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Yellen says Washington might ‘respond to unintended consequences’ for China due to tech export curbs

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Yellen says Washington might ‘respond to unintended consequences’ for China due to tech export curbs


BEIJING (AP) — Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended consequences” as she ended a visit to Beijing aimed at reviving strained relations.

Yellen defended “targeted measures” on trade that China’s leaders complain are aimed at hurting its fledgling tech industries. She said the Biden administration wants to “avoid unnecessary repercussions” but gave no indication of possible changes.

Relations between the two biggest economies are at their lowest level in decades due to disputes about technology, security and other irritants. A key Chinese complaint is limits on access to processor chips and other U.S. technology on security grounds that threaten to hamper the ruling Communist Party’s development of smartphones, artificial intelligence and other industries.

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With Earth breaking average heat records, cities are sure to be giving a fresh look at their readiness plans for temperatures that can kill.

FILE - A woman wearing an electric fan and carrying an umbrella visits the Forbidden City on a sweltering day in Beijing, on July 7, 2023. Earlier this week, Beijing reported more than nine straight days with temperatures above 35 degrees Celsius (95 degrees Fahrenheit), a streak unseen since 1961. (AP Photo/Andy Wong, File)

Chinese authorities say nine people are missing in a landslide sparked by heavy rains amid flooding and searing temperatures across much of the country.

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FILE - San Jacinto County Sheriff Greg Capers answers a question after a news conference, Sunday, April 30, 2023, in Cleveland, Texas. Capers’ turn in the national spotlight after an April mass shooting belied years of complaints about corruption and dysfunction that were previously unknown outside the piney woods of San Jacinto County. (AP Photo/David J. Phillip, File)

Sheriff Greg Capers was the picture of a Texas lawman as he announced the capture of a suspected mass shooter.

This photo provided by the New York City Police Department, Saturday, July 8, 2023, shows a motor scooter recovered at the scene of a shooting, in the Queens borough of New York. An 86-year-old New York City man was fatally shot and at least two others were seriously wounded by a man on a scooter who police say was shooting randomly at cars and pedestrians in Queens on Saturday. (New York City Police Department via AP)

New York City police say a man on a scooter fired a handgun in a string of random shootings that killed an 87-year-old and wounded three others.

“We will open up channels so that they can express concerns about our actions, and we can explain and possibly in some situations respond to unintended consequences of our actions,” Yellen said at a news conference.

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Yellen talked with China’s No. 2 leader, Premier Li Qiang, and other officials during 10 hours of meetings. She had a five-hour session Saturday with her Chinese counterpart, Vice Premier He Lifeng. Treasury officials said in advance there were no plans for her to meet Chinese leader Xi Jinping.

Yellen received a warm welcome and prominent coverage by the state press, but Chinese officials gave no sign they would change industrial or other policies that Washington and other governments say violate Beijing’s free-trade commitments. On Saturday, He said Washington should “adopt a rational and pragmatic attitude” to improve relations.

On Sunday, Yellen announced no agreements on major disputes or plans for future activity but said her department and Chinese officials would have “more frequent and regular” communication.

U.S.-Chinese political strains are adding to uncertainty that is dampening the willingness of consumers and businesses to spend and invest.

China’s economic growth rebounded to 4.5% in the first quarter of 2023 from last year’s 3% after anti-virus controls on travel and business activity were lifted in December. But factory activity and consumer spending decelerated in the quarter ending in June.

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Xi accused Washington in March of trying to hold back China’s industrial development.

Beijing has been slow to retaliate for U.S. technology restrictions, possibly to avoid disrupting its own industries. But three days before Yellen’s arrival, the government announced unspecified controls on exports of gallium and germanium, metals used in making semiconductors and solar panels. China is the biggest producer of both.

Yellen said she tried to reassure officials Washington doesn’t want to decouple or separate its economy from China, while it tries to “de-risk” trade.

The Biden administration is pressing semiconductor makers to move production to the United States to reduce reliance on Taiwan and other Asian suppliers, which is seen as a security risk. Washington wants to develop alternatives to Chinese supplies of rare earth elements, metals used in smartphones, wind turbines and other products.

“They have expressed some concern that de-risking amounts to decoupling,” Yellen said. She said she tried to “assure my Chinese counterparts that this is by no means the same thing.”

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“The de-risking involves attention to clearly articulated and narrowly targeted national security concerns, as well as broader concern with diversifying our supply chains, which the United States is doing in a few important sectors,” she said.

Throughout her visit, Yellen appealed for “healthy economic competition,” a reference to complaints Beijing violates its free-trade commitments by subsidizing and shielding politically favored industries from private and foreign competition.

Yellen said she had expressed concern to Chinese officials about “coercive activities” against U.S. companies.

