Trump picks hedge fund manager for treasury secretary

On

U.S. President-elect Donald Trump said he would nominate Scott Bessent as secretary of the treasury, according to a statement released Friday night. Bessent, 62, is the founder of Key Square Capital Management, a hedge fund, and has worked on and off for Soros Fund Managment since 1991. If confirmed, Bessent will be the nation’s first openly gay treasury secretary. He is a deficit hawk and has said he would work to lower the U.S. national debt. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sortmore

Leave a comment

Chinese hackers preparing for conflict with US, cyber official says

On

Chinese hackers are positioning themselves in U.S. critical infrastructure IT networks for a potential clash with the United States, a top American cybersecurity official said Friday. Morgan Adamski, executive director of U.S. Cyber Command, said Chinese-linked cyber operations are aimed at gaining an advantage in case of a major conflict with the United States. Officials have warned that China-linked hackers have compromised IT networks and taken steps to carry out disruptive attacks in the event of a conflict. Their activities include gaining access to key networks to enable potential disruptions such as manipulating heating, ventilation and air-conditioning systems in servermore

Leave a comment

Allies ponder NATO’s future with Trump

On

NATO allies are preparing for a potentially turbulent transatlantic relationship after the election of Donald Trump as U.S. president. During his first term, he questioned NATO’s relevance and berated allies for not spending more on defense. But as Henry Ridgwell reports, many European nations are echoing calls to spend more in the face of the threat from Russia. …

Leave a comment

Trump names Pam Bondi as new nominee for US attorney general

On

U.S. President-elect Donald Trump’s latest nominee for U.S. attorney general has established herself as a staunch conservative, Trump loyalist and outspoken defender of the president-elect, both personally and professionally.    Trump announced his selection of former Florida Attorney General Pam Bondi on Thursday, just hours after former Florida U.S. Congressman Matt Gaetz withdrew his name from consideration for the post.    From his Truth Social media account, Trump praised Bondi and what she will bring to the office.     “For too long, the partisan Department of Justice has been weaponized against me and other Republicans — Not anymore,” Trumpmore

Leave a comment

Trump gets permission to seek dismissal of hush money case

On

NEW YORK — A New York judge on Friday granted Donald Trump permission to seek dismissal of the criminal case in which he was convicted in May of 34 felony counts involving hush money paid to a porn star in light of his victory in the November 5 U.S. presidential election. New York State Supreme Court Justice Juan Merchan formally delayed the sentencing of Trump, which had been scheduled to take place Tuesday. Prosecutors with Manhattan District Attorney Alvin Bragg’s office this week asked Merchan to consider deferring all proceedings in the case until after Trump, 78, finishes his four-year presidentialmore

Leave a comment

US agency votes to launch review, update undersea telecommunications cable rules

On

WASHINGTON — The Federal Communications Commission voted on Thursday to propose new rules governing undersea internet cables in the face of growing security concerns, as part of a review of regulations on the links that handle nearly all the world’s online traffic. The FCC voted 5-0 on proposed updates to address the national security concerns over the global network of more than 400 subsea cables that handle more than 98% of international internet traffic. “With the expansion of data centers, rise of cloud computing, and increasing bandwidth demands of new large language models, these facilities are poised to grow even moremore

Leave a comment

Democrat Casey concedes to Republican McCormick in Pennsylvania Senate contest

On

HARRISBURG, PENNSYLVANIA — Democratic Senator Bob Casey of Pennsylvania conceded his reelection bid to Republican David McCormick on Thursday, as a statewide recount showed no signs of closing the gap, and his campaign suffered repeated blows in court in its effort to get potentially favorable ballots counted. Casey’s concession comes more than two weeks after Election Day, as a grindingly slow ballot-counting process became a spectacle of hourslong election board meetings, social media outrage, lawsuits and accusations that some county officials were openly flouting the law. Republicans had been claiming that Democrats were trying to steal McCormick’s seat by counting “illegalmore

Leave a comment

Dr. Oz nominated to oversee Medicare, Medicaid

On

WASHINGTON — Mehmet Oz, a renowned heart surgeon and television host best known for “The Dr. Oz Show,” has been nominated by President-elect Donald Trump to serve as administrator of the Centers for Medicare & Medicaid Services, or CMS. If confirmed by the Senate, Oz will oversee two of the nation’s most vital health insurance programs, which provide coverage for elderly and low-income Americans. Born in Cleveland, Ohio, in 1960, Oz is the son of Turkish immigrants — Dr. Mustafa Oz, a thoracic cardiovascular surgeon, and Suna Oz. Raised in Wilmington, Delaware, Oz graduated from Harvard University in 1982 with amore

