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      Trump Expected to Name Marco Rubio as Secretary of State

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      The president-elect appears to have settled on the Florida senator to be the nation’s top diplomat.President-elect Donald J. Trump is expected to name Senator Marco Rubio of Florida as his secretary of state, three people familiar with his thinking said on Monday, as Mr. Trump moves rapidly to fill out his foreign policy and national security team.Mr. Trump could still change his mind at the last minute, the people said, but appeared to have settled on Mr. Rubio, whom he also considered when choosing his running mate this year.Mr. Rubio was elected to the Senate in 2010, and has staked out a position as a foreign policy hawk, taking hard lines on China and Iran in particular.He initially found himself at odds with those Republicans who were more skeptical about interventions abroad, but he has also echoed Mr. Trump more recently on issues like Russia’s war against Ukraine, saying that the conflict has reached a stalemate and “needs to be brought to a conclusion.”Mr. Rubio was a loyal surrogate for Mr. Trump during the campaign even after being passed over as the vice-presidential pick.A spokesman for Mr. Rubio declined to comment, and a spokesman for Mr. Trump did not immediately respond to a request for comment.Mr. Trump has made his choice for a number of other national security roles. He has selected Representative Michael Waltz, Republican of Florida, to be his national security adviser, and Representative Elise Stefanik, Republican of New York, to be ambassador to the United Nations.Mr. Rubio was he was first elected to the Senate in 2010 as part of a new generation of conservative Tea Party leaders. But some conservatives considered him wobbly on immigration, an issue that caused him political problems when he ran for the Republican presidential nomination in 2016 against Mr. Trump and others.During that campaign, Mr. Trump belittled him as “Little Marco,” and Mr. Rubio responded with acerbic attacks.But after Mr. Trump’s 2016 victory, Mr. Rubio went on to patch things up with him, serving as an informal foreign policy adviser and helping to prepare him for his first debate against President Biden in 2020.Under Florida law, Gov. Ron DeSantis can temporarily appoint a replacement to Mr. Rubio’s seat who will serve in the Senate until the next regularly scheduled general election is held. After last week’s elections, Republicans are set to hold at least 52 seats in the chamber.Catie Edmondson More

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      Senators Vying to Be G.O.P. Leader Vow to Quickly Confirm Trump Nominees

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      Senators Rick Scott, John Thune and John Cornyn quickly responded to President-elect Donald J. Trump’s demand on social media, the latest example of his influence over Republican lawmakers.Senators vying to become the next leader of the Republican conference pledged on Sunday to quickly push through President-elect Donald J. Trump’s appointees after he demanded on social media that they do so.Senator Rick Scott of Florida was the first to make such a vow in an attempt to curry favor with Mr. Trump. Mr. Scott quickly picked up the endorsement of one of the president-elect’s biggest backers, the billionaire Elon Musk.Not to be outdone, Senator John Thune of South Dakota, who is considered a front-runner in the race, released a statement saying that he, too, would push to swiftly staff Mr. Trump’s administration.“One thing is clear: We must act quickly and decisively to get the president’s cabinet and other nominees in place as soon as possible to start delivering on the mandate we’ve been sent to execute, and all options are on the table to make that happen, including recess appointments,” Mr. Thune said.Senator John Cornyn of Texas was not far behind.“It is unacceptable for Senate Ds to blockade President @realDonaldTrump’s cabinet appointments,” he wrote on social media on Sunday. “If they do, we will stay in session, including weekends, until they relent. Additionally, the Constitution expressly confers the power on the President to make recess appointments.”Mr. Cornyn’s staff pointed out that he had already been advocating for quick approval of Mr. Trump’s nominees.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Howard Lutnick Is Scouting Trump’s Nominees. Some Will Oversee His Interests.

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      Howard Lutnick, co-chair of the president-elect’s transition team and a Wall Street financier, is leading the search for appointees while still running his businesses.The financier Howard Lutnick has been given a high-profile assignment from President-elect Donald J. Trump, one that raises questions about the Wall Street executive’s dual role and what he might gain from it.As co-chair of the transition team, Mr. Lutnick is in charge of identifying 4,000 new hires to fill the second Trump administration, including antitrust officials, securities lawyers and national security advisers who have global expertise.But Mr. Lutnick has not stepped away from running financial firms that serve corporate clients, traders, cryptocurrency platforms and real estate ventures around the world — all of which are regulated by the same agencies whose appointees he is helping to find.Given his sprawling business interests, it’s not known how Mr. Lutnick might keep from violating the transition’s own code of ethics, which echo federal conflict-of-interest guidelines for transition team members. The Trump transition guidelines say that individuals who work on the team must disqualify themselves from matters that may directly conflict with their own financial interests or those of an organization with which they do business.It is not clear whether Mr. Lutnick, who gained national attention when many of his employees died in the 2001 terrorist attack on the World Trade Center, has signed the code of ethics or whether he has recused himself from providing lists of possible nominees for any specific agencies that have oversight of his businesses.Mr. Lutnick declined an interview request from The New York Times. People who work with Mr. Lutnick say that he is careful about separating his private business from his transition work.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump

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      The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.Jay Powell, the Fed chair, with President Trump during more tranquil times in 2017.Carlos Barria/ReutersPowell pushes back Jay Powell and the Fed may have pulled off the improbable soft landing in taming inflation while not crashing the economy into recession, proving many a Wall Street naysayer wrong.But an even bigger wildcard looms in another Donald Trump presidency — what Trump 2.0 might mean for interest rates, Fed independence and the Fed chair’s own job.That tension burst into the open at the Fed’s news conference on Thursday. The usually dry event had moments of high drama that nearly overshadowed the decision to cut the benchmark lending rate by a quarter percentage point. Powell delivered a forceful “no” when asked by Victoria Guida of Politico if he would consider resigning if Trump asked.He delivered a more emphatic response when pressed by another reporter on whether the president had the legal authority to fire him. “Not permitted under the law,” Powell said.Trump has made waves by saying that a president should have a say in rates policy. And suggestions have circulated from inside the president-elect’s camp that he would sideline Powell if re-elected — something Trump flirted with during his first term after appointing Powell in 2017.The S&P 500 advanced as the news conference wore on, closing at another record, and Treasury bonds also rallied.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      How FTC Chair Lina Khan Became an Election Hot Topic

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      The Federal Trade Commission chair drew increasing political vitriol as the presidential vote neared. Her political future hangs in the balance.In the run-up to the election, Lina Khan, chair of the Federal Trade Commission, was called a dope, partisan and unhelpful by Democrats and Republicans. Democratic donors including the billionaires Reid Hoffman, Barry Diller and Mark Cuban called for her ouster from the agency. Last week, a report from the Republican-led House Judiciary Committee accused her of having a far-left agenda and weaponizing the agency.Ms. Khan “will be fired soon,” Elon Musk, the owner of X and a supporter of former President Donald J. Trump, wrote on his platform on Thursday.Few government officials elicited such intense bipartisan attention ahead of the election, making speculation regarding the future of Ms. Khan — nominated in 2021 by President Biden — one of the most avid parlor games in Washington.The fixation on Ms. Khan, 35, is uncommon for a leader at the long-under-the-radar F.T.C., which regulates companies that subvert competition and deceive consumers. It reflects the high stakes of the Biden administration’s wide-ranging program to dampen the power of America’s biggest corporations — which either presidential candidate could reverse if victorious.Scrutiny from the F.T.C. and the Justice Department has led to the collapse of billions of dollars in recent corporate deals. Lawsuits filed by the agencies could break up big American brands like Google, Amazon and the parent company of Ticketmaster. Ms. Khan has argued to regulate artificial intelligence, ordered companies to make it easier to cancel online subscriptions and banned noncompete agreements, which stop workers from taking a job with a rival employer.The backlash from the business world and its Washington allies has been fierce — and it ramped up before the vote.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      After Turmoil, Royal Danish Ballet Taps Veteran Dancer as Leader

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      Amy Watson will helm the storied company as it grapples with the sudden departure of its previous artistic director and accusations of abuse at its school.For months, the Royal Danish Ballet, one of the world’s premier dance troupes, has been in turmoil. Accusations of abuse have shaken its 253-year-old school. Then, last week, the company said its star artistic director, Nikolaj Hübbe, was abruptly resigning after 16 years.Now the Royal Danish Ballet hopes to turn the page on those troubles. The company announced on Thursday that Amy Watson, a California-born dancer who joined the troupe in 2000, would serve as its next artistic director.“This theater gave me a second homeland and a wonderful career that I could have never dreamed of,” said Watson, 43. “I want to serve in the highest capacity for the theater and to give back.”Watson, whose tenure begins on Friday, succeeds Hübbe, 57, a Copenhagen native who has been a fixture at the troupe for years. He started training at its school when he was 10 and was a principal dancer by age 20. He later was an acclaimed principal dancer at New York City Ballet for 16 years.Since 2008, Hübbe has run the company, famous for its rich choreographic legacy rooted in the repertory of the 19th-century Danish master August Bournonville. Hübbe oversaw new productions of classics like “Swan Lake” and “Giselle,” and expanded the company’s range, bringing in works by living choreographers, including Christopher Wheeldon, Alexei Ratmansky, Yuri Possokhov and Wayne McGregor. He also worked to attract new audiences with more casual and intimate offerings.During his tenure, the company faced difficulties, including budget cuts, union fights and allegations of drug abuse in the company. Last year, the organization began an inquiry into conditions at its school amid reports that children had experienced psychological and physical abuse. Some former students said they had developed eating disorders after being told at a young age that they were too heavy to dance.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More