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☆ Dollar up as data highlights US economic resilience; yen slumps
▼ + stars: | 2023-09-22 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The data comes on the heels of disappointing data from Europe, which showed that economic activity in France fell much more quickly than expected in September. Separate survey data covering the whole euro zone showed that the economy likely contracted in the third quarter. The yen dropped as low as 148.42 to the dollar, nearing the 150-mark at which analysts have said government intervention to prop up the currency is likely. BOJ maintains ultra-low interest ratesMeanwhile, sterling was 0.47% lower at $1.2237 after data showed that the UK economy slowed sharply in September and is likely on the brink of recession.

Persons: Florence Lo, Michael Brown, Brown, Michelle Bowman, Kazuo Ueda, we've, Alvin Tan, Shunichi Suzuki, BoE, Saqib Iqbal Ahmed, Harry Robertson, Rae Wee, Sharon Singleton, Matthew Lewis Organizations: U.S, REUTERS, P Global, Federal, Trader, Federal Reserve, Bank of Japan, Asia FX, RBC Capital Markets, Bank of England, Thomson Locations: United States, U.S, Europe, France, Asia, Tokyo, New York, London, Singapore

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The BOJ held interest rates at -0.1% on Friday and reiterated its pledge to keep supporting the economy until it's confident inflation will stay at the 2% target. "We have yet to foresee inflation stably and sustainably achieve our price target," BOJ Governor Kazuo Ueda said in a press conference. The yen dropped as low as 148.42 to the dollar, nearing the 150-mark at which analysts have said government intervention to prop up the currency is likely. It was on track to eke out a weekly increase of around 0.2%, its 10th rise in as many weeks.

Persons: Florence Lo, Kazuo Ueda, we've, Alvin Tan, Shunichi Suzuki, RBC's Tan, Treasuries, Ray Sharma, Ong, Sterling, BoE, Harry Robertson, Rae Wee, Christopher Cushing, Sonali Paul, Christina Fincher Organizations: U.S, REUTERS, Bank of Japan, Federal Reserve, Asia FX, RBC Capital Markets, Japan's Finance, Ministry, Finance, Bank of England, Thomson Locations: SINGAPORE, France, Asia, Tokyo, London, Singapore

☆ Schiele drawings stolen by Nazis have been returned to their former owner’s heirs more than 80 years later
▼ + stars: | 2023-09-20 | by ( Scottie Andrew | ) edition.cnn.com time to read: +4 min

CNN —During a ceremony and press conference Wednesday in New York, seven drawings by the Austrian expressionist Egon Schiele were returned to the heirs of their former owner, Fritz Grünbaum, whose art collection was stolen by the Nazis during World War II. His routines, which often openly derided Nazism and Hitler, were eventually banned, and Nazis arrested Grünbaum in 1938. His wife, Elisabeth, was later forced to turn over her husband’s art collection — which Bragg said Wednesday included “hundreds of pieces” — to the Nazis. Grünbaum’s collection included “I Love Antithesis,” a colorful watercolor painting of the artist, and “Girl Putting on Shoe,” which was previously held by MoMA. Earlier this week, additional Schiele pieces were “seized” from three US museums amid other efforts to reunite Grünbaum’s collection, though they currently remain at the museums pending further investigation.

Persons: Egon Schiele, Fritz Grünbaum, “, ”, Attorney Alvin Bragg, Jr, Nazism, Hitler, Grünbaum, Elisabeth, Bragg, Timothy Reif, ” Bragg, Edith, Grünbaum’s, they’d, Ronald Lauder, Reif, ” Reif, Hitler’s Organizations: CNN, Manhattan District, Attorney, MoMA, Nazi, Holocaust Memorial Museum, Morgan Library, Santa Barbara Museum of Art, Fischer Foundation, New York Times Locations: New York, Austrian, Jewish Austrian, Vienna, Dachau, Germany, Minsk, Belarus, Schiele, Swiss, California

REUTERS/Lee Jae-Won/File Photo Acquire Licensing RightsLONDON/SINGAPORE, Sept 18 (Reuters) - The U.S. dollar hovered near a six-month high on Monday as traders looked ahead to interest rate decisions this week from the Federal Reserve, the Bank of England and the Bank of Japan. the yen was up a similar amount at 147.69 to the dollar, with traders out for a Japanese public holiday. Traders were looking towards central bank decisions later in the week which could shake up the currency market. Investors expect the Federal Reserve to keep interest rates on hold in the 5.25% to 5.5% range on Wednesday. The European Central Bank raised interest rates to 4% last week, but said this hike could be its last.

