2024 - Page 19 of 426 - Bean watcher

Nov

19

2024

Trump appoints Brendan Carr as FCC chairman amid concerns over telecommunications policy

In a significant move, President-elect Donald Trump appointed Brendan Carr as chairman of the Federal Communications Commission (FCC). Carr, a seasoned veteran of telecommunications policy, has been a strong critic of the Biden administration's approach to the sector. Now serving as the FCC's top Republican, Carr made headlines for his staunch opposition to various broadband initiatives under the previous administration. He has openly criticized the FCC's failure to finalize nearly $900 million in broadband grants for SpaceX's Starlink satellite internet service, as well as the Commerce Department's $42 billion budgeted broadband infrastructure program. of dollars. Additionally, Carr took issue with…

Nov

19

2024

By Lily Chang

Elon Musk endorses candidates for Treasury secretary amid Trump transition

Investments and Business

At the 10th awards ceremony held at the Academy Museum of Motion Pictures on April 13, 2024, Elon Musk made headlines by expressing his support for potential candidates for the position of Treasury secretary. This announcement comes as President-elect Donald Trump has yet to reveal his pick for this crucial Cabinet role. Through a post on This endorsement highlights Musk's belief in the need for a change in economic policy. Reports indicate that Lutnick and Scott Bessent, founder and CEO of Key Square Group, are the leading contenders for the Treasury Department. Musk also shared his view on Bessent, describing…

Nov

19

2024

By Lily Chang

Finding healing through companionship: how service dogs support veterans with PTSD

Social Responsibility

In Kansas City, a transformative program is helping veterans dealing with post-traumatic stress disorder (PTSD). Air Force veteran Heather O'Brien, who served in a challenging internment camp in Iraq, returned home struggling with anxiety and uncertainty. A toy labradoodle named Albus and the Dogs 4 Valor initiative, part of the Olathe, Kansas-based organization The Battle Within, were instrumental in his recovery journey. Dogs 4 Valor is designed to assist veterans and first responders in collaboration with their caregivers, addressing issues such as depression and anxiety. Program director Sandra Sindeldecker notes that many veterans with PTSD often remain isolated at home,…

Nov

18

2024

By Lily Chang

Federal Reserve faces new challenges with Trump’s presidency

Investments and Business

In a recent press conference following a meeting of the Federal Open Market Committee, Federal Reserve Chair Jerome Powell answered a series of questions from reporters asking for his views on newly elected President Donald Trump. While Powell has refrained from engaging in political discussions, it is clear that the economic implications of Trump's presidency are set to have a significant impact on Federal Reserve policies. Powell, appointed by Trump in 2017, has already faced criticism from the former president, who labeled Fed officials “boneheads” and made disparaging comparisons of their performance. During the news conference, Powell sidestepped questions regarding…