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He was irked, sources familiar with his mindset told CNN’s Kaitlan Collins, that the judge referred to him simply as “Mr. Any alternative Republican president could find themselves besieged by demands from Trump supporters for a pardon that, if granted, could overshadow their entire presidency. The California Republican compared Trump’s behavior to the complaints by supporters of past Democratic presidential nominees Al Gore and Hillary Clinton, who complained of electoral irregularities. A few Democrats objected to certifying Trump’s election in Congress is 2016, but Clinton did not challenge it in the courts. But their blind spot on Trump’s far worse, Constitution-threatening conduct shows just how far he has changed their party.
Persons: Donald Trump, Trump, , CNN’s Kaitlan Collins, Jack Smith –, , ” Trump, pardoning, J, Michael Luttig, ” Luttig, , Geoff Duncan, ” Duncan, Richard Nixon, ” Nixon, Smith, Alberto Gonzales, George W, Bush, Ty Cobb, CNN’s Erin Burnett, Cobb, Elliot Williams, Biden’s, Kevin McCarthy, Al Gore, Hillary Clinton, ” McCarthy, Gore, Clinton, Kinzinger, Biden, Hunter Organizations: CNN, Washington, Republican, Capitol, Trump, Justice Department, Department of Justice, White, GOP, California Republican, Democratic, Supreme, CNN Republicans, Republicans Locations: America, United States, New Jersey, Georgia, California, China, Ukraine, Bedminster
[1/2] People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File PhotoJuly 20 (Reuters) - Goldman Sachs (GS.N) has brought back to its fold senior executive Tom Montag, adding him to its board as the Wall Street giant looks to regain lost ground after its ill-fated foray into consumer banking. Considered to be an ally of CEO David Solomon, Montag could bolster support for the chief executive, who is looking to undo the damage from the company's high-profile flop in retail banking. "Tom brings extensive financial services and risk management experience, with over 35 years in the industry," Solomon said. "He has incredible perspective regarding the complex financial and non-financial risks that large global financial institutions face."
Persons: Goldman Sachs, Andrew Kelly, Tom Montag, Montag, David Solomon, Goldman, Tom, Adebayo Ogunlesi, Merrill Lynch, Solomon, writedowns, Saeed Azhar, Niket, Manya, Arun Koyyur, Lananh Nguyen Organizations: REUTERS, Reuters, Bank of America, Rubicon, TPG, Manya Saini, Thomson Locations: Manhattan , New York, U.S, New York, Bengaluru
Goldman Sachs board plans to tap Tom Montag to join, Bloomberg reports. Now, he is said to be in line to join the board of Goldman Sachs as its CEO, David Solomon, faces scrutiny over his leadership. Still, Bloomberg notes, Montag would be the first bank executive named to the board under Solomon, who became CEO of the bank in 2018. Solomon's hobby as a DJ and his use of the firm's private jets have also rubbed some Goldman insiders the wrong way. At Goldman, Montag was big in JapanMontag bleeds Goldman blue.
Persons: Goldman Sachs, Tom Montag, Montag, David Solomon, Solomon, , Sridhar Natarajan, Katherine Doherty, Goldman, David Viniar, Goldman's, Adebayo, Ogunlesi, Insider's Dakin Campbell, Japan Montag, Merrill Lynch, Insider's Alex Morrell, Charming, Kate Kelly, BofA Organizations: Bloomberg, of, Morning, Bank of America's, Goldman, Credit Suisse, Global Infrastructure Partners, Reuters, Bank of America, Bank America, The New York Times, Times, Private, TPG, Street Journal Locations: Japan
NEW YORK, June 26 (Reuters) - Goldman Sachs Group Inc (GS.N) plans to add former Bank of America executive Tom Montag to its board, a person familiar with the matter said on Monday, as Goldman's leadership faces challenges over its strategy. The bank's board is gathering in India this week, a second source said. Montag, who has previously worked at Goldman Sachs, is currently CEO of Rubicon Carbon, a carbon-market venture backed by asset manager TPG. The planned appointment was first reported by Bloomberg News, which said that Montag is an ally of CEO David Solomon. Montag, described by his peers as a hard-charging executive, was formerly a partner at Goldman Sachs and jointly led its securities division until late 2007.
