76ers' star Paul George sidelined the next 2 games with bone bruise in left kneeRobotic arm maker debuts as IPO fervor cools
I said last week that the clash between WordPress and WPEngine cast a spotlight on the transformative role of open-source technologies. As of today, the conflict remains unresolved, with both parties standing firm in their positions. WordPress founder Matt Mullenweg has banned WP Engine from accessing WordPress.org resources, impacting site functionality for many users. The community is divided, with some supporting his stance and others concerned about the disruption to their websites. This ongoing dispute highlights the challenges of balancing commercial interests with the principles of open-source software. What began as a small, fledgling project by enthusiastic and collaborative-minded software developers has grown into an essential component of today's huge computer and internet infrastructure. In fact, the Linux Foundation estimates that more than 70 percent of today's apps are made up of open-source software. This increased reliance on open source is putting pressure on project maintenance, especially when it comes to providing prompt software updates and critical security fixes. For example, a vulnerability in the widely used Log4j tool was one of the highest-profile security incidents in the open-source world in November 2021. This year, a backdoor hack on a Linux compression tool was uncovered - the result of an attacker posing as a contributor to gain the maintainer's trust over two years, allowing the attacker to insert dangerous code into it. Both security flaws were in small open-source projects, maintained by small teams or even solitary volunteers, underlying massive enterprises. Compounding this challenge is the increase in burnouts experienced by maintainers, presenting an impending recipe for disaster. According to a survey this year by Tidelift, a company that partners with and pays open-source maintainers to implement secure software development practices, the top three things respondents disliked were the lack of contributions, security risks and misuse of trademarks. The lack of contributions tops the list for good reason. Many developers feel frustrated when others use their work without contributing back to the project. The aspects they dislike most about being maintainers include not being financially compensated enough or at all for their work, feeling underappreciated or that "the work is thankless" and adding to their personal stress. It comes as no surprise then that more than half of maintainers have quit or considered quitting. This can lead to burnout and a lack of motivation among developers who feel like their efforts are being exploited. Security risks are their second concern. If not maintained properly, OSS projects can be vulnerable to security threats. Developers are concerned about the misuse of their software, potential for security breaches and risk of attacks that can harm users. Misuse of trademarks is the third problem. Protecting the integrity and ensuring the fair use of trademarks is a constant challenge. Developers dislike it when commercial entities misuse OSS trademarks, leading to confusion and potential legal issues. These three issues highlight the challenges faced by OSS developers and the need for better support and recognition of their efforts. The OSS community should step up to help themselves by diversifying funding sources, promoting a culture of recognition and appreciation for all types of contributions to ensure a welcoming and inclusive environment and leveraging on open-source foundations, such as the Linux Foundation or Apache Software Foundation, which can provide resources and organizational support. I hope the OSS community can strengthen itself, ensuring sustainability and continued innovation while staying true to the core principles of open source by combining these strategies. Dr Jolly Wong is a policy fellow at the Centre for Science and Policy, University of Cambridge
VDIAGTOOL makes car diagnostics great againLilly's 21 lead Brown over Canisius 83-76
The 76ers said George did not suffer any structural damage when he injured the same knee that he hyperextended during the preseason in Wednesday night's loss at Memphis. The game marked the first time this season the All-Star trio of George, Joel Embiid and Tyrese Maxey started a game together. George will miss home games Friday against Brooklyn and Sunday against the Los Angeles Clippers, his former team. A nine-time All-Star, the 34-year-old George will be evaluated again on Monday. Wednesday's 117-111 loss to the Grizzlies dropped the Sixers to 2-12, the worst record in the NBA headed into Thursday night's games. George signed a four-year, $212 million contract with Philadelphia after five seasons with the Clippers. He has averaged 14.9 points in eight games this season. Embiid has been out with injuries, load management rest and a suspension, while Maxey was sidelined with a hamstring injury. An expected contender in the Eastern Conference, the Sixers haven't won since an overtime victory against Charlotte on Nov. 10. AP NBA: https://apnews.com/hub/nbaFour Ups, Four Downs: Bryce Young Improvement, Jameson Williams Big Gains, Russell Wilson Extending PlaysNo. 22 St. John's, Georgia pack busy schedule with game on Sunday
Ludhiana: The Aam Aadmi Party (AAP) formally launched its MC election campaign with the promise of transforming Ludhiana into a clean, modern and well connected city. To do this, the party announced five guarantees, including revitalisation of Buddha Dariya, provision of clean drinking water for every household, tackling pollution, ensuring 100% sewerage coverage, waste management and traffic decongestion. AAP Punjab president Aman Arora assured people that these commitments would be fulfilled on priority basis once the party came to power in the municipal corporation. Addressing media persons, Aman Arora described Ludhiana as the “heart of Punjab” and an industrial hub with the biggest MC (having 95 councillors). He also highlighted the party’s vision to tackle pressing challenges the city faced. The Buddha Dariya issue Elaborating on the five guarantees he had mentioned, the AAP Punjab president said that cleaning and revitalisation of Buddha Dariya would be a top priority for the party in the municipal corporation. He said that the “river,” which had been reduced to a murky drain, would be completely rejuvenated through a comprehensive cleaning project. “Strict measures will be taken to stop the discharge of untreated sewage and industrial waste into the river,” he claimed. He added that road construction work on either side of the water body in four to five Vidhan Sabha segments would be sped up. Arora assured that with advanced technology and dedicated efforts, Buddha Dariya would be transformed into a clean and thriving water body. AAP on water supply Saying that access to clean drinking water was a basic right, Arora said that AAP would ensure 100% clean and uninterrupted drinking water supply across Ludhiana. “New infrastructure will be developed to modernise the water supply system and eliminate contamination issues, thereby improving the health and well-being of residents,” he said. He said that water taken from the Sidhwan canal under the Rs 1,500 crore project would be treated and taken to households, thereby helping replace 1,200 tubewells. Public transport plans Expressing concern about rising pollution in Ludhiana, AAP announced the launch of a fleet of electric buses to improve the city’s public transport system. Arora assured that charging stations and dedicated depots would be set up to support the operation of 100 electric buses, making Ludhiana’s transport system both sustainable and eco-friendly. To address Ludhiana’s long-standing issues of waterlogging and poor sewerage management, Aman Arora assured 100% coverage of sewerage systems. “Advanced drainage infrastructure will be implemented to provide a permanent solution to waterlogging during the monsoons,” he announced. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .The alleged perpetrator of the deadly car-ramming attack on a Christmas market in Germany had been contacted by police just weeks before the incident. or signup to continue reading The attack in the central city of Magdeburg on Friday evening, which killed five people including a nine-year-old boy, is believed to have been carried out by a Saudi national identified only as Taleb A according to German privacy laws. The number of people injured in the rampage has climbed to 235. The suspect has been living in Germany since 2006 and was granted political refugee status in 2016. He was most recently working as a doctor in the town of Bernburg, south of Magdeburg. Taleb A was detained at the scene and is being held in police custody, with investigators searching for a motive amid suggestions that authorities failed to heed warnings about the man. Tamara Zieschang, the interior minister of the eastern state of Saxony-Anhalt, told MPs in Magdeburg on Monday that police met the man twice - in September 2023 and October 2024 - to warn him about his behaviour. Meanwhile, the Interior Ministry of the northern state of Mecklenburg-Vorpommern said that Taleb A became known to authorities as a potential suspect in 2015. Regional authorities had informed the Federal Criminal Police Office at the Joint Counter-Terrorism Centre, which is supported by Germany's federal and regional government, about the man's possible intention to carry out an attack on February 6, 2015, it said. The report concerned threats to carry out actions that would attract international attention against a medical association in Mecklenburg-Vorpommern in April 2013 and one year later against a local authority in the northern German city of Stralsund. The Mecklenburg-Vorpommern interior minister, Christian Pegel, said the 50-year-old suspect had lived in the state from 2011-16 and had completed parts of his specialist medical training in Stralsund. He said the man had been involved in a dispute with the medical association about the recognition of examination results and had later threatened the social services in Stralsund in an attempt to obtain assistance with living costs. A district court fined Taleb A for threatening the medical association, Pegel said. However, he added, the previous investigations had not revealed any evidence of real preparations for an attack or Islamist connections. The man was warned by the police and told that he would be monitored more closely but was not classified as a threat, Pegel said. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. 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PHILADELPHIA and PERTH, Australia , Dec. 23, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, today announced that it has obtained all requisite shareholder approvals in connection with the proposed acquisition by Rio Tinto previously announced on October 9 , 2024. "Today's vote of support by our shareholders confirms our shared belief that with Rio Tinto, we will be a stronger global leader in lithium chemicals production. Together, we enhance our capabilities to successfully develop and operate our assets while supporting the clean energy transition. We are confident that this transaction will provide future benefit to our customers, employees and the communities in which we operate, and I am excited by the path ahead," said Paul Graves , president and chief executive officer of Arcadium Lithium. The final voting results of Arcadium Lithium's special meetings will be filed with the Securities and Exchange Commission in a Form 8-K and will also be available at https://ir.arcadiumlithium.com . Regulatory Update As of this release, merger control clearance has been satisfied or waived in Australia , Canada , China , the United Kingdom and the United States (Hart-Scott-Rodino Antitrust Improvements Act of 1976). Additionally, investment screening approval has been satisfied in the United Kingdom . The proposed transaction is still expected to close in mid-2025, subject to the receipt of remaining regulatory approvals and other closing conditions. Arcadium Lithium Contacts Investors: Daniel Rosen +1 215 299 6208 daniel.rosen@arcadiumlithium.com Phoebe Lee +61 413 557 780 phoebe.lee@arcadiumlithium.com Media: Karen Vizental +54 9 114 414 4702 karen.vizental@arcadiumlithium.com About Arcadium Lithium Arcadium Lithium is a leading global lithium chemicals producer committed to safely and responsibly harnessing the power of lithium to improve people's lives and accelerate the transition to a clean energy future. We collaborate with our customers to drive innovation and power a more sustainable world in which lithium enables exciting possibilities for renewable energy, electric transportation and modern life. Arcadium Lithium is vertically integrated, with industry-leading capabilities across lithium extraction processes, including hard-rock mining, conventional brine extraction and direct lithium extraction (DLE), and in lithium chemicals manufacturing for high performance applications. We have operations around the world, with facilities and projects in Argentina , Australia , Canada , China , Japan , the United Kingdom and the United States . For more information, please visit us at www.ArcadiumLithium.com . Important Information and Legal Disclaimer: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this news release are forward-looking statements. In some cases, we have identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for Arcadium Lithium based on currently available information. There are important factors that could cause Arcadium Lithium's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including the completion of the transaction on anticipated terms and timing, including obtaining required regulatory approvals, and the satisfaction of other conditions to the completion of the transaction; potential litigation relating to the transaction that could be instituted by or against Arcadium Lithium or its affiliates, directors or officers, including the effects of any outcomes related thereto; the risk that disruptions from the transaction will harm Arcadium Lithium's business, including current plans and operations; the ability of Arcadium Lithium to retain and hire key personnel; potential adverse reactions or changes to business or governmental relationships resulting from the announcement or completion of the transaction; certain restrictions during the pendency of the transaction that may impact Arcadium Lithium's ability to pursue certain business opportunities or strategic transactions; significant transaction costs associated with the transaction; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction, including in circumstances requiring Arcadium Lithium to pay a termination fee or other expenses; competitive responses to the transaction; the supply and demand in the market for our products as well as pricing for lithium and high-performance lithium compounds; our ability to realize the anticipated benefits of the integration of the businesses of Livent and Allkem or of any future acquisitions; our ability to acquire or develop additional reserves that are economically viable; the existence, availability and profitability of mineral resources and mineral and ore reserves; the success of our production expansion efforts, research and development efforts and the development of our facilities; our ability to retain existing customers; the competition that we face in our business; the development and adoption of new battery technologies; additional funding or capital that may be required for our operations and expansion plans; political, financial and operational risks that our lithium extraction and production operations, particularly in Argentina , expose us to; physical and other risks that our operations and suppliers are subject to; our ability to satisfy customer qualification processes or customer or government quality standards; global economic conditions, including inflation, fluctuations in the price of energy and certain raw materials; the ability of our joint ventures, affiliated entities and contract manufacturers to operate according to their business plans and to fulfill their obligations; severe weather events and the effects of climate change; extensive and dynamic environmental and other laws and regulations; our ability to obtain and comply with required licenses, permits and other approvals; and other factors described under the caption entitled "Risk Factors" in Arcadium Lithium's 2023 Form 10-K filed with the SEC on February 29, 2024 , as well as Arcadium Lithium's other SEC filings and public communications. Although Arcadium Lithium believes the expectations reflected in the forward-looking statements are reasonable, Arcadium Lithium cannot guarantee future results, level of activity, performance or achievements. Moreover, neither Arcadium Lithium nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. Arcadium Lithium is under no duty to update any of these forward-looking statements after the date of this news release to conform its prior statements to actual results or revised expectations . View original content to download multimedia: https://www.prnewswire.com/news-releases/arcadium-lithium-announces-shareholder-approval-of-proposed-rio-tinto-transaction-and-provides-regulatory-update-302338409.html SOURCE Arcadium Lithium PLCHarris Dickinson toys with ambiguity in ‘Babygirl,’ and keeps a secret from Nicole Kidman
