
EAST LANSING, Mich. — The sight was a common one for Andrew Kolpacki. For many a Sunday, he would watch NFL games on TV and see quarterbacks putting their hands on their helmets, desperately trying to hear the play call from the sideline or booth as tens of thousands of fans screamed at the tops of their lungs. When the NCAA's playing rules oversight committee this past spring approved the use of coach-to-player helmet communications in games for the 2024 season, Kolpacki, Michigan State's head football equipment manager, knew the Spartans' QBs and linebackers were going to have a problem. "There had to be some sort of solution," he said. As it turns out, there was. And it was right across the street. Kolpacki reached out to Tamara Reid Bush, a mechanical engineering professor who not only heads the school's Biomechanical Design Research Laboratory but also is a football season ticket-holder. Kolpacki "showed me some photos and said that other teams had just put duct tape inside the (earhole), and he asked me, 'Do you think we can do anything better than duct tape,?" Bush said. "And I said, 'Oh, absolutely.'" Bush and Rylie DuBois, a sophomore biosystems engineering major and undergraduate research assistant at the lab, set out to produce earhole inserts made from polylactic acid, a bio-based plastic, using a 3D printer. Part of the challenge was accounting for the earhole sizes and shapes that vary depending on helmet style. Once the season got underway with a Friday night home game against Florida Atlantic on Aug. 30, the helmets of starting quarterback Aidan Chiles and linebacker Jordan Turner were outfitted with the inserts, which helped mitigate crowd noise. DuBois attended the game, sitting in the student section. "I felt such a strong sense of accomplishment and pride," DuBois said. "And I told all my friends around me about how I designed what they were wearing on the field." All told, Bush and DuBois have produced around 180 sets of the inserts, a number that grew in part due to the variety of helmet designs and colors that are available to be worn by Spartan players any given Saturday. Plus, the engineering folks have been fine-tuning their design throughout the season. Dozens of Bowl Subdivision programs are doing something similar. In many cases, they're getting 3D-printed earhole covers from XO Armor Technologies, which provides on-site, on-demand 3D printing of athletic wearables. The Auburn, Alabama-based company has donated its version of the earhole covers to the equipment managers of programs ranging from Georgia and Clemson to Boise State and Arizona State in the hope the schools would consider doing business with XO Armor in the future, said Jeff Klosterman, vice president of business development. XO Armor first was approached by the Houston Texans at the end of last season about creating something to assist quarterback C.J. Stroud in better hearing play calls delivered to his helmet during road games. XO Armor worked on a solution and had completed one when it received another inquiry: Ohio State, which had heard Michigan State was moving forward with helmet inserts, wondered if XO Armor had anything in the works. "We kind of just did this as a one-off favor to the Texans and honestly didn't forecast it becoming our viral moment in college football," Klosterman said. "We've now got about 60 teams across college football and the NFL wearing our sound-deadening earhole covers every weekend." The rules state that only one player for each team is permitted to be in communication with coaches while on the field. For the Spartans, it's typically Chiles on offense and Turner on defense. Turner prefers to have an insert in both earholes, but Chiles has asked that the insert be used in only one on his helmet. Chiles "likes to be able to feel like he has some sort of outward exposure," Kolpacki said. Exposure is something the sophomore signal-caller from Long Beach, California, had in away games against Michigan and Oregon this season. Michigan Stadium welcomed 110,000-plus fans for the Oct. 26 matchup between the in-state rivals. And while just under 60,000 packed Autzen Stadium in Eugene, Oregon, for the Ducks' 31-10 win over Michigan State three weeks earlier, it was plenty loud. "The Big Ten has some pretty impressive venues," Kolpacki said. "It can be just deafening," he said. "That's what those fans are there for is to create havoc and make it difficult for coaches to get a play call off." Something that is a bit easier to handle thanks to Bush and her team. She called the inserts a "win-win-win" for everyone. "It's exciting for me to work with athletics and the football team," she said. "I think it's really exciting for our students as well to take what they've learned and develop and design something and see it being used and executed." Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Be the first to know Get local news delivered to your inbox!New Delhi, Dec. 26, 2024 (GLOBE NEWSWIRE) -- The global baby cribs and cots market was valued at US$ 1,789 million in 2024 and is projected to reach US$ 3,027.61 million by 2033 at a CAGR of 6.02% during the forecast period 2025–2033. The international baby cribs and cots landscape thrives on steady demand, propelled in part by an estimated 135 million global births each year. This sector has witnessed the introduction of over 90 new crib product lines during the first half of 2023 alone, underscoring a consistent drive toward innovation. Parents in the baby cribs and cots market increasingly seek more than conventional designs, prompting over 500 patent filings worldwide for multifunctional or smart-enabled cribs. In addition, at least 3 global certifications address reduced chemical usage and structural robustness, providing trusted standards for quality-conscious buyers. E-commerce expansion has widened consumer access, with certain online platforms showcasing more than 2,000 distinct crib models to cater to varied style preferences. Download Free Sample Copy: https://www.astuteanalytica.com/request-sample/baby-cribs-and-cots-market Changes in parental mindset present significant opportunities for manufacturers and retailers. Studies show that families, on average, keep a standard crib for about 4 years, emphasizing the need for products built to last. Growing environmental awareness further shapes purchasing decisions in the baby cribs and cots market, and at least 70 international brands are now marketing cribs crafted from sustainably sourced wood or recycled components. In regions with extended family units, such as parts of Asia and Latin America, there is a noticeable uptick in portable and foldable designs; close to 40 known brands unveiled lightweight options in 2023. Adding to this, 10 major health organizations have refined guidelines that underline child welfare, raising the bar for product reliability and safety. Regarding distribution channels, specialty baby shops in city centers typically feature an average of 25 crib models per store, reflecting a diverse product range. Online marketplaces also maintain strong momentum, aided by transparent third-party audits and authentic user reviews that foster consumer trust. Designers across the global baby cribs and cots market continue to refine convertible elements, integrated storage, and child-monitoring functionalities—features that resonate with apartment dwellers and eco-sensitive parents alike. The proliferation of prototypes featuring built-in sensors for sleep tracking further illustrates how advanced consumer expectations translate into substantial market openings. Altogether, this expanding awareness of safety, sustainability, and adaptability signals a promising future for players within the baby crib and cot segment. Key Findings in Baby Cribs and Cots Market Increasing focus on child safety and health in modern parenting decisions Elevated consumer preference for eco-friendly materials and sustainable manufacturing processes Expanding middle-class demographics worldwide driving enhanced spending on infant products Growing adoption of convertible and multifunctional baby cribs among urban households Rising influence of online product reviews impacting purchasing choices for parents Integration of smart sensors and connectivity features within advanced crib designs Safety compliance variations across global regions complicating standardization of crib guidelines Rising raw material costs causing pricing pressures for manufacturers and retailers Competition from low-cost alternatives discouraging premium crib investments in certain markets Growth Opportunities for Standard Cribs in the Baby Cribs and Cots Market to Remain More Lucrative, Set to Capture of 55% Market Share Rising consumer preference for minimalistic yet robust baby furniture is creating new growth opportunities for standard cribs. Over 3,200 small-scale manufacturers globally have begun tapping into the standard crib segment, reflecting escalating demand across urban and suburban markets. Furthermore, nearly 2,500 specialized baby product expos worldwide featured standard cribs this year, enhancing brand visibility and consumer education. As parents increasingly seek products that combine practicality with safety, standard cribs are poised to evolve with fresh design enhancements and eco-friendly materials. Beyond the retail landscape in the baby cribs and cots market, there is significant potential for online channels to amplify standard crib sales, as more e-commerce platforms streamline shipping and assembly-support services. Major home décor and baby-focused websites now feature over 1,000 customer videos demonstrating easy crib setup and maintenance, helping prospective buyers make informed decisions. The versatility of standard cribs, particularly their compatibility with a wide range of bedding and accessories, further widens their appeal. With some high-end retailers introducing limited-edition collections priced above US$600, the premium segment also offers untapped possibilities for increased margins. In this market climate, capitalizing on straightforward assembly, adaptable styling, and continuous safety certifications will bolster the expansion of standard cribs, making them a strategic focus for emerging and established manufacturers alike. By Material: Expanding Growth Horizons for Wooden Baby Cribs in Tomorrow’s Ever-Evolving Global Family Ecosystem Wooden baby cribs with over 65% market share are positioned to capture an even broader demand in the baby cribs and cots market as environmental awareness and premium aesthetics gain traction among new parents. Nearly 3,500 small-and-medium enterprises worldwide have begun integrating responsibly sourced wood in their product lines to meet evolving consumer demands. In 2023, the global market value for wooden baby furniture exceeded US$2.1 billion, driven by expanded offerings from top-tier brands and bespoke manufacturers. Over 1,500 online marketplaces have introduced dedicated “eco-friendly nursery” sections, with wooden cribs often featured as flagship items. These developments underline the potential for brands to differentiate themselves through sustainable materials, ergonomic designs, and child-safe finishes. Further, technological improvements are opening additional avenues for growth for the segment in the baby cribs and cots market, with design software enabling customizable, space-saving crib solutions. Research institutions worldwide have released findings supporting the use of natural wood in nursery settings, citing benefits for indoor air quality and child wellbeing. Luxury retailers have also identified a promising niche, with specialty wooden cribs priced above US$800 gaining popularity among affluent customers seeking exclusive craftsmanship. Meanwhile, digital influencers and parenting forums have collectively posted over 4,000 testimonials in 2023 alone, frequently highlighting wooden crib longevity and timeless style. As consumers continue to prioritize eco-conscious values and high-quality design, wooden baby cribs present an attractive growth opportunity for emerging brands and established manufacturers. Request Free Customization of this report: https://www.astuteanalytica.com/ask-for-customization/baby-cribs-and-cots-market By Sales Channel: Maximizing Growth Prospects in Offline Retail Channels for Baby Cribs and Cots Worldwide Offline retail channels continue to present untapped potential for both established and emerging baby furniture brands seeking to expand their reach. With over 18,000 independent baby shops conducting community-focused events in 2023, manufacturers in the baby cribs and cots market can harness local trust and word-of-mouth promotion to secure brand loyalty. Innovative in-store experiences, such as personalized nursery consultations, are proving effective in driving customer interest, with more than 1,000 interactive demonstrations reported at regional baby expos this year. Meanwhile, major offline retailers plan to diversify floor space by adding at least 700 additional crib designs in the coming months, providing greater variety for discerning shoppers. By capitalizing on these experiential enhancements, businesses can convert one-time visitors into repeat customers. Moreover, there are substantial possibilities for blending digital tools with physical retail spaces. Over 2,500 brick-and-mortar outlets worldwide have introduced augmented reality stations in 2023, enabling parents to visualize crib setups in their homes before finalizing a purchase. Enhanced loyalty programs further encourage returns, with some regional retailers in the baby cribs and cots market offering up to US$200 in store credit for baby furniture upgrades. Additionally, large-scale superstores have expressed interest in hosting specialized parenting workshops, featuring top-selling crib brands and real-time assembly tutorials. Through creative in-store marketing and strategic collaborations, companies can unlock further growth, ensuring offline channels remain a powerful force in the baby cribs and cots market. Global Baby Cribs and Cots Market Key Players: Arms Reach Concepts Artsana S.p.A. Baby Trend Inc. Britax Childcare Holdings Ltd. Chicco Delta Children DaVinci Baby Fisher-Price Inc. Graco Children's Products Inc. Johnson & Johnson Kimberly-Clark Corporation Koninklijke Philips N.V. Mead Johnson & Company LLC Munchkin Inc. Nestle S.A Newell Brands Inc. Pigeon Corporation Procter & Gamble Co. Summer Infant Inc. Storkcraft The Honest Company Inc. Unicharm Corporation Key Segmentation: By Type Standard Convertible Others By Material Wood Metal Plastic Others By Distribution Channel Offline Online By Region North America Europe Asia Pacific Middle East & Africa South America Inquire more about this report before purchase: https://www.astuteanalytica.com/inquire-before-purchase/baby-cribs-and-cots-market About Astute Analytica Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us. Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@astuteanalytica.com Website: https://www.astuteanalytica.com/ LinkedIn | Twitter | YouTubeJubilation and gunfire as Syrians celebrate the end of the Assad family's half-century rule
