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☆ Economist El-Erian says the Fed has turned into a play-by-play commentator
▼ + stars: | 2024-04-05 | by ( Karen Gilchrist | ) www.cnbc.com time to read: 1 min

The U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief economic adviser at Allianz, said Friday. The economist told CNBC that a longer-term, more strategic outlook could see policymakers settle on a new inflation target of closer to 3%. "Rather than be strategic, this Fed is overly data dependent, and has turned into a play-by-play commentator," El-Erian told CNBC's Steve Sedgwick at the Ambrosetti Spring Forum in Italy. "The Fed should be strategic, the Fed should provide a strategic anchor, a stabilizer." The U.S. Federal Reserve did not immediately respond to a CNBC request for comment.

Persons: Mohamed El, Erian, CNBC's Steve Sedgwick, That's Organizations: U.S . Federal Reserve, Allianz, CNBC Locations: Italy

A gag order against one of Trump’s biggest foes could score political points and help him and his co-defendants in the short term. Then, McAfee appeared to suggest a gag order may be necessary. “I don’t know a reason to have a gag order right now,” Parker told CNN. The former president already faces a gag order in his criminal hush money case that’s headed to trial later this month in New York. And several other defendants in the Georgia case, including former Trump attorney Rudy Giuliani and former Georgia GOP Chairman David Shafer, have offered commentary on the case and Willis on social media.

Persons: Donald Trump, Fani Willis, Willis, juggles, Trump, Scott McAfee, ” Willis, McAfee, Nathan Wade, Wade, Wade’s, ”, I’ve, ” McAfee, Willis ’, Steve Sadow, Michael J, Moore, ” Moore, they’ve, Buddy Parker, John Eastman, hasn’t, ” Parker, “, ” Willis ’, ‘, ’ ” McAfee, Rudy Giuliani, David Shafer Organizations: CNN, Trump, McAfee, Middle, Georgia GOP, gander Locations: Georgia, Atlanta, Fulton County, Middle District, Trump, “, New York, we’re

CNN —Former President Donald Trump was dealt two major setbacks Thursday in his efforts to derail the criminal cases against him, with judges in the Georgia election interference case and in the federal classified documents case both rejecting bids by the presumptive 2024 GOP presidential nominee to have those cases thrown out. Trump has made similar presidential immunity arguments in the Georgia case and in the classified documents case. She wrote that prosecutors “make no reference to the Presidential Records Act” in the indictment against Trump and did not “rely” on the statute to bring charges. McAfee’s ruling is the latest step inching the state racketeering case against Trump forward. McAfee’s refusal to scrap the indictment comes as the free speech defense has repeatedly fallen short in pretrial wrangling in election meddling cases.

Persons: Donald Trump, Fani Willis, Jack Smith, –, Trump, Aileen Cannon, “, Cannon, ”, Scott McAfee, Willis, ” McAfee, McAfee, Tanya Chutkan, Steve Sadow, Smith, Trump’s Organizations: CNN, Trump, White, Records, Presidential, Circuit, Peach State, McAfee, National Archives, Prosecutors Locations: Georgia, Fulton County, New York, York, Washington ,, Florida, Atlanta, Peach

☆ The market trend is your friend and 'this trend has been extraordinarily powerful': Steve Sosnick
▼ + stars: | 2024-04-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market trend is your friend and 'this trend has been extraordinarily powerful': Steve SosnickSteve Sosnick, Interactive Brokers chief strategist, joins 'Closing Bell Overtime' to discuss the state of the market rally and what to expect going into earnings season.

