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Mar 9, 2019
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i thought cohn's testimony would be a boon to the president.s later after he made it, here are the facts. we're not talking about what he said. we're talking about the lies, we're talking about prosecution now, his lawyer who has a russian client and representing him after representing hillary clinton and the hill did a poll. listen to this poll. back in december when he pled guilty, cohn 51% of americans thought he was credible after he testified last week. now only 35% of americans think he's credible. the entire cohn testimony has back fired on the democrats. >> sean: let's go over this because now i believe the beginning of what will be a cascade of transcripts. but, remember, we talked about five buckets. the 302's have yet to be released they will be released. the actual fisa warrant, which we're told the bulk of information is the debunked dossier. then the gang of eight material. what else do we expect is going to be coming and how transformative do you believe this will be? >> i think it's absolutely imperative that the president makes
i thought cohn's testimony would be a boon to the president.s later after he made it, here are the facts. we're not talking about what he said. we're talking about the lies, we're talking about prosecution now, his lawyer who has a russian client and representing him after representing hillary clinton and the hill did a poll. listen to this poll. back in december when he pled guilty, cohn 51% of americans thought he was credible after he testified last week. now only 35% of americans think he's...
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Mar 4, 2019
03/19
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cohn was intel in the house, intel?the senate and then he came to the intelligence committee. >> they said there was corruption and collusion on the part of the president. listen to what they said. >> do you think the president obstructed justice? >> yes, he did. it's very clear the president obstructed justice. >> yes, we have strong evidence of obstruction of justice. of course evidence is not a conclusion, but that's why we conduct investigations. >> and all the lies to cover up the meeting at the trump tower and apparently lies the president participated in. that to me is direct evidence. but there are also abundant circumstantial evidence. >> anyone who says there is no evidence of collaboration, there is plenty of evidence. the question is what kind of full conclusion do we reach, and i'm going to reserve my judgment on that conclusion until we finish our investigation. >> congresswoman, do you think there is evidence that the president committed a crime? >> i do think there is evidence, but like my colleague said
cohn was intel in the house, intel?the senate and then he came to the intelligence committee. >> they said there was corruption and collusion on the part of the president. listen to what they said. >> do you think the president obstructed justice? >> yes, he did. it's very clear the president obstructed justice. >> yes, we have strong evidence of obstruction of justice. of course evidence is not a conclusion, but that's why we conduct investigations. >> and all the...
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Mar 4, 2019
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let's see what gary cohn says. >> what gary cohn cohn says and the white house will say.omfortable to report on something so close to home. that is exactly what you have to do. >> cnn doesn't want to be in the middle of the story but cnn. just last week the government gave up and admitted defeat. it is notable that it took a very long time. if the president did try to interfere he did not succeed. >> great to see you. thank you. >>> we have this just also coming in. we were just talking about before the break talking about democrats launching sweeping new investigations into president trump. we are now learning that the list of trump associates that are being asked for documents as they are getting ready to launch the investigations, that number has grown. we are also learning more detail about what exactly democrats are looking into. what do you have? >> reporter: just moments ago the house judiciary chairman announced the sweeping investigation into allegations of obstruction of justice involving the president, allegations he abused his power in office and allegations t
let's see what gary cohn says. >> what gary cohn cohn says and the white house will say.omfortable to report on something so close to home. that is exactly what you have to do. >> cnn doesn't want to be in the middle of the story but cnn. just last week the government gave up and admitted defeat. it is notable that it took a very long time. if the president did try to interfere he did not succeed. >> great to see you. thank you. >>> we have this just also coming in....
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Mar 20, 2019
03/19
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gary cohn didn't come into the transition till much later. the book is that when news of the anbang meeting, no one knew about it till "the new york times" reported it around january 9th right before the inauguration. gary cohn, reince priebus and steve bannon were shocked when they read about it. and that is if you read the book very closely, that is what it actually says. i'm very aware that gary knew nothing about it in november 16th. but they were shocked. they had all gone into -- they were in transition going into a government with good faith with jared kushner. it's an example, stephanie, of lack of transparency. that's something really important. >> really important. if let's say jared while he was working for his family business was negotiating with anbank for months and months and then trump won, wouldn't it make sense for him to have dinner with a guy from anbang to say i'm out of this now passing the batten. >> but they weren't out of it. at the same time, he had the chinese government officials come and meet not at trump tower. t
gary cohn didn't come into the transition till much later. the book is that when news of the anbang meeting, no one knew about it till "the new york times" reported it around january 9th right before the inauguration. gary cohn, reince priebus and steve bannon were shocked when they read about it. and that is if you read the book very closely, that is what it actually says. i'm very aware that gary knew nothing about it in november 16th. but they were shocked. they had all gone into...
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Mar 14, 2019
03/19
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respect gary cohn a lot and i think he is overstating the case.he white house feels confident about where they are with china negotiations. they're not in a big rush. if they wanted to make a deal next week, they could. it just wouldn't be a good deal. if you look at the stock market, the way the market has behaved, there is a broad expectation that a deal is going to happen. we won't necessarily see additional tariffs on china, there won't be an escalation in a trade war. the deal is just taking longer than some might like. i don't think they are desperate. -- is this as is hard issue for democrats to get their arm around? joel: a little bits, except donald trump has exploded hour trades good deficit to record levels. that's will hurt our economy. agriculturaltates bankruptcies going up because of soybeans. i think gary cohn knows about this. he knows more than me because he has lived in this world. is your measure of whether you think people in ,merica are doing well or not if that is your measure, you are playing it wrong. obama, when he was in
respect gary cohn a lot and i think he is overstating the case.he white house feels confident about where they are with china negotiations. they're not in a big rush. if they wanted to make a deal next week, they could. it just wouldn't be a good deal. if you look at the stock market, the way the market has behaved, there is a broad expectation that a deal is going to happen. we won't necessarily see additional tariffs on china, there won't be an escalation in a trade war. the deal is just...
