President Donald Trump Goes To 'Political War' Over His Finances | Deadline | MSNBC
Question, today how far, will Donald Trump go to, keep his finances. Hidden, the answer may lie in a new lawsuit Donald, Trump and his kids Ivanka. Don Jr and Eric Trump just filed against, the banks that have been subpoenaed by Congress. That's deutsche bank in capital 1 the, lawsuit, is designed, to block those banks, from responding, in any way to, the congressional, committees seeking information about. Trump's, finances. The new york times reporting, quote in the suit filed in federal court in manhattan, the president, and his family members argue, that, the Democratic, House committee leaders who issued the subpoenas, engaged, in a broad overreach. Representative. Maxine, Waters the, chair of the Financial, Services Committee, and Adam Schiff chair, of the house Intel, committee issued a joint statement accusing. The president of. Obstructing. Lawmakers, constitutional. Oversight, Authority and added, quote as a private, businessman, Trump routinely, used, his well-known litigiousness, and the threat of losses, to intimidate, others but, he will find that Congress, will, not be deterred, our friend Tim O'Brien, from Bloomberg, adds this quote welcome, to the first salvos, of the post Muller battle, between the White House and Congress, over. The separation, of powers executive. Authority, and the Pandora's, Box of thorny, troubling. Problems, stemming, from the fact that Trump, is the most, financially, conflicted. President, of the modern era, this, latest standoff, combined, with the obstruction, case, laid out in the Muller report, leaving, the Democratic, frontrunner Joe Biden, to say today that Trump's, impeachment. May become, the only choice for Democrats, who were constitutionally. Bound to provide oversight. There, are elements of the report in the second phase of the report about seven or eight things that are left undone, he was not within his purview to investigate, he thought the Congress is attempting, to take that up and what the Congress, should do and they are doing is investigate. That and if, in fact they. Block, the investigation they have no alternative to go to the only other Constitution, resort they have is impeachment, and. That is where we start today with some of our favorite reporters, and friends Ashley, Parker White House reporter, for The Washington Post the, former assistant director, for counterintelligence. At, the FBI, Frank, Fugazi, and with, a sunset, former federal prosecutor for. The Southern and Eastern District, of New York Barrett. Burger Kareem, John Pierce back senior adviser to moveon.org. An executive. Editor for Bloomberg opinion, who we've already quoted, and he has near. Bryan. Is here let me start with you Tim because you've been following the, money when, it comes to Iran for a really, long time where does it lead well, it leads obviously, into his wallet but the larger, issue it leads to is whether or not the president United States isn't just financially, conflicted, but, he's financially compromised. And this was something that obviously Muller. Focused, in part on but I don't think he focused, on it in depth and, I think he ultimately made, a strategic decision to let other prosecutors. Or investigators. Or Congress, take a deeper look at that but it came up in the malla report obviously around the discussion of the Trump Tower Moscow, project, and the, reason, that was an issue was because President Trump one lied about its existence he. Lied about his depth of his involvement with it and I. Think the reason he did, was. Because it raises, this issue of whether or not during the election, and his campaign, and the transition, he had money at stake in Moscow. That shaded any of the public policy, decisions he was contemplating, or possibly.
Considered, And acting which became even a more fulsome issue once he entered office but, it's not just Trump Tower Moscow, Trump has decades. Of dealings, with organized, crime and. With, very. Murky, sources, of funding, that, raise questions about whether anyone. Has a tether on him and that hasn't fully been answered and Muller. Chose not to dig into that but, we now have, real committees in Congress looking, at this issue we, have the New York State Attorney General, looking at it the other Southern District of New York and I think what unites, this, shouldn't. Be a partisan, or, ideological issue. It's about good government it's. About transparency, at, the, co leadership, and good, public policymaking. That's not corrupted, by by greed, or self-interest you've been sued by Trump I imagine you were not surprised, that, he took this route, as a sitting, president of, roping, his kids in surprise, surprise and suing the bank so they can't comply, but what do you make of attacks also. Ironically, one of the plaintiffs in this case is his, trust, that he's set up to abstence ibly. Insulate. Him from conflicts, of interest while he was in the White House that entities also suing to, prevent disclosures, you, know Trump II has been doing this since at least 1973. Roy, Cohn caught him out of weaponize a legal system the legal system and in. That year the Justice Department went after the Trump family for racial discrimination and their housing developments. In in the outer boroughs of New York and typically. Most of those developers, when the federal government came after them they paid their fine and they shut up and they moved on Trump. And Cohn, sued, the Justice Department, they countersuit, saying, it was a bogus suit and despite, ample evidence that they were discriminating. Against applicants, etc, etc and. I think that a light bulb went on in his head in that year in 1973. Donald, Trump is 27, years old and he realizes, that, if you don't really care about, the environment in, which you say things civility. Or the law you, can wage war whenever you feel like it a, light bulb went off it's not clear that it still lit frankly. I don't know anything about law enforcement I have a seven-year-old when when he says don't look here don't. Look here I'm gonna do everything mama but don't look here, the, first thing I do when he leaves the room is I go look and where he told me not to look and it's he's always busted, so Donald Trump taking this step as a sitting president don't, look here don't look here don't look here at deutsche bank in capital one deutsche bank obviously, a lot of questions about the role they've played in financing. His golf courses and all of his businesses, in Capital One I believe that's the checking account on which he wrote the, hush money payments where, he is now implicated. As an unindicted, co-conspirator. And an illegal hush money, Nestea and why it would seem incredibly. Important, to any investigation. By law enforcement or, by, Congress, to have access, to those bank records no. Yeah. Someone who's got nothing to hide, doesn't, want to sit in the dark and the president's, trying to stay in the dark and keep us in the dark and what I'm seeing Nicole is a link, between, corruption. And. Compromise. I think he's compromised, by his own corruption, he doesn't want this to get out and by, the way I see, a link to the counterintelligence. Investigation. That started this whole thing because if you're talking about compromised. And finances. The, portion, of that may, likely, have been reserved, for the counterintelligence, investigators. At the FBI, because it's clearly not addressed. In the mauler case and more, evidence, that there's a counterintelligence. Compromised. Angle here Nicole is that it's been reported today that, Adam, Schiff and the, House Intelligence Committee, have, hired the former, chief of the financial crime section with, the FBI that's. A major, acquisition. And tells me that. It's the intelligence, folks on the hill that, are looking at the finances, and we need to watch that closely you know what Frank let me stay with you and let's dig in on this a little bit because we have had a lot of conversations. About, the circumstances. And the conduct, that Donald Trump engaged in that led then acting, FBI director, Annie McCabe to open a full field investigation, counterintelligence.
Investigation. Into the President and you and Tim are both right that, was not the. Investigative, thread that we know of that, Muller pursued, but it was behavior. Like the lifting, of sanctions, that, Mike Flynn, pleaded, guilty to, lying about those conversations, Mulla reports out we still don't know why that happened, the back-channel that's in the first section of the Moller report that Jared Kushner wanted, to set up with, the Russians in the transition. We still don't have the answer, as to why that channel, needed to be opened and Donald. Trump's bizarre, conduct. His flattery, of Vladimir, Putin his, practice, of ripping, up notes from the five one-on-one, meetings with Vladimir. Putin his, insistence. On meeting alone with just a rush, interpreter, not even an American interpreter. When he met with Vladimir, Putin on the sidelines, of NATO. Those are still known unknowns. In terms of Donald Trump's contacts, with the Russians do you think those are active. Lines of Investigation in, whatever remains, in that counterintelligence. Probe, and in what congressman. Schiff wants to do with the Intel committee I. Do. Indeed with, all the smoke is there but we can't find the source of the fire and I think the source of the fires being investigated, still, by counterintelligence, division. Agents. And with. The hire today. Announced, today former. Financial crime section chief going. To Schiff and his team I have, to begin to wonder whether indeed, there's, been some sharing. Of information. From, the FBI's, counterintelligence, division, with. Their overseers, on shifts. House, and Senate intelligence committees and whether, that's helping shape, the direction. That those committees are going to go in that's, likely. To have happened that's the norm for the counterintelligence, division to brief the hill on significant. Developments, in CI cases, and I, think that a partnership. May be developing, there Barrett, what would the skill of Frank. Has now mentioned, twice this, higher and. It does seem significant, but just help us understand, as a former prosecutor what. That person's skill set is and in what that adds to, a committee, like, congressman chefs yeah I mean what you're looking for on a committee is somebody that actually has worked on the field whether, it's having, prosecutors. There to help you understand, or former prosecutors, there to help you understand legal theories whether, it's having people that have worked in the FBI that actually, understand, what, the nature of the threat is who, the actors are that are trying to threaten, us and where. Our vulnerabilities. Are so I think that's really the skill set that somebody like that would bring to the committee so. Actually, I saw you on the eleven and and I'm trying, to, understand. What's. In Trump's head whether he's doing this kabuki, dance with impeachment does, he want to bait them into impeaching. Him because, some of his pals said Clinton, out of 67% approval when he was in peach go for it mr. president or whether, it really, is this redline that he described, in press interviews, around, his finances.
