so having the elon musk as . a lot. so having the elon musk as trump _ a lot.lon musk as trump is my best friend - a lot. so having the elon musk as trump is my best friend is- a lot. so having the elon musk as trump is my best friend is prettyl trump is my best friend is pretty extraordinary _ trump is my best friend is pretty extraordinary. there _ trump is my best friend is pretty extraordinary. there is _ trump is my best friend is pretty extraordinary. there is certainlyl extraordinary. there is certainly going _ extraordinary. there is certainly going to — extraordinary. there is certainly going to he _ extraordinary. there is certainly going to be something - extraordinary. there is certainly going to be something in- extraordinary. there is certainly going to be something in it - extraordinary. there is certainly going to be something in it for. extraordinary. there is certainly. going to be something in it for elon musk, _ going to be something in it for elon musk, whatever— going to be something in it for elon musk, whatever his _ going to be somethin

he, elon musk, proposes. and we saw elon musk's power today as a lobbyist in the united states senate. he lost, and he lost very, very badly. in the very first vote by republican senators, they said we don't want what elon musk is selling. we don't want rick scott. the republican senator who said he wanted to cut social security and medicare. when elon musk recommends cutting social security and medicare to the senate, the senate finance committee won't even have a hearing on it, nevermind a vote on it. elon musk was humiliated today in his first big power play in the united states senate. elon musk was crushed and humiliated. and he was humiliated today by donald trump, who musk must at some point humiliate everyone around him to demonstrate his dominance over them. it is very likely that donald trump is the one sucking up to elon musk in private, because donald trump knows that he needs elon musk's money. and he needs elon musk's social media influence. but for donald trump, the only thing that matters is w

back to brownsville, texas, where trump is joining elon elon musk.there to gather with others including some lawmakers. ted cruz, don jr. is also there. they are waiting for the spacex or rocket. critics are saying this bromance between trump and musk is creating a conflict of interest. others say it is an taxpayers best interest. we are on it. that's why we're offering savings on select whirlpool appliances that help you sleigh the holiday season. save at lowe's now during our black friday buildup event in store and online. jon hamm: at st. jude, there's one thing that makes us all family-- finding cures, saving children. one in five kids in the us still won't survive cancer. join our st. jude family. we need you. please donate now. >> are you getting pumped for it. we are looking live at brownsville, texas. donald trump, donald jr., they are looking on with elon musk ahead of the next spacex launch. we will get the read on this as we look at these live pictures and the rocket positioning for launch. this is going to be the sixth launch, the largest

did elon musk comply? well, while starlink's parent company says it is because of taiwan ease ownership requirements, starlink is still not available in taiwan. hmm. >> oh. let me tell you, we have a new star. a star is born. elon. he's a character. he's a special guy. he's a super geniuses. we have to protect our geniuses. we don't have that many of them. we have protect our super geniuses. >> joining me now is michael wooes and teddy, reporter for "the new york times", focussing on billionaires and their influence in american politics. a beat with a lot to cover. guy, thank you for being here tonight. michael, let me start with you in terms of this access. does it come as any surprise, but the audacity of having elon musk listening in on these phone calls between world leaders as trump navigates his transition is profoundly alarming in a moment when nothing should alarm, this is extraordinarily alarming. what do you make of it? what is your initial thought? >> you used the word kleptocracy, but there's a

in this case, elon musk. quote, elon won't go home. i can't get rid of him. i had never heard of texas republican congressman troy nell who's just got elected to his third term. today he was entered into the record books for saying the stupidest thing about a president. he had no idea, obviously, that he was contradicting the very design of the relationship between the house representatives and the president that the founders wrote into the constitution. and in the process, he erased the line between church and state because he in effect said donald trump is god. when he said donald trump is never wrong. >> if donald trump says jump three feet high and scratch your head, we all jump three feet high and scratch our heads. that's it. he has a ten-pound brain and we need to take advantage of that. donald trump is never wrong. think about it. he's never wrong. >> joining our discussion is democratic senator tammy baldwin who just would have been her third term. senator, thank you very much for joining us tonight. >> a delight to join you. what a powerful opening.

