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The Cantor Fitzgerald CEO has led and been the public face of Trump's transition. As co-chair of Trump's transition, Lutnick has been an outspoken advocate for Trump's agenda, including explaining how he plans to use tariffs once in office. Lutnick is the CEO and chairman of financial services titan Cantor Fitzgerald. Lutnick has been at Cantor Fitzgerald since the early 1980s when he graduated from Haverford College in Pennsylvania with an economics degree. Lutnick was working at Cantor Fitzgerald when terrorists targeted New York's World Trade Center towers on Sept. 11, the firm's headquarters.
Persons: Howard Lutnick, Cantor Fitzgerald, Donald Trump, Lutnick, Trump, Lutnick's, Elon Musk, evincing Organizations: Republican, WASHINGTON, Commerce Department, The Commerce Department, Haverford College, New, Trade, Punchbowl News, Trump, Treasury, Elon, Department of Government Locations: Madison, New York City, U.S, United States, Pennsylvania, New York
Mr. Trump’s appearance at the launch demonstrates the growing closeness between the two billionaires, and Mr. Musk’s increasing influence in Mr. Trump’s realm. Last week, Mr. Trump announced that Mr. Musk would lead a yet-to-be-created government agency, and Mr. Musk has become a staple in Mr. Trump’s transition. Mr. Musk has frequently attended meetings with him at Mar-a-Lago, Mr. Trump’s private residence, and traveled with Mr. Trump to meetings in Washington. As has been the case with many of Mr. Trump’s job candidates, Mr. Musk’s influence and presence brings potential conflicts of interest. Although he and Mr. Musk only recently became close allies, Mr. Trump had long expressed admiration for Mr. Musk’s rocket launches and would frequently reference SpaceX during campaign speeches.
Persons: Donald J, Trump, SpaceX’s, Elon Musk, Musk, Trump’s, Musk’s Organizations: Elon, Mar, Mr, Musk’s SpaceX, SpaceX, Musk’s Locations: Brownsville , Texas, Washington
3-Stock Lunch: Microsoft, Walmart & Intuit
  + stars: | 2024-11-19 | 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 Email3-Stock Lunch: Microsoft, Walmart & IntuitChad Morganlander, Washington Crossing Advisor, senior portfolio manager, joins 'Power Lunch' to discuss stock plays for three stocks.
Persons: Intuit Chad Morganlander Organizations: Microsoft, Walmart, Intuit, Washington Crossing Locations: Washington
AdvertisementWith the threat of cutbacks, some government workers might look to shift to the private sector. Experts advise networking and making résumé adjustments for transitioning to private sector roles. She said she's already seen an uptick in inquiries from federal workers looking to beef up their résumés and explore life in the private sector. Stepped-up job growth in the private sector could worsen problems that some government agencies have had in attracting people, according to Poulson, the attorney. He said he would advise public sector workers who have a choice to consider how careers in government often span many power shifts in politics.
Persons: Donald Trump, Ayanna Jackson texted, revamps résumés, Jackson, she's, Elon Musk, Vivek Ramaswamy, , Laura Labovich, Labovich, You've, haven't, Richard Poulson, Willig, they've, Lisa Simon, Simon, it's, Poulson Organizations: White, AEJ Consulting, Department of Government, Williams, Davidson, Revelio Labs, Trump Locations: Washington, DC, Philadelphia
CNN —A powerful “bomb cyclone” will combine with an atmospheric river to unleash over a month’s worth of rain, hurricane-force wind gusts and feet of mountain snow to parts of the Pacific Northwest and Northern California. This bomb cyclone will work with an atmospheric river, a long plume of water vapor moving like a river through the atmosphere, to wring out heavy rainfall and significant mountain snowfall in the Pacific Northwest and Northern California beginning Tuesday. The pair will stall along the coast and hammer the area with hazardous conditions through the week and into the weekend. Rainfall of this magnitude is expected to cause significant urban flooding, debris flow on roadways and river flooding. Strong winds could cause extensive damage to trees and power lines,” the National Weather Service office in Seattle warned.
Persons: Organizations: CNN, National Weather Service, Weather Prediction, WPC Locations: Pacific Northwest, Northern California, San Francisco, Medford , Oregon, California, San Francisco Bay, Oregon, Washington, Seattle, Sierra Nevada
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump 2.0 will be different than the first regime, says Andersen Capital’s Peter AndersenAndersen Capital’s Peter Andersen and Washington Crossing’s Chad Morganlander, join 'Power Lunch' to discuss navigating the geopolitical tension as an investor and post-election positioning.
