Transcripts For CNNW CNN 20240703 : vimarsana.com

Will hope you join me for my new show state of the race, it will be on cnns international channel. It is at 11 00 a. M. On the east coast, 4 00 p. M. In london. And today im going to talk to u. S. Senator joe manchin about the 2024 race for president and much, much more. So i hope that you will join us there. And thank you for joining us here. Im kasie hunt. Cnn this morning starts right now. Morning. Top of the hour, 6 00 a. M. So glad youre with us. A lot of news to get to. Lets start with the five things to know. Debate night in america, meaning it will be a late night for all of us, but the former president wont be on the debate stage instead giving a Primetime Speech at a Nonunion Auto Parts Manufacturer in grdetroit. This after a new york judge ruled that trump and his adult sons committed fraud. And breaking overnight, more than a dozen people under arrest in philadelphia after a big group of looters ransacked an apple store, lululemon and foot locker. And the Senate Moving Forward with a plan but no guarantee that it will pass the house. And Writers Strike has ended. Writers can start working again today. And cnn this morning starts right now. Here is where we begin happening today, former President Trump goes to michigan, he will not debate his republican rivals in california. He will be looking to up stage them with his own Primetime Speech. He will speak at a plant outside of detroit. It is nonunion which is interesting. There will be an audience of around 500 former or Current Union members. Here is what uaw president shawn fain told wolf blitzer last night. I find the pathetic irony that the former president is going to hold a rally for Union Members at a Nonunion Business and you know, all you have to do is look at his track record. I see no point in meeting with him because i dont think the man has any bit of care about what our workers stand for, what the Working Class stands for. He serves a Billionaire Class and that is what is wrong with this country. Quite a contrast. Fain was with biden yesterday as biden became the first sitting president to join a picket line. Biden seems to back up the call for significant pay raises from the big three automakers. Kristen holmes is live for us in michigan with more. This has been built up by the trump team that biden team followed up after the announcement was made. What do we expect to see today from the former president . Reporter ill tell you that the trump team was not protecting as warm a welcome from Union Leaders as you heard from shawn fain, but they are expected to be received here in mccomb county, he won it by a significant margin both in 2016 and 2020. Aen this is the first clear signal that the Trump Campaign is looking beyond the primary at the general election particularly looking at the state of michigan giving the Primetime Address in the swing state to Working Class voters. And ill remind you that these are the voters, this is a state, that helped carry him to the white house in 2016. And helped carry biden to the white house in 2020. And now you are starting to see trump trying to get back some of that Working Class vote he had in 2016. Obviously not going to be as easy this time around particular lin you have the Union Leaders coming out slamming his administrations policies as pro business. But spethey do believe they can drive a wedge between the Union Leadership and Rank And File members, which some will be at this speech today. Now, trump is not the only one looking ahead towards the general election. Biden is out with his first ad today Hitting Trump directly. And surprisingly it is not just airing nationally, but specifically on television here in michigan ahead of his visit. He says he stands with auto workers. But as President Donald Trump passed tax breaks for his rich friends while auto marks shuttered plants. And michigan lost manufacturing jobs. Joe biden said he would stand up for workers and he is delivering. Passing laws that are increasing wages, creating good paying jobs. Manufacturing is coming back to michigan. Reporter i dont know if there is a more targeted ad than that. It is very clear the messaging the biden camp is sending. And one thing, you brought up this is a nonunion shop. One of the things that well hear from former President Trump is this talk about Electric Vehicles. He is trying to sell this as a loss for auto workers saying it will take away jobs, it will take away manufacturing. And where we are now here at drake enterprise, we heard from the president of this company who is clearly on the same page saying in an interview that if Electric Vehicles were to take over, he would be out of business. That is interesting. Thank you for bringing that up. Well track it all day. And from the political to the personal. Personal finance that is. New york judge has ruled had donald trump and his adult sons built their empire based on fraud saying they are lie only for inflating the value of trump assets for years. The judge cited multiple instances in which Trump Properties claim that they were worth far more than the assessed values sometimes to the tune of hundreds of millions before adding that the claims that none of it matters came from the fantasy world. And the judge even quoting from duck soup. I saw you with my own eyes. Who are you going to believe, me or your own eyes . The judge apparently went with his own eyes and canceled Trump Organization Business Certificates that allowed