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☆ Stormy Daniels’ husband says they’ll likely leave country if Trump is acquitted
▼ + stars: | 2024-05-14 | by ( Piper Hudspethblackburn | Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +3 min

CNN —The husband of adult film actress Stormy Daniels said on Tuesday that there’s a “good chance” the couple will leave the country if former President Donald Trump is acquitted in his Manhattan criminal trial. “Either way, I don’t think it gets better for her. Prosecutors allege that Trump broke the law by falsifying business records to reimburse his former lawyer Michael Cohen and conceal a “hush money” payment made to Daniels on Trump’s behalf. “If that story was untrue, I would have written it to be a lot better,” Daniels said of her encounter with Trump. “This is all her fighting for what she believes is right and telling the truth, and I don’t think a lot of people realize that,” he continued.

Persons: Stormy Daniels, Donald Trump, Barrett, CNN’s Erin Burnett, Daniels, “, it’s, we’ll, Blade, Trump, nominee’s, ”, Michael Cohen, Cohen, Susan Necheles, ” Daniels, Burnett, Shania Shelton, Jeremy Herb, Lauren del Valle, Kara Scannell Organizations: CNN, Republican, Trump, Prosecutors, Wall Street

☆ Many Trump associates faced prison. Unlike Cohen, many got pardons
▼ + stars: | 2024-05-14 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

Now Christie, like Cohen, is a former Trump associate trying to take the former president down. Cohen is rare in the universe of Trump associates since he both turned on Trump and went to prison. Many of the other Trump aides and associates who faced jail eventually got pardons or clemency and still support the former president. Trump’s pardon helped Bannon avoid prosecution in the border wall scheme, but Bannon may yet go to prison. Trump issued the Flynn pardon shortly after losing the 2020 presidential election.

Persons: Michael Cohen, Donald Trump, Charles Kushner, Kushner, –, Chris Christie, Christie, Jared Kushner, Trump’s, Cohen, Trump, Manafort, Paul Manafort, Manafort –, He’s, Bannon, Steve Bannon, Pardoning Bannon, Navarro, Peter Navarro, he’s, Stone, Flynn, Roger Stone, Michael Flynn, Rikers Trump, Allen Weisselberg, Weisselberg, Jonathan Karl, Cohen’s Organizations: CNN, Trump, New, New Jersey Gov, US, Manafort, Republican, Convention, Trump White House, Department of Justice, ABC News Locations: New York City, New Jersey, Mexico, Russia

☆ Trump's Boeing 757 clipped parked plane after landing at Florida airport Sunday, FAA says
▼ + stars: | 2024-05-14 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

The plane of former US president Donald Trump takes off from Palm Beach International Airport in West Palm Beach, Florida, on April 3, 2023. The wing of the Boeing jet owned by former President Donald Trump struck a parked plane at a Florida airport after landing safely and taxiing early Sunday morning, the Federal Aviation Administration said on Tuesday. In a statement, the FAA said, "A privately owned Boeing 757 landed safely at West Palm Beach International Airport around 1:20 a.m. local time on Sunday, May 12." "The incident occurred in an area of the airport where the FAA does not direct aircraft. Trump maintains a residence at his Mar-a-Lago club in Palm Beach.

Persons: Donald Trump, Trump Organizations: Palm Beach International, Boeing, Federal Aviation Administration, FAA, Palm Beach International Airport, CNBC, Republican Locations: West Palm Beach , Florida, Florida, Wildwood , New Jersey, West Palm, Lago, Palm Beach, New York

☆ Trump's 'multi-tasking' defense is falling apart in court
▼ + stars: | 2024-05-12 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

AdvertisementThis is one of the arguments Donald Trump's lawyers have advanced in his defense for his hush-money trial: Trump didn't do anything wrong. Cohen met with Allen Weisselberg, the now-former Trump Organization CFO, in January of 2017 to hash out how he'd get reimbursed by Trump and the Trump Organization, according to records shown at trial. Occasionally, he'd write "VOID" on one he didn't want to be paid, according to Trump Organization employee Deborah Tarassoff. If Trump had a question about a check, he'd talk with a Trump Organization employee about it, Westerhout testified. Advertisement"Am I correct that when he would sign checks, he was often multitasking?"

