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☆ Former Treasury Sec. Steven Mnuchin says Europe faces longstanding impact from Russia-Ukraine war
▼ + stars: | 2022-11-17 | 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 Treasury Sec. Steven Mnuchin says Europe faces longstanding impact from Russia-Ukraine warFormer U.S. Treasury Secretary Steven Mnuchin says Russia’s war in Ukraine “has to stop."

☆ U.S. cannot ask OPEC+ to produce more oil 'when we aren’t doing it ourselves,' Mnuchin says
▼ + stars: | 2022-11-17 | 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 EmailU.S. cannot ask OPEC+ to produce more oil 'when we aren’t doing it ourselves,' Mnuchin saysFormer U.S. Treasury Secretary Steven Mnuchin says the U.S. cannot turn to oil producer group OPEC+ and ask them to pump more “when we aren’t doing it ourselves.”

☆ Passed on investing in FTX, twice, says former Treasury Secretary Steve Mnuchin
▼ + stars: | 2022-11-16 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +4 min

"We looked at investment twice, and passed both times," Mnuchin said at the CNBC Technology Executive Council Summit in New York on Tuesday. I did not expect it would unwind nearly as quickly, and if indeed customer funds were misused those are very serious issues," he said. "We were a bit surprised by the overall level of valuation," Mnuchin said. "You had people doing an investment a day in tech," Mnuchin said at the CNBC event. Though he added that the allegations of misuse of customer funds in the FTX case do point to a foundational principal in financial regulation.

☆ The second time we looked at FTX, it was five times the valuation of the first time: Mnuchin
▼ + stars: | 2022-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe second time we looked at FTX, it was five times the valuation of the first time: MnuchinFormer U.S. Treasury Secretary Steven Mnuchin talks to CNBC's Melissa Lee about the fallout from the FTX bankruptcy and his own dealings with the company.

☆ Amazon's job cut plans show that tech isn't out of the woods just yet
▼ + stars: | 2022-11-15 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +6 min

Indeed, as Insider reported last week, Mark Zuckerberg isn't ruling out the possibility of more layoffs at Meta. Amazon CEO Andy Jassy Dan DeLong/GeekWire1. Meta CEO Mark Zuckerberg Photo by Liu Jie/Xinhua via Getty2. The tech titans are known for paying the big bucks, but that's not the only way to make it in tech. Tech leaders like Ancestry CEO Deb Liu and Scale AI CEO Lucy Guo will appear on stage.

☆ Trump asks Supreme Court to block Congress getting his tax returns
▼ + stars: | 2022-10-31 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former President Donald Trump on Monday asked the Supreme Court to block a judge's order that the IRS give years of his tax returns to the House Ways and Means Committee later this week. But the lawyers also said the Supreme Court could consider Monday's filing itself a request to hear the case. A Supreme Court case challenging the order could take months or longer to resolve. That committee has sought Trump's tax records and those of related business entities as part of an investigation of how the Internal Revenue Service audits presidential tax returns. The IRS, which is a division of the Treasury Department, is legally mandated to audit the annual tax returns of sitting presidents.

Barrack, 75, is charged with acting as an unregistered foreign agent and lying to the FBI. Prosecutors said UAE officials also pressed Barrack for details on who Trump would pick for various high-level jobs, including CIA director and at the State and Defense departments. Barrack's lawyers have said their client is his own man and was doing what he thought was right — not acting as an Emirati agent. Even viewed in the light most favorable to the government, the evidence shows only that the 'UAE' sometimes asked Mr. Barrack to do something, or to consider doing something, and Mr. Barrack then decided for himself whether he would do it or not." He said that Barrack had pushed him to convince then-President Trump to support Qatar in a blockade over the UAE.

They say Emirati sovereign wealth funds invested $374 million in Barrack's private equity firm Colony Capital, now known as DigitalBridge Group Inc (DBRG.N), in 2017 and 2018. Barrack's defense has argued his close relationship with Qatar shows he was not an Emirati agent. To prove Barrack was a UAE agent, prosecutors must prove he agreed to act under the Middle Eastern country's direction or control. In a post on his Truth Social platform on Sunday night, Trump said he did not believe Barrack was a UAE agent, and that Barrack never spoke to him about speeches or "what to say on this subject." "Tom Barrack is a highly respected businessman whose DREAM was to see PEACE IN THE MIDDLE EAST, a very good and noble thing," Trump wrote.

