1 00:00:01,520 --> 00:00:04,520 Speaker 1: News when you wanted with the Bloomberg News Now I 2 00:00:04,640 --> 00:00:08,200 Speaker 1: med Kleggy. A New York jury on Friday afternoon found 3 00:00:08,200 --> 00:00:11,640 Speaker 1: Donald Trump must pay eighty three point three million dollars 4 00:00:11,680 --> 00:00:15,400 Speaker 1: to former LL magazine columnist E. G. Carroll for defaming 5 00:00:15,440 --> 00:00:18,840 Speaker 1: her when he denied he sexually assaulted her. It is 6 00:00:18,920 --> 00:00:21,959 Speaker 1: the latest legal setback for the former president as he 7 00:00:22,040 --> 00:00:25,800 Speaker 1: campaigns to return to the White House. Bloomberg Political News 8 00:00:25,840 --> 00:00:30,200 Speaker 1: director Jody Schneider on possible twenty twenty four presidential election 9 00:00:30,400 --> 00:00:32,599 Speaker 1: impacts for the former president. 10 00:00:32,920 --> 00:00:36,519 Speaker 2: He was very concerned about the image of this and 11 00:00:36,720 --> 00:00:39,559 Speaker 2: tried to also make it part of his argument, as 12 00:00:39,600 --> 00:00:44,080 Speaker 2: in other cases in which he's charged this was separate 13 00:00:44,080 --> 00:00:47,680 Speaker 2: from them, but that he was being targeted, he was 14 00:00:47,720 --> 00:00:51,239 Speaker 2: being victimized. This is something that he has kind of 15 00:00:51,280 --> 00:00:55,400 Speaker 2: gone from the campaign trail to the courthouse about. Question 16 00:00:55,440 --> 00:00:58,600 Speaker 2: will be will this matter to voters? It hasn't seemed 17 00:00:58,640 --> 00:00:59,400 Speaker 2: to so far. 18 00:00:59,840 --> 00:01:02,640 Speaker 1: The award was handed down Friday in a Manhattan federal 19 00:01:02,680 --> 00:01:05,880 Speaker 1: court after a trial that spanned two weeks. Soon after 20 00:01:05,880 --> 00:01:09,000 Speaker 1: the verdict was handed down, former President Trump released a 21 00:01:09,040 --> 00:01:13,200 Speaker 1: statement which read, quote absolutely ridiculous. I fully disagree with 22 00:01:13,240 --> 00:01:15,880 Speaker 1: both verdicts and will be appealing this whole Biden directed 23 00:01:15,920 --> 00:01:19,160 Speaker 1: witch hunt focused on me and the Republican Party. Our 24 00:01:19,240 --> 00:01:21,679 Speaker 1: legal system is out of control in being used as 25 00:01:21,720 --> 00:01:25,720 Speaker 1: a political weapon. They have taken away our First Amendment rights. 26 00:01:26,040 --> 00:01:28,800 Speaker 1: This is not America again. That was a statement issued 27 00:01:28,840 --> 00:01:32,760 Speaker 1: by former President Trump after the jury issued its decision. 28 00:01:33,400 --> 00:01:37,520 Speaker 1: Vince McMahon has resigned as chairman of TKO Group Holdings, 29 00:01:37,560 --> 00:01:41,319 Speaker 1: Incorporated after a former employee accused him of sex trafficking. 30 00:01:41,680 --> 00:01:45,520 Speaker 1: McMahon said he intends to vigorously defend himself against the claims, 31 00:01:45,560 --> 00:01:48,400 Speaker 1: but will step down out of respect for TKO in 32 00:01:48,440 --> 00:01:51,680 Speaker 1: the WWWEE business. This according to a statement on Friday. 33 00:01:52,080 --> 00:01:55,280 Speaker 1: Jennell Grant, a former World Wrestling Entertainment employee, said in 34 00:01:55,280 --> 00:01:58,400 Speaker 1: a lawsuit this week that she was sexually exploited and 35 00:01:58,440 --> 00:02:01,840 Speaker 1: degraded by McMahon during his time as chief executive officer. 36 00:02:02,200 --> 00:02:04,520 Speaker 1: She said she was forced to perform sexual lax in 37 00:02:04,560 --> 00:02:07,480 Speaker 1: exchange for employment, and that she was trafficked to other 38 00:02:07,600 --> 00:02:11,119 Speaker 1: men at the company by McMahon. McMahon on Friday reiterated 39 00:02:11,160 --> 00:02:15,000 Speaker 1: in earlier denial of the claims. The White House says 40 00:02:15,040 --> 00:02:19,080 Speaker 1: sexually explicit ai generated images of pop star Taylor Swift 41 00:02:19,320 --> 00:02:23,280 Speaker 1: were concerning, and that Congress should consider legislation to address 42 00:02:23,280 --> 00:02:27,840 Speaker 1: fake abusive images that are proliferating online. White House Press 43 00:02:27,840 --> 00:02:29,600 Speaker 1: Secretary Kareine John Pierre. 44 00:02:29,639 --> 00:02:33,280 Speaker 3: While social media companies make their own independent decisions about 45 00:02:33,320 --> 00:02:36,480 Speaker 3: content management, we believe they have an important role to 46 00:02:36,480 --> 00:02:39,720 Speaker 3: play in enforcing enforcing their own rules to prevent the 47 00:02:39,720 --> 00:02:44,760 Speaker 3: spread of misinformation and non consensual intimate imagery of real people. 48 00:02:45,000 --> 00:02:48,640 Speaker 1: John Pierre went on to say that lax enforcement disproportionally 49 00:02:48,680 --> 00:02:53,160 Speaker 1: impacts women and girls. JP Morgan Chasing Company chief executive 50 00:02:53,200 --> 00:02:57,680 Speaker 1: officer Jamie Diamond believes lower income Americans should pay less 51 00:02:57,760 --> 00:03:00,480 Speaker 1: in taxes, and he has a plan to pay for it. 52 00:03:00,680 --> 00:03:05,120 Speaker 4: The lower income folks have more crime, worse health, less 53 00:03:05,240 --> 00:03:07,040 Speaker 4: good schools, and we can talk about that a little 54 00:03:07,040 --> 00:03:09,000 Speaker 4: bit too. This is like a no brain, a lift 55 00:03:09,080 --> 00:03:11,480 Speaker 4: up society, and I would pay for it by taxing 56 00:03:11,480 --> 00:03:14,560 Speaker 4: the wealthy a little bit more. You will go to 57 00:03:14,600 --> 00:03:16,600 Speaker 4: this bit no, but this is one that you know 58 00:03:16,639 --> 00:03:18,040 Speaker 4: you can have some of. This is one there's so 59 00:03:18,080 --> 00:03:19,799 Speaker 4: many tax breaks out there that shouldn't be there. 60 00:03:20,120 --> 00:03:23,480 Speaker 1: Jamie Diamond, speaking at a panel discussion in Washington, hosted 61 00:03:23,480 --> 00:03:26,560 Speaker 1: by the Bipartisan Policy Center. Right Now, Congress is debating 62 00:03:26,639 --> 00:03:30,960 Speaker 1: reforming and expanding the Earned Income Tax Credit, or EITC, 63 00:03:31,120 --> 00:03:34,040 Speaker 1: which helps some low and moderate income Americans cut the 64 00:03:34,120 --> 00:03:38,000 Speaker 1: amount of taxes they go annually. Wayne Lapierre, the longtime 65 00:03:38,080 --> 00:03:41,160 Speaker 1: leader of the National Rifle Association, was grilled in front 66 00:03:41,200 --> 00:03:43,840 Speaker 1: of a New York jury on Friday over his use 67 00:03:43,880 --> 00:03:46,720 Speaker 1: of NRA funds to buy gifts and about yacht trips 68 00:03:46,720 --> 00:03:50,080 Speaker 1: to the Bahamas. Lapierre told the jurors that his friend 69 00:03:50,080 --> 00:03:53,360 Speaker 1: at NRA vendor David Mackenzie, paid for the yacht outings. 70 00:03:53,720 --> 00:03:56,480 Speaker 1: His testimony came in the civil trial of New York's 71 00:03:56,480 --> 00:03:59,720 Speaker 1: twenty twenty lawsuit alleging the big gun rights group and 72 00:03:59,760 --> 00:04:04,200 Speaker 1: it's chief executive officer diverted charitable donations for years to 73 00:04:04,400 --> 00:04:09,120 Speaker 1: enrich its executives in violation of laws governing nonprofits. Lapierre's 74 00:04:09,160 --> 00:04:12,200 Speaker 1: wife and niece often accompanied him on the trips, and 75 00:04:12,280 --> 00:04:15,440 Speaker 1: he didn't disclose the travel to the NRA's board in advance. 76 00:04:15,800 --> 00:04:18,200 Speaker 1: The seventy four year old CEO told the jury in 77 00:04:18,240 --> 00:04:22,400 Speaker 1: Lower Manhattan, under questioning by the state, that's news when 78 00:04:22,440 --> 00:04:25,240 Speaker 1: you want it. With Bloomberg News Now I'm mid Kaleggi, 79 00:04:25,640 --> 00:04:27,680 Speaker 1: and this is Bloomberg.