Persons: Steve Sosnick Steve Sosnick Organizations: Interactive Brokers

☆ Why Goldman Sachs is helping its clients launch ETFs
▼ + stars: | 2024-04-01 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

Investor demand for exchange-traded funds is not slowing down, and firms without ETF offerings may risk losing business, according to one Goldman Sachs expert. "Any number of our clients would tell you, the opportunity cost of not [offering ETF products] is greater," he recently told CNBC's "ETF Edge." To help clients through the process of launching their own ETF products, Goldman Sachs created its ETF Accelerator, a digital platform that helps clients launch, list and manage their own ETF products. The idea was it made it easier to launch an ETF, but it didn't make it easy," Sachs said. It can still take years to build the expertise, headcount and risk management framework necessary to launch an ETF, said Sachs.

Persons: Goldman Sachs, Steve Sachs, Sachs, Brandes Organizations: Eagle, Equity, Quality, Brandes Investment Partners, Value, International, Eagle Capital

☆ Meme stocks are back in fashion. Here's how to find one.
▼ + stars: | 2024-04-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're breaking down how to identify a meme stock . Three years after GameStop upended things, meme stocks are back in fashion. But how does one find a meme stock? (Trump Media doesn't technically qualify as a meme stock under Sosnick's criteria due to the amount of low short interest. Maintaining long-term support for a meme stock remains a tough nut to crack.

Persons: —, Mark Zuckerberg, Satya Nadella, Jenny Chang, Rodriguez, There's, Steve Sosnick, Business Insider's Matthew Fox, David Becker, Chelsea Jia Feng, Donald Trump's, Trump, Bill Gross, BI's Peter Kafka, there's, it's, Pedro Ribeiro Simões, …, Matt Chase, they're, OpenAI's Sam Altman, Sora, Meta, Tyler Le, Jack Canfield's, Jay Marine, Amazon's, Jeff Bezos, Antony Blinken, Emmanuel Macron, Dan DeFrancesco, Hallam Bullock, Grace Lett, Lisa Ryan Organizations: Business, Service, Getty, GameStop, Interactive, Business Insider's, Trump Media, Technology Group, AMC Entertainment, Big Tech, Hollywood, Facebook, NBA, FOX Locations: YOLO, hodlers, Silicon, Paris, Ukraine, Gaza, New York, London, Chicago

☆ Now is probably a good time to hedge against downside risk in the stock market. Here are 4 ways you can protect your portfolio — including 2 that are historically cheap.
▼ + stars: | 2024-03-31 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

But with the market at an all-time high, now is probably a good time to hedge against potential downside, experts say. That's especially the case because there's an elevated degree of risk facing stocks, and the cost of some insurance measures is historically cheap. Related storiesThe S&P 500 also looks overextended on a technical basis, according to many measures. AdvertisementRosenberg Research"The definition of a stretched market is one when the S&P 500 gaps 14% or more above the 200-day trendline. Beyond extreme, in fact — back to 1928, the S&P 500 has only drifted this far above the moving average 7% of the time," Rosenberg said.

Persons: Jim Smigiel, they've, Louis Fed, Phillip Colmar, Colmar, David Rosenberg, Rosenberg, Steve Sosnick, we're, Smigiel, Sosnick Organizations: Service, Nvidia, Microsoft, Bank of America's, Survey, Bank of America, SEI, Fed, Louis Fed Inflation, MRB Partners, Rebels, Rosenberg Research, Interactive Brokers Locations: Ukraine, Russia, Israel, Palestine, Suez

☆ How Goldman Sachs ETF Accelerator works
▼ + stars: | 2024-03-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Goldman Sachs ETF Accelerator worksSteve Sachs, Goldman Sachs global COO, joins CNBC's Bob Pisani to discuss how Goldman Sachs is redefining "active" investing.

Persons: Goldman Sachs, Steve Sachs, Bob Pisani

☆ U.S. or Europe — where's best to invest right now? CNBC Pro Talks goes on the road to find out
▼ + stars: | 2024-03-26 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

This Wednesday at London Business School, CNBC's Steve Sedgwick will ask two market experts where's best to invest right now. Fowler leads UBS' European equity strategy and global derivative strategy teams. Gooch-Peters is a member of Sanlam's global high-quality equity team and leads the global equity team's investment strategy. Fowler leads UBS' European equity strategy and global derivative strategy teams. Gooch-Peters is a member of Sanlam's global high-quality equity team and leads the global equity team's investment strategy.

