s like eric schneiderman, like the state a.g. from california and other places who have been very activist over the last eight years, particularly under president obama. this began with eliot spitzer using this law and a thorn in the side of the banks. people might say it's a good thing, the feds don't want to do it, the states should do it. banks are saying, the sec is tough enough, and by the way, how many more regulations do we have to comply with? one set of regulations, not 50 states plus the feds? they make the point to the trump administration, they're discussing it. i'm not sure this has gotten as high as mnuchin just yet, steve mnuchin, the potential treasury secretary. now paul atkins is working on this right now. favored by the banks and here's the interesting sort of little aspect of this, little inside baseball, eric schneiderman is suing donald trump over trump university. that is a martin act case from what i understand. so this politics all over, this lizzie. liz: imagine that, and you are the one who's showing us

eric schneiderman/new york attorney general: "it was a scam." eric schneiderman/new york attorney general: "this is thousands of people who were taken for millions of dollars." three lawsuits represented about si -- donald trump fought the fraud allegations. but once elected -- he changed his position. though trump didn't admit any fault or liability -- he settled the suits - for a total of 25 million dollars. jason forge/students' attorney: "in the end, he did do the right thing and we do appreciate that." the students involved will get at least half -- or potentially all of their money back. daniel petracelli/trump attorney: "i know president-elect trump is pleased to have this case behind him so that he can focus on the important priorities that are facing this country." i'm mary moloney president-elect donald trump announces three key national security appointments. retired army lieutenant general michael flynn has been offered the job of national security advisor... alabama senator jeff sessions has been picked for attorney general. and rep

new york attorney general eric schneiderman says his lawsuit and two others will be settled for 25 million dollars. he called it a "stunning reversal" of president-elect donald trump's position. a statement office says -- "donald trump fought us every step of the way, filing baseless charges and fruitless appeals and refusing to settle for even modest amounts of compensation for the victims of his phony university. today, that all changes." unlv sudents and staff are calling on president len jessup to re- affirm the school's status as a sanctuary campus. the call comes amid fears of immigrants who face deportation under a trump presidency. the letter calls for the university to protect it's undocumented community members from law enforcement. unlv is already a considered a sanctuary. the letter asks the university president to reaffirm it's status as a sanctuary. it also lists possible actions the university could take like developing an online degree program-- in the case an undocumented student is arrested or deported. there's an education fair going on this weekend. clark county parents

new york attorney general eric schneiderman calls the settlement a "stunning reversal" of president-elect donald trump's position. also covers two class-action suits lawsuit filed in california. president-elect donald trump taps motley crue lead singer -- vince neil -- to perform at his inauguration in january. the singer says he was asked about his availability "months ago." the longtime motley crue frontman will be performing with his own band... and it won't be his first tie to presidential politics. neil said he was amused the night of the third debate in las vegas, -- when a guest that resembled him appeared at the end -- igniting a debate on twitter as to whether he was there. even his 83-year- old mother believed it. as for what other bands are confirmed -- or what he will perform -- neil says he's still unsure. neil is also set to appear on the next season of celebrity apprentice with arnold schwarzenegger, airing on nbc this january. by now -- most of us know who the next president of the united states is. but one man in georgia claims he has no idea. meet joe chandler. he's gain

eric schneiderman called it..... a "stunning reversal" of president-elect donald trump's position. the settlement covers a suit..... in new york... and... two class-action lawsuits filed.... in california. one lawyer defending students says.... everyone who enrolled in trump university...... will be able to get more than.... half of their money back.... donald trump's transition team is rolling out the names for three high level positions in his administration. alabama senator jeff sessions has been tapped as the new u-s attorney general. sessions is a former prosecutor but was denied an appointment to serve as a federal judge in 1986 over allegations of racism. retired army lt. general michael flynn has been chosen for national security adivser. he served under president obama as director of the defense intelligence agency.. retire for being critical of the administration. trump has also asked representative mike pompeo to take charge at the cia. pompeo is a member of the house intelligence committee.. and a fierce critic of hillary clinton's handling of the 2012 attack in benghaz

