Authored by Frank Fang via The Epoch Times (emphasis ours), Texas Gov. Greg Abbott has issued two more executive orders targeting Chinese Communist Party (CCP) influence in his state , after announcing an initial order on Nov. 18 aimed at protecting local dissidents from the Chinese regime’s harassment. Abbott signed Executive Order No. GA-49 on Nov. 20 to safeguard critical infrastructure from cyberattacks and issued Executive Order No. GA-48 on Nov. 19 to protect Texans from the CCP’s espionage operations. Executive Order No. GA-49 directs the Texas Division of Emergency Management and the Public Utility Commission of Texas to prepare for any potential cyberattacks aimed at the state’s critical infrastructure. Under Abbott’s order, the two agencies will create a task force to study potential vulnerabilities within government systems and critical infrastructure, run response simulations to cyberattacks, and put together a committee of state agencies to “simulate a restart of Texas’ electric grid in the event of a foreign attack,” according to a Wednesday statement. “ China has made it clear that they can—and will—target and attack America’s critical infrastructure ,” Abbott said in the statement. “Texas will continue to protect our critical infrastructure to ensure the safety of Texans from potential threats by the Chinese Communist Party or any hostile foreign government.” The order highlighted Volt Typhoon, one of China’s state-sponsored threat groups, and how it had targeted communications, energy, transportation, water, and wastewater systems in the United States and its territories. Volt Typhoon, which was dismantled by a multi-agency operation in January, had maintained “access and footholds within some victim IT environments for at least five years,” the Cybersecurity and Infrastructure Security Agency said in February. The order also cited FBI Director Christopher Wray’s warnings at the Vanderbilt Summit in Nashville in April, when he said that China “has made it clear that it considers every sector that makes our society run as fair game in its bid to dominate on the world stage.” Executive Order No. GA-48 directs all state agencies and public institutions of higher education to “harden” their systems from potential infiltration by hostile nations, including more thorough background checks on state employees and contractors who can access critical infrastructure. Additionally, state agencies will be banned from contracting “companies owned or controlled by a foreign adversary government , and bidding companies must prove that “none of its holding companies or subsidiaries is owned by a foreign adversary government,” according to a Tuesday statement. Faculty members of higher education institutions are banned from taking part in “any foreign recruitment program by a foreign adversary nation,” such as China’s Thousand Talents Program, according to the statement. The Thousand Talents Program is one of many talent recruitment initiatives the Chinese regime has maintained for decades to attract overseas Chinese and foreign experts to work in China’s science and tech sectors. Through these programs, the CCP hopes to quickly turn China into an industrial and innovation powerhouse and ultimately outperform Western countries. The FBI warns on its website that Chinese talent programs pose threats to U.S. national security and usually involve “undisclosed and illegal transfers” of U.S. intellectual property to the Chinese side. “The Federal Bureau of Investigation reported that the Chinese government has actively targeted local and state officials as part of their strategy to undermine the national security of the United States,” Abbott said in a statement. “Hardening our state government is critical to protect Texans from hostile foreign actors who may attempt to undermine the safety and security of Texas and the nation.” As an example of the CCP’s infiltration, Abbott’s order pointed to the recent indictment against Linda Sun, former deputy chief of staff to New York Gov. Kathy Hochul. Sun was charged with spying for Beijing. Another name mentioned in the order is Christine Fang , a suspected Chinese intelligence agent who Abbott’s office said “developed deep connections” with California’s political figures and national politicians. On Monday, when Abbott announced Executive Order No. GA-47, the FBI’s field office in Houston took to the social media platform X to urge victims to come forward. “The government of the [People’s] Republic of China (PRC) may be cyberstalking, physically intimidating, and harassing Chinese citizens, naturalized U.S. citizens, and families of dissidents who speak [out] against the Chinese Communist Party in Texas,” the office wrote. Under Abbott’s order , the Texas Department of Public Safety will target and arrest any individual found to be engaging in CCP influence operations within the state. Washington-based advocacy group Campaign for Uyghurs took to X on Monday to applaud the governor’s decision, saying that CCP continues to carry out its “nefarious practice” of transnational repression in Texas. An example of Beijing’s transnational repression came to light in April last year, when two Chinese nationals were charged with allegedly establishing a secret police station in Manhattan in coordination with China’s Ministry of Public Security. Rep. Michael McCaul (R-Texas), chairman of the House Foreign Affairs Committee, issued a statement on Wednesday applauding Abbott’s leadership. “ Texas is leading the charge in combating the CCP with the help of Governor Abbott’s leadership ,” McCaul stated. “We cannot sit idly by while China attempts to infiltrate our country and harm U.S. national security. “These executive orders send a strong message of deterrence to the CCP: Don’t mess with Texas.”
