tapping liberty energy ceo chris wright. in a statement, trump said wright has been a leading even tremendous entrepreneur in energy and leading through a golden age of prosperity and peace. he would make energy more affordable and reliable and makes everything in life possible. dan murphy joins us from dubai with the reaction from the current administration. dan, good to see you. >> reporter: frank, good to see you as well and good morning to you. jennifer granholm backing the policies. she pushed back when i asked her directly has the united states just left the room when it comes to climate policy now trump is coming back to the white house? she urged trump not to pull out of the paris climate agreement again. listen to this. >> it will be political malpractice to undo those opportunities when people are just now getting hired. 400,000 people have been hired just because of these two bills. today is the third anniversary of the bipartisan infrastructure law. it has created enormous difference across the country. >> reporte

we're starting to see some of these secretaries being picked early like energy secretary pick chris wrightcutive. he's the ceo of liberty oil, or liberty energy which is an oil company based out of colorado. now, wright will work with president-elect's interior department pick, south dakota governor doug burgum. the two of them plan to open up lands, federal lands, for drilling as well as the gulf of mexico and reverse ev mandates. here's doug burgum talking with larry kudlow. listen. >> we're never going to have electric tractors, trucks and trains because of the weight ratio of the fizz ins. we're not -- these aren't going to work in cold climates, so the whole plan was never going to work. and buying with our batteries from china wasn't going to work. and so none of that makes, you know, any sense whatsoever from an economic standpoint. and fran environmental -- from an environmental standpoint, it doesn't make sense. >> reporter: the american petroleum institute applauding the move say saying we should see inflation relief with an overall better energy policy. >> we're going to need ev

to talk more about chris wright's nomination, i spoke to amena saiyid.pondent at cipher news. chris wright not a name we heard much about recently, where you surprised at this pick for energy secretary? his name wasn't mentioned among the ones that were floating around in the mainstream media. his positions don't come as a surprise for the day completely dovetailed with what president—elect trump has voiced throughout his campaign. he wants to aggressively pursue oil and gas production. and mr wright has been a vocal oil and gas advocate. he has espoused fracking, which is the reason why the united states became the number one oil and gas producer. what does this counsel mean in terms of actual policy? it means they will vote for all energy types, meaning basically that fossil fuels are again in the mix. it means that coal will get the push although market forces have driven coal for business, this administration will try to prop it up from i understand, from reading between the lines of those reports. i believe that they will have to play this balancing

chris wright the latest picked for donald trump�*s cabinet. tell us more about him.he middle of an energy transition.— in the middle of an energy transition. , ., ., ., transition. he is the head of a ma'or transition. he is the head of a major fracking _ transition. he is the head of a major fracking company. - transition. he is the head of a major fracking company. he l transition. he is the head of a i major fracking company. he has majorfracking company. he has pushed back about the idea that there is this, you know, climate crisis happening, that there is global warming, so it really tracks with the former president�*s commitment in many ways to nonrenewable, you know, resources, and pushing for that. it goes against what we have seen the biden administration prioritise. you know, with a lot of the cabinet pigs i think what you see is, you know, donald trump choosing people who, you know, predictably that his agenda, and they give us a sneak peek of sneak preview of what we can seem in terms of the next four years in terms of energy and climate, etc, for the adm

i asked her what more we know about donald trump's pick for energy secretary chris wright.the spectrum of appointments that have come out, at this point, he is relatively normal. while that claim could be extremely objectionable to many of these viewers, it pales in comparison to a handful of other nominees that are raising much larger questions and many more alarms. i think you have a question of how much the senate is willing to challenge donald trump. i think in that context he is a relatively normal nominee who will probably get through the senate pretty easily. there are other names that are less normal, maybe we will see a bit more controversy, for matt gaetz for attorney general, pete hegseth for secretary of defense to name a couple. what is the sense that you are hearing among republicans about some of these names are the chances that they might be approved by the senate? the key thing to understand about what's going on in the senate right now is we have a change of guard on the republican side which will control the senate next year. we're in very unsteady times.