general said the lawsuit and to others against trump university will be settled $25 million, eric schneiderman says sued for swindling thousands of innocent trump himself, the settlement covers class-action suit filed in california. the car out of a flow to parent for the one of the biggest games. washington state cougars, pac-12 championship, a pregame prep rally beginning, hi, guys, ever been downtown boulder before, hung game you probably witness the wall that rollth players dropped off on the east end walked down, at the west end and lots of high fives, lots of energy and a cool tradition, extra juice before the game, these guys don't need any extra motivation of course. and a lot more, the championship on the line. in ten games combined in the last three years under head coach mike the best things about coaching the view is changing the culture. the most fulfilling thing to my thought on it, the winds are exciting but just to see those guys eyes and see their faces, see them accomplish things that nobody thought they could accomplish. many things and eight in life and might have even doub

new york attorney general eric schneiderman says his lawsuit and two others will be settled for 25 million dollars. he called it a "stunning reversal" of president-elect donald trump's position. a statement released by his office says -- "donald trump fought us every step of the way, filing baseless and refusing to settle for even modest amounts of compensation for the victims of his phony university. today, that all changes." jason forge: "it really is a great result. everybody who was enrolled in this school and who wants their money, will get over half their money back at a minimum and perhaps up to all of their money back. so, we're very pleased with the outcome." the settlement also covers two class-action suits lawsuit filed in california. downtown summerlin is getting into the holiday spirit. and there's a lot of folks in the community there to kick off their tree lighting ceremony. the special guests that will be making their way through tonight's parade. plus...we're saying goodbye to the hard rock cafe. the fate of the employees that work there...and that iconic giant holiday spi

new york attorney general eric schneiderman says his lawsuit.. and two others against trump university.. will be settled for 25 million dollars. a statement released by his office says in part.. "donald trump fought us every step of the way.. filing baseless charges and modest amounts of compensation for the victims of his phony university. today.. that all changes." the settlement also covers two class-action suits lawsuit filed in california. president obama is blocking new oil and gas drilling in the arctic ocean.. but it will be allowed to go forward in an area southwest of anchorage. obama's action applies for the next 5-years.. but donald trump can begin the process of reversing it in a matter of weeks when he's sworn-in. presidentob drilling in the atlantic ocean earlier this year. a teenager is behind bars tonight.. accused of firing several shots into a neighbor's home. but there's still one thing police are trying to figure out. plus... an oprah winfrey network worker is suing the company.... for sexual harrasment.... what she says....

new york's attorney general 'eric - schneiderman' says his lawsuit -- and two others against trump university -- will be settled for '25- million dollars'. the deal does not require trump to acknowledge any wrong doing. the settlement also covers two california. now to the big board and the must-see video of the night. and we start with quite a scene in oregon... a 'car' -- crashing into a 'restaurant' this morning. the 'driver' said -- he accidentally 'hit the gas'.... as he was trying to 'park'. you can see.... the car made it 'all the way' inside the restaurant. the restaurant was 'closed' at the time. the driver wasn't 'hurt'... but he was 'charged' -- with 'not' having a license -- or insurance. an unusual sight in south america -- a waterspout. it formed on the coast near the town of 'rocha'. watersp area -- and many people living there were surprised. the waterspout never reached the ground to become a tornado. an 'unexpected sight' -- on the 'hudson river' -- in new york... a 'guy' -- was 'out' on the river today -- when he 'spotted' something -- 'bobbing' in the water... it soon beca

new york attorney general eric schneiderman calls it a "stunning reversal" and a "major victory". president elect donald trump agreeing to pay 25-million dollars to settle three civil lawsuits with no admission of wrongdoing... ( s/ jason forge / plaintiffs' attorney :13 - :25) "both sides fought very hard. you have to respect the other side for the fight, and respect the fact that, in the end, he did do the right being a fraudulent scheme. (nats: trump university television ad) those real estate seminars cost students. many of them poor. or elderly. up to 35-thousand dollars each. secrets from trump's "hand picked" instructors. trump long denied the fraud accusations. but admitted in a deposition he did not pick the instructors. trump tweeted in february, "trump university has a 98- percent approval rating. i could have settled but won't out of principle!" but now, with inauguration day looming. that's all changed. the president-elect now avoids having to testify in court. and an appearance before a judge trump slammed on judge curiel is doing is a total disgrace.") more than six