Persons: Steve Sedgwick, Gerry Fowler, Hannah Gooch, Peters, Fowler, Gooch, Hannah Organizations: CNBC, London Business School, UBS, Chief European, Sanlam Investments, BNP Paribas, Citi, Sanlam Locations: Abrdn, London, . New York, Singapore

☆ Who will be the 2024 Bachelorette? Rumors point to two strong contenders.
▼ + stars: | 2024-03-25 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

She'll likely be one of the women who competed for Joey Graziadei's heart on season 28 of "The Bachelor." According to blogger Reality Steve, there are two frontrunners for "The Bachelorette." Bachelor Nation blogger Reality Steve says there are two clear frontrunners for the 2024 Bachelorette. ABCWarning: Stop reading now if you don't want to know potential spoilers for the season 28 finale of "The Bachelorette." If Kelsey does end up with Joey, that leaves a few strong contenders for Bachelorette from Joey's final four: Daisy, Rachel Nance, and Maria Georgas.

Persons: Joey Graziadei's, Steve, —, Kelsey Anderson, Daisy Kent, Maria, Rachel, Daisy, Kelsey, Joey, Rachel Nance, Maria Georgas Organizations: Service, Nation, Bachelorette, ABC Locations: New Orleans, Minnesota, Hawaii

☆ Mike Gallagher to leave Congress in April, giving GOP an even narrower majority
▼ + stars: | 2024-03-22 | by ( Melanie Zanona | ) edition.cnn.com time to read: +2 min

GOP Rep. Mike Gallagher of Wisconsin will resign from Congress early, handing another blow to Speaker Mike Johnson and his razor thin Republican majority. Once Buck and Gallagher leave, Johnson will be down to a 217-to-213 majority, meaning Republicans will only be able to lose one vote with full attendance and still be able to pass legislation. Gallagher is chairman of the high-profile Select Committee on the Chinese Communist Party, and Gallagher noted the hunt for a new chair once he departs in his announcement. House Majority Leader Steve Scalise downplayed the tightening majority. “It is tough with a five-seat majority, it is tough with a two-seat, one will be the same,” Scalise told CNN.

Persons: Mike Gallagher, Mike Johnson, Gallagher, –, Ken Buck, Buck, Johnson, “ I’ve, ” Gallagher, Steve Scalise, ” Scalise, “, ”, Majorie Taylor Greene Organizations: Republican, NBC News, Chinese Communist Party, CNN, House GOP, House Republicans, GOP Locations: Wisconsin, Colorado, Georgia

☆ Success in Ukraine has become ‘a matter of U.S. credibility,’ Poland minister says
▼ + stars: | 2024-03-20 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Roberto Schmidt | Getty ImagesUkraine succeeding against Russia in the war has become a question of U.S. credibility, Radoslaw Sikorski, Poland's foreign minister, told CNBC. "The success of Ukraine is now a matter of U.S. credibility. Many GOP politicians have called for the aid to be tied to funding for national security efforts at the U.S. southern border and discussions about the Senate-approved aid package to be reformed into a loan package have emerged. Messaging from Trump has however been mixed, as he has also said he would do more than President Joe Biden's administration has done to support Ukraine. His rhetoric has raised questions and concerns about what U.S. support for Ukraine would look like, and if it could even cease if he were reelected.

Persons: Roberto Schmidt, Radoslaw Sikorski, CNBC's Steve Sedgwick, Republican Sen, Lindsey Graham of, Volodymyr Zelenskyy, Zelensky, Trump's, Donald Trump, Trump, Vladimir Putin, Joe Biden's, Dmytro Kuleba, Antony Blinken, Kuleba Organizations: U.S . Capitol, Getty, Russia, CNBC, U.S . House, Representatives, U.S . Senate, Republican, GOP, Ukraine, Messaging, Trump, U.S Locations: Ukraine, Ukrainian, Israel, Washington , DC, U.S, Lindsey Graham of South Carolina, United States, Russia

☆ ‘Alarm bells are ringing’: Poland’s president says NATO must urgently ramp up defense spending
▼ + stars: | 2024-03-19 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Polish President Andrzej Duda speaks to members of the media following a meeting with U.S. President Joe Biden at the White House on March 12, 2024 in Washington, DC. Kevin Dietsch | Getty ImagesPolish President Andrzej Duda said Monday that NATO must urgently increase its defense spending to ensure it does not become the next target of a Russian attack. Duda said it was therefore more critical than ever to ramp up the alliance's military investment, describing his increased spending targets as "common sense." The Polish president, whose country shares a land border with Ukraine, has spearheaded calls to supply weapons to Kyiv since the onset of Russia's full-scale invasion. During a meeting with U.S. President Joe Biden last week, Duda called for NATO to raise its minimum military spending target to 3% of GDP to further strengthen the alliance's defenses.

Persons: Andrzej Duda, Joe Biden, Kevin Dietsch, Duda, Vladimir Putin, CNBC's Steve Sedgwick, Donald Tusk, Tusk, Putin, it's Organizations: U.S, White, Getty, NATO, CNBC, Polish, U.S . House Locations: Washington , DC, Moscow, Ukraine, Poland, U.S, Sweden, Congress, Russia

☆ Trump and co-defendants re-up their efforts to disqualify DA Fani Willis
▼ + stars: | 2024-03-18 | by ( Jason Morris | Zachary Cohen | ) edition.cnn.com time to read: +2 min

If he approves the request, the Georgia Court of Appeals would decide whether to take up the matter. McAfee concluded that if Willis stayed, Wade had to step down in order to dispel the “cloud of impropriety” created by their romantic relationship. Wade, who has testified that his romantic relationship with Willis is over, resigned after the ruling was issued on Friday. Willis and Wade’s relationship was thrust into the spotlight in January when co-defendant Mike Roman filed a motion to disqualify Willis over allegations of an “improper” relationship with Wade, whom she hired in 2021. Trump and his co-defendants wanted the judge to disqualify Willis’ team from the case – or throw out the charges – because of a possible conflict of interest.

Persons: Donald Trump, Fani Willis, Scott McAfee’s, Willis, Steve Sadow, Trump’s, Sadow, “, ” McAfee, Trump, Nathan Wade, McAfee, Wade, ”, Mike Roman, Willis ’, –, Jack Forrest Organizations: CNN, State of, Trump Locations: Georgia, Fulton County, State of Georgia

☆ Behind Trump's campaign cash crunch: Small-dollar donor fatigue, major donor hesitation
▼ + stars: | 2024-03-18 | by ( Brian Schwartz | ) www.cnbc.com time to read: +12 min

The drop in Trump's small-dollar contributors could be significant obstacle as the former president faces the well-funded incumbent president, Democrat Joe Biden. Falling behind BidenEvidence from earlier in the 2024 election cycle already hinted at an erosion of Trump's small-dollar donor base, or support of $200 or less. In January of this year, Trump's campaign reported raising around $3 million from small-dollar donors, according to data from OpenSecrets. Elizabeth Frantz | ReutersMeanwhile, Trump's campaign told The New York Times that February was its strongest month so far in the 2024 campaign cycle for small-dollar donations. Between Jan. 1 and Dec. 31, 2020, Trump's campaign raised over $264 million from small-dollar supporters.

