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Senate Republicans are disavowing former President Trump’s call to let the federal government default on its debts unless President Biden agrees to “massive” spending cuts, dismissing Trump’s suggestion as something far too risky to seriously consider.  

The cold reception to Trump’s bold statement is the latest sign of the widening rift between Trump and his party’s Washington establishment.

While Trump maintains strong influence in the House, where he helped Kevin McCarthy (R-Calif.) nail down enough votes to be elected Speaker, it’s a different story in the Senate.  

GOP senators largely ignored Trump’s participation in a CNN’s town hall Wednesday and later dismissed the former president’s claim that failing to raise the debt ceiling by next month’s deadline might not be a big deal.  

“I don’t think anybody suggesting that ‘we have to do a default’ is wise policy, wise strategy for this country,” said Sen. Lisa Murkowski (R-Alaska), adding that Trump “certainly doesn’t impact” her view.  

She argued it would be far more productive to encourage Biden and McCarthy to work together to reach a compromise rather than pushing a default as a viable option.  

“Right now, the talks are going on with the top four and of course the White House, and now the staffs. What we want to do is encourage that every step of the way,” she said. 

Senate Republican Whip John Thune (S.D.) said “most people recognize we need to strike a deal here” and predicted that Trump’s impacts won’t get much traction among GOP lawmakers. 

“I don’t think we want to go there with the potential consequences,” he said of a potential default.  

Asked about Trump’s comments, Sen. John Cornyn (R-Texas), an adviser to the Senate GOP leadership team, said: “Nobody thinks default is a good idea. Nobody.”  

McCarthy on Thursday distanced himself from Trump’s comments. 

“The only thing I see right now is that the Republicans made sure default is not on the table. We’ve raised the debt limit,” he said, referring to the bill House Republicans passed last month to raise the debt ceiling to $1.5 trillion and cut spending by $4.8 trillion. 

“The only person talking about default right now is President Biden. His actions, he’s ignored this problem, just like he’s ignored the border, that means more Americans are gonna die from fentanyl. You had 11,000 people just yesterday come across,” he said.

Those are much different tones than the one Trump struck at the CNN town hall, where he declared: “I say to the Republicans out there — congressmen, senators — if they don’t give you massive cuts, you’re gonna have to default.” 

He went on to say that a federal default might not have as big an impact on the U.S. economy as experts predict.  

Trump said the consequences of failing to extend the debt limit by the deadline “could be maybe nothing” or result in only “a bad week or a bad day.” 

Sen. Mitt Romney (R-Utah), when asked about Trump’s comments, said: “Yeah, well, we can’t do a default but we should find a way to reach a compromise. That’s what you expect a president to do.” 

Romney said Trump is rooting for a default because it’s in his political interests.  

“If there were a default, the one person who might be tempted to celebrate politically would be Donald Trump, because he’d say, ‘If I were president, this would have never happened,’” he said.

Romney said Trump’s CNN town hall appearance showed a person “untethered to the truth and untethered to the constitutional order.” 

He also criticized Trump for saying he would pardon the people who invaded the U.S. Capitol on Jan. 6, 2021, and for not expressing support for Ukraine in its war against Russia.  

“A crime is a crime. I believe in juries, and people who’ve been convicted of a crime ought to pay the penalty that the jury or the court imposed and [that] they agreed to, in some cases,” Romney said.

Sen. Bill Cassidy (R-La.) said he wasn’t that surprised that Trump advised Republicans to let the nation default.  

“It doesn’t surprise me he’d say that,” Cassidy said. “The president is a candidate trying to run on a very populist base, and I think he feels like that will position him in place he gets more votes, and I think he’ll say whatever he needs to, to get more votes.”

Cassidy said he wasn’t sure how it would influence Trump’s allies in the House. 

“I don’t have their temperature,” he said. 

A Republican senator who requested anonymity to comment candidly on Trump said senators would ignore the advice.  

“I don’t know about the House, but I don’t think there are a lot of senators who wait for his instructions,” the lawmaker said. 

But the senator expressed uncertainty whether Trump might push House conservatives to take a harder line in the talks. 

