The "Mar-A-Lago Accord" Is Now Underway

The global order is in chaos. And according to 40-year market veteran Dr. David Eifrig, the biggest controlled demolition of the old monetary order in history could now be here, too. That means if you don't take action today, your wealth could decline by 40%... (Yes, even your cash savings.)

US Attorney Erik Siebert Resigns After Refusing Trump Pressure To Pursue Criminal Case Against NY AG Letitia James: Report

Ananya Gairola
September 20, 2025

On Friday, U.S. Attorney Erik Siebert resigned after reportedly refusing pressure from the Donald Trump administration to pursue a criminal case against New York Attorney General Letitia James despite investigators finding no evidence of fraud.

Siebert Steps Down Under Pressure

Siebert, the U.S. attorney for the Eastern District of Virginia, announced his resignation in an internal email obtained by ABC News.

"For the last eight months, I have had the pleasure of leading the finest and most exceptional of DOJ employees," he wrote, thanking staff for their commitment to justice.

Sources told the publication that President Trump intended to fire Siebert after investigators failed to uncover incriminating evidence in a mortgage fraud probe targeting James. Instead, Siebert chose to step down.

See Also: Intel Growth Challenges Are Not Over Despite Altera Stake Sale: Analyst

Trump Pushes For Charges Against James

Investigators launched the probe in April after a referral alleging James falsified records tied to a 2023 Virginia home purchase. After interviewing 15 witnesses over five months, prosecutors found no clear evidence of wrongdoing, the report said.

Despite the findings, Trump insisted Friday that James looks very "guilty of something" and said he wanted Siebert "out" because Virginia's Democratic senators supported his nomination.

"When I learned that they voted for him, I said, I don't really want him," Trump told reporters.

Critics Call It An Attack On Rule Of Law

James's attorney, Abbe Lowell, blasted the move as political retribution. "Firing people until he finds someone who will bend the law to carry out his revenge has been the President's pattern -- and it's illegal," Lowell said.

The controversy comes as Trump faces mounting criticism for what opponents describe as a campaign of retaliation against political adversaries, with ongoing probes into Sen. Adam Schiff (D-Calif.) and Federal Reserve Governor Lisa Cook.

Cook is pushing back against Trump's attempt to oust her, after records revealed that one of her properties had been listed as a vacation home--undermining claims of mortgage misrepresentation.

James, A Frequent Trump Target

James has clashed with Trump repeatedly, including leading the civil fraud case in New York that concluded he and his family overstated property values to secure favorable loans.

Though a half-billion-dollar penalty was later overturned on appeal, the court upheld findings of fraud.

Siebert's departure leaves the powerful Eastern District of Virginia without a confirmed leader, as both he and his deputy plan to return to line prosecutor roles.

Read Next:

  • White House AI Czar David Sacks Warns Washington Must Let US Chipmakers Like Nvidia Sell Abroad Or Risk Forfeiting AI Race To Huawei And China

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image Via Shutterstock

Continue Reading...

Popular

MP Materials Tops List For Rare Earth Exposure, Says Analyst

Rare earth stocks are gaining attention as demand for magnets in EVs, robotics, and advanced air mobility is set to double by 2035.

Tesla Set To Hit $3 Trillion in 2026—Dan Ives

Tesla bull and Wedbush tech analyst Dan Ives sees Tesla reaching a $1 trillion valuation before the end of 2026. 

New Biotech Offering Targets $426B Rare Disease Market - Ad

The rare disease drug space is growing fast-and so is investor interest. With exclusivity, pricing power and major M&A moves, the rare disease space is getting interesting. This company has the science and the experience.

Cathie Wood Dumps $5.2 Million Worth of This AI Stock, Here's What Ark Bought Instead

Ark Invest decided to sell shares of Tempus AI (TEM), despite positive news of FDA clearance for its diagnostic device. They also made other key trades.

3 Gold Mining Stocks Shine As Prices Hit Records

Gold mining stocks Anglogold Ashanti, Coeur Mining, and New Gold join the top 10% for quality as gold prices hit fresh highs.

Biotech With Multiple Orphan Drugs Is Quietly Opening Its Doors - Ad

A promising biotech developing treatments for rare childhood brain diseases is opening a new raise. Its lead drug has fast-track status, orphan designations, is nearing Phase 2 and backed by a Global Integrator.

Cathie Wood Loads Up On Bullish Inc, Pony AI And Robinhood — Dumps Kratos Defense Amid Taiwan Drone Buzz

On Sept 17, 2025, Cathie Wood-led Ark Invest executed significant trades involving Bullish, Kratos Defense, Pony AI, and Robinhood. These reflect Ark's focus on emerging tech and defense sectors.

Ex-Trump Lawyer Raises Alarms: 'I Have Never Been As Concerned As To Whether Our System Can Withstand The Pressure'

Abbe Lowell, a lawyer who once represented President Donald Trump's family, has expressed grave concerns over the potential harm the current administration could cause to the country's institutions.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

New York City's Wealthiest Neighborhoods Witness 60% Rent Surge Since Pandemic

House rental rates in some of the wealthiest neighborhoods of New York City have surged by over 60% since the COVID-19 pandemic began, putting even high-income earners in a tight spot.

NYC mayor throws support behind bill to ban Central Park horse carriages

NEW YORK (AP) — New York City’s mayor threw his support Wednesday behind a proposal to that have been fixtures in Central Park for more than 150 years as he ordered police to more stringently enforce laws already on the books to rein in the industry.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

It's 'do or die' for electric vehicle maker Rivian as it breaks ground on a $5 billion plant

ATLANTA (AP) — It seems like a terrible time to build an electric vehicle plant in the United States, but Rivian Automotive leaders say they're confident as the company starts on a $5 billion facility in Georgia.

