❌

Normal view

There are new articles available, click to refresh the page.
Today β€” 22 December 2024Main stream

Trump names several new White House picks to work on AI, crypto and more: 'America First Patriots'

22 December 2024 at 18:08

President-elect Donald Trump unleashed a slew of nominations on Sunday night, naming several new people to serve in his forthcoming administration.

In several Truth Social posts on Sunday, Trump introduced various experts to work in the White House on issues ranging from defense to technology to budgeting. The Republican leader began by naming Stephen Alexander Vaden as his nominee for deputy secretary of the Department of Agriculture.

"In my First Term, Stephen was the General Counsel of the Department of Agriculture, and a Member of the Board of the Commodity Credit Corporation, where he won two cases before the United States Supreme Court, relocated and reorganized the Agencies that comprise the Department to better serve Rural America, and engaged in substantial regulatory reform," Trump wrote in a post.Β 

"Stephen joined the USDA on Day One of my First Term, and left in December 2020 after I nominated him, and the U.S. Senate confirmed him, to continue to serve the American People as an Article III Judge on the Court of International Trade," he added. "Judge Stephen Vaden resides in Union City, Tennessee, where he helps manage his family farm. Congratulations Stephen!"

TRUMP NOMINATES PAIR TO HELP LEAD DOJ, ANNOUNCES FEDERAL RAILROAD ADMINISTRATION PICK

Trump followed up his first post by naming a "slate of America First Patriots" to work with Pete Hegseth, his nominee for secretary of defense and a former "Fox & Friends Weekend" co-host. Trump nominated Stephen Feinberg as the next deputy secretary of defense, and said Feinberg would "Help Make the Pentagon Great Again."

"An extremely successful businessman, Stephen is a Princeton graduate, who founded his company, Cerberus, in 1992," Trump wrote. "In addition to his leadership at Cerberus, from 2018 to January 2021, Stephen served as Chairman of my Intelligence Advisory Board."

The president-elect went on to name Elbridge "Bridge" Colby as his pick for under secretary of defense for policy.

"A highly respected advocate for our America First foreign and defense policy, Bridge will work closely with my outstanding Secretary of Defense Nominee, Pete Hegseth, to restore our Military power, and achieve my policy of PEACE THROUGH STRENGTH," Trump said, noting that Colby graduated from Harvard University and Yale Law School.Β 

"Bridge served with distinction in the Pentagon in my First Term, leading the effort on my landmark 2018 Defense strategy…and will make an excellent addition to my team, who will, Make America Great Again!"

Trump then named Michael Duffey and Emil Michael as his picks for under secretary of defense for acquisition and sustainment, and undersecretary of defense for research and engineering, respectively.

"Mike will drive change at the Pentagon and, as a staunch proponent of an America First approach to our National Defense, will work to revitalize our Defense Industrial Base, and rebuild our Military," Trump said of Duffey.

Trump added that Emil Michael would "ensure that our Military has the most technologically sophisticated weapons in the World, while saving A LOT of money for our Taxpayers."

GET TO KNOW DONALD TRUMP'S CABINET: WHO HAS THE PRESIDENT-ELECT PICKED SO FAR?

"Emil is a graduate of Harvard University, and has a Law degree from Stanford," Trump wrote. "He is a one of the most respected leaders in the Tech business, and will be a champion for the Troops, and our Great Country."

For his next defense-related picks, Trump announced Keith Bass as his nominee for assistant secretary of defense for health affairs, and that Joe Kasper would serve as chief of staff for the secretary of defense. Kasper worked in the first Trump administration in support roles, in addition to Capitol Hill.Β 

Bass, a retired Navy commander, would be "leading the charge to ensure our Troops are healthy, and receiving the best Medical Care possible," Trump said.Β 

Next, Trump announced Scott Kupor as his pick for the director of the Office of Personnel Management. Trump noted that Kupor was the first employee at Andreessen Horowitz, a venture capital firm where he is now a managing partner.

"Scott will bring much needed reform to our federal workforce. Scott graduated Phi Beta Kappa from Stanford University, with a bachelor’s degree in Public Policy," Trump wrote. "He also holds a Law degree, with distinction, from Stanford University. Congratulations Scott!"

In his final bundle of nominations, the Republican president-elect announced his picks for tech-related roles. Trump began by naming Michael J.K. Kratsios as his new director of the White House Office of Science and Technology Policy.

Kratsios, who will also serve as an assistant to the president for science and technology, holds a degree from Princeton University. Trump noted that he previously served as an under secretary of defense for research & engineering at the Pentagon, among other roles.

LAWMAKERS REACT TO STOPGAP FUNDING AND AVERTING GOVERNMENT SHUTDOWN

Trump added that Dr. Lynne Parker will serve as executive director of the President's Council of Advisors on Science and Technology, and counselor to the director of the White House Office of Science and Technology Policy.Β 

"Dr. Parker previously served as Deputy U.S. CTO, and Founding Director of the National Artificial Intelligence Initiative Office," Trump said. "She received her PhD in Computer Science from MIT."

Trump's last two picks were Bo Hines and Sriram Krishnan. Hines will be the executive director of the Presidential Council of Advisers for Digital Assets, which Trump described as a "a new advisory group composed of luminaries from the Crypto industry."

"In his new role, Bo will work with David to foster innovation and growth in the digital assets space, while ensuring industry leaders have the resources they need to succeed," Trump wrote, adding that Krishnan will serve as senior policy advisor for artificial intelligence at the White House Office of Science and Technology Policy.

"Working closely with David Sacks, Sriram will focus on ensuring continued American leadership in A.I., and help shape and coordinate A.I. policy across Government, including working with the President’s Council of Advisors on Science and Technology," Trump wrote. "Sriram started his career at Microsoft as a founding member of Windows Azure."

Trump nominates Callista Gingrich as U.S. ambassador to Switzerland, announces other picks

22 December 2024 at 16:42

President-elect Trump on Sunday named Callista Gingrich, wife to former Speaker of the House Newt Gingrich, as one of his latest U.S. ambassador nominees.

Writing on Truth Social, Trump wrote that he picked Gingrich to serve as U.S. ambassador to Switzerland, citing her previous ambassadorial experience in his first administration. Gingrich, and the other ambassador nominees, will need to be confirmed by the U.S. Senate.

"Happily married to the Great Newt Gingrich, Callista previously served, with distinction, as my Ambassador to the Holy See," Trump's post read. "During her tenure, Callista worked to advance and defend international religious freedom, combat human trafficking, and provide humanitarian assistance around the World."

"Callista graduated, with honors, from Luther College in Decorah, Iowa, with a Bachelor of Arts in Music in 1988," the Republican leader added. "Congratulations!"

TRUMP NOMINATES PAIR TO HELP LEAD DOJ, ANNOUNCES FEDERAL RAILROAD ADMINISTRATION PICK

Trump later wrote that he has nominated Mauricio Claver-Carone as a U.S. special envoy for Latin America. Special envoy positions are different from ambassador roles, as they are shorter and typically meant to fulfill a specific mission.

Trump cited "chaos and anarchy" at the U.S. southern border in his announcement about Claver-Carone.

"It is time to restore order in our own hemisphere," Trump wrote. "Mauricio knows the region, and how to put America’s interests FIRST."

GET TO KNOW DONALD TRUMP'S CABINET: WHO HAS THE PRESIDENT-ELECT PICKED SO FAR?

"He also knows the dire threats we face from illegal mass migration and fentanyl," he added. "As the State Department’s Special Envoy, Mauricio will work tirelessly to protect the American People."

In a third post, Trump named Ken Howery, a co-founder of PayPal, as his pick for U.S. ambassador to the Kingdom of Denmark. Howery previously served as a U.S. ambassador to Sweden, and Trump wrote that he "served our National brilliantly" in that role.

"As a Co-Founder of PayPal and venture capital fund, Founders Fund, Ken turned American Innovation and Tech leadership into Global success stories, and that experience will be invaluable in representing us abroad," Trump explained. "For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity…Thank you Ken, and congratulations!"

