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Today β€” 22 December 2024Axios News

Congress' age debate reignites over member living in retirement home

22 December 2024 at 12:41

Congress' long-simmering debate over the age of its members has resurfaced over revelations that Rep. Kay Granger (R-Texas) has been living in an independent living facility in Texas.

Why it matters: The retiring former House Appropriations Committee chair's absence from votes since July has led some of her colleagues to raise concerns.


The latest: Granger acknowledged in a Sunday statement to Axios that she has "been navigating some unforeseen health challenges over the past year."

  • "Since early September, my health challenges have progressed making frequent travel to Washington both difficult and unpredictable."
  • Granger's son Brandon told the Dallas Morning News that she has been "having some dementia issues late in the year."

Yes, but: Brandon Granger pushed back on a report from the Dallas Express – whose CEO Chris Putnam ran against GrangerΒ in 2020 – that his mother was living in a memory care facility.

  • Instead, he said, she resides in the independent living facility of Tradition Senior Living in Fort Worth, which advertises itself as a "luxury senior living community."
  • A source familiar with the matter told Axios that Granger moved into the independent senior living facility around July.

What they're saying: Rep. Ritchie Torres (D-N.Y.) told Axios in a statement that the public "is entitled to far greater transparency about the health of the elected officials who represent them."

  • "The incapacitation of an elected official is a material fact that should be disclosed to the public, rather than concealed by staff," he added.
  • Rep. Ro Khanna (D-Calif.) called for term limits in a post on X, saying Granger's absence "reveals the problem with a Congress that rewards seniority & relationships more than merit & ideas."
  • Rep. Thomas Massie (R-Ky.) said in a post on X responding to the Dallas Express report that he is "more concerned about the congressmen who have dementia and are still voting."

Zoom in: A House Republican, speaking on the condition of anonymity regarding Granger's absence, says it's "absolutely" worrying because her constituents "don't have a vote."

  • The lawmaker said there's not enough political will yet to address Congress' age issue, but "there should be."

What we're hearing: The first source told Axios that Granger would have made different preparations had she known she would be unable to vote towards the end of the session, citing the unforeseen progression of her illness.

  • Granger was also clear with leadership about her situation and said she would return to D.C. to vote if she was needed, the source said.
  • The source also argued that her resignation would have left the seat vacant until January and still created a representation issue.

Zoom out: Granger stepped down as the Appropriations Committee chair in April and will retire on Jan. 3 when her term expires.

  • Granger's status was highlighted by her missing a vote on Friday to avert a government shutdown, despite her past leadership of the panel that deals with government funding.
  • She was, however, present at the Capitol in November when her portrait was unveiled to honor her long-standing work as a member of the House Appropriations Committee.
  • Granger said in her statement on Sunday that, while in D.C. last month, she was able to hold "meetings on behalf of my constituents, express my gratitude to my staff, and oversee the closure of my Washington office."

Between the lines: While leadership may have been kept in the loop, several rank-and-file House members from both parties told Axios they were unaware of Granger's living situation until this weekend.

  • Rep. Tony Gonzales (R-Texas), a member of Granger's delegation, said Sunday on CBS News' "Face the Nation" that he was not aware of Granger's condition but acknowledged there was "no doubt a lot of us knew she was gaining in age like a lot of members do."

Go deeper: Charted: Baby Boomers rule Congress

Christmas Eve 2024: Store hours for Costco, Walmart, Walgreens, Target and more

22 December 2024 at 11:00

Many retailers are extending store hours in the final shopping days before Christmas, but most stores will close early on Christmas Eve.

The big picture: Time is running out to shop for last-minute gifts in-store and order them online for pickup or delivery.


Store hours for Christmas Eve 2024

Here are Christmas Eve hours for major retailers, which can vary by location and by mall.

  • It's best to check store websites or apps to plan accordingly.
  • Curbside and in-store pickup hours also can vary from store hours.

Academy Sports + Outdoors Christmas Eve hours

Hours: 7am to 7pm Christmas Eve. Check local hours here.

Apple Christmas Eve store hours 2024

Hours: Most stores close at 6pm Tuesday but opening times vary.

Banana Republic Christmas Eve hours

Hours: Vary, but most stores close at 6pm Tuesday.

Barnes & Noble Christmas Eve hours

Hours: Stores close at 6pm Tuesday.

Bass Pro Shops Christmas Eve hours

Hours: 9am to 6pm Tuesday. Check local hours here.

Bath & Body Works Christmas Eve hours

Hours: Opening times vary, but stores close at 4pm local time, the company told Axios.

What's next: Bath & Body Works starts its semi-annual sale Thursday, Dec. 26.

Belk Christmas Eve hours 2024

Hours: Most stores open 7am to 6pm Christmas Eve.

Best Buy Christmas Eve hours 2024

Hours: 8am to 7pm Tuesday; closed on Christmas Day. Check local hours here.

Big Lots Christmas Eve hours

Hours: 7am to 8pm Tuesday. See local stores here.

Between the lines: Big Lots announced last week it would close all of its stores and would start liquidation sales soon.

BJ's Wholesale Christmas Eve hours

Hours: Clubs open 8am to 6pm Christmas Eve.

Burlington Christmas Eve hours

Hours: Most stores open 7am to 9pm Tuesday for Christmas Eve. Check local hours here.

Costco Wholesale Christmas Eve hours 2023

Hours: 9am to 5pm Christmas Eve. Check club hours here.

  • Costco clubs closed Christmas and New Year's Day.

CVS Christmas Eve and Christmas Day hours

Hours: Vary. Some stores are open regular hours, but others have reduced hours.

  • Check your local hours here.

Dick's Sporting Goods Christmas Eve hours

Hours: 7am to 6pm Christmas Eve. Store locator here.

Dillard's Christmas Eve hours

Hours: 10am to 6pm Tuesday. Find local hours here.

Dollar General Christmas Eve hours

Hours: Stores open until 10pm Christmas Eve.

Dollar Tree Christmas Eve hours

Hours: 8am to 8pm Christmas Eve. Closed Christmas Day.

  • Find locations here.

Family Dollar Christmas Eve hours

Hours: Regular hours for Christmas Eve, which are generally 8am to 10pm.

Five Below Christmas Eve hours

Hours: 8am to 6pm Christmas Eve. Find local hours here.

GameStop Christmas Eve 2024 hours

Hours: Vary with some stores closing at 10pm.

Gap Christmas Eve hours

Hours: Vary. Check local hours here.

Hobby Lobby hours for Christmas Eve

Hours: 9am to 5:30pm Tuesday. Find locations here.

Home Depot hours for Christmas Eve

Hours: Vary, but many open 6am to 5pm Tuesday.

  • Check local hours here.

HomeGoods Christmas Eve hours

Hours: Most stores open 7am to 6pm Christmas Eve. Find locations here.

JCPenney Christmas Eve hours

Hours: Stores open 9am to 6pm Christmas Eve.

Kohl's Christmas Eve hours 2024

Hours: 7am to 8pm Christmas Eve.

  • Find locations here.

Lowe's Christmas Eve hours

Hours: Stores will close at 6pm Christmas Eve.

Macy's Christmas Eve hours 2024

Hours: 8am to 7pm Christmas Eve. Find locations here.

Marshalls Christmas Eve hours

Hours: Most stores open 7am to 6pm Christmas Eve.

Meijer Christmas Eve hours 2024

Hours: Stores open until 7pm Christmas Eve and closed Christmas Day.

Menards Christmas Eve hours

Hours: Open until 5pm Tuesday.

Michaels Christmas Eve hours

Hours: 7am to 6pm for Christmas Eve. Find locations here.

Nordstrom, Nordstrom Rack Christmas Eve hours

Hours: Vary but most open until 6pm Tuesday.

Office Depot, OfficeMax Christmas Eve hours

Hours: Stores close at 5pm Christmas Eve.

Old Navy Christmas Eve hours

Hours: Opening times vary but most stores close at 6pm Christmas Eve.

Petco hours for Christmas Eve

Hours: Stores close by 7pm Christmas Eve.

PetSmart Christmas Eve store hours

Hours: 9am to 6pm Tuesday. Check local hours here.

Rite Aid Christmas Eve hours

Hours: Vary on Tuesday, but stores are closed on Christmas Day.

  • Find locations here.

Ross Christmas Eve hours

Hours: Vary for Christmas Eve but many stores open until 10pm Tuesday.

Sam's Club Christmas Eve hours

Hours: Clubs close 6pm on Christmas Eve.

  • Sam's Club locations are closed Christmas and New Year's Day.

Staples Christmas Eve hours

Hours: Stores close at 6pm Tuesday. Find locations here.

Target Christmas Eve hours 2024

Hours: 7am to 8pm Christmas Eve.

  • Most Target stores are open extended hours 7am to midnight through Monday. See store locator here.

T.J. Maxx Christmas Eve hours

Hours: Most stores will be open 7am to 6pm Dec. 24. Find locations here.

Tractor Supply Christmas Eve hours

Hours: 7am to 6pm Christmas Eve.

Ulta Christmas Eve hours

Hours: 6am to 6pm Christmas Eve.

  • Christmas Eve curbside pickup hours: 8am to 5pm most locations.
  • Find locations here.

Walgreens hours for Christmas Eve 2024

Hours: Most stores open regular hours but pharmacy hours vary.

  • All 24-hour stores will be open 24 hours on Christmas Eve and Christmas Day.
  • Most Walgreens stores will be open 9am to 6pm Christmas Day, the company said on its website.

Walmart Christmas Eve hours 2024

Hours: All stores open until 6pm local time Christmas Eve; closed Christmas.

Walmart is open normal hours through Monday, Dec. 23, which for most stores is 6am to 11pm daily. Check local hours here.

More from Axios:

Trump muses about keeping TikTok "around for a little while"

22 December 2024 at 10:43

President-elect Trump suggested Sunday that he might let TikTok stick around in the U.S., boasting his success on the app.

Why it matters: The popular short-form video app could be banned in the U.S. in less than a month β€” but Trump, who threatened to boot the app during his first term, has suggested he'd offer TikTok a lifeline.


  • TikTok is staring down a Jan. 19 ban. But before then, the Supreme Court will hear arguments over whether the bipartisan law that forced the app's sale by its parent company is constitutional.

Driving the news: "We did go on TikTok and we had a great response with billions of views," Trump said to cheers at AmericaFest, hosted by Turning Point USA and Turning Point Action. He added, "They brought me a chart ... and as I looked at it, I said, maybe we got to keep this sucker around for a little while."

  • Trump touted his success among young voters, who the campaign courted for months β€” in particular, they targeted young men with podcast appearances and macho man messaging.
  • He's previously said he has a "warm spot" in his "heart for TikTok."

Catch up quick: Trump joined the embattled app in June and has since amassed 14.7 million followers.

  • His TikTok-friendly tone is a sharp departure from his stance during his first White House tenure when he issued an executive order that would have banned U.S. companies from making transactions with Bytedance, the app's parent company.
  • His TikTok flip-flop was a surprise given his bullish approach to China.

Reality check: It's unclear how Trump would intervene to stop the TikTok time bomb created through federal law and signed by President Biden.

  • He'd likely receive pushback from members of his party who supported the legislation on Capitol Hill.
  • Trump also doesn't take office until Jan. 20 β€” and a president-elect can't enact policy via speech or social media post.

Go deeper: Frank McCourt's Project Liberty advances bid for TikTok

"Our prime minister": Republicans embrace Elon Musk's role in Trumpworld

22 December 2024 at 09:54

Republican members of Congress took to the Sunday shows to praise Trump lieutenant Elon Musk's involvement in last week's government funding saga, with one likening him to "our prime minister."

