new york state expected to pass a bill that would allow the handing over of any new york tax return that the house ways and means committee requests. those state returns include much of the federal information. in a moment i'll speak to the new york state senator behind this bill. first, abby phillip is live outside the white house and abby, any response from the white house on this new york state bill which obviously could pose a huge threat to the president. >> reporter: that's right. these threats to the president when i kn it comes to seeking information are coming from all fronts at this point. the white house has not specifically responded to this new york state bill but you can imagine that they might respond to this the same way that he responded to all of these other inquiries by putting a team of lawyers on this issue threatening litigation, trying to hold this hold thing up in the courts. the white house has been successful in delaying the federal tax returns because they have some control over the treasury department. the president has put someone that he knows into the gener

it is colder in new york state. i am heat. it is colder in new york state. iam not heat. is colder in new york state. i am not quite sure how much the resurgence will be, he had to pull out an event i couple of weeks ago as he manages his body, but instead of me talking about it, let's hear from instead of me talking about it, let's hearfrom him. instead of me talking about it, let's hear from him. i feel great. asl let's hear from him. i feel great. as i was saying earlier, i wanted to play a couple of weeks ago, edges wasn't quite mental ready. but physically i have been feeling really good. the training sessions have been good. i happy doing a lot of practising of late. not in sweaters, so this is a little bit different. i sweaters, so this is a little bit different. lam sweaters, so this is a little bit different. i am excited get out there on the golf course. how much does the sport still rely on him? i thing it still does, because there is no doubting the attention and the attraction of tiger woods playing well for goal. even being there at the masters and seeing ho

new yorkers. right now the state of new york already shares the tax filing information of new yorkers with the federalnt and share it with other states. we're creating another avenue for the state of new york to share state tax returns with the u.s. congress. >> now, congresswoman, let me say i know i said you're from florida and you know i know you're from california. >> thank you. >> let me correct that. as a member of house ways and means, first of all, your reaction to the white house and the treasury secretary rebuffing you. they say they are for, what does that say to you? >> i cannot even believe that we are going to this level. for four decades presidents have voluntarily submitted their tax returns to the american public. they know the american public expects to see whether their president is paying their fair share of taxes. this president refuses to do so. for mnuchin to rebuff the request that chairman neil has made is totally ridiculous and also offensive because it goes against the law, the 1924 law that's been there for 100 years that says those returns shall be provided to chairman nei

many of his business enterprises are based in new york state which means a lot of what is in the state returns would corresponds to something in the federal return. the new york times just publi published a report obtaining ten years of irs tax transcripts which shows he lost more than nearly any other individual taxpayer from 1985 to 1994. joining me now is new york state senator. good to see you. >> we have to pass it. this is an issue that's important not just to new yorkers but americans in general. i think we have a responsibility here. as new yorkers is the home of donald trump, we have a unique role in order to help the state tax department provide those returns to one of those three congressional committees. >> do you think you have the votes in the assembly to do this? >> i hope so. every democrat voted for it. we have express support from the governor. we have importantly and significantly saying this bill applies to every one. it's not just for one individual. the other thing to point out is this is something that's already routinely done. the state of new york routinely pro

age 72 of cancer. >>> so, if the battle of over president trump's taxes was a game of chess was new york stateweek was equivalent of queen moving to kill point. andrew cuomo backs a bill that would allow the tax department to release the president's state returns to congress. earlier i spoke with the senator who voted for that bill. >> what the bill basically says is that the head of the ways and means committee, who is a democrat, the chair of the finance committee, who is a republican, or the head of the committee on taxation, they can request new york state tax returns for anyone that they deem there is a legitimate legislative purpose. if there's that purpose, they can make that request and we provide it to them assuming they also make that same request to the federal. so, if they want six years of federal returns like in the case of trump, they can ask for six years of state returns and we can provide it. >> the president is not in office and he had released his tax returns, would this be moving through this quickly? >> i don't know. but what i do know is that right now we do have a presi

new york state senator brian benjamin comes on to join us. thank you for coming on. it's a sincere question. you want to see trump's tax returns, whatever. but it's bigger than just trump, right? >> of course. >> tucker: don't we have -- is there anything that should be private? >> first of all, as you know come on the federal level since 1924, the ways and means committee, the senate finance committee, joint committee on taxation, they can request federal returns. all we are saying is, if they want a state return, we are able to have that in new york. >> tucker: where are yours? >> if the senate finance chair or the ways and means chair or the joint committee of taxation shareai wants my company can react -- >> tucker: why don't you release them. >> why doesn't trump release has? >> tucker: he doesn't want to. ihe would like to see them. i agree. hold on. you are forcing it. >> we are not forcing anything. >> tucker:or yes, you are. >> we are saying that if there is a legitimate legislative

