Author

admin

Browsing

Roughly half of Americans approve of how President-elect Trump is handling his transition to a second term in the White House, according to two new national polls.

Fifty-five percent of Americans said they largely approve of how the president-elect is handling the transition from the Biden to Trump administrations, according to a CNN poll released Wednesday.

That’s a higher percentage compared to eight years ago, when Trump first won the White House, but it’s still well behind other recent presidents, according to CNN polling.

Meanwhile, 47% of people questioned in a Marist Poll also released Tuesday gave the former and future president a thumbs up when it comes to how he’s handling the transition, with 39% disapproving and 14% unsure.

Not surprisingly, the Marist survey indicates a massive partisan divide on the question, with 86% of Republicans approving of how the GOP president-elect is handling the transition. But 72% of Democrats disapproved. Among independents, 43% disapproved and 38% approved.

‘Although more people support Trump’s transition than oppose it, more independents are taking a wait-and-see position than more partisan voters,’ Marist Institute for Public Opinion Director Lee Miringoff said.

Miringoff added that ‘a note of caution for President-elect Trump is that fewer voters approve of the transition than gave a thumbs up to either Biden or Obama at this point.’

Marist questioned 3,131 adults nationwide from Dec. 3-5 for its survey, which had an overall margin of error of plus or minus 2.1 percentage points.

The CNN poll was conducted Dec. 5-8, with an overall sampling error of plus or minus 3.8 percentage points.

The release of the polls came as Trump’s cabinet picks continued to meet with senators on Capitol Hill ahead of confirmation hearings starting next month.

Trump named his nominees for his cabinet and his choices for other top administration officials at a faster pace than he did eight years ago after his first White House victory.

But his transition has already faced some setbacks, including his first attorney general nominee, former Rep. Matt Gaetz, ending his bid for confirmation amid controversy over allegations he paid for sex with underage girls.

Trump last weekend made his first international trip since defeating Vice President Kamala Harris in last month’s election, and he was courted by world leaders during a stop in Paris.

Trump will be inaugurated Jan. 20.

According to the CNN poll, 54% of Americans say they expect Trump to do a good job as president once he takes over the White House. 

This post appeared first on FOX NEWS

Republicans and conservatives on social media are taking a victory lap after Senate Democrats failed in a last-minute attempt to keep control of the National Labor Relations Board (NLRB) on Wednesday after narrowly losing a vote to end debate on re-appointing the board’s chair, Lauren McFerran.

Outgoing Democrat Senate Majority Leader Chuck Schumer had hoped to confirm McFerran, a President Biden pick, to a new five-year term that would have given Democrats control of the influential agency until at least 2026, but the vote failed, 50-49, with independent Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona voting against it. 

The vote, which conservatives had railed against for days by arguing that President-elect Trump should decide the pick after his November election victory, was celebrated by conservatives.

‘Working Americans just delivered a massive victory for President Trump and his pro-worker polices, so why on earth would we let Biden choose more NLRB nominees?’ Sen. Josh Hawley, R-Mo., told Fox News Digital in a statement. ‘I’m glad we didn’t, and I look forward to working with President Trump to support policies and nominees that are good for working families and all Americans.’

‘Lauren McFerran’s abysmal record running the Biden-Harris NLRB includes undermining freelancers, crushing businesses of all sizes, and greenlighting vulgar union harassment of American workers,’ Tom Hebert, director of competition and regulatory policy for Americans for Tax Reform, told Fox News Digital in a statement.

‘Chuck Schumer tried to put the Trump-Vance NLRB under Democrat control by sneaking McFerran’s renomination through the Senate, anticipating Republican absences. Fortunately for American workers and businesses, Republicans showed up and blocked Schumer’s scheme, ensuring the Trump-Vance NLRB is controlled by pro-worker Republicans instead of anti-worker Democrats.’

‘I am glad the Senate rejected Democrats’ partisan attempt to deny President Trump the opportunity to choose his own NLRB nominees and enact a pro-America, pro-worker agenda with the mandate he has from the American people,’ Sen. Bill Cassidy, R-La., posted on X.

‘Outstanding work @SenateGOP and free thinkers @SenatorSinema and @Sen_JoeManchin!’ Independent Women’s Voice senior policy analyst Carrie Sheffield posted on X. ‘Another antagonist of @elonmusk and free speech collapses. Paving the way for @realDonaldTrump to fix harmful policies. Great work.’

