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President-elect Joe Biden has picked an experienced but not widely known state regulator, Michael Regan of North Carolina, to lead the Environmental Protection Agency. Regan is head of North Carolina’s environmental agency. He was one of several contenders whose name emerged only in recent days. Biden’s pick was confirmed Thursday by a person familiar with the selection process who was not authorized the discuss the matter publicly before the official announcement and spoke on condition of anonymity.According to the Washington Post, if confirmed, Regan would be the first Black man to run the agency. 614

RABBIT HASH, Ky. - It was the ultimutt pawlitical showdown, but one dog proved he was the most pupular pooch in Rabbit Hash, Kentucky.Wilbur, a french bulldog, won the race for mayor Tuesday night with 13,143 votes, unseating incumbent Brynneth Pawltro.Second and third-place finishers, Jack Rabbit, the beagle, and Poppy, the golden retriever, respectively, will both be Rabbit Hash Ambassadors. Lady Stone will continue to be a Rabbit Hash Ambassador as well.Since 1998, the mayor of Rabbit Hash has been a dog. Rabbit Hash’s canine mayors don’t make legislative decisions for the town, which is owned by the Rabbit Hash Historical Society, but their elections raise money to keep the town’s historic buildings in good condition.This story was first reported by Zach McAuliffe at WCPO in Cincinnati, Ohio. 815

President Donald Trump tweeted for the first time in nearly 18 hours after he announced early Friday morning that he was diagnosed with the coronavirus. The tweet was posted as Trump arrived at Walter Reed Hospital Friday evening. Trump was moved from the White House to the hospital via Marine One.The usually highly active Twitter account has gone silent as Trump has battled symptoms of the coronavirus from the White House residence. Trump and first lady Melania Trump have been isolated today following his diagnosis.“I want to thank everybody for the tremendous support,” Trump said in the tweet. “I am going to Walter Reed Hospital. I think I am doing very well. But we are going to make sure that things works out. The first lady is doing very well. Thank you very much. I appreciate it. I will never forget. Thank you.” 836

President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519

President Donald Trump, facing a drastically revised death toll in Puerto Rico a year after dual hurricanes devastated the island, offered a still-rosy outlook of his administration's handling of the disaster on Wednesday."I think we did a fantastic job in Puerto Rico," Trump told CNN's Jim Acosta during an exchange with reporters at the White House. "We're still helping Puerto Rico."It was an optimistic accounting of his administration's handling of the natural disaster, which left much of the US territory without power for months and resulted in thousands of deaths.The island's governor formally raised the death toll from 64 to 2,975 on Tuesday following a study conducted by researchers at George Washington University.The study accounted for Puerto Ricans who succumbed to the stifling heat and other after-effects of the storm and were not previously counted in official figures.Trump has trumpeted his handling of the storm's aftermath, including saying in the days afterward the storm had resulted in a relatively small number of deaths compared to a "real catastrophe like Katrina." Hurricane Katrina, which devastated parts of Louisiana in 2005, killed roughly 1,200.He also awarded himself a "10 out of 10" on disaster recovery efforts during an Oval Office meeting last year with Puerto Rico's governor."Did we do a great job?" he asked his guest.Through it all, Trump has maintained that Puerto Rico's languishing infrastructure and geography hampered efforts. He said on Wednesday an outdated electric grid and the territory's status as an island continued to the difficulty."Puerto Rico was actually more difficult because of the fact it was an island," he said. "It's much harder to get things on the island."Trump has come under stiff criticism for his handling of the disaster, principally from Carmen Yulín Cruz, the mayor of Puerto Rico's capital city San Juan."The administration killed the Puerto Ricans with neglect. The Trump administration led us to believe they were helping when they weren't up to par, and they didn't allow other countries to help us," Yulín Cruz said on CNN Wednesday, later adding, "Shame on President Trump. Shame on President Trump for not even once, not even yesterday, just saying, 'Look, I grieve with the people of Puerto Rico.'"Trump did not respond directly to his critics Wednesday, instead saying he hoped the island doesn't suffer a similar fate this year."I only hope they don't get hit again because they were hit by two in a row," Trump said.Trump's comments were reminiscent of former President George W. Bush's comments days after Hurricane Katrina made landfall in Louisiana, when Bush praised his FEMA director Michael Brown during his first visit to the region affected by Hurricane Katrina in 2005."Brownie, you're doing a heck of a job," Bush said then.Trump's comments on Wednesday were not the first time he has praised the federal response in Puerto Rico. And while the death toll was not known when he voiced some of his earlier praise, they did come as disaster relief experts and local officials sounded the alarm about the slow pace of the federal response."Every death is a horror -- but if you look at a real catastrophe, like Katrina, and you look at the tremendous hundreds and hundreds and hundreds of people that died, and you look at what happened here with, really, a storm that was just totally overpowering -- nobody has ever seen anything like this," Trump said in Puerto Rico less than two weeks after Maria struck. "Everybody around this table and everybody watching can really be very proud of what's taken place in Puerto Rico."Trump not only repeatedly praised the federal response, but he also struck out at the news media and critics who highlighted the slow pace of some of the recovery efforts and the dire conditions that much of the island continued to face for weeks and months after the hurricane made landfall.Ten days after the hurricane made landfall, Trump lambasted news reports about the troubled situation in Puerto Rico in a series of tweets."Despite the Fake News Media in conjunction with the Dems, an amazing job is being done in Puerto Rico," Trump tweeted. "The Fake News Networks are working overtime in Puerto Rico doing their best to take the spirit away from our soldiers and first R's. Shame!"In another tweet, he lashed out at San Juan's mayor, who had taken to the airwaves to raise alarm about the slow pace of recovery efforts."Such poor leadership ability by the Mayor of San Juan, and others in Puerto Rico, who are not able to get their workers to help," he tweeted. 4625

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