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Mar 5, 2019
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cohn told kelly, don't call the justice department, we're not going to do business that way. jane mayer joins me now. just another jane mayer exclusive in "the new yorker." you're detailing this relationship with fox news which is significant and only last night the president was doubling down with sean hannity, amid new scrutiny of his ties to fox news in your piece. what is the import here? aside from the fact that i inappropriately ordered the pressuring of the justice department to block a major merger. >> the question is, is the president -- has he been abusing his power to help his friends rupert murdoch, the mogul over at fox, and to hurt his enemies, the people at cnn. this was an order from the president to his top economic adviser in the white house to block a deal, a very major, multibillion dollar corporate deal. if they blocked the deal it was going to hurt cnn and help fox. it seems like he's trying to punish his enemies and help his friends by using the u.s. justice department. >> another thing you cite in this story is that fox killed the stormy daniels story,
cohn told kelly, don't call the justice department, we're not going to do business that way. jane mayer joins me now. just another jane mayer exclusive in "the new yorker." you're detailing this relationship with fox news which is significant and only last night the president was doubling down with sean hannity, amid new scrutiny of his ties to fox news in your piece. what is the import here? aside from the fact that i inappropriately ordered the pressuring of the justice department...
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Mar 16, 2019
03/19
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we'll take that up with gary cohn next. stay with us. ♪ it's nice. ♪ you got this! ♪ woo! how you live, what you love. that's what inspired us to create america's most advanced internet. internet that puts you in charge. that protects what's important. it handles everything, and reaches everywhere. this is beyond wifi, this is xfi. simple. easy. awesome. xfinity, the future of awesome. lou: on wall street today, stocks moving higher. the dow rallies. volume on the big board picking up on a friday. 3.9 billion shares. the s & p gaining 3. the nasdaq up 4%. can that be right? crude oil up 4%. we are talking $59 a barrel. silver gaining a percent. what's going on with the metals? what's happening? listen be to my report coast to coast on the salem radio network. i said what's happening. to let us know what's happening fox business contributor, gary, good to have you here. it's a signal moment it seems in the moment. let's start with equities. >> just watch technology stocks. they have been leading the market up and down forever. what hasn't happened is some of the big, big na
we'll take that up with gary cohn next. stay with us. ♪ it's nice. ♪ you got this! ♪ woo! how you live, what you love. that's what inspired us to create america's most advanced internet. internet that puts you in charge. that protects what's important. it handles everything, and reaches everywhere. this is beyond wifi, this is xfi. simple. easy. awesome. xfinity, the future of awesome. lou: on wall street today, stocks moving higher. the dow rallies. volume on the big board picking up on...
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Mar 15, 2019
03/19
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we'll take that up with gary cohn next. stay with us. pay for what i need.or what you need. liberty. liberty. liberty. liberty. ♪ (bird chirping) lots to do, hope you fuelled up. sure did. that storm sure ripped through. yep, we gotta fix that fence and herd the cattle back in. let's get at it. (whistle) (dog barking) (♪) this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. lou: on wall street today, stocks moving higher. the dow rallies. volume on the big board picking up on a friday. 3.9 billion shares. the s & p gaining 3. the nasdaq up 4%. can that be right? crude oil up 4%. we are talking $59 a barrel. silver gaining a percent. what's going on wit
we'll take that up with gary cohn next. stay with us. pay for what i need.or what you need. liberty. liberty. liberty. liberty. ♪ (bird chirping) lots to do, hope you fuelled up. sure did. that storm sure ripped through. yep, we gotta fix that fence and herd the cattle back in. let's get at it. (whistle) (dog barking) (♪) this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service...
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Mar 16, 2019
03/19
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we'll take that up with gary cohn next. stay with us. driver: sir, you're a broker.e for online equity trades? um ah, i'll look into it. lisa jones! hey carl, what are you charging me for online equity trades? laughs/umm.. and do i get my fees back if i'm not happy? like a satisfaction guarantee? ugh. schwab! oh right, i'm calling schwab. thanks, carl! (click). wait, lisa! lisa... are you getting low costs backed by a satisfaction guarantee? if not, talk to schwab. a modern approach to wealth management. to be nobody but yourself in a world which is doing it's best to make you everybody else... ♪ ♪ means to fight the hardest battle, which any human being can fight and never stop. does this sound dismal? it isn't. ♪ ♪ it's the most wonderful life on earth. ♪ ♪ but i can tell you liberty mutual customized my it's the most wonderful life on earth. car insurance so i only pay for what i need. oh no, no, no, no, no, no, no... only pay for what you need. liberty. liberty. liberty. liberty. ♪ this is moving day with the best in-home wifi experience and millions of wifi hots
we'll take that up with gary cohn next. stay with us. driver: sir, you're a broker.e for online equity trades? um ah, i'll look into it. lisa jones! hey carl, what are you charging me for online equity trades? laughs/umm.. and do i get my fees back if i'm not happy? like a satisfaction guarantee? ugh. schwab! oh right, i'm calling schwab. thanks, carl! (click). wait, lisa! lisa... are you getting low costs backed by a satisfaction guarantee? if not, talk to schwab. a modern approach to wealth...
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Mar 2, 2019
03/19
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KQED
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i'm scott cohn. we'll have the story coming 3w4r57 . >>> the gross reindust got a bit of a surprise today. amazon is reportedly making a big push into that business with plans to open a dozen food stores in several cities. and you can see when theews ossed midday. kroger shares fell sharply. deidre bosa has more on what amazon may be considering. reporter: amazon may be getting deeper into the grocery business. a$650 billion market in the s. the e-commerce giant is planng to launch a new chain ofry gro stores, adding to its portfolio whole food the report says that amazon is anning dozens of these stores across the country and the first will open in los angeles as early as 2019. amazon has been experimenting with online groceries for over a decade. es 2017 purch of whole foods was a major step into the ick-and-mortar format and it has fther expanded its physical footprint with amazon go, a cashierless concept. shares of food retailers like kroger, target and walmart, they all moved lower on the news
i'm scott cohn. we'll have the story coming 3w4r57 . >>> the gross reindust got a bit of a surprise today. amazon is reportedly making a big push into that business with plans to open a dozen food stores in several cities. and you can see when theews ossed midday. kroger shares fell sharply. deidre bosa has more on what amazon may be considering. reporter: amazon may be getting deeper into the grocery business. a$650 billion market in the s. the e-commerce giant is planng to launch a...