them to operate, and well get into why that could end trumps control over some of his key new York Properties like trump tower in midtown manhattan. Donald trumps attorney called the Ruling A Miscarriage Of justice and said the family will appeal. This is a major win for new yorks Attorney General Latitia James in this civil case against trump which alleges trump in234r5i inflated his net worth. The case will still go to trial. It is unclear if the trial though will start on monday as previously planned. Lets bring in errol lewis as well as sarah chrisoff. Duck soup reference i didnt have on it on my bingo card in week. But what was striking, everybody was scrambling to figure out what does it mean from a practical perspective. What does it mean . Yeah, so the Court Granted Summary Judgment on partial Summary Judgment for one of the Attorney Generals claims against the former president and his family. So on that claim, it is where they dont have to prove intent or materiality of the statement, are the documents falsely misleading and were they submitted in a pattern to achieve this result. And so were now proceeding with the rest of the trial, the rest of the claims the new York Attorney general has against trump and his folks and also the damages that wasnt decided by the judge in this decision. And what is ironic is the fact that the Trump Legal Team at the outset of this when the case was brought had asked for Summary Judgment on their behalf. They had said the merits arent there, judge, you should grant us Summary Judgment on all of this. Dont even let this go to trial. And in fact the judge saw it not only the other way but granting at least that partial bit of it. So what goes to trial now, what will be decided in the courtroom . Well, they have a number of different claims about different kinds of alleged fraud. And so the most important ones, the ones that have generated the headlines are now settled. That will still leave certain kinds of cases where there was a genuine dispute of fact about whether or not there was fraud involved in some valuations. And so there is some core of the case that still will make it to trial. And possibly very soon. But the judge though really was very, very emphatic about that they were raising claims that had already been rebuffed by that same court. Didnt they fine the lawyers for that . They all got fined. 7500 each. I mean, it is absolutely scathing. Sort of saying you cannot, you must not continue to raise these immaterial defenses when ive already told you that were not going to hear those defenses. When it is already up on appeal. And so it already had been almost fully litigated. He highe the state. This was done and they still brought it back. And the judge was very pointed about it, it says something about trumps tactics in trying to just delay, just spin it out, bring up the same issues again and a again and again. Judge really not having it. Kaitlan collins had Michael Cohen on, former fixer, lawyer, hatchet man, however you want to term him, and put the legal stuff aside, we all view the former president in a political lens which is incredibly difficult to puncture his support and how he operates. But cohen said this, take a listen if you really want to get to donald the way do it is through his bank book. Not by saying that hes a Narcicisstic Sociopath or look at it, he is not 63 and not 215 points. Once you hit the bank book, that is what really gets to him. There is some evidence of that over the course of the last several years. Do you think he has a point . Absolutely. First of all, this is real money. A quarter of A Billion Dollars is a lot even for somebody who whatever his net worth is, that is a lot of money. The other part of it though is that when the case is resolved, he is going to be seen and this unlike some of the criminal cases that weve been talking about, we already have a partial answer on this. I dont think that the public is fully absorbing it. But when this case is all the way over, he will be a candidate for president found to have committed civil fraud. He and his businesses. That is not a comfortable place to be. And he has always said it doesnt matter, you know, im dealing with high flyers. This is how we play the game at this level. This judge again makes clear, like you cant Say Trump Tower is 37,000 square feet if it is actually 10,000. That is not okay, that is fraud. And explain in the simple terms why it matters that he inflated according to this judge and according to the ags argument the assets by so much . It gave him better deals, he got more favorable loans . Yeah, there was a lot of benefits to him of inflating these assets both in tax benefits and benefits with regard to the loans that he attained. One of the a arguments that trumps team made is no one was hurt. I paid my loans off. The banks actually made money. But the judge said that is not relevant, you cant commit fraud and say, well, no one was hurt so it is okay for me to do this. That was one of the sort of trumps arguments that the judge rejected outright. But that is really sort of the crux of those claims against him. One more quick one before we go. It is related to the former president and to his sons, ivanka trump also in the business for a period of time, but this same judge i think dismissed her role in this. Why, what does that mean . There were statute of limitations issues with regard to the claims against ivanka trump. And so essentially it was too late to bring those claims. And the