Senate Minority Leader Chuck Schumer told reporters Tuesday a "steady drip-drop of information" and "the truth" are "leaking out" in media reports, bolstering Democratic calls for more witnesses and documents in the trial for the U.S. president.
He said the president and Bolton said "diametrically opposed things," but only one "is willing to testify under oath. Who do you believe?"
Speaking before President Donald Trump's attorneys begin their third and final day of defense arguments in the impeachment trial Schumer maintained Democrats would not bargain on witnesses and said he believes the chamber's minority is in "better shape today" than it was a month ago.
Borrowing a term from the president's defense lawyer Jane Raskin, who yesterday warned Senators that Trump's personal lawyer Rudy Giuliani is a "shiny object designed to distract," Schumer said Republicans are always "looking for a shiny object to divert attention from the facts and the president."
Schumer also repudiated a new idea from prominent Trump supporters who are trying to figure out how to handle a New York Times report that claims former National Security Advisor John Bolton has written a manuscript in which he says the president said he was holding back Ukraine aid in exchange for an investigation into political adversaries. Senators Lindsey Graham and Senator James Lankford have suggested Senators be allowed to read the manuscript in a classified setting.
"What an absurd proposal," Schumer said. "It's a book. There's no need to be read in the SCIF [Sensitive Compartmented Information Facility]."
Schumer cited news reports that alleged the president ordered former national security advisor John Bolton not to testify, and that Bolton was concerned Trump was granting favors to autocratic leaders.
"Did the president have financial interests at stake?" Schumer asked. "Maybe his kids had some economic interest at stake."
Though Schumer noted those questions are not at the center of today's trial, he asked if they had impacted the nation's foreign policy.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
A new report finds the Department of Government Efficiency’s remaking of the federal workforce has battered the Washington job market and put more households in the metropolitan area in financial distress.
A new poll finds U.S. adults are more likely than they were a year ago to think immigrants in the country legally benefit the economy. That comes as President Donald Trump's administration imposes new restrictions targeting legal pathways into the country. The Associated Press-NORC Center for Public Affairs Research survey finds Americans are more likely than they were in March 2024 to say it’s a “major benefit” that people who come to the U.S. legally contribute to the economy and help American companies get the expertise of skilled workers. At the same time, perceptions of illegal immigration haven’t shifted meaningfully. Americans still see fewer benefits from people who come to the U.S. illegally.
Shares of Tylenol maker Kenvue are bouncing back sharply before the opening bell a day after President Donald Trump promoted unproven and in some cases discredited ties between Tylenol, vaccines and autism. Trump told pregnant women not to use the painkiller around a dozen times during the White House news conference Monday. The drugmaker tumbled 7.5%. Shares have regained most of those losses early Tuesday in premarket trading.
Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent approach. In remarks in Providence, Rhode Island, Powell noted that there are risks to both of the Fed’s goals of seeking maximum employment and stable prices. His approach is in sharp contrast to some members of the Fed’s rate-setting committee who are pushing for faster cuts.
President Donald Trump’s efforts to reshape the American media landscape have led to the suspension of late-night comedian Jimmy Kimmel.
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years. He says the freedom the company used to have to speak up on social issues has been stifled
