he's telling this to michael cohen. you will look like you have negotiated with one of america's toughest adversaries. it happens that that would also be beneficial to lod mere putvl. it would look like he had a good relationship with the u.s. >> it is a bizarre reading of how it would have been greeted had that deal gone through. just understanding how the news workings and how people were treating trump. this is such a puzzle but the fabric here is absolutely stunning. and i have a feeling there's a lot -- this feels like the start of a lot of reporting in terms of us getting to understand this part of the campaign. carol from the washington post, really appreciate your time tonight. congratulations again on this scoop. >> thanks, rachel. >>> the city of hugh stan today has been making hard choices on how to imagine the epic flooding that's innone dated the american city. we've got an expert to ask about this stuff. that story is ahead. >>> plus the little bit of news we're going to break on the russia dossier. that's

>> certainly sater is a guy known for a lot of bluster and that was michael cohen's sort of framing of this and his response to the congressional investigators was that a guy who talked a big game. didn't necessarily deliver. he didn't necessarily feel the need, cohen did it, to flag these things up the food chain. we know he did talk to donald trump at least three times. cohen did to trump at least three times about this trump tower moscow project. the most interesting thing to me, i think, steve, is that it really shows a degree to which in working in the former soviet union, working in russia, business and politics are con flighted. that's the way sater thought about it. he talked about working this trump tower moscow deal and the same track as he talked about winning donald trump the election, suggesting that the two might somehow be linked, if there could be support from putin for this project, there could be support from putin or in some way a support that would help donald trump win the election linking those two things together. and then, you know, frankly, you see it with mich

michael cohen said he had never been in russia. he was out with his son when they said he was there. he's already been besmirched once. nothing came of it. no deal was made, no visit was made and when the president says he doesn't deal in russia, watched gas said again and again -- what he has said again and again is that he was there for the miss universe pageant. he has no business dealings there and in this case no deal was made. for the trump towers all over the world, moscow does not have one. >> bret: sure about the deal was being talked about it. there was a push in february, january 2016. you would think nothing at all might not be the accurate statement. >> let's look at what the investigation is supposed to be about. everybody breathlessly predicting you're going to see interference, collusion, and affecting the election results. last time i said hillary clinton, not the russians, propelled donald trump to victory. i think no one can argue with that. that's what we promised. but for collusion, that donald trump would not

same thing with michael cohen.se e-mails we broke earlier this week that showed michael cohen e-mailing with this russian american businessman with whom trump had done business in the past, felix satel. felix sateer is suggesting that this project in moscow, that michael cohen was working on, trump tower moscow, was potentially linked to obtaining russia's help in the election campaign, that these were somehow linked, and cohen was taking him up on his offer. and actually trying to get assistance from the kremlin on this offer. that also shows intent. whether they actually got anything or not and all evidence suggests that they didn't, nonetheless, that they had acted on something they thought was going to involve russia and be of benefit to donald trump's presidential campaign. that is not to be taken lightly. >> mike mcfaul, this is an interesting one. there was actually a denial issued by a man named dimitry peskov a press attache to vladimir putin, in which he says, i confirm that among a number of ee-mails, on

michael cohen, quote, this really happened. why is russia corroborating a story that looks so bad for donald trump? they do offer a defense within this corroboration claiming they didn't respond to that e-mail or raise it with putin. a claim bob mueller is sure to be fact checking. these are putting more pressure on michael cohen who sent the e-mail and facing calls by congress to sit for questions. the same who pressed donald trump junior to agreeing to an interview of his own. all of these developments raise a pretty basic point. if you need an alibi in the russia investigation, it's probably better that it does not come from a key aide to vladmir putin. i'm joined,0 eed now by former m bask -- ambassador to russia. olivia, we have talked about this a lot. when you look specifically at the kremlin speaking out today, they are confirming the other side of this. they don't have a need to do that. what do you make of it? >> it's terrible for the president, obviously. there's sort of a drip, drip. it's increasing with speed every

