Transcripts For CNNW CNN Newsroom With John Berman And Poppy

Transcripts For CNNW CNN Newsroom With John Berman And Poppy Harlow 20171127

Misconduct. It is deadline day for Jared Kushner to hand over documents to the Senate Judiciary committee. And we have no idea how members of congress will react to this, the news of the royal wedding. These are live pictures from Kensington Palace, we await prince harry and megyn markle, making their first appearance here at Kensington Palace. This is why we fought the revolution. We will go back to that the moment it happens. We begin at the agency that was born as part of the great recession. Jessica snyder is live from washington. Reporter john berman, you can see the protesters assembled outside. Inside could be a showdown looming. Nick mulvaney is inside, he assumed the position of acting director. He arrived this morning shortly after 7 00 a. M. We understand from a white house official, he has been given full access to the Directors Office and receiving as they say full cooperation from his staff, he even arrived with donuts for the new employees. Turns out that Leandra English is also inside. She was deputy director. Friday, she was named as acting director, when the former director actually resigned. Theyre both inside now. It does seem that Nick Mulvaney has assumed his position. Leandra english, however, filed a late night lawsuit last night saying the law that created this agency, doddfrank, that it actually lays out how exactly the protocol should be when a new acting director is named. She says she is it and that the president does not have the power to name his own pick. But this isnt only a legal fight, it is a political battle. Nick mulvaney has been widely outspoken against the bureau that he is now taking the reigns of. Jessica, we are going to jump in here as you talk about tax cuts, taxation without representation, the cause of the american revolution. Thats the backdrop as we see prince harry, meghan markle. This is the first chance to see them. Shes an american actress, know her from the show suits. They were engaged. Heres the first look at the engagement ring. We were told it was possible that diamond was taken from the collection of his mother diana. Lets listen in to see if they say anything. A brief glimpse. Meghan markle, 36 years old, prince harry, 33 years old. Any time they decide to spend their life together, it is a moment to rejoice. Given the fact theyre part of the royal family will be cause for greater attention. We will watch them walk out through the sunken garden. They will live at Kensington Palace, nottingham cottage there. Erin mclaughlin has the latest on the details of the engagement. Reporter didnt they look so happy. Meghan markle looked radiant in that white coat, beautiful diamond ring. Were waiting to get details as to where the ring came from. There was speculation in the build up that might be from princess dianas collection. Were waiting for details. Announcement was made by Kensington Palace earlier today in the form of a statement as well as tweets befitting of 2017, modern day royal engagement. We heard congratulations from members of the royal family, Prince Charles and camilla saying theyre absolutely thrilled. It is also understood that prince harry asked her parents for their permission. And her parents released a statement of their own saying we are incredibly happy for meghan and harry. Our daughter has always been a kind and loving person. To see her union with harry that shares the same qualities is a source of great joy for us. We heard from william and kate, saying were excited for harry. It has been wonderful getting to know meghan and to see how happy she and harry are together. The queen as well said to be delighted by the engagement. All eyes on this couple going forward. Now turning to the wedding. We understand the wedding will be in spring of 2018 and details are to be forthcoming according to the Kensington Palace statement. Lots ahead. Erin mclaughlin in london. Thank you very much. We will stay on top of this story. Good to see an american rising through the ranks over there. Congress gets back to work with a monumental task, maybe five or six tasks, the Government Shutdown, funding Childrens Health care, renewing a key surveillance program. Joining us live to go through this, suzanne malveaux. Reporter good morning, john. Theres a lot happening this week. This is a critical time for the president as well as republicans. The president looking to get something done, some major legislative accomplishment before end of the year, promising tax reform plan will be pushed through by christmas break. We will see. First and foremost, the president will be engajged, meeting with the finance committee, very important, sitting down with orrin hatch, he is counting onto usher this through. Tomorrow on capitol hill, third time in as many weeks to make this case directly, sitting down with Senate Republicans over their weekly lunch to move this forward. We saw this strategy on the house side, a similar strategy on the senate side. We will see if that works. What is critical and different in this case is the window. They only republicans can afford to lose two votes to make it happen on the senate side. Thats a narrow window. Do they have the votes yet, they dont have the votes for that majority to pass. They cannot afford to lose any more. Here are folks on the sidelines, if not having major concerns, even possible nos. Senators ron johnson, steve gains. So far they have been outspoken nos. Theyre looking to help small businesses. They see a lot of big tax breaks for corporations. They want more for small businesses. How will they do that. Want to help companies file individual income tax as pass throughs. Current senate bill, they can deduct 17. 4 of income. That could go up a bit. Thats what theyre hoping. Maybe a negotiating point there. Then senator sugs asan collins, has spoken out against repealing the obamacare mandate, thats one of the concerns. The other thing, she wants to allow 10,000 in local property Tax Deductions from taxable income. What we see is that provision is in the house version, not necessarily the Current Senate bill. We think from sources that that could be a line. Jeff flake, john mccain, and bob corker. These all untethered, unencumbered by reelection campaigns, very outspoken critics of the president. What theyre putting forward is theyre most concerned about the federal deficit. Late latest cbo score puts it under 1. 5 trillion over ten years. Thats what has to happen for this to go through for reconciliation process, simple majority pass in the senate. Cant go over 1. 5 trillion mark. Thats what theyre looking at. So far, economic analysts say theres no credible evidence that tax cuts lead to economic growth. Thats been a case that some republicans are trying to make. These senators want to see proof behind it. Finally, john, senators James Langford and moran, looking at the deficit side and looking at repealing the mandate in obamacare and how much that would mean in terms of not having health insurance. The latest analysis showing perhaps 13 million more people uninsured over ten years, if in fact thats part of the bill. Lots of work to be done on both sides. Busy to say the least. Suzanne malveaux, thank you very much. Molly, i want to start with the Consumer Financial Protection Bureau and who is running it this morning. The answer is we dont know. We just dont know. The president appointed Nick Mulvaney, the Current Deputy director thinks shes running the place, sued for such a thing. This is how the framers of the constitution envisioned it, isnt it. Sort of high noon scenario. As you mentioned before, this is an ideological battle as much as it is bureaucratic or personnel. This isnt just two people that want to sit in the chair, sit in that big office. This is an agency thats been embattled, highly partisan. Created as Watchdog Agency to keep an eye on big banks, pay day lenders, and former head of it was put there in part because republicans wouldnt agree to confirm Elizabeth Warren to it. You have Nick Mulvaney who said many times he doesnt think this agency should exist. Putting him there is an attempt to reorient the agency, change its direction, and outgoing director appointment was attempt to protect what he saw as the prerogatives of the agency, keep it going in a more progressive direction, and the direction Richard Cordray would have intended. This is about the politics of regulation and politics of taking on the banks. I think thats right. Eventually the white house will win here, eventually the president will get his pick to run the agency when he does nominate someone permanent and the Senate Confirms it. But it is a battle over consumer protection. Thats right. Youre exactly right. It is not if, it is when theyre going to defang, declaw, dis disembowel the agency. It is precisely why it is supposed to be insulated from political influences now raining on it. This looks at pay day lenders, pawn shops, small lenders, big lenders. It created a new environment for banking institutions, returned billions back to consumers. If theres a popular outcry about this, then most of the democratic strategy should be fired. This is a big deal. It is a talking point across the aisle, that basically nobody went to jail after the financial crisis of ten years ago. You dont have to send people to jail, but you have to make sure they dont repeat some abuses from the past. This agency is the only thing standing between consumers and a lot of abuses. Strikes me that the democrats have chosen to fight this battle which ultimately they will lose, ultimately the president will get someone he wants to run it, whether it is today or two months from now, we dont know. You have this fight where the democrats feel it is worth dying on this hill. Add it to tax reform, to the Government Shutdown, to the dreamers issue that will come up this month. We have 30 days, 12 of which congress will be working, where they fight each and every day over each and every issue. Yes. And i would just add to the question over the cfpb, their own general counsel issued a memo saying that the president , this is his purview, he gets to appoint the acting director, the senate will have to confirm, give advice and consent to full time director. I think donald trump is right on this one. I think that democrats are playing politics. John, youre right. Theres a lot to do, not a lot of time to do it. I think we could expect the bare minimum to get done. Politically speaking, republicans believe tax reform has to pass, at least pass the senate. Thats probably the one legislative area i think that theyll maybe get something done. Otherwise, it is just doing things that have to be done. For example, keeping the government open. I expect we will see a short Term Extension to take care of spending. But theres not a lot of time to get anything done. Molly, excuse me, choking up here, we put up that list of senators who have various forms of opposition on the tax cut. Three that influence me, corker, flake, mccain that have shown personal problem with the president now as much as anything legislative. What are chances that any of those three senators oppose tax reform just because the president supports it. I dont think any of them would do that. From what i understand about their questions about the president and his character and temperament, theyre not motivated by personal spite, and i dont think they would do something