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Dan Mangan in political news

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Donald Trump - Dan Mangan - Bill - DWAC stock tumbles more than 12% after Trump social media merger approved by shareholders - cnbc.com

DWAC stock tumbles more than 12% after Trump social media merger approved by shareholders

The price of shares in Digital World Acquisition Corp. fell by as much as 12% Friday morning after the shell company's shareholders approved amerger with the social media company owned by former President Donald Trump. DWAC had opened the trading day at $44.20 per share, but tumbled to below $38 at some points after the vote. The newly merged company, Trump Media, could begin trading under the new ticker DJT next week. Trump holds a majority of shares in the new company, which would be worth $3 billion or more given Friday's opening price for DWAC. But the value of his forthcoming shares will be lower if DWAC shares do not recover before the merger is comp

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Donald Trump - Letitia James - Dan Mangan - Bill - Trump windfall could top $3 billion after DWAC shareholder vote on social media merger - cnbc.com - city New York - New York

Trump windfall could top $3 billion after DWAC shareholder vote on social media merger

Donald Trump could earn a windfall of $3 billion or more — eventually, at least — if shareholders in Digital World Acquisition Corp. on Friday vote to approve a merger with the former president's social media company. The vote by DWAC shareholders comes about two-and-a-half years after the so-called special purpose acquisition company announced plans to merge with Trump Media & Technology Group, the private firm that owns the Truth Social app platform. It also comes as Trump faces the possibility that New York Attorney General Letitia James on Monday will start trying to collect on a massive $454 million civil fraud judgment against him. If approved as expected, shares in the newly combined company could begin to be publicly traded next week under the stock symbol DJT, Trump's initials. Trump's long-gone casino and hotel co

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Dan Mangan - Bill - Abortion opponents settle lawsuit against D.C. museum over 'pro-life' hat ban - cnbc.com - state South Carolina - area District Of Columbia - Washington, area District Of Columbia - city Washington, area District Of Columbia

Abortion opponents settle lawsuit against D.C. museum over 'pro-life' hat ban

The National Air and Space Museum in Washington, D.C., agreed to settle a lawsuit by a group of students, parents, and chaperones from a Catholic school in South Carolina who were told by security guards to remove hats bearing an anti-abortion message during a visit there last year, a court filing Monday revealed. The federally funded museum agreed to pay the more than a dozen plaintiffs a total of $50,000 to settle the suit, according to the filing in U.S. District Court in Washington. The payment includes attorneys' fees. The settlement also calls for the museum's director to give the plaintiffs a tour of the facility, which is the largest of the Smithsonian Institution's museums, and for the director to apologize to them for the guards' actions on Jan. 20, 2023, the filing says. And the Smithsonian agreed to notify security personnel at all of its museums and the National Zoo about its policy allowing hats and other articles of clothing b

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Donald Trump - Jean Carroll - Dan Mangan - Can - In New - Trump can't secure $454 million appeal bond in New York fraud case, his lawyers say - cnbc.com - city New York - New York

Trump can't secure $454 million appeal bond in New York fraud case, his lawyers say

Donald Trump cannot obtain a bond to secure the $454 million civil business fraud judgment against him as he pursues an appeal of the case, his attorneys said in a New York court filing Monday. Attorneys for Trump and his co-defendants the fraud case argued that it was "impossible" for them to secure a complete appeal bond, which would "effectively" require "cash reserves approaching $1 billion." "Defendants' ongoing diligent efforts have proven that a bond in the judgment's full amount is "a prac

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Joe Biden - Donald Trump - Scott Macafee - Dan Mangan - Judge dismisses several counts against Trump in Georgia election criminal case, others still remain - cnbc.com - Usa - Georgia

Judge dismisses several counts against Trump in Georgia election criminal case, others still remain

A judge on Wednesday dismissed six counts in the Georgia criminal election interference case against former President Donald Trump and five other defendants, ruling that an indictment failed to sufficiently explain the basis for those charges. But other criminal counts against Trump and the defendants remain after the order by Judge Scott McAfee. The dismissed counts had accused Trump and the others of the crime of solicitation of violation of oath by public officer. The counts related to efforts by the defendants to get members of Georgia's legislature and the secretary of state to delegitimize the election victory of President Joe Biden over Trump in the state's 2020 contest. Defense lawyers for Trump and the

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Joe Biden - Donald Trump - Jean Carroll - Taylor Swift - Dan Mangan - 'Not on my watch' — Biden blasts Trump over suggested cuts to Social Security, Medicare - cnbc.com

'Not on my watch' — Biden blasts Trump over suggested cuts to Social Security, Medicare

President Joe Biden on Monday quickly slapped down Donald Trump's suggestion in a CNBC interview that "there is a lot" that can be done in terms of cutting the government programs Social Security, Medicare and Medicaid. "Not on my watch," Biden said in a social media post on X in response to a video of Trump's comment that was posted by his reelection campaign. It was the latest quick response by Biden and his campaign to something said by the former president, who as the presumptive Republican nominee is on track to face Biden in November in a rematch of the 2020 election. The White House also issued a statement calling the idea of cutting Social Security and Med

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Donald Trump - Jean Carroll - Dan Mangan - Trump suggests he would not crack down on bitcoin, other cryptocurrencies as president - cnbc.com

Trump suggests he would not crack down on bitcoin, other cryptocurrencies as president

Donald Trump suggested Monday that if he were elected president again, his administration would not crack down on the use of bitcoin or other cryptocurrencies using regulatory authority. "I have seen there has been a lot of use of that," Trump said, referring to the digital currency, during an interview on CNBC's "Squawk Box." "And I'm not sure that I'd want to take it away at this point," he added. Read more CNBC politics coverage Trump loses bid to delay $83.3 million E. Jean Carroll defamation judgment Ray Dalio says Taylor Swift sho

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Joe Biden - Donald Trump - Dan Mangan - Trump ordered to pay $382,000 in legal fees for failed 'Steele Dossier' lawsuit - cnbc.com - Britain - Russia - city London

Trump ordered to pay $382,000 in legal fees for failed 'Steele Dossier' lawsuit

A British judge ordered former President Donald Trump to pay legal fees of $382,000 to a company he unsuccessfully sued in London over the infamous "Steele Dossier" that came to light after his 2016 election. The order, reported by multiple news outlets, came after the judge last month dismissed Trump's suit against Orbis Business Intelligence, a firm founded by former British spy Christopher Steele, saying the complaint was "bound to fail." The amount of money that Trump owes Orbis for legal fees could grow even higher. A specialist judge will later determine the total costs in the case that Trump must pay for the failed suit, which he filed in September. Orbis has asked for around $760,000. A lawyer for Trump, who is the presumptive Republican nominee for

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