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Added on the 02/11/2016 14:08:12 - Copyright : Reuters EN
On Wednesday morning Pres.Donald Trump tweeted his anger at Senate Majority Leader Mitch McConnell. What did McConnell do to anger Trump? He congradulated President-elect Joe Biden after the Electoral College confirmed his election victory. "Too soon to give up." "Republican party must finally learn to fight. People are angry!" Business Insider reports that Trump's claims that he won the election have no basis in fact. He has repeatedly failed in his attempts to challenge the results in court.
The Supreme Court on Tuesday rejected a request to overturn President-elect Joe Biden's victory in Pennsylvania. According to Business Insider, the request was put forth by a group of Republican state legislators, led by US Rep. Mike Kelly. They asked the court for an emergency order nullifying Biden's win, claiming the state legislature did not have the power to expand mail-in voting. It's yet another defeat among dozens of the Trump campaign's ongoing attempts to keep Trump in office for a second term. Battleground states Pennsylvania, Michigan, Georgia, Nevada, Arizona, and Wisconsin have all certified their results as of last week. Tuesday is also the "safe harbor" deadline by which all 50 states have to certify their results and resolve any legal disputes surrounding the results.
The Trump campaign's efforts to overturn the election results are widely seen by Wall Street as a desperate sideshow destined to fail. But CNN reports JPMorgan is telling clients, 'Not so fast.' After all, this is 2020. According to CNN, JPMorgan Asset Management's Michael Cembalest says there's still a chance that this process could descend into chaos. The chairman of market and investment strategy warned in a report Wednesday of the "remote risk of an American horror story" and "constitutional mayhem." The Market and Investment Strategy chairman pointed to President Donald Trump's Tuesday night firing of the top US election security official. He also noted Attorney General William Barr's decision to authorize prosecutors to probe alleged voter fraud. Bottom line: a LOT of very unorthodox things have to happen for Trump to be reelected. Even so, I'm not ruling anything out. Michael Cembalest Chairmain, Market and Investment Strategy, JPMorgan Asset Management
President Donald Trump has vowed to fight the outcome of the election that left opponent Joe Biden as president-elect. He's deployed a team of lawyers to fight election results in several states, insisting widespread voter fraud was at play and that the election was 'stolen' from him. Now, Business Insider reports the head of Trump's legal team has tested positive for the novel coronavirus, COVID-19. David Bossie tested positive on Sunday. Bossie is not a lawyer but is a frequent contributor to Fox News. Several others in Trump's inner circle have also recently caught COVID-19, including HUD Secretary Dr. Ben Carson and White House chief of staff Mark Meadows.
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