(CNN) Postmaster General Louis DeJoy continues to hold a multimillion-dollar stake in his former company XPO Logistics, a United States Postal Service contractor, likely creating a major conflict of interest, according to newly obtained financial disclosures and ethics experts.
Outside experts who spoke to CNN were shocked that ethics officials at the postal service approved this arrangement, which allows DeJoy to keep at least $30 million in XPO holdings.
DeJoy and USPS have said he fully complied with the regulations.Raising further alarms, on the same day in June that DeJoy divested large amounts of Amazon shares, he purchased stock options giving him the right to buy new shares of Amazon at a price much lower than their current market price, according to the disclosures.
This could lead to a separate conflict, given President Donald Trump’s disdain for Amazon, and his reported effort in 2018 to pressure DeJoy’s predecessor to raise prices on Amazon and other firms, while complaining about its founder Jeff Bezos. The Treasury Department also recently struck a loan deal with USPS that gives the Trump administration more leverage to push for higher shipping prices — one of his pet projects.DeJoy already faces bipartisan criticism for implementing disruptive changes after taking over the USPS on June 15, including eliminating overtime for many workers. Democrats also claim he is intentionally slowing down mail delivery to sabotage absentee voting in the November election — a charge he denies.
The announcement came shortly before DeWine, a Republican, was scheduled to meet with President Donald Trump in Cleveland.
DeWine was tested as part of the “standard protocol” to greet Trump on the tarmac at Burke Lakefront Airport, the governor’s office said in a statement. He is returning to Columbus, where he and his wife Fran will both be tested.
DeWine tweeted Thursday that he’s not experiencing symptoms at this time.
WASHINGTON (AP) — President Donald Trump is for the first time floating a “delay” to the Nov. 3 presidential election, as he makes unsubstantiated allegations that increased mail-in voting will result in fraud.
The dates of presidential elections — the Tuesday after the first Monday in November in every fourth year — are enshrined in federal law and would require an act of Congress to change. The Constitution makes no provisions for a delay to the Jan. 20, 2021 presidential inauguration.
Still, the mere suggestion of the delay was extraordinary in a nation that has held itself up as a beacon to the world for its history of peaceful transfer of power.
Trump tweeted Thursday: “With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRAUDULENT Election in history. It will be a great embarrassment to the USA. Delay the Election until people can properly, securely and safely vote???”
That’s according to two people familiar with the situation who spoke on condition of anonymity because they weren’t authorized to discuss it by name.
The White House confirmed that O’Brien has mild symptoms and “has been self-isolating and working from a secure location off site,” adding that: “There is no risk of exposure to the President or the Vice President” and that the “work of the National Security Council continues uninterrupted.”
July 23 (Reuters) – U.S. President Donald Trump’s former lawyer Michael Cohen was ordered released from prison and will return to home confinement on Friday after a federal judge found he was a target of retaliation for planning to publish a book about the president.
Cohen was sent home from prison in May because of the coronavirus pandemic.
He was shackled again on July 9 after he questioned an agreement that barred him from publishing his book, engaging with news organizations and posting on social media. Judge Alvin Hellerstein said he had never in his 21 years on the bench seen a provision barring a prisoner from speaking to the media. “How can I take any other inference but that it was retaliatory?”
Cohen has been in solitary confinement in a federal prison in Otisville, New York, about 70 miles (110 km) northwest of New York City.