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China’s desire to dominate space at the expense of the United States is no secret. The Chinese Communist Party has telegraphed its intentions, and our own intelligence community has issued glaring warnings that we would be wise to heed.  

A declassified report from the Director of National Intelligence stated in 2021 that ‘China is steadily progressing toward its goal of becoming a world-class space leader, with the intent to match or exceed the United States by 2045.’ 

The report detailed a rapidly approaching timeframe when the CCP may achieve its goal, stating ‘China is developing innovative systems in all space technology areas, and we judge … that by 2030 China will achieve world-class status in all but a few.’  

That is nothing short of a time bomb. And the clock is ticking.  

The very same year the DNI report was issued, China’s orbital launches exceeded those of the United States. This was the second year in a row China outpaced the United States in orbital launches.  

Like every one of China’s ambitions, the communist regime tells us what it intends to do with space dominance. In 2015, China designated space as the new warfare domain and has since been active in growing its arsenal of new technologies. One of these is a nuclear-capable hypersonic missile which the CCP demonstrated in 2021. The glide vehicle engaged in a low-orbit space flight before hitting its target within a dozen miles.  

This was the latest in a series of launches that demonstrated China’s ability to threaten America in space, whether it be targeting our satellites for destruction or surveilling our own activities in orbit.  

While the United States has regained the lead in orbital launches in subsequent years, complacency would be cataclysmic for our geopolitical, security and economic interests. The risk is compounded by China’s secret weapon in the space race: America’s own regulatory state.  

The regulator responsible for this is the Federal Aviation Administration. For too long, FAA’s regulations and its inability or unwillingness to streamline approval processes have doused our serious initiatives to compete in space. Thankfully, Republicans in Congress are taking this seriously. We aim to address it with majorities in the House and Senate, partnered with President-elect Donald Trump in the White House who has also made this a priority.  

As incoming Chairman of the House Science Space and Technology Committee Brian Babin, R-Texas, noted in a recent hearing on this very issue, ‘the national security implications posed by FAA’s regulations are very concerning.’ Babin homed in on the culprit within FAA’s regulatory regime – rules governing commercial launch and reentry known as Part 450.  

Part 450 was developed to expedite the licensing process, thus speeding up commercial launches. But, Babin made clear, ‘FAA has issued six licenses under Part 450, with applications taking years to complete. Many applications for Part 450 licenses are still under review, impacting launch schedules and NASA missions.’  

As the representative-elect for Florida’s 8th Congressional District, which includes America’s ‘Space Coast’ and the Kennedy Space Center, reigniting America’s competitive advantage in space will be my top priority. This is achievable through three main objectives.  

It was the latest in a series of launches that demonstrated China’s ability to threaten America in space, whether it be targeting our satellites for destruction or surveilling our own activities in orbit.  

First, Congress must take a scalpel to the FAA’s implementation of the Part 450 license and launch regulations for commercial space flight as Babin and the Science Space and Technology Committee recommend. This can be done legislatively by modifying Title 51 to reform Part 450 implementation. 

Second, the FAA must return all remote workers to the office to improve efficiency and productivity. It must also realign job duties so more federal workers are focused on granting licenses as opposed to areas Congress never gave the FAA authority over, such as space flight participant safety.   

Finally, we should sic the DOGE on the FAA. Elon Musk and Vivek Ramaswamy have clearly articulated the commonsense objectives of the Department of Government Efficiency – to eliminate red tape and unleash American innovation. DOGE along with the new aerospace rulemaking committee with outside membership called SpARC will make the necessary recommendations to Congress to secure American dominance in space and reduce the growing threat from China.  

America’s regulatory regime is China’s secret weapon in the space race that could ultimately lead to our adversary winning this Cold War in the stars. But the United States will now have a Congress and a president willing and committed to addressing this threat and launching the next century of American dominance in space. 

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President-elect Donald Trump last week announced the nomination of Florida’s former attorney general, Pam Bondi, to head up the Justice Department, touching off a flurry of speculation as to how Bondi, a longtime prosecutor and close ally of Trump, might lead the department.

Former colleagues who knew her best during her time as a Florida prosecutor, including a Democrat opponent for state attorney general who she later tapped to be her drug czar, described Bondi in a series of interviews as an experienced litigator whose leadership style is more consensus-builder than bridge-burner and whose tenure may generate less friction among rank-and-file career staff at the Justice Department than early critics might fear. 

