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☆ Binance warned VIP customers about law enforcement investigations, Treasury says
▼ + stars: | 2023-11-21 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Binance's VIP users were granted a set of special privileges, including an early heads-up from the crypto exchange if they were under investigation by law enforcement, according to the U.S. Treasury's Financial Crimes Enforcement Network. Treasury alleged in a 92-page order that Binance had "developed a process to notify VIP users if they became the subject of a law enforcement inquiry," in a setup where Binance was effectively serving as a lookout for its top-tier customers. Members of Binance's VIP team were instructed to contact the user under investigation by "all available means" including sending texts and calling to inform customers, for example, that their account had been frozen or unfrozen. According to the consent order, Binance's VIP team staff were warned not to be too obvious in their tips. They will be managed by your [VIP] team.

Persons: Changpeng Zhao, Binance, FinCEN, Binance's, — CNBC's Christina Wilkie Organizations: Treasury's, Treasury, . Enterprise Locations: U.S, United States

☆ Yellen says high food and rent prices key factors in voters' negative economic outlook
▼ + stars: | 2023-11-20 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +2 min

WASHINGTON — Treasury Secretary Janet Yellen pointed to the consistently higher prices that Americans pay for food and rent today, compared with pre-pandemic levels, as a major factor driving voters' negative outlook on the economy. "Although prices in general are rising less quickly, Americans still see increases in some important prices, including food, from where we were prior to the pandemic. As overall inflation rates have come down over the past year, food prices have consistently outpaced baseline inflation, according to the Bureau of Labor Statistics. There are lots of reasons for this, ranging from the war in Ukraine's impact on grain prices to restaurants charging higher prices for menu items. But Americans do notice higher prices from what they used to be accustomed to," she added.

Persons: Janet Yellen, Yellen, Joe Biden, Biden, Elizabeth Crofoot, CNBC's Jeff Cox, Donald Trump Organizations: Bureau of Labor Statistics, NBC Locations: WASHINGTON

Top business leaders in the U.S. meet Chinese President Xi Jinping in San Francisco, California on Nov. 15, 2023. Apple CEO Tim Cook, Tesla chief Elon Musk and Blackrock's Steve Schwarzman were among the guests Wednesday night at a gala reception and dinner in San Francisco for visiting Chinese President Xi Jinping. San Francisco Mayor London Breed also had a spot at the head table. According to the place cards, Cook was seated next to Chinese Minister of Commerce Wang Wentao. Event organizers said Musk attended the VIP reception, but did not stay for the dinner.

Persons: Xi Jinping, Tim Cook, Elon Musk, Steve Schwarzman, Xi's, Joe Biden, Biden, Xi, Marc Benioff, Stan Deal, Raj Subramaniam, Ryan McInerney, Ray Dalio, Albert Bourla, Janow, Larry Fink, Gina Raimondo, Nicholas Burns, Kurt Campbell, San Francisco Mayor London Breed, Cook, of Commerce Wang Wentao, Musk Organizations: Apple, Tesla, U.S ., China Business Council, National Committee, U.S, China Relations, United, Boeing, FedEx, Visa, Bridgewater Associates, Pfizer, Mastercard, BlackRock, Commerce, White House, San Francisco Mayor London, of Commerce Locations: U.S, San Francisco , California, San Francisco, United States, China, White House China

The White House is seen at dusk on September 30, 2023 in Washington, DC. Moody's Investors Service on Friday lowered its ratings outlook on the United States' government to negative from stable, pointing to rising risks to the nation's fiscal strength. The ratings agency has affirmed the long-term issuer and senior unsecured ratings of the U.S. at Aaa. Moody's move to cut its outlook arrives as Congress faces the looming threat of a government shutdown once more. "Moody's decision to change the U.S. outlook is yet another consequence of Congressional Republican extremism and dysfunction," White House press secretary Karine Jean-Pierre said in a statement.

