Judge asked to decide if Trump property valuations were fraud or "genius"
CBSN
Did former President Donald Trump commit fraud when he valued properties far higher than appraisers when applying for loans, or was he applying his "investment genius" to the valuations?
That question was at the center of a Friday hearing, ahead of a scheduled Oct. 2 civil trial stemming from a 2022 lawsuit filed by New York Attorney General Letitia James accusing Trump and others of systematic fraud.
The lawsuit is seeking $250 million from the Trumps and their company, as well as several additional sanctions designed to limit their ability to do business in the state. James has also asked the judge in the case to rule before trial that Trump and his company provided banks with financial statements that purposefully misrepresented his wealth by as much as $3.6 billion.
Debbie Nelson, the mother of rapper Eminem and whose rocky relationship with her son was known widely through his hit song lyrics, has died. She was 69.
Chad Chronister, President-elect Donald Trump's pick to lead the Drug Enforcement Administration, announced Tuesday he is withdrawing his name from consideration, citing the goals he has yet to complete as sheriff of Hillsborough County, Florida.
Washington — A number of Republican senators have expressed concern about Pete Hegseth, President-elect Donald Trump's choice to lead the Defense Department, potentially putting his intended nomination at risk.
Donald Trump's lawyers pointed to an unlikely person in demanding a judge dismiss the president-elect's New York criminal case: Hunter Biden.
Washington — A group of House Democrats is seeking to oust some of their aging committee leaders after disappointing defeats for the party in the November elections that will give Republicans control of the White House and Congress come January.
A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multibillion-dollar fraud case — but said her life could still be spared if she paid back three quarters of the assets she embezzled.
President-elect Donald Trump said late Monday that he will travel to Paris for the reopening of Notre Dame Cathedral, a grand celebration set to take place this weekend.
The New York Film Critics Circle, one of the nation's oldest and most venerated critics' groups, is kicking movie awards season into high gear Tuesday as they select their choices for the best of 2024.
Washington — The Supreme Court is set to convene Wednesday to hear arguments in a landmark case involving access to gender-affirming care like puberty blockers and hormone therapy for minors experiencing gender dysphoria.
Washington — Senate Democrats are meeting Tuesday morning to elect their leadership for the next two years, after Republicans flipped the chamber in the 2024 elections.
President-elect Donald Trump is pledging to block Japan's Nippon Steel from buying U.S. Steel, a $14.9 billion deal announced a year ago that is now under review for its potential impact on U.S. national security.