Persons: Lee Jae, Alvin Tan, RBC's Tan, Kazuo Ueda, Ueda's, Carol Kong, Ueda, Sterling, BoE, Harry Robertson, Vidya Ranganathan, Lincoln, Bernadette Baum, Alexander Smith Organizations: REUTERS, U.S, Federal Reserve, Bank of England, Bank of Japan, Asia FX, RBC Capital Markets, Traders, Investors, Bank of, Commonwealth Bank of Australia, European Central Bank, Thomson Locations: Seoul, SINGAPORE, U.S, Asia, Europe, China, Bank of England, Ukraine, London, Singapore

☆ What Happens When Wall Street Buys Most of the Homes on Your Block?
▼ + stars: | 2023-09-16 | by ( Ronda Kaysen | Ella Koeze | ) www.nytimes.com time to read: +21 min

Alvin and Patricia Maisonet bought their house in Bradfield Farms almost a decade ago. Bradfield Farms fit the bill: It is in an area that, in 2020, was 35 percent Black and 11 percent Latino, according to census data. Tarchia Barber chose to rent in Bradfield Farms because of the neighborhood’s rural feel. The RentersTarchia Barber liked the rural feel of Bradfield Farms, with cul-de-sacs and shady streets surrounded by farmland and woods. A school bus drops off students in Bradfield Farms, a quiet neighborhood where parents say their children often roam freely.

Persons: Ronda Kaysen, Ella Koeze, Logan Cyrus Sept, “, Alvin Maisonet, Maisonet, Patricia Maisonet, Joggers, ”, Alvin, Kelli Enos, Cash, can’t, Laurie Goodman, “ Covid, David Howard, Keith R, Madeline Bankson, They’re, Jessica Moreno, Tarchia Barber, Barber, He’d, Nikki Sloup, Sloup, Becky Johnson, didn’t, Johnson, Jesus ”, Greg McBride, Hall, Brandon Little, Keller Williams, Bradfield, “ We’ve, Jade Rahmani, Keefe, “ It’s, ” Mr, Rahmani, Enos, ” Dana Hartness, James M, Hasty, Ms, Lisa Damas, Kasey, Jim Sylvester, Sylvester, Hartness, —, — she’s, Dana Hartness, She’s Organizations: →, HomeRiver, Investor, Vegas, Kansas City, Antonio, Houston, Investors, New York Times, Homeowners, “, Bradfield Farms, Charlotte Airport, NORTH, NORTH CAROLINA, SOUTH, CAROLINA SOUTH, Bradfield, Housing Finance, Center, Urban Institute, National Rental Home, Rentals, Florida State University, Equity, Bankrate.com, Sheree, Nationwide, Facebook, Mecklenburg Police Locations: Ronda, Charlotte, N.C, Bradfield Farms, Bradfield, Paterson , N.J, United States, ATTOM, Atlanta, Phoenix, Memphis, Birmingham, Ala, Orlando, Fla, Jacksonville, Tampa, Kansas, Mo, NORTH CAROLINA, CAROLINA SOUTH CAROLINA, “, American, North Carolina, New Jersey, Peru

☆ Dollar steady as U.S. inflation data awaited, yen retraces gains
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: +3 min

More broadly, the dollar held firm, though moves were subdued as traders awaited a closely watched U.S. inflation reading due later on Wednesday. Analysts attributed the slide to an unwinding of long dollar positions after a recent run of resilient U.S. economic data. Wednesday's U.S. consumer price index, or CPI, data for August comes just a week before Federal Reserve officials gather to decide on interest rate policy. "In recent months, European inflation, core inflation in particular, has fallen more slowly than expected. "The high inflation rate warrants another rate hike, but the economic indicators ... signal that a recession is imminent."

Persons: Kazuo Ueda, Alvin Tan, Ueda, Hiroshige Seko, Sterling, CME's, Tina Teng Organizations: Bank of Japan, Asia FX, RBC Capital Markets, Federal Reserve, U.S, Fed, CMC Markets, European Central Bank, Reuters, ECB, Rabobank Locations: U.S, Asia

Eric Ulrich rose through the ranks of city government with modest momentum, first elected as a city councilman before Mayor Eric Adams appointed him a senior adviser and, finally, his commissioner of the Department of Buildings. At each stop, prosecutors with the Manhattan district attorney’s office said on Wednesday, he used his positions to benefit friends and associates, and harvested more than $150,000 for himself. They said he reaped New York Mets season tickets, a custom suit, a painting by an apprentice of Salvador Dalí and cash for gambling. The district attorney, Alvin L. Bragg, said in a statement that Mr. Ulrich had accepted or solicited the bribes over just two years. And a court filing said that Mr. Ulrich had engaged in conduct antithetical to his oath of office “on an almost daily basis.”“At every possible turn,” Mr. Ulrich used his taxpayer-funded positions “to line his pockets,” Mr. Bragg’s statement said.