What's Your sense this morning, about, trump state of mind and these tactics. These extraordinary, legal. Measures, to keep his finances. To keep his bank records secret. Well. Well the answer is actually both, in sort of the Venn diagram, it overlaps, and works out for the president, he has long said and believed, that impeachment. Is a political. Winner, for him it's it's certainly a headache but he also believes, it's a winner it sort of forces the Democrats, into. A box already you're seeing leader, Pelosi, is having some trouble managing her caucus you have people who think that they, absolutely should be moving on impeachment and people who think that they, shouldn't and they should be focusing, on legislating. And the president thinks again politically, heading into 2020, if he can paint the Democrats, as overzealous, that, that will be a huge, win for him at the same time he, actually truly, doesn't. Want these committees, to look into his finances, and, look, into his businesses. He, said that was a red line he means it there's a few things that he really cares about one, one is his finances, and as his. Businesses, the other is his family, and his children and, so here, he's trying to prevent the he's not going to work the Democrats simply because he thinks it's a political winner he's going to war because he does, not want these documents, in these forms turned, over, and the added benefit is he feels emboldened after the malla report he thinks he can also sort of stick it to the Dems in the process, Kareem let me put up some of the past headlines, about his finances. Hush. Money payments to, women the extraordinary, reporting, about what he was doing on all the days that he wrote those, checks to cover up alleged, sexual relationship, with a porn star business, dealings with rush over Trump Tower which which Tim started, talking, about on, this history of lying about the size, of. His worth and. Suspicious. Tax schemes as, reported, in a now Pulitzer, prize-winning, account. In the narrow kind yeah you, know we. Were just talking about a peach mint for a second I do believe, that Donald Trump is playing a game of chicken with, Democrats, when it comes with to a peach maybe I think he really is because, regardless if Democrats, are impeaching or not he's going to run on, he's been doing that for a year and I do believe that Democrats should call his bluff, they.
Should Play they should have Donald. Trump play on their turf not, play on his turf so what's that look like and I think it's starting impeachment, proceedings, I'm really starting, to make sure that we hold, him accountable because, what they're doing now it's on his turf and he's, just saying no to everything and so we're not getting anywhere it's, almost like since they're, chasing each other around and, so I do believe, that they need he's, you know what he's doing as well he's testing, like the guardrails, of democracy, which he does all the, time and this is the space that he up is operating, it and they have to just step. On that and say no Moussa let me let me make that turn with you these, are the Democrats, who, the 2020, candidates, Joe Biden in the front-runner kumla, Harris Elizabeth, Warren who'll incasa have all called, for, the. Commencement of impeachment, proceedings I believe mayor Pete Buddha judge has said that he deserves, to be in pH but he's not in Congress hasn't weighed in do you think that's I mean do you mean that those are those. Are those are some of the forces within, this Democratic, primary do you think the rest will follow suit I think they they're going to have to I mean what we're seeing with Donald Trump almost every, day right every day we're hearing what he's stopping what he's not gonna do the subpoenas, he's not gonna pay attention to the people he's not gonna allow to, speak to Congress it's. Almost as if he's forcing, the hand of Nancy Pelosi and, so if that's going to happen I think Democrats in particular. In the house we're gonna be in the place where they're going to have to do it and that's why I think it's like this weird game of chicken, he's almost daring, them to do it and so don't play on his turf just, don't do it I totally agree with Ashlee's, analysis. That, like it's like a right-brain, left-brain thing. Like the left-wing wonsik, is in the abstract, it's like yeah man impeach, me and. But then the right brains like wait what what does that mean again like like you know let me get to get the look what does that look like I mean how. Would he, doesn't seem like the kind of guy who is constitutionally. Suited, for. The intensity. Of an impeachment he is not constitutionally. In he, not. Constitute. You. Know he's not. Capable of, withstanding scrutiny. Around anything, or being patient with. Process, right, here ëadd none of this is about strategy it's, it's a mud fight with Congress, over what he believes his prerogative, should be but, I'm firmly with Frank on this that the big motivating, factor here is he, wants to remain in the dark and I think that that's why we have to think about this process as something other than a, typical, Washington, mud, wrestling, event there, are principles at stake here about the Congress's. Prerogatives. In terms, of oversight of the executive branch and what, we think the executive, branch should be constituted. Of and, Trump. Is trampling. Over core, values, and, it's not just about. Republicans. Versus Democrats, it's about clean government and it's about corruption, and he's, corrupting. Everyone, around in the places game with. Him. I, agree. With you but he's moved and we're gonna get to this later in the show but Frankie's mood rod Rosen this time he was the target of all of that ire and all of that. What, the love letter I mean do. You as a, former, FBI official, do you think that that. Someone, like congressman. Schiff that the Democrats, who see, the world and see these principles, as worthwhile, at protecting do you think they can move public opinion along. In their way I. Think. Sunshine is the best disinfectant. To use the cliche and I think that if we begin hearings. And if we air out the key witnesses, and we can get them to the table without, without going to the Supreme Court each and every time I think the American people will begin to see and it, will resonate, with many that, this is a corrupt, president ironically, it's, impeachment. May then be the the. Way not only to target, a corrupt president but as has been said to actually, ensure, that we're not redefining.