US agencies should use advanced technology to identify mysterious drones, Schumer saysBlockchain technology transforms the workability of finance to create the peer-to-peer decentralized environment for lending, borrowing, or saving. Blockchain high-yield savings platforms instantly became the new darling of the investors as much as enthusiastic savers when returns in 2024 are expected to exceed the quoted rates from traditional banks. With good prospects, money may be attracted if it serves as a basis for savings because it saves based on aspects of transparency and security with the efficiency that the blockchain is associated with. It shall explore the best blockchain-based high-yield savings platforms and their benefits as well as considerations for potential users in the article. Blockchain-based high-yield savings platforms refer to savings platforms whose platform is based on the use of blockchain. These allow users to deposit their cryptocurrency or stablecoins into decentralized networks. This earns them interest, which is usually much higher than in traditional savings accounts. These are usually within the DeFi ecosystem or some central entity that has implemented blockchain integration. They offer users the flexibility to place all forms of digital assets, be it Bitcoin, Ethereum, and even stablecoins like USDC or DAI, and earn returns generated by yield-generating strategies on the platform. Quite a number of platforms have risen to the occasion to bring high-yield savings solutions through blockchain. The top-performing platforms' 2024 best rates available are listed below. BlockFi is one of the most popular central platforms offering high yields on cryptocurrencies and stablecoins. It allows users to deposit Bitcoin, Ethereum, and other assets to gain a competitive interest rate. The process of saving is easy to follow and has an interface that will appeal to new and old crypto users. APY rates for BlockFi depend on the asset between 4% and 7%. Other financial services offered include loans and trading. Nexo is yet another leader in the crypto savings race. Its interest rate for its crypto assets and stablecoins is pretty high with choices in savings that can reflect flexibility. Users will gain daily interest on their deposits, and even more exciting, receive payouts in Nexo's native token, NEXO, to take advantage of greater rewards. Nexo's APY can run up to 12% on stablecoins, thus very attractive for those looking for less volatility with high yields. Celsius is probably one of the most community-driven blockchain savings account platforms. Yield rates are among the highest in the industry, especially if an interest is desired to be received in native tokens CEL. Depositors can deposit an abundant amount of cryptocurrencies and stablecoins, earn interest on a weekly basis, while APY rates occasionally jump as high as 17% for certain assets. The rates depend on market conditions and loyalty tiers. Aave is one of the major DeFi business firms offering decentralized and peer-to-peer lending as well as borrowing products. Besides lending as well as borrowing, this platform will be able to help users place their assets within a liquidity pool so that users can get their passive income as the pool is supplied and demanded by the markets' needs. Aave accommodates a wide range of assets, and as a Decentralized business, full custody over the savings is held within the custody of the user. High-yield savings in blockchain-based platforms are multiple pros with risks: Volatility. These are cryptocurrencies hence volatile in their value. Finally, yields will thus be affected. Despite the stable coin reducing some measure of risks, potential problems based on value will always be present. Security Risks: However much the blockchain technology has security issues, the applications can always be hacked, or have bugs in a smart contract. The people should ensure that they will assess their security measures for them to be comfortable on the site. Regulatory uncertainty: The regulatory situation over cryptocurrency savings is still developing. Changes in regulations affect either the functioning of platforms or even the lawfulness of some services. Platform Reputation: The decentralized platforms are easily prone to liquidity or operating instability. Choose the best with a good reputation established and good reviews by users. Savings platforms that use blockchain offer an alternative that's extremely attractive to the traditional savings account but promise higher returns and more added benefits in terms of decentralization and transparency. The other significant saving sites, through which savings create passiveness, especially through acquisition of crypto savings, include BlockFi, Nexo, Celsius, and Aave. However, such saving routes should be exercised with great caution, taking into consideration the threats that result from the volatilities in markets and insecurity about the ends of the respective platforms. With this consideration, the idea has led users to try out the applications of blockchain technology towards achieving greater saving and more competitive returns during 2024 and moving forward. Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
Facebook Twitter WhatsApp SMS Email Print Copy article link Save BOSTON — After weeks of fear and bewilderment about the drones buzzing over parts of New York and New Jersey, elected officials are urging action to identify and stop the mysterious flights. This photo provided by Trisha Bushey shows the evening sky and points of light Dec. 5 near Lebanon Township, N.J. “There’s a lot of us who are pretty frustrated right now,” Rep. Jim Himes, D-Conn., the top Democrat on the House Intelligence Committee, said on “Fox News Sunday.” “'We don’t know’ is not a good enough answer,” he said. National security officials have said the drones don’t appear to be a sign of foreign interference or a public safety threat. But because they can’t say with certainty who is responsible for the sudden swarms of drones over parts of New Jersey, New York and other eastern parts of the U.S. — or how they can be stopped — has led leaders of both political parties to demand better technology and powers to deal with the drones. Body matching description of missing 84-year-old found in Galloway Township Work on Mike Trout's Vineland golf course completed, but play still more than a year away 1 injured in Egg Harbor Township crash Pentagon refutes Van Drew Iran claims as New Jersey officials meet to discuss mystery drones Could American Airlines bus program lead to more flights at Atlantic City airport? Atlantic City now has more weed shops than casinos with dozens more on the way Egg Harbor Township installing 4-way stop signs at troubled intersections Van Drew says drones seen hovering near the Salem County nuclear plants Latest on New Jersey mystery drones: White House officials say there is no threat LGBTQ+ restaurant the ByrdCage to open in Atlantic City in January Bridgeton nursing home barred from Medicaid after NJ comptroller finds fraud and abuse Large drones spotted in Philadelphia area as FBI investigates mysterious drone sightings in NJ Cape commissioners want answers on mystery drones flying over New Jersey Questions about Gillian’s Wonderland finances draw angry response from Mita Who are The Press 2024 Girls Soccer All-Stars? Sen. Chuck Schumer called Sunday for the U.S. Department of Homeland Security to deploy better drone-tracking technology to identify the drones and their operators. “New Yorkers have tremendous questions about it,” Schumer, the Senate Majority leader, told reporters about the drone sightings. “We are going to get the answers for them.” The federal government did little to answer those questions in its own media briefings Sunday morning. “There’s no question that people are seeing drones,” U.S. Homeland Security Secretary Alejandro Mayorkas told ABC’s George Stephanopoulos. “But I want to assure the American public that we are on it. We are working in close coordination with state and local authorities.” Some of the