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Trump changes his tune on lowering grocery prices in Time Person of the Year interview: Live updates

President-elect backs away from key campaign pledge on inflation

Joe Sommerlad,Ariana Baio,Gustaf Kilander
Thursday 12 December 2024 13:31 EST
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Donald Trump rings opening bell at New York Stock Exchange

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Donald Trump has been named Time magazine’s “Person of the Year” following his November election win but has also caused consternation by appearing to back away from his pledge to bring down grocery prices once he takes office, U-turning on a key promise to American voters.

“It’s hard to bring things down once they’re up, very hard,” the president-elect told the magazine, hoping to manage expectations on inflation.

The annual cover – which highlights an individual who has greatly influenced the year, for good or ill – has just been unveiled, bearing an imperious portrait of the Republican against a stark background.

Trump was also named “Person of the Year” in 2016 after beating Hillary Clinton to win election to the White House for the first time.

He celebrated this latest honor by delivering a brief speech and ringing the opening bell at the New York Stock Exchange on Thursday morning.

Trump has meanwhile been continuing to announce nominees to his new administration and gloating over the resignation of FBI Director Christopher Wray, whom he appointed to replace James Comey in 2017, calling his departure a “great day for America” and bemoaning the August 2022 raid on Mar-a-Lago.

Donald Trump officially named Time’s ‘Person of the Year’

Here’s the confirmation of the president-elect’s latest accolade.

And here’s the magazine’s editor Sam Jacobs to explain their thinking.

Here’s a full report from Kelly Rissman.

Donald Trump named Time’s ‘Person of the Year’ for second time

Trump was previously bestowed the honor in 2016.

Joe Sommerlad12 December 2024 12:50

Ex-FBI Director James Comey issues warning to former colleagues ahead of Trump second term

In a statement posted to Instagram a day before his successor Christopher Wray announced he’d be stepping down, Comey wrote: “I realize there is a great deal of anxiety in the Bureau now — produced by the rhetoric of those who have reason to fear honest investigators.

“But please know you will be ok in the long run.”

The former bureau director’s tenure at the department abruptly ended in 2017 when then-president Donald Trump fired him and Wray appears to be jumping before he is pushed in favor of Kash Patel.

Here’s more on Comey from Michelle Del Rey.

Ex-FBI Director James Comey issues warning to former colleagues

‘There is always accountability even if it seems years away,’ the former FBI director wrote on instagram

Joe Sommerlad12 December 2024 12:40

Trump seeks to dismiss Central Park Five defamation lawsuit

The president-elect yesterday filed a petition with a federal judge seeking the dismissal of the lawsuit brought against him in October by the so-called Central Park Five – Yusef Salaam, Raymond Santana, Kevin Richardson, Antron Brown and Korey Wise – five Black New Yorkers who were falsely accused of the rape of a jogger in 1989 and who were exonerated in 2002.

Trump, then a New York City real estate kingpin with no particular political pull, took out full-page adverts in Big Apple newspapers calling for the reinstatement of the death penalty in the Empire State to execute the men.

He never apologized (see below), even after the real culprit was caught and the Five were vindicated thanks to the emergence of DNA evidence.

Then, at a September presidential debate against Vice President Kamala Harris, Trump stated that the men had killed someone and pleaded guilty to the crime, prompting the lawsuit that alleged Trump’s comments intentionally inflicted emotional distress and painted the men in a false light.

In court filings, Trump’s lawyers argued that his statements were protected under the First Amendment as expressions of opinion on public matters.

“The president-elect’s speech about matters of public concern is safeguarded by the Constitution,” his attorneys wrote.

Joe Sommerlad12 December 2024 12:20

Trump says he had ‘great conversation’ with the ‘very nice’ Jill Biden

Days after using this shot of the first lady to shill his new line of “Fight, Fight, Fight” Christmas cologne, the president-elect is now back trying to be a bit more gallant about their meeting in Paris over the weekend for the reopening of Notre Dame Cathedral.

The same picture inspired Fox host and former Trump economist Larry Kudlow to suggest, absurdly, that Dr Biden had been “flirting” with the new president because she “gravitates towards power”, on which Justin Baragona has more.

Fox News hosts suggest Jill Biden ‘flirted’ with Trump

“That was almost heavy-duty petting,” Larry Kudlow said at one point about the friendly conversation Trump and Jill Biden engaged in, adding that he’s certain that she voted for the president-elect.

Joe Sommerlad12 December 2024 12:00

Biden commutes 1,500 sentences and issues 39 pardons in biggest single-day act of clemency in history

Joe Biden has issued the single largest act of clemency in modern history, commuting the sentences of roughly 1,500 people and issuing 39 presidential pardons.