Persons: Andersen, Peter Andersen Andersen, Peter Andersen, Chad Morganlander Organizations: Trump, Washington
WASHINGTON — An ex-Army soldier who was previously court-martialed for shooting a handcuffed Iraqi civilian was sentenced to over four years in federal prison on Monday for assaulting officers during the Jan. 6 attack on the U.S. Capitol. Richmond was sentenced to 51 months in federal prison after he pleaded guilty earlier this year to a felony count of assaulting, resisting or impeding an officer with a deadly weapon. Both the prosecution and defense agreed that Richmond's sentencing guidelines were between 51 and 63 months in federal prison. Another Jan. 6 rioter, Christopher Maurer, was sentenced to 50 months in prison on Monday after pleading guilty earlier this year to assaulting, resisting, or impeding officers with a deadly or dangerous weapon. President-elect Donald Trump has described Jan. 6 defendants as "warriors," "unbelievable patriots," political prisoners and “hostages," and said he would "absolutely" pardon some, if not all, of the Jan. 6 defendants.
Persons: WASHINGTON —, Edward Richmond , Jr, Richmond, sleuths, “ Buff, herder, Zade, Prosecutors, John D, Bates, Christopher Maurer, Mauer, , Enrique Tarrio, Donald Trump, Vance Organizations: WASHINGTON — An ex, Army, U.S . Capitol, Capitol, FBI, Prosecutors, District, Boys, Trump, NBC, White Locations: WASHINGTON, WASHINGTON — An, Washington
The Library of Congress said hackers broke into its communications systems and were able to read its email correspondence with congressional offices for most of this year. In a private notification sent Friday to some congressional offices, obtained by NBC News, the Library of Congress said that hackers “accessed email communications between congressional offices and some Library staff, including the Congressional Research Service.” The hackers had access from January until September, the notification said. The Library of Congress, the world’s largest library, offers a dedicated research staff for Congress. Last year, it gave congressional staffers more than 76,000 custom responses to inquiries, according to its most recent annual report. Bill Ryan, director of communications at the Library of Congress, told NBC News in an email that the software vulnerability the hackers used to gain access has been “mitigated.”“The Library has referred the matter to law enforcement and is also conducting its own analysis of the breach,” Ryan said.
Persons: Bill Ryan, ” Ryan, , Chuck Schumer Organizations: Congress, NBC News, of Congress, Congressional Research Service, Library of Congress, ., Russian Embassy, Washington , D.C, Embassy Locations: United States, China, Russia, U.S, Russian, Washington ,
WASHINGTON — Congress faces a Dec. 20 deadline to fund the government and avert a shutdown, and Speaker Mike Johnson says House Republicans will probably push the fight into early 2025 rather than reach a full-year funding deal this year. And then then we should be actually working on the next year’s appropriations.”But even if they push the fight to early 2025, Republicans won’t have full control over spending decisions. Government funding legislation is subject to the 60-vote threshold in the Senate, which top Republicans have promised to preserve. That means they’ll have to reach a deal with Democrats, who currently control the Senate and want to pass full-year funding this year, not in 2025. “The bottom line is we’ve got to control spending and not allow there to be a runaway spending bill in December,” he said.
Persons: Mike Johnson, , We’re, ” Johnson, Donald Trump’s, you’d, Donald J, Trump, Robert Aderholt, there’s, it’ll, ” Aderholt, Trump’s, ” Sen, John Boozman, ” Boozman, Republicans won’t, Patty Murray, Susan Collins, We’ve, I’ve, , Pete Aguilar, “ Mike Johnson, Chip Roy, Boozman Organizations: WASHINGTON, “ Fox, Democrats, , Committee, Republicans, NBC, GOP, CRs Locations: WASHINGTON —, Maine, Texas
Prosecutors say Indian national Harshkumar Ramanlal Patel, 29, ran part of the scheme and recruited Steve Shand, 50, of Florida, to shuttle migrants across the border. Prosecutors say when Jagdish Patel’s body was found, he was holding Dharmik, who was wrapped in a blanket. Patel is a common Indian surname and the victims were not related to Harshkumar Patel. The U.S. Border Patrol arrested more than 14,000 Indians on the Canadian border in the year ending this Sept. 30. Prosecutors say Shand told investigators that Patel paid him about $25,000 for the five trips.
