laura podesta is in new york. ura, the fda's decision on pfizer is pretty big. >> reporter: it is. you know, this could pave the way fortuton t school or participate in more summer activities like camp. it's also impactful for children with underlying health conditions who are more at risk for severe illness from covid. cbs news has learned the fda is expected to authorize pfizer's covid vaccine for children as young as 12 as soon as next week. >> to reach herd immunity, we need a certain number of the general population including this age group to be virginia natured. athletics, dances and other gatherings are going to be safe per the majority of kids are vaccinated. >> reporter: scott scogottlieb on pfizer board. >> reporter: 13-year-old caleb chung is one of two children ages 12 to 15 who took part in pfizer's trial which found the vaccine was 100% effective. >> potentially helping other kids to feel safe and want to get the vaccine in the future whether it becomes available was really something that i could act

laura podesta in new york. thank you very much. >> reporter: thanks. >>> well, president biden will meet with members of george floyd's family at the white house today. it comes exactly one year after floyd died in police custody after derek chauvin kneeled on his neck. chauvin was convicted of murder in april. press secretary jen psaki said mr. biden wants to deep the conversation with floyd's family behind closed doors. >> he wanted this meeting to be private in order to have a real conversation and preserve that t penas set a dead for polre a bipartisan group of lawmakers says talks on the deal continue. >>> u.s. secretary of state antony blinken is now in israel. he landed this morning in tel aviv, as he looks to strengthen the cease-fire between israel and hamas. he'll meet with prime minister benjamin netanyahu and palestinian president mahmoud abbas later on today. blinken will focus on aid for gaza, where hundreds of buildings were destroyed after 11 days of fighting. more than 250 people, mostly palest

laura podesta is in new york with the very latest. a, we understand that israel unleashed more deadly air strikes on the gaza strip yesterday. >> reporter: good morning, anne-marie, that's right. the death toll is climbing by the hour. the last we heard, 200 palestinians have been killed, 10 israelis have died and children are among the dead on both sides. >> reporter: israel continued its aerial assault on gaza today. at least 200 palestinians including more than 60 children have been killed since the violence erupted earlier this month. this 6-year-old girl and her father survived one blast but her mother and four siblings did not. israeli prime minister benjamin netanyahu says his military will operate as necessary in order to return calm and security to all residents of israel. for more than a week, air strikes have targeted homes, businesses and underground tunnels used by hamas militants. some of the tallest buildings in gaza city have been destroyed including one that housed foreign media. >> over 2,500 people have been made hom

>> laura podesta in new york. laura, thank you. >> reporter: thanks. >>> so ahead on "cbs this morning," cdc director rochelle walensky has more on president biden's goal to vaccinate more americans. >>> the death toll has risen to at least three following severe twier tore through the north side of mississippi's capital yesterday afternoon. tere were reports of downed trees, power lines, and roof damage across jackson. crews rushed to rescue people from their first-floor apartments in alabama. they used boats to move across the flooded parking lot as torrential rains slammed large parts of the state. >> we have taken several elderly people out. we've found them another place to stay. just to keep them safe in the meantime. at this time, we have no injuries. >> right now more than 270,000 people in the south are still without power since the severe storm hit. >>> former president trump will learn today whether he'll be allowed back on facebook. the social media company's oversight committee will announce this morni

>> laura podesta in new york. nk you so much, laura. >>> well, at least one person is dead and three unaccounted for after a fire-fighting helicopter crashed in central florida during a training exercise. the faa says the chopper crashed into a marsh near an airport in leesburg. footage shows black smoke billowing into the air. four people were on board the black hawk helicopter at the time. authorities say the incident appears to be a total loss, and no survivors have been found. the faa and the ntsb are investigating the crash. >>> manhattan's district attorney who is leading the criminal probe into former president trump's business dealings has reportedly convened a grand jury that could decide whether to indict him. the investigation centers on whether the trump organization manipulated its real estate portfolio to defraud banks or obtain illegal tax benefits. sa"ttinuion leased a statement of the greatest witch hunt in american history. this is purely political and an affront to the almost 75 million voters wh

