Skip to main content

tv   New Day  CNN  November 27, 2017 4:00am-5:00am PST

4:00 am
i love it. that's why you should be a keurig man! full-bodied. are you sure you're describing the coffee and not me? an obama era official suing president trump for nominating nick mulvaney to run the agency. >> it's an agency that needs to be reformed. >> he hates it like the devil hates holy water and they're trying to put an end to it. >> congressman conyers steps down from a key leadership position. >> i'm taking responsibility and i apologize. >> the president digging in his
4:01 am
heels in his support of roy moore. >> if you think winning with roy moore is going to be easy for the republican party, you're mistaken. >> prince harry has announced his wedding engagement to american actress meghan markle people very excited that she will bring this fresh spark into the family. >> this is "new day" with chris cuomo and alisyn camerota. >> good morning. welcome to your "new day". the trump administration facing another legal challenge. this time the issue is who gets to decide the temporary leadership of the nation's top consumer watch dog agency. obama era official set to take of is suing president trump over his pick of budget director nick mulvaney, a long-time critic of the agency. in other news, sexual harassment scandals casting a cloud over capitol hill. senator al franken apologizing again for his behavior. and john conyers giving up
4:02 am
his top post while he undergoes an ethics probe. let's begin with cnn's jessica schneider outside the scene of what could become a showdown at the consumer financial protection bureau. what's happening, jessica? >> reporter: the big question who will be in charge when the bureau opens a little bit later today. all indications are this could be a potential showdown. a source tells cnn that nick mulvaney will be showing up ready to work a little bit later this morning. in a lawsuit filed late last night, the former chief of staff named as acting director but the outgoing director, she says mulvaney is trying to take her rightful spot. president trump now facing a legal battle over who will head
4:03 am
the consumer financial protection bureau. leandra english is suing to stop the president from installing his budget director as head of the watch dog agency, declaring the appointment unlawful and calling herself the rightful director. the lawsuit is seeking legal clarity on on succession protocol within the agency. a source close to mulvaney tells cnn that he will show up for work today at the agency expecting a normal transition rather than a showdown for power. president trump's decision also controversial. mulvaney has been a harsh critic which was created after the global economic crisis in 2008. it is designed to protect consumers from predatory financial institutions. >> it's a wonderful example of how a bureaucracy will function if it has no accountability to anybody. it turns up being a joke. that's what it has been in a sick, sad kind of way. >> reporter: mulvaney also voted to end the bureau, working with the president to roll back some of the agency's power, even slamming the agency before the senate budget committee back in january.
4:04 am
>> they are run by essentially a one-person dictator believes he can't even be fired by the president but for cause. we have created the worst kind of government entity. >> reporter: the tug of war over leadership began friday when richard cordray resigned name leandra english his successor. the president stepped in naming mulvaney as acting director. senator warren is saying the president is overstepping his authority. arguing english is entitled to the position under the dodd-frank wall street reform law which states the deputy director becomes acting director when the top spot becomes vacant. but the white house citing a different law. the federal vacancies reform act, which allows the president to temporarily appoint an acting head to an agency already confirmed by the senate. republicans are applauding mulvaney's appointment. >> i think the president is on good ground here to appoint
4:05 am
somebody under the vacancy statute. it is the most out of control, unaccountable federal agency in washington. >> reporter: while democrats are slamming it as a political move. >> wall street hates it like the devil hates holy water. they are trying to put an end to it. >> reporter: but this morning the top lawyer here at the bureau is siding with the trump administration. mary mclloyd has written a memorandum saying the president has full short to name mulvaney as acting director, saying it is unfortunate mr. cord a decided to hut his phreul cal ambition above consumers with this stunt. director mulvaney will bring a more professional approach to running the cfpb. what happens when both show up?