A point of frustration for Republicans was the fact that Health, Education, Labor, and Pensions Committee Chair Bernie Sanders denied a request from Cassidy to hold a public hearing on McFerran before advancing her. McFerran’s nomination has been waiting for consideration since August.

In 2021, McFerran’s NLRB ordered Tesla to direct Musk to delete a tweet they said was damaging to a unionization effort at Tesla in a move that was eventually overturned by the U.S. Appeals Court. 

‘The current administration is doing everything possible to prevent government efficiency, but @DOGE is inevitable,’ Tesla and Space X CEO Elon Musk posted on X before the vote in response to a post lamenting the Democrat push to advance McFerran. 

Unlike most similar agencies, members of the NLRB cannot be removed by the president at will simply based on policy goals or changing administrations. 

‘Any member of the Board may be removed by the President, upon notice and hearing, for neglect of duty or malfeasance in office, but for no other cause,’ the NLRB website states.

In response to the McFerran vote, Democrats pulled the cloture vote for Republican NLRB nominee Joshua Ditelberg, giving Trump the opportunity to fill two seats if nothing changes before inauguration day. 

Schumer filed cloture on McFerran’s nomination on Monday, setting up a vote on Wednesday. In floor remarks, the New York Democrat did not acknowledge the lame-duck nature of the vote, telling his colleagues, ‘If you truly care about working families, if you care about fixing income inequality in America, then you should be in favor of advancing today’s NLRB nominees. You can’t say you are for working families, then go and vote ‘no’ today, because the NLRB protects workers from mistreatment on the job and from overreaching employers.’

In a statement after the vote, Schumer said, ‘It is deeply disappointing, a direct attack on working people, and incredibly troubling that this highly qualified nominee – with a proven track record of protecting worker rights – did not have the votes.’

Fox News Digital’s Julia Johnson contributed to this report.

This post appeared first on FOX NEWS

President-elect Donald Trump described Richard ‘Ric’ Grenell, his former acting director of National Intelligence, as a ‘fabulous person’ and ‘A STAR’ in response to a news report about him potentially serving as a special envoy for Iran.

Reuters reported that Trump is considering appointing Grenell to the position, citing ‘two people familiar with the transition plans.’ 

‘He’s definitely in the running,’ a person familiar with deliberations told the outlet under conditions of anonymity. Grenell, however, said the report is ‘made up.’

Trump shared the Reuters report on Truth Social Wednesday night. While he did not confirm or deny the information in the article, he wrote, ‘Richard Grenell is a fabulous person, A STAR. He will be someplace, high up!’

Grenell shared a link to the Reuters article on his X account on Wednesday evening and denied the information presented.

‘Wrong. Again,’ he wrote. ‘I hope there’s an actual editor somewhere at @Reuters who is doing journalism. This is made up.’

Grenell was previously rumored to be a candidate for various spots in Trump’s second term, including Secretary of State before Sen. Marco Rubio was appointed and special envoy for the Russia-Ukraine conflict before retired Lt. Gen. Keith Kellogg was selected.

Whoever is chosen for the Iran position would be responsible for ‘developing, coordinating, and implementing the State Department’s Iran policy,’ per the job description.

The person would report directly to Rubio – assuming the Senate approves his nomination.

Grenell has been a loyal ally to Trump since his first presidential term and often appeared on the 2024 campaign trail to show his support for the now president-elect.

Fox News Digital has reached out to Reuters for comment.

This post appeared first on FOX NEWS

The House voted to pass its yearly defense bill Wednesday, adding about another $1 trillion to the $36 trillion national debt.

The 1,800-page bill known as the National Defense Authorization Act (NDAA), details how $895.2 billion allocated toward defense and national security will be spent.

On Wednesday, the bill passed 281-140, with 16 Republicans voting no. Only 81 Democrats voted yes, while 124 voted no.

The legislation now heads to the Senate for passage before heading to President Biden’s desk for his signature.

The bill’s passage comes as the U.S. national debt continues to climb at a rapid pace and shows no signs of slowing down.

As of Dec. 11, the national debt, which measures what the U.S. owes its creditors, fell to $36,163,442,396,226.61, according to the latest numbers released by the U.S. Treasury Department. The debt represents a decrease of $8.8 billion from the figure released the previous day.

By comparison, 40 years ago, the national debt hovered at about $907 billion.

