Perry Seen as Top Pick for Energy Secretary Post
Transition officials say Rick Perry, former Texas governor and 2012 and 2016 presidential candidate, is a leading contender to lead the Energy Department under President elect Donald Trump. Heidi Heitkamp and Joe Manchin are also among rival candidates.
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Trump questions binding to one China policy in Taiwan call
President elect Donald Trump said the United States may not be bound by the one China policy after accepting a December call from Taiwan President Tsai Ing-wen. He argued a deal with China could affect the policy, prompting a Beijing protest and White House assurances the policy remains intact.
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Senators wary of Rex Tillerson as secretary of state
Bloomberg News reports Senators from both parties show hesitation over Exxon Mobil CEO Rex Tillerson’s nomination due to his ties with Vladimir Putin. Critics warn the choice could spark a messy confirmation and raise conflicts of interest with his Exxon duties.
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Senate stalls on FCC seat amid partisan deadlock
The Senate adjourned without confirming Jessica Rosenworcel to a second term on the FCC, risking a 2-2 split on the five member panel. The vacancy threatens agency action as Republicans seek to prune Democratic era rules, including the 2015 net neutrality regulation by AT&T and Comcast.
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Gentiloni Seeks Italy Government Amid Political Crisis
Italian President Mattarella gives Foreign Minister Gentiloni a mandate to form a new government after Matteo Renzi's resignation. Gentiloni faces a fragile banking sector with Monte dei Paschi di Siena at risk of collapse, and will pursue a new electoral law.
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Iran seals giant Boeing deal with IranAir for jets
Tran signed a 16.6 billion dollar agreement for 80 Boeing passenger jets, including 50 737 MAXs and 30 777s, as Iran moves toward a major package with Western companies since 1979. The contract, if completed, would mark the largest such deal in decades.
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