4:06 am
who exactly will take the helm? >> who gets the parking space, jessica? who gets the parking space? all right. sexual harassment scandals are going on both sides of the aisle. that is gripping washington. it matters. they better find a way to make the system better there. they have to also figure out how to do their job. cnn's suzanne malveaux has that story for us live on capitol hill. suzanne >> reporter: we will see the president back on capitol hill tomorrow starting tomorrow, meeting with senate is republicans to directly push forward for tax reform legislation. this is something that he has promised to get by christmas holiday break. we will see if that happens. a lot of republicans at least hoping they can put some win on the board before the end of the year. this comes at the same time where much of the focus, some people calling it a distraction but others saying very important
4:07 am
focus, on misconduct and allegations of sexual harassment. senator al franken, the democrat from minnesota, being alleged to sexual misconduct before in the senate as well as during the senate. he apologizing over the weekend saying for the first time that he is shocked by this. he is embarrassed. he says he is, however, not going to leave the senate, that he is going to try to regain the trust of those who put him in office. take a listen. >> i am taking responsibility. i've apologized to women who have felt disrespected and to everyone i've let down. i'm cooperating fully with the ethics committee, and i am trying to handle this in a way that adds to an important conversation and to be a better public is servant and a better man. >> reporter: senator franken
4:08 am
says he looks forward to coming back to work. that would be today as they gather at 4:00 on the senate side. you have problems with john conyers, 88-year-old. he was also alleged for settling a sexual harassment suit. he has stepped down from the house judiciary committee as ranking member. but he also says he is not guilty of any of these allegations, that he is looking forward to meeting with the house ethics committee and vindicating his name, as well as his family's. chris and alisyn. >> appreciate it. joining us now are john avlon and gregory. let's start with what's happening when they pull up today. the obvious question, who wins the parking spot. you have a legal battle and a much larger political battle here about what we're going to do for consumers and how we're going to treat the big banks. gregory, how do you see it? >> well, there is a legal showdown that will have to be
4:09 am
resolved. as we were saying this morning, you are going to have a showdown. the president wanted it that way. obviously the agency wanted it that way too. they're each relying on the statute in one case on the part of the agency, but the general counsel is saying that the administration is right to rely on, you know, the vacant clause for federal agencies they can rely on. this is such a polarized agency. has been from the start. you had a financial collapse that gave birth to this agency in the first place about a failure of regulation on the part of the federal government and a financial system that was much smarter and faster than regulators anyway. the candidate said he was going to stand up for the little guy but in the end sided very heavily with those making the case that the previous administration, obama administration, cracked down too harshly and put in place
4:10 am
regulations that hurt businesses rather than help them. and that's where we are today. that's the fight that the president wants. >> what about that, john? for people who aren't familiar with the work of the consumer financial protection bureau, and you heard lindsey graham say this is unchecked power they have. is this important to consumers? this showdown that's happening, will it change people's lives today? >> this is a significant showdown just from the question of executive power. right now you have two people who believe they should rightfully be running the ideas from opposite ends of the spectrum. leandra english has come up from within the organization. and nick mulvaney has voted to a abolish the agency. this organization came about in the wake of the financial crisis as one of the few concrete entities designed to help the
4:11 am
little guy. president trump campaigned against wall street. but the rhetoric hasn't been followed through. it creates questions about who is going to be looking out for consumers. 29 million americans have found relief through this agency to date. the problem with big banks and other folks haven't totally subsided at all. you've got politics, you've got power, ideology. and at the bottom, the consumers who got caught in the cross fire. >> just to answer alisyn's question, this was part of the dodd-frank legislation. it was supposed to be a bundle said protected agency. credit cards, student loans, bank loans all in one place with one ability to oversee. at the same time i was surprised to hear senator graham. you've got to go back and see where he was when they were all trying to find a way out of what
4:12 am
happened in 2008, when they were all trying to say they weren't part of the problem of allowing this crazy prospecting that was going on on wall street. for him to now say this is the least accountable, well, what else did they put in place? nobody went to jail for what they did and continued to do. do you think they forget the lesson of 2008? >> well, first of all, the battle cry about nobody went to jail. there were prosecutors in the justice department that looked at this. this has become argument. i mean, that's the problem with this. just to your point, people forget how both frightening this was because of people being hurt and what it meant to a financial collapse in the country but the answers for how you seek to regulate an industry that both outsmarts and outpaces what government is able to do is what fed a lot of opposition to
4:13 am
dodd-frank generally and the concerns that major banks had with it on compliance, as well as this bureau, which gets the into the ideological fight in washington about what government should do and shouldn't do. but to answer your question, yeah, i don't think lindsey graham or anyone should be flip about taking accountability for what government failed to do to protect people from a credit bubble. and they ought to address an agency that doesn't have enough support in washington and get it to a place that both the public can rely on it and politicians who are democrats and republicans will sign up and say, yeah, we believe in this agency again. that is going to require real quick. >> and they off pay lip service to the agency. they are under cutting agencies that are designed to help consumers. this is a major week for the
4:14 am
trump administration. they're trying to get tax reform done. instead of actively lobbying for that, they will be focused on this. you can't say it is is the wisest use of mulvaney's time given what this administration hopes to accomplish. >> he doesn't have a lot of physical assets in terms on of where to put people. you make a fair point. >> can i ask one quick question. what happens if he just waited? when does the term expire? couldn't he put his own person in there in a year? >> yeah. but it's time. that is a good question.