If confirmed, those close to Bondi told Fox News Digital that she will likely espouse many of the same priorities she did in her years as a prosecutor in Florida, primarily in cracking down on drug trafficking, illicit fentanyl imports and in running a Justice Department that enforces fair treatment of both political and career appointees alike.

‘From a lawyer’s standpoint, this woman knows how to be a lawyer and a trial lawyer,’ Nicholas Cox, Florida’s statewide prosecutor, told Fox News Digital of Bondi’s record. ‘There’s just not a question about it.’ 

Here are some of the ways her time in Florida could inform her tenure as attorney general. 

In Florida, Bondi quickly earned a reputation for cracking down on opioids and the many ‘pill mills’ operating in the Sunshine State when she was elected as the state’s attorney general in 2010. At the time, Florida ‘was the epicenter of the opioid crisis,’ Florida statewide prosecutor Nicholas Cox said in an interview.

It was also a hub for so-called drug tourism: Out-of-state residents traveled to Florida from across the country to purchase opioids in bulk, relying on the state’s many-house pharmacies, ‘cash-only’ clinics and a lack of statewide prescribing laws to purchase the addictive medications, largely without restriction.

When Bondi took office, opioids were killing around seven people each day, Dave Aronberg, the state attorney for Palm Beach County, who formerly served as Bondi’s drug czar, said in an interview. 

There were also ‘more pain clinics than McDonald’s locations’ in Florida at the time, he said, illustrating the magnitude of the problem. 

Aronberg, a Democrat who ran against Bondi for attorney general in 2010 before she appointed him to the post, credits his former boss as being the person ‘most responsible for ridding the state of Florida of destructive pill mills.’

He and others point to Bondi’s push for legislation that helped eliminate pill mills in the state, her crackdown on doctors and clinics responsible for prescribing the pain pills en masse, and her work in enforcing Florida’s ‘Statewide Prescription Drug Diversion and Abuse Road Map’ to best coordinate federal, state and local efforts as helping end the crisis. 

Later, she served in Trump’s first presidential term as a member of his Opioid and Drug Abuse Commission.

If confirmed as U.S. attorney general, Bondi has made clear she plans to remain focused on cracking down on illicit drugs—albeit on a national scale.

Bondi’s former colleagues told Fox News Digital they expect she will bring the same playbook to Washington—this time with an eye to cracking down on drug trafficking, illicit fentanyl use, and the cartels responsible for smuggling the drugs across the border. 

Bondi has spent years as a prosecutor in Florida, first as a prosecutor in the Hillsborough County State Attorney’s Office before being elected in 2010 as the state’s attorney general. 

Cox, the Florida state prosecutor, noted that Bondi’s career was also heavily shaped by her 18 years working in the Florida District Attorney’s Office, a career position that was not informed by politics. 

There, the main focus was ‘cooperation’— a mentality that Cox said extended to ‘prosecutors, law enforcement, and public defenders, for that matter.’  ‘We all worked together and it made for a really strong criminal justice system,’ Cox said.

 ‘We all worked together, and it made for a really strong criminal justice system,’ Cox said.

Aronberg echoed this assessment. The state attorney for Palm Beach county had formerly served as a Democrat in the state senate before running for attorney general. He later dropped out endorsed her Democratic opponent. 

But afrer her election, Bondi tapped him to be her drug czar— an unorthodox move that Aronberg and others said demonstrates Bondi’s commitment to solving problems and working across the aisle on top priorities. 

‘It really said a lot about her because she got a lot of criticism, withering criticism, from some members of her own party’ who were upset she would choose a Democrat for the role, Aronberg said. 

In Florida, Bondi ‘was not seen as a very partisan person,’ he added, citing her ‘strong working relationship with Democrats,’ which continued even after being sworn in as state attorney general. 

‘She would support legislation regardless of whether it was supported by Democrats or Republicans,’ Aronberg said, and in return, she was well-liked across the aisle. 

In announcing Bondi as his nomination for attorney general, Trump again took aim at the Justice Department, which he characterized as being ‘weaponized’ against him.

‘Pam will refocus the DOJ to its intended purpose of fighting Crime, and Making America Safe Again,’ Trump said in the statement.

But those close to Bondi said they do not think of her as an overly political person, saying they believe the many years she spent as a litigator and state attorney general will help her deftly navigate the unique political pressures in the role, including Trump’s calls to go after his so-called ‘enemies’ within the Department of Justice.

Though Bondi herself has echoed calls to ‘investigate the investigators’ involved in the special counsel investigations into Donald Trump, former colleagues said they think she has learned from former Justice Department leaders before her, including former Attorney General Bill Barr and former Special Counsel John Durham, who was tapped by Barr to investigate alleged misconduct in the Trump-Russia probe. 

‘I’ve told my Democratic friends not to overreact because we have been through this before,’ Aronberg said, citing the special counsel probe led by Durham.

In the next four years, he said, ‘I think we will see more of that.’

But Aronberg sees a difference between Bondi and others, including Trump’s former attorney general nominee, Matt Gaetz. 

Bondi ‘is not going to burn the house down,’ Aronberg said. ‘She’s not going to manufacture evidence as a way to walk Trump’s enemies out in handcuffs.’

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We tend to associate Thanksgiving with the Pilgrims in 1621. Shiny square buckles on boxy black shoes and a feast with the Indians, but in fact, this cherished national holiday actually began centuries later, in the midst of the greatest conflict to ever engulf the United States of America. 

In early October of 1863, fresh off of a costly, but eventually decisive, victory in the Civil War’s  battle of Gettysburg, President Abraham Lincoln decreed that he would ‘set apart and observe the last Thursday of November next, as a day of Thanksgiving,’ the randomness of which, in fairness, does sound a bit like Nate Bargatze’s Geroge Washington on ‘Saturday Night Live.’ 

But remarkably, even as the cannons were still hot, even in the face of another two years of brutal destruction and loss, Lincoln was already thinking about how the country could once again be united. 

In his proclamation he does, ‘fervently implore the interposition of the Almighty Hand to heal the wounds of the nation and to restore it as soon as may be consistent with Divine purposes to the full enjoyment of peace, harmony, tranquility and Union.’ 

Peace, harmony, tranquility and union. How lacking have these been in our society for the past decade? And while we have not fought with screaming hot lead, we have, with our words, and our actions, made strangers of each other. 

There are leading TV personalities such as MSNBC’s Joy Reid all but urging her viewers to cut off family and friends who voted for Donald Trump. Meanwhile, the right too often accuses those on the left of having a woke mind virus, of not just being wrong, but somehow fundamentally broken. 

But if Lincoln, despite the depravities committed by both sides in the Civil War, could envision a future in which the men of the blue and the gray could sit and dine together peaceably, then surely, we can.  

Maybe it is fitting that this holiday, born of fraternal conflict, serves as the symbolic front lines, so to speak, of our political battles. We have built the cliché of the MAGA-loving uncle and the wine mom cousin screaming at each other about immigration over frustrated grandma’s stuffing. 

And it is precisely because Americans so cherish Thanksgiving that we use it in this rhetorical way, as an avatar, as if to say, ‘things are so bad that it’s even ruining Thanksgiving.’ 

In my travels throughout the election, I asked many people I met if they had relationships with family or friends that had been strained by politics. Many, if not most, said yes to varying degrees. 

‘Sometimes I just have to block people on Facebook,’ some of them told me. One woman, a Republican, said, ‘I try to avoid politics, but it’s not just politics, it’s who we are.’ Meanwhile, I have had Democrats insist that the supposed dangers of Trump are a moral, not a political issue. 

Well, I’ve got some news, and a little perspective. No matter how much one hates President-elect Donald Trump or the woke left, it is nothing compared to searing hatred felt for Lincoln south of the Mason-Dixon Line during the Civil War and the years that followed. 

And yet today, it is Lincoln who stands alone in the pantheon of American greatness, unblemished by slavery or the petty foibles of the founders, and so it is right and just that he gave us Thanksgiving, our truly American national holiday. 

There are signs, after the raw-and-punishing election of the past year, that many Americans are ready to move on from animosity, to mend fences, and to get back to treating our fellow man as human beings, not members of a political movement. 

Thanksgiving is an excellent time to begin such a journey back to peace, harmony, tranquility and union.  

If all of us made one call, sent one text, or sat down, full before the fire with one family member we disagree with, that could be a massive step to restoring the comity and good faith we have lost.  

And it is precisely because Americans so cherish Thanksgiving that we use it in this rhetorical way, as an avatar, as if to say, ‘things are so bad that it’s even ruining Thanksgiving.’ 

Lincoln opened this door for us 161 years ago, and ever since, without him getting much credit, this holiday, above others, has stood fast in our hearts.  

