U.s. Tweaks Fannie Mae, Freddie Mac Bailout Terms, Requires All Profits

Some 600 New Orleans nurses joined a national surge in precontract strikes. On October 25, Tonjanika Webster joined a line of nurses on Canal Street, outside of New Orleans’s University Medical Center. Some, like Webster, wore scrubs. Others, red for their union, National Nurses United. A giant banner reading “UMC Proud” unfurled over the hospital’s facade, while Beyoncé and Taylor Swift echoed out of giant speakers, punctuated by approving honks from drivers.

“The situation at the Washington Post is so dire that two candidates to run the paper — Cliff Levy of the New York Times and Meta’s Anne Kornblut, a former Post editor — both withdrew from consideration for the top newsroom job over the paper’s strategy,” Axios reports.

“If you ask many a Wall Street investor, tax cuts are poised for extension, deregulation is all but guaranteed, immigration reform for high-skill workers has real potential and President-elect Donald Trump’s Department of Government Efficiency might just cut the deficit,” the New York Times reports. “Tariffs, by contrast, are a mere bargaining chip.

Punchbowl News: “Federal agencies run out of money at midnight on Friday night, and as of now, there’s no text available for a funding bill needed to avert a shutdown.”

Forget handwritten notes to Santa: Today’s wish lists take the form of Canva presentations and PowerPoint slides. Do you still make a holiday wish list? For those past the Santa Claus phase but still spending the holidays in their childhood bedroom, this debate divides families. Some swear by detailed lists with links and item specs, while others toss out vague suggestions like “socks” or leave what they find under the tree entirely to fate.