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Doj Probe

All articles tagged with #doj probe

politics9 hours ago

Smith to testify publicly as Capitol Hill wrestles with Trump probe and Fed politics

Former special counsel Jack Smith is slated for a public Jan. 22 hearing before the House Judiciary Committee on the Trump investigations, signaling a potential shift in how the hearings unfold. Simultaneously, GOP lawmakers push on a Venezuela war-powers resolution and Republicans debate the DOJ’s investigation of Fed Chair Jerome Powell, highlighting tensions over central-bank independence and executive power, while other Capitol Hill items—from a stock-trading ban markup to crypto legislation—continue to shape the agenda.

via Politico|
#congress#doj-probe#fed-independence
business1 year ago

Warner Bros. Discovery Board Members Resign Amid Antitrust Probe

Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board amid a Justice Department investigation into potential antitrust violations related to their service on the board. The investigation focuses on whether their simultaneous roles on the boards of competing companies violated the Clayton Antitrust Act. Both Miron and Newhouse, who were independent directors, chose to resign immediately, citing the changing dynamics of competition in the entertainment industry. Their resignations led to a reduction in the size of the board, and the company expressed gratitude for their contributions while acknowledging their departure.

via Variety|
#antitrust-violation#business#doj-probe
business1 year ago

"DOJ Probes Disney, Fox, Warner Bros' Sports Streaming Deal as Comcast Reacts to Rivals' Bundle"

The Department of Justice is set to investigate the planned sports streaming platform by Walt Disney, Fox, and Warner Bros Discovery over concerns of potential harm to consumers, sports leagues, and rivals. The joint venture aims to launch a sports streaming service this autumn, offering non-exclusive access to various television sports networks and streamed content. The companies hold a broad portfolio of professional and collegiate sports rights, including major leagues and college competitions. Additionally, Disney plans to launch a stand-alone streaming version of ESPN in 2025, incorporating digital features such as sports betting and fantasy sports.

via New York Post |
#business#disney#doj-probe
politics1 year ago

"DOJ Investigates Democrat Cori Bush for Alleged Fund Misuse and Right-Wing Backlash"

Rep. Cori Bush is under investigation by the Justice Department for allegedly misusing government funds for her security, with more than $500,000 spent on private security while advocating for defunding the police. Bush blames "right-wing" organizations for baseless complaints and asserts that she has not used federal tax dollars for personal security services. The probe also involves payments to her husband for security services, with ongoing investigations by the Federal Election Commission and the House Committee on Ethics. Bush maintains that she has complied with all laws and House rules, and is fully cooperating with the pending investigations.

via Fox News|
#campaign-spending#cori-bush#doj-probe
politics2 years ago

Hunter Biden Urges DOJ Investigation into Former Business Partner Tony Bobulinski

Hunter Biden has requested the Justice Department to investigate his former business partner, Tony Bobulinski, for allegedly lying to federal investigators about his connections with the Biden family. Biden's attorneys accused Bobulinski of misrepresenting his ties to the family and misleading FBI investigators regarding President Biden's involvement in their foreign business dealings. Bobulinski had previously claimed that Joe Biden was involved in his son's dealings with a Chinese energy company. The Republican-led House Oversight Committee accused Hunter Biden's legal team of attempting to intimidate a potential witness in a Joe Biden impeachment inquiry.

via New York Post |
#allegations#business-dealings#doj-probe
politics2 years ago

Hunter Biden Urges DOJ Investigation into Ex-Business Associate's Alleged False Statements

Hunter Biden is requesting that the Justice Department investigate his former business associate, Tony Bobulinski, for allegedly lying to federal investigators during an interview prior to the 2020 presidential election. Attorneys for Hunter Biden accused Bobulinski of mischaracterizing his relationship with the Biden family to tarnish their reputation. Bobulinski had previously made allegations that the Bidens lied about their involvement in overseas business ventures. Hunter Biden's lawyer claims that Bobulinski misled investigators about his contacts with the Biden family and the extent of Joe Biden's potential benefits from foreign business ventures. Bobulinski denies the allegations and suggests that he and the Bidens testify together before Congress. The criminal referral coincides with reports that Bobulinski may testify as a witness in the House Oversight Committee's impeachment inquiry into President Biden.

via ABC News|
#allegations#business-associate#doj-probe
business2 years ago

DOJ Expands Tesla Investigation to Include Range Claims and Personal Benefits

The US Department of Justice (DOJ) is investigating Tesla following reports that the company exaggerated the driving range of its vehicles. The DOJ has requested information and subpoenaed Tesla for documents related to its Autopilot and Full Self Driving (FSD) features, as well as matters associated with personal benefits, related parties, vehicle range, and personnel decisions. This investigation comes amidst mounting backlash and legal action from customers who allege fraud and false advertising. Tesla's recent missteps, including the recall of 362,758 cars due to dangerous FSD Beta and a criminal investigation into Autopilot claims, have raised concerns. Additionally, Tesla's capital expenditures are expected to exceed targets this year, and the company is facing challenges in maintaining its dominance in the EV industry, with the success of the Cybertruck being crucial. As Tesla expands its advertising efforts, regulatory scrutiny is likely to increase.

via Ars Technica|
#advertising#business#customer-complaints
business2 years ago

UBS Denies DOJ Probe into Russia Sanctions Evasion

UBS denies knowledge of a probe by the US Department of Justice (DOJ) into alleged compliance failures at its subsidiary Credit Suisse, which reportedly allowed Russian clients to evade sanctions. UBS stated that the recent reporting on the alleged probe is inaccurate and that both UBS and Credit Suisse have actively reduced their exposure to Russia. However, UBS has been in touch with the DOJ regarding the matter. The news comes after a Bloomberg report claimed that the DOJ had briefed UBS lawyers about Credit Suisse's involvement in sanctions violations. The Swiss Bankers Association estimated that over $200 billion in Russian money is held in Swiss banks, with concerns raised about sanctions evasion and money laundering. UBS shares initially plummeted but have since recovered slightly.

via CNN|
#business#credit-suisse#doj-probe
crime2 years ago

Trump's Booking at Fulton County Jail Amid DOJ Investigation

Former President Donald Trump and 18 others charged in District Attorney Fani Willis' election interference probe are expected to surrender themselves at Georgia's Fulton County Jail, which is currently under investigation by the Department of Justice for its conditions. The jail has faced issues such as overcrowding, inmate deaths, excessive force, structural problems, outbreaks of lice and scabies, and malnourishment among inmates. Critics argue that there is a two-tiered system of justice for white-collar defendants, as Trump and others are likely to spend only a few hours in the facility, while many defendants spend weeks awaiting trial. The jail has been criticized for its horrifying conditions, including malnourishment and illness among inmates.

via ABC News|
#conditions#crime#doj-probe
law-enforcement2 years ago

LMPD Reveals Fired Officers, Internal Investigations, and Controversial Incidents

Louisville Metro Police Chief Jacquelyn Gwinn-Villaroel announced that since January, she has fired seven officers in 32 investigations unrelated to the Justice Department probe. The terminated officers include a mix of recruits and probationary officers, with reasons for termination ranging from conduct unbecoming to performance deficiencies. The chief emphasized the importance of accountability and creating a culture of well-trained and supervised officers. The announcement follows a review of 33 cases of possible officer misconduct flagged in the DOJ report, with no further formal investigations planned. The Metro government has agreed to a court-enforceable consent decree to implement changes in policing practices.

via WDRB|
#doj-probe#law-enforcement#louisville-metro-police
business2 years ago

"Binance Faces Mass Layoffs Amidst DOJ Probe and SEC Lawsuit"

Crypto exchange Binance is reportedly planning to lay off 1,500 to 3,000 employees in response to an ongoing Justice Department probe, which may result in a consent decree or settlement. The probe, focusing on anti-money laundering violations and sanctions evasion charges, could fundamentally reshape the company and potentially lead to a multi-billion dollar payment. Binance has been facing regulatory challenges, including lawsuits from the SEC and CFTC, and has experienced significant outflows and executive departures. The company's spokesperson disputed the higher number of layoffs, stating that they are re-evaluating talent density and expertise in critical roles.

via CNBC|
#binance#business#cryptocurrency
politics2 years ago

Hunter Biden's Second Amendment Defense Amid DOJ Probe and SCOTUS Ruling

Hunter Biden's lawyers have reportedly told the DOJ that they will challenge the law under the Second Amendment if their client is charged with possessing a firearm as a drug user. Biden is under investigation by the Justice Department, which includes a 2018 gun purchase when he was a regular cocaine user. Federal law prohibits drug users from owning guns, but a Supreme Court ruling last year that essentially broadened Second Amendment protections puts that prohibition into question. The president's son might use new conservative arguments to his advantage to avert up to 15 years in prison should he be charged and convicted of such a crime.

via Fox News|
#doj-probe#drug-use#gun-purchase