Home Blog Page 84

Trump Sues Judge Overseeing New York Hush Money Trial

By
Madeleine Jackson
-
2
Donald Trump via Gage Skidmore Flickr

On Monday, former President Donald Trump sued the New York judge presiding over his hush-money case over the gag order in an effort to delay the upcoming trial.

Judge Juan Merchan’s gag order bars Trump from attacking witnesses, prosecutors, court staff and the judge’s family.

The Hill has more:

The documents were placed under seal, though several outlets have reported that they pertain to the gag order. The Hill requested comment from Trump’s lawyers and his campaign regarding the lawsuit, which essentially functions as an appeal of the gag order.

Merchan cited Trump’s “uncontested record” of attacks on those involved in his legal matters in his original order curbing the former president’s speech. He originally refrained from gagging Trump, instead choosing to admonish him, but agreed to do so after Bragg’s office requested it last month.

Loren Merchan is also the subject of the former president’s efforts to recuse the judge from the case — an effort he has mounted twice. The most recent bid came Friday, when Trump asked the judge to recuse because his daughter has a “direct financial interest” in the former president’s case, given the firm’s work for his 2024 presidential election opponents.

The eleventh-hour lawsuit against Merchan comes just a week before Trump is scheduled to head to trial in his New York criminal case on April 15.

The former president faces 34 charges linked to hush money payments made by his ex-fixer to porn actress Stormy Daniels to cover up an alleged affair ahead of the 2016 election. He has pleaded not guilty.

On Monday, a judge in New York denied a separate request for a delay in his hush money trial. Trump’s attorneys argued for the trial to be relocated from Manhattan and postponed as they pursue the matter. 

Trump’s attorneys argued for the trial to be relocated from Manhattan and postponed as they pursue the matter. His attorneys argued that Manhattan, a well-known liberal bastion, was not an appropriate location for the Republican president’s case. They requested a change of venue to Staten Island, the only borough in New York City that Trump won in both 2016 and 2020.

House Democrat Files Revenge Bill Following Trump Airport Proposal

    By
    Madeleine Jackson
    -
    3
    Image via Pixabay

    On Sunday, Virginia Rep. Gerry Connolly defended his proposal saying he thinks it’s “only fitting” to name a federal prison after former President Trump

    “Well, there’s a nice federal penitentiary right near Mar-a-Lago. And I just thought for a guy who’s now got 88 criminal indictments pending, criminal — plus two major civil penalty trials that have already been resolved, costing him about a half a billion dollars,” Connolly told MSNBC’s Jonathan Capehart.

    “I think it’s only fitting that if Republicans really want to honor Donald Trump, the most appropriate way to do that is to name a federal prison he might be visiting soon, after Donald J. Trump,” Connolly added.

    Connolly was one of three Democrats to introduce a bill Friday to change the name of the Miami Federal Correctional Institution in Florida to “Donald J. Trump Federal Correctional Institution.” 

    Connolly was joined by Reps. Jared Moskowitz (D-Fla.) and John Garamendi (D-Calif.).

    The proposal came in response to a Republican push to rename Washington Dulles International Airport after Trump.

    Leading Anti-Abortion Group Breaks With Trump Over Latest Announcement

    By
    Madeleine Jackson
    -
    4
    Washington D.C., USA - January 22, 2015; A Pro-Life woman clashes with a group of Pro-Choice demonstrators at the U.S. Supreme Court.

    On Monday, presumptive Republican nominee Donald Trump made his stance on abortion clearer by stating he believes abortion laws should be decided by the states.

    In an announcement on Truth Social on Monday, Trump said he was proud to be the president responsible for overturning Roe v. Wade.

    “My view is now that we have abortion where everybody wanted it from a legal standpoint, the states will determine by vote or legislation or perhaps both, and whatever they decide must be the law of the land,” Trump said. “In this case, the law of the state.”

    “Many states will be different. Many will have a different number of weeks, or some will have more conservative than others, and that’s what they will be,” Trump said. 

    However, Trump stopped short of providing any specifics of at what point abortion should be banned. Last week, he was pressured to give his opinion on a six-week abortion ban set to go into effect in Florida.

    Trump called Florida’s ban a “terrible thing and a terrible mistake” but did not go into specifics.

    “President Trump supports preserving life but has also made clear that he supports states’ rights because he supports the voters’ right to make decisions for themselves,” said Brian Hughes, senior adviser to the Trump campaign. “Where President Trump thinks voters should have the last word, Biden and many Democrats want to allow abortion up until the moment of birth and force taxpayers to pay for it.”