. >> reporter: new york attorney general eric schneiderman calls major victory. president-elect donald trump agreeing to pay $25 million to settle three civil lawsuits with no admission of wrongdoing. >> both sides fought very hard. and we fought for what we believed in. at the end of this, you have to respect the other side for the fight and respect the fact that in the end he did do the right thing. >> reporter: the suits accused the for profit trump university of being a scheme. >> we teach cost students many poor or elderly up to $35,000 each. the program promised they would learn investing secrets. trump tweeted in february trump university has a 98% approval rating. i could have settled but won't out of principle. now with inauguration day looming that's all changed. the president-elect now avads and in an appearance before a judge trump slammed. >> the judge is a total disgrace. >> reporter: more than 6,000 trump university students will get restitution in the settlement. nbc news, new york. >>> president-elect trump is planning a series of meetings at his

trump's mar-a-lago club for putting you new york attorney general eric schneiderman has since opened an investigation. foundations that report these violations typically pay a penalty tax and repay the money. several tax attorneys told us it's common for private foundations to report they unintentionally violated self-deeg rules but in this case the president-elect is admitting to wrongdoing a series of news reports. scott, trump representatives did not respond to our request for coen our washington newsroom. thank you. the postelection really has propelled wall street to a record high and a new milestone. the dow gained 67 point to close above 19,000 for the first time since election, the blew chip index supnearly 4%. today, in tennessee, parents told us that they were worried about their school bus driver long before he wrapped his bus around a tree. with vehiclear homicide. five young students were killed yesterday, 12 others are in the hospital, six of them in intensive care. mark strassmann is in chattanooga. >> the bus flipped over. it's occupied with children. they believe the

and forth regarding "hamilton" overshadowed the $25 million settlement reached by trump and eric schneiderman in a trump university lawsuit. we now know that we have news incoming first lady ma lane i can't and barron trump will be staying in new york city until the end of the school year while trump himself is expected to move to the white house as planned. >>> as for the current president, president obama returned from-sd his final overs trip just a short time ago getting off air force one and making his way back to the white house after wrapping up his trip to perÚ. that's the final stop in his apex summit tour. the president said that while he doesn't intend to become trump's constant critic he won't rule out criticizing him once he becomes just another american citizen. >> as an american citizen who cares deeply about our country if there are issues that have less to do with the specifics of some legislative proposal or battle, but go to core questions about our values and our ideals and if i think that it's necessary or helpful for me to defend those ideals, then i will -- i will examin

new york attorney general eric schneiderman says his lawsuit and two others against trump university will be settled for 25 million dollars. he called it a "stunning reversal" of president-elect donald trump's position. a statement released by his office says -- "donald trump fought us every step of the way, filing baseless charges and fruitless appeals and refusing to settle for even modest amounts of compensation for the victims of his phony university. today, that all changes." "it really is a great result, everybody who was enrolled in this school and wants their money back will get over half their money back at a minimum, and perhaps all of their money back " class-action suits lawsuit filed in california. it will be a major mess on the 2-15 this weekend. and the chaos starts in just a few hours. you're taking a live look at the project now. the 2-15 is closing in both directions starting tonight through sunday at the airport connector. fox5's ken smith shows us where you should go instead. first ken bite mike mamer assistant manager of construction the main purpose of this clos

$25 pay $20 million million to settle a lawsuit in a case filed in 2013 by attorney general eric schneidermanimed that trump duped students and he may have personally made $5 million on the schools. vladimir putin is making sure he will be a force to be reckoned with for the next tenant of the white house. putin is setting up a team to ensure he wins a fourth term with a wide margin in 2018. his approval rating is more than 80%. russians want to see him continue. detainedics have been in istanbul as part of an investigation into the movement responsible allegedly for an attempted coup. they have arrested 37,000 people and fired or suspended 10,000 more from government jobs in a controversial crackdown following the coup. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i am courtney donohoe, this is "bloomberg markets." mark: one of the u.k.'s prominent brexit supporters is urging patients in the exit from the eu he spoke to anna edwards. possibleot think it is to think about these things in public. it is not possible. we'll have to be