sorry to interrupt, the question would be if elon i said.usk gets some role in the cabinets at the white house, what role he would have and also what influence you can exert. the question will be what his motivation is? is he there to advocate for things like tesla and twitter and space or be a lobbyist or influence for the common good, people will wonder about his motive. i5 common good, people will wonder about his motive.— about his motive. is he doing this for idealistic _ about his motive. is he doing this for idealistic or - about his motive. is he doing this for idealistic or for - this for idealistic or for the sick of our say that answer is yes, it is both, possibly an actual —— inextricable, and we can't deny the fact that tesla is cars which are regulated, sam wood space and starling, he is reliant on the government regulation and government contracts, there's a lot of government federal money that goes to his companies, so we can ignore that. however, i also think that elon musk has a strong philosophical philosophical and ideolo

elon musk didn't even get his own press release from donald trump. he had to share it with vivek ramaswamy. elon musk got the first shared press release of any of donald trump's appointment announcements. even the fox host who isn't even the richest person at fox got his own press release from donald trump when donald trump announced that he would nominate pete hegsef as secretary of defense. a fox weekend morning host. for secretary of defense. today was the silliest day yet in the trump personnel announcements. we will get to more of them in a moment. but first, votes are still be counted in america tonight. the pennsylvania senate race remains too close to call. when that election is decided the republicans will have 53 senators if they win in pennsylvania. to the democrats' 47. if bob casey wins the republicans will have 52 senators to the democrat's 48. late last night, arizona democrat ruben gallago defeatedt kari lake. seems the republicans are likely to control the house of representatives as of this hour. republicans have 216 seats in the ho

for elon musk. and so elon musk lobby donald trump, both publicly and privately, urging him to choose howard let nick. and donald trump said, no. that is exactly how it's going to work with elon musk, will play robin to musk's batman, advised donald trump on what budget items the president should cut. elon musk will then discover that the president doesn't have the power to cut the budget. that power belongs exclusively to congress. and elon musk will then have to lobby congress to cut the budget. elon musk has promised to cut $2 trillion from the budget of the united states of america. and i have promised you that that will not happen. in fact, anyone who knows anything about the budget of the united states can promise you that that will not happen. it is highly doubtful that elon musk will be able to take credit for any budget cuts in the american government. even though donald trump has assigned him the title of a job that does not exist, the director of the department of government efficiency. a

elon musk told republican senators the case was closed and republican senators said hell no to elon musk. and to donald trump at the same time. elon musk struck out with republican senators. and his striking out with republican senators may be the most important longer-term story to e emergency from the gaetz nomination. elon musk tested his strength as a lobbiest with lobbiest. he lost three times in a row. and three of them against all of them. senior members of the senate appropriations. susan collins will be the chair of the committee. she said hell no to elon musk today, and mukowsky and mcconnell may be the mitch mcconnell of the 1990s. and that senate when he was chairman of the senate's ethic committee and he investigated the powerful republican chairman on sexual harassment charges and mitch mcconnell led the senate ethic's committee to recommend the expulsion of that republican senator. no one in the senate was surprised in those days when mitch mcconnell did that. mitch mcconnell was regarded then as an honorable senator who would approach the work of the ethic's committee wit

they will have direct relationship to elon. it is not only about elon. who is to say. foreign affairs are kind of, what is truth in foreign affairs could be very much driven by elon's personal relationship. >> friend of the show, and personal friend ben rhodes has an op ed in the new york times and he writes among other things the play book for transforming democracy into a soft autocracy is clear, redraw districts, change voting laws. harass civil society. pack courts with judges willing to support power grabs, enrich cronies through corruption. turn them into right wing propaganda. use social media to energize supporters. it's like check, check, check, check, check. really feels like it. >> it happens very slowly. not overnight. people have this characterture that it would be another january 6th. suddenly you are installed into power. no. it is death by a thousand cuts. hungary has done it. turkey has done it. and i keep coming back to russia, putin has spent the last two decades doing this. and again, what is the relationship between oligarchy and power? look at the

out elon musk to elon musk is america's shadow president. elon musk set stage to act as trump's co-president. elon musk has a new project run. trump's government and the french president emmanuel macron is expected to invite trump to visit right? but guess what else? he's inviting trump and musk to come to paris for a summit brazil's first lady took on musk using an expletive to the billionaire during a panel on disinformation putting it on him. all right, we have a lot to cover. she's live in west palm beach to begin our coverage. kristen, you have some new reporting tonight on another major trump administration announcement. what are you learning right now? >> well, erin, we were told we finally might get that announcement of who is going to be treasury secretary. i am told it is expected to come as early as tomorrow. now just a reminder in a caveat, we were told this was coming last friday however, this has been an ongoing issue because of what was going on behind the scenes. donald trump had been set to pick hedge fund manager scott bess