the question is also and new york state. new york state in 2017 the year that these transactions were seen. and said look, this is how we're going to look at donald trump and his family. this is how we're going to operate under that. this is a new york state department of finance. and new york state has been trying to do the most to have its own state level documents about the trump businesses and trump transactions in general to be able to share that information with congressional democrats. so this is a -- probably a sticky situation for donald trump to know these are records that are -- they should be accessible to government agencies on the state level in new york. >> which is maybe explaining part of his lashing out on twitter. a spokesman for kushner calls the story scandalous. how much leeway does the bank have? >> the bank is supposed to report the transactions to the treasury department. the problem is the treasury department is part of the executive and the mnuchin is the head to the treasury department and he's be

we here in new york state made clear that as long as the request relates to a legislative pass of congress. we are conducting oversight and investigations or whatever congress determines that new york state will be partnering in sharing that information. >> so here we go. so the victor goes to spoil. the democrats are in control here and that's as i said it has consequences. so i guess we'll see who is all in court and this will continue on. the best scenario i would imagine. >> i look forward by our founding fathers states reacting the the federal government and having a back and forth, that's the fair system that we treasure here in our country ands the an exampit is an example of things. >> thank you very much. >> ron allen, thank you for your reporting in new york. >>> let me show you what this all about. the president and his family filed a federal lawsuit against deutsche and capitol one looking to block the bank from complying with subpoenas seeking with his financial records. these are subpoenas issued by democratic-led committee. the lawsuit alleges the demands of the record has n

the democratic governor in new york cuomo is expected to sign it and it would take in effect immediately. new york new york state's here. >> thanks for being here. smoo why why is it good for new york? >> we as a home state and donald trump and many of his companies have has a speedom has a speedometresponsibility t into this breach and low and be hold, new york can step up to the plate and do something that perhaps congress cannot at the moment which is get a copy of donald trump state tax returns. >> are you late, were this better policy before the election? >> yes. probably. the first bill i wrote would require all presidential candidate to release the tax. this is the bill removed and it has the privacy protection. fulfilling the role of the state which is to make certain that we continue to cooperate with congress where needed. >> it is interesting and you are right with sort of stepping into the whole stick it and i see why you and your allies think it is constructive. getting getting information to congress is also constructive. have you pass a bill like this that was a lottll th alted? >> this is a republi

how can he do that with this new state request the new york state legislature? >> it's going to be a lot more difficult because president trump only has his article ii power in the federal system. in new york it's limited only by new york's individual state tax laws. as the president believe it or not he has zero power over state laws or state government. so it's a totally different sovereign as we call it, a different kingdom literally between the states and the federal government. so that is something that won't be as easily slow walked because trump doesn't have the same power over the state government. >> so for the new york legislature it's a way around for them. >> it is. there may be other laws protecting the privacy of individual taxpayers but trump doesn't have that article 2 power that presidential power to order the executive branch including the department of the treasury to do whatever he wants hem them to do. >>> let's get a check on your weather now from bill karins. >> we made it through yesterday, considering we went into it considering we'll hav

in steps new york state. allen is live in albany to explain state lawmakers' plan that will actually get a vote this afternoon. so ron, let's start here. walk us through this. how can a bill in new york state mean that federal launches would s -- lawmakers would see the president's returns? >> reporter: because in new york the democrats are in control of everything. governor's mansion, the upper and lower chambers of the state assembly where i am now. so they can pass a law that says that that is what they can do. they are trying to pass a that you will give the state the ability to what the leaders of the committees in washington who want to see president trump's tax returns request his state returns from the state of new york and give them to them. of course there is a big fight looming about that ahead in the courts. but in the meantime, we have the sponsor of the bill here of white plains. he happens to be a tax attorney as well. so new york state is stepping in, this is a democratic move because you now h

