Jim Trusty, an attorney for former President Donald Trump, has stated that he expects the Trump legal team to seek a motion to dismiss the historic New York City indictment over the $130,000 hush money payment to Stormy Daniels. Glenn Kirschner, a former U.S. Army prosecutor and legal analyst for MSNBC, has criticized House Judiciary Committee Chair Jim Jordan (R-Ohio) for attempting to probe the indictment, and Trusty has suggested that the Trump legal team will argue that the indictment is "overreaching" and "unconstitutional." It is yet to be seen if the motion to dismiss will be granted.
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The Manhattan District Attorney's Office has been searching for a basis to bring charges against former President Donald Trump for years, leading to a heated debate between House Minority Leader Hakeem Jeffries (D-N.Y.) and House Speaker Kevin McCarthy (R-Calif.). On Monday, three House Republican committee chairmen sent a letter to District Attorney Alvin Bragg requesting he testify before Congress about the potential indictment of Trump in the prosecutor's hush money probe. The District Attorney's Office has yet to comment on the letter, but the debate has brought the potential indictment of Trump to the forefront of the news.
Donald Trump's legal team is taking an unusual step in the ongoing investigation into hush money payments made to Stormy Daniels during his 2016 campaign, requesting that the Manhattan District Attorney's Office call a witness to testify before the grand jury. The witness, attorney Robert Costello, has represented Trump allies, and Trump's legal team is reportedly attempting to use his testimony to discredit Cohen's credibility. MSNBC's Rachel Maddow has warned that Trump is trying to create fear of potential violence in order to raise the civic cost of indicting him.
Credit Suisse, one of the world’s leading banking institutions, saw its shares soar by 30% on Thursday after announcing that it would be borrowing up to $54 billion from the Swiss central bank in order to shore up its finances. This was in response to its biggest shareholder not putting more money into the bank, causing its shares to plunge by 30% the day prior. The Swiss National Bank has provided the necessary funds to ensure Credit Suisse’s financial stability, helping to bolster confidence in the European banking system.
The Swiss National Bank (SNB) and FINMA have jointly announced that Credit Suisse (CS) has met the necessary capital and liquidity requirements. This announcement comes after investors dumped shares in the Swiss bank due to a statement from its biggest backer, Saudi National Bank. The SNB and FINMA have also said that they are ready to provide financial support to Credit Suisse if needed, in order to restore confidence in the banking sector.
Donald Trump's lawyer Joe Tacopina argued that Trump's denial of knowledge of the payments to Stormy Daniels was not a lie because he was following the advice of his then-lawyer Michael Cohen. The exchange between Tacopina and MSNBC's Ari Melber is the latest development in the ongoing investigation into the payments, which could result in criminal charges for Trump.
Fox News is facing a $1.6 billion lawsuit from Dominion Voting Systems for knowingly spreading lies about the 2020 election, leaving staff "shocked and disgusted" and MSNBC host Ari Melber calling out Fox News host Tucker Carlson for "basically admitting" his show is a lie. The lawsuit has left Fox News staffers in the dark and it is unclear how the lawsuit will be resolved and what the consequences may be for the network.
At the 2021 Conservative Political Action Conference (CPAC), Donald Trump topped the straw poll of declared and likely Republican 2024 presidential candidates, earning 62% of the vote. However, the absence of key potential players, such as former Vice President Mike Pence and Florida Gov. Ron DeSantis, has sparked debate among Republicans about how to best set a new course for the party and nominate someone other than Trump in 2024. Former Maryland Gov. Larry Hogan's announcement that he would not run further highlighted the divisions within the party, leaving the question of who will ultimately emerge as the Republican nominee in the next presidential election unanswered.