile, Lara Trump, William Barr, Hillary Clinton, Joe Biden’s, ” Trump, ” Johnson, Biden, There’s, , Matt Gaetz –, , ” Gaetz, Marjorie Taylor Greene, Greene, she’d, ” Greene, CNN’s Manu Raju, Kevin McCarthy, McCarthy —, Trump — Organizations: CNN —, Republican, GOP, Trump’s, Trump, Republicans, Republican National Committee, RNC, CNN, Democratic, Electoral, , Christian Broadcasting Network, Biden, Georgia Republican, House Republicans, Capitol Locations: Trump, Congress, Lago, Florida, New York, Georgia, American, Texas, Georgia , Michigan, Pennsylvania, Wisconsin, Ukraine, Mar, November’s
CNN —Some top Democrats worry that Americans have forgotten the chaos that raged every day Donald Trump was president, and that voters’ faded recall of the uproar will end up handing him a second term. Trump ally Rep. Marjorie Taylor Greene is threatening to topple Johnson if he dares to pass it. — Nationwide chaos is, meanwhile, spreading in the wake of the Trump-built Supreme Court conservative majority overturning Roe v. Wade in 2022. — Bipartisan efforts to solve a border crisis are in tatters after Trump’s House followers in February killed the most sweeping and conservative bill in years. Yet Trump has vowed to end the war in 24 hours if he wins a second term.
Persons: Donald Trump, , Trump, Mike Johnson, Ukraine –, Marjorie Taylor Greene, Johnson, Roe, Wade, Trump’s, Joe Biden, , Johnson –, Lago Trump, bucked Johnson, Bill Barr, CNN’s Annie Grayer, ” Barr, , Barr, “ We’re, Greene, , ” Greene, CNN’s Manu Raju, We’re, laud, Ronald Reagan’s, Vladimir Putin’s, Volodymyr Zelensky, don’t, CNN’s Frederik Pleitgen, Putin, Christopher Cavoli, ” Cavoli, Biden, majority’s handiwork, he’d, didn’t, , he’s Organizations: CNN, GOP, Republican, Trump, Washington, Trump -, Mar, Foreign Intelligence, FBI, FISA, Kremlin, Ukraine, European Command, House Armed Services Committee, Arizona Locations: Ukraine, Arizona, tatters, America, Washington, Russia, Georgia, Florida, Russian, Mar, Alabama
Lara Trump has a long history of echoing his election fraud claims, according to a CNN KFile analysis of her past statements as a commentator and surrogate for the former president. There is no evidence of widespread fraud in the 2020 election, as even some state GOP election officials and former Trump Attorney General William Barr have acknowledged. But in the years since the 2020 election, Lara Trump has continued to push claims of fraud. In the same interview, Trump also added the GOP needed to “trust mail-in voting.”Neither the RNC nor Lara Trump responded to multiple requests for comment. “No, we don’t believe that.”On her internet show and podcast, and in public events, she often spread outlandish and nonsensical claims about the 2020 election.
Persons: Lara Trump, Donald Trump, Donald Trump’s, , Trump, , CNN’s KFile, Michael Whatley, Drew McKissick, Ronna McDaniel, William Barr, who’s, Joe Biden’s “, ” Trump, Cecile Clocheret, Biden, Joe Biden, Lara, They’re, We’re Organizations: CNN, Republican National Committee, RNC, GOP, Trump, Republicans, NBC, , Getty, Biden, US Census Bureau, Pew Research Locations: American, Houston, AFP, South Carolina, United States
Donald Trump has added something new to the practice of extracting money from major donors: fear. Trump has also talked of prosecuting officials at the F.B.I. In public, Trump has vowed to appoint a special prosecutor to “go after” President Biden and his family. Trump has claimed without evidence that the criminal charges he is facing — a total of 88 across four state and federal indictments — were made up to damage him politically. Trump has made “retribution” a central theme of his campaign, seeking to intertwine his own legal defense with a call for payback against perceived slights and offenses to “forgotten” Americans.
