Today: 20.07.2018
News
Opinion
Business
Living
Metro
Tech
Sport

Last News

15:39
Today
14:40
Today
13:59
Today
13:41
Today
13:39
Today
13:33
Today
13:27
Today
13:19
Today
13:18
Today
13:07
Today
12:41
Today
12:39
Today
12:17
Today
12:16
Today
12:11
Today
11:27
Today
11:25
Today
11:00
Today
10:47
Today
10:44
Today
10:16
Today
10:04
Today
09:54
Today
09:42
Today
08:58
Today
08:24
Today
04:37
Today
04:33
Today
02:09
Today
01:26
Today

Trump’s trade policy, IG report leads to stock market jitters.

What happens in Vegas may stay in Vegas — but what happens in Washington goes around the world in a blink of an eye. US equity markets opened lower on Monday, following the lead of stocks around the world as turmoil in DC — from President Trump’s trade policy to the Justice Department’s Inspector General...
Time: 11:32     Date: 18.06.2018
Last US News - Opinion: Trump’s trade policy, IG report leads to stock market jitters. NY Post 24 - US News

US equity markets opened lower on Monday, following the lead of stocks around the world as turmoil in DC — from President Trump’s trade policy to the Justice Department’s Inspector General report on how the FBI handled the Hillary Clinton e-mail probe — create uncertainty.

And stock markets don’t like uncertainty.

The Dow Jones industrial average opened Monday down more than 235 points, or about 1 percent — after Germany’s DAX was down 1.4 percent and France’s CAC declined 1.2 percent.

The Justice Dept.’s IG report, released on Friday, could make things worse. The report showed some high up people in the FBI really, really didn’t want Trump to be president.

That was a big black eye for the FBI, which isn’t supposed to dabble in partisan politics especially when it is investigating something as important as improper use of emails by Hillary right before the election.

And on the same day as the IG report came out, the new Attorney General for New York State charged a charitable foundation run by the Trump family with wrongdoing.

It can’t be a coincidence.

Again, more turmoil equals more uncertainty and a greater likelihood of market jitters.

So just like what is happening in Trump’s trade war, one action (the IG report) begets a counter action (the attack on Trump’s charitable foundation.) Tit-for-tat. Trading punches, in this case.

Both sides could easily go to the mats in an all out war that could cause a Constitutional crisis in this country.

Wall Street will be happy — for now — if Trump’s administration isn’t jeopardized. But if the Democrats or Special Counsel Robert Mueller, who is investigating Russian collusion (or something like that) in the last presidential election, come up with something substantial Wall Street is going to get very worried very quickly.

Sen. Charles Grassley (R-Iowa) is holding hearings on Monday at which Michael Horowtiz, the Justice Department IG who produced last Thursday’s report, will be questioned.

That report had been due weeks ago and Grassley had to postpone several hearings. That raised suspicions that the findings of the report were doctored.

In fact, three Republican House members — Rep. Andy Biggs (Ariz.), Matt Gaetz (Fla.) and Ron DeSantis (Fla.) — have already sent a letter to Horowitz asking for see earlier copies of the report. Biggs’ office said the letter was written before the IG report came out.

“We are concerned that during (a review period), people may have changed the report in a way that obfuscates your findings,” the letter from the trio of lawmakers said.

More than just my gut tells me that Grassley should also ask for a copy of the earlier drafts.

Here’s another thing that everyone is missing.

What typically happens in cases like this is that any accusations of improper activity by someone inside Justice will be referred to something called the Office of Professional Responsibility (OPR) for further review.

It’s almost automatic and everyone at Justice knows the routine. And certainly the stuff in Horowitz’s report raises questions of wrongdoing and should prompt an OPR look.

“OPR has jurisdiction to investigate allegations of professional misconduct against Department attorneys that relate to the exercise of their authority to investigate, litigate or provide legal advice, including allegations of professional misconduct against Department immigration judges,” says Justice’s web site.

“OPR may find the subject attorney committed professional misconduct by: (1) intentionally violating a clear and unambiguous obligation or standard imposed by law, applicable rule of professional conduct, or Department regulation or policy; or (2) recklessly disregarding his or her obligation to comply with that obligation or standard,” it also says.

The OPR can find that an attorney exercised poor judgment or simply made a mistake. “A poor judgment finding may lead to disciplinary action; a mistake finding does not,” says the Justice site. I don’t know what happens if OPR finds criminal behavior like obstruction of justice. A Justice spokesman wasn’t immediately available for comment.

But I think this is obvious: OPR will be pretty busy going through IG Horowitz’s report, especially the disturbing internal emails at the end of the nearly 600-page document.

Sen. Grassley might also want to ask Horowitz about any action now being undertaken by the OPR.

