Jimmy Carter Dies at 100: Tributes Pour in for Former President

Jimmy Carter, the 39th president of the United States, passed away at the age of 100. The Carter Center confirmed that he was “surrounded by his family” at his home in Plains, Georgia, during his final moments on Sunday. His death marks the end of a remarkable life that included his time as a Navy lieutenant, peanut farmer, governor, and president.

The announcement prompted a wave of tributes from world leaders, including current and former U.S. presidents, who reflected on Carter’s enduring legacy. Preparations for a state funeral are underway to honor the only former U.S. president to reach the milestone age of 100.

Remembered by Leaders Across the Political Spectrum

President Joe Biden praised Carter’s life and character, calling him a “model of what it means to live a life of meaning and purpose.” In his statement on Sunday, Biden remarked, “He stands as a model of principle, faith, and humility. His life was dedicated to others.” Biden also expressed deep personal sorrow, describing Carter as a “dear friend.”

Vice President Kamala Harris joined the chorus of condolences, emphasizing Carter’s moral integrity and faith. “Carter was guided by a deep and abiding faith — in God, in America, and in humanity,” Harris said. She highlighted his ability to remind the nation and the world of “the strength in decency and compassion.”

Donald Trump, the president-elect, also paid his respects. While noting that he “strongly disagreed with [Carter] philosophically and politically,” Trump described him with “highest respect” and acknowledged Americans’ collective “debt of gratitude.”

State Funeral Plans

A series of public observances will take place to commemorate Carter’s legacy, beginning in Atlanta and Washington, D.C. A private interment will follow in Plains, Georgia, the small town where Carter was born and spent much of his life. Final arrangements are still being planned, and the ceremonies will be conducted by the Department of Defense’s Joint Task Force – National Capital Region.

A Life of Service and Principles

Before entering politics, Carter served as a U.S. Navy lieutenant and managed his family’s peanut farm in Georgia. His career in public service began when he was elected as Georgia’s governor, eventually leading to his presidency from 1977 to 1981.

Carter’s time in the White House was marked by significant accomplishments and challenges, including brokering the Camp David Accords, which led to a peace treaty between Egypt and Israel. Although his presidency was limited to one term, Carter remained an influential figure on the global stage through his humanitarian and advocacy work.

Tributes from Past Presidents and World Leaders

Other living former U.S. presidents also expressed their sorrow over Carter’s death. Barack Obama described him as “a beacon of moral clarity,” George W. Bush referred to him as a “great American,” and Bill Clinton honored his lifelong dedication to public service.

Condolences also poured in from leaders across the globe. Heads of state and lawmakers praised Carter’s unwavering commitment to peace, human rights, and humanitarian causes, reflecting the deep respect he garnered internationally.

Rosalynn Carter’s Legacy

Carter’s passing comes just a month after the death of his wife, Rosalynn Carter, who died in November 2023 at the age of 96. The couple had been married for over 75 years, making them the longest-married presidential couple in U.S. history. Rosalynn was widely recognized for her advocacy for mental health and humanitarian efforts, often working alongside her husband in their shared pursuits.

Honoring Carter’s Legacy

Jimmy Carter’s century-long life stands as a testament to a life well-lived in service to others. As President Biden aptly noted, he represented “faith and humility,” qualities that will continue to inspire generations.

The nation and the world now prepare to bid farewell to a leader whose legacy transcends politics, leaving behind a lasting imprint on history.

Trump’s Historic Comeback: A Journey of Struggles, Achievements, and American Resilience

Vinod George Abraham, CISA, CPA M.S (Tax)

In 2024, former President Donald Trump achieved a remarkable political victory, one that could reshape the future of America. After facing unprecedented challenges, including unfair treatment by political elites and the justice system, Trump made a historic comeback to win the popular vote, becoming the second president in U.S. history to regain the presidency after a loss. The first was Grover Cleveland, who defeated Benjamin Harrison in 1892, a resounding victory after losing his reelection bid four years prior. Trump, much like Cleveland, overcame immense adversity to return to the White House, earning the people’s vote in what many called a “golden age” for America.

Trump’s victory was not just a win for him, but a win for the American people, especially those tired of the Washington elite and the political establishment. The Democrats, backed by the powerful left-wing media, have long criticized Trump, claiming he was unfit for office. Despite this, he continued to fight for the people, and his resilience is evident in the battles he faced from the justice system.

The Federal Election Interference Case

One of the most significant legal challenges Trump faced was the Federal Election Interference Case, a politically motivated charge pushed by the left-wing establishment and the Justice Department. The case accused Trump and his allies of attempting to interfere with the election process, despite the overwhelming evidence showing his win was fair and square. For fair-minded people, this was a case built on a flimsy theory, and the injustice of the situation could not have been clearer. Trump fought back, and before the case even reached the Supreme Court, the American people voiced their support through their votes, ultimately proving the charges were baseless.

The Georgia Election Interference Case

Another case that gained significant attention was the Georgia Election Interference Case, which alleged that Trump had attempted to pressure state officials to change the outcome of the election. However, once again, there was no real evidence of wrongdoing. The case was nothing more than a political attack aimed at damaging Trump’s credibility. His supporters stood firm, recognizing the case for what it truly was—an attempt by Democrats to prevent his return to power.

The Classified Documents Case

The Classified Documents Case, in which Trump was accused of mishandling classified information, also became a focal point for his political opponents. The charges seemed exaggerated and politically motivated, as many saw parallels with other public officials who had mishandled sensitive materials without facing similar scrutiny. For the fair-minded, this case was another example of a biased justice system targeting Trump while ignoring the wrongdoings of others in power.

The Hush Money Case

Perhaps one of the most sensationalized cases was the Hush Money Case, which centered around alleged payments to silence individuals during the 2016 election. Once again, the charges were politically driven, aimed at tarnishing Trump’s reputation. Fair-minded individuals recognized that these charges were an attempt to distract from the real issues facing the nation. The case ultimately failed to hold any significant weight against Trump’s legacy and his enduring popularity.

The Supreme Court Victory

All of these cases were built upon novel legal theories, but ultimately, Trump triumphed. The U.S. Supreme Court ruled in his favor, affirming that the charges against him were based on flimsy arguments and political motivations. It was a historic win for the American legal system, which rejected the attempts to undermine a democratically elected leader. Trump’s victory was a testament to the strength of the people’s voice and the resilience of the American political system.

Trump’s Leadership: A New Era for America

Trump’s leadership has been defined by his relentless fight for the American people. His “America First” policies focused on securing the borders, reducing illegal immigration, and making the U.S. energy independent. His first tax cut, which made permanent reforms to the tax code, was a win for businesses and working-class Americans. Trump’s “Remain in Mexico” policy, which was highly successful during his first term, was a cornerstone of his immigration agenda, one that he promised to reinstate on day one of his second term.

Throughout his campaign, Trump emphasized a bold vision for America’s future. He promised to defeat inflation, lower energy costs, and restore the American dream. His proposed tariffs on foreign imports, particularly from China, were designed to protect American workers and bring manufacturing back to the U.S. By taking such a hard stance, Trump vowed to level the playing field for American businesses and consumers.

Trump’s work ethic, even at 78 years old, has been nothing short of inspiring. He tirelessly campaigned across the nation, speaking to voters in every state, whether red or blue. His message was clear: he was for the people, and he would fight for their interests no matter the obstacles.

A Golden Age for America

The promise of a “Golden Age” of America is now within reach, as Trump sets his sights on his second term in office. With the help of influential figures like Elon Musk and Vivek Ramaswamy, who have joined forces to cut government waste, Trump is prepared to tackle the challenges that lie ahead. His proposed Department of Government Efficiency (DOGE) aims to reduce unnecessary spending and streamline federal operations. Trump’s ability to build alliances with former adversaries and unite the country under his vision for a prosperous America demonstrates his unparalleled political acumen.

As President Joe Biden and Vice President Kamala Harris continue to peddle optimism in the face of a faltering economy, Trump remains the only major candidate willing to confront the nation’s economic challenges head-on. His bold promises, such as revitalizing manufacturing, tackling inflation, and reducing government waste, have struck a chord with Americans who are ready for change.

Conclusion

Trump’s historic comeback is not just a personal victory but a triumph for the American people. His leadership has shown that when the people speak, nothing can stand in their way. With his unmatched work ethic, bold vision for America’s future, and unwavering commitment to putting the interests of the nation first, Trump has proven that he is a force to be reckoned with. His second term promises to bring about the Golden Age of America—a time of unparalleled prosperity, security, and national pride.

Trump Defends H-1B Visa Program Amidst Divided Supporters

President-elect Donald Trump has voiced his support for the H-1B visa program, which allows highly skilled foreign workers to immigrate to the United States, in his first public statement on the controversial issue since his election. The remarks come during a week when the program has sparked sharp divisions among his supporters.

In an interview with The New York Post, Trump stated his strong backing for H-1B visas, despite his previous restrictions on the program during his presidency. “I’ve always liked the visas, I have always been in favor of the visas. That’s why we have them,” Trump said, adding, “I have many H-1B visas on my properties. I’ve been a believer in H-1B. I have used it many times. It’s a great program.”

The H-1B visa program, which allows 65,000 highly skilled workers to immigrate annually and an additional 20,000 workers with advanced degrees from U.S. institutions, has long been a contentious topic in U.S. politics. Proponents argue that it helps U.S. companies remain competitive and fosters economic growth, while critics claim it undermines American workers by encouraging companies to hire foreign labor at lower wages.

Trump’s comments signal a shift from his earlier stance on the program. During his 2016 campaign, Trump criticized the H-1B visa system, accusing companies of using it to replace American workers with cheaper foreign labor. As president, he implemented restrictions on H-1B visas, citing economic concerns, especially during the COVID-19 pandemic. However, during the 2024 campaign, Trump expressed openness to granting legal status to certain foreign-born workers, particularly those graduating from U.S. universities.

The president-elect’s recent remarks align him with tech industry leaders, including Elon Musk, and signal a willingness to reconsider the program’s role in fostering innovation and economic growth.

Musk’s Advocacy for H-1B Visas

Elon Musk, the billionaire entrepreneur behind SpaceX and Tesla, has been one of the most vocal defenders of H-1B visas. This week, Musk took to social media to argue for the program’s importance in helping tech companies expand and innovate. On Friday, Musk declared, “The reason I’m in America along with so many critical people who built SpaceX, Tesla, and hundreds of other companies that made America strong is because of H-1B. I will go to war on this issue the likes of which you cannot possibly comprehend.”

Musk, originally from South Africa, gained Canadian citizenship through his mother and later moved to the U.S. as a foreign student, initially working under an H-1B visa. His passionate defense of the program has drawn both praise and criticism.

Musk’s sentiments were echoed by Vivek Ramaswamy, whom Trump has appointed to lead the newly created Department of Government Efficiency. Both Musk and Ramaswamy’s support for the visa program has provoked backlash from some members of Trump’s base, who view it as a threat to American jobs.

Criticism from MAGA Supporters

The defense of H-1B visas by Musk and Ramaswamy has led to sharp criticism from prominent figures within Trump’s coalition. Steve Bannon, a former Trump aide, described the program as a “scam” during an episode of his podcast on Saturday. Similarly, former Representative Matt Gaetz and far-right activist Laura Loomer have voiced strong opposition to the program.

The criticism highlights a growing divide among Trump’s supporters over immigration policy. While many MAGA loyalists advocate for restricting both legal and illegal immigration, others argue that programs like H-1B are essential for maintaining the U.S. economy’s global competitiveness.

Trump’s Evolving Relationship with Musk

Trump’s recent remarks defending H-1B visas also reflect his deepening relationship with Musk. On Friday, Trump shared a private social media message addressed to Musk, asking when the tech mogul would visit his Mar-a-Lago estate in Florida again.

This growing alliance between Trump and Musk signals a broader shift in Trump’s approach to the tech industry. While his first term was marked by tensions with Silicon Valley, Trump’s comments suggest he may adopt a more collaborative stance with tech leaders during his upcoming presidency.

Balancing Act on Immigration

The H-1B visa debate underscores the broader challenges Trump faces in balancing the competing interests within his coalition. While his base largely supports strict immigration controls, key business leaders and economists emphasize the importance of foreign talent in driving innovation and economic growth.

The H-1B program, established to address labor shortages in specialized fields, is seen by many economists as vital for maintaining the U.S. economy’s competitive edge. “The program allows companies to grow their businesses and create more jobs in the U.S.,” supporters argue. However, detractors claim it prioritizes corporate profits over American workers’ interests.

During his presidency, Trump sought to address these concerns by restricting access to H-1B visas, particularly during the economic downturn caused by the pandemic. Yet his recent comments suggest a willingness to strike a more balanced approach, recognizing the program’s potential benefits while addressing its perceived shortcomings.

The Road Ahead

As Trump prepares to assume office, his stance on H-1B visas will likely remain a contentious issue. While his comments signal an openness to compromise, the debate over the program’s impact on American workers and the economy is far from resolved.

For now, Trump’s endorsement of the H-1B program marks a notable departure from his earlier rhetoric, aligning him with tech leaders like Musk and highlighting the complexities of crafting immigration policy in a deeply divided political landscape.

In the coming months, Trump will face the challenge of reconciling these divisions within his coalition while addressing broader concerns about the U.S. economy and workforce. Whether his administration can strike the right balance remains to be seen, but Trump’s comments have already reignited a critical conversation about the role of immigration in shaping America’s future.

Trump’s Allies Clash Over High-Skilled Worker Visas, Sparking Immigration Debate

A rift has erupted within Donald Trump’s camp over visas for highly skilled workers, with new tech allies like Elon Musk and Vivek Ramaswamy advocating for such immigration and the anti-immigration MAGA base opposing it. The conflict highlights the challenges of maintaining Trump’s coalition as his administration tackles immigration, a cornerstone of his 2024 campaign.

While President-elect Trump has pledged to curb illegal immigration at the southern border and initiate mass deportations, this debate focuses on legal immigration, revealing underlying anti-immigrant sentiment within some conservative circles.

A Controversial Appointment

The issue gained momentum when Trump announced the appointment of Sriram Krishnan as a White House policy adviser on artificial intelligence. Krishnan’s past suggestion to eliminate country caps on green cards and promote skilled immigration drew criticism. Far-right commentator Laura Loomer called his views “alarming,” claiming they would allow foreign workers to take jobs from American STEM graduates.

The H-1B visa program, which permits employers to hire high-skilled professionals, mostly in tech, became the center of the discussion. The program caps visas at 65,000 annually, with an additional 20,000 for those with advanced U.S. degrees. Critics within Trump’s base argue that the program undercuts American workers.

Racial Undertones

Some opposition to H-1B visas took on racist overtones, particularly targeting Indian immigrants. By law, no more than 7% of green cards can be issued to applicants from a single country annually, yet most pending applicants are Indian, who also make up 72% of H-1B visa recipients in 2023.

Amid the backlash, several tech industry leaders supporting Trump defended high-skilled immigration. Musk, a South African immigrant and former H-1B holder, argued on his platform X that there aren’t enough U.S.-born engineers to meet demand. “OF COURSE my companies and I would prefer to hire Americans and we DO,” he stated, “but there is a dire shortage of extremely talented and motivated engineers in America.”

Culture and Immigration Debate

Ramaswamy, co-chair of Trump’s “Department of Government Efficiency” (DOGE) alongside Musk, previously criticized the H-1B program during his presidential campaign but shifted focus in this debate. He blamed American culture for the shortage of engineers, asserting, “American culture has venerated mediocrity over excellence for way too long,” citing examples from pop culture.

His remarks sparked criticism, including from former U.N. Ambassador Nikki Haley, who countered, “There is nothing wrong with American workers or American culture. We should be investing and prioritizing Americans, not foreign workers.”

Other tech figures, such as venture capitalists David Sacks and Joe Lonsdale, supported high-skilled immigration. Sacks defended Krishnan, emphasizing that his call to remove green card caps did not equate to eliminating all limits. “Supporting a limited number of highly skilled immigrants is still a prevalent view on the right,” Sacks remarked.

Lonsdale expressed a nuanced stance, opposing “low-end H1B immigrants” but advocating for attracting top talent globally.

Seeking Common Ground

Musk acknowledged flaws in the H-1B system, agreeing with a post describing it as a way to attract “brilliant engineers” while also being “poorly implemented and abused.” Sacks similarly sought to bridge the divide, affirming trust in Stephen Miller, incoming White House Deputy Chief for Policy, to handle immigration. “What I oppose is a baseless witch hunt against a highly qualified American for a role as AI adviser,” Sacks added.

The debate has exposed cracks in the newfound alignment between MAGA conservatives and Silicon Valley figures who rallied behind Trump. Musk, who contributed $250 million to Trump’s campaign, has become a prominent ally, earning the nickname “President Musk” for his influence. However, his stance on immigration has stirred opposition from within the conservative base.

Criticism from the MAGA Base

Rep. Marjorie Taylor Greene, co-chair of a DOGE subcommittee, urged Americans to replace H-1B workers by seeking skilled jobs themselves. “Put down the selfie light and go apply for a job,” Greene posted on X, adding that American companies are eager to hire domestic workers.

Former Rep. Matt Gaetz, initially considered for Trump’s attorney general, criticized tech leaders’ involvement in immigration policy, writing, “We did not ask them to engineer an immigration policy.”

A Historical Perspective

Trump himself has largely stayed out of the current debate, focusing on unrelated topics on X. However, his past criticism of the H-1B program looms large. During his 2016 campaign, he condemned it as a tool to replace American workers with cheaper foreign labor. His first-term administration attempted to raise wage requirements for H-1B visas, but the initiative was blocked.

Bridging Divisions

Amid the infighting, Ramaswamy echoed Trump’s patriotic rhetoric, emphasizing the need to revive the “American spirit.” Stephen Miller also invoked Trump’s 2020 speech celebrating uniquely American achievements, such as the Wright brothers and Elvis Presley, suggesting the U.S. must continue fostering domestic talent.

While the Trump-Silicon Valley alliance has sparked optimism among some conservatives, the immigration debate reveals the challenges of uniting diverse factions within the movement. As the conversation continues, it remains to be seen how Trump’s administration will navigate these tensions while shaping its immigration policies.

America’s dominance of the global financial system and Sliding Value of Indian Rupee.

The rupee recently dropped down to 85.44 against the US dollar, driven more by a strengthening US dollar. The  rupee has been depreciating against the dollar since September 2024.
Rupee hits record low against dollar again. The rupee has been falling for the fourth consecutive day. It lost eight paise today. With this, the rupee’s current value has fallen to Rs 85.44.
In April 2024, the exchange rate was around 83, and a decade ago, it was approximately 61. This reflects a steady decline in the rupee’s value relative to the dollar.
The large outflow of foreign investment is causing the rupee to depreciate. The rupee had recorded a huge decline the previous day. The rupee lost 12 paise yesterday. The value fell to Rs 85.27. At the same time, the dollar showed strength against six global currencies. The dollar index is trading with a gain of 0.4 percent. One of the reasons for the dollar’s strength is the increase in US Treasury yields.
On the other hand, Exchange rates are driven by demand and supply dynamics. If Indians demand more US dollars than Americans demand Indian rupees, the dollar’s value rises relative to the rupee, making it costlier. Persistent demand imbalance strengthens this trend, causing the rupee to weaken against the dollar.
If India imports more goods from the US than it exports, the demand for US dollars exceeds that for Indian rupees. This strengthens the dollar and weakens the rupee, requiring more rupees to buy one dollar.
Since a large proportion of India’s imports are dollar-denominated, these imports will get costlier. Costlier imports, in turn, will widen the trade deficit as well as the current account deficit, which, in turn, will put pressure on the exchange rate.
Oil futures prices also rose. Brent crude rose 0.7 percent to $73.31 a barrel. Stock markets are trading with gains. The Bombay Stock Exchange Sensex gained 207 points. The Bombay Stock Exchange Index is trading at 78,699.07 points. The Nifty also rose 88 points to 23,813.40 points. Foreign institutional investors sold shares worth Rs 2,376 crore in the past few days.
If the US bans or imposes high tariffs on Indian goods, demand for Indian rupees drops as Americans no longer need rupees to buy Indian products. That weaken the rupee.

Already U.S. President-elect Donald Trump on November 30, 2024 threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar, and encourage Brics.

His threat was directed at countries in the BRICS bloc, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

Indeed this sliding value of Indian Rupee against American Dollar is a challenge to its pre-eminence; but we will survive it!

Big Money and High Stakes: Trump’s Inauguration Draws Corporate Titans and Crypto Leaders

Fortune 500 companies, cryptocurrency firms, and individual billionaires are contributing significant sums to support Donald Trump’s upcoming inauguration. With donations reaching into seven figures, they aim to align themselves with the new administration, securing exclusive access to the president-elect and his team during the three-day celebrations.

According to an official packet sent to donors, those contributing large sums can enjoy benefits such as a candlelight dinner with Trump and his wife Melania, VIP access to a “Starlight Ball,” and private receptions with incoming Cabinet members. Among the major contributors, Amazon, Ford Motor Company, and hedge fund billionaire Ken Griffin have committed $1 million each. Cryptocurrency firm Ripple is making waves with a $5 million contribution in its digital currency, XRP.

While the swearing-in ceremony at the U.S. Capitol is taxpayer-funded, most other inaugural events rely on private funding. These events offer an opportunity for donors with vested interests to establish relationships with the new administration. The names of donors contributing $200 or more will be disclosed 90 days after the inauguration when the nonprofit committee handling the fundraising files a report with the Federal Election Commission.

“Money is a way of building relationships in Washington,” stated Michael Beckel, research director of Issue One, a bipartisan political reform organization. “Everyone is racing to make friends. The incoming president has significant power, and a hefty contribution to the inaugural committee is a way for megadonors and corporate interests to curry favor with the administration.”

Unlike political campaigns, there are no legal caps on the amount an inaugural committee can receive.

Corporate and Crypto Ambitions

Several companies see their donations as an investment in future policy changes. The cryptocurrency industry, for instance, is pushing for a regulatory framework to integrate it into the mainstream financial system. Trump’s appointments of cryptocurrency advocate Paul Atkins as SEC chair and venture capitalist David Sacks as the White House’s AI and crypto czar are seen as victories for the sector.

Coinbase, a major cryptocurrency trading platform, has donated $1 million to the inauguration. “Coinbase is committed to working with the administration and Congress to create regulatory clarity for crypto,” said Kara Calvert, the company’s vice president for U.S. policy. “It’s important to engage early to hit the ground running.” She added, “We’re eager to work with the most pro-crypto administration in U.S. history as we build the future of crypto in America.”

Robinhood, another financial platform that deals in crypto assets, has pledged $2 million. Mary Elizabeth Taylor, Robinhood’s vice president of global government and external affairs, described the donation as a celebration of “a new era of American innovation and sensible regulation.”

Fundraising Goals and Historical Context

The budget for Trump’s upcoming inauguration remains undisclosed. His first inauguration in 2017 raised nearly $107 million, a record at the time. That committee later faced legal scrutiny for financial mismanagement, resulting in a $750,000 settlement, though Trump’s organization denied wrongdoing.

By comparison, President Joe Biden’s pared-down 2021 inauguration amid the COVID-19 pandemic raised nearly $62 million. Barack Obama raised $53 million for his 2009 inauguration and $43 million for his 2013 event.

Trump’s 2017 inauguration saw 18 donations of $1 million or more, according to OpenSecrets, which tracks political donations. Sheldon Adelson, a casino magnate, was the largest individual donor with a $5 million contribution. His widow, Dr. Miriam Adelson, is a finance co-chair for this year’s event. During the 2024 campaign, she donated $100 million to a pro-Trump super PAC.

Corporate Participation and Potential Risks

Corporate America’s participation in presidential inaugurations is not new. Many view it as a civic duty to celebrate the peaceful transfer of power. However, the political climate has shifted dramatically since Trump’s supporters stormed the U.S. Capitol in 2021, prompting some corporations to initially distance themselves from Trump.

The current scramble to fund Trump’s inauguration highlights a reversal of that trend. For many businesses, the stakes are high, particularly as Trump has pledged to undo Biden-era policies and overhaul U.S. trade practices.

Ford Motor Company and General Motors, which supported Trump’s 2017 inauguration, are contributing $1 million each this time—significantly more than their previous donations. Both automakers also plan to provide vehicles for the events.

This renewed financial support comes despite potential risks. Trump has threatened steep tariffs on imported goods, which could disrupt the global supply chains automakers rely on. He has also criticized the electric vehicle tax credit program, which offers up to $7,500 to consumers purchasing North American-assembled EVs. Although scrapping the program would require congressional action, the possibility has caused unease in the industry.

Other longstanding contributors to inaugural events, including AT&T and Bank of America, have also committed donations but have yet to disclose the amounts.

Exclusive Access for Big Donors

Trump’s inauguration offers unique opportunities for major donors to connect with the incoming administration. As he noted on social media, “EVERYBODY WANTS TO BE MY FRIEND!!!”

The donor packet outlines various perks based on contribution levels. Those giving $250,000 or raising $500,000 receive two tickets to key events, including the “Make America Great Again Victory Rally,” a candlelight dinner with Trump and Melania, and the black-tie ball.

Donors contributing $1 million or raising $2 million enjoy additional benefits, such as six tickets to featured events and two seats at an “intimate dinner” with Vice President-elect JD Vance and his wife, Usha Vance.

“This is guaranteeing wealthy donors a level of access that most Americans could only dream of,” said Beckel. “Even if you are the most ardent supporter of a presidential candidate, the odds are not in your favor of being able to rub shoulders with a president or a high-ranking official.”

Balancing Celebrations and Influence

As Trump prepares for a second inauguration, the intersection of big money and political influence continues to raise questions. While supporters frame their contributions as part of celebrating democracy, critics view them as strategic moves to gain leverage with the new administration.

Whether these donations will translate into policy influence remains to be seen. What is clear, however, is that Trump’s inauguration has become a focal point for corporations and billionaires eager to secure their place in the evolving political landscape.

Rupee at Record High in Real Effective Terms Despite Dollar Weakness

The Indian rupee is hitting new lows against the US dollar, but its value has surged to an all-time high in “real effective” terms.

According to the Reserve Bank of India (RBI), the rupee’s Real Effective Exchange Rate (REER) index reached a record level of 108.14 in November, showing a 4.5% appreciation this calendar year. The REER is a measure that compares the rupee’s value not only against the US dollar but also against other global currencies. This index accounts for inflation differences between India and its trading partners and is calculated as a weighted average of the rupee’s exchange rates with 40 currencies, covering around 88% of India’s annual trade.

The rupee’s REER, using 2015-16 as the base year and assigning currency weights based on trade shares, initially declined from 105.32 in January 2022 to 99.03 in April 2023. However, it has been on an upward trend since then, climbing to 107.20 in October and peaking at 108.14 in November.

Why the Divergence in Rupee Trends?

The apparent contradiction—where the rupee weakens while simultaneously strengthening—can be attributed to the US dollar’s movements over the last three months, especially following Donald Trump’s victory in the US presidential elections on November 5.

During the period from September 27 to December 24, the dollar index futures, which measure the dollar’s value against six other major currencies (euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc), rose from 99.88 to 108.02. Much of this increase occurred after November 5, when the index was at 102.98.

In the same timeframe, the rupee depreciated from 83.67 to 85.19 against the dollar. However, it appreciated against other major currencies: from 93.46 to 88.56 against the euro, 112.05 to 106.79 against the British pound, and 0.5823 to 0.5425 against the Japanese yen.

Challenges for Exporters

A REER value above 100 indicates an overvalued rupee, meaning its exchange rate has not depreciated enough to balance out India’s higher domestic inflation. This overvaluation makes imports cheaper but reduces the competitiveness of Indian exports in global markets.

Effectively, while the rupee has weakened against the dollar, it hasn’t depreciated as much as the dollar has strengthened relative to other currencies. This strengthening of the dollar has been driven by Trump’s policy outlook, which includes proposed tariff hikes, particularly on Chinese imports, deficit-funded tax cuts, and plans for mass deportations of undocumented immigrants. If implemented, these policies could fuel inflation in the US, compelling the Federal Reserve to maintain a tight monetary stance.

The tightening monetary environment in the US has led to a surge in 10-year government bond yields, which rose from 3.75% to 4.59% between September 27 and December 24. This, in turn, has triggered capital outflows from countries like India to the US, further pressuring the rupee.

A Broader Perspective

Since the beginning of 2022, the rupee has generally weakened against major currencies. It declined from 74.30 to 85.19 against the dollar, 84.04 to 88.56 against the euro, and 100.30 to 106.79 against the pound. The only exception was the Japanese yen, where the rupee strengthened from 0.6454 to 0.5425.

Despite this depreciation against most currencies, the REER index for the rupee has risen. This paradox is mainly due to India’s inflation rate outpacing those of its major trading partners.

Assuming the rupee was “fairly” valued in 2015-16, when the REER base was set at 100, any value above 100 indicates overvaluation. This suggests that the rupee’s exchange rate has not fallen enough to compensate for India’s higher inflation. As a result, imports have become cheaper, and exports less competitive.

RBI’s Stance on the Rupee

The RBI seems to be tolerating a depreciation of the rupee, at least against the dollar, to address these imbalances. Analysts point to the central bank’s efforts to allow market forces to guide the currency, thereby improving the competitiveness of Indian exports.

“The rupee is highly overvalued today, making imports into India cheaper and exports less cost-competitive,” experts note. This overvaluation underscores the challenges faced by exporters, particularly in a global environment where the dollar’s dominance affects currency markets worldwide.

In summary, while the rupee’s REER highlights its relative strength in real effective terms, its simultaneous depreciation against the dollar reflects the broader pressures of global economic dynamics, driven significantly by US policies and market expectations.

US Campuses on Edge Ahead of Trump’s Return: International Students Brace for Changes

As President-elect Donald Trump’s January 20 inauguration approaches, anxiety and uncertainty are growing across US college campuses. Many universities have urged international students to return early from winter break, fearing a repeat of the previous travel ban that left students stranded during Trump’s earlier term.

The United States, which hosted over 1.1 million international students in the 2023-24 academic year, could see renewed challenges for these students. Trump has promised stricter immigration measures, including an expanded travel ban targeting predominantly Muslim countries and plans to revoke visas for students deemed “radical anti-American and antisemitic.”

International students, who typically hold nonimmigrant visas allowing them to study but not reside permanently in the US, find themselves in a precarious position. “It’s a scary time for international students,” remarked Pramath Pratap Misra, a 23-year-old political science graduate from New York University (NYU). NYU had the nation’s largest population of international students last year, with over 27,000 enrolled.

Amid final exams and winter travel plans, students across the country are preparing for potential disruptions. Universities have cautioned against leaving the US before the inauguration, fearing new restrictions.

Cornell University’s Office of Global Learning has advised students to return before January 21, when spring classes begin. The office warned that “a travel ban is likely to go into effect soon after inauguration,” possibly affecting citizens from countries previously included in Trump’s first ban—such as Iran, Libya, and Syria—as well as potentially adding nations like China and India.

Similarly, the University of Southern California (USC), which has the highest number of international students in California, encouraged students to arrive by January 6. In an email, the USC Office of International Service said, “The safest way to avoid any challenges is to be physically present in the U.S. before the Spring semester begins.”

Trump’s proposed “mass deportations” have further amplified concerns, not just for workers in industries like agriculture and healthcare but also for students. While Trump has also suggested granting green cards to international graduates of US colleges, his campaign clarified that only “the most skilled graduates” would qualify. These individuals would undergo strict screenings to exclude “communists, radical Islamists, Hamas supporters, America haters, and public charges.”

For students like Gabrielle Balreira Fontenelle Mota, a 21-year-old Brazilian studying journalism and international relations at NYU, the uncertainty is unsettling. “I’m not from a Muslim country or from China, which are places that Trump usually criticizes,” she explained. “What makes me a little bit more concerned is the ideological screenings that he said he will be implementing.”

In response, NYU reassured its international community, emphasizing the importance of cross-border student mobility. “We will be monitoring any immigration-related proposals, laws, and actions that could be of concern to our community,” the university stated in a post-election email.

Other universities have also taken proactive measures. The University of Massachusetts Amherst has urged international students to return before the new administration takes office, citing “an abundance of caution.” The Massachusetts Institute of Technology (MIT) advised against relying on social media rumors when making travel decisions.

Meanwhile, Northeastern University, which has the second-largest international student body after NYU, suggested students return by January 6 to avoid disruptions. Harvard University echoed similar advice, urging students to budget time ahead of the semester start to mitigate risks.

For some, the looming challenges recall Trump’s first term, marked by efforts to restrict immigration across various categories. “The best way to anticipate or predict what will happen in the second Trump administration is to look at what happened in the first administration,” noted Stuart Anderson, executive director of the National Foundation for American Policy.

As universities brace for potential policy shifts, the fear of restrictive immigration measures weighs heavily on students and faculty alike, casting a shadow over the upcoming semester.

Americans Take a Step Back from Political News Amid Election Fatigue

As a Democrat who immersed himself in political news during the presidential campaign, Ziad Aunallah shares a sentiment many Americans feel in the wake of the election: he’s tuned out.

“People are mentally exhausted,” said Aunallah, 45, of San Diego. “Everyone knows what is coming and we are just taking some time off.”

This shift in political engagement is evident not only in conversations but also in media consumption. Television ratings and a recent survey from the Associated Press-NORC Center for Public Affairs Research demonstrate that many Americans are scaling back their intake of political news. According to the poll, about two-thirds of American adults have recently felt the need to limit their media consumption concerning politics and government due to information overload.

This trend stands out more clearly in politics compared to other news topics. Fewer Americans are limiting their exposure to news about overseas conflicts, the economy, or climate change, but politics stands as a distinct exception.

For Sam Gude, a 47-year-old electrician from Lincoln, Nebraska, political news was overwhelming before the election. “The last thing I want to watch right now is the interregnum,” said Gude, a Democrat who isn’t particularly fond of President-elect Donald Trump. Gude’s sentiments reflect a growing number of individuals who are disengaging from political coverage.

Poll Results Show More Democrats Stepping Back from Political News

The poll, which was conducted in early December, revealed that approximately 7 in 10 Democrats report taking a step back from political news. While Republicans, buoyed by Trump’s victory, are less likely to distance themselves from political coverage, nearly 6 in 10 Republicans say they’ve reduced their news consumption as well. The number of independents pulling back from political news mirrors that of Republicans.

The poll results also highlight stark contrasts in the viewing habits of Americans, particularly when it comes to TV networks that have dominated political coverage. From election night to December 13, MSNBC saw a drastic drop in prime-time viewership. The network averaged 620,000 viewers, a 54% decrease from its pre-election numbers, according to Nielsen. CNN also experienced a decline, with an average of 405,000 viewers, a 45% drop compared to its earlier ratings.

Conversely, Fox News, a popular network for Trump supporters, saw an uptick in viewership. Its post-election prime-time audience averaged 2.68 million, an increase of 13%, according to Nielsen. Since the election, 72% of viewers tuning into these three major cable networks in the evening have been watching Fox News, a significant jump from 53% before election day.

The trend of a post-election slump for fans of the losing candidate is not new for networks with heavily partisan followings. MSNBC, for instance, experienced a similar drop after Trump’s election in 2016, just as Fox News did in 2020. In that case, many Fox viewers were upset by the network’s early call of Arizona for Joe Biden, leading some to seek alternative news outlets.

MSNBC faced a similar backlash following its coverage of Trump’s victory last month. Several viewers of the show “Morning Joe” were angered when hosts Joe Scarborough and Mika Brzezinski visited Trump shortly after his win. Despite this, MSNBC’s morning show ratings have only dropped by 35% since Election Day, a smaller decline than the 54% drop in prime-time viewership.

CNN, though experiencing a slump in television ratings, has pointed out that its streaming and digital viewership have remained steady, signaling that its digital presence continues to hold relevance.

Will Political Interest Rebound When Trump Takes Office?

There is some optimism that political interest will rebound once Trump takes office. MSNBC, for example, finds some comfort in past patterns: when a new administration begins, opposition supporters often flock to cable networks, reigniting viewership.

“I’ll be tuning back in once the clown show starts,” said Aunallah. “You have no choice. Whether or not you want to hear it, it’s happening. If you care about your country, you have no choice but to pay attention.”

However, there are uncertainties about how smooth this rebound will be. MSNBC’s drop in viewership has been steeper than it was in 2016, and it remains to be seen whether opponents of Trump will engage with the news as intensely as they did during his first term. Furthermore, cable television is losing ground, with more people cutting the cord, a trend that MSNBC has attempted to counter in recent years.

Americans Want Less Political Talk from Public Figures

The poll also indicates that Americans are tired of excessive political talk from public figures. After an election season marked by celebrity endorsements, including Taylor Swift’s, the survey found that a majority of Americans disapprove of celebrities, large companies, and athletes weighing in on politics.

Kathleen Kendrick, a 36-year-old sales representative from Grand Junction, Colorado, who is a registered independent, has noticed this shift. “You get a story but only part of a story,” said Kendrick. “It would be nice if you could get both sides, and more research.” Kendrick, like many others, craves more depth in news coverage and seeks out news sources that provide well-rounded perspectives.

Gude shares a similar sentiment, expressing frustration with the focus on Trump in news coverage. “If the network wants to expand its audience, then you have to talk about issues, and you have to stop talking about Trump,” he said.

Gude’s frustration reflects a growing concern about the narrow focus of political coverage. As he points out, “It’s kind of their own fault that I’m not watching. I felt they spent all this time talking about the election. They made it so much of their focus that when the main event ends, why would people want to keep watching?”

MSNBC Faces Corporate Shifts Amid Audience Decline

Adding another layer to MSNBC’s challenges, parent company Comcast recently announced that it would spin off some of its properties, including MSNBC, into a new company. This move will bring in new corporate leadership and sever MSNBC’s ties with NBC News, creating uncertainty about the future direction of the network.

As the media landscape continues to evolve, many Americans who have tuned out political news are looking for news sources that offer more thoughtful, balanced reporting. If networks hope to re-engage these viewers, they may need to focus on providing in-depth coverage that goes beyond sensationalism and partisan politics.

Indian-American Sriram Krishnan’s White House AI Appointment Sparks Heated Immigration Debate

The recent appointment of Indian-American venture capitalist Sriram Krishnan as Senior Policy Advisor for Artificial Intelligence (AI) at the White House has ignited a contentious debate in the political and technological arenas. As the U.S. grapples with polarized views on immigration and tech policy, Krishnan’s new role has become a lightning rod for criticism, particularly from those aligned with former President Donald Trump’s “America First” agenda.

The backlash has been particularly vocal on social media, with critics accusing Krishnan of promoting policies that undermine American workers and calling for a reduction in the presence of foreign professionals, particularly Indians, in Silicon Valley. Among the loudest voices is far-right activist Laura Loomer, who took aim at Krishnan’s advocacy for eliminating country-specific caps on green cards—a reform aimed at addressing the significant backlog faced by Indian applicants.

“Deeply disturbing to see the appointment of Sriram Krishnan @sriramk as Senior Policy Advisor for AI,” Loomer wrote in a post on X (formerly Twitter). She claimed that Krishnan’s policies would pave the way for foreign workers to dominate Silicon Valley, sidelining American STEM graduates in the process. Loomer’s statements have resonated with certain factions of Trump’s base, many of whom are deeply skeptical of high-skilled immigration.

Loomer’s concerns were echoed by New York-based conservative columnist Gavin Mario Wax, who warned against the potential dangers of relying on what he referred to as “cheap foreign tech workers.” Wax’s criticism added fuel to the fire, with Loomer amplifying his message and framing the debate as a clash between Silicon Valley’s “tech bros” and nationalist populists. The growing tension, according to these critics, threatens to fracture an already fragile coalition.

Tech Leaders Rally Around Krishnan

Amid the storm of criticism, prominent figures in the tech industry have rallied to defend Krishnan. Venture capitalist David Sacks dismissed the accusations as baseless, countering the claim that Krishnan is ideologically aligned with leftist politics. “Sriram is definitely not a ‘career leftist,’” Sacks posted on X, attempting to dispel the labels imposed by Krishnan’s detractors.

Joe Lonsdale, an entrepreneur and philanthropist, also came to Krishnan’s defense, asserting the importance of attracting top global talent to sustain the U.S.’s competitive edge. “The U.S. must continue to draw the best and brightest from around the world,” Lonsdale emphasized. This sentiment reflects a broader consensus within the tech community, which views high-skilled immigrants as indispensable contributors to innovation and economic growth.

Jason Calacanis, another prominent tech investor, joined the chorus, highlighting the significant role immigrants play in driving technological advancement and job creation in the U.S. While acknowledging the political challenges, Calacanis stressed that limiting immigration could jeopardize the country’s position as a global leader in technology.

The H-1B Visa Debate

At the core of this controversy is the H-1B visa program, a longstanding yet divisive policy that enables U.S. companies to hire skilled foreign workers. Supporters of the program argue that it is a crucial mechanism for attracting top-tier talent to the country. However, critics contend that the program displaces American workers and drives down wages in industries heavily reliant on skilled labor.

For Trump supporters, Krishnan’s appointment signals a potential shift in immigration policy, one that they argue could weaken domestic job prospects. The controversy surrounding Krishnan is further amplified by his advocacy for reforms such as removing country-specific caps on green cards. Under the current system, green cards are allocated equally among all countries, a structure that disproportionately affects Indian applicants due to high demand. While applicants from smaller nations often face minimal delays, Indian applicants can encounter waiting periods exceeding a decade.

Krishnan has long championed a merit-based system that prioritizes efficiency over country quotas, a stance supported by influential figures like Elon Musk. However, this approach has drawn sharp criticism from immigration skeptics, who view it as a threat to American workers and a deviation from traditional immigration priorities.

Silicon Valley’s Perspective

The tech industry, by contrast, has largely welcomed Krishnan’s appointment, framing it as a positive step toward retaining the U.S.’s leadership in AI and other emerging technologies. Silicon Valley leaders have consistently advocated for policies that facilitate the recruitment of high-skilled immigrants, arguing that such measures are essential for fostering innovation and economic progress.

Krishnan himself has defended his policy positions with conviction, asserting that reforms aimed at streamlining immigration processes are necessary for the U.S. to remain a magnet for global talent. His stance aligns with the broader ethos of Silicon Valley, which views openness and inclusivity as vital to sustaining its competitive edge.

The divide between Silicon Valley and Trump’s base underscores a broader cultural and political conflict. On one side are tech leaders who champion open borders as a means of driving technological progress and economic growth. On the other are nationalist populists who argue that unchecked immigration poses a threat to American jobs, wages, and values.

A Nation Divided

For now, the debate over Krishnan’s appointment and its broader implications shows no signs of abating. Critics view his nomination as a betrayal of the “America First” ethos that has been a cornerstone of Trump-era policies. Meanwhile, proponents see it as a necessary move to safeguard the U.S.’s position as a global leader in technology.

As the U.S. continues to grapple with the challenges of balancing economic innovation with domestic job security, Krishnan’s role in shaping AI policy at the White House will remain under intense scrutiny. The controversy surrounding his appointment highlights the deep divisions in American society over immigration, globalization, and the future of work. Whether Krishnan’s policies can bridge these divides or exacerbate them remains to be seen, but one thing is clear: his tenure as Senior Policy Advisor for AI will be closely watched by supporters and critics alike.

In the words of Joe Lonsdale, “Attracting the best and brightest is not just a policy choice; it’s a necessity for maintaining our global edge.” On the other hand, critics like Loomer insist that prioritizing foreign talent comes at a cost to American workers, a perspective that continues to resonate with significant portions of the electorate.

For Sriram Krishnan, the challenge lies not just in navigating the complexities of AI policy but also in addressing the broader cultural and political rifts that his appointment has brought to the forefront.

Palantir Technologies: The S&P 500’s Best-Performing Stock of 2024

The most impressive stock performer on the S&P 500 this year isn’t Nvidia or Tesla, but Palantir Technologies, a defense-focused, data-driven company led by eccentric billionaire Alex Karp. Known for its AI capabilities, Palantir has surged amidst the artificial intelligence boom and heightened expectations for defense spending.

A Record-Breaking Year

Palantir has emerged as the top-performing stock on the S&P 500 in 2024, boasting a remarkable 369% return year-to-date through Monday. Despite only joining the S&P 500 in September, much of its meteoric rise occurred in the last three months. This surge was fueled not only by the general market enthusiasm for AI-related stocks but also by heightened optimism regarding defense spending under Donald Trump’s incoming administration. Since Election Day, Palantir shares have soared 58%.

The company’s performance since its inclusion in the S&P 500 has been unparalleled. According to FactSet, its 166% rally during this period is unmatched by any other company on the index. This growth has catapulted Palantir’s market value from $37 billion to an astonishing $180 billion—a nearly ninefold increase from its $20 billion valuation during its 2020 initial public offering.

While Nvidia has also delivered impressive gains, climbing 172% this year as the leader in semiconductor technology for generative AI, it falls behind Palantir’s extraordinary ascent.

Broader Industry Success

Beyond the S&P 500, Palantir is the third-best-performing stock in 2024 among public companies with a market capitalization exceeding $50 billion. The company trails only Applovin, a marketing software firm with a 756% gain, and MicroStrategy, a prominent bitcoin investor with a 477% increase.

What Drives Palantir?

Palantir specializes in AI-powered analytics, providing solutions for managing and interpreting large data sets. Bank of America analyst Mariana Perez Mora noted earlier this year that the company benefits from “rapidly growing demand for AI platforms in both commercial and government end-markets.”

While Palantir is best known for its work with the Department of Defense, its client roster also includes prominent companies such as General Mills and United Airlines. In the third quarter alone, government contracts accounted for $408 million of the company’s $726 million in revenue.

Valuation Concerns

Despite its substantial market capitalization, Palantir’s relatively modest quarterly revenue of under $1 billion raises eyebrows. This disparity makes Palantir the most expensive stock on the S&P 500 based on its price-to-sales ratio. At 67, its ratio is nearly double that of the next-highest company, Texas Pacific Land Corporation, which stands at 37. By comparison, the S&P 500’s median price-to-sales ratio is a mere 3.

However, Perez Mora predicts that Palantir’s “dominant position in the AI-powered software market” will continue to support revenue growth and improve profitability over time.

Controversies Surrounding Palantir

Although Palantir is highly regarded for its advanced technology and impressive profit margins, the company has faced criticism, particularly from human rights groups. Ahead of its IPO, Palantir was scrutinized for its involvement with Immigration and Customs Enforcement (ICE). Critics linked Palantir’s data to raids targeting undocumented immigrants in the U.S.

In a 2020 statement, Karp defended the company’s work, stating that its analytics helped ICE identify “people in our country who are undocumented.” He also acknowledged public concerns, saying, “I sympathize with the legitimate concern about what happens on our border, how it happens, and what enforcement looks like.”

Leadership and Wealth

Palantir’s cofounders have significantly benefited from the company’s rise. Alex Karp, who serves as CEO, now boasts a net worth of $7.5 billion, placing him among the world’s 400 richest individuals. Fellow cofounder Peter Thiel, a long-time tech investor, has a fortune of $15 billion, ranking him as the 148th wealthiest person globally.

Meanwhile, the other two cofounders, Stephen Cohen and Joe Lonsdale, officially joined the billionaire ranks last month.

Political Divisions Among Leaders

Interestingly, Palantir’s leadership reflects divergent political ideologies. Karp, who describes himself as a supporter of “populist-left politics,” backed Vice President Kamala Harris in the recent election. In contrast, cofounders Thiel and Lonsdale are prominent advocates for right-wing politics.

Following Trump’s victory in November, Lonsdale celebrated with the comment, “Daddy’s home.” Over the last decade, Thiel has donated tens of millions of dollars to Republican causes. Reflecting on Thiel’s vocal support for Trump in 2016, Karp told The New York Times this summer, “Because Peter had supported Mr. Trump, it was actually harder to get things done” at Palantir. Thiel did not endorse any candidate in the current election cycle.

A Unique Corporate Culture

Palantir’s close-knit and unconventional culture has also drawn attention. In a conversation with hedge fund billionaire Stanley Druckenmiller at a JPMorgan Chase event earlier this month, Karp described the company as “a rare cult with no sex and very little drugs, and we’re not poisoning anyone.”

Conclusion

Palantir Technologies’ extraordinary rise in 2024 reflects a combination of factors: the booming AI sector, increased defense spending expectations, and the company’s strong foothold in both government and commercial markets. However, its high valuation and controversial history highlight the challenges that lie ahead for this AI-driven powerhouse.

Democrats Grapple with Identity Crisis Following 2024 Election Defeat

Democrats analyzing their sweeping losses in the 2024 elections are uncovering deeper concerns about their party’s identity and approach. According to recent focus group findings by the progressive group Navigator Research, the issues go beyond the leadership of Kamala Harris or Joe Biden, pointing instead to broader, systemic problems.

The research included three focus groups, highlighting that even past Democratic supporters now view the party as weak and overly preoccupied with diversity and catering to elites. When asked to compare the Democratic Party to an animal, one participant chose an ostrich, stating, “They’ve got their heads in the sand and are absolutely committed to their own ideas, even when they’re failing.” Another likened the party to koalas, describing them as “complacent and lazy about getting policy wins that we really need.” A third participant bluntly declared that Democrats are “not a friend of the working class anymore.”

These findings, shared first with POLITICO, illustrate the uphill battle Democrats face as they sift through the aftermath of November’s significant losses. The party now enters an era of a second Trump presidency without a clear leader or unified plan to improve its electoral prospects. While some Democrats point fingers at President Biden, others attribute the losses to inflation or what they describe as “losing hold of culture.” However, the focus groups suggest the challenges are far more entrenched and could have implications extending beyond a single election cycle.

Rachael Russell, director of polling and analytics at Navigator Research, emphasized the gravity of the situation. “This weakness they see — [Democrats] not getting things done, not being able to actually fight for people — is something that needs to be figured out,” she explained. “It might not be the message, it might be the policy. It might be something a little bit deeper that has to be addressed by the party.”

The focus groups, conducted by the Democratic polling firm GBAO immediately after the election, included three categories of voters: young men in battleground states who backed Biden in 2020 but switched to Trump in 2024; voters in battleground states who supported Biden in 2020 but abstained in 2024; and voters in blue states who had previously supported Democrats, a third-party candidate, or skipped voting in 2020 but chose Trump in 2024.

“I think what the Democratic elites and their politicians believe is often very different from what the average Democratic voter is,” said a Georgia man who had supported Biden in 2020 but shifted to Trump in 2024. “The elites that run the Democratic Party — I think they’re way too obsessed with appealing to these very far-left social progressivism that’s very popular on college campuses.”

The perception of disconnect between Democratic leadership and everyday voters was a recurring theme. Participants expressed a belief that the party prioritizes progressive ideals embraced by academia over practical solutions for the working class, a sentiment that has eroded trust in the party’s ability to represent mainstream concerns.

The focus groups were complemented by a national post-election survey conducted by GBAO. This poll, which included 1,000 respondents, found that Trump received his highest approval rating since leaving office in 2020, with 47% viewing him favorably and 50% disapproving. These results align with the cautious optimism expressed by focus group participants about Trump’s second term.

Russell, however, suggested that Trump’s improved ratings might be a temporary phenomenon. She described the post-election period as a “honeymoon” phase, predicting that public opinion could shift once Trump begins enacting policies. “Once things start happening, it’s going to take a turn, and so it’s going to rely really heavily on the actions in the first 100 days to see how we go from here,” she said.

Despite their electoral struggles, Democrats may find opportunities to resonate with voters on key issues. Russell pointed out that topics like abortion rights, health care, and taxing the wealthy still hold significant appeal among the electorate. Additionally, some voters expressed concerns that Trump might overreach, particularly on trade tariffs, which could create openings for the Democratic Party to regain support.

The GBAO survey highlighted a disconnect between voter priorities and perceptions of Republican leadership. Two-thirds of respondents identified inflation as the most pressing issue for the incoming president to address. However, only one-third believed it was a priority for Trump or the Republican Party.

These findings underscore the complex challenges facing Democrats as they seek to rebuild. While some strategists argue that refining the party’s message could address voter concerns, others believe the problem may lie in deeper structural issues. The party’s inability to present itself as a champion of the working class and its perceived focus on elite and progressive causes have alienated many former supporters.

As Democrats face the reality of a second Trump presidency, their path forward remains uncertain. The focus group feedback suggests that reconnecting with disillusioned voters will require more than just adjusting campaign strategies. It may necessitate a fundamental reexamination of the party’s priorities, policies, and approach to governance.

Without a clear leader or cohesive strategy, Democrats risk further alienation from a voter base that increasingly views them as out of touch with the needs of everyday Americans. As one focus group participant summarized, the party must address perceptions of weakness and inaction to regain the trust of the electorate. Whether they can rise to the challenge remains to be seen.