Persons: Donald Trump, Trump’s, Trump, John F, Kelly, William P, Barr, Ty Cobb, Mark, , ” President Biden, Organizations: House, The Washington Post, Justice Department, Joint Chiefs,
CNN —A New Orleans restaurant featuring a modern Senegalese tasting menu and an Ethiopia-born chef who studied psychology before turning to a culinary career are among the restaurants and chefs named as finalists for the coveted James Beard Awards. The finalists for the Restaurant and Chef Awards were announced Wednesday in Washington, DC. In the Emerging Chef category, Fariyal Abdullahi, executive chef at Hav & Mar in New York, is among the five finalists. Masako Morishita moved to Washington, DC to be a cheerleader for the Washington Commanders. Fariyal Abdullahi, executive chef at Hav & Mar in New York, is among the five finalists in the Emerging Chef category.
Persons: James Beard, Fariyal Abdullahi, Abdullahi, Chef Marcus Samuelsson’s, Masako Morishita, Andy Thomas Lee, Chef Serigne Mbaye’s, Sarah Minnick, Dean Neff, foodie, James Beard’s, , ” Beard, Mamba, Nadia Nijimbere, Yenvy Pham, Phở, Chris Viaud, Hollis Wells Silverman, Erika Whitaker, Kelly Whitaker, Michael Rafidi, Renee Touponce, David Uygur, Dallas , TX, Scott Suchman, Justin Hamel, Janet Becerra, Ryan Fernandez, Baker, Susan Bae, Jesus Brazon, Manuel Brazon, Atsuko Fujimoto, Crystal Kass, Valentine, Anna Posey, Gemma, Lula Drake Wine, Morris, Vin, Geoff Davis, Rogelio Garcia, Auro, Maynard Llera, Kuya, Tara Monsod, Billy ” Ngo, Vinnie Cimino, Cordelia, OHJose Salazar, Sarkar, Hajime Sato, Sozai, Jenner, Tony Conte, Jesse Ito, Matt Kern, Harley Peet, Kevin Tien, Ann Ahmed, Rob Connoley, Dan Jacobs, Dan Van Rite, Christina Nguyen, Hai, Tim Nicholson, Brandon Cunningham, Ali Sabbah, Matt Vawter, Penelope Wong, Yuan Wonton, Nick Zocco, Atsushi Kono, Chris Mauricio, Charlie Mitchell, Clover, Jeremy Salamon, Conor Dennehy, Talulla, Maria Meza, David Standridge, Jake Stevens, Cara Tobin, Honey, Avery Adams, Matia, Kristi Brown, Josh Dorcak, Gregory Gourdet, Melissa Miranda, Jamie Davis, The, Rod Lassiter, Parnass Savang, James London, Chubby Fish, Robbie Robinson, Paul Smith, Valerie Chang, Hunter Evans, Jackson, Gabriel Hernandez, Carlos Portela, Rene Andrade, Jeff Chanchaleune, Ma Der, Steve, Steve Riley, Eduardo Rodriguez, Zacatlán, Emmanuel Chavez, Christopher Cullum, Cullum’s Attaboy, Tracy Malechek, Ezekiel, Birdie’s, Misti Norris, Petra, Ana Liz Pulido, Ana Liz Taqueria Organizations: CNN, Lyric Opera, Hav, Culinary Institute of America, Noma, Mar, Washington Commanders, Dakar NOLA, Texas :, James Beard Foundation, The New York Times, D.C, Albi Restaurant, Washington Post, New York Times, Nikko, SC, Comfort, Dakar, Caracas Bakery, Lula, Woodford Food & Beverage, Beverages, Social Haus, UT, New, Pacific, PR Locations: New Orleans, Ethiopia, Washington ,, Chicago, New York, Copenhagen, Washington, Perry’s, Portland , Oregon, Wilmington , North Carolina, Texas, Texas : West Texas, Marfa, Mixtli, San Antonio, Detroit , MI, Seattle, WA, Greenleaf, Ansanm, Milford, Wolfeboro, NH, The Wells, Boulder, Portland, Wilmington , NC, Albi , Washington, The, Lucia, Dallas ,, Albi, Washington , DC, Santa Fe, Marfa , TX, San Antonio , TX, Springs, , New York, NY, Pancita, Kultura, Charleston, Southern Junction, Buffalo , NY, Waitsburg, Lockhart , TX, Carmel, CA, Dorchester, MA, Dakar NOLA , New Orleans, LA, Hayward, McMinnville, Orlando, FL, Nashville, TN, Nixta , Minneapolis, MN, Shan, Bozeman, Albuquerque, NM, Long Beach , CA, Hudson, Bakery, Caracas, Doral, Miami, Phoenix, AZ, Elske, IL, Son, Raleigh , NC, Dallas , TX, Columbia, San Francisco , CA, Anaheim , Anaheim , CA, , Washington, Buffalo, Montpelier, VT, Baltimore, , New Orleans, Brownsville , TX, San Francisco ,, California, Burdell, Oakland, Calistoga, Los Angeles , CA, San Diego , CA, Kru, Sacramento, Lakes, MI, Cleveland, Mita’s, Cincinnati, Indienne, Clawson , MI, Esmé, NJ, PA, Philadelphia, Fenwick, Bas Rouge, Easton, KS, MO, Khâluna, Minneapolis, St, Louis, EsterEv, Milwaukee , WI, Hai Hai , Minneapolis, Omaha, UT, Greenough, MT, Salt Lake City, Rootstalk, Breckenridge, Denver, Urban, Sofreh, Brooklyn, Kono , New York, Harana, Accord, Clover Hill, RI, Cambridge, Dolores, Providence , RI, Leeward, Burlington, Island, MÄS, Ashland, kann, Musang, KY, NC, The Hackney, Washington , NC, Talat, Atlanta, West Columbia, Maty’s, Elvie’s, Verde Mesa, San Juan, Saffron , New Orleans, Bacanora, Oklahoma City, Henderson, NV, Mesa, Tatemó, Houston , TX, Austin , TX, Mission
U.S. stock futures were little changed Tuesday night after the Dow Jones Industrial Average fell for a second day in a rough start to the quarter. S&P 500 futures were lower by 0.02%, while the Nasdaq 100 futures dipped 0.02%. The S&P 500 lost 0.7%, while the Nasdaq Composite tumbled nearly 1%. The S&P 500 is coming off its best first quarter since 2019. "We've heard day after day that we're either touching all-time highs or within reach of all-time highs.
Persons: Dow, Kristen, We've, Jerome Powell, Michelle Bowman, Adriana Kugler, Austan Goolsbee, Michael Barr, Levi Strauss Organizations: New York Stock Exchange, Dow Jones, Dow, Federal Reserve, Treasury, Nasdaq, Citi, Federal, Fed, Chicago Fed
But the question over the color of Jesus’ skin is a serious one this Easter, for two reasons. But there are some who say Jesus’ color should stay the same, or that it doesn’t matter at all. He concedes that there are barriers to worshipping a White Jesus that he, a White man, may not understand. Jesus didn’t simply care about the poor, he was poor.”Cleveland tells CNN that people who say Jesus’ color wasn’t important ignore history. She says the experience taught her how much White Christian nationalism and the White Jesus have merged.
Persons: CNN — Christena Cleveland, Thomas ”, Jesus, , Cleveland, Thor, , Jesus didn’t, Megyn Kelly, , Trump, Donald Trump, Al Drago, Gentile, Warner, he’s, Sallman, Edward J, Blum, Jesus Christ, Mario Tama, Christina L, Barr, ” Barr, he’d, coon, ” Antony Pinol, Pinol, God, Jesus doesn’t, ” Pino, Jeff Hutchens, Albert Cleage, George Floyd, Black, Dante Stewart, ” “, ” Stewart, James Cone, Toni Morrison, White, ‘ ’ Blum, MAGA, White MAGA Jesus, Paul Weaver, Drew Angerer, Jesus ’, Frederick Buechner, John Blake Organizations: CNN, Cleveland, TSA, Fox News, Bloomberg, Getty, CARE, New York Times, Christ, America, Communist Party, Warner, Republican Party, Black Tea News, Pennsylvania State Capitol, Christianity Locations: Cleveland, Hollywood, barbershops, Santa Claus, America, White, Avoca , Pennsylvania, Israel, Port, Prince, Haiti, Africa, Dillon , South Carolina, Asia, Southern, Eastern Europe, Rome, Harrisburg , Pennsylvania, Gaza, New York City
Moderna has more to offer beyond its Covid vaccine. The update brings Moderna a step closer to having multiple products on the market, which it badly needs amid plunging demand for Covid shots worldwide. Moderna will chart its post-Covid future Wednesday during its fifth annual "Vaccines Day," an investor event in Boston focused on the company's vaccine portfolio. That includes its combination vaccine against Covid and the flu and a shot against another common herpes virus called cytomegalovirus, or CMV. It also includes a new and improved version of Moderna's Covid shot.
