Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Former Fed"


25 mentions found


"They know how to put on a tight gun case." Biden's trial is not necessarily a lost cause. This arrangement has perversely allowed Weiss to politicize the proceedings unchecked, Hunter Biden's lawyers argued. There's no evidence that Biden even loaded or used the gun before his brother's widow, Hallie Biden, threw it out. "Obviously, the conduct that the government ought to be addressing is whether somebody is on drugs and high while they're shooting a gun," Levin said.
Persons: , Hunter Biden, Abbe Lowell, Prosecutors, Biden, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sens, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Hunter Biden's, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani, there's Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Republicans, US Justice Department, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSpecial counsel Jack Smith and lawyers for Donald Trump are fighting over a proposed gag order that would prevent the former president from claiming the FBI plotted to assassinate him during their August 2022 raid on Mar-A-Lago. This story is available exclusively to Business Insider subscribers. "Judge Cannon has issued — or not issued — some very bizarre orders, but given that Judge Cannon has seemingly sided with Trump at every possible turn, I wouldn't be surprised if she did not issue this order." Representatives for Smith's office and lawyers for Trump did not respond to requests for comment from Business Insider.
Persons: , Jack Smith, Donald Trump, Smith, Aileen Cannon, Cannon, Trump, George Conway, Kellyanne Conway, Ty Cobb, Tracy Pearson, Kevin McMunigal, McMunigal, Neama, Rahmani, Judge Cannon, Pearson, that's Organizations: Service, Trump, Business, Circuit, Washington Post, Trump White House, CNN, New York Times Locations: Mar
The incredible oblivion of Judge Marvin Isgur
  + stars: | 2024-06-03 | by ( Dakin Campbell | ) www.businessinsider.com   time to read: +45 min
On a mild Houston day in March 2021, Judge Marvin Isgur prepared to oversee the only case on his docket that morning. In October 2023, the Fifth Circuit Court rebuked Judge David Jones but said that his longtime colleague, Judge Marvin Isgur, had been "unaware" of Jones' inappropriate relationship. "But only Judge Isgur knows what he knew or didn't know about the relationship." Much of this work was in cases before either Judge Isgur or Judge Jones. Isgur can continue to hear the case, he ruled, writing in the December 2023 opinion that lawyers for the creditor "failed to demonstrate much other than that former Judge Jones and Judge Isgur are close friends."
Persons: Marvin Isgur, David Jones, Jones, Elizabeth Freeman, Jackson Walker, Isgur, Michael Van Deelen, he'd, Freeman, Matthew Cavenaugh, Cavenaugh, Michael Van Deelen Van, Judge Jones, who'd, Steve Smith, Smith, Michael Lewis, Van Deelen, I'm, Van Deelen's, Tom Kirkendall, Gary Cruciani, Judge David Jones, Nancy Rapoport, University of Nevada Las Vegas William S, Kirkendall, " Jones, Trump, she's, Sarah, Porter Hedges, , — Elizabeth Freeman, John Higgins, Whitney Ables, Josh Wolfshohl, Amy Lucas, Porter, Wesley Steen, Fifth Circuit —, that's, Liz, Bruce Markell, it's, Judge William Greendyke, Lynn LoPucki's, Patricia Tomasco, Christopher Lopez, Manges, Greendyke, Albert Alonzo, Alonzo, Jones Isgur, Susan Tran Adams, Matt Cavenaugh, Veronica Polnick, Genevieve Graham, cookout, Graham, Tran, Christina Morrison, David, I, Neiman Marcus, J.C, Penney, Freeman hadn't, hadn't, Jim Wilkinson, Ellis, Kirkland, Ellis —, Veronica Polnick —, Polnick —, Elizabeth, COVID, Jackson, Kirkland Ellis, they'd, — Greendyke, Wilkinson, Judge Isgur, Mike Warner, Eduardo Rodriguez, Rodriguez, Isgur's, Judge Lopez —, Lopez, Alfredo Perez, Weil, Perez, Richard Schmidt, Jack Newsham Organizations: Business, Southern District of, McDermott International, Southern, Houston, Fifth Circuit, Appeals, Department of Justice, Fifth, University of Nevada, Boyd School of Law, Circuit, University of Houston, American Bankruptcy Institute, Emory Law School, Emory, Facebook, Big Law, Reuters, Bloomberg, Northwestern's Pritzker School of Law, Enron, LinkedIn, Southern District of Texas, Judicial Conference, Texas, Chesapeake Energy, Big, Kirkland, Cavenaugh, UPS, Technologies, Candy Club, Omni, Norton Rose, GWG Holdings Inc, Brands, Southern District's, Southern District, US, Former Locations: Texas, Southern District, Southern District of Texas, Houston, New Orleans, United States, University of Nevada Las Vegas, Kirkendall, Galveston, Carolina, Porter, Harris, Nevada, Southern District of Texas , Delaware, New York, Delaware, Weil, Southern, disgorge, Sorrento, Corpus Christi, prefacing
CNN —Months after singer Cassie Ventura filed suit against her ex-boyfriend Sean “Diddy” Combs, his life looks very different. But the video could become evidence in an ongoing federal investigation related to Combs and allegations of sex trafficking. Members of law enforcement are seen outside of Sean "Diddy" Combs' home in Los Angeles on March 25, 2024. Sean "Diddy" Combs with Cassie Ventura attend the premiere of 'The Perfect Match' at the Arclight Theatre in Los Angeles in 2016. An aerial image of Sean "Diddy" Combs' home in Los Angeles on March 25, 2024.
Persons: Cassie Ventura, Sean “ Diddy ” Combs, Ventura, Combs, , Here’s, HSI, Sean, Diddy, ” Aaron Dyer, Justin, Misa Hylton, Christian, , Hylton, Kim Porter, Sean Combs, Jessie, Rodney “, Rod ” Jones, Jones, ” Jones, Chris Delmas, ” Ben Brafman, Shawn Holley, they’ve, Department’s, Kelly, , Elie Honig, CNN’s Sandra Gonzalez, John Miller, Elizabeth Wolfe, Eric Levenson, Denise Royal, Holmes Lybrand, Carlos Suarez Organizations: CNN, Bad Boy Records, Los Angeles County, Attorney’s, US Justice Department, Authorities, Federal, Homeland Security Investigations, US Department of Homeland Security, KCBS, Arclight Theatre, Getty Locations: New York, Miami, Los Angeles, , AFP
Instead, Trump delivered a rambling monologue that was filled with false claims on subjects ranging from the Manhattan trial to immigration to tax policy. He said this time that “you have violent crime all over this city at levels that nobody’s ever seen before.”Facts First: Trump’s claim is not even close to true. Michael Cohen’s crimesCriticizing key prosecution witness Michael Cohen, Trump repeated a claim he made during the trial in April. Facts First: There is no basis for Trump’s claim. It was dead.”Facts First: Trump’s claim is false.
Persons: Donald Trump, Trump, New York City Trump, Michael Cohen’s, Michael Cohen, Cohen, , Robert Mueller, Trump’s, ” Cohen, , ” Trump, Biden, Joe Biden, Alvin Bragg’s, , Bragg, Matthew Colangelo, Colangelo, Judge Juan Merchan, Merchan, Bradley Smith, Rather, Smith, Congo ’ Trump, Africa –, Patrick Muyaya Katembwe, ” Serge Mombouli Organizations: Washington CNN, New York City, New, Trump, Republican, Intelligence, Biden, DOJ, of Justice, federal, Department, Democrat, Justice Department, Congo, Democratic, CNN, PAC, Nord Locations: Manhattan, New York, , New York City, New York City, , Russia, Moscow, York’s, Congo, Democratic Republic of Congo, Republic of Congo, Africa, United States of America, Republic of, Germany, Russian, Trump’s, Ukraine
Read previewFormer President Donald Trump's historic conviction on Thursday may have been in part due to mistakes made by his defense team, including not having him take the stand, legal experts told Business Insider. Though the conclusion of the case was significant, three legal experts told BI the verdict wasn't a major shock. AdvertisementHe pointed to opening statements made by Trump's lawyer, Todd Blanche, that Rahmani thought suggested an accountant would testify and serve as a fall guy. AdvertisementNot long before resting their case, the defense told the judge they were still weighing having Trump testify. Some legal experts previous said testifying would not be a good idea for Trump, with concerns that he could end up committing perjury.
