Earlier this week, Larry Summers, a board member of ChatGPT maker Open AI, announced that he’d be stepping back from his duties following the revelation that he corresponded over email with convicted sex offender Jeffrey Epstein. Now, Summers is resigning amidst the controversy. Summers confirmed his exit from OpenAI in a statement to CNBC. “I am grateful for the opportunity to have served, excited about the potential of the company, and look forward to following their progress,” he wrote. OpenAI also shared a statement, saying “We appreciate his many contributions and the perspective he brought to the Board.” Thousands of documents related to Jeffrey Epstein were released last week, including a series of emails sent by and to the convicted sex offender. According to Harvard University’s newspaper, The Crimson, Summers contacted Epstein for guidance as he pursued a romantic relationship with a mentee.
https://www.shacknews.com/article/146892/openai-board-member-resignation-epstein
Month: November 2025
Trump urges Treasury Secretary Bessent to take Federal Reserve job
By CHRISTOPHER RUGABER and JOSH BOAK WASHINGTON (AP) For the second time in two days, President Donald Trump said Wednesday that he would like to appoint Treasury Secretary Scott Bessent to chair the Federal Reserve. Yet Bessent keeps saying he doesn’t want the job, Trump added, in comments to the U. S.-Saudi Investment Forum. “We’re thinking about him for the Fed, but he wants no part of it, he likes being secretary of the Treasury,” Trump said. “I think we’ll leave him so let’s cross your name off right, officially, right?” Trump has been sharply critical of the current Fed chair, Jerome Powell, whose term ends in May, for not cutting interest rates quickly enough. Trump’s pick as a replacement will almost certainly push for rapid interest rate cuts and likely institute wide-ranging changes in how the Fed operates. Bessent earlier this year published extensive criticisms of the Fed’s groundbreaking efforts to shore up financial markets and the economy after the 2008-2009 Great Recession and during the pandemic. Bessent is heading up the Trump administration’s search for a new Fed chair. Yet despite his protestations, he is also widely seen as a leading potential replacement for Powell. “He’s a top-tier candidate right now,” Stephen Moore, a senior economic adviser to Trump in his first term, said. Trump “wants to shake things up, so I think he wants an outsider.” Two of the five candidates Bessent has named are current Fed officials: Governors Christopher Waller and Michelle Bowman. The other three would fit the outsider criteria: Kevin Hassett, currently a top White House economic official; Kevin Warsh, a former Fed governor who has been highly critical of the Fed; and Rick Rieder, a senior managing director at asset manager BlackRock. Late Tuesday, in an interview By mid-December, “the president will meet the final three candidates and hopefully have an answer before Christmas,” Bessent said. Associated Press Writer Fatima Hussein contributed to this report.
https://www.redbluffdailynews.com/2025/11/19/federal-reserve-bessent/
Missouri Supreme Court hears arguments on voter law changes
Marie Moyer JEFFERSON CITY, Mo. (KMIZ) The Missouri Supreme Court convened Monday to hear arguments on two appeals related to voter laws. Both suits were filed by the NAACP and League of Women Voters in 2022 following the passage of House Bill No. 1878, which changed state rules related to elections, including sections dealing with voter registration, absentee voting and voter identification. The first suit has the NAACP and League of Women Voters appealing a previous ruling in favor of the state that deemed HB 1878 was constitutional. One of HB 1878’s rules requires voters to provide a current government-issued photo ID at the polls, making alternative IDs such as a Missouri student ID, voter registration cards, and utility or bank statements, which were previously accepted, invalid. Voters who show up on Election Day without a valid photo ID can only cast a provisional ballot, which will count if they return later that day with proper ID or if their signature matches the one on file. But in-person absentee voters who lack a valid ID are not allowed to cast a provisional ballot at all. The groups argued that the tighter restrictions on voter IDs violated the Missouri Constitution’s equal protection clause, which guarantees a right to vote, claiming several Missouri voters in 2022 sued the state after having issues getting a valid ID, either due to disabilities or other difficulties. The state won the initial ruling, arguing that the voters who sued with the groups were ultimately able to vote, that provisional ballots are commonly counted and that potential voters can easily access state resources to get a valid ID. “The law is now tremendously easy to comply with because voters can easily obtain free IDs, join the permanently disabled voters list, or cast provisional ballots which are almost always counted,” according to the State’s brief. The second suit has the state appealing a court ruling in favor of the NAACP and League of Women Voters. House Bill No. 1878 tightened rules surrounding people who solicit voter registrations. This included ending payment for solicitors and requiring solicitors to be at least 18 years old and registered Missouri voters. The rule also banned solicitors from encouraging voters to get an absentee ballot application by making the action a Class 1 election offense that could result in jail time. The groups argued that the statute’s use of the term “solicitor” is overly broad, potentially applying to anyone who encourages or assists with voter registration. They argued that this vagueness exposes volunteers to criminal penalties and places unconstitutional restrictions on political speech. The state argues that the definition of “solicitor” in the statute only applies to someone who provides voters with registration or absentee-ballot applications and then collects the completed documents for submission to a local election. The Missouri Supreme Court has not yet ruled on either appeal.
