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It is also not clear if Trump's team has communicated with Putin’s government about Ukraine, and if so, what has been conveyed by either side. The transition team declined to comment on whether a Putin ally, Hungarian Prime Minister Viktor Orbán, carried any message from Russia to Trump in his recent visit to Mar-a-Lago. Asked if Walz and others on Trump's transition team are working with the Biden administration on a ceasefire plan, transition spokesperson Brian Hughes said: “Congressman Waltz and National Security Advisor Jake Sullivan are in contact on many issues. “The atmosphere thus far in terms of the engagement between the Ukrainians and the incoming Trump team, including Zelenskyy and Trump himself, has been positive,” one of the sources said. The Trump transition team declined to comment on how Trump views the idea of barring Ukraine from joining NATO indefinitely or for some designated period of time.

Persons: Donald Trump’s, Trump’s, Vladimir Putin, Trump, “, Putin, ” Trump, Viktor Orbán, Jake Sullivan, Mike Waltz, Biden, “ Trump, ”, Walz, Brian Hughes, Waltz, Elect Trump, Volodymyr Zelenskyy’s, Emmanuel Macron, Andriy Yermak, Keith Kellogg, J.D, Vance, Putin “, John Herbst, Konstantin Malofeyev, Kellogg, “ Kellogg, That’d, ” Malofeyev, Zelenskyy, Putin — Organizations: White House, NBC News, “, National Security, Trump, French, Zelenskyy, U.S, White, Kremlin, Financial Times, NATO, Biden, Moscow — Locations: Russia, Ukraine, Kyiv, Russian, Hungarian, America, Paris, Washington, Europe, U.S, Kursk, Moscow

☆ China signals readiness to mend ties with U.S. ahead of Trump inauguration
▼ + stars: | 2024-12-13 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

U.S. President Donald Trump, right, and Xi Jinping, China's president, walk past members of the People's Liberation Army (PLA) during a welcome ceremony outside the Great Hall of the People in Beijing, China, on Thursday, Nov. 9, 2017. During his election campaign, Trump had threatened to impose tariffs in excess of 60% on China. Earlier this month, the Joe Biden administration announced broader restrictions on U.S. exports of advanced memory chips and chipmaking machineries to Chinese companies. President Xi reiterated on Tuesday that he had "full confidence" to achieve this year's growth target, calling the country "the biggest engine of world's economic growth." Overtures but not capitulationEarlier this week, CBS reported that Trump had invited the Chinese leader to attend his inauguration next month.

Persons: Donald Trump, Xi, Qilai Shen, Xi Jinping, Kenneth Jarrett, Jarrett, Shen Meng, Trump, Joe Biden, machineries, Daniel Balazs, Sam Radwan, Derek Scissors, Gabriel Wildau, Teneo Organizations: People's Liberation Army, PLA, of, People, Bloomberg, Getty, U.S, U.S ., China Business Council, Albright, Trump, America, Chanson, Rajaratnam, of International Studies, Nvidia, CNBC, CBS, American Enterprise Institute Locations: Beijing, China, U.S, Washington

☆ Tech companies most threatened by Trump are donating to his inauguration fund
▼ + stars: | 2024-12-13 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos have a particularly sketchy past with President-elect Donald Trump. Meta donated $1 million to the inauguration, the company confirmed to CNBC, weeks after Zuckerberg dined with Trump privately at his Mar-a-Lago resort. Trump has been a vocal critic of tech companies, and he signaled earlier this month that he won't shy away from antitrust enforcement. The incoming president nominated Gail Slater, who advised Trump on tech policy during his first term, to head the Department of Justice's antitrust arm. In his first term, Trump repeatedly attacked Bezos and his companies, Amazon and The Washington Post, accusing them of dodging taxes or publishing "fake news," among other things.

