Robert Faturechi
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Robert Faturechi is a Pulitzer Prize-winning reporter at ProPublica.
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The company behind Trump’s Truth Social platform has the option to sell up to $2.5 billion worth of shares, easing the way for the former president to convert his paper stake into something more tangible.
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Secret IRS records reveal dozens of highly fortuitous biotech and health care trades. One executive bought shares in a corporate partner just before a sale, and an investor traded options right before a company’s revenues took off, netting millions.
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According to the SEC, Sen. Richard Burr of North Carolina, then chairman of the Senate Intelligence Committee, had material nonpublic information about coronavirus impact. He and his brother-in-law dumped stock before the market dropped in March 2020.
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Owners like Steve Ballmer can take the kinds of deductions on team assets — everything from media deals to player contracts — that industrialists take on factory equipment. That helps them pay lower tax rates than players and even stadium workers.
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In an internal announcement, the Justice Department created an exception to a decadeslong policy meant to prevent prosecutors from taking overt investigative steps that might affect the outcome of the vote.
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In a memo from May, the attorney general reminded Justice Dept. prosecutors to avoid partisan politics. Then a U.S. attorney in Pennsylvania announced an election investigation that had partisan overtones.
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The Trump administration has not aggressively enforced existing agreements to monitor abusive law enforcement agencies, emboldening them to fight reforms.