drones reported above parts of New York and New Jersey have turned out to be “manned aircraft that are commonly mistaken for drones,” Mayorkas said. “We know of no foreign involvement with respect to the sightings in the Northeast. And we are vigilant in investigating this matter.” Last year, federal aviation rules began requiring certain drones to broadcast their remote identification, including the location of their operators. It’s not clear whether that information has been used to determine who is behind the drones plaguing locations over New York and New Jersey. Mayorkas’ office didn’t respond to questions about whether they’ve been able to identify drones using this capability. Schumer wants the federal government to use a recently declassified radio wave technology in New York and New Jersey. The radio wave detector can be attached to a drone or airplane and can determine whether another flying object is a bird or a drone, read its electronic registration, and follow it back to its landing place. Schumer said state and local authorities do not have the authority to track drones. On Sunday, New York Gov. Kathy Hochul said federal officials were sending a drone detection system to the state. “This system will support state and federal law enforcement in their investigations,” Hochul said in a statement. The governor did not immediately provide additional details, including where the system will be deployed. Dozens of mysterious nighttime flights started last month over parts of New Jersey, raising concerns among residents and officials. Part of the worry stems from the flying objects initially being spotted near the Picatinny Arsenal, a U.S. military research and manufacturing facility and over President-elect Donald Trump’s golf course in Bedminster. Drones are legal in New Jersey for recreational and commercial use, but they are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified. Drones are now being reported all along the northern East Coast, with suspicious sightings in Connecticut, Massachusetts, Pennsylvania and Virginia, according to news reports. Some U.S. political leaders, including Trump, have called for stronger action against these drones, including shooting them down. Certain agencies within the Department of Homeland Security have the power to “incapacitate” drones, Mayorkas said Sunday. “But we need those authorities expanded,” he said. A bill before the U.S. Senate would enhance some federal agencies’ authority and give new abilities to local and state agencies to track drones. It would also start a pilot program allowing states and local authorities to disrupt, disable or seize a drone without prior consent of the operator. “What the drone issue points out are gaps in our agencies, gaps in our authorities between the Department of Homeland Security, local law enforcement, the Defense Department.," said Rep. Mike Waltz, R-Fla., Trump’s pick to be his national security adviser, speaking on CBS’ “Face the Nation” on Sunday. "Americans are finding it hard to believe we can’t figure out where these are coming from.’’ Among President-elect Donald Trump's picks are Susie Wiles for chief of staff, Florida Sen. Marco Rubio for secretary of state, former Democratic House member Tulsi Gabbard for director of national intelligence and Florida Rep. Matt Gaetz for attorney general. Susie Wiles, 67, was a senior adviser to Trump's 2024 presidential campaign and its de facto manager. Trump named Florida Sen. Marco Rubio to be secretary of state, making a former sharp critic his choice to be the new administration's top diplomat. Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump's running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. “He will be a strong Advocate for our Nation, a true friend to our Allies, and a fearless Warrior who will never back down to our adversaries,” Trump said of Rubio in a statement. The announcement punctuates the hard pivot Rubio has made with Trump, whom the senator called a “con man" during his unsuccessful campaign for the 2016 GOP presidential nomination. Their relationship improved dramatically while Trump was in the White House. And as Trump campaigned for the presidency a third time, Rubio cheered his proposals. For instance, Rubio, who more than a decade ago helped craft immigration legislation that included a path to citizenship for people in the U.S. illegally, now supports Trump's plan to use the U.S. military for mass deportations. Pete Hegseth, 44, is a co-host of Fox News Channel’s “Fox & Friends Weekend” and has been a contributor with the network since 2014, where he developed a friendship with Trump, who made regular appearances on the show. Hegseth lacks senior military or national security experience. If confirmed by the Senate, he would inherit the top job during a series of global crises — ranging from Russia’s war in Ukraine and the ongoing attacks in the Middle East by Iranian proxies to the push for a cease-fire between Israel, Hamas and Hezbollah and escalating worries about the growing alliance between Russia and North Korea. Hegseth is also the author of “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free,” published earlier this year. Trump tapped Pam Bondi, 59, to be attorney general after U.S. Rep. Matt Gaetz withdrew his name from consideration. She was Florida's first female attorney general, serving between 2011 and 2019. She also was on Trump’s legal team during his first impeachment trial in 2020. Considered a loyalist, she served as part of a Trump-allied outside group that helped lay the groundwork for his future administration called the America First Policy Institute. Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in New York that ended in May with a conviction on 34 felony counts. A fierce defender of Trump, she also frequently appears on Fox News and has been a critic of the criminal cases against him. Trump picked South Dakota Gov. Kristi Noem, a well-known conservative who faced sharp criticism for telling a story in her memoir about shooting a rambunctious dog, to lead an agency crucial to the president-elect’s hardline immigration agenda. Noem used her two terms leading a tiny state to vault to a prominent position in Republican politics. South Dakota is usually a political afterthought. But during the COVID-19 pandemic, Noem did not order restrictions that other states had issued and instead declared her state “open for business.” Trump held a fireworks rally at Mount Rushmore in July 2020 in one of the first large gatherings of the pandemic. She takes over a department with a sprawling mission. In addition to key immigration agencies, the Department of Homeland Security oversees natural disaster response, the U.S. Secret Service, and Transportation Security Administration agents who work at airports. The governor of North Dakota, who was once little-known outside his state, Burgum is a former Republican presidential primary contender who endorsed Trump, and spent months traveling to drum up support for him, after dropping out of the race. Burgum was a serious contender to be Trump’s vice presidential choice this summer. The two-term governor was seen as a possible pick because of his executive experience and business savvy. Burgum also has close ties to deep-pocketed energy industry CEOs. Trump made the announcement about Burgum joining his incoming administration while addressing a gala at his Mar-a-Lago club, and said a formal statement would be coming the following day. In comments to reporters before Trump took the stage, Burgum said that, in recent years, the power grid is deteriorating in many parts of the country, which he said could raise national security concerns but also drive up prices enough to increase inflation. “There's just a sense of urgency, and a sense of understanding in the Trump administration,” Burgum said. Robert F. Kennedy Jr. ran for president as a Democrat, than as an independent, and then endorsed Trump . He's the son of Democratic icon Robert Kennedy, who was assassinated during his own presidential campaign. The nomination of Kennedy to lead the Department of Health and Human Services alarmed people who are concerned about his record of spreading unfounded fears about vaccines . For example, he has long advanced the debunked idea that vaccines cause autism. Scott Bessent, 62, is a former George Soros money manager and an advocate for deficit reduction. He's the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said then. Oregon Republican U.S. Rep. Lori Chavez-DeRemer narrowly lost her reelection