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Tammy Baldwin faces conflict of interest concerns over partner's Wall Street gig

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Tammy Baldwin faces conflict of interest concerns over partner's Wall Street gig

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Sen. Tammy Baldwin, D-Wis., has come under increased scrutiny over her years-long relationship with a private wealth adviser whom she owns a residence with, but since the two are unmarried, she is not required by Senate rules to disclose her partner’s finances. 

“Sen. Baldwin’s partner, Maria Brisbane, advises the uber wealthy on industries regulated by Baldwin, creating a massive conflict of interest that merits further investigation. Sen. Baldwin should immediately disclose her partner’s assets and client list – the people of Wisconsin deserve transparency,” said a spokesperson for Republican Senate candidate Eric Hovde in a recent statement. 

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Brisbane, whom Baldwin has been dating since 2018, works as a private wealth adviser with the Brisbane Group, which is a wealth management team under the Morgan Stanley umbrella. In her capacity in the role, she serves clients with “ultra high net worth,” the website says.

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Republican Senate candidate Eric Hovde has called Sen. Tammy Baldwin’s relationship with Maria Brisbane a conflict of interest and urged her to disclose her partner’s assets and clients. (Reuters)

Per Morgan Stanley’s code of conduct, “Examples of confidential information include the identity of our clients, Firm and client trading activities and securities holdings, acquisition, divestiture and tender offer plans, supervisory activities of the Firm’s regulators and Personally Identifiable Information relating to clients and employees.”

The Fix Washington PAC, which is promoting Hovde in the competitive Wisconsin Senate race, recently cut an ad about Brisbane and Baldwin, their shared residence and Brisbane’s client list. 

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“They spend their time in New York and D.C. in their multimillion-dollar homes, but Baldwin fails to report their jointly owned assets or Maria’s clients, who get rich off industries that Tammy regulates,” the ad said. “That’s a conflict of interest raising serious ethical questions to face Tammy Baldwin.”

It’s true that Baldwin does not disclose Brisbane’s assets or client list in her own financial disclosures. However, she is not required to by the current rules. 

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Baldwin has dated Brisbane since 2018. (Daniel Boczarski/Getty Images for The Democratic Party of Wisconsin)

Baldwin responded to the ad with one of her own, titled, “Complete lie.”

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“This ad is a complete lie,” it said. “The truth is Tammy Baldwin’s never shared inside information with her partner and Tammy Baldwin’s leading the fight to ban senators from purchasing any individual stocks.”

In a statement to Fox News Digital, Baldwin campaign spokesperson Andrew Mamo said, “Eric Hovde’s attempt to attack the woman Tammy Baldwin is dating is sad and desperate. Tammy works for the people of Wisconsin and only the people of Wisconsin. No matter how low Eric Hovde goes, voters will not forget about the massive conflict of interest presented by his continued ownership of his $3 billion California bank that receives deposits from unnamed foreign banks and governments.” 

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Hovde has called for Brisbane’s ties to industries Baldwin regulates to be investigated. (John Hart/Wisconsin State Journal via AP, file)

Her campaign also pointed out other senators who have been in dating relationships that did not disclose their partner’s assets, such as Sens. Tim Scott, R-S.C., and Cory Booker, D-N.J.

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Part of the charges by Hovde and his campaign about the supposed conflict of interest posed by Baldwin’s partner and their status as unmarried, is Brisbane’s previous role as manager of a biotechnology mutual fund, per a progress report from 2017 for the Cancer Research & Treatment Fund (CR&T). 

Brisbane further listed on her firm’s previous archived website under Merrill Private Wealth Management that she “manages custom-tailored equity portfolios that place emphasis on large-growth stocks – with an effort to enhance performance through small biotechnology and technology companies.”

Because her clients are confidential, it’s unknown who they are and what interests they may have. 

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Part of the concern put forward by Hovde is that Baldwin serves as chairwoman of the Appropriations Committee’s Labor, Health and Human Services, Education, and Related Agencies subcommittee. 

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“Tammy regulates the biotech industry,” an ad from his campaign said last week. “Maria advises clients in the biotech industry. If they were married, they would have to disclose their financial conflicts. But they aren’t married, so they can share inside information to get rich. It’s time to investigate Sen. Tammy Baldwin. She’s in bed with Wall Street.”

While Baldwin and Brisbane are not married, they purchased a residence in Washington, D.C., together and share it. Both of their names are on the property’s deed. According to Baldwin’s campaign, the two split the cost of the condominium and Brisbane paid for hers in cash while Baldwin took out a mortgage on her half. 

The campaign also said Baldwin and Brisbane do not share bank accounts.

In a recent Marquette University Law School poll, Baldwin led Hovde 51% to 45% among registered voters in Wisconsin. 