Persons: Donald Trump, Marco Bello, Reuters Donald Trump's, Joe Biden, Biden, Trump's, Elizabeth Frantz, Trump, Shannon Stapleton, John Paulson, Howard Lutnick, Letitia James, Steve Schwarzman, Miriam Adelson, Denise Truscello, Stephen Louro, Long, Louro, Greg Abbott, Elise Stefanik, Haley, Nikki Haley, MAGA, Adrienne Arsht, Mike Segar, Paul Singer, Singer, Paul Singer David A, Singer's, Lara Trump, Jonathan Drake Organizations: Reuters, White, Republican Party, Federal, Commission, U.S, Capitol, Washington , D.C, New York Times, CNBC, Trump, Republican National Committee, RNC, New York, Court, Trump Organization, AFP, Getty, PAC, Democrats, Blackstone, Cleveland Clinic Lou, Brain Health, MGM, Garden, Hamptons, Republican, New York Republican, Republican Texas Gov, South Carolina Gov, Former South Carolina, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, Republicans, Haley, Grogan, American Opportunity Alliance, Politico, North, North Carolina GOP Locations: Lago, Palm Beach , Florida, U.S, Washington ,, New York City, Las Vegas , Nevada, York, Former, Miami , Florida, Houston, New York, North Carolina, Greenville , North Carolina

Elijah Nouvelage | ReutersThe sprawling Georgia election interference case against former President Donald Trump and his co-defendants can continue if either Fulton County District Attorney Fani Willis or prosecutor Nathan Wade removes themselves, Fulton County Superior Court Judge Scott McAfee ruled Friday. Fulton County Superior Judge Scott McAfee looks on during a hearing in the case of the State of Georgia v. Donald John Trump on February 12, 2024 at the Fulton County Courthouse in Atlanta, Georgia. Willis and Wade admitted to the relationship only after it was first alleged in January court filings for defendant Michael Roman. and the prosecutor engaged in an "improper, clandestine personal relationship" and that they profited off the arrangement at taxpayers' expense. But both Willis and Wade insisted their relationship posed neither a personal nor financial conflict, and Willis has decried related claims as "fantastical theories and rank speculation."

Persons: Fani Willis, Nathan Wade, Donald Trump, Elijah Nouvelage, Scott McAfee, Willis, Wade, Trump's, Joe Biden's, Donald John Trump, Alyssa Pointer, Trump, Steve Sadow, Pete Skandalakis, Michael Roman Organizations: Trump, of, NBC News Locations: Fulton County, Atlanta, Georgia, Georgia's, of Georgia, Fulton, Atlanta , Georgia

☆ One year since the collapse of Credit Suisse
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOne year since the collapse of Credit SuisseCNBC's Steve Sedgwick takes us through the final death throes of Credit Suisse, one year on from its collapse.

Persons: Steve Sedgwick Organizations: Suisse

James Crumbley is set to be sentenced on April 9 at 9 a.m., the judge said in court. James Crumbley was shackled and escorted out of the courtroom after the verdict was read and affirmed by each juror. Nicole Beausoleil, the mother of Madisyn Baldwin, reacts to the jury's verdict in the trial of James Crumbley on March 14, 2024. In Michigan, a parent has a legal duty and James Crumbley did not meet that duty,” she said. “James Crumbley was presented with the easiest, most glaring opportunities to prevent the deaths of these four students, and he did nothing,” McDonald said.

Persons: James Crumbley, Crumbley, Ethan Crumbley, Jennifer Crumbley, ’, Nicole Beausoleil, Madisyn Baldwin, Bill Pugliano, Hana St, Juliana, Justin Shilling, Karen McDonald, “ James Crumbley, Mariell Lehman, “, James, ”, McDonald, Robin Buckson, Jennifer Crumbley’s, Jeff Kowalsky, Ethan, ‘, Craig Shilling, Justin Shilling’s, ” Shilling, Steve St, Hana, Buck Myre, Tate Myre’s, it’s, ” Myre, we’ve, Madisyn, ” Beausoleil, James Crumbley’s, Karen, SIG Sauer, Derringer, Prosecutors, Lehman, “ James, Shawn Hopkins, Tate Myre, ” McDonald, ” Lehman Organizations: CNN, Sauer, Oxford High School, Detroit, Prosecutors, Getty, Oxford, Mental, SIG, SIG Sauer, WXYZ, Oxford High, CNN Prosecutors Locations: Michigan, Oakland, AFP, United States, Hana St, Oxford , Michigan