bid this month, but received strong backing from union members in her district. As a potential labor secretary, she would oversee the Labor Department’s workforce, its budget and put forth priorities that impact workers’ wages, health and safety, ability to unionize, and employer’s rights to fire employers, among other responsibilities. Chavez-DeRemer is one of few House Republicans to endorse the “Protecting the Right to Organize” or PRO Act would allow more workers to conduct organizing campaigns and would add penalties for companies that violate workers’ rights. The act would also weaken “right-to-work” laws that allow employees in more than half the states to avoid participating in or paying dues to unions that represent workers at their places of employment. Scott Turner is a former NFL player and White House aide. He ran the White House Opportunity and Revitalization Council during Trump’s first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he’s yet selected for his administration, with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” Sean Duffy is a former House member from Wisconsin who was one of Trump's most visible defenders on cable news. Duffy served in the House for nearly nine years, sitting on the Financial Services Committee and chairing the subcommittee on insurance and housing. He left Congress in 2019 for a TV career and has been the host of “The Bottom Line” on Fox Business. Before entering politics, Duffy was a reality TV star on MTV, where he met his wife, “Fox and Friends Weekend” co-host Rachel Campos-Duffy. They have nine children. A campaign donor and CEO of Denver-based Liberty Energy, Write is a vocal advocate of oil and gas development, including fracking — a key pillar of Trump’s quest to achieve U.S. “energy dominance” in the global market. Wright also has been one of the industry’s loudest voices against efforts to fight climate change. He said the climate movement around the world is “collapsing under its own weight.” The Energy Department is responsible for advancing energy, environmental and nuclear security of the United States. Wright also won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term. President-elect Donald Trump tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump promised to dismantle. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. She’s seen as a relative unknown in education circles, though she expressed support for charter schools and school choice. She served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. Brooke Rollins, who graduated from Texas A&M University with a degree in agricultural development, is a longtime Trump associate who served as White House domestic policy chief during his first presidency. The 52-year-old is president and CEO of the America First Policy Institute, a group helping to lay the groundwork for a second Trump administration. She previously served as an aide to former Texas Gov. Rick Perry and ran a think tank, the Texas Public Policy Foundation. Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Trump made the announcement Tuesday on his social media platform, Truth Social. Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration. Both are tasked with putting forward candidates for key roles in the next administration. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and the wider business community are crucial. FILE - Former Rep. Doug Collins speaks before Republican presidential nominee former President Donald Trump at a campaign event at the Cobb Energy Performing Arts Centre, Oct. 15, 2024, in Atlanta. Karoline Leavitt, 27, was Trump's campaign press secretary and currently a spokesperson for his transition. She would be the youngest White House press secretary in history. The White House press secretary typically serves as the public face of the administration and historically has held daily briefings for the press corps. Leavitt, a New Hampshire native, was a spokesperson for MAGA Inc., a super PAC supporting Trump, before joining his 2024 campaign. In 2022, she ran for Congress in New Hampshire, winning a 10-way Republican primary before losing to Democratic Rep. Chris Pappas. Leavitt worked in the White House press office during Trump's first term before she became communications director for New York Republican Rep. Elise Stefanik, Trump's choice for U.S. ambassador to the United Nations. Former Hawaii Rep. Tulsi Gabbard has been tapped by Trump to be director of national intelligence, keeping with the trend to stock his Cabinet with loyal personalities rather than veteran professionals in their requisite fields. Gabbard, 43, was a Democratic House member who unsuccessfully sought the party's 2020 presidential nomination before leaving the party in 2022. She endorsed Trump in August and campaigned often with him this fall. “I know Tulsi will bring the fearless spirit that has defined her illustrious career to our Intelligence Community,” Trump said in a statement. Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider compared to her predecessor. The current director, Avril Haines, was confirmed by the Senate in 2021 following several years in a number of top national security and intelligence positions. Trump has picked John Ratcliffe, a former Texas congressman who served as director of national intelligence during his first administration, to be director of the Central Intelligence Agency in his next. Ratcliffe was director of national intelligence during the final year and a half of Trump's first term, leading the U.S. government's spy agencies during the coronavirus pandemic. “I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions,” Trump said in a statement, calling him a “fearless fighter for the Constitutional Rights of all Americans” who would ensure “the Highest Levels of National Security, and PEACE THROUGH STRENGTH.” Kash Patel spent several years as a Justice Department prosecutor before catching the Trump administration’s attention as a staffer on Capitol Hill who helped investigate the Russia probe. Patel called for dramatically reducing the agency’s footprint, a perspective that sets him apart from earlier directors who sought additional resources for the bureau. Though the Justice Department in 2021 halted the practice of secretly seizing reporters’ phone records during leak investigations, Patel said he intends to aggressively hunt down government officials who leak information to reporters. Trump has chosen former New York Rep. Lee Zeldin to serve as his pick to lead the Environmental Protection Agency . Zeldin does not appear to have any experience in environmental issues, but is a longtime supporter of the former president. The 44-year-old former U.S. House member from New York wrote on X , “We will restore US energy dominance, revitalize our auto industry to bring back American jobs, and make the US the global leader of AI.” “We will do so while protecting access to clean air and water,” he added. During his campaign, Trump often attacked the Biden administration's promotion of electric vehicles, and incorrectly referring to a tax credit for EV purchases as a government mandate. Trump also often told his audiences during the campaign his administration would “Drill, baby, drill,” referring to his support for expanded petroleum exploration. In a statement, Trump said Zeldin “will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet.” Trump has named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission. Carr made past appearances on “Fox News Channel," including when he decried Democratic Vice President Kamala Harris' pre-Election Day appearance on “Saturday Night Live.” He wrote an op-ed last month defending a satellite company owned by Trump supporter Elon Musk. Trump said Atkins, the CEO of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations.” In the years since leaving the SEC, Atkins has made the case against too much market regulation. “He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before,” Trump wrote on Truth Social. The commission oversees U.S. securities markets and investments and is currently led by Gary Gensler, who has been leading the U.S. government’s crackdown on the crypto industry. Gensler, who was nominated by President Joe Biden, announced last month that he would be stepping down from his post on the day that Trump is inaugurated — Jan. 20, 2025. Atkins began his career as a lawyer and has a long history working in the financial markets sector, both in government and private practice. In the 1990s, he worked on the staffs of two former SEC