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    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
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    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
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    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
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    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
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    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
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    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.

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      Latest: Bondi, Ratcliffe, Rubio, Wright, Duffy appear for Senate confirmation hearings

      January 16, 2025

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      Washington, Jan 15 (AP) Senate hearings are scheduled this week for several of Trump's picks for the Cabinet. Many nominees have met with senators individually. Now, they'll go before the committees overseeing the agencies Trump wants them to run.

      Here's the latest: Bondi refuses to answer whether she would seek to prosecute Justice Department special counsel Jack Smith Bondi refused to answer whether she would seek to prosecute Justice Department special counsel Jack Smith, who charged the president-elect with federal crimes in two separate criminal cases.

      Bondi said she would not “answer hypotheticals,” adding: “No one has been prejudged".

      Smith has long been the target of Trump's fury over the cases accusing the Republican of conspiring to overturn his 2020 election loss and hoarding classified documents at his Mar-a-Lago estate. Smith abandoned the two cases against Trump in November, citing the Justice Department policy not to prosecute sitting presidents.

      Democrats have raised concerns about a Fox News appearance in 2023 in which Bondi said: “The prosecutors will be prosecuted - the bad ones.” Wright stands by statement that he believes wildfires are just hype California Sen. Alex Padilla asked Chris Wright if he still believes “wildfires are just hype” since two massive blazes in Southern California have killed at least 25 people and destroyed thousands of homes.

      “You've written that the hype over wildfires is just hype to justify more impoverishment from bad government policies,” Padilla said. “And given the devastation that we're currently experiencing in Los Angeles, do you still believe that wildfires are just hype?” Wright, Trump's energy secretary nominee, said he stood by his past comments. He then said climate change is real before Padilla cut him off.

      Padilla said, “tell that to the families of the more than two dozen lost in these fires and counting”.

      Scientists say climate change means more frequent and intense wildfires, with drought-like conditions in the western United States more likely.

      Protestors interrupted Wright's confirmation hearing multiple times, one yelling that “LA is burning” and another shouting “I'm 18 years old and I want a future!” Rubio says the president has option to use military force to stop Mexican drug cartels at the border Trump's secretary of state nominee, Marco Rubio, carefully navigated a GOP question about whether he would support the use of military force on the southern border to stop Mexican drug cartels.

      “That's an option the president has at his disposal. Obviously, it's not one that is in the purview of the Department of State,” Rubio said in response to a question from GOP Sen. Dave McCormick.

      He added that there's a lot the US can do “in close partnership with our allies in Mexico” to “confront this challenge”.

      Bondi evades question asking if she characterises January 6 rioters as hostages and patriots When asked whether she agrees with Trump's characterisation of the January 6 rioters as “hostages” and “patriots", Bondi said she was not familiar with those comments, which the president-elect made repeatedly on the campaign trail.

      When pressed again on that question, Bondi repeated she was not familiar with it. Trump made a central part of his campaign an effort to rewrite the history of the January 6 attack and downplay the violence that left more than 100 police officers injured.

      Bondi dodges question on whether she'd uphold TikTok ban Asked by Sen. Richard Blumenthal, D-Conn., about whether she'd enforce a ban on the social media platform TikTok, Trump's pick for attorney general, Pam Bondi, declined to answer.

      “That's pending litigation,” Bondi replied.

      TikTok's parent company is in litigation before the Supreme Court over whether a law passed by Congress in a bipartisan vote and signed by President Joe Biden will be upheld. The company has said that it would shutdown in the US on January 19 to comply with the law.

      President-elect Donald Trump was critical of the social media app in the past but has recently made comments that are sceptical of a ban.

      Rubio argues US must rebuild industrial base to reduce dependence on Chinese goods To compete with China, Rubio argued that the efforts must start at home to rebuild its industrial base and to reduce US dependence on Chinese goods and industrial supply chains. He urged action at home, or the US could “wind up living in a world where much of what we depend on for our security, our health, our safety, and our economic prosperity, we're largely depend on whether the Chinese allow us to have it or not".

