DIRS.INFO The most relevant business & tech news

Georgetown University in Washington, D.C. Not everyone with debt would have been covered under the Biden administration’s student loan forgiveness plan. The Supreme Court has barred the Biden administration from carrying out its plan to extinguish up to $20,000 in federal student loan debt, and millions of borrowers will continue to struggle under the weight of their loans. Ms. Schmidt owes $64,000 in student debt, more than half of which is for her graduate work in nursing. But she’s already contemplating how she’ll finance her dream of becoming a civil rights lawyer, which typically requires an additional six figures in student debt. Yet her mother is still paying down student debt of her own.

Persons: Biden, Gina McDavitt, weren’t, Pell, “, ”, McDavitt, ” Ms, Ms, Monica Schmidt, Schmidt, Kevin Serna, Dorien Rogers, Rogers, Asha Anthony, she’s, —, Anthony, Mr, don’t, Joanna Leiserson, Brian Kaiser, “ I’m, Leiserson Organizations: Georgetown University, Biden, College of San, San Francisco State University, The New York Times, University of Phoenix, Northern Illinois University, Public, Schaun, Tax, Howard University, Salisbury University, The New York, Republicans Locations: Washington ,, College of San Mateo, Bay, Vallejo , Calif, Genoa, Ill, Germantown, Md, Credit, Montgomery County, Mesa, Maryland, Spokane, —, forbearance

☆ The Supreme Court Wrestles the Rights Monster
▼ + stars: | 2023-06-29 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

Daniel Henninger's weekly column, “Wonder Land,” appears in The Wall Street Journal each Thursday. Mr. Henninger was a finalist for a Pulitzer Prize in editorial writing in 1987 and 1996, and shared in the Journal's Pulitzer Prize in 2002 for the paper's coverage of the attacks on September 11. In 2004, he won the Eric Breindel Journalism Award for his weekly column. He has won the Gerald Loeb Award for commentary, the Scripps Howard Foundation's Walker Stone Award for editorial writing and the American Society of Newspaper Editors' Distinguished Writing Award for editorial writing. He is a weekly panelist on the "Journal Editorial Report" on Fox News.

Persons: Daniel Henninger's, ”, Henninger, Eric Breindel, Gerald Loeb, Scripps Howard Foundation's Walker Organizations: Scripps, American Society of Newspaper, Fox News, Georgetown University’s School of Foreign Service Locations: Cleveland

☆ The mosquito era: As the world warms, these insects are thriving – and bringing disease
▼ + stars: | 2023-06-29 | by ( Laura Paddison | ) edition.cnn.com time to read: +9 min

James Gathany/CDC/Handout/ReutersWhile serious mosquito-borne diseases remain rare in the US, other countries are not so lucky. While scientists are yet to assess the role climate change has played in the outbreak, Carlson said the links seem clear. But the shift of mosquito-borne diseases into regions like the US and Europe is still likely to be a shock. Scientists are working to develop tools to be able to better assess the link between mosquito-borne diseases and climate change. The path the world takes on reducing planet-heating pollution will lead to very different futures for mosquito-borne diseases, Brady said.

Persons: it’s, Edgar Su, ”, Oliver Brady, –, James Gathany, Colin Carlson, Carlson, I’m, Ernesto Benavides, Celine Gossner, ” Brady, “, Shannon LaDeau, they’ve, ” LaDeau, Jon Cherry, Gossner, Brady Organizations: CNN, US Centers for Disease Control, London School of Hygiene, Medicine, Climate Central, Georgetown University, Getty, European Centre for Disease Prevention, Carey Institute of Ecosystems Studies, Louisville Metro Department of Health, Wellness Locations: United States, Singapore, zika, West, Saharan Africa, Peru, Piura, AFP, Europe, “, Western Europe, China, Texas , Florida, Hawaii, Arizona, India, Louisville , Kentucky, Florida

Banks' commercial real estate portfolios performed better than expected, showing $65 billion in losses or 8.8% of average loan losses, slightly down on last year's 9.8%, the Fed said. "Some may ask how all the banks can get a regulatory thumbs-up when the industry just went through a period of turmoil. The test assesses whether banks would stay above the required minimum 4.5% capital ratio. The average capital ratio for the 23 banks was 10.1%, the Fed said. That compares with 9.7% last year, when the central bank tested 34 lenders against a slightly easier scenario.

Persons: Morgan Stanley, Goldman Sachs, Charles Schwab, Michael Barr, ” Barr, Banks, Barr, Lindsey Johnson, Dennis Kelleher, Ian Katz, Pete Schroeder, Caroline Valetkevich, Deepa Babington, Stephen Coates Organizations: Federal, JPMorgan Chase, Bank of America, Citigroup, Charles Schwab Corp, Deutsche Bank's, Financial Corp, U.S . Bancorp, Valley Bank, Wells, JPMorgan, Industry, Consumer Bankers Association, U.S, Treasury, T Bank, PNC Financial, Citizens Financial, Better, Fed, Capital Alpha Partners, Thomson Locations: Big U.S, Wells Fargo, U.S

Under the "stress test" exercise, the Fed tests big banks' balance sheets against a hypothetical severe economic downturn, the elements of which change annually. WHY DOES THE FED 'STRESS TEST' BANKS? It announces the size of each bank's stress capital buffer in the subsequent months. For example, the 2022 stress test envisioned a 5.8 percentage point jump in unemployment under a "severely adverse" scenario. This extra test will not count towards banks' capital requirements but will allow the Fed to explore applying multiple adverse scenarios in future.

Persons: Banks, Wells, Goldman Sachs, Morgan Stanley, Michael Barr, Pete Schroeder, Michelle Price, Andrea Ricci Organizations: U.S . Federal, Big, Fed, Citigroup, Bank of America, JPMorgan Chase &, Goldman Sachs, Deutsche Bank's U.S, JPMorgan Citigroup, Wells Fargo & Co, Bank, U.S, Treasury, Thomson Locations: Big U.S, Silicon

☆ Putin is facing a new threat at home while Russia's military is making itself 'vulnerable globally,' experts say
▼ + stars: | 2023-06-27 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

It comes as Russia's military is tied down in Ukraine and less able to respond to crises elsewhere. Those questions come as a Ukrainian offensive bears down on Russia's military, which since late last year has been replenishing its forces in Ukraine with aging equipment and under-trained personnel. These efforts have bolstered Russian units in Ukraine but left the Russian military more vulnerable elsewhere and undermined its ability to respond to other crises, experts say. Russia's military has tried to show it still has muscles to flex, mostly with air and naval forces that are largely undamaged by the war. Russian troops board a military aircraft on their way to Kazakhstan in January 2022.

Persons: Wagner, it's, Putin, —, Yevgeny Prigozhin, Vladimir Putin's, Russia's, Dara Massicot, Maxym, I've, there's, Massicot, Gorshkov, Kassym, Tokayev, Mark Galeotti, Galeotti, It's, Prigozhin, SERGEI GUNEYEV, Angela, John Kirby, Kirby Organizations: Service, Wagner Group, Rand Corporation, Georgetown University, Getty, Russia's, Fleet, Northern Fleet, Iranian Army, Anadolu Agency, Moscow, Russian Defense Ministry Press, Kremlin, SPUTNIK, Center for, East European Studies, Brookings Institution, National Security Locations: Moscow, Ukraine, Ukrainian, Russian, Ukraine's Kharkiv, Siberia, Norway, Georgia, Central Asia, Russia, Syria, Kazakhstan, Russia's, Armenia, Tajikistan

☆ Anthony Fauci to Join Georgetown University Faculty
▼ + stars: | 2023-06-26 | by ( Jennifer Calfas | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/anthony-fauci-to-join-georgetown-university-faculty-7a98fd98

Persons: Dow Jones, anthony, 7a98fd98 Organizations: georgetown

Under the "stress test" exercise, the Fed tests banks' balance sheets against a hypothetical severe economic downturn, the elements of which change annually. WHY DOES THE FED "STRESS TEST" BANKS? It typically publishes aggregate industry losses, and individual bank losses including details on how specific portfolios - like credit cards or mortgages - fared. It announces the size of each bank's stress capital buffer in the subsequent months. For example, the 2022 stress test envisioned a 5.8 percentage point jump in unemployment under a "severely adverse" scenario.

Persons: Banks, Wells, Goldman Sachs, Morgan Stanley, Michael Barr, Pete Schroeder, Michelle Price, Andrea Ricci Organizations: U.S . Federal, Fed, Citigroup, Bank of America, JPMorgan Chase &, Goldman Sachs, Deutsche Bank's U.S, JPMorgan Citigroup, Wells Fargo & Co, Bank, U.S, Treasury, Thomson Locations: Silicon

The central bank on Wednesday will release the results of its bank "stress tests" which assess how much capital banks would need to withstand a severe economic downturn. The annual exercise, introduced following the 2007-2009 financial crisis, is integral to banks' capital planning, dictating how much cash they can return to shareholders via dividends and share buybacks. Despite the turmoil, and the exam being the hardest in years, bank analysts and executives expect the 23 lenders being tested will show capital in excess of regulatory minimums. While that will not affect capital, it will be used to assess potentially employing multiple scenarios in future stress test exercises. "In an environment of ever-changing risks, stress tests can quickly lose their relevance if their assumptions and scenarios remain static," said Barr in December.

Persons: Nick Zieminski WASHINGTON, JPMorgan Chase, Goldman, Morgan Stanley, jitters, Wells, Jefferies, Randal Quarles, Michael Barr, Barr, Pete Schroeder, Michelle Price, Deepa Babington Organizations: Citibank, REUTERS, Big U.S, Bank, U.S, Treasury, Citigroup Inc, Bank of America, JPMorgan, Goldman Sachs, Capital, U.S . Bancorp, Citizens, Fed, Bank Policy Institute, RBC, Thomson Locations: Jackson, Queens, New York City, U.S, Big, Silicon, Wells Fargo, Washington

☆ US House Republicans seek to expunge Trump impeachments
▼ + stars: | 2023-06-23 | by ( David Morgan | ) www.reuters.com time to read: +4 min

Trump was just the third U.S. president to be impeached by the House and is the only one in U.S. history to have been impeached twice. Georgetown University Law Professor Jonathan Turley, whose expert advice Republicans sometimes seek, noted that the U.S. Constitution contains no provision for expunging impeachments. Greene's two-page resolution would expunge the 2019 impeachment, saying he was "wrongfully accused of misconduct." That won't stop the Republicans from doing it, and it's just further placating Donald Trump," said Representative Dan Goldman, who was lead Democratic counsel in the 2019 impeachment. On Wednesday, House Republicans censured Democratic Representative Adam Schiff over his leading role in the 2019 Trump impeachment.

Persons: Elise Stefanik, Sarah Silbiger, Donald Trump's staunchest, Marjorie Taylor Greene, Trump, Jonathan Turley, Turley, expungement, it's, Donald Trump, Dan Goldman, Greene, Trump's, Joe Biden, Christopher Wray, Adam Schiff, Steve Scalise, Schiff, Lauren Boebert, David Morgan, Scott Malone, Daniel Wallis Organizations: GOP, Caucus, U.S, Capitol, Washington , D.C, REUTERS, WASHINGTON, Congress, Representatives Republican, Republicans, Democratic, Georgetown University, U.S . Constitution, Democrats, U.S . Capitol, Biden, Thomson Locations: Washington ,, Ukraine, U.S ., New York, U.S

☆ The Talented Mr. Obama
▼ + stars: | 2023-06-22 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

WASHINGTON, June 22 (Reuters) - The head of the Federal Deposit Insurance Corporation said Thursday that bank regulators are considering applying an upcoming set of stricter capital rules to banks with over $100 billion in assets. "If we had any doubt that the failure of banks in this size category can have financial stability consequences, that has been answered by recent experience," he said in prepared remarks. "The lesson to take away is that banks in this size category can pose genuine financial stability risks." He added agencies will propose new capital rules to implement an international bank rule agreement in the near future, but will likely not complete the rules before the middle of 2024. But Gruenberg argued it was critical, particularly in the wake of the spring bank failures, for regulators to get tougher rules in place.

Persons: Martin Gruenberg, Gruenberg, Pete Schroeder, Nick Zieminski Organizations: Federal Deposit Insurance Corporation, Thomson Locations: Basel, U.S

Bank regulators led by the U.S. Federal Reserve are finalizing the proposal which would implement international capital standards agreed by the Basel Committee on Banking Supervision in the aftermath of the 2007-2009 financial crisis. On Wednesday, Fed Chair Jerome Powell told Congress it was critical banks have strong capital, but regulators must be mindful of the tradeoffs. Republican officials at the agencies have flagged similar concerns, two people said, while Republican lawmakers on Wednesday also raised worries over capital rules with Powell. The Fed is drafting the Basel rules with the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corp. (FDIC). Speaking to reporters last week, acting Comptroller Michael Hsu said banks had "not been shy about sharing their concerns" which regulators were taking into account.

Persons: Morgan Stanley, Andrew Kelly, Jerome Powell, Michael Barr, Isaac Boltansky, jitters, Powell, “, Kevin Fromer, It's, Michael Hsu, Pete Schroeder, Niket Nishant, Lananh Nguyen, Tatiana Bautzer, Michelle Price, David Gregorio Organizations: New York Stock Exchange, REUTERS, WASHINGTON, Bank, U.S . Federal, Banking, Bankers, Committee, American Express, U.S, UBS, Deutsche Bank, Barclays, Washington, Bank Policy Institute, WALL, Fed, Industry, Republican, Financial Services, Currency, Federal Deposit Insurance Corp, Regulators, FDIC, OCC, Thomson Locations: Manhattan , New York City, U.S, Basel, Silicon

WASHINGTON, June 21 (Reuters) - U.S. Federal Reserve Chair Jerome Powell on Wednesday said it is critical that banks have high levels of capital, but regulators must be mindful of the tradeoffs in ordering large reserves. Powell told the House Financial Services Committee that the Fed is considering multiple proposals on bank oversight, and struck a balanced tone on new capital requirements, saying healthy cushions are of "central importance," particularly for the largest global banks. We want banks to be able to lend in good and bad times," he said. Powell said the Fed has a "significant number of proposals in the works" on bank oversight, but none have been finalized or brought to the board for a vote yet. He also noted that higher capital requirements do come with tradeoffs, and the Fed will have to strike a balance between higher capital and how it could hinder bank lending.

Persons: Jerome Powell, Powell, Pete Schroeder, Mark Porter, Andrea Ricci Organizations: . Federal, Financial Services Committee, Fed, Thomson

[1/2] A U.S. flag flies outside a branch of the Silicon Valley Bank in Wellesley, Massachusetts, U.S., March 13, 2023. REUTERS/Brian SnyderWASHINGTON, June 20 (Reuters) - The U.S. Justice Department antitrust division plans to expand the scope of its bank merger review process, the department's chief said on Tuesday, in a sign the agency may get tougher when scrutinizing such deals. The comments are likely to disappoint the industry, which had been hoping Democratic President Joe Biden's administration would be more open to allowing deals after a spate of bank failures since March. Specifically, Kanter said any merger review for antitrust purposes must go beyond traditional factors like the impact on local depositors and branches, and consider a broader set of issues. "We believe this policy change will not be as negative for bank mergers as it may first appear," he added.

Persons: Brian Snyder WASHINGTON, Jonathan Kanter, Joe Biden's, Kanter, Biden, Isaac Boltansky, Cowen, Jaret Seiberg, Pete Schroeder, Deepa Babington, Michelle Price Organizations: Bank, REUTERS, U.S . Justice Department, Brookings Institution, Democratic, Justice Department, Silicon Valley Bank, DOJ, Thomson Locations: U.S, Wellesley , Massachusetts, Silicon

REUTERS/Brian SnyderWASHINGTON, June 20 (Reuters) - The head of the U.S. Justice Department's antitrust division on Tuesday urged the government to update bank merger guidelines to reflect "current market realities," in a sign authorities are likely to cast a wider net in scrutinizing deals in the sector. “There are good reasons ... to question whether the 1995 guidance sufficiently reflects current market realities," he said in a speech at the Brookings Institution, a think tank. "What we're saying is market realities have shifted, and when we apply the law, we have an obligation to ensure we are addressing the world as it exists today." President Joe Biden signed an executive order in 2021 directing the Justice Department to work with bank regulators to update merger guidelines and heighten scrutiny of deals. In his remarks, Kanter said he was focused on the antitrust implications of any bank mergers, and that broader factors were best left to the primary bank regulators to consider.

Persons: Brian Snyder WASHINGTON, Jonathan Kanter, Biden, Kanter's, Kanter, hasn't, Joe Biden, Pete Schroeder, Deepa Babington Organizations: Bank, REUTERS, U.S . Justice, Brookings Institution, Department, Justice Department, Silicon Valley Bank, Thomson Locations: U.S, Wellesley , Massachusetts, Silicon

☆ Amid US-China rivalry, a landmark science deal faces new scrutiny
▼ + stars: | 2023-06-18 | by ( Michael Martina | ) www.reuters.com time to read: +6 min

"Extending the Science and Technology Agreement between the U.S. and China would only further jeopardize our research and intellectual property," said Representative Mike Gallagher, the Republican chair of a congressional select committee on China. "The administration must let this outdated agreement expire." "It is hoped that the U.S. side will expedite the internal review before the expiration of the agreement," he said. Given the state of U.S.-China ties, trying to renegotiate could derail the agreement, they said. Proponents of renewing the deal argue that without it, the U.S. would lose valuable insight into China's technical advances.

Persons: Florence Lo, Antony Blinken, Mike Gallagher, Liu Pengyu, Joe Biden, Kurt Campbell, Denis Simon, Anna Puglisi, Michael Martina, Don Durfee, William Mallard Organizations: REUTERS, WASHINGTON, ., China Science, Technology, Science, U.S, State Department, National Security Council, Hudson Institute, University of North, Chapel Hill, Georgetown University's Center for Security, Emerging Technology, Thomson Locations: China, U.S, United States, Beijing, Washington, Pacific, University of North Carolina, East Asia

☆ Opinion | My Church Was Part of the Slave Trade. This Has Not Shaken My Faith.
▼ + stars: | 2023-06-17 | by ( Rachel L. Swarns | ) www.nytimes.com time to read: +1 min

For more than a century, Catholic priests in Maryland held Black people in bondage. So after the Civil War, the emancipated Black families that had been torn apart in sales organized by the clergymen were confronted with a choice: Should they remain in the church that had betrayed them? Over the past seven years, I’ve pieced together the harrowing origin story of the American Catholic Church, which relied on slave labor and slave sales to sustain itself and to help finance its expansion. As I’ve considered the choices those families faced in 1864, I have found myself pondering my faith and my church and my own place in it. It was one of the largest documented slave sales of the time, and it shattered entire families.

Persons: Black, I’ve, Witnesses Organizations: American Catholic Church, Georgetown University Locations: Maryland, Louisiana

WASHINGTON, June 16 (Reuters) - The U.S. Senate Banking Committee will consider a bill Wednesday that would allow regulators to claw back compensation for executives at failed banks. The bill, which also would require banks to include in their bylaws standards around responsible bank management, comes in response to the abrupt failures of Silicon Valley Bank and other banks in recent months, which set off broader turmoil in the banking sector. "Americans have watched executives take their money, run banks into the ground, and get away with it too many times before. It’s time for CEOs to face consequences for their actions, just like everyone else," said Brown in a statement. Reporting by Pete Schroeder, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Sherrod Brown, Tim Scott, Brown, Pete Schroeder, Deepa Babington Organizations: U.S . Senate, Republican, Valley Bank, Thomson

☆ Opinion: In Ukraine, the Russian military response to the counteroffensive shows how it’s improved – and how it hasn’t
▼ + stars: | 2023-06-16 | by ( Opinion Sébastien Roblin | ) edition.cnn.com time to read: +8 min

CNN —The beginning of the much-anticipated Ukrainian counteroffensive against Russia seems not to have been a resounding success for Kyiv. But they don’t mean that all is lost for Ukraine – or even that Ukraine is now losing. Russia’s artillery ammunition, missile stockpiles and most-modern ground combat vehicles were gravely depleted, so 60-year-old tanks have been withdrawn from storage. It was while attempting to breach a path through one such fortified minefield that the 47th Brigade’s vehicles bogged down last week. Notably, a parallel drive toward Mariupol at the same time as the 47th’s failed attack last week has made fast gains, compelling Russian forces to withdraw from several settlements.

Persons: Sébastien Roblin, Bradley, ” Sebastien Roblin, Sebastien Roblin, Putin, Biden, —, Jens Stoltenberg, ” Organizations: Popular Mechanics, NBC, Forbes.com, Georgetown University, Peace Corps, CNN, Kyiv, Ukraine’s 47th Brigade, Ukraine, Red Army, 47th Brigade, NATO, Twitter, Facebook Locations: China, Russia, Ukraine, Ukrainian, Kursk, Kherson, Normandy, Berdyansk, Crimea

☆ Biden’s March to State Capitalism
▼ + stars: | 2023-06-15 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

☆ Opinion: Uganda anti-LGBTQ law is outrageous. Here’s the smart way to fight it
▼ + stars: | 2023-06-15 | by ( Opinion Brett Bruen | ) edition.cnn.com time to read: +9 min

But perhaps most importantly in this context, it actually serves to further erode LGBTQ rights around the world. Putin has used attacks on LGBTQ rights as a way to try to appeal to African leaders, suggesting Russia is more aligned with their conservative values. Slapping stiff sanctions on Kampala will reinforce this rhetoric and allow the anti-LGBTQ attacks he’s using to gain greater strength. Instead, we should look at how to prominently elevate and sustain the focus on LGBTQ rights in our relations with Uganda as well as with these other nations. We should invite more Ugandan musicians, artists and actors to collaborate with leading American LGBTQ cultural figures.

Persons: Brett Bruen, Obama, Yoweri Museveni, doles, Brett Bruen CASME, Biden, George Santos, ” Santos, Ugandans, Vladimir Putin, Xi Jinping, Putin, Sen, Ted Cruz, Saddam Hussein Organizations: Inc, Georgetown University, Obama White House, CNN, State Department, United Arab, Ugandans, Twitter, Facebook Locations: American, Ivory Coast, Venezuela, Iraq, Madagascar, Uganda, United States, Kampala, East, Russia, Zimbabwe, Africa, China, Washington, Moscow, Beijing, Russian, Saudi Arabia, United Arab Emirates, Brunei, Eritrea

☆ Russia's 'least capable' troops aren't in Ukraine, but they're still causing problems next door, experts say
▼ + stars: | 2023-06-15 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +8 min

Moldova, next door to Ukraine, has been under pressure from Russia for decades. Amid the war in Ukraine, Kyiv and Western officials say Moscow is stepping up its interference. As a result of a 1992 war between Moldovan forces and Transnistrian separatists, Russian troops entered the breakaway region to support the separatists. Following that war, Transnistria gained a form of autonomy. SERGEI GAPON/AFP via Getty ImagesMoldova declared a state of emergency after Russia attacked Ukraine in February 2022, and it remains in effect.

Persons: —, that's, John Sullivan, SERGUEI VORONIN, Chișinău, Maia Sandu, Diego Herrera Carcedo, SERGEI GAPON, Moldova's, John Kirby, Kirby, Pierre Crom, Thomas de Waal, Dara Massicot, Massicot, Jamar Marcel Pugh, Sandu, Ursula von der Leyen, Constantine Atlamazoglou Organizations: Service, Georgetown University, Getty, Moldovan, NATO, EU, Anadolu Agency, Getty Images Moldova, White House National Security Council, Carnegie, RAND Corporation, US Army National Guard, European Commission, Fletcher School of Law, LinkedIn Locations: Moldova, Ukraine, Russia, Transnistria, Kyiv, Western, Moscow, Soviet Union, Romania, Europe, Baltic, Poland, Bender, Transnistrian, Chisinau, May, Lithuania, Sweden, AFP, Russian, Carnegie Europe, NATO, Bulgaria

National security law experts were struck by the breadth of evidence in the indictment which includes documents, photos, text messages, audio and witness statements. They said this made a strong case for prosecutors’ allegation that Trump illegally took the documents and then tried to cover it up. Trump's greatest peril could lie in the conspiracy to obstruct justice charges, which carry a maximum sentence of 20 years in prison. Cato's Neily said that based on his reading of the indictment, prosecutors likely have many witnesses who have given them similar accounts of Trump's efforts. Legal experts disagree over whether Trump could pardon himself if he wins.

Persons: Trump, Wilkie D, Ferguson Jr, Walt Nauta, Chris Kise, Todd Blanche, Jane, Read, Donald Trump, ”, Elizabeth Goitein, Clark Neily, Mark MacDougall, Trump's, Jack Smith's, Brennan Center's Goitein, Cato's Neily, “, Todd Huntley, TRUMP, Jack Queen, Sarah N, Lynch, Amy Stevens, Cynthia Osterman, Howard Goller Organizations: U.S, United, REUTERS, White House, FBI, Brennan Center for Justice, DOJ, Department of Justice, Federal Bureau of Investigation, Cato Institute, Prosecutors, Georgetown University, Trump, Washington , D.C, Thomson Locations: Miami , Florida, U.S, Florida, New York, Washington ,

National security law experts were struck by the breadth of evidence in the indictment which includes documents, photos, text messages, audio and witness statements. They said this made a strong case for prosecutors’ allegation that Trump illegally took the documents and then tried to cover it up. Trump's greatest peril could lie in the conspiracy to obstruct justice charges, which carry a maximum sentence of 20 years in prison. Legal experts said Trump's alleged years-long effort to conceal documents was likely a major factor in Special Counsel Jack Smith's decision to indict him. Legal experts disagree over whether Trump could pardon himself if he wins.

Persons: Donald Trump, Trump, ”, Elizabeth Goitein, Clark Neily, Mark MacDougall, Trump's, Jack Smith's, Wilkie D, Ferguson Jr, Walt Nauta, Chris Kise, Todd Blanche, Jane, Read, Brennan Center's Goitein, Cato's Neily, “, Todd Huntley, TRUMP, Jack Queen, Sarah N, Lynch, Amy Stevens, Cynthia Osterman, Howard Goller Organizations: White House, FBI, Brennan Center for Justice, DOJ, Department of Justice, Federal Bureau of Investigation, Cato Institute, U.S, United, REUTERS, Prosecutors, Georgetown University, Trump, Washington , D.C, Thomson Locations: Florida, Miami , Florida, U.S, New York, Washington ,

Search resuls for: "Georgetown University"

25 mentions found