Cyberattacks against accounting software firm Wolters Kluwer and the City of Baltimore in May showed how the newest wave of malicious hacking can have significant, often...Technologyread more
The European parliamentary election is the second largest democratic exercise in the world.Europe Newsread more
Biden had criticized Kim Jong Un as a "dictator" and a "tyrant" at a recent rally in Philadelphia. North Korean state media responded by calling Biden a "fool of low IQ" among...Politicsread more
Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Former White House chief strategist and Trump campaign chief Steve Bannon has reportedly been ordered to testify as part of special counsel Robert Mueller's investigation — the first instance of a close Trump staffer or confidante being bound by a grand jury subpoena.
FBI agents, at the time unaware that Bannon had retained lawyer William Burck the same day, arrived at his house in Washington, D.C., to serve him with the subpoena, people familiar with the events told NBC News. Burck is also representing two other witnesses involved in Mueller's probe into possible contacts between Donald Trump's presidential campaign and Russia.
The court order, which arrived last week, was first reported by The New York Times on Tuesday.
It isn't surprising that Mueller would want to interview a figure who had as much access as Bannon, experts say, even if only to corroborate the information the special counsel's team already gathered. Now, the question becomes: What is Mueller trying to get out of Bannon?
"It's a fishing expedition to see if Bannon can provide them with confirmatory evidence regarding the firing of [former F.B.I. Director James] Comey and obstruction of justice, " said David Shapiro, a professor at John Jay College of Criminal Justice with FBI experience and a financial crimes specialization. "That might be the stronger charge here, rather than Russian collusion."
The use of a grand jury subpoena to bring Bannon in for questioning, however, did spur intrigue among some experts, breeding speculation.
"It's somewhat surprising" that Mueller would take this tack, said Jennifer Taub, author and professor of white collar crime law at Vermont Law School.
One explanation for the subpoena is that Bannon was refusing to cooperate with the special counsel voluntarily, requiring a more forceful invitation. "Maybe he just said no," Taub said.
Some sources told NBC that Mueller's move may have been to prevent the White House from stifling Bannon's cooperation. Indeed, Bannon on Tuesday told members of the House Intelligence Committee that the White House had instructed him not to answer questions about his role as an advisor to Trump. The committee subsequently issued a subpoena of their own to compel him to talk.
Another suggestion is that Bannon didn't want to appear as though he was running into the special counsel's arms to give his secrets away. With the subpoena over his head, he can credibly claim that his hands are tied and that he has no choice but to testify.
Yet Bannon received the subpoena at arguably the lowest point of his relationship with the president. Bannon had been gone from the White House for months by the time excerpts began to leak from Michael Wolff's tell-all book "Fire and Fury: Inside the Trump White House." Up until that point, Trump had been mostly complimentary when asked about his former advisor.
That facade crumbled soon after Bannon was alleged to called a Trump Tower meeting between Trump campaign officials and Russians "treasonous," among other statements. Bannon also insulted Trump's children Donald Jr. and Ivanka, according to the book. In turn, Trump attacked Bannon, both on Twitter and in a lengthy press release.
Wolff's book might have played a part in the special counsel's decision, said Michael German, a former FBI special agent and current fellow with the Brennan Center for Justice's Liberty and National Security Program.
"It is interesting timing that the subpoena would come out after the book has gained so much attention, and that could certainly be part of it," German said. "That heightened sensitivity might have given Bannon more reason to say, 'hey, give me a subpoena.'"
German stressed, however, that there's no ruling out a coincidence.
"Having been involved in a ton of investigations, there are more coincidences than you can imagine," he said.
"That investigation is running on its own timeline that is completely opaque to the public."