Why it matters: The tech billionaire's influence is being fueled by threats to fund electoral challenges against those who defy him, creating a powerful incentive for Republicans to go along with his demands.

  • Democrats have harshly criticized Musk for lambasting and ultimately helping to kill a bipartisan government funding deal they struck with House Speaker Mike Johnson (R-La.) last week.
  • Musk also threatened to fund "moderate" primary challenges against Democrats in solidly blue districts.

What they're saying: "It's kind of interesting, we have a president, we have a vice president, we have a speaker. It feels like Elon Musk is our prime minister," Rep. Tony Gonzales (R-Texas) said in a CBS "Face the Nation" hit.

  • Gonzales said he spoke with Musk "a couple times this week," adding that "many of us" did so while acknowledging the Tesla CEO is "unelected."
  • Sen. Rand Paul (R-Ky.) said on Fox Business' "Sunday Morning Futures" that his idea to elect Musk as House speaker "might have been tongue-in-cheek," but, "I do appreciate his input."
  • "Thank god Elon Musk bought Twitter, because that's the only way we would even know what's in this bill," Sen. Bill Hagerty (R-Tenn.) said of Musk's efforts to kill the bipartisan bill on CNN's "State of the Union."

Yes, but: Hagerty pushed back on Democrats' assertions that Musk is pulling Trump's strings, saying Trump is "clearly the leader" of the Republican Party.

  • Musk's influence "doesn't bother me a bit," Haggerty said, adding he is "appreciative of the fact that President Trump has that type of talent available to advise him."

The other side: Sen. Chris Coons (D-Del.) said on "State of the Union" that he is "concerned" about what Musk's role "is going to mean."

  • Coons, like other Democrats, noted that the revised version of the spending bill excluded restrictions on outbound investment to China that were part of the original bill Musk harangued.
  • "Given that Tesla has a major new factory in Shanghai, that may actually benefit Elon Musk's business," Coons alleged.

Go deeper: Musk barrages GOP to blow up "criminal" spending deal

Trump names Biden admin critic Miran head of Council of Economic Advisers

22 December 2024 at 08:22

President-elect Trump tapped Stephen Miran, an economist who served in his first administration, as chairman of the Council of Economic Advisers.

Why it matters: This past summer, Miran co-authored a paper accusing the Biden administration of manipulating the economy ahead of the election.


Driving the news: Trump announced Miran's appointment in a Truth Social post Sunday morning.

  • "Steve will work with the rest of my Economic Team to deliver a Great Economic Boom that lifts up all Americans," Trump wrote.
  • The three-member CEA, whose chair must be confirmed by the Senate, advises the president on economic policy.

Zoom out: Miran, a fellow at the Manhattan Institute, was senior advisor for economic policy at the Treasury Department during Trump's first term.

The intrigue: Last July, Miran and Nouriel Roubini published a paper accusing the administration of manipulating debt markets and "usurping" a core function of the Federal Reserve to hold down long-term interest rates ahead of the election.

  • Treasury vehemently denied the allegation.

Miran has been critical of Fed chairman Jerome Powell as well, saying he was "wrong politically and economically" to recommend a major stimulus package in late 2020.

What they're saying: "I look forward to working to help implement the President's policy agenda to create a booming, noninflationary economy that brings prosperity to all Americans!" Miran posted on X.

Trump demands return of Panama Canal if fees aren't cut

22 December 2024 at 07:08

President-elect Trump demanded Panamanian authorities either lower fees for U.S. ships to transit the Panama Canal, or return its control to the United States.

Why it matters: The U.S. ceded one of the world's most crucial pieces of infrastructure in 1999, and China has become increasingly influential in its operations since.


Catch up quick: Trump, in a lengthy series of Saturday evening posts to Truth Social, said American naval and commercial ships were being treated in an "unfair and injudicious way."

  • Trump blasted past administrations for returning the canal to Panama's control, which he called a "token of cooperation."
  • "If the principles, both moral and legal, of this magnanimous gesture of giving are not followed, then we will demand that the Panama Canal be returned to us, in full, and without question," Trump said.

Context: Panama granted the U.S. the right to build the canal and control the land on either side in 1904.

  • In 1977 President Jimmy Carter signed a treaty that returned the canal to full Panamanian control by the end of 1999 in exchange for its permanent neutrality.

By the numbers: About 10,000 ships a year transit the canal, though in recent times severe drought has limited capacity and helped push transit rates higher.

  • The International Trade Administration estimates more than 70% of all ships transiting the canal are going to or from a U.S. port.
  • About 2.5% of all global maritime trade passes through the canal, per McKinsey.

The intrigue: China has invested heavily in operations in the Canal Zone in recent years, raising concerns about the zone's neutrality.

  • In 2021 the Center for Strategic and International Studies warned a "key decision point" was coming for U.S. interests in the region, given China's expansion.
  • The U.S. ambassador reportedly cautioned last year about the situation not escalating to where Panama has to choose between the U.S. and China.

What they're saying: Panamanian politicians took to social media to blast Trump's statement.

  • "This young Panamanian independent deputy will defend his country with his life if necessary," National Assembly member Manuel Alberto Samaniego Rodriguez posted on X, calling Trump's remarks "regrettable."

Turning Point festival mobilizes Trump youth, podcast army

22 December 2024 at 06:27

PHOENIX β€” Five hundred fans of Charlie Kirk β€” the 31-year-old founder and CEO of Turning Point USA, the MAGA-verse's biggest outside group β€” broke into applause Saturday as Kirk welcomed former Rep. Matt Gaetz (R-Fla.) to the stage for a taping of "The Charlie Kirk Show" podcast.

  • "I wish they were all members of the United States Senate," Gaetz joshed, a month after withdrawing as President-elect Trump's choice for attorney general, and with release expected imminently of a House Ethics Committee report on his conduct.
  • "I think they want you to be pope!" Kirk quipped.
  • "I'm a Baptist!" Gaetz joshed.