the "new york times" is closing in. the new york state legislature is closing in, and the chairman of the house ways and means committee is closing in on donald trump's taxes. that's next. ritis, month after month, the clock is ticking on irreversible joint damage. ongoing pain and stiffness are signs of joint erosion. humira can help stop the clock. prescribed for 15 years, humira targets and blocks a source of inflammation that contributes to joint pain and irreversible damage. vo: humira can lower your ability to fight infections. serious and sometimes fatal infections including tuberculosis, and cancers, including lymphoma, have happened, as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don't start humira if you have an infection. woman: help stop the clock on further irreversible joint damag

new york. there was this great "new york times" investigation, so there are a lot of entities that file in new york, and as a result of that investigation, the new york stateeral said, we're going to investigate this closely to see whether the legal grounds for this is new york state owed any money as a result of the sport that donald trump says he engaged in in avoiding taxes. >> i was just thinking for a moment there, imagine -- >> i don't know enough about his personal taxes. >> and then it ends up it's florida and ron desantis says, check you later. >> and ron allen made an interesting point, that in theory by seeing these tax returns, they should mirror some of what's on your federal tax return. in some cases, that's true, but in some cases, it's not. but the idea is that more information will be available. ron, thanks very much. >>> next, a confidential draft memo from the irs. we mentioned it earlier. it appears to contradict treasury secretary steve mnuchin's reasons for not releasing president trump's tax returns. will that contradiction force mnuchin to change his tune? >>> plus, housing secretary ben carson confused a common real estate term wit

the "new york times" is closing in. the new york state legislature is closing in, and the chairman of the house ways and means committee is closing in on donald trump's taxes. that's next. taxes that's next. woman 1: this... woman 2: ...this... man 1: ...this is my body of proof. man 2: proof of less joint pain... woman 3: ...and clearer skin. man 3: proof that i can fight psoriatic arthritis... woman 4: ...with humira. woman 5: humira targets and blocks a specific source of inflammation that contributes to both joint and skin symptoms. it's proven to help relieve pain, stop further irreversible joint damage, and clear skin in many adults. humira is the number one prescribed biologic for psoriatic arthritis. (avo): humira can lower your ability to fight infections. serious and sometimes fatal infections, including tuberculosis, and cancers, including lymphoma, have happened, as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. tell your doctor if you've been to areas where cert

>> so it's in what they call the southern tier of new york state and what it is, it's about a 400,000foot facility where the farmers will grow the hemp in new york state. >> right. >> we'll process it, take the cbd out and put the cbd in to finished goods. the finished goods could be a topical cream, could be a beverage but be dosed so you know what you're getting and because it's regulated by new york state, the consumer is going to be protected even if the fda hasn't yet moved. >> i feel like i see articles and ads everywhere about how cbd is going to change my life, make my skin better, take my anxiety away, make me go to sleep. what really is it good for? can't be everything. >> no. you know, and i think the biggest risk for the sector is everybody wants to say the letters, cbd. >> right. >> so what the big -- what it could do, could be those things as harvard pointed out but could be many more. it could be a better skin care product. what consumers want is an outcome so they expect us to actually test it. how much cbd should you have? how often should you have it? if you're going

state? do you think that new york should help the feds enforce immigration law? the feds should be a century state. new york should be a sanctuary state. >> tucker: oh, okay. just wanted to -- >> >> tucker: no principles. normal principles >> following the law. >> tucker: [laughs] >> tell steve mnuchin to follow the law. a provide the tax returns that congress asks for and then we wouldn't have a problem. >> tucker: you are nice to come on the show. thank you for coming on. what are the plans of the democratic presidential candidates for the your guns if they win? will sell you after. ♪ >> tucker: it wasn't long ago that there were a lot of democrats who were pro-second amendment. that is on the case anymore. the 2020 democrats running for president are proving it. on her facebook page, senator kamala harris of california recently posted an image of an error 15 rifle, guns killed 40,000 people in 2017. what she didn't say dishonestly was that at least a quarter of those deaths were suicides. of the remainder come most of them are drug organ related. given her stan

they are conveying information to new york state authorities including new york state financial regulators in response to those requests. trump's bankers and his accounting firm have also been subpoenaed for trump-related financial information. those subpoenas are from congressional committees telling mazars accounting firm and deutsche bank and capital one bank to hand over documentation about their financial dealings with trump. the financial editor at "the new york times" just reported recently that the material that deutsche bank prepared to hand over in response to those subpoenas included multiple years of trump's federal tax information. the deadlines for those financial firms and banks to hand over that kind of information to congress, they have been pushed back temporarily because the president and his adult kids, he's a great father, have sued to stop those conversations from handing over those documents and complying with those subpoenas. but for all the fights about executive privilege and the regular tension between the executive and legislative branches and all the other ways

