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Behind the US, we’re the next largest contributor to the effort to support Ukraine. US President Joe Biden and British Prime Minister Rishi Sunak hold a joint-press conference in the East Room of the White House in Washington, DC. Under former Prime Minister Boris Johnson, the UK pushed European and other Western allies to supply Ukraine with lethal defense systems and tanks. In his news conference on Thursday, Biden also said he was confident that Congress would continue providing support for Ukraine. “The fact of the matter is that I believe we’ll have the funding necessary to support Ukraine as long as it takes,” Biden said.
Persons: Joe Biden, Donald Trump, Ron DeSantis, CNN’s Kaitlan Collins, Rishi Sunak, ” Sunak, Blair, Biden, , , Trump, Sunak, Andrew Caballero, Reynolds, Boris Johnson, Volodymyr Zelensky, Johnson, ” Biden Organizations: CNN —, GOP, Russia, Florida Gov, CNN, NATO, British, White, Getty, Ukraine Locations: CNN — Ukraine, Ukraine, British, America, Washington , DC, AFP, United States, Kyiv, Russia, Nova
An announcement by the PGA Tour declared a partnership with the Saudi-backed LIV Golf, as well as the DP World Tour, unifying the trio under a new, yet-to-be-named, commercial entity. An eight-time winner on the PGA Tour and the 2020 US Open champion, DeChambeau’s move was a huge coup for LIV Golf. Yet many of the game’s biggest stars stayed put, with several becoming outspoken critics of LIV Golf. The latter purportedly turned down a $700 - $800 million offer to join the breakaway series, according to LIV Golf CEO Greg Norman. “I do feel bad for the PGA Tour players because they were told one thing and something else happened.
Persons: Bryson DeChambeau, , LIV, DeChambeau, DeChambeau’s, LIV Golf, Rory McIlroy, Tiger Woods, Greg Norman, CNN’s Kaitlan Collins, ” DeChambeau, it’s, Suhaimi Abdullah, Saudi Arabia’s, LIV Golf’s, Mohammed bin Salman, Jamal Khashoggi, Bin Salman, Quizzed, Collins, “ I’m, I’m, ” Bryson, Brett Eagleson, Maddie Meyer, Organizations: CNN, PGA Tour, Saudi Arabia’s Public Investment Fund, PGA, , LIV, Sentosa Golf Club, Saudi, Congress, United, America, Getty Locations: Saudi, Singapore, Saudi Arabia, Washington, al Qaeda
Most people recall the “Access Hollywood” tape of Trump using vulgar language to argue that “stars” can grab women. It also adds his Bedminster club to the potential locations where Trump had classified documents after leaving office. In response to the report, a Trump campaign spokesman said “leaks” are meant to “inflame tensions” around Trump. (The document Trump references was not produced by Milley, CNN was told.) Besides the ongoing investigations into the aftermath of the 2020 election, here’s what else is looming over Trump.
Persons: Donald Trump’s, Trump, Joe Biden’s, Jack Smith, who’s, , Elie Honig, Jake Tapper, ” Trump, undercuts, Smith, CNN’s Katelyn Polantz, Paula Reid, Kaitlan Collins, Mark Milley, Susan Glasser, Milley, CNN’s Haley Britzky, ” Beth Sanner, , CNN’s Kaitlan Collins Organizations: CNN, GOP, Trump, Department of Justice, ” CNN, Joint Chiefs, Staff, Milley, Chiefs, National Intelligence Locations: New York, Georgia, Peach State, Bedminster, Trump, Iran, Milley, New Hampshire
Ron DeSantis has said little publicly about the six-week abortion ban he signed this year or about former President Donald Trump. “Some people are at six weeks, some people are at three weeks, two weeks,” Trump told CNN’s Kaitlan Collins. “Without me there would be no 6 weeks, 10 weeks, 15 weeks, or whatever is finally agreed to. Thank you President TRUMP!! DeSantis signaled early that he intended to track to the right of Trump on at least one issue: the pandemic response.
New York CNN —CNN’s Kaitlan Collins will anchor a new show at 9 pm starting in June, CNN CEO Chris Licht announced Wednesday. Since then, the 9 pm slot was hosted by a cast of CNN anchors, special interviews and town halls. Licht said Collins will leave the CNN This Morning show, which will be led by Poppy Harlow “alongside a rotation of CNN guest anchors.” Collins’ departure from the morning show is the second in a month after Don Lemon parted ways with CNN in April. CNN's Kaitlan Collins Jeremy Freeman/CNNCollins last week interviewed former President Donald Trump during CNN’s contentious and controversial town hall event. “I’m so thankful for my friend and co-anchor Poppy and will be cheering on the CNN This Morning team every day.”Collins, 31, joined CNN in 2017 as White House reporter.
Trump and his allies have insisted that as president, Trump did not have to follow a specific process to declassify documents. The 16 records may help federal investigators overcome a significant obstacle to a potential prosecution of the former president. The special counsel was also given access to other records not challenged by the Trump team. Ultimately, the special counsel identified the 16 records in question as relevant to the grand jury investigation. “You have the Presidential Records Act.