Persons: Ramanlal Patel, Steve Shand, John Tunheim, Shand, Jagdish Patel, Vaishaliben, Dharmik, Jagdish Patel’s, Patel, Harshkumar Patel, Harshkumar, Thomas Leinenweber, Shand messaged Patel, , messaged Patel, Satveer Chaudhary, ” Chaudhary Organizations: Prosecutors, U.S, District, The U.S . Border Patrol, Pew Research, Associated Press Locations: India, Canada, U.S, Florida, Minnesota, Dingucha, Gujarat, Washington, The U.S, El, America, Deltona , Florida, Orlando, Minneapolis, American
WASHINGTON — The House Ethics Committee plans to meet Wednesday to discuss its report into former GOP Rep. Matt Gaetz, President-elect Donald Trump’s pick for attorney general, a source familiar with the meeting confirmed on Monday. But the committee lost jurisdiction over Gaetz when he resigned from the House on Thursday and has not released any public report on its probe. On Friday, an attorney said that his client testified privately before the Ethics Committee that she personally witnessed Gaetz have sex with a minor. The House Ethics panel had been scheduled to discuss the report at its regular Friday meeting but it was postponed after Gaetz resigned. Appearing on NBC's "Meet the Press" on Sunday, Sen. Markwayne Mullin, R-Okla., said senators should "absolutely" have access to the House report.
Persons: WASHINGTON, Matt Gaetz, Donald Trump’s, Gaetz, Mike Johnson, Bill Boner, Buz Lukens, ” Johnson, Sen, Markwayne Mullin, Mullin, Trump's Organizations: GOP, CNN, Trump, Madison Locations: Ohio, “ State, Washington, Mar, Florida
KYIV, Ukraine — The Ukrainian capital was blanketed by darkness Monday, even as residents were bolstered by a sense that their American allies had — finally — seen the light. "It is excellent news for us and a significant move," Kyiv resident Maryna Vlasenko, 39, told NBC News. She also bemoaned the lengthy process and the continued limits on Ukraine's use of the long-range weapons, however. A charred vehicle sits outside a residential building in Sumy, Ukraine, after a Russian missile strike Sunday. “Ukrainians don’t have the luxury of waiting while Russia continues killing civilians in Mykolaiv, Sumy, and pushing on the eastern front,” he added.
Persons: , Joe Biden, Donald Trump, Maryna Vlasenko, ” Vlasenko, , Kyiv's, Kim Jong, Alfons Cabrera, Volodymyr Zelenskyy, Vlasenko, Dmitry Peskov, Biden, ” Trump’s, Mike Waltz, , John Hamilton, Michael Bociurkiw, “ They’re, ” Frank Ledwidge, Ledwidge, “ It's, Vladyslav Faraponov, Donald Trump’s, Faraponov, don’t, Daryna Mayer Organizations: Kremlin, NBC, Ukrainian Emergency, Getty, Army Tactical Missile Systems, White, Rossiyskaya Gazeta, Fox &, U.S . Army, Army Tactical Missile, Council’s Eurasia, England’s University of Portsmouth, Institute of American Studies Locations: KYIV, Ukraine, Russia, Russian, Odesa, Kursk, U.S, Moscow, Ukrainian, Sumy, Kyiv, Washington, Florida, AFP, , British, Mykolaiv, Hong Kong
North Korean leader Kim Jong Un urged the country’s military to improve capabilities for fighting a war in a speech last week, state media KCNA said on Monday, after Pyongyang dispatched thousands of troops to Russia. The report came amid international criticism over rapidly developing military cooperation between North Korea and Russia. Washington, Seoul and Kyiv have said there are more than 10,000 North Korean soldiers in Russia to support its war against Ukraine, and some of them have engaged in combat in Kursk, near the Ukraine border. Biden’s administration has allowed Ukraine to use U.S.-made weapons to strike deep into Russia, sources told NBC News, marking a significant policy reversal and a response to Russia’s deployment of North Korean ground troops. Ukrainian President Volodymyr Zelenskyy has said that North Korean troops had suffered casualties in combat with his country’s forces, and the first battles between them "open a new page in instability.”