“I don’t know,” the senator said. “We need to be working together.” 

House Republicans mostly dodged Trump’s call to let the nation default if Democrats refuse to agree to massive cuts, but they were less critical of Trump’s comments than some of their Senate Republican colleagues. 

Rep. Mike Johnson (R-La.), the vice chairman of the House Republican Conference, said a default is what House Republicans are trying to avoid.  

“Obviously, if there’s not a deal, then there’s default. That’s what we’re all trying to prevent,” he said.  

He downplayed Trump’s influence by noting, “obviously, he’s not part of this negotiation.”  Tesla recalls more than 1 million vehicles in China Flesh-eating ‘zombie drug’ saturating Los Angeles streets, officials say

Rep. Dusty Johnson (R-S.D.) said he views Trump’s willingness to let the nation default as campaign rhetoric.  

“I forget who said it, but you know, you campaign in poetry and you govern in prose. … Candidates talk about things differently than people who are trying to get to a deal,” he said, referring to the political maxim made famous by late New York Gov. Mario Cuomo.  

Mychael Schnell and Emily Brooks contributed.  

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Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White House

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Tesla investors want Elon Musk to answer questions about 'salute,' role in Trump White House

U.S. President-elect Donald Trump greets Tesla CEO and X owner Elon Musk during a rally the day before Trump is scheduled to be inaugurated for a second term, in Washington, U.S., January 19, 2025. 

Brian Snyder | Reuters

Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term in the White House, with Elon Musk right by his side.

Now that the Tesla CEO is firmly planted in Washington, D.C., in a high-profile advisory role, shareholders in the electric vehicle maker have some questions.

On the forum Tesla uses to solicit investor inquiries in advance of its earnings calls, more than 100 poured in from shareholders about Musk’s politics, including his official role at Trump’s Department of Government Efficiency (DOGE) and his endorsement of far-right candidates.

“How much time does Elon Musk devote to growing Tesla, solving product issues, and driving shareholder value vs. his public engagements with Trump, DOGE, and political activities?” one retail investor asked, adding, “Do you believe he’s providing Tesla the focus it needs?”

In addition to contributing $270 million to help Trump and other Republican candidates and causes, Musk spent weeks on the campaign trail during the fourth quarter working to propel Trump back into the White House. After Trump’s election victory, Musk then spent considerable time far away from Tesla’s factory floor at Trump’s Mar-a-Lago resort in Florida.

One of the top-voted questions about Musk asked how much time he intends to spend “at the White House and on government activities vs time and effort dedicated to Tesla.”

Musk and Tesla didn’t immediately respond to a request for comment.

Elon Musk's America PAC sees mixed election results

Musk has also involved himself in German politics, giving a full-throated endorsement of the country’s far-right, anti-immigrant party AfD (Alternative für Deutschland) in December ahead of the February election.

According to research and consulting firm Brand Finance, the value of Tesla’s brand fell by 26% last year, with factors including Musk’s “antagonism,” Tesla’s aging lineup of EVs and more. The researchers found that fewer consumers would recommend or consider buying a Tesla now than in previous years.

During public remarks following last week’s inauguration, Musk repeatedly used a gesture that was viewed by many historians and politicians as a Nazi salute. Ruth Ben-Ghiat, whose scholarship has focused on fascism, described it as “a Nazi salute and a very belligerent one,” while neo-Nazis praised Musk for his antics.

A shareholder on Say asked, “Will you apologize for the misunderstanding that occurred when you made the hand gesture thanking folks for their support. It would go a long way with your investors and the American public at large. Thanking you in advance Elon!”

In response to the criticism, Musk said anyone calling the salute a hateful gesture was pushing a “hoax.” But after that, he engaged in Nazi-themed word play on X, prompting the Anti-Defamation League to rebuke him, writing it is “inappropriate and offensive to make light” of the “singularly evil” Holocaust. And Musk later appeared via video at a rally for the AfD in Halle, Germany.