https://www.newspressnow.com/kmiz-local-news/2025/11/19/missouri-supreme-court-hears-arguments-on-voter-law-changes/
Pacific Palisades businesses are coming back, and Nancy Silverton announces a new restaurant at The Village
LOS ANGELES There’s a lot of progress happening in the Palisades, and as homes start to go up, businesses are slowly returning to the neighborhood. Although thousands of businesses were either lost or displaced after the Palisades Fire, a handful have returned. Nancy Silverton and Rick Caruso recently announced a new restaurant that will anchor The Village in the Palisades, called Spacca Tutto, set to open in August 2026. In the Highlands, Spruzzo Palisades owner Ryan Gowhari says months after reopening his restaurant, sales are not yet up to pre-fire levels. But business owners say confidence is growing as more residents begin the process of rebuilding.
http://www.mynews13.com/fl/orlando/business/2025/11/19/palisades-businesses-coming-back
Critical FOMC Minutes Reveal Shocking Division On Rate Cuts
The latest FOMC minutes have sent shockwaves through financial markets, revealing deep divisions among Federal Reserve officials about the timing of interest rate cuts. For cryptocurrency investors, understanding these FOMC minutes is crucial for anticipating market movements and making informed decisions. What do the FOMC minutes reveal about rate cuts? The October FOMC minutes show a clear split among Federal Reserve members regarding monetary policy direction. Several officials strongly opposed implementing rate cuts, while others believed reductions should begin as early as December. This division within the FOMC minutes creates significant uncertainty for traders and investors across all asset classes, including cryptocurrencies. Most committee members agreed that policy would eventually become more accommodative. However, the timing remains highly contested. The debate captured in these FOMC minutes highlights the delicate balance the Fed must strike between controlling inflation and supporting economic growth. Why should crypto traders care about FOMC minutes? Cryptocurrency markets have become increasingly sensitive to Federal Reserve policy decisions. The FOMC minutes provide valuable insights into: Interest rate expectations that impact risk appetite Liquidity conditions affecting capital flows into crypto Market sentiment shifts that can trigger volatility Institutional positioning based on monetary policy outlook When analyzing FOMC minutes, crypto investors should pay particular attention to discussions about quantitative tightening and forward guidance. What was the consensus in the FOMC minutes? Despite disagreements on rate cuts, the FOMC minutes showed near-unanimous support for ending quantitative tightening by December 1st. This potential reduction in balance sheet runoff could provide additional liquidity to financial markets. The FOMC minutes indicate that most members anticipate a gradual shift toward more accommodative policy, though the exact timing remains uncertain. The division captured in these FOMC minutes reflects broader economic uncertainties. Some members expressed concern about moving too quickly with rate cuts, while others worried about maintaining restrictive policy for too long. How can investors use FOMC minutes for crypto strategy? Understanding FOMC minutes helps crypto traders develop more effective risk management strategies. Key takeaways from the latest FOMC minutes include: Monitor Fed communications for policy shift signals Prepare for volatility around FOMC meetings Diversify timing of entries and exits Watch bond markets for confirmation of Fed expectations The current FOMC minutes suggest that while rate cuts are coming, the path remains uncertain and potentially volatile. What’s next after these revealing FOMC minutes? The division highlighted in the FOMC minutes sets the stage for intense scrutiny of upcoming economic data. Future employment reports, inflation numbers, and growth indicators will likely determine which faction within the Fed prevails. For crypto markets, this means continued sensitivity to economic releases and Fed speaker comments. These