4:15 am
gregory, john avlon, thank you both very much. so a quick programming note, join us tomorrow night for cnn debate on tax reform. jake tapper and dana bash
4:16 am
moderated debate with tim scott, maee ya cantwell, bernie sanders. what does former congressman barney frank think of the leadership showdown? whom he thinks should be in charge next. is eeeah! ensure high protein. with 16 grams of protein and 4 grams of sugar. ensure. always be you. the toothpaste that helps prevent bleeding gums. if you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. help stop the journey of gum disease. try parodontax toothpaste. ♪
4:17 am
won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™. liberty mutual insurance. us. it's what this country is made of.
4:18 am
but right now, our bond is fraying. how do we get back to "us"? the y fills the gaps. and bridges our divides. donate to your local y today. because where there's a y, there's an us. nahelps protect eyesin blue from damaging blue light, filtering it out to help you continue enjoying your screens. or... you could just put your phones down and talk to each other. [laughing] nature's bounty lutein blue. because you're better off healthy.
4:19 am
we that's why at xfinityic. we've been working hard to simplify your experiences with us. now with instant text and email updates you'll always be up to date. you can easily add premium channels so you don't miss your favorite show. and with just a single word, find all the answers you're looking for. because getting what you need should be simple, fast, and easy. download the xfinity my account app or go online today.
4:20 am
all right. there's a big legal challenge going on in washington. a lawsuit filed by the deputy director of the consumer finance protection bureau. here's what it's about. who should lead the agency? the outgoing head said she should as the director. that's what the statute that establishes the agency says. but the president says, i have the power to decide who runs agencies and i want budget director mcmulvaney in charge. so now you have two people showing up to work. here's what he has said. >> it has been a truly add very saryan relationship by virtue of the fact that they don't need
4:21 am
congress to exist doesn't take seriously the oversight roles. it is a wonderful example of how a bureaucracy will function if it has no accountability to anybody. it terms up being a joke. that's what cfpb has been in a sick, sad kind of way. >> there is a legal issue that will have to get fleshed out. do you want this kind of protection or do you not? it seems the trump administration has made the decision that it should not exist. that's why they want mcmulvaney there. we have the barney frank who helped create the bill. who do you think should run the agency? >> clearly the deputy director.
4:22 am
when we wrote the law and deliberately tried to give it some protection from the normal process, and mulvaney is right about that, the vacancy law was already in the books. we, knowing that was on the book, wrote a different law later. ordinarily the later law that is more specifically tailored to the particular situation, covers it. >> is that reflected in legislative record? by the way, this is a statement against and. i was arguing this was just a definitional thing and it wasn't to deal with this. and you're saying i'm wrong. you did it specifically to give insulation. >> he's wrong by the way, to single out just the consumer group. every bank-regulating agency has some autonomy. it is sensitive politically. you want to keep political interference to a minimum. so the control of the currency and the federal deposit
4:23 am
insurance corporation are run by people who have terms and aren't subject to association. in this case, because we knew that fighting large financial interests on behalf of interesting which will put you in the way every day. here's the key point here. we gave a five-year term, removable by the president only for cause. so the reason we added this piece is this, if you want to have a five-year term, you want to say, well, what happens to the guy who gets hit by a car? is you don't want the autonomy to end. it was to let the five-year term continue for five years, even if there was a problem with the head of the agency physically or some other way. >> here's a bigger concern going on here, which is do we want this kind of protection or not? mick mulvaney is a known critic. it's a question whether he even
4:24 am
thinks it should exist. >> it is simply this. you played a clip from mulvaney talking about how it's out of control, et cetera. in all the years, it has been in existence more than five years now, they do not give one single example of abuse. they talk about an agency out of control, it's a bureaucratic monster. you would think they would say, and here's what they did that was wrong. it created this sort of problem. what is an example of what they did wrong? they have gotten protection from people who were being abused by student loan collectors who the loan wasn't due. they have gone after wells fargo. >> the criticism is this. you know it but i will tee it up for you and you can give your counter argument. they don't listen to anybody.