laura podesta has more. >> reporter: the seven day average for new coronavirus cases in u.s. is less than 30,000, a tenth of what it was at the january peak. these massachusetts high schoolers can thank the vaccine for their senior prom. >> i believe it was 71% of seniors as of monday have been vaccinated. >> reporter: in nine states at least 70% of adults are partially vaccinated but in ten others mostly in the south, less than half have gotten the dose. >> we have been concerned about this new variant. >> reporter: british health officials found it effective against a variant first discovered in india which is circulating in u.s. >> the message for everybody watching which comes from the data is getting the second jab is vital. >> reporter: an epidemiologist says vaccinating new people now requires chasing them down. >> going to community centers, going to farmers markets, whatever it is, be where the people are. >> reporter: there are rare cases of heart inflammation among vaccinated teens and young adults. >> these are complications that are not totally unexpected but ver

laura podesta is in new york. a, i know a lot of parents are wondering what this could mean when it comes to schools reopening across the country. >> reporter: good morning, anne-marie, yes, allowing kids 12 to 15 to get vaccinated is huge news for middle and high schoolers and it will mean a lot of teachers who are hesitant to return to the classroom maybe more willing now that students can get the shot. about 17 million children ages 12 to 15 can start getting the pfizer vaccine as soon as thursday after the fda expanded its emergency use authorization. >> we know this is a big step for our country. >> reporter: acting fda deputy commissioner janet woodcock. >> the agency undertook a rigorous and thorough review of all scientific data. >> reporter: pfizer's clinical trial showed the vaccine is highly effective in preventing covid-19 in young people and there are no serious side effects. >> to be able to participate in sports or play in the band or not have the guilt associated with doing something they should be

laura podesta has more. >> reporter: the cdc's released new guidance it says marks a turning point. fully vaccinated americans no longer have to wear masks inside or outside at most places across the country. >> we alhangor ment. >> reportethe doctor says the advised advice follows sharp decline in new infections. the key is for people to get their shots. >> anyone who is fully vaccinated can participate in indoor and outdoor activities large or small without wearing a mask or physical distancing. >> reporter: according to cdc nearly half the country has received at least one dose of the coronavirus vaccine. more than a third are fully vaccinated. >> it's a great milestone, a great day. >> reporter: president biden hailed the announcement but warned that the pandemic is not over. >> we have gotten this far. please protect yourself until you get to the finish line. >> reporter: masks are required indoors and in crowded outdoor spaces in several states including in new york where governor cuomo said his staff would review new cdc guidelines before lifting restrictions. >> people want

laura podesta has the latest. a cease-fire went into effect early this morning. >> i believe we have a genuine opportunity to make progress and i've committed to working for it. >> they would help leon israel's i am doan, the defense system credited with limited casualties mr. biden also promised to send humanitarian aid to gaza. >> we will do this for full partnership in a manner that does not permit him to simply restock its military health arsenal. >> both sides claimed victory despite the death toll. in gaza, palestinians took to the streets to celebrate the end of the fighting. a statement from israeli prime minister benjamin netanyahu hailed it as significant >> there are no agreements about the future, nothing. >> the government of egypt brokered the cease-fire deal. diplomats will head to israel and gaza to make sure it is enforced and to work on more durable solution. laura podesta, cbs news. >>> a murder and hostage scare prompted a police response and a quiet neighborhood in pleasant hill, but the emerg

