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    A Trump DOGE Dividend Could Raise Inflation

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    President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.President Trump’s speech at the FII Priority conference in Miami Beach was standing room only, with boldfaced names of the business world in attendance.Al Drago for The New York TimesDealBook’s Lauren Hirsch is in Miami Beach at the FII Priority conference, where President Trump floated the idea of sending Americans a dividend or refund check from money saved by DOGE rather than use all of it to pay down the debt. More below.Separately, since you may read about this elsewhere, I thought I’d share with you a secret I’ve been keeping: For the past eight years, I’ve been working on a follow-up to my book, “Too Big to Fail.” I’ve written what I think of as a prequel: a nonfiction, character-driven, behind-the-scenes account of 1929, the year of the most infamous market crash of all time. The book will be out in October. I’ll talk more about it then.Trump floats a new stimulus ideaPresident Trump swept into Miami Beach on Wednesday to speak at the FII Priority conference with yet another eyebrow-raising idea: using the savings he says Elon Musk’s cost-cutting team is finding to send taxpayers checks and repay the national debt.It isn’t clear whether this would actually happen. But Trump’s potential move — described to a crowd that included Musk; Eric Schmidt, formerly of Google; and Michael Klein, the deal-maker mogul — raises questions about the president’s economic priorities.What Trump described: forking over 20 percent of the savings that Musk’s so-called Department of Government Efficiency initiative has cut from government spending “to American citizens” and 20 percent to paying down the national debt. (He didn’t say what would happen to the remaining 60 percent.)What is Trump actually trying to accomplish? He has promised to cut the national debt, though critics say his plans for sweeping tax cuts and more would aggravate the nation’s fiscal burden.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Alexander Brothers Face More Lawsuits Accusing Them of Sexual Assault

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      Tal Alexander and Oren Alexander, once top real estate brokers, and their brother Alon Alexander are currently in jail awaiting trial on federal sex-trafficking charges.Eleven more women have filed lawsuits against one or more of the Alexander brothers, the once high-flying trio who are facing multiple accusations of sexual assault in both civil and criminal court.Tal Alexander and his brothers, Oren Alexander and Alon Alexander, who are twins, are now facing at least 17 lawsuits from women who say they were sexually assaulted by one or more of them and, in some instances, drugged. The latest lawsuits, filed in a bundle in New York on Tuesday, include accusations of assault in Miami, Manhattan and even Moscow.The women’s claims are now part of a growing maze of sexual assault allegations against the brothers who were arrested in December in Miami Beach on federal sex-trafficking charges. Currently jailed in New York, they are scheduled to go to trial early next year.All three men have pleaded not guilty.Jenny Wilson and Richard Klugh, lawyers for Oren Alexander, said in an emailed statement that their client “has never raped anyone and he has never drugged anyone.”“These belated allegations should be seen for what they are — a last-ditch money grab barred by state law. Oren will establish his innocence of this concerted attack driven in every instance by financial objectives,” they said.Lawyers for Tal Alexander and Alon Alexander did not immediately respond to requests to comment on Tuesday’s legal filings.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Desi Arnaz Historical Marker Celebrates the ‘I Love Lucy’ Star in Miami Beach

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      A new historical marker in Miami Beach pays tribute to his younger years, before Hollywood, when as a Cuban émigré he performed at a nightclub.Years before he played the charming and devoted husband Ricky Ricardo on the sitcom “I Love Lucy” and became a bandleader who belted out “Babalú” before audiences, Desi Arnaz was a teenage Cuban immigrant who struggled to learn English in Florida.He attended a Catholic school in Miami Beach, picking up the guitar and the conga drum. And he was eventually hired as a bandleader at a nightclub where he popularized the conga.Nearly 90 years after that first big break, Miami Beach honored him on Tuesday with a historical marker that was placed near where the nightclub stood. The marker pays tribute to his younger years in the city and celebrates him for paving the way for generations of Latino entertainers.“He was not only a pioneer for Cubans that were coming to the United States but he was a pioneer for the arts in Miami Beach,” said Alex Fernandez, a member of the Miami Beach Commission, the city’s legislative body.Desi, ‘an American Original’Desi Arnaz during a publicity tour to Lucille Ball’s hometown in Jamestown, N.Y., in 1956.Charlotte BrooksThe new marker is at Collins Park outside the Miami City Ballet. It is near the site of the former Park Avenue Restaurant that hosted performances and came to be remembered as the Park Avenue nightclub. The memorial joins an artsy Miami Beach district that includes the Bass Museum of Art and a library.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Travis Scott Arrested After Disturbance on Florida Yacht

