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As one of the largest automakers in the world, Toyota has been a consistent performer in the industry. The November sales figures show that Toyota continues to maintain its strong momentum, with impressive growth in key markets. With a diverse product portfolio and a strong presence in both traditional and emerging markets, Toyota is well positioned to achieve its annual sales targets.The implications of this investigation are significant not only for the parties involved but also for the broader financial community. If proven true, the allegations could have far-reaching consequences for the reputation of both funds and could undermine trust in the integrity of the financial markets.
President-elect Donald Trump’s pick to lead the U.S. Department of Education is facing the usual attacks any conservative nominee with a deep business background could expect from Democrats and the legacy media. But Linda McMahon is well-suited to the task of serving as America’s last education secretary. She strikes a much-needed contrast with her soon-to-be predecessor. Nearly four years ago, Joe Biden selected an education secretary with a resume that checked all the usual boxes. Miguel Cardona was a former public-school teacher turned Connecticut education commissioner. Fawning press coverage lauded his conventional credentials and extolled him as an “easy pick.” But his tenure proved disastrous. The Education Department failed three consecutive audits and presided over a financial aid debacle that depressed freshman enrollment at colleges across the country. It proposed crippling cuts to high-performing charter schools while shoveling billions out the door in unconstitutional student loan forgiveness schemes. Federal bureaucrats dragged their feet on school reopening, then sat on their hands after school closures advocated by national teachers unions erased two decades of learning improvement. Cardona eagerly but selectively waded into culture wars. He openly feuded with conservative governors over parental rights and curriculum policies, but stood silent while antisemitism flared on college campuses. This should serve as a cautionary tale. Conventional education experience provides no assurance that an education secretary will be effective. In selecting McMahon as his nominee, Trump has shown he understands the assignment. Education has been a lifelong passion for McMahon. She earned a teaching credential in college before choosing a different career path, helping build her family’s successful sports entertainment business empire. In addition to decades as a trustee of Sacred Heart University, she served on the Connecticut Board of Education. As board chair for the America First Policy Institute, she has presided over an operation developing a conservative education agenda that will restore decision-making power to parents, take radical ideology out of schools, and remove barriers to middle-class careers. She is a champion of high-quality school options and training programs that will allow millions of American students to secure stable employment. Most importantly, McMahon will bring a badly needed skill set to a position that is largely managerial and administrative. As head of the Small Business Administration during Trump’s first term, she showed how much difference a capable businesswoman can make in government. During her first year in the job, three major hurricanes struck Puerto Rico, Texas and Florida. She retooled the agency to prioritize disaster relief, repurposing part of the agency’s Washington office into a call center for families and business owners trying to get back on their feet. The agency promptly processed more than 96,000 emergency loans. That’s the kind of nimble leadership that will be required to repurpose, and shrink, a federal education apparatus that has long outlived its usefulness. The Education Department made a hash of its largest function: serving as a bank for billions in federally backed student loans. The department is still in the process of fixing a botched overhaul of financial aid applications that created crippling roadblocks for would-be college goers across the country. In K-12, the department’s largest function is serving as a funding conduit for low-income students and students with disabilities. Once Trump takes office with a mandate to restore power to the states, the department’s defenders need to answer a simple question: What value do the American people get from inserting a federal middleman between students and taxpayers? Based on the department’s performance over the past four years, the answer is: not much. What it needs is a competent executive who can clean up the mess, return power and funding where it belongs, and then turn out the lights. Linda McMahon is the ideal candidate for the job. Erika Donalds is CEO of OptimaEd and a Visiting Fellow in the Center for Education Policy at The Heritage Foundation. ©2024 Tribune Content Agency.
In a two-part Christmas message posted to his own social media app, President-elect Donald Trump wished a "Merry Christmas" to all, with special mentions for President Joe Biden and the people he recently granted clemency . Trump took to Truth Social to air his grievances with some of his political adversaries in a passive-aggressive Christmas day message. He began by accusing the Chinese government of illegally controlling the Panama Canal, which is untrue as the canal has been controlled by Panama since Dec. 31, 1999. "Merry Christmas to all, including to the wonderful soldiers of China, who are lovingly, but illegally, operating the Panama Canal (where we lost 38,000 people in its building 110 years ago), always making certain that the United States puts in Billions of Dollars in 'repair' money, but will have absolutely nothing to say about 'anything,'" he wrote. Trump continued to mention Canada and Greenland, nations the President-elect has overtly expressed interest in expanding U.S. control over. The president-elect then began writing about Biden and those he granted clemency to, which consisted of 39 pardons and 1,499 commutations, according to a press release from the White House. Trump further mentioned the 37 federal death row inmates whose prison sentences Biden commuted. "Also, to the 37 most violent criminals, who killed, raped, and plundered like virtually no one before them, but were just given, incredibly, a pardon by Sleepy Joe Biden," Trump continued. "I refuse to wish a Merry Christmas to those lucky 'souls' but, instead, will say, GO TO HELL!" This is not the first time Biden has received criticism for his decision to commute these death penalty sentences, instead sentencing the inmates to life imprisonment without the possibility of parole. "These are among the worst killers in the world and this abhorrent decision by Joe Biden is a slap in the face to the victims, their families, and their loved ones," Steven Cheung, Trump's communication director, said in a statement. "President Trump stands for the rule of law, which will return when he is back in the White House after he was elected with a massive mandate from the American people." "Make no mistake: I condemn these murderers, grieve for the victims of their despicable acts, and ache for all the families who have suffered unimaginable and irreparable loss," Biden said in a statement released on Monday. "But guided by my conscience and my experience as a public defender, chairman of the Senate Judiciary Committee, vice-president, and now President, I am more convinced than ever that we must stop the use of the death penalty at the federal level. In good conscience, I cannot stand back and let a new administration resume executions that I halted," he continued. Originally published by Latin Times.
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