WASHINGTON — President-elect Donald Trump offered a public show of support Friday for Pete Hegseth, his choice to lead the Defense Department, whose confirmation by the Senate is in doubt as he faces questions over allegations of excessive drinking, sexual assault and his views on women in combat roles. Hegseth, a former Fox News host, Army National Guard major and combat veteran, spent much of the week on Capitol Hill trying to salvage his Cabinet nomination and privately reassure Republican senators that he is fit to lead Trump's Pentagon. "Pete Hegseth is doing very well," Trump posted on his social media site. "He will be a fantastic, high energy, Secretary of Defense." The president added that "Pete is a WINNER, and there is nothing that can be done to change that!!!" The nomination battle is emerging not only as a debate about the best person to lead the Pentagon, but an inflection point for a MAGA movement that appears to be relishing a public fight over its hard-line push for a more masculine military and an end to the "woke-ism" of diversity, equity and inclusion efforts. Military leaders are rattled by a list of “woke” senior officers that a conservative group urged Hegseth to dismiss for promoting diversity in the ranks if he is confirmed to lead the Pentagon. The list compiled by the American Accountability Foundation includes 20 general officers or senior admirals and a disproportionate number of female officers. It has had a chilling effect on the Pentagon’s often frank discussions as leaders try to figure out how to address the potential firings and diversity issues under Trump. Those on the list in many cases seem to be targeted for public comments they made either in interviews or at events on diversity, and in some cases for retweeting posts that promote diversity. Tom Jones, a former aide to Republican senators who leads the foundation, said Friday those on the list are “pretty egregious” advocates for diversity, equity and inclusion, or DEI, policies, which he called problematic. “The nominee has been pretty clear that that has no place in the military,” Jones said of Hegseth. Hegseth embraced Trump’s effort to end programs that promote diversity in the ranks and fire those who reflect those values. Other Trump picks, like Kash Patel for FBI director, have suggested targeting those in government who are not aligned with Trump. Trump's allies forcefully rallied around Hegseth — the Heritage Foundation's political arm promised to spend $1 million to shore up his nomination — as he vows to stay in the fight, as long as the president-elect wants him to. "We're not abandoning this nomination," Vice-President-elect JD Vance said as he toured post-hurricane North Carolina. He said he spoke with GOP senators and believes Hegseth will be confirmed. The effort became a test of Trump's clout and of how far loyalty for the president-elect goes with Republican senators who have concerns about his nominees. Two of Trump's other choices stepped aside as they faced intense scrutiny: former Rep. Matt Gaetz, R-Fla., his first choice for attorney general, and Chad Chronister, a Florida sheriff who was Trump's first choice to lead the Drug Enforcement Administration. Thanking the president-elect for the support, Hegseth posted on social media, "Like you, we will never back down." Hegseth faces resistance from senators as reports emerged about his past, including the revelation that he made a settlement payment after being accused of a sexual assault that he denies. He promised not to drink on the job and told lawmakers he never engaged in sexual misconduct, even as his professional views on female troops came under intensifying scrutiny. He said as recently as last month that women "straight up" should not serve in combat. He picked up one important endorsement from Republican Sen. Katie Britt of Alabama, whose support was seen as a potentially powerful counterweight to the cooler reception Hegseth received from Sen. Joni Ernst, a former Army National Guard lieutenant colonel. Ernst, who is also a sexual assault survivor, stopped short of an endorsement after meeting with Hegseth this week. On Friday, Ernst posted on X that she would meet with him again next week. “At a minimum, we agree that he deserves the opportunity to lay out his vision for our warfighters at a fair hearing,” she wrote. On Friday, Trump put out the statement in response to coverage saying he lost faith in Hegseth, according to a person familiar with his thinking who was not authorized to discuss it publicly. The president-elect and his team were pleased to see Hegseth putting up a fight and his performance this week reiterates why he was chosen, the person said. They believe he can still be confirmed. If Hegseth goes down, Trump's team believes the defeat would empower others to spread what they cast as "vicious lies" against every candidate Trump chooses. Still, Trump's transition team is looking at potential replacements, including former presidential rival Florida Gov. Ron DeSantis. DeSantis plans to attend the Dec. 14 Army-Navy football game with Trump, according to a person familiar with the Florida governor's plans who spoke to the AP on condition of anonymity. DeSantis and Trump spoke about the defense secretary post Tuesday at a memorial service for sheriff deputies in West Palm Beach, Fla., according to people familiar with the matter who said Trump was interested in DeSantis for the post, and the governor was receptive. DeSantis is poised to select a replacement for the expected Senate vacancy to be created by Marco Rubio becoming secretary of state, and Trump's daughter-in-law Lara Trump is seen as the preferred choice by those in Trump's orbit.
