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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Jessica Weisman-Pitts

    Posted on June 13, 2022

    Featured image for article about Top Stories

    By Patricia Zengerle and Richard Cowan

    WASHINGTON(Reuters) – Top advisers to then-President Trump told him that his claims of widespread election fraud were not legitimate and would not reverse his election loss, according to video testimony aired on Monday by the committee investigating the Jan. 6, 2021, riot at the U.S. Capitol.

    The Democratic-led House of Representatives panel made the case that Trump decided to claim that the 2020 presidential election was “stolen” from him even though many of his staffers said that Democrat Joe Biden had won more votes.

    “He and his closest advisors knew those claims were false, but they continued to peddle them anyway, right up until the moments before a mob of Trump supporters attacked the Capitol,” Democratic Representative Zoe Lofgren told the panel in its second hearing.

    In video testimony, Trump’s former Attorney General William Barr bluntly dismissed claims of fraud as “bullshit” and “crazy stuff.”

    “If he really believes this stuff, he’s become detached from reality,” Barr said.

    Trump has denied wrongdoing, and has repeatedly insisted that he did not lose, dismissing the Select Committee investigation as a political witchhunt.

    The hearing was delayed for about 45 minutes after William Stepien, Trump’s campaign manager in the final few months of the White House race, pulled out at the last minute, citing a family emergency as he wife went into labor.

    The committee aired video footage of Stepien’s testimony to investigators instead, along with footage from other close Trump aides – including his daughter Ivanka – describing events on Election Day when Trump was told that it was too early to declare victory.

    “It was becoming clear that the race would not be called on election night,” Ivanka Trump said.

    Stepien said his recommendation was for Trump to say votes were still being counted, it was too early to call the election, but he was proud of the race he had run.

    Matthew Morgan, chief lawyer of Trump’s campaign, said in video testimony that any claims of fraud would not change the outcome of election.

    ‘NO LEGITIMATE ARGUMENT’

    The panel is holding the hearings to discuss initial findings of its nearly year-long investigation into the events of Jan. 6, when thousands of Trump supporters attacked the Capitol as Vice President Mike Pence and lawmakers met to certify Biden’s victory.

    “The Trump campaign legal team knew there was no legitimate argument for fraud, irregularities or anything to overturn the election,” Republican Representative Liz Cheney, the panel’s vice chairperson, said.

    Monday’s session followed a blockbuster hearing on Thursday night featuring testimony showing that close Trump allies – even Ivanka – rejected his false claims of voting fraud. Nearly 20 million Americans watched the unusual hearing aired in the primetime peak television viewing hours.

    Trump has denied wrongdoing and he and his supporters dismiss the Democratic-led Select Committee as a political witchhunt. Democrats call it a necessary investigation into a terrible and deadly event and say House of Representatives Speaker Nancy Pelosi wanted a bipartisan independent commission but Republicans refused.

    Chris Stirewalt, a former political editor at Fox News, described the network’s early call that Trump had lost the swing state of Arizona, which witnesses said angered Trump’s team.

    Witnesses scheduled to testify in the hearing room later on Monday included conservative Republican election attorney Ben Ginsberg, Byung J. “BJay” Pak, who resigned as U.S. attorney in Atlanta as Trump’s camp questioned Georgia’s election results, and Al Schmidt, the only Republican on Philadelphia’s elections board who became a target of attacks after he defended the integrity of the 2020 vote.

    Georgia and Pennsylvania were among states that backed Trump in the 2016 election, but went for Biden in 2020. They have been a focus of the unfounded assertions of election fraud.

    Four people died the day of the attack, one fatally shot by police and the others of natural causes. Some 140 police officers were injured, and one died the next day. Four officers later died by suicide.

    Nearly 850 people have been arrested for crimes related to the riot, including more than 250 charged with assaulting or impeding law enforcement.

    (Reporting by Patricia Zengerle and Richard Cowan, additional reporting by Doina Chiacu and Susan Heavey; editing by Andy Sullivan and Alistair Bell)

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