Why it matters: Kirk is one of the biggest winners of November's election who wasn't on the ballot. He'll introduce Trump today as the climactic guest of Turning Point's annual AmericaFest. This year's victory-lap edition is a triumphalist, four-day MAGAstock that drew 21,000 Trump diehards, many in college, to the desert the weekend before Christmas.

Kirk, who caught snippets of college football playoff games backstage, is the boyish, often controversial leader of a MAGA army that will:

  1. Bring grassroots pressure on Republican senators to confirm all Trump nominees. "Confirm the Mandate" is how Turning Point Action, Kirk's political arm, puts it.
  2. Insist GOP lawmakers hew the Trump line. In a tectonic change for the right, Turning Point is happy to be as combative with Republicans as with Democrats.
  3. Push Trumpers nationwide to act on Elon Musk's insistence, which Kirk repeated onstage, that everyday users of X "are the media now."

Between the lines: It's all backed by a vast network of friendly podcasts, dozens of which are taping here on elaborate sets that sometimes even include teleprompters. "Media Row" is actually two huge wings of the Phoenix Convention Center atrium.

  • Kirk is close to Trump, Vice President-elect Vance, Don Jr. and Tucker Carlson. During the election, Turning Point Action launched a high-risk, high-reward "Chase the Vote" turnout operation for Trump β€” and won big.
  • Kirk has become one of the most popular pitchmen for products aimed at "patriots": "Use promo code KIRK today." At the Gaetz taping, audience members had to show proof of membership in "Charlie Kirk Exclusive," the podcast's paid tier.
A cardboard cutout of Charlie Kirk at Turning Point USA's AmericaFest at the Phoenix Convention Center. Photo: Rebecca Noble/Getty Images

By the numbers: Turning Point β€” which also holds a Student Action Summit, a Young Women's Leadership Summit and a Pastors Summit β€” tells Axios this weekend's AmFest is the group's largest-ever multiday event, with 6,000 students among the 21,000 attendees.

  • Turning Point Action staged massive Trump rallies during the campaign, including co-hosting the 20,000-person RFK Jr. endorsement event in Glendale, Ariz., in August, and drawing 16,000 in Duluth, Ga., and 18,000 in Vegas in the campaign's closing two weeks.
  • Turning Point USA has 1,000+ college chapters and 1,200 high school chapters β€” plus a presence at 3,500+ other colleges and high schools (not yet school-sanctioned, but in the process of trying to get recognized).

The big picture: This year's AmFest has "an air not only of celebration but muscle-flexing," The Wall Street Journal's Aaron Zitner writes.

  • "Trump's frequent appearances on podcasts, a medium suited to his freewheeling, off-the-cuff banter, wasn't only credited here with drawing young and minority voters to the GOP but with validating the power of new media platforms."

What's next: During an onstage parade of fire-and-brimstone pastors last night at AmFest's "Faith Night," Kirk warned attendees to arrive as early as 6:30 a.m. to get a seat for Trump's 10:30 a.m. speech. Kirk quipped: "I have a feeling the college kids are not gonna go to sleep tonight!"

Prepping for the end of TikTok

22 December 2024 at 05:56

In less than a month, TikTok could be banned in the U.S. β€” and the fate of a multibillion-dollar creator economy is at stake.

Why it matters: The global influencer industry is worth about $250 billion, Goldman Sachs estimates. TikTok is where the big money is, and where many influencers have built their largest and most loyal followings.


For many influencers, β€œthis could be an extinction-level event,” says James Nord, founder and CEO of Fohr, an influencer marketing company.

Driving the news: The Supreme Court will hear arguments on Jan. 10 over whether the law to force a sale of TikTok from its parent company or face a ban is constitutional, Axios' Maria Curi notes.

  • TikTok is racing against the clock with a Jan. 19 ban looming.

Lawmakers have told Google and Apple to be ready to remove it from their U.S. app stores on Jan. 19.

  • People who have already downloaded TikTok can keep using it for some time, but it will no longer update, making the app buggy and eventually useless.

Zoom out: TikTok has a stunning 170 million users in the U.S., and just 32% of Americans support a ban, according to a Pew Research Center survey.

  • But lawmakers and experts have identified national security reasons to restrict the app as long as it holds its connection to China, including the spread of misinformation and espionage.

Zoom in: Some TikTok personalities are attempting to get ahead of the ban by asking followers to find them on Instagram or YouTube.

  • "I don't think there's longevity on this app in the United States," Chris Burkett, a lifestyle influencer with 1.3 million TikTok followers, said in a video urging people to follow him on Instagram.
  • "There's been so many false alarms ... Anyways, I very much do exist on another place ... so if you want to keep in touch," Audrey Peters, a fashion and beauty influencer with a million followers, said in a video.

But for many others and the brands they work with, business is humming along as usual. β€œEverything’s kind of going status quo. Contracts are still moving,” Nord says.

  • Just 1 in 3 beauty influencers said they were somewhat or very worried about a ban in an October Fohr survey. β€œIt’s a product of them talking about this for so many years but it not happening,” says Nord.
  • In some contracts, brands and influencers are agreeing to work together on Instagram if TikTok goes away, but that’s an imperfect strategy.

Reality check: Many influencers’ Instagram or YouTube followings are orders of magnitude smaller than their TikTok audiences.

  • Many don’t even have large enough followings on those other platforms to get brand deals or make money from content.

Case in point: Fohr analyzed the TikTok and Instagram accounts of nearly 23,000 creators in its network.

  • 39% of them had more followers on TikTok than on Instagram, and the average difference in number of followers was +182,000 on TikTok.

What's next: If TikTok is banned and eventually becomes obsolete, the influencers who relied on it for income likely won't get unemployment or other benefits.

  • β€œThis could be unique in that I don’t know if there’s been a law since prohibition that will shut down so many small businesses overnight,” Nord says. β€œAnd as of now, the government is not offering any support.”