NEW YORK (AP) — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high . They’re the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average fell 154 points, or 0.3%, and the Nasdaq composite slipped 0.3%. Tech titan Oracle dragged on the market and sank 6.7% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped more than 80% for the year coming into Tuesday, which raised the bar of expectations for its profit report. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show similar increases as the month before. Wednesday’s update and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to take pressure off the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. Expectations for a series of cuts through next year have been a big reason the S&P 500 has set so many records this year. Trading in the options market suggests traders aren’t expecting a very big move for U.S. stocks following Wednesday’s report, according to strategists at Barclays. But a reading far off expectations in either direction could quickly change that. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn to stay high and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 6.9% even though it delivered profit and revenue for the latest quarter that topped analysts’ expectations. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January. Elsewhere on Wall Street, Alaska Air Group soared 13.2% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 4.5% after saying it’s resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.5% after the ski resort operator reported a smaller first-quarter loss than analysts expected in what is traditionally its worst quarter. All told, the S&P 500 fell 17.94 points to 6,034.91. The Dow dipped 154.10 to 44,247.83, and the Nasdaq composite slipped 49.45 to 19,687.24. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. Indexes fell across much of Europe ahead of a meeting this week by the European Central Bank, where the widespread expectation is for another cut in interest rates. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Unveiled: 2 Essential “Magnificent 7” Stocks for Canadian PortfoliosHYDRAA commissioner A.V. Ranganath on Sunday denied reports in some newspapers and on social media about his residence allegedly being in the buffer zone of Krishna Kant Park’s Peddacheruvu. He said said his house was almost a kilometre away from the park. In a press release, Ranganath stated his house is “about one kilometre from the lake’s bund, and nearly 380 metres from aerial distance.” He stated that his house is towards the lake’s bund area, and the irrigation department considers only 5-10 metres of land from the lake’s bund area as buffer zone. Through the press release, he stated “25 years ago, there was a lake in Krishna Kanth Park’s land called Peddacheruvu. In 1980, my father A.P.V. Subbayya constructed the house, and for 44 years we've been living in the same house. Even if the old lake’s buffer zone is considered, we’re well away from the area.” Explaining how FTL is determined towards the bund side, he said “For any lake, FTL and buffer zones are not fixed around the lake’s bund. But to accommodate for any repairs, a 5-10 metre buffer zone is allocated towards the bund side. And my home, even at an aerial distance, is nearly 380 metres away.” He requested media personnel not to spread misinformation about his house being in the buffer zone of the lake.
LAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. “Together, we’re assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world.” Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. “The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team,” Michael Andretti posted on social media. “I’m very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you!” The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti’s dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years and F1 initially denied the application despite approval from F1 sanctioning body FIA . The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they’ve already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti’s application was the only one of seven applicants to meet all required criteria to expand F1’s current grid. “General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. “Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024,” F1 said in a statement. “Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. “With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." AP auto racing: https://apnews.com/hub/auto-racingWinners and losers from CFP, bowl selections: The Big Ten’s smooth ride, SEC angst, cold-weather dreams, letdowns for UW, USC and more