logo
Secret Service issued suspensions for several agents involved in securing rally where Trump survived assassination attempt

Secret Service issued suspensions for several agents involved in securing rally where Trump survived assassination attempt

CNN2 days ago
The US Secret Service has issued suspensions for several agents involved in securing the Pennsylvania rally last year where Donald Trump was hit in the ear and a rallygoer was killed by a would-be assassin, according to multiple sources.
At least two of those agents are appealing their suspensions, sources with knowledge told CNN, and no Secret Service employees have served their suspension, the sources added.
Several agents at the service's Pittsburgh field office, along with one agent on Trump's detail that day and a counter sniper, have each been issued suspensions ranging from a few weeks to over a month, sources familiar with the process told CNN.
On July 13, 2024, gunman Thomas Matthew Crooks opened fire on Trump during the rally in Butler, Pennsylvania. The shooting left one rally attendee dead and two others in critical condition.
Several Congressional investigations and federal reports, including the Secret Service's own analysis, found multiple failures that day including communication breakdowns with local police who spotted the shooter and confronted him on a nearby roof before he took aim at Trump.
Members of Congress said that in their investigations, agents continued to place blame on one another and that no one person was in charge of decisions that day.
Former and current law enforcement officials have expressed frustration in interviews with CNN that those in more senior leadership positions, specifically those in Trump's detail, have not been held accountable for the serious failures that day.
'None of those operational people have been held accountable, some were even promoted,' one former senior agency official told CNN.
Former Secret Service Director Kimberly Cheatle abruptly resigned from the agency last year amid intense scrutiny of security lapses related to the assassination attempt.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

From Washington: Texas Floods Test President Trump's Disaster Response
From Washington: Texas Floods Test President Trump's Disaster Response

Fox News

time29 minutes ago

  • Fox News

From Washington: Texas Floods Test President Trump's Disaster Response

President Trump traveled to Kerrville, Texas, to meet with families and local officials impacted by the devastating July 4th flash floods. Former White House Press Secretary and FOX News Contributor Ari Fleischer discusses the importance of how Presidents respond to natural disasters and how federal agencies handle emergencies. Later, he reacts to the President's latest tariff policies, the NYC mayoral race, and the one-year anniversary of the attempted assassination of President Trump in Butler, PA. Later, Congressman Buddy Carter (R-GA) discusses how his family was impacted by the Texas floods. He emphasizes the need for unity while cautioning against finger-pointing in the wake of tragedy. Learn more about your ad choices. Visit

Senate Republicans block attempt to roll back massive tax hike on professional gamblers
Senate Republicans block attempt to roll back massive tax hike on professional gamblers

Yahoo

time29 minutes ago

  • Yahoo

Senate Republicans block attempt to roll back massive tax hike on professional gamblers

WASHINGTON (AP) — Senate Republicans on Thursday blocked an attempt to reverse a little-noticed provision from their tax and spending cuts law that professional gamblers warn could be the end of their industry. Democratic Sen. Catherine Cortez Masto of Nevada sought unanimous passage of a bill that would roll back the change on gambling tax deductions, but Republican Sen. Todd Young of Indiana objected, stalling the proposal for now. The emerging fight over the gambling provision is likely only the beginning of the fallout from the new tax law and its impact on the country. Spanning more than 900 pages, the bill signed into law by President Donald Trump last week contained a slew of provisions changing federal programs and the tax code, many of which lawmakers admit they are only now beginning to fully digest. 'My understanding is many Republicans, many Democrats did not even know it was part of that process,' Cortez Masto said of the gambling provision. Under the new tax law, starting in 2026, individuals can only deduct 90% of their gambling losses up to the amount of their winnings. That's a change from the previous rule, which allowed gamblers to deduct 100% of their losses, up to the amount they won. The change will only significantly impact those who gamble larger amounts and who take the extra steps to itemize and deduct their losses. But for those individuals, the impact could be steep. In practice, for example, under the old rule, someone who wins $100,000 and loses $100,000 could deduct the full $100,000 in losses and owe nothing. Under the new rule, they would only be able to deduct $90,000 and would still owe taxes on the remaining $10,000, despite having lost all their winnings. 'This new amendment to the One Big Beautiful Bill Act would end professional gambling in the U.S. and hurt casual gamblers, too,' Phil Galfond, a professional poker player, said on social media just days ahead of the bill's final passage. The provision was included in the bill's text released on June 16 by Senate Finance Committee Chair Mike Crapo. Some senators have said they weren't aware of the provision, and it only publicly came to light days ahead of the bill's passage, with professional gamblers and media figures drawing attention to it. 'Now I see Republican senators walking all over the Capitol saying they didn't even know anything about this policy," said Sen. Ron Wyden, the top-ranking Democrat on the Senate Finance Committee. 'The fact is, when you rush a process like this, this way, and cram in all of these policies that you haven't really thought about, you risk consequences for people back home. That is what is going on here,' Wyden. said The provision is estimated to generate over $1.1 billion in tax revenue over eight years. The entirety of the tax break and spending cuts bill will increase the deficit by nearly $3.3 trillion from 2025 to 2034, according to the nonpartisan Congressional Budget Office. Republicans say it was a necessary procedural change tied to the reconciliation process, which allowed them to pass the sweeping bill without Democratic support. Young, the Indiana Republican who objected to Cortez Masto's bill, said he supports the policy but would only agree to undo it if Democrats accepted other provisions in return. 'I strongly support the underlying bill, but will have to object unless you can agree to my request,' Young said on the Senate floor. Thursday's attempt by Cortez Masto won't be the last. On Wednesday, she introduced a bill that will first have to go through committee, but has bipartisan support, to restore the full gambling deduction. In the House, Nevada Democratic Rep. Dina Titus has also introduced a bill attempting to return to the previous standard. ___

