When Donald Trump sold his luxury DC hotel this week, the new owners agreed to fork over a surprising amount of money. Florida-based CGI Merchant Group will pay a reported $375 million for the hotel—a price of more than $1 million per guest room, which would set a record in the nation’s capital. But according […]
Author: Russ Choma
Judge Will Let Trump Out of Contempt—If He Pays Up and Cooperates
The judge presiding over Donald Trump’s legal battle with New York Attorney General Letitia James has agreed to give the former president a break on the $10,000-per-day fines that have been piling up for more than two weeks. Back on April 26, Judge Arthur Engoron declared Trump was in contempt of court for failing to […]
Still in Contempt, Trump Now Owes New York $150,000
Former President Donald Trump now owes at least $150,000 in fines for contempt of court stemming from his failure to cooperate with New York Attorney General Letitia James’ civil fraud investigation into his business practices—and there’s still no indication of when the financial penalties will stop increasing. Trump has been trying to fend off James’ […]
A US Government Loophole Is Helping Putin’s Cronies Hide Their Cash
Over the past four decades, private equity has become a powerful, and malignant, force in our daily lives. In our May/June 2022 issue, Mother Jones investigates the vulture capitalists chewing up and spitting out American businesses, the politicians enabling them, and the everyday people fighting back. Find the full package here. After Russia invaded Ukraine, Western nations hit back with […]
These Are Congress’ Biggest Private Equity Investors
Over the past four decades, private equity has become a powerful, and malignant, force in our daily lives. In our May/June 2022 issue, Mother Jones investigates the vulture capitalists chewing up and spitting out American businesses, the politicians enabling them, and the everyday people fighting back. Find the full package here. Among the 22 members of the House and […]
New York Judge Holds Donald Trump in Contempt of Court
New York state Attorney General Letitia James won a significant victory over former President Donald Trump on Monday, when the judge overseeing her civil fraud investigation into his company’s business practices ordered that Trump be held in contempt of court for refusing to turn over documents. James is investigating whether Trump and his company fraudulently […]
NY AG Asks Judge to Hold Donald Trump in Contempt for Failing to Turn Over Documents
New York Attorney General Letitia James appears to be at the end of her rope with Donald Trump’s legal delay tactics, asking a judge on Thursday to hold the former president in civil contempt of court and fine him $10,000 a day for his failure to turn over documents in response to a subpoena. The […]
Trump’s Social Media Empire Is Flailing
When Donald Trump announced he planned to launch his own social media platform—and eventually his own streaming and web-hosting MAGA-verse—his allies speculated it could launch him into another stratosphere of messaging power and wealth. The idea was to wed the former president’s new venture to a so-called “SPAC” (a Special Purpose Acquisition Company)—a publicly-traded empty […]
The Trumps Did Business With an Oligarch Linked to Iran’s Revolutionary Guard. They’d Like You to Forget.
As part of the ongoing negotiations to revive the Iran nuclear deal, diplomats have floated the possibility of removing the Iranian Revolutionary Guard Corps from the United States’ official list of terrorist groups. That would be a controversial step, and the matter is far from settled. But many on the right are enraged by the […]
Trump Won’t Face Charges in New York. That Doesn’t Mean He Did Nothing Wrong.
Former Manhattan District Attorney Cy Vance pursued Donald Trump for years—methodically wading through ultimately fruitless legal challenges by Trump’s attorneys to block him from accessing the inner workings of the Trump Organization. Analysts assumed that Trump was fighting a defense not so much based on his innocence but on running out the clock on the […]