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OpenAI has partnered with a new AI initiative led by a group co-founded with outgoing Special Presidential Envoy for Climate John Kerry that has pushed left-wing causes and has several board members aligned with Democrats. 

OpenAI, led by CEO Sam Altman, is backing an initiative known as AI 2030, which is aimed at shaping ‘public dialogue about U.S. competition against China on AI,’ Politico reported in October.

The initiative is led by the ‘non-partisan’ think tank American Security Project (ASP), where Kerry was a founding member and served two stints on the board of directors. 

ASP has promoted the idea that climate change is a national security threat, and argued on its website that pulling out of the Iran Nuclear Deal was a bad idea that ‘harms national security.’ The group previously received a $500,000 grant from the Rockefeller Foundation ‘for use by its World War Zero initiative, an effort to achieve action and mobilization through awareness and public education to halt the increase of global carbon emissions.’  The Rockefeller Foundation has dished out tens of millions of dollars to left-wing causes.

Kerry’s former chief of staff David Wade, who gave Hunter Biden rapid response help as the Burisma scandal swirled, currently sits on the board of directors and recently authored an op-ed in The Hill explaining how AI in the U.S. has reached its ‘Sputnik moment,’ outlining the need to compete with China on AI.

Former Obama Secretary of Defense Chuck Hagel, who called then-President Trump an ’embarrassment’ in 2018, also sits on the board of ASP.

Rep, Don Beyer, D-Va., who is also on the board at ASP, has publicly opposed Trump’s tariff policies, calling them ‘idiotic’ and ‘illegal’ in a 2023 press release.

In 2018, ASP promoted an op-ed by Board Member Matthew Wallin in which he criticized Trump’s diplomatic tactics against Russian President Vladimir Putin. 

In 2017, Wallin amplified the debunked media narrative in a post on X, then Twitter, that Trump called White supremacists at the deadly Charlottesville rally ‘good people.’

Chris Lehane, who serves as OpenAI’s Head of Global Policy, is the author of the infamous and controversial ‘Vast Right Wing Conspiracy’ memo promoted by then-first lady Hillary Clinton dismissing the Monica Lewinsky scandal as part of a right-wing media conspiracy. 

Along with being a longtime Democratic Party consultant, Lehane has recently contributed money to help former Sen. Bob Casey, D-Pa., and Sen. Adam Schiff, D-Calif. 

Altman recently followed other tech titans and made a substantial $1 million gift to Trump’s inauguration in his personal capacity, but has faced scrutiny for previous high-dollar donations to left-wing efforts, including a $250,000 donation to a Democratic super PAC and opposition research firm American Bridge during the 2020 election. 

Altman has donated to hundreds of Democrats in recent years compared to just one Republican, Newsweek reported this past summer. He was also recently tapped to be a co-chair for the incoming Democratic mayor of San Francisco’s transition team. 

In addition to hosting a fundraiser for Democratic presidential candidate Andrew Yang at his San Francisco home in late 2019, Altman has donated over $1 million to Democrats and Democratic groups, including $600,000 to the Sen. Chuck Schumer-aligned Senate Majority PAC, $100,000 to the Biden Victory Fund and over $150,000 to the Democratic National Committee (DNC). He also gave thousands to state Democratic parties and top Democrats in the House and Senate.

In 2014, Altman co-hosted a fundraiser for the DNC at Y Combinator’s offices in Mountain View, California, which was headlined by then-President Obama.

Following Trump’s victory in November, Altman posted on X, ‘congrats to President Trump. i wish for his huge success in the job.’

‘It is critically important that the US maintains its lead in developing AI with democratic values,’ he added. 

During Altman’s tenure from 2014 to 2019 as the CEO of Y Combinator, an incubator startup that launched Airbnb, DoorDash and DropBox, he talked about China in multiple blog posts and interviews. In 2017, Altman said that he ‘felt more comfortable discussing controversial ideas in Beijing than in San Francisco’ and that he felt like an expansion into China was ‘important’ because ‘some of the most talented entrepreneurs’ that he has met have been operating there. 