Persons: Donald Trump, Mark Zuckerberg, Jeff Bezos, Sam Altman, Elon Musk, Trump, " Altman, Altman, Meta, Zuckerberg, Gail Slater, Bezos, Trump's Organizations: National Guard Association of, United States, 146th General Conference & Exhibition, Place, Amazon, America, CNBC, Trump, Wall Street, Tech, Little Tech, Truth, Meta, Washington, U.S . Postal Service, Department of Defense, Musk's SpaceX Locations: United, Detroit , Michigan, Lago, Little

☆ Meta donates $1 million to Trump inaugural fund after Zuckerberg Mar-a-Lago meeting
▼ + stars: | 2024-12-12 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Meta, the parent company of Instagram, Facebook and WhatsApp, said Thursday it had donated $1 million to the inaugural fund of President-elect Donald Trump. The donation is the latest swing in the up-and-down relationship between Trump and CEO Mark Zuckerberg’s company. The two men had dinner together last month at Trump’s Mar-a-Lago resort in Florida. In 2021, Meta suspended Trump’s Facebook and Instagram accounts, as did some other platforms like Twitter, after the Jan. 6 attack on the U.S. Capitol. Peter Thiel, another investor and a former Meta board member, is also a longtime Trump adviser.

Persons: Donald Trump, Trump, Mark Zuckerberg’s, Zuckerberg, Kamala Harris, Joseph Simons, Marc Andreessen, Peter Thiel Organizations: Instagram, Facebook, Street Journal, Trump’s, Meta, U.S . Capitol, Federal Trade Commission, Trump, Democratic, Free Press, Mar Locations: Lago, Florida

Robert Kennedy Jr. speaks with others before a ceremony with President-elect Donald Trump at the New York Stock Exchange on Thursday December 12, in New York. He said he would consider getting rid some vaccines for children, falsely suggesting autism may be caused by vaccines. Scientists have repeatedly debunked the theory that vaccines cause autism. Several subsequent studies trying to reproduce the results have found no link between vaccines and autism. Autism diagnoses have been increasing — up from one in 150 children in 2000 to about 1 in 36 children in 2020.

Persons: Robert Kennedy Jr, Donald Trump, Alex Brandon, ” Trump, Robert F, Kennedy Jr, Kennedy, Trump, he’s “, ” Kennedy, he’s, Andrew Wakefield, Wakefield Organizations: New York Stock Exchange, Time, Department of Health, Human Services, Trump, NBC News, US Centers for Disease Control, Autism Locations: New York

WASHINGTON — A Republican former House member and three current members of Congress from Utah invited a Jan. 6 defendant to President-elect Donald Trump's inauguration, according to a letter filed by the defendant's lawyer. Jan. 6 defendant Russell Taylor organized a group of “fighters” to travel to Washington, D.C., on Jan. 6, 2021, in response to Trump’s tweet telling supporters the day "will be wild." Russell Taylor, right, makes an obscene gesture, obscured by NBC News, at the Capitol on Jan. 6, 2021. On Jan. 6, 2021, after the Capitol attack, Taylor wrote in a message that he "was pushing through traitors all day today." In the interview, Trump said members of Congress who served on the House Jan. 6 committee "should go to jail."

Persons: WASHINGTON —, Donald Trump's, Jan, Russell Taylor, ”, Taylor, Dyke, Huish, Royce Lamberth, Russell, Andrew Caballero, Reynolds, Chris Stewart, Stewart, Mr, They're, I've, District of Columbia Stewart, Russ ’, WE, Lamberth, He's, Trump Organizations: Republican, Washington , D.C, Capitol, U.S, District, NBC News, Getty, Politico, Trump, District of Columbia, Patriots, Press, Washington Locations: Utah, Washington ,, Washington, Congress

But facing reelection in two years in a conservative state, Rounds is the target of Trump allies trying to get him to fall in line on those picks. In a chamber where lawmakers often pride themselves on their independence, Republican senators insist that they aren’t feeling the outside pressure. Most of Trump’s selections don’t currently appear in serious danger of losing GOP support, although many senators aren’t officially backing Trump’s picks ahead of formal nominations and confirmation hearings. For their part, several Republican senators told CNN this week they don’t believe that an outside pressure campaign will influence their votes. The Maine Republican told reporters after the meeting she questioned him on issues related to allegations of heavy drinking and sexual misconduct.