Persons: norovirus, Barr, Moderna, Blackstone, Stéphane Bancel Organizations: Moderna, Epstein, Covid, Blackstone Life Sciences, Blackstone Group Locations: Boston, U.S
AI companies run into hurdlesOne of the more eye-opening developments of this new phase came last week from a barely two-year-old OpenAI rival named Inflection AI. Related storiesIt has quickly become apparent that Inflection AI wasn't the only one struggling, however. Stability's Mostaque, meanwhile, seems to have conceded that Big Tech companies wield unassailable power in AI. In a post on X, he said that centralized AI was not going to be beaten with "more centralized AI". Not going to beat centralized AI with more centralized AI.
Persons: , Bill Gates, Mustafa Suleyman, DeepMind, Suleyman, Reid Hoffman, Gates, Eric Schmidt, Emad Mostaque, Googlers —, Ali Barr, Pi, Cohere, Stability's Mostaque, ike C oatue Organizations: Service, Nasdaq, Business, Big Tech, Microsoft, Nvidia
The Food and Drug Administration on Tuesday approved a drug from Merck designed to treat a progressive and life-threatening lung condition in a win for both the drugmaker and for patients suffering from the rare disease. The condition refers to when the small blood vessels in the lungs narrow. He noted that the drug will be a "paradigm shift" for patients living with PAH. That includes reducing the risk of death or worsening of the condition by 84% compared to an existing drug alone. Those trials include late-stage studies on patients with more advanced PAH disease, and those who are within the first year after diagnosis.
Persons: Chris Schott, Eliav Barr, PAH, Barr, Merck Organizations: Merck, Drug Administration, JPMorgan, CNBC, Acceleron Pharma Locations: Rahway , New Jersey, U.S, Winrevair
European markets are heading for a lackluster open Tuesday as investors continue to ponder last week's central bank policy decisions in Europe and the U.S. Regional markets had a tentative start to the new trading week Monday and the lack of momentum looks set to continue Tuesday. Today, investors in Europe, the Middle East and Africa will be keeping an eye out as Nigeria's central bank publishes its latest monetary policy decision, and as earnings come from Smiths Group, Ocado Retail, Bellway and A.G. Barr. Asia-Pacific markets were mixed Tuesday as the U.S. market took a breather after a rally sparked by optimism over the Federal Reserve's interest rate stance at its latest meeting. U.S. stock futures traded near the flatline Monday night, after the major averages took a breather from their rally.
Organizations: U.S . Regional, Smiths Group, Ocado, Federal Locations: Europe, East, Africa, Barr, Asia, Pacific, U.S
Today, the emergence of huge AI models is turning this book-scanning debate on its head. So it's safe to interpret this comment as a yes: Google will use this data to train future AI models. Developers versus corporate customersThe internet giant treats information shared with its AI models and services differently, depending on the offering. It's probably why some big companies have sent around warnings again recently prohibiting employees from sharing sensitive data with AI models. Prompt data controlsHere are some other important tips for controlling how Google uses any prompts you submit to its AI models.
Persons: , Larry Page, Sundar Pichai, Gemini Organizations: Google Gemini, Service, Google, Gemini, Services
A CEO and a VC used Google's Gemini AI models for investment advice. Gemini listed Google parent Alphabet as a top 'Bottleneck Stock.' The AI model noted Google's domination of the online advertising market. Every Media CEO Dan Shipper recently posted a video of him playing with Google Gemini AI models, including the fancy 1.5 version. This story is available exclusively to Business Insider subscribers.
Persons: , Dan Shipper, Jesse Beyroutey Organizations: Service, Every, Google, Business
Read previewThe AI community assumes that OpenAI uses vast quantities of YouTube videos to train models, including its new Sora offering. The mystery is how OpenAI accesses enough YouTube content to make this work. Business Insider asked OpenAI whether it has downloaded YouTube videos at scale and whether the startup uses this content as data for AI model training. Google, OpenAI, and other tech companies are currently arguing that using copyrighted content for AI model training is also legal. And when pressed again about sources of training data, Murati replied, "I'm not going to go into the details."
Persons: , OpenAI, Mira Murati, Sora, I'm, Murati, Axel Springer, Ashley Stewart Organizations: Service, YouTube, Business, Google, Microsoft, Street
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at a potential exodus of stars from YouTube and what it means for the creator economy. What's on deck:This story is available exclusively to Business Insider subscribers. AdvertisementBut some people who helped fuel YouTube's rise are walking away from the platform that gave them their big break. TikTok's challenges represent the ongoing uncertainty content creators face trying to make a living in such an unpredictable and shrinking world.
