Reprogramming Money News Today

Of millions of dollars into his personal account. >> why do i care? if its his money why do i care? >> for lots of reasons about leverage and influence over him but also donald has a long history of having financial houses of cards. currently has three leins on the washington hotel. mechanics liens. totalling $5 million. thats a lot of of money for a hotel thats been open 2.5 years. why hasnt he paid those bills? maybe he doesnt have the cash to do it? maybe something else is going on but those ...

>> i suggested this morning as you know i did and we talked about this issue and he shared the success they have been having. make sure that they know that we asked congress for $800 million for deal with exactly what you were just describing, the humanitarian element. >> they got jipped. >> they got half of it and then the same people complain about the humanitarian problem and how theyre not dealing with the housing of the families. >> i agree. >> and theres only so much money available throug...

Lets friday adjacent. what do you say? lets get after it. its a big number from the president. $434 million in income during his second year in office. a wow number. no disputing that. its not the story. the story is where did it come from? this president broke precedent by maintaining his interest in the trump org increasing the need to see taxes. one thing we do know is that income includes more than $40 million from his trump international hotel in washington d.c. its one of the few listed ...

Opportunities to be noticed by the u.s. president in those revenue figures hes reporting. >> what is the line, david, about when its not okay to stay at the presidents hotel? >> only if you dont want a favor from him. if you want a favor, you show that youre paying tribute. you go there. you run up a big bill. the saudis took over a whole floor, if not more than one floor at one time. you buy a $60 steak and $36 cocktail and you put money in the presidents pocket in a way he hears about it. >> d...

Most importantly who is giving this money into the companies. where do you take it? >> i completely agree. on our podcast in january we went and stayed at the trump international hotel just to see what kind of action we could see at the presidents hotel just a few blocks from the white house and the scene of all the action. i was in the lobby for 20 minutes, i saw a candidate for president of nigeria show up and they stayed there that night. earlier in the week the ceo of t-mobile stayed there w...

I was all alone last time i was at the border. i thought there would be media there. so the compassion fatigue is real. but lets end it with where we started. what happens to get the help, rick, that they need right now? yes ken is right. dhs is working with dod trying to get more accommodations but it hasnt happened yet. the emergency declaration can help things happen faster. why doesnt the president use it and wind up cutting off the an mouse. towards the emergency declaration. >> its shockin...

Even a wall that theyre coming back and people say well its not worth it because what we were told isnt true. its not worth the money or risk. >> rick, you are familiar with this issue. i dont get this was all this talk about an emergency. you are fine to say democrats are trying to hide from the reality and seeing the caravans for what they were. fine. score points on that. i was never that basket. i always knew it was there because i have been there so often and talked to these people so often...

Portfolio. david, what do you see and hear that people need to know? >> well, first of all, his income isnt 434 million. thats the revenue of his businesses. >> fair point. >> his income is likely to be only 5 or 10% of that and he shows over $300 million of loans. so hes paying a lot of interest out of his earnings. what matters on the loans is we dont know the terms of them or who the money is owed to. do they have clauses that require him to make certain ratios? interest rates? is he subject ...

What are your questions? >> first and foremost who is paying him but beyond that, no president has ever had a financial disclosure that looks anything like this. most previous office holders have put net revenue and not gross revenue. so we dont know if hes making money or losing money here. >> key distinction. >> after you pay everything that you owe. on the money you have had come in. what are you left with? >> if hes losing money thats scarier. hes subject to some kind of pressure. >> hes fee...

Wall. >> its talking about there, reprogramming money, transfer authorities, moving money around for different departments for different things. we dont know how much money he can move and in addition to the $1.3 billion that is being offered to him on a border barrier in this dhs appropriation. the one thing that were not headed for as long as congress can pass this by midnight friday is another shut down. at least not one that the president will precipitate. listen here. >> i dont think youre ...