Trump reveals the exact time his admin will be β€˜fully operational’ in first rally-style speech since election

22 December 2024 at 12:25

President-elect Trump estimated the exact time his administration will be "fully operational" on Jan. 20 in his first rally-styled speech since his decisive win over Vice President Kamala Harris last month.Β 

"You just have a few days to wait. We're going to be fully operational, I would say, by about 2:00 on the 20th," Trump said from the AmericaFest stage.Β 

Trump took the stage of the Phoenix Convention Center Sunday as part of Turning Point’s annual AmericaFest – a four-day event billed as part of the "biggest conservative movement in the country" – where the president took a victory lap for his electoral win last month, and to also preview his administration in the waning days of the transition period.Β 

"The thing that brings people together is victory. It's winning. And we had that for much of my first year. We had the most – we had the greatest economy in history, in our first term. We can now call it a first term. We had the greatest economy in the history of our country, maybe in the history of any country, frankly. And we had – we did things that nobody could have done. And we're going to do them even better now. We're going to be drilling, as we say, β€˜drill, baby, drill.’ We're going to drill, baby drill, but we're going to be doing a lot more than drilling," he said of his win and upcoming administration.Β 

TRUMP SET TO DELIVER FIRST RALLY-STYLED SPEECH SINCE DECISIVE ELECTION WIN: 'BIGGEST CONSERVATIVE MOVEMENT'

On Saturday evening, Trump issued a message on Truth Social, calling for the U.S. to regain control of the Panama Canal. He elaborated during his speech Sunday that "we will demand that the Panama Canal be returned to the United States of America in full, quickly and without question."

"A secure Panama Canal is crucial for U.S. commerce and rapid deployment of the Navy from the Atlantic, all the way to the Pacific. It's an incredible thing. And drastically cut shipping times down to U.S. ports by days and even weeks. The United States is the number one user of the Panama Canal, with over 72% of all transits heading to or from U.S. ports. Think of that. So we built it. We're the ones that use it. They gave it away," he said.Β 

The canal had been under American control since its construction was completed, and it began operations in 1914. It was handed over to Panama during President Jimmy Carter's administration in 1977.

Trump also previewed his upcoming administration, saying that in addition to carrying out the "largest deportation operation in American history," his admin will also roll out an advertising campaign highlighting the evils of drug use, spotlighting fentanyl that flows across the border.Β 

"We're going to do very big advertising campaigns, just like a campaign for running for president. We spend a lot of money, but it'll be a very small amount of money, relatively. We're going to advertise how bad drugs are for you, how bad they are. They ruin your look. They ruin your face. They ruin your skin. They ruin your teeth. If you want to have horrible teeth, take a lot of fentanyl. If you want to have skin that looks so terrible, take fentanyl," he said.Β 

Efforts to bolster border security and deport illegal immigrants in the nation, Trump said, will also include efforts to secure the northern border.Β 

"Canada allows people and drugs to flood in through our northern border. You know, we have a northern border that's not doing so well either. Likewise, people are coming in from Mexico in numbers that have never, ever been seen before. We had 21 million people come in over the past four years," he said.Β 

WHITE HOUSE PRESSED ON BIDEN REFUSING TO SPEAK PUBLICLY AHEAD OF SHUTDOWN

Trump's speech on Sunday followed Congress avoiding a prolonged government shutdown early Saturday morning. Members of the House returned to the negotiating table last week after Trump and allies such as Elon Musk slammed a more than 1,500-page bill as "outrageous" and rife with excessive spending.Β 

Trump called on Republicans to suspend the debt limit as part of their talks to avert a government shutdown. The final bill, however, did not include a suspension of the debt ceiling.

Trump has not spoken publicly since the bill’s passage, including on Sunday, although sources told Fox News that the incoming president is not that happy with the bill.Β 

In his speech, Trump again reaffirmed his support for former Fox News host Pete Hegseth as secretary of defense in his second administration, as Hegseth battles allegations of sexual misconduct and excessive drinking while rallying support for his confirmation among senators. Hegseth has denied the allegations and vowed that he won't drink "a drop of alcohol" if confirmed to Trump's Cabinet.

TRUMP NOMINATES TV PRODUCER, CREATOR OF 'THE APPRENTICE,' TO SERVE IN NEW ADMINISTRATION

"To get wokeness out of our military and restore the unquestioned strength and fighting spirit of the American armed forces, I have appointed Pete Hegseth to be our next secretary of the defense. He's going to be great. You know, I've interviewed with him a lot on Fox, and all he ever wanted to talk about was the military," he said.Β 

Trump also celebrated his other Cabinet picks, including Pam Bondi as attorney general, and Robert F. Kennedy Jr. as secretary of the Department of Health and Human Services.Β 

"When you look at, like, autism from 25 years ago, and you look at it now, something's going on. And I nominated Robert F. Kennedy Jr. Think of it. Think of this: 25 years ago, autism, 1 in 10,000 children. Today it's 1 in 36 children. Is something wrong? I think so, and Robert and I, we're going to figure it out," he said.Β 

TRUMP NOMINATES PAIR TO HELP LEAD DOJ, ANNOUNCES FEDERAL RAILROAD ADMINISTRATION PICK

The former and upcoming president continued in his speech with his typical campaign talking points, vowing to come through on his promises to unleash the energy industry and remove "woke" policies from schools and the military.Β 

"I will sign day one orders to end all Biden restrictions on energy production. Terminate his insane electric vehicle mandate. Cancel his natural gas export ban, reopen ANWR in Alaska, the biggest site potentially anywhere in the world, and declare a national energy emergency," he said.Β 

'EVIL TERRORISTS': HOUSE GOP BORDER HAWKS RALLY AROUND TRUMP'S DEPORTATION PLAN TARGETING 'CARTEL THUGS'

Adding at another point: "With a stroke of my pen on day one, we're going to stop the transgender lunacy. And I will sign executive orders to end child sexual mutilation, get transgender out of the military and out of our elementary schools, and middle schools, and high school. And we will keep men out of women's sports."

Trump also quoted his mother at one point during his speech, citing her use of the word "befuddled" to describe Democrats following the election.Β 

"If you watch television now, they're all befuddled. They don't know what the hell happened. They're befuddled. To use quite a nice word that my mother used to use years ago, talking about somebody that's a mess. But they did. They've lost their confidence. And hopefully they'll lose it for a long time and then come over to our side because we want to have them," he said.Β 

AmericaFest kicked off on Dec. 19 in Phoenix and will conclude on Sunday following Trump’s speech. The annual event is billed as one that reenergizes conservative students and voters "​​all while celebrating the greatest country in the world." The venue has about a 14,000-person capacity, while Turning Point reported about 21,000 tickets were sold for the convention.Β 

"We are incredibly honored that President Trump will deliver his first rally-style speech since the election at AmFest 2024 in Phoenix," Turning Point USA and Turning Point Action chief Charlie Kirk said in a press release ahead of the event. "This was already the largest multi-day event in the movement, and this year will be the biggest we’ve ever hosted, by far."

Fetterman: Those hoping Trump fails are 'rooting against the nation'

22 December 2024 at 11:19

Sen. John Fetterman, D-Pa., says he hopes President-elect Trump is successful, and spoke out against those who feel otherwise.Β 

Fetterman appeared Sunday on ABC'S "This Week." His more than 10-minute sit-down segment was pre-recorded with co-anchor Jonathan Karl.Β 

"I'm not rooting against him," the Democratic senator said. "If you're rooting against the president, you are rooting against the nation. And and I'm not ever going to be where I want a president to fail. So, country first. I know that's become maybe like a cliche, but it happens to be true."

The senator told Karl he never believed Trump's movement was about fascism, while noting that it was Vice President Kamala Harris' "prerogative" to call Trump a fascist during her campaign.

FETTERMAN MEETS WITH TRUMP NOMINEES, PLEDGES 'OPEN-MIND AND AN INFORMED OPINION' FOR CONFIRMATION VOTES

"Fascism, that's not a word that regular people use, you know?" Fetterman said. "I think people are going to decide who is the candidate that's going to protect and project, you know, my version of the American way of life, and that's what happened."

Fetterman has been meeting with Trump's Cabinet nominees, noting that his decision about whether to vote to confirm the candidates will stem from an open mind and informed perspective.

FETTERMAN SAYS DEMS SHOULDN'T 'FREAK OUT' OVER EVERYTHING TRUMP DOES: 'IT'S GOING TO BE 4 YEARS'

"I believe that it’s appropriate and the responsibility of a U.S. senator to have a conversation with President-elect Trump's nominees. That’s why I met with Elise Stefanik and Pete Hegseth, just wrapped with Tulsi Gabbard, and look forward to my meetings with others soon," Fetterman declared in a post on X.

"My votes will come from an open mind and an informed opinion after having a conversation with them. That’s not controversial, it's my job," he continued.

