Tuesday, October 28, 2025

Articles by Allen Cone

3 articles found

Jack Smith wants open hearings before Congress on cases against Trump
Technology

Jack Smith wants open hearings before Congress on cases against Trump

Oct. 24 (UPI) -- Former special counsel Jack Smith wants to testify in open hearings before the House and Senate Judiciary Committees about his investigations of President Donald Trump. On Thursday, Smith's lawyers sent letters to Republican Sen. Chuck Grassley of Iowa and Rep. Jim Jordan of Ohio, who lead the chambers' panels. Trump was indicted in two cases: attempts to overturn the 2020 presidential election and possession of classified documents at his Mar-a-Lago home in Florida. On Oct. 14, Jordan demanded that he testify behind closed doors with a transcript available, writing "your testimony is necessary to understand the full extent to which the Biden-Harris Justice Department weaponized federal law enforcement." Jordan accused him of prosecutorial overreach and evidence manipulation. But Smith, who resigned from his position before Trump returned to office in January, wants the hearings in public. "Given the many mischaracterizations of Mr. Smith's investigation into President Trump's alleged mishandling of classified documents and role in attempting to overturn the results of the 2020 election, Mr. Smith respectfully requests the opportunity to testify in open hearings before the House and Senate Judiciary Committees," his attorneys, Lanny Breuer and Peter Koski, wrote. Smith will need approval from the Justice Department, where he was employed when Joe Biden was president. Smith's attorneys said he will need guidance so he won't violate rules to guard jury testimony. "He is prepared to answer questions about the Special Counsel's investigation and prosecution, but requires assurance from the Department of Justice that he will not be punished for doing so," the letter said. Smith's lawyers also asked for "access to the Special Counsel files, which he no longer has the ability to access." "Jack Smith certainly has a lot of answering to do, but first, Congress needs to have all the facts at its disposal," Grassley told CNN in a statement. "Hearings should follow once the investigative foundation has been firmly set, which is why I'm actively working with the DOJ and FBI to collect all relevant records that Mr. Smith had years to become familiar with." Smith issued reports on both cases but the one on Trump's handling of sensitive documents found at Mar-a-Lago hasn't been released. Attorney General Merrick Garland, before leaving office, said he wouldn't release the report because of a criminal case involving two of Trump's co-defendants was ongoing. But when Trump was elected president again, both cases were dropped. The president and Republicans in Congress have accused Smith of pursuing politically motivated cases against Trump in an effort to undermine his candidacy for a second term. But Smith "steadfastly adhered to established legal standards and Department of Justice guidelines, consistent with his approach throughout his career as a dedicated public servant," while leading the investigations, the letter said. Rep. Jamie Raskkin, a Democrat serving a district in Maryland, told The Hill that Smith's offer should be accepted. "Mr. Smith has made clear that he is prepared to address those allegations publicly, and I can think of no reason to deny the American people the opportunity to hear his testimony, under oath and with questioning from Members of both parties, and to let all Americans judge for themselves the integrity of Mr. Smith's investigations," Raskin wrote Thursday. "There is no reason his appearance should be in the shadows of a backroom and subject to the usual tiresome partisan tactics of leak-and-distort." This week, it was reported Trump is pressing for his Justice Department to pay roughly $230 million as a settlement for two investigations. One involved the documents case and the other was ties of his 2016 campaign to the Russian government, which was investigated by another special counsel, Robert Mueller. No charges in the latter were made because of the ability to indict a sitting president. Smith hadn't spoken much publicly about his office's investigations or through case failings. On Oct. 8, he was interviewed by Andrew Weissman at University College London. Weissman was part of Mueller's investigations and is now an MSNBC analyst. "The idea that politics played a role in who worked on that case, or who got chosen, is ludicrous," Smith told Weissmann. "The people on my team were similar to what I saw throughout the [Department of Justice] throughout my career," he said. "Apolitical people who wanted to do the right thing and do public service."

Trump: Israel-Hamas peace deal, hostages release 'very close'
Technology

Trump: Israel-Hamas peace deal, hostages release 'very close'

Oct. 8 (UPI) -- President Donald Trump said Wednesday that a peace deal and hostage/prisoner exchange between Israel and Hamas is "very close," and he might travel to the Middle East this weekend. Earlier in the day, Trump's lead negotiators, special envoy Steve Witkoff and the president's son-in-law, Jared Kushner, finished their first day of talks in Egypt with Israel, Hamas and other Arab partners, including Qatar, which has been a mediator. Israel's chief negotiator is Ron Dermer, who didn't arrive at talks until Wednesday. They are seeking to end the war that began in Gaza on Oct. 7, 2023, after the militant Hamas attacked Israel. "Our final negotiation, as you know, is with Hamas. And it seems to be going well," Trump said during a White House roundtable on Antifa, during which he was handed a note by Secretary of State Marco Rubio with the latest information. "I may go there sometime toward the end of the week. We'll see, but there's a very good chance that negotiations are going along very well.' Trump said he might leave for the Middle East as early as Saturday from Washington, D.C. "We haven't decided exactly," Trump said. "I'll be going to Egypt. Most likely. That's where everybody is gathered right now, and we appreciate that very much, but I'll be making the rounds as the expression goes." Egyptian President Abdel Fattah al-Sisi invited Trump to attend the signing ceremony. Final details were still being worked out in the Red Sea town of Sharm El-Sheikh. "With God's help, may we have a happy holiday with good news," Israeli Foreign Minister Gideon Sa'ar told those gathered to mark the Day of Georgian Jewry in Israel. On Sept. 29, Trump and Israeli Prime Minister Benjamin Netanyahu agreed to a 20-point peace plan. On Friday, Hamas reacted positively to the plan. Hamas would disarm and end control of Gaza. The area, which at one time had about 2.2 million Palestinians, would be governed temporarily by international trustees overseen by the U.S. and Arab allies. Hundreds of thousands have fled from the Gaza Strip and more than 67,000 have died, according to the Hamas-run Health Ministry. Hamas has opposed the oversight committee led by Trump, called a "Board of Peace." On Monday, Trump said Hamas has "agreed to very important things" during the negotiations. The plan calls for an exchange of hostages by Hamas and prisoners by Israel within 72 hours of an agreement. In Gaza, Israel believes there are 20 live hostages and 28 dead. "We are very close to an agreement. What's still pending is the list of prisoners [to be] exchanged," a Hamas official told CNN. Rubio, who is also Trump's national security adviser, has been in touch with the negotiators. "We're getting very positive reports, as of an hour ago," Rubio said as he left the Senate Republican lunch at the Capitol. "I feel optimistic that we're going to get to a deal, hopefully, that hostages will be released -- all the hostages. There's good progress being made. But it all begins with all the hostages coming home. And I think we have to be optimistic, but there's still some work to be done." With a deal near, Rubio canceled a trip to France to meet with other foreign ministers. The humanitarian situation in Gaza is becoming "more and more catastrophic," the emergency coordinator for Doctors Without Borders in the area told CNN's Lynda Kinkade.

Fannie Mae Housing Survey: 70% believe U.S. economy on wrong track
Technology

Fannie Mae Housing Survey: 70% believe U.S. economy on wrong track

Oct. 8 (UPI) -- Nearly 70% of Americans believe the economy is headed in the wrong direction and 73% think it's a bad time to buy a house, according to Fannie Mae's Home Purchase Sentiment Index. In the September survey, just 32% believe the economy is going in the right direction and 27% see now is a good time to purchase a home. The Fannie May numbers are a mixed bag compared to one year ago, when 64% thought the economy is on the wrong track but 81% thought it was a bad time to buy a home. The Home Purchase Sentiment Index is designed to track consumers' housing-related attitudes, using six questions from the National Housing Survey. Fannie Mae, officially known as the Federal National Mortgage Association, buys mortgages from banks and other lenders. The survey was conducted among 1,086 household decision makers 18 and older from Sept. 2-22 with a margin of error of 3.79%. The numbers correspond to other surveys. The Harvard Caps Harris poll released this week saw 53% believe the economy is the wrong track and 37% on the right track among registered voters. The Pew Research Center survey, released Friday, also found the economy is fair or poor among 74% of U.S. adults, while just 26% said it is good or excellent. Over the last years in Fannie Mae polling, the worst sentiment to buy was 84% in September 2023 -- at that time, 16% thought it was a good time to purchase a home. Consumers are also pessimistic about their personal finances, with just 32% expecting them to improve over the next year, 23% anticipating things will get worse and 45% seeing no change. in the latest survey, 40% believe home prices will increase over the next year, 22% see a decrease and 38% will remain the same. "The bottom line is that the labor market is at a standstill, where workers are not getting hired or voluntarily changing jobs," Apollo Global Management Chief Economist Torsten Slok wrote, according to Fortune. The September unemployment rate has not been released because of the government shutdown. In August, it was 4.32%. In the survey, employment confidence remains solid, with 75% of working respondents not concerned about job loss in the next year compared with 23% concerned. The buying and selling of homes is tied to interest rates, with the average 30-year fixed mortgage rate at 6.34% last week, according to the Federal Reserve Bank of St. Louis. At the end of October last year, the rate was 6.72%. In the past 50 years, Interest rates were the lowest at 2.77%, in January 2021 during the COVID-19 pandemic, and highest at 18.53% in October 1981 during a recession. The median price of a home sold in the United States in the second quarter of 2025 was $512,800 compared with $514,000 in the first quarter, according to the St. Louis Fed. "The reality is that buying into the market, especially in Manhattan or prime Brooklyn, still requires a significant amount of cash upfront," Michelle Griffith, a luxury real-estate broker with Douglas Elliman based in New York City, told Fortune recently. "Inventory is tight and competition is high, so the cost of the property itself is what keeps most buyers on the sidelines." The survey also found renters believe costs will climb with a 6% average increase over the next year. In the survey, 33% would choose to rent while 67% would opt to buy. Also, 57% report that obtaining a mortgage today would be difficult.