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Stories of Interest
- SEC Adopts Statement and Interpretive Guidance on Public Company Cybersecurity Disclosures
- SEC Charges Former Bitcoin Exchange and Its Founder With Fraud
- JPMorgan Chase to Replace NYC Headquarters with 70-Story Skyscraper
- Citigroup Raises CEO Corbat's Pay 48% to $23Mn
- Should Congress Create a Crypto-Cop?
- JPMorgan Weighs Buying an Exchange-Traded Funds Firm
- Hey, Goldman Sachs: Wanna Buy BNY Mellon?
- SEC Order Rejecting Acquisition of Chicago Stock Exchange (CSX) by Chinese-Baesd Company
- Kyle Moffatt Named Chief Accountant in SEC CorpFinance
- SEC Suspends Trading in 3 Issuers Claiming Involvement in Cryptocurrency and Blockchain Technology
- Karen Garnett, Assoc. Director of SEC CorpFinance, to Leave After 23 Years of Service
- Louisiana Adviser Barred for Hiding Losses from Investors
- Connecticut HF Manager Illegally Diverted Investor Money - Now Owes Nearly $13Mn
- White House Cleaning House of Advisors Without Full Security Clearance
- Goldman Projects 30% Growth in Wealth Management Advisor Force
- Whistleblower Alleges Manipulation of CBOE Volatility Index
- FINRA Looking Into VIX (CBOE Volatility Index) Manipulation: WSJ
- Atlanta-Area Resident Charged with Misusing Investor Funds - SEC
- FINRA Announces 2018 West Region Networking Seminar
- Alberto Arevalo, Associate Director in Office of International Affairs, to Retire From SEC
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NEWSLETTERS & ALERTS
Donald Trump & Co.
Are Trump's Wiretap Tweets an Impeachable Offense?
[Photo: Trump and Obama during happier times / Wikimedia Commons]
A common thread of conversation around many dinner tables is the question of whether Donald Trump will make it through his full term in office - let alone his first year. While insults and innuendos have become the norm in this administration, and unfortunately throughout the country, these disingenuous rantings and raves don't seem serious enough to cross legal boundaries. But what about Mr. Trump’s latest tweets about wiretaps, which reportedly were based on reports appearing on Breitbart news.
Over the past week, President Trump accused his predecessor, President Obama, of ordering a wiretap of his phones during the presidential campaign – something that, if it were true, would be comparable to the 1970s Watergate scandal. And yes, Trump even threw that connection into his Twitter mix.
No proof has yet been offered and the White House has been quiet of late on the matter. Nevertheless, the accusation cannot be retracted at this point in time. And, if it is determined – as is likely to be the case – that the accusation (or should we say allegation) is not true and unsupported by evidence, then we may have a scandal of major proportions on our hands.
According to Bloomberg columnist Noah Feldman – a professor of constitutional and international law at Harvard – it would be a mistake to say simply that Trump’s accusation against Obama is protected by the First Amendment.
False and defamatory speech isn’t protected by the First Amendment.
Which brings us to the question of how, if at all, should this matter be handled. Mr. Feldman suggests that the constitutional remedy for presidential misconduct is impeachment.
Talk about a firestorm in the making.