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President Donald Trump tweeted on Thursday that he will continue to follow the advice of his lawyers and cooperate with special prosecutor Robert Mueller."I have agreed with the historically cooperative, disciplined approach that we have engaged in with Robert Mueller (Unlike the Clintons!). I have full confidence in Ty Cobb, my Special Counsel, and have been fully advised throughout each phase of this process," Trump tweeted.Recent reports indicated that Trump has been especially irate with an FBI raid of his personal lawyer's office, the findings which could eventually be turned over to Mueller for his investigation into Russian meddling in the 2016 election. Some outlets report that Trump is considering firing deputy Attorney General Rod Rosenstein, who appointed Mueller as special counsel last year.The Washington Post also reports that Trump's former advisor, Steven Bannon was urging aides on a plan to fire Rosenstein and stop cooperating with Mueller.Trump is reported to have considered firing Mueller in December 2017 and in June 2017, according to the New York Times.  1128

Republicans suffered setbacks to court challenges over the presidential election in three battleground states on Friday as a national law firm that came under fire for its work for President Trump’s campaign withdrew from a major Pennsylvania case. The legal blows began when a federal appeals court rejected an effort to block about 9,300 mail ballots that arrived after Election Day in Pennsylvania. The judges noted the “unprecedented challenges” facing the nation during the COVID-19 pandemic. Meanwhile, a Michigan judge found no evidence of fraud in refusing to stop the certification of Detroit-area election results. And in Arizona, a judge dismissed a Trump campaign’s lawsuit seeking the inspection of ballots in metro Phoenix.President-elect Joe Biden is projected win at least 290 Electoral College votes, and could add to his lead depending on a hand recount in Georgia. Biden is leading Georgia by more than 12,000 votes. 944

President-elect Joe Biden had a stark warning if there is not collaboration on national efforts to combat the coronavirus."More people may die if we don’t coordinate," President-elect Biden said Monday during remarks from Wilmington, Delaware. He urged a coordination effort not only between administrations, but also with Congress, business owners, educators, and governors. "We are at war with the coronavirus," Biden said. President Donald Trump has not conceded the presidential election, and his administration has not formally signed an ascertainment that would allow the incoming Biden administration access to intelligence briefings and department leaders, including the coronavirus team, and funding for transition efforts. Biden and Vice President-elect Kamala Harris spoke about the economy, and their strategy to "hit the ground running" in January when they are sworn in. Biden shared his frustration that President Trump and Congress has not passed more relief as Americans struggle, referencing long-term unemployment numbers and rising evictions. Harris said they had spent Monday talking to business owners representing leaders from corporations, small businesses, and those in between."The road ahead, it will not be easy. But the president elect and I are hitting the ground running," Harris said.She also addressed the disparities in how the coronavirus pandemic is effecting communities of color."Last month, the unemployment rate of Black Americans was almost twice those of others," Harris said, adding that Native Americans were four times more likely to be hospitalized with the coronavirus.Biden repeated proposed policies that would increase the corporate tax and increase taxes for the wealthiest Americans while keeping the tax rate for the middle-class consistent. He's also called for more COVID-19 stimulus and more widespread use of the Defense Production Act in order to create jobs while producing more personal protective equipment."There’s so much we can do, and we can’t do any of this without working together," Biden said. He also urged Congress to pass coronavirus relief funds. Biden's address comes as millions of Americans remained unemployed due to the COVID-19 pandemic. Earlier this month, the Labor Department reported better than expected unemployment numbers from October through the unemployment rate remains at just under 7%.Prior to the pandemic, the last time unemployment was as high as 7% was about six years ago, as the country continued to recover from the Great Recession.Biden's comments also come as the stock market has jumped on encouraging news of a potential COVID-19 vaccine. Following Moderna's Monday announcement that its vaccine candidate has been 95% effective in Phase 3 trials, the Dow jumped more than 400 points for an increase of about 1.5%.Despite historic losses in February and March, the Dow remains in the black from the beginning of 2020.Biden also shared that he and his wife Dr. Jill Biden spent the morning deciding who they would spend Thanksgiving with. Saying they were encouraged by health experts to limit their gathering to a maximum of ten people, while still wearing masks and social distancing. 3196

President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519

President Donald Trump told reporters on Tuesday that he plans on announcing his nomination to replace Justice Ruth Bader Ginsburg on Saturday at 5 p.m. ET.It does not appear there will be any drama involving the confirmation of a new justice after Sen. Mitt Romney announced earlier on Tuesday he will not stand in the way of Trump’s nominee. Only two Republican senators - Lisa Murkowski of Alaska and Susan Collins of Maine - say they oppose holding a confirmation vote amid an election. With just Murkowski and Collins joining Democrats in opposing a confirmation close to the election, Republicans will likely have 51 votes to confirm Trump’s nominee.On Monday, Trump said he is choosing among five women to nominate to the Supreme Court by the end of the week, and is pushing for the nominee to be confirmed by Election Day.On Tuesday, Trump said he wants to see a full bench of nine justices in place by the election in order to oversee any potential election challenges.While the Supreme Court has given a 5-4 advantage to conservatives for many years, Chief Justice John Roberts has occasionally sided with the four liberal justices on key votes, including challenges on the Affordable Care Act. With Ginsburg’s death, the court will give conservatives a 6-3 edge, and gives the party hope of overturning Roe versus Wade and the Affordable Care Act. 1366

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