☆ Trump ally Barrack to testify in own defense at ‘foreign agent’ trial
▼ + stars: | 2022-10-21 | by ( ) www.nbcnews.com time to read: +2 min

NEW YORK — Tom Barrack, a onetime fundraiser for former U.S. President Donald Trump, is expected to take the witness stand in his own defense next week in his trial on charges of being an illegal foreign agent for the United Arab Emirates. Barrack’s lawyer Randall Jackson said in open court on Friday that Barrack would the stand Friday afternoon. Later, prosecutor Sam Nitze said he expected to take substantial time to cross-examine the current witness, former Barrack lawyer Brady Cassis, meaning Barrack would not take the stand Friday. Barrack, 75, has pleaded not guilty, as has his co-defendant Grimes. Even in instances where his interests and goals aligned with the UAE’s, he was acting on his own volition, they said.

☆ Former Treasury Secretary Steven Mnuchin Testifies in Defense of Trump Ally
▼ + stars: | 2022-10-21 | by ( James Fanelli | ) www.wsj.com time to read: 1 min

Former Treasury Secretary Steven Mnuchin testified Thursday in support of a Donald Trump ally on trial for alleged illegal lobbying on behalf of the United Arab Emirates, telling jurors that defendant Thomas Barrack at one point pushed a policy stance contrary to the interests of the small Gulf state. Mr. Mnuchin, who was treasury secretary during President Trump’s term in office, appeared in a Brooklyn federal court as a defense witness for Mr. Barrack, former chairman of investment firm Colony Capital Inc. who served as an informal adviser to Mr. Trump’s campaign. Federal prosecutors allege Mr. Barrack secretly worked to steer Mr. Trump’s presidential campaign and administration toward policies that U.A.E. officials favored.

☆ Trump ally Barrack to testify in own defense at 'foreign agent' trial
▼ + stars: | 2022-10-21 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

Companies DigitalBridge Group Inc FollowNEW YORK, Oct 21 (Reuters) - Tom Barrack, a onetime fundraiser for former U.S. President Donald Trump, is expected to take the witness stand in his own defense next week in his trial on charges of being an illegal foreign agent for the United Arab Emirates. Barrack's lawyer Randall Jackson said in open court on Friday that Barrack would the stand Friday afternoon. Later, prosecutor Sam Nitze said he expected to take substantial time to cross-examine the current witness, former Barrack lawyer Brady Cassis, meaning Barrack would not take the stand Friday. Barrack, 75, has pleaded not guilty, as has his co-defendant Grimes. Even in instances where his interests and goals aligned with the UAE's, he was acting on his own volition, they said.

Federal prosecutors in Brooklyn say Barrack, 75, used his influence with the Trump campaign and administration to push the United Arab Emirates' interests without notifying the U.S. attorney general, as required by law. Cogan said there was therefore "some indication of bias" from Mnuchin's testimony given that the UAE would likely not want a jury to convict Barrack. He said he would nonetheless limit prosecutors' ability to detail the "mind-boggling" amounts of money involved in Mnuchin's dealings with the UAE. The trial began on Sept. 19, and prosecutors rested their case earlier this week. Mnuchin is not the first former Trump administration official to take the stand in the case.

☆ Biden admin officials consider discouraging U.S. companies from expanding business ties with Saudi Arabia
▼ + stars: | 2022-10-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Carol-Lee-Circle-Byline-Template.Jpg | Carol E. Lee | ) www.nbcnews.com time to read: +8 min

WASHINGTON — Biden administration officials are considering trying to discourage American companies from expanding business ties with Saudi Arabia as part of a U.S. response to a recent Saudi-led push by oil-producing countries to cut global production, said three current and former U.S. officials familiar with the discussions. The Trump administration sent the treasury secretary to the conference, whereas last year the Biden administration sent Deputy Commerce Secretary Don Graves. “That’s going to be a key test, that OPEC meeting,” the senior administration official said. Early last year Riyadh announced that starting in 2024 only international companies with regional headquarters in Saudi Arabia could do business with the Saudi government. Before the OPEC+ decision this month, U.S. and Saudi officials spent hours discussing the future of oil prices, according to administration officials.