Persons: , Donald Trump's, Trump, Stormy Daniels, Alex Reinert, Eric Anderson, Sullivan Wright Gizer, McRae, Donald Trump, Daniels, Neama, Todd Blanche, Michael Cohen, Trump's, Rahmani, David Pecker, Anderson, Cohen, hadn't, It's, Merchan, Biden Organizations: Service, New, Business, Cardozo School of Law, McRae LLP, West, Trial, National Enquirer, Trump Locations: New York
Washington CNN —Former President Donald Trump has uttered multiple false or misleading claims about his Manhattan criminal trial this week as the trial has neared a conclusion. An “advice of counsel” defense typically requires the defendant to waive attorney-client privilege. This Court can not endorse such a tactic.” Therefore, Merchan ruled, Trump could not invoke or even suggest a “presence of counsel” defense in the trial. Prosecutors provided three theories of what unlawful means Trump used. After Merchan refused last week to change his mind, Trump’s defense decided not to call Smith as a witness.
Persons: Donald Trump, Trump, , Juan Merchan, , MERCHAN, , Merchan, ” Trump, ” Merchan, Defendant, you’ve, It’s, it’s, John Roberts, don’t, ” Lee Kovarsky, Jeremy Herb, doesn’t, didn’t, Brad Smith, Wouldn’t, Bradley Smith, Rather, Smith, Biden, Joe Biden, Attorney Alvin Bragg, Bragg, Matthew Colangelo, Colangelo Organizations: Washington CNN, Manhattan, Fox News, Prosecutors, Federal, University of Texas, Trump, Records, Attorney, Justice Department Locations: New York, York, , Manhattan, York’s
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Vice Chair Roger Ferguson on the key economic reports this weekRoger Ferguson, Former Fed Vice Chair, discusses inflation and the second read on Q1 GDP.
Persons: Roger Ferguson
CNN —CNN Opinion asked our contributors to weigh in on Trump’s conviction on 34 counts of falsifying business records. Are there really that many voters whose view of Trump as a man, or politician, could be altered by bookkeeping irregularities? How many would-be Trump voters will be swayed against him because of miscategorized business expenses? Instead of validating Trump’s narcissism, Democrats should turn the camera away from Trump and toward the American people. Democrats should make the case that Trump’s policies would decimate the middle class and that ought to be a (metaphorical) crime.
Persons: Patrick Brown, Patrick T, Brown, , Trump, Attorney Alvin Bragg, , Biden, Robert De Niro, Stacy Schneider, Rikers Stacy Schneider, Juan Merchan, Donald Trump, I’ve, Trump’s, There’s, ” Timothy C, Tim Parlatore Tim Parlatore, Michael Cohen’s, Karen McDougal, Daniels, today’s, Timothy C, Paul Begala, , Roe, Wade, kowtowing, Vladimir Putin, Bill Clinton’s, Clinton, Jennifer Rodgers, Judge Juan Merchan, Prosecutors, Donald Trump’s, Merchan, Will, it’s, they’d, he’d, , Joey Jackson, Donald, Michael Cohen, Cohen, Cohen’s Organizations: CNN, Progressives, Trump, haven’t, Attorney, Republicans, Public Policy Center, Economic, Parlatore Law, LLP, Navy, Paul Begala CNN, Social Security, Democratic, Manhattan, NYU School of Law, Columbia Law School, Republican Party, GOP, Team Trump Locations: Manhattan, Washington , DC, New York, Trump, Russian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Fed Governor Dan Tarullo: The Fed will need to see more progress on inflation before rate cutDaniel Tarullo, Harvard Law School professor and former Federal Reserve Governor, joins 'Squawk Box' to discuss the Fed's inflation fight, interest rate path outlook, and more.
