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House Minority Leader Hakeem Jeffries, D-N.Y., once said that failing to fully fund the Department of Homeland Security (DHS) was “legislative malpractice” — a position he is now rejecting in the current funding standoff with Republicans.

“We are here today to do a single job, and that should be to fund fully the Department of Homeland Security,” Jeffries said during a 2015 speech on the House floor. 

Jeffries, near the start of his congressional career, urged the Republican-controlled House to pass a “clean” DHS bill that year when the department was on the brink of a partial government shutdown.

“Anything else is an abdication of our responsibility. Anything else is an act of legislative malpractice,” Jeffries said at the time, referring to providing full-year appropriations to the department.

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A decade later, Jeffries has reversed that position, arguing that fully funding DHS would be a failure of Congress. He and Senate Minority Leader Chuck Schumer, D-N.Y., have withheld their votes on a full-year DHS funding bill as they demand various reforms to rein in immigration enforcement.

“Taxpayer dollars should be used to make life more affordable for the American people, not brutalize or kill them,” Jeffries said in February. “The American people know ICE [Immigration and Customs Enforcement] is out of control.”

The 39-day funding standoff has snarled air travel across the country as passengers face hours-long wait times at airport security checkpoints due to a shortage of TSA workers. Tens of thousands of DHS employees — including TSA agents — are reporting to work without pay during the shutdown, leading some to call off work or quit altogether.

Some TSA personnel are sleeping in cars and selling blood plasma to make ends meet, Acting Deputy TSA Administrator Adam Stahl said Tuesday.

Jeffries is expected to vote against a full-year DHS measure with a majority of House Democrats this week. The minority leader has repeatedly voted against a “clean” DHS spending measure since the funding lapse began on Feb. 14.

EXCLUSIVE: HOUSE REPUBLICANS TO HOLD HEARING ON DHS SHUTDOWN RISKS AMID TRAVEL SURGE

House Speaker Mike Johnson, R-La., has narrowly steered the legislation through his chamber with largely Republican votes, but the spending measure has stalled in the Senate with nearly all Democrats moving to filibuster it. 

Jeffries, by contrast, is seeking to force a vote on a DHS appropriations bill that would fund the department minus its immigration enforcement functions. 

“We can fund TSA, fund the Coast Guard, fund FEMA, fund our cybersecurity professionals or continue to allow ICE to brutalize and, in some cases, kill American citizens or to violently target law-abiding immigrant families,” Jeffries said during a news conference last week.

It’s a position that he warned could put Americans in danger during the 2015 speech.

“We’re playing political games at a time when the safety and the security of the American people is being threatened,” Jeffries said regarding the prospect of not passing a full-year DHS bill.

A spokesperson for Jeffries did not immediately respond to Fox News Digital’s request for comment.

An embattled lawmaker facing five decades in prison will face the congressional spotlight Thursday during an ethics trial that could result in her expulsion from the House of Representatives.

Rep. Sheila Cherfilus-McCormick, D-Fla., is expected to testify before the House Ethics Committee during a rare public hearing Thursday afternoon. The case is separate from a sprawling federal indictment accusing Cherfilus-McCormick of stealing more than $5 million in disaster relief funds to finance her inaugural congressional run in 2021 and purchase luxury items, including a large diamond ring. The Florida Democrat is also alleged to have participated in a straw donor scheme and conspired to file a false federal tax return.

Cherfilus-McCormick has repeatedly sought to delay the hearing, citing the ongoing federal criminal case and losing her legal representation earlier in March. It is not clear whether the Florida Democrat will be represented by an attorney at the hearing. 

Cherfilus McCormick said in a statement sent to Fox News that she is “deeply disappointed” the bipartisan committee chose to proceed with a trial, alleging a violation of her due process rights.

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“I urge the Committee to follow its own precedents and uphold fairness and not allow this process to be driven by politics or numbers,” Cherfilus-McCormick said. “I welcome the opportunity to set the record straight and challenge these inaccuracies, when I am legally able to do so.”

Cherfilus-McCormick has denied wrongdoing after being indicted in November 2025 and pleaded not guilty in federal court. She has repeatedly defied calls from Republicans to resign — a move that would have avoided the ethics hearing and possible expulsion.