Persons: —, Donald, Trump, Michael Cohen, reimbursing Michael Cohen —, Stormy Daniels, Daniels, Cohen, Hope Hicks, Hicks, Susan Necheles, Madeleine Westerhout, Necheles, Westerhout, he's, — Trump, Allen Weisselberg, he'd, Weisselberg, Jeffrey McConney, Trump's, Keith Schiller, Deborah Tarassoff, Tarassoff, Rhona Graff, Donald Trump, Westerhout didn't, Rebecca Manochio, Manochio, Graff, what's Organizations: Service, Business, FBI, The Manhattan, Attorney's, Trump Organization, Wall Street, Trump, Washington Post, FedEx, White, Manhattan, New York Locations: United States, New York, North Korea, Russia, Manhattan, Washington, DC, New York City, Westchester

☆ Michael Cohen: A challenging star witness in Donald Trump's hush money trial
▼ + stars: | 2024-05-12 | by ( ) www.cnbc.com time to read: +4 min

Michael Cohen, former attorney for Donald Trump, leaves after attending the Trump Organization civil fraud trial in New York State Supreme Court in the Manhattan borough of New York City on Oct. 24, 2023. Now Michael Cohen is prosecutors' biggest piece of legal ammunition in the former president's hush money trial. There is his tortured history with Trump, for whom he served as personal attorney and problem-zapper until his practices came under federal investigation. That led to felony convictions and prison for Cohen but no charges against Trump, by then in the White House. Those arrangements, which Manhattan District Attorney Alvin Bragg's office portrays as a multipronged scheme to keep information from voters, are now under a microscope at Trump's hush money trial.

Persons: Michael Cohen, Donald Trump, Cohen, Trump, Richard Serafini, Loyalist, Cohen's, dings, Alvin Bragg's, reimbursements, Stormy Daniels, Daniels Organizations: Trump Organization, Court, Reuters, Trump, FBI, National Enquirer, Manhattan Locations: New York, Manhattan, New York City, Florida

☆ Opinion | What Donald Trump Would Do for $1 Billion
▼ + stars: | 2024-05-11 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +3 min

Not to spend too much time writing about Donald Trump this week, but I was struck by this report in The Washington Post on the former president’s recent overtures to oil executives. After hearing one executive during an event last month at his Mar-a-Lago club complain about supposedly burdensome environmental regulations promulgated by the Biden administration, Trump made a proposition. You all are wealthy enough, he said, that you should raise $1 billion to return me to the White House. His hotel, located just down the street from the White House, was a clearinghouse for anyone who wanted to buy a favor. And six months after leaving the White House, Jared Kushner secured a $2 billion investment from a fund led by the crown prince of Saudi Arabia.

Persons: Donald Trump, Biden, Trump, ” Trump, I’m, Trump’s, Tweed, Roscoe Conkling, Jared Kushner Organizations: The Washington Post, White Locations: The, Gulf of Mexico, Saudi Arabia

☆ Donald Trump Could Hardly Be More Wrong About Inflation - The New York Times
▼ + stars: | 2024-05-10 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Trump also described inflation as “a country buster” that destroyed Germany, presumably referring to the hyperinflation of 1923, which was the year of Adolf Hitler’s failed beer-hall putsch. Even for Trump, who loves to work up a crowd, that’s too far. President Biden does have an inflation problem, but it’s not a Weimar Germany kind of problem. I won’t get into why Americans are so upset about inflation that they might choose Trump over Biden in November. I want to look at a different question, which is whether inflation would be lower if Trump won.

