Trump needs to hold Musk to ethics standards

The Coming War Against Elon Musk (...and why his fight is your fight)

Trump's Crypto Pick Could Outshine Bitcoin

In Today's News A Tech That Could Pay You $30K a Year? Elon Musk's New Crazy Idea [adv] MicroStrategy's Nasdaq-100 entry attracts nearly $11 million of retail inflows (Reuters) - Retail investors poured nearly $11 million into MicroStrategy's shares on Monday, almost three times their average daily inflows this year, after the biggest corporate holder of bitcoin secured a spot in the Nasdaq-100 index.The data, compiled by Vanda Research on Tuesday, highlights the bitco .... Read More >> Trump's Crypto Pick Could Outshine Bitcoin [sponsor] Bitcoin hit record highs after Trump's win, but crypto expert Juan Villaverde says a lesser-known coin tied to Trump's "Project Crypto" could soar even higher. Predicting Bitcoin could hit $150K by 2025, Villaverde sees this coin thriving in America's new crypto boom. Discover the coin poised to dominate the next bull market! US targets North Korean money laundering network with sanctions The U.S. Treasury Department said in a statement that the two people hit with sanctions worked through a UAE-based front company to facilitate money laundering and cryptocurrency conversion services that funneled the illicit proceeds back to Pyongyang.North Korea's mission to the United Nations didn't immedia .... Read More >> $90 billion Industry is about to Emerge from Nowhere and Hedge Funds are Lining Up [sponsor] Discover why 77 hedge funds are scooping up shares within this little known industry and ...why you should know this company that recently IPO'd! Uncover this 'hidden' industry and the company making waves. FEATURED ARTICLE US Senator Warren says Trump needs to hold Musk to ethics standards U.S. Senator Elizabeth Warren has asked Donald Trump’s transition team to hold Elon Musk to the same ethics standards as other transition members, putting oversight of the unusually powerful presidential adviser in the spotlight.     The billionaire CEO of Tesla and rocket company SpaceX, as well as the owner of social media platform X, has had an increasingly close relationship with Republican Trump since he endorsed him in July. Musk spent over a quarter billion dollars to help elect Trump, and also owns interests in cryptocurrency and other ventures. “Mr. Musk’s substantial private interests present a massive conflict of interest with the role he has taken on as your ‘unofficial co-president,'” Warren said in a letter to the Trump transition team made public by her office on Tuesday. “Currently, the American public has no way of knowing whether the advice that he is whispering to you in secret is good for the country – or merely good for his own bottom line.” (cont. below) The Coming War Against Elon Musk (...and why his fight is your fight) [sponsor] The man behind the most revolutionary inventions in modern history has been openly talking about a $500 billion energy grid that the U.S. government has kept hidden for 40 years. In doing so, he's helped unleash an opportunity that could create trillions of dollars in new wealth for everyday Americans. Watch now.    Musk’s role as the co-chair of a newly created Trump advisory body that is not part of the U.S. government, the “Department of Government Efficiency,” means that he is not a government employee, Warren noted, “but the conflicts he faces are enormous and the need for him to be subject to similar ethics standards is obvious.”  The Trump transition team had no immediate comment.  Asked about Musk’s potential conflicts, Trump told Time magazine in an interview published on Dec. 12: “I think that Elon puts the country long before his company.” Past presidents have often enlisted industrialists for efficiency commissions, Danielle Brian, executive director of the watchdog Project on Government Oversight, told Reuters.  A key difference in this case is the industries Musk is invested in are in their early stages, Brian said, meaning decisions made by regulators whom Trump appoints are potentially going to transform the sectors they are in, and could put Musk’s specific companies at an advantage.           Trump’s transition team issued an ethics pledge in November that promises members “will avoid both actual and apparent conflicts of interest,” and that they “may not participate in any particular Transition matter which to their knowledge may directly conflict with a financial interest of theirs … or other individual or organization with which they have a business or close personal relationship.” (cont. below) Billionaires Scrambling for These Stocks [sponsor] Billionaires and other rich investors have been hoarding shares of certain stocks in the market. These stocks are poised to spring up upward because of a once-every-25-years event. This will happen no matter who wins the Presidential Election... And wealthy investors are already positioning themselves to profit from it. Click here to see proof that this historic stock market shift is coming. Musk’s task force aims for a sweeping overhaul of the U.S. government, which spent $6.8 trillion in the most recent fiscal year, and has threatened to fire thousands of government workers.    