This is the cbs evening news with Norah Odonnell, reporting from the nations capitol. Odonnell good evening and thank you for joining us, tonight President Trump is refusing to directly address allegations that he avoided paying any federal income tax for years. Using a series of loopholes, writeoffs and businesses wills to shield himself from the same type of taxes nearly all working americans pay. The New York Times says it has documents showing President Trump paid only 750 in income tax his first year in office, that his businesses are losing money, and that he personally owes 421 million on loans made to his companies. Today the speaker of the house suggested those debts could be a could be a threat to National Security. And tonight the president does not appear to be denying the facts in the times report. On twitter he is accusing the newspaper of illegally obtaining his information and arguing his Financial Statements are impressive. Now for a president who built his reputation
Rer. Today happens to be National Coffee day where you can score some sweet deals. Early today starts right now good morning im Frances Rivera im phillip mena. The stakes are higher than ever as they deliver their dualing futures. It will cover everything from coronavirus to the integrity of the election itself. Tracie potts joining us with a preview from d. C this may be one of the most anticipated debates ever this could be the debate. President trump and joe biden on the same stage for the first time in this fall president ial debate we are looking at debate prep but also expectations. A lot of the president s prep happens when hes quizzed by reporters frequently but we also know he has been working with Rudy Giuliani and Chris Christie to do some debate prep hes been drilling down on policy but also doing some homework on twitter and moat were asked about their expectations for tonight the debate is coming up how are you preparing specifically i think i prepare every day when youre
Agency, including questions from members of the House Oversight committee on cash stimulus payments authorized early in the pandemic. This is two hours, 20 minutes. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] this subcommittee will come to order. Welcome everybody to todays hybrid hearing. Pursuant to house rules members will appear remotely via webex. A fact i may be the only member appearing in person, although all three of her witnesses are here in person. We appreciate that. Since many members are appearing by webinar let me remind everyone that pursuant to the latest guidance come all individuals attending in person must wear a face mask. And i am wearing mine except to make this statement. Members who are not wearing a face mask will not be recognized. Let me also mak
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] this subcommittee will come to order. Welcome everybody to todays hybrid hearing. Pursuant to house rules members will appear remotely via webex. A fact i may be the only member appearing in person, although all three of her witnesses are here in person. We appreciate that. Since many members are appearing by webinar let me remind everyone that pursuant to the latest guidance come all individuals attending in person must wear a face mask. And i am wearing mine except to make this statement. Members who are not wearing a face mask will not be recognized. Let me also make a few reminders to those members appearing in person. Well, actually they are not. I time is visible in the room directly in front of you. For all members appearin
Trading there. We do see the asian tech. The more leading indicators that things are looking a bit more bouncy. All of about 1 here this morning. We are watching the dollar strength. Have we reached the peak in the dollar. Things are looking a little bit overbought right now. Dollaryen still seeing some strength. We did see that weaker fix in the pboc. We are watching the bond market as well. Pushing back a rate call. You have jp morgan saying it is time to save the bond rally. Those debts seems to be going back a little bit now. Iron ore seeing a decent bomb. Today. Haslinda President Trumps ban tiktok has been blocked by a federal judge. Dealing a blow to the government in its showdown with a popular chinese owned app. They say threatens National Security. We have been following developments. Take us through the very latest. Ruling from the District Court judges in the east coast. Gave that decision blocking the proposed banned by the Trump Administration. Tiktok had requested prelim