Immigration Lawyers Urge Foreign Tech Workers to Return to the US Before Trump Administration Begins

Immigration lawyers in the United States are advising foreign workers in the tech industry on visas to return to the country before President-elect Donald Trump assumes office on January 20, 2025. This cautionary advice follows concerns that the incoming administration might implement executive orders to restrict access to various work visas, particularly those widely used in the technology sector.

The New York Post reports that Mr. Trump has also pledged to reinstate a ban on individuals from Muslim-majority countries entering the U.S., a controversial policy he attempted during his earlier tenure. In anticipation of these developments, legal experts are recommending swift action to avoid potential complications for foreign workers.

“Storm is coming. And this time, we know exactly what it’s going to bring,” said Jason Finkelman, an immigration lawyer based in Texas, while speaking to Business Insider.

Mr. Finkelman highlighted the potential for Mr. Trump to reintroduce travel bans, similar to the ones he proposed during his first term. “I think it’s possible that Trump may attempt to impose travel bans from certain countries just as he did when he initially tried to implement travel restrictions. While I think travel bans will likely face challenges in the courts, it may lead to issues of US employers being restricted from hiring and retaining the foreign talent they need for their operations,” he explained.

This sentiment is echoed by a California-based immigration lawyer who has also been urging her clients currently traveling overseas to return to the U.S. before the inauguration. She expressed concerns about the possibility of new restrictions and their impact on visa holders.

Another legal expert speculated on the potential expansion of the travel ban to include additional countries, raising the question of whether China might be added to the list. “The wildcard for me is what happens to China,” the lawyer told Business Insider, reflecting on the broader implications of such a policy shift.

Among the most significant uncertainties for foreign tech workers is the fate of the H-1B visa program under the Trump administration. The H-1B visa allows U.S. companies to hire skilled professionals from other countries for specialized roles requiring specific expertise. For many foreign nationals, this visa serves as the primary pathway to work in the United States on a long-term basis.

However, the H-1B visa program has faced criticism from various quarters. Critics argue that it enables companies to hire workers at lower wages while providing fewer protections compared to American employees. Such concerns have fueled debates over its economic and social impact.

During Mr. Trump’s previous tenure, there was a marked increase in the number of H-1B visa applications that were denied. Additionally, his administration issued the “Buy American and Hire American” executive order, which directed federal cabinet members to propose reforms ensuring that business visas were awarded only to the most skilled or highest-paid applicants. This move was framed as an effort to protect American workers and prioritize their employment opportunities.

Foreign workers and their employers are now bracing for a repeat of such policies, which could complicate hiring processes and disrupt ongoing projects in the technology sector. Many companies in the U.S. depend on foreign talent to meet their specialized workforce needs, making the H-1B visa a critical tool for their operations.

As legal experts warn of potential travel bans and visa restrictions, tech professionals are closely monitoring developments to understand how the new administration’s policies might affect their careers and residency status in the United States. With

uncertainty looming, the advice to return before January 20 aims to safeguard foreign workers from unexpected policy shifts under the Trump administration.

Why the US Government Faces Frequent Shutdowns

The United States government has experienced shutdowns ten times over the past four decades, a phenomenon rare in other nations, even during wars or constitutional crises. These shutdowns have become a uniquely American occurrence, tied to the country’s political structure and legislative gridlock.

For most nations, a government shutdown signals extreme turmoil—such as a revolution, invasion, or disaster. In the US, however, it has evolved into a bargaining tactic for political leaders, occurring with notable regularity. But why does this happen in the US when it is virtually unheard of elsewhere?

At the heart of the issue lies America’s federal system, which allows different political parties to control different branches of government. This system, crafted by the nation’s founders, was designed to foster compromise and thoughtful deliberation. Unfortunately, in recent decades, it has often achieved the opposite, fueling division and dysfunction.

This situation traces back to a 1980 decision under President Jimmy Carter’s administration. The attorney general at the time issued a strict interpretation of the 1884 Anti-Deficiency Act, a 19th-century law that prohibits the government from committing to expenditures without congressional approval. Historically, the government permitted essential spending to continue during budget gaps. However, the 1980 ruling enforced a stricter policy: no approved budget, no spending.

This interpretation sets the US apart from other non-parliamentary democracies, such as Brazil. In Brazil, a strong executive branch ensures that government operations continue during a budget impasse, avoiding the shutdown scenarios seen in the US.

The first US government shutdown occurred in 1981 when President Ronald Reagan vetoed a funding bill, resulting in a brief halt in services. Since then, at least ten shutdowns have taken place, ranging from less than a day to over a month. The most prolonged shutdown occurred from December 21, 2018, to January 25, 2019.

What Happens During a Shutdown?

During a shutdown, certain critical services, such as Social Security and military operations, continue. However, hundreds of thousands of federal employees are left unpaid. The White House estimated that during the 2018-2019 shutdown, the US economy lost 0.1 percentage points in GDP growth for each week that salaries went unpaid.

In stark contrast, other countries have mechanisms that prevent such shutdowns. Most European democracies operate under parliamentary systems, ensuring that the executive and legislative branches are controlled by the same party or coalition. If a parliament rejects a budget proposed by the government, it typically triggers new elections rather than halting services like national parks, tax refunds, or food assistance programs.

Canada offers an example of this system in action. In 2011, opposition parties in Canada’s parliament rejected the budget proposed by then-Prime Minister Stephen Harper’s Conservative Party, which held a minority of seats. The House of Commons subsequently passed a motion of no confidence, forcing an election. Despite the political crisis, government services continued without interruption.

Even Belgium, which went without an elected government for a record 589 days between 2010 and 2011, maintained essential public services, including its train system.

Similarly, Ireland operated smoothly from 2016 to 2020 under a minority government using a confidence-and-supply arrangement. This setup involves opposition parties agreeing to support critical spending bills and votes of confidence, ensuring stability despite political disagreements.

A Unique Challenge in the US

In the US, such cooperation has grown increasingly rare. Political parties are often willing to use the functioning of government as leverage to extract concessions from their opponents. The resulting gridlock has made shutdowns a recurring issue.

Government funding has been temporarily extended multiple times since last autumn, following political turbulence that included the ousting of Republican Speaker Kevin McCarthy and his replacement by current Speaker Mike Johnson. These stopgap measures were passed through bipartisan efforts, temporarily avoiding shutdowns.

However, with President-elect Donald Trump and tech mogul Elon Musk opposing a short-term funding bill that would extend government operations through March 14, the current budget is set to expire at 12:01 a.m. local time on Saturday. This raises the likelihood of an eleventh government shutdown.

As political divisions deepen, the US faces recurring brinkmanship over funding, with potentially significant consequences for government workers and the broader economy.

Immigration Fuels U.S. Population Growth to 23-Year High in 2024

The U.S. population grew at its fastest pace in 23 years during 2024, surpassing 340 million residents, the U.S. Census Bureau reported on Thursday. With a growth rate of 1%, this year marked a significant rise compared to the record low of 0.2% recorded in 2021, when pandemic-related travel restrictions curbed immigration.

Immigration played a pivotal role in this demographic surge, adding nearly 2.8 million people to the population. A new method of counting individuals admitted for humanitarian reasons contributed to this increase. Net international migration accounted for 84% of the 3.3 million-person population rise between 2023 and 2024.

Births continued to outnumber deaths, with 519,000 more births than deaths recorded between 2023 and 2024. This figure represented an improvement from the historic low of 146,000 in 2021 but remained below the peaks observed in previous decades.

Immigration also significantly impacted population trends in individual states. In 16 states, population growth driven by immigration offset losses caused by residents moving to other states or deaths surpassing births. William Frey, a demographer at The Brookings Institution, emphasized this in an email, stating, “While some of the surge may be attributed to border crossings of asylees and humanitarian migrants in an unusual year, these numbers also show how immigration can be an important contributor to population gains in a large swath of the nation that would otherwise be experiencing slow growth or declines.”

The South continued its trend as the fastest-growing region in the United States, adding 1.8 million new residents in 2024—more than the combined total of all other regions. Texas led the nation with 562,941 new residents, followed by Florida, which gained 467,347 residents. The District of Columbia recorded the highest growth rate at 2.2%.

While most states experienced growth, three—Mississippi, Vermont, and West Virginia—saw slight population declines, losing between 127 and 516 residents.

The movement of residents from coastal urban states like California and New York to Sunbelt states such as Florida and Texas, a trend accelerated during the pandemic, showed signs of slowing in 2024, according to Frey. However, the broader demographic shift of population concentration moving south has continued, representing a dramatic change in the settlement patterns of the United States. Alex Zakrewsky, an urban planner in New Jersey, described this phenomenon as “a demographic shock to the evolving settlement pattern of the United States.”

A significant portion of international migration figures came from individuals entering the U.S. through humanitarian parole, a policy granting temporary entry to those unable to use standard immigration channels. The Migration Policy Institute noted that over 5.8 million individuals had been admitted under various humanitarian policies between 2021 and 2024.

Accurately estimating the number of new immigrants remains one of the most challenging aspects of the Census Bureau’s population calculations. While this year’s revised methodology was unrelated to political shifts, it comes just a month before President-elect Donald Trump’s return to the White House. Trump has pledged to carry out mass deportations of undocumented individuals in the U.S.

Discrepancies in immigration figures have been notable in recent years. For instance, the Census Bureau estimated 1.1 million immigrants entered the U.S. in 2023, compared to the Congressional Budget Office’s estimate of 3.3 million. With the updated methodology, the Census Bureau recalculated 2023 immigration figures at nearly 2.3 million, adding an extra 1.1 million to previous estimates.

The previous undercounting stemmed from the bureau’s reliance on surveys of households with established addresses, which often excluded immigrants admitted for humanitarian reasons. Jennifer Van Hook, a demographer at Penn State who contributed to the Census Bureau’s methodological changes, explained, “What has happened over time is that immigration has changed. You have numbers of people coming in who are claiming asylum and being processed at the U.S.-Mexico border from across the globe.”

The Census Bureau’s annual population estimates provide critical data between the decennial census counts. These figures not only track population trends across the U.S., its states, counties, and metro areas but also serve as the basis for distributing trillions of dollars in federal funding.

Congress Faces Urgent Deadline to Avert Partial Government Shutdown Amidst Debt Ceiling Debate

The U.S. Congress has a mere two days to avoid a partial government shutdown, following President-elect Donald Trump’s rejection of a bipartisan deal on Wednesday. Trump has demanded lawmakers not only pass a funding extension but also address the nation’s debt ceiling before he assumes office next month.

Trump urged his Republican colleagues to oppose a stopgap bill that would extend government funding past the deadline of midnight on Friday. Without congressional action, a partial shutdown is set to commence on Saturday, affecting key services such as air travel and law enforcement during the crucial days leading up to Christmas.

The proposed bipartisan agreement, negotiated on Tuesday, aimed to maintain funding through March 14. However, Trump warned Republicans of political repercussions if they supported the deal. “Any Republican that would be so stupid as to do this should, and will, be Primaried,” Trump stated on his Truth Social platform, referencing the possibility of intra-party challenges during primary elections.

If a shutdown occurs, it will be the first since the 2018-2019 closure, which also took place during Trump’s presidency.

Trump has called for Congress to pass legislation addressing multiple issues, including raising the government’s borrowing limit, a contentious matter, and enacting temporary funding measures. Additionally, he insisted on removing certain provisions in the current deal supported by Democrats, whose cooperation is essential for the bill’s passage.

Trump’s ally, Elon Musk, further complicated negotiations by urging Congress to reject the bill. Musk, who has been enlisted by Trump to scrutinize federal spending, argued that lawmakers supporting the measure should face electoral consequences.

Late-Night Negotiations Continue

Top Republican leaders, including Vice President-elect JD Vance and House Speaker Mike Johnson, met late Wednesday to discuss the looming crisis. Following the meeting, Johnson described the discussions as a “productive conversation” but declined to provide specifics.

House Republican leader Steve Scalise was noncommittal when asked whether raising the debt ceiling would be part of the final agreement, saying, “We’re not there yet.” Similarly, House Appropriations Committee Chair Tom Cole expressed uncertainty, stating, “I’m not confident of anything.”

Unclear Path Forward

The path to resolving the crisis remains uncertain. Any spending bill will require bipartisan support to pass through the House, where Republicans hold a slim 219-211 majority, and the Senate, where Democrats maintain a narrow edge.

President Joe Biden’s White House, which remains in power until Trump’s inauguration on January 20, criticized Republican tactics, stating that “Republicans need to stop playing politics” and warning that a shutdown would be detrimental to the country.

The current stopgap measure seeks to fund federal agencies at existing levels while allocating $100 billion for disaster relief and $10 billion for farm aid. It also includes unrelated items such as a pay raise for lawmakers and new rules targeting hidden hotel fees.

Trump has opposed these additional provisions, arguing that the bill should focus solely on temporary funding, disaster relief, and raising the debt ceiling. He emphasized the urgency of addressing the debt ceiling now to avoid a fiscal showdown next year.

The stopgap bill has become necessary because Congress has failed to approve standard spending legislation for the fiscal year, which began on October 1. Essential programs like Social Security are unaffected, as they operate independently of annual appropriations.

Mounting Debt and Economic Risks

For more than two decades, the U.S. government has spent beyond its revenues, driven by Democratic expansions of healthcare programs and Republican tax cuts. The national debt now stands at $36 trillion, necessitating an eventual increase in the debt ceiling.

Lawmakers face a choice: raise the borrowing limit now or when the government reaches its borrowing capacity next year. Failure to act could lead to severe economic repercussions. As discussions drag on, the stakes for Congress, the incoming administration, and the nation remain high.

Trump Names Loyal Allies to Key Positions in His Administration

President-elect Donald Trump is selecting a group of loyal allies for key federal government roles after their electoral defeats in recent years, often linked to their support for Trump’s controversial political claims. These selections highlight Trump’s enduring focus on loyalty and his tendency to reward those who have steadfastly supported him, even if their political races ended in defeat.

Among the notable picks are two former Georgia senators who lost their 2020 Senate races after promoting Trump’s unfounded claims of a stolen election. David Perdue, who also lost the 2022 gubernatorial primary while aligning himself with Trump’s election denial narrative, is being considered for the position of ambassador to China. Kelly Loeffler, who also lost her Senate seat in 2020, has been chosen to head the Small Business Administration.

Former football player Herschel Walker, whom Trump backed for the Georgia Senate seat in 2022, was appointed late Tuesday as ambassador to the Bahamas. Although Walker lost his Senate bid, he remains a strong Trump supporter.

Dr. Mehmet Oz, the TV personality and doctor who ran for Senate in Pennsylvania in 2022 with Trump’s endorsement, has been selected to lead the Centers for Medicare and Medicaid Services. Similarly, Kari Lake, who lost races for governor in Arizona in 2022 and for Senate in 2024, has been chosen to run Voice of America, a U.S.-funded international news broadcaster.

Rep. Lori Chavez-DeRemer from Oregon, who lost re-election after being tied to Trump by her Democratic opponent, was selected for the position of labor secretary. Former Georgia congressman Doug Collins, a pro-Trump figure who lost a 2020 primary to Loeffler, is set to head the Department of Veterans Affairs. Former New York congressman Lee Zeldin, who lost his 2022 gubernatorial race, was picked to lead the Environmental Protection Agency.

For Trump, the central consideration behind these picks is loyalty. He has long placed great value on those who remain loyal to him, a trait that is evident in his choices for his second administration. Trump’s inner circle is unsurprised by these appointments. “He values loyalty, hard stop. At times, beyond all else. We were not surprised by anyone you mentioned was picked,” said a Trump ally familiar with the transition process. “They are not only qualified for the positions they are nominated for, but have shown great loyalty to President Trump. He’s trying to change Washington and wants people who he knows he can trust.”

Rep. Eric Swalwell of California critiqued Trump’s selections, arguing that the president-elect was rewarding loyalists and sending a message to Republicans: “Don’t cross me if you’re in Congress. Because he remembers.” However, Swalwell questioned whether Trump’s picks were the most qualified. “I don’t know why you’d want a Cabinet full of electoral losers,” he said in an interview.

Rep. Hillary Scholten from Michigan echoed concerns about competence, emphasizing that it’s essential to prioritize the most qualified individuals for these critical roles. “I cannot begin to get in the mind of Trump, but it certainly seems from the outside that this is a way to keep people who were close to him, who took a stand for him, within the inner circle,” Scholten said. “I’m glad that we have a vetting process in the Senate, because these are positions of incredible trust, and we need to make sure that we’re not only rewarding political loyalty here… We need the most competent person for the job in these roles.”

Senator John Cornyn of Texas defended Trump’s choices, expressing confidence in the talents of the nominees. “I’m glad he’s taking advantage of some of the talent that’s out there,” Cornyn said. “And so I’m encouraged by that.”

Trump’s strategy of elevating loyalists has, however, meant that those who challenged him have been sidelined. Notably, figures like Nikki Haley, the former South Carolina governor and U.N. ambassador, and Mike Pompeo, Trump’s former secretary of state, have been excluded. Haley, who ran against Trump for the Republican presidential nomination, and Pompeo, who is seen as disloyal by some in the MAGA movement, were both bypassed in favor of those who remained faithful to Trump’s brand of politics.

“I will not be inviting former Ambassador Nikki Haley, or former Secretary of State Mike Pompeo, to join the Trump Administration, which is currently in formation,” Trump declared on his social media platform following the election.

For Trump’s loyalists, their dedication to his cause has helped them secure prominent positions. Kari Lake, for instance, has been a vocal promoter of Trump’s false claims about the 2020 election, and she has remained a frequent presence at Mar-a-Lago during the 2024 election period. Her continued allegiance to Trump, however, has at times led to friction with some of his advisers. “At the end of the day, those are not the sort of things that will end a relationship with Trump,” said a Trump ally in response to reports that Trump encouraged Lake to focus more on campaigning for her Senate race instead of staying at Mar-a-Lago.

Trump’s approach to political loyalty has also been a means for former political foes to regain favor with him. One such example is Sen. Marco Rubio of Florida, who after a bitter primary contest with Trump in 2016, recalibrated to become one of Trump’s staunchest allies. This shift in allegiance has earned him a key position in Trump’s second administration. “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 in announcing Rubio as his pick for secretary of state in November.

Lee Zeldin, who came within seven points of winning the New York governor’s race in 2022, stands out among the group of underperforming Republican nominees. His relatively strong performance in a heavily Democratic state has earned him a spot in Trump’s administration, signaling that political success, even if not entirely victorious, can still earn favor in Trump’s eyes.

Some of Trump’s appointments also appear to be more transactional in nature, such as his selection of Robert F. Kennedy Jr. to lead the Department of Health and Human Services. Kennedy, a member of the prominent Democratic family who ran in the Democratic 2024 primary before endorsing Trump, is another example of Trump’s pragmatic approach.

“There is very little that someone can do to Trump, even if they were once political enemies, that can’t be fixed by showing that you are committed to his message and his movement,” said a Trump ally. “I think he has every right to expect that sort of loyalty for those around him.”

In sum, Trump’s cabinet selections reveal a clear pattern of prioritizing loyalty over other factors, including electoral success or political competence. His picks not only reinforce his influence within the Republican Party but also send a message that loyalty is the most crucial element in his approach to governance. As his second term in office begins to take shape, it remains to be seen whether these picks will prove effective in their respective roles, or whether they will further alienate critics who argue that competence should come first.

Dow Jones Slumps to Longest Losing Streak Since 1978 Despite Strong Year-to-Date Gains

The U.S.’ Dow Jones Industrial Average has entered its longest losing streak since 1978, raising concerns among investors amid an otherwise positive year for stocks. Tuesday’s drop was largely attributed to UnitedHealth Group’s poor performance, though the index continues to show robust long-term gains.

The Dow Jones fell 270 points, or 0.6%, on Tuesday, marking the ninth straight trading day in the red—a stretch that began on December 5. According to FactSet, this is the first time since February 1978 that the Dow has experienced such a prolonged decline. Back in 1978, the index was trading at about 750 points, less than 2% of today’s level, which exceeds 43,000.

During this nine-day losing streak, the Dow has dropped 3.5%, translating to a loss of 1,560 points. UnitedHealth Group, a major healthcare insurance stock, was Tuesday’s worst performer among the Dow’s 30 constituents, falling $13 or 2.6% to hit its lowest level in six months. Other notable companies experiencing losses included banking giant Goldman Sachs and artificial intelligence leader Nvidia, both of which fell by at least 1%.

The spotlight on UnitedHealth’s struggles is not new. As the Dow’s worst performer during this losing streak, UnitedHealth’s stock has plummeted 21% over nine days. This decline is nearly double that of the next-worst performer, Nvidia, which dropped 11%. Other companies such as Goldman Sachs, Home Depot, Sherwin-Williams, and Chevron have also seen declines of at least 4% during this period.

UnitedHealth’s challenges are tied to multiple factors, including concerns over how policies from President-elect Donald Trump and his nominee for Health and Human Services secretary, Robert F. Kennedy Jr., may impact the healthcare industry. Additionally, the stock has faced backlash following the fatal shooting of Brian Thompson, the chief executive of UnitedHealth’s insurance subsidiary. CNBC reports that UnitedHealth’s stock accounted for about 40% of the Dow’s decline in December through Monday.

Since its inception in 1928, the Dow has served as a key barometer of the performance of 30 leading American companies from various industries. However, it differs from other indexes, such as the S&P 500 and Nasdaq, as it calculates its performance based on a stock’s share price rather than the company’s market capitalization. This methodology gives outsized influence to higher-priced stocks. For example, Goldman Sachs and UnitedHealth, despite ranking as the 47th- and 17th-largest American companies by market cap, respectively, are the two most heavily weighted stocks in the Dow. This can lead to discrepancies between the Dow and market cap-weighted indexes like the S&P 500.

Despite the current losing streak, the Dow remains up more than 18% year-to-date, factoring in reinvested dividends, and is trading within 4% of its all-time high reached just before this downturn began. Since Election Day, the index has gained nearly 3%. Furthermore, while December has brought a 2.7% loss for the Dow, such monthly declines are not uncommon. Over the past three years, the index has experienced 11 months with larger losses.

In conclusion, the Dow’s ongoing slide, fueled in part by UnitedHealth’s sharp decline, highlights vulnerabilities in the healthcare sector and broader market sentiment. Nevertheless, the index’s solid performance over the year underscores its resilience amid short-term fluctuations. As investors digest these developments, many will keep an eye on broader trends and potential policy shifts that could impact key sectors in the future.

Trump Vows to Eliminate Daylight Saving Time: Winners and Losers of the Shift

Like many Americans, Donald Trump has expressed his dislike for the practice of switching clocks forward in March and back in November for daylight saving time. Last Friday, the former president pledged to put an end to this longstanding practice.

In a post on his social media platform, Truth Social, Trump wrote, “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation.”

Initially introduced during both World Wars as a measure to save energy, daylight saving time has become a subject of contention in recent years. While it promises an extra hour of evening sunlight, studies have raised questions about whether the benefits outweigh the disruptions. Changing the clocks is a source of frustration for many, and earlier this month, Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy, who are part of Trump’s semi-official Department of Government Efficiency, also criticized the practice.

It remains unclear whether Trump supports making daylight saving time permanent—leading to longer afternoons—or reverting to standard time year-round, which would ensure brighter mornings. Trump’s team declined to comment on the matter. In 2022, Florida Senator Marco Rubio, whom Trump has nominated to lead the State Department, co-sponsored the Sunshine Protection Act. This bipartisan bill, now stalled, proposed making daylight saving time permanent. On the other hand, most health experts advocate for staying on standard time due to its alignment with natural body rhythms.

Ending clock changes would have far-reaching implications, with economic consequences for several sectors. If the proposal to remain on permanent daylight saving time gains traction, there will be distinct winners and losers.

Winners

Tourism

One of the biggest beneficiaries of permanent daylight saving time would be the tourism industry. Longer afternoon and evening daylight hours encourage more visitors to outdoor attractions and landmarks. Kurt Janson, policy director of the U.K.’s Tourism Alliance, estimated in 2011 that Britain’s tourism sector could gain an additional £3.5 billion (around $5.6 billion at the time) annually if daylight saving time were made permanent. “In a nutshell, it would extend the spring and fall shoulder seasons for the tourism industry,” Janson told National Geographic.

Retail

Retailers would also stand to gain from permanent daylight saving time. Extended daylight hours encourage shoppers to spend more, particularly during the evening. Two years ago, an industry representative told a House committee that daylight saving time contributed to increased consumer spending. Similarly, a 2016 JPMorgan Chase Institute study revealed that consumer spending dropped by 2.2% to 4.9% in various cities following the return to standard time.

The Stock Market

Interestingly, the stock market also seems to fare better during daylight saving time. Between 2007 and 2022, the S&P 500 recorded an average gain of 7.5% during daylight saving months, compared to just 2% during the rest of the year, according to Bespoke Investment Group. While correlation does not imply causation, it appears that Wall Street traders—like many Americans—dislike losing an hour of sleep in March. A study conducted by researchers from several business schools, including Kentucky and Emory, found that participants in capital markets were slower to react to earnings news during the week after clocks “spring forward.”

Losers

Your Health

Health experts overwhelmingly favor standard time over daylight saving time, citing its better alignment with the body’s circadian rhythm. The American Medical Association and the American Academy of Sleep Medicine both argue that standard time is healthier. Research published in the British Medical Journal highlights a range of health risks linked to daylight saving time, including increased rates of heart attacks, strokes, and other medical conditions.

A recent analysis by Chmura Economics & Analytics estimated the annual economic cost of daylight saving time at $672 million. This figure includes $375 million attributed to higher rates of heart attacks, $252 million linked to strokes, $18 million from workplace injuries, and $27 million due to a rise in traffic accidents.

Morning Commuters

Making daylight saving time permanent has historical precedent—and mixed results. In December 1973, President Nixon signed a law to implement permanent daylight saving time during the oil crisis. However, the change quickly became unpopular during the dark winter months. Americans disliked commuting and sending children to school before sunrise, and the problem gained national attention when incidents of schoolchildren being hit by vehicles were reported. In Florida alone, eight children died, prompting then-Governor Reubin Askew to urge Congress to reverse the measure.

By October 1974, President Gerald Ford signed legislation to reinstate standard time for four months each year. If daylight saving time were made permanent again, similar objections could arise from parents, commuters, and others, particularly in regions located on the western edges of time zones where sunrise would be significantly delayed.

As Trump continues to advocate for eliminating daylight saving time, the debate highlights the complexities and trade-offs involved in changing how the nation observes time. Whether his pledge materializes into a legislative proposal or remains a talking point, the potential winners and losers are clear.

Biden Administration Revises H-1B Visa Rules to Support Skilled Foreign Workers and Businesses

A month before leaving office, the Biden administration announced new rules for H-1B visas designed to simplify the hiring process for skilled foreign workers by American businesses and facilitate a smoother transition for international students on F-1 visas seeking employment in the U.S. The changes, unveiled by the Department of Homeland Security (DHS) on Tuesday, aim to modernize the H-1B visa program, enhance flexibility, and ensure competitiveness in the global economy.

The updated regulations redefine the criteria for “special positions” and expand the scope for nonprofit and governmental research organizations to qualify for exemptions from the annual cap on H-1B visas. These modifications aim to address labor demands and help American businesses remain competitive internationally. An official release emphasized, “The changes will help U.S. employers hire as per their business needs and remain competitive in the global marketplace.”

Donald Trump is set to be inaugurated as the next president of the United States on January 20, 2025. Meanwhile, the outgoing Biden administration has been making efforts to secure its legacy with progressive measures like the H-1B visa reforms.

According to the DHS, the rule introduces significant benefits for students on F-1 visas transitioning to H-1B status. It minimizes disruptions to their lawful status and ensures uninterrupted employment authorization. This change is expected to provide greater stability for international students who aim to join the U.S. workforce.

Another notable update includes streamlined processing for individuals who have previously been approved for an H-1B visa. This provision is expected to save time and reduce administrative delays, allowing businesses to access the talent they need more efficiently.

The reforms also address a critical issue for H-1B visa holders who have a controlling interest in the petitioning organization. Under reasonable conditions, such individuals can now qualify for H-1B status, providing more opportunities for entrepreneurial immigrants who contribute to U.S. innovation.

These updates are a continuation of the Biden administration’s efforts to meet the labor requirements of American businesses while ensuring compliance with worker protection laws. The administration’s approach is focused on reducing the burden on employers and fostering a balanced system that protects both U.S. workers and foreign employees.

“American businesses rely on the H-1B visa programme for the recruitment of highly-skilled talent, benefiting communities across the country,” remarked Secretary of Homeland Security Alejandro N. Mayorkas. He further added, “These improvements to the programme provide employers with greater flexibility to hire global talent, boost our economic competitiveness, and allow highly skilled workers to continue to advance American innovation.”

USCIS Director Ur M. Jaddou also endorsed the reforms, stating, “The H-1B programme was created by Congress in 1990, and there’s no question it needed to be modernised to support our nation’s growing economy.” He explained that the changes are aimed at enabling U.S. employers to hire the skilled workers required to drive growth and innovation while safeguarding the program’s integrity.

To strengthen the program’s reliability, the DHS clarified that employers must demonstrate the existence of a bona fide position in a specialty occupation available for the worker on the requested start date. Additionally, the updated regulations codify the USCIS’s authority to conduct inspections, impose penalties for non-compliance, and ensure that labor condition applications align properly with H-1B petitions.

Other compliance measures include a requirement for petitioners to have a legal presence in the United States and be subject to its legal jurisdiction. These provisions aim to reduce fraudulent activities and ensure that employers adhere to established legal standards.

To facilitate the implementation of these changes, a new edition of Form I-129, Petition for a Nonimmigrant Worker, will be introduced. Starting January 17, 2025, all H-1B petitions must use this updated form.

The Biden administration’s proactive measures underscore its commitment to adapting the H-1B visa program to contemporary economic needs. By modernizing the framework, the changes aim to create a system that benefits both U.S. employers and global talent. As Secretary Mayorkas highlighted, “These reforms will enhance the program’s flexibility, support economic competitiveness, and further American innovation.”

Pressure Mounts on Justin Trudeau to Resign Amid Growing Political Turmoil

Canadian Prime Minister Justin Trudeau is facing mounting pressure from within his Liberal Party to step down after nearly a decade in office. The calls for his resignation intensified following the abrupt departure of a key minister, who criticized Trudeau’s handling of the budget and economic challenges. Once celebrated for his leadership, Trudeau’s popularity has waned due to a range of issues, including the soaring cost of living and persistent inflation.

Currently, the Liberal Party lacks a mechanism to immediately force Trudeau out. His potential departure could arise through either a voluntary resignation or a “no confidence” vote in Parliament, which would likely trigger an election favoring the opposition Conservative Party. However, if his government manages to survive such a vote, Trudeau could remain in office until the next scheduled election.

As more Liberal lawmakers openly questioned Trudeau’s leadership, Jonathan Wilkinson, Canada’s minister of natural resources, called for patience. “We all need to give him a little time to reflect,” Wilkinson stated.

The Possibility of Trudeau Resigning

Political analysts consider Trudeau’s resignation a likely outcome. If he steps down, the Liberals would need to appoint an interim prime minister to lead until elections are held. However, no clear frontrunner has emerged for the interim role.

In the longer term, one of the potential candidates to succeed Trudeau is Mark Carney, the former head of the Bank of Canada and later the Bank of England. Carney has expressed interest in entering politics and has long been viewed as a prime ministerial contender. Another possibility is Dominic LeBlanc, the newly appointed finance minister and a close ally of Trudeau. LeBlanc, a former public safety minister, recently accompanied Trudeau to a dinner with U.S. President-elect Donald Trump at Mar-a-Lago.

The turmoil within Trudeau’s government escalated after Chrystia Freeland, the former finance minister, resigned from his Cabinet. Freeland criticized Trudeau’s handling of economic issues, particularly in light of the steep tariffs threatened by Trump. Her departure followed the resignation of the housing minister, further amplifying concerns about the government’s stability.

Canadian historian Robert Bothwell suggested that Trudeau’s resignation might be inevitable if additional ministers leave. “My guess is that if another minister or two goes, he’s toast,” Bothwell remarked.

Parliament’s Role in Trudeau’s Future

Unhappy voters and fracturing alliances in Parliament could spell trouble for Trudeau’s government. The Liberal Party’s reliance on the left-leaning New Democratic Party (NDP) for support has become precarious, as the NDP’s leader has also called for Trudeau’s resignation. This shift opens the door for a potential “no confidence” vote in Parliament.

If a majority in Parliament votes against the Liberal government, a new election would be triggered. Bothwell predicted that such an outcome would decisively end Trudeau’s political career. “He would then be erased in the election,” he said.

The possibility of a “no confidence” vote could arise soon after Parliament reconvenes in late January, following the holiday recess. However, the Liberal Party might use procedural tactics to delay the vote for several months, noted Nelson Wiseman, professor emeritus at the University of Toronto.

The opposition Conservative Party, which holds a commanding lead in the polls, has refrained from explicitly demanding Trudeau’s resignation. Recent polling by Nanos indicates that the Conservatives have the support of 43% of voters compared to 23% for the Liberals, suggesting a strong likelihood of a Conservative majority in a potential election.

Trudeau’s Attempt to Retain Power

Despite the growing discontent, Trudeau could attempt to hold onto power. While many within his party are urging him to step down, he retains some support among loyalists. Liberal lawmaker James Maloney defended Trudeau, saying he still has the backing of the party’s base in Parliament.

“Like most families, sometimes we have fights around the holidays. But of course, like most families, we find our way through it,” Trudeau said in an address to party members. “I love this country. I deeply love this party. I love you guys.”

Should Trudeau’s government survive no confidence votes in the coming months—an increasingly unlikely scenario—the next federal election would be held no later than October 20. However, Wiseman speculated that an election could occur much earlier. “I expect an election in late spring, unless Trudeau decides to dissolve Parliament and dives into an election before then,” he said.

With their grip on power slipping, the Liberals are now aiming to limit the damage in the next election. Experts suggest their best-case scenario would be to hold the Conservatives to a minority government, forcing them to rely on other parties to pass legislation.

As political and public pressure mounts, the path forward for Trudeau and the Liberal Party grows increasingly uncertain. The coming weeks will likely determine whether Trudeau’s leadership survives or whether Canada enters a new chapter of political change.

President of India to Inaugurate Dr. Sampat Kumar S. Shivangi Cancer Hospital in Karnataka

“Honorable President of India, Droupadi Muramu has accepted the invitation and will inaugurate the newly built Dr. Sampat Kumar S. Shivangi Cancer Hospital on December 30th, 2024 in Belgagavi, Karnataka,” Dr. Sampat Shivangi, who has donated his family fortunes to build this much needed, state of the art hospital in a rural region in the state of Karnataka, announced here today.

Shivangi 1Dr. Sampat Shivangi is a distinguished Indian American physician, philanthropist, and community leader with a profound impact on healthcare, education, and cultural preservation across India and the United States.

In addition to establishing the Dr. Sampat Kumar S. Shivangi Cancer Hospital in Karnataka, through the Dr. Sampat Shivangi Foundation, Dr. Shivangi has established multiple charitable institutions in India, including primary and middle schools, community halls, and healthcare facilities, greatly enhancing educational and healthcare access for underserved communities.

In the U.S., Dr. Shivangi has contributed to establishing a Hindu temple in Jackson, Mississippi, providing a culturalShivangi 2 and spiritual hub for the Hindu community and beyond. Recognized for his exemplary service, a street in Mississippi bears his name, a testament to his contributions to healthcare and community welfare.

“Having lived in India for three decades, in not so privileged and progressive parts of the world, it always touched my heart and Atma why so and why not we all have equal playing field on earth,’ Dr. Shivangi says, when asked about what led him to his decision to donate his money, time, efforts and skills.

“During my years in hospitals as a student, resident and staff, I was devastated. I had a great desire to do something that helps people, including for the need to establish a cancer hospital in my native town, where people have to travel hundreds of miles away for such a treatment and possibly could not afford the travel, stay, or medical expenses.”

Shivangi 3It took him lots of reflection, planning, and working with multiple groups before this noble project conceived in his heart several years ago, has now come to fulfillment. “Believe me, I went to my hometown in Karnataka to set up a Cancer Hospital. I had even formed a committee and raised funds. Made several trips to India and struggled to do something good, but returned home empty-handed.”

His efforts and love to give back to his motherland came to fruition when he saw “an opportunity in my district to establish a world-class facility. I did not want to let it go. After several trips to India and collaborating with the local authorities, I am excited that Dr. Sampat Kumar S Shivanagi Cancer Hospital has become a reality. What an honor, the President of India will be inaugurating my dream facility, a most memorable and modern hospital in Belgaum, my home district and at the medical college, where I was an Assistant Professor.”

Over the years, in the pursuit of its vision, the Dr. Sampat Shivangi Foundation has come to be known for its beliefShivangi 4 and tireless efforts that every individual deserves an opportunity to thrive, and is a beacon of hope, fostering resilience and building a more inclusive and harmonious world for all.

Describing the goals of the Cancer Hospital and the Charitable Foundation, Dr. Shivangi, a soft-spoken physician says, “The Charitable Foundation was set up several years ago to establish, promote, and provide the needy and the downtrodden fellow human beings with opportunities to access quality education, promote mental health awareness, ensure healthcare equity, support tribal communities in their holistic development, empower women to break barriers, and leverage sports as a catalyst for positive change.”

Shivangi 5At the heart of societal transformation, the Dr. Sampat Shivangi Foundation stands as a testament to unwavering commitment and compassion. The foundation is built upon the pillars of education, healthcare, mental well-being, tribal support, women’s empowerment, and sports development. With a profound understanding of the multifaceted needs of underprivileged communities, we have designed a range of initiatives that address these vital aspects of human well-being.

As the first Indian American to serve on the Board of the Mississippi State Department of Mental Health, Dr. Shivangi has made significant strides in mental health advocacy. His leadership extends to national positions, serving on the National Board of Directors for the Substance Abuse and Mental Health Services Administration (SAMHSA), appointed by Presidents Donald Trump and Joe Biden.

A dedicated advocate for Indo-U.S. relations, Dr. Shivangi has contributed to key initiatives, including the Indo-U.S.Shivangi 6 Civil Nuclear Agreement, collaborating with President George W. Bush to strengthen ties between the two nations. His commitment to India is further reflected in his coordination efforts with the White House to lift sanctions against India during President Bill Clinton’s administration.

Dr. Shivangi says, he always thought about why, the Indian Americans especially, the Physician fraternity, consisting of more than 100,000 physicians in the United States are not willing to undertake philanthropy in their homeland or in USA. My hope and prayers is that, many more will follow me just as my dream has come true today. I urge my fellow Indo-American physicians to join this movement and help change the world for the better. My humble request is that let us be the change, and bring this movement to make our world different tomorrow.  I hope my prayers will be answered one day and all humanity lives in a better world.”

Dr. Shivangi is married to Dr. Udaya S. Shivangi, MD, and the couple are blessed with two daughters: Priya S. Shivangi, MS (NYU); and Pooja S. Shivangi, who is an Attorney at Law.

A recipient of numerous awards,  including the Pravasi Bharatiya Samman Award, The US Congressional Recognition Award, and the Ellis Medal of Honor Award, Dr. Shivangi’s legacy reflects a lifelong dedication to improving lives through healthcare, philanthropy, and international diplomacy.

Laurels From Community Leaders from Around the World

  • Hello Dr. Shivangi: This is very good news. Definitely i will come sir. You are a true inspiration sir just like Abdul Kalam. Born in a small rural place and making it big in a country like USA. It is truly an inspiration. Wishing you more success, happiness and good health. — BS Raju BJP VP Bangalore.
  • Sampat, you are one of those extraordinary persons. 👍 Your dedication, philanthropy and work is commendable 👍👍👍 congratulations and Wish you all the best.
  • Congratulations dear Sampat, this is a tremendous honor and you are so deserving – your boundless service to humanity is being recognized at the highest levels.  Awesome n Congratulations, Sampath ji. Your service to Bharat is appreciated.
  • Wow!!!!!!!! Simply outstanding Dr. Shivangi!!! The hospital is a true achievement Dr. Shivangi and what a great honor it will be to have President of India inaugurate the hospital. You are truly remarkable and a role model Dr. Shivangi.
  • Great effort, dedication and service to both countries. Congratulations Sampat. You have been a creative hard worker all the time. Wish you all the best. If you are in India please visit BAKI SITE (Boodevi Aadyatmika Kendra of India), in Hallegere, MANDYA taluk, Karnataka. – Father of Dr. Vivek Murthy Surgeon General of the United States.
  • Wow this is A Great News we are so fortunate to know you and have you in our Community — Sudhir Bhat
  • That’s so awesome, you’re very deserving of this and it’s such a great honor. Extremely proud of you and your many accomplishments.  Thankful for your continued friendship.. — Charlie Spearman, Director of Mental Health
  • Congratulations Sampat ji. You are our Pride. — Dr. Raj Bansal Tampa Fl
  • Congratulations dear Sampat. This is a tremendous honor and you are so deserving – your boundless service to humanity is being recognized at the highest levels. This is wonderful sewa to community and great to hear Hon. President is coming to inaugurate. — Khanderao Kand Fiids Chair
  • Kudos to you for your charitable work for people of India! God Bless you & Udaya! — Dr. Bharat Barai Indianapolis
  • Congratulations, Sampat great honorable contribution to humanity. — Dr. Radhu Aggarawal, past AAPI BOT chairman and President Obama Appointee in the state of Pennsylvania
  • . your achievements as I have said before.. are exceptional .. make you both as role models — Dr. Ravi Jahagiradar, Past AAPI president.
  • That’s incredible, my friend! — Shad White, State of Mississippi Auditor
  • Thank u and will work on them. Hearty congratulations again. You are role model and inspiration for us.❤️ — Dr. Anu Bhat, President Navika
  • Sir you are really doing great service to India. I am happy that government of India at highest level has recognized your services. Congratulations. Are you considering offers for ambassadorship? – Madankumar
  • I am proud of u, Dr. Sampat S Shivangi, s man of my place reached the tallest height to invite honorable President of India, for the inauguration of the Oncology Hospital in Belgaum. Congratulations once again and again!  — Dr Awati Mahadev Nurandappa DA (Bom), MD Anesthesia; and,  Dr. Vandana Awati, DGO, MD Forensic Medicine. Both are HODs of Resp Depts at Mahavir Medical College, Vikarabad, Telangana state.

New York Judge Upholds Trump’s Conviction in Hush Money Case Despite Claims of Presidential Immunity

A New York judge upheld the conviction of President-elect Donald Trump on felony charges, ruling that the verdict from a jury in the hush money case remains valid even under the Supreme Court’s new test for presidential immunity. This ruling came shortly after Trump’s victory in the 2024 presidential election, in which voters chose to return him to the White House despite his ongoing legal challenges.

The decision, made by Judge Juan Merchan, addresses a key aspect of Trump’s legal battle: whether the president-elect could use his status to dismiss the case entirely. At the heart of the issue was whether certain evidence, presented by New York prosecutors during Trump’s seven-week trial, was protected under the Supreme Court’s doctrine of presidential immunity. Trump’s legal team argued that evidence such as testimony from White House aides, social media posts sent during his presidency, and his government ethics form should have been shielded from scrutiny.

Judge Merchan, however, ruled that Trump’s immunity objections had been improperly preserved, as some of the arguments had not been raised earlier in the case. Moreover, he concluded that none of the evidence in question fell under the protection of presidential immunity. In his ruling, Merchan explained, “The evidence related to the preserved claims relate entirely to unofficial conduct and thus, receive no immunity protections; and as to the claims that were unpreserved, this Court finds in the alternative, that when considered on the merits, they too are denied because they relate entirely to unofficial conduct.”

This ruling comes at a time when the Supreme Court has recently clarified the scope of presidential immunity. The Court held that former presidents enjoy absolute immunity from criminal prosecution for actions related to core constitutional powers. However, it also made clear that while unofficial conduct can be prosecuted, juries are not allowed to probe the motivations behind presidential decisions. The high court’s decision sets a precedent that Trump’s defense could not use to block evidence in this case.

Manhattan District Attorney Alvin Bragg strongly opposed Trump’s claims, urging Judge Merchan to dismiss the arguments about immunity. Bragg contended that no evidence presented to the jury was protected by presidential immunity and emphasized that, even if immunity applied, it would not diminish the weight of “other overwhelming evidence of defendant’s guilt.” Merchan agreed with this assessment, stating that even if the immunity argument held, he would still find that the evidence used against Trump—particularly relating to falsifying business records—did not infringe upon the authority of the Executive Branch. He concluded that such acts were personal in nature, and were not related to presidential duties, which would justify their inclusion in the case.

Trump was convicted on 34 counts of falsifying business records, all related to a $130,000 hush money payment made to adult film actress Stormy Daniels just before the 2016 presidential election. The payment was intended to conceal an affair, which Trump has consistently denied. Prosecutors argued that the scheme was a deliberate attempt to unlawfully influence the outcome of the election. This case is significant because it represents the first-ever criminal prosecution of a former U.S. president and is the only one to have reached trial.

Despite the jury’s conviction, Trump has continued to argue that his victory in the 2024 presidential election should lead to the dismissal of the verdict and the case itself. Bragg has opposed these claims, suggesting alternative approaches such as freezing the proceedings during Trump’s time in office. As of now, Judge Merchan has not yet made a ruling on this matter.

Trump’s spokesperson, Steven Cheung, expressed frustration with the decision, accusing Judge Merchan of violating Supreme Court rulings on immunity. “Today’s decision by deeply conflicted, acting Justice Merchan in the Manhattan DA Witch Hunt is a direct violation of the Supreme Court’s decision on immunity, and other longstanding jurisprudence,” Cheung said in a statement. In contrast, Bragg’s office declined to comment on the judge’s ruling.

In another development, Judge Merchan also revealed that Trump had submitted a letter on December 3, alleging juror misconduct. While Merchan offered few details, he indicated that the matter would be made public with certain redactions.

Trump’s legal situation has become more complicated since his return to the presidential race. While the Manhattan hush money case progresses, other criminal proceedings have taken more favorable turns for the president-elect. Special Counsel Jack Smith dropped all charges against Trump in relation to his federal election subversion and classified documents cases. Meanwhile, the Georgia criminal case, concerning alleged election interference, has been temporarily paused as an appeals court reviews a pretrial defense challenge. Trump’s legal team has also pushed for the dismissal of this case.

Despite these legal challenges, Trump’s supporters remain confident in his ability to overcome the hurdles. The ongoing legal drama surrounding him has yet to definitively affect his ability to govern or his political future. However, his legal battles will likely continue to be a central issue as he embarks on his second term in office.

TikTok Seeks Emergency Supreme Court Ruling to Delay U.S. Ban

TikTok filed an emergency appeal at the Supreme Court on Monday, requesting the justices to delay a law that mandates the video-sharing platform either divest from its Chinese parent company or face a nationwide ban. The company is asking the court to postpone the January 19 deadline until the justices can address TikTok’s First Amendment concerns in their regular docket.

In the application, TikTok’s legal team argued, “The Act will shutter one of America’s most popular speech platforms the day before a presidential inauguration. This, in turn, will silence the speech of Applicants and the many Americans who use the platform to communicate about politics, commerce, arts, and other matters of public concern.”

The appeal is directed to Chief Justice John Roberts, who handles emergency cases from the D.C. Circuit. Roberts can either decide the matter on his own or refer it to the full Supreme Court for a vote. TikTok has requested that the court act by January 6, which is about two weeks before the potential ban could take effect, to give app stores and internet hosting providers sufficient time to comply, if necessary.

TikTok’s appeal comes after the U.S. Court of Appeals for the D.C. Circuit rejected the company’s legal challenge to the law and refused to extend the deadline until TikTok had exhausted its appeals process.

In addition to TikTok’s request, several content creators who use the platform also filed a petition with the Supreme Court, asking it to block the law’s implementation. These creators had previously filed alongside TikTok at the D.C. Circuit, and both cases were considered together. “Even a temporary shutdown of TikTok will cause permanent harm to applicants — a representative group of Americans who use TikTok to speak, associate, and listen — as well as the public at large,” the creators’ legal team stated in their filing.

The law in question, which was passed with broad bipartisan support in Congress and signed by President Biden in April, gives ByteDance, TikTok’s parent company based in China, about nine months to sell off its stake in the app or face a ban from U.S. networks and app stores. TikTok has argued that the law infringes on the free speech rights of both the company and its content creators. However, a lower court dismissed these claims along with several other constitutional arguments presented by TikTok.

The D.C. Circuit Court of Appeals upheld the law, stating that it meets the “high bar” required for constitutional challenges. The court emphasized that the law’s significant effects were justified by national security concerns, specifically regarding TikTok’s connections to China. The ruling indicated that the government’s concerns over national security outweighed TikTok’s constitutional challenges.

Although the Supreme Court rarely grants emergency relief, TikTok’s lawyers are hopeful that the case represents one of the rare instances where such relief will be granted. According to an analysis by The Hill, only two of more than two dozen emergency appeals have been successful this term. TikTok’s legal team pointed out the court’s longstanding commitment to protecting free speech, noting, “The Supreme Court has an established record of upholding Americans’ right to free speech.” The company further stated, “Today, we are asking the Court to do what it has traditionally done in free speech cases: apply the most rigorous scrutiny to speech bans and conclude that it violates the First Amendment.”

TikTok contends that there is no immediate threat to national security, making a delay reasonable. The company highlighted that President-elect Donald Trump had expressed support for TikTok, which further bolstered its argument for a delay. “An interim injunction is also appropriate because it will give the incoming Administration time to determine its position, as the President-elect and his advisors have voiced support for saving TikTok,” TikTok’s application read.

President Trump had opposed the divest-or-ban law during his campaign, pledging to “save TikTok” if elected. However, since his victory, the president-elect has not provided specific details regarding his plans to protect the platform. When asked on Monday whether he would take action to prevent the ban from going into effect, Trump indicated he would “take a look.” He remarked, “I have a warm spot in my heart for TikTok,” adding that he had “won youth by 34 points” and suggesting that TikTok played a role in that success.

The issue surrounding TikTok has drawn significant attention due to its potential impact on free speech and national security. The platform, which has amassed millions of users in the U.S., serves as a major avenue for communication, creativity, and expression. The law requiring TikTok to divest from its Chinese ownership stems from concerns that the app could be used for surveillance by the Chinese government, though TikTok has repeatedly denied such allegations.

In the event that the law takes effect, it could force TikTok to either sell off its operations in the U.S. or face removal from app stores, effectively making it unavailable to millions of users. This would have far-reaching consequences for both content creators and consumers who use the platform for various purposes, including politics, business, and entertainment.

The Supreme Court’s decision to intervene could have significant implications not only for TikTok but for the broader issue of free speech in the digital age. The case raises important questions about the balance between national security concerns and the protection of constitutional rights. The outcome could set a precedent for how the U.S. government can regulate foreign-owned technology platforms in the future, especially those that have a substantial user base and influence over public discourse.

As TikTok continues to press its legal battle, the outcome remains uncertain, with the company striving to delay the law until it can fully present its First Amendment arguments before the Supreme Court. The potential ban, which looms just weeks away, has sparked intense debate over the role of social media in modern society and the rights of users to communicate freely online. With both legal and political forces at play, the situation is far from resolved, and all eyes will be on the Supreme Court as it considers whether to take action in this high-profile case.

Confusion Over Mysterious Drone Sightings Raises Concerns and Calls for Action

In recent weeks, reports of mysterious flying objects have sparked concern and confusion across several states, with calls for military intervention. These objects, potentially drones, have been spotted over residential areas, restricted sites, and critical infrastructure, prompting increased scrutiny from federal agencies. Despite public concern, officials have stressed that there is no evidence suggesting that these sightings pose a serious security threat.

White House National Security spokesperson John Kirby reassured the public on Monday, stating that there have been no indications of any national security or public safety risks associated with these sightings. “We assess that the sightings to date include a combination of lawful commercial drones, hobbyist drones and law enforcement drones, as well as manned fixed-wing aircrafts, helicopters, and even stars that were mistakenly reported as drones,” Kirby explained. He added that the FBI is reviewing around 100 tips related to the sightings, but none have raised alarms about malicious intent.

The U.S. government is taking steps to address the situation, including deploying advanced drone detection and tracking systems to two military facilities in New Jersey. The systems are being moved to Picatinny Arsenal, a U.S. military research facility in northern New Jersey, and Naval Weapons Station Earle, located in central New Jersey. These facilities have been the site of several reported drone sightings, which led to temporary flight restrictions in the area. “Several instances of unidentified drones entering the airspace” were noted above Naval Weapons Station Earle, though no direct threats were identified.

