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Only a small share of employees work fully remotely. During the pandemic, many departments allowed more staffers to telecommute — though about half of federal employees continued to work fully in person. Looking at all federal employees, nearly 80% of the hours they work are in person, the OMB report found. “I don’t think you can just eliminate a quarter or half of federal employees on an ad hoc basis without paralyzing the government,” he said. It could also prompt talented federal employees to seek jobs in the private sector.
Persons: CNN — Elon Musk, Vivek Ramaswamy, Ramaswamy, Donald Trump, , telecommute, Fareed Zakaria, Everett Kelley, Brian Riedl, , ” Riedl Organizations: CNN, Management, Department of Government Efficiency, OMB, Federal, Department of Agriculture, Homeland Security, Treasury, General Services Administration, Education, Housing, Urban, Treasury Department, American Federation of Government Employees, District of Columbia, Department of Veterans Affairs, Border Patrol, Transportation Security Administration, Congressional, Manhattan Institute Locations: State, Interior
The agreement was criticized by developing nations, who called it insufficient, but United Nations climate chief Simon Steill hailed it as an insurance policy for humanity. It also laid bare divisions between wealthy governments constrained by tight domestic budgets and developing nations reeling from costs of storms, floods and droughts. Delegates applaud during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan on Nov. 24, 2024. Donald Trump’s victory this month has raised doubts among some negotiators that the world’s largest economy would pay into any climate finance goal agreed in Baku. The showdown over financing for developing countries comes in a year that scientists say is destined to be the hottest on record.
Persons: Simon Steill, we’ve, ” Steill, Murad Sezer, Donald Trump’s Organizations: Nations, COP29 United, Change, Republican Locations: BAKU, Baku, Azerbaijan, Paris, U.S, Canada, China, Baku . Trump, Ukraine, Africa, Asia, South America, Valencia, Spain
A Republican senator has blocked the promotion of a general who oversaw troops in Kabul during the U.S. withdrawal from Afghanistan, according to a Senate aide. The move by Oklahoma Sen. Markwayne Mullin follows threats from President-elect Donald Trump to fire senior officers and officials who oversaw the chaotic pullout from Afghanistan in 2021. His nomination was among more than 900 proposed nominations sent to the Senate but Donahue’s was put on hold by Sen. Mullin, according to the Senate aide. Donahue was the last American service member to board the final U.S. military plane out of Afghanistan in 2021. “Unless there are facts I don’t know, holding up military promotions bc of our disgraceful Afghanistan withdrawal is wrong,” she wrote.
Persons: Oklahoma Sen, Markwayne Mullin, Donald Trump, Christopher Donahue, Donahue’s, Sen . Mullin, Donahue, Mattie Neretin, Donahue —, , Tony Thomas, , ” Heather Nauert, Sen, Mullin Organizations: Republican, Oklahoma, NBC, U.S, Army, Washington D.C, Reuters, 82nd Airborne, American, Special Operations Command, State Department, Trump, XVIII Airborne, Fort Liberty Locations: Kabul, Afghanistan, Europe, Washington, U.S, American, Trump’s, North Carolina
President-elect Donald Trump has chosen Brooke Rollins, president of the America First Policy Institute, to be agriculture secretary. “As our next Secretary of Agriculture, Brooke will spearhead the effort to protect American Farmers, who are truly the backbone of our Country,” Trump said in a statement. Department of Agriculture officials and staff negotiate trade deals, guide dietary recommendations, inspect meat, fight wildfires and support rural broadband, among other activities. The America First Policy Institute is a right-leaning think tank whose personnel have worked closely with Trump’s campaign to help shape policy for his incoming administration. Trump has said he again plans to institute sweeping tariffs that are likely to affect the farm sector.
