good thursday morning. top of the hour. i m erica hill. i m jim sciutto. major economic news this morning and good news. inflation showing signs of easing in the month of december consumer prices post the biggest monthly decline in months, also easing in the annual growth rate. the impact this could on the fed s decision to race interest rates. how much, how long, we ll break down the numbers just ahead. president biden s legal team has discovered a second batch of classified documents. the white house has declined to comment on the matter. republicans certainly have much to say. we ll discuss the legal political ramifications facing the administration, also the differences with trump s handling of such documents. the airline industry this morning recovering from that massive damage done by a single corrupted file yesterday. what is the faa saying as they investigate the cause for these thousands of delays and cancellations yesterday. we ll bring you up to speed. firs
this morning a growing number of house republicans are calling for new york congressman george santos to resign. five gop lawmakers say the embattled republican should step down over many falsehoods he s told about his experience and background. during his campaign santos lied about his job, his education as well as his family s background and heritage. i wanted to make it very clear that that is not our brand, that s not what we stand for. i decided to stand with the nassau county officials and call for his resignation. do you think he should resign? i do actually. we want to sew trust in the work we do in congress. this is one of the places where we ve got to start. well, plenty of calls, all of them being rejected at this point by congressman santos. will you resign? i will not. new york republicans are calling you a disgrace. you will not resign?
good thursday morning. top of the hour. i m erica hill. i m jim sciutto. major economic news this morning and good news. inflation showing signs of easing in the month of december consumer prices post the biggest monthly decline in months, also easing in the annual growth rate. the impact this could on the fed s decision to race interest rates. how much, how long, we ll break down the numbers just ahead. president biden s legal team has discovered a second batch of classified documents. the white house has declined to comment on the matter. republicans certainly have much to say. we ll discuss the legal political ramifications facing the administration, also the differences with trump s handling of such documents. the airline industry this morning recovering from that massive damage done by a single corrupted file yesterday. what is the faa saying as they
speaking out before you know everything, right? the situation here is different in that it appears these documents were handled by aides or mishandled potentially by aides. biden may not know if there s more out there. it sounds like they re doing a search. so right now the best strategy may be just to allow his surrogates to point out the differences. republicans certainly will liken this to the situation with donald trump, but it s up to the president s allies to point out that number one, this is different because these were the aides who most likely were responsible for this, that they were turned over after they were discovered. whereas president trump knowingly took these documents to his residence, refused to turn them over, to the point where he was accused of engaging in obstruction and federal agents had to issue a search warrant and the doj get involved.
yet. i think people worried about interest rates are probably going to be in a good place going forward. let me ask you this, there s been a lot of talk here from a political perspective. republicans saying this is all about stimulus money. that clearly was a factor. but we ve seen inflation around the world and there was certainly a pandemic factor here, a supply chain factor. on that side of things, are we beginning to see that not just here in the u.s. but around the world, that that pressure is being relieved on the economy? oh, for sure. if you look back at the pandemic, this is kind of a once-in-a-generational event, at least in terms of the kind of supply chain disruption we saw. now we re seeing a more regionalized world. companies are saying, wow, we can t just have one highly vulnerable supply chain going from china to the u.s. we ve got to have a lot of different supply chains. we ve got to create more resiliency. over 90% of multi nationals are