Judge Juan Merchan denied Donald Trump’s motion to dismiss his hush-money conviction, ruling that the charges relate to unofficial conduct, not actions taken while in office. This decision counters Trump’s claim of presidential immunity, as the Supreme Court’s ruling applies only to official acts. The judge’s reasoning centers on the unofficial nature of falsifying records to conceal payments and subsequent communications. While a motion to dismiss the conviction entirely remains pending, the judge’s ruling maintains the conviction for now. Trump’s spokesperson has denounced the decision as a violation of Supreme Court precedent.
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The Republican party’s recent embrace of economic populism masks its intention to weaken consumer protections. A key target is the Consumer Financial Protection Bureau (CFPB), which under Rohit Chopra’s leadership has achieved significant wins for consumers, including savings from reduced credit card and overdraft fees. A second Trump administration would likely dismantle or severely weaken the CFPB, reversing these advancements and prioritizing corporate interests over those of average Americans. This would represent a significant setback for consumer protection and reflect a return to the deregulation that contributed to the 2008 financial crisis. The CFPB’s accomplishments highlight the importance of strong regulatory agencies in protecting consumers from predatory financial practices.
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Following CNN’s report alleging Lt. Gov. Mark Robinson used the alias “minisoldr” to post racist and lewd comments online, Robinson’s use of this username resurfaced during a virtual inauguration planning meeting. Robinson, who denies the allegations and is suing CNN for defamation, explained through his spokesperson that he’s used the username for over two decades. The username’s appearance at the meeting prompted questions from other attendees, though the issue wasn’t directly addressed. Robinson’s defamation suit against CNN is ongoing and has been moved to federal court.
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SoftBank CEO Masayoshi Son pledged a $100 billion investment in the U.S. over four years, aiming to generate at least 100,000 new jobs primarily in AI and related fields. This commitment, announced alongside President-elect Trump, represents a significant increase from a previous $50 billion pledge. The funding will be drawn from SoftBank’s various holdings, potentially including existing investments. This substantial investment underscores Son’s optimism regarding the U.S. economy under Trump’s leadership.
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A recent WalletHub poll reveals that 74 percent of Americans anticipate increased inflation due to President-elect Trump’s proposed tariffs on imports from countries including China, Canada, and Mexico. These tariffs, intended to protect American jobs and punish countries with allegedly unfair trade practices, could add 60 percent to the cost of Chinese goods and up to 20 percent to other imports. Experts warn that these increased costs will likely be passed on to consumers, resulting in higher prices for everyday goods and potentially significant financial losses for middle-income families. The ultimate implementation of these tariffs remains uncertain, contingent upon bipartisan support in Congress.
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Alexander Smirnov, a former FBI informant, pleaded guilty to fabricating a bribery scheme involving President Biden and his son Hunter, a claim central to a Republican impeachment inquiry. This felony plea, along with a separate tax evasion charge, stems from Smirnov’s false allegations to the FBI in 2020. A four-to-six-year prison sentence is recommended. Smirnov’s false claims, despite being deemed unfounded by the FBI in 2020, significantly influenced the Republican investigation. The case was handled by Special Counsel David Weiss, who also prosecuted Hunter Biden.
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Following the assassination of UnitedHealthcare CEO Brian Thompson, Senator Bernie Sanders used the opportunity during an NBC News interview to advocate for universal healthcare in the US. He decried the violence as unacceptable while highlighting the public’s anger towards a healthcare system that prioritizes profit over people’s needs. Sanders emphasized the US’s uniquely low life expectancy and high healthcare costs compared to other developed nations as reasons to implement a system guaranteeing healthcare for all. He reiterated his longstanding support for universal healthcare, citing the recently introduced Medicare for All Act as a potential solution.
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During his first post-election press conference, President-elect Trump falsely claimed a 34-point victory among young voters, a claim contradicted by AP VoteCast data showing Vice President Harris winning this demographic. He attributed his purported success in part to TikTok and podcast appearances, stating he had “a warm spot” for the platform. Considering this, and the upcoming TikTok ban deadline, Trump announced his administration would review the situation. He also credited his son, Barron, for advising on media appearances that allegedly enhanced his youth appeal.
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David Hogg, a Parkland shooting survivor and gun control advocate, is vying for DNC vice chair. His campaign focuses on regaining young voters who shifted towards Republicans in the recent election, critiquing the party’s perceived complacency and reliance on consultants. Hogg advocates for internal reflection and improved youth outreach strategies, emphasizing the urgency of addressing threats to gun safety legislation under a potential Trump presidency. He aims to achieve this through direct engagement with DNC members.
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