According to the indictment, Trinity Health Care Services, a company owned by Cherfilus-McCormick and her brother, Edwin Cherfilus, received $5 million in Federal Emergency Management Agency (FEMA) overpayment from the state of Florida for a COVID-19 vaccine contract.

Rather than return the money, federal prosecutors allege the duo laundered the money through multiple bank accounts to hide its origin.

The House Ethics Committee unveiled a 27-count “statement of alleged violations” against Cherfilus-McCormick that is expected to be presented during the hearing Thursday. 

The hearing itself is extremely rare. It will be the first time the eight-member panel will hold a public hearing against a lawmaker since 2010.

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Rep. Greg Steube, R-Fla., has said he would move forward with a resolution seeking to expel Cherfilus-McCormick regardless of the trial’s outcome. Under House rules, two-thirds of lawmakers — meaning a swath of Democrats — would need to vote in the affirmative to expel the Florida Democrat. 

“You’re in a situation where you have a sitting member of Congress who’s allegedly stolen over $5 million in taxpayer funds,” Steube told reporters Tuesday. “She should immediately resign instead of going through this process. But she’s going to force us to do this.”

Steube also said a possible recommendation of expulsion from the committee could force Democrats to support his resolution.

“If the committee in a bipartisan manner, it recommends an expulsion that puts the Democratic caucus in a very tough position because you would be undermining your own members on the Ethics Committee.”

But House Democratic leadership, who have largely defended Cherfilus-McCormick, has yet to say whether they would support an expulsion resolution following the hearing’s conclusion. 

Cherfilus-McCormick was among a group of Democrats who stood behind House Minority Leader Hakeem Jeffries, D-N.Y., when he gave remarks on the Department of Homeland Security (DHS) shutdown outside the U.S. Capitol last week. He responded, “next question,” when asked by Fox News about the expulsion threat on Tuesday.

“I’m not going to prejudge the outcome that they arrive to,” House Democratic Conference Chairman Pete Aguilar, D-Calif., said Wednesday. “I respect the members of the ethics committee and the work that they have to do.”

Democrats’ refusal so far to condemn Cherfilus-McCormick has prompted sharp criticism from Republicans. 

“So-called ‘Leader’ Hakeem Jeffries talks a big game on corruption, but when it’s one of his own, he suddenly loses his voice,” NRCC spokesman Mike Marinella said in a statement. 

Some Republicans have also complained about a double standard with the chamber’s treatment of Cherfilus-McCormick by making comparisons to former Rep. George Santos, R-N.Y. The scandal-plagued lawmaker was expelled from Congress in 2023 before an ethics hearing or criminal conviction.

“It seems like what happened to George was just like a runaway freight train up here,” Rep. Byron Donalds, R-Fla., said Wednesday. “They didn’t even give George an opportunity to get fully through ethics. And so this one’s been a little bit more deliberate.”

“I think going forward, how this one’s been conducted is how it should go,” Donalds added, referring to the anticipated Cherfilus-McCormick hearing. “It should be deliberate before these kind of judgments just end up on the House floor.”

A former accountant and lawyer for the disgraced financier Jeffrey Epstein both told the House Oversight Committee earlier this month that the Department of Justice had never interviewed them about Epstein’s crimes.

“I’ve never been questioned by any government authority,” Epstein’s ex-accountant Richard Kahn said.

He noted that he had received a grand jury subpoena from the Southern District of New York and from the U.S. Virgin Island’s Department of Justice for documents about Epstein’s property.

“Both of the requests were for the same thing. They were asking for Epstein’s estate documents. They wanted to see his will and his 1953 trust,” Kahn said.

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Similarly, Darren Indyke said he had never been asked about Epstein’s dealings.

“Personally, no,” Indyke told the Oversight Committee. “I don’t believe I have.”

When asked if that surprised him, Indyke told investigators he believed it was consistent with the scope of his employment.

“Given my role as a transactional attorney for Mr. Epstein, no,” Indyke said.

Epstein, a former financier with a formidable social circle, died in 2019 while imprisoned on charges of sex trafficking minors. His death, which was ruled a suicide, left behind questions about whether Epstein had facilitated illegal sexual encounters for some of his contacts and prompted public demands for accountability for possible accomplices.

Like many public figures, Kahn and Indyke both appear in the Epstein Files — troves of documents released by the DOJ in compliance with the Epstein Files Transparency Act.