. >> trump also slking liberty energy ceo chris wright or energy secretary oil executive runs al denvering company to xsaying he will focus making american energy more affordable reliable secure. >> said, sits on the board of nuclear reactor company major backer also a member of newly formed counsel of national energy, that coins headed up by north dakota gods doug burgum officially no more it in aed for secretary of interior energy czar waiting for another role treasury second to pick concrete cantor fitzgerald lutnick or bessent reports say trump is considering, former federal reserve governor kevin warsh apollo global ceo mark, bill hagerty considered, he joined "mornings with maria" on november 4. >> you are a member of the economic team, there, in president trump's cabinet. what would be your number one or first priority of -- january. >> the inside or outside, the extending or making permanent tax cuts in job act priority if it doesn't happen this will be leverages tax increase in u.s. history, then to make this permanent, and give the business and households confidence to really

chris wright can do a lot in the terms of pipelines, energy regulation, all this.capacity for federal lands which, by the way, it was always envisioned as congress set these lands aside. they were meant to be used for this purposeful there's a reason that stretch of land in alaska is called the national petroleum reserve, because that's what a it was meant to be for. and so i think we're going to see biden crack down on this. we had pathetic numbers of leases by comparison to the trump 5-year plan when he was there, and i think you're going to see burgum very importantly not just make more tracts available, hold more leases, but really reach out and try to work too with industry to understand where is the best plays and to have a cooperation there instead of hostility. paul: another thing that a they'll do, dan, is i think pretty quickly approve -- eliminate the pause, the ban that the biden administration put on approvals for liquified natural gas exports. these are enormously expensive projects, and if you don't have the certainty that they can go ahead, you know

on saturday the president—elect picked oil executive chris wright to head the department of energy —rve on the newly—created council of national energy. as secretary of energy, chris wright will shape policy towards nuclear security, scientific research, and renewable energy. the fracking boss is a staunch defender of fossil fuels and has denied the existence of a climate crisis. he willjoin interior secretary nominee doug burgum on the energy council — which is tasked with "cutting red tape. " mr wrightjoins a growing list of trump cabinet nominees — several of whom are facing intense scrutiny. amena saiyid is the washington correspondent for cipher news, a climate change technology news site. we can dive deeper on what some of these pics mean for energy and climate change. chris wright not a name we heard much about recently, where you surprised at this pick for energy secretary? his name wasn't mentioned among the ones that were floating around in the mainstream media. his positions don't come as a surprise for the day completely dovetailed with what president elect trump has voic

chris wright is founder and ceo of liberty energy, an oilfield services firm based in denver, who saidclimate crisis' and that we're �*not in the middle of an energy transition�*. he is expected to support trump's plan to maximise production of oil and gas to boost energy security and cut energy costs, summed up in the campaign slogan �*drill baby drill. chris wright had a rough ride over his climate views when he faces the house financial services committee earlier this year. january 2020 the eu said in a youtube video, we have seen no increase in frequency or intensity of hurricanes or droughts or floods despite endless fear mongering, media politicians and activists.- politicians and activists. same video you _ politicians and activists. same video you said, _ politicians and activists. same video you said, there - politicians and activists. same video you said, there is - politicians and activists. same video you said, there is no - video you said, there is no climate crisis, we are not in the mist of an energy transfer mission, it is simply impossible without carbon dioxide, you a

chris wright, who's wonderful, by the way, i've had the chance to speak with him on a number of panelsst energy secretary in history when has wail worked in the energy industry. that's how our government works. we have hired historically doctoral candidates and harvard, you know, law graduates, and those are all lovely people. but we've never hired someone who actually has worked in the industry. and so to have a sew wrote who knows -- a ceo who knows all of the red tape, all of the obstacles, all of the cooperation that industry needs from government to thrive, to have an actual ceo in this position shows a huge shift in how president trump is going to run government. and that's got to be really exciting for the american people. joey: yeah. i'm sure the folks down in houston are excited to see liquid natural gas get main seem the, and all the folks up in the plain states are probably happy maybe they won't have so many windmills popping up. thanks for joining us, and we'll see how it turns out. >> thanks, joey. joey: thanks, daniel. going to os the it over to rachel now. rachel: yeah.

chris wright is the founder and boss of liberty energy based in denver, he said last year that theres no climate crisis. he says, we are not in the middle of an energy transition. he is expected to support trump because my plan to maximise production of oil and gas to boost energy security and cut energy costs. some dump in that campaign slogan, drill, baby drill. chris wright had a rough ride of his climate views when he faced the house financial services committee earlier this year. you said to be had these new intensity of hurricanes.- intensity of hurricanes. same video you _ intensity of hurricanes. same video you said _ intensity of hurricanes. same video you said there - intensity of hurricanes. same video you said there is - intensity of hurricanes. same video you said there is no - video you said there is no climate crisis, we are not in the mist of an energy transition humans and complex life are impossible without carbon dioxide, the idea of carbon dioxide, the idea of carbon pollution is outrageous. you agree you said that? absolutely. 0k. you agree you said that? absolut