Persons: Moody's, Wally Adeyemo, Mike Johnson, Karine Jean, Pierre, Fitch Organizations: Moody's, Aaa, United States, Republican, White, Democratic, AAA Locations: Washington ,, United States, Washington, United, American, Jan, U.S

☆ Biden calls off Jordan leg of Mideast trip after leader summit canceled
▼ + stars: | 2023-10-17 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden (L) and Palestinian President Mahmoud Abbas (R) hold a joint press conference in Bethlehem, West Bank on July 15, 2022. WASHINGTON — President Joe Biden will no longer visit Jordan as part of his Middle East trip this week, after a leaders summit on humanitarian aid for Palestinians was abruptly canceled Tuesday. The decision was made as unrest across the region swelled, in response to the deadly bombing of a hospital in Gaza. Biden had been scheduled to meet in with Jordan's King Abdullah, Egyptian president Abdel Fattah El-Sisi, and Palestinian Authority president Mahmound Abbas after first visiting Israel. In deciding not to travel to Jordan, the White House also considered "the days of mourning announced by President Abbas," for victims of the hospital attack, the official said.

Persons: Joe Biden, Mahmoud Abbas, Biden, King Abdullah, Abdel Fattah El, Mahmound Abbas, Ayman Safadi, Abbas Organizations: West Bank, WASHINGTON, Palestinian Authority, Israel, Hamas, White, CNBC, IDF, Israeli Defense, NBC News Locations: Bethlehem, West, Jordan, Gaza, Jordanian, Ahli, Gaza City, Israel

☆ Robert F. Kennedy Jr. to run for president as an independent, end Democratic primary campaign
▼ + stars: | 2023-10-09 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +2 min

Presidential Candidate Robert F. Kennedy Jr. makes a campaign announcement at a press conference on October 9, 2023 in Philadelphia, Pennsylvania. WASHINGTON — Robert F. Kennedy Jr. said he will abandon his bid for the Democratic presidential nomination and instead run for the White House as an independent. Kennedy announced his break with the national Democratic Party at an event in Philadelphia on Monday. His late father, Sen. Robert Kennedy of New York, and late uncle, President John F. Kennedy, are icons of the Democratic Party. In addition to Biden's incumbent status, which makes it very difficult to challenge him from within the party, Kennedy also holds views that put him at odds with the majority of Democratic voters.

Persons: Robert F, Kennedy Jr, WASHINGTON — Robert F, Kennedy, Sen, Robert Kennedy, John F, Joe Biden, endear Kennedy, Donald Trump ., Trump, Hillary Clinton, Biden, Jill Stein Organizations: Democratic, White, Democratic Party, Democrat, Fox Business, Trump, Republican, NBC News, Green Party Locations: Philadelphia , Pennsylvania, WASHINGTON, Philadelphia, Washington, New York, Ukraine, Trump's

Former President Donald Trump on Friday endorsed Republican Rep. Jim Jordan of Ohio to become the next speaker of the House of Representatives. Trump's endorsement of his close ally Jordan in a social media post came three days after the House voted to remove Rep. Kevin McCarthy, R-Calif., as speaker. Trump wrote that Jordan "will be a GREAT Speaker of the House, & has my Complete & Total Endorsement!" "He is STRONG on Crime, Borders, our Military/Vets, & 2nd Amendment," Trump wrote early Friday on his Truth Social site. Trump is the clear frontrunner for the 2024 GOP presidential nomination due to his strong popularity among Republican voters.

Persons: Donald Trump, Jim Jordan, Jim Jordan of, Jordan, Kevin McCarthy, Trump, Steve Scalise Organizations: Republican, Air Force, Airport, Representatives, Military, Republicans Locations: Ohio, Lima Allen, Lima , Ohio, Jim Jordan of Ohio

☆ House speaker succession battle heats up: Jordan, Scalise and Trump in the mix
▼ + stars: | 2023-10-04 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +3 min

Reps. Jim Jordan and Steve Scalise are the top candidates to replace Kevin McCarthy, who was voted out as speaker in an unprecedented move Tuesday. "I think very highly of Steve Scalise. I would vote for Steve Scalise," Gaetz said this week. The third-ranking House Republican, Majority Whip Tom Emmer of Minnesota, mused that Scalise "would be a great speaker" on Tuesday. Should Scalise become House Speaker, Emmer hopes to replace him as Majority Leader.