☆ 'Opportunity zones' meant to boost poor communities did little more than give the rich another tax loophole — proof that trickle-down economics doesn't work
▼ + stars: | 2022-01-01 | by ( Paul Constant | ) www.businessinsider.com time to read: +6 min

He recently spoke with economist David Wessel about "opportunity zones" in the 2017 tax plan. Trump's tax cuts represented the purest form of trickle-down that had ever passed in Washington, DC. The Trump tax cuts didn't increase investments in American business — in fact, the wealth created for the richest Americans from those tax cuts likely wound up overseas. Instead, the Congressional Budget Office found that corporate tax revenue fell by over 30% the year after the tax cuts passed. We're still unraveling all the harm that the 2017 Trump tax bill has done to the economy.

Alături de Donald Trump, pe lista neagră a Iranului se află secretarul de Stat Mike Pompeo, fostul și actualul secretar al Apărării, Mark Esper și Christopher Miller, secretarul Trezoreriei, Steven Mnuchin, șeful CIA, Gina Haspel, și alți oficiali ai administrației Trump, potrivit agenției iraniene de presă IRNA. Ministerul iranian de Externe a decis sancționarea oficialilor americani pentru încălcarea drepturilor omului, acte de terorism și sprijinirea terorismului, ceea ce reprezintă o amenințare serioasă pentru pacea și securitatea în zonă și în lume, mai precizează IRNA. Decizia autorităţilor de la Teheran, anunţată în ultima zi completă a administraţiei Trump, permite sechestrarea oricăror active în Iran ale persoanelor fizice sancţionate. Nu au existat informaţii despre astfel de active, deci este puţin probabil ca demersul iranian să aibă impact financiar asupra preşedintelui în exerciţiu sau a unor oficiali americani, scrie digi24.ro. Administraţia Trump a impus numeroase sancţiuni unor oficiali, politicieni şi companii din Iran după retragerea Statelor Unite, în 2018, din acordul nuclear internaţional din 2015 privind programul nuclear iranian.

Persons: Donald Trump, Mike, Mark Esper, Christopher Miller, Steven Mnuchin, Gina Haspel, Trump, Administraţia Trump Organizations: Apărării, Trezoreriei, CIA, Externe, Trump Locations: Iranului, Teheran, anunţată, Iran, Statelor Unite

☆ Washingtonul a anunțat noi sancțiuni împotriva Iranului după acțiunile agresive de luni ale Teheranului
▼ + stars: | 2021-01-05 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Administraţia Donald Trump a impus, marţi, noi sancţiuni împotriva Iranului, vizând industria oţelului, acuzând Teheranul de susţinerea terorismului şi de abuzuri în domeniul drepturilor omului, anunţă Departamentul Trezoreriei de la Washington, informează Reuters, citează Mediafax. Compania chineză sancţionată se numeşte Kaifeng Pingmei New Carbon Materials Technology şi este acuzată că a furnizat mii de tone de materiale producătorilor de oţel din Iran. Anunțul administrației americane a venit după ce armata iraniană a anunțat luni că intenționează să desfășoare în ziua următoare o operațiune de instruire „comună și la scară largă” cu drone care implică mai multe ramuri militare. De asemenea autoritățile iraniene au dispus luni confiscarea unei nave comerciale sud-coreene care tranzita Strâmtoarea Ormuz, acuzând că aceasta „poluează Golful Persic cu substanțe chimice”. Tot luni regimul de la Teheran a anunțat că a reluat îmbogățirea uraniului la o puritate de 20%, o încălcare flagrantă a acordului nuclear semnat în 2015 cu marile puteri.

Persons: Administraţia Donald Trump, Reuters, Donald Trump, Steven Mnuchin Organizations: Mediafax, Trezoreriei, iranian Locations: Iranului, Washington, China, iranieni, străinătate, Iran, SUA, Semnan, coreene, Strâmtoarea Ormuz, Golful Persic, Coreea de Sud, Teheran

☆ Două creații ale lui Brâncuși au ajuns în top 10 cele mai scumpe sculpturi vândute la licitație (FOTO)
▼ + stars: | 2021-01-04 | by ( ) www.jurnal.md time to read: +3 min