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Top political handicapper, the Cook Political Report, rated the election as a slight advantage for Baldwin, labeling it “lean Democrat,” alongside several other competitive Senate races. 

Get the latest updates from the 2024 campaign trail, exclusive interviews and more at our Fox News Digital election hub.

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Navy Secretary John Phelan Is Leaving the Pentagon and the Trump Administration

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Navy Secretary John Phelan Is Leaving the Pentagon and the Trump Administration

Navy Secretary John Phelan was fired on Wednesday after months of infighting with senior Pentagon leaders and disagreements over how to revive the Navy’s struggling shipbuilding program.

Mr. Phelan is leaving the Pentagon and the Trump administration effective immediately, wrote Sean Parnell, the Pentagon’s chief spokesman, in a terse statement.

In his role leading the Navy, Mr. Phelan had championed the “Golden Fleet,” a major investment in new ships including a “Trump-class” battleship. But Mr. Phelan’s leadership was marred by feuds with senior leaders in the Pentagon, including Defense Secretary Pete Hegseth and Deputy Defense Secretary Stephen Feinberg, Pentagon and congressional officials said.

Mr. Phelan is the first service secretary to leave the administration, though he is the second one to clash with the defense secretary. Mr. Hegseth also has butted heads with Army Secretary Daniel P. Driscoll over promotions and a host of other issues. Mr. Hegseth fired the Army’s chief of staff, Gen. Randy George, earlier this month.

The Navy secretary has no role overseeing deployed forces, and Mr. Phelan’s firing is not likely to have significant implications for the conduct of the Iran war or U.S. Navy operations to blockade Iranian ports or open the Strait of Hormuz. As the Navy’s top civilian leader, his main responsibility is to oversee the building of the future naval and Marine Corps force.

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But the tumult could make it harder for the Navy to replenish its stock of Tomahawk missiles and high-end air defense systems, which have been in heavy use in Iran.

Tensions had been simmering for months between Mr. Phelan and his two bosses — Mr. Hegseth and Mr. Feinberg — over management style, personnel issues and other matters.

Mr. Feinberg, in particular, had grown increasingly dissatisfied with Mr. Phelan’s handling of the Navy’s major new shipbuilding initiative, and had been siphoning off responsibility for the project from him, said the congressional official, who spoke on the condition of anonymity to discuss personnel matters.

Mr. Phelan, a White House appointee, also had a contentious relationship with his deputy, Under Secretary Hung Cao, who is more aligned with Mr. Hegseth, especially on some of the social and cultural battles that have defined the defense secretary’s tenure, the officials said.

A senior administration official said that Mr. Hegseth informed Mr. Phelan before the Pentagon’s official announcement that he and President Trump had decided that the Navy needed new leadership.

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A spokeswoman for Mr. Phelan referred all questions on Wednesday evening to the Defense Department.

Last fall, Mr. Hegseth fired Mr. Phelan’s chief of staff, Jon Harrison, who had clashed with senior officials throughout the Pentagon. The unusual move highlighted the broader tensions between Mr. Hegseth and Mr. Phelan.

Still, the timing of Mr. Phelan’s firing caught some Pentagon and congressional officials off guard. On Wednesday, Mr. Phelan was making the rounds on Capitol Hill, talking to senators about his upcoming annual hearing with lawmakers to discuss the Navy’s budget request and other priorities.

“Secretary Phelan’s abrupt dismissal is troubling,” Senator Jack Reed of Rhode Island, the top Democrat on the Armed Services Committee, said in a statement Wednesday night. “In the midst of President Trump’s war of choice in Iran, at a moment when our naval forces are stretched thin across multiple theaters, this kind of disruption at the top sends the wrong signal to our sailors and Marines, to our allies, and to our adversaries.”

Mr. Phelan also had a close relationship with Mr. Trump. In December, Mr. Phelan appeared alongside Mr. Trump at his Mar-a-Lago resort to announce the “Golden Fleet” and the new class of battleships bearing Mr. Trump’s name.

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“John Phelan is one of the most successful businessmen in the country — in our country,” Mr. Trump said. “He’s been a tremendous success.”

Before joining the Trump administration, Mr. Phelan ran a private investment fund based in Florida.

“He’s taken probably the largest salary cut in history, but he wanted to do it,” Mr. Trump said at the December press conference. “He wants to rebuild our Navy. And you needed that kind of a brain to do it properly.”

But Mr. Trump’s effusive praise masked deeper tensions with Mr. Phelan’s Pentagon bosses.

Bryan Clark, a naval analyst at the Hudson Institute, said that Mr. Phelan was “driving the Navy in a different direction” than what Mr. Hegseth and Mr. Feinberg wanted.