Persons: Eric Ulrich, Eric Adams, Salvador Dalí, Alvin L, Bragg, Ulrich, Mr, Eric Ulrich’s, ” Organizations: of Buildings, New York Mets Locations: Manhattan, City of New York

☆ Dollar steady ahead of key US inflation data, yen retraces gains
▼ + stars: | 2023-09-13 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

In the broader currency market, the dollar stood firm, though moves were subdued as traders stayed on guard ahead of the closely-watched U.S. inflation reading out later on Wednesday. Wednesday's U.S. consumer price index (CPI) data for August comes just a week before Federal Reserve officials gather to decide on interest rate policy. While the central bank is largely expected to keep rates on hold at next week's meeting, according to CME's FedWatch Tool, the Fed's next move in November remains more uncertain. "In recent months, European inflation, core inflation in particular, has fallen more slowly than expected. "The high inflation rate warrants another rate hike, but the economic indicators ... signal that a recession is imminent."

Persons: Dado Ruvic, Kazuo Ueda, Alvin Tan, Ueda, Hiroshige Seko, Sterling, CME's, Tina Teng, Brigid Riley, Shri Navaratnam Organizations: REUTERS, Rights, Bank of Japan, Asia FX, RBC Capital Markets, Federal Reserve, U.S, Wednesday's, Fed, CMC Markets, European Central Bank, Reuters, Rabobank, Thomson Locations: U.S, Asia, Wednesday's U.S

Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. "It seems that Ueda's comments were intended to stop the yen's slide against the dollar," said Takehiko Masuzawa, trading head at Phillip Securities Japan. Christopher Wong, a currency strategist at OCBC, attributed the dollar's slide to traders "lightening up" on their long dollar positions ahead of the data. Against the weaker U.S. dollar, the Aussie and the New Zealand dollar were among the biggest beneficiaries, each rising more than 0.5%. The Australian dollar was last 0.6% higher at $0.64165, while the kiwi gained 0.52% to $0.5914.

Persons: Florence Lo, Kazuo Ueda stoked, Ueda, Takehiko, Sterling, Christopher Wong, Alvin Tan, Matt Simpson, Rae Wee, Junko Fujita, Sam Holmes, Christopher Cushing Organizations: U.S, REUTERS, Rights, Bank of Japan, Yomiuri, Federal Reserve, Phillip Securities Japan, British, Fed, Treasury, Asia FX, RBC Capital Markets, Index, Aussie, New Zealand, Thomson Locations: Rights SINGAPORE, Japan, Asia, United States, U.S, Singapore, Tokyo

☆ Yen jumps on Ueda's remarks, dollar tentative ahead of U.S. inflation print
▼ + stars: | 2023-09-11 | by ( ) www.cnbc.com time to read: +3 min

A sheet of newly-designed Japanese 10,000 yen banknotes at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 28, 2023. Ueda told the Yomiuri newspaper in an interview that the BOJ could have enough data by year-end to determine whether it can end negative rates. "Ueda is laying the foundations for an exit from negative interest rates, and he is giving plenty of notice," said Matt Simpson, senior market analyst at City Index. The dollar index , which capped last week with eight straight weeks of gains, its longest run since 2014, dipped slightly to 104.84. The Australian dollar , often used as a liquid proxy for the yuan, rose 0.29% to $0.6397, while the New Zealand dollar edged 0.28% higher to $0.5900.

Persons: Kazuo Ueda stoked, Ueda, Matt Simpson, Alvin Tan, Index's Simpson Organizations: National Printing Bureau, Bank of Japan, Yomiuri, Federal Reserve, British, Sterling, Fed, U.S, Treasury, Asia FX, RBC Capital Markets, New Zealand Locations: National Printing Bureau Tokyo, Tokyo, Japan, U.S, Asia, United States

☆ Buoyant dollar on course for its longest weekly winning streak since 2014
▼ + stars: | 2023-09-08 | by ( ) www.cnbc.com time to read: +3 min

The dollar was headed for its longest weekly winning streak in nine years on Friday, bolstered by a resilient run of U.S. economic data that has also put the end of the Federal Reserve's rate-hike cycle into question. The U.S. dollar index , which measures the greenback against its major peers, steadied at 105.02 in early trade, not far from the previous session's six-month high of 105.15. Sterling similarly languished near Thursday's three-month low and last bought $1.2484, set to clock a weekly loss of more than 0.8%. It is on track for a weekly loss of nearly 1% against the dollar, its worst week in about a month. The Australian dollar , often used as a liquid proxy for the yuan, was last 0.07% higher at $0.6381, but eyed a weekly loss of more than 1%.