Persons: Steve Scalise, Jim Jordan, Alexander Vindman, President Trump, WASHINGTON —, gavel, Kevin McCarthy, Donald Trump, Jordan, Darrell Issa, Tom Massie of, Scalise, Matt Gaetz, McCarthy, Gaetz, Tom Emmer, Emmer Organizations: European Affairs, National Security Council, U.S . House, House Intelligence, House Foreign Affairs, Capitol, WASHINGTON, Republican, Freedom Caucus, Tom Massie of Kentucky, White, House, GOP, Florida Republican Locations: Washington, Ohio, Calif, Louisiana, Florida, Minnesota

☆ House GOP boots Pelosi, Hoyer from House hideaways after Speaker Kevin McCarthy ouster
▼ + stars: | 2023-10-04 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +1 min

House Majority Leader Rep. Steny Hoyer (D-MD) and House Speaker Nancy Pelosi (D-CA) walk from the House floor where members debate the United States-Mexico-Canada Agreement (USMCA) to the speaker's office in the U.S. Capitol on December 19, 2019 in Washington, DC. WASHINGTON — Republican leaders abruptly evicted two high-profile Democrats from their longtime Capitol hideaway offices without explanation after the House removed Kevin McCarthy as its speaker. Former House Speaker Nancy Pelosi and ex-Majority Leader Steny Hoyer were both told that their small but coveted second offices within the Capitol will be "re-assigned," NBC News confirmed. Spokespeople for McCarthy and the new temporary speaker, Rep. Patrick McHenry, R-N.C., did not immediately respond when asked what spurred the evictions. "Sadly, because I am in California to mourn the loss of and pay tribute to my dear friend Dianne Feinstein, I am unable to retrieve my belongings at this time."

Persons: Steny Hoyer, Nancy Pelosi, Kevin McCarthy, Spokespeople, McCarthy, Patrick McHenry, Pelosi, Sen, Dianne Feinstein, Pro Tempore Organizations: U.S, Capitol, WASHINGTON — Republican, NBC News, Pro Locations: United States, Mexico, Canada, Washington , DC, R, California, San Francisco

☆ Clarence Thomas recuses as Supreme Court rejects appeal by Trump lawyer John Eastman
▼ + stars: | 2023-10-02 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: 1 min

Associate Justice Clarence Thomas during the formal group photograph at the Supreme Court in Washington, DC, US, on Friday, Oct. 7, 2022. WASHINGTON — The Supreme Court on Monday refused to take an appeal by former Trump lawyer John Eastman related to emails of his turned over to the House committee investigating the Jan. 6, 2021, Capitol riot. Justice Clarence Thomas was not involved in considering or deciding Eastman's request that the Supreme Court toss lower court rulings related to the emails, the court said in declining to hear the case. Thomas' recusal, which was not explained, is the first time he has removed himself from a case involving the Jan. 6 insurrection by a mob of supporters of former President Donald Trump.

Persons: Clarence Thomas, WASHINGTON —, Trump, John Eastman, Thomas ' recusal, Donald Trump Organizations: WASHINGTON, Capitol, Supreme Locations: Washington , DC

☆ Sen. Bob Menendez bribery trial set for May 2024
▼ + stars: | 2023-10-02 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +2 min

A federal judge on Monday scheduled the trial of Sen. Bob Menendez of New Jersey and his wife Nadine on bribery and corruption charges to begin May 6, 2024. Menendez, his wife, and the trio of businessmen will stand trial in U.S. District Court in Manhattan. The couple is charged with three counts each: Conspiracy to commit bribery, conspiracy to commit honest services fraud, and conspiracy to commit extortion under color of official right. Menendez insists he is innocent, and has refused calls by more than half of the Democratic Senate caucus that he resign. The indictment alleges that Menendez for years used his position as chairman of the Senate Foreign Relations Committee to benefit the three business associates.

