Page 345 - Donald Trump

Bitcoin marches towards $100,000 on optimism over Trump crypto plans

Bitcoin prices topped $98,000 for the first time during European trading, and were last up around 4 per cent on the day

'Jeff Bezos advised selling Tesla stocks thinking Trump would lose': Musk

Donald Trump is set to assume office on January 20 and has been naming his picks for key administrative roles. The list also features Musk, who will co-lead DOGE to make the US govt more 'efficient'

Sundar Pichai dials Donald Trump to congratulate, Elon Musk joins call

Elon Musk joins Sundar Pichai's congratulatory call to President-elect Donald Trump, solidifying his close ties with the leader

US chief of staff a former lobbyist; will face raft of special interests

As incoming White House chief of staff, one of Susie Wiles' vexing challenges will be policing the buffet line of powerful interests who want something from Donald Trump. It's a world she knows well. During Trump's first presidency, she lobbied for many of them. Trump was first elected on a pledge to drain the swamp in Washington. But his transactional approach to the presidency instead ushered in a lobbying boom that showered allies, including Wiles, with lucrative contracts, empowered wealthy business associates and stymied his agenda after his administration was ensnared in a series of influence-peddling scandals. Now, as Trump prepares to return to power, his victory is likely to embolden those who think they can get his ear, raising the prospect that his second administration could face many of the same perils as his first. That will test the ability of Wiles to manage a growing number of high-powered figures including Trump's children, his son-in-law Jared Kushner and ...

US gathers allies to talk AI safety as Trump vows to undo existing policy

President-elect Donald Trump has vowed to repeal President Joe Biden's signature artificial intelligence policy when he returns to the White House for a second term. What that actually means for the future of AI technology remains to be seen. Among those who could use some clarity are the government scientists and AI experts from multiple countries gathering in San Francisco this week to deliberate on AI safety measures. Hosted by the Biden administration, officials from a number of US allies among them Australia, Canada, Japan, Kenya, Singapore, the United Kingdom and the 27-nation European Union began meeting Wednesday in the California city that's a commercial hub for AI development. Their agenda addresses topics such as how to better detect and combat a flood of AI-generated deepfakes fueling fraud, harmful impersonation and sexual abuse. It's the first such meeting since world leaders agreed at an AI summit in South Korea in May to build a network of publicly backed safety

Bitcoin hits record $97,000 as cryptocurrency seeks direct line to Trump

The crypto market as a whole consolidated gains of approximately $900 billion since Trump's election victory on Nov. 5, based on data from CoinGecko

President-elect Donald Trump announces US envoys to Nato and Canada

US President-elect Donald Trump has announced his envoys for NATO and Canada, following his nominations for ambassador to Israel and Special Envoy to the Middle East. Trump said on Wednesday that Acting Attorney General Matthew G Whitaker will be the US Ambassador to the North Atlantic Treaty Organisation (NATO), while former Congressman Pete Hoekstra has been nominated as Ambassador to Canada. Hoekstra represented Michigan's 2nd District in Congress for nearly 20 years, during which he was also Chairman of the House Intelligence Committee. I overhauled the disastrous NAFTA (North American Free Trade Agreement), the worst Trade Deal in the History of the United States, which was switched to the USMCA (Mexico/Canada), which no one thought could be done. We brought Trade with Mexico and Canada to a level playing field for our wonderful farmers and working families, Trump said. In my second term, Pete will help me once again put AMERICA FIRST. He did an outstanding job as United State

Musk, Ramaswamy share their blueprint for govt reforms including job cuts

Tesla owner billionaire Elon Musk and Indian American entrepreneur Vivek Ramaswamy in an op-ed provided an insight into their blueprint for an unprecedented government reform that includes mass federal job cuts and massive expense reduction. Following his stunning electoral victory, President-elect Donald Trump entrusted Musk, 53, and Ramaswamy, 39, with government reform by appointing them to head the newly created Department of Government Efficiency (DOGE). The two confidants of Trump wrote in an op-ed in The Wall Street Journal on Wednesday that they will serve as outside volunteers, assisting the Trump transition team in identifying and hiring a lean team of small-government crusaders, including some of the sharpest technical and legal minds in America. This team will work closely with the White House Office of Management and Budget in the new administration. The two of us will advise DOGE at every step to pursue three major kinds of reform: regulatory rescissions, administrati

Trump team considers creating first-ever White House cryptocurrency role

Discussions about the crypto role have included the person leading a small staff, and acting as a liaison between Congress, the White House and the various agencies with jurisdiction over crypto