This year, let us allow it to be more, let it be an end to all the recent anger and agony, and the beginning of a new and generous phase of American political life.  

Abraham Lincoln, who sacrificed all for us, would have it no other way. 

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China is releasing three Americans Wednesday who the White House says were ‘wrongfully detained,’ Fox News has confirmed.

‘We are pleased to announce the release of Mark Swidan, Kai Li, and John Leung from detention in the People’s Republic of China,’ a National Security Council spokesperson said. ‘Soon they will return and be reunited with their families for the first time in many years. Thanks to this Administration’s efforts and diplomacy with the PRC, all of the wrongfully detained Americans in the PRC are home.’

Mark Swidan of Texas was 38-years old when he went to China on business looking for flooring for construction work in November 2012. He was arrested after his driver and translator were allegedly found with drugs, the Texas Tribune has reported. 

A United Nations report determined that Swidan was not in possession of drugs on his person or in his hotel room, and records show he was not in China at the time of the alleged offense. 

The U.N. report said that the 11 other people arrested with Swidan as part of the alleged trafficking ring were unable to identify him and that the conviction was based on his visiting a factory that had once been used to manufacture methamphetamine. 

His mother Katherine Swidan told Fox News last year that she wanted President Biden to demand Mark’s release.

‘I want him to say his name. I want him to be strong and make some demands. Diplomacy is important, I understand that, but this has been going on too long,’ Katherine Swidan said at the time. ‘He is not well at all. He’s lost 100 pounds.’

Harrison Li, the son of Kai Li, told Fox News around a year ago that his father was detained in China while traveling there for a memorial service for his own mother.

‘He was not allowed to get off the plane. As soon as he landed at Shanghai Pudong Airport, agents from the Ministry of State Security whisked him away and nobody has been able to see him outside of the prison ever since,’ Li said.

A website set up to raise awareness for Li said he had been held in China ‘since September 2016 on politically motivated charges of espionage and stealing state secrets. 

‘He is currently serving a 10-year prison sentence at Shanghai’s Qingpu Prison,’ it added.

Leung, who has permanent residency in Hong Kong, was also sentenced on espionage charges in 2023, according to The Wall Street Journal.

He was first detained in April 2021. A friend of Leung told the newspaper that he was involved in charity work supporting low-income elderly people and students in Jiangsu province and has organized tours between the U.S. and China for musicians.  

Fox News’ Kate Sprague, Andrew Mark Miller and Kristine Parks contributed to this report. 

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A top aide to Vice President Kamala Harris during her presidential campaign recently revealed that internal polls never actually saw her defeating President-elect Donald Trump, but apparently this was not conveyed to those collecting high-dollar donations for her bid. 

‘That’s not what we were told,’ DNC National Finance Committee member and Harris campaign fundraiser Lindy Li shared with Fox News Digital. 

‘We were told definitely that she had a shot at winning – it wasn’t even a shot. I was even told that Pennsylvania was looking good, that we would win 3-4 swing states.’

‘And on the night of election night… we were told that we were going to win Iowa.’

But Harris senior adviser David Plouffe presented a much different analysis of the vice president’s chances at that point in time on ‘Pod Save America,’ a show hosted by staffers of former President Barack Obama.  

‘We didn’t get the breaks we needed on Election Day,’ he told the hosts in the episode which aired on Tuesday. 

‘I think it surprised people because there was these public polls that came out in late September, early October, showing us with leads that we never saw.’

Plouffe, along with other top Harris aides Jen O’Malley Dillon, Stephanie Cutter and Quentin Fulks, joined the podcast to share why they believed they lost the election. 

While the top advisers on the campaign were apparently aware of Harris’ polling deficit, this information was seemingly obscured to other relevant parties, including those soliciting capital from donors, such as Li. 

According to Li, it is ‘absolutely not’ normal for a campaign to obscure this type of information. 

‘I’ve been doing this since I graduated from college more than a decade [ago]. Absolutely not.’

She also shared that donors’ trust will need to be gained back because of the daylight between what the campaign was telegraphing about its situation and the reality. ‘But like for some casual donors, they’re going to be like, no f—ing way,’ Li said. 

‘It’s not that he’d beat her that’s a shock. It’s the extent to which he beat her. It wasn’t even close. It was a decisive defeat.’ 

Harris had rivaled Trump and even defeated him in numerous respected public polls across the country, which Plouffe acknowledged in the appearance.

‘When Kamala Harris became the nominee, she was behind. We kind of, you know, climbed back, and even post-debate, you know, we still had ourselves down, you know, in the battleground states, but very close. And so, I think, by the end, it was a jump-ball race,’ he said. 

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Nearly a dozen of President-elect Trump’s Cabinet nominees and other appointees tapped for the incoming administration were targeted Tuesday night with ‘violent, unAmerican threats to their lives and those who live with them,’ prompting a ‘swift’ law enforcement response, Fox News Digital has learned. 

The ‘attacks ranged from bomb threats to ‘swatting,’’ according to Trump-Vance transition spokeswoman and incoming White House press secretary Karoline Leavitt. One of the officials issued a statement describing his incident as having involved a ‘pipe bomb threat’ with ‘a pro-Palestinian themed message.’

Sources told Fox News Digital that John Ratcliffe, the nominee to be CIA director; Pete Hegseth, the nominee for secretary of defense; and Rep. Elise Stefanik, the nominee for UN ambassador, were among those targeted. Brooke Rollins, who Trump has tapped to be secretary of agriculture, and Lee Zeldin, Trump’s nominee to be EPA administrator, separately revealed they were also targeted. 

‘Last night and this morning, several of President Trump’s Cabinet nominees and administration appointees were targeted in violent, unAmerican threats to their lives and those who live with them,’ she told Fox News Digital on Wednesday. ‘In response, law enforcement acted quickly to ensure the safety of those who were targeted. President Trump and the entire Transition team are grateful for their swift action.’ 

Local law enforcement officials responded to the threats and visited the homes of several nominees and appointees, Fox News Digital has learned. New York State Police said in a statement that members and K9 units ‘trained in explosives detection swept’ Stefanik’s home in Saratoga ‘and did not locate any explosive devices.’

The FBI also issued a statement on Wednesday noting the bureau was ‘aware’ of the spate of incidents.

‘The FBI is aware of numerous bomb threats and swatting incidents targeting incoming administration nominees and appointees, and we are working with our law enforcement partners,’ it said. ‘We take all potential threats seriously and, as always, encourage members of the public to immediately report anything they consider suspicious to law enforcement.’

Leavitt said Trump and the transition team ‘are focused on doing the work of uniting our nation by ensuring a safe and prosperous future.’ 

‘With President Trump as our example, dangerous acts of intimidation and violence will not deter us,’ she said. 

Zeldin was among several officials who posted on social media or released statements about being targeted. He also revealed details about his particular incident.

‘A pipe bomb threat targeting me and my family at my home today was sent in with a pro-Palestinian themed message,’ the Zeldin statement read. ‘My family and I were not home at the time and are safe. We are working with law enforcement to learn more as this situation develops. We are thankful for the swift actions taken by local officers to keep our family, neighbors, and local community secure.’

Stefanik’s office confirmed in a post on X that she was one of the targets of the incident.

‘This morning, Congresswoman Elise Stefanik, her husband, and their three-year-old son were driving home to Saratoga County from Washington for Thanksgiving when they were informed of a bomb threat to their residence,’ the post stated. ‘New York State, County law enforcement, and U.S. Capitol Police responded immediately with the highest levels of professionalism. We are incredibly appreciative of the extraordinary dedication of law enforcement officers who keep our communities safe 24/7.’

Rollins, in a post on X, said her ‘home and family’ were threatened.

‘This morning, we learned that a threat was issued against our home and family,’ she wrote. ‘Thanks to the swift efforts by the @fortworthpd we were unharmed and quickly returned home. I want to express my deep gratitude to the law-enforcement professionals who did their utmost, in both speed and expertise, to protect us — as they protect our community every single day.’

Trump’s pick for Labor secretary, GOP Rep. Lori Chavez-DeRemer, as well as his choice to lead the U.S. Department of Housing and Urban Development, Scott Turner, posted on social media that they were also targeted.

‘Last night, my family and I were targeted with a pipe bomb threat at our Oregon home,’ DeRemer posted on X. ‘Thanks to the quick response of the Clackamas County Sheriff’s Office, we are safe. We deeply appreciate their dedication to protecting our community.’

‘On the eve of Thanksgiving, my home was targeted by a bomb threat, as were the homes of several of my colleagues,’ Turner posted on X. ‘I’m grateful for the swift and professional response from local law enforcement in ensuring everyone’s safety. Nothing will shake my resolve to serve in @realDonaldTrump’s administration and bring much-needed change to @HUDgov.’