Persons: Donald Trump, Brooke Rollins, Brooke, ” Trump, Rollins, , Trump, Kelly Loeffler Organizations: America, Policy Institute, Agriculture, American Farmers, Senate, Department of Agriculture, American Farmer, American Food, CNN Locations: Trump’s, U.S, Mexico, Canada
Israel’s new defense minister has said security forces would no longer apply administrative detention orders to Jewish settlers in the occupied West Bank, and thus only Palestinian suspects can be held indefinitely without trial. Israel Katz, a long-time ally of Israeli Prime Minister Benjamin Netanyahu, was appointed defense minister earlier in November and announced the decision on Friday. In 2019, Trump abandoned the long-held U.S. position that West Bank settlements are illegal before it was restored by President Joe Biden. Settler immunity from administrative detention coincides with heightened rhetoric from Israeli ministers calling for the West Bank to be annexed. The U.N. said four Palestinian children have been killed every week in the West Bank on average since the current conflict began, a three-fold increase from the first nine months of 2023.
Persons: Donald Trump, Israel Katz, Benjamin Netanyahu, Israel Katz Bebeto Matthews, B’Tselem, Yair Lapid, Israel's, Itamar Ben, Trump, Joe Biden, Israel’s, Bezalel Smotrich, Trump’s, Smotrich, , , Mike Huckabee, Yossi Mekelberg, Defense Lloyd J, Austin, Katz Organizations: West Bank, Palestinian Prisoner Society, National, Palestinian Authority, Arkansas Gov, Arutz, United Nations Office, Humanitarian Affairs, Chatham House’s, NBC, Defense Locations: Gaza, Lebanon, Israel, Bank, U.S, Washington, Arkansas, East, North Africa, South Lebanon
President-elect Donald Trump on Friday announced his picks for critical remaining public health roles in his incoming administration. Trump picked Dr. Janette Nesheiwat for the post. Nesheiwat is a family practice doctor and Fox News medical contributor who is certified by the American Board of Family Medicine. Trump chose Dr. Dave Weldon, a former congressman from Florida, for this post. “As a physician, Dr. Weldon became involved with many health care policy issues, including efforts to ban human cloning and vaccine safety,” the campaign website notes.
Persons: Donald Trump, Robert F, Kennedy Jr, Trump’s, Kennedy, Trump, Janette Nesheiwat, Marty Makary, Makary, Dave Weldon, Weldon, Organizations: Friday, US Department of Health, Human Services, Senate, Fox News, American Board of Family Medicine, American University of, University of Arkansas, Medical Sciences, FDA, Food and Drug Administration, Johns Hopkins University, Makary, CDC, Centers for Disease Control, SUNY, Army, Letterman Army Medical Center, Army Reserve, Trump Locations: Caribbean, St, Maarten, New York, Florida, Buffalo
Nearly 50,000 people from 200 countries — including, for the first time, the Taliban rulers of Afghanistan — were in Azerbaijan for this year’s United Nations Climate Change Conference, with the goal of reaching a critical deal on climate finance. Participating world leaders Tuesday at the United Nations Climate Change Conference. “It is really disappointing to see that world leaders haven’t shown up in force in solidarity,” she added. While Trump “may put climate action on the back burner,” U.S. climate envoy John Podesta said, “the work to contain climate change is going to continue.”U.S. Energy Secretary Jennifer Granholm said states, cities, nongovernmental organizations and companies are still “all-in” on pursuing climate goals. British Prime Minister Keir Starmer speaks Tuesday on day two of the COP29 climate conference.
