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Mike Lindell is royally screwed
  + stars: | 2023-10-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +5 min
Lindell told Politico that he hasn't been able to pay his lawyers at all for the past two months. "I don't know where I go from here," Lindell told Politico. AdvertisementAdvertisementThe embattled MyPillow CEO Mike Lindell has had a no-good, very bad week, and things just got a lot worse for him. Lindell told Bannon that the audits concerned commissions that some employees earned while working remotely during the COVID-19 pandemic. "People are going to be afraid to be lawyers," Lindell said.
Persons: Mike Lindell's, Lindell, hasn't, , Mike Lindell, Parker Daniels, Lewin, they're, Andrew Parker, Parker Daniels Kibort, Parker, haven't, there's, Donald Trump's, Steve Bannon's, Bannon, MyPillow, I've Organizations: Politico, Service, Voting Systems, Smarmatic, Lewin, Lewin LLP, Lindell, American Express, MyPillow, Walmart, Costco, Bed, QVC, JCPenney Locations: Minnesota, Washington
Republican Rep. Lauren Boebert made it clear Ukraine aid will hang over the House speaker race. "For the first time, we saw that Ukraine funding alone does not have a majority of the majority's support," Boebert told Steve Bannon on Friday on his "War Room" show. Boebert was pointing to a vote last week where $300 million to fund Ukraine passed thanks to House Democrats' massive support. The two current leading candidates for House speaker appear to be split on the subject. "We are not going to allow them to leverage our Southern border in Appropriations bills with more funding for Ukraine," Boebert said.
Persons: Lauren Boebert, it's, , Boebert, Steve Bannon, Mitch McConnell, Steve Scalise, Jim Jordan, Jordan Organizations: Service, Ukraine, Republicans, Democrats, Pentagon, Senate Republicans, House, Kiel Institute Locations: Ukraine, Colorado, United States, German, Southern
CNN —Attorneys representing conspiracy theorist Mike Lindell and his company MyPillow in a defamation lawsuit brought by Dominion Voting Systems asked to withdraw from the case on Thursday after Lindell allegedly racked up millions in unpaid legal fees. In a court filing, Minnesota-based Parker Daniels Kibort said both Lindell and MyPillow have not paid the firm for its work on the case and won’t be able to pay future fees and costs. But Lindell was adamant that he would not settle with Dominion or Smartmatic, another election technology company suing him for defamation. The court must grant the attorneys’ motion to withdraw before they can formally drop Lindell and MyPillow as clients. Attorneys for Dominion did not have a position regarding the motion when it was filed, the court filing shows.
Persons: Mike Lindell, Lindell, Parker Daniels Kibort, MyPillow, won’t, , , , Joe Biden, Donald Trump, Steve Bannon’s Organizations: CNN, Dominion Voting Systems, Dominion, Lindell, Fox Locations: Minnesota
Mike Lindell said MyPillow is facing multiple IRS audits. Lindell claimed on the "War Room" podcast that the audits concerned call center staff. AdvertisementAdvertisementMyPillow CEO Mike Lindell says his pillow company is now facing five audits from the IRS. "This is something that hasn't happened in 15 years, and all of a sudden there's 5 IRS audits against MyPillow in three different years," Lindell told Bannon. Last month, Lindell claimed that MyPillow was financially crippled after American Express slashed its credit line.
Persons: Mike Lindell, MyPillow, Lindell, , Steve Bannon, Steve, Bannon, they're, Donald Trump's Organizations: Service, IRS, MyPillow, Trump, American Express, Lindell, Voting Systems Locations: California, MyPillow, Smartmatic
Rudy Giuliani's ex-lawyer has filed a lawsuit seeking nearly $1.4 million in unpaid bills. Costello and Giuliani's advisor Ted Goodman didn't immediately respond to requests for comment on Monday evening. One of Trump's PAC has also paid $340,000 to a legal records firm that Giuliani owed money to, records show. In July, a panel of the DC Bar recommended that Giuliani's law license be revoked. Giuliani isn't the only Trump ally to fail to pay legal fees to Costello.