Local police officials in Florida also released a statement that a family member of Matt Gaetz, who recently withdrew himself as Trump’s attorney general nominee, received a threat, but it is unclear if there is any connection to the other threats.

‘We received notification of a bomb threat referencing former Congressman Matt Gaetz’s supposed mailbox at a home in the Niceville area around 9 a.m. this morning,’ the Okaloosa County Sheriffs Office posted on Facebook. ‘A family member resides at the address but former Congressman Gaetz is NOT a resident. The mailbox however was cleared and no devices were located. The immediate area was also searched with negative results.’

A White House spokesperson said Wednesday in a statement that President Biden has been briefed on the situation. 

‘The White House is in touch with federal law enforcement and the President-elect’s team, and continues to monitor the situation closely,’ the spokesperson said. ‘Federal law enforcement’s response, alongside state and local authorities, remains ongoing. The President and the Administration unequivocally condemn threats of political violence.’

Incoming Trump border czar Tom Homan spoke with Fox News on ‘The Story’ on Wednesday and said that up until today he had not been taking threats against himself and his family ‘seriously,’ but after the recent developments with other officials being threatened, he now does. 

The threats come mere months after Trump survived two assassination attempts.

Just days before accepting the Republican nomination, Trump was shot at a rally on July 13 in Butler, Pennsylvania. During the event, Trump was displaying a chart highlighting skyrocketing illegal immigration under the Biden-Harris administration. As he turned toward the chart, he was hit by a bullet that pierced the upper part of his right ear by the now-deceased would-be-assassin, Thomas Matthew Crooks. Trump credits the chart for saving his life.

Weeks later, in September, another would-be-assassin hid in the bushes at Trump International Golf Course in West Palm Beach, Florida. The alleged gunman, Ryan Wesley Routh, had an AK-47-style rifle pointing through the fence toward Trump as the GOP nominee was golfing. Trump was rushed off the golf course by U.S. Secret Service agents unharmed.

This is a developing story. Please check back for updates.

Fox News Digital’s Andrew Mark Miller contributed to this report.

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A top aide to Vice President Kamala Harris during her presidential campaign recently revealed that internal polls never actually saw her defeating President-elect Donald Trump, but apparently this was not conveyed to those collecting high-dollar donations for her bid. 

‘That’s not what we were told,’ DNC National Finance Committee member and Harris campaign fundraiser Lindy Li shared with Fox News Digital. 

‘We were told definitely that she had a shot at winning – it wasn’t even a shot. I was even told that Pennsylvania was looking good, that we would win 3-4 swing states.’

‘And on the night of election night… we were told that we were going to win Iowa.’

But Harris senior adviser David Plouffe presented a much different analysis of the vice president’s chances at that point in time on ‘Pod Save America,’ a show hosted by staffers of former President Barack Obama.  

‘We didn’t get the breaks we needed on Election Day,’ he told the hosts in the episode which aired on Tuesday. 

‘I think it surprised people because there was these public polls that came out in late September, early October, showing us with leads that we never saw.’

Plouffe, along with other top Harris aides Jen O’Malley Dillon, Stephanie Cutter and Quentin Fulks, joined the podcast to share why they believed they lost the election. 

While the top advisers on the campaign were apparently aware of Harris’ polling deficit, this information was seemingly obscured to other relevant parties, including those soliciting capital from donors, such as Li. 

According to Li, it is ‘absolutely not’ normal for a campaign to obscure this type of information. 

‘I’ve been doing this since I graduated from college more than a decade [ago]. Absolutely not.’

She also shared that donors’ trust will need to be gained back because of the daylight between what the campaign was telegraphing about its situation and the reality. ‘But like for some casual donors, they’re going to be like, no f—ing way,’ Li said. 

‘It’s not that he’d beat her that’s a shock. It’s the extent to which he beat her. It wasn’t even close. It was a decisive defeat.’ 

Harris had rivaled Trump and even defeated him in numerous respected public polls across the country, which Plouffe acknowledged in the appearance.

‘When Kamala Harris became the nominee, she was behind. We kind of, you know, climbed back, and even post-debate, you know, we still had ourselves down, you know, in the battleground states, but very close. And so, I think, by the end, it was a jump-ball race,’ he said. 

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Abercrombie & Fitch isn’t giving up its crown anytime soon. 

The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter of results that topped expectations. The recent arrest of the company’s former CEO, Mike Jeffries, on charges of sex trafficking did not appear to affect results.

