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Trumps Lawyer Brokered $130,000 Payment to Adult Film Star, WSJ Reports

Washington (AP) — President Donald Trump's personal lawyer brokered a $130,000 payment to a porn actress to prevent her from publicly discussing an alleged sexual encounter with Trump, according to a report Friday in The Wall Street Journal. Trump met Stephanie Clifford, whose goes by the name Stormy Daniels in films, at a golf event in 2006 — a year after Trump's marriage to his wife, Melania. According to the Journal's report, Clifford began talking with ABC News in the fall of 2016 for a story involving an alleged relationship…

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Senator Calls Trumps Denial of Shithole Comment Not True

A key Democratic senator who was at the Oval Office meeting on immigration said President Donald Trump’s denial that he called Haiti and African nations “shithole countries” is “not true” and that Trump made the “vile and racist” comments. “He said things which were hate-filled, vile and racist,” Senator Dick Durbin, of Illinois, who was at the meeting, told reporters Friday morning. “I cannot believe that in the history of the White House, in that oval office, any president has ever spoken the words that I personally heard our president…

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Trump Says Bannon Lost His Mind After Leaving White House

President Donald Trump denounced his former top strategist, Steve Bannon, on Wednesday in a dramatic break from the man considered an architect of Trump’s populist campaign. “When he was fired, he not only lost his job, he lost his mind,” Trump said in a statement issued after the publication of excerpts of a new book in which Bannon criticizes the president and his family. “Now that he is on his own, Steve is learning that winning isn’t as easy as I make it look.” Bannon has lost the access to…

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Trump Signs $1.5 Trillion Tax Cut in First Major Legislative Win

President Donald Trump signed the Republican tax-overhaul bill to little fanfare on Friday, delivering a major tax cut to U.S. corporations along with a package of temporary cuts for other businesses and most individuals. “I consider this very much a bill for the middle class and a bill for jobs,” Trump told reporters in the Oval Office before signing the legislation. “Corporations are literally going wild over this. I think even beyond my expectations.” Trump’s signature caps a seven-week sprint that

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Senate Passes Major Business, Individual Cuts: Tax Debate Update

The Senate tax bill is in the midst of a marathon vote session that stretched into early Saturday morning with the goal of holding a final vote in the next several hours. Here are the latest developments, updated throughout the day: Senate Passes Major Business, Individual Cuts (1:51 a.m.) Senate Republicans narrowly approved the most sweeping rewrite of the U.S. tax code in three decades, slashing the corporate tax rate and providing temporary tax-rate cuts for most Americans. The 51-49 vote — achieved only after closed-door deal-making with dissident senators…

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Mulvaney Says Would Be OK to Drop Mandate Repeal in Tax Plan

The White House wouldn’t oppose removing from the Senate tax plan a controversial provision to repeal the individual health-care mandate of the Affordable Care Act, budget director Mick Mulvaney said, a move that could help secure the vote of key Republicans. The provision could be dropped if it becomes “an impediment,” Mulvaney, head of the Office of Management and Budget, said on CNN’s “State of the Union.” “If we can repeal part of Obamacare as part of a tax bill and have a tax bill that is still a good…

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Trump Scraps Possible Formal Meeting With Putin

President Donald Trump will not meet formally with Russian President Vladimir Putin at an Asia-Pacific summit in Vietnam this week due to a scheduling conflict, the White House said Friday, amid U.S. concerns that the meeting wouldn’t create genuine progress on key issues. “Are they going to bump into each other and say hello? Certainly possible and likely,” Press Secretary Sarah Huckabee Sanders told reporters. “But in terms of a scheduled, formal meeting, there’s not one on the calendar and we don’t anticipate that there will be one.” Any Putin-Trump meeting…

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RenTechs Robert Mercer to Exit as Co-CEO, Sell Breitbart Stake

Donald Trump. Peter Brown, 62, will continue as CEO, according to a letter sent to employees at his hedge fund Thursday. Mercer, 71, will also leave Renaissance’s board and remain at the company as a member of the technical staff, focusing on research. Mercer and Brown took the co-CEO posts in 2010 after the company’s founder Read More: Read Mercer’s Letter to His Staff at Renaissance personal political projects dragged the notoriously secretive firm into the national spotlight. Mercer and his daughter, Rebekah, are prominent Republican donors and patrons of Stephen…

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Three Trump Associates Charged in Russia Collusion Probe

The federal investigation into whether President Read the full indictment here The accusations arrive after a months-long probe into possible crimes including obstruction of justice by Trump and other crimes by his associates. The Read more: Your Guide to Understanding the Trump-Russia Saga Manafort, 68, has been targeted by Mueller for months. A top Republican strategist who also worked extensively for foreign politicians, he left Trump’s campaign after only a few months in 2016. He departed after information surfaced about his work in Ukraine for a pro-Russian party, which intensified…

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Billionaire Founder Charged in Opioid Bribery Case

More than a decade after opioid painkillers first exploded across the U.S., John Kapoor found an aggressive way to sell even more, according to prosecutors: He began bribing doctors to prescribe them. Speakers’ fees, dinners, entertainment, cash — federal charges unsealed Thursday claim Kapoor’s striving company, Purdue Pharmaceutical Inc.’s marketing of OxyContin. Scores of states, cities and counties have sued companies including Purdue, Johnson & Johnson’s Janssen Pharmaceuticals, alleging they triggered the opioid epidemic by minimizing the addiction and overdose risks of painkillers such as Percocet. But so far, no…

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Taylor Has Complex History to Overcome If Picked as Fed Chair

John Taylor has a complicated history with the U.S. Federal Reserve that could force him into a hard pivot if he’s selected as its next leader. The Stanford University economist, who is on President Donald Trump’s short list to lead the central bank, wrote the monetary policy rule that Fed officials use as a constant reference, and many of the institution’s own economists are schooled in his ideas. On the other hand, he’s been a vocal critic of recent Fed policy, arguing that the institution should hew closer to the…

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Trump Hands Democrats an Opportunity on Immigration

President Donald Trump’s renewed demands for a border wall and dramatic changes to immigration laws in exchange for deportation protections for young undocumented immigrants may help Democrats by keeping the issue alive in the 2018 election year. Polls show voters side with Democrats on shielding the immigrants, known as Dreamers. By adopting a hard line, Trump is setting the stage for a prolonged fight in Congress that could help Democrats gain seats in the House and Senate. The White House on Sunday demanded “complete construction” of a U.S.-Mexico border wall…

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No U.S. Bailout for Puerto Rican Debt, Trumps Budget Chief Says

President Donald Trump’s budget chief said not to take literally the president’s suggestion that Puerto Rico’s debt would be “wiped out,” even as the territory’s bonds plunged to a record low on Wednesday: 32 cents on the dollar. "I think what you heard the president say is that Puerto Rico is going to have to figure out a way to solve its debt problem,” Mick Mulvaney, director of the White House budget office, said in an interview Wednesday. Puerto Rico, ravaged by Hurricane Maria on Sept. 20, is dealing with…

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Las Vegas Horror Drives All-Too-Predictable Gun Stock Rally

The grim predictability of stock-market reactions to U.S. mass shootings—where before a final tally of casualties can be reached, shares of gun makers rise—continued Monday in the wake of a Las Vegas attack that killed at least 58 and wounded 515. Historically, gun stocks have experienced a bump after a mass shooting for reasons both political and emotional. Gun sales typically rise over concerns that a deadly event could lead to more stringent gun-control legislation. An additional driver of sales, and by extension shares, is the rush by some consumers to purchase guns to…

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Bossert Defends Trumps Wait to Waive Jones Act for Puerto Rico

President Why Puerto Rico Pushed Trump to Waive This Law: QuickTake Q&A “Finally, the White House is beginning to wake up, taking temporary action on the Jones Act and upping the military presence," Illinois Representative Luis Gutiérrez, a Democrat, said in a statement. "But it took a while and more is needed right now.” There is dispute about the importance of waiving the Jones Act. The top Republican and Democrat on the House Transportation Maritime subcommittee said they’re against it. "The concerns about the situation in Puerto Rico are real. But…

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