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Trump lawyers return to Supreme Court to fight financial records subpoena

Trump lawyers return to Supreme Court to fight financial records subpoena

The legal wrangling is a follow-up to this summer’s decision by the court that the president is not immune from a criminal investigation while he holds office. But the justices said Trump could challenge the specific subpoena, as every citizen may, for being overbroad.

Vance is seeking eight years of the president’s tax returns and related documents as part of his investigation into alleged hush-money payments made ahead of the 2016 election to two women who said they had affairs with Trump years before. Trump denies the claims.

Investigators want to determine whether efforts were made to conceal the payments on tax documents by labeling them as legal expenses.

In the latest round of litigation, Trump’s lawyers argued to a district judge and the U.S. Court of Appeals for the 2nd Circuit that the subpoena to Trump’s accounting firm Mazars is an overbroad “fishing expedition” and that it was issued in bad faith to harass him.

Those claims were rejected by the lower courts.

“We have considered all of the president’s remaining contentions on appeal and have found in them no basis for reversal,” said the unanimous 2nd Circuit panel, affirming a 108-page opinion by a district judge.

Trump’s lawyers told the Supreme Court both of those decision were faulty and that the subpoena was not narrowly tailored but was instead based on one issued by Congress.

This subpoena, which makes sweeping demands and is copied from Congress, crosses the line — even if it was “aimed at ‘some other citizen’ instead of the president,” wrote Trump’s lawyers William S. Consovoy and Jay Alan Sekulow.

“The court of appeals not only ignored how the district court stacked the deck against the President,” the petition continues. “But it also broke every rule and precedent applicable” to the legal procedure at issue,

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65% Of Investors Say Trump Better For Stock Market. Only 16% Say Biden

65% Of Investors Say Trump Better For Stock Market. Only 16% Say Biden

Of the 1,164 investors surveyed by Investing.com, 53% said that if the stock market still looks good by Election Day next month, incumbent Donald Trump will end up winning. And most of them think the market will be better off with Trump then Biden, though there are some major caveats worth pointing out before you think a Biden win a short sellers dream.

Americans head to the polls in less than four weeks. Mail-in ballots, done for the first time this year, suggests that unlike other years throughout history, an outcome won’t be known on election night. The last time that happened was in November 2000 in George W. Bush versus Al Gore.

According to the Investing.com survey, a whopping 90% said that Trump’s catching Covid-19 did not make them nervous enough to change their investing positions.

“The initial downward move was nothing more than a knee-jerk reaction to the dramatic headlines,” says Jesse Cohen, senior analyst at Investing.com. “As the hours and days progressed it became clear that President Trump was not in a life-threatening situation, easing worries over a sudden deterioration in his health.”

Moreover, 60% said they have no plans to make any changes to their investments ahead of the presidential election. And 86% think there will be a “moderate impact” or a “significant impact” to financial markets once we know who the winner is.

Overall, beyond the election result, Wall Street’s main concern is whether the winner will introduce a fresh round of stimulus. “These are far more important factors likely to influence the market in the coming weeks,” Cohen says.

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Trump economic adviser calls president’s debate performance ‘crappy’

Trump economic adviser calls president’s debate performance ‘crappy’

President TrumpDonald John TrumpTwo ethics groups call on House to begin impeachment inquiry against Barr Trump relishes return to large rallies following COVID-19 diagnosis McGrath: McConnell ‘can’t get it done’ on COVID-19 relief MORE‘s economic adviser Stephen MooreStephen MooreSunday shows – Coronavirus stimulus, Barrett hearings share spotlight Stephen Moore doubts need for T stimulus, predicting US economic growth On The Money: Trump gambles with new stimulus strategy | Trump cannot block grand jury subpoena for his tax returns, court rules | Long-term jobless figures rise, underscoring economic pain MORE earlier this month called the president’s debate performance “crappy” following the first debate with Democratic presidential nominee Joe BidenJoe BidenMcConnell challenger dodges court packing question ‘Hamilton’ cast to reunite for Biden fundraiser Trump relishes return to large rallies following COVID-19 diagnosis MORE.

“It was not a great performance by Trump; in fact, I thought it was a pretty crappy performance,” Moore said at an Oct. 2 conference hosted by the pro-Trump FreedomWorks nonprofit organization, HuffPost reported.

