Donald Trump has chosen Tulsi Gabbard, a former Democratic congresswoman from Hawaii, to be the director of national intelligence in his second administration. Gabbard is known for her pro-Russian views, including blaming Nato and Joe Biden’s administration for Russia’s full invasion of Ukraine that began in February 2022. She has also claimed Syrian dictator Bashar al-Assad
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Republicans have won a majority in the House of Representatives, giving Donald Trump’s party full control of both chambers of the US Congress and wide latitude to push a radical agenda through the
UK chancellor Rachel Reeves is to legislate to develop eight pension “megafunds” as part of reforms to Britain’s fragmented local government retirement scheme that she claims could unlock £80bn of investment. But the chancellor has rejected more radical options including forcing pension funds to invest in British assets, or creating one single Canadian-style fund out
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Matt Gaetz, the incendiary Republican congressman from Florida, has been nominated by Donald Trump to be US attorney-general in his second administration, a surprise pick for the post that will reverberate across the
Chicago Mayor Brandon Johnson faces a pushback by City Council members to his proposed property tax hike.Bloomberg News Kroll Bond Rating Agency placed Chicago’s A general obligation bond rating on Watch Downgrade Tuesday as the City Council prepares to vote Thursday on a proposed $300 million property tax increase that Mayor Brandon Johnson included in
<img src=”https://public.flourish.studio/visualisation/20281438/thumbnail” width=”100%” alt=”chart visualization” /> Municipal market outperformance continued Wednesday as triple-A yield curves saw an improved bias while U.S. Treasuries were mixed after inflation data threw more uncertainty over the Federal Reserve’s next moves. The October consumer price index came in as projected, but stickiness in inflation — especially with expectations that President-elect
Exceptionally strong housing demand in the U.S. has large homebuilders in the driver’s seat and smaller builders ripe for takeover. The buyers are both domestic and Japanese. M&A activity in the single-family homebuilder space is having a record year in terms of dollar volume, and close to a record in the number of deals, according
The Israeli right has rejoiced after US president-elect Donald Trump nominated ardent supporters of Prime Minister Benjamin Netanyahu and Iran hawks to his incoming administration. Nominees including Pete Hegseth, Trump’s pick for defence secretary, and Mike Huckabee, the future US ambassador to Israel, were adored on the Israeli right for their unflinching support for Israel’s
Climate change is here and it’s taking a catastrophic toll on communities exposed to high hazards and ones with low adaptive capacity. In 2023, damages from weather and climate disasters totaled $280 billion globally. Worse, only $108 billion, or 38% of total global economic losses, were insured — leaving those who fall in the protection
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Kamala Harris’s fears of a progressive backlash killed a plan for her to appear on Joe Rogan’s podcast, a campaign official has said, shedding light on a decision that infuriated some Democrats who
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Large UK brands have been told they will need to rein in “aggressive” intellectual property claims after the country’s highest court found that media company Sky acted in “bad faith” by registering trademarks for a
The PureCycle facility in Ironton, Ohio. The plastics recycler is selling on revenue bonds it had bought back from investors earlier this year.PureCycle The owner of a municipal-bond-financed plastic recycling plant in Ohio says the project’s bumpy ride is smoothing out. PureCycle Technologies plans to continue selling revenue bonds that it bought back from investors
Matt Fabian, partner at Municipal Markets Analytics Inc., said the muni lobby is bulking up to prepare for a fight over the tax exemption in Congress. Market participants are gaming out scenarios in a post-election municipal landscape, pondering potential shifts in the investor base, borrowing costs and whether the Trump administration takes a scalpel or
A sign outside the Financial Industry Regulatory Authority office. The Financial Industry Regulatory Authority has fined Rudy Mejia Jr., chief executive officer and founder of Austin-based Nickel Hayden Advisors $10,000 for involving himself in the sale of $738,000 in limited partnership interests of a pooled investment fund he co-founded and co-managed. In addition to the
In this article BTC.CM= BLK Follow your favorite stocksCREATE FREE ACCOUNT The BlackRock logo is pictured outside the company’s headquarters in the Manhattan borough of New York City on May 25, 2021. Carlo Allegri | Reuters BlackRock has expanded its tokenized money market fund to include several more blockchains. The investment manager said Wednesday that
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world South Dakota senator John Thune will be the next Republican leader in the Senate and the most powerful Republican on Capitol Hill, after garnering the support of a majority of the party’s lawmakers
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Canadian pension investor PSP has acquired the UK airports operator of Aberdeen, Glasgow and Southampton airports for £1.5bn from Ferrovial and Macquarie, marking the latest deal in the sector amid a post-pandemic rebound in travel.
Pete Hegseth has carved out a lucrative career as a rightwing television personality revealing what he says is the secret flaw behind the US military’s stumbles in Iraq and Afghanistan: wokeness. Now, as Donald Trump’s nominee for secretary of defence, the Princeton-educated Fox News host and military veteran is a vote away from managing the
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation rose to 2.6 per cent in October, as the Federal Reserve debates whether to cut interest rates at its last meeting before US President-elect Donald Trump takes office. Wednesday’s figure from the Bureau
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Apparently it is time to let go of your old mindset (man). Forget about the past. Imagine a new and more glorious future. And buy bitcoin. This is a serious struggle for normies
The CHI Health Center arena and convention center complex will get bond-financed improvements Omaha’s voters approved last week.Bloomberg News Omaha voters approved six general obligation bond measures totaling $333.4 million last week. Omaha Finance Director Stephen Curtiss told The Bond Buyer the city made it clear to voters that “we have no intention of raising
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