Out what the Federal Reserve is going to do to rev up the economy. Big speech coming from chairman powell. Odds are hes going to talk about inflation. He wants more of it. If thats correct, hell be printing a lot of money. Literally seven minutes from now make that nine or ten minutes from now, we will be allowed to give you the official word. And, by the way, thats what the markets waiting for. The dow jones average is coming off the dow is going to be down about 22 points, roughly that way. Lets see what happens when we get the feds announcement. The s p, thats coming off its 18th alltime high. Down a couple of points at the moment. The nasdaq is coming off its 38th alltime high. We did receive news of just over one million new jobless benefit claims last week, no noticeable impact on the market on that. That market, the investors, theyre really waiting for the fed. Five big tech stocks, theyre coming off record highs. Here they are this morning, premarket. Apple is up some more, but
Minority leader Kevin Mccarthy held his Weekly Briefing with reporters to talk about the legislative agenda. He also commented on the recent rhetoric used by House Speaker nancy pelosi to describe republican led efforts on Police Reform. This is 15 minutes. Rep. Mccarthy today marks one month since George Floyds death. Senator tim scott and congressman pete stall very developed and impactful reform to keep our Community Safe with better policing. This should have been a week to show the nation that we could come together to solve problems. Developed an impactful reform. This should have been a week to show the nation that we could come together to solve problems. If you had any doubts that the democrats were never interested in working together to reach a solution, Speaker Pelosi dispelled it yesterday. If you recall, two weeks ago we were in this exact room, and sochl you pushed me to say what my red lines were in the democratic bill. It was jake continuing to ask. But jake actually m
Reform, House Minority leaders Kevin Mccarthy spoke to reporters about the speakers getting away with murder comment. Good morning. Good morning. Welcome back. So, today marks one month since George Floyds death. Senator tim scott and congressman pete stall very developed an impactful reform. This should have been a week to show the nation that we could come together to solve problems. If you had any doubts that the democrats were never interested in working together to reach a solution, Speaker Pelosi dispelled it yesterday. If you recall, two weeks ago we were in this exact room, and sochl you pushed me to say what my red lines were in the democratic bill. It was jake continuing to ask. But jake actually made it clear in the playbook pm, i didnt want what i may have disagreed with to get in the way i literally said, i would not point out where i disagree because i want to find places we can agree. I want to make law. Contrast to house Speaker Pelosi responded to senator tim scott. Sh
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Youre likely goal to chop them up, what isnt political purposes . Alex morgan, julia, the white house. Thanks very much. Im alex mark where here in the situation room, Erin Burnett Outfront starts right now outfront next fireworks. The Trump Legal Team tries to tear Michael Cohen story apart. Casting serious out on several fronts did it move the jury . Plus trump hurt black people . That is the message. Biden is putting out there tonight is it resonating to radio hosts who spoke to the president about the subject or Outfront Plus Breaking News this our nato now closer to sending troops to train in ukraine its putin makes gains towards one of the biggest cities in ukraine. Cnn is on the ground, on the front lines. Lets go out front and good evening. Im Erin Burnett Outfront tonight. Trump taking aim at cohen. It was an explosive day in court and trump was all in he knew today could decide the case. As trumps team turned up the heat on Michael Cohen. Trump was present like he hasnt been