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Florida Governor Ron DeSantis announced he will seek the nomination to be the Republican nominee for the United States presidency. The U.S. is the worlds superpower, both economically and militarily, with geopolitical interests throughout all continents and economic impact in most countries. As such, American elections garner a lot of attention, especially in Europe.

For many reasons, Governor DeSantis has become the symbol of effective, strong conservative governance, and Florida is a blueprint for many center-Right governments in American states and European countries. The American support for his candidacy would in fact show that conservatives reject the cult of the individual, as they often have in the past, embracing instead the best common sense, conservative policies. For Europeans, it would mean a trusted and reliable partner that would strengthen the U.S. and the Western alliance in front of aggressions and hegemonic aspirations of our geopolitical adversaries and would present a model that works for bolstering the economy.

DeSantis won the race for Congress in 2012 against all odds, going door-to-door together with his wife, Casey, and convincing people to choose an idealist who could get things done. Subsequently, he became one of the founders of the House Freedom Caucus, one of the most conservative groups in the United States Congress, advocating for fiscal responsibility, limited government, individual freedoms, less bureaucracy, and stronger national defense. Just as he managed to go into Harvard and Yale and come out more conservative than when he started his academic path, in Congress he managed to not only avoid becoming part of the swamp, but also stand up to it. Similarly, he successfully stood up to Fauci-ism and the worldwide infringements of human rights and came out victorious.

In 2018, DeSantis won by a margin of 0.4% against Democratic candidate Andrew Gillum. Four years later, with a successful track record, he transformed the margin of victory into an almost 20% difference with his rival Charlie Crist, demonstrating that voters award competence, politicians that stick to their values and principles and policies that strengthen their freedoms and prosperity.

It was the largest margin of any Florida Governor in 40 years, winning comfortably the vote of men (64%), women (53%), Hispanic (58%), White (65%), independent (53%), and Republican (97%) and reaching 13% with African-Americans and 5% with Democrats. He won Miami Dade, a Democrat stronghold, for the first time in two decades, and turned Palm Beach County Republican for the first time since 1986. Under him, Republicans won supermajorities in both chambers of the Florida Legislature and DeSantis used these victories to push for and sign laws based on what he actually promised when running for re-election. Mr. DeSantis showed that he can win even where Democrats think they have the upper hand. Fundamentally, he transformed a swing state into a reliable Republican stronghold, basically obliterating the Left from all positions of power. More importantly, he can win against President Biden, because he can win states such as Arizona, Georgia, Nevada, and many others that other contenders cannot. Electability is one of his greatest advantages.

The governor, immensely popular within his state, ensured a Red Wave in Florida in an otherwise surprisingly bad year for Republicans and helped secure the majority in the U.S. House of Representatives. As an example of the efficiency of his governorship together with the House and Senate of the state, just in the recent legislature, they have created the largest school choice program in American history, banned abortion after six weeks, approved a $2 billion tax cut, strengthened gun rights, banned sex change operations from being performed on minors, barred woke initiatives in universities, cracked down on illegal immigration, expanded parental rights in education, protected the rights of individuals against the overreach of government in collusion with large corporations.

Moreover, he signed a digital bill of rights, to protect his citizens from the overreach of big tech, enhanced penalties for fentanyl dealing, fined credit card companies for tracking citizens gun purchases, made it easier to own a house, outlawed social credit scores, banning government from considering social, political or ideological beliefs when evaluating potential vendors, outlawed central bank digital currency and approved laws that fight antisemitism and any type of discrimination. All of these common sense and widely accepted ideas are transformed into law in a way that would make it difficult for the next governor to undo them.

That is exactly the best feature of Governor DeSantis. He is a strategist that acts with a discipline and precision often lacking in other politicians, giving the reassuring feeling that the adults are now in charge. He has made sure that his governorship is a consequential one and more importantly, that his policies continue to improve and protect the freedoms and lives of his citizens even after he is gone. All of this has been done without increasing the size or degree of interference of government, expanding instead the liberties of citizens.

He has gathered a team that works competently towards their common goal, free of leaks and unnecessary drama. As president of the United States, his record proves that he would preside over a government that cuts bureaucracy, runs efficiently, and does not sabotage itself, while enabling individuals and families to prosper and unleash their economic potential. More importantly, he has shown an admirable knowledge of conservative philosophy and policies and a willingness to study and understand laws and proposals in depth.

Under his leadership, Florida became home of the free, and beacon of liberty across the globe, incentivizing citizens, and businesses to move there from wouldbe socialist states that are high in crime and low in prosperity. Florida was number one in net migration, in new business formation, in education, and economic freedom. The crime rate fell to a 50-year record low level.

