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Three key figures connected to Donald Trump are at the intersection of two accelerating Justice Department probes seen as the most viable pathways for a prosecution of the former president.    

Special counsel Jack Smith is overseeing what began as two entirely separate cases: the mishandling of classified records at Mar-a-Lago and the effort to influence the 2020 election that culminated in the Jan. 6 attack on the Capitol.      

Several Trump World figures straddle both events, providing prosecutors with what experts say is a potent opportunity to advance both investigations.      

Alex Cannon, Christina Bobb and Kash Patel played different roles in the two sagas, but each has been sought by the Justice Department in the documents dispute and has also been called in by the special House committee, now disbanded, that investigated the Jan. 6, 2021, riot.    

Cannon, a longtime Trump Organization employee, was pulled into campaign efforts to assess voter fraud and then served as a liaison for Trump with the National Archives as officials there pushed for the recovery of presidential records.  

Bobb, a lawyer for Trump’s 2024 campaign, aided in the Trump 2020 campaign’s post-election lawsuits. She later shifted to doing legal work for Trump that culminated in her signing a statement asserting classified records stored at Mar-a-Lago had been returned.   

Patel was chief of staff to the secretary of Defense as the Pentagon was grappling with Jan. 6. Trump also named Patel as one of his representatives to the National Archives upon leaving office, and he was later one of Trump’s chief surrogates in pushing claims that the former president declassified the records in his Florida home.  

It’s unclear whether any of the trio faces significant legal exposure, but their unique positions could be valuable for Smith, who is racing forward with both cases. In recent weeks, Smith has subpoenaed former Vice President Mike Pence and former White House chief of staff Mark Meadows, while securing another batch of materials from Mar-a-Lago.  

“Typically, you don’t have two separate investigations and two separate sets of possible crimes to work with as you’re negotiating. Smith does have that here,” said Norm Eisen, a counsel for Democrats during Trump’s first impeachment who has penned analyses of both cases.     

“For him, it’s like a two-for-one sale. If he cuts a cooperation deal with some of these individuals, he can advance multiple cases at the same time.”     

Patel was granted immunity by a judge and compelled to answer questions in the Mar-a-Lago case after being previously subpoenaed to appear before a grand jury and repeatedly pleading the Fifth. Bobb has also spoken with prosecutors in relation to the case and testified before a grand jury. And the Justice Department is seeking to speak to Cannon about his dealings with the National Archives, The New York Times reported. 

“I think that is a potential fruitful avenue for the Justice Department in these cases,” said Barbara McQuade, a former U.S. attorney under President Obama. “Their overlap in the two cases is very interesting, because you could use criminal exposure in one case to flip them in the other case.”    

Attorneys for Cannon and Bobb did not respond to multiple requests for comment for this story, while a spokesperson for Patel declined to comment. The Trump campaign also did not respond to request for comment.  

To be clear, other figures also may have insight into the two probes, including Meadows and former deputy White House counsel Pat Philbin. Former White House attorney Eric Herschmann is also reported to have warned Trump about holding onto records at Mar-a-Lago.     

Still, the trove of transcripts released by the House Jan. 6 committee offers a window into three figures who, despite diverging paths, became central in the Mar-a-Lago probe. 

Bobb and Patel, who now serves on the board of Trump’s social media enterprise, remain deeply enmeshed with the former president.      

Cannon was most recently employed by Michael Best, a law firm that in December severed its ties with several Trump-connected attorneys, including Stefan Passantino, who represented former aides before the Jan. 6 panel. The firm also allowed contracts with Cannon and former Trump deputy campaign manager Justin Clark to lapse, Bloomberg News reported. 

The firm did not respond to a request for comment.   

Cannon, who was initially hired to work on contracts for the Trump Organization, expressed hesitation during interviews with the Jan. 6 panel about being pulled into working on fraud issues for the campaign as the pandemic brought hotel operations to a trickle.    

“I believe that the only reason I was asked to do this is because others didn’t want to. I have no particular experience with election law or anything. I do vendor contracts,” he told the committee.     

When asked if he found that work undesirable he responded, “I’m sitting here right now. Yes, it’s undesirable.”      

The conversations show Cannon was tasked with evaluating a number of claims from “crazy people,” as he once described it, as well as other claims that dead people may have voted — something he was unable to verify given limitations in voter databases.  

He ultimately relayed those concerns to Pence, recounting to the committee in what would become a brief appearance in a hearing that, “I was not personally finding anything sufficient to alter the results of the election.”      

It was a stance that caught the eye of former Trump adviser Peter Navarro.  

“Mr. Navarro accused me of being an agent of the deep state working … against the president. And I never took another phone call from Mr. Navarro,” Cannon said.     

Bobb, in contrast, made clear in her interview that she believed there was suspicious activity on Election Day that merited review.     

Once a reporter for the far-right One America News, Bobb had come to the network after working as an attorney, including during stints with the Marine Corps. She would later get a master of laws degree from Georgetown, joining the Trump administration at the Department of Homeland Security after graduation.      

While an OAN employee, she volunteered her time to the Trump campaign immediately after the election. The arrangement was approved by the network, though the campaign required her to sign a nondisclosure agreement.     

“There was plenty of evidence to be concerned about fraud,” she said, even if the legal team wasn’t prepared to launch a case on Day 1 following the election. 

“I volunteered and I wanted to look into it because I was concerned about the integrity of my vote, of the country. I think that’s why we all got involved. So I don’t want you to take my statement and say, Christina Bobb said that in the beginning the legal team knew there was no fraud. That’s not what I’m saying. I’m saying there was plenty of reason to believe there could be fraud.”     

Bobb was present in the “war room” at the Willard Hotel on Jan. 6 and was listening in to Trump’s call with Georgia Secretary of State Brad Raffensperger — a discussion she told the panel was “unremarkable.”    

The Jan. 6 committee transcripts indicate Cannon and Bobb had no interaction throughout the litigation process, with Bobb saying they did not connect until after President Biden was sworn in. Bobb told investigators she didn’t speak with Cannon until later, adding nothing more when investigators asked if it was on an unrelated matter.     

Bobb’s role with Trump on the Mar-a-Lago documents picks up where Cannon left off.     

Cannon in February of last year declined Trump’s request to sign a statement indicating all classified material at Mar-a-Lago had been returned because he wasn’t sure the statement was true, according to reporting from The Washington Post.      

Bobb would join the team later, agreeing to sign a declaration given to the Justice Department in June attesting that all sensitive government documents had been returned — with the stipulation that her attestation was “based upon the information that has been provided to me.”     

“The contrast between the two as lawyers speaks volumes,” said Josh Stanton, an attorney with Perry Guha who contributed to a model prosecution memo for the Mar-a-Lago case.  

“Alex Cannon refus[es] to sign a certification that everything had been turned over where he wasn’t able to do himself the diligent work to actually independently verify that, whereas Christina Bobb is in a position where she’s told to sign the certification, and is told that that’s correct, then just goes ahead and signs it anyway,” he said.  

“Whether or not you could actually make out, say, criminal charges against Christina Bobb for signing that certification … it certainly puts her ethically as a lawyer in really hot water,” he added.     

Patel, who spoke to the Jan. 6 committee after being subpoenaed, began his deposition with an opening statement expressing frustration the panel did not think he would be cooperative with its investigation.     

Patel later answered questions during a lengthy interview after noting privilege concerns, but investigators at times seemed baffled by details the former high-ranking Defense Department official could not remember. Patel struggled to recall specifics about some conversations with Trump and demurred when asked about reported plans near the end of the Trump presidency to install him as head of the CIA.    

“I know you guys try to think this is improbable, but I was in one of those positions for a 2-year period of time, approximately, where I had many conversations with the president impacting things that I would only read about or watch in movies,” he said.      

“So, after a certain period of time, they tend to stack up and you just do the mission.”     

Patel largely sidestepped questions on whether Trump should have done more to stop the chaos on Jan. 6, but spoke at length about the process for securing assistance from the National Guard and Trump’s approval for the use of as many as 20,000 troops that day.     

The committee panned Trump’s inaction as dereliction of duty, and Stanton said Patel’s comments could forecast a response should Trump or others face culpability for Jan. 6.  

“Some of the most powerful testimony in the hearings themselves was the sort of hours Trump seemed not to act. And so I think he’s previewing what they’re going to say, which is, ‘Oh, no, I actually did authorize 10,000 or 20,000 National Guard members to be able to respond,’” he said.     

In the Mar-a-Lago probe, Patel repeatedly asserted his Fifth Amendment right during a first appearance before a grand jury.     

“Trump declassified whole sets of materials in anticipation of leaving government that he thought the American public should have the right to read themselves,” Patel told Breitbart News in May.     

“The White House counsel failed to generate the paperwork to change the classification markings, but that doesn’t mean the information wasn’t declassified,” Patel said. “I was there with President Trump when he said ‘We are declassifying this information.’”     

Trump’s attorneys have not directly backed that claim, though it would not be a bulletproof defense should he face Espionage Act charges, as the law deals with those who mishandle “national defense information.”      Biden meets with Polish president in Warsaw 2,100 rail workers to get paid leave in new deal with Union Pacific

The special counsel appears to be ratcheting up the probes in recent weeks, even seeking to pierce the attorney-client privilege of Evan Corcoran, one of Trump’s attorneys in the document dispute, arguing his legal advice may have been given in furtherance of a crime.  

It’s a move observers say should give warning to other attorneys involved in the probe.     

“Any lawyer associated with Donald Trump is at great risk,” Eisen said. “I mean, he’s like a neutron bomb for the legal profession.”  

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Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

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Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

In this photo illustration, iPhone screens display various social media apps on the screens on February 9, 2025 in Bath, England.

Anna Barclay | Getty Images News | Getty Images

Australia on Wednesday became the first country to formally bar users under the age of 16 from accessing major social media platforms, a move expected to be closely monitored by global tech companies and policymakers around the world.

Canberra’s ban, which came into effect from midnight local time, targets 10 major services, including Alphabet‘s YouTube, Meta’s Instagram, ByteDance’s TikTok, Reddit, Snapchat and Elon Musk’s X.

The controversial rule requires these platforms to take “reasonable steps” to prevent underage access, using ageverification methods such as inference from online activity, facial estimation via selfies, uploaded IDs, or linked bank details.

All targeted platforms had agreed to comply with the policy to some extent. Elon Musk’s X had been one of the last holdouts, but signaled on Wednesday that it would comply. 

The policy means millions of Australian children are expected to have lost access to their social accounts. 

However, the impact of the policy could be even wider, as it will set a benchmark for other governments considering teen social media bans, including Denmark, Norway, France, Spain, Malaysia and New Zealand. 

Controversial rollout

Ahead of the legislation’s passage last year, a YouGov survey found that 77% of Australians backed the under-16 social media ban. Still, the rollout has faced some resistance since becoming law.

Supporters of the bill have argued it safeguards children from social media-linked harms, including cyberbullying, mental health issues, and exposure to predators and pornography. 

Among those welcoming the official ban on Wednesday was Jonathan Haidt, social psychologist and author of The Anxious Generation, a 2024 best-selling book that linked a growing mental health crisis to smartphone and social media usage, especially for the young.

Social media platforms have too much power and nothing is being done about it: Niall Ferguson

In a post on social media platform X, Haidt commended policymakers in Australia for “freeing kids under 16 from the social media trap.”

“There will surely be difficulties in the early months, but the world is rooting for your success, and many other nations will follow,” he added. 

On the other hand, opponents contend that the ban infringes on freedoms of expression and access to information, raises privacy concerns through invasive age verification, and represents excessive government intervention that undermines parental responsibility.

Those critics include groups like Amnesty Tech, which said in a statement Tuesday that the ban was an ineffective fix that ignored the rights and realities of younger generations.