>> well, in the new york state senate we're trying to make clear that new york is its own sovereign entityhich has to look after the rule of law and so what we've said today are two important things. the first is that new york should join the 24 other states that give states a right to go after violations of state law even if there is a presidential pardon. we have a strong attorney general james who made clear she wants to look at the evidence without fear of favor and want to give her the ability to do that. and with respect to the president's taxes, this is about transparency. and new york may have a role to play in doing that and for this and future presidents and we need to follow the facts wherever they lead and new york as a state has the right to do that and protect this interest in doing so. >> mm-hmm. and glenda, how do you explain back to what the "times" found, the president reported $52.9 million in interest income. where do you suspect that money came from? >> that was -- during that period he made all of those take-over gestures. it seemed as though most of the income was co

specifically you heard me talk about new york state taxes and them trying to get his new york state taxes. what do you make of this round? will it be successful? are you backing it? >> i'm actually encouraged by this. i do think the new york state returns will reveal quite a bit because there is federal information that is on there. now, it does not have the audit information that we seek. nonetheless, it will provide a very valuable glimpse into this president's tax returns. and i think it will be a very great step forward. >> interesting fight ahead. congresswoman judy chu, thank you very much for being here. >>> several countries vowing to boycott georgia after its boycott bill. how the boycott could hurt the state's bottom line. how the boycott could hurt the state's bottom line. change has many faces. names you'll never know. the bright-eyed, the brave, the visionaries. where challenges exist, you'll find them. at citi, we empower people who are out to change the world. because tomorrow belongs to those who welcome it with open arms. citi. welcome what's next >>> georgia's governor s

meanwhile, in new york state, they've passed a law to ends run native new yorker donald trump. "the new york times" puts it this way. the new york legislation which is expected to be signed by governor andrew cuomo, a third term democrat and regular critic of mr. trump's policies and behavior, would authorize state tax officials to release the president's state returns to any one of three congressional committees. since trump is a new york resident and his business is based here, his state returns would include much of the same information as those federal returns. congress is trying to get their hands on it. meanwhile, federal judge ruled late today, he'll allow congress to subpoena trump financial records from both deutsche bank and capital one. nbc news has learned two other banks, wells fargo and td bank have already cooperated. it is a lot to cover. with us to talk about it, mimi rocca, for the southern district of new york, from the pace university school of law, and dan alexander returns, reporter for forbes, according all things trump. good evening and welcome to you bot

in 1972.back by 1979 i was working just up route 81 right over in new york state for new york state electrics and gas. was part of their speakers televisionwas on as the disaster transpired i actually said that the titanic hit the iceberg and sunk.eberg i was absolutely convinced the safety of nuclear remained an advocate during chernobyl in '86 until 1990 when i became whistleblower and that fundamentally changed outlook. there's not enough time to get into those details but in 1993, norm lamont asked theo be one of plaintiffs' expert witnesses in the trial. then, i told him nobody died, what are you worried about? in, norm convinced me spend about 10 hours and ig at the data did. and it fundamentally changed view, the seriousness of what happened tmi.at before i get into that though there's two things i abouto talk about, framing the discussion. i've heard a couple of forle, i've been here five days, used the word the tmi "accident." i don't use that word. accident is when a deer hits your car. disaster, a catastrophe, a meltdown, but it was not an accident. a near miss at another babcock a

some of it's already been handed over to authorities in new york state. new york state legislature is moving ahead with legislation that will allow them to convey all of the president's state tax returns to congressional committees, including his real estate and business taxes. at least one federal judge is now reviewing what was redacted from robert mueller's report. a second federal judge may soon follow. i mean, nothing is stuck, right? everything is moving. and just because a fight has been declared does not mean that a stalemate is inevitable or if there is a short stalemate that it will inevitability become a long one. but in the midst of all of this, and it is a real push me, pull you at this point. it is not stasis. stuff is happening. in the middle of this, here is my question, and i think it's answerable. and the houns intelligence committee chairman is here in part tonight because i'm hoping that he can answer this. regardless of whether or not you think president trump should be impeached, regardless of whether or not you think the u.s. senate

