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☆ 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

And what everyone sort of expected to happen seems to be roughly what’s happening, which is that the populist right has consolidated a lot of support. So that’s sort of three-dimensional chess of one sort. That gets at the definition of populism, right? michelle cottleYeah, so but that kind of then lends itself to a backlash when you feel like things aren’t going right. carlos lozadaWell, I mean —ross douthatI think that’s all sincere.

Persons: lydia polgreen Ross, carlos lozada, lydia polgreen, michelle cottle, carlos lozada That’s, lydia polgreen That’s, Lydia Polgreen, michelle cottle I’m Michelle Cottle, ross douthat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, We’ve, Ross, michelle cottle Woo, — ross douthat, lydia polgreen —, I’m, ross, — michelle cottle, ross douthat —, ross douthat, Emmanuel Macron, Macron, Silvio Berlusconi, Giorgia, Meloni, Brexit, It’s, populists, ”, Lozada, it’s, don’t, we’ll, that’s, we’ve, JD Vance, He’s, — carlos lozada, polgreen, Trumpist, who’s, Vance, we’re, Trump, — michelle cottle Woo, carlos lozada —, —, decries, — ross, won’t, carlos lozada Well, carlos lozada Don’t, Don’t, it’s — michelle cottle, I’ve, Trumpism, Donald Trump, michelle cottle Huey Long, Carlos, William Jennings Bryan, Michelle, Huey Long, George Wallace, Ross Perot, Pat Buchanan, Bernie Sanders, you’ve, Charles Coughlin, Richard Nixon, Ronald Reagan, Biden, unquote, nobody’s, he’s, JD Vance don’t, Robert Penn, Warren, Long, lydia polgreen Wow, ross douthat — Carlos Lozada, George Packer, lydia polgreen Go, carlos lozada Oh, that’s — carlos lozada —, lydia polgreen We’ll, carlos lozada It’s, lydia polgreen It’s Organizations: “ New York, Trump, Tories, National Health Service, Republican, Social Security, Republican Party, Chamber of Commerce, “ Times, Aspen Ideas, Nebraska Democrat, Tea Party, Occupy, Belt, Star Locations: “, Europe, France, United States, Italy, United Kingdom, South, British, Ohio, Middletown , Ohio, America, Sun Valley, Middletown, Louisiana, Alabama, China, Connecticut, Belt America, Florida , Texas, California, American, Texas, Mexico, Arizona

☆ Why did early presidents not campaign? It’s all modern presidents seem to do
▼ + stars: | 2024-05-11 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +9 min

I talked to Brendan Doherty, a professor of political science at the United States Naval Academy and author of the books, “The Rise of the President’s Permanent Campaign” and “Fundraiser in Chief: Presidents and the Politics of Campaign Cash,” about why early presidents stayed off the trail and how this became the permanent campaign. Our conversation, conducted by email, is below:WOLF: Why didn’t early presidents personally campaign? DOHERTY: In the early decades of the republic, presidential candidates adhered to the norm that they should not actively campaign for office. DOHERTY: While early presidential candidates didn’t actively campaign, their supporters got the word out on their behalf. DOHERTY: Modern presidents campaign for themselves and for their fellow party members throughout their term in office.

Persons: Donald Trump, he’d, ”, Trump, “, Joe Biden, —, Brendan Doherty, DOHERTY, WOLF, didn’t, Andrew Johnson, Johnson, William Jennings Bryan, Republican William McKinley, Franklin Roosevelt, Harry Truman, Harry S, George Skadding, John F, Kennedy, Ronald Reagan, Herbert Hoover, Reagan, hadn’t, it’s Organizations: CNN, “, United States Naval Academy, Newspapers, Democratic, Republican, Truman, Catholic, White, Wisconsin and, Ronald, Electoral, Technological Locations: York, Pennsylvania , Michigan, Wisconsin, Florida, New Jersey, Wisconsin and West Virginia, Fairfield , Connecticut

☆ Masimo seeks to stave off proxy fight with Politan, makes settlement offer
▼ + stars: | 2024-05-09 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Health-tech firm Masimo , facing the imminent threat of litigation and a second proxy contest, offered a settlement to Politan Capital's Quentin Koffey on Thursday that would fill a vacant board seat with one of the activist's proposed directors. The company is trying to spin off its consumer technology division in concert with an unspecified joint-venture partner, CEO Joe Kiani said earlier this year. The settlement offer would not have been possible without the imminent resignation of current director Rolf Classon, whose departure was attributed to "personal health reasons." Koffey waged a successful proxy fight at Masimo last year earning himself and another nominee representation on Masimo's six-person board. Politan launched a second proxy fight to oust Kiani earlier this year, saying that the "absence of oversight has been damaging for shareholders."