donny: eric schneiderman put out a statement saying donald trump -- pay fraud drop allegation lawsuitselated to his trump university real estate seminars. this was a big issue during the campaign, and trump touted himself as someone who would rather fight litigation. mark, what does it say that he settled this case? mark: it is a big surprise to me. he said he would never settle. to me, it is a good sign. donald trump is someone who not in the past looked at the kind of distractions a normal president would see and say we have to get rid of this, attacking john mccain, attacking megyn kelly. this is potentially a good sign. he needs to be less encumbered as president from distraction. this to me is assigned today that maybe he gets that he needs to clear the decks. donny: he says when you settle, you lost. no, you made a business decision. let's say there was some really nasty stuff in there, certainly not good for his presidency. ben if he felt he would exonerated, it was still the right thing to do. even if it cost him $25 million, he has to get this out of the way. you have an oblig

he will pay $20 million to $25 million to settle the lawsuit and case filed in 2013 by eric schneidermancase claims trump build the students and he may have personally made as much as $5 million. general said he would probably speak with donald trump very soon. he is predicting trump will be committed to the alliance during the campaign when he called me to obsolete and questioned whether european members are contributing enough. russian president vladimir putin is making sure he will remain a force to be reckoned with for the next tenant of the white house. putin is said never team to make sure he wins the fourth term in 2018. his approval rating is more than 80%. one survey says two thirds of russians want to see him continue after 2018. a fuel tanker exploded as thedents gathered around driver, killing at least 73 people. badly burnt people had tried to run into a nearby river. at least 110 others were injured. state run news agency said 76 academics have been detained at the university of istanbul, it is about the ongoing investigation about who is responsible for that attempted to i

a settlement was announced this afternoon by new york state attorney general eric schneiderman. one of the cases a federal class action suit had been scheduled to go to trial in just ten days. the $25 million will be divided among the former students who sued alleging trump university misled them about the course materials and about trump's level of involvement. it became a major campaign issue after trump publicly attacked a judge handling one of the cases alleging that his mexican heritage made him incapable of ruling impartially. >> we're building a wall between here and mexico. the answer is he is giving us very unfair rulings. >> now, trump has denied all the trump university allegations and the settlement doesn't require him to acknowledge any wrongdoing. still ahead here, will donald trump settle his long feud with mitt romney? big meeting taking place in new jersey tomorrow. we'll have a preview, that's ahead. >>> for the first time since president-elect donald trump won the election, steve bannon the new chief white house adviser is breaking his silence. bannon, the for

eric schneiderman announced the $25 million deal on friday, calling it a major victory for more than 6,000 students of trump university. the settlement applies to three lawsuits, including two cases in california filed against his now-defunct for-profit education foundation. in a statement, schneiderman said in part, "donald trump fought us every step of the way, filing baseless charges and fruitless appeals and refusing to settle for even modest amounts of compensation for the victims of his phony university." trump tweeted about the decision saturday saying, "i settled the trump university lawsuit for a small fraction of the potential award, because as president i have to focus on our country. the only bad thing about winning the presidency is i did not have the time to go through a long but winning trial on trump u., too bad." trump will avoid being the first president-elect to testify in open court while preparing to take office. >>> while donald trump is calling for the cast of the broadway show hamilton to apologize to vice president-elect mike pence. when he arrived at the the

. >> reporter: new york attorney general eric schneiderman who brought one of the suits against the program saying it amounted to a stunning reversal by donald trump and a major victory for the more than 6,000 victims of his, quote, fraudulent university. to never settle the claims. >> i could have settled it. i just choose not to. >> reporter: trump and his attorneys have long defended the program saying it imparted valuable knowledge and a vast majority of former students were happy with their experience. mr. trump tweeting i settled the trump university lawsuit for a small fraction of the potential award because of president i have to focus on our country. the allegations of fraud involving trump university were set to make headlines. the trial scheduled to begin later this mth gonzalo curiel who trump criticized during his campaign alleging the u.s. born judge was biased because he is the son of mexican immigrants, but this morning, it appears those cases will not go to trial. for "good morning america," rebecca jarvis, abc news, new york. >> rebecca, thank you. for more on all this let