Lawmakers concerned about background checks of Trump's Cabinet picks

As senators prepare to consider President-elect Donald Trump's picks for his Cabinet, they may be doing so without a well-established staple of the confirmation process: an FBI background check. The Trump transition team has so far not signed the requisite agreements with the White House or the Justice Department to allow the FBI to screen his personnel choices, both for the process of obtaining security clearances and meeting the Senate's usual standards for nominations. That means the Senate could be asked to vote on Trump's picks without the usual rigorous background checking meant to uncover personal problems, criminal histories or other red flags that would raise questions about a nominee's suitability for the job. There already are questions about problematic issues related to a number of the people Trump wants in his administration. There are very real liabilities on the security side if you don't get this right, said Dan Meyer, a Washington lawyer at the Tully Rinckey law fi

Elon Musk, Ramaswamy eye five-day office week for federal employees

Musk and Ramaswamy said the new Department of Government Efficiency would help reduce the federal workforce by compelling employees to resign

Hush money case: Donald Trump's lawyers urge judge to dismiss conviction

Trump was convicted in May of falsifying business records to cover up a scheme to influence the 2016 election by paying hush money to squelch a story of extramarital sex

Trump chooses former acting Attorney General Whitaker as Nato ambassador

Donald Trump says he has chosen former acting Attorney General Matt Whitaker to serve as US ambassador to NATO, the bedrock Western alliance that the president-elect has repeatedly expressed skepticism about. Trump, in a statement, said Whitaker was a strong warrior and loyal Patriot" who "will ensure the United States' interests are advanced and defended and strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability. The choice of Whitaker as the nation's representative to the North Atlantic Treaty Organisation is an unusual one, given his background is as a lawyer and not in foreign policy.

WWE co-founder Linda McMahon latest addition to Trump cabinet: Check list

A professional wrestling magnate, Linda McMahon is the former CEO of the professional wrestling franchise WWE and has been a strong supporter of Donald Trump since almost a decade

Donald Trump to interview Kevin Warsh, Marc Rowan for Treasury job today

Trump's search for a Treasury Secretary was widening after it was stalled over the weekend

Putin, ascendant in Ukraine, eyes contours of a Donald Trump peace deal

US President-elect Trump, who has vowed to swiftly end the conflict, is returning to the White House at a time of Russian ascendancy

India looks forward to engaging with Trump, his administration: Amb Harish

India looks forward to closely engaging with US President-elect Donald Trump and his new administration once they take over, New Delhi's envoy to the UN has said. We respect the choice of the American citizens. We deal with all governments. I think the relationship with India enjoys bipartisan consensus amongst both parties, India's Permanent Representative to the UN Ambassador Parvathaneni Harish said during an interactive session at Columbia University here on Tuesday. Harish was responding to a question on India's reaction to the just concluded US presidential elections in which Trump emerged victorious, defeating his Democratic rival Vice President Kamala Harris, and was elected as America's 47th President. Harish said that India has had a very close cooperation and relationship when President Trump was there in his first tenure. We look forward to closely engaging with the President and his new administration once they take over. The Indian envoy delivered a keynote address on

Africans worry Trump will reimpose abortion 'gag rule' governing US aid

Carrying her infant daughter, 19-year-old Sithulisiwe Moyo waited two hours to get birth-control pills from a tent pitched in a poor settlement on the outskirts of Zimbabwe's capital, Harare. The outreach clinic in Epworth provides Moyo with her best shot at achieving her dream of returning to school. I am too young to be a baby-making machine," she said. "At least this clinic helps me avoid another pregnancy. But the free service funded by the US government, the world's largest health donor, might soon be unavailable. As he did in his first term, US President-elect Donald Trump is likely in January to invoke the so-called global gag rule, a policy that bars US foreign aid from being used to perform abortions or provide abortion information. The policy cuts off American government funding for services that women around the world rely on to avoid pregnancy or to space out their children, as well as for heath care unrelated to abortion. Four decades of on-again, off-again ...

Here's what Trump's calls for dismantling education department means

Throughout his campaign, President-elect Donald Trump heaped scorn on the federal Department of Education, describing it as being infiltrated by radicals, zealots and Marxists. He has picked Linda McMahon, a former wrestling executive, to lead the department. But like many conservative politicians before him, Trump has called for dismantling the department altogether a cumbersome task that likely would require action from Congress. The agency's main role is financial. Annually, it distributes billions in federal money to colleges and schools and manages the federal student loan portfolio. Closing the department would mean redistributing each of those duties to another agency. The Education Department also plays an important regulatory role in services for students, ranging from those with disabilities to low-income and homeless kids. Indeed, federal education money is central to Trump's plans for colleges and schools. Trump has vowed to cut off federal money for schools and college

Mexico officials warn about Trump's tariff impact on US companies

Trump campaigned on a pledge to roll out a slew of tariffs, including for firms that had moved operations to Mexico, in a bid to restore jobs in the US