New York CNN —President Joe Biden said over the weekend that debt ceiling negotiations were moving along and that talks between the White House and House Speaker Kevin McCarthy would resume on Tuesday. It may become more difficult to access credit, further exacerbating the challenges individuals and companies are already facing because of the banking crisis. Before the Bell: What do the ongoing debt ceiling negotiations mean to small and medium businesses? Do you think bank executives and members of the business community can put pressure on Congress and the White House to come to a deal? The White House has estimated more than 8 million jobs would get wiped out if there is a protracted default.
Every family should be concerned,” Rohit Chopra, director of the Consumer Financial Protection Bureau, told CNN in an interview on Thursday. If Congress fails to address the debt ceiling, the federal government could run out of money as soon as June 1, according to Treasury Secretary Janet Yellen. “A lot of things we assume are part of our financial fabric would get ripped away,” Chopra told CNN. The debt ceiling is very likely to be a focus next week when Yellen is scheduled to meet with leading bank CEOs in Washington at a trade association meeting. Moody’s Analytics on Wednesday increased its probability of a breach of the debt ceiling to 10%, up from 5% previously.
Former U.S. President Donald Trump took questions from CNN’s Kaitlan Collins and audience members during a televised town hall on Wednesday, with the 2024 Republican front-runner pressing for a second White House term. Trump received 74.2 million votes in the 2020 presidential election, surpassing former President Barack Obama’s record number of votes for an incumbent candidate. State governments, courts and members of Trump’s administration have repeatedly rejected claims made by the former president that the 2020 election was stolen (here). CLAIM“We were energy independent” during the Trump administration. For more details on the U.S. border wall during the Trump administration, see (here).
Notably, Trump refused to plant a flag in the sand on a potential federal abortion ban. Trump is vague on federal abortion banTrump repeatedly ducked questions about whether he would sign into law a federal abortion ban, as well as after how many weeks into a pregnancy abortion should be made illegal. He touted the Supreme Court’s decision last year to overturn Roe v. Wade’s federal abortion rights as “such a great victory” – and one made possible by his appointment of three conservative justices. But Trump also recognized splits within the GOP over whether to impose a federal abortion ban, and what the conditions of such a ban should be. “We now have a great negotiating ability, and I think we’re going to be able to get something done,” Trump said.
US regulators are working to bail out SVB customers
  + stars: | 2023-03-12 | by ( David Goldman | ) edition.cnn.com   time to read: +4 min
New York CNN —American regulators are working through the weekend on an extraordinary plan to make Silicon Valley Bank customers whole after the financial institutions’ stunning and rapid collapse late last week. Treasury, Federal Reserve and Federal Deposit Insurance Corp. officials over the past two days have worked with the Biden administration to develop facilities that would guarantee all uninsured deposits held by SVB customers. If a sale fails, customers could collect some of their uninsured deposits as the government unwinds and liquidates the bank’s assets to repay them. As of the end of last year, Silicon Valley Bank said it had $151.5 billion in uninsured deposits, $137.6 billion of which was held by American customers. Customers yanked $42 billion from Silicon Valley Bank on Thursday, leaving the bank with $1 billion in negative cash balance, the company said in a regulatory filing.
New York CNN —Silicon Valley Bank failed in rapid, stunning fashion Friday. What took place Friday was an old-fashioned bank run: Customers yanked $42 billion from Silicon Valley Bank on Thursday, leaving the bank with $1 billion in negative cash balance, the company said in a regulatory filing. As of the end of last year, Silicon Valley Bank said it had $151.5 billion in uninsured deposits, $137.6 billion of which was held by American customers. Wall Street is also concerned the tech companies that kept their cash with Silicon Valley Bank could collapse. What a bailout might look likeCalls for a bailout have grown over the weekend from Silicon Valley to Wall Street.
CNN —The strong turnout in Georgia’s runoff election that cemented Democrats’ control of the US Senate is sparking fresh debate about the impact of the state’s controversial 2021 election law and could trigger a new round of election rule changes next year in the Republican-led state legislature. “There’s no truth to voter suppression,” Raffensperger said in an interview this week with CNN’s Kaitlan Collins, a day after Democratic Sen. Raphael Warnock secured reelection in the first federal election cycle since Georgia voting law took effect. State election officials had opposed casting ballots on that date, saying Georgia law prohibited voting on a Saturday if there is a state holiday on the Thursday or Friday before. In the CNN interview earlier this week, Raffensperger suggested that the Republican-controlled General Assembly might revisit some of the state’s election rules, including potentially lowering to 45% the threshold needed to win a general election outright. “There will be a push for this in the upcoming legislative session,” said Daniel Baggerman, president of Better Ballot Georgia, a group advocating for the instant runoff.
In a rare bright spot for democracy in the wake of the US Capitol insurrection, Walker – unlike Trump after 2020 – conceded his loss. But looking to the next election, there’s a brewing fight over which states should have the first say in the presidential primary process. The most core question raised this week is being put to Supreme Court justices. Removing a check from the systemThe leap from Trump’s call to end the Constitution to the independent state legislature theory isn’t that far. Under the map approved by the state Supreme Court and after last month’s midterm elections, the delegation will be an even 7-7 when the new Congress is seated in January.
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