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FBI Releases Surveillance Warrant; Sunken Boat to be Raised; Trade Could Hurt Growth. Aired 9:30-10:00a

Aired July 23, 2018 - 09:30   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


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[09:33:20] POPPY HARLOW, CNN ANCHOR: This morning, President Trump is on the attack after the FBI released a redacted version of its FISA application to surveil Carter Page. Of course, Carter Page is the president's former foreign policy adviser during the campaign. The warrant at one part reads, quote, the FBI believes Page has been the subject of targeted recruitment by the Russian government. This is a charge that Carter Page denied vehemently speaking just yesterday with our Jake Tapper.

Listen.

(BEGIN VIDEO CLIP)

CARTER PAGE, FORMER TRUMP CAMPAIGN ADVISER: This is so ridiculous, it's just beyond words, you know? It's a -- you're talking about misleading the courts. It's just so misleading. I've never been an agent of the foreign power in any -- by any stretch of the imagination.

(END VIDEO CLIP)

HARLOW: He did go on to concede to Jake that he had had meetings with Russians and meetings tied to the Kremlin, but said, look, that doesn't make me an adviser. The president argues Carter Page would have never been surveilled if it was not for the Steele dossier, which, of course, was in part funded by Democrats. But Republican Senator Marco Rubio sees it much differently, pointing to the fact that it was not just the dossier that the FBI used as evidence here.

Listen to Rubio.

(BEGIN VIDEO CLIP)

SEN. MARCO RUBIO (R), FLORIDA: Yes, I don't think they did anything wrong. I think they went to the court. They got the judges to approve it. They laid out all of the information, and there was a lot of reasons, unrelated to the dossier, for why they wanted to look at Carter Page.

(END VIDEO CLIP)

HARLOW: Laura Coates is with me now, our legal analyst and a former federal prosecutor.

I should note, Laura, how rare it is for an application like this to be declassified, even with redactions and release to the public. I think it hasn't happened in 40-odd years. Lay --

LAURA COATES, CNN LEGAL ANALYST: Well --

HARLOW: Yes, I was just going to say lay -- that and lay the facts out for us here in terms of how much this relied on the Steele dossier versus other evidence the FBI had.

[09:35:04] COATES: Well, one of the reasons you don't want to disclose information is because, remember, you're talking about surveilling American citizens. We all have our constitutional rights --

HARLOW: Sure.

COATES: And the court has always been very reluctant about what is the criteria that you need to actually have that sort of warrant and surveillance system apply to American citizens. So remember, James Comey (INAUDIBLE) talked about how up to his elbow with the width and the length and the height of a FISA application warrant for that very reason. So the idea that it's actually been declassified because of people trying to get the information is already very, very odd.

But what's contained in the actual document has largely been hashed out earlier in the summer and earlier in the year by the competing narratives between the Republicans and the Democrats with respect to, what was the basis? Was it a witch hunt? And, remember, this did not begin -- the Russia investigation probe did not begin, according to intelligence communities, with the dossier. It began with information about George Papadopoulos, who, in his own right, was talking and being importuned by people from Russia about getting information about a candidate. So it's about the chicken and the egg game. And by cherry picking where you wanted it to start, it fuels your narrative. But the accurate information is when it started with George Papadopoulos.

HARLOW: So, Laura, the fact that this -- this application to surveil, right, for a judge to sign off on the surveillance of an American citizen, Carter Page, it wasn't just approved by one judge once.

COATES: Right.

HARLOW: It was approved four times by four different judges, as they updated it with more information that they gathered as they were surveilling. And these were judges appointed by Republican -- three different Republican administrations. Significant?

COATES: Extremely, because one of -- one thing, it undermines the narrative this is a partisan witch hunt. It's Republican based and Republican-backed judges who were appointed by Republican presidents. Now, that in and of itself is not the most telling aspect of it. The most telling aspect of it is that they had to be renewed.

HARLOW: Right. COATES: And that every single step of having them renewed, you had to prove -- you had to get at there was some reason to surveil an American citizen. And at each point in time, the FBI would have had to come forward with information to say, look, what we told you we thought we would find, we did find. Or we have reason to believe there will be more information we will uncover through the surveillance and it had to be renewed continuously. And every single step, the threshold was the same. Is there enough reason for us to, in many ways, infringe on somebody's rights or privacy and have surveillance? And if they were able to prove it not, just once but four different times, that is telling that there was not a witch hunt or a partisan narrative. It was one that was based in substance.

HARLOW: And this is no easy thing to get a judge to sign off on?

COATES: No, not at all.

HARLOW: It's taken incredibly serious.

Laura, thank you for the expertise.

COATES: Thank you.

HARLOW: In a matter of minutes, we're watching this very closely, because in a matter of minutes, salvage crews are going to start raising that sunken duck boat out of that lake in Missouri. Next, hear from an inspector who says he raised safety concerns with this exact boat with the owners just a year ago.