Persons: Donald Trump, Alexander Nemenov, General Ban, , Ruth Townend, COP29, Joe Biden, Xi Jinping, Keir Starmer, Emmanuel Macron, Olaf Scholz, Justin Trudeau, Shigeru Ishiba, ” Townend, haven’t, Matiul Haq Khalis, Laurent Thomet, Trump, John Podesta, Jennifer Granholm, ” Granholm, Darren Woods, Who, Ilham Aliyev, Carl Court, Getty Images Aliyev, Adel, Lord Adair Turner, Britain, , James Marape, Marape, Asadullah Jawid Organizations: Change, United Nations, Getty, World Meteorological Organization, House, Pacific, British, Seven, Canadian, Japanese, Environmental Protection Agency, Getty Images, U.S . Energy, Infrastructure Law, NBC, Exxon, Independent, Climate Finance, U.S, Energy, Commission, Union, Baku, American University of Locations: BAKU, Azerbaijan, Afghanistan, United States, Paris, AFP, London, Baku, U.S, , Saudi, Adel Al, Saudi Arabia, Saharan Africa, China, Papua New Guinea, American University of Afghanistan
Migrant families and immigration advocacy groups are preparing for millions of families to potentially be separated from each other during the mass deportations planned by President-elect Donald Trump. It is unclear how exactly the deportations will play out and how families will be impacted. In states like Arizona, Colorado and Pennsylvania, mixed-status families, asylum-seekers and advocates say they are planning for scenarios where children could be separated from their parents. Alex Wong / Getty ImagesIn Tucson, Arizona, the Coalición de Derechos Humanos, a group of more than 10 nonprofit organizations, is helping undocumented and mixed-status families create “emergency packets” ahead of potential mass deportations. Advocacy groups are also bracing for state-level changes to immigration enforcement that could result in deportations.
Persons: Donald Trump, , Dennis, Jae C, Lillie, , Trump, , “ He’s, ’ ” Lillie, Tom Homan, Alex Wong, Isabel Garcia, Garcia, ” Garcia, Coalición, noncitizens, Biden, Gabe Gutierrez, David Hathaway, ” Hathaway, he’s, He’s, I’m, Casas, Greg Abbott, “ They’re, ’ ”, Organizations: President, American Immigration Council, U.S . Customs, Border, CBS News, Trump, NBC News, Republican National Convention, ICE Air, NBC, Drug Enforcement Administration, Texas Gov Locations: Arizona , Colorado, Pennsylvania, Nogales Ariz, U.S, Honduras, nonborder U.S, Milwaukee, Tucson , Arizona, Tucson, Arizona, Harlingen , Texas, Texas, Santa Cruz County, Colorado In Denver
President-elect Donald Trump on Friday named Russell Vought, a co-author of Project 2025 who served as a platform policy director for the Republican National Committee, as his pick to lead the Office of Management and Budget. Russell Vought, then-acting director of the Office of Management and Budget, during a hearing in Washington in 2020. If he is confirmed by the Senate, Vought would oversee budget and the execution of Trump's policies across executive departments and agencies. Vought previously served as director of the Office of Management during Trump's first term. He assumed the role after working as deputy director and acting director of that office before his Senate confirmation in July 2020.
Persons: Donald Trump, Russell Vought, Trump, deregulator, Russ, , Tom Williams, , Tom Homan, Brendan Carr, John Ratcliffe, Trump's Organizations: Republican National Committee, Management, Government, People, Inc, Getty, Heritage Foundation, Republican, Federal Communications Commission, Senate Locations: State, Washington
U.S. President-elect Donald Trump said on Friday he has chosen congresswoman Lori Chavez-DeRemer of Oregon to serve as his labor secretary. Trump said Chavez-DeRemer has worked “tirelessly” with business and labor to build the U.S. workforce and support Americans. “I look forward to working with her to create tremendous opportunity for American Workers, to expand training and apprenticeships, to grow wages and improve working conditions, to bring back our Manufacturing jobs,” Trump said in a statement. Rep. Lori Chavez-DeRemer, R-Ore. Bill Clark / CQ-Roll Call, Inc via Getty Images fileChavez-DeRemer, who was elected to Congress in 2022, lost her seat to Democrat Janelle Bynum earlier this month.