Persons: Rudy Giuliani's, Giuliani, Donald Trump, Rudy Giuliani, Davidoff Hutcher, Citron, Robert Costello, Costello, Jack Smith's, Fani Willis, . Costello, Ted Goodman didn't, Eduardo Munoz Rudy Giuliani's, Trump, it's, Steve Bannon Organizations: Service, US, Office, of, New York City, New York Law, REUTERS, CNN, Trump's PAC, DC Locations: Wall, Silicon, Manhattan, Georgia, Southern, of New York, Bedminster , New Jersey, New York, Mexico
Republican U.S. presidential candidate and Florida Governor Ron DeSantis speaks during his "Never Back Down" tour ahead of his appearance at the Iowa State Fair, in Atlantic, Iowa, August 11, 2023. DeSantis will be hosted at a fundraising breakfast on Thursday in New York by at least seven wealthy executives, according to one invite. Burck has previously represented former Trump advisors while they faced legal hurdles, including Steve Bannon and former Secretary of State Mike Pompeo. DeSantis' fundraising trip to New York comes as he's lagging the former president in polls. Trump is favored in the Republican primary with 62% support, followed by DeSantis at 12%, according to a new Quinnipiac poll.
Persons: Ron DeSantis, Donald Trump, DeSantis, William Burck, David Blumberg, Steve Hornstein, Mark Gerson, Gerson, Burck, Steve Bannon, Mike Pompeo, Trump, Emil Henry Organizations: Republican U.S, Florida, Fair, Florida Gov, Wall, Republican, Blumberg Capital, Global Credit Advisers, Gerson Lehrman, Trump, Tiger Infrastructure Partners Locations: Iowa, Atlantic , Iowa, New York, Quinnipiac
Prominent Donald Trump supporter and MyPillow CEO Mike Lindell repeatedly lost his temper, left the room and swore at opposing counsel during a series of depositions earlier this year, according to newly released videos and transcripts. I'll do whatever I have to do," Lindell said at the start of a March 8 deposition, addressing Coomer's attorney. You're an ambulance chasing lawyer, so don't start with me. Don't start scolding me." "Have you ever been in a deposition where they can't stand who you are?," Lindell snapped at Coomer's lawyers on March 8.
Persons: Mike Lindell, Steve Bannon, Donald Trump, Dr, Eric Coomer, Lindell, defaming, Coomer Organizations: Conservative Political, Gaylord National Convention Center, Voting Systems, CNBC, Lindell, Dominion Locations: National Harbor, M.D, United States, Minnesota, Denver
Lindell insulted him, his lawyers, the judge, and took a break to go on Steve Bannon's podcast. When he stood up to take a call in the middle of questioning, Coomer's lawyers called it a day. In an interview with Insider on Friday, Lindell called Coomer's lawyers "creepy" and "evil." He said he had to take a personal "emergency call" before the deposition ended, and that Coomer's lawyers were aware it was coming. During the depositions, Lindell fiercely guarded his pillow company's brand and bristled at any suggestion that one of its latest products, the MyPillow 2.0, could be subpar.
Persons: Eric Coomer, Mike Lindell, Lindell, Steve Bannon's, Coomer, I'm, Bannon, Coomer's, , Nina Wang, Wang Organizations: Dominion, Service, Dominion Voting Systems, Lindell, America Locations: Wall, Silicon, Texas, Wisconsin
CNN —The swift conviction of Donald Trump’s former trade adviser Peter Navarro for contempt of Congress sent two warnings to the multiple co-defendants in the ex-president’s approaching criminal trials. The second is that loyalty to Trump can be hazardous and often gets those who show it cross-wise with the law. Navarro, for example, who is is unrepentant and a true Trump believer, pledged to appeal based on executive privilege issues. (A CNN poll released Thursday found no clear leader in a hypothetical matchup between Biden and Trump.) Up until now, Trump associates often paid a heavy price for falling afoul of the law while their leader escaped.
