Steve Bannon, a longtime ally of former President Donald Trump, appeared before a judge on Monday to face criminal contempt charges for defying a subpoena from a House committee investigating January’s insurrection at the U.S. Capitol.
Bannon surrendered earlier in the day to FBI agents. The 67-year-old was indicted on Friday on two counts of criminal contempt – one for refusing to appear for a congressional deposition and the other for refusing to provide documents in response to the committee’s subpoena.
Bannon did not enter a plea during the hearing. Magistrate Judge Robin Meriweather released him without bail but required him to check in weekly with court officials and ordered him to surrender his passport. He is due back in court on Thursday.
If convicted, Bannon faces a minimum of 30 days and a maximum of one year behind bars on each count, prosecutors said. Outside the courthouse, a large inflatable rat made to look like former President Trump was on the sidewalk as reporters waited for Bannon to leave the courthouse.
The indictment came as a second expected witness, former White House Chief of Staff Mark Meadows, defied a separate subpoena from the committee on Friday and as Trump has escalated his legal battles to withhold documents and testimony about the insurrection.
If the House votes to hold Meadows in contempt, that recommendation would also be sent to the Justice Department for a possible indictment.
Officials in both Democratic and Republican administrations have been held in contempt by Congress, but criminal indictments for contempt are exceedingly rare.
The indictment against Bannon comes after a slew of Trump administration officials – including Bannon – defied requests and demands from Congress over the past five years with little consequence, including during an impeachment inquiry. President Barack Obama’s administration also declined to charge two of its officials who defied congressional demands.
The indictment says Bannon didn’t communicate with the committee in any way from the time he received the subpoena on Sept. 24 until Oct. 7 when his lawyer sent a letter, seven hours after the documents were due.
Bannon, who worked at the White House at the beginning of the Trump administration and currently serves as host of the conspiracy-minded “War Room” podcast, is a private citizen who “refused to appear to give testimony as required by a subpoena,” the indictment says.
When Bannon declined to appear for his deposition in October, his attorney said the former Trump adviser had been directed by a lawyer for Trump citing executive privilege not to answer questions.
Updated on November 15, 2021, at 2:34 p.m. ET with the latest details.
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.