familiar agencies if you are elon musk.on top is because musk would be an adviser to donald trump and not an actual government employee musk to be confirmed by the senate, nor would he have to divest from any of the companies overseen by the agencies that elon musk would now be overseeing. spacex's flight with the government in boca chica are really just the tip of the iceberg here. elon musk office companies have been targeted in over 20 recent investigations or reviews by federal regulators, and now elon musk has the president's ear. trump is literally attending elon musk's rocket launches, and potentially giving him free range to cut the government agencies elon musk has problems with not to mention all of the money musk stands to make on government contracts alone. we'll get into that and much more coming up next. next. ♪♪ playing games! ♪♪ dancing in the par... (high pitched sound) (high pitched sound) (high pitched sound) autumn is here. that means if you don't have leaf filter, you're stuck dealing with leaves, debri

just look at elon musk.>> i'm not just maga, i'm dark gothic maga . america is going to reach heights that it has never seen before, the future is going to be amazing. massive crushing victory, he had everyone, friends, family, people on the streets, put the signs up, put the hat on, let's go. >> the charismatic billionaire spent $130 million of his own wealth to get trump elected, that alone is unheard of, as far as we have records of, nobody has ever done that before, elon musk also bought twitter for $44 billion and drove its value into the ground, essentially setting half of that money on fire. in order to turn the social media platform into a right- wing propaganda machine to get donald trump elected and it kind of worked. and not just to get trump elected to make the world's richest man even richer.>> tesla among this week's biggest gainers, up 20%, forced and fueled by the president-elect victory, that surge raising the net worth of elon musk. >> trump isn't even president yet but the mere fact he will be has investors flocking to invest in elo

elon musk does.o be on the call, interesting giving it speaks to how much donald trump likes elon musk and being around him , and how much you trust him he wants him on the phone call as key as this one. >> yes, i think it is a trust thing, i think that donald trump's likes to impress other people and elon musk is the richest man in the world. that is one way of showing off for zelenskyy . it is something of a dominance plate, elon musk has a relationship with vladimir putin, i do not think that is completely out of donald trump's head when doing this. the call attracted a lot of attention, various connections with elon musk to the government an interest in government contracts and so forth , will be a big discussion in the coming months. >> his starlink contract expires at the end of this month, on november 30th . judging from how donald trump has brought in billionaires before or how he views them, how much influence do you think elon musk will have on what a second donald trump term could look lik

certainly, elon musk is somebody that l elon musk is somebody that donald trump, so much of elon muskh, his time went into helping donald trump and they both on the campaign trail spoke about this government efficiency department that mr musk would run to cut back on regulations. and we are indeed seeing stock markets react to some of the perhaps plans they expect to see by donald trump to cut business regulations moving forward. so i think it is likely while elon musk probably will want to stay in the private sector and keep running his companies like tesla and spacex, he could have some sort of role in that kind of office and certainly, donald trump's here. you also have the likes of marco rubio being floated, the senator of florida, as someone who could be a secretary of state. again, someone who is seen as a loyalist of donald trump's, even though once, he criticised him. but he has a long time been a loyalist to him. others perhaps like mike pompeo, who was his former cia director among other roles, could perhaps come back. so certainly, lots of names and no shortage of options.—

matt: elon musk's big bet on trump. he will now find out whether it pays off or he ends up getting burned. katie: next, the fed takes center stage. trump's victory raises big uncertainties for the central bank. let's take a look at these markets. you have the s&p 500 up one point 8%. the nasdaq 100 regaining his lead over the s&p 500, up about one point 9%. small caps in charge right now. what is amazing is the volume now according to my screen, more than one hundred percent higher on the s&p 500 versus its 20 day average. the bond market has been holding the sell off all morning, 10 year yield higher by 18 basis points. volatility in the equity market holding off a little and gold, not a haven bid to be found. matt: absolutely fascinating and pretty extreme market moves after that election, which itself was fascinating and extreme. let's continue our coverage of the presidential win by donald trump. he delivered his remarks to supporters in west palm beach this morning. these remarks came after it was clear he would no

musk is able to deliver for the chinese i don't know i would want to be elon and making the chinese disappointed with me. >> interesting point. jack: unfortunately back to leave it there we have a lot to talk about over the next four years. market seeing a trump bump as election results drive up stocks but what does trump's victory after careful review of medical guidance and research on pain relief, my recommendation is simple: every home should have salonpas. powerful yet non-addictive. targeted and long-lasting. i recommend salonpas. it's good medicine. ♪ hisamitsu ♪ jack: the election triggering drive under dramatic terms in the knee jerk are durable shifts what investment opportunities remain let's go through the sectors, healthcare a lot of government influence their. >> normally a sector after the election they can go after drug prices and that sort of thing not this time around it's all about robert f kennedy junior who is probably the most prominent anti-vaxxer out there we saw a reaction from moderna to trump's election because it is worries that they will go after vaccine