Persons: Robert Menendez, Sen, Bob Menendez, Nadine, Menendez, Prosecutors Organizations: Senate Democratic Caucus, U.S, Capitol, Bob Menendez of New, Democratic Senate, Senate Foreign Relations Locations: Washington, Bob Menendez of, Bob Menendez of New Jersey, Jersey, U.S, Manhattan, Egypt, F.B.I, Englewood

☆ Congress and Washington wonder if Biden and McCarthy cut secret Ukraine funding deal
▼ + stars: | 2023-10-02 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +4 min

The suspicion is that Biden agreed to sign a stop-gap federal government funding deal that did not include Ukraine aid he wanted to provide, in exchange for McCarthy agreeing to hold a standalone vote on that aid later. Rep. Matt Gaetz, R-Fla., demanded during an angry speech Monday targeting his fellow Republican McCarthy on the House floor. McCarthy on Monday denied that there was a secret plan for Ukraine funding. "There's an overwhelming number of Republicans and Democrats in both the House and the Senate who support Ukraine," Biden said at the White House. A standalone vote on emergency Ukraine funding would likely pass the House, but only with the help of Democratic votes.

Persons: Matt Gaetz, Joe Biden, Kevin McCarthy, Biden, McCarthy, Republican McCarthy, McCarthy's, Washington, Karine Jean, Pierre, Jean, I'm, Matt Miller, Miller, Dmytro Kuleba, Kuleba, Amanda Macias, Emma Kinery Organizations: Rep, U.S, Capitol, WASHINGTON —, Washington buzzed, Republican, Ukraine, House, Congress, Democratic, Sunday, Democrats, White, House Republicans, Russia, Ukraine . State Department Locations: Washington, Ukraine, United States, U.S

☆ Government shutdown fear grows as House prepares to vote on partisan spending plan
▼ + stars: | 2023-09-29 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +1 min

WASHINGTON — With fewer than two days left to fund the federal government and avoid a shutdown, House GOP leaders on Friday began debate ahead of a vote on a partisan, short-term spending bill that has no chance of passing in the Senate. Speaker Kevin McCarthy pitched the bill as a way for his fellow Republicans to buy time to pass a slate of individual agency spending bills. The Senate easily advanced its own short-term funding bill Thursday by a 76-22 margin. The Senate bill is likely to be amended ahead of Saturday's vote, and the next version could contain stronger border security measures that House Republicans are demanding. Missing the Senate vote will be Sen. Dianne Feinstein, the California Democrat who died late Thursday at her home in Washington, D.C.

Persons: Kevin McCarthy, McCarthy, Joe Biden, Sen, Dianne Feinstein, Biden Organizations: WASHINGTON, GOP, Democrats, Senate, Republicans, California Democrat, Washington , D.C, Congress Locations: California, Washington ,

☆ New Jersey Gov. Murphy, Assembly speaker call on Sen. Bob Menendez to resign
▼ + stars: | 2023-09-22 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +5 min

Phil Murphy, the state's General Assembly speaker and the Democratic State Committee chairman all called on U.S. Sen. Bob Menendez to resign Friday after their fellow Democrat was indicted on federal bribery charges. "The allegations in the indictment against Senator Menendez and four other defendants are deeply disturbing," Murphy said about Menendez, the state's senior senator. "The alleged facts are so serious that they compromise the ability of Senator Menendez to effectively represent the people of our state. Assembly Speaker Craig Coughlin said, "The charges laid out against Senator Menendez today go against everything we should believe as public servants. Two New Jersey Democrats in Congress, U.S. Reps. Andy Kim and Mikie Sherrill, also called on Menendez to resign.

Persons: Phil Murphy, Sen, Bob Menendez, Menendez, Murphy, Craig Coughlin, Coughlin, LeRoy Jones, Jr, Jones, Andy Kim, Mikie Sherrill, I've, Nadine Menendez, Chuck Schumer, Cory Booker, Kim, Sherrill, Matthew Platkin, Platkin Organizations: WASHINGTON — New, WASHINGTON — New Jersey Gov, Democratic, New, New Jersey Democrats, Reps, Prosecutors, U.S, New York Democrat, Senate, Democrats, U.S . Senate, Sherrill . New, Southern Locations: WASHINGTON —, WASHINGTON — New Jersey, New Jersey, America, Jersey, New York, Sherrill ., Sherrill . New Jersey

☆ Sen. Menendez defiant after second corruption indictment: 'Prosecutors did that the last time'
▼ + stars: | 2023-09-22 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +2 min

Sen. Bob Menendez, D-N.J., walks through the Senate subway on his way to a vote in the Capitol, in Washington, D.C., May 4, 2023. Bill Clark | Cq-roll Call, Inc. | Getty ImagesWASHINGTON — Sen. Robert Menendez on Friday vowed to remain in the Senate while he fights federal charges of bribery and extortion announced earlier in the day. The indictment was the second time the New Jersey Democrat had been prosecuted for alleged corruption as a sitting senator. As chairman of the Senate Foreign Relations Committee, Menendez holds one of the most powerful gavels in Congress. The senator and his wife, Nadine Menendez, were indicted Friday on three criminal counts each after a multiyear federal investigation.

