MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22

MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1918 Mon; -1.35% Y/Y

CHINA PRESS: Yuan To Reach 17% Of Global Payments By 2035

MNI China Daily Summary: Friday, November 22

MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: Gilt Syndi; IT, EU Due Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL NOV INDEX 71.8

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Trump's Manhattan Sentencing Postponed Until After Election Day

US
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsPolitical Market NewsSmith (DS) (SMDS) Market News

Justice Juan Merchan, the judge presiding over former President Donald Trump’s Manhattan 'hush money' case, in which he was found guilty on 34 counts of falsifying business records to cover up a sex scandal, has postponed sentencing until November 26 -after the US presidential election. The decision significantly derisks Trump's exposure to the legal issues that had threatened to undermine his presidential campaign.

  • The decision was widely expected, as Manhattan DA Alvin Bragg raised no objections to Trump's request to postpone sentencing in light of a recent Supreme Court ruling that grants presidents broad immunity from prosecution.
  • The other ongoing Trump cases remain stalled. District Judge Tanya Chutkan, presiding over the federal election subversion case in Washington DC, yesterday laid out a new schedule for the prosecution to submit filings, following the SCOTUS ruling.
  • Politico notes: “Special counsel Jack Smith’s team now has until Sept. 26 to file an “opening briefing” about why the case should still stand, while the defense gets until Oct. 17 to reply. Smith will get to respond to the defense in his own second filing, due Oct. 29 — just one week before the election.”
  • Politico adds: “Chutkan’s new schedule opens the possibility that we could see a bit of an “October surprise” ... Smith’s late-September filing is expected to include evidence he’d present in a would-be trial on this matter, meaning the briefs could be, ‘jammed with new and explosive evidence.’”
236 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Justice Juan Merchan, the judge presiding over former President Donald Trump’s Manhattan 'hush money' case, in which he was found guilty on 34 counts of falsifying business records to cover up a sex scandal, has postponed sentencing until November 26 -after the US presidential election. The decision significantly derisks Trump's exposure to the legal issues that had threatened to undermine his presidential campaign.

  • The decision was widely expected, as Manhattan DA Alvin Bragg raised no objections to Trump's request to postpone sentencing in light of a recent Supreme Court ruling that grants presidents broad immunity from prosecution.
  • The other ongoing Trump cases remain stalled. District Judge Tanya Chutkan, presiding over the federal election subversion case in Washington DC, yesterday laid out a new schedule for the prosecution to submit filings, following the SCOTUS ruling.
  • Politico notes: “Special counsel Jack Smith’s team now has until Sept. 26 to file an “opening briefing” about why the case should still stand, while the defense gets until Oct. 17 to reply. Smith will get to respond to the defense in his own second filing, due Oct. 29 — just one week before the election.”
  • Politico adds: “Chutkan’s new schedule opens the possibility that we could see a bit of an “October surprise” ... Smith’s late-September filing is expected to include evidence he’d present in a would-be trial on this matter, meaning the briefs could be, ‘jammed with new and explosive evidence.’”