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☆ Long-term rates rising due to expectation for increased deficit and inflation, says Roger Ferguson
▼ + stars: | 2024-11-07 | 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 EmailLong-term rates rising due to expectation for increased deficit and inflation, says Roger FergusonRoger Ferguson, former Fed vice chairman, joins CNBC's 'Power Lunch' to discuss why long-term rates are rising, expectations for the Federal Reserve under a new White House administration, and more.

Persons: Roger Ferguson Roger Ferguson Organizations: Federal Reserve, White

☆ Menendez brothers: Los Angeles County district attorney election result adds pall of uncertainty over possible release of Lyle and Erik Menendez
▼ + stars: | 2024-11-07 | by ( Ramon Sanchez | Matthew J. Friedman | Ray Sanchez | ) edition.cnn.com time to read: +7 min

“Before I can make any decision about the Menendez brothers’ case, I will need to become thoroughly familiar with the relevant facts, the evidence and the law,” Hochman said in a statement. “I think that you’re not going to see Hochman having a press conference about the Menendez case. Gavin Newson supporting the brothers in a bid for clemency, which could free the brothers immediately – possibly before Hochman’s term as district attorney begins. Gruber said Hochman could ask for the December 11 hearing to be moved to a later date and divert attention to his new term away from the Menendez case. Netflix also released a documentary on the Menendez case, featuring both men discussing what led to the killings.

Persons: George Gascón, Erik, Lyle Menendez resentenced, Nathan Hochman, Gascón, Hochman, Menendez, ’, ” Hochman, “, Aya Gruber, ‘, ”, “ It’s, ” Laurie Levenson, ” Levenson, you’re, Gavin Newson, Gruber, resentence Erik, Lyle Menendez, Kitty Menendez, ” Gascón, Jose, Lyle, Erik Menendez, Ryan Murphy, Ian Brennan, Joey Jackson Organizations: CNN, Los Angeles, USC Gould School of, DA, Loyola Marymount University, California Gov, Netflix Locations: Los, Los Angeles County, America’s, Los Angeles, California, Beverly

Attorney General Merrick Garland speaks at the Justice Department on Sept. 27. Chip Somodevilla / Getty ImagesHow Trump’s legal jeopardy has unfolded over the past year, in terms of both the criminal charges and his sweeping election victory, is unprecedented. The immediate goal of Trump’s legal team is to get that postponed indefinitely or otherwise dismissed. The Georgia election interference case against Trump remains tied up on appeals over ethical issues surrounding the district attorney. “The American people have re-elected President Trump with an overwhelming mandate to Make America Great Again," Trump Campaign Spokesman Steven Chung said in a statement.

Persons: Donald Trump, can’t, Jack Smith, Trump, —, “, ”, Chuck Rosenberg, General Merrick Garland, Chip Somodevilla, Smith, Trump’s, Steven Chung, ‘, ’, Richard Nixon, Joyce Vance, he’s, Lester Holt Organizations: NBC, Trump, DOJ, Justice, Justice Department, Washington , D.C, Justice Department’s, FBI Locations: Washington, York, Georgia, Washington ,, United States, U.S

Los Angeles County District Attorney George Gascón, who ascended to office vowing sweeping reforms to the criminal justice system and then faced intense criticism over public safety issues, lost his bid for re-election, The Associated Press projected. In office, Gascón quickly got to work implementing his reformist agenda. San Francisco District Attorney Chesa Boudin was recalled from office in 2022 after his critics assailed him as a soft-on-crime progressive. He then was the assistant attorney general for the U.S. Justice Department’s tax division under former President George W. Bush. Gascón, 70, previously was San Francisco attorney general — a job once held by Vice President Kamala Harris before she won the state attorney general’s office.

