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Susie Wiles, the unassuming operative powering Donald Trump’s campaign

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SUSIE WILES cannot control everything. Take Donald Trump, her boss: his rants on the campaign trail, his unvetted social-media posts, his questionable guests at Mar-a-Lago. Some of these over the past three years, made her job harder. The Democrats, too, are beyond her reach—their decision to replace Joe Biden, around whom Ms Wiles had designed a campaign, scrambled her plans.

But Ms Wiles, a 67-year-old grandmother who has spent decades helping Republicans get elected in Florida, works hard to control what she can. She is level-headed, highly organised and a problem-solver. With her boxy blazers, mirrored shades and hair so blond it sometimes appears silver, she can seem severe—but is by all accounts warm and affable. She has developed a powerful network of politicians, policy types, lobbyists and reporters. The loyal staffers she has brought over to the Trump campaign are known as the “Florida mafia”.

Her success as de facto manager of Mr Trump’s campaign will depend on what voters do on November 5th. But the low-key Ms Wiles, who avoids photo ops and is reportedly quick to give others credit, has already achieved a lot. Mr Trump left the White House in 2021 as a political pariah. He is on the verge of a triumphant return.

She has acknowledged to Politico that she sees similarities between the former president and her late father, Pat Summerall, an American-football player, who became a famous sports broadcaster, and an alcoholic. Like Mr Trump he was a very hard man to manage. Her mother ensured that the home functioned well in spite of him, before finally convincing him to get treatment.

Ms Wiles grew up prosperous in New Jersey, playing tennis and basketball. She got her start in politics by working for Jack Kemp, a Republican congressman from New York who had been her father’s teammate. She worked for Ronald Reagan, on his presidential campaign and in the White House, and in 1985 moved to Florida with her then husband.

Ms Wiles started a political-consulting firm in Jacksonville and raised two daughters. She worked for three Republican mayors and developed a reputation as a smart, pragmatic and well-connected operative. She helped an unknown businessman named Rick Scott win the governorship (he is now in the Senate). She seems to be motivated more by the challenge of winning a campaign than by ideology. None of her previous bosses, however, has been as challenging as Mr Trump.

Florida was a swing state in 2016, considered by some a bellwether. Mr Trump cold-called her to head up his operation in Florida, where he lived part-time at Mar-a-Lago, his resort in Palm Beach. “As a card-carrying member of the [GOP] establishment, many thought my full-throated endorsement of the Trump candidacy was ill-advised—even crazy,” Ms. Wiles told the New York Times in 2016. After a polling dip he nearly fired her that autumn (a dressing down reportedly delivered while he was eating a steak at Mar-a-Lago), but she insisted she could deliver.

As Florida went, so went the country—for Mr Trump. Ms Wiles then worked for Ron DeSantis, a little-known congressman whose bid for governor was salvaged when Mr Trump endorsed him. He won, but made the unwise decision to cut ties with her. She helped Mr Trump win Florida in the 2020 election, though he lost the presidency. After his defeat, and the January 6th Capitol riot, it was far from certain that he would run again. But in early 2021, when few others would have taken the gamble, she agreed to join the board of a fund-raising committee he was setting up to channel money to midterm races. Within weeks she took control of a chaotic post-White House operation, which was endorsing down-ballot Republican candidates, covering Mr Trump’s allies’ legal fees and charting the ex-president’s next steps. .

By November 2022 he had declared he would run again. Ms Wiles and Chris LaCivita, her campaign co-manager (though in practice not her equal), developed a strategy that would play to their candidate’s strengths. At first Mr DeSantis, who aspired to be the Republicans’ presidential candidate, had more money and a bigger operation in Iowa, where the first Republican primary takes place. So rather than knock on endless doors, they used a lean, targeted plan to identify Trump fans who might not even be registered to vote. They won Iowa in a landslide. In the general election they pushed—successfully, according to poll numbers from July—an utterly simple narrative: Mr Biden was weak, and Mr Trump was strong. They similarly pushed for a bare-bones party platform—no more “textbook-long” treatises, they wrote. The resulting 16-page document bore Mr Trump’s signature policy proposals, rendered in his style (“We are a Nation in SERIOUS DECLINE”).