Sens. Warnock and Lankford call for unity in polarized America

22 December 2024 at 04:01

Sens. Raphael Warnock (D-Ga.) and James Lankford (R-Okla.) compared U.S. political polarization and fatigue to family dynamics in an interview with NBC's "Meet the Press."

The big picture: The comments from the only two ordained ministers in the Senate come as the nation grapples with a divisive post-election ideological divide.


  • Case in point: Lawmakers grappled this week with gaining bipartisan support for a spending bill to avoid a government shutdown.
  • The full interview with NBC's Kristen Welker will air on a special edition ofΒ "Meet the Press"Β on Sunday morning.

Zoom in: Warnock said bipartisan work "is as basic as the American covenant," according to a transcript provided to Axios.

  • He added that while there are differences of opinion, "the issue is our humanity and trying to build and strengthen the American family."
  • Asked how lawmakers can reach across the aisle, Lankford said he believes most people don't identify first with their parties but rather as human beings and neighbors. The question, he said, is how to get "people who disagree [to] sit down and figure it out? That's where we are."
  • He added, "Unfortunately, Washington, D.C. is a mirror to the country that the country doesn't really like."
  • Rather than trying to figure out how to be bipartisan, "we're supposed to figure out how to solve problems," Lankford said. "I think that's the emotion of the country, is they want it to be fixed, but they can't figure out how it's going to actually happen.

Between the lines: The percentage of Americans who say they have a great deal or a fair amount of trust in the mass media has fallen to a record low.

  • Engagement with political news and news generally is also down considerably compared to the previous presidential primary election cycle.

The bottom line: Warnock said he thinks what "we're dealing with is the fundamental assault on that basic understanding that we are the American family" and that "all families have a complicated story."

  • He added, "We have differences, but we sit together and we work it out."

Go deeper: MLK's daughter urges Americans not to tune out Trump's inauguration

Yesterday β€” 21 December 2024Axios News

How Rap Snacks CEO James Lindsay built a multi-million dollar hip-hop snack empire

21 December 2024 at 13:00

James Lindsay, the founder and CEO of Rap Snacks, has carved out a unique niche in the consumer goods industry by merging his passion for snacking and hip-hop culture.

The big picture: A native of Philadelphia and an alumnus of Cheyney University, Lindsay's entrepreneurial path reflects roughly 30 years of dedication, creativity and guidance.


  • Starting with a $40,000 loan from friends and family, Lindsay has built a debt-free multimillion-dollar company fueled by the fastest-growing convenience store potato chip brand in the U.S.

Driving the news: In 2025, Rap Snacks will celebrate its 30th anniversary, continuing its legacy as a cultural staple in the era following hip-hop's monumental 50th anniversary.

What they're saying: "Hip-hop was on the rise then (1995), and I saw an opportunity to merge snacking with music," Lindsay told Axios.

  • "I wrote down the idea for Rap Snacks one night and called a manufacturer the next day. Despite knowing little about the snack industry, I developed the product, sold 800 cases in two months, and the rest is history."

Catch up quickly: While working as a sales rep for Johnson Products Company, Lindsay developed a love for consumer goods and learned about product distribution under George E. Johnson, the founder of Johnson Products, a mentor who significantly influenced his entrepreneurial journey.

  • "I didn't even know I was being mentored back then, but working with Mr. Johnson, I learned so much about business and persistence."
  • Then, Lindsay noticed that snack products in local corner stores didn't represent Black culture or resonate with urban youth.
  • "Mentors taught me about product distribution, packaging, and marketingβ€”skills I didn't have when I started."

Zoom out: Rap Snacks has featured major artists like Cardi B and the Migos, but the original packaging had a generic mascot, "MC Potato," until Lindsay pitched Universal Music Group, offering to feature their artists on his bags.

  • "They loved the concept and even paid us to advertise their artists," he said. "Over time, we expanded partnerships to include artists. These collaborations made Rap Snacks a cultural phenomenon."
  • In 2010, he worked with Meek Mill to connect his brand with corporate America. They secured partnerships with companies, such as Puma, Monster Energy Drink, and Ciroc.
  • "That experience showed me the power of leveraging hip-hop culture to create value in the corporate world."

Zoom in: In 2017, Rap Snacks expanded into other food categories, including noodles, cereals, rice, candy, and even honey buns.

What's next: Lindsay owns several brands, including Mr. G Snacks and a better-for-you line called "Do the Right Thing," which offers vegetable-based snacks. He's also launching a new brand to compete with Takis.

  • "My goal is to have a presence in every store aisle," he said.

Lindsay says his climb to success proves that cultural representation and business savvy can reshape industriesβ€”and he hopes to inspire the next generation of entrepreneurs to dream just as boldly.

  • "We're setting an example for other brands to embrace diversity without fear that it won't sell," Lindsay said. "Our products not only resonate culturally but also deliver superior taste, ensuring repeat customers."

Asked what advice Lindsay would give aspiring entrepreneurs, he said, "love what you do," treat people with respect and don't rush.

  • "If you're only in it for the money, sustaining the energy needed to overcome challenges is hard," he said.

Biden signs bill funding government through March, averting shutdown

21 December 2024 at 09:38

President Biden signed a three-month stopgap funding measure into law on Saturday after Congress acted at the last minute to avert a government funding lapse.

Why it matters: Both chambers of Congress passed the measure in a flurry of activity late Friday and into Saturday morning, capping a chaotic week on Capitol Hill that demonstrated President-elect Trump's influence over lawmakers.


  • The House and Senate hours earlier passed the measure by overwhelming margins.
  • The funding agreement runs through March 14 and also includes a one-year Farm Bill extension and over $100 billion in disaster relief for hurricane-ravaged areas.

What he's saying: "This agreement represents a compromise, which means neither side got everything it wanted," Biden said in a statement.

  • "But it rejects the accelerated pathway to a tax cut for billionaires that Republicans sought, and it ensures the government can continue to operate at full capacity."
  • "That's good news for the American people, especially as families gather to celebrate this holiday season," the president added.

