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Democratic California Rep. Nancy Pelosi was fact checked on Twitter after falsely claiming that former President Donald Trump will have to prove his innocence. A Manhattan Grand Jury voted Thursday to indict Trump , nearly two weeks after Trump announced on Truth Social that he expected to be arrested. Pelosi weighed in on the breaking news. “The Grand Jury has acted upon the facts and the law. No one is above the law, and everyone has the right to a trial to prove innocence. Hopefully, the former President will peacefully respect the system, which grants him that right.” (RELATED: CNN Analyst Claims Trump Being Indicted On More Than 30 Counts) The Grand Jury has acted upon the facts and the law. No one is above the law, and everyone has the right to a trial to prove innocence. Hopefully, the former President will peacefully respect the system, which grants him that right. — Nancy Pelosi (@SpeakerPelosi) March 31, 2023 A Twitter Community Note below … [Read more...] about Pelosi Gets One Key Point Horribly Wrong On Trump Indictment

Share to Twitter Share to Linkedin Topline Former President Donald Trump’s anticipated arraignment next week on criminal charges will be overseen by the same New York state judge who presided over the Trump Organization and former CFO Allen Weisselberg’s convictions for tax fraud—leading Trump to rail against the judge Friday as the ex-president lashes out against his indictment. Key Facts Trump’s case will be overseen by acting New York State Supreme Court Justice Juan Merchan, who the ex-president claimed on Truth Social Friday “HATES ME.” Merchan, who the New York Times notes previously served as an assistant district attorney in Manhattan—the same office that has now indicted Trump—presided over the Manhattan DA’s previous criminal cases against the Trump Organization and Weisselberg, who were charged with tax fraud related to gifts and other “off-the-books” compensation that executives received without the company paying tax on it. … [Read more...] about Trump’s Criminal Charges To Be Overseen By Same Judge Who Sentenced His Company For Tax Fraud—And He’s Not Happy About It

Share to Twitter Share to Linkedin Topline A federal judge in Texas struck down a provision of the Affordable Care Act that required coverage for a range of preventive services—including for cancer screenings, medications and more—ruling the task force members tasked with enforcing those preventive services were unlawfully appointed. Key Facts U.S. District Judge Reed O’Connor ruled preventive care recommendations made by the U.S. Preventive Services Task Force do not have to be complied with, and blocked the federal government from enforcing the task force’s recommendations. The task force issues recommendations for preventive care services that insurers are then forced to cover, as dictated by the provisions of the Affordable Care Act, meaning the ruling means insurance companies will no longer be bound to cover the preventive services affected. Among the preventive services affected by O’Connor’s order are screenings for breast … [Read more...] about Judge Strikes Down Required Coverage Of Preventive Care—Cancer Screenings, Pregnancy, Medications And More

Share to Twitter Share to Linkedin Topline Billionaire GOP megadonor and onetime ally to former President Donald Trump Ronald Lauder, met with Florida Gov. Ron DeSantis recently as the likely 2024 GOP presidential candidate pitches himself as the adult in the room to wealthy donors amid increasingly incendiary rhetoric from Trump. Key Facts Lauder met with DeSantis, who is widely expected to announce a run for president in early summer, at his Long Island estate several months ago, Politico reported , citing two unnamed sources familiar with the meeting. The reported meeting comes after Lauder—heir to Estée Lauder who has known Trump for decades and helped fund his 2020 reelection bid—said through a spokesperson in November that he will not donate to Trump’s 2024 campaign, though he did not say whom he would support in 2024 and did not comment to Politico on the recent DeSantis meeting. DeSantis is reportedly targeting wealthy New … [Read more...] about Billionaire Ex-Trump Ally Ronald Lauder Met With Ron DeSantis As He Courts Wealthy Execs On Trump’s Turf, Report Says

Share to Twitter Share to Linkedin Topline Sam Bankman-Fried entered a not guilty plea to new federal charges Thursday, according to reporters present at the Manhattan federal court, sticking true to his style and donning an on-brand, unusually casual getup. Key Facts Bankman-Fried, who pleaded not guilty to eight criminal counts in January related to fraud at his cryptocurrency exchange FTX and trading firm Alameda Research, entered the same plea for five additional charges Thursday, including a fresh bribery count for allegedly paying off a Chinese official $40 million in 2021. Photographs of the former billionaire Thursday show him wearing a blue suit and brown loafers, his typical courtroom outfit, but with his own casual touch, keeping his white dress shirt untucked and letting his polka dot tie flop in the wind while entering the courthouse. Bankman-Fried apparently made a slight wardrobe change while in the courtroom, exiting … [Read more...] about Sam Bankman-Fried Pleads Not Guilty To New Bribery Charge—In An Untucked Dress Shirt (Photos)