Persons: Dan Tarullo, Daniel Tarullo Organizations: Former, Harvard Law School, Federal Reserve
The Supreme Court, Tatel wrote, has “kicked precedent to the curb” and become “a tragedy” for civil rights and the rule of law. He said she revealed early dealings among justices that eventually led to the milestone 2013 Shelby County v. Holder decision undermining the Voting Rights Act. ‘John Stevens didn’t step down until he was ninety,” Tatel wrote. He served as director of the Chicago Lawyers’ Committee for Civil Rights Under Law and then as director of the National Committee. During the Jimmy Carter administration, he led the Office of Civil Rights at the Department of Health, Education and Welfare.
Persons: David Tatel, , John Roberts, Bill Clinton, Tatel, Roberts, Ruth Bader Ginsburg, Holder, Ginsburg, , , ‘ John Stevens didn’t, ” Tatel, , Ruth, Hillary Clinton, Donald Trump, Obama, , Trump, Amy Coney Barrett, Roe, Wade, Dobbs, Justice Ginsburg, “ I’ve, Jimmy Carter, Clinton, ” Roberts, Dick Cheney, “ …, Scalia, Cheney, , David, Joe Biden, I’ve Organizations: CNN, Democrat, Jackson, Health Organization, Chicago Lawyers ’, Civil, Law, National Committee, Department of Health, Education, Welfare, DC Circuit, US Department of Justice, Northwest Austin, Civil Rights Movement, Court, Supreme Locations: County, Washington, Shelby County, Northwest, Northwest Austin
But prosecutors will have an extra degree of difficulty with a long break ahead of closing arguments, as jurors will have been away from the case since Tuesday. “This, more than even your typical case, is going to be a closing case,” he added. The star witness in this case are the documents, and the documents speak for themselves.”Trump’s attorneys will present their closing arguments first on Tuesday, followed by the arguments from prosecutors. They will say this is a documents case,” he explained, going on to describe the various accounting documents presented during the trial. Still, the closing arguments from each side will be carefully crafted to win not only a verdict in their favor, but also to mark each attorneys’ place in the historic trial, Villalona mused.
Persons: CNN —, Donald Trump, Trump, Attorney Alvin Bragg’s, , , Elie Honig, Bernarda Villalona, Juan Merchan, David Pecker, Michael Cohen, Stormy Daniels, Robert Costello, Cohen, Daniels, Merchan, Honig, ‘ Michael Cohen’s, Allen Weisselberg, Karen Friedman Agnifilo, “ Trump, , Pecker, , Agnifilo, Villalona, CNN’s Jeremy Herb, Kara Scannell, Lauren del Valle Organizations: CNN, Attorney, Former New York, Trump Organization, Trump, Trump Org ., Attorney’s Locations: York, Manhattan, New York
A judge found Trump liable for fraud for inflating his net worth to get friendly loans, and juries found Trump liable for sexual abuse and defaming Carroll. DEL VALLE: This is actually my fourth Trump trial. Here, it’s almost been interesting how at moments it just felt like a regular trial. Reporters in the courtroom sat behind Trump – with a view often blocked by the many officers in the aisles of the gallery. The response prompted one of the biggest laughs in the courtroom in the entire trial – even several jurors were laughing.