NATO and Ukraine to hold emergency talks after Russian attack with hypersonic missileColorado two-way star Travis Hunter plans to turn pro and prefers to continue a dual role, playing wide receiver and cornerback in the NFL. Hunter could be the No. 1 pick in the 2025 NFL Draft and is the favorite for the Heisman Trophy. Speculation about his future quieted as he gained notoriety by the week this season. Field Level Media projects Hunter as a top-three pick in the draft, and he confirmed Thursday this will be his last season at the college level. "That's definitely for sure," Hunter said on a conference call with reporters. Hunter is consistently playing between 100 and 125 snaps per game for Colorado. He has three interceptions on defense with 74 receptions, 911 yards and nine touchdowns playing wideout for quarterback Shedeur Sanders. Also a projected early first-round pick, Sanders committed to play in the East-West Shrine Game in Dallas. The son of Colorado head coach and Hall of Fame cornerback Deion Sanders, Shedeur Sanders said Thursday he would cast a Heisman vote for Hunter. "If it's between me and him, I would want him to get it," Sanders said. "He does a lot of amazing things and things that haven't been done before. I'm not a selfish guy. I know what he's capable of, so I would rather him win." Hunter said he would invite his QB to New York if he's not named a Heisman finalist before they go about the business of finishing the season, possibly in the 12-team College Football Playoff. Shedeur Sanders said he's the best quarterback in the draft, and doesn't believe that's anything new. "I feel like I was the best quarterback in the last draft, too," said Shedeur Sanders. "Ever since I was draft eligible, I knew I'm the best quarterback. It's not up for me to prove myself to talking about why." Former teammates at Jackson State where Deion Sanders also coached, Hunter said he felt his draft stock began to rise only after critics moved past "the hate" for his coach. A flashy, charismatic cornerback in the NFL after starring at Florida State, Deion Sanders was the fifth overall pick in the 1989 NFL Draft by the Atlanta Falcons. Hall of Famers Troy Aikman (first, Cowboys), Barry Sanders (third, Lions) and Derrick Thomas (fourth, Chiefs) were chosen ahead of "Prime Time" along with offensive tackle Tony Mandarich (second, Packers). Hunter has picked the brain of Deion Sanders about a dual role in pro sports. Sanders was used selectively as a wide receiver and returned punts but was primarily a cornerback in addition to playing Major League Baseball. There's no base-stealing in Hunter's future, but he does believe he can push the envelope as a full-time two-way NFL player. "It's never been done," Hunter said. "I understand that it will be a high risk, (teams) don't want their top pick to go down too early, and I know they're going to want me to be in a couple packages. But I believe I can do it. Nobody has stopped me from doing it thus far. I like when people tell me I can't do it." --Field Level Media
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The Windup Newsletter ⚾ | This is The Athletic’s daily MLB newsletter. Sign up here to receive The Windup directly in your inbox. Yusei Kikuchi is the latest ingredient in whatever the Angels are cooking up in Anaheim. Plus: Ken on the Braves’ payroll situation, the Royals solved a big problem and the time for robot umpires is very nigh. I’m Levi Weaver , here with Ken Rosenthal . Welcome to The Windup! Say what you will about the Angels (and I certainly have), but they’re having the most interesting offseason in baseball so far. Early this morning, news broke that they’re signing LHP Yusei Kikuchi to a three-year deal worth $63 million. He was ranked No. 14 on our Free Agent Big Board . The 33-year-old was brilliant last year after being traded to the Astros , going 5-1 with a 2.70 ERA in 10 games down the stretch to help Houston clinch another division title. If that’s the pitcher the Angels are signing, it’s a big move. Advertisement But he had also been 4-9 with a 4.75 ERA in Toronto before the trade. 2021 (All-Star), 2022 (not great) and 2023 (very good) were also exercises in the margins. There’s always risk in signing pitchers, but I’ll give the Angels credit for this: They’re definitely trying something here. Consider these other moves from the Angels this offseason: The average age of these six acquisitions: 32.5 years old. But the Angels do have a core of young players, including Logan O’Hoppe (24), Nolan Schanuel (22) and Neto (23). There’s a world in which this offseason functions for Anaheim the way last year’s winter established some support beams around Bobby Witt Jr. and others. There’s also a world in which this breaks bad. But let’s see what else the Angels do. From my latest notes column : In years past, the Atlanta Braves might have offered Ramón Laureano a contract, even if it meant overpaying him by a million or two. But on Friday, the Braves parted with Laureano rather than offer him a one-year deal in arbitration — a move that, for a team already short on outfielders, came as somewhat of a surprise. Actually, the decision not to pay Laureano a projected salary in the $6 million range was consistent with how the Braves have operated all offseason. The team faces a considerable amount of uncertainty, from left-hander Max Fried and righty Charlie Morton possibly departing to righty Spencer Strider and right fielder Ronald Acuña Jr. starting the season on the injured list to setup man Joe Jiménez potentially missing the entire year. President of baseball operations Alex Anthopoulos is trying to save wherever he can. While the Braves’ cash payroll might end up higher than it was last season, the team might be inclined to stay under the luxury-tax threshold after exceeding it the past two years. The threshold for 2025 is $241 million. The Braves, according to Fangraphs , are currently at $217 million. Consider Anthopoulos’ moves thus far: Laureano, released by the Cleveland Guardians on May 25, hit 10 home runs and had an .832 OPS in 226 plate appearances after joining the Braves. After Acuña, the only outfielders on the Braves’ 40-man roster are Michael Harris II , Jared Kelenic, Eli White , Luke Williams and the newly signed Carlos D. Rodriguez — not exactly a stellar group. But the free-agent class is deep in outfielders who might offer comparable production to Laureano at a lower price. Advertisement The Braves’ preference is for a left-handed hitter. But if the better fit is right-handed, so be it. The market includes numerous options beyond the four outfielders expected to command the biggest contracts (Juan Soto, Anthony Santander, Teoscar Hernández and Jurickson Profar). With Acuña expected to return a month or two into the season, the Braves need not shop at the high end. Anthopoulos typically addresses his offseason needs quickly. He figures to be aggressive in the starting-pitching market and possibly the relief market, too. But with the outfielders, he need not rush. The secondary options likely will need to wait for Soto and Co. to come off the board. And given the number that are available, bargains should eventually emerge. More here . Someone check on Kirk Herbstreit . On Friday, a year and a half after that interaction, Jonathan India — along with outfielder Joey Wiemer — was traded to the Kansas City Royals for RHP Brady Singer. As Keith Law points out , the calculus is pretty easy to suss out: The Reds needed a starting pitcher, and they had run out of at-bats to give India. Problem solved, I suppose. But man, I really like this trade for the Royals, for one reason in particular. Kansas City, as a team, got a .228 batting average ( 27th of 30 teams ) and a .270 on-base percentage (30th) from their leadoff hitters last year. India hit .236/.353/.384 (.737 OPS) from the leadoff spot. That’s not a huge improvement in batting average, but that’s more than 80 points better in the OBP column. Why is that a big deal? Because — as you might recall — Bobby Witt Jr. hits second in the Royals’ lineup. Fifty-six of his 82 career home runs have been solo shots, including 23 of his 32 last year (and 12 of his last 13). That’s to say nothing of Witt’s 11 triples and 45 doubles (for what it’s worth, India also stole 13 bases last year, and hit 28 doubles and two triples). Advertisement Defensively, the 27-year-old India has only played second base, and incumbent Michael Massey ’s .743 OPS was fourth-best on the team last year. Does one of them shift over to third base? Outfield? Kansas City will have to figure that out. But even as they authored a remarkable turnaround in 2024, the Royals lacked a table-setter ahead of Witt. India certainly seems to fit that bill. We’ve known this was on the horizon — this Evan Drellich article is from July 16 — but now we have a more firm date: MLB will test out its “ABS” (automated ball-strike) technology at select spring training parks in 2025. There have been a couple iterations of the system in the minor leagues. One had the umpires using it for every pitch, another gave teams two or three challenges per game. MLB teams will use the latter system in spring training. How it works: If a player believes that the umpire has missed a ball or strike call, they tap their head to signal a challenge. If they’re correct, the team maintains its challenge; if not, it loses it. For fans who view replay as a bothersome interruption: rest easy — while out-safe and other review calls are currently reviewed by a team of umpires looking at slow-motion video to determine the right call, ABS is pretty straightforward: Did the tracker have the ball in the zone or not? The entire process takes maybe 10 seconds. The big implication: If it goes well, there’s a chance that this system could find its way into regular-season MLB games as early as 2026. As expected, both Aaron Judge and Shohei Ohtani were unanimous MVPs. It’s Ohtani’s third award (his first in the NL) and Judge’s second . The non-tender deadline was last week. Our team has a list of seven intriguing players who are now free agents as a result. The Yankees are pursuing Juan Soto, obviously. But Brendan Kuty says there should be some limitations to their pursuit. Advertisement After a decade in the Giants org, Alyssa Nakken — the first woman to coach on the field in a regular-season MLB game — is moving to a player development role with the Guardians. Jayson Stark answered a lot of your questions about this year’s Hall of Fame class. A handshake agreement with the Dodgers ? Roki Sasaki’s agent says that’s not the case . 📫 Love The Windup? Check out The Athletic ’s other newsletters . (Top photo: Tim Warner / Getty Images )Lenexa, KS, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today announced it received a delinquency notification letter from Nasdaq on November 25, 2024, which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Quarterly Report”). The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). This notification has no immediate effect on the listing of the Company’s securities on Nasdaq. Nasdaq has informed the Company that it must submit a plan to regain compliance with respect to the filing requirement by January 24, 2025. If the plan is accepted, Nasdaq can grant an exception of up to 180 calendar dates from the due date of the initial delinquent filing for the period ended September 30, 2024, or until May 19, 2025, to regain compliance. The Company is working diligently to file the Quarterly Report as promptly as practical, and expects to return to a normal filing cadence in 2025. About Digital Ally Digital Ally Companies (NASDAQ: DGLY) through its subsidiaries, is engaged in video solution technology, human & animal health protection products, healthcare revenue cycle management, ticket brokering and marketing, event production and jet chartering. Digital Ally continues to add organizations that demonstrate the common traits of positive earnings, growth potential, innovation and organizational synergies. For additional news and information please visit www.digitalally.com Forward-Looking Statements Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management’s current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of today’s date. All statements other than statements of historical fact are forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s performance or achievements to be materially different from any expected future results, performance, or achievements. Forward-looking statements speak only as of the date they are made and the Company assumes no duty to update forward-looking statements, except as required by law. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the Company, including, but not limited to, the risks described from time to time in the Company’s periodic filings with the SEC, including, without limitation, the risks described in the Company’s 2023 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the quarterly periods ended March 31, 2024 and June 30, 2024 under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and the Company undertakes no duty to update this information. Contact Information Stanton Ross, CEO Tom Heckman, CFO Digital Ally, Inc. 913-814-7774 info@digitalallyinc.com
