room. thank you for staying with me. the president today steering the trump tower meeting story in another direction again. this tweet from the president earlier today. fake news reporting a complete fabrication that i am concerned about the meeting my wonderful son, donald, had in trump tower. this was the meeting to get information on an opponent, totally legal and done all the time in politics and it went nowhere. i did not know about it. if you missed the new information it is the part where the president admits the purpose of that meeting. and it's not the story line that he has stood by all along. president trump says that meeting was to collect political dirt on his opponent. not the adoption of russian children that trump jr. threw out there in a statement known to have been dictated by the president. our white house correspondent is near trump's resort. facts are fact.

this is not a small distinction. how are the president's people explaining this today? >> reporter: president trump and his attorneys are making the case that nothing inappropriate or illegal took place during this meeting suggesting that yet again collusion is not a crime. it really is a shift from the president and his legal team. recall that a few months ago the president said that to the best of his knowledge no one that he knows knew anything about russia. of course, what you pointed out in the tweet is the shift not only in the apparent nature of that meeting but also the splan uatisplan -- explanation. initially we heard it was about adopting russian children. as sources indicated later this was actually about gather political dirt on hillary clinton laid by some of donald

trump jr.'s e-mails. cnn and others pressed on the president's legal team to find out whether the president was involved in the crafting of that explanation of the adoption story. they denied that until it was revealed that the president dictated that statement himself. it was admitted on a sunday morning talk show that he was wrong when he made that explanation. >> i made a mistake in my statement. i talked about that before. that happens when you have cases like this. i think it is very important to point out that in a situation like this you have over time facts develop. that is what investigations do. >> reporter: facts develop. in that tweet he dismisses new reporting by cnn, sources telling us that the president is growing increasingly concerned that the russia probe may lead

to serious troubles for the family. sources indicate that the president has become agitated and increasingly aggressive in his attacks because of those concerns. >> thank you. joining us now cnn political analyst and congressional reporter for the washington post and cnn legal commentator and former trump white house lawyer jim schultz. i want to start with you because you were part of the white house attorney team when the president's personal attorney says he had bad information. is that code for my client wasn't being honest with me? >> i think all of this evolved. let's go back for a second. that was at a time during the campaign when uranium 1 was front and center. what uranium 1 did was give to the russians a significant amount of uranium production, the largest in the world.

at the center of that is contribution to the clinton foundation. and tangental to that an approval by the department of state led by hillary clinton. the fact that someone was trying to get information about hillary clinton and her tie to the russians or dirt on her campaign during a heated campaign is nothing new. the president is right about that. that happens all the time. >> i'm talking about the statement that was misleading that the president didn't have anything to do with which turned out to be completely untrue. and now we hear jay seccialo say he dictated that statement. i had bad information the first time around. that is what i'm referring to, what he said about that meeting and the president's knowledge of the meeting and the statement that came out after we all learned about the meeting just last year. >> he said what he said. he said he had bad information

and the story evolved over time. that happens during the investigations. >> he could have asked the president himself did you have anything to do with this statement. the president would have told him an answer. he's his attorney. >> maybe he got ahead of it. we don't know what the discussions were. they were privileged conversations between the president and his lawyer. >> cnn and "washington post" are reporting that trump is becoming increasingly worried about how much exposure his son could have in the russia probe. that is why he has been so anxiously over the last few weeks lashing outgoing as far as to say attorney general jeff sessions should shut down the mueller investigation. the question i have is why now. >> don jr. is the inner circle. it's trump's son. it is different than saying his lawyer or fixer or somebody else

in the operation you can dismiss as having more of a big player than your son and has the a fairly close relationship with you. don jr. has been at the center piece of this chapter. i think it is indicative that the president is changing his story to match what we have been reporting which is that the purpose of the meeting was to get dirt on hillary clinton. now this back and forth and i agree that it is difficult to know what conversations were had with the president before delivering his initial television appearances in which he discussed that meeting. if he did have conversations with the president, remember this has been in the news for over a year and it happened a year before that. we are talking about establishing what occurred in the past, not necessarily a developing story. it has been scrutiny that began in 2017 with the reports that revealed that this had been going on and don jr. put out his e-mail chain.

