Bannon arrested by postal Inspectors on yacht off Connecticut coast; Tonight: Biden formally accepts Dem nomination for President; Trump attacks Biden in speech near Biden’s hometown; Trump refuses to denounce fringe group labeled by the FBI as a potential domestic terrorism threat;
The Lead with Jake Tapper
CNN
3.5 • 1.7K Ratings
🗓️ 20 August 2020
⏱️ 51 minutes
🧾️ Download transcript
Summary
Trump’s former WH strategist Steve Bannon charged with fraud; Bannon accused of using donations to pay personal expenses; Trump: Bannon’s arrest on fraud charges is very “sad”; Trump: Didn’t know much about Bannon’s wall fundraising; “sounded to me like showboating” & “I didn’t like it”; Louisiana Sen. Bill Cassidy tests positive for coronavirus; Dr. Anthony Fauci undergoes surgery for vocal cord polyp; Operation Warp Speed Chief predicts vaccine to be widely available sometime next year; Russia says coronavirus vaccine trials to move forward with 40,000 people; Detroit teachers authorize potential strike over COVID-19 safety fears; Aide: Biden’s speech will strongly criticize Trump but also be forward-looking and optimistic; Fmr. VP set to deliver biggest political speech of his life; CNN Special Report explores women’s rights, Saturday 10pm ET; Trump embraces conspiracy group QAnon because “they like me”;
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Transcript
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| 0:00.0 | Welcome to the lead I'm Jake Tapper and we begin today with the politics lead any minute now |
| 0:04.4 | President Trump will speak in Pennsylvania |
| 0:07.0 | attacking opponent Joe Biden on Biden's big day according to the preview released by the Trump campaign the president will accuse |
| 0:14.2 | Biden of selling you out and quote ripping you off it's a rather curiously |
| 0:19.6 | timed charge given that earlier today one of the men instrumental to President Trump's 2007 to |
| 0:24.0 | given that earlier today one of the men instrumental to President Trump's 2016 election |
| 0:26.0 | was arrested precisely for |
| 0:28.0 | ripping off supporters of the president's agenda. |
| 0:31.0 | Former Trump campaign CEO and White House Chief |
| 0:33.5 | strategist Stephen Bannon today busted on a yacht off the coast of Connecticut and |
| 0:38.9 | and yet another note of delicious irony, those doing the arresting were law enforcement officials with the U.S. Postal Service. |
| 0:48.0 | Bannen charged by federal prosecutors with conspiracy to commit wire fraud and money laundering, Bannon and three other men accused of orchestrating a scheme to defraud donors, taking more than a million dollars donated to the group, quote, |
| 1:01.0 | we build the wall. |
| 1:03.6 | It's a group that was supposed to raise money |
| 1:05.2 | to help build President Trump's border wall |
| 1:07.0 | with private funds after repeatedly |
| 1:09.2 | assuring the public that they would not take a quote |
| 1:11.5 | penny in compensation that was |
| 1:13.7 | prosecutor said today a lie the four men lined their own pockets |
| 1:18.8 | Bannon alone receiving hundreds of thousands of dollars for his own personal |
| 1:22.2 | gain allegedly perhaps not surprisingly this leaving hundreds of thousands of dollars for his own personal gain, allegedly. |
| 1:23.6 | Perhaps not surprisingly, this group of grifters were praised by President Trump's son, |
... |
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