Persons: Kim Jong Un, KCNA, Kim, , , ” KCNA, Alexander Kozlov, Joe Biden, Yoon Suk Yeol, Shigeru Ishiba, Volodymyr Zelenskyy Organizations: Korean, Ukraine, National Resources and Ecology, South, Economic Cooperation, NBC Locations: Pyongyang, Russia, United States, South Korea, North Korea, Washington, Seoul, Kyiv, Kursk, Ukraine, Russian, Asia, Peru, Korean
Labor leaders say Democrats need to rethink their approach to working-class voters. Former Fox News host Pete Hegseth’s attorney confirmed he paid a woman after she accused him of sexual assault. He also denied that the encounter between Hegseth and an unnamed woman, which she alleges happened in 2017, was sexual assault. 🏈 The Kansas City Chiefs’ undefeated season is no more as the Buffalo Bills beat their AFC rivals 30-21 at home. Bills quarterback Josh Allen threw for 262 yards with one touchdown and one interception as Buffalo improved to 9-2.
Persons: Pete Hegseth’s, Democratic Party ’ Donald Trump, Chip Somodevilla, Kamala Harris ’, , Brent Booker, ” Booker, Mike Johnson, Trump, Brendan Carr, Roy Rochlin, Donald Trump, , Parlatore, Dick Schoof, Nora Achahbar, NFL Gregory Bull, Greg Rosenstein, hird, 🐆 Organizations: Labor, Former Fox News, Union, Democratic Party, ’ International Union of, , Trump, Federal Communications Commission, Justice Department, FBI, Trump Pentagon, Fox News, NBC News, Washington Post, Authorities, Hegseth, Getty Images, Dutch, NFL, Los Angeles Chargers, Cincinnati Bengals, Sunday, NBC Locations: Amsterdam, Netherlands, West Palm Beach, Fla, Biden’s, ’ International Union of North America, Afghanistan, Hegseth’s, Monterey , California, Anadolu, Getty Images Amsterdam, Moroccan
Almost 80 million people will hit the roads and airways this Thanksgiving, with traveler numbers surpassing pre-pandemic levels, the AAA predicts. Journeys of 50 miles or more will be made by 79.9 million people in the holiday period — an increase of 1.7 million from last year and 2 million more than in 2019. "Thanksgiving is the busiest holiday for travel, and this year we’re expecting to set new records across the board, from driving to flying and cruising," Stacey Barber, vice president of AAA Travel said in a statement. The majority of trips, 71.7 million, will be by car, meaning 1.3 million more travelers will be on the road compared to last year. A record 5.84 million plan to fly, a 9% increase from 2019, with international flight bookings up 23%, the AAA said.
Persons: Stacey Barber, Bob Pishue, Hertz Organizations: AAA, AAA Travel, Phoenix Locations: Boston , New York, LA, Seattle, Washington, DC, Atlanta, Las Vegas , Los Angeles, Miami, Oahu, Orlando, Florida
The idea is to help Ukraine hold on to Kursk for as long as possible, the official said. : Biden’s decision comes at one of the most perilous moments for Ukraine in a war that has raged for nearly 1,000 days. Thousands of North Korean troops have been deployed to support Moscow’s effort in Kursk, while Russian troops are making significant gains on the eastern frontlines in Ukraine. The shift in policy also comes as Biden prepares to make way for President-elect Donald Trump. Trump has said he could settle the war in one day, without saying how he would do so.
Persons: Joe Biden, Chip Somodevilla, Biden, Donald Trump, “ Trump, Trump Organizations: White, Getty, Kyiv, Ukraine Locations: Washington ,, Ukraine, Russia, Moscow, Kursk, Russian, United States
WASHINGTON — President-elect Donald Trump announced Sunday that he has selected Brendan Carr to be chairman of the Federal Communications Commission. Carr is the top Republican commissioner on the FCC, the government agency tasked with regulating radio, television and cable communications. "Commissioner Carr is a warrior for Free Speech, and has fought against the regulatory Lawfare that has stifled Americans’ Freedoms, and held back our Economy," Trump said in a. In his chapter, Carr suggested TikTok should be banned if it fails to disentangle from its China-based parent company — an issue on which Trump held conflicting views before he joined the app himself this year. "Congress should do so by ensuring that Internet companies no longer have carte blanche to censor protected speech while maintaining their Section 230 protections," Carr wrote in Project 2025's book.
Persons: Donald Trump, Brendan Carr, Carr, Trump, TikTok Organizations: WASHINGTON, Federal Communications Commission, FCC, Freedoms, Innovators, Communications Locations: America, Big Tech, China
After announcing a swathe of names for his Cabinet, president-elect Donald Trump appears to be conducting auditions for his Treasury Secretary. AdvertisementHere's some of the best commentary we've seen about the race to be the next Treasury Secretary. Blowups somewhere are inevitable, and a Treasury secretary needs the experience to deal with the fallout in a way that reassures markets. There could now be a contest for Treasury Secretary where … the no1 job is reassuring the markets. In return he might be rewarded with the job of treasury secretary.
Persons: Donald Trump, Scott Bessent, Howard Lutnick, Marc Rowan, Kevin Warsh, Cantor Fitzgerald, Trump, Rowan, Apollo, Jay Powell, Warsh, Powell, hasn't, Kyle Bass, Mike Allen, You've, Ian Bremmer, Marco Rubio, Mike Waltz, Biden, Mr Lutnick, Mr Trump, … Mr Lutnick, , Mr Lutnick's, John Thune, Jeff Stein Organizations: Key Square Capital Management, Apollo Global Management, Federal Reserve, New York Times, The Times, Times, Hayman Capital Management, X, Trump's, Treasury, CNBC, Trump, Fed, White, National Economic Council, Eurasia Group, Bloomberg, The, The Washington Post Locations: X U.S, Eurasia, Washington, United States, The Washington
AdvertisementRussia could offer support to the Iran-backed Houthis as they menace key shipping lanes. A senior US State Department official said Moscow is engaging with the rebels at a "serious level." Russia could decide to help the Houthis with their Red Sea attacks and is engaging with the Iran-backed rebels at a "serious level," a senior US State Department official said. "It does seem as though there is a fairly serious level of engagement happening," Lenderking said of the Houthis and Russia. Tehran has provided Moscow with lethal aid, including missiles and drones similar to what it has given the Houthis in previous years.
Persons: Yemen Tim Lenderking, Lenderking, Vladimir Putin, Mohammed Hamoud Organizations: US State Department, State Department, United, Lebanese Hezbollah, US Navy, US Locations: Russia, Iran, Moscow, Yemen, Saudi Arabia, Washington, Ukraine, United Nations, Lebanese, Israel, Tehran, Gulf of Aden, Red
Oil prices edge higher after Russia-Ukraine tensions escalate
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: +2 min
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world's second-largest consumer, and forecasts of a global oil surplus weighed on markets. Russia unleashed its largest air strike on Ukraine in almost three months on Sunday, causing severe damage to Ukraine's power system. Investors also fretted over the pace and extent of interest rate cuts by the U.S. Federal Reserve that has created uncertainty in global financial markets. In the U.S., the number of operating oil rigs fell by one to 478 last week, the lowest since the week to July 19, Baker Hughes data showed.
Persons: Joe Biden's, Biden, Tony Sycamore, Brent, WTI, Baker Hughes Organizations: Brent, U.S, West Texas, IG, International Energy Agency, U.S . Federal Reserve Locations: Cushing , Oklahoma, Russia, Ukraine, China, Kursk, U.S
Not all of Trump’s picks are causing uproar. But in a conventional administration, controversies raging around at least four key Cabinet picks would be seen as a disaster. The president-elect’s son explains the planGaetz and several other Trump picks have caused consternation in some circles given the questions about their qualifications and past behavior. That’s what the American people want.”It would take a handful of Republican senators to block the most provocative Trump nominees early next year, given that Democrats are likely to vote en masse against them. If he’s qualified, he’s qualified.”Missouri Sen. Eric Schmitt said he believed Trump’s nominees would get confirmed.
Persons: Donald Trump, Matt Gaetz, Tulsi Gabbard, Pete Hegseth, Robert F, Kennedy Jr, Hegseth, Trump’s, Intrigue, Gaetz, , Kennedy, Florida Sen, Marco Rubio, Trump, he’s, ” Johnson, South Dakota Sen, John Thune, Mike Johnson, CNN’s Jake Tapper, , ” Sen, Adam Schiff, Jim Himes, they’re, Matt Gaetz —, Robert Kennedy, Tulsi, ” Trump, Donald Trump Jr, , Sen, Markwayne Mullin, “ I’ve, … I’ve, Matt, ” Missouri Sen, Eric Schmitt, Alabama Sen, Tommy Tuberville, Pennsylvania Sen, John Fetterman Organizations: CNN, Washington, Republican Senate, Office, Fox News, Florida Republican, of Justice, Department of Health, Human Services, Senate, Trump, South, Louisiana Republican, California Democrat, Democrat, House Intelligence, Sunday, Connecticut Democrat, CBS, Republican, Fox Business, Oklahoma Republican, Press, Locations: Gaetz, — Russia, Washington, Florida, South Dakota, “ State, Louisiana, United States, California, Connecticut, ” Missouri, Alabama, Pennsylvania
CVS Health announced on Monday that it struck a deal with dissident investor Glenview Capital for four board seats, just a few weeks after the healthcare giant ousted former chief Karen Lynch. Glenview CEO Larry Robbins will join the CVS board effective immediately, alongside three other directors, which CVS said emerged from a "productive discussion" with Glenview. CVS' board will expand to 16 members. Glenview amassed a sizable stake in the healthcare conglomerate and worked with management in the lead-up to Lynch's ouster. Elliott Management struck a deal with Southwest Airlines in October in which the activist fund secured six seats on the carrier's board.
