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“It’s a huge turning point in our lives,” said Fischer, who was 6 when a gunman killed 20 first graders and six educators at Sandy Hook Elementary School on Dec. 14, 2012. Emma brown, giffords executive directorSince 2013, at least 122 people have been killed by gunfire in 64 planned school shootings, according to NBC News’ tracker. “We were told this would be what turns everything around,” said Emma Ehrens, 18, who was next to the Sandy Hook gunman as he shot her classmates. “It really breaks your heart a little bit more every time.”A memorial site along a road in Sandy Hook after the mass shooting at Sandy Hook Elementary School in Newtown, Conn., in 2012. Since Sandy Hook, states have passed more than 620 gun safety laws, Brown said.
Persons: Grace Fischer, Fischer, It’s, , Henry Terifay, Lilly Wasilnak, Matt Holden, Harris, Lawrence Jackson, Emma Brown, Giffords, Gabby Giffords —, ” Brown, Trump, Emma, giffords, Emma Ehrens, Sandy, Sandy Hook, Lisa Wiltse, Kamala Harris, , you’ve, ” Harris, Ella Seaver, Donald Trump, JD Vance, “ We’ve, they’re, ” Vance, Vance, Biden, JT Lewis, Jesse, ” Lewis, Brown, Joe Biden, Holden, ” Wasilnak Organizations: Sandy Hook Elementary, Sandy Hook Elementary School, White, Las, NBC News, Apalachee High, Johns Hopkins Center for Gun Violence Solutions, Getty, Republican, National Rifle Association, , Federal School Safety Commission, Safer Communities Locations: Sandy, Newtown , Connecticut, U.S, Newtown, Conn, Ohio, Phoenix
Donald Trump allies are worried that the former president’s ties to right-wing activist Laura Loomer could cost him votes in key battleground states. Laura Loomer cannot stay. During the Trump administration, she was banned from some social media platforms for anti-Muslim posts. This does not represent President Trump. The comments were based on a conspiracy theory that originated online and spread throughout far-right circles, including on Loomer’s own social media account.
Persons: Donald Trump, Laura Loomer, Kamala Harris, Harris, , Trump, hasn’t, , Trump’s, Greene, Marjorie Taylor Greene —, MAGA, Herschel Walker, Brian Kemp, Walker, Democratic Sen, Raphael Warnock, Warnock, Roy Cooper, Mark Robinson, won’t, ” Trump, Karoline Leavitt, Laura, Laura — she’s, ” Loomer, Loomer, , there’s, influencer, Sen, Lindsey Graham of, Graham Organizations: NBC News, American Hindu Coalition, , Trump, Republican Gov, Democratic, Democratic Gov, Republican, Gov, Georgia Republican, Radical Left Marxists, NBC, Greene of Georgia Locations: United States, Georgia, North Carolina, America, Pennsylvania, Michigan, California, Loomer, Greene of, Lindsey Graham of South Carolina, Philadelphia, Ohio
But increasingly concerned Republicans fear the Trump team is firing blanks. So I just think that’s super overblown criticism by people who don’t know what they’re talking about.”‘Some groups are better than others’Concerns over Republican field efforts are nothing new. Large-scale conservative canvassing efforts, these Republicans explained, were plagued with issues including fraudulent and untrustworthy data entries. The senior Trump campaign official said the campaign was not caught off guard by Turning Point having a more limited scope, saying it has been working closely with the organization. “You gotta remember, Donald Trump got more votes for a sitting president than ever before in history,” this person said.
