Paul Manafort is suing the Department of Justice. The suit challenges the authority of Special Counsel Robert Mueller and alleges the Justice Department violated the law in appointing Mueller. Rep. Steve Cohen (D-TN) reacts to the breaking news.
Cohen called the lawsuit rather novel and unique. "I think its an unusual attack and I think it probably shows Manafort knows the facts are against him," said Cohen.
"I think we are going to find out this is one of the most awful and disgusting periods in the history of American government," said Cohen.
On Wednesday bipartisan congressional leaders gathered at the White House to meet with OMB Director Mick Mulvaney to discuss the budget deal ahead of the January 19 deadline. Cohen says he expects a deal to be reached, and a government shutdown will be avoided.
The Treasury Department pushed for the requirement to help close the tax gap in the crypto industry by forcing better IRS reporting, but legislators on both sides of the aisle argue that the language is too broad and could curb innovation in the space.
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year’s coronavirus recession.
Federal officials said Monday they are seeking more than $160,000 in fines from eight airline passengers over incidents involving alcohol.
President Joe Biden is ordering a record-setting 50 million barrels of oil released from America's strategic reserve to help bring down energy costs.
El Salvador President Nayib Bukele says his government will build an oceanside “Bitcoin City” at the base of a volcano.
President Joe Biden announced he’s nominating Jerome Powell for a second term as Federal Reserve chair, endorsing Powell’s stewardship of the economy through a brutal pandemic recession.
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.
Kyle Rittenhouse has been acquitted of all charges after pleading self-defense in the deadly Kenosha, Wisconsin, shootings that became a flashpoint in the nation’s debate over guns, vigilantism and racial injustice.
A sharply divided House has approved the Democrats’ sweeping social and environment bill, a big victory for President Joe Biden.
A rare first printing of the U.S. Constitution has sold at Sotheby’s in New York for $43.2 million, a record price for a document or book sold at auction.