michael cohen yesterday handed over documents to the house intelligence committee.e appears to have released some of those documents and a fullsome statement about them to some reporters, presumably to put his best spin on the content of those documents that are now being handed over to congress. now, we thought -- i think everybody's thought that those documents were being handed over to congress ahead of michael cohen having to testify to congress. so whatever spin he was putting on them by leaking them to the press, he'd eventually have to answer tough questions about them from the congress, congressional investigative committees, even if that testimony was going to be behind closed doors. back in june, michael cohen confirmed to bloomberg and reuters that he was going to be testifying before the house intelligence committee on september 5th, which is a week from today. we believe these explosive documents about trump tower moscow were handed over by michael cohen yesterday in advance of that testimony next week. but maybe it's not going to happen. when we called

the recipient of the e-mail, michael cohen, president's long time lawyer and executive of the trump organization. in the wake of russia's interference in the trump administration and amid collusion in the trump campaign the president himself insisted he had no russian ties to compromise it. >> i had no dealings with russia. i have no deals in russia. i have no deals that could happen in russia.

because the idea of a trump tower in moscow and satter and michael cohen.tements make it seem as if there was collusion over here, these guys didn't seem to know it. does that make sense? i'm reading this sater story and thinking, okay, these guys certainly wanted a deal. >> yeah. >> if there was collusion, why didn't they get the deal? so i don't -- like, in a way, is their failure to get the deal at least proof of at least michael cohen's innocence or something like that? do you see where i'm going here? >> i absolutely do. but it feels like there is a lot we don't know about why that deal didn't go through. first of all, it's just -- in any other situation, for any major party candidate to be doing a deal with the adversary of the u.s. and in mouscow. >> that in itself certainly could be -- maybe not a technical legal violation, but certainly an offense that maybe our politics couldn't handle. >> exactly. just inconceivable. and so was there time where trump suddenly realized he was competitive and this was not tenable any more? just the idea of this goi

michael cohen put up a tweet today. there you see it. it's a montage of photos of himself with persons of color and he talks about supporting the president. does not make him racist. and new to nbc news, michael cohen gives us an additional comment that gives us some insight into his thinking and what it is like on this day after for people who are supportive of this president. i know president trump, michael cohen, says and his heart. he is a good man and doesn't have a racist bone in his body. all morning i'm receiving comments about being anti-black, racist for supporting trump. it's just wrong. trump is not a racist and neither am i. the attacks against him and all of us who are supporting him are disgusting, disgraceful and i denounce white nationalism and hatred of anyone based on race, religion, creed. it gives you a sense of the emotional backlash and the discomforting position that people who are friends of the president or in his orbit are feeling today. guilt by association, if you will. condemnation by association andand so y

michael cohen someone you reported on a lot. walk us through that part. >> he's the president's personal lawyer and he's got a long and colorful history with business entanglements with russia. he's very frank. he's acknowledged that he spoke to the president on three occasions about this deal and signed a non-binding letter of intent. i agree with everything that's been said. it's just extraordinary this was going on during the campaign and further it's extraordinary that the president that donald trump denied this was happening. said there was no deals with russia. they are not taking a strategy of let's get everything out. we still may have a lot to learn about meetings, entanglements, potential deals with russia. the other thing is mueller is going at this case like he's investigating the gambino crime family. there's no holds barred. we saw that with the search of paul manafort's apartment. there's no deference because this is the president of the united states and his team. >> let's make one thing clear, the initial statem

the president's personal person michael cohen discussed this moscow housing with president trump.you tell us? >> yeah, don this seems to undercut the president saying he had no business with russia. we're learning the president on three separate occasions discussed this hotel and ko condominium complex in moscow with michael cohen. he tried to restart the talks. the man who tried to broker this moscow deal is a russian/american businessman. he says in the "new york times" today our boy could become president of the usa and we could engineer it saying he could get the putin team's body in for the project. cohen did downplay this matter saying i abandoned the proposal because i lost confidence the prospected licenses would not bring the project to fruition. >> okay manu, you also learned about another effort to set up another meeting with trump campaign officials and russias. tell us about that. >> yeah that showed him relying a message from an individual from west virginia who wanted to set up a meeting with the trump campaign and vladimir putin. we've learned this west virginia ma