Persons: Donald Trump’s, Trump, , Kamala Harris ’, “ Local Republicans aren’t, they’re, Elon, James John Liautaud, Jimmy John’s, Shaun Maguire, Douglas, Ron DeSantis ’, Generra Peck, Phil Cox, there’s, it’s, … I’ve, Semafor, , ” Andrew Kolvet, Michael Whatley, Harris, Joe Biden, ” Sen, Steve Daines, Kamala Harris, ” Whatley, GOTV, isn’t, Donald Trump Organizations: Republican National Committee, Trump, Federal, Commission, RNC, Republican, “ Local Republicans, America PAC, FEC, Sequoia Capital, GOP, Gov, New York Times, NBC, , NBC News, House Republicans, National Republican Senatorial, Democrats ’ Senate, , Republicans Locations: Iowa, Douglas Leone, Arizona, Wisconsin, Michigan, Nevada, Georgia
CNN —Republican vice presidential candidate JD Vance on Sunday reiterated false claims about Haitian immigrants eating the pets of residents in Springfield, Ohio. “The American media totally ignored this stuff until Donald Trump and I started talking about cat memes. I say that we’re creating a story, meaning we’re creating the American media focusing on it. Absolutely not,” DeWine said on ABC’s “This Week” when asked if he’d seen any evidence of immigrants eating pets. DeWine acknowledged that Springfield was having some issues adjusting to the influx of mostly Haitian immigrants through the federal immigration program, but he said officials were working on them.
Persons: Vance, CNN’s Dana, ” Vance, Donald Trump, Bash, , Kamala Harris, Mike DeWine, ” DeWine, he’d, , Rob Rue, DeWine, Springfield, Dana, CNN’s Chris Boyette Organizations: CNN, Republican, Union, Ohio Gov, Springfield, ABC Locations: Springfield , Ohio, “ State, Springfield, Clark County, Haiti, United States, Ohio
Here are 19 stocks that will do best if Republicans sweep, and 19 others to buy if Democrats win. Go to newsletter preferences Thanks for signing up! Either Donald Trump will take back the Oval Office, or Vice President Kamala Harris will get the promotion of a lifetime. Throughout 2024, Business Insider has rounded up ideas about the intersection of the election and markets from firms like Bernstein, Goldman Sachs, and Barclays, plus investing legends like Steve Eisman. This story is available exclusively to Business Insider subscribers.
Persons: Donald Trump, Kamala Harris, , Bernstein, Goldman Sachs, Steve Eisman Organizations: Service, Republican, Democratic, Barclays, Business
Read previewSen. JD Vance on Sunday again claimed that Haitian immigrants were eating local pets in Springfield, Ohio. Advertisement"The American media totally ignored this stuff until Donald Trump and I started talking about cat memes," he said. When Bash asked Vance to clarify his remark about having to "create stories," Vance doubled down. "Dana, it comes from first-hand accounts of my constituents," Vance said. "I say that we're 'creating a story,' meaning we're creating the American media focusing on it."
Persons: , Sen, JD Vance, CNN's Dana Bash, Donald Trump, Kamala Harris, Vance, Bash, Dana, Harris, Biden, Springfield's, Mike DeWine, haven't, DeWine Organizations: Service, Sunday, Republican, Ohio Republican, Business, Ohio Republican Gov, ABC News Locations: Springfield , Ohio, Springfield
Several GOP senators have not endorsed Trump — and likely won't before the election. Some of them voted to impeach Trump after January 6 and have sworn him off entirely. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWith the 2024 presidential election just around the corner, a solid chunk of the Senate Republican conference still won't get behind former President Donald Trump.
Persons: Trump, , Donald Trump, He's, haven't, Kamala Harris, — Sens, Angus King of Maine, Joe Manchin Organizations: Trump —, Service, Senate Republican, Democratic, , Business Locations: West Virginia, Arizona
Mike DeWine of Ohio on Sunday rebuked the false conspiracy theories that have been amplified by former President Donald Trump and his running mate, Ohio Sen. JD Vance, about Haitian immigrants stealing and eating people's pets in Springfield, Ohio. Trump and Vance have both tripled down on spreading the false rumors, despite growing pleas from Ohio governing officials for them to stop the misinformation. "This discussion just has to stop," DeWine said. Following the comments from Trump and Vance, Springfield schools have faced bomb threats, forcing evacuations and temporary closures. "He's going to do well in Ohio," DeWine said.