Persons: Donald Trump’s, Peter Navarro, Trump, Navarro, He’s, , , Steve Bannon, Trump’s, Fani Willis, Willis, Yuscil Taveras, Taveras, Tavares, Jack Smith, Karen Friedman Agnifilo, , you’ve, , Walt Nauta, Carlos de Oliveira, Mark Meadows, Meadows, he’ll, Rudolph Giuliani, Giuliani –, Giuliani, CNN’s Kaitlan Collins, Paula Reid, Bannon, Allen Weisselberg, Michael Cohen, It’s, Paul Manafort, Robert Mueller’s, Michael Flynn Organizations: CNN, White House, Republican House, Trump, GOP, Central ”, White, New York, Giuliani, Trump Organization, Biden Locations: Washington ,, Georgia, Florida, Fulton County, Lago, North Carolina, Meadows, Bedminster , New Jersey, Congress, Russia, Washington
[1/3] Peter Navarro, a White House economic adviser under former U.S. President Donald Trump, speaks to reporters outside the E. Barrett Prettyman Federal Courthouse in Washington, U.S., September 5, 2023. "The defendant choose allegiance to former President Trump over compliance with the subpoena," federal prosecutor Elizabeth Aloi told the jurors during closing arguments on Thursday. Navarro is a hawk on China policy who advised Trump on trade issues during his presidency and also served on the COVID-19 task force. Navarro became the second close associate of Trump to be convicted for spurning the committee after Steve Bannon was found guilty last year of contempt of Congress for similarly defying a subpoena and was sentenced to four months in prison. Trump supporters stormed the Capitol on the day that Congress met to certify Biden's victory, attacking police and sending lawmakers and others fleeing for safety.
Persons: Peter Navarro, Donald Trump, Barrett, Julia Nikhinson, Donald Trump's, Navarro, Trump, Elizabeth Aloi, Steve Bannon, Bannon, Judge Amit Mehta, Stanley Woodward, Jack Smith, Joe Biden's, Andrew Goudsward, Scott Malone, Will Dunham Organizations: REUTERS, Rights, Former U.S, Democratic, Trump, Republican, Justice Department, Congress, Capitol, Thomson Locations: Washington , U.S, Former, China, Washington
"The defendant choose allegiance to former President Trump over compliance with the subpoena," federal prosecutor Elizabeth Aloi told the jurors during closing arguments on Thursday. Navarro became the second close associate of Trump to be convicted for spurning the committee after Steve Bannon was found guilty last year of contempt of Congress for similarly defying a subpoena and was sentenced to four months in prison. The panel sought to interview Navarro about a plan devised by him and other Trump allies, dubbed the "Green Bay Sweep," to delay Congress from certifying Democratic President Joe Biden's 2020 election victory. Navarro had said publicly that he was protecting the presidency by not sharing information with Congress. Trump supporters stormed the Capitol on the day that Congress met to certify Biden's victory, attacking police and sending lawmakers and others fleeing for safety.
Persons: Andrew Goudsward, Sarah N, Lynch WASHINGTON, Donald Trump's, Peter Navarro, Navarro, Trump, Elizabeth Aloi, Steve Bannon, Bannon, Judge Amit Mehta, Stanley Woodward, Jack Smith, Joe Biden's, Scott Malone, Will Dunham Organizations: Former U.S, Democratic, Trump, Republican, Justice Department, Congress, Capitol Locations: Former, China, Washington
CNN —A federal jury in Washington, DC, has begun deliberating the criminal contempt of Congress charges against former Trump White House trade adviser Peter Navarro. He is the second ex-aide to former President Donald Trump to be prosecuted for his lack of cooperation with the committee. Prosecutors told the jury during closing arguments Thursday that Navarro “made a choice” not to comply with a February 2022 subpoena. Quick moving trial with limited defenseNavarro joined the Trump White House to advise on trade and became a well-known face of the Trump administration, while earning a reputation for sparring behind the scenes with his White House colleagues. Multiple sources of legal trouble for the former Trump aideNavarro’s service as a Trump White House aide has generated continuing legal troubles for the former trade adviser – troubles that go beyond the criminal case.
