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The Consumer Financial Protection Bureau headquarters in Washington, D.C., on May 14, 2021. The Supreme Court ruled Thursday that the funding structure of the Consumer Financial Protection Bureau is legal. The court in a 7-2 decision rejected an argument that the CFPB's funding method violated the U.S. Constitution's Appropriations Clause because Congress had not annually authorized money for the agency. Instead, Congress authorized the CFPB to draw funding from the Federal Reserve system that the agency's director deems necessary for its work. The majority's ruling reversed a decision by the 5th Circuit U.S. Court of Appeals, which found the CFPB's funding mechanism was unconstitutional.

Persons: Clarence Thomas, Thomas, John Roberts, Brett Kavanaugh, Amy Coney Barrett, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Samuel Alito, Neil Gorsuch, Thursday's, Alito groused Organizations: Consumer Financial, Washington , D.C, Federal Reserve, Federal, System, 5th Circuit U.S, of Appeals, Community Financial Services Association of America, Consumer Service Alliance of Texas Locations: Washington ,

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, October 25, 2023. A judge ordered Donald Trump's company Thursday to inform a court-appointed financial watchdog about any efforts to obtain an appeal bond. His lawyers have said that more than 30 surety companies rejected writing a bond for Trump because they would not accept real estate as collateral. Trump has asked the appeals court to pause the judgment from taking effect without having to secure a bond. In his order Thursday, Engoron told the Trump Organization it must tell its financial overseer, Barbara Jones, "in advance, of any efforts to secure surety bonds."

Persons: Donald Trump, Donald Trump's, Arthur Engoron's, Trump, Letitia James, Engoron, Barbara Jones Organizations: U.S, Trump Organization, Court, New, Trump Locations: New York, Manhattan, New York City

Donald Trump cannot obtain a bond to secure the $454 million civil business fraud judgment against him as he pursues an appeal of the case, his attorneys said in a New York court filing Monday. Attorneys for Trump and his co-defendants in the fraud case argued that it was "impossible" for them to secure a complete appeal bond, which would "effectively" require "cash reserves approaching $1 billion." Trump in a deposition last year claimed to have "substantially in excess of $400 million in cash." But Monday's filing nevertheless asserted that obtaining a bond for the full $464 million judgment is unattainable. The defendants had previously offered to post a $100 million bond, less than one-fourth the total judgment, in order to pause James from collecting the penalties during the appeal process.

Persons: Donald Trump, Letitia James, Arthur Engoron, Trump, Gary Giulietti, Giuletti, Giulietti, Trump's, James, Anil Singh, Alina Habba, Chubb, Jean Carroll Organizations: U.S, New York, Trump, Division of Manhattan Supreme, Appeals, New York ., Lockton Companies, U.S . Treasury Department, Trump Organization Locations: New York City, New York, New York . Manhattan, York

A New York judge on Thursday rejected a bid by Donald Trump to delay a $83.3 million civil defamation judgment in favor of writer E. Jean Carroll. Trump had asked Manhattan federal court Judge Lewis Kaplan to pause the latest Carroll case judgment until after he rules on post-trial motions. He later posted $5.6 million in cash as collateral while he appealed the jury verdict ordering him to pay her $5 million in that case. Trump last month was ordered by a state court judge to pay a $454 million judgment in a civil business fraud lawsuit filed by New York Attorney General Letitia James. But that soon could change if an appeals court declines to stay the judgment.

Persons: Donald Trump, E, Jean Carroll, Carroll, Trump, Lewis Kaplan, Alina Habba, Kaplan, Steven Cheung, Cheung, Zak Sawyer, Goodman, Letitia James Organizations: Greensboro Coliseum, Trump, Republican, Circuit, White, New York Locations: Greensboro , North Carolina, A, York, New York, Manhattan

☆ Super Tuesday live updates: Trump looks to finish off Haley as Biden shifts to general election
▼ + stars: | 2024-03-05 | by ( Kevin Breuninger Dan Mangan Brian Schwartz Rebecca Picciotto Chelsey Cox | Kevin Breuninger | Dan Mangan | ) www.cnbc.com time to read: +1 min

As a result, Tuesday's outcomes in the presidential primaries are less about predicting who will be the eventual nominee, and more about gauging general election momentum eight months out from November. President Joe Biden and former President Donald Trump hold commanding leads in the polls of their parties' voters. Perhaps even more exciting than the presidential primaries are several competitive down-ballot races with major implications for national politics. Primaries in California's Senate race and North Carolina's gubernatorial contest are two that merit special attention. In California, the battle to fill the late Democratic Sen. Dianne Feinstein's seat is already the most expensive Senate race in the state's history.

Persons: Joe Biden, Donald Trump, Trump, Nikki Haley, Democratic Sen, Dianne Feinstein's, Adam Schiff, Roy Cooper Organizations: Biden, Republican, South Carolina Gov, California's Senate, North, Democratic, Gov, Democrats Locations: California's, California, North Carolina

President Joe Biden "willfully retained and disclosed classified materials after his vice presidency," according to a special counsel's final report released Thursday. But the special counsel, Robert Hur, said he was declining to prosecute Biden over his handling of classified documents about military and foreign policy in Afghanistan, and other material. "Our investigation uncovered evidence that President Biden willfully retained and disclosed classified materials after his vice presidency when he was a private citizen," Hur wrote. "We conclude that no criminal charges are warranted in this matter," the report said. "We reach the same conclusion even if Department of Justice policy did not foreclose criminal charges against a sitting president."

Persons: Joe Biden, Eisenhower, Robert Hur, Biden, Hur, General Merrick Garland, Donald Trump, Trump Organizations: of Justice, White House, FBI Locations: Afghanistan, Palm

Former President Donald Trump does not have presidential immunity from prosecution on criminal charges related to his efforts to overturn his 2020 election loss, a federal appeals court unanimously ruled Tuesday. The ruling is the latest major legal loss for Trump, who is the front-runner for the Republican presidential nomination. "For the purpose of this criminal case, former President Trump has become citizen Trump, with all of the defenses of any other criminal defendant," the panel wrote in the 57-page opinion. Trump campaign spokesman Steven Cheung decried the ruling, claiming in a statement that without "complete" presidential immunity, "every future President who leaves office will be immediately indicted by the opposing party." He added, "President Trump respectfully disagrees with the DC Circuit's decision and will appeal it in order to safeguard the Presidency and the Constitution."

Persons: Donald Trump, Jack Smith, Trump, Steven Cheung, Cheung Organizations: U.S ., Appeals, District of Columbia Circuit, Trump, Republican, Washington , D.C, DC Locations: U.S, Washington ,, United States

☆ New Hampshire primary live updates: Nikki Haley battles Donald Trump to the finish as voters hit the polls
▼ + stars: | 2024-01-23 | by ( Kevin Breuninger Dan Mangan Rebecca Picciotto Chelsey Cox | Kevin Breuninger | Dan Mangan | ) www.cnbc.com time to read: +1 min

Voters in New Hampshire are casting the first primary votes of the 2024 presidential election in more than 300 voting locations across the Granite State. New Hampshire Secretary of State David Scalan said he expects turnout will exceed 400,000 voters, with the lion's share of those ballots being cast in the Republican primary. If those trends hold, the first Republican primary of the cycle could end up being the party's last competitive nominating contest this year. And with around 40% of voters neither a registered Republican nor a Democrat, the state is still far from a done deal for Trump. The party's incumbent, President Joe Biden, is not on the ballot, and the results will not affect delegate allocations later this year.

Persons: State David Scalan, Donald Trump, Nikki Haley, Ron DeSantis, Trump's, Haley, Joe Biden Organizations: NBC, New, State, Republican, GOP, South Carolina Gov, Florida Gov, Suffolk University, Boston Globe, Democrat, Trump, Democratic National Committee Locations: New Hampshire, Granite State, Suffolk, Boston, South Carolina

Iowans will battle record-setting cold Monday to take part in the first nominating contest of the 2024 presidential election, the Iowa caucus. Both Republicans and Democrats will meet in person at 8 p.m. ET for caucuses, or meetings, but only Republicans will cast ballots for president. Former President Donald Trump is expected to win the GOP caucus by a margin of 20 points or more if polling trends hold. Tonight's caucus also serves as the first official barometer of where the Republican party stands in 2024.

Persons: Donald Trump, Nikki Haley, Ron DeSantis, Trump, Haley, DeSantis Organizations: Republicans, Democrats, Former South Carolina Gov, Florida Gov, Trump, Republican Locations: Iowa

Judge Arthur Engoron presides over the civil fraud trial of former President Donald Trump and his children at New York State Supreme Court in New York City on Nov. 13, 2023. Police are investigating a swatting incident at the New York home of the judge set to hear closing arguments later Thursday morning in the business fraud trial of former President Donald Trump. It is the second time in days that a swatting attempt has been made against a judge handling a case involving Trump. Closing arguments in Trump's civil fraud trial are still set to begin at 10 a.m. The lawyer, Chris Kise, refused to confirm to Engoron that Trump would abide by restrictions the judge had set on what Trump could say during the closing.

Persons: Arthur Engoron, Donald Trump, Engoron's, Trump, Engoron, Chris Kise Organizations: New York, Police, New, Trump, Nassau County Police, CNBC, Daily Beast, NBC News, Nassau County Police Department Locations: New York City, New York, Nassau, Manhattan

A panel of Washington, D.C. federal appeals court judges was highly skeptical of arguments Monday by a lawyer for Donald Trump that the former president is being unconstitutionally silenced by a gag order in his criminal election interference case. Sauer replied that "the showing would have to be extraordinarily compelling" in order to justify restricting Trump's speech. Trump was slapped with the gag order last month by U.S. District Judge Tanya Chutkan, who said his statements targeting people involved in the case posed "sufficiently grave threats to the integrity of these proceedings." Chutkan's gag order barred Trump from making public statements targeting his prosecutors and "reasonably foreseeable" witnesses regarding the substance of their testimony. Trump has pleaded not guilty to the four-count indictment charging him with crimes including conspiracy to defraud the United States.

Persons: Jack Smith, Donald Trump, Trump, Dean Sauer, Joe Biden, Sauer, Tanya Chutkan, Patricia Millet, Cornelia Pillard, Barack Obama, Bradley Garcia Organizations: U.S, Trump, College, Biden Locations: Washington ,, Palm Beach , Florida, United States

(Photo by Jabin Botsford/The Washington Post via Getty Images)Republican Rep. George Santos of New York said Thursday he will not seek reelection in 2024 in the wake of a damning House Ethics report that found "substantial evidence" of campaign fraud and other violations by the embattled congressman. Santos "blatantly stole from his campaign" and "sought to fraudulently exploit every aspect of his House candidacy for his own personal financial profit," according to the report from the investigative body of the House Ethics Committee. The full ethics panel, led by Republican Rep. Michael Guest of Mississippi, unanimously adopted the report and voted to refer its findings to the Department of Justice. The scathing, 56-page ethics report is only the latest blow to Santos, the scandal-plagued freshman lawmaker who is facing a raft of criminal theft and fraud charges in New York federal court. Last month, Santos' former campaign treasurer Nancy Marks pleaded guilty to campaign finance fraud charges related to her work for Santos.

Persons: George Santos, Jabin Botsford, Santos, Michael Guest of, Joe Murray, Sam Miele, Miele, Kevin McCarthy, Nancy Marks Organizations: House Republican, Washington, Getty Images, Republican, Republican Rep, Michael Guest of Mississippi, Department of Justice, FBI, Santos Locations: Washington, DC, Washington ,, George Santos of New York, OnlyFans, New York, Long

The Republican National Committee announced November 6, 2023 that five presidential candidates have met the criteria to participate in Wednesday's third primary debate in Miami. They are former New Jersey Governor Chris Christie, Florida Governor Ron DeSantis, former South Carolina Governor Nikki Haley, entrepreneur Vivek Ramaswamy and South Carolina Senator Tim Scott. Salem Radio Network and the Republican Jewish Coalition were selected as partners by the Republican National Committee. Chris Christie, entrepreneur Vivek Ramaswamy and South Carolina Sen. Tim Scott will participate in the debate. Watch the Republican debate live stream

Persons: Chris Christie, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Tim Scott, Donald Trump, Adrienne Arsht, South Carolina Sen, Haley, Trump, Ted Hendricks Organizations: Republican National, South Carolina, Five Republican, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts of Miami, Salem Radio Network, Republican Jewish Coalition, Republican National Committee . Florida Gov, United Nations, New, New Jersey Gov, UN, Republican Locations: Miami, New Jersey, Florida, South Carolina, Dade County, Hialeah , Florida

Hunter Biden will plead not guilty during his initial court appearance for three federal felony gun charges, his attorney said Tuesday as he denied that the son of President Joe Biden is asking for "special treatment" at his first court appearance in the case. Hunter's lawyer Abbe Lowell revealed that planned plea as he asked a judge to hold the court appearance by video conference instead of in person at U.S. District Court in Wilmington, Delaware. The court appearance has not yet been scheduled. Lowell wrote in Tuesday's letter that Biden was "not seeking any special treatment" by requesting the video conference for his first appearance in court on the charges. Lowell's letter called prosecutors' opposition "puzzling," arguing that he was making a "common-sense request in seeking a video appearance.

Persons: Hunter Biden, Joe Biden, Abbe Lowell, Biden, Lowell, Christopher Burke, Mr, Biden's, David Weiss, Donald Trump Organizations: U.S, Secret Locations: Wilmington , Delaware, California, Wilmington, U.S, New York

watch nowHunter Biden, son of President Joe Biden, was indicted Thursday on three criminal counts related to his possession of a firearm, a court filing showed. The charges in U.S. District Court in Delaware came weeks after the unexpected collapse of a deal with federal prosecutors. Hunter Biden, who has been open about his substance abuse struggles, is charged in two of the counts with lying about his illegal drug use in connection with his purchase of a Colt Cobra revolver. The White House and an attorney for Hunter Biden did not respond to initial requests for comment. Hunter Biden arrives at Hancock Field Air National Guard Base after disembarking from Air Force One with his father, U.S. President Joe Biden, in Syracuse, New York, Feb. 4, 2023.

Persons: Hunter Biden, Joe Biden, Elizabeth Frantz Organizations: Hancock Field Air National Guard Base, Air Force Locations: U.S, Delaware, Syracuse , New York

Former Rep. Mark Meadows, R-N.C., speaks during a forum on House and GOP Conference rules for the 118th Congress, at the FreedomWorks office in Washington, D.C., on Monday, November 14, 2022. Mark Meadows, Donald Trump's former White House chief of staff, on Monday sought to pause an order rejecting his bid to move his Georgia criminal election interference case to federal court. In a court filing Monday morning, Meadows asked a federal judge — who last week declined to move the case out of state court — to stay that order pending an appeal. Meadows' attorney said that "given the urgency of the matter," he will ask the 11th Circuit U.S. Court of Appeals to pause the order unless the federal court grants his request for a stay. "While Mr. Meadows respectfully believes the Court erred, this Court need not agree to stay the Remand Order," his attorney wrote in the filing in U.S. District Court in Atlanta.

Persons: Mark Meadows, Donald Trump's, Meadows, — Organizations: GOP, 118th, Washington , D.C, White House, Circuit U.S, Appeals, Court Locations: Washington ,, Georgia, Atlanta

Former President Donald Trump speaks at a fundraiser event for the Alabama GOP, Friday, Aug. 4, 2023, in Montgomery, Ala.Former President Donald Trump was indicted Monday night by a grand jury in Atlanta, Georgia, on charges he and his supporters attempted to interfere with the state's 2020 presidential election. Trump allies charged in the Georgia indictment include:Rudy GiulianiJohn EastmanMark MeadowsJeffrey ClarkSidney PowellJenna EllisThe charges stem from a long-running criminal investigation into the efforts made by Trump and his allies to overturn President Joe Biden's victory in Georgia's 2020 presidential election. Fulton County District Attorney Fani Willis opened the probe in February 2021, just weeks after it was revealed that Trump had urged Georgia's secretary of state to "find" enough votes to reverse his loss in the Peach State. Willis noted from the outset that she was investigating potential violations of state laws barring election fraud and lying to government entities, as well as conspiracy, racketeering and "any involvement in violence or threats" related to the administration of the 2020 election.

Persons: Donald Trump, Trump, Rudy Giuliani John Eastman Mark Meadows Jeffrey Clark Sidney Powell Jenna Ellis, Joe Biden's, Fani Willis, Willis Organizations: Alabama GOP, Fulton, Peach State Locations: Montgomery , Ala, Atlanta , Georgia, Georgia, Fulton County, Peach

The hearing before a federal magistrate judge will take place at 4 p.m. The four-count indictment charges Trump with conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, attempted obstruction and conspiracy against rights. Trump, a leading candidate for the 2024 Republican presidential nomination, has already pleaded not guilty in two other criminal cases. He was last arraigned in June on federal charges stemming from his retention of classified records after he left office in 2021. As the chaos played out, Trump and his co-conspirators "exploited the disruption" by pushing lawmakers to delay the certification, the indictment allegesKey points:

Persons: Donald Trump, Trump, Barrett, president's, Trump's, Joe Biden's Organizations: Trump Force, Washington , D.C, Department of Justice, U.S . Capitol, Trump Locations: Greensboro, N.C, Washington ,, United States

Former U.S. President Donald Trump enters Erie Insurance Arena for a political rally while campaigning for the GOP nomination in the 2024 election on July 29, 2023 in Erie, Pennsylvania. Decrying President Joe Biden as "crooked" and federal prosecutor Jack Smith as "deranged," Trump in a social media post late Wednesday said he hoped the criminal case would be moved to "an impartial Venue, such as the politically unbiased nearby State of West Virginia!" Trump won West Virginia by more than 30 points in the 2020 election. The former president's post on Truth Social came just hours before he was expected to travel to D.C. for a 4 p.m. ET appearance before a federal magistrate judge at the E. Barrett Prettyman courthouse.

