President Donald Trump will hire CNBC TV host Larry Kudlow as his director of theÂ National Economic Council. Kudlow, a longtimeÂ conservative commentator and TV personality, is friends with the president, and reportedly speaks with him frequently. Kudlow hasÂ supported Trump’s presidency since the campaign, and has offered ideas thatÂ some finance experts see asÂ fantastical.
“Trump could announce his decision to choose Kudlow as his National Economic Council director as soon as Thursday,” CNBC first reported. “The president offered the CNBC senior contributor and on-air personality the job on Tuesday night, and Kudlow accepted, a person familiar told CNBC.”
President Trump’s tapping of TV personality Larry Kudlow as his new economic adviser “is a perfect kind of an appointment for the Apprentice-style presidency that Donald Trump is running,” says CNN’s David Chalian https://t.co/TlrNKxBulE https://t.co/B9L3pCyQ5q
â€” CNN Newsroom (@CNNnewsroom) March 14, 2018
Kudlow would replace Gary Cohn, who resigned in frustration over the president’sÂ tariffs plans.
Here’s Kudlow defending and advising Trump just after the “Access Hollywood” tape was released, before the election. Trump took Kudlow’s advice.
UPDATE: 1:23 PM ET â€“
Kudlow has officially accepted.
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Trump Organization Given ‘Corporate Death Penalty’ and Ordered Dissolved by Judge After ‘Persistent Fraud’: Legal Experts
A New York judge has ordered Donald Trump’s business entities in the state of New York, including The Trump Organization, dissolved, and his business certificates canceled, according to legal experts, after ruling that the ex-president for years committed fraud and deceived banks and insurers by inflating the value of his assets.
Manhattan Supreme Court Justice Arthur Engoron “has ordered cancellation of all [NYS] business [certificates] of ‘any entity controlled or beneficially owned by Donald J. Trump, Donald Trump, Jr, Eric Trump, Alan Weisselberg, & Jeffrey McConney. An independent receiver will manage the dissolutions,” writes former federal prosecutor Elizabeth de la Vega.
Correct, @AndrewFeinberg. The judge has ordered cancellation of all [NYS] business certs of “any entity controlled or beneficially owned by Donald J. Trump, Donald Trump, Jr, Eric Trump, Alan Weisselberg, & Jeffrey McConney. An independent receiver will manage the dissolutions. https://t.co/mK0vkzQXon
— Elizabeth de la Vega (@Delavegalaw) September 26, 2023
The Messenger reports Judge Engoron’s “blockbuster ruling found that the former president and his business leaders failed to correct course after warned of a ‘propensity to engage in persistent fraud,'” and ordered “a quick timeline to dissolve the Trump Organization and other corporate entities.”
MSNBC legal analyst Lisa Rubin explains that the “New York trial court judge has found that Trump, his adult sons, and Allen Weisselberg engaged in a persistent, years-long fraud through ‘fantasy world’ valuations of core Trump assets, including his own residence and various golf courses and office buildings.”
“His decision not only eliminates the need for trial on that claim, but also orders fairly dramatic relief: the cancellation of New York business certificates for all of the entities named as defendants, ‘as well as any other entity controlled or beneficially owned by the individual defendants found liable,'” she adds.
“In addition to finding that Trump committed fraud, the judge canceled the certificates of various Trump businesses, appointed a former judge as an independent monitor of the Trump Organization, and will appoint receivers to manage the canceled LLCs,” writes former federal prosecutor Renato Mariotti.
“This is a pretty big deal,” he adds.
Professor of law Ryan Goodman, the former Dept. of Defense Special Counsel says Manhattan Supreme Court Justice Arthur Engoron ordered the “corporate death penalty” for the Trump organization. Former U.S. Attorney Joyce Vance also used the term “corporate death penalty.”
“The leading Republican candidate has been found liable for sexual assault and fraud, his companies found guilty of fraud, and he’s charged with 91 OTHER felony counts. That he is not dismissed politically out of hand says much more about us, than about him,” observes MSNBC’s Andrew Weissmann, the well-known former lead prosecutor in Robert S. Mueller’s Special Counsel’s Office and former FBI General Counsel.
Attorney, retired U.S. Air Force colonel, and former administrative law judge Moe Davis responding to the news, writes: “Trump is the eponymous fraudster. The name Trump is to fraud what Campell’s is to soup, Kleenex is to tissue, and ping is to pong.”