Persons: Donald Trump’s, CNN’s Kara Scannell, Lauren del Valle, Jeremy Herb, Jean Carroll, Trump, defaming Carroll, del, he’s, it’s, That’s, I’ve, Kara, Lauren, Daniels, It’s, Susan Hoffinger, Christine Cornell, Michael Cohen’s, Todd Blanche, Blanche, Cohen, Keith Schiller, Cohen …, flailing, Kaitlan Collins, Robert Costello, Emil Bove’s, Costello, Judge Juan Merchan, ” Merchan, , admonish, David Pecker, Trump’s, Pecker, Jane Rosenberg Hope Hicks, Hope Hicks, CNN Madeleine Westerhout, Madeleine Westerhout, Attorney Alvin Bragg, Boris Epshteyn, , Joshua Steinglass, Emil Bove, Jaden Jarmel, Schneider, Bove, , ” Jarmel, ” Bove Organizations: CNN, Trump, New, DEL VALLE, Midway, National Enquirer, Trump … DEL VALLE, White House, VALLE, White, Attorney, Republican Locations: York, New York, del Valle, Manhattan
The man who might be the most significant defense witness for former President Donald Trump — and the last witness in his New York criminal hush money trial — resumes testimony Tuesday, a day after a judge ripped him for disrespectful conduct on the witness stand. The witness, criminal defense lawyer Robert Costello, was sharply warned Monday afternoon by Judge Juan Merchan for glaring at the judge and muttering in disdain when Merchan upheld objections from prosecutors. "I'm putting you on notice that your conduct is contemptuous now," Merchan told Costello, after clearing the courtroom of most of the public and press when he had had enough of the former federal prosecutor's antics. "If you stare me down one more time, I will remove you from the stand," Merchan warned, according to a transcript of the verbal beatdown. Cohen has said he paid Daniels to keep her quiet about a one-off sexual tryst with Trump in 2006 to keep her from damaging his chances in the 2016 presidential election.
Persons: Robert Costello, Juan Merchan, Donald Trump's, Stormy Daniels, Donald Trump —, Judge Juan Merchan, Merchan, Costello, Trump's, Michael Cohen, Cohen, Daniels, Trump Organizations: FBI Locations: Manhattan, New York City, U.S, New York
Prince Heinrich XIII of Reuss, the obscure aristocrat who wanted to become German chancellor, and eight men and women who planned to bring him into power by violently overthrowing the government, went on trial on Tuesday in Frankfurt. Nearly a year and a half after a spectacular nationwide raid involving 3,000 police officers at 150 locations that the authorities say foiled a bizarre, far-right plan to seize power, the prince and the plotters will start facing justice. It is expected to be one of the most complex court cases since West Germany tried Auschwitz concentration camp commanders in the 1960s. Members of the group, who called themselves the “United Patriots,” believed the government was run by pedophilic, illegitimate politicians who had access to a network of underground military bases. The plotters believed in the existence of a secret alliance, prosecutors say, consisting of sympathetic foreign intelligence services, including ones belonging to the United States and Russia, would help the group overthrow the deep state once a signal was given.
Persons: Prince Heinrich XIII of Reuss, , , pedophilic Organizations: “ United Patriots Locations: Frankfurt, West Germany, United States, Russia
AdvertisementThe first-ever criminal trial of a former American president is now nearing its end after several weeks of witness testimony. Related storiesIn some of those hallway appearances earlier in the trial, Trump has told reporters that he planned to testify. He told jurors that Cohen told him that Trump didn't know anything about the payments. "If you don't like my ruling, you don't give me side-eye, and you don't roll your eyes," Merchan told Costello before he cleared the room. Trump " wasn't thinking about Melania — this was all about the campaign," Cohen told jurors.
Persons: , Donald Trump, Todd Blanche, Blanche, Juan Merchan, Trump, Robert Costello, Costello, Emil Bove, muttered, Michael Cohen, Cohen, Susan Hoffinger, Merchan, Stormy Daniels, Cohen —, Trump —, Daniels, didn't, Rudy Giuliani, audibly, Judge Juan Merchan, castigates, Elizabeth Williams, Daniel Sitko, Brad Smith, Smith's, Smith, reimbursing Cohen Organizations: Service, GOP, Business, New, Trump, Republican, Manhattan, Attorney's Office, Attorney's, Prosecutors, FBI, AP, Federal, Washington Examiner Locations: New York, American, Manhattan, Trump
Eight times a day during his felony trial, the former president of the United States must stand and honor 12 jurors and six alternates as they walk past, eyes straight ahead or down, casting no glances at him. It’s inspiring to watch these ordinary citizens as sovereign soldiers for justice. On Monday, this calm processional was disrupted, as jurors were forced to hurry out after a pro-Trump witness for the defense mocked the authority of the court. Moments later, Justice Juan Merchan ordered the courtroom immediately cleared and reporters fled in a frenzy. Michael Cohen had testified earlier that Costello and Rudy Giuliani were assigned by Trump to open a “back channel” to Cohen to keep him in the Trump fold.