    Trump’s position drew fire from the anti-abortion heavyweight group Susan B. Anthony Pro-Life America.

    “We are deeply disappointed in President Trump’s position. Unborn children and their mothers deserve national protections and national advocacy from the brutality of the abortion industry. The Dobbs decision clearly allows both states and Congress to act,” SBA President Marjorie Dannenfelser said in a statement to the Washington Examiner. “Saying the issue is ‘back to the states’ cedes the national debate to the Democrats who are working relentlessly to enact legislation mandating abortion throughout all nine months of pregnancy. If successful, they will wipe out states’ rights.”

    Trump’s Net Worth Takes Roller Coaster Ride

    By
    Paul Crespo
    -
    0
    Image via Piaxabay

    ANALYSIS – Trump lovers and haters are having quite the ride as Trump’s net worth seems to be on a rollercoaster.

    The Wall Street debut of Trump Media & Technology Group (TMTG) – whose flagship product is the social media platform “Truth Social” – boosted Donald Trump’s stock on paper, but the value of his shares has since plummeted. (RELATED: Truth Social Co-Founders Sue Donald Trump)

    Will Trump’s 2024 presidential campaign help boost his worth again?

    As I recently wrote about, Trump’s net worth soared to at least $6.4 billion – up nearly $4 billion – last week after investors approved his social media company’s merger with Digital World. Tuesday, March 27, was its first day as an independently traded public company.

    This briefly made the former president one of the 450 richest people in the world.

    Even though Trump Media, which trades under the ticker DJT (Trump’s initials) is losing money and generating scant revenue, Wall Street had valued the company at as much as $11 billion based on the stock’s closing price Friday, according to Renaissance Capital.

    By Monday afternoon that valuation tumbled to about $8.8 billion.

    It closed at $48.66 per share, a 26.5% drop from its $66.22. The plunge came after Trump Media unveiled its 2023 results for the first time, revealing full-year revenues of $4.1 million on a net loss of $58.2 million.

    Trump’s company has said it expects to continue losing money for a while, and at least one expert says it’s likely worth far less than the stock market suggests.

    Trump, who owns 78.5 million shares in Trump Media, about 57% of all shares, saw his stake in the social media business fall in value by $1.4 billion. At Monday afternoon’s prices, that stake is now worth approximately about $3.8 billion. (RELATED: Wall Street Journal Rips Into Biden for Now-Infamous Tweet)

    Trump’s nearly 79 million shares of Trump Media & Technology Group are now – by far – his largest asset, worth nearly twice as much as all his real estate, resort and cash holdings combined.

    Meanwhile, CNN reported: “The problem for Trump Media is its main product — Truth Social — is shrinking.” It added “Monthly active US users on iOS and Android plunged in February to 494,000, down 51% year-over-year.”

    “By comparison,” CNN noted, “X has 75 million monthly active US users. Even Threads has more than 10 times as many users as Truth Social.”

    CNN continued:

    While Trump Media made just $4.1 million in revenue in 2023, rival X (formerly known as Twitter) raked in more than 100 times that much — $665 million — in 2013, ahead of its initial public offering in November 2013. Twitter also generated just over $5 billion in revenue in the final year before it was taken private by Elon Musk.

    In fact, Truth Social’s financials are comparable to that of The Messenger, the upstart digital news outlet that imploded earlier this year. Citing an investor deck, CNBC reported in January that The Messenger posted 2023 revenue of $3.8 million and a net loss of $43 million.

    But this year may decide the future of Trump’s net worth, at least related to his media company. Matthew Kennedy, senior IPO strategist at Renaissance Capital said, according to CNN:

    2024 is the make-or-break year for this company. For TMTG the thing that matters now is getting in front of the cash cannon that is the 2024 presidential election. And the company does have one notable advantage. Trump-backed super PACs have raised millions. Where do you think they’ll spend their digital ad buckets?

    Opinions expressed by contributors do not necessarily reflect the views of Great America News Desk.

    No Labels Ends 2024 Unity Ticket Plan

    By
    admin
    -
    0
    Missvain, CC BY 4.0 via Wikimedia Commons

    Despite voting to proceed with its bid to shake up the 2024 presidential election, the centrist group No Labels announced Thursday that it is scrapping its plans to field a third-party candidate this year.

    “Americans remain more open to an independent presidential run, and hungrier for unifying national leadership, than ever before,” stated the organization. “But No Labels has always said we would only offer our ballot line to a ticket if we could identify candidates with a credible path to winning the White House. No such candidates emerged, so the responsible course of action is for us to stand down.” (RELATED: Popular Dem Strategist Blames ‘Preachy Females’ For Disappointing Polls)

    Last month, 800 delegates from all 50 states convened for a private meeting to approve the organization’s increasingly desperate plan to push an independent ticket.