The big picture: Trump blew up an initial bipartisan agreement earlier this week, demanding that Congress also raise the debt limit before the end of the year.

  • That led to a revised bill that would have suspended the debt limit for two years.
  • That measure failed spectacularly in the House on Thursday night, and the debt limit provision was nixed.

Go deeper: Jeffries' plan to kill the debt ceiling forever

Editor's note: This story has been updated with a statement from Biden.

When people finish holiday shopping

21 December 2024 at 03:00
Data: NRF and Prosper Insights December Holiday Consumer Survey; Chart: Axios Visuals

If you're feeling behind on your Christmas shopping, you're not alone.

The big picture: A majority of holiday shoppers plan to finish buying gifts the week leading up to Christmas, an annual survey found.


  • "Whether shoppers have planned out their shopping list or are waiting until the last minute," many are still shopping in the days before Dec. 25 said Phil Rist, executive vice president of strategy at Prosper Insights & Analytics.

Yes, but: 58% of shoppers started checking off their gift lists in early November, according to the data from the National Retail Federation and Prosper Insights & Analytics.

  • Black Friday and Cyber Monday deals in late November drive many shoppers to get their gifts in early at discounted prices.
  • Even with the early start, 62% of shoppers didn't expect to start wrapping their holiday purchases until December.

Zoom in: As of early December, Americans had purchased half the gifts on their shopping lists on average, while only 10% were finished.

  • The near-majority of shoppers (49%) finish their shopping online. They're also going to department stores, discount stores and clothing and accessory stores.

Between the lines: Most shoppers opt for a head start on shopping to spread out their spending.

  • Each shopper is expected to spend an average of $902 across gifts, food, decorations and other seasonal items.
  • Avoiding crowds and the stress of last minute shopping are other top reasons people start holiday shopping early.

Super Saturday shopping

Super Saturday, the last Saturday before Christmas, falls on Dec. 21 this year and is one of the biggest shopping days of the season.

  • An estimated 157.2 million people plan to shop on the last Saturday before Christmas, according to the NRF survey.
  • That's up from 141.9 million Super Saturday shoppers last year and is the second-highest number after 2022's 158.5 million figure.

What they're saying: Katherine Cullen, NRF vice president of industry and consumer insights, noted Super Saturday is one of the last opportunities to buy the remaining items on peoples' shopping lists.

  • "With a shortened window between Thanksgiving and Christmas this year, consumers will be hitting stores and shopping online to get those final gifts and to take advantage of special promotions and deals," she added.

More from Axios:

The limits of the MAGA-verse

21 December 2024 at 02:30

The MAGA-verse, with President-elect Trump and Elon Musk at the helm, continues to wield unprecedented power over Congress β€” but it has also found its limits.

Why it matters: Three times now, the influential voices surrounding Trump β€” often organizing on X β€”Β have failed to get exactly what they want.


Just since Trump and Congressional Republicans electoral victories...

  • John Thune was elected to be Senate majority leader, despite a fevered push by Trump allies to elect Sen. Rick Scott (R-Fla.) He didn't even make it past the first round of votes.
  • Former Rep. Matt Gaetz (R-Fla.) was forced to withdraw from consideration to be attorney general. Despite being celebrated by some in Trump's orbit, the votes weren't there from Senate Republicans.
  • 38 House Republicans defied Trump by voting against a short-term spending deal he explicitly asked for.
  • Congressional Republicans went against Trump's wishes again by voting for a spending bill that didn't include an increase in the country's debt ceiling.

What we're hearing: "I think the big loser in all this is probably [Speaker Mike] Johnson β€” but also Trump," one Republican senator told Axios, requesting anonymity to speak candidly.

  • Raising or suspending the debt ceiling was "the one thing [Trump] said he wanted, and they're not gonna give it to him."

Between the lines: There is no denying that an X post from Musk or a Truth Social post from Trump still holds significant sway over an important bloc of Congressional Republicans.

  • But they have proven to be far more effective at shooting down ideas and plans, rather than making the case for things.
  • One notable exception: The outpouring of support for Trump's Defense secretary nominee, Pete Hegseth seemed to help keep his nomination fight alive after a brutal week early this month.

More million-dollar listings

21 December 2024 at 02:30
Data: Redfin; Chart: Axios Visuals

Homes listed over $1 million are taking up a larger share of the market, per Redfin.

The big picture: Wealthy people are the ones who can play in this market. Million-dollar homes grew 1 percentage point to 9.3% in 2024 from 2023, Redfin found.


The intrigue: The number of U.S. cities in which typical home values are above $1 million climbed to 550 in 2024 from 491.

The bottom line: U.S. median home prices have nearly doubled over the last decade.

Mike Johnson's GOP rebels want a leader who is "forceful like Nancy Pelosi"

21 December 2024 at 03:00

House Speaker Mike Johnson (R-La.) notched a major win Friday by averting a government shutdown, but it has not taken him out of the woods in his fight to retain the speaker's gavel on Jan. 3.

Why it matters: Johnson will likely be able to bank just one GOP defection and still win. Many in the right-wing Freedom Caucus aren't committing to vote for him yet.


  • "Everybody's got different issues," Rep. Ralph Norman (R-S.C.) said of his fellow undecideds – including opinions on what Johnson "should be doing to rally support for various issues."
  • Some, he said, wish the notoriously congenial speaker was "more forceful like Nancy Pelosi."

State of play: Rep. Thomas Massie (R-Ky.) said this week he will vote for an alternative candidate – burning the single vote Johnson will likely have to spare in his incoming 219-215 majority.

  • Plenty more said they are undecided, including Norman and Reps. Tim Burchett (R-Tenn.), Andy Biggs (R-Ariz.), Troy Nehls (R-Texas) and Victoria Spartz (R-Ind.).
  • Rep. Marjorie Taylor Greene (R-Ga.) floated making Elon Musk speaker, including in a survey sent out by email from her congressional office.
  • Rep. Josh Brecheen (R-Okla.), asked after the Friday spending vote whether he will support Johnson on Jan. 3, told Axios: "No comment."

What they're saying: Rep. Eli Crane (R-Ariz.), another undecided, told Axios on Friday that "it's possible" Johnson will have trouble securing the support he needs.

  • "I've heard of many frustrations of people outside the Freedom Caucus" as well as inside, Crane added.
  • After Friday's vote, Norman told Axios: "We can't let this happen again. We've got to force the issue."
  • Freedom Caucus Chair Andy Harris (R-Md.), who told Axios on Wednesday he was supporting Johnson, declared after the vote Friday he was "now undecided."

Between the lines: Johnson, like Kevin McCarthy before him, has faced frequent uprisings from his most right-leaning members for working across the aisle on issues like Ukraine aid and government funding.

  • The right has also pressed GOP leadership to be more willing to shut the government down or even allow the U.S. to default on its debts in order to secure concessions from Democrats on spending and social policy.
  • Both McCarthy and Johnson have opted to cut deals with Democrats than allow those scenarios to play out.
  • Massie and Greene tried to oust Johnson from the speakership in May, but just 10 Republicans voted for the motion to remove him while 163 Democrats crossed the aisle to rescue him.

Yes, but: For the moment, Johnson retains by far the biggest asset of any GOP speaker candidate – the support of President-elect Trump.

  • Johnson was unanimously renominated for speaker by the House Republican conference last month after Trump endorsed him in the room.
  • Burchett, asked about Johnson's reelection chances on Friday, said Trump "will play a role in that" and that Johnson "did what he asked" on the spending fight.

Zoom in: Rep. Max Miller (R-Ohio), who has been one of Johnson's harshest critics at times, said the speaker handled the funding fight "the best way that he possibly could."

  • "I just don't know who'd be next, and I don't want the chaos. We all want stability," Miller said of the speaker vote.
  • Another House Republican who has been critical of Johnson at times told Axios they "haven't heard much about" any organized effort to defeat him.

The bottom line: Johnson will likely have a whip operation on his hands for the two weeks leading up to the vote.

  • "It's such a slim majority that he'd be foolish to not want to touch base with everybody just to make sure," said Rep. Eric Burlison (R-Mo.).

Before yesterdayAxios News

Scoop: Jeffries' plan to kill the debt ceiling forever

20 December 2024 at 15:31

House Minority Leader Hakeem Jeffries (D-N.Y.) has privately floated embracing the wholesale elimination of the debt limit next year rather than simply raising it, Axios has learned.

Why it matters: President-elect Trump will almost certainly need Democratic votes when the debt limit's "X-date" is reached β€” which experts say could be as soon as mid-June.


  • Republicans have a significant bloc of debt and deficit hawks who will likely vote against raising the debt ceiling under any circumstances.
  • That gives the Democratic leader considerable leverage to use the debt limit to force concessions.

State of play: House Democrats ruled out touching the debt ceiling as part of the government funding negotiations.

  • When the funding fight is wrapped up, Jeffries has said, his party may engage with Trump's demand that the debt ceiling be done away with, according to a senior Democratic lawmaker and two other sources familiar with the matter.

Zoom out: Trump stunned Capitol Hill on Thursday by vowing to "lead the charge" to abolish the debt ceiling as part of a government funding bill.

  • Democrats opted for formal opposition to the idea β€”Β with many arguing it would simply be a blank check for Trump's tax cuts.
  • But scrapping the debt ceiling is a proposal many in the party have long embraced β€”Β and some Democrats like Rep. Don Beyer (D-Va.) and Sen. Elizabeth Warren (D-Mass.) couldn't help but endorse Trump's stipulation.

What we're hearing: Rep. Brendan Boyle (D-Pa.), Jeffries' leader on the House Budget Committee, has been telling colleagues "all week" that they should push for the elimination of the debt limit, a House Democrat told Axios.

  • Boyle introduced a bill with dozens of his House Democratic colleagues last year to allow the Treasury Department to keep paying down the federal debt unless a veto-proof majority of Congress votes to stop them.
  • He told Axios: "I believe 2025 is the time to permanently end the perennial debt ceiling dysfunction. I have been advocating for my Debt Ceiling Reform Act, which would end the debt ceiling as we know it."

Zoom in: Eliminating the debt limit has also been discussed amongst Senate Democrats, with Warren raising the issue in private caucus meetings this week, per sources.

  • Warren will become the top Democrat on the influential Senate Banking Committee next year, shaping the caucus' messaging on fiscal fights next year.

Yes, but: Trump would likely have trouble with his own side and face pressure to back off eliminating the debt ceiling if he pursues it.

  • Nearly 40 Republicans voted with Democrats against a government funding bill on Thursday that included a two-year debt limit extension.
  • That vote came even after Trump's potent threat of primary challenges against Republicans who defy him.

The bottom line: One senior Democratic aide told Axios that Elon Musk's involvement in spending negotiations had poisoned the well and that the party was focused on averting a government shutdown.

  • If that is done, the aide said, the party would engage in discussions about how to address the debt limit.

Mike Johnson's magic debt ceiling promise

20 December 2024 at 15:25

House Speaker Mike Johnson (R-La.) relied on an unclear, unrealistic and unenforceable promise on the debt ceiling to convince President-elect Trump and House conservatives to keep the government open.

  • It worked.

Why it matters: Trump killed Johnson's Plan A because it didn't include anything on the debt ceiling.


  • Democrats and 38 Republicans killed Johnson's Plan B because it did.
  • Don't ask about Plan C: It lived a short, unhappy life, mostly confined to X.
  • Johnson's Plan D survived because Republicans pretended the debt ceiling was in the agreement and Democrats know that it's not.

The Senate is poised to pass the bill as soon as Friday night after it overwhelmingly cleared the House, 366 to 34, in the evening. More Democrats (196) voted for it than Republicans (170); all the no votes came from GOP House members. One Democrat voted present.

Zoom in: In the end, the bill that carried bipartisan votes was the obvious one that had been staring at leadership for weeks.

  • The government will be funded for three months.
  • The White House and Democrats avoid a shutdown in Biden's waning days. They also finally get the $100 billion in emergency spending they have pursued for months.
  • Republicans can claim $10 billion in economic assistance for farmers.

Between the lines: Trump officials have been quietly contemplating a deal on the debt ceiling for weeks, but they apparently only sprang it on Johnson in the last 48 hours. That doomed an agreement that was already on shaky ground.

Inside the GOP conference, there are broadly two views on the debt ceiling.

  • Some Trump loyalists see the debt ceiling as a ticking time bomb, set to detonate in the middle of Trump's first year. The smartest thing to do, they say, is to defuse it now.
  • But GOP hardliners think of the debt ceiling as a grenade that they hold. The pin is pulled. Don't make them drop it with more unfunded spending.
  • The promise Johnson made gives the hardliners, in theory, what they want: $2.5 trillion in deficit reduction on mandatory spending for a $1.5 trillion increase in the debt limit.

Reality check: Privately, conservatives admit that ratio is too good to be true.

  • Under current policy, the deficit is expected to come in at $1.9 trillion for fiscal year 2025, meaning Congress will need that $1.5 trillion pretty quickly.
  • Extending Trump's tax cuts is expected to cost another $4 trillion over 10 years.
  • Then consider the Trump-Vance campaign promise for tip earners, Social Security recipients and families, which will cost trillions more.

The bottom line: That will make extending Trump's tax cuts, not to mention legislating any new ones, very difficult to achieve if Trump and congressional Republicans are serious about cutting deficit spending.

  • It also puts enormous pressure on Elon Musk to find some massive savings in mandatory spending programs, like Medicare and Social Security, that Trump has promised not to touch.

Schumer and Biden eclipse McConnell and Trump on confirming judges

20 December 2024 at 15:15

Senate Majority Leader Chuck Schumer (D-N.Y.) confirmed his 235th federal judge on Friday, breaking the record set by Republicans under the first Trump administration.

Why it matters: It's the most confirmations in a single term since the Carter administration and the end of the line for Democratic judicial nominees for at least four years.


  • Schumer confirmed 22 federal judges in the Senate's lame-duck session. It was his top priority before leaving power.
  • Schumer and Democrats beat the GOP record from the first Trump administration by just one judge.

The big picture: The 235 confirmations set a new benchmark that President-elect Trump and incoming Senate Majority Leader John Thune (R-S.D.) will undoubtedly try to best.

  • Schumer confirmed many of the judges with a bipartisan coalition of votes. He had just a one-seat majority for the last two years of the Biden administration.
  • Thune will have more wiggle room in his first two years as leader, with a majority of three seats.

Trump's coming House headaches

20 December 2024 at 14:48
Data: Pew Research Center; Note: Data counts independents with the party they caucus with. 119th Congress includes Republican Reps. Elise Stefanik (R-N.Y.) and Mike Waltz (R-Fla.), who are expected to resign in early January to take up positions in the Trump administration; Chart: Axios Visuals

For the first time in modern history, the House majority will rest on thinner margins than the Senate's in the 119th Congress.

Why it matters: The House is going to be a bigger headache for President-elect Trump than the Senate.


  • The chaos of the past few days is just the tasting menu for a banquet of what's to come in two weeks.
  • "This is comparatively straightforward," Sen. Josh Hawley (R-Mo.) told reporters about the government shutdown showdown. "Reconciliation is very tough. It's very complicated, and they can't manage this. This has been a disaster."

What to watch: The Senate plans to use reconciliation to work around the filibuster and pass political priorities with a simple majority.

  • They can even afford to lose a couple of votes from the likes of Sens. Lisa Murkowski (R-Alaska), Susan Collins (R-Maine) or Rand Paul (R-Ky.)
  • But they could face a dilemma the House usually has to deal with β€” watching a bill get changed or die in the other chamber.

By the numbers: The 119th Congress will begin with six more Senate Republicans than Senate Democrats, while the House will start with four more Republicans than Democrats, assuming former Rep. Matt Gaetz (R-Fla.) does not get sworn in for a new term.

Incoming Majority Leader John Thune (R-S.D.) called the statistic "wild."

  • "Any time you have a narrow margin, it's a challenge, whether it's the Senate or the House," he said, adding leaders will "do our best to make sure we keep the team as united as possible."

It's the first time the House has had a smaller majority than the Senate since at least the 88th Congress, which was the first time there were 435 representatives and 100 senators.

  • The House margin will get even smaller, fast. Reps. Elise Stefanick (R-N.Y.) and Mike Waltz (R-Fla.) are expected to join the Trump administration, leaving their seats empty, at least temporarily.
  • Sens. JD Vance (R-Ohio) and Marco Rubio (R-Fla.) will also vacate their Senate seats for top Trump posts next month. Their seats will likely be quickly filled by governor appointments.

Musk endorses Germany's far-right AfD party

20 December 2024 at 09:19

Elon Musk seemingly endorsed the far-right, anti-immigration Alternative for Germany (AfD) party on Friday.

The big picture: The X owner has used his social media platform to promote his own ideologies. Since gaining more influence in the incoming Trump administration, the billionaire CEO appears to be exercising that power over politics in the U.S. and abroad.


Driving the news: "Only the AfD can save Germany," Musk posted on X.

  • His message was in response to a post from German right-wing influencer Naomi Seibt, criticizing conservative chancellor candidate Friedrich Merz.

Context: Germany will hold a snap election in February, after a center-left coalition government led by Chancellor Olaf Scholz collapsed.

  • AfD became the first far-right party this year to win a regional election in Germany since World War II.

What to watch: The party last month said it would throw out three of its members who were arrested on suspicion of having joined an "extremist" paramilitary group.

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