Persons: Ray Attrill, Sterling, Alvin Tan Organizations: U.S, National Australia Bank . Data, Asia FX, RBC Capital Markets, New Zealand, of Japan's Locations: Asia, U.S, Germany, Europe's, Europe, Thursday's, United States

One of those cases, a civil trial in New York, threatens to cripple the former president's company, the Trump Organization . James is seeking $250 million in damages in the civil case. In July, the U.S. Department of Justice dropped a nearly three-year effort to protect Trump from civil liability in the suit. In May, three of Trump's children, Donald Trump Jr., Eric Trump, and Ivanka Trump, were dismissed as defendants from the case after Kaplan proposed that move. The payments were made shortly before the 2016 presidential election, in which Trump defeated Democratic nominee Hillary Clinton.

Persons: Donald Trump, Trump, Joe, Letitia James, Donald Trump Jr, Eric Trump, James, Kenneth Chesebro, Joe Biden, Trump's, Mark Meadows, Rudy Giuliani, Fani Willis, Willis, Sidney Powell, Jean Carroll, Carroll, Judge Lewis Kaplan, videophone, Roberta Kaplan, Ivanka Trump, Kaplan, Donald J, Jack Smith, unindicted, Smith, Tanya Chutkan, Stormy Daniels, Karen McDougal, Hillary Clinton, Michael Cohen, Alvin Bragg's, Cohen, Bragg, Walt Nauta, Carlos De Oliveira —, Nauta, De Oliveira Organizations: U.S, Atlanta Hartsfield, Jackson International Airport, GOP, Convention, Trump Organization, District of Columbia, DOJ, FBI, New York, Court New, Trump, Fulton County Superior Court, Fulton, Republican, Carroll, U.S . Department of Justice, Iowa, American Communications Network, Washington , D.C, Biden, Manhattan, Democratic, Daniels, Beach, White, Republican National Locations: Atlanta , Georgia, Milwaukee ., New York, Manhattan, Georgia, Atlanta, Fulton County, Washington ,, York, Fort Pierce , Florida

State law would still apply if the case is moved to federal court. The federal officer removal law protects people from state prosecution for carrying out official federal duties. It says that if a person were carrying out duties placed on them by federal law, they cannot be prosecuted for committing a state crime. Legal experts said Jones could allow the case to proceed in federal court and address immunity at a later hearing. If he determines immunity did not apply to the accused actions, the jury trial would take place in federal court, with the broader jury pool.

Persons: Mark Meadows, Al Drago, Donald Trump, Trump's, Meadows, firebrand Marjorie Taylor Greene, Joe Biden, —, Jeffrey Clark, Trump, Eric Segall, Fani Willis, Willis, Georgia's, Alvin Hellerstein, Steve Jones, Josh Blackman, Jones, Tom Hals, Noeleen Walder, Amy Stevens, Stephen Coates Organizations: White, REUTERS, Fulton County Superior Court, Trump, Department of Justice, Republican, Northern District of, Georgia State College of Law, Miami . Fulton, Prosecutors, U.S, U.S . Constitution, Circuit, Appeals, District, South Texas College of Law, Thomson Locations: Washington , U.S, Fulton County, Meadows, Shafer, Northern District, Northern District of Georgia, New York, Washington, Miami ., Miami . Fulton County, Georgia, United States, U.S ., Manhattan's, Atlanta, Wilmington , Delaware

☆ US judge to set trial date for Trump over efforts to overturn 2020 election
▼ + stars: | 2023-08-28 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +4 min

Trump, who on Thursday appeared at a Georgia jail to face state criminal charges of trying to overturn his defeat there, is not expected to attend Monday's hearing. Trump has previously lashed out at U.S. District Judge Tanya Chutkan, saying, without evidence, that she is biased against him. In Georgia, where Trump faces racketeering and other state charges related to his alleged efforts to overturn his 2020 presidential election defeat there, District Attorney Fani Willis has asked the court to set a March 4, 2024 date. Last week, a judge agreed to set a trial date of Oct. 23 for Trump co-defendant, attorney Kenneth Chesebro, after he requested a speedy trial. The judge has not yet set a trial date for the other defendants, though Sidney Powell, an attorney who advised Trump and promoted false fraud claims after the election, has also requested a speedy trial.

