Howard Lutnick, the billionaire financial executive named by President Trump to head the Commerce Department, has agreed to divest his holdings in a range of business interests, including stepping down from his longstanding position as head of the brokerage and investment bank Cantor Fitzgerald. Lutnick also agreed to step down from his position with the
The Centers for Disease Control and Prevention appears to be operating without an acting director, multiple health officials confirm to CBS News, leaving the agency responsible for defending the U.S. against emerging pandemics and responding to health emergencies without a clear chain of command. A leadership vacuum atop the CDC is unprecedented. Under previous administrations,
At weddings, bar mitzvahs and work dinners, it’s commonplace to see guests fiddling with the seating arrangements. It also happened Sunday night at a formal dinner for GOP megadonors, Cabinet nominees, top political leaders, and senior White House staff. “A lot of people got screwed up on the name cards. A lot of big people,”
President Trump announces major private-sector AI infrastructure investment President Trump announces major private-sector AI infrastructure investment 00:56 When President Trump announced the new $500 billion Stargate AI venture from OpenAI, Softbank and Oracle on Tuesday, he promised it would ensure “the future of technology” in the U.S. So far, Wall Street appears to agree, with
The Department of Homeland Security has terminated its advisory committees, wiping out decades of institutional experience and abruptly ending a sweeping investigation into the Chinese-linked hack of U.S. telecom companies, sources familiar with the move confirmed to CBS News. According to a memo signed by Acting DHS Secretary Benjamine C. Huffman, and obtained by CBS
Washington — President Trump’s order issuing sweeping pardons to defendants convicted of crimes stemming from the Jan. 6, 2021, attack on the U.S. Capitol has been met with sharp condemnations from federal judges in Washington, D.C., who presided over the cases and are now dismissing charges at the request of federal prosecutors in the new
Washington — The House approved the Laken Riley Act on Wednesday, signing off on the Senate’s changes to the legislation aimed at expanding the federal government’s mandate to detain immigrants who are in the country illegally. The House passed the legislation in a 263 to 156 vote. It now heads to President Trump’s desk, where