Persons: Mike DeWine, Donald Trump, Ohio Sen, JD Vance, DeWine, Trump, Vance, Kamala Harris Organizations: Gov, Trump, Wittenberg University, Republican Locations: Ohio, Springfield , Ohio, Springfield, Vance
And he plans to speak to Vice President Kamala Harris soon. “Oh I could see that, yes,” Manchin told CNN when asked if he’d endorse a candidate before November. Asked twice if he would endorse Harris, Romney pointedly refused to say. “I’m certainly not going to be voting for former President Trump, and I think that’s been very clear,” Romney said when asked the first time whether he’d back Harris. We stand with nations that are now being invaded by their neighbors, particularly invaded by Russia,” Romney added.
Persons: Washington CNN — Sen, Joe Manchin, Kamala Harris, ” Manchin, he’d, Utah Sen, Mitt Romney, Donald Trump, Trump, Harris, Romney, “ I’m, ” Romney, GOP Sen, Lisa Murkowski, Donald Trump’s, Barack Obama, Harris ’, , he’s, , Viktor Orban, that’s, Organizations: Washington CNN, Democrat, CNN, West, Republican, Trump –, Russia, Romney –, Trump, GOP, Senate, Capitol, Hungarian Locations: Utah, Ukraine, Alaska, California, Russia
Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at Wembley Stadium on August 16, 2024 in London, England. Former president Donald Trump lashed out at pop star Taylor Swift on Sunday, less than a week after the musician endorsed Vice President Kamala Harris. "I hate Taylor Swift!," Trump posted in all caps on Truth Social, the website owned by the Trump Media & Technology Group . She also signed the caption as "childless cat lady," a reference to remarks about Democratic women made by Republican vice presidential nominee JD Vance. Trump had previously shared fake artificial intelligence-generated images on social media that showed Swift and her fans supporting him.
Persons: Taylor Swift, Donald Trump, Kamala Harris, Trump, Swift, Harris, JD Vance Organizations: Wembley, Trump Media & Technology, Democratic, Republican Locations: London, England, Vote.gov
Republican presidential nominee and former U.S. President Donald Trump gestures during a press conference at Trump National Golf Club, in Rancho Palos Verdes, U.S., September 13, 2024. Former President Donald Trump was safe on Sunday after his campaign said it heard gunshots fired in his vicinity. The sounds were heard on Trump's golf course in West Palm Beach, Florida, where the the Republican presidential nominee was golfing, a source familiar with the matter told NBC News on Sunday. The former president was immediately taken to a safe location, the source said. The Secret Service said in a statement posted on X that it was "investigating a protective incident" involving Trump.
Persons: Donald Trump, Trump Organizations: Trump National Golf Club, CNBC, Republican, NBC, Trump Locations: Rancho Palos Verdes , U.S, West Palm Beach , Florida
Eight states will have constitutional amendments backed by Republican lawmakers on the November ballot designed to make clear that only American citizens can vote in elections in those states. But it’s already illegal for noncitizens to vote in elections in those states and at the federal level, and it rarely happens. Trump, the GOP presidential nominee, has long made false claims that noncitizens are voting in elections and that Democrats have helped them enter the country to cast those ballots. No state constitution in the U.S. allows noncitizens to vote. While Americans for Citizen Voting said it has no formal or informal relationship with the Trump campaign or the RNC, its chairman, Paul Jacob, said at a recent press conference that he hopes the ballot measures will help improve voter turnout.