Persons: Donald Trump, Evelyn Hockstein, Donald Trump's, Jack Smith, Democrat Joe Biden, Trump, Tanya Chutkan, Chutkan, Leo Tolstoy's, Fani Willis, Kenneth Chesebro, Sidney Powell, Attorney Alvin Bragg, Smith, Sarah N, Lynch, Scott Malone, Bill Berkrot Organizations: Fair, REUTERS, Rights, Washington , D.C, Trump, Democrat, U.S, Washington, House, Attorney, White, Thomson Locations: Iowa, Des Moines , Iowa, U.S, Washington ,, Georgia, New York, Manhattan, Florida, New York , Florida, Washington

☆ Opinion | Republican Voters Aren’t Looking to Be Rescued From Trump
▼ + stars: | 2023-08-28 | by ( Kristen Soltis Anderson | ) www.nytimes.com time to read: +2 min

But by the end of the spring 2023, following the Manhattan district attorney Alvin Bragg’s indictment of Mr. Trump and Mr. DeSantis’s rocky entrance into the presidential race, not only had Mr. Trump regained his lead, he had expanded upon it. In our focus group of 11 Republican voters in early primary states this month, Times Opinion recruited a range of likely primary voters and caucusgoers to weigh in on the state of the race. Not a single participant thought that Mr. Trump — or any Republican, really — would lose to Mr. Biden. Only 9 percent of likely Republican primary voters think Mr. Trump is a “long shot” to beat Mr. Biden, and more than six in 10 think Mr. Trump is a sure bet against Mr. Biden. Additionally, only 14 percent of Republican primary voters who are considering a Trump alternative said they were doing so because they worried Mr. Trump couldn’t win.

Persons: Ron DeSantis, Donald Trump, ”, Trump, Alvin Bragg’s, Mr, DeSantis, Donald Trump won’t, Joe Biden, Biden Organizations: Republican, Mr, CBS News Locations: Florida, Manhattan

☆ Analysis: Trump allies' push to move Georgia subversion trial could mean delays
▼ + stars: | 2023-08-25 | by ( Tom Hals | Thomson Reuters | Tom Hals Is An Award-Winning Reporter With Years Of Experience Working In Asia | ) www.reuters.com time to read: +6 min

No defendants have entered a plea in the Georgia case. The federal officer removal law protects people from state prosecution for carrying out official federal duties. Legal experts said the accused acts in the Georgia case are more plausibly related to official duties than the hush money payments in the New York case. Legal experts said Jones could allow the case to proceed in federal court and address immunity at a later hearing. If he determines immunity did not apply to the accused actions, the jury trial would take place in federal court, with the broader jury pool.

Persons: Donald Trump, Ray Smith, Rudy Giuliani, Jenna Ellis, Sidney Powell, Cathy Latham, Trump's, Mark Meadows, Meadows, firebrand Marjorie Taylor Greene, Joe Biden, Jeffrey Clark, David Shafer, Trump, Eric Segall, Fani Willis, Willis, Georgia's, Alvin Hellerstein, Steve Jones, Josh Blackman, Jones, Tom Hals, Noeleen Walder, Amy Stevens, Stephen Coates Organizations: Trump, Georgia Republican, Fulton County Superior Court, of Justice, Republican, Northern District of, Georgia State College of Law, Miami . Fulton, Prosecutors, U.S, U.S . Constitution, Circuit, Appeals, District, South Texas College of Law, Thomson Locations: Georgia, Fulton County, Meadows, Shafer, Northern District, Northern District of Georgia, New York, Washington, Miami ., Miami . Fulton County, United States, U.S ., Manhattan's, Atlanta, Wilmington , Delaware

P01135809, according to Fulton County Jail records - was captured glaring at the camera in the mug shot. His campaign website featured the mug shot along with a message from Trump defending his actions and asking for donations. TRIAL DATE WRANGLINGWillis originally proposed a trial date of March 4 but moved it up for Chesebro after he asked that his trial start by October. In the Georgia case, Willis has requested that arraignments begin the week of Sept. 5, though defendants in Georgia are permitted to waive those appearances and plead not guilty via court filing. Trump agreed to post $200,000 bond and accepted bail conditions that would bar him from threatening witnesses or his co-defendants in the Georgia case.

