But i think that the idea now is that we have to hit back hard, we have to hit back strong if were going to finally put this dual crisis of the pandemic and the economic pain that is engendered behind us. With respect to larrys point, one thing is just wrong, which is that our team is dismissive of inflationary risks. Weve constantly argued that the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to finally put this virus behind us. Second, i want to quote fed chair Jerome Powell who strongly reiterated this view the other day, i think it was just a week or so ago, that inflationary risks are also asymmetric right now. Im much more afraid of people losing their careers and life that they built because they dont get back to work in time. Im more concerned about what that will do not just to their lives but to the American Economy. Im more concerned about that than which exists with higher inflation. In our
hello and a warm welcome to those joining us. just ahead on cnn newsroom former south carolina governor, former u.n. ambassador formally announcing her ca campaign. she s certainly willing to be the first to go up against the president. both presidents really. now some people here will have to be trdrinking bottled water. this train apparently was not considered a high hazardous material train. children were throwing up, parents were panicking. seemed uncomfortable, nervous and fidgety. so that is why i started getting suspicious. his instinct was correct. these are nine checks and the name on each of them, george santos. live from london, this is cnn newsroom with max foster and bianca nobilo. it is wednesday, february 15, 9:00 a.m. in london, 4:00 a.m. in washington and south carolina where this just a few hours nikki haley is expected to speak at campaign launch event. haley has formally entered the 2024 race for the white house. and in the months
in. who is next 1234. wouldn t you are like to know. plus the plea deal that allowed the michigan state gunman to legally buy guns. oonand will the lawyers put murdaugh on the stand in his own defense? former south carolina governor nikki haley is kicking off her bid for the presidency in a matter of hours. she will become the first major rival to challenge donald trump for the gop nomination. it is time for a new ew generation of leadership to rediscover fiscal responsibility, secure our border and strengthen our country, our pride and our purpose. the haley campaign launch gets under way today in charleston. kylie atwood is there. i m nikki haley and i m running for president. reporter: nikki haley telling her story to the american people as a presidential candidate for the first time. i was the proud daughter of indian immigrants. not black, not white. i was different. but my mom would always say your job is not to focus on the differences but the similar
say the administration s immigration policies are to blame. it s the biden open border policies that are inviting even more illegal immigration and actually have created this humanitarian crisis. the border patrol officers told me that the biden administration policies they are enriching and they empowering the drug cartels in mexico. arthel: we ll get into this with our fox team coverage. griff jenkins is near the border in texas. david spunt is following the president in wilmington, delaware. what are you hearing. reporter: president biden is touting the covid relief, the $1.9 trillion covid relief package. the border is something the president will have to focus on. this is a big deal that fema is getting involved. it shows that the administration cannot ignore the influx of unaccompanied children at the southern border, no question about this at all. homeland security secretary, alejandro mayorkas, made the announcement yesterday that he s directing fema to shelter an
Enormous turn and that brought us to 24,265. These trade tariffs are widening a lot. It started with steel and aluminum. Its affecting a variety of products, everything from televisions and cigarettes to plastics. You name it. Porkrelated, beef products. Soy beans, an area that they didnt want to get into that theyre into. All of this was a big stepback moment to say its bad, its coming but maybe its not coming at all. This was crazy. Youre right. Boy, just as the opening bell rang this morning at 9 30, it was looking like we were going to have one of the worst days you could see on wall street. We were down 500 points like this. A couple of things happened after that. The aforementioned larry kudlow did an interview and he shade we
wouldnt see a trade war. The markets started to come back after that. There were technical factors at play. People in support levels, held up meaning that at a certain level in a market, whether its the Dow Jones Industrial average, maybe the nasdaq or the