Persons: David Joyner, Karen Lynch, Larry Robbins, Roger Farah, Leslie Norwalk, Guy Sansone, Doug Schulman, Glenview's Robbins, Ancora, Alan Shaw Organizations: CVS, Health, Education, Labor, Washington , D.C, CVS Health, Glenview Capital, Glenview, Elliott Management, Southwest Airlines, Norfolk Locations: Washington ,, Glenview, Norfolk Southern
The Chargers surely needed some luck, including the Bengals’ two missed field goals in the fourth quarter. Burrow also missed an open Chase on a deep ball down the right sideline that could have been a go-ahead touchdown. — Daniel Popper, Chargers beat writerSunday’s win shows Chargers’ improvementsThere will be plenty to clean up moving forward. AdvertisementThe Bengals extended McPherson, who earned the name Money Mac, before the season but he has been leaky this year. The Bengals only allowed three points and forced a turnover to let Burrow bring the team nearly all the way back.
Persons: Daniel Popper, Paul Dehner Jr, Zach Powell, J.K . Dobbins, Justin Herbert, mightily, Evan McPherson, Burrow, Ja’Marr Chase, Tee Higgins, Jim Harbaugh, — Daniel Popper, Sunday’s, Dobbins, Herbert, — Popper, Cincy, Terry, McPherson, Mac, He’s, Taylor didn’t, — Paul Dehner, Cam Taylor, Britt, Zac Taylor, Lou Anarumo, Ronald Martinez Organizations: J.K, Los Angeles Chargers, Cincinnati Bengals, SoFi, Sunday, Dobbins, Bengals, Cincinnati, Chargers, Baltimore, Washington Locations: Los Angeles, Kansas City, Baltimore, Cincinnati
A Georgia appeals court on Monday canceled until further notice oral arguments on an effort by President-elect Donald Trump and other co-defendants to remove Fulton County District Attorney Fani Willis from the criminal election interference prosecution against them. The Georgia Court of Appeals acted on its own in canceling the arguments scheduled for Dec. 5. Trump and other defendants had appealed that ruling, and the Court of Appeals in June halted proceedings in the case pending the outcome of that effort. Circuit Court of Appeals to suspend proceedings in that case, citing Trump's election victory. That federal appeals court granted Smith's request.
Persons: Donald Trump, Fani Willis, Trump, Joe Biden, Scott McAfee, Willis, Jack Smith, Aileen Cannon, Smith Organizations: Republicans, Hyatt, Georgia, Trump, Republican, Appeals, U.S . Department of Justice, Washington , D.C, Biden's, White, U.S, Circuit Locations: Washington , DC, Georgia, Fulton County, Atlanta, York, Manhattan, Washington ,, Florida, U.S
AdvertisementTrump picked Elon Musk and Vivek Ramaswamy to co-lead DOGE, a new government efficiency commission. Their aim is to cut government spending, and one idea they've floated is to ax federal agencies. Almost half a million people were employed in the Department of Veterans Affairs, while the Department of Education had just over 4,000. Most departments had six-figure average salaries, with the Department of Education and the Department of Energy having the highest averages. AdvertisementWhile DOGE can advise Trump on agencies to cut, the president-elect cannot act on it alone — making major changes to federal agencies would require congressional approval.
Persons: Elon Musk, Vivek Ramaswamy, they've, Elon, Ramaswamy, Karoline Leavitt, Vance, Trump, Musk, Ronald Reagan Organizations: Trump, GOP, Government, Fox News, Management, Department of Veterans Affairs, of Education, Treasury Department, Internal Revenue Service, Department of Education, Department of Energy, Washington DC, Grace Commission, Social Security, Medicare, Social, asheffey Locations: Elon Musk's, Washington, Grace
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