Persons: Meadows, Donald Trump's, president's, unsmiling Trump, Trump, Elon Musk, Joe Biden, Marjorie Taylor Greene, Lyle Rayworth, Rayworth, MONA LISA, Mona Lisa, Laura Loomer, Donald Trump, mugshot, Scott McAfee, Kenneth Chesebro, Fani Willis, Rudolph Giuliani, Jenna Ellis, Mark Meadows, Willis, Steven Sadow, arraignments, Attorney Alvin Bragg, Jack Smith, Bragg, Trump's, Tucker Carlson, I've, Carlson, Rich McKay, Jack Queen, Eric Beech, Costas Pitas, David Ljunggren, Jacqueline Thomsen, Kanishka Singh, Rami Ayyub, Andy Sullivan, Joseph Ax, Will Dunham, Scott Malone, Daniel Wallis, Howard Goller Organizations: Trump, White House, U.S, Capitol, Hartsfield, White, Republican Party, Republican, Democratic, Georgia U.S, Former U.S, Sheriff's, Fulton County Sheriff's, New, U.S . Justice Department, Chesebro, Manhattan, Attorney, . House, Thomson Locations: ATLANTA, Atlanta, U.S, Georgia, Fulton County, New Jersey, Jackson, Fulton, Atlanta , Georgia, New York, Washington, Miami, Milwaukee

That trial date will not necessarily apply to Trump or the other 17 defendants. Rudolph Giuliani, the former New York mayor, was stone-faced in his mug shot while lawyer Jenna Ellis smiled. TRIAL DATE WRANGLINGWillis originally proposed a trial date of March 4, but moved it up after Chesebro asked that his trial start by October. Trump is due to enter a plea on Sept. 5 and has pleaded not guilty in the other three other cases. About a dozen Trump supporters, some holding flags, gathered outside the jail awaiting his arrival.

Persons: Donald Trump, Evelyn Hockstein, Trump, Meadows, president's, Trump's, Scott McAfee, Kenneth Chesebro, Fani Willis, Joe Biden, Al Capone, Frank Sinatra, Mona Lisa, Laura Loomer, Rudolph Giuliani, Jenna Ellis, Mark Meadows, Willis, Chesebro, Steven Sadow, Attorney Alvin Bragg, Jack Smith, Bragg, Bob Kunst, Tucker Carlson, I've, Jack Queen, Jacqueline Thomsen, Kanishka Singh, Rami Ayyub, Andy Sullivan, Will Dunham, Scott Malone, Howard Goller Organizations: Fair, REUTERS, White House, Trump, Republican, Democratic, New, Manhattan, Attorney, Federal Aviation Administration, U.S . Justice Department, Republicans, . House, Miami Beach, Thomson Locations: Iowa, Des Moines , Iowa, U.S, Georgia's Fulton County, ATLANTA, New Jersey, Atlanta, Georgia, Bedminster , New Jersey, Fulton, Jail, Fulton County, Manhattan, New York, Atlanta , Georgia, Lowlife, Washington, Miami, Milwaukee

It will be a more popular image than the Mona Lisa," said Laura Loomer, 30, a Republican former congressional candidate who mingled with other Trump supporters outside the jail on Thursday morning. In the Georgia case, Trump faces 13 felony counts including racketeering, which is typically used to target organized crime, for pressuring state officials to reverse his election loss and setting up an illegitimate slate of electors to undermine the formal congressional certification of Biden's victory. Trump, 77, is due to enter a plea in the Georgia case on Sept. 5 and has pleaded not guilty in the other three other cases. Trump has agreed to post $200,000 bond and accepted bail conditions that would bar him from threatening witnesses or his 18 co-defendants in the Georgia case. 'I'M APPALLED'About a dozen Trump supporters, some holding flags, gathered outside the jail awaiting his arrival.

Persons: Donald Trump, Evelyn Hockstein, Trump, Joe Biden, Al Capone, Frank Sinatra, Mona Lisa, Laura Loomer, Fani Willis, Rudolph Giuliani, Jenna Ellis, Attorney Alvin Bragg, Jack Smith, Steve Sadow, Willis, Bragg, Bob Kunst, Trump's, Tucker Carlson, I've, Biden, Jack Queen, Andy Sullivan, Will Dunham, Scott Malone, Howard Goller Organizations: Fair, REUTERS, Rights, Republican, Democratic, Trump, Mafia, Manhattan, Attorney, Federal Aviation Administration, U.S . Justice Department, Republicans, . House, Miami Beach, U.S, Capitol, Authorities, Thomson Locations: Iowa, Des Moines , Iowa, U.S, Atlanta, Georgia, Manhattan, Fulton County, New York, Washington, Miami, Manhattan , Miami, Milwaukee

The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. The government had requested a trial date in December, while Mr. Trump’s lawyers asked for an indefinite postponement. Once he was sworn in as president, Mr. Trump reimbursed Mr. Cohen. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. Ms. Maddock, who has close ties to Mr. Trump and is married to Matt Maddock, a state representative, accused Ms. Nessel of “a personal vendetta.”“This is part of a national coordinated” effort to stop Mr. Trump, she added.