Persons: Peter Navarro, Navarro, Donald Trump, Steve Bannon, Navarro “, Elizabeth Aloi, , , ” Navarro’s, Stanley Woodward, hadn’t, Woodward, John Crabb, ” Crabb, clasped, intently, Quick, Trump, ’ ” Navarro, Aloi, ” Woodward, Organizations: CNN, Trump White House, Capitol, Prosecutors, Department, White, Trump, Biden, weaponized Department of Justice, Justice Department, DOJ, National Archives Locations: Washington ,,
Peter Navarro, an advisor to former U.S. President Donald Trump, speaks to reporters as he arrives at the E. Barrett Prettyman Courthouse on September 7, 2023 in Washington, DC. A jury on Thursday convicted former Trump White House trade advisor Peter Navarro of two counts of criminal contempt of Congress. Navarro faces up to a year in prison, and U.S. District Court Judge Amit Mehta scheduled his sentencing for January 12. Woodward argued that prosecutors had failed to give evidence of where Navarro was physically at the time he was due to appear before the select House committee. Another former top Trump White House aide, Steve Bannon, was convicted last year of two counts of contempt of Congress for failing to comply with subpoenas issued by the House committee.
Persons: Peter Navarro, Donald Trump, Barrett Prettyman, Attorney Elizabeth Aloi, Navarro, , Amit Mehta, Aloi, Stan Woodward, Woodward, Trump, Joe Biden, Steve Bannon, Bannon Organizations: Attorney, Trump White House, University of California Locations: Washington ,, U.S, Irvine
WASHINGTON (AP) — A jury began weighing contempt of Congress charges against Trump White House official Peter Navarro on Thursday over his failure to cooperate with a subpoena from the committee investigating the Jan. 6, 2021, attack on the U.S. Capitol. A defense attorney argued Navarro didn’t purposely ignore the House Jan. 6 Committee. A judge has ruled the executive privilege argument isn’t a defense against the charges, finding Navarro couldn’t show that Trump had invoked it. Navarro was the second Trump aide to face contempt of Congress charges after former White House adviser Steve Bannon. Trump now faces a federal indictment in Washington, D.C., and a state indictment in Georgia over his efforts to overturn his 2020 election loss.
Persons: , Peter Navarro, Navarro “, Donald Trump ”, Joe Biden, Navarro, Navarro didn’t, Stanley Woodward, Trump, Woodward, hadn't, , , Elizabeth Aloi, Donald Trump, ” Navarro, White, Steve Bannon, Bannon Organizations: WASHINGTON, Trump White House, U.S . Capitol, Prosecutors, Democrat, Trump, Capitol, Washington , D.C Locations: Washington ,, Georgia
The House committee wanted to interview Navarro about a plan that was devised by Trump allies to delay Congress from certifying President Joe Biden's 2020 election victory. The committee ultimately issued the findings from its investigation in December 2022 without getting the chance to interview Navarro. "Congress believed that Mr. Navarro had information about what happened on Jan. 6, or more specifically about why it happened," Crabb said. "So Congress issued Mr. Navarro a subpoena. Steve Bannon, another key associate of Trump, was convicted last year of contempt of Congress for defying a subpoena from the same committee and sentenced to four months in prison.
Persons: Peter Navarro, Donald Trump, Donald Trump's, Navarro, Mr, John Crabb, he's, " Navarro, Trump, Joe Biden's, Jan, " Crabb, Judge Amit Mehta, Stan Woodward, Woodward, Steve Bannon, Sarah N, Lynch, Will Dunham Organizations: U.S, U.S . Capitol, White, Democratic, House, Capitol, Trump's, Trump, Prosecutors, Thomson Locations: Washington , U.S, WASHINGTON, Washington, China, U.S
CNN —Former White House trade adviser Peter Navarro goes on trial Tuesday as the second ex-aide to former President Donald Trump to be prosecuted for criminal contempt of Congress. With the judge finding that Trump did not make a formal invocation of privilege, Navarro will be severely limited in the defenses he can put in front of the jury. It declined to prosecute former Trump White House officials Mark Meadows and Dan Scavino, who were also subpoenaed by the committee and referred by the House to the Justice Department for contempt. Navarro told reporters outside the courthouse last week that his legal bills, including appeals of the case, would exceed $1 million. This is the same suit I wore in 2017 going into the White House,” he said.
