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Former President Donald Trump on Wednesday reached a settlement with a group of protesters who filed a lawsuit alleging they were assaulted by his security guards outside of Trump Tower in 2015, lawyers for both sides said. We are very pleased with this outcome and are happy to finally put this matter to rest once and for all.”The suit stems from an incident in September 2015, when a group protesting then-candidate Trump’s comments about Mexican immigrants allege Trump’s security guards assaulted them on the sidewalk outside Trump’s Fifth Avenue building. The suit charges that Trump’s head of security punched one of the protesters in the head while trying to wrest away his “Make America racist again” sign. Trump’s testimony that he was in the dark about what his security officers were doing was disputed by his former lawyer Michael Cohen during his own videotaped deposition earlier this year. That testimony was also going to be played for the jury in the now-canceled trial.

☆ Trump Organization Trial Delayed Due to Covid-19
▼ + stars: | 2022-11-01 | by ( Corinne Ramey | ) www.wsj.com time to read: 1 min

A recent courtroom sketch showing Justice Juan Merchan, defense lawyers and prosecutors at the Trump Organization’s trial in New York. The Trump Organization’s criminal tax-fraud trial was delayed Tuesday after the prosecution’s first witness tested positive for Covid-19. Trump Organization controller Jeffrey McConney, who testified on Monday afternoon and Tuesday morning, took a Covid-19 test after coughing through his morning testimony. He didn’t wear a mask in court.

☆ Trump Organization Trial Starts With Sparring over Allen Weisselberg’s Intent
▼ + stars: | 2022-10-31 | by ( Corinne Ramey | ) www.wsj.com time to read: 1 min

Michael van der Veen, in red necktie, is a defense attorney in the tax-fraud trial against the Trump Organization. The Trump Organization’s criminal trial began Monday with arguments over whether longtime finance chief Allen Weisselberg directed a fraud scheme to help reduce the company’s tax bill or instead was motivated by securing personal benefits including a rent-free Manhattan apartment and paid leases for luxury cars. The Manhattan district attorney’s office has brought tax-fraud charges against two companies—Trump Corp. and Trump Payroll Corp.—that are part of a group of entities collectively referred to as the Trump Organization. The companies were owned by Donald Trump until he became president, and afterward controlled through Mr. Trump’s trust.

☆ Jay Powell just went full Volcker
▼ + stars: | 2022-09-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +10 min

But in just a few months, that sizable jump has become the norm, and it’s almost certainly sealed Jay Powell’s status as the Paul Volcker of the 2020s. “Chair Powell just announced another extreme interest rate hike while forecasting higher unemployment,” Warren tweeted. Bottom line: Powell continues to draw from the Volcker playbook, which means he’s unlikely to waver on the Fed’s target rate of 2% inflation, lest the central bank’s credibility take another blow. Only time will tell whether that 40-plus-year-old playbook still applies in an economy that’s fundamentally different from the one Volcker confronted. Trump also lied about the square footage of his Trump Tower triplex apartment to inflate the value at over $300 million, James alleges.

With the term “personal taxes,” however, Mr. Garten appears to be conflating income taxes with other federal taxes Mr. Trump has paid — Social Security, Medicare and taxes for his household employees. Fragments of Mr. Trump’s tax returns have leaked out before. Mr. Agalarov’s father, Aras, a billionaire who boasts of close ties to Mr. Putin, was Mr. Trump’s partner in the event. Mr. Trump’s avoidance of income taxes is one of the most striking discoveries in his tax returns, especially given the vast wash of income itemized elsewhere in those filings. When they got to line 56, the one for income taxes due, the amount was the same each year: $750.

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