May 23, 2019

Wells Fargo, TD Bank share Trump's financial records with Congress

Photo: Chip Somodevilla/Getty Images

Wells Fargo and TD Bank have handed over thousands of pages of President Trump's financial records to the House Financial Services Committee following a court ruling permitting them to do so on Wednesday, reports NBC News.

Why it matters: The banks are sharing Trump's financial information following a drawn out and ongoing battle between Congress and the administration. The ruling comes at a time when more Democrats are calling for impeachment investigations into the president. A judge ruled earlier on Wednesday that the public's interest in "maximizing the effectiveness of the investigatory powers of Congress" is more important than any damage that could result for Trump or his businesses.

Go deeper: Judge rejects Trump effort to block Deutsche Bank subpoena

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Mass shooting in Milwaukee: What we know so far

Milwaukee Mayor Tom Barrett in 2012. Photo: John Gress/Corbis via Getty Images

Six people died in a shooting at the Milwaukee Molson Coors brewery complex on Wednesday, including the shooter, Mayor Tom Barrett told reporters at an evening press conference with local police.

What's happening: Police said "there is no active threat" just before 6 pm ET, but noted the scene remains active. Police chief Alfonso Morales told reporters that officers have "more than 20 buildings we have to secure" at the complex and they do not currently have all employees accounted for, as more than 1,000 were at the complex during the shooting.

Go deeperArrowUpdated 17 mins ago - Politics & Policy

Trump assigns Pence to lead U.S. coronavirus response


President Trump announced at a press briefing Wednesday evening that he'll be putting Vice President Mike Pence in charge of leading the administration's response to the coronavirus.

The big picture: In the wake of a market sell-off and warnings from health officials that there's a real threat of the coronavirus spreading in the U.S., Trump sought to reassure the nation and Wall Street that the U.S. is "ready" for whatever comes next.

Go deeperArrowUpdated 1 hour ago - Politics & Policy

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