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The Trump campaign announced Tuesday it will start accepting cryptocurrency donations, casting the move as one of solidarity with opponents of "socialistic government control" over the U.S. financial markets. "MAGA supporters, now with a new cryptocurrency option, will build a crypto army moving the campaign to victory on November 5th!" The move opens a new source of potential funds for the Trump campaign, which still lags Biden in cash on hand even as it outraised the Democratic incumbent in April. Crypto donations will be reported as in-kind contributions, much like gifts of stock. "Contribution limits and disclosure requirements for crypto donations will follow Federal Election Commission regulations," the Trump campaign said.
Persons: Donald Trump, Trump, Joe Biden, Sen, Elizabeth Warren, Biden, Warren, MAGA, Crypto Organizations: Commerce, Trump, Biden, Democratic, Federal, Pew Research Center Locations: Waukesha, Waukesha , Wisconsin
Shares of Trump Media fell more than 10% on Tuesday, a day after the Truth Social app owner reported a net loss of $327.6 million on just $770,500 in revenue in the first quarter of 2024. Trump Media, whose majority shareholder is former President Donald Trump, revealed the loss in its first earnings report since its stock began public trading under the DJT ticker in March through a merger with a shell company. The report attributed Trump Media's loss to non-cash expenses, including "the conversion of promissory notes, and the associated elimination of prior liabilities," that preceded its merger with Digital World Acquisition Corp.
Persons: Donald Trump, Trump Organizations: Trump Media, Corp
United States Supreme Court Associate Justice Samuel Alito poses for an official portrait at the East Conference Room of the Supreme Court building on October 7, 2022 in Washington, DC. Supreme Court Justice Samuel Alito sold shares of beer giant Anheuser-Busch InBev as conservatives were ditching the Bud Light brewer over its partnership with a transgender social media influencer . The Supreme Court did not immediately respond to CNBC's request for comment on Alito's transaction report or the timing of his stock activity. In May 2023, Modelo replaced Bud Light as the top-selling beer in the U.S. Data from around that time showed sales of Bud Light had dropped nearly 25% year over year. Roth noted that the beer companies in question have no pending business before the Supreme Court that he can think of.
Persons: Samuel Alito, Alito, Bud Light, Busch, influencer Dylan Mulvaney, Mulvaney, , Martha, Ann Alito, Gabe Roth, " Roth, Roth Organizations: East, Anheuser, Busch, Molson Coors, Supreme, Busch InBev, Bud, Modelo, InBev, Coors, Blacks, New York Times, Trump, U.S . Capitol, Times, CNBC, Bud Light Locations: Washington , DC, U.S
Mugshot of PGA Golfer Scott Alexander Scheffler, arrested for assault on police after trying to enter PGA Championship venue. Scottie Scheffler, the top golfer in the world, was taken into custody Friday and charged with felony assault on a police officer and reckless driving outside of a PGA championship event in Kentucky. The Louisville Metropolitan Department of Corrections website showed that Scheffler was booked at 7:28 a.m. local time. The status of Scheffler's arrest and the charges against him were not immediately clear. A spokesperson for the PGA did not immediately respond to CNBC's request for comment.
Persons: Scott Alexander Scheffler, Scottie Scheffler, Scheffler Organizations: PGA, Valhalla Golf, ESPN, Louisville Metropolitan Department of Corrections Locations: Kentucky, Valhalla, Louisville
The Consumer Financial Protection Bureau headquarters in Washington, D.C., on May 14, 2021. The Supreme Court ruled Thursday that the funding structure of the Consumer Financial Protection Bureau is legal. The court in a 7-2 decision rejected an argument that the CFPB's funding method violated the U.S. Constitution's Appropriations Clause because Congress had not annually authorized money for the agency. Instead, Congress authorized the CFPB to draw funding from the Federal Reserve system that the agency's director deems necessary for its work. The majority's ruling reversed a decision by the 5th Circuit U.S. Court of Appeals, which found the CFPB's funding mechanism was unconstitutional.