Persons: CNN — Sen, Mike Rounds, Donald Trump, Rounds, doesn’t, Pete Hegseth, “, ” Rounds, Sen, Joni Ernst of, MAGA, don’t, aren’t, Trump’s, Samuel Corum, “ We’re, Trump, –, Matt Gaetz –, Republicans –, Tulsi Gabbard, Kash Patel, Tulsi, ”, we’ve, “ Gaetz, Maine Sen, Susan Collins –, Hegseth, I’ve, John McCain tanking, Thom Tillis, —, Lisa Murkowski, Collins, it’ll, Don’t, ” Murkowski, Ernst, he’s, Ernst’s, Defense Department . Sen, Joni Ernst, Vivek Ramaswamy, Andrew Harnik, Charlie Kirk, Hegseth’s, Brenna Bird, Breitbart, it’s, ” Bird, ” Trump, ” “, she’d, ” Collins, ” It’s, Texas Sen, John Cornyn –, ” Cornyn, Veronica Stracqualursi, David Wright, Danya Gainor Organizations: CNN, Trump, South Dakota Republican, Pentagon, Joni Ernst of Iowa, GOP, Senate, Capitol, Getty, Advisers, Republicans, RFK, Drug, Administration, Republican, Cabinet, Trump’s Cabinet, Fox News, Defense Department ., Iowa, Maine Republican Locations: Dakota, Washington , DC, Hegseth, Trump, Maine, North Carolina, Washington, Alaska, Capitol, Iowa, Texas

☆ What a small group of America's centimillionaires believe about bitcoin and its political future
▼ + stars: | 2024-12-12 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

Here is how one group of initially skeptical centimillionaires got over their doubts, how they are now thinking about bitcoin, and how they invest in it. AdvertisementThe group's members, which make up a diverse bunch, range from 30 to 87 years old with the average being 45 to 55. But bitcoin's future price prospect isn't the only draw for R360 members. This perception isn't new or unique to R360 members. They're making their voice heard, 'this candidate, yes, because they're supportive of bitcoin, and this candidate, no, because they're not.'

Persons: Charlie Garcia, Garcia, Donald Trump, centimillionaires, Barbara Goodstein, bitcoin, Michael Saylor, you'll, Donald, who's, Bobby Kennedy's, they're, David Bailey, Bobby Kennedy, Bailey Organizations: Business, Trump, Bitcoin Conference, Bitcoin, Mar, BTC Inc Locations: bitcoin, Washington, United States, Nashville

☆ Amazon plans to donate $1 million to President-elect Donald Trump’s inauguration
▼ + stars: | 2024-12-12 | by ( Kaitlan Collins | ) edition.cnn.com time to read: +1 min

CNN —Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration, a person familiar with the matter told CNN. Amazon founder Jeff Bezos is expected to visit with Trump in person in the coming days, as he and other tech founders seek closer relationships with the incoming president. “Our former President showed tremendous grace and courage under literal fire tonight,” Bezos wrote on X at the time. Bezos joins other tech leaders in looking to foster a closer relationship with the president-elect. Meta confirmed Wednesday that it donated $1 million to the inaugural fund, two weeks after Meta CEO Mark Zuckerberg met with Trump privately at Mar-a-Lago.

Persons: Donald Trump’s, Jeff Bezos, Trump, Bezos, “, ” Bezos, Meta, Mark Zuckerberg, CNN’s Elisabeth Buchwald Organizations: CNN, Amazon, Trump, Street Journal, Mar Locations: It’s

☆ Xi’s RSVP is a snub to Trump, but the inauguration invite is still a big deal
▼ + stars: | 2024-12-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Still, even without a favorable response, Trump’s invitation to Xi marks a significant development that sheds light on the president-elect’s confidence and ambition as he wields power ahead of his second term. This is a reminder of Trump’s fondness for foreign policy by grand gesture and his willingness to trample diplomatic codes with his unpredictable approach. The Xi invitation also shows that Trump believes that the force of his personality alone can be a decisive factor in forging diplomatic breakthroughs. But at the same time, it’s fair to question whether the fire and fury of his first-term foreign policy delivered durable results. “We’ve been talking and discussing with President Xi, some things and others, other world leaders, and I think we’re going to do very well all around,” Trump said.

