pence s life in danger during the capitol riot when he refused to go along. approximately 40 feet. that s all there was. 40 feet between the vice president and the mob. i ll talk to one of the committee members, democratic congressman jamie raskin of maryland. plus, the economy. prices everywhere going up. everyone had it up to here really. interest rates too. we re strongly committed to bringing inflation back down. leading to a sinking stock market. this week was brutal. today was brutal. over fears of a coming recession. my guests this morning, former treasury secretary larry summers, who says a recession is likely. also, thanks to the troubled economy and president biden s aides, democrats are worried about the president s 2024 chances and whether he should even run again. joining me for insight and analysis are nbc news chief white house correspondent, peter alexander. maria teresa kumar president of voter latino. republican strategist brendan buck an
american to visit the island in 25 years, this is a significant moment in the battle with china that exists on so many economic and military fronts. the communist nation has been caught buying up farmland for unknown reasons in the united states. also expanding their military bases with a stated goal of dominating the united states and making themselves the number 1 super power in the world. now they re choosing the united states of behaving like gangsters after the secretary state antony blinken said any crisis that follows this visit would be entirely on beijing. here s their response. the united states should and must be full responsibility for this. the remarks but secretary of state blinken confounded right and wrong and showed the mentality and gangster logic of some american people that i can provoke you wantonly but you can t oppose me or defend yourselves. martha: she claims she s just visiting taiwan and that that is allowed under the agreements that exist betwe
things. we could see him talk about the need to balance these two risks, or we could see him really sort of played down the risks to the banking sector and talk about how focused they are on inflation. when i talked to economists about what s likely they are all over the map on that question, you know? i think this is a point of real uncertainty, which is going to make it a really interesting thing to watch when he gets his press conference at 2 30 the other questions he s going to be asked at one would imagine would be about whether the fed missed any signs when it comes to silicon valley bank. um what are you listening for? in that answer? yes so this is a very tough one for him to navigate because it s pretty clear that something went wrong here. you know, this bank was under federal oversight. it should have these problems where you know, growing in plain sight, and so theoretically, the fed should have been able to stop them. but it clearly did not. you know it killed the bank in
problems that the folks you were just spoking to. martha: there s a lot of people in this country, pretty much everybody, would like to see lower prescription drug prices. there s a lot of concern about some of the way this bill goes about doing that and that it could hurt some of the research and development that some of these companies are doing. i think what you re hearing from these folks, they want something that is going to impact more quickly. i think one of the arguments against that is that the fed didn t act soon enough. the administration didn t respond to the supply chain problems soon enough. we were told all of this was going to be temporary. from the supply chain, i remember hearing, it s going to work its way out in the next couple months or so. nothing to worry about. now they say look what you ve told us isn t necessarily our experience and we want you to understand. what they re saying, they want a didn t form of leadership. they want somebody else. let s talk ab
they felt like, you know, the fed didn t act soon enough. you certainly thought the fed should have acted sooner. any concern that the fed is now going to overreact, raise interest rates too high, while also pulling money out of the market, the quantitative tightening. is there a bigger risk of them doing too much or do you still worry that they re going to do too little? i think they have got to find a balance. but, you know, chuck, when the doctor prescribes antibiotics, if you stop taking them the moment you feel better, it can often be a mistake to not carry through. and if the worst thing we could do would be to start to stop inflation and not do enough to slay the dragon. so i think the fed has to be very, very careful here on that