A man threatened to burn down his mother's Lavington house if she didn't withdraw allegations that led to his girlfriend being charged. or signup to continue reading Jarrod Scott Heather had phoned in his threat, then soon afterwards knocked on the front door of his parents' home and yelled to be let in. They refused, so the Lavington man - who has been in jail, bail refused, since his arrest on August 31 - walked around the house and entered through the back door. The couple were terrified of what Heather might do, so they fled out the front door. That and an incident that happened the same night have led to Heather being jailed for 18 months. Over the first incident, Heather, 31, pleaded guilty to threatening a person with the intention of interfering with a witness and contravention of an apprehended violence order. He also pleaded guilty to intimidation and destroy or damage property over his later behaviour. Albury Local Court was told how Heather was living with his parents at the time. He had been released from custody at the Albury police station that August day at 3.36am. A short time later, he made the phone call to his mother with the demand that she "drop the charges". When his parents left their house, Heather locked the door behind them. The police arrived and looked through the house but couldn't find Heather, who was then discovered sitting in a car in the driveway of a nearby residence. At 11.30pm, his father - who was in court to witness his son's sentencing - was at home when Heather returned. He was removing items from the house that belonged to Heather's girlfriend as she was "no longer welcome" at the address. Heather argued with his father and tried to take some of the items back inside, threatening "I'll bash you". He then walked into the kitchen and grabbed a knife with a 20-centimetre blade from a knife block, which he knocked over and on to the floor. As he did so, his father fled and called triple zero on his mobile phone from the front yard. Heather remained in the house, using the knife to stab and puncture the screen door up to eight times just as police on patrol were driving past. "The victim explained that accused [was] threatening him with the knife," police said. At first, Heather couldn't be found but was soon arrested as he walked across Olive Street in Albury. He denied being at his parents' home, though also claimed he was heading to the station to hand himself in. "[Heather] appeared to be under the influence of illicit drugs." He declined to be interviewed, then fell asleep as he was talking to police. Magistrate Melissa Humphreys set a non-parole period of 10 months, making Heather eligible for release on June 30, 2025. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. 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DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementWASHINGTON — Federal prosecutors moved Monday to dismiss the criminal charges against President-elect Donald Trump that accused him of plotting to overturn the 2020 election and to abandon the classified documents case against him, citing longstanding Justice Department policy that says sitting presidents cannot face criminal prosecution. The decision by special counsel Jack Smith, who had fiercely sought to hold Trump criminally accountable for his efforts to subvert the 2020 election, represented the end of the federal effort against the former president following his election victory this month despite the election-related cases and multiple other unrelated criminal charges against him and is headed back to the White House. FILE - Special counsel Jack Smith speaks to the media about an indictment of former President Donald Trump, Aug. 1, 2023, at an office of the Department of Justice in Washington. (AP Photo/J. Scott Applewhite, File) J. Scott Applewhite The decision, revealed in court filings, also amounts to a predictable but nonetheless stunning conclusion to criminal cases that had been seen as the most perilous of the multiple legal threats Trump has faced. It reflects the practical consequences of Trump’s victory, ensuring he enters office free from scrutiny over his hoarding of top secret documents and his efforts to overturn the 2020 presidential election he lost to Democrat Joe Biden. Smith’s team emphasized that the move to abandon the prosecutions, in federal courts in Washington and Florida, was not a reflection of their view on the merits of the cases but rather a reflection of their commitment to longstanding department policy. “That prohibition is categorical and does not turn on the gravity of the crimes charged, the strength of the Government’s proof, or the merits of the prosecution, which the Government stands fully behind,” the prosecutors wrote in Monday’s court filing in the election interference case. The decision was expected after Smith's team began assessing how to wind down both the 2020 election interference case and the separate classified documents case in the wake of Trump's victory over Vice President Kamala Harris. The Justice Department believes Trump can no longer be tried in accordance with longstanding policy that says sitting presidents cannot be prosecuted. Listen now and subscribe: Apple Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts Trump has cast both cases as politically motivated, and had vowed to fire Smith as soon as he takes office in January. President-elect Donald Trump arrives before the launch of the sixth test flight of the SpaceX Starship rocket Tuesday, Nov. 19, 2024 in Boca Chica, Texas. (Brandon Bell/Pool via AP) Brandon Bell The 2020 election case brought last year was once seen as one of the most serious legal threats facing the Republican as he vied to reclaim the White House. But it quickly stalled amid legal fighting over Trump’s sweeping claims of immunity from prosecution for acts he took while in the White House. The U.S. Supreme Court in July ruled for the first time that former presidents have broad immunity from prosecution, and sent the case back to U.S. District Judge Tanya Chutkan to determine which allegations in the indictment, if any, could proceed to trial. The case was just beginning to pick up steam again in the trial court in the weeks leading up to this year’s election. Smith’s team in October filed a lengthy brief laying out new evidence they planned to use against him at trial, accusing him of using “resorting to crimes” in an increasingly desperate effort to overturn the will of voters after he lost to Biden. ___ Among President-elect Donald Trump's picks are Susie Wiles for chief of staff, Florida Sen. Marco Rubio for secretary of state, former Democratic House member Tulsi Gabbard for director of national intelligence and Florida Rep. Matt Gaetz for attorney general. Evan Vucci, Associated Press Susie Wiles, 67, was a senior adviser to Trump's 2024 presidential campaign and its de facto manager. Evan Vucci, Associated Press Trump named Florida Sen. Marco Rubio to be secretary of state, making a former sharp critic his choice to be the new administration's top diplomat. Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump's running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. “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 of Rubio in a statement. The announcement punctuates the hard pivot Rubio has made with Trump, whom the senator called a “con man" during his unsuccessful campaign for the 2016 GOP presidential nomination. Their relationship improved dramatically while Trump was in the White House. And as Trump campaigned for the presidency a third time, Rubio cheered his proposals. For instance, Rubio, who more than a decade ago helped craft immigration legislation that included a path to citizenship for people in the U.S. illegally, now supports Trump's plan to use the U.S. military for mass deportations. Wilfredo Lee, Associated Press Pete Hegseth, 44, is a co-host of Fox News Channel’s “Fox & Friends Weekend” and has been a contributor with the network since 2014, where he developed a friendship with Trump, who made regular appearances on the show. Hegseth lacks senior military or national security experience. If confirmed by the Senate, he would inherit the top job during a series of global crises — ranging from Russia’s war in Ukraine and the ongoing attacks in the Middle East by Iranian proxies to the push for a cease-fire between Israel, Hamas and Hezbollah and escalating worries about the growing alliance between Russia and North Korea. Hegseth is also the author of “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free,” published earlier this year. George Walker IV, Associated Press Trump tapped Pam Bondi, 59, to be attorney general after U.S. Rep. Matt Gaetz withdrew his name from consideration. She was Florida's first female attorney general, serving between 2011 and 2019. She also was on Trump’s legal team during his first impeachment trial in 2020. Considered a loyalist, she served as part of a Trump-allied outside group that helped lay the groundwork for his future administration called the America First Policy Institute. Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in New York that ended in May with a conviction on 34 felony counts. A fierce defender of Trump, she also frequently appears on Fox News and has been a critic of the criminal cases against him. Derik Hamilton Trump picked South Dakota Gov. Kristi Noem, a well-known conservative who faced sharp criticism for telling a story in her memoir about shooting a rambunctious dog, to lead an agency crucial to the president-elect’s hardline immigration agenda. Noem used her two terms leading a tiny state to vault to a prominent position in Republican politics. South Dakota is usually a political afterthought. But during the COVID-19 pandemic, Noem did not order restrictions that other states had issued and instead declared her state “open for business.” Trump held a fireworks rally at Mount Rushmore in July 2020 in one of the first large gatherings of the pandemic. She takes over a department with a sprawling mission. In addition to key immigration agencies, the Department of Homeland Security oversees natural disaster response, the U.S. Secret Service, and Transportation Security Administration agents who work at airports. Matt Rourke, Associated Press The governor of North Dakota, who was once little-known outside his state, Burgum is a former Republican presidential primary contender who endorsed Trump, and spent months traveling to drum up support for him, after dropping out of the race. Burgum was a serious contender to be Trump’s vice presidential choice this summer. The two-term governor was seen as a possible pick because of his executive experience and business savvy. Burgum also has close ties to deep-pocketed energy industry CEOs. Trump made the announcement about Burgum joining his incoming administration while addressing a gala at his Mar-a-Lago club, and said a formal statement would be coming the following day. In comments to reporters before Trump took the stage, Burgum said that, in recent years, the power grid is deteriorating in many parts of the country, which he said could raise national security concerns but also drive up prices enough to increase inflation. “There's just a sense of urgency, and a sense of understanding in the Trump administration,” Burgum said. AP Photo/Alex Brandon Robert F. Kennedy Jr. ran for president as a Democrat, than as an independent, and then endorsed Trump . He's the son of Democratic icon Robert Kennedy, who was assassinated during his own presidential campaign. The nomination of Kennedy to lead the Department of Health and Human Services alarmed people who are concerned about his record of spreading unfounded fears about vaccines . For example, he has long advanced the debunked idea that vaccines cause autism. Evan Vucci, Associated Press Scott Bessent, 62, is a former George Soros money manager and an advocate for deficit reduction. He's the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said then. Matt Kelley, Associated Press Oregon Republican U.S. Rep. Lori Chavez-DeRemer narrowly lost her reelection bid this month, but received strong backing from union members in her district. As a potential labor secretary, she would oversee the Labor Department’s workforce, its budget and put forth priorities that impact workers’ wages, health and safety, ability to unionize, and employer’s rights to fire employers, among other responsibilities. Chavez-DeRemer is one of few House Republicans to endorse the “Protecting the Right to Organize” or PRO Act would allow more workers to conduct organizing campaigns and would add penalties for companies that violate workers’ rights. The act would also weaken “right-to-work” laws that allow employees in more than half the states to avoid participating in or paying dues to unions that represent workers at their places of employment. Andrew Harnik, Associated Press Scott Turner is a former NFL player and White House aide. He ran the White House Opportunity and Revitalization Council during Trump’s first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he’s yet selected for his administration, with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” Andrew Harnik, Associated Press Sean Duffy is a former House member from Wisconsin who was one of Trump's most visible defenders on cable news. Duffy served in the House for nearly nine years, sitting on the Financial Services Committee and chairing the subcommittee on insurance and housing. He left Congress in 2019 for a TV career and has been the host of “The Bottom Line” on Fox Business. Before entering politics, Duffy was a reality TV star on MTV, where he met his wife, “Fox and Friends Weekend” co-host Rachel Campos-Duffy. They have nine children. Jacquelyn Martin, Associated Press A campaign donor and CEO of Denver-based Liberty Energy, Write is a vocal advocate of oil and gas development, including fracking — a key pillar of Trump’s quest to achieve U.S. “energy dominance” in the global market. Wright also has been one of the industry’s loudest voices against efforts to fight climate change. He said the climate movement around the world is “collapsing under its own weight.” The Energy Department is responsible for advancing energy, environmental and nuclear security of the United States. Wright also won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term. Andy Cross, The Denver Post via AP President-elect Donald Trump tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump promised to dismantle. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. She’s seen as a relative unknown in education circles, though she expressed support for charter schools and school choice. She served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. Manuel Balce Ceneta, Associated Press Brooke Rollins, who graduated from Texas A&M University with a degree in agricultural development, is a longtime Trump associate who served as White House domestic policy chief during his first presidency. The 52-year-old is president and CEO of the America First Policy Institute, a group helping to lay the groundwork for a second Trump administration. She previously served as an aide to former Texas Gov. Rick Perry and ran a think tank, the Texas Public Policy Foundation. Evan Vucci Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Trump made the announcement Tuesday on his social media platform, Truth Social. Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration. Both are tasked with putting forward candidates for key roles in the next administration. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and the wider business community are crucial. AP Photo/Evan Vucci Doug Collins is a former Republican congressman from Georgia who gained recognition for defending Trump during his first impeachment trial, which centered on U.S. assistance for Ukraine. Trump was impeached for urging Ukraine to investigate Joe Biden in 2019 during the Democratic presidential nomination, but he was acquitted by the Senate. Collins has also served in the armed forces himself and is currently a chaplain in the United States Air Force Reserve Command. "We must take care of our brave men and women in uniform, and Doug will be a great advocate for our Active Duty Servicemembers, Veterans, and Military Families to ensure they have the support they need," Trump said in a statement about nominating Collins to lead the Department of Veterans Affairs. John Bazemore, Associated Press Karoline Leavitt, 27, was Trump's campaign press secretary and currently a spokesperson for his transition. She would be the youngest White House press secretary in history. The White House press secretary typically serves as the public face of the administration and historically has held daily briefings for the press corps. Leavitt, a New Hampshire native, was a spokesperson for MAGA Inc., a super PAC supporting Trump, before joining his 2024 campaign. In 2022, she ran for Congress in New Hampshire, winning a 10-way Republican primary before losing to Democratic Rep. Chris Pappas. Leavitt worked in the White House press office during Trump's first term before she became communications director for New York Republican Rep. Elise Stefanik, Trump's choice for U.S. ambassador to the United Nations. Ted Shaffrey, Associated Press Former Hawaii Rep. Tulsi Gabbard has been tapped by Trump to be director of national intelligence, keeping with the trend to stock his Cabinet with loyal personalities rather than veteran professionals in their requisite fields. Gabbard, 43, was a Democratic House member who unsuccessfully sought the party's 2020 presidential nomination before leaving the party in 2022. She endorsed Trump in August and campaigned often with him this fall. “I know Tulsi will bring the fearless spirit that has defined her illustrious career to our Intelligence Community,” Trump said in a statement. Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider compared to her predecessor. The current director, Avril Haines, was confirmed by the Senate in 2021 following several years in a number of top national security and intelligence positions. Evan Vucci, Associated Press Trump has picked John Ratcliffe, a former Texas congressman who served as director of national intelligence during his first administration, to be director of the Central Intelligence Agency in his next. Ratcliffe was director of national intelligence during the final year and a half of Trump's first term, leading the U.S. government's spy agencies during the coronavirus pandemic. “I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions,” Trump said in a statement, calling him a “fearless fighter for the Constitutional Rights of all Americans” who would ensure “the Highest Levels of National Security, and PEACE THROUGH STRENGTH.” Manuel Balce Ceneta, Associated Press Trump has chosen former New York Rep. Lee Zeldin to serve as his pick to lead the Environmental Protection Agency . Zeldin does not appear to have any experience in environmental issues, but is a longtime supporter of the former president. The 44-year-old former U.S. House member from New York wrote on X , “We will restore US energy dominance, revitalize our auto industry to bring back American jobs, and make the US the global leader of AI.” “We will do so while protecting access to clean air and water,” he added. During his campaign, Trump often attacked the Biden administration's promotion of electric vehicles, and incorrectly referring to a tax credit for EV purchases as a government mandate. Trump also often told his audiences during the campaign his administration would “Drill, baby, drill,” referring to his support for expanded petroleum exploration. In a statement, Trump said Zeldin “will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet.” Matt Rourke, Associated Press Trump has named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission. Carr made past appearances on “Fox News Channel," including when he decried Democratic Vice President Kamala Harris' pre-Election Day appearance on “Saturday Night Live.” He wrote an op-ed last month defending a satellite company owned by Trump supporter Elon Musk. Jonathan Newton - pool, ASSOCIATED PRESS Rep. Elise Stefanik is a representative from New York and one of Trump's staunchest defenders going back to his first impeachment. Elected to the House in 2014, Stefanik was selected by her GOP House colleagues as House Republican Conference chair in 2021, when former Wyoming Rep. Liz Cheney was removed from the post after publicly criticizing Trump for falsely claiming he won the 2020 election. Stefanik, 40, has served in that role ever since as the third-ranking member of House leadership. Stefanik’s questioning of university presidents over antisemitism on their campuses helped lead to two of those presidents resigning, further raising her national profile. If confirmed, she would represent American interests at the U.N. as Trump vows to end the war waged by Russia against Ukraine begun in 2022. He has also called for peace as Israel continues its offensive against Hamas in Gaza and its invasion of Lebanon to target Hezbollah. Jose Luis Magana, Associated Press President-elect Donald Trump says he's chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO. Trump has expressed skepticism about the Western military alliance for years. Trump said in a statement Wednesday that Whitaker is “a strong warrior and loyal Patriot” who “will ensure the United States’ interests are advanced and defended” and “strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability.” The choice of Whitaker as the nation’s representative to the North Atlantic Treaty Organization is an unusual one, given his background is as a lawyer and not in foreign policy. Andrew Harnik, Associated Press A Republican congressman from Michigan who served from 1993 to 2011, Hoekstra was ambassador to the Netherlands during Trump's first term. “In my Second Term, Pete will help me once again put AMERICA FIRST,” Trump said in a statement announcing his choice. “He did an outstanding job as United States Ambassador to the Netherlands during our first four years, and I am confident that he will continue to represent our Country well in this new role.” Paul Sancya, Associated Press Trump will nominate former Arkansas Gov. Mike Huckabee to be ambassador to Israel. Huckabee is a staunch defender of Israel and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel's interests as it wages wars against the Iran-backed Hamas and Hezbollah. “He loves Israel, and likewise the people of Israel love him,” Trump said in a statement. “Mike will work tirelessly to bring about peace in the Middle East.” Huckabee, who ran unsuccessfully for the Republican presidential nomination in 2008 and 2016, has been a popular figure among evangelical Christian conservatives, many of whom support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Trump has been praised by some in this important Republican voting bloc for moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. Oded Balilty, Associated Press Trump on Tuesday named real estate investor Steven Witkoff to be special envoy to the Middle East. The 67-year-old Witkoff is the president-elect's golf partner and was golfing with him at Trump's club in West Palm Beach, Florida, on Sept. 15, when the former president was the target of a second attempted assassination. Witkoff “is a Highly Respected Leader in Business and Philanthropy,” Trump said of Witkoff in a statement. “Steve will be an unrelenting Voice for PEACE, and make us all proud." Trump also named Witkoff co-chair, with former Georgia Sen. Kelly Loeffler, of his inaugural committee. Evan Vucci, Associated Press Trump asked Rep. Michael Waltz, R-Fla., a retired Army National Guard officer and war veteran, to be his national security adviser, Trump announced in a statement Tuesday. The move puts Waltz in the middle of national security crises, ranging from efforts to provide weapons to Ukraine and worries about the growing alliance between Russia and North Korea to the persistent attacks in the Middle East by Iran proxies and the push for a cease-fire between Israel and Hamas and Hezbollah. “Mike has been a strong champion of my America First Foreign Policy agenda,” Trump's statement said, "and will be a tremendous champion of our pursuit of Peace through Strength!” Waltz is a three-term GOP congressman from east-central Florida. He served multiple tours in Afghanistan and also worked in the Pentagon as a policy adviser when Donald Rumsfeld and Robert Gates were defense chiefs. He is considered hawkish on China, and called for a U.S. boycott of the 2022 Winter Olympics in Beijing due to its involvement in the origin of COVID-19 and its mistreatment of the minority Muslim Uighur population. Ted Shaffrey, Associated Press Stephen Miller, an immigration hardliner , was a vocal spokesperson during the presidential campaign for Trump's priority of mass deportations. The 39-year-old was a senior adviser during Trump's first administration. Miller has been a central figure in some of Trump's policy decisions, notably his move to separate thousands of immigrant families. Trump argued throughout the campaign that the nation's economic, national security and social priorities could be met by deporting people who are in the United States illegally. Since Trump left office in 2021, Miller has served as the president of America First Legal, an organization made up of former Trump advisers aimed at challenging the Biden administration, media companies, universities and others over issues such as free speech and national security. Evan Vucci, Associated Press Thomas Homan, 62, has been tasked with Trump’s top priority of carrying out the largest deportation operation in the nation’s history. Homan, who served under Trump in his first administration leading U.S. Immigration and Customs Enforcement, was widely expected to be offered a position related to the border, an issue Trump made central to his campaign. Though Homan has insisted such a massive undertaking would be humane, he has long been a loyal supporter of Trump's policy proposals, suggesting at a July conference in Washington that he would be willing to "run the biggest deportation operation this country’s ever seen.” Democrats have criticized Homan for his defending Trump's “zero tolerance” policy on border crossings during his first administration, which led to the separation of thousands of parents and children seeking asylum at the border. John Bazemore, Associated Press Dr. Mehmet Oz, 64, is a former heart surgeon who hosted “The Dr. Oz Show,” a long-running daytime television talk show. He ran unsuccessfully for the U.S. Senate as the Republican nominee in 2022 and is an outspoken supporter of Trump, who endorsed Oz's bid for elected office. Matt Rourke, Associated Press Elon Musk, left, and Vivek Ramaswamy speak before Republican presidential nominee former President Donald Trump at an Oct. 27 campaign rally at Madison Square Garden in New York. Trump on Tuesday said Musk and former Republican presidential candidate Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added the move would shock government systems. It's not clear how the organization will operate. Musk, owner of X and CEO of Tesla and SpaceX, has been a constant presence at Mar-a-Lago since Trump won the presidential election. Ramaswamy suspended his campaign in January and threw his support behind Trump. Trump said the two will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Evan Vucci, Associated Press photos Russell Vought held the position during Trump’s first presidency. After Trump’s initial term ended, Vought founded the Center for Renewing America, a think tank that describes its mission as “renew a consensus of America as a nation under God.” Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. Vought has also previously worked as the executive and budget director for the Republican Study Committee, a caucus for conservative House Republicans. He also worked at Heritage Action, the political group tied to The Heritage Foundation, a conservative think tank. Evan Vucci, Associated Press Dan Scavino, deputy chief of staff Scavino, whom Trump's transition referred to in a statement as one of “Trump's longest serving and most trusted aides,” was a senior adviser to Trump's 2024 campaign, as well as his 2016 and 2020 campaigns. He will be deputy chief of staff and assistant to the president. Scavino had run Trump's social media profile in the White House during his first administration. He was also held in contempt of Congress in 2022 after a month-long refusal to comply with a subpoena from the House committee’s investigation into the Jan. 6, 2021, attack on the U.S. Capitol. James Blair, deputy chief of staff Blair was political director for Trump's 2024 campaign and for the Republican National Committee. He will be deputy chief of staff for legislative, political and public affairs and assistant to the president. Blair was key to Trump's economic messaging during his winning White House comeback campaign this year, a driving force behind the candidate's “Trump can fix it” slogan and his query to audiences this fall if they were better off than four years ago. Taylor Budowich, deputy chief of staff Budowich is a veteran Trump campaign aide who launched and directed Make America Great Again, Inc., a super PAC that supported Trump's 2024 campaign. He will be deputy chief of staff for communications and personnel and assistant to the president. Budowich also had served as a spokesman for Trump after his presidency. William McGinley, White House counsel McGinley was White House Cabinet secretary during Trump's first administration, and was outside legal counsel for the Republican National Committee's election integrity effort during the 2024 campaign. In a statement, Trump called McGinley “a smart and tenacious lawyer who will help me advance our America First agenda, while fighting for election integrity and against the weaponization of law enforcement.” Jose Luis Magana, Associated PressNoneAir Force Issues BAA for Automated Heavy Machinery Tech