4:25 am
they put handcuffs on the industry and make lending more expensive because the banks have to price in potential consequence that they are going to get attacked for their lending standards. so it is more expensive for everyone. >> that's a fair point. i would respond the way i just did. if there were examples of the cfpb unfairly going after banks, the banks would have to put up extra money. if you look at the record of the cfpb, it is relevant. not a single criticism of a single action they have taken that say they went too far. the reason i want to give examples is they would then have to defend overcharging on credit cards or abusive student loan collections, et cetera. so the answer is in the first place that the way you avoid cfpb charges, you don't do what wells fargo did. those are things banks should be doing anyway. secondly, it's hard to argue at
4:26 am
the same time the trump administration does that the stock market is at all highs, financial industry stocks have done is very well. but this agency is crippling them. >> but, look, that's the pwebig concern. you wound up being very angry with me. which is not unusual. you're a passionate guy. you are the guys who regulate the industry. you're in charge of all of these, the big banking committee then. and now we see it is starting to erode, the fear we had out of swaeut that you have to watch what the banks do. you have to protect the little guy. the president seems to be saying differently now. he would during the campaign, i'm no friend of wall street, i'll go after him. but now they are trying to remove the shackles, the restraints under the name regulation.
4:27 am
>> first of all, i will tell you my argument was in part, it's not popular but party has a lot to do with it. the fact is republicans were in control of the office from 1995 through 2006. we got unfairly blamed. dick cheney said in 2003 we tried to reform this and barney frank blocked me. i wasn't chairman in 2003, 2004, 2005, or 2006. when we took over in 2007, in the first two years we did do all of these reforms as soon as we had the power. the problem now is that president obama out of office, yes, the trump administration is in the process of trying to weaken it. it is interesting why is he doing this in this unusual way? he is sending the budget director to run it. doesn't it occur to people that the budget director has a couple other things he should be
4:28 am
worrying about. >> selling the bill. continuing resolutions so there's no shutdown. >> shutting down the government. the point is this. they would very much like to weaken the law, but they would need enough votes to beat a filibuster. this is too popular. senator republicans apart trying to undermine this by the legislative process because they know it would be unpopular. they are saying, hey, don't make me go out and vote against wells fargo. that's why they are going at it. you're exactly right. nothing could be more contrad t contradictory to donald trump being friends to the little guy than trying to undermine the most effective agency for the consumer in the financial area we have ever had. >> barney frank, always a pleasure. >> i'm not mad. >> not now. you called me the worst. my father agreed with you. >> i once said in an interview i
4:29 am
loved your father. but i thought he trefped a little bit too much. i said i promise to stop trefping. >> good. good for him. good to have you here. alisyn. >> okay, chris, thank you. michael flynn's legal team is reportedly no longer sharing information with president trump's legal team. does that mean flynn is making a deal with robert mueller? we discuss the signs next. my experience with usaa has been excellent. they always refer to me as master sergeant. they really appreciate the military family, and it really shows. we've got auto insurance, homeowners insurance.