laura podesta, cbs news. >> if your daily expenses have gone up, you are not alone. the cost of everything from gas to food and clothes, even used cars are ballooning. economists are worried about threat of of the money the government pumped into the economy during the pandemic. a gallon of premium gas in california has climbed from roughly $3 a year ago to nearly $4.50 today, a 44% increase. >>> get your coronavirus vaccine and win a min lldiane h today's money watch report. >>> stocks tanked wednesday. dow tumbled 681 points, its worse day since january. nasdaq dropped 357 and s&p 500 fell 89. a bigger than expected jump in inflation triggered yesterday's sell off with investors concerned the economy may run too hot as it emerges from the coronavirus pandemic. wall street is keeping a close eye on federal reserve looking for any indication it may raise interest rates earlier than expected. president biden signed executive order aimed at hardening federal government's cyber security defenses. this is days after a ransomware attack that forced colonial pipeline to sh

laura podesta is at the united nations in new york. laura, calls for peace are falling on deaf ears. >> reporter: good morning, anne-marie. well, there was an emergency session yesterday where the u.n. secretary general called the violence utterly appalling. now the entire international community is asking for the fighting to end, but if this weekend is any indication, anne-marie, it is ramping up. there's no sign of a cease-fire as the conflict between israel and hamas now enters its second week. this morning israel launched another series of air strikes targeting locations in the gaza strip. this weekend marked the deadliest stretch of the conflict. an israeli barrage leveled several homes in gaza city, claiming at least 42 lives. israeli officials say they were targeting hamas leaders and homes used to store weapons. hamas fighters have responded with volleys of rocket fire aimed at israeli territory. most have been intercepted by its iron dome missile defense system, though several have gotten through including one that killed a man

laura podesta has the latest developments from new york for us. laura, what new details are coming out now? >> reporter: good morning, anne-marie. officials say they believe that everyone has been accounted for, but they continue to search through the night. through the night. lifeguards say there was a wide range of injuries including hypothermia.ee a boat carrying more than two dozen people capsized near san diego on sunday. duty when he saw people in the water. >> i gave everything to my wife and said, i'll see you in a bit, and jumped in the water. >> reporter: he and another man training for the navy s.e.a.l.s helped survivors get to pieces of floating debris before lifeguards, the u.s. coast guard, and other agencies arrived. >> we train for the worst and expect for the best. today was not the best. but it's something that i always had in the back of my mind, it just actually happened. >> reporter: lieutenant rick romero believes the 40-foot wooden boat was broken up by the waves. >> in my 28 years of working, i've never seen anything like th

laura podesta is in new york. laura, do we know anything about a motive for this attack? >> reporter: good morning, anne-marie. right now we do not. investigators have not released any information about a motive. yesterday samuel cassidy's ex-wife spoke to reporters and said that he always had a temper and once told her that he wanted to kill people at work. still, she said, she never expected him to go on a shooting rampage. a transit worker killed nine people at a california rail yard early wednesday morning. >> they're actively looking for him, and he was last seen on the third floor. >> reporter: police say 57-year-old samuel cassidy turned the gun on himself as authorities moved in. >> first teams through the door were the sheriff's office and san jose police department, and they're my true heroes. >> reporter: investigators are working to determine a motive. cassidy had worked for valley transportation authority since at least 2012. >> his temper, that was one of the biggest problems. >> reporter: cecilia nelms is cassidy's ex-wife. >> i was just in shock because i

laura podesta, cbs news. >>> to the coronavirus now, dr. fauci is trying to clear the air about mask confusion. this is what he said regarding cdc's latest guidance. >> i think people are misinterpreting, thinking this is a removal of a mask mandate for everyone. it said people not vaccinated should continue to wear masks and should get vaccinated. >> california will continue requiring almost everyone including fully vaccinated people to wear masks in most indoor settings until june 15. the state is also considering dropping mask and physical distancing rules for employees at work places if everyone is vaccinated. >>> dub nation gathered to watch curry and james in l.a. >> was most ted match up in the tournament. fans gathered outside nter for a special watch party. fans gave out classic bay area sports energy at thrive city under the big screen. the socially distanced crowd of season ticket holders and select community members watched warriors take on the lakers in a first of its kind playoff play in tournament. >> i think we are lucky to

