GOP Sen. Rick Scott: Americans should get tax cuts in return for tariffs paid on Chinese goods

Republican Sen. Rick Scott told CNBC on Monday the U.S. government should return money collected from China tariffs to Americans as tax relief. President Donald Trump, earlier this month announced an impeding 10% tariff on the remaining $300 billion of Chinese goods that had not been previously taxed. Back In May, Trump hiked tariffs to 25% from 10% on $200 billion in Chinese goods. “We have to help American companies … and get more American jobs and stop helping China,” Scott said. “I’m not s


Republican Sen. Rick Scott told CNBC on Monday the U.S. government should return money collected from China tariffs to Americans as tax relief. President Donald Trump, earlier this month announced an impeding 10% tariff on the remaining $300 billion of Chinese goods that had not been previously taxed. Back In May, Trump hiked tariffs to 25% from 10% on $200 billion in Chinese goods. “We have to help American companies … and get more American jobs and stop helping China,” Scott said. “I’m not s
GOP Sen. Rick Scott: Americans should get tax cuts in return for tariffs paid on Chinese goods Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: jessica bursztynsky
Keywords: news, cnbc, companies, tax, tariffs, american, sen, gop, scott, paid, trump, sure, tariff, stop, billion, return, trade, goods, rick, cuts


GOP Sen. Rick Scott: Americans should get tax cuts in return for tariffs paid on Chinese goods

Republican Sen. Rick Scott told CNBC on Monday the U.S. government should return money collected from China tariffs to Americans as tax relief.

“Anything we raise in tariffs, we should give back to the rank and public in tax reductions,” the Florida senator said in a “Squawk Box ” interview, acknowledging there’s been some “short-term pain.”

“We have to help American farmers open up more markets around the world,” said Scott, who did not elaborate on what such relief might look like.

Data from U.S. Customs and Border Protection, which collects taxes on imports, showed the U.S. had assessed $23.7 billion in tariffs from early 2018 through May 1. According to a Reuters report, total tariff revenue rose 73% in the first half of 2019 from a year earlier.

The trade dispute between the world’s two largest economies has been escalating in recent months, with investors fearing that it could slow global and U.S. economic growth. In fact, Goldman Sachs lowered its fourth-quarter U.S. growth forecast by 0.2% to 1.8%, with the cumulative drag on gross domestic product of 0.6%.

President Donald Trump, earlier this month announced an impeding 10% tariff on the remaining $300 billion of Chinese goods that had not been previously taxed. Back In May, Trump hiked tariffs to 25% from 10% on $200 billion in Chinese goods.

“We have to help American companies … and get more American jobs and stop helping China,” Scott said. “Stop acting like they are a partner,” adding he doesn’t see how a trade deal can be reached.

“I’m not sure what else we can do, other than stand up for American interests and American values,” he wondered. “I’m not sure what the president can do otherwise than the tariffs he is doing.”


Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: jessica bursztynsky
Keywords: news, cnbc, companies, tax, tariffs, american, sen, gop, scott, paid, trump, sure, tariff, stop, billion, return, trade, goods, rick, cuts


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Investing in bonds: Rick Santelli’s 5 things you need to know

If the thought of investing in bonds overwhelms you, you aren’t alone. Between the different types of securities and the varying yields available in the $43.1 trillion dollar bond market, investors may have a hard time sorting it all out. That’s because stocks tend to be riskier, while bonds are considered a safer investment. In fact, the age-old rule of thumb is the “60-40” rule — which means 60% of your portfolio should be in stocks and 40% in fixed-income. So, what do you need to know when it


If the thought of investing in bonds overwhelms you, you aren’t alone. Between the different types of securities and the varying yields available in the $43.1 trillion dollar bond market, investors may have a hard time sorting it all out. That’s because stocks tend to be riskier, while bonds are considered a safer investment. In fact, the age-old rule of thumb is the “60-40” rule — which means 60% of your portfolio should be in stocks and 40% in fixed-income. So, what do you need to know when it
Investing in bonds: Rick Santelli’s 5 things you need to know Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-18  Authors: michelle fox
Keywords: news, cnbc, companies, know, investing, bonds, portfolio, yields, rick, need, stocks, things, thumb, thought, types, santellis, rule, varying, trillion


Investing in bonds: Rick Santelli's 5 things you need to know

If the thought of investing in bonds overwhelms you, you aren’t alone.

