U.S. President Donald Trump News

Disaster Declaration Approved for Connecticut’s Tornado Recovery

U.S. President Donald Trump has approved a disaster declaration for Connecticut following severe storms that included four tornadoes. The tornadoes touched down in six towns in Connecticut during the May 15 storms. Connecticut Gov. Dannel P. Malloy asked the federal …

The Hartford and Travelers Among Companies Offering Bonuses Due to New Tax Law

Hartford, Conn.-based The Hartford and New York City-headquartered Travelers confirmed they are among several companies giving their employees bonuses of $1,000 each if they earn $75,000 or less annually as a result of what U.S. Treasury Secretary Steven T. Mnuchin …

New York’s Financial Watchdog Proposes ‘Best Interest’ Rules

New York State’s top financial watchdog proposed regulations that would require sellers of life insurance and annuities to act in the best interest of clients, raising standards even as the U.S. government delays its fiduciary rule. Products that best fit …

New Hampshire Governor Requests Disaster Assistance for March Storm

New Hampshire Republican Gov. Chris Sununu has requested that President Donald Trump issue a major disaster declaration and provide federal emergency assistance for the blizzard and severe winter storm that happened in mid-March. Sununu said that eight of the state’s …

Trump Claims Absolute Immunity from D.C. Wine Bar’s Lawsuit

Lawyers for Donald Trump on Wednesday said the U.S. president has “absolute immunity” from a lawsuit by owners of the Cork Wine Bar in Washington, D.C., who claim that his ownership of a nearby hotel constitutes unfair competition. Trump’s lawyers, …

Anbang Insurance Reportedly in Talks to Provide Equity for Kushner Tower Project

The family-owned company that until recently was headed by U.S. President Donald Trump’s son-in-law hopes to turn an aging New York office tower into a signature development that could be worth up to $12 billion, a report said on Wednesday. …

China’s Anbang Insurance Group Denies Report of Kushner Property Investment

China’s Anbang Insurance Group said it is not investing in a flagship Manhattan office tower owned by the family of Jared Kushner, U.S. President Donald Trump’s son-in-law and senior adviser. Anbang Insurance Group was named in a Bloomberg report on …