Persons: Donald Trump, “, Trump, Adolf Hitler’s, Biden, it’s, States ’, Binyamin Appelbaum, Paul Krugman Organizations: Bureau of Labor Statistics, Biden, Trump Locations: Waukesha, Wis, Germany, Weimar Germany, States

☆ Jailing Trump on contempt would likely mean locking him up for an hour or two behind the courtroom, experts predict
▼ + stars: | 2024-05-09 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Could Trump's next courtroom outburst or gag-violating Truth Social post really be the final straw that gets him locked up on contempt of court? "You get more due process" when you commit an act of contempt outside the courtroom, Levine said. "It's when the judge calls the court officers and tells them to surround the defendant so that he doesn't try to walk out of the courtroom." AdvertisementBut Trump already has at least two court officers standing behind him at all times in Merchan's courtroom, for his own protection. Reality will instead set in when the judge gives what's usually the final instruction to the court officers, "Take charge," Galluzzo said.

Persons: Trump, —, audibly, Stormy Daniels, Donald Trump, misbehaving, Trump's, Juan Merchan, Arthur Aidala, Harvey Weinstein, Weinstein, Aidala, Arnold Levine, Levine, heckles Daniels, Matthew Galluzzo, Galluzzo, Daniel Scott, who's, Scott, Joe Schmoe, Daniels Organizations: Service, , New, Trump, Legal Aid Society of New York, Defense Task Force, Secret Service Locations: ,, Manhattan, Merchan's, Merchan, Trump

☆ U.S. export controls on Chinese firms could 'get even worse' if Trump is re-elected: Analyst
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. export controls on Chinese firms could 'get even worse' if Trump is re-elected: AnalystPaul Triolo, senior vice president for China and technology policy lead at Albright Stonebridge Group, discusses the United States' decision to cancel some export licenses of suppliers to China's Huawei.

Persons: Trump, Paul Triolo Organizations: Albright, Group, Huawei Locations: China, United States

☆ Why are 3 of Trump’s 4 criminal trials delayed indefinitely?
▼ + stars: | 2024-05-08 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

Trial date: Delayed indefinitely. On Tuesday, Cannon scratched the planned May trial date and did not pencil in a new one. Trial date: Delayed indefinitely. Trump’s effort to disqualify the prosecutor in Georgia continuesIndictment: August 14, 2023. Trial date: Delayed indefinitely.

Persons: Donald Trump’s, Disproving, Trump, Aileen Cannon, Cannon, Jack Smith, Trump’s, Ty Cobb, CNN’s Erin Burnett, “, ” Cobb, Burnett, Cobb, ”, Smith, Fani Willis, shouldn’t, Judge Scott McAfee’s, Willis, Stormy Daniels, Daniels, Michael Cohen, Cohen Organizations: CNN, Trump, National Archives, White, Court, Seal, The Georgia, Appeals, New Locations: New York, New York , Florida, Georgia, Washington, DC, Florida, Washington ,, Fulton County

☆ Key lines: CNN’s interview with Biden on polls, protests and more
▼ + stars: | 2024-05-08 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —President Joe Biden sat down with CNN’s Erin Burnett on Wednesday for a rare, one-on-one television interview with a member of the national media. But Biden expanded, suggesting protesters have gone too far:There is a legitimate right to free speech and protest. There’s a legitimate right to do that and they have a right to do that. But there’s not a legitimate right to use hate speech. There is not a legitimate right to block people’s access to class.

Persons: Joe Biden, CNN’s Erin Burnett, Biden, Donald Trump, We’ve, they’re, ” Biden, ”, SSRS, Jennifer Agiesta, He’s, I’ve, Trump, won’t, ’, ►, Joe ”, There’s, there’s, Israel, bin, They’re, “ We’re Organizations: CNN, Biden, Trump, University of Michigan, Microsoft Locations: Wisconsin, Midwest, Israel, Racine , Wisconsin, Scranton, “, Gaza, Afghanistan, Iraq, Rafah

☆ Judge’s warning provides dilemma for Trump over whether he will risk jail for a political point
▼ + stars: | 2024-05-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

His warning also presented the former president – who has weaponized his four criminal indictments into a narrative of political martyrdom – with his own dilemma. Elie Honig, a CNN senior legal expert, said that he still believed it was unlikely Trump would end up jailed for contempt of court. He told Trump: “You are the former president of the United States and possibly the next president, as well. There are many possible reasons why voters may not be moved by this first trial of a former president. On Monday for example, prosecutors took former Trump employees through complicated financial transactions to lay a paper trail for future testimony from higher-profile witnesses.