timing was off. I think that she wasnt involved in the business at certain times. And so they werent allowed to bring the claims against her. Okay. Thanks, guys. So three days left to avoid a Government Shutdown. The senate has laid out a stopgap bill to fund the government through november. Big questions though about whether it stand as chance in the house. And new overnight, more than a dozen arrests have been made in philadelphia after mass looting there. Well bring you the latest on the investigation. Madame speaker, forgive me, but what the hell is going on around here . That is massachusetts democratic congressman jim mcgovern speaking for all of us to some degree as we watch congress careen toward as a Government Shutdown. Thousand ju now just three days to go. The senate has offered up a bill. But it is dead on arrival in the house and that is where speaker Kevin Mccarthy is still trying to wrangle his party. Gop hardliners like matt gaetz are threatening to oust mccarthy because they would rather shut down the government than work with democrats. The one thing i agree with my democratic colleagues on is that for the last eight months, this house has been poorly led and we own that and we have to do something about it and you know what, my democratic colleagues will have an opportunity to do something about that too and we will see if they bail out our failed speaker. Lauren fox is joining us now. I think that the thing striking to me is in a normal moment of the last decade of these fiscal wars, the offramp now exists, right . There is a bipartisan deal. It is backed by Mitch Mcconnell and chuck schumer. It is backed by the republican and democrat on the appropriations committee. And yet it is not the answer here . Reporter well, it may be the answer but it may not be the answer that is taken by House Speaker Kevin Mccarthy. And we should note that the senate still has to get it out of their chamber. And that could be a heavy lift potentially because you have senators like rand paul threatening to slow walk this process and reiterating that last night because there is 6. 2 billion in additional funding for ukraine. There is also 6 billion of disaster aid but that is something that some conservatives may really throw a fit about on the senate floor. And if they start to have this, you know, drag out, you potentially could have a situation where the senate cant pass their bill until the weekend either. So there is a huge Question Mark around how quickly the senate is going to be able to move despite the fact that you are right, yes, there is bipartisan support, they will eventually be able to get this out of the senate. But it could take some time. Then of course the inevitable question looms which is what will House Speaker Kevin Mccarthy do. He is hoping that as pressure builds throughout the week for his member, some of those im never going to vote for a cr members will start to see the light, start to see that republicans have to have a position, and take him up on his offer to bring a republican Spending Bill to the floor on friday that would in their case be an answer to the senates bill. But again, that is a huge if because you still have more than four republican members who are making it clear that they are not a yes at this point on a short term Spending Bill. And they are saying that they will never be a yes on a short term Spending Bill. That is when mccarthy will have to make the decision will the senate bill be the bill he puts on the floor. And obviously he will probably have to make changes to it to try to show that he is putting up a fight. But again, phil, so many Unanswered Questions at this point. I know were close to this saturday deadline. But there is just so much more that is going to play out over the next several days. Just feels inevitable that shutdown is coming. The gequestion is how long. Lauren fox, thank you. And large crowds of Looters Swarming and ransacking stores in downtown philadelphia. Watch. This is the moment they smashed their way into an apple store. A crowd of about 100 juveniles moved through the city targeting Retail Stores that sold high end goods and liquor. There is possibly a caravan of a number of different vehicles going location to location. And so you have followers that people will see this and start to come out to it and think that they can have an opportunity to get something as well. Danny freeman is joining us live in philadelphia. Police vowing to address more suspects. Good morning, what can you tell us . Reporter good morning. Thats right, police are vowing to armor suspects. The acting commissioner calling last nights actions disgusting and making very clear that those who were looting last night were not protestors, they were opportunists. Looters descend on to Center City Philadelphia last night hitting several stores in the area leaving a path of debris and destruction behind. According to police, the looting started at 7 58 p. M. At this foot locker, breaking glass and leaving sneakers strewn on the ground. More instances of looting happened in quick succession. First this lululemon store left ransacked, picked over merchandise scattered all over the floor. Minutes later looters were seen barging into this apple store. And others broke into this liquor store. Everybody in the city should be angry. Everybody that goes to these businesses should be angry. Reporter upwards of nearly 100 people were involved in looting and at least 15 people were arrested. We made arrests