Dec 14, 2018

Chris Christie tells Trump he doesn't want to be chief of staff

Photo: Jim Watson/AFP/Getty Images.

Chris Christie said Friday that he told President Trump he doesn't want to be considered to replace John Kelly as White House chief of staff, per the New York Times' Maggie Haberman, who obtained a copy of his statement.

“It’s an honor to have the president consider me as he looks to choose a new White House chief-of-staff. However, I’ve told the president that now is not the right time for me or my family to undertake this serious assignment. As a result, I have asked not to be considered for this post.”
— Chris Christie

The backdrop: President Trump, who considered Christie a top contender to replace John Kelly as chief of staff, discussed the job with Christie Thursday night, a source familiar with the president’s thinking told Axios' Jonathan Swan.

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Bob Iger to step down as CEO of Disney

Photo: Jeff Kravitz/FilmMagic

The Walt Disney Company said Tuesday that it had named longtime Disney executive Bob Chapek as CEO Bob Iger's successor, effectively immediately. Iger will remain executive chairman of the company through 2021.

Why it matters: Iger is credited with having successfully turned around Disney’s animation and studio businesses and with the strategic acquisition of Marvel, Pixar, Lucasfilm and 21st Century Fox. Most recently, he was the person behind Disney's successful launch of its Netflix rival Disney+.

Go deeperArrowUpdated 28 mins ago - Economy & Business

India gives Trump warm welcome as brutal protests rip New Delhi apart

People supporting India's new citizenship law beat a Muslim man in New Delhi, India. Photo: Danish Siddiqui/TPX/Reuters

While President Trump enjoys a hero's welcome in India, that nation's capital is being torn apart by violent protests between Hindus and Muslims.

The state of play: At least 186 people — 56 police officers and 130 protesters — have been injured and 10 killed in recent clashes, a New Delhi police spokesperson told the AP.

Go deeperArrow1 hour ago - World

Wall Street sees 2nd day of brutal sell-off

Photo: Johannes Eisele/AF via Getty Images

The stock market fell another 3% on Tuesday, following Monday’s sell-off. Bond yields touched record lows.

The big picture: Stocks continued to fall as the CDC said it expects the coronavirus to spread in the U.S. The Dow and S&P are more than 7% below the record highs seen earlier this month.