Persons: Sen, Bob Menendez, Bill Clark, Getty Images WASHINGTON — Sen, Robert Menendez, Menendez, Nadine Menendez, Damian Williams, Nadine, Alexi J, Rosenfeld Organizations: Washington , D.C, Cq, Inc, Getty Images WASHINGTON, New, New Jersey Democrat, Senate Foreign Relations, Democratic, NBC News, Southern, of, Attorney, U.S, Getty Locations: Washington ,, New Jersey, Jersey, of New York, U.S, New York City

Danil Shamkin | Nurphoto | Getty ImagesU.S. Sen. Bob Menendez of New Jersey and his wife were indicted in New York on federal bribery charges for accepting cash, gold bars, home mortgage payments and more as part of "corrupt relationship" with three businessmen from their home state. "This investigation is very much ongoing," said Manhattan U.S. Attorney Damian Williams at a press conference on the indictment of the senator and his wife, Nadine Menendez. Source: SDNYThis is the second time Menendez has been indicted on federal bribery charges. U.S. Senate Foreign Relations Committee Chairman Bob Menendez, D-N.J., and his wife, Nadine Arslanian, arrive for a reception honoring Greek Prime Minister Kyriakos Mitsotakis and his wife, Mareva Mitsotakis, in the East Room of the White House in Washington, D.C., May 16, 2022. Those efforts allegedly included the senator recommending to Biden that he nominate a candidate for U.S. Attorney for New Jersey "who Menendez believed could be influenced by Menendez with respect to Daibes's case," the indictment charges.

Persons: Sen, Robert Menendez, Nikos Christodoulides, Danil, . Sen, Bob Menendez, Menendez, Joe Biden, Damian Williams, Nadine Menendez, Bob Menendez's, Wael Hana, Jose Uribe, Fred Daibes, Nadine, NADINE MENENDEZ’s, Salomon Melgen, Melgen, Nadine Arslanian, Kyriakos Mitsotakis, Mareva Mitsotakis, Chip Somodevilla, Hana, Uribe, Biden, Phillip Sellinger, Sellinger, David Schertler, Ms, Daibes, Nadine Menendez's Organizations: Nurphoto, Getty, ., Bob Menendez of New, Government, U.S Department of Agriculture, Democratic, Attorney, Manhattan U.S, Foreign, NBC News, U.S, Senate Foreign Relations, Greek, White, Washington , D.C, WNBC Locations: Republic of Cyprus, Nicosia, Cyprus, Bob Menendez of, Bob Menendez of New Jersey, New York, Egypt, New Jersey, Manhattan, Florida, Washington ,

President Joe Biden on Friday said he will visit Michigan next week to support strikes by the United Auto Workers. The president's announcement came hours after UAW boss Shawn Fain invited Biden to join the striking autoworkers. Record profits at Ford , General Motors and Stellantis "have not been shared fairly, in my view, with the workers," Biden said during a brief address. Instead, he aims to drive a wedge between striking UAW workers and union leaders like Fain. The UAW endorsed Biden's 2020 bid for the White House but has not yet backed his reelection campaign.

Persons: Joe Biden, Biden, Shawn Fain, Biden's, Donald Trump, Fain, Ford, Trump, Hillary Clinton, Trump's Organizations: White, United Auto Workers, UAW, Twitter, Republican, Detroit, Ford, General Motors, Michigan, U.S, Fain . Michigan, NBC News Locations: Rose, Washington, Michigan, California, Michigan , Missouri, Ohio, Fain .

