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The NewsWorthy

Trump Transition Begins, Fed Rate Cut & Cold Meds Ineffective? - Friday, November 8, 2024

The NewsWorthy

Erica Mandy

Daily News, Society & Culture, News

3.91.3K Ratings

🗓️ 8 November 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

The news to know for Friday, November 8, 2024!

What to know about the first major decisions of President-elect Trump's new term, including a historic chief of staff pick.

And what President Biden said in his first post-election speech.

Also, the Fed's latest interest rate cuts—and what to expect next.

Plus, what's known so far about disturbing, racist text messages sent to people in several states, why the FDA wants to ban an ingredient in some popular cold medications, and what one small-town school custodian did that led to the building being named after her.

Those stories and even more news to know in about 10 minutes! 

 

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Transcript

Click on a timestamp to play from that location

0:00.0

Today is Friday, November 8th.

0:02.0

What to know about the first major decisions of President-elect Trump's new term,

0:05.7

including a historic chief of staff pick,

0:07.9

and what President Biden said in his first post-election speech.

0:11.8

Also, we'll tell you about the Fed's latest interest rate cuts and what to expect next.

0:16.2

Plus, what's known so far about disturbing racist text messages going out to people in several states, why the

0:21.5

FDA wants to ban an ingredient in some popular cold meds, and what one small town school custodian

0:27.0

did that got the building named after her. Those stories and even more news to know coming up.

0:34.2

Welcome, welcome to The Newsworthy. All the day's news in around 10 minutes. Fast, fair, fun, and on the go. I'm Erica Mandy. Thanks so much for being here. You ready? Let's do this.

0:48.9

President-elect Donald Trump is now just 73 days away from his White House return, and he's going to be especially

0:54.9

busy before then. Trump is planning to put together an entirely new administration than the one

0:59.8

that's been working under President Biden. He also said his second administration will not look

1:04.7

much like his first. So with that, the Trump transition team is now tasked with filling about

1:09.2

4,000 government jobs, starting with the

1:11.8

White House chief of staff. That powerful position is going to a longtime Republican strategist,

1:16.9

Susie Wiles, who managed Trump's 2024 presidential campaign, and she's becoming the first woman

1:21.9

to ever hold that role. Next up, Trump will have to pick a secretary of state, defense,

1:26.6

treasury, and so on. But he's getting

1:28.5

some help on the decision-making process. His transition is being led by friends and family,

1:33.4

including former presidential candidates Robert Kennedy Jr. and Tulsi Gabbard, his adult sons,

1:38.5

Donald Trump Jr. and Eric Trump, and his running mate, J.D. Vance. Meanwhile, President Biden

1:43.5

promised to help by ensuring a peaceful and orderly transfer of power.

...

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