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Mar 4, 2019
03/19
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been telling cohn to get this lawsuit filed. i've mentioned it 50 times and nothing has happened. i want to make sure it's filed. i want that deal blocked. we don't have to remind everybody the president's an mouse towards cnn. that's been on display for the last several years now, but the fact it might rise to the level intervening between two giant corporations. i really illustrates the extent in which the president may have wanted to go to cause a lot of discomfort. you heard manu talking about these congressional investigations. this is potentially an area that congress may want to look at and the house intelligence committee chairman adam schiff noted as much in a tweet that he posted earlier today. to carry out his vendetta against the press. he is attack td taz enemy of the people. congress must find out by seeking to interfere in a merger or raising postal rates on amazon. that reference to amazon.com. the shipping giant of products all over the world. vents his frus traces on amazon. he would go after the post, which is
been telling cohn to get this lawsuit filed. i've mentioned it 50 times and nothing has happened. i want to make sure it's filed. i want that deal blocked. we don't have to remind everybody the president's an mouse towards cnn. that's been on display for the last several years now, but the fact it might rise to the level intervening between two giant corporations. i really illustrates the extent in which the president may have wanted to go to cause a lot of discomfort. you heard manu talking...
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Mar 3, 2019
03/19
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and if roy cohn was donald trump's mentor. he was like a second father, a second father to donald trump. and so i was is so excited to be next to him. he said he's worked for four years in his townhouse in new york with 14 other lawyers. what did he learn about donald trump. he said donald trump was one of his major clients. and what was it all about? it was about not paying. that was all he did. trump didn't want to pay if the bill was legitimate. he didn't care. he wanted to prolong it. lawsuit9? he didn't care. he would prolong it over years. that was donald trump. well, i'd heard all these rumors about trump, you know, bribes and trump. so i wanted to know were there any bribes. did roy cohn take bribes, is that what he did. and this man kind of laughed, and he said, you don't bribe. if you bribe, you may go to jail. you do favors. i said, what do you mean by favors? and he said, you know, roy did all the work for the gambino mob family, and he did it for free. so whenever, so whenever roy needed a favor, he'd just call th
and if roy cohn was donald trump's mentor. he was like a second father, a second father to donald trump. and so i was is so excited to be next to him. he said he's worked for four years in his townhouse in new york with 14 other lawyers. what did he learn about donald trump. he said donald trump was one of his major clients. and what was it all about? it was about not paying. that was all he did. trump didn't want to pay if the bill was legitimate. he didn't care. he wanted to prolong it....
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Mar 14, 2019
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. >> his roy cohn. >> his roy cohn. and he said it -- he started trashing jeff sessions, who was nothing but loyal. nothing but loyal. >> got to give him that. >> got to give him that. whatever you have to say about jeff sessions, he was a complete loyalist. he delivered every policy issue that donald trump wanted. his sin, his sin was recusing himself from the mueller probe and not protecting the president. and we watched matthew whitaker make public statements as an analyst on cnn that sure sounded like auditioning for the job by saying i will be the one to throw myself on top of a grenade for you. >> there you have it. josh, if this grenade goes off, if nadler is right, based on your knowledge of this situation then what? >> well, i think the big question becomes whether this is part of the kind of thing that spurs the judiciary committee, which nadler is heading, to move more strongly in the direction of an impeachment, a formal impeachment inquiry or impeachment itself. it was just 24 hours ago it seemed like nadle
. >> his roy cohn. >> his roy cohn. and he said it -- he started trashing jeff sessions, who was nothing but loyal. nothing but loyal. >> got to give him that. >> got to give him that. whatever you have to say about jeff sessions, he was a complete loyalist. he delivered every policy issue that donald trump wanted. his sin, his sin was recusing himself from the mueller probe and not protecting the president. and we watched matthew whitaker make public statements as an...
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Mar 5, 2019
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the president says to john kelly with gary cohn in the office and here's the quote "i've been tellingary to get this lawsuit filed and nothing's happening. i mentioned it 50 times." probably 50 times. okay. "and nothing's happened. i want to make sure it's filed. i want that deal blocked." i laugh at the 50 times. but obviously making a serious point. if it's saying that it's something he had pounded the table on and put pressure on someone to do. how significant is that exchange in that context? >> it's a clear abuse of power. >> if cohn or kelly will confirm this on the record perhaps under oath it's a clear abuse of power. it's not only unethical. it moves into this realm of abuse of power that the democrats are going to be very interested in. we've already heard today several top house democrats say they are interested in this, per concerned about this, and they want to get to the bottom of it. >> elie, tonight the chairman of the judiciary committee, who could be investigating this, said to me that it was an abuse of power. i don't want to talk about an impeachable act or not an
the president says to john kelly with gary cohn in the office and here's the quote "i've been tellingary to get this lawsuit filed and nothing's happening. i mentioned it 50 times." probably 50 times. okay. "and nothing's happened. i want to make sure it's filed. i want that deal blocked." i laugh at the 50 times. but obviously making a serious point. if it's saying that it's something he had pounded the table on and put pressure on someone to do. how significant is that...
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Mar 8, 2019
03/19
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trump appoints gary cohn. he leaves goldman sachs. and gary cohn is going to have exactly one job.ewrite of the tax laws that will profoundly affect goldman sachs. what does goldman sachs do as gary walks out the door? they hand him nearly a quarter of a billion dollars. it's a gift. they don't have to. >> is it legal bribery? >> i think of it as a pre-bribe. >> pre-bribe? >> yes. so then gary goes out and guess what he does. he writes a tax law and manages to help ramrod it through that benefits goldman sachs to the tune of, oh, a quarter of a billion dollars in the first go around. and then it's the gift that keeps on giving. >> what you're saying makes sense and we have such ripe targets i think people could understand what you're pointing to. but what does it mean for the democratic party if this was also how obama and clinton ran the treasury? would you be a fundamental break with that is the question. >> the problem -- i have written the biggest anticorruption bill since watergate. because we have a fundamental problem in washington. and understand it's a problem that predate
trump appoints gary cohn. he leaves goldman sachs. and gary cohn is going to have exactly one job.ewrite of the tax laws that will profoundly affect goldman sachs. what does goldman sachs do as gary walks out the door? they hand him nearly a quarter of a billion dollars. it's a gift. they don't have to. >> is it legal bribery? >> i think of it as a pre-bribe. >> pre-bribe? >> yes. so then gary goes out and guess what he does. he writes a tax law and manages to help...