Persons: Clarence Thomas, Thomas, John Roberts, Brett Kavanaugh, Amy Coney Barrett, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Samuel Alito, Neil Gorsuch, Thursday's, Alito groused Organizations: Consumer Financial, Washington , D.C, Federal Reserve, Federal, System, 5th Circuit U.S, of Appeals, Community Financial Services Association of America, Consumer Service Alliance of Texas Locations: Washington ,
US Senator Bob Menendez, Democrat of New Jersey, and his wife Nadine Arslanian, arrive at the US District Court, Southern District of New York, in New York City on September 27, 2023. Nadine Menendez, the wife and co-defendant of Sen. Robert Menendez, has been diagnosed with breast cancer, the Democratic lawmaker revealed Thursday during his trial on federal corruption charges. Nadine Menendez "had financial concerns that she kept from Bob," he said. The attorney advised the jurors that every time they hear evidence about Nadine Menendez, they should ask themselves, "What did Bob know?" "Every action Senator Menendez took was to help his constituents," he said.
Persons: Bob Menendez, Nadine Arslanian, Nadine Menendez, Sen, Robert Menendez, Menendez, Nadine, ” Menendez, Nadine Menendez's, Wael Hana, Fred Daibes, Avi Weitzman, Weitzman, Bob, Waldo, Laura Pomerantz, Pomerantz Organizations: Democrat, Court, Southern District of, Democratic, NBC Locations: New Jersey, Southern District, Southern District of New York, New York City, Manhattan, Jersey, U.S
Senator Robert Menendez (D-NJ), arrives at Federal Court, for his bribery trial in connection with an alleged corrupt relationship with three New Jersey businessmen, in New York City, U.S., May 14, 2024. Prosecutors and defense attorneys are poised Wednesday to select a full jury and deliver opening statements in the federal bribery trial of Sen. Robert Menendez of New Jersey. Prosecutors will begin their opening statements shortly afterward "if all goes to plan," the judge said. A third New Jersey businessman charged in the case, Jose Uribe, pleaded guilty in March and agreed to cooperate with the federal prosecutors. Nadine Menendez has not been in court with her husband.
Persons: Robert Menendez, Sen, Sidney Stein, Stein, Menendez, Nadine Menendez, Wael Hanna, Fred Daibes, Jose Uribe Organizations: Federal Court, Prosecutors, Robert Menendez of New, Democratic, Benz, Senate Foreign Relations Committee Locations: Jersey, New York City, U.S, Robert Menendez of, Robert Menendez of New Jersey, Manhattan, Egypt, Qatar, New Jersey
Senator Robert Menendez arrives at the federal courthouse in Manhattan, New York, United States on May 13, 2024. A judge on Monday admonished attorneys for playing legal games shortly after they convened for the start of the federal bribery trial of Sen. Robert Menendez, D-N.J."There's been too much gamesmanship here," Judge Sidney Stein told prosecutors and defense attorneys before jury selection began for the trial in federal court in Manhattan. His wife, Nadine Menendez, is also charged in the corruption case, but her trial was severed from her husband's due to what her lawyers said were medical issues. Prosecutors from the U.S. Attorney's Office for the Southern District of New York told Stein that they expect to lay out their case in four-and-a-half to six-and-a-half weeks. The trial itself could last around six to seven weeks, Stein told dozens of prospective jurors before giving them a rough outline the 18-count indictment against Menendez and his co-defendants.