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      The rapper, who was charged with trespassing and disorderly intoxication, later admitted he had been drinking alcohol and stated, “It’s Miami.”The star rapper Travis Scott was arrested early Thursday in Miami Beach, Fla., after causing a disturbance on a yacht docked at a marina, according to a police report. He was later released on bond after paying a total of $650 on both charges, local news reported.Mr. Scott, 33, whose real name is Jacques Bermon Webster II, was arrested at 1:44 a.m. on charges of trespassing and disorderly intoxication after the police were called to the marina and told that “people were fighting on the vessel,” according to the report.Once there, officers found Mr. Scott yelling at passengers on the ship. The officers “could sense a strong smell of alcohol coming from the defendant’s breath,” the report said; they led him down a dock and toward a boardwalk, with Mr. Scott walking backward and yelling obscenities along the way.Mr. Scott got into a vehicle that was waiting for him but soon began walking back to the yacht, the report said, in defiance of the officers’ warning to leave the premises. He was then taken into custody.According to the report, Mr. Scott later admitted he had been drinking alcohol “and stated, ‘It’s Miami.’”On Thursday, Mr. Scott posted on social media what appeared to be a doctored image of his mug shot, with sunglasses and earphones added. A spokeswoman for the rapper did not immediately respond to a request for comment.Mr. Scott is one of the most popular rappers in music today, with three No. 1 albums and a recent arena tour. His shows have a reputation for an extremely high-energy response from crowds, and in late 2021, 10 fans died as a result of a crowd crush at Mr. Scott’s Astroworld festival in Houston, his hometown.Last year, a grand jury declined to criminally indict Mr. Scott and others involved in putting on the festival. But he and others, including Live Nation, the festival’s promoter, and Apple, which livestreamed the show, have faced civil suits over those deaths. Of those 10 civil suits, all but one have been settled.Kitty Bennett More

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      Why Is Sean Combs the Subject of a Homeland Security Investigation?

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      The department has a division that often directs inquiries into sex trafficking allegations, like those cited in recent lawsuits against Mr. Combs.The raids of Sean Combs’s homes in Los Angeles and the Miami area this week raised a barrage of questions about the nature of the inquiry, which a federal official said was at least in part a human trafficking investigation.The government has said little about the basis for the search warrants, but the raids came after five civil lawsuits were filed against Mr. Combs in recent months that accused him of violating sex trafficking laws. In four of the suits women accused him of rape, and in one a man accused him of unwanted sexual contact. Mr. Combs, a hip-hop impresario known as Puff Daddy and Diddy who has been a high-profile figure in the music industry since the 1990s, has vehemently denied all of the allegations, calling them “sickening.” Officials have not publicly named him as a target of any prosecution.As the civil suits against Mr. Combs illustrate, the term human or sex trafficking has a broader meaning in the law than perhaps the more popularly understood image of organized crime and forced prostitution rings.“Traditionally you think of trafficking as a pimp who has a stable of victims and then is trafficking them in the traditional sense of the word, for money,” said Jim Cole, a former supervisory special agent with Homeland Security Investigations who oversaw human trafficking cases, “but there are lots of forms of trafficking.”The breadth of trafficking investigations has grown with the recent uptick in sexual abuse claims and the use of the internet by traffickers. Homeland Security Investigations often leads such criminal investigations, although the department is most commonly associated with immigration and transnational issues.In the current inquiry, federal investigators in New York have been interviewing potential witnesses about sexual misconduct allegations against Mr. Combs for several months, according to a person familiar with the interviews. Some of the questions involved the solicitation and transportation of prostitutes, as well as any payments or promises associated with sex acts, the person said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      A New Law Would Remove Many Architectural Protections in Miami Beach

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      Lawmakers say preservationists held too much power over decisions on whether buildings should be demolished and what should be allowed to replace them.The oceanfront Eden Roc Hotel is an icon of Miami Modernist architecture, a style that epitomized the postwar glamour and grandeur of Miami Beach. Two turquoise panels wrap the white facade. The oval canister perched atop the building resembles a cruise ship’s funnel. Crooners like Frank Sinatra, Harry Belafonte, and Sammy Davis, Jr., stayed and played there.But a new Florida law could make it easier for hotels like the Eden Roc and other architectural icons along Miami Beach’s coastline to be demolished. The battle pits the pressures of development and climate change against the benefits of historical preservation, in a city that has long paved over its past and prizes the new, shiny, and glitzy.Supporters say the law addresses environmental and safety challenges of aging properties after the deadly 2021 collapse of the Champlain Towers South condo. But critics believe the legislation is a pretext to facilitate the demolition of historical buildings — ones that give Miami Beach its distinct look — to make way for high-rise luxury condos.The new law effectively strips Miami Beach Historic Preservation Board of its long-held power to say whether historic structures can be demolished and, if a structure is knocked down, to ensure that at least some elements of its design are preserved or replicated. “Let’s just bulldoze the past — that’s their idea,” said Daniel Ciraldo, the executive director of the nonprofit Miami Design Preservation League. “I don’t think we’ve seen such an attack on our local controls since the 1980s, back when the city first started to do historic preservation.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More