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Transcripts for CNN CNN Tonight 20240604 06:38:00

Threatened by, a gay latino immigrant and republican who won a biden district in a overwhelming fashion by showing every day voters there is a better option than the broken promises and failed policies of the democratic party, unquote. now, some democrats are demanding answers and even calling for investigations into the incoming freshman congressman. i want to bring in new york state democratic chair jay jacobs. welcome to the show. i have a lot of questions about this entire story. of course, it really has been stunning to so many people. jay, i wonder initially, one of the people that comes to mind, just in your title in the new york state head of chair, many wonder how did this escape in opposition research? sure, well, you know, i will tell you there was a fairly comprehensive oppositional research report done. the dccc does those reports. and it has been reported. and i will tell you that a good ....

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Transcripts for CNN CNN Tonight 20240604 06:09:00

Special set of rules. donald trump has operated as if he was exempt from law for a long time. now he s finally being held to account. the top of the economy, or the top of an administration as well. congressman, thank you so much. and please get home safely to michigan. it s going to be cold. it was nice talking to you. i want to turn now to cnn chief congressional correspondent manu raju, and someone who s been reporting on donald trump s finances for not years, but decades, everyone, david cay johnston is here. he s a lecturer at syracuse law school. manu, let me begin with you. because you have been going through this report and i understand speaker pelosi has put out a statement. what did she say? she indicated they plan to move on legislation in response to the report, in response to this investigation by the ways and means committee that found that mandatory presidential audit program under the irs had not moved forward. in the words of the committee, it was, quote, dormant d ....

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Transcripts for CNN CNN Tonight 20240604 06:15:00

Returns filed each year. there are roughly 500 to 600 convictions. and most of those are drug dealers who don t report their income, politicians who accept bribes, or business owners who bribe politicians. there is no serious effort in this country to pursue high-level tax cheating. a d. c. report, the news organization i run, three years ago i reported on the koch papers, about the third koch brothers, who had been under criminal investigation until his next door neighbor donald trump became president and showed how he was collecting more than $100 million a year through what was an obviously illegal scheme. and nothing has happened. the investigation was shut down shortly after trump became president. we make no serious effort to find tax cheating by the people ....

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Transcripts for CNN CNN Tonight 20240604 03:11:00

On legislation. they said in a statement the ways and means committee report makes clear the legislative steps that must now be taken to guard the public trust. and we will move swiftly to advance chairman richard neil legislation requiring the internal revenue service that conducted annual audits of the presidents finances. so, expect that to come to the floor here, laura, tomorrow, maybe the day after. but certainly by friday, when the democrats, the final days in power, plan to finish up business and the republicans take control in january. manu, i do not envy you in terms of going through this report as well. there s a lot to be learned. it s very dense material. what else are you learning from this actual report, aside from what speaker pelosi intends to do to codify some of the shortcomings we re talking about? yeah, there s two separate reports. there s one in the committee s investigation about that annual audit program. this was the one congressman guilty with discussing w ....

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