Map. Hes a great tight end and i have him on my fantasy team, his jersey sales went up. Thanks for joining us. The lead with jake tapper starts right now. Trumps excuse today. You should never have believed me in the first place. The lead starts right now. The latest ruling against donald trump gets at the core of his entire identity. A judge finding him liable for fraud. Ruling his Real Estate Empire was built on a lie. Trump responds this morning on social media noting a clause saying that nothing in his Financial Statements should be accepted as fact. In other words, i told you i was lying, people. And new bank records in Hunter Bidens criminal case. Including wire transfers from china. As House Republicans move forward with an Impeachment Inquiry and try try to keck President Biden to his sons activities. Plus, Formerly Awol Travis King back in american custody. Just why did he run across the dmz into north korea and did the u. S. Cut some sort of deal with the communist nation to bring him back . Welcome to the lead. Im jake tapper. Were going to start with our Law And Justice lead. Donald trump is set to go on trial on monday. But im not talking about any of the four criminal cases that hes facing, the 91 criminal charges laid out in the four indictments. Im not not talking about the manhattan district attorneys case about hush money paid to a porn star. Im not talking about the special counsel case in florida about trumps handling of classified documents. Im not talking about the special counsel case in d. C. About trump attempting to subvert the constitution by trying to over turn the election. Im not talking about the case down in fulton county, georgia, about trump trying to allegedly steal the states electoral votes nor am i talking about the civil Defamation Case brought by e. Jean carroll who already won a Sexual Assault and Defamation Case against mr. Trump. No, im talking about the new York Attorney general civil case against trump. It is a legal blow that takes aim both at the formers president s legacy and his wallet. Today new york judge Arthur Ingron announcing the case against trump and his adult sons and the Trup Organization said that donald trump, eric trump and donald trump jr. Are liable for fraud. The judge said they repeatedly lied about how much their properties are worth. They did that in order to get more loans, he said. The judge also canceled the trump organizations Business Certification. But some legal experts refer to as the corporation death penalty. Now the former president , who has spent decades bragging about his wealth, and building a persona of an ultra accomplished real estate tycoon, a persona that helped propel him to a top rated tv show and then to the presidency. He will see some of that same fortune put in the hands of a new york jury. The states Attorney General is seeking 250 million in damages. And a ban on the trumps ever doing business in new york ever again. Now trumps excuse on social media this morning, as i alluded to earlier, is this, quote, there is a powerful disclaimer clause on the first pages of the Financial Statements. It states that nothing in the Financial Statement should be accepted as fact. This is what seems an open admission of misrepresentation. Though, assuredly stronger defenses for mr. Trump and his family are to come. Cnn Brynn Gingras starts with a closer look at how prosecutors say a network of lies helped the trumps build their wealth and their reputations. Money, money, Money The Trump Empire which americans binged in the hit shown the apprentice, helped catapult donald trump to political stardom. And the presidency. May not be all it seemed according to a ruling, donald trump committed fraud for years. The ruling largely siding with new York Attorney general letitia james. Donald trump falsely inflated his net worth by billions of dollars to unjusticely enrich himself and to cheat this system thereby cheating all of us. She brought a civil lawsuit against trump and his sons and the Trup Organization in 2022. The judge finding they inflated the value of Trump Properties and hotels and golf courses to secure loans building their fortune. Take the trump apartment in new york city. The former president noted in Financial Statements that it is three times bigger in size than it actually is. Creating an overvaluation up to 207 million according to judge. Maralago found to be inflated by more than half a billion dollars. A discrepancy of this order of magnified by a Real Estate Developer sizing up his own living space of decades could only be considered fraud, judge wrote. Adding that the trumps are living in a fantasy world, not the real world. It is a sledgehammer to trump and the entire organization in new york. And now trumps New York Empire will likely shrink. The judge canceling their Business Certification and assigning an independent party to dissolve entities like the tower at 40 Wall Street in new york city and a Family Compound in west chester, county. How that process will play out is still being determined by the court and could take some time. He is in a world of hurt on the business side. Stronger so far than anything that has happened on the criminal side. Trump lashed out on truth social