That follows raids on consulting firms and the detention of staff members without explanation and what the U.S. government says is arbitrary detention or prohibitions on people leaving China that some complain are used to pressure them in business disputes.

Chinese leaders are trying to revive investor interest, but foreign companies are uneasy about their status after Xi and other officials called for economic self-reliance. The ruling party has also expanded an anti-spying law that has fueled uncertainty about what law firms or consultants can do.

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On Saturday, Yellen appealed to He for cooperation on climate change, the debt burdens of developing countries and other global challenges. She said their governments shouldn’t let disagreements about trade and security derail economic and financial relations.

Beijing broke off climate discussions with Washington last August in retaliation for a visit by then-Speaker Nancy Pelosi of the House of Representatives to Taiwan, the self-ruled island democracy claimed by China as part of its territory.

President Joe Biden’s climate envoy, John Kerry, is due to become the next senior official to visit China next week. China and the United States are the world’s top emitters of climate-changing carbon.

China signed an agreement last month to restructure the debt of Zambia, including billions of dollars lent under Beijing’s Belt and Road Initiative to build ports and other infrastructure across Asia and Africa. Treasury officials pointed to that as successful cooperation.

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Washington

Analysis: Trump and Musk unleash a new kind of chaos on Washington | CNN Politics

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Analysis: Trump and Musk unleash a new kind of chaos on Washington | CNN Politics




CNN
 — 

Welcome to the new Washington of Donald Trump and Elon Musk.

The president-elect and the world’s richest man combined Wednesday to smash a short-term spending compromise orchestrated by Republican House Speaker Mike Johnson to keep the government open until early in Trump’s new term.

The stop-gap measure is packed with nearly $100 billion in aid for Americans hit by multiple national disasters, economic aid for farmers, a federal commitment to rebuild Baltimore’s Francis Scott Key Bridge and a criminalization of revenge porn.

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But the Trump-Musk blocking maneuver plunged the capital into one of its classic year-end crises, pitched Johnson’s hopes of keeping his job into extreme doubt and offered a preview of the chaos that may churn in Trump’s second term.

A sense of turmoil was exacerbated by the 10th straight day of losses on the Dow Jones Industrial Average, matching a mark set in the Ford administration. The selloffs underlined a volatile national moment and some of the economic challenges Trump may face after the Federal Reserve warned that inflation will tick up next year.

The sabotaging of Johnson’s funding initiative triggered shock and confusion on Capitol Hill. But for many of Trump’s supporters and boosters in the conservative media who are anticipating massive cuts to federal programs, the mayhem is the point. Even if the impasse leads to a damaging government shutdown, that may represent progress for some since the government itself is viewed with disdain on the populist right. And by taking aim at the Washington status quo even before he takes the oath of office, Trump is doing exactly what he said he’d do on the campaign trail.

But the sudden imbroglio also highlighted one of the key issues facing Trump in his second term: If he wants to pass his tax cuts, push through his immigration overhauls, defend the country and leave a meaningful legacy, he will have to find some way to govern – even if that draws him into conflict with base voters and MAGA ideologues who seem happy to burn government to the ground.

One of those mega disruptors is Musk. In his biography of the SpaceX pioneer, Walter Isaacson described the philosophy of the president-elect’s new super buddy as “Take risks. Learn by blowing things up. Revise. Repeat.”

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The rocket mogul lived up to that mantra on Wednesday, unleashing assaults on Johnson’s plans before dawn. “This bill should not pass,” Musk wrote on X, opening a 70-post blast that slammed the bill as full of “pork” spending and warning that anyone who voted for it should be ditched in the 2026 election.

Musk whipped up opposition to the bill all day, driving fury on MAGA media outlets, before Trump and Vice President-elect JD Vance issued a late afternoon statement demanding a streamlined spending bill without Democratic deliverables. And exacerbating the pandemonium on Capitol Hill, they added another huge condition — for Congress to raise the government’s borrowing ceiling while Joe Biden is still president — a massive challenge at short notice.

It was not immediately clear how closely Trump and Musk were coordinating. But the timeline of Musk’s pressure and the president-elect’s belated entry into the public fray offered demoralized Democrats an opening. New York Rep. Dan Goldman conjured a scenario on X clearly calculated to get under the president-elect’s skin. “As the shadow Pres-Elect, Elon Musk is now calling the shots for House Rs on government funding while Trump hides in Mar-a-Lago behind his handlers,” Goldman wrote. “It increasingly seems like we’re in for 4 years of an unelected oligarch running the country by pulling on his puppet’s strings.”

Missouri GOP Sen. Josh Hawley told CNN’s Manu Raju after speaking to the president-elect that Trump had been blindsided by Johnson. He said Trump is “not read into this … and he’s just learning about it … he’s just reading about it.”

The collapse of the stop-gap spending bill presented Johnson, Trump and Democrats with risky dilemmas.

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  • Unless Johnson can pass some kind of spending measure by Friday at midnight, the government will partially shut down.
  • Johnson’s speakership suddenly is in huge danger after he was torpedoed by Trump and Musk and as several House Republicans said they’d not back his reelection.
  • A government shutdown could have unpredictable political consequences since it would hurt many Americans, potentially including seniors and veterans who rely on government help, and could also shutter vital federal functions.
  • Trump’s power-play is a gamble, since he has now triggered a standoff that may even linger into next year, potentially overshadowing the run-up to his inauguration on January 20.
  • The showdown is also a test for Democrats. The party wouldn’t want chaos to envelop Biden’s final days in office. But they have little incentive to bail out Trump.

As lawmakers left the Capitol Wednesday night with no certainty of what would happen next or when they’d be able to go home for the holidays, the country lurched into the first crisis of the second Trump era.

Outgoing Republican Senate leader Mitch McConnell summed up the commotion with a prediction for 2025.

“Oh, this is the way it’s going to be next year,” he told his GOP colleague, Sen. Susan Collins of Maine, as they passed in a Senate corridor.

The size of Johnson’s bill sparked uproar on conservative media. MAGA pundits were especially outraged that lawmakers awarded themselves a pay rise in the measure, weeks after an election that partly turned on inflation.

Trump supporters pose this question: After Republicans won in 2024 on a promise to gut the federal government and slash budgets, why would they make their first act since Trump’s triumph a classic year-end spending spree?

“I’ve been a ‘no’ on it a long time,” GOP Rep. Tim Burchett told CNN’s Jim Acosta. The Tennessee lawmaker added: “President Trump ran on changing things. I say if we’re going to pass something, pass it about three days into the next Congress and hand it over to Trump and let him handle it.”

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But many Republicans are worried about the political implications of a shutdown. And assuming they want a way out, any new bill must recognize current realities. Democrats — for a couple weeks more — control the Senate so they must be given some incentive to cooperate. And the GOP speaker will need Democratic votes in the House owing to his tiny majority and the reluctance of some on his side to back any spending.

Johnson said he’d tried to sell his bill to Musk and his fellow co-chair of Trump’s new Department of Government Efficiency, Vivek Ramaswamy, on a text chain. Explaining the “conservative play call” behind his plan, he said on “Fox & Friends” on Wednesday morning, “Instead of doing, you know, (Democratic Senate Majority Leader) Chuck Schumer, Biden spending for 2025, we push this decision into March.” He went on: “So, the feature there is that we’ll have Republican-controlled Congress and Trump back in the White House and we get to decide spending for 2025.”

But all Johnson has succeeded in doing is putting his own job in jeopardy.

Kentucky Rep. Thomas Massie told CNN’s Raju that the speaker wouldn’t get his vote in the next Congress, adding that “it would take a Christmas miracle” for him to change his mind. And Bryan Lanza, who served as a senior adviser to Trump’s 2024 campaign, told CNN’s Wolf Blitzer that a number of lawmakers were of the same mind. “The speaker doesn’t have the votes right now. He would need to be saved by Donald Trump,” Lanza said.

But if Johnson is in danger — only days after appearing at the Army v. Navy game in a show of unity with Trump and Musk on Saturday — his fate could complicate Trump’s big inauguration party next year.

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Republicans are desperate for a fast start to make the most of the apex of Trump’s power. A bruising election for speaker — like the 15 rounds it took to choose short-lived Speaker Kevin McCarthy in 2023 — would be counterproductive.

And if Johnson, who was himself a last-ditch compromise from the backbenches, can’t get elected speaker, who can?

In one of his posts on X, Musk suggested that the best path for Republicans would be to freeze Washington until Trump takes office. “No bills should be passed (by) Congress until Jan 20,” he wrote. That would create a government shutdown that would last for weeks, saddle the president-elect with a massive crisis as soon as he takes office and cause considerable economic damage. And the Republican House majority will be even smaller to start Trump’s term than it is now, making it even more difficult to pass anything.

Musk’s sabotaging of the Johnson stop-gap spending measure gave Democrats an early chance to land a blow on the coming Trump presidency.

House Minority Leader Hakeem Jeffries raised the plight of Americans who would be harmed by a government shutdown. “We reached a bipartisan agreement to meet the needs of the American people and provide assistance to farmers, families, children, seniors, veterans, men and women in uniform and working-class Americans,” the New York Democrat said. “House Republicans have been ordered to shut down the government and hurt everyday Americans all across this country.”

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House Democrats will meet Thursday morning to discuss next steps. But Jeffries’ statement suggests they will stand firm and demand Trump back down.

Politically, there is little incentive for them to help extricate Johnson and the president-elect from their corner. After all, Trump demanded they cooperate in passing a stripped-down bill without any of their priorities. And his order to raise the debt ceiling, which is expected to be reached in his second term, is a transparent attempt to place the political blowback for such a step on the current president before he leaves office and to spare himself. In fact, Trump said so himself: “Increasing the debt limit is not great, but we’d rather do it on Biden’s watch.”

Republicans have historically made lifting the government’s borrowing limit painful for Democratic presidents — several times driving the country close to a disastrous debt default. So why should Democrats help now?

The White House said it was up to Republicans to sort out the mess in the House. But there’s no obvious path to do that, meaning Washington is clouded in uncertainty ahead of the holiday season.

North Dakota Sen. Kevin Cramer told Raju he was frustrated that Trump had not made his bottom lines clearer sooner. And asked whether it was possible to raise the debt ceiling in only two days, he was doubtful.

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“But, you know, it’s almost Christmas, it’s amazing what people might do to get home.”



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Washington cornerback Elijah Jackson enters transfer portal

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Washington cornerback Elijah Jackson enters transfer portal


The author of one of the most iconic moments in Washington Huskies history is entering the transfer portal.

Cornerback Elijah Jackson, who had the game-winning pass breakup that sent Washington to the national championship last season, announced on his social media that he will search for a new home for his final season of eligibility on Wednesday.

Jackson was passed on the depth chart this season by Arizona transfer Ephesians Prysock and emergent senior Thaddeus Dixon, relegating him to rotational duties on the outside after an injury kept him out for most of spring practice. He played only 152 snaps on defense, with ten tackles and two pass breakups.

His best play of the 2024 season came on special teams against Northwestern when Jackson chased down Wildcats returner Joseph Himon II inside the five-yard line to prevent a kickoff return for a touchdown. The Huskies defense responded with a goal-line stand, preserving critical momentum in what became a 24-5 victory.

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Jackson is the fourth member of the Huskies secondary to enter the portal, joining cornerbacks Darren Barkins and Curley Reed III and safety Tristan Dunn. Dixon is also out of eligibility, leaving Jedd Fisch’s squad with Prysock and a cadre of inexperienced younger players at corner heading into 2025.

Alongside those four, Washington has also seen linebacker Khmori House, edge rushers Maurice Heims and Lance Holtzclaw, running back Cameron Davis, wide receiver Camden Sirmon, offensive lineman Kahlee Tafai, punters Jack McCallister and Adam Saul, and long snapper Caleb Johnston enter the portal.

 





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Report: Wake Forest to hire Washington State coach Jake Dickert

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Report: Wake Forest to hire Washington State coach Jake Dickert


Jake Dickert has been in charge at Washington State since midway through the 2021 season. (Photo by Brian Murphy/Icon Sportswire via Getty Images)

Wake Forest moved quickly to secure its new head coach.

According to the Athletic, the Demon Deacons are hiring Washington State coach Jake Dickert just days after Dave Clawson stepped down. Clawson announced Monday that he was resigning after 11 seasons as the team’s head coach.

Washington State is 23-20 in three-plus seasons under Dickert. He took over midway through the 2021 season after coach Nick Rolovich was fired over a prolonged vaccination fight with the university. The Cougars have posted two winning seasons in Dickert’s three full seasons with the school and were 8-4 in 2024 during their first season in college football’s wilderness.

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Oregon State and Washington State were effectively left without a conference ahead of the season when 10 of the Pac-12’s members found other conferences. Oregon State and Wazzu made up the “conference” portion of their schedules via an alliance with the Mountain West and are spearheading an effort to rebuild the Pac-12 with an assortment of current Mountain West teams.

Washington State lost three straight games to end the season after an 8-1 start in 2024, though the Cougars were one of the more entertaining teams in college football. Washington State scored nearly 37 points per game but gave up over 28 points a contest.

QB John Mateer led college football with 44 total touchdowns, though he too is leaving Washington State. Dickert announced Monday that Mateer would be entering the transfer portal.

Mateer’s decision to transfer comes as Washington State offensive coordinator Ben Arbuckle was hired as Oklahoma’s offensive coordinator. The turnover in Pullman may be indicative of Washington State’s tough future ahead at the top level of college football as the Cougars are no longer part of a power conference.

Wake Forest went 4-8 in 2024 for a second consecutive four-win season. The Demon Deacons won 11 games in 2021 but fell to 8-5 in 2022 before going 4-8 in 2023. In 11 seasons at Wake Forest, Clawson’s teams went 67-69 with seven bowl appearances. He came to Wake Forest after five years in charge at Bowling Green. The Falcons were 32-32 in his time there and went to three bowl games.

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