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Donald Trump picks Scott Bessent as Treasury secretary - Financial Times

Donald Trump picks Scott Bessent as Treasury secretary  Financial Times

 

Special Election for Gaetz’s Seat Set for April Fool’s Day

“Florida will conduct a special election on April 1, 2025, to fill the House seat vacated by Matt Gaetz, kicking off a sprint among Florida Republicans to represent the deep-red district,” Politico reports.
“The primaries are set for January 28, but whoever wins the GOP nomination will be the heavy favorite over the Democratic pick.”

 

Matt Gaetz Has a New Gig

Former Rep. Matt Gaetz (R-FL) is recording short videos on Cameo for $500 apiece.

 

House Democrats to Make Mike Johnson’s Life Hell

“House Democrats are gearing up to put maximum pressure on House Speaker Mike Johnson’s (R-LA) agonizingly small House majority,” Axios reports.

“Just a few complications on the GOP side could hobble Johnson’s efforts to pass President-elect Trump’s sweeping agenda, fund the government and raise the debt ceiling.”

 

Justices Take Up Case Testing Power of Agencies

“The Supreme Court agreed Friday to wade into a fight over Congress’ ability to delegate power to federal agencies — opening the next chapter in a decadeslong effort by conservatives and business interests to reduce the power of the federal government,” CNN reports.

 

Tulsi Gabbard Was Placed on Government Watch List

“Tulsi Gabbard, Donald Trump’s pick to lead the intelligence community, was briefly placed on a Transportation Security Administration list that prompts additional security screening before flights after her overseas travel patterns and foreign connections triggered a government algorithm earlier this year,” CNN reports.

 

Trump Picks Scott Bessent for Treasury Secretary

President-elect Donald Trump has selected hedge-fund manager Scott Bessent to lead the Treasury Department, “elevating one of the finance world’s most vocal supporters of the president-elect to a crucial position overseeing the incoming administration’s economic agenda,” the Wall Street Journal reports.

 

Trump Plans to Fire Jack Smith’s Entire Team

“President-elect Donald Trump plans to fire the entire team that worked with special counsel Jack Smith to pursue two federal prosecutions against the former president, including career attorneys typically protected from political retribution,” the Washington Post reports.

 

Trump Picks Lori Chavez-DeRemer for Labor Secretary

President-elect Donald Trump has chosen Rep. Lori Chavez-DeRemer (R-OR) as his pick to be the secretary of labor, CNN reports.

Chavez-DeRemer lost reelection to Oregon’s 5th District earlier this month.

 

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