saying it is a Great Company that has been slandered and maligned by it politically motivated witch hunt. Hes appealing the ruling. For james, it is a win on one claim of several filed in the suit paving the way for the trumps to possibly owe the state big bucks. Now the a. G. Is asking for a quarter billion dollars with this suit and for the trumps to never do business again in new york. If that will happen, it is really up to a judge in this trial. Which is going to dissect more Financial Filings and like you said, jake, it is expected to start next week. However, there could be a hiccup, because there is an appeal an owe the books right now that a judge is expected to rule on which could delay the start of this civil trial. So well keep an eye out for that. Thank you so much. Join us to discuss, jamie gangel, and up in new york, former federal prosecutor elie honig. Were seeing trumps attempted de defense who said he could not have defrauded the banks who are current and with no ernl owe problem. If all of the banks were paid back what trump owed plus interest, does he have a point . Or no . Legally, no, here, jake. It is important to understand first of all, this is a civil lawsuit, the count on which the judge has ruled in favor of the Attorney General does not require any showing of loss to any particular party. This is a very favorable rule to the Attorney General, this is a very favorable rule to plaintiffs from, as long as the Attorney General could show that the defendant, here the Trup Organization, engaged in fraud and got money they werent entitled to as a result, then that is good enough to make the claim out. And that is what the judge held here. There are six other counts where the a. G. Is going to have to show what we call some sort of materiality, some sort of loss. But for the one count that the judge has ruled in favor of the a. G. , whether anyone lost money or not, it does not matter. And jamie, the four other indictments and the 91 criminal charges aside, this is a civil case but you think it might hit a little different for trump, this new york civil case. First of all, lets put it out there. This is triggering donald trump like nothing else. You see the reaction on truth social. It goes to the heart of what he cares about which is his image, his brand, the notion that hes the best. Michael cohen, his former lawyer, once told me i think it was last year, the way to get to, as he calls him, donald, is not the criminal cases, that is not what is going to bother him. It is going to be going after property, business, money. The question is, with his supporters, who seem not to be bothered by the criminal cases, will the fact that the image of being the best, that this is in effect fraud, will that have a difference. No. That is my prediction. Youre right. Trump went on to claim on truth social that maralago is worth a hundred times more than what the judge said it is worth. Isnt that the kind of claim that is at the heart of this entire civil case and isnt that just provable one way or the other . Yes, this is the problem itself. Donald trump nicely illustrated it in his truth social today. Judge points out in the ruling, the County Assessor down in florida where maralago is located, assessed the value of the property of maralago at around 20 million. Donald trump when it came time to put no for bank loans assessed it on his own as being worth 500 million. That is 20, 25 times more. And what the judge said in this ruling is, yes, there is some room for subjectivity when it comes to assessments. But there is not a total free for all. You dont get to fabricate numbers that are 20, 25 times greater and donald trump does just that in his defensive truth social post. Hes making the a. G. s case for her. And jamie, trump launched his 2016 president ial campaign at trump tower and now he might lose the building. I mean, we dont know that that is actually going to happen but that is a risk. He rose to political power on this perception that he was this magnate, that he was this huge colossus. Do you think his base well how do you think his base will see it. Well, we just have discussed does it make a difference . But i think, remember yesterday you and i were discussing, you did this interview with Cassidy Hutchinson and one of the quotes was he admitted he lost. She heard him say that to mark meadows and it was embarrassing. That is the point. This is embarrassing for donald trump. The question is will it cut through to that base that seems willing to stick with him and when i talk to his supporters, they always make sort of the same excuse, explanation, theyre out to get him. Yeah, theyre out to get him. Also on truth social, trump wrote about the judge, quote, this political hack judge, and then he went on to talk about the undervaluing of his properties. This political hack judge must be stopped. Could trump face any legal actions for posting things like that . I could see how the judge might regard that as a threat. Well, jake, so that is exactly the line. A person, any party in a criminal or civil case is entitled to criticize the other party, it entitled to criticize the judge but the line is where you just said. Does it cross over into being a threat and that