Persons: Tom Montag, Montag, Goldman Sachs, David Solomon, Goldman, Merrill Lynch, Solomon, Saeed Azhar, Manya, Arun Koyyur, Emelia Organizations: YORK, Goldman Sachs Group Inc, of America, Rubicon, TPG, Bloomberg News, Bank of America, Manya Saini, Thomson Locations: India, New York, Bengaluru
On Friday, Yevgeny Prigozhin sought to overtake the Russian military after months of infighting. Military strategist Mick Ryan told Insider it will sow chaos in Russia, no matter the outcome. The infighting between the mercenary leader and the Russian military leadership comes after months of Prigozhin feuding with Russian President Vladimir Putin over the treatment of Prigozhin's for-hire army. "Prigozhin is likely to be the biggest loser," Ryan told Insider. This is probably the end of the tolerance for his outbursts and demands of the military," Ryan told Insider: "I think it's most likely that things won't turn out well for him.
Persons: Yevgeny Prigozhin, Mick Ryan, , Wagner, ousts, Yevgeny Prigozhin's, Prigozhin, Vladimir Putin, Ryan, Putin, that's, Russia we'll Organizations: Service, Center for Strategic, International Studies, Russian Locations: Russia, Ukraine, Rostov, Russian
Jim Cramer sits down with Team Rubicon CEO Art delaCruz
  + stars: | 2023-06-21 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer sits down with Team Rubicon CEO Art delaCruzTeam Rubicon CEO Art delaCruz joins 'Mad Money' host Jim Cramer to talk Ford's $5.8 million investment in the organization.
Persons: Jim Cramer, delaCruz Organizations: Team Rubicon, Rubicon
Opinion | A ‘Rubicon Moment’ for Donald Trump
  + stars: | 2023-06-14 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Trump Thrives in a Broken System. He’ll Get Us There Soon,” by Thomas L. Friedman (column, June 14):Mr. Friedman is exactly right. Donald Trump will finally be tried in a federal court of law after being indicted. We have to believe that nobody — nobody meaning even an ex-president and possible future president — is above the law. Almost beyond belief, Judge Aileen M. Cannon has been randomly selected to preside over the court proceedings.
Persons: Trump, Thomas L, Friedman, Donald Trump, , Aileen M, Cannon Organizations: Mr
Why Hong Kong can’t cut loose from the US dollar just yet
  + stars: | 2023-06-13 | by ( Laura He | ) edition.cnn.com   time to read: +11 min
Hong Kong CNN —Hong Kong’s currency is facing its biggest test since the global financial crisis of 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar. The Hong Kong Monetary Authority (HKMA) is committed to keeping the Hong Kong dollar between 7.75 and 7.85 per greenback. People walk past the Hong Kong Monetary Authority (HKMA) on May 4, 2023, in Hong Kong, China. “Pegging the Hong Kong dollar to the US dollar encourages such transactions to be carried out in Hong Kong and under Hong Kong law, even if neither party is based in Hong Kong.”This helps to create jobs and prosperity in Hong Kong, while also benefiting mainland China.
Persons: Hong, hasn’t, Andy Xie, ” Logan Wright, Bill Ackman’s, Ackman, Wright, Peter Parks, Kong, Deng Xiaoping, Margaret Thatcher, outflows, Chi Lo, Chen Yongnuo, Hong Kong’s, , Richard Cookson ,, Boaz Weinstein, Daniel Fung, Rhodium’s Wright, Xie, Eddie Yue, Banks, John Greenwood, , Greenwood, ” Greenwood Organizations: Hong Kong CNN, British, Hong, Traders, Hong Kong, Bill Ackman’s Pershing, Capital Management, Getty, Lehman Brothers, Hong Kong Monetary Authority, US Federal Reserve, Asia Pacific, BNP, Asset Management, Fed, China News Service, Rubicon Fund Management, Bloomberg, Saba Capital Management, National Security Law, CNN Locations: Hong Kong, United States, China, Hong, Beijing, AFP, Britain, , , Riding
A woman intentionally threw a drink at Rep. Matt Gaetz during an event on Saturday, police said. Gaetz decided to press ahead with criminal charges against the woman. A previous case of a drink being thrown at Gaetz resulted in a woman serving 15 days in prison. A woman with Chambers told police that she was actually the one who cursed at Gaetz as they walked past, according to the Pensacola News Journal. This is the second time Gaetz has had a drink thrown at him resulting in criminal charges, with the first incident leading to a prison sentence.
