After speaking out against crypto for years, Donald Trump went to a major conference of crypto-linked investors and promised to fire Gary Gensler, SEC Chairman who wants to regulate crypto as securities.
Monday, July 29, 2024
Sunday, July 28, 2024
Prosecutor: Trump business fraud verdict should stand
Trump claims that the NY City conviction on business fraud should be overturned under the immunity case because some of the evidence used in the trial related to communications that occurred during his term as President. Prosecutor Alvin Bragg has filed a response stating that the amount and weight of such evidence amounts to a "sliver" in the "mountains" of proof that led to Trump's conviction.
Saturday, July 27, 2024
J.D. Vance gave a culture war speech to Leonard Leo group
ProPublica has a copy of the September 21 speech in which Vance criticized the " transnational financial elite" for their cultural sins, calling them sex perverts and objecting to protections for LGBTQ+ people. (You can read or view the half-hour speech on ProPublica's website.) He bemoans the fact that corporate leaders are donating to Democrats.
Vance does not mention that Leo's network using corporate money has pushed the Supreme Court to issue many pro-corporate, anti-worker rulings. He implies that the entire difference between right and left in the U.S. is cultural and not economic.
"Adding Vance to the ticket bolsters the connections between Leo's network and the Trump 2024 campaign [and with] the Project 2025 blueprint. . . . In a recent TV interview, Vance said the document contained "some good ideas" but claimed that 'most Americans couldn't care less about Project 2025' and that the Trump campaign wasn't affiliated with it."
Dan Cox-linked group has sued Maryland over perceived voting system woes
Former Maryland State Delegate and gubernatorial candidate Dan Cox is linked to a group that is suing Maryland in federal court over alleged violations of federal voting laws.
Friday, July 26, 2024
Tuesday, July 23, 2024
Sen. Elizabeth Warren introduces bill to reverse Supreme Court deregulatory ruling
In Loper Bright Enterprises v. Raimondo and Relentless, Inc. v. Department of Commerce, the corprate-owned justices overturned the "Chevron deference" precedent that had been recognized for four decades. Where laws are ambiguous, Chevron deference allowed federal agencies to make regulations. Under the new ruling, federal judges would substitute their judges for that of agency experts in a wide range of technical fields. Warren's bill will restore the deference rule by statute. Warren believes that the Court's ruling will open the door to giant corporations to get favorable judicial rulings that endanger the general public, workers, and consumers.
Charlie Cooper
Upstart beats City Council veteran using public campaign funds
Zac Blanchard defeated Eric Costello - a darling of the local business community - by 48 votes out of 7,000. He used Baltimore's relatively new public campaign finance fund. One item that motivated Blanchard was that Costello took campaign contributions from towing companies and then voted to raise towing fees.
Charlie Cooper
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