4:30 am
had an accident with a vehicle, i actually called usaa before we called the police. usaa was there hands-on very quick very prompt. i feel like we're being handled as people that actually have a genuine need. we're the webber family and we are usaa members for life. usaa, get your insurance quote today. i'm all about my bed. this mattress is dangerously comfortable. when i get in, i literally say ahh. america loves
4:31 am
the leesa mattress. we have more five star customer reviews than any other mattress of its kind. this bed hugs my body. i'm now a morning person. hello bed of my dreams. discover how leesa's innovative design provides an extraordinary sleep experience. then place your order. we'll ship your leesa mattress right to your door. so you can enjoy a risk-free trial at home. i love my leesa. today is gonna be great. sleep on it for up to 100 nights and love it, or you'll get a full refund. returns are free and easy. order now and get $125 off. plus, a free pillow worth $75. and free shipping too. go to buyleesa.com today. you need this bed.
4:32 am
4:33 am
a source stems cnn that fired national security is adviser michael flynn's lawyers have told president trump's legal team they can no longer share information. the story first reported by the "new york times" suggests that flynn is cutting a deal with robert mueller. let's discuss this with norm eisen, former white house ethics czar and renado mariana, illinois attorney general candidate. great to have you here to help us figure out the latest threads in the russia investigation. norm, i will start with you. if in fact, michael flynn is
4:34 am
cooperating, doesn't that suggest that robert mueller has a bigger fish in mind that he needs michael flynn's cooperation for? >> alisyn, thanks for having me. and it does suggest that he is working his way up the chain. in my years as a criminal defense lawyer before i was ethics czar, i often cut these deals. invariably, alisyn, the prosecutors wanted my client, in order to get cooperation, to flip on somebody up the chain. in this case, that means kushner, don jr., or perhaps the president himself. >> renado, i mean, for a while the thinking was maybe michael flynn was the biggest fish. he is the person with all sorts of russian ties that we had seen on video or in photos. so this has changed the equation.
4:35 am
>> it certainly has. you know, until now, i thought frankly that flynn's legal team assumed they were getting a pardon. the president, you know, obviously felt strongly enough about flynn that he reportedly told james comey he should let the investigation go. so if i was on flynn's legal team, i would have been keeping my fingers crossed for a pardon. obviously something changed. either they thought the president would not issue a pardon for. or a state crime which the president can't pardon. now he is in a situation where he has to, as norm said, help himself by helping mr. mueller. and that means developing, helping mr. mueller develop a case against someone else. >> and he's exactly right. the prosecutors do not give a cooperation deal to someone unless they help them, you know, create a case that is chargeable against someone else.
4:36 am
that's what his goal to be to do. >> norm, that's interesting. i almost forgot about the pardon possibility. he has spoken very highly and favorably. he likes him. he respects him as a general. then you would clam up. if you knew you were getting a pardon you would clam up and not cooperate. what do you think has changed? >> alisyn, bob mueller has applied pressure not just to michael flynn but michael flynn's son who was involved in some of these unridge sterdz foreign agency activities and other matters that create liability. it would be awkward for the president not just to pardon flynn but to pardon his son. i think flynn's lawyer, a very shrewd operator, has figured out the wisest thing to do now, the surest way to protect his client
4:37 am
and his client's son, and that is a common prosecutorial tactic. they made me sweat by going after my client's spouses and kids, that the wisest thing to do now is to take the deal that's in front of him and not count on a pardon that might be uncertain and politically unpopular. >> in fact, that echoes what the former u.s. attorney who was fired by the trump administration just tweeted out this weekend. he says if you're dead to rights, flipping on others and cooperating with the prosecution is the only sane and rational move. also, they accept cooperation only if you can provide substantial assistance higher up in the food chain. stay tuned, dot, dot, dot. so what does substantial assistance look like? >> well, that is a legal term. that's what i was trying to get
4:38 am
it a moment ago where i said you have to create a chargeable case against someone else. so, for instance, let's say mr. flynn tried very hard. he did whatever he could to help the prosecutors, help mr. mueller's team and he didn't succeed in creating a case for them. then that would not be substantial answer. if he told them everything he knew and they said, we aren't able to charge anyone else as a result of what you told us, that would not be stabl assistanubst assistance. he would not get a deal. you have to create a case that results in charges getting filed. >> norm, as you look at the clues being sprinkled like bread crumbs, what is the time frame here? >> alisyn, i once cut a cooperation deal with bob mueller's u.s. attorney office. and i'll tell you, they're not fast. what's happening now most likely
4:39 am
is flynn's lawyer is making what we call a proffer. he was offering to the prosecutors what his client might say. the prosecutors push back. they say you're not telling the whole truth. what about this document? they go back with questions. that can take a while. but mueller likes to move fast. we are looking at weeks to cut this cooperation deal. it could fall apart too. we could all be misleading the team leads. but i don't think that's the case. and so you're looking at weeks of negotiations. >> okay, gentlemen is, thank you very much for all the information. great to see you. >> thanks, alisyn. >> chris? you hear that? the sounds of hearts breaking the world over. prince harry off the market.
4:40 am
what we know about the upcoming royal wedding. when heartburn hits, fight back fast with tums smoothies. it starts dissolving the instant it touches your tongue. and neutralizes stomach acid at the source. ♪ tum -tum -tum -tum smoothies! only from tums but having his parents over was enlightening. ♪ you don't like my lasagna? no, it's good. -hmm. -oh. huh. [ both laugh ] here, blow. blow on it. you see it, right? is there a draft in here? i'm telling you, it's so easy to get home insurance on progressive.com. progressive can't save you from becoming your parents. but we can save you money when you bundle home and auto.
4:41 am
progressive can't save you from becoming your parents. at t-mobile, when you holiday together, great things come in twos. right now when you buy any of this season's hot new samsung galaxy phones, you get a second one free to gift. that's one samsung for you. one to give. t-mobile. holiday twogether. with moderate to severe rheumatoid arthritis? how do you chase what you love do what i did. ask your doctor about humira. it's proven to help relieve pain and protect joints
4:42 am
from further irreversible damage in many adults. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. humira has been clinically studied for over 20 years. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don't start humira if you have an infection. ready for a new chapter? talk to your rheumatologist about humira. this is humira at work.
4:43 am
we that's why at xfinityic. we've been working hard to simplify your experiences with us. now with instant text and email updates you'll always be up to date. you can easily add premium channels so you don't miss your favorite show. and with just a single word, find all the answers you're looking for. because getting what you need should be simple, fast, and easy. download the xfinity my account app or go online today.
4:44 am
it's official. prince harry is engaged to american actress meghan markle. look at this beautiful couple. they will exchange vows next spring. it will be the first wedding between the british royal family and an american in 80 years. joining us is victoria arbiter. great to see. >> good morning. it didn't tend well because she was an american divorcee. at that time that was outrageous. the process led to the queen
4:45 am
becoming the question. she was never expected to be monarch. a different turn of events this time around. >> so harry taking a bride. what does this mean in terms of the cultural precepts of who he is and what he's about is? >> big hearts are broken worldwide because he is the most popular member of the royal family. i think this is the happy ending people have wished for for prince harry. he has been very vocal how he struggled in the years following his mother's death. he poured hesitate heart and soul into the invictus games. it makes such a difference to somebody who is equal, living that same goldfish bowl lifestyle and someone to share all of these events. megan has done a tremendous amount of work on her own basis. i think what she and harry will be capable of will be impressive. >> she's american. she's an actress. tell us about her. >> an actress marrying into the royal family as well.
