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The Future of US-China: Bessent Says Trump and Xi May Meet Four Times Next Year (Bloomberg)
North America Tensions: US-Canada Trade Talks Frozen as Carney Weighs DC Trip Next Week (Bloomberg)
MAGA Ally at the Fed: Kevin Hassett Emerges as Frontrunner in Trump Fed Chair Audition (Bloomberg)
White House National Economic Council Director Kevin Hassett is seen by advisers and allies of President Trump as the frontrunner to be the next Federal Reserve chair, as the search for a new central bank leader enters its final weeks.
With Hassett, Trump would have a close ally whom the president knows well and trusts installed at the independent central bank. Hassett is seen as someone who would bring the president’s approach to interest rate cutting to the Fed, which Trump has long wanted to control, according to people familiar with the matter.
Security Ramp Up: US House to Provide Lawmakers $20K Monthly for Personal Protection Amid Rising Threats (Axios)
The US House will dramatically increase the amount of money available to its members for their personal security as part of a new program launching next month, according to an email to congressional offices obtained by Axios.
House sergeant-at-arms William McFarland said
in an email
Monday that members will have access to $20,000 per month to bulk up their security at their homes, district offices and while traveling.
Washington Shift: DC Mayor Muriel Bowser Won’t Seek Reelection in 2026 (Bloomberg)
The mayor of Washington, DC, Muriel Bowser, will not seek re-election in 2026, after leading the nation’s capital for a decade.
In an announcement posted Tuesday to X, Bowser called her three-term career “the honor of my life” and rattled off a list of achievements made since she became mayor in 2015.
🎧 New Episode Alert! Today's Daily Read Podcast dives into the story of how Mike Bloomberg, after being fired from Salomon Brothers in 1981 following 15 years at the firm, turned that setback into an opportunity by founding Bloomberg the very next morning. Tune in on
Spotify and Apple Podcasts.
Tech Giant Watch: Apple Set to Become World’s Top Phone Maker, Overtaking Samsung (Bloomberg)
Apple will retake its crown as the world’s largest smartphone maker for the first time in more than a decade, lifted by the successful debut of a new iPhone series and a rush of consumers upgrading devices, according to Counterpoint Research.
Black Friday Assistant: OpenAI Debuts ChatGPT Shopping Research Tool Ahead of the Holidays (Bloomberg)
OpenAI unveiled a free artificial intelligence-powered shopping research tool that it says can generate a personalized buyer’s guide for ChatGPT users during the holiday season.
While ChatGPT has always been able to respond to shopping-related questions, OpenAI has trained a version of its GPT-5 mini model that asks clarifying questions and draws its answers from reviews published on what the company considers higher-quality websites.
Giving Tuesday Approaching: Discover
Donation Opportunities via Kristof’s Impact Guide, Supported by Bloomberg Philanthropies
(New York Times Opinion - Nicholas Kristof)
Giving Tuesday—created to follow the post-Thanksgiving shopping rush and redirect attention toward generosity—lands next week on Dec. 2. Nicholas Kristof’s Holiday Impact Guide, featured in The New York Times, highlights impactful ways to give back this season.
Bloomberg Philanthropies is matching all donations from New York Times readers through January 31, multiplying the impact of the column and supporting these remarkable organizations in advancing their work.
In Memoriam: Viola Fletcher, Oldest Survivor of the Tulsa Race Massacre, Dies at 111 (New York Times)
Viola Fletcher, who as a child in 1921 saw her affluent Black neighborhood torched by white citizens in what became known as the Tulsa Race Massacre — one of the most violent acts of racial violence in American history — and who, a century later, testified in Congress to the terror she witnessed in the hope of winning reparations, has died. She was 111 and the oldest survivor of the attack.
Book Review: A Talent for Giving — John Studzinski’s Powerful Guide to the Spirit of Giving (Financial Times)
John Studzinski's A Talent for Giving is far from a late‑career exercise in modesty. Instead, it makes a powerful, practical case for a hands‑on, face‑to‑face approach to giving and volunteering. His underlying message is strong and clear: true generosity is about much more than money.
Mike Bloomberg calls the book a “powerful read”
for this season of giving. Order your copy here.
Thanksgiving in NYC: Inside the Macy’s Thanksgiving Day Parade Rehearsals as Broadway Casts Prep Their Big Performance (People)
Each year, the parade’s opening hour showcases numbers from current Broadway shows, giving viewers across the country a taste of what’s happening onstage in NYC. Expect sleek old-school flair from Just in Time, the new musical built around the life of crooner Bobby Darin and infectious rhythm and salsa-infused dancing from the vibrant company of Buena Vista Social Club.
Before the world-famous Thanksgiving Day Parade sets off on Thursday in midtown Manhattan, the iconic balloons and floats that make up the procession come to life Wednesday on the Upper West Side, according to the West Side Rag.
Crowd favorites such as Snoopy, Smokey the Bear, Spider Man, and Dora will be inflated the day before the parade. In total, there will be 34 balloons and 28 floats in this year’s rendition of the event, including five new balloons and seven new floats, with Labubus among the characters making their way toward Herald Square.
The inflation event will take place outside the American Museum of Natural History from West 77th to 81st streets, between Columbus and Central Park West, with viewing hours from 1 to 6 PM. Check out the West Side Rag’s top tips for the inflation event here.
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