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☆ Joseph Stiglitz on why America's appetite for Trump endures
▼ + stars: | 2024-05-01 | by ( William Edwards | ) www.businessinsider.com time to read: +12 min

If Trump is elected again, Stiglitz said, he could well pull support for Ukraine, sending grain prices soaring. For Stiglitz, the 2001 winner of the Nobel Prize in economics, America's appetite for Trump can be traced back a little more than four decades ago to the election of Ronald Reagan. "We've had 40 years of a neoliberal experiment: Strip away the regulations and lower the taxes — taxes are much lower than they used to be. But Komlos and Stiglitz don't place blame solely on Reagan for the growing economic inequality. Every European country that's had a wealth tax has walked away from it, by and large."

Persons: Donald Trump, Joseph Stiglitz, Trump, Stiglitz, Joe Biden, Ronald Reagan, —, that's, Reagan, We've, Dina Litovsky, Friedrich Hayek, Milton Friedman, That's, Stiglitz doesn't, John Komlos, Komlos, Joe, Bill Clinton, Clinton, Barack Obama, insurrectionists, Desmond Lachman, Carter, Douglas Holtz, Eakin, George W, John McCain's, Holtz, America Stiglitz, Hayek, Friedman, Claudia Sahm, you've, what's Organizations: Columbia Business School, Business, Capitol, Biden, Trump, :, Good Society, America's, Federal Reserve, Budget, Bank, University of Munich, Duke University, University of North, Democratic, North American Free Trade, World Trade Organization, American Enterprise Institute, Bush's, Economic Advisers Locations: Manhattan, Ukraine, Russia, China, Beijing, Taiwan, University of North Carolina, Spain, America

☆ Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
▼ + stars: | 2024-04-26 | by ( Ayelet Sheffey | Madison Hall | ) www.businessinsider.com time to read: +5 min

Some members of Trump's team want to restructure the Federal Reserve, the WSJ reported. That could include allowing the president to have a direct say on interest rate decisions. Trump has previously been critical of Powell's handling of interest rates during the pandemic. To help the Fed achieve its 2% inflation target, the Federal Open Market Committee has hiked interest rates 11 consecutive times since March 2022. Advertisement"I think he's going to do something to probably help the Democrats, I think, if he lowers interest rates," Trump said, adding that "it looks to me like he's trying to lower interest rates for the sake of maybe getting people elected."

Persons: Jerome Powell, —, Donald Trump, Trump, President Trump, Susie Wiles, Chris LaCivita, Powell, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Joe Biden, Robert F, Kennedy Jr, Biden Organizations: Federal Reserve, Service, Street, Trump, Management, Federal, Fed, Fox News, Republican, Florida Gov, South Carolina Gov, Biden, GOP Locations: New York

☆ Mark Cuban says he's proud to pay $288 million in taxes this year, unlike a certain former president
▼ + stars: | 2024-04-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Mark Cuban says he'll be paying $288 million in taxes to the IRS. The billionaire says he's "proud to pay my taxes every single year," unlike one ex-president. AdvertisementBillionaire Mark Cuban says he's happy to pay his fair share of taxes — unlike one former president. "This country has done so much for me, I'm proud to pay my taxes every single year. Tag a former president that you know doesn’t https://t.co/jxuICxOIAr — Mark Cuban (@mcuban) April 14, 2024This isn't the first time Cuban has taken a swipe at Trump.

Persons: Mark Cuban, he'll, he's, —, Donald Trump, — Mark Cuban, Cuban, Axios, Joe Biden, Trump, didn't, E, Jean Carroll, Carroll, Forbes Organizations: Service, Trump, BI, New York Times, The Times, New, Trump Media & Technology Group, Bloomberg, Trump Media's Locations: Cuban, New York

☆ Donald Trump claims he'll testify in hush money trial. We've heard that before.
▼ + stars: | 2024-04-13 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Donald Trump said Friday he plans to testify in his hush-money trial, set to start Monday. Trump previously backed out of testifying in his civil fraud trial. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer President Donald Trump on Friday said he will "absolutely" testify in his upcoming Manhattan hush-money trial, which is set to begin jury selection on Monday morning.

Persons: Donald Trump, Trump, —, Stormy Daniels Organizations: Service Locations: Manhattan

☆ Don't trust Trump's 'impossible' appeal bond claims, attorney general tells judges
▼ + stars: | 2024-03-20 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Trump "at a minimum" should have let the courts hold those properties while he appealed, a lawyer for Attorney General Letitia James wrote. The attorney, Dennis Fan, argued that Trump had not provided any evidence this week to support his claim that it was "impossible" to obtain an appeal bond using his real estate holdings as collateral. "Defendants supply no documentary evidence that demonstrates precisely what real property they offered" to potential insurers, wrote Fan, in the filing to Manhattan appeals court judges. The office made these points as part of a broader argument that Trump hasn't really exhausted all his options to get a bond that would stop the massive fraud judgment from coming due. Unless a court intervenes, James could start collecting on the judgment — by seizing Trump's assets — as soon as next week.

Persons: Donald Trump, Letitia James, Trump, Dennis Fan, James Organizations: U.S, Trump Organization, New Locations: Manhattan, New York City, U.S, New York

☆ Trump is considering a 16-week ban on abortion. Guess why he landed on that number.
▼ + stars: | 2024-03-18 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Donald Trump said in a Fox News interview that he's considering a national ban on abortion. Related storiesBut one question Trump hasn't openly addressed is how he landed on the timeline for a national abortion ban. South Carolina Sen. Lindsey Graham introduced a piece of legislation in 2022 that would institute a federal abortion ban. Those respondents consisted of 52% of men saying they strongly or somewhat support the 16-week national ban, and 54% of women saying they strongly support or somewhat support the same ban. "As President Trump has stated, he would sit down with both sides and negotiate a deal that everyone will be happy with.

Persons: Donald Trump, —, Fox News's Howard Kurtz, Trump, Roe, Wade, Trump's, — Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett —, Trump hasn't, South Carolina Sen, Lindsey Graham, Evan Siegfried, He's, Siegfried, they're, President Trump, Karoline Leavitt, Biden Organizations: Fox News, New York Times, Service, The New York Times, Fox, NBC News, Pew Research Center, South, The Times, Business, Trump Locations: South Carolina

☆ A federal climate jobs program could hire 20,000 workers this year
▼ + stars: | 2024-03-14 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

President Joe Biden this month made climate jobs a major focus of his reelection bid. The administration plans to launch the American Climate Corps this summer with about 20,000 workers, but the funding is pieced together from various federal agencies. These prospective voters are also the target hires for the American Climate Corps, which will focus on reducing greenhouse-gas pollution in local communities and making them more resilient to extreme weather. Stevie O'Hanlon, a spokesperson for the Sunrise Movement, which mobilizes young voters focused on the climate, said the launch of the American Climate Corps was a big win. But the chances of Congress approving more funding for the workforce program are slim, given that House Republicans last year tried to block any federal spending for the American Climate Corps.

Persons: Joe Biden, Biden, Trevor Dolan, Dolan, Stevie O'Hanlon, O'Hanlon, Donald Trump hasn't, We've Organizations: Service, Climate Corps, American, Corps, Business, Biden, American Climate Corps, Evergreen, EV, Sunrise Movement, Republicans Locations: Appalachia

☆ Trump confirms he met with Elon Musk, but they disagree about electric cars
▼ + stars: | 2024-03-11 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +4 min

Donald Trump doesn't see eye-to-eye with Elon Musk on electric vehicles. Trump confirmed he met with Musk but said he doesn't know if he'll get his support. AdvertisementDonald Trump may be courting Elon Musk for potential campaign support, but don't expect the former president to change his messaging on EVs anytime soon. Trump met with Musk in Palm Beach, Florida, last week, as he looks to boost donations to his presidential campaign. During the Trump administration, Musk served on two presidential advisory councils but left after Trump elected to withdraw the US from the Paris Climate Accords.

Persons: Donald Trump, Elon Musk, Trump, Musk, he'll, —, CNBC's SquawkBox, Biden, Tesla, Biden's Organizations: Biden, Service, Lunacy, Trump, Paris Climate, EV, Trump hasn't, White, Monday, United Auto Workers Locations: China, Palm Beach , Florida, Paris

☆ Fact Check: Fox News did not report Deutsche Bank filed Mar-a-Lago foreclosure in November
▼ + stars: | 2023-11-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Fox News did not report that Deutsche Bank filed a foreclosure notice on former U.S. President Donald Trump’s Florida residence, Mar-a-Lago, in November 2023. The post reads: “BREAKING FOX NEWS Deutsche Bank has filed a notice to foreclose on Mar A Lago. A spokesperson for Deutsche Bank declined to comment. The account that first posted the claim describes itself as a parody account. A spokesperson for Fox News said that the claim is “fake.”This article was produced by the Reuters Fact Check team.

Persons: Donald Trump’s, Lago, Trump, “, ”, Read Organizations: Fox, Deutsche Bank, FOX, Trump, Facebook, Fox News, Reuters, Deutsche Bank's, Thomson Locations: Donald Trump’s Florida, Mar, New York

☆ DeSantis' and Trump's campaign teams are now bickering about balls
▼ + stars: | 2023-11-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

The campaign teams for Trump and DeSantis are arguing about balls as of Thursday. His spokesperson then told Trump's team to "buy a pair of balls," sparking a brief skirmish on X. AdvertisementAdvertisementThe official campaign teams for presidential hopefuls Donald Trump and Ron DeSantis are now firing shots at each other over balls. AdvertisementAdvertisementMinutes later, DeSantis' spokesperson Carly Atchison tweeted an image of a box of golf balls while urging Trump's spokespersons to "man up" and "buy a pair of balls." "So the DeSantis team finally admits that Trump has DeSantis' balls in a box.

Persons: DeSantis, Trump, Trump's, —, Donald Trump, Ron DeSantis, he's, Carly Atchison, Steven Cheung, Alex Bruesewitz, Jason Miller Organizations: Trump, GOP, Service, Atchison, Republican, Bloomberg Locations: Florida, Atchison, Miami, Trump

While the idea of using the 14th Amendment to keep Trump out of the White House has been bandied about by lawyers and political figures, the Colorado action is the first lawsuit demanding that a state disqualify Trump from the ballot, CREW said. The group chose Colorado because the laws there make it easier to get it before a court, he says. Some members of Congress, most recently Democratic Sen. Tim Kaine of Virginia and Democratic Rep. Adam Schiff of California, have suggested the 14th Amendment might apply to Trump. Critics of the movement to disqualify Trump say the 14th Amendment clause was written to apply to former Confederates and should not be used against contemporary would-be candidates. Still, those who want to use the 14th Amendment to disqualify Trump face significant legal hurdles, experts say, adding that the matter is likely to end up in the Supreme Court if the movement gains steam.

Persons: Donald Trump hasn't, Trump, Noah Bookbinder, Democratic Sen, Tim Kaine, Adam Schiff of, Joe Biden, Asa Hutchinson, I’m, he’s, CNN's, Bryant, Corky, Messner, Bookbinder, Steven Calibrisi, Antonin Scalia, Calibrisi, Marjorie Taylor Greene, Madison Cawthorn, North Carolina –, Michael McConnell, George W, Bush, hasn't, McConnell, Kamala Harris Organizations: Trump, Democratic, Republican, D.C, Responsibility, White, Justice Department, University of Pennsylvania, Federalist Society, Adam Schiff of California, Arkansas Gov, Union, New, Army, Radical Left Communists, Fascists, MOST, Fair, Capitol, Northwestern University, Federalist, –, Rep, Stanford Law Locations: Colorado, Washington, Virginia, United States, State, New Hampshire, Marjorie Taylor Greene of Georgia, North Carolina, New Mexico

Former President Donald Trump turned himself into Fulton County, Georgia, authorities Thursday. In his mugshot that has been made public, Trump is wearing a deep scowl and navy suit. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementAdvertisementDonald Trump's mugshot has been released. After being booked at the Fulton County courthouse, Trump was fingerprinted and had his mugshot taken. True to Labat's word, Trump's mugshot shows the former president in his obligatory navy suit, red tie, and scowl.

Persons: Donald Trump, Trump, Donald Trump's mugshot, —, Trump's, Fulton County Sheriff Patrick Labat, mugshot, Trump hasn't Organizations: Service, White House, The New York Times, Fulton County Sheriff, Fulton County DA Locations: Fulton County , Georgia, Wall, Silicon, Fulton, Fulton County, Trump's, New York

☆ Donald Trump hasn't landscaped his ex Ivana Trump's grave at his Bedminster golf course, and it's now overrun by an untidy mess of weeds: report
▼ + stars: | 2023-08-14 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

The grave of Donald Trump's first wife, Ivana Trump, is overgrown with weeds, per the Daily Mail. Ivana Trump passed away last year and was laid to rest at the Trump National Golf Club in New Jersey. Ivana Trump died on July 14, 2022, in her New York City townhouse. The Trumps got married in 1977 and had three children together: Donald Trump Jr., Ivanka Trump, and Eric Trump. Representatives for Donald Trump did not immediately respond to a request for comment from Insider sent outside regular business hours.

Persons: Donald Trump's, Ivana Trump, Donald Trump, Donald Trump Jr, Ivanka Trump, Eric Trump, Marla Maples, Trump, Ivana, NJ.com Organizations: Daily Mail, Trump National Golf Club, Daily, Service, New, Trump, Washington Post, Representatives Locations: New Jersey, Wall, Silicon, New York City, Bedminster , New Jersey, Bedminster

☆ Melania Trump keeps shooting down her husband's requests to campaign with him
▼ + stars: | 2023-07-26 | by ( Sonam Sheth | John L. Dorman | ) www.businessinsider.com time to read: +3 min

Melania Trump keeps rejecting Donald Trump's requests to appear with him on the 2024 campaign trail, according to the New York Times. Melania Trump hasn't just been absent from the campaign trail; she also hasn't been at any of Trump's court hearings. Melania Trump appeared with Trump on the campaign trail when he officially announced his 2024 presidential bid in November. When Trump first announced his presidential campaign in 2016, many wondered how Melania Trump — who had previously been ensconced in the fashion world — would make her mark on the campaign trail. While Trump was in office, Melania Trump generally sought to focus on issues affecting children, which she said would also be a priority should her husband win the presidency again.

Persons: Melania Trump, Donald Trump's, —, Donald Trump, He's, E, Jean Carroll, Trump, Melania, swatting Trump, hasn't Organizations: New York Times, Times, Service, The New York Times, White, Justice Department, Trump Organization, New, Trump, Fox News, The Times, Melania Trump — Locations: Wall, Silicon, Manhattan, New York, Israel, Palm Beach , Florida, Washington, DC

☆ A onetime Trump ally says he 'doesn't see a path' for the former president to win swing state Nevada in the 2024 general election: 'Those voters are not coming back'
▼ + stars: | 2023-06-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Trump lost Nevada in both 2016 and 2020, but Republicans think the state is winnable in 2024. In 2020, Biden flipped the key states of Arizona, Georgia, Michigan, Pennsylvania, and Wisconsin, pulling away support from many independents who had backed Trump in the 2016 election. Trump easily won the 2016 Republican presidential caucus in Nevada, when he was fresh on the political scene. And the Nevada Republican Party awarded all of its delegates to Trump in 2020. The Nevada Republican Party has sued the state to restore the caucus system next year.

Persons: Adam Laxalt, Trump's, Ron DeSantis, Trump, —, Donald Trump, Joe Biden, Biden, Democratic Sen, Catherine Cortez Masto, Laxalt, Hillary Clinton, Illinois Sen, Barack Obama's, Chris LaCivita, LaCivita, DeSantis, Cortez Masto, Republican Joe Lombardo, Steve Sisolak Organizations: Trump, Service, Democratic, Florida Gov, NBC News, Trump hasn't, Nevada, Silver State, Senate, NBC, Republican, Nevada Republican Party, GOP, The Nevada Republican Party Locations: Nevada, Arizona , Georgia, Michigan, Pennsylvania, Wisconsin, Illinois, Silver, Basque

☆ DeSantis slams Trump for dodging question on 6-week abortion ban, doubles down on his support for the issue: 'I was proud to do it'
▼ + stars: | 2023-05-16 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

He criticized DeSantis' six-week ban in Florida as 'too harsh.' Ron DeSantis of Florida put pressure on former President Donald Trump Tuesday to answer whether he'd sign a six-week abortion ban into law. "I signed the bill, I was proud to do it," DeSantis said of the six-week ban. Voters also overwhelmingly support allowing abortions in cases of rape, incest, or when a pregnancy is life threatening. The Trump campaign did not immediately respond to an Insider email requestion a response to DeSantis' latest abortion comments.

☆ Trump won't call any witnesses to defend him in E. Jean Carroll rape trial, his lawyer says
▼ + stars: | 2023-05-03 | by ( Jacob Shamsian | Ashley Collman | ) www.businessinsider.com time to read: +3 min

Donald Trump's lawyers won't call witnesses in his defense in his rape and defamation trial. E. Jean Carroll sued the former president for allegedly raping her and then trashing her in public. Trump hasn't personally shown up to the trial, which has been going on for a week in Manhattan federal court. That means Trump won't present any case at all in the ex-president's defense. The attorney also said witnesses will see videos of a sworn deposition Trump took for the case prior to the trial, where he denies Carroll's allegations.

☆ Trump hasn't decided if he will attend E. Jean Carroll rape defamation trial, lawyer says
▼ + stars: | 2023-04-20 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Former President Donald Trump has yet to decide if he will attend his upcoming rape defamation trial, his attorney told a federal judge Thursday. The defamation trial is scheduled to begin in U.S. District Court in Manhattan next Tuesday. In a new court filing posted Thursday afternoon, Trump's lawyer Joe Tacopina told Judge Lewis Kaplan that he could not make a commitment around attendance — yet. Trump's decision "will be made during the course of the trial," Tacopina wrote. Carroll plans to attend the entire trial and testify under oath before the jury, her lawyer noted Wednesday in a letter to Kaplan.

☆ Viktor Bout, the 'Merchant of Death' arms dealer exchanged for Brittney Griner, says he fears for Trump's life and urged him to flee to Russia
▼ + stars: | 2023-04-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Arms dealer Viktor Bout, nicknamed the "Merchant of Death," is asking Trump to flee to Russia. He sent Trump a telegram, warning him to escape charges in New York and that his "life is in peril." Bout said Trump would find "safe haven" in Russia, where he could rebel against "globalists." They would sooner end your life than let you stand in their way," Bout's message read, Russian state media first reported. A photo of Bout's telegram, posted by Russian state media on the messaging app Telegram, shows the message was addressed to Trump's Mar-a-Lago club in Florida.