Persons: it’s, stoke people’s, Donald Trump, , Jonathan Diaz, Mike Johnson, noncitizens, , Sen, Julian Bradley, Bradley, Brad Overcash, ” Jack Tomczak, , “ It’s, Brad Raffensperger, Diaz, Bree Grossi Wilde, Trump, ” Diaz, Grossi Wilde, Paul Jacob, ” Jacob Organizations: Republican, noncitizens, Trump, GOP, Republican National, D.C, United, Lawmakers, , ” Wisconsin Republican, Citizen, ” North, ” North Carolina Republican, stoke, Democracy Research, University of Wisconsin Law, RNC Locations: Idaho , Iowa , Kentucky , Missouri, North Carolina , Oklahoma, South Carolina, Wisconsin, U.S, Washington, Iowa , Missouri, Idaho, Kentucky, United States, ” Wisconsin, ” North Carolina, Georgia, North Carolina
Trump even muddled the most basic attack on connecting Harris to Biden, claiming at one point that Biden "hates" his own vice president. Trump, an acolyte of Roy Cohn, forgot the controversial lawyer's most famous adage to "Attack, Attack, Attack" when he needed it the most. And as he did, all night, Trump took the bait, spending the first part of his rebuttal defending the money his father gave him. Harris continues to have a slight lead in the major national polling averages, but the race remains even closer in key swing states. After reversing himself many times, Trump declared before the weekend that he would not debate Harris again.
Persons: , Donald Trump, Kamala Harris, Trump, Harris, Joe Biden's, isn't, Sen, JD Vance, Vance, Abraham, Lindsey Graham, Biden, Mike Pence, Bush, Karl Rove, Roy Cohn, Hunter, Joe Biden, you've, Tim Walz, Walz, Doug Emhoff, Gwen Walz Organizations: Service, Business, Trump, Republican, New York Times, Publicly, Abraham Accords, Politico, The New York Times, Ivy League, Wharton School of Finance, White House, Democratic, Biden Locations: United States, Harris, Ukraine, Ohio, Siena, North Carolina, Michigan, Wisconsin, Minnesota, Nevada , Arizona, Florida, Georgia , New Hampshire, Maine, Arizona
But two political scientists told Business Insider that Musk's desire to run the US government like a private business — an approach many private sector professionals have supported for decades — isn't as foolproof as the CEO might think. AdvertisementTrump, a businessman turned politician, based much of his first presidential campaign on the notion that his experience in the private sector would guide his approach to politics. "In the private sector, the motive is profit. "But inefficiency in the private sector isn't the same." Advertisement"A business isn't really self-correcting, at least not as easily as government is," Crouse said.
Persons: , Elon, Trump, Musk, Hillary Clinton, he's, it's, Patricia Crouse, Grose, Al Gore, Cynthia Johnson, Ronald Reagan, George W, Bush, isn't, Elon Musk, Crouse Organizations: Service, Summit, Business, Trump, University of New, University of Southern, Reinventing, Community Initiative, Washington, Twitter Locations: Los Angeles, University of New Haven, University of Southern California, Reaganomics, Texas, Pennsylvania, America
Window Rock, Arizona CNN —Nearing the end of the annual Navajo Nation parade route last Saturday, the Arizona Republican Party’s float — pulled by an 18-wheeler and adorned with Trump-Vance campaign signs — came to a halt. The Navajo Nation makes up the largest tribe in Arizona, with about 131,000 members, according to the US Census. A Marine veteran, Gallego said his ties to the Navajo Nation stem from his military veteran friends from the tribe. “I believe we have many strong, educated women, especially on the Navajo Nation. “Not everybody wants to help the Indigenous.”Her remote part of the Navajo Nation rarely gets visitors, let alone campaigns knocking on her door.
