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Johnson shuts door on House vote before Sept. to release Epstein files

Johnson shuts door on House vote before Sept. to release Epstein files

CNN2 days ago
Johnson shuts door on House vote before Sept. to release Epstein files
Speaker Mike Johnson said he does not plan to allow votes on any measures related to the Jeffrey Epstein case before September, despite intense pressure from some of his own GOP members.
01:10 - Source: CNN
Vertical Politics of the Day 15 videos
Johnson shuts door on House vote before Sept. to release Epstein files
Speaker Mike Johnson said he does not plan to allow votes on any measures related to the Jeffrey Epstein case before September, despite intense pressure from some of his own GOP members.
01:10 - Source: CNN
Epstein accuser recounts Trump's late-night visit to Epstein's office
Jeffrey Epstein accuser Maria Farmer talks to CNN's Erin Burnett about an interaction she had with President Donald Trump and Jeffrey Epstein when she was 25. The White House denies that President Trump visited Jeffrey Epstein's office
03:44 - Source: CNN
Will Commanders' billionaire owners give in to Trump?
President Donald Trump has threatened to restrict a stadium deal with the NFL's Washington Commanders if they don't change the team name back to 'Redskins.' CNN Contributor and Prime Video host of "The Cari Champion Show" Cari Champion says she has 'a hard time believing' the owners will capitulate.
02:10 - Source: CNN
An inside look at one of the most coveted offices in the US Capitol
Sen. Chris Coons (D-Delaware) gives CNN's Dana Bash a tour of his office once occupied by the late Senator John McCain, as well as a "hideaway" that offers an impressive view and backdrop for bipartisan discussions both senators are known for.
02:17 - Source: CNN
Harvard takes on Trump administration in court
Harvard University was back in court for a hearing in its funding fight case against the Trump administration, who froze more than $2 billion in federal funding for research this Spring. Harvard lawyer Steven Lehotsky argued the government is in 'blatant and unrepentant violation' of the First Amendment, as well as Title VI of the Civil Rights Act. CNN's Betsy Klein reports.
01:51 - Source: CNN
Democrats walk out before vote for controversial Trump nominee
Senate Judiciary Committee Republicans voted on Thursday to advance the nomination of Emil Bove, President Donald Trump's former personal attorney, to a federal judgeship, over the loud protests of Democrats.
01:42 - Source: CNN
Trump's 'Manosphere' problems
Influential podcasters with large audiences of millennial and Gen Z men helped propel President Donald Trump to victory in 2024. Now some of those same voices are sharing criticisms of the current administration. CNN's Steve Contorno breaks it down.
01:56 - Source: CNN
Trump DOJ fires federal prosecutor in Epstein case
Maurene Comey, a federal prosecutor in the case against accused sex trafficker Jeffrey Epstein and the daughter of former FBI Director James Comey, has been fired from her job in the Southern District of New York, according to people familiar with the situation.
01:56 - Source: CNN
Bernie Sanders calls Trump's GOP 'cult of the individual'
Sen. Bernie Sanders (I-VT) tells CNN's Anderson Cooper that Republicans developed an almost Stalinist-type devotion to President Donald Trump.
00:45 - Source: CNN
This Native American senator brings Oklahoma ranch style to Washington
Sen. Markwayne Mullin (R-Oklahoma) gives CNN's Dana Bash a tour of his Capitol office, which showcases his Cherokee heritage and rancher lifestyle.
02:35 - Source: CNN
Ex-Trump business associate on Trump's friendship with Epstein
CNN's Erin Burnett speaks with former Trump Plaza Hotel and Casino COO Jack O'Donnell about one of President Trump's previous interactions with Jeffrey Epstein.
02:27 - Source: CNN
Fearing ICE crackdown, this family self-deports
Fearing increased immigration enforcement, undocumented immigrant Julio Mendoza and his American wife, Sasha, made the difficult decision to self-deport to Mexico with their three children, all of whom are US Citizens. CNN's Priscilla Alvarez reports.
01:35 - Source: CNN
How Trump's image is changing inside Russia
Once hailed as a pro-Kremlin figure, President Donald Trump's image is changing inside Russia. It comes after Trump vowed further sanctions on the country if a peace agreement with Ukraine is not reached in 50 days. CNN's Chief Global Affairs Correspondent is on the ground in Moscow with the analysis.
01:41 - Source: CNN
Rep. Jasmine Crockett responds to Trump saying she should take IQ test
CNN's Laura Coates speaks with Rep. Jasmine Crockett (D-TX) about President Donald Trump's comments that she and Rep. Alexandria Ocasio-Cortez should take an IQ test.
01:05 - Source: CNN
Trump says interest in Epstein files is 'pretty boring stuff'
President Donald Trump said he doesn't understand his supporters' continued interest in the Epstein files, calling it "boring," while also reiterating his call for anything 'credible' to be released.
00:56 - Source: CNN
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Lara Trump skips North Carolina US Senate race, clears way for Cooper versus Whatley
Lara Trump skips North Carolina US Senate race, clears way for Cooper versus Whatley

Yahoo

time22 minutes ago

  • Yahoo

Lara Trump skips North Carolina US Senate race, clears way for Cooper versus Whatley

