THE SHOW NOTES: Laken Riley's Justice, Nancy Mace, & Holiday Shopping Warnings

Welcome! More than two weeks post-election day, California is still counting votes.

🚨 BREAKING 1: Laken Riley’s killer was just found guilty on all counts. - ABC

🚨 BREAKING 2: The Trump transition team is ‘quietly’ looking at alternatives to Pete Hegseth after he ‘wasn’t honest’ about his past.

HEADLINE: Gaetz sent over $10K in Venmo payments to 2 women who testified in House probe - ABC

CONSUMER HEALTH: Target is expecting a surprisingly weak holiday shopping season.

NEW: Trump taps Linda McMahon to lead the Education Department.

UKRAINE: Western embassies in Kyiv shut due to Russian air attack threat - NPR

DATA: The 90-day auto delinquency rate is higher than the peak reached in 2009. - X

MUST WATCH: Milton Freidman on which government agencies are worth keeping.

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Nancy Mace

Congresswoman Nancy Mace is doubling down on a bill that would ban transgender women (men) from using women’s restrooms at the US Capitol.

Context: The move targets Deleware’s Sarah McBride, the first openly transgender person (still a dude) elected to the US House of Representatives. Watch this interview with ABC:

Here’s Speaker Mike Johnson:

Spinoff

Comcast announced plans to spin off its NBCUniversal cable TV networks, a move signaling a strategic shift away from its once-prized business.

Details: The company will separate channels like MSNBC, CNBC, USA, Oxygen, E!, Syfy, and Golf Channel, which collectively generated $7 billion in revenue over the past year. Key assets such as Bravo, the Peacock streaming service, and the NBC broadcast network will remain with Comcast.

Details at Business Wire.

Politico: Raimondo’s new mission: Leave no cash for Trump

Commerce Secretary Gina Raimondo is on an urgent mission: get as much high-tech spending out the door before Donald Trump takes office.

The Biden administration is aiming to commit nearly every unspent dollar in its $50 billion microchip-subsidy program before President-elect Donald Trump takes over in January, an effort that would effectively cement a massive industrial legacy before the GOP can reverse course.

“I’d like to have really almost all of the money obligated by the time we leave,” Raimondo said in an interview with POLITICO. “That’s the goal, and I certainly want to have all the major announcements done as it relates to the big, leading-edge companies.”

Full story at Politico.

Israel: White House urging Democrats to reject progressive push to block arms transfers to Israel

The Biden administration is lobbying Democratic senators to vote against legislation being advanced by several of the party’s most progressive members that would block more than $20 billion in weapon shipments to Israel, two US officials told The Times of Israel on Tuesday.

The series of Joint Resolutions of Disapproval co-sponsored by Senators Bernie Sanders, Peter Welch, Jeff Merkley and Brian Schatz are slated to come to a vote on Wednesday and aim to block six weapon transfers to Israel, which include guided missiles, tank rounds, mortars, tactical vehicles and F-15 fighter jets.

Full story at The Times of Israel.

LOL

Sunny Houston on The View is forced to admit that the claims against Matt Gaetz are only allegations.

Tweets that caught my eye:

Trending news:

• NEW: Rep. James Comer claims to have another FEMA scandal - X

• Biden approves antipersonnel mines for Ukraine, undoing his own policy - MSN

• RFK Jr. Said the Government May Have Planned COVID - The Bulwark

• The “But Harris Ran As a Moderate” Evasion - The Liberal Patriot

• Jeff Bezos Cracks Down on the Washington Post - The Intelligencer

• Pro-Palestinian Sanders ally to put forth bid for DNC vice chair - Politico

• Anyone Can Buy Data Tracking US Soldiers and Spies to Nuclear Vaults and Brothels in Germany - Wired

• Pope announces web designer as first millennial saint - Politico

• Iran Sharply Expands Stockpile of Nuclear Fuel Ahead of Trump’s Return - WSJ (paywall)

• It Isn’t Just Data Centers—AI’s Plumbing Needs an Upgrade - WSJ (paywall)

Market snapshot: