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Transcripts For CNNW The 20240704

Major news network on the scene since the uprising welcome first, why Donald Trumps lawyers say he cant make good on a 464,000,000 bond order in the new york civil fraud ruling. And its raising new questions about trumps cash crunch from multiple legal cases and how it could impact as well. Cnn senior justice corresponded evan perez is joining us now with the latest devin, what was the trump teams explanation for why they cant come up with this money well, wolf, that the former president is up against a deadline next week to produce a bond to satisfy this judgment. And according to the filing that theyve made in Federal Court and sorry, in state court today, they said that theyve been rejected by 30 three different underwriters who said that they cannot satisfy that kind of that kind of bond. And so as a result of this, theyre asking the court they have asking the judge to give him more time to extend the former president more time in order to come up with this kind of money, 40,064 mi

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Transcripts For CNNW CNN 20240704

Put one on the calendar for trump to stand trial in georgia, and its this second request, but by all means be a boolean move from fani willis considering what weve been talking about for the last two months, weve been talking about allegations of an improper romantic relationship that willis had with her special prosecutor. What sources close to her even acknowledged was a major distraction in this case. But now that willis has at least been told she could remain on the case by judge mcafee. She thinks its time now to push him to put a trial date on the calendar and we could see that come in the coming weeks. Now, look, that doesnt discount the challenges that you still going to face mcafee obviously, was really critical of williss credibility, really criticizing her for her actions that almost got her disqualified from case. And also the threat of his qualification still looms it was over willis and Appeals Court is going to decide whether or not it wants to review mcafee is order tha

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Transcripts For CNNW CNN 20240704

Jim acosta. Hope you have a great week, everybody. Our next hour of newsroom starts right now cnn you are in the cnn. Newsroom. Im wolf blitzer in washington. Were following Breaking News just coming into cnn right now, attorneys for former President Donald Trump say theyre unable, unable to get a bind to pay the 464 million fraud judgment, calling it, im quoting now, a practical in possibility. Cnns Kara Scannell is joining us from new york right now. Cara, what can you tell us . Walk us through what this means . So trumps lawyers have informed the Appeals Court today that they are unable to get anybody in Insurance Company and underwriter to help them post this ban, the 454 million for trump alone the rest to cover his sons and what they say is that theyve approached 30 of insurance underwriters. Some of these big, Gigantic Companies that you know, and they say that none of them are willing to do it. As you said, theyre calling it a practical impossibility one of the reasons that the

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Transcripts For CNNW CNN 20240704

Okay days. Lets be more than our allergy. The white house. And this is cnn President Biden set to deliver the speech of his career tonight, his third state of the Union Address. Were learning details about how hes expected to make his case for a second term tonight is some of his allies are begging him to fight harder. Plus developing now President Biden will direct the us military to create a Temporary Port In Gaza to deliver aid. How soon that relief could come as the un says, israel blocked nearly half of its aid missions into gaza just last month, and his hope is dwindling that a Ceasefire Deal will be done before ramadan. Plus researchers looking inside the brain of a killer what they say reveals about the maine mass shooter who killed 18 people and then turned the gun on himself. Were following these major developing stories and many more all coming in right here to cnn news central tonight. President Biden Will Delivery Pivotal state of the Union Address that will double as a sa

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Transcripts For CNNW CNN 20240704

State of the union, Hitting Reset on his reelection campaign, and taking his message on the road to voters in battle around states. Plus as the president touts his record, the new february jobs report beating expectations, we break down the numbers and what they mean for you. Were following these major developing stories and many more all coming in right here to Cnn News Central this hour, President Biden will arrive in the critical 2024 battleground of pennsylvania. This is part of a new campaign, push to amplify the message we first heard in a confrontational and somewhat unconventional state of the Union Address last night at times, it sounded more like a stump speech. To be fair, he was contending with some heckling republicans no surprise, things were politically charged because of that looming election rematch with former President Donald Trump lets get you out to the Campaign Trail with cnn senior white house correspondent, mj lee, whos in pennsylvania for us. Mj. What do we kno

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