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Mar 5, 2019
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gary cohn was what, number two at goldman sachs. mean, for the president to put him in that position, if this is true, it's -- i mean, neal, george conway, obviously, husband of kellyanne conway and frequent tweeter against the president said if "the new yorker" report is true, this could be grounds for impeachment on the basis that the president by working to stop the merger was basically trying to interfere with the first amendment. >> yeah, george is 100% right, as is jeff toobin. what trump is basically doing is bringing back king george iii, not just on his odious views of race and so on, but on the most fundamental value we face, which is free speech. that's the heart of our democracy. and this isn't like some antitrust technical thing. the allegation in this new yorker piece is that the president isolated cnn because hep didn't like their speech. that's what despots do. that's what people like putin do. and jeff's absolutely right. the core of impeachment, historically, if you look at the ratification debates is all about abu
gary cohn was what, number two at goldman sachs. mean, for the president to put him in that position, if this is true, it's -- i mean, neal, george conway, obviously, husband of kellyanne conway and frequent tweeter against the president said if "the new yorker" report is true, this could be grounds for impeachment on the basis that the president by working to stop the merger was basically trying to interfere with the first amendment. >> yeah, george is 100% right, as is jeff...
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Mar 19, 2019
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gary cohn had to sell out of his goldman sachs shares and had to agree to have no communication with two years with executives at the firm at the lloyd blankfein level. where jared kushner didn't divest and then inside the white house meets with lloyd blankfein, who is involved in the cadre investment? >> this is a question -- i mean, they're not -- they were not appointed to a government position, these are not senate-confirmed positions. they have the office of ethics said that this arrangement they came up with was satisfactory. but there are still a lot of questions. and house democrats, if you go through the 81 document requests they made to people in the white house and in trump world, 52 out of those 81 document requests asks for information and documents that ivanka trump's ties, foreign governments and her business interests. >> so why does gary cohn -- >> the democrats are looking at emolument questions. >> but why did gary cohn and dina powell have to say out of their shares of goldman sachs, their former employer, and fully invest, but jared and ivanka don't. they're all
gary cohn had to sell out of his goldman sachs shares and had to agree to have no communication with two years with executives at the firm at the lloyd blankfein level. where jared kushner didn't divest and then inside the white house meets with lloyd blankfein, who is involved in the cadre investment? >> this is a question -- i mean, they're not -- they were not appointed to a government position, these are not senate-confirmed positions. they have the office of ethics said that this...
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Mar 5, 2019
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>> well, are you talking about cohn or the president?ould the president be saying that kind of thing -- >> should he be saying stop this merger? >> yeah. >> yeah, i don't think the issue is whether or not a president takes a position on a merger. i think it's the why. >> yes. >> that is of more relevance. >> exactly. >> and that may be harder to pick apart for a person. but, again, i think he made clear in the campaign that he was going to take this position. do i think that was a good idea? well, no. i'm a conservative, and i look at antitrust as a very handsoff approach, and i think he was being very aggressive here and inappropriately. >> but, lauer, it's all about the why. why would he have said it about the gain? every time he said it when you look at it contextually, is because he was pissed off at cnn? there was an obvious personal animus. >> he didn't just mention it in the campaign. he also issued a press release from the campaign saying that president trump would never allow this particular merger to go forward. and the answer
>> well, are you talking about cohn or the president?ould the president be saying that kind of thing -- >> should he be saying stop this merger? >> yeah. >> yeah, i don't think the issue is whether or not a president takes a position on a merger. i think it's the why. >> yes. >> that is of more relevance. >> exactly. >> and that may be harder to pick apart for a person. but, again, i think he made clear in the campaign that he was going to take...
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Mar 5, 2019
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>> if cohn or kelly will confirm this on the record perhaps under oath it's a clear abuse of power.hical. it moves into this realm of abuse of power that the democrats are going to be very interested in. we've already heard today several top house democrats say they are interested in this, per concerned about this, and they want to get to the bottom of it. >> elie, tonight the chairman of the judiciary committee, who could be investigating this, said to me that it was an abuse of power. i don't want to talk about an impeachable act or not an impeachable act. would it be an impeachable act? anything could be legally. >> i look at it from a criminal perspective contradiction it be obstruction of justice? it could would not be your textbook obstruction of justice case. but if you break it down it would be. first of all it's an attempt. didn't succeed in blocking the merger. what it leads to is corrupt intent. it would be an abuse of power. it's corrupt intent if you're asking out of personal or political animus. >> which he was. not liking cnn and not liking its coverage. >> he's made
>> if cohn or kelly will confirm this on the record perhaps under oath it's a clear abuse of power.hical. it moves into this realm of abuse of power that the democrats are going to be very interested in. we've already heard today several top house democrats say they are interested in this, per concerned about this, and they want to get to the bottom of it. >> elie, tonight the chairman of the judiciary committee, who could be investigating this, said to me that it was an abuse of...
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Mar 4, 2019
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"the new yorker" reports the president ordered former economic adviser gary cohn to block the merger between at&t and time warner then the parent company of cnn. the president is quoted as saying "i've been telling cohn to get the lawsuit filed and nothing's happened. i mentioned it 50 times and nothing's happened. i want to make sure it's filed. i want that deal blocked." as to whether the president ordered gary cohn to try to block that merger between at&t and time warner, the white house has not responded to a slew of questions from cnn about this. and earlier today, the president was not asked about it in those couple of photo opportunities. there was no white house briefing today. so there was no opportunity to ask sarah sanders, the press secretary, about any of this. but getting back to the judiciary committee's investigation into trump world, that is just beginning. as some of the targets of that probe with receiving notification from the panel seeking these documents. i talked to one of those targets earlier today. this target of the nadler investigation told me that one les
"the new yorker" reports the president ordered former economic adviser gary cohn to block the merger between at&t and time warner then the parent company of cnn. the president is quoted as saying "i've been telling cohn to get the lawsuit filed and nothing's happened. i mentioned it 50 times and nothing's happened. i want to make sure it's filed. i want that deal blocked." as to whether the president ordered gary cohn to try to block that merger between at&t and time...
