Latest in Speaker Funding Scuffle
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Target-date funds — the most popular 401(k) plan investment — don't work for everyone
Target-date funds are poised to capture about two-thirds of all 401(k) contributions by 2027. While they benefit many investors, others may see drawbacks.CNBC - 4h -
France's former President Sarkozy standing trial over alleged campaign funding by Libya's Gadhafi
France’s former President Nicolas Sarkozy goes on trial Monday over alleged illegal financing of his 2007 presidential campaign by the government of late Libyan leader Moammar GadhafiABC News - 16h -
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 - 1h -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - 11h -
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 - 12h -
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 - 19h -
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 - 1d -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - 2d -
Mike Johnson reelected as House speaker in dramatic vote
The new Congress kicked off in dramatic fashion on the House floor after Republican Mike Johnson won a full term as House Speaker after a razor-thin win. Two votes flipped in his favor after they ...CBS News - 2d -
House votes to reelect Mike Johnson as House speaker
Mike Johnson will return as House speaker after narrowly winning reelection with the help of President-elect Trump who made some last-minute calls to help flip a few crucial holdouts. NBC’s Julie ...NBC News - 2d -
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 - 2d -
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Johnson’s Reward as Speaker: An Impossible Job Delivering for Trump
Speaker Mike Johnson narrowly avoided a painful and prolonged fight to keep his post, but his messy victory showed how difficult his job will be in the new all-Republican Congress.The New York Times - 2d -
Speaker Johnson prevails in a nail-biter: Five takeaways
Speaker Mike Johnson (R-La.) on Friday defied his most conservative critics to retain his gavel in the next Congress, overcoming threats from a group of far-right lawmakers leery of his leadership ...The Hill - 2d -
Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - 3d -
Mike Johnson reelected as House speaker | Special Report
Louisiana Rep. Mike Johnson has secured enough votes to remain House speaker after a tense round of voting led to three holdouts. Two defectors ended up changing their votes to support Johnson. ...CBS News - 3d -
Mike Johnson re-elected as House speaker
The House Republicans have voted to re-elect Rep. Mike Johnson, R-La., as House speaker. NBC News' Julie Tsirkin and Garrett Haake report on Capitol Hill on how Johnson worked to flip opposition ...NBC News - 3d -
GOP holdout Spartz to back Speaker Johnson
Rep. Victoria Spartz (R-Ind.), a key GOP vote who previously suggested she would not back Speaker Mike Johnson (R-La.), minutes before the vote signaled she'd back him. "I appreciate ...The Hill - 3d -
House to vote for speaker as new Congress convenes
House Speaker Mike Johnson will try to retain his gavel as lawmakers of the 119th Congress meet for the first time on Friday.CBS News - 3d -
Will Matt Gaetz Participate in the House Speaker Vote?
The Florida Republican, who resigned his House seat during his short-lived bid for attorney general, has publicly flirted with the idea of showing up in Congress on Friday.The New York Times - 3d -
House holds vote to elect speaker
Watch live coverage as the House of Representatives holds a vote to elect the next speaker, with current House Speaker Mike Johnson, R-La., aiming for re-election.NBC News - 3d -
Trump boosts Johnson ahead of Speaker vote
President-elect Trump gave a public boost to Speaker Mike Johnson (R-La.) hours before House lawmakers vote to determine whether he will keep the gavel to start the next Congress and amid ...The Hill - 3d -
Will House Speaker Mike Johnson retain the gavel?
Members of the House of Representatives are set to vote for the speaker role on Capitol Hill as the current lower-chamber leader, Louisiana Rep. Mike Johnson, awaits his fate. Johnson is still ...CBS News - 3d -
Whip list: Lawmakers to watch in Friday’s Speaker vote
Around a dozen lawmakers remain major question marks in Speaker Mike Johnson's (R-La.) quest to win a floor vote for the gavel on Friday. While specific interests of the holdouts vary, those ...The Hill - 3d -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - 3d -
These tips for investing in mutual funds and ETFs can make 2025 a happy new year
Don’t miss these top money and investing features.MarketWatch - 3d -
Conservatives seek commitments as Johnson scrambles for Speaker votes
A dozen hard-line House conservatives are demanding a host of amorphous commitments from Speaker Mike Johnson (R-La.) to win their support Friday, throwing his leadership tenure into uncertainty ...The Hill - 4d -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - 4d -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - 4d -
All Democrats expected to participate in Speaker’s vote
All Democrats are expected to be in the Capitol on Friday for the vote to seat the next Speaker of the House, according to the Democratic whip’s office. The full participation of Democrats is ...The Hill - 4d -
Johnson expresses confidence ahead of Friday's Speaker vote
Speaker Mike Johnson (R-La.) on Thursday expressed confidence about his chances ahead of the House’s Speaker vote on Friday. “We’re going to get this done,” Johnson said in an interview on “Fox & ...The Hill - 4d -
House to vote on rule making it harder to oust speaker
The threshold that allowed a single member to trigger a no-confidence vote to remove the speaker will be increased to nine members.CBS News - 5d -
Trump endorses Mike Johnson to remain as House Speaker
President-elect Trump rang in the new year at his Mar-a-Lago home, less than three weeks before Inauguration Day, telling reporters that he would attend President Carter’s funeral and reiterated ...NBC News - 5d -
Tossing Speaker Johnson would be a huge mistake
A drawn-out battle over the Speaker’s gavel would be the worst way to begin the 2025 legislative session.The Hill - 5d -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - 5d