Ms Wiles has claimed to have convinced her boss to do some practical things: for example, urge his supporters to vote by mail and tone down the stolen-election comments. In reality he remains paranoid about election integrity, cannot help but insist that he won in 2020 and has never stayed “disciplined” for long. But his message still resonates, his delivery still thrills, his character flaws still leave many Republicans undeterred and either enthusiastic supporters or ready to hold their noses and vote for him. If enough of them do, Ms Wiles might be heading for an even harder Trump-management job. He may well offer her the job of White House chief of staff.

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Economics

Job openings jumped and hiring slumped in October, key labor report for the Fed shows

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October job openings data beats expectations while new hires fall monthly

Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.

Job openings totaled 7.74 million on the month, up 372,000 from September and more than the Dow Jones estimate for 7.5 million, the BLS said in its Job Openings and Labor Turnover Survey. The rate of openings as a share of the labor force rose to 4.6% from 4.4%.

That brought the ratio of available positions to unemployment workers up to 1.1, about half of where it was during the peak of a massive gap between supply and demand in 2022.

Hiring also tailed off at a time when the labor market was disrupted by violent storms in the Southeast as well as two major labor strikes involving dock workers and Boeing. Hires totaled 5.31 million, down 269,000 on the month, lowering the hiring rate to 3.3%. That’s also a decline of 0.2 percentage point.

Layoffs, though, fell to 1.63 million, a decrease of 169,000 from September.

The data comes for a month in which the BLS reported nonfarm payroll growth of just 12,000, the worst month since December 2020.

The Federal Reserve watches the JOLTS report closely for signs of tightness or slack in the labor market. Markets expect the Fed to lower its benchmark borrowing rate by a quarter percentage point when it meets later this month, in part an effort to head off any potential weakness in the labor market.

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Economics

Fed’s Waller ‘leaning toward’ a rate cut, but worries about inflation

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Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City, U.S. November 12, 2024. 

Brendan Mcdermid | Reuters

Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.

“Based on the economic data in hand today and forecasts that show that inflation will continue on its downward path to 2 percent over the medium term, at present I lean toward supporting a cut to the policy rate at our December meeting,” Waller said in remarks before a monetary policy forum in Washington.

However, he noted that the “decision will depend on whether data that we will receive before then surprises to the upside and alters my forecast for the path of inflation.”

Waller cited recent data indicating that progress on inflation may be “stalling.”

In October, the Fed’s preferred inflation indicator, the personal consumption expenditures price index, showed headline inflation moving up to 2.3% annually and core prices, which exclude the cost of food and energy, moving up to 2.8%. The Fed targets a 2% rate.

Though the data was in line with Wall Street expectations, it showed an increase from the prior month and was evidence that despite the progress, the central bank’s goal has proved elusive.

“Overall, I feel like an MMA fighter who keeps getting inflation in a choke hold, waiting for it to tap out yet it keeps slipping out of my grasp at the last minute,” Waller said, referring to mixed martial arts. “But let me assure you that submission is inevitable — inflation isn’t getting out of the octagon.”

Markets expect the Fed to lop another quarter percentage point off its benchmark overnight borrowing rate when it meets Dec. 17-18. That would follow a half-point cut in September and a quarter-point reduction in November.

“As of today, I am leaning toward continuing the work we have started in returning monetary policy to a more neutral setting,” Waller said.

Waller said he will watch incoming employment and inflation data closely. The Bureau of Labor Statistics this week will release reports on job openings and nonfarm payrolls, the latter coming after gains in October came in at a paltry 12,000, due largely to labor strikes and weather issues.

Even with the slowing progress on inflation, Waller said broader economic health has him feeling like it will be appropriate to continue to ease monetary policy.

“After we cut by 75 basis points, I believe the evidence is strong that policy continues to be significantly restrictive and that cutting again will only mean that we aren’t pressing on the brake pedal quite as hard,” he said.

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Economics

A big transgender-rights case heads to America’s Supreme Court

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A case to be heard by the Supreme Court on December 4th is set to reignite debate about one of the election’s most controversial issues: the rights of transgender people, and specifically the medical transitioning of minors. In 2023, Tennessee enacted Senate Bill 1 (SB1), which bans puberty blockers, cross-sex hormones and surgery for minors who identify as trans. It is one of 26 states that have done so. Now, in United States v Skrmetti, the federal government, supported by the American Civil Liberties Union (ACLU), is suing Tennessee on behalf of the parents of three teenagers, claiming the ban violates the equal-protection clause of the constitution’s 14th Amendment.

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