The Presidency. That's what's happening, here like it or not the prayer or understand, it or not the president's, trying to redefine. What, being president means and trying to have three, branches of government where, one is more powerful than the other and if the only way to safeguard. That and preserve our equal. Branches of government and, the way our system of checks and balances works, is impeachment. Then that's even more reason to go forward with it actually, I want, to spend some time with you on just this idea, that, impeachment. Is this jump ball I mean Robert Muller released. A report, where. He explicitly. Says, he cannot say the president, didn't commit crimes and everyone's like I don't. Know that's close it's so close now, you've got the banks, and Michael Cohen no, angel. Testified. In, an open session that, he faked, the books cooked the books with Deutsche Bank to help the president buy a football team that didn't want him I mean the the the the evidence, and it's almost how he got off in the Muller investigation, well everything I did wrong I did it I did it on Twitter you can't catch me for that I mean what is the strategy moving, forward he is continuing. To obstruct. Investigations. Into, himself with these tactics. Congressional, attempts, at oversight, and. That's what the Democrats frankly. Have to grapple with even, though a lot of them say that's not where public sentiment, is necessarily, and it's politically, unpopular as. Frustrated. As they were with what happened with the Muller investigation. You have an increasing number including. Committee. Chair sort of saying he's continuing. To obstruct, he's continuing. To abuse his power and even if we don't have the public on our side and even if we don't have you know any Republicans. In the Senate joining, us we have a constitutional. Duty to, move forward, so you had the Muller report which Democrats, sort of viewed as using, as regardless. Of what conclusion, he, came to an, attorney general bar came to you had Democrats who sort of wanted to use that as a road map as a template. To even if they didn't move forward on impeachment call. Witnesses before the committee say hey we know from the Muller report that you took copious detailed, notes we want to see those memos we want to see those notes to subpoena, documents. And, now the president, is preventing. Them from doing. That so that's actually a real tangible, challenge. Of where they go from here and then from the president's point of view of course as I said before he, doesn't actually want them looking into all of this stuff but he also believes, to a certain extent that a, bit of this is a public, relations war and because, the Muller report it was 448. Pages, but a lot of it not all of it but a lot of it was litigated, in the press before because, there was great reporting, in, a number of publications, and so they sort of feel like it's. Not as big, a deal as it would have been were, it all brand-new, information and, there's a bit of fatigue on the part of the public which again is why they feel emboldened, in trying, to kind of stymie, the Democrats, at every turn all right really quick last question actually when is the president most. Detrimental, to himself when, he feels like something, has emboldened him dand exonerated, him as you're suggesting he feels about the Miller report or when he feels like he's been caught doing something extra. Naughty even for him. That's, a great question I, either, don't know the answer I think it's a bit of both, I mean you saw the Muller investigation. Is a classic, example, he. Sort, of felt under. Attack. Just to have Russian. Interference looked. At. And that's, why we want to do that right like why would we want to know what our adversary. Did and, then. Therefore he, he, felt under attack and so he began behaving in a way is that then added, this whole extra bucket, of obstruction, of justice to. The investigation. So that's him behaving sort of poorly when he feels vulnerable and, under attack but. Now that he feels emboldened, he's, sort of exhibiting, the exact same behavior but, for a different set of reasons so I think the answer is both hey there I'm Chris Hayes from MSNBC thanks, for watching MSNBC, on youtube, if you want to keep up to date with the videos we're putting out you can click subscribe just below me or click over on this list to see lots of other great, videos.