Persons: George Gascón, Gascón, Nathan Hochman, Erik, Lyle Menendez, George Floyd, Jeff Gritchen, Chesa Boudin, Hochman, “, ” Hochman, people’s, —, ” Gascón, George W, Bush, Kamala Harris Organizations: Angeles, Associated Press, Netflix, MediaNews, Getty, California . San, Hochman, Republican, Central, Central District of, U.S . Justice Locations: Angeles County, Minneapolis, Boston, Chicago, Philadelphia, Buena Park, Calif, California, California . San Francisco, Angeles, County, Gascón, U.S, Central District, Central District of California, Francisco, Los Angeles, Mesa , Arizona, San Francisco

☆ Trump's victory spells doom for his criminal cases — but he's not off the hook for $570 million in civil fines
▼ + stars: | 2024-11-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

With his comeback victory over Vice President Kamala Harris in the books, Trump can rest easy. But he has not yet escaped from liability in a handful of high-profile civil cases, where he has been ordered to pay combined penalties of over $570 million. "In theory, there should be no effect" from Trump's election on those civil matters, former federal prosecutor Neama Rahmani told CNBC. "It's well established that while a sitting president can't be prosecuted, he can face civil cases," Rahmani said. A state-level criminal case in Georgia, alleging Trump illegally meddled in that state's 2020 election, is also on ice.

Persons: Donald Trump, Donald Trump's, Kamala Harris, Trump, Neama Rahmani, Rahmani, Jack Smith, Smith's, Smith, Aileen Cannon, Fani Willis, Willis, Stormy Daniels Organizations: Convention Center, CNBC, of Justice, D.C, Trump, DOJ, Fulton Locations: Palm Beach, West Palm Beach , Florida, U.S, Smith's Washington, Florida, Georgia, Fulton County, York

☆ The Federal Reserve as we know it could soon be turned on its head
▼ + stars: | 2024-11-06 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

When officials meet to decide where interest rates should be, they don’t consult the president and other elected officials — and for good reason. That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when the party is just getting started. I feel that strongly,” Trump said at a press conference in August, referring to the Fed’s interest rate decisions. Lowering interest rates too soon could’ve risked reigniting inflation, which is currently just a tenth of a percentage point higher than the Fed’s 2% target. That’s why countries with independent central banks generally have lower inflation, Fed Chair Jerome Powell told reporters in September after central bankers lowered rates by a half point.

Persons: —, Said, Donald Trump, “, ” Trump, ”, Trump, could’ve, Jerome Powell Organizations: New, New York CNN, Federal Reserve, Federal, Bloomberg, Fed Locations: New York

Trump has vowed to fire the special prosecutor who brought two federal cases against him. His win may largely free Trump from dealing with his criminal cases for the foreseeable future, experts told Business Insider. Here's what will happen with Trump's four criminal cases — two federal and two state — moving forward. Related Video All the ways Donald Trump wins from the Supreme Court immunity rulingDonald Trump confers with his defense lawyer Todd Blanche in his hush-money trial before New York Supreme Court Justice Juan Merchan. AdvertisementIn July, the US Supreme Court issued a landmark opinion that provides presidents with broad protection from being prosecuted for official acts while in office.

Persons: Donald Trump, Trump, —, Donald Trump's, Neama Rahmani, Todd Blanche, Juan Merchan, Jane Rosenberg, Stormy Daniels, he's, Michael Dorf, Rahmani, Jack Smith, Jonathan Ernst, Smith, Dorf, Michel Paradis, Paradis, Steven Cheung, Kamala Harris, Crooked Joe, Witch Hunts, Dana Verkouteren, Citizen Trump, Aileen Cannon, Fani Willis, John Bazemore, Willis, Nathan Wade, Wade, it's Organizations: Service, Trump, New, Cornell Law School, West, Trial, Reuters, Department, Columbia Law School, Justice Department, Witch, DOJ, Citizen, Supreme, White, Appeals, AP Locations: Georgia, New York, Manhattan, New, York, Washington , DC, Fulton County, Atlanta

☆ 'Adjourn, adjourn, adjourn' — Trump is expected to use new status as president-elect to delay hush-money sentencing
▼ + stars: | 2024-11-06 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

AdvertisementDonald Trump will use his new status as president-elect in a renewed effort to challenge his upcoming sentencing on his Manhattan hush-money conviction, legal experts predicted Wednesday. A US District Court judge rejected that effort in September, and it remains under appeal by the Second Circuit Court of Appeals. "Any of those tracks can get you to the US Supreme Court pretty fast, if that's his goal," Paradis said. REUTERS/Jane RosenbergA 'unique place in this nation's history'Merchan addressed the unique circumstances of prosecuting, trying, and sentencing Trump in September, when he agreed to delay the sentencing for a second time. "A state judge is now potentially setting himself up to sentence the most powerful federal officer in the world."

