May 22, 2019

Nancy Pelosi: Trump is "engaged in a cover-up"

While leaving a closed-door meeting to discuss the issue of impeachment Wednesday, House Speaker Nancy Pelosi said Wednesday that House Democrats "believe the President of the United States is engaged in a cover-up."

"It was a very positive meeting, a respectful sharing of ideas. And I think a very impressive presentation by our chairs. We do believe it is important to follow the facts, that no one is above the law, including the president of the United States. And we believe that the president of the United States is engaged in a cover-up. A cover-up. And that was the nature of the meeting."

Why it matters: The decision by Trump to block former White House counsel Don McGahn from testifying before the House Judiciary Committee this has invigorated calls to launch impeachment proceedings, even from some Democrats who were previously hesitant to take it that far.

Go deeper: Which House Democrats are calling for Trump impeachment

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Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,251 people and infected almost 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

Go deeperArrowUpdated 1 hour ago - Health

Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.