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Trump’s financial records could be released within seven days: CNN reporter

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On Monday, New York-based federal district judge Edgardo Ramos ruled that President Donald Trump’s businesses must comply with congressional subpoenas for their financial records, stating that their arguments for keeping the information concealed from House investigators was baseless and refusing to grant them a stay.

In conversation with CNN’s Wolf Blitzer, reporter Kara Scannell outlined how significant a loss this was for the president.

“It’s the second setback for the president in just three days,” said Scannell. “He said that the subpoenas are valid, that Congress, particularly the House Financial Services Committee and the House Intelligence Committee, had a right to these documents, even though the subpoenas were very broad. In fact, the judge said that ‘The power of Congress to conduct investigations is inherent in its legislative process. That power is broad.’ He is ruling, unequivocally, that Congress has a right to the documents that the banks have, both Deutsche Bank and Capital One, banks that Donald Trump and his family members have done business with for years,” said Scannell. “These subpoenas also apply to his family members, his companies. And all of that documentation is now valid for Congress.”

“He also said that he would deny their stay pending appeal,” Scannell added. “That is, he would not put these decision aside, so that the Trump organization and the president could appeal this case. Instead, he’s saying that they really have no — they’re unlikely to succeed on the merits, and therefore, that they will not get this stay … He also said the scope of the investigation was also worthy, that Congress had the right to investigate whether there was foreign leverage, financial leverage over the president and whether his company was engaged in any money laundering.”

“How quickly do you think they’ll be released?” asked Blitzer.

“Well, under an agreement that they had before today’s ruling, there are seven days,” said Scannell. “Now, in the accounting firm case that was decided on Monday, the Trump Organization and the president said they would appeal and they notified the court of that in D.C. Now, the judge asked the lawyer for the president if what he was going to do in this matter, and he said that he would consult with his client. So he is not yet announced that they’re going to appeal this decision, but it could go into effect within seven days, Wolf.”

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Angela Rye pounds CNN’s Steve Cortez for suggesting Ocasio-Cortez should resign

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CNN turned into a shouting match on Tuesday after a Trump supporter attempted to defend the president's concentration camps along the southern border.

Conservatives panicked on Tuesday after Rep. Alexandria Ocasio-Cortez (D-NY) referred to Trump's tent city detention centers as concentration camps.

Republican Steve Cortes argued against Ocasio-Cortez was wrong to correctly use the term concentration camps.

"AOC should apologize at least and probably resign," Cortez argued.

Progressive analyst Angela Rye shut down Cortez, explaining to viewers that Ocasio-Cortez was correctly using the term.

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‘He wants the spotlight back’: CNN commentator says Trump is jealous of all the attention Democrats are getting

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On Tuesday, President Donald Trump held a rally in Orlando, Florida to formally kick off his re-election campaign for 2020.

And as CNN's Gloria Borger explained to John Berman, Trump desperately needed this event — because he was jealous of how much coverage the Democratic presidential candidates are getting.

"One source told CNN campaign officials are hoping this event will satisfy the president's thirst for the spotlight and reset the campaign's efforts," said Berman. "This is the 60th campaign rally for the president. So is there any reason to think that this event could move the needle?"

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Scaramucci: Trump will ‘flip out on you’ if you lick your finger and touch something on his desk

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On Tuesday's edition of CNN's "OutFront," anchor Erin Burnett talked to former White House Communications Director Anthony Scaramucci about President Donald Trump's hysteria over chief of staff Mick Mulvaney coughing in his presence.

"Does behavior like that from him, from the top, send a message about how he treats people or how others should treat people, or do you not have any concern?" asked Burnett.

"I — well, listen, I sort of think it's unfair. Every one of us have been temperamental from time to time," said Scaramucci, who was fired after just 10 days in the White House for extremely obscene comments about Steve Bannon. "I think it's very unfair to pick and choose these — clearly caught on camera. We're in the world of social media now. Many of us have said things that they've regretted saying, myself included especially, Erin. But what happens in the social media and our fishbowl — and the White House isn't even a fishbowl, it's a full-blown aquarium."

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