_ chris wright i spoke to the israeli ambassador several times_ israeli ambassador several times lastht regarding the safety— times last night regarding the safety of the supporters in amsterdam, hotels where they were _ amsterdam, hotels where they were staying. based on his information i have also informed the police. when did you decide to reduce the amount of police — you decide to reduce the amount of police available or standing by in — of police available or standing by in the _ of police available or standing by in the city, particularly with— by in the city, particularly with those hit and run actions? we have — with those hit and run actions? we have also been in contact with— we have also been in contact with the _ we have also been in contact with the police officers travelling with the supporters and asked them what was going on in _ and asked them what was going on in the — and asked them what was going on in the group. when it was quiet — on in the group. when it was quiet we _ on in the group. when it was quiet we reduce the amount of police — quiet we reduce the amoun

with a selection of oil industry chris wright for energy secretary, there are only six cabinet positions left to be named. but many of these choices will be difficult to get confirmed. nbc has the latest on that battle. >> usa, usa! >> reporter: president-elect donald trump at a ufc fight over the weekend. while preparing for his own battle as controversy grows over two of his top cabinet picks. new revelations that mr. trump's choice for defense secretary, pete hegseth, paid a woman who accused him of sexual assault and had her sign a non-disclosure agreement. hegseth's attorney saying his client is completely innocent of what he calls a consensual encounter. the washington post reporting the woman's friend sent a memo, which nbc news has not seen, to the trump team, alleging hegseth raped the then 30-year-old group staffer after drinking at a hotel bar. they investigated the incident when the woman filed a complaint. but the local district attorney did not bring charges. >> we'll figure out if he can get confirmed or not. and i do think pete's a good pick for this position. >> reporter

let's move on, speaking of energy, to donald trump's choice of chris wright, the ceo of a fracking firmtary. again, this just as president biden has been out touring the amazon stressing climate action. we do expect to hear from the president shortly, as well, in case i have to interrupt you, that's why. how do you see this pick in the country impacting the goals and as a member of the transportation committee specifically president biden's push for zero carbon transportation. >> alex, if i were a senator i wouldn't vote for him. let me tell you i remain at root optimistic about the united states' ability to take climate action and to work with the rest of the world on achieving our climate goals by 2050 and the reason is that the inflation reduction act has turbo charged the clean energy transition. we are seeing vision, fusion, solar, geothermal, wind all adopted at utility scale, and i think that we have unleashed the animal spirits of the private sector and the ingenuity of our scientists and technologists, and i do think that we'll continue to make progress even as we democrats in

in addition, donald trump has tapped chris wright, the ceo of liberty energy, as his pick for energytary. wright said in a social media post last year, quote, there is no climate crisis and we're not in the midst of the energy transition either. he called for higher levels of fossil fuel production. that sent shares in liberty energy sharply higher in pre-market trade. continuing with the u.s. energy team, the energy secretary for the united states, jennifer granholm says it is political malpractice. 400,000 people have been hired as a result of then. dan now joins us from the middle east. you had the chance to speak with the energy secretary. what else did she say, really? >> reporter: the outgoing energy secretary jennifer granholm putting on a bold face at the cop29 climate conference in baku. granholm had a warning for president-elect trump and not to reverse the climate policy commitments. listen to this. >> other countries are urging the u.s. to stay in. major oil producer like darren woods from exxon said you need to have consistency. the business community wants consistency.

in the case of liberty energy ceo chris wright, the nominee for energy secretary, he owns 2.2 millionpany worth $39.2 million according to data. once the office of government ethics decides what he needs to sell, he'll be issued a certificate of divestiture. he will have 60 days to sell the stock and take the defefrl.r re. when the assets are sold, he has to pay capital gains taxes on that sale as well as the prior sale. he owns about $13.1 million of restricted and performance shares that have not yet vested, which, dom, he will most likely have to forfeit. >> if this is the case, what does this look like from the stand point, we know this happens all the time. how big of a deal is it for many of the potential ceos coming into the situations or even investors with big portfolios? how pervasive will this be to sell private investments to get in lines with serving in public office? >> we only know the frontrunners. there could be an entire group of people who take themselves out of the running because of their financial holdings may be impossible to unwind. john paulson noted it was to

