Reuters US Domestic News Summary
A look at his assets and income Former U.S. President Donald Trump faces a Monday deadline to post a bond covering a $454 million civil judgment against him in a New York state case, after a judge found he had overstated the value of his assets.
Following is a summary of current US domestic news briefs.
Regeneron's blood cancer therapy faces setback as FDA raises trial concerns
Regeneron Pharmaceuticals said on Monday the U.S. FDA has declined approval for its blood cancer therapy for two forms of lymphoma, raising concerns over the progress of ongoing confirmatory trials. In its so-called complete response letter (CRL), the U.S. Food and Drug Administration said it needed more data from enrollments in dose-finding and confirmatory portions of trials, delaying its decision on the drug.
Will you be able to buy Trump Tower at auction? Not anytime soon
New York state could start seizing Donald Trump's properties if he doesn't post a bond by Monday to cover a $454 million civil fraud judgment, but it may be well over a year before Trump Tower and other prized real estate holdings are on the chopping block. Seizing the former U.S president's sprawling real estate empire, which includes Trump Tower in Manhattan, a 370-acre estate in Westchester and his Mar-a-Lago resort in Florida, would not entail sheriff's deputies storming the lobby of Trump's buildings or chiseling the real estate mogul's name off of facades.
Trump has hours to cover $454 million judgment or risk property seizure
Donald Trump faces a Monday deadline to post a bond to cover a $454 million civil fraud judgment or face the risk of New York state seizing some of his marquee properties. Trump, seeking to regain the presidency this year, must either pay the money out of his own pocket or post a bond while he appeals Justice Arthur Engoron's Feb. 16 judgment against him for manipulating his net worth and his family real estate company's property values to dupe lenders and insurers.
Trump to ask judge to delay or dismiss Stormy Daniels hush money case
Donald Trump will ask a judge on Monday to delay or dismiss his trial on charges stemming from hush money paid to a porn star, citing thousands of pages of potential evidence about witness Michael Cohen that prosecutors turned over only weeks ago. Cohen, Trump's onetime lawyer and fixer, made a $130,000 payment to silence adult film actress Stormy Daniels before the 2016 election about a sexual encounter she said they had a decade earlier - an encounter Trump denies.
Factbox-What's Trump worth? A look at his assets and income
Former U.S. President Donald Trump faces a Monday deadline to post a bond covering a $454 million civil judgment against him in a New York state case, after a judge found he had overstated the value of his assets. His lawyers have told the court it is impossible for him to raise that much money. In a Friday post on Truth Social, his social media platform, Trump said he had done nothing wrong. Failure to post the bond could lead to New York Attorney General Letitia James seizing his assets.
Comedian Kevin Hart honored with Kennedy Center's Mark Twain Prize for humor
The Kennedy Center honored comedian Kevin Hart with the Mark Twain Prize for American Humor on Sunday with an evening that featured routines from fellow comics Dave Chappelle, Chelsea Handler and Jerry Seinfeld in tribute to Hart's career. In a recorded show that will air on May 11 on Netflix, Hart's peers celebrated him with a mix of humor, profanity and emotion.
Republican Sen. Murkowski won't back Trump, does not rule out leaving party
Republican Senator Lisa Murkowski said she cannot back her party's nominee for the 2024 presidential election, Donald Trump, and did not rule out becoming an independent. "I wish that as Republicans, we had ... a nominee that I could get behind,” Murkowski told CNN. "I certainly can’t get behind Donald Trump."
US Supreme Court abortion pill fight brings claims of distorted science
The abortion opponents who are seeking to convince the U.S. Supreme Court to limit access to the abortion pill mifepristone point to three studies by Gynuity Health Projects, a New York-based women's health research group, to back up their arguments that it is unsafe despite its regulatory approval decades ago. But the way the research has been prominently cited by the plaintiffs in their bid to limit how the pill is prescribed and distributed is bewildering to Dr. Beverly Winikoff, Gynuity's president, given that the conclusions broadly support easier access to the medication.
Federal Reserve expected to cut rates, lift Biden's prospects
The U.S. Federal Reserve looks on track to cut interest rates as the presidential campaign season heats up, potentially delivering President Joe Biden a boost as polls show Americans dislike his handling of the economy. The Fed could play an outsized - and potentially uncomfortable - election-year role by helping shape attitudes about stubbornly high inflation and mounting housing costs that have been a drag on Biden's reelection efforts. Rate cuts will also invite critics - Republican challenger Donald Trump chief among them - to argue an agency set up to be an independent monetary authority is tipping the political scales toward Biden.
Mountain lion kills man, injures brother in rare California fatal attack
A mountain lion killed a 21-year-old man and gravely wounded his younger brother on Saturday in the foothills of northern California's Sierra Nevada, marking the first fatal cougar attack in the state in 20 years, authorities said. The two brothers were attacked as they were out collecting deer antlers in remote wooded area near Georgetown, a former gold rush mining camp in El Dorado County northeast of Sacramento, the state capital, the county sheriff's office said.
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