laura podesta, cbs news. >>> parts of the south are getting hammered by severe weather. at least four possible weather-related deaths have been reported in louisiana. some people in baton rouge are getting by on small boats and canoes after storms brought severe flooding to the area. the rain is expected today with another round of storms tomorrow. >> usually floods, but not there bad. >> it will get about maybe ankle deep maybe, and then it will start to subside. it's never gotten this high. >> storms also produced a large tornado near sterling city, texas, on monday. li a mocr trap, caught ona young gir fights off an accused kidnapper. >>> and launching a political bid. the son of rudy giuliani enters the race for new york governor. >>> this is the "cbs morning news." if you have postmenopausal osteoporosis and a high risk for fracture, now might not be the best time to ask yourself... 'are my bones strong?' life is full of make or break moments. that's why it's so important to help reduce your risk of fracture with prolia®. only prolia® is proven to help strengthen an

laura podesta in new york. thank you so much. >>> a texas man convicted of beating his 83-year-old great aunt to death was executed by lethal injection. quintin jones was put to death last night at the state penitentiary in huntsville. prosecutors said he brutally killed the woman with a bat in 1999 and took $30 from her purse to buy drugs. the execution was carried out without members of the media present as is customary because waiting reporters were not notified ahead of time. a prison spokesman apologized for the error. >>> the latest round of fighting between israel and hamas is entering day number 11. media reports in israel say a cease-fire could happen as early tomorrow, but until there's an agreement, israel's air assault continues on gaza. a large explosion rocked gaza yesterday. an air strike reportedly hit the home of a former hamas commander. the white house says president biden told israel's prime minister that he expects a significant deescalation on a but benjamin netanyahu vowed the fighting wi

laura podesta is in new york. what's being done to try to make sure that the attacks do not start again? >> reporter: good morning. well, egyptian diplomats are heading to gaza and israel to try and maintain this cease-fire. as you mentioned, it is fragile. right now both sides are claiming victory. a cease-fire between israel and hamas went into effect early this morning. the agreement ended a week and a half-long conflict that left 12 dead in israel and claimed the lives of at least 230 palestinians. president biden welcomed the announcement and said it could serve as a starting point for a lag peace he bele uine rttoakre d i'committed to working for it. >> reporter: he said the u.s. would help rearm israel's iron dome, the missile defense system credited with limiting casualties. mr. biden also promised to send humanitarian aid to gaza. >> we will do this in full partnership with the palestinian authority, not hamas, authority, in a manner in does not permit hamas to simply restock its military arsenal. >> repo

laura podesta has the latest developments from new york. laura, we could get some news about pfizer, as well, next week. >> reporter: that's right, good morning. pfizer's vaccine is expected to be approved for children ages 12 to 15 early next week. this could be a game changer when it comes to schools reopening and summer activities. covid-19 appears to be in retreat in most of the u.s. the average number of new cases has fallen to fewer than 47,000 a day. that's less than a fifth of what it was in early january. >> if people come and say thank god you are open, i say, no, thank you god you are here. >> reporter: the decline is happening as mask mandates and social distancing rules are relaxed. >> even though we're opening up and mingling, cases are staying lows. that's what vaccination does. >> reporter: the cdc says 45% of the country has received at least one dose of a covid vaccine. in some areas, demand has gotten so low that more than two dozen states are no longer ordering every dose available. >> part of this is expected, but also i

laura podesta with what happened on this mother's day weekend. >> reporter: a man hunt underway in new york after a shooting in times square. >> all three are innocent bi standers. >> reporter: all are expected to survive including a 4-year- old girl seen here rushed to an ambulance. >> we have the male party on the ground. >> reporter: in massachusetts a man is dead after driving an suv through doors of the lester police station. >> the man exited the vehicle and immediately shouldered what appeared to be a rifle and aimed at the police officers. the police officers fired and shot the man. >> reporter: police in colorado springs are searching for a motive after a gunman killed six adults at a birthday party before killing himself. >> this is terrible for a lot of people. >> reporter: outside of baltimore, a 56-year-old man shot his neighbors and set fire to his town house. witnesses say it was possibly to lure people outside. >> three fatal victims. >> reporter: police shot and killed the man when they arrived on scene. >> reporter: in phoenix a shooting at a hotel left one dead and s

>> all right, laura podesta in new york. thank you so much, laura. we wtalk wc directthis morning," elnditsine >>> so breaking overnight a new front in the violence in the middle east. israel is amassing ground troops near the gaza border, threatening an invasion. meanwhile, fierce attacks continued into the early morning hours. [ explosion ] israel carried out a punishing bombing campaign against palestinian militants in the gaza strip where the death toll has passed 100 people. one air strike yesterday toppled a highrise building just blocks away from a journalist. [ explosion ] >> reporter: oh, my god. yes, yes. i need to go -- >> the reporter was not hurt. fighter jets dropped two bombs on that nearby building which housed hamas offices. ian lee has the latest. >> reporter: an israeli air strike hit its target in gaza city thursday as hostilities escalate on both sides. the israeli military released footage of what it says was a strike on hamas intelligence headquarters with dozens of at te.in the cpod rockets could also be seen launching from ga

laura podesta is tracking the latest developments from new york. laura, when is supply expected to get back to normal? >> reporter: good morning, anne-marie. according to the company, several days. colonial pipeline said that its employees have been working around the clock, and they will continue to work nonstop to bring deliveries of gas, diesel, certairkets to continue to .how see interruptions.io wednesday t said it will be several days before fuel deliveries return to normal. >> i've never seen anything like this. >> reporter: until then the southeast can expect a gas shortage to continue with drivers searching -- >> not this one -- >> reporter: and waiting in long lines to fill up their cars. >> like the toilet paper fiasco all over again. >> reporter: tensions are high. >> there might be a shoot-out to try to get gas. >> reporter: these two people in north carolina were charged with assault after an argument over their spots in line. gusbuddy.com says more than 70% of gas stations in the state are without fuel. >> people run out and hoard, th

laura podesta is in new york. laura, how did all of this start? >> reporter: good morning, anne-marie. well, police say that two to four men got into a fight. one of them opened fire, and as you mentioned, shot three innocent bystanders. the nypd says the shooter is known to them for illegal vending in the times square area. a manhunt is under way in new york after a shooting in times square. >> all three are bystanders. >> reporter: all are expected to survive including a 4-year-old girl seen here being rushed to an ambulance by officer alissa vogel. >> we have a male party down on the ground -- >> reporter: in massachusetts, a man is dead after driving an suv through the doors of the lester police station. >> the man exited and immediately shouldered what appeared to be a rifle and aimed at police officers. the police officers then fired and shot the man. >> reporter: police in colorado springs are searching for a motive after a gunman killed six adults at a birthday party before killing himself. >> terrible for a lot of people in a lot of ways.

laura podesta's in new york. this is becoming a problem for more airlines. >> reporter: good morning, anne-marie. it sure is. airlines are seeing 25 times more reports of unruly behavior this year compared to years past. and most of the issues revolve around mask wearing, still required on the planes. >> hey! >> reporter: startling video of an attack on a southwest flight attendant earlier this week shows tensions in the skies are high. >> and then they stopped and next time i saw -- don't touch me! the lady stood up and pow. >> reporter: the flight attendant lost two teeth. vyvianna quinonez was later arrested. passengers say the attendant was arguing with someone about their mask while leaning over her. >> frustration was still brewing in all of them including the flight attendant no doubt. and so it just escalated very, very fast. >> reporter: the faa says there have been 2,500 reports of unruly behavior in 2021. most related to the federal mask mandate. typically there are 100 to 150 formal cases per year. >>

