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Kosovo arrested several suspects on Saturday after an explosion at a key canal feeding two of its main power plants, while neighbouring Serbia rejected accusations of staging the blast. The explosion on Friday near the town of Zubin Potok, which sits in an ethnic Serb-dominated area in Kosovo's troubled north, damaged a canal that supplies water to hundreds of thousands of people and cooling systems at two coal-fired power plants that generate most of Kosovo's electricity. As security forces swarmed the area around the canal, whose concrete walls were left with a gaping hole gushing water, Prime Minister Albin Kurti visited the site and announced that authorities had arrested several people. Law enforcement "carried out searches" and "collected testimony and evidence, and the criminals and terrorists will have to face justice and the law", he said. Calling it "the most serious attack on critical infrastructure in Kosovo since the end of the war", Interior Minister Xhelal Svecla told the press that police had detained eight suspects. Police chief Gazmend Hoxha said that his office had seized "200 military uniforms, six grenade launchers, two rifles, a pistol, masks, knives" in the operation. "This is not a trivial attack, it was an act prepared by professional terrorist organisations," Svecla added. The arrests follow a security meeting late on Friday, when Kurti pointed the finger at Serbia. "The attack was carried out by professionals. We believe it comes from gangs directed by Serbia," he told a press conference, without providing evidence. Serbian President Aleksandar Vucic hit back on Saturday, denying the "irresponsible" and "baseless accusations". "Such unfounded claims are aimed to tarnish Serbia's reputation, as well as to undermine efforts to promote peace and stability in the region," he said in a statement to AFP. Serbian Foreign Minister Marko Djuric had earlier suggested on X that the Kosovar "regime" could itself be behind the blast, calling for an international investigation. The main political party representing Serbs in Kosovo, Serb List, also condemned the attack "in the strongest possible terms". AFP journalists at the scene saw water leaking heavily from one side of the reinforced canal, which runs from the Serb-majority north of Kosovo to the capital, Pristina. However, electricity supplies to consumers were running smoothly on Saturday morning, with authorities having found an alternative method to cool the plants, said Kosovo's Economy Minister Artane Rizvanolli. Repair work was ongoing, authorities said, while Kurti confirmed workers had managed to restore water flows to 25 percent capacity. The European Union denounced the explosion as a "terrorist attack". "It is a despicable act of sabotage on Kosovo's critical civilian infrastructure, which provides drinking water for (a) considerable part of Kosovo's population and is a vital component of Kosovo's energy system," the bloc's top diplomat, Josep Borrell, said in a statement. The United States, France and Turkey joined the international condemnation of the attack. "We call on all parties to exercise restraint to avoid escalation in the region," Turkey's foreign ministry said. The NATO-led KFOR peacekeeping mission for Kosovo likewise called for restraint. "It is important that facts are established and that those responsible are held accountable and brought to justice," it said in a statement. The force is providing security in the surrounding area and has offered logistical, explosives removal and engineering support to the Kosovo authorities, it added. Animosity between ethnic Albanian-majority Kosovo and Serbia has persisted since the end of the war between Serbian forces and ethnic Albanian insurgents in the late 1990s. Kosovo declared independence in 2008, a move that Serbia has refused to acknowledge. Kurti's government has for months sought to dismantle a parallel system of social services and political offices backed by Belgrade to serve Kosovo's Serbs. Albanian Prime Minister Edi Rama on Saturday denounced "the act of sabotage on the critical water supply infrastructure in the Iber-Lepenc Canal" in comments on X, calling it "a serious crime that endangers the lives of Kosovo's citizens and undermines the process of normalising relations in our region". Friday's attack came after a series of violent incidents in northern Kosovo, including the hurling of hand grenades at a municipal building and a police station earlier this week. Kosovo is due to hold parliamentary elections on February 9.