language must be stopped is what jumped out to me. That is different than must be reversed on appeal. Must be stopped is intentionally vague and open to interpretation. So i think the judge may want toic that a look at that and impose sp sort of order prohibiting that type of speech and perhaps imposing sanctions if donald trump continues to do this as he surely will. Thank you to both of you. There is movement late today in the funding fight, a new proposal to aim to prevent a Government Shutdown that could be away but who is counting. Will House Republicans get on board. Might we see a deal before a shutdown going into effect monday morning. Ill speak to a republican and a democrat about what is realistic. Stay with us. In our politics lead, in just days Hundreds Thousands Americans could stop receiving their paychecks. Though not of course members of congress, including those who refuse to come to the table to try to achieve a compromise as the country is four days away from a possible Government Shutdown. This could impact americans paychecks and safety at the border and Airport Travel as tsa agents and air Traffic Controllers could be among the furloughed workers. Food safety inspections could be display and museum and National Parks could be clausser closed. Manu raju joins us from capitol hill. There is more Border Funding in the Spending Bill. There is a crisis at the border. Where do things stand right now. Reporter there is a Collision Course between the house and the senate and it is unclear how this will be resolved before the saturday 11 59 p. M. Deadline to avoid a Government Shutdown. The house and Senate Republicans are in a different position on how to deal with this on the leadership side and there is moderates in the house gop pointing fingers at the conservative hardliners, theyre refusing to allow for a shortterm Spending Bill to be approved that Speaker Mccarthy is trying to push through that would include some Border Security money. At the moment he does not have the votes but hes opposed to what the senate is planning to move forward with. That is a plan that Mitch Mcconnell cut with Chuck Schumer that would extend Government Funding until midnovember to include aid to ukraine, about 6 billion, a Disaster Relief and it does not have money for the border. Those are ing thises that the House Republicans say they will not move forward with unless ukraine is pulls out of it and unless they add Border Security money. So at the moment there is an impasse. And also concerns within the top Senate Republicans that Speaker Mccarthy mccarthy himself cut to raise the National Debt limit and as a result of that decision has contributed to the mess they find themselves out all raising questions about whether they could avoid a shut down, but some say a shutdown is inevitable. In the end of the day, we created a mess and we have to find our way through it and if that means taking a couple of extra weeks for the shutdown, that is fine. And if i want to shut that down, it especially doesnt benefit the conservative platform. That is not the paralleling or supporting a conservative platform by any stretch of the imagination. If you make a deal, you have to stick to the deal. And i understand the speaker has a lot of pressures on him. But i think if we stuck with the original deal, but that was going to be impossible too, from what we hear from the house. Reporter so at the moment Speaker Mccarthy is planning to move forward with the republican plan to keep the government open on friday. But he does not have the votes to move forward because a number of those hardliners told me they will not vote for a shortterm bill no matter what is included in it. So raising questions about how this will get resolved as the Senate Moves Forward with its plan that could stretch into the weekend pushing it right up until the deadline to avoid a shutdown. Yeah and all the while hovering over his head like the republican congressman matt gaetz is threatening to oust Speaker Mccarthy if he turns to House Democrats to try to work with them to get help to pass a Government Spending bill. Reporter and that is one thing that gaetz has been threatening for sometime. But i talked to other members who are aligned with Congressman Gaetz who agree with him and say that if mccarthy does cut a deal with democrats or move forward with a bill that has the support of the majority of democrats, that would be enough to push him out of the speakership. They say mccarthy ive asked him about this a number of times. He claims that is not part of his calculation, just trying to get a conservative outcome and bolster the house gop Negotiating Position here but a lot of people expect that this threat has been waged by gaetz over and over again is playing into this strategy to the speaker at the moment which is trying to move things along party lines but he doesnt have the vote yet. Thank you so much. Lets bring in August Pfluger from texas. This afternoon senator Lindsey Graham from south carolina, told cnn that he understands they push for Border Funding but he cant promise that it is going to make it into the shortterm stopgap bill. But he added that long term funding will not happen without addressing the border. Tha