Musk backs Johnson for Speaker after funding scuffle

December 30, 2024

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Trump ally Loomer slams Musk's influence: “He's clinging to Stage 5''

Laura Loomer, a close aide to President-elect Trump, criticized another Trump ally, Elon Musk, as a “Stage 5 clinger.” Loomer joined former Trump adviser Steve Bannon's podcast “War Room” on Monday to weigh in on the ongoing battle with Musk. “I think a lot of people are not comfortable speaking truth to power, and a lot of people are afraid of confronting billionaires,” Loomer said. “he…

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Wall Street Journal supports President Trump on H-1B visa: 'Enlightened nationalism'

The Wall Street Journal has endorsed President-elect Trump's stance on visas for high-skilled workers amid a controversy between his Silicon Valley supporters and anti-immigrant factions in his MAGA base. President Trump on Saturday joined Department of Government Efficiency (DOGE) co-chairs Elon Musk and Vivek Ramaswamy in expressing support for the H-1B visa program. “Donald Trump…

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The Refresh

news we reportedtThe intersection of technology and other topics:

Cryptocurrency group sues IRS over new reporting rules

Several organizations representing the crypto industry are suing the Internal Revenue Service (IRS) over new rules establishing virtual currency reporting requirements. decentralized finance, TechCrunch reported.

Nvidia acquires Israeli AI startup

Nvidia completes acquisition Ran: AiIsraeli artificial intelligence (AI) start-up is set to close after the European Union's antitrust regulator approved the acquisition. Reuters reported.

In other news

Branch out with more reading on The Hill.

Germany accuses Musk of trying to sway election

The German government on Monday accused the world's richest man Elon Musk of influencing February's election after he penned an op-ed this weekend supporting the far-right Alternative for Germany (AfD) party. accused of trying to do so. “It is true that Elon Musk is trying to influence the federal election through statements,” government spokesperson Christian Hoffman said at a press conference on Monday, according to media reports.

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Former US lieutenant general warns Musk poses national security risk

A former U.S. lieutenant general said Sunday that Elon Musk, the tech billionaire intricately involved in President-elect Trump's transition, could pose a national security risk due to his ties to China and Russia. he warned. Retired Lt. Gen. Russel Honoré pointed to the Tesla and SpaceX CEO's business interests in China and his reported conversations with Russian President Vladimir Putin. “The fact is…

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What other people are reading

Two important stories about The Hill today:

Tensions with Russia rise over power line sabotage

Russia's involvement in the rupture of an undersea cable between Finland and Estonia raises new fears of sabotage of critical power… read more

What's next for Texas? Four major issues facing a divided nation in 2025

Texas is in for a tumultuous 2025, with smoldering feuds within the state's ruling coalition poised to boil over in the upcoming legislative session. read more

What other people are reading

Technology opinions submitted to The Hill:

Debankment nearly wiped out the technology, but Congress and Trump can save it
Have a great vacation? Unless you need customer service in the USA.
The most important space events of 2024