Among other regulatory changes, the Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Musk’s electric vehicle company, Tesla, Reuters reported last week.  Walter Shaub, the former director of the Office of Government Ethics, told Reuters that he felt Musk’s role could endanger national security and public safety. The OGE is tasked with overseeing ethics standards in the executive branch. Shaub resigned in July 2017, months before his term was supposed to end, after clashes with Trump’s first administration. “Taxpayers should lament their money going to serve Musk’s interests instead of the interests of the American people,” he said.  .... Read More >> OTHER HEADLINES Tesla castigates German union over attempt to oust works council head IG Metall, Germany's most powerful union, said earlier it had filed a motion with a local court to remove the plant's works council head - who is not a member of the union - from the committee.The union cited violations to German labour law restricting IG Metall's influence and preventing it from properly rep .... Read More >> AI startup Databricks hits $62 billion valuation in record VC round (Reuters) -Databricks has secured a $62 billion valuation after raising $10 billion in one of the largest venture capital funding rounds in history, underscoring the unprecedented appetite for AI-focused startups.The round, led by Joshua Kushner's Thrive Capital, drew commitments from elite investors includin .... Read More >> Shocking Pattern on NVDA, CAVA & CAVA revealed  [sponsor] According to a legendary systems expert, the pattern in question almost always precedes an explosive move in certain stocks... See the live demonstration before these moves begin. Click here now. Analysis-2024 the 'year of the bond' as record inflows top $600 billion LONDON (Reuters) - Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025.Dwindling inflation has finally allowed central banks to lower interest rates, pushing investors to lock in the relatively h .... Read More >> Man who picked 27 "ten-baggers" now makes shocking new prediction... [sponsor] Across his storied career, Matt McCall has picked 27 stocks that have skyrocketed over 1,000%. Now, his next pick could blow every one of those out of the water. Because Matt's next prediction is all about the convergence of the two biggest tech trends we've ever seen. As these tech trends collide, $24 trillion hangs in the balance. Click here to see how to get in position today. Lamborghini delays first EV launch to 2029 as market not ready SANT'AGATA BOLOGNESE, Italy (Reuters) - Italy's Lamborghini will always make cars in Italy as it plans to launch its first electric model only in 2029, amid a market for luxury sports cars which is not ripe for full electrification, CEO Stephan Winkelmann said on Monday.Lamborghini, a unit of Volkswagen, .... Read More >> Why December 18th Will Impact Stocks More Than The Election [sponsor] (This happens only once every 25 years.) A man from a completely different government branch is going to stand up, say a few words... ...and make history in the stock market. This event comes along only every 25 years... And experts are already positioning themselves to profit from it. Click here for the full story. Paramount's $8.4 billion Skydance merger faces FCC challenge by Center for American Rights China's Tencent Holdings' investment in Skydance sparks concerns about foreign influence on U.S. media, the firm said.The group also said Paramount's CBS News division "has a troubling track record of ideological bias and news manipulation" and the CBS Television division has shown "racial discrimination in h .... Read More >> Find Out Which AI Stocks Could Soar Under Trump [sponsor] The AI boom is just beginning, yet most investors are focusing on a few large-cap names. But the real opportunities are in companies applying AI to transform industries-and they're still flying under the radar. Luke Lango's new report reveals 7 stocks that could deliver big returns, especially with Trump's policies in their favor. Get your free report now. Sponsored Content  Sell NVDA Now? Warning For Nvidia Holders Is this the pin that pops AI bubble? Does Your Portfolio Depend on the 2024 Election? 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