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for "nightly business report," scott cohn, arlington, virginia. >>> and before we go, a final look at the dayknd the w on wall street. both strong. the dow rose 138 points. nasdaq, technology continues to be the leader thisweek. it climbed by 57 points. the s&p added for the week all three of those major averages were solidly higher. for the nasdaq and the s&p, this was their best week of the year 2019ar in >>> that is it for "nightly business report" for tonight. thank you so much for watching as always. e want to remind you that this is the time of year your public seeks yourstati support and we do thank you for that support. have a great weekend, everybody. we'll see you >> this is "bbc world news eserica." funding of this tation is made possible by the freeman foundation, and kovler foundation, pursuing solutions for america's neglected needs. >> wow, that is unbelievable. ♪ >> i'm flying! ♪ >> stay curious. ♪
for "nightly business report," scott cohn, arlington, virginia. >>> and before we go, a final look at the dayknd the w on wall street. both strong. the dow rose 138 points. nasdaq, technology continues to be the leader thisweek. it climbed by 57 points. the s&p added for the week all three of those major averages were solidly higher. for the nasdaq and the s&p, this was their best week of the year 2019ar in >>> that is it for "nightly business...
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and all of this is in stark contrast from what we used to hear from him. >> michael cohn, you told me day one he's going to win. >> i did. >> you never had a doubt? >> because i know mr. trump. i stood by him shoulder to shoulder for the past decade. i've seen him in action. i know when donald trump wants something, there's nothing that will stop him from achieving his goal. >> ever since that day he knows i have the same kind of crazy fight in me that he has in him. >> michael cohen is now suing his former client for nearly $2 million in what he says are unpaid legal fees. and joyce vance, this really has turned to the credibility of michael cohen, because there are now real clippers about whether he was telling the truth when he talked to the committee just last week or the week before. my sense of time is completely lost. i think it was the week before last, and said that he did not discuss a pardon with the president. the president final slimed to acknowledge it on friday. what's your view of whether he's in continued jeopardy? >> the problem that michael cohen has is not an unusu
and all of this is in stark contrast from what we used to hear from him. >> michael cohn, you told me day one he's going to win. >> i did. >> you never had a doubt? >> because i know mr. trump. i stood by him shoulder to shoulder for the past decade. i've seen him in action. i know when donald trump wants something, there's nothing that will stop him from achieving his goal. >> ever since that day he knows i have the same kind of crazy fight in me that he has in...
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what do you make of gary cohn's comments. >> i think history agrees with gary cohn.person september for maybe peter nova rono vairnavarro thinks the a good idea. tariffs have never worked. the republicans used to be the free traders. i don't understand why we think this is a good idea. i know we have to deal with the chinese. i don't think this is the way to deal with the chinese. cheryl: interesting. again, xi-jinping is under a lot of pressure from his own government. they're trying to protect their interests including this made in china 2025 initiative. let's talk about the other big market sorry, that's boeing. the stock is down half a percent this morning. we've seen billions of market cap lost on boeing and worries about the aircraft flying and now it's grounded in the u.s. that has been a bit of a drag on the dow. do you see this as a long-term problem for the market? >> not for the market, no. i do see it as a long-term problem for boing. the short-term -- for boeing. this appears to be a software glitch. it appears to be a stall mechanism that maybe or may n
what do you make of gary cohn's comments. >> i think history agrees with gary cohn.person september for maybe peter nova rono vairnavarro thinks the a good idea. tariffs have never worked. the republicans used to be the free traders. i don't understand why we think this is a good idea. i know we have to deal with the chinese. i don't think this is the way to deal with the chinese. cheryl: interesting. again, xi-jinping is under a lot of pressure from his own government. they're trying to...
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cohn told a source there was pressurethe merger. at&t declined to comment.'s go to the cnn things first, the merger that was upheld by a federal appeals court, by the way. according to your reporting is this the way things went by gary cohn basically saying, gary, make sure these things don't go forward? >> i was laughing a little when you were reading the piece, it's an interesting piece but there's nothing read to me that was terribly surprising. i don't know that anyone who didn't know that trump was not pushing to stop the merger. it was fairly well known inside the white house and the independent deidea that he pressured cohn to stop the merger is not surprising. he did it with amazon. he doesn't understand why he can't unilaterally use his power to punish them. the president watches literally now anywhere from two to four hours of fox news a day. if you look at his tweets, the people he cites as evidence of his support or new ideas is about 80% fox news hosts. he hired bill shine, who is essentially producing much of fox news to produce the presidency
cohn told a source there was pressurethe merger. at&t declined to comment.'s go to the cnn things first, the merger that was upheld by a federal appeals court, by the way. according to your reporting is this the way things went by gary cohn basically saying, gary, make sure these things don't go forward? >> i was laughing a little when you were reading the piece, it's an interesting piece but there's nothing read to me that was terribly surprising. i don't know that anyone who didn't...
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i would also say we just learned this thing about the order to cohn now. not everything leaks at the time it's happening. great to have you both. >>> next, democrats take the first real steps towards potential impeachment launching an extensive investigation of the president and the people around him, from donald trump jr. to the nra. congressman ted lieu on who his judiciary committee wants to hear from and why, in two minutes. hear from and why, in two minutes. why are all these business owners so excited? we're going to comcast. it's ahead of the game, ahead of the curve. comcast business is for me. it's switch and save days at comcast business. right now, get fast, reliable internet for $49.95 a month and save $600 a year. just one more way we take your business beyond. but hurry, switch and save days ends april 7th. i can't wait to go home and tell everyone about it. i just wanna get it right now. guess what i'm gonna do. (laughing) call today. comcast business. beyond fast. >>> today democrats on the house judiciary committee unleashed a sweep, wide
i would also say we just learned this thing about the order to cohn now. not everything leaks at the time it's happening. great to have you both. >>> next, democrats take the first real steps towards potential impeachment launching an extensive investigation of the president and the people around him, from donald trump jr. to the nra. congressman ted lieu on who his judiciary committee wants to hear from and why, in two minutes. hear from and why, in two minutes. why are all these...