    In a press release, No Labels National Convention Chair Mike Rawlings asserted that voters remained extremely dissatisfied with Joe Biden and Donald Trump, making a case for a third-party candidacy.

    The group indicated that they were open to both Democrats and Republicans and would ideally serve as a “unity” option for anyone disillusioned by partisan politics.

    However, on March 18, former Georgia Lt. Governor Geoff Duncan (R) announced his withdrawal from consideration to run on a third-party presidential ticket backed by No Labels. (RELATED: Former Republican Lieutenant Governor Tells CNN Trump Has Values Of ‘Axe Murderer’)

    “It was an honor to be approached, and I am grateful to all those who are engaged in good-faith efforts to offer Americans a better choice than the Trump vs. Biden re-match,” Duncan said in a statement.

    Former Maryland Gov. Larry Hogan (R) has chosen to run for the U.S. Senate as a Republican instead of launching a third-party bid for the White House. Additionally, former Republican presidential candidate Nikki Haley (S.C.), Sen. Joe Manchin (D-W.Va.), and former Utah Gov. Jon Huntsman (R) all made clear they were not interested in running.

    Article Published With The Permission of American Liberty News

    Former Trump Lawyer Responds To Disbarment Push

    By
    Madeleine Jackson
    -
    2
    Gavel via Wikimedia Commons Image

    Former President Trump’s ex-attorney John Eastman responded to a California judge’s effort to have him disbarred over his role in attempting to overturn the 2020 election saying he’s optimistic he will win his appeal.

    Eastman said in an interview on conservative network Frank Speech on Thursday that “there’s a lot of water to go under the bridge yet” before the state Supreme Court hears his case.

    “If the law was faithfully followed, this case should have never been brought in the first place,” he said. 

    “We had a disagreement on the facts of the 2020 election. We had a disagreement on the constitutional interpretation on issues that have never been settled,” Eastman continued. “That has never been the basis of disciplinary action.”

    State Bar Judge Yvette Roland found Eastman culpable in 10 of 11 charges against him.

    “In view of the circumstances surrounding Eastman’s misconduct and balancing the aggravation and mitigation, the court recommends that Eastman be disbarred,” she wrote in a 128-page decision.

    He also revealed he has been subpoenaed as part of a civil suit brought by a group of Capitol Police officers against Trump. The officers claim Trump is responsible for Jan. 6, and they hope to elicit financial penalties for the violence they suffered in the riots.

    “I just got a subpoena served on us last week by the Capitol Police officers seeking everything, all of my communications with the president and anybody else,” he said. “They’ve completely blown through attorney-client privilege.”

    While his case is under appeal, Eastman is suspended from practicing law in California. 

    Report: Two Republican Congressmen Subpoenaed In Trump Probe

    By
    Madeleine Jackson
    -
    2
    Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 via Wikimedia Commons

    Two Republican Congressmen have been subpoenaed as part of a probe into a scheme that attempted to overturn the results of the 2020 presidential election in the state of Arizona.

    According to a Politico report, the investigation by Arizona Attorney General Kris Mayes is similar in nature to those in other states Donald Trump lost, where the former president and his allies attempted to advance slates of pro-Trump electors for recognition in the Electoral College.

    Reps. Andy Biggs and Paul Gosar have been ordered to testify before a grand jury, noting:

    There is no indication that Arizona Attorney General Kris Mayes, who is leading the probe, is considering bringing criminal charges against either lawmaker. And it’s unclear whether Mayes has insisted on enforcing the subpoenas against the lawmakers, who may have legal bases to resist testifying.

    But the subpoenas themselves — in conjunction with a series of other aggressive recent moves — show that Mayes, a Democrat, has cast a far wider net in her probe than previously understood.

    Politico said it reviewed a letter dated Feb. 16 from Gosar to Speaker Mike Johnson (R-LA) apprising the speaker of the subpoena.

    The pair of GOP congressmen mark the latest Trump allies to be subpoenaed in Mayes’ Investigation. Last month, she subpoenaed former Trump campaign aide Michael Roman.

    Electors in Michigan and Nevada, where similar schemes were attempted, have already been indicted in those states.

    Judge Rejects Trump Attempts To Toss Cases

    By
    Madeleine Jackson
    -
    0
    Gage Skidmore Flickr

    On Thursday, Judge Scott McAfee rejected Donald Trump’s attempt to toss the election interference charges under the First Amendment.

