Trump live updates: Donald Trump to hold news conference after guilty verdict
After a downturn of more than six percent following his guilty verdict on Friday, shares in former President Donald Trump’s social media company rose in pre-market trading.
Shares in Trump Media & Technology, the parent company of the Truth Social platform, were recently up by about two percent.
The stock went public in late March of this year and has since been erratic.
Meanwhile, Trump has insisted “I am a very innocent man” after the jury at his New York hush money trial found him guilty on all of the 34 counts he faced, making him the first American president in history to be convicted of a crime.
The defendant sat emotionless as the jury delivered its unanimous verdict, convicting Mr Trump of falsifying business records to cover up a $130,000 payment made to the porn star Stormy Daniels on his behalf in the run-up to the 2016 presidential election in order to buy her silence over a sexual encounter she claims they had a decade earlier, which Mr Trump denies.
He has since announced he will hold a press conference at Trump Tower at 11am ET on Friday morning.
Watch live: Trump speaks after criminal conviction in hush money trial
Warning: This livestream has not been independently fact-checked and may contain misinformation.
The former president was found guilty on all counts he faced, becoming the first criminally convicted US president in history, on Thursday.
He made unfounded claims the trial was “rigged” and “done by the Biden administration in order to wound or hurt a political opponent” in comments shortly after the verdict.
Mr Trump was emotionless as the jury delivered a unanimous verdict, convicting Mr Trump of falsifying business records to cover up a $130,000 payment made to the porn star Stormy Daniels on his behalf in the run-up to the 2016 presidential election in order to buy her silence over a sexual encounter she claims they had a decade earlier, which Mr Trump denies.
He will be sentenced on 11 July at 10am ET (2pm GMT).
Holly Patrick31 May 2024 15:06
‘Is this the moment Trump’s popularity bubble bursts? Don’t bet on it…’
He has reached the highest echelons of office by defying political gravity – but, after being found guilty on 34 felony charges, will the former president finally come crashing back down to Earth?
Jon Sopel explains why yesterday’s verdict may not end up making a jot of difference come November.
Joe Sommerlad31 May 2024 15:20
Speaker Johnson says Supreme Court should ‘step in’
House Speaker Mike Johnson has said that he believes the Supreme Court should “step in” following the guilty verdict of former President Donald Trump on 34 counts in his hush money trial.
“I do believe the Supreme Court should step in,” he said on Fox & Friends on Fox News on Friday morning. “I think they’ll set this straight but it’s going to take a while.”
Speaking about the justices, he said: “I know many of them personally, I think they’re deeply concerned about” the faith in the American justice system.
Gustaf Kilander31 May 2024 15:13
Hillary Clinton releases ‘she was right’ mug immediately after Trump’s conviction
You didn’t think you’d get through the whole day without hearing from Hillary did you?
Here’s Sinead Butler for Indy100.
Joe Sommerlad31 May 2024 15:00
More reporters and pedestrians than Trump supporters at Trump Tower ahead of press conference
The Independent’s Ariana Baio is at Trump Tower ahead of the former president’s press conference. With just over an hour to go until Trump’s 11am press conference, there are more reporters and pedestrians present than Trump supporters.
One woman spotted wearing a Trump flag was one of few Trump backers in the area.
Gustaf Kilander31 May 2024 14:54
‘Now it’s Trump vs the American justice system… but who will voters support?’
When the former president was found guilty on all counts on Thursday, he described the verdict as “rigged” and raged against the “conflicted” judge.
He is unlikely to go to prison but it is the American voters who will ultimately deliver the final verdict, writes Mary Dejevsky.
Joe Sommerlad31 May 2024 14:40
Donald Trump’s media stock makes comeback ahead of news conference
After a downturn of more than six percent following his guilty verdict on Friday, shares in former President Donald Trump’s social media company rose in pre-market trading.
Shares in Trump Media & Technology, the parent company of the Truth Social platform, were recently up by about two percent.
The stock went public in late March of this year and has since been erratic.
Gustaf Kilander31 May 2024 14:25
Trump Media shares down more than 6% after hush money guilty verdict
Here’s Josh Marcus on the market reaction to the Trump verdict.
Joe Sommerlad31 May 2024 14:20
MTG posts upside-down flag moments after Trump conviction
Georgia populist Marjorie Taylor Greene posted a picture of an upside-down flag in response to Trump’s conviction.
The gesture has become a symbol for the “Stop the Steal” movement that the former president’s supporters brandished at the US Capitol on January 6.
It’s also the same symbol that was spotted at Supreme Court Justice Samuel Alito’s home in Virginia three years ago, which was recently brought to the public’s attention, sparking a controversy and calls for his resignation.
Joe Sommerlad31 May 2024 14:00
Time magazine posts new cover following Trump verdict
Here’s a telling look at how some of America’s biggest newspapers led the front page this morning.
Joe Sommerlad31 May 2024 13:40