ibt-mailDec 5, 2024, 9:42 AM

Trump's Defense Secretary Pick Hegseth Facing Longshot Confirmation

Newsletter Dec 5, 2024 Quick Six Trump's defense secretary pick facing longshot confirmation President-elect Donald Trump's controversial nomination of TV host Pete Hegseth to run the Defense

Newsletter Dec 5, 2024

Quick Six

Trump's defense secretary pick facing longshot confirmation
President-elect Donald Trump's controversial nomination of TV host Pete Hegseth to run the Defense Department was teetering Wednesday as Republican senators raised questions over his fitness for the role. Hegseth, a former Army National Guard officer and Fox News weekend presenter, is under intense pressure over a series of misconduct allegations, including accusations of alcohol abuse and a sexual assault claim from 2017, over which no charges were filed. Hegseth denies any wrongdoing but the controversy has left Trump's transition officials scrambling.
REPORTS SAY TRUMP IS PREPARING BACKUP SELECTIONS

Powell 'not concerned' about Fed losing power under Trump
Federal Reserve Chair Jerome Powell said Wednesday that he was "not concerned" the US central bank would lose its power of independence under President-elect Donald Trump, despite him saying he would have input into interest rate decisions. Trump has said he would like "at least" a say over setting rates, which would run against the bank's mandate to act independently of Congress and the White House in tackling inflation and unemployment.
WHAT'S TRUMP TREASURY NOMINEE BESSENT'S OPINION?

Generation 'success' gap: Gen Z eyes jaw-dropping salaries
Gen Z's definition of a successful salary differs significantly from other generations. A recent survey revealed that Gen Z's target salary is actually 600% higher than what Baby Boomers are likely to accept. A new study revealed the figures how much Gen Z, Millennials, Gen X and Boomers feel they need to make to be successful, requiring an average salary of around $270,000 each year, but Gen Z expects to be paid more than twice as much.
SEE HOW MUCH EACH GENERATION DEFINES AS SUCCESS

You Might Like

Markets

DJIA	45,014.04	0.69%
S&P 500	6,086.49	0.61%
Nasdaq Composite	19,735.12	1.30%
Japan: Nikkei 225	39,505.56	0.58%
UK: FTSE 100	8,335.81	-0.28%
Crude Oil Futures	68.75	0.31%
Gold Futures	2,672.10	-0.15%
Yen	150.21	-0.27%
Euro	1.05	0.03%
* As of market close

NYC manhunt under way for CEO's shooter

The CEO of US health insurance giant UnitedHealthcare was shot and killed outside a New York hotel early Wednesday in an apparent targeted hit. Brian Thompson was shot and killed by a suspect that fled on an electric bicycle and was still on the loose as of late Wednesday. The manhunt was under way as detectives cordoned off streets and conducted a massive search around the downtown Hilton, retrieving key pieces of evidence. There were reports Thompson had received threats, and police were tracking leads to learn the suspect's identity.

SEE HOW UNITEDHEALTHCARE STOCK REACTED TO TRAGEDY

No-confidence vote tops French government

French lawmakers on Wednesday voted to oust the government of Prime Minister Michel Barnier after just three months in office, a historic move which plunged the country further into political chaos. For the first time in over sixty years, the National Assembly lower house toppled the incumbent government, approving a no-confidence motion that had been proposed by the hard left but which crucially was backed by the far-right headed by Marine Le Pen. Barnier's rapid ejection from office comes after snap parliamentary elections this summer that backfired.

SEE MACRON'S LIKELY NEXT MOVE TO NAME A REPLACEMENT

Texas' next governor? 'None of the above'

A Texas Republican lawmaker introduced a bill proposing that voters be allowed to select "none of the above" on election ballots. Frustration with limited choices of quality candidates in elections has long been a topic of discussion among voters, with some expressing their discontent by abstaining or leaving sections of the ballot blank. However, the bill would provide an alternative to voters who dissatisfied with listed candidates, which typically garners around 1–2% of votes.

FIND OUT THE POLITICAL FATE OF 'LITERALLY ANYBODY ELSE'

Extra point

What is the only US state that has a "None of the above" election law?

Wednesday's answer: George Washington (1793) gave the shortest inaugural address of 135 words in 1793, while William Henry Harrison in 1841 delivered the longest at 8,455 words, lasting almost two hours.

In partnership with XTL US INC.

Get Versatility And Precision In Engraving With The xTool S1 Laser Cutter

"If you're starting a new business in engraving, then the xTool S1 Laser Cutter offers the best tool for professional results."

IBTimes will always protect your security and privacy. Please read our detailed Privacy Policy. Please do not reply to this email. Click here to adjust your notification preferences or unsubscribe.

IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States

You may unsubscribe or change your contact details at any time.

Latest Emails from ibt-mail

ibt-mail

Jan 16, 2025, 1:01 PM

$XRP Shakes Off SEC Ripple Appeal, Tops $3 For The First Time In 7 Years

Newsletter Jan 16, 2025 $XRP Shakes Off SEC Ripple Appeal, Tops $3 For The First Time In 7 Years $XRP has once again hit a new milestone, breaking $3 for the first time in since 2018 even as the SEC

Read full newsletter →

ibt-mail

Jan 16, 2025, 9:56 AM

Celebrations Erupt In Gaza After US Helps Broker Ceasefire

Newsletter Jan 16, 2025 Quick Six Celebrations erupt in Gaza after US helps broker ceasefire Qatar and the US announced a ceasefire and hostage-release deal between Israel and Hamas on Wednesday,

Read full newsletter →

ibt-mail

Jan 16, 2025, 5:44 AM

Outrage As LA Millionaires Pay Up To $10,000 Daily For Private Firefighters To Protect Their Homes

Newsletter Jan 16, 2025 Welcome to your January 16 newsletter... Wealthy Los Angeles residents are reportedly paying up to $10000 a day for private firefighters to protect their homes, sparking outrage

Read full newsletter →

ibt-mail

Jan 15, 2025, 12:45 PM

Bitcoin Rebounds On Report Of Trump's Day 1 Pro-Crypto Executive Order

Newsletter Jan 15, 2025 Bitcoin Rebounds On Report Of Trump's Day 1 Pro-Crypto Executive Order Bitcoin climbed above $97000 Tuesday night amid a report that Donald Trump will sign an executive

Read full newsletter →

ibt-mail

Jan 15, 2025, 9:56 AM

Ban Or Buyout? The Clock Is Ticking On TikTok In The US

Newsletter Jan 15, 2025 Quick Six Ban or buyout? The clock is ticking on TikTok ban in the US TikTok faces an imminent shutdown in the US after Congress passed a law last year forcing Chinese owner

Read full newsletter →

ibt-mail

Jan 15, 2025, 6:05 AM

UK Industries Brace For £2.5B Blow From Trump's Tariff Threats: Which Sectors Are At Risk?

Newsletter Jan 15, 2025 Welcome to your January 15 newsletter... The UK could face a £2.5 billion blow as Donald Trump's tariff threats target major industries like automotive, agriculture, and

Read full newsletter →

ibt-mail

Jan 14, 2025, 1:16 PM

The Case For Altcoin Recognition: Crypto Users Believe These Coins Are Undervalued

Newsletter Jan 14, 2025 The Case For Altcoin Recognition: Crypto Users Believe These Coins Are Undervalued In the wild world of crypto, some altcoins have made significant progress than others – at

Read full newsletter →

ibt-mail

Jan 14, 2025, 9:46 AM

Biden Pushing For Gaza Ceasefire, Hostage Deal Before Week's End

Newsletter Jan 14, 2025 Quick Six Biden pushing for Gaza deal before his administration ends A Gaza truce and hostage release deal is close and could be finalized in the final week of President Joe

Read full newsletter →

ibt-mail

Jan 14, 2025, 5:51 AM

Shark Tank's Mark Cuban Prefers Bitcoin Over Gold During a Major Economic Crisis

Newsletter Jan 14, 2025 Welcome to your January 14 newsletter... Mark Cuban, known from Shark Tank, believes Bitcoin is a better option than gold during an economic crisis. He views Bitcoin as a

Read full newsletter →

ibt-mail

Jan 13, 2025, 12:44 PM

$UFD – Crypto Whales Are Betting On This Memecoin, Creator Gets MoonPay Nod

Newsletter Jan 13, 2025 $UFD – Crypto Whales Are Betting On This Memecoin, Creator Gets MoonPay Nod Unicorn Fart Dust was created by a YouTuber who lost sponsorships since the memecoin's launch,

Read full newsletter →

ibt-mail

Jan 13, 2025, 9:37 AM

Trump Slams Handling Of LA Wildfires As Wind Fuels Flames

Newsletter Jan 13, 2025 Quick Six Trump slams handling of LA wildfires as wind fuels flames President-elect Donald J. Trump escalated his criticism of the officials managing the Los Angeles wildfires,

Read full newsletter →

ibt-mail

Jan 13, 2025, 5:45 AM

Elon Musk Posts 'DEI Means DIE' As California Burns After Officials Spent $500M On DEI Initiatives

Newsletter Jan 13, 2025 Welcome to your January 13 newsletter... Elon Musk posted "DEI means DIE" amid wildfires in California, criticizing the state's $500M investment in Diversity,

Read full newsletter →