NoneClose Brothers given right to appeal against motor finance scandal court ruling By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00, 11 December 2024 e-mail View comments Close Brothers received a boost yesterday after it won permission to appeal against a court ruling on motor finance that has stunned the industry. The decision provides hope to it and other lenders caught up in the scandal over the way car dealers were paid commissions for selling loans to customers, which could leave lenders with a bill for billions of pounds. The Financial Conduct Authority this year looked at whether some motorists who took out loans would be entitled to compensation. But a separate ruling by the Court of Appeal widened the scope of the scandal to take in more types of commission. Fees scandal: Close Brothers has won permission to appeal against a court ruling on motor finance that has stunned the industry RELATED ARTICLES Previous 1 Next Sir Clive Cowdery set for bumper windfall on £8.3bn sale of... UK in slow lane to rate cuts: Bank of England's caution is... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account That has raised fears that it could reach the same scale as the payment protection insurance debacle, which cost the industry £50billion. Shares in Close Brothers have been hammered and fell by as much as 50 per cent following the October court ruling but, after it yesterday said it had permission to appeal to the Supreme Court, rose 3.5 per cent, or 8.2p, to 246.2p. Lloyds, which faces exposure to the scandal through its Black Horse motor finance arm, rose 2.4 per cent, or 1.28p, to 54.22p. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Saxo Saxo Get £200 back in trading fees Learn More Learn More Trading 212 Trading 212 Free dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you Share or comment on this article: Close Brothers given right to appeal against motor finance scandal court ruling e-mail Add comment Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence. More top stories
The meeting with Collins was closely watched as she is seen as more likely than most of her Republican Senate colleagues to vote against some of Trump’s Cabinet picks.NASSAU, Bahamas — Justin Thomas was long off the tee and made a few long putts on the back nine to overtake Scottie Scheffler with a 6-under 66 and build a one-shot lead Saturday over golf's best player going into the final round of the Hero World Challenge. Thomas is trying out a 46-inch driver — a little more than an inch longer than normal — that he previously used for practice at home to gain speed and length. He blasted a 361-yard drive to 8 feet on the par-4 seventh hole and led the field in driving distance. But it was a few long putts that put him ahead of Scheffler, who had a 69. Thomas was on the verge of falling two shots behind when he made an 18-foot par putt on the par-3 12th hole. On the reachable par-4 14th, he was in a nasty spot in a sandy area and could only splash it out to nearly 50 feet. He made that one for a most unlikely birdie, while behind him Scheffler muffed a chip on the 13th hole and made his lone bogey of a windy day. Scheffler never caught up to him, missing birdie chances on the reachable 14th and the par-5 15th. Thomas hit his approach to 3 feet for birdie on the 16th after a 343-yard drive. Scheffler made an 18-foot birdie putt on the 16th to close within one. Scheffler missed birdie chances on the last two holes from the 10-foot and 15-foot range, while Thomas missed an 8-foot birdie attempt at the last. "I had a stretch at 13, 14, 15 where I felt like I lost a shot or two there, but outside of that I did a lot of really good things today," Scheffler said. Thomas hasn't won since the 2022 PGA Championship at Southern Hills, and a victory at Albany Golf Club wouldn't count as an official win. But the two-time major champion has made steady progress toward getting his game back in order. "I'm driving it great. I've had a lot of confidence with it," Thomas said of his longer driver. "I feel like I've been able to put myself in some pretty good spots going into the green. I'm still not taking advantage of some of them as much as I would like, but that's golf and we're always going to say that." Thomas was at 17-under 199 and will be in the final group Sunday with Scheffler, who is trying to end his spectacular season with a ninth title. Tom Kim put himself in the mix, which he might not have imagined Thursday when he was 3 over through six holes of the holiday tournament. Kim got back in the game with a 65 on Friday, and then followed with 12 birdies for a 62. He had a shot at the course record — Rickie Fowler shot 61 in the final round when he won at Albany in 2017 — until Kim found a bunker and took two shots to reach the green in making a double bogey on the par-3 17th. Even so, he was only two shots behind. Ryder Cup captain Keegan Bradley (68) was four back. "Feel like I've been seeing signs of improvement, which is what you want and that's all I can do," Thomas said. "I can't control everybody else or what's going on, I've just got to keep playing as good as I possibly can and hope that it's enough come Sunday." Get local news delivered to your inbox!New York woman draws closer to solving 44-year-old mystery of her grandparents' disappearance
Some of President-elect Donald Trump's cabinet picks are facing hurdle after hurdle on the road to confirmation but not those on his economic team (at least so far). One early example is Scott Bessent, Trump's pick for the Treasury Department, who began to make his rounds to Senate offices this past week to almost no fanfare. "Scott Bessent and I had an excellent discussion today about reigniting America's economy," posted Sen. John Barrasso, the Wyoming Republican and the No. 2 Senate leader, after his sit-down. Another economic pick, Paul Atkins, is already showing signs of getting Democratic support to chair the Securities and Exchange Commission (SEC). "Atkins could very well be a good SEC head," said Democratic New York Senator Kirsten Gillibrand in a Yahoo Finance appearance . The contrast with some of Trump’s other picks couldn't be more stark. Pete Hegseth, Trump's pick for the Defense Department, has faced (and denied) a series of damning allegations and was mobbed by reporters outside his meetings this week. Hegseth's goal at the moment — very much unlike Bessent and Atkins and others — is to simply hold together Republican support for his besieged nomination. Democratic votes appear to be out of the question. But just because things are going according to script for Trump’s economic advisers doesn’t mean the incoming team is unified. In fact, a drama-free 2024 could simply delay clarity for Wall Street and markets on some key economic debates set to define the early stages of Trumponomics 2.0. The key (perhaps delayed) question will be how aggressive Trump will actually be toward China. Many of Trump's choices appear set to bring hard-line perspectives on the world's second-largest economy. "As I kind of peel back the areas," said Ed Mills, a managing director at Raymond James, in a recent episode of Yahoo Finance's "Capitol Gains' podcast, "you have a lot of folks who are very hawkish on China." That includes not just economic figures but also some of Trump's national security picks, with Mills also mentioning another pick that appears to be on cruise control in the Senate: Marco Rubio for Secretary of State. Bessent is expected to be a somewhat moderating voice on tariffs and has expressed a desire for duties to be implemented in a targeted manner. But he has also said that a main target for him is China. "The U.S. opened its markets to the world, but China's resulting economic growth has only cemented the hold of a despotic regime," Bessent wrote in a recent Fox op-ed. "Tariffs are a means to finally stand up for Americans." The trend toward a team of China hawks circling around Trump was also cemented this week when Trump announced that Peter Navarro would rejoin his administration as a senior counselor for trade. "That's just the cherry on top," Mills said. Navarro has long been perhaps the most outspoken China critic in Trump's orbit, talking in years past about the nation's "deadly sins." Policy signals from Trump's incoming team around other issues like taxes could also take time to be fully known if the nominees can play it safe with senators in the weeks ahead. There is also rumbling that Capitol Hill's own tax debate could also be delayed until later in 2025. A drama-free confirmation process could also delay answers on exactly who has Trump's ear. Trade and tariffs are key examples, with Trump announcing that Howard Lutnick, his Commerce Department pick, would "lead our tariff and trade agenda" while also picking a variety of figures who could also be influential on trade. Jamieson Greer will pick up the reins as US trade representative. David Perdue is Trump's pick for ambassador to China. And Bessent is sure to have input from his Treasury perch. Perhaps the most questions swirl around Navarro, who has long boasted a close connection to Trump and will again be working inside the White House with easier access to the president. Lines of authority are equally blurry in other areas. On technology issues, Trump announced David Sacks this week as his "AI and crypto czar," but the venture capitalist's firm told the New York Times it would not be a full-time position and Sacks wouldn't leave his position atop his venture capital fund to take it on. It immediately raised questions about whether Sacks or figures like Atkins at the Securities and Exchange Commission would end up being the primary driver of things like crypto policy. But those might be questions for 2025, with many of Trump's economic picks, at least the ones who will be forced to face the Senate, quickly racking up GOP support and eyeing Democratic moderates. One of Trump's most outspoken Capitol Hill critics on economic issues , Sen. Elizabeth Warren of Massachusetts, has offered critiques of figures like Bessent and Atkins, but she notably hasn't yet pledged to oppose either of them. Ben Werschkul is Washington correspondent for Yahoo Finance. Every Friday, Yahoo Finance's Rachelle Akuffo , Rick Newman , and Ben Werschkul bring you a unique look at how U.S. policy and government affects your bottom line on Capitol Gains. Watch or listen to Capitol Gains on Apple Podcasts , Spotify , or wherever you find your favorite podcasts. Click here for political news related to business and money policies that will shape tomorrow's stock prices Read the latest financial and business news from Yahoo FinanceFleet Space lands $150 million, valuation rockets to $800 million
