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Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.
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politics lead
Rep. Paul Ryan: We're not getting straight answers on IRS
One flashpoint at Friday’s House hearing on IRS targeting of conservative political groups seeking tax-exempt status occurred between acting agency chief Steven Miller and Republican Rep. Paul Ryan.
The Wisconsin Republican and former vice presidential nominee was frustrated that Miller, who was briefed on the controversial IRS practices last May, failed to mention it in subsequent letters to Congress and in hearing testimony just two months later.
"How can we not conclude that you did not mislead this committee?" Ryan asked Miller at Friday's Ways and Means Committee hearing.
FULL POST
pop lead
Jewel heist in Cannes
This week, celebrities are the most riveting sight on the Riviera, and they are bejeweled by the biggest baubles. All that bling turned out to be an irresistible target for thieves, as actors and actresses at the Cannes film festival discovered last night, when under cover of darkness, those diamonds disappeared
A jewelry heist on the French Riviera? Sounds just like the plot of Hitchcock's 1955 classic "To Catch A Thief." But the jewelry company Chopard says the thief is no Cary Grant, managing to make off with less than $1 million worth of jewelry - small potatoes when you're talking diamonds in 2013.
"An employee of the Chopard house has been a victim of a robbery last night," Chopard spokeswoman Raffaella Rossiello. "There is currently a police investigation underway."
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national lead
Who knew what and when at the IRS?
Friday's hearing was only the beginning of congressional scrutiny over the IRS' actions, targeting conservative groups seeking tax exempt status.
Next week, the head of the department that approves tax exempt status, Lois Lerner, will testify before the House Oversight Committee. It appears she knew about the targeting almost from the beginning in 2010. But who else knew?
CNN's Erin McPike has the story, in the video above.
money lead
Analysis: Google has new products, but Apple still dominates
Google is going gangbusters, recently unveiling new products like a music streaming service and a revamp of its e-commerce technology "Google Wallet." Apple, the tech giant that once led the pack, suddenly finds itself accused of losing its innovative edge. Wall Street's love affair with Apple has cooled, its stock is down 40% from last year's high.
But there is no question that Apple still dominates, said The Street's Rocco Pendola.
"I've spent more money on Apple products than I have on my wife and my kid," said Pendola.
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national lead
IRS feet to the fire
Now the IRS knows what it's like to be on the business end of an audit. It was a withering appearance Friday before the House Ways and Means committee by Steven Miller, who walked the plank this week as soon-to-be-former acting director of the IRS.
Check out our wrap of the hearing in the video above.
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