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Search resuls for: "Joe Palazzolo"


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Trump Hush-Money Probe Enters Final Stages
  + stars: | 2023-03-03 | by ( Corinne Ramey | Joe Palazzolo | ) www.wsj.com   time to read: 1 min
Former President Donald Trump has said the probe is motivated by politics. Manhattan prosecutors are in the final stages of presenting evidence to a grand jury about Donald Trump’s alleged role in paying hush money to a porn star on the eve of the 2016 election, teeing up a long-awaited decision on whether to bring charges against the former president. The grand jury has heard or will soon hear testimony from all the individuals who played key roles in the hush-money deal and its aftermath, according to people familiar with the matter. Michael Cohen, who represented Mr. Trump in the hush-money deal, said Friday that he was meeting with prosecutors to do some more work before his coming grand-jury appearance.
Vince McMahon , the executive chairman of World Wrestling Entertainment Inc., has agreed to a multimillion-dollar legal settlement with a former wrestling referee who accused him of raping her in 1986, according to people familiar with the agreement. Mr. McMahon’s settlement with Rita Chatterton, completed last month, averts a public legal fight over her allegations as Mr. McMahon pursues a possible sale of the company.
A $21.1 million tax deduction involving former President Donald Trump’s Seven Springs estate has become a point of contention in Mr. Trump’s tax returns. In 2015, then-businessman Donald Trump pledged to preserve more than 150 acres of woodland on his Westchester County, N.Y., estate, enabling him to take a big charitable deduction on his federal taxes. That $21.1 million tax deduction involving his Seven Springs estate now has emerged as a point of contention in Mr. Trump’s taxes, according to the House Ways and Means Committee, which voted Tuesday to make six years of his tax returns public.
The Internal Revenue Service’s audits of Donald Trump‘s tax returns were thinly staffed and unusually deferential to Mr. Trump’s tax advisers, according to a nonpartisan report from congressional tax specialists. At times, only a single IRS agent was assigned to examine Mr. Trump’s complex tax returns, with insufficient support from specialists, according to the report by the staff of the Joint Committee on Taxation, which provided the information to the House committee that voted to release the former president’s tax information.
Representatives of former President Donald Trump have criticized the decision of Democrats to make his tax returns public. The Internal Revenue Service’s audits of Donald Trump’s tax returns were thinly staffed and at times unusually deferential to Mr. Trump’s tax advisers, according to a nonpartisan report from congressional tax specialists. At times, only a single IRS agent was assigned to examine Mr. Trump’s complex tax returns, with insufficient support from specialists, according to the report by the staff of the Joint Committee on Taxation, which provided the information to the House committee that voted to release the former president’s tax information.
Mark Wu held more than $1 million of Amazon.com Inc. stock when President Biden tapped him to help craft a trade policy that would benefit U.S. technology companies and online retailers. Ethics officials at the Office of the U.S. Trade Representative said they gave Mr. Wu two options: Get rid of the stock or recuse himself from digital trade issues.
Federal officials working on the government response to Covid-19 made well-timed financial trades when the pandemic began—both as the markets plunged and as they rallied—a Wall Street Journal investigation found. In January 2020, the U.S. public was largely unaware of the threat posed by the virus spreading in China, but health officials were on high alert and girding for a crisis.
Thousands of officials across the government’s executive branch reported owning or trading stocks that stood to rise or fall with decisions their agencies made, a Wall Street Journal investigation has found. More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies while those same companies were lobbying their agencies for favorable policies. That amounts to more than one in five senior federal employees across 50 federal agencies reviewed by the Journal.
Thousands of officials across the government’s executive branch reported owning or trading stocks that stood to rise or fall with decisions their agencies made, a Wall Street Journal investigation has found. More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies while those same companies were lobbying their agencies for favorable policies. That amounts to more than one in five senior federal employees across 50 federal agencies reviewed by the Journal.
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