laura podesta. >>> a new proposal by the eu would allow vaccinated americans to cross the pond by the end of june. a few countries who rely on tourists like island and greece have already opened up. >>> back here, contra costa wants everybody to come and get a vaccine no matter where you are from, even out ty said supply is exceeding demand. santa clara is trying to make it more convenient to get a shot. it opened up inic at bta santa theresa light-rail in san jose. >> this is just such a prime location that everybody will be able to drive in if they see the sign. say let's pop in. >> super convenient. i love that you can stay in your car. >> people can ride a train to the station for free and drop in for a shot, no appointments necessary. for the latest on vaccines and how to get one go to kpix.com/vaccine. >>> youth groups in the east bay are demanding justice for the death of marit gonzalez. they led a rally and march from oakland to alameda. people joined in the demonstration of various ages. about a hundred made their way to the alameda police department. police say gonzalez suff

laura podesta is tracking the latest from new york. so what is the agency looking into? >> reporter: good morning, anne-marie. well, emphasis on the word "rare." a few teens have experienced myocarditis, an inflation of the heart muscle. the cdc did not specify the number of teens that have come down with this condition but did we ncoater trement, there the seven-day average for new coronavirus cases in the u.s. is less than 30,000. about a tenth of what it was at the january peak. these massachusetts high schoolers can thank the vaccine for their senior prom. >> i believe it was 71% of our seniors as of monday have been vaccinated. >> reporter: in nine states, at least 70% of adults are partially vaccinated. in ten others, mostly in the south, less than half have gotten one dose. >> we've all been concerned about this new variant. >> reporter: british health officials found the vaccines are effective against a variant first discovered in india which is circulating in the u.s. >> the message for everybody watching this which comes from this data is that getting the secon

laura podesta is in new york. the cdc does have a warning, though. >> reporter: it sure does. good morning. it says that if unvaccinated people choose not to wear a mask or socially distance that we could see another surge and be further away from herd immunity. the u.s. could see a dramatic drop in the number of covid-19 cases, hospitalizations, and deaths according to new projections from the cdc. >> in good news, the models projected a sharp decline in cases by july, 2021, and an even faster decline if more people get vaccinated sooner. >> reporter: cdc director rochelle walensky did offer a warning if unvaccinated people don't wear masks or socially distance. >> variants are a wild card that could reverse this progress we have made. >> reporter: the biden administration hopes 70% of the country will be at least partially vaccinated by july 4th. health experts say the margins could be razor thin. >> 5% or 6% could be the difference between really having protection as a society versus still having a lot of active cases out there. >> reporter: as the country reopens -- >> the

laura podesta in new york. thank you so much. >>> so breaking overnight, there raelalestians.ks between israel carried out dozens of air strikes targeting gaza this morning. it is the latest and some of the worst outbreaks in violence in a decade. the death toll has risen to at least 40. elizabeth palmer with the latest. >> reporter: just after 9:00, rockets fired in gaza lit up the sky over tel aviv. down on the ground, sirens wailed and people ran for cover. one woman was killed in the attack. prime minister benjamin netanyahu warned that hamas and islamic jihad would pay a heavy price. the palestinian citizens of gaza have already paid a heavy price. all day israeli air strikes pounded the territory. officially targeting military installations. but civilian bin were 220 people were injured in retaliation, hamas rained more than 400 rockets down on israel. the damage was limited by israeli interceptor rockets, the so-called iron dome which blew most of them to pieces before they landed. there are now internat

laura podesta explains. >> reporter: sign of fire conflinoenters its second week. israel launched another series of air stristrip. this weekend marked the deadliest of the conflict. israeli officials say they were targeting hamas leaders and homes used to store weapons. they've responded with rocket fire aimed at israeli territory. most have been intercept by iron dome missile defense system, though several have gotten through including one that killed a man near tel aviv saturday. un security council convened for emergency session yesterday. a number of countries including u.s. are calling for immediate cease fire. >> my administration is going to continue to engage palestinians and israelis and other reginald partners to work toward sustained calm. >> an exclusive interview with face the nation, benjamin netanyahu indicated the fighting will continue. >> we'll do wh tafor order. it won't take long but itis almeth mewatch dog reporters without borders are calling for investigation into israeli air strike over the weekend ga building housing media. israel insists i