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Kosovo arrested several suspects on Saturday after an explosion at a key canal feeding two of its main power plants, while neighbouring Serbia rejected accusations of staging the blast. The explosion on Friday near the town of Zubin Potok, which sits in an ethnic Serb-dominated area in Kosovo's troubled north, damaged a canal that supplies water to hundreds of thousands of people and cooling systems at two coal-fired power plants that generate most of Kosovo's electricity. As security forces swarmed the area around the canal, whose concrete walls were left with a gaping hole gushing water, Prime Minister Albin Kurti visited the site and announced that authorities had arrested several people. Law enforcement "carried out searches" and "collected testimony and evidence, and the criminals and terrorists will have to face justice and the law", he said. Calling it "the most serious attack on critical infrastructure in Kosovo since the end of the war", Interior Minister Xhelal Svecla told the press that police had detained eight suspects. Police chief Gazmend Hoxha said that his office had seized "200 military uniforms, six grenade launchers, two rifles, a pistol, masks, knives" in the operation. "This is not a trivial attack, it was an act prepared by professional terrorist organisations," Svecla added. The arrests follow a security meeting late on Friday, when Kurti pointed the finger at Serbia. "The attack was carried out by professionals. We believe it comes from gangs directed by Serbia," he told a press conference, without providing evidence. Serbian President Aleksandar Vucic hit back on Saturday, denying the "irresponsible" and "baseless accusations". "Such unfounded claims are aimed to tarnish Serbia's reputation, as well as to undermine efforts to promote peace and stability in the region," he said in a statement to AFP. Serbian Foreign Minister Marko Djuric had earlier suggested on X that the Kosovar "regime" could itself be behind the blast, calling for an international investigation. The main political party representing Serbs in Kosovo, Serb List, also condemned the attack "in the strongest possible terms". AFP journalists at the scene saw water leaking heavily from one side of the reinforced canal, which runs from the Serb-majority north of Kosovo to the capital, Pristina. However, electricity supplies to consumers were running smoothly on Saturday morning, with authorities having found an alternative method to cool the plants, said Kosovo's Economy Minister Artane Rizvanolli. Repair work was ongoing, authorities said, while Kurti confirmed workers had managed to restore water flows to 25 percent capacity. The European Union denounced the explosion as a "terrorist attack". "It is a despicable act of sabotage on Kosovo's critical civilian infrastructure, which provides drinking water for (a) considerable part of Kosovo's population and is a vital component of Kosovo's energy system," the bloc's top diplomat, Josep Borrell, said in a statement. The United States, France and Turkey joined the international condemnation of the attack. "We call on all parties to exercise restraint to avoid escalation in the region," Turkey's foreign ministry said. The NATO-led KFOR peacekeeping mission for Kosovo likewise called for restraint. "It is important that facts are established and that those responsible are held accountable and brought to justice," it said in a statement. The force is providing security in the surrounding area and has offered logistical, explosives removal and engineering support to the Kosovo authorities, it added. Animosity between ethnic Albanian-majority Kosovo and Serbia has persisted since the end of the war between Serbian forces and ethnic Albanian insurgents in the late 1990s. Kosovo declared independence in 2008, a move that Serbia has refused to acknowledge. Kurti's government has for months sought to dismantle a parallel system of social services and political offices backed by Belgrade to serve Kosovo's Serbs. Albanian Prime Minister Edi Rama on Saturday denounced "the act of sabotage on the critical water supply infrastructure in the Iber-Lepenc Canal" in comments on X, calling it "a serious crime that endangers the lives of Kosovo's citizens and undermines the process of normalising relations in our region". Friday's attack came after a series of violent incidents in northern Kosovo, including the hurling of hand grenades at a municipal building and a police station earlier this week. Kosovo is due to hold parliamentary elections on February 9.
NoneClose Brothers given right to appeal against motor finance scandal court ruling By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00, 11 December 2024 e-mail View comments Close Brothers received a boost yesterday after it won permission to appeal against a court ruling on motor finance that has stunned the industry. The decision provides hope to it and other lenders caught up in the scandal over the way car dealers were paid commissions for selling loans to customers, which could leave lenders with a bill for billions of pounds. The Financial Conduct Authority this year looked at whether some motorists who took out loans would be entitled to compensation. But a separate ruling by the Court of Appeal widened the scope of the scandal to take in more types of commission. Fees scandal: Close Brothers has won permission to appeal against a court ruling on motor finance that has stunned the industry RELATED ARTICLES Previous 1 Next Sir Clive Cowdery set for bumper windfall on £8.3bn sale of... UK in slow lane to rate cuts: Bank of England's caution is... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account That has raised fears that it could reach the same scale as the payment protection insurance debacle, which cost the industry £50billion. Shares in Close Brothers have been hammered and fell by as much as 50 per cent following the October court ruling but, after it yesterday said it had permission to appeal to the Supreme Court, rose 3.5 per cent, or 8.2p, to 246.2p. Lloyds, which faces exposure to the scandal through its Black Horse motor finance arm, rose 2.4 per cent, or 1.28p, to 54.22p. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Saxo Saxo Get £200 back in trading fees Learn More Learn More Trading 212 Trading 212 Free dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you Share or comment on this article: Close Brothers given right to appeal against motor finance scandal court ruling e-mail Add comment Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence. More top stories
The meeting with Collins was closely watched as she is seen as more likely than most of her Republican Senate colleagues to vote against some of Trump’s Cabinet picks.NASSAU, Bahamas — Justin Thomas was long off the tee and made a few long putts on the back nine to overtake Scottie Scheffler with a 6-under 66 and build a one-shot lead Saturday over golf's best player going into the final round of the Hero World Challenge. Thomas is trying out a 46-inch driver — a little more than an inch longer than normal — that he previously used for practice at home to gain speed and length. He blasted a 361-yard drive to 8 feet on the par-4 seventh hole and led the field in driving distance. But it was a few long putts that put him ahead of Scheffler, who had a 69. Thomas was on the verge of falling two shots behind when he made an 18-foot par putt on the par-3 12th hole. On the reachable par-4 14th, he was in a nasty spot in a sandy area and could only splash it out to nearly 50 feet. He made that one for a most unlikely birdie, while behind him Scheffler muffed a chip on the 13th hole and made his lone bogey of a windy day. Scheffler never caught up to him, missing birdie chances on the reachable 14th and the par-5 15th. Thomas hit his approach to 3 feet for birdie on the 16th after a 343-yard drive. Scheffler made an 18-foot birdie putt on the 16th to close within one. Scheffler missed birdie chances on the last two holes from the 10-foot and 15-foot range, while Thomas missed an 8-foot birdie attempt at the last. "I had a stretch at 13, 14, 15 where I felt like I lost a shot or two there, but outside of that I did a lot of really good things today," Scheffler said. Thomas hasn't won since the 2022 PGA Championship at Southern Hills, and a victory at Albany Golf Club wouldn't count as an official win. But the two-time major champion has made steady progress toward getting his game back in order. "I'm driving it great. I've had a lot of confidence with it," Thomas said of his longer driver. "I feel like I've been able to put myself in some pretty good spots going into the green. I'm still not taking advantage of some of them as much as I would like, but that's golf and we're always going to say that." Thomas was at 17-under 199 and will be in the final group Sunday with Scheffler, who is trying to end his spectacular season with a ninth title. Tom Kim put himself in the mix, which he might not have imagined Thursday when he was 3 over through six holes of the holiday tournament. Kim got back in the game with a 65 on Friday, and then followed with 12 birdies for a 62. He had a shot at the course record — Rickie Fowler shot 61 in the final round when he won at Albany in 2017 — until Kim found a bunker and took two shots to reach the green in making a double bogey on the par-3 17th. Even so, he was only two shots behind. Ryder Cup captain Keegan Bradley (68) was four back. "Feel like I've been seeing signs of improvement, which is what you want and that's all I can do," Thomas said. "I can't control everybody else or what's going on, I've just got to keep playing as good as I possibly can and hope that it's enough come Sunday." Get local news delivered to your inbox!New York woman draws closer to solving 44-year-old mystery of her grandparents' disappearance
Some of President-elect Donald Trump's cabinet picks are facing hurdle after hurdle on the road to confirmation but not those on his economic team (at least so far). One early example is Scott Bessent, Trump's pick for the Treasury Department, who began to make his rounds to Senate offices this past week to almost no fanfare. "Scott Bessent and I had an excellent discussion today about reigniting America's economy," posted Sen. John Barrasso, the Wyoming Republican and the No. 2 Senate leader, after his sit-down. Another economic pick, Paul Atkins, is already showing signs of getting Democratic support to chair the Securities and Exchange Commission (SEC). "Atkins could very well be a good SEC head," said Democratic New York Senator Kirsten Gillibrand in a Yahoo Finance appearance . The contrast with some of Trump’s other picks couldn't be more stark. Pete Hegseth, Trump's pick for the Defense Department, has faced (and denied) a series of damning allegations and was mobbed by reporters outside his meetings this week. Hegseth's goal at the moment — very much unlike Bessent and Atkins and others — is to simply hold together Republican support for his besieged nomination. Democratic votes appear to be out of the question. But just because things are going according to script for Trump’s economic advisers doesn’t mean the incoming team is unified. In fact, a drama-free 2024 could simply delay clarity for Wall Street and markets on some key economic debates set to define the early stages of Trumponomics 2.0. The key (perhaps delayed) question will be how aggressive Trump will actually be toward China. Many of Trump's choices appear set to bring hard-line perspectives on the world's second-largest economy. "As I kind of peel back the areas," said Ed Mills, a managing director at Raymond James, in a recent episode of Yahoo Finance's "Capitol Gains' podcast, "you have a lot of folks who are very hawkish on China." That includes not just economic figures but also some of Trump's national security picks, with Mills also mentioning another pick that appears to be on cruise control in the Senate: Marco Rubio for Secretary of State. Bessent is expected to be a somewhat moderating voice on tariffs and has expressed a desire for duties to be implemented in a targeted manner. But he has also said that a main target for him is China. "The U.S. opened its markets to the world, but China's resulting economic growth has only cemented the hold of a despotic regime," Bessent wrote in a recent Fox op-ed. "Tariffs are a means to finally stand up for Americans." The trend toward a team of China hawks circling around Trump was also cemented this week when Trump announced that Peter Navarro would rejoin his administration as a senior counselor for trade. "That's just the cherry on top," Mills said. Navarro has long been perhaps the most outspoken China critic in Trump's orbit, talking in years past about the nation's "deadly sins." Policy signals from Trump's incoming team around other issues like taxes could also take time to be fully known if the nominees can play it safe with senators in the weeks ahead. There is also rumbling that Capitol Hill's own tax debate could also be delayed until later in 2025. A drama-free confirmation process could also delay answers on exactly who has Trump's ear. Trade and tariffs are key examples, with Trump announcing that Howard Lutnick, his Commerce Department pick, would "lead our tariff and trade agenda" while also picking a variety of figures who could also be influential on trade. Jamieson Greer will pick up the reins as US trade representative. David Perdue is Trump's pick for ambassador to China. And Bessent is sure to have input from his Treasury perch. Perhaps the most questions swirl around Navarro, who has long boasted a close connection to Trump and will again be working inside the White House with easier access to the president. Lines of authority are equally blurry in other areas. On technology issues, Trump announced David Sacks this week as his "AI and crypto czar," but the venture capitalist's firm told the New York Times it would not be a full-time position and Sacks wouldn't leave his position atop his venture capital fund to take it on. It immediately raised questions about whether Sacks or figures like Atkins at the Securities and Exchange Commission would end up being the primary driver of things like crypto policy. But those might be questions for 2025, with many of Trump's economic picks, at least the ones who will be forced to face the Senate, quickly racking up GOP support and eyeing Democratic moderates. One of Trump's most outspoken Capitol Hill critics on economic issues , Sen. Elizabeth Warren of Massachusetts, has offered critiques of figures like Bessent and Atkins, but she notably hasn't yet pledged to oppose either of them. Ben Werschkul is Washington correspondent for Yahoo Finance. Every Friday, Yahoo Finance's Rachelle Akuffo , Rick Newman , and Ben Werschkul bring you a unique look at how U.S. policy and government affects your bottom line on Capitol Gains. Watch or listen to Capitol Gains on Apple Podcasts , Spotify , or wherever you find your favorite podcasts. Click here for political news related to business and money policies that will shape tomorrow's stock prices Read the latest financial and business news from Yahoo FinanceFleet Space lands $150 million, valuation rockets to $800 million
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