Senate Intelligence Committee Chairman Tom Cotton said Jay Clayton’s confirmation hearing for director of national intelligence will proceed unless Trump withdraws the nomination or directs Clayton not to appear. Trump said he wants action on a voting bill and a U.S. attorney nominee before moving forward.
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Trump said he is delaying Jay Clayton’s intelligence chief nomination and keeping Bill Pulte as acting director while pressing Congress to pass a voter ID bill. The move comes amid a fight over renewing Section 702 of FISA, a lapsed surveillance authority.
SpaceX shares rose sharply in their Nasdaq debut after the company raised $75 billion in the largest IPO on record. The listing values Elon Musk’s company at about $1.77 trillion while analysts question its profitability and AI-driven valuation.
President Donald Trump said he will nominate Jay Clayton, the U.S. attorney for the Southern District of New York and former SEC chair, as director of national intelligence. Trump urged the Senate to confirm Clayton quickly as his acting pick, Bill Pulte, faces criticism on Capitol Hill.
OpenAI said it has submitted a confidential S-1 filing, giving the ChatGPT maker the option to pursue an IPO. The move follows similar filings by Anthropic and SpaceX as major AI companies seek more capital for computing power and model development.
Anthropic has confidentially filed for a U.S. IPO, setting up a potential public-market debut near a $1 trillion valuation. The Claude maker is moving as OpenAI and SpaceX also prepare major listings.
SpaceX files for an IPO without specifying fundraising goals, revealing financials and plans across space, satellite internet, and AI sectors.