Persons: Donald Trump, Juan Merchan, Merchan, Trump, wasn’t, ”, ” Merchan, –, “, Elie Honig, Michael Cohen, Stormy Daniels, Jack O’Donnell, CNN’s Erin Burnett, O’Donnell, Merchan’s, you’ll, ” Trump, it’s, Daniels, Joe Biden, he’s Organizations: CNN, Trump, GOP, Trump Plaza Hotel, White Locations: United States, Casino, Atlanta, Georgia, Manhattan

☆ Trump hush-money porn star trial: Here's what's happened so far
▼ + stars: | 2024-05-05 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City, on May 2, 2024. The historic hush-money trial, which still has another three to five weeks to go, marks the first-ever criminal trial of an ex-U.S. president. Fined $9,000 for contempt of courtFormer US President Donald Trump sits in the courtroom at Manhattan criminal court in New York, US, on Friday, May 3, 2024. Prosecutors dig inRepublican presidential candidate and former U.S. President Donald Trump shouts during a campaign event in Freeland, Michigan, U.S. May 1, 2024. Pecker, who said that he purchased the story in order to bury it, said that Trump never reimbursed the company.

Persons: Donald Trump, Doug Mills, He's, he's, Juan Merchan, Trump, Merchan, Attorney Alvin Bragg, Joe Biden, —, doesn't, Trump's protestation, Chris Conroy, Brendan Mcdermid, Michael Cohen, Stormy Daniels, Daniels, David Pecker, Pecker, Donald Trump's, Timothy A, Clary, Cohen, Karen McDougal, Rhona Graff, McDougal, Gary Farro, Keith Davidson, Davidson, Hope Hicks, Alex Wong Organizations: Manhattan Criminal, Afp, Getty, Manhattan Supreme, Reuters, Attorney, Trump, Truth Social, Republican, National Enquirer, American Media, White House, Capitol Locations: New York City, Manhattan, Wisconsin, Michigan, New York, Waukesha , Wisconsin, Freeland , Michigan, U.S, Republic, Washington , DC

☆ Trump’s VP hopefuls continue auditioning to join his ticket, following weekend fundraiser
▼ + stars: | 2024-05-05 | by ( Kit Maher | Greg Clary | ) edition.cnn.com time to read: +8 min

Kristi Noem remained on defense after blowback from an anecdote about killing a 14-month-old dog and goat on her farm. “This is Joe Biden’s Democrat Party today,” the New York Republican said, alluding to scenes of chaos on campuses nationwide. “And the reality is this is why Republicans continue to poll stronger and stronger, because we represent peace and security. Video Ad Feedback Tapper presses potential Trump VP pick on 2020 election 04:10 - Source: CNNGoodbye, Sunshine State? Rubio also tried Sunday to tamp down on speculation that he would be Trump’s vice president.

Persons: Donald Trump’s, Joe Biden, Kristi Noem, Noem, Elise Stefanik, Doug Burgum, South Carolina Sen, Tim Scott, Florida Sen, Marco Rubio, Joe Biden’s, ” Rubio, ”, Biden, ” Scott, Trump, Scott, Donald Trump, ” Trump, NBC’s Kristen Welker, Kristen, ” Burgum, Tapper, Sunshine State ? Rubio, Rubio, “, doesn’t, He’s, ” Noem, “ Joe Biden’s, Kim Jong, I’d, Kim, “ I’ve, I’ve, CNN’s Casey Gannon, Veronica Stracqualursi Organizations: CNN, South Carolina Gov, Trump, Republican National Committee, Mar, North Dakota Gov, Fox News, Biden, Democratic Party, Joe Biden’s Democrat Party, New York Republican, Republicans, “ Fox, Press, White, Milwaukee Journal Sentinel, Sunshine State, RNC, Republican Party, CBS, Cricket, North, “ Locations: Florida, North, South Carolina, Israel, ”, United States, Dakota, South Dakota, Noem, North Korean