Persons: Peter Navarro, Donald Trump, Navarro, Trump, Steve Bannon, Bannon, Amit Mehta, ” Navarro, he’d, crosshairs Navarro, Jared Kushner, Mehta, Prosecutors, , ” Mehta, Mark Meadows, Dan Scavino, Organizations: CNN, Former White House, US, Appeals, Justice Department, Trump, Trump White House, National Archives, Prosecutors Locations: Washington, DC, China, Navarro’s
“We want the entire MAGA movement to understand that what’s going on in Texas is not just about Texas,” Mr. Bannon told his podcast audience this month. Yet those conservative credentials may not be enough to help Mr. Paxton survive what promises to be the most significant test he has faced. A well-funded political action committee, Defend Texas Liberty, has begun targeting some Republican members of the Texas House who voted to impeach Mr. Paxton. Mr. Abbott has not commented on Mr. Paxton’s impeachment. Mr. Paxton won handily and went on to easily win a third term in the November election.
Persons: Ken Paxton, Paxton, Rick Perry, Karl Rove, George W, Bush, Steve Bannon, Trump, MAGA, ” Mr, Bannon, Donald J, Biden, Obama, Mr, Mike Osborne, they’ve, , David Simpson, , ” Jonathan Stickland, Stickland, “ Glenn Rogers, Rogers, Nate Paul, Paul, general’s, Perry, Dave P, Paxton’s, Bryan Hughes, Eric Gay, ” Lauren Davis, Bannon’s, , Texas —, Tim Dunn, Farris Wilks, Dunn, Wilks, Dan Patrick, Patrick, Greg Abbott, Abbott Organizations: Republican, State Senate, Democrat, Trump, Affordable, Mr, Jan, Republicans, Texas Legislature, Texas Capitol, ., The New York Times, Texas House, Defend Texas Liberty, Fort Worth, CBS, , Senate, May ., Dallas County Republican Party, Fox News, West, Gov, Texans Locations: Texas, Austin, Georgia, United States, Paxton, Fort, May, West Texas
WASHINGTON (AP) — Jury selection began Tuesday in the case against former Trump White House official Peter Navarro, who was charged with contempt of Congress after he refused to cooperate with a congressional investigation into the Jan. 6, 2021, attack on the U.S. Capitol. Navarro, a former economics professor, served as a White House staffer under then-President Donald Trump and later promoted the Republican's baseless claims of mass voter fraud in the 2020 election he lost. Navarro has said that Trump invoked executive privilege, barring him from cooperating with the House Jan. 6 committee. Navarro, who has pleaded not guilty, was the second Trump aide to face criminal charges after former White House adviser Steve Bannon. The House Jan. 6 committee’s final report said Trump criminally engaged in a “multi-part conspiracy” to overturn the lawful results of the 2020 election and failed to act to stop his supporters from attacking the Capitol.
Persons: Peter Navarro, Donald Trump, Navarro, Trump, Judge Amit Mehta, White, Steve Bannon, Bannon, Joe Biden Organizations: WASHINGTON, Trump White House, U.S . Capitol, White, U.S, Trump, Washington , D.C, Democrat, Capitol Locations: Washington ,, Georgia
With television ads and text messages, direct mail and billboards, supporters of the embattled Texas attorney general, Ken Paxton, have embarked on an escalating campaign of political pressure, backed by hard-right billionaires, aimed at trying to sway the outcome of Mr. Paxton’s upcoming impeachment trial. The targets of their efforts are narrow: the 19 Republican members of the State Senate who will act as jurors in the trial, set to begin on Tuesday, and decide whether allegations of corruption and abuse of power are serious enough to warrant permanently removing and barring Mr. Paxton from office. But the effort to save Mr. Paxton, who is seen by many hard-core conservatives as their legal standard-bearer, is also the latest proxy in the broader fight over the future direction of the party, both in Texas and nationally. It has drawn in a range of conservative figures on both sides, with Rick Perry, the former Texas governor, and Karl Rove, the political consultant to former President George W. Bush, arguing in support of the impeachment process, and Steve Bannon, the former Trump political adviser, lampooning it as a Democrat-inspired witch hunt.