Persons: Trump, —, Donald Trump, Stormy Daniels, He's, Charles Solomon, that's, Solomon, Timothy A, Clary, he's, Juan Merchan, Attorney Alvin Bragg, Merchan, — Trump, Michel Paradis, Paradis, Jane Rosenberg, Mark Bederow, Bederow, Todd Blanche, Emil Bove ., it's, Neama Rahmani, Bragg Organizations: BI, Trump, Service, GOP, Reuters, New, Attorney, Second, Appeals, Columbia Law School, Court, Trump v ., New York City, Joint Chiefs, Staff, United States Supreme, West, Trial Locations: NY, New York, Manhattan, United States, Trump v, Trump v . United States, Central Park

Rudy Giuliani has yet to surrender any of the valuables he was ordered to turn over to the two election workers he defamed, their lawyers say — including the Mercedes he was spotted riding around in Tuesday in Palm Beach, Florida. That includes some of Giuliani's prized Yankees memorabilia, including a signed Joe DiMaggio jersey and an autographed Reggie Jackson picture. Citing Nathan's allegations, Liman on Tuesday ordered Giuliani to appear before him in New York on Thursday, and rejected a request from Giuliani's lawyer that the hearing be held remotely or in-person next week. He also said that Freeman and Moss were trying to leave the former New York City mayor "penniless and homeless," and that Giuliani wasn't being evasive. "Mayor Giuliani has made available his property and possessions as ordered.

Persons: Rudy Giuliani, Mercedes, Donald Trump, Lauren Bacall —, Giuliani, Ruby Freeman, Wandrea, ” Moss, District Judge Lewis Liman, Aaron Nathan, Freeman, Moss, Giuliani's, Joe DiMaggio, Reggie Jackson, Nathan, Liman, Ted Goodman, haven't, Mayor Giuliani, Goodman, Trump's Organizations: Trump, Benz, U.S, District, Madison, Yankees, New, New York City, D.C Locations: Palm Beach , Florida, Giuliani's New York, Florida, New York, Washington, Arizona, Georgia

☆ It would be surprising if Fed doesn't cut by 25 bps at next meeting: Former Fed vice chair
▼ + stars: | 2024-11-05 | 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 EmailIt would be surprising if Fed doesn't cut by 25 bps at next meeting: Former Fed vice chairRoger Ferguson, former Fed vice chair, and Richard Fisher, Dallas' former Fed president discuss the Federal Reserve's upcoming rate decision.

Persons: Roger Ferguson, Richard Fisher, Dallas Organizations: Fed

☆ Trump still has 4 criminal indictments waiting for him — here's what happens if he wins or loses
▼ + stars: | 2024-11-05 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +9 min

AdvertisementNot only is the presidency on the line for Donald Trump in the 2024 election, but so are his four criminal indictments. Here's what will happen with Trump's four criminal cases — two federal and two state — if he wins or loses this year's presidency. AdvertisementDonald Trump confers with hush-money defense lawyer Todd Blanche before New York Supreme Court Justice Juan Merchan. If reelected president, Trump could ask his attorney general to fire Smith. In July, the US Supreme Court issued a landmark opinion that provides presidents with broad protection from being prosecuted for their official acts.