More than a month ago, Fetterman said Democrats cannot afford to "freak out" over everything Trump says or does. He echoed that sentiment on Sunday, again mentioning that Trump has not even taken office yet.Β 

Fox News' Alex Nitzberg contributed to this report.Β 

β€˜Bargaining chip’: Trump allies dismantle Liz Warren’s claim GOP blocked childhood cancer research

22 December 2024 at 09:31

Conservatives and allies of President-elect Trump are dismantling a narrative put forth by Democratic lawmakers such as Sen. Elizabeth Warren that Republicans blocked funding for childhood cancer research in the spending bill, pointing to a stand-alone bill that had languished in the Democratic-controlled Senate for months.Β 

Congress passed a pared-down spending bill early Saturday morning as the government careened toward a prolonged shutdown. The bill’s passage followed tech billionaire Elon Musk and other Trump allies slamming a more than 1,500-page piece of legislation earlier last week as "outrageous" and "​​full of excessive spending, special interest giveaways and pork barrel politics," demanding lawmakers return to the negotiation table.Β 

The Senate advanced a third version of a short-term funding bill on Saturday morning, following negotiations that whittled down the legislation to not include measures such as providing lawmakers a pay raise.Β 

As negotiations were hashed out, Warren and other Democrats attempted to slam Republicans for allegedly blocking funding for childhood cancer research in the bill.Β 

TRUMP SET TO DELIVER FIRST RALLY-STYLED SPEECH SINCE DECISIVE ELECTION WIN: 'BIGGEST CONSERVATIVE MOVEMENT'

"We actually are now getting our first taste – this is it live and in living color – about what it means to have this DOGE," Warren said on CNN as the government prepared to shut down on Friday evening.Β 

LAWMAKERS REACT TO STOPGAP FUNDING AND AVERTING GOVERNMENT SHUTDOWN

DOGE, the Department of Government Efficiency, is an upcoming presidential advisory committee that will be led by Musk and Vivek Ramaswamy to cut excessive government spending and slash the size of the government under Trump’s second administration.Β 

"Right out here, and what that's going to mean. And that's where Elon Musk's fingerprints are all over this. Because, for example, what this bill says is all, let's get rid of funding for research on pediatric cancer. Let's get rid of funding for research on early detection of cervical cancer and breast cancer. Let's get rid of funding for research on children with Down Syndrome and on sickle cell anemia. Let's get rid of those things so that we could make way for tax cuts for billionaires, that is Elon Musk's notion of efficiency," she continued.Β 

PRESIDENT BIDEN SIGNS STOPGAP FUNDING BILL INTO LAW, NARROWLY AVERTING SHUTDOWN

While the Democratic Party’s war roomΒ published a press release declaring: "Trump and his MAGA minions in Congress have decided to threaten a government shutdown for his political gain – and now they’ve stooped as low as cutting child cancer research."

"​​Lyin’ Liz Warren aka Pocahontas," Musk shot back in response to Warren’s comments, referring to Trump’s common taunt against Warren.Β 

Other conservatives and Trump allies slammed the narrative that the GOP blocked funding for childhood cancer research, pointing to a stand-alone bill that passed in the Republican-led House in March, and had for months languished in the Democratic-led Senate.Β 

WHITE HOUSE PRESSED ON BIDEN REFUSING TO SPEAK PUBLICLY AHEAD OF SHUTDOWN

"Elizabeth Warren repeats the lie that @elonmusk and Republicans blocked funding for child cancer research. A stand alone bill for child cancer research funding passed the Republican controlled House in March and got held up in the Democrat controlled Senate," popular conservative X account Libs of TikTok posted in response to Warren’s CNN interview.Β 

"Democrats blocked funding for child cancer research."

The House passed a stand-alone bill on March 5, at a vote of 384-4, that allocated millions of dollars per year for pediatric research through 2028. The bill was delivered to the Senate on March 6, but Senate Majority Leader Chuck Schumer, D-N.Y., had not taken action on the legislation, sparking condemnation from conservatives months later that Democrats used the research funding as a "bargaining chip."Β 

TRUMP-BACKED SPENDING BILL GOES DOWN IN FLAMES AS SHUTDOWN LOOMS

"Democrats are using children with cancer as political shields in the shutdown game to blame Republicans after using them as political shields to help defend all the slop Democrats wanted included in the bill. If this funding is so important, it can be passed on its own as a stand-alone bill. You know, like how the government is supposed to work, instead of cramming hundreds of useless proposals into the same bill as pediatric cancer research funding in a 1,500-page mess that no one actually reads so that you can attack anyone who doesn’t support the useless stuff by claiming they hate children with cancer," an op-ed published in the Washington Examiner outlined.Β 

A review of the legislation shows that on Friday​​ evening, the Senate passed the legislation by a voice vote, following condemnation targeting the GOP for allegedly blocking funding for the research.

The legislation extends $12.6 million a year in cancer research funding through 2031.Β 

Fox News Digital reached out to Warren’s office for additional comment Sunday morning, but did not immediately receive a reply.Β 

Trump threatens to retake control of the Panama Canal as he blasts 'rip-off' fees

22 December 2024 at 15:03
Ships are seen on Panama Canal in Panama City, Panama, on August 21, 2023.

Daniel Gonzalez/Anadolu Agency/Getty Images

  • President-elect Donald Trump has threatened to retake control of the Panama Canal.
  • Trump blasted the "exorbitant" fees charged to US vessels using the canal.
  • Panama's president responded on X, saying that "every square meter" of the canal belongs to Panama.

President-elect Donald Trump has threatened to retake control of the Panama Canal as he hit out at what he called the "exorbitant" fees charged to US ships traversing the passage.

Panama charges tariffs for vessels traveling through the iconic waterway, with fees varying by size and purpose.

"The fees being charged by Panama are ridiculous, especially knowing the extraordinary generosity that has been bestowed to Panama by the US," Trump said in a post on Truth Social, adding: "This complete 'rip-off' of our Country will immediately stop."

The US transferred control of the canal to the Panama Canal Authority (PCA) in 1999 in accordance with the Torrijos-Carter Treaties.

"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 continued in a separate post. "To the Officials of Panama, please be guided accordingly!"

Panama President JosΓ© RaΓΊl Mulino responded in a video statement on X, stating that "every square meter of the Panama Canal and its adjacent zones" belongs to Panama.

The president held up a red book titled "Torrijos Carter Treaty" as he referenced the 1977 agreement that would lead to the dissolution of the Panama Canal Zone and hand over the canal to Panamanians on December 31, 1999.

The roughly 80-kilometer (around 50 miles) canal was officially opened in 1914, offering a new link between the Atlantic and Pacific oceans.

According to the PCA's website, between 13,000 and 14,000 ships use the waterway each year, "connecting 1,920 ports across 170 countries." The United States is the largest user of the canal.

In 2023, a shipping company paid almost $4 million on top of regular fees to get through the Panama Canal following a logjam, Bloomberg reported.

Japan's Eneos Group paid $3.98 million in an auction to jump the queue after a drought caused congestion, the report said.

Read the original article on Business Insider

Trump set to deliver first rally-styled speech since decisive election win: 'Biggest conservative movement'

22 December 2024 at 06:12

President-elect Trump is set to take the stage in Phoenix, Arizona, on Sunday to deliver his first rally-styled speech since his decisive win over Vice President Kamala Harris last month.Β 

"We are incredibly honored that President Trump will deliver his first rally-style speech since the election at AmFest 2024 in Phoenix," Turning Point USA and Turning Point Action chief Charlie Kirk said in a press release. "This was already the largest multi-day event in the movement, and this year will be the biggest we’ve ever hosted, by far."

"When I spoke to the president, he said he’d only do it if we called it a β€˜Tribute to Arizona,’ so that’s exactly what we’re doing. President Trump knows the people of Arizona have always been with him, they’re loyal to him and they just delivered the largest win for him of all of the swing states, giving him a 5.5% margin of victory."

Trump is expected to take the stage of the Phoenix Convention Center at 10:30 a.m. local time Sunday, as part of Turning Point’s annual AmericaFest – a four-day event billed as part of the "biggest conservative movement in the country."

