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☆ A Second Term for Trump Could Go 4 Different Ways - The New York Times
▼ + stars: | 2024-07-13 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

Donald Trump will arrive at the 2024 Republican convention — his Republican convention, finally and completely, without the dissent of 2016 or the pandemic that overshadowed 2020 — closer than ever to a second term. But the likelihood of a Trump restoration has not yet brought clarity about what it would actually usher in. With Trump there is always the whipsaw, the forays toward normalcy and the reversion to a darker mean. Asked on the debate stage whether he would spend a second term seeking revenge on his political enemies, he promised that “my retribution is going to be success. Instead there are Trumpist scenarios and Trumpian personae — whose interactions, if he wins, will give his second term its shape.

Persons: Donald Trump, Trump, We’re, ”, Liz Cheney Organizations: Republican, Trump, Truth, Heritage Foundation, Republican Party, Social Security

☆ Trump's new platform pledges to 'end inflation' and maintain the retirement age to receive Social Security and Medicare benefits
▼ + stars: | 2024-07-08 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

On Monday, Trump's campaign announced that the Republican National Committee adopted the former president's platform for the Republican Party. It also promised to preserve Social Security and Medicare benefits without any cuts, including no efforts to raise the retirement age to receive federal benefits. The latest Social Security and Medicare Board of Trustees report found that the program will only be able to pay out full benefits for the next 11 years , after which 83% of the benefits will be available. The platform said that "Trump has made absolutely clear that he will not cut one penny from Medicare or Social Security. American Citizens work hard their whole lives, contributing to Social Security and Medicare.

Persons: —, Donald Trump, Trump's, Trump, Joe Biden, Biden, Nobody's, Bill Clinton Organizations: Service, Republican National Committee, Republican, Business, Government, American Energy, American System of Justice, White House, Senate, Social Security, GOP, Federal, Trump, Citizens, Seniors

☆ Prominent Biden loyalists who have suggested he should step down
▼ + stars: | 2024-07-04 | by ( Alice Tecotzky | Thibault Spirlet | ) www.businessinsider.com time to read: +11 min

Read previewFor months, Democrats have rallied behind President Joe Biden, insisting that in private moments he's energetic and up for the job. "Joe Biden had one thing he had to do tonight, and he didn't do it," McCaskill said. Thomas FriedmanThomas Friedman, a journalist and close friend of Biden, said in an opinion piece that the president should step aside. Nicholas KristofNicholas Kristof, a New York Times columnist, addressed Biden directly in an opinion piece, calling on him to step down. Paul KrugmanPaul Krugman, a New York Times opinion columnist, said he "very reluctantly" joined others in calling on Biden to step aside.

Persons: —, Joe Biden, Biden's, David Axelrod David Axelrod, Obama, Joe Raedle, David Axelrod, Biden, Axelrod, Jason Mendez, Getty, Jon Favreau, haven't, Joe Biden —, Dan Pfeiffer, Tommy Vietor, Claire McCaskill Claire McCaskill, NBC Claire McCaskill, McCaskill, Kamala Harris, Gavin Newsom, Thomas Friedman Thomas Friedman, Michael Cohen, Thomas Friedman, Friedman, Donald Trump, Harris, Van Jones, Scott Dudelson Van Jones, Jones, Joy Reid, Ben Rhodes Ben Rhodes, Ben Rhodes, Nicholas Kristof Nicholas Kristof, Jamie McCarthy, Getty Nicholas Kristof, Kristof, Gretchen Whitmer, Sen, Sherrod Brown, Gina Raimondo, Evan Osnos, Thos Robinson, Osnos, Joe Scarborough, Noam Galai, Scarborough, Paul Krugman Paul Krugman, Paul Krugman, he's, Krugman, Chandler West, Joe Organizations: Service, Democratic National Convention, Business, GOP, Biden, CNN, Democratic, NBC, MSNBC, Gov, New York Times, Convention, CBS, Getty, Trump, Global Citizen, The New York Times, Chandler West Chandler West, White House, Axios, White Locations: America, California, Michigan, United States, Axios