Persons: Donald Trump, Lori Chavez, Trump, Chavez, DeRemer, , ” Trump, Bill Clark, Janelle Bynum Organizations: American Workers, Inc, Getty Locations: Oregon
President-elect Donald Trump on Friday nominated Dr. Marty Makary, a pancreatic surgeon at Johns Hopkins University who's made controversial claims about Covid, as commissioner of the Food and Drug Administration. The Agency needs Dr. Marty Makary, a Highly Respected Johns Hopkins Surgical Oncologist and Health Policy Expert, to course-correct and refocus the Agency," Trump said on Truth Social. As FDA commissioner, Makary would be responsible for regulating and overseeing drugs, food, medical devices and other products, such as tobacco and cosmetics. The current FDA commissioner is Dr. Robert Califf, a cardiologist who also held the role during President Barack Obama's second term. Trump had two FDA commissioners during his first term: physician Dr. Scott Gottlieb and oncologist Dr. Stephen Hahn.
Persons: Donald Trump, Marty Makary, Johns Hopkins University who's, Makary, He's, Trump, Robert F, Kennedy Jr, He’s, Noam Galai, Kennedy, Kennedy’s, ” Makary, Dr, Paul Offit, Offit, Robert Califf, Barack Obama's, Scott Gottlieb, oncologist Dr, Stephen Hahn Organizations: Johns Hopkins University, Food and Drug Administration, Johns, World Health, Safety, National Academy of Medicine, National Academies of Science, Engineering, Medicine, Paragon Health Institute, Fox News, FDA, Agency, Johns Hopkins Surgical, Truth, HBO, Street, Biden, Health, Human Services, Children’s Hospital of Philadelphia Locations: Johns Hopkins, New York City, U.S
Dentists began giving kids fluoride treatments. About 70% of community water systems in Florida receive fluoridated water, according to the surgeon general’s release. Parents said their kids’ teeth were full of cavities despite drinking and brushing regularly with what they thought for years was fluoridated water. Adding fluoride to water systems “mitigates the impact of disparities in access to dental care,” said Jetelina, the epidemiologist. “This is one of the beauties of public health — a mainly invisible population intervention, helping the most vulnerable.”Still, the scrutiny continues.
Persons: Joseph Ladapo, Ladapo, , Bruce Lanphear, Katelyn, He’s, Robert F, Kennedy Jr, Donald Trump’s, ” Robert Corp, Jetelina Organizations: American Dental Association, American Academy of Pediatrics, Centers for Disease Control, Simon Fraser University, Pediatrics, NBC, WGRZ, , National Institute of Dental, Craniofacial Research, National Institutes of Health, U.S . Environmental, Agency Locations: Canada, Florida, U.S, Buffalo , New York, Buffalo, Abilene , Kansas, McVille, North Dakota, California
AdvertisementTrump's new Department of Government Efficiency aims to reduce the number of federal workers. Business Insider looked at the highest average salaries of federal civilian employees by occupation. The top 20 had average salaries over $160,000, with medical officers ranking No. Three of the five jobs with the highest average salaries were health-related. Financial analysis workers rounded out the top 20 highest-paying jobs on average; their largest employer, with about 300 analysts, was the Federal Deposit Insurance Corporation.
Persons: Donald Trump's, Elon Musk, Vivek Ramaswamy, Ramaswamy, Trump, Karoline Leavitt, Vance Organizations: of, Efficiency, Business, Trump's Department, Government, Tesla, GOP, Street Journal, Management, Department of Veterans Affairs, Federal Deposit Insurance Corporation, Department of Education, Department of Energy, Trump, mhoff
Trump vs. the FBI, explained
  + stars: | 2024-11-23 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +8 min
But there’s a growing expectation that he will quickly make at least one new vacancy by firing FBI Director Christopher Wray. “There certainly was the question, can any president fire an FBI director when there’s a legislated 10-year term,” Charles said. Robert S. Mueller III, who happened to be the former FBI director. In this 2017 photo, then-President Donald Trump sits with FBI Director Christopher Wray in Quantico, Virginia. Trump wants to go in the opposite direction today and bring the FBI more under the control of the president.