Altman’s résumé and AI efforts have drawn the ire of Trump ally Elon Musk in recent years. Musk said last year, ‘I don’t trust OpenAI. I don’t trust Sam Altman. And I don’t think we ought to have the most powerful AI in the world controlled by someone who is not trustworthy.’

Musk, who has been involved with a highly publicized legal tussle with Altman, has also said that OpenAI’s ChatGPT function is infected with the ‘woke virus.’

ChatGPT is an AI chatbot whose core function is to mimic a human in conversation. Users across the world have used ChatGPT to write emails, debug computer programs, answer homework questions, play games, write stories and song lyrics, and much more. 

‘It is going to eliminate a lot of current jobs, that’s true. We can make much better ones. The reason to develop AI at all, in terms of impact on our lives and improving our lives and upside, this will be the greatest technology humanity has yet developed,’ Altman said in a 2023 interview with ABC News. ‘The promise of this technology, one of the ones that I’m most excited about, is the ability to provide individual learning — great individual learning for each student.’

In recent months, OpenAI has reportedly been quietly pitching its products to the U.S. military and pursuing defense contracts, Forbes reported.

In a statement to Fox News Digital, a spokesperson for OpenAI said, ‘America has to win the AI race, and that is why Americans from both sides of the aisle are united in supporting policies that help the US maintain its competitive edge against China.’ 

‘ASP is a nearly twenty-year-old bipartisan organization that works with legislators, retired flag officers, subject matter experts, and groups from across the political spectrum to produce high quality research and forge bipartisan consensus on emerging threats to our national security,’ an ASP spokesperson told Fox News Digital in a statement. 

‘While OpenAI is one of many donors for AI Imperative 2030, we ensure an equal balance of opinions informed by independent experts and Consensus for American Security members, including Julia Nesheiwat, Ph.D., former Trump Homeland Security Advisor, and Neil Chatterjee, former Chairman of the Federal Energy Regulatory Commission under Trump. We also recently hosted a roundtable featuring Nazak Nikakhtar, another former Trump official.’

The statement continued, ‘The primary objective of AI Imperative 2030 is to ensure that the U.S., not China, wins the race for AI supremacy. China aims to surpass the U.S. and lead the world in AI by 2030. We can’t let that happen. President Trump has been a leader in creating bipartisan consensus that the U.S. needs to compete more vigorously with China, and we look forward to working with his administration and the Republican Congress to design effective and cost-efficient policies towards this goal.’

Fox News Digital’s Nikolas Lanum, Cameron Cawthorne and Joe Schoffstall contributed to this report.

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It all comes down to this. The College Football Playoff championship game will match Ohio State and Notre Dame on Monday in Atlanta. The expansion of the field to 12 teams has been an unqualified success in producing a national champion.

The path for both teams to reach the final has been different. The Buckeyes rolled through Tennessee and Oregon before getting pushed by Texas in the semifinals. The Fighting Irish handled Indiana and then fought through tough games against Georgia and Penn State.

There are some intriguing storylines for the game. Both proud programs have had long waits to win a national title. It was 1988 for Notre Dame and 2012 for Ohio State. Two of the younger coaches in the Bowl Subdivision – Marcus Freeman and Ryan Day – will be facing off, and one will become just the third active coach to have a championship on their resume. It’s also the second consecutive year an SEC team will not be in the final game, showing the recent strength of teams from the North.

Who will emerge victorious Monday? Dan Wolken and Paul Myerberg offer their predictions and discuss the coaching futures of Deion Sanders at Colorado and Bill Belichick at North Carolina in this week’s version of the College Football Fix.

NO FLUKE: Why Ohio State or Notre Dame will be most deserving champion

LOOKING BACK: How our too-early Top 25 from last season panned out

VALIDATION: Ohio State, Notre Dame show benefit of playoff expansion

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Aren’t all relief pitchers just failed starters?

