and they say they have the bank records to prove it. it is thousands of pages. comer says he and his investigators are following the money. there is a lot of money and thus far we ve only presented $1.3 million. as if that wasn t enough, that went to 3 or 4 biden family members. after this press conference that number will be significantly higher. question arises what were these family members doing to receive this money? dana: andy mccarthy, john deconvenience and jason chaffetz are standing by. let s go to david spunt at the justice department to. comer called today judgment day, says it will be a bad day for the white house. we ll see what he has to say in a moment. i may be cut off depending what time this begins. the team released an embargoed memo. 36 pages which lays out house republicans case that alleges the biden family & associates created more than 20 companies and made more than $10 million from those companies with foreign ties. there is a recurring theme.
Translator the group caused anxiety, confusion to many people through donations and sales of goods. They forced many people including their relatives to make sacrifices financially and mentally. They prevented them from living peaceful and prosperous lives. Moriyama told reporters the Advisory Panel unanimously approved the ministrys request to revise the group. The ministry interviewed more than 170 people connected to the organization and collected nearly 5,000 pieces of evidence. The minister says they determined the damage caused by the group dates back to at least 1980. He says the courts found the total amount of damage was at least 2. 2 billion yen or about 15 million. Based on its investigation, the ministry concluded the groups actions were illegal and significantly harmful to public welfare. If the court order is granted, the organization would lose its taxexempt status but would still be allowed to conduct religious activities. The group says its practices do not meet criter
And in case some of our viewers mr. That, single day, from the start, from when the Chinese Markets came out of the spring holiday early, there was only one single day where they had outflows, so that is one part of the story. Hong kong has done well. The best week in 12 years yesterday. You are getting onshore market starting to come alive. 30 minutes, and at one point, one point 4 , and you are also getting pockets of the market that were not participating in the rally last week. If they are doing really well, you have Regulatory News coming through, easier entry and exit procedures, and that was announced sunday, number one. Number two, we are also trying to get to the bottom of this big move up, and arguably the weakest sector market wise out there, and equal wise, it is also a lack of pillar of growth, but property is up 10 . We dont normally see that move up this much. As a percentage of it being able to move the market, it is not as big because they are small caps, and on the we
Meanwhile, those who need it most have little faith and lawmakers, i would say most likely than not going to do anything beacon past things with a drop of a dime. It afters on both sides of the party and you know, both parties agree there should be zero resistance and this should have been done yesterday. Instead of people fearing rather losing this one day. Jason carroll, cnn, eureka illinois breaking overnight arrests on College Campuses as propalestinian protests grow across the country. The only thing standing between the people well, gaza and a ceasefire is hamas. New comments from Secretary Of State Antony Blinken after israel proposed what he calls an extremely for narrowly generous ceasefire deal, the damage is unbelievable. What one governor is saying as deadly, severe storms the country. Sara is out, im john berman with kate bolduan. This is Cnn News Central this morning, College Graduations or right around the corner with propalestinian cantmiss set up on some of the very si
Succeeded. In a surprise move, the worlds second largest economy devalued its currency by nearly 2 against the u. S. Dollar. Its largest devalue situation in 20 years. A weaker yuan would make chinas goods more affordable to foreign buyers so its being interpreted that chinas economy is in jeopardy of a deeper slow down which sent stocks tumbling. The dow jones fell to 17,402. Nasdaq dropped 65 and the s p 500 sank 20. Commodities also came under pressure since china is a big buyer of them. Oil fell to a sixyear low, down 4 to 4308 and a report from opec showed output increased to a threeyear high in july. And its not just stocks and commodities that are reeling. The impact could be wide reaching. It was a shot literally heard around the world. On a down day, chinas devalue situation of the yu a n is an anchor that dropped bonds and commodities yields around the world. I think screaming that china is in trouble, weve seen a series of data points out of china of a serious slow down. Rep