Persons: Robert Menendez, Sen, There's, Sidney Stein, Stein, I'm, Menendez, Wael Hana, Fred Daibes, Jose Uribe, Prosecutors, Nadine Menendez, Donald Trump, Stormy Daniels Organizations: New, Senate Foreign Relations, Prosecutors, Attorney's, Southern, of, of New York, Manhattan Supreme Locations: Manhattan , New York, United States, Manhattan, New Jersey, Egypt, Qatar, of New
Madeleine Westerhout, a former Trump executive assistant, departs Manhattan Criminal Court on May 09, 2024 in New York City. A former top White House aide with deep knowledge of how Donald Trump operated in the Oval Office resumed testifying Friday in the former president's criminal hush money trial. Angela Weiss | Via ReutersWesterhout painted a flattering portrait of Trump, praising his work ethic and his relationship with his wife, Melania Trump. Her description of Trump as a devoted husband cut sharply against the testimony of porn star Stormy Daniels. Over seven hours of testimony, Daniels graphically detailed a one-night stand with Trump.
Persons: Madeleine Westerhout, Michael M, Donald Trump, Lorne Michaels, Tom Brady, Serena Williams, David Pecker, Michael Cohen, Trump, Angela Weiss, Via Reuters Westerhout, Melania Trump, Westerhout, Stormy Daniels, Daniels Organizations: Trump, Santiago, White, Oval, Manhattan Criminal, Via Reuters Locations: Manhattan, New York City
Trump trial: Stormy Daniels cross-examination ramps up
  + stars: | 2024-05-09 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +1 min
Court sketches of Stormy Daniels as she offers unflattering testimony about sex with Trump Artist: Jane RosenbergThis is developing news. Porn star Stormy Daniels will face cross-examination Thursday by lawyers for Donald Trump, after her first turn on the witness stand drew an angry reaction from the former president. Trump's attorneys, who began questioning Daniels on Tuesday afternoon, will likely continue their efforts to undermine her credibility and raise doubts about her account of having sex with Trump. The alleged one-night stand is a key component of the criminal hush money trial in Manhattan Supreme Court. Stormy Daniels arrives at Manhattan Criminal Court on May 09, 2024 in New York City.
Persons: Stormy Daniels, Jane Rosenberg, Donald Trump, Daniels, Judge Juan Merchan, Michael M, audibly, Merchan, Trump Organizations: Trump Artist, Trump, Criminal, Santiago, Getty Locations: Manhattan, New York City
Fani Willis, the district attorney of Fulton County, Georgia, photographed on Sept. 20, 2022, and former President Donald Trump, photographed on Aug. 8, 2023. A Georgia appeals court Wednesday agreed to hear a bid by Donald Trump to disqualify Fulton County District Attorney Fani Willis from the former president's criminal election interference case. Trump still faces 10 criminal counts in Willis' case. That order grants Trump's application to appeal McAfee's disqualification ruling while Willis' case is ongoing. The appeals court gave Trump 10 days to file the notice of appeal.
Persons: Fani Willis, Donald Trump, Scott McAfee, Willis, Trump, Joe Biden, Steve Sadow, Fulton County DA Willis, Nathan Wade, Wade, McAfee Organizations: Fulton, Trump, Fulton County, Georgia, McAfee, Trump —, NBC Locations: Fulton County , Georgia, Georgia, Fulton County, Georgia's
Donald Trump posted — and then quickly deleted — a statement Tuesday raging over the witness schedule and the judge in his criminal hush money trial. Trump fumed that prosecutors are not telling defense attorneys which witnesses they plan to call until the day before the witness testifies. "I have just recently been told who the witness is today. This is unprecedented, no time for lawyers to prepare," Trump wrote in the post. Prosecutor Joshua Steinglass told Merchan on Monday the Manhattan District Attorney's office is keeping its witness schedule hidden, in order to stop Trump from targeting people right before they take the stand.
Persons: Donald Trump, Stormy Daniels, Judge Juan Merchan, Trump, Joshua Steinglass, Merchan Organizations: Manhattan District, Trump Locations: Manhattan, New York City, U.S
Republican presidential candidate and former U.S. President Donald Trump gestures while he walks with his attorney Todd Blanche, as his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016 continues, at Manhattan state court in New York City, U.S., May 6, 2024. A federal judge Tuesday indefinitely postponed the criminal classified documents trial of former President Donald Trump, a court filing shows. The trial, on charges that Trump willfully retained classified national security records after leaving the White House and then hid them from federal authorities, was scheduled to start May 20. This is breaking news. Please check back for updates.