Overall, he has pursued supply-side policies such as tax cuts, deregulation, incentivizing investments in key industries and technology, while keeping government expenditure low. In fact, Florida has a budget surplus, even though it has a lower budget than New York, which through its high taxes and massive spending often goes on the brink of bankruptcy. These policies have resulted in an unemployment rate of 2.6% as of April 2023, gross domestic product real rate of growth for the fourth quarter of 2022 of 3.7%, a budget surplus for FY 2021-22 of $21.8 billion, the highest in the states history, and a yearly private sector employment growth of 4.7%, as of March 2023, all metrics superior to the national ones. As a conservative, he understands the necessity to lower the deficits, maintain fiscal discipline, and encourage entrepreneurship and the true free market.

DeSantis has combined these free market, supply-side policies with a higher focus on culture, tradition, and individual freedoms. This is the fusionism of the 21st century that all the West needs to strengthen the United States and Europe as the two pillars that will keep the balance of power in the West, just as President Reagan and Prime Minister Thatcher did in the eighties. Wokeism and cancel culture, higher government intervention and their collusion with corporations that in fact do not serve shareholders or customers but agendas imposed by fringe segments, are the modern manifestation of communism and fascism precisely the policies DeSantis has been fighting.

He seems to be the only one who can unite a strong coalition of the spectrum of the Right, from social and fiscal conservatives to classical liberals whose philosophy stands at the foundation of the U.S.. Moderates, national conservatives, common sense libertarians and principled realism foreign policy advocates will also find him attractive. All of these different streams of the Right, which have conflicted oftn with one another in many aspects, have many things in common. To win and effectively address the challenges of our time, an alliance based on the common traits of all of them is needed. I have seen this Reaganite fusion during Governor DeSantis governance and that will be the key to winning the Presidency and governing successfully.

American center-Right individuals of all streams and philosophies should endorse and join DeSantis and his alliance if they want their voices heard, concerns addressed and the country safer, stronger, and more prosperous. His election can serve as an incentive to his European counterparts and help strengthen the bond between the freedom-loving nations in front of the considerable challenges and threats ahead.

Nikola Kedhi is an economic commentator, financial consultant and contributor to various media such as Fox News, Newsweek, the Daily Signal, Newsmax and Mises Institute. Kedhi is also a co-author of the Constitution of Center-Right Values of the Democratic Party of Albania. He can be reached on Twitter: @nikedhi95 and on Substack.

The views expressed in this piece are those of the author and do not necessarily represent those of The Daily Wire.

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Binance lawyers allege SEC Chair Gensler offered to serve as advisor to crypto company in 2019




Binance lawyers allege SEC Chair Gensler offered to serve as advisor to crypto company in 2019

SEC Chair Gary Gensler mocks putting a gun to his head in response to a “Blazing Saddles” reference by Rep. Emanuel Cleaver, D-Mo., during the House Financial Services Committee hearing titled “Oversight of the Securities and Exchange Commission,” in Rayburn Building on Tuesday, April 18, 2023.

Tom Williams | CQ-Roll Call, Inc. | Getty Images

SEC Chair Gary Gensler, who is in the midst of a hefty crackdown on crypto companies, offered to serve as an advisor to Binance’s parent company in 2019, according to the lawyers for Binance and founder Changpeng Zhao.

Documents filed by the SEC on Wednesday indicate that attorneys from Gibson Dunn and Latham & Watkins, two of Binance’s law firms, allege that Gensler offered to serve as an advisor to the crypto exchange in several March 2019 conversations with Binance executives and Zhao. He eventually met Zhao in Japan for lunch later that month, the filing claims.

At the time, Gensler was teaching at Massachusetts Institute of Technology’s Sloan School of Management. He was appointed head of the SEC in 2021 by President Biden, and over the past year has come down hard on the crypto industry, suing numerous companies for allegedly selling unregistered securities.

Earlier this week, the SEC filed 13 charges against Binance and Zhao, alleging the company failed to register as an exchange and broker-dealer, improperly commingled funds and lacked critical internal controls over its businesses.

Before Gensler started going after Binance, he was trying to cozy up to the company, the lawyers say. The Wall Street Journal previously reported on Gensler and Binance’s relationship, citing internal Binance messages and a person close to the SEC chair. Both suggested that Binance approached Gensler.

In the latest filing, the Gibson and Latham attorneys say that Zhao continued to stay in touch with Gensler after the March meeting. And at the future SEC chair’s request, Zhao sat down for an interview with Gensler as part of a cryptocurrency course he was teaching at MIT.

The SEC on Tuesday described Zhao, who reportedly resides in the UAE, as a “foreign national” with a tendency for “geographic elusiveness.” Zhao’s lawyers now say that the Zhao understood that Gensler was “comfortable serving as an informal advisor.”

Later in 2019, the letter said, Gensler was slated to testify before the House Financial Services Committee, and he sent Zhao a copy of his intended testimony ahead of the hearing.

In July of that year, Gensler testified before the House over Facebook’s proposed and later canceled cryptocurrency Libra and its planned Calibra wallet.

“I do not advise any financial, technology, blockchain or other companies, nor do I own any cryptocurrencies,” Gensler’s prepared testimony read.