Persons: Donald Trump, Jinping, Xi wouldn’t, —, Trump, Xi, he’s, Florida Sen, Marco Rubio, Mike Waltz, ”, Lily McElwee, McElwee, Biden, elect’s, Trump’s, Jim Cramer, “ We’ve, ” Trump, We’ve, Vladimir Putin, Recep Tayyip Erdogan, North, Kim Jong, Putin, “, George W, Bush, Barack Obama, ” McMaster, “ Trump, dealmaker, ’, It’s Organizations: CNN, Chinese Communist Party, Trump, China Studies, Center for Strategic, International Studies, Air, CNBC, H.R, McMaster, Kremlin, Beijing, European, US, Nvidia Locations: China, Florida, United States, Taiwan, Russia, North Korea, Iran, South, East China, Washington, Russian, Turkish, Beijing, Wuhan, Canada, European Union, America

CNN —Accompanying his selection as Time’s Person of the Year, President-elect Donald Trump sat down with the magazine for a wide-ranging interview that published on Thursday. “I want to reach an agreement, and the only way you’re going to reach an agreement is not to abandon,” Trump said. He said the war is a “tragedy” with a “staggering” number of people killed on both sides of the conflict. He said he would consider getting rid of some vaccines for children, falsely suggesting autism may be caused by vaccines. Several subsequent studies trying to reproduce the results have found no link between vaccines and autism.

Persons: Donald Trump, ‘, ’, Ukraine Trump, “, ”, ” Trump, “ We’re, Joe Biden, Trump, Volodymyr Zelensky, Vladimir Putin, ’ Trump, We’ll, we’ll, we’re, —, “ I’m, they’ve, Robert F, Kennedy Jr, We’re, Kennedy, he’s “, ” Kennedy, he’s, It’s, Andrew Wakefield, Wakefield, ” “ Organizations: CNN, Capitol, Biden, Army Tactical Missile Systems, Trump, National Guard, NBC, Press, Time, Justice Department, NBC News, Department of Health, Human Services, US Centers for Disease Control, Autism, West Bank, Education Department Trump, Department of Education, of Education, Civil Locations: Ukraine, Russia, East, Israel, Washington

☆ Here are 7 key moments from Jim Cramer's interview of Donald Trump from the NYSE
▼ + stars: | 2024-12-12 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump told CNBC's Jim Cramer on Thursday the stock market is "going to see a lot of good days ahead." Jim interviewed Trump on the floor of the New York Stock Exchange moments after the president-elect rang the opening bell. In their wide-ranging discussion, Trump said the performance of the stock market is "very important" to him. Here are seven key moments from Jim's Trump interview: Jim : What would you say to the American investor? Trump : "The stock market, all of it together, is very important."

Persons: Donald Trump, CNBC's Jim Cramer, Jim, Trump, Elon Musk, Jim's Trump, we'll, Mark Zuckerberg's, Jeff Bezos, Jim Cramer, he's Organizations: New York Stock, Trump, Dow, Nasdaq, SpaceX, Elon, NYSE, RFK Locations: USA, China, U.S

☆ Here’s what could get significantly more expensive under Trump’s tariff plan
▼ + stars: | 2024-12-12 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

“The only certainty is that new tariffs will be costly for the United States,” the researchers concluded. More than half (56%) of shoes sold in the United States are made in China, the trade group said. China’s “dominant position” in toymaking would be difficult to replicate in a way that meets US product safety standards, the Peterson Institute research found. The United States relies on Mexico for 89% of its imported avocados and 91% of foreign-grown tomatoes, according to the US Department of Agriculture. On the campaign trail, Trump vowed to make prices plunge and stressed that his tariff plan would not reignite inflation.

Persons: Trump, Donald Trump’s, “, It’s, ” Karoline Leavitt, Vance, Steve Madden, Cole Haan, China’s, Julieta Contreras, Mary Lovely, Jing Yan, …, ” Trump Organizations: New, New York CNN, Peterson Institute for International Economics, CNN, Peterson, “, Footwear Distributors, Retailers of America, Nike, United, Peterson Institute, US Department of Agriculture, NBC, ” Locations: New York, China, United States, Canada, Mexico, toymaking, “, AutoZone, Columbia

☆ Wray’s departure will cement Trump’s control over the institutions of US justice
▼ + stars: | 2024-12-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —FBI Director Christopher Wray’s resignation announcement was the latest, and inevitable, step in the accumulation of massive and unusual power around President-elect Donald Trump. For Trump’s supporters, Wray’s exit will represent another moment of triumph following the president-elect’s political comeback amid criminal cases that once threatened not just his political career but his liberty. They insist that Kash Patel, Trump’s pick to replace Wray, will purge what they see as the politicization of the FBI. An internal Justice Department report found that there were serious errors made in Foreign Intelligence Surveillance Court applications on Carter Page, a former Trump 2016 campaign adviser. In many presidencies, tensions erupt between the bureau and Justice Department and the White House, since the agencies are regarded as quasi-independent.

