Frank Carone, who stepped down as Mayor Eric Adams’s chief of staff in December, has found work with two commercial real estate titans, including one seeking a casino.
Tag Archives: Conflicts of Interest
How Public Money Goes to Support a Hasidic Village’s Private Schools
Created for a New York Hasidic group in 1989, the Kiryas Joel Village Union Free School District has directed millions of dollars to the community’s network of private schools.
The Blurred Lines Between Goldman C.E.O.’s Day Job and His D.J. Gig
David Solomon brushes off D.J.ing as a minor hobby that has little to do with his work at the bank, but his activities may pose potential conflicts of interest.
At the Supreme Court, Ethics Questions Over a Spouse’s Business Ties
The chief justice’s wife, Jane Sullivan Roberts, has made millions in her career recruiting lawyers to prominent law firms, some of which have business before the court. Now, a letter sent to Congress claims that may present a conflict of interest.
Trump Tax Returns Undermine His Image as a Successful Entrepreneur
The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets.
Trump Tax Returns Released by House Democrats
The publication of former President Donald J. Trump’s private tax documents comes amid questions about why the I.R.S. failed to fully audit him during his presidency.
Release of Trump Tax Returns Could Herald New Era for Taxpayer Privacy
Revealing private documents risks a tit for tat with Republicans set to retake control of the House of Representatives.
Sam Bankman-Fried Blames ‘Huge Management Failures’ for FTX Collapse
Mr. Bankman-Fried spoke at The New York Times’s DealBook conference, in his first public appearance since his crypto exchange imploded.
Trump Family’s Newest Partners: Middle Eastern Governments
The government of Oman is a partner in a real estate deal signed last week by the former president, intensifying questions about a potential conflict as he seeks the White House again.
Trump Inquiries Remain Politically Charged, Despite Special Counsel
The appointment of an independent investigator is meant to address the perception of conflict of interest. But the system no longer seems adequate in this polarized political moment.
How Alameda, FTX’s Sister Firm, Brought the Crypto Exchange Down
Alameda Research was Sam Bankman-Fried’s first company. He built FTX partly to help Alameda’s trading business. Then things got out of control.
Documents Detail Foreign Government Spending at Trump Hotel
Six nations spent lavishly at the hotel during periods when they were seeking to influence the Trump administration, according to a breakdown released by the House Oversight Committee.
He’s an Outspoken Defender of Meat. Industry Funds His Research, Files Show.
A UC Davis professor runs an academic center that was conceived by a trade group, according to records, and gets most of its funding from farming interests.
For Rishi Sunak, Family Wealth From Outsourcing Adds to a Secretive Fortune
Britain’s new prime minister married into an $800 million stake in Infosys, a company that does not fit neatly into his party’s views on immigration.
Democrats Raise Questions About Mnuchin’s Deals in Persian Gulf
The speed of the former Treasury secretary’s shift to raising money for his private investment fund after leaving office was cited by two lawmakers, who said they had “serious concerns.”
Trump Hotels Charged Secret Service Exorbitant Rates, House Inquiry Finds
Records obtained by the House Oversight Committee showed the former president’s properties charged more than $1.4 million to agents protecting him and his family.
Where Red and Blue Make Green
Part of the resistance or part of the problem? It doesn’t matter: These lawyers are part of the gang.
Trump’s Former Accounting Firm Turns Over Documents to Congress
Mazars USA delivered an initial set of documents related to the former president’s finances to the House Oversight Committee as part of a settlement.
Profiting in Congress
Dozens of lawmakers trade stocks related to their work, and it’s harming trust in the government.
Pelosi Says Bill on Investing Rules for Lawmakers Will Face Vote This Month
The House will take up legislation intended to curb stock trades by members of Congress that can create real or perceived conflicts of interest.
Gov. Kathy Hochul Seeks Donations From Cuomo Appointees
Gov. Kathy Hochul’s campaign says contributions from board and commission members and their families are fair game because she did not appoint them.
Eric Adams After Dark: A Private Table and Tarnished Friends
New York’s mayor vowed to boost nightlife establishments in every corner of the city. But again and again, he returns to the same spot, run by friends with troubled pasts.
F.D.A. Tobacco Science Official Takes Job at Philip Morris
The agency official headed an office that plays a key role in deciding whether to approve e-cigarettes and other products aimed at reducing smoking.
Officials Balked at a Drug Company’s Tax Shelter. Auditors Approved It Anyway.
Court documents show the potential conflicts of interest when accounting firms simultaneously help clients avoid taxes and audit their finances.
Why Judges Keep Recusing Themselves From a N.Y.C. Vaccine Mandate Case
The city’s teachers, who sued over vaccine requirements, said the judges assigned to the case owned thousands of dollars of Covid-19 vaccine-maker stock, which could affect their rulings.
Eric Adams Still Partially Owns Brooklyn Co-Op, According to Records
Mayor Eric Adams has said that he no longer owns a Brooklyn co-op, despite public records to the contrary. But in public filings, he acknowledged ownership.
A Trooper’s Lethal Force Was Justified by His Boss’s Wife: The Prosecutor
A Pennsylvania district attorney is married to the former supervisor of Jay Splain, a state trooper responsible for four deadly shootings over the past 15 years.
As Adams Praised a New Police Tool, a Close Ally Had a Stake in the Maker
Mayor Eric Adams and his chief of staff, Frank Carone, say Mr. Adams’s endorsement of BolaWrap was entirely coincidental.
Trump Completes Sale of Washington Hotel to Investor Group
The favored gathering place of Trump supporters — and a magnet for conflict of interest questions — will become a Waldorf Astoria.
Trump Settles Suit Over Payments to Hotel for 2017 Inauguration
The lawsuit brought by the attorney general in Washington, D.C., claimed that the Trump hotel accepted excessive payments from the inaugural committee.
Congress Has to Ask How Much McKinsey Hurt the F.D.A.
Three critical questions to secure F.D.A. integrity.
Crime Stoppers of Houston Takes a Partisan Turn
Crime Stoppers of Houston built its reputation on a successful tip line. Then it decided to take on Democratic judges.
Trump Hotel Sale in Washington Will End an Era
The $375 million sale of a Washington hotel that served as an influence and access bazaar for lawmakers, administration officials and other Trump allies is slated to be finalized this month.
McKinsey Opened a Door in Its Firewall Between Pharma Clients and Regulators
The firm let consultants advise both drugmakers and their government overseers, internal records show. “Who we know and what we know” was part of their pitch.
Before Giving Billions to Jared Kushner, Saudi Investment Fund Had Big Doubts
Before it committed $2 billion to Mr. Kushner’s firm, Public Investment Fund officials questioned the justification for taking such a big risk.
Trump Officials Failed to Provide Accounting of Foreign Gifts
The State Department could not compile a list of gifts for 2020, making it difficult to determine whether officials did anything improper.
Ginni Thomas’s Texts, and the Limits of Chief Justice Roberts’s Power
His title notwithstanding, the chief justice cannot force a colleague’s recusal. If Justice Clarence Thomas is to disqualify himself, it will be his decision.
Senator Joe Manchin’s Conflict of Interest
How the West Virginia lawmaker intervened on behalf of a coal plant, and earned millions along the way.
How Joe Manchin Aided Coal, and Earned Millions
At every step of his political career, Joe Manchin helped a West Virginia power plant that is the sole customer of his private coal business. Along the way, he blocked ambitious climate action.
Justice Thomas Ruled on Election Cases. Should His Wife’s Texts Have Stopped Him?
The nature of the text messages was enough to require recusal, legal experts said. But the Supreme Court has traditionally left such decisions to the discretion of the justice in question.
Shelter Operator Cited for Nepotism Still Gets Millions in City Funds
New York officials found misspending by African American Planning Commission, which runs homeless shelters, but public money continued to flow.
Selling Trump: A Profitable Post-Presidency Like No Other
Much as he did while in the White House, Donald Trump has thoroughly blurred the lines between his political ambitions and his business interests, with a wide-ranging set of moneymaking ventures.
Should You Manage Your Own Stock Portfolio?
Stocks are swinging all over the place. It’s a good time to take your hands off the wheel — here’s how to let go.
In North Carolina, a Pitched Battle Over Gerrymanders and Justices
A fight over who is fit to hear a redistricting case highlights what experts say is the growing influence of ideology and money over state supreme courts nationwide.
Eric Adams Can Hire His Brother, but at Salary of $1, Not $210,000
Instead of overseeing the mayor’s security detail, Bernard Adams will be a senior adviser to the mayor with no supervisory role after an ethics board ruling.
What Eric Adams’s Hires Say About Him: Loyalty Comes First
Mr. Adams, who has brought a number of close allies into City Hall, says he is subject to greater scrutiny over hiring than his predecessors faced.
Silvio Berlusconi Angles for Italy’s Presidency, Bunga Bunga and All
The billionaire former prime minister is working hard to persuade lawmakers to vote for him next week, despite an unusual résumé for a job resting on moral authority.
Eric Adams Cuts His Brother’s Duties After Giving Him Top Police Job
Amid concerns of nepotism, Bernard Adams will be executive director of mayoral security, not deputy police commissioner. He will earn $210,000.
A Fed Official’s 2020 Trade Drew Outcry. It Went Further Than First Disclosed.
Corrected disclosures show that Vice Chair Richard H. Clarida sold a stock fund, then swiftly repurchased it before a big Fed announcement.
Louisiana Judge Who Used Racial Slur in Video Resigns
Michelle Odinet, of the City Court of Lafayette, La., resigned on Friday, saying in a letter that “my words did not foster the public’s confidence and integrity for the judiciary.”