      He signalled during the hearing that he would align with the president-elect not to restrict US investments overseas, calling it “a pretty unfair relationship” if US companies are restricted but the Chinese competitors are not.

      Duffy says US is falling behind in the race to develop self-driving, autonomous vehicles Sean Duffy says that the US risks falling behind other countries in the race to develop self-driving, autonomous vehicles if the federal government doesn't come up with rules over the technology, leaving that up to the states as is currently the situation.

      “Without clear rules , or a patchwork of rules state by state, we put ourselves behind those countries that allow innovators” to develop the technology, said Duffy, Trump's pick for transportation secretary.

      Chinese automakers in particular are threatening US automakers in the field of autonomous vehicles. Elon Musk's Tesla and other automakers are hoping the Trump administration will develop rules on a federal level to help speed development of the technology.

      Rubio says he's hopeful a ceasefire deal between Israel and Hamas can be concluded quickly And he said Gaza's post-conflict future will require international cooperation to succeed.

      Rubio, Trump's nominee for secretary of state, also told the Senate Foreign Relations Committee he believed there are now opportunities for broader stability in the Middle East with recent developments in Lebanon and Syria.

      “I am hopeful that there is an agreement in place that will bring hostages back immediately,” Rubio said of potential for a Gaza agreement negotiators continue to hash out in Qatar.

      He said both the Biden administration and the incoming Trump administration should share credit for an eventual deal. “Credit to both the Biden administration and the Trump transition working side-by-side on helping this become about and I hope that comes about,” he said.

      On the region more broadly, Rubio said “there are opportunities available now in the Middle East that did not exist 90 days ago”.

      He referred to a ceasefire agreement between Israel and Hezbollah in Lebanon and the ouster of President Bashar Assad in Syria.

      “There are now factors at play in the Middle East that I think we can build upon and may open the door to extraordinary and historic opportunities, not just to provide for Israel's security, but ultimately begin to confront some of these other factors,” he said.

      “But these things, again, are going to be hard work, and they'll require us to take advantage of those opportunities if they exist.” Ratcliffe supports key government surveillance program that critics say violates personal privacy John Ratcliffe, President-elect Donald Trump's pick to lead the CIA, said he supports a key government surveillance program that authorities say is vital to national security but that critics have said it violates personal privacy.

      During a confirmation hearing Wednesday, Ratcliffe told members of the Senate intelligence committee that he believes the Foreign Intelligence Surveillance Act provides essential information that can be used to prevent terrorist attacks and inform critical national security decisions. He called FISA an “indispensable national security tool”.

      Ratcliffe's view puts him at odds with critics who say FISA, particularly a section known as 702, goes too far in allowing federal authorities to collect without a warrant the communications of non-Americans located outside the country.

      If those individuals are communicating with Americans, those conversations could be swept up too.

      Ratcliffe said rules in place are designed to ensure American's privacy is protected.

      “Is it perfect? No,” Ratcliffe said. “It is critical, it is indispensable.” Rubio affirmed his support for Taiwan, advocating for the porcupine' approach He said “you want to make the cost of invading Taiwan higher than the benefit”.

      China considers the self-governed island part of Chinese territory and vows to annex it by force if necessary. Rubio also during the hearing warned that China is a more formidable rival than the former Soviet Union because the country is a competitor in “every realm”, such as technology, industry, geopolitics and science.

      Would Bondi drop a criminal case if the president asked her to? Bondi didn't directly answer when asked what she would would do if the president asked her to drop a criminal case. Bondi said she didn't believe that would ever happen.

      “If I thought that would happen, I would not be sitting here today,” she said.