The latest findings from the Congressional Budget Office indicate the national debt will grow to an astonishing $54 trillion in the next decade, the result of an aging population and rising federal health care costs. Higher interest rates are also compounding the pain of higher debt.

Should that debt materialize, it could risk America’s economic standing in the world.

The spike in the national debt follows a burst of spending by President Biden and Democratic lawmakers.

As of September 2022, Biden had already approved roughly $4.8 trillion in borrowing, including $1.85 trillion for a COVID relief measure dubbed the American Rescue Plan and $370 billion for the bipartisan infrastructure bill, according to the Committee for a Responsible Federal Budget (CRFB), a group that advocates for reducing the deficit.

While that is about half of the $7.5 trillion that President-elect Trump added to the deficit while he was in office, it’s far more than the $2.5 trillion Trump approved at that same point during his first term. 

Biden has repeatedly defended the spending by his administration and boasted about cutting the deficit by $1.7 trillion. 

‘I might note parenthetically: In my first two years, I reduced the debt by $1.7 trillion. No president has ever done that,’ Biden said recently. 

That figure, though, refers to a reduction in the national deficit between fiscal years 2020 and 2022. The deficit certainly shrank during that period, though it was largely because emergency measures put in place during the COVID-19 pandemic had expired.

Despite adding to the national debt, the NDAA was strongly bipartisan, but some Democratic lawmakers were against the inclusion of a ban on transgender medical treatments for children of military members if such treatment could result in sterilization.

The bill also included a 14.5% pay raise for junior enlisted service members and a 4.5% increase for others as key to improving the quality of life for those serving in the military.

The defense act also includes measures to strengthen deterrence against China and calls for an investment of $15.6 billion to bolster military capabilities in the Indo-Pacific region. The Biden administration had only requested about $10 billion.

Fox News’ Eric Revell and Morgan Phillips, as well as The Associated Press, contributed to this report.

This post appeared first on FOX NEWS

President-elect Donald Trump nominated a few more candidates on Wednesday night to serve in various positions during his second term.

He tapped Kari Lake as the next director of the Voice of America, a state-funded U.S. government broadcaster. Lake was a longtime Arizona broadcaster who ran unsuccessfully for public office in 2022 and 2024.

‘I am pleased to announce that Kari Lake will serve as our next Director of the Voice of America. She will be appointed by, and work closely with, our next head of the U.S. Agency for Global Media, who I will announce soon, to ensure that the American values of Freedom and Liberty are broadcast around the World FAIRLY and ACCURATELY, unlike the lies spread by the Fake News Media,’ Trump wrote in a release.

Voice of America is an influential broadcast channel that provides news, information and cultural programming in over 40 languages on the Internet, mobile and social media, radio and television.

Trump also named Dr. Peter Lamelas, a physician, philanthropist, and businessman, as the next U.S. Ambassador to Argentina. Lamelas immigrated to the U.S. from Cuba and founded MD Now Urgent Care in Florida, the state’s largest urgent care system.

‘As a child, Peter and his family fled communist Cuba and LEGALLY immigrated to the USA, starting with nothing, and achieving the American Dream,’ Trump wrote on Truth Social.

Lamelas was previously appointed to the Department of Justice’s Medal of Valor Review Board during Trump’s first term and has served as a town commissioner in Manalapan, Florida, and on the state’s Board of Medicine.

 

Also on Wednesday evening, Trump announced Daniel Newlin, a law enforcement veteran and personal injury attorney, as the next U.S. Ambassador to Colombia. 

In addition to a 28-year career with the Orange County (Florida) Sheriff’s Office where he worked as a fugitive detective, Newlin is also a business executive and entrepreneur who founded Dan Newlin Personal Injury Attorneys – the second-largest firm of its kind in the country.

‘With his Law Enforcement expertise enabling him to navigate complex international issues, and his business insights fostering economic partnerships, Newlin stands as a powerful advocate for U.S. interests, and a Champion for strengthening ties, and making a difference in the World,’ Trump wrote.

The picks announced Wednesday night are the latest in a long string of nominations the president-elect hopes the Senate will approve.

This post appeared first on FOX NEWS

President-elect Trump tapped Kari Lake as the next director of the Voice of America, a state-funded U.S. government broadcaster.