☆ McCarthy fails key House stress test as he seeks government shutdown stopgap
▼ + stars: | 2023-09-21 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +3 min

U.S. Speaker of the House Kevin McCarthy (R-CA) makes his way to a Republican caucus meeting at the U.S. Capitol Building on September 20, 2023 in Washington, DC. WASHINGTON — House Speaker Kevin McCarthy failed a crucial test Thursday of his ability to unite his fractured Republican caucus as he tries to rally support to pass a spending bill aimed at avoiding a government shutdown at the end of the month. On Wednesday, two Republicans who had formerly opposed the rules bill signaled they would switch sides to support it, raising hopes that it could pass. Across the Capitol, Republicans in both the House and Senate held their breath to see what the California lawmaker and his lieutenants would do next. "We want to avoid this shutdown however we can," Oklahoma GOP Sen. Markwayne Mullin told CNBC Thursday.

Persons: Kevin McCarthy, McCarthy, Marjorie Taylor Greene, Eli Crane, Ariz, Tom Cole, Okla, Oklahoma GOP Sen, Markwayne Mullin, " McCarthy, Mullin Organizations: Republican, U.S, Capitol, WASHINGTON —, House Republicans, Republicans, Senate, Oklahoma GOP, CNBC Locations: Washington , DC, California, Oklahoma

☆ DOJ 'will not be intimidated' by partisan attacks, Attorney General Garland tells House panel
▼ + stars: | 2023-09-20 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +3 min

U.S. Attorney General Merrick Garland testifies during a hearing of the House Judiciary Committee on oversight of the Department of Justice, on Capitol Hill, in Washington, D.C., Sept. 20, 2023. WASHINGTON — Attorney General Merrick Garland delivered a full-throated defense of federal law enforcement officers and the Department of Justice in testimony Wednesday before the Republican-led House Judiciary Committee. Even the official announcement of the oversight hearing underscored Jordan's political agenda, explaining that lawmakers intended to "examine how the Justice Department has become politicized and weaponized under the leadership of Attorney General Merrick Garland." Our job is not to take orders from the president, from Congress, or from anyone else, about who or what to criminally investigate," the attorney general said. Garland said, "All of us at the Justice Department recognize that with this work comes public scrutiny, criticism, and legitimate oversight."

Persons: General Merrick Garland, Garland, Jim Jordan, Jordan, Donald Trump, Joe Biden's, Hunter Biden, Jack Smith, Delaware David Weiss, Weiss, Trump, Smith Organizations: Department of Justice, Capitol, Washington , D.C, Ohio Republican, WASHINGTON —, Republican, Justice Department, House Republicans, Trump, U.S, Attorney Locations: Washington ,, WASHINGTON, Delaware

☆ Special counsel Jack Smith requests Trump be banned from talking about witnesses or evidence in Jan. 6 federal case
▼ + stars: | 2023-09-15 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +1 min

WASHINGTON — Special counsel Jack Smith on Friday asked a federal judge to bar former President Donald Trump from publicly discussing the testimony and credibility of potential witnesses, or the evidence, in his federal election interference trial in D.C. The request came in the form of a motion that laid out many of the 2024 Republican presidential front-runner's most aggressive social media posts in recent months. That included posts in which Trump took aim at likely witnesses, including former Vice President Mike Pence, as well as the judge presiding over the case and the U.S. attorneys prosecuting him. "The defendant knows that when he publicly attacks individuals and institutions, he inspires others to perpetrate threats and harassment against his targets," prosecutors wrote. The only solution, the special counsel argued, was for U.S. District Judge Tanya Chutkan to issue an order holding Trump to the same standards to which his lawyers were being held.

Persons: Jack Smith, Donald Trump, Trump, Mike Pence, Tanya Chutkan Organizations: WASHINGTON, Republican, District of Columbia, U.S, Trump

In this courtroom sketch, former U.S. President Donald Trump appears on classified document charges after a federal indictment at Wilkie D. Ferguson Jr. U.S. WASHINGTON — Fulton County Judge Scott McAfee said Thursday that all court proceedings related to former President Donald Trump's election interference case will be streamed live for the public. The broadcasting of Trump's proceedings would give the public unprecedented access to what will be one of the most high-profile trials in American history. Earlier this month, congressional Democrats, led by California Rep. Adam Schiff, called for Trump's federal criminal trials to be televised. Trump, the current Republican presidential front-runner, is facing 13 felony counts including racketeering, soliciting false statements and criminal conspiracy.