those trying to influence trump into hiring their pics but one person has loomed over all of that, elonk. multiple sources say he has been there every day since donald trump won dining with him on the patio and today they were sitting at the golf course together and musk has been in the room when world leaders has called trump and he is also weighing in on staffing decisions making clear his preference on certain roles and publicly he is backing ricks on as the next leader of the republican conference to replace mitch mcconnell. and while musk himself is not expected to take any formal position inside the administration given how complicated it would be with his companies, what is clear is that he doesn't really need to and with one source saying elon musk has just as much influence from the outside and with trump on the verge of announcing new hires including those who served in his last administration, he confirmed there are two that won't be asked back. nikki haley, who served as ambassador to the united nations and mike pompeo the cia director and secretary of state the last time ar

now, elon musk has the presidents year in trump is literally attending the rocket launch for elon muskhim free rein to cut the very government agencies that elon musk has problems with. not to mention all of the money that he stands to make on government contracts alone. and we will get into that and much more coming up next. >> if you are feeling out of step. of step only purple's gel flex grid passes the raw egg test. no other mattress cradles your body and simultaneously supports your spine. memory foam doesn't come close. get your best sleep guaranteed. save up to $1,000 during our blackfriday sale. visit purple.com or a store near you. when did i call leaffilter? when i saw my gutters overflowing onto my porch. leaffilter is a permanent gutter solution, so you never have to worry about costly damage from clogged gutters again. schedule your free gutter inspection now and save up to 35% with leaffilter's black friday deals. >>> following donald trump's election win, the world 10 wealthiest billionaires got a record $64 billion richer according to bloomberg's daily ranking in the ma

some people love elon musk, some people hate elon musk.ch is elon musk�*s association with chubb has opened the door to a whole range of technologies, business leaders, other people who would have otherwise avoided a second chubb administration. many of whom are now very eager to serve in government. —— trump administration. some may not have liked trump in the past but that has actually opened the door to a different and deeper bench of folks to go in. whether or not elon musk should be playing the foreign—policy role i don't know but i do think it is encouraging there is a set of folks who wouldn't have gonein is a set of folks who wouldn't have gone in who are now considering doing that. elon's role alongside the seam to be president is a good thing. the seam to be president is a good thin. ., , ., the seam to be president is a good thin. ., y., ., ,, the seam to be president is a good thin. ., ,, . ~ we the seam to be president is a good l thing-_ we know thing. how did you take it? we know that elon musk— thing. how did you take it? w

familiar agencies, if you are elon musk.ecause musk would just be an adviser to donald trump and not an actual government employee, musk wouldn't have to be confirmed by the senate, nor would he have to divest from any of the companies overseen by the agencies that elon musk would now be overseeing. and spacex's fights with the federal government in boca chica are really just the tip of the iceberg, here. elon musk companies have been targeted in more than 20 recent investigations or reviews by federal regulators. and now, elon musk has the president's ear. trump is literally attending elon musk's rocket launches, and potentially giving him free rein to cut the very government agencies that elon musk has problems with. not to mention, all of the money musk stands to make on government contracts alone. we will get into that and much more, coming up, next. next. easy to apply for the whole family. vicks vapostick. and try new vaposhower max for steamy vicks vapors. hey, everybody. w. kamau bell here. they say that america is t

we have a new star, a star is born, elon. the elevation of- is born, elon.n, elon. the elevation of musk. whose _ is born, elon. the elevation of musk, whose rockets - is born, elon. the elevation of musk, whose rockets are - is born, elon. the elevation ofj musk, whose rockets are used is born, elon. the elevation of. musk, whose rockets are used by nasa, would give him extraordinary levels of power at the heart of government and business. he wants to oversee what he calls government waste. critics think that could lead to sucking large numbers of federal workers. during the campaign, he launched a $1 million a day giveaway to find likely republicans in swing states and register them to vote. i am notjust maga, i am gothic maga. when trump won, musk posted a meme of himself in the oval office. let that sink in, he said. there may also be roles for donald trump's family, building this dynasty in the white house. my family, building this dynasty in the white house-— white house. my father has always said the peeple _ white house. my father has always said the

