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Transcripts For CNN CNN Newsroom 20240706

a grand jury as we wait to see if there could be an indictment soon for former president donald trump, and today is expected to be a pivotal day in court, and today, a former attorney to michael cohen is expected to testify, and he says that he has handed over a number of documents to back up the story. and we are watching the stock markets after serious banking fury, and the stock market is up, but the banking is down for credit suisse are down 50% after the swiss government had to pick up some risk. and xi jinping is meeting with vladimir putin in moscow, and sending a strong message of support despite the invasion of ukraine. we begin with the latest on the trump hush money investigation. and the legal affairs correspondent paula reid is here with the latest, and lot going on with robert costello testifying, and we have details surrounding this testimony, paula. what is interesting here is that even though prosecutors are running the grand jury, this is witness tha

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Transcripts For CNN CNN Newsroom 20240706

criminal charges today. a source close to his legal team, however, telling cnn the da told them not to expect an indictment until at least tomorrow. so what do we know this morning about what s happening behind the scenes in this unprecedented situation in we will bring you up to speed. plus chinese president xi jinping is meeting at this moment with russian president vp vladimir putin, this is happening in the kremlin. that summit could have major implications for russia s war in ukraine. we will have the latest details from that conversation. and we are watching the stock markets very closely this morning. a lot of green arrows, which is a good thing given the way it s been the last few days as federal reserve chair jerome powell is set to make a decision on another possible interest rate hike, that decision comes tomorrow and will have an impact on your money. we begin this hour with the latest on the former president s possible indictment. cnn s senior legal affairs

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Transcripts for CNN CNN Newsroom 20240604 13:43:00

virginia covering this for us. brian, this video we re told disturbing. what can be learned from it? reporter: john and erica, what you can see in this video is kind of a dramatic kind of a slow-moving but very dramatic encounter that he has with these deputies, i can call it an encounter, i guess, because they re pretty much on top of him the entire time. the first video, though, that we see is of him being brought into the intake ward at central state hospital, a mental health facility in petersburg, virginia, this is surveillance video of him being brought into that hospital on the morning excuse me, on the afternoon of monday, march 6th. you can see deputies bringing him in, they are holding him up, he is in shackles and leg irons, he is not necessarily able to support himself, at least it doesn t look like that on the video. they bring him in, then they get him seated basically on the floor by a chair. there is a chair right there, but he is not in the chair, he is on the floo

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Transcripts for CNN CNN Newsroom 20240604 13:00:30

Transcripts for CNN CNN Newsroom 20240604 13:00:30
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Transcripts for CNN CNN Newsroom 20240604 13:07:00

charge, too, you know, talking about president trump s, you know, efforts to overturn the election in georgia. alvin bragg is getting a lot of slack for if this is going to be the first indictment we see out of the manhattan district attorney s office it s a bit of a flop, you know, it s not it s a misdemeanor charge potentially a felony, so there s questions about which is going to go first, but sounds like especially according to paula s reporting that we could see an indictment out of manhattan sooner rather than later. you talked about the nature of what the charges could be here in manhattan, possibly a misdemeanor or a felony, and that has to do with what the charge might be. this is all speculation but it could surround falsifying business records. can you explain more about what exactly that charge means and why it would go potentially from a misdemeanor to a felony? exactly, john, i think it s really important to note here all of the reporting references

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