Between the different types of securities and the varying yields available in the $43.1 trillion dollar bond market, investors may have a hard time sorting it all out.

Yet if you want a balanced portfolio, experts say it’s important to include fixed-income assets. That’s because stocks tend to be riskier, while bonds are considered a safer investment. In fact, the age-old rule of thumb is the “60-40” rule — which means 60% of your portfolio should be in stocks and 40% in fixed-income.

So, what do you need to know when it comes to bonds?

CNBC on-air editor Rick Santelli has the answers to five key questions.


Company: cnbc, Activity: cnbc, Date: 2019-06-18  Authors: michelle fox
Keywords: news, cnbc, companies, know, investing, bonds, portfolio, yields, rick, need, stocks, things, thumb, thought, types, santellis, rule, varying, trillion


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Former Michigan Gov. Rick Snyder’s phone seized in Flint water probe

Authorities investigating Flint’s water crisis have used search warrants to seize from storage the state-owned mobile devices of former Gov. The warrants were sought two weeks ago by the attorney general’s office and signed by a Flint judge, according to documents the AP obtained through public-records requests. Because it has been kept in a division of the attorney general’s office, Hammoud took the unusual step of securing a warrant to search another part of the office. Nobody in Snyder’s offi


Authorities investigating Flint’s water crisis have used search warrants to seize from storage the state-owned mobile devices of former Gov. The warrants were sought two weeks ago by the attorney general’s office and signed by a Flint judge, according to documents the AP obtained through public-records requests. Because it has been kept in a division of the attorney general’s office, Hammoud took the unusual step of securing a warrant to search another part of the office. Nobody in Snyder’s offi
Former Michigan Gov. Rick Snyder’s phone seized in Flint water probe Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: dan mangan, kevin breuninger
Keywords: news, cnbc, companies, rick, warrant, phone, generals, probe, michigan, state, office, sought, gov, flint, department, hammoud, warrants, snyders, attorney, seized, water


Former Michigan Gov. Rick Snyder's phone seized in Flint water probe

Authorities investigating Flint’s water crisis have used search warrants to seize from storage the state-owned mobile devices of former Gov. Rick Snyder and 65 other current or former officials, The Associated Press has learned.

The warrants were sought two weeks ago by the attorney general’s office and signed by a Flint judge, according to documents the AP obtained through public-records requests.

Solicitor General Fadwa Hammoud and Wayne County Prosecutor Kym Worthy, who is helping with the probe, confirmed they executed a series of search warrants related to the criminal investigation of Flint’s lead-contaminated water in 2014-15 and an outbreak of Legionnaires’ disease. They declined further comment.

One warrant, signed May 19, lists all content from Snyder’s cellphone, iPad and computer hard drive. Similar information was sought from the devices of 33 employees who worked in his office, 11 in the Department of Environmental Quality and 22 in the Department of Health and Human Services.

The evidence was apparently initially obtained by former special prosecutor Todd Flood with investigative subpoenas. Because it has been kept in a division of the attorney general’s office, Hammoud took the unusual step of securing a warrant to search another part of the office. She has been managing the probe since January.

“We’re doing everything we can to comply,” said Dan Olsen, a spokesman for Attorney General Dana Nessel, who is not involved in the criminal investigation and is instead handling lawsuits against the state by Flint residents.

A similar warrant was also issued to the Department of Technology, Management and Budget.

“The department is complying with the warrant. We cannot discuss the details further because it is part of pending litigation,” spokesman Caleb Buhs said.

The warrants seek data from the devices of individuals who have been charged in the probe but also uncharged officials such as Snyder, former Environmental Quality director Dan Wyant and various people who worked in Snyder’s office including Lt. Gov. Brian Calley, top aide Richard Baird and chief of staff Dick Posthumus.

Lawyers who have represented Snyder and his office could not immediately be reached for comment Monday.

The warrants came after Hammoud this year reported that boxes of records were discovered in the basement of a state building, including phone extractions and a “trove” of other materials stored on hard drives that allegedly had not been turned over in response to the subpoenas. She sought long breaks in the criminal cases to look at the boxes and any other evidence, but judges declined to suspend the cases for six months.

Flood was ousted as special prosecutor in April after leading the three-year investigation that led to charges against current or former government officials, including two members of Snyder’s Cabinet. Nobody in Snyder’s office has been charged.

Hammoud accused Flood of mishandling the production of records and other evidence collected from state agencies. He has defended his work, saying he acted professionally.

Separately, another lawyer from the attorney general’s office appeared in court to speak up for attorneys in the department who had assisted Flood in collecting and cataloging mounds of records. Christina Grossi said there was no wrongdoing by staff.

Under Michigan law, the affidavit that Hammoud submitted to get the warrants signed by Judge Nathaniel Perry III will not become public for 56 days, though prosecutors can seek to suppress it longer.

The AP filed Freedom of Information Act requests with the attorney general’s office and the budget department to see the warrants they received.


Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: dan mangan, kevin breuninger
Keywords: news, cnbc, companies, rick, warrant, phone, generals, probe, michigan, state, office, sought, gov, flint, department, hammoud, warrants, snyders, attorney, seized, water


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Energy Secretary Rick Perry: It is time for America to boost its dominance in artificial intelligence

While the United States leads the world in AI capabilities today, China is gaining ground. The executive order calls for increased access to federal data, models and high performance computing resources for America’s AI researchers. DOE computing capabilities will be critical to securing America’s dominance in artificial intelligence. Those are the stakes in AI and exascale computing. Rick Perry is the secretary of Energy and a former governor of Texas.


While the United States leads the world in AI capabilities today, China is gaining ground. The executive order calls for increased access to federal data, models and high performance computing resources for America’s AI researchers. DOE computing capabilities will be critical to securing America’s dominance in artificial intelligence. Those are the stakes in AI and exascale computing. Rick Perry is the secretary of Energy and a former governor of Texas.
Energy Secretary Rick Perry: It is time for America to boost its dominance in artificial intelligence Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-07  Authors: rick perry
Keywords: news, cnbc, companies, secretary, ai, artificial, national, exascale, computing, intelligence, supercomputers, rick, energy, capabilities, boost, develop, perry, doe, america, americas, dominance


Energy Secretary Rick Perry: It is time for America to boost its dominance in artificial intelligence

When America agreed to stop underground testing of nuclear weapons, supercomputers from the U.S. Department of Energy provided the precise and sophisticated simulations necessary to ensure the arsenal’s ongoing effectiveness.

When scientists sought to model the universe’s evolution, they brought their data to the experts and supercomputers at DOE.

When studying cancer, interpreting mammograms, and improving vaccination campaigns and diagnoses for Americans from children to veterans, DOE computers have been crucial to success of researchers seeking to deliver precision care to patients.

The quiet contributions of these incredible machines have solved some of the world’s toughest problems and kept the U.S. at the forefront of high-performance computing for decades. They are developed and operated by some of the most gifted scientists in the world. These computers will also fuel America’s efforts to maintain the Nation’s global leadership in artificial intelligence.

While the United States leads the world in AI capabilities today, China is gaining ground. The government in Beijing has invested in and backed AI efforts in China with one goal in mind: to overtake the United States and dominate the AI world.

Thankfully, we have a president who is committed to ensuring that doesn’t happen. That is why he recently issued an executive order creating the government-wide American AI Initiative. The president wants to ensure this innovation occurs in the United States.

The executive order calls for increased access to federal data, models and high performance computing resources for America’s AI researchers.

I am proud that some of those resources and computers live at our DOE National Labs, where we currently possess five of the 10 fastest supercomputers in the world, including the top two fastest and the world’s top AI supercomputer.

Through this executive order, the president has given DOE and other agencies a mandate to further utilize our world-class high performance computing infrastructure to build upon and accelerate America’s existing AI research. We are ready for the challenge.

DOE computing capabilities will be critical to securing America’s dominance in artificial intelligence. That is why we must take these already high-performance capabilities to the next level.

I am excited to announce today that along with Cray and AMD, DOE will be building Frontier, a new exascale system at Oak Ridge National Lab, or ORNL.

Exascale systems are capable of at least a billion-billion calculations per second, which means they are at least 10 to 20 times faster than today’s fastest supercomputers, and 50 to 100 times more powerful – the equivalent of going from a flip phone to a smart phone or from a dialup to a 4G internet connection.

DOE has committed to building not just one, but three exascale machines at its National Labs: Frontier at Oak Ridge in Tennessee, Aurora at Argonne in Illinois, and El Capitan at Lawrence Livermore in California, all of which we expect to deploy around 2021-22.

With exascale capability, researchers will be able to look deeper and see further than they ever have before. They will develop better answers to more complex questions and meet more complex challenges with greater precision and speed.

Expected applications include identifying next-generation materials like exotic alloys for the defense, aerospace and energy sectors; determining optimal cancer treatments based on a patient’s unique genetics; refining earth system models to more reliably assess water cycles and agricultural impacts; deciphering high-energy physics data; and accelerating industrial product design.

DOE-fueled AI work is already being used to optimize grid security and increase energy efficiency – among a host of other energy-related applications. It is also being used to reduce traffic jams, strengthen cybersecurity, predict extreme weather, improve emergency response and even develop better treatments for cancer and traumatic brain injury.

DOE’s systems have used machine learning to search through a billion combinations of drugs to find those predicted to maximally inhibit a given tumor, to search through a billion hypothetical compounds to identify those with potential as new drug development candidates, to design new materials, to develop new algorithms to manage electric grid operations.

We must use our supercomputing capabilities to fully develop the potential of AI. That’s why we are coordinating those efforts across our National Labs, and have stood up an AI program at DOE.

Those are the stakes in AI and exascale computing.

The competition from China is great, but America is the world’s leader, and has never shied away from a challenge … and it always thrived when exploring new frontiers.

Rick Perry is the secretary of Energy and a former governor of Texas.


Company: cnbc, Activity: cnbc, Date: 2019-05-07  Authors: rick perry
Keywords: news, cnbc, companies, secretary, ai, artificial, national, exascale, computing, intelligence, supercomputers, rick, energy, capabilities, boost, develop, perry, doe, america, americas, dominance


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This dad got pitched by college admissions fraudster Rick Singer — but said no to the scam

“He was pitched to me as a guy who packaged your kids” to apply to college, the man said. Singer asked questions about his son’s academics and whether he had written a college application essay, the man said. But then Singer asked a question that seemed “weird,” the man said. Singer told the man “there’s a sense of urgency here” because at the time they were talking it was the season for college placement. After Singer detailed the proposed scam, the man told Singer, “I’ll get back to you.”


“He was pitched to me as a guy who packaged your kids” to apply to college, the man said. Singer asked questions about his son’s academics and whether he had written a college application essay, the man said. But then Singer asked a question that seemed “weird,” the man said. Singer told the man “there’s a sense of urgency here” because at the time they were talking it was the season for college placement. After Singer detailed the proposed scam, the man told Singer, “I’ll get back to you.”
This dad got pitched by college admissions fraudster Rick Singer — but said no to the scam Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: dan mangan, bryan snyder
Keywords: news, cnbc, companies, dad, admissions, scam, college, told, fraudster, team, ceo, spoke, son, asked, water, singer, rick, man, pitched


This dad got pitched by college admissions fraudster Rick Singer — but said no to the scam

The man noted that before their call, Singer did not know who he was.

Singer, 59, pleaded guilty Tuesday to federal criminal charges connected to his alleged widespread, $25 million scheme to help wealthy parents bribe, cheat and otherwise fraudulently game the college admissions system to gain entry for their children to highly ranked universities.

Prosecutors have charged TV actresses Felicity Huffman and Lori Loughlin in the scheme, along with Loughlin’s husband, fashion designer Mossimo Giannulli. Other parents charged include PIMCO CEO Douglas Hodge, now-former Hercules Capital CEO Manuel Henriquez, top lawyer Gordon Caplan and investment fund CEO Bill McGlashan.

Also facing charges are college athletic coaches who were allegedly paid to falsely claim certain students would play sports that they actually never ended up participating in.

One of the California universities allegedly victimized in the scam was the school that Singer and the man who spoke with CNBC talked about getting the man’s son into in March 2011.

The man who spoke with CNBC said that Singer, founder and CEO of the Edge College & Career Network, was referred to him by a friend whom he had talked to about his son’s college admission efforts.

“He said, ‘You should be in touch with this guy,'” the man recounted.

“He was pitched to me as a guy who packaged your kids” to apply to college, the man said.

The man said that when he spoke with Singer on the phone, the first minute or so of the conversation seemed appropriate. Singer asked questions about his son’s academics and whether he had written a college application essay, the man said.

“You say, ‘This is a college placement kind of guy,'” the man recalled.

But then Singer asked a question that seemed “weird,” the man said.

“He asked me how tall my son was,” the man said. “And then he asked me how much he weighed.”

“Then it shifted … he said, ‘I can actually slot your kid into the water polo team,'” the man recalled. “I said, ‘He never played.’ He said, ‘That’s OK.'”

Singer told the man that as part of his $100,000 fee, a “contribution” would be made to the water polo team at the university the son wanted to attend. After his son gained admittance to the school, Singer told him, his son would either quit the water polo team or be cut from it, without ever participating in any team activity.

“The scheme was, ‘Get him in, and then get him out,'” the man recalled.

Singer told the man “there’s a sense of urgency here” because at the time they were talking it was the season for college placement.

After Singer detailed the proposed scam, the man told Singer, “I’ll get back to you.”

The man said he never called Singer back and they never spoke again.


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: dan mangan, bryan snyder
Keywords: news, cnbc, companies, dad, admissions, scam, college, told, fraudster, team, ceo, spoke, son, asked, water, singer, rick, man, pitched


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Democrat Bill Nelson concedes to GOP’s Rick Scott in Florida Senate race after manual recount

After Florida ended a manual recount, the outgoing governor led the incumbent U.S. senator by more than 10,000 votes. In a statement Sunday, Scott said Nelson conceded the race, which is expected to be certified on Tuesday. The GOP governor will flip another Democratic-held seat after piling tens of millions of dollars of his own money into the most expensive Senate race ever. As counties tallied ballots, Scott’s campaign, Trump and GOP Sen. Marco Rubio all accused Democrats of trying to manufac


After Florida ended a manual recount, the outgoing governor led the incumbent U.S. senator by more than 10,000 votes. In a statement Sunday, Scott said Nelson conceded the race, which is expected to be certified on Tuesday. The GOP governor will flip another Democratic-held seat after piling tens of millions of dollars of his own money into the most expensive Senate race ever. As counties tallied ballots, Scott’s campaign, Trump and GOP Sen. Marco Rubio all accused Democrats of trying to manufac
Democrat Bill Nelson concedes to GOP’s Rick Scott in Florida Senate race after manual recount Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-18  Authors: jacob pramuk, tom williams, cq-roll call group, getty images
Keywords: news, cnbc, companies, senate, florida, rick, votes, race, state, scott, democrat, million, campaign, gops, trump, nelson, recount, manual


Democrat Bill Nelson concedes to GOP's Rick Scott in Florida Senate race after manual recount

Republican Rick Scott appears to have defeated Democratic Sen. Bill Nelson in Florida, according to NBC News, after the state finished a sloppy recount marked by voter fraud accusations and conspiracy theories.

After Florida ended a manual recount, the outgoing governor led the incumbent U.S. senator by more than 10,000 votes. In a statement Sunday, Scott said Nelson conceded the race, which is expected to be certified on Tuesday.

“I just spoke with Senator Bill Nelson, who graciously conceded, and I thanked him for his years of public service,” Scott said in a statement. “Now the campaign truly is behind us, and that’s where we need to leave it. We must do what Americans have always done: come together for the good of our state and our country.”

The GOP governor will flip another Democratic-held seat after piling tens of millions of dollars of his own money into the most expensive Senate race ever. Scott’s victory means Republicans will control a minimum 52 Senate seats in January, a net gain of at least one from the current Congress.

The outcome boosts Republicans in several ways: Beyond making it easier for them to approve their economic priorities and confirm conservative judges, it also bodes well for President Donald Trump’s chances of carrying the state in 2020.

But the tactics deployed by Trump and his allies during the recount may serve to sow irreparable doubt in the electoral process and political division in the U.S. Scott only narrowly edged Nelson more than a week after last Tuesday’s midterm elections, in a race where the razor-thin margin triggered a machine recount and subsequent tally by hand.

As counties tallied ballots, Scott’s campaign, Trump and GOP Sen. Marco Rubio all accused Democrats of trying to manufacture votes and steal the election. Earlier this week, Trump claimed “large numbers of new ballots showed up out of nowhere, and many ballots are missing or forged.” He also contended that “an honest vote count is no longer possible.”

Broward County, the state’s second largest, had numerous issues counting votes. The only potential issue the state identified was erroneous forms from at least four counties that could have led to voters missing a deadline to fix mail-ballots, according to the Miami Herald.

As a highly competitive race in a swing state that had stakes for Senate control, the Florida contest drew more cash than any previous Senate race. Scott’s campaign spent $66 million through Oct. 17, and the former health care executive personally gave more than $50 million of that.

Meanwhile, Nelson’s campaign had spent more than $25 million at the same point in time. Outside groups supporting and opposing both candidates spent about $90 million combined.

–The Associated Press contributed to this article.

Subscribe to CNBC on YouTube.


Company: cnbc, Activity: cnbc, Date: 2018-11-18  Authors: jacob pramuk, tom williams, cq-roll call group, getty images
Keywords: news, cnbc, companies, senate, florida, rick, votes, race, state, scott, democrat, million, campaign, gops, trump, nelson, recount, manual


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Trump attacks Florida recount with a wild claim that there are ‘missing or forged’ ballots

“The Florida Election should be called in favor of Rick Scott and Ron DeSantis in that large numbers of new ballots showed up out of nowhere, and many ballots are missing or forged,” Trump said in a post on Twitter, without citing any evidence for his dramatic claims. Florida started a contentious ballot recount over the weekend in its tight Senate and gubernatorial races. Rick Scott led Democratic Sen. Bill Nelson by 0.2 percentage points, or about 13,000 votes. The GOP is projected to keep its


“The Florida Election should be called in favor of Rick Scott and Ron DeSantis in that large numbers of new ballots showed up out of nowhere, and many ballots are missing or forged,” Trump said in a post on Twitter, without citing any evidence for his dramatic claims. Florida started a contentious ballot recount over the weekend in its tight Senate and gubernatorial races. Rick Scott led Democratic Sen. Bill Nelson by 0.2 percentage points, or about 13,000 votes. The GOP is projected to keep its
Trump attacks Florida recount with a wild claim that there are ‘missing or forged’ ballots Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: jacob pramuk, tucker higgins, kevin lamarque
Keywords: news, cnbc, companies, ballots, rick, senate, republicans, attacks, forged, called, recount, election, tight, wild, florida, scott, missing, trump, claim, votes


Trump attacks Florida recount with a wild claim that there are 'missing or forged' ballots

With recounts underway and legal challenges intensifying, President Donald Trump on Monday demanded that the tight Florida races for governor and the state’s seat in the U.S. Senate be called for Republicans because an “honest vote count is no longer possible.”

“The Florida Election should be called in favor of Rick Scott and Ron DeSantis in that large numbers of new ballots showed up out of nowhere, and many ballots are missing or forged,” Trump said in a post on Twitter, without citing any evidence for his dramatic claims.

State election monitors have said there is no evidence of voter fraud, and the agency tasked with overseeing election integrity said it had not received any allegations in writing, despite accusations from Republicans.

Florida started a contentious ballot recount over the weekend in its tight Senate and gubernatorial races. In a state where a recount — and subsequent Supreme Court case — decided the 2000 presidential election, the process has already become bitter and prompted Republicans to accuse their opponents of attempting to “steal” the races.

Before the recount, Republican Gov. Rick Scott led Democratic Sen. Bill Nelson by 0.2 percentage points, or about 13,000 votes. The contest will help to set the partisan composition of the Senate, which is critical of Trump’s ability to put conservative judges on federal benches. The GOP is projected to keep its majority in the Senate, but a Scott win would help the party expand its control of the chamber.

NBC News has said the Senate race too close to call. Nelson on Monday called for Scott to recuse himself from “any role” in the recount process, saying it “is the only way that we can ensure that the people’s votes are protected.”


Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: jacob pramuk, tucker higgins, kevin lamarque
Keywords: news, cnbc, companies, ballots, rick, senate, republicans, attacks, forged, called, recount, election, tight, wild, florida, scott, missing, trump, claim, votes


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August housing starts up 9.2 percent, housing permits down 5.7 percent

August housing starts up 9.2 percent, housing permits down 5.7 percent1 Hour AgoCNBC’s Rick Santelli discusses the latest action in August’s housing starts and permits.


August housing starts up 9.2 percent, housing permits down 5.7 percent1 Hour AgoCNBC’s Rick Santelli discusses the latest action in August’s housing starts and permits.
August housing starts up 9.2 percent, housing permits down 5.7 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-19
Keywords: news, cnbc, companies, discusses, starts, latest, santelli, 57, permits, percent1, augusts, rick, 92, housing, hour


August housing starts up 9.2 percent, housing permits down 5.7 percent

August housing starts up 9.2 percent, housing permits down 5.7 percent

1 Hour Ago

CNBC’s Rick Santelli discusses the latest action in August’s housing starts and permits.


Company: cnbc, Activity: cnbc, Date: 2018-09-19
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Florida battle between Bill Nelson, Rick Scott is most expensive race

Florida voters have not even chosen their nominees for a pivotal Senate contest yet, but the race between Democratic Sen. Bill Nelson and Republican Gov. Rick Scott is already the most expensive of the 2018 midterms. It will formally begin after Tuesday, when Democratic and Republican primary voters are expected to overwhelmingly choose Nelson and Scott, respectively. The candidates and outside organizations supporting them have already spent heavily in Florida, where Republicans have one of the


Florida voters have not even chosen their nominees for a pivotal Senate contest yet, but the race between Democratic Sen. Bill Nelson and Republican Gov. Rick Scott is already the most expensive of the 2018 midterms. It will formally begin after Tuesday, when Democratic and Republican primary voters are expected to overwhelmingly choose Nelson and Scott, respectively. The candidates and outside organizations supporting them have already spent heavily in Florida, where Republicans have one of the
Florida battle between Bill Nelson, Rick Scott is most expensive race Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-28  Authors: jacob pramuk, bill clark, cq roll call, getty images
Keywords: news, cnbc, companies, expensive, seat, rick, scott, spending, florida, sen, voters, senate, nelson, race, bill, battle, republican


Florida battle between Bill Nelson, Rick Scott is most expensive race

Florida voters have not even chosen their nominees for a pivotal Senate contest yet, but the race between Democratic Sen. Bill Nelson and Republican Gov. Rick Scott is already the most expensive of the 2018 midterms.

The bitter general election essentially started when Scott declared his candidacy in April. It will formally begin after Tuesday, when Democratic and Republican primary voters are expected to overwhelmingly choose Nelson and Scott, respectively.

The candidates and outside organizations supporting them have already spent heavily in Florida, where Republicans have one of their best opportunities to pick up a Senate seat this year. The campaigns of Nelson and Scott, plus independent groups trying to influence the race, have already shelled out more than $50 million, according to the Center for Responsive Politics.

It is currently the most expensive midterm contest in the country, when outside spending and campaign expenditures are added up, ahead of the highly competitive Missouri Senate race between vulnerable incumbent Democrat Sen. Claire McCaskill and Missouri’s Republican attorney general, Josh Hawley.

The spending underscores how important the Florida race is in the fight for control of the Senate. If Scott wins, he gives a major boost to GOP efforts to expand the party’s 51-49 seat majority in the chamber. The party balance in the Senate has proved critical on numerous tight votes during the Trump administration, including now as Republicans push to confirm Brett Kavanaugh, the president’s pick to replace retired Supreme Court Justice Anthony Kennedy.


Company: cnbc, Activity: cnbc, Date: 2018-08-28  Authors: jacob pramuk, bill clark, cq roll call, getty images
Keywords: news, cnbc, companies, expensive, seat, rick, scott, spending, florida, sen, voters, senate, nelson, race, bill, battle, republican


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Paul Manafort suggested his banker to be Trump’s Secretary of the Army, Rick Gates testifies

Gates testified that when the leader of that party, Viktor Yanukovych, was ousted in 2014, Manafort’s cash flow dried up and he had difficulty paying his bills. Prosecutors showed the jury an email from Manafort complaining to Gates about his high taxes that year, calling it “a disaster.” He told prosecutors that Manafort’s income was lower in 2015 “because he had zero clients at the time.” Gates’ testimony on Tuesday also shed light on a number of mysterious exhibits that had been presented to


Gates testified that when the leader of that party, Viktor Yanukovych, was ousted in 2014, Manafort’s cash flow dried up and he had difficulty paying his bills. Prosecutors showed the jury an email from Manafort complaining to Gates about his high taxes that year, calling it “a disaster.” He told prosecutors that Manafort’s income was lower in 2015 “because he had zero clients at the time.” Gates’ testimony on Tuesday also shed light on a number of mysterious exhibits that had been presented to
Paul Manafort suggested his banker to be Trump’s Secretary of the Army, Rick Gates testifies Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-07  Authors: kevin breuninger, dana verkouteren, win mcnamee, getty images
Keywords: news, cnbc, companies, told, testified, trumps, gates, manaforts, suggested, banker, kwc, army, invoices, manafort, testifies, witness, prosecutors, rick, testimony, paul, secretary


Paul Manafort suggested his banker to be Trump's Secretary of the Army, Rick Gates testifies

Gates returned to the witness stand Tuesday in U.S. District Court in Virginia to face a grilling from lawyers from his former boss.

Gates began his second day in court under questioning from U.S. attorney Greg Andres, providing more details about how he and his ex-partner used Cypriot shell companies to move money made through their lobbying work for a pro-Russian political party in Ukraine.

He was also reportedly presented with exhibits allegedly showing Manafort approving a money transfer from one of those accounts in an email conversation. Gates said “there were hundreds” of emails showing Manafort approving such payments.

Gates testified that when the leader of that party, Viktor Yanukovych, was ousted in 2014, Manafort’s cash flow dried up and he had difficulty paying his bills. Prosecutors showed the jury an email from Manafort complaining to Gates about his high taxes that year, calling it “a disaster.”

Gates described editing profit and loss statements for both himself and his boss. He told prosecutors that Manafort’s income was lower in 2015 “because he had zero clients at the time.” He said that in March 2016, he doctored a ledger from Manafort’s accounting firm to inflate his boss’ income by $6 million above its real figure in order to help him qualify for a loan.

The beleaguered ex-assistant corroborated an earlier witness’ testimony, saying he was involved in efforts to falsify financial documents to help lower Manafort’s tax bill. That previous witness, accountant Cindy Laporta, testified under immunity that Gates asked Manafort’s accounting firm to change a loan amount to benefit their client.

The company, KWC, told CNBC that Laporta was put on leave in the wake of her testimony, which detailed misconduct the company said it was “unaware” of.

“The entire KWC leadership team is shocked by Ma. Laporta’s testimony, which clearly represents that she failed to meet the Firm’s high standards for professional and ethical conduct in her work for Mr. Manafort,” KWC said in a statement.

Gates’ testimony on Tuesday also shed light on a number of mysterious exhibits that had been presented to witnesses by Mueller’s team throughout the trial.

Prosecutors had asked a number of the vendors paid by Manafort through foreign wire transfers to look at certain invoices with errors on them. One invoice was ostensibly from Alan Couture, a high-end New York City men’s store where Manafort had bought exotic items, such as a $15,000 ostrich jacket and an $18,500 python coat. But the document contained spelling errors and listed an incorrect zip code, according to testimony from the owner’s son.

Stephen Jacobson, a witness who had been paid millions by Manafort for home repairs, was shown an invoice with his company logo but said it was “not my invoice.”

On Tuesday, Gates told prosecutors that he was the one who had created those invoices. But he testified that while they were “modified” invoices, they were still “legitimate” payments.


Company: cnbc, Activity: cnbc, Date: 2018-08-07  Authors: kevin breuninger, dana verkouteren, win mcnamee, getty images
Keywords: news, cnbc, companies, told, testified, trumps, gates, manaforts, suggested, banker, kwc, army, invoices, manafort, testifies, witness, prosecutors, rick, testimony, paul, secretary


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