Jim Jordan Backs Elon Musks Authority to Cut Federal Government
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Musk blames Ukraine for X outage
Presented by Ericsson — Elon Musk said his social media platform X was targeted in a “massive cyberattack” on Monday and later claimed the attack was traced back to Ukraine. {beacon} Technology ...The Hill - 2d -
Fed rate cuts could ward off a serious recession, Jim Cramer says
CNBC's Jim Cramer analyzed Wednesday's market action.CNBC - 21h -
White House says Trump won't cut Social Security, Medicare after Musk remarks
The White House on Tuesday asserted President Trump would not cut Social Security or Medicare after tech billionaire Elon Musk's comments about the need to examine entitlement spending gained ...The Hill - 2d -
Tesla faces backlash over Elon Musk's ties to Trump and far-right support
Tesla shares have plunged more than 47% since President Trump's inauguration as criticism mounts over Elon Musk's involvement in the administration and his statements backing far-right views. ...CBS News - 2d -
DOGE chief Elon Musk says he's running businesses 'with great difficulty' as Tesla shares tank
The Tesla CEO Musk said he expected to realize $1 trillion in government savings for the Trump administration as part of the DOGE project.CNBC - 2d -
Trump calls Tesla boycott 'illegal' and says he's buying one to support Elon Musk
Trump called Musk, the controversial leader of Tesla and a new government efficiency initiative, a "truly great American."CNBC - 1d -
Elon Musk’s X suffers multiple outages
Elon Musk's social media platform X experienced several outages on MondayCNBC - 3d -
Trump, Musk fuel fears of Social Security cuts with 'fraud' talk
President Trump and his billionaire adviser Elon Musk are ratcheting up false rhetoric about Social Security, repeatedly claiming the program wastes hundreds of billions of dollars in fraudulent ...The Hill - 1d -
Senate Democrats leery of blocking GOP bill fear shutdown politics have changed
Senate Democrats are leery of blocking a House Republican-drafted six-month government funding bill, fearing that a government shutdown may backfire on them politically by giving Elon Musk and the ...The Hill - 2d -
Republicans want to repeal Biden’s climate legacy. Good luck with that.
President Trump has used funding pauses and Elon Musk's Department of Government Efficiency to target climate initiatives by the federal government, but will need the help of Congress to repeal the ...The Hill - 1d -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - 8h -
Musk calls Sen. Kelly a 'traitor' over trip to Ukraine, Kelly hits back
Elon Musk called Democratic Sen. Mark Kelly a "traitor" in a post on X after Kelly posted that he had visited Ukraine over the weekend.ABC News - 2d -
Department of Education cuts half its workforce
The Department of Education cut half its workforce amid President Trump’s effort to abolish the agency. Trump touted the cuts, saying they shift responsibilities away from the federal bureaucracy ...NBC News - 20h -
Watchdog requests probe into FAA business with Musk's Starlink
A watchdog group has asked the Transportation Department’s inspector general to investigate whether the Federal Aviation Administration’s (FAA) business with Elon Musk’s Starlink violates conflict ...The Hill - 2h -
Elon Musk’s Neuralink Files to Trademark ‘Telepathy’
The brain implant company cofounded by Elon Musk is moving to trademark several product names, including Telepathy and Telekinesis.Wired - 5d -
Why Trump’s Tesla Showcase Mattered to Elon Musk
A lot has changed since former President Joseph R. Biden Jr. snubbed Elon Musk at an event in 2021.The New York Times - 20h -
Musk outlines DOGE work in rare TV interview
Tech billionaire Elon Musk offered new details about the work of President Trump’s Department of Government Efficiency (DOGE) on Monday, while doubling down on the group’s efforts amid mounting ...The Hill - 2d -
Elon Musk's feud with OpenAI CEO Sam Altman, explained
Elon Musk's legal dispute against OpenAI could affect the future of one of the most prominent leaders in artificial intelligence.Los Angeles Times - 3d -
Elon Musk says "massive cyberattack" is causing outages at X
Elon Musk's social media site X wasn't working for thousands of users on Monday, with the billionaire claiming a cyberattack.CBS News - 3d -
Elon Musk Suggests DOGE Team Will Scrutinize Social Security and Entitlement Spending
In an interview with Larry Kudlow, Elon Musk claimed that fraud in Social Security and other major programs was “the big one to eliminate.”The New York Times - 2d -
What Elon Musk’s Suit Says About Trump and Power
When Elon Musk puts on a nice suit, it has a way of looking like a demotion.The New York Times - 1d -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - 5d -
Cuts to NASA’s budget could derail America’s Mars ambitions
Such major and arbitrary cuts to NASA’s budget would do very little to save money, but they will undercut and decimate one of the most cost-effective programs within the federal government.The Hill - 7h -
White House renews Social Security pledge after Musk comments
The White House is trying to assure Americans that President Trump will not make cuts to Social Security and Medicare after adviser Elon Musk went after entitlement spending. {beacon} Health Care ...The Hill - 1d -
'SNL' taps into cynicism over Elon Musk's White House influence
Questions about tech investor Elon Musk's extraordinary influence in President Donald Trump's White House found answers that doubled as punchlines on "Saturday Night Live."NBC News - 4d -
Sen. Mark Kelly says Elon Musk is "not a serious guy"
Elon Musk called Sen. Mark Kelly a "traitor" after the Arizona Democrat posted on X about his recent trip to Ukraine.CBS News - 2d -
Trump buys a Tesla from Elon Musk at the White House
President Donald Trump bought a Tesla from Elon Musk at the White House. Trump declared the vehicles “beautiful” and in particular praised the company’s unusually designed Cybertruck.NBC News - 1d -
Tesla Stocks Tumble as Elon Musk’s Political Role Grows More Divisive
The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.The New York Times - 1d -
‘Not good enough and overpaid’: Sir Jim Ratcliffe’s attack on United players
Co-owner backs Ruben Amorim to stay for ‘long time’ He admits not sacking Erik ten Hag in summer was error Sir Jim Ratcliffe has launched a blistering attack on Manchester United players, ...The Guardian - 2d -
There Is a Liberal Answer to Elon Musk
Right-wing populism thrives on scarcity. The answer is abundance. But a politics of abundance will work only if Democrats confront where their approach has failed.The New York Times - 4d -
Elon Musk’s self-destruction
The cost for Donald Trump of keeping the world’s richest man by his side is growingFinancial Times - 2d -
Musk and Rubio spar with Polish minister over Starlink in Ukraine
The three went back and forth in an exchange of posts on X over Starlink being cut off in Ukraine.BBC News - 3d -
Why Social Security’s Future Could Be in DOGE’s Hands
Trump promised that Elon Musk’s DOGE wouldn’t touch Social Security. But DOGE is already making cuts to the agency.Inc. - 4d -
Tesla shares have declined every week since Elon Musk went to Washington
Tesla's stock has dropped for seven straight weeks, a stretch that dates back to the beginning of Donald Trump's second term in the White House.CNBC - 5d -
Elon Musk calls Sen. Mark Kelly a 'traitor' over his social media posts in support of Ukraine
Kelly, a former Navy combat pilot, responded to the tech billionaire’s remark by saying “he’s not a serious guy” and should “go back to building rockets.”NBC News - 2d -
Trump buys Tesla to 'make a statement' about Musk backlash
President Trump said Tuesday he was buying a Tesla vehicle as he doubled down on his support of Elon Musk, who has come under mounting scrutiny for leading the Trump administration's government ...The Hill - 2d -
Elon Musk Claims X Targeted in ‘Massive Cyberattack’
X (formerly Twitter) went down for thousands of users on Monday. Musk blamed a cyberattack.Inc. - 3d -
Elon Musk claims ‘massive cyber-attack’ caused X outages
Billionaire owner speculates ‘coordinated group/and or country’ involved after platform was unresponsive for many. Elon Musk claimed on Monday afternoon that X was targeted in a “massive ...The Guardian - 2d -
How Elon Musk's Trump support could hurt — or help — Tesla
Elon Musk is both the CEO of the largest U.S. EV maker and the right-hand-man to President Donald Trump. Bears say it's a disaster for Tesla, bulls say a boon.CNBC - 2d -
Elon Musk Seeks to Put $100 Million Into Trump Political Operation
Elon Musk has signaled he wants to make some donations not just to his own super PAC, which is called America PAC and has spent heavily on President Trump in the past, but to an outside entity.The New York Times - 1d