The EU opened a formal investigation into Amazon on Wednesday centered on how the e-commerce giant uses merchants' data.Technologyread more
Investors are keen to find out how looming interest rate cuts will impact the second biggest U.S. lender by assets.Financeread more
IAC is set to invest $250 million in Turo, a peer-to-peer car-sharing firm that is often referred to as the "Airbnb for cars."Technologyread more
Mortgage interest rates surged last week to their highest level in a month, and consequently homebuyers turned on their heels.Real Estateread more
One semiconductor stock has soared above the rest since spring, and one of its biggest cheerleaders sees a larger breakout ahead.Trading Nationread more
U.S. officials see the deal as a threat to NATO, for which Turkey provides the second-largest military.World Politicsread more
Google's services have been blocked in China for several years, but the company still has a business there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
Support for U.S. President Donald Trump increased slightly among Republicans after he lashed out on Twitter over the weekend in a racially charged attack on four minority...Politicsread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
While the vote served as a show of solidarity for Democrats, it recommended no substantive penalty against Trump.Politicsread more
Rep. Matt Gaetz says he "personally apologized" Wednesday for Twitter smearing Michael Cohen — but that didn't stop the Florida Republican from having a congressional ethics probe requested for his social media salvo against President Donald Trump's former lawyer and fixer.
Gaetz, a Trump ally and a lawyer himself, was already facing an investigation revealed Wednesday by The Florida Bar, the state's attorney discipline regulator, for his inflammatory tweet attack Tuesday on Cohen. On Thursday, a Democratic political action committee filed a complaint with Congress' ethics watchdog in connection with the same Twitter post by Gaetz.
The tweet had suggested without any evidence that the married Cohen had "girlfriends, " and suggested Cohen confess that to his wife.
Gaetz wrote it the day before Cohen gave damning testimony at the House Oversight and Government Reform committee that painted Trump as a racist con man who had repeatedly broke the law. Because of the timing of the tweet, Gaetz was accused by many people of engaging in witness tampering.
House Speaker Nancy Pelosi, D-Calif., then issued a statement encouraging all members of Congress "to be mindful" of comments on social media that could harm committees' ability to get truthful information from witnesses.
Gaetz removed the tweet hours after posting it and apologized on Twitter for having written it, saying that while he wanted to "create context around the testimony of liars like Michael Cohen," it "was NOT my intent to threaten as some believe I did."
"I should have chose words that better showed my intent. I'm sorry."
Cohen's lawyer, Lanny Davis, said Gaetz's claims were "despicable lies and personal smears."
The tweet had mentioned Cohen's imminent, three-year prison term, which he is due to begin serving May 6.
Cohen's admitted crimes include campaign finance violations connected to facilitating hush money payments to two women, porn star Stormy Daniels and Playboy model Karen McDougal, at Trump's personal direction to keep them quiet about alleged affairs they had with Trump. Those affairs, which Trump denies happened, allegedly began shortly after the birth of his son Baron with first lady Melania Trump in 2006.
On Wednesday night, after Cohen had finished his testimony at the committee, Gaetz posted another tweet:
On Thursday, the Democratic Coalition, a political action committee, said it had filed a complaint against Gaetz with the Office of Congressional Ethics that alleges the congressman's tweet violated federal criminal law, the House Code of Official Conduct and House rules.
The Democratic Coalition's complaint says, "In threatening to expose embarrassing facts about Cohen on the eve of Cohen's public testimony about criminal activity involving Donald Trump, Gaetz engaged in an attempt to intimidate a witness, an attempt to obstruct justice, and an attempt to interfere with the proceedings of the House of Representatives. "
"Gaetz's threatening and intimidating tweet at Cohen was a criminal and unethical act that did not reflect creditably on the House in violation of Clause 1 and otherwise violated the spirit and letter of the Rules of the House."
A spokesman for the Congressional Ethics Office declined to comment to CNBC about the complaint.
The office does not necessarily act on complaints filed by outside parties. But it will conduct a probe of a member of Congress if credible allegations are raised against them.
However, the office's board has not yet been appointed by Pelosi and House Minority Leader Kevin McCarthy, R-Calif., so no probe into Gaetz can begin at the moment.
Gaetz's spokeswoman had no immediate comment on the complaint by the Democratic Coalition.
On Wednesday, during Cohen's testimony, Rep. Stacey Plaskett, a Democrat from the Virgin Islands, told Cohen, " I want to apologize for the inappropriate comments and tweets that have been made by other members of this body."
"And as a former prosecutor, and as former counsel on House ethics," Plaskett said, "I think that at the very least there should be a referral to the Ethics Committee of witness intimidation and tampering under [U.S. Criminal Code section] 1512 of my colleague Matt Gaetz, and it may be, possibly, him being referred for criminal prosecution."