Persons: Christopher Wray’s, Donald Trump, Wray, Biden, Trump, Wray’s, Kash Patel, —, Wray –, Patel, MAGA, he’d, ”, James Comey —, — Wray, Hillary Clinton’s, ” —, ” Steve Moore, It’s, Seth Moulton, “, weaponization, Carter Page, ” Chuck Grassley, Pam Bondi, ” Tom Dupree, George W, Bush, CNN’s Jake Tapper, “ We’ve, ” Patel, Steve Bannon’s, Joe Biden, — we’re, he’ll, “ I’m, NBC’s “ Organizations: CNN, FBI, Congress, Trump –, Trump, White, Republican, Capitol, America, CNN News Central, Massachusetts Democratic, Department, Intelligence, GOP, Justice Department, Conservative Political, DOJ, Democracy, Republican Party Locations: Lago, Massachusetts, Russia, State

WASHINGTON — FBI Director Christopher Wray plans to resign at the end of the Biden administration, as President-elect Donald Trump takes office, Wray told bureau employees on Wednesday. "I mean, it would sort of seem pretty obvious that if Kash gets in, he’s going to be taking somebody’s place, right?" Trump said, responding to a question about whether he would fire Wray if he didn't resign on his own. Wray, a Republican, was appointed by Trump in 2017 after the then-president fired James Comey as FBI director. And what absolutely cannot, must not change is our commitment to doing the right thing, the right way, every time."

Persons: Christopher Wray, Biden, Donald Trump, Wray, “, I’ve, ” Trump, Kash Patel, Trump, Kash, James Comey, Comey's, Robert Mueller, Mueller, —, that’s, ” Organizations: WASHINGTON, NBC, Republican, Trump, FBI, Capitol Locations: Mar, United States

WASHINGTON — Top Republicans are divided over the best strategy to advance core components of President-elect Donald Trump’s agenda when the party gains a slim majority in Congress next year. “My goal is to make sure we’re successful on making sure Trump’s tax cuts are made permanent and extended. I have tax cuts. “We should be doing the biggest reconciliation package you possibly can conceive of the first time around. I’m not sure you even get the second reconciliation package,” Biggs told NBC News on Tuesday.

Persons: Donald Trump’s, Jason Smith, Smith, ” Smith, I’ve, John Thune, ” Thune, ”, “ We’ve, Mike Johnson, Trump, Johnson, Trump's, we’re, we’ll, Kristen Welker, “, Stephen Miller, Russell Vought, Matt Gaetz, Elise Stefanik, Mike Waltz, Corralling, Warren Davidson, Andy Biggs, he’s, I’m, ” Biggs, Biggs, James Comer, Tim Walberg, Jason, ” Walberg, Greg Murphy, Biden, ” Murphy Organizations: WASHINGTON —, Trump, Republicans, Democratic, GOP, “, NBC News, Army - Navy, Republican, NBC, Press, White, Management, First, Conservative, Energy, Commerce, ” Locations: Florida, New York, Ohio, Arizona, ”, Ky

☆ Bull market to continue for a third year with small caps leading the way, Piper Sandler says
▼ + stars: | 2024-12-11 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

The bull market will continue into 2025, according to Piper Sandler, and this time it will be led by gains in small caps. "We see compelling technical evidence suggesting that this bull market has room to continue thriving on skepticism and expanding further 'down-cap' throughout the upcoming year," Piper Sandler chief market technician and chart analyst Craig Johnson wrote Wednesday. Historically, the third year of a bull market typically sees the S & P 500 return 5.2% on average, while small caps usually register double-digit returns, Johnson added. The chart analyst's view comes as the S & P 500 climbed on Wednesday following a November consumer inflation report that matched expectations . Piper Sandler is not alone in its forecast of small-cap outperformance moving forward.