musk is able to deliver for the chinese i don't know i would want to be elon and making the chineseisappointed with me. >> interesting point. jack: unfortunately back to leave it there we have a lot to talk about over the next four years. market seeing a trump bump as election results drive up stocks but what does trump's victory your business needs a network it can count on... even during the unexpected. power's out! power's out! -power's out! power's out! -power's out comcast business has you covered, with wifi backup to help keep you up and running. wifi's up. let's power on! let's power on! let's power on! -let's power on! it's from the company with 99.9% network reliability. plus advanced security. let's power on! power on with the leader in connectivity. powering possibilities. comcast business. power's out. jack: the election triggering drive under dramatic terms in the knee jerk are durable shifts what investment opportunities remain let's go through the sectors, healthcare a lot of government influence their. >> normally a sector after the election they can go after drug pr

how— elon musk actually supported. how can— elon musk actually supported. and a suicide race, but they were in a fair way so everybody _ but they were in a fair way so everybody can benefit from the opportunities that al brings? that— opportunities that al brings? that is— opportunities that al brings? that is the trillion dollar question, isn't it? the true answer is that basically there is always a fundamental trade—off between short—term growth and long—term systemic risk. a form of animation i believe should have been stifled, bad bond during that lead financial crisis. these were a new innovative form of financial product, and they lead to a huge market crash that harmed millions of people. but some people got really rich and they innovated a lot. it is and they innovated a lot. it is a question of how can we get the good kind of things that we want while mitigating no downsides? i think there is plenty of very fair criticism of the eu ai act, that maybe it has set the wrong trade—off. but i think it is important there is always a trade—off, thatis the

um, president elon musk, america elected donald trump and it turns out elon musk to elon musk is america's shadow president. elon musk set stage to act as trump's co-president. elon musk has a new project to run trump's government um, governor pawlenty how does all this turn out ultimately have one star of the show, and that star of the show is going to be donald trump because he has the power and the decision making authority. >> however, whether this administration has elon musk for six months, 12 months, 18 months, 24 months, i'm in favor of him leaning in. he is innovative, he's inventive. and by the way, you don't get to be that level of creative and inventive without having some degree of eccentricity. and he is he is a brilliant, eccentric genius. and if he throws out 100 ideas and you know some number of them are bad or ridiculous so be it. but trump campaigned on the notion that we're going to break the mold we're not going to have traditional people and having elon musk and some other people around that are mold breakers who aren't going to color inside the lines is actually, i t

musk is able to deliver for the chinese i don't know i would want to be elon and making the chineseisappointed with me. >> interesting point. jack: unfortunately back to leave it there we have a lot to talk about over the next four years. market seeing a trump bump as election results drive up stocks but what does trump's victory it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. jack: the election triggering drive under dramatic terms in the kn

elon.nd different parts of pennsylvania campaigning. i saw that rocket and i saw it coming down, and it was beautiful shiny white when it came down. it was going 10,000 miles an hour and it was burning like hell. i said, would happen to her paint job? he said, we never made a paint that could withstand that kind of heat. but i saw it come down and turn around, and it's like 22 stories tall, by the way. it looks a little smaller than that, but it's big. you saw that fire burning and i said only elon can do this. i tell this story, i had the screen muted, no sound. he happens to be here, a very important guy. one of the most important people. i would say in the country, actually. i was president and now it looks like i'm going to be president again. especially because you going be president again. i'm see this crazy thing that looks like it's going to crash into the gantry. i said, oh, no! do me a favor, do you mind holding? i thought it was a space-age movie or something. i put the phone dow

musk is able to deliver for the chinese i don't know i would want to be elon and making the chinesepointed with me. >> interesting point. jack: unfortunately back to leave it there we have a lot to talk about over the next four years. market seeing a trump bump as election results drive up stocks but what does trump's victory mean for investors beyond the market rally. that is next. ♪ ♪“home” by edward sharpe and the magnetic zeros plays♪ [dogs barking] “hi sweetie pie” ♪ ♪ ♪ ♪ ♪ ♪ [cats purring] ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [sofi mnemonic] (♪) can a mortgage move you forward? absolutely. sofi has helped over 130,000 people take the leap toward home ownership. sofi mortgage. verified pre-approval. low down payment options, and a on-time close guarantee. ♪ ♪ with so much great entertainment out there... wouldn't it be easier if you could find what you want, all in one place? my favorites. get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. jack: the election triggering drive under dramatic terms in the knee jerk are durable sh

he's in a bunker, russian troops are amassing outside, and he's like, "don't put elon on, don't put elonelon! yes, i did see you jump very high. yes. very cool, man, very cool! oh, yeah, the hat looked radical, man, cool." i guess because elon provides ukraine with internet through his satellites, this was basically a customer service call. which means when they put elon on the phone, zelenskyy was probably like, "ugh, i hate it when these things make you talk to a robot. human operator! human operator!" so now elon is by the president-elect's side, with no oversight, or security clearances, or even a title! >> responding to speculation about his position in the new administration, musk posted on x: "i'm happy to be first buddy!" >> jordan: oh. you know what, let's go back to not having a title. "first buddy" sounds like a sequel to "air bud" where we elect a golden retriever to be president. which, frankly, i would take at this point. just -- [cheers and applause] it looks nice. just keep it away from kristi noem. you know? for more on the relationship between trump and musk, let's go l

elon musk needs donald trump. i would argue donald trump and the republicans need to elon musk.here are other positions of power within the u.s. government. will there be checks and balances? max: you have to look at the past trump presidency and the character of elon musk and donald trump. these are not guys who pay close attention to the rules. we will see a lot of conversation about potential ethics violations. should a guy who owns a major defense contract be giving the u.s. government advice on defense personnel? that's probably going to run afoul of ethics. do i expect that to slow down elon musk? no. ed: palmer lucky is a major contractor and he was giving loads of advice to the future administration. max: there is a difference between giving advice and being part of the white house. ed: it's the only question, formal or informal role? i promise i will try to find out. caroline: that's it for this edition. we did get through a lot. earnings, the fed, the election. ♪ ed: check out the pod. thank you. this is bloomberg. ♪ ♪ ♪ - [female narrator] they line up by the thousand

elon musk lobbied them and lobbied hard to vote for matt gaetz. the richest person in the world who spends all day every day with donald trump lobbied both senators to vote for matt gaetz and they said no and they were not the only ones. >> i know enough people that said no that the path would have been very difficult. >> elon musk will be the best positioned lobbyist in washington while the rest of us will have to write letters to congress. elon musk it can get any republican member on the phone and the second and tell them what he wants them to do and he can public the issue his orders to congress as he has done repeatedly to the senate since he became donald trump's constant companion and the senate has ignored him each time. elon musk publicly urged senators to vote for rick scott as the senate majority leader. that was taken in secret and elon musk candidate came in third. that was strike 1. than elon musk lobbied donald trump to choose howard lutnick for treasury and again he went public urging donald trump to choose howard lutnick and donal

elon musk seems to be everywhere at all times. is like secretary of everything and at the same time he's like first lady. the other day i saw this picture of him. it was a picture of trump with his entire family except milan you, but elon musk was there and now you hear about this. there is also conflicts of interest. this is somebody who has contracts with the department of defense. this is somebody who has starlink and it's in ukraine. i find it a little weird but as scott said, they won, he gets to do whatever he wants and if he wants elon everywhere, all the time, that's what's going to happen. >> it's unusual but not surprising. >> i think elon musk will go down as the single most important and influential person in the trump administration. he is in charge of the information flow with x or misinformation sometimes. he is in charge of what is going on in ukraine. it is basically ifederal bureaucracy and tried to figure out what departments and people to cut he is basically going to be in charge and influencing every aspect of

doge that he has stood up essentially for, for elon to use elon would go out on the trail and talk about how he had plans to cut $2 trillion in federal spending to just go in there and hack and slash, get rid of enormous portions of the federal bureaucracy. some of that is simpatico with with what donald trump wants to do. but but when when elon would talk about things like, you know, cutting entitlements and things like that, stuff that donald trump hasn't wanted to touch in years. and so when when you actually get in there, when, when elon starts, you know if he has his own platform, obviously if he is talking a lot about things like touching social security or medicare or medicaid stuff like that, that donald trump doesn't want anything to do with, i mean, we will see how long that that that can really last. >> let's dive into that a little bit more just about how he's going to deal with this so-called department of government efficiency doge, as it's known, mike johnson the speaker of the house, invited him to come to capitol hill next week. we expect to see them i'm sure there'll be

these are things that elon musk has complained about.e said if forgetting to mars i need the shackles of regulation removed. people in the countryside really to benefit from those regulations when it comes to environment the protections, when it comes to other things that -- this behavior in the market for example. what he is seeking could actually create harms for people who don't have the same degree of insulation from some of life's inconvenience he's the world's richest man does enjoy. caroline: it was said that peter thiel reminded us to not take president-elect trump literally but taken seriously. do we take literally a cut of $2 trillion that elon musk set on the campaign stage or is that more we take it seriously, the direction of travel? michael: the direction of travel certainly is something to watch. in terms of taking it seriously or literally, that is going to be a very difficult number to reach. here's why. that is more than the government spends annually on operations. basically cannot find enough savings at all the agenci

plus donald trump plans to appoint elon musk in a new government role, hoping the world's richest man can make america's economy more efficient. and the indian grocery delivery at swiggy appears to be a hit with investors despite still showing a negative bottom line. welcome to business today, live from new york. we will have more on that inflation data in a moment but first we want to bring you pictures of donald trump's plane at the joint force air base. he is landing in washington, dc, and in a couple of hours will be meeting with joe couple of hours will be meeting withjoe biden. this is a conventional meeting that would typically see as part of a handover between the current sitting president and the president—elect. there you can see his plane, just bringing the stairway to the plane. we are helping him step onto the tarmac. not clear if he will say a few words but there's been a flurry of activity from the trump camp in the last few days as he has been pushing forward with filling his cabinet over the last 2a hours and we heard about the billionaire elon musk and the ramaswamy

but former trump aide steve bannon says, quote, elon and i disagree on some things but elon deserves his place at the table. look, he stroked $150 million check for the ground game, which is not sexy at the exact moment we needed it. he came in with the money and the professionals to be brutally frank, it's the reason we won and trump's rewarded musk's since by naming him co-chair of doge, along with vivek ramaswamy, both of them getting big shout outs at mar-a-lago elon musk, elon likes this place. >> i can't get him out of here. he just likes this place and you have vivek ramaswamy. he's working with elon on efficiency. they're working on efficiency, among other things, and they're going to be saving a lot of money and making our country stronger and better now musk and ramaswamy are expected on capitol hill next week when speaker mike johnson says they'll address house and senate republicans to discuss, quote major reform ideas my inside source on this story is everett kelley. >> he's the national president of the american federation of government employees. he represents more tha

both of them getting big shout outs at mar-a-lago elon musk. >> elon likes this place. i can't get him out of here. he just likes this place. and you have vivek ramaswamy he's working with elon on efficiency. they're working on efficiency, among other things, and they're going to be saving a lot of money and making our country stronger and better now, musk and ramaswamy are expected on capitol hill next week, when speaker mike johnson says they'll address house and senate republicans to discuss, quote, major reform ideas. >> my inside source on this story is everett kelley. he's the national president of the american federation of government employees. he represents more than 800,000 federal workers. everett, thank you so much for being with us tonight. you say that these threats from musk are designed to terrorize federal workers. i wonder what you're hearing from them well thank you for having me. >> first of all, you know these threats, you know they are uncalled for first of all, real leaders do not behave like this, right? real leaders don't terrorize and instill f

i said only elon can do this. it must be elon. i told this story last night. i had a man on the phone. i had the screen muted with no sound. i was talking to a very important man that happens to be here tonight. a very important guy. one of the most important people in, i would say, the country, actually. i was president. now it looks like i was going to be may be president again. so i figured i could ask him to hold. i asked him to hold. especially because you are going to be president again, they hold. i took the phone down and i am looking at the screen. seeing this crazy thing going down, coming around looking like it is going to crash into the gantry. i said, no, do me a favor. do you mind holding? i want to see this. i thought it was a space-age movie or something. i put the phone down. i did not pick it up for 45 minutes and he was holding. the spaceship came down. i saw the engine's firing. it looks like it was over. it was going to smash. then i saw the fire pour out from the left side. then put it straight. then it came down so gently. it wraps arms

elon musk is good at making money.n in the world and is skilled at dealing with governments and makes money from government contracts, no matter which party is in charge. tesla took about $0.5 billion from the obama administration and his ongoing contract will extent between biden and trump. he bet on trump with $200 million in political spending. plus, turning twitter into a much friendlier maga zone . nothing new or seemingly inspiring about a business titan getting richer off your tax dollars were cozying up to whoever is in power and musk knows that. he's put energy into people rather than welfare recipients. wearing gladiator season. let's just say it's all of rome's politics. >> take away their freedom and still, they will war. it's the sand of the colosseum. >> this reality show veteran certainly wants to get the crowd roaring. they just attended a spacex launch and it reinforces that yes, musk built big businesses while their romance has benefited. >> as you can see, i'm not just maga, i'm dark maga. >> he's a

