David Perdue
David Alfred Perdue Jr. (born December 10, 1949) is an American politician, diplomat, and businessman serving as the List of ambassadors of the United States to China, United States ambassador to China since 2025. A member of the Republican Party (United States), Republican Party, Perdue previously served as a United States Senate, United States senator for Georgia (U.S. state), Georgia from 2015 to 2021. He was an unsuccessful candidate for governor of Georgia in 2022 Georgia gubernatorial election#Republican primary, 2022. After 12 years as a management consultant, Perdue became the senior vice president for Reebok, eventually becoming CEO. He later joined Pillowtex Corporation, PillowTex, a North Carolina textile company; the company went bankrupt and folded shortly after his departure in 2003. He subsequently became CEO of Dollar General. Perdue first ran for the U.S. Senate in 2014 United States Senate election in Georgia, 2014, defeating Democratic Party (United States), ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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United States Ambassador To China
The United States ambassador to China is the chief United States diplomat to the People's Republic of China. The United States has sent diplomatic representatives to China since 1844, when Caleb Cushing, as commissioner, negotiated the Treaty of Wanghia. Commissioners represented the United States in China from 1844 to 1857. Until 1898, China did not have a system in place for the Emperor to accept the Letters of Credence of foreign representatives. From 1858 to 1935, the United States representative in China was formally Envoy Extraordinary and Minister Plenipotentiary to China. The American legation in Nanjing was upgraded to an embassy in 1935 and the Envoy was promoted to Ambassador Extraordinary and Plenipotentiary. During the republican era, the United States recognized the Beiyang Government in Beijing from 1912 to 1928 and the Nationalist Government in Nanjing (and Chongqing from 1937 to 1945) from 1928 onwards. After the Communist Party established the People's Rep ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Pillowtex Corporation
Pillowtex Corporation was a United States textile manufacturing company from 1954 to 2003. Beginning as a pillow manufacturer, the company diversified and manufactured bedsheets under various brand names. The company was officially declared bankrupt on October 7, 2003. The company liquidated over the following nine years, including machinery and brands. Origins Pillowtex was established in 1954 in Dallas, Texas, as a pillow manufacturer. Over time, Pillowtex's range of products extended to bed sheets, and mattress protectors. The company made over 10,000 products and was an industry leader in manufacturing blankets, pillows, mattress pads, and comforters. At its peak, Pillowtex operated 16 manufacturing and distribution facilities and employed over 7,650 people. Its tradenames included Beacon Manufacturing, Bigelow-Sanford, Fieldcrest Cannon, Leshner Corp. and Wiscassett Mills. Pillowtex was publicly traded on the New York Stock Exchange (NYSE) as PTX. In September 1997, Pil ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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2020 Stock Market Crash
On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. The crash ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, and remained so until 11 October 2019, when it reverted to normal. Through 2019, while some economists (including Campbell Harvey and former New York Federal Reserve economist Arturo Estrella), argued that a recession in the following year was likely, other economists (including the managing director of Wells Fargo Securities Michael Schumacher and San Francisco Federal Reserve President Mary C. Daly) argued that inverted yield curves may no longer be a reliable recession predictor. The yield curve on U.S. Treasuries would not invert again until 30 January 2020 when the World Health Organization declared the COVID-19 outbreak to be a Public Health Emergency of International Concern, four weeks after local health commission officials ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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STOCK Act
The Stop Trading on Congressional Knowledge (STOCK) Act of 2012 () is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The law prohibits the use of non-public information for private profit, including insider trading, by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions. Originally written and introduced by Washington Congressman Brian Baird, the STOCK Act gained popularity following a ''60 Minutes'' segment on congressional insider trading in 2011, after which Republican Senator Scott Brown and Democratic Senator Kirsten Gillibrand reintroduced bills to combat the practice. In February 2012, the STOCK Act passed in the Senate by a 96–3 vote; the only no votes were senators Jeff Bingaman, Richard Burr, and Tom Coburn. Later the House of Representatives passed it by a 417–2 vote. The bill was su ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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2020 Congressional Insider Trading Scandal
The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of the COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting. The Department of Justice (DOJ) initiated a probe into the stock transactions on March 30, 2020. No charges were brought against anyone and all investigations into the matter are closed. Background On January 26, 2012, Senator Joe Lieberman introduced the STOCK Act that would prohibit the use of non-public information for private profit, including insider trading by members of Congress and other government employees. The bill was passed by the Senate with only Senators Richard Burr, Jeff Bingaman, and Tom Coburn voting against it. The House of Representatives voted to approve of the bill and it was signed ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Attempts To Overturn The 2020 United States Presidential Election
After Democratic Party (United States), Democratic nominee Joe Biden won the 2020 United States presidential election, Republican Party (United States), Republican nominee and then-incumbent president Donald Trump pursued an unprecedented effort to overturn the election, with support from Donald Trump 2020 presidential campaign, his campaign, proxies, political allies, and many of his supporters. These efforts culminated in the January 6 United States Capitol attack, January 6 Capitol attack by Trump supporters in an attempted Self-coup, self-coup d'état.Multiple sources: * * * * * * * * * * * * Trump and his allies used the "Big lie#Donald Trump's false claims of a stolen election, big lie" propaganda technique to promote claims that had been proven false and Conspiracy theory, conspiracy theories asserting the election was stolen by means of rigged voting machines, electoral fraud and an international conspiracy. Trump pressed United States Department of Just ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Runoff Election