secretary, fracking executive chris wright who is a fierce critic of the existence of climate change. the selection of wright comes as other nominees are facing increased scrutiny. here's abc's maryalice parks. >> reporter: tonight, president-elect trump sending a clear message with nomination to lead the department of energy, chris wright, one of the nation's leading fracking executives, who led the charge against president biden's clean energy policies. the department of energy largely handles the country's nuclear arsenal but has also been supporting the u.s. investment in renewable energy. wright and trump wanting that work to end. wright, who has no government experience, has argued that the effects of climate change are overblown. claims nearly all leading scientists say are false. >> there is no climate crisis, and we're not in the midst of an energy transition either. >> reporter: but most scientists agree the world is on track to reach dangerously warmer temperatures as the burning of oil and gas heats the planet. more extreme weather events, made worse by climate change, alr

chris wright is considered a climate change sceptic.tjoe biden has met with chinese president xi jinping for the final time before he hands the keys to the white house back to donald trump. 0ur correspondent jessica parker sent this report from florida. this wasjoe biden and xijinping's last leaders' meeting. a white house official recently said that mr biden had shown that the two countries can and must manage their differences. butjoe biden�*s time to manage anything of this kind, of course, is fast running out. lots of focus now on what donald trump will do in office. and he's signalled an intention to take a tough line on beijing. meanwhile, the transition process goes on. here in west palm beach, really the hq of that, where donald trump has his mar—a—lago home. and he's announced his pick for energy secretary, an oil and gas boss called chris wright, who last year said that there is no climate crisis. donald trump has, of course, signalled he wants to ramp up fossilfuel production. he has talked about, "drill, baby, drill", much t

donald trump has named oil and gas industry executive chris wright as his pick to lead the us energyase fossilfuel production. 0n the frontlines of climate change, pakistan's northern communities face glacial floods and landslides as temperatures rise. we have a special report. hello. live from london, this is bbc news. china's president xi bids farewell tojoe biden in his final meeting with current the us leader and pledges to work with incoming president donald trump. donald trump has named oil and gas industry executive chris wright as his pick to lead the us energy department. he is expected to fulfil trump's promise to increase fossilfuel production. 0n the frontlines of climate change, pakistan's northern communities face glacial floods

for that ufc fight, he made the announcement that he's going to be picking an oil industry ceo chris wright for energy secretary, as well as, to be part of his newly formed energy council. now, wright has no former government experience, and as a staunch defender of fossil fuels, he'll help to try to fulfill some of trump's oil and gas production. and wright has publicly denied that there is a climate crisis. alex, we also talked yesterday about these new headwinds that some of these picks are facing. there is new controversy now over president-elect trump's pick to lead the defense department. pete hegseth, "the washington post" yesterday breaking the news that hegseth paid a woman for her silence years after a sexual encounter at a 2017 republican conference. that unidentified woman said that it was sexual assault, but hegseth's attorney tells nbc news that the encounter was consensual, saying hegseth paid her out of losing her job at fox during the height of the me too movement. an attorney saying, mr. hegseth is innocent. eyewitness video and evidence confirms that she was the aggressor

we found out this weekend chris wright is the nominee for that post, the ceo of liberty energy. there is the picture of him in the wall street journal. he was front and center for the fracking revolution, the wall street journal writes, that we ship the country. a band of scrappy wildcats that brought it to heights. pumps water and sand underground. his election elevates a pernicious branch of the oil and gas industry is skeptical of climate change science and mostly has not pledged low carbon energy initiatives. back to the phones. this is david in the louisiana, independent. go ahead. caller: good morning, mr. john. this is the original deplorable citizen. citizen dave. going to double wide out next to the garbage dump and the music group that would be named poor white trash. but guess who's tangerine will be president. [laughter] you cut me off the last three calls, brother, but i will save you the trouble. see you next time, brother john. host: this is rene in westchester, pennsylvania. good morning. caller: good morning. hi. i am just calling in to say what i expect out of

for energy, chris wright will look to increase drilling for liquid gold and then there is elon musk and elon musk and vivek ramaswamy, tasked with making the government more efficient. there's the question of who trump will select for treasury secretary. for more on how the appointment secretive in nature, let's bring in frank. he was a former us trade negotiator for china he was a former us trade negotiatorfor china and he was a former us trade negotiator for china and india. he had enormous number of problems, behavioural issues and legitimate concerns about policy depth and management capabilities and so, he set a real speed record for the speed in which he was nominated and the speed in which he withdrew so that went very quickly but i think went very quickly but i think we ended up in a better place. tell us a bit about pam bondi then. well, she served on the trump white house, the legal team in the first and trump in she went in one race for state attorney general and state of florida saw and state of florida saw a major state position and attorney general position so she at least

again, the news coming just right now that chris wright will be nominated to be the secretary of energy. and then, of course, talking about this newly formed council of national energy steve, and this just underscores how fluid all of this is right now decisions being made, obviously in real time, right there where you are yeah, it's fluid and very fast. >> just think about where this process was eight years ago, where donald trump had camped out in trump tower in manhattan. he was putting on this sort of public auditioning of all these roles, having people march in front of cameras that had been waiting to see who was going in and out of trump tower and who might be ahead or behind. there was no formal transition plan. well that is certainly not the case. this go around. trump is announcing all of these picks in a relatively fast clip from the moment he was elected all the way through to today as you just said, another name coming through. this is a much faster process than it was last go around. just shows how orderly and disciplined the people he has put in charge of his operation ar

chris wright, tapped for energy secretary.d in nuclear, geothermal. this is his stock wrapping higher. the question is, how will he manage the opec relationship? jonathan: that is a man who knows his stuff. let's turn to politics. a better roi on playing out in palm beach, as the infighting over trump's treasury picked continues. kyle bass calling scott bessent eminently more qualified than howard lutnick. elon musk responding, bessent is business as usual whereas lutnick will enact change. joining us now is kyle bass. welcome to the program. let's start with your message, this agreement with elon musk. making the point that bessent it is business as usual. why is he wrong? kyle: i'm not sure if he had ever and spoken to bessent before he made the comment. it's important to understand who scott bessent is. scott was the chief investment officer for an organization for a long time. for some people that may sound like a negative if you are talking partisan politics, but it's important to note, global central bankers around the w

is outside of trump's home in mar-a-lago. >> trump is rounding out his cabinet picks, tapping chris wright as energy sector. he has no previous experience. he is a defender of fossil fuels. he is expected to support trump in his efforts to maximize oil and gas production. environmental groups are slamming wright who has publicly denied that there is a climate crisis. there may be new trouble for the pick of defense secretary pete hegseth. the washington post broke the news that hegseth paid a woman for silence years after a sexual encounter at a republican conference in 2017. the woman who was not named said it was sexual assault but hegseth's attorney says the encounter was consensual and hegseth paid the money because the former fox host feared losing his job at the height of the me too movement. the attorney saying she was the aggressor and extorted hegseth for money. no charges were filed. >> hegseth has been a vocal critic of the deadly u.s. withdrawal from afghanistan and now there is discussion that the new trump administration could punish those involved. >> members of the transiti

that is president trump chris wright is energy secretary choice.ric: testimony in the laken riley trial began yesterday prosecutor said the suspect in the limo illegal immigrant was hunting women on the university of georgia campus when he found her. the case of fueled a charge of immigration debate at the center of the 2024 election. i'm going to give you a bit of a warning the details that are coming out in the courtroom are graphic and disturbing and quite frankly just so horrible. medicine is live in atlanta with delays in the shocking case. >> we are expecting to hear more from the prosecution witnesses on monday. it was an emotional day in court for the 20 plus family members of o'reilly they had to listen to some heartbreaking testimony. but ibarra has remained calm and stoic through most of the trials of art we have heard from nine witnesses yesterday that includes the police officer who found riley's lifeless body he said and based on the circumstances he knew her death was not an accident. >> it appeared that her clothing at least her shi

president elect donald trump continues to fill positions in his second administration, announcing chris wright as his nominee to lead the department of energy. wright, the chief executive of liberty energy, the world's second largest fracking services company, is one of the most outspoken critics of efforts to combat climate change. posting this video on linkedin last year, there is no climate crisis, and we're not in the midst of an energy transition either. but 99% of climate scientists agree that humans are causing global warming and climate change. the department of energy's own website states. a clean energy revolution is taking place across america, underscored by the steady expansion of the u.s. renewable energy sector. the president elect has also announced a controversial choice for attorney general, former congressman matt gaetz. a bipartisan house committee has been investigating gaetz for allegations of sexual misconduct and illicit drug use. sources tell abc news a woman testified he had sex with her when she was only 17, something gaetz denied. in a statement, gaetz said these al