Persons: , Arizona CNN —, Vance, , , Joe Biden, Kamala Harris ’ ascendance, Gina Swoboda, Trump, ” Swoboda, , Swoboda, we’re, Harris, it’s, “ let’s, Ruben Gallego, Kari Lake –, Eli Crane, Jonathan Nez, Sen, Kyrsten Sinema, , Myron Lizer, Gallego, Republicans don’t, that’s, ” Gallego, Danielle Doctor, Harris ’, Tom Ranger, Biden, Allie Young, Loretta Charley, they’re, “ Who’s Organizations: , Arizona CNN, Navajo, Arizona Republican, Trump, Arizona, Democrats, White, Senate, Arizona GOP, Republican National Committee, CNN, Republican Party, Tribal, Democratic, GOP, Navajo Nation Museum, Republicans, Marine, Voters, Republican, Biden, House Administration, US, Navajo Nation Locations: , Arizona, Arizona, Washington, Navajo Nation, Flagstaff, , Apache, Navajo, Gallego, Phoenix, House, Rocky
Washington CNN —A social media account run by Vice President Kamala Harris’ campaign has been repeatedly deceptive. But the account, which the Harris campaign calls its “official rapid response page,” has itself made inaccurate comments on multiple occasions. The Harris campaign declined to comment on this @KamalaHQ post. The Harris campaign defended this @KamalaHQ post by arguing that “Trump’s entire platform is about embracing ‘tough’ policy of the past” on various subjects. The very next day, the Harris campaign used the @KamalaHQ account to tout her own popularity among chief executives.
Persons: Kamala Harris ’, Donald Trump, Harris, Trump, , “ Trump, “ Donald Trump, Kamala Harris, , , Charlottesville counterprotester Heather Heyer, David Muir, Muir, Sean Hannity, Laura Ingraham, Jesse, Watters, Greg Gutfeld —, Vance, Sen, JD Vance, Trump’s, Barack Obama, it’s, doesn’t, you’ll, “ Vance, William Martin, Martin, Vance “, JD Vance ”, Sally Smith, “ Smith, , Jack Posobiec, Posobiec Organizations: Washington CNN, Trump, ABC News, Fox News, , Department of Veterans Affairs, Marine Corps, of Veterans Affairs, Heritage Foundation, Republican, Social Security, of New, International Association of Fire Fighters, “ Trump, Trump loyalists Locations: Wilkes, Barre , Pennsylvania, North Carolina, Pennsylvania, ‘ Pennsylvania, Arizona, Tucson, Charlottesville, California, Your, of New York, America,
Why Trump’s trade hero turned against tariffs
  + stars: | 2024-09-14 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +15 min
Vice President Kamala Harris has lambasted Trump’s tariff plan as a tax, but President Joe Biden has maintained tariffs Trump put in place during his presidency. We used trade policy, or tariffs, as a form of reciprocity, where we said, OK, our tariffs are pretty high. So that’s what led to all these trade agreements, the General Agreement on Tariffs and Trade, GATT, which became the WTO (World Trade Organization), NAFTA (North American Free Trade Agreement) and other free trade agreements that we’ve reached. He began to entertain this idea of reciprocity, of trying to reduce foreign tariffs by offering cuts in our tariffs. How do those tariffs compare with the late 19th century tariffs?
Persons: CNN —, Donald Trump, Kamala Harris, Joe Biden, Biden, Read, Douglas Irwin, Irwin, William McKinley —, Trump, IRWIN, there’s, It’s, we’ve, William McKinley WOLF, William McKinley, McKinley, they’ve, Bush, H.C ., William Jennings Bryan, that’s, they’re, it’s, Britain WOLF Organizations: CNN, Republicans, Democrats, Trump, Dartmouth College, Commerce, US Trade, Trade, WTO, World Trade Organization, American Free Trade, of Congress, University, Virginia’s, Federal, WOLF, Peterson Institute for International, Republican Party Locations: China, Ohio, Pennsylvania, Homestead , Pennsylvania, H.C, Buffalo, trillions, United States, it’s China, Britain, Japan
The Pennsylvania Supreme Court ruled Friday that mail ballots that are improperly dated won't be counted in November, a move that could have major implications in the closely divided battleground state. The decision reverses a lower court ruling from last month that found it was unconstitutional to reject mail ballots that had a missing or incorrect date. "This makes mail voting in the Keystone State less susceptible to fraud," he said. "Today’s procedural ruling is a setback for Pennsylvania voters, but we will keep fighting for them. Democrats have utilized mail voting more heavily than Republicans in recent elections in Pennsylvania and elsewhere.