CNN —Donald Trump will not be sentenced on his business fraud conviction until September, a New York judge ruled Tuesday in the wake of Monday’s Supreme Court decision on presidential immunity. The ruling could impact the indictments of Trump in the classified documents and Georgia election interference cases as well. Trump’s legal team filed a letter Monday seeking to challenge the former president’s conviction after the Supreme Court ruled that presidents have an absolute immunity from prosecution for core official acts. Will Scharf, an attorney who represents Trump in the immunity case, told CNN Monday night the high court’s ruling “absolutely” impacts the hush money case. Video Ad Feedback Biden reacts to Supreme Court's immunity ruling 04:35 - Source: CNN“Under Trump, this official-acts evidence should never have been put before the jury.

Persons: Donald Trump, Joe Biden’s, Trump, Juan Merchan, Jack Smith’s, –, defendant’s, Attorney Alvin Bragg, Trump’s, Will Scharf, “, ”, Hope Hicks, Biden, Trump ‘, ’ ”, ’ Organizations: CNN, Monday’s, Trump, Manhattan, Attorney’s, Attorney, ” Locations: New York, Georgia, Manhattan, Trump

☆ Donald Trump just had the best 24 hours of his reelection campaign. But it might come back to bite him.
▼ + stars: | 2024-06-29 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Related stories"Something terrible happens to one of these candidates once every two weeks — usually Trump," Grose said. Justin Sullivan/Getty ImagesSCOTUS surprisesLess than 24 hours after the debate, the Supreme Court handed down two major decisions, which, at first glance, appeared to be more good news for Trump. On Friday, legal experts told Business Insider that the decision was good news for Trump's legal prospects. It could remind voters unhappy with the Supreme Court's conservative drift that another Trump term could mean more Trump SCOTUS appointees. Undecided voters with strong opinions on abortion and January 6 could be turned off by Trump's Supreme Court appointees and their increasingly conservative rulings, he suggested.

Persons: —, Donald Trump, Joe Biden, Trump, Biden, Christian Grose, Grose, it's, David Triana, Justin Sullivan, SCOTUS, Jack Smith's, Triana Organizations: Service, Republican, Supreme Court, Trump, Business, Biden, University of Southern, Conservatives, Department of Justice, Trump's, Court Locations: University of Southern California, Trump

☆ Trump will debate Biden while still bound by gag orders. Here's what he can't say
▼ + stars: | 2024-06-27 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

President Joe Biden and former President Donald Trump 2024. Kevin Lamarque | Jay Paul | ReutersWhen he faces President Joe Biden in Thursday's debate, former President Donald Trump will have to watch his tongue. Trump is still bound by multiple court-imposed gag orders that limit what he can say about his sprawling portfolio of legal troubles. The hush money gag orderTrump has grappled with the gag order applied by Manhattan Supreme Court Judge Juan Merchan during the ex-president's historic criminal hush money trial. But Merchan on Tuesday partially lifted the order, allowing Trump to speak about trial witnesses and the jurors.

Persons: Joe Biden, Donald Trump, Kevin Lamarque, Jay Paul, Trump, Biden, Juan Merchan, Stormy Daniels, Attorney Alvin Bragg, Merchan, Daniels, Michael Cohen, Donald Organizations: Reuters, Trump, NBC News, Republican, Democratic, Manhattan, Attorney, NBC Locations: New York, Manhattan

☆ Trump and Biden's first presidential debate: Here's what to expect on taxes
▼ + stars: | 2024-06-27 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

President Joe Biden and former President Donald Trump will face off Thursday in the first presidential debate of the 2024 general election — and the presumptive nominees could show voters where they stand on tax policy, experts say. One key issue is the Republicans' expiring tax breaks enacted via the Tax Cuts and Jobs Act of 2017, or TCJA. Without action from Congress, several provisions will sunset after 2025, including lower federal income tax brackets, a boosted child tax credit and higher estate and gift tax exemptions, among others. More than 60% of tax filers could face increased taxes in 2026 if TCJA provisions expire, according to the Tax Foundation. Fully extending TCJA provisions could add an estimated $4.6 trillion to the deficit over the next decade, the Congressional Budget Office reported in May.