chairmen, Richard C. Breeden and Arthur Levitt. Jared Isaacman, 41, is a tech billionaire who bought a series of spaceflights from Elon Musk’s SpaceX and conducted the first private spacewalk . He is the founder and CEO of a card-processing company and has collaborated closely with Musk ever since buying his first chartered SpaceX flight. He took contest winners on that 2021 trip and followed it in September with a mission where he briefly popped out the hatch to test SpaceX’s new spacewalking suits. Rep. Elise Stefanik is a representative from New York and one of Trump's staunchest defenders going back to his first impeachment. Elected to the House in 2014, Stefanik was selected by her GOP House colleagues as House Republican Conference chair in 2021, when former Wyoming Rep. Liz Cheney was removed from the post after publicly criticizing Trump for falsely claiming he won the 2020 election. Stefanik, 40, has served in that role ever since as the third-ranking member of House leadership. Stefanik’s questioning of university presidents over antisemitism on their campuses helped lead to two of those presidents resigning, further raising her national profile. If confirmed, she would represent American interests at the U.N. as Trump vows to end the war waged by Russia against Ukraine begun in 2022. He has also called for peace as Israel continues its offensive against Hamas in Gaza and its invasion of Lebanon to target Hezbollah. President-elect Donald Trump says he's chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO. Trump has expressed skepticism about the Western military alliance for years. Trump said in a statement Wednesday that Whitaker is “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 Organization is an unusual one, given his background is as a lawyer and not in foreign policy. President-elect Donald Trump tapped former Sen. David Perdue of Georgia to be ambassador to China, saying in a social media post that the former CEO “brings valuable expertise to help build our relationship with China.” Perdue lost his Senate seat to Democrat Jon Ossoff four years ago and ran unsuccessfully in a primary against Republican Georgia Gov. Brian Kemp. Perdue pushed Trump's debunked lies about electoral fraud during his failed bid for governor. Trump will nominate former Arkansas Gov. Mike Huckabee to be ambassador to Israel. Huckabee is a staunch defender of Israel and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel's interests as it wages wars against the Iran-backed Hamas and Hezbollah. “He loves Israel, and likewise the people of Israel love him,” Trump said in a statement. “Mike will work tirelessly to bring about peace in the Middle East.” Huckabee, who ran unsuccessfully for the Republican presidential nomination in 2008 and 2016, has been a popular figure among evangelical Christian conservatives, many of whom support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Trump has been praised by some in this important Republican voting bloc for moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. Guilfoyle is a former California prosecutor and television news personality who led the fundraising for Trump's 2020 campaign and became engaged to Don Jr. in 2020. Trump called her “a close friend and ally” and praised her “sharp intellect make her supremely qualified.” Guilfoyle was on stage with the family on election night. “I am so proud of Kimberly. She loves America and she always has wanted to serve the country as an Ambassador. She will be an amazing leader for America First,” Don Jr. posted. The ambassador positions must be approved by the U.S. Senate. Guilfoyle said in a social media post that she was “honored to accept President Trump’s nomination to serve as the next Ambassador to Greece and I look forward to earning the support of the U.S. Senate.” Trump on Tuesday named real estate investor Steven Witkoff to be special envoy to the Middle East. The 67-year-old Witkoff is the president-elect's golf partner and was golfing with him at Trump's club in West Palm Beach, Florida, on Sept. 15, when the former president was the target of a second attempted assassination. Witkoff “is a Highly Respected Leader in Business and Philanthropy,” Trump said of Witkoff in a statement. “Steve will be an unrelenting Voice for PEACE, and make us all proud." Trump also named Witkoff co-chair, with former Georgia Sen. Kelly Loeffler, of his inaugural committee. Trump said Wednesday that he will nominate Gen. Keith Kellogg to serve as assistant to the president and special envoy for Ukraine and Russia. Kellogg, a retired Army lieutenant general who has long been Trump’s top adviser on defense issues, served as National Security Advisor to Trump's former Vice President Mike Pence. For the America First Policy Institute, one of several groups formed after Trump left office to help lay the groundwork for the next Republican administration, Kellogg in April wrote that “bringing the Russia-Ukraine war to a close will require strong, America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties.” (AP Photo/Mariam Zuhaib) Trump asked Rep. Michael Waltz, R-Fla., a retired Army National Guard officer and war veteran, to be his national security adviser, Trump announced in a statement Tuesday. The move puts Waltz in the middle of national security crises, ranging from efforts to provide weapons to Ukraine and worries about the growing alliance between Russia and North Korea to the persistent attacks in the Middle East by Iran proxies and the push for a cease-fire between Israel and Hamas and Hezbollah. “Mike has been a strong champion of my America First Foreign Policy agenda,” Trump's statement said, "and will be a tremendous champion of our pursuit of Peace through Strength!” Waltz is a three-term GOP congressman from east-central Florida. He served multiple tours in Afghanistan and also worked in the Pentagon as a policy adviser when Donald Rumsfeld and Robert Gates were defense chiefs. He is considered hawkish on China, and called for a U.S. boycott of the 2022 Winter Olympics in Beijing due to its involvement in the origin of COVID-19 and its mistreatment of the minority Muslim Uighur population. Stephen Miller, an immigration hardliner , was a vocal spokesperson during the presidential campaign for Trump's priority of mass deportations. The 39-year-old was a senior adviser during Trump's first administration. Miller has been a central figure in some of Trump's policy decisions, notably his move to separate thousands of immigrant families. Trump argued throughout the campaign that the nation's economic, national security and social priorities could be met by deporting people who are in the United States illegally. Since Trump left office in 2021, Miller has served as the president of America First Legal, an organization made up of former Trump advisers aimed at challenging the Biden administration, media companies, universities and others over issues such as free speech and national security. Thomas Homan, 62, has been tasked with Trump’s top priority of carrying out the largest deportation operation in the nation’s history. Homan, who served under Trump in his first administration leading U.S. Immigration and Customs Enforcement, was widely expected to be offered a position related to the border, an issue Trump made central to his campaign. Though Homan has insisted such a massive undertaking would be humane, he has long been a loyal supporter of Trump's policy proposals, suggesting at a July conference in Washington that he would be willing to "run the biggest deportation operation this country’s ever seen.” Democrats have criticized Homan for his defending Trump's “zero tolerance” policy on border crossings during his first administration, which led to the separation of thousands of parents and children seeking asylum at the border. Customs and Border Protection, with its roughly 60,000 employees, falls under the Department of Homeland Security. It includes the Border Patrol, which Rodney Scott led during Trump's first term, and is essentially responsible for protecting the country's borders while facilitating trade and travel. Scott comes to the job firmly from the Border Patrol side of the house. He became an agent in 1992 and spent much of his career in San Diego. When he was appointed head of the border agency in January 2020, he enthusiastically embraced Trump's policies. After being forced out under the Biden administration, Scott has been a vocal supporter of Trump's hard-line immigration agenda. He appeared frequently on Fox News and