Persons: Ken Paxton, Paxton, Rick Perry, Karl Rove, George W, Bush, Steve Bannon, Trump Organizations: Republican, State Senate, Democrat Locations: Texas
I’ve been raving about Naomi Klein’s “Doppelganger” since I read an advance copy this summer, and when I tell people about it, some of them are baffled: You mean Klein wrote a whole book about being confused with the writer Naomi Wolf? Only in a superficial sense is “Doppelganger” really about Wolf, the liberal feminist icon turned anti-vax Steve Bannon sidekick. Klein and Wolf, both brown-haired middle-aged Jewish women writers, are often mistaken for each other. That became a growing problem for Klein as her reputation was tainted by Wolf’s escalating lunacy. Trapped at home by the pandemic, Klein became increasingly obsessed by Wolf’s transformation into a heroine of Covid truthers.
Persons: I’ve, Naomi Klein’s, Klein, Naomi Wolf, Charlie Kaufman, , Wolf, Steve Bannon, Covid, Vladimir Putin, Donald Trump Locations: Ukraine
Navarro, Trump’s one-time trade adviser, testified Monday in his defense during a key pre-trial hearing in his case. But during the nearly three-hour hearing before US District Judge Amit P. Mehta in Washington, DC, the judge appeared highly skeptical of Navarro’s testimony, noting it’s from one side of the conversation. “I don’t think anyone would disagree that we wish there was more here from President Trump,” Woodward told Mehta. The judge said he would make a decision later this week on whether Navarro’s testimony could be used in his trial next month. “We would like, at the very least, to leave the record open” so Harrington can submit her testimony, Woodward told Mehta.
Persons: Peter Navarro’s, Donald Trump, Navarro, Trump’s, Trump, Amit P, Mehta, , ” Mehta, Stanley Woodward, , Woodward, ” Woodward, didn’t, ” Navarro, Steve Bannon, Bannon, it’ll, Liz Harrington, – Trump, Liz Harrington –, Harrington Organizations: Washington CNN, US, Trump Locations: Washington , DC
In the Republican coalition, it is a moment that has culminated decades of change – and one that points to years of turbulence ahead. Overwhelming majorities of Republican voters dismiss the charges against Trump. In Gallup’s latest annual survey of trust in institutions, Republicans expressed less faith in 10 of the 16 measured. Veteran GOP pollster Whit Ayres points to another, more personal, reason so many GOP voters have discounted the charges against Trump. Trump is the Republican most effectively riding that wave now, but it seems unlikely to recede whenever he fades from the political scene.
Persons: Donald Trump, , Trump, Tresa Undem, , Stormy Daniels, “ Trump, , Ronald Reagan, “ There’s, Amy Fried, Goldwater, Reagan, Fried, Steve Bannon, Eric Plutzer, ” Plutzer, Hillary Clinton, “ Efrem Zimbalist Jr, Plutzer, , MAGA, Undem, ” Trump, He’s, ” he’s, George Floyd, It’s, ” Robert P, Jones, winks, ’ Trump, ” “ MAGA, ” Jones, Daniel Cox, , ” Cox, Chris Christie, Asa Hutchinson, Will Hurd, Hunter Biden, Cox, wasn’t Hunter Biden, Whit Ayres, ” Ayres, Donald Trump’s, aspersions, That’s, , Long Organizations: CNN, Republican, GOP, Trump, Whites, Bright Line, Republicans, CBS, University of Maine, Government, National Rifle Association, NRA, Penn State University, Institute for Democracy, Department, FBI, ABC, Justice Department, Pew Research Center, Gallup, Black, Religion Research Institute, White, American Enterprise Institute, Trump —, Prestige, Senate, Trump . Veteran GOP, , Democratic Locations: , Vietnam, stoke, Russia, Manhattan, Fulton County , Georgia, New York, Undem, America
Mike Lindell says his new Wi-Fi monitoring device can protect voting machines against hacks. Lindell claimed the device could even filter out the evil Chinese Communist Party. Lindell claimed in an interview on Bannon's podcast that the monitoring device doubled up as a filter that could protect voting machines from hackers. Lindell told conference attendees that his plan was to fly the device near polling stations, with drones. Lindell told the audience.
