News about Richard Painter

Following a string of reports that donors were showering justices with undisclosed gifts and lucrative real estate deals, the Supreme Court published an ethics code on Monday in an attempt to ensure public confidence is bolstered. The nine justices argued that they had been bound by ethics for long, and that the most recent criticism was due to'misunderstanding' rather than missteps by them. 'We're issuing this code, which in large part represents a codification of rules that we've long understood as governing our conduct,' they said.

After a bombshell investigation was revealed by Congress today, ex-White House ethics lawyer Richard Painter is requesting that Joe Biden release proof of a $200,000 loan to his brother. The House Oversight Committee received evidence on Friday that the President's brother James Biden received a $200,000 loan from a healthcare company he was working with in March 2018 - and the same day wrote a check for the same amount to Joe, marking it as a "loan repayment." It's the first indication of significant direct payments from Biden family members involved in shady overseas deals, and it was obtained by a congressional subpoena of James and First Son Hunter Biden's bank information.

For the first time as he spoke out against racial profiling he claims he suffered, an Asian-American teenager who could help end affirmative action was captured. Jonathan Wang, 18, achieved a 1590 on his SAT and a 4.65 high school grade point average, but six top schools refused him. He is one of the plaintiffs in a Supreme Court lawsuit aiming to end the procedure after being found to discriminate against high-performing Asian Americans. The Supreme Court announced in January that it would hear protests from anti-affirmative action group Students For Fair Admissions, which claims that Harvard University, a private university, and the University of North Carolina, a state school, discriminate against Asian American applicants. According to the lawsuits, affirmative action - policies that are designed to help members of historically marginalized groups - gives an edge to African Americans, Hispanics, and Native Americans over Asian students. A move against the schools could result in the demise of the program and the complete disregard of race in college admissions. Wang has sued a public and private college in the hopes of seeing the procedure be outlawed at all universities around the country.

In just three days after the fall of Silicon Valley Bank, Charles Schwab, a major Republican donor with a $30 million estate and a granddaughter with a cushy job in the Trump White House, lost a whopping $3 billion from his personal fortune. Investors were concerned that the eponymously named bank, the eighth-largest bank in the United States, would face the same fate as the Santa Clara-based failed financial institution due to its propensity for large bond holdings with long maturities. They feared that the bank would have to sell those funds at a loss in order to make up for a flurry of withdrawals. However, executives at the company are attempting to reassure the public that it is safe, since it has a lot of liquidity and a majority of its customer deposits fall below the Federal Deposit Insurance Corporation's $250,000 insurance maximum.

Joe Biden's White House lawyers' 'inappropriate' discussion of his finances with his son Hunter was slammed by a former White House ethics official. Joe's official White House counsel wrote to Hunter Biden and his business partner Eric Schwerin in 2010 to discuss an IRS audit letter regarding the VP's 2008 tax return, according to DailyMail.com. Richard Painter, the chief White House ethics counsel in the Bush administration from 2005 to 2007, said it was inappropriate for White House lawyers to call family members of the vice president about his taxes. The then-Counsel to Vice President Cynthia Hogan would have reason to write to Hunter about Joe's taxes 'only if the son is doing business with the vice president,' according to the painter.'