Persons: Donald Trump, Trump, Joe Biden, Jack Smith, Barrett Organizations: U.S, Erie Insurance, GOP, Trump, Washington, D.C, West Virginia, Truth Social Locations: Erie , Pennsylvania, State, West Virginia, Washington

U.S. President Donald J. Trump speaks during the Victory Rally by the Republican National Committee in Dalton, Georgia, United States on January 04, 2021. The Trump campaign attacked the Biden administration and the Department of Justice in a furious statement after the grand jury investigating interference in the 2020 election handed up an indictment. The campaign in a statement did not explicitly say that Trump had been indicted in the special counsel's probe. But his campaign wrote that that "the answer is, election interference!" "President Trump has always followed the law and the Constitution, with advice from many highly accomplished attorneys," the statement said.

Persons: Donald J, Trump, Biden, Trump's, Joe Biden, Kevin Breuninger Organizations: Republican National, Biden, Department of Justice, weaponized Department of Justice Locations: Dalton , Georgia, United States, Nazi Germany

A judge in Georgia is set to publicly disclose on Thursday portions of a special grand jury's final report on its investigation into possible election interference by former President Donald Trump and his allies. Those sections "are ripe for publication" because they don't identify any witnesses, McBurney said in an order Monday. The full report will include recommendations on whether anyone should face criminal charges related to the 2020 presidential election in Georgia. "Having reviewed the final report, the undersigned concludes that the special purpose grand jury did not exceed the scope of its prescribed mission," McBurney wrote in Monday's order. Georgia was one of several key swing states that narrowly voted for President Joe Biden, then the Democratic nominee, over Trump in the 2020 presidential election.

U.S. Rep.-elect Matt Gaetz (R-FL) delivers remarks in the House Chamber during the fourth day of elections for Speaker of the House at the U.S. Capitol Building on January 06, 2023 in Washington, DC. The Department of Justice has decided not to criminally charge Rep. Matt Gaetz, R-Fla., in the agency's two-year probe of alleged sex trafficking, his lawyers said Wednesday. The DOJ's decision was not a surprise, as nearly two years had passed without prosecutors filing charges against Gaetz, despite obtaining cooperation in their probe from his former friend, disgraced Florida tax collector Joel Greenberg. Gaetz's office in a statement, said, "The Department of Justice has confirmed to Congressman Gaetz's attorneys that their investigation has concluded and that he will not be charged with any crimes." The Washington Post in September reported that career prosecutors had recommended against charging Gaetz due to concerns about Greenberg and another potential witness.

Embattled Rep. George Santos, R-N.Y., was charged with theft in a 2017 case in Pennsylvania that was later dropped and expunged from his record, according to a lawyer who aided Santos' response to the charge and now regrets helping him. "I should have let him go to hell," that attorney, Tiffany Bogosian, told CNBC in a phone interview Thursday. Santos told her one of his checkbooks had gone missing in 2017, and that he had canceled it as soon as he noticed it was gone. A spokeswoman for the York County District Court in Pennsylvania told CNBC that the Santos case in question "doesn't exist within the system," and that she "cannot confirm" if the reportedly expunged case ever did or didn't exist. But Bogosian provided CNBC with a screenshot showing a November 2017 charge in Santos' name of "THEFT BY DECEP-FALSE IMPRESSION."

Jonathan Ernst | ReutersThe Jan. 6 House select committee released its long-awaited final report Thursday, capping an 18-month probe of the 2021 breach of the U.S. Capitol by a violent mob of supporters of former President Donald Trump. "Donald Trump's senior Justice Department officials — each appointed by Donald Trump himself —investigated the allegations and told him repeatedly that his fraud claims were false," Cheney wrote. "Donald Trump's White House lawyers also told him his fraud claims were false. Members of the Oath Keepers militia group among supporters of U.S. President Donald Trump, on the steps of the U.S. Capitol, in Washington, January 6, 2021. U.S. President Donald Trump arrives to speak to supporters from The Ellipse near the White House on January 6, 2021, in Washington, DC.

Former President Donald Trump speaks on May 28, 2022 in Casper, Wyoming. Donald Trump on Thursday announced a series of aggressive and ambitious proposals to undo what he characterized as the suppression of free speech in the United States if he is elected president in 2024. Among other things, Trump vowed to "ban federal money from being used to label domestic speech as 'mis-' or 'dis-information,'" including federal subsidies and student loan support for universities. "When I'm president, this whole rotten system of censorship and information control will be ripped out of the system at large. Trump and other right-wing figures have for years claimed they are the victims of efforts to limit their speech by purported "deep-state" actors, mainstream media outlets and social media companies.

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