Share to Twitter Share to Linkedin Topline The national average price for a gallon of gas hit a two-month high Thursday, as gas demand continues to increase heading into the summer while inventories drop, though experts doubt prices will return to their $5 record high recorded last summer. Key Facts The national average for a gallon of gas shot up to $3.46 Thursday, an increase of 5 cents on the week, bringing it to its highest point since the end of January, according to data from GasBuddy . Gas prices have now rebounded more than 40 cents since reaching a low of $3.05 per gallon on December 26. Analysts attribute the rising prices to a combination of high demand and low supplies: Gas demand increased narrowly from 8.81 million barrels per day to 8.82 million barrels over the week ending March 24, while gas reserves dropped from 229.6 million barrels to 226.7 million barrels over the same time, according to Energy Information Agency … [Read more...] about Gas Prices Hit Two-Month High, Though Experts Doubt They Will Rebound To $5—Here’s Where They’re Most Expensive

Share to Twitter Share to Linkedin Topline House Speaker Kevin McCarthy (R-Calif.) brushed off a question about whether the GOP would take any formal action in response to the Nashville school shooting on Thursday, echoing others in the party who have said legislation will not solve gun violence—a sentiment that has enraged Democratic lawmakers, as well as a substantial slice of the electorate. Key Facts McCarthy said, “I don’t think one piece of legislation solves this,” in response to a reporter’s question during an unrelated press conference on Thursday, adding, “We’ve got to deal with mental illness.” McCarthy on Wednesday, in his first comments on the shooting at a private Christian school that left three 9-year-olds and four adults dead, said lawmakers need to “see all the facts” before taking action. McCarthy’s statements parrot those made by other GOP members in recent days, including Rep. Tim Burchett (R-Tenn.), who said Monday, … [Read more...] about McCarthy Says Legislation Won’t Solve Gun Violence In Wake Of Nashville Shooting

Share to Twitter Share to Linkedin Topline The Federal Reserve and Treasury Department fined Wells Fargo $97.8 million on Thursday for allowing a foreign bank to make hundreds of millions of dollars in transactions that were prohibited under U.S. sanctions laws, the latest multi-million-dollar penalty from regulators to hit Wells Fargo in recent years. Key Facts Wells Fargo is accused of allowing an unnamed foreign bank to process $532 million worth of prohibited transactions on its Eximbills financial platform from 2010 to 2015, the Federal Reserve Board said in an announcement. The bank kicked the foreign client off its platform in 2015 and reported the issue to the Fed and the Treasury, according to a filing from U.S. regulators. The Treasury says the bank—which agreed to a settlement with the federal government—violated sanctions against Iran, Syria and Sudan. The Federal Reserve fined the bank $67.8 million, and the Treasury … [Read more...] about U.S. Fines Wells Fargo Nearly $100 Million For Sanctions Violations

Share to Twitter Share to Linkedin Topline Jacob Chansley—whose horned fur hat, American flag face paint and bare chest made him one of the most recognizable January 6 rioters—was released from prison and sent to a halfway house earlier than scheduled this week, which some right-wing figures are celebrating as a victory following a push for his release. Key Facts Federal Bureau of Prisons spokesman Scott Taylor said Chansley was moved Tuesday from his low-level-security prison in southeastern Arizona to a halfway house in Phoenix, where he will be released May 25. Chansley—who also went by “Jake Angeli” and was known as the “QAnon Shaman”—was set for a July release following his 2021 guilty plea for obstructing an official proceeding, after he joined the mob invading the Capitol and became one of a handful of rioters who stood at the presiding seat of the Senate dais. Chansley was first arrested and jailed days after the January 6 riot, and … [Read more...] about ‘QAnon Shaman’ Jacob Chansley Released Early From Prison After Jan. 6 Conviction

Share to Twitter Share to Linkedin Topline House Speaker Kevin McCarthy (R-Calif.) launched a personal attack against President Joe Biden on Thursday, as negotiations between the White House and GOP lawmakers surrounding two high-stakes fiscal issues—the debt ceiling and the federal budget—are deadlocked. Key Facts McCarthy offered Thursday to meet with Biden “tonight” to discuss increasing the U.S.’ federal borrowing limit, offering to bring “soft foods” to a White House lunch if Biden would agree to a sit-down, in what appears to be a ham-fisted attempt to ridicule the president about his age. (At 80, Biden is the oldest president in history.) The offer is a non-starter, however, as the White House has repeatedly called on Congress to pass a debt ceiling increase with no strings attached and said it will not negotiate with Republicans on increasing the borrowing limit, which the federal government is expected to reach some time in late summer. … [Read more...] about McCarthy Mocks Biden Amid Debt Ceiling Standoff—Offering To Bring ‘Soft Foods’ To Negotiating Table