Transcripts For CNBC The News With Shepard Smith 20220721

Putins invaders Boris Johnsons final speech to the british parliament. Remember, its not twitter. The two fighting to replace him. Hasta la vista, baby. 50,000 veterans disabled and get the snub from congress the money left out of the defense spending bill depriving them of retirement benefits. The law and order themed cooler linked to a deadly shooting on set. Wildfires rage across europe. And dont do it emmanuel the emu. Dont do it live from cnbc. The facts, the truth, the news with Shepard Smith well, the Housing Market has taken a major turn like everything else, the grocery store, at the gas station, at the mall, housing prices are soaring too but insult to injury, Mortgage Rates are way up and since theres a supply shortage, its just getting worse and worse. Goodbye, American Dream buying a house is now feeling less an attainable goal and more a distant fantasy. Look at the median sale price of a previous owned home, about 285,000 three years ago last month, median price, look at that, 416,000. Thats the highest total on record, according to data from the National Association of realtors came out with just today. The result of the historic prices, people arent buying right now. Demand for mortgages hit a 22year low last week. And the data shows loan applications to buy a home are down nearly 20 from a year ago. Important to note, americans have been facing high home prices for months. Thats not new whats new is people no longer have as much purchasing power. Interest rates almost doubled what they were just in january couple that with inflation, potential home buyers are just getting crushed. Well hear from the former head of the federal Housing Administration first cnbcs Senior Real Estate correspondent, diana olick on americas housing crisis empty nesters allen and his wife thought about putting their bethesda, maryland, home on the market last fall, but they couldnt find anything to buy so they waited until june good if we put the house on the market may 10th, we probably would have sold the house. He said they didnt miss the boat exactly but its not going to be a bidding frenzy where you list a house at a certain price and then you get five bids that are over that price. Were not going to see that kind of market anytime soon because the market has changed markedly fast rising Mortgage Rates, overheated home prices, and growing concern over inflation and the economy have all caused buyers to leap back pretty suddenly i literally felt the rumbling in the ground. Real estate agent joan wolf is in his fifth decade in the business, so she knows whats coming but shes not worried this time. I lived in this market before there are comforts in this market that are different from the crash of 07, 08, 09 in that lenders have become much more stringent that has mitigated foreclosures so now, you wont see fire sales that will drag down prices prices are still up over 13 from a year ago, even though the supply of homes for sale is finally increasing that increased competition from sellers prompted him to drop his 1. 5 million asking price by 100,000 after the first week. And hes encouraging buyers not to worry about offending him i guess what i would say to any potential buyer, dont be hamstrung or limited by saying, oh, i couldnt conceivably make a bid thats more than 5 below the asking price go ahead and make a bid. And another interesting change, wolf told me she just got a call from a Mortgage Lender pushing bridge loans, those are for sellers who might want to buy another house but havent sold the one they have yet. She said she hasnt seen demand for those in several years how are these record prices affecting renters . Because thats a mess too. Rental demand is still high and getting higher rents for Single Family homes and apartments are still hitting new highs, but theyre starting to ease up a little bit. Apartment rents increased by 19 from a year ago in june to an average 1706 a month. Single family rents jumped to 2,071 rents are seeing the biggest gains in florida markets orlando, miami, tampa all up over 20 from a year ago, followed by orange county, california, and raleigh. Markets seeing the smallest gains, minneapolis st. Paul, baltimore, san francisco, chicago, and kansas city thanks very much. Dave stevens is with us, former commissioner of the federal Housing Administration also served as president and ceo of the Mortgage Bankers association. Dave, thanks so much whats the better option right now of the bad options, buying or renting well, you know, youre asking the right question, neither are great options. I would say this prices have to come down the volume of activity needed to slow but they havent. The prices are not coming down its very weird, isnt it . In fact, prices have hit, as you know in june, an alltime historical high, but i would say the one piece of good news which diana highlighted is that the increasing of inventory is getting buyers at least choice if we think about whats gone on the last couple years, particularly last year, multiple offers, all cash offers and you better come in at full listing price or above and it may not be the home of your dreams. Now youre going to get choice i dont know where youre looking, but i real estate doom scroll all the time, and i dont see inventory. I dont see it in south florida where i look, i dont see it in new york where i look. I dont see it i hear it, but i dont see it. One more question. Is there anything home buyers can do to ease the pain . Like Adjustable Rate Mortgages theyre really different than they were years ago, if you do decide to buy . Absolutely. Thats a great point, is that arms are an alternative. They arent the arms of the prohousing crisis that were very high risk a fiveyear or sevenyear arm can get you from 50 basis points, maybe as much as 100 basis points lower an Interest Rate depending on your situation. And that can help you afford these higher payments that exist today. As you have highlighted, look, renting is going up as well. And its unlikely were ever going to see those 2 or 3 Mortgage Rates we saw a couple years ago because that was a reflection on a very difficult economy where the fed was driving rates low. Were not going to see that repeat itself. Sure, but im a kid of the 70s and 80s. I remember mom and dad trying to buy a house and all of a sudden the rate you were going to get for a mortgage was like 16 , 17 . It was insane. And we didnt get a new house. Is that coming is that are we going to keep going here or how do you see it . No, in fact the Mortgage Bankers Association Just put out a new forecast this afternoon. And you know, thats very consistent with what other economists believe were going to see rates level off here in the high 5 range. Maybe even taper down a bit towards the end of the year. The spike we saw was dramatic and had a lot of other influences that made rates move so rapidly were not going to see that on a Going Forward basis. I hope youre right im going to hold the clip just in case to embarrass you later if youre wrong. Great to see you, dave thanks very much a turn in the war . Well, Ukrainian Forces are now on the offensive, as they fight to take back the russian invaders in a major strategic city the ukrainians ramping up attacks around kherson, a key city in southern ukraine that fell to putins troops way back in march russian state media report the ukrainians have been pounding a vital bridge with rockets. Its a critical River Crossing you destroy it, that would cut off a crucial supply line for the russians, anden escape route for Russian Troops in kherson, according to British Intelligence in recent days we have seen the ukrainians blow up russian ammo depots near kherson. Its suspected theyre using advanced long range rocket systems supplied by the United States to strike those targets today, the pentagon announcing its sending to ukraine even more of the himars rocket systems, as they call them ukrainian Officials Say those weapons have been a real game changer, and sent the russians into what they call panic mode meantime, russia is preparing to annex large swaths of ukrainian territory. Kind of like they did when Vladimir Putin seized crimea back in 2014 thats the warning today from the white house. That includes kherson, where the u. S. Officials say the kremlin has installed a puppet government nbcs ellison barber spoke with ukrainian villagers who sneaked out by foot and bicycle and escaped from Russian Occupation. Life here is hard but its safer than where they were translator when russians came, they put white stripes on us, on our hands and legs. He tells us soldiers threatened to shoot anyone Walking Around without that white tape, and sometimes it didnt make a difference at all. Translator there was a headquarters and ammunition were housed in a school they didnt let anyone come even 100 meters to the school a young boy came closer. He wasnt even 30 years old. A sniper shot him dead Russian Forces control much of the kherson region. The villagers we spoke to claim russian soldiers no longer allow cars to oo leave my wife said, well, they will shoot you anyway, so lets get out of here. Vladamir and his wife decided to bike. They pedaled across uneven terrain until they reached a town controlled by Ukrainian Forces translator im just happy that i stayed alive. Thousands of people reportedly fled kherson the same way. Most leave their bikes and try to move far away from the front lines. There are hundreds of bikes in a shed here. Locals say all of them were ridden by ukrainians fleeing Russian Occupation a lot of these bikes youll notice people had tied white rags to them theres two on the back of this childs seat theyre a symbol, people hope, that Russian Forces will see and know theyre not a threat and allow them to get to safety. The town keeps the abandoned bikes. Hoping that one day the owners will come for them and make their way home barber in ukraine, and ukraines first lady was on capitol hill today to make an urgent and emotional plea directly to our congress Olena Zelenska pleading for more weapons as the brutal invasion grinds on with no end in sight she told lawmakers what we all know, that russia is destroying her people in an unprovoked terrorist war and killing peaceful civilians in peaceful cities the first lady shared horrific stories of children slaughtered in russias indiscriminate onslaught. A warning now, most of you will find these images disturbing zelenska told the story of a 4yearold named lisa, a ukrainian girl with Downs Syndrome lisas mom posted this video of the little girl pushing her stroller to a Speech Therapy session, and then moments later, a Russian Missile killed lisa and severely wounded her mom the first lady showed lawmakers a photoeof lisas body beneath a sheet on the ground, and the same stroller that she had been pushing. The first lady spoke with nbcs Peter Alexander and described how the bloody war has changed her own 9yearold son what does your son dream of, what does he want to be . He wants to be a soldier. He wants to be a soldier. What does that make you think as a mom . Translator you know, before the war, my son used to go to the dance omsawnble. He played piano. He learned english he entered sports club now i cannot bring him back to doing arts and humanities. The only thing he wants to do is martial arts and how to use a rifle. Ukrainian president Volodymyr Zelenskyy watched the live broadcast of his wifes speech from kyiv. He says he hopes it helps encourage u. S. Lawmakers to increase their aid more than 100 million americans across at least 32 states under heat warnings or advisories now the alerts stretch from california all the way to new hampshire. Expected across the south and southwest tomorrow, and even in the northeast, when you add in the humidity, it will feel like 100 into the weekend its scorching in europe, too, and wildfires are still raging hundreds of firefighters battling in portugal