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By David Barstow The New York Times Susanne Craig Russ Buettner Wed., Oct. 3, 2018 President Donald Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, legendary New York City builder Fred C. Trump, provided almost no financial help. But The Times’ investigation, based on a vast trove of confidential tax returns and financial records, reveals that Trump received the equivalent today of at least $413 million (U.S.) from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts … [Read more...] about Donald Trump engaged in suspect tax schemes as he reaped riches from his father, investigation reveals
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It looks like Trump’s plan to protect himself in New York has backfired spectacularly
President Donald Trump personally interviewed Geoffrey Berman to be US attorney for the Southern District of New York. Berman reportedly recused himself from the Michael Cohen raid. It was exactly the kind of thing Trump was likely looking to avoid. It appears as if President Donald Trump‘s plan to protect himself in New York just completely backfired. ABC News reported Tuesday that Geoffrey Berman, the interim US Attorney for the Southern District of New York, recused himself from the investigation into Trump’s longtime lawyer Michael Cohen. Two sources told ABC News that Berman was not involved in the decision to raid Cohen’s office and residences because of that recusal, which was approved by Deputy Attorney General Rod Rosenstein. Other attorneys in the office handled the raid, which was approved by a federal judge. It’s unlikely that Trump had such a situation in mind when he made the … [Read more...] about It looks like Trump’s plan to protect himself in New York has backfired spectacularly
In this depressed Pennsylvania steel town, Trump’s tariffs meet deep skepticism — and almost no one wants to hit Canada
By Daniel Dale Washington Bureau Chief Fri., March 9, 2018 MONESSEN, PA.—Bob Dyky has lost his retirement savings three separate times since his steel mill shut down with all the other steel mills around. He has watched his Pennsylvania steel town decay into its current state of dilapidated emptiness. And he believes the cause of all this Monessen misery is cheap steel imports. So when he heard President Donald Trump say he was imposing steep tariffs on foreign steel and aluminum, he was positively, profanely delighted, warnings about a trade war be damned. “Shut the f---ers down,” Dyky, a Trump voter, said Wednesday outside a Monessen grocery store. Then Dyky was asked whether the tariffs should ever apply to Canadian steel. His tone softened. “Not at all,” he said. Article Continued Below Trump exempted Canada from the tariffs he imposed Thursday, but he threatened to change his mind if Canada doesn’t agree to a … [Read more...] about In this depressed Pennsylvania steel town, Trump’s tariffs meet deep skepticism — and almost no one wants to hit Canada
Mueller is reportedly scrutinizing Trump’s efforts last July to force Jeff Sessions out of office
caption President Donald Trump speaks with Attorney General Jeff Sessions as they attend the National Peace Officers Memorial Service on the West Lawn of the U.S. Capitol in Washington, U.S., May 15, 2017. source Reuters/Kevin Lamarque Special counsel Robert Mueller is said to be investigating President Donald Trump’s heated attacks last summer on Attorney General Jeff Sessions. At the time, Trump asked why the “beleaguered” attorney general wasn’t “looking into Crooked Hillarys crimes & Russia relations.” Sessions’ recusal from the Russia investigation is a key point of frustration for Trump, who once reportedly asked why he couldn’t order “my guys” at the “Trump Justice Department” to do his bidding. Sign up for the latest Russia investigation updates here. The special counsel Robert Mueller’s team is eyeing … [Read more...] about Mueller is reportedly scrutinizing Trump’s efforts last July to force Jeff Sessions out of office
At Davos, delegates talk down Trump but bet big on US
DAVOS, Switzerland: Since Donald Trump won the US presidency, business has been booming for Monaco-based businessman Manfredi Lefebvre d'Ovidio. His privately owned luxury cruise operator, Silversea Cruises, registered an immediate pick-up in bookings from its main US market and demand has continued to grow."Let's face it, we should be grateful to Trump," said Lefebvre d’Ovidio, a delegate to the World Economic Forum at the Swiss ski resort of Davos where Trump will speak on Friday."The economy is strong, and the American consumer is spending."As the world's top policymakers and executives await Trump to address the Davos summit, they are privately voicing disbelief and disgruntlement at his foreign affairs, retreat on environmental issues and colourful tweeting.African leaders feel insulted after Trump is said to have classified their countries as shitholes, a comment he denies making. Latin American leaders are criticising his retreat from a Pacific-wide trade pact. And some … [Read more...] about At Davos, delegates talk down Trump but bet big on US