clearly there is not a satisfactory -- there hasn't been a satisfactory completion on the record which is why you see the president at war with the media and endorsing the reporting that has been out there for months. >> i want to play a clip from comedian who predicts what we are learning today. >> they will be like there was no meeting. there was a meeting, yes. but no russians. one russian. there was one russian. i misspoke, three russians. five russians were at the meeting. there was eight russians at the meeting. it was just about -- we did not talk all the election. we talked about the election, but no collusion. there was collusion. but no criminal collusion.

is it such a crime? >> that would be a lot more funny if it wasn't so close to the truth. if there was nothing illegal about the meeting why has the administration changed its story so many times? >> i think they talked about what precipitated the meeting. the story has been out there that the meeting involved gaining information relative to hillary clinton as it related to the campaign. the fact that what may have precipitated the meeting, who may have called the meeting, why they may have called the meeting certainly evolved into something more than that. >> white house aides told cnn that they are trying to plan more rallies so he doesn't dwell on the russia investigation. how concerned are those close to him about his moods right now? >> the president displays his

mood changes through tweets often enough. it is also campaign season so it makes sense the president would want to go out and campaign for republicans that are running for various congressional races. it is where he is comfortable, doing the rallies. if -- the point is to keep him distracted. the president has felt free enough to comment in speeches, in between speeches through his twitter profile. as long as there is something going on the president doesn't seem like he is able to take his eyes away from that especially heading into a phase talking about whether the president will sit down with the special counsel. it is still a present question and issue for him. when it is he lets his opinions and thoughts of the moment be known whether in front of a live audience or to the millions of followers online. >> now to something else rudy giuliani told the "washington post" about the president saying with his great feel for public

opinion and how to deal with it he has the sense about what would work and what to say. he determines the public strategy and we get his approval and input for the legal strategy. can there be a public strategy and legal strategy or do they need to be one and the same? do they need to have cohesive strategy? >> there certainly needs to be consistency between what you are saying on the legal side and what you are saying publically about the things going on on the legal side. there needs to be consistency between the president and his lawyers and surrogates. that is very important. to say that the president -- they they are trying to distract the president, this is campaign season. he is going to places where he is popular. he was in my home state last week for congressman who is running for senate against bob casey and had a large successful rally there. i think it is silly to say that they are just trying to distract

the president. the president is a busy person. part of being president is being political and supporting republican candidates across the country. that is just what he is doing and doing it successfully. >> thank you, guys. the hum of harleys, the glint of chrome. we are talking politics. >> the fan of the president. you think he is doing a good job? >> he is doing better than obama did. >> bill weir is at the biggest rally in the world. science papers. >> tech vo: this teacher always puts her students first. >> student: i did mine on volcanoes. >> teacher: you did?! oh, i can't wait to read it. >> tech vo: so when she had auto glass damage... she chose safelite. with safelite, she could see exactly when we'd be there. >> teacher: you must be pascal. >> tech: yes ma'am. >> tech vo: saving her time... [honk, honk] >> kids: bye! >> tech vo: ...so she can save the science project. >> kids: whoa!

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and i became president and they didn't meaning you became president. and it is driving them crazy. >> president trump doing what he does best, playing to his base, rehashing his election victory. how do voters feel in states that trump carried in 2016? bill weir travelled to south dakota to gauge the political temperature and feelings about the president at the world's largest motorcycle rally. you were there hanging out with half a million bikers. what are you hearing? >> reporter: it's a fascinating place to get into the mind of the passionate trump supporters. the national discourse has changed since then. i thought this would be a great place to hear from the supporters and understand why they are so passionately