paul manafort, trump attorney michael cohen and the trump jr. meeting.n spokesman has to say about that e-mail on trump tower moscow. also, the president hits the road to sell a tax plan. the only problem, there's not much of a plan to sell. instead, he's warning congress not to disappoint him. >>> and the number out tonight

michael cohen is trump's longtime lawyer. he does trump's bidding. and here he is, in plain daylight today for the first time everyone can see it, asking the putin government for help in the same year that trump categorically denied any business or political ties in russia. >> we're all over the world. i had nothing to do with russia, folks. i have no dealings with russia. i have no deals in russia. i have no deals that could happen in russia, because we've stayed away. and i have no loans with russia. i have nothing to do with russia. i have no investments in russia. none whatsoever. i don't have property in russia. >> no property in russia. so here's what's different right now. even if that statement by donald trump were true, today's revelation shows it was not for lack of trying. the trump organization wasn't just trying to build a trump tower in moscow, when the project stalled it tried so hard, they wanted to get vladimir putin to help seal this deal. and putin is not known for his charity work. if he does something for you, he expects somethin

they're going to get the conversations probably between michael cohen and now president trump. and they're going to be able to lay out the evidence bit by bit, showing a financial interest and a financial connection to russia. in a way, that then helps the obstruction charge because although you could have obstruction when there's no underlying crime, it sure gives you a lot of motive and a lot of incentive and makes a lot more sense if you have something to hide. >> please stay with us while we sneak off to this break. we'll be right back. coming up, how would you describe donald trump in one word? and you have to keep it clean, or at least the people you're going to hear from had to keep it clean because they were in a focus group. and you're going to hear what they had to say, and you're going to hear what trump voters had to say in one word to describe donald trump. i wanted to know who i am and where i came from. i did my ancestrydna and i couldn't wait to get my pie chart. the most shocking result was that i'm 26% native american. i had no idea. just to know this is what

and now you've got felix sater saying to trump's personal lawyer, michael cohen, "let's engineer then with putin." ( laughter ) like, these people are so heavy handed, it's almost like the emails were composed by a porn writer. that's how blatant it is. "hello, i just moved in next door, and i'm so horny for collusion. yeah! yeah!" ( applause ) now, look, we don't know how bad this is. we don't know how it's going to end. what we do know is that now handsome bird has all the reason he needs to add trump's personal lawyer to this investigation. and i don't know about you, but my lawyer knows some ( bleep ) about me. no, i'm just joking. i don't have a lawyer. i don't even know what lawyers are. so this "buddy boy" email may not be the smoking gun for trump, but what it could end up being is the broken tail lights. yeah, the thing that gives law enforcement the excuse they need to look into trump's trunk. and we all know, he's got a lot of junk in that trunk. ( laughter ) ( applause ) we'll be right back. ♪ blue moon is brewed with valencia orange peel, for a taste that shines brighter

but michael cohen there was a line in "the washington post" piece that says it's unclear if donald trumphing that cohen's involved in especially at that level trump would have been all over that. and people in trump's orbit are concerned now that mueller has all of the excuse he needs to go really deep on michael cohen. cohen has been a key figure in the trump organization for a long time. his desks are a few steps away from trump's and his financial dealings are inextrickily tied up with donald trump so this is the most exposed that the athas been so far. >> michael steel, there's some reporting that nbc's not completely confirmed but that there were reports that the president is very angry with mitch mcconnell for not doing enough to get in the way of these investigations. >> right. i mean, every time there's a good day for trump's relationship with congressional republicans the russia investigation remains the monster in the closet that could up end everything. at the same time, congressional republicans, one, they're making sure that responsible, bipartisan investigations go on. >> h