New Jersey Governor Phil Murphy was briefed by the FBI on the investigation into the drone sightings, particularly around the Naval Weapons Station Earle. He expressed the state’s readiness to support federal authorities in resolving the matter. The sightings have disrupted some local air traffic, including a temporary closure of Stewart International Airport in New York due to drone activity. At the same time, airspace above Wright-Patterson Air Force Base in Ohio was restricted because of similar concerns. Pentagon spokesperson Maj. Gen. Pat Ryder emphasized that the presence of drones is not uncommon, given that thousands of drones are flown across the U.S. daily. “It’s not that unusual to see drones in the sky, nor is it an indication of malicious activity or any public safety threat,” Ryder stated.

Despite these reassurances, local politicians continue to demand further investigation into the drone sightings. In Morris County, New Jersey, officials have called on the federal government to mobilize all available resources to address the unauthorized drone activity. Former President Donald Trump also weighed in on the situation during a news conference, raising questions about the government’s knowledge of the drone activities. “The government knows what is happening. Look, our military knows where they took off from,” Trump said. “If it’s a garage, they can go right into that garage. They know where it came from and where it went, and for some reason they don’t want to comment.”

Kirby responded to Trump’s remarks, emphasizing the administration’s commitment to transparency, but also cautioned against speculation. “What we’re not going to do is speculate, and we’re not going to hypothesize – we’re not going to, we’re not going to provide content that we can’t be sure is accurate,” Kirby remarked.

In an effort to manage public safety, the FBI and New Jersey State Police issued a joint statement urging the public not to shoot at suspected drones, warning that such actions could result in deadly consequences if manned aircraft are mistakenly targeted. The statement highlighted instances where pilots of manned aircraft had been struck in the eyes by lasers, likely due to misidentification of drones.

Drone ownership in the U.S. is widespread, with around 792,000 drones registered with the FAA, used for a variety of purposes such as photography, agriculture, and law enforcement. However, there remains significant uncertainty regarding the exact nature of the recent sightings. Some experts, including FBI supervisory special agent Tom Adams, believe that many sightings could be cases of mistaken identity, with people confusing aircraft or even stars with drones. “I can tell you from my firsthand experience…it was fairly common for planets, crewed aircraft and even low Earth orbit satellites to be misidentified as drones at night,” Adams explained.

The sightings have occurred across multiple states, including New Jersey, New York, Connecticut, Pennsylvania, Virginia, and Ohio. In Morris County, New Jersey, residents have frequently reported seeing drones, often in clusters. Democratic Senator Andy Kim of New Jersey shared a video of what appeared to be a cluster of drones flying over the Round Valley Reservoir but later acknowledged that most of the objects were likely planes. Local officials have been briefed by federal agencies, with some reports indicating that the drones appear to fly in a coordinated pattern and can remain airborne for extended periods.

In New York, Governor Kathy Hochul directed the state’s Intelligence Center to investigate the sightings, and announced that new drone detection systems would be deployed in the state. Senate Majority Leader Chuck Schumer also called for advanced detection technologies to be used to track drones. New York State Police reported that they were investigating numerous drone sightings, although no public safety threat has been identified.

Drone sightings have also been reported in other states, with Connecticut deploying a detection system to assist with investigations in Fairfield County. In Massachusetts, two men were arrested for flying a drone near Logan International Airport in Boston, while in California, a Chinese national was charged for illegally filming a SpaceX launch with a drone near Vandenburg Space Force Base.

Despite federal officials’ assurances that the drones do not pose a threat, there is still significant uncertainty about the source and intent of these sightings. Some officials, including U.S. Senator Amy Klobuchar, have called for greater transparency regarding the investigation. “One, we need a briefing for the members of the Senate to figure out what’s going on here,” Klobuchar said during an interview. “Two, we need more transparency.”

Local officials like Belleville Mayor Michael Melham have adopted a cautious approach, instructing police to call the bomb squad and requiring hazmat suits when dealing with downed drones. “We just don’t know what these things are, so we are being cautious,” Melham said.

As the investigation continues, federal authorities are working to clarify the situation, but some have suggested that the drone activity could be linked to a broader trend of increasing drone use, with some instances possibly being “copycat” behavior fueled by media coverage. The FBI, along with the Department of Homeland Security and other agencies, is working to determine whether the sightings represent a national security concern or simply a misunderstanding.

Despite ongoing investigations and heightened concerns, officials remain cautious about jumping to conclusions, and many agree that there is no immediate evidence to suggest that these drones represent a serious threat to national security. As the situation develops, authorities are continuing their efforts to monitor the skies and address the public’s concerns.

AI in Health Insurance Sparks Fight Between Patients and Providers

Health insurers are increasingly leveraging artificial intelligence (AI) to assess and deny claims, but patients are now employing similar technology to challenge these denials. UnitedHealthcare, a major player in the industry, is facing scrutiny for its alleged use of an AI system with a high error rate, estimated at 90%, to deny claims. The company, which reportedly rejects about one-third of claims submitted—twice the industry average—is being sued over these practices. This controversy follows the death of UnitedHealthcare’s CEO Brian Thompson last week.

In response to these challenges, individuals are taking matters into their own hands. A software engineer from the San Francisco Bay Area has created a free AI-powered tool to help patients draft appeals. This innovative solution generates pre-written appeals based on user-provided information. Meanwhile, startups like Claimable are stepping in to support patients using AI to combat insurance denials. Warris Bokhari, the cofounder and CEO of Claimable, explained, “This has come into sharp focus because of national events… but the problem has existed for a very long time beneath the surface.”

Nasdaq Reaches New Heights Amid AI Boom

The Nasdaq Composite soared to an all-time high on Wednesday, surpassing 20,000 for the first time in its 53-year history. This record-breaking surge is attributed to the growing influence of AI, with key contributors including Broadcom, Alphabet, Crowdstrike, Tesla, Nvidia, and Amazon.

Adding to the financial milestones, the price of Bitcoin climbed above $100,000 on Wednesday, continuing its post-election rally. After a brief two-day dip, Bitcoin gained nearly 6%, reaching $101,300 by late afternoon.

Inflation Steady as Fed Prepares Rate Cuts

In its final report for the year, the U.S. reported a 2.7% year-over-year increase in consumer prices for November, aligning with analysts’ expectations. The Federal Reserve is expected to implement a 25-basis-point rate cut next week. However, recent comments from Fed officials suggest a preference for more gradual adjustments moving forward.

Major Developments in the Crypto World

Circle and Binance, two prominent players in the cryptocurrency sector, have announced a new partnership. This collaboration strengthens ties between Binance and USD Coin, a stablecoin with $41 billion in managed assets. This move is seen as an effort to boost Binance’s reputation, particularly after its founder Changpeng Zhao resigned as CEO and admitted to anti-money laundering violations last year.

Musk Hits Unprecedented Wealth Milestone

Elon Musk’s net worth briefly surpassed $400 billion, making him the richest individual Forbes has ever tracked. This milestone came after a $58 billion increase in his wealth on Wednesday, following SpaceX’s buyback of insiders’ shares in a deal that valued the company at $350 billion.

Meanwhile, the business world mourns the loss of billionaire David Bonderman, the founder of private equity firm TPG. Bonderman, who was instrumental in numerous leveraged buyouts and owned the Seattle Kraken NHL team, passed away at 82. Forbes estimated his net worth at $7.4 billion at the time of his death.

Google’s AI-Driven Smart Glasses

Google has introduced a prototype for smart eyeglasses powered by its new Gemini AI model. The glasses are designed to provide users with real-time environmental information. Unlike the company’s earlier Google Glass, which faced privacy-related backlash, this new initiative aims to capitalize on a more receptive market for wearable tech.

Political and Legal Developments

Linda McMahon, a former WWE executive and President-elect Donald Trump’s nominee for Secretary of Education, made headlines for her financial support of Trump’s rallies. She donated $1 million to the America First Action Fund, which later paid $500,000 to host an event at Madison Square Garden.

In related news, FBI Director Christopher Wray announced plans to resign in January. Wray, who was appointed by Trump during his first term, has faced criticism from Trump over the FBI’s involvement in various investigations concerning him. Trump has already nominated Kash Patel to replace Wray.

Sports Updates and Controversies

Forbes’ latest ranking of the World’s 50 Most Valuable Sports Teams places the Dallas Cowboys at the top for the ninth consecutive year, with an estimated worth of $10.1 billion. NBA teams also made significant strides, with an average valuation of $4.4 billion—an almost 600% increase over the past decade.

Saudi Arabia has been confirmed as the host of the 2034 FIFA World Cup, sparking criticism over its human rights record and allegations of “sports washing.” Critics have also questioned the ease with which FIFA approved the bid, though the organization asserts that the event could encourage positive change.

The UnitedHealthcare Fallout and Executive Safety

The tragic death of UnitedHealthcare’s CEO Brian Thompson has ignited discussions around the safety of corporate executives. Only about 25% of public companies currently provide personal security for their leaders. Factors such as high costs and unclear tax benefits have deterred broader adoption of executive protection measures.

Concerns Over a Potential TikTok Ban

Legislation aimed at banning TikTok includes provisions that would allow creators to retrieve their data before the platform is restricted. Users can download their data through an in-app feature or file a request using a legal form if additional information is needed.

European Tech Investment on the Rise

European AI startups, including Mistral, Helsing, and Wayve, raised over $2.2 billion in the past year, signaling growing interest in the region’s tech sector. Forbes’ Midas List Europe highlights the continent’s top tech investors, with Pawel Chudzinski of Point Nine Capital taking the lead. Chudzinski’s early investments in Revolut, Mambu, and Chainalysis contributed to his top ranking.

Despite challenges such as the ongoing crisis in Ukraine and tensions with the U.S., European investors continue to back high-value startups. “It’s unbelievable,” Chudzinski told Forbes, reflecting on the rapid development of Europe’s tech ecosystem.

NFL Expands International Reach

The NFL is set to host its first-ever regular season game in Berlin next year as part of its strategy to grow its international audience. Germany, home to 20 million NFL fans, is becoming a key market for the league. Commissioner Roger Goodell hinted at plans to hold up to eight international games next season.

Navigating Career Conversations

Asking for a raise can be challenging, but preparation is key. Employees are encouraged to evaluate their contributions, such as driving revenue growth or reducing costs, and research industry standards for their roles before initiating discussions with their employers.

Trump Administration Stacked with Donors and Billionaire Backers

Nearly three dozen individuals appointed to serve in Donald Trump’s incoming administration have contributed financially to his campaign or supporting groups, according to an analysis of federal campaign records conducted by CNN. This highlights the significant role of wealthy donors in shaping the new government.

Notable among these donors is tech mogul Elon Musk, recognized as the largest disclosed political contributor in the 2024 election cycle. Although not officially part of Trump’s Cabinet, Musk has taken a central role in the administration’s transition process. He has been instrumental in developing the Department of Government Efficiency initiative, advising on personnel decisions, interacting with global leaders, and meeting lawmakers to discuss federal downsizing.

The analysis reveals that eight Cabinet appointees and their spouses have collectively donated over $37 million to Trump’s efforts. Linda McMahon, the billionaire wrestling executive selected to head the Education Department, has led these contributions. In addition, two other Cabinet picks, New York Rep. Elise Stefanik and Florida Rep. Mike Waltz, transferred campaign funds to pro-Trump efforts.

Musk alone has donated more than $277 million during this election cycle, with over $262 million directed to Trump’s campaign. Most of Musk’s contributions flowed to a super PAC he created to mobilize Republican voters in swing states. Brendan Glavin, research director at OpenSecrets, remarked, “No individual outside of self-funded candidates has spent as much to shape federal elections in a single cycle.”

Glavin further noted that Trump’s donors are being appointed to positions directly influencing policy, unlike the traditional trend of appointing donors to ceremonial roles.

The CNN review, covering over 90 high-level appointees announced in the five weeks since Trump’s victory, identified more than 30 donors who supported his campaign or affiliated groups. Trump transition team spokesman Brian Hughes defended these appointments, stating, “Millions of Americans joined President Trump in the movement to restore our nation’s greatness. Some of those who supported the campaign and helped deliver this decisive victory will now work with the president to fulfill his vision.”

This surge in donor involvement is a marked contrast from Trump’s first term, when five Cabinet members donated nearly $8 million combined, mostly driven by McMahon’s contributions in 2016. For the 2024 election, donations by Trump’s Cabinet far exceed those of President Joe Biden’s appointees, who collectively gave less than $100,000 during the 2020 election.

Billionaires Driving Policy

Elon Musk’s financial contributions tower over other donors. McMahon follows closely, donating $21.2 million, primarily to Make America Great Again, Inc., Trump’s leading super PAC. Additional seven-figure contributors include Howard Lutnick, CEO of Cantor Fitzgerald, selected for Commerce Secretary; hedge fund executive Scott Bessent, chosen for Treasury Secretary; and former Georgia Senator Kelly Loeffler, tapped for the Small Business Administration.

Loeffler’s husband, Jeff Sprecher, also made substantial contributions, exceeding $2 million to pro-Trump efforts. Sprecher, CEO of the Intercontinental Exchange and owner of the New York Stock Exchange, appeared alongside Trump at the exchange’s opening bell ceremony. Loeffler’s spokesperson, Caitlin O’Dea, stated, “Senator Loeffler is proud to support President Trump for the same reasons millions of Americans gave him a historic victory: to restore prosperity, security, and opportunity.”

Trump’s renewed support from billionaires and corporate leaders represents a stark turnaround from the backlash he faced following the January 6 Capitol riot in 2021. Wealthy tech leaders are now backing Trump, seeking regulatory rollbacks and business-friendly policies.

Musk’s unprecedented donations helped Trump close the financial gap against Democratic rival Kamala Harris, who raised $1 billion after securing her party’s nomination in July. Super PACs, which face no donation limits but are prohibited from direct coordination with campaigns, became pivotal in the race. However, a 2024 Federal Election Commission ruling allowed Musk to align his ground game efforts with Trump’s campaign, further amplifying their impact.

Critics argue that such immense spending highlights flaws in the campaign finance system. Fred Wertheimer, head of Democracy 21, commented, “Musk exemplifies how campaign finance laws have failed. I fear for departments run by billionaires uninterested in their agency’s purpose.”

Still, defenders see value in wealthy appointees. Former Virginia congressman Tom Davis explained, “There’s nothing wrong with successful individuals giving back through government service. Their contributions reflect loyalty.”

Friends, Family, and High-Profile Appointments

Presidents traditionally reward donors with ambassadorships or honorary roles. Trump’s picks for such posts follow this pattern, with billionaires among his donors assuming diplomatic assignments. For instance, Arkansas investor Warren Stephens is Trump’s choice for ambassador to the United Kingdom, while Charles Kushner, named ambassador to France, is a close family member and donor.

Kushner, who donated $2 million to pro-Trump causes and received a presidential pardon in 2020, is Ivanka Trump’s father-in-law. Real estate tycoon Tom Barrack, another major donor, is Trump’s selection as ambassador to Turkey. Longtime Trump associate Steve Witkoff, who contributed $250,000 to a pro-Trump super PAC, will serve as a special envoy to the Middle East.

These appointments illustrate Trump’s preference for rewarding loyalty while consolidating power within a trusted network of allies and donors.

As the new administration takes shape, critics and supporters alike will closely monitor how these financially influential appointees influence policy and governance in Trump’s second term.

Trump Calls for an End to Daylight Saving Time, Citing Inconvenience and Cost

President-elect Donald Trump announced on Friday that Republicans would aim to abolish daylight saving time, describing it as both “inconvenient” and “costly” for the nation.

“The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation,” Trump shared in a post on Truth Social.

Efforts to address daylight saving time have been a recurring topic in Congress. For years, lawmakers have introduced proposals to make daylight saving time permanent. However, these bills have consistently failed to pass through both chambers.

Advocates for making daylight saving time permanent argue that such a change would eliminate the need for Americans to reset their clocks in the fall and spring. They highlight that extended evening sunlight would provide more opportunities for outdoor activities and potentially improve overall well-being.

Critics of the proposal, however, point to its drawbacks. They argue that permanent daylight saving time would result in darker mornings for a significant part of the year. This could have safety implications, as children might have to go to school or wait for buses during hours of darkness.

An alternative proposal, making standard time permanent, would have the opposite effect. It would ensure brighter mornings throughout the year but would mean sacrificing extended daylight in the evening.

At this stage, it remains unclear whether Trump supports the adoption of permanent daylight saving time or favors reverting to permanent standard time. The Hill reached out to Trump’s transition team for clarification, but no response was provided.

Daylight saving time has been a fixture in most parts of the United States since the 1960s. Its origins, however, date back to 1918 when then-President Woodrow Wilson first introduced the concept.

Sundar Pichai Proposes AI Initiative Similar to Manhattan Project Amid US-China Competition

Alphabet and Google CEO Sundar Pichai has expressed interest in spearheading an ambitious research initiative for artificial intelligence (AI), akin to the Manhattan Project during World War II. Pichai revealed his vision in an interview with Semafor, highlighting the potential for a unified national effort to accelerate AI advancements. His remarks come as President-elect Donald Trump prepares to return to the White House next month.

“I think there is a chance for us to work as a country together,” Pichai said in the interview published Thursday evening. He added, “These big, physical infrastructure projects to accelerate progress is something we would be very excited by.”

This proposal aligns with a recommendation made last month by the bipartisan U.S.-China Economic and Security Review Commission (USCC). The commission urged the U.S. to fund a significant AI development program as part of a broader effort to maintain technological superiority over China.

“China has focused on developing emerging technologies such as artificial intelligence (AI), quantum technologies, biotechnology, and battery energy storage systems,” the USCC noted in its report. “The United States has similarly realized the importance of technology competition with China and has significantly altered the policy environment.”

Google has been at the forefront of AI innovation, releasing its new AI model last year to compete with OpenAI’s ChatGPT and other advanced systems. On Wednesday, the tech giant unveiled Gemini 2.0, an upgraded version of its AI model.

“With new advances in multimodality — like native image and audio output — and native tool use, it will enable us to build new AI agents that bring us closer to our vision of a universal assistant,” Pichai stated in a note accompanying the model’s release.

Pichai elaborated on the capabilities of the new model during his interview with Semafor, saying, “We already have capable enough models. We can build many, many use cases on top of it. That progress is going to be very real. With Gemini 2.0, we are laying the foundation for it to be more agentic.”

The proposal for a large-scale AI initiative comes at a time when the geopolitical stakes in technology development are intensifying. The United States and China have been locked in a race to dominate emerging technologies, with AI playing a critical role in this competition. Pichai’s comments underline the importance of fostering collaborative national efforts to stay ahead in this race.

Adding to the momentum of AI-related developments, President-elect Trump recently announced the appointment of venture capitalist and close ally David Sacks as the White House’s AI and cryptocurrency czar. This newly created role is expected to play a key part in shaping the administration’s approach to AI policy and innovation.

Like many leaders in the tech and business sectors, Pichai appears to be strengthening his connections with Trump following his electoral victory. Reports suggest that the Google CEO was scheduled to meet with the president-elect on Thursday, signaling the potential for closer collaboration between Silicon Valley and the incoming administration.

Reflecting on Google’s journey in AI, Pichai emphasized the company’s long-term commitment to advancing this technology. “In 2015, I set the company in this AI-first direction,” he said. “As part of that, we said we would do a deep, full-stack approach to AI, all the way from world-class research, building the infrastructure … all the way from silicon on. That’s the foundation.”

Pichai’s remarks and proposals signal a pivotal moment for the U.S. as it seeks to consolidate its leadership in artificial intelligence while navigating the challenges posed by global competition. His vision for a Manhattan Project-like AI initiative could shape the trajectory of technological innovation in the years to come.

Sam Altman to Donate $1 Million to Trump’s Inaugural Fund Amidst Tech Industry Support

Sam Altman, CEO of OpenAI, is set to contribute $1 million from his personal finances to President-elect Donald Trump’s inaugural fund. This decision places Altman among a growing list of technology leaders who have recently pledged similar support. His spokesperson confirmed to The Hill that the donation would come from Altman’s personal resources, distinguishing it from contributions made by companies such as Mark Zuckerberg’s Meta and Jeff Bezos’ Amazon, which each donated $1 million on behalf of their organizations.

In a statement shared by his spokesperson on Friday, Altman expressed his confidence in Trump’s leadership, particularly in the realm of artificial intelligence. “President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead,” Altman stated.

The planned donation, originally reported by Fox News, comes as the tech industry increasingly looks to align itself with the incoming administration. While donations to inaugural funds are a longstanding tradition, some analysts interpret these contributions as strategic moves to secure favor with Trump, who is entering his second term. This is especially relevant given his evolving ties with prominent figures in the tech world, including billionaire entrepreneur Elon Musk.

Trump’s interactions with tech leaders have been complex and varied. His relationship with Zuckerberg, for instance, has been strained since Facebook banned Trump from the platform following the Capitol riot on January 6, 2021. Trump, in response, branded Facebook an “enemy of the people.” Similarly, Trump’s history with Amazon has been contentious. In 2019, Amazon accused the administration of bias in a legal dispute over a lucrative Pentagon contract, alleging that Jeff Bezos’ criticism of Trump influenced the decision.

Elon Musk’s relationship with Altman and OpenAI adds another layer of complexity to the narrative. Musk, a co-founder of OpenAI alongside Altman, has been vocal about his dissatisfaction with the organization’s shift from a nonprofit to a for-profit entity. Musk has accused Altman of persuading him to support OpenAI under the pretense that it would prioritize transparency and safety in AI development. Musk’s frustrations have culminated in an ongoing lawsuit against OpenAI, alleging a deviation from its original mission.

Despite these tensions, Altman remains optimistic about Musk’s intentions. Speaking at the New York Times DealBook conference earlier this month, Altman expressed his disappointment over the strained relationship but maintained his belief in Musk’s ethical judgment. “I believe pretty strongly that Elon will do the right thing and that it would be profoundly un-American to use political power to the degree that Elon would hurt competitors and advantage his own businesses,” Altman remarked.

Jeff Bezos, who also has a history of rivalry with Musk, echoed Altman’s sentiments at the same conference. As the owner of The Washington Post and aerospace company Blue Origin, Bezos has often clashed with Musk over business ventures. However, he emphasized his trust in Musk’s character, stating that he took Musk “at face value” and did not think Musk would misuse his influence to target competitors.

Musk appeared to affirm these views by sharing Altman’s and Bezos’ comments on social media. In a brief post last week, he wrote, “they are right,” signaling his intent to refrain from leveraging his political influence against industry rivals.

Altman, Bezos, and Musk each play pivotal roles in the tech industry, and their interactions with Trump are closely scrutinized. Altman’s substantial donation to Trump’s inaugural fund, coupled with his vocal support for the administration’s AI agenda, underscores the tech sector’s growing interest in shaping U.S. policy under Trump’s leadership. At the same time, the nuanced relationships among these influential figures highlight the challenges and opportunities at the intersection of politics and technology.

While some critics may view the tech industry’s overtures to Trump as a pragmatic alignment with power, others see it as part of a broader effort to navigate a rapidly changing landscape in both technology and governance.

H-1B Visa Approvals for Indian IT Firms Drop Sharply in FY24

In fiscal year 2024, the top seven Indian IT companies collectively secured only 7,299 H-1B visa approvals for new employment, a substantial decline from the 14,792 approvals reported in fiscal year 2015. This significant decrease was highlighted in an analysis conducted by the National Foundation for American Policy (NFAP), a non-partisan U.S.-based think tank.

These 7,299 approvals represented just 5.2% of the total H-1B visa approvals for fiscal year 2024, a figure that translates to a mere 0.004% of the U.S. civilian workforce. Denial rates for H-1B visa applications continued to remain low, standing at 2.5% in FY24, slightly down from the 3.5% recorded in FY23, according to the NFAP report.

Despite the current low denial rates, the report warned of a potential reversal if the incoming Trump Administration reinstates the restrictive immigration policies implemented during his first term in office. Such policies had previously resulted in heightened denial rates for H-1B visa applications.

Among individual companies, Amazon emerged as the top employer for H-1B visa approvals for initial employment in FY24, securing 3,871 approvals. However, this was a decline from the 4,052 approvals Amazon achieved in FY23 and the 6,396 in FY22. Cognizant followed with 2,837 approvals, while Infosys obtained 2,504, and Tata Consultancy Services (TCS) recorded 1,452. Other key players included IBM with 1,348 approvals, Microsoft with 1,264, HCL America with 1,248, Google with 1,058, Capgemini with 1,041, and Meta Platforms with 920 approvals.

A notable development in FY24 was Tesla’s significant progress in H-1B approvals. The company, led by Elon Musk, secured the 16th position among employers, marking its first appearance in the top 25. Tesla achieved 742 H-1B approvals, more than doubling its totals from FY23 and FY22, which were 328 and 337, respectively. The report noted that Tesla’s visa requests were primarily driven by its requirements in manufacturing, research and development, and engineering roles.

While certain U.S.-based companies such as Tesla made significant gains, another report pointed out that Indian IT firms, including TCS, Wipro, Infosys, and HCL, have reduced their reliance on H-1B visas by 56%. This reflects a strategic shift among these firms, which have established strong operations in the United States. Increasingly, they are focusing on hiring local talent and sponsoring Green Cards to attract and retain skilled professionals within the country.

This shift in approach underscores the changing dynamics of workforce strategies among Indian IT firms. As these companies continue to expand their presence in the United States, they are adapting to local hiring needs and reducing their dependency on temporary work visas.

The demand for H-1B visa holders remains robust in the U.S., particularly for roles requiring specialized skills in rapidly evolving areas such as digital transformation, cloud computing, and artificial intelligence. According to Vic Goel, managing partner at the U.S.-based corporate immigration law firm Goel & Anderson, “U.S. companies must rely on H-1B visas to fill roles with skills not easily found domestically, especially in emerging tech.” This perspective highlights the crucial role H-1B visa holders play in addressing skill gaps in cutting-edge industries.

The significant decline in H-1B visa approvals for Indian IT companies in FY24 reflects broader trends in immigration and workforce strategies. While some U.S. companies have managed to increase their use of H-1B visas, Indian IT firms are increasingly emphasizing local recruitment and long-term employment solutions. These evolving approaches illustrate the complex interplay between immigration policies, corporate strategies, and the growing demand for highly specialized talent in the global tech industry.

Donald Trump Rings NYSE Bell After Time’s ‘Person of the Year’ Recognition

Six months ago, Donald Trump made history as the first former U.S. president convicted of a crime, standing in a courtroom in lower Manhattan. Today, just blocks away from that courthouse, Trump is set to ring the opening bell at the New York Stock Exchange (NYSE), a symbolic moment underscoring his resilience and political comeback. Adding to the significance of the occasion, Time magazine has named him its 2024 Person of the Year.

The honors highlight Trump’s complex relationship with New York, a city where he rose to prominence yet faced ostracism during his political career. They also reflect his transition from a polarizing former president who contested his election loss four years ago to a victorious president-elect who decisively reclaimed the White House in November.

Sam Jacobs, Time’s editor-in-chief, made the announcement on NBC’s Today show, emphasizing Trump’s unparalleled influence over the news cycle. “For better or for worse, [Trump] had the most influence on the news in 2024,” Jacobs said.

According to insiders familiar with his plans, Trump is expected to be present on Wall Street to officially open the trading day. These individuals, speaking anonymously to The Associated Press, confirmed that Trump’s appearance will mark his debut in this ceremonial role. While the NYSE often invites celebrities and business leaders to ring the bell, this occasion takes on special significance, blending culture, politics, and business.

Trump’s relationship with Time magazine is long-standing and occasionally contentious. First named Time’s Person of the Year in 2016 after his initial presidential victory, he appeared as a finalist this year alongside prominent figures like Vice President Kamala Harris, Israeli Prime Minister Benjamin Netanyahu, entrepreneur Elon Musk, and Kate, the Princess of Wales. Trump’s fascination with Time has been well-documented; he appeared on its cover as early as 1989 and has falsely claimed to hold the record for the most cover appearances. A 2017 Washington Post investigation even revealed that Trump displayed a fake Time cover featuring himself in several of his golf clubs.

Thursday’s event aligns Trump with a tradition of high-profile figures participating in the NYSE’s 9:30 a.m. ceremonial opening. Last year, Time CEO Jessica Sibley rang the bell to unveil Taylor Swift as the 2023 Person of the Year. During Trump’s presidency, his wife, Melania Trump, also participated, ringing the bell to promote her “Be Best” campaign focused on children’s well-being.

Trump’s current visit to New York, his former home city, is part of a broader pattern of appearances this year. Despite relocating to Florida, he has maintained a visible presence in New York, often blending legal obligations with strategic photo opportunities. Beyond required court appearances in Manhattan, Trump has made campaign stops at various city locations, including a firehouse, a bodega, and a construction site. A rally held in the Bronx was part of his outreach to voters in areas where he gained unexpected traction during the election.

Not all of his New York events have been without controversy. Trump capped off his campaign with a high-energy rally at Madison Square Garden. While the event aimed to energize his supporters, it faced backlash due to inflammatory remarks made by some speakers.

Trump’s journey to national prominence has always been intertwined with his image as a New York real estate mogul. His role on the reality TV show The Apprentice further cemented his reputation as a savvy businessman, a persona he leveraged during his presidential campaigns. Economic issues, particularly concerns about the middle class, played a central role in his recent victory.

The financial markets responded favorably to Trump’s electoral win. On November 5, the S&P 500 saw its best day in nearly two years, climbing 2.5%. The Dow Jones Industrial Average surged by 1,508 points, or 3.6%, while the Nasdaq composite rose 3%, with all three indexes breaking previous records. Trump, who often views stock market performance as a barometer of his popularity, suggested that his next term as president should officially begin the day after the election to credit him with these gains.

Trump’s economic agenda includes ambitious promises of historic growth, aligning with his business-focused approach to governance. His appointments for key administration roles predominantly feature individuals from the private sector, signaling a pro-business direction.

The business community has largely welcomed Trump’s plans to reduce corporate taxes and streamline regulations. However, his proposals to impose tariffs and target companies he perceives as politically adversarial have raised concerns. Broadly, Trump’s policies could have a mixed impact, with certain industries thriving under reduced taxes and deregulation while others face challenges from protectionist measures.

Historically, U.S. stock markets have tended to rise regardless of which political party controls the White House. Since 1945, however, markets have experienced slightly larger average gains under Democratic leadership. Despite this trend, Trump’s return to power has already begun shaping investor expectations. Market participants are closely watching the potential effects of his policies, including higher tariffs, lower tax rates, and deregulation.

In addition to his market impact, Trump is pursuing legal avenues to overturn his Manhattan conviction, a case that has loomed over his political resurgence. His legal team is actively working to have the verdict dismissed, arguing that his electoral victory underscores a mandate from the public.

As Trump rings the NYSE bell, his dual role as a businessman and political figure remains at the forefront. For Trump, the moment symbolizes both a personal and professional triumph, cementing his comeback in the heart of the financial world while affirming his broader influence on the national stage.

China 2025: A Pivotal Year Amidst Domestic and Geopolitical Challenges

The Asia Society Policy Institute’s Center for China Analysis (CCA) has unveiled its flagship annual report, China 2025: What to Watch. This report, based on CCA’s distinctive “inside-out” methodology, provides a comprehensive analysis of critical developments to monitor in China during 2025 and beyond. The report emphasizes China’s challenges on both domestic and international fronts, highlighting the crucial decisions that could shape its future trajectory.

In the introduction, Jing Qian, Co-Founder and Managing Director of CCA, and Jennifer Choo, Director of Research and Strategy, assert that 2025 will be a defining year for China. They explain, “The coming year will prove pivotal in testing Beijing’s resilience and adaptability as it confronts an increasingly hostile geopolitical environment while navigating extremely complex domestic challenges.” They stress that China is “at a crossroads,” with decisions made in this year likely to have lasting repercussions on the nation’s future.

A significant focus of the report is on the growing tensions between the United States and China. CCA Senior Fellow Lyle Morris predicts that U.S.-China relations are set to deteriorate further in 2025. He anticipates that former President Donald Trump, if reelected, may adopt a tougher stance on trade, which could include imposing heavy tariffs on Chinese products. Morris warns, “This may destabilize an already fragile relationship.” He underscores the importance of identifying specific areas of cooperation, stating, “Forging discrete areas of cooperation will remain key…Even though the chances of a genuine thaw that resolves fundamental differences…are low in 2025, recent agreements to enhance military-to-military communications and working groups to combat the illicit fentanyl trade are…the kinds of cooperation that can build positive momentum.” Despite the bleak outlook for overall relations, these collaborative initiatives are seen as steps toward stability.

The Taiwan Strait is highlighted as another potential flashpoint in the report. According to ASPI Managing Director and CCA Senior Fellow Rorry Daniels, tensions around Taiwan are likely to escalate. Daniels points out that the absence of robust U.S.-China diplomacy, especially under a Trump presidency, could exacerbate the situation. She writes, “In the likely absence of robust U.S.-China diplomacy under a Trump presidency, Beijing’s reactive policy responses to a growing U.S.-Taiwan relationship will be viewed by Washington not only as threatening but also worthy of a counter-response. This downward spiral could easily lead to policy miscalculations and a cross-Strait crisis.” The report warns that missteps in this volatile region could result in severe consequences.

Domestically, China faces a delicate balancing act between maintaining political control and fostering incentives within its governing elite. CCA Senior Fellow Guoguang Wu delves into the challenges facing the Chinese leadership in this area. He notes that the Xi Jinping administration will likely continue its anticorruption campaigns, albeit with a politically selective approach. “Anticorruption campaigns will continue and become even more politically selective as the Xi regime struggles to incentivize cadres while also maintaining tight control over them,” Wu explains. This dual challenge underscores the complexities of governance in a nation where centralized control is paramount.

China’s climate policies are also at a turning point in 2025. CCA Senior Fellow Li Shuo examines the implications of an economic slowdown on Beijing’s environmental commitments. He predicts that implementing more aggressive measures to reduce emissions could be difficult in the context of economic challenges. Li writes, “Whether Beijing decides to pledge strong climate targets under the Paris Agreement, transition away from coal, and double down on its clean energy development are key things to watch in 2025.” With global attention on China’s environmental agenda, the decisions made this year will significantly influence its role in addressing climate change.

The report concludes with an overarching assessment from Jing Qian and Jennifer Choo, emphasizing the need for strategic adaptability and pragmatic policymaking. They state, “All in all, navigating 2025 will demand strategic adaptability, political openness, and policy pragmatism by China’s leadership. The choices made this year will reshape the nation’s trajectory, not just domestically but regionally and globally.” Their analysis underscores the magnitude of decisions facing China in the coming year.

In addition to these themes, the report explores other crucial areas, including fiscal reforms, industrial policy, and public health challenges. Experts within CCA highlight the lingering societal impacts of COVID-19 and the complexities involved in addressing these challenges while pursuing economic growth. These interconnected issues illustrate the breadth of obstacles China must navigate in 2025.

The report paints a picture of a nation at a pivotal moment, confronting significant domestic and international challenges. Whether through fostering areas of cooperation with the United States, managing heightened tensions in the Taiwan Strait, or implementing transformative climate policies, China’s leadership will need to make carefully calculated decisions to shape its future.

Indian Americans Protest in Washington Against Persecution of Hindus in Bangladesh

On December 9, scores of Indian Americans gathered in front of the White House in Washington, D.C., to protest against ongoing violence and discrimination targeting Hindus in Bangladesh. Raj Patel, a Maryland-based Indian American, underscored the peaceful nature of the Hindu community and declared, “Hindu lives matter. Hindus are the most peaceful community in the world.”

The event, part of the “March Against Genocide of Hindus in Bangladesh” campaign, coincided with the International Day of Commemoration for Genocide Victims. Organized by StopHinduGenocide.org, Bangladeshi diaspora groups, and HinduACTion, the protest aimed to draw attention to alleged crimes against Hindus in Bangladesh. A dedicated website, www.stophindugenocide.org, was also launched to document these incidents.

The rally began at the White House and concluded at Capitol Hill, where participants called for international recognition of the atrocities faced by Hindus in Bangladesh and demanded urgent action to end their persecution.

Shuvo Roy, one of the protestors, urged the Biden-Harris administration to exert pressure on Bangladesh’s interim leader, Muhammad Yunus, to release Chinmaya Krishna Das, a detained Hindu monk reportedly subjected to torture. “Hindus believe in generating jobs, businesses, and peace everywhere. But we have seen a lot of genocide over the years,” Roy remarked. “Earlier, the genocide was during the Muslim invasion. Later, during the English occupation. And then in 1971, the Bangladesh genocide and the Kashmir genocide. And now, again, the current Bangladesh genocide. Enough is enough.”

Raj Patel, echoing Roy’s sentiments, called on global leaders to address these issues. “It is very important. We are not going to tolerate this one. So we request taking action in Bangladesh, and we are very much hopeful for the US president-elect Trump. He already tweeted last month, and we thank him very much.”

Participants, including representatives from New York, Virginia, Maryland, and Washington, D.C., expressed frustration at what they saw as international indifference. “It is shameful that global institutions like the United Nations and the U.S. government have remained silent in the face of these violations,” a protester said. “They have abandoned their obligation to protect religious minorities in Bangladesh.”

Paula Saha, a New Jersey-based member of the Sanatani Hindu Society, appealed to Yunus directly. “Muhammad Yunus, the Chief Adviser of Bangladesh, is a remarkable person. I don’t understand why his leadership coincides with the continued suffering of Hindus and the targeting of Islamists. He has expressed a desire to stop this violence, acknowledging that frequent changes in government have exacerbated the situation for Hindus,” Saha stated. She implored Yunus to take decisive action, adding, “This is not just about today but about securing a future for the next generation. If these atrocities continue, it will foster resentment and division. Please, save the Hindus—it’s a heartfelt plea for justice and humanity.”

Nithyanand Chaudhary, another protester, alleged that 24 murders of Bangladeshi Hindus had taken place recently. “Houses are being demolished, and I feel it is my duty to address this issue,” he said during an interview with New India Abroad.

A report compiled by 14 organizations was submitted to the United Nations Department of Peace Operations, calling for the immediate suspension of Bangladeshi armed forces from peacekeeping missions. Protesters argued, “How can they be expected to uphold peace abroad when they are implicated in genocide at home?” Additionally, the report demanded accountability from Bangladesh for the persecution of minorities.

Protesters also appealed to international financial institutions like the Asian Development Bank, International Monetary Fund, and the World Bank to ensure Bangladesh adheres to gender and social justice policies before approving further loans. “These organizations must hold Bangladesh accountable for violating its international obligations and the principles these institutions stand for,” protest leaders asserted.

Global brands such as Zara, H&M, Calvin Klein, Abercrombie & Fitch, Gap, Macy’s, Walmart, and Target were urged to reconsider their ties with Bangladesh. Protesters claimed, “The $48 billion export industry of ready-made garments must not come at the cost of human lives. These products are bloodstained with the suffering of religious minorities.” They demanded that these companies pressure the Bangladeshi government to end persecution, warning that continued trade could imply complicity in human rights abuses. “This is a collective responsibility. Silence and inaction are not acceptable,” they concluded.

Dr. Kanchan Anand, a physician and protester, emphasized the universal right to safety and security. “Anywhere in the world, we all have the right to live safe and secure. No one should be hurt. No one should be killed. This is genocide. We need to understand that it’s high time we speak about this and stop this,” she said. Reflecting on her professional experiences, she added, “When I go to the hospital and see patients, I don’t look at their religion. I don’t ask them, Are you Hindu? Are you Muslim? Are you Christian? Are you Sikh? What is your religion? We save all lives. Now, to watch people die and be killed, it’s completely unacceptable. It breaks my heart.”

Madhu Govil from Washington, D.C., expressed her concerns about the lack of media coverage. “This is not acceptable at all. We do not see any voices or any media doing the coverage, which is very unfortunate. Hundreds of thousands of Hindus are being killed. Hundreds and thousands of women are being raped all the time, ever since the regime changed,” she said.

Kanchan Chowdhury, another member of the Hindu community, appealed to the Bangladeshi government to halt the violence. “I just want to say to the Bangladesh government, stop killing Hindu people. We want peace. And Hindus are very peaceful people.”

A protester who identified as British Bangladeshi shared her perspective: “I was born British Bangladeshi and came here seeking freedom of religion. Looking back at Bangladesh, it’s heartbreaking to see what has happened to our community. In 1971, Hindus made up 30 percent of the population; now, it’s less than 8 percent—perhaps even as low as 2 percent. With every new government, our people have faced increasing suffering and persecution.”

Clinton Chaudhary added historical context, noting that such atrocities had been occurring since 1971. “Hindus have never been granted their rightful place or protections in Bangladesh. Over the years, governments have used Hindus as shields, but this must stop. The killing of Hindus and attacks on temples cannot continue,” he said. “We all have the right to live peacefully in our own land, and efforts to erase the Hindu community from Bangladesh must end. Bangladesh is not just the land of one group—it is our land too, and we must preserve it for future generations.”

Trump Reaffirms Tough Immigration Policies, Suggests Flexibility for Dreamers

In an interview with Kristen Welker on “Meet the Press,” President-elect Donald Trump stated his intention to pursue a comprehensive deportation program targeting individuals residing in the United States illegally. He emphasized, “you have no choice” but to remove all undocumented immigrants, including potentially deporting American citizen family members of those individuals. Additionally, Trump plans to end birthright citizenship, a right guaranteed under the 14th Amendment of the U.S. Constitution. Despite these hardline measures, he expressed a willingness to work with Democrats to protect Dreamers—undocumented immigrants brought to the U.S. as children—allowing them to stay in the country.

Trump’s remarks represent his most detailed comments on immigration since his election victory in November. He reiterated his campaign pledge to focus first on deporting undocumented immigrants with criminal records before extending efforts to include others. “We have to get the criminals out of our country,” Trump asserted. However, he declined to clarify the specific crimes that would qualify for deportation.

Addressing the deportation program’s scope, Trump acknowledged its difficulty but insisted it is necessary. “It’s a very tough thing to do…but you have rules, regulations, laws. They came in illegally,” he explained. He contrasted undocumented immigrants with those waiting for legal entry, saying, “The people that have been treated very unfairly are the people that have been on line for 10 years to come into the country.”

When pressed by Welker on who else might face deportation, Trump said, “Others are other people outside of criminals,” suggesting the program could expand beyond those with criminal records.

The discussion comes amid an increase in unauthorized border crossings during President Joe Biden’s tenure, though recent executive actions have reduced the numbers. Trump has long made border security a cornerstone of his political agenda, frequently citing crimes committed by undocumented immigrants to justify stricter policies. However, a 2024 study by the National Institute of Justice found that undocumented immigrants in Texas were arrested for violent crimes at less than half the rate of native-born Americans between 2012 and 2018.

Trump also addressed families with mixed immigration status, where some members are U.S. citizens while others are undocumented. Echoing comments by Tom Homan, his choice for border czar, Trump indicated that such families would be deported together. “I don’t want to be breaking up families,” he said, adding, “The only way you don’t break up the family is you keep them together and you have to send them all back.”

Welker questioned Trump about the controversial zero-tolerance policy from his first term, which led to the separation of families at the border. Trump ultimately ended the practice but faced widespread criticism. “We don’t have to separate families,” he said. “We’ll send the whole family very humanely back to the country where they came.”

When asked if family separations would return under his administration, Trump responded, “It depends on the family. If they come here illegally but their family is here legally, then the family has a choice. The person that came in illegally can go out, or they can all go out together.”

Trump also announced plans to end birthright citizenship, describing it as “ridiculous” and vowing to achieve this through executive action. Such a move would almost certainly face legal challenges. Trump argued that birthright citizenship is unique to the U.S., stating, “We’re the only country that has it, you know.” However, a review by the Library of Congress contradicts this claim, noting that over 30 countries, including Canada and Brazil, grant birthright citizenship.

In contrast to his firm stance on deportations and birthright citizenship, Trump adopted a more conciliatory tone when discussing Dreamers—individuals covered under the Deferred Action for Childhood Arrivals (DACA) program. Many Dreamers have lived in the U.S. for decades and are now contributing members of society. “We have to do something about the Dreamers,” Trump said. “These are people that have been brought here at a very young age, and many of these are middle-aged people now; they don’t even speak the language of their country.”

Trump emphasized his willingness to collaborate with Democrats to address the status of Dreamers. “I will work with the Democrats on a plan,” he said, acknowledging that many Dreamers have established successful lives in the U.S. “Some of them are no longer young people, and in many cases, they’ve become successful. They have great jobs. In some cases, they have small businesses. Some cases they might have large businesses, and we’re going to have to do something with them.”

Trump’s immigration policies remain a polarizing issue, blending stringent enforcement measures with selective accommodations for certain groups. His plans to end birthright citizenship and expand deportations signal a continuation of the hardline approach that defined his first presidential campaign. At the same time, his openness to bipartisan solutions for Dreamers suggests some room for compromise in an otherwise uncompromising agenda.

Wall Street Forecasts: S&P 500 Targets for 2025 Highlight Optimism Amid Anticipated Trump Presidency

A collection of major Wall Street firms, including JPMorgan Chase, Wells Fargo, and Bank of America, has unveiled their projections for the S&P 500 in 2025. Collectively, these financial institutions predict that the U.S. stock market will reach new record highs next year, buoyed by expectations of a favorable economic environment under a potential Donald Trump presidency, according to Yahoo! Finance.

Among the firms, Wells Fargo stands out with the most optimistic forecast, projecting that the S&P 500 could soar to 7,007 by the end of 2025. Christopher Harvey, an equity strategist at Wells Fargo, expressed confidence in a note to investors, stating, “On balance, we expect the Trump Administration to usher in a macro environment that is increasingly favorable for stocks at a time when the Fed will be slowly reducing rates. In short, a backdrop where equities continue to rally.”

Harvey attributed this anticipated growth to several factors, including robust corporate profits, faster-than-expected economic expansion, and a regulatory landscape that supports businesses. Summarizing the outlook, he noted, “2025 is likely to be a solid-to-strong year.”

Other Wall Street players, while slightly less bullish, share the general optimism. Yardeni Research and Deutsche Bank have set their sights on the S&P 500 climbing to 7,000 next year. Meanwhile, HSBC and BMO Capital Markets are forecasting the index to reach 6,700.

Several firms have adopted more conservative estimates. Bank of America anticipates the S&P 500 rising to 6,666 by the end of 2025. Similarly, RBC Capital Markets and Barclays have set a target of 6,600 for the index.

Further down the spectrum, JPMorgan Chase, Morgan Stanley, and Goldman Sachs all predict that the S&P 500 will hit 6,500 within the next 12 months. UBS offers the most reserved forecast, with an expected peak of 6,400 for the index in 2025.

The diversity in these projections reflects varying expectations about the interplay of economic, political, and regulatory factors. While all firms foresee gains in the S&P 500, the range of predictions highlights the complexities of assessing market trajectories in a dynamic environment.

Trump’s Vision for His Second Term: Policy Plans and Promises

President-elect Donald Trump has laid out his agenda for his upcoming presidency, detailing plans to address a range of issues including immigration, the economy, and foreign policy. Speaking in a recent interview with Kristen Welker of NBC News’ “Meet the Press,” Trump emphasized several key areas where he plans to make immediate and sweeping changes upon taking office on January 20. These include granting pardons to those convicted in the January 6 Capitol attack, extending tax cuts, and working towards legislative solutions to ensure Dreamers can remain in the United States legally.

Trump also indicated his intention to deport millions of undocumented immigrants, a move he reiterated as part of his broader approach to immigration reform. Regarding the January 6 rioters, Trump expressed that he would issue pardons on his first day in office, citing the harsh treatment they have endured in prison. “These people are living in hell,” Trump stated, underscoring his commitment to taking action.

In the interview, Trump spoke about the extension of tax cuts passed during his first term, stating he would work to maintain those policies. He also made it clear that he would not impose restrictions on abortion pills. In terms of immigration, Trump reiterated his stance on deportation, saying he would begin by targeting convicted criminals and proceed with broader efforts to remove those who entered the country illegally. He also emphasized his intent to tackle birthright citizenship, stating that he might seek a constitutional amendment to end the practice, which guarantees citizenship to anyone born on U.S. soil, regardless of the parents’ legal status.

Despite these hardline positions, Trump showed flexibility on certain issues. When discussing the future of Dreamers, the young undocumented immigrants brought to the U.S. as children, he expressed willingness to work with Democrats on a legislative solution to allow them to stay in the country. “I will work with the Democrats on a plan,” he said, acknowledging the positive contributions of many Dreamers who have become successful in the U.S.

On the subject of raising the federal minimum wage, which has remained stagnant at $7.25 per hour since 2009, Trump indicated he might consider such a move but emphasized the need for discussions with state governors. “I will agree, it’s a very low number,” he said, signaling openness to raising the wage.

Trump’s comments extended to his approach to federal programs like Social Security and Medicare, where he promised not to raise the age for eligibility or impose cuts, which had been proposed by other figures such as Elon Musk and Vivek Ramaswamy. When asked about whether increasing the eligibility age or cutting benefits was “off the table,” Trump firmly agreed, saying, “I won’t do it.”

Trump’s posture throughout the interview remained calm and measured, but at times he engaged in pointed exchanges with Welker, especially when questioned about past statements. When asked about the 2020 election, Trump repeated his claim that the election was “stolen,” refusing to accept Joe Biden’s victory. He explained that he believed the 2020 race was “too big to rig,” in contrast to this year’s election, which he described as less susceptible to manipulation. Trump expressed pride in his election win, emphasizing his success in the popular vote and his capture of all seven key battleground states. “I’m getting called by everybody,” he said, recounting that Jeff Bezos, founder of Amazon and owner of The Washington Post, had even reached out for dinner. “People like me now, you know?” Trump remarked, reflecting on his increased popularity compared to his first presidential run.

In a strikingly mixed message, Trump discussed political retribution, expressing that although he feels he has been wronged, he would not seek vengeance through a special prosecutor to investigate Biden. “I’m not looking to go back into the past,” he said. “Retribution will be through success.” Nonetheless, Trump made it clear that he would seek to appoint loyal allies to key law enforcement positions, including Pam Bondi for attorney general and Kash Patel for FBI director. These appointments, Trump suggested, would have autonomy in their work. He also targeted figures involved in investigations into his actions, calling special counsel Jack Smith “very corrupt” and labeling the members of the House committee investigating January 6 as “political thugs and, you know, creeps,” adding that they should face jail time for their conduct.

In terms of foreign policy, Trump reiterated his aim to bring an end to the war in Ukraine, though he hinted that the U.S. might reduce military aid to the country under his administration. When questioned about NATO, Trump suggested that the U.S. could withdraw from the alliance if European nations did not fulfill their financial obligations. “If they pay their bills, absolutely,” he said, signaling his conditional support for NATO. On Syria, Trump expressed doubt about President Bashar al-Assad’s ability to maintain power, given the challenges he has faced, but acknowledged that Assad has remained resilient despite expectations of his downfall.

Trump also indicated that his second term would emphasize unity, a contrast to the divisive rhetoric of his first term. When asked whether the message of his second inaugural address would be similar to his 2017 speech, which famously highlighted “American carnage,” Trump asserted that his new message would focus on healing and bringing the country together. “We’re going to have a message,” he said, adding, “It’s going to be a message of unity.” When Welker pressed him on whether that meant there would be “no American carnage,” Trump confirmed, saying, “No American carnage, no.”

Trump’s comments also covered his personal plans for his second term. He confirmed that his children would not be joining him in the White House as aides, as they did during his first term. While he did not reveal the role his wife, Melania Trump, would play, he described her as both “very elegant” and “very popular.”

Trump’s vision for his second term remains focused on addressing key issues that resonate with his base, from immigration reform to tax cuts and foreign policy shifts. His willingness to work with Democrats on issues such as Dreamers and his openness to raising the minimum wage reflect his nuanced approach to governance. At the same time, his hardline stance on issues like deportation and birthright citizenship signals his commitment to his core policy promises. The coming months will determine how these promises are translated into action as Trump prepares to take office again in 2025.

U.S. Appeals Court Upholds Law Mandating ByteDance to Divest TikTok or Face Ban

A U.S. federal appeals court on Friday upheld a law that mandates Chinese-based ByteDance to sell its widely-used short video app TikTok in the U.S. by early next year or face a ban. This ruling marks a significant victory for the Justice Department and critics of the Chinese-owned app, presenting a severe setback for ByteDance. The decision raises the likelihood of an unprecedented ban on TikTok, which is used by 170 million Americans, in just six weeks.

In response to the ruling, TikTok has announced plans to appeal to the Supreme Court.

The appeals court’s support for the law highlights bipartisan backing, with both Republican and Democratic lawmakers and two U.S. presidents agreeing that the law is part of a larger effort to counter a national security threat posed by the People’s Republic of China (PRC). The Justice Department has expressed concerns that under Chinese ownership, TikTok could misuse its access to vast amounts of personal data of U.S. citizens and manipulate the content consumed by Americans.