In Billy Wagner’s case, the answer is a definite no.

The power-packed left-hander never started a game in his major league career (though he did almost exclusively in the minors). Perhaps Wagner could have been an MLB starter … if he hadn’t been so effective out of the bullpen.

The No. 12 overall pick by the Houston Astros in 1993 out of Ferrum College in Virginia, Wagner threw exceptionally hard, especially for someone only 5-foot-10 and 180 pounds. After reaching the majors in 1996, he began dominating hitters almost immediately and quickly became the team’s closer. He earned the first of his seven All-Star nods in 1999 – when he posted a stellar 1.57 ERA with 39 saves and finished fourth in the NL Cy Young voting.

Wagner pitched in Houston for nine seasons, becoming the franchise’s all-time saves leader, before being traded to Philadelphia in 2004. He was later an All-Star with the Phillies, Mets and Braves before ending his career after the 2010 season.  

Follow every MLB game: Latest MLB scores, stats, schedules and standings.

Over his 16 years in the majors, Wagner had a 2.31 ERA, with 422 saves and 1,196 strikeouts in 903 innings. Will that be good enough to get him a ticket to Cooperstown in his final year on the BBWAA ballot?

Why Wagner belongs in the Hall 

If there’s one word that best describes Billy Wagner, it’s overpowering.

He was one of the best in baseball history at striking batters out and limiting hard contact. Among all pitchers with at least 900 major league innings, Wagner is No. 1 all-time in BOTH strikeouts (11.9) and hits allowed (6.0) per inning.

That kind of dominance made him a consistent weapon at the back end of the bullpen – particularly between 1997 and 2008, when he posted an ERA under 3.00 and at least 20 saves in 11 of those 12 seasons.

With seven All-Star appearances, Wagner matches Hall of Fame closer Trevor Hoffman. His rate stats are even better, though Hoffman had 153 more appearances and 179 more saves. In terms of WAR, Wagner (27.7) and Hoffman (28.0) are virtually identical.

The case against Wagner

The most common measuring stick for relief pitchers is the number of saves. Hall members Hoffman (601) and Mariano Rivera (652) are far and away the all-time leaders, with Wagner considerably further behind in eighth place (422) – trailing active relievers Kenley Jansen (447) and Craig Kimbrel (440) and current ballotmate Francisco Rodriguez (437).

There’s also the question of how important anyone who’s only in the game for one inning every other day really is. Does Wagner deserve to be mentioned in the same breath as Rollie Fingers, Goose Gossage and Bruce Sutter?

Lastly, Wagner doesn’t really have a signature moment that defines his career. His teams won only one of eight playoff series, and Wagner didn’t help matters much.

In 11 ⅔ postseason innings, he allowed 21 hits and 13 earned runs (10.03 ERA).

Voting trends

According to Ryan Thibodaux’s Hall of Fame Tracker, Wagner has been named on 84.7% of the ballots publicly revealed as of Jan. 16.

Wagner has seen his candidacy gain significant momentum over the past few years as the extremely crowded ballots have begun to thin out and his qualifications have been more closely evaluated.  

2016: 10.5%
2017: 10.2%
2018: 11.1%
2019: 16.7%
2020: 31.7%
2021: 46.4%
2022: 51.0%
2023: 68.1%
2024: 73.8%

Realistic outlook

The leading returning vote-getter on the 2025 ballot, Wagner seems like a sure bet to gain entrance to Cooperstown in his final year of eligibility.

Although it’s taken a while for the voters to fully appreciate Wagner’s greatness, the numbers show just how dominant he was over an extended period. With only a select few true relievers in the Hall, Wagner deserves a place among the very best.

(All statistics, including WAR, courtesy of Baseball-Reference.com)

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Maverick Carter, LeBron James’ longtime business partner, has been tabbed as a consultant to a group of investors seeking to raise as much as $5 billion for an international basketball league, a person familiar with the development told USA TODAY Sports.

The person requested anonymity because he was not authorized to speak publicly about Carter’s involvement.

