• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump team signs memorandum of understanding with Biden White House to formalize transition

by November 26, 2024
written by November 26, 2024

President-elect Trump’s transition team announced on Tuesday that it has agreed to a memorandum of understanding with the Biden White House allowing the two sides to formally begin the transition of power.

‘After completing the selection process of his incoming Cabinet, President-elect Trump is entering the next phase of his administration’s transition by executing a Memorandum of Understanding with President Joe Biden’s White House,’ Trump’s chief of staff, Susie Wiles, announced in a press release.

‘This engagement allows our intended Cabinet nominees to begin critical preparations, including the deployment of landing teams to every department and agency, and complete the orderly transition of power.’

The press release went on to explain that the transition ‘will not utilize taxpayer funding for costs related to the transition’ in order to be ‘consistent with President Trump’s commitment to save taxpayers’ hard-earned money.’

The press release added that the transition will ‘operate as a self-sufficient organization’ in a ‘streamlined’ manner and that ‘security and information protections’ are already built in so that ‘additional government bureaucratic oversight’ will not be required. 

The transition team also said an ‘existing’ ethics plan is in place that will be posted to the website of the General Services Administration. 

‘The Transition landing teams will quickly integrate directly into federal agencies and departments with access to documents and policy sharing,’ the press release stated. ‘Per the agreement, the Transition will disclose the landing team members to the Biden Administration.’

Fox News Digital reached out to the White House for comment but did not immediately receive a response. 

Trump has been facing heat from his Democratic critics in recent weeks for not agreeing to the memorandum sooner. Sen. Elizabeth Warren, D-Mass., sent a letter to the GSA last week slamming the president-elect.

Signing the documents means the government can now provide security clearances and briefings to incoming administration officials and the FBI can screen Trump’s picks for the Cabinet and other key posts. The agreements also provide ‘office space, IT equipment, office supplies, fleet vehicles, mail management, and payment of compensation and other expenses,’ according to the GSA. 

That process is designed to uncover personal problems, criminal histories and other potential red flags that would raise questions about a nominee’s suitability for key jobs. 

Fox News Digital’s Greg Norman contributed to this report

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Expert touts Trump’s energy sector nominations, outlines hopes for administration agenda to spark energy boom
next post
Jay Bhattacharya, prominent physician and economist, nominated by Trump for NIH director

related articles

Tax season scams surge as filing confusion grows

February 1, 2026

Israel, Egypt coordinate reopening of Rafah Crossing in...

February 1, 2026

Trump says Iran ‘seriously talking to us’ as...

February 1, 2026

Amber Rose defends Charlie Kirk’s widow against online...

February 1, 2026

House Democrats mutiny Schumer’s deal with White House,...

February 1, 2026

State Department issues security alert amid ‘heavy gunfire’...

February 1, 2026

Noem touts TSA success after thousands with terror...

February 1, 2026

Hundreds rally outside Iranian UN ambassador’s Fifth Avenue...

February 1, 2026

Spencer Pratt says A-listers privately cheer his criticism...

January 31, 2026

IDF says Gaza strikes hit terrorists, weapons facilities...

January 31, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Disneyland workers reach tentative deal with company, averting strike

    July 25, 2024
  • Could Trump’s Gaza ceasefire plan offer a blueprint for peace in Ukraine?

    October 16, 2025
  • White House unleashes on ‘rogue bureaucrats’ after agency head refuses DOGE entry to headquarters

    March 8, 2025
  • Long BDX: bullish breakout above key resistance with strong institutional support and uptrend confirmation

    March 19, 2025
  • National security advisor says Putin, Zelenskyy agree ‘only President Trump could get them to the table’

    February 16, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,744)
  • Investing (920)
  • Stock (969)

Latest Posts

  • DAVID MARCUS: The top 5 twists that put Trump back in command

    October 12, 2024
  • Rubio, in Europe, says US has to ‘reset the global order of trade’ and Trump is ‘absolutely right to do it’

    April 4, 2025
  • Trump says Iran already has US terms as military strike clock ticks

    January 30, 2026

Recent Posts

  • Gold and Silver: Gold encounters resistance at $2375 level

    July 10, 2024
  • Nancy Mace vows to ‘fight like hell’ to rename old Black Lives Matter Plaza for Charlie Kirk

    December 10, 2025
  • Ocado Share Price and It’s Financial Overview

    August 9, 2024

Editor’s Pick

  • SCOOP: Trump crafts plan to cut spending without Congress after shutdown is averted

    March 13, 2025
  • Ex-Biden advisor Mike Donilon sits down with House investigators in autopen probe

    July 31, 2025
  • Dems join clergy to pray for ‘moral reckoning’ to fix Big, Beautiful Bill: ‘I still know how to agitate’

    June 10, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock