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Thursday, Apr 25th

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Here’s the Law That Requires Mnuchin to Turn Over Trump’s Taxes, or Lose His Office and Go to Prison

Steve Mnuchin has to turn over Trump tax returns

Donald Trump and his top White House aide declare that the administration will not give the president's tax returns to Congress, as required under a 1924 anti-corruption law. But both the Treasury secretary and the tax commissioner have been much more nuanced, saying that they will obey the law even as they delay actually doing so.

I know why Treasury Secretary Steve Mnuchin and Charles Rettig, the IRS commissioner, are so cautious. They don’t want to be removed from office and sent to prison for five years just for doing Trump’s bidding.

The reason will no doubt surprise those who think Trump can thumb his nose at the law governing congressional access to anyone’s tax returns, including his. It will for sure shock Trump, who claims that "the law is 100 percent on my side."

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Bed Bath & Beyond plans to close at least 40 stores this year but open 15 new locations

bed Bath & Beyond to close 40 storesBed Bath & Beyond will be closing and opening stores this year.

The New Jersey-based home goods retailer, which also operates Buy Buy Baby, Harmon Face Values and World Market, announced mixed results during its fourth-quarter call with financial analysts this week.

"We expect to open approximately 15 new stores in fiscal 2019. This will be offset by a minimum of approximately 40 stores we expect to close," Robyn D'Elia, chief financial officer and treasurer, said during Wednesday's earnings call. "This number will grow unless we are able to negotiate more favorable lease terms with our landlords."

D'Elia said most of the "planned closures are for Bed Bath & Beyond stores."

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Former Obama WH counsel Greg Craig indicted in charges connected to Mueller probe

Greg Craig indicted by Mueller probeA federal grand jury on Thursday indicted Greg Craig, a prominent Democratic attorney who worked for two presidents, charging him with making false statements and concealing material information in connection with work he performed for Ukraine in a case stemming from special counsel Robert Mueller's investigation.

Craig, 74, is the highest-profile Democrat to be indicted in a matter connected to Mueller's work, which resulted in charges against numerous Republicans tied to President Donald Trump.
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Ex-White House security clearance official to testify before House panel

Elijah Cummings' Committee to depose Carl KlineA former White House official accused of mishandling security clearances will appear before the House Oversight and Reform Committee on April 23 as part of its ongoing probe into the Trump administration’s security clearance process.

The lawyer representing former White House Personnel Security Director Carl Kline wrote in a letter to the committee Wednesday that he regrets the circumstances under which the testimony will occur but that his client will appear for the deposition later this month.

The committee voted along party lines to subpoena Kline on April 2 as part of the panel’s ongoing probe.

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ICE Acting Director Vitiello resigns after nomination withdrawal

Ron Vitiello resigns ICE post after Trump withdraws nomination Immigration and Customs Enforcement Acting Director Ron Vitiello resigned Wednesday, days after President Donald Trump withdrew his nomination to permanently head the agency.

Department of Homeland Security Secretary Kirstjen Nielsen announced Vitiello's departure, which comes three days after she revealed her own resignation.

"During his tenure leading ICE, Ron has been an unwavering advocate for the dedicated men and women who enforce our immigration laws and protect our nation from the illegal entry of drugs, human trafficking, transnational criminals, counterfeit goods, and so much more," Nielsen said.

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Fox Business issues correction for botched Trump approval poll

Lou Dobbs botched Trump approval number

The Fox Business Network issued an on-air correction Thursday after the network aired a poll graphic — later shared online by President Donald Trump — that incorrectly displayed the president's unfavorable rating as his job approval rating.

“It’s been a quite start to the day for President Trump, though he did send out a tweet this morning from the Lou Dobbs show last night on Fox Business," Washington correspondent Blake Burman said on behalf of Fox Business. "That tweet featured a poll that was not entirely accurate, which Fox Business would like to correct."

TVNL Comment: What does 'not entirely accurate' mean?  Dobbs' poll numbers were totally accurate by a long shot.  They were either accurate or inaccurate.  Period.

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South Korea Overturns Abortion Ban After Nearly 70 Years

S.Korea overturns abortion banSouth Korea’s top court ruled Thursday that the country’s highly restrictive abortion law is unconstitutional and set a deadline for officials to lift the ban by next year, nearly 70 years since it was enacted.

Passed in 1953, the law bans most abortions except in the cases of rape, incest and the life of the mother. It also punishes women who receive abortions, as well as doctors who perform the procedure. In the select cases where abortions are allowed, the woman must seek her spouse’s permission.

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Michael Avenatti charged in 36-count federal indictment

Michael Avenati indicted on 36 counts A federal grand jury has indicted attorney Michael Avenatti on 36 counts of fraud, perjury, failure to pay taxes, embezzlement and other financial crimes, the U.S. Justice Department said Thursday.

The indictment said Avenatti stole millions of dollars from five clients through a group of shell companies and bank accounts to make it more difficult to track.

A hearing was set for 9 a.m. PDT Thursday, when federal prosecutors will release more information in the case.

The victims in the case include a mentally ill paraplegic who won a $4 million settlement against Los Angeles County. Avenatti is accused of having the money wired to him and hiding it from the victim for years. The charges say he used a similar method to steal $2.75 million from another client.

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Kim Jong Un Threatens to Deliver ‘Blow’ to the United States

Kim Jong Un threatens USKim Jong Un has threatened to deliver a “telling blow” against the U.S. if it continues to impose sanctions on North Korea. The leader's statement was a return to the more aggressive language he used to use before he and Donald Trump befriended each other at their two meetings.

In his first public comments stating North Korea’s position on the second U.S.-North Korea summit that collapsed without any agreement in February, Kim said he wants to create a self-supporting economy.

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