doesn't have the kind of legal and institutional power to intersect or intercede with new york and new york state's laws the way he does as a federal official. so i think he's got leverage. i think that will come to haunt him in some of the other investigations that are targeting the trump organization, the trump foundation, the people who work for him in new york and his finances. new york has quite a bit of leverage over him in these situations, and i think the other thing to remember, kasie, is that new york has a long memory and donald trump is a child and a son of new york. new york politicians, the new york media, and a lot of other institutional players here have been observing him for decades. >> tim, the irs did put out a statement to kind of broaden this out to this more national conversation that we started with saying this memo that mnuchin was pressed on was a draft background paper, not finalized and isn't the official position of the irs. it was in fact prepared last fall. they say that the document wasn't sent up to the treasury department. how thin is the ice that mnuchin is standi

state? >> on new york. >> on the new york law. so i haven't looked at the text of what that law says. ack and see what exactly -- the proposal for that. >> on the new york state law, the point about if they were to allow the state tax returns, we know the house ways and means and they've been trying to get their hands on the federal tax returns but i'm wondering, so we don't know what could be included on the state tax returns? >> this reminds me of the same type of the activity that the new york state attorney general is trying to do. to find that the president, the executive branch is fighting against congress and so they're trying to go at the same type of information at a different level. >> exactly. >> and i do think that is definitely state legislators and state law enforcement officials trying to find ways to get around the president's federal putting up road blocks to congress. and seeing if they could get it through another mechanism. again i think this is an issue if this law is signed into law in new york, and they actually pry to use it to obtain records from the president,

seventeen congressional testimony on plans for a trump tower project in moscow and democrats in the new york state senate have approved a bill that would give congress access. president donald trump state tax returns the bill has to be approved by the new york state house to. gain is following developments in washington. after a long and contentious hearing the house judiciary committee has voted along party lines to issue a contempt of congress citation against the william bar the u.s. attorney general this is all over the special counsel's report about potential collusion between the trim campaign in russia and obstruction of justice barr release a redacted version of the report the democrats who control the committee said that's not good enough they want to see everything that was blocked out they want to see the evidence underlying conclusions they said the timeline did not give them that report. issued. now both sides both parties trying to paint this as a very different issue democrats say this is about checks and balances republicans say this is about getting the president we have a constit

that will backdoor is the state of new york. nd its way through the state legislature in new york, the vote for this bill is expected to be docketed the day after tomorrow. new york governor andrew cuomo is expected to sign it as soon as it passes. ruggle. we actually... seek it out. other species do difficult things because they have to. we do difficult things. because we like to. we think it's... fun. introducing the all-new 2019 ford ranger built for the strangest of all creatures. my time is thin, but so is my lawn. now there's scotts thick'r lawn 3-in-1 solution. with a soil improver! seed! and fertilizer to feed! this is a scotts yard. now yard time is o is that for me? mhm aaaah! nooooo... quick, the quicker picker upper! bounty picks up messes quicker and is 2x more absorbent than the leading ordinary brand. [son loudly clears throat] [mom and dad laugh] bounty, the quicker picker upper. now with new prints featuring characters from disney/pixar's toy story 4 in theaters june 21. >>> here's something to keep an eye on. in

prospect of anybody getting a look at their finances and taxes, why are they not also suing the new york stateorney general? new york attorney general latisha james is chasing a lot of this same stuff or at least along these same lines. it has been reported she has subpoenaed deutsche bank about its relation with donald trump. cnn is reporting she's already received some of that material. "the washington post" reports the attorney general's office is investigating serious labor violations. she's also launched an investigation into the nra, which apparently led the flar to fire its lead lawyer and led to the nra's lead outside counsel warning that organization's entire board of directors that he believes laticia james may dissolve the nra, dissolve them. she also brought a suit against the trump administration over her efforts to put a citizenship question on the next census, which will lead to an undercount of hispanics and immigrants. she fought them aggressively on the gag rule on abortion rights. i can understand why the president has begun to tweet angrily about the new york attorney gener

to help figure that out, we are joined now by a new york democratic state senator brian benjamin. thanks for coming on. so it's a sincere question, you want to see trump's tax returns. whatever, if they come out i will read them, that's fine. but it's bigger than just trump. is there anything that should be private? >> first of all as you knows on the federal level, the ways and means committee on the senate finance committee and the joint committee on taxation, they can request anyone's federal return returns. all they are saying is if they want state returns, they are able to have that in new york. if either the senate finance chair or the ways and means chair or the joint committee type agent chair, -- >> tucker: why don't you just release them? >> i like to see them and i agree. you are forcing it. >> we are not forcing anything. if it specified and a legitimate

