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NBC Reporter Presses Joe Biden on the Lack of More Severe Sanctions

NBC White House correspondent Peter Alexander wanted to know why President Joe Biden didn’t order the SWIFT banking system to disconnect Russia.

Ryan Hedrick

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The media in attendance at President Joe Biden’s news conference pushed for answers. The president spoke to the nation after Russia launched a full-scale attack on Ukraine on Thursday morning. 

NBC White House correspondent Peter Alexander wanted to know why Biden didn’t order the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to disconnect Russia.

“You detailed some severe and swift new sanctions today and said the impact it will have over time. Given the full scale invasion, given that you’re not pursuing disconnecting Russia from what’s called SWIFT, the international banking system, or other sanctions at your disposal. Respectfully, sir, what more are you waiting for?” asked Alexander.

Biden responded by stating that the sanctions levied against Russia exceed what anyone has done in the past. 

“The sanctions we imposed exceed anything that’s ever been done,” Biden said. “The sanctions we imposed have generated two-thirds of the world joining us. They are profound sanctions. Let’s have a conversation in another month or so to see if they’re working.”

The sanctions will target Russian banks, elites, and high-tech commerce. “That means every asset they have in America will be frozen,” Biden said.

Biden added that he has no place to talk to Russian President Vladimir Putin. Furthermore, the president defended his actions regarding the sanctions and stated that they would take time to test Putin and how much he wants to put his people at risk. 

“No one expected the sanctions to prevent anything from happening. This could take time, and we have to show resolve so he knows what’s coming and so the people of Russia know what he’s brought on them. That’s what this is all about,” Biden said. 

“This is going to take time. This is not going to occur; he’s going to say, ‘Oh my G-d, these sanctions are coming, I’m going to stand down.’ He’s going to test the resolve of the West to see if we stay together, and we will. We will, and it will impose significant costs on him.”

Several reporters pressed Biden, including CNN reporter Kaitlin Collins asked the president why he didn’t sanction Putin immediately, a question the president did not answer. 

News Television

CNN Asks Florida Judge to Toss Out Donald Trump’s Defamation Suit

Trump filed the lawsuit against CNN because he accuses the network of defaming his character during the 2020 Presidential Election.

Eduardo Razo

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Former President Donald Trump filed a lawsuit against CNN in October; now, over a month later, the cable news channel is asking a judge in Florida to toss the case (h/t The Hill).

Trump filed the lawsuit against CNN because he accuses the network of defaming his character during the 2020 Presidential Election. Trump’s attorneys argued CNN “has sought to use its massive influence — purportedly as a ‘trusted’ news source.”

Additionally, Trump’s lawyer says that CNN attempted “to defame the Plaintiff in the minds of its viewers and readers for the purpose of defeating him politically, culminating in CNN claiming credit for ‘[getting] Trump out’ in the 2020 presidential election.”

CNN lawyers have pushed back against Trump’s claims saying that the former president “seeks to silence any criticism of Plaintiff’s debunked claim that the 2020 presidential election was ‘stolen.’”

“Any alleged association resulting therefrom are also ‘rhetorical hyperbole’ and ‘pure opinion’ under well-established principles of defamation law,” CNN’s lawyers added.

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News Television

Investor Cautions Over Possible Fox-News Corp. Merger

Irenic Capital, which owns about 2 percent of News Corp., has taken issue with its potential merger between Fox and News Corp.

Eduardo Razo

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Rumors have swirled over Fox and News Corp. possibly merging into one entity, but Irenic Capital, which owns about 2% of News Corp., has taken issue with its potential merger.

A merger would produce a more complicated company and turn off investors rather than increase the company’s lagging stock price, Irenic Capital stated in a letter to the News Corp. board.

“And even if such synergies do exist today, they would principally benefit Fox and reside in the News Media segment of News Corp,” Irenic Capital said (h/t Deadline). “For example, Fox Business may benefit from greater integration with The Wall Street Journal and some of Dow Jones’ other properties, but it is highly debatable whether the benefits from such an association flow both ways.

“Combining News Corp with Fox will result in a combined company that is obviously more complex than both companies left separate.” 

Irenic believes a unification would aid Fox far better than News Corp. and cautioned that the board has a fiduciary responsibility to investigate all possible routes to develop value beyond the one suggested by its primary shareholder.

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News Television

Fox News Lights All-American Christmas Tree

The event was hosted by Greg Gutfeld, Judge Jeanine Pirro, Dana Perino, Jessica Tarlov and Jesse Watters

Ryan Hedrick

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Fox News held its annual All-American Tree Lighting at FOX Square in New York, New York Monday during “The Five.” The event was hosted by Greg Gutfeld, Judge Jeanine Pirro, Dana Perino, Jessica Tarlov and Jesse Watters

In a release, the network said it partnered with the Police Athletic League (PAL) to host a toy drive benefiting New York City’s youth. The network also honored first responders by selecting representatives of the FDNY and NYPD to light this year’s tree.

Guests included FOX News personalities and their families along with first responders from the NYPD and FDNY, including members of NYPD Precinct 32, who lost Wilbert Mora and Jason Rivera this year, and members of EMS Station 49, who lost EMS captain Alison Russo earlier this year.

FOX’s All-American Christmas tree stands at 50 feet tall and is adorned by 12,000 ornaments and 340,000 lights. The tree has 500 branches, a star topper that is over six feet tall and more than four miles of cord wrapped throughout.  Made in America, the tree features a patriotic theme of red, white, and blue decorations.

“After a busy year in America, it’s nice to, let’s just take a step back and celebrate traditions like this and remember how important it is to come together and focus on what truly matters,” said co-host Dana Perino. “This tree is not just for us to enjoy. We want you watching at home to be able to come here and make Christmas memories with your family and friends and of course, your pets, too, of course, as you can imagine.”

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