Persons: Donald Trump, Christopher Wray, Trump, Wray, J, Edgar Hoover’s, he’d, James Comey, Comey, Barack Obama, Bill Clinton, William Sessions, Jimmy Carter, Clarence Kelley, Carter, Kelley, Douglas Charles, there’s, ” Charles, Hillary Clinton, Clinton, Andrew Harnik, cascaded, Rod Rosenstein, Rosenstein, Jeff Sessions, Robert S, Mueller III, Mueller, Obama, Trump’s, Paul Manafort, Michael Cohen, Bill Barr, didn’t, Steele, Robert Mueller, Chip Somodevilla, Peter Strzok, Lisa Page, Strzok, Andrew McCabe, McCabe, Wray Wray, John Durham –, Barr, Sessions, Evan Vucci, Douglas Organizations: CNN —, Republican, FBI, Trump, Democratic, GOP, Penn State University, Department, Trump’s Justice Department, NBC News, Senate Intelligence, Justice, Trump’s, Justice Department, Images Trump, CNN, Department of Justice, Teapot Locations: Russia, Washington ,, Washington, New York, Quantico , Virginia
(CNN) — Top telecom executives met with US national security officials at the White House on Friday as concerns mount over a long-running Chinese cyber-espionage campaign that has targeted some of the most senior US political figures in the country. The meetings were a chance for telecom executives to advise the government on how it could boost its defenses against sophisticated hacks, according to the White House. The hack is shaping up to be one of the biggest cyber and national security challenges facing the incoming Trump administration. But the full scope of the hack, who it affects and its impact on national security are still being investigated. US officials and private cyber experts are keeping a running tally of the number of telecom firms breached.
Persons: Trump, ” Sen, Mark Warner, Donald Trump, JD Vance, Jared Kushner, Eric Trump, Edward Snowden, Christopher Wray, ” Morgan Adamski, Adamski Organizations: CNN, — Top, US, White, Democrat, FBI, Warner, Verizon, Lumen, Republican, Democratic, National Security Agency, US Cyber Command, Cyber Command Locations: Virginia, Washington, DC, China, Taiwan, Arlington , Virginia
A sign of United States Department of Agriculture is seen on USDA building in Washington D.C., United States on June 21, 2023. The United States Department of Agriculture has approved selling cell-cultured chicken. (Photo by Celal Gunes/Anadolu Agency via Getty Images)U.S. President-elect Donald Trump is expected to pick Brooke Rollins, president of the America First Policy Institute, to be Agriculture secretary, The Wall Street Journal reported on Saturday. Department of Agriculture officials and staff negotiate trade deals, guide dietary recommendations, inspect meat, fight wildfires and support rural broadband, among other activities. The America First Policy Institute is a right-leaning think tank whose personnel have worked closely with Trump's campaign to help shape policy for his incoming administration.
Persons: Celal Gunes, Donald Trump, Brooke Rollins, Rollins, Trump, Kelly Loeffler Organizations: United States Department of Agriculture, Washington D.C, Anadolu Agency, Getty Images, America, Policy Institute, Street, Department of Agriculture, CNN Locations: Washington, United States, Trump's, U.S, Mexico, Canada
He has plucked two Fox News stars from their airwaves – Sean Duffy for Treasury secretary and Pete Hegseth to lead the Pentagon. Trump’s choice for ambassador to Israel, Mike Huckabee, had a six-year run hosting a Fox News show. As a former reality TV star, Trump is deeply attuned to the power of the small screen. Among the flurry of names for non-Cabinet roles that Trump announced Friday evening were also several former and current Fox News contributors. And Sebastian Gorka, whom Trump named senior director of counterterrorism, was a Fox contributor in 2018 and 2019.