Persons: Donald Trump, Todd Blanche, Stormy Daniels, Trump Organizations: White House Locations: Manhattan, New York City, U.S
A judge on Monday delivered a dire warning to Donald Trump: Stop violating the court's orders, or you will be thrown in jail. "I do not want to propose a jail sanction," Merchan said, but "that I will, if necessary." But he said he would not hastily take the drastic step of throwing Trump in jail for his continued contempt. Prosecutors then called to the witness stand Jeff McConney, the former longtime controller of the Trump Organization. McConney, who worked under the company's former chief financial officer Allen Weisselberg, previously gave emotional testimony in a New York civil business fraud trial against Trump.
Persons: Donald Trump, Stormy Daniels, Juan Merchan, Merchan, Trump, Jeff McConney, McConney, Allen Weisselberg Organizations: Trump, Prosecutors, Trump Organization, White Locations: Manhattan, New York City, U.S, United States, New York
Former U.S. President Donald Trump attends the first day of his trial for allegedly covering up hush money payments at Manhattan Criminal Court on April 15, 2024 in New York City. The lawyer, Keith Davidson, negotiated six-figure hush money deals for porn star Stormy Daniels and former Playboy model Karen McDougal ahead of the 2016 presidential election. On the night Trump won that election, Davidson texted the Enquirer's then-editor in chief, "What have we done?" But he added that he and the top editor, Dylan Howard, understood at the time that "our activities may have in some way assisted the presidential campaign of Donald Trump." Jurors heard a recording of Trump saying asking Cohen, "So what do we got to pay for this — 150?"
Persons: Donald Trump, Keith Davidson, Stormy Daniels, Karen McDougal, Trump, Daniels, Attorney Alvin Bragg, Judge Juan Merchan, Merchan, Davidson, Trump's, Michael Cohen, David Pecker, Dylan Howard, Douglas Daus, Cohen, McDougal Organizations: U.S, Manhattan Criminal, Prosecutors, New, Trump, Manhattan, Attorney, National Enquirer, American Media Locations: New York City, New York
The New York criminal trial of Donald Trump is set to resume Thursday with more testimony from the attorney who helped broker a hush money payment from the former president's lawyer to porn star Stormy Daniels. The $130,000 payment to Daniels in particular is at the center of the historic criminal trial in Manhattan Supreme Court, where Trump is charged with 34 counts of falsifying business records. Trump unlawfully tried to influence that election by buying and suppressing damaging information about him, Bragg alleges. Merchan on Thursday morning was expected to hold another hearing on whether Trump violated the gag order four more times. Trump, the presumptive Republican presidential nominee, must sit in court throughout the trial, which is expected to last six weeks.
Persons: Donald Trump, Stormy Daniels, Keith Davidson, Daniels, Karen McDougal, Trump, Attorney Alvin Bragg, Michael Cohen, Bragg, Juan Merchan Organizations: New, Manhattan, Attorney, Trump Locations: Manhattan, New York City, U.S, New York, Merchan
Former U.S. President Donald Trump speaks to members of the media at Manhattan criminal court in New York, U.S., on Friday, April 26, 2024. The New York criminal trial of Donald Trump is set to resume Tuesday with more testimony from a banker who worked with the former president's lawyer on a $130,000 hush money payment to porn star Stormy Daniels. That payment is at the heart of Manhattan prosecutors' case accusing Trump of falsifying business records as part of a scheme to influence the 2016 presidential election. Gary Farro, a former senior managing director at First Republic bank, took the stand Friday and is poised to continue testifying Tuesday. The historic trial kicked off in state Supreme Court last week with opening statements and testimony from the first witnesses, including former National Enquirer publisher David Pecker and Trump's longtime personal secretary Rhona Graff.
