republican senate leader mitch mcconnell told the washington post exactly how he saw our nation s debt limit. quote, what we did learn is this. it s a hostage worth ransoming. a hostage. that is how republicans view this, and that is how we should too. here s what happened five days after mcconnell s hostage statement. this because dark day for the nation s finances and for millions of americans with a stake in the markets, the very same americans who are still processing the fact that our country has lost its top credit rating. here s the damage from today. the dow down over 630 points. that s the sixth largest drop in history, the worst since 2008. nasdaq lost about 7% of its total value. s&p 500 lost 6.6% of its value in one day. the president went on television at midday to reassure americans, but the damage was done. the markets continued to drop while he spoke, and the damage continues. it s a bigger systemic problem with no end in sight. that was what is now know
furious at garland and other justice department officials saying the attorney general named a special counsel to pursue biden even after they did everything his department asked. joining us now is an guttive reporter for the washington post and one of the reporters on the deep dive of this white house s thinking. thanks for joining me. when you read this accountinging it explains a lot, at least from the white house perspective about why there wasn t more transparency or communication, and it seems like the biden administration was trying to be very deferential to the doj and very much follow the letter of the script they thought they were both reading from. was there a point at which the doj lost confidence in the biden administration? i mean what happened that made the two packets diverge? alex, i m so glad you asked this because we have no indication, no evidence that the