one, the lawyer could have been acting as a business adviser, much as michael cohen frequently did and then you don't have attorney/client privilege. it could be that they were plotting a crime and they're both guilty. it could also be that a third person was in the room. so there are some exceptions to the privilege that could explain why they're going after the lawyer. >> all right, thank you both for being with me tonight. joining me now, democratic congresswoman maxine waters who has been quite outspoken about the russia investigation. what do you make of the latest developments? >> well, i am not at all surprised. i have always anticipated that the dots would be connected, that certainly there was collusion and certainly that all of those allies around this president which i dubbed the kremlin clan have been in some way connected with putin and/or the kremlin and it's all about money. i said a long time ago, follow the money, follow manafort. and i hope that our special council, mr. mueller, will get what was happening with manafort and the cyprus bank. i think there's big money l

in a statement-- michael cohen says the efforts were abandoned in january of 2016 and was not related trump's presidential campaign. it's not clear how much president trump was involved coming up-- a gunman opens fire inside of a library. what witnesses say they did-- to get out inside of a library. what witnesses say they did-- to get out alive. all eyes on texas, as flood waters rise by the hour. the latest on the storm's impact, and more on the wet weather we will see here in our area today. all that-- coming up in your stormwatch weather forecast. - wet, windy, and cool today - awaiting 5am update from nhc to see if irma has formed - warmer tomorrow; dry through friday - rain from harvey arrives this weekend (saturday) - dry labor day monday today: wet and windy. unseasonably cool. highs: 67-70 winds: ne 10-15 g 25 mph tonight: mostly cloudy. lingering shower. lows: 61-67 wednesday: partly sunny. warmer. highs: 78-81 winds: nnw 5-10 mph coming up-- more than a dozen a-u students-- the university calling them part of an underground group-- putting student safety at risk. the detail

even michael cohen. e-mails. contacts with russians.id i have no contract with russians. making an accusation against the president. if you had a legitimate accusation. i would be all ears. i am a journalist. like you are. never tried to use leverage. no deal with russia, no loan, no nothing. and then he -- they assumed, not a career, government oligarchs. be there, 30, 40 year. and donald trump its a business guy. doing business here. there is noth wrong with doing business. he has been pretty open. a lot of this business, stuff has been out there. so, hasn't been pretty open. no one knows who he has business with. his sons. >> lexus-nexus. >> if he released tax returns. everybody would know whuchlt he has done business with. >> i think he should release the tax returns. the american public voted on that issue. and it is not a riermt in the constitution. the public knew he wasn't releasing it. he said he would release it. after the audit was done. and i don't believe that, that, just because the press says he should do something, that,

the michael cohen defense is like, hey, we had a lot of deals going on.hat's kind of the problem. >> give it time. and then "new york times" publishing these e-mails between another associate and cohen. "buddy, our boy can become president of the usa and we can engineer it. i will get all of putin's team to buy in on this. i will manage this process." what does that tell us about these relationships? >> well, yeah. that character is an interesting story in and of itself. i don't know what the connection is between getting a deal like this done and donald trump elected president. putin's people ended up not being that interested in it. one possibility this raises to me or one that occurs to me is the timing is interesting when you talk late '15 early '16. think of what we were saying about donald trump's chances of being elected. he certainly won't be the president and i do wonder if there is an element of this in trump world where even donald trump himself and the people around him and sort of the trump business side of things didn't really think he was g

this man michael cohen .the copies do not show whether cohen responded. he said sater is quote to prone salesman ship also the subject of a third story a "washington post" report that says cohen asked for a putin aid to help out and business deal. a up to executive from donald trump real estate company. e-mailed vladimir putin during the presidential campaign to ask for help advancing a stalled trump tower development product in moscow. according to documents submitted monday. cohen said the organization has reviewed countless opportunities the moscow deal was rejectsed. he says trump was never in contact with anyone about it other than cohen on three occasions. the trump organization said it never had any real estate holdings or interests in russia. all of this as it unfolds there is new breaking news to deal with. north korea fired an unidentified ballistic missile toward japan this evening. the prime minister of japan called the action reckless, unprecedented and a significant threat. our leadoff panel tonight. white house bureau chief for the "washing