Bloomberg first reported the news.

The league would, according to Bloomberg, consist of six men’s teams and six women’s teams and play games at limited cities around the world.

James and his agent, Rich Paul, are not involved in this idea, another person familiar with the situation told USA TODAY Sports under the condition of anonymity so he could speak freely. James has expressed his interest in joining an NBA ownership group after he retires from playing.

Meanwhile, the NBA heads overseas next week for two games in Paris between San Antonio and Indiana on January 23 and January 25, marking Victor Wembanyama’s first NBA games in his home country.

While there, NBA commissioner Adam Silver, deputy commissioner Mark Tatum and other high-ranking league executives plan to continue discussions with European stakeholders, including FIBA, about the prospect of a new league in Europe which would include NBA involvement.

“When we were in Paris for the Olympics, we spent a lot of time meeting with interested parties there,” Silver told reporters last month at the NBA Cup final in Las Vegas. “We’ll be back in Paris in January for the two games with the Spurs and the Pacers. We’ll use that opportunity to meet with more interested groups then.

“It’s something we continue to study. It’s not only that we are not ready to make any public announcements, but we haven’t made any internal decisions yet.  I do think there continues to be an enormous opportunity to take basketball to another level in Europe. I joined the NBA shortly before the Dream Team in 1992.  People were saying the same thing coming out of the Dream Team:  what an opportunity. For whatever reasons, that dynamic in Europe, we haven’t seen a basketball league emerge, or a Champions‑type league emerge, where it’s had great fan receptivity.”

The NBA believes there is an unrealized financial opportunity.

In Paris in August, Tatum told USA TODAY Sports, “What’s the best sort of product to be able to introduce into the market that will engage fans in a meaningful way and continue to grow the sport of basketball?

Follow NBA reporter Jeff Zillgitt on social media @JeffZillgitt

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The Treasury Department announced this week that it had recouped more than $31 million in fraud and improper payments to dead people during just five short months of having access to the Social Security Administration’s (SSA) federal death database. 

The Treasury Department issues billions of payments every year, including benefit payments, federally funded state-administered payments and other miscellaneous payments. Sending those funds and others by accident to people who are dead has been a long-standing problem within the federal government, according to fiscal watchdog group OpenTheBooks

In 2020, the Government Accountability Office estimated that during the first round of COVID-19 stimulus checks, $1.4 billion was sent to dead people. Across all three rounds of stimulus checks during the pandemic, nearly $3.6 billion went to dead people, according to OpenTheBooks.

The SSA is the only government agency with a database that records the deaths of U.S. citizens. In 2023, as part of an omnibus appropriations bill, Congress granted access for the Treasury Department, on a temporary basis, to have access to the database to help prevent improper payments to dead people. The temporary basis is set to expire in 2026.

‘While this should have been a no-brainer for a long time, it’s promising to see some taxpayer funds being recouped with basic communication among executive agencies,’ said John Hart, executive director of OpenTheBooks. ‘Too often the left hand just doesn’t know what the right hand is doing, and it’s resulted in trillions of dollars in improper payments.’

Hart blamed the nearly $4 billion in COVID-19 stimulus payments sent to dead people on the Internal Revenue Service’s failure to check the SSA’s death database. 

He also pointed out how, in addition to improper payments through the stimulus check program, the Small Business Administration also sent more than $3 billion more to dead people in the form of forgivable loans ‘to entities on the Treasury Department’s ‘Do Not Pay’ list.’

‘Today’s news is a step in the right direction, but there are miles to go before we break even,’ Hart said.

After news of the recovered payments was announced, Fiscal Assistant Secretary David Lebryk noted that the results were ‘just the tip of the iceberg.’

‘Congress granting permanent access to the Full Death Master File will significantly reduce fraud, improve program integrity, and better safeguard taxpayer dollars,’ he said. 

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Former President Obama wished his wife Michelle Obama a happy birthday on Friday, calling her ‘the love of my life.’ 