      She also deflected initially when asked what she would do if Trump ordered her to do something unethical or illegal. “I will never, speak on a hypothetical, especially one saying that the president would do something illegal,” she said. “What I can tell you is my duty, if confirmed, as the attorney general will be to the Constitution and the United States of America.” But when pressed again, Bondi suggested she would resign if asked to do something improper.

      “I wouldn't be a prosecutor, I wouldn't be attorney general if anyone asked me to do something improper and I felt I had to carry that out,” Bondi said. “Of course, I would not do that. That's one of the main things you learn when you're a young prosecutor is to do the right thing.” Ratcliffe promises not to politicise the CIA agency by requiring agents to show loyalty to Trump Members of the Senate intelligence committee grilled Ratcliffe during a confirmation hearing Wednesday, asking whether the nominee would hire or fire employees based on their politics.

      They also asked Ratcliffe to promise not to politicize the CIA's work by targeting Trump foes or withholding intelligence that might displease the incoming president.

      “Will you or any of your staff impose a political litmus test for CIA employees?” asked Sen. Angus King, a Maine Independent.

      “No,” Ratcliffe answered.

      There will never be an enemies list within the Department of Justice,' Bondi says Bondi has repeatedly defended Trump's pick to become FBI director, Kash Patel, touting his law enforcement experience and calling him the “right person” to run the bureau at this time.

      Lawmakers questioned Bondi about Patel's list of officials he's claimed are part of the so-called “deep state”, which critics have described as Patel's “enemies” list.

      When asked whether Bondi would “enforce” such a list, Bondi responded: “There will never be an enemies list within the Department of Justice.” Bondi vowed politics will play no part in her decisions as attorney general “I believe that the Justice Department must be independent and must act independently,” Bondi said. “The number one job is to enforce the law fairly and even handedly. And that's what will be done if I am confirmed as the attorney general.” Democrat have raised concerns about Bondi's ability to lead a Justice Department that's independent from the White House, given her longstanding political support of Trump.

      Bondi said no one is is above the law That came when she was pressed about remarks she made on TV claiming “the prosecutors will be prosecuted — the bad ones”.

      Her remarks have raised concerns among Democrats given Trump's threats to use the agency to exact revenge on his perceived political opponents. Bondi is also echoing Trump's claims that he was prosecuted by the Justice Department for political purposes.

      “They targeted Donald Trump,” launching countless investigations against him, she said. “That will not be the case if I am attorney general, I will not politicise that office.” Wright promises to implement Trump's “bold energy agenda” CEO of Denver-based Liberty Energy, Wright is Trump's pick to lead the Department of Energy. His nomination went before the Senate Committee on Energy and Natural Resources for a confirmation hearing on Wednesday.

      During the hearing, he promised to implement President-elect Donald Trump's “bold energy agenda to unleash energy security and prosperity”.

      The centrepiece of Trump's energy policy is “drill, baby, drill”, and he has pledged to dismantle what he calls Democrats' “green new scam” in favour of boosting production of fossil fuels such as oil, natural gas and coal, which cause climate change when they are burned and greenhouse gases are released.

      “President Trump shares my passion for energy,” Wright said. “And if confirmed, I will work tirelessly to implement his bold agenda as an unabashed steward for all sources of affordable, reliable and secure American energy.” Democratic Sen. John Hickenlooper called Wright an “unrestrained enthusiast for fossils fuels in almost every regard”, but noted that he studied nuclear, worked on solar energy, and is a scientist who is open to discussion.

      Wright promotes the idea that more fossil fuel production can lift people out of poverty around the globe.

      Several committee members wished him a happy birthday. Wright appeared before the committee on his 60th birthday, surrounded by family and friends.

      Rubio jokes with his colleagues At the end of his opening statement, Rubio, who said it felt “surreal” to be on the other side of the Senate panel, asked for his colleagues' support to become the next secretary of state, using a bit of humour.

      “Thank you and I hope I can earn your support, whether it's because you believe I would do a good job, or because you want to get rid of me,” the Florida Republican said.