supportive of this president even to the tune of turning over on brands like harley davidson that they love so much. here you go, a little sample of the rally, the politics of it all. they rumble in from all points of the compass and for one week this town of 7,000 explodes to half a million. this is one city that looks nothing like the rest of america. you can go hours without seeing a person of color. in sturgis a minority is a white guy on a foreign bike. there are no debates over gun control here or the ethics of the me too movement. there is no doubt who is the leader of this pack. >> are you a fan of the president? >> he is doing a lot better than obama did. >> reporter: this ghost rider reveals himself as a postal worker who rides up from kentucky each year. like so many i talk to sees

proof of trump's brilliance in the booming economy. sglits rr the trump economy. people are feeling so good. >> reporter: the owner of the buffalo chip and says campers earn an average income of $95,000 a year. >> lots of people own multiple motorcycles. >> we have a tattoo parlor, food, pizza, anything you want. >> reporter: do you have a jail? >> we don't need one. >> reporter: violence and arrests are rare for a crowd of this size. most folks share the same values and those that don't keep it to themselves. i see a microcosm for the whole country. i get the feeling sometimes that people that don't believe in what is going on is right become very quiet. >> i think there is a lot of hypocrisy because i feel like

everybody wants freedom and rights but god forbid somebody disagree with you because then you get your head bitten off. >> reporter: the president aimed his twitter at harley davidson even though they got a huge tax break the company shut down the factory in kansas city, laid off hundreds of workers and said because of the tariffs they would have to start production in a new country overseas which begs the question, is this the ultimate loyalty test for his base? do these folks pledge allegiance to the president or harley davidson? >> i will have to go with what will make america better. if harley wants to go somewhere else then i choose to buy different bikes. >> i think he is doing a wonderful job. >> reporter: despite disdain for my profession they could not be nicer. do i strike you as an enemy of the people? >> not at all. >> reporter: it is obvious that no amount of earnest reporting will change their minds. >> if you look at russia and the

mueller investigation there is a lot of red flags and dark clouds. >> that is usually pretty loud. if you look at the clintons how come they can do things and no one else can? >> i'm old enough to remember when the base loved harley davidson and hated russia. it seems like it flipped a little bit. >> i don't think there is reason for him to call him out. you should try to be friendly with everyone. >> reporter: even vladimir putin, a dictator? >> he met with kim jong-un, as well. >> touch me. >> reporter: back downtown our presence sparks a debate between fox news fans from texas and bonnie from nebraska. >> they don't know what they are talking about. >> i watch both. >> reporter: which proves we

live in a media age where people can choose their own facts. >> i have a friend who is very much -- i go -- >> i agree with you. no problem. >> everybody has their own opinion. >> it's true. >> as long as you don't start shooting at each other. >> reporter: then the heckling is interpreted by a hero falling from the sky, sergeant bowman who lost both legs in a mid air collision. he lands with old glory and just for a moment it feels like we are all in this together. there was some good natured bantering. this is a fiercely loyal, fiercely defiant group of people. and the president has figured out how to push their buttons with politics of demonizing the

other. i would like to think that a more obvious attack on the country than one that happens in cyber space would bring people together the way it happened after 9/11. people are living in alternate realities. this america is very different from what people are experiencing in bigger cities around the country. we can only hope and pray that it heels instead of splits. >> you have such interesting discussions. it's so important to hear their perspective. thank you for sharing their stories with us. as we wait to learn whether president trump will actually sit down for an interview with the special counsel, we are hearing from one lawyer who knows exactly what it is like to depose donald trump. his account next. art sales. build attendance for an event. help people find their way. fastsigns designed new directional signage. and got them back on track. get started at fastsigns.com. and got them back on track.