Persons: Donald J, Trump, Trump’s, Jack Smith, Fani, Willis, Mr, Alvin L, Bragg, Rudolph W, Giuliani, Mark Meadows, —, “, ” Mr, Brad Raffensperger, Joseph R, Biden, Emily Kohrs, “ You’re, ”, Ms, Smith’s, Smith, Prosecutors, Mike Pence, Walt Nauta, Carlos De Oliveira, De Oliveira, Nauta, ’, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Bragg’s, Juan M, Merchan, “ Trump, Merchan’s, Cyrus R, Vance Jr, Daniels’s, Hope Hicks, Kellyanne Conway, Allen H, Weisselberg, Mimi E, Rocah, Letitia James, James, Donald Jr, Eric, Ivanka Trump, Michigan’s “, Dana Nessel, Meshawn Maddock, Maddock, Matt Maddock, Nessel, Wright Blake, Mayra Rodriguez, Kris Mayes, Richie Taylor, Maggie Haberman, Glenn Thrush, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Mr, Democrat, New, New York City, White House, Department, Georgia Republican Party, Trump, The New York Times, Capitol, Federal, Court, Congress, Justice Department, Mar, Manhattan, National Enquirer, Trump Tower, U.S, National, Trump Organization, Trump National Golf Club Westchester, New York, Civil, Michigan, Michigan Republican Party Locations: Manhattan, Georgia, Fulton County, Lago, New York, United States, Washington, Palm Beach, Fla, Mar, Lower Manhattan, Westchester County, Michigan, Arizona, Bromwich

☆ House Republicans Begin Investigating Willis Before Trump’s Atlanta Booking
▼ + stars: | 2023-08-24 | by ( Luke Broadwater | More About Luke Broadwater | ) www.nytimes.com time to read: +2 min

“Turning first to the question of motivation, it is noteworthy that just four days before this indictment, you launched a new campaign fund-raising website that highlighted your investigation into President Trump,” he wrote. A review of budget documents indicates that most of the office’s funding comes from local government, though prosecutors’ offices often receive at least some federal grant money. It was the latest example of House Republicans allied with Mr. Trump using their power in Congress to try to derail efforts to prosecute him. Mr. Jordan has recommended House Republicans “eliminate any funding for the F.B.I. Mr. Trump now faces 91 felony charges across the four criminal cases against him.

Persons: Trump, ”, Jordan, Alvin L, Bragg, Republicans “ Organizations: Republicans, Mr, Department, D.C Locations: Fulton County, Manhattan, New York, Washington, Alabama

☆ GOP-led House committee launches probe into Trump Georgia election case
▼ + stars: | 2023-08-24 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

The Republican-led House Judiciary Committee opened an investigation into the work of the Atlanta prosecutor who has criminally charged Donald Trump and others with interfering in the 2020 presidential election in Georgia. Trump is due to surrender at an Atlanta jail on Thursday evening to be booked in the case. Eighteen other people, including lawyers who promoted false claims about the 2020 election, also were indicted in the case. Traditionally, the committee's jurisdiction is limited to oversight of federal courts and federal officials. The House Judiciary Committee earlier this year demanded similar information from the office of Manhattan District Attorney Alvin Bragg Jr., who is prosecuting Trump in another criminal case.

Persons: Fani Willis, Donald Trump, Jack Smith, Trump, Jim Jordan, Willis, Jordan, Smith, Joe Biden, Mark Meadows, Attorney Alvin Bragg Jr, Bragg, Stormy Daniels, tweeting, CNBC's Christina Wilkie Organizations: Republican, Atlanta, White, Committee, Attorney, Staff, Pennsylvania, Representatives Locations: Fulton County, Atlanta , Georgia, Georgia, Ohio, Atlanta, Manhattan, New York

☆ US House Republicans launch probe of Atlanta DA in Trump election case
▼ + stars: | 2023-08-24 | by ( David Morgan | ) www.reuters.com time to read: +4 min

"The federal government has a substantial interest in the welfare of former presidents," Jordan wrote in a five-page letter to Willis. "And because this former president is a current candidate for that office, the indictment implicates another core federal interest: a presidential election," Jordan said. The House investigation was disclosed three days after Trump accused Willis on his social media platform of "continuing to campaign, and raise money on, this WITCH HUNT. In the case brought by Willis, Trump was accused of unlawfully pressuring Georgia state officials to reverse his 2020 election loss to Biden in the state. House Republicans have sought to defend Trump in the four cases by alleging that the U.S. justice system has been "weaponized" against him by Biden.

