Categories: Market Overview

Trump pardons Steve Bannon, Elliott Broidy, dozens of others, on last night in White House

President Donald Trump issued dozens of pardons on his last night in the White House, including one to his former campaign chief and ex-White House advisor Steve Bannon. Others who received pardons from Trump included the major Republican fundraiser Eliott Broidy, who pleaded guilty last fall to acting as an unregistered foreign agent, ex-Detroit mayor Kwame Kilpatrick, who has been serving a 28-year prison sentence for fraud charges, and the rapper Lil Wayne, who pleaded guilty to a weapons charge last month.

In all, Trump granted pardons to 73 people, and commuted the criminal sentences of 70 other people, in what are likely to be his last acts of executive clemency as president. Trump did not issue a pardon to himself, or to any of his adult children, despite speculation he would do so despite the lack of any pending federal criminal charges against any of them. The pardons were the third big groups of grants of executive clemency issued by Trump since his election loss in November to Joe Biden, who is set to be inaugurated as president middday Wednesday.

In December, Trump pardoned a rogue’s gallery of felons connected to him, including his former campaign manager Paul Manafort, Republican political operative and longtime Trump friend Roger Stone, his daughter Ivanka’s father-in-law Charles Kushner, and former campaign advisor George Papadopoulos. Others granted pardons by Trump last month were four former Blackwater USA guards convicted of killing 14 unarmed Iraqi civilians in 2007, disgraced ex-GOP congressmen Duncan Hunter and Chris Collins, and Philips Esformes, a Florida health-care facility owner convicted of what prosecutors have said was the biggest health-care fraud ever charged by the Department of Justice.

Trump pardons Steve Bannon, Elliott Broidy, dozens of others, on last night in White House, CNBC, Jan 20

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

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