A Litany of Clichés - The New York Times
  + stars: | 2023-04-27 | by ( Michael Massing | ) www.nytimes.com   time to read: +4 min
Ramped up, amped up, ratchet up, gin up, up the ante, double down, jump-start, be behind the curve, swim against the tide, go south, go belly up, level the playing field, open the floodgates, think outside the box, push the edge of the envelope, pull out all the stops, take the foot off the pedal, pump the brakes, grease the wheel, circle the wagons, charge full steam ahead, pass with flying colors, move the goal posts, pour gasoline on, add fuel to the fire, fly under the radar, add insult to injury, grow by leaps and bounds, only time will tell, go to hell in a handbasket, put the genie back in the bottle, throw the baby out with the bathwater, rearrange the deck chairs on the Titanic, have your cake and eat it too, a taste of one’s own medicine, stick to one’s guns, above one’s pay grade, punch above one’s weight, lick one’s wounds, pack a punch, roll with the punches, come apart at the seams, throw a wrench into, caught in the cross hairs, cross the Rubicon, tempt fate, go ballistic, on tenterhooks, hit the nail on the head, a nail in the coffin, joined at the hip, welcome with open arms, rub shoulders with, shoot oneself in the foot, dip one’s toes into, have a leg up, dance to the tune of, the next shoe to drop, in the DNA of, the gold standard, a gold mine, land mines, a run for the money, money to burn, penny-wise and pound-foolish, lap of luxury, off the charts, over a barrel, late to the party, it takes two to tango, behind the eight ball, pride of place, final straw, full throttle, no holds barred, red flag, silver lining, on a silver platter, in the rearview mirror, bargain basement, silos, morph, meme, trope, mind meld, warp speed, inner demons, have skin in the game, game changer, change agent, strong suit, ground game, ground zero, inflection point, tipping point, playbook, page turner, singing from the same hymnal, singing a new tune, straight out of central casting, the devil’s in the details, take the bull by the horns, the canary in the coal mine, chickens coming home to roost, beat a dead horse, pony up, the straw that broke the camel’s back, open a can of worms, buy a pig in a poke, cash cow, rabbit hole, dog days, dog whistle, bells and whistles, tool kit, third rail, the tip of the iceberg, the light at the end of the tunnel, the arc of history, speak truth to power, break the glass ceiling, the writing’s on the wall, between a rock and a hard place, beyond the pale, take the wind out of the sails of, that ship has sailed, sinking ship, tidal wave, roller-coaster ride, gravy train, tanked, cratered, Rubik’s Cube, Rosetta Stone, Rolodex, poster child, problem child, rock star, pundit, national treasure, charter member, heavy hitter, heavy lifting, political football, throw a Hail Mary, full-court press, hit a home run, play with house money, laser-focused, secret sauce, red meat, piece of cake, bread and butter, cherry-pick, low-hanging fruit, sticker shock, kick-start, kick into overdrive, kick the tires, kick the can down the road, where the rubber meets the road, an albatross around the neck, a feather in the cap, long in the tooth, armed to the teeth, cut one’s teeth, rib tickler, spine tingling, pull the wool over the eyes of, pull the plug on, pull the trigger, loosen the reins, sweep under the carpet, throw under the bus, throw for a loop, read the riot act, lead the pack, the short end of the stick, at the drop of a hat, the jury is still out, hung out to dry, as if that weren’t enough, it would be an understatement to say, it would be no exaggeration to say, despite or perhaps because of, what goes around comes around, for all intents and purposes, make a long story short, the fact of the matter, to be sure, truth be told, a who’s who, famously, arguably, literally, zeitgeist, mantra, optics, granular, narrative, interrogate, paradigm, venue, robust, compelling, fever pitch, pitch perfect, picture perfect, perfect storm, take by storm, eye of the storm, back burner, petri dish, echo chamber, hot button, hard wire, go viral, bingeable, blockbuster, on steroids, testosterone-laced, metastasize, contextualize, preternaturally, outsize, gobsmacked, turbocharged, weaponized, apocalyptic, existential …
Rolling Fork, Mississippi suffered massive damage from a powerful tornado on March 24. Racial disparities existed in Rolling Fork for decades. She started I-DIEM after spending over 14 years in disaster management. Shirley Stamps stands in the rubble of her home in the aftermath of the Rolling Fork tornado. And increasingly, non-profits are doing things differently to address racial disparities in disaster management.
The 2024 Jeep Wrangler features an evolutionary exterior design, which is typical for the quintessential SUV, and a redesigned interior that includes additional safety, convenience and tech features such as a 12.3-inch center control screen. In addition to the interior upgrades, the 2024 Wrangler will offer additional off-road features such as larger tires and an 8,000-pound-capacity warn winch. 2024 Jeep Wrangler Rubicon 392 (left) and Wrangler Rubicon X 4xe JeepJeep, specifically with the Wrangler, has long dominated the off-road SUV segment. 2024 Jeep Wrangler interior JeepThe Wrangler 4xe has been the bestselling PHEV in the U.S. for the past two years, according to the company. The 2024 Jeep Wrangler will be available in Sport, Willys, Sahara, High Altitude, Rubicon and Rubicon 392 models.
[1/9] Supporters of Wisconsin Supreme Court candidate Daniel Kelly cheer during a campaign event the night before Wisconsin's Supreme Court election, in Waukesha, Wisconsin, U.S., April 3, 2023. Abortion has dominated the campaign, with the court expected in the coming months to decide whether to uphold the state's 1849 abortion ban. The state's Democratic attorney general, Josh Kaul, has challenged the statute's validity in a lawsuit backed by Democratic Governor Tony Evers. "Judges are supposed to wear a black robe, but she's made clear she'll be wearing a blue robe," said Mark Jefferson, the state Republican chair. "What we are seeing in this race is an indication that this is a new era for state Supreme Court elections," he said.
CHICAGO – Jeep on Thursday revealed its most expensive Wrangler SUV ever, topping more than $115,000. The limited-edition vehicle is the 2023 Wrangler Rubicon 392 20th Anniversary with heavy-duty off-road parts customization from upfitter American Expedition Vehicles. Only 150 of the AEV SUVs will be produced as part of a broader 20th Anniversary collection of Wrangler's popular Rubicon model. The 2023 Wrangler Rubicon 392 20th Anniversary vehicle, without the extra off-roading capability, starts at $94,485. A plug-in hybrid electric version of the 20th Anniversary Wrangler Rubicon SUV starts at $71,380.
How to earn Southwest pointsCompare Southwest credit cards Southwest Rapid Rewards® Plus Credit CardSouthwest Rapid Rewards® Premier Credit CardSouthwest Rapid Rewards® Priority Credit CardSouthwest® Rapid Rewards® Premier Business Credit CardSouthwest® Rapid Rewards® Performance Business Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Transfer points from Diners Club or hotel loyalty programsDiners Club members can also transfer Club Rewards points to Southwest — 1,500 Club Rewards points, for instance, would convert to 1,200 Southwest points. It's also possible to redeem points earned through participating hotel loyalty programs if you'd rather put them toward flights than hotel stays, though redemption rates are pretty low:5,000 Best Western Rewards points = 1,200 Southwest points6,000 Choice Privileges points = 1,800 Southwest points2,000 Radisson Rewards America points = 200 Southwest points50,000 Radisson Rewards America points = 5,000 Southwest points100,000 Radisson Rewards America points = 10,000 Southwest points9,000 Marriott Bonvoy points = 3,000 Southwest points30,000 Marriott Bonvoy points = 10,000 Southwest points60,000 Marriott Bonvoy points = 20,000 Southwest points90,000 Marriott Bonvoy points = 30,000 Southwest points120,000 Marriott Bonvoy points = 40,000 Southwest points5,000 World of Hyatt points = 2,400 Southwest points50,000 World of Hyatt points = 24,000 Southwest pointsNote that World of Hyatt throws in an additional 6,000 Southwest points as long as you're a member, while Marriott Bonvoy adds 5,000 Southwest points for every 60,000 Marriott points transferred. For instance, a $220 Business Select fare would yield 2,640 Southwest points, while a $200 Anytime ticket would yield 2,000 Southwest points, and a $100 Wanna Get Away ticket would yield 600 Southwest points. Earn Southwest points by taking online surveysYou can earn points by taking online surveys through E-Rewards — $15 worth of E-Rewards yields 300 Southwest points, $25 worth of E-Rewards yields 600 Southwest points, $50 worth of E-Rewards yields 1,200 Southwest points, and $100 worth of E-Rewards yields 2,400 Southwest points.
The lawsuit tackles a business at Google that is responsible for 80 percent of its revenue. The Justice Department asked the court to compel Google to break up its ad technology business. Eight states joined the department in Tuesday's lawsuit, including Google's home state of California. The lawsuit says "Google has thwarted meaningful competition and deterred innovation in the digital advertising industry." In addition to its well-known search, which is free, Google makes revenue through its interlocking ad tech businesses, which connect advertisers with newspapers, websites and other firms looking to host them.
REUTERS/Benoit TessierWASHINGTON, Jan 24 (Reuters) - The U.S. Justice Department filed a lawsuit against Alphabet's (GOOGL.O) Google on Tuesday over allegations that the company abused its dominance of the digital advertising business. "Google has used anticompetitive, exclusionary, and unlawful means to eliminate or severely diminish any threat to its dominance over digital advertising technologies," the government said in its antitrust complaint. The Justice Department asked the court to compel Google to divest its Google Ad manager suite, including its ad exchange AdX. The lawsuit is the second federal antitrust complaint filed against Google, alleging violations of antitrust law in how the company acquires or maintains its dominance. The Justice Department lawsuit filed against Google in 2020 focuses on its monopoly in search and is scheduled to go to trial in September.
He says the combination of easy monetary policy and future stimulus will cause more inflation. True to form, Societe Generale strategist Albert Edwards says investors shouldn't get too excited when interest rates level off. Edwards, who is famous for his bearish views on markets, says that rates usually peak after the Federal Reserve has already raised interest rates to a level that's too high. Still, Edwards says that core inflation is going to come down fast, as many of the causes of high inflation are now unwinding. It was only after the Fed raised interest rates to record levels that inflation finally "broke."
Australia's RBA finds unexpected industry interest in an eAUD
  + stars: | 2022-12-07 | by ( ) www.reuters.com   time to read: +2 min
Interested entities ranged from large banks, financial market infrastructure providers and consultancies, to small digital asset firms and fintechs. The RBA intends to select a number of proposals to take forward into the pilot phase early next year. However, Jones cautioned that the actual adoption of a retail CBDC to replace cash would be revolutionary and come with costs and dangers that had yet to be addressed. Instead, it was possible household holdings of eAUD at the RBA would end up replacing deposits held by commercial banks, sapping their ability to lend. "Prior to crossing this Rubicon, a strong public interest case would first need to emerge," Jones concluded on adoption of a retail CBDC.
TPG Taps Montag for Ambitious Carbon-Credit Effort
  + stars: | 2022-11-29 | by ( Amrith Ramkumar | ) www.wsj.com   time to read: 1 min
Private-equity firm TPG Inc. has recruited former Wall Street power broker Tom Montag and partnered with several blue-chip companies to launch a carbon-credit business it hopes will add transparency and boost growth in the nascent market for emissions offsets. The firm is investing $300 million into the new company, called Rubicon Carbon, and is aiming to raise a total of $1 billion to kick-start the effort. Rubicon Carbon is intended to give buyers a simpler and safer way to invest in carbon credits.
British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. The U.S. dollar held at a 32-year peak against the yen and rose from a two-week trough against a basket of major peers, underpinned by expectations of aggressive U.S. Federal Reserve interest rate hikes. “Sterling edged lower against its peers after yet another upside surprise in the latest UK inflation data... “Following the budget fiasco, there is also a great deal of uncertainty as to the pace of upcoming Bank of England interest rate hikes," he added. read moreElsewhere, the dollar pushed as high as 149.48 yen for the first time since August 1990 in early London trading.