Persons: Donald Trump’s, Sean Duffy, Pete Hegseth, Trump, Mehmet Oz, Linda McMahon, Mike Huckabee, Tulsi Gabbard, Tucker Carlson, Donald Trump, Eva Marie Uzcategui, Duffy, Rachel Campos, , , Oz, Mike Waltz, Kristi Noem, Sen, Marco Rubio, Howard Luntick, Rebecca Quick, I’ve, Doug Burgum, Tom Homan, Homan, ” Trump, Matt Gaetz, Gaetz –, , JD Vance, Scott Applewhite, Pam Bondi, Hegseth, headwinds, Chris Coons, CNN’s Manu Raju, Dr, Janette Nesheiwat, Marty Makary, Robert F, Kennedy Jr, Sebastian Gorka, Neil Gorsuch, Brett Kavanaugh, Larry Kudlow, Christina Bobb, Rupert Murdoch’s, Bret Baier, Kamala Harris, Vance, Rubio, Burgum, ” CNN’s Kate Sullivan, Manu Raju, Alayna Treene, Brian Stelter Organizations: CNN, Fox, Pentagon, Department of Education, Fox News, Trump, TV Cabinet, Fox Business, Medicare, Republicans, South Dakota Gov, Department of Homeland Security, Wall Street, CNBC, Commerce, North Dakota Gov, of, Interior, Republican, Capitol, Florida, and Drug Administration, “ Fox, Department of Health, Human Services, Salem Radio Network, National Economic Council, America News Network Locations: Israel, Mar, Palm Beach , Florida, Wisconsin, Minnesota, Pennsylvania, Florida, America, Spanish, Washington ,, Gaetz, Delaware, Ohio
Opinion | Trump: Protector of Women — or Predators?
  + stars: | 2024-11-23 | by ( Maureen Dowd | ) www.nytimes.com   time to read: 1 min
Donald Trump proclaimed that he would be the protector of women. That seems to involve anointing creeps from whom women need protection. If you want to see women flying high, dominating the landscape and unmasking a fake wizard, see “Wicked.”In Oz, women are defying gravity. In America, many have been grounded, under the thumb of a wicked wizard. Trump set his restoration’s macho tone in a return to Madison Square Garden for an Ultimate Fighting Championship event.
Persons: Donald Trump, , Trump, Marc Caputo, Republican Caesar who’s, he’s Organizations: Madison, Garden, CNN, Republican Locations: America
CNN —President Vladimir Putin said Friday that Russia will continue to test and start mass-producing the hypersonic ballistic missile that it fired at Ukraine Thursday. The firing of the missile came after the White House authorized Ukraine to fire its long-range missiles into Russia. In a televised meeting with the leadership of Russia’s defense ministry, Putin claimed the missile could not be intercepted by air defenses and said Russia will begin serial production of the new weapon. Putin added Russia was developing “several similar systems” for further testing. Putin’s comments come a day after Russia fired the “Oreshnik” missile – which contains multiple warheads – at the Ukrainian city of Dnipro.
Persons: Vladimir Putin, Putin, ” Putin, , Volodymyr Zelensky, ” Zelensky, Donald Tusk Organizations: CNN, Friday, Ukraine, White House, Poland’s, NATO Locations: Russia, Ukraine, Ukrainian, Dnipro
Opinion | Three Theories of the Trump Cabinet
  + stars: | 2024-11-23 | by ( Ross Douthat | ) www.nytimes.com   time to read: +1 min
It did seem, at least, that the appointments to Trump’s cabinet might help us make plausible statements about the trajectory of his administration. That Trump has picked more loyalists than last time is true, inevitable and not especially useful in terms of figuring out how exactly (apart from never appointing a special prosecutor to investigate the boss!) That some of his nominees are eccentric or unfit-seeming and others are more conventional is likewise to be expected. Neither observation gives us a general theory of Trump 2.0. Instead, let’s consider three subtheories of how this cabinet might actually work.
Persons: Donald Trump’s, Trump, let’s, Matthew Zeitlin Organizations: Trump
He promised salvation for a country “in ruins” — an end to immigration, a civil service stripped of entrenched left-wing opponents, a judiciary purged of meddlesome judges and a news media giving voice to the people instead of elites. Those campaign pledges — similar to ones made by Donald J. Trump during his successful bid for a second term as U.S. president — helped bring Jaroslaw Kaczynski and his nationalist Law and Justice party to power in Poland in 2015. More than a year after an election that ended that party’s eight-year rule, its liberal successors are still struggling to undo the “new state apparatus” that Mr. Kaczynski helped put in place and that legal experts say seriously damaged Poland’s legal system. Unwinding the legacy of populist conservative rule “takes longer than you expect,” said Adam Bodnar, the justice minister at the forefront of the new government’s efforts to reverse Poland’s retreat from liberal democracy under Law and Justice.
