What do you think? Leave a respectful comment.

News Wrap: Rick Gates takes the stand in Manafort case

In our news wrap Monday, the star witness in Paul Manafort's tax and bank fraud trial took the stand. Rick Gates testified that he hid foreign bank accounts and helped Manafort file false tax returns. Also, a manhunt is underway in Venezuela after an attempt to kill President Nicolas Maduro on Saturday. So far, six people have been arrested.

Read the Full Transcript

  • Nick Schifrin:

    The United States began reimposing sanctions on Iran today, as it promised to do when President Trump withdrew from the Iran nuclear deal.

    The first penalties to snap back target autos, aircraft, gold and other metals.

    In a statement, President Trump said Iran has a choice, "Either change its threatening, destabilizing behavior or continue down a path of economic isolation."

    Hours later, Iran's President Hassan Rouhani accused President Trump of hypocrisy.

  • Hassan Rouhani (through translator):

    The first step would be for President Trump to show that he genuinely wants to engage in negotiations to solve a problem. What's the meaning of negotiations when you impose sanctions at the same time? It's like someone pulling a knife to stab a rival or an enemy in the arm while at the same time claiming we should be talking and negotiating.

  • Nick Schifrin:

    We will talk to the president's national security adviser, John Bolton, after the news summary.

    In the trial of President Trump's former campaign chairman, the prosecution's star witness took the stand. Rick Gates testified he hid foreign bank accounts and helped Paul Manafort file false income tax returns. That was years before Manafort joined the Trump campaign. Gates was the campaign's deputy chair.

    We will discuss his testimony later in the program.

    A manhunt is under way in Venezuela, after an attempt to kill President Nicolas Maduro. So far, six people have been arrested. The attack came Saturday evening as state TV broadcast Maduro speaking in Caracas. Suddenly, two explosions, and bodyguards tried to shield Maduro.

    Nearby, hundreds of assembled troops scattered in fear. Venezuelan officials say drones carrying plastic explosives targeted Maduro. They blame conspirators in the U.S. and Colombia. Washington has denied any involvement.

    In Indonesia, the death toll reached 98 in Sunday's powerful earthquake on the resort island of Lombok, east of Bali. Rescuers today used everything from hands to heavy machinery to clear away debris. More than 13,000 homes are damaged, and tourists said they ran for their lives.

  • Man:

    We didn't get any tsunami warning at all. And then it was literally everyone started running to the hills, everyone followed each other, and then we slept on that mountain until morning, until daylight, and then everyone started going back down there.

  • Nick Schifrin:

    This was the second earthquake to rock Lombok just in the last week. The first one killed 16 people.

    Canada and Saudi Arabia faced off today in a diplomatic struggle. First, Ottawa criticized the arrests of Saudi women's rights activists. Riyadh expelled Canada's ambassador, and the Saudi Foreign Ministry warned against interference in its internal affairs. Canada's foreign minister responded that her government will always stand up for human rights everywhere.

    Back in this country,city leaders in Chicago are appealing for public help, after 11 people died in weekend shootings. Most of the violence was linked to gangs and targeted large gatherings on the West and South Sides. And at least 70 people were wounded.

    Today, police Superintendent Eddie Johnson implored residents to help identify the killers.

  • Eddie Johnson:

    Somebody knows who did it. They do. They know that. They hold me accountable. They hold the mayor accountable. You should be able to gather on your block and have a block club party without the fear of being gunned down. And it's the same individuals that continuously commit these crimes. Where's the accountability for them?

  • Nick Schifrin:

    The deadly shootings sparked protests, with people demanding the ouster both of Johnson and of Mayor Rahm Emanuel. In fact, last year homicides in Chicago actually declined from 771 to 650.

    A sprawling pair of wildfires burned across more of Northern California, becoming the second largest in state history. The Mendocino Complex Fire involves two fires burning within a few miles of each other. They have charred nearly 300,000 acres, destroyed 75 homes and force thousands to evacuate. Strong winds and temperatures over 100 degrees are fueling the fire.

    And on Wall Street today, the Dow Jones industrial average gained 39 points to close at 25502, the Nasdaq rose 47 points, and the S&P 500 added 10.

    Still to come on the "NewsHour": one-on-one with National Security Adviser John Bolton; a view from Iran, an economy in turmoil after the U.S. pulled out of the nuclear deal; how climate change is exacerbating the world's wildfires; and much more.

Listen to this Segment

The Latest