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Former Trump campaign chairman Paul Manafort sought a plea deal before his trial in Washington, DC, federal court next month, but talks stalled over issues raised by special counsel Robert Mueller, The Wall Street Journal reported Monday, citing people familiar with the matter.Manafort was found guilty last Tuesday in a separate trial in Virginia federal court on eight counts of financial crimes, including tax fraud, bank fraud and hiding foreign bank accounts. He faces a second set of criminal charges next month in Washington of failure to register his foreign lobbying and money laundering conspiracy.The talks between the defense and prosecutors occurred last week as the Virginia jury was deliberating, people familiar with the matter told the Journal. The newspaper said it was unclear what issues Mueller raised or what terms for a potential plea might have been proposed.Representatives for Manafort and Mueller declined to comment to the Journal.The second trial is scheduled to begin on September 17 and is also related to Manafort's political consulting work in Ukraine. Mueller's office has almost three times as many exhibits?it wants to show a jury as it did in the Virginia case, indicating how expansive Mueller's investigation of Manafort has been. 1298

For most of the pandemic, people have enjoyed record low interest rates, making way for a boom in mortgage refinancing. But experts say the upcoming election could have a major impact on whether those rates stay low."I think for a lot of reasons there will be even more volatility. You have the backdrop of the pandemic, you have quite a rivalry," said Josh Stech, Co-founder and CEO of Sundae, a company that helps people with homes in bad condition get their properties sold. Stech says the pandemic has created even more of a wedge between the two parties and interest rates will be impacted."I would say that we’re cautiously optimistic that we’ll see a strong 2021 regardless of who wins but there’s always that looming uncertainty of who wins and also what policies that follow that, that could impact unemployment, that could impact tax rates, that could just change consumer behavior again," said Stech.Matthew Garcia, a Senior Loan Officer with Supreme Lending, says historically, interest rates waver before an upcoming presidential election. "Last election in 2016, rates were in the lower threes. Literally, two to three days later rates went into the fours. That’s how violent and how rapid interest rates can move. A lot of folks', mistakes people make is they think the government makes interest rates. They don't. Interest rates for mortgages are controlled by bond market activity," said Garcia. Specifically, Garcia says, treasury bonds and mortgage-backed securities."Now, at some point, depending on what the next president decides to do, if that affects monetary policy by the Fed(eral Reserve) and the Fed has already come out and said we don't plan on changing anything but the president has the ability to influence that. If they make a decision that could ultimately affect what the Fed’s decision on monetary policy is, we would see a rapid increase in interest rates according with that," said Garcia.Another potential big influence on interest rates? "If COVID-19 is cured, you’re going to see rates spike overnight. Or any kind of change in economic policy or even, too, the economy itself being affected by COVID has the potential to drive interest rates a lot higher. So, there’s definitely on the horizon two major components, the election and COVID cure that are going to affect interest rates going forward," said Garcia.Garcia says it's best to take advantage of interest rates while they're low. Experts recommend speaking to a loan officer or financial advisor before taking out a loan. 2531

Former United States President George H.W. Bush was honored with a state funeral Wednesday, drawing about 3,000 political figures, world leaders and family members to the National Cathedral in Washington, D.C. Numerous speakers marked the occasion with shared memories and kind words for the departed 41st president. PHOTOS: State funeral for George H.W. BushHere's what they had to say. 430

Former Michigan Governor Jennifer Granholm has been picked by President-elect Joe Biden to run the Energy Department, the Associated Press confirmed and was first reported by Politico.The department plays a key role in helping develop the technologies needed to fulfill Biden's pledge to move the country off fossil fuels.Granholm served two terms as Michigan's Governor and is experienced in dealing with the auto industry, which could be an advantage as the president-elect seeks to speed up the roll out of electric vehicles and the network of charging stations used to power them.If confirmed, Granholm would be the second woman to lead the department since its creation in 1977."She really worked very hard in 2016 to place herself as Energy secretary with the Clinton team," said Skip Pruss, the director of the Michigan Department of Energy, Labor, and Economic Growth under Granholm. "She’s really a student of the [energy] transition. If you were to ask me what was a limitation in Michigan, I would say that she was slightly ahead of her time."This article was written by Kellen Voss for WXMI. 1111

French President Emmanuel Macron told France's overseas ambassadors gathered in Paris on Monday that Europe can "no longer rely" upon the US for its security."It is up to us today to take our responsibilities and guarantee our own security, and thus have European sovereignty," Macron said.Since his election in 2016, US President Donald Trump has been distancing himself from the North Atlantic Treaty Organization, challenging a post-World War Two consensus on peace and security in Europe.Macron said he wanted to see a complete rethink of how Europe defends itself in the future."I want us to launch an exhaustive review of our security with all Europe's partners, which includes Russia," he added.Macron's call for greater European military cooperation echoes recent comments by German Foreign Minister Heiko Maas.Writing in the Handelsblatt newspaper, Maas called last week for Europe to "take an equal share of the responsibility" and "form a counterweight" to Washington as Europe-US relations cool, AFP reported.The French President was also critical of the European Union, saying "we are paying the price of several decades of a weakened Europe," adding that efforts must be redoubled.Turning to Syria, Macron said showing support for President Bashar al-Assad would be a "grave mistake," but the sovereignty of the country should be respected "by allowing the Syrian people to express themselves." 1416