4:46 am
when you look at her, she ticks the boxes. she is a perfect figurehead for how times have changed within the royal family. >> harry is that way also, though. >> he's impulsive. he is his mother's son. there's been so much speculation, are they engaged, are they not engaged, when is it going to happen. harry is a bit of a loose cannon. i think they make quite a pair. >> what you mean is she is nontraditional. >> right. >> she's american. her mom is african-american. >> she went to catholic school, married to a jewish man. i don't believe she converted. she's divorced. she is an actress. >> the church of england allows divorce. >> now they do. the archbishop had to be asked if he would conduct a wedding in a church for a divorcee. you've got the remember the future king of england, the
4:47 am
future king is a divorcee. so times have changed and expectations have change said. i think that's the most important thing. if this was even 10 years ago, this wedding would have been a no-no. charles, edward, andrew, all dated actresses. they were all told to end those relationships. times have changed. >> okay. so we will talk to you again in an hour what we think the wedding will look like. okay, thanks. >> thank you. >> black friday's digital sales hit record numbers. what about cybermonday? well, that might even be bigger. who says that? chief business correspondent christine romans. she has more now. why might it be the biggest? >> people have money and they're spending it. it is all about online sales. americans are expected to spend $6.6 billion today. that's a record for cyber monday. that is up 16% from last year. it has already been a record-breaking season for online shopping. $5 billion on black friday. nearly $3 billion on
4:48 am
thanksgiving. fewer are actually setting foot in stores is. early estimates show foot traffic decreased 2% so far. but shoppers shifting online is not a new trend. this year physical retailers made big investments on their websites and how they are delivering packages along with very deep discounts. today expect great deals on things like toys, laptops, and shoes. strong online sales are good news for retailers who can grasp a hold of the trend. 2017 has been a brutal year for retail. a profitable holiday season could help flagging sales overall. americans are expected to spend a trillion dollars this year. >> wow. on one level, row pwuflt. but where they are spending their dollars, and the advantages and disadvantages a big part of the story. christine, thank you very much. all right. so it's the oval office meeting that made big headlines. jim comey. the journalist behind an
4:49 am
extensive report gives you details you have not heard and want to next. i just got my cashback match, is this for real? yep. we match all the cash back new cardmembers earn at the end of their first year, automatically. whoo! i got my money! hard to contain yourself, isn't it? uh huh! let it go! whoo! get a dollar-for-dollar match at the end of your first year. only from discover. ...just go to bed." aveeno® positively radiant® overnight facial. get the benefits of a spa facial... ...overnight. aveeno®. "naturally beautiful results®" let's get the lady of the house back on her feet. aveeno®. and help her feel more strength and energy in just two weeks. yaaay! the complete balanced nutrition of ensure with 9 grams of protein and 26 vitamins and minerals.
4:50 am
ensure. always be you. won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™. liberty mutual insurance. if you spit blood you may have gum problems,s and could be on the journey to much worse. try parodontax toothpaste. it's clinically proven to remove plaque, the main cause of bleeding gums. for healthy gums and strong teeth. leave bleeding gums behind with parodontax toothpaste. pain from a headache whcan make this...ld, ...feel like this. all-in-one cold symptom relief from tylenol®, the #1 doctor recommended pain relief brand.
4:51 am
tylenol®. let's get the big guy in place. the ford year end sales event is here. i can guide you in. no, thanks , santa. i got this. santa: uh, it looks a little tight. perfect fit. santa needs an f-150. that's ford, america's best selling brand. hurry in today for 0% financing for 72 months across the full line up of ford cars, trucks and suvs. for a limited time, get an additional $1,000 cash back on top of 0% financing for 72 months. get these exclusive offers during the ford year end sales event. get these exclusive offers the u.s. needs to develop more renewable and clean energy resources because there are limits to the amount of fossil fuels that we can burn.
4:52 am
since 1925, we have depended on diesel generators, burning approximately a million gallons of diesel fuel a year. our mission is to make off-shore wind one of the principle new sources of energy. not every bank is willing to get involved in a "first of its kind" project. citi saw the promise of clean energy and they worked really closely with us, the wind farm will lower power prices. we're polluting the air less. businesses and homes can rely on a steady source of power. block island wind farm is a catalyst- - this will be the first of may off-shore wind farms in the u.s. ("carol of the bells" playing) ♪
4:53 am
(drumsticks clattering) new details emerge about what president trump said in an oval office meeting with two rigs officials hours after he fired fbi director james comey. it is a new report, uncovers top secret information the president shared with russian diplomats. joining us, author of that report, howard bloom, contributing editor for "vanity fair," author of "in the enemy's house." >> nice being here. >> back in may this happened, at the time caused some ripples, but was kind of shut down by the
4:54 am
administration. we moved on. what did we miss? >> well, what we missed really is first what is really done. >> you bring up israel because the substance was he relayed intelligence from the israelis in a supposed private relationship to russians. >> exactly. israel had done a daring commando raid into syria, they bugged a house where a syrian bomber was talking about how to make computers into laptop bombs. he took this intelligence, the israelis overheard it, and they told the americans about it. at first, they had reservations about sharing it with the americans because the israelis were warned by the cia, by the cia, not to pass information onto the trump administration. the israelis decided --
4:55 am
>> hold on. why did they feel that way? >> israel officials were flabbergasted, go to a meeting at cia headquarters before the inauguration, they're told after the meeting is over, cia officers come up to them, said you know, be careful what you pass onto this administration. we feel the russians have their hooks into trump, into the trump administration, to the national security administration, we don't know where it is going to wienld up. israel's first fear is information they could give to the united states would be passed on to the russians and then onto the iranians. >> why are they specifically concerned about the russians, given this is about syria and the dynamic? >> the russians are the allies of the iranians. they feel anything they pass onto russia will end up in the iranian's hands used against israel. israel still decides in the interest of saving lives to go on and tell them about laptop computer bombs. they do this and the united
4:56 am
states puts restrictions on carrying laptops onto planes, britain does the same. in may, the day, 24 hours after comey is fired, the president has a meeting with two russian officials, people who may or may not be the ambassador or foreign secretary, co-conspirators that mueller makes to the administration. he reveals to them that the operation took place. he does not reveal that israel was involved. he said it took place in the city in syria where it happened and it is astonishing. here's a president who railed against hillary clinton for passing on classified information, he rails against leakers. and he is telling this to our adversaries. >> was it classified then? >> yes, it is, it wasn't even given to congress, it was code word information and it was passed on to the russians. >> the explanation was trump didn't know what he was doing, that it was sensitive. >> any explanation of what
4:57 am
really happened is conjecture at this point, the search for truth is the search for better hi po they sees. one can think trump did it because it is part of his personality. knowledge like wealth is only good if you flaunt it. he had to tell the russians on the world stage this is what i know. the other reason might be that the last thing the president hears, he likes to share it with the world. he had gotten a briefing for the meeting about a russian aircraft that had gone down over the sinai, he tells them we have a way of fixing that. the third reason and the reason that robert mueller is investigating at this moment is more prenish us. is he sharing more information with the russians. he began the meeting according to the transcript in "new york times" by saying i had a russian problem but now i got rid of it. he sounded like a mafia don.
4:58 am
>> why do you point out timing between the comey dismissal and relaying of this. >> the timing is bizarre, no american journalists were allowed at the meeting. >> there was a russian journalist. >> there was a russian journalist that took photographs. the only ones were not through an american newspaper. >> in terms of doing this on the heels of comey, do you see it as coincidence or connected? >> coincidence. but the fact that he begins by discussing the elephant in the room, saying i got rid of comey, had a big russian problem, now it is solved, and that doesn't seem to be the case. >> howard bloom, digging deep on something that matters to the american people. thank you very much. >> thank you. there's a lot of news this morning. big headlines. what do you say? let's get after it. lee and dra english filed a lawsuit against the president. >> seeking to block the
4:59 am
appointment to run the agency. >> i think the president is on good ground. >> this is a way to sabotage. >> congressman conyers announced he is stepping down as ranking member on the house judiciary committee. >> i am trying to be a better public servant and a better man. >> republicans called for roy moore to drop out of the race all together. the president seemingly turned to support him. >> i want to be on the side of right when history writes the story. prince harry officially engaje engaged to meghan markle. >> he met his princess over in america. >> this is new day with chris cuomo, allison cammarata. >> good morning. welcome to new day. monday, november 27th. 8:00 in the east. a showdown for control of the top watchdog agency. obama era official handpicked by the director to take the reigns is now suing to block president
5:00 am
trump from installing his pick. budget nick mulvaney as new leader. sexual misconduct taking center stage. congress returning to work. what are they going to do about it. senator al franken apologizing again for his behavior, john conyers giving up his post on judiciary committee, undergoing ethics investigation for harassment claims, he denies the charges, but he did make that settlement. when will they stop. we have it all covered. let's begin with jessica snyder live in washington outside the cfpb. what's going to happen? >> reporter: nick mulvaney is here, given full access to the director's office with cooperation of the staff. he brought donuts for the entire staff. it is set to be a legal show down. that lawsuit filed by lee and dra english. she said

133 Views

info Stream Only

Uploaded by TV Archive on