By now everyone expects that Congress will pass another stimulus package. The calculus is simple: we are in a recession in an election year. Lawmakers will pass something so that they have something to talk about when they head home to campaign in the Fall. A reasoned consideration of the matter would include acknowledging that
Politics
Attorney General William Barr listens as United States President Donald J. Trump, unseen, speaks in the Rose Garden of the White House in Washington, D.C., U.S., on Tuesday, June 16, 2020. Stefani Reynolds | Bloomberg | Getty Images Attorney General William Barr spoke with President Donald Trump about Roger Stone and recommended against granting him
President Donald Trump wears a mask as he walks down the hallway during his visit to Walter Reed National Military Medical Center in Bethesda, Md., Saturday, July 11, 2020. Patrick Semansky | AP President Donald Trump wore a mask during a public visit to Walter Reed National Military Medical Center on Saturday, after long resisting
A woman drops off her main in ballot outside the Denver Elections Division polling center as she votes in the primary election on June 30, 2020. Michael Ciaglo | Getty Images Voting officials are concerned that drastic changes to election procedures in response to the coronavirus will confuse voters in November. Dozens of states have
Roger Stone, departs following a status hearing in the criminal case against him brought by Special Counsel Robert Mueller at U.S. District Court in Washington, U.S., March 14, 2019. Joshua Roberts | Reuters President Donald Trump on Friday fully commuted the criminal sentence of his longtime ally Roger Stone, just four days before the Republican
Members of the news media gather outside the U.S. Supreme Court, where justices made it clear that a sitting president cannot evade criminal investigations, ruling that a prosecutor in New York City can obtain President Donald Trump’s financial records including tax returns, in Washington, July 9, 2020. Leah Millis | Reuters On the last day
The Supreme Court on Thursday delivered split opinions in two cases over whether President Donald Trump can shield his tax records from investigators, handing a win to the Manhattan district attorney but rejecting efforts by House Democrats. Both cases were decided 7-2, with Chief Justice John Roberts authoring the court’s opinions and joined in the
Joe Biden took to the podium Thursday in Dunmore, Pennsylvania, to unveil his economic platform as a candidate running for president of a country facing simultaneous economic, health and racial crises. The presumptive Democratic nominee’s message was different than the one he laid out previously in the swing state in 2019, when the unemployment rate was around
The Supreme Court on Wednesday voted 7-2 to uphold Trump administration rules to allow employers with sincere moral or religious objections to deny employees access to free contraceptive coverage. The rules broadened a carve-out to the contraceptive coverage mandate included in the Affordable Care Act, the health-care overhaul commonly known as Obamacare. According to government estimates,
WASHINGTON — President Donald Trump ramped up his pressure campaign to get public schools to fully reopen amid the coronavirus pandemic, tweeting Wednesday that he may withhold federal funding from schools that do not resume in-person classes this fall. The tweet was the latest step in an administration-wide effort to convince schools nationwide that
Donald Trump and father Fred Trump at opening of Wollman Rink, Nov. 6, 1987. Dennis Caruso | New York Daily News | Getty Images WASHINGTON — President Donald Trump is a textbook narcissist and his late father, the real estate developer Fred Trump Sr., was a sociopath, writes the president’s niece, Mary Trump, a clinical
U.S. President Donald Trump is seated with first lady Melania Trump as he listens during an event on reopening schools amid the coronavirus disease (COVID-19) pandemic in the East Room at the White House in Washington, July 7, 2020. Kevin Lamarque | Reuters WASHINGTON – President Donald Trump on Tuesday said the White House plans
Protesters demonstrate against President-elect Donald Trump outside Independence Hall November 13, 2016 in Philadelphia, Pennsylvania. Mark Makela | Getty Images States can require Electoral College voters to back the victor of their state’s popular vote, the Supreme Court ruled unanimously on Monday, in a major dispute that could have an impact on November’s presidential contest.
Treasury Secretary Steven Mnuchin speaks as U.S. President Donald Trump and White House senior adviser Ivanka Trump listen during an East Room event highlighting Paycheck Protection Program (PPP) loans for small businesses adversely affected by the coronavirus disease (COVID-19) outbreak, at the White House in Washington, U.S., April 28, 2020. Carlos Barria | Reuters The
NEW YORK, NY – SEPTEMBER 20: Ghislaine Maxwell attends day 1 of the 4th Annual WIE Symposium at Center 548 on September 20, 2013 in New York City. (Photo by Laura Cavanaugh/Getty Images) Laura Cavanaugh | Getty Images A federal judge in New Hampshire on Thursday ordered Ghislaine Maxwell sent to New York City to
Several U.S. ambassadors actively shed their stock holdings as President Donald Trump tried to downplay the coronavirus outbreak in its early stages. Ambassadors to Uruguay, France, Morocco and Italy sold shares in transactions that could have made them millions of dollars, according to financial disclosure filings reviewed by CNBC. Much of their sales were in January
Former Obama economic advisor Jason Furman told CNBC on Thursday that the U.S. government should consider mailing everyone a face covering to help slow the spread of the coronavirus. “A fiscal stimulus plan that would have incredibly high bang for the buck would be for the government to print up masks … and mail them out
President Donald Trump’s response to the coronavirus crisis and widespread protests over racial injustice have landed him “in big trouble” ahead of November’s election, according to one politics expert. Speaking to CNBC’s “Street Signs Europe” on Friday, Inderjeet Parmar, professor of International Politics at City University, said Trump had been given two political gifts —