michael cohen is a long-time lawyer and it doesn't mean that it's a quid pro quo. long way from connecting dots but it suggests that the president's narrative about nothing to see here, nothing was said, nothing was communicated. no trump tower. >> "new york times" reported that there was repeated contacts between a high level of the russians and the facts have shown that to be true. i'm jim sciutto. thanks very much for watching. cnn's special i can braing news coverage continues tonight. we're hearing harrowing stories as nightfalls in the flooded areas. we turn to erin burnett "outfront." >>> "outfront" next, breaking news, hurricane harvey regaining strength and getting ready to strike again. thousands of rescues and tens and thousands expected in sheller its. very latest in the catastrophic storm. trump doubling down on pardoning joe arpaio saying that he did it when hurricane harvey hit because he thought the ratings would be high. >>> and we're live in pyongyang. let's go "outfront." "outfront" tonight, the breaking news, bracing for another hit. harvey righ

also you have the fact that michael cohen e-mails putin's spokesman is laughable.eneric e-mail he probably saw on the kremlin website. we reporters have a better e-mail for him. it's kind of like you want a real estate done in manhattan so instead of e-mailing jared kushner or ivanka trump, you e-mail sara huk apea sanders. >> you're saying these people are out of gold finger, they're out of mr. mcgoo. >> it's "pink panther". yes. or "veep". >> i want hamburger. "veep is mo "veep" is more hillary clinton. >> also the issue of corruption. donald trump's team was doing this as he was waging a campaign in which he called hillary clinton crooked hillary. all the pay to play allegations, and what's he doing while this is happening? >> he's reaching out, trying to get a deal in moscow. >> he's trying to pay to play. >> yes. he's trying to do what he's accusing hillary of doing. he can't, because it's "pink panther". >> i'm just saying if you don't have a theme to "pink panther" going out, seriously, that's gross negligence. also alex, if you could get the bathroom scene

and then we get this e-mail from michael cohen to dimy try peskov. so what you've got a an active process during the heat of the republican primary campaign election. >> now, not only that, matt, but to your reporting on that sater e-mail which is pretty remarkable document, because it explicitly connects the two, right? it could be the case that there is a parallel that is the trump org and they are doing deals everywhere, in turkey, in the philippines. but the sater e-mail says, no, no, no, there is a direct line. if we build this and get pewter pute /- putin on board, that will get donald trump elected. >> well his logic is the world needs to see that donald trump is this brilliant businessman and great negotiator. if we can get him cutting a deal with russia and on the same stage as vladimir putin then the world will see that he he is not just a great businessman he is a great statesman. this will elevate his portfolio. this will show he is the man to bridge the gap, you know, in our relations with russia. again a lot of this, as russia said, a l

michael cohen, like all of donald trump's lawyers, tend to dismiss and poopoo these things, in fact, i think he said something along the lines of, it shouldn't surprise anyone that the trump organization has business dealings all over the world. the job of mueller here is to figure out what interference russia had in the election. if you were robert mueller right now what's the best piece of evidence you have seen? >> the best piece i have seen is probably the memo relating to the june 9th meeting where they talk about bringing documents to the campaign. they talk about first sending them to trump's secretary and then saying well, instead we'll bring them directly to donald jr. i would the bet you anything those documents were the same documents hacked out of the hillary clinton's campaign headquarters. very sensitive documents. and later, two weeks, within two weeks after that june 9th meeting, these documents show up on the internet and they show up in wikileaks. and we do know that donald trump's chief operative, roger stone was in contact with both guccifer, who is the russian ha

