5 things to know for October 16: Town halls, Covid-19, economy, Mueller, Brexit

For more than three years, federal prosecutors investigated whether money flowing through an Egyptian state-owned bank could have backed millions of dollars Donald Trump donated to his own campaign days before he won the 2016 election, multiple sources familiar with the investigation told CNN. CNN's Evan Perez reports.

Posted: Oct 16, 2020 2:41 PM
Updated: Oct 16, 2020 2:41 PM

What will winter weather look like in your area this year? It depends on how it's affected by La Niña, the climate phenomenon marked by cooler-than-average sea surface temperatures in the Pacific Ocean.

Here's what you need to know to Get Up to Speed and On with Your Day.

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1. Town halls

President Trump and Joe Biden held concurrent town halls on two different networks last night. In Trump's appearance, he continued to downplay the coronavirus and said, without evidence, that ballots with his name on them had been found in garbage cans. He also refused to condemn QAnon, the false conspiracy theory linking Democratic leaders with a satanic pedophile ring. When asked about his recent retweet of a claim that Osama Bin Laden isn't actually dead, he said "People can decide for themselves." Moderator Savannah Guthrie clashed with the President on several occasions, and told him his claims sounded like "somebody's crazy uncle." During Biden's town hall, the former Vice President discussed policies aimed at helping Black Americans in response to a question from a skeptical constituent. Biden didn't clarify his position on the push by some progressives to add seats to the Supreme Court, a notion known as court packing, but he said he would do so before the election.

2. Coronavirus 

The US is approaching 8 million cumulative coronavirus cases and averaging more than 50,000 new infections a day, a sign that the difficult winter so many health experts have predicted is already approaching. Former New Jersey Governor Chris Christie says he was in intensive care for seven days while he fought the virus. And, contrary to President Trump's claims about Covid-19, he said his experience should show that people need to take the situation very seriously. Meanwhile, a big global study by the World Health Organization concluded remdesivir, the experimental antiviral drug, has little to no effect on the recovery of hospitalized coronavirus patients. WHO called the results "disappointing."

3. Economy 

Senate Majority Leader Mitch McConnell has all but quashed the Trump Administration's hopes for a big stimulus proposal before election day. McConnell, who favors a pared-down approach to coronavirus aid, said he will not consider any stimulus package over $1.8 trillion. However, the ongoing stimulus stalemate is pushing more people into poverty. Stimulus measures in the early days of the pandemic helped bring the poverty rate down from 11% in February to 9.3% in June. However, continued economic woes have brought the rate back up to 11.1%. Jobless claims are ticking back up, too. About 898,000 Americans filed for first-time unemployment benefits last week.

4. Mueller investigation 

CNN has revealed the existence of a years-long investigation into whether money flowing through an Egyptian state-owned bank could have backed a donation President Trump made to his own campaign in 2016. The three-year probe -- which included a subpoena fight that went all the way to the Supreme Court  -- was kept ultra secretive, and could have had national security and diplomatic implications if revealed at the time. Federal prosecutors closed the investigation without bringing any charges, but its existence provides a new understanding of law enforcement's suspicions of foreign interference in the 2016 election. There are still unanswered questions, however, as Mueller's office and subsequent prosecutors never gained a complete understanding of the President's financial ties.

5. Brexit 

Trade talks between the UK and the European Union didn't go anywhere this week. The UK's government was hoping for an agreement by the middle of October so businesses could prepare for the final Brexit transition deadline at the end of the year, but that deadline has come and gone. The EU has offered to continue talks, but UK Prime Minister Boris Johnson may decide to walk away from the table instead. If he does, it could cost the UK's economy -- already floundering due to the pandemic -- $25 billion next year. A limited free trade agreement with the EU could mitigate some of that damage.

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Finally, the days of torturous, half-forgotten earworms are over!

Empty streets during coronavirus restrictions make spies' jobs harder, says MI5 chief

We bet you never even thought about this bizarre consequence. And we bet you can't stop thinking about it now.