Persons: Mike Lindell, Lindell, Steve Bannon's, Donald Trump's, he's, I've Organizations: Chinese Communist Party, Service, CCP, Lindell, Voting Systems Locations: Missouri, Wall, Silicon, Springfield , Missouri, Minnesota
They were the latest members of the former president’s inner circle to find out that associating with Trump could put them on cracking legal ice. There is increasing speculation over why Meadows was charged in Georgia but not in special counsel Jack Smith’s federal investigation into Trump’s election stealing efforts. Legal experts wonder whether he could be cooperating with that probe in a sign of peril for the former president. Trump’s inner circles have long faced legal problemsTrump’s co-defendants in the Georgia case are not the first to find out that the ex-president’s intolerance for the rules and conventions that normally constrain presidencies can lead them into treacherous waters. Trump once vowed to bring only “the best people” to Washington, but his acolytes often find themselves dragged into his legal storms.
Persons: Donald, , Trump, Rudy Giuliani, Giuliani –, Trump’s, , Giuliani, bruiser, , “ I’m, “ We’re, Mark Meadows, Meadows, Jack, John Eastman, Mike Pence, Harvey Silverglate, Sidney Powell –, Walt Nauta, Carlos De Oliveira –, Paul Manafort, Michael Flynn, Robert Mueller’s, Steve Bannon, Bannon, ” Bannon, Allen Weisselberg, Michael Cohen, Cohen, ” Trump, Attorney Alvin Bragg, Stormy Daniels, extravagantly, Flynn, Manafort, Roger Stone, won’t, , District Attorney Fani Willis –, Ty Cobb, CNN’s Erin Burnett, wouldn’t, Willis, ” Cobb Organizations: CNN, Trump, New, New York City, WABC, White House, Caucus, White, Republican, Former Trump, Trump Organization, Manhattan, Attorney, Trump’s, Save, District Attorney Locations: Georgia, Fulton, New York, Ukraine, North Carolina, Washington, Meadows, Fulton County , Georgia, Lago, Trump, Russia, Manhattan, Congress
The long-awaited rule is expected to require that real estate professionals such as title insurers report the identities of the beneficial owners of companies buying real estate in cash to the Treasury's Financial Crimes Enforcement Network (FinCEN). Criminals have for decades anonymously hidden ill-gotten gains in real estate, Treasury Secretary Janet Yellen said in March, adding that as much as $2.3 billion was laundered through U.S. real estate between 2015 and 2020. That debate has slowed down FinCEN's work on the real estate reporting rule, one of the sources said. PATCHWORKWhile banks have long been required to understand the source of customer funds and report suspicious transactions, no such rules exist nationwide for the real estate industry. FinCEN implemented GTOs in 2016 after the New York Times revealed that nearly half of luxury real estate was bought by anonymous shell companies.
Persons: Janet Yellen, Erica Hanichak, FinCEN, Jodi Vittori, Guo Wengui, Guo, Donald Trump, Steve Bannon, Howard, David Szakonyi, Luc Cohen, Chris Prentice, Amy Stevens, Michelle Price, Matthew Lewis Organizations: U.S . Treasury Department, FACT Coalition, Association, New York Times, Carnegie Endowment, International Peace, Nardello, Government, Office, George Washington University, New, Thomson Locations: New York, Miami, Los Angeles, Chinese, Jersey, Manhattan
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