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Their communications in the files do not, on their own, implicate any wrongdoing, and neither does their appearance before the House Oversight Committee.

Their depositions come among a series of other interviews from lawmakers on Capitol Hill. Interviewers have called figures like former President Bill Clinton, former Secretary of State Hillary Clinton, billionaire businessman Les Wexner and Epstein’s accomplice and romantic partner Ghislaine Maxwell to deliver testimony.

So far, none of the subjects interviewed by the Oversight Committee has faced charges for their proximity to Epstein, except for Maxwell. She was convicted in 2022 on charges of exploiting underage girls.

Indyke, the attorney, said he was aware of Epstein’s original 2008 plea deal in Florida, where he admitted to soliciting a minor for prostitution.

“He was adamant that he had no idea that anyone involved was underage and personally assured me that he would never again let himself be in that position. I believed him, and I made the mistake of believing that Mr. Epstein would not again commit a crime,” Indyke said.

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Kahn, Epstein’s accountant, gave a similar statement.

“Epstein told me his 2006 arrest was a mistake, that he did not know the woman was underage, and that nothing like that would happen again,” Kahn said.

“I believed him at the time and never saw what appeared to be a minor in his presence. Had I learned of his horrific behavior, I would have quit work immediately,” Kahn added.

Fox News Digital reached out to Kahn and Indyke for comment.

Former Secretary of State Hillary Clinton is returning next month to New Hampshire, the state that for a century has held the first primary in the race for the White House.

But that doesn’t mean the Democratic Party’s 2016 presidential nominee is looking to make a comeback in 2028.

While a growing number of potential contenders for the next Democratic presidential nomination have made stops in New Hampshire, as well as in South Carolina and Nevada, two other key early primary states, Clinton said in an interview last month she would not run for president again and that the party had a “good bench.”

Instead, Clinton will headline the New Hampshire Democratic Party’s (NHDP) annual spring fundraising dinner. The state party announced the news Thursday and said the gala, the McIntyre-Shaheen 100 Club Dinner, would be held April 25 in Nashua, New Hampshire.

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“Through decades of public service — as first lady, a U.S. senator, and secretary of state — Secretary Clinton has fought tirelessly for women’s rights and been a champion for economic security around the world,” longtime NHDP chair Ray Buckley said. “Her work to expand voting rights, strengthen child and family leave policies and combat global health crises has made a lasting impact both here and abroad.”

Buckley told Fox News Digital Clinton will salute retiring Democratic Sen. Jeanne Shaheen for her 40 years of public service. Shaheen was the first woman in the nation’s history elected both governor and senator.

A spokesperson for Clinton told Fox News Digital the former secretary is excited about returning to New Hampshire.

But not everyone’s happy with Clinton’s return to the key New England swing state.

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Responding to the news, a longtime progressive leader in New Hampshire, who asked to remain anonymous to speak more freely, told Fox News Digital, “Although this may be a good invite to raise money for the party, it is another example of how completely tone-deaf the party is to the need for real change.

“As exemplary as Hillary Clinton’s conduct was with respect to the Epstein congressional subpoena, she’s yesterday’s news, hasn’t offered a new idea in decades and doesn’t serve the needs of building a new Democratic majority in New Hampshire.”

Clinton won the 2008 New Hampshire Democratic presidential primary in her marathon battle against former President Barack Obama for the party’s nomination.

Eight years later, in her second White House bid, she lost the New Hampshire primary in a landslide to progressive champion Bernie Sanders, the senator from neighboring Vermont.

Since her loss to President Donald Trump in the 2016 general election, Clinton has returned twice to New Hampshire. She made a stop in Concord in December 2017 as part of her book tour. And she spoke at Dartmouth College in 2019.

While some on the left take issue with the optics of Clinton’s return to New Hampshire, both the former secretary of state and her husband, former President Bill Clinton, have long been supporters of New Hampshire’s cherished position at the top of the primary calendar.

Lucas Meyer, a New Hampshire-based non-profit leader and former longtime president of the New Hampshire Young Democrats, noted that “a lot of New Hampshire Democrats have a lot of affection and love for Secretary Clinton and for her service to our country.”

And Meyer, a former campaign strategist, emphasized the state party’s fundraising dinner that Clinton is headlining “is about funding the apparatus to run campaigns over the next year. Secretary Clinton has a pretty broad appeal, and since she’s not running, there’s a little more flexibility for her to raise money for the party and to attract donors to cut checks for the state.”

A conservative watchdog group is adding fodder to the debate over whether the American Bar Association has become a politicized institution favoring the left.

A new report released by Trump-aligned lawfare group America First Legal, co-founded by one of the president’s top advisors, Stephen Miller, claims the ABA’s Standing Committee on Amicus Curiae Briefs over the last decade has produced 80% of left-leaning liberal arguments, 20% neutral and zero that are conservatively-aligned. 

Meanwhile, in all six cases the ABA has filed amicus briefs involving Trump, the ABA went against the president or his allies.

President Donald Trump’s second term has included attacks against the ABA, arguing it has politicized its accrediting power and has favored Democratic Party-backed candidates when vetting judicial nominees. The ABA’s size and legacy make it the premier trade association for the legal sector, but some conservatives fear the group’s power is becoming a “monopoly.”

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“The ABA requires that amicus briefs be authorized by its board of governors and must be consistent with existing ABA policy or involve matters of ‘special significance to lawyers or the legal profession,’” a press release from AFL argued. “Briefs on birthright citizenship, transgender healthcare for minors and the Texas heartbeat law fall well outside that mandate.”

According to AFL’s audit, which scanned briefs filed between April 2016 and February 2026, there were a total of 87 filed. Seventy of them “favored a liberal or progressive outcome,” AFL argues, while none it came across were “conservative-aligned,” the group added. The remaining covered what AFL described as neutral issues, such as a patent law case.

“The ABA does not categorize its amicus briefs as conservative or liberal but base them on the law. The ABA files amicus briefs that take positions that reflect official ABA policy that has been debated and adopted by the House of Delegates,” the ABA told Fox News Digital.

“The House is the ABA’s policy-making body comprising hundreds of delegates from state bars across the country and a wide range of ABA subject-matter entities and adopts policy only after engaging in a deliberative and representative process. Throughout it all, defending the rule of law is our North Star. “

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The audit also found in cases where Trump, or a Trump official, was named, and the ABA filed an amicus brief, they argued every time in the direction contrary to the Trump official or Trump himself.

“The ABA presents its amicus program as advancing the interests of the legal profession and the rule of law,” said Gene Hamilton, president of America First Legal.

“The data tells a different story,” Hamilton continued. “More than four in five briefs push a progressive agenda, immigration advocacy has become the program’s dominant focus and the organization has not once — in ten years and across two Trump administrations — filed a brief that could be characterized as supportive of a conservative legal position. The ABA is not a neutral arbiter and should be treated no differently than any other liberal advocacy group.”

In President Trump’s second term, the Trump administration has taken several steps to push back against what it says is bias at the ABA. In February 2025, Federal Trade Commission Chairman Andrew Ferguson announced a new policy prohibiting FTC political appointees from holding leadership roles in the American Bar Association (ABA), participating in ABA events or renewing their ABA memberships. 

That early action was also followed by several others, such as a May letter to the ABA’s president from Attorney General Pam Bondi indicating the Department of Justice would no longer be engaging in its traditional partnership related to vetting judicial nominees, citing “refusal to fix the bias in its ratings process, despite criticism.”

In April, Trump signed an executive order that singled out the ABA and other powerful accrediting groups, warning that anyone engaging in unlawful discrimination would be refused federal recognition.

EXCLUSIVE: Michael Carbonara, a Republican running in the Sunshine State as a political disruptor to unseat longtime Democratic incumbent Rep. Debbie Wasserman Schultz, is pitching an idea to reduce the crippling student loan debt crisis facing the country without shifting the burden to taxpayers.

In an interview with Fox News Digital, Carbonara lamented that as America marks its 250th anniversary, “the idea of the American dream has been slipping away” for many young Americans.

He criticized Democrats for promoting affordability while proposing solutions that amount to increased taxes.

“This is the first time where the next generation actually has less opportunity and less freedom than their parents in America’s 250-year history,” he said. “Rather than just tax and tax and tax, which people are tired of, I want to put more money back into the pocket of every American, so life is affordable.”

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Instead of shifting responsibility to taxpayers, Carbonara blames government subsidies as the “root cause” of rising college costs. A fintech mogul and business leader who also hosts a podcast, he said government subsidies allowed schools to raise prices, making college unaffordable.

“There’s no reason that students need to pay $50,000 a year for an education and wind up with a lifetime of debt that they have to chase every year to pay off,” he said, noting, “That’s not what we want. We want people to be able to go to school, get married, have a good-paying job so they can afford to have a family.”

Carbonara said this is one of the top issues voters voice to him on the campaign trail.

“I don’t just hear from young Americans, I hear from everyone,” he explained.

“The average age of first-time home ownership is now over 40 years old, when 20, 30 years ago, it was below 30 years old,” he went on. “Let’s face it, nobody wants to get married to have kids when you live in a 700-square-foot condo in South Florida.”

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However, unlike former President Joe Biden’s student loan forgiveness plan, which would have put taxpayers on the hook, Carbonara said addressing government subsidies would place the responsibility on universities.

“The idea of forgiveness, we have to throw that idea out, there’s no forgiveness here,” he said. 

“It’s the university’s responsibility to step up to fix the dilemma. And we need to put together these programs for the universities to be able to fix it because again, they were the ones that received all the funding, all the tuition payments that were guaranteed by the government. So, since they benefited, it’s their responsibility to fix the issues.”

If elected, Carbonara believes he could work on both sides of the aisle to bring a bipartisan solution to the student loan crisis.

“People recognize this is a real crisis,” he said, adding, “This is going to take hard work, and it’s going to require responsibility from both students and, obviously, members of Congress.”

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Ultimately, Carbonara said that with the American dream spiraling out of reach for many, “we’ve come to a crossroads.”

“Do we go to the socialism route… or do we go the route of freedom where we can create opportunity and give people the tools to be self-determined and be able to be prosperous and make their own decisions in life?” he asked.

“That’s the path we need to go to. We need to return to our core values of America that made our country great and give the American freedom and the American dream opportunity back to everyone.”

Senate Democrats blocked an amendment to Trump-backed voter ID legislation that would have done something they publicly support and require photo identification to vote in federal elections.

Democrats, including Senate Minority Leader Chuck Schumer, D-N.Y., have shown interest in photo voter ID, which has grown in popularity among voters across the country.

“Democrats support voter ID,” Schumer said on a press call earlier this month. “In fact, we included it, and it is included, in our Freedom to Vote legislation several years ago.”

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Several others have also come out in support of a voter ID bill in recent weeks.

When asked by CNN’s Kaitlan Collins whether he would support a clean voter ID bill, Sen. Cory Booker, D-N.J., said, “Yes.”

“And New Jersey has voter ID laws,” Booker said. “I’ve got to show my driver’s license.”

Still, Democrats blocked an amendment to the Safeguarding American Voter Eligibility (SAVE) America Act from Sen. Jon Husted, R-Ohio, meant to put them on record for that position.

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Schumer said ahead of the vote that “Republicans are once again wasting time on voter suppression.” 

“Let’s let’s be very clear what this amendment is,” Schumer said. “It’s a wolf in sheep’s clothing, and it’s a giant cover-up to what their bill really does, which is dramatic voter suppression, kicking 20 million or more people off the rolls without their knowledge or consent.”

Senate Republicans argued that if Democrats truly support voter ID, they should back the amendment.

“That is one on which the Democrats have said — Sen. Schumer himself — that ‘we are not opposed to photo ID,’” Senate Majority Leader John Thune, R-S.D., said. “Well, let’s test that proposition. Let’s actually have a vote on it and see where the Democrats are.”

Republicans have been engaged in a floor push on the SAVE America Act for the past 10 days, debating the legislation in a bid to shift the narrative from the GOP being unable to advance the bill out of the Senate to Democrats being the ones blocking it.

Senate Democrats have argued that while they support identification to vote, the SAVE America Act goes far beyond that requirement. Schumer and others have likened the broader bill to Jim Crow-era segregationist laws in the Deep South, saying it would disenfranchise voters, particularly minority communities and low-income Americans.

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However, requiring identification is already the practice in 36 states. Of those, 23 require photo ID, while 13 accept another form of identification, such as a bank statement. Nine of those states have Democratic senators.

According to a widely cited Pew Research poll from last year, 71% of Democratic voters support showing government-issued photo ID to vote.

“I know there are a lot of issues in the SAVE America Act, but this particular one focused on photo ID as something that can be easily implemented, which is already being implemented around the country,” Husted said of his amendment.

Senate Democrats blocked the measure once before, when Husted tried to force a vote on a standalone photo voter ID bill last week. His amendment listed several acceptable forms of identification, including an unexpired driver’s license with a photo, an unexpired state-issued ID card with a photo, a valid passport, a valid military or veteran ID with a photo or an unexpired tribal ID with a photo.

Sen. John Fetterman, D-Pa., who typically breaks with his party, stood alongside Schumer and his colleagues on Thursday. Like other Democrats, he has opposed the SAVE America Act because of its additional provisions, such as giving the Department of Homeland Security access to states’ voter rolls.

But he recently said, “If the GOP wants real reform over a show vote, put out a clean, standalone bill, and I’m AYE.”

Elon Musk’s attorney is urging a federal judge to scrutinize a recent jury verdict that found Musk liable for misleading investors, arguing that the panel’s decision was compromised by bias and even “mocked” the judicial process. 

“Mr. Musk came into this trial concerned that he could not have a fair trial decided by an impartial jury, that he would be deprived of the counsel of his choice, and that he could not present the full testimony of one of the key witnesses to his defense,” Musk’s lawyer, Alex Spiro, wrote in a letter sent to U.S. District Judge Charles R. Breyer, the judge presiding over the case. “Unfortunately, and as evidenced by the record and expressed on the jury’s verdict form, each of those fears were realized.”

A jury this month found Musk had misled investors in his 2022 effort to purchase Twitter — now known as ‘X’ — in a lawsuit that focused on allegations that he had misrepresented impacted stock prices. 

Spiro argued that the jury’s conduct raises “a serious issue” about whether Musk received a fair trial — citing what he described as a deliberate and symbolic use of the number 420 — one that he argued has been long associated with Musk — in the verdict form.

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Musk has repeatedly leaned into internet jokes and references to the “420” number, long associated with marijuana culture. The SEC in 2018 accused Musk of choosing a $420 price point for Tesla shares because it was a reference to pot, which Musk described as “unjustified.”

Spiro noted in the letter that the jury had “emphasized” the $4.20 figure in blue ink and larger font, and described it as a “numerical joke” meant to “send a message” to Musk, in his view, rather than reflect a neutral application of the law. 

He also argued that presentation of the damages number, which stood out from other figures on the form, further underscored his concerns that the verdict was influenced by “bias,” rather than by evidence.

The filing from Spiro comes amid a broader push from Musk’s legal team to make the case that their client was denied a fair trial. He also cited alleged widespread juror hostility and what he described as misconduct by opposing counsel, as well as procedural decisions that limited Musk’s ability to present key testimony.

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According to Spiro, juror questionnaires revealed “deep” negative views of Musk, and the court was unable to fully screen out biased jurors due to the prevalence of those opinions. He also claimed opposing counsel engaged in “gamesmanship” that sidelined him from a central trial role and introduced prejudicial arguments unrelated to the core claims.

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Despite those concerns, jurors in the case rejected the plaintiffs’ primary allegation — that Musk had orchestrated a deliberate scheme to manipulate Twitter’s stock price during his acquisition effort in 2022. Jurors did, however, still find Musk liable on a narrower issue, stemming from statements he made about the status of the deal.

Spiro, for his part, argued the mixed outcome further underscores the problem — suggesting the liability finding was driven less by the evidence and more by a desire to penalize Musk personally.

“The inescapable conclusion,” he wrote, is that the jury used its verdict to express views about Musk rather than to apply the law impartially.

The court has not yet ruled on the claims, though the filing in question could set up further legal challenges to the verdict, including potential efforts to overturn or revisit the outcome.

This article is part of “Unaffordable America,” a series examining rising economic inequality in the U.S. and the policies that drive it.

How’s the economy?

Not bad if you’re rich.

Demand for luxury yachts and private jets is surging thanks to last year’s tax law. Sales of $10 million-plus mansions are booming as stocks hit new highs. And the wealthy and powerful will get to enjoy a new ballroom for galas at the White House.

What if you aren’t rich?

The typical American can’t afford the median-priced home. A new car is out of reach for many, with the average monthly payment exceeding $700. Food banks are seeing a growing number of people skipping meals because they can’t afford groceries, and more middle-class Americans are selling their plasma to make ends meet.

The divide between rich and poor in America is the widest it’s been in at least a generation — and growing. The amount of wealth held by the top 1% increased at more than double the rate of the bottom 90% in the first nine months of last year, according to Federal Reserve figures. At the very top, Elon Musk’s fortune is approaching that of legendary 19th-century businessman John D. Rockefeller when looked at as a share of the overall U.S. economy.

A variety of factors have shaped the struggles of everyday Americans and fueled the gains of the wealthy: The pandemic disrupted the housing market, making it harder to afford a home. Stocks have surged, driven by enthusiasm over AI. Manufacturing has waned, hiring has slipped and costs continue to rise.

President Donald Trump’s policies are amplifying these trends. One year into his second term, his administration has cut programs helping lower-income households while advancing policies benefiting the wealthy and corporations. He’s signed legislation to cut food stamps and Medicaid benefits and put new restrictions on low-income housing assistance and student loans. To cope with higher costs from tariffs, he has suggested Americans buy fewer dolls for their children.

Meanwhile, the Trump administration has given billions of dollars in tax cuts to corporations and the wealthy and loosened regulations on banks while easing rules around cryptocurrency, which he’s benefited from personally.

“Donald Trump talks a lot about the working class, his MAGA base is primarily working class, but if you look at the data, the working class is doing very badly in the second Trump administration,” said Robert Reich, a professor emeritus at the University of California, Berkeley, who led the Labor Department during the Clinton administration. “The real growth in the second Trump administration has been in corporate profits and in the wealth of the people at the top.”

Trump has defended his economic record, referring to concerns over affordability as a hoax and blaming weakness in the economy on Democrats. He’s dismissed numerous polls showing increasing economic anxiety, saying in his State of the Union address in February that he has ushered in a “golden age of America.” As evidence, he cited rising 401(k) balances, a drop in mortgage rates and lower gas prices — though gas prices have since spiked after his attacks on Iran disrupted the global flow of oil. The S&P 500, fueled by an AI boom, grew around 13% during the first year of his second term.

Trump’s allies argue that, while it may take time, all Americans will benefit from last summer’s tax cuts, with the average refund rising by around $1,000 this year, according to data cited by the White House. They also say that Trump’s still-evolving tariffs will eventually boost U.S. manufacturing jobs, which declined last year, noting announcements by foreign governments and corporations about plans to invest in the U.S.

A White House official also pointed to signs of improvement, including a lower rate of inflation than in the past several years and wages that are rising faster than inflation.

Some economists, including those who have served in past Republican administrations, have questioned whether those improvements will be enough to offset pressures elsewhere in the economy, including from a slowing job market, which shed 92,000 jobs in February across a broad range of industries.

For “Unaffordable America,” a yearlong series on the causes and effects of rising economic inequality, NBC News asked readers how they were faring and heard from hundreds of people. In interviews and written responses, many described struggling to find a job and afford higher food prices and health care costs, while others said they were benefiting from gains in the stock market and lower interest rates.

The clock that was ticking toward a dramatic new escalation in the Iran war may now be counting down to a deal that would end it.

That’s the latest stunning turn of events delivered by President Donald Trump’s social media account.

Trump announced Monday that he was postponing his threatened military strikes against Iranian power plants for at least five days, hours ahead of his deadline for Tehran to reopen the crucial Strait of Hormuz shipping route.

He said the U.S. and Iran were in “productive” talks toward a “complete and total” resolution of the war, though Tehran denied any direct talks.

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Now in its fourth week, the conflict has consumed the Middle East, pushed up the prices of energy and food and threatened the global economy with a far-reaching crisis.

Trump’s reversal delays what many feared would be a significant new escalation for civilians across the region.

Iran’s Foreign Affairs Ministry appeared to counter Trump’s version of events, though, saying in a statement published by the semiofficial news agency Mehr News that there was “no dialogue between Tehran and Washington.”

It said Trump’s delay was “part of efforts to reduce energy prices and buy time to implement his military plans” but acknowledged “there are initiatives from regional countries to reduce tensions.” Iranian state media said Trump had “backed down” after Iran vowed swift retaliation for any attacks on its energy infrastructure.