Leave a comment

Gaetz withdraws name as Trump’s attorney general nominee

On

Former Republican Representative Matt Gaetz is withdrawing his name from consideration as U.S. President-elect Donald Trump’s attorney general. “I had excellent meetings with Senators yesterday. I appreciate their thoughtful feedback – and the incredible support of so many. While the momentum was strong, it is clear that my confirmation was unfairly becoming a distraction to the critical work of the Trump/Vance Transition,” Gaetz wrote on social media platform X. The U.S. House of Representatives Ethics Committee failed Wednesday to reach agreement on whether to release findings from its nearly finished investigative report on Gaetz. The panel’s chair, Republican Representative Michaelmore

Leave a comment

Emboldened North Korea awaits second Trump administration

On

WASHINGTON — In his first message aimed at Washington since the U.S. presidential election, North Korean leader Kim Jong Un has expressed his unwavering determination to hold onto nuclear weapons, U.S. analysts say. At a conference with army officials last Friday, Kim vowed to bolster his country’s nuclear capabilities “without limit,” while condemning Washington for its nuclear deterrence strategies with Seoul. “The U.S., Japan and South Korea will never get away from the responsibility as the culprits of destroying the peace and stability of the Korean peninsula and the region,” Kim said, according to the Korean Central News Agency. “The mostmore

Leave a comment

X’s former policy chief takes job with Elon Musk rival Sam Altman

On

NEW YORK — Nick Pickles, the former head of global affairs at Elon Musk’s social media platform X, is joining forces with one of Musk’s rivals, his fellow OpenAI co-founder Sam Altman. Pickles, who resigned from X in September, told Reuters on Wednesday that he will serve as chief policy officer for Altman’s Tools for Humanity, the company building the technology to support World Network, formerly known as Worldcoin. Pickles’ old boss, Musk, and his new boss, Altman, founded ChatGPT creator OpenAI in 2015 but have since fallen out in a messy legal dispute. World Network, which has faced scrutiny overmore

Leave a comment

US regulators seek to break up Google, forcing Chrome sale

On

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Department of Justice calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser and impose restrictions to prevent Android from favoring its own search engine. A sale of Chrome “will permanently stop Google’s control of this critical search access point and allow rivalmore

Leave a comment

US House panel: No agreement on release of report on Trump’s attorney general nominee

On

The U.S. House of Representatives Ethics Committee failed Wednesday to reach agreement on whether to release findings from its nearly finished investigative report on former Republican Representative Matt Gaetz, President-elect Donald Trump’s nominee for attorney general.  The panel’s chair, Republican Representative Michael Guest, emerged from a lengthy committee meeting, saying, “There was no agreement by the committee to release the report.”  He declined further comment. The other nine committee members — four Republicans and five Democrats — also did not comment immediately.  Gaetz was accused of sexual misconduct and illicit drug use before he was picked by Trump to becomemore

Leave a comment

Trump picks former acting attorney general as US envoy to NATO

On

U.S. President-elect Donald Trump on Wednesday named Matt Whitaker, a former acting attorney general from his first presidency, as the U.S. ambassador to NATO, the cornerstone Western military alliance whose member countries Trump has criticized for not spending enough money on defense. In a statement, Trump described Whitaker, 55, as “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.” As with several of Trump’s choices for positions in his new administration, the nominationmore

Leave a comment

Islamic Council’s VPN decree raises concerns about privacy in Pakistan

On

WASHINGTON — Pakistan’s top cleric has declared that virtual private networks, or VPNs, are unlawful, igniting a debate on privacy rights and access to information amid a government crackdown on the internet. Allama Raghib Naeemi, head of the Council of Islamic Ideology (CII), issued a decree saying it makes no difference whether a VPN is registered or unregistered. “If attempts are made to access indecent or immoral sites, character assassination is done, statements are being made against national security, or if various incidents of religious blasphemy are being spread through it, then [using] it would completely be un-Islamic,” he said. Amore

Leave a comment

Pakistan’s Islamic Council calls for ban on use of VPNs

On

WASHINGTON — Pakistan’s top cleric has declared that virtual private networks, or VPNs, are unlawful, igniting a debate on privacy rights and access to information amid a government crackdown on the internet. Allama Raghib Naeemi, head of the Council of Islamic Ideology (CII), issued a decree saying it makes no difference whether a VPN is registered or unregistered. “If attempts are made to access indecent or immoral sites, character assassination is done, statements are being made against national security, or if various incidents of religious blasphemy are being spread through it, then [using] it would completely be un-Islamic,” he said. Amore

Leave a comment

Trump plans to nominate billionaire Wall Street banker for commerce secretary

On

U.S. President-elect Donald Trump plans to nominate Wall Street financier Howard Lutnick as commerce secretary in his new administration, Trump announced on Tuesday.  The 63-year-old billionaire has been co-chair of Trump’s transition team, helping to consider and vet numerous people to assume top-level government jobs after Trump takes office on January 20. Lutnick has been an outspoken Trump supporter in recent months.  The CEO and chairman of the Cantor Fitzgerald global financial services firm, Lutnick was reported to be in contention to become Treasury secretary, another top job Trump has yet to fill. But Trump associates say Lutnick fell outmore

Leave a comment