FOMC minutes serve as a crucial reminder that central bank policy remains a primary driver of market sentiment. The lack of consensus suggests we may see significant market reactions to each new data point as traders attempt to anticipate the Fed’s next move. Frequently Asked Questions What are FOMC minutes? FOMC minutes are detailed records of Federal Open Market Committee meetings, released three weeks after each meeting. They provide insights into Fed officials’ discussions and policy considerations. How do FOMC minutes affect cryptocurrency prices? FOMC minutes influence crypto prices by shaping interest rate expectations, which affect risk appetite, dollar strength, and capital flows into digital assets. When are FOMC minutes released? FOMC minutes are typically released at 2: 00 PM ET, three weeks after each FOMC meeting. There are eight scheduled meetings per year. What was the key takeaway from October’s FOMC minutes? The key takeaway was significant division among Fed officials about the timing of rate cuts, with some supporting December reductions while others preferred maintaining current rates. How quickly do markets react to FOMC minutes? Markets typically react within minutes of FOMC minutes release, with volatility often persisting through the trading session as investors digest the information. Why do FOMC minutes matter for long-term crypto investors? FOMC minutes provide clues about future monetary policy that can influence macroeconomic conditions, regulatory environment, and institutional adoption of cryptocurrencies over extended periods. Found this analysis of the FOMC minutes helpful? to help them understand how Federal Reserve policy impacts digital asset markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action and institutional adoption.
https://bitcoinethereumnews.com/tech/critical-fomc-minutes-reveal-shocking-division-on-rate-cuts/
Trump’s Pick to Run CFTC, Selig, Tells Senators Crypto a ‘Critical Mission’ at Agency
Mike Selig, the nominee to be the next chairman of the Commodity Futures Trading Commission, testified at his confirmation hearing in the Senate.
https://www.coindesk.com/policy/2025/11/19/trump-s-pick-to-run-cftc-selig-tells-senators-crypto-a-critical-mission-at-agency
Curry out, other stars questionable at Heat as Warriors’ tough schedule marches on
Please email your obituary to obituary@chicoer. com or call 530-896-7718. Please include your name, mailing address, and phone number along with the copy and photo. We also need a copy of the death certificate or name and number of the funeral home to verify death. The Warriors will be shorthanded Wednesday night when they face the Heat in Miami on the second night of a Florida back-to-back set. Steph Curry, who led Golden State with 34 points in Tuesday’s loss in Orlando, has been ruled out with an ankle injury that has been lingering since earlier in the Warriors’ road trip in San Antonio. Curry passed Vince Carter for No. 22 on the NBA’s all-time scoring list. Joining Curry in street clothes for the Miami game are Al Horford (toe injury management), Jonathan Kuminga (knee tendinitis) and De’Anthony Melton (ACL rehab). The Warriors have listed Jimmy Butler as questionable with a back strain, while Draymond Green and Buddy Hield are questionable to play due to illness. Horford played in Tuesday’s game and the Warriors have said he will not play both ends of a back-to-back this season as they aim to keep the 39-year-old healthy for the playoffs. Kuminga has not played since Nov. 12, when the Warriors beat the Spurs in San Antonio and he missed the second half with knee soreness. Butler left a Nov. 4 game against the Suns against Phoenix with back soreness and missed the next night’s game in Sacramento, but has played in each game since. That Nov. 5 game in Sacramento is the lone game this season in which the Warriors have sat all three of their veteran stars Curry, Green and Butler as they try to balance winning with rest for their players above age 35. Wednesday’s game will complete Golden State’s fifth back-to-back set of the season as the Warriors play their 17th game (12 on the road) in 30 days to open the season.