to your doctor about chantix. >>> if the battle over trump's taxes was a game of chess, what new york state was probably the equivalence of the queen moving near a kill point. andrew cuomo says he backs a bill that would allow the new york tax department to release president trump's state income tax returns to congress. one of the new york state senators who voted on that bill got into a testy exchange over it. take a look. >> you are forcing it. >> we're not forcing anything. >> yes, you are. >> the specified and legitimate legislative purpose the congress -- >> there's no legislative -- this is -- >> the investigations are going on. you know the indictments. >> this is -- you want to destroy somebody because you don't like him. >> we don't want to destroy anymore. we want investigations. if the congress asked for tax returns, he is supposed to give it. that's the law. all we're saying is, we want to follow what the federal laws are. >> you want to follow the law? >> clearly, brian benjamin does not shy away from the fight. he is joining me. you are a glutton for punishment going into the

his state tax returns if the tax writing committees in congress wanted to see them. as new york's senior senator, i wonder what you thought of that and of the news that apparently the democrats in the house don't seem ready to avail themselves of that offer from your state? >> i didn't know the second part. i think it's a great idea, and i think they should use it. every president, especially this president with so many financial entanglements should be releasing their tax returns. you know, most members of congress, the senate, i've been doing it for years. that's an obligation you have to the public. but when you think about it, these things hit home how. do we know? well, three weeks ago when we had our first meeting, the investigations were going on. the president didn't throw a temper tantrum, make a brief speech, stomp out and say there are investigations going on. i think it's risen, the level of concern and agitation in the president's own self has risen because of the last two days of court cases, because this was totally, totally planned. the night before he wrote us a l

. >> you are in a unique position as the top law enforcement official in new york state given the jurisdictionyour office and the powers of your office. we have seen congressional committees pursue things related to the president's finances and taxes in the wake of mueller's report and the revelation that it does not seem mueller made that a central element of his investigation. you have been reported to also have pursued some of these lines of inquiry particularly after michael cohen, the president's long time lawyer suggested in sworn testimony the president has inflated his assets for the purpose of obtaining bank loans or trying to obtain bank loans. can you tell us anything about your office and the investigation on those lines? >> obviously we do not want to jeopardize any investigation. i can tell you we have commenced an investigation into trump's finances. and it's based on the testimony of mr. michael cohen. and as a result of that we have issued subpoenas to certain banks, and we are in the process of discovery, and that is about all i can tell you without jeopardizing that investig

the new york state senate passed a bill yesterday, 39-21, that would authorize the state tax commissionero hand over trump -- or any taxpayer's state tax files if it got a legitimate request from the ways and means committee. >> i am interviewing the author of that law at 3:00 this afternoon from new york state. daniel, thank you for joining us. he is from the university of chicago and an assistant professor of law there. >> just made us definitely a little smarter. >> yes. >>> next, we have to take a turn to this. pope francis issued a new law to address the catholic church's global sex abuse crisis. we will look at the policy and speak with one survivor about whether or not it is enough, or even if it is a start. you are watching "velshi and ruhle." you don't want to miss this conversation. ss this conversation to most, he's phil mickelson pro golfer. to me, he's well, dad. so when his joint pain from psoriatic arthritis got really bad it scared me. and what could that pain mean? joint pain could mean joint damage. enbrel helps relieve joint pain helps stop irreversible joint damage. an

and of course, in new york now, there's legislation in place that permits the state of new york to turn over state tax returns. the president's new york state taxes, which he's required to report any of his foreign financial activities in as well, those can be requested by congress. this is trump's red line. and it's finally being crossed by a variety of different people who he can't tell to keep on -- to hold on to his resources. so now they'll all become public. >> joyce, a lot of people are asking, why didn't robert mueller go there on the financials? because you could argue that if you're investigating russia and what influence russia might have had during 2015 and '16 and before, with donald trump, what leverage they might have had for his behavior and his behavior was not similar to other candidates, republican or democratic, when he talked about vladimir putin, so admiringly. couldn't he have gone to the financial records. or was he brushed back by the president saying that that was his red line? >> this very limited remit or scope of investigation that mueller drew for himself i