„La jeune fille sophistiquée” a fost achiziționată în 1955 direct de la sculptor și a făcut parte dintr-o colecție privată până în 2018, când a fost vândută cu 71,2 milioane de dolari la o licitație organizată în New York de Casa Christie’s. Cealaltă sculptură Brâncuși prezentă în Top 10 este „La muse endormie”, realizată în 1913 și vândută cu 57,4 milioane de dolari în 2017, tot la o licitație Christie’s în New York. Creația face parte dintr-o serie de sculpturi „Muza adormită” care se află astăzi în colecțiile unor muzee prestigioase, precum Muzeul Metropolitan de Artă din New York, Art Institute din Chicago sau Musée National d’Art Moderne din Paris. Una dintre „muze” a fost cea care a trezit interesul Americii pentru arta lui Brâncuși, după ce a fost prezentată, în 1913, la Armory Show din New York, în cadrul unei expoziții în care artiștii europeni făceau cunoștință cu iubitorii de artă americani. Cohen a cumpărat „The Rabbit” în 2019, la o licitație a Casei Christie’s, miliardarul fiind atunci reprezentat de Robert Mnuchin, tatăl lui Steven Mnuchin, Secretarul Trezoreriei americane în administrația Trump, scrie Forbes.ro.

Persons: Constantin Brâncuși, Nancy Cunard, Queen Mary, Queen Elizabeth, Brâncuși, Wyndham Lewis, Aldous Huxley, Tristan Tzara, Man Ray, Ernest Hemingway, James Joyce, Ezra Pound, Louis Aragon, Alberto Giacometti, Lily, română Alfredo Monteverde, Alfredo, Giacometti, american Steven A . Cohen, Cohen, Picasso, Jeff Koons, Robert Mnuchin, Steven Mnuchin, Trump Organizations: Cunard, Cunard Line, Lusitania, White Star, Art Institute, baseball, Trezoreriei Locations: Atlanticului, Mauretania, SUA, New York, Chicago, Paris, Americii, marche, română, Brazilia, american, baseball New York

Opoziţia din Belarus contestă rezultatul scrutinului prezidenţial desfăşurat în august, câştigat în mod oficial de preşedintele Aleksandr Lukaşenko. Sunt vizate, de asemenea, Comisia Electorală Centrală din Belarus, Unitatea forţelor speciale de poliţie din Minsk (OMON), Direcţia pentru Afaceri Interne din Minsk şi KGB Alpha, unitatea de elită a serviciilor secrete. În octombrie, Statele Unite au sancţionat opt oficiali guvernamentali din Belarus. Opoziţia din Belarus contestă rezultatul scrutinului prezidenţial desfăşurat în august, câştigat în mod oficial de preşedintele Aleksandr Lukaşenko. În octombrie, Statele Unite au sancţionat opt oficiali guvernamentali din Belarus.

Persons: Mike Pompeo, Aleksandr Lukaşenko, Sancţiunile, Steven Mnuchin Organizations: american, Comisia Electorală, Interne, KGB Alpha, Trezoreriei, Uniunea Europeană Locations: Statele Unite, Belarus, Minsk, OMON, Britanie, Canada

☆ Many stimulus programs are due to expire at the end of 2020, threatening the US economy during the COVID-19 pandemic's most challenging phase
▼ + stars: | 2020-11-22 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

On November 19, Mnuchin expressed his desire to have $580 billion in unspent stimulus funds redirected to small businesses and to extend unemployment benefits. This economic relief program extended traditional unemployment benefits from the standard 26 weeks to 39 weeks. Self-employed and gig economy workers can collect state unemployment benefits through December 31, but that will also expire under the CARES Act. At the end of July, the Federal Pandemic Unemployment Compensation, or FPUC, expired, which provided a federally funded $600 weekly supplemental boost to state unemployment payments. AdvertisementThe coronavirus pandemic has deeply impacted funding for first-responders, teachers, firemen, and police officers, the very people who have been on the front lines.

Persons: —, Nancy Pelosi, Mitch McConnell, gridlock, Steven Mnuchin, Pelosi, McConnell, Mnuchin, Donald Trump, Joe Biden, Paul Sakuma, Stout, Biden Organizations: Service, Relief, Economic, Business, Representatives, Democratic, Johns Hopkins University, Century Foundation, Survey, The New York Times, New Locations: Federal, coronavirus, State, New York City

☆ Trump a intrat în videoconferința G20 pentru a se lăuda cu bilanțul președinției sale iar după ar fi ieșit să joace golf
▼ + stars: | 2020-11-22 | by ( ) www.jurnal.md time to read: +1 min