https://www.chicoer.com/2025/11/19/steph-curry-injury-warriors-heat-schedule/
Deal proposed to end conflict between food trucks, Lobster Festival in Rockland
ROCKLAND, Maine The Harbor Management Commission is recommending a plan to the City Council that could solve the conflict between the Maine Lobster Festival and three food trucks that also lease space on the waterfront. The Commission met Tuesday evening at the harbormaster’s office to come up with recommendations. The meeting was held following a conflict that developed again this past summer. The owners of two seasonal food trucks were sharply critical of what they say were heavy-handed tactics by the Maine Lobster Festival. The food truck owners pay the city $3,000 each year to operate from April 1 through Nov. 30 at Buoy Park. The owners of Mac Attack Richard Curtis and Sierra Cook said their food truck was moved to a far end of Harbor Park behind a large bounce house and next to portable toilets after they refused to take lobster off their menu during the five-day festival. They have leased space each year from the city for the past five years. And Omar Hadjaissa, who has operated an Amato’s food truck at Buoy Park for nine years said he had to pay the festival $8 for every lobster roll he sold or a large obstruction would have been placed in front of his truck. Those truck owners attended the Tuesday meeting and reiterated their concerns. Curtis and Cook said limiting the products they normally sell violates Maine law on unfair trade practices. Limiting sales in this way affects both businesses and consumers in the marketplace, they said. Avi Good from the Lobster Festival Board said the contract that the festival has with the city allowed them the right to move vendors during the festival. She also said that it was a reasonable request to prohibit the food trucks from selling lobsters that one week, the same prohibition that is placed on vendors for the festival. She also pointed out the festival attracts thousands of visitors to Rockland and provides more traffic to these food trucks than they would otherwise have. Hadjaissa disagreed and said his business drops during the festival. He said if he is unable to sell lobster during that week, he would lose money. Former Mayor Louise MacLellan Ruf said the food trucks are wonderful ambassadors for the city. She said the festival acts like they run the entire city. She urged the Commission to support a plan that would keep the food trucks in their spaces and allow them to sell lobster. Harbor Commission member Sam Ladley said the problem is overlapping contracts that the city has with the food trucks and the festival. He said it should not be difficult to separate the food trucks from the space used by the festival. After nearly an hour of discussion, that is the recommendation made by the Commission. “Physically separate food truck park out and the other issues go away,” Ladley said. In the long term, changes are planned for Buoy Park that could lead to the trucks being located in a different location. And when festivals contract with the city to use Harbor and Buoy parks, the section used by the food trucks would not be included in that agreement. The recommendation will be forwarded to the City Council which will make the final decisions.
https://www.bangordailynews.com/2025/11/19/midcoast/midcoast-government/deal-to-end-conflict-food-trucks-lobster-festival-rockland/
2016 Land Rover Range Rover HSE Td6 Diesel at No Reserve
*Exchange Rates You are bidding for this item in USD. This means, if you have the winning bid, you will need to make your payment to the seller in USD. It is your responsibility to check the conversion rate, and you should also note that exchange rates may fluctuate between now and the due date of your payment after the end of the auction. Taxation If you are the highest bidder, you will also need to pay the seller any applicable taxes/VAT. Your bid may not be inclusive of these amounts. Relevant details are included in the listing, so please ensure you have read and understood this information before placing your bid. Note that, if you will need to import the vehicle to your country, you may be responsible for import-related taxes.
https://bringatrailer.com/listing/2016-land-rover-range-rover-131/
Mike Alfred says he bought another 100,000 shares of Vivek Ramaswamy’s Strive
Key Takeaways Mike Alfred increased his stake in Strive Asset Management by purchasing another 100, 000 shares. Strive Asset Management, led by Vivek Ramaswamy, recently agreed to acquire Semler Scientific. Hedge fund manager Mike Alfred said Wednesday he had added 100, 000 shares of Strive Asset Management (ASST) at $1. 05 and $1. 06, bringing his total holdings to over 1. 7 million shares. Alfred indicated he is “looking to add on further weakness.” ASST is pacing toward a 5% decline at the close. The stock jumped to $1. 16 at the open but pulled back as trading continued, per Yahoo Finance. Alfred disclosed last month that he had acquired over one million shares in the Bitcoin-focused firm, pushing the stock up 49%. Strive Asset Management, founded by Vivek Ramaswamy, recently agreed to acquire Semler Scientific. Once completed, the deal would expand its Bitcoin reserves, which currently total 5, 886 BTC.
https://cryptobriefing.com/strive-asset-management-mike-alfred-buys/