office. the 43 empty folders beg the question, what was inside? where is it now? and here s where we need to stop for a moment because this involves a political figure, so there is a tendency to cover it like a political story. but this is actually a crime story. so what we need is a crime show fame to put us in the right frame of mind. all right, here s the scene. long forsman goes into a florida country club, finds thousands of stolen documents. some folders that used to hold those documents are empty. all right, here s the scene. long forsman goes into a florida country club, finds thousands of stolen documents. some folders that used to hold those documents are empty. what documents or in those folders? where did they go? well, the current store you d start, with what s the motive? the fbi isn t going into retweet paper clips. paper clips have no value. so what s it worth? and to whom? and if you didn t know that, you would say, let s start with a guy who owns the pla
mike pence were questioned in front of a grand jury about the scheme to use fake electors to overturn the 2020 election. that includes the role of trump lawyers john eastman and rudy giuliani. washington post and new york times report that the prosecutors asked directly about former president trump s involvement. daniella diaz is on capitol hill for us. this would be a big step asking insiders directly about trump. what is the attorney general saying about this case? reporter: the justice department will not comment directly on this grand jury testimony, but look, merrick garland making it clear that no one is above the law. he said that they will not hesitate to prosecute former president donald trump if they find evidence in their investigation that he stood in the way criminally of that certification of the 2020 results of the election. look, he spoke to nbc last night in an interview where he commented on this. take a listen to what he said. look, we pursue justic
achi achieve 2 inflation and maxim employment, preserve financial stability. we don t have the ability to protect the u.s. economy against the downside of a default. it would be a message to all around the world of eroding confidence in america. you are saying the fed there is no break the fed can t do anything? the fed cannot fix this. only congress and the executive branch can fix this. striking to hear president biden over the weekend at the g7 said he cannot guarantee that the u.s. will not default. can you guarantee that? i hope that our political leaders come together. this is up to congress and the executive branch. we don t have the ability at the fed to address it. are you worried more than ever before? you were one of the lead voices in the 2008 financial crisis.
a default would be a message to invest torts of eroding confidence in america. the fed cannot fix this. these republicans are saying out loud also what former president trump said out loud reed recently. unless we get everything we want, don t go along with a deal unless you get all of the cuts that you want. trump said that. to think it isn t impacting a number of these hardline conservatives is, i think, a mistake to think it wouldn t impact him. they are essentially saying they don t think a default would always have the catastrophic impact that all these economists are warning it would have. and what it would do is mean medicare cuts, cuts to veterans, social security paychecks don t go out. that s something the president has been trying to stress over and over again and thinks the public would be on his side. that s where the math gets
too. when that starts swooning, it s like everyone heading to the exists at the same time. yes. look, these issues of too big to fail, what also of just bank concentration in general, they have been with us a long time. this has been a trend for 30, 40 years. trending against the smaller and regional banks. but issues like deposit insurance and how they re going to be treated, that s got to congress has to sort that out. the fed cannot make decisions like that on its own. it s the american people and the policy makers that have to decide that. i said that was the lost question. i lied. not intentionally. you re coming to this position on the federal reserve, very influential position as someone that is more sensitive to the knee jury reaction that jobs go up, rates go up. that you ll have a different point of view about how you go about your job.