Latest in Taiwan lawmakers risk alienating Trump with defence funds freeze
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FirstFT: Taiwan lawmakers risk provoking Trump’s ire with defence funds freeze
Also in today’s newsletter, Huawei challenges Nvidia’s AI chip dominance in China, and US president threatens to trigger a global tax fightFinancial Times - 3h -
Danish lawmaker delivers blunt message to Trump over Greenland
“Mr. Trump, f*** off!” said Anders Vistisen, a Danish member of the European Parliament, rejecting the idea that Greenland could ever be for sale. He was then rebuked for using profane language in ...NBC News - 3h -
Lawmakers react to Trump's executive orders
Lawmakers on Capitol Hill are responding to President Trump's executive orders signed on Day 1 of his second term in the White House. The actions include measures on immigration and birthright ...CBS News - 6h -
Judge blocks release of Smith's report on Trump documents case to lawmakers
The first volume of special counsel Jack Smith's report on the 2020 election case against President Trump was released last week.CBS News - 9h -
World's biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
"If you look at the risk to financial markets, I think inflation is for sure one, all driven by tariffs."CNBC - 15h -
Taiwan lawmakers risk alienating Trump with defence funds freeze
US president has claimed Washington is providing ‘insurance’ for TaipeiFinancial Times - 15h -
Trump freezes new outer continental shelf offshore wind leases
President Trump directed the Treasury Department to freeze new offshore wind leases on the outer continental shelf Monday evening as one of a flurry of executive orders he signed within hours of ...The Hill - 22h -
Lawmakers side-eye billionaire CEOs getting prime Trump inauguration seats
Billionaire tech CEOs Jeff Bezos of Amazon, Mark Zuckerberg of Meta, Sundar Pichai of Google, Tim Cook of Apple, and Elon Musk got prime seats at President Trump’s inauguration in the Capitol ...The Hill - 1d -
Freezing rain dampens mood in Washington ahead of Trump’s inauguration – photo essay
Photographer Jordan Gale documents preparations for 60th presidential inauguration, showing a US poised and polarised between hope and fear. Washington is a city on edge. Concrete barriers, ...The Guardian - 1d -
Ukraine war briefing: Russia and Iran deepen defence ties as Trump inauguration looms
Trump has pledged to broker peace in Ukraine and take tougher stance on Tehran; EU foreign policy chief urges bloc members to extend Russia sanctions. What we know on day 1,060. See all our ...The Guardian - 3d -
Trump inauguration moved inside the Capitol due to freezing temperatures
President-elect Donald Trump said his inauguration will take place in the Capitol Rotunda due to dangerously low temperatures.CBS News - 4d -
Sam Altman claps back at Senate inquiry into Trump inaugural fund donation
OpenAI CEO and co-founder Sam Altman clapped back at two Democratic senators' inquiry into his $1 million personal donation to President-elect Trump's inaugural fund, quipping Friday he was not ...The Hill - 4d -
Trump inauguration moved indoors because of freezing temperatures
President-elect Trump’s inauguration ceremony is being moved indoors because of expected bitter cold Monday in Washington, D.C. Trump and Vice President-elect JD Vance are expected to be sworn in ...The Hill - 4d -
Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns
Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautionsFinancial Times - 4d -
Former Vice President Pence calls on Trump to renew US support for Taiwan
Former U.S. Vice President Mike Pence has called on President-elect Donald Trump to renew his pledge to support Taiwan in the event of a Chinese invasionABC News - 4d -
Pence urges Trump to stay committed to Taiwan during surprise visit to Taipei
The incoming Trump administration should renew its commitment to providing Taiwan with the means to defend itself, former Vice President Mike Pence said.NBC News - 4d -
Mike Pence to Trump: cutting Taiwan support would ‘likely spark a new nuclear arms race’
Former vice-president makes surprise visit to Taipei and predicts that if China annexes its neighbour other Asia-Pacific countries will build nuclear arsenals. Mike Pence called on Donald Trump’s ...The Guardian - 4d -
Sub-freezing temperatures, sunshine forecast for Trump inauguration
Sub-freezing temperatures and sunshine are forecast for President-elect Trump’s inauguration Monday. The bitter cold follows a period of wintry weather in the Washington area that featured a few ...The Hill - 5d -
Managers roll out record number of defence funds in Asia-Pacific
A total of 15 military-themed funds launched in the region in 2024 compared with just one in 2023Financial Times - 5d -
World Monuments Fund Puts Moon on List of At-Risk Sites
The organization said that more than 90 important sites on the moon could risk destruction if space tourism is left unregulated.The New York Times - 6d -
Biden Trump-proofs $74bn in climate funding but $20bn remains vulnerable
Allocation of funds from Inflation Reduction Act makes it harder for president-elect to halt green initiatives. The Biden administration has raced to allocate $74bn of funding for climate ...The Guardian - Jan. 14 -
Trump risks turning the US into a rogue state
Territorial expansionism and threats to neighbours and allies should set off alarm bells across the worldFinancial Times - Jan. 13 -
Trump frustrated with GOP lawmakers over debt-limit quandary
President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after venting his frustration with the Senate GOP over their failure to raise the ...The Hill - Jan. 13 -
House GOP lawmakers raised alternative debt limit plays in huddle with Trump
President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed lifting the debt limit in legislative vehicles other than the "big, beautiful ...The Hill - Jan. 12 -
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.The New York Times - Jan. 12 -
Greenland lawmaker says Trump Jr. visit 'was all staged'
A member of Greenland's Parliament said Donald Trump Jr.'s visit to the island this week was "all staged" to make it look like Greenlanders supported President-elect Trump as he ramps up rhetoric ...The Hill - Jan. 9 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Google and Microsoft donate $1m each to Trump’s inaugural fund
Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...The Guardian - Jan. 9 -
Lawmaker lauds Trump's expansion plan: Panama, Greenland, Canada 'should be honored’
Rep. Brandon Gill (R-Texas) says Canada, Panama and Greenland should be "honored" by President-elect Trump's ambitions to make them part of the United States. "I think that the people of Panama, I ...The Hill - Jan. 9 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
Congress to finalize Trump's victory as lawmakers count electoral votes
Congress will convene to count the votes of the Electoral College and formally cement President-elect Donald Trump's victory in the 2024 presidential election.CBS News - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
Lawmakers brace for Trump's promised Jan. 6 pardons. Some are urging restraint
The fourth anniversary of the Jan. 6 attack on the Capitol has a new focus as lawmakers brace for the prospect that Donald Trump may soon pardon many of the more than 1,500 people charged with ...ABC News - Jan. 5 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - Jan. 4