Persons: Politan Capital's Quentin Koffey, Masimo's, Craig Reynolds, William Jellison, Joe Kiani, Koffey, Masimo, Rolf Classon, Politan, Kiani Organizations: Masimo Locations: Kiani

☆ Top aide admits to $1 billion fraud conspiracy ahead of Chinese mogul's trial
▼ + stars: | 2024-05-03 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

A former aide to Chinese billionaire Guo Wengui has pleaded guilty to fraud. Yvette Wang admitted to conspiracy weeks before her ex-boss is set to stand trial. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementYvette Wang, a former aide to indicted Chinese billionaire Guo Wengui, pleaded guilty to fraud, federal prosecutors said Friday.

Persons: Guo Wengui, Yvette Wang, Guo, —, Wang, William Je Organizations: Service, Department of Justice, Business

The last presidential rematch came in 1956, when Republican President Dwight D. Eisenhower again defeated Adlai Stevenson, the Democratic opponent he had four years prior. Grover Cleveland, meanwhile, was the nation's 22nd and 24th president, winning elections in 1884 and 1892. Here's how it stacks up in history:Photos You Should See View All 60 ImagesWhen was the last rematch of a presidential race? Republican President William McKinley topped Democrat William Jennings Bryan in the election of 1896 and then again in 1900. A Democratic anti-corruption crusader and governor of New York, Cleveland narrowly won the presidential election of 1884.

Persons: Joe Biden, Donald Trump, Biden, Trump, Dwight D, Eisenhower, Adlai Stevenson, Grover Cleveland, Stevenson, William McKinley, William Jennings Bryan, Martin Van Buren, William Henry Harrison of, Harrison, John Quincy Adams, Andrew Jackson, Adams, Jackson, John Adams, Thomas Jefferson, George Washington, Jefferson, Republican Benjamin Harrison, Cleveland, Ulysses S, Grant, James A, Garfield, wasn't, Teddy Roosevelt, Roosevelt, William H, Taft, “, Woodrow Wilson, Millard Fillmore, Zachary Taylor, Fillmore, William Henry Harrison ., Van Buren Organizations: WASHINGTON, Democratic, Biden, Trump, Republican, Whig Party, Federalist, Cleveland, GOP, Bull Moose Party, Free Soil Party Locations: New York, —, Maryland

WAYCROSS, Ga. (AP) — Two young citizen-soldiers who became close friends after enlisting in the Army Reserve were remembered at funerals in southeast Georgia on Saturday, nearly three weeks after they died in a drone attack while deployed to the Middle East. Kennedy Sanders was held in the packed 1,200-seat auditorium of Ware County Middle School in Waycross. The soldiers were among three members of their Army Reserve unit who died Jan. 28 in a drone strike on a U.S. base in Jordan near the Syrian border. According to the Army Reserve, Moffett and Sanders both enlisted in 2019 as construction engineers who use bulldozers and other heavy equipment to clear roads and construction sites. She joined the Army Reserve after graduating from Windsor Forest High School, where she had been a drum major and JROTC cadet.

Persons: Kennedy Sanders, Sanders, Col, Jeffrey Dulgarian, “, ” Sanders, Mandy Lingenfelter, ” Lingenfelter, Jesus, Breonna Moffett, Moffett’s, Jan, William Jerome Rivers, Moffett's, Francine Moffett, Moffett, children's, Oneida Oliver Organizations: Army Reserve, Ware County Middle School, Atlanta Journal, Gators, 926th Engineer Battalion, 926th Engineer Brigade, Moffett, Palsy, Windsor Forest High School, Hamas Locations: Georgia, Ware, Waycross, Ware County, Savannah, U.S, Jordan, Syrian, Carrollton, Fort Moore, Iran, Israel, Syria

☆ Biden’s balancing act with Iran aims for deterrence, not a wider war
▼ + stars: | 2024-02-03 | by ( Kevin Liptak | ) edition.cnn.com time to read: +8 min

“I think it is a real strong deterrence,” said Sen. Tammy Duckworth, an Illinois Democrat and Iraq War veteran. It was only about an hour after Biden departed Dover Air Force Base in Delaware that the first US strikes began in Iraq and Syria. Inside the Situation Room, Biden and his team assessed a set of options that each came with a certain degree of risk. And there are clear indications that Iran isn’t looking for a war with the United States — just as Washington insists it isn’t seeking a broader conflict. “There’s been no communications with Iran since the attack that killed our three soldiers in Jordan,” National Security Council spokesman John Kirby said Friday night.

Persons: Joe Biden’s, Biden, won’t, “, ”, Sen, Tammy Duckworth, ” Biden, Mark Esper, Donald Trump’s, ” Esper, he’d, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, United States —, —, haven’t, Biden’s, “ There’s, John Kirby, Beth Sanner, Qasem, ” Sanner Organizations: CNN, Islamic Revolutionary Guard Corps Quds Force, Illinois Democrat, Iraq, Biden, Dover Air Force Base, US Army Reserve Command, Spc, Breonna, United, White, ” National Security Locations: Iraq, Syria, Iran, Red, Illinois, Jordan, Delaware, United States, Gaza, South Carolina, Tehran, Yemen, Washington, Iranian

The Bidens will attend a “dignified transfer” as the remains of the troops killed in the overnight assault Sunday return to U.S. soil. Defense Secretary Lloyd Austin will join the Bidens for the transfer in Dover, where such events take place when U.S. servicemembers are killed in action. Friday will be the second dignified transfer Biden attends as president. In August 2021, he took part in the ritual for the 13 servicemembers killed during the suicide bombing in Kabul. As vice president, Biden in 2016 attended a dignified transfer for two U.S. soldiers killed in a suicide blast at Bagram Airfield.

Persons: Joe Biden, Jill Biden, servicemembers, Lloyd Austin, William Jerome Rivers, Kennedy Sanders, Waycross, Breonna Moffett, Moffett, ” Biden, Biden, Rivers, Sanders, Jerome, Tara Copp Organizations: Dover Air Force Base, U.S, Defense, Sunday, Navy, Capitol, Army, Army Reserves, Army Reserve, Defense Department, Pentagon, Hezbollah, White, Press Locations: WILMINGTON, Del, Jordan, U.S, Dover, Georgia, William Jerome Rivers of Carrollton, Sgt, Savannah, Sanders, Iran, Israel, Yemen, Moffett, Rivers, Fort Moore, New Jersey, Iraq, Afghanistan, Kabul, airport’s, Syria

Attacks The map shows five of the seven sites that the U.S. hit with military strikes in Syria and Iraq. The strikes hit more than 85 targets at different locations using more than 125 precision-guided munitions, according to a statement by U.S. Central Command. Two American officials said the United States also conducted cyberoperations against Iranian targets on Friday but declined to provide details. It is clear from statements from the White House, and from Tehran, that neither the United States nor Iran wants a wider war. Striking sites in the Mideast with aircraft launched from the United States and refueled midair is a muscular show of global reach and capability, the official said.

Persons: Biden, Biden’s, Mr, “, ”, John F, Kirby, Douglas, Sims, Yahya Rasool, That’s, Iran’s, Jordan, Roger Wicker of, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, Moffett, Sanders, Sergeant Rivers Organizations: Iranian, Islamic Revolutionary Guards Corps Quds Force, U.S . Central Command, Islamic Revolutionary Guards Corps, ”, Jordan . Middle, Revolutionary Guards, National Security Council, White House, Central Command, White, Pentagon, Dyess Air Force Base, U.S, military’s Joint Staff, Air Force, Iraq’s Armed Forces, Iran’s Revolutionary Guards Corps, Revolutionary Guards Corps, Administration, Capitol, Biden, Republican, Armed Services Committee, Dover Air Force Base, Army Reserve Locations: United States, Syria, Iraq, East, Jordan, Iran, U.S, Jordan ., Tehran, Texas, Yemen, Israel, Gen, Roger Wicker of Mississippi, Delaware

☆ Austin Says Iran Trains and Funds Militias Targeting U.S. Troops
▼ + stars: | 2024-02-01 | by ( Helene Cooper | More About Helene Cooper | ) www.nytimes.com time to read: +1 min

Defense Secretary Lloyd J. Austin III stopped short on Thursday of blaming Iran for attacks that killed three U.S. service members on Sunday in Jordan but said that Tehran trained and funded the militia groups that have targeted American troops and commercial shipping in the Middle East. Mr. Austin, in a rare show of bravado, continued the Biden administration’s promises of retribution. William Jerome Rivers, 46, of Carrollton, Ga.; Specialist Kennedy Ladon Sanders, 24, of Waycross, Ga.; and Specialist Breonna Alexsondria Moffett, 23, of Savannah, Ga. The Pentagon says that 40 American troops were injured. Biden administration officials say that the drone strike crossed a red line and that there is no way the president will not respond.

Persons: Lloyd J, Austin III, Austin, Biden, “, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett Organizations: ”, Pentagon Locations: Iran, Jordan, Tehran, United States, Carrollton , Ga, Waycross, Savannah, Ga

☆ Defense Department Identifies 3 Soldiers Killed at Base in Jordan
▼ + stars: | 2024-01-29 | by ( Dave Philipps | ) www.nytimes.com time to read: +1 min

The Department of Defense on Monday identified three Army Reserve soldiers who were killed at a U.S. base in Jordan on Sunday in what the Biden administration said was a drone attack from an Iran-backed militia. The department said at least 34 other service members were wounded in the attack. William Jerome Rivers, 46, of Carrollton, Ga.; Specialist Kennedy Ladon Sanders, 24, of Waycross, Ga.; and Specialist Breonna Alexsondria Moffett, 23, of Savannah, Ga. “On behalf of the Army Reserve, I share in the sorrow felt by their friends, family and loved ones,” said the chief of the Army Reserve, Lt. Gen. Jody Daniels. “Their service and sacrifice will not be forgotten, and we are committed to supporting those left behind in the wake of this tragedy.”

Persons: Biden, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, ”, Jody Daniels, “ Organizations: of Defense, Reserve, 718th Engineer Company, Army Reserve Locations: U.S, Jordan, Iran, Carrollton , Ga, Waycross, Savannah, Ga, Fort Moore, —

☆ A Drone Mix-Up Was Cited in the Deaths of 3 U.S. Troops
▼ + stars: | 2024-01-29 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

U.S. air defenses at a remote military outpost in Jordan failed to stop a deadly drone attack yesterday because it arrived at the same time that an American drone was returning to base, American officials said. Three U.S. service members died in the strike, the first known American military deaths in the conflict that has spilled over from the Israel-Hamas war. The returning American craft prompted confusion over whether the hostile drone — which U.S. officials said had the “footprints of Kataib Hezbollah,” an Iran-affiliated group in Iraq — was friendly, and air defenses were not immediately activated. The drone landed near the living quarters of Tower 22, an American resupply base in northeast Jordan near Syria and Iraq. President Biden, who has vowed to retaliate, could order strikes on Iran’s proxy forces, a major escalation of the attacks he has already conducted in Syria, Iraq and Yemen.

Persons: William Jerome Rivers, Kennedy Ladon Sanders, Alexsondria Moffett, ”, Iraq —, Biden Organizations: U.S, Pentagon, Hezbollah Locations: Jordan, American, Israel, Iran, Iraq, Syria, Yemen

CNN —The three US soldiers killed in the drone attack on a US military outpost in Jordan were identified Monday as Sgt. US Army Reserve Command, APSingh said more than 40 were injured in the attack, a number that could possibly continue to increase. The enemy drone also flew low, which may have allowed it to evade the base’s air defenses, officials said. A US official told CNN that there have been six attacks since Friday, including Sunday’s drone attack and a multi-rocket attack on Patrol Base Shaddadi in Syria on Monday morning. The consensus is that an Iran-backed militia group is behind the deadly drone attack, though the US is still working to determine which group specifically is responsible.

Persons: William Rivers, Kennedy Sanders, Breonna Moffett, Sabrina Singh, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, AP Singh, Singh, Syria —, John Kirby, CNN’s Phil Mattingly, White, “, ” Kirby, weren’t, ” Singh, ”, Jens Stoltenberg, Lloyd Austin, ” Austin Organizations: CNN, Defense Department, 718th Engineer Company, US Army Reserve, Pentagon, US Army Reserve Command, Spc, Breonna, AP, Baghdad Diplomatic Support, Regional Medical Center, US, Patrol Base Shaddadi, National Security, Kataib Hezbollah, Revolutionary Guard, Hezbollah, NATO Locations: Jordan, Carrollton , Georgia, Waycross , Georgia, Savannah , Georgia, Fort Moore , Georgia, Baghdad, Landstuhl, American, East, Syria, Iran, Iraq, Yemen, Israel, Gaza, Lebanon

☆ Youngest US Soldier Killed in Jordan Drone Attack Was 23
▼ + stars: | 2024-01-29 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - The U.S. military on Monday released the names of the three Army Reserve soldiers killed in Sunday's drone attack by Iran-backed militants in Jordan, with the youngest victim just 23 years old. The attack on Sunday also wounded more than 40 troops when the drone slammed into the housing units early in the morning. The United States is trying to determine exactly why the nearly 350 troops at the base in Jordan, known as Tower 22, were unable to stop the drone. Two officials, speaking on condition of anonymity, said a U.S. drone was approaching the base around the same time the attack drone was incoming. One of the officials said the attack drone was also flying low, factors that may have contributed to it being missed by base defenses.

Persons: William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, Jody Daniels, Daniels, Phil Stewart, Idrees Ali, Sandra Maler Organizations: WASHINGTON, U.S, Monday, Army Reserve, U.S . Army Reserve Command, Sunday Locations: Iran, Jordan, Carrollton , Georgia, Waycross , Georgia, Savannah , Georgia, Israel, United States, U.S

☆ Let's set the table for the second half by reflecting on this year's hated bull market
▼ + stars: | 2023-07-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +18 min

You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.

Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China

☆ George Santos Must Be Held Accountable by Republican Leaders - The New York Times
▼ + stars: | 2023-05-19 | by ( The Editorial Board | ) www.nytimes.com time to read: +2 min

George Santos is far from the first member of Congress to be indicted while in office. agents discovered $90,000 hidden in the freezer of Representative William Jefferson, who was under investigation for bribery. But in one way, Mr. Santos is different from other members of Congress who have demonstrated moral failures, ethical failures, failures of judgment and blatant corruption and lawbreaking in office. These misdeeds erode the faith in the institution of Congress and the electoral system through which American democracy functions. For that reason, House Republican leaders should have acted immediately to protect that system by allowing a vote to expel Mr. Santos and joining Democrats in removing him from office.

☆ Feds arrest Chinese tycoon linked to Steve Bannon and charge him with defrauding online fans to fund his yacht, Ferrari, and $36,000 mattresses
▼ + stars: | 2023-03-15 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +1 min

A Chinese tycoon was arrested and charged with defrauding his online followers out of over $1 billion. Feds say Guo Wengui used stolen money to buy a $3.5 million Ferrari and two $36,000 mattresses. Wengui is facing various fraud and money laundering charges, the US Attorney's Office for the Southern District of New York announced on Wednesday. He allegedly asked his followers to invest in or give money to GTV, the Himalaya Farm Alliance, and the Himalaya Exchange. He also allegedly used the money to finance a $37 million luxury yacht, according to the charges.

☆ DOJ charges Chinese businessman Guo Wengui, associate of Steve Bannon, in $1 billion fraud
▼ + stars: | 2023-03-15 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

Former White House Chief Strategist Steve Bannon greets fugitive Chinese billionaire Guo Wengui before introducing him at a news conference on November 20, 2018 in New York. The controversial exiled Chinese billionaire businessman Guo Wengui — an associate of former Trump White House advisor Steve Bannon — was arrested in New York on Wednesday for orchestrating what federal prosecutors called a more than $1 billion fraud conspiracy that duped online followers with promises of outsized investment returns. Former President Donald Trump months later pardoned Bannon in that case, shortly before Trump left the White House. IThe defendants are charged with wire fraud, securities fraud, bank fraud, and money laundering in the criminal case. Both Guo and Je face ossible sentences of up to 20 years in prison if convicted.

[1/5] Guo Wengui (also known as Miles Kwok) holds a news conference with Steve Bannon in New York, New York, U.S., November 20, 2018. Guo, 52, was charged with 11 criminal counts including securities fraud, wire fraud and concealment of money laundering, after "lining his pockets with the money he stole," U.S. Attorney Damian Williams in Manhattan said in a statement. They will propose a "robust bail package," according to Tamara Giwa, a federal public defender who represented Guo at Wednesday's hearing. Bannon is not accused of wrongdoing in Guo's criminal case. It said it also seized assets purchased with proceeds from Guo's alleged fraud, including a Lamborghini Aventador, and wants Guo to forfeit the yacht.

☆ Billionaire Ken Griffin is raising alarm over his desire to move a 100-year-old home off his $107 million Miami estate
▼ + stars: | 2023-02-07 | by ( Robert Davis | ) www.businessinsider.com time to read: +5 min

The billionaire Ken Griffin bought a historic Miami property for about $107 million in September. If the HEPB rejects the plan, Griffin could appeal to the Miami City Commission. A Citadel representative, Zia Ahmed, told the Journal that if Griffin were to move the house, "the utmost care and every precaution" would be taken. To Varas, the idea of moving the property to another piece of land was tantamount to "redacting history." Coconut Grove, the neighborhood in Miami where Griffin purchased a $107 million estate.

☆ Billionaire Ken Griffin wants to relocate a historic Miami home he purchased for $107 million. Preservationists say it could set a dangerous precedent.
▼ + stars: | 2023-02-07 | by ( Robert Davis | ) www.businessinsider.com time to read: +5 min

The billionaire Ken Griffin bought a historic Miami property for about $107 million in September. A Citadel representative, Zia Ahmed, told the Journal that if Griffin were to move the house, "the utmost care and every precaution" would be taken. To Varas, the idea of moving the property to another piece of land was tantamount to "redacting history." Coconut Grove, the neighborhood in Miami where Griffin purchased a $107 million estate. Preservationists told the Journal that the home was a testament to the grand-estate days of Miami's early history when Coconut Grove experienced an economic boom.

☆ Billionaire Ken Griffin Wants to Move a Historic Home Off His Miami Property. Preservationists Aren’t Happy.
▼ + stars: | 2023-02-02 | by ( Katherine Clarke | ) www.wsj.com time to read: +1 min

When hedge-fund billionaire Ken Griffin announced plans to relocate his company Citadel to Miami last year, some predicted his presence—and subsequent bet on the local real-estate market—would shape the future of the city. Now, some local preservationists say Mr. Griffin is being cavalier about protecting the city’s past. A proposal by Mr. Griffin to relocate a historic home on a site he purchased in Miami’s Coconut Grove for $106.875 million last year has become controversial in the community. Preservationists say a property of that level of historic designation, built around 1913 for three-time presidential candidate and onetime Secretary of State William Jennings Bryan and listed on the National Register of Historic Places, shouldn’t be moved, outside of extreme circumstances. Mr. Griffin says moving the home, possibly to a city-owned site, would allow the public access to it for the first time since it was built over a century ago.

☆ Billionaire Ken Griffin Wants to Move a Historic Home off His Miami Property. Preservationists Aren’t Happy.
▼ + stars: | 2023-02-02 | by ( Katherine Clarke | ) www.wsj.com time to read: +1 min

☆ 'Cases up the wazoo for years to come': Legal insiders brace for a world where Trump loses and the ex-president faces down a slew of reinvigorated court fights
▼ + stars: | 2020-11-02 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +16 min

The Trump campaign did not respond to Insider's questions about the possible legal challenges ahead for the president and his team. Justice Department investigation 'plausible'Could Trump's own Justice Department, at this moment, be criminally investigating the Trump reelection campaign? And that means officials there would "likely be avoiding public investigative steps" even if they were examining Trump campaign activity, Petalas said. Separately, Insider in mid-July reported that the Trump campaign was conducting an internal review of campaign spending irregularities overseen by Parscale. "If I was President Trump, that's what I would be worried about."

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