The former first lady, who turned 61, has largely avoided being out in public in recent weeks. She will not attend President-elect Trump’s inauguration on Monday, and was not seen at former President Jimmy Carter’s funeral last week. 

To commemorate her birthday, the former president shared a tribute to his wife on Instagram, writing, ‘You fill every room with warmth, wisdom, humor, and grace – and you look good doing it. I’m so lucky to be able to take on life’s adventures with you. Love you!’

Michelle later shared the post on X and captioned it, ‘Love you, honey!’ followed with a heart emoji and an emoji of a face blowing a kiss. 

Sources reportedly close to Michelle told People that the former first lady intends to skip Trump’s inauguration because she cannot contain her disdain for the Republican president-elect.

The former first lady repeatedly took jabs at Trump while on the campaign trail for Vice President Kamala Harris and during her speeches at the Democratic National Convention in August. In one speech at the DNC, she accused Trump of spreading ‘racist lies’ and opposing her husband’s political career because of his race.

Though she is often floated as a choice of Democratic candidate for president, the source emphasized that the former first lady also has no interest in being a public figure now that her public service has ended.

While Michelle will not be in attendance at Trump’s inauguration, former President Obama is scheduled to attend Monday’s inauguration along with former Presidents Bill Clinton, George W. Bush and their spouses.

Unconfirmed rumors swirled late last year that the Obamas’ marriage was on the rocks and that former President Obama had been involved in a romantic affair with actress Jennifer Aniston.

Aniston emphatically denied the rumors, telling late-night host Jimmy Kimmel, ‘That is absolutely untrue. … I know Michelle more than him.’ 

When reached for comment at the time, an Obama representative told Fox News Digital, ‘Stop.’ 

Fox News Digital’s Kristine Parks and Caroline Thayer contributed to this report.

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Texas Attorney General Ken Paxton is leading 22 other attorneys general in suing the Environmental Protection Agency (EPA) over a new rule that would fine the oil and natural gas sector for methane emissions that exceed a certain level. 

The GOP states are alleging the new rule, which was established in President Biden’s Inflation Reduction Act, is ‘arbitrary, capricious, [and] an abuse of discretion.’ The complaint against the EPA is scant on details, other than asserting the new rule is ‘unlawful’ because ‘the final rule exceeds the agency’s statutory authority.’ 

While the Supreme Court has articulated a very narrow authority on how Congress can delegate its legislative power, Steve Milloy, former Trump administration EPA transition adviser and senior fellow at the Energy and Environmental Legal Institute, said it is unclear to him how the EPA’s rule circumvents Congress. 

‘The IRA clearly says EPA is to levy a tax and prescribes the tax rate,’ Milloy told Fox News Digital, pointing to the section of the IRA’s ‘Waste Emissions Charge’ that sets a threshold for methane emissions at 25,000 metric tons. ‘I will be interested to see how the states support their claims.’ 

Nonetheless, Milloy is against the new fee on the oil and gas sector, noting methane is an ‘irrelevant greenhouse gas.’

‘The tax is pointless and will accomplish nothing except to make oil and natural gas more expensive,’ he said.

Milloy suggested the move to sue in the final days of the Biden administration is to start the process for the plaintiffs to settle with the Trump administration. According to him, this is a tactic that has been used by both sides of the green energy debate. He added that in the past, the Trump administration has sought to get rid of ‘sue and settle’ tactics.

‘Congress needs to change the law,’ Milloy said. ‘Because, let’s say that they sue and settle, well, the next administration can come back and undo it.’

Meanwhile, another forthcoming lawsuit from the Michigan Oil and Gas Association (MOGA) and the American Free Enterprise Chamber of Commerce (AMFree) has also asserted that the new rule circumvents Congress, but provided details explaining why.

‘Under Subpart W, facilities in the natural gas and petroleum supply chains must report greenhouse gas emissions if they emit 25,000 metric tons or more of carbon-dioxide-equivalent emissions each year,’ the second lawsuit explains. ‘For gases other than carbon dioxide, ‘equivalent’ emissions are determined by multiplying emissions by the gas’s ‘global warming potential’ (‘GWP’).’ 