Gensler’s advice to lawmakers at the time was largely the same as his public statements today. He said that, with Facebook envisioning a wallet to store customer assets, rules needed to be in place “to guard against Calibra’s use or potential abuse of such customer funds.”

He also testified more broadly in language that’s resembles his latest pronouncements.

“We must guard against illicit activities, such as tax evasion, money laundering, terrorist financing and avoiding sanctions,” he said at the time. “We must protect individuals’ privacy.”

Because of Gensler’s ties to Zhao, Binance’s lawyers said they’d asked for his recusal from any actions regarding the company. They say they got no acknowledgement from SEC staff.

An SEC spokesperson said in a statement to CNBC that, “the Chair is very familiar with and full compliance with his ethical obligations including any recusal obligations.”

The SEC’s probes into Binance.US and Binance began in 2020 and 2021, respectively, well after Gensler and Zhao’s last alleged contact.

WATCH: SEC wages war against crypto industry

SEC vs. crypto: Regulators take on Coinbase and Binance

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NIO sets YTD order intake record after new ES6 launch in May




NIO sets YTD order intake record after new ES6 launch in May

NIO’s new ES6 already looks to be a key factor as the EV maker looks to expand its brand and compete in the booming Chinese electric vehicle market. According to Morgan Stanley, NIO hit a new year-to-date order intake record aided by the launch of the second-generation ES6.

After launching what many consider its most important model to date two weeks ago with its second-gen ES6 electric SUV, NIO has seen increased interest in the brand.

Although NIO was the only major EV maker in China to see a monthly sales decline in May, delivering 6,155 models (down 8% from April), the company has a plan to turn things around… and it already looks to be paying off.

Although the ES6 has been the company’s top seller since launching in 2018 as a more affordable option to the ES8, NIO knew it was time for an upgrade.

The EV maker is focusing on its NT 2.0 EV platform vehicles, including the recently launched EC7, second-generation ES8, ET5, and ES7 models. All NT 2.0 models are built on the NIO Adam supercomputer using four Nvidia DRIVE Orin system-on-chips (SoCs).

New ES6 boosts NIO’s order intake to record YTD high

A research report released last week from the Chinese consumer behavior research agency CarFans highlighted consumer behavior in NIO stores within the first 72 hours of launching (May 24 to May 27) the new ES6.

The report found each NIO store received 90 pre-orders on average, with around 20 confirmations that included a down payment.

New NIO ES6 (Source: NIO)

With roughly 330 stores, that’s around 29,700 pre-orders or 6,600 confirmations. For just three days, that’s pretty impressive for a premium SUV.

Although the cancellation rate is expected to be around 10%, the new ES6 is already leading to a new order intake record for the year, according to Morgan Stanley analyst Tim Hsiao (via CnEVPost).

In a research note on June 5, Hsiao said the firm had been tracking feedback from startups’ major sales channels in Tier 1 cities since last year to analyze the market. The team shared data that confirmed the new ES6 accounted for 35% to 40% of new orders in May, suggesting a meaningful impact on inflow as it launched in the final week of the month.

NIO’s overall traffic at flagship stores rose 30% to 40% month-over-month, with momentum continuing into early June. The new ES6 is NIO’s cheapest electric SUV, starting at RMB 368,000 ($51,614).

Meanwhile, the team said that despite customer traffic at the stores it tracks returning to levels seen this February, they are still “20% below last September’s level when the company rolled out ET5.”

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Vineyard Wind 1’s first turbine blades arrive in the US




Vineyard Wind 1's first turbine blades arrive in the US

The first turbine blades for Vineyard Wind 1, the US’s first commercial-scale offshore wind farm, have arrived at the New Bedford Marine Commerce Terminal in Massachusetts.

The $3.5 billion offshore wind farm will feature 62 GE Haliade-X 13-megawatt (MW) turbines spaced one nautical mile apart. The first turbine blades – each one 107 meters (351 feet) long – arrived at the Port of New Bedford (pictured above) from GE’s production site in Nazaire, France, on the heavy load vessel Rolldock Sky. (And no, it’s not lost on us, either, that wind turbine blades arrived on a fossil fuel vessel. May we collectively resolve that ironic problem ASAP.)

The turbine sections will be assembled at the terminal before they’re shipped out and installed this summer.

The 800 MW Vineyard Wind 1 is 15 miles south of Martha’s Vineyard and Nantucket and 35 miles from mainland Massachusetts. It’s a 50-50 joint venture between clean energy company Avangrid and Copenhagen Infrastructure Partners (CIP) funds CI II and CI III.

Vineyard Wind I will supply clean energy for over 400,000 homes and businesses in Massachusetts and reduce carbon emissions by over 1.6 million tons per year. It’s expected to come online at the end of 2023.

Read more: This US offshore wind farm is piloting a bubble curtain – what it is and why it’s cool

Photo: Avangrid

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