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Sen. Jon Ossoff on Trump's family business dealings: "It is really mind blowing"

Sen. Jon Ossoff on Trump's family business dealings: "It is really mind blowing"

Yahoo19-05-2025

Sen. Jon Ossoff (D-Ga.) talks to Jen Psaki about President Donald Trump and his family's business dealings including Jared Kushner taking billions of dollars from the Saudis and the selling of private dinners and White House tours to people who invest in his family businesses. 'The depth of corruption and self-dealing and self-enrichment by the Trump family, during this term, is something that we have never, ever seen in the United States.'

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Lynch: Prepare for posturing on anniversary of Framework Agreement that already achieved its goal
Lynch: Prepare for posturing on anniversary of Framework Agreement that already achieved its goal

USA Today

time8 hours ago

  • USA Today

Lynch: Prepare for posturing on anniversary of Framework Agreement that already achieved its goal

Lynch: Prepare for posturing on anniversary of Framework Agreement that already achieved its goal Friday marks two years since the announcement of the Framework Agreement between the PGA Tour and Saudi Arabia's Public Investment Fund, and all one can say about the passage of time is that it has proven the truth of John Irving's elegiac observation about how 'the people who once mattered the most to us wind up in parentheses.' The two men who conceived the accord (Ed Herlihy and Jimmy Dunne) have thrown their last fists in this scuffle, having exited the Tour's Policy Board. One of its three signatories (Keith Pelley) has departed the DP World Tour, while another (Jay Monahan) has had his authority as Tour commissioner hog-tied by players and investors. Only the PIF governor, Yasir Al-Rumayyan, remains as he was on June 6, 2023, right down to the libertine spending for chaste returns. The Framework Agreement predicted a definitive deal between the parties by the end of '23, but those privy to the process say none is imminent, Al-Rumayyan having been radio silent for three months. Which means apologists and propagandists will maintain their industrious output of the past 720-odd days, mitigating or touting every twist in the narrative. This promises to be a week in which both the Tour and PIF (by way of its LIV proxies) insist that the clock ticking over into a third year is much worse for the other side. In truth, it's not good for either. A year ago, even loyalists were tempted to short the Tour's stock. LIV was still spending and had poached Jon Rahm; broadcast ratings were sinking; sponsors were antsy at best, and leaving in some cases; tournaments were unhappily adjusting to a scheduling caste system and weakened fields; the investors of Strategic Sports Group were demanding efficiencies in a corporate structure unaccustomed to accountability; players were complaining because, well, because there was oxygen available. The organization appeared highly incentivized to reach a deal with the Saudis. Today, the Tour has regained some swagger. LIV's biggest signing since Rahm was a YouTube influencer; TV ratings have improved; multiple sponsors have re-upped; tournaments have mostly stabilized, though there remain too many events with fields so diluted that one almost expects Brandel Chamblee to get a start; the GloHo survived its (first) round of budget cuts; players are still … It's an organization with little incentive to cut a deal, other than wanting cash and the return of a handful of players, most of whom will be free agents anyway by the time a new structure would be implemented. What the PGA Tour lacks — other than fan-friendly information transparency on everything from equipment testing to drug testing to disciplinary matters — is clarity on its future. Which is breeding a damaging perception that its product is incomplete, that it is searching for a missing puzzle piece it doesn't actually need. That clarity won't come until the Tour's board delivers a definitive 'No sir!' to Yasir. And LIV? It isn't judged by the same commercial standards as its rival. Television ratings are negligible, but no one cares; sponsors are scarce, but everyone gets a discount at Freddy's Frozen Custard; budgets are for actual businesses, not hostage-taking enterprises; player dissent is contractually forbidden, so they applaud themselves with the forced enthusiasm of the North Korean politburo when Comrade Un is scanning the room. As June 6 nears, LIV will need its online incels to manufacture a sentiment that it must still be taken seriously, despite all evidence to the contrary. Scott O'Neil will soon reach six months as LIV's CEO and will be keen to show that his shop is open for business, ready for a fresh round of recruiting and commercially stable (an audacious claim when your regulatory filings show that you've flushed north of $5 billion, but the Great White Pilot Fish can carry the can for that). Perhaps new partnerships will materialize — maybe a broadening of the deal that put Salesforce logos on some LIV players at the PGA Championship, or a financial institution eager to expand its interests in the Kingdom, or a company that counts PIF as a valued investor. Marriages of convenience that — like LIV's broadcast arrangement with Fox Sports — are less a vote of confidence in the product than a means to pursuing some greater prize. While the key parties posture around June 6, there'll be earnest hand-wringing in some quarters about the urgency to deliver on the Framework Agreement, which ignores the fact that its promise has already been realized. That accord was only ever intended to end the expensive and reputationally hazardous litigation. It succeeded in that. The two years since have merely been a squabble over who gets to write the epilogue.

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