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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

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1

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
PoliticsDepartment of Justice

Matt Gaetz, unable to escape sexual misconduct allegations, withdraws as Department of Justice lead

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November 21, 2024, 12:55 PM ET
Rep. Matt Gaetz (R-FL) speaks during the House Judiciary Subcommittee on Crime and Federal Government Surveillance hearing on Oversight of the Federal Bureau of Prisons on Capitol Hill on July 23, 2024 in Washington, DC.
Now former Rep. Matt Gaetz (R-FL) speaking during the House Judiciary Subcommittee on Crime and Federal Government Surveillance hearing on Oversight of the Federal Bureau of Prisons on Capitol Hill on July 23, 2024 in Washington, DC. Tierney L. Cross—Getty Images
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Matt Gaetz withdrew Thursday as President-elect Donald Trump’s pick for attorney general following continued scrutiny over a federal sex trafficking investigation that cast doubt on the former congressman’s ability to be confirmed as the nation’s chief federal law enforcement officer.

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The Florida Republican’s announcement came one day after meeting with senators in an effort to win their support for his confirmation to lead the Justice Department.

“While the momentum was strong, it is clear that my confirmation was unfairly becoming a distraction to the critical work of the Trump/Vance Transition,” Gaetz said in a statement announcing his decision. “There is no time to waste on a needlessly protracted Washington scuffle, thus I’ll be withdrawing my name from consideration to serve as Attorney General. Trump’s DOJ must be in place and ready on Day 1.”

Gaetz’s withdrawal is a blow to Trump’s push to install steadfast loyalists in his incoming administration and the first sign that Trump could face resistance from members of his own party.

The former Florida Rep resigned from Congress earlier this month, effectively ending an ethics probe into allegations of sex trafficking, sexual misconduct, and drug use after Trump tapped him to to serve as attorney general. The choice raised concerns among Democrats and Republicans, the latter of which did not appear unified behind the Trump loyalist.

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