• 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

Hawley blasts FDA approval of new abortion drug,...

October 2, 2025

Trump’s DOGE savings dwarfed by Medicare, Social Security...

October 2, 2025

FLASHBACK: James Comey urged officials to always prosecute...

October 2, 2025

The agency staff Vought might recommend cutting and...

October 2, 2025

Reagan-appointed judge, once rebuked by Supreme Court, continues...

October 2, 2025

‘Real consequences’: Food aid, flood insurance, FEMA funds...

October 2, 2025

Trump must triple severely outdated nuke arsenal to...

October 2, 2025

White House says federal layoffs could hit ‘thousands’...

October 2, 2025

Johnson shuts door on negotiating shutdown deal as...

October 2, 2025

Democrats refuse to budge over Obamacare fight as...

October 2, 2025
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

  • MSNBC President Rashida Jones steps down after four-year tenure

    January 14, 2025
  • Elton John speaks out on Trump’s ‘Rocket Man’ nickname for Kim Jong Un: ‘Hilarious’

    September 8, 2024
  • Trump’s granddaughter Kai shares vlog of family celebration on election night: ‘Extremely proud’

    November 12, 2024
  • Altcoins Surge 14% After the Fed’s 50 Basis Point Hike

    September 19, 2024
  • What’s next for DOGE after Elon Musk’s departure? ‘Only just begun’

    May 29, 2025

Popular Posts

  • 1

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

    July 21, 2024
  • 2

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

    July 19, 2024
  • 3

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

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,247)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Trump sets intense pace with campaign events as questions swirl about Harris’ policy positions

    August 26, 2024
  • House Democrat moves to force Trump impeachment vote

    May 13, 2025
  • Musk says the European Commission offered X a secret illegal deal

    July 12, 2024

Recent Posts

  • Watchdog finds ‘no evidence’ Biden knew of crucial climate EOs, demands answers on who signed autopen

    May 28, 2025
  • Trump cabinet picks delight Taiwan, send strong signal to China

    November 13, 2024
  • Major pro-life group knocks on 4 million doors in 2024 swing states

    October 30, 2024

Editor’s Pick

  • Chinese EV makers NIO, Xpeng, Li Auto see shares slip up to 6% after BYD’s new partnership with DeepSeek

    February 12, 2025
  • Unearthed emails reveal White House nixed Biden visiting ship because of ‘how many steps were involved’

    August 12, 2025
  • Dems’ ‘delay tactic’ to ‘malign’ Patel and stall FBI confirmation dismissed as ‘baseless’ by top Senate leader

    February 5, 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