Persons: Joe Biden, Donald Trump, —, Andrew Lautz, Trump, expirations Organizations: Tax Foundation, Biden, Finance, IRS, Congressional

☆ For Atlanta entrepreneurs, how to vote comes down to more than 'How's business?'
▼ + stars: | 2024-06-27 | by ( J.J. Mccorvey | ) www.cnbc.com time to read: +8 min

He applauds the Biden administration's efforts to extend federal student loan relief and access to capital to entrepreneurs, for example. Today, Trump leads Biden in Georgia by 43% to 38%, according to a new Atlanta Journal-Constitution survey of likely voters, an edge just outside its 3.1% margin of error. Social issues are business issues," said Molly Dickinson, founder of Banner Day, a branding agency that works closely with "traditionally underserved" entrepreneurs. "Small-business owners make business decisions based on how comfortable they feel in their home lives and in their everyday lives." "Business has been OK," Chey said, but food and labor costs have taken a toll.

Persons: Ryan Wilson, Joe Biden, Donald Trump, Wilson, applauds, Biden, Trump, Deonte Atkins, Atkins, I'm, he's, they've, Black, hadn't, Bill Clinton, Rafael Warnock, Jon Ossoff, Molly Dickinson, Dickinson, Rich Chey, Chey's, Chey, We're Organizations: CNN, Turner Entertainment Networks, Atlanta, Area Development, White, Za'Acai, Republican, Democratic, Biden's, Sens, Trump, GOP, Banner Locations: Atlanta , Georgia, Atlanta, Houston, Georgia, Midtown Atlanta, Ukraine, Israel, New York, Atlanta's Fulton

☆ The first US presidential debate will have some noticeable differences
▼ + stars: | 2024-06-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the first — and somewhat unconventional — US presidential debate happening tonight . Evan Vucci/AP images, Manuel Balce Ceneta/AP images, Tyler Le/BIIt didn't come easy, and it won't feel quite the same, but we're getting our first US presidential debate tonight. AdvertisementBut don't be surprised by some noticeable differences from what you've come to expect when two presidential candidates face off. And this marks the first presidential debate the platform navigates under the Elon Musk regime. In other newsAdvertisementWhat's happening todayRFK Jr., who did not qualify for the CNN presidential debate, will answer debate questions via livestream during his campaign's counter-programming.

Persons: —, Evan Vucci, Manuel Balce Ceneta, Tyler Le, Joe Biden, Donald Trump, it's, Insider's Brent D, Griffiths, Biden, Brent, Chris Szagola, Julien de Rosa, Alice Tecotzky, Cros, Sunny Verghese, Goldman Sachs, Goldman, Adam Posen, Posen, Bord, Jenny Chang, Rodriguez, Mustafa Suleyman, Alberto Miranda, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Trump, Biden, CNN, Fox News, MSNBC, Elon, Getty, Peterson, BI, NFL, RFK Jr Locations: Tesla . Texas, New York, London

☆ Opinion | How Can Biden Win the Debate? Trump? Five Tips for Each Candidate.
▼ + stars: | 2024-06-26 | by ( New York Times Opinion | ) www.nytimes.com time to read: +1 min

Joe Biden and Donald Trump will face off Thursday night for the first general-election debate of the 2024 presidential election cycle. Mr. Trump and his MAGA allies have tried to portray the president as a doddering geriatric who can’t complete a sentence. Simply appearing engaged, alert and coherent will be a victory for Mr. Biden. Mr. Biden would also do well to remember this fact: Incumbent presidents almost always lose the first debate. Mr. Biden must recast the race from a referendum on his presidency to a stark choice between himself and Mr. Trump.