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five people are dead after a small plane crashed into a parking lot in southern california. the twin engine cessna was on its way to john wayne airport when it went down in santa ana near this busy shopping mall. officials say it is a miracle no one on the ground was hurt. the plane did hit a parked car. the officials say the owner was inside the store at the time of the crash. the ntsb is investigating. he keeps claiming he wants to, but soon we may know whether president trump will sit down with special counsel robert mueller. his attorney rudy giuliani told politico a decision could come within a week or so. the decision on answering a question about what that might be like, what is the president going to say? one guy who has deposed donald trump in the past spoke to our

randi kaye. >> reporter: he was like a pot that started off and then simmered and then the pot was boiling and boiling. then we got towards the tail end of the deposition. that's when the pot boiled over. >> reporter: attorney is talking about donald trump. he deposed him long before he was president in a case involving imminent domain back in the 1990s. trump was claiming imminent domain to take possession of an elderly widow's home so he could use it as a parking lot for his casino's limousines. how would you describe him? >> donald was the donald that you see now. he walks in. he wants to take over and make the deposition his deposition even though it is mine. he tries to control the questioning. >> reporter: he says trump tried

to come off confident but his emotions gaut be s got the best >> he is calling me a third-rate lawyer. i thought it was pretty good because it meant that after almost two hours i had gotten to him. >> reporter: how would you describe his technique? >> we call it a nonresponsive answer. he will add things on. he will make self-serving statements. he will shuck and jive. if i ask donald a question, what time is it he would probably tell me how to build a clock. he was grossly unprepared or he was just deliberately being evasive. what he was doing at least in the deposition was saying that he delegates everything to everybody else. >> reporter: in fact, trump responded with i don't know more than a dozen times during the deposition, often saying ask my representatives and it's called

delegation. i have some very good people. >> the problem is trying to figure out are the answers a deliberate lie or are they a product of someone who is indifferent to the facts or indifferent to what he signed and therefore there was no intent. >> reporter: what surprised the lawyer most was trump's request to go off the record moments before he fired his own lawyer. in his 46 years practicing law he has never seen anyone do that. >> he wants to talk to me while his lawyer is sitting there like a potted plant. >> reporter: he says trump wanted to make a deal and settle the case but he refused. in the end trump lost. >> he is like an animal in the woods. he has been through plenty of depositions. if you approach him the normal way he will pick up the scent and understand that he has to be careful about what he says because he is no dummy.

>> reporter: randi kaye, cnn, palm beach florida. if you didn't think u.s. russian relations could get any stranger, enter steven seagal. what the russians hope to get from his latest role next. in fact, drivers who switched from geico to esurance saved an average of $412. that's auto and home insurance for the modern world. esurance. an allstate company. click or call. paying too much for insurance that isn't the right fit? well, esurance makes finding the right coverage easy. in fact, drivers who switched from geico to esurance saved an average of $412. that's auto and home insurance for the modern world. esurance. an allstate company. click or call.

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. with all the focus on the russia probe the kremlin has appointed a new envoy to focus on relations with the u.s. that job apparently calls for an action hero. matthew chance is here to explain. >> this extraordinary new role for steven seagal will try to

deepen ties. there is no indication given as to how he will do that or what appetite there is on the u.s. side to engage in this way with the hollywood actor known for his prowess in the field of martial arts. it may be his -- his direct movies like this one driven to kill about a russian mobster suddenly popular. the actor's latest role as a diplomat seems strangely out of character, but the friend chp between seagal and russia's real life tough guy vladimir putin has been long standing. the russian leader awarding him

a passport in 2016 after seagal had asked according to russian officials. heaven taking to the stage in 2014 in a charity concert which he hinted at this possible diplomatic role. >> my greatest desire is to bring russia and america together. music is the language of the gods, the one language that all people understand. >> reporter: bringing himself together with authoritarian

leaders. he has been involved in facilitating u.s. russian contacts, too. in 2013 he says he played a role in bringing the u.s. congressional delegation to russia in the after math of the boston marathon bombing. >> i knew about that meeting before they did. that's the truth. >> reporter: the russian foreign ministry likens the new role to that of a u.n. good will ambassador adding that the martial artist turned actor turned diplomat will receive no salary for his contribution. he has issued a statement which has been cited on the kremlin-backed television i have worked tirelessly in this direction for many years unofficially, the statement

reads. now i'm really grateful for the opportunity to do the same thing officially. back to you. >> thank you. so from warmer ties with russia to a ferocious war with the media, president trump doubling down on calling the press the enemy of the people. is he putting the safety of journalists at risk? -we're in a small room. what?! -welcome. -[ gasps ] a bigger room?! -how many of you use car insurance? -oh.

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dangerous, sick, the enemy. president trump making a stunning new attempt to strip away the media's legitimacy. today he tweeted the fake news hates me saying that they are

the enemy of the people only because they know it is true. i am providing a great service by explaining this to the american people. they purposely cause great division and untrust. they cause war and are very dangerous and sick. i want to bring in brian. on your show you talked about a death threat you received, a caller said she is going to shoot you and don lemon and saying trump supporters are racist. >> stage college pennsylvania, don, you are on the air. >> good morning. it all started when trump got elected. don lemon from cnn call trump supporters all racists. they don't even know us.

they don't even know these americans out here and are calling us racist because we voted for trump? come on. give me a break. they started the war. if i see them i'm going to shoot them. >> that is so disturbing. god forbid there is violence against journalists do you think the president feels like his words would have an impact and any sense in what role he may have in it? >> i think on one level there has always been lunatics out there making threats to news rooms. the difference is there are a lot more of those threats and calls, e-mails and tweets coming into news rooms. it is partly because he has created this atmosphere of hatred of the media. he has ratcheted the volume up in a really loud way. i think that call to c span is a

tiny illustration of what news rooms are grappingling with. there are journalists that get far worst threats than i get. unfortunately, if you are a roam in journalism you get much more severe threats. people at fox get threats, too. this is a problem throughout journalism. i think that call is an illustration that this kind of thing happens. it is just happening more often in the trump age. >> that whole idea of enemy of the people, calling american journalists dangerous and sick and talking about war. with all of that rhetoric, it does stir emotion and passion in people. you just never know. kellyanne conway was asked about this tweet today. here is how she handled it. >> i think the president's entire point is this, that we do have a news media that includes some reporters. this should not be a broad

brush. i said that before, his daughter said it last week. i know he believes it is not all. that is why he said it really refers to those who aren't always telling the truth and giving emotion over information who are talking more about their o theirotheir o own egos. >> trump talks for trump. they are trump followers. do you think her doing cleanup, does that make a difference? >> it is notable that ivanka trump said journalists aren't the enemy. it is notable melania trump broke with her husband talking about lebron james. three women are distancing themselves from trump rhetoric. ultimately trump speaks for trump. essentially it is white house policy since sarah huckabee

sanders didn't refute it the other day. he is saying it over and over again in ways that raise temperature in alarming ways and today saying sick, dangerous. these are dehumanizing words, the kind of language he uses to describe immigrants, trying to strip away humanity and legitimacy. >> commentators on fox news have seemed to encourage this battle with the media. all etc. let's listen. >> your mainstream destroy trump media has constantly tried and failed to sink the trump presidency. >> the president is up against completely biassed media. >> the president once again stood up to those in the media who want nothing more than to see him fail. >> you have people like chris wauls who are pretty hard core journalists and call out the president for attacks in the

media when he talks about fake news and he is not factual himself. >> it is a tale of two foxes. we see it on stories and issues like this. he loves to bash the media. it is bad in the long term. he is doing a disservice to the public when he doesn't frame this the right way. i think the framing for the media attacks is that the president has his back up against the wall. he is not doing this because he feels confident. he is doing this because he is on the defensive. look what you have been doing this hour. >> thank you very much. hard to believe, but it has been ten years since the financial crisis. a look back at the events that put the global economy on the brink from the big bank bailouts to bernie madoff. improve our workflow. attract new customers. that's when fastsigns recommended fleet graphics.

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welcome back. it was a decade marked by economic turmoil, scandals of enron and bernie madoff to the bank bailout, stock market crash. here's a preview offen tonight's brand new episode of the 2000s. >> democrats and republicans who opposed this plan i say step up to the plate. let's do what's right for the country at this time because the time to act is now. >> we failed to act. years of our economy will grind to a halt. >> this is the greatest market disruption that's happened since the crash of 1929. reality finally imposes itself on capitol hill. >> the motion is adopted. >> given a second chance, the

house did an about face easily passing the $700 billion bailout of the financial industry. >> there were moment this is week when some thought the federal government could not rise to the challenge. thanks to the hard work of members of both parties and both houses, the spirit of cooperation between capitol hill and my administration, we completed this bill in a timely manner. >> in the aftermath people criticized and that's fine. but the truth is if he hadn't been there and intervened, we never would have crawled out of that hole. >> they rescued the financial system. like it or not. you can wish all day long that they were gone down the tubes, but i really don't think we would have enjoyed that one bit. >> joining us now is william cohen, special correspondent for vanity fair and former investment banker himself. we just saw that clip where it

talks about the $700 billion bailout congress passed in 2008 to prevent the collapse of some of the biggest firms on wall street. how did we get to that point? where the global economy was on the brink of collapse and a bailout would stop it? >> well, it was a number of years in the coming. i mean it didn't just happen overnight. nobody rings a bell at the top. of the market and says it's all downhill from there. people were speculating on homes. people were getting mortgages who should never have had them. u.s. presidents bush and clinton had been pushing homeownership. the government had been pushing bank. s to make mortgages available to people who couldn't get them before. wall street was exacerbating all this. they were taking all these mortgages, packaging them into securities and selling them off as investments all over the world. that was where the cancer got

exported around the world and that's where things began to get really dangerous. >> just how close did we come to the financial system actually falling apart? >> look, it was very, very close to complete and total meltdown. i think we have never seen anything like that in our lifetim lifetime. we have to go back to 1929, 1930 to figure out anything remotely close to this. it was absolutely frightening. ien can't believe it was ten years ago. and we came close to the edge. >> public backlash against this bailout turned into a battle of main street versus wall street. people felt betrayed by the institutions they previously trusted. the american dream seemed no longer attainable to millions of people. what kind of impact did the psychological impact have on the country, do you think? >> i think it was very

short-term psychological damage. institutions that we once had a lot of faith in the banks, wall street were completely shattered. a lot of faith was lost in congress because they voted down the tarp the first time. and only passed it the second time. i mean, honestly, if you look at the economy now and the spirits that are raging now, i think it was sort of a short-term frightening and scary effect, but now ten years later i bet most people don't even remember it. most people who are young on wall street couldn't even tell you what had happened. >> what do you think et we learn and have we made the changes to prevent something like that from happening again? >> i wish i could say that we had, but we haven't. the main driver of bad behavior on wall street is the compensation system, what people get rewarded to do. people are pretty simple. they do what they are rewarded

to do. wall street is still rewarded to take big risks with other people's money. they are not rewarded to take prudent risks. we're going to end up in the same situation again. i'm afraid it's going to happen much sooner than anyone would like and it will be just as bad as the last one, if not worse. we need to change what bankers are rewarded to do so they are not reward ed ed to swing for t fences as if it were somebody else's money because it is as opposed to their own money where they will be prudent about their risk taking. that's the single biggest thing we should change if we want to change this kind of an outcome from happening again. >> does that need to come from congress? >> no, i mean, it's not something that should be legislated. it's something that can happen from real leadership on wall street. it's something that jamie dimon should be thinking about. real leadership on wall street would get this kind of thing

done. >> william cohen, thank you very much. stay tuned. a brnd new episode airs next here on cnn. that does it for me. thank you for spending part of your weekend with my. have a great week and a great night. the sub prime mortgage crisis left millions of americans to stay in their homes as wall street is feeling their pain. >> this is the biggest point drop that's ever been seen. >> what does that mean about the health of the american financial system? >> we're in the midst of a serious financial crisis. the federal government is responding with decisive action. >> they have been gamble iing w the house money for years and it's our job to bail them out? >> the largest swindle in wall street history. $50 billion ponzi scheme. e