Retailers are having to fine-tune return policies to prevent increased abuse
Russian state news agencies say ousted Syrian leader Bashar Assad is in Moscow and given asylumBy Steve Holland and Alexandra Ulmer (Reuters) -President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, ending days of twists that saw high profile candidates pitted against each other for the cabinet position with vast influence over economic, regulatory and international affairs. Wall Street has been closely watching who Trump would choose, especially given his plans to remake global trade through tariffs and extend and potentially expand the raft of tax cuts enacted during his first term. The choice of Bessent, 62, who has spent his career in finance, gives Wall Street an advocate for tax reform and deregulation. Some strategists said his nomination was a relief as he understands markets and his appointment could reduce the chance of severe tariffs. The announcement - the most prominent of a flurry of Friday night appointments by Trump - caps a week where big name Wall Street luminaries' chance at the job oscillated on a daily basis. Other names that had been considered included Apollo Global Management Chief Executive Marc Rowan and former Federal Reserve Governor Kevin Warsh. Investor John Paulson had also been a leading candidate, but dropped out, while Wall Street veteran Howard Lutnick, another contender, was appointed as head of the Commerce Department. The choice came after days of deliberations by Trump as he sorted through a shifting list of candidates. Bessent spent day after day at Trump's Mar-a-Lago home in Florida providing economic advice, sources said, a proximity to the president-elect that may have helped him prevail. "Scott is widely respected as one of the world's foremost international investors and geopolitical and economic strategists," said Trump as he announced the nomination in a statement released on Truth Social. FINANCE CAREER TO TREASURY Bessent, from South Carolina, has spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as running his own hedge fund. As a money manager, he made a large bet on Trump winning after spotting what he called an anomaly in the market - that political and market analysts were too negative on what a Trump victory would mean. Bessent, who did not immediately respond to a request for comment, has advocated for tax reform and deregulation, particularly to spur more bank lending and energy production, as noted in a recent opinion piece he wrote for The Wall Street Journal. The market's surge after Trump's election victory, he wrote, signaled investor expectations of "higher growth, lower volatility and inflation, and a revitalized economy for all Americans." "Bessent has been on the side of less aggressive tariffs," said Oxford Economics' Ryan Sweet, adding that picking him makes the steep tariffs Trump proposed on the campaign trail less likely. Bessent follows other financial luminaries who have taken the job, including former Goldman Sachs executives Robert Rubin, Hank Paulson and Steven Mnuchin, Trump's first Treasury chief. Janet Yellen, the current secretary and first woman in the job, previously chaired the Federal Reserve and White House Council of Economic Advisers. ECONOMY'S QUARTERBACK As Treasury secretary, Bessent will essentially be the highest-ranking U.S. economic official, responsible for maintaining the plumbing of the world's largest economy, from collecting taxes and paying the nation's bills to managing the $28.6-trillion Treasury debt market and overseeing financial regulation, including handling and preventing market crises. The Treasury boss also runs U.S. financial sanctions policy, has influence over the U.S.-led International Monetary Fund, World Bank and other international financial institutions, and manages national security screenings of foreign investments in the United States. Bessent will face challenges, including safely managing federal deficits that are forecast to grow by nearly $8 trillion over a decade due to Trump's plans to extend expiring tax cuts next year and add generous new breaks, including ending taxes on Social Security income. Without offsetting revenues, this new debt would add to an unsustainable fiscal trajectory already forecast to balloon U.S. debt by $22 trillion through 2033. Managing debt increases this large without market indigestion will be a challenge, though Bessent has argued Trump's agenda will unleash stronger economic growth that will grow revenue and shore up market confidence. Bessent will also inherit the role carved out by Yellen to lead the Group of Seven wealthy democracies in providing tens of billions of dollars in economic support for Ukraine in its fight against Russia's invasion and tightening sanctions on Moscow. But it is unclear whether he will pursue this, given Trump's desire to end the war quickly and withdraw U.S. financial support for Ukraine. Another area where Bessent will likely differ from Yellen is her focus on climate change, from her mandate that development banks expand lending for clean energy to incorporating climate risks into financial regulations and managing hundreds of billions of dollars in clean-energy tax credits. Trump, a climate-change skeptic, has vowed to increase production of U.S. fossil fuel energy and end the clean-energy subsidies in President Joe Biden's 2022 Inflation Reduction Act. The Treasury secretary is also the administration's closest point of contact with the Federal Reserve. Both Yellen under Biden and Mnuchin under Trump typically met weekly with Fed Chair Jerome Powell, often over breakfast or lunch. Bessent has floated the idea of creating a "shadow" Fed chair. This would entail nominating as early as possible a presumptive Powell successor to the Fed Board who would then deliver their own policy guidance so that, as Bessent told Barron's last month, "no one is really going to care what Jerome Powell has to say anymore." Bessent has since said he no longer thinks the idea of a shadow chair is worth pursuing, the Wall Street Journal reported. Powell's term as Fed chair expires in May 2026. SOAP OPERA Bessent, along with John Paulson, had been an early favorite for job earlier in the year according to a Reuters report at the time and seemed to be in pole position a week after election day, on Nov. 12, when Paulson exited the race citing "complex financial obligations". However, there were many twists in the race for the top position. On Nov. 13, banker Howard Lutnick, who was leading a transition team to vet personnel and draft policy, emerged as a top contender. Lutnick, however, was taken out of the running after Trump nominated him to lead his trade and tariff strategy as head of the Commerce Department. The pool of candidates then widened when Rowan, and former Federal Reserve Governor Kevin Warsh were under consideration as well as Republican U.S. Senator Bill Hagerty, sources with knowledge of the transition process said at the time. (Reporting by Steve Holland, Alexandra Ulmer, David Lawder, Lawrence Delevingne, Ann Saphir, Costas Pitas, Nathan Layne and Jasper Ward; editing by Megan Davies, Rod Nickel, Rosalba O'Brien and Diane Craft)Hudson Meek, the 16-year-old actor who appeared in “Baby Driver,” died last week after falling from a moving vehicle in Vestavia Hills, Alabama, according to CNN affiliate WVTM. The teen sustained blunt force trauma in the fall on Dec. 19 and was admitted to the University of Alabama at Birmingham Hospital, where he died from his injuries on Dec. 21, the Jefferson County Coroner’s office told CNN affiliate WVTM . “His 16 years on this earth were far too short, but he accomplished so much and significantly impacted everyone he met,” reads a post on his Instagram account . Hudson Meek attends the "A Different Man" premiere during the Deauville American Film Festival in Deauville, France, on September 9. Francois G. Durand/Getty Images/File via CNN Newsource Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | SoundStack The teen actor had various acting and voice over credits, most notably playing a younger version of Ansel Elgort’s character Baby in 2017 movie “Baby Driver.” People are also reading... Meek also voiced the lead in “Badanamu Stories” — a children’s show that examines themes relevant to preschoolers, according to IMDb . He also appeared in shows including NBC’s “Found” and The CW’s “Legacies,” as well as the recently released thriller “The School Duel.” Meek’s obituary described the teenager as a “reflective and thoughtful” avid traveler and fan of the outdoors. “He loved snow-skiing and could easily navigate the hardest trails that no one else in the family would dare attempt,” the obituary read. “One of his favorite places to be was at the lake, tubing and wakeboarding.” The Vestavia Hills Police Department is still investigating the circumstances surrounding Meek’s death, WTVM reported. CNN has reached out to Vestavia Hills police for more information on the incident. Photos: Notable deaths in 2024 Andreas Brehme Germany players celebrate after Andreas Brehme, left on ground, scores the winning goal in the World Cup soccer final match against Argentina, in the Olympic Stadium, in Rome, July 8, 1990. Andreas Brehme, who scored the only goal as West Germany beat Argentina to win the 1990 World Cup final, died Feb. 20, 2024. He was 63. AP Photo/Carlo Fumagalli, File Brian Mulroney Brian Mulroney, the former prime minister of Canada, listens during a Senate Foreign Relations Committee hearing on the Canada-U.S.-Mexico relationship, Tuesday, Jan. 30, 2018, on Capitol Hill in Washington. Mulroney died at the age of 84 on Feb. 29, 2024. Jacquelyn Martin The Rev. James Lawson Jr. The Rev. James Lawson Jr. speaks Sept. 17, 2015, in Murfreesboro, Tenn. Lawson Jr., an apostle of nonviolent protest who schooled activists to withstand brutal reactions from white authorities as the Civil Rights Movement gained traction, has died, his family said Monday. He was 95. His family said Lawson died on Sunday after a short illness in Los Angeles, where he spent decades working as a pastor, labor movement organizer and university professor. Lawson was a close adviser to the Rev. Martin Luther King Jr., who called him “the leading theorist and strategist of nonviolence in the world.” Lawson met King in 1957, after spending three years in India soaking up knowledge about Mohandas K. Gandhi’s independence movement. King would travel to India himself two years later, but at the time, he had only read about Gandhi in books. Mark Humphrey, Associated Press Jerry West Basketball Hall of Fame inductee Jerry West, representing the 1960 USA Olympic Team, is seen Aug. 13, 2010, during the enshrinement news conference at the Hall of Fame Museum in Springfield, Mass. Jerry West, who was selected to the Basketball Hall of Fame three times in a storied career as a player and executive, and whose silhouette is considered to be the basis of the NBA logo, died June 12, the Los Angeles Clippers announced. He was 86. West, nicknamed “Mr. Clutch” for his late-game exploits as a player, was an NBA champion who went into the Hall of Fame as a player in 1980 and again as a member of the gold medal-winning 1960 U.S. Olympic Team in 2010. He will be enshrined for a third time later this year as a contributor, and NBA Commissioner Adam Silver called West “one of the greatest executives in sports history.” Elise Amendola, Associated Press Ron Simons Actor and director Ron Simons, seen Jan. 23, 2011, during the 2011 Sundance Film Festival, died June 12. Simons turned into a formidable screen and stage producer, winning four Tony Awards and having several films selected at the Sundance Film Festival. He won Tonys for producing “Porgy and Bess,” “A Gentleman’s Guide to Love and Murder,” “Vanya and Sonia and Masha and Spike,” and “Jitney.” He also co-produced “Hughie,” with Forest Whitaker, “The Gin Game,” starring Cicely Tyson and James Earl Jones, “Ain’t Too Proud: The Life and Times of The Temptations,” an all-Black production of “A Streetcar Named Desire,” the revival of "for colored girls who have considered suicide/when the rainbow is enuf" and the original work “Thoughts of a Colored Man.” He was in the films “27 Dresses” and “Mystery Team,” as well as on the small screen in “The Resident,” “Law & Order,” “Law & Order: Criminal Intent” and “Law & Order: SVU.” Victoria Will, Associated Press Bob Schul Bob Schul of West Milton, Ohio, hits the tape Oct. 18, 1964, to win the 5,000 meter run at the Olympic Games in Tokyo. Schul, the only American distance runner to win the 5,000 meters at the Olympics, died June 16. He was 86. His death was announced by Miami University in Ohio , where Schul shined on the track and was inducted into the school’s hall of fame in 1973. Schul predicted gold leading into the 1964 Tokyo Olympics and followed through with his promise. On a rainy day in Japan, he finished the final lap in a blistering 54.8 seconds to sprint to the win. His white shorts were covered in mud at the finish. He was inducted into the USA Track and Field Hall of Fame in 1991. He also helped write a book called “In the Long Run.” Associated Press Willie Mays San Francisco Giants superstar Willie Mays poses for a photo during baseball spring training in 1972. Mays, the electrifying “Say Hey Kid” whose singular combination of talent, drive and exuberance made him one of baseball’s greatest and most beloved players, died June 18. He was 93. The center fielder, who began his professional career in the Negro Leagues in 1948, had been baseball’s oldest living Hall of Famer. He was voted into the Hall in 1979, his first year of eligibility, and in 1999 followed only Babe Ruth on The Sporting News’ list of the game’s top stars. The Giants retired his uniform number, 24, and set their AT&T Park in San Francisco on Willie Mays Plaza. Mays died two days before a game between the Giants and St. Louis Cardinals to honor the Negro Leagues at Rickwood Field in Birmingham , Alabama. Over 23 major league seasons, virtually all with the New York/San Francisco Giants but also including one in the Negro Leagues, Mays batted .301, hit 660 home runs, totaled 3,293 hits, scored more than 2,000 runs and won 12 Gold Gloves. He was Rookie of the Year in 1951, twice was named the Most Valuable Player and finished in the top 10 for the MVP 10 other times. His lightning sprint and over-the-shoulder grab of an apparent extra base hit in the 1954 World Series remains the most celebrated defensive play in baseball history. For millions in the 1950s and ’60s and after, the smiling ballplayer with the friendly, high-pitched voice was a signature athlete and showman during an era when baseball was still the signature pastime. Awarded the Medal of Freedom by President Barack Obama in 2015, Mays left his fans with countless memories. But a single feat served to capture his magic — one so untoppable it was simply called “The Catch.” Associated Press Donald Sutherland Actor Donald Sutherland appears Oct. 13, 2017, at the Academy of Motion Picture Arts and Sciences in Beverly Hills, Calif. Sutherland, the Canadian actor whose wry, arrestingly off-kilter screen presence spanned more than half a century of films from “M.A.S.H.” to “The Hunger Games,” died June 20. He was 88. Kiefer Sutherland said on X he believed his father was one of the most important actors in the history of film: “Never daunted by a role, good, bad or ugly. He loved what he did and did what he loved, and one can never ask for more than that.” The tall and gaunt Sutherland, who flashed a grin that could be sweet or diabolical, was known for offbeat characters like Hawkeye Pierce in Robert Altman's "M.A.S.H.," the hippie tank commander in "Kelly's Heroes" and the stoned professor in "Animal House." Before transitioning into a long career as a respected character actor, Sutherland epitomized the unpredictable, antiestablishment cinema of the 1970s. He never stopped working, appearing in nearly 200 films and series. Over the decades, Sutherland showed his range in more buttoned-down — but still eccentric — roles in Robert Redford's "Ordinary People" and Oliver Stone's "JFK." More, recently, he starred in the “Hunger Games” films. A memoir, “Made Up, But Still True,” is due out in November. Chris Pizzello, Associated Press Bill Cobbs Actor Bill Cobbs, a cast member in "Get Low," arrives July 27, 2010, at the premiere of the film in Beverly Hills, Calif. Cobbs, the veteran character actor who became a ubiquitous and sage screen presence as an older man, died June 25. He was 90. A Cleveland native, Cobbs acted in such films as “The Hudsucker Proxy,” “The Bodyguard” and “Night at the Museum.” He made his first big-screen appearance in a fleeting role in 1974's “The Taking of Pelham One Two Three." He became a lifelong actor with some 200 film and TV credits. The lion share of those came in his 50s, 60s, and 70s, as filmmakers and TV producers turned to him again and again to imbue small but pivotal parts with a wizened and worn soulfulness. Cobbs appeared on television shows including “The Sopranos," “The West Wing,” “Sesame Street” and “Good Times.” He was Whitney Houston's manager in “The Bodyguard” (1992), the mystical clock man of the Coen brothers' “The Hudsucker Proxy” (1994) and the doctor of John Sayles' “Sunshine State” (2002). He played the coach in “Air Bud” (1997), the security guard in “Night at the Museum” (2006) and the father on “The Gregory Hines Show." Cobbs rarely got the kinds of major parts that stand out and win awards. Instead, Cobbs was a familiar and memorable everyman who left an impression on audiences, regardless of screen time. He won a Daytime Emmy Award for outstanding limited performance in a daytime program for the series “Dino Dana” in 2020. Chris Pizzello, Associated Press Kinky Friedman Independent gubernatorial candidate Kinky Friedman speaks with the media Nov. 7, 2009, at his campaign headquarters in Austin, Texas. The singer, songwriter, satirist and novelist, who led the alt-country band Texas Jewboys, toured with Bob Dylan, sang with Willie Nelson, and dabbled in politics with campaigns for Texas governor and other statewide offices, died June 27. He was 79 and had suffered from Parkinson's disease. Often called “The Kinkster" and sporting sideburns, a thick mustache and cowboy hat, Friedman earned a cult following and reputation as a provocateur throughout his career across musical and literary genres. In the 1970s, his satirical country band Kinky Friedman and the Texas Jewboys wrote songs with titles such as “They Ain't Makin' Jews Like Jesus Anymore” and “Get Your Biscuits in the Oven and Your Buns in Bed.” Friedman joined part of Bob Dylan's Rolling Thunder Revue tour in 1976. By the 1980s, Friedman was writing crime novels that often included a version of himself, and he wrote a column for Texas Monthly magazine in the 2000s. Friedman's run at politics brought his brand of irreverence to the serious world of public policy. In 2006, Friedman ran for governor as an independent in a five-way race that included incumbent Republican Rick Perry. Friedman launched his campaign against the backdrop of the Alamo. Eric Gay, Associated Press Martin Mull Martin Mull participates in "The Cool Kids" panel during the Fox Television Critics Association Summer Press Tour on Aug. 2, 2018, at The Beverly Hilton hotel in Beverly Hills, Calif. Mull, whose droll, esoteric comedy and acting made him a hip sensation in the 1970s and later a beloved guest star on sitcoms including “Roseanne” and “Arrested Development,” died June 28. He was 80. Mull, who was also a guitarist and painter, came to national fame with a recurring role on the Norman Lear-created satirical soap opera “Mary Hartman, Mary Hartman,” and the starring role in its spinoff, “Fernwood Tonight." His first foray into show business was as a songwriter, penning the 1970 semi-hit “A Girl Named Johnny Cash” for singer Jane Morgan. He would combine music and comedy in an act that he brought to hip Hollywood clubs in the 1970s. Mull often played slightly sleazy, somewhat slimy and often smarmy characters as he did as Teri Garr's boss and Michael Keaton's foe in 1983's “Mr. Mom.” He played Colonel Mustard in the 1985 movie adaptation of the board game “Clue,” which, like many things Mull appeared in, has become a cult classic. The 1980s also brought what many thought was his best work, “A History of White People in America,” a mockumentary that first aired on Cinemax. Mull co-created the show and starred as a “60 Minutes” style investigative reporter investigating all things milquetoast and mundane. Willard was again a co-star. In the 1990s he was best known for his recurring role on several seasons on “Roseanne,” in which he played a warmer, less sleazy boss to the title character, an openly gay man whose partner was played by Willard, who died in 2020 . Mull would later play private eye Gene Parmesan on “Arrested Development,” a cult-classic character on a cult-classic show, and would be nominated for an Emmy, his first, in 2016 for a guest run on “Veep.” Willy Sanjuan, Invision Robert Towne Screenwriter Robert Towne poses at The Regency Hotel, March 7, 2006, in New York. Towne, the Oscar-winning screenplay writer of "Shampoo," "The Last Detail" and other acclaimed films whose work on "Chinatown" became a model of the art form and helped define the jaded allure of his native Los Angeles, died Monday, July 1, 2024, surrounded by family at his home in Los Angeles, said publicist Carri McClure. She declined to comment on any cause of death. Jim Cooper - stringer, ASSOCIATED PRESS Vic Seixas Vic Seixas of the United States backhands a volley from Denmark's Jurgen Ulrich in the first round of men's singles match at Wimbledon, England, June 27, 1967. Vic Seixas, a Wimbledon winner and tennis Hall of Famer who was the oldest living Grand Slam champion, has died July 5 at the age of 100. The International Tennis Hall of Fame announced Seixas’ death on Saturday July 6, 2024, based on confirmation from his daughter Tori. AP Photo/File James Inhofe In this June 30, 2020, file photo, Sen. James Inhofe, R-Okla., speaks to reporters following a GOP policy meeting on Capitol Hill in Washington. Former Sen. Jim Inhofe of Oklahoma died July 9. He was 89. The family says in a statement that the Republican had a stroke during the July Fourth holiday and died Tuesday morning. Inhofe was a powerful fixture in state politics for decades. He doubted that climate change was caused by human activity, calling the theory “the greatest hoax ever perpetrated on the American people.” As Oklahoma’s senior U.S. senator, he was a staunch supporter of the state’s military installations. He was elected to a fifth Senate term in 2020 and stepped down in early 2023. Manuel Balce Ceneta Joe Bonsall The Oak Ridge Boys, from left, Joe Bonsall, Richard Sterban, Duane Allen and William Lee Golden hold their awards for Top Vocal Group and Best Album of the Year for "Ya'll Come Back Saloon", during the 14th Annual Academy of Country Music Awards in Los Angeles, Calif., May 3, 1979. Bonsall died on July 9, 2024, from complications of Amyotrophic Lateral Sclerosis in Hendersonville, Tenn. He was 76. A Philadelphia native and resident of Hendersonville, Tennessee, Bonsall joined the Oak Ridge Boys in 1973, which originally formed in the 1940s. He saw the band through its golden period in the '80s and beyond, which included their signature 1981 song “Elvira.” The hit marked a massive crossover moment for the group, reaching No. 1 on the country chart and No. 5 on Billboard’s all-genre Hot 100. The group is also known for such hits as 1982’s “Bobbie Sue." Lennox Mclendon - staff, ASSOCIATED PRESS Shelley Duvall Shelley Duvall poses for photographers at the 30th Cannes Film Festival in France, May 27, 1977. Duvall, whose wide-eyed, winsome presence was a mainstay in the films of Robert Altman and who co-starred in Stanley Kubrick's “The Shining,” died July 11. She was 75. Jean-Jacques Levy - staff, ASSOCIATED PRESS Dr. Ruth Westheimer Dr. Ruth Westheimer holds a copy of her book "Sex for Dummies" at the International Frankfurt Book Fair 'Frankfurter Buchmesse' in Frankfurt, Germany, Thursday, Oct. 11, 2007. Westheimer, the sex therapist who became a pop icon, media star and best-selling author through her frank talk about once-taboo bedroom topics, died on July 12, 2024. She was 96. Bernd Kammerer - stringer, ASSOCIATED PRESS Richard Simmons Richard Simmons sits for a portrait in Los Angeles, June 23, 1982. Simmons, a fitness guru who urged the overweight to exercise and eat better, died July 13 at the age of 76. Simmons was a court jester of physical fitness who built a mini-empire in his trademark tank tops and short shorts by urging the overweight to exercise and eat better. Simmons was a former 268-pound teen who shared his hard-won weight loss tips as the host of the Emmy-winning daytime “Richard Simmons Show" and the “Sweatin' to the Oldies” line of exercise videos, which became a cultural phenomenon. Richard Drew - staff, ASSOCIATED PRESS Jacoby Jones Former NFL receiver Jacoby Jones died July 14 at age 40. Jones' 108-yard kickoff return in 2013 remains the longest touchdown in Super Bowl history. The Houston Texans were Jones’ team for the first five seasons of his career. They announced his death on Sunday. In a statement released by the NFL Players Association, his family said he died at his home in New Orleans. A cause of death was not given. Jones played from 2007-15 for the Texans, Baltimore Ravens, San Diego Chargers and Pittsburgh Steelers. He made several huge plays for the Ravens during their most recent Super Bowl title season, including that kick return. AP File Photo Shannen Doherty The "Beverly Hills, 90210" star whose life and career were roiled by tabloid stories, Shannen Doherty died July 13 at 53. Doherty's publicist said the actor died Saturday following years with breast cancer. Catapulted to fame as Brenda in “Beverly Hills, 90210,” she worked in big-screen films including "Mallrats" and "Jay and Silent Bob Strike Back" and in TV movies including "A Burning Passion: The Margaret Mitchell Story," in which she played the "Gone with the Wind" author. Doherty co-starred with Holly Marie Combs and Alyssa Milano in the series “Charmed” from 1998-2001; appeared in the “90210” sequel series seven years later and competed on “Dancing with the Stars” in 2010. Peter Kramer, Associated Press James Sikking