The Daily

Ring-Kissing, Lawsuits and a Looming Shutdown

186 snips
Dec 20, 2024
Maggie Haberman, Senior Political Correspondent for The New York Times, Catie Edmondson, Congressional Correspondent, and Andrew Ross Sorkin, Financial Columnist and founder of DealBook, dive deep into the political chaos surrounding a potential government shutdown. They explore Trump's influence on corporate America, with titans like Elon Musk seeking his favor. The discussion also examines the tangled web of congressional spending battles and the shifting dynamics between CEOs and politics, revealing how corporate loyalty is reshaping political narratives.
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INSIGHT

Billionaires' Influence on Politics

  • President-elect Trump opposes a government funding bill, influenced by Elon Musk's criticism.
  • This raises concerns about the growing influence of billionaires in politics.
ANECDOTE

Musk and Trump's Opposition to the Bill

  • Elon Musk used Twitter to voice his opposition to the government funding bill.
  • Trump then echoed Musk's sentiment, publicly denouncing the bill.
INSIGHT

Risks of Empowering Billionaires

  • Elon Musk's influence on the funding bill highlights the potential risks of empowering billionaires.
  • This raises questions about their role in shaping political decisions.
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