the new york attorney general eric schneiderman and the nfl have reached an agreement where they have a settlement in place for a policy that used to require that certain ticket sellers for the secondary market sell tickets for a minimum cost. at this particular settlement the attorney general and other states have now resolved that the nfl's ticket exchange policy will have no more of a price floor. the nfl has responded by saying that we are pleased to have reechtd a favorable settlement with six attorneys general who are investigating the secondary ticket prices of the league and member clubs. they confirm the state agencies have concluded their two-year investigation and did not identify any injury to customers. again, scott, an interesting development here with regard to secondary ticket prices for nfl official tickets on member type exchanges. scott, back to you guys in florida. >> all right. >> just ahead on "the halftime report", former house speaker john -- jobs disappear?aying it's what the national debt could do to our economy. if we don't solve our debt problem 19 trillion

it will be for $25 million and according to eric schneiderman, the victims will be rewarded by this settlementwill pay penalties to the state for violating education laws. back and facebook buying $6 million of class a shares while the stock moves up by about 1%. facebook buying up to $6 billion of us -- class a shares. if we get more details, we will let you know. and interestingly, you pointed out that this was a stall wart, the buying back. it has supported the market and the idea that it could wear off and you could see it go to cap x. rising: facebook shares in the after-hours trade. and for the second time in two weeks, the donald trump presidential win will be affecting asian countries. joining us on the region's michael blithe, the chief economist at the -- a bank in all-star you. so generally we follow the old tripe that we want to weaker currencies, but this is a case of choosing the borrowers over exporters? corporatesworry was taking this on and how it would --in this environment, which it will crystallize those problems. scarlet: are they going to be able to sustain that? be short

. >> late this afternoon, the new york attorney general, eric schneiderman, put out a statement saying that donald trump has agreed to drop $25 million -- not drop, to pay fraud allegation lawsuits related to his trump university real estate seminars. trump touted himself as someone who would rather fight litigation that he feels unjust than sweep it under the rug. mark, what does it say that he settled this case? >> well, it's a big surprise to me. and of course, he said, he would never settle, and he does not have a history of settling. to me, a very good sign. donald trump is not someone who in the past looked a to the kind of distractions that a normal presidential candidate would see and say, we've got to get rid of this, attacking mccain, attacking megyn kelly, attacking the khan family. this to me is potentially a good sign, where he gets it. he needs to be less-encumbered by distraction. "the wall street journal" had a article about how he could deal with conflict of interest. this is a sign that he gets to clear the decks. >> first of all, he has said, whatever you settle a ca

this was under pressure from eric schneiderman, who is the attorney general of new york. so maybe there is a role for attorney general. mr. kennedy: there is a huge role for attorney generals as consumers and patient advocates, we cannot get redress for the violations of the parity law, denials of care and the like. but if we join together, we can appeal these denials to the attorneys generals in the various states who are really consumer protection folks. they are protecting the contract law aspect of this. people are paying for insurance that are not getting the coverage that they are actually paying for. we feel this is going to be the most expeditious way to advance the implementation of the mental health parity. and addiction equity act. to this date, most think that we are going to get appeals one at a time. we all know the best someone can get is there care paid for, often when it is too late. a year or so later when all appeals finally -- you need to be a harvard phd/jd to understand how to do these bureaucratic appeals, and the insurance industry knows it and are

this was under pressure from eric schneiderman who is the attorney general of new york. maybe there is a role for atty. general. >> there is a huge role for attorney general's as consumers and patient advocates, we cannot get denials of care and the like. if we join together, we can appeal these denial to the is attorneys general in the various states are really consumer protection folks. they are just protecting the contrast law aspect of this that people are paying for insurance but aren't getting the coverage that they are actually paying for and we feel this is going to be the best way to advance. to this date, most people think we are going to get appeals with one at a time. we all know the best someone can get is their care paid for often when it's too late, a year or so later. you need to be a harvard phd to understand how to do these bureaucratic peels. the insurance industry knows it and they are counting on it. we need to have a public movement that takes our grievances directly to the attorney general and that the ag take on insurance industry on our behalf as