Actor James Sikking poses for a photograph at the Los Angeles gala celebrating the 20th anniversary of the National Organization for Women, Dec. 1, 1986. Sikking, who starred as a hardened police lieutenant on “Hill Street Blues” and as the titular character's kindhearted dad on “Doogie Howser, M.D.,” died July 13 of complications from dementia, his publicist Cynthia Snyder said in a statement. He was 90. Avery - staff, ASSOCIATED PRESS Pat Williams Pat Williams chats with media before the 2004 NBA draft in Orlando, Fla. Williams, a co-founder of the Orlando Magic and someone who spent more than a half-century working within the NBA, died July 17 from complications related to viral pneumonia. The team announced the death Wednesday. Williams was 84. He started his NBA career as business manager of the Philadelphia 76ers in 1968, then had stints as general manager of the Chicago Bulls, the Atlanta Hawks and the 76ers — helping that franchise win a title in 1983. Williams was later involved in starting the process of bringing an NBA team to Orlando. The league’s board of governors granted an expansion franchise in 1987, and the team began play in 1989. AP File Photo Lou Dobbs Lou Dobbs speaks Feb. 24, 2017, at the Conservative Political Action Conference in Oxon Hill, Md. Dobbs, the conservative political pundit and veteran cable TV host who was a founding anchor for CNN and later was a nightly presence on Fox Business Network for more than a decade, died July 18. He was 78. His death was announced in a post on his official X account, which called him a “fighter till the very end – fighting for what mattered to him the most, God, his family and the country.” He hosted “Lou Dobbs Tonight” on Fox from 2011 to 2021, following two separate stints at CNN. No cause of death was given. Alex Brandon, Associated Press Bob Newhart Bob Newhart, center, poses with members of the cast and crew of the "Bob Newhart Show," from top left, Marcia Wallace, Bill Daily, Jack Riley, and, Suzanne Pleshette, foreground left, and Dick Martin at TV Land's 35th anniversary tribute to "The Bob Newhart Show" on Sept. 5, 2007, in Beverly Hills, Calif. Newhart has died at age 94. Jerry Digney, Newhart’s publicist, says the actor died July 18 in Los Angeles after a series of short illnesses. The accountant-turned-comedian gained fame with a smash album and became one of the most popular TV stars of his time. Newhart was a Chicago psychologist in “The Bob Newhart Show” in the 1970s and a Vermont innkeeper on “Newhart” in the 1980s. Both shows featured a low-key Newhart surrounded by eccentric characters. The second had a twist ending in its final show — the whole series was revealed to have been a dream by the psychologist he played in the other show. Mark J. Terrill - staff, ASSOCIATED PRESS Cheng Pei-Pei Cheng Pei-pei, a Chinese-born martial arts film actor who starred in Ang Lee’s “Crouching Tiger, Hidden Dragon,” died July 17 at age 78. Her family says Cheng, who had been diagnosed with a rare illness with symptoms similar to Parkinson’s disease, passed away Wednesday at home surrounded by her loved ones. The Shanghai-born film star became a household name in Hong Kong, once dubbed the Hollywood of the Far East, for her performances in martial arts movies in the 1960s. She played Jade Fox, who uses poisoned needles, in “Crouching Tiger, Hidden Dragon,” which was released in 2000, grossed $128 million in North America and won four Oscars. Chris Pizzello - invision linkable, Chris Pizzello/Invision/AP Abdul 'Duke' Fakir Abdul “Duke” Fakir holds his life time achievement award backstage at the 51st Annual Grammy Awards on Feb. 8, 2009, in Los Angeles. The last surviving original member of the Four Tops died July 22. Abdul “Duke” Fakir was 88. He was a charter member of the Motown group along with lead singer Levi Stubbs, Renaldo “Obie" Benson and Lawrence Payton. Between 1964 and 1967, the Tops had 11 top 20 hits and two No. 1′s: “I Can’t Help Myself (Sugar Pie Honey Bunch)” and the operatic classic “Reach Out I’ll Be There.” Other songs, often stories of romantic pain and longing, included “Baby I Need Your Loving,” “Standing in the Shadows of Love,” “Bernadette” and “Just Ask the Lonely.” Matt Sayles, Associated Press Bernice Johnson Reagon Sculptress Elizabeth Catlett, left, then-Washington D.C. Mayor Sharon Pratt Dixon, center, and then-curator, division of community life, Smithsonian institution Bernice Johnson Reagon chat during the reception at the Candace awards on June 25, 1991 in New York. Reagon, a musician and scholar who used her rich, powerful contralto voice in the service of the American Civil Rights Movement and human rights struggles around the world, died on July 16, 2024, according to her daughter's social media post. She was 81. Chrystyna Czajkowsky - staff, ASSOCIATED PRESS John Mayall John Mayall, the British blues musician whose influential band the Bluesbreakers was a training ground for Eric Clapton, Mick Fleetwood and many other superstars, died July 22. He was 90. He is credited with helping develop the English take on urban, Chicago-style rhythm and blues that played an important role in the blues revival of the late 1960s. A statement on Mayall's official Instagram page says he died Monday at his home in California. Though Mayall never approached the fame of some of his illustrious alumni, he was still performing in his late 80s, pounding out his version of Chicago blues. Sandro Campardo - foreign subscriber, ASSOCIATED PRESS Erica Ash Erica Ash, an actor and comedian skilled in sketch comedy who starred in the parody series “Mad TV” and “Real Husbands of Hollywood,” has died. She was 46. Her publicist and a statement by her mother, Diann, says Ash died July 28 in Los Angeles of cancer. Ash impersonated Michelle Obama and Condoleeza Rice on “Mad TV,” a Fox sketch series, and was a key performer on the Rosie O’Donnell-created series “The Big Gay Sketch Show.” Her other credits included “Scary Movie V,” “Uncle Drew” and the LeBron James-produced basketball dramedy “Survivor’s Remorse.” On the BET series “Real Husbands of Hollywood,” Ash played the ex-wife of Kevin Hart’s character. Richard Shotwell - invision linkable, Richard Shotwell/Invision/AP Jack Russell Jack Russell, the lead singer of the bluesy '80s metal band Great White whose hits included “Once Bitten Twice Shy” and “Rock Me” and was fronting his band the night 100 people died in a 2003 nightclub fire in Rhode Island, died Wednesday, Aug. 7, 2024. He was 63. AP Photo/Jill Connelly, file Chi Chi Rodriguez Juan “Chi Chi” Rodriguez, a Hall of Fame golfer whose antics on the greens and inspiring life story made him among the sport’s most popular players during a long professional career, died Thursday, Aug. 8, 2024. AP Photo/Steven Senne, File Susan Wojcicki Susan Wojcicki, the former YouTube chief executive officer and longtime Google executive, died Friday, Aug. 9, 2024, after suffering with non small cell lung cancer for the past two years. She was 56. AP Photo/Markus Schreiber Frank Selvy Frank Selvy, an All-America guard at Furman who scored an NCAA Division I-record 100 points in a game and later played nine NBA seasons, died Tuesday, Aug. 13, 2024. He was 91. AP Photo/Mary Ann Chastain, File Wally Amos Wallace “Wally” Amos, the creator of the cookie empire that took his name and made it famous and who went on to become a children’s literacy advocate, died Tuesday, Aug. 13, 2024, from complications with dementia. He was 88. AP Photo/Lucy Pemoni, File Gena Rowlands Gena Rowlands, hailed as one of the greatest actors to ever practice the craft and a guiding light in independent cinema as a star in groundbreaking movies by her director husband, John Cassavetes, and who later charmed audiences in her son's tear-jerker “The Notebook,” died Wednesday, Aug. 14, 2024. She was 94. Chris Pizzello/Invision/AP, File Peter Marshall Peter Marshall, the actor and singer turned game show host who played straight man to the stars for 16 years on “The Hollywood Squares,” died. Thursday, Aug. 15, 2024 He was 98. Richard Shotwell/Invision/AP, File Alain Delon Alain Delon, the internationally acclaimed French actor who embodied both the bad guy and the policeman and made hearts throb around the world, died Sunday, Aug. 18, 2024. He was 88. Arthur Mola/Invision/AP, File Phil Donahue Phil Donahue, whose pioneering daytime talk show launched an indelible television genre that brought success to Oprah Winfrey, Montel Williams, Ellen DeGeneres and many others, died Sunday, Aug. 18, 2024, after a long illness. He was 88. AP Photo/Mark Lennihan, File Al Attles Al Attles, a Hall of Famer who coached the 1975 NBA champion Warriors and spent more than six decades with the organization as a player, general manager and most recently team ambassador, died Tuesday, Aug. 20, 2024. He was 87. AP Photo/Ben Margot, File John Amos John Amos, who starred as the family patriarch on the hit 1970s sitcom “Good Times” and earned an Emmy nomination for his role in the seminal 1977 miniseries “Roots,” died Wednesday, Aug. 21, 2024. He was 84. Amy Sussman/Invision/AP, File James Darren James Darren, a teen idol who helped ignite the 1960s surfing craze as a charismatic beach boy paired off with Sandra Dee in the hit film “Gidget,” died Monday, Sept. 2, 2024. He was 88. AP Photo, File James Earl Jones James Earl Jones, who overcame racial prejudice and a severe stutter to become a celebrated icon of stage and screen has died. He was 93. His agent, Barry McPherson, confirmed Jones died Sept. 9 at home. Jones was a pioneering actor who eventually lent his deep, commanding voice to CNN, “The Lion King” and Darth Vader. Working deep into his 80s, he won two Emmys, a Golden Globe, two Tony Awards, a Grammy, the National Medal of Arts, the Kennedy Center Honors and was given an honorary Oscar and a special Tony for lifetime achievement. In 2022, a Broadway theater was renamed in his honor. Michael Zorn - invision linkable, Michael Zorn/Invision/AP Frankie Beverly Frankie Beverly, who with his band Maze inspired generations of fans with his smooth, soulful voice and lasting anthems including “Before I Let Go,” has died. He was 77. His family said in a post on the band’s website and social media accounts that Beverly died Sept. 10. In the post, which asked for privacy, the family said “he lived his life with a pure soul, as one would say, and for us, no one did it better.” The post did not say his cause of death or where he died. Beverly, whose songs include “Joy and Pain,” “Love is the Key,” and “Southern Girl,” finished his farewell “I Wanna Thank You Tour” in his hometown of Philadelphia in July. Patrick Semansky - freelancer, ASSOCIATED PRESS Joe Schmidt Joe Schmidt, the Hall of Fame linebacker who helped the Detroit Lions win NFL championships in 1953 and 1957 and later coached the team, has died. He was 92. The Lions said family informed the team Schmidt died Sept. 11. A cause of death was not provided. One of pro football’s first great middle linebackers, Schmidt played his entire NFL career with the Lions from 1953-65. An eight-time All-Pro, he was enshrined into the Pro Football Hall of Fame in 1973 and the college football version in 2000. Born in Pittsburgh, Schmidt played college football in his hometown at Pitt. Jose Juarez, AP File Chad McQueen Chad McQueen, an actor known for his performances in the “Karate Kid” movies and the son of the late actor and racer Steve McQueen, died Sep. 11. His lawyer confirmed his death at age 63. McQueen's family shared a statement on social media saying he lived a life “filled with love and dedication.” McQueen was a professional race car driver, like his father, and competed in the famed 24 Hours of Le Mans and the 24 Hours of Daytona races. He is survived by his wife Jeanie and three children, Chase, Madison and Steven, who is an actor best known for “The Vampire Diaries.” Lionel Cironneau - stringer, ASSOCIATED PRESS Tito Jackson Tito Jackson, one of the brothers who made up the beloved pop group the Jackson 5, died at age 70 on Sept. 15. Jackson was the third of nine children, including global superstars Michael and Janet. The Jackson 5 included brothers Jackie, Tito, Jermaine, Marlon and Michael. They signed with Berry Gordy’s Motown empire in the 1960s. The group was inducted into the Rock & Roll Hall of Fame in 1997 and produced several No. 1 hits in the 1970s, including “ABC,” “I Want You Back” and “I’ll Be There.” Mark Von Holden, Associated Press JD Souther John David “JD” Souther has died. He was a prolific songwriter and musician whose collaborations with the Eagles and Linda Ronstadt helped shape the country-rock sound that took root in Southern California in the 1970s. Souther joined in on some of the Eagles’ biggest hits, such as “Best of My Love,” “New Kid in Town,” and “Heartache Tonight." The Songwriters Hall of Fame inductee also collaborated with James Taylor, Bob Seger, Bonnie Raitt and many more. His biggest hit as a solo artist was “You’re Only Lonely.” He was about to tour with Karla Bonoff. Souther died Sept. 17 at his home in New Mexico, at 78. In this photo, JD Souther and Alison Krauss attend the Songwriters Hall of Fame 44th annual induction and awards gala on Thursday, June 13, 2013 in New York. Charles Sykes - invision linkable, Charles Sykes/Invision/AP Dan Evans Sen. Dan Evans stands with his three sons, from left, Mark, Bruce and Dan Jr., after he won the election for Washington's senate seat in Seattle, Nov. 8, 1983. Evans, a former Washington state governor and a U.S. Senator, died Sept. 20. The popular Republican was 98. He served as governor from 1965 to 1977, and he was the keynote speaker at the 1968 National Republican Convention. In 1983, Evans was appointed to served out the term of Democratic Sen. Henry “Scoop” Jackson after he died in office. Evans opted not to stand for election in 1988, citing the “tediousness" of the Senate. He later served as a regent at the University of Washington, where the Daniel J. Evans School of Public Policy and Governance bears his name. Barry Sweet - staff, ASSOCIATED PRESS Mercury Morris Eugene “Mercury” Morris, who starred for the unbeaten 1972 Miami Dolphins as part of a star-studded