LAWMAKERS REACT TO STOPGAP FUNDING AND AVERTING GOVERNMENT SHUTDOWN

Trump’s address at the event comes just a day after Congress avoided a prolonged government shutdown.Β 

The Senate passed a stopgap spending bill early Saturday morning – after the midnight deadline had passed and the government briefly shut down – and sent the legislation to President Biden for his signature.Β 

PRESIDENT BIDEN SIGNS STOPGAP FUNDING BILL INTO LAW, NARROWLY AVERTING SHUTDOWN

Last week, lawmakers had reached an agreement on a short-term spending bill that included more than 1,500 pages of text. Conservatives and Trump allies, spearheaded by billionaire Elon Musk, slammed the original and lengthy legislation, as negotiations came down to the wire last week, taking issue with provisions such as increasing lawmakers' cost of living.Β 

Trump called on Republicans to suspend the debt limit as part of their talks to avert a government shutdown, which has exceeded $36 trillion. The House crafted a new, 116-page bill that included suspending the debt limit for two years until January 2027,Β roughly $110 billion in disaster relief aid for Americans affected by storms Milton and Helene, as well as a measure to fund rebuilding Baltimore's Francis Scott Key Bridge.

WHITE HOUSE PRESSED ON BIDEN REFUSING TO SPEAK PUBLICLY AHEAD OF SHUTDOWN

That bill failed 174 to 235, before House lawmakers negotiated and passed another version.Β 

TRUMP-BACKED SPENDING BILL GOES DOWN IN FLAMES AS SHUTDOWN LOOMS

The final bill sent to Biden included economic relief for farmers and disaster aid for those affected by recent storms, but it did not include a suspension of the debt ceiling, which Trump had requested.Β 

Trump has not spoken publicly since the bill’s passage, although sources told Fox News that the incoming president is not that happy with the bill.Β 

Ahead of Trump’s speech on Sunday, conservative lawmakers and allies, including Texas Sen. Ted Cruz, upcoming Trump administration "border czar" Tom Homan, comedian Rob Schenider, and Kirk will also take the stage.Β 

AmericaFest kicked off on Dec. 19 in Phoenix and will conclude on Sunday following Trump’s speech. The annual event is billed as one that reenergizes conservative students and voters "​​all while celebrating the greatest country in the world."

Fox News Digital's Elizabeth Elkind, Julia Johnson and Michael Dorgan contributed to this report.Β 

Yesterday β€” 21 December 2024Main stream

Trump announces newest nominations to lead DOJ, regulate US railroads

21 December 2024 at 11:55

President-elect Trump dropped his latest round of nominations Saturday afternoon, including two picks to help lead the Department of Justice (DOJ) and one to work within the Department of Transportation (DOT).

In a Truth Social post, the president-elect announced he was nominating Aaron Reitz to lead the DOJ's Office of Legal Policy. Trump wrote that Reitz would "develop and implement DOJ’s battle plans to advance my Law and Order Agenda, and restore integrity to our Justice System.

"Aaron is currently Senator Ted Cruz’s Chief of Staff, and was previously Texas Attorney General Ken Paxton’s Deputy, where he led dozens of successful lawsuits against the lawless and crooked Biden Administration," Trump continued, adding Reitz would work closely with Trump's pick for U.S. attorney general, Pam Bondi.
Β 
"Aaron is a true MAGA attorney, a warrior for our Constitution, and will do an outstanding job at DOJ. Congratulations Aaron!"

TIDE TURNS FOR HEGSETH AS TRUMP'S DEFENSE SECRETARY NOMINEE GOES ON OFFENSE

Trump followed up his first announcement by naming Chad Mizelle as the next chief of staff at the DOJ, who is also slated to work with Bondi.Β 

"During my First Term, Chad was General Counsel and Chief of Staff at the Department of Homeland Security, where he helped to secure our Border, and stop the flow of illegal drugs and aliens into our Country," the Republican leader explained.Β 

"Chad is a MAGA warrior, who will help bring accountability, integrity, and Justice back to the DOJ."

GET TO KNOW DONALD TRUMP'S CABINET: WHO HAS THE PRESIDENT-ELECT PICKED SO FAR?

In a third post, Trump named David Fink as the next administrator of the Federal Railroad Administration (FRA), describing his nominee as a "fifth generation Railroader."

"David will bring his 45+ years of transportation leadership and success, which will deliver the FRA into a new era of safety and technological innovation," Trump said. "Under David’s guidance, the Federal Railroad Administration will be GREAT again. Congratulations to David!"

Later on Saturday, Trump announced that he was nominating Tilman J. Fertitta, the owner of the Houston Rockets, to serve as the U.S. Ambassador to Italy.

"Tilman is an accomplished businessman, who has founded and built one of our Country’s premier entertainment and real estate companies, employing approximately 50,000 Americans," Trump's post described. "Tilman has a long history of giving back to the community through numerous philanthropic initiatives, which include children’s charities, Law Enforcement, and the medical community."

Lara Trump removes herself from consideration for Marco Rubio’s US Senate seat

21 December 2024 at 16:45

Lara Trump, President-elect Trump’s daughter-in-law, said Saturday she is removing herself from consideration for Florida Republican Marco Rubio’s seat in the U.S. Senate.Β 

"After an incredible amount of thought, contemplation, and encouragement from so many, I have decided to remove my name from consideration for the United States Senate," she wrote on X Saturday.Β 

The president-elect has nominated Rubio to be secretary of state.Β 

"I could not have been more honored to serve as RNC co-chair during the most high-stakes election of our lifetime and I’m truly humbled by the unbelievable support shown to me by the people of our country, and here in the great state of Florida," Lara Trump added.

TRUMP SAYS HE DOESN'T EXPECT DESANTIS TO NAME DAUGHTER-IN-LAW LARA TRUMP AS RUBIO'S SENATE REPLACEMENT

Trump, the wife of Eric Trump, the president-elect’s son, stepped down as co-chair of the Republican National Committee earlier this month.

" I have read so many of your kind messages and I cannot thank you enough," Lara Trump said, adding she has a "big announcement that I’m excited to share in January."

She said she remains "incredibly passionate about public service and (looks) forward to serving our country again sometime in the future. In the meantime, I wish Governor DeSantis the best of luck with this appointment."

The president-elect had previously pressed DeSantis to name Lara as Rubio's replacement, a source in his political orbit told Fox News Digital, but he later told reporters he didn't necessarily expect him to select her.Β 

CLICK HERE FOR THE LATEST FOX NEWS REPORTING ON THE TRUMP TRANSITION

"That's his choice," the president-elect added.Β 

Rubio’s senate replacement will be appointed by Florida Gov. Ron DeSantis and will serve the remaining two years of Rubio's term.Β 

In 2026, the seat will be open for a full six-year term.Β 

Lara Trump had previously said she was "seriously considering" the position, although she wasn’t sure it was right for her.Β 

CLICK HERE TO GET THE FOX NEWS APP

DeSantis previously said he would make an appointment by early January.Β 

Lara Trump did not immediately respond to Fox News Digital’s request for comment.

Texas' Quinn Ewers wears Trump tie clip ahead of College Football Playoff game

21 December 2024 at 15:50

Quinn Ewers made his political support clear ahead of one of the biggest games of his life.

Ewers' Texas Longhorns are hosting the Clemson Tigers in the first round of the College Football Playoff, and members of Texas' football team arrived dressed to impress.

Ewers rocked a navy blue suit with white pinstripes, a red tie and a gold tie clip.

CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM

The clip had "Trump" engraved on it.

Ewers seemed to show support for the president-elect when he shared a picture of Trump holding his fist in the air shortly after the assassination attempt on Trump's life in Butler, Pa.

After Trump won the presidential election, Ewers also shared a graphic of Trump and JD Vance on his Instagram story, captioning it "Legendary."

DEION SANDERS SAYS HE'LL 'MAKE SURE' TRAVIS HUNTER PLAYS OFFENSE AND DEFENSE IN NFL

Athletes have shown support for Trump since he won the election. Perhaps the most notable tribute to Trump has been players mimicking the president-elect's YMCA dance.

San Francisco 49ers star Nick Bosa wore a "Make America Great Again" hat after a game in October, a move that cost him an $11,000 fine.

Trump attended the Army-Navy game last week, and it could be argued his attendance led to the game's highest viewership of all time. Over 9 million people watched the Midshipmen's 31-13 victory over the Black Knights.

The president-elect has also attended NFL games and UFC events this year.

The Longhorns led Clemson, 28-10, at the half. The winner has a date with Arizona State in the Peach Bowl New Year's Day.

Follow Fox News Digital’sΒ sports coverage on X,Β and subscribe toΒ the Fox News Sports Huddle newsletter.