      “Either way, the results are the same,” Sen. James Risch, the GOP chair, joked back.

      On January 6 pardons, Bondi says she'd advise Trump on a case by case basis Attorney General nominee Pam Bondi says that if she is confirmed as President-elect Donald Trump's attorney general she will advise him “on a case by case basis” regarding his pledge to pardon defendants prosecuted for their involvement in the January 6, 2021 attack on the Capitol.

      Asked by Democratic Sen. Dick Durbin of Illinois if she believes that those defendants should be pardoned, Bondi said the pardons fall under the president. She did not say if she agreed with Trump's pledge to pardon the rioters convicted of crimes related to the riot.

      The rioters were Trump supporters trying to disrupt the certification of President Joe Biden's victory. Many of them were convicted of harming police officers. “I condemn any violence on a law enforcement officer in this country,” Bondi said.

      Ratcliffe promises lawmakers he is committed to expanding the agency's work while protecting American civil liberties “I have always prioritized American civil liberties – something I will continue to do,” Ratcliffe told members of the Senate intelligence committee during a confirmation hearing on Wednesday.

      Ratcliffe said the US faces a complicated series of threats posed by adversaries such as Russia, China, Iran and North Korea. He said technologies like artificial intelligence and the internet are giving them new opportunities and that US spy agencies must innovate to meet the challenges.

      “Today we face what may be the most challenging national security environment in our nation's history,” Ratcliffe said.

      Bilingual protests At Rubio's confirmation hearing before Foreign Relations Committee, protesters in Spanish and English interrupted his opening statement, arguing about issues regarding the Middle East and Latin America.

      Rubio, who would be first Latino Secretary of State if confirmed, joked, “I get bilingual protests which is kind of cool.” Bondi asked if she can say Trump lost the 2020 election The question came from Sen. Durbin, the top Democrat on the committee Bondi said she accepts “of course, that Joe Biden is the president of the United States.” She later added: “Do I accept the results? Of course I do.” Bondi supported Trump's efforts to challenge the results of the 2020 race, travelling in the days after the election to Pennsylvania, where she claimed without providing evidence that there had been “cheating".

      Rubio says he'll place America's interest above all else Rubio promised Wednesday to implement President-elect Donald Trump's “America First” vision as secretary of state, vowing in his confirmation hearing that the incoming administration will forge a new path by placing American interests “above all else".

      “Placing our core national interests above all else is not isolationism,” Rubio told the Senate Foreign Relations Committee. “It is the commonsense realisation that a foreign policy centred on our national interest is not some outdated relic.” Sean Duffy said he will make road safety a priority Duffy reached for the personal in assuring senators he'd make road safety a priority as head of the transportation department, noting that his wife was in a car crash that could have killed her.

      “This hits close to home because my wife survived a deadly head-on car crash, which profoundly shaped her life,” said Duffy in prepared remarks to senators whom he hopes will confirm his nomination as transportation secretary.

      “If confirmed, I will prioritise road safety, ensuring lives and families aren't forever changed by preventable accidents.” Ratcliffe received an introduction from former US Attorney General John Ashcroft Ashcroft, a former Republican senator from Missouri, served as attorney general under President George W. Bush.

      Ashcroft cited Ratcliffe's work as a federal prosecutor in Texas and his work on national security issues as a Republican Congressman.

      Ashcroft, who has worked with Ratcliffe as an attorney, said the CIA nominee is “tough but fair” and focused on upholding the Constitution.

      “I've seen him speak the unvarnished truth to those he works with and those he works for,” Ashcroft said. “He understands that the intelligence community exists to secure the liberty and freedoms of Americans.” The hearing for Sean Duffy, Trump's transportation secretary pick, has begun Republican Sen. Ted Cruz, chairman of the Senate Commerce Committee, opened confirmation hearing for transportation secretary, noting someone who's likely to come up in questioning: Elon Musk.

