Latest in Trump, Egged On by Musk, Condemns Spending Deal, Raising Fears of Government Shutdown
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Government department spends £1,200 on two folders
It comes as Chancellor Rachel Reeves asks departments to highlight savings they can make in the next few years.BBC News - Dec. 10 -
Omar: Trump vow to end birthright citizenship will create 'outright fear'
Rep. Ilhan Omar (D-Minn.) late Monday said President-elect Trump’s threats to deport millions and to end birthright citizenship will spark “outright fear” across the country. She warned that in the ...The Hill - Dec. 10 -
Birmingham equal pay deal raises doubt over council’s bankruptcy
Authority to pay about £250mn to settle historic dispute, far less than previously expectedFinancial Times - Dec. 10 -
Congress races toward fast-approaching government shutdown deadline
Congress has just 10 days until government funding is set to run out, and lawmakers don’t have a deal to keep the lights on during the holidays. Members on both sides of the aisle expect the ...The Hill - Dec. 10 -
Hungary's Orbán meets with Trump and Musk
Hungarian Prime Minister Viktor Orbán met Monday with President-elect Trump, his incoming national security adviser and billionaire Elon Musk, who has wielded significant influence in Trump's ...The Hill - Dec. 9 -
Ro Khanna supports cutting defense spending in Trump's DOGE
Rep. Ro Khanna (D-Calif.) said that there could be “huge bipartisan cooperation” for President-elect Trump’s Department of Government Efficiency (DOGE) committee in the new year — at least when it ...The Hill - Dec. 9 -
Trump and Biden react to fall of Syrian government
The current and next president responded to the fall of Syrian President Bashar al-Assad's regime after he fled the country as rebels advanced into Damascus.ABC News - Dec. 9 -
Dodgers make no apologies for record spending, unprecedented deferred deals
L.A. owes more than $1 billion in deferred money to a star-studded roster. Here's how the Dodgers are doing it.ESPN - Dec. 8 -
Trump Says He Can’t Promise Tariffs Won’t Raise Consumer Prices
President-elect Donald Trump said in an interview that he wouldn’t make promises about the impact of his tariffs.Inc. - Dec. 8 -
Threatened With Jail, Liz Cheney Condemns Trump’s ‘Assault on the Rule of Law’
Liz Cheney, the former Republican representative, said President-elect Donald J. Trump “lied about” the bipartisan House committee that investigated his role in the Jan. 6, 2021, attack.The New York Times - Dec. 8 -
Trump 'can't guarantee' tariffs won't raise prices for consumers
President-elect Trump in a new interview that aired Sunday said he couldn't guarantee Americans would not pay more because of tariffs he has pledged to impose on imported goods. Trump, in an ...The Hill - Dec. 8 -
Trump says he ‘would consider’ raising the federal minimum wage
President-elect Donald Trump says there’s a “level at which you could” raise the federal minimum wage, but he would want to speak to governors first during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Trump says ‘we're not touching’ Social Security in proposed cuts to government spending
During an exclusive interview with Meet the Press, President-elect Donald Trump says he’ll make the federal government “more efficient,” but he does not plan to touch federal entitlements like ...NBC News - Dec. 8 -
Elon Musk spends $277 million to back Trump and Republican candidates
Elon Musk was the largest donor in the 2024 election cycle, spending at least $277 million to back President-elect Donald Trump and other Republican candidates.CBS News - Dec. 6 -
DOGE's Musk, Ramaswamy want Congress to pass huge spending cuts. That's a tough sell
Congress' enthusiasm for smaller government is tempered by the difficulty of agreeing on what to cut.CNBC - Dec. 6 -
How Much Did Trump, Biden and Harris Raise? A Stunning $4.7 Billion.
That figure, which includes totals from the three presidential contenders’ main allied groups, emerged in the final federal filings of a staggeringly expensive campaign.The New York Times - Dec. 6 -
Trump and giveaways: What Musk spent $270M on during the election
Elon Musk spent over a quarter of a billion dollars to help get Donald Trump back in the White House, according to newly released campaign finance records.ABC News - Dec. 6 -
Musk spent at least $250M to help elect Trump, filings show
Tech billionaire Elon Musk spent at least $250 million to help propel President-elect Trump back into the White House, the latest reports filed with the Federal Election Commission (FEC) show. ...The Hill - Dec. 6 -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - Dec. 6 -
Musk was sole donor to PAC saying Ginsburg agreed with Trump on abortion
Elon Musk was the sole funder of a super PAC that said the late Supreme Court Justice Ruth Bader Ginsburg supported President-elect Donald Trump’s abortion stance, according to a new federal ...MarketWatch - Dec. 6 -
Musk donated more than $250mn to Trump campaign, electoral filings show
Figures underscore lengths to which Tesla chief was prepared to go to secure victory in NovemberFinancial Times - Dec. 6 -
Elon Musk Brings Trump’s Government Efficiency Push to Capitol Hill
Elon Musk and former presidential candidate Vivek Ramaswamy went to Capitol Hill.Inc. - Dec. 5 -
Trump picks Musk ally David Sacks as crypto and AI tsar
Ex-PayPal executive and VC investor hosted Silicon Valley fundraiser for president-electFinancial Times - Dec. 6 -
Critics warn of 'broligarchy' as Musk takes government role
As Elon Musk and Vivek Ramaswamy prepare to lead the "Doge" — the Department of Government Efficiency — critics are dubbing Musk the "broligarch." Experts warn of a potential rise of an ...NBC News - Dec. 5 -
Vivek Ramaswamy and Elon Musk meet with Republicans to talk DOGE spending cuts
Elon Musk and Vivek Ramaswamy began swapping ideas in person with congressional Republicans about ways they could slash federal spending and regulations.NBC News - Dec. 5 -
Musk and Ramaswamy pitch spending advisory board to lawmakers on Capitol Hill
NBC News Capitol Hill Correspondent Ryan Nobles, Senior Capitol Hill Correspondent Garrett Haake and CNBC Senior Washington Correspondent Eamon Javers join Meet the Press NOW to report on Elon Musk ...NBC News - Dec. 5 -
Jeff Bezos, OpenAI founder talk Elon Musk’s new government role
CNBC’s Andrew Ross Sorkin joins TODAY to recap his annual DealBook Summit where he had conversations with Elon Musk’s top competitors, Amazon’s Jeff Bezos and OpenAI’s Sam Altman, to discuss Musk's ...NBC News - Dec. 5 -
Musk, Trump, A.I. and Other DealBook Summit Highlights
The economy, inflation, tariffs, the future of media, pardon politics and other big topics that made headlines this year.The New York Times - Dec. 5 -
Trump moves spark fear of brain drain at environment agencies
The incoming Trump administration is sparking fears that agencies tasked with protecting public health and the environment could suffer a "brain drain" — and that more pollution and other harms ...The Hill - Dec. 5 -
Sam Altman brushes off Musk's influence in Trump administration amid tension
Sam Altman, the CEO of tech company OpenAI, brushed off tech billionaire Elon Musk's influence in the upcoming Trump administration, according to a Wednesday report from The New York Times. Altman ...The Hill - Dec. 4 -
OpenAI CEO 'not that worried' about Elon Musk's influence in Trump administration
OpenAI CEO Sam Altman is locked in a legal dispute with rival Elon MuskABC News - Dec. 4 -
Trump's controversial Cabinet picks raise questions about lower ethical standards
The former president has shown he has no qualms about putting his most loyal confidants in his administration, no matter their baggage.ABC News - Dec. 4 -
Donald Trump, Elon Musk and the threat to press freedom
A second term for Trump has chilling implications for critical independent journalism and the media the industry . Donald Trump’s second term promises to deliver historic threats to US press ...The Guardian - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - Dec. 3 -
Congress faces shutdown dilemma that could mess with Trump's first 100 days
Congress faces a Dec. 20 deadline to avert a government shutdown and is expected to kick the funding fight til early 2025 when President-elect Donald Trump will be in office.NBC News - Dec. 3 -
Musk's record $56bn pay deal rejected for second time
The judge upheld her previous decision, saying board members who set the pay were too heavily influenced by Mr Musk.BBC News - Dec. 3 -
Concerns raised over Trump's FBI nominee's agenda and qualifications
Critics say that Kash Patel does not have the experience of past FBI directors - and some fear he will politicize the agency.BBC News - Dec. 3 -
Why Trump's FBI director pick Kash Patel is raising alarms
President-elect Donald Trump's intention to make Kash Patel his FBI director is drawing harsh critiques from some politicians who don't think he is the right person for the job. CBS News' Nancy ...CBS News - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2