Persons: Donald Trump, Stormy Daniels, Trump, Gary Farro, David Pecker, Rhona Graff, Pecker Organizations: U.S, New, First, National Enquirer, American Media Locations: Manhattan, New York, U.S, First Republic
Former Donald Trump adviser Peter Navarro holds a press conference before turning himself into a federal prison on March 19, 2024, in Miami, Florida. The Supreme Court on Monday denied a request by Peter Navarro, a former advisor to ex-President Donald Trump, to get out of jail while he appeals his four-month sentence for defying a subpoena from the House committee that investigated the Jan. 6 Capitol riot. Navarro claimed that the doctrine of executive privilege shielded him from responding to the subpoena. But much of the information sought by the committee was not covered by executive privilege, and Trump did not assert executive privilege in the first place, noted U.S. Solicitor General Elizabeth Prelogar in a March filing to the Supreme Court.
Persons: Donald Trump, Peter Navarro, Neil Gorsuch, Navarro, Trump's, Joe Biden, Trump, Elizabeth Prelogar Organizations: U.S . Capitol, Supreme Locations: Miami , Florida, Miami, U.S
Former U.S. President Donald Trump waits for the start of proceedings in Manhattan criminal court on April 23, 2024. The New York criminal trial of Donald Trump is set to resume Thursday with more testimony from David Pecker, the former publisher of the National Enquirer and a key player in the former president's alleged hush money scheme. Trump is required to be in Manhattan Supreme Court for his criminal trial. Judge Juan Merchan denied Trump's request to skip at least part of the trial day Thursday to attend the Supreme Court oral arguments. "I made the decision to buy the story because of the potential embarrassment to the campaign and Mr. Trump," he testified.
Persons: Donald Trump, David Pecker, Pecker, Trump, Joe Biden, Judge Juan Merchan, Stormy Daniels, Michael Cohen Organizations: U.S, The New, National Enquirer, Trump, Washington , D.C Locations: Manhattan, The New York, Washington ,
The Supreme Court on Thursday is set to consider whether former President Donald Trump is immune from federal prosecution on criminal election interference charges. Along with Smith's case in Washington, D.C., Trump is charged in Georgia with attempting to reverse his loss to Biden in that state's 2020 contest. Trump will not be at the Supreme Court to hear the oral arguments because he is required to attend his New York criminal trial. ET before the nine justices, three of whom were nominated by Trump during his one term as president. The Supreme Court agreed to take up the case after two lower courts rejected Trump's claim that he is immune from the indictment being prosecuted by Smith.
Persons: Donald Trump, Jack Smith's, Joe Biden, Trump, Smith Organizations: Defense Department, HHS, White, Trump, Washington , D.C, Biden, Supreme Locations: Washington , U.S, Washington ,, Georgia, Manhattan, York
Rep. Devin Nunes, R-Calif., ranking member of the House Intelligence Committee, speaks during an impeachment inquiry hearing in Washington, Nov. 13, 2019. Trump Media CEO Devin Nunes on Tuesday urged House Republican committee leaders to investigate possible "unlawful manipulation" of the company's stock. Trump Media, which began trading on the Nasdaq on March 26 after completing a lengthy public merger, was far and away the most expensive U.S. stock to short as of early April. The letter comes as the stock price of Trump Media, which created the social media app Truth Social and is majority-owned by former President Donald Trump, continues to trend down in volatile trading sessions. The stock dropped nearly 5% early Wednesday but turned positive before noon, trading around $33 per share.