☆ European Central Bank chief economist says we need to 'take our time' to get rate cuts right
▼ + stars: | 2024-03-14 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture of inflationary pressures in June, the institution's chief economist told CNBC. Lane, also a Governing Council member, said the euro zone central bank's March meeting had been an "important milestone" in the accumulation of evidence, and showed the "disinflation process has been ongoing." During the meeting, the ECB held rates and released updated macroeconomic projections, which lowered its inflation forecast for this year to 2.3% from 2.7%. Inflation in the 20-nation bloc eased to 2.6% in February. In a press conference following the March meeting, ECB President Christine Lagarde said market pricing on the timing of rate cuts — which indicate a start in June as of Thursday — "seems to be converging better" with the central bank's view.

Persons: what's, we've, Philip Lane, Steve Sedgwick, Lane, Christine Lagarde Organizations: European Central Bank, CNBC, ECB

☆ TikTok ban: Tech VC Keith Rabois threatens Republicans with funding halt ahead of House vote
▼ + stars: | 2024-03-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

"Will never fund any Republican candidates or leadership PACs (or the NRSC) run by Republicans who vote against the TikTok legislation," venture capitalist Keith Rabois wrote on X. "Support for the TikTok bill is an IQ test" for members of Congress, Rabois wrote in an email to CNBC. In February, Rabois gave $500,000 to the Congressional Leadership Fund, a political action committee that backs House Republican candidates, according to a Federal Election Commission filing. A managing director at Khosla Ventures, Rabois gave just over $41,000 combined last year to the National Republican Senatorial Committee. Rabois said that whether or not he continues to support the NRCC will be partly tied to how Republican leadership handles the upcoming vote.

Persons: Keith Rabois, Will, ByteDance's, Rabois, Donald Trump, Elon Musk, Chuck Schumer, ByteDance, Mike Johnson, Steve Scalise, Tom Emmer, TikTok Organizations: Khosla Ventures, TechCrunch, San Francisco Design Center, Republicans, CNBC, Congressional, Fund, Republican, Tesla, Senate, Democrat, National Republican, Committee, National Republican Congressional Committee, CCP Locations: San Francisco , California, United States, China, American, La

☆ A GOP lawmaker is abruptly leaving Congress, making Mike Johnson's life even harder
▼ + stars: | 2024-03-12 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Rep. Ken Buck, a Colorado Republican, abruptly announced that he's leaving Congress next week. AdvertisementRep. Ken Buck, a Colorado Republican, announced on Tuesday that he will leave Congress next week, further weakening the GOP's already thin House majority. House Republicans must still reach a deal with Senate Democrats and the White House on a long-term spending deal. Fellow Colorado Republican Rep. Lauren Boebert also faces her own difficult decision. A member of the far-right Freedom Caucus, the Colorado Republican has shown an increasing ability to defy his party.

Persons: Ken Buck, Mike Johnson, —, Dana, Trump, Biden, Buck, Mike Johnson's, Johnson, Joe Biden, Jared Polis, Lauren Boebert, Boebert, carpetbagging, Kevin McCarthy, Steve Scalise, Alejandro Mayorkas, impeaching Mayorkas, I've Organizations: Colorado Republican, Service, CNN, GOP, New, Johnson . House Republicans, Democrats, White, Colorado Gov, Homeland, Caucus Locations: Colorado, New York, Ukraine, Israel, Taiwan, Logistically

☆ The proposed TikTok ban has been deemed unconstitutional by some, but framing around national security could help advance it
▼ + stars: | 2024-03-12 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

