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Gaetz withdraws as Attorney General nominee amid allegations

Matt Gaetz withdrew as Attorney General nominee, citing distractions from allegations; Trump’s choice faced bipartisan opposition amid ongoing investigations.

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Former Florida lawmaker Matt Gaetz has withdrawn from consideration for the position of Attorney General amid sexual misconduct allegations.

Gaetz stated that his confirmation was becoming a distraction from the work of the Trump administration and he would no longer pursue the nomination.

His selection had generated surprise and opposition from lawmakers, leading to concerns about his ability to gain necessary support for confirmation.

President Trump acknowledged Gaetz’s decision, noting his respect for the administration’s work and expressing optimism for Gaetz’s future.

Gaetz had resigned from Congress shortly before being nominated as Attorney General and was under investigation by the House Ethics Committee for allegations related to drugs and sexual misconduct while in office.

Gaetz’s resignation

The committee’s report, which had been expected to be released soon, was halted due to Gaetz’s resignation.

While trying to salvage his nomination, Gaetz met with senators but faced feedback on the challenges ahead.

Trump’s preference for a more directly controlled Justice Department marked a shift from traditional practices and highlighted his past frustrations with former attorneys general.

Gaetz had the potential to align with Trump’s goals based on his criticisms of the Justice Department under the Biden administration and his support for individuals involved in the January 6 Capitol riot.

His withdrawal comes as new details from the ongoing House investigation continue to surface, compounding the issues surrounding his candidacy.

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December rate cut all but locked in

Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews

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Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews


Australia’s economy is losing steam, with weak consumer confidence, falling job ads, and a struggling construction sector, a December rate cut now seems inevitable. But it won’t be a win, it’ll be a warning.

#RBA #InterestRates #AustraliaEconomy #Inflation #Growth #Recession #FinanceNews #CPI #Economy #RateCut


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Meta and Amazon signal ‘AI efficiency era’

Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.

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Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.


The AI boom is shifting gears, Meta and Amazon are cutting jobs to boost automation, profitability, and focus.

Analysts say this marks the dawn of an AI discipline era.

#AI #Meta #Amazon #BradGastwirth #BigTech #Automation #TechJobs #AIRevolution #EfficiencyEra #FutureOfWork


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Trump signals trade deal with China nearing

Trump claims a China trade deal is nearing completion amid new agreements across Asia.

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Trump claims a China trade deal is nearing completion amid new agreements across Asia.


President Donald Trump says a trade deal with China is close as he finalises new agreements across Asia.

Talks with Xi Jinping are expected to deliver key breakthroughs in trade and diplomacy.

#Trump #China #TradeDeal #USAsia #XiJinping #Economy #Diplomacy #TradeTalks #WhiteHouse #GlobalMarkets


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