him, it s him adjacent, too. it got more rich during the presidential campaign when they gave jared kushner several hundred million dollars in loans in october 2016 right before the election. and one of the reasons this financially inexplicable dynamic between trump and this one big bank, one reason it s of interest is because at the same time deutsche bank was the generous lender of choice for donald trump and his family no matter how much he abused them, he was also neck deep in a russian money laundering scheme. barely a week after trump s inauguration, deutsche bank got nailed for facilitating the laundering of $10 billion in dirty russian money and something that was called a mirror trading scheme in the business press. now it turns out that that $10 billion russian money laundering scheme, that might have been
by the wealthiest people in the country and they specifically changed that one, to lower that rate for a millionaires only tax break. they also mysteriously felt moved to go in over the last couple of weeks and add a gigantic tax break that will almost exclusively benefit large-scale multimillionaire real estate developers. uncanny, right? i have no idea where they got that idea. here s how the business press is covering it and bloomberg news is covering it. you see the headline there, trump, real estate investors get late-added perk in tax bill. here s the lead. lawmakers scrambling to lock up republican support for the tax reform bill added a complicated provision late in the process, one that would provide a multimillion dollar windfall to real estate investors such as president donald trump. why did they feel compelled to go in at the last minute and add this in? since the last time the senate voted two weeks ago and tonight, they added that.
respectability in manhattan. right. it does feel like that is what all of the gravitational pull is. i need all of these. i need an all gold palace. i need the new york times to write glowing things about me. right. these check off boxes of what he thinks they mean now i am respected. the new york that was his goal in new york, right? he got great play in the tabloids. the new york times i think kind of rolled their eyes for 20 years on trump. they kind of didn t take him seriously. everyone in the business press except tim o brien went along with the charade that he was worth $8 billion. he had it great. he had a reality tv show. he had the tabloids, local press loving him. and i think tim s right. he hasn t graduated i think when he got to d.c. we re going to do new york city media all over again. that s right. it just doesn t happen. so joan says he s gravitating to these completely fringe, crazy, painful sites looking for any kind of boost whatsoever. still
so spare me that you re going to keep carried interest there. for what? but from everything i m hearing there s a powerful lobbying campaign going on by private equity, by real estate, and so far successful. i also wouldn t underestimate wait, do we know anybody in the real estate business? oh, the president. i also wouldn t underestimate your average lawmaker s lack of understanding of how the tax code might work or financial markets operate. it is confusing to a lot of people. as we all know who hail from the business press, to explain it is sometimes difficult for your average citizen. guess what, that s why you vote for talented, smart lawmakers to protect you. we re going to leave it there. coming up, a california gunman kills four people and injures ten. how some quick-thinking kids saved the lives of potentially hundreds of other children. later, special counsel robert mueller reportedly plans a new round of interviews with some of the most senior members of the wh
so obsessed with controlling his image before he got into the white house. honestly, it was a lot easier back then when he s dealing with, you know, page six and the business press and he doesn t like the way he s being portrayed now and doesn t think that, you know, we re giving the proper attention to the things he s done so far. this is also a president who has no hobbies besides golf. obsessively watches television. added many more television sets to the white house so that he could watch more channels at once. so there s an irony there to giving the media a failing grade and then spending as much time as he does watching. when you think about it it s extraordinary because this is the first president who on an hourly basis, we know exactly what is going on in his mind, what s going on in his thought. most presidents, historians have to dig for decades to get these kinds of insights. donald trump as president is