new york, this is bloomberg. ♪ mark: i am mark crumpton was "bloomberg markets" news. -- with "first word" news. in new york statessembly may pass a new law that allows the house ways and means committee to request the records of any new york state taxpayer including president trump. governor andrew cuomo says he will sign the bill if it passes both houses. the law will give congressional democrats and more complete view of mr. trump's finances. u.s. attorney general william barr now plans to investigate the investigation. barr reportedly has appointed the u.s. attorney in connecticut to investigate the origins of the special counsel probe into russian election interference in 2016. according to multiple reports, the goal is to see if government intelligence operations related to the trump campaign were legal. at least four people are dead after a midair collision between two planes in alaska. they were carrying cruiseship passengers near a southeast alaskan town. the national transportation safety board is due to arrive on

new york city? >> that's a totally different and valid concern. i think salt is having an effect for just those people, people that had a choice whether to be in new york statethink that there is -- it's definitely less attractive than what it was. i don't think it's so effective for the hamptons, new york city and new york state in general that's something that we will we will work out. >> finally, i got it out of you. >> you had to work for it. >> i still -- let's hope. [laughter] stuart: sir, welcome back to the show, we will see you again. >> thank you. stuart: jeopardy update. james won again last night, 24 games in a row. he won another 87 bucks, total is close to $1.9 million. he's still not popular. [laughter] stuart: he's a professional. he approach it is game in a professional sense to win. ashley: he could care less. stuart: he goes right to the doubles. >> ratings are 14-year high. 12 to 13 million watch every night. stuart: case close. the dow is down 86 points. we will soon be able to buy stock at fast-growing cannabis as in marijuana company. i want to know why are they going public now and if they are word about cbd bubble, let's hear what he

the us pga championship gets underway at bethpage in new york state tomorrow — with tiger woods goingory last month. but it has been 100 years since an english golfer won the event — could justin rose be the one to break that streak? after winning the us open in 2013 for his first major — he‘s still waiting for number two.... i tried to build my whole year around trying to peek in the majors, i still feel at this point in my career, second major and then on from there, we will define my career from there, we will define my career from that point of view. alongside my major championship win, but more majors equals more, a better career there is no doubt. the world taekwondo championships began in manchester today. it‘s the first time the event has been held in the uk and the likes ofjadejones and bianca walkden will be amongst those hoping to not only secure medals, but take steps towards qualifying for next year‘s 0lympics. 0ur reporter nick hope was at the manchester arena taekwondo is an ancient marshall are born out of south korea, they dominate these sport after its debut in sydne

business is here, considering his home is here, considering that his money is largely made in new york stateof the same information. they could cast light on whether he's making money or losing money. we had a report out in "the times" two weeks ago showing he lost almost a billion dollars over the course of a decade in the '80s and '90s. this would be newer information that could cast light on his financial paralysis. >> when i look at this bill, president trump's name isn't on it. when there is discourse surrounding it, it focused on the president and being used in this specific case. >> 100%. republicans say that it's a piece of legislation that is aimed at a single person. in the assembly, there are concerns about drafting a bill that does seem so specifically targeted on a single person. their reasoning and i think that the why the bill is slow to make it through the chamber is if you start to cast a bill aimed at one person conceivably further down the road that could be used against democratic lawmakers and the governor and people like that. there are concerns about that. >> i want yo

testimony on plans for a trump tower project in moscow and on another front democrats in the new york state senate have approved a bill that would allow congress access to president donald trump's state tax returns the bill has to be approved by the new york state house to trump's refusal to release the information as a break from precedent for american presidents patika hayne is following all developments in washington. after a long and contentious hearing the house judiciary committee has voted along party lines to issue a contempt of congress citation against the william bar the u.s. attorney general this is all over the special counsel's report about potential collusion between the truck campaign in russia and obstruction of justice barr released a redacted version of the report the democrats who controlled the committee said that's not good enough they want to see everything that was blacked out they want to see the evidence underlying conclusions they said the timeline did not give them that report. issued this citation now both sides both parties trying to paint this as a very differ

from public servants, just so you guys know my last name is cuomo, my father was governor of new york stateer is the governor of new york state right now and i'm tremendously proud of that. i've never had to look outside the men in my own family for male role models, except for you. so i see that people in public service see a beauty in it. but we don't feel that anymore. i think that's why people forgive so much in this president, they don't expect better. he lies. they all lie. but his character? i thought you were supposed to be a conservative and conservatives are about character. they're all like that now. that's why the numbers don't move. they can't be shocked. there is no sense of shame about what happens in public service. but we also don't reward virtue anymore. we have two parties that win by attacking the other and that's a problem. >> stephen: why didn't you go into the family business? dad governor, brother governor. why didn't you go into the family business? >> well, the main reason is because i don't like it. ( laughter ) ( applause ) >> stephen: you don't like politics at