☆ Nobel Prize-winning economist Joseph Stiglitz says the US economy is on solid footing — but warns any one of these 4 major risks could spoil the expansion
▼ + stars: | 2024-05-04 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

The US economic expansion should continue in the months ahead, assuming there are no major external shocks, according to Nobel Prize-winning economist Joseph Stiglitz. Consumer spending, which makes up about two-thirds of the US economy, is still positive, and job gains have been robust. AdvertisementDespite his generally upbeat outlook, however, Stiglitz is concerned about a number of risks. 4 economic risks to watchThe first is that economic slowdowns happening elsewhere could seep into the US. Congress could shut down again, we might not get some of the necessary bills that we need to continue government," Stiglitz said.

Persons: Joseph Stiglitz, we've, Stiglitz, Brent, Mike Johnson, Trump, Putin Organizations: Service, Columbia University, Conference, Business, Republican Locations: Europe, China, Israel, Palestine, Lebanon, Iran, Ukraine, Russia, Taiwan, Eastern Europe

☆ How the overturned Harvey Weinstein conviction could echo in Donald Trump’s hush money trial
▼ + stars: | 2024-05-02 | by ( Gloria Pazmino | ) edition.cnn.com time to read: +8 min

Some legal observers believe the Weinstein decision could prove relevant as the hush money trial against former President Donald Trump unfolds in Manhattan. Judge Juan Merchan, who is overseeing the trial and making day-by-day decisions about what evidence is allowed in court, is bound to the same guidelines as the Weinstein trial judge. Stephen Gillers, professor of law at New York University, said the Weinstein ruling will certainly be important to Merchan. Judge Madeline Singas dissented from the Weinstein appeals court ruling, saying the information was needed for the jury to consider. Gillers said the Weinstein decision is not just weighing on the judge’s mind.

Persons: Harvey Weinstein’s, Weinstein, ”, “ Sandoval ”, Donald Trump, Judge Juan Merchan, Sandoval, Douglas Wigdor, “, Trump, Stormy Daniels, It’s, Karen McDougal, Trump’s, McDougal, Daniels, Ronan Farrow, Harvey Weinstein, Merchan, Stephen Gillers, ” Gillers, Deborah Tuerkheimer, Madeline Singas, ” Singas, ‘ Sandoval ’, Weinstein judge’s Sandoval, Augustin Sandoval, Jean Carroll, Tuerkheimer, Merchan’s, he’s, ” Tuerkheimer, Arthur Aidala, Aidala, ” Aidala, “ Harvey, Gillers, –, won’t Organizations: CNN, New, Trump, Molineux, New York University, Northwestern University, ” Prosecutors, Weinstein Locations: New York, Manhattan, Weinstein’s

Without saying so specifically, the upshot from Trump’s attorney was that the Trump deals followed a pattern that bordered on extortion. The upshot from Trump’s attorney was that the Trump deals followed a pattern that bordered on extortion. After the lunch break, Trump attorney Susan Necheles said Trump’s legal team feels the gag order is ambiguous about whether Trump can repost article written by lawyers analyzing the trial. During Tuesday’s session, Davidson testified that he ended up getting involved with the Daniels deal because Cohen was being so difficult. “The moral of the story was: No one wanted to talk to Cohen,” Davidson said.

Persons: Donald Trump’s, Stormy Daniels, ” Trump, Emil Bove, Keith Davidson, – Hulk Hogan, Lindsay Lohan, Charlie Sheen, Tila Tequila –, Davidson, Michael Cohen, Daniels, Judge Juan Merchan, Trump, Karen McDougal, Bove, Cohen, McDougal, ” Davidson, Hulk Hogan, “, ”, Hogan, ” Bove, Joshua Steinglass, ” Merchan, Merchan, Chris Conroy, David Pecker, “ He’s, ” Conroy, Conroy, Trump “, Todd Blanche, Blanche, Susan Necheles, “ I’m, Trump’s, ’, ’ ” Cohen, Daniels “, they’d, ” Prosecutors, Daniels ’, Witnesses, Michael Cohen Davidson, Cohen –, –, ‘, I’m, I’ve, ’ ” Davidson, Cohen’s, Pecker, he’s, Hunt Organizations: CNN, Trump, AMI, Bove, Democratic, ” Locations: Washington

☆ A Trump SEC would aim to reverse climate disclosure rule, ratchet up ESG fights, sources say
▼ + stars: | 2024-05-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

An initial target of the SEC under a second Trump administration would be to roll back the new climate disclosure rules, these people explained. Gensler and the SEC adopted a rule in March requiring large publicly traded companies to disclose their levels of greenhouse gas emissions. Gensler argues greenhouse gas emission levels and other climate related data have a material impact on businesses, and investors deserve to know this information. But an SEC chaired by a Trump appointed Republican would likely remove these Biden-era disclosure requirements, these people said. The prospect of a Trump pullback on the SEC's climate disclosure rules is also tied to the former president's dislike of environmental, social and governance investment standards, some of these people explained.

Persons: Donald Trump, Gary Gensler, Trump, Joe Biden, Gensler, Biden Organizations: The Securities, Exchange Commission, SEC, Trump, Republican, CNBC Locations: Freeland , Michigan, U.S

The American right’s growing embrace of Orbán builds upon millions of dollars that his government has spent on lobbying in the US, and new connections between Hungarian and American conservative think tanks. “Make America great again, make Europe great again!” Orbán declared in English, before continuing in Hungarian: “Go Donald Trump! Conservatives from around the US, Europe and beyond traveled to Budapest for the two-day event, which was organized by a Hungarian government-funded think tank. Two American nonprofits that are actively planning policies for a second Trump term have shown an interest in Hungary and Orbán’s model. But some of the American conservatives who flew into the country for CPAC seemed more focused on the optics of Budapest than on democratic rights.

Persons: crackdowns, “, Viktor Orbán, Orbán, Donald Trump’s, ” Orbán, Donald Trump !, ” Trump, ”, Trump, Steve Bannon, President Trump, Gladden Pappin, Szilard Koszticsak, White, ” Pappin, “ saviors, Bannon, Kari Lake, Mark Meadows, Andy Harris, Zoltan Mathe, Paul Gosar, Christopher Rufo, István, Ron DeSantis, Trumpists, Kim Lane Scheppele, Orbán’s, Zsuzsanna Szelényi, ” Szelényi, Márton Gulyás, influencers strode, Joey Mannarino, ” Kyung Lah, Anna, Maja Rappard, Casey Tolan, Curt Devine Organizations: Hungary CNN —, Republican, Conservative, Trump, European Union, Hungarian Institute of International Affairs, Conservative Political, “ Conservative, White House, ”, Republican Arizona, CNN, Department of Justice, Southern Poverty Law, Heritage Foundation, America, Policy Institute, Institute, Florida Gov, Princeton Locations: Budapest, Hungary, American, Europe, Lago, Dallas, America, Hungarian, Arizona, United States, Paul Gosar of Arizona, Florida, “ Hungary, marveled, New York, Washington

☆ 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

☆ Opinion: If Trump wins, I might leave America for good
▼ + stars: | 2024-05-01 | by ( David A. Andelman | ) edition.cnn.com time to read: +9 min

In a growing number of cases, that reason can be traced to one proximate source — former President Donald Trump. Or more precisely — how he has torn apart America and our democracy that, for my nearly 80 years on this planet, I have cherished. To be sure, there are reasons for Americans to make the move beyond the prospects of a second Trump presidency. “There’s a feeling of safety that you have and a feeling of belonging in Mexico,” Kahn continued. But as a good American I went, ‘no, I don’t want to go to the hospital.

