PIAC News ✔️

[ad_1] On the heels of his disastrous interview with Sean Hannity , Rudy Giuliani did another with The Washington Post . This one got somewhat less attention, but was just as problematic for his client. The most important thing for Giuliani to establish is that Michael Cohen’s payment to Stormy Daniels was not a campaign contribution. But in the Washington Post interview, Giuliani provided more evidence to the contrary. Giuliani told a muddled story about the payment to Daniels. While he repeatedly insisted that that money ultimately came from Trump’s “personal funds” and that Cohen and Trump “never considered this a campaign payment,” at another point he admits that he’s doesn’t know if Trump “distinguished it from other things Cohen might have done for him during the campaign… I don’t know that he distinguished it from other expenses that Cohen had for which he had to be reimbursed.” By acknowledging that Trump lumped the expense with other explicitly campaign-related expenses, ...

[ad_1] The reason for two American carriers to need approval? T-Mobile, which is acquiring Sprint, is controlled by Deutsche Telekom of Germany. Sprint is mostly owned by SoftBank of Japan. Deutsche Telekom and SoftBank had to undergo reviews by Cfius when they bought control of their respective American wireless providers years ago, which suggests that any transfer of assets between the two now would pass muster. But the Trump administration has recently taken a harder stance on foreign-owned acquisitions. It pre-emptively blocked Broadcom’s hostile bid for the chip maker Qualcomm . While Broadcom is based in Singapore, and had announced that it would relocate to the United States, the logic was that any change at Qualcomm could hamper its ability to help build out the next-generation wireless network, known as 5G, in the United States. The administration has also said it might consider nationalizing the 5G network, underscoring the sensitivity of the technology that underlies...