“The most effective way to protect children and young people online is by protecting all social media users through better regulation, stronger data protection laws and better platform design,” said Amnesty Tech Programme Director Damini Satija.

Dr. Vivek Murthy: Social media is one of the key drivers of our youth mental health crisis today

Meanwhile, David Inserra, a fellow for free expression and technology at the Cato Institute, warned in a blog post that children would evade the new policy by shifting to new platforms, private apps like Telegram, or VPNs, driving them to “more isolated communities and platforms with fewer protections” where monitoring is harder.

Tech companies like Google have also warned that the policy could be extremely difficult to enforce, while government-commissioned reports have pointed to inaccuracies in ageverification technology, such as selfie-based ageguessing software. 

Indeed, on Wednesday, local reports in Australia indicated that many children had already bypassed the ban, with age-assurance tools misclassifying users, and workarounds such as VPNs proving effective.

However, Australian Prime Minister Anthony Albanese had attempted to preempt these issues, acknowledging in an opinion piece on Sunday that the system would not work flawlessly from the start, likening it to liquor laws.

“The fact that teenagers occasionally find a way to have a drink doesn’t diminish the value of having a clear national standard,” he added.

Experts told CNBC that the rollout is expected to continue to face challenges and that regulators would need to take a trial-and-error approach. 

“There’s a fair amount of teething problems around it. Many young people have been posting on TikTok that they successfully evaded the age limitations and that’s to be expected,” said Terry Flew, a professor of digital communication and culture at the University of Sydney. 

“You were never going to get 100% disappearance of every person under the age of 16 from every one of the designated platforms on day one,” he added.

Global implications

Experts told CNBC that the policy rollout in Australia will be closely watched by tech firms and lawmakers worldwide, as other countries consider their own moves to ban or restrict teen social media usage. 

“Governments are responding to how public expectations have changed about the internet and social media, and the companies have not been particularly responsive to moral suasion,” said Flew. 

“We see similar pressures are emerging, particularly, but not exclusively in Europe,” he added.  

The European Parliament passed a non-binding resolution in November advocating a minimum age of 16 for social media access, allowing parental consent for 13 to 15-year-olds. 

The bloc has also proposed banning addictive features such as infinite scrolling and auto-play for minors, which could lead to EU-wide enforcement against non-compliant platforms.

Pinterest CEO on using AI to reduce social media harms

Outside Europe, Malaysia and New Zealand have also been advancing proposals to ban social media for children under 16.

However, laws elsewhere are expected to differ from Australia’s, whether that be regarding age restrictions or age verification processes. 

“My hope is that countries that are looking at implementing similar policies will monitor for what doesn’t work in Australia and learn from our mistakes,” said Tama Leaver, professor at the Department of Internet Studies at Curtin University and a Chief Investigator in the ARC Centre of Excellence for the Digital Child.

“I think platforms and tech companies are also starting to realize that if they don’t want age-gating policies everywhere, they’re going to have to do much better at providing safer, appropriate experiences for young users.”

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CNBC Daily Open: A Fed rate cut might not be festive enough

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CNBC Daily Open: A Fed rate cut might not be festive enough

An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Friday, Nov. 18, 2016.

Andrew Harrer | Bloomberg | Getty Images

On Wednesday stateside, the U.S. Federal Reserve is widely expected to lower its benchmark interest rates by a quarter percentage point to a range of 3.5%-3.75%.

However, given that traders are all but certain that the cut will happen — an 87.6% chance, to be exact, according to the CME FedWatch tool — the news is likely already priced into stocks by the market.

That means any whiff of restraint could weigh on equities. In fact, the talk in the markets is that the Fed might deliver a “hawkish cut”: lower rates while suggesting it could be a while before it cuts again.

The “dot plot,” or a projection of where Fed officials think interest rates will end up over the next few years, will be the clearest signal of any hawkishness. Investors will also parse Chair Jerome Powell’s press conference and central bankers’ estimates for U.S. economic growth and inflation to gauge the Fed’s future rate path.

In other words, the Fed could rein in market sentiment even if it cuts rates. Perhaps end-of-year festivities might be muted this year.

What you need to know today

And finally…

Researchers inside a lab at the Shenzhen Synthetic Biology Infrastructure facility in Shenzhen, China, on Wednesday, Nov. 26, 2025.

Bloomberg | Bloomberg | Getty Images

U.S.-China AI talent race heats up

When it comes to brain power, “America’s edge is deteriorating dangerously,” Chris Miller, author of the book “Chip War: The Fight for the World’s Most Critical Technology,” told a U.S. Senate Foreign Relations subcommittee last week. It’s a lead that’s “fragile and much smaller” than its advantage in AI chips, he said.

Part of the difference comes from the sheer scale, especially as education levels rise in China. Its population is four times that of the U.S., and the same goes for the volume of science, technology, engineering and mathematics graduates. In 2020, China produced 3.57 million STEM graduates, the most of any country, and far outpacing the 820,000 in the U.S.

— Evelyn Cheng

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CEO of South Korean online retail giant Coupang resigns over data breach

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CEO of South Korean online retail giant Coupang resigns over data breach

Park Dae-jun, CEO of South Korean online retail giant Coupang has resigned, three weeks after the company became aware of a massive data breach that affected nearly 34 million customers.

Coupang

The CEO of South Korean online retail giant Coupang Corp. resigned Wednesday, three weeks after the company became aware of a massive data breach that affected nearly 34 million customers.

Coupang said CEO Park Dae-jun resigned due to the data breach incident — which was revealed on Nov. 18 — according to a Google translation of the statement in Korean.

“I am deeply sorry for disappointing the public with the recent personal information incident,” Park said, adding, “I feel a deep sense of responsibility for the outbreak and the subsequent recovery process, and I have decided to step down from all positions.”

Following his resignation, parent company Coupang Inc. appointed Harold Rogers, the Chief Administrative Officer and General Counsel, as interim CEO.

Coupang said that Rogers plans to “focus on alleviating customer anxiety caused by the personal information leak” and to stabilize the organisation.

Park, who joined the company in 2012, became Coupang’s sole CEO in May, after the company transitioned away from a dual-CEO system.

According to Coupang, he was responsible for the company’s innovative new business and regional infrastructure development, and led projects to expand sales channels for small and medium enterprises, among others.

South Korean companies are known for being “very, very cost-efficient,” which may have led to neglecting areas like cybersecurity, Peter Kim, managing director at KB Securities, told CNBC’s “Squawk Box Asia” Wednesday.

“I think the core issue here is that we’ve had a number of other breaches, not just Coupang, but previously, telecom companies in Korea,” Kim added. “I understand some data companies consider Korea to be [the] top three or four most breached on a data, on an IT security basis in the world.”

Coupang breach a ‘double-edged sword’ for Chinese rivals due to security concerns: KB Securities

South Korean companies have been hit by cybersecurity breaches before, including an April incident at mobile carrier SK Telecom that affected 23.24 million people. The country previously saw one of its largest cybersecurity incidents in 2011, when attackers stole over 35 million user details from internet platforms Nate and Cyworld.

Nate is one of the most popular search engines in South Korea, while Cyworld was one of the country’s largest social networking sites in the early 2000s.

Prime Minister Kim Min-seok reportedly said Wednesday that strict action would be taken against the company if violations of the law were found, according to South Korean media outlet Yonhap.

Police also raided the Coupang headquarters for a second day on Wednesday, continuing their investigation into the data breach.

Yonhap also reported, citing sources, that the police search warrant “specifies a Chinese national who formerly worked for Coupang as a suspect on charges of breaching the information and communications network and leaking confidential data.”

Last week, South Korean President Lee Jae Myung called for increased penalties on data breaches, saying that the Coupang data breach had served as a wake-up call.

— CNBC’s Chery Kang contributed to this report.

How Coupang grew into South Korea's biggest online retailer

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