Trump Committed Fraud and Deceived Banks While Growing His Real Estate Empire, Judge Says: Report
Donald Trump committed fraud, deceived banks, and inflated the value of his real estate holdings a judge said Tuesday, granting New York Attorney General Letitia James partial summary judgment in her civil case against the ex-president.
Manhattan Supreme Court Justice Arthur Engoron “has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House,” The Associated Press reports. Judge Engoron “found that the former president and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing financing.”
“The decision, days before the start of a non-jury trial in Attorney General Letitia James’ lawsuit, is the strongest repudiation yet of Trump’s carefully coiffed image as a wealthy and shrewd real estate mogul turned political powerhouse,” The AP adds.
Attorney General James “is seeking $250 million in penalties and a ban on Trump doing business in New York, his home state. The trial could last into December, Engoron has said.”
READ MORE: McCarthy Now Blaming Likely Shutdown on Fentanyl, President Biden, and His Own House Republicans
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McCarthy Now Blaming Likely Shutdown on Fentanyl, President Biden, and His Own House Republicans
Speaker Kevin McCarthy during a raucous gaggle with reporters Tuesday afternoon blamed the increasingly likely shutdown of the federal government on fentanyl, President Joe Biden, and his own House Republicans.
Political experts have said the Republican Speaker could avoid a government shutdown, which will happen at midnight on Friday if legislation is not passed, by making a deal with Democrats and a small number of House Republicans. Doing so would likely cost him his job.
Asked on Tuesday by CNN’s Manu Raju, “Are you ruling out a clean CR without any border security?” McCarthy immediately launched in to a diatribe.
“You know what’s so concerning here? What do you tell to the families that tomorrow morning are gonna wake up and their child’s dead? Because fentanyl came across?” he asked the CNN reporter (video below). “What do you tell to that border agent that you saw the other day? Now his network doesn’t believe it but he’s all in blood. Or the cartels, the billions of dollars that they’re making. Or to the young girls that get raped?”
Another reporter, seemingly frustrated, interjected and asked, “But what do you tell the workers who are concerned they’re gonna get furloughed next week because there is no agreement in your chamber, sir?”
“Well, I know. It’s easy,” McCarthy claimed. “All the President has to do is say, ‘You know what, as one of my fundamental jobs as the President of the United States is to secure our border.'”
Another reporter, ignoring the Speaker’s apparent obfuscation, loudly asked, “Speaker McCarthy if we see the rule votes fail later today, is it possible to even move on to a CR [continuing resolution] for you?”
“Oh, yeah, I never give up,” McCarthy said smiling.
“I know that,” she replied, “but do you think you have the votes?”
Again, not delivering a straight answer, McCarthy smiled and replied, “Oh, I’ve got a lot of things I can try.”
CNN’s Raju reported that McCarthy, when asked about the “math,” meaning if he has the votes to keep the government open, said: “What’s concerning to me is that there are people in the Republican Party who will take the position of President Biden against what the rest of Americans want.”
That could suggest some Republicans have indicated they would vote with Democrats on a bill to keep the government from shutting down.
Raju also reported he asked “Speaker McCarthy if he believes he could survive a vote to oust him from the speakership, as [Rep. Matt] Gaetz has threatened, and he said: ‘I don’t count that vote.'”
NPR’s Joel Rose has reported, “Close to 90% of … fentanyl is seized at ports of entry. Immigration authorities say it is smuggled mostly by U.S. citizens, as well as other travelers who are legally authorized to cross. Virtually none is seized from migrants who are seeking asylum.”
On Monday The Washington Post Editorial Board wrote: “The U.S. government will almost certainly shut down on Oct. 1, the work of ultraconservative holdouts who want to ‘burn the whole place down,’ as House Speaker Kevin McCarthy (R-Calif.) put it. Yet, for now, Mr. McCarthy does not appear willing to take away the matches. He could sideline the objectors by calling House Democrats and agreeing to pass bipartisan legislation to fund the government.”
Watch McCarthy below or at this link.
When asked if he has the votes for a continuing resolution to avert a government shutdown if the House rules vote fails, Speaker Kevin McCarthy (R-CA) says, “I’ve got a lot of things I can try.” pic.twitter.com/byzQP5XUCc
— The Recount (@therecount) September 26, 2023
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