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Dan Mangan in political news

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Donald Trump - Dan Mangan - Trump Media shares plunge 17% with newly available DJT shares set to dilute stock value - cnbc.com

Trump Media shares plunge 17% with newly available DJT shares set to dilute stock value

The stock price of Trump Media plunged by more than 17% in after-hours trading Tuesday after the Truth Social app owner said its registration of additional shares had been declared effective by the Securities and Exchange Commission. Trump Media, which trades under the DJT ticker, had seen its share price slump by nearly 10% during the regular trading day. The SEC's declaration authorizes early investors in Trump Media to exercise public warrants they hold in the company, whose majority shareholder is former President Donald Trump. This is breaking news. Please check back for

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Matt Gaetz - Dan Mangan - Joel Greenberg - Action - House Ethics Committee expands Rep. Matt Gaetz sexual misconduct investigation - cnbc.com - state Florida

House Ethics Committee expands Rep. Matt Gaetz sexual misconduct investigation

The House Ethics Committee said Tuesday it has identified "additional allegations" against Rep. Matt Gaetz "that merit review," as it continues to investigate the Florida Republican over claims of what it called "sexual misconduct and illicit drug use." The Ethics Committee said it is now eyeing claims that Gaetz — who denies wrongdoing — "dispensed special privileges and favors to individuals with whom he had a personal relationship, and sought to obstruct government investigations of his conduct." The ethics panel also said it had difficulty in obtaining relevant information from Gaetz and others since the probe began in April 2021 amid a federal criminal sex trafficking investigation of Gaetz and a friend, Joel Greenberg. That criminal probe ended with a guilty plea by Greenberg, but no charges were filed against Gaetz. After conducting interviews with more than a dozen witnesses and examining thousands of pages of documents, the committee sa

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Dan Mangan - Southern - New Jersey - New Jersey Democratic kingmaker George Norcross indicted on racketeering charges - cnbc.com - state New Jersey - county Camden

New Jersey Democratic kingmaker George Norcross indicted on racketeering charges

George Norcross, who for decades had been a Democratic political kingmaker in New Jersey, was charged with racketeering in an indictment unsealed Monday. Norcross's brother, Phillip Norcross, and four other defendants also were charged in the 13-count indictment, which was filed by New Jersey Attorney General Matthew Platkin. George Norcross, who is a former member of the Democratic National Committee, was in attendance at a press conference Platkin gave on the charges Monday. The indictment says that "members and associates of the Norcross Enterprise, i

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Dan Mangan - Action - Judge bars 'pharma bro' Martin Shkreli from streaming Wu-Tang Clan album after suit says he copied it - cnbc.com - state New York - Cayman Islands - city Brooklyn, state New York

Judge bars 'pharma bro' Martin Shkreli from streaming Wu-Tang Clan album after suit says he copied it

A federal judge temporarily barred notorious "pharma bro" Martin Shkreli from streaming or disseminating copies of a one-of-a-kind Wu-Tang Clan album he had forfeited as part of his criminal fraud conviction in 2017. The order by Judge Pamela Chen on Tuesday night came a day after the company that had bought the album, "Once Upon a Time in Shaolin," for $4.75 million sued Shkreli in U.S. District Court in Brooklyn, New York. The suit claims Shkreli, who remains on supervised release in his criminal case, apparently retained copies of the hip-hop album after it was sold, and played it online as recently as Sunday in violation of his forfeiture order. A spokesman for the U.S. attorney's office

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Joe Biden - Donald Trump - Dan Mangan - Live updates: Hunter Biden jury resumes deliberations in gun trial - cnbc.com - Britain - Los Angeles - state Delaware - city Los Angeles - city Wilmington

Live updates: Hunter Biden jury resumes deliberations in gun trial

(This story is developing and will be updated throughout the day.) Jurors in the criminal gun trial of Hunter Biden resumed deliberations Tuesday morning in Delaware federal court. The jury began deliberations Monday afternoon after hearing closing arguments in the trial, but met for only about an hour before it recessed for the day. Biden, 54, is the son of President Joe Biden. He is charged in the case in U.S. District Court in Wilmington with three crimes related to the purchase and possession of a handgun while being an active drug user and addict. Biden is

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Joe Biden - Donald Trump - Abbe Lowell - Dan Mangan - Maryellen Noreika - Live updates: Hunter Biden will not testify at gun trial as jury deliberations loom - cnbc.com - city Wilmington, state Delaware - state Delaware

Live updates: Hunter Biden will not testify at gun trial as jury deliberations loom

This is developing news and will be updated throughout the day. The criminal gun trial of Hunter Biden resumed Monday morning with his lawyers revealing that the son of President Joe Biden will not testify in Wilmington, Delaware, federal court. The decision sets the stage for closing arguments to begin after jurors return at 9 a.m. ET. The jury could begin deliberating Biden's fate by afternoon. Biden is charged with three crimes related to possessing a handgun while being a drug user. Biden's lawyer Abbe Lowell effectively

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Dan Mangan - Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah - cnbc.com - state Indiana - city Salt Lake City - state Utah

Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah

A former IRS employee was charged in Utah federal court for allegedly trying to steal $2.1 million in tax credits owed to Exxon Mobil by diverting the funds using a taxpayer database he had access to. Prosecutors said Wednesday that former IRS account management worker Rodney Quinn Rupe received a U.S. Treasury check for $2,100,377 in January after diverting Exxon's tax credits to an entity he had created, and then tried to deposit the check at multiple credit union locations over the next two months. Rupe, a 46-year-old who lives in Syracuse, Utah, is charged with wire fraud, mail fraud, bank fraud and theft of government property in U.S. District Court in Salt Lake City. He is due to make his first appearance in th

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Donald Trump - Steve Bannon - Dan Mangan - Carl Nichols - Former Trump aide Steve Bannon ordered to jail by July 1 to serve contempt of Congress sentence - cnbc.com - Washington

Former Trump aide Steve Bannon ordered to jail by July 1 to serve contempt of Congress sentence

A federal judge in Washington, D.C., at a hearing Thursday ordered former Trump White House aide Steve Bannon to report to jail by July 1 to begin serving a four-month sentence for his criminal contempt of Congress conviction. The order by Judge Carl Nichols came three weeks after federal prosecutors urged him to lift a stay on Bannon's sentence pending an appeal of his conviction for failing to comply with a subpoena from a House committee investigating the Jan. 6, 2021, Capitol riot. A federal appeals court panel in a unanimous ruling on May 10 upheld Bannon's conviction in the case. At Thursday's hearing, Bannon's lawyer David Schoen reacted emotionally to Nichols' order. "One thing you have to learn as a lawyer is that when the judge has made

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