AFN
NEWS
Thursday, May 23, 2019
1)
From ABC News, I’m Chuck Sivertsen. A
federal judge in New York is refusing to block Congressional subpoenas seeking
President Trump’s financial records. U.S. District Judge Edgardo Ramos ruled the
congressional subpoenas seeking records from Deutsche Bank and Capital One
and President Trump do have a quote “legitimate
legislative purpose.” Lawyers for the House Financial Services and Intelligence
Committee say they need access to documents to investigate possible foreign
influence in the U.S. political process. Trump’s attorneys asked the judge to
block Congress from obtaining the records, saying if the court allows their
release, it will mean Congress can issue subpoenas quote “on any matter at any time, for any reason to any person.” Mark Remillard, ABC News, New York.
2)
President Trump abruptly ended the meeting with Congressional leaders at the
White House, telling Democrats that he won’t work with them unless they stop
investigating him. “When they get everything done, I’m all set to, let’s get infrastructure,
let’s get drug prices down. In the meantime, we’re doing tremendous work
without them.” President Trump told reporters in the Rose Garden that he
doesn’t do cover-ups, the term House Speaker Nancy Pelosi used at least twice.
“In plain sight in the public domain, this President is obstructing justice and
he’s engaged in a cover-up, and that could be an impeachable offence.” Speaking
to the Center for American Progress Ideas Conference, Pelosi called today’s
meeting strange.
3)
According to court documents unsealed today, President Trump’s former fixer Michael Cohen exchanged hundreds of
calls and texts with Columbus Nova.
That’s an American financial firm tied to a wealthy Russian.
4)
Authorities say an infant has died after being left in a hot van for hours
outside a Florida day care.
5)
Wall Street, major indexes closed lower because of a mixed batch of corporate
earnings reports. The Dow lost 101 points, the S&P fell 8, the NASDAQ slid
35. You’re listening to ABC News.
…………………………………………..
From
the Fox Business Network; stocks falling, dragged down by makers of semiconductors
after a U.S. federal judge ruled that Qualcomm
illegally suppressed competition for cellphone chips; with the Dow falling 101
points, the NASDAQ down 35, S&P 500 down 8. // And Tesla’s stocks dropping 6% today, closing below 200 bucks, a share
for the first time since late 2016, as analysts and investors expressed
concerns over demand for its lower-priced Model 3 vehicles, management credibility
and plans for some hard-core cost cutting. // And you may have to wait a bit
for a newly design of the $20 bill. The bill featuring abolitionist Harriet Tubman will no longer be
unveiled next year according to Treasury Secretary Steven Mnuchin. Mnuchin telling lawmakers during a hearing before
the House Financial Services Committee that a primary reason for the delay is
due to counterfeiting issues and no new imagery will be unveiled until 2028. With
the Fox Business Report, I’m Hilarie Barsky.
