taking photographs of stairwells and hallways and tunnels and security screening posts. hmm. and then the invasion in ukraine hits home for some u.s. families as two americans going missing while fighting alongside ukrainian soldiers. the growing fear these two americans might now be in the hands of the russians. welcome to the lead. i m jake tapper. we start with our money lead and a major economic news that will in the short term at least make life more expensive for many americans. the federal reserve this afternoon doing something it has not done in nearly three decades. they raised the interest rate by three-quarters of a percentage point. this will mean higher costs for mortgage loans and credit card bills and auto loans and student loans. federal reserve chairman jay powell says the hike is necessary to cool economic growth so as to get inflation under control, but that could take weeks if not months, and so many american families are struggling right now with sk
eastman and others. a plot hirshman believed may have put eastman in legal jeopardy. i said, good, john. now i m going to give you the best free legal advice you re ever getting in your life. get a great f ing criminal defense lawyer. you re going to need it. and i hung up on him. and in just the last hour, the committee officially announcing who we will hear live testimony from tomorrow. it includes two people closely associated with the former vice president, including his chief counsel and judge mitalluding who encouraged the vice president to not take the advice of john eastman, and we re also learning tomorrow s hearing will be led by congressman pete aguilar of california, who is of course a member of the committee. jake. ryan nobles on capitol hill, thanks so much. here to discuss, cnn s special correspondent jamie gangel and george conway, conservative lawyer and contributing columnist for the washington post. let me start with this clear contradiction. the january
american volunteer fighters have gone missing in ukraine. their families fear they have been captured by the russian army. a source tells cnn that andy and alexander both from alabama disappeared during a fierce battle in eastern ukraine nearly one week ago. within 24 hours, a post appeared on a russian propaganda channel claiming the men had been captured near kharkiv. they are presumed to be prisoners of war, but the u.s. embassy in ukraine has not been able to verify that claim. oren liebermann joins us live from brussels. kaitlan collins is live at the white house. what is the white house saying about these americans? they re aware of these reports, but right now, the white house can t confirm them. they just found out about the reports about these two americans that have been missing in ukraine and feared captured by the russian forces, and they say if they can confirm these reports that they will work to get them home as soon as possible. but john kirby, national
common step from the fed. but he did say in the next meeting in july, that they are probably going to be debating between either a move this size or one just smaller, a half a percentage point, and fed officials, they projected sharply higher interest rates by the end of the year. they say that they think that interest rates are going to be about twice as high at the end of the year as they are today. now, this is a tricky situation for the fed because if they don t do enough, which arguably has been the case to this point, that inflation can get hotter and hotter and go out of goal. if they do too much, they could end up slowing the economy right into a recession. yep, that s the risk. matt egan at the fed. thanks so much. turning to our world lead. two american fighters are now feared to be prisoners of war. possibly in the hands of the russians. the two volunteer fighters from alabama went missing during a battle just north of kharkiv last week. they have not been heard from sin
robert drucka, a fellow fighter said the battle they were lost in was absolute chaos. ben wedeman is on the ground in the eastern ukrainian city of kramatorsk. what are the families of these two fighters saying about their missing loved ones? well, alex s mother and andy s fiancee both say they last heard from them on the 8th of june when they told them that they would be unavailable or offline for a few days, presumably that they were going to be going on a mission. and shortly after the combat that their comrade described, as you mentioned, they went out to try to find either bodies or find them if they were wounded. they found nothing. the following day, a russian propaganda channel on the telegram messaging application claimed that two americans had