Michael Buschbacher, a partner at Boyden Gray PLLC, which is representing MOGA and AmFree in their lawsuit, agreed with Milloy that it will take legislation to reverse the new methane rule, but said the purpose of their legal filings is ‘to get the most onerous mandates off the books, so the American energy industry can begin its march back to dominance under the new administration.’

‘The Biden-era environmental regulations aren’t going to magically vanish at 12:01 on Monday. It’s going to take time and legislation to unwind the mess that he has left behind,’ Buschbacher said.

The EPA declined to comment on the matter, citing the pending nature of the litigation.

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The members of the Republican National Committee, in a vote that was never in doubt, on Friday re-elected chair Michael Whatley to continue steering the national party committee. 

‘This organization has got to be the tip of the spear. And as your chairman, I promise this organization will be the tip of the spear to protect Donald Trump,’ Whatley said, as he spoke after the unanimous voice vote at the RNC’s annual meeting, which was held this year in the nation’s capital ahead of Monday’s inauguration of President-elect Trump. 

Whatley, a longtime Trump ally and a major supporter of Trump’s election integrity efforts, who was serving as RNC general counsel and chair of the North Carolina Republican Party, was named by Trump last March as chair as the former president clinched the 2024 GOP presidential nomination. Whatley succeeded longtime RNC chair Ronna McDaniel, whom Trump no longer supported.

In an exclusive interview with Fox News Digital on the sidelines of the RNC’s winter meeting, Whatley says his job going forward in the 2025 elections and 2026 midterms is straight forward.

‘It’s really critical for us to make sure that the Trump voters become Republican voters,’ Whatley told Fox News Digital on the sidelines of the RNC’s winter meeting, which is being held in the nation’s capital.

Republicans enjoyed major victories in November’s elections, with Trump defeating Vice President Kamala Harris to win back the White House, the GOP flipping control of the Senate from the Democrats, and holding on to their razor-thin majority in the House.

Whatley, who was interviewed on Thursday on the eve of the formal RNC chair vote, said the GOP needs ‘to cement those gains’ made in the 2024 elections.

‘We’re going to go right back to the building blocks that we had during this election cycle, which is to get out the vote and protect the ballot,’ Whatley emphasized. 

The RNC chair pointed to ‘the lessons that we learned’ in the 2024 cycle ‘about going after low propensity voters, about making sure that we’re reaching out to every voter and bringing in new communities,’ which he said helped Republicans make ‘historic gains among African American voters, among Asian American voters, among Hispanic voters, young voters and women voters.’

Speaking a couple of days before the president-elect’s inauguration, Whatley emphasized that once Trump’s in the White House, ‘we’re going to go right back to the RNC. We’re going to roll up our sleeves and get to work. We’ve got a couple of governor’s races…that we’re going to be working on in ‘25.’

But Whatley said ‘everything is focused on ‘26,’ when the party will be defending its majorities in the House and Senate, ‘because that is going to determine, from an agenda perspective, whether we have two years to work with or four. And America needs us to have a four-year agenda.’

‘What we’re going to be doing is making sure that we are registering voters,’ he said. ‘We’re going to be…communicating with the folks that we need to turn out.’

Pointing to the 2024 presidential election, Whatley said ‘it’s the same fundamentals.’

But he noted that ‘it’s not just seven battleground states’ and that the 2026 contests are ‘definitely going to be a very intense midterm election cycle.’

While Democrats would disagree, Whatley described today’s GOP as ‘a common sense party… this is a party that’s going to fight for every American family and for every American community.’

Referring to former Democrats Robert F. Kennedy, Jr. and former Rep. Tulsi Gabbard, whom Trump has nominated to serve in his second administration’s cabinet, Whatley touted ‘the fact that we have two former Democratic presidential candidates who are going to be serving in the president’s cabinet. That shows you that this is a commonsense agenda, a commonsense team, that we’re going to be moving forward with.’