and spain and italy. And officials in greece say they got a wildfire under control near athens. Then theres the south of france the president Emmanuel Macron visited firefighters there he toured the area where an inferno forced tens of thousands of people to evacuate their homes. The president pledged to step up the fight against Climate Change and to rebuild the area. It was just three months ago that governors in border states began busing migrants to d. C they have not stopped. We were there when the busing began, and now as the resources run out, the mayors stepping in. After just two witnesses, the prosecution against steve bannon rests. Next, the defense and their first move will be a familiar one. Plus, tesla reporting earnings today why the companys winning streak hit the skids. Why do nearly one million businesses choose stamps. Com to mail and ship . No more trips to the post office no more paying full price for postage and great rates from usps and ups mail letters ship packages anytime anywhere for less a lot less get our special tv offer a 4week trial plus postage and a digital scale go to stamps. Com tv and never go to the post office again remember the immigrants the Texas Governor abbott was busing to washington, d. C. . Hes still doing it. Basically every single day thats according to migrant advocates in the Nations Capital. And now, aid workers say theyre running out of resources Governor Abbott started hiring charter buses to take migrants to socalled sanctuary cities back in april. Arizonas republican governor doug ducey quickly followed suit both texas and arizona have sent several thousand migrants to d. C. By this point, and now the mayor there is asking for help cnbcs shomari stone spoke to some of the migrants searching for jobs and places to live. Just a block away from the u. S. Capitol building, migrants lay in the d. C. Summer heat, tired, dehydrated, and in need of refuge. We are having a hard time we dont have a home we dont have anywhere to live francisco migrated to the u. S. From south america. He arrived in texas where he says dhs officials processed him. Handed him paperwork with court dates for his immigration hearing, and sent him on his way. Thats when mendoza along with dozens more, voluntarily took a trip to the Nations Capital but mendoza says texas officials led him to d. C. Under false pretenses. They told us with lies, they told us to come to d. C they have help here. They have work here. They offer you they offer you jobs they tell you that theyre going to help you, but then they just drop you off here like an animal now, mendoza is in search of shelter and a job. We do not have the ability to sustain this d. C. Migrant aid groups say around 100 people are arriving every day. Thats double the amount since april. For some migrants, d. C. Is a pit stop on their journey to meet relatives. But for many more if theyre coming in through texas but need to get to new york, that is an expensive endeavor they lack the resources, leaving them stranded. Its bad because were all here because of the situation in venezuela, it wasnt a good place and i wouldnt go through that journey washington, d. C. Left overwhelmed, unable to manage the influx of migrants were dealing with a federal issue that the district of columbia wont be able to bear it requires the federal response now, fema says it has given d. C. Migrant aid groups 2. 2 million to help with the migration from texas and arizona. But aid groups say its not nearly enough. Fema says it is exploring what their needs are and how the Grant Program can support the services they are providing. Shep shomari stone live in d. C officials in uvalde are set to vote just days from now on whether to fire the School Districts police chief. They scheduled a meeting for this saturday. The agenda for that meeting shows they plan to talk with the District Attorney about issues related to recommended termination for good cause of the noncertified contract of Pete Arredondo School District officials said last month chief arredondo was put on administrative leave. The move ff agencies waited for more than an hour to confront the gunman who killed 19 students and two teachers under the districts active shooter response plan, arredondo would have been in charge. The designated veterans. They say they richly deserve tonight, why theyre calling the latest move in congress to fix the problem a slap in the face an update on the deadly shooting on the set of law and order. The theory investigators are now chasing. And a piece of evidence with and a piece of evidence with ties to the show these folks dont have time to go to the post office they use stamps. Com all the services of the post office only cheaper get a 4week trial plus postage and a digital scale go to stamps. Com tv and never go to the post office again. Did you know that veterans who got wounded and disabled in combat did not get benefits if they didnt serve 20 years they det disability but not retirement and they wont bought a House Committee has shut down a measure that would have provided the monthy benefits to 50,000 disabled vets, but many of them left the military before 20 years some were forced out bought of their combat injuries. Others discharged because of ptsd and other Mental Health issues many find it impossible to work a job at all now so nothing for those 50,000 disabled vets. But theres money for ufos specifically the committee passed along funds for a government ufo reporting system. That is a slap in the face, according to some veterans who say they so desperately need the retirement benefits. Nbc news digital reporter melissa chan now you spoke with several veterans about this one of them, a guy names michael, said to you, this injustice directly contributes to the thousands of disabled combat veterans that fall into homelessness, Mental Health crises, and suicide. Melissa, what would they have gotten had this measure been approved they would have gotten hundreds if not thousands of dollars more each month, shep. And those benefits they say are not only sorely needed but theyre already earned are lawmakers giving any reasons why this particular i mean, there were hundreds that did pass why this one didnt pass the House Rules Committee said their hands were really tied with this one they technically cant consider any measure that could increase the federal deficit without a way to offset those costs. And this amendment didnt have that is there any hope is there a chance that funding for this might come from somewhere else, in the overall defense bill if the senate does not include it in the defense bill this year, which may be the case, theres still hope it will eventually pass. But each year that goes by is another year that these veterans will have to feel the pinch, more so noun than before melissa chan, thanks very much Boris Johnson making his final address to parliament with some parting advice. Focus on the road ahead focus on the road ahead but always remember to check the Rearview Mirror now work begins on a replacement. Today, the race narrowed down to two, who appear to be ready to rumble plus, the missing secret Service Texts around the time of the capitol insurrection new reporting on how agents were told to save them. And what we know about tomorrows january 6th primetime hearing, including how mark meadows will factor in, when we hit the bottom of the hour and the top of the news on cnbc. Flowers are fighters. Thats why the Alzheimers Association walk to end alzheimers is full of them. Because flowers find a way to break through. Just like we will. Join the fight at alz. Org walk these folks dont have time to go to the post office they use stamps. Com all the services of the post office only cheaper get a 4week trial plus postage and a digital scale go to stamps. Com tv and never go to the post office again. Police in new york city investigating whether the deadly shooting on the set of law and order organized crime was a drug related robbery attempt. Law enforcement sources tell our sister station the victim may have been dealing weed out of his car. As we reported last night, cops say 31yearold johnny pizaro was sitting in his red honda civic when a gunman opened the drivers door and shot him in the neck and head. It happened yesterday near the shows filming location in Brooklyn Police say the show hired him to clear Parking Spaces overnight according to one of the sources, authorities found a law and order themed cooler inside that red car. And they say in it, he had a stash of marijuana in it the sources say pizaro may have shared Details Online about his location, so you know, people could come by. Cops have yet to identify any suspects right now, they say theyre searching for a short, thin man in a hooded sweatshirt seen running away from the shooting scene. The disgraced attorney Alex Murdaugh pleaded not guilty to murdering his own wife and son prosecutors agreed to keep the evidence a secret because of Media Attention around the trial. Murdaughs own attorneys asked the judge to deny him bond they say he doesnt have money to pay it anyway thee also told the judge he wants a speedy trial, because as they put it, he thinks the killer is still on the familys rural hunting home. The worlds most valuable carmaker out with earnings and thats whats topping cnbcs on the money tesla reported its Second Quarter earnings after the bell today. Total revenue fell to 16. 9 billion. That ends the companys streak of record revenue in recent quarters seems to shut down of its shanghai facility caused some issues they raised vehicle prices so profit was 2. 3 billion. Thats down 31 , but traders, traders didnt hate it tesla stock up slightly after the bell how should retailers stimulate purchases at their stores well, turns out coffee will do the trick. The university of south florida led a study that showed shoppers were given a complementary cup of joe spent, get this, 50 more money than those who werent caffeined up and the Staten Island mansion from the godfather movie is open to rent on airbnb. The estate available in august for up to five guests at a time, and the price, just 50 a night. Bookings start next week today at the pump, the nationwide average for a gallon of gas 4. 46 its gone down every day for five weeks 55 cents over that time. Still, it costs 1. 30 more than it did this time last year ding ding ding. On wall street, the dow up 48. S p up 23. Nasdaq up 185. And get this, the major indexes have reached their highest point since early last month im Shepard Smith on cnbc its the bottom of the hour, time for the top of the news we need to act. President biden goes it alone on Climate Change, after failing to get a bill through congress the new action just announced, and why critics say it is not enough donald trump gets another one of his big lie candidates into the running for governor this time, in maryland how democrats helped him win and the concerns their strategy could backfire but first, new reporting on those deleted secret service Text Messages from january 5th and 6th. It turns out secret Service Agents were told, save your Text Messages bosses told them that before the agency erased data and replaced their old cell phones. Apparently they didnt listen. We dont know. All of that according to new reporting from nbc news. A Senior Secret Service official tells us that the agency sent out not one but two emails at least one of them before january 6th. They instructed agents to preserve records on their cell phones before their devices were restored to Factory Settings and the texts would be lost. The emails included reminders that the federal employees have the responsibility to preserve their records and included instructions on exactly how to do it. According to the official, the january 6th Committee Says the secret suvs was only able to turn over one single text message thread just one after it requested agents Text Messages from the day of the insurrection and the day before the insurrection the lost Text Messages could have been crucial evidence and provided communication of secret Service Agents who were with the president at the time, on and before january 6th the committee now says the secret service may have broken federal law when it started deleting the data just three weeks after the capitol riot this all comes on the eve of the committees primetime hearing. Nbc News Senior National political reporter sahil kapur now. You know, with new reporting on what we can expect tomorrow, sahil, what tomorrow look like well, shep, the hearing tomorrow will be all about the 187 minutes of inaction by thenPresident Trump on the day of january 6th from the time the capitol was breached to the time he publicly asked the rioters to go home. We know there are going to be two witnesses that are going to give testimony, that is Sarah Matthews who was a member of the press team at the time, and matthew pottinger, who was on a National Security aide, and theyre going to help construct the minutebyminute, the pressure that the white house was getting. Much of it through then chief of staff mark meadows to have then President Trump give a statement to call the rioters off. Committee members have described this as a dereliction in the duty of the former president in the sense of january 6th the hearing is meant for the american public. They want to construct, they want to give a clear vision of what exactly happened on january 6th and everything that led up to it, but another audience is going to be the Justice Department Committee Members want the doj to get a little more aggressive in criminal prosecutions of those involved in january 6th, including all the way up to thenPresident Trump lets is a listen to what a. G. Merrick garland had to say about that we have to hold accountable every person who is criminally responsible for trying to overturn a legitimate election, and we must do it in a way filled with integrity and professionalism. In other words, garland insists the politics will in no way be involved with any decision the doj makes regarding prosecutions, and of course, its not clear this will actually be the last hearing its simply the last one of this tranche. We just dont know that yet we do know that lawmakers reached a deal, sahil, to make it harder for anybody to overturn a certified president ial election. Whats in that thats right. A major breakthrough in the senate a Bipartisan Working Group releasing legislation today that would overhaul the electoral count act, make abundantly clear for anyone who has a doubt that the Vice President s rule is ministerial, that she or he does not have the ability to unilatically reject electors it would raise the threshold from one member of the house, one member of the senate, pretty easy to achieve, to one fifth of the house and one fifth of the senate, which trump did not have at the time. It further makes amendments to the transition act, and it addresses the prospect of alternate or fake slaets of electors that could theoretically be sent by a state to a losing candidate in an attempt to make sure only the winning candidate has their electors counted and it includes new protections to protect election workers and new penalties for those who intimidate and harass election workers. They were blessed by Chuck Schumer and mitch mcconnell, which is an indication that they might actually pass the senate sahil kapur, thanks very much of course, the next january 6th hearing is tomorrow, 8 00 eastern. Well air it in its entirety without commercial interruption right here after the news on cnbc the Justice Department rested its case against steve bannon today prosecution called just two witnesses. Tomorrow, the defense expected to pick it up with the obigatory motion to dismiss the case steve bannon is facing misdemeanor concontempt of Congress Charges after he refused to comply with a subpoena from the january 6th committee. He could face several months in jail if convicted. Mural of Brittney Griner and 17 other detained americans unveiled in d. C. Today a nonprofit called the bring our families home campaign, helped create the project the mission, help return the 64 americans known to be detained abroad in a news conference, a spokesperson for the group said theyre not going away, and they plan to urge President Biden to take action. In los angeles, a series of virtual billboards popped up with pleas to bring griner home. Her family, her legal team, and change. Org funded the display ahead of tonights espy awards they say they plan to park the billboards outside the ceremony tonight. Boris johnson facing parliament for one last time as british Prime Minister as only he would johnson defended his record and his farewell remarks he also gave some words of advice to his successor. Number one, stay close to the americans. Stick up for the ukrainians. Stick up for freedom and democracy everywhere and remember, remember above all, its not twitter that counts its the people that sent us here johnson then signed off terminator style mr. Speaker, i want to thank everybody here and hasta la vista, baby. Thank you. Standing ovation from most of johnsons conservative party, but reporters in the Debate Chamber said his predecessor, theresa may, did not clap. Two weeks ago, he announced hes stepping down after a series of scandals and an avalanche of resignations from his government, but hell continue to serve as Prime Minister until the party finds a successor, caretaker. Now to the race to replace johnson. It comes down to two candidates, and its looking like theres a fight ahead. The former finance minister, rishi sunak, and the foreign secretary, liz truss, they now tour the uk to try to win over the 160,000 rank and file members of the conservative party. Those members will vote for the head of the party. And that person who wins would automatically become Prime Minister the results expected september 5th. Wilfred frost joins us now from london. Cnbc contributor, anchor at our Sister Network now, sky