By Richard Cowan WASHINGTON (Reuters) -President Donald Trump's daughter-in-law Lara Trump on Thursday said she would not run for the U.S. Senate in North Carolina next year, setting the stage for an expected matchup of former Democratic Governor Roy Cooper and Republican National Committee Chairman Michael Whatley. Republicans currently hold a 53-47 majority in the Senate, and North Carolina will be the site of one of the half-dozen most competitive races in next year's midterm elections, following Republican Thom Tillis' decision not to seek reelection. "After much consideration and heartfelt discussions with my family, friends, and supporters, I have decided not to pursue the United States Senate seat in North Carolina at this time," Lara Trump said in a posting on X on Thursday. Multiple U.S. media outlets, citing unnamed sources, have reported that Whatley and Cooper intend to enter the race. The two could not be reached for comment on Thursday. North Carolina is one of six Senate races that are seen as competitive by political analysts. The other five are in Georgia, Maine, Michigan, Minnesota and New Hampshire. Democrats face an uphill battle in capturing control of the chamber, as they would need to defend seats in Michigan, Minnesota and New Hampshire where incumbents are retiring and flip at least four Republican-held seats for a majority. They are seen as having better odds of capturing the House of Representatives, though efforts underway in heavily Republican Texas to redraw district lines could dim their chances in that chamber as well. Tillis opted not to seek reelection after drawing Trump's ire for voting against a sweeping tax-cut bill that will cut Medicaid funding. That may have provided Democrats with the ammunition to help sway the state's rural voters. "It would result in tens of billions of dollars in lost funding for North Carolina, including our hospitals and rural communities," Tillis said of the massive bill the Senate passed on July 1. Cooper also blasted the bill in a July 3 posting on social media, saying that it hurt "working families, seniors, children and veterans so those at the top can have big tax breaks." On Monday, in his role as Republican National Committee head, Whatley posted criticism on social media of Representative Abigail Spanberger, the Democrat running for governor of Virginia this year. His missive might provide a hint on how a head-to-head matchup with Cooper might look. "She's an open-borders, pro-DEI, radical leftist who put America last in Congress and would do the same if she's elected as governor," Whatley said of Spanberger.

Cut 'Em Loose With No Government Props
Cut 'Em Loose With No Government Props

Forbes

time22 minutes ago

  • Forbes

Cut 'Em Loose With No Government Props

(CFOTO/Future Publishing via Getty Images) CFOTO/Future Publishing via Getty Images The Trump Administration is seriously considering privatizing Fannie Mae and Freddie Mac. It's long past time that it did this. The business of these two giants is to bundle and sell mortgages to investors with a government guarantee. That is, investors are covered if there are losses because of homeowner defaults. Washington, via the Federal Housing Finance Agency, took control of both entities in 2008 because of their massive losses. The seizures were called 'conservatorships.' The takeover was supposed to be temporary, yet here we are nearly a generation later, and the conservatorships are still intact. Fannie and Freddie are the elephants in the housing market, backing some $7 trillion in mortgages. They have an eye-popping line of credit with the Treasury Department of $254 billion. They charge a so-called guarantee fee of around two-thirds of 1% on each mortgage. Fannie tends to work with larger financial institutions, while Freddie goes with smaller ones. It's a nice business. As President Trump noted, they are gushing cash. Trumpites estimate the market cap of these two monsters would be $330 billion, with the government's share coming to more than $250 billion. In these times of rivers of red ink in Washington, the prospect of getting that much cash without raising taxes should be irresistible. The two got into trouble because they went heavily into debt. Why not, they figured. The higher the leverage, the bigger the profits, which shareholders loved. They could borrow at rock-bottom interest rates because there was an implicit government guarantee. It wasn't written into law, but the markets figured Uncle Sam would come to the rescue if there were trouble. That ar-rived with the financial crisis that began in 2007, when the housing market was imploding. Washington stepped in. But shareholders were largely wiped out. What made the two particularly complacent was their extraordinary political muscle, especially Fannie Mae's. They made sure every member of Congress learned how important they were to constituents involved in local housing markets. And jobs were to be had for congressional relatives and friends. The challenges of pushing Fannie and Freddie out of the Washington nest are real, but that shouldn't deter the move. Critics say changing the status quo will raise mortgage rates, a particularly sensitive topic at a time when housing affordability is a big issue. If Fannie and Freddie are to be truly private companies, they'll need higher profits, which could lead to more expensive mortgages. Guarantee fees for mortgages would also likely go up. This is why the Trump Administration doesn't want to do away with guarantees, implicit or explicit. But this would put Fannie and Freddie back where they were when they got in trouble. If there are any guarantees, the two monsters should have to pay Uncle Sam realistic insurance fees, which would run into the tens of billions of dollars. Critics underestimate the power of competition. Instead, the two enterprises should be broken up. Competition works. As for mortgage rates, the problem is the Federal Reserve, whose ignorance of inflation is keeping the cost ofmoney unnecessarily high.

Canada Talks Up Pension Funds' Financial Muscle as Lever in US Trade Talks
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Bloomberg

time23 minutes ago

  • Bloomberg

Canada Talks Up Pension Funds' Financial Muscle as Lever in US Trade Talks

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