Persons: Piper Sandler, Craig Johnson, Johnson, Russell, Donald Trump, Trump's, Jefferies, Tom Lee Locations: Tuesday's

☆ China ramps up Wall Street meetings as Trump inauguration looms
▼ + stars: | 2024-12-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Aly Song | Reuterswatch now"I do think the Wall Street folks that are coming into commerce and treasury will serve a moderating role on the trade protectionist side," said Clark Packard, research fellow at the Cato Institute. "It's all relative because I do think there's going to be something protectionist on the trade side. "Especially at Treasury they're pretty worried about market reaction," Packard said. "The one thing that can truly maybe scare Trump away from a really aggressive [policy] would be the market reaction." After tumbling early this year, Chinese stocks rebounded after Beijing signaled a shift toward stimulus in late September.

Persons: Aly Song, Clark Packard, Packard, Trump Organizations: Reuters, Cato Institute, Treasury Locations: U.S, Beijing

FBI Director Christopher Wray walks into a secure information area (SCIF) ahead of a closed-door security meeting on Capitol Hill in Washington on September 25, 2024. FBI Director Christopher Wray said Wednesday that he will resign by the end of the Biden administration next month. Trump in November announced his intention to nominate Kash Patel as FBI director. Patel is a former federal prosecutor and a Trump loyalist who has been critical of the FBI. Trump, who was president at that time, nominated him to the post after firing James Comey as director.

Persons: Christopher Wray, Biden, Donald Trump, Wray, Trump, Kash Patel, Patel, James Comey, I've Organizations: Capitol, Federal Bureau of, Trump, FBI, White Locations: Washington

☆ Trump to be named Time’s ‘Person of the Year’ for second time
▼ + stars: | 2024-12-11 | by ( Steve Contorno | Kristen Holmes | ) edition.cnn.com time to read: +4 min

CNN —Donald Trump once publicly speculated that Time would never name him the news magazine’s “Person of the Year.”Now, the honor will be bestowed on him twice. Trump’s 2024 selection mirrors his first recognition in 2016, when Time named him Person of the Year after his unexpected rise to the presidency. Despite the magazine’s dwindling circulation, Time’s Person of the Year remains an annual cultural touchstone and the distinction has become an obsession of sorts for Trump throughout the years. Despite his regular criticism of the media, Trump has regularly granted access to legacy outlets – including Time. Every US president since Franklin Delano Roosevelt, except Gerald Ford, has been named Person of the Year at least once.

Persons: Donald Trump, Trump, Taylor Swift, Kamala Harris, Angela Merkel, “, ”, –, Harris, Franklin Delano Roosevelt, Gerald Ford, Joe Biden, Ivanka Trump, Betsy Klein, Hadas Gold Organizations: CNN, New York Stock Exchange, Time, Trump, The Washington Post, Occupy, Twitter Locations: Germany, Beach

☆ CNBC Daily Open: Can quantum computing be used in the real world?
▼ + stars: | 2024-12-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Alphabet spikes after Google announces 'breakthrough' quantum chip Shares of Google's parent company Alphabet rose 6% on Tuesday, a day after the company hailed its latest quantum computing chip as a "breakthrough." Quantum computing uses quantum bits or qubits which can be zero, one or something in between. Will we see faster laptops, faster smartphones, or can quantum computing be used for artificial intelligence applications? Proponents of quantum computing claim it will be able to solve problems that current computers can't. After all, if there are currently no real world uses for quantum computing, the solution cannot be put to solving problems, let alone commercialized.

Persons: Bernstein, Lifeng, Donald Trump's, Goldman Sachs, Stanley, CNBC's Arjun Kharpal Organizations: CNBC, Trump, Blackrock, Citigroup, Google, Marvel, HAL Locations: China, Beijing

Prosecutors from the Manhattan district attorney's office are urging a New York judge not to throw out President-elect Donald Trump's criminal conviction in the hush money case, offering a variety of suggestions on how the case could proceed without interfering with his presidential duties. They also knocked Trump's claim that the case should be "immediately" dismissed because he's already protected by presidential immunity. Judge Juan Merchan indefinitely postponed Trump's sentencing last month so both sides could present their arguments on the issue. Prosecutors presented a number of possible ways forward, including staying Trump's sentencing until after he's out of office. "To be sure, the People do not dispute that presidential immunity requires accommodation during a President’s time in office.