Here’s how Abercrombie did in its fiscal third quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:

The company’s reported net income for the three-month period that ended Nov. 2 was $131.98 million, or $2.50 per share, compared with $96.2 million, or $1.83 per share, a year earlier. 

Sales rose to $1.21 billion, up around 14% from $1.06 billion a year earlier. 

For the all-important holiday shopping quarter, Abercrombie is expecting sales growth of 5% to 7%, ahead of the 4.8% growth that analysts had expected, according to LSEG. For the full year, the company is expecting sales to rise between 14% and 15%, higher than the 12% to 13% range it previously anticipated. That new outlook is higher than the 12.1% growth analysts had expected, according to LSEG. 

Despite the better-than-expected guidance, Abercrombie shares dropped about 3% in premarket trading.

In a news release, CEO Fran Horowitz struck a positive note, leaving out the concerns she’d mentioned in the previous quarter about the “increasingly uncertain environment.” 

“With broad-based growth across regions and brands, we continue to execute at a high level, leveraging our regional playbooks and operating model. Each of our regions grew double-digits in the quarter, with the Americas growing 14%, EMEA growing 15% and APAC growing 32%,” said Horowitz.

The Abercrombie and Hollister brands posted comparable sales growth of 11% and 21%, respectively. Horowitz noted the strong performances lapped growth of 26% for Abercrombie and 7% for Hollister last year.

Under Horowitz’s direction, Abercrombie has become one of the retail industry’s biggest winners. As it laps the strong performance it posted last year, it’s continuing to build on those numbers.

To keep gaining momentum, Horowitz is looking to international markets for growth. Abercrombie has also gone into new categories, such as its wedding collection and recent partnership with the NFL. It’s also focused on developing its Hollister chain, which caters to Gen Z shoppers, and ensuring the brand is differentiated from Abercrombie, which caters to millennials. 

During the quarter, sales at Hollister were up 14%, accounting for nearly half of all revenue. 

As retailers gear up for Black Friday and the duration of the holiday shopping season, it appears as if some of the dim sentiment clouding the back half of the year has evaporated after President-elect Donald Trump’s victory. 

For example, Abercrombie and Dick’s Sporting Goods — which both reported earnings on Tuesday — struck cautious tones when reporting earnings over the summer, but that sentiment was replaced with bullishness now that the election is over. 

Consumer sentiment has improved since Trump’s election and analysts are hopeful that certainty in the election results — regardless of who won — will be a boon for spending.

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Shares in a little-known drone company soared Wednesday after announcing that Donald Trump Jr. had joined its advisory board.

Unusual Machines, an Orlando, Florida-based firm born just two years ago as it acquired a drone manufacturer and a separate drone retailing firm, announced the appointment in an early-morning press release.

“Don Jr. joining our board of advisors provides us unique expertise we need as we bring drone component manufacturing back to America,” Allan Evans, Unusual Machines’ CEO, said in the release. “He brings a wealth of experience and I look forward to his advice and role within the Company as we continue to build our business.”

Trump Jr., in the statement, also put the move in the context of the America First economic agenda of his father, President-elect Donald Trump.

“The need for drones is obvious. It is also obvious that we must stop buying Chinese drones and Chinese drone parts,” Trump Jr. said. “I love what Unusual Machines is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement.”

After announcing Trump Jr.’s move, Unusual Machines’ stock nearly doubled to more than $10 on heavy trading volume before giving back some of the gains.

In a securities filing Wednesday, Trump Jr. is listed as at one point having been Unusual Machines’ second-largest shareholder. The company disclosed that Trump Jr. had previously owned 331,580 shares of Unusual Machines before a share offering detailed in the statement, and currently owns no shares. The statement does not disclose the price paid by Trump Jr. for his shares, or what price he sold them at.

Nevertheless, the stock surge demonstrates the extent to which an association with the Trump name can transform an entity’s fortunes, for better or worse. During Donald Trump’s first term as president, his social media posts mentioning a company or one of its executives could cause shares to slide or jump, creating material risks or gains for investors.

Unusual Machines already had some momentum earlier this month, posting large gains after Election Day. Still, even with the share increases, its market value stood at a relatively meager $69 million as of early Wednesday afternoon.

Unusual Machines also finds itself potentially in the crossfire if President-elect Trump launches a new trade war with China. The company notes in the securities filing its heavy reliance on Chinese imports, which Trump now says would face punitive tariffs once he takes office. “If there are increased tariffs imposed, it could materially and adversely affect our business and results of operations,” the company said in a regulatory filing, warning of potential price increases.