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[09:42:08] HARLOW: All right, the death toll is rising in Canada as police investigate a mass shooting there overnight. Two people were killed, 12 others were shot after a gunman opened fire in a busy Toronto neighborhood. The gunman was also killed. Police say they're investigating a variety of motives. One of them does include terrorism. This as Toronto's mayor speaks out. Listen.

(BEGIN VIDEO CLIP)

MAYOR JOHN TORY, TORONTO: We were so used to living in a city where these things didn't happen, and as we saw them going on in the world around us, that we thought they didn't happen here or couldn't or shouldn't. And so that's why I say we shouldn't draw any conclusions.

But if you want me to draw one, with respect to whether we have a gun problem, I've said for some time now, going back months, you know, even to last year, I spoke at a forum convened by the federal government. We have a gun problem and that guns are too readily available to too many people.

(END VIDEO CLIP)

HARLOW: We do know that one of the victims is a young girl. At last check, she was in critical condition. Again, two dead, at least 12 injured. We'll keep you posted on developments. In just about 20 minutes, the Coast Guard will begin efforts to raise

that duck boat that capsized and sank near Branson, Missouri, last week, killing 17 people. This as we're learning not one of those victims was wearing a life jacket.

Our Kaylee Hartung joins us now in Branson.

Kaylee, thank you for being here.

Survivors say that they were told, yep, there are life vests. They're over there. But there's no need to wear them. Is that right?

KAYLEE HARTUNG, CNN CORRESPONDENT: That's right, Poppy. Survivors from this duck boat tragedy telling us that the crew said the life jackets are just above your head, held on by a snap, but don't worry, you won't need them. Listen to how survivor Tia Coleman described that exchange.

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TIA COLEMAN, SURVIVOR/LOST 9 RELATIVES IN ACCIDENT: The captain did say something about life jackets. He said, above you are your life jackets. There's three sizes. He said, I'm going to show you where they are, but you won't need them, so no need to worry. So we didn't grab them.

(END VIDEO CLIP)

HARTUNG: Last Thursday, Tia Coleman lost nine of her family members, including her husband and her three children when that duck boat capsized and sank right here in Table Rock Lake amid near hurricane- force winds, Poppy. That salvage operation set to get underway shortly. Though investigators tell us it could take a while. This boat, 80 feet deep in the lake.

HARLOW: Now -- we're looking at these images of Tia there with her family members. Nine family members lost, including three of her children. It is -- I don't have words for something like that.

Of course, they're looking at now how this could happen, right? And earlier on "NEW DAY" we heard from a Missouri safety investigator who says he had some serious concerns about this specific boat last year. He inspected it?

[09:45:02] HARTUNG: He did. Ripley Entertainment, the owners of the Ride the Duck Branson boat company, asked this private inspector to take a look at the boat before they were going to purchase it. Listen to what he says he found.

(BEGIN VIDEO CLIP)

STEVEN PAUL, OWNER, TEST DRIVE TECHNOLOGIES: If you have the curtains down on the side and you obviously have the canopy on top of it, I think it's going to make it extremely difficult for passengers to escape. And back in 1999, when a similar incident happened in Arkansas, where the NTSB warned duck boat operators about the hazard. (END VIDEO CLIP)

HARTUNG: Last August, that private inspector telling Ripley Entertainment he saw reason for great risk with these duck boats. Difficult vehicles to inspect, given the situation you're looking at on land and in the water. He's also saying that if anything good comes of this, Poppy, he hopes that this regulatory process can be simplified.

HARLOW: Kaylee Hartung, thank you for the reporting there in Branson, Missouri. We'll keep you posted as they do begin to pull this boat out of the water.

Police have identified the man accused of a deadly three-hour standoff at a Trader Joe's over the weekend in Los Angeles. Authorities say 28- year-old Gene Evan Atkins shot his grandmother, then took her car and crashed it while trying to get away from police. They say he then ran into the Trader Joe's and held dozens of customers hostage for hours. Melyda Corado, an employee at the store, died during that incident during that standoff. He is being held on a murder charge right now, His bail was set at $2 million. Corado's family and friends held a vigil last night for her, lining the streets with flowers, candles, and, of course, Trader Joe's t-shirts.

The longest-serving CEO on Wall Street, ahead, has a message for President Trump, be careful or trade wars could derail the economy.

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[09:51:22] HARLOW: It's not often that you get to sit down with the longest serving CEO on Wall Street who's pretty candid about exactly how he feels on a number of key issues, trade wars and tariffs among them. Just one of many important topics that we have in a new exclusive interview between our Christine Romans and JP Morgan's CEO Jamie Dimon.

Thank you for being here.

CHRISTINE ROMANS, CNN CHIEF BUSINESS CORRESPONDENT: Sure.

HARLOW: He answers questions pretty directly.

ROMANS: Yes, he does.

HARLOW: And you talked to him about a lot of stuff, including how he feels about this administration on trade. And I thought it was interesting this morning Axios was reporting two senior White House officials they say they have received the most complaints from Republican incumbents and candidates about the president's tariffs and about trade.

ROMANS: Look, on trade, the president is going with his gut here, that he feels like the United States has been ripped off for many, many years. And he's going at it against Europe, against our allies, against Mexico, against Canada, and against China. And Jamie Dimon, the JP Morgan Chase CEO, said the president's strategy is all wrong. (BEGIN VIDEO CLIP)

JAMIE DIMON, CEO, JP MORGAN CHASE: The way to look at trade, the president has raised serious issues that are pretty accurate around China that need to be fixed. We want NAFTA done. I think Mexico is wonderful neighbors. We want NAFTA done. And, you know, to be torturing Mexico this way, in my opinion, is dead wrong and it should be fixed.

We thought that what the president should do is work with Mexico, work with Canada, do TPP, work with our European allies and our Japanese allies and go to China with a common front, not against them --

ROMANS: Right.

DIMON: But this is the way the modern world should deal with trade, or particularly around IP, state owned enterprises and all these various issues.

Now we have kind of a little bit of a trade war, trade skirmish, however you want to define it, with our allies and China. So if somehow the president's team did a great job, you know, maybe we'll have a great outcome. But I would remind folks, the president's team has already said there would be no retaliation.

ROMANS: Right.

DIMON: They've already been wrong. If you do another $200 billion of tariffs and this national security thing about cars, I think that you're getting pretty there close to having reversing some of the benefits that we've seen in the economy.

ROMANS: Trade advisers to the president and the White House tell me with great confidence that the economy is so strong and this is exactly the time for them to be addressing these issues with China and with Europe and, you know, and bringing back steel jobs. Do you buy that, that it's so strong this is --

DIMON: No, I don't buy that, and I'd be a skeptic. I think there's a -- it's an argument after the fact. I think you should do the right thing in trade, whether the economy is strong or not.

(END VIDEO CLIP)

ROMANS: You know, Poppy, he says the economy is strong. And I asked him about wages. I said, but, hey, how come we're not seeing the wages grow? And he said, that's coming. In fact, he sees it already in the pipeline, that wages are going to start to be doing better.

But, you know, the recovery is uneven. We were there in Chicago where JP Morgan Chase was making an investment into an Entrepreneurs for Color Fund (ph), to put money into west side and south side small businesses to try to, you know, bridge that financing gap for them. So, you know, it's not perfect. And he says the trade issue could really derail some of the progress.

ROMANS: Well, it's interesting, I think this is like a 4, 4.5 -- a big investment, right?

ROMANS: Yes, $4.5 million. Yes.

HARLOW: A $4.5 million investment. They did the same thing a few years ago in Detroit. They're re-upping that money --

ROMANS: Yes.

HARLOW: Saying government can't do all of this business. Have to just step in.

ROMANS: Detroit was so successful. That's why they're taking it city to city.

HARLOW: You asked him what keeps him up at night. I'm interested in what he said.

ROMANS: And I was surprised because we had talked about trade, we had talked about immigration. But JP Morgan Chase is spending hundreds of millions of dollars a year on one thing in particular, the thing that really keeps him up.

(BEGIN VIDEO CLIP)

ROMANS: What keeps Jamie Dimon up at night?

DIMON: Well, first of all, the most important thing -- and the government's saying it's cyber. Cyber, cyber, cyber, cyber. It is a national risk. We spend a lot of money and we're very protected, but this is a big deal. We don't have the proper laws for it. We don't have the proper international laws, the proper sharing laws. There's a lot to be done by government and by business to protect itself against cyber and broad -- broadly (INAUDIBLE). Like everyone in business has got to be concerned about this.

And then policy. I mean we spoke largely about policy. Like, we need proper policy. We need proper policy properly executed or we're not going to help these kids in high schools. We're not going to build the bridges we need and the tunnels we need. We're not going to get the jobs we need, you know.

[09:55:09] And if we don't have proper policy, you know, America's so strong it will muddle through but it won't muddle through in the way that we're all really proud of this place. And we certainly won't eliminate income inequality.

ROMANS: Yes.

DIMON: You want to get -- you want to start eliminating that, have the wherewithal to do my negative income tax. Have the wherewithal to build the bridges. Have the wherewithal to do these -- educate the kids. And, like I said, it's got to be collaboration. So, to me, the biggest thing is policy.

(END VIDEO CLIP) ROMANS: Infrastructure, he talked a lot about, and education. He said, we need to treat education -- public school education in this country like it's World War II or like we're trying to fix polio or smallpox.

HARLOW: And he's been saying that for so long.

ROMANS: I know.

HARLOW: And you can sense his anger and frustration that not more has been done.

ROMANS: Yes. Yes.

HARLOW: Thank you, Romans.

ROMANS: You're welcome.

HARLOW: It's a great interview.

ROMANS: Thank you.

HARLOW: You can see all of it on --

ROMANS: Yes, all on -- it's all on cnn.com and CNN Money.

HARLOW: All right, so, ahead for us, President Trump with a new and explosive warning to Iran, threaten the United States and it will be met with dire consequences. We're following it next.

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