Persons: Devin Nunes, Nunes, Patrick McHenry, Jim Jordan, Jason Smith, James Comer, Donald Trump, DJT Organizations: House Intelligence, Trump Media, Republican, GOP, Nasdaq, Financial Locations: Washington, R, Ohio, Spokespeople
The New York hush money trial of Donald Trump is set to resume Tuesday with testimony from its first witness, former National Enquirer publisher David Pecker. Most either referenced, or linked to articles referencing, Trump's former lawyer Michael Cohen, a key witness in the Manhattan Supreme Court trial. The posts "unquestionably relate to known witnesses and prospective jurors in this criminal trial" in violation of Trump's gag order, a state prosecutor wrote in a court filing Thursday. Defense lawyer Todd Blanche fired back, "I have a spoiler alert: There's nothing wrong with trying to influence an election. Manhattan District Attorney Alvin Bragg accuses Trump of carrying out the hush money scheme in order to influence the 2016 election, which he would go on to win.
Persons: Donald Trump, Stormy Daniels, David Pecker, Pecker, Trump's, Michael Cohen, Jesse Watters, Juan Merchan, Trump, Matthew Colangelo, Todd Blanche, It's, Cohen, Daniels, Attorney Alvin Bragg Organizations: National Enquirer, Manhattan Supreme, Fox News, Liberal, Trump, Manhattan, Attorney Locations: Manhattan, New York City, U.S, York
Prosecutors and defense lawyers in the New York hush money trial of Donald Trump are set Monday to deliver opening statements and start calling witnesses to testify. Cohen paid $130,000 to Daniels less than two weeks before the election, which Trump went on to win. American Media earlier in 2016 also allegedly paid $150,000 to former Playboy model Karen McDougal, who also says she had an extramarital affair with Trump. Trump faces 34 counts of falsifying business records in order to conceal his reimbursement to Cohen for paying off Daniels. Trump in a post Monday morning on Truth Social defended those payments to Cohen as he railed against the DA.
Persons: Donald Trump, David Pecker, Pecker, Trump's, Michael Cohen, Stormy Daniels, Cohen, Daniels, Trump, Karen McDougal, Attorney Alvin Bragg, Bragg Organizations: U.S, Manhattan Criminal, National Enquirer, American Media, NBC News, Trump, Republican, Daniels . Manhattan, Attorney, Social, DA Locations: New York City, New York, Daniels
Fire extinguishers (R) are left at the park across from Manhattan Criminal Court in New York City after a man reportedly set himself on fire during the trial of former U.S. President Donald Trump, in New York City on April 19, 2024. A man set himself on fire Friday outside of the New York courthouse where a jury was being picked for the criminal hush money trial of former President Donald Trump. NBC News reported that the man was in an area across from Manhattan Supreme Court that is cordoned off for protestors. Judge Juan Merchan had been scheduled to hold a hearing Friday afternoon on the admissibility of past conduct by Trump as evidence at the trial. On Tuesday, New York City Mayor Eric Adams was spotted just outside the building.
Persons: Donald Trump, Trump, Judge Juan Merchan, Eric Adams Organizations: Manhattan Criminal, NBC News, Manhattan Supreme, Flames, Trump, Brooklyn Bridge, CNBC, New York Police Department, New York City Locations: Manhattan, New York City, York, Brooklyn, New York
Former U.S. President Donald Trump appears ahead of the start of jury selection at Manhattan Criminal Court on April 15, 2024 in New York City. The New York criminal hush money trial of Donald Trump is poised to get its final five alternate jurors Friday after a full 12-person panel and one alternate were seated a day earlier. Judge Juan Merchan anticipates opening arguments in the Manhattan Supreme Court trial to begin Monday. Trump has said that he would testify in the hush money trial. The presumptive Republican presidential nominee has fumed that the trial is a "scam" and a "witch hunt" aimed to damage his electoral chances against President Joe Biden.
Persons: Donald Trump, Juan Merchan, Alvin Bragg's, Trump, E, Jean Carroll, defaming, Carroll, Merchan, Sandoval, Joe Biden Organizations: U.S, Manhattan Criminal, New, Manhattan Supreme, Trump, Manhattan Locations: New York City, New York, Manhattan
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