Persons: Michael Whatley, Steve Loney, Joe Biden, Donald Trump, Votebeat, Kamala Harris, Democratic Sen, Bob Casey, Dave McCormick Organizations: Republican National Committee, Pennsylvania Republican Party, Commonwealth, ACLU, Public Interest Law, Pennsylvania, Trump, Democratic Locations: Pennsylvania, Keystone
In today’s edition, we explore how far-right activist Laura Loomer's access to Donald Trump is worrying his Republican allies. Plus, "Meet the Press" moderator Kristen Welker dives into the questions Kamala Harris and Trump danced around at the debate. One one side of the GOP, Sen. Lindsey Graham of South Carolina said Thursday that Loomer is “really toxic” and shouldn’t be in Trump’s circle. Sen. Thom Tillis of North Carolina on Friday called Loomer “a crazy conspiracy theorist” who was hurting Trump’s chances in the election. Because your running mate JD Vance has said that you would veto if it did come to your desk.
Persons: Laura Loomer's, Donald Trump, Kristen Welker, Kamala Harris, Trump, Laura Loomer’s, Jonathan Allen, Julie Tsirkin, Vaughn Hillyard, Laura Loomer —, Loomer, don’t, Sen, Lindsey Graham of, Thom Tillis, , Marjorie Taylor Greene, , Harris, “ Everybody’s, , Laura, Laura — she’s, Read, Henry J, Gomez, Brandy Zadrozny, Allan Smith, JD Vance, Vance, Linsey Davis, JD —, David Muir, , Joe Biden, Biden, “ Donald Trump Organizations: NBC, White House, Capitol, Republican, Trump, stoke, Republicans, U.S, GOP, Indian, Nazi, Facebook, , Press, ABC, JD, U.S . Capitol Locations: Loomer, Springfield , Ohio, Lindsey Graham of South Carolina, North Carolina, Georgia, Indian American, Springfield, Columbus, Ohio, Gab, Ukraine, Russia, U.S, Afghanistan
Asian American groups are sounding the alarm after the House this week passed a bill seeking to revive the highly controversial, Trump-era surveillance program the China Initiative. “Originally a Trump-era initiative sold as a national security measure, the China Initiative instead turned out to be a witch hunt,” leaders from civil rights groups Asian Americans Advancing Justice | AAJC, Stop AAPI Hate, and the Asian American Scholar Forum said in a joint statement. The groups added that the initiative devastated families and impeded the United States’ ability to retain and attract academic talent. Asian American advocacy groups have long been warning of the security program’s “chilling” effects. He said that he “concluded that this initiative is not the right approach.”For more from NBC Asian America, sign up for our weekly newsletter.
Persons: Lance Gooden, , Mike Johnson, Jeff Sessions, Gang Chen, Chen, ” Chen, , Anming Hu, University of Tennessee —, China Initiative —, ” Hu, Biden, Matthew Olsen Organizations: China Initiative, Lawmakers, Trump, Justice, American, Forum, NBC News, Chinese Communist Party, , MIT, U.S . Capitol, Nanotechnology, University of Tennessee, White, of Justice, George Mason University, National Security Division, DOJ, NBC Asian Locations: China, U.S, States, Texas, NBC Asian America
A school district in northeastern Florida must return three dozen books related to race and the LGBTQ community to school libraries as part of a settlement reached Thursday with authors, parents and students. The Nassau County School Board removed 36 books last year after the titles were challenged by Citizens Defending Freedom, a conservative advocacy group. The Nassau County School Board did not immediately return a request for comment. The suit was among several that challenged the removal of books by school districts across Florida under a law signed by Republican Gov. Ron DeSantis that made it easier for community members to challenge books they found to be inappropriate in school libraries.