With just 40 days left in the White House, the president announced on Thursday that he is lessening the sentences of thousands of prisoners who were released and placed on home confinement for at least one year during the Covid-19 pandemic.

Biden, who faced backlash after pardoning his own son Hunter from his federal crimes earlier this month, also issued pardons for US citizens convicted of non-violent crimes such as drug offenses, who have shown “successful rehabilitation”.

The president said his administration will continue reviewing clemency petitions to “advance equal justice” and “provide meaningful second chances,” before Donald Trump is inaugurated as his successor on January 20 .

“America was built on the promise of possibility and second chances,” Biden said.

James Liddell and Colleen Long have the full story.

Biden announces biggest single-day act of clemency in modern US history

‘America was built on the promise of possibility and second chances,’ Biden said in a statement

Joe Sommerlad12 December 2024 11:40

Trump shares article linking MAGA ‘star’ Richard Grenell to top Iran post

Linking to a Reuters story about Grenell, his former ambassador to Germany and acting director of national intelligence, being named new special envoy to Tehran, the president-elect called him “a fabulous person, A STAR” and promised he would be “someplace, high up!”

All of which suggests the appointment, or one like it, is likely to happen but why not just get on and announce it?

Joe Sommerlad12 December 2024 11:20

Trump taps election-denier Kari Lake for Voice of America director

The president-elect announced more nominees to his new administration last night, finally finding work for Kari Lake, the ex-news journalist and serial election-loser who has been haunting Arizona politics for several years.

The following quartet was also announced by the transition team yesterday:

  • Leandro Rizzuto, billionaire co-founder and chairman of Conair, as Ambassador to the Organization of American States.
  • Dr Peter Lamelas, a physician who practices in Palm Beach, Florida, as United States Ambassador to Argentina.
  • Daniel J Newlin, a personal injury attorney who funded much of Trump’s campaign advertising, as Ambassador to Colombia.
  • Michael J Rigas, who served as Deputy Director of the Office of Personnel Management and Acting Deputy Director of Management, is to be Deputy Secretary of State for Management and Resources.

Here’s more on Lake from Alex Lang.

Joe Sommerlad12 December 2024 11:00

Trump invites China’s Xi Jinping to attend his inauguration

The president-elect has invited his Chinese counterpart to watch his swearing in ceremony on Washington DC on January 20, CBS News reports.

Trump reportedly extended the invite last month but the Chinese embassy in Washington has yet to comment.

The Republican said in an interview with NBC conducted on Friday that he “got along with very well” with Xi and that they had “had communication as recently as this week”.

It would be unprecedented for a leader of China, a top US geopolitical rival, to attend an American presidential inauguration and Trump has risked poking the bear by naming numerous China hawks to key posts in his incoming administration, including Senator Marco Rubio as secretary of state.

Donald Trump and Xi Jinping
Donald Trump and Xi Jinping (AFP/Getty)
Joe Sommerlad12 December 2024 10:35

Mark Zuckerberg’s Meta donates $1m to Trump’s inaugural fund in latest attempt to rebuild bridges

Meta CEO Mark Zuckerberg has reportedly donated $1m to Donald Trump’s inaugural fund, the latest twist in the complicated relationship between the tech boss and the Republican president-elect.

The donation has been confirmed by the Silicon Valley company, according to The Wall Street Journal, and comes despite Trump threatening the Facebook founder with prosecution if he attempted to influence the election against him during the campaign.

The move is the latest example of a tech CEO moving to make a conciliatory gesture towards Trump now that his return to the White House has been confirmed and his party have secured control over both houses of Congress, with the GOP commonly hitting out at the California tech sector, which is seen as predominantly left-leaning.

Here’s more.

Mark Zuckerberg’s Meta donates $1m to Trump’s inaugural fund

Facebook founder appears to be moving to mend fences with the president-elect after years of rocky relations

Joe Sommerlad12 December 2024 10:00

President-elect gloats over resignation of FBI Director Christopher Wray

Trump has meanwhile been gloating over the resignation of FBI Director Christopher Wray, whom he appointed to replace James Comey in 2017 and who announced his departure on Wednesday, with nominee Kash Patel waiting in the wings.

Writing on Truth Social, the president-elect called it “great day for America” that would “end the Weaponization of what has become known as the United States Department of Injustice.”

Trump went to accuse the bureau of having “illegally raided my home, without cause, worked diligently on illegally impeaching and indicting me.”

Here’s Andrew Feinberg with a full report in the outgoing Wray.

FBI director Christopher Wray will resign ahead of Trump’s plan to replace him

Wray’s term would have ended in 2027 without Trump’s intervention

Joe Sommerlad12 December 2024 09:40

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