but what we learned was there was a very active effort involving michael cohen, a top trump organizationxecutive, to get this done during the presidential campaign. this effort started in earnest in september 2015 and lasted until we understand the end of january, 2016, a time when trump was being asked repeatedly about vladimir putin and starting to develop his policy on russia. >> the developer behind the deal is a russian born, right, felix stater, someone trump has tried to distance himself from repeatedly. tell us more about him and how he was involved in all this. >> sure. he's a very colorful figure who had worked on trump projects going back into the early 2000s. he's a guy who had served some jail time for a barroom fight in the 1990s and then e ppled guil for his role in a mafia-related stock fraud in 1998. we should note his sentencing in that case was delayed for many years while he served as cooperating witness assisting the fbi and the cia on various issues of national security and organized crime. >> it was him who wanted trump to g to moscow. what was that all about? >> w

according to these brand-new e-mails leaking out this afternoon, trump's top lawyer michael cohen e-mailed putin government to help the trump organization make money. that means contrary to trump's claims, which w

in a statement to the house intelligence committee michael cohen said a propose to build a trump tower in moscow emerged in the fall of 2015. he said president trump knew of the potential deal and signed a letter of intent. he also acknowledged having direct contact with the kremlin about the proposal. he tells abc news it was simply one of many opportunities that the trump organization considered and ultimately rejected. >>> the quiet of a public library in new mexico was disrup after a man opened fire. two workers both women were killed. and four others were injured. people in the library, many of them children scrambled for safety as the gunfire started. a suspect is reportedly a 16-year-old male. authorities say he surrendered once confronted by police. of course, in the early stages of the investigation looking for a motive. >>> coming up, television pastor joel osteen responds to accusations that he's not opening his church to houston flood victims. >>> also the dramatic scenes overnight as shelters in houston are inundated. the big concern now. >>> a houston mother and her famil

. >> reporter: in january 2016 justice primary season was heating up, michael cohen a long time attorneyor the trump organization emailed demitry peskov, chief spokesman for russian president vladimir putin. cohen sought the kremlin's help with a proposed trump tower project in moscow. cohen wrote "i respectfully request someone, preferably you, contact me so that i might discuss the specifics as well as arranging meetings with the appropriate individuals." it does not appear peskov responded. today, cohen said he discussed the deal with mr. trump three times and that mr. trump signed a letter of intent in october 2015. by that time, candidate trump had surged to the top of the republican polls. >> and i will get along with putin. >> reporter: cohen also traded emails with felix sater, a business associate involved in the trump tower moscow project. sater claimed to have deep ties inside the kremlin. "our boy can become president of the u.s.a. and we can engineer it," mr. sater wrote. "i will get all of putin's team to buy in on this, i will manage this process." in a statement today, co

michael cohen, long time attorney for the trump organization, e-mailed dimitri peskov, chief spokesmanmir putin. sought the kremlin's help. cohen wrote i respectfully request some one preferably you contact me so that i might discuss the specific as well as arranging meetings with appropriate individuals. in an interview with t"the wall street journal", cohen says he discussed the deal with mr. trump multiple times and mr. trump signed ape letter of intent in october 2015. by that time, candidate trump surged to the top of the republican polls. >> i will gait long with putin. >> cohen traded e-mails with a business associate involved in the trump tower moscow project. seder claimed to have deep tie thousands inside the kremlin. our boy can become president of the usa and we can engineer it. i will get all of putin's team to buy in on this. i will manage this process. in a statement today, cohen described trump tower moscow as "a building proposal that did not succeed and nothing more." the project was scrapped shortly after cohen e-mailed peskov, the kremlin spokesman. >> the campaign