The dollar pushed as high as 149.395 yen overnight for the first time since August 1990, before last trading at 149.305 in the Asian session. read moreThe dollar index - which measures the currency against six peers including the yen, sterling and euro - added 0.2% to 112.19, after dropping to the lowest since Oct. 6 at 111.76 overnight. Meanwhile, sterling was little changed at $1.1318, licking its wounds after a 0.34% decline in the previous session. Economists in a Reuters poll predict another 75 basis-point rate hike from the European Central Bank on Thursday of next week. The currency last traded 0.08% higher at $0.56905, close to the previous session's two-week high of $0.5719.
The euro hovered close to a two-week high. read moreThe dollar, which currently reigns as the safe-haven currency of choice, has sagged this week amid the bear rally in equities globally following some upbeat earnings. read moreThe euro was about flat at $0.9857, hanging just under Tuesday's high of $0.98755, a level last seen on Oct. 6. read moreThe New Zealand dollar remained elevated following Tuesday's blowout consumer price data, which raises expectations for continued aggressive tightening by the Reserve Bank. The currency last traded 0.19% higher at $0.5695, close to the previous session's two-week high of $0.5719.
The dollar pushed as high as 149.395 yen overnight for the first time since August 1990, before last trading at 149.305 in the Asian session. Meanwhile, sterling was little changed at $1.1318, licking its wounds after a 0.34% decline in the previous session. Economists in a Reuters poll predict another 75 basis-point rate hike from the European Central Bank on Thursday of next week. The New Zealand dollar remained elevated following Tuesday's blowout consumer price data, which raises expectations for continued aggressive tightening by the Reserve Bank. The currency last traded 0.08% higher at $0.56905, close to the previous session's two-week high of $0.5719.
How to earn Southwest pointsCompare Southwest credit cards Southwest Rapid Rewards® Plus Credit CardSouthwest Rapid Rewards® Premier Credit CardSouthwest Rapid Rewards® Priority Credit CardSouthwest® Rapid Rewards® Premier Business Credit CardSouthwest® Rapid Rewards® Performance Business Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Transfer points from Diners Club or hotel loyalty programsDiners Club members can also transfer Club Rewards points to Southwest — 1,500 Club Rewards points, for instance, would convert to 1,200 Southwest points. It's also possible to redeem points earned through participating hotel loyalty programs if you'd rather put them toward flights than hotel stays, though redemption rates are pretty low:5,000 Best Western Rewards points = 1,200 Southwest points6,000 Choice Privileges points = 1,800 Southwest points2,000 Radisson Rewards America points = 200 Southwest points50,000 Radisson Rewards America points = 5,000 Southwest points100,000 Radisson Rewards America points = 10,000 Southwest points9,000 Marriott Bonvoy points = 3,000 Southwest points30,000 Marriott Bonvoy points = 10,000 Southwest points60,000 Marriott Bonvoy points = 20,000 Southwest points90,000 Marriott Bonvoy points = 30,000 Southwest points120,000 Marriott Bonvoy points = 40,000 Southwest points5,000 World of Hyatt points = 2,400 Southwest points50,000 World of Hyatt points = 24,000 Southwest pointsNote that World of Hyatt throws in an additional 6,000 Southwest points as long as you're a member, while Marriott Bonvoy adds 5,000 Southwest points for every 60,000 Marriott points transferred to an airline. For instance, a $220 Business Select fare would yield 2,640 Southwest points, while a $200 Anytime ticket would yield 2,000 Southwest points, and a $100 Wanna Get Away ticket would yield 600 Southwest points. Earn Southwest points by taking online surveysYou can earn points by taking online surveys through E-Rewards — $15 worth of E-Rewards yields 300 Southwest points, $25 worth of E-Rewards yields 600 Southwest points, $50 worth of E-Rewards yields 1,200 Southwest points, and $100 worth of E-Rewards yields 2,400 Southwest points.
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