Persons: Peter Parnell, Justin Richardson, Toni Morrison, Ellen Hopkins, , Lauren Zimmerman, Selendy, Parnell, Richardson, Sara Moerman, Toby Lentz, ” Zimmerman, Ron DeSantis, Organizations: Nassau County School, Citizens Defending, New, Zoo, , Nassau County School Board, Republican Gov, First Coast, PEN America, PEN, NBC Locations: Florida, , United States, Nassau County, New York, U.S, PEN America
Shares of Trump Media surged Friday after majority owner Donald Trump said he is not selling his stake. Trading in the stock was halted briefly Friday afternoon after Trump’s comments to the press at his golf club in California. Trump said that Truth Social, the Twitter-like social media platform owned by Trump Media, is “great for me.”And he blamed the Securities and Exchange Commission for Trump Media’s monthslong stock slump, which had driven shares down by more than 80% from their intraday peak after the company began trading on the Nasdaq in late March. I’m not going to sell my shares,” he said. I did it because I really wanted to have a strong voice, and it’s a great voice for me,” he said.
Persons: Donald Trump, , , Trump, I’m, it’s Organizations: Trump Media, Republican, Securities and Exchange Commission, Trump, Nasdaq Locations: California
No one can keep former President Donald Trump away from Laura Loomer. A senior official from Trump’s 2020 campaign team said that helps explain why Loomer is no longer being kept at arm’s length. “Senator Graham is working tirelessly day and night to help re-elect President Trump,” Graham communications director Taylor Reidy responded in a statement to NBC News. Loomer is “not a member of our staff,” said a Trump campaign aide, who asked to remain anonymous. I don’t work for President Trump.”Last year, she said she would "gladly" serve as press secretary in a Trump White House.
Persons: Donald Trump, Laura Loomer, Loomer, Kamala Harris, Loomer’s, Marjorie Taylor Greene, Sen, Lindsey Graham, Graham, Corey Lewandowski, , Trump, Harris, Greene, President Trump, ” Graham, Taylor Reidy, ” “, Joe Biden’s, , Hakeem Jeffries, “ Donald Trump, Joe Biden, “ Everybody’s, Organizations: stoke, Trump, NBC News, Republican, Congress, Indian, House, , Trump White House, Democrats, NYPD, FDNY, Locations: Loomer, Congress, Springfield , Ohio, Indian American, Greene, D
If it expires, the estate and gift tax exemption will fall by about half. The tightening presidential race has touched off a wave of tax planning by ultra-wealthy investors, especially given fears of a higher estate tax, according to advisors and tax attorneys. With Harris and Trump essentially tied in the polls, the odds have increased that the estate tax benefits will expire — either through gridlock or tax hikes. The biggest question facing wealthy families is how much to give, and when, in advance of any estate tax change. If they do nothing, and the estate exemption drops, they risk owing taxes on estates over $14 million if they die.
Persons: Robert Frank, Donald Trump, Kamala Harris, Harris, Trump, Pam Lucina, Lucina, Mark Parthemer, it's, Parthemer Organizations: Democratic, Republican, Northern Trust Locations: Florida, Glenmede
Shares of Trump Media shot up by more than 25% on Friday, minutes after majority owner Donald Trump said he is not selling his stake. Trump said that Truth Social, the Twitter-like social media platform owned by Trump Media, is "great for me," adding that his stake is still worth more than $1 billion. I'm not going to sell my shares," he said. Analysts have said that investing in Trump Media has become a way for Trump's fans to support him or bet on his political fortunes. The company fell to its post-merger low point this week amid concerns that Trump might start selling his shares once he is free to do so.
Persons: Donald Trump, Trump, I'm, it's, — CNBC's Josephine Rozzelle Organizations: Republican, Trump National Golf Club Los, Trump Media, Nasdaq, SEC Locations: Rancho Palos Verdes , California, California
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