An Unusual Machines spokesperson didn’t immediately respond to a request for comment.

In February, Unusual Machines closed its initial public offering of 1.25 million shares of stock for net proceeds of $3.85 million, according to CNBC.

When the company completed its IPO, it also acquired the drone brands Fat Shark and Rotor Riot from Red Cat. Jeffrey Thompson, the founder and CEO of Red Cat, is the founder, prior CEO and current board member of Unusual Machines.

In a recent regulatory note, Unusual Machines said it changed its accounting firm in April and “terminated its engagement with their prior auditor.” The firm in question was BF Borgers CPA, which also had been the auditor for Trump Media, the Truth Social parent company whose majority owner is the president-elect.

The SEC in May charged BF Borgers with “massive fraud” for work that affected more than 1,500 SEC filings. The auditor and owner Benjamin Borgers agreed to be permanently suspended from practicing as an accountants before the SEC and to pay a combined $14 million in penalties.

Trump Media soon after retained a new auditor to replace BF Borgers.

Unusual Machines in its recent quarterly report said that its own new accounting firm re-audited the company’s prior financial statements, and found that various transactions and stock compensation expenses weren’t recorded.


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Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed a GOP sweep, seems to be giving them the fuel to do so.

On Tuesday, Best Buy reported one of its worst three-month stretches of the past decade, something CEO Corie Barry blamed in part on the ‘distraction’ of the presidential contest, alongside an overall more uncertain macroeconomic environment.

But she said the company has begun to see holiday sales momentum now that the vote is over — with particular demand for computers, tablets and sales in its services department.

“We continue to see a consumer who is seeking value and sales events, and one who is also willing to spend on high price-point products when they need to or when there is new, compelling technology,” Barry said in a release.

Best Buy’s latest results — representing its worst quarterly profit ‘miss’ of estimates in more than a decade — capture the uncertain environment most retailers are experiencing.

While consumers are still grappling with higher prices on everyday items and groceries, surveys and commentary suggest any uncertainty brought about by the election has lifted over the past couple of weeks.

Gallup’s monthly Economic Confidence Index survey saw a nine-point jump this month compared with October. Although the report still shows most Americans believe economic conditions are ‘getting worse’ overall, the current reading of -17 is the best since a -12 reading in August 2021.

The improvement was driven by a six-percentage-point drop in ‘poor’ ratings, while 36% of survey respondents said the economy is getting better, compared with 32%% in October. Overall, 55% said it’s getting worse — down from 62% last month.

Gallup’s survey was conducted between Nov. 6 and Nov. 20.

The index’s improvements were heavily partisan: Republicans’ scoring of the economy soared 29 points during the survey period, while Democrats’ dropped 10 points — though notably, Democrats still hold a net positive rating of the economy compared with both Republicans and independents.

A separate monthly consumer-confidence report released Tuesday also surged to its highest level in nearly 18 months, with optimism about family finances over the next six months hitting a new all-time high.

The widely followed survey from The Conference Board, a business nonprofit, also saw the lowest proportion of consumers anticipating a recession in more than two years, while inflation expectations fell to the lowest measure since March 2020. Job availability expectations, meanwhile, reached their highest level in almost three years.

Among those expecting stronger holiday sales Tuesday was Abercrombie & Fitch, which continues to see a sales renaissance. The trendy apparel chain now expects holiday quarter sales growth of 5% to 7%, ahead of the 4.8% growth that analysts had expected, CNBC reported. It also lifted its sales growth guidance for the full year.

Burlington likewise noted a strong start to holiday sales in a Tuesday earnings release, with the outerwear retailer stating it was ‘optimistic’ about its prospects for the upcoming quarter, while maintaining a ‘cautious’ outlook overall.

The sunnier if still cautious outlook is resonating on Wall Street: According to CNBC, a retail-focused stock-tracker traded on the New York Stock Exchange is up 10% month to date and is heading for its best month since February.

Last week, the Philadelphia Federal Reserve announced its quarterly survey of dozens of economic forecasters now showed the U.S. economy expanding at an annual rate of 2.2% in the coming three months, and 1.9% in the first quarter of 2025. That’s up from the predictions of 1.7 percent in the last survey.

‘The near-term outlook for the U.S. economy looks better now than it did three months ago,’ it said.

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