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Wednesday, Jul 03rd

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Report: Russian Elite Invested Nearly $100 Million In Trump Buildings, Records Show

Russian investments in Trump propertiesDuring the 2016 presidential campaign, Donald J. Trump downplayed his business ties with Russia. And since taking office as president, he has been even more emphatic.

“I can tell you, speaking for myself, I own nothing in Russia,” President Trump said at a news conference last month. “I have no loans in Russia. I don’t have any deals in Russia.”

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Top NSA official ridicules allegation Britain spied on Trump

Deputy NSA Director Richard LedgettAllegations from the United States that British spy agency GCHQ snooped on Donald Trump during his election campaign are "arrant nonsense", the deputy head of the U.S. National Security Agency (NSA) said in an interview on Saturday.

President Trump has stood by unproven claims that the Obama administration tapped his phones during the 2016 White House race. On Thursday his spokesman cited a media report that Britain's GCHQ was behind the surveillance.

Richard Ledgett, deputy director of the NSA, told BBC News the idea that Britain had a hand in spying on Trump was "just crazy".

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Bruce Enberg: The End of the World

The End of the WorldIn case you missed it the other day, Senators of the Intelligence Committee Chairman Chuck Grassley and Ranking Member Diane Feinstein emerged late after a TOP SECRET briefing from the Director of Your FBI to face reporters. Chairman Grassley let the Ranking Member speak for him as he appeared about to lose his lunch.

They steadfastly refused to make any comment on the briefing with Democrat Feinstein repeating that the briefing was highly classified. Remember that the reporter gaggle was scheduled ahead of time & Feinstein apologized for keeping them waiting for a considerable time.

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Trump travel ban dealt another blow by Maryland judge

maryland judge blocks second travel banPresident Trump's temporary travel ban targeting six majority-Muslim countries was dealt another blow Thursday after a federal judge in Maryland suspended a portion of the ban that prevented visas being issued to nationals of the six countries.

The Maryland decision follows a ruling by a federal judge in Hawaii on Wednesday, although it is narrower in scope.

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Fed hikes interest rates, signals two more increases for 2017

Interrest rates increaseThe Federal Reserve’s top policymaking body on Wednesday pulled the trigger on another increase in interest rates, the first since Donald Trump became president, and signaled there will be two more hikes this year.

The Federal Open Market Committee, which sets the key borrowing rate that affects interest payments on everything from mortgages to savings accounts, raised rates one-quarter of a percentage point. Still, the FOMC emphasized that it plans to nudge up interest rates gradually. The key rate now stands at between 3/4 of a percent and 1 percent.

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FBI investigation continues into 'odd' computer link between Russian bank and Trump Organization

Trump organization link to Russian bankFederal investigators and computer scientists continue to examine whether there was a computer server connection between the Trump Organization and a Russian bank, sources close to the investigation tell CNN.

Questions about the possible connection were widely dismissed four months ago. But the FBI's investigation remains open, the sources said, and is in the hands of the FBI's counterintelligence team -- the same one looking into Russia's suspected interference in the 2016 election.

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Hubble finds young super star cluster, giant star

Super star cluster discoveredNASA scientists have gotten a closer look at one of the largest stars ever discovered in a super star cluster, thanks to images from the Hubble Space Telescope.

A new image from Hubble has revealed a young super star cluster called Westerlund 1, home to a gigantic star known as Westerlund 1-26.

Westerlund 1 is a star cluster 15,000 light-years away from Earth in the Milky Way galaxy.

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The coming GOP assault on regulations

BannonWhile President Donald Trump has launched a noisy crusade to slash regulations that constrain American businesses, Republicans in Congress have embarked on a less prominent but potentially more lasting effort to make it much harder for federal agencies to create new regulations in the future.

There is a flurry of anti-regulatory legislation floating around Capitol Hill, but it is becoming clear that the key Republican vehicle to rein in rulemaking will be Ohio Senator Rob Portman’s Regulatory Accountability Act. A 16-page draft of the legislation obtained by POLITICO was significantly less radical than several aggressive bills recently passed by the House of Representatives, but industry groups have pinned their hopes on this one attracting support from enough moderate Democrats to overcome a Senate filibuster and make it to Trump’s desk. And even if the Portman bill won’t automatically ensure “the deconstruction of the administrative state” promised by White House adviser Steve Bannon, it could still dramatically curtail the power of government regulators in the long run.

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Three misleading claims from Paul Ryan's Obamacare lecture

Ryans misleading statementsWith his jacket off and sleeves rolled up, House Speaker Paul Ryan made the case for the Republican health care law Thursday, walking through a 35-minute PowerPoint presentation to a packed crowd of reporters and millions of viewers watching on the three cable TV networks. It was quintessential Ryan, calmly explaining the details of the American Health Care Act looking more like a college professor than a professional politician.

But in making his case, Ryan made a series of misleading statements, both about the current state of Obamacare and the details of the replacement bill. Three stand out:

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