Persons: Juan Merchan, Robert Costello, George Steinbrenner, Leona Helmsley, Michael Cohen, Costello, Rudy Giuliani, Cohen, Trump Organizations: Trump Locations: United States
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDonald Trump is unlikely to testify in his hush-money trial in Manhattan, despite previously saying he would, sources familiar with the matter told The Washington Post. Four unnamed people close to the former president told the paper that they were not expecting him to take the witness stand next week. Related storiesDespite this, Trump has previously insisted that he would "absolutely" testify in the trial. On Friday, a centrist Washington DC-based think tank, Third Way, released an ad dubbed "Coward," daring Trump to take the stand.
Persons: , Donald Trump, John Coffee, Trump, Stormy Daniels, Juan Merchan, Coward, Donald, Robert Mintz, Michael Cohen, Trump's, Todd Blanche, Cohen, Coffee, Blanche Organizations: Service, Washington Post, Business, Columbia Law School, Telegraph, Lawyers, Elmen, Washington DC, Post Locations: Manhattan, Washington
But while the former president has been uncharacteristically restrained recently, a cast of Republican lawmakers and Trump surrogates have traveled to court to rail about the proceedings. It's raised questions about whether the "surrogates" could be violating Trump's gag order. Sen. Tommy Tuberville of Alabama, who has been floated as a potential VP pick, told Newsmax one reason he attended was to "overcome this gag order." Under the gag order, Trump is not allowed to comment about Cohen. But Neama Rahmani, a former federal prosecutor, told BI that "practically speaking," Judge Merchan can do little to stop lawmakers from speaking on Trump's behalf.
Persons: , Donald Trump, Michael Cohen, It's, Mike Johnson, JD Vance, Ohio, Rick Scott of, Vivek Ramaswamy, Vance, Doug Burgum, Matt Gaetz, Michael M, Trump, Juan Merchan's, Andrew Rice, he'd, Sen, Tommy Tuberville, Lauren Boebert, Cohen, Boebert, Donald J, Andrew Lieb, Lieb, ANGELA WEISS, Laurie Levenson, Neama, Merchan, Rahmani, Jeff Modisett Organizations: Service, Republican, Trump, Business, Sens, Gov, Republicans, MSNBC, Caucus, Loyola Law, Former Indiana Locations: Rick Scott of Florida, Florida, Alabama, Colorado, Manhattan
The Serbian government has approved a contract with Jared Kushner on plans to build a luxury hotel on the site of the former defense ministry in Belgrade, putting him directly into business with a European state as his father-in-law, Donald J. Trump, vies to return to the White House. Mr. Kushner is pursuing the $500 million hotel project in partnership with Richard Grenell. A former Trump administration aide, Mr. Grenell first proposed that U.S. investors attempt to redevelop the long-vacant bombed-out site of the former Yugoslav Ministry of Defense while Mr. Grenell was still a diplomat, serving as a special envoy to the Balkans. The deal, which provoked protests in Belgrade on Thursday, is with an affiliate of Mr. Kushner’s Affinity Partners, the three-year-old, $3 billion investment fund backed by the sovereign wealth fund of Saudi Arabia. “The government of Serbia has chosen a reputable American company as a partner in this venture, which will invest in the revitalization of the former Federal Secretariat for National Defense complex,” a Serbian government official said in a statement released on Wednesday.
Persons: Jared Kushner, Donald J, Trump, vies, Kushner, Richard Grenell, Grenell Organizations: Serbian, Yugoslav Ministry of Defense, Mr, Kushner’s Affinity Partners, Federal Secretariat, National Defense Locations: Belgrade, Balkans, Saudi Arabia, Serbia, American
Former Fed Governor Randy Kroszner reacts to April's CPI report
  + stars: | 2024-05-15 | 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 EmailFormer Fed Governor Randy Kroszner reacts to April's CPI reportFormer Fed Governor Randy Kroszner joins 'Money Movers' to discuss what would give the FOMC confidence to cut rates, if the Federal Reserve is looking at recent microeconomic data, and more.
Persons: Randy Kroszner Organizations: Former, Federal
Michael Cohen, former attorney for Donald Trump, leaves after attending the Trump Organization civil fraud trial in New York State Supreme Court in the Manhattan borough of New York City on Oct. 24, 2023. Now Michael Cohen is prosecutors' biggest piece of legal ammunition in the former president's hush money trial. There is his tortured history with Trump, for whom he served as personal attorney and problem-zapper until his practices came under federal investigation. That led to felony convictions and prison for Cohen but no charges against Trump, by then in the White House. Those arrangements, which Manhattan District Attorney Alvin Bragg's office portrays as a multipronged scheme to keep information from voters, are now under a microscope at Trump's hush money trial.
Persons: Michael Cohen, Donald Trump, Cohen, Trump, Richard Serafini, Loyalist, Cohen's, dings, Alvin Bragg's, reimbursements, Stormy Daniels, Daniels Organizations: Trump Organization, Court, Reuters, Trump, FBI, National Enquirer, Manhattan Locations: New York, Manhattan, New York City, Florida
Markets typically respond to Fed comments with price swings in either direction, and recent research shows they are particularly reactive to Powell. And given the Fed's "data-dependent" approach, the baseline can change rapidly as new economic reports are released. "So now we're stuck with a system where there's only one view, there's only one outlook, it's a baseline outlook. And there's really no way to understand the Fed's thinking about where are the risks." Watch the video above to learn more about how the Fed's busy speaking schedule can create market volatility and how it balances transparency with market impact.
Persons: Jerome Powell, Powell, Andrew Levin, , Levin, Ben Bernanke Organizations: Fed, Federal, Center for Economic Policy Research, Dartmouth College, Federal Reserve Locations: Federal, what's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoger Ferguson on new CEO survey: Recession concerns have 'faded drastically'Roger Ferguson, The Business Council vice chairman, The Conference Board trustee and former Federal Reserve vice chairman, joins 'Squawk Box' to discuss the results of the 'Conference Board Measure of CEO Confidence' survey, the increase in cautious optimism among CEOs, top concerns facing executives, the Fed's inflation fight, and more.
Persons: Roger Ferguson Organizations: The Business, Federal Reserve
Judge Aileen Cannon on Tuesday delayed Donald Trump's classified documents case indefinitely. AdvertisementUS District Judge Aileen Cannon handed former President Donald Trump yet another legal win when she delayed his classified documents case indefinitely on Tuesday. It's just the latest legal win for Trump in the classified documents case handed to him by Cannon. Ty Cobb, a former Trump White House attorney, told CNN on Tuesday that Cannon's latest decision was "a combination of bias and incompetence." In light of Cannon's latest delay, Kalir said it was not surprising given her prior actions on the case.
Persons: Aileen Cannon, Donald Trump's, It's, , Donald Trump, Cannon, Trump, Jack Smith's, Canon, Katie Charleston, Justice Department —, Paula Reid, Judge Cannon, I'm, She's, aren't, Ty Cobb, galvanizes, Charlie Kolean, Kolean, Tre Lovell, it's, Doron Kalir, Fani Willis, Nathan Wade, Kalir Organizations: Trump, Service, Business, Justice Department, FBI, Mar, Appeals, Associated Press, Court, Trump White House, CNN, RED PAC, Cleveland State University College of Law Locations: Lago, Southern Florida, Trump's, South Florida, Georgia, New York
Total: 25