Some investors asked whether Tesla had “sales lost due to political activities of Elon,” how the company plans “to respond to Musk’s now infamous Nazi salute,” and how Tesla “is addressing the negative impacts of Elon’s public views and activities.”

But Tesla is under no obligation to bring any of these topics up on the earnings call. Ahead of the third-quarter call in October, investors had a lot of questions and concerns about similar issues regarding Musk’s involvement in politics, though that was before Trump’s election victory.

Trump was never mentioned on that call.

WATCH: Here’s why Bank of America downgraded Tesla

Tesla: Here's why Bank of America downgraded the stock to neutral

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Elon can’t get it up (past 325 kW), BP can, and GM hopes to keep it up in 2025

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Elon can't get it up (past 325 kW), BP can, and GM hopes to keep it up in 2025

Despite mocking 350 kW as “a child’s toy” in 2016, the company is just rolling out 325 kW V4 chargers in 2025. Meanwhile companies like BP are celebrating 400 kW installations along major highways – and they’re making money doing it. All this and more on today’s thrilling January 47th episode of Quick Charge!

We’ve also got a blast from the past in the form of one of my first Electrek article from way back in 2022, GM’s performance making TSLA look like a meme stock, and a massive lithium project in the Heartland.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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World

Many feared dead after stampede at Maha Kumbh Hindu festival in northern India

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Many feared dead after stampede at Maha Kumbh Hindu festival in northern India

Many people are feared dead and dozens have been injured in a stampede at a Hindu festival in northern India.

Images from the scene in the city of Prayagraj, in Uttar Pradesh state, show bodies being stretchered away and rescuers helping those who were hurt.

Millions of people were attempting to take a holy bath in the river at the massive Maha Kumbh festival when there was an initial stampede at 1am local time (1930 UK time).

still from APTN direct showing rescue teams after a stampede at Maha Kumbh Mela festival in India Credit APTN
Image:
Ambulance crews have been taking the injured to hospital. Pic: APTN

Authorities said people trying to escape it were then caught in a second – and more serious – stampede at an exit.

Devotees had congregated to bathe at the confluence of the Ganges, the Yamuna and the mythical Saraswati rivers.

still from APTN direct showing rescue teams after a stampede at Maha Kumbh Mela festival in India Credit APTN
Image:
A Rapid Action Force unit, a special team deployed during crisis situations, has been sent to the scene. Pic: APTN

A Rapid Action Force unit, a special team deployed during crisis situations, has been sent to the scene.

Prime Minister Narendra Modi has spoken to the chief minister for Uttar Pradesh state, Yogi Adityanath, calling for “immediate support measures”, according to the ANI news agency.

map showing location of stampede at massive Maha Kumbh festival in India

Authorities had expected a record 100 million people to visit Prayagraj for the Maha Kumbh – “festival of the Sacred Pitcher” – on Wednesday for the holy dip.

It is regarded as a significant day for Hindus, due to a rare alignment of celestial bodies after 144 years.

Before stampede - devotees gather early in the morning during the "Maha Kumbh Mela", or the Great Pitcher Festival, in Prayagraj, India, January 28, 2025. REUTERS/Sharafat Ali
Image:
Huge crowds gathered on Tuesday at the Hindu festival, the world’s largest religious gathering. Pic: Reuters


The Maha Kumbh festival, which is held every 12 years, started on 13 January and is the world’s largest religious gathering.

Organisers had forecast that more than 400 million people would attend the pilgrimage site over the next six weeks.

Indian Hindu devotees arrive for a holy dip at Sangam, the confluence of the Ganges, the Yamuna and the mythical Saraswati rivers, on the eve of the 'Mauni Amavasya' or new moon day during the Maha Kumbh festival, in Prayagraj, Uttar Pradesh, India, Tuesday, Jan. 28, 2025. (AP Photo/Rajesh Kumar Singh)
Image:
Hindu devotees arriving for a holy dip on Tuesday. Pic: AP

Authorities have built a sprawling tent city on the riverbanks, equipped with 3,000 kitchens and 150,000 toilets and 11 hospitals.

Stampedes are relatively common around Indian religious festivals, where large crowds can gather in small areas.

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