Trump nominates TV producer, creator of 'The Apprentice,' to serve in new administration

21 December 2024 at 13:27

President-elect Trump announced Saturday he has tapped the creator of "The Apprentice" to serve a diplomatic role in the United Kingdom.

In a Truth Social post, Trump named Mark Burnett, a British-American TV producer who was born in London, as the next U.S. special envoy to the United Kingdom.

"It is my great honor to appoint Mark Burnett as the Special Envoy to the United Kingdom," the president-elect said. "With a distinguished career in television production and business, Mark brings a unique blend of diplomatic acumen and international recognition to this important role."

In addition to creating Trump's former show "The Apprentice," Burnett also created "Shark Tank" and led production of other programs such as "Survivor" and "The Martha Stewart Show." In his Truth Social post, Trump said the producer had created some of the "biggest shows in Television History" and touted his achievements.

TRUMP NOMINATES PAIR TO HELP LEAD DOJ, ANNOUNCES FEDERAL RAILROAD ADMINISTRATION PICK

"He is the former Chairman of MGM, and has won 13 Emmy Awards!" the Republican wrote. "Mark will work to enhance diplomatic relations, focusing on areas of mutual interest, including trade, investment opportunities, and cultural exchanges.Β Congratulations Mark!"

No one is currently serving as a U.S. special envoy to the United Kingdom. Special envoy roles are typically temporary in nature and meant to fulfill a specific mission, though Trump did not specify the purpose of the role in his announcement.

GET TO KNOW DONALD TRUMP'S CABINET: WHO HAS THE PRESIDENT-ELECT PICKED SO FAR?

Earlier in December, Trump tapped Warren A. Stephens to serve as the U.S. ambassador to the Court of St. James, also known as the U.S. ambassador to the United Kingdom.

"Over the last 38 years, while serving as the president, chairman, and CEO of his company, Stephens Inc., Warren has built a wonderful financial services firm, while selflessly giving back to his community as a philanthropist," Trump said in a post on Truth Social.Β 

"Warren has always dreamed of serving the United States full-time. I am thrilled that he will now have that opportunity as the top Diplomat, representing the U.S.A. to one of America’s most cherished and beloved Allies."

Burnett did not immediately respond to Fox News Digital’s request for comment.Β 

Fox News Digital's Greg Wehner contributed to this report.

Lawmakers react to stopgap funding and averting government shutdown

21 December 2024 at 12:12

As the dust settles on Congress frantically passing a stopgap bill at the eleventh hour to avoid a government shutdown, lawmakers are having their say on a chaotic week on Capitol Hill.

President Biden signed the 118-page bill into law on Saturday, extending government funding into March, theΒ White HouseΒ announced. The bill provides over $100 billion in disaster aid for those affected by storms Helene and Milton in the U.S. Southeast earlier this year. It also includes a $10 billion provision for economic assistance to farmers.Β 

President BidenΒ has not yet publicly commented on the passage of the legislation, nor hasΒ President-elect Trump, although sources tell Fox that the incoming president is not that happy about the bill, because it does not suspend the debt ceiling.Β 

PRESIDENT BIDEN SIGNS STOPGAP FUNDING BILL INTO LAW, NARROWLY AVERTING SHUTDOWN

House Speaker Mike Johnson, R-La., who faced criticism from both Republicans and Democrats for his handling of the negotiations, said after the House vote that the result was "a good outcome for the country." He said he had spoken with Trump and that the president-elect "was certainly happy about this outcome, as well."

House Democratic LeaderΒ Hakeem Jeffries,Β D-N.Y., considered the legislation a win for his party.Β 

"The House Democrats have successfully stopped extreme MAGA Republicans from shutting down the government, crashing the economy and hurting working-class Americans all across the nation," JeffriesΒ said, referring to Trump’s "Make America Great Again" slogan.

Former House Speaker Nancy Pelosi, D-Calif., praised Democrats, including Jeffries and Rep. Rosa DeLauro, D-Conn., forΒ "their unity and courage withstanding the Trump-Musk irresponsibility."

"Democrats will always fight to protect the needs of America’s working families, veterans, seniors, farmers and first responders against the GOP’s agenda for billionaires and special interests."

A bulging 1,547-page continuing resolution was thrown into disarray earlier in the week following objections by Elon Musk and President-elect Trump. A slimmed-down version was then rejected by House members on Thursday before the House approved Speaker Mike Johnson’s new bill overwhelmingly on Friday by 366 votes to 34.

The Senate worked into early Saturday morning to pass the bill 85-11, just after the deadline.

WHITE HOUSE PRESSED ON BIDEN REFUSING TO SPEAK PUBLICLY AHEAD OF SHUTDOWN

Senate Majority Leader Chuck Schumer praised the passage of the funding legislation early Saturday.

"There will be no government shutdown right before Christmas," Schumer wrote on X. "We will keep the government open with a bipartisan bill that funds the government, helps Americans affectedΒ by hurricanesΒ and natural disasters, helps our farmers and avoids harmful cuts."

Meanwhile, Rep. Nicole Malliotakis, R-N.Y., said the revised funding package keeps government funded at current levels, delivers aid to Americans suffering from natural disasters and protects agricultural supply chains.Β 

"Not only is this straightforward bill much more palatable to me, but it respects the taxpayers we represent, unlike the previous backroom boondoggle I opposed that was over 1,500 pages long and gave unnecessary and costly giveaways to the Democrats," Malliotakis wrote on X.Β 

"Passing this legislation today gives us what we need until President Trump is sworn in and settled so our Republican trifecta can deliver the results the American people voted for."

Rep. Mike Lawler, R-N.Y., questioned why President Biden appeared to play a limited role in negotiations.

"People fail to recognize that even though the focus has been on President Trump, Joe Biden is actually still the president, which is really mind-boggling, because nobody's heard from him in weeks," Lawler told Fox & Friends Weekend on Saturday, adding that the debt ceiling has been used as a "political piΓ±ata for decades."Β 

"The party in the minority uses it as leverage in a negotiation, and I think what President Trump is trying to avoid is giving Democrats a loaded gun to hold to his head here."

Elsewhere, House Oversight Committee Chairman James Comer, R-Ky., applauded the Senate for approving the D.C. Robert F. Kennedy Memorial Stadium Campus Revitalization Act, which he had introduced and helped pass in the House.

The bill would give the District of Columbia control of the 174-acre RFK campus and revive potential plans for a new Washington Commanders stadium.

The surprising move came after a provision in the initial continuing resolution (CR) -- to transfer control of the RFK campus from the federal government to the District -- was eliminated from Thursday's slimmed down version of the bill.

"The Senate’s passage of the D.C. RFK Stadium Campus Revitalization Act is a historic moment for our nation’s capital. If Congress failed to act today, this decaying land in Washington would continue to cost taxpayers a fortune to maintain," Comer said.

"Revitalizing this RFK Memorial Stadium site has been a top economic priority for the city, and I am proud to have partnered with D.C. Mayor Muriel Bowser to get this bill across the finish line and to the President’s desk. This bipartisan success is a testament to the House Oversight Committee’s unwavering effort to protect taxpayers and our full commitment to ensuring a capital that is prosperous for residents and visitors for generations to come,"Β he added.

The Associated Press contributed to this report.Β 

Trump nominates pair to help lead DOJ, announces Federal Railroad Administration pick

21 December 2024 at 11:55

President-elect Trump dropped his latest round of nominations Saturday afternoon, naming two picks to help lead the Department of Justice (DOJ) and one to work within the Department of Transportation (DOT).

In a Truth Social post, the president-elect announced he was nominating Aaron Reitz to lead the DOJ's Office of Legal Policy. Trump wrote that Reitz would "develop and implement DOJ’s battle plans to advance my Law and Order Agenda, and restore integrity to our Justice System.

"Aaron is currently Senator Ted Cruz’s Chief of Staff, and was previously Texas Attorney General Ken Paxton’s Deputy, where he led dozens of successful lawsuits against the lawless and crooked Biden Administration," Trump continued, adding Reitz would work closely with Trump's pick for U.S. attorney general, Pam Bondi.
Β 
"Aaron is a true MAGA attorney, a warrior for our Constitution, and will do an outstanding job at DOJ. Congratulations Aaron!"

TIDE TURNS FOR HEGSETH AS TRUMP'S DEFENSE SECRETARY NOMINEE GOES ON OFFENSE

Trump followed up his first announcement by naming Chad Mizelle as the next chief of staff at the DOJ, who is also slated to work with Bondi.Β 

"During my First Term, Chad was General Counsel and Chief of Staff at the Department of Homeland Security, where he helped to secure our Border, and stop the flow of illegal drugs and aliens into our Country," the Republican leader explained.Β 

GET TO KNOW DONALD TRUMP'S CABINET: WHO HAS THE PRESIDENT-ELECT PICKED SO FAR?

"Chad is a MAGA warrior, who will help bring accountability, integrity, and Justice back to the DOJ."
Β 
In a third post, Trump named David Fink as the next administrator of the Federal Railroad Administration (FRA), describing his nominee as a "fifth generation Railroader."

"David will bring his 45+ years of transportation leadership and success, which will deliver the FRA into a new era of safety and technological innovation," Trump said. "Under David’s guidance, the Federal Railroad Administration will be GREAT again. Congratulations to David!"

Chiefs' Harrison Butker praises Trump pick for Vatican ambassador: 'A leading voice in the Catholic community'

21 December 2024 at 11:33

Kansas City Chiefs kicker Harrison Butker, who drew criticism during the offseason after speaking publicly about his faith and values, praised President-elect Donald Trump’s pick for the U.S. ambassador to the Vatican in a post on social media on Friday.Β 

Trump announced earlier that Brian Burch, the president of CatholicVote, would serve as the next U.S. ambassador to the Holy See under his administration.Β 

"Brian is a devout Catholic, a father of nine, and President of CatholicVote. He has received numerous awards, and demonstrated exceptional leadership, helping build one of the largest Catholic advocacy groups in the Country," Trump’s announcement read in part.Β 

CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM

"He represented me well during the last Election, having garnered more Catholic votes than any Presidential Candidate in History! Brian loves his Church and the United States - He will make us all proud."

Butker, who has publicly supported other conservatives during the election, including his endorsement ofΒ U.S. Senator Josh Hawley, shared his approval of Trump’s pick on social media.Β 

"Very happy to hear that [Brian Burch] has been selected to be the next Ambassador to the Vatican," his post on X read. "Brian has been a leading voice in the Catholic community here in America through his organization [CatholicVote] and now in his new role, he can take those gifts to Rome. Pray for him and his family as they embark on this new journey."Β 

PRESIDENT-ELECT TRUMP APPOINTS OUTSPOKEN CONSERVATIVE AS VATICAN AMBASSADOR: β€˜BLESSINGS AND RESPONSIBILITIES’

Butker faced backlash from some back in May forΒ his commencement address at Benedictine College where called on female graduates to embrace their "vocation" as a "homemaker."Β 

"For the ladies present today, congratulations on an amazing accomplishment. You should be proud of all that you have achieved to this point in your young lives," he said in part at the timeΒ  "I want to speak directly to you briefly, because I think it is you, the women, who have had the most diabolical lies told to you. How many of you are sitting here now, about to cross this stage, and are thinking about all the promotions and titles you are going to get in your career? Some of you may go on to lead successful careers in the world, but I would venture to guess that the majority of you are most excited about your marriage and the children you will bring into this world."

"I can tell you that my beautiful wife, Isabelle, would be the first to say her life truly started when she began living her vocation as a wife and as a mother," he continued. "I’m on this stage today and able to be the man that I am because I have a wife who leans into her vocation. I’m beyond blessed with the many talents God has given me, but it cannot be overstated that all of my success is made possible because a girl I met in band class back in middle school would convert to the faith, become my wife and embrace one of the most important titles of all: homemaker."

He also spoke out against the current administration and abortion.Β 

Butker returned for the Chiefs’ Week 15 matchup against theΒ Cleveland Browns after being sidelined for four games after having surgery on his left, non-kicking knee.

The Associated Press contributed to this report.Β 

Follow Fox News Digital’s sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.


Β 

President Biden signs stopgap funding bill into law, narrowly averting shutdown

21 December 2024 at 08:59

The White House has announced that President Biden signed a stopgap funding bill into law on Saturday, extending government funding into March and avoiding a shutdown.

The bill provides over $100 billion in disaster aid for those affected by storms Helene and Milton in the U.S. Southeast earlier this year. There was also a $10 billion provision for economic assistance to farmers in the bill.Β 

The Senate worked into early Saturday morning to pass the bill 85-11, just after the deadline following a chaotic week on Capitol Hill.Β 

SENATE PASSES BILL TO STOP SHUTDOWN, SENDING IT TO PRESIDENT BIDEN'S DESK

President Biden has not yet publicly commented on the passage of the legislation.Β 

"H.R. 10545, the β€˜American Relief Act, 2025,’ which provides fiscal year 2025 appropriations to Federal agencies through March 14, 2025, for continuing projects and activities of the Federal Government; provides disaster relief appropriations andΒ economic assistance to farmers; extends the Agriculture Improvement Act of 2018; and extends several expiring authorities," a White House statement reads.Β 

WHITE HOUSE PRESSED ON BIDEN REFUSING TO SPEAK PUBLICLY AHEAD OF SHUTDOWN

President-elect Trump has not spoken publicly since the bill’s passage either, although sources tell Fox that the incoming president is not that happy about the bill because it does not suspend the debt ceiling.

Trump had called on Republicans to act on the debt limit as part of their talks to avert a government shutdown, a demand that dozens of conservative GOP lawmakers bristled at given their concerns about the national debt β€” which has exceeded $36 trillion.

A bulging 1,547-page continuing resolution (CR) was thrown into disarray earlier in the week following objections by Elon Musk and President-elect Trump. A slimmed-down version was then rejected by House members on Thursday before the House approved Speaker Mike Johnson’s new bill overwhelmingly by 366 votes to 34 on Friday.

White House Press Secretary Karine Jean-Pierre warned on Friday that a shutdown could have disrupted the incoming administration's presidential transition process.

Senate Majority Leader Chuck Schumer praised the passage of the funding legislation early Saturday.

"There will be no government shutdown right before Christmas," Schumer wrote on X. "We will keep the government open with a bipartisan bill that funds the government, helps Americans affected by hurricanes and natural disasters, helps our farmers and avoids harmful cuts.

Fox News' Julia Johnson and Elizabeth Elkind contributed to this report.Β 

Elon Musk's unforgettable year in 7 charts

21 December 2024 at 03:10
Elon Musk
Tesla and SpaceX CEO Elon Musk.

Patrick Pleul / POOL / AFP via Getty; Rebecca Zisser/BI

  • Elon Musk has had a big year with Tesla and SpaceX soaring in value, supercharging his net worth.
  • He helped Donald Trump win reelection and intends to transform the US government in 2025.
  • Scroll down for seven charts showing how Musk's 2024 played out.

Elon Musk has had a year for the record books.

His businesses have taken off, with Tesla, SpaceX, xAI, and Neuralink all touching new valuation highs. Their success has boosted Musk's net worth to above $450 billion for the first time, putting him over $200 billion ahead of the world's second-richest person, Amazon's Jeff Bezos.

Musk has also become a power player in US politics after wielding his cash and clout to help win Donald Trump a second term in office. As one of the president-elect's closest advisors, he's now gearing up to overhaul the US government.

The situation seems worse at X, formerly Twitter, after Musk's $44 billion takeover and reshaping of the platform sparked an advertiser exodus.

Take a look at Musk's 2024 in charts (all data is accurate as of Friday, December 20):

1. Charging ahead

Tesla shares have shot up as much as 85% this year, driving the electric vehicle maker's market value above $1.4 trillion for the first time. They've since retreated but continue to trade near record levels.

The automaker has benefited from market buzz around artificial intelligence β€” which it's harnessing to develop self-driving cars and humanoid robots β€” plus a robust US economy and the Federal Reserve cutting interest rates.

Investors are also betting that Musk's businesses will benefit from his close ties to Trump, which could translate into less stringent regulations, government subsidies, tariff exemptions, and more.

2. Reaching for the stars

SpaceX's valuation nearly doubled from $180 billion at the end of last year to $350 billion this month, based on the price paid by the company and its backers for employee shares in its latest tender offer.

Musk's rocket, spacecraft, and satellite communications company made several technological breakthroughs this year. For example, it plucked the first-stage booster of its new Starship out of the air using a massive pair of mechanical "chopsticks" in October.

3. Shifting fortunes

Musk's net worth slumped in the spring as Tesla stock tumbled, dropping below $170 billion at its nadir.

But it rebounded by over $300 billion to touch an unprecedented $486 billion on December 17, as Tesla hit fresh highs and SpaceX notched a $350 billion valuation.

