Latest News

Matt Gaetz withdraws from consideration for Trump’s AG

Matt Gaetz announced Thursday he is withdrawing his name from consideration as President-elect Donald Trump’s pick as attorney general, noting in a social media post that his nomination had become a distraction.

Gaetz held multiple meetings with GOP senators over the past couple of days as he sought to game out his chances of getting confirmed. Even senators who supported him had expressed doubts that he could get confirmed, given he could only lose three Republican votes.

“It is clear that my confirmation was unfairly becoming a distraction to the critical work of the Trump/Vance Transition. 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 wrote on X.

Gaetz was seen as Trump’s most controversial pick. Almost immediately after Trump announced Gaetz would lead the Department of Justice, the campaign and senators were peppered with questions about his alleged sexual misconduct and drug use — accusations Gaetz has denied.

Multiple senators appeared relieved that Gaetz withdrew immediately after the announcement.

“I think what I just read was that he felt this was going to be a major distraction, and so good on him to recognize that and be self aware,” said Sen. Cynthia Lummis (R-Wyo.).

And some senators said they wanted to see a long-awaited House Ethics Committee report that detailed some of those allegations. The panel had punted on a decision to release it, but even House Republicans had voiced support for at least sharing the investigative findings with senators as they considered Gaetz for attorney general.

Ursula Perano contributed to this report.

You May Also Like

Investing

Introduction To The Long Put Strategy Options are used by investors to take advantage of a wide range of projections on the state of the...

Investing

Introduction Options can provide investors with an extremely versatile tool that can be used to bet on market direction or changes in volatility levels....

Investing

In both cases a (usually near the money) option is sold and used to partially fund the purchase of two (or more) out of...

Investing

What’s the Difference Between SPX and SPY Options? Dividends Dividends are not normally paid to options holders. However, SPY pays a dividend every quarter. This is...

Disclaimer: Dailyplanningcapabilities.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2023 Dailyplanningcapabilities.com