The two-round system (TRS or 2RS), sometimes called ballotage, top-two runoff, or two-round plurality, is a single-winner electoral system which aims to elect a member who has support of the majority of voters. The two-round system involves one or two rounds of choose-one voting, where the voter marks a single favorite candidate in each round. If no one has a majority of votes in the first round, the two candidates with the most votes in the first round move on to a second election (a second round of voting). The two-round system is in the family of plurality voting systems that also includes single-round plurality (FPP). Like instant-runoff (ranked-choice) voting and first past the post, it elects one winner. The two-round system first emerged in France and has since become the most common single-winner electoral system worldwide. Despite this, runoff-based rules like the two-round system and RCV have faced criticism from social choice theorists as a result of their suscep ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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2020–21 United States Senate Election In Georgia
The 2020–21 United States Senate election in Georgia was held on November 3, 2020, and on January 5, 2021 (as a runoff), to elect the Classes of United States senators, Class II member of the United States Senate to represent the Georgia (U.S. state), State of Georgia. Democratic Party (United States), Democrat Jon Ossoff narrowly defeated incumbent Republican Party (United States), Republican Senator David Perdue in the runoff election, despite Perdue receiving more votes in the first round. The general election was held concurrently with the 2020 United States presidential election, 2020 presidential election, as well as with 2020 United States Senate elections, other elections to the Senate, 2020 United States House of Representatives elections, elections to the U.S. House of Representatives and various 2020 United States elections, state and local elections. No candidate received a majority of the vote during the general election on November 3, so the top two finishers ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Sam Nunn
Samuel Augustus Nunn Jr. (born September 8, 1938) is an American politician who served as a United States Senator from Georgia (1972–1997) as a member of the Democratic Party. After leaving Congress, Nunn co-founded the Nuclear Threat Initiative (NTI), a nonprofit, nonpartisan global security organization focused on reducing nuclear, biological, and emerging technology threats imperiling humanity, for which he is the co-chair. His political experience and credentials on national defense reportedly earned him consideration as a potential running mate for presidential candidates John Kerry and Barack Obama after they became their party's nominees. Early life Nunn was born in Macon, Georgia, the son of Mary Elizabeth (née Cannon) and Samuel Augustus Nunn, who was an attorney and mayor of Perry, Georgia. Nunn was raised in Perry. He is a grandnephew of Congressman Carl Vinson. Nunn was an Eagle Scout and recipient of the Distinguished Eagle Scout Award from the Boy Scouts o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Michelle Nunn
Mary Michelle Nunn (born November 16, 1966) is an American philanthropic executive and politician. Since 2015 she has been president and CEO oCARE USA the American national member of CARE International, the humanitarian aid and international development agency. She was CEO of Points of Light, an American nonprofit organization, from 2007 to 2013, and is a member of its board of directors as of 2015. She had been an executive for the volunteer service organization since 1990, previously running the predecessor and member organizations Hands On Atlanta, City Cares, and HandsOn Network. Nunn, a member of the Democratic Party, was her party's nominee in the race for Georgia's U.S. Senate seat in 2014. She is the daughter of former U.S. Senator Sam Nunn. Early life and early education Michelle Nunn is the daughter of Sam Nunn, a lawyer, farmer, and politician, and Colleen Ann (''née'' O'Brien) Nunn, who worked for the U.S. State Department, and then briefly for the Central Intel ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Democratic Party (United States)
The Democratic Party is a Centre-left politics, center-left political parties in the United States, political party in the United States. One of the Major party, major parties of the U.S., it was founded in 1828, making it the world's oldest active political party. Its main rival since the 1850s has been the Republican Party (United States), Republican Party, and the two have since dominated American politics. The Democratic Party was founded in 1828 from remnants of the Democratic-Republican Party. Senator Martin Van Buren played the central role in building the coalition of state organizations which formed the new party as a vehicle to help elect Andrew Jackson as president that year. It initially supported Jacksonian democracy, agrarianism, and Manifest destiny, geographical expansionism, while opposing Bank War, a national bank and high Tariff, tariffs. Democrats won six of the eight presidential elections from 1828 to 1856, losing twice to the Whig Party (United States) ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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2014 United States Senate Election In Georgia
The 2014 United States Senate election in Georgia was held on November 4, 2014, to elect a member of the United States Senate to represent the Georgia (U.S. state), State of Georgia, concurrently with the 2014 Georgia gubernatorial election, election of the Governor of Georgia, as well as 2014 United States Senate elections, elections to the United States Senate in other states, to the 2014 elections, United States House of Representatives, and to various other state and local offices. Incumbent Republican senator Saxby Chambliss announced on January 25, 2013, that he would not run for re-election, making it an open-seat race. After a close and contentious primary campaign, businessman David Perdue and U.S. Representative Jack Kingston advanced to a runoff for the Republican nomination, which was narrowly won by Perdue. The Democratic Party (United States), Democratic primary was decisively won by Points of Light CEO Michelle Nunn, the daughter of former U.S. senator Sam Nunn. Al ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |