Bloomberg Daybreak: US Edition Trump Legal Setback; Traders Prep for Fed Rate Decision
Dec 17, 2024
Donald Trump faces a significant legal setback as a judge rejects his appeal regarding a hush money case. Meanwhile, stocks dip ahead of the Federal Reserve's crucial rate decision. In an unexpected twist, Ukraine claims responsibility for the assassination of a high-ranking Russian general, signaling potential escalation in the ongoing conflict. The discussion also encompasses pressing political events, economic challenges, and the intersection of legal troubles with current affairs.
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Trump's Legal Setback
- Donald Trump failed to overturn his hush-money conviction on presidential immunity grounds.
- The New York judge rejected Trump's argument citing a July Supreme Court decision.
Trump on Ukraine
- Trump urged Ukraine to negotiate a deal with Russia to end the invasion.
- Shortly after, Ukraine claimed responsibility for assassinating a Russian general in Moscow.
Drone Sightings
- The White House is downplaying concerns over drone sightings, attributing them to legal civilian activity.
- Trump countered, suggesting they know more and his golf course might be a target.