    According to The Hill, Trump and some of his co-defendants had contended their charges must be tossed because their efforts to contest the 2020 election comprised constitutionally protected “core political speech.” 

    “Even core political speech addressing matters of public concern is not impenetrable from prosecution if allegedly used to further criminal activity,” Judge Scott McAfee wrote in the 14-page ruling.

    McAfee said only a jury can decide the question of whether the speech at issue was carried out with criminal intent. His ruling leaves open the possibility that Trump could still raise a First Amendment defense down the road, once the factual record is more developed. 

    Fulton County District Attorney Fani Willis (D) last summer indicted Trump and more than a dozen of his allies on charges of entering a months-long criminal conspiracy to overturn Joe Biden’s 2020 victory in Georgia. Trump pleaded not guilty, and a trial date has not yet been set. 

    Trump and his co-defendants still have various other pending motions seeking to toss their charges without a trial.

    Those efforts include Trump’s presidential immunity defense, which is likely to be impacted by the Supreme Court’s ruling on Trump’s near-identical defense to his federal election interference indictment brought in Washington, D.C.

    “President Trump and other defendants respectfully disagree with Judge McAfee’s order and will continue to evaluate their options regarding the First Amendment challenges,” Trump attorney Steve Sadow said in a statement, emphasizing how Trump could again raise some of his claims at a later time. 

    In the separate classified documents case, Florida Judge Aileen Cannon also refused to throw out the charges against the former President.

    The ruling from U.S. District Court Judge Aileen Cannon comes after special counsel Jack Smith urged her to promptly reject Trump’s claims that the Presidential Records Act (PRA) allowed him to deem the national security records his personal property.

    “The Presidential Records Act does not provide a pre-trial basis to dismiss,” Cannon wrote in the three-page ruling.

    While the ruling is seemingly a win for Smith, Cannon didn’t rule out Trump’s ability to raise the issue at trial

    Peter Navarro Files Request With Supreme Court

    By
    Madeleine Jackson
    -
    0
    Duncan Lock, Dflock, CC BY-SA 3.0 via Wikimedia Commons

    Former Trump administration adviser Peter Navarro filed a request asking the Supreme Court to review his plea to get out of prison.

    On Tuesday, Navarro’s lawyers asked Justice Neil Gorsuch to look over the request initially denied by Roberts. The Supreme Court allows parties to resubmit requests to individual justices if their emergency appeals are denied by a separate single justice.

    “We respectfully request that our application for an order staying the execution of the district court’s order requiring Dr. Navarro submit to the custody of the Bureau of Prisons be renewed with the Honorable Associate Justice Gorsuch,” Navarro’s attorneys, Stan M. Brand and Stanley E. Woodward, Jr., said.

    It’s the second time Navarro’s asked the nation’s highest court to set him free while he challenges his conviction. Chief Justice John Roberts shut down the first request last month, a day before Navarro went to prison on March 19. 

    Navarro, 74, was convicted last year on two counts of contempt of Congress.

    Report: Brothers Plead Guilty To Insider Trading Tied to Trump Media Company

      By
      Madeleine Jackson
      -
      1
      Arrest image via Pixabay

      Two brothers pleaded guilty in federal court Wednesday for their roles in an insider trading scheme.

      Florida venture capitalist Michael Shvartsman, 53, and his brother, Gerald, 46, each pleaded guilty to one count of securities fraud, which carries a maximum sentence of 20 years in prison. U.S. District Judge Lewis Liman set the brothers’ sentencing hearing for July 17.

      According to the Department of Justice, the brothers obtained confidential information about details of the deal, including the timeline of its announcement, and then bought millions of dollars’ worth of DWAC securities on the open market before the merger with Trump Media went public.

      The Hill reports:

      “Michael and Gerald Shvartsman admitted in court that they received confidential, inside information about an upcoming merger between DWAC and Trump Media and used that information to make profitable, but illegal, open-market trades,” U.S. Attorney Damian Williams said in a press release Wednesday from the Department of Justice.

      “Insider trading is cheating, plain and simple, and today’s convictions should remind anyone who may be tempted to corrupt the integrity of the stock market that it will earn them a ticket to prison,” Williams added.

      The Shvartsmans were arrested last June, along with a third individual, Bruce Garelick, who had worked at Michael Shvartsman’s Rocket One Capital venture firm. Garelick, who was placed on DWAC’s board of directors, is accused of providing critical information to the brothers about the forthcoming deal in 2021. Garelick is set to go to trial at the end of this month.

      1...838485...225Page 84 of 225
      © Great America News Desk 2022