Laws
SEC targets SPACs with rules on inflated business forecasts, merger disclosures
A flag outside the U.S. Securities and Exchange Commission headquarters in Washington, D.C., U.S., on Wednesday, Feb. 23, 2022. Al Drago | Bloomberg | Getty Images The Securities and Exchange Commission on Wednesday debuted a host of new rules for SPACs that, if enacted, would mark one of the broadest attempts to date at cracking […]
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Democrats demand Supreme Court’s Clarence Thomas recuse himself from key 2020 election, Capitol riot cases over wife’s push to overturn Biden win
Two dozen Democratic lawmakers demanded that Supreme Court Justice Clarence Thomas “promptly recuse himself” from future cases related to pro-Trump efforts to challenge the 2020 election results, including those tied to the Jan. 6 Capitol riot. In a letter dated Monday, 24 Democrats in the House and Senate asked the senior justice to “immediately issue […]
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‘Significant’ evidence suggests Trump Organization misstated asset values for more than a decade, NY AG says
Former U.S. President Donald Trump speaks during a rally at the Iowa States Fairgrounds in Des Moines, Iowa, October 9, 2021. Rachel Mummey | Reuters The New York Attorney General Office’s probe of the Trump Organization has “uncovered significant evidence” suggesting that the company’s financial statements for more than a decade relied on misleading valuations […]
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‘We will come and we will find you’: U.S. issues warning to anyone helping Russia bypass sanctions
Wally Adeyemo, deputy U.S. Treasury secretary, speaks during a news conference at the Department of Justice in Washington, D.C., U.S., on Monday, Nov. 8, 2021. Bloomberg | Bloomberg | Getty Images The U.S. will hold accountable any actor that seeks to help Russia bypass economic sanctions amid the Kremlin’s unprovoked onslaught on Ukraine, Deputy U.S. […]
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UK police issue first 20 fines over lockdown gatherings in Downing Street
People take part in a protest against British Prime Minister Boris Johnson after he flouted coronavirus lockdown rules by attending a garden party in 2020, at the Parliament Square and 10 Downing Street in London, United Kingdom on January 26, 2022. Rasid Necati | Anadolu Agency | Getty Images British police said on Tuesday they […]
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Judge says Trump likely broke the law by trying to obstruct Congress from confirming Biden win
Ex-President Donald Trump likely broke the law by “corruptly” attempting to obstruct the certification by Congress of President Joe Biden’s Electoral College win on Jan. 6, 2021, a federal judge said in a civil court ruling Monday. Judge David Carter wrote that Trump with his ally, lawyer John Eastman, “launched a campaign to overturn a […]
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Senate Democrat Wyden says Supreme Court Justice Thomas should recuse in cases involving Trump, Jan. 6 Capitol riot
Supreme Court Associate Justice Clarence Thomas, left and his wife Virginia Thomas, right, leave the the Basilica of the National Shrine of the Immaculate Conception in Washington after attending funeral services of the late Supreme Court Associate Justice Antonin Scalia, on Feb. 20, 2016. Pablo Martinez Monsivais | AP A top Senate Democrat on Friday […]
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Wife of Supreme Court Justice Clarence Thomas texted Trump chief about overturning 2020 election
Associate Supreme Court Justice Clarence Thomas sits with his wife and conservative activist Virginia Thomas while he waits to speak at the Heritage Foundation on October 21, 2021 in Washington, DC. Drew Angerer | Getty Images Virginia Thomas, the wife of Supreme Court Justice Clarence Thomas, in 2020 urged then-President Donald Trump’s chief of staff […]
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Supreme Court nominee Ketanji Brown Jackson’s confirmation hearings just ended — here’s what happens next
Supreme Court nominee Ketanji Brown Jackson’s confirmation hearings concluded Thursday, bringing her one big step closer to becoming the first Black woman to sit on the nation’s top court. Jackson, a 51-year-old federal judge and President Joe Biden’s first Supreme Court pick, will likely have to wait at least two weeks before the Senate votes […]
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Trump sues Hillary Clinton, DNC for more than $70 million over 2016 election, ‘spurious’ Russia collusion claims
Hillary Clinton speaks as Donald Trump looks on during the town hall presidential debate at Washington University on October 9, 2016, in St Louis. Rick Wilking-Pool | Getty Images Former President Donald Trump on Thursday sued Hillary Clinton, the Democratic National Committee and others for allegedly conspiring to “weave a false narrative” during the 2016 […]
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