the answer to that was steven calk. so investigators came across steven calk and these loans as they were investigating paul manafort and found that they were giving him loans that other banks would not. and it's clear now that steven calk had some skin in the game for himself because hep wanted a position within the administration and thought, well, if i lend to the president's campaign manager or the candidate's campaign manager, maybe i'll have a good shot at getting something in that white house if he's elected. >> in the end, what happened? >> he was appointed to the counsel of economic advisers in august of 2016. but he never got a position within this administration. it could be that that would have gone differently if paul manafort had stayed on within the administration, but as we know, he stopped being the campaign manager before trump was even elected. but he ranked his top positions, ali, he ranked secretary of the treasury, of commerce, and even defense, something he had no experience with. and ultimately,

one of the characters coming up is steven calk, ceo of federal savings bank in chicago. he was one of that lended to paul manafort. hard for paul manafort to get money. a time he was trying to keep up his lavish life-style, was in a tremendous amount of debt. in a lot of cases he lied on loan applications. seems that stephen calk knew the truth about the financial situation and helped him lie to the bank. later the bank found out and loans were downgraded. he tried to use it as laid out in the indictment as a way to be able to sway favor and get into the pivotal trump administration when trump was a candidate. he was able to get on the council of economic advisers in 2016 and laid out a list of positions he would like, secretary of commerce, treasury, even the secretary of the army. this didn't go through in part because manafort then came off the campaign after his arrest in 2016, he couldn't curry as much favor. it showed there was pay for play and he was in the middle of it. >> thank you for the reporting on this. julia ainsley, nbc news correspondent. >>> coming up,

calk did not get the job. and, on wall street, oil prices and tech stocks plunged again, and triggered a new sell-off. the dow jones industrial average lost 286 points to close at 25,490. the nasdaq fell 122 points, and the s&p 500 slid 34. all three indexewere down 1%. still to come on the newshour: the trump administration announces billions of dollars for farmers to ease the pain of the trade war. a u.s. citizen who joined ele taliban issed from prison, raising questions of how to handle once-radicalized americans. sitting down with democratic presidential candidate kirsten gillibrand. and, much more. >> woodruff: farmers have been among the americans hardest hit by the united states trade war with china. as william brangham reports, ayth no end in sight, the trump administration tnveiled a second emergency aid plan to offset agriculture losses. >> brangham: the trump administration will spend $16 billion to help farmers impacted by chinese tariffs and this ongoing trade war, topping last year's aid package

you, even in spite of the demolition ordinance coming, that you really consider adjusting the demo calks. thank you very much. >> thank you. any other public comment. okay, general public comment is now closed. >> two things first, on the historic districts, in s b50, a new district would not have been covered, because it is only districts that were registered with the state prior to 2010. you might want to lobby next year on including all historic districts. the second thing is, i kind of agree with ms. shutis, we've been dealing with this legislation for 18 months to two years, and we're getting into iterations of it coming soon, but i would ask that they consider adjusting the demo calks because we keep kicking the can down the road, and who knows when this thing is going to get passed? >> chairman: seeing nothing further, commissioners, we can move on to item 7, case 2015, 000937 cwp, the informational presentation. >> good afternoon, commissioners, nick perry, the department staff. i'm the project manager for the civic center public realm plan, and to share with you all an update. t

calk faces up to 30 years in prison. he pleaded not guilty at an arraignment in a manhattan court on thursday. president trump promised thursday to spend $16 billion to relieve farmers and agribusiness companies who have lost revenue to the growing u.s. trade war with china. speaking to a crowd of farmers and ranchers brought into the white house, trump repeated his false claim that china would reimburse the u.s. for the lolosses. the moveve came as c china's retaliatory terrorists on u.s. vegetables andnd meat prododucts have driven commodity prices to the lowest level in over a decade. president trump is preparing to name former virginia attorney general ken cuccinelli as an immigration czar to oversee the trump administration's hard-line immigration policies, in a new role that won't require senate confirmation. cuccinelli is a climate change denier who ran unsuccessfully for virginia governor in 2013. as a state lawmaker in virginia, cuccinelli authored legislation seeking to force employees to speak english in the w

he once ran an operation that brought 1,700 pounds of calk a month into the district. then he flipped and began helping law enforcement understand the workings of the drug trade. he helped prosecutors convict other dealers. they say that cooperation has turned him -- earned him an early release. not everybody agrees. >> if you would have told me we'd still be talking iout this now, of said you got to be kidding me. it was a done deal. >> that was a police officer who went undercover in the organization in the '80s. the judge has ordered federal prosecutors to get victim impact statements from those affected by edmond'suga deng. >>> also today, an n historicew beginning forshington's catholic church. just hours from now wilton gregory will installed as the seventh archbishop.' he also make history as the first african-american to hold the job. wilton served for the past 14 years as archbishop innt at -- archbishop gregy, i apologize. the ceremony will take place at the basilica of the national shrine of the immatlate concepn in d.c. >>> there will be protests today incl

that's what they were banking on that he had at least connections and could get calk and could get him in the door. >> gates testified that it came through by manafort should talk to this guy. the government charged him with essentially with a variety of financial crimes, right? >> he has been charged with bribery. using a financial institution. >> you are on the white collar crime beat. every time we get one i think but for the random spotlight of the mueller probe, the high intensity long lasting criminal probe, he probably would have walked away with this. >> unfortunately i think that's true. the bank's regulaor didn't even know about this issue until it came up in the press and they went back and looked at the loan and said this is not a great deal. >> this was broken by reporters and not regulators. >> exactly. if the reporters had not brought this up, perhaps they would have gotten through the loan. >> that's amazing that part of it. thank you for being me. >> mazie hirono from the judiciary committee when every elected official is trying to get out of washington. senator, your

trump administration by making risky loans to former trump campaign chairman paul manafort steven calkin new york city on a financial institution bribery charge >> the tsa is preparing for the busiest travel season ever and it kicks off today more than 260 million passengers are expected to pass through security checkpoints at airports for memorial day weekend through labor day. that's about 10 million more passengers than last summer. so get there early and bring a lot of patience. that's the news update this hour kelly, back to you >> thanks very much, sue herr a herrera. >>> here's what's ahead. >> ahead, chipotle downgraded on worries about its pork >>> tesla's troubles continue. why streamers stopped streaming and the song that's become an anthem against the u.s. in the u.s./china trade war ♪ that's all ahead in rapid fire the nature of a virus is to change. move. mutate. today, life-changing technology from abbott is helping hunt them down at their source. because the faster we can identify new viruses, the faster we can get to stopping them. the most personal technology, is tech