Persons: Donald, Trump, there's, ”, DA Alvin Bragg’s, Trump's, he's, defendant’s, Steven Cheung, Trump’s, Juan Merchan, Michael Cohen, Stormy Daniels, Daniels, Jack Smith, Cheung, Witch Hunt Organizations: DA, Prosecutors, Trump Locations: Manhattan, New York, Alabama

☆ Biden says it was 'stupid' not to have signed his name on COVID-19 stimulus checks like Trump
▼ + stars: | 2024-12-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Biden suggested that he should've had his name printed on the 2021 stimulus checks, similar to Trump in 2020. President Joe Biden during a Tuesday speech said that it was "stupid" of him to have not signed COVID-19 stimulus checks that went out as part of the American Rescue Plan, contrasting himself with President-elect Donald Trump. "I also learned something from Donald Trump — he signed checks for people … and I didn't," he said. Related Video Here's what the economy would look like under a Trump or Biden presidencyBiden: "I also learned something from Donald Trump. He signed checks for people ...

Persons: Biden, should've, Trump, Joe Biden, Donald Trump, Donald Trump —, …, KMIjdaWHpD — Aaron Rupar, Kamala Harris, Harris Organizations: Brookings Institute, Trump, American, Biden, Democratic

☆ The case for Donald Trump’s tariffs
▼ + stars: | 2024-12-10 | by ( Matt Egan | ) edition.cnn.com time to read: +9 min

Moore, who used to unabashedly favor free trade, said Trump convinced him that tariffs can be used as a negotiating tool. Trump’s recent threat to impose a 25% tariff on all imports from Canada got the immediate attention of Ottawa. It’s possible that Trump 2.0 uses tariffs, or at least the threat that he’ll impose tariffs, to get Mexico, Canada, China or other countries to address legitimate issues such as drug trafficking. Even Moore conceded that using tariffs to threaten BRICS nations is a “very, very flawed strategy” by Trump. During Trump’s first term, everything from US autos and soybeans to whiskey were targeted with retaliatory tariffs.

Persons: Donald Trump, Trump, ” Stephen Moore, Trump’s, Moore, ”, “, ” Karoline Leavitt, Vance, ‘, ’ Christine McDaniel, George W, Bush, George Mason University’s, McDaniel, Justin Trudeau, Trudeau, Stephen Moore, Samuel Corum, It’s, Erica York, York, ” York, There’s, Dean Baker, I’ll, Baker, Joe Biden, ’ Trump, ” Baker, Smoot, Hawley, ” Moore Organizations: New, New York CNN, United, CNN, Trump Economic, Trump, Washington, Canadian, Pacific Partnership, Heritage Foundation, Getty, Commerce Department, Tax Foundation, Economic, Policy Research, European Union Locations: New York, United States, Mexico, China, Canada, Ottawa, Mar, Japan, Tokyo, Beijing, United Kingdom, Rust, Brazil, Russia, India, South Africa

☆ New York AG refuses Trump's demand to drop business fraud case
▼ + stars: | 2024-12-10 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Shannon Stapleton | ReutersThe New York Attorney General's Office on Tuesday rejected a demand from Donald Trump's lawyer to drop the massive civil business fraud case that has put the president-elect on the hook for more than $480 million in fines. But there is "no merit" to that claim, Vale wrote Tuesday. And Trump's upcoming inauguration, she wrote, "has no bearing" on the outcome of the trial or his ongoing efforts to challenge the judgment. The decision by special counsel Jack Smith to dismiss his two federal cases against Trump, and the move to indefinitely delay Trump's criminal hush money case, "are irrelevant here," Vale wrote. New York Attorney General Letitia James sits in the courtroom during the civil fraud trial of former President Donald Trump and his children at New York State Supreme Court on November 03, 2023 in New York City.

Persons: Donald Trump, Letitia James, Shannon Stapleton, Donald Trump's, Judith Vale, Trump, John Sauer, Sauer, Vale, Kamala Harris, Jack Smith, James, Arthur Engoron, David Sanders Organizations: U.S, Trump Organization, New York, Supreme, Fox News, Trump, Manhattan, NY, Court, Getty Locations: Manhattan, New York City, U.S, , New York County

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