TODAY'S NUMBER

>17 Million

That's how many people have already voted, according to official tallies, and Election Day is still more than two weeks away.

TODAY'S QUOTE

"Any wait time that exceeds this half-hour standard is an indication that something is amiss and that corrective measures should be deployed."

A 2014 report by a presidential election commission that recommended voters should never have to wait longer than 30 minutes to cast their ballot. Hours-long lines and technical difficulties mean millions will wait far longer than that this year.

TODAY'S WEATHER

Check your local forecast here>>>

AND FINALLY

A reverse mermaid sings "Part of Your World"

Have a great weekend, folks.

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Indiana Coronavirus Cases

Data is updated nightly.

Cases: 666516

Reported Deaths: 12726
CountyCasesDeaths
Marion912711659
Lake48687890
Allen36102644
Hamilton32445398
St. Joseph30306514
Elkhart25510420
Vanderburgh21326382
Tippecanoe20220205
Johnson16466363
Porter16068281
Hendricks15944302
Clark12060182
Madison11799323
Vigo11685234
Monroe10419164
Delaware9891179
LaPorte9831199
Howard9112201
Kosciusko8597111
Bartholomew7522147
Hancock7462134
Warrick7451153
Floyd7263173
Wayne6661192
Grant6462158
Boone616691
Morgan6129128
Dubois5936112
Dearborn551270
Cass5485100
Marshall5451105
Henry542995
Noble513178
Jackson465567
Shelby463391
Lawrence4195113
Gibson405185
Harrison403265
Clinton397553
Montgomery391684
DeKalb387478
Miami358263
Knox357885
Whitley351238
Huntington349477
Steuben340055
Putnam333960
Wabash333176
Ripley327962
Adams325449
Jasper319143
White298152
Jefferson296274
Daviess285996
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Decatur271688
Greene262680
Posey261432
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Scott251850
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Clay241644
Randolph226077
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Jennings216744
Washington213027
Sullivan203739
Fountain202842
Starke189951
Owen183654
Fulton179737
Jay178728
Carroll176919
Perry174036
Orange171451
Rush165622
Vermillion161543
Franklin159935
Tipton149541
Parke140216
Pike128533
Blackford120627
Pulaski107644
Newton96832
Brown95340
Benton92413
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Martin80314
Warren75914
Switzerland7558
Union67510
Ohio54211
Unassigned0427

Ohio Coronavirus Cases

Data is updated nightly.

Cases: 977736

Reported Deaths: 17501
CountyCasesDeaths
Franklin1129551251
Cuyahoga968561881
Hamilton738821067
Montgomery47506923
Summit40668831
Butler35827531
Lucas35779720
Stark29581826
Warren22574275
Lorain22190424
Mahoning19578551
Lake18545332
Clermont18519205
Delaware16597121
Licking15089194
Fairfield14644188
Trumbull14423424
Greene13659221
Medina13517237
Clark12376256
Wood11656170
Portage11127172
Allen10820216
Richland10372188
Miami10059194
Muskingum8238117
Columbiana8168210
Pickaway8094111
Tuscarawas8075232
Marion8020127
Wayne7933199
Erie6961146
Ross6173132
Geauga6114142
Hancock6030121
Scioto600488
Ashtabula5998154
Lawrence527586
Union516341
Darke5052116
Belmont4999137
Huron4859108
Jefferson4836137
Sandusky4798112
Washington474396
Seneca4734111
Athens466149
Mercer459781
Auglaize456582
Shelby442679
Knox4054105
Putnam400593
Madison395455
Fulton383161
Ashland382683
Brown374852
Defiance373788
Crawford360098
Logan357373
Preble353987
Clinton342455
Highland328451
Ottawa325371
Williams303568
Jackson291846
Champaign290949
Guernsey288845
Perry271148
Fayette269943
Morrow261437
Henry247861
Hardin247359
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Van Wert230157
Gallia223938
Adams218239
Pike217228
Wyandot212450
Hocking195054
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Meigs136031
Noble129233
Monroe117237
Morgan102120
Harrison100731
Vinton76613
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