Read previewThe widely-popular social media app TikTok is once again facing a possible ban in the United States over concerns about its links to China. "It is targeted to address the national security threat that we believe these apps, like TikTok, pose to the United States because of its ownership by a foreign adversary." "The First Amendment protects Americans' right to access social media platforms of their choosing," Krishnan said. Former President Donald Trump in Tulsa, Okla. AP Photo/Sue OgrockiTrump once supported a TikTok ban, but is now against itMeanwhile, Trump — whose administration tried to ban TikTok in the US — but was blocked from doing so in court after TikTok sued — has now come out against a ban for the app. "If you get rid of TikTok, Facebook and Zuckerschmuck will double their business," Trump argued on his social media platform, Truth Social, in a dig at Meta CEO and Facebook founder Mark Zuckerberg.

Persons: —, Donald Trump, Sarah Kreps, TikTok's, weaponize, Steve Scalise, Cathy McMorris Rodgers, McMorris Rodgers, Kreps, ByteDance, Krishnan, TikTok, Sue Ogrocki Trump, Trump, Zuckerschmuck, Mark Zuckerberg, Jenna Leventoff, Leventoff Organizations: Service, Business, Tech, Institute, New York's Cornell University, Foreign, ByteDance Ltd, Republican, GOP, House Energy, Commerce Committee, Fox Business, Columbia University, Columbia Law School, Chinese Communist Party, AP, Facebook, Meta, Commerce, American Civil Liberties Union, Center for Democracy and Technology Locations: United States, China, TikTok's Beijing, New York, Tulsa, Okla, TikTok

☆ House GOP pushes ahead with TikTok bill despite Trump opposition
▼ + stars: | 2024-03-11 | by ( Melanie Zanona | Haley Talbot | ) edition.cnn.com time to read: +6 min

And he recognized that TikTok was a national security threat, and we are proceeding, because that threat continues today,” she said. Nowhere in the bill does it say Tiktok,” Pence told CNN. The measure’s fate, however, is less certain in the Senate, but Scalise told CNN he’s had conversations with senators who are “interested” in the legislation. While many senators told CNN they were still reviewing the legislation Monday night, there is a core group of senators who have expressed support or openness to the House bill. “He’s wrong,” Roy, a House Freedom Caucus member, told CNN.

Persons: Donald Trump, Cathy McMorris Rodgers, TikTok, ”, “ I’m, there’s, McMorris Rodgers, “, Morgan Griffith, doesn’t, Jeff Duncan, CNN he’s, we’ve, ByteDance, ” Duncan, “ We’ve, Greg Pence, Bill, can’t, ’, ” Pence, Steve Scalise, Scalise, Shou Chew, Chew, Mariannette Miller, Meeks, Chip Roy, ” Roy, it’s, Tik Tok, Bob Good, Troy Nehls, Trump, ” Nehls, CNN’s Sam Fossum, Manu Raju, Lauren Fox Organizations: CNN — House Republicans, House Energy, Republican, GOP, of Justice, Energy, Commerce, ”, Caucus, CNN, Chinese Communist Party, South Carolina Republican, Republicans, Punchbowl News, Trump, Rep, Iowa Republican, Texas Republican, Communist, Texas Rep Locations: United States, Virginia, Indiana, Texas, China

☆ TikTok: House panel unanimously approves bill that could ban app from US app stores
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

If enacted, the bill would give ByteDance 165 days, or a little more than five months, to sell TikTok. The legislation also has the support of the White House and House Speaker Mike Johnson. House lawmakers voted unanimously in the same session Thursday to advance a second bill, one that would limit US companies’ ability to sell Americans’ personal information to foreign adversaries. Speaking to reporters on the Capitol steps Thursday, Gallagher rejected characterizations of the bill as a TikTok ban. A legislative factsheet from the sponsors of the House bill claims the proposal does not censor speech.

