5 things you need to know now
5 things you need to know now
  • Rudy Giuliani says 'truth isn't truth'

  • Report: Michael Cohen investigated for bank fraud with $20 million loans

  • Weinstein accuser Asia Argento settled her own sexual assault allegation

  • Trump's team knows little of what White House Counsel McGahn told Mueller

  • Crazy Rich Asians tops weekend box office

Those who say President Trump should testify for Special Counsel Robert Mueller's investigation "because he's going to tell the truth and he shouldn't worry, well, that's so silly, because it's somebody's version of the truth — not the truth [itself[," Trump's personal attorney, Rudy Giuliani, said on NBC News Sunday. "Truth is truth," Meet the Press host Chuck Todd interjected. "No," Giuliani replied, "it isn't truth. Truth isn't truth." After a moment of crosstalk and protestation, Todd observed Giuliani's phrase "is going to become a bad meme." While Trump himself has at times expressed eagerness to testify, his legal team has been wary of permitting it, with Giuliani alleging Mueller is attempting to trap Trump in perjury.

Source: NBC News, The Hill

Federal investigators are looking into whether Michael Cohen, President Trump's former lawyer and fixer, committed bank and tax fraud when securing more than $20 million in loans and if he violated campaign finance laws when arranging financial deals with women who said they had affairs with Trump, several people familiar with the matter told The New York Times. Two people said the probe is in its end stages, and prosecutors are mulling filing charges by the end of August. Investigators are trying to figure out if Cohen misrepresented the value of his assets in order to obtain loans from two banks for his taxi business, and if he failed to report income from that same business to the IRS, the Times reports.

Source: The New York Times

In November 2017, a lawyer for actor and musician Jimmy Bennett contacted Italian actress and director Asia Argento, asking for $3.5 million in damages related to a traumatizing sexual encounter in 2013, The New York Times reports, citing documents related to legal a settlement. Argento agreed to pay Bennett $380,000 over two years. Bennett was 17 and Argento was 37 when they had sex in her hotel room in California, the documents say. The age of consent in California is 18. Argento is one of the women who say Harvey Weinstein raped her, and she is a prominent voice in the #MeToo movement. The two actors met when Bennet, then 7, was cast as Argento's son in a 2004 movie. The agreement did not include a nondisclosure clause.

Source: The New York Times

President Trump's lawyers basically have no idea what White House Counsel Don McGahn shared with Special Counsel Robert Mueller's team during 30 hours of interviews, people close to Trump told The New York Times on Sunday. McGahn's lawyer only gave them a sliver of what he told investigators, two people told the Times, and now Trump's advisers are worried McGahn gave a lot of information that will end up in Mueller's ultimate report. On Sunday, Trump's lawyer Rudy Giuliani admitted he didn't know much about what McGahn had told Mueller's team, and Trump went on a Twitter tirade, claiming he "allowed" McGahn to speak to investigators because he has "nothing to hide."

Source: The New York Times, The Week

Crazy Rich Asians beat shark movie The Meg to take top spot in its opening weekend, bringing in $25 million in the U.S. box office versus $21.2 million for The Meg and $13.6 million for the No. 3 film, Mile 22. Crazy Rich Asians is the first romantic comedy in three years to win at the box office and the first major Hollywood film with an all-Asian cast since The Joy Luck Club in 1993. The film had brought in $34 million in five days, easily recouping the $30 million it cost to make. The Kevin Spacey-helmed Billionaire Boys Club fared considerably worse, taking in $126 its opening day on Friday and $162 on Saturday.

Source: BBC News
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