news in the United Kingdom great to see you sunak versus truss, looking like they may throw down. Quite, and thats why the guardian today, for tomorrow mornings paper, has gone with blue on blue, dog fight, is that headline, left leaning guardian enjoying that conservative on conservative battle going on at the moment as we sit here, the fact that rishi sunak won the most votes from mps is now irrelevant its down to Party Members choose, as you rightly mentioned. And polling of that group does suggest liz truss is now the favorite why . Because shes just seen as a more traditional conservative. But its not as stark a lead as it was three years ago by this stage, Boris Johnson was pretty much a lock this time around, rishi sunak can close that gap, particularly if he performs well in the debates over the next six weeks. Hes seen in fact as a better debater, so i would say truss is favorite, but still all to play for at this point. Are they apart on issues . Is there a thing that you can say this sets them apart Economic Policy is the clear area of differentiation. Liz truss wants a tax cut now to try to reinvigorate the slowing economy, where sunak thinks we spent too much during the pandemic and therefore now is not the time to be cutting taxes. And clearly, a tax cut is thought on the surface to be something that the voters would be drawn to, but at the same time, if sunak can articulate his position as more sensible on the economy, he may be able to use it to his benefit. At the same time, having been finance minister, the fact that the economy is slowing and inflation is high, somewhat works against him. But importantly, from the u. S. Perspective on foreign policy, their position is the same as each other and the same as Boris Johnson, tough on russia, supportive of ukraine. Very interesting, wilfred frost, great to see you, sir thank you. Democrats are pumping big money into campaigns for far right republicans. Its a gamble that just propelled yet another controversial candidate to victory. And with his climate bill dead in congress, the president now turns to executive action. The big announcement today and what else may be in store. But first, the funeral for ivana trump held today in man t hatton President Trump and their children in attendance to pay respects former First Lady Melania Trump and their son barron also in attendance the business woman and exwife of the former president died just last week Authorities Say she likely fell down the stairs of her manhattan home ivana trumwa73 ivdo you have a Life Insurance policy you no longer need . Now you can sell your policy even a term policy for an immediate cash payment. We thought we had planned carefully for our retirement. But we quickly realized we needed a way to supplement our income. If you have 100,000 or more of Life Insurance, you may qualify to sell your policy. Dont cancel or let your policy lapse without finding out what its worth. Visit coventrydirect. Com to find out if your policy qualifies. Or call the number on your screen. Coventry direct, redefining insurance. Hi. Im Wolfgang Puck when i started my online store Wolfgang Puck home i knew there would be a lot of orders to fill and i wanted them to ship out fast thats why i chose Shipstation Shipstation helps manage orders reduce shipping costs and print out shipping labels its my secret ingredient shipstation the number 1 choice of Online Sellers and Wolfgang Puck go to shipstation. Com tv and get 2 months free the president in massachusetts today announcing new action that he hopes will fight Climate Change after congress could not pass his climate agenda speaking alongside a handful of lawmakers, the president slammed them in a speech outside a shuttered coal plant since congress is not acting as it should, and these guys here are, but were not getting Many Republican votes, this is an emergency an emergency and i will, i will look at it that way i said last week, and ill say it again loud and clear, as president , ill use my executive powers to combat the Climate Crisis in the absence of congressional action that coal plant set to become a factory where theyll make cables for off Shore Wind Energy the actions come after what would have been the biggest climate related spending bill ever it fell apart in congress this week pub pb says hell direct more than 2 billion to fema so it can help communities when they deal with natural disasters. This heat is a disaster of its own. More than 100 million of us across the country sweating through temperature alerts senior White House Correspondent Kayla Tausche now. Kayla. Shep, the Biden Administration today announced it would explore new Wind Energy Development in the gulf of mexico, allow people to buy air conditioning through existing housing programs, and fund socalled cooling centers for people to escape extreme heat. Speaking on a 90plus degree day in somerset, massachusetts, President Biden called Climate Change a clear and present danger and an emergency with a lower case e but he stopped short of declaring a National Emergency on climate he said that he might still do that in the next week or so. But that distinction would allow the u. S. To use the defense production act to boost manufacturing for Renewable Energy products and instead the white house will issue a series of executive orders which stoked new criticism from republicans this is what washington democrats are trying to do with their one Party Control of government and theyre hoping President Biden will declare a National Emergency to help them do it faster well, unfortunately, for the far left, the president is occupied with a Climate Conundrum of his own. Democrats are moving forward with a bill aimed at lowering drug prices and expanding the Affordable Care act, but have stripped out climate provisions and certain green tax credits in response to opposition from senator joe manchin. Manchin told West Virginia talk radio he wanted to see more inflation data before backing those parts of the