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Vince McMahon, executive chairman of the board of TKO Group Holdings and founder of wrestling giant WWE, has resigned his positions at both companies, according to a WWE memo obtained by CNBC and confirmed by the company. "Vince McMahon has tendered his resignation from his positions as TKO Executive Chairman and on the TKO Board of Directors. He will no longer have a role with TKO Group Holdings or WWE," said Nick Khan, president of the WWE. The announcement came in the wake of allegations made public Thursday, of sexual assault and sex trafficking, against McMahon. The latest allegations against McMahon were in a lawsuit filed by Janel Grant — who alleges McMahon directed her to have sex with a WWE "superstar" and other men.

Persons: Vince McMahon, Nick Khan, McMahon, Janel Grant —, Grant's, Grant, John Laurinaitis Organizations: WWE, MetLife, Holdings, CNBC Locations: East Rutherford , New Jersey, U.S, Connecticut

Former President Donald Trump on Friday endorsed Republican Rep. Jim Jordan of Ohio to become the next speaker of the House of Representatives. Trump's endorsement of his close ally Jordan in a social media post came three days after the House voted to remove Rep. Kevin McCarthy, R-Calif., as speaker. Trump wrote that Jordan "will be a GREAT Speaker of the House, & has my Complete & Total Endorsement!" "He is STRONG on Crime, Borders, our Military/Vets, & 2nd Amendment," Trump wrote early Friday on his Truth Social site. Trump is the clear frontrunner for the 2024 GOP presidential nomination due to his strong popularity among Republican voters.

Persons: Donald Trump, Jim Jordan, Jim Jordan of, Jordan, Kevin McCarthy, Trump, Steve Scalise Organizations: Republican, Air Force, Airport, Representatives, Military, Republicans Locations: Ohio, Lima Allen, Lima , Ohio, Jim Jordan of Ohio

Danil Shamkin | Nurphoto | Getty ImagesU.S. Sen. Bob Menendez of New Jersey and his wife were indicted in New York on federal bribery charges for accepting cash, gold bars, home mortgage payments and more as part of "corrupt relationship" with three businessmen from their home state. "This investigation is very much ongoing," said Manhattan U.S. Attorney Damian Williams at a press conference on the indictment of the senator and his wife, Nadine Menendez. Source: SDNYThis is the second time Menendez has been indicted on federal bribery charges. U.S. Senate Foreign Relations Committee Chairman Bob Menendez, D-N.J., and his wife, Nadine Arslanian, arrive for a reception honoring Greek Prime Minister Kyriakos Mitsotakis and his wife, Mareva Mitsotakis, in the East Room of the White House in Washington, D.C., May 16, 2022. Those efforts allegedly included the senator recommending to Biden that he nominate a candidate for U.S. Attorney for New Jersey "who Menendez believed could be influenced by Menendez with respect to Daibes's case," the indictment charges.

Persons: Sen, Robert Menendez, Nikos Christodoulides, Danil, . Sen, Bob Menendez, Menendez, Joe Biden, Damian Williams, Nadine Menendez, Bob Menendez's, Wael Hana, Jose Uribe, Fred Daibes, Nadine, NADINE MENENDEZ’s, Salomon Melgen, Melgen, Nadine Arslanian, Kyriakos Mitsotakis, Mareva Mitsotakis, Chip Somodevilla, Hana, Uribe, Biden, Phillip Sellinger, Sellinger, David Schertler, Ms, Daibes, Nadine Menendez's Organizations: Nurphoto, Getty, ., Bob Menendez of New, Government, U.S Department of Agriculture, Democratic, Attorney, Manhattan U.S, Foreign, NBC News, U.S, Senate Foreign Relations, Greek, White, Washington , D.C, WNBC Locations: Republic of Cyprus, Nicosia, Cyprus, Bob Menendez of, Bob Menendez of New Jersey, New York, Egypt, New Jersey, Manhattan, Florida, Washington ,

U.S. Supreme Court Chief Justice John G. Roberts poses during a group portrait at the Supreme Court in Washington, U.S., October 7, 2022. The chairman of the Senate Judiciary Committee on Thursday invited Supreme Court Chief Justice John Roberts to testify next month before the panel about ethics reform of the court. Last week, the same news outlet reported that Thomas failed to disclose that Crow had purchased property from Thomas and his relatives, which included a house where Thomas' mother still lives. In his letter Thursday to Roberts, Durbin wrote, "Your last significant discussion of how Supreme Court Justices address ethical issues was presented in your 2011 Year-End Report on the Federal Judiciary." A Supreme Court spokeswoman did not immediately respond to CNBC when asked if Roberts would accept Durbin's invitation to appear before the committee.

Treasury Secretary Janet Yellen on Friday notified Congress that the U.S. will reach its statutory debt limit next Thursday. Yellen said it is "critical that Congress act in a timely manner to increase or suspend the debt limit." Congress in December 2021 increased the federal debt limit to about $31.4 trillion. This can extend the clock for weeks or months while Congress hashes out a bill to raise the borrowing limit. Yellen added, "Increasing or suspending the debt limit does not authorize new spending commitments or cost taxpayers money.

watch nowThe Jan. 6 select House committee on Monday referred former President Donald Trump to the Department of Justice for criminal investigation and potential prosecution for his efforts to overturn his loss in the 2020 election. While the Justice Department, which is already conducting an investigation of Trump, takes criminal referrals seriously, it is not obligated to charge anyone with a crime. Trump, who has denied any wrongdoing, has not been charged with any crimes related to the 2020 election and the attack on the U.S. Capitol. Trump last month announced that he will seek the Republican nomination for president in 2024. He did not name them, but House Minority Leader Kevin McCarthy is among the members who defied a subpoena from the committee.

The Ways and Means Committee has said it wanted copies of Trump's returns, and the tax returns of several Trump legal entities, for an inquiry into how the IRS audits presidential tax returns. The committee had been seeking Trump's tax returns since 2019, when the Republican was still president. Trump as a presidential candidate and then as president broke decades of tradition by refusing to publicly release his tax returns. When the committee first asked for Trump's returns three years ago, the Treasury Department refused to turn them over. "The Supreme Court has lost its honor, prestige, and standing, & has become nothing more than a political body, with our Country paying the price."

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