Persons: Donald J, Trump, , Jaroslaw Kaczynski, Kaczynski, , , Adam Bodnar Organizations: Justice, Law Locations: Poland
AdvertisementBluesky's user base surged to 21 million, prompting the company to race to get more servers. Its growth follows users leaving X, with over 280,000 closing their accounts on Election Day. Bluesky has "blown past" its user growth projections so much that it's racing to get more servers to keep the site running smoothly, the social media platform's chief operating officer has said. AdvertisementThe social media network has surpassed 21 million users, up from 13 million in October, as X users have left in droves and flocked to the platform. The US election appears to have triggered a migration of X users to Bluesky, which has been praised because of its similarity to the "old Twitter."
Persons: Rose Wang, Bluesky, Wang, Gordon MacMillan, X's, Elon Musk, Donald Trump, Jack Dorsey, Jay Gruber, Dorsey, Musk, Elon Organizations: Twitter, Wired
AdvertisementChristophe Barraud predicted a Republican sweep and spike in the 10-year yield. Barraud, a top US economy forecaster, expects GDP growth to exceed consensus forecasts. He also expects higher inflation and shares concerns over the deficit crossing 7.5% of GDP. AdvertisementHe previously said that US GDP growth in 2025 would be stronger than expected at 2.1%, above Bloomberg's consensus forecast of 1.9%. A stronger labor market will cause this, especially wage growth and new job creation, combined with labor shortages from restrictive immigration policy.
Persons: Christophe Barraud, Kamala Harris, Donald Trump, Barraud, I'm, Trump Organizations: Republican, Market Securities Monaco, Bloomberg, Trump, Congressional, Office, Tax Foundation
Musk recently said his choice for the influential Treasury secretary role would be Howard Lutnick. As President-elect Donald Trump assembles the key players to drive his new administration's agenda, Elon Musk is rarely far away. Trump tapped hedge fund manager Scott Bessent, the founder and chief executive of Key Square Group, to be his next Treasury secretary on Friday. Bessent, a Wall Street veteran and a top economic advisor to Trump, emerged as a favorite of the president-elect while on the campaign trail this year. The Wall Street Journal reported that Trump sought advice from Wall Street leaders for the Treasury spot, and his advisors told him that analysts would view Bessent as a stabilizing figure.
Persons: Elon, Donald Trump's, Musk, Howard Lutnick, Trump, Scott Bessent, Donald Trump, Elon Musk, Vivek Ramaswamy, Bessent, Cantor Fitzgerald, Organizations: Mar, UFC, of Government Efficiency, Trump, Key Square, Wall Street, Senate, Street Journal, Treasury, Business Locations: Lago, Florida, New York, Trump's, United States
AdvertisementVolkswagen is committed to China despite a "ruinous" domestic EV price war, its brand chief says. Volkswagen remains firmly committed to China despite a "ruinous" EV price war by domestic rivals that has hit overseas automakers hard, its boss said. VW group sales in China fell by 12% in the first nine months of this year amid the rising popularity of models made by domestic manufacturers. Toyota maintained its top spot in the world for the fourth consecutive year in 2023, selling 11.2 million vehicles globally — about 2 million more than the VW group. "We build cars in China for China; the same is happening in Europe and North America.
Persons: Thomas Schäfer, Schäfer, Axel Springer, Mary Barra, Wang He, Donald Trump's, Trump, Elijah Nouvelage Organizations: Volkswagen, VW, Welt, Business, General, Rival German, BMW, Mercedes, Benz, Audi, Porsche, Labor, Toyota Locations: China, Germany, Europe, Spain, Czech Republic, Portugal, Slovakia, USA, Mexico, Canada, Chattanooga , Tennessee, North America
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