In late September, the debate between Trump and Biden was widely regarded by viewers and critics to be riddled with cross talk and political mockery, leaving many questions unanswered about the two combatting presidential platforms.

Moore also conceded that Trump’s first debate with Democratic nominee Hillary ClintonHillary Diane Rodham ClintonWhen do problems with mail-in ballots become a problem for the media? Trump campaign official blames Biden lead on ‘skewed’ polls Trump’s Hail Mary passes won’t get him in the end zone MORE in the 2016 election was similarly just as bad.

The economist recalled leaving New York’s Hofstra University after the 2016 debate with now-White House economic adviser Larry KudlowLarry KudlowMORE, telling the conference audience, “My friend called me and said, ‘Steve, looks like you and Larry

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Analysis: 2020 is not 2016, but don’t count Trump out yet | US & Canada

Analysis: 2020 is not 2016, but don’t count Trump out yet | US & Canada

Three weeks from election day, Donald Trump is trailing in the polls and some Democrats are plotting for the next four years under a Democratic president. That was the scene in 2016 and it’s shaping up to be the same in 2020, as Joe Biden’s solid, sustained lead in United States polls has increased in the last week.

Not so fast, President Trump’s campaign officials say. They are quick to remind how his candidacy was written off by virtually everyone, including many Republicans, four years ago this week, as he dealt with the fallout from the release of tape filmed behind the scenes of the US TV show Access Hollywood, in which Trump was recorded making vulgar remarks about women. Yet due to a unique political environment and a late-October surprise when the FBI reopened and then quickly closed its investigation into candidate Hillary Clinton’s emails, Trump was able to eke out victories in Michigan, Pennsylvania and Wisconsin, delivering him an improbable victory.

The world has changed enormously in four years, as has the political situation in which Trump finds himself. Instead of railing against the establishment as an agent of change, Trump is now in charge and is being blamed for mishandling a once-in-a-century pandemic that has rocked the country and has directly affected him, hospitalising him and sidelining him from a week-and-a-half of crucial campaign travel.

That makes the ‘Look what Trump did in 2016’ a poor argument for why he may or may not still have a chance this year.

That being said, despite the massive momentum Biden seems to have and the political corner Trump has painted himself into, there are still small glimmers for Trump and his team, if he can successfully shake things up in these final three weeks.

Biden’s large, consistent lead

While

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Desperate Americans hit by pandemic beg Congress, Trump to pass economic relief bill

Desperate Americans hit by pandemic beg Congress, Trump to pass economic relief bill

(Reuters) – Sylvia Padilla spent last Thursday checking food pantries in Lubbock, Texas for groceries to feed herself, her daughter and three-year-old grandson.

Sylvia Padilla poses for a photo outside St. John’s United Methodist Church in Lubbock, Texas, U.S. on October 8, 2020. REUTERS/Brad Brooks

Some places were closed, others had nothing available. Outside the shuttered St. John’s United Methodist Church, Padilla, 50, recounted her struggle to survive during the economic disaster that the novel coronavirus pandemic had dumped upon her, choking words out through tears of fear and frustration.

“This is like a nightmare I can’t wake up from,” Padilla said, resting her face in her hands. “It really feels like a nightmare, but it’s our reality.”

Like many Americans, Padilla is barely getting by and says she desperately needs government help. She received a $1,200 check in April from the Coronavirus Aid, Relief and Economic Security Act passed by the U.S. Congress and signed by President Donald Trump on March 27.

The check helped her pay back rent she owed and she and others are hoping that lawmakers and the Trump administration can reach accord soon on another relief package after months of disagreements.

“We’ve got some potatoes and beans at home. A bit of flour for tortillas. We’re just trying to make that stretch,” said Padilla, whose business selling food to construction workers ended with the pandemic and her daughter last month lost her job in retail sales.

“A new stimulus check would really mean the world to me right now.”

After March’s shutdowns to curb the spread of the virus, unemployment in the United States shot to levels here not seen since the Great Depression. Many jobs returned as parts of the economy reopened, and consumer spending rebounded, thanks in part to the $2.2 trillion stimulus

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