that donald trump has settled a lawsuit against him that was brought by the attorney general eric schneidermana settlement for $25 million. just as money, donald trump tweeted this -- just this morning, donald trump tweeted this -- he then added -- tell us about some of the challenges that an open case might have presented for the president-elect going forward. --ler: we all know about guest: we all know about the challenges of an open case for a sitting president. jones andrsus paula what came out of that litigation with the president required to give deposition testimony and the rest of it. that is not compatible with the duties of the president. the president can be sued in his personal capacity. if mr. trump as president trump chooses to hold onto this business empire, the lawyers will see an opportunity at every juncture to file suit against different parts of mr. trump's business empire. some might be legitimate and others might be frivolous. against a sitting president, there will be people cheering on , that will be an enormous risk to the president. it will become litigation magnet. t

including one really onerous one known as martin act which new york attorney generals including eric schneidermaneeze huge settlements out of wall street. this is what we're rather reporting. schneiderman remained silent until today. put out fairly lengthy statement, fairly troubled what trump is trying to do. setting stage for fairly interesting battle between state ags, particularly activists, liberal democratic state ags like himself, like kamala harris in california who is no longer ag. she won the u.s. senate seat vacated by barbara boxer, whoever her replacement, setting up battle if the trump campaign and transition team goes through with this, administration goes through with, between the trumps and state ags around the country who will see their power diminish if donald trump tries to zero out the laws. the way he will do it, get congress to pass something called preemption. listen, when it comes to regulating banks, it's the federal law, not the state laws that matter. this will be a pretty interesting battle. schneiderman racked up billions of dollars in settlements against jpmorgan an

after the settlement new york's attorney general eric schneiderman issued this scathing same. in twooenlt my office sued donald trump for swindling thousands of innocent americans out of millions of dollars through a scheme known as trump university. donald trump fought us every step of the way, filing baseless charges and fruitless appeals and refusing to settle for even modest amounts of compensation for the victims of his phony university. today that all changes. today's $25 million settlement agreement is a stunning reversal by donald trump and a major victory for the over 6,000 victims of his fraudulent university. and, yes, trump's meetings with potential cabinet members are also significant, especially his sit-down with former trump critic turned republican whose name is being floated for secretary of state mitt romney. >> i appreciate the chance to speak with the president-elect and look forward to the -- the coming administration. >> that's a far cry from the romney we heard just a few months ago. >> here's what i know. donald trump is a phony, a fraud. his promises a

that donald trump has settled a lawsuit against him that was brought by the attorney general eric schneidermana settlement for $25 million. just as money, donald trump tweeted this -- just this morning, donald trump tweeted this -- he then added -- tell us about some of the challenges that an open case might have presented for the president-elect going forward. --ler: we all know about guest: we all know about the challenges of an open case for a sitting president. jones andrsus paula what came out of that litigation with the president required to give deposition testimony and the rest of it. that is not compatible with the duties of the president. the president can be sued in his personal capacity. if mr. trump as president trump chooses to hold onto this business empire, the lawyers will see an opportunity at every juncture to file suit against different parts of mr. trump's business empire. some might be legitimate and others might be frivolous. against a sitting president, there will be people cheering on , that will be an enormous risk to the president. it will become litigation magnet. t

new york's attorney general eric schneiderman announced the $25 million deal on friday, calling it a trump university. the settlement applies to three lawsuits including two cases in california filed against his now defunct for-profit operation. in a statement, schneiderman said donald trump fought us every step of the way, filing baseless charges and fruitless appeals refusing to settle even the most modest amounts for compensation for the victims. trump said i settled for a small fraction of the potension award because as president, i have to focus on our country. the only bad thing about winning the presidency is i did not have the time to go through a long but winning trial on trump u. too bad. the agreement means trump will avoid being the first president-elect to testify in open court while preparing to take office. joining us now, nbc news white house correspondent kristen welker. we have a lot of names to go through because still not sure who secretary of state is going to be. between rudy out front and mitt romney, possibly, maybe some others could come in. david mccormick w