4. Rise of the robots

Musk's artificial intelligence company, xAI, was only founded in July 2023.

Yet it notched a post-money valuation of $24 billion in May following its Series B funding round. That rose to $50 billion in November, reports say, meaning the maker of the Grok chatbot is worth roughly as much as Monster Beverage.

5. X marks the drop

It remains tricky to gauge the health of X, the social media company formerly known as Twitter that Musk took private in 2022. One way is to use Fidelity's monthly estimates of the value of its stake in the business.

The mutual fund giant's figures imply that X's valuation has crashed since Musk's purchase. The tech billionaire laid off a large part of the company's workforce and relaxed content moderation in support of greater free speech, triggering an advertiser exodus that hammered the company's revenues.

Regardless, Musk recently posted on X that the platform has roughly 1 billion active users, although around 40% of them only log on during important world events.

6. Trump train

Musk was one of the biggest spenders in the US presidential election, deploying over $270 million to back Trump's race for president, run ads against Democrats, and promote conservative viewpoints.

His starring role in Trump's victory and emergence as one of the president-elect's closest advisors and a co-chief of the new Department of Government Efficiency suggests that his investment in the election has paid off.

7. Building brainpower

Neuralink, Musk's neurotechnology company, was valued at $8 billion this summer, up from about $2 billion three years earlier.

The developer of brain-computer interfaces wants to allow people with quadriplegia to control computers with their thoughts. Musk released footage this spring of the first patient to receive one of its brain implants.

Read the original article on Business Insider

2025 showdown: This Republican woman may become nation's first Black female governor

21 December 2024 at 01:00

EXCLUSIVE: Republican Lt. Gov. Winsome Sears of Virginia could make history next year as the nation's first Black woman to win election as a governor.

She would also make history as Virginia's first female governor.

But Sears, in an exclusive national interview with Fox News Digital, emphasized that "I'm not really running to make history. I'm just trying to, as I've said before, leave it better than I found it, and I want everyone to have the same opportunities I had."

Sears, who was born in the Caribbean island nation of Jamaica and immigrated to the U.S. as a six-year-old, served in the Marines and is a former state lawmaker. She made history three years ago when she won election as Virginia's first female lieutenant governor.Β 

WHAT'S NEXT FOR THIS POPULAR REPUBLICAN GOVERNOR WHEN HE LEAVES OFFICE IN A YEAR

"You've got to remember that my father came to America in β€˜63 just 17 days before Dr. King gave his ’I Have a Dream speech,' she said.

Sears noted that her father "saw opportunity here, even though . . . you really couldn't, as a Black person, live where you wanted."

"And yet, here I am, here I am sitting right now as second in command in the former capital of the Confederate States," she said. "With me, we can see once again, there are still opportunities, still opportunities to grow, still opportunities to do even better. We are going to be better, not bitter. We're not going to be victims. We're overcomers."

VIRGINIA'S YOUNGKIN ENDORSES HIS LT. GOVERNOR TO SUCCEED HIM

Sears has a major supporter in popular Republican Gov. Glenn Youngkin, who three years ago became the first Republican in a dozen years to win a gubernatorial election in Virginia, a onetime key swing state that had shaded blue in recent cycles.

But Virginia is unique due to its state law preventing governors from serving two consecutive four-year terms, so Youngkin cannot run for re-election next year.

Youngkin told Fox News Digital last month that Sears "is going to be a fabulous governor of Virginia."

"I have to make sure that we have Winsome Sears as our next governor," he emphasized. "I’m going to be campaigning hard."

Making the case that Youngkin as a "successful businessman" has "brought that success to government," Sears highlighted that "we want to continue what he has begun."

"There's still much work to do, still regulations that we've got to get rid of, still educational opportunities that are needing to be taken advantage of, and I am the one to carry that, because I've been part of that," she added.

Virginia and New Jersey are the only two states in the nation to hold gubernatorial elections in the year after a presidential election. Because of that, both contests receive outsized national attention, and Virginia in particular is often seen as a bellwether of the national political climate and how Americans feel about the party in the White House.

Sears was interviewed in Virginia Beach on Thursday, with a month to go until President-elect Trump returns to the White House.

In late 2022, she described Trump as a liability after Republican candidates that the then-former president had backed underperformed in the midterm elections. And she said that she would remain neutral in the 2024 GOP presidential primary.

"I supported him in β€˜16 and in ’20 why? Because I saw that he was good for our country," Sears noted.

HEAD HERE FOR THE LATEST FOX NEWS REPORTING ON THE TRUMP TRANSITION

But she added that Trump "said some things, and it bothered me. And as I said, I come at this as a Christian. And so I figured, well, let's see if there's somebody else."

Sears pointed to July's attempted assassination of Trump as the moment that changed her mind.

"I was waiting to hear a change, and after he was shot and he was accepting the nomination, I heard him say, β€˜miracles are happening every day. I am one of those. God has spared my life. And so, I humbly ask for your vote.’ I was on board rightΒ then," she emphasized.

But a top Trump supporter in Virginia, conservative radio host John Fredericks, has continued to criticize Sears.

"She’ll ruin Republicans' chances in Virginia in 2025, and we need a different GOP candidate that REALLY has President Trump’s back," he argued last month on his radio program and in a social media post.

Asked whether she'd like Trump to campaign with her over the next 10 months leading up to the 2025 election, Sears said, "I think he's going to be having a lot to do in, well, in D.C. And if he wants to come here, fine. If he wants to help, fine. I mean, you know, we could use all the help that we can get."

THIS DEMOCRATIC LAWMAKER IS RUNNING FOR VIRGINIA GOVERNOR

Sears, who launched her gubernatorial bid in early September, avoided a competitive primary when Republican Attorney General Jason Miyares announced last month that he would seek re-election rather than run for governor.

Three-term Democratic Rep. Abigail Spanberger, a former CIA officer, is her party's candidate for governor.

Spanberger announced 13 months ago that she would run for governor in 2025 rather than seek congressional re-election this year. While a Sears-Spanberger general election showdown is expected, recent reports indicate longtime Democratic Rep. Bobby Scott is mulling a gubernatorial run.

"We will see what shakes out on the Democrat side, but I will face whoever comes, because I believe that we have the better policies," Sears said.

She is viewed by political pundits as more socially conservative than Youngkin, who hailed from the GOP's business wing.

Asked whether Sears was too far to the right for Virginia voters, Youngkin pushed back in his Fox News Digital interview, saying, "Not at all. And Winsome is a commonsense conservative leader. We have been partners literally from day one. We campaigned together. We were elected together. We have governed together."

But the Democratic Governors Association (DGA), pointing to the criticism from Fredericks, who chaired Trump's Virginia campaign in 2016 and 2020, argued that "Virginia Republicans are kicking off the 2025 election divided and already publicly calling out Winsome Sears."

"This once again confirms that Sears will have to run even further to the right and take deeply harmful and out-of-touch positions to win the GOP nomination," DGA national press secretary Devon Cruz claimed.

Sears, asked about the DGA criticism, which also includes spotlighting her stances on issues such as abortion and IVF, argued that "the Democrats are trying to figure out a way to hit me . . . I don't worry about it. I let them say what they want to say. I am proven, proven to do the right thing."

"I've always said I'm a Christian first and a Republican second. That's always who I am," she added. "So, it must mean that I don't care about politics. I care about serving."

Before yesterdayMain stream

Brief government shutdown ushered in before Christmas as Senate works to advance House bill

20 December 2024 at 21:01

A partial government shutdown began at 12:01 on Saturday morning after Congress failed to pass a stopgap spending measure before the deadline and send it to President Biden's desk.

However, the Senate is actively working through amendment votes and other considerations in order to send the measure to Biden. The stopgap bill is expected to be passed in the Senate in the coming hours.Β 

The partial shutdown comes only days before Christmas and New Year's.Β 

As of Thursday, theΒ U.S. national debt was at $36,167,604,149,955.61 and was continuing to climb rapidly.Β 

During a partial government shutdown, federal agencies and non-essential services are stopped, but some functions that are considered "essential" will continue. Certain national security functions, such as border patrol, law enforcement and disaster response, will remain active during the shutdown.Β 

However, because the Senate is expected to move the bill forward imminently, the disruption to government function will be minimal, if at all noticeable.