laura podesta has the latest on what had been just a civil investigation. >> a big announcement from the p pror organizati that our mthe ump ion to the or is no er purely civil in nature. we are now actively investigating the trump organization in a criminal capacity. that's a statement provided by new york attorney general. they have been looking into if the trump organization falsely reported the value of virus properties to secure loans and lower its tax liability. the claim was brought to prosecutors attention by trump's former personal lawyer. >> to your knowledge did the president or his company ever inflate assets or revenue >> yes. >> was this done with the president's knowledge or direction >> everything was done with the knowledge and at the direction of mr. trump. manhda beinvestigating mrtrump' prepresidency business dealings and if his company manipulated the value of assets. the trump organization couldn't be immediately reached for comment. mr. trump has said that both investigations overseen by democrats are political. the new york attorney general has not said what t

laura podesta with the latest on pandemic progress this morning. >> the white house is pushing for an international investigation into the start of coronavirus. >> what we share everybody in this country is a desire to know how this started, where it started and prevent it from happening again. >> the administration is urging china to release more information amid a united states intelligence report that indicates three researchers at a whuhan lab shot hospital treatment in november of 2019. it gives credence to a theory that the virus escaped from the lab. china denied the report and accused the united states of trying to hype up the theory. >> we should continue to investigate what went on in china until we find out to the best of our ability exactly what happened. >> 58% of americans 12 and older have gotten at least one dose of the vaccine. officials are taking advantage of the progress to announce school reopenings this fall. >> new york city public schools will fully reopen in september. every single child will be back in the classroom. >> second grader jackson is excited to go

here�*s laura podesta.sident trump manipulated the value of assets such as trump tower right behind me here. potentially inflating the price of this property in order to secure bank loans or deflating it in order to get a tax break. this isn�*t the only investigation into mr trump�*s business dealings within the state of new york. there�*s one from the attorney general and one by the district attorney of manhattan. here�*s gary o�*donahue. well, there is already the existing criminal investigation by the district attorney in manhattan. we know that that has been looking into the trump organisation, particularly into its financial dealings, and back in february, of course, they got hold of donald trump's tax returns after a protracted court battle. so that is going on at the same time, the attorney—general for new york state, letitia james, she has been conducting a simple inquiry. ——conducting a civil inquiry. that's not become a criminal investigation. that's what's changed here. and i think really what th

we can speak now to laura podesta of cbs news, who is outside trump tower in new york. has been happening so far in those two years? there are two pending investigations right now. one by the new york attorney general office and the other by the district eternity mac attorney in manhattan and now they are both criminal investigations. —— district attorney. it means i could go to trial if this investigation needs to proceed in that way. you're looking into the pre—presidential business dealings of president trump and people within his organisation, that trump organisation, and whether president trump manipulated the value of assets such as trump tower right behind me here, potentially inflaming the price of this property inflaming the price of this property in order to secure bank loans or deflating it in order to get a tax break —— inflating it. deflating it in order to get a tax break -- inflating it.— deflating it in order to get a tax break -- inflating it. explain the significance _ break -- inflating it. explain the significance if _ break -- inflating it. explain

laura podesta, of cbs news, gave me this update from outside trump tower in new york city.ttorney general office and the other by the district attorney in manhattan and now they are both criminal investigations. it means they could go to trial if this investigation needs to proceed in that way. they are looking into the pre—presidential business dealings of president trump and people within his organisation, the trump organisation, and whether president trump manipulated the value of assets such as trump tower right behind me here, potentially inflating the price of this property in order to secure bank loans or deflating it in order to get a tax break. explain the significance if you will of this investigation moving from being purely a civil matter to a criminal investigation. a civil matter would be the plaintiff trying to recoup some sort of monetary amount from the defendant. and a civil trial doesn't necessarily mean that there was a problem to society as a whole. in the meantime, a criminal trial could potentially result in a much harsher penalty than just paying a s