Attorney General Merrick Garland stated that the decision is “an important step in blocking the Chinese government from weaponizing TikTok.”

On the other hand, the Chinese Embassy in Washington condemned the law as “a blatant act of commercial robbery” and cautioned the U.S. to handle the case with care to avoid damaging mutual trust between the two nations and harming bilateral relations.

The ruling comes amid escalating trade tensions between the U.S. and China. Recently, the Biden administration imposed new restrictions on China’s chip industry, and in retaliation, Beijing placed a ban on the export of gallium, germanium, and antimony to the U.S.

The decision by U.S. appeals court judges Sri Srinivasan, Neomi Rao, and Douglas Ginsburg rejected legal challenges from TikTok and its users. The law requires ByteDance to divest TikTok’s U.S. assets by January 19 or face a ban.

TikTok CEO Shou Zi Chew expressed disappointment over the ruling but affirmed the company’s commitment to defending free speech. “While today’s news is disappointing, rest assured we will continue the fight to protect free speech on our platform,” Chew said in an email to staff.

Free speech advocates were quick to criticize the court’s ruling. The American Civil Liberties Union (ACLU) decried the potential TikTok ban, stating, “Banning TikTok blatantly violates the First Amendment rights of millions of Americans who use this app to express themselves and communicate with people around the world.”

The court’s analysis highlighted concerns over China’s potential influence over U.S. public discourse through TikTok, emphasizing that China’s ability to manipulate information undermines fundamental free speech principles. The court argued that the First Amendment prevents the U.S. government from exercising similar control over social media platforms within its borders.

This decision, unless overturned by the Supreme Court, places TikTok’s future in the hands of President Joe Biden, who will need to decide whether to grant a 90-day extension for ByteDance to divest TikTok, a decision that will take effect before Donald Trump’s inauguration. However, it remains uncertain whether ByteDance could prove that it has made significant progress toward a sale, and whether the Chinese government would approve the transaction.

Trump, who attempted to ban TikTok during his first term in 2020, has already stated before the November presidential election that he would not allow a TikTok ban. The law also grants the U.S. government sweeping powers to ban other foreign-owned apps over concerns about the collection of Americans’ data, which could pave the way for further actions against other foreign social media platforms. In 2020, Trump also tried to ban Tencent-owned WeChat, but the courts blocked that attempt.

If TikTok is banned, advertisers would be forced to find alternative platforms for their ads. This prospect sent shares of Meta Platforms, a competitor to TikTok in the online ad space, to an intraday record high, closing up by 2.4%. Google’s parent company, Alphabet, which competes with TikTok through its YouTube platform, also saw a 1.25% increase in its stock price.

The ruling, penned by Judge Ginsburg, a Ronald Reagan appointee, and supported by Judges Rao, a Trump appointee, and Srinivasan, an Obama appointee, acknowledged the significant consequences of the decision. The court explained that its ruling would lead to TikTok’s ban on January 19 unless an extension is granted. ByteDance, valued at $268 billion in December 2023, has received backing from investors such as Sequoia Capital and KKR & Co. It recently offered to repurchase $5 billion worth of shares from investors.

The law also prohibits app stores like Apple and Google from offering TikTok, and bars internet hosting services from supporting the app unless ByteDance divests TikTok by the deadline.

Apple and Google declined to comment on the ruling, with Apple not responding to a request for comment.

Judge Srinivasan, in a concurring opinion, noted the profound impact of the ruling, especially considering TikTok’s extensive reach in the U.S. “170 million Americans use TikTok to create and view all sorts of free expression and engage with one another and the world,” Srinivasan wrote. “And yet, in part precisely because of the platform’s expansive reach, Congress and multiple Presidents determined that divesting it from China’s control is essential to protect our national security.”

Smartphone Giants Eye India Amid Stagnation in Western Markets

The major players in the smartphone industry face mounting challenges as the dynamics of the global market shift. Slowing growth, potential cost increases due to reinstated Trump-era tariffs, and skepticism over AI’s role in phones have left companies seeking solutions. One promising answer lies in India, a nation poised to become the world’s third-largest economy with vast untapped potential in its smartphone market.

“There’s no other market of the size which still has about 50 percent penetration, about half a billion people without a smartphone. So there’s a lot of room for growth,” says Navkendar Singh, associate vice president of devices research at IDC India.

Unlike Western markets, where smartphones often complement other devices like laptops or PCs, Indian consumers primarily rely on smartphones as their sole gateway to the internet. Singh explains, “India is not a multi-device market. People don’t buy a laptop, a tablet, and a phone. A phone remains, for 700 million people, the first and the only device with which they access the internet, compared to about 220 million PC users in India, including corporate PCs.”

This distinction has shaped India into a unique market where strategies successful in the West need rethinking. The dominance of Vivo, a Chinese brand under the BBK Electronics group, highlights this difference. Vivo led the Indian market with a 15.8 percent share in the third quarter of 2024, outperforming global giants like Samsung. Vivo’s innovations in camera technology, such as the gimbal sensor stabilization in the Vivo X50 Pro, have resonated with Indian consumers.

“Because of cheap data and the entry of the Chinese brands into India over the past seven, eight years, [Chinese manufacturers] really democratized the price points,” Singh notes. This shift allowed India to transition from feature phones to affordable smartphones, paving the way for growth in higher-priced models.

The increasing acceptance of premium smartphones in India reflects a changing mindset. “Value for money has been the common psyche of an Indian consumer, but it is shifting swiftly towards buying more premium phones,” says Neil Shah, vice president at CounterPoint Research. “The phone has become central to every user, with a higher ROI than even buying a car, house, or insurance. Consumers are seeing smartphones as more of an investment opportunity.”

Data supports this trend. The average selling price of smartphones in India rose from $192 in the third quarter of 2020 to $293 in the same period in 2024. Apple has significantly benefited from this shift, with a reported 60 percent increase in market share between 2023 and 2024. Singh attributes this success to Apple’s strong brand appeal, stating, “Considering that the average selling price of Apple is so high, it’s an achievement that Apple has done well in the past few years. One of the major reasons is Apple is seen as an aspirational brand in India. It has a brand halo. Everybody would love to buy an iPhone. Not everybody can afford one.”

This aspirational appeal has also fueled sales of older iPhone models, which account for two-thirds to three-quarters of iPhone sales annually. However, Apple’s rise has come at the expense of other brands. OnePlus saw its market share decline by almost 40 percent year-on-year, while Realme and Samsung also experienced significant losses.

“Samsung had opened all fronts; they are fighting all the battles,” Singh observes. “I think there probably was some complacency also.” In 2024, Samsung’s missteps, including overpricing its A-series models, highlighted that even in a dynamic market like India, misjudgments can impact performance.

Contrastingly, the London-based company Nothing emerged as the fastest-growing phone brand in India in 2024, with a 567 percent year-on-year growth driven by its Phone (2a) model. “Nothing is trying to appeal to a similar consumer as OnePlus, at least in its first four or five years,” Singh explains. CEO Carl Pei emphasizes India’s importance, stating, “India’s vibrant market, with its deep appreciation for technology and innovation, is optimal for a brand like Nothing to thrive.”

Beyond handset sales, India’s potential as a manufacturing hub is drawing attention amid rising tensions between China and the West. India has already become a key player in Apple’s supply chain, with the iPhone 15 and 16 models partially manufactured in partnership with Foxconn. According to JPMorgan, by 2025, 25 percent of all iPhones are expected to be made outside China, with India playing a pivotal role. As of fiscal year 2024, $14 billion worth of iPhones—14 percent of global production—were made in India.

Samsung has also invested heavily in Indian manufacturing, opening the world’s largest phone factory in Noida in 2018. While some Samsung models are still produced in partnership with Chinese manufacturers, most of its phones are now made in India, Vietnam, or South Korea. India’s combination of low wages, technical expertise, and a large domestic market makes it an attractive alternative to China.

However, transitioning production entirely to India is far from straightforward. Singh cautions, “You might be hearing terms of ‘manufacturing in India’ and ‘made in India,’ but you have to be slightly careful when the case right now is really ‘assembled in India.'” True manufacturing, particularly for components like processors, remains highly complex and centralized in hubs like Taiwan.

TSMC, the Taiwanese semiconductor manufacturer, dominates global production of advanced chipsets, making around 90 percent of them. This includes processors for Apple, Nvidia, and Tesla. Singh underscores the geopolitical risks, noting that a potential Chinese invasion of Taiwan could disrupt global tech supply chains. “There’s no simple ‘divert manufacturing to India’ answer to that predicament,” he adds.

India’s evolving smartphone market offers immense opportunities but also presents unique challenges. As global tensions and market shifts reshape strategies, the next few years will test how effectively companies can balance innovation, affordability, and geopolitical realities in their pursuit of growth in India.

Khanna Addresses Health Care Debate and Federal Spending Amid UnitedHealthcare CEO’s Death

Following the tragic death of UnitedHealthcare CEO Brian Thompson, Rep. Ro Khanna, D-Calif., expressed his condolences while acknowledging the intense debate that his killing sparked regarding inequalities in the U.S. health care system. While Khanna made it clear that violence could not be justified, he remarked that the widespread reaction to Thompson’s death came as no surprise.

“There is no justification for violence,” Khanna said during an interview on ABC’s “This Week” with anchor Martha Raddatz. “But the outpouring afterwards has not surprised me.” His comments followed the killing of Thompson, which led to a significant manhunt for the suspected perpetrator and a national conversation about the high costs associated with health care in the United States. The incident also ignited online discussions about the role of the insurance industry in these rising costs.

Khanna aligned himself with independent Senator Bernie Sanders’ view on the issue, which critiques the massive spending on healthcare administration. Sanders argued that the U.S. wastes billions of dollars annually on administrative expenses in health care, money that enriches insurance CEOs and wealthy stockholders while millions of Americans remain underinsured or lack coverage altogether. “We waste hundreds of billions a year on health care administrative expenses that make insurance CEOs and wealthy stockholders incredibly rich while 85 million Americans go uninsured or underinsured. Health care is a human right. We need Medicare for All,” Sanders wrote. Khanna echoed these sentiments, saying, “After years, Sanders is winning this debate.”

While Khanna expressed agreement with Sanders’ stance on health care, he also discussed the broader issues surrounding federal spending, notably in defense. He mentioned his support for President-elect Donald Trump’s initiative to establish a “Department of Government Efficiency” aimed at reducing wasteful federal spending. The president-elect appointed Elon Musk and Vivek Ramawamy to lead the new department, and they recently visited Capitol Hill to discuss their plans. Khanna shared his views on the need to focus on cutting unnecessary expenses, particularly in health care and defense.

“They should look at the extraordinary waste,” Khanna told Raddatz, stressing the importance of examining both Medicare and private health costs. He also suggested that addressing inefficiencies in defense spending could garner significant bipartisan support. “I think when it comes to defense, getting better defense for value and cutting costs, there can be huge bipartisan cooperation,” he stated.

Despite his support for efforts to cut wasteful spending, Khanna emphasized that certain critical programs should remain untouched. He firmly stated that cuts to Social Security, the Consumer Financial Protection Bureau (CFPB), and Medicare should not be part of any cost-cutting initiatives. His comments reflect the ongoing debate in Congress about the need to address the U.S. debt, which has surpassed $36 trillion.

Khanna also revealed that he has been in communication with Musk regarding his plans to reduce federal spending. He praised Musk’s role in advancing space exploration with the Obama administration, noting that his efforts in the private sector had made a significant impact.

In addition to his thoughts on health care and federal spending, Khanna was asked to weigh in on the ongoing discussions regarding the potential ban of TikTok in the U.S. Following a recent Federal Appeals Court ruling, which rejected TikTok’s bid to overturn a law requiring the app to find a new owner or face a ban, the future of the platform in the U.S. remains uncertain. Khanna had previously expressed his opposition to a bill that would force TikTok to divest from its Chinese parent company or face a ban. He believed that such a move would likely face constitutional challenges.

“I don’t think it’s going to pass First Amendment scrutiny because I think there are less restrictive alternatives,” Khanna said in an earlier interview on “This Week.” He reiterated his stance on Sunday, expressing confidence that TikTok would not face a ban. “Let’s see where it goes with the Supreme Court,” he said, noting how many politicians themselves use the platform.

Khanna’s comments reflect his broader views on balancing security concerns with the protection of individual rights, a theme that resonates across many of his policy positions. His responses on both the health care system and the federal spending debate demonstrate his ongoing commitment to reform and efficiency in government.

As the manhunt for Thompson’s killer continues, Khanna’s remarks on health care offer a glimpse into the ongoing national conversation about the role of private insurers, government programs, and corporate spending in shaping the future of U.S. health care. Meanwhile, his thoughts on TikTok underscore his approach to navigating the intersection of technology, national security, and free speech.

Khanna’s perspectives reflect both his alignment with progressive views on health care and his pragmatic approach to addressing broader issues facing the country. The debate sparked by the killing of Thompson may continue to influence both political discourse and policy decisions in the months ahead, particularly as lawmakers confront the challenges posed by rising health care costs, federal debt, and global technology issues.

Stocks Soar to Record Highs as November Jobs Report Fuels Optimism for Fed Rate Cut

Stocks reached unprecedented levels on Friday following the release of a stronger-than-anticipated November jobs report, which bolstered hopes that the Federal Reserve will lower interest rates at its upcoming meeting this month.

The S&P 500 gained 0.25 percent, and the Nasdaq Composite rose by 0.81 percent, both hitting all-time highs. The data revealed a robust rebound in the U.S. job market, with employers adding 227,000 positions in November. This was a substantial recovery from October, when only 36,000 jobs were created due to the impact of strikes and hurricanes. However, the unemployment rate ticked up slightly to 4.2 percent.

The Labor Department’s report offered reassurance to investors, indicating that October’s poor performance stemmed from temporary external disruptions rather than a deeper economic problem. This newfound confidence has led markets to assign an 88 percent probability of a Federal Reserve rate cut by a quarter percentage point at its meeting on December 18, according to the FedWatch tool.

The prospect of rate cuts sent stocks higher, benefiting Americans with 401(k) retirement accounts, which often track major stock indexes. Lindsay Rosner, head of multi-sector investing at Goldman Sachs Asset Management, commented on the developments, saying, “Data this morning was a Thanksgiving buffet with payrolls spot on, revisions positive, but unemployment ticking higher despite the participation rate falling. This print doesn’t kill the holiday spirit and the Fed remains on track to deliver a cut in December.”

Lower interest rates could ease borrowing costs for consumers, providing some relief for household budgets. Bret Kenwell, U.S. Investment Analyst at eToro, remarked, “The market still favors a rate cut from the Fed later this month and this report may not change that expectation. Had it shown blistering strength, then a discussion for keeping rates unchanged at the current meeting may have gained steam. As it is though, this report was better than expected but close enough to ‘in-line’ to keep the status quo intact – which calls for a 25 bps rate cut in mid-December.”

While the Federal Reserve’s benchmark rate does not directly control interest rates for loans, credit cards, and mortgages, it significantly influences them. Businesses typically benefit from lower rates, as borrowing becomes less costly, often resulting in stock market gains. Tom Porcelli, chief U.S. economist at PGIM Fixed Income, told Bloomberg TV, “This is a kind of number that will support the Fed cutting rates in December.” He also predicted that two or three additional cuts in the coming year are “completely reasonable.”

Since September, the Federal Reserve has reduced interest rates by 75 basis points as part of its easing cycle, bringing benchmark borrowing costs to between 4.5 and 4.75 percent. This follows a period of aggressive hikes between March 2022 and July 2023, when rates were elevated to decade-high levels.

These cuts are expected to affect various aspects of Americans’ financial lives. Credit card and personal loan rates are likely to decrease, offering relief to borrowers. However, how much rates will drop remains uncertain, as banks ultimately set Annual Percentage Rates (APRs), and any reductions may not be immediate.

On the other hand, the impact of rate cuts on the broader economy remains mixed. While economic growth continues at a steady pace, inflation persists above the Federal Reserve’s target of 2 percent. Additionally, policy uncertainty stemming from President-elect Donald Trump’s upcoming administration adds complexity to the outlook.

Business optimism surged following Trump’s electoral victory, driven by hopes for reduced regulations. However, his pledges to increase tariffs on imports and enforce mass deportations have raised concerns about potential price hikes and labor market disruptions.

Looking ahead, traders anticipate two more Federal Reserve rate cuts in 2025, with a possibility of a third before the year’s end. These expectations reflect ongoing efforts to balance economic expansion with inflation control, despite an uncertain political and policy environment.

As Porcelli noted, the Federal Reserve’s actions in the coming months could significantly influence borrowing costs and broader financial conditions. However, consumers and businesses alike will have to wait to see how these changes translate into tangible benefits.

Trump Secures Presidency and GOP Dominance, But Faces Challenges Ahead

Donald Trump has emerged victorious in the 2024 presidential election, securing both the popular vote and the Electoral College for the first time in three election cycles. His Electoral College win, with 312 votes to his opponent’s 226, was more decisive than his 50% to 48.4% edge in the popular vote. This triumph is further amplified by the Republican Party gaining control of both the House of Representatives and the Senate, albeit with slim majorities.

While Republicans celebrate the 2024 election as a monumental achievement, history provides perspective. It pales in comparison to landslide victories such as Franklin D. Roosevelt’s 1936 win over Republican Alf Landon, where Roosevelt garnered 60.8% of the popular vote to Landon’s 36.5%. Similarly, Lyndon B. Johnson defeated Barry Goldwater in 1964 with 61.1% of the popular vote, and Richard Nixon crushed George McGovern in 1972 with 60.7% to 37.5%.

From the era of Andrew Jackson, U.S. presidents have often claimed a “mandate” from the electorate, asserting themselves as representatives of the people’s will. However, the Constitution distributes power among the executive, legislative, and judicial branches while also recognizing states’ authority to pursue their own policies. This design prevents overreach and underscores a historical lesson: even the most dominant presidents have faced limits on their authority.

As a proverb wisely reminds us, “Pride goeth before destruction, and a haughty spirit before a fall.” The experiences of past leaders with overwhelming mandates illustrate the consequences of overconfidence.

Franklin D. Roosevelt, who secured a massive victory in 1936, saw his attempt to expand the Supreme Court backfire, damaging his political capital. Similarly, Lyndon Johnson’s sweeping 1964 win did not shield him from the fallout of his unpopular Vietnam War policies, which eroded public support. Richard Nixon’s commanding 1972 re-election was overshadowed by the Watergate scandal, which led to his resignation.

Trump, even before officially resuming office, is already showing signs of overconfidence. His selection of key appointments has sparked controversy and echoes the hubris of historical figures like the Roman Emperor Caligula, who notoriously considered appointing his horse as a consul.

While some of Trump’s choices are considered credible—such as Senator Marco Rubio for Secretary of State and Scott Bessent for Treasury Secretary—others have raised eyebrows. His proposed Attorney General, Matt Gaetz, faced scrutiny due to an ongoing investigation into alleged sex trafficking, though Gaetz ultimately withdrew from contention. Additional appointments include Tulsi Gabbard as Director of National Intelligence, despite limited experience in the field; Fox News host Pete Hegseth as Secretary of Defense; vaccine skeptic Robert F. Kennedy Jr. as Secretary of Health and Human Services; and Dr. Mehmet Oz, who has been criticized for promoting unproven remedies, as administrator of the Centers for Medicare and Medicaid Services.

These selections suggest a determination to challenge conventional norms, if not upend them entirely. Trump’s willingness to bypass traditional FBI vetting processes for nominees and his prioritization of personal loyalty over expertise reveal an apparent disdain for institutional norms and a preference for taking risks. “His faith in his own judgment,” the article observes, “and his apparent willingness to bypass traditional FBI vetting, demonstrates relative contempt for expertise and a willingness… to play dice with the nation’s future.”

This approach aligns with Trump’s broader tendency to prioritize loyalty to himself over adherence to constitutional principles. The pattern of controversial appointments underscores concerns that he may be overestimating the significance of his electoral win and testing the limits of his authority.

As Trump prepares to take office, the challenges before him are considerable. History shows that even leaders with substantial public support and legislative majorities must navigate the constraints of the Constitution and the complexities of governance. Trump’s ability to balance his ambitions with the realities of shared power will determine whether he can succeed where others have faltered.

Biden Administration Analyzes Rapid Developments in Syria as Assad’s Regime Teeters on the Brink

Officials in the Biden administration are closely monitoring the swift advances of Syrian rebels, who are now threatening the regime of President Bashar al-Assad. Five US officials told CNN that Assad’s government could potentially collapse within days. The unexpected speed of the rebel offensive has led some analysts to believe that the Syrian leader’s 14-year grip on power may soon come to an end.

While the possibility of Assad’s downfall has garnered attention, officials emphasized that there is no formal consensus on the matter. “The emerging consensus is that this is an increasingly plausible scenario,” a senior US official stated. Another added, “Probably by next weekend the Assad regime will have lost any semblance of power.” However, they noted that only a well-executed coup within Assad’s circle could delay the rebels’ progress. “Assad’s folks have done a good job of stifling any potential competitors,” the official observed.

One source with knowledge of US intelligence highlighted that the rebels have been successful primarily because government forces have avoided prolonged engagements. The areas where rebels have made the most headway—Aleppo, Idlib, and Hama—are not strongholds of regime support, allowing for limited resistance. “The question is whether regime forces actually stand their ground when it comes to Damascus,” the source added.

The rebels’ momentum has brought them to the outskirts of Homs, Syria’s third-largest city, as they move south toward Damascus. The capital is now within their sights after the rapid capture of major cities over the past week.

Caught off guard by the pace of these developments, the Biden administration is reassessing its approach to Syria. The collapse of Assad’s forces has left only a weakened army to defend the president and the capital. This miscalculation echoes past errors in US intelligence, such as the overestimation of the Afghan government’s resilience and the underestimation of Ukraine’s ability to withstand a Russian invasion. Following these misjudgments, the intelligence community launched a review of how it evaluates the “will to fight” of foreign militaries.

National Security Adviser Jake Sullivan, addressing the situation, stated that the US would not directly intervene in the Syrian civil war but would work to prevent a resurgence of ISIS. Speaking at the Reagan National Defense Forum, Sullivan said, “What we are going to do is focus on the American national security priorities and interests.”

Syria’s civil war, which began in 2011 during the Arab Spring, has claimed over 300,000 civilian lives and displaced millions. The current rebel offensive, led by the group Hayat Tahrir al-Sham (HTS), marks the most significant escalation in years. HTS, which the US designates as a terrorist organization, was previously affiliated with al Qaeda. Sullivan expressed concerns about the group’s goals, stating, “We have real concerns about the designs and objectives of that organization.” However, he also remarked, “At the same time, of course, we don’t cry over the fact that the Assad government, backed by Russia, Iran, and Hezbollah, are facing certain kinds of pressure.”

Despite their critical role in supporting Assad, neither Iran nor Russia seems poised to intervene decisively. Russia remains preoccupied with its ongoing conflict in Ukraine, while Iran’s regional influence has been diminished by Israeli strikes on its air defenses and allied groups. According to one US official, HTS capitalized on the distraction of Assad’s allies and the world’s inattention to Syria.

The Pentagon, which has approximately 900 troops stationed in Syria, has not announced any changes to its operations. Officials are adopting a cautious approach, implementing additional force protection measures while monitoring the situation. The US continues to work with the Kurdish-led Syrian Democratic Forces (SDF) on anti-ISIS missions, although the SDF maintains contact with HTS. The US itself avoids communication with HTS due to its terrorist designation.

Turkey’s role in the rebel advance remains ambiguous. US officials believe Ankara may have tacitly approved HTS’s offensive but has not offered explicit support. The safety of Assad’s chemical weapons stockpile, including chlorine and sarin, has become a pressing concern for the Biden administration. Assad has used these weapons in the past, provoking international outrage.

Speculation about Assad’s potential escape plan is rife. Moscow or Tehran could offer him refuge, but it remains unclear whether the rebels will target Latakia, a stronghold of the Alawite sect to which Assad belongs.

The potential fall of Assad’s regime also comes at a politically sensitive time in the United States. As President Joe Biden prepares to transfer power to President-elect Donald Trump, the incoming leader has already voiced his opposition to US involvement in Syria. “Syria is a mess, but is not our friend,” Trump wrote on social media, urging the US to adopt a hands-off approach and concluding, “LET IT PLAY OUT. DO NOT GET INVOLVED!”

During his first term, Trump responded to Assad’s chemical attacks with airstrikes but later sought to withdraw US forces from northern Syria, leaving a residual presence for anti-ISIS operations. Senator Lindsey Graham, a close ally of Trump, has emphasized the importance of ensuring the security of ISIS prisoners in northeast Syria. “If there is a further collapse of the Syrian government, I fear that US forces could be put in jeopardy. It is therefore imperative that we have contingency plans to reinforce our troops to make sure the anti-ISIS mission does not collapse,” Graham warned on social media.

As the situation unfolds, the Biden administration faces complex challenges. While the prospect of Assad’s fall could signal an end to years of brutal conflict, the uncertainty surrounding Syria’s future raises questions about regional stability and the safety of vulnerable populations.

Joe Biden’s Legacy: Challenges Await Donald Trump in January

Joe Biden’s presidency appears set to leave behind a legacy of significant challenges for Donald Trump when he assumes office on January 20. The issues range from economic instability, including a skyrocketing $36 trillion federal debt—up by $13 trillion since 2020—to broader domestic and international crises. These include persistent inflation despite falling energy prices, dangerously depleted Strategic Petroleum Reserves, and a dwindling weapons stockpile. Other concerns include an educational system that struggles to teach basic skills, a housing crisis, a manufacturing slowdown, and a Justice Department facing waning public confidence.

Compounding these problems is the responsibility of managing U.S. involvement in Ukraine’s war with Russia and restoring stability in the Middle East. The multitude of challenges underscores the urgency for Trump to prepare to “hit the ground running.”

“If Joe Biden were a decent fellow and a patriot,” the article states, “he would be using his remaining weeks as president to fix some of the disasters he has created. Instead, he is doing just the opposite.”

Rather than seeking to rectify the issues created under his administration, Biden appears focused on spending what remains of the $375 billion authorized by the Inflation Reduction Act (IRA). The administration’s approach seems designed to ensure that these funds, controlled by former Hillary Clinton campaign chair John Podesta, remain out of reach for Trump’s incoming team.

Despite the billions allocated for green initiatives and infrastructure projects, including $7.5 billion for electric vehicle charging stations and $42 billion to improve rural internet access, many programs have failed to deliver results. For instance, Transportation Secretary Pete Buttigieg’s promise of 500,000 charging stations resulted in only eight being constructed. Similarly, Vice President Kamala Harris’s internet expansion efforts yielded little progress, symbolizing the administration’s inefficiency.

A hidden-camera video from Project Veritas captured Environmental Protection Agency adviser Brent Efron acknowledging the administration’s race to spend IRA funds. “Now we’re just trying to get the money out as fast as possible before they come in and stop it all,” Efron said, likening the situation to being on the Titanic and “throwing gold bars off the edge.” He also admitted that safeguards to prevent fraud and abuse had been overlooked in the rush, with funds being directed to tribes, nonprofits, and states to circumvent potential clawbacks by a Trump administration.

Tesla CEO Elon Musk commented on the video, suggesting it shows “The U.S. government is actively working to undermine the American people.”

In another move perceived as undermining Trump’s agenda, Biden agreed to protect some 42,000 Social Security Administration employees from returning to in-person work, a decision that complicates efforts to reform the federal workforce.

Additionally, Biden has not prioritized refilling the Strategic Petroleum Reserve (SPR), which was depleted in 2022 to combat soaring gasoline prices. At the start of Biden’s presidency, the SPR held 638 million barrels of crude oil; today, it holds just 392 million barrels, marking the lowest reserve level in 40 years. Although there has been a 12 percent increase in reserves over the past year, the stockpile remains insufficient to cushion against significant price shocks.

On the fiscal front, Biden leaves behind a Treasury portfolio that relies heavily on short-term debt, a shift attributed to Treasury Secretary Janet Yellen. Instead of issuing long-term bonds to finance the $1.8 trillion federal budget deficit, Yellen opted for two-year Treasury bills to avoid triggering a surge in mortgage rates. However, this strategy has left the country vulnerable to higher interest costs.

Robbert van Batenburg of the Bear Traps Report estimates that 30 percent of the debt is now in short-term notes, compared to just 15 percent in 2023. “The Treasury now faces a substantial volume of short-term debt maturing annually, which must be refinanced at significantly higher interest rates,” van Batenburg said, emphasizing the strain this will place on future budgets.

Beyond the economic challenges, Detroit automakers are grappling with billions in losses and layoffs, spurred by Biden’s aggressive electric vehicle mandates. Meanwhile, millions of undocumented migrants are straining budgets in cities led by Democrats, violent crime rates have risen due to weakened law enforcement policies, and military leaders warn of dwindling weapon supplies.

The incoming Trump administration will inherit these compounded challenges, described as “land mines on many fronts.”

Rather than attempting to mitigate the damage, the Biden administration appears focused on accelerating its policy agenda. “Now we’re just trying to get the money out as fast as possible before they come in and stop it all,” Efron reiterated in the undercover video.

The extent of the challenges underscores the uphill battle that awaits Trump’s team, as they prepare to address the economic, social, and geopolitical issues left in Biden’s wake.

Macron Vows to Stay in Office Amid Political Turmoil in France and Europe

French President Emmanuel Macron has reaffirmed his commitment to serving his term until 2027, pledging to announce a new government shortly. This declaration comes as France faces escalating political turmoil following the resignation of Prime Minister Michel Barnier after a no-confidence vote in the National Assembly. The political instability, coupled with a similar crisis in Germany, poses significant implications for European security and relations with the United States.

Speaking from the Elysée Palace in Paris, Macron expressed gratitude to Barnier for his service, remarking on his “dedication.” Macron criticized opposition lawmakers for voting out Barnier, accusing them of fostering “chaos” and saying they “don’t want to build, they want to dismantle.”

The crisis in France is particularly pressing given the ongoing war in Ukraine and the upcoming inauguration of U.S. President-elect Donald Trump. Analysts note that with caretaker governments now running two of Europe’s major economies, the continent’s ability to address critical security and economic challenges may be compromised.

Barnier had assumed office only three months ago following snap elections that resulted in a fractured parliament with no clear majority. His proposed 2025 national budget became a flashpoint for opposition lawmakers, who united across ideological lines to pass the no-confidence vote. With the government now dissolved and no budget approved, the legislative process in France is effectively stalled.

Pollster Mathieu Gallard of Ipsos described the situation as “uncharted territory,” emphasizing the urgency of forming a new government. “Regarding the adoption of the budget, everything is stalled, nothing can move in the parliament before we have a new government,” he said.

The absence of a parliamentary majority is a significant challenge. Gallard pointed out that the French political landscape has evolved from a straightforward left-right dichotomy to a more complex three-block system: a left-wing faction, a center-right faction, and a radical-right faction. This fragmentation makes consensus difficult and limits the incentives for cooperation, even if Macron were to call for fresh elections in 10 months, which is the earliest permitted under the French constitution.

“Before the election of Emmanuel Macron, we had two blocks opposing in French politics, the left and the right, and it was quite simple,” Gallard explained. “Now we have three blocks, and it makes the situation way more complicated.”

In neighboring Germany, a similar crisis has unfolded, with Chancellor Olaf Scholz losing the support of his coalition partners over disputes about economic and budget policies. Scholz now faces a confidence vote later this month, with federal elections scheduled for February.

The political turbulence in France and Germany is alarming for the European Union, according to Tanja Börzel, a political science professor at the Free University of Berlin. While she does not view the crises as an immediate existential threat to the EU, she acknowledges the severity of the challenges. “It’s a major challenge,” Börzel said, highlighting the rising polarization and distrust of governments across the Atlantic.

“These two countries have always, very often, taken the lead in helping Europe to speak one voice,” she added. “I think that’s what is required more than ever with Trump taking over the presidency in the U.S.”

One of the chief concerns for the EU, exacerbated by these crises, is its response to the Ukraine war. Alexandra de Hoop Scheffer, acting president of the German Marshall Fund of the United States, emphasized the urgency of addressing the conflict. Speaking from Washington, D.C., she remarked, “For the EU today, the No. 1 urgency is the Ukraine war.”

De Hoop Scheffer expressed concerns about how the incoming Trump administration might approach the war, noting the potential for decisions that could sideline European interests. “As we know, [there is] a certain dose of anxiety in terms of how the Trump administration will handle the war in Ukraine with the potential deal that might circumvent Europeans,” she said.

The crises in France and Germany have also reignited debates over defense spending versus domestic priorities, often referred to as the “guns versus butter” dilemma. The Ukraine conflict and Trump’s insistence on NATO members meeting their defense obligations have pressured European nations to increase military expenditures. However, these demands clash with the domestic challenges posed by a persistent cost-of-living crisis.

Budget disagreements have played a central role in the downfall of both Barnier in France and Scholz’s coalition in Germany. This instability threatens the EU’s unity on key issues, including its stance on Ukraine.

“At the end of the day, the EU is not united on Ukraine, and it’s always European fragmentations that fuel European weaknesses,” said de Hoop Scheffer, who has previously worked for NATO and the French Defense Ministry. “The crisis of French-German leadership — that truly doesn’t help.”

As 2024 approaches, Europe faces a critical juncture. With its two largest economies grappling with internal strife, the new year could mark a turning point for the European Union and its relationship with the United States.

Trump’s Green Card Proposal Sparks Hope, Skepticism, and Criticism

Five months ago, Donald Trump made a surprising pledge during his campaign, a stark contrast to his previous hardline stance on immigration. Speaking to a group of tech investors on The All-In Podcast, Trump proposed that foreign students graduating from U.S. colleges should receive green cards as part of their diplomas. “What I want to do, and what I will do, is — you graduate from a college, I think you should get automatically, as part of your diploma, a green card to be able to stay in this country,” he said.

If this policy is implemented and approved by Congress, it could create a pathway for millions of international students to become permanent residents. However, these are significant “ifs,” as Trump has not revisited the idea publicly, leaving questions about the specifics and feasibility of such a policy.

A Broader Proposal, Then a Narrower Vision

The U.S. hosted over 1.1 million international students in the 2023-24 academic year, a record high, according to recent data. These students generally hold nonimmigrant visas, which allow them to study but not remain permanently. Trump’s podcast comments marked a sharp departure from his administration’s previous policies that reduced legal immigration and aligned with anti-immigrant rhetoric.

The idea emerged during a conversation with venture capitalist Jason Calacanis, who asked Trump to enhance the U.S.’s ability to attract global talent. Trump expanded on the concept, suggesting that all college graduates, including those from junior colleges and doctoral programs, should be eligible for green cards. Shortly after the podcast, Trump’s campaign spokeswoman Karoline Leavitt clarified that this policy would involve strict vetting to exclude “communists, radical Islamists, Hamas supporters, America haters, and public charges.” She added, “He believes, only after such vetting has taken place, we ought to keep the most skilled graduates who can make significant contributions to America.”

International Students’ Mixed Reactions

For many international students, such a policy could be life-changing. Metolo Foyet, a Ph.D. student from Cameroon at the University of Florida, emphasized the stress of navigating current immigration processes. “Having it would erase that pressure. And we can 100% focus on what we need to do and give back to this country who has given so much to us,” she said.

However, skepticism abounds. Egyptian student Dany Rashwan, studying computer engineering at the University of Florida, initially felt optimistic but quickly recalled how unpredictable policies during the pandemic affected foreign students. “Graduating this semester, it was really difficult to find a job,” Rashwan noted. Out of 200 companies at a career fair, only three offered sponsorship for international students. Similarly, Haomin Huang, a forestry master’s student at the University of Georgia, expressed frustration with the current visa lottery system, which he described as luck-based. He noted that many graduates leave the U.S. for countries with more straightforward immigration pathways. “Because of the immigration policy, they chose to leave,” Huang said.

Universities See Potential for Collaboration

University leaders view Trump’s proposal as an opportunity to address longstanding challenges. Raj Echambadi, president of the Illinois Institute of Technology and co-chair of the Presidents’ Alliance on Higher Education and Immigration, recounted his own struggles as an international student. “From an institutional point of view, I would hope that this green card promise comes through,” he said. Echambadi suggested starting with a narrower pilot program for disciplines critical to national security and economic development, which could still have a substantial impact.

Sarah Spreitzer, vice president of government relations for the American Council on Education, noted that the proposal echoed efforts during Trump’s first term to attract high-skilled immigrants. While those initiatives did not materialize into legislation, Spreitzer found the renewed focus encouraging. “I think it’s an area that we can collaborate with the administration on,” she said.

Criticism from All Sides

Trump’s idea faced immediate backlash from critics, including those who typically support his immigration policies. Mark Krikorian of the Center for Immigration Studies argued it could lead to exploitation and harm American workers. “It would turn every university (and community college!) into a citizenship-selling machine,” he wrote in National Review.

Institute of International Education CEO Allan Goodman also raised concerns, suggesting the policy could exacerbate brain drain in students’ home countries. “The dream that encourages them to study abroad is to improve their countries…automatically issuing very tempting green cards…could upset this dynamic,” Goodman argued in Times Higher Education.

Challenges in Congress and Alternative Approaches

Even if Trump champions this initiative, he would require Congressional support to amend the Immigration and Nationality Act. Krikorian predicted significant resistance. “There will be enormous pushback within Congress, even among his own supporters,” he said. Instead, he proposed reallocating visas from family-based categories to skilled workers or eliminating the diversity visa lottery.

Despite the hurdles, some remain cautiously optimistic. Huang speculated that Trump’s alliance with Elon Musk, an advocate for increased legal immigration, could influence reform. “He might be the one who pushes this,” Huang said.

For now, international students like Foyet remain watchful. “We know that this is politics…It’s one thing to say it, but another thing when you’re in power. Is it going to be a reality?” she said. The future of Trump’s proposal, like the lives of many international students, hangs in the balance.

US economy remains strong despite uncertainty

The US economy is currently performing well, with economists from Bank of America (BofA) projecting continued growth into 2025. According to a research note released on Monday, the bank’s economics team, led by Claudio Irigoyen, anticipates the economy will expand at an annualized rate of 2.4% in 2025. This projection surpasses the consensus estimates, which expect growth of around 2%. Despite the challenges posed by President-elect Donald Trump’s economic policies, including proposed tariffs, corporate tax cuts, and restrictions on immigration, BofA maintains a positive outlook.

These proposed policies, which many economists view as inflationary, could slow economic growth and add pressure to the already high federal deficit. In particular, the Federal Reserve’s decision-making regarding interest rates could be complicated, given the potential economic effects of these policies. Higher rates, combined with a tough tariff stance, would likely strengthen the US dollar, creating ripple effects across global financial markets. BofA has warned that such a combination could lead to “a major shock, not only for the US economy but the rest of the world.”

Despite these concerns, BofA emphasizes that the US is better positioned than many other nations to weather any economic disruptions stemming from Trump’s policies. “We like to say that the US imports a lot of stuff, but it doesn’t import recessions,” said Aditya Bhave, senior US economist at Bank of America, during a press briefing on Monday. “It only exports recessions.” Bhave explained that any changes in US trade policy are more likely to affect other economies than the US itself, due to the inherent resilience of the US economy compared to other developed countries.

Recent economic data supports this optimistic view. Consumer confidence in the US is at its highest level in 18 months, and economic output has reached levels not seen since April 2022. Retail sales in October exceeded expectations, and the unemployment rate remains steady at around 4%. Inflation has also moderated, moving closer to the Federal Reserve’s target of 2%. “The world right now is one in which the US economy has consistently outperformed [for] almost two years,” Bhave said. “Europe is struggling, China is struggling, so the US is going into any potential disruption to trade policy on much more solid footing than Europe and China are.”

One of the most discussed elements of Trump’s economic agenda is his stance on tariffs. The president-elect has promised to impose blanket tariffs of at least 10% on all trading partners, with a particularly harsh 60% tariff on Chinese imports. If other countries retaliate with their own tariffs, the resulting trade war could lead to prolonged inflationary pressures. However, BofA does not expect this scenario to materialize in full. The bank’s baseline forecast anticipates tariffs on China and other countries, but it expects the actual tariffs to be lower than those promised during the campaign. BofA remains “moderately optimistic” that a full-blown trade war can be avoided.

Despite these risks, Bhave noted that tariffs would likely have a larger impact on capital expenditures and exports than on the US itself. “Tariffs can be very disruptive in terms of capital expenditures [and] obviously exports,” he said. However, since the US imports more goods and services from other countries than it exports, the impact of tariffs would be more detrimental to those regions than to the US. “Just by definition, the tariffs pose a much greater threat to those regions than to the US,” Bhave explained.

While there are uncertainties surrounding Trump’s trade policies and other proposed economic changes, BofA’s outlook on the US economy remains positive. The country’s economic resilience, along with strong domestic growth trends, positions it well to handle potential disruptions in global trade. The combination of consumer confidence, strong retail sales, and a steady labor market are key factors supporting this outlook. Furthermore, while tariffs may cause short-term disruptions, their long-term effects are expected to be less severe for the US than for other countries that rely more heavily on exports to the US.

As the US economy heads into 2025, it faces some challenges, but the fundamentals appear strong. The Bank of America’s optimistic forecast of 2.4% growth for the year ahead reflects the confidence that many economists have in the resilience of the US economy. Although trade policies and other economic changes could create uncertainties, the US is better equipped than other nations to manage these challenges. According to Bhave, “The US imports a lot of stuff, but it doesn’t import recessions.” The US economy, supported by strong consumer confidence, solid economic output, and low unemployment, is likely to continue outperforming other developed economies in the years to come.

Tulsi Gabbard Faces Toughest Confirmation Challenge Among Trump’s Picks

Former Representative Tulsi Gabbard of Hawaii, nominated by President-elect Trump to serve as Director of National Intelligence (DNI), is emerging as one of the most contentious confirmation cases in the new administration. While Trump’s other picks, such as Pete Hegseth for Secretary of Defense and Kash Patel for FBI Director, have encountered obstacles, many believe Gabbard’s path is the steepest.

“I think Gabbard, out of the three, still has the toughest path,” a Senate GOP aide told The Hill. “[She] is the most at risk.” This sentiment reflects growing skepticism among Senate Republicans about Gabbard’s foreign policy positions and whether she can be trusted to oversee the nation’s intelligence apparatus.

Though Gabbard enjoys strong support from Trump’s inner circle, the Senate Republican Conference is less united. The conference includes defense hawks and staunch backers of Ukraine in its ongoing war with Russia—groups critical of Gabbard’s past comments about the conflict. She has been accused of expressing views sympathetic to Moscow, with her remarks echoed by Russian state media, which has praised her nomination. These concerns are compounded by her controversial 2017 visit to Syrian President Bashar Assad. While she later described Assad as a “brutal dictator,” her earlier comments suggesting he was not an enemy of the U.S. have left many uneasy.

Behind the scenes, some GOP members express fears about Gabbard’s reliability. “Behind closed doors, people think she might be compromised. Like it’s not hyperbole,” one GOP aide said. “There are members of our conference who think she’s a [Russian] asset.”

Publicly, however, Republican senators have rejected such allegations, standing by Gabbard despite the controversy. Notably, House Democratic Leader Hakeem Jeffries, who worked with her in Congress, has also dismissed claims of Russian influence. Yet bipartisan support for her nomination remains unlikely. “She’s not going to get any Democratic votes,” a Senate Republican said, emphasizing the narrow margin for error. To secure confirmation, Gabbard can afford to lose no more than three Republican votes.

Although Gabbard’s challenges are formidable, she is not alone in facing scrutiny. Pete Hegseth, nominated for Secretary of Defense, has also drawn significant criticism. His tenure leading veterans’ organizations was marred by allegations of financial mismanagement and sexual impropriety, including a 2017 sexual assault accusation, which he denies. “The allegation was ‘fully investigated’ and I was completely cleared,” Hegseth said before Thanksgiving. Despite this, Senator Lindsey Graham described the allegations as “very disturbing,” acknowledging that they complicate Hegseth’s path to confirmation.

Kash Patel, Trump’s pick to head the FBI, has sparked his own controversy. A staunch ally of the president, Patel has vowed to reform the bureau, including plans to purge personnel seen as disloyal to Trump and shut down its Washington, D.C., headquarters. While Senate Republicans have not outright dismissed Patel, some worry about his polarizing approach. Nonetheless, his resume, which includes roles as a prosecutor, National Security Council member, and aide to former House Intelligence Committee Chair Devin Nunes, has earned praise from certain lawmakers. “I think the conference will get behind him,” said Senator Bill Hagerty. He added, “What you’re seeing here in Washington is a lot of people that are shocked that we’re going to see real reform in an agency that is completely broken.”

For Gabbard, the concerns are more fundamental. Despite her military service in the Hawaii Army National Guard, including a deployment to Iraq, she has no experience in the intelligence community or its oversight. As DNI, she would oversee 18 intelligence agencies and a $70 billion budget. “Gun to my head, Gabbard is probably the toughest,” another GOP aide said, citing her controversial Syria stance and recent switch from the Democratic to the Republican Party as major issues. “Those are real concerns members have,” the aide added.

Next week, Gabbard plans to begin meeting with Senate Republicans to address their concerns, following the lead of Hegseth and Patel, who have already started lobbying lawmakers. While some senators remain apprehensive about all three nominees, others are inclined to respect Trump’s choices. “You take each one individually,” Senator Mike Rounds explained. “You look at … will they be a good fit for the department? What’s the reason why the president wants this person? You look at—is there any reason why this person should not be in that position?” He added, “You always do your best to give the president the benefit of the doubt because he’s the one who’s accountable for making the nomination in the first place.”

Despite these sentiments, Gabbard’s path to confirmation is fraught with hurdles. Her polarizing reputation and lack of bipartisan support mean her nomination hangs in a delicate balance. Whether she can overcome skepticism and secure the necessary votes remains to be seen, but her nomination has undoubtedly sparked debate about the direction of U.S. intelligence leadership.

Republicans Face Narrow Majority in House After Democrats Flip Key California Seat

Republicans will hold a slim majority in the House of Representatives next year, facing greater challenges to advance President-elect Donald Trump’s agenda as Democrats successfully flipped a significant seat in California. Democrat Adam Gray defeated GOP Rep. John Duarte in California’s 13th District, according to NBC News projections, following an extended vote count. This brings the Republican total to 220 seats versus 215 for Democrats. With such a narrow margin, Republicans can afford to lose only two votes on any House legislation if Democrats remain unified in opposition.

Duarte conceded the race on Tuesday evening, saying he called Gray to acknowledge the outcome, as reported by the Turlock Journal. This victory marks a crucial gain for Democrats, who flipped nine Republican-held seats across the nation, including three in California, while Republicans flipped eight Democratic-held seats.

California proved pivotal for the Democrats, with Gray’s win accompanied by victories for Democrats Derek Tran and George Whitesides, who unseated Republican Reps. Michelle Steel and Mike Garcia. Democrats also secured three seats in New York, one in Oregon, and benefited from redrawn congressional maps to flip one seat each in Alabama and Louisiana.

Meanwhile, Republicans gained seats in North Carolina due to its new congressional map and won key contests elsewhere. They unseated Democratic Reps. Susan Wild and Matt Cartwright in Pennsylvania, flipped an open seat in Michigan, and defeated incumbents in Alaska and Colorado.

House races this election cycle attracted significant spending from campaigns and outside groups. Ad-tracking firm AdImpact reported that over $1.1 billion was spent on ads between September and Election Day. Democratic campaigns and allied organizations outpaced their Republican counterparts, spending $662 million compared to $485 million spent by the GOP.

The tight Republican majority reflects an increasingly competitive political landscape, partly influenced by the latest redistricting process. This narrowed the field of competitive races, leaving only about 40 House seats—roughly 10% of the chamber—decided by margins of less than 5%, according to NBC News Decision Desk data.

Despite losing control of the House, Democrats saw some encouraging trends. Vulnerable Democratic incumbents performed notably better than Vice President Kamala Harris, outpacing her by an average of 2.7 percentage points in House races, according to preliminary analysis by the Democratic Congressional Campaign Committee. The analysis, shared with NBC News, highlighted that Democratic candidates outperformed Harris in counties with lower education levels and a majority of voters of color.

Challenges Ahead for GOP Leadership

With Republicans controlling both chambers of Congress and the White House, the party has a rare opportunity to advance its priorities through budget reconciliation. This legislative tool enables the majority party to bypass Senate filibusters and pass budget-related measures without needing Democratic support. However, the fragile Republican majority in the House could hinder these efforts.

Speaker Mike Johnson, who is expected to retain his position in the next Congress, will face significant hurdles in maintaining unity among his colleagues. The reconciliation package is expected to include extensions of tax cuts enacted in 2017 under Trump, which are set to expire next year. Proposals such as a tax exemption for income from tips, dubbed by Trump as “no tax on tips,” and the removal of the cap on the state and local tax deduction are likely components of this package.

Sen. Lindsey Graham of South Carolina, a key Trump ally, is advocating for border security measures to be included in the reconciliation process. Trump has promised to initiate what he describes as “the largest deportation program in American history,” making immigration a central focus for his administration.

Further complicating the GOP’s legislative strategy are potential resignations and vacancies within the House. Trump has nominated two sitting House Republicans for key positions in his administration: Elise Stefanik of New York as U.S. ambassador to the United Nations and Mike Waltz of Florida as national security adviser.

Adding to the uncertainty is the recent resignation of Florida Rep. Matt Gaetz, who stepped down after Trump selected him as the next attorney general. Gaetz later withdrew from consideration due to allegations of sexual misconduct but confirmed he would not join the next Congress despite winning re-election.

Should Stefanik and Waltz resign simultaneously, the Republican majority in the House could narrow to just one seat, 217 to 215, until their replacements are elected.

Special Elections on the Horizon

Efforts to fill these vacancies are already underway. Florida’s State Department has scheduled a special election to replace Gaetz and Waltz, with primaries for their deep-red districts set for January 28 and special elections to follow on April 1.

In New York, Democratic Governor Kathy Hochul will be responsible for setting a special election to replace Stefanik once she formally resigns. According to state law, the special election must take place 70 to 80 days after the governor issues a proclamation.

The upcoming special elections will be critical for both parties as they navigate the challenges of a closely divided Congress. For Republicans, maintaining unity and avoiding further internal divisions will be essential to advancing their legislative priorities. Meanwhile, Democrats will likely leverage their gains to resist key aspects of Trump’s agenda, ensuring a contentious political landscape in the months ahead.

Trump May Replace Pentagon Nominee Pete Hegseth with Florida Governor Ron DeSantis

President-elect Donald Trump is reportedly reconsidering his decision to nominate Pete Hegseth for the position of defense secretary, according to a report by The Wall Street Journal. The publication, citing sources familiar with the matter, revealed that Florida Governor Ron DeSantis is being considered as a replacement candidate.

Hegseth’s nomination has encountered significant challenges in Congress, primarily due to allegations surrounding both his personal conduct and professional life. According to the Journal, Trump’s allies are increasingly skeptical about Hegseth’s ability to withstand further scrutiny during the confirmation process. A combat veteran and former Fox News personality, Hegseth would require the backing of Senate Republicans to secure the role.

When contacted for comments regarding these developments, neither Trump’s transition team nor DeSantis’ office responded immediately.

This potential shift comes after two of Trump’s other nominees for senior positions have already withdrawn. Chad Chronister pulled out of consideration for heading the Drug Enforcement Administration (DEA) on Tuesday. His decision followed that of former Representative Matt Gaetz, who dropped out of the running for attorney general amid allegations involving inappropriate conduct with an underage girl.

Ron DeSantis, who previously competed against Trump for the Republican presidential nomination, had initially been on the list of candidates for defense secretary. However, Trump ultimately chose Hegseth at the time, as noted by The Wall Street Journal.

DeSantis has military experience, having served in the Navy’s Judge Advocate General’s Corps between 2004 and 2010. Despite the current discussions, the Journal indicated that Trump could still opt for another replacement should Hegseth’s nomination fail to proceed.

This ongoing reshuffle highlights the complexities of Trump’s transition team as they navigate Senate confirmations and public scrutiny for key appointments.

Trump Allies Musk and Ramaswamy Signal Interest in Abolishing Daylight Saving Time

After securing a second term, Donald Trump has named Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy to spearhead his administration’s push for government efficiency. Their mission involves slashing federal regulations and reducing the size of the federal workforce. While it’s unclear how voters will respond to this agenda, Musk and Ramaswamy recently focused on an issue that many Americans may support: ending daylight saving time.

Last week, Musk engaged with a poll posted by a user on the social media platform X (formerly Twitter). The poll asked whether daylight saving time should be abolished, and the overwhelming majority of respondents voted in favor of doing so. Reacting to the results, Musk remarked, “Looks like the people want to abolish the annoying time changes!”