Elizabeth Warren pushes back on plan to get private equity into 401(k)s
Elizabeth Warren pushes back on plan to get private equity into 401(k)s

CNN

time39 minutes ago

  • CNN

Elizabeth Warren pushes back on plan to get private equity into 401(k)s

A typical 401(k) plan only offers stock and bond funds that invest in publicly traded companies. But private companies — traditionally the domain of institutional and high-net-worth investors — have become a significant part of the overall investing market. Do they belong as an option in workplace retirement plans, given that they are often more expensive and less transparent than publicly traded securities? It's a question that's been getting a lot of attention as the private investment industry and others seek to 'democratize' access to such investments. And it's an issue receiving pushback from some lawmakers and consumer advocates, including Sen. Elizabeth Warren, the top-ranking Democrat on the Senate Banking Committee. Most recently, Warren sent a letter and a series of questions to Empower, one of the largest workplace retirement plan recordkeepers, probing its recently announced decision to offer plan sponsors the choice of including private equity as an investment option for their employees. In its response to Warren earlier this week, Empower — which serves roughly 90,000 corporate, government and nonprofit employers — likened the desire to give people access to private markets to the creation of 401(k)s decades ago. 'The 401(k) democratized access to the public markets in unprecedented fashion and without it, many people would have no access to investing,' Empower CEO Ed Murphy wrote. 'Today, we are facing a similar moment.' Murphy, noting that there are far fewer publicly traded companies today than 30 years ago, cited the growth in capital going towards private companies and the estimated $13 trillion in assets in the global private equity market. 'This structural shift means fewer opportunities for everyday investors saving in defined contribution plans — especially those seeking exposure to innovative or fast-growing companies.' He also stressed that the new investment option it would offer would have guardrails. 'Private markets investing is not for everyone and Empower is not suggesting that it is. Empower is not advocating for unregulated or unmanaged access to complex asset classes. … It's a carefully monitored gateway.' Among the guardrails Murphy said would be in place: '(T)he investment manager advising to these investments in accordance with the participant's financial goals and risk tolerance, are selected by the plan sponsor and must be subject to ERISA's high standards and adhere to those standards.' More specifically, Empower told CNN in an email that only participants with managed accounts will have access. (A managed account is run by an investment professional who will, among other things, manage your investments within your workplace plan in keeping with your goals, risk tolerance and time horizon.) And, the company added, the private investments would only be a portion of a larger collective investment trust that a person could select. The other portions of the CIT would be in public securities. 'We believe that professionally managed solutions are the best way to offer private assets, as they offer an additional layer of analysis and fiduciary protection,' the company said. In her reply to Murphy's letter, released Saturday, Warren said she shares his stated goal of helping everyone, regardless of income or net worth, to ''build lasting financial security through well-designed, responsibly managed investment opportunities.'' But, she wrote, 'Your response did not meaningfully address how you would shield plan participants, and our financial system, from the structural risks inherent in private markets. Ultimately, you did not explain why providing retirees with the option to invest their hard-earned life-savings in risky, expensive private markets benefits anyone other than private funds.' Nor, Warren said, did the company offer 'details about your partnerships with private firms, your fees, and your incentive structures.' Warren ended her letter by asking Empower to address her specific questions by Friday, July 25, 2025. So … to be continued. In the meantime, the Office of the Investor Advocate at the Securities and Exchange Commission said that in fiscal year 2026 it plans to explore issues 'surrounding the inclusion of alternative investments, such as private equity and private credit, in retirement savings plans and their implications for retail investors.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store