UK Car Lending

FirstFT: Trump sues to block publication of Capitol riot tapes


Hello. This article is an on-site version of our FirstFT newsletter. Subscribe to our Asia, Europe / Africa or Americas edition to receive it directly to your inbox every morning of the week

Donald Trump has sued the United States National Archives and the Congressional committee investigating his involvement in the Capitol siege on Jan.6 in an attempt to block the release of his presidential records.

The former president filed a lawsuit with the U.S. District Court for the District of Columbia yesterday, saying nearly 50 documents relating to his presidency could be withheld under “executive privilege.”

The trial marks the latest legal brawl between Trump and House Democrats and sets the stage for another legal battle for the former president.

In the case, Trump accused the House select committee investigating the Jan.6 attack of “harassment[ing]”He and” senior officials “of his administration by” making an illegal, unfounded and too broad request to the archivist of the United States. “

Trump is not the only official refusing to cooperate with the Jan.6 committee. Steve Bannon, his former strategist, has rejected a congressional subpoena to provide evidence to the committee, which is expected to meet on Tuesday to consider whether to hold him for criminal contempt.

Thanks for reading FirstFT Americas. Here’s the rest of today’s news – Gordon

Five other articles in the news

1. The American regulator publishes the GameStop report Nearly 900,000 individual accounts traded in GameStop stock in a single day after a 90-fold increase at the height of the “meme stocks” craze, according to a report from the US securities regulator.

2. Apple cements the break with Intel The iPhone maker yesterday unveiled the new 14-inch and 16-inch MacBook Pro laptops, both powered by Apple’s own chips. The “M1 Pro” chip promises big improvements in graphics processing, speed and power efficiency, according to Ben Wood, chief analyst at CCS Insight.

3. Chinese Developer Fails As Evergrande Deadline Approaches Hong Kong-listed Sinic Holdings has added to a growing list of defaults in the shrinking Chinese real estate sector as markets brace for a deadline this weekend for developer Evergrande to settle. interest payments on its offshore bonds.

4. Japanese Minister of Economic Security Warns of Chip Industry Survival Takayuki Kobayashi, Japan’s new Minister of Economic Security, warned in an interview with the Financial Times that his country’s semiconductor industry is doomed to fail unless the government matches long-term strategic visions set out in the United States and China.

5. Brussels undertakes to punish Poland for having challenged the supremacy of EU law European Commission President Ursula von der Leyen has vowed to punish Poland for challenging the supremacy of EU law after a Polish court ruling this month said parts of EU law EU were not compatible with the country’s constitution.

Coronavirus digest

  • Singapore launched quarantine-free travel arrangements with 10 countries, including the US, UK, Canada, France and Italy, after nearly 21 months of border closures.

  • Brussels seeks to extend its easing of state aid rules beyond the end of the year, according to Margrethe Vestager, EU competition chief.

  • A sharp rise in the price of fuel threatens the airline industrythe slow resumption of the coronavirus crisis.

  • Scientists say that a descendant of the Delta coronavirus, which is responsible for a proportion of cases in Britain, could be more contagious than the original.

Subscribe to Road to Recovery Bulletin to gain insight into how businesses and the international economy are being transformed by the pandemic.

The day to come

Launch of the Bitcoin ETF The first bitcoin-linked exchange fund is expected to launch on the New York Stock Exchange today. The ProShares fund will follow the bitcoin futures market under the symbol BITO. (CNBC)

Earnings Johnson & Johnson is the first of major U.S. pharmaceutical companies to release third quarter results, with an expected update on Covid-19 vaccine production. Netflix, capitalizing on the success of “Squid Game,” reports after the market closes.

Russia hosts Afghanistan talks Russian, American, Chinese and Pakistani officials will meet to discuss the situation in Afghanistan ahead of talks between Russia and the Taliban this week. The meeting comes a day after Zalmay Khalilzad, who played a central role in US talks with the Taliban, resigned as US envoy to Afghanistan.

FT Banking revolution the conference begins today and continues until tomorrow. We also host the Africa Summit: register here.

What else do we read

Joe Biden’s War on Two Fronts for Democracy Does America look like Rome at the end of its empire, or Weimar Germany in the 1920s? These twin fears are linked, argues Gideon Rachman. At home, Joe Biden fights against a Republican party under the influence of Donald Trump and abroad, he faces a rising China.

Help Big Tech workers speak out From Watergate’s Deep Throat to Edward Snowden, whistleblowers were almost always presented as principled loners who felt compelled to stand up against the crowd. But a support group of organizations made up of lawyers, researchers and publicists has emerged to help them.

Colin Powell, American general and statesman, 1937-2021 Tributes poured in from all political circles yesterday for Colin Powell, who has died at the age of 84. He was the first black secretary of state for the United States and rose to the top of the country’s military establishment. Read our obituary.

“We have lost a remarkable and loving husband, father, grandfather and great American,” Colin Powell’s family said yesterday on his Facebook page © AP

Saudi Arabia revives the labor market A growing number of women are agreeing to work in the conservative kingdom, a trend that has helped change the face of retail stores and gave tangible success to Crown Prince Mohammed bin Salman’s ambitious economic reform plan, despite a wider crackdown. of dissent that swept up to activists.

Prime Minister of Bangladesh: We need a global ‘climate prosperity plan’ Only a fraction of global warming can be attributed to Bangladesh’s carbon emissions. Despite this, the nation is committed to finding a solution, writes Sheikh Hasina. “My country is investing in a zero carbon future, but the world must commit at COP26 to make efforts like ours a success. “

With less than two weeks to go to the start of COP26, we would like to hear from the readers. Leslie Hook, our environment correspondent, will be at the top in Glasgow. Do you have a question for her? E-mail [email protected] and we’ll ask Leslie your questions and post her answers ahead of the conference.

Culture

Fashion on Succession well worth paying attention to. It quietly mirrors the delicious Roy family drama, nodding to who’s up and who’s down at any given time.

After going for soft colors and shapes in the first season, Shiv adopted a powerful look in the second season, with stronger and more sophisticated silhouettes.

After going for soft colors and shapes in the first season, Shiv adopted a powerful look in the second season, with stronger and more sophisticated silhouettes.

Remember that you can add FirstFT to myFT. You can also choose to receive a FirstFT push notification every morning on the app. Send your recommendations and comments to [email protected]

Recommended newsletters for you

Due diligence – The best stories from the world of corporate finance. register here

Moral money – Our essential newsletter on socially responsible business, sustainable finance and more. register here


Leave a Reply

Your email address will not be published.