Persons: , we've, Rebecca Zisser, It's, Insider's Lindsay Dodgson, MatPat, Lindsay, Andy Kiersz, Critics, it's, Alistair Barr, Dan, Jamie Dimon doesn't, Dimon, Karim Qubadi, Abanti Chowdhury, OpenAI, Musk's, Christopher Nolan's, Tyler Le, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, YouTube, Business, Nielsen, Gaming, ISI, SensorTower, BI, CPI, JPMorgan, Elon, University of Chicago, Quest, realtors, Meta, Google, Companies, Adidas Locations: United States, New York, London
This is especially true for young users who are now entering a new busy time of life known as adulthood. AdvertisementAfter demolishing the competition from 2020 through the first half of 2022, TikTok's DAU growth rate has collapsed. One interesting theory is that TikTok users are growing up and taking on new responsibilities that leave less time to watch videos. If some of TikTok's core users can no longer afford to spend an hour a day on the app, that's not good for business. This is not just meThe Wall Street Journal recently interviewed a few TikTok users in their 20s.
Persons: , TikTok, it's, Brielle, There's, I'd, she'll, Keilah Bruce Organizations: Service, Evercore, YouTube, Facebook, Street Journal, Intelligence, Street Locations: TikTok
After a yearlong investigation, Hur concluded that Biden mishandled classified material and improperly disclosed classified information as a private citizen. Here are four key things to look for in Tuesday’s high-stakes hearing:What will Hur say about Biden’s age and memory? (At 81, Biden is the oldest US president in history, though Donald Trump is only a few years younger at 77.) House Republicans are looking for Hur’s public testimony to provide fresh momentum to their sputtering impeachment inquiry into Biden. Hur’s approach will determine how easy, or hard, it is for lawmakers to extract the political moments that they want.
Persons: Robert Hur, Joe Biden’s, Hur, Biden, wouldn’t, Donald Trump, Beau, Barack Obama, seething Biden, , ” Biden, , Jack Smith, Trump, ” Hur, Will Hur, Hunter, Steve Ruark, Mr, Biden’s, Hunter Biden, Robert Mueller, John Durham, Bill Barr, – Hur, he’ll, Biden’s feebleness Organizations: CNN, GOP, Justice Department, Republicans, National Archives, Department of Justice, Court, Ukrainian, Justice, Internal Revenue Service, White, Trump, Democratic, Capitol Locations: Washington, Tuesday’s, Israel, Florida, Ukrainian, Baltimore, Maryland, Russia
But where banks' exposure to commercial real estate is concerned, locating that fire may be difficult. Rising interest rates quickly increased the cost of borrowing for investors in commercial real estate, including offices and multifamily homes. It doesn't reveal details such as borrowers' track records, said Mark Hillis, a former chief risk officer for commercial real estate at JPMorgan. There's also varying concentration risk: the largest banks with commercial real estate exposure are more diversified, meaning that any losses won't be as devastating, Baker said. "We think very few banks will run into issues just from their commercial real estate exposure," Reidy said.
Persons: Michael Barr, Jerome Powell, Todd Baker, Mark Hillis, Clifford Rossi, Robert H, Rossi, Baker, There's, Hillis, multifamily, haven't, You'll, Banks, you'll, Rebel Cole, NYCB, Matt Reidy, Reidy, Cole Organizations: Federal Reserve, Business, York Community Bank, SEC, Richman Center for Business, Law, Columbia University, JPMorgan, Smith, Smith School of Business, University of Maryland, Mortgage Banker's Association, Bank, Signature Bank, First, Countrywide Bank, Washington Mutual, Citigroup, multifamily, Florida Atlantic University, Federal, Regulators, TCRE, Equity RCRE, Community Bank, Provident Bank NJ, Merchants Bank of Indiana, Apple Bank for Savings, Oceanfirst Bank, Independent Bank, Lakeland Bank NJ, Ozk, Washington Federal Bank WA, Axos Bank, Sandy Spring Bank, Columbia Bank NJ, Farmers, Merchants Bank of CA, Popular Bank, Pacific Premier Bank, United Bank, Trust, Rockland Trust, Umpqua Bank, ServisFirst Bank, Bell Bank, Stellar Bank, National Bank of, National Bank of Florida FL, New York Community Bank Locations: multifamily, Basel, CRE, California, Rockland, National Bank of Florida
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