Persons: Joe Biden, Donald Trump, Chris Whipple Chris Whipple, Joe Biden’s, Trump, MAGA, Mr, Biden, Ronald Reagan, Barack Obama, “, Obama, we’re, ’ ”, Jim Messina, Obama’s, Herbert Hoover, ” Organizations: White House Chiefs, Staff

☆ CNBC Daily Open: Nvidia rallies after sell-off, lifts S&P 500 and Nasdaq
▼ + stars: | 2024-06-26 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia sparks rallyThe S&P 500 and the Nasdaq Composite snapped a three-day slide as Nvidia rebounded from a sell-off. Trump inflation warningSixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including 'reignite' inflation. "There is rightly a worry that Donald Trump will reignite this inflation, with his fiscally irresponsible budgets," they said.

Persons: Goldman Sachs, Rivian, Donald Trump, Joe, Donald Trump's, Michelle Bowman Organizations: New York Stock Exchange, CNBC, Nvidia, Nasdaq, Dow Jones, Boeing, Home, Treasury, Volkswagen, VW, Ford, Detroit automaker, Trump, Federal, European, Microsoft, Salesforce, Dow Locations: New York City, EU

☆ Top corporate CFOs are losing some confidence in economy, as consumer demand fears spike
▼ + stars: | 2024-06-26 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

Fears among top corporate CFOs about shaky consumer demand have hit a six-quarter higher, according to the latest CNBC CFO Council survey, with the Q2 survey the first time since the beginning of 2023 that over half of CFOs cited consumer demand as the biggest external risk to their business. Consumer demand fears among CFOs have been rising in recent quarters, and match evidence from the market across sectors, with fast-food chains rushing out value menus and car dealers having more difficulty moving inventory. The 54% of CFOs who cited consumer demand as the biggest risk is up from 18% a year ago, and 37% last quarter. Last quarter, almost half of CFOs forecast a 10-year yield that would dip below 4% by the end of the year. But now, CFOs have pushed out their inflation view even further.

Persons: Walmart's, isn't, CFOs, Jerome Powell, it's, Donald Trump Organizations: CNBC, Food, Federal Reserve, Fed, Dow Jones, Biden

☆ The debate night contrast Biden hopes will win the 2024 election
▼ + stars: | 2024-06-26 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —The Almighty won’t be standing on stage alongside Joe Biden on Thursday night. Biden’s campaign laid the groundwork for the Atlanta showdown hosted by CNN in a weekend memo. If Trump rants and vents his 2020 election lies on Thursday, he will play into Biden’s hands. That could avoid the mayhem of the first Trump v. Biden debate in 2020. His campaign has spent days trying to roll back his expectations of Biden as a doddering, elderly president who can’t string two words together.

Persons: Joe Biden, Donald Trump, “, ‘ Joey, don’t, Trump, ”, zealots, Biden, Michael Tyler, Mitch Landrieu, Kayla Tausche, it’s, George W, Democrat John Kerry’s, Barack Obama’s, Mitt Romney, Cronkite, TikTok, he’s, — they’ve, Karl Rove, Trump can’t, shouldn’t, Kristi Noem, Trumpian, Jason Miller, ” Miller, Massachusetts Sen, Elizabeth Warren, ” Warren, they’ll, he’ll Organizations: CNN, Atlanta, ” Biden, Trump, Democrat, GOP, White, Capitol, Voters, Biden, . South Dakota Gov, NBC, Union, Massachusetts Locations: Democrat John Kerry’s Vietnam, Washington, New York, ., Atlanta, State, Wisconsin

☆ Sixteen Nobel Prize-winning economists warn a second Trump term would 'reignite' inflation
▼ + stars: | 2024-06-25 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including reheated inflation. "While each of us has different views on the particulars of various economic policies, we all agree that Joe Biden's economic agenda is vastly superior to Donald Trump's," the economists wrote. "There is rightly a worry that Donald Trump will reignite this inflation, with his fiscally irresponsible budgets," wrote the group of politically progressive academics. Joseph Stiglitz, who won the Nobel Prize in 2001, led the effort to publish Tuesday's letter. "Nonpartisan researchers, including at Evercore, Allianz, Oxford Economics, and the Peterson Institute, predict that if Donald Trump successfully enacts his agenda, it will increase inflation," the economists wrote.