      “Now Elon Musk has launched his car in space,” said Cruz, referring to fast changing technology the transportation secretary will oversee. “A new era in transportation and infrastructure is here.” Sean Duffy, a former Wisconsin congressman, reality TV star, and Fox News host, is hoping to take over the transportation department that will oversee highways, railroads, airspace and several Musk companies, including his Tesla electric car company.

      Ratcliffe would be the first person to lead the Office of the Director of National Intelligence and CIA John Ratcliffe, a former Republican congressman from Texas, served as director of national intelligence during Trump's first term. He's now Trump's pick to lead the CIA, the nation's premier spy agency. Ratcliffe's nomination went before the Senate Intelligence Committee for a confirmation hearing on Wednesday.

      His experience is likely to boost his chances in the Senate. Trump's pick to be the next director of national intelligence, former Congresswoman Tulsi Gabbard, faces a more challenging confirmation, as lawmakers from both parties have raised questions about 2017 visits to former Syrian President Bashar Assad, as well comments that support Russian propaganda about the war in Ukraine.

      The GOP chairman sees Trump and Rubio as a team to end the Ukraine war In his opening statements, Sen. Jim Risch, the Republican chair of the Foreign Relations committee, outlined the various objectives the new GOP majority in Washington has abroad, including ending the nearly three-year-long war between Russia and Ukraine.

      “I am confident that if anyone can end this war, it's President Trump. And Marco is the right man to help ensure it is done in a way that guarantees security and stability for Ukraine, the US, and our allies, and prevents Russia from launching another war,” the Idaho lawmaker said.

      Bondi touted her experience as Florida's attorney general That includes her efforts to combat human trafficking and opioid abuse.

      When she was the state's top prosecutor, she framed pictures of victims of the opioid crisis that she was given by grieving parents, Bondi said.

      “Fentanyl is raging through our country and I will do everything I can to fight that,” she said.

      Marco Rubio, Trump's Secretary of State pick, appears before the Senate Foreign Relations Committee The 53-year-old's nomination process is expected to be the most seamless of Trump's Cabinet picks and could be one of the few to receive near unanimous support from both sides of the aisle.

      Bondi says she'll restore confidence and integrity' to the Justice Department And she said she'll end what she described as “weaponisation” of the department. Bondi's remarks echo those of Trump and other Republicans, who claim the Justice Department has been used for political purposes under the Biden administration.

      The Justice Department brought two criminal cases against Trump, but also prosecuted President Biden's son, Hunter, on gun and tax charges.

      Like Trump, Bondi said: “I believe we are on the cusp of a New Golden age' where the Department of Justice can and will do better if I am confirmed.” Bondi says her priorities as attorney general would include prosecuting violent crime and gangs Those priorities would also include protecting the nation from terrorists and “addressing the overwhelming crisis at the border”, she said.

      “The Department of Justice must also return to defending the foundational rights of all Americans, including free speech, free exercise of religion, and the right to bear arms,” Bondi told the Senate Judiciary Committee.

      Sen. Tom Cotton says US spy agencies must do a better job of responding to terrorism As President-elect Donald Trump's pick to lead the CIA prepares to take questions from lawmakers, the new chairman of the Senate intelligence committee says America's spy agencies need to do a better job responding to growing threats of terrorism.

      Sen. Tom Cotton, R-Arkansas, said the nation's intelligence officials often work in difficult, dangerous environments with little public recognition. But he said recent events like the attack in New Orleans show they must do more to identify threats before they turn lethal.

      “In these dangerous times, our intelligence agencies haven't anticipated major events or detected impending attacks,” Cotton said. “I could give other examples but suffice it to say we're too often in the dark.... The CIA has neglected its core mission.” Cotton's comments came at the start of a confirmation hearing for John Ratcliffe, Trump's nominee for CIA director. Ratcliffe served as director of national intelligence during Trump's first term. He's a former Republican member of Congress.