new york passed a bill that would allow congress to obtain the president's state tax returns. cheryl: only in new york. hillary vaughn is on capitol hill with the details. >> reporter: good morning, ashley and cheryl. treasury secretary steven mnuchin finding out he has something in common with democrats in congress. hhe has not seen president trump's tax returns either. congresswoman alma adams pressing mnuchin, asking him what the president is hiding. >> do you know what he's hiding? he doesn't want anybody to see them, certainly not -- >> i don't think he's hiding anything. >> so you don't know? >> right, i don't know anything about his tax returns. >> all right. why haven't you complied with chairman neil's request? >> because i think that would be unlawful. >> reporter: house financial services chairwoman maxine waters got what she was looking for from the hearing, mnuchin saying he has not talked to the president or anyone in the white house about handing over the president's tax returns to congress. >> seems to be somewhat clear that we do have the ability and the right

so there is something else going on it looks like new york will turn over the new york state returns ress. the new york state returns has the federal stuff as an attachment. my guess is the president will move to keep those attachments from being turned over. that's probably not a -- >> can i ask you, is there anything that raises a red flag for you when it comes to whether something is legal or not? >> it all raises a red flag. it all raises an issue as to were the losses real or manipulations it for tax purposes. we need the underlying return in schedules which is why he is fighting so hard not to turn those over. where is the source of all this money coming from? is it someone, a russian wealthy person doing some money laundering as has been suggested? what is really going on? we just don't know. we know that certainly the fortune made by the father was passed on in basically tax evasion on the estate tax. that was made pretty clear. this fortune is built around tax evasion. the family is not a stranger to that. his sister who was a judge was starting to be investigated on the esta

in new york state, the democratic-controlled assembly may pass a new law that would allow the house wayseans committee to request the records of any new york state taxpayer including president trump. governor cuomo says he will sign the bill if it passes both -- both houses. it will give congressional democrats a more complete view of the president's finances. senators ted cruz and others plan to introduce a bill targeting a proposed natural -- natural gas pipeline between russia and germany. it would deny visas to executives from companies linked to the vessels. president trump is criticizing the project. lng from north america. mike pompeo has been meeting with russian foreign minister. he told the foreign minister that interference with u.s. elections is unacceptable. mike pompeo since the u.s. does not seek a war with iran. i'm mark crumpton. this is bloomberg. u.s. tariffs are acting like a negative supply shop. -- shock. >> my point of view is to look at the medium term. where is the economy going? to keep monetary policy and a nice balance in terms of our goals. i will not opine w

things, former president trump's lawyer, michael cohen, scheduled to report to a federal prison in new york state to begin a three-year sentence. cohen expected to hold a news conference some time before he's actually walking in in otisville, new york. it has become a haven for white collar criminals. the former attorney asked to be sent there given its proximity to new york city. he's being imprisoned for financial crimes and lying to congress. he has since been disbarred and will report before 11:00 a.m. pacific time to prison so, again, we're awaiting the press conference. as soon as it happens, if it happens during our newscast, i'll let you know. >>> russian authorities have recovered the bodies of 41 people who died in a plane crash in moscow. it crash landed on the tarmac. it was heading to murmansk. the pilot turned the plane around half an hour into the flight. investigators are looking into three possible reasons for the crash, a pilot or technical inspection error, a plane malfunction or poor weather. >>> crash investigators say a system used to stop a jetliner needed repairs. you're l

new york city will even see storms and there is a potential through the keystone state, all of pennsylvaniamaryland for a tornado or two today. we think about them in the plains but there could be some to the east. new york, philadelphia, somewhere between 3:00 and 5:00, you need to pay attention here. tornadoes, large hail and damaging winds. the piece that hit missouri rolls off to the east. then another piece, john, begins to develop back out west again today. significant severe weather possible. higher plains, less populated. we are talking amarillo, garden city, greensburg, the area to the west of wichita is under the gun for big storms today. obviously a damaging, destructive night last night with tornadoes through all of missouri. >> absolutely, chad. we are covering it this morning. thank you. please keep us posted. joining us now on the phone is mike o'connell with missouri's department of public safety. thank you very much for taking the time for us. you have a busy day ahead. the sun is not up yet in jefferson city. do you have a sense of the amount of damage there? >> reporter: