Donald trump

Share to Twitter Share to Linkedin Did we really need another Twitter? That’s a good question to ask right now. With remarkably similar features, an unfiltered approach to disseminating political news, and a shaky business model, Truth Social debuted in late 2021 as a direct competitor to Twitter. Recently, the app has run aground financially , even to the point where the hosting provider has cried foul . A merger attempt also dried up . Meanwhile, if you are an Android phone user, you may have noticed the app is conspicuously absent. I first started testing Truth Social a few months after launch . It took a while to gain access, because the app throttled who could start using the platform. Even back then, the soft launch reminded me of how the Clubhouse app couldn’t quite keep pace with user onboarding and also didn’t work with Android . I mentioned how I had “finally” tested the Truth Social app, and was not impressed. ADVERTISEMENT … [Read more...] about Is It Time To Close Donald Trump’s Truth Social?

Share to Twitter Share to Linkedin Former President, and The Apprentice star, Donald Trump has again found himself as the focal point of an investigation , this time by New York Attorney General Letitia James. Ms James is in the process of suing the former president and three of his children for fraud, with the aim of getting them barred from doing business in the state. At a news conference, Ms James said she was referring the civil case to federal prosecutors to proceed with potential criminal investigations and subsequent charges. “We’re filing a lawsuit against Donald Trump for violating the law as part of his efforts to generate profits for himself, his family, his company,” Ms James said. “The complaint demonstrates that Donald Trump falsely inflated his net worth by billions of dollars to unjustly enrich himself and to cheat the system, thereby cheating all of us.” The civil suit identifies that Donald Trump, alongside Erik … [Read more...] about Former Federal Prosecutor On The New York Attorney General’s Case Against Donald Trump And Three Of His Children

Share to Twitter Share to Linkedin Today we report on Steve Bannon’s latest indictment, look at crypto legislation and catch up with Lev Parnas. D onald Trump stored classified documents at Mar-a-Lago, including in his office, according to recent court filings by the Justice Department. Thousands of guests have made the pilgrimage to Mar-a-Lago since Trump left office, getting them into a private club-cum-home that housed some of the country’s most-sensitive information. Last week, Forbes published the identities of about 25 people who visited Trump in his office . Here are even more. Accompanying Trump and former European Parliament member Nigel Farage in this photo posted in April are British property developer Nick Candy and Australian actress and singer Holly Valance, according to a report by the Sydney Morning Herald in April. Similarly, a post we reported on that shows the mayor of Hialeah, Florida , Esteban Bovo Jr., in … [Read more...] about Checks & Imbalances: See Who Else Has Visited Trump’s Mar-A-Lago Office

Share to Twitter Share to Linkedin Topline The U.S. Supreme Court dismissed two cases against former President Donald Trump Monday that alleged the president violated the Emoluments Clause by illegally profiting off the presidency, saying the cases are now moot as Trump has left the White House. Key Facts Article I of the U.S. Constitution stipulates presidents and other officials cannot profit off their office, stating they cannot “accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State,” and presidents cannot “receive...any other Emolument from the United States, or any of them.” Ethics watchdog group Citizens for Responsibility and Ethics in Washington (CREW) sued Trump on behalf of hospitality workers who believe they suffered because of Trump’s presidency, alleging foreign and domestic officials patronized Trump Organization businesses to curry favor with the president instead of … [Read more...] about Supreme Court Dismisses Trump Emolument Cases

Share to Twitter Share to Linkedin Topline Donald Trump told administration officials after the 2020 election he intended to stay in the White House as he touted false claims of election fraud leading up to the January 6, 2021 Capitol riots, according to a scoop from New York Times reporter Maggie Haberman’s forthcoming book on the former president shared with CNN Monday morning. Key Facts Trump told an aide “we’re never leaving” office, according to the report, asking, “How can you leave when you won an election?” Citing an aide, Haberman reports Trump told Ronna McDaniel, chair of the Republican National Committee, "Why should I leave if they stole it from me?" Though Trump’s refusal to concede the election for two months was unprecedented, this is the first reporting on Trump actually announcing his intentions to remain in the White House following the conclusion of his term on January 20, 2021. Trump’s refusal came after an … [Read more...] about ‘We’re Never Leaving’: Trump Said He’d Refuse To Leave Office After 2020 Election, Book Says

