Bitcoin Soars & France Ousts Prime Minister | Afternoon Update | 12.5.24
Dec 5, 2024
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Bitcoin's meteoric rise past $100,000 is linked to political shifts and potential regulatory changes. A tense House hearing sees questioning over Secret Service protocols regarding threats to President-elect Trump. The formation of a Senate Doge Caucus pushes for government reform amid political chaos, including the resignation of French Prime Minister Barnier. Controversy swirls around President Biden’s pardon of his son, igniting debates about justice and democratic values.
The NYPD is ramping up efforts to apprehend a suspect in the murder of UnitedHealthcare CEO Brian Thompson, releasing new surveillance footage.
Elon Musk and Vivek Ramaswamy are pushing for government efficiency reforms, aiming to identify wasteful expenditures by July 4, 2026.
Deep dives
Manhunt for UnitedHealthcare CEO's Killer
The NYPD has intensified the manhunt for the suspect in the murder of UnitedHealthcare CEO Brian Thompson, recently releasing new surveillance images of a hooded man. These images depict the suspect smiling while carrying a backpack, believed to have stayed at a hostel on the Upper West Side before the shooting. Investigators are examining DNA and fingerprints from evidence found at the scene, as they also look into the suspect’s activities leading up to the crime, including a visit to a nearby Starbucks. The ongoing investigation highlights the urgency surrounding the case as authorities work to bring the suspect to justice.
Calls for Government Efficiency and Reform
Elon Musk and Vivek Ramaswamy recently attended a Senate Doge Caucus meeting, where discussions centered on the new Department of Government Efficiency and potential regulatory reforms. House Speaker Mike Johnson emphasized that the series of meetings aims to brainstorm ways to enhance government efficiency and reduce wasteful spending, with proposed plans to eliminate entire federal agencies. Musk and Ramaswamy expressed their commitment to identify and cut unnecessary expenditures, targeting a completion date for their proposals by July 4, 2026. This initiative reflects a broader movement towards reviving limited government principles in Washington.
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