Persons: David A, CNN Paris CNN — I’ve, Donald Trump, Pamela, “, ‘, ’ ”, Adrian Leeds, Adrian, we’ve, ” Leeds, “ It’s, it’s, ” Patricia Casaburi, they’ve, ”, ” Tony Kahn, ” Kahn, Kahn, Gordon Kahn, J, Edgar Hoover, “ I’m, I’m, I’ve, he’s, Trump, Daniel Tostado, Skyler Schmanski, He’d, Schmanski, ’, ” Schmanski, Giorgia Meloni, you’re, Casaburi Organizations: CNN, French Legion of, The New York Times, CBS News, CNN Paris CNN, Adrian Leeds Group, Citizen Solutions, Trump, PBS, NPR, America, Hollywood, FBI, Mexico City, Global Citizens Solutions Locations: Europe, Asia, Paris, France, Seine, Tuileries, America, London, Dubai, Mexico City, Mexico, ” Paris, Marseilles, American, Spain, Portugal, Greece, Italy, Brazilian

☆ Markets will rebel if Trump or any president tries to control the Fed, Harvard economist says
▼ + stars: | 2024-04-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Markets would resist executive influence over the Federal Reserve, Kenneth Rogoff told Bloomberg TV. Inflation expectations would jump while the dollar would tank, the Harvard professor said. Donald Trump allies have reportedly been brainstorming ways for him to exert more influence over the Fed, if elected. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementPolitical attempts to influence the Federal Reserve won't go over well with markets, Harvard's Kenneth Rogoff said.

Persons: Kenneth Rogoff, Donald Trump, —, Harvard's Kenneth Rogoff Organizations: Federal Reserve, Bloomberg, Service, Reserve, Business

CNN —New York Judge Juan Merchan has fined former President Donald Trump for repeatedly violating the gag order in the hush money trial. Merchan ruled Trump violated the gag order nine times for criticizing expected trial witnesses in posts on social media and his campaign page. Reposts are endorsements, judge saysIn last week’s hearing on gag order violations, Trump’s defense argued that reposts of other people’s words do not violate the gag order and that the posts represent protected political speech in response to attacks. Second, Merchan acknowledged that the gag order does allow Trump to respond to political attacks, but said criticisms of key witnesses were not allowed. This is the first sanction against Trump for violating the gag order in this case.

Persons: Juan Merchan, Donald Trump, Merchan, Trump, “, ” Trump, ” Merchan, ’, ”, Prosecutors, Michael Cohen, Stormy Daniels, Todd Blanche, Cohen, David Pecker Organizations: CNN, New, Trump, Truth, Prosecutors, AMI, New York Locations: New York, New York State

☆ Trump 2.0 would be destructive for the economy, as the former president embraces 'crank' doctrine and economic fantasy, Paul Krugman says
▼ + stars: | 2024-04-30 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Blame the former president's "quack" economic policy and his tendency to deny reality, according to Nobel economist Paul Krugman. Similar "destructive" policies could be re-enacted in the US if Trump is re-elected in November, Krugman said. AdvertisementSome of Trump's economic policies during his presidency were flawed, Krugman said. If re-elected, Trump has said he plans on cracking down on immigration and imposing tariffs on US imports, especially those from China. "What's really worrisome, however, are indications that a future Trump regime would manipulate monetary policy in pursuit of short-run political advantage, justifying its actions with crank economic doctrines ...

Persons: —, Paul Krugman, Krugman, Trump, he's, that's, Nouriel Roubini Organizations: Service, The New York Times, Business, Federal Reserve, Trump Locations: China, stoke

☆ Donald Trump just got another $1.8 billion worth of Trump Media stock
▼ + stars: | 2024-04-30 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media & Technology Group disclosed the windfall for Trump in a filing Tuesday, saying the former president has received another 36 million shares in the company. That bonus, known as “earnout” shares, was triggered by the company’s share price staying above certain levels. Trump now holds an even more dominant stake in Trump Media, amounting to 114.75 million shares, or 64.9% of the total outstanding. Even though Trump Media plunged since late March, it never came close to breaching levels that would have threatened this bonus.

Persons: Donald Trump, “, Trump Organizations: CNN, Truth Social, Trump Media & Technology Group, Trump, Trump Media, SEC

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