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Wray to resign as FBI director before Trump's inauguration
President-elect Donald Trump announced in November that he intended to name Kash Patel to replace Cristopher Wray as FBI director.CBS News - 1d -
Chris Wray plans to resign as FBI director ahead of Trump inauguration
FBI Director Christopher Wray has announced his plans to resign from the position ahead of President-elect Trump's inauguration. Trump appointed Wray during his first term in office and has already ...NBC News - 1d -
Democrats fear more IRS cuts in funding fight with GOP
The White House and congressional Democrats are fighting to protect $20 billion in funds for the IRS as the tax collection agency faces significant changes next year. As bipartisan funding talks ...The Hill - 1d -
FirstFT: Qatar’s sovereign fund plans to deploy cash ‘aggressively’
Also in today’s newsletter, Microsoft poaches Google DeepMind staff, and court blocks The Onion’s purchase of InfowarsFinancial Times - 1d -
China ramps up Wall Street meetings as Trump inauguration looms
Chinese Vice Premier He Lifeng has met with several U.S. finance executives as Beijing seeks to build relationships in the face of rising bilateral tensions.CNBC - 2d -
Qatar’s $500bn wealth fund targets bigger deals as LNG windfall looms
New chief says QIA will deploy cash ‘more aggressively’ as it conducts investment review ahead of huge influxFinancial Times - 2d -
GM exits robotaxi market, will bring Cruise operations in house
General Motors will no longer fund its Cruise division's robotaxi development, effectively pulling out of the market.CNBC - 2d -
GM to stop funding troubled Cruise autonomous vehicle unit
General Motors says it will move away from the robotaxi business and cease funding its money-losing Cruise autonomous vehicle division that originated as a San Francisco start-up.CBS News - 2d -
Evening Report — Clock ticks toward government funding deadline
{beacon} Evening Report © The Hill, Greg Nash 10 days: Congress speeds toward government funding deadline THE LAME-DUCK CONGRESS is barreling toward a Dec. 20 deadline to fund the government. ...The Hill - 2d -
US gives $20bn to Ukraine funded by seized Russian assets
The move means Russia is being forced to "bear the costs of its illegal war", the US Treasury said.BBC News - 2d -
Live updates: Congress sprints to end as Trump nominees make rounds
Lawmakers returned to the Capitol this week to begin a sprint to finish work on a bill to keep the government funded, and legislation to authorize major defense programs. Read about the effort to ...The Hill - 2d -
EU’s new agriculture chief seeks more funds for small farmers
Christophe Hansen seeks changes to bloc’s multibillion-euro farm subsidy schemeFinancial Times - 3d -
How a Realtors’ Nonprofit Quietly Funds Conservative Advocacy Groups
The National Association of Realtors has created a nonprofit that gives more heavily to one side of the political aisle and to groups that have little to do with real estate and housing.The New York Times - 3d -
BoE warns that hedge funds bring ‘vulnerabilities’ to gilt market
Deputy governor Ramsden says leverage and concentration in certain funds could lead to ‘system-wide risks’Financial Times - 3d -
Social Security beneficiaries at risk of delays amid GOP funding fight
Social Security beneficiaries could face longer wait times for service next year unless Congress agrees to the White House budget office’s request to increase funding for the Social Security ...The Hill - 3d -
This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - 5d -
Romanian prosecutors conduct raids linked to funding of Georgescu's campaign
Romanian prosecutors have conducted raids linked to an man suspected of illegally financing a campaign to promote Calin Georgescu’s presidential runABC News - 5d -
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Gaza peace deal possible before Trump inauguration, Qatar’s PM says
Mohammed bin Abdulrahman bin Jassim Al Thani says there is work being done ‘to get things back on track’. Momentum has returned to the Gaza peace talks and an agreement is possible before Donald ...The Guardian - 5d -
World Bank reaches $100bn funding target but faces Trump challenge
US contribution under Biden sets up potential battle in the new Congress next yearFinancial Times - 6d -
Investors pour $140bn into US stock funds after Trump election victory
Bets incoming administration will enact ‘pro growth’ agenda spur rush into Wall Street equitiesFinancial Times - Dec. 6 -
Women's health research needs funding boost, report says
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Women's health research needs funding boost, report says Roughly 9 percent of the National Institutes of ...The Hill - Dec. 5 -
Harris's next role should be raising funds for a Black reparations bank
While Democrats tend to promote broad-based economic policies that “lift all boats,” the Black community needs targeted programs to make up for lost ground.The Hill - Dec. 5 -
What are Social Security's trust funds? New debate emerges on program's financing
As Social Security's trust funds run low, one politician is questioning the way the program is financed.CNBC - Dec. 5 -
Europe races to set up €500bn defence fund
Initiative is open to UK and would tap bond markets to boost spending for Trump’s White House returnFinancial Times - Dec. 5 -
Trump’s top inauguration donors to be rewarded with dinners and access
Those who donate $1m or raise $2m will get invites to dinners with Donald and Melania Trump as well as JD Vance. Top donors to Donald Trump’s inauguration committee will be rewarded with dinners ...The Guardian - Dec. 4 -
9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
Who will perform at Donald Trump’s inauguration?
Donald Trump is due to be sworn in as the 47th president of the United States at his inauguration on Jan 20, 2025.Yahoo Sports - Dec. 3 -
Peter Thiel's Founders Fund loses one of first partners to emeritus role
Brian Singerman said on Tuesday that he's stepping down as a general partner of Founders Fund after 13 years.CNBC - Dec. 3 -
Trump team outlines inauguration benefits for donors
President-elect Trump’s team outlined the Trump-Vance Inaugural Committee benefits for donors over the Jan. 20 weekend, which include a reception with Cabinet picks, a Sunday service and the ...The Hill - Dec. 3 -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - Dec. 3 -
Netanyahu Welcomes Trump’s Demand to Free Hostages Before Inauguration
The Israeli leader’s comments came after President-elect Donald J. Trump threatened to take unspecified action unless the hostages held in Gaza are released by Jan. 20.The New York Times - Dec. 3 -
Funding issues and ‘over-optimism’ behind UK failures on jobs data
Statistics agency review reveals flaws that left policymakers without a reliable unemployment figure for a yearFinancial Times - Dec. 3 -
Meta’s Zuckerberg seeks ‘active role’ in Trump tech policies
Policy chief Nick Clegg says social media company ‘overdid it’ on content moderation, as it seeks to placate president-electFinancial Times - Dec. 3 -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -