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☆ White House launches broad new regulatory effort, as Harris prepares to unveil economic plan
▼ + stars: | 2024-08-12 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

U.S. President Joe Biden attends a press conference during NATO's 75th anniversary summit, in Washington, U.S., July 11, 2024. "I think we can all relate to this," White House domestic policy advisor Neera Tanden told reporters Friday. Democratic presidential nominee and Vice President Kamala Harris is preparing to unveil her presidential campaign's first economic policy plans this week. "The CFPB will identify when the use of automated chatbots or automated artificial intelligence voice recordings is unlawful, including in situations in which customers believe they are speaking with a human being," according to a White House fact sheet. The initiative also calls on health insurance companies to allow policyholders to submit claims online.

Persons: Joe Biden, Leah Millis, Neera Tanden, Biden, Kamala Harris, Broad, Harris, Craig Hudson, Tanden, policyholders, Xavier Becerra, Julie Su Organizations: NATO's, Biden, House, Democratic, U.S, Las Vegas Aces, White, Reuters, Consumer Financial Protection Bureau, Federal Communications Commission, Federal Trade, FTC, of Health, Human Services, of Labor Locations: Washington , U.S

"After their convention, yeah," Trump replied, referring again to the Democratic convention, which begins Aug. 19. CNBC reached out to the Trump campaign to confirm that the Republican nominee does not plan to resume large, in-person presidential campaign rallies until after the Democratic convention. "President Trump has a robust, travel schedule — consisting of rallies, messaging events, and fundraisers in the next week. In 2020, in-person campaign rallies on both sides were largely suspended because of the Covid pandemic. Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, U.S., July 31, 2024.

Persons: Donald Trump, Joe Raedle, Trump, Kamala Harris, Tim Walz —, Ohio Sen, JD Vance —, Harris, Walz, Thursday's, Tim Sheehy, Sheehy, Democratic Sen, Jon Tester, Steven Cheung, James Singer, Governor Walz, —, Trump's, Barack Obama, Obama, Hillary Clinton, Elizabeth Frantz, Pennsylvania —, Adin Ross, Tesla, Elon Musk Organizations: Getty, Democratic National Convention, Republican, White, Democratic, Minnesota Gov, Trump, Republicans, CNBC, Erie Insurance, Hamptons, Reuters, Trump —, Fox News, Fox Locations: Lago, Palm Beach , Florida, Philadelphia, Wisconsin, Michigan, Arizona, Nevada, Montana, Aspen , Colorado, Florida, Erie, Pa, North Carolina , Florida, Pennsylvania, Connecticut, North Carolina, Atlanta, New, Harrisburg , Pennsylvania, U.S, livestream

Jenna Ellis, right, and Sydney Powell, attorneys for President Donald Trump, conduct a news conference at the Republican National Committee on lawsuits regarding the outcome of the 2020 presidential election on Thursday, November 19, 2020. Former Trump campaign attorney Jenna Ellis has agreed to cooperate with prosecutors in Arizona in their criminal cases against so-called fake electors and others who tried to reverse the 2020 election loss of former President Donald Trump, state Attorney General Kris Mayes said Monday. "I am grateful to Ms. Ellis for her cooperation with our investigation and prosecution." "Her insights are invaluable and will greatly aid the State in proving its case in court," the attorney general said. The remaining defendants are Kelli Ward, Tyler Bowyer, Nancy Cottle, Jacob Hoffman, Anthony Kern, James Lamon, Robert Montgomery, Samuel Moorhead, Lorraine Pellegrino, Gregory Safsten, and Michael Ward.

Persons: Jenna Ellis, Sydney Powell, Donald Trump, Kris Mayes, Ellis, Mayes, Rudy Giuliani, Joe Biden, Mark Meadows, John Eastman, Boris Epshteyn, Christina Bobb, Mike Roman, Trump, Kelli Ward, Tyler Bowyer, Nancy Cottle, Jacob Hoffman, Anthony Kern, James Lamon, Robert Montgomery, Samuel Moorhead, Lorraine Pellegrino, Gregory Safsten, Michael Ward Organizations: Republican National Committee, Trump, Prosecutors, New, New York City, Trump White House Locations: Arizona, American, New York

☆ 'I love my black job': Simone Biles takes apparent swipe at Trump after winning Olympics gold
▼ + stars: | 2024-08-02 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

Biles' post on the social media platform X seemed to reference Trump's recent controversial comments that immigrants are "taking Black jobs." The Republican presidential nominee had said, "They're taking Black jobs now and it could be 18, it could be 19 and even 20 million people," during his June 27 debate against President Joe Biden. "They're taking Black jobs, and they're taking Hispanic jobs, and you haven't seen it yet, but you're going to see something that's going to be the worst in our history," Trump said. Data does not support Trump's claim that immigrants are "taking" jobs from American workers. With nine Olympic medals, six of them gold, Biles is the most decorated U.S. gymnast in history.

Persons: Simone Biles, Jamie Squire, Donald Trump, Biles, Joe Biden, Trump, Kamil Krzaczynski, Kamala Harris, Black, Lionel Bonaventure, Harris Organizations: Team USA, Bercy Arena, Getty, Paris, Republican, CNBC, U.S, National Association of Black Journalists, Afp, Democratic, Bercy, Howard University, Washington , D.C, nonconsecutive Games, Olympic Locations: Paris, Chicago, Jamaica, India, Washington ,, U.S, American, Tokyo

Republican presidential nominee Donald Trump said Monday that while he "probably" will debate Vice President Kamala Harris, he "could also make a case" for avoiding a face-to-face confrontation with his likely Democratic opponent. Before that debate, Trump had repeatedly challenged Biden to face him "anytime, anywhere, anyplace." But when asked about debating Harris, he struck a different tone. "We'll see if Trump shows," Harris campaign spokesman Michael Tyler said in a statement. While Trump told reporters last week he would be willing to debate Harris "multiple times," he also said that he was "not thrilled about ABC."

Persons: Kamala Harris, Donald Trump, Trump, Harris, Joe Biden, —, Biden, I've, Fox, Laura Ingraham, Ingraham, Michael Tyler, Tyler, Let's, They're, Kamala, Steven Cheung Organizations: Democratic, West Allis Central High School, Republican, Fox News, Trump, GOP, ABC, Team Trump, Democrat Party Locations: Milwaukee , Wisconsin

☆ Harris says 'it is time for this war to end,' affirms 'unwavering' support for Israel
▼ + stars: | 2024-07-25 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +4 min

Vice President Kamala Harris said "Israel has a right to defend itself ... and how it does matters." Harris' remarks followed a meeting she held with Israeli Prime Minister Benjamin Netanyahu in Washington Thursday. "It is time for this war to end and end in a way where Israel is secure, all the hostages are released, the suffering of Palestinians in Gaza ends and the Palestinian people can exercise their right to freedom, dignity and self determination," said Harris. "Let us all condemn terrorism and violence," Harris said after meeting with Netanyahu Thursday. Approximately 1,800 people were killed in Hamas' brutal surprise attack on Israel Oct. 7, 2023, triggering the Israeli military incursion.

Persons: Kamala Harris, Harris, Benjamin Netanyahu, Netanyahu, Let's, Biden, Jonathan Dekel, Chen, Sagui Organizations: Israeli, Democratic, U.S, Capitol, Israel, Hamas, Ministry of Health Locations: Israel, Washington, Gaza

☆ Melania Trump's memoir set for Sept. 24 release, weeks before election
▼ + stars: | 2024-07-25 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

Melania Trump speaks from the podium on the first night of the Republican National Convention in Cleveland, Ohio, on July 18, 2016. Former first lady Melania Trump's upcoming memoir will hit bookstores on Sept. 24, her publisher tells CNBC, just weeks before the presidential election on Nov. 5. Her husband, former President Donald Trump, will face the de facto Democratic nominee, Vice President Kamala Harris. "The former First Lady invites readers into her world, offering an intimate portrait of a woman who has lived an extraordinary life," the release goes on to say. Born and raised in Slovenia, Melania Trump moved to the U.S. in 1996 to work as a model, and met Donald Trump in 1998.

Persons: Melania Trump, Melania, Donald Trump, Kamala Harris, Barron Trump Organizations: Republican National Convention, CNBC, Democratic Locations: Cleveland , Ohio, Slovenia

☆ Republicans call on Biden to resign after president announces he won't seek reelection
▼ + stars: | 2024-07-21 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

U.S. President Joe Biden looks on at the 115th NAACP National Convention in Las Vegas, Nevada, U.S., July 16, 2024. Republican lawmakers are calling on President Joe Biden to resign after he announced Sunday that he will no longer seek reelection. "If Joe Biden is not fit to run for President, he is not fit to serve as President," Speaker of the House Mike Johnson said in a post on X after Biden announced his decision. Republicans' calls for Biden to resign began even before the president announced he would no longer seek reelection. "If Joe Biden ends his reelection campaign, how can he justify remaining President?," Sen. JD Vance, Trump's running mate, said on X Sunday morning.

Persons: Joe Biden, Mike Johnson, Biden, Elise Stefanik, Donald Trump's, Kamala Harris, Harris, Kevin O'Connor, O'Connor, Sen, JD Vance, Trump's, Trump, Mitch McConnell, Steve Scalise Organizations: 115th NAACP National, House Republican, National Republican Senatorial Committee, White House, Democratic Locations: Las Vegas , Nevada, U.S, America, Delaware

☆ VP Kamala Harris and Democratic donors discuss 'urgent, emerging needs' in the race, with Biden campaign in crisis
▼ + stars: | 2024-07-19 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

Vice President Kamala Harris joined a call with major Democratic donors Friday afternoon to discuss what the hosts called "urgent, emerging needs." The call came as more Democratic lawmakers publicly call on President Joe Biden to drop his bid for reelection. A Biden campaign official told NBC News that the president's advisers asked Harris to do the call, which Democratic megadonor Reid Hoffman, the billionaire LinkedIn co-founder, planned to join. The organizers repeated claims first made in a Biden campaign memo earlier on Friday, saying that voters still wanted Biden, even if donors and Democrats in office do not. "We know which candidate in this election puts the American people first: our President, Joe Biden," Harris said.

Persons: Kamala Harris, Joe Biden, Biden, Harris, Democratic megadonor Reid Hoffman Organizations: Democratic, NBC News, LinkedIn, NBC, Biden Locations: North Carolina

☆ Biden won't drop out, campaign insists in a new memo
▼ + stars: | 2024-07-19 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden looks on at the 115th NAACP National Convention in Las Vegas, Nevada, U.S., July 16, 2024. "Joe Biden has made it more than clear: he's in this race and he's in it to win it. Moreover, he's the presumptive nominee, there is no plan for an alternative nominee," the memo said. "In a few short weeks, Joe Biden will be the official nominee. Biden campaign chair Jen O'Malley Dillon said on MSNBC's "Morning Joe" Friday that the president will be back on the campaign trail next week.

Persons: Joe Biden, Joe Biden's, Biden, Biden's, he's, Sen, Jon Tester, Sean Casten, Chuck Schumer, Nancy Pelosi, Donald Trump, Kanninen, Jen O'Malley Dillon, Joe Organizations: 115th NAACP National, Democratic, NBC News, Montana, Illinois, 21st House Democrat, Biden, Trump Locations: Las Vegas , Nevada, U.S, Montana, Rehoboth , Delaware

☆ Harris hits the campaign trail under spotlight as Biden faces mounting pressure to drop out
▼ + stars: | 2024-07-18 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

And more than 1,000 factories closed under his watch," Harris said in Fayetteville. "Meanwhile, President Joe Biden and I have created nearly 800,000 new manufacturing jobs — so much so it's been described as a manufacturing boom." The vice president's remarks come amid intense pressure from top Democrats for Biden to drop out of the presidential race. According to media reports, Senate Majority Leader Chuck Schumer and former House Speaker Nancy Pelosi have both told Biden that his bid for reelection could endanger the party's electoral chances in both chambers of Congress. And while Democratic megadonors pressure Biden to step aside, donor events that feature Harris have started to sell out.

Persons: Kamala Harris, Joe Biden, Biden, Donald Trump, Harris, it's, Chuck Schumer, Nancy Pelosi, Barack's Obama's Organizations: Democratic, America, NBC News Locations: North Carolina, Fayetteville

The third day of the Republican National Convention is focusing on foreign policy and military issues, and is featuring the first speech by Sen. JD Vance of Ohio as the running mate of former President Donald Trump. Trump, who survived an assassination attempt in Pennsylvania over the weekend, has long expected to face President Joe Biden in November's election. Biden has adamantly refused to drop out of the contest since his disastrous debate against Trump in late June. As the convention was getting underway in Milwaukee Wednesday, the White House announced that Biden tested positive for Covid. CNBC's TV and digital reporters are covering the convention live from Milwaukee, Washington, and New York City.

Persons: Sen, JD Vance, Ohio, Donald Trump, Trump, Joe Biden, Adam Schiff, Biden Organizations: Republican National Convention, California Democrat, Senate, Biden, Trump, Milwaukee Wednesday, White House Locations: Pennsylvania, November's, California, Milwaukee, Milwaukee , Washington, New York City

The second day of the Republican National Convention will feature remarks from a bevy of Republican lawmakers and other prominent political figures, including multiple former Trump campaign rivals. Sen. Marco Rubio of Florida, who ran against Trump in the 2016 presidential primary and was recently a finalist to be his running mate, is set to speak. Also on the schedule: Trump's former United Nations ambassador Nikki Haley, who challenged Trump in the 2024 GOP primary and did not immediately endorse him when she ended her presidential campaign. Haley said in an exit speech that Trump would have to "earn the votes" of Republicans who did not back him. Ron DeSantis, who was once seen as Trump's most formidable challenger in the primary, is also on the list.

Persons: Sen, Marco Rubio, Trump, JD Vance, Rubio, Nikki Haley, Haley, Ron DeSantis, Lara Trump, Kari Lake, Elise Stefanik, Vivek Ramaswamy, Kevin Breuninger Organizations: Republican National Convention, Republican, Trump, United, GOP, Florida Gov, Republican National Committee, Senate, House Republican Locations: Marco Rubio of Florida, Ohio, United Nations, Arizona, New York

Trump could be seen on video contracting his body to the right, clutching his ear and dropping to the ground. What appeared to be blood could be seen on the right side of Trump's head. One spectator from the rally is dead, and a second is in serious condition, according to the Butler County district attorney. President Joe Biden delivered remarks on Saturday evening, saying "There's no place in America for this kind of violence." CNBC's politics reporters, video team and breaking news reporters will be covering this story live from New York and Washington, D.C.

Persons: Trump, Joe Biden Organizations: Secret Service, NBC Locations: Butler County, America, New York, Washington

☆ Biden touts cooling inflation, slams Trump tariffs at press conference
▼ + stars: | 2024-07-11 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

President Joe Biden on Thursday trumpeted the latest inflation report in the opening remarks of his highly anticipated solo press conference in Washington. "Just this morning, we had a great economic report showing inflation is down," he said. Biden then criticized former President Donald Trump's proposed economic policy, which includes a 10% baseline tariff on all U.S. imports. "Meanwhile, Trump's calling for a 10% tariff on everything Americans buy, including food from overseas, vegetables and other necessities," he said. The press conference was a high-stakes event for the president, who has been facing calls to drop out of the 2024 race after his performance last month at the first debate with Trump.

Persons: Joe Biden, Biden, Donald Trump's Organizations: U.S . Department of Labor, Trump Locations: Washington

☆ With Chevron reversal, Supreme Court paves way for a 'legal earthquake'
▼ + stars: | 2024-07-10 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +2 min

A general view of the U.S. Supreme Court as justices issue rulings in pending cases on the final day of the court's term in Washington, U.S., July 1, 2024. This batch of cases may be the first indication of the legal upheaval that could play out across the United States judiciary now that one of the most widely cited Supreme Court opinions has been reversed. "The majority's decision today will cause a massive shock to the legal system," Justice Elena Kagan wrote in her dissenting opinion. It also called into question the fate of the more than 19,000 past federal cases which cite the precedent. The Supreme Court protected agencies' past actions, Coglianese explained, but it said little about the agencies' past interpretations of laws, leaving the door cracked open for prior cases to be challenged.

Persons: Raimondo, Elena Kagan, John Roberts, Roberts, Cary Coglianese, Coglianese Organizations: U.S, Supreme, Loper Bright Enterprises, Chevron, United, Natural Resources Defense, University of Pennsylvania, Penn Locations: Washington , U.S, United States, Chevron v

☆ Former Trump aide Steve Bannon begins four-month prison sentence for contempt of Congress
▼ + stars: | 2024-07-01 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

Steve Bannon, former top advisor to Donald Trump, greets supporters as he arrives to speak with media before he reports to prison at the U.S. federal correctional institution in Danbury, Connecticut, on July 1, 2024. Steve Bannon, a former aide to Donald Trump, reported to prison on Monday to begin a four-month sentence for refusing to comply with a congressional subpoena. Bannon entered the federal correctional institution in Danbury, Connecticut, around 12:00 p.m., NBC News reported. Bannon was greeted by Rep. Marjorie Taylor Greene, R-Ga., and a mixed crowd of supporters and protesters when he arrived at a press conference across the street from the federal correctional institution in Danbury. He told reporters he was "proud to go to prison" and had "no regrets," shortly before reporting to begin his sentence.

Persons: Steve Bannon, Donald Trump, Bannon, Marjorie Taylor Greene Organizations: U.S, NBC News, D.C, U.S . Capitol Locations: Danbury , Connecticut, Washington, Danbury

Birds fly outside the U.S. Supreme Court on the day justices issue orders in pending appeals in Washington, U.S., June 24, 2024. Republican lawmakers and the U.S. Chamber of Commerce praised the Supreme Court decision Friday overturning the so-called Chevron Doctrine, which for four decades led judges to defer to how federal agencies interpreted a law when its language was not clear. GOP lawmakers said the 6-3 decision by the Supreme Court undid a precedent that they argued had unjustly strengthened the power of unelected government officials. "After forty years of Chevron deference, the Supreme Court made it clear today that our system of government leaves no room for an unelected bureaucracy to co-opt this authority for itself," McConnell said. "It's a huge blow to the administrative state in Washington, D.C. No one elects bureaucrats to make these decisions," Cotton said of the decision, which overturned the Supreme Court's ruling in 1984 in a case known as Chevron v. Natural Resources Defense Council.

Persons: Mitch McConnell, McConnell, Suzanne Clark, Clark, Jeff Holmstead, Bracewell, Holmstead, Chevron, Sen, Tom Cotton, Raimondo, Cotton Organizations: U.S, Supreme, Republican, U.S . Chamber, Commerce, GOP, Air, Environmental Protection Agency, Fox News, Loper Bright Enterprises, Constitutional, Chevron, Natural Resources Defense Locations: Washington , U.S, Ky, Washington ,

☆ Presidential debate live updates: Biden faces Trump in Atlanta
▼ + stars: | 2024-06-27 | by ( Dan Mangan Kevin Breuninger Christina Wilkie Brian Schwartz Rebecca Picciotto Josephine Rozzelle | Dan Mangan | Kevin Breuninger | ) www.cnbc.com time to read: 1 min

President Joe Biden and former President Donald Trump are squaring off in their first debate of the 2024 White House race in Atlanta on Thursday night. NBC News Now will stream CNN's Presidential Debate live. The 90-minute debate comes as Trump faces two pending criminal prosecutions over the Republican's efforts to overturn his defeat as president in the 2020 election to the Democrat Biden. There will be no studio audience for the debate, and each candidate's microphone will be muted when it is their opponent's turn to speak. CNBC's team of politics and economics reporters will be covering the candidates, the lead-up and the debate live from Washington, D.C.; CNBC Global Headquarters in Englewood Cliffs, New Jersey; and New York City.

Persons: Joe Biden, Donald Trump, Democrat Biden, Jake Tapper, Dana Bash Organizations: White, NBC, Trump, Democrat, CNN, Washington , D.C, CNBC Global Headquarters, New Locations: Atlanta, Washington ,, Englewood Cliffs , New Jersey, New York City

☆ Trump Media closes up nearly 8%, continuing post-sell-off rally
▼ + stars: | 2024-06-26 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +2 min

Shares of Trump Media & Technology Group closed up nearly 8% on Wednesday, adding to the stock's post-sell-off rally. Trump Media, which trades under the ticker "DJT," plummeted nearly 50% in the three weeks following the felony conviction of former President Donald Trump, Trump Media's majority shareholder. Shares of Trump Media closed at $26.75 last Thursday, its lowest level since April, but began rebounding on Friday. Trump Media, the parent company of social media platform Truth Social, started publicly trading on March 26 after merging with a special purpose acquisition company. The former president owns a nearly 65% stake in Trump Media, but he cannot sell any of his 114,750,000 shares until a postmerger lock-up period ends in late September.

Persons: Donald Trump, — Trump Organizations: Trump Media & Technology Group, Trump Media, Trump, U.S . Securities, Exchange Commission, Social Locations: Thursday's

☆ New photos show Trump's 'haphazard' storage of classified documents, special counsel says
▼ + stars: | 2024-06-25 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

Documents and materials seized during a search of former U.S. President Donald Trump’s Mar-a-Lago home and social club are pictured in this undated handout picture obtained by Reuters on June 25, 2024. Federal prosecutors in Donald Trump's classified documents case released new photos showing what they called the "haphazard manner" in which Trump stored boxes of documents that federal agents later seized from Mar-a-Lago in August 2022. The filing came in response to Trump's most recent motion to dismiss the case that argued that the FBI agents destroyed "exculpatory evidence" by failing to keep the documents in the same order in which they found them. Pointing to the photos — some of which show documents spilling onto the floor, while others show various items such as clothing and newspapers in the boxes — prosecutors said Trump's motion to dismiss should be denied without a hearing. "Against this backdrop of the haphazard manner in which Trump chose to maintain his boxes, he now claims that the precise order of the items within the boxes when they left the White House was critical to his defense," prosecutors, led by Special Counsel Jack Smith, wrote in the filing submitted Monday evening.

Persons: Donald Trump’s Mar, Donald Trump's, Trump, Jack Smith Organizations: Reuters, Trump, FBI, White Locations: Mar, Lago

☆ Melinda French Gates endorses Joe Biden for president
▼ + stars: | 2024-06-20 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +2 min

Melinda French Gates arrives at Elysee Palace for the Generation Equality Forum hosted by French President Emmanuel Macron on July 01, 2021 in Paris, France. Melinda French Gates, a philanthropist and the former wife of Microsoft co-founder Bill Gates, announced Thursday that she will vote for President Joe Biden in the 2024 presidential election, writing in an op-ed that "the stakes for women and families couldn't be higher." In her explanation of her endorsement, French Gates focused on the two candidates' track records when it comes to women's issues — the subject of much of French Gates' philanthropic work. French Gates announced in May that she would be resigning as co-chair of the Bill & Melinda Gates Foundation, almost three years after she and her ex-husband announced their separation. French Gates did not say in her endorsement on Thursday whether she plans to donate to Biden's campaign.

Persons: Melinda French Gates, Emmanuel Macron, Bill Gates, Joe Biden, I've, Gates, Donald, Trump's, I'm, Biden, French Gates, That's, Trump, Melinda Gates Organizations: Palace, Generation, French, Microsoft, CNN, Trump, CNBC, Melinda Gates Foundation, Bloomberg Locations: Paris, France, French

☆ DJT shares tumble 13% as Trump Media stock sell-off accelerates
▼ + stars: | 2024-06-18 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +2 min

Shares of Trump Media & Technology Group dropped more than 13% on Tuesday, continuing the stock's tumble following the conviction of former President Donald Trump, the company's majority shareholder. Trump Media shares, which trade under the ticker "DJT," are down about 40% since May 30, when a New York jury found Trump guilty of 34 felony counts of falsifying business records. But the registration statement notes that holders of Trump Media warrants can exercise them on a "cashless basis" starting Tuesday and until the registration statement becomes effective. The warning comes just weeks after the former president — who uses Truth Social almost exclusively to make his public statements — joined the social media app TikTok. Trump Media & Technology Group disclosed a net loss of $327.6 million and total revenue of $770,500 in the first quarter of the year on its most recent earnings report, filed in May.

Persons: Donald Trump, Trump, Tuesday's, Donald J, — Organizations: Trump Media & Technology Group, Trump Media, New, Securities and Exchange Commission, Trump, SEC, Truth Locations: New York, TMTG

☆ Trump allies scramble to explain after he calls Republican National Convention host Milwaukee a 'horrible' city
▼ + stars: | 2024-06-13 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

In a meeting with House Republicans on Thursday, former President Donald Trump called Milwaukee — the host of the 2024 Republican National Convention — a "horrible" city and said it is overrun by crime. The Trump campaign denied that he called the city "horrible," writing in a press release that the reports are a "total lie." "President Trump was explicitly referring to the problems in Milwaukee, specifically violent crime and voter fraud," the campaign said in its statement. Republican Rep. Bryan Steil, of Wisconsin, replied to a post on X that reported Trump's comment that Milwaukee is a "horrible" city. "We'll see that at the RNC — and then again in November, when Wisconsinites send Donald Trump packing."

Persons: Donald Trump, Punchbowl's Jake Sherman, Trump, Bryan Steil, Steil, Derrick Van Orden, Joe Biden, Biden, X, Milwaukee Mayor Cavalier Johnson, Garren, MAGA, Randolph Organizations: Capitol, National Republican Senatorial, Republicans, Milwaukee, Republican, Convention, NBC News, Capitol Hill Club, Trump, RNC, Democrat, Republican Party, CNBC, Milwaukee Bucks, White, Milwaukee Mayor, Garren Randolph , Wisconsin Democratic, MAGA Republicans Locations: Washington, Milwaukee, Wisconsin, Garren Randolph , Wisconsin

☆ Biden touts 'great American comeback' after better-than-expected May jobs report
▼ + stars: | 2024-06-07 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden speaks about the economy at the International Brotherhood of Electrical Workers Local 26 union, in Lanham, Maryland, on Feb. 15, 2023. President Joe Biden touted the far better-than-expected May jobs report, boasting about "the great American comeback" and calling out Congressional Republicans' economic plan in a statement on Friday. The unemployment rate rose from 3.9% to 4% at the same time, and the labor force participation rate decreased slightly to 62.5%. "The great American comeback continues, but we still have to make more progress," Biden said. "On my watch, 15.6 million more Americans have the dignity and respect that comes with a job.

Persons: Joe Biden, Dow Jones, Biden Organizations: International Brotherhood of Electrical Workers, Republicans, payrolls, U.S . Department of Labor, Federal Reserve Locations: Lanham , Maryland, U.S

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