Elon's $1,000,000,000,000 Payday - Ad

Elon Musk just made his biggest insider purchase of Tesla stock ever. He's preparing for a "mind blowing" new launch that could see Tesla move away from electric cars... and into a new market. If his plan succeeds, this is the stock to own.

Bill Gates Backs Utah Geothermal Plant As Fervo Energy Targets 500 MW Capacity At Cape Station

Bill Gates and Breakthrough Energy support Fervo Energy's Cape Station project, aiming to generate 500 MW of geothermal power.

Big Tech's energy-hungry data centers could be bumped off grids during power emergencies

HARRISBURG, Pa. (AP) — With the explosive growth of Big Tech's data centers threatening to overload U.S. electricity grids, policymakers are taking a hard look at a tough-love solution: bumping the energy-hungry data centers off grids during power emergencies.

Why This Crypto Skeptic Had a Change of Heart - Ad

He used to make fun of crypto. Now... he says one $3 crypto could rise to $92 by next year.

How To Earn $500 A Month From Steelcase Stock Ahead Of Q2 Earnings

Steelcase offers an annual dividend yield of 2.37% (40 cents a year). How can investors pocket a regular $500 monthly?

Rare Disease Biotech Offers Access Ahead of Key Milestone - Ad

This late-stage biotech is gearing up for Phase 2 trials with an FDA-designated orphan drug. It's already drawing comparisons to recent billion-dollar exits. Backed by a proven biotech incubator, it's now offering early access to its raise.

Gov. Whitmer to address Michigan's economy as possible state and federal shutdowns loom

LANSING, Mich. (AP) — Three years ago, the story of Michigan was one of Democratic success. and Democratic state lawmakers of the executive and legislative branches of government.

AGM Group Holdings Stock Shoots Up 159% After Hours: Here's What's Happening

AGM Group Holdings Inc. surged 158.74% to $5.77 after announcing the $57.45 million sale of its semiconductor subsidiary, signaling a positive market response to its strategic restructuring.

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative set to launch as soon as Oct 15. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

New England's shrimp industry is struggling, with fishermen catching few in 2025

PORTLAND, Maine (AP) — There's an effort underway to bring New England shrimp back to seafood customers — but fishermen have found few of the crustaceans, and the fishing industry that harvests them may face an even longer shutdown.

TikTok Stays Online As Trump Extends US Deadline, Washington Still Demands ByteDance Divestment

President Trump said he and Chinese President Xi Jinping made progress on a TikTok deal and will meet in South Korea in just over a month.

Crypto Meets Wall Street - Are You Ready? - Ad

The Hedge Fund Summit is bringing top minds from crypto and traditional finance together. Discover new strategies, insights, and connections that could shape your portfolio's future.

Co-Diagnostics Stock Plunges 28% In Pre-Market Despite Strategic Saudi Partnership

Co-Diagnostics (CODX) shares dropped 24.87% in pre-market trading after an 80.76% surge, despite announcing a strategic partnership.

Here's Novo Nordisk's First Oral Obesity Drug In Europe With Proven Heart Health Impact

EMA approved Rybelsus' label update after the SOUL trial showed it cuts heart attack, stroke, and death by 14% in high-risk type 2 diabetes patients.

The "Mar-A-Lago Accord" Is Now Underway - Ad

The global order is in chaos. And according to 40-year market veteran Dr. David Eifrig, the biggest controlled demolition of the old monetary order in history could now be here, too. That means if you don't take action today, your wealth could decline by 40%... (Yes, even your cash savings.)

UK inflation remains nearly double target ahead of expected interest rate hold

LONDON (AP) — Inflation in the U.K. held steady at 3.8% in the year to August, official figures showed Wednesday, a day before the Bank of England is widely expected to keep interest rates on hold.

US Investors Cling To Record $7.7 Trillion In Money-Market Funds Amid Rate Cuts

US investors are steadfastly holding a record $7.7 trillion in money-market funds, with no immediate intentions of shifting the funds elsewhere.

New Biotech Offering Targets $426B Rare Disease Market - Ad

The rare disease drug space is growing fast-and so is investor interest. With exclusivity, pricing power and major M&A moves, the rare disease space is getting interesting. This company has the science and the experience.

Utah Governor After Kirk Killing: 'Social Media Is A Cancer On Our Society Right Now'

Utah Gov. Spencer Cox urged unity after Charlie Kirk's killing, warning that "social media is a cancer on our society right now."

Long-wrought WTO agreement aimed at reducing overfishing takes effect

GENEVA (AP) — A World Trade Organization agreement aimed at reducing took effect Monday, requiring countries to reduce subsidies doled out to fishing fleets and aiming to ensure sustainability of wildlife in the world's seas and oceans.

Biotech With Multiple Orphan Drugs Is Quietly Opening Its Doors - Ad

A promising biotech developing treatments for rare childhood brain diseases is opening a new raise. Its lead drug has fast-track status, orphan designations, is nearing Phase 2 and backed by a Global Integrator.

Why Redwire Stock Is Gaining Today

Redwire climbs about 4% after subsidiary Edge Autonomy wins a European NATO ally contract to supply Stalker Group 2 reconnaissance drone.

Trump Admin Pushes G7, EU To Slap Tariffs On China And India Over Russian Oil Purchase To 'End The Senseless Killing' In Ukraine

The U.S. is pressing G7 and EU allies to impose tariffs on China and India for buying Russian oil, while Trump's trade war policies have driven tariff revenues to a record $30 billion in August.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service