      The committee's top Democrat wants to know if Bondi can tell Trump no The top Democrat on the Senate Judiciary Committee says he wants to know whether Attorney General nominee Pam Bondi will be able to tell President-elect Donald Trump “no".

      Illinois Sen. Dick Durbin says it's critical that any attorney general nominee be “committed first and foremost to the Constitution and the American people — not the president and his political agenda”.

      Durbin noted that Trump has vowed to seek retribution against “the enemy within” and threatened to prosecute or jail some of his political opponents and that Bondi, the former Florida attorney general, has echoed those calls.

      Grassley says change is desperately needed' at the Justice Department He listed a litany of complaints about the Justice Department under Attorney General Merrick Garland, including the criminal cases brought against Trump and the FBI's search of Trump's Mar-a-Lago estate.

      The Justice Department abandoned the cases against Trump in November, citing the department's policy against prosecuting sitting presidents. Grassley urged a swift confirmation of Bondi, saying her prosecutorial experience “speaks volumes about her character and her dedication to the rule of law”.

      Republican Sen. Chuck Grassley says Bondi's qualifications speak for themselves The chairman of the Senate Judiciary Committee highlighted Bondi's work as Florida attorney general, going after so-called “pill mills” and other initiatives. She became Florida's first female attorney general in 2011, serving until 2019.

      The confirmation hearing is getting underway for Trump's attorney general pick, Pam Bondi Bondi, a former Florida attorney general, corporate lobbyist and longtime fixture in Trump's orbit, is expected to face questions over her loyalty to Trump, given his threats to seek revenge on his perceived political enemies.

      Today's Cabinet confirmation schedule 9:30 a.m.: Pam Bondi, Justice Department The former Florida attorney general makes the first of two scheduled appearances before the Senate Judiciary Committee. She was Trump's pick for attorney general hours after his first choice, former Florida Rep. Matt Gaetz, withdrew from consideration. Gaetz was facing questions about a federal sex trafficking investigation and a House Ethics Committee inquiry into allegations that he paid for sex, including with a 17-year-old girl.

      Bondi is a longtime fixture in Trump's orbit. The attorney general will be one of the most closely watched Cabinet members, given the concern among Democrats that Trump will look to bend the Justice Department to his will.

      10 a.m.: Sean Duffy, Transportation Department The former Wisconsin congressman who was also a co-host on Fox Business will be questioned by the Senate Commerce, Science and Transportation Committee. The department oversees pipelines, railroads, cars, trucks, airlines and mass transit systems, as well as funding for highways.

      10 a.m.: John Ratcliffe, CIA Ratcliffe, director of national intelligence for the final months of Trump's first term, goes before the Senate Intelligence Committee. The former Texas congressman is in line to lead the nation's premier spy agency, responsible for foreign covert operations and collecting data on US adversaries.

      10 a.m.: Marco Rubio, State Department The Florida senator has served on the Senate Foreign Relations Committee, which is considering his nomination to be secretary of state. As head of the State Department, job, Rubio would oversee the US foreign service, advise Trump on diplomatic appointments and conduct negotiations with foreign leaders on behalf of the administration.

      10 a.m.: Chris Wright, Energy Department The fossil fuel executive, who has been one of the industry's loudest voices against efforts to fight climate change, appears before the Senate Energy and Natural Resources Committee.

      The secretary oversees energy generation and use in the United States as well as the nation's nuclear weapon stockpile. Wright would also join Burgum on the National Energy Council.

      1 p.m.: Russell Vought, Office of Management and Budget Vought, OMB director during Trump's first term, goes before the Senate Homeland Security and Governmental Affairs Committee.

      Vought was closely involved with Project 2025, a conservative blueprint for Trump's second term that the Republican nominee tried to distance himself from during the campaign. The budget director oversee the building of the president's budget and review of proposed regulations. (AP) PY PY

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