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“He was championing initiatives like the battleship and frigate that don’t align with where the D.O.W. leadership is taking the military, which is toward submarines, stealth aircraft, unmanned systems and software-driven capabilities like electronic warfare and cyber,” Mr. Clark said in an email, using the abbreviation for Department of War, as the administration calls the Defense Department.

Mr. Phelan also clashed with Mr. Hegseth over personnel issues in the Navy and Marine Corps, a former senior military official said. Mr. Hegseth has directed service secretaries to scrub the social media accounts of general- and admiral-level promotion candidates to ensure they are not deemed too “woke” by Mr. Hegseth’s standards, the official said.

Maggie Haberman and Eric Schmitt contributed reporting.

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Manhattan DA’s office employee charged with sexual abuse after alleged incident on Queens subway

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Manhattan DA’s office employee charged with sexual abuse after alleged incident on Queens subway

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An analyst with the Manhattan District Attorney’s Office was arrested Tuesday on allegations that he sexually abused a woman while off duty, police told Fox News Digital Wednesday. 

Tauhid Dewan, 28, is accused of inappropriately touching a 40-year-old woman’s private area during a late-afternoon rush-hour subway ride in Queens, according to local outlet PIX11. 

The victim was reportedly a random woman, the outlet added, citing sources who said she and the suspect were strangers. 

A spokeswoman for the office told Fox News Digital that the staffer has since been suspended.

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Tauhid Dewan, 28, was arrested in New York City Tuesday following allegations that the Manhattan DA staffer innapropriately touched a woman during a subway ride (LinkedIn)

According to the New York Police Department, Dewan was arrested around 5 p.m., possibly after returning from work.

PIX11 added that the arrest occurred minutes after the incident, which allegedly took place on a No. 7 train near the Junction Boulevard station.

He was subsequently arrested by the NYPD Transit Bureau and is facing multiple charges, including forcible touching on a bus or train, third-degree sexual abuse, and second-degree harassment involving physical contact.

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He was also charged with acting in a manner injurious to a child under the age of 17, suggesting a minor may have been nearby and either witnessed the alleged conduct or was placed at risk by it.

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Tauhid Dewan is an employee of the Manhattan District Attorney’s Office, which is led by DA Alvin Bragg. (Spencer Platt/Getty Images)

Law enforcement sources said Dewan has no prior arrests, local outlets reported.

According to city records, Dewan has worked at the Manhattan District Attorney’s Office as a senior investigative analyst for nearly four years, since July 10, 2022.

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People board a train at a subway station in New York City on Aug. 1, 2025. (Gary Hershorn/Getty Images)

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His arraignment in Queens Criminal Court was scheduled for Wednesday, according to state records. 

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As primary election nears, top candidates for California governor debate tonight

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As primary election nears, top candidates for California governor debate tonight

With the California governor’s race quickly approaching, six candidates will face off Wednesday evening in the first debate since former Rep. Eric Swalwell dropped out of the race in the aftermath of sexual assault and misconduct allegations.

The debate takes place at a critical moment in the turbulent contest to replace termed-out Gov. Gavin Newsom. Ballots will start landing in Californians’ mailboxes in less than two weeks, and voters are split by a crowded field of eight prominent candidates. The debate also takes place after former state Controller Betty Yee ended her campaign because of a lack of resources and support in the polls.

Two Republicans — Riverside County Sheriff Chad Bianco and conservative commentator Steve Hilton — and four Democrats — billionaire Tom Steyer, former Biden administration Secretary Xavier Becerra, former Orange County Rep. Katie Porter and San Jose Mayor Matt Mahan — will take the stage at Nexstar’s KRON4 studios in San Francisco. Former Los Angeles Mayor Antonio Villaraigosa and state Supt. of Public Instruction Tony Thurmond, both Democrats, were not invited to participate because of their low polling numbers.

As the candidates strive to distinguish themselves in a crowded field, the debate could include fiery exchanges about the role of money in politics and potential heightened attacks on Becerra, who has surged in the polls since Swalwell dropped out. With the debate taking place on Earth Day, environmental issues are also likely to be raised.

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The Wednesday night gathering is the first televised debate in the gubernatorial contest since early February. Last month, USC canceled a debate hours before it was set to begin over mounting criticism that its criteria excluded all major candidates of color.

The 7 p.m. debate is hosted by Nexstar and will be moderated by KTXL FOX40 anchor Nikki Laurenzo and KTLA anchor Frank Buckley. It can be viewed on KRON4 (San Francisco), KTLA5 (Los Angeles), KSWB/KUSI (San Diego), KTXL (Sacramento), KGET (Bakersfield) and KSEE (Fresno). NewsNation will also air the debate.

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