bill, and the Corporate Tax hikes that would fund them. Polling conducted after manchin withdrew that support delivering a death knell to a critical agenda item for democrats saw President Bidens approval drop to 31 tonight, President Biden said he had not spoken to manchin directly and was still weighing other action on climate. Shep Kayla Tausche, thanks very much its happened again another trumpbacked candidate who pushes the big lie has won his republican primary nbc news projects dan cox will be the republican nominee for governor in maryland he beat Kelly Schultz by 16 points, 56 40. Schultz is a moderate republican she had the backing of the outgoing governor, a republican who has been vocal in criticizing former President Trump. You may think democrats may have preferred schultz, but thats no the Democratic Governors Association spent more than a Million Dollars in ads to boost cox. Meet dan cox. Donald trumps handpicked candidate for maryland governor. Cox will work with trump, trying to prove the last election was a fraud. 100 prolife, hes fighting to end abortion in maryland and he will protect the Second Amendment at all cost, refusing to support any federal restrictions on guns, even pushing to put armed guards in every school dan cox, too close to trump. Too conservative for maryland. Well, according to some democratic strategists, cox is a radical extreme candidate who would be easier to defeat in the general election hes a lawyer who serves as a state lawmaker in maryland on january 6th, he tweeted that Vice President mike pence was a traitor. And in april of this year, he spoke at a qanon gathering about the election being stolen. Hes campaigned on restricting transgender and abortion rights, ending inflation, and School Safety the strategy of the democrats boosting far right opponents is nothing new. Democrats did it in pennsylvania with doug mastriano, a trump candidate who won the republican primary for governor and now could have a real shot in november democrats also did it in illinois, and are trying to do the same thing in arizona, but could it backfire . I mean, were all old enough to remember when democratic strategists thought beating the guy who came down the golden escalator would be a cinch, too. Republican strategist mike murphy is here on the one hand, mike, were hearing about the threat to democracy that these candidates pose and on the other hand, democrats are trying to boost them yeah. You know, this is an old trick greg davis did it 20 years ago in california. But two things have changed. One, the stakes are high now, because were not talking about kind of wobbly candidates who might not have as much appeal. These are crazy people theyre nuts so on a cynical basis, okay, like in illinois, jd pritzker used 35 million, hes a rich guy, to elevate a complete crank case republican. So one, the people of illinois and now maryland lose any real choice between two serious candidates the democrat cruises along but if that plan goes wrong, you get a dangerous, antidemocratic seditionist as governor. So were playing with real fire here i think they ought to try to beat them the Old Fashioned way, not rob the voters of a general election choice by subsidizing them with millions and millions of dollars Governor Hogan said he didnt think this guy cox is going to win. He tweeted this, trump lost republicans in the white house, the house, and the senate you agree with the governor . Yeah, i do. And i think he will lose and im a conservative republican, but dan cox should lose excuse me. But the problem is, what about the 20 chance that something goes wrong and somebody like this winds up in the Governors Office so larry hogan is the star of the power. Kelly schultz could have made it a real race. The first blame has to go to the republicans who decided to support such an unserious and even dangerous candidate but for the democrats to spend a Million Dollars giving cox a platform to help him win, its too cynical, and they should pay a price for it mike murphy, great to see you. Thanks a lot u. S. Marshals are on the hunt for a dog napper in a very high profile case hes part of the crew that they say stole lady gagas french bulldogs and shot the man walking them the guy theyre hunting was in jail and then a mistake. Emmanuel, dont do it youre a tiktok star, but emmanuel, dont do it. The story of emmanuels rise to fame and complete disdain for iphone cameras emann ill, leave i do you have a Life Insurance policy you no longer need . Now you can sell your policy even a term policy for an immediate cash payment. Call Coventry Direct to learn more. We thought we had planned carefully for our retirement. But we quickly realized we needed a way to supplement our income. Our friend sold their policy to help pay their medical bills, and that got me thinking. Maybe selling our policy could help with our retirement. Im skeptical, so i did some research and called Coventry Direct. They explained Life Insurance is a valuable asset that can be sold. We learned we could sell all of our policy, or keep part of it with no future payments. Who knew . We sold our policy. Now we can relax and enjoy our retirement as we had planned. If you have 100,000 or more of Life Insurance, you may qualify to sell your policy. Dont cancel or let your policy lapse without finding out what its worth. Visit coventrydirect. Com to find out if your policy qualifies. Or call the number on your screen. Coventry direct, redefining insurance. At xfinity, were constantly innovating. And were working 24 7 to connect you to more of what you love. Were bringing you the nations largest gig speed network. Available to more homes than anyone else. And with xfi complete, get 10x faster upload speeds. Tech upgrades for your changing wifi needs. And advanced security at home and on the go to block millions of threats. Only from us. Xfinity. Well, the case of lady gagas dog walker takes a new turn u. S. Marshals offering a 5,000 reward to anybody who finds the suspect