Donald Trump, care susţine în continuare că nu a pierdut alegerile prezidenţiale din 3 noiembrie şi acuză fraude comise mai ales cu ajutorul votului prin corespondenţă, a luat cuvântul la summitul G20 în jurul orei 12:45 GMT, la puţin timp după discursul de deschidere al Regelui Salman al Arabiei Saudite, care prezidează această reuniune desfăşurată prin teleconferinţă din cauza pandemiei COVID-19, transmite Agerpres. Potrivit unui delegat care a avut acces la discuţiile închise pentru presă, ''discursul său a constat în a spune că a făcut o muncă absolut incredibilă în timpul mandatului său, pe plan economic şi împotriva pandemiei''. ''Nu a spus niciun cuvânt despre chestiunile internaţionale'', afirmă aceeaşi sursă. Conform unui al doilea participant, Donald Trump ar fi spus în scurta sa intervenţie: ''A fost o onoare să lucrez cu voi şi mă bucur să lucrez cu voi în viitor şi pentru o perioadă îndelungată''. Odată încheiată intervenţia sa, potrivit celor două surse Trump a cedat locul la summit secretarului american al trezoreriei, Steven Mnuchin, şi a părăsit Casa Albă pentru a merge la clubul său de golf din apropiere de Washington.

Persons: Donald Trump, Salman al Arabiei, Trump, Steven Mnuchin Organizations: Salman al Arabiei Saudite, Agerpres, Casa Albă Locations: Casa, Washington

☆ FMI vrea sa-și reseteze relația...
▼ + stars: | 2020-11-12 | by ( ) www.realitatea.md time to read: +2 min

După alegerea lui Joe Biden în funcţia de preşedinte al Statelor Unite ale Americii, Fondul Monetar Internațional vrea să reseteze relația cu cel mai mare acționar. Potrivit unei analize a Reuters, inițiativele verzi ar putea avea un rol mai important în planul de redresare a economiei mondiale, scrie Agerpres. Mnuchin s-a opus şi planurilor de reformă care vizau alocarea unei ponderi mai mari ţărilor emergente, inclusiv China. Dar administraţia Trump a blocat includerea problemei schimbărilor climatice în comunicatele G20 (grupul celor 20 de economii dezvoltate şi emergente). Luna trecută, FMI a estimat că economia mondială se va contracta cu 4,4% în 2020, urmând să înregistreze o creştere de 5,2% în 2021.

Persons: Joe Biden, vicepreşedinte, Harris, Biden, Steven Mnuchin, Mnuchin, Georgieva, administraţia Trump Organizations: Monetar, Reuters, FMI Locations: Statelor Unite ale Americii, Kristalina, SUA, Paris, FMI, China

Secretarul american al Trezoreriei, Steven Mnuchin, s-a opus unor astfel de măsuri, care ultima dată au fost adoptate în timpul crizei financiare din 2009, când Biden era vicepreşedinte al SUA. Mnuchin s-a opus şi planurilor de reformă care vizau alocarea unei ponderi mai mari ţărilor emergente, inclusiv China. Dar administraţia Trump a blocat includerea problemei schimbărilor climatice în comunicatele G20 (grupul celor 20 de economii dezvoltate şi emergente). Luna trecută, FMI a estimat că economia mondială se va contracta cu 4,4% în 2020, urmând să înregistreze o creştere de 5,2% în 2021. Pentru reportaje video și emisiuni ne găsești pe Youtube , pentru fotografii și stories vino pe Instagram , iar pe Tik Tok îți oferim o doză de amuzament

☆ Meet the GOP's biggest Hollywood donors
▼ + stars: | 2020-08-26 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +13 min

America First Action, the most notable super PAC backing President Donald Trump, has directly criticized Hollywood. Donors from Hollywood-area ZIP codes also rank among the most generous donors to key Republican senators, including Lindsey Graham of South Carolina and Marco Rubio of Florida. 3 donor ZIP code in the nation, trailing only ZIP codes in Houston and Palm Beach, Florida, which is home to his Mar-a-Lago Club resort. Bill Pugliano/Getty ImagesTrump continues to profit from HollywoodIn messages to supporters this year, Trump has decried "liberal HOLLYWOOD donors" and "MEGA HOLLYWOOD DONORS," while his son Donald Trump Jr. has castigated the "Hollywood Elite." As president, Trump's pension earned him more than $84,000 in 2017, about $91,000 in 2018, and about $78,000 in 2019, his personal financial disclosures showed.

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