RNC Finance Chair Resigns After Allegations Of Sexual Misconduct

Trump Liked A Tweet On RNC Chair Sexual Misconduct Allegations, According To Twitter Bot

Trump Liked A Tweet On RNC Chair Sexual Misconduct Allegations, According To Twitter Bot

The decision may be a blow to the Republican Party's fundraising as it gears up for midterm elections in November with an unpopular president as its standard-bearer.

"Today I accepted Steve Wynn's resignation as Republican National Committee finance chair", Republican National Committee (RNC) chairman Ronna Romney McDaniel said in a statement on Saturday that did not reference the harassment allegations.

The Journal's story said that Wynn, who turned 76 on Saturday, allegedly harassed or abused multiple women who worked for him over the years; the paper's reporters uncovered a $7.5 million settlement Wynn paid to a manicurist he coerced into having intercourse with him in 2005. The report contained numerous other allegations of harassment and coercion by other women.

ILLEGAL ACTIVITY WARNING: "Jefferies Group Comments on Wynn Resorts, Limited's Q4 2018 Earnings (WYNN)" was first reported by BBNS and is the property of of BBNS. The work we are doing to make America a better place is too important to be impaired by this distraction.

Since 2013, Wynn has contributed almost $2.4 million to GOP candidates and party organizations around the country, including 2017 special election winners as well as dozens of state Republican Party committees.

The investigative committee will be chaired by Patricia Mulroy, a member of the board's corporate governance and compliance committees, it said. It ended November with US$33.5 million more in the bank than its Democratic counterpart, thanks in part to the big donors he can attract.

"Most of the credit for the cash on hand advantage goes to chairwoman McDaniel and her team". "It's another worry the Republicans don't need".

A Republican source told NBC News that Wynn - a prominent supporter of President Donald Trump - had stepped aside in the wake of detailed and numerous allegations against him. Democrats forced high-profile incumbents, including Senator Al Franken of Minnesota and Representative John Conyers of MI, to resign.

He added: "You're one of the lead dogs raising money in the party and you have to have street cred in the finance world so you can shake trees".

Separatist in Yemen take over government buildings
The STC accused bin Daghr's government of attacking peaceful protesters and urged Hadi to sack the prime minister and his cabinet. Hadi's government refused to be coerced and subsequently banned public gatherings ahead of Sunday's deadline.

Republicans have criticized Democrats for accepting money from the movie producer Harvey Weinstein, a prolific fundraiser for the party. The RNC has not yet said whether it will return any money donated by Wynn.

"The idea that I ever assaulted any woman is preposterous", he said in a statement that the company sent to CNN.

After the Journal report, Wynn Resorts stock shares dropped 10 percent on Nasdaq.

Democrats were quick to pounce.

Wynn and Trump have a long history.

The RNC is set to hold its winter meeting in Washington in the coming days, where the finance chairman position and fallout from the Wynn allegations are expected to be a topic of conversation.

The board of directors of Wynn's company, Wynn Resorts (symbol: WYNN), has formed a committee to investigate the sexual harassment allegations.

Several other analysts have also weighed in on the company.

The Massachusetts Gaming Commission has announced it is launching a review following the allegations published by the Journal.

Recommended News

  • GOP Memo Reveals Rosenstein Approved Surveillance Of Carter Page

    Democrats who have read the document say Republicans have cherry-picked facts to create a misleading and risky narrative. Mueller III as a special counsel in May to oversee the Russian Federation probe.
    Rishi and Neetu laud Deepikas performance in Padmaavat

    Rishi and Neetu laud Deepikas performance in Padmaavat

    I am not someone who has ever been excited so much about box-office numbers but I have to say that this time I am. Padmaavat , which also got to see the light of the day in Pakistan, made record business in Australia on day one.
    Federer Faces Cilic In Australian Open Final

    Federer Faces Cilic In Australian Open Final

    He lashed heatedly with the chair umpire, who had awarded a point to Cilic after he successfully challenged a fault call. Federer added, "At this point, I wrote Rafa late last night before I went to bed, it was the last thing I did".
  • Does trading Avery Bradley make sense for Pistons?

    Does trading Avery Bradley make sense for Pistons?

    Griffin, 28, has struggled with injuries over the past several seasons, missing 84 games since the start of the 2014-15 campaign. Even though Bradley will become a free agent this offseason, the Pistons have had a significant asking price for him.
    DOJ warns Devin Nunes not to release controversial FISA memo

    DOJ warns Devin Nunes not to release controversial FISA memo

    Jaffer was referring to text messages between the two that disparaged Trump - but also commented negatively on some Democrats. Since writing the memo, Nunes has kept it under lock and key but allowed members of the House to view it.
    NBC5 Forecast: Sunny and pleasant Sunday

    NBC5 Forecast: Sunny and pleasant Sunday

    A wintry mix is possible, but now no significant accumulations are expected, the National Weather Service in Tulsa said. Colder air settling into the region and clouds are likely to lead to low temperatures Sunday .
  • How Hillary Clinton Filmed A Surprise Cameo For The 2018 Grammy Awards

    How Hillary Clinton Filmed A Surprise Cameo For The 2018 Grammy Awards

    Along with Clinton, artists like Cher, Snoop Dogg , Cardi B, John Legend and DJ Khaled were among those who read excerpts. Still, Clinton thought it'd be fun to give Wolff more attention by reading his book at the awards program.
    Pochettino would rather work on a farm than at Barcelona

    Pochettino would rather work on a farm than at Barcelona

    The Tottenham manager knows, or at least proclaims to know, that he will never manage Arsenal , given his ties to Tottenham . The result meant that Madrid was dumped out of the cup on away goals rule. "You never know as football is so unstable".
    Kabul: Gunfire, explosions heard near a military academy, one militant arrested

    Kabul: Gunfire, explosions heard near a military academy, one militant arrested

    An unknown number of militants mounted an attack on the Marshal Fahim National Defence University which lasted for almost an hour. The gunmen did not enter the heavily fortified compound on the western outskirts of the city, an Afghan security source said.
  • Facebook will push local stories in news feed

    Facebook will push local stories in news feed

    Facebook will start by looking at US -based publishers but says it intends to expand the effort into other countries. It is not just local news services like Nextdoor that will benefit from the changes , Facebook executives say.
    Keurig Green Mountain to merge with Dr Pepper Snapple

    Keurig Green Mountain to merge with Dr Pepper Snapple

    They presently have a $115.00 target price on the stock. (NYSE:WM) has "Buy" rating given on Tuesday, July 28 by Argus Research. Dr Pepper Snapple Group (NYSE: DPS ) last posted its quarterly earnings data on Wednesday, October 25th. (NASDAQ:FB).
    Guterres speaks out on Holocaust Remembrance Day

    Guterres speaks out on Holocaust Remembrance Day

    President marked International Holocaust Remembrance Day on Saturday by tweeting a message of resolve to prevent another genocide.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.