Persons: Fani Willis, Donald Trump, Elijah Nouvelage, Jim Jordan, Trump, Willis, Jack Smith, Jordan, Attorney Alvin Bragg, Bragg, Smith, Joe Biden, Biden, HUNT, Joe Biden's, David Morgan, Will Dunham, John Stonestreet Organizations: REUTERS, Rights, . House, U.S . Justice Department, Attorney, Trump, Republican, Democrat, Justice Department, Joe Biden's DOJ, Biden, House Republicans, Thomson Locations: Fulton County, Atlanta , Georgia, U.S, Georgia's Fulton County, Manhattan, Atlanta, Georgia

☆ China state banks seen mopping up offshore yuan to stem currency weakness
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +3 min

Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. Tightening up offshore yuan liquidity could also act to stabilise the yuan, one of the sources said. Following the state bank move, the offshore yuan rallied and was last trading at around 7.2834 per dollar, up around 0.3% on the day. The cost of shorting the yuan jumped, the state bank sources told Reuters, as seen from sudden rises in offshore yuan tomorrow-next forward points . During London trade, offshore yuan forwards jumped across the board amid signs of yuan liquidity tightness, with several banking sources attributing the liquidity squeeze to the activity by banks.

Persons: Florence Lo, Masayuki Kichikawa, Alvin Tan, Kevin Buckland, Ed Osmond, Angus MacSwan Organizations: REUTERS, Rights, greenback, Sumitomo Mitsui DS Asset Management, Reuters, People's Bank of China, Asia FX, RBC Capital Markets, UBS, Shanghai Newsroom, Thomson Locations: China, London, Asia, Tokyo

☆ Opinion: A powerful weapon for prosecutors is now in the hands of Fani Willis
▼ + stars: | 2023-08-20 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. In the US, prosecutors are given enormous power to apply the law as they see fit, choosing who to charge and what to charge them with. Evidence of their misdeeds can secure convictions and allow for strict sentences that otherwise couldn’t be imposed. Bill Bramhall/Tribune Content AgencyThe 97-page indictment unveiled by Willis last week cites a lot more evidence than could be arrayed against a sandwich served at lunch. “We are the chief law enforcement officers in each jurisdiction, with the weighty power to deprive others of their freedom,” Aronberg observed.

Persons: CNN — Caesar Enrico “ Rico ” Bandello, Caesar, ”, Edward G, Robinson, Rico, Rudolph Giuliani, Fani Willis, Willis, Giuliani, Donald Trump, Sol Wachtler, Bill Bramhall, Jennifer Rodgers, “, Trump, Ruby Freeman, Shaye Moss, Dave Aronberg, Attorney Alvin Bragg, Aronberg, Jack, Smith, ” Aronberg, Trump Walt Handelsman, James Antle III, ” Antle, ” Trump, Biden, Dean Obeidallah, Clay Jones, Tucker Carlson, Ron DeSantis, Lanhee Chen, Joe Biden, DeSantis, David Axelrod, Axelrod, Vivek Ramaswamy, Rich Lowry, “ Ramaswamy, … ”, Lowry, ” Carrie Sheffield, ” Lisa Benson, GoComics.com, ‘, Julian Zelizer, Jeff Zelevansky, Sandra Bullock, Leigh Anne Tuohy, Jill Filipovic, “ it’s, Michael Oher, Sean, Leigh Anne Tuohy —, … Oher, …, Facebook Filipovic, “ Oher, ” Bradley Cooper’s, ’ “, Leonard Bernstein —, Bradley Cooper, ’ —, David M, Perry, Bernstein, Felicia Montealegre, Carey Mulligan, Cooper, ‘ Maestro, ’, Joel Pett, Agency “, Celia Wexler, Joan Meyer, ” Wexler, Don’t, Ric Ward, Sigrid Fry, Alden Wicker, Jay Michaelson, Al Gore, Lauren Hersh, Rebecca Zipkin, David Andelman, Africa —, Michael Coren, Elsie Robinson, UC Berkeley Elsie Robinson, “ Robinson, Allison Gilbert, ” Gilbert, — Organizations: CNN, ”, New, Appeals, New York Daily News, Department, Electoral, Palm, Manhattan, Attorney, “, White House, of Justice, Trump, Agency, GOP, Republicans, Florida Gov, Republican, Fair, Politico, Hawaii, Federal Emergency Management Agency, FEMA, NFL, Oher, Twitter, Netflix, Rican, ” Press, Marion County, Russia, Hearst, San Francisco Examiner, Bancroft Library, UC Berkeley, Google, Smithsonian Locations: Rico, Fulton County, Atlanta, county’s, Georgia, Coffee County, Palm Beach County , Florida, “, Milwaukee, Iowa, GoComics.com Maui, Maui, Delaware, Hawaii, Tennessee, Costa, Rican American, Marion, The Kansas, Revere, Africa

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