An original agreement on a short-term spending bill was released earlier in the week, totaling 1,547-pages and including a number of policy provisions and disaster aid.Β 

TOP SENATE DEMS POUR COLD WATER ON LATEST GOP SPENDING BILL PLANS: 'READY TO STAY' THROUGH CHRISTMAS

But soon after its release, billionaire Elon Musk and other conservative critics publicly blasted the measure, ultimately resulting in it being condemned by President-elect Donald Trump and Vice President-elect JD Vance.Β 

The initial spending measure would have extended government funding levels for fiscal year 2024 through March 14 and provide over $100 billion in disaster aid for those affected by storms Helene and Milton in the U.S. Southeast earlier this year. There was also a $10 billion provision for economic assistance to farmers in the bill.Β 

TIM SCOTT'S SENATE CAMPAIGN ARM STAFF REVEALED AHEAD OF CRUCIAL 2026 SWING STATE RACES

The size of the bill, along with several of its other provisions, including a cost of living raise for lawmakers, prompted the public reaction from Musk and others.Β 

After heading back to the drawing board, House Republicans emerged on Thursday with a new proposal. The revised measure would have extended current funding levels for three months and included a debt limit suspension for two years, per the request of Trump.Β 

'MAKE AMERICA HEALTHY AGAIN' CAUCUS LAUNCHED BY SEN MARSHALL AFTER RFK JR MEETING

Additionally, it had economic relief for farmers and about $110 billion in disaster aid.Β 

But the bill failed on the House floor Thursday night as Democrats united against it and a significant group of Republicans opted to oppose it as well.

By Friday morning, there appeared to be no agreement between Democrats and Republicans in Congress to work together on a new bill. In fact, Senate Majority Leader Chuck Schumer, D-N.Y., and Senate Appropriations Committee Chairwoman Patty Murray, D-Wash., said the government would go into a partial shutdown at midnight if Republicans did not return to the original stopgap bill.Β 

DOGE CAUCUS LEADER JONI ERNST EYES RELOCATION OUT OF DC FOR THIRD OF FEDERAL WORKERS

"I'm ready to stay here through Christmas because we're not going to let Elon Musk run the government," Murray said in a statement.Β 

The House managed to pass a third version of the spending bill on Friday. It was similar to the second version, including both economic relief for farmers and disaster aid, but did not have the debt ceiling suspension that Trump had been adamant about.Β 

The bill received broad bipartisan support in the House and the green light from Biden, as the White House said he'd support it. Even Schumer released a statement after the House's passage, saying he was "confident" it would pass the Senate.Β 

The 34 House Republicans who voted against a bill to avert a partial government shutdown

20 December 2024 at 15:54

Over 30 House Republicans voted Friday against a bill to avert a partial government shutdown.

Lawmakers scrambled to reach consensus on a spending package ahead of the looming partial government shutdown deadline Friday. An initial 1,547-page bipartisan deal that would have extended the government funding deadline until March 14 was released Tuesday night, but the proposal crumbled after Elon Musk and Vivek Ramaswamy criticized the spending bill.

A more condensed, Trump-backed version was brought to the floor Thursday night but failed to pass.Β 

In a last-minute vote Friday, the House succeeded in passing a funding bill with 34 Republicans voting against the legislation and zero Democrats voting against it. One Democrat, Rep. Jasmine Crockett of Texas, voted present.

HOUSE PASSES FUNDING BILL WITH JUST HOURS UNTIL GOVERNMENT SHUTDOWN

Among those who voted against the bill was Rep. Tim Burchett, R-Tenn., who told Fox News Digital, "I don't know why we're giving Joe Biden $100 billion to play with in 30 days.

"Oddly enough, it didn't have what Trump wanted most of all."

Other House members who voted against the bill:

WHITE HOUSE PRESSED ON BIDEN REFUSING TO SPEAK PUBLICLY AHEAD OF SHUTDOWN

Rep. and Sen.-elect Jim Banks, R-Ind.

Rep. Andy Biggs, R-Ariz.

Rep. Dan Bishop, R-N.C.Β 

Rep. Lauren Boebert, R-Colo.

Asked why she had voted against the bill, Boebert told Fox News Digital, "I’m just ready for president Trump to be back."

Rep. Josh Brecheen, R-Okla.

Rep. Eric Burlison, R-Mo.

Rep. Michael Cloud, R-Texas

Rep. Andrew Clyde, R-Ga.

Rep. Eli Crane, R-Ariz.

Rep. John Curtis, R-Utah

Rep. Scott DesJarlais, R-Tenn.

Rep. Russ Fulcher, R-Idaho

Rep. Tony Gonzales, R-Texas

Rep. Bob Good, R-Va.

Rep. Lance Gooden, R-Texas

Rep. Glenn Grothman, R-Wis.

Rep. Andy Harris, R-Md.

Rep. Diana Harshbarger, R-Tenn.

Rep. Wesley Hunt, R-Texas

Rep. Debbie Lesko, R-Ariz.

Rep. Greg Lopez, R-Colo.

Rep. Nancy Mace, R-S.C.,

Rep. Thomas Massie, R-Ky.

Rep. Rich McCormick, R-Ga.

Rep. Cory Mills, R-Fla.

Rep. Alex Mooney, R-W.Va.

Rep. Andy Ogles, R-Tenn.

Rep. Scott Perry, R-Pa.

Rep. Matt Rosendale, R-Mont.

Rep. Chip Roy, R-Texas

Rep. Keith Self, R-Texas

Rep. Tom Tiffany, R-Wis.

Rep. Beth Van Duyne, R-Texas

After passing in the House, the bill will head to the Senate for a vote.Β 

President Biden signaled his intention to sign the bill if it reaches his desk.Β 

Biden signs stopgap funding bill to avert government shutdown

21 December 2024 at 08:28
Mike Johnson speaks to reporters at the US Capitol
House Speaker Mike Johnson's vow that the federal government won't shutdown is holding true.

Kevin Dietsch/Getty Images

  • House lawmakers voted to avoid a federal government shutdown on Friday.
  • The Senate passed the stopgap funding bill minutes after the midnight deadline passed.
  • The vote caps a week full of drama on Capitol Hill.

President Joe Biden signed a stopgap funding bill on Saturday that prevents a government shutdown. Senate lawmakers passed the bill minutes after the Saturday midnight deadline passed.

Earlier on Friday, House lawmakers voted 366 to 34 for the bill, with one Democratic lawmaker voting present. House Democrats provided significant cover for House Speaker Mike Johnson, who lost 34 Republicans on the measure.

The White House Office of Management and Budget said in a statement on Friday that it had ceased shutdown preparations.

Trump downplayed the stakes of a shutdown, but it likely would have affected the transition of power and some planning for his inauguration.

Now that the bill has been signed into law, government funding will run through March 14, giving President-elect Donald Trump a little breathing room once he retakes office next month.

Republicans denied Trump's request to suspend or even eliminate the debt ceiling, which would have resolved a thorny political issue in advance of a likely GOP effort to extend Trump's 2017 tax law. According to Punchbowl News, Johnson said Republicans have agreed to address the nation's borrowing limit next year when the GOP will retake entire control over Washington.

Sen. Chuck Schumer gives a thumbs.
Senate Majority Leader Chuck Schumer gives a thumbs up after announcing that the Senate had reached an agreement to pass the stopgap funding bill.

Kent Nishimura/Getty Images

House Minority Leader Hakeem Jeffries and his fellow Democrats ultimately backed a deal stripped of many of the incentives initially included to garner more support among his party.

Elon Musk and other conservative activists opposed the initial bipartisan bill earlier this week, effectively killing it. Trump then urged Republicans to pass a pared-down funding bill and an extension of the debt ceiling. On Thursday night, 38 House Republicans and nearly every House Democrat voted against that plan, raising the stakes as a shutdown approached.

"The last 72 hours highlighted the positive impact that DOGE can have, but it also laid bare the massive lift ahead next year," Vivek Ramaswamy, who will co-lead Trump's "Department of Government Efficiency" with Musk wrote on X, "We're Ready for It."

Musk also announced his support of the legislation before its passage. Johnson told reporters he had a brief conversation with him.

"The Speaker did a good job here, given the circumstances," Musk wrote on X. "It went from a bill that weighed pounds to a bill that weighed ounces. Ball should now be in the Dem court."

The episode illustrated that significant divisions remain among Republican lawmakers that even Trump can struggle to paper over. Trump has ambitious plans for his second term, including the potential of using a special procedural power known as reconciliation to ram through tax extensions and border security measures. He'll only be successful if the GOP can remain almost entirely united.

Read the original article on Business Insider

❌
❌