In December, Trump asked Whatley to continue during the 2026 cycle as RNC chair.

‘I think we will be able to talk when we need to talk,’ Whatley said when asked if his lines of communication with Trump will be limited now that the president-elect is returning to the White House. ‘We’re going to support the president and his agenda. That does not change. What changes is his ability from the White House to actually implement the agenda that he’s been campaigning on.’

The winter meeting included the last appearance at the RNC by co-chair Lara Trump. The president-elect’s daughter-in-law is stepping down from her post.

She stressed that it’s crucial the RNC takes ‘the opportunity the voters have given us’ to ‘continue to expand the Republican brand.’

The elder Trump is term-limited and won’t be able to seek election again in 2028. Vice President-elect JD Vance will likely be considered the front-runner for the 2028 GOP nomination.

Whatley reiterated what he told Fox News Digital in December — that the RNC will stay neutral in the next race for the GOP nomination and that the party’s ‘got an amazing bench.’

‘You think about the talent on the Republican side of the aisle right now, our governors, our senators, our members of Congress, people that are going to be serving in this administration. I love the fact that the Republican Party is going to be set up to have a fantastic candidate going into ’28,’ he highlighted.

Unlike the DNC, which in the 2024 cycle upended the traditional presidential nominating calendar, the RNC made no major changes to their primary lineup, and kept the Iowa caucuses and the New Hampshire primary as their first two contests.

Asked about the 2028 calendar, Whatley reiterated to Fox News that ‘I have not had any conversations with anybody who wants to change the calendar, so we will wait and see what that looks like as we’re going forward. We’re at the RNC meetings this week and having a number of conversations with folks, but that is not a huge push.’

‘I don’t think that changing the calendar really helped the Democrats at all,’ Whatley argued. ‘And I think that us, making sure that we are working our system the way that we always have, is going to be critical.’

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As advancements in medical technology continue to shape the healthcare landscape, DexCom, Inc. (DXCM) stands out with its innovative continuous glucose monitoring solutions. Recent price action suggests that DXCM’s stock price has triggered a potentially new bullish run. In this article, I will examine the technical and fundamental factors behind this positive outlook and outline a risk-defined options strategy — all identified via the OptionsPlay Strategy Center within StockCharts.com.

After consolidating between $75 and $80 over the past two months, DXCM’s stock price recently broke out of this trading range with impressive relative strength.

Range Breakout. The stock’s breakout above $80 marks a decisive breakout from its consolidation zone.Outperformance. The breakout has been coupled with outperformance to the S&P 500.Upside Target. Given the breakout, there is potential for DXCM’s stock price to fill the gap up to the $107.50 level.

FIGURE 1. DAILY CHART OF DXCM STOCK. The stock price traded between $75 and $80 since the end of November. DXCM recently broke out of its consolidation zone and traded above $80.Chart source: StockCharts.com. For educational purposes.

Beyond the charts, DXCM’s fundamentals support its premium valuation:

Premium but justified. While trading at 39x forward earnings, DXCM’s superior growth expectations and higher net margins than peers suggest that this valuation is justified.Potential for substantial upside. Robust demand in the continuous glucose monitoring market and DexCom’s leadership position the company to capitalize on ongoing trends. The combination of strong growth prospects and healthy margins provides the potential for further appreciation.

Options Strategy

Based on this bullish thesis, the OptionsPlay Strategy Center highlights a bull put spread.

Sell: February 28, 2025, $84 Put at $5.40Buy: February 28, 2025, $77 Put at $2.42Net Credit: $2.98 per share (or $298 total per contract, since each contract represents 100 shares)

FIGURE 2. DXCM BULL PUT SPREAD RISK CURVE.

Trade Details

Maximum Potential Reward: $298Maximum Potential Risk: $402Breakeven Point: $81.02Probability of Profit: 58.58%

This strategy benefits from time decay and a bullish outlook, providing limited risk and a defined reward. At expiration, profits are earned if DXCM’s stock price remains above the breakeven level.