Persons: Donald Trump, Joe, Donald Trump's, Axios, Trump, Joseph Stiglitz, George Akerlof, Sir Angus Deaton, Claudia Goldin, Sir Oliver Hart, Eric Maskin, Daniel McFadden, Paul Milgrom, Roger Myerson, Edmund Phelps, Paul Romer, Alvin Roth, William Sharpe, Robert Shiller, Christopher Sims, Robert Wilson Organizations: Federal Reserve Board, Wall Street, Evercore, Allianz, Oxford Economics, Peterson Institute Locations: China

We've put together everything you need to know about how to watch CNN, including how to live stream the channel online ahead of the first presidential debate this week. How to watch CNN in the USCNN is available to live stream through several live TV services in the US, including Max, Sling TV, or DirectTV Stream. Sling TV Subscription For just the essentials without any extra fluff, Sling TV is the streaming service you're looking for. Check price at DirecTVHow to watch CNN in the UKCNN streams in the UK through its CNN live website. The presidential debate will also be available to live stream on CNN.com for US viewers, but for anything else, you usually need a TV provider login to access live CNN coverage through the network's website.

Persons: We've, Jake Tapper, Anderson Cooper, Van Jones, Dana Bash, Wolf Blitzer, Max, CNN Max, VPNs, ExpressVPN, Joe Biden, Donald Trump Organizations: Business, CNN, Max, TV, ESPN, Bravo, FX, Sling, DirecTV, DirecTV Stream, Sky

Special Counsel Jack Smith delivers remarks on a recently unsealed indictment including four felony counts against former President Donald Trump on August 1, 2023 in Washington, DC. Drew Angerer/Getty ImagesAttorneys for Donald Trump will continue their legal efforts to throw off special counsel Jack Smith and the classified documents case against the former president in Florida on Monday. Trump’s attorneys will battle prosecutors in court on the second part of Trump’s argument that Smith’s appointment was illegitimate, focusing on how he’s being funded. On Friday, prosecutors, defense attorneys and third parties fought over whether Smith was legitimately appointed as special counsel, an argument district Judge Aileen Cannon seemed skeptical of during the hearing. “President Biden’s DOJ is paying for this politically motivated prosecution of Biden’s chief political rival ‘off the books,’ without accountability or authorization,” Trump’s attorneys argued in their filing earlier this year.

Persons: Jack Smith, Donald Trump, Drew Angerer, Trump’s, Smith, Aileen Cannon, ‘, ”, “, it’s, ’ Organizations: Getty, Prosecutors Locations: Washington ,, Florida, United States

☆ A return to the roots of presidential debates
▼ + stars: | 2024-06-24 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +10 min

CNN —CNN’s presidential debate will feel like something new for most Americans, but it is actually a return to the roots of presidential debates. J. David Ake/AFP/Getty Images Monica Moorehead, a presidential candidate from the Workers World Party, disrupts a presidential debate in Washington, DC, in 1996. Gerald Herbert/AP Barack Obama, right, and John McCain shake hands at the start of a presidential debate in 2008. Joseph Kaczmarek/AP Obama hugs his wife, Michelle, as Romney kisses his wife, Ann, after their third presidential debate in 2012. Ultimately, the commission was formed to create a nonpartisan framework for presidential debates – something that has been exported to other countries.