Persons: Donald Trump, Wilkie D, Ferguson Jr, Chris Kise, Scott McAfee, Donald Trump's, McAfee, Adam Schiff, Schiff, Judge Roslynn Mauskopf, Trump Organizations: WASHINGTON, YouTube, California Rep, Courts, Washington , D.C, Republican Locations: Miami, WASHINGTON — Fulton County, Fulton County, Washington ,

☆ 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

☆ Fitch downgrades U.S. long-term rating to AA+ from AAA
▼ + stars: | 2023-08-01 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +2 min

Fitch Ratings downgraded the United States' long-term foreign currency issuer default rating to AA+ from AAA on Tuesday, pointing to "expected fiscal deterioration over the next three years," an erosion of governance and a growing general debt burden. U.S. stock futures opened lower after the rating agency issued its downgrade, with Dow futures sliding about 100 points. In May, the agency placed the nation's AAA rating on negative watch, blaming the debt ceiling fight. President Joe Biden signed the debt ceiling bill on June 2, just days away from the "X-date" on June 5. This isn't the first time a rating agency has downgraded the U.S. Standard & Poor's cut the nation's credit rating to AA+ from AAA in 2011 after Washington managed to avoid a default.

Persons: Biden, Fitch, Washington butted, Joe Biden, Karine Jean, Pierre said, CNBC's Christina Wilkie Organizations: Service Police, Lafayette, Fitch, United, AAA, Dow, U.S . Standard, Washington Locations: Washington , DC, United States, Washington, States

☆ Mitch McConnell freezes at Senate press conference, is briefly unable to speak
▼ + stars: | 2023-07-26 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +3 min

Sen. John Barrasso (R-WY) reaches out to help Senate Minority Leader Mitch McConnell (R-KY) after McConnell froze and stopped talking at the microphones during a news conference after a lunch meeting with Senate Republicans U.S. Capitol 26, 2023 in Washington, DC. WASHINGTON — Senate Minority Leader Mitch McConnell abruptly froze and was briefly unable to speak at a Senate press conference Wednesday, prompting his colleagues to rush in and help him walk a few feet away from the cameras. The chilling moments came during the Senate GOP leadership's weekly press conference in the Capitol, where McConnell, 81, was standing at a lectern when he fell silent all of a sudden. After a few minutes, McConnell returned to the lectern and finished the press conference. This potential leadership vacuum was on stark display Wednesday when a reporter asked McConnell whether he had "anybody in mind to replace you when you're no longer conference leader?"

Persons: Sen, John Barrasso, Mitch McConnell, McConnell, John Thune, Barrasso, Iowa Republican Joni Ernst, Frank Thorp Organizations: Republicans U.S, Capitol, WASHINGTON, GOP, Kentucky Republican, Iowa Republican, NBC, Republican, Senate, White Locations: Washington , DC, WASHINGTON —, Washington

☆ Morgan Stanley credits Bidenomics for 'much stronger' than expected GDP growth
▼ + stars: | 2023-07-21 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +3 min

As a result of these unexpected swells, Morgan Stanley now projects 1.9% GDP growth for the first half of this year. Morgan Stanley's revision came at a pivotal time for the Biden White House. "Together we are transforming the country, not just through jobs, not just through manufacturing, but also by rebuilding our infrastructure," Biden said Thursday during a visit to a Philadelphia shipyard. The White House has dubbed this brick-and-mortar economic growth formula "Bidenomics," a phrase originally used by Republicans to jab the president, who co-opted the term as a badge of honor. "This report confirms what we've long said: Our strong and resilient economy is Bidenomics in action," White House assistant press secretary Mike Kikukawa said in an email to CNBC.

Persons: Joe Biden, Jill Biden, WASHINGTON — Morgan Stanley, Joe Biden's, Ellen Zentner, Morgan Stanley, That's, Zentner, Morgan Stanley's, Biden, Kevin McCarthy, Mike Kikukawa Organizations: Marine, WASHINGTON, Biden's Infrastructure Investment, Jobs, Biden White House, Philadelphia shipyard, CNBC, America Economic Survey, Republicans, House Locations: Washington , DC, U.S, Philadelphia, America

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