Ramaswamy soon joined the conversation, echoing Musk’s sentiment. “It’s inefficient & easy to change,” he said in response to Musk’s comment. Musk’s statement also caught the attention of Utah Senator Mike Lee, who directly asked the Tesla CEO if he supported ending the “semi-annual time changes.” Musk replied with a simple “Yes.”

Despite their comments, neither Musk nor Ramaswamy elaborated on concrete plans to tackle the issue. The Department of Government Efficiency, which they are set to lead, is merely an advisory body. It lacks the authority to create or implement policies, meaning any influence they wield will come in the form of recommendations. Nevertheless, having two influential figures in Trump’s inner circle voicing support for the idea could reignite discussions on the matter.

Congress has explored the possibility of making daylight saving time permanent several times. Since 2018, Senator Marco Rubio of Florida has championed the “Sunshine Protection Act,” a legislative effort aimed at ending the biannual time changes. For years, the bill saw little progress in Congress, remaining stuck in committee. However, in 2022, the U.S. Senate unexpectedly passed the bill, a significant step forward. Yet, the legislation stalled in the House of Representatives, leaving its future uncertain. With Rubio now poised to join Trump’s administration as secretary of state, the bill’s fate remains unclear.

If Musk and Ramaswamy choose to advocate for this change seriously, they could find an ally in Trump himself. During his first term, Trump expressed openness to making daylight saving time permanent. In a 2019 social media post, he stated, “Making Daylight Saving Time permanent is O.K. with me!”

The push to establish permanent daylight saving time is not without support. A 2022 poll conducted by Monmouth University revealed that only 35 percent of Americans favored continuing the practice of changing clocks twice a year. Historically, the nation briefly experimented with permanent daylight saving time during the 1970s as a response to the energy crisis. However, the shift, initially intended to last for two years, faced significant public backlash and was eventually reversed.

Musk and Ramaswamy’s involvement could lend momentum to an issue that has struggled to gain widespread legislative traction. While their ability to directly influence policy is limited, their prominence within Trump’s administration could amplify the conversation around daylight saving time and its future in the United States.

Court Ruling Clears Way for Deportation Flights at Seattle Airport, Boosting Trump’s Immigration Agenda

The 9th Circuit Court of Appeals has ruled in favor of the U.S. Immigration and Customs Enforcement (ICE), allowing the agency to continue using King County International Airport, also known as Boeing Field, for chartered deportation flights. The decision overturns a 2019 local executive order by King County, Washington, which had sought to block deportations from the airport in opposition to former President Donald Trump’s immigration policies.

The court found that the local order violated federal law by discriminating against ICE and impeding federal operations. The 2019 order had forced ICE to reroute its deportation flights to Yakima, Washington—a significantly longer distance from ICE’s Northwest detention center. The logistical shift caused operational challenges and heightened costs. The court’s ruling restores ICE’s ability to use Boeing Field for its operations, a development seen as a victory for President-elect Donald Trump, who has pledged to resume robust deportation efforts upon returning to office.

In the decision issued on November 30, Judge Daniel A. Bress highlighted the discriminatory nature of King County’s order, stating, “This is not a situation in which King County officials are being conscripted into carrying out federal immigration laws on the federal government’s behalf.” Instead, he explained, the United States was merely asking the county to cease its prohibition, which unfairly restricted private parties from supporting federal immigration efforts.

The ruling stemmed from a lawsuit filed by the federal government in 2020, alleging that King County’s actions violated a World War II-era contract ensuring the federal government’s right to use the airport. Additionally, the government accused the county of unfairly targeting ICE through its restrictions.

The court also noted the significant operational burdens created by the relocation of deportation flights to Yakima. “The relocation increased operational costs due to the greater distance from ICE detention facilities to the airport. It also led to increased security concerns,” the ruling stated. These complications underscored the need for the federal government to regain access to Boeing Field, which is located just minutes from the detention center.

As part of the resolution, the new order mandates increased transparency regarding deportation flights. Measures include the provision of a conference room at the airport where the public can observe deportation flights through a video feed. Additionally, King County will maintain a publicly accessible log of all deportation flights from the airport on its website. These measures aim to address concerns raised by local officials and advocacy groups about secrecy surrounding deportation operations.

The court’s decision aligns with President-elect Trump’s campaign promise to prioritize immigration enforcement from the outset of his second term. His selection of Tom Homan, former acting director of ICE, as his “border czar” has reinforced these intentions. Homan has been vocal about his commitment to enforcing immigration laws, recently stating, “If you don’t want to work with us, then get the hell out all the way. We’re going to do it.”

Trump’s renewed focus on deportation efforts has reignited opposition from Democratic leaders in various states and cities. Local officials in predominantly blue areas have reiterated their resistance to cooperating with federal immigration enforcement. Denver Mayor Mike Johnston has taken a particularly defiant stance, asserting his willingness to face legal consequences in opposition to Trump’s plans. “I am prepared to go to jail,” Johnston declared, emphasizing his commitment to protecting immigrant communities.

Similarly, Illinois Governor JB Pritzker has promised to maintain the state’s sanctuary policies, directly challenging the incoming administration. “If you come for my people, you come through me,” Pritzker said, signaling his firm stance against federal deportation initiatives.

Arizona Governor Katie Hobbs echoed these sentiments, labeling Trump’s immigration plans as “misguided.” She vowed that her state would not participate in policies that she believes harm or terrorize communities. “What I will unequivocally say is that, as governor, I will not tolerate efforts that are part of misguided policies that harm our communities,” Hobbs stated, making clear her opposition to the deportation agenda.

Massachusetts Governor Maura Healey also joined the chorus of dissent, emphasizing that her state police force would not support federal deportation operations. “Massachusetts state police will absolutely not help the Trump administration’s planned deportations,” Healey insisted, underscoring the state’s commitment to protecting its immigrant residents.

While the court ruling represents a significant legal and logistical victory for ICE and the incoming Trump administration, it also highlights the ongoing tension between federal immigration enforcement and local governments. Trump’s campaign rhetoric and policy proposals have drawn sharp criticism from Democratic leaders, many of whom have pledged to resist his deportation agenda through legislative and executive measures.

As the political landscape becomes increasingly polarized over immigration, the 9th Circuit’s decision is expected to serve as a key precedent for similar disputes nationwide. For now, ICE has regained access to Boeing Field, providing the agency with a critical logistical advantage as the new administration prepares to implement its immigration priorities.

Tesla CEO Elon Musk’s $56 Billion Pay Package Voided by Delaware Judge

On Monday, Tesla CEO Elon Musk faced a significant legal defeat as a Delaware judge refused to reinstate his monumental 2018 CEO compensation package, worth approximately $56 billion. This package, recognized as the largest in U.S. history for a public company executive, was deemed improperly granted. Tesla has announced its intention to appeal the decision through a post on X, the social media platform owned by Musk. In his response on the same platform, Musk condemned the ruling as “absolute corruption.”

The legal battle began in January when Chancellor Kathaleen McCormick ruled against Musk’s pay plan. She concluded that Musk had exerted individual control over Tesla, dictating the terms of his compensation without a fair negotiation process from the board. The judge described the circumstances under which the package was approved as “deeply flawed.”

In an effort to reverse the court’s decision, Tesla held a shareholder vote in June at its annual meeting in Austin, Texas, seeking investor ratification of Musk’s compensation package. Musk’s legal team argued that the outcome of this vote justified a reassessment of the ruling. However, McCormick dismissed this argument in her Monday opinion, stating, “Even if a stockholder vote could have a ratifying effect, it could not do so here. Were the court to condone the practice of allowing defeated parties to create new facts for the purpose of revising judgments, lawsuits would become interminable.”

McCormick’s latest ruling also included a $345 million attorney fee award for the legal team that successfully challenged Musk’s pay plan on behalf of Tesla shareholders. The plaintiff’s legal representatives, Bernstein, Litowitz, Berger & Grossmann, expressed satisfaction with the outcome. “We are pleased with Chancellor McCormick’s ruling, which declined Tesla’s invitation to inject continued uncertainty into Court proceedings and thank the Chancellor and her staff for their extraordinary hard work in overseeing this complex case,” they said in a statement.

The 2018 pay plan’s cancellation was part of a broader dispute between Musk and the Delaware court. After the January ruling, Musk criticized the state’s judicial system, advising companies against incorporating in Delaware through a post on X: “Never incorporate your company in the state of Delaware.” Subsequently, Tesla initiated a shareholder vote to shift its incorporation to Texas, a move that was ultimately carried out. Musk also transitioned the state of incorporation for SpaceX, his defense contractor company, from Delaware to Texas.

Despite this legal challenge, Musk’s financial fortunes have soared in recent weeks. Excluding the disputed pay package, his net worth has increased by over $43 billion since Donald Trump’s election victory in November. Tesla shares have surged 42% in the four weeks following the election, driven by investor optimism that Musk’s favorable relationship with Trump could lead to advantageous policies for his businesses.

Musk’s current Tesla stock holdings are valued at nearly $150 billion based on Monday’s closing price, solidifying his position as one of the wealthiest individuals in the world. Without accounting for his SpaceX stake, this valuation alone underscores his immense financial clout. Meanwhile, Equilar, a compensation analytics firm, estimated that at Tesla’s present stock price, Musk’s 2018 pay package would have risen in value to $101.4 billion.

Musk’s response to the Delaware court ruling highlights his ongoing clash with the state’s legal framework, as well as his willingness to explore alternative jurisdictions for his business ventures. The case continues to capture attention due to its implications for corporate governance and executive compensation practices in public companies.

Trump’s Diwali Outreach Highlights Desi Race to the White House

As the countdown to Election Day narrows to just five days, the race to the White House has proven to be one of the most remarkable in American history. It has delivered a mix of classic American election hallmarks—scandals, controversies, and dramatic moments—while introducing some unexpected twists, such as a vice presidential candidate discussing the merits of matar paneer on a popular podcast. With significant brown representation on both sides, the 2024 election has become one of the most Indian-influenced in history. Donald Trump has taken this to another level with a special Diwali message aimed at wooing Hindu Americans, a demographic that has traditionally leaned Democratic.

In a strongly worded statement on Diwali, Trump condemned violence against Hindus in Bangladesh, pledged to protect Hindu Americans from what he described as the “radical left’s anti-religion agenda,” and vowed to deepen ties with India and Prime Minister Narendra Modi. Trump concluded his message with, “Also, Happy Diwali to All. I hope the Festival of Lights leads to the Victory of Good over Evil!” This direct outreach marks a strategic attempt to court Hindu Americans, who have shown shifting political allegiances in recent years.

Trump’s first comment addressed a long-standing concern within the global Hindu community: targeted violence against Hindus in Bangladesh. Under Sheikh Hasina’s leadership, attacks during festivals like Durga Puja and demands for jizya, a tax imposed on non-Muslims, have drawn international criticism. Although interim Bangladeshi chief Muhammad Yunus has dismissed these concerns as “exaggerated,” protests in cities like New York have labeled him a “Hindu killer.” Trump’s remarks align with a widespread sentiment among Hindus that their grievances are often overlooked on the global stage.

The second part of Trump’s message referenced California’s controversial Senate Bill 403, commonly known as the California caste bill. Introduced by State Senator Aisha Wahab, the legislation aimed to outlaw caste-based discrimination by adding it to existing civil rights protections. While the bill was supported by groups like Equality Labs, its passage was met with resistance from Hindu American organizations, who viewed it as an unfair targeting of their community. Equality Labs’ study, which served as the basis for the bill, has been criticized for methodological flaws, including its reliance on self-reported surveys and snowball sampling, leading to concerns about demographic biases. Governor Gavin Newsom ultimately vetoed the bill, citing existing civil rights laws that he argued were sufficient to address caste-based discrimination.

Interestingly, this debate unfolded in California, home to Vice President Kamala Harris. Speculation has suggested Harris may have influenced Newsom’s veto to avoid alienating Hindu voters within the Democratic Party. Trump’s remarks capitalized on this controversy, casting himself as a defender of Hindu Americans’ rights.

Trump’s third point highlighted his friendship with Narendra Modi, a figure revered by many Hindu Americans. Speaking on the Flagrant podcast, Trump praised Modi as “the nicest guy” and a “total killer” when needed. This warm relationship is a key aspect of Trump’s appeal to Hindu voters, especially in contrast to criticisms of Modi from figures like U.S. Ambassador to India Eric Garcetti over tensions involving Canada. Trump’s pro-India stance resonates with many Indian Americans, who view Modi as a symbol of Indian pride and global influence.

Meanwhile, Trump’s Democratic opponent, Kamala Harris, faces a unique challenge. As the daughter of an Indian immigrant, Harris’s candidacy represents a historic opportunity for Indian Americans. However, her support among this community is not guaranteed. The Carnegie Endowment recently reported a decline in Indian American alignment with the Democratic Party, dropping from 56% in 2020 to 47%. While Harris has strong support among women voters due to her stance on reproductive rights, younger Indian American men are increasingly drawn to Republicans, citing stricter immigration policies as a factor.

Harris’s mixed identity as both Black and Indian has not resonated uniformly within the Indian American community. Some critics feel she has not fully embraced her Indian heritage, pointing to moments like her 2020 video with Mindy Kaling making dosa, which was criticized as inauthentic. This perception has allowed Trump to make inroads with Indian Americans by promoting figures like Vivek Ramaswamy, a prominent Republican contender and the first openly Hindu presidential nominee.

Ramaswamy’s story as a second-generation immigrant mirrors the experiences of many Indian Americans. Though his version of Hinduism often appears to blend with Christian influences, he has become an important figure in the MAGA movement. While he was not selected as Trump’s running mate, Ramaswamy remains a key ally, with Time magazine calling him the “heir apparent” to Trump’s legacy. Ramaswamy’s prominence, coupled with the visibility of other Indian Americans like JD Vance—whose wife is Indian American—has positioned the Republican Party as a viable choice for voters seeking greater representation.

Cultural outreach has also played a role in this election cycle. JD Vance recently discussed his fondness for matar paneer on the Joe Rogan podcast, promoting Indian cuisine as a healthier alternative to plant-based meat. Such moments reflect a broader effort by Team Trump to connect with Indian Americans on a cultural level, emphasizing their contributions to American society.

Indian Americans, the second-largest immigrant group in the U.S., wield significant influence as one of the wealthiest and most highly educated communities. Their political importance has grown considerably, far surpassing stereotypes like Apu from The Simpsons. From technology to business, Indian Americans have made remarkable strides, and both parties are vying for their support in this closely contested election.

Trump’s campaign has even drawn on his past connections with the Indian community. ISKCON Kolkata vice-president Radharamn Das recounted an incident from 1976 when Trump allowed ISKCON devotees to use his train yard for their Rathyatra festival preparations. Reflecting on Trump’s recent brush with danger—surviving an assassination attempt—Das said, “Today, during the Rathyatra festival, it was Lord Jagannath’s turn to return the favour.”

As Election Day approaches, Trump’s strategy appears to hinge on awakening a sense of solidarity among Hindu Americans who feel marginalized by left-leaning policies. Comparisons to the Jewish community’s recent calls for greater attention to anti-Semitism highlight a broader appeal to groups who feel neglected. By addressing these concerns, Trump aims to rally a key demographic that could prove decisive in the election.

Whether this outreach will translate into votes remains to be seen. However, one thing is clear: the 2024 election has redefined what it means to campaign in America, with both parties embracing the diverse stories and values of Indian Americans.

Surge in Illegal Border Crossings by Indian Nationals at U.S.-Canada Border Raises Concerns Ahead of Trump’s Return to Office

In recent years, there has been a significant rise in illegal border crossings by Indian nationals at the U.S.-Canada border. According to data from the U.S. Customs and Border Protection (CBP), nearly 44,000 Indian nationals attempted to cross the border illegally in fiscal year 2024. This marks a notable increase from approximately 30,000 in fiscal year 2023 and 17,331 in fiscal year 2022. These statistics illustrate a sharp upward trend in border crossings over the past few years.

In fiscal 2024, Indian nationals represented the largest group of people encountered at the northern border, accounting for nearly 22% of the 198,929 total land border encounters at the U.S.-Canada border. This surge in border attempts highlights the growing issue of illegal immigration from India into the United States.

The timing of this increase coincides with the preparations for the return of former President Donald Trump to the White House, with border security remaining a prominent aspect of his political platform. Trump has consistently emphasized the need for stricter border controls during his campaigns, and his upcoming second term has raised expectations for heightened enforcement measures.

In this context, Trump recently met with Canadian Prime Minister Justin Trudeau at his Mar-a-Lago residence in Florida. The two leaders discussed several important issues, including border security. Trump referred to their conversation as “very productive” and shared insights into the talks on his social media platform, Truth Social. He wrote, “We discussed many important topics that will require both countries to work together to address, like the fentanyl and drug crisis that has decimated so many lives as a result of illegal immigration, fair trade deals that do not jeopardize American workers and the massive trade deficit the U.S. has with Canada.”

Trump’s remarks underscored his administration’s stance on addressing the ongoing fentanyl crisis, which he linked to illegal immigration and drug cartels. He stated, “I made it very clear that the United States will no longer sit idly by as our citizens become victims to the scourge of this drug epidemic, caused mainly by the drug cartels, and fentanyl pouring in from China. Too much death and hardship!” His comments reflect a long-standing focus on tackling drug trafficking and its consequences, which remains a major talking point as he prepares for his potential return to office.

Meanwhile, Canada has already taken steps to tighten its border policies, partly in response to strained relations with the U.S. As reported by the Financial Times in September, Canada has begun scaling back its more lenient worker visa program. This shift in policy is seen as part of efforts to curb the flow of migrants, particularly amid concerns in the U.S. over illegal migration from Canada.

Glenn Cowan, founder and CEO of security company One9, commented on the growing pressure to secure the northern border. He told Financial Times, “U.S. lawmakers are calling to harden the northern border with Canada because of the fears of illegal migration from Canada. Stemming the flow of these visas will bolster U.S. relations.” This shift in Canadian policy could have significant implications for U.S.-Canada relations, particularly as both countries confront the challenges posed by illegal migration and cross-border issues.

With Trump set to return to office, the focus on strengthening border security is expected to intensify. The former president has a history of using tariffs as a tool in trade negotiations, and during his first term, he threatened to impose tariffs on both Canada and Mexico. While Trump did not indicate whether tariffs are still under consideration after his meeting with Trudeau, he made it clear that the discussion encompassed a wide range of critical issues. “All are vital issues that I will be addressing on my first days back in office, and before,” Trump said, signaling that border security, trade relations, and energy policy will be high on his agenda.

As U.S.-Canada relations evolve, the issue of illegal immigration, particularly from India, is likely to remain a key topic of debate and action. The rising number of attempted border crossings underscores the broader challenge of managing immigration flows in North America, with both the U.S. and Canada working to address the underlying causes and consequences of unauthorized migration.

This surge in illegal crossings at the northern border represents a complex challenge for both governments, as they seek to balance border security with maintaining diplomatic and economic ties. Trump’s return to office could lead to more stringent policies at the U.S.-Canada border, while Canada’s own tightening of visa programs suggests a shift towards a more controlled approach to immigration.

In the coming months, as political dynamics shift with the return of Trump and evolving policies in Canada, it remains to be seen how both nations will navigate these challenges. The focus on border security, trade relations, and immigration reform will likely dominate discussions between the two countries, with the potential for significant changes in cross-border policy in the near future.

Donald Trump Appoints Kash Patel as FBI Director, Highlighting Loyalty and Vision for Reform

Donald Trump, the US President-elect, announced on Sunday that Indian-American Kashyap “Kash” Patel would lead the Federal Bureau of Investigation (FBI). This decision makes Patel the second Indian-American chosen for a key position in Trump’s incoming administration.

Trump took to Truth Social to express his confidence in Patel, stating, “I am proud to announce that Kashyap ‘Kash’ Patel will serve as the next Director of the Federal Bureau of Investigation. Kash is a brilliant lawyer, investigator, and ‘America First’ fighter who has spent his career exposing corruption, defending Justice, and protecting the American People.”

Trump emphasized Patel’s extensive contributions to his administration, calling him an integral figure in combating corruption and upholding justice. He praised Patel’s efforts during Trump’s first term, citing his roles as Chief of Staff at the Department of Defense, Deputy Director of National Intelligence, and Senior Director for Counterterrorism at the National Security Council. “He played a pivotal role in uncovering the Russia, Russia, Russia Hoax, standing as an advocate for truth, accountability, and the Constitution,” Trump added.

The President-elect further highlighted Patel’s legal expertise, mentioning that he had tried over 60 jury trials. “This FBI will end the growing crime epidemic in America, dismantle the migrant criminal gangs, and stop the evil scourge of human and drug trafficking across the Border,” Trump wrote. He also pointed out that Patel would report to Attorney General Pam Bondi, working collaboratively to restore the FBI’s core values of fidelity, bravery, and integrity.

A Glimpse into Kash Patel’s Career

Kashyap Patel has a long and varied career in government and legal service. He briefly worked in the Justice Department during the Obama administration before transitioning to prominent roles under Trump. After Trump assumed office, Patel became senior counsel to former Representative Devin Nunes, a Republican from California, who led the House Intelligence Committee from 2017 to 2018. During this time, Patel assisted in the committee’s contentious investigation into the FBI’s handling of its Russia inquiry.

In 2018, Patel transitioned to serve as Trump’s senior director for counterterrorism on the National Security Council. His responsibilities expanded further when he became a senior adviser to the directors of national intelligence. By the end of Trump’s presidency, Patel had been promoted to Chief of Staff for acting Defense Secretary Christopher Miller.

Throughout his career, Patel has been recognized for his loyalty to Trump and his dedication to the “America First” agenda. His role in exposing what Trump and his allies called the “Russia Hoax” solidified his reputation as a staunch defender of the administration’s priorities.

Controversies Surrounding Kash Patel

Despite his accomplishments, Patel’s career has not been without controversy. His direct and often provocative approach has drawn criticism from some quarters. Patel has openly discussed pursuing Trump’s political opponents within the government and the media. In his book, he argued, “[T]he FBI has become so thoroughly compromised that it will remain a threat to the people unless drastic measures are taken.”

Such statements have fueled debates about Patel’s potential leadership style and the implications for the FBI. During a past interview, Patel sparked further controversy by encouraging aggressive actions against politicians and journalists perceived as adversaries of Trump. His remark to “come after” these individuals raised concerns about partisanship and the balance of power within national security frameworks.

A Polarizing Figure in National Security

Patel’s sharp critiques of the FBI and his strong advocacy for reform have endeared him to Trump’s supporters, while his detractors view his rhetoric as overly combative. His rapid rise within Trump’s administration demonstrates the trust and value Trump places on Patel’s loyalty and expertise. However, his critics argue that his statements and actions could deepen divisions within an already polarized political and security environment.

Despite the controversies, Patel remains a central figure in Trump’s vision for the FBI’s future. His appointment signifies a commitment to reshaping the agency in line with Trump’s goals of accountability and justice. As Trump stated, “Kash will work under our great Attorney General, Pam Bondi, to bring back Fidelity, Bravery, and Integrity to the FBI.”

Patel’s supporters believe his leadership could restore public trust in the FBI and address concerns about crime, border security, and internal accountability. His critics, however, question whether his approach will prioritize impartiality and uphold the agency’s long-standing commitment to nonpartisanship.

As Patel assumes the role of FBI Director, his tenure will likely be closely scrutinized by supporters and critics alike. With the weight of expectations and the challenges facing the bureau, his leadership will play a pivotal role in shaping the FBI’s path forward.

Trump Threatens 100% Tariffs on BRIC Nations Over Dollar Challenges

President-elect Donald Trump issued a stern warning on Saturday, threatening to impose 100% tariffs on a bloc of nine nations if they attempt to undermine the dominance of the U.S. dollar in global trade. The threat targets countries in the BRIC alliance, which includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates. Turkey, Azerbaijan, and Malaysia have applied for membership, while several other nations have shown interest in joining the group.

The U.S. dollar remains the most widely used currency for international trade and holds a commanding position in the global financial system. It accounts for approximately 58% of global foreign exchange reserves, according to the International Monetary Fund (IMF), and remains the primary currency for commodities such as oil. Despite this, the BRIC nations and other developing economies have voiced frustration over America’s financial dominance and are seeking alternatives to reduce their reliance on the dollar—a movement commonly referred to as “de-dollarization.”

Trump, addressing the issue on his Truth Social platform, stated, “We require a commitment from these countries that they will neither create a new BRICS currency nor back any other currency to replace the mighty U.S. dollar, or they will face 100% tariffs, and should expect to say goodbye to selling into the wonderful U.S. economy.”

The growing economic influence of the BRIC alliance poses a potential challenge to the dollar’s supremacy. The group’s share of global GDP has steadily increased, and its members have expressed intentions to conduct trade using non-dollar currencies. At an October summit of BRIC nations, Russian President Vladimir Putin criticized the United States for “weaponizing” the dollar, calling it a “big mistake.”

“It’s not us who refuse to use the dollar,” Putin remarked during the summit. “But if they don’t let us work, what can we do? We are forced to search for alternatives.”

Russia has been a vocal advocate for developing a new payment system independent of the global bank messaging network SWIFT. Such a system would allow Moscow to bypass Western sanctions and facilitate trade with its partners. This push for an alternative payment infrastructure aligns with the broader efforts of BRIC nations to reduce their dependency on the U.S. dollar.

Despite these efforts, Trump dismissed the possibility of the dollar losing its preeminence in global trade. “There is no chance BRIC will replace the U.S. dollar in global trade,” he declared. “Any country that tries to make that happen should wave goodbye to America.”

Economic experts and research findings suggest that the dollar’s position as the world’s primary reserve currency remains stable for the foreseeable future. A model developed by the Atlantic Council assessing the dollar’s role in the global economy concluded that its status is “secure in the near and medium term” and continues to overshadow other currencies.

Trump’s recent tariff threat against the BRIC nations echoes his earlier rhetoric on trade policies. During his campaign, he threatened a 25% tariff on all goods imported from Mexico and Canada and proposed an additional 10% tax on imports from China. These measures were framed as strategies to curb illegal immigration and drug trafficking into the United States.

In response to these threats, Mexican President Claudia Sheinbaum expressed optimism that a tariff conflict with the U.S. could be avoided following a recent call with Trump. Meanwhile, Canadian Prime Minister Justin Trudeau met with the president-elect in an effort to resolve trade tensions. Trudeau returned to Canada on Saturday without securing guarantees that the proposed tariffs on Canadian goods would be withdrawn.

As Trump prepares to take office, his approach to trade and global financial policies has drawn both criticism and support. His latest warning to the BRIC alliance underscores his commitment to defending the dollar’s dominance and ensuring that America’s economic interests remain secure. However, the growing influence of the BRIC nations and their push for de-dollarization may signal an evolving challenge to the established global financial order.

Vir Das Makes History as First Indian to Host International Emmy Awards with Sharp Monologue

Actor and comedian Vir Das became the first Indian to host the International Emmy Awards on November 26, delivering an opening monologue that struck a balance between wit and poignant social commentary. The performance, now widely shared and discussed, showcased his ability to blend humor with critiques of cultural stereotypes, politics, and global entertainment.

“It is very good to be here completely legally. I’m not a citizen. It’s a very quick visit, in and out. I was just here to vote,” Das said at the outset, setting the tone with his trademark humor. Addressing potential challenges for the audience in understanding his accent, he added, “I have an Indian accent and that tends to be tough depending on where I’m travelling to for some people. So if there’s anything that I say tonight that you do not understand, I want you to feel free to just go to work tomorrow and ask your boss. And if your boss isn’t Indian, your boss’s boss.”

The monologue took aim at various issues, from stereotypes to controversial global figures, with Das using humor to deliver sharp critiques. One of his most notable jabs was directed at former U.S. President Donald Trump. Das remarked, “In America, if you come up on this platform and say anything divisive, offensive, or inflammatory, you won’t be ejected—you’ll be elected.” This comment served as a biting reflection on the polarizing political climate in the United States during Trump’s tenure.

Elon Musk, the influential tech mogul known for his ambitious ventures and controversial actions, also became a target of Das’s humor. “Keep Elon Musk happy. He will buy your platform and turn it into a podcast,” he quipped, referencing Musk’s tendencies to disrupt industries with his bold moves, including his acquisition of Twitter.

Das also shed light on the limited opportunities for Indian actors in Hollywood. Reflecting on stereotypical casting practices, he said, “It’s the only name Americans know. I’ve been offered doctor Raj, lawyer Raj, engineer Raj. I even got offered a guy from England named British Raj.” His observation humorously highlighted the repetitive and reductive roles often offered to Indian actors in Western media.

The comedian didn’t stop at just discussing casting stereotypes. He also critiqued Hollywood’s penchant for appropriating international stories. Das pointed out, “Tonight is a celebration of the world. We tell the original, diverse international stories that Hollywood remakes into cash cows with Kevin Hart and Liam Neeson.” His commentary underscored how unique narratives from across the globe are often commercialized by the American entertainment industry.

Following his landmark performance, Das expressed his gratitude on social media, thanking fans for their overwhelming support. “The Emmys is a tough room… I worked hard on that monologue. I’m happy some people liked it,” he wrote, reflecting on the effort he put into crafting his speech.

Das also used the occasion to showcase Indian culture through his fashion. He praised Delhi-based designer Shubhangi Bajpai, whose chikankaribandhgala shirt and lungi-inspired pleated pants combined traditional Indian craftsmanship with modern sensibilities. The outfit not only stood out on the international stage but also highlighted Das’s commitment to representing his heritage.

As the first Indian to host the prestigious event, Vir Das’s performance was a significant moment for both his career and the Indian entertainment industry. By addressing global issues and challenging stereotypes with humor, he left an indelible mark on the International Emmy Awards stage.

Bitcoin Surges Amid Optimism for Pro-Crypto Policies Under Trump Administration

Bitcoin has soared to unprecedented levels following President-elect Trump’s victory, with the cryptocurrency market rallying in anticipation of favorable federal policies. The price of Bitcoin has neared $100,000, a rise exceeding 40% since Trump’s election, as the president-elect promises to position the U.S. as the “crypto capital of the planet.”

The market’s enthusiasm is amplified by expectations of regulatory shifts, particularly with the anticipated departure of Securities and Exchange Commission (SEC) Chair Gary Gensler and the appointment of pro-crypto figures in Trump’s Cabinet. “The sense is the new administration, at the very least, is going to facilitate productive engagement with the regulators,” said Katherine Kirkpatrick Bos, general counsel for cryptography firm StarkWare. She highlighted a stark contrast to the “very combative” relationship between the crypto industry and the SEC over the past four years.

Bos noted the excitement among institutional investors who believe the upcoming administration will foster meaningful discussions about legal issues affecting the industry. “There is now a sense that productive conversation surrounding these core legal issues has made institutional investors very excited and more willing to engage with crypto assets,” she added.

Bitcoin’s value spiked 8% the day after the election, triggering a multi-day rally that peaked at over $98,700 on November 22. While the cryptocurrency briefly slid toward $90,000 last week, analysts remain confident in the market’s resilience, with one describing it as “structurally sound.”

Despite Trump’s previous skepticism about cryptocurrencies, his recent actions signal a shift in perspective. Billionaire investor Scott Bessent, a known supporter of digital assets and founder of the hedge fund Key Square Group, has been tapped to lead the Treasury Department. Ripple CEO Brad Garlinghouse called Bessent “the most pro-innovation, pro-crypto Treasury [secretary] we’ve ever seen.” Reports also suggest Trump’s team is considering creating a dedicated “crypto czar” position to oversee cryptocurrency policy and regulation.

Faryar Shirzad, chief policy officer at Coinbase, highlighted the challenges faced by the industry due to regulatory uncertainty. “We have had such difficulty [building] the next generation of the financial system and the next generation of the internet in the United States because of the lack of regulatory clarity,” Shirzad said. “Now we have an administration and a Congress who understand the potential of the technology.”

Coinbase has played a pivotal role in advancing the crypto industry’s political engagement, contributing $70.5 million to the Fairshake super PAC during the election cycle. Attention now turns to who will succeed Gensler as SEC chair, with floated candidates including former acting Comptroller of the Currency Brian Brooks and former SEC officials Paul Atkins and Robert Stebbins.

Nathan McCauley, CEO of Anchorage Digital, criticized the prior administration’s “regulation by enforcement” approach and expressed hope for “regulation by rulemaking” under new leadership. Bos underscored the need for updated regulations that align with the unique nature of digital assets. “There are a number of things that just don’t fit in our current regime,” she said. Shirzad added, “The most basic thing that the new chair can do is just signal an openness to providing the clarity that the industry has been asking for.”

The momentum is extending to Capitol Hill, where federal lawmakers are echoing Trump’s pro-crypto stance. Senator Cynthia Lummis (R-Wyo.) plans to reintroduce the BITCOIN Act, which proposes creating a strategic bitcoin reserve for the U.S. to counter inflation and mitigate dollar devaluation. Lummis expressed optimism about its prospects, stating, “The push for it is gaining momentum.”

Trump has also shown support for the idea of a bitcoin reserve, pledging during a Bitcoin Conference in July to ensure the federal government retains all its bitcoin holdings. While the BITCOIN Act’s fate in the Senate is uncertain, changes in congressional leadership are boosting industry confidence. Senator-elect Bernie Moreno (R-Ohio), who ousted crypto skeptic Sherrod Brown, is expected to lead a more pro-crypto Senate Banking Committee. Moreno and Senator Tim Scott (R-S.C.), another crypto advocate, have vowed to prioritize innovation and consumer protection through clear regulatory guidelines.

Scott, however, may face resistance from Senator Elizabeth Warren (D-Mass.), who is set to become the Banking Committee’s ranking member. Warren has consistently called for stricter oversight of cryptocurrency trading. Nonetheless, bipartisan interest in crypto marks a significant shift, particularly after the collapse of FTX dampened enthusiasm.

Chen Arad, co-founder of compliance hub Solidus Labs, noted the changing dynamics. “After the election, a lot of Democrats want to talk, want to understand, want to take part in this effort,” he said. “This is bigger than any party at this point.” Solidus Labs formed the Crypto Market Integrity Coalition in 2022, bringing together 55 institutions like Coinbase and Robinhood to push for regulatory clarity.

The coalition has proposed several measures, including a national framework for stablecoins—cryptocurrencies tied to fixed values—and a market structure bill to delineate the roles of the SEC and the Commodity Futures Trading Commission. Earlier this year, the House passed the Financial Innovation and Technology for the 21st Century Act, which aimed to address these issues, though it stalled in the Senate.

As the crypto industry awaits Trump’s formal inauguration, the optimism surrounding regulatory and legislative changes is palpable. Stakeholders see an opportunity for the U.S. to become a global leader in cryptocurrency innovation, fueled by clearer rules and a supportive government. The coming months will reveal whether the anticipated transformation of U.S. crypto policy materializes.

New York City Faces Criticism for Renting Pakistani-Owned Hotel for Migrants

The City of New York is reportedly paying $220 million to rent the Roosevelt Hotel, a property owned by the Government of Pakistan, to house illegal immigrants. This claim, revealed on Saturday, has sparked significant backlash and raised questions about the allocation of taxpayer funds.

Republican politician Vivek Ramaswamy called the arrangement “nuts” in a social media post, expressing frustration over the deal. “A taxpayer-funded hotel for illegal migrants is owned by the Pakistani government, which means NYC taxpayers are effectively paying a foreign government to house illegals in our own country. This is nuts,” he stated. His comments highlighted the unusual nature of the agreement, which involves a foreign government benefitting from American taxpayer money.

The post was accompanied by a link to further details, amplifying public discourse on the issue. Ramaswamy’s reaction came after author John LeFevre disclosed the arrangement on the social media platform X, formerly known as Twitter.

LeFevre stated that New York City is spending $220 million to rent the Roosevelt Hotel, located in Manhattan, entirely for the purpose of accommodating illegal immigrants. The 19-story building, which houses over 1,200 rooms, had been shuttered since 2020 due to low occupancy and a need for significant renovation. According to LeFevre, the hotel was reopened under this rental agreement as part of a broader financial arrangement tied to international assistance for Pakistan.

“The hotel is owned by the government of Pakistan, and the deal was part of a $1.1 billion IMF bailout package to help Pakistan avoid defaulting on their international debt,” LeFevre explained. The Roosevelt Hotel is under the ownership of Pakistan International Airlines (PIA), a state-run airline controlled by the Pakistani government.

This financial arrangement has drawn scrutiny not only for the use of taxpayer money but also for its implications in the context of international finance and diplomacy. The Roosevelt Hotel, named after former U.S. President Theodore Roosevelt, had faced years of declining business before its closure and subsequent reopening under this agreement.

In his critique, Ramaswamy, who is working alongside Tesla CEO Elon Musk on a newly created Department of Government Efficiency under the direction of President-elect Donald Trump, emphasized the need to eliminate wasteful government expenditures. The department has been tasked with improving overall government efficiency and scrutinizing spending practices.

Ramaswamy’s reaction underscores the broader concerns about fiscal responsibility and the ethics of using public funds in this manner. The agreement not only underscores issues of mismanagement but also places a spotlight on the relationship between local government spending and foreign entities.

While the city’s arrangement to rent the hotel appears to address the urgent need for housing illegal immigrants, critics argue that alternative solutions could have been pursued that did not involve a property owned by a foreign government. The deal’s connection to Pakistan’s efforts to stabilize its economy through an International Monetary Fund (IMF) bailout further complicates the matter.

Before its closure, the Roosevelt Hotel was already struggling with low occupancy rates and was deemed to require substantial renovations. The current use of the hotel as a migrant shelter represents a stark transformation from its historical role as a luxury property named after an American president.

The financial dynamics of the deal and its implications for international relations have added fuel to ongoing debates about the handling of immigration and public resources. For New York City, which is facing a housing crisis and a growing number of migrants, the deal represents a significant expenditure that has polarized opinions.

Critics like Ramaswamy and LeFevre argue that the agreement highlights broader systemic issues. By involving a foreign-owned property in this capacity, the deal raises questions about oversight, priorities, and the potential for unintended consequences in international diplomacy.

This controversy arrives at a time when immigration remains a contentious topic in the U.S., and local governments are under pressure to manage increasing numbers of migrants. As the debate unfolds, the arrangement with the Roosevelt Hotel is likely to remain a focal point for critics of government inefficiency and proponents of fiscal accountability.

In response to the revelations, many are calling for greater transparency and a reevaluation of the policies and agreements that led to this situation. Whether the deal represents an innovative solution to a pressing problem or a misstep in fiscal planning will continue to be a matter of public and political debate.

Trump to Nominate Kash Patel as FBI Head, Sparking Controversy

President-elect Donald Trump has announced plans to nominate Kash Patel as the next director of the FBI, elevating a loyal ally and a figure known for his contentious role in Trump’s first administration. Patel’s potential appointment has drawn criticism and sparked debate, with some questioning his suitability for the position.

Patel has been an outspoken critic of the Justice Department and the FBI, advocating for mass firings within these institutions. He has also called for revoking the security clearances of individuals involved in investigations into Trump’s 2016 campaign. Patel has frequently accused a so-called “deep state” of obstructing Trump’s presidency during his first term.

“Kash is a brilliant lawyer, investigator, and ‘America First’ fighter who has spent his career exposing corruption, defending Justice, and protecting the American People. He played a pivotal role in uncovering the Russia, Russia, Russia Hoax, standing as an advocate for truth, accountability, and the Constitution,” Trump stated on his social media platform, Truth Social, on Saturday.

This announcement also signals Trump’s intention to remove current FBI Director Christopher Wray, whom he appointed in 2017. Wray’s term is slated to run until 2027.

In response to the announcement, the FBI refrained from commenting on Patel’s potential nomination. Instead, the agency released a statement emphasizing its ongoing mission. “Every day, the men and women of the FBI continue to work to protect Americans from a growing array of threats. Director Wray’s focus remains on the men and women of the FBI, the people we do the work with, and the people we do the work for,” the FBI said.

However, Patel’s controversial past could pose challenges for his Senate confirmation.

Patel’s career trajectory began as a public defender before transitioning to a role as a national security prosecutor at the Department of Justice during the Obama administration. He later joined the political arena as a staffer for Representative Devin Nunes, advising the House Intelligence Committee.

During his tenure with Nunes, Patel played a central role in efforts to discredit the Democratic-led investigation into Trump’s alleged ties to Russia. He authored a report scrutinizing the FBI and DOJ’s handling of their investigations into Russian election interference, bolstering Trump’s narrative.

Patel’s close alignment with Trump continued throughout his career. He transitioned from Capitol Hill to the White House, serving as a senior director for counterterrorism on the National Security Council. Later, he moved to the Office of the Director of National Intelligence.

Patel was often perceived as a staunch Trump loyalist. At one point, he was reportedly considered for the role of deputy to then-CIA Director Gina Haspel, a move Haspel allegedly opposed by threatening to resign, according to Axios.

In late 2020, Patel was assigned to the Department of Defense, where NBC News reported he obstructed collaboration with the incoming Biden administration. He allegedly sought to restrict staff from sharing information with the transition team.

On January 6, Patel was serving as chief of staff to then-acting Secretary of Defense Christopher Miller. Miller had been appointed following Trump’s dismissal of Defense Secretary Mark Esper. Patel’s brief tenure at the Pentagon drew scrutiny from the now-disbanded January 6 committee, which summoned him for an interview. The committee suggested he might possess “additional documents and information relevant to understanding the role played by the Department of Defense and the White House in preparing for and responding to the attack on the U.S. Capitol, as well as documents and information related to [his] personal involvement in planning for events on Jan. 6 and the peaceful transfer of power.” Patel has denied any misconduct related to the Capitol attack.

Patel also figured prominently in another legal controversy involving Trump: the mishandling of classified documents at Trump’s Florida residence. Patel claimed he witnessed Trump issuing verbal orders to declassify some of the materials found, a statement that aligns with a defense floated by Trump’s legal team but never substantiated.

In addition to his political and legal activities, Patel is the author of a children’s book, “The Plot Against the King.” The book aims to recount what it describes as “one of our nation’s biggest injustices,” presenting a satirical take on the Russia investigation. Patel portrays himself as a wizard in the narrative, while Trump is depicted as a king under siege by characters such as “Hillary Queenton” and others representing prominent political figures.

Patel remains a significant figure in Trump’s orbit, currently serving on the board of the company overseeing Trump’s social media platform.

As recently as this month, Patel has echoed Trump’s assertions of a “deep state” working against him. In a newsletter from his foundation, Patel wrote, “The Deep State cannot be trusted. They have weaponized the government for their own political and personal agenda.” He also referred to the investigation into Trump’s Russia ties as a “fraud.”

Patel’s potential appointment has drawn criticism, including from former members of the FBI. Andrew McCabe, the FBI’s former deputy director, expressed concerns about Patel’s leadership.

“No part of the FBI’s mission is safe with Kash Patel in any position of leadership in the FBI, and certainly not in the deputy director’s job,” McCabe told CNN’s Kaitlan Collins. “The scope of authority is enormous.”

The nomination of Patel as FBI director underscores Trump’s preference for loyalists in key positions and his ongoing disputes with federal institutions. However, Patel’s controversial past and polarizing reputation could lead to significant resistance during the confirmation process.

Zelensky Signals Willingness to Cede Territory for Peace and NATO Guarantees

Ukrainian President Volodymyr Zelensky has, for the first time, suggested he is open to temporarily ceding territory to Russia in exchange for securing a NATO-backed protective framework for the areas still under Ukrainian control. His remarks represent a significant shift in Kyiv’s stance as he seeks a path to end the ongoing war.

In an interview with Sky News, Zelensky stated, “If we want to stop the hot stage of the war, we should take under [the] NATO umbrella the territory of Ukraine that we have under our control.” He elaborated that such a move should be executed quickly and added, “Then Ukraine can get back the other part of its territory diplomatically.”

Zelensky indicated that after an initial ceasefire agreement, diplomatic efforts would be pursued to reclaim territories in eastern Ukraine currently occupied by Russia. This marks a departure from Ukraine’s earlier position of fighting until its internationally recognized borders, including Crimea and the four regions annexed by Russia in 2022, were restored.

This pivot in policy comes as international dynamics evolve. Former U.S. President Donald Trump is preparing to assume office, promising to end the war on his “first day” in power. Simultaneously, European support for a peace agreement is reportedly growing.

Trump’s Influence on Peace Efforts

Trump’s team has floated potential plans for a peace deal that would freeze the current front lines in place. Under this proposal, Ukraine would pause its NATO membership ambitions for two decades while receiving substantial U.S. military support to deter further Russian aggression.

Zelensky hinted that his proposal for a “NATO umbrella” might not equate to full NATO membership, a prospect Russian President Vladimir Putin has firmly rejected. Instead, it could involve individual security commitments from NATO members such as the United States, Britain, France, and Germany.

When asked whether Ukraine would consider surrendering territory in exchange for NATO membership, Zelensky clarified, “No one has offered us to be in NATO with just one part or another part of Ukraine.” He added that it “could be possible, but no one offered.”

However, Zelensky expressed openness to ceding Russian-occupied areas in exchange for NATO guarantees over the rest of Ukraine. His comments suggest a pragmatic approach as international negotiations gain momentum.

Growing Support for Multinational Peacekeeping

The impending inauguration of Trump on January 20 is expected to hasten discussions about ending the war. Reports indicate that Trump is considering a proposal for an 800-mile buffer zone between Ukrainian and Russian forces, potentially enforced by European and British troops.

Former British Prime Minister Boris Johnson has weighed in, advocating for European peacekeeping forces to monitor a potential ceasefire line. Speaking to The Telegraph, Johnson said, “I don’t think we should be sending in combat troops to take on the Russians. But I think as part of the solution, as part of the end state, you’re going to want to have multinational European peacekeeping forces monitoring the border [and] helping the Ukrainians.”

Johnson emphasized that Western nations must provide clear security guarantees to Ukraine as part of any peace agreement, ensuring Russia cannot regroup and launch renewed attacks in the future. He added, “I cannot see that such a European operation could possibly happen without the British.”

The Risks and Conditions of a Ceasefire

In his interview, Zelensky underscored the importance of ensuring that any ceasefire agreement prevents future Russian aggression. Switching to English in the latter part of the conversation, he revealed that various nations had unofficially proposed ceasefire agreements. “A lot of different countries proposed a ceasefire,” he said. “The question is, ceasefire where?”

Zelensky emphasized the necessity of NATO guarantees to secure lasting peace. “We need [NATO protection] very much, otherwise [Putin] will come back,” he said. Highlighting the danger of a fragile ceasefire, he posed the critical question, “How are we going to go to a ceasefire? So for us, it’svery dangerous.”

The Ukrainian president’s shift in stance reflects growing international pressure and the complex calculations surrounding the war. By linking the possibility of territorial concessions to NATO-backed security, Zelensky signals his willingness to explore solutions that balance immediate peace with long-term national sovereignty.

As negotiations continue to unfold, Zelensky’s approach may play a pivotal role in shaping the trajectory of the conflict and the future of Ukraine.

Tulsi Gabbard’s DNI Nomination Sparks Controversy Amid Concerns Over Past Statements and Associations

Former congresswoman Tulsi Gabbard’s selection as the next US Director of National Intelligence (DNI) by President-elect Donald Trump has reignited debates over her controversial political stances. Gabbard’s 2017 meeting with Syrian President Bashar al-Assad and her remarks on Russia’s invasion of Ukraine have drawn intense scrutiny as she prepares for a role that would make her responsible for 18 intelligence agencies and serve as a principal adviser to the president.

If confirmed, Gabbard would oversee some of America’s most sensitive secrets, a responsibility that has raised concerns among former national security officials and lawmakers. Critics argue that her past actions and comments could damage trust and collaboration within the intelligence community and with foreign allies.

Retired diplomat Lewis Lukens, who previously served as deputy chief of mission at the US embassy in London, voiced apprehensions about Gabbard’s judgment, suggesting it could undermine intelligence-sharing relationships. “Her dubious judgment could give allies reason to question how safe it is to share intelligence with the US,” Lukens told the BBC.

Gabbard, a lieutenant colonel in the Army Reserve with deployments to Iraq and Kuwait, has dismissed such concerns, calling her detractors “warmongers” seeking to discredit anyone challenging Washington’s foreign policy orthodoxy. Trump defended his decision, praising Gabbard’s “fearless spirit” and commitment to public service, which he claimed would benefit the intelligence community.

Yet, Gabbard’s appointment has drawn praise from Russian state media, adding fuel to the controversy. Olga Skabeyeva, a prominent Russian talk show host, highlighted Gabbard’s criticism of US actions in Ukraine and her meeting with Assad as examples of her alignment with Russian perspectives. “Virtually from the first days of Russia’s special operation in Ukraine, she explained its reasons,” Skabeyeva said.

Gabbard’s political career has been marked by a mix of anti-war rhetoric and skepticism toward US intelligence operations, earning her both admiration and criticism across party lines. However, her decision to visit Assad in 2017 during a “fact-finding” mission as a congresswoman stirred widespread outrage. Her subsequent doubts over US intelligence assessments that Assad’s forces used chemical weapons against civilians exacerbated the backlash.

After a 2017 chemical attack in Syria killed over 80 people, the Trump administration launched airstrikes on a Syrian airbase, an action Gabbard labeled “reckless and short-sighted.” She argued that such moves risked escalating the Syrian conflict and hindering investigations into the attack. US intelligence and a UN panel later concluded that Assad’s government was responsible for the sarin gas attack. However, both Assad and Russia denied the allegations, claiming the airstrike hit a rebel-held depot containing chemical munitions.

These events loomed over Gabbard’s unsuccessful 2019 bid for the Democratic presidential nomination. Defending her stance, she asserted that Assad was “not the enemy of the United States because Syria does not pose a direct threat.”

Her statements regarding Russia’s 2022 invasion of Ukraine further fueled controversy. Gabbard suggested the war could have been avoided if the US and NATO had acknowledged Russia’s security concerns over Ukraine’s potential NATO membership. Additionally, she claimed that US-funded biolabs in Ukraine might be compromised, leading to the release of dangerous pathogens. This statement aligned with Russia’s unfounded allegations that the US was aiding Ukraine in developing biological weapons, drawing sharp criticism from figures like Republican Senator Mitt Romney, who accused Gabbard of spreading “treasonous lies.” In response, Gabbard sent Romney a cease-and-desist letter.

During the 2024 presidential campaign, Gabbard accused Vice President Kamala Harris of being the “main instigator” of the Ukraine conflict, citing Harris’ support for NATO’s expansion. Trump’s former UN ambassador, Nikki Haley, who opposed him in the Republican primary, recently declared that Gabbard’s views made her unsuitable for a high-level intelligence role. “This is not a place for a Russian, Iranian, Syrian, Chinese sympathiser,” Haley stated.

Some officials worry Gabbard’s appointment could jeopardize the trust between the US and its allies. A former senior White House official expressed concern that her differing views on figures like Assad and Russian President Vladimir Putin might disrupt intelligence diplomacy. “It certainly will raise real questions in the minds of foreign counterparts,” the official told the BBC. A former NATO official echoed this sentiment, questioning why someone with “wacky views” and no relevant background would be entrusted with such a critical position.

However, not all foreign allies expect drastic changes. Duncan Lewis, former head of Australia’s domestic spy agency, emphasized the strength of the US-Australian alliance, saying, “Our bilateral security relationship is strong and long-standing, and I expect that to continue.”

The nomination process for DNI is expected to be contentious. The DNI shapes the president’s daily intelligence briefing, giving them significant influence over national security priorities. Some senators have expressed reservations about Gabbard’s suitability. Michigan Senator Elissa Slotkin, a Democrat and former CIA officer, noted that Gabbard’s past statements appear to favor adversarial positions. “Certainly, it gave me pause when I heard the nomination,” Slotkin said.

Senator James Lankford, a Republican on the Senate Intelligence Committee, indicated that Gabbard would face tough questions about her history, including the Assad meeting. Conversely, Republican Senator Eric Schmitt criticized accusations from Democrats that Gabbard was “compromised,” calling such claims “totally ridiculous” and baseless. Senator Markwayne Mullin, also a Republican, described Gabbard as a “solid choice” and encouraged skeptics to engage with her directly. “What I’ve been telling everybody is just sit down and talk to her,” Mullin said.

Gabbard’s nomination highlights the broader divisions within US politics over foreign policy and the role of intelligence. Her anti-establishment views and unconventional approach may appeal to Trump’s base, but they also raise significant concerns about her ability to foster trust and cooperation within the intelligence community and with global allies. As the Senate gears up for what promises to be a heated confirmation process, Gabbard’s past actions and statements will undoubtedly remain under the microscope.

Indian Rupee Suffers Its Worst Month in Eight as Dollar Strengthens Post-Trump Win

The Indian rupee ended November with its most significant monthly loss in eight months, primarily impacted by Donald Trump’s victory in the U.S. presidential election, which spurred a surge in the dollar and U.S. bond yields, alongside continued foreign portfolio outflows.