Opinion

Last US News - Opinion: Cuomo is playing ‘Chicken Little’ over abortion rights. NY Post 24 - US News
Cuomo is playing ‘Chicken Little’ over abortion rights.
Another Supreme Court nomination by a Republican president, another attempt to use cynical scare tactics by the Empire State’s...
Last US News - Opinion: Stop funding UN agencies that welcome the PLO. NY Post 24 - US News
Stop funding UN agencies that welcome the PLO.
Last month, two UN agencies, whose membership is limited to sovereign countries, gave a “member state” seat to the Palestinian...
Last US News - Opinion: What’s the best way to get back at Russian hackers? Lawsuits. NY Post 24 - US News
What’s the best way to get back at Russian hackers? Lawsuits.
The recent indictments of 12 Russian-intelligence officers raise two questions that ought to be asked of special counsel...
Last US News - Opinion: How to win a scholarship – and become a Cuomo stooge. NY Post 24 - US News
How to win a scholarship – and become a Cuomo stooge.
Students who got Gov. Cuomo’s Excelsior Scholarships may have an easier time paying their college bills, but who knew there’d...

Opinion

Last US News - Opinion: Cuomo is playing ‘Chicken Little’ over abortion rights. NY Post 24 - US News
Cuomo is playing ‘Chicken Little’ over abortion rights.
Another Supreme Court nomination by a Republican president, another attempt to use cynical scare tactics by the Empire State’s...
Last US News - Opinion: Stop funding UN agencies that welcome the PLO. NY Post 24 - US News
Stop funding UN agencies that welcome the PLO.
Last month, two UN agencies, whose membership is limited to sovereign countries, gave a “member state” seat to the Palestinian...
Last US News - Opinion: What’s the best way to get back at Russian hackers? Lawsuits. NY Post 24 - US News
What’s the best way to get back at Russian hackers? Lawsuits.
The recent indictments of 12 Russian-intelligence officers raise two questions that ought to be asked of special counsel...
Last US News - Opinion: How to win a scholarship – and become a Cuomo stooge. NY Post 24 - US News
How to win a scholarship – and become a Cuomo stooge.
Students who got Gov. Cuomo’s Excelsior Scholarships may have an easier time paying their college bills, but who knew there’d...
Last US News - Opinion: Don’t let lowered math standards become a trend. NY Post 24 - US News
Don’t let lowered math standards become a trend.
This is worrisome: CUNY seems to have adopted Team de Blasio’s fondness for dropping standards in schools. As The Post...

Living

US Living News: Why I left my ‘perfect’ fiancé at the alter. NY Post 24 - US News
Why I left my ‘perfect’ fiancé at the alter.
As told to Kerry Warren I had been single for nearly three years when Chris quite literally sailed into my life. I was standing...
US Living News: Queen Elizabeth has way less in the bank than you’d expect. NY Post 24 - US News
Queen Elizabeth has way less in the bank than you’d expect.
Thanks to “The Crown,” “Debretts” and Fergie’s propensity to overshare after several glasses of...
US Living News: Where the Rossellini family goes for authentic Italian. NY Post 24 - US News
Where the Rossellini family goes for authentic Italian.
Ingrid Rossellini has a Ph.D. in Italian literature, but her latest book tackles far more than Dante and Boccaccio: “Know...
US Living News: Premature penguin recovers after parents stepped on her egg. NY Post 24 - US News
Premature penguin recovers after parents stepped on her egg.
LONDON — London Zoo says a premature baby penguin has been nursed back to health after her parents accidentally stepped...
US Living News: How Pete Davidson could afford Ariana Grande’s $93K ring. NY Post 24 - US News
How Pete Davidson could afford Ariana Grande’s $93K ring.
Ariana Grande’s whirlwind engagement to Pete Davidson was a surprise for a number of reasons. For one thing, they seemed...
US Living News: Man dies after throat rots away from years of cocaine use. NY Post 24 - US News
Man dies after throat rots away from years of cocaine use.
A man died after years of snorting cocaine caused his throat to “turn black” and rot away. The 50-year-old man...
US Living News: Hawaii town hopes to cash in on tourists looking to see lava. NY Post 24 - US News
Hawaii town hopes to cash in on tourists looking to see lava.
HONOLULU — Stunning images of Hawaii’s erupting Kilauea volcano have captivated people around the world. But ironically...
US Living News: Music festival giving VIP access to people who take STD test. NY Post 24 - US News
Music festival giving VIP access to people who take STD test.
Revelers will be asked to take a sexually transmitted disease test this weekend in exchange for access to a VIP area at a...

Business

Last US Business News: Facebook suspends analytics firm over data collection. NY Post 24 - US News
Facebook suspends analytics firm over data collection.
Facebook says it has suspended Boston-based analytics firm Crimson Hexagon while it investigates how it collects and shares...
Last US Business News: Minority owners said ready to sell 10 percent stake in NY Mets. NY Post 24 - US News
Minority owners said ready to sell 10 percent stake in NY Mets.
The Mets may soon find out if they are losers off the field as well. At least three minority owners are set to sell a combined...
Last US Business News: State Street to buy investment firm Charles River for $2.6 billion. NY Post 24 - US News
State Street to buy investment firm Charles River for $2.6 billion.
US custodian bank State Street said on Friday it would buy Charles River Development, a privately held investment management...
Last US Business News: Trump rips Fed again for hiking interest rates. NY Post 24 - US News
Trump rips Fed again for hiking interest rates.
For the second day in a row, President Trump on Friday ripped the Federal Reserve for hiking interest rates — continuing...
Last US Business News: Inside Amazon as Prime Day crashed. NY Post 24 - US News
Inside Amazon as Prime Day crashed.
Within 15 minutes of the kickoff of one of Amazon’s biggest sales days of the year, it was quickly apparent the e-commerce...
Last US Business News: Whiskey makers desperate to avoid escalating trade war. NY Post 24 - US News
Whiskey makers desperate to avoid escalating trade war.
FRANKFORT, Ky. — Concerned that global trade disputes could escalate — with Kentucky bourbon makers caught in the crosshairs...
Last US Business News: Trump threatens putting tariffs on all imports from China. NY Post 24 - US News
Trump threatens putting tariffs on all imports from China.
President Trump on Friday said he’s ready to slap tariffs on every Chinese good imported to the U.S., threatening in...
Last US Business News: Papa John’s now facing ‘bro’ culture scandal as nightmare continues. NY Post 24 - US News
Papa John’s now facing ‘bro’ culture scandal as nightmare continues.
The John Schnatter stink will be harder to clean up at Papa John’s than first expected. The chief executive and a second...

Metro

Metro News: Teen arrested for vandalizing memorial honoring fallen Navy SEAL. NY Post 24 - US News
Teen arrested for vandalizing memorial honoring fallen Navy SEAL.
A 14-year-old boy was arrested on Long Island early Friday for vandalizing a memorial honoring a fallen Navy SEAL and Medal...
Metro News: City digs up ‘vermin’ mosaics that covered gaping potholes. NY Post 24 - US News
City digs up ‘vermin’ mosaics that covered gaping potholes.
They’ve been exterminated! The city appears to have made good on its pledge to dig up the mosaics of dead rats and...
Metro News: Dog group offering services for pups displaced by Flatiron explosion. NY Post 24 - US News
Dog group offering services for pups displaced by Flatiron explosion.
Flatiron District dog owners displaced by the steam-pipe explosion have been offered a free place to park their pets. The...
Metro News: Al Sharpton teases sit-down interview with Michael Cohen. NY Post 24 - US News
Al Sharpton teases sit-down interview with Michael Cohen.
Michael Cohen, President Trump’s former private attorney and current thorn in the side, has chatted with Rev. Al Sharpton...
Metro News: State Senate candidate wants off ballot over faked petition signatures. NY Post 24 - US News
State Senate candidate wants off ballot over faked petition signatures.
This is bizarre — even by New York political standards. A candidate for state Senate has filed a court petition pleading...
Metro News: Ocasio-Cortez teams up with Sanders to campaign in Kansas. NY Post 24 - US News
Ocasio-Cortez teams up with Sanders to campaign in Kansas.
WASHINGTON – Alexandria Ocasio-Cortez is taking her star power to America’s heartland to campaign for other progressive...
Metro News: Remains found in building will be tested by medical examiner. NY Post 24 - US News
Remains found in building will be tested by medical examiner.
A construction worker discovered possible human remains in a Harlem building Friday morning, police said. The hardhat found...
Metro News: 12-year-old crashes car during driving lesson with mom’s boyfriend. NY Post 24 - US News
12-year-old crashes car during driving lesson with mom’s boyfriend.
A 12-year-old girl crashed a car into a parked vehicle in Brooklyn on Friday morning while she was being taught to drive...

Sport

Last US Sport News: ESPN thinking of trying football experts to save ‘Get Up!’. NY Post 24 - US News
ESPN thinking of trying football experts to save ‘Get Up!’.
ESPN’s new morning show, “Get Up!,” is struggling for ratings, and now some changes may be on the way. The...
Last US Sport News: Yoenis Cespedes’ return comes at Dom Smith’s expense. NY Post 24 - US News
Yoenis Cespedes’ return comes at Dom Smith’s expense.
Finally, Yoenis Cespedes is back, after over two months on the sideline.  The Mets activated the enigmatic slugger,...
Last US Sport News: Minority owners said ready to sell 10 percent stake in NY Mets. NY Post 24 - US News
Minority owners said ready to sell 10 percent stake in NY Mets.
The Mets may soon find out if they are losers off the field as well. At least three minority owners are set to sell a combined...
Last US Sport News: MLB wastes no time in getting ‘transparent’ with Josh Hader. NY Post 24 - US News
MLB wastes no time in getting ‘transparent’ with Josh Hader.
After Josh Hader’s racist, homophobic and generally reprehensible tweets came to light during the All-Star Game, the...
Last US Sport News: Jets receiver suspended two games over failed PED test. NY Post 24 - US News
Jets receiver suspended two games over failed PED test.
ArDarius Stewart’s second chance to make a good impression is off to a rocky start. The Jets wide receiver will have...