New York attorney general asks court to ‘stop ongoing fraud’ on Trump
New York Attorney General Letitia James accused today donald trump and the Trump Organization of trying to evade his investigation into their business practices by taking steps to move assets out of his reach and evading his attempts to serve court documents.
Last month, James announced a civil fraud lawsuit against the former president and three of his children on charges of falsely inflating Trump’s net worth to enrich himself and obtain loans on better terms. The lawsuit added to growing legal threats against the former president, who is also under federal investigation for his role in the January 6 uprising and government secrets are melting in his seaside resort of Mar-a-Lago.
In a statement just releasedJames said she had asked a judge to approve several measures “to stop the ongoing fraudulent scheme by Mr. Trump and the Trump Organization and to ensure that funds are available to satisfy any reimbursement rewards.”
“Since we filed this sweeping lawsuit last month, Donald Trump and the Trump Organization have continued these same fraudulent practices and taken action to avoid liability. Today, we seek an immediate halt to these actions because Mr. Trump shouldn’t be playing by different rules,” James said.
Among the steps James said Trump and his company have taken is incorporating a new company in Delaware on the day the lawsuit was filed. The district attorney said the Trumps may transfer their assets to that company from New York, in an effort to thwart his case. James wants the court to block such transfers and appoint an independent monitor who would track Trump’s financial disclosures.
She also requested permission to serve court documents on Donald and Eric Trump electronically “because the defendants and their attorneys refused to accept service of the complaints for almost a month”.
Key events
Today’s committee hearing, January 6, won’t just be about Trump. Martin Pengelly reports that one of his key allies will play a leading role as lawmakers present new evidence to the public:
During its hearing on Capitol Hill on Thursday, the House Jan. 6 committee is expected to show footage of Roger Stone, shot by Danish filmmakers.
According the washington postthe clips will show that Stone “predicted violent clashes with left-wing activists and predicted months before the 2020 vote that [Donald Trump] would use armed guards and loyal judges to stay in power.”
CNN said footage also showed Stone the day before Election Day saying, “Fuck the vote, let’s get straight to the violence.”
So who is Peter Roger?
The gardians David Smith has a look at what to expect today in what will likely be the committee’s final public hearing on January 6, which will focus directly on Trump’s actions as the Capitol came under attack:
The ninth and possibly last hearing of the congress panel investigating the January 6 attack on the United States Capitol will focus on Donald Trump’s “state of mind” as the insurgency unfolded.
The House of Representatives select committee will reconvene in Washington at 1 p.m. Thursday after a two-and-a-half-month hiatus, and is expected to feature new video footage showing efforts to respond to the violence as it unfolds. unfolded..
“There are going to be discussions about the events that took place before Election Day and there will be discussions about the events that took place after January 6,” said a committee aide, who did not wished to be appointed. “We will place particular emphasis on the mindset of the President and his involvement in these events as they unfold.
“So what you are going to see is a synthesis of some of the evidence that we have already presented with this new, unpublished information to illustrate the centrality of Donald Trump to the pre-election agenda..”
New York attorney general asks court to ‘stop ongoing fraud’ on Trump
New York Attorney General Letitia James accused today donald trump and the Trump Organization of trying to evade his investigation into their business practices by taking steps to move assets out of his reach and evading his attempts to serve court documents.
Last month, James announced a civil fraud lawsuit against the former president and three of his children on charges of falsely inflating Trump’s net worth to enrich himself and obtain loans on better terms. The lawsuit added to growing legal threats against the former president, who is also under federal investigation for his role in the January 6 uprising and government secrets are melting in his seaside resort of Mar-a-Lago.
In a statement just releasedJames said she had asked a judge to approve several measures “to stop the ongoing fraudulent scheme by Mr. Trump and the Trump Organization and to ensure that funds are available to satisfy any reimbursement rewards.”
“Since we filed this sweeping lawsuit last month, Donald Trump and the Trump Organization have continued these same fraudulent practices and taken action to avoid liability. Today, we seek an immediate halt to these actions because Mr. Trump shouldn’t be playing by different rules,” James said.
Among the steps James said Trump and his company have taken is incorporating a new company in Delaware on the day the lawsuit was filed. The district attorney said the Trumps may transfer their assets to that company from New York, in an effort to thwart his case. James wants the court to block such transfers and appoint an independent monitor who would track Trump’s financial disclosures.
She also requested permission to serve court documents on Donald and Eric Trump electronically “because the defendants and their attorneys refused to accept service of the complaints for almost a month”.
A big increase in monthly Social Security payments might sound like a good thing, but keep in mind that the government is only doing it because inflation is so high.
And today has begun with word that the consumer price wave did not subside much in September. Year-over-year prices were up 8.2%, below the high of 9.1% in June, but little change from the 8.3% level in August. Monthly price growth actually accelerated in September, driven by food and, more worryingly, housing costs, one of the most powerful contributors to headline inflation.
There will be some consequences to this report. First, it will likely reinforce the Federal Reserve’s belief that it needs to keep raising interest rates to stifle demand and keep prices from rising as much. But it takes time to know the impact of rate hikes, and the worry is that the central bank is overdoing it and tightening conditions to the point that the economy is heading into a recession. Indeed, the head of America’s largest investment bank warned much earlier this week, although the Fed is far from the only threat to the economy right now.
Then there is the impact on the president Joe Biden and the Democratic Party as a whole. As the saying goes, the blame lies with him, and polls have clearly shown that voters care deeply about the state of the economy — and aren’t a big fan of its handling. Consider this one from Monmouth University released earlier this month, which found inflation to be the top priority among voters polled, and Biden received low marks for his handling.
If the mid-terms of November 8 end in annihilation for Democrats in Congress and in Statehouses across the country, don’t be surprised if this dynamic turns out to be the reason.
Thank you, inflation: American retirees see a big increase in government benefits to offset the wave of price increases
Hello, readers of the American political blog. Americans don’t have much to say about the record streak of inflation that has hit the economy since the start of last year, but for retirees it comes with a benefit: more important social security. The government announced today it would increase monthly pension program payments by 8.7%, its biggest increase in 40 years, to offset rising prices for food, gasoline and other essentials. Older people tend to be reliable voters, which may impact midterm elections, where inflation is seen as a liability for the president. Joe Biden and Democrats running across the country to help him carry out his agenda.
Today is going to be busy!
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The January 6 Committee will be hold its ninth and potentially last public hearing at 1 p.m. EST today, focusing on this donald trump known before and during the murderous insurrection at the Capitol.
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Consumer price data newly published shows that inflation remains stubbornly high in September, bad news for the US economy and for Wall Street in particular.
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Biden is in Los Angeles, where he will promote his infrastructure law announced last year and raise funds for Democrats.