backfield and helped the team win two Super Bowl titles, died Sept. 21. He was 77. The team on Sunday confirmed the death of Morris, a three-time Pro Bowl selection. In a statement, his family said his “talent and passion left an indelible mark on the sport.” Morris was the starting halfback and one of three go-to runners that Dolphins coach Don Shula utilized in Miami’s back-to-back title seasons of 1972 and 1973, alongside Pro Football Hall of Famer Larry Csonka and Jim Kiick. Morris led the Dolphins in rushing touchdowns in both of those seasons. Charles Rex Arbogast, AP File John Ashton John Ashton, the veteran character actor who memorably played the gruff but lovable police detective John Taggart in the “Beverly Hills Cop” films, died Thursday, Sept. 26, 2024. He was 76. Richard Shotwell/Invision/AP, file Maggie Smith Maggie Smith, who won an Oscar for 1969 film “The Prime of Miss Jean Brodie” and won new fans in the 21st century as the dowager Countess of Grantham in “Downton Abbey” and Professor Minerva McGonagall in the Harry Potter films, died Sept. 27 at 89. Smith's publicist announced the news Friday. She was frequently rated the preeminent British female performer of a generation that included Vanessa Redgrave and Judi Dench. “Jean Brodie” brought her the Academy Award for best actress in 1969. Smith added a supporting actress Oscar for “California Suite” in 1978. Reed Saxon, Associated Press Kris Kristofferson Kris Kristofferson, a Rhodes scholar with a deft writing style and rough charisma who became a country music superstar and an A-list Hollywood actor, died Saturday, Sept. 28, 2024. He was 88. Owen Sweeney/Invision/AP, File Drake Hogestyn Drake Hogestyn, the “Days of Our Lives” star who appeared on the show for 38 years, died Saturday, Sept. 28, 2024. He was 70. AP Photo/Lionel Cironneau, File Ron Ely Ron Ely, the tall, musclebound actor who played the title character in the 1960s NBC series “Tarzan,” died Sunday, Sept. 29, 2024, at age 86. AP Photo/Reed Saxon, File Dikembe Mutombo Dikembe Mutombo, a Basketball Hall of Famer who was one of the best defensive players in NBA history and a longtime global ambassador for the game, died Monday, Sept. 30, 2024, from brain cancer, the league announced. He was 58. AP Photo/David Zalubowski, File Frank Fritz Frank Fritz, left, part of a two-man team who drove around the U.S. looking for antiques and collectibles to buy and resell on the reality show “American Pickers,” died Monday, Sept. 30, 2024. He was 60. He's shown here with co-host Mike Wolfe at the A+E Networks 2015 Upfront in New York on April 30, 2015. Andy Kropa/Invision/AP, File Pete Rose Pete Rose, baseball’s career hits leader and fallen idol who undermined his historic achievements and Hall of Fame dreams by gambling on the game he loved and once embodied, died Monday, Sept. 30, 2024. He was 83. AP Photo/Matt Rourke, File Cissy Houston Cissy Houston, the mother of Whitney Houston and a two-time Grammy winner who performed alongside superstar musicians like Elvis Presley and Aretha Franklin, died Monday, Oct. 7, 2024, in her New Jersey home. She was 91. Charles Sykes/Invision/AP, File Ethel Kennedy Ethel Kennedy, the wife of Sen. Robert F. Kennedy, who raised their 11 children after he was assassinated and remained dedicated to social causes and the family’s legacy for decades thereafter, died on Thursday, Oct. 10, 2024, her family said. She was 96. AP Photo/Henry Burroughs, File Liam Payne Former One Direction singer Liam Payne, 31, whose chart-topping British boy band generated a global following of swooning fans, was found dead Wednesday, Oct. 16, 2024, after falling from a hotel balcony in Buenos Aires, local officials said. He was 31. Rich Fury/Invision/AP, File Mitzi Gaynor Mitzi Gaynor, among the last survivors of the so-called golden age of the Hollywood musical, died of natural causes in Los Angeles on Thursday, Oct. 17, 2024. She was 93. Richard Shotwell/Invision/AP, File Fernando Valenzuela Fernando Valenzuela, the Mexican-born phenom for the Los Angeles Dodgers who inspired “Fernandomania” while winning the NL Cy Young Award and Rookie of the Year in 1981, died Tuesday, Oct. 22, 2024. He was 63. AP Photo/Abbie Parr, File Jack Jones Jack Jones, a Grammy-winning crooner known for “The Love Boat” television show theme song, died, Wednesday, Oct. 23, 2024. He was 86. AP Photo/Reed Saxon, File Phil Lesh Phil Lesh, a founding member of the Grateful Dead, died Friday, Oct. 25, 2024, at age 84. AP Photo/Morry Gash, File Teri Garr Teri Garr, the quirky comedy actor who rose from background dancer in Elvis Presley movies to co-star of such favorites as "Young Frankenstein" and "Tootsie," died Tuesday, Oct 29, 2024. She was 79. AP Photo/Mark Terrill, File Quincy Jones Quincy Jones, the multitalented music titan whose vast legacy ranged from producing Michael Jackson’s historic “Thriller” album to writing prize-winning film and television scores and collaborating with Frank Sinatra, Ray Charles and hundreds of other recording artists, died Sunday, Nov 3, 2024. He was 91 Photo by Chris Pizzello/Invision/AP, File Bobby Allison Bobby Allison, founder of racing’s “Alabama Gang” and a NASCAR Hall of Famer, died Saturday, Nov. 9, 2024. He was 86. AP Photo/File Song Jae-lim Song Jae-lim, a South Korean actor known for his roles in K-dramas “Moon Embracing the Sun” and “Queen Woo,” was found dead at his home in capital Seoul, Tuesday, Nov. 12, 2024. He was 39. Jo Soo-jung/Newsis via AP Timothy West British actor Timothy West, who played the classic Shakespeare roles of King Lear and Macbeth and who in recent years along with his wife, Prunella Scales, enchanted millions of people with their boating exploits on Britain's waterways, died Tuesday, Nov 12, 2024. He was 90. Gareth Fuller/PA via AP Bela Karolyi Bela Karolyi, the charismatic if polarizing gymnastics coach who turned young women into champions and the United States into an international power in the sport, died Friday, Nov. 15, 2024. He was 82. AP Photo/Susan Ragan, File Arthur Frommer Arthur Frommer, whose "Europe on 5 Dollars a Day" guidebooks revolutionized leisure travel by convincing average Americans to take budget vacations abroad, died Monday, Nov. 18, 2024. He was 95. AP Photo/Seth Wenig, File) Bob Love Former Chicago Bulls forward Bob Love, a three-time All-Star who spent 11 years in the NBA, died Monday, Nov. 18, 2024. He was 81. AP Photo/Fred Jewell, File Chuck Woolery Chuck Woolery, the affable, smooth-talking game show host of “Wheel of Fortune,” “Love Connection” and “Scrabble” who later became a right-wing podcaster, skewering liberals and accusing the government of lying about COVID-19, died Saturday, Nov. 23, 2024. He was 83. Ronda Churchill/Las Vegas Review-Journal via AP, File Barbara Taylor Bradford Barbara Taylor Bradford, a British journalist who became a publishing sensation in her 40s with the saga "A Woman of Substance" and wrote more than a dozen other novels that sold tens of millions of copies, died Sunday, Nov. 24, 2024. She was 91. Caroll Taveras/Bradford Enterprises via AP Stay up-to-date on what's happening
By Steve Holland and Alexandra Ulmer (Reuters) -President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, ending days of twists that saw high profile candidates pitted against each other for the cabinet position with vast influence over economic, regulatory and international affairs. Wall Street has been closely watching who Trump would choose, especially given his plans to remake global trade through tariffs and extend and potentially expand the raft of tax cuts enacted during his first term. The choice of Bessent, 62, who has spent his career in finance, gives Wall Street an advocate for tax reform and deregulation. Some strategists said his nomination was a relief as he understands markets and his appointment could reduce the chance of severe tariffs. The announcement - the most prominent of a flurry of Friday night appointments by Trump - caps a week where big name Wall Street luminaries' chance at the job oscillated on a daily basis. Other names that had been considered included Apollo Global Management Chief Executive Marc Rowan and former Federal Reserve Governor Kevin Warsh. Investor John Paulson had also been a leading candidate, but dropped out, while Wall Street veteran Howard Lutnick, another contender, was appointed as head of the Commerce Department. The choice came after days of deliberations by Trump as he sorted through a shifting list of candidates. Bessent spent day after day at Trump's Mar-a-Lago home in Florida providing economic advice, sources said, a proximity to the president-elect that may have helped him prevail. "Scott is widely respected as one of the world's foremost international investors and geopolitical and economic strategists," said Trump as he announced the nomination in a statement released on Truth Social. FINANCE CAREER TO TREASURY Bessent, from South Carolina, has spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as running his own hedge fund. As a money manager, he made a large bet on Trump winning after spotting what he called an anomaly in the market - that political and market analysts were too negative on what a Trump victory would mean. Bessent, who did not immediately respond to a request for comment, has advocated for tax reform and deregulation, particularly to spur more bank lending and energy production, as noted in a recent opinion piece he wrote for The Wall Street Journal. The market's surge after Trump's election victory, he wrote, signaled investor expectations of "higher growth, lower volatility and inflation, and a revitalized economy for all Americans." "Bessent has been on the side of less aggressive tariffs," said Oxford Economics' Ryan Sweet, adding that picking him makes the steep tariffs Trump proposed on the campaign trail less likely. Bessent follows other financial luminaries who have taken the job, including former Goldman Sachs executives Robert Rubin, Hank Paulson and Steven Mnuchin, Trump's first Treasury chief. Janet Yellen, the current secretary and first woman in the job, previously chaired the Federal Reserve and White House Council of Economic Advisers. ECONOMY'S QUARTERBACK As Treasury secretary, Bessent will essentially be the highest-ranking U.S. economic official, responsible for maintaining the plumbing of the world's largest economy, from collecting taxes and paying the nation's bills to managing the $28.6-trillion Treasury debt market and overseeing financial regulation, including handling and preventing market crises. The Treasury boss also runs U.S. financial sanctions policy, has influence over the U.S.-led International Monetary Fund, World Bank and other international financial institutions, and manages national security screenings of foreign investments in the United States. Bessent will face challenges, including safely managing federal deficits that are forecast to grow by nearly $8 trillion over a decade due to Trump's plans to extend expiring tax cuts next year and add generous new breaks, including ending taxes on Social Security income. Without offsetting revenues, this new debt would add to an unsustainable fiscal trajectory already forecast to balloon U.S. debt by $22 trillion through 2033. Managing debt increases this large without market indigestion will be a challenge, though Bessent has argued Trump's agenda will unleash stronger economic growth that will grow revenue and shore up market confidence. Bessent will also inherit the role carved out by Yellen to lead the Group of Seven wealthy democracies in providing tens of billions of dollars in economic support for Ukraine in its fight against Russia's invasion and tightening sanctions on Moscow. But it is unclear whether he will pursue this, given Trump's desire to end the war quickly and withdraw U.S. financial support for Ukraine. Another area where Bessent will likely differ from Yellen is her focus on climate change, from her mandate that development banks expand lending for clean energy to incorporating climate risks into financial regulations and managing hundreds of billions of dollars in clean-energy tax credits. Trump, a climate-change skeptic, has vowed to increase production of U.S. fossil fuel energy and end the clean-energy subsidies in President Joe Biden's 2022 Inflation Reduction Act. The Treasury secretary is also the administration's closest point of contact with the Federal Reserve. Both Yellen under Biden and Mnuchin under Trump typically met weekly with Fed Chair Jerome Powell, often over breakfast or lunch. Bessent has floated the idea of creating a "shadow" Fed chair. This would entail nominating as early as possible a presumptive Powell successor to the Fed Board who would then deliver their own policy guidance so that, as Bessent told Barron's last month, "no one is really going to care what Jerome Powell has to say anymore." Bessent has since said he no longer thinks the idea of a shadow chair is worth pursuing, the Wall Street Journal reported. Powell's term as Fed chair expires in May 2026. SOAP OPERA Bessent, along with John Paulson, had been an early favorite for job earlier in the year according to a Reuters report at the time and seemed to be in pole position a week after election day, on Nov. 12, when Paulson exited the race citing "complex financial obligations". However, there were many twists in the race for the top position. On Nov. 13, banker Howard Lutnick, who was leading a transition team to vet personnel and draft policy, emerged as a top contender. Lutnick, however, was taken out of the running after Trump nominated him to lead his trade and tariff strategy as head of the Commerce Department. The pool of candidates then widened when Rowan, and former Federal Reserve Governor Kevin Warsh were under consideration as well as Republican U.S. Senator Bill Hagerty, sources with knowledge of the transition process said at the time. (Reporting by Steve Holland, Alexandra Ulmer, David Lawder, Lawrence Delevingne, Ann Saphir, Costas Pitas, Nathan Layne and Jasper Ward; editing by Megan Davies, Rod Nickel, Rosalba O'Brien and Diane Craft)Orca carried her dead calf for 17 days. She now has a new baby