On Friday, the rupee closed at 84.4825 against the dollar, nearly unchanged for the day but hovering near its record low of 84.5075 reached the previous week. Over the course of the month, the currency depreciated by nearly 0.5%, marking its steepest monthly decline since March.

The dollar has strengthened, and U.S. yields have risen notably following Trump’s win in the November 5 election. This trend has adversely affected emerging market assets. The dollar index climbed by 2% in November, while the 10-year U.S. Treasury yield peaked at 4.50% earlier in the month, the highest level since July.

In November, foreign investors sold more than $1.7 billion worth of Indian stocks and bonds, adding to the $11.5 billion net outflow recorded in October. Despite these pressures, the rupee managed to outperform many of its regional counterparts, primarily due to the proactive measures by the Reserve Bank of India (RBI).

The RBI has actively intervened in various markets to support the rupee, including selling dollars in the spot, futures, and non-deliverable forward markets. Furthermore, the central bank has urged banks to curtail speculative trading against the currency and has intensified monitoring of their foreign exchange activities.

Market participants anticipate the RBI will maintain its firm stance to protect the rupee, permitting only a controlled and gradual depreciation.

Looking ahead, emerging market currencies, including the rupee, could remain under pressure as Trump’s administration prepares to take office in January. Investors are keenly awaiting details of his policies, particularly regarding trade tariffs, which could significantly impact global markets.

“We believe the Indian rupee and IGB (Indian government bonds) would be the most resilient assets in Asia under the Trump presidency,” stated analysts at Societe Generale in a note.

On Friday, Asian currencies generally benefited from a softer dollar. However, the rupee failed to gain traction due to persistent dollar demand from foreign banks, according to traders.

This complex interplay of global economic factors and domestic interventions has placed the rupee in a challenging position, reflecting broader uncertainties in the emerging market landscape.

Trump 2.0: What the 2024 Election Means for Energy and Climate Policy

The 2024 presidential election has ushered in a new administration under Donald Trump, yet the nation remains sharply divided over numerous issues, including energy and climate change policies. Experts have started assessing the potential implications of Trump’s second presidency, often referred to as “Trump 2.0,” for both domestic and international policy.

“Trump’s presidency will have huge reverberations for international policy,” remarked David Victor, a professor of innovation and public policy at the School of Global Policy and Strategy, in a Nature commentary.

Victor’s comments set the stage for a recent roundtable discussion centered on the effects of Trump’s return to office. The panel included Victor; Thad Kousser, a professor in the UC San Diego Department of Political Science; and Varun Sivaram, who served in the Biden administration as a senior advisor to U.S. Special Presidential Envoy for Climate John Kerry. Jade Hindmon, journalist and host of KPBS’ Midday Edition, moderated the event.

Held on November 18, the discussion explored key takeaways from the election results and their implications over the next four years. Topics included the U.S.’s stance on international agreements, the role of markets in decarbonization, bipartisan opportunities, and challenges in navigating public opinion on climate issues.

Withdrawing from the Paris Agreement

One major concern is Trump’s likely withdrawal from the Paris Agreement, which he exited during his first term. President Joe Biden rejoined the accord, but experts predict Trump may pull out again, possibly as early as his first day back in office.

“I actually think it’s good for them to leave the Paris Agreement,” Victor stated. “All of these agreements work through consensus, and so if you have one country whose diplomats have a political brief to cause trouble, you’re better off not having them have a formal vote.”

Victor elaborated that while the absence of U.S. leadership in such agreements is concerning, it might be preferable to avoid disruption from within. He posed an important question: “The key, though, is, what does the rest of the world do?”

Market-Driven Decarbonization

Despite concerns about policy shifts, panelists agreed that markets will continue driving decarbonization efforts, regardless of the administration in power.

“There is bipartisan consensus on supporting the next generation of energy technology innovation,” noted Sivaram, who is also a senior fellow for energy and climate at the Council on Foreign Relations. He emphasized that technological advancements decoupling energy production from emissions will proceed independently of White House policies.

Victor supported this view, stating, “That revolution is underway, and it isn’t really affected by who’s in the White House. The President is not some Wizard of Oz who’s pulling all these levers and changing everything outside in the economy.”

Bipartisan Opportunities for Climate Action

Sivaram expressed cautious optimism about certain bipartisan initiatives continuing under Trump. “My hope is to still see research and development for the next generation of batteries and geothermal energy,” he said. He also highlighted nuclear power as a potential area for bipartisan collaboration, especially given the rise in energy demand fueled by artificial intelligence technologies.

Victor noted that Trump’s threats to defund the Inflation Reduction Act (IRA), a cornerstone of Biden’s climate agenda, may face resistance from Republican lawmakers. “Most of the funds are flowing to red states,” he pointed out, suggesting that fiscal benefits could sway Republicans to support the legislation despite Trump’s opposition.

Challenges of Political History

Historical patterns indicate that a unified government under one party, as the Republicans now enjoy, does not guarantee sweeping legislative victories. Trump’s party gained majorities in both the House and Senate, but narrow margins could prove problematic.

“I think we’re going to see a test over the next two years on whether history repeats itself,” Kousser observed. He recalled how past presidents, including Bill Clinton, Barack Obama, and Trump himself, faced significant legislative setbacks despite initial optimism.

“Obamacare is stronger, more popular, and has been more embraced by red state policymakers than ever since then,” Kousser added, highlighting the long-term resilience of major policies despite partisan attempts to dismantle them.

Victor suggested that Trump could also encounter resistance from fiscally conservative Republicans when proposing tax cuts. “People are going to start paying attention to costs and the deficit,” he explained. He predicted that moderate Republican senators, such as Lisa Murkowski and Susan Collins, could become pivotal figures, akin to Democratic Senator Joe Manchin during Biden’s presidency.

Public Opinion on Climate vs. Economic Concerns

Kousser underscored a notable disconnect between the increasing prevalence of climate disasters and their relatively low priority among voters. “Let’s look for where climate is among the top 10 issues that Americans said drove them to the polls,” he said. “It is nowhere. If you look at the Gallup poll on the biggest issues, you have to go to number 16 before you get energy and you have to go to number 21 before you get climate change.”

Hindmon asked Kousser to explain this apparent paradox. He attributed it to the overriding influence of economic concerns. “We saw voters’ views of the economy drive where this election went,” he said, noting that many political models accurately predicted Trump’s victory based on economic dissatisfaction.

Despite this, Kousser acknowledged a gradual shift in public opinion on climate change. “If you look at this question of the percentage of U.S. adults who say climate change is a major threat to the country, there’s been a strong majority in favor of that ever since 2016,” he said.

Isolationism and Administrative Challenges

Victor expressed concern about the Trump administration’s isolationist tendencies and their potential to hinder climate progress. He criticized bipartisan support for policies such as tariffs on China, which began under Trump and continued under Biden.

“If we don’t have access to global markets, and everyone’s turning inward and costs go up, that would be just horrible for the clean energy revolution,” he warned.

Another pressing issue is the potential erosion of expertise within the federal workforce. Victor highlighted Trump’s attacks on civil servants, whom he has criticized as part of a “deep state” obstructing his agenda.

“We are talking about civil servants, many of them scientists,” Victor said. “They are non-partisan and work in the administration from president to president. Many of them will be deeply demoralized, they are going to be wondering whether they have a role in policymaking, whether they’re going to be able to still do their jobs.”

The panel discussion offered a nuanced perspective on the challenges and opportunities of Trump’s second presidency, emphasizing the complex interplay of politics, market forces, and public opinion in shaping the future of climate and energy policy.

U.S. Universities Advise International Students to Return Before Trump’s Inauguration Amid Immigration Uncertainty

As President-elect Donald Trump prepares to take office, concerns are rising among U.S. universities about potential disruptions to international students’ travel and visa statuses. Anticipating significant changes to American immigration policies under the incoming administration, several universities are urging their international students and staff to return to campus before Trump’s inauguration on January 20. These institutions worry that the new president’s hardline stance on immigration, including large-scale deportations and restrictive measures, could lead to complications similar to those faced during his first term.

Prominent universities such as the University of Massachusetts, the Massachusetts Institute of Technology (MIT), and Wesleyan University have issued travel advisories. These advisories strongly recommend that international students return to the U.S. before the inauguration to avoid potential visa issues or travel disruptions. Notably, Trump’s first term saw a series of controversial immigration policies, including a 2017 executive order that banned nationals from several predominantly Muslim countries, as well as from North Korea and Venezuela. The lingering impact of such measures continues to influence university planning and the decision-making of international students.

“A lot of students have concerns about their visas and whether they’ll be allowed to continue their education,” said Chloe East, a professor at the University of Colorado Denver, in an interview with the BBC. This sentiment reflects widespread anxiety among international students who fear that changes to immigration policies could prevent them from returning to or remaining in the U.S. to pursue their academic careers.

To help alleviate some of these concerns, Yale University has taken proactive steps by hosting webinars through its Office of International Students and Scholars. These webinars aim to provide students with updated information and guidance on the potential shifts in immigration policies under the Trump administration, helping them navigate the uncertainty of the coming months.

The uncertainty surrounding immigration policies is particularly affecting undocumented students in the U.S. According to the Higher Ed Immigration Portal, more than 400,000 undocumented students are currently enrolled in U.S. higher education, many of whom are unsure of their future in the country. The Trump administration’s previous attempts to end the Deferred Action for Childhood Arrivals (DACA) program, which provides protections for migrants brought to the U.S. as children, have left many international students feeling vulnerable. Although former Immigration and Customs Enforcement (ICE) official Tom Homan has emphasized that violent criminals and national security threats will be prioritized for deportation, many international students remain fearful that other groups, including those on student visas, may face heightened scrutiny under the new administration.

Aoi Maeda, a Japanese student at Earlham College in Indiana, expressed her concern about the future of international students under Trump’s immigration policies. “I feel like us international students with a visa might get affected, and it’ll become easier to deport us,” Maeda shared. She explained that the uncertainty surrounding her visa status is making it more difficult to focus on her academic progress and future career goals.

International students from China are particularly apprehensive about the potential for stricter immigration policies targeting Chinese nationals. Rising tensions between the U.S. and China have only intensified these concerns, as many Chinese students fear that the political climate will lead to increased scrutiny and more stringent visa regulations.

Amid these challenges, university officials and faculty members are striving to provide as much support as possible to international students. University leaders have emphasized the importance of reassuring students during a time of political uncertainty. “Students are incredibly overwhelmed and stressed out right now as a result of the uncertainty around immigration,” noted Professor East. The heightened anxiety is exacerbated by the unpredictability of Trump’s immigration policies and the possible impact they will have on students’ ability to study and remain in the U.S.

The education community has also underscored the broader implications of the Trump administration’s immigration policies on academic diversity and international collaboration. Many universities are emphasizing the importance of maintaining a welcoming environment for students from around the world, recognizing that international students contribute significantly to the cultural and intellectual richness of U.S. campuses. As part of these efforts, universities are urging international students to be proactive about their visa status and take steps to minimize potential disruptions.

By advising students to return to the U.S. before Trump’s inauguration, universities hope to help mitigate some of the possible challenges caused by the anticipated changes in immigration policy. Although the future remains uncertain, universities are committed to supporting their international communities and ensuring that students can continue their academic journeys without fear of deportation or visa-related complications.

The uncertainty surrounding U.S. immigration policies under President-elect Trump has led several universities to take precautionary measures to protect their international students. The advisory to return to campus before January 20 is a reflection of the anxiety and fear that many international students are facing regarding their visas and their ability to continue their studies. With immigration policies remaining in flux, universities are stepping up to offer guidance and reassurance to their international communities, emphasizing the importance of maintaining academic diversity and global collaboration.

As Trump prepares to assume office, the future of U.S. immigration policies remains a key point of concern for international students, staff, and academic communities across the country.

Trump’s Strategy for Ending the Russia-Ukraine War Takes Shape, Amid Multiple Proposals and Uncertainty

President-elect Donald Trump’s national security adviser designate, Mike Waltz, has been reviewing various strategies to resolve the ongoing conflict between Russia and Ukraine, including proposals from Gen. Keith Kellogg, who was recently appointed as special envoy to the two countries. Sources familiar with the matter revealed that while the specifics of the approach are still in development, one of the key initial steps likely to be advocated by Trump’s team is a ceasefire to temporarily freeze the conflict while both sides enter negotiations. In addition, Trump’s administration is expected to encourage European allies and NATO to share more of the financial burden for supporting Ukraine.

“We need to bring this to a responsible end,” Waltz told Fox News over the weekend. “We need to restore deterrence, restore peace, and get ahead of this escalation ladder, rather than responding to it.”

During his campaign, Trump repeatedly stated that if he had been president, the Russia-Ukraine war would never have started. He also vowed to put an end to the conflict, sometimes claiming that he could resolve the situation in a single day. In his September presidential debate against Vice President Kamala Harris, Trump refused to explicitly commit to Ukraine’s victory over Russia. Later that month, he suggested that Ukraine should have been more willing to make concessions to Moscow, claiming that “any deal, even the worst deal, would have been better than what we have right now.”

The proposals Waltz is considering include one from Gen. Keith Kellogg, who served as an adviser on national security during Trump’s first term. Trump expressed his satisfaction with Kellogg’s appointment, saying, “I am very pleased to nominate General Keith Kellogg to serve as Assistant to the President and Special Envoy for Ukraine and Russia. Keith has led a distinguished Military and Business career, including serving in highly sensitive National Security roles in my first Administration. He was with me right from the beginning! Together, we will secure PEACE THROUGH STRENGTH, and Make America, and the World, SAFE AGAIN!”

Kellogg’s plan suggests that continued U.S. military aid to Ukraine should be contingent upon Ukraine’s active participation in peace talks with Russia. It also calls for a formal U.S. policy aimed at seeking a ceasefire and a negotiated settlement to the Ukraine conflict. Furthermore, the proposal recommends postponing Ukraine’s desire to join NATO, which would be used as leverage to bring Russia to the negotiating table.

Waltz has also reviewed an alternative proposal supported by Trump’s former ambassador to Germany, Ric Grenell, which includes the creation of “autonomous regions” within Ukraine. However, Grenell has not yet provided detailed explanations on what such regions would entail. In a previous interview, Grenell stated, “Autonomous regions can mean a lot of things to a lot of people, but you got to work through those details.”

Another proposal under consideration is one that could see Russia retaining control over its current territory in exchange for Ukraine receiving NATO membership. However, few figures within Trump’s inner circle seem keen on the idea of Ukraine joining NATO in the near future, a view that aligns with the Biden administration’s stance. President Joe Biden’s team has stated that while Ukraine will eventually join NATO, that process will only occur once the war has concluded.

Ukraine has been a central topic in Waltz’s discussions with Jake Sullivan, President Biden’s national security adviser. Following these talks, a Trump transition spokesman confirmed the president-elect’s commitment to ending the war. Trump communications director Steven Cheung remarked, “As President Trump has said on the campaign trail, he is the only person who can bring both sides together in order to negotiate peace, and work towards ending the war and stopping the killing.”

While the Trump administration is exploring different paths to end the conflict, sources caution that it is still “too early” to define the strategy’s final shape. Trump’s approach to foreign policy, particularly with regard to the Ukraine war, is often subject to change, and the transition process suggests that the overall strategy remains fluid. One source involved in internal transition discussions noted that Trump’s positions tend to evolve, meaning his plans for Ukraine will likely shift over time.

Ukrainian President Volodymyr Zelensky has been vocal about his hopes for a diplomatic resolution to the war, stating earlier this month, “From our side, we must do everything so that this war ends next year, ends through diplomatic means.” However, Zelensky has also rejected the idea of a ceasefire unless security guarantees from the West are included. Reflecting on past attempts to negotiate peace, Zelensky warned, “Ceasefire? We tried that in 2014, we tried to reach it and then we lost Crimea and then we had the full-scale war in 2022.”

Zelensky also remarked during a conference in Budapest that he believes Trump genuinely wants a swift resolution to the war. He noted, “I believe that President Trump really wants a quick decision to end the war. He wants this war to be finished. We all want to end this war, but a fair ending. … If it is very fast, it’s going to be a loss for Ukraine.”

Trump’s allies, who have been appointed to key national security positions, have indicated that the president-elect is considering various strategies to bring both Russia and Ukraine to the negotiating table. Some of these options appear to contradict his past statements on the conflict. For instance, Sebastian Gorka, recently appointed as one of Waltz’s top deputies, referred to Russian President Vladimir Putin as a “thug” and suggested that the U.S. might increase military aid to Ukraine to expedite an end to the war. In a recent interview with Times Radio, Gorka said, “I will give one tip away that the president has mentioned, he will say to that murderous former KGB colonel, that thug who runs the Russian federation, you will negotiate now or the aid we have given to Ukraine thus far will look like peanuts. That’s how he will force those gentlemen to come to an arrangement that stops the bloodshed.”

Simultaneously, Trump’s team is considering taking a firm stance with Ukraine as well. One source familiar with the discussions noted that Trump may threaten to withhold aid from Ukraine unless the country agrees to negotiate with Russia. This approach would complement efforts to pressure Moscow while ensuring Ukraine is brought to the table for talks.

In recent weeks, the Biden administration allowed Ukraine to use U.S.-made long-range missiles to strike targets within Russian territory. This decision followed months of lobbying from Zelensky, who had requested approval to use the ATACMS missiles. The U.S. granted this request in mid-November. Additionally, the Biden administration lifted a restriction on U.S. contractors working in Ukraine, enabling faster repairs of advanced systems like F-16 fighter jets and Patriot missile defense systems.

As Trump prepares to take office, the war in Ukraine remains a key focus for his administration. The proposed strategies are still in flux, with Trump and his team considering a range of options to bring about a resolution. While the specific approach may change over time, Trump’s commitment to ending the war and bringing peace to the region remains a central priority.

Understanding the Distinction Between Miss World and Miss Universe

For those unfamiliar with beauty pageants, the distinction between Miss World and Miss Universe often raises questions. Are they similar events? Why do two major pageants exist?

Both Miss World and Miss Universe are globally renowned for celebrating beauty, talent, and grace, but they have distinct identities shaped by their unique branding and missions.

Miss World operates under the motto “Beauty with a Purpose,” emphasizing humanitarian efforts, social impact, and charity. Contestants are judged not only on their beauty and talent but also on their commitment to making a positive difference in society.

Conversely, Miss Universe focuses on the message “Confidently Beautiful,” aiming to empower women by celebrating confidence, individuality, cultural inclusivity, and self-assurance.

Miss World is headquartered in London and is managed by Miss World Limited. Miss Universe, on the other hand, operates out of New York City and Bangkok under the guidance of the Miss Universe Organization (MUO).

While both pageants are synonymous with glamour and prestige, their distinct histories, judging criteria, and objectives set them apart in the competitive world of pageantry.

Historical Foundations

Miss World was established in 1951 by Eric Morley in the United Kingdom, making it the oldest international beauty pageant still in existence. Following Morley’s death in 2000, his wife, Julia Morley, assumed leadership and has since continued to co-chair the event.

Miss Universe debuted a year later, in 1952, in the United States. Over the years, its ownership has changed hands. From 1996 to 2015, the pageant was owned by former U.S. President Donald Trump. Subsequently, it was acquired by IMG before being purchased by Anne Jakapong Jakrajutatip, a prominent Thai businesswoman and LGBTQ+ rights advocate.

Differences in Global Reach

Miss World emphasizes philanthropy and honors six Continental Queens who represent various regions globally. In contrast, Miss Universe boasts an expansive global audience, broadcasting in 190 countries and attracting over 500 million viewers annually.

The First Titleholders

Both pageants have a rich legacy of crowning remarkable women:

  • Miss World’s first winner was Kiki Hakansson from Sweden in 1951.
  • Miss Universe’s inaugural titleholder was Armi Kuusela from Finland in 1952.

Diverging Ideals

Miss World is deeply rooted in celebrating beauty that drives meaningful social change through charity and humanitarian initiatives. Its contestants are often celebrated for their efforts to create a positive impact on the world.

Miss Universe, on the other hand, centers on empowering women to showcase their confidence and individuality on a global stage. It serves as a platform to highlight self-assured women who embrace their unique identities and cultural backgrounds.

Despite their shared prominence in the pageantry world, Miss World and Miss Universe cater to distinct ideals. This divergence makes them unique and ensures that they resonate with diverse audiences across the globe.

Trump Names Dr. Jay Bhattacharya as Candidate for NIH Director, Sparking Debate

President-elect Donald Trump has announced Dr. Jay Bhattacharya, a Stanford University health researcher, as his choice for the next director of the National Institutes of Health (NIH). Dr. Bhattacharya, a physician and health economist, will require Senate confirmation to assume the role. The NIH, which employs over 18,000 people and allocates nearly $48 billion annually in scientific research funding, could see significant changes under his leadership.

“Together, Jay and RFK Jr. will restore the NIH to the Gold Standard of Medical Research as they examine the underlying causes of, and solutions to, America’s biggest Health challenges, including our Crisis of Chronic Illness and Disease. Together, they will work hard to Make American Healthy Again!” Trump stated while announcing the nomination.

If confirmed, Bhattacharya will lead the world’s largest public funder of biomedical research at a time when the NIH may face restructuring as part of broader government reforms. Historically supported by both political parties, the NIH faced proposed budget cuts under Trump’s first administration. During the COVID-19 pandemic, the agency drew sharp criticism from some Republicans, a sentiment that persists toward its former leaders, Dr. Anthony Fauci and Dr. Francis Collins.

Bhattacharya gained attention during the pandemic for co-authoring “The Great Barrington Declaration,” a controversial open letter released in October 2020. The document criticized lockdowns and mask mandates, advocating for herd immunity by allowing low-risk populations to become infected while protecting the vulnerable. Public health experts widely condemned it, with Collins describing it as “dangerous” and “fringe.” Dr. Gregory Poland, president of the Atria Academy of Science & Medicine, expressed concern about Bhattacharya’s appointment, stating, “They were wrong. So it is concerning.”

Virologist Angela Rasmussen of the University of Saskatchewan offered a harsher critique, stating, “I don’t think that Jay Bhattacharya belongs anywhere near the NIH, much less in the director’s office. That would be absolutely disastrous for the health and well-being of the American public and actually the world.”

However, Bhattacharya’s supporters argue his leadership could bring necessary reforms to the NIH. Kevin Bardosh, head of Collateral Global, praised him as a “visionary leader” who could challenge the NIH’s perceived “culture of groupthink.” Similarly, Martin Kulldorf, one of Bhattacharya’s co-authors of the declaration, commended him as an evidence-based scientist capable of restoring the NIH’s integrity.

Dr. Ashish Jha, who served as President Biden’s COVID-19 Response Coordinator, offered a more balanced perspective. “There were times during the pandemic where he took a set of views that were contrary to most people in the public health world, including my own views. But he’s fundamentally a very smart, well-qualified person,” Jha noted. He added that while Bhattacharya holds controversial views, his overall body of work places him within the scientific mainstream.

Bhattacharya’s potential tenure coincides with other controversial appointments, including Robert F. Kennedy Jr., a known critic of vaccines and mainstream medicine, as the likely head of the Department of Health and Human Services. Kennedy has suggested replacing hundreds of NIH employees. Jha highlighted the challenge Bhattacharya may face working under Kennedy, noting, “He’ll have to deal with a boss who holds deeply unscientific views. That will be a challenge for Jay Bhattacharya but I suspect that will be a challenge for anybody who becomes the head of NIH.”

Proposals to restructure the NIH are already being discussed by Republican lawmakers and conservative think tanks. One idea involves consolidating the NIH’s 27 institutes and centers into 15, while another suggests implementing term limits for NIH leaders. Critics argue these changes could undermine the agency’s mission. Kulldorf, however, believes reforms are essential, stating, “In the United States, we abandoned evidence-based medicine during the pandemic. Therefore, there’s now enormous distrust… NIH has an important role to restore the integrity in medical research and public health research.”

Other proposed reforms include giving states block grants to allocate research funding, bypassing the NIH’s peer-review system. While some view this as a way to decentralize decision-making, others fear it could reduce the NIH’s budget and compromise the quality of research. Rasmussen voiced concerns, saying, “What I worry about is that if somebody like Jay Bhattacharya comes in to ‘shake up’ the NIH, they’re going to dismantle the NIH and prevent it from actually doing its job rather than just carry out constructive reforms.”

The Trump administration’s potential approach to certain types of research could further complicate matters. Fields like “gain-of-function” research, which examines how pathogens become more dangerous, may face stricter oversight. Some experts, like Daniel Correa of the Federation of American Scientists, support tighter lab security and oversight, stating, “Tightening lab security and revisiting and strengthening oversight over risky research… would be welcome.”

However, concerns exist that other areas of research, such as studies involving fetal tissue, could face renewed restrictions. Dr. Lawrence Goldstein of the University of California, San Diego, warned against such bans, explaining, “If Americans want to see rapid research on repairing organ damage and brain damage and all the other diseases we’re trying to fight, fetal tissue is a really important part of that toolbox.”

Bhattacharya’s nomination comes at a time of heightened political scrutiny of the NIH. The agency’s role in the pandemic response, including controversial guidance on masks and vaccines, made it a lightning rod for criticism. Fauci, in particular, became both a celebrated figure and a target for attacks, especially regarding his stance on the virus’s origins.

As Bhattacharya awaits Senate confirmation, debates over the NIH’s future continue. His critics worry about the agency’s direction under his leadership, while his supporters see an opportunity for meaningful change. Whether his appointment will bring constructive reforms or contentious disruptions remains to be seen.

Special Counsel Drops Federal Cases Against Trump as President-Elect Gains Immunity

Special counsel Jack Smith has formally moved to dismiss the federal election subversion and classified documents mishandling cases against President-elect Donald Trump. In court filings on Monday, Smith requested the cases’ dismissal, marking a significant development in the legal battles surrounding Trump.

Trump, who had openly declared his intention to dismiss Smith upon resuming office, has continued to break with longstanding norms regarding special counsel investigations.

“The (Justice) Department’s position is that the Constitution requires that this case be dismissed before the defendant is inaugurated,” Smith wrote regarding the election subversion case in a six-page filing to US District Court Judge Tanya Chutkan in Washington, DC. He emphasized, “This outcome is not based on the merits or strength of the case against the defendant.”

Judge Chutkan dismissed the case without prejudice on Monday afternoon, allowing for the possibility of future prosecution.

Smith’s investigations into Trump for alleged attempts to overturn the 2020 presidential election and mishandling classified documents were unprecedented, marking the first time a former U.S. president faced federal criminal charges. Despite the cases’ historic nature, the election subversion trial faced delays that prevented it from proceeding before the November election.

Smith charged Trump in Washington, DC, for efforts to overturn the 2020 election, a campaign that culminated in the January 6, 2021, attack on the U.S. Capitol. Regarding the dismissal, Smith clarified, “The Government’s position on the merits of the defendant’s prosecution has not changed.”

Prosecutors recently argued that a landmark Supreme Court ruling granting Trump partial presidential immunity should not affect the case. Judge Chutkan had been assessing how much of Trump’s conduct was protected by immunity when Smith filed the motion for dismissal.

In a related case in Florida, Trump faced charges for allegedly taking classified national defense documents from the White House and resisting efforts by the government to recover them. Trump pleaded not guilty to all charges in both cases.

Reacting to the dismissal, Trump spokesperson Steven Cheung hailed it as “a major victory for the rule of law.” He added, “The American People and President Trump want an immediate end to the political weaponization of our justice system and we look forward to uniting our country.”

Appeal Continues Against Trump Employees

While the charges against Trump have been dropped, Smith indicated in a filing with a federal appeals court that the prosecution of two of Trump’s employees, Walt Nauta and Carlos de Oliveira, would continue.

Nauta and de Oliveira are accused of assisting Trump in obstructing a federal investigation into classified documents taken from the White House. Both employees have pleaded not guilty, and their case is now before the 11th U.S. Circuit Court of Appeals, which is reviewing Judge Aileen Cannon’s earlier dismissal of all charges.

John Irving, a defense attorney for de Oliveira, criticized the decision to continue the case against his client. “The special counsel’s decision to proceed in this case, even after dismissing it against President Trump, is an unsurprising tribute to the poor judgment that led to the indictment against Mr. De Oliveira in the first place,” Irving said. He further argued, “Just because you can, doesn’t mean you should. If they prefer a slow acquittal, that’s fine with us.”

Stanley Woodward, Nauta’s lawyer, did not respond to requests for comment.

Temporary Immunity for President-Elect

Smith has emphasized that the dismissal of charges against Trump is “without prejudice,” preserving the option for future prosecution once Trump no longer enjoys presidential immunity. He described the immunity granted to a sitting president as “temporary.”

Smith revealed that the Department of Justice’s Office of Legal Counsel had determined that prosecuting a sitting president is categorically barred, even for charges filed before they assume office.

“Accordingly, the Department’s position is that the Constitution requires that this case be dismissed before the defendant is inaugurated,” Smith wrote. He added, “Although the Constitution requires dismissal in this context, consistent with the temporary nature of the immunity afforded a sitting President, it does not require dismissal with prejudice.”

Judge Chutkan acknowledged the unusual nature of the situation in her ruling. She stated, “Dismissal without prejudice is also consistent with the Government’s understanding that the immunity afforded to a sitting President is temporary, expiring when they leave office.”

State Prosecutions Persist

Trump’s presidential immunity does not extend to prosecutions brought by state authorities, meaning cases in Georgia and New York will continue. However, these cases may still face complications as courts grapple with questions of immunity and the implications of Trump’s return to the White House.

In New York, Trump faces charges in a criminal hush money case. A jury earlier this year convicted him on 34 counts of falsifying business records to conceal a payment made during the 2016 campaign to adult-film star Stormy Daniels, who claims to have had an affair with Trump—a claim he denies. The judge overseeing the case recently postponed Trump’s sentencing indefinitely.

In Georgia, Trump is fighting charges in a sprawling case accusing him and several allies of attempting to overturn his 2020 election loss in the state.

Despite the dismissals at the federal level, these state cases ensure that Trump’s legal challenges are far from over as he prepares to take office again.

Trump Plans Tariffs on Top Trading Partners, Risking Trade Wars

President-elect Donald Trump announced plans on Monday to impose significant tariffs on the United States’ leading trading partners—Canada, Mexico, and China—bringing attention to his campaign promises of economic protectionism. His proposals, which could lead to trade wars, aim to address issues such as drug trafficking and border security but may conflict with existing trade agreements.

Trump, set to assume office on January 20, vowed to levy a 25% tariff on all imports from Canada and Mexico. He linked these measures to efforts to curb the flow of drugs, particularly fentanyl, and to address illegal migration across U.S. borders. These tariffs, if implemented, would likely violate the U.S.-Mexico-Canada Agreement (USMCA), a free trade deal in place since 2020.

In a separate statement, Trump targeted China, announcing plans for “an additional 10% tariff, above any additional tariffs” on Chinese imports. This move comes amid his broader intentions to revoke China’s most-favored-nation trade status and impose tariffs exceeding 60%—a figure much higher than those introduced during his first term as president. The exact details of these tariffs remain unclear.

On his social media platform Truth Social, Trump outlined his approach, declaring, “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders.” These posts represent some of the most concrete plans he has shared since his November 5 election victory, in which he campaigned on a platform of prioritizing American interests.

Mexico and Canada rely heavily on the U.S. market. In 2023, over 83% of Mexico’s exports and 75% of Canada’s exports went to the United States. Trump’s proposed tariffs could also impact international companies, particularly Asian manufacturers that use Mexico as a cost-effective production hub for goods bound for the U.S. market.

The proposed measures could disrupt the USMCA, which ensures largely tariff-free trade among the three countries. The deal, signed by Trump himself in 2020, replaced the North American Free Trade Agreement (NAFTA). However, Trump will have an opportunity to revisit the agreement in 2026 due to its “sunset” clause, which requires renegotiation or renewal.

In the aftermath of Trump’s announcement, he reportedly spoke with Canadian Prime Minister Justin Trudeau about trade and border security. A Canadian source familiar with the discussion described the exchange as constructive, stating, “It was a good discussion and they will stay in touch.”

Experts suggest Trump’s tariff threats may be intended to force an early renegotiation of the USMCA. William Reinsch, a former president of the National Foreign Trade Council, remarked, “This strikes me more as a threat than anything else. I guess the idea is if you keep hitting them in the face, eventually they’ll surrender.”

Mexico’s political leaders, however, cautioned against escalating trade tensions. Ricardo Monreal, a key figure in Mexico’s ruling Morena party, emphasized the need for diplomatic solutions, saying, “Escalating trade retaliation would only hurt the people’s pocketbooks and is far from solving underlying problems.” He proposed using institutional mechanisms to address issues such as human and drug trafficking.

Trump’s announcement affected global financial markets, sparking a rally for the U.S. dollar. The currency gained 1% against the Canadian dollar and 1.6% against the Mexican peso. Meanwhile, stock markets in Asia and Europe declined, although U.S. S&P 500 futures showed minimal change.

China, another target of Trump’s proposed tariffs, has faced criticism from the president-elect over its role in the flow of illegal drugs into the United States. Trump stated, “Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America.”

In response, a Chinese embassy spokesperson in Washington emphasized the mutually beneficial nature of U.S.-China trade and warned against the risks of trade wars. “No one will win a trade war or a tariff war,” said Liu Pengyu. The embassy also highlighted measures China had taken to address fentanyl production following a 2023 U.S.-China meeting, describing claims of deliberate inaction as baseless.

The Chinese foreign ministry expressed a willingness to collaborate with the U.S. on anti-drug efforts, provided the partnership is based on “equality, mutual benefit, and mutual respect.” A ministry statement urged the U.S. to value existing progress in drug control cooperation and preserve the “hard-won sound situation of Sino-U.S. drug control cooperation.”

Chinese Vice President Han Zheng, speaking at a supply chain expo in Beijing, underscored China’s commitment to global economic stability. He stated that China is prepared to work with other nations to foster an open world economic system and safeguard international supply chains. This comes at a time when China’s economy is grappling with challenges such as a prolonged property market downturn, mounting debt, and weak domestic demand.

During his campaign, Trump floated additional tariff proposals, including blanket duties of 10% to 20% on nearly all imports and tariffs as high as 200% on cars crossing the U.S.-Mexico border. Mexico’s finance ministry responded by highlighting the economic ties between the two nations, stating, “Mexico is the United States’ top trade partner, and the USMCA provides a framework of certainty for national and international investors.”

Economists have raised concerns about Trump’s overall tariff strategy, viewing it as one of his most impactful economic policies. They warn that such measures could drive U.S. import duties to levels not seen since the 1930s, leading to inflation, disruptions in U.S.-China trade, retaliatory actions from other nations, and significant changes to global supply chains.

Trump’s proposed tariffs reflect his campaign’s “America First” stance but risk straining relationships with key trading partners and violating existing agreements. While his threats may be part of a broader negotiation strategy, they have already prompted strong reactions from global markets and political leaders. Whether these plans will achieve their intended goals or result in broader economic consequences remains to be seen.

COP29 Sparks Outrage Over Climate Finance Deal and Fossil Fuel Influence

This year’s UN climate summit in Baku, Azerbaijan, began with a contentious celebration of fossil fuels and concluded with a deeply divisive climate finance agreement. Azerbaijani President Ilham Aliyev hailed fossil fuels as a “gift of God,” while developing nations denounced the resulting finance deal as an “insult,” a “joke,” and a “betrayal.”

The central issue at COP29 was determining how much wealthy nations, which bear the most responsibility for climate change, should contribute to support poorer countries that suffer its worst impacts. The agreed-upon figure was $300 billion annually by 2035—a sum affluent nations defended as the best they could offer. However, developing countries condemned it as “abysmal,” far below the $1.3 trillion economists estimate is required to address a crisis these nations did not cause.

The summit’s bitter conclusion has left many questioning the effectiveness of the UN’s COP process. Critics argue that its diminishing ambition risks rendering it irrelevant. Amidst geopolitical turbulence, including the election of a U.S. president dismissive of climate change, some believe Baku could mark the decline of multilateral climate negotiations.

Harjeet Singh of the Fossil Fuel Treaty Initiative voiced his dismay, stating, “The dismal outcomes of COP29 … have raised serious concerns about the integrity of the global climate negotiation process.”

Fossil Fuel Dominance at COP29

While COP summits are notoriously challenging, they have achieved significant milestones, such as the 2015 Paris Agreement, where countries committed to limiting global warming to well below 2 degrees Celsius, aiming for 1.5 degrees. Despite these commitments, the world is now on track for its hottest year ever, with greenhouse gas emissions at unprecedented levels.

Payam Akhavan, representing the Commission of Small Island States on Climate Change and International Law, criticized the reliance on goodwill from major polluters. “The COP process has thus far failed, because it depends on the good faith of the major polluters, and instead of doing what is necessary for our common survival, they are literally adding fuel to the flames,” Akhavan said.

COP29 was fraught from the outset. Russia, wielding its UN veto power, prevented any European Union country from hosting, leaving Azerbaijan—a nation heavily dependent on fossil fuels and inexperienced in leading high-level climate talks—to mediate discussions on climate finance.

The summit quickly descended into chaos. Key leaders from wealthy nations were notably absent, Argentina withdrew its negotiators, and frustrations boiled over as some developing country representatives walked out during negotiations.

While COPs have been hosted in petro-states before, fossil fuel interests appeared particularly emboldened in Baku. This may have been influenced by the anticipated inauguration of Donald Trump in the U.S., a leader who has vowed to promote extensive oil drilling and abandon the Paris Agreement. Over 1,700 fossil fuel lobbyists and industry representatives attended the summit, outnumbering many country delegations. Saudi Arabia, a longstanding opponent of ambitious climate action, openly rejected any mention of fossil fuels in the final agreement.

The resulting deal drew fierce criticism. Climate advocacy groups likened it to a “band-aid on a bullet wound,” while developing nations expressed their outrage. The Least Developed Countries Group on Climate Change described it as “not just a failure; it is a betrayal,” stating that the dismissal of their needs “erodes the fragile trust that underpins these negotiations and mocks the spirit of global solidarity.”

The End of Multilateral Action?

Despite its shortcomings, the UN climate process remains the only platform where nearly all countries can participate in shaping global climate action. Margaretha Wewerinke-Singh, an international lawyer representing Vanuatu in climate litigation, emphasized its significance, saying, “It’s the only forum where nearly every country has a seat at the table.”

However, the COP process’s credibility is increasingly under threat. Critics argue that fossil fuel interests have hijacked the agenda, undermining the negotiations’ integrity. To regain momentum, Singh urged a systemic overhaul: “The whole system needs reorienting to serve the interests of the most vulnerable, rather than those of fossil fuel lobbyists and polluters.”

Rebuilding trust and ambition will be an uphill battle, especially as geopolitical dynamics shift in favor of leaders who champion fossil fuels and dismiss climate action. Nonetheless, some experts see hope. Akhavan expressed cautious optimism, stating, “Even if in the short-term there might be a regression because of populists and petro-states, there is ultimately no choice but to return to a ‘bigger and better’ COP 2.0.”

Friederike Otto, a climate scientist at Imperial College London, warned against abandoning the COP process altogether. “By lamenting on the broken process, we just add to the stalling and delay,” she said. “We need to save the institutions we have. If we throw them in the gutter, Trump, Putin, and Co. have won already.”

Looking Ahead to COP30

The focus now shifts to COP30, scheduled to take place in Brazil next year. Dubbed the most critical climate summit since Paris, it will provide nations with an opportunity to outline their climate strategies for the next decade. Ensuring the summit’s success will require addressing the systemic flaws highlighted in Baku.

While the road ahead is challenging, many climate advocates believe the COP framework can still drive meaningful action. For this to happen, countries must recommit to the principles of solidarity and equity that underpin global climate agreements. The stakes could not be higher, as the decisions made—or avoided—will shape the planet’s future.

Trump’s Potential Return Sparks Concerns Over National Debt and Spending

When Donald Trump last occupied the White House in 2020, the annual cost of servicing the national debt stood at $345 billion. This figure, though substantial, was manageable due to historically low interest rates. At the time, it was feasible to accumulate more debt through tax cuts and pandemic relief measures because the low borrowing costs ensured repayment burdens remained relatively modest, even as overall debt levels rose significantly.

However, the financial landscape has shifted drastically since then. According to projections from the Congressional Budget Office, the cost of servicing the national debt could surpass $1 trillion by next year. This staggering amount is higher than the expected expenditure on national defense and exceeds combined spending on infrastructure, food assistance, and other Congressional programs.

The dramatic rise in debt servicing costs is largely attributed to climbing interest rates. In April 2020, at the height of the government’s pandemic borrowing spree, the yield on 10-year Treasury notes hit a record low of 0.6%. Fast forward to today, and those yields have surged to 4.4%. This increase reflects investors’ anticipation that a Trump administration would implement income tax cuts, potentially adding trillions of dollars to already ballooning deficits.

Democratic President Joe Biden can counter critiques by pointing to robust economic growth and his administration’s success in avoiding a recession, even as the Federal Reserve raised interest rates to combat inflation. Nonetheless, deficits have remained unusually high during his term. This is partly due to Biden’s policies, which include significant investments to boost domestic manufacturing and combat climate change, as well as the residual effects of Trump’s previous tax cuts.

As Trump’s allies and Republican lawmakers prepare for a possible return to power, they are exploring ways to curb government spending to reduce debt and lower interest rates. Criticizing Biden for his handling of deficits and inflation, they aim to set the stage for potential fiscal reforms under Trump’s leadership.

Key figures in Trump’s camp, including wealthy entrepreneurs Elon Musk and Vivek Ramaswamy, have floated controversial ideas to address government spending. Among their proposals is the refusal to spend funds already approved by Congress, an approach Trump has shown interest in. However, such a move would almost certainly face legal challenges, as it undermines congressional authority over federal expenditures.

Russell Vought, Trump’s budget director during his first term and a likely pick for the role again, has proposed an alternative budget plan. This plan outlines over $11 trillion in spending cuts over the next decade, with the ultimate goal of achieving a surplus.

Michael Faulkender, a finance professor and former Treasury Department official under Trump, has advocated for the repeal of all energy and environmental provisions within Biden’s 2022 Inflation Reduction Act. Speaking before a congressional committee in March, Faulkender argued that dismantling these components would significantly reduce deficits.

Additionally, Trump has expressed support for imposing tariffs on imports as a revenue-generating measure to shrink the deficit. Meanwhile, some Republican lawmakers, such as House Budget Committee Chairman Jodey Arrington of Texas, have suggested implementing work requirements for Medicaid recipients as a cost-cutting strategy.

The current predicament is reminiscent of the early years of Bill Clinton’s presidency, when high interest rates similarly forced the White House to confront the escalating cost of servicing the national debt. Back then, rising yields on 10-year Treasury notes prompted Clinton and Congress to negotiate a deficit reduction agreement, which ultimately led to a budget surplus by 1998.

Reflecting on that era, Clinton political adviser James Carville famously quipped about the power wielded by bond investors in shaping government policy. “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter,” Carville said. “But now I would like to come back as the bond market. You can intimidate everybody.”

As Trump eyes a return to the Oval Office, the interplay between rising debt, interest rates, and government spending will likely take center stage in the nation’s political discourse. Whether his administration can tackle these challenges while delivering on campaign promises remains to be seen.

Trump Announces New Tariffs on Canada, Mexico, and China in First Executive Order

President-elect Donald Trump declared on Monday that he will implement new tariffs on goods imported from Canada, Mexico, and China via an executive order on his first day in office next year.

In a series of posts shared on Truth Social, Trump detailed plans to impose a 25 percent tariff on all Canadian and Mexican imports. Additionally, Chinese imports, already subject to tariffs from his previous term, will face an additional 10 percent tariff. These measures, Trump stated, aim to pressure the three nations to strengthen border security and take decisive action to reduce fentanyl exports to the United States.

“Both Mexico and Canada have the absolute right and power to easily solve this long simmering problem. We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price!” Trump posted on Truth Social.

During his campaign, Trump promised to introduce broad tariffs of 10 percent to 20 percent on all foreign goods, with tariffs on Chinese imports reaching as high as 60 percent. Canada, Mexico, and China are the United States’ top trading partners, making these proposals significant in the context of international commerce.

The announcement comes shortly after Trump revealed his intention to nominate investor Scott Bessent as his Treasury secretary. Bessent’s role will be pivotal in executing Trump’s trade agenda and maintaining stability in financial markets during the anticipated economic disruptions caused by these new measures.

Trump’s tariff plans have a precedent in his previous presidency, during which he frequently shook financial markets and strained relations with major U.S. trading partners. He previously imposed tariffs on foreign steel and aluminum, including imports from Canada and Mexico, citing national security concerns. This action led to the renegotiation of the North American Free Trade Agreement (NAFTA), resulting in the United States-Mexico-Canada Agreement (USMCA), which aimed to boost U.S. manufacturing and enforce stricter labor compliance.

China, however, bore the brunt of Trump’s trade policies during his first term. Trump implemented tariffs on billions of dollars’ worth of Chinese goods in an effort to force Beijing to renegotiate critical aspects of the U.S.-China economic relationship. These actions were part of a broader strategy to address perceived trade imbalances and intellectual property theft, which Trump consistently highlighted as major grievances.

The newly announced tariffs indicate that Trump intends to adopt an even more aggressive stance on trade in his upcoming term. His focus on border security and the opioid crisis, particularly fentanyl, aligns with his broader political messaging, emphasizing national security and economic self-reliance.

With his return to the presidency looming, these tariff proposals are likely to reignite debates over their economic implications and effectiveness in achieving the desired policy outcomes. Critics argue that such tariffs could lead to higher costs for American consumers and businesses, potentially straining the economy. Supporters, however, see them as a necessary step to hold trading partners accountable and prioritize U.S. interests.

As Trump’s trade policies take shape, the impact on international relations and global markets remains to be seen. For now, his proposed tariffs signal a continuation of his confrontational approach to trade, with significant implications for the United States and its trading partners.

The vast majority of Americans celebrate Thanksgiving, but their traditions and activities vary widely

Just a few weeks after a divisive presidential election, millions of Americans will break bread together for Thanksgiving. A new Pew Research Center survey shows how Americans plan to spend the holiday this year – and which Turkey Day traditions and activities are more common than others.

Here are the main takeaways from the survey, conducted Nov. 12-17, 2024, among 9,609 U.S. adults:

Around nine-in-ten Americans (91%) celebrate Thanksgiving. Large majorities in all major demographic groups observe the holiday, though some people are more likely than others to do so. For example, 96% of Americans ages 65 and older celebrate Thanksgiving, compared with somewhat smaller shares of younger adults.

Immigration status also plays a role. While 93% of adults born in the United States celebrate Thanksgiving, the same is true of 88% of immigrants who have been in the country for more than 20 years, 76% of immigrants who have been in the country 11 to 20 years, and 74% of immigrants who have been in the country for a decade or less.

Most Americans (74%) plan to have Thanksgiving dinner with other people this year. Another 5% plan to have Thanksgiving dinner alone, 2% don’t plan to have Thanksgiving dinner – whether it’s because they are working or traveling or for some other reason – and 10% didn’t know their plans yet at the time of the survey. The rest don’t celebrate Thanksgiving.

For some Americans, Thanksgiving dinner includes lots of other people. Around a quarter (26%) expect to have Thanksgiving dinner with more than 10 other people this year, including 7% who expect to have it with more than 20 others.

Smaller get-togethers are more common: 26% of Americans plan to have dinner with six to 10 other people, 15% with three to five other people, and 4% with one to two other people. The remaining Americans plan to have Thanksgiving dinner alone, don’t plan to have Thanksgiving dinner, didn’t know their plans yet or don’t celebrate Thanksgiving.SR 24 11 20 thanksgiving 2

Around a third of Americans (34%) plan to have Thanksgiving dinner at their own home this year, whether hosting others or dining alone. Another 39% plan to go to someone else’s home, while 3% plan to go to a restaurant, hotel or other public place. The rest plan not to have Thanksgiving dinner, didn’t know their plans yet or don’t celebrate the holiday.

Older adults are more likely than younger people to have Thanksgiving dinner at their own home: 40% of Americans ages 50 and older plan to do so this year, compared with 29% of adults under 50.

Afternoon is the most popular time for Thanksgiving dinner, but there’s no consensus on early versus late afternoon. Some 36% of Americans prefer to have Thanksgiving dinner in the early afternoon (that is, between noon and 3 p.m.), while 38% prefer to have it in the late afternoon (between 3 and 6 p.m.). Only 11% of Americans prefer to have Thanksgiving dinner in the evening (after 6), and just 1% prefer to have it in the morning (before noon). Another 5% have no preference.

Dinnertime preferences follow a regional pattern. Americans who live in the Midwest and South are more likely to prefer Thanksgiving dinner in the early afternoon than the late afternoon. But people in the Northeast and West are more likely to prefer the late afternoon than the early afternoon.

There are also differences by age. Americans 65 and older are more likely to prefer Thanksgiving dinner earlier in the afternoon than later. Meanwhile, adults under 30 are more likely to prefer late afternoon over early afternoon.

SR 24 11 20 thanksgiving 5

It’s common for Americans to say grace or express gratitude at Thanksgiving dinner. Around two-thirds of U.S. adults say someone at their dinner typically says a prayer or blessing (65%) or says things they are thankful for (69%). And a majority of Americans (56%) say someone at their Thanksgiving dinner typically does both of these things.

A bar chart showing that prayers and expressions of gratitude are common at the Thanksgiving table.

Saying grace at Thanksgiving is especially common among certain religious groups. For example, 91% of White evangelical Protestants say someone at their Thanksgiving dinner typically says a prayer or blessing. The same is true for 88% of Black Protestants, 74% of Catholics and 72% of White nonevangelical Protestants. Prayer is much less common among those who say their religion is “nothing in particular” (45%), agnostics (39%), atheists (22%) and Jewish adults (22%).

Majorities across religious groups also say someone at their Thanksgiving dinner typically expresses gratitude. Many religiously unaffiliated Americans say this, too: 59% of those whose religion is “nothing in particular,” along with 61% of agnostics and 48% of atheists, say someone at their dinner typically says things they are thankful for.

Driving and Thanksgiving go hand in hand. The vast majority of Americans who plan to have Thanksgiving dinner away from home this year (89%) say driving is the main way they’ll get there. This works out to 38% of U.S. adults overall who expect to drive to their destination.

Only 2% of Americans overall expect to fly, while even fewer expect to take some other form of transportation, such as local or regional transit.

Most Thanksgiving travel takes less than an hour. A majority of those who plan to have Thanksgiving dinner away from home this year (69%) expect their trip to take less than an hour. That may have to do with the proximity of their family members: In a 2022 Pew Research Center survey, 55% of Americans said they live within an hour’s drive of at least some of their extended family.

Looking at adults overall, 29% expect their Thanksgiving travel to take less than an hour. Another 13% expect it to take longer than that, including 6% who expect it to take three hours or more.

Related: For Thanksgiving, 6 facts about Americans and family

Apart from eating, Americans expect to do a wide range of things this Thanksgiving. Certain long-running Thanksgiving traditions, like watching football or a parade, are still fairly popular: 35% of Americans say it’s extremely or very likely that they’ll watch sports on Thanksgiving, and 19% say the same about watching a parade. Men are more likely than women to say they’ll watch sports, while women are more likely than men to say they’ll watch a parade.

A bar chart showing what Americans expect to do on Thanksgiving this year.

When it comes to conversation, 35% of Americans say it’s extremely or very likely that they’ll talk about work or school on Thanksgiving. And in the wake of a presidential election that saw more than 154 million Americans cast ballots, 26% expect the election to come up. A similar share (24%) expect to talk about pop culture like music or movies, though far fewer (4%) expect to go to a movie.

Thanksgiving is a time for charity for many Americans, and 19% say it’s extremely or very likely that they’ll donate food or goods, while 4% expect to volunteer somewhere.

Thanksgiving is also the unofficial start of the holiday shopping season. Accordingly, 15% of Americans say it’s extremely or very likely that they’ll shop for the holidays on Thanksgiving Day this year.

Getting some exercise on Thanksgiving is a less popular idea: Only 4% of adults say it’s extremely or very likely that they’ll play sports, while 3% expect to participate in a community walk or run, like a turkey trot.

Following Donald Trump’s reelection on Nov. 5, Trump voters are more likely than Kamala Harris voters to say they’ll talk about the presidential election this Thanksgiving. Some 36% of Americans who voted for Trump say it’s extremely or very likely that they’ll talk about the election on Thanksgiving. A smaller share of Americans who voted for Harris (24%) say the same.

A bar chart showing that more Trump than Harris voters expect to talk about the election on Thanksgiving.

