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Transcripts for CNN CNN Newsroom With Ana Cabrera 20211008 17:23:00

the house oversight committee are intentionally misleading, irresponsible and unequivocally false. they go on to say that this is a desperate attempt to mislead the american public and defame trump in pursuit of their own agenda, but i ve got to tell you, the committee is not done yet and this is an active investigation and there are just so many more questions now, particularly when it comes to those foreign governments, and if they can get this kind of access that they have here, we re looking at some really deep insight shedding light on what essentially has been a black box of trump s finances, erika. yeah. you re right. it really does raise so many additional questions. kristen, thank. the art of defiance. former president trump s attorney told these four, former frump aides, to defy subpoenas from a house committee regarding the january 6th insurrection. a source says steve bannon is telling lawmakers he won t cooperate. his lawyers say it s for the courts to decide whether h

Transcripts for CNN CNN Newsroom With Ana Cabrera 20211008 17:21:00

former president s claims that the hotel made money, it actually lost tens of millions of dollars during his time in office. cnn national correspondent kristen holmes has been going over this report and is breaking it down now. what did investigators find because those headlines are certainly something? erica, this is really the most detail we ve seen in trump s financials made public since we started down this path. something to keep in mind here is that congress has been chasing these kind of details that we re seeing here for years. i mean, when president trump was in office and afterwards. the first time we re seeing this outline and the most notable thing that you mentioned is the money that came in from foreign governments. the committee is estimating that about $3.7 million went to trump from foreign governments and this is money that flowed through his d.c. hotel and was never disclosed. as you said, it s a conflict of interest and it s also raising questions as to what, if

Transcripts for CNN CNN Newsroom With Ana Cabrera 20211008 17:22:00

anything, the foreign governments got in return for spending more and despite the fact that he watering getting millions of dollars. the trump hotel report a acof is 56 million but the reality is it was loss of more than 80 million. the loss was so great that the trump hotel had to be loaned more than $24 million from other holding companies. i want to show you here an umbrella of what the committee found. they go through this step by step and talk about how president trump was issued misleading information, that he received preferential treatment to a foreign bank and accepted millions from penalty tis and we have just now heard. basically they are challenging the accounting of the committee. we ll show you this here. they say the allegations made by

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