Stocks eyed a rebound Wednesday, with the blue-chip Dow looking to snap its longest losing streak since 1978
A federal grand jury in Washington has returned an indictment against former Congressman David Rivera for failing to register as a foreign agent of a sanctioned Venezuelan media tycoon on whose behalf the Miami Republican allegedly lobbied the Trump administration. The indictment is the second set of criminal charges to examine Rivera's relationship with Raúl Gorrín, a billionaire businessman charged in 2018 and again in 2024 with bribing senior Venezuelan officials in corrupt deals to embezzle state funds from Nicolas Maduro's administration. The indictment unsealed on Wednesday alleges that Rivera, between June 2019 and April 2020, lobbied U.S. officials, including an unnamed senior official in the executive branch, to remove sanctions against Gorrín.
It’s been a bad week for Doug Gottlieb, who got into a social media spat with ESPN’s Adam Schefter days before Wednesday’s loss.