☆ Trump plans to fly back to Mar-a-Lago, hours after his expected arraignment. He will likely be 'allowed to go and travel wherever he wants,' legal experts say.
▼ + stars: | 2023-04-03 | by ( Hannah Getahun | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

A gag order, which could restrict how much he can say about the case, is more likely. "It is safe to assume that Trump will be released on his own recognizance," Ambrosio Rodriguez, a Los Angeles criminal defense attorney, told Insider. Los Angeles criminal defense attorney Joshua Ritter agreed, saying there was no reason to believe a judge would impose travel restrictions on Trump. Rodriguez, on the other hand, said that he did not believe a gag order would happen at all. "I don't think there's a gag order big enough to gag Trump," Rodriguez said.

☆ Mike Pence gambled his career to become Trump's successor. Now he can't even find a lane to compete against his former boss.
▼ + stars: | 2023-04-01 | by ( Madison Hall | ) www.businessinsider.com time to read: +6 min

Mike Pence gambled his future to become President Donald Trump's running mate and vice president. Two years after leaving office, it appears all for naught, as he can't seem to find a lane to compete against his former boss. This, in part, led to some Trump supporters storming the Capitol whilst chanting "hang Mike Pence." But despite this, Monmouth University polling from March 2023 shows him lagging behind other prospective candidates, like DeSantis and Trump, in favorability polls among evangelical Republicans. According to Morning Consult's surveying, Pence once again received the second-most "unfavorable" polling behind only former Rep. Liz Cheney.

☆ Trump is 'going about business as usual' and enjoying higher polling on the day he claimed he'd be arrested, his lawyer says
▼ + stars: | 2023-03-21 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Donald Trump said he would be arrested on Tuesday. Trump is "going about business as usual" and enjoying rising poll numbers, his lawyer said. A Secret Service officer stands in front of former President Donald Trump's Mar-a-Lago estate, Tuesday, March 21, 2023, in Palm Beach, Florida. Alina Habba, an attorney for Donald Trump, arrives at Trump Tower in New York, Tuesday, March 21, 2023. AP Photo/Bryan WoolstonOn Truth Social, Trump spent Monday and Tuesday bragging about his poll numbers and criticizing Bragg.

☆ Trump wades into education culture war as he eyes race with DeSantis
▼ + stars: | 2023-03-14 | by ( James Oliphant | ) www.reuters.com time to read: +5 min

Trump hasn't been waging the same kind of cultural warfare over education that DeSantis and other Republicans have since the coronavirus pandemic. DeSantis was in Iowa on Friday, speaking at a pair of political events that appeared to be laying groundwork for a presidential bid. His education agenda in Florida was a recurring theme in his remarks, and DeSantis credited it as a reason that he convincingly won re-election last year. DeSantis has asked the Florida legislature to expand a ban on teaching gender-identity concepts to eighth grade from third grade currently. Some of Trump’s education ideas include rewarding teachers who teach “patriotic values” and requiring direct election of school principals by parents, although how he would bring that about is unclear.

☆ Trump wants to ditch his deal to post first on Truth Social and return to Twitter, report says
▼ + stars: | 2023-01-23 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Trump wants to end an exclusivity deal with Truth Social and get back on Twitter, Rolling Stone reported. Truth Social CEO Devin Nunes denied an earlier report that Trump wants to make the switch. While Trump has just shy of 5 million followers on Truth Social, he has almost 88 million followers on Twitter. Nonetheless, according to Rolling Stone, a person close to the president said there is "no way" Nunes' statement is true. Among the ideas being floated is for a WWE-style campaign video post, or one comparing himself to Superman, according to Rolling Stone.

☆ Pressure builds to keep Donald Trump off Facebook ahead of his possible reinstatement
▼ + stars: | 2022-12-24 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +5 min

Left-leaning groups point to his Truth Social posts pushing false election fraud claims and QAnon content. Another study by Accountable Tech found more than 350 of Trump's Truth Social posts would violate Facebook's safety guidelines. He has said prefers Truth Social. "His activity on Truth Social speaks to his potential activity if he's allowed back on some of these more mainstream platforms, like Facebook," Gogarty said. Democratic members of Congress, meanwhile, are urging Meta to uphold Trump's suspension beyond January, arguing that the risk of violence persists.

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