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.”
Trump felt free to ask for Ukraine election interference after Mueller let him off the hook: Wired reporter Garrett Graff
On CNN's "New Day Weekend," author and commentator Garrett Graff noted that President Donald Trump's attempt to push Ukraine to investigate former Vice President Joe Biden came right after former special counsel Robert Mueller's investigation of Russian interference in 2016 ended — and suggested the two were related.
"You know, Garrett, there may be some people thinking 'Gosh, we just got out of the whole scenario with the Mueller report. Now we have this again,'" said anchor Christi Paul. "Do you get a sense that there are people looking at this saying 'I think I have confidence in the 2020 election?'"
CNN analyst has a question for Dems: ‘How low will Trump have to go for you to impeach him?’
Following a day of bombshell reports on the rapidly-growing scandal involving President Donald Trump and Ukraine, a CNN analyst wondered what it will take for House Democrats to impeach the commander-in-chief.
Earlier on Friday, in an interview with NPR, Speaker Nancy Pelosi (D-CA) said she was still not in favor of impeaching Trump.
CNN analyst and New York Times contributing op-ed writer Wajahat Ali wondered what -- if anything -- could result in Speaker Pelosi backing impeachment.
CNN’s Jim Acosta busts Trump’s whistleblower lies: ‘Just not answering questions in a straightforward fashion’
CNN's Jim Acosta busted several falsehoods in President Donald Trump's remarks from the Oval Office about a whistleblower complaint filed against him by an intelligence official.
The president answered questions about the complaint, which appears to center on a phone call he made to the Ukrainian president, during a White House news conference with Australian prime minister Scott Morrison.
"He did not really answer the question whether or not he spoke with the Ukranian prime minister about former Vice President Joe Biden, at one point saying it doesn't matter what he discussed," Acosta said. "But there are plenty of contradictions here that the president offered up to reporters when he was sitting down in the Oval Office, at one point describing the whistleblower has being partisan and part of a hack job, but at the same time saying he doesn't know who the whistleblower is."