Latest in Trump, Egged On by Musk, Condemns Spending Deal, Raising Fears of Government Shutdown
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Europe may have to double its aid for Ukraine under Trump, diplomats fear
Kyiv told to increase domestic arms production as its officials say they have enough support to fight through 2025. European military aid to Ukraine may eventually need to be doubled if Donald ...The Guardian - Dec. 7 -
Elon Musk and the Tech Billionaires Steering Trump’s Transition Team
The involvement of wealthy investors has made this presidential transition one of the most potentially conflict-ridden in modern history.The New York Times - Dec. 7 -
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 -
Netanyahu and Trump may cut a cynical and costly Gaza deal
With Trump’s reelection, the Middle East could soon witness a deal of extraordinary cynicism: Ending the war in Gaza in exchange for Israeli annexation of parts of the West Bank.The Hill - 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 -
5 reasons Trump 47 will govern like no president in history
Trump's second term is expected to be marked by constitutional conflicts, business conflicts of interest, loyalty tests for generals, a hostile takeover of government, and a machismo attitude of ...The Hill - 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 -
Could Trump Make the Ultimate Deal With Iran?
Over the next four years, the toxic and seemingly unending psychodrama between the United States and Iran may very well see its final act.The New York 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 promises a crackdown on diversity initiatives. Fearful institutions are dialing them back already
As the president-elect and his allies plan a multi-pronged attack on DEI policies, companies and campuses are complying with threats even though they don’t have to. In 2020, Donald Trump signed ...The Guardian - 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 -
Trump Business Plans Ethics Policy Without Banning Foreign Deals
The family business of President-elect Donald J. Trump is expected to announce some restrictions on transactions but is not likely to accept as many limitations as it did eight years ago.The New York Times - Dec. 5 -
NATO chief urges European allies to ramp up defense spending as Trump returns to White House
NATO Secretary-General Mark Rutte is leading a fresh push for European countries to ramp up defense spendingABC News - Dec. 4 -
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 -
Kenneth Chesebro seeks to invalidate plea deal in Trump Georgia case
Kenneth Chesebro, a former lawyer for President-elect Trump, is seeking to invalidate his plea deal in the Georgia election interference case that also swept up his former boss as a defendant. ...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 -
‘I am acutely frightened’: artists talk of fears over a second Trump term
Figures in the art world including Amy Sherald and Marilyn Minter share their concerns ahead of Trump’s return. The Iraqi artist Vian Sora has seen the absolute worst that politics has to offer – ...The Guardian - Dec. 4 -
Trump takes aim at US Steel deal
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump says he'll block Nippon Steel-U.S. Steel deal President-elect Trump vowed ...The Hill - Dec. 3 -
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 -
NY Democrat: Patel picked to 'weaponize' government against Trump enemies
New York Rep. Dan Goldman (D) warned that some of President-elect Trump's Cabinet and senior staff picks will be used to "weaponize" the government, specifically mentioning Kash Patel, who was ...The Hill - 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 -
How the EU should deal with Trump’s tariff threat
Brussels must try to ensure its response to the US does not trample on trade rulesFinancial Times - Dec. 2