Top Stories — Monday, September 8, 2025
What is trending in the USA today? Here is Breaking News:
- Trump loses bid to overturn $83.3 million judgment in E. Jean Carroll defamation case — CNBC
- Hassett says he supports Federal Reserve independence amid Trump admin's rate cut push — Fox Business
- Get behind the scenes at TechCrunch Disrupt 2025 by volunteering — TechCrunch
Trump loses bid to overturn $83.3 million judgment in E. Jean Carroll defamation case
Source: CNBC • Published: 9/8/2025, 8:05:00 PM
A federal appeals court on Monday rejected President Donald Trump's bid to overturn a jury verdict ordering him to pay $83.3 million for defaming writer E. Jean Carroll.
The decision from a trio of judges on the U.S. Court of Appeals for the Second Circuit upheld that verdict, which Trump argued was both excessive and invalid following a Supreme Court decision that expanded his presidential immunity.
But the appellate judges held that Trump "has failed to identify any grounds that would warrant reconsidering our prior holding on presidential immunity."
They also ruled that a lower federal court "did not err in any of the challenged rulings and that the jury's damages awards are fair and reasonable."
The decision came less than a week after Trump's lawyers signaled they will soon ask the Supreme Court to overturn a jury verdict in a separate civil case Carroll had filed against the president, for which she has been awarded $5 million.
Both cases accused Trump of defaming Carroll in statements denying her accusation that he raped her in the mid-1990s in the Manhattan department store Bergdorf Goodman.
The White House did not immediately respond to CNBC's request for comment on the latest appeals court ruling.
This is breaking news. Please refresh for updates.
Hassett says he supports Federal Reserve independence amid Trump admin's rate cut push
Source: Fox Business • Published: 9/8/2025, 8:00:12 PM
National Economic Council Director Kevin Hassett said on Sunday that the Federal Reserve's monetary policy decisions shouldn't be subject to political influence amid the Trump administration's calls for the central bank to cut interest rates.
Hassett appeared on CBS News' "Face the Nation," where host Margaret Brennan cited a CBS poll that found 70% of Americans want the Fed to make decisions independently of President Donald Trump, though 59% of Republicans want the Fed to be guided by what Trump wants. She then asked Hassett which camp he would fall into.
"Oh, if I were in that survey, then I would say 100% that monetary policy, Federal Reserve monetary policy, needs to be fully independent of political influence," Hassett said.
"Including from President Trump," he added in response to a follow-up question from Brennan.
White House National Economic Council Director Kevin Hassett said he supports Federal Reserve independence amid the Trump admin's rate cut calls. (Andrew Harnik/Getty Images / Getty Images)
"The fact is that we've looked at countries that have allowed the leaders to take over the central banks, and what tends to happen is that it's a recipe for inflation and misery for consumers," he said. "And so central bank independence is some that – as you saw, there was a hearing this week about that, that Democrats and Republicans and the White House all agreed about."
"Now, the question is, has the current central bank been as independent as we would like, as transparent as we would like? And I think there's some dispute about that," Hassett said.
Read the full story at Fox Business.
Get behind the scenes at TechCrunch Disrupt 2025 by volunteering
Source: TechCrunch • Published: 9/8/2025, 8:00:00 PM
Get behind the scenes at TechCrunch Disrupt 2025 by volunteering
Want to launch a startup? Build a brand? Run a large-scale conference like this one day?
Volunteering at TechCrunch Disrupt 2025 is one of the best ways to see how the magic happens — and learn what it takes to pull off a world-class event.
TechCrunch Disrupt returns to San Francisco this October 27–29, and we're calling in the crew to roll up their sleeves and help make it all happen. Whether you're greeting attendees, supporting speakers, or running backstage ops, volunteering gets you free event access, real-world experience, and direct exposure to the startup scene. It's a chance to get hands-on learning behind the scenes, discover what's next in tech, and build valuable connections.
Applications close September 30, and spots are filling fast.
This is your shot to get in the room — not as a guest, but as a vital part of the show.
Read the full story at TechCrunch.
For complete details, visit the original sources linked above.
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