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gary cohn, here's a guy who's at goldman sachs, big position there. he joins the trump administration and he basically is going to have one job and that is to try to write and ram through a tax bill. so what does goldman sachs do for gary on the way out the door? answer, they give him, give him about a quarter of a billion dollars on his way out the door. he then takes a job in washington, in the administration, economic adviser. he writes a tax bill that then rewards goldman sachs to the tune of about a quarter of a billion dollars in the first year and then turns out to be the gift that keeps on giving in terms of tax breaks. that is rigging the system. that is corruption right at the heart of this government. you know, you think of how it could even be legal that goldman sachs could offer a pre-bribe to somebody like gary cohn and with this revolving door, never clear to the american people. so is this guy actually working for the taxpayers? is he working for the american public, or is he just lining the pockets of his former and maybe future emplo
gary cohn, here's a guy who's at goldman sachs, big position there. he joins the trump administration and he basically is going to have one job and that is to try to write and ram through a tax bill. so what does goldman sachs do for gary on the way out the door? answer, they give him, give him about a quarter of a billion dollars on his way out the door. he then takes a job in washington, in the administration, economic adviser. he writes a tax bill that then rewards goldman sachs to the tune...
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former nec director gary cohn said the president is desperate for a deal with china.e'll get reaction from kevin rudd. >>> oracle hit with a double downgrade and will report after the bell with adobe, broadcom and ulta beauty first let's check the market lower but we started a little lower still than this and recovered to positive for most of the early part of the afternoon. the dow is exactly flat. s&p down .1% as is the nasdaq. >> mike santoli in the note today said we are jogging in place at the 2019 highs. we'll talk to him, of course, later. >>> new home sales in january sinking. diana olick has more on what that signals for the economy and the housing market, diana. >> reporter: it may just be that consumers are pulling back from those big ticket items this was a surprise, especially given the drop in mortgage rates. sales of newly built homes fell nearly 7% in january compared to december and down over 4% annually according to the census this as the average rate on the 30-year fixed fell over 5% in november to 4.5% in january. the sales numbers based on signed
former nec director gary cohn said the president is desperate for a deal with china.e'll get reaction from kevin rudd. >>> oracle hit with a double downgrade and will report after the bell with adobe, broadcom and ulta beauty first let's check the market lower but we started a little lower still than this and recovered to positive for most of the early part of the afternoon. the dow is exactly flat. s&p down .1% as is the nasdaq. >> mike santoli in the note today said we are...
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i would also say we just learned this thing about the order to cohn now. not everything leaks at the time it's happening. great to have you both. >>> next, democrats take the first real steps towards potential impeachment launching an extensive investigation of the president and the people around him, from donald trump jr. to the nra. congressman ted lieu on who his judiciary committee wants to hear from and why, in two minutes. hear from and why, in t minutes. to c essentials in retirement, as well as all the things you want to do. because when you're ready for what comes next, the only direction is forward. all of you. how you live, what you love. that's what inspired us to create america's most advanced internet. internet that puts you in charge. that protects what's important. it handles everything, and reaches everywhere. this is beyond wifi, this is xfi. simple. easy. awesome. xfinity, the future of awesome. >>> today democrats on the house judiciary committee unleerashed sweep, wide ranging investigation into president trump and his many associates.
i would also say we just learned this thing about the order to cohn now. not everything leaks at the time it's happening. great to have you both. >>> next, democrats take the first real steps towards potential impeachment launching an extensive investigation of the president and the people around him, from donald trump jr. to the nra. congressman ted lieu on who his judiciary committee wants to hear from and why, in two minutes. hear from and why, in t minutes. to c essentials in...
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military duty they will send them to the form climate zone in only in the berlin district of knowing cohn in the past few years it's been mostly syrians who have moved here. one of them is twenty eight year old abdul rahman he fought for the free syrian army and survived several air offenses his foot was injured in an attack and has not since healed. i know i'm injured and i don't have anyone to care for me but my foot still hurts i'm not allowed to walk on it but i still do nothing and has undergone several operations on his foot and is deep in debt he says he's never really been able to integrate in the three years he's been in germany and on the ferry so there's no social life here there's no life here the people are like machines like machines that just work nonstop you can't understand them. to start a family on abdul rahman has decided to leave germany and go back home he already has his niece of four iraq he'll go overland to syria from there he wants to leave when the month is he afraid of being caught or even killed. a few muscles but there's a saying that death comes no matter w
military duty they will send them to the form climate zone in only in the berlin district of knowing cohn in the past few years it's been mostly syrians who have moved here. one of them is twenty eight year old abdul rahman he fought for the free syrian army and survived several air offenses his foot was injured in an attack and has not since healed. i know i'm injured and i don't have anyone to care for me but my foot still hurts i'm not allowed to walk on it but i still do nothing and has...
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when gary cohn -- >> his economic adviser. >> yes, and steve bannon.e transition colleagues heard about this, they were horrified. gary said to him, jared. you realize that from now on, everything you do makes it look as if you are in government purely to enrich yourself. i think that is the appearance of corruption, george. >> gary cohn is quoted several times in the book with quite critical statements including after charlottesville. he has put out a statement saying they have worked well together, continue to be friends to this day. >> that's not saying it didn't happen, did it though, george? >> did he tell you these things? >> i'm a journalist and i protect my sources, but he's not saying it didn't happen, and if i, you know, you could phone gary cohn. >> i think i will. thanks very much. we'll be back with more round table after this. >>> the president is not a white supremacist. i'm not sure how many times i have to say that, and to ask the question every time something like this happens overseas or even domestically to say, it must somehow be t
when gary cohn -- >> his economic adviser. >> yes, and steve bannon.e transition colleagues heard about this, they were horrified. gary said to him, jared. you realize that from now on, everything you do makes it look as if you are in government purely to enrich yourself. i think that is the appearance of corruption, george. >> gary cohn is quoted several times in the book with quite critical statements including after charlottesville. he has put out a statement saying they...
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onheard from gary cohn economics radio overnight, and he said i think the u.s. is desperate right now for an agreement. the president needs a win. the only big open issue he can claim as a big win would be this deal with china. at the same time, bloomberg is reporting it is not going to happen until april, if then. this big summit between president she and -- between president xi and president trump. michael: they have got some of the easy stuff out of the way. china will buy more soybeans, but are they going to change their industrial policies? so far the chinese have not conceded. there are political reasons for that. obviously for xi jinping. it will be hard to get the agreement that donald trump wants. you cannot immediately have a summit meeting. there is a g20 meeting in japan at the end of june, and that is kind of being brooded about as the next possibility for some kind of meeting. if they have one. alix: that will look at the dow and the s&p, permeating that. here is the why. free cash flow as negative as $2 billion. the full-year adjusted now, 50 -- $
onheard from gary cohn economics radio overnight, and he said i think the u.s. is desperate right now for an agreement. the president needs a win. the only big open issue he can claim as a big win would be this deal with china. at the same time, bloomberg is reporting it is not going to happen until april, if then. this big summit between president she and -- between president xi and president trump. michael: they have got some of the easy stuff out of the way. china will buy more soybeans, but...