rebound on the recent nomination of chris wright. that's probably not wrong. chris wright's -- or -- >> right. >> different. >> one is this doubling upgraded chewy at b of a. they argue pet spend is bottoming. >> i think that's true. look, amazon has a very competitive product. this is an interesting kpp because chewy was not positive about their own stock. they called one day. i want to come on the show. that was in 2019. we got it together. >> this is a good quarter. things are where we want them. the stock almost doubled. i would still go with him. >> pivotal 1,100 netflix after the fight and now we have beyonce singing at the christmas day nfl games. >> look, they -- they are charmed. i don't know. that thing -- i don't know a what you can do to shoot down spotify and netflix which people think are great bargains. prime, spotify, netflix. the great bargains of the time, david. >> are they? okay. >> and costco -- >> they are not getting cheap early. i don't know what i am paying for them. they have gone up a lot. talk about inflation from where they started

trump chose chris wright for energy secretary.he oil executive who runs a denver based fracking company took to x as well, saying he will focus on making american energy more affordable, reliable and secure. wright sits on the board of a nuclear reactor company, he's been a major ba backer of nucler energy. hdoug burgum was nominated for secretary of the interior and was named energy czar. trump has yet to announce the choice for treasury secretary. he was exec expected to choose d lutnick or scott bessent but now new reports are emerging that trump is considering former federal reserve governor kevin warsh and mark rowan. all four candidates reportedly invited to mar-a-lago this week to interview with trump for the role so we may very well hear his choice in the coming week, week and-a-half. liz peek, good morning. mark, cheryl and liz, your reaction, liz? >> i'm very excited to see all these people nominated to further the trump agenda, maria and for the most part that's what we're seeing. as far as the treasury pick, there are

north dakota governor doug burgum and chris wright prepared to start the agenda on day one.s going to do need only look at those two picks to know which direction he is headed. >> maybe it's frack, baby frack what's going on with the latest pick. president-elect donald trump wants to get his energy transition started on day one and one of the reasons he picks his energy secretaries so quickly like the energy secretary chris wright. the ceo of liberty energy. colorado based oil company. he will work with the president elect, interior department pick, north dakota governor doug burgum opening up lands for drilling as well as the gulf of mexico and reverse e.v. mandates. burgum said it is connected to oil and natural gas industry in the u.s. >> we have to focus. the administration under president trump focused on trying to solve problems and in nexus between energy and inflation and the nexus between energy and national security. >> oil industry groups like the american petroleum institute applauding the move. we should see inflation relief with a better energy policy. congress

you put on top of that chris wright who has been a true legend in the industry.just know oil and gas. knows n nuclear, knows geotherm. the team is going to put us back on the path of energy security and if we implement the five point road map, which i think we can, that's going to lay the foundation for our economic growth for decades and decades to come. maria: go through the five point plan, mike. >> so one of the first things that we think the president needs to do on day one is first of all to lift the lng pause that was put in place by the biden administration. this was a political plan that they put into place to -- as a stop to the environmental community. we know that liquefied natural gas produced in the united states is one of the most important environmental accomplishments that we've ever seen. in fact, if you think about what happened in russia, what europe did to cut off russian natural gas, the only reason they were able to do that was because of american natural gas. we were able to replace about 85% of the russian piped gas that was going into eu

chris wright -- excuse me, he's the energy czar. chris wright is the energy secretary.so great that we have people that have actually real world experience in oil can and gas and the rest of the energy sources. and and i think they're going to better position the united states' economy to come and prepare for the economy of the future which is going to demand not only a lot of oil and gas, but a lot of electricity, a lot of infrastructure building cans which is going to be great for the u.s. economy because i think it's going to add a couple percentage points to the gdp if we let oil and gas and power go to work. neil: yeah. all in on all types of energy as you always remind me, phil. thank you very much. phil flynn knows this market inside and out. >>> in the meantime, i don't know what you think of bitcoin. it's a rogue currency. a lot of people were pooh-poohing it, didn't think it had anywhere to go. right now it is hitting records day after day. it trades constantly. it's just teasing the $100,000 a coin level. then what? after this. here's something you don't see

felix el presidente electo anunciÓ este sÁbado la nominaciÓn del petrolero chris wright para el cargolÍferos, busca la mejora de las inversiones del sector privado y el dominio energÉtico para segÚn el reducir la inflaciÓn y expandir el poder diplomÁtico del paÍs. un juez federal anulÓ un plan de la administraciÓn biden de garantizar que las empresas le pagaran horas extras a los empleados despuÉs de las 40 horas de trabajo regular semanal. con un salario de menos de $58,000 al aÑo. dos licencias de fallo ser apelable y que destino podrÍa tener la medida. >> alejandra alarcÓn trabajo durante seis aÑos durante una compaÑÍa pero hace meses abriÓ su propio negocio de belleza. dejando asÍ de ser asalariada. >> la verdad cuando estÁ sujeta a un salario sabes que tienes horas largas de trabajo, uno no aplicaba para cobrar horas extras. afectaba porque trabajaba sin mÁs por el mismo salario. >> asegura que su decisiÓn no pudo ser el mejor momento, luego de conocer que un juez de texas lo que permanentemente a una norma de la administraciÓn biden que hubiera beneficiado a que unos 4 millones

announcing that chris wright, a campaign donor in fossil fuel executive will serve as energy secretary. >> reporter: and today, california senator elect, adam schiff, spoke on cnn's state of the union about mr. trump's questionable picks and whether they will even get confirmed. >> and that is trump's point. what he wants to do is establish the congress and united states will not stand up to him with anything. if they will confirm matt gaetz, they will do anything they want. >> reporter: and as the president-elect announces his nominee, he's making appearances. he was seen in new york city saturday night attending a ufc event, along with elon musk and robert f. kennedy jr. and his nominee to run health and human services. >> mr. trump is back in west palm beach, where we find our cristian benavides with this report. >> reporter: still basking from his election victory, president-elect donald trump received a roaring welcome and in new york city, where he attended an ultimate fighting championship event, sitting ring side along with kid rock and elon musk. trump's real fight may be on t

meanwhile, trump taps oil boss and fracking advocate chris wright as his energy secretary.he newly-formed council of national energy, and his lawyer, or william scharf, will be assistant to the president and white house of staff secretary as a the key treasury secretary role remains up for grabs. and what elon musk did is he weighed s in. he liked one candidate more, but then he put out a post on his platform, x, and he said would -- it would be interesting to hear more people weigh in on this for donald trump to consider feedback. my view for this, for what it's worth, is that the sense is a business as usual choice whereas howard lutnick will actually enact change. business as usual is driving america bankrupt, so we need change one way or another, but then he said, hey, what to do you guys think? joey: this is incredibly interesting. if you've watched him, been on x and. watched his involvement with the trump campaign, this is what transparent a city is. i think six, a ate months ago you'd look at that and be like, oh, man, he's trying to influence the decision president

now, this weekend trump revealed that he wants chris wright, the ceo of a fracking company, aas his energyretary. wright is also controversial. he's a climate change denier. jericka? >> cristian benavides, thank you so much. >>> tonight president biden is in brazil, where he became the first american head of state to visit the amazon rainforest. he went there to highlight the dangers of climate change and the need to turn away from fossil fuel. during his visit biden also made a not so subtle reference to climate change deniers. >> it's true. some may seek to deny or delay the clean energy revolution that's under way in america. but nobody, nobody can reverse it. nobody. >> cbs's willie james inman is in rio de janeiro tonight with more. >> reporter: good evening to you, jericka. before president bide anne riefd here tonight in brazil he attended the apec summit in lima, peru, and that is where he met his superpower rival president xi of china. now, this is likely the last time that both of these men will meet, and both leaders seemed to address someone not in the room, donald trump, who's

trump revealed he wants chris wright, ceo of a fracking company, to be his energy secretary.bs' ali bauman joins us live outside of trump tower in manhattan. >> reporter: president-elect donald trump is in the city tonight to attend an ultimate fighting championship event at madison square garden. the real fight is going on in d.c. where several lawmakers are raising concerns about his latest cabinet selections. as president-elect donald trump departs from florida for new york city saturday, many on capitol hill are spinning over his cabinet picks. >> i'm trying to be respectful. i believe in a smooth transition of government. his cabinet picks leave me worried. >> reporter: like marco rubio for secretary of state were expected, others are raising eyebrows including trump's pick for national intelligence, former congresswoman tulsi gabbard, rfk jr. to lead health and human services. fox news host pete hegseth for defense secretary, and former congressman matt gaetz for attorney general. gaetz had been the subject of a house ethics committee inquiry into allegations of sexual

. >> reporter: trump also victimming liberty energy -- selecting liberty energy ceo with chris wright for energy secretary. the oil executive took to x saying he will focus on making american energy more affordable, reliable and secure. wright also sits on the board of a nuclear reactor company, and he has been a major backer of nuclear energy. he'll also be a member of this newly-formed council of national energy. that council will be headed up by north dakota governor doug burgum when trump officially nominated for secretary of interior. trump also naming him energy czar. meanwhile, we are still waiting on trump to announce his choice for another high profile role, treasury secretary. trump has been expected to pick the ceo of cantor fitzgerald or key square management ceo scott bessent, but new reports say trump is also considering kevin warsh and apollo global management ceo mark row wan with. tennessee senator bill hagerty is also being said. here's what scott bessent said on november 4th. maria: you are a member of the economic team there in president trump's cabinet. what would

. >> we are talking about chris wright which is about $3 billion oil services energy. he says there is quote, no climate crisis but is very much aligned with president-elect trump's call to increase fossil fuel production. there are three key areas to watch looking forward. the first is a reversal of the biden administration pause on permits for new projects which sent the industry into temporary limbo last spring. the us is already the largest exporter but an abundance of domestic gas means exports could double by the end of the decade. next is pipelines which have faced a lot of permitting challenges especially for interstate projects. one reform that the industry is looking for his limitations on the duration of lawsuits. it's important to know that doe does not directly regulate this. it's congress but the energy secretary has an outsized role in communicating the energy policy of the us and can make recommendations. finally wright sits on the board signaling his support for the industry. there is an area we could see a continuation of current policies. >> i find i

let me walk you through a little bit of chris wright's biography, to give you a sense of who he is. he is a ceo of liberty energy. that is a company that services oil and natural gas extraction and production companies. he is he and his wife are together. major republican donors and in fact held a fundraiser for donald trump earlier this year. he is also someone who does not believe in climate change and has said things like there is no climate crisis, which, given donald trump's position on this issue, shouldn't be surprising, but it is notable given the department that he will be leading. he will. he will be joining a newly formed council of national energy, along with doug burgum, as well all right steve contorno for us with the latest on trump's latest pick and could be more tonight and throughout the weekend. >> again, thanks so much for that reporting, steve. meantime some members of the intelligence community are raising some national security concerns over former congresswoman tulsi gabbard, president elect trump has tapped her to be his director of national intelligence but

the president-elect's latest pick coming saturday, tapping fracking company ceo, chris wright as secretaryn't even been two weeks since the election and president-elect trump has already announced picks for more than half of his cabinet with just six top positions remaining to be named.>> and a big reversal, president biden will let ukraine use long-range missiles supplied by the u.s. to hit inside russia, until now, the president had resisted this position, concerned it could escalate the war in ukraine into something even larger. kelly o'donnell is traveling with the president in brazil, this move coming as he only has a couple months left in office, seems to send a message.>> reporter: exactly, good evening, this is a notable shift in policy, two u.s. officials tell nbc news that biden is getting ukraine the green light to use american- made long-range weapons inside russia. until now, president biden had restricted the use of american- made weapons to the ukrainian battlefield to prevent a bigger war, but the president is alarmed by north korea sending thousands of its own soldiers to

and fracking company ceo chris wright for energy secretary. to watch for this week, president-elect donald trump is expected to announce his picks for key economic positions. he has yet to name his choices for treasury, labor, commerce, and education. meantime, former hud secretary dr. ben carson has said he will not be joining the administration as surgeon general despite rumors that he was being considered for the role, michael. many more appointments to come. >> we will be watching. thanks. >>> for the first time president biden has given ukraine the green light to use powerful american long-range missiles for strikes inside russia. the weapons known as the army tactical missile system can travel about 190 miles, which could help stop russian forces from attacking ukrainian cities. the move comes as russia deploys thousands of north korean troops along ukraine's northern border to try to reclaim territory seized by ukrainian forces. it also follows the election victory of donald trump who's vowed to cut support to ukraine. cbs' chris livesa

every day if completed trump's new picture energy secretary chris wright calling a cornerstone of energy dominance, do you expect us to have a big impact on the growth that you are referring to. >> people don't need to expect me obviously when they close this pipeline down and they knew it was going to knock back a couple of years you have to have inspection to put people back to work and new permitting all of those things have expired. it is the thing to do we have to keep the big trucks off the roads into get in there at a cheaper price that's what president trump is looking at, he will do the start giving permitting backup for fracking and drilling, we need to do everything that we possibly can as another way we can pay our debt down is to be able to have plenty of oil and gas and sell it to people across the world, not just us but people across the world are neediness we need to put iran and russia in their place knowing right now they are making billions of dollars off of us not pumping oil and gas. maria: we will leave it there and we will watch your work, thank you for joining us