Trump voters who identify as conservative are the most likely to talk about the election: 39% say it’s extremely or very likely that they’ll do so on Thanksgiving, compared with 28% of Trump voters who identify as moderate or liberal. Among Harris voters, 28% of self-described liberals expect to talk about the election at Thanksgiving, compared with 20% of those who identify as conservative or moderate.

In fact, conservative Trump voters are about as likely to talk about the election this Thanksgiving as they are to talk about work or school (36%) – and much more likely to talk about it than to talk about pop culture (17%). By comparison, liberal Harris voters are more likely to talk about work or school (42%) and pop culture (38%) than the election.

 

Source Credit: Pew Research Center

Trump Faces Republican Resistance Over Controversial Appointments as Gabbard Sparks Debate

Donald Trump’s Republican allies in the Senate are rallying to defend Tulsi Gabbard, his controversial pick to lead U.S. intelligence services, marking a potential test of both his provocative nominations and the GOP’s willingness to challenge his decisions. Alongside Gabbard, Pete Hegseth, Trump’s choice to lead the Department of Defense, also faces growing scrutiny, intensifying political tensions as the president-elect prepares for his second term.

Concerns Over Gabbard’s Past Statements and Actions

During an appearance on CNN’s State of the Union, Democratic Senator Tammy Duckworth questioned Gabbard’s suitability for the intelligence role, citing her controversial 2017 meeting with Syrian President Bashar al-Assad and past policy positions. Duckworth alleged, “I think she’s compromised,” adding that some of Gabbard’s remarks align with Russian propaganda. These concerns were echoed by Senator-elect Adam Schiff, who criticized her nomination, describing her as “someone with very questionable judgment and no experience.”

Republican Senator Markwayne Mullin, however, dismissed Duckworth’s remarks as “ridiculous” and “outright dangerous,” calling on her to retract the statements. Mullin defended Gabbard, stating, “If she was compromised, if she wasn’t able to pass a background check, she still wouldn’t be in the Army.”

Missouri Senator Eric Schmitt also came to Gabbard’s defense, condemning the accusations as baseless. “I think it’s really interesting that anybody that has a different political view now is being cast as a Russian asset. It’s totally ridiculous,” he said, emphasizing that such attacks were insulting and unwarranted.

Despite these defenses, questions persist within the GOP. Republican Senator James Lankford acknowledged the controversy surrounding Gabbard’s qualifications, noting, “We will have lots of questions. She met with Bashar al-Assad. We will want to know what the purpose was and what the direction for that was as a member of Congress.”

Hegseth’s Troubles and Trump’s Aggressive Agenda

Meanwhile, Hegseth’s nomination has come under fire due to a 2017 police report alleging sexual assault, which he denies. Though he was not charged, the report has cast uncertainty on his confirmation prospects. Trump’s earlier nominee for attorney general, Matt Gaetz, faced similar scrutiny and ultimately withdrew due to allegations of sexual misconduct, which he also denied.

Trump’s replacement pick for attorney general, Pam Bondi, has been met with a more favorable reception among Republicans. Bondi, a former Florida attorney general, is seen as a staunch supporter of Trump’s agenda, including his claims of election fraud in 2020. Lankford defended her nomination, saying, “You have got to actually be balanced and about justice, not about attacking the president.”

A Push for Radical Government Reform

The president-elect’s selections signal his intention to pursue sweeping changes in government. His pick for the Office of Management and Budget, Russell Vought, has been tasked with implementing significant government cuts as part of Trump’s broader reform agenda. Trump has also enlisted Elon Musk and Vivek Ramaswamy to spearhead efforts to streamline the federal bureaucracy.

Economic picks like hedge fund manager Scott Bessent for Treasury and Cantor Fitzgerald CEO Howard Lutnick for Commerce are aimed at reassuring Wall Street amid Trump’s proposed tariff hikes. While these measures are designed to target foreign trading competitors, critics warn they could lead to higher inflation and hurt American consumers.

Foreign Policy and the Ukraine Conflict

Trump’s vow to end the Ukraine war has emerged as a major foreign policy challenge. Representative Mike Waltz, Trump’s incoming national security adviser, expressed concerns about the ongoing conflict, stating on Fox News, “The president-elect is incredibly concerned about the carnage that is taking place there. How do we restore deterrence and how do we bring peace?” Trump has pledged to resolve the conflict swiftly, but critics fear his approach could legitimize Russia’s invasion by allowing Moscow to retain captured territories.

A Controversial Path Forward

The rapid pace of Trump’s staffing decisions and the ideological leanings of his appointees suggest a tumultuous term ahead. Republican lawmakers, emboldened by their control of both chambers of Congress, believe Trump has a mandate for significant change. However, concerns remain about whether his administration can balance its ambitious agenda with the operational focus required for effective governance.

As the debate over Gabbard’s nomination unfolds, it encapsulates Trump’s fraught relationship with the intelligence community, which he has accused of working against him during his first term. Gabbard’s limited experience in intelligence and her defense of figures like Julian Assange and Edward Snowden have fueled criticism. Reports of her inclusion on a Transportation Security Administration watchlist, though unverified, have further raised eyebrows.

Democrats view Gabbard’s nomination as a political vulnerability for Trump, with Duckworth questioning her loyalty: “The US intelligence community has identified her as having troubling relationships with America’s foes. My worry is that she couldn’t pass a background check.”

Defending Gabbard Amid GOP Divisions

Despite the controversy, some Republicans have rallied behind Gabbard. Tennessee Senator Bill Hagerty pointed out that her role would involve implementing Trump’s policies rather than her own. “President Trump will fire people that don’t do their job well,” Hagerty said. Schmitt similarly argued that differing political views should not disqualify Gabbard, calling the accusations against her a “slur.”

However, divisions within the GOP remain evident. Lankford acknowledged the need for a thorough vetting process, emphasizing the importance of understanding Gabbard’s past actions and statements.

Potential Shakeups in Federal Leadership

Bondi’s nomination signals Trump’s intent to overhaul the Justice Department. The president-elect has long accused the FBI and DOJ of targeting him unfairly, particularly in relation to his handling of classified documents and attempts to overturn the 2020 election. Speculation has grown that Trump may replace FBI Director Christopher Wray, potentially appointing loyalists like Kash Patel to senior roles within the bureau.

Patel, a staunch supporter of Trump’s MAGA agenda, has expressed a desire to revisit past investigations, stating on Fox Business, “Put out the documents. Put out the evidence. We only have gotten halfway down the Russiagate hole.” Critics worry such moves could politicize federal law enforcement and undermine public trust in these institutions.

A High-Stakes Transition

As Trump’s second term approaches, his appointments and policy priorities are setting the stage for significant upheaval in Washington. While Republicans believe they have a mandate for bold action, the challenges of governing amid political polarization and internal divisions within the GOP could complicate Trump’s efforts to implement his ambitious agenda.

Whether Gabbard’s nomination will withstand scrutiny remains uncertain, but the debate underscores the broader tensions surrounding Trump’s leadership and the direction of his presidency.

Donald Trump Secures Narrow Yet Historic Win in 2024 Presidential Election

Donald Trump achieved a significant milestone by winning both the Electoral College and the popular vote in the 2024 presidential election. This victory marks Trump as only the second Republican to secure the popular vote since 1988. The majority of counties in the U.S. saw their voting margins shift toward Trump, reflecting gains in both Republican-stronghold regions and traditionally Democratic areas.

Despite this accomplishment, Trump’s margins were relatively modest, especially by historical standards. Over the past 25 years, U.S. presidential elections have often been tightly contested, as seen in the 2000 Florida recount election and Trump’s own races in 2016 and 2020.

Adding to the complexity of his victory, Trump’s success did not translate into substantial gains for down-ballot Republicans. The Republican majority in the House of Representatives remains slim, and Democrats managed to win four Senate races in key battleground states, even as Vice President Kamala Harris lost those states to Trump.

During his election night celebration, Trump confidently declared, “America has given us an unprecedented and powerful mandate.”

However, Wayne Steger, a political scientist at DePaul University, interpreted the results differently, describing the election as sending “mixed signals.” According to Steger, a combination of factors such as inflation, immigration, identity politics, crime, education, and a growing conservative sentiment favored the Republican candidate. Still, he characterized the outcome as a “close election in which there was enough anti-Democratic sentiment to carry the day.”

Trump’s Victory in Context

Trump’s performance in the 2024 election has several notable aspects. He managed to secure wins in all seven battleground states: Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin. Harris, in comparison, performed worse in these states than President Joe Biden did in 2020.

Trump’s margin of victory in these battleground states was significantly larger than the margins seen in close elections over the past two decades. For example, his combined margin in these seven states was approximately 760,000 votes. In contrast, the 2000 election between George W. Bush and Al Gore produced a collective margin of just 46,000 votes across the seven closest states—a figure about one-sixteenth of Trump’s margin in 2024.

Historical comparisons further underscore Trump’s achievement. Since 1932, only six candidates from the party out of power have garnered as large a share of the vote as Trump’s near 50%. These figures include political heavyweights such as Franklin Roosevelt in 1932, Dwight Eisenhower in 1952, Jimmy Carter in 1976, Ronald Reagan in 1980, Barack Obama in 2008, and Biden in 2020.

In the Electoral College, Trump secured 312 votes out of 538. While this figure falls short of the landslide victories achieved by Lyndon Johnson in 1964, Richard Nixon in 1972, or Reagan in 1984, it surpasses four of the seven elections held this century, including Biden’s win in 2020.

The Narrowness of Trump’s Victory

Despite his notable successes, other metrics highlight the narrow nature of Trump’s win. In terms of both percentage and raw vote counts, Trump’s margin of victory ranks as one of the slimmest in recent history.

As of November 20, Trump’s lead over Harris was 1.62%—a smaller margin than any winner since Bush in 2000, who prevailed with just a 0.51% lead. In the broader historical context, only John F. Kennedy in 1960 and Nixon in 1968 had smaller popular vote margins, at 0.17% and 0.7%, respectively.

In terms of raw votes, Trump’s margin of approximately 2.5 million is the fifth smallest since 1960. This figure is less than half of Biden’s margin in the 2020 election.

Moreover, Trump’s strong showing at the top of the ticket did not result in widespread Republican success down-ballot. In the seven battleground states, five held Senate races and one held a gubernatorial contest. While Republicans won Pennsylvania’s Senate race, Democrats triumphed in the Senate contests in Arizona, Michigan, Nevada, and Wisconsin, as well as in North Carolina’s gubernatorial race.

In North Carolina, Democrats also secured wins in elections for lieutenant governor, attorney general, secretary of state, and superintendent of public instruction. They were also narrowly leading in a state Supreme Court race.

The U.S. House of Representatives is poised to retain a narrow Republican margin, similar to the previous two years. In state legislatures, Republicans made only modest gains in chamber control, while Democrats managed to make inroads in other areas.

Barry Burden, a political scientist at the University of Wisconsin, described Trump’s victory as “solid and convincing.” However, he noted, “the 2024 elections were not a general endorsement of the Republican Party. Many Republicans down ballot did not perform as well as Trump.”

Implications for Future Elections

The 2024 election continues a broader pattern of close contests and fluctuating political control. Since 2000, the presidency, Senate, or House has changed hands 16 times across 13 election cycles.

This trend suggests that Democrats may be well-positioned for the 2026 midterms and potentially the 2028 presidential race. Claremont McKenna College political scientist Jack Pitney emphasized the electorate’s dissatisfaction with the state of the country, remarking, “Unless Trump creates an abrupt change in the national mood, Democrats have a good chance at a successful 2026 midterm.”

Trump’s 2024 victory represents a blend of significant achievements and historical narrowness. His success in battleground states and his strong showing against an incumbent party underscore his electoral strength, but the modest margins and lack of a down-ballot boost highlight the complexities of his win. As the U.S. political landscape remains deeply divided, the coming years will test the durability of Trump’s mandate and the Republicans’ ability to consolidate their gains.

Deportation of Indian Nationals from the US Rises Amid Changing Migration Patterns

In October, a chartered flight organized by the US Immigration and Customs Enforcement (ICE) returned a group of Indian nationals to their home country, reflecting a growing trend in deportations to India. This flight was one of many large-scale “removal flights” conducted this year, each typically carrying over 100 passengers. These individuals were returned for failing to establish legal grounds to remain in the United States.

According to officials, the recent flight, which transported adult men and women, was directed to Punjab, a region close to the origins of many deportees. However, authorities did not provide a detailed breakdown of their hometowns.

In the US fiscal year 2024, which concluded in September, over 1,000 Indian nationals were deported via charter and commercial flights, noted Royce Bernstein Murray, assistant secretary at the US Department of Homeland Security. “That has been part of a steady increase in removals from the US of Indian nationals over the past few years, which corresponds with a general increase in encounters that we have seen with Indian nationals in the last few years as well,” Murray stated during a media briefing. Encounters refer to instances where non-citizens are stopped by US authorities while attempting to cross the country’s borders with Mexico or Canada.

As the US increases repatriations of Indian nationals, there is growing concern about how President-elect Donald Trump’s immigration policies will impact these trends. Trump has pledged to undertake the largest deportation campaign in US history, raising alarm among migrant communities.

Since October 2020, nearly 170,000 Indian migrants have been apprehended by US Customs and Border Protection (CBP) officials for unauthorized crossings at both the northern and southern borders. “Though smaller than the numbers from Latin America and the Caribbean, Indian nationals represent the largest group of migrants from outside the Western Hemisphere encountered by the CBP in the past four years,” noted immigration analysts Gil Guerra and Sneha Puri from the Washington-based Niskanen Center.

As of 2022, approximately 725,000 undocumented Indian immigrants resided in the US, ranking them as the third-largest group of unauthorized migrants after individuals from Mexico and El Salvador, according to data from the Pew Research Center. Overall, unauthorized immigrants constitute about 3% of the US population and 22% of its foreign-born residents.

Analyzing these figures, Guerra and Puri have identified significant trends in the increasing number of Indian nationals attempting illegal border crossings.

One notable observation is that these migrants are not from the lowest economic strata. However, many face challenges in obtaining tourist or student visas to the US, often due to limited education or English proficiency. As an alternative, they rely on agencies that charge up to $100,000 for arranging migration through lengthy and perilous routes designed to bypass border controls. To afford these exorbitant costs, many migrants sell their farms or take on loans. Data from US immigration courts in 2024 shows that most Indian migrants are men aged 18 to 34.

Another trend involves the growing use of Canada as an entry point. Canada offers a shorter visitor visa processing time of 76 days compared to the US, where visa approvals can take up to a year. The Swanton Sector, which includes parts of Vermont, New York, and New Hampshire, has seen a surge in encounters with Indian nationals this year, peaking at 2,715 in June.

Historically, most irregular Indian migrants entered the US via the southern border with Mexico, often traveling through countries like El Salvador or Nicaragua. Until November 2022, Indian nationals enjoyed visa-free travel to El Salvador, which facilitated these routes. However, the northern border’s greater length and less intensive surveillance have made it increasingly attractive, despite potential dangers. “The US-Canada border is also longer and less guarded than the US-Mexico border. And while it is not necessarily safer, criminal groups do not have the same presence there as they do along the route from South and Central America,” Guerra and Puri explained.

Much of this migration originates from Punjab, a state in northern India, and neighboring Haryana, both of which have a history of high migration rates. Gujarat, the home state of Indian Prime Minister Narendra Modi, is another notable source. Economic challenges such as unemployment, agricultural distress, and a growing drug crisis have driven many Punjabis to seek opportunities abroad. Migration has become an established tradition in Punjab, with rural youth eager to move overseas in search of better prospects.

A recent study conducted by Navjot Kaur, Gaganpreet Kaur, and Lavjit Kaur in Punjab revealed that 56% of the 120 respondents emigrated between the ages of 18 and 28, often after completing secondary education. Many financed their journeys with non-institutional loans, with the expectation of sending remittances back to their families.

In addition to economic factors, rising tensions over the Khalistan separatist movement—which seeks an independent Sikh homeland—have contributed to migration. “This has caused fear from some Sikhs in India about being unfairly targeted by authorities or politicians. These fears may also provide a credible basis for claims of persecution that allows them to seek asylum, whether or not true,” Puri said.

Determining the exact causes of migration remains complex. While economic opportunity remains the primary driver, social networks and a sense of pride in having family members “settled” in the US also play a significant role, Puri observed.

Another emerging pattern is a demographic shift among migrants. While single adults constituted the majority of those detained at the borders in 2021, family units now make up 16-18% of detentions. This shift has sometimes led to tragic outcomes. In January 2022, an Indian family of four from Gujarat froze to death just 12 meters from the Canadian border while attempting to enter the US.

Pablo Bose, a migration scholar at the University of Vermont, highlighted the economic pull of US cities. “From everything I know and interviews I have conducted, most of the Indians are not staying in the more rural locations like Vermont or upstate New York but rather heading to the cities as soon as they can,” Bose explained. In urban areas like New York and Boston, migrants often find work in informal sectors such as domestic labor and restaurants.

The situation may soon become more challenging. Veteran immigration official Tom Homan, who will oversee the country’s borders under Trump’s administration, has identified the US-Canada border as a priority area due to illegal migration concerns. Homan described it as a “huge national security issue.”

The future remains uncertain. “It remains to be seen if Canada would impose similar policies to prevent people migrating into the US from its borders. If that happens, we can expect a decline in detentions of Indian nationals at the border,” Puri noted.

Despite the tightening restrictions, the aspirations of thousands of Indians seeking a better life in the US persist. For many, the journey may become more perilous, but their dreams remain undeterred.

Bitcoin’s Meteoric Rise Sparks Debate: Should You Invest?

Bitcoin has been on a remarkable run in recent months, breaking records and stirring significant interest among investors. In the first quarter of this year, the cryptocurrency soared past $70,000, buoyed by the Securities and Exchange Commission’s approval of the first exchange-traded spot bitcoin funds, according to coinmarketcap.com. By March, the price hit an all-time high. This trend continued after Donald Trump’s recent win in the U.S. presidential election, with bitcoin reaching $80,000 less than two weeks ago. As of this Monday, it surpassed $90,000.

The rise in bitcoin’s value has fueled optimism among cryptocurrency advocates, who anticipate a more favorable regulatory environment under the new administration. Many view bitcoin as a tool to build generational wealth, while others argue that the U.S. should create a strategic bitcoin reserve. MicroStrategy executive chairman Michael Saylor has championed this idea, telling CNBC that it’s a way for the country to “buy the future.”

Despite its volatility, bitcoin has gained more acceptance over the years. Initially, many financial planners were skeptical about its viability as an investment for individual portfolios. However, as education around cryptocurrencies has expanded, attitudes have shifted. The Financial Planning Association now offers three continuing education courses on cryptocurrency, notes Paul Brahim, the association’s president-elect.

For those considering investing in bitcoin, financial advisers have outlined key considerations and strategies to minimize risks while making informed decisions.

Understanding Bitcoin and Its Volatility

Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto, remains the most well-known cryptocurrency. Its supply is capped at 21 million coins, making it inherently scarce. Unlike tangible assets tied to a company or resource, bitcoin’s value is purely market-driven—determined by what buyers are willing to pay.

This lack of a tangible backing contributes to its extreme price volatility. While bitcoin has experienced meteoric rises, it has also suffered sharp declines. For example, between November 2021 and November 2022, bitcoin’s price plummeted 75%, dropping from $64,455 to $16,196, according to coinmarketcap.com. Such fluctuations underline the high-risk nature of the asset.

Although often referred to as a currency, bitcoin is not recognized as legal tender in the United States or most countries. Transactions involving bitcoin can be complex and have significant tax implications.

Bitcoin’s Place in a Portfolio

Experts agree that bitcoin’s volatility makes it unsuitable for short-term financial goals such as buying a home, paying for college, or saving for retirement. Trent Porter, a certified financial planner and certified public accountant at Priority Financial Partners, advises clients to avoid using bitcoin for short-term savings. “Due to its volatility, I would definitely avoid using bitcoin for short-term savings goals,” he said. Porter recommends allocating no more than 5% of a long-term portfolio to bitcoin for those insistent on exposure.

Other experts take an even more conservative approach. Mike Turi, a certified financial planner and founding partner at Upbeat Wealth, advises limiting bitcoin allocations to 3% or less, if at all. “I would not recommend using bitcoin as the main strategy to achieve your financial goals. If it’s extra investable money that can help you get there faster? Sure. However, don’t miss out on valuable opportunities by overexposing yourself to an asset that you might not fully understand,” Turi explained.

For college savings, tax-advantaged 529 plans remain a safer and more diversified option, according to Matt Elliott, a certified financial planner at Pulse Financial Planning. “It is one thing to bet your money on crypto, but another to bet a child’s college savings on it,” Elliott emphasized.

Still, Elliott sees potential for bitcoin in long-term retirement portfolios as part of a “core and explore” strategy. He suggests dedicating 95% of assets to a diversified portfolio while reserving 5% for speculative investments like crypto. “The other 5% can be used for more speculative investments (such as crypto) if you have little debt and are willing to accept the risk of losing what you put in,” he said.

Questions to Consider Before Investing

Investing in bitcoin isn’t for everyone. Before diving in, experts suggest evaluating your financial situation and risk tolerance. Porter advises asking, “If it were to drop 50% or more, would you be left in a pinch? If the answer is yes, you should reconsider.” He adds that while the regulatory environment may improve under the Trump administration, the overall risk associated with bitcoin remains high.

Turi stresses the importance of self-reflection. “I still see bitcoin more as a gamble than a reliable investment. Is it a risk you can afford to take? Consult your future self. What will happen if it doesn’t work out?” he said.

Setting clear rules and an exit strategy is also crucial. “The most challenging aspect of the bitcoin craze is that more retail investors are entering the market at its peak when euphoria is highest,” Turi noted. “Investors need to set their exit price to avoid being driven by emotion.”

Safer Ways to Invest in Bitcoin

For those determined to invest in bitcoin, there are several methods to consider. You can buy bitcoin directly and store it in a virtual wallet or on a digital asset platform like Coinbase. However, these options come with risks, including cybersecurity threats and the possibility of losing private keys.

A simpler and safer option is investing through SEC-regulated spot bitcoin exchange-traded funds (ETFs). These funds have attracted nearly $28 billion in net investments, with a combined net asset value nearing $96 billion as of last Friday, according to Morningstar Direct.

“Due to risks such as cybersecurity threats and the possibility of losing private keys, holding bitcoin through an SEC-regulated ETF is by far the safest option,” Porter said.

Ultimately, while bitcoin’s recent price surges have reignited interest, it remains a high-risk investment. For those willing to accept the potential for significant losses, experts recommend a cautious approach, keeping allocations small and focusing on long-term goals.

Foreign-Born Scientists Face Uncertainty Amid U.S. Visa Policy Changes

Foreign-born workers constitute approximately half of the doctoral-level scientists and engineers in the United States. Many of these professionals initially come to the U.S. under H-1B visas, which are granted to up to 85,000 highly skilled individuals annually. These visas allow recipients to work in the U.S. for a period of up to six years. However, policy changes under the Trump administration have raised concerns about the future of this critical workforce.

The incoming Trump administration has signaled its intention to tighten regulations around H-1B visas. Such restrictions could make it more difficult for U.S. universities, research institutions, and tech companies to recruit highly skilled international talent. Experts warn that the potential consequences might mirror what occurred in the United Kingdom after Brexit, which made it harder for European scientists to work there. Raymundo Báez-Mendoza, a scientist heading a lab at the Leibniz Institute for Primate Research in Göttingen, Germany, highlighted this parallel.

“A lot of countries in Europe benefited from Brexit, in the sense of capturing really amazing scientists that were working in Britain,” Báez-Mendoza observed. He emphasized that in the scientific community, “top talent is very mobile.”

Báez-Mendoza’s own career exemplifies this mobility. Born in Mexico City, he pursued a master’s degree in Tübingen, Germany, a Ph.D. at the University of Cambridge in the U.K., and worked as a postdoctoral researcher at Massachusetts General Hospital and Harvard under an H-1B visa before returning to Germany. His lab now includes scientists from five countries, including the U.S.

During Trump’s presidency, the administration moved quickly to fulfill its promises regarding visa restrictions. In 2017, months after taking office, Trump outlined his intentions during a speech at Snap-on Tools in Kenosha, Wisconsin. Speaking in front of a backdrop of red, white, and blue wrenches, Trump declared, “Widespread abuse in our immigration system is allowing American workers of all backgrounds to be replaced by workers brought in from other countries to fill the same job for sometimes less pay. This will stop.”

H-1B visas were a focal point of his speech, though it was later revealed that Snap-on itself employed workers under this program. Trump subsequently issued executive orders aimed at tightening H-1B visa regulations and, in 2020, suspended new H-1B and other temporary work visas.

The implications of these measures have been far-reaching, leaving a lasting impression on many international scientists. Among them is Leili Mortazavi, a brain scientist from Iran who is currently completing her doctoral studies at Stanford University. Reflecting on her experience, Mortazavi said, “I really like Stanford, people here are great, the resources [are] amazing. But I would have to see what kinds of changes happen under Trump.”

Mortazavi almost lost the opportunity to study at Stanford due to an executive order issued in early 2017, commonly referred to as the “Muslim ban.” This order temporarily closed U.S. borders to individuals holding Iranian passports. Fortunately, Mortazavi obtained a Canadian passport just in time to avoid the ban’s effects. Later, during the COVID-19 pandemic, Trump proposed a policy that could have deported international students attending virtual classes.

“There was talk about asking all the international students to go back home, which was a very, very stressful time,” Mortazavi recalled. “Luckily it didn’t go through, but I still remember that very, very vividly.”

As a new Trump administration looms, Mortazavi remains concerned about her ability to secure a U.S. visa for work. Her apprehension is compounded by the return of Stephen Miller, a key architect of Trump’s immigration policies during his first term. Uncertain about her future in the U.S., Mortazavi is exploring job opportunities abroad.

“University of Toronto has a lot of great labs relevant to my work,” she said. “I also visited Oxford and University College London last summer and would really be interested in working with them.”

During Trump’s first term, several businesses and academic institutions challenged the administration’s visa policies in court. However, in light of the potential for renewed restrictions, many of these entities are now maintaining a low profile. Half a dozen universities and research institutions contacted for comment on the matter either did not respond or declined to make public statements.

Meanwhile, the Trump transition team has not provided information about the president-elect’s plans for H-1B visas, leaving many scientists, engineers, and their employers in a state of uncertainty.

New Dawn For Thanksgiving

“May your Thanksgiving be filled with blessings, warmth, and joy.” Wishing you all bountiful Thanksgiving, a happy holiday season, and a healthy New Year.
Meticulously, we need to be thankful for all the blessings we acquired, both in personal and social life, indeed.
“It’s dawn again in America” ​​was part of the slogan, Republican candidate Ronald Reagan’s 1984 presidential campaign displayed. The slogan may have been even more relevant this year, as the Republican Party won the presidential election and won a majority in the Senate.
“Thanksgiving” is an expression of gratitude and deep appreciation for the good things in life. Gratitude is a small word, but its scope, breadth, and depth are indescribable. Although we can express our gratitude to each other without any price, it is human nature to forget to express our gratitude. Thanksgiving is a wonderful time of the year when we gather with friends and family over turkey, stuffing, and other delicious home-cooked meals. It’s a great opportunity to remember with gratitude the most inspiring holiday in our lives. Americans celebrate Thanksgiving Day on the last Thursday of November every year.
This year, Thanksgiving Day will be a grand celebration, coming right after the presidential election. The media has assessed that the American people have brought Donald Trump and the Republican Party to power with a huge majority, realizing that the failed four-year administration of Joe Biden and Kamala Harris has pushed the United States into a difficult situation of inflation. Political leaders of the world have recognized that the massive and decisive victory achieved by voting for obvious reasons such as millions of illegal immigrants, rising prices, and increasing crime is a victory for the American people.
In the Holy Bible, as per Chronicle 16:34  “Give thanks to the Lord, for he is good; his love endures forever.”.
“He showed us extraordinary kindness. Let us not grow weary in doing good (Galatians 6:9),” Christian political thinkers have also come forward, citing many of the biblical verses. Let us hope that Trump and his followers will understand the will of the people and try to move forward by doing good, rather than wasting time on unnecessary talks and accusations of the past. Let us continue our work for the good of our country and the purpose of expressing gratitude to God. A slight feeling is on the horizon that we are starting to see changes!
Change was inevitable, and we brought it- let us be thankful.

Indian American Republicans Welcome President-elect Trump’s Pick of Marco Rubio as Secretary of State

Indian American Republicans have commended President-elect Donald Trump for nominating Marco Rubio for Secretary of State, emphasizing that he will play a key role in furthering US-India relations.

Senator Rubio, a former Presidential candidate, who previously openly opposed President Trump’s policies, will now work to implement Trump’s foreign policy agenda. Marco Rubio will most likely be the next Secretary of State as the Republican party holds the majority in the US Senate.

Highlighting the importance of the U.S.-India relationship, the US Senator from Florida, recently said that bolstering ties with New Delhi is crucial for addressing the challenges posed by Beijing. He noted in a statement, “It is essential to enhance our strategic diplomatic, economic, and military relationship with New Delhi.”

On July 25, 2024, Marco Rubio announced the introduction of the U.S.-India Defense Cooperation Act, which seeks to expand bilateral cooperation amid rising tensions between India and China. The proposed Act would elevate India’s status to that of key U.S. allies like Japan, Israel, South Korea, and NATO members in terms of technology transfers. It also authorizes the Secretary of State to negotiate a memorandum of understanding to deepen military collaborations with India.

Rubio emphasized, “Communist China continues to aggressively expand its domain in the Indo-Pacific region, all while it seeks to impede the sovereignty and autonomy of our regional partners. It’s crucial for the U.S. to continue its support in countering these malicious tactics. India, along with other nations in the region, is not alone.”

The legislation establishes a U.S. policy to support India in countering threats to its territorial integrity by providing security assistance, and enhancing cooperation in defense, space, technology, medicine, and economic investments. It proposes a limited exemption for India from CAATSA sanctions on Russian military equipment and encourages expedited approval of defense-related sales to bolster India’s capacity to deter threats, aligning with U.S. interests in peace and stability.

The legislation seeks to deepen U.S.-India defense ties by expediting excess defense articles to India for two years, granting it ally-like status, and expanding military education and training cooperation. It also mandates a report on Pakistan’s use of force, including terrorism against India, and restricts U.S. security assistance to Pakistan if it sponsors terrorism.

Executive Director of the American Hindu Coalition, Alok Srivastava, told South Asian Herald, “I welcome President Trump’s choice of Marco Rubio to serve as Secretary of State,” highlighting that Rubio serves as the vice chair of the Senate Intelligence Committee, and is a member of the Foreign Relations Committee. He previously held the position of Speaker of the Florida Assembly.

Known for championing human rights, democracy, and strong national security, Rubio has consistently been a vocal critic of authoritarian regimes and an advocate for U.S. global leadership, noted Srivastava.

“Rubio views India as a key ally in countering China’s influence in the Indo-Pacific. He supports India’s role in maintaining regional stability and advancing democratic values, aligning with U.S. strategic interests. Rubio also supports the Quad alliance (U.S., India, Japan, Australia) and advocates for a free and open Indo-Pacific,” he expressed,

Chair of the Virginia Asian Advisory Board, Srilekha Palle, pointed out Rubio’s significant role in shaping foreign policy, adding that he has actively contributed to bipartisan efforts to strengthen international relations.

Palle told South Asian Herald, “Senator Rubio’s commitment to fortifying India’s security and sovereignty through the U.S.-India Defense Cooperation Act is a pivotal step in maintaining regional stability and countering aggressive overtures in the Indo-Pacific. This legislation not only strengthens our defense ties but also upholds our shared values of democracy and mutual respect.”

Palle praised Senator Marco Rubio’s initiative to elevate India as a NATO-level strategic partner, emphasizing his recognition of India’s pivotal role in maintaining peace and stability in the Indo-Pacific region. She stated, “This partnership will deepen our military collaborations and enhance strategic alignment on global security issues.”

Former Virginia Lieutenant Governor Candidate, Puneet Ahluwalia referred to Rubio as a “great choice,” of President Trump’s “Peace through Strength” foreign policy.

Ahluwalia told South Asian Herald, “He will be assertive with China to counter their actions in South China Sea and Indo-Pacific region. Rubio’s introduction of US-India Security Partnership shows his willingness to take on China as they may try to get a direct line with President Trump.”

Ahluwalia noted that Rubio’s expertise, shaped by his experience on foreign relations and intelligence committees, equips him to address critical challenges facing the U.S. and its allies. He expressed confidence that Rubio would pursue a negotiated settlement to the Ukraine-Russia war, support Israel in securing its future, and advocate for a peaceful resolution to the longstanding Palestinian issue, working in collaboration with Arab nations.

Ahead of Prime Minister Modi’s state visit on June 22, 2023, Senator Rubio also reaffirmed his commitment to strengthening U.S.-India relations.

“As we extend a warm welcome to Prime Minister Modi, it is crucial that the Biden Administration, and the U.S. Congress, prioritize this incredibly important relationship. Our nations’ economic and security interests overlap on many of the most pressing issues, especially the growing hostility of the Chinese Communist Party in the Himalayas and in the Indian Ocean,” Rubio noted in a statement. “We find ourselves at a new juncture in global history in which both India and the United States can further strengthen this vital partnership and build upon the foundation of our shared democratic values and national interests.”

Trump Secures Victory in 2024 as America Swings Right

The nation witnessed a significant shift to the right in the 2024 presidential election compared to the 2020 race. Four years ago, President Joe Biden secured six out of seven critical battleground states, but this time, all those states moved toward President-elect Donald Trump. Furthermore, Trump is on course to win the popular vote, a stark contrast to Biden’s 7-million-vote lead in 2020.

Trump Dominates the Suburbs

Suburban areas played a decisive role in the election outcome. According to exit polls, over half of the voters in 2024 resided in suburban regions, making these areas pivotal swing zones in both the presidential race and closely contested House districts. Historically, the suburban victor has won 11 of the past 12 presidential elections, dating back to 1980. This year, Trump emerged victorious in the suburbs, securing 51% of the vote compared to Vice President Kamala Harris’s 47%.

Harris had hoped to mobilize suburban women in key swing states to her advantage. However, the anticipated support did not materialize. Exit polls revealed that Trump won white suburban women by a margin of seven points and white suburban men by a significant 27 points. While some suburban households had split votes, it wasn’t enough to propel Harris to victory.

In several swing states, Trump’s gains in suburban areas were substantial, based on near-final vote counts. The Philadelphia suburbs and two major counties near Detroit saw a net swing of nearly 60,000 votes in Trump’s favor. Similarly, in Wisconsin’s “WOW” counties—Waukesha, Ozaukee, and Washington—Trump gained over 10,000 votes. Georgia’s suburban counties near Atlanta also leaned toward Trump, contributing to his overall success.

Interestingly, in certain Atlanta metro counties, Harris outperformed Biden’s 2020 numbers, and her losses in the Charlotte metro area were not as severe as in the industrial Midwest. These trends offer Democrats a glimmer of hope for the Sun Belt’s future, even as the Midwest becomes increasingly challenging terrain.

Rural Areas Deepen Their Support for Trump

Rural America, long a Republican stronghold, turned out in record numbers for Trump. In 2024, he won 64% of the rural vote, the highest margin for any candidate since 1980. This performance surpassed even Trump’s previous high of 61% in 2016.

Trump’s dominance in rural regions helped him secure wins in key battlegrounds and bolster his popular vote tally in traditionally red states like Texas. In Texas alone, Trump gained a net of over 900,000 votes compared to 2020, and in Florida, his lead expanded by more than 1 million votes.

These gains were partly driven by Trump’s significant inroads with Latino voters, particularly in South Florida and South Texas. The shift among Latino communities further solidified his position in these critical states.

Harris Falls Short in Urban Centers

Urban areas, typically Democratic strongholds, presented challenges for Harris. While large cities remain central to Democratic success in swing states, Harris secured just 59% of the urban vote. This figure lagged behind the performances of Biden, Barack Obama, and Hillary Clinton in previous elections.

This underperformance contributed significantly to Harris’s defeats in key states. For instance, in Maricopa County, Arizona, which encompasses Phoenix, Harris received approximately 61,000 fewer votes than Biden did in 2020. In contrast, Trump gained about 56,000 votes, resulting in a 117,000-vote swing in a single county.

A similar trend was observed in Wayne County, Michigan, home to Detroit. Harris’s support fell by more than 60,000 votes, while Trump gained roughly 24,000. Wayne County is home to a significant Black voter base, as well as the nation’s largest Arab American population in Dearborn, which numbers around 100,000. Many Arab American voters expressed dissatisfaction with the Biden administration’s stance on the Gaza conflict, a factor that may have impacted Harris’s performance in the region.

The story was much the same in other major urban centers across swing states, including Las Vegas and Philadelphia. Even in traditionally blue states, Harris struggled to match Biden’s 2020 numbers. In New York, for example, Harris’s vote total declined by more than 800,000 compared to Biden’s performance four years earlier.

A Broader Electoral Landscape

The 2024 election results highlighted stark regional and demographic divides in American politics. Trump’s ability to consolidate support in rural areas and among suburban voters proved decisive, while Harris’s challenges in urban centers and among key demographic groups weakened her chances of victory.

These shifts suggest a changing political landscape, with Republicans making gains in areas where Democrats traditionally performed well, and Democrats focusing on emerging opportunities in the Sun Belt. As America moves forward, both parties will likely analyze these trends to shape their strategies for future elections.

India vs. Australia Test Series: A Crucial Chapter for India’s Aging Stars

The Border-Gavaskar Test series between India and Australia, starting Friday in Perth, is set to showcase the best teams in red-ball cricket. Over the past decade, this rivalry has produced compelling contests, firmly establishing itself as one of the most intense in the sport. India has dominated the last four editions, including two historic series wins on Australian soil. However, recent setbacks, such as a surprising whitewash against New Zealand, have raised concerns about the form and future of some of India’s biggest stars.

The spotlight in this series is firmly on veterans Rohit Sharma, Virat Kohli, Ravichandran Ashwin, and Ravindra Jadeja. These players have been instrumental in India’s success across formats for over a decade. However, with advancing age and fluctuating form, their ability to continue performing at the highest level is being questioned. Their performances in this series could determine not only their careers but also the direction of Indian cricket.

Rohit Sharma: The Sublime Yet Inconsistent Performer

Rohit Sharma’s prowess in white-ball cricket often overshadows his contributions to Test cricket. As a late bloomer in the longer format, Sharma has showcased his ability to be both destructive and elegant, adapting to the situation as required. After starting his Test career with centuries in his first two matches, he struggled to cement his place until being promoted to the opener’s slot. Since then, he has been a vital asset for India in Tests.

Despite his undeniable talent, Sharma has faced criticism for inconsistency. While his rhythm often leads to match-winning performances, his inability to sustain that form has been a concern. His recent outings against Bangladesh and New Zealand highlight this issue, with neither Sharma nor Kohli managing 200 runs in their last 10 innings each. While Sharma’s class is unquestionable, questions about whether he has peaked are becoming louder.

Virat Kohli: A Shadow of His Former Self

Virat Kohli’s struggles in recent years have been one of the most discussed topics in cricket. Once the poster boy of Indian cricket, Kohli’s dominance in Test cricket has significantly waned. In the last five years, he has managed to add just two centuries to his tally of 27, a stark contrast to his earlier prolific run. His batting average, once a robust 50-plus, has now dipped below 48. These numbers have cast doubts on whether he can ever return to his peak form.

Australia, a place where Kohli has historically thrived, has often brought out the best in him. His first Test century in Adelaide in 2011 and his remarkable performances during the 2014-15 series showcased his potential to dominate against the best. Kohli’s fiery aggression earned him admiration from Australian fans, and his leadership during India’s first Test series win in Australia in 2018-19 cemented his legacy.

However, Kohli’s recent lack of form raises questions about his ability to replicate those past heroics. With this series, Kohli has the opportunity to silence his critics and prove that he still has the hunger to succeed at the highest level.

Ashwin and Jadeja: The Spin Duo Under Scrutiny

Ravichandran Ashwin and Ravindra Jadeja have been pillars of India’s success in Test cricket. Both are world-class all-rounders who bring depth to the team with their bowling, batting, and fielding. Ashwin, with over 500 Test wickets, and Jadeja, recently crossing the 300-wicket mark, have often been India’s trump cards, particularly in home conditions.

Ashwin’s ability to experiment and surprise batsmen has made him a potent force, even against strong opposition. In the 2020-21 series, he had Australian stalwarts Steve Smith and Marnus Labuschagne struggling against his craft. Jadeja, on the other hand, is known for his control and precision. On deteriorating pitches, he can be both economical and lethal. His batting and athletic fielding further enhance his value to the team.

However, both spinners have faced criticism for their recent performances. Against New Zealand at home, Ashwin managed nine wickets at a strike rate of 66.33, while Jadeja took 16 wickets at 37.93. These modest returns allowed the Kiwi spinners to outshine them, contributing to India’s first home series loss after 18 consecutive Test wins.

What Lies Ahead for the Veterans?

As they approach the twilight of their careers, Sharma, Kohli, Ashwin, and Jadeja are under immense pressure to deliver in this high-profile series. Their recent struggles have amplified calls for a transition in Indian cricket, with a new generation of talented players waiting in the wings. However, writing off players of such caliber based on a few poor performances would be premature. Their experience, skill, and determination could still prove invaluable in turning the tide.

Sharma’s leadership, Kohli’s hunger for redemption, Ashwin’s strategic brilliance, and Jadeja’s all-around capabilities make them vital to India’s chances. A strong showing in this series could rejuvenate their careers and reinforce their status as match-winners. On the other hand, failure might lead to louder calls for change, potentially ending an era of Indian cricket dominated by these stalwarts.

The Stakes for Indian Cricket

This Border-Gavaskar series is not just about continuing India’s dominance over Australia. It is also a litmus test for the team’s veterans to prove their mettle against one of the strongest sides in the world. Success here could serve as a springboard for a resurgence, ensuring their place in the team for future challenges. Conversely, a poor outing might signal the need for a broader transition, paving the way for the next generation of Indian cricketers.

Ultimately, this series is an opportunity for Sharma, Kohli, Ashwin, and Jadeja to remind the cricketing world of their greatness. Their performances will not only shape the outcome of this series but also influence the direction of Indian cricket in the years to come. Whether they rise to the occasion or falter under pressure remains to be seen.

Putin Updates Nuclear Doctrine Amid U.S.-Backed Strikes Inside Russia

Russian President Vladimir Putin on Tuesday formalized a significant adjustment to his country’s nuclear weapons policy, lowering the threshold for deploying nuclear arms. This shift follows the U.S. decision to allow Ukraine to use American missiles to strike targets within Russian territory.

The Kremlin confirmed that Putin had ratified an updated nuclear doctrine, redefining the conditions under which Russia might initiate a nuclear strike. According to the revised policy, Russia reserves the right to use nuclear weapons if attacked by a non-nuclear state supported by a nuclear-armed country.

The announcement came on the heels of Ukraine’s inaugural use of U.S.-supplied long-range missiles against Russian territory. The Russian Defense Ministry reported that Ukraine targeted a military site in the Bryansk region using ATACMS missiles, supplied by the U.S. While Russian air defenses intercepted five missiles, debris from another caused a fire at the site, which was swiftly extinguished. The ministry stated there were no casualties or significant damage.

“According to confirmed data, the deployed ATACMS operational-tactical missiles were American-made,” the Defense Ministry noted in its statement.

Two U.S. officials corroborated the event, confirming to NBC News that Ukraine used ATACMS missiles in the Bryansk region near Karachev. This marks the first instance of U.S.-provided weaponry being employed within Russian borders. Previously, Ukraine had relied on domestically produced drones for strikes inside Russia, lacking the firepower of the ATACMS.

Ukraine’s military also acknowledged the strike, describing the target as a military arsenal in Bryansk. However, it refrained from specifying the weapons used in the attack.

The adjustments to Russia’s nuclear doctrine represent an escalation in rhetoric from Moscow, which has frequently hinted at the possibility of nuclear conflict since the outset of its full-scale invasion of Ukraine over 1,000 days ago.

“The nuclear doctrine update was required to bring the document in line with the current political situation,” Kremlin spokesperson Dmitry Peskov told TASS, Russia’s state news agency, early Tuesday.

Peskov also framed the policy update as a response to Washington’s actions, suggesting that the U.S.’s decision to supply Ukraine with non-nuclear missiles for use against Russia could now prompt a nuclear retaliation under the new guidelines. He clarified, however, that deploying nuclear weapons would remain a “last resort measure.”

In Washington, State Department spokesperson Matt Miller described Russia’s doctrinal changes as predictable. “Since the beginning of its war of aggression against Ukraine, it has sought to coerce and intimidate both Ukraine and other countries around the world through irresponsible nuclear rhetoric and behavior,” Miller said. He added that “neither the United States nor NATO pose any threat to Russia.”

Earlier this year, Putin had hinted at the impending changes, cautioning the West against easing restrictions on Ukraine’s use of long-range weaponry. The updated doctrine aligns with these warnings. It explicitly states that “aggression against the Russian Federation and its allies by a non-nuclear country with the support of a nuclear state will be considered a joint attack.”

Another significant amendment to the doctrine is its provision for nuclear use in response to a “critical threat to the sovereignty and territorial integrity of Russia and Belarus.” This broadens the conditions for nuclear engagement compared to previous language, which only allowed for such measures if “the very existence of the state is at risk.”

The shift in policy is partly motivated by heightened tensions between Russia and NATO. Putin has previously warned that NATO’s provision of long-range weapons to Ukraine for attacks on Russian soil could escalate the conflict to a direct war between NATO and Russia.

This policy revision coincides with the Biden administration’s decision to allow Ukraine limited use of ATACMS missiles inside Russian territory. The U.S. had previously resisted such moves, mindful of the potential to provoke Russia further. However, reports of North Korean troops bolstering Russian forces have led to a reassessment of U.S. strategy.

This recalibration has drawn criticism from Moscow. On Monday, Kremlin spokesperson Peskov accused Washington of “pouring oil on the fire” and provoking “further escalation of tension around this conflict.”

Tatiana Stanovaya, a nonresident scholar at the Carnegie Endowment for International Peace and head of the political analysis firm R.Politik, said the updated doctrine gives Russia greater flexibility for a nuclear response to what it views as Western-backed strikes on its territory.

She suggested that the timing of the revisions might be linked to the political transition in the U.S. “Putin may see the current situation as a strategic ‘in-between’ moment — anticipating possible peace initiatives from (President-elect Donald) Trump while emphasizing what he views as the ‘irresponsibility’ of Biden’s policy,” Stanovaya wrote on X, formerly Twitter.

Stanovaya posited that Putin’s strategy could be to present the West with two stark options: “Do you want a nuclear war? You will have it,” or “Let’s end this war on Russia’s terms.”

“This marks an extraordinarily dangerous juncture,” she concluded.

The doctrinal changes also extend to Russia’s response if Belarus, its close ally, is attacked. Putin had earlier emphasized that aggression against Belarus would be treated as aggression against Russia, further solidifying their mutual defense pact.

As tensions continue to mount, these developments underline the fragile balance of power and the growing risks associated with the ongoing conflict.

Ukraine Escalates Conflict with ATACMS Strikes Amid Russian Nuclear Warnings

Ukraine has utilized U.S.-supplied Army Tactical Missile Systems (ATACMS) to strike Russian territory for the first time in the 1,000 days of war, marking a significant shift in the conflict. On Tuesday, a Telegram channel associated with the Ukrainian military shared footage of the missiles being launched from an undisclosed location within Ukraine. While the authenticity of the video could not be independently confirmed, a U.S. official disclosed that Ukraine fired approximately eight ATACMS, two of which were intercepted by Russian forces. The strikes reportedly targeted an ammunition depot in Karachev, a town in Russia’s Bryansk region, home to around 18,000 residents. The U.S. official, speaking anonymously, mentioned ongoing assessments of the damage caused.

This escalation coincided with Russian President Vladimir Putin formalizing a policy lowering the threshold for nuclear weapon use. This adjustment could potentially authorize a nuclear response to conventional attacks by nations backed by nuclear-armed allies, such as the U.S. supporting Ukraine. The development underscores heightened international tensions surrounding the war.

Russian media quoted the Defense Ministry stating that five ATACMS missiles were intercepted, while fragments from another sparked a fire at a military facility without causing casualties or significant damage. Neither side’s claims regarding the attacks have been independently verified.

Karachev, situated about 115 kilometers from the Russia-Ukraine border, has become a focal point in this intensifying conflict. Although Ukraine has demonstrated the ability to target deeper into Russian territory using drones—reaching cities like Moscow and even Izhevsk, some 1,450 kilometers from the border—this marks the first instance of missiles being employed for such operations.

Meanwhile, Ukraine has been under relentless attack. On Monday night, a Shahed drone strike hit a residential dormitory in Hlukhiv, a town in the northern Sumy region, killing 12 people, including a child, and injuring 11 others. On Sunday, Sumy faced another devastating attack when a Russian ballistic missile carrying cluster munitions struck a residential area, leaving 11 dead and 84 wounded. A separate missile barrage in Odesa ignited apartment fires, claiming at least 10 lives and injuring 43.

Ukrainian President Volodymyr Zelenskyy condemned these attacks, stating they illustrate Putin’s lack of interest in ending the war. “Each new attack by Russia only confirms Putin’s true intentions. He wants the war to continue. Talks about peace are not interesting to him. We must force Russia to a just peace by force,” Zelenskyy declared.

During a speech to European Union lawmakers, Zelenskyy revealed that approximately 11,000 North Korean troops had been deployed along Ukraine’s borders, with that number potentially increasing to 100,000. The assertion highlights Russia’s growing reliance on external support, including North Korea, a development that has drawn international concern.

Zelenskyy also presented a “resilience plan” at the Ukrainian parliament, outlining measures to strengthen Ukraine’s defense amid escalating attacks. The plan includes reforms in army management, such as appointing a military ombudsman and introducing a new system for handling military contracts. Zelenskyy noted, however, that Ukraine has no immediate plans to lower the mobilization age from 25, despite manpower shortages on the front lines.

Ukraine’s ability to sustain its defense has been bolstered by longer-range weaponry like the ATACMS, which analysts believe could disrupt Russia’s battlefield advances. Jack Watling of the Royal United Services Institute commented, “Ukraine’s partners can do little to change the character of the fighting on the line of contact, but by targeting capabilities that are currently giving Russia a battlefield advantage, time can be bought.”

Zelenskyy also announced plans to ramp up domestic military production, including at least 30,000 long-range drones and 3,000 long-range missiles next year. This initiative aims to reduce Ukraine’s reliance on Western military aid. A comprehensive version of this plan is expected to be unveiled next month.

On the geopolitical front, NATO Secretary-General Mark Rutte indicated ongoing discussions among Western nations about increasing support for Ukraine. “More aid, more money we have to make available to them, particularly now that the North Koreans have come on board,” he remarked during a meeting in Brussels.

The European Parliament held a special session to commemorate the 1,000 days of the war, with President Roberta Metsola honoring Ukraine’s resilience. “One thousand days of terror, suffering and unimaginable loss. One thousand days of courage, resilience and unbreakable spirits,” Metsola stated, addressing Zelenskyy. She added, “Your people are an inspiration to all who value freedom around the world.”

The war’s protracted nature has led analysts to speculate on its eventual conclusion. While both Russia and Ukraine face sustainability challenges, Russia’s larger resource base gives it an advantage for prolonged engagement. The international community remains divided, with former U.S. President-elect Donald Trump vowing to end the war swiftly upon taking office. Trump has criticized the financial burden on the U.S. for aiding Ukraine, further complicating the global dynamics surrounding the conflict.

As the war continues, the humanitarian toll grows. Ukrainian civilians have faced repeated assaults by Russian drones and missiles, intensifying the suffering. Zelenskyy and his administration remain focused on maintaining resilience while advocating for increased international support to counter Russia’s relentless aggression. The coming months may prove pivotal, as Ukraine seeks to leverage both domestic innovation and international alliances to withstand the ongoing onslaught.

Tulsi Gabbard’s Controversial Nomination for Director of National Intelligence Raises Concerns

Donald Trump’s announcement of Tulsi Gabbard as his nominee for director of national intelligence has sparked intense debate, with critics from both major political parties voicing objections. Gabbard’s connections to a politically active Hindu organization, the Science of Identity Foundation (SIF), and her past political affiliations are under scrutiny.

John Bolton, former national security advisor, called her nomination “one of the nation’s worst,” while Democratic leaders have labeled her a “Russian asset” and a “national security threat.” The Daily Beast ran a report on November 14 titled, “Tulsi Gabbard’s Ties to ‘Cult’ Could Cost Her Intel Job,” which highlighted her lifelong association with SIF. The foundation is a Hawaii-based offshoot of the Krishna Consciousness movement, founded in the U.S. and popularized by Beatle George Harrison.