Persons: CNN —, Joe Biden, Donald Trump, Jake Tapper, Dana Bash, Sen, John F, Kennedy, Richard Nixon, Nixon, Howard K, Smith, Jimmy Carter, Gerald Ford, Carter, Jerry Mosey, Betty, David Hume Kennerly, John B, Ronald Reagan, Anderson, AP Carter, Reagan, Walter Mondale, George H.W, Bush, Michael Dukakis, Dennis Cook, Ross Perot, Bill Clinton, Clinton, Ron Edmonds, AP Clinton, Bob Dole, J, David Ake, Monica Moorehead, Joe Marquette, Mark Penn, Lorenzo Alvarez, Angelica, George W, Al Gore, Joe Raedle, Jim Lehrer, Gore, John Kerry, Gerald Herbert, Barack Obama, John McCain, Charles Dharapak, Obama, Mary Jackson's, Mitt Romney, Joseph Kaczmarek, Michelle, Romney, Ann, David Goldman, Hillary Clinton, Patrick Semansky, Salwan Georges, Biden, Chip Somodevilla, Alan Schroeder, ” Kennedy, Schroeder, “, Ford, John Anderson, sidestep, Trump, ” Schroeder, Abraham Lincoln, Stephen Douglas, Douglas, Read, haven’t, “ They’re, ” Organizations: CNN, Commission, CNN’s Atlanta, CBS, Getty, State University of New, Ford, Anderson, Cleveland Convention Center, AP, Music, Bettmann, Bushnell, Theater, Workers World Party, AP Workers, Hofstra University, AP Trump, Washington Post, Trump, Northeastern University, House, Republican, Republican National Convention, Biden, Lincoln, White, Illinois Senate, ABC News Locations: Los Angeles, New York, State University of New York, Albany, Cleveland, Hartford , Connecticut, Washington , DC, San Diego, El Paso , Texas, Hempstead , New York, Detroit, Soviet Union, Eastern Europe, Lincoln, Illinois

☆ Warnings signs for Biden’s Jewish support as war in Gaza drags on and antisemitism rises
▼ + stars: | 2024-06-23 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

Still, conversations about a possible drift toward Donald Trump, though, are evident in the several Jewish elected Democratic leaders who grimaced and ducked when asked by CNN to discuss their sense of Jewish support for Biden. Talking with Jewish voters in Michigan, “I’ve had a couple of people say point blank, ‘How could any Jew vote for a Democrat?’” said Troy Zukowski, the West Michigan chair of the Michigan Jewish Democrats. The president does have some key Jewish voices of support in important places. Trump’s support among Jewish voters in 2020, at 30% according to Associated Press exit polls, was the highest for a Republican presidential candidate in decades. The expected central theme of that effort, according to one of the people involved, will be: As a Jewish American, do you feel safer than you did four years ago?

Persons: Joe Biden’s, –, Biden, Joe ”, Kamala Harris, Doug Emhoff, Donald Trump, grimaced, megadonor Haim Saban, “ I’ve, ’ ”, Troy Zukowski, “ I’m, I’m, Alejandro Mayorkas, Neera Tanden, Jon, John Kirby, Kirby, Joe Biden, ”, Josh Shapiro, “, Shapiro, Pharaoh, Hitler, Kim Jong, Benjamin Netanyahu’s, Emhoff, Ben Stiller, chitchatting, Alex Edelman’s, Israel, sickening ”, Trump, Morgan Ortagus, Haile Sofer, Jake Sullivan, Netanyahu, Lee Zeldin, ” Zeldin, Rashida, Harris, Biden “, ” Emhoff, who’s, antisemites, Andrew Weinstein, it’s, “ He’s, I’ve, Joe Organizations: Washington CNN, CNN, Jewish, Democratic, White, Biden, Democrat, Michigan Jewish Democrats, Trump, Homeland, National Security, Justice, NSC, Pennsylvania, American, Israel, Nova Music, Wing, House, Jewish voters Trump, State Department, Jewish Democratic Council of America, Associated Press, Republican, United Arab Emirates, Capitol, GOP, Democratic Party, Biden ’, Republican Jewish Coalition, Naval Observatory Locations: Israel, Pennsylvania , Michigan, Georgia, Wisconsin, Arizona, Michigan, West Michigan, Palestine, president’s State, Jerusalem, Gaza, Lower, Manhattan, Brooklyn, America, Charlottesville , Virginia, Germany, Washington, Bahrain, New York, Detroit, American, Charlottesville, ”, Florida

☆ At some point we'll have to address the exploding entitlement spending, says PwC's Rohit Kumar
▼ + stars: | 2024-06-20 | 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 EmailAt some point we'll have to address the exploding entitlement spending, says PwC's Rohit KumarKitty Richards, former Treasury official, and Rohit Kumar, former policy director for Sen. Mitch McConnell, joins 'Squawk Box' to discuss the CBO's $1.9 trillion federal budget deficit estimate for 2024, how tax proposals by President Biden and former President Donald Trump will impact the deficit, and more.

Persons: PwC's Rohit Kumar Kitty Richards, Rohit Kumar, Sen, Mitch McConnell, Biden, Donald Trump Organizations: Treasury

☆ Trump gets the final word at CNN debate after coin flip
▼ + stars: | 2024-06-20 | by ( Eric Bradner | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump will get the final word when he debates President Joe Biden on CNN next week, after a coin flip to determine podium placement and the order of closing statements. Trump’s campaign then chose for the former president to deliver the last closing statement, which means Biden will go first at the conclusion of the debate. Biden and Trump are set to make history on June 27 in the first presidential debate between an incumbent and a former president. For Trump, delivering the final closing statement in CNN’s debate is a notable difference from his New York criminal trial and conviction last month. The debate qualification window closed just after midnight Thursday, with only Biden and Trump meeting the constitutional, polling and ballot qualification requirements CNN laid out in May.

Persons: Donald Trump, Joe Biden, Biden, Biden’s, Trump, CNN’s Jake Tapper, Dana Bash, wouldn’t, WITCH HUNT, ” Organizations: CNN, Democratic, Republican, Trump, Biden Locations: Atlanta, York

☆ Trump heads to key swing state of Wisconsin days after alleged Milwaukee diss
▼ + stars: | 2024-06-18 | by ( Steve Contorno | ) edition.cnn.com time to read: +4 min

Racine, Wisconsin CNN —Days after reportedly calling Milwaukee “horrible” behind closed doors, former President Donald Trump will rally with his supporters just south of the city in one of the country’s top battleground states. The Trump campaign pushed back on some of the public characterization of the alleged remark, saying he was referring to crime and “voter fraud.” As his alleged comment reverberated around the Badger State, Trump clarified to a Fox News reporter, “I love Milwaukee. Milwaukee – in addition to the state capital of Madison – is a center of Democratic power in Wisconsin and home to more voters than any other city in the state. One in five of the votes for Joe Biden en route to his narrow Wisconsin victory in 2020 were cast in Milwaukee. “In a state that’s decided on a razor’s edge, that may ultimately cost Donald Trump the election,” Johnson said.

Persons: Donald Trump, Trump, “, Milwaukee, Madison –, Joe Biden, Cavalier Johnson, CNN’s Laura Coates, Trump’s, ” Johnson, Biden, ” Biden, ” Trump, Hillary Clinton, White, “ Foxconn, ” Organizations: Wisconsin CNN, Milwaukee, Republicans, Capitol, Badger State, Fox News, Milwaukee –, Democratic, Biden, Democratic National Committee, Milwaukee Bucks, NBA, White, Republican, Wisconsin ”, New York Times, Siena, FBI, Trump Locations: Racine, Wisconsin, Milwaukee, Madison, Taiwan

Former President Donald Trump will address some of the world's most powerful corporate leaders on Thursday, albeit with some notable absences. So here's what we know: Out of the 17 corporate spokespeople who replied to CNBC, four said their CEOs planned to attend: JPMorgan Chase CEO Jamie Dimon, Citigroup CEO Jane Fraser, Bank of America CEO Brian Moynihan and Edison International CEO Pedro Pizarro. BlackRock CEO Larry Fink and Microsoft CEO Satya Nadella, for instance, will reportedly be at the G7 summit in Italy. Representatives for Woods and Bastian did not reply to questions about why their chief executives won't be attending the meeting. Fox Corp. CEO Lachlan Murdoch, Best Buy CEO Corie Barry and Boeing CEO Dave Calhoun will also not be there, spokespeople told CNBC Thursday.

Persons: Donald Trump, Bank of America Brian Moynihan, Joe Biden's, Jeff Zients, —, Jamie Dimon, Jane Fraser ,, Brian Moynihan, Pedro Pizarro, Trump, Steve Schwarzman, Goldman Sachs, David Solomon, Sara Armbruster, Darren Woods, Ed Bastian, Morgan Stanley, Ted Pick, James Gorman, Lynn Good, Solomon, Larry Fink, Satya Nadella, Woods, Bastian, Fink, Nadella, Lachlan Murdoch, Corie Barry, Dave Calhoun, spokespeople Organizations: Bank of America, White, Business, CNBC, JPMorgan Chase, Citigroup, Jane Fraser , Bank of America, Edison International, Trump, Blackstone Group, ExxonMobil, Delta Air, Duke Energy, BlackRock, Microsoft, Fox Corp Locations: Washington , DC, Trump, Italy, Washington

CNN —Former special prosecutor Nathan Wade says he believes Donald Trump will “absolutely” be put on trial in Georgia in the 2020 election subversion case – even if he wins a second term and he’s in the White House at the time. The question of whether a sitting US president can be forced to stand trial for state-level criminal charges has never been litigated. Wade said in the interview Wednesday that he expects prosecutors and defense attorneys will have to confront that unprecedented scenario if Trump wins the 2024 election. Nathan Wade was asked if he thinks Trump can still be on trial as president. Trial court Judge Scott McAfee had previously ruled that Willis could remain on the case if Wade stepped away, prompting his resignation.

Persons: Nathan Wade, Donald Trump, Wade, Fani Willis, CNN’s, Trump, “, ”, ” Wade, Willis, Nathan Wade’s, Kaitlan Collins Willis, Scott McAfee’s, Fani, improvidently, Steve Sadow, Scott McAfee, McAfee Organizations: CNN, Trump, Peach State, Georgia, Appeals, Wednesday, Atlanta Judicial Circuit Locations: Georgia, Fulton County, Peach, State of Georgia, Atlanta

☆ Trump to sit for probation interview as legal team prepares to fight hush money verdict
▼ + stars: | 2024-06-10 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Former U.S. President Donald Trump departs the courtroom after being found guilty on all 34 counts in his hush money trial at Manhattan Criminal Court on May 30, 2024 in New York City. Donald Trump will participate in an interview Monday with a New York probation officer who will submit a report that could inform the sentence Trump receives for his criminal hush money conviction. The pre-sentence interview comes about a month before Trump is scheduled to become the first former U.S. president, and the first major-party presidential candidate, ever to be sentenced for a crime. Trump's attorney Todd Blanche will be present with his client for the interview, which they will attend virtually from Trump's Florida home Mar-a-Lago, according to NBC News, which first reported the timing of the post-conviction proceeding. A Trump campaign spokesman confirmed to CNBC that Monday's interview will be held virtually, and not in person.

Persons: Donald Trump, Trump, Todd Blanche, Judge Juan Merchan Organizations: U.S, Manhattan Criminal, Trump, Mar, NBC News, CNBC Locations: New York City, York, U.S, Trump's Florida

☆ Sen. John Thune: Joe Biden is the president of open borders and high prices
▼ + stars: | 2024-06-10 | 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 EmailSen. John Thune: Joe Biden is the president of open borders and high pricesSenator John Thune (R-S.D.) joins 'Squawk Box' to discuss the state of the 2024 race, why he believes former President Donald Trump will win, crisis along the southern border, and more.

Persons: Email Sen, John Thune, Joe Biden, Donald Trump Organizations: Email

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