testified in Congress. He's also a senior fellow at the Texas Public Policy Foundation. Former Rep. Billy Long represented Missouri in the U.S. House from 2011 to 2023. Since leaving Congress, Trump said, Long “has worked as a Business and Tax advisor, helping Small Businesses navigate the complexities of complying with the IRS Rules and Regulations.” Former Georgia Sen. Kelly Loeffler was appointed in January 2020 by Georgia Gov. Brian Kemp and then lost a runoff election a year later. She started a conservative voter registration organization and dived into GOP fundraising, becoming one of the top individual donors and bundlers to Trump’s 2024 comeback campaign. Even before nominating her for agriculture secretary, the president-elect already had tapped Loeffler as co-chair of his inaugural committee. Dr. Mehmet Oz, 64, is a former heart surgeon who hosted “The Dr. Oz Show,” a long-running daytime television talk show. He ran unsuccessfully for the U.S. Senate as the Republican nominee in 2022 and is an outspoken supporter of Trump, who endorsed Oz's bid for elected office. Elon Musk, left, and Vivek Ramaswamy speak before Republican presidential nominee former President Donald Trump at an Oct. 27 campaign rally at Madison Square Garden in New York. Trump on Tuesday said Musk and former Republican presidential candidate Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added the move would shock government systems. It's not clear how the organization will operate. Musk, owner of X and CEO of Tesla and SpaceX, has been a constant presence at Mar-a-Lago since Trump won the presidential election. Ramaswamy suspended his campaign in January and threw his support behind Trump. Trump said the two will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Russell Vought held the position during Trump’s first presidency. After Trump’s initial term ended, Vought founded the Center for Renewing America, a think tank that describes its mission as “renew a consensus of America as a nation under God.” Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. Vought has also previously worked as the executive and budget director for the Republican Study Committee, a caucus for conservative House Republicans. He also worked at Heritage Action, the political group tied to The Heritage Foundation, a conservative think tank. Dan Scavino, deputy chief of staff Scavino, whom Trump's transition referred to in a statement as one of “Trump's longest serving and most trusted aides,” was a senior adviser to Trump's 2024 campaign, as well as his 2016 and 2020 campaigns. He will be deputy chief of staff and assistant to the president. Scavino had run Trump's social media profile in the White House during his first administration. He was also held in contempt of Congress in 2022 after a month-long refusal to comply with a subpoena from the House committee’s investigation into the Jan. 6, 2021, attack on the U.S. Capitol. James Blair, deputy chief of staff Blair was political director for Trump's 2024 campaign and for the Republican National Committee. He will be deputy chief of staff for legislative, political and public affairs and assistant to the president. Blair was key to Trump's economic messaging during his winning White House comeback campaign this year, a driving force behind the candidate's “Trump can fix it” slogan and his query to audiences this fall if they were better off than four years ago. Taylor Budowich, deputy chief of staff Budowich is a veteran Trump campaign aide who launched and directed Make America Great Again, Inc., a super PAC that supported Trump's 2024 campaign. He will be deputy chief of staff for communications and personnel and assistant to the president. Budowich also had served as a spokesman for Trump after his presidency. Jay Bhattacharya, National Institutes of Health Trump has chosen Dr. Jay Bhattacharya to lead the National Institutes of Health. Bhattacharya is a physician and professor at Stanford University School of Medicine, and is a critic of pandemic lockdowns and vaccine mandates. He promoted the idea of herd immunity during the pandemic, arguing that people at low risk should live normally while building up immunity to COVID-19 through infection. The National Institutes of Health funds medical research through competitive grants to researchers at institutions throughout the nation. NIH also conducts its own research with thousands of scientists working at its labs in Bethesda, Maryland. Dr. Marty Makary, Food and Drug Administration Makary is a Johns Hopkins surgeon and author who argued against pandemic lockdowns. He routinely appeared on Fox News during the COVID-19 pandemic and wrote opinion articles questioning masks for children. He cast doubt on vaccine mandates but supported vaccines generally. Makary also cast doubt on whether booster shots worked, which was against federal recommendations on the vaccine. Dr. Janette Nesheiwat, Surgeon General Nesheiwat is a general practitioner who serves as medical director for CityMD, a network of urgent care centers in New York and New Jersey. She has been a contributor to Fox News. Dr. Dave Weldon, U.S. Centers for Disease Control and Prevention Weldon is a former Florida congressman who recently ran for a Florida state legislative seat and lost; Trump backed Weldon’s opponent. In Congress, Weldon weighed in on one of the nation’s most heated debates of the 1990s over quality of life and a right-to-die and whether Terri Schiavo, who was in a persistent vegetative state after cardiac arrest, should have been allowed to have her feeding tube removed. He sided with the parents who did not want it removed. Jamieson Greer, U.S. trade representative Kevin Hassett, Director of the White House National Economic Council Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. He announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council. While Trump has in several cases nominated outsiders to key posts, these picks reflect a recognition that his reputation will likely hinge on restoring the public’s confidence in the economy. Trump said in a statement that Greer was instrumental in his first term in imposing tariffs on China and others and replacing the trade agreement with Canada and Mexico, “therefore making it much better for American Workers.” Hassett, 62, served in the first Trump term as chairman of the Council of Economic Advisers. He has a doctorate from the University of Pennsylvania and worked at the right-leaning American Enterprise Institute before joining the Trump White House in 2017. Ron Johnson, Ambassador to Mexico Johnson — not the Republican senator — served as ambassador to El Salvador during Trump's first administration. His nomination comes as the president-elect has been threatening tariffs on Mexican imports and the mass deportation of migrants who have arrived to the U.S.-Mexico border. Johnson is also a former U.S. Army veteran and was in the Central Intelligence Agency. Tom Barrack, Ambassador to Turkey Barrack, a wealthy financier, met Trump in the 1980s while helping negotiate Trump’s purchase of the renowned Plaza Hotel. He was charged with using his personal access to the former president to secretly promote the interests of the United Arab Emirates, but was acquitted of all counts at a federal trial in 2022. Trump called him a “well-respected and experienced voice of reason.” Andrew Ferguson, Federal Trade Commission Ferguson, who is already one of the FTC's five commissioners, will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump wrote on Truth Social, adding, “Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History.” Jacob Helberg, undersecretary of state for economic growth, energy and the environment Dan Bishop, deputy director for budget at the Office of Budget and Management Leandro Rizzuto, Ambassador to the Washington-based Organization of American States Dan Newlin, Ambassador to Colombia Peter Lamelas, Ambassador to Argentina Trump says he’s picking Kari Lake as director of Voice of America, installing a staunch loyalist who ran unsuccessfully for Arizona governor and a Senate seat to head the congressionally funded broadcaster that provides independent news reporting around the world. Lake endeared herself to Trump through her dogmatic commitment to the falsehood that both she and Trump were the victims of election fraud. She has never acknowledged losing the gubernatorial race and called herself the “lawful governor” in her 2023 book, “Unafraid: Just Getting Started.” Be the first to know Get local news delivered to your inbox!
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As the baton of wealth is inherited by younger generations, the heirs of wealthy families are taking a more active role in the impact they seek to create in the world by using the traditionally monolithic family office for more innovative, value-based investments. The great wealth transfer is in full swing as over $100 trillion is projected to be passed down from the older generations to their heirs through 2048 in the United States, according to a December report by research and consulting firm Cerulli Associates. > Watch NBC Bay Area News 📺 Streaming free 24/7 "There's a big intergenerational wealth transfer, but the preferences of the baby boomers are starkly different from the preferences of ... millennials," Nirbhay Handa, CEO of global migration platform Multipolitan, told CNBC Make It . "Now you have this younger generation which really believes that profit and progress should go hand in hand," Handa said. A sea change Millennials (ages 27 to 42) and Generation X (ages 43 to 58) stand to be the biggest beneficiaries of the wealth transfer, and are expected to inherit about $85 trillion between 2024 to 2048, according to the report. Generation Z and younger generations (ages 27 and younger) are expected to inherit over $15 trillion. Notably, the majority of wealth transfer will come from high-net-worth (HNW) and ultra-high-net-worth (UNHW) families, who together make up around 2% of all households, according to the report. These families are expected to contribute to over 50% of the transfers, or about $62 trillion. Compared to the baby boomers and older generations, "[younger generations] are less motivated by money, if I generalize, and much more [motivated by] contributing to society," said Martin Roll, an INSEAD Distinguished Fellow and family business and family office expert for McKinsey and Company. "They look out the front window [and ask]: 'What's ahead here? What are the big questions of our time?'" Gen X and millennials are concerned with societal impact — topics like climate change, diversity, health and wellness and hedging against geopolitical conflict are top of mind, said Handa. "I think sustainability and the whole ESG narrative is extremely robust [among younger generations]," the Multipolitan CEO added. "So they may not be interested in investing in fossil fuels or oil and gas, but they're very interested in investing in a company like Oatly ... or Beyond Meat," said Handa. This shift in investing attitudes by younger generations came out of necessity, said Handa. "People are seeing wars, [they're] seeing the impact of climate change... there's a lack of drinking water in many parts of the world," he explained. "As a result of that, this generation has become more resolute on focusing on things which are aligned with their personal values." "The challenges are real ... yes, we talked about cliamate in the 60s and 70s, you'll find them in the American newspapers then, but it was just a little more abstract. Now, it's real. Storms are coming, flooding is happening, hurricanes are more often... it's proof [and] they see it," said Roll. 'Centers of innovation' Another major shift can be seen in how some family offices are run. "The whole idea of family offices is less rigid than it used to be... Family Offices have become centers of innovation," said Handa. Having grown up in the age of digitization, the younger generations of wealthy families are investing more into technology and startups. They seek to discover and invest in technologies that can be a "lever for impact," said Roll. "For example, investing in climate tech, edtech, food treatment, water treatment, natural resources, renewable energy." In addition, younger generations are more active in how they invest through their family offices. "30 years ago, family offices were primarily the equity stakes from the company that the family owns through the family office, and would be tied up in real estate, some broader public equities and [overall, it would be a] passive portfolio," said Roll. Today, however, family offices are increasingly making direct investments into private companies, which is not traditional, Roll added. "The parents used to be what I call monolithic — they ran one business, but the younger people coming in may not be interested in chemicals, which is the main business, therefore they start to diversify [through] the family office," said Roll. Why is the great wealth transfer happening now? Although it is true that wealth has always changed hands, the significance of the Great Wealth Transfer of our generation can be explained by looking back at the third wave of the industrial revolution. "It was really that industrialization of particularly, the Western world, that took place in the 50s and 60s, ultimately, with the rise of America after World War Two, and Europe — a lot of wealth was created," said Roll. Out of this post-war "boom," there were about 40 years of "outstanding economic activity," which led to the creation of new industries, big businesses and ultimately, the rise of the middle class in the U.S. and Europe, said Roll. "Therefore, jobs were created ... Everyone got a car, people got a house ... so you got a lot of major shifts that enabled that kind of wealth creation," Roll told CNBC Make It. It was this senior generation that really built "the world and the wealth after World War Two," and "that wealth, including business stakes, is now getting passed on to Gen X, but also to, of course, younger people," said Roll. Bridging the old with the new Overall, as trillions of dollars change hands, what does this mean for the world? "This massive shift in money means the way things were done in the past is not necessarily how things will be done in the future," said Handa. "This era is about vitality and vibrancy and engagement. It's about democratization, it's about aspiration, it's about accessibility," Handa said. "Investment preferences are changing and legacy institutions need to adapt to the new world." Ultimately, as the younger generations inherit the wealth, Roll said: "I think you will see the money [doing] good work. It will be reinvested in the economy ... in technology, and I think in some of the big challenges of our time: climate, gender issues, minorities, villages, poor people and basic [education]." Want to make extra money outside of your day job? Sign up for CNBC's online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. 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Cryptocurrency trading via local digital asset exchanges skyrocketed in November to 97 billion baht, rising 54.7% from the previous month, benefiting from increased crypto investments globally after Donald Trump won the US presidential election earlier in the month. According to the Securities and Exchange Commission (SEC), the average daily trading value of crypto was 4.6 billion baht last month, up 205% from 1.5 billion baht in October. The trading value of 97 billion baht includes customers who deposited with local digital asset exchanges, but not digital assets held by investors themselves. There are 267,000 active accounts trading with digital asset exchanges, up 108% from 129,000 accounts in October. Trading was very active compared with the average daily trading value in 2022 and 2023 of 2.8 and 1.1 billion baht, respectively, said the regulator. The number of digital asset business operators licensed by the SEC last month was unchanged at nine for digital asset exchanges, 12 brokers, four dealers, two fund managers, two investment advisories and one custodian. There were 246 coins offered through local digital asset exchanges, including four new coins added last month. For one-year returns, Solana provided the highest return of 342%, followed by Bitcoin and Ethereum at 156% and 82%, respectively, significantly surpassing gold at 29.8% and 26% for the global stock market. Solana is a third-generation blockchain network that was created with the main purpose of being able to easily scale the network to support more users. This is the second month the regulator has compiled monthly data about the digital asset market. The SEC previously tracked the data and released such information weekly. Deputy secretary-general Jomkwan Kongsakul said the SEC is advancing digital securities trading by focusing on developing the use of blockchain technology, aiming to protect secure encryption, prevent data forgery and increase transparency. The technology reduces reliance on intermediaries and ensures data cannot be altered or deleted, helping to lower costs, enabling real-time trading and improving the efficiency of crypto trading, she said. The SEC is accelerating work on legal amendments to punish investment fraud after its investment fraud hotline received more than 5,000 reports of fraudulent investments via social media this year as of Dec 9. The regulator coordinated with social media platform operators to block 2,968 accounts that are suspected of fraudulent investments, said Anek Yooyuen, deputy secretary-general of the SEC. The blocked accounts comprise 1,502 TikTok accounts, 1,318 Facebook accounts and 148 Line accounts. "The SEC is amending laws to punish investment fraud and deception cases next year," he said, which should improve confidence in the Thai capital market. In terms of law enforcement against offenders of the SEC Act, criminal charges were filed against offenders in 13 cases this year, up from eight cases in 2023, while civil penalties were imposed in 10 cases, rising from seven cases last year. The regulator is preparing to announce its strategic plan for 2025-27 on Jan 30. The three-year plan was developed in collaboration with the Stock Exchange of Thailand and other capital market agencies. Mr Anek said the SEC's strategies are meant to achieve four main goals: increasing trust and confidence in the capital market, promoting digital technology, building a sustainable capital market, and improving investors' financial well-being. In addition, the SEC has a joint action plan to drive the capital market towards sustainability by creating a mechanism for listed companies to communicate environmental, social and governance plans through the disclosure of information on greenhouse gas emission reduction. Internal management at the regulator plans to focus on utilising advanced technology to support operations, such as training its employees to be investigators in civil cases. "The capabilities of our staff must be strengthened to speed up the prosecution process," he said.