Share to Twitter Share to Linkedin Topline Attorneys for former President Donald Trump argued a federal judge should not allow the DOJ to hold on to 100 classified documents it seized at Mar-A-Lago and not turn them over to a third-party “special master,” claiming in a court filing Monday that Trump rightfully had access to the documents and may have declassified some of them. Key Facts Trump’s legal team responded Monday to a request from the DOJ asking U.S. District Judge Aileen M. Cannon to partially pause her order granting a special master to review White House documents seized from Mar-A-Lago, by allowing the DOJ to hold on to a select number of classified documents and not turn those over to the special master. Trump told the court it should not grant that request, claiming the judge’s ruling was “a sensible preliminary step towards restoring order from chaos” and Trump “has an absolute right of access” to any presidential records under … [Read more...] about Trump Opposes DOJ Request To Block Special Master From Seeing Classified Documents

Share to Twitter Share to Linkedin Investors' early reaction to the election of Donald Trump as the 45th president of the United States signals the balance of power on Wall Street may be shifting anew. Jamel Toppin/The Forbes Collection The winners on Wall Street after the financial crisis like Blackstone Group, KKR, Apollo Global, and Carlyle Group benefited from a new era of financial regulation under President Obama that transferred risk-taking from too-big-to-fail banks like Goldman Sachs, Morgan Stanley, JPMorgan and Bank of America and put it into less systemically-important entities. The Federal Reserve's crisis-averting low interest rate policies further cut into bank bottom lines, but made it cheaper for private equity giants to finance acquisitions and offer above-market returns to institutional investors. Read More: Global Markets Pare Heavy Losses After Donald Trump Sweeps Into Presidency In the aftermath, private equity … [Read more...] about Bank Stocks Get A Donald Trump Bounce As Market Points To Shift In Wall Street Power

Share to Twitter Share to Linkedin Bank stocks posted one of the biggest rallies in years after Donald Trump was elected president of the United States and investors positioned for a new Republican consensus supporting increased fiscal spending, steepening the yield curve. A more normal bond market supports the top lines of banks, but the rally also reflects expectations that Trump will roll back regulations across the industry, lowering administrative burdens and freeing firms to release capital or increase lending. “There will be a re-examination of regulation across the financial industry. But I think it will be focused on smaller banks,” says Tom Michaud, chief executive of Keefe, Bruyette & Woods, an investment bank focused on the financial sector. Michaud says the most obvious regulatory rollback should be to raise the $50 billion threshold in which lenders are deemed a systemically important financial institution and subject to greater oversight … [Read more...] about Why Donald Trump’s Election Is The Best Thing That’s Happened For Banks In Years

Share to Twitter Share to Linkedin Topline Attorneys for former President Donald Trump told a judge Monday they don’t support assigning either of the two jurists suggested by the Department of Justice to pore through documents seized from Mar-A-Lago, but Trump’s team didn’t explain their concerns out of a desire to be “respectful.” Key Facts In a filing , Trump’s legal team said “there are specific reasons why [the DOJ’s] nominees are not preferred for service” as a special master, or an independent court-appointed arbiter who can review whether any of the seized Mar-A-Lago records are privileged. However, the former president asked a federal judge for permission to explain why they’re opposed to the DOJ’s candidates “in camera,” or during a private meeting with the judge, arguing “it is more respectful to the candidates from either party to withhold the bases for opposition from a public, and likely to be widely circulated, pleading.” … [Read more...] about Trump Objects To DOJ’s Special Master Picks—But Wants To Explain Why Privately

Share to Twitter Share to Linkedin Topline MyPillow CEO Mike Lindell claimed the FBI seized his cellphone on Tuesday and served him with a subpoena as part of an investigation into the alleged breach of voting machines in Colorado, prompting a swift rebuke on social media from former President Donald Trump who, like Lindell, continues to promote baseless and debunked conspiracy theories about the 2020 election. Key Facts Lindell, who has previously been sued for his baseless claims that the 2020 election was stolen from Trump, posted on social media that the FBI served him with a grand jury subpoena related to an investigation over alleged election tampering in Colorado. Lindell told multiple news outlets—including the New York Times , CNN and the Daily Beast —that the Bureau seized his cellphone while at a Hardee’s restaurant in Minnesota Tuesday afternoon and questioned him over his ties to Tina Peters, the Mesa County, Colorado, … [Read more...] about Trump Claims MyPillow CEO Mike Lindell ‘Raided’ By FBI After His Cellphone Was Seized At A Hardee’s Drive-Through