‘I am pleased to announce that Kari Lake will serve as our next Director of the Voice of America. She will be appointed by, and work closely with, our next head of the U.S. Agency for Global Media, who I will announce soon, to ensure that the American values of Freedom and Liberty are broadcast around the World FAIRLY and ACCURATELY, unlike the lies spread by the Fake News Media,’ Trump wrote in a release on Wednesday night.

Lake was a longtime Arizona broadcaster who ran unsuccessfully for public office in 2022 and 2024. 

Voice of America is an influential broadcast channel that serves news, information, and cultural programming through the Internet, mobile and social media, radio, and television. 

The broadcaster serves in over 40 languages.

This post appeared first on FOX NEWS

As President-elect Trump and his transition team steer his cabinet nominees through the landmines of the Senate confirmation process, top MAGA allies are joining the fight by putting pressure on GOP lawmakers who aren’t fully on board.

‘There will be no resource that we won’t use to go after those U.S. senators that vote against Donald Trump’s Cabinet picks or his other nominees,’ longtime Trump outside adviser Corey Lewandowski told Fox News this week.

Fueled by grassroots support for Trump and his nominees, the president-elect’s political team and allies are cranking up the volume.

Exhibit A: Republican Sen. Joni Ernst of Iowa.

Ernst, the first female combat veteran elected to the Senate, is considered a pivotal vote in the confirmation battle over Pete Hegseth, Trump’s nominee for defense secretary.

Hegseth, an Army National Guard officer who deployed to the wars in Afghanistan and Iraq and who until last month was a longtime Fox News host, has been the focus of a slew of media reports spotlighting a series of drinking and sexual misconduct allegations, as well as a report alleging he mismanaged a veterans nonprofit organization that he once led.

Hegseth has denied allegations that he mistreated women, but did reach a financial settlement with an accuser from a 2017 incident to avoid a lawsuit. He has vowed that he won’t drink ‘a drop of alcohol’ if confirmed as defense secretary.

Ernst, a member of the Armed Services Committee, which will hold Hegseth’s confirmation hearings, took plenty of incoming fire after last week publicly expressing hesitance over Hegseth’s nomination.

While Trump publicly praised Hegseth late last week, as the nomination appeared to be teetering, top allies of the president-elect took aim at Ernst, who is up for re-election in 2026 in red-state Iowa.

Donald Trump Jr., the president-elect’s oldest son and MAGA powerhouse, took to social media to target Ernst and other potentially wavering Republican senators.

‘If you’re a GOP Senator who voted for Lloyd Austin [President Biden’s defense secretary], but criticize @PeteHegseth, then maybe you’re in the wrong political party!’ he posted.

Top MAGA ally Charlie Kirk quickly took aim at Ernst with talk of supporting a primary challenger to her.

‘This is the red line. This is not a joke.… The funding is already being put together. Donors are calling like crazy. Primaries are going to be launched,’ said Kirk, an influential conservative activist and radio and TV host who co-founded and steers Turning Point USA.

Kirk, on his radio program, warned that ‘if you support the president’s agenda, you’re good. You’re marked safe from a primary. You go up against Pete Hegseth, the president, repeatedly, then don’t be surprised, Joni Ernst, if all of a sudden you have a primary challenge in Iowa.’

Iowa Attorney General Brenna Bird, a top Trump supporter in last January’s first-in-the-nation presidential caucuses, wrote a column on Breitbart urging Hegseth’s confirmation.

While she didn’t mention Ernst by name, Bird took aim at ‘D.C. politicians’ who ‘think they can ignore the voices of their constituents and entertain smears from the same outlets that have pushed out lies for years.’

And longtime Iowa-based conservative commentator and media personality Steve Deace took to social media and used his radio program to highlight that he would consider launching a primary challenge against Ernst.

Ernst, who stayed neutral in the Iowa caucuses before endorsing Trump later in the GOP presidential primary calendar, may have gotten the message.

After meeting earlier this week for a second time with Hegseth, Ernst said in a statement that her meeting was ‘encouraging’ and that she would ‘support Pete through this process.’

But Ernst’s office told Fox News that ‘the senator has consistently followed the process, which she has said since the beginning, and doing her job as a United States senator.’

It’s not just Ernst who has faced the fire from Trump allies and MAGA world.

Sen. Bill Cassidy of Louisiana, one of four remaining GOP senators who voted in the 2021 Trump impeachment trial to convict him, is also up for re-election in 2026 in a reliably red state. Cassidy is now facing a formal primary challenge from Louisiana Treasurer John Fleming, a senior adviser in the first Trump administration.

Sen. Mike Rounds, another Republican up for re-election in two years in GOP-dominated South Dakota, has also been blasted by Kirk, as well as by top Trump ally and billionaire Elon Musk.

And staunch Trump supporter Sen. Tommy Tuberville of Alabama had a warning for Republican Senate colleagues who may oppose the president-elect’s nominees.

‘Republicans: If you’re not on the team, get out of the way,’ he told FOX Business.

Whether these early threats from Trump allies turn into actual primary challenges in the next midterm elections remains to be seen. And ousting a senator is no easy feat. It’s been a dozen years since an incumbent senator was defeated during a primary challenge.

But Trump’s team and allies are playing hardball in the wake of former Rep. Matt Gaetz, R-Fla., the president-elect’s first attorney general nominee, ending his confirmation bid amid controversy.

There has been a full-court press by Trump’s political orbit to bolster Hegseth — in order to protect him and some of the president-elect’s other controversial Cabinet picks.

‘If Trump world allowed a couple of establishment senators to veto a second nominee, it would have led to a feeding frenzy on Trump’s other nominees, and so the thinking in Trump world was we have to defend Pete not just for the sake of defending Pete, but also for the sake of defending our other nominees,’ a longtime Trump world adviser, who asked to remain anonymous to speak more freely, told Fox News.

Fox News’ Emma Colton, Cameron Cawthorne, Julia Johnson, Tyler Olson and Chad Pergram contributed to this report.

This post appeared first on FOX NEWS

Earlier this year, Steve Cohen laid out his principles as the owner of the New York Mets, saying it was a “philanthropic” endeavor, in an interview with CNBC’s Andrew Ross Sorkin.

“I don’t care about the cost side,” Cohen said, adding: “If I can make millions of people happy, how cool is that? I actually do it as a civic responsibility.”

That attitude helps explain how outfielder Juan Soto ended up agreeing to the richest-ever contract in baseball on Sunday, and among the most lucrative signed by any professional athlete in the world. 

The deal for Soto, who’s 26 and from the Dominican Republic, comes to $765 million over 15 years and includes a $75 million signing bonus and has the potential to increase to more than $800 million, according to MLB.com.

What’s especially notable about the contract is that none of the money is “deferred” — meaning it must be paid each year that Soto is on the Mets’ active roster. Besides the dollar amount, the lack of deferrals is what makes Soto’s contract even more eye-popping than the $700 million deal signed just last year by Los Angeles Dodgers star Shohei Ohtani: $680 million of Ohtani’s deal will not be paid until after 2034. 

For Soto, it means taking all the money up front. 

“It actually makes little sense why (Soto) would get such a big contract without deferrals,” Nathan Goldman, an associate professor of accounting at North Carolina State University, said in an interview with NBC News.    

Given the hefty combined personal income tax rates — approximately 15% for the wealthiest residents — levied by the city and state of New York, Soto’s ultimate payout will be somewhat diminished. 

Yet Soto retains the potential to earn even more money: According to MLB.com, he can opt out of his contract after his fifth year with the Mets if he believes he can command higher sums on the free market. 

However, the Mets can override that opt-out by increasing his annual salary by $4 million a year, from $51 million to $55 million for the final 10 years. 

And Soto’s contract does not include the amount the Mets and Cohen will have to pay to satisfy Major League Baseball’s luxury tax. Though ostensibly designed to create a more even playing field between large- and small-market teams, deep-pocketed owners like Cohen have not flinched at paying that penalty to acquire the most coveted players. 

The simple answer to unlocking Soto’s contract may simply be Cohen. Despite regularly carrying some of the most expensive contracts in baseball this century — including a $340 million deal signed with shortstop Francisco Lindor in 2022 — the Mets have been thwarted time and time again, including crushing losses in the playoffs and World Series. The team is nearing the 40th anniversary of its last championship.  The outlook seemed to change five years ago, when Cohen, a longtime hedge fund manager, purchased the team for $2.4 billion. Cohen has been an unusually accessible owner, meeting with fans on multiple occasions and often weighing in on social media. 

More importantly: Cohen, worth as much as $21.3 billion according to Forbes, has been among the most profligate owners in baseball since he took the reins of the team. According to data from Spotrac, a website that monitors sports spending, the Mets have held the largest annual payroll since 2023. A separate index from TheScore.com that tracks payrolls versus teams’ approximate revenues shows Cohen may actually be operating the team at a loss.   

