years, marking the central bank s most aggressive move yet to bring down the soaring costs of food and gas and almost everything else. inflation is not easy. just days ago we learned it s at the highest level since 1981. the fed released a darkening forecast projecting more inflation and higher unemployment. joining me now matt egan. we heard from the fed chairman. he signalled more rate hikes. what did you learn? reporter: well, victor, clearly inflation is on fire. today the federal reserve officially called in help for some reinforcements. taking aggressive steps to raise interest rates and fed officials are signaling that even more aggressive steps may be needed to get inflation under control. listen to what jerome powell just said. we anticipate ongoing rate increases will be appropriate. the pace of those changes will continue to depend on the incoming data and evolving out look for the economy. clearly today s 75 basis point increase is an unusually large one. from
critical and methodical testimony at the second hearing. testimony from donald trump s own attorney general, william barr, as well as former top officials of trump s 2020 re-election campaign on how the former president refused to admit that he lost the election to joe biden, and he pushed his big lie of election fraud on the american people. now, i want you to pay close attention to the former attorney general bill barr telling the committee that trump had become detached from reality. the claims of fraud were bullshit, and, you know, he was indignant about that. and i reiterated that they d wasted a whole month on these claims on the dominion voting machines, and they were idiotic claims. and i specifically raised the dominion voting machines, which i found to be among the most disturbing allegations, disturbing in the sense that i saw absolutely zero basis for the allegations, but they were made in such a sensational way that they obviously were influencing a lot of peop
thanks for watching. i will be back tomorrow night. don lemon start right now. see you in an hour here. i have questions for you. i can t wait. i ll see you then. i wanted to get to this quickly because we have so much we want you to hear. you may not have heard of a lot of it today and we will play it for you. today s hearing, i want to make this very clear. it was on about democrats taking trump down. okay? you may hear that another places but that is not with this is about. this is about trump s inner circle. the people who are closest to the former president. they were the ones providing all of the evidence here. all of the evidence in the hearings. people in the center circle. critical and methodical testimony at the second public hearing at the house committee investigating the january 6 and direction. testimony from the former attorney general as well as someone with the campaign. he pushed his big life election fraud on the american people. what you play close
hearing takes new turns. the january 6 committee accusing donald trump of scamming his supporters out of $250 million. laying 0 out the case that trump solicited money from backers by using lies as a fundraising tool. adding that he sent up to 25 emails a day, soliciting donations for illegal funds that simply didn t exist. but is it potentially criminal and will attorney general merrick garland pursue or prosecute it as such? those are the key questions emerging from the hearings overall. and there seems to be a new rift emerging from the january 6 committee itself on the very subject. whether they will make a specific criminal referral to the justice department. as for witnesses, some of the most stark testimony is coming from trump s former attorney general william barr who offered a line-by-line debunking of some of trump s ongoing lies about fraud. and he calls trump detached from reality after the election. cnn is live with the new reporting, trump s supporters, kai
learned trump s inner circle told him the fraud claims were false. within the committee, a significant public split over whether to send a criminal referral to the doj, and so that s where we want to begin today with democratic congresswoman of virginia who is on the select committee. she s joining us now. thank you so much for taking the time, congresswoman. the chairman says that a criminal referral is not going to happen. i know you and other committee members say that s not been decided. why isn t everyone on the same page? well, what i d say is it s correct that this hasn t been decided. we haven t got ton that point yet as far as the committee making a formal decision. the chairman says it s not going to happen. he went that far. well, we are continuing to have discussions within the committee, and i would say that this is something that is a very important topic for us to decide and decide as a whole committee, and we will make that decision and that announcement