Tag Archives: CNBC

Trump distances himself from Michael Cohen, says the lawyer handled only 'a tiny, tiny fraction' of his legal work

President Donald Trump on Thursday sought to distance himself from his longtime personal lawyer, Michael Cohen, telling Fox News hosts that Cohen handled only a “tiny, tiny fraction” of his “overall legal work.” Cohen, who has served as Trump’s lawyer for more than a decade, is under federal investigation related to a 2016 payment he Read More…

Without mentioning his buddy Trump by name, France's Macron just tore into the US president's policies

There’s no election for leadership of the “liberal world order” — the U.S.-constructed system of laws and values underpinning American prosperity since World War II. But French President Emmanuel Macron has seized it with words just the same. He underscored that with his speech to a joint meeting of Congress on Wednesday, which got a Read More…

Judge orders hearing in Michael Cohen case as she mulls appointing watchdog for Trump files

A judge considering whether to appoint a special watchdog to review legal files related to President Donald Trump ordered prosecutors and attorneys for Trump’s own lawyer, Michael Cohen, to appear in court Thursday. U.S. District Judge Kimba Wood said Wednesday that she wants an update from prosecutors on the progress in their turning over to Read More…

NFL owners reportedly feared Trump's wrath over kneeling protests during national anthem

NFL owners, in a secret meeting last fall, expressed fears that President Donald Trump would continue pounding the league over players’ protests during the national anthem, The New York Times reported Wednesday. The concerns were aired during a confidential October meeting between players and owners while the controversy over the protests raged in the thick Read More…

Hillary Clinton fundraiser loses Port Authority post after video of her cursing out cops goes viral

A Washington lobbyist who played a leading role in raising money for Hillary Clinton’s presidential runs resigned her commissionership at a top transportation agency after being caught cursing out police on video. “You may shut the f— up!” fumed the lobbyist, Caren Turner, at a Tenafly, NJ, cop during a March 31 traffic stop of Read More…

Trump made dairy access a big issue, but NAFTA 2.0 may bring only 'marginal' concessions from Canada

With a preliminary NAFTA deal possible next week, attention is turning to how it could potentially affect U.S. agriculture. Canada’s dairy market is protected by high tariffs and has been a key bone of contention by the U.S. but experts expect only “marginal” concessions from Ottawa. There’s also an anti-dumping provision aimed at Mexico that Read More…

Defense stocks tumble as market sells off and Trump talks North Korea and Iran with Macron

Top defense companies’ shares declined Tuesday, erasing earlier gains, amid a broader market sell-off. The S&P 500 Aerospace & Defense index, comprised of 13 manufacturers, fell more than 3 percent in late-afternoon trading. The declines came while President Donald Trump discussed fraught international issues with French President Emmanuel Macron at the White House, such as Read More…

Trump's VA secretary pick reportedly faces claims of overprescribing meds and drinking on the job

Senators have delayed the confirmation hearing for Ronny Jackson, the White House physician President Donald Trump picked to lead the Department of Veterans Affairs, as they investigate allegations against the doctor. Jackson faces claims of overprescribing medications and drinking on the job, The New York Times reported Tuesday. It is unclear when specifically the claims Read More…

A plan to split California from the US gets another chance, while others are looking to break up the state

California’s secession movement will get a second try as the state’s “war” against the Trump administration rages on several fronts. On Monday, the California Secretary of State’s Office announced that a secession ballot proposal has been cleared to begin gathering needed signatures. It comes amid other efforts that seek to split up California. “Calexit is Read More…

Not just Congress: Emily's List is pushing Democratic women to flip statehouses, too

CNBC’s John Harwood spoke with Stephanie Schriock, president of Emily’s List, about how the Democratic political action committee spreads its influence among national and state campaigns. Here is an edited excerpt of their conversation. Harwood: When you think about your allocation decisions — limited amounts of money, staff time — how do you calibrate now Read More…

'We just have to win': In Trump era, stakes are higher than ever for Emily's List and Democratic women

A central force behind this year’s midterm election campaign is neither a political party nor a candidate. It’s Emily’s List, which for the last three decades has worked to assist Democratic women in politics. Originally organized around fundraising — Emily is an acronym for Early Money Is Like Yeast — the group now recruits and Read More…

Are Democrats arrogant? Emily's List President Stephanie Schriock doesn't think so

Hillary Clinton faced serious blowback when she derided some of Donald Trump‘s supporters as “deplorable.” CNBC’s John Harwood spoke with Stephanie Schriock, president of Emily’s List, about whether Democratic candidates have problems with being labeled arrogant. Here is an edited excerpt of their conversation. Harwood: I’ve heard this year described as the year of the Read More…