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Thermal coal insurance rates rose more than 20% last year, it said, above the 7.3% rise in the benchmark Marsh Global Insurance Market Index. Insurance companies can be active in both primary insurance and reinsurance and have differing commitments on ESG for different parts of their business. "Establishing a mutual fund for the coal industry is a matter for the coal industry," a spokesperson for the Australian Department of Treasury said. "I'm talking about going beyond your normal UK-based markets and looking into Asia for funders and insurance cover," she added. Coal prices hit record highs in September last year as European countries scrambled to replace Russian gas, sending coal miners' profits soaring.

Persons: Philip Mostert, Seriti, Doug Gain, Gain, Ben Davis, Willis Towers Watson, Thungela, China's, Russia's, Switzerland's Chubb, Chubb, Russia's SOGAZ, Peter Bosshard, Nombasa Tsengwa, Tsengwa, Exxaro, Clara Denina, Sarah McFarlane, Nelson Banya, Elaine Hardcastle, Daniel Flynn Organizations: REUTERS, Seriti, Thungela Resources, International Energy Agency, Reuters, Marsh Global Insurance, Whitehaven Coal, Whitehaven, Allianz, Swiss, Germany's Allianz, Insuramore, Australian Department of Treasury, South, Thomson Locations: American, Mpumalanga Province, South Africa, South, Ukraine, Whitehaven, Munich, Australia, Asia, Europe

☆ Republicans Agree on Foreign Policy — When It Comes to China - The New York Times
▼ + stars: | 2023-08-31 | by ( Peter Beinart | ) www.nytimes.com time to read: +3 min

Understanding why Republicans prioritized China then helps explain why they’re prioritizing it now. Many of America’s most influential Asia Firsters — like the Time magazine publisher Henry Luce — were either the children of American missionaries in China or had served as missionaries there themselves. The John Birch Society, whose fervent and conspiratorial brand of anti-Communism foreshadowed the right-wing populism of today, took its name from an Army captain and former missionary killed by Chinese communists at the end of World War II. It boasts much of the world’s economic, political and military power, which is why the Biden administration focuses on the region, too. In March, a Gallup poll found that while Democrats were 23 points more likely to consider Russia a greater enemy than China, Republicans were a whopping 64 points more likely to say the reverse.

Persons: Robert Taft, “ Mr, H, Alexander Smith, Truman, William Knowland, Joyce Mao, Chiang Kai, shek, Asia Firsters, Henry Luce —, John Birch, Biden, Mao, fixate, Vladimir Putin, Xi Jinping Organizations: Republican, NATO, Foreign Policy, Armed Services Committee, Nationalist, Republicans, Communist, Time, John, John Birch Society, Army, Gallup Locations: Europe, Formosa, ”, Taiwan, China, Asia, United States, Pacific, Washington, Beijing, Russia

☆ Factbox: Subway to sell itself to Roark Capital
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsAug 24 (Reuters) - Roark Capital snapped up Subway in a $9.55 billion deal, sources said on Thursday, after it outbid several private-equity groups. The pair then started franchising Subway restaurants, with the first outlet outside of Connecticut being opened in Massachusetts a year later. For 2022, Subway posted a 9.2% year-over-year increase in same-store sales, thanks to its "Subway Series" menu - a lineup of 12 new signature sandwiches. In March, Goldman Sachs' (GS.N) asset management arm, PE firms Bain Capital, TPG, TDR Capital, Advent International and Roark Capital emerged among the list of suitors for the sandwich chain. Reuters reported earlier this week, citing sources that Roark Capital was in the lead to acquire the chain for well over $9 billion after attaching conditions to some of the windfall the two families that own it would get.

Persons: Thomas White, Roark Capital, Fred DeLuca, Peter Buck, DeLuca, Buck, Arby's, Quiznos, Burger, Jared Fogle, Chidsey, John Chidsey, Morgan, Goldman Sachs, Roark, Deborah Sophia, Granth Vanaik, Varun, Anil D'Silva Organizations: REUTERS, Subway, KFC, Bain Capital, TPG, TDR, Advent International, Roark Capital, Reuters, Thomson Locations: Bridgeport , Connecticut, Connecticut, Massachusetts, Bahrain, Subway, United States, Burger, U.S, North America, Bengaluru

☆ Subway sandwich chain sells itself to Dunkin' owner Roark Capital
▼ + stars: | 2023-08-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

In this photo illustration, a Subway meal is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas. Roark Capital is buying Subway, ending the sandwich chain's more than five decades of family ownership and marking a new era for the struggling company. Subway dwarfs all of them by number of restaurants, and brings in more annual sales than all but Dunkin'. Through holding company Inspire Brands, Roark owns Dunkin', Baskin-Robbins, Sonic, Arby's, Buffalo Wild Wings and Jimmy John's. Roark plans to keep Subway as a separate entity within its portfolio, Subway CEO John Chidsey told the Journal.

Persons: Roark, Dunkin, Robbins, Jimmy John's, Anne's, Carvel, Neil Saunders, John Chidsey, Chidsey, Fred DeLuca, Peter Buck, Jared Fogle, DeLuca, Buck Organizations: Roark Capital, Subway, TDR, Sycamore Partners, Wall Street, Inspire Brands, Baskin, Buffalo Wild Wings, Focus Brands, Journal ., Business Locations: Austin , Texas, Cinnabon, Connecticut, U.S

Reuters reported on Tuesday on a so-called earn-out agreement that was key to Roark clinching a deal for Subway. Roark prevailed over a rival bidding group led by buyout firms TDR Capital and Sycamore Partners, whose final offer was for $8.75 billion including an earn-out, and $8.25 billion without, the sources said. Roark took the view that the restaurant market is too fragmented for the deal to raise competition concerns, the sources added. Roark and Subway, which announced the deal on Thursday, declined to comment on the terms. Roark currently controls Inspire Brands, the owner of restaurant chains including Jimmy John's, Arby's, Baskin-Robbins and Buffalo Wild Wings.

Persons: Roark, DeLuca, Buck, John's, Jimmy John’s, Jimmy John's, Neil Saunders, Peter Buck, Fred DeLuca, JPMorgan Chase, Sullivan, Cromwell, Weiss, Garrison, Roark Capital, Morgan Stanley, Anirban Sen, Abigail Summerville, Deborah Sophia, Greg Roumeliotis, Marguerita Choy Organizations: Roark, Reuters, Subway, TDR Capital, Sycamore Partners, Inspire Brands, Baskin, Robbins, Buffalo Wild Wings, JPMorgan, Cromwell LLP, Thomson Locations: Connecticut, U.S, Bridgeport , Connecticut, The Milford , Connecticut, Rifkind, Wharton, New York, Bengaluru

☆ Transitory inflation is in goods, not services: Citi's Andrew Hollenhorst
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTransitory inflation is in goods, not services: Citi's Andrew HollenhorstPeter Boockvar, Bleakley Financial Group CIO, Dennis Lockhart, former Atlanta Fed president, and Andrew Hollenhorst, Citi chief U.S. economist, join 'The Exchange' to discuss Fed policy aiding natural disinflation, where core goods inflation is headed, and Chair Powell's upcoming Jackson Hole remarks.

Persons: Citi's Andrew Hollenhorst Peter Boockvar, Dennis Lockhart, Andrew Hollenhorst, Jackson Organizations: Bleakley Financial, Atlanta Fed, Citi

☆ Subway is being sold to a massive private-equity firm, finally moving the sandwich chain away from family ownership after nearly 60 years
▼ + stars: | 2023-08-24 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Roark's brands include Arby's, Dunkin', Buffalo Wild Wings, and rival sub store Jimmy John's. Subway is in the midst of a huge rebrand after suffering from a sales slump. Through Inspire Brands, it also owns another sub chain — Jimmy John's — which has more than 2,600 stores. AdvertisementAdvertisementSince the first Subway store opened in 1965, the company has been owned by its two founders, Fred DeLuca and Peter Buck, and their families. The sandwich chain announced last month that it had achieved 10 consecutive quarters of positive sales, including recording its highest weekly average unit volume in North America in the second quarter of 2023.

Persons: Dunkin, Jimmy John's, John Chidsey, Fred DeLuca, Peter Buck, It's Organizations: Roark, Arby's, Buffalo Wild Wings, Service, Roark Capital, Subway, Inspire Brands Locations: Wall, Silicon, North America

A Subway sandwich shop logo is pictured in the Manhattan borough of New York February 14, 2014. These conditions, known as an earn-out, defer payment on part of the deal consideration, the sources said. The Wall Street Journal reported on Monday that Roark Capital was nearing a deal to buy Subway for about $9.6 billion. A spokesperson for Subway declined to comment, while representatives for Roark and TDR did not immediately respond to requests for comment. Roark controls Inspire Brands, owner of the Jimmy John's, Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Rusty Taco and SONIC Drive-In chains.

Persons: Carlo Allegri, Roark, DeLuca, Buck, John's, TDR, Sycamore, Goldman Sachs, Fred DeLuca, Peter Buck, Jimmy John's, Dunkin ’, Rusty Taco, Jimmy John’s, Abigail Summerville, Anirban Sen, Greg Roumeliotis Organizations: REUTERS, TDR, Sycamore Partners, Goldman Sachs, Subway, Street, Roark Capital, Goldman, Inspire Brands, Baskin, Robbins, Buffalo Wild Wings, Thomson Locations: Manhattan, New York, TDR Capital, Bridgeport , Connecticut, The Milford , Connecticut, U.S, Champaign , Illinois

☆ Australia's Bol out of 800m after doping reprieve
▼ + stars: | 2023-08-22 | by ( Mitch Phillips | ) www.reuters.com time to read: +1 min

BUDAPEST, Aug 22 (Reuters) - Australian Peter Bol endured an anti-climatic appearance at the World Athletics Championships on Tuesday as, having had a doping suspension lifted only weeks before the event, he looked well off the pace in the 800m heats and failed to progress. Bol, fourth at the Tokyo Olympics and the Commonwealth Games silver medallist last year, was provisionally suspended in January after testing positive for synthetic erythropoietin (EPO). However, in an unusual development, an "atypical finding" was discovered in his B sample leading to the ban being lifted in February. However, the case dragged on until the start of August when he was finally cleared by Sport Integrity Australia. Reporting by Mitch Phillips, editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Peter Bol, Bol, Emmanuel Korir, Emmanuel Wanyonyi, Mitch Phillips, Toby Davis Organizations: Tokyo Olympics, Commonwealth Games, Sport Integrity, Thursday's, Kenyan, Thomson Locations: BUDAPEST, Budapest

☆ To Trump, Foreign Business Is Scandalous, Unless It’s His Own
▼ + stars: | 2023-08-22 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

After his fourth indictment, bringing his total count of felony charges to 91, former President Donald J. Trump last week posted a video online accusing President Biden and his family of being criminals. “The Biden crime family,” he claimed, had received millions of dollars from foreign countries. “I believe we have a compromised president,” Mr. Trump said, adding: “He’s a Manchurian candidate. That’s why Crooked Joe is letting other countries walk all over the United States.”For Mr. Trump, outrage is a selective commodity when it comes to presidential families taking millions of dollars from foreign countries. Unlike other modern presidents, Mr. Trump never gave up control of his sprawling business with its interests in multiple countries, nor did he forswear foreign business even as president.

Persons: Donald J, Biden, “, ”, ” Mr, Trump, Joe, Hunter Biden Organizations: Trump, Manchurian, White Locations: United States, Saudi Arabia, Kuwait, Bahrain

☆ Biden Visits Hawaii Biden Heads to Maui to See Wildfire Devastation
▼ + stars: | 2023-08-21 | by ( Peter Baker | Zolan Kanno-Youngs | ) www.nytimes.com time to read: +6 min

Terri Thomas’s family has been waiting for days. “It’s tragic — this hopeless feeling,” said Ms. Thomas’s niece, Terra Thomas, who lives in North Carolina. Spotty-to-nonexistent phone reception, especially in the immediate aftermath, made it hard for survivors to contact loved ones. Chief John Pelletier of the Maui Police Department urged people searching for loved ones to take a DNA test that could help identify their remains. Once the couple was able to inform loved ones they were safe, the social media attention proved helpful.

Persons: Terri Thomas’s, Thomas, Thomas’s, “, ”, Terra Thomas, Jill Tokuda, “ It’s, Noelle Manriquez, John Pelletier of, Pelletier, ” Terra Thomas, Terri Thomas, Harry, Toni Troupe, Toni, Max Whittaker, ” Emily Cochrane Organizations: Democrat, Maui Police Department, ”, The New York Times, huskies, Credit, Facebook Locations: Lahaina, Hawaii, North Carolina, Maui, Congress, West Maui, State, Napili, Honokowai, Ohio, Midwest, Bali

☆ Subway nears $9.6 bln sale to Arby's owner Roark - WSJ
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

The Subway restaurant logo is seen on a napkin in this illustration photo August 30, 2017. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsAug 21 (Reuters) - Roark Capital, which owns restaurants Arby's and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported on Monday. Another group led by Roark Capital was in the running, the sources had added. It has invested in Inspire Brands, which is the owner of Arby's, Baskin-Robbins, Buffalo Wild Wings and Dunkin' among others. Roark Capital did not immediately respond to a Reuters request for comment.

Persons: Thomas White, Roark Capital, Roark, Dunkin, Fred DeLuca, Peter Buck, Ananya Mariam Rajesh, Deborah Sophia, Shinjini Organizations: REUTERS, Buffalo Wild Wings, Wall Street, Reuters, TDR Capital, Sycamore Partners, Subway, Roark Capital, Inspire Brands, Baskin, Robbins, Thomson Locations: Sycamore, Bridgeport , Connecticut, North America, Bengaluru

☆ Biden Visiting Hawaii to Inspect Wildfire Damage
▼ + stars: | 2023-08-21 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

“My heart, my prayers and my focus are on the victims of the Maui wildfires and their families,” Mr. Biden said in a written statement released by the White House on Sunday. I will do everything in my power to help Maui recover and rebuild from this tragedy.”He added that the federal government would respect sacred lands, cultures and traditions in its recovery efforts. Mr. Biden arrived at Lake Tahoe on Friday evening and has made no public appearances other than participating in Mass at a local church Saturday evening. White House officials said the president is renting the house for “fair market value” but did not disclose details. Staying with him are Dr. Biden and several family members, including Hunter Biden, just a week after a special counsel was appointed to investigate the president’s son.

Persons: ” Mr, Biden, “, “ Jill, ”, Tom Steyer, Hunter Biden Organizations: White, FEMA, Democratic Locations: Maui, Lahaina, ”, Nevada

☆ Pence Undercuts Trump’s Defense in Classified Documents Case
▼ + stars: | 2023-08-20 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

Former Vice President Mike Pence said on Sunday that he knew of no widespread declassification of documents by President Donald J. Trump when they were in the White House together, refuting one of the former president’s main defenses against charges of endangering national security. But his vice president became the latest former Trump administration official to say that he had heard of no such edict. “I was never made aware of any broad-based effort to declassify documents,” Mr. Pence said in an interview on ABC’s “This Week” on Sunday. “There is a process that the White House goes through to declassify materials,” Mr. Pence added. But that doesn’t mean it didn’t occur; it’s just not something that I ever heard about.”

Persons: Mike Pence, Donald J, Trump, “, ” Mr, Pence, Mr, ” Organizations: Trump

When President Biden meets with the leaders of Japan and South Korea at Camp David on Friday, the allies will have another nation in mind: China. Japan, South Korea and the United States share the common interest of competing with an increasingly assertive China and ensuring peace and stability in the Taiwan Strait. Just last week, Mr. Biden banned new American investment in key technological industries that could be used to enhance Beijing’s military capabilities. Washington has also kept a large military presence in both South Korea and Japan in part to counterbalance China’s influence in the region. But China’s economic growth also puts South Korea and Japan in an awkward position.

Persons: Biden, Camp David, Xi, ”, ” Jake Sullivan Organizations: Beijing, Huawei, United States, United, South, U.S Locations: Japan, South Korea, Camp, China, Beijing, United States, Taiwan Strait, U.S, Washington, United, Ukraine, Taiwan, Korea’s belligerence . Washington, Seoul, Pacific

The new three-way security pact sealed by President Biden and the leaders of Japan and South Korea at Camp David on Friday was forged with threats by China and North Korea in mind. But there was one other possible factor driving the diplomatic breakthrough: Donald J. Trump. Both Japan and South Korea struggled for four years as Mr. Trump threatened to scale back longstanding U.S. security and economic commitments while wooing China, North Korea and Russia. In formalizing a three-way alliance that had long eluded the United States, Mr. Biden and his counterparts hoped to lock in a strategic architecture that will endure regardless of who is in the White House next. “This is not about a day, a week or month,” Mr. Biden said at a joint news conference with Prime Minister Fumio Kishida of Japan and President Yoon Suk Yeol of South Korea.

Persons: Biden, Camp David, Donald J, David, ”, Trump, Mr, Fumio Kishida, Yoon Suk Organizations: Trump, South Korea Locations: Japan, South Korea, Camp, China, North Korea, South, U.S, Russia, United States

☆ At Camp David Summit, Japan, South Korea and U.S. Present a United Front
▼ + stars: | 2023-08-18 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +2 min

Biden administration officials said the leaders would sign off on a formal “commitment to consult,” an understanding that the three nations would treat any security threat to one of them as a threat to all of them requiring mutual discussion about how to respond. The three will also bolster cooperation on ballistic missile defense, expand annual three-way military exercises and develop a framework for security assistance in Southeast Asia and the Pacific islands. But the emerging entente has its limits. Japan was not willing to join a compact that the United States and South Korea agreed to create last spring bringing Seoul into Washington’s strategic planning for the use of nuclear weapons in any conflict with North Korea, according to officials and analysts. The Nuclear Consultative Group that Mr. Biden and Mr. Yoon decided to form during an April meeting in Washington was intended to coordinate military responses to North Korea, and Washington vowed “to make every effort to consult” with Seoul before using nuclear weapons to retaliate against the North.

Persons: Biden, Yoon, “ Organizations: Biden, NATO, entente, Nuclear Consultative Group, Mr, ” Locations: Southeast Asia, Japan, United States, South Korea, Seoul, North Korea, Washington

☆ For Biden, Celebrating What a Law Did Rather Than What It Did Not
▼ + stars: | 2023-08-16 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden staged a day of celebration on Wednesday to herald the reduction in inflation and the Inflation Reduction Act even though experts believe one had little to do with the other. The fact that the anniversary came at the same time as a significant decrease in the inflation rate was more happy coincidence than anything else, say economists, who attribute it more to the Federal Reserve’s interest rate increases and other factors. The legislation did plenty of important things in terms of investing in clean energy, raising corporate taxes and curbing prescription drug prices. As even Mr. Biden implicitly conceded last week, the name of the bill was more about political branding than policy goals. The legislation, after all, advanced plenty of cherished Democratic priorities and will be one of Mr. Biden’s major arguments for a second term in next year’s election.

Persons: Biden, Biden’s Organizations: White

☆ Market rally was built on hopes the Fed is almost done tightening: Bleakley's Peter Boockvar
▼ + stars: | 2023-08-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket rally was built on hopes the Fed is almost done tightening: Bleakley's Peter BoockvarPeter Boockvar, Bleakley Advisors, joins 'Fast Money' to talk the day's market action, the Federal Reserve's next moves and more.

Persons: Peter Boockvar Peter Boockvar Organizations: Email, Bleakley Advisors, Federal

The Fairport Harbor West Lighthouse is located in Ohio and overlooks Lake Erie. The Fairport Harbor West Lighthouse in Ohio became available at auction and Consaul started bidding in 2009. Since buying the lighthouse, Consaul estimates she has spent over $300,000 renovating it. Other than the extensive work the lighthouse needed, Consaul says her biggest challenge so far is that the lighthouse is completely off the grid. The Fairport Harbor West Lighthouse is located a half mile from the nearest parking lot in Headlands Beach State Park.

Persons: Sheila Consaul's, Peter Bittner, Consaul Organizations: Historic Lighthouse, CNBC, Washington D.C, U.S . Army Corps of Engineers, U.S . Coast Guard, National Weather Service, Ohio, Historic Preservation Locations: Fairport, Ohio, Lake Erie, Lighthouse, Washington, Headlands Beach, Fairport Harbor

☆ Opinion | Racketeering Case Against Trump in Georgia
▼ + stars: | 2023-08-15 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Trump Indictment, Part IV: A Spectacle That Has Become Surreally Routine,” by Peter Baker (news analysis, nytimes.com, Aug. 15):The grand jury’s RICO indictment is historic because it rightly accuses the former president and his co-conspirators of a gang-like assault on democracy. It is significant too because it recognizes the courageous refusal of state officeholders, mostly Republican, to violate the law. This is not the first or only time that Americans owe a huge debt of gratitude to our Black women compatriots. To the Editor:Like many who are concerned about the rule of law and equal treatment under the law, I was delighted to see former President Donald Trump and 18 others indicted by a Georgia grand jury. This is a sweeping indictment, accusing Mr. Trump of being the head of a “criminal enterprise” to overturn the election.

Persons: “ Trump, Peter Baker, Donald Trump, Rudolph Giuliani, Jan H, Trump Organizations: Woodrow Wilson Center, Mr Locations: Georgia, Alexandria, Va

☆ Trump Indictment, Part IV: A Spectacle That Has Become Surreally Routine
▼ + stars: | 2023-08-14 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

For the fourth time in as many months, former President Donald J. Trump was charged on Monday with serious crimes and what was once unprecedented has now become surreally routine. But a country of short attention spans has now seen this three times before and grown oddly accustomed to the spectacle. The Georgia indictment went further than previous ones by charging 18 others with collaborating in a criminal enterprise with the former president, including associates like Rudolph W. Giuliani, Mark Meadows, Jeffrey Clark and John Eastman. Yet most Americans made up their minds about Mr. Trump long before prosecutors like Fani T. Willis or Jack Smith weighed in, polls have shown. The Georgia indictment, powerful as it is in its language, has been priced into the market, as the Wall Street types would put it.

Persons: Donald J, Trump, Rudolph W, Giuliani, Mark Meadows, Jeffrey Clark, John Eastman, Willis, Jack Smith Locations: United States, Georgia

☆ Opinion: The shattering aftermath in Maui
▼ + stars: | 2023-08-13 | by ( Richard Galant | ) edition.cnn.com time to read: +16 min

CNN —The Polynesian demigod Maui was so powerful he could raise islands up from the ocean floor and capture the sun to slow it down. We know Lahaina will be rebuilt, and the government response — city, state and federal — will be a huge part of that. “You can beat the drum of ‘women’s rights’ and defend tooth-and-nail women’s sports, so long as you only do so to denigrate trans women.”For more on the World Cup:Shaista Aziz: This Women’s World Cup has been unlike any other. That’s a great thingAmy Bass: The US loss at the Women’s World Cup sends a clear messageBill Bramhall/Tribune Content AgencyLet’s make a deal? In a country where federal prosecutors overwhelmingly win their cases, Trump’s odds of going to trial and winning both federal cases are slim — and he may face similarly daunting odds in the other cases.

Persons: Bill Weir, Jeff Melichar, ” Clay Jones, Melichar, “, Shaw, Naka Nathaniel, Kaua’i “, ”, ALICE, Lawrence Downes, ” Drew Sheneman, Peter Bergen, Laura Tillman, ” “, David Petraeus, ” Bergen, Tillman, Donald Trump’s, Joe Biden’s, ” Mary Ziegler, ” Ziegler, Roe, Patrick T, Brown, Wade, Kevin McCarthy, Biden, “ Biden, Julian Zelizer, ” Dana Summers, Donald Trump, Podcaster Megyn Kelly, “ I’m, Nicole Hemmer, Megan “ Rapinoe, Kelly, Shaista Aziz, Amy Bass, Bill Bramhall, Will Handelsman, it’s, Trump, William D, Cohan, Puck, David Rubenstein, Scott Galloway, Jill Filipovic, “ Trump, Galloway, pardoning, ” Filipovic, …, Jesus, Kelli Rhee, Rhee, ” Don’t, Drew Sheneman, Agency Brian Elmore, Sen, Elizabeth Warren, Adam Kinzinger, Ukraine Aanchal Saraf, Rebecca H, Oppenheimer’s, Joseph, I’ll, Neil J, Holly Thomas, Sara Stewart, “ Oppenheimer, Christopher, “ Barbie, “ Barbie ”, ” Stewart Organizations: CNN, Coast Guard, Honolulu Civil, ‘, Aloha, New York Times, …, Agency, UN, Republican, GOP, ”, Republicans, Democratic, Federal, FIFA, US, National Soccer Team, New York University, Trump, Arnold Ventures, Ukraine Aanchal, Warner Bros . Locations: Maui, Lahaina, Hawaii, Naka, Hilo, Kaua’i, Afghanistan, Afghanistan’s, Kabul, Ohio, California , Vermont, Michigan, Georgia, Trump, Ukraine

“The appointment of Mr. Weiss reinforces for the American people the department’s commitment to both independence and accountability in particularly sensitive matters,” Mr. Garland said. Mr. Clark and the Justice Department prosecutors overseeing the case had distinctly different understandings of the immunity Hunter Biden would receive from the deal. House Republicans quickly signaled the special counsel appointment would not alleviate their criticism of the investigation into Hunter Biden. agents was that Mr. Weiss had sought to bring charges against Hunter Biden in Washington and California but was rebuffed after prosecutors in those jurisdictions declined to partner with him. House Republicans have also issued subpoenas to six banks, detailing millions that were paid to Hunter Biden and his business partners from overseas companies.

Persons: General Merrick B, Garland, Biden’s, Hunter, Justice Department’s, David C, Weiss, Hunter Biden, Biden, —, Garland scoffed, Weiss —, “, Mr, Jack Smith, Donald J, Trump, Robert K, Hur, Trump’s, Hunter Biden’s, Christopher Clark, ” Mr, Clark, ”, Russell Dye, Jim Jordan, “ Weiss, Kevin McCarthy, Biden’s D.O.J, couldn’t, Devon Archer, Archer, Chris Cameron Organizations: Justice, Internal Revenue Service, Mr, Republican, Republicans, Justice Department, House Republicans, Biden, Congress, Department, Trump Locations: Washington, U.S, Delaware, Delaware , Washington, Wilmington, Del, Ohio, Washington and California

☆ For President Biden, a Political Liability That May Not Go Away Soon
▼ + stars: | 2023-08-11 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

All that Hunter Biden had to do was show up in a courtroom, answer a few questions, sign some paperwork and that would be it. What had been a painful but relatively contained political scandal that animated mainly partisans on the right could now extend for months just as the president is gearing up for his re-election campaign. This time, the questions about Hunter Biden’s conduct may be harder for the White House to dismiss as politically motivated. They may even break out of the conservative echo chamber to the general public, which has largely not paid much attention until now. It remained unclear whether Hunter Biden faces criminal exposure beyond the tax and gun charges lodged against him by David C. Weiss, the prosecutor first appointed in 2018 to investigate him by President Donald J. Trump’s attorney general.

Persons: Hunter Biden, Hunter Biden’s, David C, Weiss, Donald J, General Merrick B, Hunter Organizations: White

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