to spite the president. However, theyre not inclined to do him any favors either. If they have any policy reservations about this, if they have any qualms with the bill itself, which as you mention, a lot of senators do for various reasons, various objections on all fronts on this bill, it is sort of embattled. I think what youll see from senators like corker and flake and mccain is that if they dont like something in the bill, you know, they may want to help out their team, may want to help out Mitch Mcconnell and the republican caucus, but theyre not going to vote for it to help the president. Theres a Huge Development that happened over the thanksgiving break in the russian investigation. We learned Michael Flynns lawyers essentially told the president s lawyers they will no longer work together. We are not lawyers the two of us, but that has to mean at a certain level that Michael Flynn is at a minimum in discussions with special counsel. Thats what the consensus is, thats what those actions would lead you to believe, at a minimum his interest, legal interests are diverging from the rest of the team. This is bad news for the white house. He was one of the most high profile. You could say pop dop lus wasnt a big player, manafort was under indictment but went away. This is after inauguration. After the president said dont hire this man. After the acting attorney general said theres a serious problem here, somebody whose own lawyers said he has a story to tell, he would love to tell it if he could get immunity. He was trying to make a deal months ago. This is further confirmation he is trying to do so. The president responded in general terms to this over the weekend. Let me read what he wrote. Since the first day i took office, you hear the excuse for losing the election, russia, russia, russia. I think the most creative response, to say Marsha Marsha marsha, the president is jan brady. Not asking you to comment on the brady bunch. The president continues to say russia is nonsense even as there are signs the situation is getting deeper and deeper. I understand the administration. If you told me that republicans would control everything, they would get Supreme Court pick that seems to be great, the economy would be doing quite well, the stock market soaring, we wouldnt be at least not bogged down in iraq or some foreign misadventure, i would say 2017 must be amazing. And actually seems horrible, like a bad year. Donald trump contributed to some of that perception. I understand his frustration. The problem is that if in fact, yet to be proven, if in fact the Trump Administration conspired, callus colluded on the election, doesnt matter how good the economy is doing, that would be a damning event. Thats a high bar. Even if his former Campaign Chair is found guilty, if Michael Flynn is in any legal peril, that would be a big deal. Great to have you with us. Thank you all. Didnt get to ask about the royal wedding. Clearly the most important issue today. Also, senator al franken says he is embarrassed and ashamed about Sexual Misconduct allegations. Today he is back to work. Also. Remember this. You can do anything. Grab them by the [bleep]. President trump is now reportedly questioning whether this tape is real. He is doing that as he continues to support the Alabama Senate candidate accused of child molestation. Today could be the Biggest Online shopping day in u. S. History. How will you celebrate. What will you buy the royal couple. Stay with us. For great skin, you dont have to go to a spa. Just go to bed. Aveeno® positively radiant® overnight facial. Get the benefits of a spa facial. Overnight. Aveeno®. Naturally beautiful results® aveeno®. Hi dad. No. Edont try to get up. Hi, im julie, a right at home caregiver. And if id been caring for toms dad, i would have noticed some dizziness that could lead to balance issues. Thats because im trained to report any changes in behavior, no matter how small, so tom could have peace of mind. Well be right there. We have to go. Hey, tom. You should try right at home. Theyre great for us. The right care. Right at home. Another day at the office. Why do you put up with it . Believe it or not you actually like what you do. Even love it. And today, you can do things you never could before. Youre working in millions of places at once with iot sensors. Analyzing social data on the cloud to create new designs. And using blockchain to help prevent fraud. So get back to it and do the best work of your life. We are watching capitol hill, awaiting return of al franken and democrat, john conyers. He says he is stepping down as Ranking Member of the House Judiciary Committee as he faces ethics investigation for Sexual Harassment and workplace abuse. He has new defenders, a dozen women, former aides come forward writing a letter in support of the congressman, and in a controversial interview, nancy pelosi had this to say. We are strengthened by due process. Just because someone is accused, is it one accusation, is it two, john conyers is an icon in our country. He has done a great deal to protect women. National politics for mj lee joins us. Give us the latest on john conyers. Reporter john, whats happening is that democrats are reeling from the fresh Sexual Harassment allegations against congressman john conyers, the longest serving member of the house. But the congressman is defiant. He said in a statement he denies the allegations and looks forward to vindicating his name, but made the important announcement he will be stepping down for now as Ranking Member of the judiciary committee, obviously a prominent, powerful role in that house committee. And this is a tough controversy for Democratic Leaders to handle. We saw the

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