— were supporting her but it does feel that elon musk— were supporting her but it does feel that elonl media that affect how. social media that affect how people _ social media that affect how people vote _ social media that affect how people vote what _ social media that affect how people vote what happens l social media that affect how. people vote what happens but social media that affect how- people vote what happens but it does _ people vote what happens but it does create _ people vote what happens but it does create this _ people vote what happens but it does create this buzz— people vote what happens but it does create this buzz and - does create this buzz and momentum _ does create this buzz and momentum and - does create this buzz and momentum and it- does create this buzz and momentum and it will. does create this buzz and momentum and it will bej momentum and it will be interesting _ momentum and it will be interesting to— momentum and it will be interesting to see - momentum and it will be interesting to see what l momentum and it will be - interesting to see what happens

and even somewhat elon's friends expected. you know, they knew that he cared a lot about the stakes of the election. obviously, they knew that he controlled twitter and you know, obviously that wasn't going to end after election day. but elon musk has involved himself in a way that he frequently does, meaning rolling up his sleeves, getting personally involved, no detail is too minute. and you know musk, who runs, you know, 3 or 4 other companies at the same time is investing his time in this. i mean, elon musk has been at mar-a-lago basically nonstop since election night, and that just tells you just how in the weeds he's getting. he's in every meeting. he's weighing in on every decision. um, you know, he's not even technically on the transition committee. there is a transition committee of 5 or 6 people, including jd vance, uh, donald trump jr., people like that. uh, elon is not on that yet in some ways, that's because he outstrips the entire committee itself. >> trump announced that elon musk will now co-lead a new governme

one of those appointments will be elon musk.will oversee a new "department of government efficiency" alongside mr trump's one—time rival for the republican presidential nomination, multi—millionaire vivek ramaswamy. mr trump has also announced other appointments and nominees. first up, the governor of south dakota, kristi noem has been named as the secretary of homeland security. she's expected to oversee one of mr trump's key election promises, the planned mass deportation of millions of illegal immigrants. donald trump says he plans to nominate former director of national intelligence, john ratcliffe, to serve as the director of the cia. he's previously criticised the biden administration's middle east policy and called for a tougher stance on china. also on the list, fox news channel host and army national guard officer, pete hegseth, is expected to be appointed as secretary of defence. taking a look at the middle east, the president—elect has nominated new york real estate developer, steve witkoff, to be his special envoy to

or worse, elon, go cut $3 trillion, cut social security and medicare. >> the problem is elon musk's one person and may be because he is in his own right a bit of a celebrity with his company and profile, i'm more worried about the people behind the scenes, the people that we don't know, the people working for years on behalf of trump. and who have much more, i don't want to say more sinister agendas but perhaps more specific agendas we don't know about they may be setting in motion . >> that also scares me, the first administration there was some form of guardrails, some form of established politicians or career in politicians in the white house attempting to slow down trump, attempting to ensure that his worst instincts would not be exposed. now we are staring at the possibility, elon musk and who knows, that idea of trump without rails is pretty scary. >> i think one of the things interesting to watch is how actually effective these people are. project 2025, one of the things that is fun about that, completely clashing ideas between chapters about things that are important to the cons

because elon musk has done an incredible job with the space program. the problem is he also has a conflict of interest with having this many government contracts. ordinarily you wouldn't want anybody with those conflicts of interest helping to make policy. but we don't care any more, apparently. there are down sides to this new way. and also elon musk has a disproportionat e amount of power and leverage over ukraine. ukraine wanted to go much more hard against russia and elon musk said you cannot go hard against russia. you have a private citizen dictating the terms of a war. sitting next to the president of the united states on a phone call. this is all weird. it might work out great. let's not pretend this is normal. this is all really weird stuff. >> the thing about the pentagon discussions at the pentagon. i don't know what level this is. i guess it's understandable they'd have these discussions. scott, is it -- >> look, i don't like this. what's donald trump supposed to think? he's sitting down there president-elect and he's got to read in the new

his name is elon musk. multiple sources have told me tonight that musk has been seen at mar-a-lago nearly every day since trump won, dining with him on the patio at times. today they were seen on the golf course together. musk has been in the world when world leaders have been on the phone with trump, and he's making clear his preference for certain staffing decisions. tonight he's backing florida senator rick scott as the next leader of the republican conference to replace mitch mcconnell. while musk himself is still not expected to take any formal position inside trump's administration given how complicated it would be with his companies, what's becoming clearer tonight is he doesn't really need to. with one source telling me elon musk is having just as much influence from the outside. with trump on the verge of announcing some new hires, including several people who served in his last administration, he did confirm today there are two who will not be asked back. nikki haley, who served as his ambassador

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