Unlock Real-Time Trade Ideas

This bullish trade in DXCM was identified using the OptionsPlay Strategy Center within StockCharts.com. The platform’s Bullish Outperform scan (see below) automatically flagged DXCM as the best candidate for selling a Bull Put Spread out of the many stocks currently outperforming the market, then structured the optimal options trade — helping you save hours of research.

FIGURE 3. BULLISH OUTPERFORMANCE SCAN. DXCM was identified as a candidate for a bull put spread.

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 Automated Market Scans. Quickly discover high-probability trading opportunities based on technical and fundamental signals.Optimal Trade Structuring. Receive tailored, real-time options strategies for your market outlook and risk tolerance.Time-Saving Insights. Make informed decisions faster, avoiding the time-consuming process of manual analysis.

Don’t miss out on your next high-conviction idea. Subscribe to the OptionsPlay Strategy Center today and unlock a streamlined approach to uncovering the best options trades—all within seconds, every single day. Let OptionsPlay be your strategic ally in navigating the markets efficiently and effectively.

Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday.

The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The SEC order found that the change spurred redemptions as Vanguard customers moved from other target date funds into the institutional versions, creating taxable distributions for some of the remaining shareholders. The SEC said Vanguard failed to properly disclose the potential impact of the investment threshold changes on distributions.

“The order finds that, as a result, retail investors of the Investor TRFs who did not switch and continued to hold their fund shares in taxable accounts faced historically larger capital gains distributions and tax liabilities and were deprived of the potential compounding growth of their investments,” the SEC said in a press release.

The fine of $106.41 million will be distributed to harmed investors, the SEC said. Vanguard agreed to the fine without admitting or denying the SEC’s findings.

Vanguard is one of the world’s largest asset managers, reporting more than $10 trillion of global assets as of last November. The firm was founded by Jack Bogle in the 1970s and has a reputation as a low-cost, investor friendly firm.

“Vanguard is committed to supporting the more than 50 million everyday investors and retirement savers who entrust us with their savings. We’re pleased to have reached this settlement and look forward to continuing to serve our investors with world-class investment options,” Vanguard said in a statement.

Target date funds are a popular retirement vehicle designed to slowly shift from a growth-oriented portfolio to a conservative portfolio as the listed year approaches. Typically, this is done by replacing riskier stocks with higher exposure to income-generating bonds as the retirement date nears.

The fine highlights how investors can see large tax bills even when they themselves do not make any asset sales during a calendar year. When Vanguard dropped the minimum initial investment for its institutional target retirement funds to $5 million from $100 million in December 2020, it spurred retirement plan investors to cash out of the investor share class of these funds and swap into the institutional version, according to the SEC.

Vanguard then had to sell the underlying assets in the investor share class of the funds to meet the redemptions from departing investors, the SEC found. As a result, shareholders who stayed in the investor share class were subject to a large capital gains distribution — and a tax liability if they held the fund in a taxable brokerage account, according to the order.

Normally, target date funds remain in tax-deferred accounts like 401(k) plans or individual retirement accounts — which would avoid a tax hit from a large capital gains distribution.

The SEC’s order said Vanguard’s investor-series target funds saw $130 billion in redemptions from December 2020 to October 2021, up from $41 billion in the same period a year prior. Vanguard later merged the two series of funds together, which the SEC order said the company refrained from doing originally in part to preserve fee revenue.

The fine announced Friday is in addition to the $40 million Vanguard had agreed to pay to investors as part of a class action suit.

The timing of the target date fund changes is similar to another recent Vanguard legal run-in. In 2023, Vanguard was fined $800,000 by the Financial Industry Regulatory Authority related to problems with account statements for money market funds in 2019 and 2020.

The alleged violations took place under former CEO Tim Buckley. The current CEO, Salim Ramji, joined Vanguard from BlackRock in 2024.

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