Former White House advisor Steve Bannon testified in a closed-door hearing on Tuesday with the House Intelligence Committee. The hearing about questions surrounding ties between the Trump campaign and Russia. Axios' National Political Reporter Jonathan Swan explains what he's learned about Bannon's testimony, and the way members of Congress are reacting.
"Bannon walks in the room and in the opening remarks his lawyer says 'we are not going to talk about anything that happened inside the White House or the transition,'" describes Swan. The congressional committee members were reportedly pretty angry about this start to the meeting, reports Swan.
During the meeting Bannon admitted he had conversations with Reince Priebus, Sean Spicer, and legal spokesman Mark Corallo about Donald Trump Jr.'s alleged meeting with Russians in Trump Tower, according to Swan. This is a conspicuous screw-up to what was originally planned, and is at the center piece of the Russian investigation.
The settlement forces the Sackler family to give up control of the Stamford, Connecticut-based business, according to the Associated Press, while the company will pay up to $12 billion over time.
Assembly Bill 5, which the state Senate approved on Tuesday, would require employers to treat independent contractors — like Lyft and Uber drivers — as regular employees.
JPMorgan has developed a new index to track the impact that President Trump's tweets have on the market. The so-called Volfefe Index will specifically examine how the president's tweets affect U.S. Treasury yields.
These are the headlines you Need 2 Know for Monday, September 9, 2019.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Powell's optimistic remarks come amid a growing concern by economists, investors, and business leaders that a slowing of the U.S. economy is imminent.
Despite the economy's sustained growth, the jobs added in August were less than the nearly 160,000 expected by analysts. Monthly employment growth so far this year now averages 158,000, which remains well below 223,000 average monthly gains in 2018.
British lawmakers are set to vote again Monday on whether or not to hold a general election next month as the UK continues to wrestle with the looming Brexit deadline.
Ten of the top Democratic candidates for president presented their plans to tackle climate change during a marathon, seven-hour town hall broadcast live on CNN Wednesday.
These are the headlines you Need 2 Know for Thursday, September 5, 2019.
