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Transcripts For CNNW The 20240705

will start with paula reid. let me air the bite from kamala harris really quickly. the comments made by the prosecutor, gratuitous, inaccurate, and inappropriate. the way that the president s demeanor in that report was characterized could not be more wrong on the facts and clearly politically motivated. we will start with paula reid , how is the white house responding to the report today beyond what we heard from vice president harris? what do we know about the interview between president biden and special counsel hur s team. reporter: damage control, spokesperson answered question for the white house press corps. the one shepherding the press through the investigation and knows that well. he fielded questions including a lot of questions about the timing of this interview with the president. was he distracted ? the way the white house is spinning this, no, we did not want to delay it or put up roadblocks, we wanted to give special counsel everything they needed. there

Transcripts For CNNW The 20240705

coverage continues now with t te swituation room. a scathing report describing the president as an elderly man with a poor memory. voters concerns about the president s age weigh on his re-election bid. donald trump is courting people in pennsylvania. we will get a read on his message a day after his ballot battle at the u.s. supreme court that seemed to go his way. fresh tense between the united states and israel after president biden calls the israeli military s operation in gaza over the top. this as israel is facing backlash over a planned evacuation and ground offensive in the refugee-packed city of rafah. welcome to our viewers here in the united states and all around the world. wolf blitzer is off today. i m alex marquardt and you are in the situation room. president biden lashed out at the special counsel for portraying him as a forgetful old man who can t remember when his own son died. arlette saens has more. we saw a full court press by team biden. repo

Transcripts For CNNW The 20240705

welcome to the lead. how about this for question of the day? fani willis, what are you thinking? exactly parks trisha murphy. murphy is a top opinion writer for the atlanta journal constitution asking that of district attorney fani willis who has yesterday to deny that she has a special relationship with a special prosecutor she hired, the stunning scandal revealed in legal briefs in georgia. donald trump was at the first hearing today since the allegations were revealed. plus inside the iowa caucuses, exactly how does this very american, very bizarre process work and why does iowa opt for this versus the more popular and easy primary process where voters just line up and vote in the polls? leading this hour, what could be a worsening global crisis for president biden, iranian-backed houthi militants warning of retaliation against the u.s. and its allies for strikes against houthis in yemen last night. the white house insists these were self-defense strikes intended to

Transcripts For CNNW The 20240705

coverage of the iowa caucus will continue. see you sunday morning. happening now, u.s.-led air strikes inseed yemen trigger a vow of retaliation by iran-backed militants. mass protests erupt in yemen and fears of a full scale regional war intensify. also this hour, a potential blizzard and bitter cold are disrupting the final push to the iowa caucuses. we re tracking the candidates and severe weather with only three days to go before the first presidential votes of 2024. welcome to our viewers here in the united states and around the world. i m wolf blitzer, you re in the situation room. let s get to our top story tonight. iran-backed houthi militants vowing to hit back after a u.s. led coalition struck their position faze yemen. the national what is president biden saying as the u.s. braces for retaliation? wolf, the president spoke briefly earlier today reiterating that the united states stand as poised to respond to any additional houthi action including missile an

Transcripts For CNN The Lead With Jake Tapper 20240706

what happened? erica, this happened so fast. it s stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven t heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we know that some people, some entities, some start-ups, they have more than $250,000, and it s less clear what s going to happen to them. how did this happen? well, when the fed spikes interest rates, things tend to break. we know that the fed rate hikes have hurt the valuation of the tech companies that this bank catered to, also has hurt the value of the bonds that banks rely on to get cash. erica

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