trump lawyer michael cohen and russian real estate broker feel exseder and seems to indicate willingnessto help him become president. seder wrote he would broker a deal with vladimir putin to get then candidate trump el elected and additional story reported from "washington post" claims mr. trump lawyer reach out to top putin aid. >> nude photos of justin bieber within reported on selena gomez's act after she was hacked. she has 125 million eyes on content. the photos were deleted. bieber and gomez deleted years ago and since both moved on. >> conner mcgregor too several blows saturday. not only was he the one but so did pay perview. mill watched for free because people with smart phones reported life from living rooms the experts say sheer number of live streams makes it difficult to remove them all. >> despite dealing with h hacking scandal that resulted in leaks of biggest shows hbo came out victorious sunday. "game of thrones" season finale last episode broke records with 12.1 million views and viewers. now that's a series high and 36% increase over last year's season. the. >> that's

michael cohen threatened to sue and shut -- he said he threatened to sue and shut the production downs he doesn't remember getting angry. >> his arch nemesis mark cuban. >> a good story line. delicious. if only we'd have gotten a glimpse of what president trump would have been like. >> what would his hair have been like? >> not i don-- i don't know. >>> on cnn "money stream," the dow hit a new milestone, 22,000. we saw the nasdaq and s&p close flat at nearly 5% surge in apple stock. that's what carried the dow past the milestone. it is one of the dow 30 stocks on the average. so when apple moves, it really has the impact to move the entire index. boeing, mcdonald's, and united health other big contributors. now futures are lower. everybody taking a breather. >>> the waiting list for tesla's new model 3 is growing fast. during the latest earnings report, the company says it now averages more than 1,800 reservations a day. strong demand could be a mixed blessing for tesla. it's scaling up production to make good on deliveries, but tesla saying it remains on track. tesla also posted almo

the e-mail from long time trump aide michael cohen represents the most direct outreach from a trump aid to a senior member of putin's government according to post. it also provides an example of a trump business official directly seeking kremlin assistance in advancing trump's business interest. cohen who says he discussed the deal with trump says to the best of my knowledge, mr. trump was never in contact with anyone about this proposal other than me on three occasions including a nonbinding letter of intend in 2015. "the new york times" published the contents of an e-mail between cohen and the trump business associate pushing the moscow deal. in one exchange our boy can become president of the usa. i will engineer it. ly get all of putin's team to buy in. the plan was abandoned before the first primary in 2016. >> incredible develop. >>> much more on the latest in texas as hundreds of thousands of residents brace for more rain. >> we'll get live reports from across the state on rescue operations as president trump prepares to head to the state to get a first-hand look at relief effort

the revelations come from e-mails turned over to congress monday by donald trump's lawyer, michael cohenolvement in trying to get a major real estate deal in russia. what was going to be the tallest building in the world at the same time he was running for president. some four months after he began to run for president, denying he had any ties to russia, donald trump secretly signed a letter of intent to build a trump tower skyscraper in moscow. the letter was signed on october 28th, 2015, according to trump's lawyer. all at the same time that trump was full of praise for russia and russian president vladimir putin, including to george stephanopoulos. >> because if we get along well with russia that's a positive thing, george, not a negative thing. >> reporter: the deal for the moscow project was later abandoned just before the first primaries. yet, trump during the rest of the campaign continued to flatly deny any connection to russia. >> i don't deal there. i have no businesses there. i have no loans from russia. >> i have nothing to do with russia. i don't owe money. i don't have deal

we are joined by michael cohen, barclays head of oil markets research. michael, let's begin with you. do not underestimate the impacts of the circuit. walk us through it. reasons for many of the tina already mentioned. we have production, demand, and refined products impacted. we have yet to see the full impact on refineries, especially the ball mark houston ship channel -- beaumont houston ship channel area. it does not get much more important than the houston corpus christi corridor. we are seeing not only an impact to the infrastructure, but simply getting people to where they need to go. also for the first time since the shale boom, we are seeing for impact a key export hub products and crude. companies have suspended drilling and completion activities. we have seen about hundred thousand barrels a day of crude output stopped. you have the offshore impact as well. jonathan: where is the capacity to make up for what is lost? eric: --michael: there is some inventory of product and crude. you have government inventories that are ready and willing to be r