that they let slip in connection with the shooting of gagas dog walker theyre looking for this man James Howard Jackson last year, Police Arrested him and four other people. They charged the 19yearold and two of the others with attempted murder and robbery but in a statement, u. S. Marshals report authorities erroneously released jackson from custody in april due to a clerical error last february, Police Say Two men ambushed lady gagas dog walker while he was out in los angeles with her french bulldogs the dog walker told police when he refused to give the dogs to the attackers. One of the men shot him. Cops say a woman was in on the crime too and they arrested her. Gaga is an animal lover. Were guessing she would want a big hug and try to avoid a peck from emmanuel. Emmanuel the emu a rising tiktok star millions of people have watched videos of him on the app, and his owner says this is just the beginning. Nbcs savannah sellers with the story of one flightless bird thats soaring to stardom. Taylor blake joined tiktok because she thought the world might enjoy her familys farm animals. What is so normal to you is so absolutely mind blowing to some people. Theres ellen, rico, homey, humpty, but one flightless bird kept stealing the show emann ill, leave it alone. Thats taylors emu, formerly known as Emmanuel Todd lopez, and hes been pecking his way to the top of tiktok. This video alone has over 8. 8 million views. Emmanuel do not do it emmanuel dont do it. Im trying to educate people right now. Okay what is the vibe of an emu . Is it surprising that he has this hilarious personality the vibe is anxiety you just never really know uhuh, uhuh. Emmanuel why . Why do you got to be such a menace, dude the cause of emmanuels anxiety, these days it seems to mostly be iphone cameras you know what, do it. But its those iphone videos and taylors endless exasperation that have given this emu a worldwide audience. I remember when i was filming, like emmanuel, serious, now is not the time. It is not about you. Boy, was that wrong. It is not about me at all. This has never been about me this has always been about emmanuel this is his world and were all just living in it. Just because youre in just the corner of the frame doesnt make it any better okay you look so handsome whoa, whoa, whoa. Emmanuel emmanuel, dont do it. Emmanuel dont choose violence. I have always, you know, just wanted to create content that genuinely brought joy to people. I feel like im doing that, and i genuinely feel like im living my dream, and its just been really humbling. Can i have a hug . Can i have a little hug . Thank you, buddy for the news, im savannah sellers. Dont do it today, an update on emmanuels newfound fame. We reached a million followers on tiktok last night im not lying. A million. Yeah is there anything you would like to say, Emmanuel Todd lopez, you famous bird . No okay, thats fine too. Its okay. Probably at a loss for words, right . Emmanuel the emu, tiktoking his way to the top of the food chain. A border cawley in california gaining some fame of its own after it saves its owner this is sal, the county search and rescue organization reports his 53yearold owner called 911, said he fell about 70 feet, broke his hip and some ribs. Happened in Tahoe National forest when the rescue team arrived to find sal was there they tell us the dog was jumping up and down and spinning around in circles, and then sal led them nearly 200 yards away right to his owner rescuers airlifted the man to safety this is sal after the rescue were told he got a well deserved dinner that night for now, a local nonprofit is taking care of sal while his lucky owner gets better, and in fact, our local nbc station reports hes already reached out to the Sheriffs Office to get his boy sal back 55 seconds on a race to the finish the red hot Housing Market taking a huge turn demand for mortgages dropped to a 22year low as higher Interest Rates and inflation rattle potential home buyers. The pentagon announcing the u. S. Will send more long range rocket systems to ukraine. They say those have been a game changer and significantly slowed russias advance and the january 6th committee set to hold a primetime hearing tomorrow Committee Members say it will focus on what President Trump was doing for more than three hours as a mob of his supporters attacked the u. S. Capitol. Well have live coverage without commercial interruption of the hearing tomorrow night on cnbc dont do it. Emmanuel dont do it. Even if you dont tiktok, just tiktok look for emmanuel. See you tomorrow sedo you have a Life Insurance policy you no longer need . Now you can sell your policy even a term policy for an immediate cash payment. We thought we had planned carefully for our retirement. But we quickly realized we needed a way to supplement our income. If you have 100,000 or more of Life Insurance, you may qualify to sell your policy. Dont cancel or let your policy lapse without finding out what its worth. Visit coventrydirect. Com to find out if your policy qualifies. Or call the number on your screen. Coventry direct, redefining insurance. When we started our business we were paying an arm and a leg for postage. I remember setting up shipstation. One or two clicks and everything was up and running. I was printing out labels and saving money. Shipstation saves us so much time. It makes it really easy and seamless. Pick an order, print everything you need, slap the label onto the box, and its ready to go. Our costs for shipping were cut in half. Just like that. Shipstation. The 1 choice of Online Sellers. Go to shipstation. Com tv and get 2 months free. It is 5 00 a. M. At cnbc global headquarters. Here is your five 5. Gas online at the in nord strea pipeline Brian Sullivan has the latest. And to dive back into the stock market with the winning week and fighting to roll on futures are lower right now. Investors bracing for a key Interest Rate decision by the European Central bank later this morning. Likely rolling out the