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WSJ What’s News

Trump Names Musk to Head Proposed Government Efficiency Commission

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 5 September 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

P.M. Edition for Sept. 5. Former President Donald Trump announced his economic policy plans, including an idea from Elon Musk. WSJ’s Alex Leary explains how it all fits with Trump’s campaign message. And immigration has changed the labor market. Reporter Paul Kiernan takes us through the data. Plus, Hunter Biden agrees to a surprise guilty plea in his tax case. Tracie Hunte hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm Scarlet Johanson. My family relied on public assistance to help provide meals for us.

0:04.6

These meals help fuel my love for acting. When people are fed, futures are nourished.

0:08.9

Join the movement to end hunger at Feeding America.org

0:11.9

slash Act Now. Brought to you by Feeding America.org slash Act Now.

0:13.0

Brought to you by Feeding America and the Ad Council.

0:15.0

Trump announces the speed of economic policies barring an idea from Elon Musk and how immigration is changing the

0:25.6

U.S. workforce.

0:26.6

It's just a complicated picture, you know, it's helpful to the U.S. economy and demographics, the the surge that we've seen in immigration in the past few years really is historic.

0:39.0

Plus, our best college rankings are out.

0:42.0

Find out who takes the top spot.

0:44.4

It's Thursday, September 5th.

0:46.3

I'm Tracy Hunt for the Wall Street Journal.

0:48.6

This is the PM edition of What's News,

0:51.2

the top headlines and business stories that move the world today. Donald Trump says he'll formally introduce a government efficiency commission and appoint

1:06.2

Elon Musk to head it.

1:08.2

He made the announcement today at the Economic Club of New York, where he presented a package of economic proposals.

1:14.6

He also said he'd cut the corporate tax rate to 15% for companies that make products in the United

1:19.4

States and create a sovereign wealth fund.

1:22.4

Alex Leary covers national politics for the Wall Street Journal,

1:25.0

and he joins us now.

1:27.0

Hi, Alex.

1:28.0

Hi, Alex. First off, let's talk about this commission.

...

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