Persons: Donald Trump, Trump, —, Kamala Harris, Neama Rahmani, Todd Blanche, Juan Merchan, Jane Rosenberg, Stormy Daniels, he's, Michael Dorf, it's, Rahmani, Jack Smith, Jonathan Ernst, Smith, Dorf, Michel Paradis, Paradis, Steven Cheung, Crooked Joe, Witch Hunts, Dana Verkouteren, Citizen Trump, Aileen Cannon, Smith's, Fani Willis, John Bazemore, Willis, Nathan Wade, Wade Organizations: Trump, Service, Democratic, Business, New, Cornell Law, West, Trial, Reuters, Department, Columbia Law School, Justice Department, Witch, DOJ, Citizen, Supreme, White, Appeals, AP Locations: New, New York, Manhattan, York, Washington , DC, Fulton County, Georgia, Atlanta

☆ Former Fed president Fisher: Very worried about the deficit and interest burden under each candidate
▼ + stars: | 2024-11-05 | 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 EmailFormer Fed president Fisher: Very worried about the deficit and interest burden under each candidateRichard Fisher, former Dallas Federal Reserve president breaks down the mindset of inflation and the deficit.

Persons: Fisher, Richard Fisher Organizations: Former, Dallas Federal Reserve

☆ The Fed should look through the weaker-than-expected October jobs report, says Roger Ferguson
▼ + stars: | 2024-11-04 | 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 EmailThe Fed should look through the weaker-than-expected October jobs report, says Roger FergusonFormer Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, whether the central bank should look past the weaker-than-expected October jobs report, and more.

Persons: Roger Ferguson Organizations: Roger Ferguson Former Federal

Charlotte Kates, a New Jersey native and Rutgers Law School graduate who co-founded the pro-Hamas organization Samidoun, has become the focus of an ongoing legal debate: When does free speech cross the line into breaking federal anti-terrorism laws? Germany banned the organization last November, and Israel designated it a terrorist organization in 2021. Kates’ open support of terrorist organizations puts her in the middle of a growing legal dispute: When does free speech cross the line into breaking federal anti-terrorism laws? “As far as I’m concerned, this is legitimate political advocacy, unpleasant as it may be.”What is ‘knowingly’ coordinating with a terrorist organization? “You don’t have a right to pick and choose which law to follow.”Not all federal law enforcement experts agree with Burns’ approach.

Persons: Charlotte Kates, Kates, “, ” Kates, Samidoun, Tom Petrowski, ” Petrowski, Dr Basem Naim, Odysee Petrowski, David Goldberger, Goldberger, ”, —, Basem Naim, Naim, Israel “, Andrew Lichtenstein, they’re, John Roberts, Stephen Breyer, Sonia Sotomayor, Ruth Bader Ginsburg, “ We’re, “ It’s, Frank Figliuzzi, ” Figliuzzi, Daniel Richman, webinars, ” Richman, “ Definitionally, Khaled Barakat, Barakat, ” Samidoun, Lara Burns, Burns, George, ” Burns, Barbara McQuade, ” McQuade, McQuade, webinar Organizations: Rutgers Law School, NBC News, Treasury, Canadian, Republican, Justice Department, FBI, Civil, Terrorism Task Force, Hamas, Samidoun, Odysee, Palestine Islamic, American Civil Liberties Union, YouTube, ”, Columbia University, Supreme, Kurdistan Workers ’ Party, Liberation Tigers, NBC, Columbia, Treasury Department, Front, Liberation, PFLP, Palestine, Palestinian, Columbia University Apartheid, World Trade, Patriot, Brandenburg, Land Foundation, George Washington University’s Program, Extremism, Islamic State, Eastern, Eastern District of Locations: New Jersey, Vancouver , British Columbia, U.S, South Africa, Germany, Israel, Vietnam, Dallas, Palestine, American, Skokie , Illinois, New York, Chicago, New York City, Kurdistan, Tamil Eelam, webinars, Swiss, Instagram, Brandenburg v . Ohio, Texas, Eastern District, Eastern District of Michigan

Those rules were designed to prevent a repeat of the abuses of Richard Nixon, who improperly used the Justice Department to punish his political enemies. A new president appoints roughly 300 senior Justice Department officials, including the U.S. attorneys who run offices across the country. All 300 must be confirmed by the Senate, but multiple former Justice Department officials said they fear Trump would install partisans willing to do his bidding. Justice Department officials have risen to the occasion and defied presidential overreach in the past. You go in and just whack a good portion of the workforce,” the former Justice Department official said.

Persons: Donald Trump, —, Trump, don’t, Richard Nixon, “, ”, Joyce Vance, Barbara McQuade, Sen, JD Vance, Vance, Vance’s, Biden Justice Department’s, Hunter Biden, Robert Menendez, Eric Adams, Jack Smith, Aileen Cannon, Cannon, Jeffrey Clark, Clark, Mike Davis, influencer Benny Johnson’s, Davis, Joe Biden, Jan, gulag ”, ” Trump, ” Vance, “ Trump, Stephen Gillers, Gillers, Rudy Giuliani, Sidney Powell, ” Gillers, Ilya Somin, Somin, Nixon, Archibald Cox, wouldn’t Organizations: NBC, Google, National Public Radio, NBC News, Justice Department, FBI, Trump, Department, U.S, Senate, Drug, Administration, Alcohol, Tobacco, Firearms, Explosives, DOJ, Biden Justice, Robert Menendez of New, New York, U.S . Capitol, ABC News, Republican, Politico, D.C, gulag, Service, NYU School of Law, George Mason University, senior Locations: U.S, Alabama, Ohio, Georgia, Robert Menendez of, Robert Menendez of New Jersey, New, —, acquittals

☆ A radical idea to solve inflation from a radical former Fed pick
▼ + stars: | 2024-10-31 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

A zero percent inflation target might be popular, but it would represent a sharp departure – one that mainstream economists warn would backfire. “Stable inflation is an oxymoron because it means it’s not stable,” Shelton told CNN in a recent interview. In fact, one reason the Fed set its inflation target at 2% is because it’s safely away from that deflation-danger zone. A zero inflation target would mean a path right on the edge. But even some of Shelton’s biggest fans are opposed to her embrace of a zero-inflation target.

Persons: Judy Shelton, Donald Trump, It’s, ” Shelton, Shelton, Trump, ”, Mark Zandi, Zandi, Justin Wolfers, Kamala Harris, it’s, Wolfers, Bill English, “, ” Trump, Stephen Moore, Jerome Powell, Moore, Powell, Kevin Hassett, Reagan, Arthur Laffer, ” Moore, CNN’s KFile, CNN he’s, he’d, Elon, ‘, haven’t, James Grant Organizations: New, New York CNN, Federal Reserve, Fed, CNN, Federal Reserve Board, Moody’s, University of Michigan, Yale University, Heritage Foundation, Trump White House, Trump Locations: New York

☆ Why the October jobs report on Friday could sink the market's soft-landing narrative
▼ + stars: | 2024-10-30 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

September's payrolls report exceeded expectations, but economists see weak gains for October. Even with lower expectations, a poor print could reset the market's narrative around a soft landing. AdvertisementThe narrative around ongoing labor-market strength revived with September's payrolls report, which topped economists' expectations by over 100,000 jobs. "The October jobs report will likely show a severe but short-lived hit from hurricanes Helene and Milton," Adams said. Another sign that September's jobs numbers may have been overstated is that other employment indicators haven't started to trend upwards.

Persons: September's, —, Hurricanes Milton, Helene, Tom Essaye, Ben McMillan, McMillan, Goldman Sachs, there's, Goldman, Claudia Sahm, Michael Cuggino, Bill Adams, Milton, Adams, Neil Dutta, David Rosenberg, Rosenberg, Dutta Organizations: Service, Bureau of Labor Statistics, Hurricanes, Boeing, IDX Advisors, of Labor Statistics, Comerica, Funds, Federal Reserve, Macro, BLS, PMI

Donald Trump has more than just the presidency on the line Nov. 5 — the outcome of his various legal troubles hinges on the election, as well. The “witch hunts against President Trump have imploded” and “should all be dismissed in light of the Supreme Court’s historic decision on immunity and other vital jurisprudence,” Cheung said in a statement. Hush money caseWin or lose, Trump’s biggest immediate challenge after the election is his potential sentencing on 34 felony counts of falsifying business records in New York. Federal election interference caseIf Trump loses, special counsel Jack Smith’s election interference case is also on the horizon. Similar to the criminal cases, Trump has argued that his actions were protected by presidential immunity.

Persons: Donald Trump, Kamala Harris, he’s, ”, Chuck Rosenberg, Trump, Steven Cheung, ” Cheung, Juan Merchan, Merchan, Rosenberg, Jack Smith’s, Smith, Hugh Hewitt, “, ” Trump, don’t, Fani Willis, Scott McAfee, Willis, McAfee, Steve Sadow, ” Sadow, Barbara McQuade, Aileen Cannon, Jean Carroll, general’s, Carroll, ” McQuade, ‘, they’d, Clinton, McQuade, Paula Jones, Bill Clinton Organizations: Trump, NBC, Republican, New, NBC News, Department, Justice Department, Fulton, Fulton County, White, Division, U.S . Capitol Locations: New York, United States, Georgia, Fulton County, Fulton, U.S, New

Counterfeiting has ballooned into a massive problem for Crye, costing it millions of dollars a year, said Jonathan Antone, the company's general counsel. By 2016, sellers were speaking out about Amazon's growing counterfeit problem, telling CNBC of the company's effort to openly court Chinese manufacturers. "There's a lot more space on that digital shelf for potential counterfeit products," he added. Agents seized "multiple tractor trailer loads" of counterfeit MultiCam products, estimated to be worth $8 million, according to court documents. Crye showed CNBC examples of counterfeit MultiCam products that were allegedly sold by retailer L&Q Tactical, one of the defendants in the lawsuit, on Amazon.

Persons: Ramin Kohanbash, Bernard Klein, Jonathan Antone, Crye, It's, it's, Counterfeits, Jason Goldberg, Goldberg, counterfeits, Kebharu Smith, Jeff Bezos, Bezos, Smith, We're, Antone, Ernesto Rodriguez, Crye's, Crye Precision's Ernesto Rodriguez Organizations: New York's Brooklyn Navy Yard, California, outfitters, California Surplus, CNBC, Amazon, Brand Registry, Justice Department, FBI, Prada, Homeland Security, Department of Defense, Agents, Crye Locations: New, New Jersey, America, Brooklyn, Brooklyn , New York, Arlington , Virginia, Texas, California

☆ Former Fed Governor Kevin Warsh: The Fed doesn't seem to have a serious theory of inflation
▼ + stars: | 2024-10-24 | 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 EmailFormer Fed Governor Kevin Warsh: The Fed doesn't seem to have a serious theory of inflationKevin Warsh, Hoover Institution distinguished visiting fellow and former Federal Reserve Governor, joins 'Squawk Box' to discuss the Fed's inflation fight, state of the economy, rate path outlook, and more.

Persons: Kevin Warsh Organizations: Former, Hoover Institution, Federal Reserve

☆ Millions lose power every year because of extreme weather. Here’s how experts say we can prevent it
▼ + stars: | 2024-10-18 | by ( Ella Nilsen | ) edition.cnn.com time to read: +5 min

This ability to get electricity from one part of the country to another is ever more important as America’s grid is lashed by increasingly extreme weather. Extreme weather isn’t the only reason the grid needs to expand. “We run a VHS grid for a Hulu economy.”America’s grid is actually three grids: the Eastern and Western interconnections, plus the independent Texas grid. The physical electrical lines connecting all of the systems are fragile and outdated, experts told CNN. Clements cautioned that even a bigger grid can’t solve all the challenges posed by climate change-fueled extreme weather.

Persons: Cary Kottler, ” Kottler, Helene, Milton, ”, Allison Clements, “, you’ve, Clements, ” Clements, Rob Gramlich, Ariel Horowitz, Horowitz, Biden, Jennifer Granholm, there’s, Hurricane Helene Organizations: CNN, Texans, Pattern, Energy, “, Energy Department, DOE Locations: Uri, Texas, California

☆ Politics and monetary policy: Dangers of meddling with the Fed
▼ + stars: | 2024-10-18 | 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 EmailPolitics and monetary policy: Dangers of meddling with the FedDonald Kohn, Brookings Institution economic studies senior fellow and former Fed Vice Chair, joins 'Squawk Box' to discuss the dangers of presidents and other politicians meddling with the Fed.

Persons: Donald Kohn Organizations: Brookings, Fed

☆ Father of Georgia school shooter knew of son’s deteriorating state, say investigators, who found notebook with disturbing drawings
▼ + stars: | 2024-10-16 | by ( Cindy Von Quednow | Phil Gast | ) edition.cnn.com time to read: +6 min

Colt Gray, 14, meanwhile, will be tried as an adult, authorities have said. A fascination with guns, school shootingsWard testified Colt Gray detailed in notebooks his plans for what he intended to do at Apalachee High School. When Colin Gray asked his son who that was, Colt Gray explained and the topic was “dropped” after that. And while Marcee Gray called Apalachee pleading for staff to find her son, Colin Gray did not call. Colin Gray did not appear remorseful after the deputies showed up, Ward testified.

Persons: Colin Gray, Gray, Colt Gray, ”, Kelsey Ward, Colt, Jeffrey Toobin, Colin Gray’s, “, Jud Smith, Ward, it’s, Nikolas Cruz, Marcee Gray, ” Marcee Gray, ” Ward, Colin, didn’t, Ward Colt Organizations: CNN, Apalachee High School, Prosecutors, of, Colt, Parkland, Grays Locations: Georgia, Barrow, Parkland , Florida, America, Barrow County, Athens , Georgia

☆ Civil suits against Sean ‘Diddy’ Combs are mounting. This could be bad for his criminal case, experts say
▼ + stars: | 2024-10-16 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +7 min

Federal prosecutors have accused Combs of orchestrating a “criminal enterprise” through his business empire that engaged in sex trafficking, forced labor, kidnapping and decades of physical abuse against women, among other allegations. In the month since Combs was arrested, eight additional civil lawsuits have been filed against him with allegations of sexual assault. A source familiar with parts of the federal investigation said that new accusers and witnesses have met with federal agents since Combs’ arrest. Video Ad Feedback Federal prosecutors discuss the arrest of Sean "Diddy" Combs. Combs’ attorneys did not respond to specific allegations in the latest lawsuits, but denied the accusations, telling CNN that Combs maintains his innocence.

Persons: Sean “ Diddy ” Combs, “, Combs, Arun Subramanian, ”, didn’t, Jennie Wang VonCannon, ” Wang VonCannon, Crowell, Damian Williams, Emily Johnson, Sean, Diddy, Tony Buzbee, Cassie Ventura, Ventura, Buzbee, San, Andrew Van Arsdale, Mr, Frazer Harrison, Wang VonCannon, CNN’s Kara Scannell Organizations: CNN, US, Southern, of, Department of Homeland Security, Hamptons, Getty Locations: Brooklyn, Houston, San Diego

Nearly two dozen family members will hold a news conference outside the Clara Shortridge Foltz Criminal Justice Center in downtown L.A. at 1 p.m. PT Wednesday. It was not clear whether Gascón, a progressive who is running for re-election, plans to appear outside the courthouse. The Menendez brothers are “cautiously optimistic” about the prosecutors’ review, Geragos told NBC Los Angeles on Tuesday. Erik and Lyle Menendez were found guilty 28 years ago and sentenced to life in prison without parole. The family members slated to speak at Wednesday’s news conference include Anamaria Baralt, niece of José Menendez; Joan Anderson VanderMolen, sister of Kitty Menendez; Karen VanderMolen, niece of Kitty Menendez; and Brian A. Anderson Jr., nephew of Kitty Menendez.

Persons: Erik, Lyle Menendez’s, Clara Shortridge Foltz, Mark Geragos, Rosie O’Donnell, George Gascón, José, Mary Louise “ Kitty ” Menendez, Menendez, Geragos, Lyle Menendez, Lyle, Erik Menendez, Ryan Murphy, Anamaria Baralt, José Menendez, Joan Anderson VanderMolen, Kitty Menendez, Karen VanderMolen, Brian A, Anderson Jr, O’Donnell, Kim Kardashian, “, ”, Gascón, Nathan Hochman, Laurie Levenson, ” Levenson Organizations: Clara Shortridge Foltz Criminal, Center, PT, NBC Los, Beverly, Netflix, NBC, Loyola Law School Locations: Los, L.A, Angeles County, NBC Los Angeles

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