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since admitted to lying about a trump business deal with moscow in damning testimony before congress cohn claimed it was trump who instructed him to commit those violations and to lie about them. because i know what mr trump is he is a racist he is a con man. and used to cheat so what can we expect now i'm sure it'll be just that none of the revelations amounting to proof that president trump colluded with russia this means trump is likely to be confirmed in his claim that the investigation was a witch hunt but it does not mean trump's legal troubles are over he's also being investigated by the house traditionally committee for possible obstruction of justice. here hundreds of thousands of people have taken to the streets of london to call for a second referendum on. organizers hope to convince lawmakers to back a new public vote on whether britain should follow through on plans to leave the european union today's march is due to conclude outside parliament earlier this week prime minister theresa may and e.u. leaders agreed to postpone bracha to give the u.k. more time to pass a deal. an
since admitted to lying about a trump business deal with moscow in damning testimony before congress cohn claimed it was trump who instructed him to commit those violations and to lie about them. because i know what mr trump is he is a racist he is a con man. and used to cheat so what can we expect now i'm sure it'll be just that none of the revelations amounting to proof that president trump colluded with russia this means trump is likely to be confirmed in his claim that the investigation was...
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since admitted to lying about a trump business deal with moscow in damning testimony before congress cohn claimed it was trump who instructed him to commit those violations and to lie about them. because i know what mr trump is he is a racist he's a con man and he used to cheat so what can we expect now i'm sure it'll be just none of the revelations amount of proof that president trump colluded with russia this means trump is likely to be confirmed in his claim that the investigation was a witch hunt but it does not mean trump's legal troubles are over he's also being investigated by the house judiciary committee for possible obstruction of justice. across europe thousands of people are protesting against a bill to reform european union copyright law the european parliament is scheduled to adopt the controversial legislation next week it would require companies to take steps to stop internet users from uploading copyrighted material but critics of the bill for your overly broad upland filters could block illegal content and restrict free expression online these protesters have gathered he
since admitted to lying about a trump business deal with moscow in damning testimony before congress cohn claimed it was trump who instructed him to commit those violations and to lie about them. because i know what mr trump is he is a racist he's a con man and he used to cheat so what can we expect now i'm sure it'll be just none of the revelations amount of proof that president trump colluded with russia this means trump is likely to be confirmed in his claim that the investigation was a...
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then the parent company of cnn.the president is quoted as saying "i've been telling cohn to get thisuit filed and nothing's happened! i've mentioned it fifty times and nothing's happened. i want to make sure it's filed. i want that deal blocked." (grant) (grant) (grant) (grant) (grant) that was jim acosta reporting...(vicki) some of the targets of the house judiciary committee's investigation into trump world are just beginning to receive notification from the panel. (grant) coming up...more than a thousand live exotic reptiles were found packed into suitcases at an airport in the philippines... the disturbing item that was used to keep them inside their shells.... (vicki) plus... the number of measles cases are rising in the u-s-- and it's only march.. find out how many people are affected... (grant) and up next... you can now fly to hawaii on southwest... how you can get them for a steal after the break... (lawrence) weather tease ♪ ♪ with the chase mobile app, jason wu could pay practically anyone, at any bank, all while putting on a runway show for new york fashion week. ♪ ♪ he c
then the parent company of cnn.the president is quoted as saying "i've been telling cohn to get thisuit filed and nothing's happened! i've mentioned it fifty times and nothing's happened. i want to make sure it's filed. i want that deal blocked." (grant) (grant) (grant) (grant) (grant) that was jim acosta reporting...(vicki) some of the targets of the house judiciary committee's investigation into trump world are just beginning to receive notification from the panel. (grant) coming...
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jail in tokyo where the former nissan boss carlos co h n tokyo where the former nissan boss carlos cohn is being held. it is thought he could walk out on bail, which was set at $9 million by a japanese court —— ghosn. this story is treading on bbc .com. the world's most expensive car has been unveiled at the geneva motor show. worth more than 15 million euros, that's $17 million, and french car manufacturer bugatti revealed its latest design to the media before the event officially kicks off later this week. that's all. stay with bbc world news. and the top story in the uk: the number of young people under the age of 17 who are victims of knife crime in england have nearly doubled in the past three years. now on bbc news, live to singapore for asia business report. ghosn home? the former nissan boss could leave present today, wednesday, after spending almost four months in detention. huawei's legal battles, the finance chief is due in court later. we look at the stand—off between washington and beijing. good morning, asia, hello, world. it is wednesday. glad you could join us for this m
jail in tokyo where the former nissan boss carlos co h n tokyo where the former nissan boss carlos cohn is being held. it is thought he could walk out on bail, which was set at $9 million by a japanese court —— ghosn. this story is treading on bbc .com. the world's most expensive car has been unveiled at the geneva motor show. worth more than 15 million euros, that's $17 million, and french car manufacturer bugatti revealed its latest design to the media before the event officially kicks...
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focus of the hotels in washington miami and she cargo this comes after former trump lawyer michael cohn testified before congress last month that trump gave false financial statements to the. the pound has continued to rally on tourism as agreement with the e.u. last night the british prime minister says secured changes that could help break the deal pos through parliament so they rose by zero point four percent during tuesday trading in asia meaning it's jumped by one point four percent in just two days traders hope the agreement will be enough to sway british lawmakers who have threatened to vote down the deal in a vote later today. that's it from me and the business team you can find local business news stories on our website as to w dot com slash business merrill has all the latest. my first by saying the sewing machine. i come from women are bound by this notion for. something as simple as learning how to ride a bicycle isn't. since i got i want to have a bicycle off my and it took me years to. finally the game bob invented by me and i say this country times the sewing machine sewi
focus of the hotels in washington miami and she cargo this comes after former trump lawyer michael cohn testified before congress last month that trump gave false financial statements to the. the pound has continued to rally on tourism as agreement with the e.u. last night the british prime minister says secured changes that could help break the deal pos through parliament so they rose by zero point four percent during tuesday trading in asia meaning it's jumped by one point four percent in...
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cohn had to sue at&t block the deal. the government did sue. the doj denied there was political interference at all. the deal did go through. because of the reporting, there are new questions about whether trump tried to interfere and abused his power. democrats in the house and senate say they're inve investigating. they want to get ahold of records from the white house and doj about contacts that may have happened. let's talk more about it with the congressman joining me now. great to see you. thank you for being here. what are you requesting, what documents you want to attain? >> good morning. when this was first reported, i asked attorney general sessions directly whether the white house or anyone on the president's behalf reached out to him in connection with the at&t time warner proposed merger. he refused to answer my question. the chairman refused to require him to tdo that. we made requests for documents from the administration with request for documents. we have renewed that request. again asking for any docume
cohn had to sue at&t block the deal. the government did sue. the doj denied there was political interference at all. the deal did go through. because of the reporting, there are new questions about whether trump tried to interfere and abused his power. democrats in the house and senate say they're inve investigating. they want to get ahold of records from the white house and doj about contacts that may have happened. let's talk more about it with the congressman joining me now. great to see...
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and for some reason i did a character of roy cohn. >> jimmy: donald trump's lawyer.an for years, you know? what a character. >> jimmy: he just made you secretary of the interior. wow, that's pretty great. you saved all that old stuff? >> no, it's all burned. >> jimmy: it's funny, because i think that's the kind of thing you want to cherish, and somehow it gets lost or whatever. did you guys make crank calls and that sort of thing? >> we did. we used to call wfan all the time. >> jimmy: sports radio. >> and we would say i think patrick ewing should be playing point guard. he's a really attractive man. and then they would hang up. >> jimmy: that's a lot of fun. >> thank you. >> jimmy: so you, you are going to austin, texas, right? >> that's correct. we are shooting at south by southwest in austin, which was a city that was invent ted by foo trucks. >> jimmy: in a way it was, i think you're right. >> have you been to south by before? >> jimmy: i have. >> it's really fun. and it's this massive thing. i've been going for years. i remember going originally for the music. a
and for some reason i did a character of roy cohn. >> jimmy: donald trump's lawyer.an for years, you know? what a character. >> jimmy: he just made you secretary of the interior. wow, that's pretty great. you saved all that old stuff? >> no, it's all burned. >> jimmy: it's funny, because i think that's the kind of thing you want to cherish, and somehow it gets lost or whatever. did you guys make crank calls and that sort of thing? >> we did. we used to call wfan...
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the then-chief white house economic adviser, gary cohn, was on the brink. quitting.ho wanted him in the first place -- ivanka trump who wanted him in the first place and told him "my dad didn't mean it." and now to "kushner, inc." the kushner camp is hitting back against the book's voracity and author, vicky ward. a spokesman for kushner said that every point that ms. ward mentioned in which she called her fact-checking stage was entirely false. she's written fiction rather than any serious attempt to get the facts, correcting everything wrong would take too long and be pointless. and the white house i should add calls the book, quote, sad fiction. cnn contributor michael dantonio wrote the book "truth about trump." glad to have you back. let's start with the piece on charlottesville where ivanka trump reportedly said to gary cohn my dead innocent-- my dad . given all that you know about the family dynamic, how often has ivanka trump had to defend her father on things like this? >> she's been put in this position time and time again really throughout her adult life.
the then-chief white house economic adviser, gary cohn, was on the brink. quitting.ho wanted him in the first place -- ivanka trump who wanted him in the first place and told him "my dad didn't mean it." and now to "kushner, inc." the kushner camp is hitting back against the book's voracity and author, vicky ward. a spokesman for kushner said that every point that ms. ward mentioned in which she called her fact-checking stage was entirely false. she's written fiction rather...
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finding his roy cohn was harder than donald trump.years, two years since he's been in the white house that he was angry at his first attorney general for recusing himself. and there are numerous stories, headline stories, "washington post," "new york times," high-level stories stating that he wanted mueller to be fired. the mueller probe to be ended and for his attorney general to protect him. so the record from trump seems to be that he wanted what bill barr has done. not to accuse bill barr of covering up the vults of the mueller investigation. we don't know what's in the mueller report. it does seem that his public statements have been sufficiently exculpatory that they're helpful to the president. >> they're very helpful. and the real problem with this is, time is the enemy of the truth in this case. because it will set in in the public's mind, particularly in the minds of those who support donald trump, that what bar said is the answer. it may or may not be. we don't know until we see it we only know that partial sentences from t
finding his roy cohn was harder than donald trump.years, two years since he's been in the white house that he was angry at his first attorney general for recusing himself. and there are numerous stories, headline stories, "washington post," "new york times," high-level stories stating that he wanted mueller to be fired. the mueller probe to be ended and for his attorney general to protect him. so the record from trump seems to be that he wanted what bill barr has done. not...
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Mar 5, 2019
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he ordered gary cohn to pressure the justice department to intervene in a lawsuit. first want to go to dylan. without getting into details of anti-trust and all this, why is the president of the united states working for fox? >> well, you have to almost reverse engineer this, okay? fox news has from its inception been a business, and it is focused on bottom line. the business that rupert murdoch saw in the united states was that he could capitalize on the anxieties and resentment of conservatives who feel like they didn't have a voice in the media. >> just what he did in britain and australia, go down market and to the right. down market and to the right. >> that was a huge business opportunity. and for 20 years that built up over time to a place where its ultimate realization was president trump. that was the ultimate realization of the fox news business model. now -- >> who's the toy here? the president or fox? >> well, look, fox is doing great from the bottom line perspective. i think trump has ensured that he has a core base that he can reach through fox news. l
he ordered gary cohn to pressure the justice department to intervene in a lawsuit. first want to go to dylan. without getting into details of anti-trust and all this, why is the president of the united states working for fox? >> well, you have to almost reverse engineer this, okay? fox news has from its inception been a business, and it is focused on bottom line. the business that rupert murdoch saw in the united states was that he could capitalize on the anxieties and resentment of...