A Shifting Political Journey

Gabbard’s political career began in 2002 when she was elected to Hawaii’s state house at the age of 21, making her the youngest woman to hold such a position in the U.S. state legislature. In 2013, she made history as the first practicing Hindu elected to the U.S. House of Representatives. She garnered national attention in 2016 by endorsing Bernie Sanders over Hillary Clinton and later ran for president in 2020.

Her political evolution has been striking. Gabbard left the Democratic Party in 2022 to become an independent, later endorsing Donald Trump, aligning with the Republican Party, and actively campaigning for Trump this year.

Connections to the Science of Identity Foundation

Gabbard’s ties to SIF, founded in 1977 by Chris Butler (known as Jagad Guru Siddhaswarupananda Paramahamsa), have been reported extensively over the years, including in 2017, 2019, and again this year by Honolulu’s *Civil Beat*. Gabbard attended an SIF boarding school and met both of her husbands through the organization.

The foundation traces its roots to Butler’s early discipleship under AC Bhaktivedanta Swami Prabhupada, who founded the International Society for Krishna Consciousness (ISKCON) in 1966. ISKCON became widely recognized for its public chanting of “Hare Krishna” and fundraising campaigns but also faced allegations of cult-like practices, such as strict obedience and isolation from the outside world. Disagreements between Butler and Prabhupada led Butler to break away and establish SIF, introducing a more politicized form of Hinduism that included relaxed traditions, such as allowing devotees to forgo shaving their heads.

Butler’s influence extended into politics, with the establishment of the Independents for Godly Government, a political party that promoted conservative candidates in Hawaii. Gabbard’s parents were also prominent within SIF, founding groups such as Stop Promoting Homosexuality in 1991 and the Alliance for Traditional Marriage in 1995. The latter supported an anti-same-sex marriage amendment, which passed in Hawaii in 1998. Gabbard, as a teenager, appeared in a campaign ad for the amendment but later cited her military service as a catalyst for her changed views on LGBTQ+ rights.

International Ties and Allegations of Religious Bias

Questions have also been raised about Gabbard’s connections to Hindu nationalist groups in India that support Prime Minister Narendra Modi. Critics allege these groups promote persecution of Muslims and Christians. India’s ambassador to the U.S. attended Gabbard’s second wedding in 2015, and she traveled to India at Modi’s personal invitation. When questioned about these ties, Gabbard has dismissed the criticism as religious prejudice, accusing detractors of “Hinduphobia.”

Controversial Nominees in Trump’s Cabinet

Gabbard is not the only contentious nominee in Trump’s proposed administration. Conservative Christian Family Research Council President Tony Perkins called for “urgent prayer” on November 11, urging that Trump surround himself with “godly counsel” in his cabinet selections. Among Trump’s choices are Vivek Ramaswamy, another Hindu nominee, and three individuals accused of sexual abuse: Matt Gaetz, Pete Hegseth, and Robert Kennedy Jr.

Trump has signaled his intention to bypass Senate scrutiny for his appointments by using recess appointments, avoiding potentially uncomfortable confirmation hearings.

Gabbard’s nomination remains polarizing, with her political journey and ties to a controversial spiritual movement at the forefront of public debate.

International Students Face Challenges Despite Growth in U.S. Enrollment

The United States continues to attract a significant number of international students, cementing its status as a global hub for higher education. The Open Doors Report for the 2023-2024 academic year reveals a 7% increase in international students, bringing the total to 1,126,690 from over 210 countries. While the appeal of U.S. education remains strong, these students face numerous hurdles, particularly in securing work authorization and navigating immigration policies.

Graduate Students and Optional Practical Training at All-Time Highs

The latest data showcases notable trends in enrollment and work participation. The number of international graduate students reached a record 502,291, marking an 8% increase. Similarly, students participating in Optional Practical Training (OPT), a program allowing them to gain work experience in their field, rose by 22% to 242,782, the highest ever recorded.

Undergraduate numbers, however, dipped slightly to 342,875, reflecting a 1% decrease, while non-degree enrollments, which include exchange and intensive English programs, declined by 12% to 38,742 after a substantial 28% rise the previous year.

India Overtakes China as Top-Sending Country

For the first time since 2009, India surpassed China as the largest source of international students in the U.S. India and China collectively accounted for more than half of all international students. Indian students reached 331,602, a 23% increase, driven by graduate-level enrollments (up 19% to 196,567) and those in OPT (up 41% to 97,556).

Meanwhile, Chinese student numbers fell by 4% to 277,398. Despite the decline, China remained the top source for undergraduate (87,551) and non-degree (5,517) students. OPT participation by Chinese students grew 12%, reaching 61,552.

Strong New Enrollments Amid Persistent Barriers

New international student enrollments maintained pre-pandemic levels, with 298,705 joining in 2023-24. However, challenges remain, particularly around work opportunities. Work authorization is vital not only for financial reasons but also to gain experience in an increasingly globalized job market. Unfortunately, F-1 visa restrictions and cumbersome processes often hinder students from accessing meaningful work opportunities.

Work Authorization Options and Limitations

International students on F-1 visas have three main avenues for employment: on-campus work, OPT, and Curricular Practical Training (CPT). On-campus work is the simplest but limited to 20 hours per week during the semester and 40 hours during breaks.

OPT and CPT offer more substantial opportunities but come with challenges. OPT allows students to work in their field of study for up to 12 months, with an additional 24-month extension for STEM students. CPT, tied to specific academic requirements, mandates university approval. However, securing these authorizations is not straightforward.

Bureaucratic Delays Pose Significant Hurdles

The U.S. Citizenship and Immigration Services (USCIS) often faces backlogs, delaying work authorization for students. For OPT, students must apply 90 days before program completion, but approvals can take an additional90 days or more.

A 2023 survey by the National Association of Colleges and Employers (NACE) found that 40% of international students experienced delays exceeding three months for OPT approval, with some waiting up to six months. These delays create financial strain and limit students’ ability to gain critical practical experience.

Policy Uncertainty Adds to Challenges

Shifting immigration policies under successive U.S. administrations exacerbate the difficulties. The Trump administration introduced measures restricting work opportunities for foreign nationals, including international students. Although many of these were rescinded under President Biden, the inconsistency leaves students uncertain about their future prospects.

Data from the U.S. Department of Homeland Security indicates that only 24% of international students on F-1 visas secured OPT positions in the 2022-2023 academic year, underscoring the competitive nature of the process.

Post-Graduation Employment Barriers

Transitioning from an F-1 visa to an H-1B work visa after graduation is a significant challenge. The H-1B program caps annual visas at 85,000, with applications processed through a lottery system. In 2023, the acceptance rate for the H-1B visa lottery was just 22%, illustrating the difficulties even for students with job offers.

Financial and Mental Health Impacts

The inability to work exacerbates financial pressures for many international students, impacting both their academic performance and mental health. According to the 2023 International Student Economic Impact Study, 58% of students reported anxiety or depression due to financial and work-related constraints.

These issues underline the importance of work authorization not only for career advancement but also for overall well-being.

Key Work Authorization Pathways for International Students

 

Work Authorisation Type Requirements Duration Restrictions
On-Campus Employment Must be enrolled full-time Limited to 20 hours per week during term, 40 hours per week during breaks Can only work for the university or affiliated institutions
Optional Practical Training (OPT) Must be in final year of study 12 months (with a possible 24-month extension for STEM students) Employment must be directly related to field of study
Curricular Practical Training (CPT) Must be enrolled in a course requiring practical training Varies Must be part of curriculum, and may require prior approval from university

Navigating the Way Forward

Addressing the barriers international students face requires a multi-pronged approach. Policymakers and universities must advocate for streamlined processes, clearer regulations, and expanded opportunities. For students, staying informed and seeking guidance from university offices can mitigate some challenges.

As a vital component of the U.S. educational ecosystem, international students contribute significantly to academic and professional communities. Ensuring their success benefits not only the students but also the broader U.S. economy and society. As one student succinctly put it, “Navigating work authorization complexities is not just a personal challenge but a reflection of broader systemic issues that need urgent attention.”

By tackling these obstacles, the U.S. can reinforce its position as the premier destination for global talent, fostering a mutually beneficial relationship between students and their host nation.

International Students in U.S. Universities Hit Record High Despite Political Concerns  

The number of international students enrolled in U.S. colleges and universities reached an unprecedented level during the 2023-24 academic year, according to a report from the Institute of International Education (IIE). The report highlighted that 1.1 million foreign students pursued higher education in the U.S., reflecting a 6.6% rise compared to the previous year.

A significant portion of these students hailed from China and India, with India surpassing China as the leading source of international students for the first time since 2009. California continued to be the most popular state for international students, hosting the largest share of this demographic. Among California’s academic institutions, prestigious universities such as UCLA, UC Berkeley, UC San Diego, and the University of Southern California attracted the highest numbers. Notably, while Chinese students outnumbered their Indian peers in California, the national trend saw Indian students leading.

The report also shed light on a notable 13.1% increase in students from African countries, bringing their total to 56,780. This group included students from Ghana, Nigeria, Kenya, Ethiopia, and South Africa. Meanwhile, East Asia sent 365,369 students to the U.S., with 277,398 coming from China alone—a 4.2% decline compared to the previous year. Other contributors from the region included Hong Kong, Japan, South Korea, and Taiwan.

In contrast, the number of students from Europe showed minimal fluctuation, growing by just 0.8% to reach 90,600. South and Central Asia sent a combined total of 386,260 students, with 331,602 from India alone, representing a 23.3% year-over-year increase. Additional contributors from the region included Bangladesh, Pakistan, and Afghanistan, with the latter accounting for 702 students.

A key factor behind the surge in Indian students was a 41% rise in participants of the “Optional Practical Training” (OPT) program, according to the IIE report. The OPT extension, tied to student visas, allows foreign students to gain work experience during or after their studies, making it an attractive option for Indian students seeking global exposure.

While the current numbers reflect growing interest in U.S. education, some experts have expressed concerns about potential declines under former President Donald Trump’s administration should he return to office. During his first term, foreign student enrollment dropped by 15%, largely due to the COVID-19 pandemic. However, policies such as the travel ban targeting several Muslim-majority countries, a trade conflict with China, and increased scrutiny of Chinese scholars were also cited as contributing factors.

John Aubrey Douglass, a senior research fellow at UC Berkeley’s Center for Studies in Higher Education, highlighted the impact of these policies on the global perception of the U.S. as a welcoming destination. He noted, “There is now a perception throughout the world that the U.S. is not the open society once perceived internationally, and no longer friendly to foreign students generally.”

Trump’s campaign promises during the 2024 election season, including mass deportations of undocumented immigrants, have added to the uncertainty surrounding international student numbers.

However, not all experts believe a second Trump term would significantly alter the trajectory of foreign student enrollment. Allan E. Goodman, CEO of the Institute of International Education, pointed out that enrollment trends have historically shown resilience. “International enrollment has tended to increase over time,” Goodman remarked during a briefing. He added that dips have typically occurred only during extraordinary events, such as the 9/11 terror attacks or the global COVID-19 pandemic.

Despite the political uncertainty, the record-breaking 2023-24 figures underscore the enduring appeal of U.S. higher education among international students. Its globally recognized institutions, advanced research opportunities, and diverse cultural experiences continue to make the U.S. a preferred destination for students worldwide.

Indian American Leader Urges Action Against Persecution of Hindus in Bangladesh

Bharat Barai, a prominent Indian American physician and community leader, has called for decisive measures against the Bangladeshi government over the alleged persecution of Hindus in the country. Speaking at the annual Diwali celebration held at the U.S. Capitol, Barai highlighted the pressing issue of minority rights violations in Bangladesh. He expressed optimism about the stance of President-elect Donald Trump, referencing a strong statement made by Trump during his campaign.

“I strongly condemn the barbaric violence against Hindus, Christians, and other minorities who are getting attacked and looted by mobs in Bangladesh, which remains in a total state of chaos,” Trump had stated before the November elections. This unequivocal condemnation has fueled hope among Indian Americans that the incoming administration might address the issue effectively.

Barai explained that Indian Americans have already begun engaging with the new administration and members of Congress to ensure the issue receives attention. Their efforts include proposing economic sanctions against Bangladesh, a step intended to compel the government to take action against the alleged atrocities. Specifically, Barai suggested targeting Bangladesh’s garment industry, a critical pillar of the nation’s economy.

He also called upon the Indian government to join the cause, urging them to initiate dialogue with Bangladesh and consider implementing sanctions of their own. Barai expressed belief that coordinated international efforts would put sufficient pressure on the Bangladeshi government to take tangible steps to address the treatment of Hindus and other minority communities.

Barai’s remarks underscore the determination within the Indian American community to address minority rights violations globally, particularly those affecting Hindu communities in South Asia. By combining diplomatic efforts with potential economic actions, they hope to influence significant change in Bangladesh’s approach to protecting its minorities.

This narrative reflects a broader concern over human rights issues and the international community’s responsibility to address them. Indian Americans remain hopeful that their advocacy will translate into meaningful actions under the leadership of both the U.S. and Indian governments.

Trump’s Bold Cabinet Picks: Provocation or Strategy?

President-elect Donald Trump has stirred controversy with his selection of key cabinet members, signaling a combative approach to shaping his administration. Among the most talked-about nominations are former Rep. Matt Gaetz as attorney general, former Rep. Tulsi Gabbard as director of National Intelligence, Robert F. Kennedy Jr. as secretary of Health and Human Services, and Fox News commentator Pete Hegseth as secretary of Defense. These appointments have overshadowed more traditional choices like Sen. Marco Rubio as secretary of State and North Dakota Gov. Doug Burgum as secretary of the Interior.

The quartet of controversial nominees has placed Senate Republicans in a challenging position. With the GOP holding a slim 53-47 majority in the Senate, all four appointees require confirmation. Trump’s picks appear to reflect his tightening grip on the Republican Party following his decisive victory over Vice President Kamala Harris in the presidential election.

This show of dominance poses a dilemma for Senate Republicans, particularly those skeptical of Trump. Figures like Sens. Bill Cassidy, Susan Collins, and Lisa Murkowski, who previously voted to convict Trump during his second impeachment trial, are likely to voice concerns. Trump’s tense relationship with outgoing Senate Minority Leader Mitch McConnell adds another layer of complexity.

Republican strategist Susan Del Percio, a vocal Trump critic, remarked that nominating individuals like Gaetz tests the party’s willingness to align with Trump’s agenda. “It shows you are not serious. You are really just giving Republicans a test to see how much they will bend to your will,” she said.

Gaetz’s nomination has already sparked significant turbulence. The Florida congressman resigned his seat upon being nominated, effectively halting a House Ethics Committee investigation into allegations of inappropriate sexual conduct, illegal drug use, and potential misuse of his position. Gaetz denies any wrongdoing.

The question of whether senators should have access to the committee’s findings has become contentious. Speaker Mike Johnson argued against releasing the report, calling it a “terrible breach of protocol and tradition.” Nevertheless, the delay in the Ethics Committee’s vote to decide on the report’s release has intensified scrutiny.

Republican senators, including Collins and Murkowski, have expressed skepticism. Murkowski dismissed Gaetz’s nomination as “not a serious nomination for attorney general,” while Collins said she was “shocked” by the decision. Sen. Joni Ernst added that Gaetz faced an “uphill climb” for confirmation.

A new complication emerged when an attorney representing two women involved in the Ethics Committee investigation alleged that one of the women had witnessed Gaetz engaging in sexual activity with a minor. This accusation has further clouded Gaetz’s prospects for confirmation.

Trump’s other nominations have also raised eyebrows. Gabbard, in particular, may face intense opposition from Republicans wary of her past comments that align closely with Russian President Vladimir Putin. Former Democratic National Committee chair Debbie Wasserman Schultz accused Gabbard of being “likely a Russian asset” during an MSNBC interview, although Gabbard has dismissed such allegations as “completely despicable.”

Kennedy’s controversial views, particularly his vaccine skepticism, pose another obstacle. Hegseth, despite his military background, has limited experience managing an organization as vast as the Defense Department, which employs nearly three million people.

The motivations behind Trump’s choices have sparked debate. Some observers believe he is determined to assemble a cabinet more aligned with his “Make America Great Again” (MAGA) agenda, distancing himself from the traditional GOP establishment that characterized parts of his first term. Others see the nominations as a power move to assert control over remaining skeptics within the party.

A third theory posits that Trump may be deliberately advancing polarizing nominees to allow Republican senators to reject one and demonstrate independence while confirming the others. Under this scenario, Gaetz could serve as the sacrificial nominee. However, some argue that Gabbard’s contentious past could make her even more vulnerable to rejection.

Dan Judy, a Republican strategist, cautioned against overanalyzing Trump’s approach. “He is a creature of instinct and he acts on instinct,” Judy said. “For someone like Gaetz, [Trump] thinks, ‘He is loyal to me, he looks good on TV, and he is sitting next to me on the plane right now — why don’t we make him attorney general?’ I don’t think there is any Machiavellian strategy to it.”

Whether driven by strategy or impulse, Trump’s cabinet picks highlight the challenges his administration will bring. Senate Republicans now face the difficult task of balancing loyalty to their party leader with their constitutional duty to vet his nominees.

Trump’s Peacemaker Appeal Resonates in Kamala Harris’s Ancestral Chennai

On the eve of the U.S. presidential election, Bala Raja, an 84-year-old retired professional in Chennai, India, expressed unequivocal support for Donald Trump. Wearing a cap emblazoned with “NYC,” Raja confidently declared, “He’s the right man.”

Raja was not alone in his sentiment. Male voters globally, including in Besant Nagar, the Chennai suburb where U.S. Vice President Kamala Harris’s mother, Shyamala Gopalan, grew up, echoed their approval of Trump. Their rationale for supporting him centered on his potential as a peacemaker.

After a visit to the Varasiddhi Vinayaka Temple, overlooking the scenic seaside where Harris once walked with her grandfather, Raja elaborated on his views. “He will control everybody,” he said, asserting that Trump could effectively manage global powers like China and Russia. Reflecting on the Russia-Ukraine conflict, he stated, “[Trump] would have stopped the war.” Another supporter, R. Srikanth, agreed. Drawing comparisons to Trump’s first term, Srikanth remarked that Vladimir Putin refrained from invading Ukraine during that time. “He’ll talk to Putin,” he added, emphasizing the hope for global peace under Trump’s leadership. “The world wants some sort of peace so everybody can grow.”

However, neither Raja nor Srikanth provided specifics on how Trump might achieve such peace, whether in Ukraine or Gaza. This lack of clarity mirrored Trump’s campaign rhetoric, which relied heavily on the slogan “peace through strength.” The concept resonated with many Indians, including 29-year-old engineer Goutam Nimmagadda. Watching the sunset along the Chennai coast on November 5, Nimmagadda said, “He wants to stop wars and all of that,” referencing the conflicts in Ukraine and Gaza. He speculated that this perception might explain the belief in Trump’s suitability for fostering global stability.

In India, favorable views of Trump are not new. A Pew Research Center poll conducted in June revealed that 42% of Indians expressed confidence in him—one of the highest global ratings. Among Indian men, 51% voiced confidence in Trump, compared to 32% of women. Globally, only men in Ghana, Nigeria, and Bangladesh displayed greater confidence in Trump. Contributing to this admiration may be the abundance of Trump-branded real estate in India, second only to the U.S., as reported by Indian media.

Sumitra Badrinathan, a political scientist at American University, attributes the emerging perception of Trump as a peacemaker to a broader narrative. “There’s a lot of people across the world who do believe this narrative that Trump is going to end the wars. It’s not unique to India,” she observed. This belief, fueled by campaign rhetoric and social media messaging, has gained traction internationally. Filtered through platforms like WhatsApp, it shaped opinions even in distant places like Chennai.

Milan Vaishnav, who directs the South Asia Program at the Carnegie Endowment for International Peace, links these perceptions to the U.S.-India dynamic during Trump’s first term. The relationship between Indian Prime Minister Narendra Modi and Trump flourished during that period, marked by high-profile events like the “Howdy Modi” rally in Houston and the “Namaste Trump” gathering in India. Vaishnav noted, “The U.S. relationship with India really wasn’t something that was caught up in turmoil. In fact, you could argue that it went from strength to strength.”

This close association between the two leaders likely shaped Indian perceptions of Trump. Analysts suggest that a second Trump administration might see India capitalizing on robust trade ties with the U.S. while avoiding punitive tariffs. Additionally, India could face reduced scrutiny over its human rights record and its continued purchase of Russian oil amid Western embargoes.

Vaishnav highlighted the alignment between Modi and Trump as a potential factor in Trump’s favorable reception among Indian men. “They see similarities between Modi and Trump,” he said, adding that Modi’s efforts to position himself as a peacemaker may resonate with Trump’s narrative. Vaishnav referenced Modi’s meetings with both Putin and Ukrainian President Volodymyr Zelenskyy earlier this year, where Modi sought to mediate and foster dialogue. “It’s this idea that we live in this chaotic world,” Vaishnav explained. “There’s a lot of instability, there’s a lot of global volatility. And we need these sort of larger than life strongman figures to essentially stabilize that system.”

Badrinathan, however, offered an alternative explanation for Trump’s peacemaker image: a lack of competing narratives. “I think we have to consider the simple explanation,” she said. “They did not hear any other message. This is the only one they heard.”

As Trump prepares for another term in the White House, his promise of “peace through strength” has clearly struck a chord with supporters in India, reflecting broader global sentiments. For some, his leadership embodies a vision of stability and strength amidst a volatile world, even if the specifics of his approach remain undefined.

Bluesky: A New Rival to Musk’s X?  

Recently, the term “Bluesky” has been generating buzz across social media platforms, leaving many curious about its nature and appeal. This emerging social media platform is seen as a viable alternative to Elon Musk’s X (formerly Twitter), bearing a similar visual aesthetic with its blue-themed logo and interface.

Bluesky has been experiencing exponential growth, reportedly adding around a million new users daily. Its user base, standing at 16.7 million at the time of writing, continues to surge, quickly making it a topic of widespread interest.

What Is Bluesky?

Bluesky markets itself as “social media as it should be.” While its layout may remind users of other platforms, including the former Twitter, it promises something distinctive. A menu bar on the left offers familiar options such as notifications, a homepage, and a search function, while users can post, comment, like, and repost content—features strikingly reminiscent of X’s functionality.

The primary distinction lies in Bluesky’s decentralized structure. Unlike traditional social media platforms where user data resides on company-owned servers, Bluesky allows users to host their data on independent servers. This setup enables users to register using their custom domains, bypassing the need for platform-specific usernames. However, most users opt for the default “.bsky.social” domain when joining.

Who Owns Bluesky?

Bluesky’s resemblance to X is no coincidence. It was conceived by Jack Dorsey, the former head of Twitter, who envisioned it as a decentralized version of his earlier creation. Dorsey once stated his goal for Bluesky was to become a platform free from ownership by any single individual or entity.

Despite his foundational role, Dorsey stepped down from Bluesky’s board in May 2024 and subsequently deleted his account in September. Bluesky is now led by CEO Jay Graber and operates as a U.S. public benefit corporation, emphasizing its commitment to serving public interests.

Why Is Bluesky Gaining Popularity?

Although Bluesky was launched in 2019, its invitation-only model persisted until February 2024, allowing developers to refine the platform and address technical glitches before opening it to the public. While this gradual rollout strategy minimized early-stage challenges, the platform has recently experienced outages due to a significant influx of users.

The surge in Bluesky’s popularity coincided with Donald Trump’s success in the November U.S. elections. Elon Musk, a vocal supporter of Trump during his campaign, is expected to play a pivotal role in his administration. This association has prompted many users to leave X, citing concerns over political affiliations.

For instance, the Guardian newspaper announced its decision to stop posting on X, calling it “a toxic media platform.” Similarly, numerous individuals and organizations have sought alternatives like Bluesky. The platform’s popularity is further bolstered by celebrity endorsements, with figures like Lizzo, Greg Davies, Ben Stiller, Jamie Lee Curtis, and Patton Oswalt joining. Many of these stars have reduced their presence on X or abandoned it altogether.

Bluesky has also achieved notable milestones in terms of app downloads. In the UK, it topped the Apple App Store’s list of free apps, highlighting its increasing global appeal. However, Bluesky still has a long way to go to rival X’s massive user base. Musk previously claimed X had 250 million daily users, and though exact numbers are unavailable, X’s total users are believed to be in the hundreds of millions.

The Revenue Challenge

The burning question for Bluesky is how it plans to sustain itself financially. Like many startups, Bluesky initially relied on venture capital funding, raising millions of dollars. However, as its user base grows, so do operational costs, necessitating a stable revenue model.

Twitter, in its prime, depended heavily on advertising revenue. Bluesky, however, has expressed its intent to avoid this route. Instead, it is exploring paid services, such as allowing users to purchase custom domain usernames. For instance, a user’s current username like “@twgerken.bsky.social” could be upgraded to “@twgerken.bbc.co.uk,” providing a professional touch while serving as a verification method.

Despite this potential, Bluesky may need to adopt broader monetization strategies, such as subscription-based features, to cover expenses. Such financial uncertainty is not unusual for tech startups. Even Twitter struggled to turn a profit before Elon Musk acquired it in 2022, with only two profitable years during its eight-year tenure as a publicly traded company.

What Lies Ahead?

Bluesky’s future remains uncertain. While its current growth trajectory is impressive, it is still far from posing a substantial threat to X’s dominance. Nevertheless, its commitment to decentralization and user autonomy resonates with many, particularly those disenchanted with traditional social media platforms.

As Bluesky continues to evolve and refine its model, its potential to disrupt the social media landscape cannot be underestimated. For now, it remains a rising star in a competitive field, striving to carve its niche.

As one observer aptly put it, “If its growth continues, anything is possible.”

Trump’s Shockwaves Reshape Washington with Controversial Nominations

A political whirlwind swept through Washington on Wednesday as President-elect Donald Trump reshaped the political landscape with startling nominations that surprised even some members of his party. After meeting with President Biden at the White House and receiving a warm reception from the House GOP on Capitol Hill, Trump made bold moves that commanded the nation’s attention.

Among the most shocking decisions was his nomination of Florida Republican Rep. Matt Gaetz as attorney general. The announcement came shortly after Trump revealed his choice of Tulsi Gabbard, a former Democratic congresswoman turned Republican from Hawaii, as director of national intelligence (DNI). These appointments overshadowed even Trump’s meeting with Biden and left other major announcements, such as the nomination of Sen. Marco Rubio as secretary of state, largely unnoticed.

Trump had also surprised many a day earlier by naming Fox News host Pete Hegseth as his pick for defense secretary. Though criticized for his lack of relevant experience, Hegseth’s selection paled in comparison to the controversies surrounding Gabbard and Gaetz. Collectively, these choices signaled Trump’s intent to deliver a seismic jolt to Washington as he prepares to return to the White House after his recent election victory.

Trump’s decisive win over Vice President Kamala Harris was his strongest showing across three presidential campaigns, giving him a mandate he appears eager to leverage. His actions highlight his determination to dismiss traditional political norms and intensify his brand of right-wing populism. His victory also cemented his complete takeover of the GOP, sidelining figures like Senate Minority Leader Mitch McConnell and retiring Sen. Mitt Romney. In the next Trump administration, the old Republican establishment may have no significant influence.

The appointment of Gaetz as head of the Department of Justice epitomizes this shift. A staunch Trump ally, Gaetz is well-known for his outspoken support of the former president and his penchant for media attention. He played a pivotal role in the ousting of former Speaker Kevin McCarthy and has remained a polarizing figure, even among Republicans. However, his nomination is clouded by past controversies, including his involvement in a Department of Justice investigation into alleged sex trafficking. Although he was not charged, Gaetz remains under scrutiny by the House Ethics Committee, which is investigating allegations of sexual misconduct and illegal drug use—charges he vehemently denies.

Gaetz’s confirmation in the Senate, where Republicans will hold a narrow 53-47 majority, is far from guaranteed. His divisive reputation has drawn criticism even from fellow GOP lawmakers. When informed of the nomination, Rep. Mike Simpson reportedly reacted with disbelief, saying, “Are you s—ting me?” according to a Huffington Post reporter.

Meanwhile, Trump’s choice of Gabbard as DNI has raised concerns for different reasons. In announcing her nomination, Trump praised her “fearless spirit” and her shift from the Democratic to Republican Party. Gabbard, who sought the Democratic presidential nomination in 2020, is remembered for challenging Harris’s record on criminal justice during a 2019 debate. However, her stance on issues like Russia and Ukraine has been a source of controversy. Gabbard suggested that Russia’s invasion of Ukraine might have been avoided if NATO had addressed Moscow’s “legitimate security concerns.” Additionally, she claimed the U.S. was involved in developing biological weapons in Ukraine, a statement that prompted Romney to accuse her of spreading “false Russian propaganda.” If confirmed, Gabbard would gain access to the nation’s most sensitive intelligence.

Trump’s unorthodox appointments highlight the stark contrast between him and the man he is set to replace in the Oval Office, both in temperament and ideology. Despite their fraught history, Biden hosted Trump at the White House for a two-hour meeting. This marked a significant departure from 2020, when Trump refused to extend the same courtesy to Biden after losing the election. Trump had then insisted, without evidence, that he had won—a claim that culminated in the January 6 Capitol riot.

Photos of Biden and Trump seated together before a roaring fire symbolized an uneasy truce. Trump described Biden as “very gracious,” a sentiment echoed by White House press secretary Karine Jean-Pierre, who called Trump’s demeanor during the meeting “substantive.” Despite the pleasantries, it was a bittersweet moment for Biden, whose 2020 campaign framed his battle against Trump as a fight for the “soul of America.” Biden’s reelection hopes had dimmed following a lackluster debate performance, and Harris’s failure to extend his legacy added to the disappointment.

Elsewhere on Capitol Hill, Trump received a hero’s welcome from House Republicans, who celebrated his election victory. In a buoyant meeting, Trump joked about assembling a Cabinet with 15 members of the House GOP and teased his ally, Elon Musk, in good humor.

However, not everything went Trump’s way. Sen. John Thune triumphed in the race for Senate majority leader, defeating John Cornyn and Rick Scott. Scott, the preferred candidate of Trump’s MAGA base, received the least support in the secret ballot. Nonetheless, this development was a minor blip in an otherwise chaotic day dominated by Trump’s bold moves.

Trump’s decisions signal a willingness to challenge established norms and consolidate his grip on power. His nominations underscore his readiness to prioritize loyalty and ideological alignment over conventional qualifications, ensuring his second term will be as disruptive as his first. While the day included minor setbacks, it was largely a showcase of Trump’s unyielding drive to reshape Washington on his terms.

Republicans Secure Control of U.S. House, Paving the Way for Trump’s Agenda

The Republican Party has clinched enough seats to assume control of the U.S. House of Representatives, solidifying its hold on the federal government alongside President-elect Donald Trump. This development completes the GOP’s power sweep, following their earlier success in gaining control of the Senate.

A victory in Arizona and another in California’s slow-counting race on Wednesday granted Republicans the 218 seats required for a majority in the House. With these wins, the GOP gains an opportunity to enact sweeping changes to federal policies, aligning with Trump’s vision for the nation.

Republican leaders, buoyed by their hard-fought yet narrow majorities, believe they now have a mandate to drastically reshape the federal government. President-elect Trump has pledged significant moves, including the largest deportation operation in U.S. history, expanded tax breaks, retribution against political adversaries, and major economic reforms. These electoral victories ensure Congress is in sync with his agenda, leaving Democrats with little ability to counter it.

In 2016, when Trump first assumed the presidency, Republicans also controlled Congress, but internal GOP resistance and a divided Supreme Court posed challenges. This time, Trump returns to the White House backed by a party transformed by his “Make America Great Again” movement and a Supreme Court dominated by conservative justices, three of whom he appointed during his previous term.

On Wednesday morning, Trump made his first post-election visit to Washington, addressing House Republicans at a Capitol Hill hotel. “I suspect I won’t be running again unless you say, ‘He’s good, we got to figure something else,’” he joked to the assembled lawmakers, who responded with laughter.

House Speaker Mike Johnson, who secured Trump’s endorsement to retain his position next year, has expressed an intent to overhaul federal government programs. “The American people want us to implement and deliver that ‘America First’ agenda,” Johnson declared earlier in the week. Known for his staunch conservatism, Johnson has aligned the House Republican Conference closer to Trump’s vision and is preparing an ambitious legislative plan for the first 100 days of the new Congress.

The GOP majority also positions Trump’s allies to pursue retribution for legal challenges he faced while out of office. On Wednesday, Trump announced he would nominate Rep. Matt Gaetz, a vocal supporter, for attorney general. Meanwhile, Rep. Jim Jordan, chair of the House Judiciary Committee, signaled plans to investigate special counsel Jack Smith, who is concluding federal probes into Trump’s actions surrounding the 2020 election and classified documents found at Mar-a-Lago.

Despite the victory, the GOP’s hold on the House is slim, with only a few races yet to be decided. This narrow margin could complicate Johnson’s efforts to maintain unity, particularly as Trump taps House members like Gaetz, Mike Waltz, and Elise Stefanik for administration roles. Gaetz announced his resignation on Wednesday, effective immediately, prompting Johnson to express hope that his seat would be filled by special election before the new Congress convenes on January 3.

The slim Republican majority could face challenges in maintaining cohesion. In the last Congress, infighting among hardline conservatives often hampered the GOP’s ability to govern effectively. While Johnson, with Trump’s support, has managed to suppress overt rebellions, the party’s right wing has gained momentum following Trump’s election victory.

Further complicating matters is a contingent of Republican lawmakers who won tight races by campaigning as moderates. Their willingness to support Trump’s more extreme proposals remains uncertain.

On the Democratic side, House Minority Leader Hakeem Jeffries is striving to keep his party relevant in shaping legislation, despite being outnumbered. This effort requires unity among over 200 Democratic members, even as the party evaluates the reasons behind its electoral losses.

In the Senate, the GOP’s commanding majority enables swift confirmation of Trump’s Cabinet picks. On Wednesday, Sen. John Thune of South Dakota succeeded Sen. Mitch McConnell as the party’s leader. Thune, who had previously criticized Trump, struck a conciliatory tone during his leadership bid. “This Republican team is united. We are on one team,” he said, expressing enthusiasm for working with House Republicans to advance Trump’s agenda.

The Republicans’ 53-seat Senate majority provides them with breathing room to confirm Cabinet members and potentially Supreme Court nominees, should a vacancy arise. However, not all nominations are expected to sail through without controversy. News of Gaetz’s prospective nomination as attorney general drew skepticism, even among Trump’s Senate allies, due to past allegations of misconduct against him.

Despite resistance, Trump has demanded that Republican leaders allow him to make administration appointments during Senate recesses without a formal vote, a move that would shift significant power from the Senate to the president. GOP leaders have largely agreed to this proposal, though Democrats may attempt to block it.

Meanwhile, Trump’s supporters on social media, including billionaire Elon Musk, have voiced opposition to appointing traditional Republicans to key Senate roles. Thune’s leadership has drawn particular scrutiny, given his past association with McConnell, who once referred to Trump as a “despicable human being.”

However, McConnell himself acknowledged that Republican resistance to Trump has largely evaporated. On Capitol Hill, the party appears unified in its commitment to advancing Trump’s policy goals, setting the stage for significant changes in the coming years.

Stephen Miller Returns to Key Role in Trump’s Immigration Agenda

President-elect Donald Trump has selected immigration hardliner Stephen Miller as his White House Deputy Chief of Staff for policy, solidifying his administration’s intent to prioritize restrictive immigration measures. Vice President-elect JD Vance confirmed the appointment on Monday, praising Miller as “another fantastic pick by the president” in a post on X.

Miller, a close Trump ally, previously served as senior adviser and director of speechwriting during Trump’s first term. He played a central role in controversial policies such as the Muslim travel ban and the 2018 family separation initiative, which drew widespread criticism.

A Strong Stand on Immigration and H-1B Visas

Throughout Trump’s 2024 campaign, Miller was a prominent figure at rallies, championing anti-immigration rhetoric. At a high-profile rally in Madison Square Garden, attended by nearly 19,500 supporters, he declared, “America is for Americans and Americans only” and vowed to “restore America to the true Americans.”

In a New York Times interview last year, Miller outlined a vision for stringent immigration policies should Trump win re-election. His proposals included detaining undocumented immigrants in camps while awaiting expulsion and imposing strict restrictions on both legal and illegal immigration.

Miller’s influence during Trump’s first administration was evident in initiatives like the Cruz-Sessions bill, which sought to prevent international students holding bachelor’s or master’s degrees from working in H-1B status for a decade. Now, in his new role, he is expected to continue advocating for curbs on H-1B visas, arguing that the program displaces American workers and suppresses wages.

The Trump Administration’s Immigration Record

Trump’s first term saw a stark departure from economic consensus, which generally recognizes the benefits of skilled immigration to the U.S. economy. His administration introduced policies that led to increased visa denial rates and tightened the definition of “specialty occupation,” limiting H-1B eligibility.

In 2020, a Trump administration rule aimed at restricting H-1B access was blocked by the courts for violating the Administrative Procedure Act. This proposed regulation sought to narrow the criteria for specialty occupations and prevent companies from hiring foreign-born professionals, including scientists and engineers. Forbes reported that if President Joe Biden’s administration fails to finalize its H-1B modernization rule before leaving office, Trump could implement a more restrictive version aligned with his administration’s priorities.

During Trump’s first term, denial rates for H-1B petitions rose sharply—from 6% in fiscal year 2015 to 24% in 2018 and 21% in 2019—following memos and policy guidance issued by his administration. After a legal settlement in 2020, denial rates dropped back to pre-Trump levels, reaching 4% in fiscal year 2021 and 2.2% in 2022, according to Forbes.

A Broader Approach to Restrictive Immigration

To further his immigration agenda, Trump has also appointed Tom Homan, the former acting director of Immigration and Customs Enforcement (ICE), as his administration’s “Border Czar.” Homan will oversee border security, as well as maritime and aviation measures, and direct deportation policies. In a post on his Truth Social platform, Trump announced that Homan would take charge of ensuring the security of U.S. borders.

Together, Miller and Homan are expected to spearhead the administration’s hardline immigration policies, focusing on measures to limit both legal and illegal immigration.

Prospects for Immigration Policies in Trump’s Second Term

The Trump administration’s approach contrasts starkly with the Biden administration’s ongoing efforts to modernize H-1B regulations. Biden’s proposed rule, announced in October 2023, aimed to make the program more accessible and aligned with economic demands. However, Forbes suggested that a renewed Trump administration would likely issue a far stricter rule, reversing much of Biden’s progress.

The implications of Miller and Homan’s appointments are clear: a continuation of the Trump administration’s restrictive stance on immigration, with an emphasis on limiting the use of H-1B visas. For many skilled foreign nationals, this visa represents the only viable path to long-term employment in the United States.

As Trump prepares to take office, his team’s appointments signal a resolute commitment to the immigration policies that defined his first term, with a renewed focus on reshaping the landscape for both legal and illegal immigrants.

Trump Nominates RFK Jr. to Lead HHS, Sparking Controversy

President-elect Donald Trump has announced his selection of Robert F. Kennedy Jr., an outspoken critic of vaccines and a prominent environmental lawyer, to lead the Department of Health and Human Services (HHS). The decision has elicited polarized reactions, with supporters praising Kennedy’s reformist stance and critics warning of potential harm to public health.

HHS oversees federal health programs like Medicare, Medicaid, and the Affordable Care Act, and manages responses to public health crises such as COVID-19 and bird flu. With a budget nearing $2 trillion, the department also approves drugs, including vaccines, and supervises 13 distinct agencies. Kennedy has long contended that these agencies are in urgent need of transformation.

“I am thrilled to announce Robert F. Kennedy Jr. as the United States Secretary of Health and Human Services,” Trump wrote on social media Thursday. He accused the “industrial food complex and drug companies” of spreading misinformation and pledged that Kennedy would restore integrity to HHS. Trump added that Kennedy would emphasize “Gold Standard Scientific Research” and work to “Make America Great and Healthy Again!”

Kennedy’s nomination, first reported by Politico, must gain Senate approval—a potentially arduous process despite the Republican majority. Trump has hinted at circumventing confirmation hurdles through recess appointments if necessary. His choice of Kennedy signals confidence in the Senate’s Republican support.

Kennedy, a vocal skeptic of pharmaceutical companies and federal health agencies, is set to oversee the same entities he has heavily criticized. His agenda, branded as “Make America Healthy Again,” focuses on transparency and combating chronic diseases. Senator Bill Cassidy (R-La.), who will chair the Senate Health, Education, Labor, and Pensions (HELP) Committee, expressed cautious optimism about Kennedy’s policies. “RFK Jr. has championed issues like healthy foods and the need for greater transparency in our public health infrastructure,” Cassidy said. “I look forward to learning more about his other policy positions and how they will support a conservative, pro-American agenda.”

However, the nomination has alarmed Democrats and public health leaders. They argue Kennedy’s leadership could undermine critical agencies, increase vaccine hesitancy, and redirect resources to his personal priorities. Senate Finance Committee Chairman Ron Wyden (D-Ore.) criticized Kennedy’s views, describing them as “outlandish.” Wyden stated, “Mr. Kennedy’s outlandish views on basic scientific facts are disturbing and should worry all parents who expect schools and other public spaces to be safe for their children.”

Senator Patty Murray (D-Wash.), who chairs the Senate Appropriations Committee, echoed Wyden’s concerns. “Confirming RFK Jr. would be nothing short of a disaster for the health of millions of families,” she said, urging her Republican colleagues to oppose the nomination. Murray described Kennedy as a “fringe conspiracy theorist” and warned his appointment could jeopardize progress in public health, reproductive rights, and scientific research.

Kennedy is no stranger to controversy. He founded one of the nation’s most prominent anti-vaccine groups and has perpetuated the debunked claim linking childhood vaccines to autism. While he recently stated he does not intend to revoke any approved vaccines, he argues that federal health agencies have failed to adequately research their safety.

The nomination serves as a reward for Kennedy’s political loyalty. After initially running as a Democrat in the presidential race, he transitioned to an independent campaign before ultimately endorsing Trump. His endorsement and subsequent campaigning for Trump highlighted his criticisms of federal health regulators, whom he labeled “sock puppets” controlled by corporate interests. Kennedy has vowed to overhaul agencies like the FDA, accusing them of systemic corruption.

In October, Kennedy took to X (formerly Twitter) to assert that the FDA’s “war on public health is about to end.” He added, “If you work for the FDA and are part of this corrupt system, I have two messages for you: 1. Preserve your records, and 2. Pack your bags.”

Kennedy’s controversial positions extend beyond vaccines. He has proposed removing fluoride from the nation’s water supply, a practice widely credited with improving dental health. Public health officials view such proposals as regressive and potentially harmful.

Trump has expressed strong support for Kennedy’s reformist ambitions. In a post-election speech at Mar-a-Lago, Trump said, “He’s going to help make America healthy again. … He wants to do some things, and we’re going to let him get to it.” Trump’s transition team co-chair Howard Lutnick suggested Kennedy might revoke liability protections for vaccine manufacturers and reduce the number of recommended vaccines. Lutnick hinted that vaccine safety data could reveal significant risks if Kennedy gained access to it.

Despite these endorsements, Kennedy’s appointment remains divisive. Critics, including public health leaders and Democratic lawmakers, warn of far-reaching consequences for health policy and scientific credibility. Wyden emphasized the stakes during Kennedy’s forthcoming confirmation hearing: “It’s going to be very clear what Americans stand to lose under Trump and Republicans in Congress.”

US Tech Giants Expand H-1B Visa Usage, While Indian IT Firms Shift Focus to Local Talent

Leading American tech companies like Amazon, Meta, Google, and Microsoft are increasing their reliance on H-1B visa holders, diverging sharply from Indian IT giants such as TCS, Wipro, Infosys, and HCL, which have significantly reduced their dependency on these visas.

An analysis by The Economic Times indicates that since 2016, US tech firms have witnessed a remarkable 189 percent increase in H-1B visa usage. Amazon spearheads this growth with a staggering 478 percent rise, followed by Meta at 244 percent and Google at 137 percent. Conversely, Indian IT firms have collectively decreased their reliance on H-1B visas by 56 percent over the same period.

This trend reflects a strategic transformation among Indian IT companies, which are now focusing on nurturing local talent within the United States. They are also extending Green Card sponsorships to experienced professionals in a bid to establish long-term sustainability in the American market. Indian firms are maturing their operations in the US, aligning with a business model less reliant on imported talent.

Commenting on the trend, Vic Goel, managing partner at the corporate immigration law firm Goel & Anderson, explains, “US companies must rely on H-1B visas to fill roles with skills not easily found domestically, especially in emerging tech.” The growing demand for specialized expertise in fields like digital transformation, cloud computing, and artificial intelligence is driving this dependency on H-1B visas among American tech firms.

However, the recent election of President Donald Trump has reignited concerns over the future of H-1B and H-4 visas. Known for his tough stance on immigration, Trump’s administration could potentially introduce changes to the Immigration and Nationality Act, including country-specific quotas for visa allocations. Some experts speculate that India may benefit from such policies due to its strong diplomatic ties with the US.

Russell A. Stamets, a partner at Delhi-based Circle of Counsels, advises Indian IT firms operating in the US to adapt proactively to potential policy changes. “Indian firms must prepare to positively influence their outcomes,” he notes, emphasizing the importance of anticipating American regulatory shifts.

Anticipated policy changes are also likely to raise the cost of hiring foreign talent. Employers may face increased visa fees and heightened wage requirements for H-1B roles, further intensifying financial pressures. During Trump’s previous administration, H-1B visa applications underwent heightened scrutiny, with 34 percent requiring additional documentation. This led to considerable anxiety among visa holders and their families, especially for H-4 visa recipients who faced potential loss of work authorization.

Despite these challenges, Indian IT firms remain committed to fostering a robust talent pipeline in the US. Through Nasscom, the industry’s representative body, Indian companies have collectively invested $1.1 billion in STEM initiatives across the country. These efforts include partnerships with over 130 US colleges and universities, along with upskilling approximately 255,000 employees.

This strategic investment has not only contributed to the American workforce but also generated over 600,000 jobs across the US. By emphasizing talent development and collaboration, Indian IT firms continue to play a crucial role in strengthening the US tech ecosystem, even as visa policies undergo significant shifts.

The evolving landscape highlights a clear divergence in strategies between US tech firms and Indian IT companies. While American firms increasingly depend on foreign talent to fill highly specialized roles, Indian companies are pivoting towards sustainable local hiring and investment in talent development.

HinduPACT’s HinduVote Project Congratulates Donald J. Trump on his Election as the 47th President of the United States of America

[Sugar Grove, IL] – HinduPACT’s HinduVote Project extends congratulations to President-elect Donald J. Trump on his election as the 47th President of the United States of America. We celebrate the democratic process, reflecting people’s will and upholding our nation’s foundational principles.

We express our sincere gratitude to Vice President Kamala Harris for graciously accepting the verdict and upholding the principles of the democratic process. The commitment to a peaceful transition of power reinforces the strength of our democracy and sets a commendable example for all Americans.

As we look forward to the future, we remind President-elect Trump of his promise to take immediate action to stop the persecution of Hindus in Bangladesh. We ask the President-elect to preserve the First Amendment rights of Hindus by sending a firm message to radical elements and to safeguard Hindus and their places of worship within the United States and abroad. The American Hindu community remains deeply concerned about the persecution, and we urge the incoming administration to address them with urgency and diligence.

The attention of the 47th President to the American Hindu Agenda 2024 is essential to the success and well-being of our community. This agenda outlines critical matters affecting American Hindus, including:

  • Protection of Religious Freedoms: Ensuring the rights of Hindus to practice their faith freely and without fear.
  • Combating Hate Crimes: Implementing policies to prevent and respond to acts of violence and discrimination against the Hindu community.
  • International Human Rights: Advocating for Hindus facing persecution in countries like Bangladesh and supporting global human rights initiatives.
  • Fair and Merit-Based Admissions and Employment Opportunities: Advocating for admissions in educational institutions and employment opportunities to be based on merit, ensuring fairness and equal opportunity for all. We support the Supreme Court’s decision in the Harvard v. Students for Fair Admissions case, emphasizing the importance of meritocracy and equal treatment under the law.  We encourage the incoming administration to uphold these principles and ensure that policies reflect a commitment to merit, fairness, and equality.

We are eager to collaborate with President-elect Trump’s administration and request a meeting with his appointed officials to discuss these critical issues. We aim to create policies that reflect the values of inclusivity, justice, and mutual respect.

About HinduPACT’s HinduVote Project:

The HinduVote Project is an initiative of HinduPACT dedicated to empowering American Hindus through civic engagement, policy advocacy, and community outreach. Our mission is to ensure that American Hindus’ voices are heard in the democratic process and that their concerns are addressed at all levels of government.

For more information about the American Hindu Agenda 2024 and our ongoing initiatives, please visit www.hinduvote.org.

About HinduPACT: 

The Hindu Policy Research and Advocacy Collective (HinduPACT) is an initiative of the World Hindu Council of America (VHPA) dedicated to the advocacy and policy research of issues concerning the American Hindu community.  HinduPACT promotes human rights, voter education, and policies affecting American Hindus, aiming for peace and understanding through informed policy initiatives and grassroots advocacy. Visit https://hindupact.org for more details.

Rare Earth Discovery in Wyoming Could Reshape U.S. Economic and Manufacturing Landscape

Following the recent election, billionaire Elon Musk has cautioned that the U.S. economy is teetering on the brink of bankruptcy. He has urged former President Donald Trump to consider Bitcoin as a potential solution to the nation’s ballooning debt. However, a groundbreaking discovery of rare earth minerals in the United States may chart a new course toward economic resilience and global manufacturing competitiveness.

Currently, China dominates the global rare earth market, accounting for 95% of the world’s rare earth mineral production and holding over 31% of global manufacturing output. In contrast, the United States relies heavily on imports, sourcing 74% of its rare earth minerals from abroad while contributing only 15% to global manufacturing.

This imbalance, however, could soon shift, thanks to a significant find by American Rare Earths in Wyoming. Earlier this year, the company struck an unexpectedly rich deposit of rare earth minerals, including neodymium, praseodymium, samarium, dysprosium, and terbium, which are crucial for advanced technology such as smartphones, hybrid vehicles, aircraft, and even everyday items like light bulbs and lamps.

The discovery is still in its early stages, with only 25% of the company’s drilling project completed, suggesting there could be much more to uncover. This could mark the beginning of a transformative era for U.S. rare earth mineral production and manufacturing.

The discovery comes amid increasing efforts to reduce dependence on Chinese resources. In December 2023, the U.S. imposed a ban on rare earth mineral extraction, aiming to match or exceed China’s output. American Rare Earths began drilling in March 2023 and initially estimated a reserve of 1.2 million metric tons of rare earth minerals in Wyoming. Since then, the company has exceeded expectations, increasing its estimated yield by more than two-thirds.

“These results are illustrative of the enormous potential of the project,” said Don Schwartz, CEO of American Rare Earths. “The resource increased by 64 percent during a developmental drilling campaign, which increased measured and indicated resources by 128 percent. Typically, you’ll see the resource decrease as infill drilling takes place – instead, we’re seeing the opposite, with only 25% of the project being drilled to this point.”

American Rare Earths’ discovery is not an isolated event. Another company, Ramaco Resources, has also reported finding a deposit of rare earth materials near Sheridan, Wyoming, valued at approximately $37 billion. The findings signal a promising trend for U.S. mineral exploration.

Randall Atkins, CEO of Ramaco Resources, highlighted the challenges and opportunities of mining these materials. Speaking to *Cowboy State Daily*, he said, “We only tested it for 100, 200 feet, which is about the maximum you’d ever want to do a conventional coal mine. Much deeper than that, and the cost would be prohibitive to mine for $15-a-ton coal. But there are seams that go down almost to 1,000 feet. So, we’re drilling down into the deeper levels to see what’s down there.”

While Ramaco’s estimates of the deposit’s value are substantial, Schwartz of American Rare Earths was skeptical about their comparative significance. “Our resource is on an order of magnitude larger than the Ramaco Resources number,” he said. “If you did the same thing for it, you’d come up with a lot bigger number, but that doesn’t take into account whether you can [mine and process] more economically, or even do it.”

The potential implications of these discoveries are vast. If fully realized, the U.S. could significantly reduce its reliance on imported rare earth minerals and bolster its domestic manufacturing capabilities. This, in turn, could enhance America’s standing in the global economic arena and help offset economic vulnerabilities highlighted by figures like Musk.

These newfound resources present an opportunity for the U.S. to challenge China’s dominance in rare earth production, a crucial factor in maintaining technological and economic competitiveness. The advancements in Wyoming, coupled with continued exploration and innovation, may prove instrumental in reshaping the U.S. economy for years to come.

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