TV News LIES

Former JPMorgan Chase executive Jes Staley told US lawmakers he repeatedly shared confidential and market-sensitive bank ⁠information with Jeffrey Epstein and ⁠was at one ​point named as a trustee of his estate, according to a transcript released by the House oversight committee on Wednesday.

These admissions come as lawmakers investigate the late convicted ⁠sex offender’s ties with political and business elites. Staley appeared before the committee in July as part of its investigation into Epstein and his associate Ghislaine Maxwell. Transcripts ⁠from the meeting were released on Wednesday.

In the closed-door, voluntary interview conducted on 24 July, Staley said he divulged to ​Epstein the bank’s communications with the Federal Reserve during the ‌2008 financial crisis, a figure of $44bn in private bank inflows over two weeks and details of pending deals. Staley also admitted to ‌sharing other confidential information about JPMorgan with Epstein, according to the transcript.

Lawmakers also questioned him about communications in which he discussed matters including his compensation, client relationships and developments related to his eventual move to Barclays.

Staley defended the exchanges, saying he believed he had the authority to share information when he considered it appropriate. He has maintained he had a close professional relationship with Epstein, but was unaware of his crimes.

More...

Meta will pay up to $18 billion and strictly limit how teenagers use Facebook and Instagram under a sweeping agreement with nearly all U.S. states to resolve claims it designed those social media platforms to addict children.

The settlements announced on Wednesday end a federal trial over allegations Meta‘s products harmed children and the company misled the public about their safety. Four of the states — California, Colorado, Kentucky and New Jersey — were expected to seek close to $200 billion in civil penalties.

While Meta will not undergo a fundamental overhaul, the accords represent a sweeping effort to define how it serves young users.

It could provide a template for resolving thousands of other lawsuits against social media companies. Governments around the world are trying to curb children’s access to harmful online content, including a ban in Australia on social media for children under 16.

More...

When Tim Brunner was at an auction barn earlier this week, he was surprised to see decent cows selling several hundred dollars cheaper than they were just a few weeks ago. 

He largely blames President Donald Trump. And he’s not the only one.

The White House’s abrupt decision last week to ease tariffs on 300,000 metric tons — more than 660 million pounds — of foreign beef imports has infuriated American cattle ranchers and congressional Republicans alike. 

While the president promised the 90-day change would ease high prices for staple foods like hamburgers, many domestic livestock producers took it as a slap in the face during an already-difficult time.

"It’s absolutely idiotic," said Brunner, the president of the Montana Cattlemen's Association, one of several organizations representing cattle ranchers across the Treasure State.

More...

Claims by Jeffrey Epstein’s former girlfriend and longtime associate Ghislaine Maxwell that her sex trafficking conviction was a “complete miscarriage of justice” were rejected Tuesday by a federal judge who said her assertions were based on “speculation, distortions, and/or outright falsehoods.”

Judge Paul A. Engelmayer said in a written ruling that Maxwell’s habeas petition seeking to set aside her conviction and free her from a 20-year prison sentence on the grounds that there was “substantial new evidence” was “demonstrably meritless.”

“Maxwell’s petition falls very far from the mark,” Engelmayer said. “There is no fact that Maxwell fairly puts in dispute that has any potential to disturb the outcome of her trial.”

Maxwell maintained in a habeas petition last December that information that would have resulted in her exoneration at her 2021 trial was withheld and false testimony was presented to the jury.

She said the cumulative effect of the constitutional violations resulted in a “complete miscarriage of justice.”

More...

Democrats and other Donald Trump critics reacted incredulously to a New York Times report on Sunday that House Democratic leader Hakeem Jeffries met with Jared Kushner, the president’s influential son-in-law, to discuss possible areas of collaboration.

The reported meeting comes months ahead of the November midterm elections in which Democrats are favored to retake the US House, a development that would make Jeffries speaker. If they are in the majority, Democrats are expected to use their oversight power to aggressively investigate the Trump administration, including self-enrichment by the president and his family.

There are longstanding conflict-of-interest concerns about the way Kushner has continued to make money from foreign nations as he works on foreign affairs, including conflicts in Ukraine, Iran and Gaza.

Asked about the reported meeting, Jeffries said in a statement: “Throughout this Congress, Republicans have adopted a my-way-or-the-highway approach to governing that has failed the American people. To stop the madness, we have repeatedly made clear that an extremist approach will not work and will be met with forceful opposition.

More...

Nashid Shakir describes how assailants used wire cutters to break into the Westwood Islamic Community Center in the early hours of 3 August.

“They cut the wire and broke the window to get in. They broke into the office, too. It was total disarray,” says Shakir, a board member, and member, at the community center since the 1960s.

Just as troubling is the smashed glass – still evident – on two posters containing lines in Arabic from the Quran hanging on one of the center’s walls.

He shows where valuables including a surveillance camera and television monitors were stolen and where swear words including the word “die” and other profanity were written on a whiteboard.

More...