Tag: Politics

Raimondo: Commerce Dept. will spend all of the CHIPS Act grant money this year

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[ad_1] TAYLOR, Texas — The Commerce Department is on track to dole out all of the $39 billion in grant money allocated under the CHIPS Act by year-end, Commerce Secretary Gina Raimondo told CNBC on Monday. The Commerce Department is providing the money to semiconductor companies to incentivize them to build out manufacturing production capabilities in the U.S. The Biden administration announced earlier Monday that it would be providing Samsung with up to $6.4 billion in grants to expand two chip plants in central Texas — leaving roughly $16 billion…

Prosecutor asks judge to sanction Donald Trump for gag order violation in hush money case: Live updates

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[ad_1] Former President Donald Trump arrives at Manhattan criminal court with his legal team ahead of the start of jury selection in New York, NY on Monday, April 15, 2024.  Jabin Botsford | Via Reuters Editor’s note: This is developing news. Check back for updates. Prosecutors on Monday asked a New York judge to sanction Donald Trump for violating a gag order in multiple social media posts commenting on likely witnesses at the former president’s criminal hush money trial. “He is a criminal defendant, and like all criminal defendants he…

Trump and Mike Johnson zero in on noncitizen voting. It’s already illegal and very rare.

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[ad_1] Republican presidential candidate former President Donald Trump and Speaker of the House Mike Johnson (R-LA) hold a press conference at Mr. Trump’s Mar-a-Lago estate on April 12, 2024, in Palm Beach, Florida.  Joe Raedle | Getty Images Former President Donald Trump and House Speaker Mike Johnson pitched new legislation to crack down on noncitizen voting on Friday, despite the fact the practice is already illegal and occurs rarely. Johnson said House Republicans would introduce a bill to require documentary proof of citizenship to register to vote, speaking at Mar-a-Lago next to…

Biden says he expects Iranian strike on Israel 'sooner than later'

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[ad_1] US President Joe Biden makes a virtual address to the National Action Network Convention, in the South Court Auditorium of the Eisenhower Executive Office Building, next to the White House in Washington, DC, on April 12, 2024.  Mandel Ngan | AFP | Getty Images President Joe Biden said Friday that he expects Iran will strike Israel soon, and reiterated that the U.S. would support and defend Israel if such an attack occurred. At a White House event, when asked by reporters how imminent he thought an attack by Iran could be, Biden said…

Trump tries to boost support for Truth Social as his media stock tanks

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[ad_1] Donald Trump on Friday urged his followers to support his social media app Truth Social, as its parent company’s stock continues to sink lower. Trump in a post on that app said he believes Truth Social embodies the political “movement” behind his “Make America Great Again” presidential campaign slogan, adding that “it shows the Spirit and Love of our Country.” “If people who believe in putting America First and want to Make America Great Again, support TRUTH,” Trump wrote. “We will be your Voice like never before, and a…

FTX founder Sam Bankman-Fried appeals fraud conviction, 25-year prison sentence

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[ad_1] Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, August 11, 2023. Eduardo Munoz | Reuters A lawyer for FTX founder Sam Bankman-Fried on Thursday filed a notice of appeal of his federal fraud and conspiracy conviction and his 25-year prison sentence. Bankman-Fried’s appeal came two weeks after he was sentenced in U.S. District Court in Manhattan and ordered to pay $11…

Trump is about to face trial on criminal hush money charges. Here's what to know

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[ad_1] Former U.S. President Donald Trump speaks from the hallway outside a courtroom where he is attending a hearing in his criminal case on charges stemming from hush money paid to a porn star, in New York City on March 25, 2024. Brendan Mcdermid | Reuters Donald Trump has used every legal tool at his disposal to try to dismiss, diminish or delay the four active criminal cases against him. But on Monday, barring a last-minute court intervention, Trump will become the first former president ever to be tried on…

Trump loses last-minute bid to halt hush money trial while he seeks new venue

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[ad_1] Former U.S. President Donald Trump speaks on the phone at the 18th green during day three of the LIV Golf Invitational – Miami at Trump National Doral Miami on April 07, 2024 in Doral, Florida.  Megan Briggs | Getty Images A New York appeals court judge on Monday swiftly rejected a last-ditch bid by Donald Trump to delay his upcoming criminal hush money trial while he seeks to move the case to another court. Judge Lizbeth Gonzalez denied Trump’s request on the same day his attorneys filed it, and…

White House says Israeli troop reduction does not signal new strategy: 'They're tired'

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[ad_1] U.S. national security spokesperson John Kirby speaks during a press briefing at the White House in Washington, U.S., March 25, 2024.  Elizabeth Frantz | Reuters National Security Spokesman John Kirby on Sunday said that Israel’s decision to pull some troops out of Southern Gaza does not appear to indicate a shift in military strategy. “As we understand it, and through their public announcements, it is really just about rest and refit for these troops that have been on the ground for four months, and not necessarily — that we can…

Trump says going to jail for gag order violation would be a 'great honor,’ compares himself to Mandela

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[ad_1] Former U.S. President Donald Trump speaks at a campaign event on April 02, 2024 in Grand Rapids, Michigan. Spencer Platt | Getty Images Donald Trump on Saturday said he welcomed the prospect of going to jail for violating a gag order in his upcoming New York hush money trial. “I will gladly become a Modern Day Nelson Mandela — It will be my GREAT HONOR,” the former president wrote in a lengthy Truth Social post attacking New York State Supreme Court Judge Juan Merchan, who is presiding over Trump’s case. It…