Persons: ”, TikTok, Shou Chew, Cathy McMorris Rodgers, Frank Pallone, “, ” Pallone, Shou Zi Chew, Jose Luis Magana, Mike Gallagher, Raja Krishnamoorthi, Mike Johnson, Steve Scalise, Washington Sen, Maria Cantwell, ” Cantwell, Gallagher, “ It’s, Dan Crenshaw, It’s, ” Crenshaw, snoop, ByteDance, Trump, Tom Williams, —, “ We’re, Jenna Leventoff, Stephanie Joyce, ” CNN’s Haley Talbot, Melanie Zanona Organizations: Washington CNN, TikTok, House Energy, Commerce, Apple, Google, “, Washington Republican, New, New Jersey Rep, Capitol, Wisconsin Republican, Illinois Democratic Rep, White, Senate, Democratic, Washington, CNN, Chinese Communist Party, Texas Republican, Oracle, American Civil Liberties Union, ACLU, Computer and Communications Industry Association, Foreign Locations: China, New Jersey, Washington, United States, Beijing, State, Rayburn, Montana

☆ What to watch for on Super Tuesday
▼ + stars: | 2024-03-05 | by ( Gregory Krieg | Eric Bradner | ) edition.cnn.com time to read: +15 min

Here are 9 things to watch for:The night the lights go out on HaleyBarring a stunning upset – actually, multiple stunning upsets across the country – Super Tuesday is looking like the end of the road for Haley. While Haley has said she would stay in the race through at least Super Tuesday, she has not hinted at an exit. A North Carolina governor’s race with implications up and down the ballotOn a Super Tuesday with an unusual lack of spice, the North Carolina gubernatorial primary is a rare exception. Mark Robinson and Democratic state Attorney General Josh Stein are expected to coast to their parties’ respective nominations. Down-ballot in Texas, there’s more to watch, starting with the payback campaign of Attorney General Ken Paxton.

Persons: Joe Biden, Donald Trump, Biden, Trump, Nikki Haley, Trump’s, Dianne Feinstein, Haley, –, Liz Cheney, she’s, “, specter, MAGA, Barack Obama, Mark Robinson, Josh Stein, Robinson, Stein, Roy Cooper, Beto O’Rourke’s, Republican Sen, Ted Cruz, Colin Allred, Cruz, Sen, Roland Gutierrez —, Allred, ’, outraising Cruz, Ken Paxton, Paxton, Dade Phelan, He’s, Dianne Feinstein —, Laphonza Butler, Steve Garvey, Adam Schiff, Schiff, Katie Porter, Barbara Lee, Garvey hasn’t, Garvey, Jerry Carl, Barry Moore, Moore, Marjorie Taylor Greene, Carl, Steve Scalise, It’s, Terri Sewell, David Valadao, Michelle Steel, Young Kim, Ken Calvert’s, Katie Porter’s, Scott Baugh, Josh Harder’s, Mike Levin’s, London Breed, George Gascon, CNN’s Simone Pathe, Fredreka Schouten Organizations: CNN, South Carolina Gov, Trump, California Senate, Democrats, Haley, Trump Republicans, Wyoming, GOP, Democratic, MAGA Republicans, Virginia, North, North Carolina Republicans, Carolina governor’s, North Carolina, Republican, Gov, Texas Democrats, Cruz, NFL, Affordable, Texas Legislature, Senate, Democrat, Alabama, showdowns, 2nd, Caucus, Georgia, Louisiana Rep, Chamber of Commerce, California House, Rep, London, Supervisors, District Locations: Alaska, California, Colorado , Minnesota, North Carolina, Alabama, Gaza, Minnesota, South Carolina, Virginia, Carolina, Texas, San Antonio, Uvalde, Tuesday’s, Florida, Montana , Ohio, West Virginia, Arizona, Michigan, Nevada , Pennsylvania, Wisconsin, Orange County, Francisco, Los Angeles

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