Despite the annual ratcheting of payrolls, the winner of the World Series has often been unpredictable. But the baseball gods have been notoriously cruel to the Mets, despite their outsize spending. After crashing out of the first round of the playoffs in 2022 with a roster full of veterans, Cohen blew up the team and traded for prospects while loading up on another set of expensive free agents. 

But that team still only tied for second in the National League East Division this year and barely made the playoffs. While they nevertheless made it to the National League Championship Series, they were ultimately bested by the Los Angeles Dodgers, who went on to win the World Series in October.

Yet over time, payroll does seem to equate to winning — belying the infamous “Moneyball” approach to spending efficiently on under-used players. 

With Soto’s contract, it seems Cohen will not be denied again. According to reports, the New York Yankees, baseball’s long-running big spenders, offered Soto only $5 million less than the Mets. But despite making the World Series this year, the Bronx Bombers have faced roster turmoil in recent years, while continuing to employ a manager, Aaron Boone, now loathed by many fans. 

Ironically, Soto is coming over from the Yankees, where he was traded in December 2023.  

Soto is entering his peak years and continues to draw comparisons to the hitting legends Ted Williams and Barry Bonds. That combination of youth and potential helped clinch the salary record.    

Another key to Soto ending up with such a massive contract was simply timing. He took advantage of a year lacking in other mega free agents and was able to command a premium on the open market. 

It’s possible Soto’s contract will be surpassed in just one year. Analysts say Toronto Blue Jays star Vladimir Guerrero Jr., who finished sixth in MVP voting last season, is expected to command massive numbers when he enters free agency after the 2025 season. 

Even if no one ends up reaching or surpassing Soto’s figure, MLB will continue to lead all professional sports in titanic deals for contracts, for one simple reason: Unlike the NFL and NBA, it doesn’t have a salary cap.

According to Michael Ginnitti, Spotrac’s founder and managing editor, “Baseball’s luxury tax system … allows billionaires to spend billions on their team if they choose.”

This post appeared first on NBC NEWS

A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid.

Judge Adrienne Nelson said Tuesday afternoon that a merger between the two companies would end up harming consumers.

The two companies ‘engage in substantial head-to-head competition and the proposed merger would remove that competition,’ Ferguson wrote. As a result, the proposed merger would be likely to lead to outcomes that ‘unilaterally’ harm consumers and is thus ‘presumptively unlawful. ‘

Ferguson also ruled the merger would be bad for workers, arguing that increased consolidation would reduce workers’ bargaining power.

Albertsons said in a statement that it is ‘disappointed by the U.S. District Court’s decision to grant the FTC’s request for a preliminary injunction.’

‘We believe we clearly outlined during the proceedings how the proposed merger would expand competition, lower prices, increase associate wages, protect union jobs, and enhance customers’ shopping experience. We are carefully reviewing the Court’s opinion and are evaluating our options in accordance with the merger agreement,’ it said.

A spokesperson for Kroger also expressed disappointment and said the company ‘is currently reviewing its options.’

Kroger, based in Cincinnati, has said a court ruling like this one would effectively scuttle the merger.

The FTC applauded the decision, saying the agency “scored a major victory for the American people, successfully blocking Kroger’s acquisition of Albertsons.’

‘This victory has a direct, tangible impact on the lives of millions of Americans who shop at Kroger or Albertsons-owned grocery stores for their everyday needs, whether that’s a Fry’s in Arizona, a Von’s in Southern California, or a Jewel-Osco in Illinois,’ the FTC said in a statement.

Kroger shares closed up 5% Tuesday, while shares of Albertsons, based in Boise, Idaho, finished 2% lower.

Kroger had argued the deal was necessary for it to continue to compete with big box retailers like Walmart and Target, as well as Amazon, that have significantly grown their grocery businesses.

But Nelson said that ‘supermarkets’ still represent a distinct, niche market within the U.S. consumer landscape and that the impacts from the proposed merger must be accounted for.

The ruling is a victory for the Biden administration and especially FTC Chair Lina Khan, who has taken an unprecedentedly aggressive approach to countering mergers likely to create monopolies.

This post appeared first on NBC NEWS

Salt Lake City has grown from a winter sports venue to a vibrant technology hub in just two decades, leveraging the legacy of the 2002 Winter Olympics to transform into one of America’s fastest-growing business destinations.

Known as part of Utah’s “Silicon Slopes,” the city has become a magnet for entrepreneurial spirit, venture capital and a flourishing workforce. Over the past decade, wages have risen by 51%, and the population has increased by 10%, according to the Census Bureau.

Former Utah Gov. Michael Leavitt credits the Olympics with spurring major infrastructure projects in Salt Lake City, attracting technology talent and establishing an economic legacy that continues to shape the region’s identity.

“The Games were a great catalyst. And big economic growth needs a catalyst like that,” Leavitt told CNBC for the upcoming “Cities of Success: Salt Lake City” special, premiering Tuesday at 10 p.m. ET.

In 2002, the world watched as Salt Lake City welcomed athletes and spectators to the Winter Olympics. But for Leavitt, who served as governor from 1993 to 2003, the Games meant much more than 17 days of sporting excitement. 

“The 17 days of the Games is very important,” Leavitt said. “But it’s what happens in the seven or eight years in advance — and what happens in the 10 years after — that ultimately makes the Games a worthwhile experience, both economically and culturally.”

The 2002 Games utilized 10 facilities, all of which continue to serve the community and attract major events, including the Olympic Oval, a premier speed skating venue still used by aspiring Olympians today. 

The multimillion-dollar facility is said to have the “fastest ice on Earth” by athletes who have broken records on it.

Experts say the high altitude — more than 4,600 feet above sea level — reduces air resistance, which may help give skaters an edge when it comes to speed.

In preparation for the Games, Leavitt said, Utah invested in infrastructure improvements, including light rail and major highways, creating lasting benefits for both residents and visitors.

“It’s a lot like having a party at your house — a lot gets done with that deadline,” Leavitt told CNBC. “We competed with the world and realized we can win.”

Salt Lake City’s 2002 Olympics cost about $2 billion and turned a profit. The University of Utah’s Kem C. Gardner Policy Institute reports the state’s allocation for the Games resulted in a $164 million surplus, with $59 million returned to taxpayers.

In the 15 years following the Games, skier visits to Utah increased by 43%, hotel and lodging revenue grew by 70%, and visitor spending soared by 66%, according to the Gardner Institute.

″[The early 90s] was at a time when technology was just beginning to emerge,” Leavitt said. “Up until that point, Utah had been both agriculturally based as well as defense — but there was an ambition on our part to become a tech capital.”

During preparations for the Olympics, Leavitt met with Adobe co-founder and Salt Lake City native John Warnock in Silicon Valley to discuss building a tech community in Utah.

Leavitt recalled a comment Warnock made to him: “If you want [me] to come to Utah, I need engineers.”

Acting on Warnock’s advice, in 2001, Leavitt and the state of Utah launched the Engineering and Computer Science Initiative. The program aimed to improve higher education in these fields by expanding faculty and programs, ultimately doubling the number of engineering and computer science graduates over two decades with a cumulative $40.1 million investment.

With state funding, colleges and universities rose to the challenge, aligning programs with student interests and industry demands. Since then, public and private investments have continued to grow, driven by the region’s increasing need for tech workers.

Adobe years later acquired Utah-based Omniture for $1.8 billion, signaling Utah’s capacity to build competitive tech enterprises, Leavitt said.

“It was the combination of a clear vision, dramatically ratcheting up the number of engineers we were educating, and having the Olympics and a place they wanted to live,” Leavitt said. “All of that came together into what’s become one of the most robust economies in the country around technology.”

With the 2034 Winter Games set to return to Salt Lake City, Utah aims to build on its existing infrastructure with an estimated $31 million in upgrades — a modest cost compared with the $286.7 million spent in 2002.

The state expects the upcoming Games to generate $6.6 billion in economic activity, create 42,000 job-years of employment — the equivalent of 4,200 full-time jobs for 10 years — and add nearly $3.9 billion to Utah’s economy, solidifying the Olympics’ role in Utah’s flourishing tech landscape.

“We now have advantages we didn’t have,” Leavitt said. “We have all of the infrastructure that’s there, and we have a reputation. The Games will be done well in 2034. There’s just no question about it.”

Disclosure: CNBC parent NBCUniversal owns NBC Sports and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer and Winter Games through 2032.

This post appeared first on NBC NEWS